| INCOME | £ | |
|---|---|---|
| Direct Giving: | ||
| Church Offertories | 2,835.11 | |
| Free-Will Offerings | 17,437.04 | |
| Net Gift Aid Donations | 56,555.17 | |
| Net Donations to Development Fund | 12,101.00 | |
| Tax Refund on Gift Aid Donations | 18,754.97 | |
| (Including Development Fund and GASDS) | ||
| £107,683.29 | ||
| Investment Interest: | ||
| 15,036.06 | £15,036.06 | |
| Halls: | ||
| Guides | 147.00 | |
| Donnelly Bros. - Loan of Hall Chairs | 300.00 | |
| Keep Fit Classes | 1,110.00 | |
| Craft and Leisure Club | 450.00 | |
| Badminton Club | 400.00 | |
| Bush Flute Band Concert | 150.00 | |
| Good Companions' Club | 450.00 | |
| Sundry Subscriptions for Use of Halls | 775.00 | |
| Dungannon Silver Band | 150.00 | |
| £3,932.00 | ||
| Special Collections etc. | ||
| Bishops' Appeal | 1,750.00 | |
| Collection for DR Congo | 1,341.10 | |
| Hospice Sunday Donations | 676.45 | |
| Harvest Services Collections | 600.00 | |
| Remembrance Sunday Services | 148.10 | |
| Institution Service | 579.76 | |
| Missionary Boxes | 377.23 | |
| £5,472.64 | ||
| Magazines: | ||
| Advertising | 320.00 | |
| Subscriptions to Parish Magazine | 575.00 | |
| Ambassador Magazine | 200.00 | |
| £1,095.00 |
| Other Income: | ||
|---|---|---|
| Graveyard Fees | 6,060.00 | |
| Donations towards Upkeep of Graves | 50.00 | |
| Insurance Rebate | 165.87 | |
| Sexton's House Rent | 5,400.00 | |
| Church Lands | 1,259.56 | |
| NIE Wayleave | 33.03 | |
| Christmas Craft Fair | 4,385.00 | |
| NIE - Help with Energy Bills | 1,800.00 | |
| NIE - Rebate | 278.24 | |
| Clothing Recycling | 512.00 | |
| Donations from Cancelled Concert in 2020 | 490.00 | |
| Donations to DVD Ministry | 100.00 | |
| Uncashed Cheques | 315.00 | |
| Amazon Smile | 17.88 | |
| Parish Breakfast | 1,300.00 | |
| Tractor Run | 1,885.00 | |
| Donation in Memory of the Late Mr Keith Farmer | 100.00 | |
| Donations to Leaving Present | 1,100.00 | |
| Confirmation Photographs | 125.00 | |
| Anonymous Donations | 30.00 | |
| Songs and Sweet Things | 415.00 | |
| Sale of Anniversary Calendars | 380.00 | |
| Sale of Church Models | 100.00 | |
| Wedding Donation | 500.00 | |
| Playgroup Electricity | 317.89 | |
| Donation from Fitness Instructor | 50.00 | |
| £27,169.47 | ||
| TOTAL INCOME | £160,388.46 | £160,388.46 |
| EXPENDITURE | £ | |
|---|---|---|
| Dicosesan Assessment: | 63748.78 | |
| £63748.78 | ||
| Church: | ||
| Heating Oil | 2442.50 | |
| Electricity | 1069.49 | |
| Door Key | 6.00 | |
| Communion Wine | 141.00 | |
| £3658.99 | ||
| Salaries / Holiday Cover / Visiting Preachers | 13416.45 | |
| £13416.45 | ||
| Halls: | ||
| Electricity | 4209.43 | |
| Heating Oil | 2367.00 | |
| Telephone and Internet | 953.90 | |
| Carpet Cleaning | 240.00 | |
| Paper Towels | 161.47 | |
| Catering Items etc | 53.94 | |
| Lift Service and Repairs | 408.00 | |
| Heating Repairs | 236.24 | |
| Cleaning Windows and Guttering | 150.00 | |
| Repairs to Vacuum System | 144.00 | |
| £8923.98 | ||
| Rectory: | ||
| Rates | 1239.70 | |
| Central Heating Oil | 923.00 | |
| Alarm Repairs and Service | 540.00 | |
| Cleaning Windows and Guttering | 85.00 | |
| Repairs to Front Door | 65.00 | |
| £2852.70 | ||
| Printing, Stationery, Postage, Telephone: | ||
| Invitations for Institution Service | 52.00 | |
| Photocopying/Printing | 799.97 | |
| Printing Paper and Office Materials etc. | 353.64 | |
| Weekly Envelopes | 637.97 |
| Anniversary Calendars | 1716.00 | |
|---|---|---|
| Ambassador Magazine | 142.50 | |
| Postage Stamps | 84.20 | £3786.28 |
| Donations: | ||
| Tyrone Protestant Orphan Society | 500.00 | |
| Allocation to Missions | ||
| CMS Ireland | 500.00 | |
| SAMS | 300.00 | |
| Leprosy Mission | 300.00 | |
| REACH Mentoring | 1000.00 | |
| £2600.00 | ||
| Special Collections etc. | ||
| OMF international | 300.00 | |
| Barnabas Aid | 300.00 | |
| Hospice Sunday Appeal | 676.45 | |
| Institution Service Proceeds to Board of Ministry | 579.76 | |
| Bishops' Appeal | 1750.00 | |
| Remembrance Sunday Service | 148.10 | |
| Collection for DR Congo | 1341.10 | |
| Missionary Boxes - to CMS and Leprosy Mission | 377.23 | |
| £5472.64 | ||
| General: | ||
| Insurance | 6252.83 | |
| Choir Functions | 325.00 | |
| Parts for AV Recording System | 116.37 | |
| Omega Software Update | 358.00 | |
| Rates - Sexton's House | 867.78 | |
| Leaving Presents | 3665.00 | |
| Choir Folders | 76.00 | |
| Bank Fees | 317.73 | |
| NI Water | 208.93 | |
| Danske Bank Guarantees | 169.72 | |
| Purchase of DVDs and Sleeves | 104.61 | |
| Wood, Fence Posts | 243.12 | |
| Office Computer | 846.00 | |
| Part -Time Minister's Expenses | 432.00 | |
| Children's Bibles | 108.80 | |
| Office Painting | 400.00 | |
| Bouquet | 55.00 | |
| Soup Lunch | 330.00 | |
| Coronation Expenses | 273.66 |
| Lightimng and Electrical Repairs | 5018.40 | |
|---|---|---|
| Fire Safety/Extinguisher Checks | 480.66 | |
| Palm Crosses and Sweets | 127.20 | |
| Sunday Schoo lPrizes / Bible Class Prizes / Confectionary | 1416.43 | |
| Hi-Viz Jackets | 43.20 | |
| Gift Aid Expenses | 85.00 | |
| Grass Cutting | 4818.00 | |
| Landlord Registration | 70.00 | |
| Copyright Licences | 901.00 | |
| Connected Outing | 275.00 | |
| £28385.44 | ||
| TOTAL | £132,845.26 | £132,845.26 |
| SUMMARY OF ACCOUNTS | ||
| (General and Development Fund Accounts Combined) | ||
| INCOME | £160,388.46 | |
| EXPENDITURE | £132,845.26 | |
| Excess of Income over Expenditure | £27,543.20 | |
| Balance at 31st December 2022 | £117,358.70 | |
| Balance at 31st December 2023 | £144,901.90 | |
| MISSIONARY ACCOUNT | ||
| Starting Balance (31st December 2023) | £9,766.11 | |
| Income ‘Peru' Money found in Safe |
£1,900.00 | |
| Other Donations | £296.86 | |
| From No 1 Account - Peru Travel Exp, | ||
| Refund | £2,000.00 | |
| Danske Bank Interest | £103.82 |
Expenditure To Peru (£2000 plus £50 fees) £2,050.00 To CMS for DR Congo £5,158.90
Closing Balance (31[st] December 2023) £6,857.89
Notes on Statement of Accounts:
Each year, direct giving by parishioners and friends of the parish forms a major part of the Church’s income. In 2023 this was £3,795 (approx. 3.65%) more than in 2022. These figures include gift-aid tax refund.
Events organized during the year – Parish Breakfast, Tractor Run, Songs and Sweet Things and Christmas Craft Fair raised a total of £7985 for Church funds.
The Parish’s contribution to the Diocesan Sustentation Fund for the year was £63748.19 – approximately £15,600 more than the figure for 2022. This increase was due to the parish having a part-time minister until Easter and our new full-time Rector (Revd. John Ewart) being in place since May. During 2022 the parish was in vacancy and so had a much reduced diocesan assessment. Apart from the Diocesan assessment and everyday running costs, other significant items of expenditure were:
Electrical and Lighting Upgrades and Repairs: £5018.40. Purchase of New Office Computer: £846.00 Printing of 200[th] Anniversary Calendars: £1716.00
The cost of electricity and heating oil also increased significantly over the year. Though, a total of £1800 was received from NIE as part of the government’s ‘Help with Energy Bills Scheme’.
Donations:
A total of £6500 (£5158.90 from Missionary Account and £1341.10 from a special collection) was sent via CMS to the Parish’s mission partners in DR Congo. £2050 (including £50 fees) was sent to the Parish’s mission partners in Peru. Donations totalling £6731.54 were also made to other missionary societies and good causes.
Statement of Assets and Liabilities as at 31[st] December 2023.
Cash Funds
Unrestricted (No 1 and Development Fund Accounts) £144,901.90
Restricted (Missionary Account) £6,857.89
Investment Assets
R.C.B. General Unit Trust (N.I) 127,488.81 units @ £4.255 £542,464.89
Church of Ireland Trustees Unit Trust 352.8 units @ £1.565 £552.13
Assets Retained for Parish’s Own Use
Church Heritage Asset Graveyard Heritage Asset Sexton’s House £200,521 Rectory £555,837 Parish Hall £1,768,369 Griffith Hall £277,912 Agricultural Land £105,000
Notes on Assets:
The values attached to the Investment Assets are the market values of the holdings as given by R.C.B. at 31[st] December 2023.
The Church and Graveyard are deemed to be Heritage Assets and so no monetary values are assigned to them in the statement of assets and liabilities.
The values assigned to the Parish and Griffith Halls, Rectory and Sexton’s House are the sums for which each building and its contents are insured. All buildings are well maintained and are in very good order.
The value assigned to the agricultural land is its approximate sale value.
Liabilities:
The Church has no current cash liabilities.