Statement of Accounts 2024
INCOME
| Direct Giving: (Weekly, Monthly, Annual.) | ||
|---|---|---|
| Church Offertories | £2,286.10 | |
| Free-Will Offerings | £17,103.10 | |
| Net Gift Aid Donations | £57,605.70 | |
| Net Donations to Development Fund | £11,379.20 | |
| Tax Refund on Gift Aid Donations | £19,161.69 | |
| (Including Development Fund and GASDS) | ||
| £107,535.79 | ||
| Investment Interest: | £16,300.46 | |
| Halls: | ||
| RBP 511 | £100.00 | |
| Guides | £219.03 | |
| Scouts | £100.00 | |
| Keep Fit Classes | £180.00 | |
| Bowling Club | £600.00 | |
| Craft and Leisure Club | £450.00 | |
| Bush Flute Band | £150.00 | |
| Motorcycle Show | £200.00 | |
| Playschool | £750.00 | |
| Good Companions' Club | £500.00 | |
| Catering / Funeral Teas | £600.00 | |
| Dungannon Silver Band | £200.00 | |
| Sundry Subscriptions for Use of Halls | £300.00 | |
| £4,349.03 | ||
| Special Collections etc. | ||
| Confirmation Service Collection | £175.40 | |
| Orange Order Service Collection | £125.88 | |
| Hospice Sunday Donations | £655.00 | |
| Harvest Services Collections | £911.10 | |
| Remembrance Sunday Services | £239.26 | |
| Missionary Boxes | £190.58 | |
| £2,297.22 |
| Magazines | ||
|---|---|---|
| Advertising | £340.00 | |
| Subscriptions to Parish Magazine | £825.00 | |
| Ambassador Magazine | £148.92 | |
| Church of Ireland Gazette | £55.00 | |
| £1,368.92 | ||
| Functions Organised by Events' Committee: | ||
| Hoedown | £585.00 | |
| Community Breakfast | £2,365.00 | |
| Tractor Run | £1,550.20 | |
| Killyman's Got Talent Concert Donations | £723.70 | |
| Christmas Craft Fair | £4,365.00 | £9,588.90 |
| Other Income: | ||
| Graveyard Fees | £4,690.00 | |
| Donations towards Upkeep of Graves | £110.00 | |
| Sale of Anniversary Calendars | £610.00 | |
| Sexton's House Rent | £5,400.00 | |
| Church Lands | £1,361.64 | |
| NIE Wayleave | £28.76 | |
| Donation towards New Church A/V System | £31,665.00 | |
| Donations to DVD Ministry | £10.00 | |
| Donation in Memory of the Late Mrs Lily Milligan | £60.00 | |
| Baptismal Donation | £40.00 | |
| Donation towards Printing | £65.00 | |
| Ruby Hunter Bequest from RCB | £5,537.86 | |
| Donations in memory of the late Mr J Gilkeson | £300.00 | |
| The late Mrs E Ferguson - Bequest | £10,000.00 | |
| Donation from Killyman Players Drama Group | £1,000.00 | |
| Killyman District - Contribution to Fence Repairs | £1,440.00 | |
| Playgroup Electricity | £566.93 | |
| Uncashed Cheques | £482.90 | |
| £63,368.09 |
TOTAL INCOME
£204,808.41
EXPENDITURE
| Dicosesan Assessment: | £75,964.28 | £75,964.28 |
|---|---|---|
| Church: | ||
| Heating Oil | £2,231.62 | |
| Electricity | £788.55 | |
| Renovation of Stained Glass Windows | £8,760.00 | |
| Vacuum Cleaner | £129.00 | |
| Repairs and Upgrade to A/V System | £31,960.00 | |
| Communion Wine | £50.94 | |
| £43,920.11 | ||
| Wages/Salaries: | ||
| Office/Caretaker/Organists | £11,797.60 | |
| Visiting Preachers/Holiday Cover | £560.00 | |
| £12,357.60 | ||
| Halls: | ||
| Electricity | £4,340.64 | |
| Heating Oil | £3,107.36 | |
| Electrical Repairs, Service and Testing | £5,224.00 | |
| Telephone and Internet | £1,135.20 | |
| Carpet Cleaning | £250.00 | |
| Paper Towels/Toilet Rolls/Cleaning Materials | £146.19 | |
| Catering Items etc. | £156.00 | |
| Brackets for Hall Stage | £150.00 | |
| Wood for Notice Board | £144.00 | |
| Repairs to Wall Damage at Griffith Hall | £380.00 | |
| Painting on Upper Floor | £620.00 | |
| Repairs to Games' Room and Ceiling | £400.00 | |
| £16,053.39 | ||
| Rectory: | ||
| Rates | £1,299.60 | |
| Cattle Grid | £700.00 | |
| £1,999.60 |
| Printing, Stationery, Postage, Telephone: | ||
|---|---|---|
| Church of Ireland Gazette | £45.00 | |
| Photocopying/Printing | £972.24 | |
| Weekly Envelopes | £632.53 | |
| Postage Stamps | £24.40 | £1,674.17 |
| Donations: | ||
| Dungannon Silver Band | £60.00 | |
| Southern Area Hospice (From Tractor Run) | £780.00 | |
| Greenisland Parish Church | £500.00 | |
| Bush Protestant Hall | £500.00 | |
| Tyrone Protestant Orphan Society | £500.00 | |
| Allocation to Missions_(CMSI, SAMS and The Leprosy Mission)_ | £1,100.00 | |
| REACH Mentoring | £1,000.00 | |
| £4,440.00 | ||
| Special Collections etc. | ||
| Confirmation Service - to Board of Ministry | £175.40 | |
| Orange Service - Plate Collection | £125.88 | |
| CMSI_(Half of Harvest Services' Plate Collections)_ | £455.55 | |
| The Leprosy Mission_(Half of Harvest Services' Plate Collections)_ | £455.55 | |
| Hospice Sunday Donations | £655.00 | |
| Remembrance Sunday Services | £239.26 | |
| Missionary Boxes - to The Leprosy Mission | £190.58 | |
| £2,297.22 | ||
| General: | ||
| Insurance | £6,701.04 | |
| Choir Outing | £320.00 | |
| Oak Bookcase | £5,000.00 | |
| Rates - Sexton's House | £909.72 | |
| Wood and Posts | £179.64 | |
| Laser Pointer | £27.26 | |
| Bank Fees | £219.54 | |
| Bank Fees | £112.77 | |
| NI Water | £419.26 | |
| Danske Bank Guarantees | £169.72 | |
| Purchase of DVDs and Sleeves | £69.41 | |
| Map Frame | £140.00 | |
| Gift Voucher | £100.00 | |
| Omega Software Update | £375.00 |
| Santa Claus Outfit | £99.90 | |
|---|---|---|
| Flowers | £19.98 | |
| Bicentenary Lunch Expenses | £45.00 | |
| Holiday Bible Club | £32.74 | |
| Fire Safety/Extinguisher Checks/Alarm Service | £461.28 | |
| Sunday School/Bible Class Prizes/Books | £487.11 | |
| Gift Aid Expenses | £99.00 | |
| Grass Cutting | £5,233.00 | |
| Fence Repairs (Boundary with Orange Hall) | £2,880.00 | |
| Poppy Wreath | £20.00 | |
| Copyright Licences | £939.00 | |
| £25,060.37 | ||
| TOTAL EXPENDITURE | £183,766.74 |
SUMMARY OF ACCOUNTS
(No 1 and Development Fund Accounts Combined)
| INCOME EXPENDITURE Excess of Income over Expenditure Balance at 31st December 2023 Balance at 31st December 2024 |
£204,808.41 £183,766.74 £21,041.67 £144,901.90 £165,943.57 |
|---|---|
MISSIONARY ACCOUNT 2024
| Balance at 31st Dec 2023. | Balance at 31st Dec 2023. | £6,857.89 | |
|---|---|---|---|
| Income | Sunday School Collections | £463.00 | |
| Other Donations | £88.80 | ||
| Danske Bank Interest | £117.69 | £669.49 | |
| Expenditure | To Mission Partners in Peru | £2,000.00 | £2,000.00 |
| Balance at 31st Dec 2024. | £5,527.38 |
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 2024, this (£107,535.79) was down very slightly from the figure in 2023 (£107,683.29). These figures include gift-aid tax refund.
.
Functions organized by the Events’ Committee during the year – Hoedown, Community Breakfast, Tractor Run, Killyman’s Got Talent Concert and Christmas Craft Fair raised a total of £9,588.90 for Church funds. Half of the proceeds from the Tractor Run (£780.00) were donated to the Southern Area Hospice.
During the year, the Church received a donation of £1,000.00 from the Killyman Players Drama Group.
The Parish’s contribution to the Diocesan Sustentation Fund for the year was £75,964.28, an increase of £12,215.40 from the figure for 2023. During the early part of 2023 the parish had a part-time minister (the Revd. Chris Broddle) and so had a reduced diocesan assessment for that period. Annual Inflation also contributed to the increase.
Apart from the Diocesan assessment and everyday running costs, other significant items of expenditure were:
Upgrade to Church Audio/Visual System. £31,960.00. The cost of this was covered by a very generous donation from a parishioner.
Refurbishment of the Church Stained Glass Windows. £8760.00. The Ruby Hunter Bequest (from 2020)(£5537.86) was divested from RCB and used to cover part of the cost of this refurbishment.
Bookcase for Memorial Room. £5,000.00. A bequest of £10,000.00 was received from the late Mrs Ethel Ferguson and it was her wish that part of the money be used to have the bookcase purchased.
Fence Repairs (Boundary with Orange Hall). £2,880.00. The Orange Hall Committee agreed to pay half of the cost of this fence upgrade.
Electrical Repairs, Service and Testing. £5,224.00.
Donations:
A total of £6,737.20 was donated to missionary societies and other good causes. £2,000.00 was also sent (from the missionary account) to the parish’s mission partners in Peru.
Statement of Assets and Liabilities as at 31[st] December 2024.
Cash Funds
Unrestricted (No 1 and Development Fund Accounts) £165,943.57
Restricted (Missionary Account) £5,527.38
Investment Assets
R.C.B. General Unit Trust (N.I) 126,225.66 units @ £4.334 £547,062.01 Church of Ireland Trustees Unit Trust 352.80 units @ £1.7158 £605.34 Assets Retained for Parish’s Own Use
Church Heritage Asset Graveyard Heritage Asset Sexton’s House £105,000 Rectory £300,000 Parish Hall £1,900,997.52 Griffith Hall £298,755.43 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. and C.I.T. at 31[st] December 2024.
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 Rectory and Sexton’s House are the capital values given by L.P.S for rates purposes.
The values assigned to the Parish and Griffith Halls are the sums for which each building and its contents are insured. Both 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 financial liabilities.
Signed:
Philip Annesley (Hon. Treasurer) Date: 24/4/2025
Signed: Sarah Carroll (Hon. Secretary) Date: 24/4/2025