Parish of Woodschapel, St John's & Gracefield Parish of Woodschapel. St John's & Gracefield Trustees. Annual Report and Statement of Receipts and Payments and Assets and Liabilities For the year ended 31 December 2022 Charities Number: NIC104346
Parlsh of Woodschapel, St John's & Grac8field Annual report and financlal ststements for the year ended 31 December 2022 Contents Pages References and administrative datails of the Charity Trustees. report Independent Examinerfs Report to the Trustees Receipts and payments account ststement of assets and Itabilit18S Notes to the financial statements 9-17
Parish of Woodschapel. St John's & Gracefield References and administratlve detalls Charity Name: Parish of Woods¢hapel, St John's & Gracefield Charity Registration Number: NIC104346 Contact Address: 140 Ballyronan Road Magherafelt Co Londonde BT45 6HU Northern Ireland Trustees Mr Andrew Bates Mr James Bates Mr William Brown Ms Maggie Bryson Mr George Clarke Dr Marleen Collins Mr Alan Derby Mrs Lynda Galway Mrs Heather Hawthome Mrs Izette Hunter Mr Robert Hurl Decgased Mr John Murray Mrs Rae Patterson Mr Roy Patterson (Peoples. Glebe Warden) Mr Richard Sheppard Mr Imlllam Watterson (Rectorfs Glebe Warden) Principal Offlce4)earers Clergy: Honorary TreaSUr. Honorary Secretaw. (Actlng) Honorary Secretary: Reciorfs Churchwarden. Peoples, Churchwarden: Rev&rend Ruth Murray Ms Maggie Bryson Mrs Rae Patterson (January- April) Mr Roy Patterson (Aprll- December) Mrs Heather Hawlhoma Mr Wdliam Brown Independent Auditor David Lyiue + Co Ltd 15 Meeting Street Magherafelt Co Londondery BT45 6BN Princlpal Bankers Danske Bank Donegall Square Wesl Belfast BT16JS
Parish of Woodschapel. St John's & Gracefield Truste8s' Annual Report for the year ended 31 December 2022 The Trustees present the annual report and stalements of Receipts and Payments and Assèts and Liabilities for the Church for the year ended 31 December 2022. Objectives and Activities The charttable purpose of the Church of Ireland is the advancement of religion. The principal function of the Parish of Woodschapel is to support the advancement of the Christian religion by promoting. through their work Ihe whole mission of the Church. pastoral, evangelical. social and ecumenical. Being open to and engaging with society as a whole and offering support for those needing help are fundamental to the practical deltvery of the benefits of Christianity. As a result of activity in the pursuit of the advancement of the Chrtstian religion. the Parish of Woodschapel has Custody of property and of records. materials and artefacts of sb3nificance to the Cultural and religious heritage and maintenance of which is undertaken by the Select Vesty of the Parish of Woodschapel. Achlevements. Perfomiance & Public Benefjt Thls year has seen the relaxation of rules and regulations imposed by the global pandemic. Weekly services and some community activities bvere provlded. Both churches and the hall were utllised with caution. Health and Safety remains a priorty. We continued to keep in touch via post and emall. We retslned Zoom as a tool for engagement and training. We continue to support soffle charitable organisatlons flnanclally. Practicalty we provide others wtth donations of food clothing and basic needs. We are always conscious of our Safeguarding duties. The Parish continues to give careful consideration to the Charlty Commission for Northern Ireland's guldance on public benefit to ensure that the activities entered into during the year have helped to achieve the Parish's objectives and activities. as well as providing public benefiL Flnancial Revlew The results for the year arè set out on page 7. which the Trustees consider to b8 satisfactory. The r8serves of the Parish are h8ld for th8 advancement of Its charitable purpose, other than r8Strictad resarves whlch are hald for a d&signatsd purpose- see note 16. Going Concern The Trustees have reviewed the budgets for the year ahead and are satisfied that there are adequate funds in pla to ensure that the Parish can continue its activities and the financial ststements for the year ended 31 December 2022 can be signed off as a going concem.
Parish of Woodschapel, St John's & Gracefield Trustees. Annual Report for the year ended 31 December 2022 (contlnuad) Structure, Governance and Management Governing Document and Constitution of the Charity Chapter111 of the Constilution of the Church of Ireland govems Parishes and Parochial Organisation. The Select Vestry members are the Charity Trustees. Recruitment andAppointment of Select Vestry (Trustees) All members of the Church of Ireland who are over the age of 18 who are annual subscribers of a sum not less than £50.00 per annum and are either resident within the parish or live elsewhere but have been accustomed members of the congregation may register as members of the General Vesty of the parish. allowing them to attend and vote at meetings of the Genera Vestry and to stand for election to the Select Vesty. Meetings of the General Vestry are held at least once a year. The Select Vestry is elected as part of this General Vestry meeting. The Select Vestry will hold their positions for a period of one year. Seled Vestry members may be re-elected annually and there is no lim5t on the number of terms which may be served. Oryanisatlonal Structure The Select Vestrytakes responsibility for the managing of certain activities and decision making within the parish. The Select Vestry conslsts of the member of the clergy serving in the parish. any curate asslstant ("the curate"). th8 churchwardens. the glebe wardens and generally not more than twefve other members of the General Vestry elected at the General Vestry Meeting. The S81ect Vestry is chaired by the incumbent or other member of the clergy officiating in the parish. Select Vesty members are responsible for maklng decisions on matters of general concem and importance to the parish Includlng deciding how parish fvnds are to be applied. The Select Vesty meets at times fixed by the members or by the diocesan synod. Special meetings may be convened at any time by the chairperson or the churchwardens. In 2022 thè Sélectvestry met 10 times (including 2 short meetings) during the year and the average attendan was 69%. Compliance Public Benefit The Parish has glven careful consideration to the Charty Commission for Northern Ireland's guidance on publlc berrt to ensure that the activiiies entered into during the year have helpad to achleve the Parish's objectives and activities, as well as providing pubfjc benefit. Statement of Trustees. Responsibilities The Trustees are responsible for preparing the Trustees, Report and the ststement of re¢&lpts and payments and stalement of assets and liabilities in accordance with applicable law and regulations. The law applicable to charities in Northem Ireland with Income of less than £250.000 requires the Trustees to prepare a ststement of receipts and paymeTts and a statement of assets and liabilities for each financial year.
Parish of Woodschapel, St John's & Gracefleld Trustees, Annual Report for the year ended 31 Docamber 2022 {continued) Statement of Trustees. Responsibilities (Continued) The Trustees are responsible for keeping accounting records that are sufflcl8nt to show and exptain the Parish's transactions and disctose with reasonable accuracy at any tim8 th8 assets and Ilabllltles of thé Parish. They are also responsible for safaguardlng the assets of the Parfsh and hence for taking reasonable step8 for the preventlon and dètactlon of fraud and other Irregularllles. Signed on Behalf of thè Truste88 Reverend Rulh Murray Trustoo Mr Roy Patterson Truste8 30 March 2023
Parish of Woodschapel, St John's & Gracefield Independent Examinerfs Report to the Trustees of Parish of Woodschapel I report on the accounts of the Trust for the year ended 31 December 2022, which are set out on pages 2 to 17. Respective responsibilities of charity trustees and examiner As the charity's Trustees, you are responsible for the preparation of the accounts in accordance with the Charities Act (Northem Ireland) 2008. It is my responsibility to= . examine the accounts under section 65 of the Charities Act follow the ProdureS laid down in the general Directions given by the Commission under section 65(9){b) of the Charities Act . state whether particular matters have come to my attention. Basis of independent examiner's report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance wÈth the general Directlons gtven by the Charity Commission for Northem Ireland under section 65(9)(b) of the Charities Act. My examinatlon included a review of the accounting records kept by the charlty and a comparison of the accounts presented with those records. It also included consideration of any unu8ual items or disclosures in the accounts, and seeking explanations from you as charity Trustees conceming any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe: 1. That accounting records were not kept in accordance wlth section 63 of the Charities Act 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with the accounting requlrements of the Charities Act 4. That there is further information needed for a proper understanding of the accounts to be reached. Independent examine8 statement I have completed my examination and have no COnmS in respect of the matters (1) to (4) listed above and, in connection with following th Directions of the Charity Commission for Northem Ireland, I have found no matters that require drawing to you ention. Stephen McGeagh BA Hons FCA CTA for and on behalf of David Lyttle + Co Ltd Chartered Accountants Statutory Auditors 30 March 2023 15 Meeting Street Magherafelt Co Londonderry BT45 6BN
Parish of Woodschap81. St John's & Gracefield Recelpts and Payments Account for the year ended 31 December 2022 Unrestricted Funds 2022 Restricted Total Total Note 2022 2022 2021 Recei Sustentation ptate collection Special Collections Donations for use of Hall Building and Maintenance Fund IncreaselDecrease in Valuation of Invesknents Bank & Deposit interest Investment income Other receipts Receipts regarding Parish Organisations Revenue Grants Totsl Recei 48.981.91 250.98 48,981.91 250.98 5.144.99 450.00 13.768.48 (3.591.52} 253.97 1,655.93 17,290.86 446.37 2.110.00 86.761.97 49.230.00 142.00 1,483.94 100.00 15,573.89 6.322.98 197.60 1.529.86 21,023.20 217.40 888.40 96,709.27 5.144.99 450.00 13,768.48 (3,591.52) 253.39 1.521.57 14,239.86 134.36 3.051.00 446.37 600.00 23.145.78 1,510.00 63,616.19 ments Diocesen Assessment St John's Running Costs Gra¢efield Running Costs Hall Costs Sunday School Costs Rectory Costs Administration Costs Charitsble Donations Payments regardlng Parish Organisatlons Tota 46,981.13 862.31 276.17 814.07 995.00 1.105.58 17.061.34 2.630.50 46,981.13 7,281.40 2,221.83 2,401.03 995.00 3,711.47 20,282.88 8.034.89 408.01 92,317.64 45,003.29 4.507.50 1,684.58 3,019.48 585.60 1,303.91 20,603.25 4.899.30 187.02 81.793.93 8.419.09 1,945.66 1.586.96 10 11 12 13 14 15 2,605.89 3,221.54 5,404.39 408.01 21,591.54 70.726.10 Excess of Receipts over Payments for the year before transfers (7,109.91) 1,554.24 (5,555.67} 14,915.34 Capital payments Capital Grants recelved Transfers 18 18 Excess of Receipts over Payments for the year 17,109.91) 1.554.24. (5,555.67) 1491&34
Parish of Woodschapel, St John's & Gracefield Statement of Assets & Liabilities as at 31 December 2022 Unrestricted Restricted Funds Funds 2022 2022 Total Totsl 2022 2021 Funds Reconciliation Bank and Cash at start of year Net movement in funds 57.670.13 57.357.69 (3.518.39) 1.554.24 115.027.82 (1,964.15) 106.435.46 8,592.36 Bank and Cash at end of year 16 54.151.74 58.911.93 113,063.67 115.027.82 Cash Funds Current Accounts Deposit Accounts (includlng Bank of Ireland) Cash Total Cash Funds 54,151.74 58.386.76 480.05 45.12 54,151.74 58.g11.93 112.538.50 480.05 45.12 113.063.67 89.286.77 25.579.71 161.34 115.027.82 Investment Assets Equity Investrnents Investments in RCB I CIT Unit Trusts Other Investments Total Investhient Assets 14,565.90 35,183.07 14.565.90 35.163.07 15.425.07 37.895.42 17 49,728.97 49,728.97 53,320.49 Assets retained for the Parish's own use St John's Church Gracefield Church Woods Parlsh Hall Rectory Glebe land Total Assets retained for tho Parish's own use 105,838.34 175.232.38 252.809.94 340,000.00 117,000.00 990.880.66 105.838.34 175.232.38 252,809.94 340.000.00 117.000.00 105,838.34 175,232.38 252,809.94 340.000.00 117,000.00 18 990,880.66 990,880.66 . Slgned on Behalf of tha Trustees Reverend Ruth Murray Trustee y Patterson Trustee 30 March 2023
Parish of Woodschapel. St John's & Gracefleld Notes to the financial ststements for the year ended 31 De¢ember 2022 1. Accounting pollclas Set out below are the principa5 accounting poliaes which have been adopted In the compilation of the Receipts and Payments Account and the Statement of Assets and Liabilities (a) Receipts and PanentS Account All items of income and expenditu included within the Receipts and Payments Account have been accounted for on a cash receipts basis. (b) Statement of Assets and Liabilities The Select Vestry has reviewed the basis on which it has prepared its accounts and in order Ihat these are prepared on a strict receipts and payments basis it has eliminated from its fund balances any funds which are not held in bank or cash balances. Any other funds. which the congregation holds, in particular investrnents. are disclosed on the Statement of Assets & Liabilities. (i) Assets retalned for the Parish s own usa The assets of the Parish, retained for ts own use comprise:_ Church Buildings and Graveyard Parish Hall Rectory Glebe land The Church Building and Graveyard are deemed to be Heritage assats as defined by the Charities SORP {FRS102). These Hérltage assets are not included in the ststement of assets and liabilities as information on the cost orvaluatlon Is not available and such infonnation cannot be obtained at a cost commensurate with the benefit to the users of the accounts and to the parfsh. The Parish Hall. Rectory and Gl8b& land has been recognisad on values which the Select Vestry deem to represent the estimated fair value of the property at 1 January 2017. No depreciation has been provided on thls bullding as the current estlmated residual value is not less than Its carying value and the remaining useful life currently exceeds 50 years. li) Investments Fixed asset investments comprising investment properties. investments in equities (ordinary shares) and investrnent in RCBICIT Unit Trusts are initially recorded at cost and are then subsequently stated at fair value at each year end date. Investments in unquoted investrnents are recorded at cost and are assessed annually for impairment.
Parlsh of Woodschapel, St John's & Gracefield Notes to the financial ststements for the year ended 31 December 2022 (continued) 2. Special Collections Unrestricted 2022 Restricted 2022 Total 2022 Total 2021 Donor Air Ambulance Amiagh Mintstry Training Fund Ballyronan District Junior LOL81 B)le Society Btshops. Appe Bishops, Appea] (Hospice) Christian Aid CMSI Confirmation Service Food Bank LEMOS Mission to Seafar8rs MU Rural Deanery Service Royal British Legion Poppy Day Appeal Simon Community TOTAL 1.033.50 1.033.50 170.00 298.20 298.20 189.34 1.310.59 314.20 1.310.59 314.20 179.50 259.40 290.26 83.00 378.90 511.10 312.24 221.00 392.00 290.26 83.00 378.90 511.10 312.24 221.00 392.00 31.00 276.00 378.70 1,483.94 5.144.99 5.144.99 3. Donations for Hall Unrestrtcted 2022 Restrfcted 2022 Total 2022 Totsl 2021 Donorllncome Badminton Club re 2020 Badmlnton Club Bowling Club Rainbows & Brownies TOTAL 50.00 50.00 50.00 150.00 250.00 450.00 50.00 150.00 250.00 450.00 100.00 Building and Malntenance Fund Donor UnstriCted 2022 Restricted 2022 Total 2022 Total 2021 Donations (General) In lieu of flowers- tate Mr David Ferguson In lieu of flowers- late Mrs Margaret Beattie In lieu of fiowers- late Mrs Roberta Cowan Monthly Envelopes TOTAL 20.00 890.00 405.00 215.00 14.043.89 15,573.89 13,768.48 13,768.48 13.768.48 13,768.48 10
Parish of Woodschapel, St John's & Gracefield Notès to tha flnanclal statements for thè year ended 31 December 2022 (continued) s. other receipts Unrestrlcted 2022 Restricted 2022 Totsl 2022 Total 2021 Donor Conacre Donattons Donation - Baptism Donatlon Desertcreat for staging Donation re ordS search tkjnations for replacement trees for Church grounds Gift Aid . Glft Aid Small Donatlons Scheme Grave fees Grazing Gardon re Gracefleld Magazlne Income MU payMent Nl Water refund NIE wayleav8 Refund internet charges Sale of firewood Varlous cheques for expenses uncashed Wedding donatlons TOTAL 1,960.00 50.00 100.00 50.00 1,960.(M) 50.00 100.00 50.00 1.960.00 450.00 40.00 165.77 270.00 12.298.54 2.000.00 1.000.00 10.00 287.50 9,331.08 2,r15.00 12,106.08 1,500.00 10.00 377.25 1,500.00 10.00 377.25 278.00 276.00 1,709.66 54.73 49.93 21.60 490.00 49.93 21.60 490.00 777.00 300.00 14 239.86 300.00 17 290.86 3 051.00 21023.20 Glft Aid recelpts related to amounts recelved in respect of donations for 2021. The amount of £11,847.97 will be claimed for 2022 donations. 6. Rac8lpt8 rogardlng Parl8h Organl8atlon• Unrnstrlcted 2022 Rutrlctsd 2022 Total 2022 Total 2021 Badmlnton Club Woods Bowling Club Woods Youth Club TOTAL 140.00 305.00 1.37 446.37 140.00 305.00 1.37 446.37 38.00 180.00 217.40 7. Rev•nu• Grants Unrestrlcted 2022 Re8trtcted 2022 Total 2022 Total 2021 Co4)peration Ireland Covld grant Dlocese of Armagh fogger grant MUDC Jubilee C818brations Grant RCB Covid Support Grant TOTAL 738.40 150.00 600.00 600.00 1,510.00 2.110.00 1,510.00 1510.00 600.00 888AO 11
Parish of Woodschapel, St John's & Gracefield Notes to thè flnanclal statements for the year ended 31 December 2022 {contlnued) 8. St John's running c¢)sts Unrestricted 2022 Restricted 2022 Total 2022 Total 2021 CCLI Electricity Graveyard wa51 repairs Guest preachers Heating oil Ramp inspeclion fee Repairs Sundry expenses Water rates TOTAL 378.00 378.00 410.94 3.400.00 232.00 1.850.47 279.00 598.06 410.94 3.400.00 232.00 355.00 2.051.87 150.00 828.70 221.13 23.74 4.507.50 1.850.47 757.68 757.68 15.50 236.81 7,281.40 15.50 236.81 862.31 6,419.09 9. Gracefield running costs Unrestricted 2022 Restrlctod 2022 Total 2022 Total 2021 CCLI Electricity Fogger Heatlng oil Report r8 walls Water rates TOTAL 216.00 216.00 453.90 181.00 346.12 200.00 689.76 144.00 143.70 1.684.58 453.90 1,491.76 1.491.76 60.17 276.17 60.17 1,945.66 10. Parlsh Hall running costs Unrestricted 2022 Restrlcted 2022 Total 2022 Total 2021 Electrldty Emergency lightlng Inspeclion Heating oil Intemet costs Repairs Sundry expenses Water rates TOTAL 415.81 415.81 72.00 1.095.55 405.88 75.60 31.10 305.09 2.401.03 186.75 300.00 591.68 72.00 1,095.55 405.88 75.60 1,377.28 62.98 500.79 3.019.48 31.10 305.09 814.07 1.586.96 11. Sunday School costs Unrestricted 2022 Restricted 2022 Total 2022 Total 2021 Teaching materials and prtzes Gifts Party expenses Sunday School &Youlh work expenses Sundry TOTAL 610.75 48.00 247.75 88.50 610.75 48.00 247.75 88.50 512.60 73.00 585.60 995.00 995.00 12
Parlsh of Woodschapel, St John's & Gracefield Notes to the financial statemants for the year ended 31 Decembar 2022 (contlnued) 11 Rectory costs Unrestricted 2022 Restricted 2022 Totsl 2022 Total 2021 Dishwasher Heating oil Rates Repairs TOTAL 330.00 330.00 2,530.89 775.58 75.00 3.711.47 2.530.89 491.00 762.91 50.00 1,303.91 775.58 75.00 2.605.89 1.105.58 13. Administrdtion costs Unrestricted 2022 Restricted 2022 Total 2022 Total 2021 Accountancy Annual reports Bank fees Caretaker Catering Confirmation SeNice Dedication service 8xpenses Diocesan magazines Donation Orrltor Primary School Entertainment licence Fire Safety CheckJAlarm tests Gift to Rector 1.632.00 230.00 247.27 750.00 134.93 1.632.00 230.00 279.98 750.00 134.93 1.560.00 225.00 187.79 750.00 32.71 252.45 237.50 285.00 50.00 1.00 285.00 50.00 1.00 461.58 534.36 246.50 245.00 185.30 5,105.29 472.93 600.00 550.00 849.37 1,192.89 73.75 275.00 1,845.00 2.269.06 95.00 461.58 134.36 303.85 781.91 362.56 400.00 246.50 245.00 185.30 5,105.29 472.93 Hoover Hope Magazlnes Insurance Jubilee expenses Jubllee expenses funded MUDC Lawn mowing costs Lawn mower repalrs & fu Lottery fvnd expenditure Mothering Sunday expenses Omega softwarelupdatesltraining Organistslsingers Photocopier costs PPEldisinfectanUdispensers Priorities Fund expenditure Stationery and postage Sundry Replacement trees for ChurGh grounds Water rates- Brown's field Parish Hall fteld - hedge cutting Weekly envelopes Zoom annual fee TOTAL 4,555.18 600.00 550.00 849.37 550.00 456.44 1,912.46 1,192.89 73.75 275.00 1,845.00 2.269.06 95.00 260.00 1,155.00 1,192.14 738.40 1.135.29 2.864.11 262.30 270.00 73.41 223.17 91.00 223.17 91.00 91.75 91.75 800.00 569.14 143.88 20.282.88 800.00 569.14 143.88 17,061.34 517.46 3.221.54 20.603.25 13
Parish of Woodschapel, St John's & Gracefleld Notes to the financial statements for thè year endad 31 December 2022 (contlnued) 14. Charitable donations Unrestricted 2022 Restricted 2022 Total 2022 Total 2021 Aclion for Hearing Loss Ambulance Armagh Diocesan Board of Healing ATmagh Diocesan Board of Ministry Amiagh Diocesan Youth Grant Ballyronan District Junior LOL81 Bble Society Btshops. Appea] Bishops. Appea (Hospice) Christian Atd Church Army Church of Ireland Board of Education Church of Ireland Board of Social Action Church of Ireland Children's Mln Group Church of Ireland Ministy Among Jewish People Church of Ireland Wldows and Orphans CMSI Crosslinks Food Bank Gldeons International LEMOS Mission to Seafarers Mothers, Unlon Overseas Fund Open Doors Royal Briknsh Legion Poppy Day Appeal Royal National Institute for Blind Simon Community USPG TOTAL 35.00 0.50 35.00 1.034.00 35.00 1.033.50 150.00 ' 170.00 85.00 150.00 85.00 83.00 233.00 85.00 298.20 298.20 189.34 1,090.00 511.50 600.00 1,310.59 314.20 259.40 1,910.59 314.20 259.40 165.00 85.00 85.00 85.00 165.00 85.00 85.00 85.00 165.00 85.00 85.00 85.00 35.00 35.00 500.00 165.00 35.00 35.00 790.26 165.00 378.90 100.00 511.10 397.24 221.00 165.00 392.00 35.00 35.00 35.00 500.00 165.00 31.00 100.00 290.26 378.90 100.00 511.10 312.24 221.00 85.00 307.76 165.00 165.00 276.00 35.00 378.70 220.00 4.89920 392.00 35.00 220.00 2,630.50 220.00 8.034.89 5.404.39 15. Payments regarding Parish Organisations Unrestricted 2022 Restricted 2022 Total 2022 Total 2021 Badminton Club Bowling Club Youth Club TOTAL 71.51 306.50 30.00 408.01 71.51 306.50 30.00 408.01 116.78 50.24 20.00 187.02
Parlsh of Woodschapel. St John's & Gracefleld Notes to the flnancial statements for the year ended 31 Dacember 2022 (contlnued) 16. Movement In Funds At1Jan Incomlng Outgoing Transfers 2022 Resources Resources At 31 De¢ 2022 Restricted funds Badminton Club Lottery Fund RCB Youth Grant Bowling Club Bullding and maintenan Fund Mcclure Memorial Fund Youth aub special Collection5 MUDC Grant Co-operation Ireland Covld Grant Other amounts for specific expenditure 1.418.62 5.829.48 575.50 459.27 46.947.25 479.47 1.388.70 259.40 140.00 276.00 71.51 1.225.60 1.487.11 4.879.88 575.50 305.00 16.543.48 0.58 1.37 5,144.99 600.00 306.50 13.819.18 49.671.55 480.05 1.360.07 30.00 5,404.39 600.00 134.36 134.36 57,357.69 23,145.78 21.591.54 58,911.93 Unrestricted funds General Fund 57.670.13 67.207.71 70,726.10 54.151.74 57,670.13 67,207.71 70.726.10 54,151.74 Totsl funds 115.027.82 90.353.49 92.317.64 113,063.67 Pur oses o icted Funds -Building and Maintenance Fund." This is a fund to asslst wlth the cost of maintaining and repalr of the Parish Buildings. -Bowling Club: This is a fund for the use of the Bowling Club. Badminton Club: This is a fund for the use of the Badmlnton Club. -youth Club: Thts is a fund for the use of Ihe Youth Club. -McClure Memorial Fund: This fund is for purchasing musical related items for the church -Lottery Fund - to be used for a variety of recreational activities. -RCB Priorities Fund-To be used for Youth Work within the Parish. 15
Parlsh of Woodschapel, St John's & Gracefield Notes to thè flnanclal statements for the year anded 31 December 2022 (continued) 17. Investment Assets & G Representative Inveslments Church Body Totsl Opening value at 1 Jan 2022 15.425.07 37,895.42 53.320A9 Changes in valuation Additions Disp05als (859.17) {2,732.35) (3.591S2) Closing value at 31 Dec 2022 11565.90 35,163.07 49,728.97 18. Assots retalned for the Parish's own use Glebe land Gracelleld Church St John's Woods Chur¢h. Pallsh Hall Rectory Totsl Oponing cost at 1 Jan 2022 117,000.00 175,232a8 105,838.34 25209.94 340,000.00 990,880.66 Addhlons Cioslng cost at 31 Dec 2022 117,000.00 175232.38 105,838.34 252,809.94 340.000.00 990,880.66 16
Parlsh of Woodschapel, St John's & Gracefield Notss to the financial statements for the year ended 31 December 2022 (continued) 19. Transactlons the Trustees The parish paid expenses of rJ.381.47 relating to the running costs of the glebe house which is occupied by the rector. No trustee received any remuneration during Ihe year, other than Roy Patterson who wa5 paid £550 as an honorartum for grass cutting and his wife Doris Palterson £750 as an honorarium for her role as the Parish caretsker. No othertrustee ora person related to a Irustee had any personal interest in any contract ortransaction entered into by the charity during the year. 20. Governance Costs G0Veman costs of £500 were incurred during the year of which £500 relates to fees paid to the independent examiner. Govemance costs are included within Administration costs in the Receipts and Payments Accounts. 21. Funding rocelved Grants received durlng th8 year being restricted for the purpose for which the grant was applied for:. Funder Allocated Total grant received 1,510.00 600.00 Capital Revenue 1,510.00 600.00 RCB Covid Support Grant MUDC 2.110.00 2.110.00 17