Parish of Woodschapel, St John's & Gracefield
Trustees. Annual Report and Ststement of Receipts and Payments
and Assets and Liabilities
For the year ended 31 December 2023
Charilles Number. NIC104346

Parish of Woodschapel. St John's & Gracefield
Annual report and financial statements for the year ended 31 December 2023
Contents
Pages
References and administrative details of the Charity
Trustees, report
Independent Exa￿ne￿5 Report to the Trustees
Re￿Ipts and payments account
ststement of assets and liabilrties
Notes to the financial statements
9-17

Parish of Woodschapel, St John's & Gracefield
References and administrative details
Charity Name:
Parish of Woodschapel, St John's & Gracefield
Charity Registrats"on Number.
NIC104346
Contact Address..
140 Ballyronan Road
Magherafelt
Co Londondery
BT45 6HU
Northem I￿land
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
Mr Richard Gregg
Mrs Heather Ha￿Ome
Mrs Izette Hunter
Mr John Murray
Revd Ruth Murray
Mrs Rae Patterson
Mr Roy Patterson (Peoples, Glebe Warden)
Mr Richard Sheppard
Mr Vlfjlliam Watterson (Rectors Glebe Warden)
Principal Office4)earers
Clergy:
Honorary Treasurer..
Honorary Secretary..
Rector's Churchwarden:
Peoples, Churchwarden..
Reverend Ruth Murray
Ms Maggie Bryson
Mr Roy Patterson
Mrs Heather Hawthome
Mr Richard Gregg
Independent Auditor
David Lyttle + Co Ltd
15 Meeting Street
Magherafelt
Co Londonderry
BT45 6BN
Prlncipal Bankers
Danske Bank
Donegall Square West
Belfast
BT16JS

Parish of Woodschapel, St John's & Gracefield
Trustee8' Annual Report for the year ended 31 December 2023
ThÈ TrustÉes present thè annual report and statements of Rcccipts and Payments end Assets and Liabilities
for the Church for the year ended 31 December 2023.
Objectives and Activities
The charitable purpose of the Church of Ireland is the advancement of religion.
The principal function of the Parish of Vvoodschapel is to support the advancement of the Christian religion by
protTK)ting, through their work the 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 delivery of the benefits of Christianity.
As a result of activity in the pursuit of the adVance￿nI of the Christian religion, the Parish of Wrx)dschapel has
custody of property and of records, materials and artefacts of significance to the cultural and religious heritage
and maintenance of which is undertaken by the Select Vesty of the Parish of Woodschapel.
Achievements, Perforniance & Public Benefrt
This year has seen the relaxation of rules and regulations imposed by the global pandem￿. Weekly services
and some community athvits'es were provided.
Both churches and the hall were utilised Nmth cautbon. Health and Safety remains a priority.
We continued to keep in touch via post and email. We retained Zoom as a tool for engagement and training.
We continue to support some charitable organisations financially. Practically we provide others with donations
of food clothing and basic needs. We are a￿ayS conscious of our Safeguarding duties.
The Parish continues to give careful consideration to the Charity Commission for Northern Ireland's guidance
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 benefit.
Flnancial Review
The results for the year are set out on page 7, which the TrUSt￿S consider to be satisfactory.
The reserves of the Parish are held for the advancement of its charitable purpose, other than restricted
reserves which are held for a designated purpose- see note 15.
Going Concern
The Trustees have reviewed the budgets for the year ahead and are satisfied that there are adequate funds in
place to ensure that the Parish can continue its activits'es and the financial ststements for the year ended 31
December 2023 can be signed off as a going concem

Parish of Woodschapel, St John's & Gracefield
Trustees, Annual Report for the year ended 31 December 2023 (continued)
Structure, Govemance and ManagefnElIt
Governing Document and Constltutlon of the Charity
Chapter111 of the Constitution of the Church of Ireland govems Parishes and Parochial Organisation. The Select
Vestry members are the Charity Trustees.
Recrultmont and Appointment of Select Vesty (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 pansh or live elsewhere but have been accustomed
members of the congregation may register as members of the General Vestry of the parish. allowing them to
attend and vote at meetings of the General Vestry and to stand for election to the Select Vestry. 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. Select Vestry members may be re-elected
annually and there is no limFt on the number of terrr6 which may be se￿ed.
Organisational Strnctu
The Select Vesty takes resFonsibility for the managing of certain activities and decision making within the parish.
The Select Vestry consists of the rnember of the clergy serving in the parish, any curate assistant ("the curate"),
the churchwardens, the glebe wardens and generalty not more than twelve other members of the General Vestry
elected at the General Vestry Meeting.
The S8lecl Vestry is chaired by the incumbent or other member of the clergy officiab'ng in the parish. For most of
2023 our Rectorwas notwtth us due to illness. However the Rural Dean attended those meetings she was unable
to attend. Select Vestry members are responsible for making decisions on matters of general concern and
importance to the parish including deciding how parish funds 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 2023 the Select Vestry met 9 limes during
the year and the average attendan￿ was 63%.
Compliance with Public Benefft
The Parish has given careful consideration to the Chartty CommisS￿n for Northern Ireland's guidance on publi
benefft 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 benefit.
Statement of Trustees, Responsibilities
The Trustees are responsible for preparing the Trustees. ReFK)rt and the statement of receipts and payments and
statement of assets and liabilities in accordance with applicable law and regulations.
The law applicable to charities in Northem Ireland with Incon￿ of less than £250,000 requires the Trustees to
prepare a statement of receipts and payments and a ststement of assets and liabilities for each financial year.

Parish of Woodschapel, St John's & Gracefield
Trustees, Annual Report for the year ended 31 December 2023 (continued)
Statement of Trustees. Responsibilities (continuedl
The Trustees are responsible lor keeping accounting records that are sufficient to show and explain the Parish's
transactions and disclose with reasonable accuracy at any ts'me the assets and liabilities of the Parish. They are
also responsible for safeguarding the assets of the Pansh and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Signed on Behalf of the Trustees
Patterson
Trustee
Trustee
Date 19 NiuJL ZoZ*.

Parlsh of Woodschapel. St John's & Gracefield
Independent Examlnefs Report to the Trustees of Parfsh of Woodschapel
I report otb the aoxjunts of the Twst foi the year ended 31 December 2023, whiGh are set out on pages 2 to 17.
Respectfve responstbllltles of charlty trusteos and examlner
As the charity's Trustees. you are responsible forthe preparation of the accounts in accordance wrth the Charities
Act (Northern Ireland) 2008,
It is my responsibilty to:
. examine the accounts under section 65 of the Charities Act
• follow the procedures lald down in the general Directv)ns given by the Commission under section 65(9)(b) of
the Charities Act
• stats whether particular matters have come to my attention.
Basis of independent examlnef8 report
I have examined your charity accounts as required under section 65 of the Charities Act and nry examination was
carried out in accordance with the general Directions given by the Charity Commission for Northem I￿land under
section 65{9)(b) of the Charities Act
My examination Included a review of the accounting records kept by the charity and a comparison of the accounts
presented with those records. It also included consideration of any unusual items or d¢sclosures in the accounts,
and seeknng explanations from you as charity Trustees concerning any suGh matters.
My role is to state whether any material matters have come to my attention gr¥irg me cause to believe..
1. That accounting records were not kept in accordance wth section 63 of the Charitses Act
2. That the accounts do not accord viith those accounting records
3. That the accounts do not comply with the accounting requirements of the Charibe5 Act
4. That there is further inforniation needed for a proper understanding of the accounts to be reached.
Independent examlnerfs statement
I have completed my examination and hw4e no COn￿M$ in respect of the matters {1) to {4) listed above and. in
connection wth following the Directions of the Charty Commission for Northern Ireland, I have found no matters
that require drawing to your attention.
Stephen McGeagh BA Hons FCA CTA
for and on behalf of Davld Lyttle + Co Ltd
Chartered Accountants
Statutory Audltor8
Date: 19 Aoftsk £o£*.
1 S Mootlng Strèet
Magherafelt
Co Londonderry
BT45 68N

Parish of Woodschapel. St John's & Gracefield
Receipts and Payments Account for the year ended 31 December 2023
Unrestrlcted
Funds
2023
RÈstrlctÈd
Total
Total
Note
2023
2023
2022
Recei
Sustentation
Plate collection
Special Collections
Donations ft)r use of Hall
Building and Maintenance Fund
IncreaselDecrease in Valuation of Investments
Bank & Deposit interest
Investment income
Other receipts
Receipts regarding Parish Organisations
Revenue Grants
Total
50.377.64
380.20
50,377.64 48,981.91
380.20
250.98
7,045.12
5,144.99
675.00
450.00
14,415.00 13,768.48
713.22 (3,591.52)
229.38
253.97
1,717.63
1,655.93
18,781.56 17,290.86
491.00
446.37
2 110.00
94,825.75 86,761.97
7,045.12
675.00
14,415.00
713.22
223.36
1.577.32
15,930.69
6.02
140.31
2,850.87
491.00
69,877.43
24.948.32
ments
Diocesan Assessment
St John's Running Costs
Gracefield Running Costs
Hall Costs
Sunday School Costs
Rectory Costs
Administration Costs
Charitable Donations
Payments regarding Parish Organisations
Totsl Pa
men
49.092.45
1,325.87
753.03
415.39
1.093.90
826.46
18,278.29
2.645.00
49,092.45 46,981.13
12,428.91
7,281.40
2,416.92
2,221.83
2,185.14
2,401.03
1,093.90
995.00
12,131.46
3,711.47
21,308.20 20,282.88
9,690.12
8,034.89
355.83
408.01
110,702.93 92 317.64
11.103.04
1.663.89
1,769.75
10
11
12
13
14
11.305.00
3,029.91
7,045.12
355.83
36.272.54
74.430.39
Excess of Receipts over Payments for
the year before transfers
{4,552.96) {11,324.22) (15,877.18} {5,555.67)
Capltsl payments
Capital Grants received
Transfers
Excess of Receipts over Payments for
the year
14.552.96) (11,324.22) (15,877.18) 15,555.67)

Parish of Woodschapel, St John's & Gracefield
ststement of Assets & Liabilities as at 31 December 2023
UnrestTiCt Restricted
ed Funds
Funds
2023
2023
Totxl
Total
2023
2022
Funds Reconcillatlon
Bank and Cash at start of year
Net movement in funds
54,151.74
58,911.93 113,063.67 115,027.82
(5,266.18) (11,324.22) (16,590.40) (1.964.15)
Bank and Cash at end of year
15 48,885.56
47.587.71
96,473.27 113,063.67
Cash Funds
Current Accounts
DeF)OSit Accounts
Cash
Total Cash Funds
48,885.56
46.995.52
486.07
106.12
47.587.71
95.881.08 112,538.50
486.07
480.05
1(￿.12
45.12
96.473.27 113,063.67
48,885.56
Investment Assets
Equrty Investments
Investments in RCB I CIT Unit Trusts
Other investments
Totsl Investment Assets
14,565.90
35.163.07
14.565.90
35,163.07
14,565.90
35.163.07
16 49,728.97
49,728.97
49,728.97
Assets retsined for the Parish's own use
St John's Church
Gracefield Church
Woods Parish Hall
Rectory
Glebe land
Total Assets retsined for the Parish's own
use
105,838.34
175,232.38
252,809.94
340.000.00
117,000.00
105,838.34 105,838.34
175,232.38 175,232.38
252,809.94 252,809.94
340,000.00 340.000.00
117,000.00 117,000.00
17 990,880.66
990,880.66 990,880.66
Signed on Behalf of the Trustees
oy Patterson
Trustee
Trustee
Date
19 AardL Io

Parish of Woodschapel, St John's & Gracefield
Notes to the financlal statements for the year ended 31 December 2023
Actounting policies
Set out below are the principal accounting policies which have been adopted in the compilation of the Receipts
and Payments Account and the Statement of Assets and Liabilities
(a) Receipts and Payments Account
All items of income and expenditure included wtthin the Receipts and Payments Account have been
accounted for on a cash receipts basis.
(b) Statement of Assets and Liabilities
The Select Veslry has reviewed the basis on which it has prepared its accounts and in order that these are
prepared on a strict re￿iptS and payments basis it has eliminated from its ￿nd balances any fvnds which
are not held in bank or cash balan￿. Any other funds, whsch the congregation holds, in partscular
investments, are disclosed on the Statement of Assets & Liabilities.
(i) Assets retained for the Parish's own use
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 assets as defined by the Charities SORP
(FRS102). These Heritage assets are not included in the statement of assets and liabilrties as information
on the cost or valuation is not available and such inf0m￿tion cannot be obtained at a cost commensurate
with the benefit to the users of the accounts and to the parish.
The Parish Hall, Rectory and Glebe land has been recognised on values which the Select Vestry deem
to represent the estimated fair value of the propety at 1 January 2017. No depreciation has been
provided on this building as the current estimated residual value is not less than its carying value and
the remaining useful life currently exceeds 50 years.
ii) Investments
Fixed asset investments comprising investment properties. investments in equities {ordinary shares) and
investment in RCBICIT Unit Trusts are iniknally recorded at cost and are then subsequently stated at fair
value at each year end date. Investments in unquoted investments are recorded at cost and are assessed
annually for impairment.

Parish of Woodschapel, St John's & Gracefield
Notes to the flnanclal statements for the year ended 31 December 20231contlnued}
2. Special Gollections
Unrestricted Restricted
2023
2023
Total
2023
Total
2022
Donor
Air Ambulance
Ballyronan District Junlor LOL81
Bishops. Appeal
Bishops, Appeal (Hospice)
CMSI
ConfirMat￿n Service
Food Bank
LEMOS
Mission to Seafarers
MU Anniversary Service
MU Rural Deanery Service
The Grand Royal Arch Purple Chapter of
Ireland Benevolent Fund
Royal British Legion Poppy Day Appeal
TOTAL
1,033.50
298.20
1,310.59
314.20
290.26
83.00
378.90
511.10
312.24
312.24
221.00
2,232.45
381_50
2,232.45
381.50
573.65
730.60
598.70
573.65
730.60
598.70
2,184.92
2,184.92
343.30
7,045.12
343.30
7,045.12
392.00
5,457.23
3. Donations for Hall
Unrestricted Restrlcted
2023
2023
Total
2023
Total
2022
Donorllncome
Badminton Club
Bowling Club
DAERA
Mothers, Union
Rainbows & Brownies
TOTAL
50.00
150.00
75.00
300.00
100.00
675.00
50.00
150.00
75.00
300.(K)
100.00
675.00
50.00
150_00
250.00
450.00
4. Building and maintenance fund
Donor
Total
2022
Unrestricted Restricted Total
2023
2023
2023
Monthty Envelopes
TOTAL
14,415.00
14,415.00
13,768.48
14.415.00
14,415.00
13.768.48
10

Parish of Woodschapel. St John's & Gracefield
Notes to the financial statements for the year ended 31 December 2023 (continued)
S. Other receipts
UnrÈstricted Restricted
Total
2023
Total
2022
Donor
2023
2023
Conacre
Donations
Donation - Baptism
Donation Desertcreat for staging
Donation funeral tea
Energy SilPPOrt payments {3 X 600)
Gift Aid .
Gift aid repayment interest
Grave fees
Grazing Garden re Gra￿field
Magazine income
MU repayment
NIE wayleave
Refund internet charges
Sale of firewood
Various cheques for expenses uncashed
Wedding donations
TOTAL
1,960.00
1,960.00
1,960.00
50.00
100.00
50.00
50.00
1,800.00
9,093.35
162.22
2,600.00
50.00
1,800.00
11,794.22 12,106.08
162.22
2,600.00
2,700.87
1,500.00
10.00
377.25
276.00
49.93
21.60
490.00
65.12
65.12
200.00
200.00
150.00
150.00
300.00
18,781.56 17.290.86
15.930.69
2 850.87
. Gift Aid receipts related to amounts receiv&J in respect of donations for 2022. The amount of
£12,293.04 will be claimed for 2023 donations.
6. Recelpts regarding Parish Organisations
Unrestricted Restricted
2023
2023
Total
2023
Total
2022
Babes in the Woods
Badminton Club
Woods Bowling Club
Woods Youth Club
TOTAL
96.00
135.00
260.00
.00
135.00
260.00
140.00
305.00
1.37
446.37
491.00
491.00
7. Revenue Grants
Unrestricted Restricted
2023
2023
Total
2023
Total
2022
MUDC Jubilee Celebrations Grant
RCB Covid Support Grant
TOTAL
600.00
1,510.00
2 110.00

Parish of Woodschapel, St John's & Gracefield
Notes to the financial statements for the year ended 31 December 20231continued
8. St John's running ¢osts
Unre8tricted
2023
Re8tricted
2023
Total
2023
Total
2022
CCLI
Electricity
Graveyard tree cul down
Graveyard wall repairs
Guest preachers
Heating oil
Organ tuning & maintenance
Piano tuning
Heating repairs
Sundry expenses
Water rates
TOTAL
285.92
285.92
925.62
1.500.00
378.00
410.94
925.62
1.500.00
3,400.00
232.00
1.850.47
420.00
420.00
4.277.42
260.00
75.00
4,400.00
12.95
272.00
12,428.91
4.277.42
260.00
75.00
4,400.00
757.68
15.50
236.81
7,281.40
12.95
272.00
1 325.87
11.103.04
9. Gracefield runnlng costs
Unrestricted Restricted
2023
2023
Total
2023
Total
2022
Bible table
CCLI
Electricity
Heating oil
Sundry
Water rates
TOTAL
500.00
162.83
500.00
162.83
586.79
1,077.10
23.24
216.00
453.90
1,491.76
586.79
1,077.10
23.24
60.17
21.83
753.03
1663.89
2 416.92
10. Parish hall running costs
Unrestricted Restricted
2023
2023
Total
2023
Total
2022
Electricity
Emergency lighting inspection
Heating oil
Internet costs
Repairs
Sundry expenses
Water rates
TOTAL
674.04
674.04
415.81
72.00
1,095.55
405.88
75.60
31.10
305.09
2.401.03
1,095.71
1,095.71
138.15
138.15
277.24
415.39
277.24
2.185.14
1769.75
11. Re¢tory costs
Unrestrlcted Restricted
2023
2023
Total
2023
Total
2022
Dishwasher
Heating oil
Rates
Repairs
TOTAL
330.00
2,530.89
775.58
75.00
3,711.47
1.835.00
1,835.00
826.46
9,470.00
12.131.46
826.46
9,470.00
11,305.00
826.46
12

Parish of Woodschapel, St John's & Gracefield
Notes to the financial statements for the year ended 31 December 2023 (continued)
12. Admlnlstratlon costs
Unrestrfcted Restrfcted
2023
2023
Total
2023
Total
2022
Accountsncy
Annual reports
Bank fees
Caretaker
Catering Confirmation Service
Communion wine
Diocesan magazines
Donation Orritor Primary School
Entertainment licence
Fire consultsnts
Fire Safety ChecklAlarm tests
Gift to Rector
Gifts
Hoover
Hope MagazineslBookletslLiterature
Insurance
Jubilee expenses
Jubilee expenses funded MUDC
Lawn mowing costs
Lawn mower repairs & fuel
Lottery ￿nd expenditure
Mothering Sunday expenses
MU Anniversary Service expenses
Omega so￿are/updateSItrainIng
Organistslsingers
Photocopier costs
PPEldisinfectanUdispensers
Senior citvzens dinner
Stationery and postage
Sundry
Water rates - Brown's field
Parish Hall field hedge cutting
Weekty envelopes
Zoom annual fee
TOTAL
1.752.00
230.00
263.98
900.00
1.752.00
230.00
301.27
900.00
1,632.00
230.00
279.98
750.00
134.93
37.29
125.00
125.00
285.00
50.00
1.00
250.C(I
250.00
344.88
540.31
40.00
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
400.00
40.00
140.31
524.70
5.488.15
524.70
5,488.15
700.00
912.15
700.00
912.15
2,257.43
2.257.43
235.¢XI
358.lxt
2,225.00
2,259.34
235.00
358.00
2,225.00
2,259.34
275.00
1,845.00
2,269.06
95.00
120.12
789.78
127.54
97.82
120.12
789.78
127.54
97.82
223.17
91.00
91.75
800.00
585.83
569.14
143.88
143.88
21.308.20 20.282.88
585.83
143.88
18,278.29
3,029.91
13

Parish of Woodschapel, St John's & Gracefield
Notes to the flnanclal Ststements for the year ended 31 December 2023 Icontlnued)
13. Charltabl• donatlons
Unrnstrlctod
2023
Rastrlcted
2023
Total
2023
Total
2022
Action for Hearing Loss
Air Ambulance
Amagh Diocesan Board of Ministry
Armagh Diocesan Youth Grant
Ballyronan District Junior LOL81
Bishops. Appeal
Bishops, Appeal (Hospice)
Christian Aid
Church Amiy
Church of Ireland Board of EducatFon
Church of Ireland Board of Social Action
Church of Ireland Children's Min Group
Church of Ireland Ministry Among Jewish
People
Church of Ireland Widows and Orphans
CMSI
Crosslinks
Food bank
Gideons International
LEMOS
Mission to Seafarers
Mothers. Union (collection Anniversary servi￿)
Mothers, Union Overseas Fund
Open Doors
The Grand Royal Arch Purple Chapter of
Ireland Benevolent Fund
Royal British Legion Poppy Day Appeal
Royal National Institute for Blind
USPG
TOTAL
35.00
35.00
35.00
1,034.00
233.00
85.00
298.20
1.910.59
314.20
259.40
165.00
85.00
85.00
85.00
150.00
85.00
150.00
85.00
600.
2,232.45
381.50
2.832.45
381.50
165.00
85.00
85.00
165.00
85.00
85.00
35.00
35.00
500.00
165.00
100.00
100.00
35.00
35.00
500.00
165.00
100.00
100.00
573.65
815.60
598.70
35.00
35.00
790.26
165.00
378.90
100.00
511.10
397.24
573.65
730.60
598.70
85.00
221.00
165.00
165.00
165.00
2,184.92
343.30
2.184.92
343.30
35.00
220.00
9,690.12
392.00
35.00
220.00
8,034.89
35.00
220.00
2,645.00
7,IM5.12
14. Payments regardlng Parlsh
Organisations
Unrestrfcted Restrtcted
2023
2023
Totsl
2023
Total
2022
Badminton Club
Bowling Club
Youth Club
TOTAL
50.00
291.58
14.25
355.83
50.00
291.58
14.25
355.83
71.51
306.50
30.00
408.01
14

Parish of Woodschapel, St John's & Gracefield
Notes to the financial statements for the year ended 31 December 2023 (continued)
15. Movement in Funds
At1Jan
Incoming Outgoing Transfers At 31 Dec
2023 Resources Resources
2023
Restricted funds
Babes in the Woods
Badminton Club
Lottery Fund
RC8 Youth Grant
Bowling Club
Building and Maintenance Fund
Mcclure Memorial Fund
Youth Club
Special Collections
Other amounts forspecific
expenditure
96.00
1,572.11
2,738.16
575.50
426.19
40,347,86
486.07
1,345.82
1.487.11
4.879.88
575.50
457.77
49.671.55
480.05
1.360.07
135.00
150.00
50.00
2,291.72
260.00
17.115.87
6.02
291.58
26.439.56
14.25
7.045.12
7,045.12
140.31
140.31
58.911.93
24,948.32
36.272.54
47,587.71
Unrestricted funds
General Fund
54.151.74 69,164.21
74.430.39
48,885.56
54,151.74 69,164.21
74,430.39
48,885.56
Total funds
113,063.67 94,112.53 110,702.93
96,473.27
oses of Restricted Funds
-Building and maintenan￿ Fund". This is a fund to assist wrth the cost of maintaining and repair 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 Badminton Club.
Youth Club-. This is a fund for the use of the Youth Club.
- Mcclure Memorial Fund". This fund is for purchasing musical related rtems for the church
Lottery Fund - to be used for a variety of recreational activtties.
- RCB Priorities Fund - To be used for Youth Work within the Parish.
- Babes in the Woods- for the use of Toddler group
15

Parish of Woodschapel. St John's & Gracefield
Notes to the financial statements for the year ended 31 December 2023 (continued)
16. Invesunent Assets
& G Representsljve
Invesljnents
Church Body
TotAI
Opening valueat 1 Jan
2023
14.565.90
35.163.07
49.728.97
Changes in valuation
Additions
Disposals
(342.27)
1,055.49
713.22
Closing value at 31 Dec
2023
14.223.63
36,218.56
50.442.19
17. As8ets retsined for the Parlsh's u8e
Glebe larKI
Gracefield
Chur¢h
StJohn'
Woods
Church Parish Hall
Rectory
Totsl
Openlng cost at 1 Jan 2023
117.000.00
175.232.3B
105.838.34
252.809.94 340.IXIO.00 990.880.66
Addttions
Closing cost at 31 Dec 2023
117.000.00
175.232.38
105.838.34
252.809.94 340.000.00 990,880.66
16

Parish of Woodschapel, St John's & Gracefield
Not•s to tho flnanclal statom•nts for tho yoar ond•d 31 Doe0mbor 2023 {¢ontinuod)
18. Transactions with the Trustees
The parish paid exFenses of £2661.46 relating to the running costs of the glebe house whi¢h is ￿cUpied by the
rector. No trustee received any reMUnerat￿n dunng the year, other than Roy Patterson who was paid £700 as
an honorarium for grass cutting and his wife Doris Patterson £900 as an honorarium for her role as the Parish
caretaker. No other trustee or a person related to a trust* had any personal interest in any contract or transaction
entered into by the charity during the year.
29. Govemance Costs
Govemance costs of £500 were incurred during the year of which £500 relates to fees paid to the independent
examiner. Governan￿ costs are included within Administration costs in the Receipts and Payments Accounts.
17