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 2024
Charltles Number: NIC104346

Parish of Woodschapel, St John's & Gracefield
Annual ￿pOrt and financial statements for the year ended 31 December 2024
Contents
Pages
References and administrative details of the Charity
Trustees, report
Independent Examiner's Report to the Twstees
Receipts and payments account
Statement of assets and liabilities
Notes to the financial ststements
9-17

Parish of Woodschapel, St John's & Gracefield
References and administrative details
Charity Name..
Parish of Woodschapel, St John's & Gracefield
Charty Registration Number..
NIC104346
Contact Add￿5$..
140 Ballyronan Road
Magherafelt
Co Londonderry
BT45 6HU
Northern Ireland
Trustees
Mr Andrew Bates
Mr Trevor Bates
Mr William Brown
Ms Maggie Bryson
Mrs Karen Campbell
Mrs Anne Clarke
Mr George Clarke
Miss Dorothy Clarke
Mr Alan Derby
Mrs Lynda Galway
Mr Richard Gregg
Mrs Heather Hawthorne
Mrs Izette Hunter
Mrs Phyllis Hurl
Revd Ruth Murray (deceased 3013124)
Mrs Rae Patterson
Mr Roy Patterson (Peoples, Glebe Warden)
Mr Richard Sheppard
Mr William Watterson (Rector's Glebe Warden)
Prfnclpal Office-bearers
Clergy..
Reverend Ruth Murray (deceased 3013124)
Reverend Dr lain Jamieson
Ms Maggie Bryson
Mr Roy Patterson
Mrs Heather Hawthorne
Mr Richard Gregg
Honorary TreasU￿r..
Honorary Secretary:
Rector's Churchwarden..
Peoples, Churchwarden..
Independent Auditor
David Lyttle + Co Ltd
15 Meeting Street
Magherafelt
Co Londonderry
BT45 6BN
Principal Bankers
Danske Bank
Donegall Square West
Belfast
BT16JS

Parish of Woodschapel. St John's & Gracefield
Trustees, Annual Report for the year ended 31 December 2024
The Trustees present the annual report and statements of Receipts and Payments and Assets and Liabilities
for the Church for the year ended 31 December 2024.
Objectives and Activities
The charitable 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 the whole mission of the Church, pastoral, evangelical. social and ecurnenical.
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 benefrts of Christianity.
As a result of activity in the pursuit of the advancement of the Christian religion, the Parish of Woodschapel has
custody of property and of records, materials and artefacts of significance to the cultural and religious heritage
and maintenance of which 18 undertaken by the Select Vestry of the Parish of Woodschapel.
Achlevements, Performance & Publlc Benoflt
Weekly services and community activities were provided throughout the year
Both churches and the hall were utilised. We remain committed to Health and Safety regulations and our
Safeguarding responsibilities.
We continue to support some charitable organisations financially. Practically we provide others with donations
of food clothing and basic needs.
The Parish continues to give careful consideration to the Charity Commission for Northern Ireland's guidance
on public benefit to ensure that the actlvlties entered into during the year have helped to achieve the Parish,
objectives and activities, as well as providing public benefit.
Flnanclal Revlew
The results for the year are set out on page 7, which the Trustees 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 14.
Going Concern
The Trustees have revievrfed the budgets for the year ahead and are satisfied that there are adequate funds in
place to ensure that the Parish can continue its activities and the financial statements for the year ended 31
December 2024 can be signed off as a going concern.

Parish of Woodschapel, St John's & Gracefield
Trustses, Annual Report for the year ended 31 December 2024 (continued)
structure, Governance and Management
Goveming DoCun￿nt and Constitutlon ol the Charity
Chapter111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The Select
Vestry members are the Charity Trustees.
Recruitment and Appolntment of Select Vestry (Trustees)
All members ofthe 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 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 member8 may be re-elected
annually and there is no limit on the number of terms which may be seNed.
Organlsational Structure
The Select Vestry tskes responsibility for the managing of certain activities and decision making within the parish.
The Select Vestry consists of the member of the clergy serving in the parish, any curate assistant ("the curate.),
the churchwardens, the glebe wardens and generally not more than ￿e1ve other members ofthe General Vestry
elected at the General Vestry Meeting.
The Select Vestry is chaired by the incumbent or other member of the clergy officiating in the parish. Sadly our
Rector the Reverend Ruth Murray died in service on 30th March 2024.
The Rural Dean, the Reverend Dr lain Jamieson therefore attended and Chaired Select Vestry meetings after
this.
The Select Vestry is 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 Vestry meets at times fixed by the members or by the diocesan synod. Special meetings may be
convened at any time by the Chairperson orthe churchwardens. In 2024 the Select Vestry met 6 times during the
year with an average attendance of 86%.
Compliance wlth Publlc Beneflt
The Parish has considered 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.
Statement of Trust•es' Re8ponslbilitie8
The Trustees are responsiblefor preparing the Trustees, Report 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 Income of less than £250,000 requires the Trustees to
prepare a statement of ￿CeIptS and payments and a statement of assets and liabilities for each financial year.

Parish of Woodschapel, St John's & Gracefield
Tru5tees' Annual Report for the year end8d 31 December 2024 (continued)
Statem8nt of Trustees, Responsibillties (contlnued)
The Trustees are responsible for keeping accounting records that are sufficient to show and explain the Parish's
transactions and disclose with reasonable accuracy at any time the assets and liabilities of the Parish. They are
also responsible for safeguarding the assets of the Parish and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Signed on Behalf of the Trustees
H HavJthorde
Mr Roy Patterson
Tru8ts8
Mrs Heather Hawthomo
Trustee

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 2024, which are set out on pages 2 to 17.
Respective responsibilities of ¢harlty trust888 and 8xaminor
As the charity's Trustees, you are responsible for the preparation of the accounts in accordance with the Charities
Act (Northern Ireland) 2008.
It is my responsibilty to..
examine the accounts under section 65 of the Charities Act
follow the procedures 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.
Basls of Independent examinerf8 report
I have examined your charity accounts as required under section 65 ofthe Charities Act and my examination was
carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under
section 65(9){b} of the Charities Act.
My examination included a review ofthe accounting records kept by the charity and a comparison ofthe accounts
presented with Ihose records. It also included consideration of any unusual items or disclosures in the accounts,
and seeking explanations from you as charity Trustees concerning any such matters.
My role is to slate whether any material matters have come to my attentlon glving me cause to believe..
1. That accounting records were not kept in accordance with section 63 of the Charities Act
2. That the accounts do not accord with those accounling records
3. That the accounts do not comply with the accounting requirements of the Charities Act
4. That there is further information needed for a proper understanding of the accounts to be reached.
Ind•p•nd•nt examlnor's statemant
I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and. in
connection with following the Directions of the Charity 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 David Lyttle + Co Ltd
Chartered Accountants
statutory Auditors
16 Meetlng Street
Magherafelt
Co Londonderry
BT45 6BN

Parish of Woodschapel, St John's & Gracefield
Receipts and Paymants Account for the year ended 31 December 2024
Unrestricted
Funds
2024
Note
Restrl¢ted
Totsl
Total
2024
2024
2023
Recei
Sustentation
Plate collection
Special Collections
Donations for use of Hall
Building and Maintenance Fund
IncreaselDecrease in Valuation of Investments
Bank & Deposit interest
Investment income
Other receipts
Receipts regarding Parish Organisations
Totsl Recel ts
48,110.15
234.52
48,110.15
50,377.64
234.52
380.20
5,298.72
7,045.12
400.00
675.00
19,712.30
14,415.00
1,043.26
713.22
177.93
229.38
1,835.94
1,717.63
15,940.33
18,781.56
589.35
491.00
93,342.50 94,825.75
5,298.72
400.00
19,712.30
1,043.26
169.83
1,835.94
13,008.58
8.10
2,931.75
589.35
64,802.28 28,540.22
Diocesan Assessment
St John's Running Costs
Gra¢efield Running Costs
Hall Costs
Sunday School & Youth Work expenses
Rectory Costs
Administration Costs
Charitable Donations
Payments regarding Parish Organisations
Total Pa
men
37,508.65
1,197.55
3,365.58
407.52 20,286.47
850.50
3,001.78
1,564.82
866.40
18,736.46
2,670.00
37,508.65 49,092.45
4,563.13
12,428.91
20,693.99
2,416.92
3,852.28
2,185.14
1,564.82
1,093.90
3,441.40
12,131.46
22,090.20 21,308.20
7,856.52
9,690.12
826.25
355.83
102,397.24 110 702.93
10
2,575.00
3,353.74
5,186.52
826.25
63,801.90 38,596.34
12
13
Excess of Receipts over Payments for the
year before transfers
1 ,000.38 {10,055.121
{9,054.741 (1 S,877.18)
Capltsl payments
Capltsl Grants recelved
Transfers
Excess of Recelpts over Payments for the
year
1,000.38 110,055.12
19,054.74) (15,877.18)

Parish of Woodschapel, St John's & Gracefield
Ststement of Assèts & Liabilities as at 31 December 2024
Unrestricted Restricted
Funds
Funds
2024
2024
Total
Total
2024
2023
Funds Reconciliation
Bank and Cash at start of year
Net movement in funds
48,885.56 47,587.71
96,473.27
(42.88) (10,055.12) {10,098.00)
113,063.67
{16,590.40)
Bank and Cash at end of year
14
48,842.68 37,532.59
86,375.27
96,473.27
Cash Funds
Current Accounts
Deposit Accounts
Cash
Total Cash Funds
48,842.68 36,979.00
494.17
59.42
48,842.68 37,532.59
85,821.68
494.17
59.42
86,375.27
95,881.08
486.07
106.12
96,473.27
Investment Assots
Equity Investments
Investments in RCB I CIT Unit Trusts
Other investments
Totsl Investment Assets
14,594.44
36,891.01
14,594.44
36,891.01
14,223.63
36,218.56
15
51,485.45
51,485.45
60,442.19
Assets retalnod for the Parlsh's own use
St John's Church
Gracefield Church
Woods Parish Hall
Rectory
Glebe land
Total Assets retalnod for the Parfsh's own
u$8
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
990.880.66
105,838.34
175,232.38
252,809.94
340,000.00
117,000.00
990.880.66
16
Slgned on Bohalf of the Tru8t8es
k4 Ha bkorrLQ
Mr Roy Patterson
Trustee
Mrs Heather Hawthome
Trustee
Date
It141LI

Parish of Woodschapel, St John's & Gracefield
Notes to the financial statements for the year ended 31 December 2024
1. Accounting 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 within the Receipts and Payments Account have been
accounted for on a cash receipts basis.
(b} Statsment of Assets and Liabilities
The Select Vestry has reviewed the basis on which it has prepared its accounts and in order that these are
prepared on a strict receipts and payments basis it has eliminated from its fund balances any fvnds which
are not held in bank or cash balances. Any other funds, which the congregation holds, in particular
investments, are disclosed on the Ststement of Assets & Liabilities.
(l) Assets retalned for the Parlsh's own use
The assets of the Parish, retained for its own use comprise'.-
Church Buildings and Graveyards
Parish Hall
Rectory
Glebe land
The Church 8uildin9s and Graveyards are deemed to be Heritage assets as defined by the Charitie8
SORP (FRS1021. These Heritage assets are not included in the statement of assets and liabilities as
information on the cost or valuation is not available and such information cannot be obtained at a cost
commensurate wilh 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 property at 1 January 2017. No depreciation has been
provided on this building as the current estimated residual value is not less than its carrying value and
the remaining useful life currently exceeds 50 years.
Subsequent capital expenditure on these assets are recorded at cost.
11) Investments
Fixed asset investments comprising investment properties, investments in equities (ordinary shares) and
investment in RCBICIT Unit Trusts are initially recorded at cost and are then subsequently staled 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 2024 (continued)
2. Special collections
Unrestricted Restricted
2024
2024
Totsl
2024
Total
2023
Donor
Bishops, Appeal
Bishops, Appeal (Hospice)
Christian Aid
CMSI
LEMOS
Leprosy Mission
Mission to Seafarers
MU Anniversary Service
Imperial Grand Black Chapter of the British
Commonwealth
The Grand Royal Arch Purple Chapter of
Ireland Benevolent Fund
Royal British Legion Poppy Day Appeal
Zacchaeus Outreach Project
TOTAL
20.00
585.00
998.21
423.70
617.20
768.06
112.20
20.00
585.00
998.21
423.70
617.20
768.06
112.20
2,232.45
381.50
573.85
730.60
598.70
668.55
668.55
2,184.92
377.00
728.80
5 298.72
377.00
728.80
5 298.72
343.30
7 045.12
3. Donatlon8 for Hall
Unrestrlcted Restrlcted
2024
2024
Total
2024
Total
2023
Donorllncome
Badminton Club
Bowling Club
DAERA
Mothers, Union
Rainbows & Brownies
TOTAL
50.00
150.00
50.00
150.00
50.00
150.00
75.00
300.00
100.00
675.00
200.00
400.00
200.00
400.00
4. Bulldlng and malntenance fund
Donor
Unrostrlctod Restrlctsd
2024
2024
Total
2024
Total
2023
Monthly Envelopes
Coffee Morning
Donation - anon
In lieu of flowers - the late Reverend Ruth
in lieu of flowers- the late Mr H Wilson
Table Quiz
TOTAL
14,613.05
2,405.14
50.00
1,500.00
80.00
1,064.11
19 712.30
14,613.05 14,415.00
2,405.14
50.00
1,500.00
80.00
1,084.11
19 712.30 14415.00
10

Parish of Woodschapel. St John's & Gracefield
Notes to the financial Statements for th8 year ended 31 December 2024 (contlnued)
5. Other receipts
Unrestricted Restrlcted
2024
2024
Total
2024
Total
2023
Donor
Conacre
Donations - gravel for graves
Donation funeral tea
Donation from JOY Group
Donations Summer BBQ
Energy support payments {3 X 600)
Gift Aid '
Gift aid repayment interest
Grave fees
Grazing Garden re Gracefield
NIE wayleave
Sale of firewood
Sale of print Gracefield
Various cheque8 for expenses uncashed
TOTAL
1,960.00
196.00
1,960.00
259.00
1,960.00
63.00
50.00
113.50
210.00
113.50
210.00
1,800.00
11,929.29 11,794.22
255.58
162.22
1,000.00
2,600.00
10.00
67.96
9,060.54
255.58
1,000.00
10.00
67.96
2,868.75
65.12
200.00
30.00
105.00
13 008.58
30.00
105.00
150.00
16 940.33 18 781.56
2 931.75
Gift Aid receipts related to amounts received in respect of donations for 2023. The amount of
£11,654.55 will be claimed for 2024 donations.
6. R•celpt8 rngardlng Parlsh Organl8atlon8
Unrnstrlctod Restrfcted
2024
2024
Total
2024
Total
2023
Babes in the Woods
Badminton Club
Woods Bowling Club
TOTAL
94.50
174.85
320.00
589.35
94.50
174.85
320.00
589.35
96.00
135.00
260.00
491.00

Parish of Woodschapel, St John's & Gracefield
Notes to the financial statements for the year ended 31 December 2024 (continued)
7. St John's runnlng costs
Unrestricted Restricted
2024
2024
Total
2024
Totsl
2023
CCLI
Electricity
Graveyard tree cut down
Guest preachers
Heating oil
Organ tuning & maintenance
Piano tuning
Repairs
Repairs - graveyard
Sundry expenses
Water rates
TOTAL
612.36
612.36
939.50
285.92
925.62
1,500.00
420.00
4,277.42
260.00
75.00
4,400.00
939.50
1,685.67
1,685.67
260.00
75.00
174.68
565.73
33.90
12.95
216.29
272.00
4 $63.13 12,428.91
260.00
75.00
174.68
565.73
33.90
216.29
1197.55
3 365.58
8. Gracefield runnlng costs
Unrestrlcted Restricted
2024
2024
Total
2024
Total
2023
Architect's fees
Bible table
CCLI
Electricity
Heating oil
Painting Church
Preventative Fire Equipment
Sundry
Water rates
TOTAL
720.00
720.00
500.00
162.83
586.79
1,077.10
337.02
337.02
306.61
1,225.86
17,800.00
234.00
306.61
1,225.86
17,800.00
234.00
23.24
66.96
2 416.92
70.50
407.52
70.50
20 693.99
20 286.47
9. Parlsh hall runnlng costs
Unrestricted Restrlcted
2024
2024
Total
2024
Total
2023
Electricity
Heating oil
Internet costs
Repairs
Water rates
TOTAL
916.64
1,222.41
916.64
1,222.41
492.39
862.73
358.11
3 852.28
674.04
1,095.71
138.15
492.39
862.73
358.11
850.50
277.24
2 185.14
3,001.78
10. ReGtory costs
Unrestricted Restrlcted
2024
2024
Totsl
2024
Totsl
2023
Heating oil
Rales
Repairs
TOTAL
2,575.00
2,575.00
866.40
1,835.00
826.46
9,470.00
3 441.40 12,131.46
866.40
866.40
2,575.00
12

Parish of Woodschapel. St John's & Gracefield
Notes to the financial statements for tho year ended 31 December 20241¢ontinued}
11. Admlnlstratlon costs
Unrestrlcted R8Stricted
2024
2024
Total
2024
Total
2023
Accountancy
Annual reports
Bank fees
Caretaker
Communion wine
Entertainment licence
Fire consultants
Fire Safety ChecklAlarm tests
Funeral flowers- the late Reverend Ruth
Gift to Rector
Guest preachers
Gift to parish reader
Hope MagazineslBookletslLiterature
Insurance
Laptop repairs
Laptop
Lawn mowing costs
Lawn mower repairs & fuel
Lottery fund expenditure
Mothering Sunday expenses
MU Anniversary Service expenses
Omega sofvarelupdatesltraining
Organistslsingers
Out & About membership
Photocopier costs
Remembrance Day cards
Senior citizens dinner
Stationery and postage
Sundry
Vouchers (Gracefield harvest)
Water rates - Brown's field
Website SSL Certificate
Weekly envelopes
Zoom annual fee
TOTAL
1,800.00
285.00
227.43
900.00
1,800.00
285.00
260.45
900.00
1,752.00
230.00
301.27
900.00
125.00
33.02
50.00
50.00
150.00
650.04
168.48
150.00
650.04
250.00
344.88
168.48
540.31
160.00
350.00
89.20
5,744.42
99.00
425.00
700.00
655.05
160.00
350.00
89.20
5,744.42
99.00
425.00
700.00
655.05
2,520.68
42.00
524.70
5,488.15
700.00
912.15
2,257.43
2,520.68
42.00
235.00
358.00
2,225.00
375.00
3,025.00
30.00
2,493.15
9.98
375.00
3,025.00
30.00
2,493.15
9.98
2,259.34
120.12
789.78
127.54
40.00
97.82
209.25
209.25
118.00
102.95
30.75
646.80
118.00
102.95
30.75
646.80
585.83
143.88
22,090.20 21308.20
18 736.46
3 353.74
13

Parish of Woodschapel, St John's & Gracefield
Notes to the flnancial statements for the year ended 31 December 2024 (continued)
12. Charitable donations
Unrestricted Restricted
2024
2024
Total
2024
Totsl
2023
Action for Hearing Loss
Air Ambulance
Armagh DI0￿San Board of Ministy
Armagh Diocesan Youth Grant
Bishops, Appeal
Bishops, Appeal (Hospice)
Cancer Focus
Christian Aid
Church Army
Church of Ireland Board of Education
Church of Ireland Board of Social Action
Church of Ireland Ministry Among Jewish
People
Church of Ireland Wdows and Orphans
CMSI
Crosslinks
Food bank
Gideons International
Imperial Grand Black Chapter of the British
Commonwealth
LEMOS
Leprosy Mission
Mission to Seafarers
Mothers, Union (collection Anniversary service)
Open Ooors
The Grand Royal Arch Purple Chapter of
Ireland Benevolent Fund
Royal Brrtish Legion Poppy Day Appeal
Royal National Institute for Blind
USPG
Za¢chaeus Outreach Project
TOTAL
50.00
100.00
150.00
150.00
600.00
50.00
100.00
150.00
150.00
600.00
585.00
100.00
1,018.21
200.00
35.00
150.00
85.00
2,832.45
381.50
585.00
100.00
1,018.21
200.00
165.00
85.00
85.00
35.00
35.00
35.00
35.00
500.00
165.00
100.00
100.00
500.00
165.00
423.70
923.70
165.00
100.00
100.00
668.55
617.20
768.06
668.55
617.20
768.06
85.00
573.65
85.00
815.60
598.70
165.00
165.00
165.00
2,184.92
343.30
35.00
220.00
377.00
377.00
50.00
220.00
728.80
7 856.52
50.00
220.00
728.80
5 186.52
2 670.00
9 690.12
13. Payments regarding Parish
Oryanisations
Unrestricted Restricted
2024
2024
Total
2024
Total
2023
Badminton Club
Bowling Club
Youth Club
TOTAL
67.50
339.47
419.28
826.25
67.50
339.47
419.28
826.25
50.00
291.58
14.25
355.83
14

Parish of Woodschapel. St John's & Gracefield
Notes to the financial statements for the year ended 31 December 2024 (continued)
14. Movement in Funds
At1Jan
Incoming Outgoing Transfers At 31 Dec
2024 R8sourc8s Re8ourc&s
2024
Restrlcted funds
8abes in the Woods
Badminton Club
Lottery Fund
RCB Youth Grant
Bowling Club
Building and Maintenance Fund
Mcclure Memorial Fund
Youth Fund
Special Collections
96.00
1,572.11
2,738.16
575.50
426.19
320.00
40,347.86 22,644.05
486.07
8.10
1,345.82
94.50
174.85
190.50
1,679.46
184.46
67.50
2,553.70
(575.50)
339.47
30,028.87
406.72
32,963.04
494.17
1,502.04
112.20
37,532.59
419.28
5,298.72
5,186.52
28,540.22 38,595.34
575.50
47,587.71
Unrestrlctsd funds
General Fund
48,885.56 63,759.02 63,801.90
48,842.68
48,885.56 63,759.02 63,801.90
48,842.68
Total funds
96,473.27 92,299.24 102,397.24
86,375.27
Pur
oses of Restricted Funds
Building and maintenan￿ Fund: This is a fund to assist with the cost of maintaining and repair ofthe
Parish Buildings.
Bowling Club.. This is a fund for the use of the Bowling Club.
Badminton Club.. This is a fund for the use ofthe Badminton Club.
Youth Fund.. This is a fund for projects involving young people.
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.
Babes in the Woods - for the use of Toddler group
15

Parish of Woodschapel. St John's & Gracefield
Notes to the financlal statements for the year ended 31 December 2024 (continued)
15. Invostrnent A88¢ts
M & G R•prgsentstive
Invgstsnents
Church Body
Total
Opening value at 1 Jan
2024
14,223.63
36,218.56
SO,442.19
Changes in valuation
Ad¢Jitions
Disposals
370.81
672.45
1,043.26
C108ing value at 31 D•c
2024
14,594.44
36.891.01
61 N85.45
18. A88ets rotalngd for tho Parlsh'8 own use
Gl•b& land
Gra¢•fi•ld
Church
St John's
Wood8
Church Parish Hall
Roctory
Total
Oponing cost at 1 Jan 2024
117,000.00
175,232.38 106,838.34
252,809.94
340,000.1)0 990,880.66
Addlllons
Closing co•t at 31 Dec 2024
117,000.00
175,232.38
105,838.34
262,809.94
340,000.00
990,880.66
16

Parish of Woodschapel, St John's & Gracefield
Notes to the financial statements for the year ended 31 December 2024 (continued)
17. Transactions with the Truste8s
The parish paid expenses of £3,441.40 relating to the running costs of the glebe house which was o¢cupied by
the late rector's family. No trustee received any remuneration during 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 trustee had any personal interest in any contract
or transaction entered into by the charity during the year.
18. Governanc8 Costs
Governance costs of £500 were incurred during the year of which £500 relates to fees paid to the independent
examiner. Governance costs are included within Administration costs in the Receipts and Payments Accounts.
17