T. Mark?s Parfsh. Church Portadown
Annual Report and Flnanclal Statements
For the year ended 31° December 2024
Chgrltles Nuwber: NIC 104635

Contents
Pag¢s
Genergl Infornigdon
Trustee5' report
&6
Independent Eximlnera Report
Recelpts And Payments Aecoubt
Statement of A¥80ts and Llabllilieg
Notes to the Accoullts
10-12

Genernl Informatlon
Charity Name:
. SL Mark's Parlsh Chur¢h Pixtadown
Charity REgistrntion Number:
.NJCJ046i5
Conta¢t Addre55:
The Churoh Office
Fergus Hall
Chuteh street
Portadown
BT62 3LN
Th￿tee5
Mr5 A Kennedy. Mr W Qtsinn. Mr D Brown, Mrs F Wi130n. Mr H Slmp30n, Mr K MvGuinness. Mr K
Thompson. Mr P Walker. MT R Henry, Mrs S Dougjas. Mr S Topl¢yi Mr S Guy* Mr T Flannagan, Mr
T Mccollum. Mrs V Coulter. Ms S Leeman
Principal Office-beareT5
Clergy:
Church Treasurer:
Chuich Secretary:
Chur¢h Watden:
Church Warden:
Rev William Orr
Mrs.Anne Konn¢dy
Ms S Le¢man
Mr& Francxs Wllson
Mr Kelth Thompson
lttdependtnt Ex#ffiirter
S D Brown
S D BNJVM and Comparty
Chartered Certified Accountsnt
25-27 Edward Street
Portadown
BT62 3NE
Banker3
Dans]ce Bank
4548 High Street
Portfrtlown.
BT62 ILB

Trustee8 Report
Year Ended 311)eeember 1024
The trustees present the Ahnual Report and'ststement of Finanoi41 Activities for St Mgrk's Parish
Church, Portadown for theycar ¢nded 31 Der¢mbeT 2024.
ObJe¢tlve5 and Actlvitits
The rharilable purpos¢ Of The Chulth of Ireland ig th¢ advancement of religlon. The prlncRpal
nction of St Mark's Parish churc￿ Portadown is to $upp)rt the advancemenl of the Christian
rellgion by promoting through its work.the whole mission of the church; pttstotal, Bvang¢listi4 soci￿.
and ecumenicRI. Belng open to and engaging with society as a whole and offering support for those
needing help are fundamental io th¢ pract1￿1 d¢llvery of tbe benefits ofchrfstianity.
As a result of this activity in the pursult of the advancemenl Df the Christian r¢ligion, St MaTk's Parish
Church. Portadown hos ¢ustody ofprop¢ty and or￿cOrdS. materials, and artefacts of significanve to
the cultural and Teligious heritage; th¢ maintenance of which ts UDdertak¢n by St Mark?
s Parisli
Church, Portadown.
A¢hlevements, PorfornAnee A Thd Publlc Benefit
St Mark's Portadown oontinue to prolnote an effective community programme. with cvents held
durin8 .Holy Week and likewise during the Christmas p&iod resulting in a Steady Incre&8e in
partlcip&tion levels at church events 8nd public worship.
Flnanee
The Select Vestry) wlth the genero￿ SUPPOrt of the parishioners contittue to scck to estsblish 8
sustainable financial future for the parish. An increasing number of parish1one￿ are making us¢ of
el¢ctroni¢ banking SErvice¥ to fa¢ilitste their freewill otT•rAn88.
Managin8 finan￿ and mainlalnin8 thur¢h property are part of the major responsibilities of the Select
Vesty. Connectivity in the church ¢ontiTrucS to bc improveAI to provide morornliable online miaistry.
Golng Concern
The trustees have r¢viewed the budgets for the yeat ohead and are satlsfled that there arc adequate
funds in plaoe to ensure that the Parish can continue Its activiti￿ and the financtal statements for the
year ended 31 December 2024 oan be si8ned off as & 8oin8 concern.

Strutthr& Governance and Mattagomttst
Chaplff 11.1. of the Constilthtlon of the Churoh of Irel8nd govems.Parishes and Parochial orEani￿l0n. The
Select VeBty members llre the Cl)arity Trustee5.
All of the Church of Ireland who 8rc over'thea8cof18 and .eithcr Te5ident within the parish or live
Is¢where bui have bctn accustomed m¢mbeTS of the congre841ion for at le&8l three month4 m8y regis*r as
rnembeE5 oflhe gMernl"*¢5try Df the par18￿ 071owirtg them ￿ attcnd ènd vote ttt meatings of thc seneral v
.and stand for elettlion lo (he selc¢t'vesty. Meefings ol the Bcnwal ve81ry Ure held 8t It&st once a year. ThB
Sele(*Vestty Is elected os. part of thi5 Gcneral Vestry tn¢¥tin8. The Select Vestry will hold their positlons for a
iod of on¢ year, Selett Vcsty mcMber8 may bvTrelerted annually and ther¢18'no Ilmlt on Ihcnum￿0f
terrns whlch rn4y b¢ served.
PAY and Remuneratio
The Rector of SL Mark's Porish receive a *i'ip¢nd whlch Is paid. by the Parlsh, In d￿rdAnce with figures
aFproved by the General Synod of the Church of Ireland (Gsa). Detaits of otTice and locomotory allowanees
are 41scfvAPPtoved by GSCI. The actu81 payments mqde by St ma￿,8 Parlsh towuds Stipends are calculated by
the Strlpends Comrnitt¢p of Arnia8h DloL¥s¢ bJs¢d on the size of thethurch memb¢rthjp.
'OrgAnhAtlonal Stru¢tvr¢
The Selec( Vestry Is ￿￿nSIbl¢ for Ihe doy lo day manag￿lle￿it ofihe pHrish. The Stlect Vestry
consi$ls Df the member of'the cl¢rgy servlng in ihe yarish. any cur8te asslstance ('%he C￿rate
churchwatdens. tho gl¢bc wardcns and g¢n¢rally not more than ￿e1ve other membws of thcseneral
ve5ty e1cc1￿ at fhè Annual G￿¢r81 Vesty.
The Seltct Vesty is ohaired by Ihe recttsr or ollier mmberot'tha cler8y offlolating in th¢ pfjAsh.
Selocf Vesty.membcry are responslble for making de¢lslohs on matters ofg¢neral conc¢rn atxl
importane¢ to the pArlsh In¢ludln8 decldlng how parfsh OJnds are to be opplled.
Anoihcr Impoffant aspect of thc work of the veslry18 to ensure coMp11anee with Stato bnd ehur¢h
leBisl8ilon Bnd any rules £nd ￿guI&Ll01]S Impo8eii by Arniagh Diorzsen Synod. They ar801$0
responsible for th* proper conduct ofall church a¢tlvltlo8 and that tJ?ey comply wlih t&¢ n
S&fe8uording (luld¢lines drAwn up by the Chur¢lt of Iroland In 2Qlil. Adult Safe8u8rdin8 8uldeliiie5
have also been Intraduced in 201 %. The vc3try makes an annual de¢lerntlon tts the diocese thai
S￿¢$U￿rdIng Gulde Ilnes ar¢ b¢lnB followed and to en¥ure compllance tralnln8 Is arranged gach year.
A Seleot V¢5ty H&ndbook Is 4v4ilobl
The Sélrct V¢sty mel re8ularly durin8 the year to conslder tt ran8e off important15su￿ r¢levant to
many aspe¢ts tif chU￿h life, Thc dtsues and responslblllties ofthc Sel￿t vcsty are detslled In th¢
nstltutk)n oftlye Church of Irelond ahd include managing the parish finanoewand the employmentor
the.IAy people such as th¢ Parlsh Administrator. 0tr8atil8¢ Sexton, Cleaner. FurthemM)r4 the vtstry
prnvidcs the Infrnstruethre'whieh 9UPPOrts worship and mlnlstry thd'looks after tho ihtorior and
xterlor ofthc ¢hureh, rectory, ¢urales' house4 PAriJchlal H811 and Forgus Flall.

CompliAne* wi¢h Publlc Benefit
The P￿ish has given careful consideration to th¢ Charity Commi85ion for Northern Irel8nd>s guidonce on publio
benefit to ensure thatthe activities entered lrtlo dutiD8 the yeRr have'helpcd to.achiev&th¢ Parish's objeotiv¢s
and activitÉ(4 as well as providin8 public bcnefiL
StAtMi¢nt of Trustees, R¢spoD51bUltle$
Th¢ ¢N51e¢s are.re4ponsible ftir pr¢p￿Ing the Trust¢es' Rep)rt the Statement of Financial Aolivities and
statemenl ofA5$ets and liabilil'&8 in accordanoe wlth app]i￿ble14W qnd regulations.
The trt$tees are responsible for ke¢plng Actounting records that.oye 3ufflclent to show and explain lh2 Pkn-sh's
(ran￿¢tIOnS llnd di$c108e wlth reasonable A¢¢uracy at any tlmeih¢ assets liabilities of theParish. Th"ey are
Iso rcsp)n$ible for safeBuardln8 tlkc asscts orth¢ Parlsh and hEnce for tskln8 r¢a8onAbl¢ Sl¢p$ for'th¢
PfEvention and detoctiort offr￿d and ot'h¢r Irregularities.
Si8ncdon Behalf of the Trustees
Thisttt I
Truste¢ 2
DALe 24th Muroh 2025

Independettt¢xAminer's report to the eharlty trustees of St. M8rk'$ Parish Church. Port8doiYn.
I report onthe &¢¢ounts of the Charity for thc yw ended 3 IStDer£rnbcr 2024, which are sel out on
pages 4 to 16.
Respectlve rejponslbllltles of ¢h#rlty trustees and examinor
As the Gharity's truste&s you are responsible for the prepaTatlon of the &ccounts in accordance with the
Charities Act (Northern Ireland) 2008.
It Is my respotts'ibillty to..
Examine the accounts under section 65 of ihe Charities Act
Follow tlie proccdures laid down in fhe general directions xiven by the Comrnission undor
sectioii 65(9)(b) of the CFwities A¢t
Etata whother particular mattets have¢onw to my attention.
Bi$l& of Independ¢nt examlner's rnport
I have examined your charity accounts as requlred under Sectlon 65 of the Charlties Act and my
examihation wa5 carried out in ￿CordanCe wlth the general direction5 give by the Charity
Ccimmlsslon for Northen) Ireland under se¢tlun 65{9)(b) ofthe Charlties A¢t,
My examination included a review of the ￿ounting records kept by the charlty and a comparlson of
the accourtts pr¢sented with those Teconls. 11 ￿50 ihcludrd ￿nsideration of any unusual items or
disclosurej In the a¢￿unts. and seeklng explanAtions from you as oharity trust¢es concernlng any
such matters.
My role is to state whether any material matters have come to my att¢ntloft 8ivin8 me cause to
btliavt;
l. That attountlng records V￿re ThDt kept in accordance wlth sectlon 63 of the Charities Act
2. That the aetounts do not accord with those a¢¢ountlng reGord5
3. Thal th¢ accounts do not comply wlth the a￿￿ntIM8 tcquircments. of the Chariti'es A
4. That there is furth¢r inforniatlon needed for a proper understanding of the accounts tt) be
reache
lrtdep¢hdent ¢xamlDer's ststsm¢nt
I have cotnpleted my cxamination and havo no concerns in respect of the matfers (l) to (4) lijted
abov? and, Itt oonnection with following the Directions of the Chatity Comnlission for Northern
IRland. I hay
found no that requirn drawing to your attentlon.
Name:
S.D. Brown
For &D. Brown And Company
Relevant profeyslon•l'quallflrAtlon or body: Chartered Certified Accountsnt
Addrtss:
2527 Edwgrd Streét Portadown BT62 3NE
Date:

St. M4r
rl$h C
rtb Portadow
e5tri
dowm
In¢ome
Donation5 Plate
Col]￿lIOnS
Proceeils.from fund rai41ng
eY¢nts
Bank and deposlts Interert
Rentsl Proo¢eds
Le8ocie5
Collection for Thinl Pa￿e8
Othtr Receipts
Receipts from Parlsh
or88nisations
192,176
242ll
216.387
183,936
2.405
2.405
1098
4801
2,5(K)
1.4.9
4,950
2.500
575
3,818
39,009
9,231
485
7.549
5,000
5,759
,254
11.302
575
3,818
18.640
9,251
14J69
216,251
56.644
272,895
223,883
Expenditure
Wages artd 3al4rie8.
Diocesan Costs
IA35è5sment
(Thuroh Runnlng CosL3
Rectory Runnln8 Costs
Investmeni Propaty CoJL8
Admin Costs
Ch&ritabl¢ G￿￿n*t11)n$
Payrnenl$ for parljh
or8bni$8tio
46.Q99
84.115
46,099
84.115
45,321
79,830
57,402
1395
796
2l.63l
4,018
74,174
4,124
151.576
6,519
51,881
5,731
1,375
19,625
9.313
12,888
21,631
JD,677
9,482
6,659
9,482
216,456
94,439
(205) (37,795>
(23,432)
23,432
310,895
(38.OL)D)
225,970
(2,087)
Net Income(Ewdliure)
Trknsfer8 b￿ween Ibnds
Transferred to St. Mwk3'
Holdin85 Ll
(Piminulionyin¢reese value
of InvestIne￿I
Surylug(DeflcitV for yRar
TOMI Funds brou8ht
forward
Total Fvnds CArried
Forward
14
(1,814,948)
io
302
302
.16.271
1750.548
3,461,0511
600,182 1,094,05?
1,7IO,510
576,545 1,16&369
16.573
1.76L487
I,710￿11)

St. MArk's.Church Portadown
ia
2024
Note
Z024
2023
Flxed Assets
Tangible Flxed Assets
Investments
Tolal Flx¢d.A8J¢ts
397,953
1146 275
1544.228
397,953
98
1455,251
10
Ctsrrettt Assets
D¢btot5- Gift Aid
Prepaymwit-In$uraxce
Loan to St Marks Holdxtigs.Ltd
Cash and tosli equivalents
Total Current Assets
Creditors-.amourtts falllng due within
one yegt
N¢t Currcnt Assets
T0141 Assets less cumt liabilities
Credltors amounts falllng duc aftor l year
Total Net Assets
27.835
10,257
5,841
l79 371
223 304
(6,045J
24,607
9,743
18,000
209 120
12
{6211)
217 259
1,761,487
255
59
1.710.510
l 761487
1710510
Th¢ Funds of thc Parlsh
UnresttictedFund5
Restri¢ted Ftshds
Ehdowment Funds
Totsl Charity Funds
576,545
1,168.369
600,182
1,094,057
13
1761487
710 510
The notss on pages I I to 21 are an integral part of thtse financial 5t&tements.
The finah¢lal 81&teth¢nts on pa8¢5 4 to 1.0 were approved by th¢ Board of Tru8tee4 on 24 March 2025
and slghed its behalfby".
Trustee 2
SE(AÉT

MxrJi¥5 P&rlsh Cliurc.h PDrtadowh
Notes to tlie l&1 ststements for thè
eAr eDdEd 3
mb 2024
AetDundng polloles
Tbe prineipmf ￿C￿u￿tIng rx]li¢ies odopted* judgements ond.keythrces of utlm4lion unccrtalnty in the
prepnration of the financiai statements are as follows:
A). B**ls of Preparitlom
The financlal sttttements have b￿n prtpared on a goln8 con¢J¢rn basis irt a¢¢ordonce ivith Ac¢ountlng and
Rew)rtilJ8 by Ch8ritles', Statertyent of Rerommendd Practice opplicAbleto chariti￿ preparing thtirtttounts in
accord8ncc wlth the Finanolal ReporliiJ8 StaDdard opplic4ble in th¢ UK and Republlc of ireland (FRS 102)-
(Chorlties SOIIP (FRS 102).
The Parish.meet8 the deflnitlon of a publlc bencfitentlty under FR8 102. A8%ets and liabilities arc initi4lly
reco8hized at historical cost and tranS￿l0n value unless otherwlse $tytcd In the ￿leVant accoLtrniikng policy
note(8).
bk P.rep*rAtlon of a¢eounts on i g(*lng 420lltorh bffs1¥
The Porish genernlly meeL8 Its day'to day working capltal rquircm¢nls from Its annuol Inoom& Tre Trustee5
have obtained and rLviewed ¢4sh flow foree84s for the c4)min8 yeap knd bllsed QD Ihcse ot¢ 8ai15fi&Y thfLI the
1)orfsh hos resources to provldt..d re¥L$unabl¢ ¢xpEcthtion that it cun ¢ontlnue to'meet Its tlnarteiAI obligations 95
they fall due for the ft*r¢seeobl¢ futur¢. The￿rore the80 financlal Jtalements havc been pr¢pared ¢)n a 80ing
conocrn bas18.
em In¢ome
Pl4le.Colle¢tEons And We¢kly bnvelopesj de￿￿n￿d for on 8 cuh r¢celpts busis.as the amounl ia colle0￿.
Incom¢.orisln8 from th¢ rent￿ of Pari8h Centr¢ f&¢lliil¢s lo thlrd partics Ix r¢co8nized when th¢ porish h&8
enili1em￿t lo the fund4'Hlly perfomiance conditions atts¢hedtC¢' thv iljcome hv6ve b¢en Me4 It 18 probable that
the income will be recelved and the amount cmn be m20sur￿ rellably.
Ineonre from 8ovemment and other8r&nts. whether kapltsl. Biants oP'rcvenue' 8rants.18 re¢osnized when the
charity hlls entitlement ￿ Ih¢.fund8, any ptrforn)ance condltlons attaqhed lo the 8rant5 have been meL it. is
probabl¢ that the in¢ome wlll b¢. reoeiv¢d and the amount can be measured reli8bly•nd Is Dol deferred.
Le8aci¢5 ure In¢luded wlth ￿n¢￿ie und¢r clthw unrestricttd or re4trJeled funds #c￿r￿1￿ to the teTms under
which the donation Is moae Ind whert th¢ 8mouht be quantified wilh.Teasonab16 certdnty. Donatlon5 and
Bifls in kittd are brought into the accounts at their falr value lo the Farlsh.
d). Eipendltsre
ExperKliiure is reco8niztd on¢¢ there Is a1¢8pI or oonytruellve obli¥Htion (o makt & payment tp a third paty, it is
probableihdL8¢tll¢m¢nt will b¢.requlr¢d and.the &mounl of th¢ oblig8lion c&n be measured reli&bly.
Irreoovwable VAT i5 ¢har8ed.as &¢ost agalngt the aetivity for which the pxpendltur¢ wo5 incurred.
¢). T*rtElble issets
The of theParish comprlje:.
Chur¢h Buildin8
FIX￿r¢S and fittinBS
Rectory
The Chureh Btsildih&18 d￿n￿l to be Heritixe ￿Sets #s detln¢d by the Charlti&¢8ORP IPRS102)
14erilage 85sets arc not included on'the b8lahee sheet ￿ ittforni￿l0ll on the c05t orV￿U9ts0n lsnot
available and such.inforni8tiory wnot be obtained at a ￿81 wmmensurate wtth the benefit to the users of the
counts and to t]ie parish.
io

St. M&rft'i Parljh Churnh,. Portadown
Notes to the finAn¢l*l Statements for the year ended Dec¢mbtr 2024 (¢ontlnued)
l). A¢countI￿g pollcles.(continued)
Parish Halls. Re¢tory, Curatages gnd Scout Hall
The above ￿Sets arc stated at a vaFuatiOh. A profugionat valuallon was carried out in 2017 aj &r65uIt
of an insurance a&qet and.risk survey.
No depreelatiOA has been pri)vided on bulldings as the ¢urnt estlrnated r¢4idu41 value 15 nol less
than its wryln8 valuvwKI the remalnlng like currently exceeds 50 yeats.
InYe8tments
Fixed assrts Investments wmprising investment pn)p¢rtlc4 inVOlm#nl8 In eqvilie5 and Investment in RCBICIT
Unit Trusts.are inltl&lly r•￿rd¢d at cost ond are theh sUbseq￿￿t.1Y 5tstcd at fair vglu¢ At wh bAlan￿ 3heei dite.
Inv¢sln)¢nls In unquoted InV￿MentS Ère r￿orded at cost and are ￿8¢d annually fotr Imwliment. Unrcallsed
.Balns and losses r¢presettt the dlfferencebtiween th6 fairwaluv 8Lth¢ beginnlng and end af financlal year or,
If purchased In th¢ year. th¢ dlff¢rcnco bctw¢￿ cort ond fAir value&t th¢ ¢nd ofth•'yeAr. Redlised gains and
Io&wr¢prcscntJhe.differenee belwccn Ihe.proceeds on dtsposal and the fafr value at thè start of th¢ yeor or cosl
If purchased.in the year, Both Tulised and ￿n[Call￿ed galns and losses in inv.e$iments 8re reported within rye¢
GaIn￿(LossI8) on Investm¢nts" iylthln the Statement of Financlal Aclivllleg.
K). Ci'sli 4nd •qulYalents
Coah and ¢a8h qulvalents includ¢8 in h4n4 deposlts held ￿ ￿11 with banks, oth¢r 5hort-temi hikhly li4uld
invègtments with orlginal maturitiès of three months or less b8nk (wcrdrafts. Bank overdrafts are showTr.
bl, Flnanelal I￿trUMents
The Parlsh onlyh&¥ financlal Lysets and finoncla! ligbilltles of a kind that qualify lls baslc tlnattci41 Instrumcnts.
Ba$1¢ finAnclal Instrum¢nts arc Inliially rcco8nl2¢d 01 tran&o¢tion. prlc¢ llnd sub8Rquently measurlrf at thelr
settl¢ment. valu¢.
Funds are el¥slfl¢d elther restrl¢ted fjJnd$ or unr£8trl¢led funds. defined u follows.
Restrlekd funds llrc ￿nd8 subjeollo 8pe¢lfio rwulrem4rynts as ttsth¢lr use whleh May bé de¢lAred by the donoror
wlth Ihelr &uthotlty Or or¢altd.throu8h l¢gal PJf*ce55r3, but81111 viithin the wlder objoots of the Parlth.
EJMlt)wmeht fund.i are fonds whlch kAve been 8iven on the condillon thE orisinol L4pil41 sum is not reduced,
bul the jneome there.from15. used for th¢ PU￿0#&dorIned In a¢LThlanee With thc objects ofthe por15h.

SL Mark's PArtsh Church. Portidown
Note to the Financial StateDJonts for the year en4¢d 31. Dttember 2024 (contlnued)
Unrestricted ￿ndS art expendable at the dlscretion of the trustees in furthernncè of the obiKts of the
harity. If parts of the unrestricted funds are carniatked at the dis¢retion. of the trustees for a particular
purpose, they are designated as a Jeparatc fund. This deslgnation an athninistrative Purpose only
aiid does notleS￿lY restnrtth¢.tn￿ces, discretLon to apply the fiJn4.
2. Critlral Aeeovntlng Judgmont& #nd e8thnatlott ullc¢rtalnty
timates and judwcnts made in'the process of preparing the financial statements Arc continually
evaluated and are base(l on historical experien￿ and Dther factors, inoludin8 expectations of future
evenl&that ate believed to be reasohable under the clr¢umstances. The Trustees do.not consider that
there 8r¢ any critical Judgments mad¢ In applylng the Parish's accounting policiu or that there are arty
crilicai ac£ountibg estimates or assumolons which Inay have a Significant ri$k.of ¢ausin8 a.material
84iustTn¢nt to 0￿y1n8 amounts ofwsets and liabili¢i¢5 withln the next financ1￿ year.
Don4tloDg wnd Plote CollectiOJL¥
estrlct
men
202
Donatlons
GiVin￿cOlleCtI{)n5
OiftATd
162.7.15
24,211
186.926
762J64
192.176
24,211
216,387
L83,936
Otber R•celpts
Bible Noles
NIB RentsLI
Room Ffire
BenevOl￿t Fund Nr*lpts
RCB GrAni
Or8ftts
Insurancemonles
693
1,889
970
8,177
1,000
1,640
693
1,8&9
970
,177
1.000
11,39
695
1,889
360
5,1.64
146
9,750
14,369
18.64D
J4
12

St
'.8PAri
Fl Anclxl
rch Portadrlwn
tAtem
rch
UTh￿1￿
Unregtrloted
.Fund5
Rtstrlrted
Funds
24
ndf•wm¢nt
Fund$
Tota
20
2023
Church Mginltnance
Fergus Htil Malntenance
Parothlal Fla]I
aintena￿a
H¢al & Ll8ht
Insurance
TelephoneiBroodbAnd
G¢nerAI
Ardlite#￿on9U1tllllty feog
6.474
711
2,079
64.498
1,626
1281
70,972
2,337
4,360
6,100
2.965
3,634
17,7(f2
11.794
9>1
17.651
315
18,017
11,794
991
17.65J
17.682
11,046
I,096
9,358
13 1 .$76
Genwal
Heal¢h & Safdy
Bonk Fre5
Aceounilnty
Ben￿oI¥￿t Fund exps
9,743
1,381
1,449
2.670
88
21,631.
9.743
1.381
1,449
2,670
11,165
327
1,457
2,709
21,631
19,625
Parochlal Account.-
Blshlpy Appepl
New Wlne
ICM
en)5sllnks
SAMS
A Flanagan
H SITIJp50
Ukr&ln¢
Rcach Mtntori48
Beneyoknt Fuknd Ilnnl
78
1.301
80
158
1,000
3,410
1.752
2,873
J.845
383
1,200
2,873
1,84J
383
1200
400
2.400
1.200
1,500
40
250
1.500
318
278
13

Mkrk's Parilh
Notes"to the Ilngn
ow
eAr
ed 31 Delethber 20
8). Taxatlon
St Marvs Pari8h Church Portadown is re￿gnIZed as a charity for the purposes of appll¢able taxation
lagislation and is therefore not subject.to t￿allOn on Its ¢harilable 8clivittes.
1¢ Flxed
Costs/lNS
VnluelRMtwble
Value
Depn to
D*t•
Ntt Book
Added
Trans St
Marks
Holdlnzs
Depll
for Year
Net Book
Valu¢ at
31.1223
31,1123
Rectory
including
397.953
397,953
397.953
ritiings
Tot41
Thn8lble
Assets
397,953
397,953
397,953
10). Investments
value.al
31.12.24
IDcze8Ae for
Year
Value at 31.12.23
Investment Asy¢ts
RCB Inv¢$imcllts 3824 Units of RB O¢r*rnl TNSL
(Nl)
Clarkelnvesthignt Portfollos ma￿&¢d by DAVY
Sto¢kbrok¢r
16,573
302
16.271
1,129,71)2
8(673
J,04l,027
£1 146275
£1057 298
I l). Cpedltots Amounts Due wlthln l yur
2024
2023
AccNals
6211
6.045
14

SL Markls parbh Church Portadown
Notes to the Financial Statement for the ear ended 311¢ December 2024
eontinued
121 Ca8h and Cash Equlv2lents
Pamchial A¢(￿Unt
Missions & Chatltles Ac¢ount
Benevolent Fund
Bequest Account
Bcqthest Fixed Rate Deposit
Mlsscs Thornton A.￿OUnt
Mothers Union Bequat ArX0￿nt
Or8an.Fund Account
Repair Fund
ParisTh Oigknisatlons
31,122024 31.1x2023
44,919
43,806
1.7i8
415
2,526
3,l21
93259
29.163
80,000
292
3,490
5,133
22,097
292
3,636
5,014
7,743
20

St. Mark'.s PR*lsh Church PurtHdown
Notss to the Financial St tem
t for the
131 FuDd$ of the Parlgh
ti.1
rend
311t December 2
24
contlnued
oi
Resbu
Reve￿￿
Inv￿tI￿o
31.12
alnl
Endowrnertt
Futtd$
RCB
Jnvestmenl
16.271
302
16,573
16,371
902
16.573
Restrle¢ed
Funds
Clarko Fund
Mi&81ons &
Choritiès
account
Mi8S¢S
Thomto'n
Moth¥rs u.nion
Bequest
Acc(yJnt
Or8an Fund
Repair Fund
Pgri5h
Or8anliAtiOns
I,lJ41,027
415
88,675
3,817
¢6,659)
1,.129,702
I,73B
4.165
292
292
3.490
..3.636
5,133
22,097
21.603
(l22}
(78,176)
(9,482)
S.014
7,743
20244
43,427
9,251
20,395
(1,128)
1,094,OJ7
J6,644
(94.439)
23.432
88,675
1,168,369
UJkrestrlct¢d
Fundj
Flxed Assets
Debio
Prcpayment
Insurgnce
St Marks
Holdings
Parochi
A￿oUnt
Benevolent
Fund
Bequestaccount
Ae¢ru418
397,9J3
24,607
9,743
3,228
514
397.953
10,257
18,000
0'2.159)
5.841
43,80fj 199,251
(209,248)
ii.iio
44.919
3,121
8,176
(7,888)
(883)
2.526
109,163
5.596
166
600,182 216J31
.1,710.510 27.3575
121.J()o)
93,259
6,045
576.545
1.761,487
(217.136)
{311 J75J
123,4321
Totsl Futtds
88,977
16