| Pages | |
|---|---|
| References and administrative details of the Charity | 2 |
| Trustees’report | 3-5 |
| Independent Examiner’s Report to the Trustees | 6 |
| Receipts and payments account | 7 |
| Statement of assets and liabilities | 8 |
| Notes to the financial statements | 9-14 |
| Unrestricted Funds |
Restricted Funds |
Total | Total | ||
|---|---|---|---|---|---|
| Note | 2023 | 2023 | 2023 | 2022 | |
| £ | £ | £ | £ | ||
| Receipts | |||||
| Freewill offerings | 19,296.00 | 19,296.00 | 19,233.50 | ||
| Loose collections | 770.20 | - | 770.20 | 502.65 | |
| Special Collections | 2 | - | 553.50 | 553.50 | 2,077.00 |
| Gift aid rebate (including GASDS) | 4,841.50 | 25.00 | 4,866.50 | 5,098.55 | |
| HMRC Gift aid interest | 70.07 | - | 70.07 | - | |
| New hall building fund | 3 | - | 300.00 | 300.00 | 3,597.23 |
| Bank & Deposit interest | 20.53 | 252.26 | 272.79 | 45.65 | |
| Investment income | 4 | 2,903.88 | - | 2,903.88 | 2,791.94 |
| Other receipts | 5 | 10,470.30 | 778.00 | 11,248.30 | 8,714.31 |
| Receipts regarding Parish Organisations | 6 | - | 554.09 | 554.09 | 259.00 |
| Total Receipts | 38,372.48 | 2,462.85 | 40,835.33 | 42,319.83 | |
| Payments | |||||
| Diocesan Assessment | 20,585.00 | 20,585.00 | 18,885.00 | ||
| Church & Hall Running Costs | 7 | 8,528.12 | - | 8,528.12 | 3,298.44 |
| Sunday School expenses | 8 | 284.33 | - | 284.33 | 326.22 |
| Administration Costs | 9 | 10,101.54 | 578.00 | 10,679.54 | 9,996.24 |
| Charitable Donations | 10 | 114.00 | 653.50 | 767.50 | 945.00 |
| Payments regarding Parish Organisations | 11 | - | 450.00 | 450.00 | 400.00 |
| Total Payments | 39,612.99 | 1,681.50 | 41,294.49 | 33,850.90 | |
| Excess of Receipts over Payments for the year before transfers |
(1,240.51) | 781.35 | (459.16) | 8,468.93 | |
| Capital payments | |||||
| Capital Grant received - Benefact grant | 2,100.00 | 2,100.00 | |||
| Transfers | |||||
| **Excess of Receipts over Payments for the ** | year | (1,240.51) | 2,881.35 | 1,640.84 | 8,468.93 |
| Unrestricted Funds |
Restricted Funds |
Total Funds |
Total Funds |
||
|---|---|---|---|---|---|
| 2023 | 2023 | 2023 | 2022 | ||
| £ | £ | £ | £ | ||
| Funds Reconciliation | |||||
| Bank and Cash at start of year | 29,052.72 | 24,581.96 | 53,634.68 | 45,165.75 | |
| Net movement in funds | (1,240.51) | 2,881.35 | 1,640.84 | 8,468.93 | |
| Bank and Cash at end of year | 27,812.21 | 27,463.31 | 55,275.52 | 53,634.68 | |
| Bank & Cash Balances | |||||
| Current Accounts | 19,094.41 | 5,297.81 | 24,392.22 | 23,303.64 | |
| Deposit Accounts | 8,717.80 | 22,165.50 | 30,883.30 | 30,331.04 | |
| Cash | - | - | - | - | |
| Total Cash Funds | 12 | 27,812.21 | 27,463.31 | 55,275.52 | 53,634.68 |
| OTHER ASSETS | |||||
| Investment Assets | |||||
| Investments in RCB / CIT Unit Trusts |
107,895.66 | - | 107,895.66 | 105,102.02 | |
| Other unlisted investments | - | - | - | - | |
| Total Investment Assets | 14 | 107,895.66 | - | 107,895.66 | 105,102.02 |
| **Assets retained for the Parish’s ** | own | ||||
| use | |||||
| Glebe land | 90,000.00 | - | 90,000.00 | 90,000.00 | |
| Car park | 63,379.00 | - | 63,379.00 | 63,379.00 | |
| Equipment | 1,330.00 | - | 1,330.00 | 1,330.00 | |
| Total Assets retained for the Parish s own use |
.. | 154,709.00 | - | 154,709.00 | 154,709.00 |
| 2. Special collections | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| 2023 | 2023 | 2023 | 2022 | |
| £ | £ | £ | £ | |
| Bishops' Appeal | - | 240.00 | 240.00 | 505.00 |
| Harvest Gift Envelopes | - | - | - | 1,120.00 |
| Lent Boxes | - | 276.00 | 276.00 | 392.00 |
| Poppy Appeal | - | 37.50 | 37.50 | 60.00 |
| TOTAL | - | 553.50 | 553.50 | 2,077.00 |
| 3. New Hall building fund | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| 2023 | 2023 | 2023 | 2022 | |
| £ | £ | £ | £ | |
| Donation | - | - | - | 250.00 |
| Table top sale | - | - | - | 1,470.00 |
| In lieu of flowers - Late Jean Mulholland | - | 300.00 | 300.00 | - |
| In lieu of flowers - Late May Greenwood | - | - | - | 600.00 |
| Estate Frances Campbell | - | - | - | 1,277.23 |
| - | 300.00 | 300.00 | 3,597.23 |
| 4. Investment Income | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| 2023 | 2023 | 2023 | 2022 | |
| £ | £ | £ | £ | |
| RCB Glebe Sale interest | 2,642.86 | - | 2,642.86 | 2,530.88 |
| RCB investment income | 184.40 | - | 184.40 | 176.59 |
| CGI Trustees investment income | 76.62 | - | 76.62 | 84.47 |
| TOTAL | 2,903.88 | - | 2,903.88 | 2,791.94 |
| 5. Other receipts | Unrestricted | Restricted | Total | Total |
|---|---|---|---|---|
| 2023 | 2023 | 2023 | 2022 | |
| £ | £ | £ | £ | |
| Baptism thanks offering | 80.00 | - | 80.00 | - |
| Burial & Grave Fees | 2,075.00 | - | 2,075.00 | 1,300.00 |
| Christmas dinner | - | - | - | 490.00 |
| Clothing Bank | 1,196.00 | - | 1,196.00 | 728.00 |
| Coins in jar | - | - | - | 5.00 |
| Daffodil tea | 460.00 | - | 460.00 | - |
| Donation | 50.00 | - | 50.00 | 150.00 |
| Donation - Barkley family Tyanee | 50.00 | - | 50.00 | 80.00 |
| Donation Calvin family - repair fund | - | 100.00 | 100.00 | 100.00 |
| Donation - Harvest | 30.00 | - | 30.00 | - |
| Donation for Leprosy Mission | - | 100.00 | 100.00 | 80.00 |
| Donation The Link Maghera | - | - | - | 600.00 |
| Easy Fund Raising | 53.88 | - | 53.88 | 59.04 |
| Energy support grant - Church | 600.00 | - | 600.00 | - |
| Energy support grant - hall | 600.00 | - | 600.00 | - |
| Kilrea for stationery/photocopier | 981.71 | - | 981.71 | 728.49 |
| Tamlaght Upper for stationery/photocopier | 981.71 | - | 981.71 | 728.48 |
| Land rental | 1,300.00 | - | 1,300.00 | 1,300.00 |
| MUDC Fun Day grant | - | - | - | 385.30 |
| Parish News | 530.00 | - | 530.00 | 697.00 |
| Pew Bibles | - | 578.00 | 578.00 | - |
| RCB revenue grant | 667.00 | - | 667.00 | 503.00 |
| Table Quiz | 100.00 | - | 100.00 | 280.00 |
| Treasure Hunt | 385.00 | - | 385.00 | 500.00 |
| Use of hall | 180.00 | - | 180.00 | - |
| Wedding thanks offering | 150.00 | - | 150.00 | - |
| TOTAL | 10,470.30 | 778.00 | 11,248.30 | 8,714.31 |
| 6. Receipts regarding Parish Organisations |
Unrestricted 2023 £ |
Restricted 2023 £ |
Total 2023 £ |
Total 2022 £ |
| Sunday School Projects | - | 554.09 | 554.09 | 259.00 |
| TOTAL | - | 554.09 | 554.09 | 259.00 |
| 7. Church & Hall running costs | Unrestricted | Restricted | Total | Total |
| 2023 | 2023 | 2023 | 2022 | |
| £ | £ | £ | £ | |
| Church disabled toilets | - | - | - | 662.50 |
| Church carpark lights | 1,020.00 | - | 1,020.00 | |
| Electricity | 1,921.18 | - | 1,921.18 | 1,192.84 |
| Fire protection | 68.40 | - | 68.40 | 68.40 |
| Insurance | 1,232.72 | - | 1,232.72 | 1,121.37 |
| Repairs | - | - | - | 29.95 |
| Repairs - painting Church | 3,000.00 | - | 3,000.00 | - |
| Painting Church plant hire | 330.00 | - | 330.00 | - |
| Sundry expenses | 60.00 | - | 60.00 | 30.25 |
| Topping Yew trees | 690.00 | - | 690.00 | - |
| Water rates | 205.82 | - | 205.82 | 193.13 |
| TOTAL | 8,528.12 | - | 8,528.12 | 3,298.44 |
| 8. Sunday school expenses | Unrestricted | Restricted | Restricted | Total |
|---|---|---|---|---|
| 2023 | 2023 | 2023 | 2022 | |
| £ | £ | £ | £ | |
| Easter eggs | 58.19 | - | 58.19 | 45.00 |
| Prizes | 178.14 | - | 178.14 | 236.22 |
| Selection Boxes | 48.00 | - | 48.00 | 45.00 |
| TOTAL | 284.33 | - | 284.33 | 326.22 |
| 9. Administration costs | Unrestricted | Restricted | Total | Total |
| 2023 | 2023 | 2023 | 2022 | |
| £ | £ | £ | £ | |
| Audit & accountancy | 690.00 | - | 690.00 | 630.00 |
| Bank fees | 131.59 | - | 131.59 | 135.87 |
| Bible notes | 13.99 | - | 13.99 | 12.99 |
| CCTV signs | - | - | - | 42.00 |
| Christmas dinner | - | - | - | 490.00 |
| Communion Wine | 22.50 | - | 22.50 | |
| Confirmation Bibles | 110.96 | - | 110.96 | - |
| Coronation pens | 69.60 | - | 69.60 | - |
| Donation - Charlotte Dowie | 100.00 | - | 100.00 | - |
| Donation in lieu of flowers | 30.00 | - | 30.00 | 150.00 |
| First aid kits | 9.98 | - | 9.98 | - |
| Fun day expenditure | - | - | - | 385.30 |
| FWO Envelopes | 259.38 | - | 259.38 | 189.00 |
| Gifts | 100.00 | - | 100.00 | 50.00 |
| Grave register | 17.00 | - | 17.00 | - |
| Groundsmen | 600.00 | - | 600.00 | 600.00 |
| Hope Magazine/Faithful Queen | 58.57 | - | 58.57 | 222.00 |
| Internet security | 34.99 | - | 34.99 | 34.99 |
| Jubilee pens | - | - | - | 58.80 |
| Kilrea 1/3 IT expenses | 152.00 | - | 152.00 | 152.00 |
| Kilrea Rectory 1/3 repairs | 157.00 | - | 157.00 | 355.00 |
| Kilrea Rectory 1/3 running costs | 2,131.83 | - | 2,131.83 | 2,106.62 |
| Office allowance | 300.00 | - | 300.00 | - |
| Organist | 2,200.00 | - | 2,200.00 | 2,250.00 |
| Parish News articles | 49.99 | - | 49.99 | 47.99 |
| Pew Bibles | 48.48 | 578.00 | 626.48 | - |
| Photocopier costs | 418.33 | - | 418.33 | 411.67 |
| Photocopier | 810.00 | - | 810.00 | - |
| Printing - Parish News | 1,100.00 | - | 1,100.00 | 1,150.00 |
| Stationery & postage | 485.35 | - | 485.35 | 522.01 |
| TOTAL | 10,101.54 | 578.00 | 10,679.54 | 9,996.24 |
| 10. Charitable donations | Unrestricted Restricted |
Unrestricted Restricted |
Unrestricted Restricted |
Total | Total | ||
|---|---|---|---|---|---|---|---|
| 2023 | 2023 | 2023 | 2022 | ||||
| £ | £ | £ | £ | ||||
| Bishops' Appeal | - | 240.00 | 240.00 | 550.00 | |||
| Church Army | 8.00 | 92.00 | 100.00 | 100.00 | |||
| Crosslinks | 8.00 | 92.00 | 100.00 | 100.00 | |||
| Irish Church Missions | 8.00 | 92.00 | 100.00 | - | |||
| Leprosy Mission | - | 100.00 | 100.00 | 80.00 | |||
| Poppy Appeal | - | 37.50 | 37.50 | 60.00 | |||
| Shoe Box appeal | 90.00 | - | 90.00 | 55.00 | |||
| Total | 114.00 | 653.50 | 767.50 | 945.00 | |||
| 11. Payments regarding Parish | Unrestricted Restricted |
Total | Total | ||||
| Organisations | 2023 | 2023 | 2023 | 2022 | |||
| £ | £ | £ | £ | ||||
| Sunday School Projects - Donations | - | 450.00 | 450.00 | 400.00 | |||
| TOTAL | - | 450.00 | 450.00 | 400.00 | |||
| 12. Movement in Cash Funds | |||||||
| At 1 Jan | Incoming | Outgoing | Transfers | **At 31 ** | Dec | ||
| 23 | Resources | Resources | 2023 | ||||
| £ | £ | £ | £ | £ | |||
| Restricted funds | |||||||
| Special Collections | - | 553.50 | 553.50 | - | - | ||
| Sunday School | 188.72 | 554.09 | 450.00 | - | 292.81 | ||
| Church repairs fund | 2,780.00 | 125.00 | - | - | 2,905.00 | ||
| New Hall building fund | 21,613.24 | 552.26 | - | - | 22,165.50 | ||
| Benefact Capital grant - disabled toilets | 2,100.00 | - | - | 2,100.00 | |||
| Other amounts for specific expenditure | - | 678.00 | 678.00 | - | - | ||
| 24,581.96 | 4,562.85 | 1,681.50 | - | 27,463.31 | |||
| Unrestricted funds | |||||||
| General Fund | 29,052.72 | 38,372.48 | 39,612.99 | - | 27,812.21 | ||
| - | - | ||||||
| 29,052.72 | 38,372.48 | 39,612.99 | - | 27,812.21 | |||
| Total funds | 53,634.68 | 42,935.33 | 41,294.49 | - | 55,275.52 |
| Glebe Land |
Car park | Equipment | Total | |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Opening cost at 1 Jan 2023 | 90,000.00 | 63,379.00 | 1,330.00 | 154,709.00 |
| Additions | ||||
| Closing cost at 31 Dec 2023 | 90,000.00 | 63,379.00 | 1,330.00 | 154,709.00 |
| 14. Investment Assets | ||||
| CIT Investment |
Representative Church Body |
Total | ||
| £ | £ | |||
| Opening value at 1 Jan 2023 | 3,112.47 | 101,989.55 | 105,102.02 | |
| Changes in valuation | 144.23 | 2,649.41 | 2,793.64 | |
| Additions | - | - | - | |
| Disposals | - | - | - | |
| Closing value at 31 Dec 2023 | 3,256.70 | 104,638.96 | 107,895.66 |