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2024-12-31-accounts

Kilcronaghan Parish Church

Trustees’ Annual Report and Statement of Receipts and Payments and Assets and Liabilities

For the year ended 31 December 2024

Charities Number: NIC10474

Kilcronaghan Parish Church

Annual report and financial statements for the year ended 31 December 2024

Contents

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 – 16

Kilcronaghan Parish Church

References and administrative details

Charity Name:

Kilcronaghan Parish Church

Charity Registration Number: NIC104704 Contact Address: 12 Rectory Road Tobermore Magherafelt Co Londonderry BT45 5QP Northern Ireland

Trustees

Mrs Phyllis Burns Mrs Miranda Bradley Mr Sandy Colgan Mr Billy McGuckin Mr Trevor Johnston Mr Robert Johnston Mr Paul Kelly Mrs Susan Mawhinney Mr William Ballantine Mrs Jennifer Evans Mr Wesley Tomb Mr Leslie Ross Mr Robert Montgomery (deceased) Mr Robert Young Mr Samuel McLean Rev. Rosemary Diffin Miss Hilary Richardson

Principal Office-bearers

Clergy: Rev. Rosemary Diffin Church Secretary: Mr Samuel McLean Church Treasurer: Miss Hilary Richardson Rector’s Church Warden: Mr Samuel McLean People’s Church Waden: Mr Paul Kelly Rector’s Glebe Warden: Mr Wesley Tomb People’s Glebe Warden: Mr William Ballantine Parish Recorder: Mrs Audrey McLean

Independent Auditor

David Lyttle + Co Ltd 15 Meeting Street Magherafelt Co Londonderry BT45 6BN

Principal Bankers

Danske Bank Donegall Square West Belfast BT1 6JS

2

Kilcronaghan Parish Church

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 Kilcronaghan Parish Church for the year ended 2024

Objectives and Activities

The charitable purpose of the Church of Ireland is the advancement of religion.

The principal function of Kilcronaghan Parish Church is to support the advancement of the Christian religion by promoting, through the work of Kilcronaghan Parish Church the whole mission of the Church, pastoral, evangelistic, 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 advancement of the Christian religion, Kilcronaghan Parish Church 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 vestry of Kilcronaghan Parish Church.

Achievements, Performance & Public Benefit

Kilcronaghan Parish Church is under the incumbency of the Reverend Rosemary Diffin. As a church we provide a weekly service of Morning Prayer, Evening Prayer and a once per month service of Holy Communion. We also provide for baptisms, weddings, funerals and pastoral support.

We began the year with the first of our Big Breakfasts. The speaker was Jim Stewart who told us his life story. In March we had a Daffodil Tea to raise funds for the rector’s mission trip to Peru in June. During Lent we had a Lenten service every Wednesday and special services during Holy Week. Our dawn service at the old church on Easter Sunday was followed by a parish breakfast in the hall.

Our prayer fellowship meets on a Wednesday evening followed by a Bible study

In June a special afternoon tea party was held in the grounds of the rectory. We were entertained by Tamlaghtmore Silver Band. Bouncy castles were provided for the entertainment of the children.

The Connect group continues to meet every Thursday morning – a community coffee morning followed by a talk or activity one week and on alternate weeks a community soup lunch. An excursion took place to Galgorm Garden Centre in December.

All our other organisations continued to meet –Coffee and Yarn, BB, Little Acorns, the Bowling Club

The Sunday School excursion took place in June.

In October we had a Gospel Concert. A big breakfast was held to raise funds for Bishop Given Gaula and in November we had another breakfast for the Poppy Appeal.

Our usual Harvest and Carol services took place and some special songs of praise services when we invited local bands to accompany the hymn singing. Evening services resumed with monthly café church, songs of praise, service of the Word and a communion service.

The GFS restarted with a Big Night back and in October a Lite Party was held.

Several special services were held during the year including the Royal British Legion’s Remembrance Day service.

Items of food were collected during the year and given to the local food bank.

The prayer fellowship resumed in September and this was followed by a number of different Bible courses.

The church continues to support 6 mission partners and other charities. Special collections were taken up for the Bishops’ Appeal and donations were collected for Samaritans’ Purse.

3

Kilcronaghan Parish Church

Trustees’ Annual Report for the year ended 31 December 2024

Other events during the year included an Ulster Scots’ night, a Pudding Night with craft stalls, 2 lego building workshops and an Advent celebration.

The tractor Run in December raised money for the Air Ambulance.

Our Child Protection Policy is in accordance with the Safeguarding Trust policies of the Church of Ireland.

Financial Review

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 activities and the financial statements for the year ended 31 December 2024 can be signed off as a going concern.

Structure, Governance and Management

Governing Document and Constitution of the Charity

Chapter III of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The Select Vestry members are the Charity Trustees

Recruitment and Appointment of Select Vestry (Trustees)

All members of the Church of Ireland who are over the age of 18 and are either resident within the parish or live elsewhere but have been accustomed members of the congregation for at least three months, 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 limit on the number of terms which may be served.

Pay and Remuneration

The Rector is not paid directly by the Parish. A monthly assessment is paid to the Diocese which comprises Stipend, Locomotory Allowance, Employer’s National Insurance and Employers Clergy Pension Contributions.

Organisational Structure

The select vestry is responsible for the day to day management of the parish. The select vestry consists of the member of the clergy serving in the parish, the churchwardens, the glebe wardens and generally not more than twelve other members of the general vestry elected at the General Vestry.

The select vestry is chaired by the incumbent or other member of the clergy officiating in the parish. 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 vestry 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 2024 the Select Vestry met 5 times during the year and the average attendance was 72%.

4

Kilcronaghan Parish Church

Trustees’ Annual Report for the year ended 2024 (continued)

Compliance with Public Benefit

The Parish has given careful consideration to the Charity Commission for Northern Ireland’s guidance on public benefit to ensure that the actives 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’ 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 Northern Ireland with Income of less than £250,000 requires the trustees to prepare a statement of receipts and payments and a statement of assets and liabilities for each financial year.

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

Reverend R Diffin Trustee

Hilary Richardson Trustee

9 April 2025

9 April 2025

5

Kilcronaghan Parish Church

Independent Examiner’s Report to the Trustees of Kilcronaghan Parish Church

I report on the accounts of the Trust for the year ended 31 December 2024, which are set out on pages 2 to 16.

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 (Northern Ireland) 2008.

It is my responsibility to:

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 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 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 disclosures in the accounts, and seeking explanations from you as charity Trustees concerning 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 with 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 requirements of the Charities Act

  4. That there is further information needed for a proper understanding of the accounts to be reached.

Independent examiner’s statement

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

9 April 2025

15 Meeting Street Magherafelt Co Londonderry BT45 6BN

6

Kilcronaghan Parish Church

Receipts and Payments Account for the year ended 31 December 2024

Receipts
Sustentations and Freewill Offering
Plate collection
Special Collections
Use of Hall
Building Fund Envelopes
Building Fund - Fund Raising
Missions envelopes
Bank & Deposit interest
Investment income
Other receipts
Receipts regarding Parish Organisations
Gift Aid rebate
Gift Aid Small Donations Scheme
Mid Ulster Council grant
Revenue grant RCB grant
Total Receipts
Payments
Diocesan Assessment
Church Running Costs
Hall Costs
Rectory Costs
Administration Costs
Charitable Donations
Payments regarding Parish Organisations
Total Payments
Excess of Receipts over Payments for the year
before transfers
Capital Grant received
Capital grant expenditure
Excess of receipts over Payments for the year
including Capital grant
Capital payments
Transfers
Excess of Receipts over Payments for the year
Funds brought forward
Funds carried forward
Note Unrestricted
Funds
2024
£
Restricted
Funds
2024
£
Total
2024
£
Total
2023
£
2
3
4
5
6
7
8
9
10
11
12
14
57,028.60
-
57,028.60
4,697.10
-
4,697.10
2,295.85
4,613.95
6,909.80
510.00
-
510.00
-
12,931.00
12,931.00
-
3,036.48
3,036.48
-
4,020.00
4,020.00
49.11
971.49
1,020.60
58.79
-
58.79
15,333.75
9,237.63
24,571.38
-
6,271.05
6,271.05
9,605.43
5,126.20
14,731.63
2,000.00
-
2,000.00
-
-
-
-
-
-
56,857.80
2,744.45
5,474.17
-
14,841.00
28,502.40
3,200.00
2,762.38
56.44
19,244.58
1,507.39
11,533.13
2,000.00
600.00
1,647.00
91,578.63
46,207.80
137,786.43
150,970.74
49,921.00
-
49,921.00
6,643.86
1,645.00
8,288.86
4,081.14
-
4,081.14
11,846.00
-
11,846.00
17,992.19
3,563.97
21,556.16
2,170.08
13,151.77
15,321.85
-
6,808.22
6,808.22
50,740.00
12,542.66
3,723.13
6,004.88
21,685.54
10,183.10
1,949.70
92,654.27
25,168.96
117,823.23
106,829.01
(1,075.64)
21,038.84
19,963.20
-
-
-
-
-
-
44,141.73
-
(1,075.64)
21,038.84
19,963.20
(17,254.40)
(17,254.40)
(1,724.30)
1,724.30
-
44,141.73
(455,259.24)
-
(2,799.94)
5,508.74
2,708.80
(411,117.51)
22,531.70
53,834.22
76,365.92
487,483.43
19,731.76
59,342.96
79,074.72
**76,365.92 **

Signed on Behalf of the Trustees

Reverend R Diffin Trustee

Hilary Richardson Trustee

9 April 2025

9 April 2025

7

Kilcronaghan Parish Church

STATEMENT OF ASSETS & LIABILITIES AS AT 31 December 2024

Funds Reconciliation
Bank and Cash at start of year
Net movement in funds
Bank and Cash at end of year
Bank & Cash Balances
Current Accounts
Deposit Accounts
Cash
Total Cash Funds
13
OTHER ASSETS
Investment Assets
Investments in RCB / CIT Unit Trusts
Other unlisted investments
Total Investment Assets
15
Assets retained for the Parish’s own use
Rectory
Old Rectory
Glebe land
Fixtures, fittings & equipment
New Hall
Total Assets retained for the
Parish’s own use
14
Unrestricted
Funds
Restricted
Funds
Total
Funds
Total Funds
2024
2024
2024
2023
£
£
£
£
22,531.70
53,834.22
76,365.92
487,483.43
(2,799.94)
5,508.74
2,708.80
(411,117.51)
19,731.76
59,342.96
79,074.72
76,365.92
8,104.88
3,233.42
11,338.30
32,870.85
11,626.88
55,375.99
67,002.87
43,356.38
-
733.55
733.55
138.69
19,731.76
59,342.96
79,074.72
76,365.92
7,064.80
-
7,064.80
6,819.15
-
-
-
-
7,064.80
-
7,064.80
6,819.15
200,000.00
-
200,000.00
200,000.00
80,000.00
-
80,000.00
80,000.00
80,000.00
-
80,000.00
80,000.00
2,718.00
-
2,718.00
2,718.00
498,904.68
-
498,904.68
481,650.28
861,622.68
-
861,622.68
844,368.28

Signed on Behalf of the Trustees

Reverend R Diffin Trustee 9 April 2025

Hilary Richardson Trustee

9 April 2025

8

Kilcronaghan Parish Church

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

(b) Statement of Assets and Liabilities

(i) Assets retained for the Parish’s own use

The assets of the Parish, retained for its own use comprise:-

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 liabilities as information on the cost or valuation is not available and such information cannot be obtained at a cost commensurate with the benefit to the users of the accounts and to the parish.

The Parish Hall is 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 with the benefit to the users of the accounts and to the parish.

The Rectory is valued at domestic rateable value as at 1 January 2017

The Old Rectory is valued at cost price when purchased from RCB approximately 20 years ago.

The Glebe land has been recognised at a value which the select Vestry deem to represent the estimate fair value of the property at 1 January 2017.

No depreciation has been provided on these buildings as the current estimated residual value is not less than its carrying value and the remaining useful life currently exceeds 50 years.

Subsequent expenditure on these assets is recorded at cost.

ii) Investments

Fixed asset investments comprising investment properties, investments in equities (ordinary shares) and investment in RCB/CIT Unit Trusts are initially 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.

9

Kilcronaghan Parish Church

Notes to the financial statements for the year ended 31 December 2024 (continued)

2. Special collections
Bishops' Appeal
Bishops' Appeal for Turkey/Syria
Boys Brigade Enrolment Service
Carol Service for Air Ambulance
Collection for Mervyn Tomb Faith Mission
Confirmation Service
Easter collection
GFS Commissioning Service
GFS Enrolment
Harvest
Lenten collections
Missionary Lunch - Mervyn Tomb
Missionary Lunch - Andrew & Joanne Quill
Missionary Lunch - CMJ
Missionary Lunch - Claire Holmes SAMS
MU Big Hymn Sing for Mums
Orange Order Service
Prayer Fellowship
Remembrance Day - Poppy Appeal
Shoe Box appeal
Sunday School Collections
TOTAL
3. Donations for Use of Hall
Coffee & Yarn
Trefoil Guild
GFS
Mothers' Union
Vicki & Andrew Lammey
TOTAL
4. Building and maintenance fund
Christmas Event "Unto us"
Concert
Donations
Donation Mr & Mrs Stephen Evans
Donation Tamlaght O'Crilly Choir
Donation for table in memory of late Beth Hassan
Donation in memory of late John Cassidy
Mrs Prudy Caskey in memory of Billy & Mark Caskey
In lieu of flowers late Alan Clark
In lieu of flowers late Tommy Spillane
In lieu of flowers for late T & N Atkinson
In lieu of flowers for late Bertie Montgomery
In lieu of flowers for late M Addille
In lieu of flowers late Mildred Lennox
Recycling old clothing
Sponsored fast
Sponsored walk
Tractor run
Tubes collection
Loose change jar for building fund
TOTAL
Unrestricted
Restricted
Total
Total
2024
2024
2024
2023
£
£
£
£
-
620.00
620.00
210.00
-
-
-
839.00
-
-
-
366.00
-
-
-
590.00
-
303.50
303.50
-
-
228.50
228.50
164.10
104.70
-
104.70
-
-
-
-
153.30
-
185.40
185.40
105.10
1,407.00
-
1,407.00
1,285.00
-
340.00
340.00
394.20
-
425.00
425.00
-
-
500.00
500.00
-
-
219.00
219.00
-
-
349.00
349.00
-
-
379.60
379.60
-
-
-
-
410.00
288.36
-
288.36
319.46
-
648.95
648.95
-
-
415.00
415.00
300.00
495.79
-
495.79
338.01
2,295.85
4,613.95
6,909.80
5,474.17
Unrestricted
Restricted
Total
Total
2024
2024
2024
2023
£
£
£
£
50.00
-
50.00
-
20.00
20.00
-
200.00
-
200.00
-
200.00
-
200.00
-
40.00
-
40.00
-
510.00
-
510.00
-
Unrestricted
Restricted
Total
Total
2024
2024
2024
2023
£
£
£
£
-
10.00
10.00
5,641.78
-
-
-
1,470.00
-
-
-
329.50
-
-
-
150.00
-
-
-
70.00
-
-
-
230.00
-
-
-
400.00
-
200.00
200.00
200.00
-
500.00
500.00
-
-
175.00
175.00
-
-
-
-
350.00
-
2,050.00
2,050.00
-
-
-
-
930.00
-
-
-
100.00
-
-
-
320.00
-
-
-
1,640.00
-
-
-
16,309.70
-
-
-
20.00
-
16.60
16.60
256.81
-
84.88
84.88
84.61
-
3,036.48
3,036.48
28,502.40

10

Kilcronaghan Parish Church

Notes to the financial statements for the year ended 31 December 2024 (continued)

5. Other receipts
Bible reading notes
Big Breakfast
Big Breakfast for Bishop Guala
Coffee & yarn
Donations
Donations Bishops' Appeal
Donation Bishops' Appeal - Turkey/Syria
Donation from credit Union for Connect
Donation Church Sound system
Donation projector/screen repairs
Donations Easter breakfast
Donation Eco Garden
Donation for trees
Donations Pew Cushions
Donations for Peru Anglican School
Donations Afternoon Tea with Silver Band
Christmas Meals
Conacre
Connect Group
Coronation Party
Daffodil Tea
Eco Church Grant
Energy Support payments 3 X £600
GFS - proceeds of Ulster Scots Night
Gospel Concert
Graves
In lieu of flowers late Sadie Beare
Line dancing subscriptions
Mid Ulster Council grant for Garden Party
Mothers' Union for hot food cabinet
Mothers' Union for Out & About bus
Poppy Breakfast
Pudding Night
Rent - Kilcronaghan Youth Hostel
Rectory expenses contributions
Recycling for Bishops' Appeal -
Turkey/Syria
Sale of chairs
Sale of piano
Sale of mower
Soup lunch
Tractor run for Bishops' Appeal
Tractor run for Air Ambulance
TCD donation for GFS
Ulster Scots Night for GFS
Donations for harvest flowers
Cheque not presented for payment
TOTAL
Unrestricted
Restricted
Total
Total
2024
2024
2024
2023
£
£
£
£
606.00
-
606.00
479.80
477.70
-
477.70
-
-
590.00
590.00
-
-
-
-
50.00
100.00
-
100.00
720.00
-
-
-
750.00
-
-
-
40.00
-
200.00
200.00
-
-
-
-
1,500.00
-
-
-
800.00
48.00
-
48.00
-
-
50.00
50.00
-
1,000.00
-
1,000.00
-
-
-
-
500.00
-
485.00
485.00
-
225.00
-
225.00
-
930.00
-
930.00
625.00
1,000.00
-
1,000.00
1,000.00
914.00
-
914.00
503.70
-
-
-
45.00
-
1,555.00
1,555.00
-
-
123.23
123.23
-
-
-
-
1,800.00
1,220.60
-
1,220.60
-
1,150.00
-
1,150.00
-
2,240.00
-
2,240.00
4,280.00
455.00
-
455.00
-
543.80
-
543.80
1,001.00
-
375.00
375.00
-
-
1,544.40
1,544.40
-
-
56.40
56.40
-
-
1,308.00
1,308.00
-
830.50
-
830.50
-
600.00
-
600.00
1450.00
1,383.15
-
1,383.15
1,608.98
-
-
-
460.00
340.00
-
340.00
-
350.00
-
350.00
-
-
-
-
200.00
725.00
-
725.00
400.10
-
-
-
694.00
-
730.00
730.00
-
-
1,000.00
1,000.00
-
-
1,220.60
1,220.60
-
195.00
-
195.00
-
-
-
-
337.00
15,333.75
9,237.63
24,571.38
19,244.58

11

Kilcronaghan Parish Church

Notes to the financial statements for the year ended 31 December 2024 (continued)

6. Receipts regarding Parish
Organisations
Bowling Club
Coffee & Yarn
Little Acorns
Sunday School
TOTAL
7. Church running costs
Audio Visual equipment
Christmas tree
Electricity
Guest preachers
Harvest flowers
Heating oil
Copyright licence
Digital piano
Piano tuning
Pew cushions
Projector/screen repairs
Recording supplies
Repairs
Sound System upgrade
Sundry expenses
Tamlaghmore Silver Band - Carol Service
Video system equipment
TOTAL
8. Parish hall running costs
Electricity
Cleaning
Christmas decorations
Cutlery basket
Fire alarm service
Heating oil
Notice board & signs
Sundry
Water rates
TOTAL
9. Rectory costs
Electricity
Felling trees
Heating oil
Rates
Repairs
Telephone
Tiles/tiling
Washing machine
TOTAL
Unrestricted
Restricted
Total
Total
2024
2024
2024
2023
£
£
£
£
-
5,055.91
5,055.91
1,247.04
-
814.60
814.60
75.00
-
399.90
399.90
184.60
-
0.64
0.64
0.75
-
6,271.05
6,271.05
1,507.39
Unrestricted
Restricted
Total
Total
2024
2024
2024
2023
£
£
£
£
1,649.50
-
1,649.50
-
315.68
-
315.68
-
1,105.81
-
1,105.81
819.42
60.00
-
60.00
200.00
100.00
-
100.00
-
1,982.50
-
1,982.50
2,172.14
690.37
-
690.37
555.41
-
1,645.00
1,645.00
-
100.00
-
100.00
-
-
-
-
3,565.00
-
-
-
800.02
-
-
-
1,178.49
490.00
-
490.00
-
-
-
-
2,966.00
-
-
-
136.18
150.00
-
150.00
150.00
-
-
-
-
6,643.86
1,645.00
8,288.86
12,542.66
Unrestricted
Restricted
Total
Total
2024
2024
2024
2023
£
£
£
£
1,259.59
-
1,259.59
1,519.79
1,200.00
-
1,200.00
-
-
-
-
165.00
87.60
-
87.60
-
120.00
-
120.00
-
1,008.36
-
1,008.36
1,610.52
166.15
-
166.15
-
69.90
-
69.90
-
169.54
-
169.54
427.82
4,081.14
-
4,081.14
3,723.13
Unrestricted
Restricted
Total
Total
2024
2024
2024
2023
£
£
£
£
1,223.73
-
1,223.73
1,201.73
4,800.00
-
4,800.00
-
1,287.94
-
1,287.94
3,048.56
869.10
-
869.10
826.46
-
-
-
180.00
916.23
-
916.23
748.13
2,420.00
-
2,420.00
-
329.00
-
329.00
-
11,846.00
-
11,846.00
6,004.88

12

Kilcronaghan Parish Church

Notes to the financial statements for the year ended 31 December 2024 (continued)

10. Administration costs
Accountancy
Bank fees
BBQ expenses
Bible reading notes
Big breakfast expenses
Calendars - Christmas Gifts
Carol Service expenses
CD Sleeves
Christmas meal
Christmas Event "Unto Us" expenses
Church Envelopes
Concert artistes
Concert expenses
Connect Group expenses
Connect group outings
Church reports
Coronation tea party expenses
EA summer 21/22 grant underspend
refunded
Eco Church expenditure
Fathers' day gifts
Fire protection services
Fire training
Garden party expenses
Garden party - Tamlaghtmore Silver Band
GFS donation from TCD
GFS - proceeds Ulster Scots Night
Gifts
Gift aid expenses
Guest speakers travel expenses
Hall opening expenses
Holiday Bible Club
Insurance
Lawn mowing costs
Lawn mower running costs
Missionary lunch expenses
Mothering Sunday gifts
Mothers' Union Out & About transport
Office allowance
Organists/Pianists
Out & About membership
Out & About training
Photocopier costs
Poppy breakfast expenses
Singers/musicians
Stationery & Postage
Sundry expenses
Tractor run expenses
Wild flowers
TOTAL
Unrestricted
Restricted
Total
Total
2024
2024
2024
2023
£
£
£
£
1,440.00
-
1,440.00
1,350.00
280.88
33.07
313.95
305.91
333.68
-
333.68
-
461.93
-
461.93
540.24
291.24
90.00
381.24
-
205.00
-
205.00
195.00
50.00
-
50.00
-
127.76
-
127.76
-
575.65
-
575.65
382.61
-
-
-
1,057.87
917.00
-
917.00
868.00
290.00
-
290.00
-
-
-
-
220.00
233.94
200.00
433.94
149.27
710.00
-
710.00
704.00
202.50
-
202.50
185.00
-
-
-
596.29
-
-
-
5,260.44
-
123.23
123.23
-
81.00
-
81.00
-
328.38
-
328.38
165.36
80.00
-
80.00
-
113.00
375.00
488.00
-
150.00
-
150.00
-
-
1,000.00
1,000.00
-
-
1,220.60
1,220.60
-
754.50
-
754.50
635.00
456.88
141.78
598.66
576.89
160.00
-
160.00
-
-
-
-
272.50
323.04
3.71
326.75
-
3,835.48
-
3,835.48
3,801.27
1,500.00
-
1,500.00
1,000.00
76.00
-
76.00
67.00
47.63
-
47.63
-
251.00
-
251.00
163.96
-
56.40
56.40
-
663.00
-
663.00
663.00
1,260.00
-
1,260.00
1,230.00
30.00
-
30.00
30.00
-
-
-
50.00
723.31
-
723.31
416.83
-
270.18
270.18
-
-
-
-
120.00
442.25
-
442.25
437.50
17.14
-
17.14
41.60
-
-
-
200.00
580.00
50.00
630.00
-
17,992.19
3,563.97
21,556.16
**21,685.54 **

13

Kilcronaghan Parish Church

Notes to the financial statements for the year ended 31 December 2024 (continued)

11. Charitable donations
Air Ambulance
Bishops' Appeal
Bishops' Appeal - Turkey/Syria
Boys brigade
Church Army
CMJ
CMSI
CMSI for Bishop Guala
CMSI - Andrew & Joanne Quill
Crosslinks
FEBA
GFS
HOPE Magherafelt
ICM
Leprosy Mission
Marie Curie
Ministry of Healing
M & R Tomb
Mothers' Union re Mums in May
NI Hospice
Derry & Raphoe Ordinand's Fund
Open Doors
Reverend Roise Mission trip to Peru
Royal British Legion - Remembrance Day
collection
Royal British Legion - Poppy breakfast
Salvation Army
SAMS
SAMS - Anglican school Peru
Shoe Box Appeal
Tear Fund
Tobermore District No 11
Water Aid
Total
Unrestricted
Restricted
Total
Total
2024
2024
2024
2023
£
£
£
£
-
-
-
600.00
-
670.00
670.00
1,904.00
-
-
-
1,339.00
-
-
-
366.00
150.00
-
150.00
150.00
1.00
1,034.00
1,035.00
640.00
-
815.00
815.00
640.00
-
500.00
500.00
-
-
500.00
500.00
-
-
815.00
815.00
640.00
100.00
-
100.00
100.00
-
185.40
185.40
110.00
100.00
-
100.00
-
-
-
-
100.00
100.00
-
100.00
100.00
100.00
-
100.00
100.00
100.00
-
100.00
100.00
16.50
1,543.50
1,560.00
640.00
0.40
379.60
380.00
-
100.00
-
100.00
100.00
-
228.50
228.50
164.10
-
815.00
815.00
640.00
1,000.00
1,555.00
2,555.00
-
-
648.95
648.95
-
2.18
1,037.82
1,040.00
-
100.00
-
100.00
100.00
-
1,159.00
1,159.00
640.00
-
510.00
510.00
-
-
415.00
415.00
300.00
150.00
340.00
490.00
150.00
-
-
-
410.00
150.00
-
150.00
150.00
2,170.08
13,151.77
15,321.85
10,183.10
12. Payments regarding Parish
Organisations
Bowling Club
Coffee & Yarn
Little Acorns
Sunday School
TOTAL
Unrestricted
Restricted
Total
Total
2024
2024
2024
2023
£
£
£
£
-
4,390.15
4,390.15
271.57
-
222.98
222.98
50.00
-
394.52
394.52
73.05
-
1,800.57
1,800.57
1,555.08
-
6,808.22
6,808.22
1,949.70

14

Kilcronaghan Parish Church

Notes to the financial statements for the year ended 31 December 2024 (continued)

13. Movement in Cash Funds

Restricted funds
Missions
Special Collections
Bowling Club
Building and hall fund
New hall audio visual
equipment
Little Acorns
Coffee & Yarn
Sunday School
EA Grant
Mid Ulster Council grant
Other amounts for specific
expenditure
Unrestricted funds
General Fund
Total funds
At 1 Jan
Incoming
Outgoing
Transfers
At 31 Dec
2024
Resources
Resources
2024
£
£
£
£
£
-
4,695.00
4,919.30
224.30
-
80.00
4,613.95
4,658.95
-
35.00
1,404.69
5,055.91
4,390.15
-
2,070.45
51,089.41
21,390.17
16,712.55
-
55,767.03
-
-
-
111.55
399.90
394.52
-
116.93
25.00
814.60
222.98
-
616.62
331.86
0.64
1,800.57
1,500.00
31.93
-
-
-
3.71
3.71
-
-
788.00
9,237.63
9,320.63
-
705.00
53,834.22
46,207.80
42,423.36
1,724.30
59,342.96
22,531.70
91,578.63
92,654.27
(1,724.30)
19,731.76
22,531.70
91,578.63
92,654.27
(1,724.30)
19,731.76
76,365.92
137,786.43
135,077.63
-
79,074.72

Purposes of Restricted Funds

15

Kilcronaghan Parish Church

Notes to the financial statements for the year ended 31 December 2024 (continued)

14. Assets retained for the Parish's own use

Opening cost at 1 Jan 2024
Additions
Cost new Hall
Closing cost at 31 Dec 2024
15. Investment Assets
Opening value at 1 Jan 2024
Changes in valuation
Additions
Disposals
Closing value at 31 Dec 2024
Rectory
Old Rectory
Glebe
Land
New Hall
Fixtures,
fittings &
equipment
Total
£
£
£
£
£
£
200,000.00
80,000.00
80,000.00
481,650.28
2,718.00
844,368.28
17,254.40
17,254.40
-
-
-
17,254.40
-
17,254.40
-
200,000.00
80,000.00
80,000.00
498,904.68
2,718.00
861,622.68
CIT
Investment
Representative
Church Body
Total
£
£
£
1,530.18
5,288.97
6,819.15
147.46
98.19
245.65
-
-
-
-
1,677.64
5,387.16
7,064.80

16. Transactions with the Trustees

The parish paid expenses of £4,626 relating to the running costs of the glebe house which is occupied by the rector. The rector also received an office allowance of £663 for the year. No trustee received any renumeration during the year. No 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.

17. Governance Costs

Governance costs of £400 were incurred during the year of which £400 relates to fees paid to the independent examiner. Governance costs are included within Administration costs in the Receipts and Payments Account.

16