Receipts and Payffle￿ Account for the year ended 31 December 2023
Unr••trlct•d Re•trlct•d Endowment
rotal
Total
Funds
2023
Funds
2023
Funds
2023
Note
2023
2022
Recei
Envelope and plate collections
Other donations
47,597
230
9.939
2.000
5.577
3,644
1.024
53,174
3,874
10.963
2,000
1,468
1,062
110
919
7,703
81.273
51.048
23,395
14.383
1,510
14,915
1,488
Gift Aid
Grants
Fundraising
Missions and charity donations
Other Income
1.468
1.062
110
853
6,905
67.634
Bank Interest
Investment Income
66
798
447
8,235
115.421
Total Recei
13,639
ments
Diocesan Assessment
Property maintenance
Church running costs
Rectory costs
Missions and charity donations
Sunday School
SPARK
Other church events
Fundraising Costs
Financial Charges
Other Items
Administration costs
51,740
750
51,740
4,518
5,129
5,114
3,287
405
47.468
16,831
4,551
3,059
3,247
533
3,768
788
4,341
5,114
200
3,087
405
3,044
3,044
3,175
289
5,019
428
173
173
355
346
130
6,439
69,060
1.000
1,130
6,439
81,334
6,892
91.492
Total Pa
ments
12,274
Excess of Receipts over
Payments for the yoar before
transfers
Transfers
Excess of Receipts over Payments for
the year
-1.426
1.365
23,92g
-2,800
2,800
-2000
4,226
4.165
-61
21,929
Slgned on Behalf of the Trustees
Trustee 1
Trustee 2
Date

Statement of Assets and Liabilities as at 31 December 2023
Unrestricted Restricted Endowment
Funds
Funds Funds
2023
2023
Total
Total
Notes
2023
2023
2022
Cash Funds
Current Accounts
Deposit Accounts
Total Cash Funds
54.779
17,692
72,471
101.143
26.633
127.776
155.922
44.325
156,549
43.759
200.308
200,247
Investment Assets
Investments in RCB Unit
Trusts
Investments in CIT Unit
Twsts
Total Investment Assets
172,550
172,550
167,480
97,431
97,431
93,116
269,981
269.981
260,596
Assets retalned for the
Parish's own use
Rectory
Fixtures & Ftttings
Total Assets retalned
for the Parish's own use
Total Assets
175,000
5,000
175,000
5,000
175,000
5,000
180,000
180,000
180,000
252.471
127,776
269,981
650,228
640,904
Slgned on Behalf of the Trustees
Trustee I
Trustee 2
Date:

Note8 to the financial statements for the year ended 31 December 2023
l. Accounting policles
Set out below are the principal accounting policres which have been adopted in the compilation of the Receipts
and Payments Account and the Statement of Assets and Liabiltties
(a) Recelpts 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.
The breakdown of the items of receipts and payments has been re-classified from the p￿VIouS year in a
more meaningful way.
(b) Statemont of Assets and Liabllities
This yearfs report has been updated to refEect the complete anatysis of assets and liabilities at 31
December 2023.
(l) Assets retalned for the Parish's own use
The assets of the Parish, retained for its own use comprise:_
Church Buildings and Graveyard
Church Hall
Rectory
Fixtures and fittings
The Church Buildings and Graveyard a￿ deemed to be Heiitsge assets as defined by the Charities
SORP {FRS102). These Heritage assets are not included in the statement of assets and liabilities as
inf0m￿tIOn on the cost or valuation is not available and such informats'on cannot be obtained at a cost
commensurate with the benefit to the users of the accounts and to the parish.
The Church Hall is not included in the statement of assets and liabilities as information on the cost or
valuation is not available and such infomiation cannot be obtained at a cost commensurate with the
beneffts of the users of the accounts and to the parish.
The Rectory is valued at domestic rateable value.
Fixtures and Fittings in the churches are recognised at an estimate valuation provided by the Trustees.
11) Investments
Fixed asset investrnents comprising investrnent in RCBICIT Unit Trusts are stated at fair value at each year
end date.
111) Endowment Funds
The capttal of Endowment Funds are to be retained either pemianently or at the congregation's discretion:
the income derived from the endowment is to be used either as restricted or unrestrycted income funds
depending upon the purpose for which the endowment was established in the first place.
10

Notes to the financial statements for the year ended 31 December 2023 {¢ontinu•d)
2. Envelope and Plate Collectlons
Unrnstrfcted
2023
Restricted
2023
Total
2022
Freewill Envelopes
Building Fund Envelopes
Loose Collections
Harvest Thanksgiving
Moyletra - Harvest Thanksgiving
Moyletra - Carol Seriice
SPARK Collection
Sunday School
TOTAL
46,046.60
45,299.72
4,665.00
488.05
4,720.00
417.70
720.00
613.00
520.00
509.50
20.00
66.00
52.50
84.20
47 597.30
5 576.70
51048.27
3. Glft Ald
Unrestricted
2023
R•strtct8d
2023
Total
2022
Freewill Offering
Building Repair Fund
Harvest Appeal
Turkeylsyria Appeal
TOTAL
9,939.48
11.850.39
1.068.75
750.00
713.75
846.25
152.50
25.00
1023.75
14 382.89
4. Fundraislng
Unrestrlcted
2023
Restrlcted
2023
Totsl
2022
Flower Festival
Car Boot Sale
150 Club
TOTAL
14,915.00
1,354.40
113.25
7.65
14 915.00
5. Property Malntenance
Unrestrlcted
2023
Restricted
2023
Total
2022
St. Paul's
Refurbishment of St Paul's church hall
Replace Steel Railings
Moyletra
Church Roof Refurbishment
Rectory
TOTAL
2,124.71
2,959.42
208.62
2,986.84
764.00
7,506.00
2,405.96
16 830.84
750.00
750.00
3 768.39

6. Church Runnlng Costs
Unrestricted
2023
Restricted
2023
Total
2022
Electricity
Heating Oil
Water Rates
Organist
Audio Promotions l DVDS
Broadband
Clerical Relief I visiting Speakers
TOTAL
587.22
1,692.00
241.59
1,460.00
1.412.16
979.43
225.62
1,420.00
113.94
600.16
187.56
360.00
400.00
4.340.81
787.72
4551.15
7. Rectory Costs
Unrnstricted
2023
Restrlcted
2023
Totsl
2022
Electricity
Heating Oil
Rates
TOTAL
1.402.42
2.929.50
781.62
1,028.82
1,299.38
730.96
5,113.54
3,059.16
. Admlnistration costs
Unrestricted
2023
Restrfcted
2023
Total
2022
Printing and Stationery
Insurance
Telephone
Independent Ex8min8tKJn
Copyright Licence
Surefire Protection
Rectovs Office Allowance
RCB- Gift Aid Charges
Church of Ireland Trustees - Investment Costs
Secretary's Expenses
Sundry Expenses
TOTAL
454.40
2.356.08
1,041.62
564.00
229.00
831.97
2,170.63
927.28
504.00
214.00
124.80
884.00
1.017.37
165.56
27.42
24.48
884.00
730.71
150.14
20.97
6,438.78
6.891.51
12

9. Movoment In Funds
At1Jan
Incoming Outgoing Transfers
2023 Resources Resources
At 31 Dec
2023
Restrlctad funds
Building Repair
Building Investrnent
Missions
Graveyard
Parish Hall
Parish Development
Sunday Scht)ol
Bowling Club
Total restricted
63,870
26,567
10,171
2,950
71,091
26,633
1,087
1,191
140
888
95
2.887
1,800
1,800
2.981
1,494
27.589
804
307
2,372
1,634
24,433
1,306
307
593
1,000
123,612
13.638
12.274
2,800
127,776
Unrestricted funds
General Fund
Fixed Temi Deposit
Moyletra
Moyletra Deposit
51,719
6.005
7.785
11,187
65,527
81
1,608
419
68,078
-2,800
46,368
6,086
8.411
11,606
982
76,696
67,635
69,060
-2,800
72,471
Total funds
200,308
81,273
81,334
200,247
Pur
ses of Restricted Funds
Building Repair and Hall Funds- This is money to assist with the cost of rnaintaining St Paul's Parish
Buildings.
Parish Development- Funds to develop church growth and interaction wtth the local community.
Missions- Monies for donation to missionary organisations.
Sunday School- A fund for the use of SL Paul's Sunday School
Bowling Club- This is a fund for the use of the Bowling Club.
13

10. Investment Assets
RCB Unit
Trusts
crr Unit Trusts
Totsl
Openlng value at 1 Jan 2023
167.480.$0
93.115.71
260,596.21
Changes in valuation
Additions
5,069.03
4,314.88
9.383.91
Disposals
Closing value at 31 Dec 2023
172,549.S3
97.430.59
269,980.12
Changes in valuation are reflected direciiy to reseNes as these are non- cash movement
11. Assets retslned for the Parfsh's own use
Flxturns
and
FRtlngs
Rectory
Total
Openlng cost at 1 Jan 2023
175,000
5,000
180,000
Addltlon8
Closlng cost at 31 Dec 2023
175,000
5,000
180,000
12. ReconcllSation of Charity Funds
Balance brought forward 111123
640.904.37
Cash Deflclt
-60.94
Increase In value of Investments
9,383.91
Totsl charlty funds 31112123
650,227.34
Changes In the value of Investments are refiected In reserves as these re non-cash transactions.
14

14. Tran8actlon8 wlth the Trustees
No trustee, apart from the Rector, received any remuneration during the year. Expenses were paid to the
Secretary (£8)..
16. Governance Costs
Govemance costs of £564 were incurred during the year which relates to fees paid to the independent examiner.
Governance costs are included within administration costs in the Receipts and Payments Accounts.
15