Cumber Upper Parish Chure Trustees9 Annual report and Statement of Receipts and Payments and Assets and Lyabilities For the year ended 31st Deeember 2023 Charities Number: NIC104858
CUKBER IIPPER PARISH CHURCH Annual report and financial statements for the year ended 31st December 2 Cotitsnts Pages References and administtative detsils of the Clwity Trustees, report IndependeDt Examiner's Report to the Tt¢S Receipts and payments aUnt Statement of assets and liabilities Not¢s to the financial stat¢ments
CIJMBER UPPER PARISH CHURCH Referentrs and administThtsv¢ detaiLs Charity Name: Cumber Upper Parish Church Charity Registration Number: NIC 104858 Contart Address: 91 CUl Road Claudy Co. Londonderry BT47 4JA Trustees Rev David Slater Mr Metvyn" Robin5un Mr William McBeth Mrs Kelly Logan Mr john Eakin Mr Victor Hill Mr EdwiTh Robinson Mr Victor South Mr David Kennedy Mr Jack Eakin Mr Peter Eakin Mrs Sharon Hill Mr Clive Olphert Mr Robert Leslie Mr Ivan South Mr GaT¢th Robinson Mrs Joan Cunningham Mr Ryan Miller Mrs Jack Buchanan Principal Offiet-beart Clergy: Church Treasurer: Church Secretary: ChuTch Ward¢n- Clergy: Church Warden - People: Glebe Ward¢n-Clergy: Glebe Warden-People: Rev David Slater Mrs Kelty Logan Mr John Eakin Mr Victor Hill Mr Clive Olphert Mr William McBeth Mr Ivan South Independent Exgminet Mrs May Thompson 128 Tenydoo Road Limavady Co. London(krry BT49 OPF Bankers Danske Bank POBOX 183 Donegal Square West Belfast BTI 6JS
Cumber Upper P2rish Chur¢ Receipts and Payments Account for the year ended 318t Deeember 2023 Notrs Unrthtiicted Restricted 2023 21123 Total 2023 Total 2022 Recei Freewill Offerings & plat¢ collectio$ Donations Gift Aid Refund Charity Appeals - Special Collections Income from Land Proceeds from fundraising events Sunday School Il¢¢eipts Rental ot"Premises Investnjent inci)me Contribulion for Rectory ex)SeS Contribution for sundry costs Covid Grant Energy Grant Insurance Claim Proceeds 24.014.92 830.00 3.919.78 24,014.92 25,395.51 830.00 10.430.00 3,919.78 3,472.25 860.07 485.00 500.00 500.00 7.909.00 6.788.00 195.90 151.40 1200.00 4,541.20 248.42 246.99 4.413.11 4,136.25 1.993.58 692.97 604.00 860.07 500.00 7,909.00 195.90 1,200.00 248.42 4,413.11 1.993.58 1.200.00 ?6.jj6.?0 1,200.00 26,556.20 Totsl Recei 44.780_39 29,060.59 73,840.98 57.443.57 Diocesan Assessment Visiting Clergy Organists Church and Hall running costs/repairs Rectory running costthpai Glebe House repairocosts Charitable donations Sundry costs Bank Fees Sunday School Receipts paid to church within parish group Collection for Church within Parish Group Insurance W0S Carried out to Glebe House 13,336.50 665.00 2.450.00 21.892.11 6.155.62 l 8.695.73 144.00 3,060.96 13.336.50 11.344.50 665.00 735.00 2,450.00 1.750.00 22.516.57 24.981.92 6,935.23 6.686.53 18.695.73 1264.90 629.00 144.00 3,105.31 5J17.01 624.46 779.61 485.00 44.35 151.40 151.40 32.40 5.00 26.000.00 26.000.00 66.399.92 28.084.82 94.484.74 52261.26 Excess of Reeeipts over Payments for the year {21,61953) 975.77 (20,643.76) 5.182JI The ttotes on pages 7-9 forni part of these financial statements and should be read in conjunction herewith On Bebalf of the Trusts
Cujnber Upper Parisb Church StateDJent of Assets and Liabdities as at 31st December 2023 Funds 2023 Funds 2023 Total 2023 Total 2022 Cash Funds C&sh on band Current Accounts Total Cash Funds 3,435.50 14.870.66 18J06.16 3.435.50 16,482.83 19918J3 1.612.17 1ffj12.17 40,562.09 40562.09 IDv&stmeDt Assets Investments in RCB I CIT UnitTn NS&I Total Inveslment Assets 406,70322 2.502.58 406.703.:: 2.502.58 394.804.82 2,500.25 397J07.07 Assets retaiDed for tbe Parish's ojvn use Glebe House Reclory Church Hall Land Tofial Assets retained for the Parish's own use 241681.25 4?4.69? 19 5?0.O(K). 60.000.IX) 94?.681.25 4?4.69? 19 520.000.00 60.000.00 225.750.00 395.06? 50 48i.000.00 6O.0(M).I)O 1347J73A4 1347J7&44 lJ65,8I2o The notes on pages 7-9 form part of these fmancial statements and should b¢ read in conjunction herewith. On Behalf of the Trustees Charity Ke•ion Number: NIC 104858
Cumber Upper Parish Churcb Not to tbe financial statemeots for the year ended 31sÉ December 2023 l. Artourtting policies Set out bclow are the principal accounting policies which have been adopted in the compilation of the Receipts and Payments AOUnt and the Stat¢mellt of Assets aftd Liabilities (a) Receipts and Payments Account All items of incon)c and exp¢nditUTe included within the Receipts and Payinents Account hav¢ been accounted for on a cash receipts basis. (b) Statement of Assets LiAbilitses (i) Assets rel'HedI0r the Parish's own e The assets of the Parish, retained for its own comprise:. Church Building and Grnveyard Gleb¢ House Rectory Church Hall Land The Church Building and Graveyard are de¢med to be H¢rttage assets as defined by the Charities SORP (FRS102}. These Heritage assets are not included in the statement of assets and liabilitie5 as infomiation on the cost or valuatfion is not available and such inforniation cannot be obtained at a cost commensurate with the benefit to the users of the accounts and to the parish. The Glebe House Is ititluded at its insurance value at year ertd of £242,68125 (2022: £225,750). No depreciation has b¢¢Th provided on the 8lebe hous¢ &8 th¢ current estimated residual value is not less than its carrying value and the remaining useful life currently exceeds 50 years. The Rectory is included at its itisurance value at year end of £424,692.19. (2022: £395.062.50). No depreciation h&$ been provided on the Rectory as the current estimated residual valu¢ is not less than its arrying value and the remaining useful life currtntly exceds 50 years. The Rectory is owned by the 4 churches within the group and has been included in the Statement of Assets and Liabilities for Cumber Upper Parish Church as the Rect(Ky is located near this Parish. The Churth Hall was built in 1981 at a cost of construction of £70.000.00 and has been rcfuTbished during the past few years. The Church Hall is owned by the Churcb and used by Alla Parish Community Group Limited. The Community Group inCued expenditiire totalling £164,958.00 for refurbishing the hall and the Church expended £80,000.00 on the refurbishfft¢ttt. The Hall is included at its insurance value at year end of £520.000 (2022= £485,000)- No deprwiation has been provided on the Church Hall building as the curRnt ¢stinMtcd residual value is kss tban its carrying value and the remaining useful life currently exceeds 50 years. The Parish owns approxinthtely 7 acres of land located in Claudy. This land has been included in the Statement of Ass¢ts and Liabilkties at estimated value of £60.000.00. ii) Investments Fixed asset investments in RCB and CIT are initially recorded at cost and are then subsequently stated at fair Value at each year end date. Investment in NS&I is stated at cost plus accumulated inlerest at year end.
Cumber Upper Parish Church Notss to the financial statements for the year ended 31st lknmber 2023 2. Morfement in Cash Fullds AtlJan Ivoming Outgoing 2023 Resources TrnnsfeT5 At 31Dec 2023 Unrestricted fuDds General Fund Restricted funds Total fvnds 39.925.69 636.40 40.562.09 44.780.39 46,399.92 29,060.59 -28,084.82 73.840.98 -94,484.74 18,306.16 1.612.17 19,918.33 3. Collections for Third Parti&s 2023 2022 Earl Haig Confmation Collection Ukraine Appeal Bishops Appeal 143.90 596.17 65.00 300.00 i?o.00 485.00 120.00 860.07 The above amounts have included in Ileceipts for the Y&qr under Cbarity Appeal- Spla1 Collectiot15. All collections for 2023 were paid out during 2024 year. 4. Charitable donations Unrngtricted Restrictsd Bishops Appeal (2022 Colle¢tiottS) Ukraine Appeal (2022 Collections) Earl Hakg (2022 Colle£tions) Child Sponsorship 120.00 300.00 65.00 144.00 144.QQ 485.00 S. Transacttolls with the Trustees The parish paid ¢xpcns¢s of £6.93523 (2022-£6.686.53) rel*ing to the running costs and repairs of the Rectory which is occupied by the Ilector. The other three churches within the parish group ntributed £4,577.?6 after year end for their share of th¢ Rectory expenses. £1,200.00 was paid to Mr. Victor Hill for Church and Church Hall upkeep. Mr. Hill is a trustee of th¢ Parish. Mr. Robert Leslie paid £50D.00 to the Church for land lettings. Mr. Robert Leslie is a trustee of the Parish. £5216.00 was paid to Mr. William McBeth for repair works carri¢d out to Church. £15,000.00 was also paid to Mr. William McBeth for r¢pairs to Glebe House. Insurance Works were also caffied out on the Glebe House and £26.000 was paid to Mr. William McBeth for these works. Mr. McBeth is a tnistee of th¢ Parish.
Cumber Upper Parish Church P4otes to the financial Statements for the year ended 31$1 Detember 2023 6. SuDdry Costs Unrestricted 21n3 Unrestricted 2022 Admin Cost Gift Aid Rev. Slatsr Office (2022&2023) Rev. Slater Gift Organ Tuning Stamps Stationery Printing FWO Envelopes CoDfwmation Books Church Group Resources Sunday School expenses Church Service Resources Examin¢r's fees Insurance Claim Excess 290.09 276.67 1.768.00 500.00 220.00 14.25 266.36 300.30 1,152.60 500.00 230.00 177.57 125.QO 672.00 61.88 406.77 174.00 212.29 332.54 100.00 192.00 100.00 350.00 3.105.31 5,317.01