ALL SAINTS. CLOONEY
STATEMENT OF FINANCIAL ACTMTIES
FOR THE YEAR ENDED 31 DECEMBER 2024
Currfjnt financlal year
Unrtstricted R•strlcted Endovfflient
funds
funds
funds
2024
2024
2024
2024
2023
Income and endowments from:
Donab"ons and legacies
Other trading activities
Inv8Stm8nts
Other ino)me
155.802
104,553
1922
158,n4
104.553
STO
42.977
1e8.265
90,483
7,141
37,731
19,549
Totsl Incom•
284.353
21471
306,824
301,620
Exp•nditur• on:
Raising funds
Charttable a(thitles
9,803
302,897
9.803
323.132
8.650
20235
Total •xp•ndltur•
312,700
20235
331935
303,090
Net galnsl(losses)
investrr￿ts
11
1,047
2.375
5,511
N•t Incomel(•xpendlture)
(27AOO)
1J28
(23,n6)
4.041
302.6n
(302,6n)
Net rnovem¢nt in fund*
2743n
{300A36)
(23,736)
4.041
Re￿nCIliatIon of funds:
Fund balances at 1 January 2024
837,501
71,S94
1216,089
1,212,048
Fund balancu at 31 December
2024
1,112.873
72.922 1,192.353
1,216,089
The statement of finanoal activitles incknles all goi￿ k￿e$ reeognised In the year. All income and eXpandi￿re
derive from conlinuirnJ activits'es.

ALL SAINTS. CLOONEY
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Prfor flnanclal y•ar
Totsl
fund•
2023
fvnds
2023
lund•
2023
2023
Incom• and •ndowm•nts from:
Donations and legacies
Other trading 8ctivibe8
Inve8tments
Other incomè
166.265
166,265
7.050
19.885
91
17.846
7,141
37,731
Total Incorn•
283.683
17,937
301.620
Exp•ndltur• on:
Ralslng fijnds
Charitable activlti88
8,850
276.124
8,850
18,318
Totsl •xp•ndltur•
284,774
18,318
303,090
Net gain&l(l0ss￿) on Inva8tments
11
2,242
1,181
2.088
5.511
N•t Ine¢xn•
1,151
4.041
Transfers bet￿n lund8
(49))
N•t rnov•mont In fvnd•
1.641
312
2.088
4.041
R•conclllatlon of fvnd•".
Fund balances at 1 January 2023
835.860
306.682
1.212.048
Fund balanc•• at 31 D•e•mb•r 2023
837,501
71,594
1,216,089

ALL SAINTS. CLOONEY
BALANCE SHEET
AS Af 31 DECEMBER 2024
Tangible assets
Investrnent pfopwty
Inv6Stments
13
15
14
956,683
100,000
81947
629,419
100,000
176.808
1.139.630
6227
Curr•nt ass•ts
Debtors
Cash at bank and In haThJ
16
6,067
309,270
315,337
Credltors: amounts falllng duo wlthln
ymr
17
(147
(5,475)
N•t curr•nt •M•ts
4723
Total a•s•ts l•M cuTr•nt Ilablllll•8
1.192J53
1,216,089
1,192A53
1.216.089
Th• lund• of th• charlty
Endowrmnt funds
71.594
306,994
837,501
Unrestricted funds
1.112.873
1.192,353
1.216.089
41tr¢
Rev Canon Davld McBeth
David Peoples

ALL SAINTS. CLOONEY
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024
Crltlcal accountlng ••tlmat•8 and Judym•nts
In Ihe appllcation of the charitls accounting polictes, Ihe trustees are required to make judgements, esUmat8s
and assumptions about Ihe carying amount of assets and liabilities that are not readlty apparent from other
sources. The esb'mates and associated assumptions are based on historical experfence and other factors that
are rnnsidered to be relevant. Actual reth may differ from ts88 8Sttmate8.
The estlmatas and undertylng assunykns arn re¥￿￿0d M an ongolng basls. Revl8lons to accountlrKJ
88tim8t8s are recgjgnised In the period in which the 8stimat8 is revised *there the revision affects only that
period. or in the period of the revision and fulure P￿'¢xIS whwe the revision affeL#s both ￿rrent arKI future
perlods.
Ae¢ounlln9 pollcl
Charfty Inforniatkni
I Saints. Clo)ney is an unina)rFx)raknJ oxnpony registered with the Charity Commi88ion for Northom
Ireland. The registered office is 21 GleT￿em70tt Road, DerrrLondondery. BT47 6BB.
2.1 Accountlng conv•ntlon
Th8 accounts have been wepared In acxordance with the t*aniYs governing d0￿Ment, the Charllles Ac
{North8m Irelarwj) 2008 and "Accounting and Rep￿.n9 by Chariti8s: Statement of R8c£*mm8nd8d Practice
applicable to tharities preparlng their acc4)unts in accordance wilh the Financial Reportlng Standard
applicable in the UK and Republic of Ire18nd (FRS 102r (as amended for attounting periods cnmmenci
from 1 January 2016). The Parish rneets the definltson of a publi¢ beneflt entity under FRS 102.
The financial slatements are prepared in sterling, which is the functi￿81 ajrrency of the tharity. Monetary
amounts in these financial statements are roundod to the near88t £.
The financial staternents have been preparad under the historical ¢x)st conv8ntlon, [modffied lo Indude tho
revaluation of freehold properties and to indude investment properti88 and certain financial in8truments at fair
value]. The principal arwunting pdicies adopted ar8 Set out below.
2.2 Golng conc•rn
The Parish generally meets its day to day working ￿pital r8quirements trom Its annual Income. The Trustees
have obtsinad and reviewed cash flow forecasts for the cx)ming year and ba8ed on these are satiSf￿d that the
Parlsh has resources to provide a reasonable expectation that it can (K￿tinue to meet Its flnancial obllqatlons
as they f811 due for the foresee￿¢ fi￿re . Therefore those flrAndel statement8 have been prepared on
going concern basls.
2.3 Ch•rliabl• fund*
Unrestrict8d funds are expendable at the discretion of the trustèès in furtherance of the objects of the ch8rity.
If parts of the unrestrlcted fijnds are earmarked at the disttetion of the trustees for a particular purpose, they
are designated as a separate fund. This designation has an administrative purpose onty and does not legally
restrtct the tru8t888' digcretion to apply the fijnd.
Deslgnated funds comprlse fvrKls which have been Set aside at the dlscretlon of the INst8e8 lor 8peafic
purposes. The purposes and usés ol the deslgnated funds are set wt In th8 notes to the flnanci81 statements.
R8Stricted funds ar8 funds subjed to speufic requirements as to thelr use whlch vnay be declared by th6
donor or with their authority or created through legal processes. but still wilhin the wider objects of the Parish.
2.4 In¢omlng r••our¢•8
Inrnme is recognised wh8n the chorfty1$18gally entttled to tt after any performance corKlltlon8 have been mei
the amounts can be measured reliably. and it is probable that income will be received.
10-

ALL SAINTS. CLOONEY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting polici
(COnllnu￿j
of the donation. unless perfornnce cx>ndibons requre deferral of the amount. Inwne tax r8coverabl8 in
relation to donati￿ received under GiftAid ￿ deeds of cx)venant is re(x)gnised at the time of the donation.
Legacies are Induded Ino)me under either unrestric￿ or restricted fvnds aLror(liry to the tenns under
whlch the donatlon Is made and when the arnount can be quantified reag¢Jwble certalnty. D(￿o￿On$ and
gits in kind are brought into Uie accrwÈts at their fair value to the Parish.
the tharity has entitlement to the fvnds, any perfOrn￿n￿ corKlith3ns attached to the grants have b6en meL it
is probable that the in(x)tTE wlll rec£ived and the amount (an be measured reliably and is not deferred.
Expenditure ts re(wnis8d On￿ Ihefe is a legal ty constructive obly*1(￿ to make a PaYr￿t to a third paty, it
is probable that settlement will be required and the amount of oblwatiM can be measured reliably.
Irrecoverable VAT is (*arged as a cost against the acbvity for vthich the expenditure vras incurred.
2.6 Tangibl• fv•d ass•ts
The propety assets of the Parlsh the Churth Buildff￿. the Rethy, the Curatage and the charlty
shop at Arndd House.
Th8 Church Buildlng is deemed to be a Herltage asset as defined ty the Charitles SORP (FRS102). The
accounting policy for this asset is outlined at rK*te 1.8 below.
The Rectory is rew3nised at deemed cosL being the valuabon placed on the for Local Property Taxl
Rates purposes. No depreciatlon has been w0￿ded on the Re(knry as the ￿Thent estimated resklual value is
not less than its carrying value arml ts remainirYJ useful lile ujrrenty exceeds 50 years.
The curatsge is recc•Jnised at cost of ao]uisrlion. No depre01ali<￿ has been provKled for as the 8Stimat&l
residual value is not less than ts (xrying value and Ihe remaining usefvl life ￿rrenty excèeds 50 years.
Motiy vehicles are recogrised at Ix)st and are deweciated on a reAlucirvJ balance basis at a rets of 20%.
Office equipment is recognised at cost and are deyeoated on a straight line bas15 over. The assets resmdual
values and useful Ilves are revie*ed. and adjusted. rf appropriate. at the erMI of eath reporting pewiod. The
Parish has set a minimum threshold of cx)st of £1.OCK) for an itern to (*nsits￿ to be capitslised as a fixed
Freehold land and bulldlngs
Fixtures. fith'ngs and equipement
Motor vehides
Nll - 2% strdight line
10% stra￿aht line
20% straight line
Tangible assets are derecognised on disposal or wtw) no fulure economic beneffts are expecte(l. On
disposal. the difference betwoon the new ￿1¥￿1 IKrxxds and the rarying amount 18 tecognised in th•
ststement of finandal adfvitles arnl indud&a in 'Other operthir*J (kwsygalrts..
11

ALL SAINTS. CLOONEY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
A¢countlng polkl
IConllnu•d)
2.7 Inv••tm•nt prop•rtl••
Fixed a￿et investrnents comprlsing investhent propertr'es. Investments In equltm arKI investment in RCBI
CIT Unit Trusts are inlt1811y recorded at cost and arg then subsequ8nlly stated at fair value at each balanc8
8h¢et date. Investrnents in unquoted investrnents are re¢￿ded at LX)St and are assessed annualty for
Impalm￿nI. Unrealis8d gains and losses represent the dlfference between the falr value at the beglnning and
end of the financ281 year or. rf purchased in the year, the differenr* betrween cost and fair value at the end of
Ihe year. Realised galns and loss88 represent the dlfference between the ryoc8eds on disposal and the falr
vabue at the Stsrt of the year or u)st If purcha8ed in the year. Both realised and unreali$8d gains and loss88 in
Investrnents arn reported wlthln "Net Gains 1 (Los808) ¢)n Inv88tmants' ￿￿thIn the Ststement of Flnanclal
ActlvlUo$.
2.8 H•rftag• ￿••1*
The Church Buildlng Is deemad to be a ￿ltage asset a$ deffined by the Charflies SORP (FRS102). Ths
asset is not induded on the balance strwt as inf0m￿li￿ on tr* cost or valuation is not avallable and such
Inforniation cannot bo obtsined at a colt comrnen8urale wlth thg benofft to tho u8er8 of the accounts and to
the parish.
2.9 Ca•h and ca•h •qulv•l•nts
Cash and cash 8quiv818nts indude cash in hand. depo&ts held at call wth banks, other short-term IiquKI
Investrnents with orlginal maturilie3 of three month8 w less. and bank ovwthafts. Bank ovgrdr8ft3 are 8hown
1hin borrowings in current Itabilities.
2.10 Fln•n¢lal In•trum•nts
The Parlsh onty has financial assets and financial liabilitles of a klnd that quallfy as basic tlnancial
Instruments. Basic financial in8trum8nts are Inlbally recognised at tranwtion price and 8ubs¢quenty
measured at their setuement value.
111 T•x•tlon
All Saints, CIoDney 18 rocognised 88 8 charlty for the purposes of applicable taxation Jegislat'cn and Is
therefore not Subj'ect to taxation on its charitable activlOe8.
2.12 Ernploy•• b•n•fft•
Th8 (xAt ol any unused holklay entltl•ment18 r•cognlsod In the pgrlod In vthlth th• ompkJy•o's 88rvlc•8 ar•
recelved.
Termlnauon benefft8 are racognlsed immedlately as an expense when the charlty Is domonstrably commltted
to terminate the employment of an employee or to pffjvlde temlnation beneflts.
2.13 R•tlr•m•nt b•n•ffts
Paymonts to d•flned contrlbutlon rntlrem•nt b8nafft Schrn arn thrged as an experlso ￿ they fall due.
Incom• from donatlom and l•g•¢1••
Unr••trlct•d RMtrlct•d
funds
fundA
2Q24
2024
Totsl UnrMtrlct•d Rutrlct•d
fund•
lund•
2023
2023
Total
21124
2023
DcThtlon8 and gift•
1 $5,802
2,922
158.724
166.265
166,265
12-

ALL SAINTS. CLOONEY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Incom• from Investments
Totsl
funds
funds
2024
lunds
2023
' funds
2023
2024
2023
Income from listed
investments
91
2,081
570
7,050
91
7,141
fund•
funds
2023
F￿N1raisirwJ events
Amold H¢xts8
13.774
90.779
80,797
Fundralslng Inc(xne
104553
funds
2024
fund•
nd*
2023
funds
2023
2024
2023
11n
1178
3.049
3,049
18,146
General parish Income
Extra￿Inary general
in¢
19,549
17,846
19.900
19,900
16.536
16,536
19.549
41977
19.885
17,846
37,731
13-

ALL SAINTS. CLOONEY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Ex￿ndItur• on ral8lng fvnds
Unrnstrlct•d Unr•strlded
lunds
fund*
2024
2023
Fundrnlslng and publlclty
Staging fundraising events
Oih6r fundraisiThJ costs
2.615
7.188
1,550
7,100
9.803
8,650
2024
2023
Dlr•ct costs
Stsff costs
Deveciat￿ and imp8lment
Dlocesan assessmant
Parothial ministy Costs
Charttable donations
Administration costs
SurKlry costs
Ropalrs l Upkeep
Lighc Heat and Power
Legal & wofessional fees
Bank charges
Motor expenses
8.075
108,043
4,241
8,184
22,557
42,807
00,991
20.106
4.216
105,128
6,776
1,872
16,025
38.945
70.1)03
17.068
2,525
1,099
323.132
294,440
Amlysh by fund
Unrestri¢ied fund8
R8strlcted funds
302,897
20.235
276.124
18,316
323.132
294,440
Govemanco (>)sts of £1.500 were incurred during the y8ar in relation to fees paid to ts Indep8nd￿t
examnor. Governance costs are induded within legal and WOfes￿nal fees.
N•t mov•m•nt In lund8
2024
2023
The net ffrt)vement In fvnd¥ 18 slated aftgr chargIrw(tt￿1tt1T¥a}.
Depredation of owned tangible fixed assets
8.075
14-

ALL SAINTS. CLOONEY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
10 Employg
Number of omploye88
T1￿ avw rrM)nthty number of ernpbyeas during the year was:
2024
Number
Number
AdM￿lStratIon
Music staff
Prernises malntenance
Youth w(*ker
Employment costs
2L124
2023
Wages and salaries
38,707
1,378
34.632
367
There no employees whose anThJal remuneralim was £60,IXK) lx WKKe.
15-

ALL SAINTS. CLOONEY
NOTES TO ThE FINANCIAL STATeMEpif8 (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1.•47
2242
1.181
*511

ALL SAINTS. CLOONEY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
12 Taxatlon
Tho (*arlty Is exww from laxali(m on Its actsvib￿ becaw 811 its incune is applied for d￿ritable purposes.
13 Tanglbl• r￿d asmts
Totsl
Al 1 knuary 2024
Additlons
629.419
304.089
629.419
335.339
25,OCKI
6,250
At 31 Dec￿ 2024
933.508
25.1
6,250
964.758
5.575
1.250
8.075
At 31 Decornber 2024
5,575
1.250
1.250
8.075
Carrylng amount
At 31 DacembeA 2024
927.933
23.750
5,000 956,rA3
629.419
629.419
CIT RCB G•n•ral
RCB r•
Inv•gtThnt Unlt Trusts prop•rty
Total
Cost or valuatlon
At 1 January 2024
Valuation (*arvJes
19.564
118.799
1.139
(47.016)
176.808
2.375
(38M46) (96236)
{10.7T5)
At 31 Decemlw 2024
10.025
82.947
Carrying amount
At 31 D8￿mber 2024
10,025
72822
82,947
At 31 Decern￿ 21Y23
19.564
118,799
176.808
2024
Falr valu•
At 1 January 2024 and 31 DeC￿nb￿ 2024
100.000
-17-

ALL SAINTS. CLOONEY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
16 D•btor•
2024
2023
Amounts falllng du• wlthln on• y••r.
Olher debtorn
Prepayments
7.920
5,320
747
6,087
17 Cr•dltorn: amounts falllng duo wfthln on• y•v
2024
2023
Accruals and othor credltors
16.785
5.475
18 R•llr•m•nt b•n•fft •ch•m•s
2024
2023
D•fin•d contrlbullon ￿hoM
Charge to profrt or loss in rwt of defined ccffltribution 8tham88
1,378
367
The charity operates a defined contributim pension sL*wne for all quallfying employe88. The a86et8 of th•
schorne are held separately from those of1he (*arity in an indep8rthnty administered fvnd.
19 Endowm•nt fund•
Endtr￿lent funds represent a&88ts which rnust be held pemianenlly by the tharity. Incorne arislng on the
endowment fvnds Can b8 used in accordance with the objects of the charity and ts Induded as unr88trictod
inc¥xne. Any capital gains or10sses arising on the assets form part of the fund.
At 1 January
2024
G•ln• and
At31
D•c•mb•r
2024
P•nnan•nt •ndO￿n•nts
71,594
1.328
72,922
Pr•vlou• y•ar.
At 1 January
2023
Galns arml
At31
los••s D•c•mb•r
2023
P•rman•nt •ndO￿ntI
RCB Unlt TNsts
69.51
71.594
18-

ALL SAINTS. CLOONEY
NOTES TO THE FINANCIAL STATEMENTS (COKnNUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
The restri￿ funds of th8 tharity ovn￿lSe the unexpended balan(￿ of donations and grants W on trust
subjeca to l￿dItIOnS by donors as to h(yw they may be used.
At 1 January Incomlng Resour¢es Tr￿￿fern Galns and
2024 resources •xpended
At31
DKomber
Sunday Sthool
Choir
Fabric
Youth Club
Propwty fijnd
Charhies &
Missions
Parish Trip
974
12)
502
502
302.672
(3016n)
(29)
666
314
19.549
119.323)
314
1,530
MirKts Matter
Church Organ
Fund
Kneelers
300
22.471
(202
(302,672)
Prevhyus year. At 1 January
Incoming Resources
Gains and
At31
Docember
2023
Sunday School
Choir
Fabric
70
974
141
502
135
15
Club
Propety fij
Charities &
Missions
Parish Trip
Men's Shed
Mission Centre
Minds Matter
301.491
1,181
302,672
{29)
(29)
17.846
(17.846)
(4￿)
314
314
1.530
(470)
17.937
(18J18)
(490)
1.181
)6.994
The balan￿ on the propety fvnd was transferred to Unles￿ funds fthrfng the purcha8e of Arnold
Hwse which it vas used to fund.
19-

ALL SAINTS. CLOONEY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Unr••trfctsd fund•
At l January
Incomlng R•Sour￿l
2024 ruourc•s axp•nd•d
Tran•f•r4 Galn• •nd
At31
lou88 D•c•mb•r
2024
Tanglble flxed
assets fund
Genar￿ funds
1.056.883
(754.011)
1,056.883
56,190
837.501
204,353
(312.700)
1,047
837,501
(312,700)
302,672
1,047
1,112,873
Pr•vlou• y•ar. At 1 Janu•ry
Incomlng R••ourc•8
Trw•f•rn Galns and
At31
D•c•mb•r
2023
General fvnds
283.683
(284.774)
490
2,242
837,501
An amount of £302,672 was transferred frrffi tho restr￿ property fund to fvnd ts purch88e of Arnokl
House. The Tru8tees have gub8equently tran8fwrnd the value of all fixed into a do8ignat8d fixed 888•t
fvr￿.
22 An•tysl8 of n•t •••ots b•tthwi funds
Unrn8trlct•d R••trlct•d Endowm•nl
funds
funds
fund8
2024
2024
2024
2024
At 31 D•c•mb•r 2024:
Tangible assets
Investment profv*rties
Investrnents
Currant 8888t&l(Ilabllltle8)
956.883
100,1)00
10,025
46,165
956.683
100.000
82,947
$2,723
72.922
1.112.8n
72.922
1,192,353
Total
fund•
2023
fund*
2023
fund•
2023
2023
At 31 D•¢•fflb•r 2023:
T*nglble 8S8ets
629.419
1￿,CAy)
86.769
41.313
629.419
100.000
176.808
309,862
Inve3trnènts
Current a886tsl(IlaNitle8)
71.594
268.549
837,501
71.594
1,216,089

ALL SAINTS. CLOONEY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
-21