Holy Trlnlty Church Portrush
Trustees. Annual Report and Ststement of Receipts and Payments and Assets and Liabilitles
st
For the year ended 31 December 2024
Charlty Number 104881
Holy Trinity Church Portrush - Parish of Ballywillan

Receipt5 and Payments Account for the year ended 31$1 December 2024
Unrestrlcted
Funds
2024
Restrlrted
Funds
2024
Endowment
Funds
2024
Total
2024
Total
2023
Note
Recel ts
Envelope & plate collertion
Proceeds from Fund Raising Events
Legacies
77.522
17,436
31,091
21,884
99,406
17,436
31,091
95.501
12,199
36,025
Bank & Deposit interest
Investment income
Rental of premises
Sale of assets
Sale of investments
Grants
Receipts from General Trustees
Other Receipts
Receipts from Parish Organisations
206
4.636
870
206
4,636
870
204
4.525
130
17,761
17,761
2,000
19,712
2,000
Total Recel
151,522
21,884
173,406
170,296
Pa
ments
Wages and Salarles
Diocesan Costs/Assessment
Church Running Costs
Glebe Costs
Parish Centre Costs
Administration Costs
Fundraising Costs
Charitable Donations
Payments to Parish Organisations
61,620
22.742
13.066
9,591
25,789
10,389
586
2.629
61,620
22,742
13,066
32,397
25,789
10,389
586
2,629
62,254
20,961
10,860
12,324
36,161
9,259
29
824
1380
22,806
io
Total Pa
ments
146A12
22,806
169,218
154,052
Excess of Recelpts over Payments for the
year before transfers
4,188
16,244
Transfers
Ex￿sS of Recelpts over Payments for the
vear
{922)
On Behalf of the Trustees
Trustee I
Trustee 2£-
Oate
Holy Ti'inity Church Portrush - Parish of Ballywillan

statement of A55ets and Liablllties as at 31 December 2024
Unrestricted Restricted Endowment
Funds
Funds
Funds
2024
2024
2024
Total
2024
Total
2023
Cash Funds
Current Accounts
Deposit Accounts
Total Cash Funds
55,716
55,716
43,387
99,103
50,607
44,309
94,916
43,387
43.387
55,716
Investment Assets
Equity Investments
Other Listed Investments
Investrnents in RCB / CIT
Unit Trusts
other unlisted investments
Investment Properties
Total Investment Assets
44,022
44,022
49,082
44,022
44,022
49,082
Assets retained for the
Parish's own use
Parish Centre (Loan)
Glebe House
Fixtures and Fittings
Total Assets retained for
the Parish's own use
Total assets
11,856)
11,856)
325,000
6,000
329,144
124,904)
325,000
6,000
306,096
325,000
6,000
331,000
(1,856)
374,387
53,860
44,022
472,269
450,094
On Behalf of the Trustees
Trustee I
Trustee I
Oate
Holy Trinity Church Portrush - Parish of Ballywillan

Notes to the finan¢lal statements for the year ended December 2024
Accountlng policles
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
la) Receipts 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.
(b) Statement of Asset5 and Llabllities
This year's report has reflected the assets and liabilities at 31 December 2024
(l) Assets retalnedfor the Parlsh's own use
The a55ets of the Parish are outllned below. and are retained for its own use comprislng:_
Church Buildlng and Parochial House
Parish Centre (Provided by the Church of Irdand Board of Education) historically referred to as the Kelly
Memorial Hall
Glebe House (Rectory)
Fixtures and fittings
The Church Bulldlng and Parochlal House
These are deemed to be Heritage assets as defined by the Charities SORP IFR5102}
These Heritage assets are not included in the statement of a55ets and liabillties 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 Parlsh Centre
Our Parish Centre was built in 1886 as a National School. There are no reliable records of the cost of this
construction/ acquisition and valuation approach for such a building lacks sufficient reliability. As a result, thi5
buildlng is not recognised in the parish statement of assets and liabilities.
The Glebe House (Rertory)
Our Rectory is valued at domestic rateable value. No depreciation has been provided on the glebe house as the
current estimated residual value is not less than its carrying value and the remaining useful life currently
exceeds 50 years.
Fixture5 and Fittings are recognised at cost and are depreciated on a straight-line basis over a period of io years
and are now at a residual as the last significant expenditure vffis 2005.
111 Investments
Fixed asset Investments comprising investment properties. investments in equities lordinary shares) and
investment in RC8/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
impairmenL
Holy Trinity Church Portrush- Parish of Ballywillan
10

Notes to the flnanclal statements for the year ended 2024 Icontlnuedl
Illl Endowment funds
The capital of Endowment Funds is to be retained either permanently or at the Congregations discretion: the
income derived from the endowment is to be used a5 either restricted or unrestricted funds depending on the
purpose for which the endowment was establlshed in the first place.
Reconcillation of Cash Funds
Total Cash Funds at Beginnin8
of the year
Receipts for the Year
Payments for the Year
94,917
173.406
(169.2181
Total Cash Funds at end of the
year
99,105
Movement in Funds
At I" Jan
2024
Incoming
Resources
Outgolng
Resources
At 31 Dec
2024
Transfers
Restrlcted funds
Buildlng Fund
44.309
21.884
22.806
43.387
44,309
21.884
22,806
43,387
Unrestricted fvnds
Oesignated Fabrlc Fund
Flower Fund
Designated Music Fund
Sunday School Fund
General Fund
500
196
500
500
186
500
278
54,253
55,717
io
30
146.373
146,413
49.104
50.608
151,522
151,522
Total funds
94,917
173,406
169.219
99,104
Pur
oses of Endowment Fund
-Legacy Fund provides a fund for unallocated legacy donations from parishioners. The fund is Intended to
support future community outreach projects
Pur
oses of Restricted Funds
8uildlng Fund: This is a fund to assist with the cost of maintainin8 and improving Parish Buildin8S
Pur
oses of De51
nat d Funds
Fabric Fund: The Trustees have set aside funds for the maintenance of the church property.
Music Fund., The Trustees have set aside funds for the purchase of music resource5 for use in worship.
Flower Fund: This is a fund to provide flowers for display during services of worship
Sunday School Fund: The Trustees have set aside funds for use by the Sunday School.
Holy Trinity Church Portrush- Parish of Ballywillan

Notes to the flnanclal Statements for the
eaf ended 2024
continued
The amounts below have been included in Recelptsfortheyear 2024
Envelope & Plate Collectlons
Unrestrfcted
2024 £
62.823
Restrlcted
2024 £
Totsl 2024
Freewlll Envelopes and electronic payments
Building Fund Envelopes elettronic
payments
Loose Collections
62,823
16,728
16,728
12,555
1,144
5,156
17,711
1.144
1,000
Harvest Thanksgiving
Gift Rev Shona Bell
Proceeds from Fund Raising Events
Unrestrirted
2024 £
11.966
550
460
4460
17
Restrlcted
2024 £
Total 2024
Summer Clothes Sale
Parish Summer Supper
Wine & Cheese
Christmas Tree Festival
11.966
550
460
4460
17
Other receipts
Unrestrlcted
2024 £
1.000
7.918
8,843
Restrlcted
2024 £
Total 2024
Garrett Donation
HMRC Glft Aid January2024
HMRC Glft Ald June 2024
1.000
7,918
8,843
Holy Trinity Church Portrush- Parish of Ballywillan
12

Notes to the financlal statements for the
ear ended 2024
contlnued
The amounts below have been included In payments for the Year under 2024
Church Runnlng Costs
Unrestricted
2024 £
2,674
4,208
892
Re5trirted
2024 £
Total 2024
Electricity
Heating Oil
Water Rates
2,674
4,208
892
CCTV
720
350
729
720
350
Sundries- cleaning etc
Intruder Alarm
CandSes- Paschal advent etc
729
315
315
Communion Wine
Christmas Tree 2023
Telephone & Broadband
Sundry Cost5
Heating Maintenance
160
160
37
37
1,139
266
1,139
266
1,576
1,576
Church Costs- Glebe Property Maintenaftce
Unrestrlcted
2024 £
Restrlcted
2024 £
Totsl 2024
Church External Painting
Parish Centre Lighting Upgrade
Parish Centre AV ref Café Church
Ref CP Hire access equipment
Junckers Flooring Material
CCTV Parish Centre
Electric Gates Installation Parish Centre
Bullders, attendances ref gates
Ref CP Hire access equipment
Engineering of gate5
Bank adjustment
Flooring Installation
Church roof repairs
Smallcost carpets ref stair nosing
Electrical work ref Gates
Plumbing work
Sundry glebe expenses
1,730
1,853
2,298
264
8,716
1,440
2,780
336
269
3,100
20
1,730
1,853
2,298
264
8,716
1,440
2780
336
269
3,100
20
5,520
2,834
550
245
5,520
2,834
550
245
48
394
394
Holy Trinity Church Portrush- Parish of Ballywillan
13

Parish Centre Costs (Kelly Memorial Hall
Unrestricted
2024 £
22,457
3,212
120
Restricted
2024 £
Total 2024
Repayment of Building Loan
Utilities heat light power & water
Contratt Cleaner Windows
22,457
3,212
120
25.789
io
Admlnlstrètion Costs
Unrestricted
2024 £
815
5,476
498
277
884
32
12
375
Restrirted
2024 £
Total 2024
Printing & Stationery
Insurances
Telephone
Copyright Licence
Rectorfs Office allowance
Administrator expenses
SL¢ndry Expenses
Omega Software Support
Audit Fee
FWO 8F Envelopes
Bank Fees
815
5,476
498
277
884
32
12
375
990
844
186
990
844
186
li
Transactlons wlth the Trustees
The parish paid expenses of £1588 relatlng to the running costs of the glebe house which Is occupied by the Rector. No
trustee received any remuneration for work undertaken.
Relmbursement of expenses during the year 2024 to Trustees were as follows.
Trustee Name
Purpose
Unrestrlcted
Fund5 £
Totol£
Ivan Bell
Canon Peter
McDowell
Dennis Melville
Glebe Expen5e5
Rectory- Heating oil
394
1588
394
1588
Church Running Costs
762
762
12
Governance Costs
Governance costs were £990 Incurred during the year ending 2024 for the annual audit fee.
Holy Trinity Church Portrush - Parish of Ballywillan
14