MULLAGHDUN CHURCH OF IRELAND
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2022
Unrestricted Restricted
Funds
Funds
2022
2022
Tol&l
Total
Note
2022
2021
Recei
Donations and Plate Collection
Proceeds from Fundraising Events
Legacies
Bank and Deposit Interest
Investment Income
Rental of Premises
Other Receipts
Total Reeei
t5
29,015
4.705
1,800
87
29,015
4,705
1.800
87
28,868
50
3.000
1.819
1,190
6.313
44,929
1,819
1.190
6,313
44,929
1.142
710
7,977
41,753
ments
Diocesan Costs / Assessment
Church Running Costs
Glebe Costs
Glebe Renovations
Parish Centre Costs
Independent Examiner Fee
Charitable Donations
Bank Charges
Gifts
Magazines
Church and Hall insurance
Sunday School
Total Pa
ments
17,801
3.983
,337
29,548
1,221
730
17,801
3.983
1.337
29.548
1.221
730
19.229
5,494
1,529
2,029
700
3.775
130
3.775
130
3.859
139
500
477
500
477
2,150
192
1,607
1,607
1.540
46
61,109
61,109
36,907
Excess of Receipts over Payments for the year
(16,180)
(16,180)
4846
On behalf of the Trustees
no
Jennifer Mcwhirter
Mrs Caroline Nixon
Date:

MULLAGHDUN CHURCH OF IRELAND
STATEMENT OF ASSETS AND LIABILITIES
AS AT 31 DECEMBER 2022
Unrestricted
Fund5
2022
Total
2022
TotAI
2021
Cash Funds
Current Accounts
Deposit Accounts
Total Cash Funds
7,469
35,439
42,908
7,469
35.439
42,908
5.744
53,344
59,088
Investment Assets
Equity Investments
Investments in RCB I CIT Unit Trusts
Other Unlisted Investments
Total Invtstrnent Assets
3,525
9,580
76,000
89.105
3,525
9.580
76,000
89,105
3,525
9,580
76.000
89.105
On Beh21f of the Trustees
Jennifer Mewhirter
Mrs Caroline Iyixon
Date:
131

MULLAGHDUN CHURCH OF IRELA￿'D
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
l. Accounting pollcles
Set oui below are the principal accounting policies which have been adopted in the compilation of the Receipts and
Payinents Account and the Statement of Assets and Liabilities.
a) 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 Assets and Liabilities
i) Assets retained for the Parish's own use
The assets of the Parish, retained for its own use comprise:
- Church building and graveyard
- Parish Centre
The Church Building and Graveyard
The Church Building and Graveyard are deemed to be Heritage assets as defined by the Charities SORP (FRS 102).
These Heritage assets are not included in the Stat¢meni of Assets and Liabilities as information on the cost or valuation is
not available and such infornution cannot be obtained ai a cost commensurate with the b¢nefit to the users of the
accounts and to the parish.
The Parish Centre
The Parish Centre was built l acquired in 20(X). There are no reliable records of the cost of this construction l acquisition
and therefore the valuation approach for such a building lacks sufficient reliability- As a result this building is not
recognised in the parish Statement of Assets and Liabilities.
11) Investments
Fixed asset investments comprising investmenl properties, investments equities (ordinary shares) and investment in
RCBICIT Unit Tn￿ts 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 &ssessed annually for impairn)ent.

MULLAGHDUN CHURCH OF IRELAND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
2. Reconelliation of Cash Funds
Total cash funds at beginning of the year
Receipts for the year
Pawients for the year
Total cash fund5 at end of the year
59,088
44,929
(61,109)
42,908
3. Funds of the Parish
At
Incoming
Resources
Outgoing
Resources
At
1.01.2022
Transfers 31.12.2022
Unrestricted funds
General Fund
148.193
44.929
(61,109)
132.013
4. Collection for Third Parties
No colleclions were made on behalf of Third Parties.
5. Transactions with the Trustees
The parish paid expenses of £1.337 relating to the nmning of the glebe house which is occupied by the rector. No
trustee re¢eiv¢d any remunerdtion or reimbursement of expenses during the year.
No Iruslee or a person related to a trustee had any personal interest in any contract or transaction entered into by the
charity during the year.