MULLAGHDUN CHURCH OF IRELAND REFERENCES AND ADMINISTRATIVE DETAILS FOR THE YEAR EINDED 31 DECEMBER 2023 Charity Name: Mullaghdun Church of Ireland Charity Registration Number: 105420 Contact Address: 8 Moybane Road Gardrum Letterbreen County Fermanagh BT74 9DT Trustees Mr R A Watterson Mrs C V Nixon Mrs A Wilson Mrs H J Benson (Appointed 20104123) Mr D W T Benson Mr G W Carson Mr J Clements Mr J D Coalter Mr M Coalter Mr T G Gallagher Mr W R Gibson (Appointed 20104123) MrGRLucy Mr G Mccutcheon (Resigned 20104123) Principal Office-bearers Clergy: Church Treasurer: Church Warden- Clergy: Church Warden - People Glebe Warden- Clergy: Glebe Warden- People: Canon Jennifer Mcwhirter Mrs C V Nixon Mrs H E Carson Mr A S G Humphreys Mr T H Elliott Mr J S Moffatt IndependeDt Examiner Hassard Mcclements Limited 32 East Bridge Street Enniskillen County Fernianagh BT74 7BT Bankers Ulster tsank 16 Darling Strcet Enniskillen County Femianagh BT74 7ER MULLAGHDUN CHURCH OF IRELAND li RECEIvfs AND PAYMEiYfs AccouNr FOR THE YEAR ENDED 31 DECEMBER 2023 Unrestricted Reslricted Funds Funds 2023 Tolal 2023 Total 2022 Note 2023 Reeei Donations and Plat¢ Collection Proceeds from Fundraising Events Legacies Bank and Deposit Interest Investment Income Rental of Premises Other Receipts Tolal Recei Is 31,391 4.793 31,391 4.793 29,015 4.705 1.800 87 559 559 3,564 1.640 10.903 52,850 3,564 1,640 10.903 52,850 1,819 1.190 6,313 44,929 ments Diocesan Costs / Assessment 16,559 5.939 16.559 5.939 17,801 3,983 .337 29.548 1,221 730 Church Running Costs Glebe Costs Glebe Renovations Parish Centre Costs Independent Examiner Fee Charitable Donations Bank Charges Gifts Magazines Church and Hall insurdnce Fundraising Sunday School Total Pa ments 2,945 765 2,945 765 3.241 165 3.241 165 3.775 130 733 622 733 622 500 477 1,710 1.300 186 .710 1.300 186 34,165 1,607 34,165 61,109 Excess of Receipts over Payments for the year 18,685 18.685 (16,180) On behalf of the Trustees anoh Jennifer Mcwhirter irfd Mrs Caroline Nixon Date: /q/J/2oL MULLAGHDUN CHURCH OF IRELAND STATEMENT OF ASSETS AND LIABILrrIES AS AT 31 DECEMBER 2023 Unrestricted Funds 2023 Total Total 2023 2022 Cash Funds Cu￿ent Accounts 10.198 10,198 51,)95 61,593 7.469 35,439 42,908 Deposit Accounts Total Cash Funds 51.395 61,593 Investment Assets Equity Investmenis Investments in RCB I CIT Unit Trusts Other Unlisied Investments 3,525 9,580 76.000 3,5?5 9,580 76,000 89,105 3,525 9,580 76,000 89,105 Total Investment Assels 89,105 On Behalf of the Trustees Canon ennifer Mcwhirter Mrs Caroline Nixon Date: MULLAGItDUN CHURCH OF IRELAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 l. Accounling policies 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. a) Receipts and Payments Account All items of income and expenditu￿ included within the Receipts and Payments Account have been accounted for on a cash receipts basis. b) Si8tement 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 Grdveyard The Church Building and Graveyard are deemed to be Heritage assets 15 defined by the Charities SORP (FRS 102). These Heritage assets are nol included in the Statement of Assets and Liabiliiies as infonnation on the cost or valuation 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 Parish Centre The Parish Centre was built l acquired in 2000. 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. ii) Investments Fixed asset investments comprising investhient properties, investments equities (ordinary share5) and investment in RCBICIT 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 impairnient. MULLAGHDUN CHL',RCH OF IRELAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 2. Reeon¢iliation of Cash Funds Total cash funds at beginning of the year Receipts for the year Payments for the year Total cash funds at end of the year 42,908 52,850 (34,165) 61,593 3. Funds of the Parish Al Incoming Resources Oulgoing Resources At 1.01.2023 Transfers 31.12.2023 Unrestricted funds General Fund 132.013 52.850 (34,165) 150,698 4. Collection for Tbird Parties No collections were made on behalf of Third Parties. 5. Transactions with the Trustees No trustee received any remuneration or reimbursement of expenses during the year. No trustee or a person related to a trustee had any personal interest in any contract or trdnsaction entered into by the charity during the year.