Killesher Parish
Statement of Receipts and Payments
for the year ended 31[st] December 2024
NI Charities Number: 105442
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Killesher Parish
Receipts and Payments Account for the year ended 31st December 2024
| Notes Receipts Donations & plate collection (general) 1 Donations & plate collection for charitable appeals 2 Proceeds from Fund Raising Events 3 Legacies 4 Bank & Deposit interest Gift Aid 5 Investment income 6 Rental of Glebe Land Rental of Church property 7 Sunday School Income Graveyard and Funeral Receipts Sale of assets Other Receipts 8 Receipts from Parish Organisation’s Grants 9 Total Receipts |
Unrestricted Funds 2024 £ 41,210.88 4,743.07 25.00 0.00 71.86 0.00 1,104.95 200.00 10,750.00 0.00 955.00 0.00 1,269.17 0.00 0.00 60,329.93 |
Restricted Funds 2024 £ 1,727.66 1,094.75 7,562.10 174.58 500.00 11,059.09 |
Endowment Funds 2024 £ 0.00 |
Total 2024 £ 42,938.54 5,837.82 7,587.10 £0.00 246.44 0.00 1,104.95 200.00 10,750.00 0.00 955.00 0.00 1,789.17 0.00 0.00 |
|---|---|---|---|---|
| 71,389.02 |
Notes:
-
1 - Restricted donations - £1,727.66 for Druminiskill Chapel of Ease.
-
2 - Easter Appeal, Harvest Appeal, Christmas Appeal etc. Plate collections for Lent and Poppy Appeal. Monies raised to support Alan Dourish’s work with Logos Ministries International £212.00 and Andrew & Joanne Quill’s work with CMSI £882.75 are placed in restricted funds.
-
3 - Fund raising events - Auction 2023 £5.00 + £20,00 donation to cake sale to general funds; Little Seeds £7,532.10 & residual of £30.00 from Christmas Tree Festival 2023 as designated funds
-
4 - No legacies received in 2024.
-
5 - No Gift Aid received in 2023 (2023 Gift Aid received January 2025).
-
6 - RCB Unit Trust Income.
-
7 - Rent of Investment Property in Poole £10,500.00, donation for use of annexe £250.00.
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8 - Income from NIE Wayleaves payment, Action Renewables, subscriptions for Diocesan Magazine, donations for parish BBQ; £500 donation for refurbishment of the church PA system
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9 - No grants received in 2024
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10 - Killesher Parish Assessment £66,817.90.
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11 - Maintenance of church and graveyard, utilities and £100.00 to Diocesan Church Repair Fund.
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12 - Maintenance and utilities.
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13 - Rates, utilities and maintenance
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14 - Maintenance and utilities.
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15 - 50% of insurance £600.00 and contribution towards maintenance costs as Parish is co-owner.
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16 - Ground rent for investment property in Poole 2023 and 2024, insurance, maintenance and fees.
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17 - For details of donations see collections for 3[rd] Parties below. Payment to Logos Ministries £850.00 and CMSI £600.00 come from restricted funds raised in previous years.
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18 - CCLI licence
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19 - Gifts for Organists and Musicians £600.00; Sexton at Druminiskill £300.00.
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20 - Killinagh - £1,424.25;PA System upgrade £3,750.00 and church flowers £70,00.
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Killesher Parish
Receipts and Payments Account for the year ended 31st December 2024
| Notes Payments Wages and Salaries Diocesan Costs/Assessment 10 St John's Church Running Costs 11 Druminiskill Chapel of Ease Running Costs 12 Glebe Costs 13 St John's Annexe Running Costs 14 Parish Insurance Old Gate Hall 15 Poole Property Running Costs 16 Administration Costs Charitable Donations 17 Sunday School Running Costs Service costs 18 Bank Charges Catering Honoraria and Gifts 19 Events Miscellaneous expenses 20 Total Payments Excess of Receipts over Payments for the year before transfers Transfers Excess of Receipts over Payments for the year Treasurer – Dr Nicholas Lipscomb Secretary – Mrs Pamela Crozier |
Unrestricted Funds 2024 £ 0.00 66,817.90 3,722.45 3,861.83 2,091.12 2,346.14 4,323.23 £984.00 3,281.19 408.78 4,743.07 273.40 170.00 272.34 746.61 900.00 0.00 5,244.45 100,186.51 -39,876.58 -39,876.58 |
Restricted Funds 2024 £ 2,600.00 1,450.00 17.85 4,067.85 7,011.24 7,011.24 |
Endowment Funds 2024 £ 0.00 0.00 0.00 |
Total 2024 £ 0.00 66,817.90 3,722.45 6,461.83 2,091.12 2,346.14 4,323.23 984.00 3,281.19 408.78 6,193.07 273.40 170.00 290.19 746.61 900.00 0.00 5,244.45 |
|---|---|---|---|---|
| 104,254.36 | ||||
| -32,865.34 0.00 |
||||
| -32,865.34 | ||||
Date: 30[th] October 2025
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Killesher Parish
Statement of Assets and Liabilities as at 31[st] December 2024
| Cash Funds Current Accounts Cash in Hand Funds Held by the Diocese Total Cash Funds Investment Assets Investments in RCB General Unit Trusts NI Investment Properties Total Investment Assets Assets retained for the Parish’s own use Glebe House Total Assets retained for the Parish’s own use On Behalf of the Trustees: Treasurer – Dr Nicholas Lipscomb |
Unrestricted Funds 2024 £ Restricted Funds 2024 £ Endowment Funds 2024 £ Total 2024 £ (4,713.94) 59,105.92 54,391.98 130.66 130.66 17,272.78 17,272.78 |
|---|---|
| (4,713.94) 76,509.36 71,795.42 |
|
| 79,367.00 79,367.00 99,999.00 99,999.00 |
|
| 179,366.00 179,366.00 |
|
| 250,000.00 250,000.00 |
|
| 250,000.00 250,000.00 |
|
Secretary – Mrs Pamela Crozier
Date: 30[th] October 2025
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Killesher Parish
Notes to the financial statements for the year ended 31[st] December 2024
1. Accounting 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 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:-
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St John’s Church, Florencecourt - Building and Graveyard
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Druminiskill Chapel of Ease - Building and Graveyard
-
St John’s Church Annexe
-
Druminiskill Hall
-
Glebe House
The Church Buildings and Graveyards are deemed to be Heritage assets as defined by the Charities SORP (FRS102).
These Heritage assets are not included in the statement of assets and liabilities 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.
St John’s Annexe was built in 1999. There are no reliable records of the cost of this construction and 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.
Druminiskill Hall was built in 2004. There are no reliable records of the cost of this construction and 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.
The Glebe House is recognised at cost being the estimated fair value of the property at 20[th] October 2018. 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.
These properties are all vested in the RCB.
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Killesher Parish
Notes to the financial statements for the year ended 31[st] December 2024
ii) Investments
-
RCB General Unit Trust (NI)
-
Commercial Property in Poole
-
16 acres Glebe Land
Fixed asset investments comprising investment properties, investments in equities (ordinary shares) and investment in RCB Unit Trusts are initially recorded at cost and are then subsequently stated at fair value at each year end date.
The Parish owns a commercial property in Poole, England. This has its own group of independent Trustees. The Parish pays ground rent and insurance on this property and receives a quarterly income. This property is recognised at cost being the estimated fair value of the property at 20[th] October 2018. No depreciation has been provided on the property as the current estimated residual value is not less than its carrying value and the remaining useful life currently exceeds 50 years.
The Parish owns 16 acres of Glebe land, which is vested in the RCB. This land is rented to two local farmers for agricultural use.
iii) Assets co-owned by the Parish
- Old Gate Hall, Florencecourt
Old Gate Hall, Florencecourt – The Parish owns 50% of this property (the remainder is owned by Loyal Orange Lodge 362) which is managed under its own constitution by its own board of Trustees. The Parish is liable for 50% of the annual insurance of the Old Gate Hall and contributes to ad hoc maintenance costs when these cannot be met from the Hall’s own funds. There are no reliable records of the cost of this construction and 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.
2. Reconciliation of Cash Funds
| Total Cash Funds at Beginning of the year Receipts for the Year Payments for the Year (Banked in Sunday School Fund) Total Cash Funds at end of the year |
£ 130.66 0.00 0.00 |
|---|---|
| 130.66 |
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Killesher Parish
Notes to the financial statements for the year ended 31[st] December 2024 (continued)
3. Movement in Funds
| . Movement in Funds | |||||
|---|---|---|---|---|---|
| Endowment funds In Memory Evelyn Armstrong In Memory Reggie Johnston In Memory Robert Johnston In Memory Thomas Hamilton In Memory Maud Cunningham Restricted funds Logos Ministries CMSI - Quills Defibrillator Account Annexe No 3 Account – Druminiskill Vacancy Fund (Held by Diocese) Designated funds Worship Development Fund Sunday School Graveyard Capital Expenditure Fund Little Seeds Funds Total funds |
At 1 Jan 2024 £ 11,000.00 1,160.00 1,000.00 305.00 2,500.00 |
Incoming Resources £ |
Outgoing Resources £ |
Transfers £ |
At 31 Dec 2024 £ 11,000.00 1,160.00 1,000.00 305.00 2,500.00 |
| 15,965.00 773.28 954.41 379.95 257.40 12,668.89 15,252.78 30,286.71 1,434.20 33.39 1,654.02 14,689.54 7,328.00 25,139.15 71,390.86 |
212.00 882.75 1,902.24 2,020.00 5,016.99 500.00 30.00 7,532.10 8,062.10 13,079.09 |
(850.00) (600.00) (2,617.85) (4,067.85) (3,750.00) (273.40) (4,023.40) (8091.25) |
15,965.00 | ||
| 135.28 1,237.16 379.95 257.40 11,953.28 17,272.78 |
|||||
| 31,235.85 | |||||
| (1,815.80) (240.01) 1,654.02 14,719.54 14,860.10 |
|||||
| 29,177.85 | |||||
| 76,378.70 |
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Killesher Parish
Notes to the financial statements for the year ended 31[st] December 2024 (continued)
Purposes of Endowment Funds
-
Evelyn Armstrong Fund - parish reserve fund
-
Reggie Johnston Fund; Robert Johnston Fund, Thomas Hamilton Fund and Maud Cunningham Fund are the remaining proceeds from various bequests and donations made to the Parish to be used as stated by the donor in the bequest or at time of donation.
Purposes of Restricted Funds
-
Logos Ministries Fund – used to support Mr Alan Dourish working as a missionary with Logos Ministries.
-
CMSI Quill’s Fund - used to support Rev Andrew and Mrs Joanne Quill working as missionaries with CMSI.
-
Defibrillator Fund – for the purchase, maintenance and training costs of defibrillators on parish properties.
-
Annexe Fund – for capital expenses relating to St John’s Annexe
-
No 3 Account Druminiskill – Expenditure relating to Druminiskill Chapel of Ease including its Hall and Graveyard.
Purposes of Designated Funds (negative balances in these funds have been covered by unrestricted funds)
-
Worship Development Fund – Costs associated with worship and ministry.
-
Sunday School Fund - Funds set aside for use by the Sunday School.
-
Graveyard Fund – Funds set aside for the maintenance of the Graveyard.
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Capital Expenditure Fund (formerly the Flower Festival Fund) – Funds raised for large projects or one off expenses in the parish includes the residual of the monies raised for 2013 Flower Festival and proceeds of 2023 Christmas Tree Festival.
-
Little Seeds Funds - Proceeds of the Little Seeds fundraisers.
Funds Held by Kilmore, Elphin and Ardagh Diocese on Behalf of the Parish
- Vacancy Fund – Funds from parish assessment during the period between rectors – used by the diocese to provide services in the parish during the vacancy and the balance is used for maintenance and renovation of the Glebe. In addition, both Killesher and Killinagh Parishes pay into this fund via their diocesan annual assessment for maintenance of the rectory following the building of a single rectory for the group of parishes. These funds to be used for maintenance and renovation of the glebe.
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Killesher Parish
Notes to the financial statements for the year ended 31[st] December 2024 (continued)
4. Collections for Third Parties
| Food Bank (Lent Collection) Action for Children (Easter Appeal) Asia Link (Easter Appeal) Bishop's Training Fund Lord Enniskillen Memorial Orange Orphan Society RBP903 - Black Parade MND Association (Harvest Appeal) Royal British Legion Poppy Appeal Asia Link (Christmas Appeal) Samaritans (Christmas Appeal) Logos Ministries CMSI |
2024 £ 353.05 578.55 578.55 240.00 418.26 168.00 770.05 390.30 623.15 623.16 850.00 600.00 |
|---|---|
| 6,193.07 |
The above amounts have been included in Receipts for the Year under “Donations & plate collection for charitable appeals” and in Payments for the year under “Charitable Donations”. The donations to Logos Ministries of £850.00 and CMSI £600.00 are from funds raised previously and held in a restricted funds the figure for monies raised in 2024 is detailed under restricted funds above.
5. Transactions with the Trustees
One of the Trustees rents part of the Glebe Land for £200.00.
Trustees were paid £1,880.00 for maintenance work undertaken and £618.02 to supply catering. Total paid to trustees = £2, 498.02.
6. Governance Costs
No governance costs were incurred during the year. Governance costs are included within Administration costs in the Receipts and Payments Accounts.
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