Receipts and Payments Account for the year ended 31 December 2023
Unrestri¢ted Designated Restricted EDdowm¢nt
funds
fuDds
fvnds
2023
2023
2023
Total
funds
2023
Total
funds
2022
2023
Receipts
Donations & plate collectiolls
Proceeds from Fund Raising Ev¢nts
Legacies
Bank & Deposit interest
Investment income
Rcntal of pr¢mises
76,732.63
6.802.05
1,303.67
970.00
78,036JO 72,896.40
7.772.05 5,624.00
500.16
500.16
646.15
104.31
99.89
700.00
270.00
2,500.00 1.512.00
1,220.00 1,023.00
1,043.00
756.80
91,875.8
82.828.24
104.31
700.00
2,500.00
Oth¢r Receipts
Receipts from Parish Organisations
Total Receipts
1.220.00
1,043.00
,954.84 1,043.iX1 4,877.98
Payments
Diocesan CostslAssessment
Church & Hall Running Costs
GlebelRectory Costs
Administrative Costs
Fundraising Costs
Charitable Donations
Paynents from PaTish Organisations
Fun(Ls TransfeThed to Inveslments
Total Payments
60.768.97
9,210.94
1267.32
3.964.90
225.00
2,198.93
488.86
104.31
2,500.00
60,87328 51,940.02
11,710.94 8,761.82
1267J2 1,487.37
3964.90 4,115.91
225.1)0
225.00
4,472.60 3,628.99
1,432.90 1,863.37
2,000.00 2,000.110
944.04 4,877.98 2,000.00 85,946.9
2,273.67
,124.92
72.022.48
Exeessl(Deficit) of receipts over
payments for the year before transfers
7,829.92
98.96
(2,000.00) 5J28.88 10.805.76
Transfers
Gross transfers between fi]nds - in
Gross transfers between fimds - out
1,000.00 1,000.00
(1,000.00)
{I,000.00)
Ex¢essl(Defi¢lt) of rec¢lpts
over payments for the year
29.92
98.96
i 000.00
5,928
10,805.76
On Behalf of the Trustees
Trnstee I
A Irww
Rector
Trnstee 2
R Jos4)IvKey
Chureh Treasurer
Page 7

Statement of Assets and Liabllities as at 31 December 2023
Unrestrieted Dtslgnated Restrlcted EDdoJYment
Funds
Fwnds
Funds
Fnnds
2023
2023
2023
2023
Tolal
Fllnds
2023
Totsl
Funds
2022
Casb Fund8
General Purpose5 Account
54,838.68
54038.68 49,329.59
Maintenan¢¢ ACco￿t
11,799.25
11,79925 11.573.97
Santander Savings Arxount
47,915.32
Danske Savin88 Account
50.000.00
50.0011.00
Progressive Savings Account
13.89
13.89
2,003.02
Bowling Club Bank
Account & Cash Balance
867.11
867.11
698.58
Young at Heart Ae¢ount
,378.20
iJ78.20
1,447.77
Totsl Cash Funds
IIA651J2
2,245.31
118,897.13
112,968.25
Investment Assets
Fixed Terni Deposit
Account Bequests
68.663.15 68,663.15 66,663.15
RCB Ittvestments
9,512.67
9￿12.67
9,360.85
Total Investment A81¢ts
78,175.82 78,175.82
76,024.00
Assels retalned for the
Parllh's own use
Chur¢h Hall
300,000.00
31KI,000.00 300,(M)O.00
Glebe House/Rectory
180,000.00
180,IKIO.00 180,000.00
Fixtsres and Fittings
1,771.00
1,771.00
2,875,00
Totsl Assels retslned for tbe
Parf$h's own use
481,771.00
481,771.00
482,875.00
Totsl Assets
598,422A2
2245.31
78,175.82 678,843.95
671.86725
On Behalf of the Trustee5
Trustee I
AIrw
Rector
Thistee 2
RJo>olvKey
Church Treasurer
Page 8

Notes to the financial statements for the year ended 31 December 2023
l. Accounting polities
Set out below are the principal accounting policies which have been adopted in th¢ compilation of th¢
Receipts and Payments Account and the Statement of Assets and Liabilities
(a) Re¢eApts and Payments A¢count
All items of income and expenditure included within the Receipts and Payments Accouni have
been accounted for on a cash receipts basis.
(b) Statement of Assets gnd Liabilltles
(i) Asseis retainedfor the Porish's own use
The assets of the Parish, retained for its own use comprise:.
Church Building and Graveyard
Church Hall
Glebe Housefftectory
Fixtures and fittings
The Church Building aDd Graveyard are deemed to be H¢ritage assets as defined by the
Charities SORP (FRS102). These Heritage assets are not included in the statement of assets and
liabilities as infonnation on the cost or valuation is not available and such inforniation cannot
be obtained at a cost commensurat¢ with the benefit to the users of the accounts and to the
Parish.
The Church Hall was built around 200612007 and was officially opened in 2007. It is
recognised in the statement of assets and liabiliti¢s at its approximate cost of construction. No
depreciation has been provided on the Church Hall as its current estimated residual value is not
less than its carrying value and the remaining useful life cU￿entlY exceeds 50 years.
The Glebe HouselRectory is recognised at deemed cost, being the capital value placed on the
propety for Rates purposes. No depreciation has been provided on the Glebe HouselRectory as
the current estimated residual value is not less than its carrying value and the remaining us¢ful
life currently exceeds 50 years.
Fixtures and Fittings are recognised at Cost and are depreciated on a straight line basis over
period of 5 years. The Church has set a minimum threshold of cost for an item of £1,000 for it
to be considered to be capitalised as a fixed asset.
{fil) Investments
Fixed asset investments comprising Fixed Tenn Deposit Account Bequests and Representative
Church Body (RCB) Investm¢nts are initially recorded at cost and are then subsequently stated
at fair value at each year end date.
Page 9

Notes to the financial statements for the year ended 31 December 2023 (continued)
2. Reconclllation of Cash Funds
Total Cash Funds at Bcginning of the year
Receipts for the Year
Payments for the Year
Totsl Cash Funds at end of the year
112.968.25
91,875.82
(85,946.94)
£118.897.13
3. Movement in Funds
Atqthtd let •f
*nd
D¢pr¢d*d
AtlJ*n
zo
At31 DrE
2011
Rwourc¢y
RtJollrrt4
Fixed T¢nD Dep05il
AriouDI Bequejts
66.663.15
1000.00
68,063.15
Pmmgiv¢ SIThi
o.000.wi
I,OOD.00
60.85
151.82
9.512.67
.LWJD.WI
2,000.00
151.82
78.J75.82
Rutrlctt41 foD
4.877.98
{4.877.981
U•r¢thlttsd fond8
BowliD8 Club F￿4
698.38
536.00
(367.47)
867.11
DES1￿•t￿ Yo)￿•t He¥rt FuDd
1.447.77
507.(XJ
(576.57)
1.378.20
CKnusl FLmd
591696.90
85.9Y.84
&124.92)
11.104.001
598A2182
594.843.25
86.997.84
179.068.96)
{i.(MxJ.00
(1.104.rK)I
61)K668.13
91,875.82
(85.946.94
896.00
151.82
67&84395
T•tsifllDdi
671,867.25
ses of Endowment Funds
The Fixed T¢nn Deposit Account Bequests, the Progressiv¢ Savings Account Monies and the
RCB Investments relate to various pernianent endowments that the Church has received that are
invested with banks or building societies and the Representative Church Body with the income
each year from such investments being paid to the Church for general Church purposes.
ses of Restricted Funds
-sundry Restricted Funds: These relate to various sundry restricted monies received.
Page 10

Notes to the financial statements for the year ended 31 December 2023 (continued)
3. Movement in Funds (continued)
Pu oses of Desi ated Funds
Bowling Club Fund: These funds have been set aside for the activities of the Church's Bowling
Club.
Young at Heart Fund: These funds have been set asid¢ for the activities of the Chuirh's Young at
Heart Group.
4. Collections for Third Parties
Mission Funds
LEMOOS
Earl Haig Fund
Bishops App¢al
692.47
264.00
138.60
208.60
£1,303.67
The above amounts have been included in Receipts for the Year under "Donations & plate collections"
and in Payments for the year under "Charitable Donations"
5. Transaetlons with the Trustees
The Church paid expenses of £1,267.32 during the y¢aT relating to the running costs of th¢ Glebe
HouselRectory, which is occupied by the Rector.
During the year the Select Vesty decided to make a gift of £500.00 each to two Trustees (Mrs Isobel
Kilfedder and Mrs Jean Woods) in respect of Sexton services provided to the Church.
6. Governance Costs
Governance costs of £618 were incuTred during the year ended 31 December 2023 which solely relate
to fees paid to the Independent Examiner of the Church's accounts. Governance costs are included
within Administrative Costs in the Receipts and Payments Accounts.
Page 11