Receipts and Payments Account for the year ended 31 December 2024
Unrestricted Designated Restricted Endowment
funds
fuDds
funds
fund5
2024
2024
2024
2024
Total
fllnds
2024
Total
funds
2023
Receipts
Donations & plate collections
Proceeds from Fund Raising Events
Legacies
Bank & Deposit inler¢st
Investment income
R¢ntal of pr¢mises
Grants
Other Rec¢ipts
Receipls from Parish Organisations
Total Re¢¢lpts
69,692.07
7,505.68
1,000.00
4,899.44
2,203.59
71,895.66 78,036.30
7,505.68 7.772.05
1,000.00
4,899.44
500,16
113.15
104.31
285.00
700.00
540.00 2,500,00
655.65 J.220.00
1029.20 1.043.00
8&723.7
91,875.82
113.15
285.00
540.00
655.65
1.829.20
4,037N 1029.20 2856.74
P4yJnents
Diocesan CostslAs$essment
Church & Hall Running Costs
Gleb£iRectory Costs
Administrative Costs
Fundraising Costs
Charitsble Donations
Paym¢nts from Parish OrganisatioDS
Funds Transf¢￿ed to Inveslments
Total Payment8
59,137.66
8,645.45
1,806.50
2,719.14
922.40
2,850.51
582.14 2,015.24
113.15
540.00
59,250.81 60,873.28
9,185.45 11,710.94
1,806.50 1.267.32
2.719.14 3.964.90
922.40
225.00
5,054.10 4.472.60
2.597J8 1,432.90
2,000.IM)
85,946.94
2,203.59
6 663.80 2,01524 2 856.74
Ex¢essl(Defi¢it) of receipts over
p#ymentJ for tbe year befor¢ trAnsfers
7J74.04 (186.04)
7,188.00 5.928.88
Transfers
Gross transfers betwe¢n funds- in
Gross transfers between funds- out
ExeessllDefieit} of recelpt$
over paymeDts for the year
J74.04
186.IM
7,188.0
5,928.88
On Behalf of the Trustees
Trustee I
AIrw
Rector
Trustee 2
Church Treasurer
Page 7

Statement of Assets and Liabilities as at 31 December 2024
Unrestrl¢ted Deslgngted Restslcted Endowment
Fund$
FuDds
Fund5
Funds
2024
2024
2024
2024
Total
Funds
2024
Totsl
Funds
2023
Cash Funds
General Pujposes Ac¢ount
47,512.15
47,512.15 54,838.68
Maintenance A¢￿ullt
16,484.64
16,484.04
11.799.25
Danske Savings Account
60,1)(K).00
00,000,•0 50,000.00
Progressive Savings Account
29.07
29.07
13.89
Bowling aub Bank
A¢¢ount & Cash Balance
945.54
945.54
867.11
Young at Heart A¢￿t
1,113.73
1,113.73
1.378.20
Total C8sh Fund$
I24,025￿6
2,059.27
126,085.13
118,897.13
Invesrtm￿t A8gets
Fixed Temi Deposit
Account Bequests
68,663.15
68,663.15 68,663.15
RCB Investments
9,820.84
9,820.84
9,512.67
Tot21 Jnvestment Assets
7&483.99 78.483,99
78,175.82
Assets retained for the
Partsh*s own llse
Church Hall
300.000.00
300,iKIO.110 300,000.00
Glebe House/Rectory
180,000.00
180,IKIO.00 180,000.00
Fixtures and Fittings
886.00
1,77J.00
Total Assets retaln¢d for the
Partsh's own use
480,886.00
480.886.00
481,771.00
Tot￿ Assets
604911.86
2,059.27
78883.99 685,455.12
678,843.95
On Behalf of the Trustees
Trustee I
AIrw
Rector
Trustee 2
RJo34)￿Ke￿
Church Treasvrer
Page 8

Notes to the financiaI statements for the year ended 31 December 2024
l. Accountlng 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) Recelpts and Paymen
Account
All items of income and expenditure included within the Receipts and Payrnenls Arxount have
been accounted for on a cash receipts basis.
(b) Statement of Assets and Liabllities
(i) Assets retainedfor the Pan"sh's oFvn Use
The assets of the Parish, retained for its own use comprise:_
Church Building and Grav¢yard
Church Hall
Glebe HouselRectory
Fixtures and fittings
The Church Building and Graveyard are deemed to be HeTitsge assets as defined by the
Charities SORP (FRS102). These Heritage assets are not included in the statemeni of assets and
liabilities as infonnation on the cost or valuation is not available and such inforniation cannot
be obtained at a cost cornmensurate with the b¢nefit to the users of th¢ 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 Jiabiliti¢s at its approximate cost of ConStn￿tion. 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 currently ¢xceeds 50 years.
The Glebe House/Rectory is recognised at deemed cost, being the capital value placed on the
propety for Rates purposes. No depreciation has been provided on the Glebe House/R¢ctory as
the current estimated residual value is not less than its Carrying value and the r¢maining useful
life currently exceeds 50 years.
Fixtures and Fittings are recognised at cost and are depreciated on a straight line basis over a
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 r￿ed asset.
(Al) Investments
Fixed asset investments comprising Fixed Tern] Deposit Account Bequests and Rq)resentative
Church Body (RCB) Investments 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 2024 (continued)
2. Reconcillation of Cash Funds
Total Cash Funds at Beginning of the year
R¢ceipts for the Year
Payments for the Year
Totsl Cash Funds at end of the year
118.897.13
88,723.78
(81,535.78
£126,085.13
3. Movement in Funds
Atll*n
Itstowlnz
RMovrE
At31 D¢t
20
RtlOUY¢¢I
Drw¢¢latloD
FiiedT¢rni De￿it
6L663.15
RCB InYestDbMLts
9,512.67
3D8.I7
9,820.84
78.175.82
308.17
483.99
185&74
(1856.74}
1856.74
(1856.741
{4YJ.271
15.54
DeSi￿a￿dBOwlIDSelllb Fwd
867.11
571.70
D￿lsu*dy0ull8 ￿ H¢¥rt Fund
1.378.20
1257.50
11521.97)
1,113.73
G¢yYtwl F￿lld
598,422.82
84.037.84
(16,663.801
(855,DD)
6(M.911J6
6￿,668.13
¥5I67.04
78,679.04)
1885.OD}
6￿5.971.13
678.843,95
88,723.78
181.535.78)
(885.ODI
308.17
685,455.12
Totsl fvnds
ses of Endowment Funds
The Fixed Tern) Deposit Account Bequests and the RCB Investments relaie to various
pennanent endowments that the Church h&8 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: Thes¢ relate to various sundry restricted monies received.
Page 10

Notes to the fmancial statements for the year ended 31 December 2024 (continued)
3. Movement in Funds (continued)
ses of Desi
ted Funds
Bowling Club Fund: Th¢se fimds have been set aside for the activities of the Church's Bowling
Club.
- Young at Heart Fund: These funds have been set aside for the activities of the Chwch's Young at
Heart Group.
4. Collections for Thlrd Parties
Mission Funds
LEMOOS
Earl Haig Fund
Brooke Hous¢
Clogher Diocesan Ministries Fund
794.49
300.40
182.55
730.00
196.15
£2,203.59
The above amounts have been included in Receipts for th¢ Year under "Donations & plate collections"
and in Payments for the year under'charitable Donations"
5. Transa¢tRons Ivith the Trnstees
The Church paid expenses of £1,806.50 during the year relating to the running costs of the Glebe
House/R¢ctory, which is occupied by the Rector.
6. Governance Costs
Governance costs of £618 were incurred during the yvar ended 31 December 2024 which solely relate
to fees paid to the Independent Examiner of the Church's accounts. Gov¢rnance costs are included
within Administrative Costs in the Receipts and Payments Accounts.
Page 11