DERRYBRUSK CHURCH OF IRELAND RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 March 2024 Unrestricted Fund5 2024 Re5trirted Funds 2024 Total 2024 Total 2023 Recei Donations and Plate Collections Proceeds from Fund Raising Events Grants Investment Income Bequests 28.682 6.755 28,682 6,755 27.045 2.427 500 2,261 2,240 2,240 Other Receipts 900 484 1.384 1,440 Total Receipts 38,577 39,061 33,673 Pa ment5 Diocesan Costs/Assessment 13,738 13,738 9,748 Church & Grounds repairs Glebe/Rectory Costs Church Light & Power Water Rates Parochial Ministry Overheads Administrative Costs Fundraising Costs Charitable Donation5 Insurance Church Magazines Bank Charges Sundry Total Payments 2,330 1.774 2.748 90 1.050 96 108 1,022 1,394 2,330 1.774 2,748 90 1,050 96 108 1.130 1,394 484 94 280 25,316 1,393 2,760 3,060 81 743 45 I,oio 838 1,380 390 96 300 21,844 108 94 280 24,724 592 Excess of Receipts over Payments for the year before transfers 13853 -108 13745 11828 Transfers Excess of Receipts over Payments for the year 13853 -108 13745 11828 Rev Lindsey Farrell Mr5 Pat icia ydon Date: DERRYBRUSK CHURCH OF IRELAND STATEMENT OF ASSETS AND LIABILITIES AS AT 31 March 2024 Unrestricted Funds 2024 Designated Funds Z024 Restrirted Funds 2024 Total 2024 Total 2023 Cash Fund5 Current Accounts 38.473 38,473 45,477 Deposit Account 49,619 49,619 28,869 Total Cash Funds 88,092 88,092 74,346 Investment Assets Other Listed Investments Rental Property Investments in RCBICIT Unit Trusts 410 63,984 64,394 62,330 Total Investment Assets 410 63,984 64,394 62,330 Assets retained for the Parish's use Church & Graveyard Note l(b) Total assets retained for the Pari5h'5 use Total Assets 152 485 136 676 On behalf of the Trustees Rev Lindsey Farrell Mr5 Pat ia don Date: DERRYBRUSK CHURCH OF IRELAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2024 l. Accounting policie5 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 Payment5 Account All items of income and expenditure included within the Receipt5 and Payments Account have been accounted for on a cash receipts basis. b) Statement of Assets and Libilities i) The assets of the Parish, retained for its own use comprise: Church Building and Graveyard The Church Building and Graveyard are deemed to be Heritage assets as defined by the Charities SORP {FRS 1021. These Heritage assets are not included in the statement of a55ets and liabilitie5 a5 information on the cost of 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. ill Investments Fixed asset investments comprising listed investments (ordinary shares), investment properties and Representative Church Body IRCBI investments are intially recorded at cost and are then subsequently stated at fair value at each year end date. 2. Reconciliation of Cash Funds Total Cash Funds at Beginning of the year 74,346 Receipts for the year 39.061 Payment5 for the year 125,316 Total Cash Funds at end of the year DERRYBRUSK CHURCH OF IRELAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2024 3. Movement in Funds At 01.04.23 Incoming Resources Oirtgorng Resource5 Investment Gain/{LossI At 31.03.24 Transfers Unrestricted Fund5 General Fund 74.648 38.577 {24,7241 101 88,501 Restrirted Fund 62.028 1592) 2,064 63,984 Total Fund5 136 676 152 485 4. Collertions for Third Parties Collections were made and donated to other charities but no collertions were made on behalf of Third Parties 5. Tran5artions with the Trnstee5 There were several small reimbursments of expenses incurred by Trustees through the year. These were direct reimbursments of expenses incurred and receipted. There were no other transaction5 With Trustees during the year ended 31st March 2024.