## Tullyvallen Reformed Presbyterian Church
## Financial Report
Year Ending 31 December 2023 Together with the Office Bearers for 2024
“Do not store up for yourselves treasures on earth, where moth and rust destroy.”
Matthew 6 v 19
## **Details of Office Bearers and Church Life**
**Minister:** Rev Philip T Murphy, Dip. Th. R. P. Manse 93 Aughnagurgan Road, Altnamackin, Newry, Co Down, BT35 0DY Tel: 028 3087 9126 Mob: 07855 988267 Email: philipmurphy600@btinternet.com **Elders:** George Hughes, Douglas Hughes, Ivan Bingham (Clerk of Session – address as for Secretary) **Committee:** Raymond Blackwood, Joe Cornett, Desmond Hughes, David Hughes, Eric Nicholson, Ivan Warnock, Mark Hughes **Treasurer:** Heather Bingham 75 Cormeen Road, Lisagally, Killylea, Armagh, BT60 4NA Mob: 07512 052554
**Secretary:** Ivan Bingham 75 Cormeen Road, Lisagally, Killylea, Armagh, BT60 4NA Mob: 07988 920046 Email: ivanbingham@hotmail.co.uk
**Trustees:** Ivan Bingham, Beth Blackwood, George Hughes, Eric Nicholson
## **Sabbath School Teachers:**
Yvonne Hughes (Superintendent)
6a Mullaghduff Road, Cullyhanna, Newtownhamilton, Newry, BT35 0LD Mob: 07874 915289
Heather Bingham, Ivan Bingham, Douglas Hughes, Gareth Hughes
## **Public Worship:** Sabbath 10.30 am
**Precentors:** Ruth Hughes Tel: 028 3087 8240 Jill Hughes Mob: 07732 412415 Douglas Hughes Mob: 07812 188910 Desmond Hughes Mob: 07761 831406
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**Evening Service:** Second Sabbath - Feb, April, June, Aug, Oct, Dec @7pm
**Agent for the Covenanter Witness:** Mrs Lorna Hughes 63 Aughnagurgan Road, Keady, Co Armagh, BT60 3DA Mob: 07849 319753
## **Women’s Fellowship**
**President:** Elizabeth Armstrong **Vice President:** Jill Hughes **Secretary:** Charlene Stephenson 25 Hares Road, Newtownhamilton, Newry, Co Down, BT35 0PH. Mob: 07814 769902 Email: shieldscharlene@yahoo.ie **Treasurer:** Yvonne Hughes 6a Mullaghduff Road, Cullyhanna, Newtownhamilton, Newry, BT35 0LD. Mob: 07874 915289 **Fifth Member:** Jacqueline Nicholson **United C.Y. President:** Gareth Hughes **President:** Kenneth Stephenson **Secretary:** Lorna Hughes **Treasurer:** Adam Armstrong **Fifth Member:** Ashley Armstrong
## **United Children’s Meeting**
**President:** Rev Philip T Murphy **Leaders:** Lorna Hughes, Douglas Hughes, Lisa Allen **Treasurer:** Douglas Hughes
## **Graveyard Committee**
Lena Brown: Mob: 07885991592 Eric Nicholson: Mob 07879885977 Douglas Hughes: Mob: 07812188910
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## **Subscribers:**
**Mrs Beth Blackwood**
**Mr & Mrs Raymond Blackwood**
**Mr & Mrs Ivan Bingham Mr & Mrs Sandy Brown Mr & Mrs Joseph Cornett Miss Elizabeth Cornett Mr & Mrs George Hughes Mr & Mrs Douglas Hughes Mr & Mrs Desmond Hughes Mr & Mrs David Hughes Mr & Mrs Gareth Hughes Miss Hannah Hughes Miss Katie Hughes Mr & Mrs Mark Hughes Rev & Mrs Philip Murphy Miss Gillian Murphy Mr & Mrs Malcolm McGaughey Miss Elodie McGaughey Master Olen McGaughey The late Mrs Ruth McGaughey Mr & Mrs Eric Nicholson Mr & Mrs Andrew Nicholson Mr Stephen Nicholson Mr & Mrs Ivan Warnock**
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## **Subscriptions for 2023**
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Building & Ministry Mission
F.W.O.
Name / Number Repair Fund Fund Fund
1 £4400.00
2 £1680.00
3 £770.00
5 £1030.00
6 £3600.00
7 £40.00
8 £400.00
9 £80.00
10 £1440.00
11 £2925.00
12 £1665.00
14 £5300.00
15 £650.00
16 £5.77
17 £5850.00
18 £5120.00
19 £95.00
20 £20.00
21 £280.00
22 £20.00
23 £1570.00
25 £104.00
26 £600.00
27 £200.00
Mr & Mrs Eric Hughes 50.00
Mr William Hughes 150.00
`
Totals 38044.77
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## **Fairview and Tullyvallen Women’s Fellowship Account**
## **Subscribers 2023**
## **Subscribers (WF)**
## **Leprosy Subscribers**
Mrs Ruth Armstrong Mrs Avril Armstrong Mrs Gertie Armstrong Mrs Ruth Armstrong Mrs Diane Armstrong Mrs Gertie Armstrong Mrs Avril Armstrong Mrs Diane Armstrong Mrs Elizabeth Armstrong Mrs Elizabeth Armstrong Mrs Lorna Armstrong Mrs Lorna Armstrong Mrs Heather Bingham Mrs Heather Bingham Mrs Cherith Black Mrs Cherith Black Mrs Beth Blackwood Mrs Beth Blackwood Miss Dot Creane Mrs Dot Creane Mrs Georgina Creane Mrs Georgina Creane Mrs Joy Creane Mrs Joy Creane Mrs Rosemary Creane Mrs Rosemary Creane Mrs Ruth Creane Mrs Ruth Creane Mrs Tracy Cranston Mrs Tracy Cranston Mrs Iris Hughes Mrs Iris Hughes Mrs Jill Hughes Mrs Jill Hughes Mrs Lynda Hughes Mrs Lynda Hughes Mrs Lorna Hughes Mrs Lorna Hughes Mrs Ruth Hughes (TV) Mrs Ruth Hughes (TV) Mrs Ruth Hughes (FV) Mrs Ruth Hughes (FV) Mrs Yvonne Hughes Mrs Yvonne Hughes Mrs Jacqueline Nicholson Mrs Jacqueline Nicholson Mrs Sandra Murphy Mrs Charlene Stephenson Mrs Charlene Stephenson
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## **Fairview and Tullyvallen Women’s Fellowship Account 2023**
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Income Amount Expenditure Amount
Reconciled Balance -
31.12.22 £504.37 Dr Krasinski (Turkish Appeal) £60.00
Dr Krasinski (Turkish Appeal) £173.50 Jenny Jemphrey £50.00
Jenny Jemphrey £50.90 BBQ Expenses £113.00
BBQ £240.00 Judith Hooks £150.00
Judith Hooks £81.00 Sandra McCollum £40.00
Sandra McCollum £30.00 Turkish Appeal £291.77
WF Subscriptions £451.00 Daisy Lodge £175.00
Leprosy Subscriptions £410.00 Leprosy £410.00
Affliliation Fee £40.00
Mission Committee £205.00
Finance Committee £205.00
–
Gift Aid Tullyvallen Ladies £72.50
& Mrs Cherith Black
(Fairview)
Reconciled Balance 31.12.23 £273.50
Total £2013.27 Total £2013.27
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**C.Y. Account 2023 Sterling Account Income Amount Expenditure Amount** Balance in Bank 31.12.22 £284.25 Cash in Hand £229.85 Cash in Hand £183.75 Offering £46.10 Balance in Bank 31.12.23 £284.25 **Total £514.10 Total £514.10 Euro Account Income Expenditure** Balance in Bank 31.12.22 €819.42 Cash in Hand €154.19 Cash in Hand €142.24 Offering €11.95 Balance in Bank 31.12.23 €819.42 **Total €973.61 Total €973.61 Treasurer: Mr Adam Armstrong**
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## **Fairview and Tullyvallen Children’s Club Account 2023**
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Income Amount Expenditure Amount
Opening Balance – £58.57 Selection Boxes - Dec 22 £38.75
31.12.22 Prizes Fun Night – April 22 £150.00
Donation -Tullyvallen £200.00 Bouncy Castle - Fun Night £200.00
Donation - Fairview £200.00
Bank Charges £18.14
Interest £0.85
Closing Balance – 31.12.23 £52.53
Total £459.42 Total £459.42
Treasurer:
Mr Douglas Hughes
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## **Sabbath School Account 2023**
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Income Amount Expenditure Amount
Balance 31.12.22 £0.00 Lodged in Current Account £84.00
Sabbath School Offering £84.00
Balance 31.12.23 £0.00
Total £84.00 Total £84.00
Treasurer:
Mr Douglas Hughes
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## **Bequest Subscribers 2023**
## **Name**
Miss Bailie Mr Samuel Bingham Mr James Blackstock Mr Joseph Blackstock Mrs S Clarke Mrs J Cornett Mr Jim Davidson Mr John Dodds Mrs Dodds Mrs J Douglas Mr William Douglas Mr A Fee Mr Douglas Hughes Mrs E Hughes Rev D J Magee Mr Joseph McKee Miss M A McKee Mr Robert McKee Mr William McKee Mr D McMurdie Mr J McMurdie Mrs Redmond Mr John Stuart Mrs Warnock Mr J Jenkins **Total (Invested in Progressive Building Society) £13830.56**
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Progressive Building Society – Bequests – No 1 Account
Income Amount Expenditure Amount
Balance 31.12.22 £5281.30
Interest £31.69
Balance 31.12.23 £5312.99
Total £5312.99 Total £5312.99
Treasurer:
Mrs Heather Bingham
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## **Progressive Building Society – Bequests - No 2 Account**
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Income Amount Expenditure Amount
Balance 31.12.22 £8549.26
Interest £208.84
Balance 31.12.23 £8758.10
Total £8758.10 Total £8758.10
Treasurer:
Mrs Heather Bingham
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## **Progressive Building Society – No 3 Account**
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Income Amount Expenditure Amount
Balance 31.12.22 £21310.83
Fane Valley Shares -
interest £732.33
Balance 31.12.23 £22043.16
Total £22043.16 Total £22043.16
Treasurer:
Mrs Heather Bingham
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## **Progressive Building Society – No 4 Account – 2 year fixed bond**
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Income Amount Expenditure Amount
Balance 31.12.22 £0.00
Invested- 12.10.2022 £40000.00
Balance 31.12.23 £40000.00
Total £40000.00 Total £40000.00
Treasurer:
Mrs Heather Bingham
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## **Building and Repair Account**
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Income Amount Expenditure Amount
Reconciled Balance £11195.42 Bank Fee £30.00
31.12.22
Monthly Offering £0.00
Gift Aid £0.00
Interest £11.19 Reconciled Balance 31.12.23 £11176.61
Total £11206.61 Total £11206.61
Treasurer:
Mrs Heather Bingham
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## **Business Investment Account No. 2**
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Income Amount Expenditure Amount
Balance 31.12.22 £478.19 Interest tax £0.00
From HMRC Charities £11016.79
(Gift Aid)
Transfer to Current A/c £10641.23
– Gift Aid
Interest £17.52
Balance 31.12.23 £871.27
Total £11512.50 Total £11512.50
Treasurer:
Mrs Heather Bingham
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## **Current Account 2023**
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INCOME EXPENDITURE
Reconciled Balance – 31.12.22 £80262.21
Weekly Freewill Offering £38044.77 Minister’s Salary £10558.00
Gift Aid – Weekly Freewill Offering £9135.00 Employee NI & Tax – (Employer NI not £3644.00
applicable)
Weekly Offering, Evening Services £434.60 Minister’s Pension £1300
Gift Aid – Weekly Offering, Evening Services £108.65 Pulpit Supply £255.00
Telephone and Broadband £480.00
Ministry Target £ Student Support – Mr Kenneth Stephenson £3000.00
Gift Aid – Ministry Target £ Ministers’ Conference £200.00 £19437.00
Missions Target £ Church Expenses
Gift Aid – Missions Target £ Electricity & Oil for Church & Church Hall £1693.79
Church/Hall/Manse Insurance & Public
Building and Repair £ Liability £2023.77
Gift Aid – Building and Repair £ £47723.02 Rates - Manse £931.70
Water Rates £447.60
Kitchen doors etc £3230.00
Concrete etc £22833.76
Grass Seed and Blocks £83.00 £31243.62
Other Income General Expenses
From Fairview – Half Rates, Manse Insurance, Minister’s Telephone Sabbath School Excursion Subsidy and Bus £650.00
and Manse Rental £3256.86 Covenanter Bookshop £178.67
Synod Meals £85.45 Affliation Fee (WF) £40 Paid 2024 £0.00
Phyllis McQuillen £200.00 Mission Committee (WF) £205.00
Mr D J Magee £50.00 Finance (Ministry) Committee (WF) £205.00
Use of Hall – George and Ruth Hughes £60.00 Leprosy (WF) £410.00
Use of Hall – Nicole Hughes Coffee Morning £40.00 Gift – Jonathan Agnew – Audit £50.00
Use of Hall etc – The late Mrs Ruth McGaughey £200.00 Printing FWO - for 3 years £156.00
Use of Hall - The late Mrs Amy Anderson £60.00 Daisy Lodge (WF) £175.00
Burial Related Costs - The late Mr Jim Nicholson £400.00 Earthquake – Turkey - Tullyvallen and WF £666.77
Relief Committee – Turkey Earthquake Appeal £375.00 Friday Club £200.00
Gift Aid – Relief Committee - Turkey £93.75 Minutes of Synod £28.00
Relief Committee – Turkey Earthquake Appeal Tullyvallen & Fairview Camps Subsidy £310.00
(WF) £291.77 Southern Pres Youth Committee £200.00
Gift Aid – Relief Committee- Of which 50% will be claimed £36.47 Synod Meals £142.25
Affiliation Fee (WF) £40.00 Bank Fees £116.87
Mission Committee (WF) £205.00 Sabbath School Prizes £114.00 £3807.56
Ministry Committee (WF) £205.00
Leprosy (WF) £410.00
Sabbath School Collection £84.00 C/F C/F
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Rent from N.I.E £9.57 MINISTRY TARGET 2023 £4680.00
Bank Interest £179.74 £6282.61 MISSION TARGET 2023 £4210.00 £8890.00
Reconciled Balance 31.12.2023 £70889.66
Total £134267.84 Total £134267.84
Treasurer: Mrs Heather Bingham
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**1. Accounts prepared by Mrs Heather Bingham**
**2. Accounts examined and found to be correct by Mr Jonathan Agnew BSc CMGA (Accountant)**
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