Charity registsred number- 108457
Diocese of Collnor
Financial statements for the year ended
31 December 2023

Diocese of CoAllOf
Firt(Meiol stalementsfor the year ended 31 December 21J23
Contents
Page(s)
Diocesan infonnation
Report of the Diocesan CouncAI
Independent auditors, report
7-10
Slatement of financial activities
B&lmce sheet
12
Notes to the fuwicial statements
13-22
StateMent of restricted hnds
23
Statement of unre8tri¢ted fund8
24
ASM

Diocese of Connor
Financirtl sttt¢éhtsntsfor Iheyear ended 31 December 2023
Page I
Diocesan information as at 31 December 2023
The DI￿¢5￿n CouDcII for Conllor
Kx-officio
The Bishop
The Archdeacon of Belfast
The ArohdeaGon of Connor
The Archdeacon of D&lriada
The Right ReVer￿Id G T W Dllvison
Th¢ Venerable B G Foi'de
The Venerable S R McBride
The Ven¢rabl¢ E P Dunda8
Honorary SecretArles of tbe Diocesan Synod and Councll
ArehdeNconry of Belfast
The Rev Canon J C Carson
N W Lyons
Ar¢hd¢aconry of Connor
Archdeaconry of Dalrlada
The Rev W J Boyd (from Jf4ne 2023) The R¢v T A G Mccann
Mr S R Addis (from June 2023}
T Lyttle OBE
Clerlcal Diocesan Coullcll
Archdeaconry of Be￿￿$t
The Rev P B Jones
Th¢ Rev Canon T K D GTalLam
(unlil Sept 2023)
The Very R¢Y S B Forde
The Rev 3 D CaD]pbell-Smyth
(until June 2023 andfrom Sepi 2023) (frorkt June 2023)
The Rev Canon W J Taggart
Th¢ R¢v A D G MoAlister
(z4ntil June 2023)
(untllJuF3e 2023)
The Rev T S Johnston
The Very Rev W S WrighL Dean of Tb¢ R¢v N Eryine
ffroth June 2023)
Connor
The Rev C B Lacey
(from June 2023 ts Dec 2023)
(rrom June 2023)
The Rev P BlaRT
Archdeaconry of Connor
The liev N J Dark
The Rev CaJ)non D P I(¢rr
ArchdeacDnry of DAlriada
The Rev A P Can]pbell
The Rev Camion R M Mthnnell
The Rev D C Cbristi¢
Th¢ Rev D Lockhatt
Lay Diocesan CouneAI
Arehdea¢onry of Belfftst
Archdeacollry of Conllor
Mrs J Weir MBE
H R J Totten MBE
Dr IC F Dunn (until Jww 2023)
T Flanigwi {unlilJune 2023)
G Edgar
Mrs C L H Cherry MBE
A W Macartney
T G SteveD50n (unfilJune 2023)
R J Patte￿0￿
J Neill
A Mclntosh (uAltlJune 2023)
J W Wallace
Mrs A Miskimmin (until Jiwe 2023) J A William8 (from June 2023)
G E McGaughey (from June 2023)
J R Martin (from June 2023)
Ar¢hdeaconry of Dalrlada
J Richardson
NRBolt
Mrs V H I(nott (untilJune 2023)
R G Reade (untiljune 2023)
Mrs N Nixon (untrl June 2023)
Dr A J Campbell
S R Simpson (from June 2023)
IC McGall Urom June 2023)
J A Thompson (from Jtme 2025)
G E cIT￿&￿0n (from June 2023)
Co-opted m¢mbers
The Rev A E Adams
Dr J S Brown
Mr J Browii (untllJune 2023)
ASM

l)eoeese of Connor
Finanelnl slatementsfor the year Ended 3] December 2023
Puge 2
Diocesan information as at 31 December 2023 (cont'd)
RegAstered office
Cojnor Diocesan Offico
Unit I Channel Wharf
21 Old Channel Road
Belfast
BT3 9DE
Auditors
ASM (D) Ltd
79 Cunllillgham8 Lan8
Dungannon
Co Tyrolle
Bfii 6 BX
Solicltors
Edwards 8L Co
28 Hill Street
Belfast
BTI 2LA
Silkin NI LLP
220 Ormeau Road
Belfast
T7 2FY
AIB (ND
University Road
Belfast
BT7 IND
ASM

Dlocese ol Connor
nnancialslatem¢Atsfor theyear ended 31 December 2023
Page 3
Report of the Diocesan Council for the year ended 31 December 2023
The Diocesan Council. who are th¢ Trustees for charitable purposes, presents its report and audited annual
financial statements for the Dioce8e for th¢ year ended 31 December 2023. The Council ha8 adopted the
provision8 of the Charities Acts (Northern Ireland) 2008 & 2013 and Accounting and Reporting by
Charitics,, Statement of Recommended Practice applicable to Gharities preparing their financial statements
in accordance with the Financial Reporting Standard applicable ill the UK and Republic of Irdand (FRS
102) (effective January 2015).
Objectives and activities
The objectives and activities of the Diocesan Council, which are unchangcd from last year, are principally
to manage certain affairs in relation to the cures in its area of operation, to assist with the strengthening
and encouragemcnt of those cures and other supporting activitie8 which include financial and
administration seryices to achieve these objectives.
The Trustees are aware of the Charity ComLnission's guidance on public benefit in The Advancement of
Religion for the Public Benefit and have had regard to it intheir adnjillistration of the Diocese. We believe
that by promoting the work of the Church of Ireland in the Diocese of Connor we help to promote the
whole mission of the Church (pastoral, evangelistic, social and ecumenical) more effectively, both in the
Diocese as a whole and in its individual parishes, and that this provides a benefit to the public by:
-Providing facilities for public worship, pastoral carc and spiiitual, moral and intellthal devclopment,
both for our members and for anyone who wishes to benefit from what the Church offers; and
-Prnmoting Christian valucs, and service by mcmbers of the Church in and to their communitie8, to the
benefit of individuals and society as a whole,
Achievements and perforniance
In the year Ulldcr review, the financial poBitiDn of the Diocese decreased, thi8 is mainly due to the prndenc¢
in providing for bad debt. Although the Fair Share income is still the larg&8t stream of income, thi8 is being
very quicHy caught up by th¢ clergy pension fund and overall othcr income a8 a total supersedes the Fair
Share. Inv&8tment income has increased by 10.9% over the previous year n￿inlY due to returns on
inveslments at the RCB having a higher divid¢nd this year, bank interest also so shows a significant gain
as interest rdtes have crept up during 2023.
Thevalue oFinvestnmits held within assets saw a small drop this yw, this reflects th¢ sale of an Inv￿tMellt
property. Thcre has been a net gain on investsnents hel(L this 18 because stock markets have recovcred
during the year. A review of the investments was also carri¢d out by the Finance Con)mittee, but no
Si￿]ifIcant change8 were recommended to Diocese Council.
Overall, the Diocesan Funds have increased from £4,014,525 in 2022 to £4,225,051 in 2023.
A review of the parish banding system wa8 carried out in 2023 with a report going to Dioce£an Cowicil at
its first meeting in 2024.
Finallclal review
The financial statements are presented in the standard fOrn￿t required by Statement of Recommended
Practice 'Accounting and Reporting by Charities, a8 issued in March 2015. The Statem¢nt of Financial
Activities (SOFA) shows gro88 incornc from all 8ourc¢s.
ASM

Diocese of Connor
Fin<￿e￿I statementsfor the year ended 31 Decethber 2023
Pag¢ 4
Report of the Dfiocesan Council for the year ended 31 December 2023 (cont'd)
Results
During 2023, the Diocese had net expenditure of £18,901 (2022: net income £44,405).
Expenditure for the Diocesan Development programme deThsed to £230,826 (2022: £263,941).
This year the Diocesan Council has again includ¢d a significant provision for doubtful debts. The CounGiI
would be hopefid to collect all monies due, but prudence suggests that provision should be made in
recognition that there may be difficulties in collecting certain items. The provision made for debtors in
2023 is £313,620 (2022,. £252,352).
Our creditors this year fell Si￿lficantlY from £335,979 in 2022 to £83,577 in 2023 as we repaid loans
fimded to us by the RCB. This is reflected in the fall in our bank balance8 by the end of the y&ar, 2023
£567,776 (2022: £823.259).
Going concern
The Diocesan Council has reviewed its financial projections and is satisfi￿1 that adequate fijnding is in
place to Cll8ure the Dioce8e can continue its operations and that the f￿￿anCIal statetnents for the year ended
318t December 2023 can be signed off as a going concern.
Structhrey governance and ￿￿nagement
The Diocese of Connor was established in its present form by Act of the General Synod in 1945 and is
regLdated by General Synod of the Church of ITcland and its own dioccsan regulations, authority for both
stem from the pr()visions of the Irish Church Act 1869,
The Dioc&san Council is a body elected by the Diocesan Synod which meets to consider and regulate the
financial and other matters of the Diocese about five times per annum. Day to day work is delegated to
the administrative staff with oversight given to the Diocesan f4iiwice Committee. This committee is
scheduled to meet five or six times per annum takes a d¢tailed look at all Diocesan financial mattera.
Newly elected members will receive Trustee training from the RCB.
Principaj risl<s
The Diocesan Council in the normal course of its oversight of activities has given due consideration to the
principal risks that it faces, in particirfar those related to th¢ Iong terni operational and financial well-being
of the Diocese of Connor. Whilst keeping matters under review, the Diocesan Council is satisfied that
systems are in place to mit1￿[te major risks, Investment and financial risks are primarily under the purview
of the Diocesan Finance Committee and the trustee bodies to whom the funds hav¢ been entru8ted. The
Diocesan Finance Conllnittec had requested the creation of a fornial Risk Register. this was agreed by the
Diocesan Council presented at the February 2018 n]eeting and was reviewed in November 2020. A fLllther
review occurred during 2022 and was adopted by Diocesan Council at its November 2022 meeting.
ASM

Dtocese of Connor
Financi411 stotementslor ¢he year ended 31 December 2Q23
Page 5
Report of the Diocesan Council for the year ended 31 December 2023 (cont'd)
Reserves policy
The Diocesan Council generally rai8es such fLllds from the parishes in its care as are required to meet
operational requirements. In addition, capital and revenue reserves are nuintained under desi8nateAI funds
which are operationally controlled by the Diocesan Council, but which are under the trustee care of the
Representative Church Body and Church of Ireland Trustees. As sucm the Dioccsan Council does not seek
to maintain a specific ratio of reS￿VeS to, for oxample, revenue requirements, but it does seek both to
protect its operational integrity and limit the call on parochial resources through careful use of all funds
under its control.
The level ofunKqtricted reserves at 31 December 2023 were £1,219,729 and the level of r¢8tricted reserves
were £3,005,322.
lllV&Stment$
All investsnents are held uwTrn trLLSt by either the Church of Ireland Truste&8 or the Representative Church
Body, both are bodies corporate with full trust and investment powers. In almost all cases, the capital
invested is held as a permanent endowment for diocesan funds and only the income is available for the
revenue expenditure by the Dioce8an Council.
Both bodies manage their inveslments under professional advisement to protect the long-terni capital and
income requirements of the dioceses, parishes, trusts etc,
Church of Ireland House
Church of Ireland 14ouse has been held by a Declaration of Trust dated November 1994, between Church
of freland TruSt￿S and the Joint Committee of the Dioceses of Down and Drotllore and Connor. I£gal
advice has shown that Church of Ireland Flouse in Belfast is owned by the Joint Committee on behalf of
the two Dioces&8. Church of Ireland House was sold on the 31 July 2023, the fimds of which are now held
by the Joint Committee.
The Diocesc of Connor's share in the Joint Committee is recognised as a tangible asset in its fllwicial
statements.
Taxation status
The Diocesan Council of Connor has been granled ch￿￿table recognition by HMRC. The Diocesan
Council is entitled to certain tax exemption8 on income and profits from activities carried on in furtherance
of primary objectives. Charities legislation in Northern Ireland will directly impact on the Diocesan
Council and is expected to enhance and define charitabIe status.
The Diocesan Council is not registered for VAT and all expenditure is recorded inclusive of any VAT
incurred.
ASM

r 31 Derembtr 21123
Pw6
Report oftbe Dioeesan Counell for the year ended 31 Deeember 2023 (cont'd)
Plan8 futur¢ perlods
The Dk)c¢san Coun¢%1 intends to Continue with its bask suppoi*'v¢ and administrative ￿ne[lOn5 lrt
dev¢lopitw the work And wlthe3s of the Church ofireland iii Connor.
The Pernianent ComtrAi&sion for the Archdeaoonry of Belfast is ¢urr¢n¢ly r¢viewin8 tho MId.Be1f#￿ Nral
<kan¢ry md is anticip4ted to bring forward pmpusals for the Min1￿ in tht mid-Belfyst during 2024,
Oth¥r porish 8roupings in North Belfast ale a160 under revi¢w.
The Fiiiance Committee have ¢Ommen¢ed 8atherin8 irtforniatlon to pull tO8ether o regist¢r of Trustees
iiit¢rests, tliis is hopcd to bo ¢Omplded durin8 2024,
Dlo¢tMA Coun¢ll regponsibility re8pe¢t of th¢ financlol ststements
The Diocesan Council 1$ rwpon8ibk for the pr¢ptr&tion of the financial ststements for 4acli finth¢ial year
Mthich give ll truc fllir view of the state of affair$ uf th¢ Dioc¢
of th¢ surplvs or deficit of the Diocese for that perH)d. In preparingthoye f￿ancial stat¢menty the Diocesan
Council is required lo.,
at the end of th¢ flnancial year and
selKt suitable e¢ceounting poli¢i¢s and tlxft apply the￿ ¢onsl*endy.
make judgoments and ostlmates that tre r¢asonabk and prudent.
PT¢pare the fw8n¢j￿ tht•ment& on the goin8 ¢oncorn basls unlo3$ it is inasyroprith to do 40.
Diocesan Council Is rtspMsibk for maintsÈnin8 proper a¢¢ouhUng reoords whi¢h disolose willi
r¢asonabl¢ accuracy al any iiffle tlie finwicial position of the Diocese and to ￿ab￿ it to ensutr thai ihe
rinanciNI st8i¢ments comply wilh the Di0¢¢5an Reguhtiotts 2010 ond ￿Y subsequ¢nt updates. It IS also
responsible for Sofeguardin
the ￿ets of the Dioc¢se wid I￿nce for lakin8 reasonab12 Steps for ihe
prevei)tion and dett￿lOn of fraud and other irye8ulariEies.
Audlts
Th¢ auditors for th¥ fjnaneial yw ended 31 Dewlw 2023 arn ASM (D) Ltd.
Statement of dlsdosure to AudltOr8
St) far th¢ members of tht Diocès8n Council are awar¢ therfy is no rolevanl audit infomlatth of which
the DIc￿s¢'5 auditors are unaware and they hav¢ taken all the steps that Ihty ou8ht to have takek) k) make
thLynselves 4War¢ of any relevattt ftudit infÉ)rniation and to establish that th¢ Dioc4K's lluditors hre awJTe
of that infonnaiion.
Mr T Lyttle OB
YruJt¢¥
IS May 2024
ASM

I)iocese Df Connor
Financial statementslor ihe yeav ended 31 December 2023
Page 7
Report of the independent auditors to the Diocesan Council of the Diocese of
Connor
Opinion
We have audited the fitwlcial statcments of the Diocese of Com]or (the 'Charity') for the year ended 31
December 2023 which comprise the Statement of financial activities, the Balance sheet, the Statement of
cash flows and notes to the financial statements, including a summary of significant accounting policies.
The financial reporting framework that has been applied in their preparntion is applicable law and United
Kingdom Accounting Standards, including FRS 102 'The Finaticial Reporting Standard Applicable in the
UK and Republic of Ireland, (United KÉngdom Genernlly Accepted Accounting Practice).
In our opinion the financial statement8:
give a true and fair view of the state of the Charity's affairs as at 31 December 2023 and of its
incoming r&sources and application of resources, for the Ye￿ then endel.
have been properly pwared in accordance with United Kingdom Generally Accepted
Accounting Practice. and
have been prepared in accordance with the requirement8 of the ch￿ltieS Acts (Northern Ireland)
2008 and 2013.
Basis of opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs(UK)) and
applicable law. Our r¢spon8ibilitics under those standards are furth¢r described in the Auditor's
Responsibilities for the audit of the financial statements section of our report. We are indq)¢ndent of the
CIMrity in accordance with th¢ ethical requirements that are relevant to our audit of the financial statem¢nts
in the UK including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in
accordance with these requirements, We believe that the audit evidence we have obtaincd is sufficiait and
appropiiate to provide a basis for our opinion.
Collclusions relating to golllg concern
In auditing the financial statements, we have concluded that the Trust¢cs' use of the going concern basis
of accounting in the prq)aratlOll of th¢ financial statements is appropriate.
Based on the work we have perfornied, we have not identified any mat¢rial uncertainties relating to events
or conditions that, individually or collectivcly, may cast significant doubt on the Charity's ability to
continue as a going conccm for & period of at least twelvc months from when the financial Statements are
authorised for issue.
Our responsibilities and the respoDsibilities of the Trustees with respect to going concern are described in
the relevant sections of this report.
We have nothing to report in respect of the following matt'ers in relation to which the ISAS (UK) require
us to report to you where:
the Trustees, Use of the going concern basis of accounting in the preparntion of the fjjthncial
statements is not appropriate. or
the Trustecs have not disclosed in the financial statements any identified material uttcertainties
that may cast significant doubt about the Chartty's ability to continue to adopt the going concern
basis of accounting for a period of at least twelve months from the datc when the financial
statements are autknrised for issu¢.
ASM

Diocese of Connor
Fipwncial statementsfor theygav ended 311)eceM￿r 2023
Pagé 8
Report of the independent auditors to the Diocesan Council of the Diocese of
Connor (cont'd)
Other information
The other information comprises thc infornTrtion included in the annual rq)ort, other than the financial
statements and our auditor's report th¢reon. The Trustees are responsible for the other information. Our
opinion on the fmancial statements does not cover the other infonnation and, except to the extent otherwise
explicitly stated in our report, we do not express ally forni of a8surance conclusion thereon.
In conn¢otion with our audit of the financial statements, our responsibility is to read the other infoni]ation
and, in doing so, consider whether the other information is materially inconsistent with the financial
statements, or our knowledge obtained in the audit or othenvise appears to be materially misstated. If w¢
identify such nTrterial inconsistenci&4 or apparent nmterial misstatements, we are required to deteLTrine
whether there is a material misstatement in the fmancial statements or a material misstatement of the other
infornution. If, based on the work we have perfonned, we conclude that there is a n]aterial misstatement
of this other information, we are required to report that fact.
We have nothing to rwrt in this regard.
Matters on whleh we are required to report by exception
We have nothing to rq)ort in respect of the following matters in relation to which the Charities Acts
(Northern Ireland) 2008 and 2013 requires us to rcport to you if, in our opinion:
the infOrn￿tIon given in the Diocesan Council ADnual Report is inconsistent in any mataial
respect with the fmancial 8tat¢ment8' or
the Charity has not kept adequate accounting records. or
the financial statements arc not in a￿ceMent with the accounting records and returns. or
we have not rec¢iv¢d all the information and explanations we required for our audit.
Respon8lbilities of Trllstees
As explained morc fully ill thc Trnstees, responsibilities statement set out on page 6, thc Trustees are
responsible for the preparation of the financial statements and for being satisfid that they give a true and
fair view, and for 8uch internal control as thc Trustees determine is necessary to enable the preparation of
fmancial statements that 1( re free from materid misstatement, whether due to fraud or ermr,
In preparing the financial statements, the Truste¢s are responsible for a8ses8inE the Charity's ability to
continue a8 a going conccrn, disclosing, as applicable, matters related to going concern and using the going
concem basis of accounting unless the Trustees either intend to liquidat¢ th¢ Charity or to cease operations,
or have no realistic alternative but to do so.
ASM

Dloe&Ye of Connor
Findncial rtrtlemeNtsfoY they8aF ended 31 December 2023
Page 9
Report of the independent auditors to the Diocesan Council of the Diocese of
Connor (cont'd)
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are
free from material n]i8StatemeiiL whether due to fraud or enDr, and to issue an auditor's report that includes
our opinion. Reasonabl¢ assurance is a high level of assurance but is not a guarantee that an audit conducted
in accordance with ISAS (UIC) will always detect a material misstatement when it exists. Misstatements
can arise from fraud or error and are considered n￿terial rf, individually or in awegate, they could
reasonably be expected to intluence the economic decisions of users taken on the b&8is of these financial
statements.
Irregularities, including fraud, are instances of non-complianGe with laws and regulations. We d&gign
procedures in line with our responsibilities, outlined aknve, to detect material misstatements in respect of
irregularities, including fraud. The extent to which our procedures are capablc of detecting irregularities,
including fraud is detailed below.
The objectives of our audit in respect of fraud, are to identify and assess the risks of material misstatement
of the financial statements due to fraud. to obtain sufficient appropriate audit evidence regarding thc
assessed risks of material misstatement due to fraud, through designing and implementing appropriate
responses to th08e assessed risks. and to respond appropriately to instances of fraud or suspected fraud
identified dwing the audit. However, the primary responsibility for the prevcntion and detection of fraud
rests with both management and t]wse Charg￿ with g(wernance of the Charity.
Our approach was as foIlows:
We obtained an understanding of the legal and regulatory requirollents applicable to the Charity
and conside￿1 that the most significant are the Charities Acts (Northern Ireland) 2008 and 2013,
the Charity SORP, and UIC financÉal reporting standards as issued by the Financial Reporting
Council,
We obtained anullderstanding of how the Charity complie8 with these requirements by discussions
with managcment and those Charg￿ with govemance.
We assessed the ri8k of material mis8tatcment of the financial statements, including the risk of
material n]isstatement due to fraud and how it might occur, by holding discussions with
management and those charged with governance.
We inquired of management and those e]]arged with govcrnan¢e as to any known instances of non.
compliance or suspected non-compliance with laws and regulations.
Based on this under8tanding, we designed specific appropriate audit procedures to identify
instances of non-compliance with laws and r¢gulations. This included making enquiries of
management and those charged with governance and obtaining additional c(XToborative evidence
as r¢quired.
ASM

I)Io¢e.itt ofci)JYnor
l.'1p￿￿e1￿l &'llllf<menlsfor Ihe
dni16(131 J)¢cffmber 2023
PiigL, 10
Ilcp(Irt of the indLpendenl' audmtors t() tlIL I)ioeesan CounL'iI of the DiocL4L' of
Conx)or (conl'd)
Ii,.YpliinatioJi to whRt vxteiit, tho aiiillt wa% Lfbiihldoro(I ciipRbl¢ deloetln&y 5rrL'guliirll'lcs, inc'liI(Iliig
A.% ptirL of Huclil iii Ii¢Goi'danuc willi 18As (lJtC) we cxcroise i)ro'l'08siI)n&il jLid81'1'iiGiiI ￿1]d iiiaiiitdLII
pi'ufL448j(hllÉLI %Lepiicisni ilii'ougliuiil tlio uiidlt. We al%<)..
IdcnLify ancl lls&e.88 tlio ri.41is of niuLrial niisstal'einenL of thL financial ,¥ts'iLLmoiit%, wlieLliei' di.16. to
frnLid or Liyoi,, dos IL>n Iinil pL'I'f()rm lludil p1￿cOdu1,cS I'csi)on41VQ to ilioso I'isl(,%, aiicl i)bt<l11I dijdil
evidenLe tli&l' 1,4 suifiLl¢lIt aiid al)pl￿p1.1llte tn pi'ovi(Iv d basis for our 01?iiiioi). 'lThe I'i&k o'ff iiiit
dot¢cting u ITtit'vri&l Iii I,%%ttitoiii¢i'it rosii Iting li'oin fi'ttud 18 Iiighei. th¢in foi. one I'G8uliiiig ti'DIT] ori'()I',
iu% fi ciiid In&iy iiivolv¢ bl)IIu.sion, for&ii'y, inteiiliunal oini&%i()ns, ni isi'opi'u¢iitalioiis, or the ov¢ri'idc
(If int'￿,17￿[ coiit-j'ol,
()btsiii ai) Iincl¢i'staiidiiig ol intei'iikil coiitrol I'olevanl 1£> tlio audit iii ordcr lo dcsigii aud il. pi'oL'udLifL4
aru ai)iJi'()iJi'iÈitL in (lie Lir¢iimsL'8notys, l)Iil not 'for tlio PLlI'P(),4ts9 (if oxi)I'Gssiiig Ein Di?iiiiÉin oli tlio
rfo¢'(iv¢ii¢'.%.% of u)L (;kiiirity's intvrii&l b()iiti'ol.
rJvalu&it6' I'hc appi'upi'iateii¢x85 OF klGWLintiiig policie8 L18e(l uiid tli¢ rcÉi¥onMblL'iick%s of itsCOLiiILiiig
osLimatos aiid I'cliLI'od d ISL, losu1.￿S iiiiid¢ by ihc '] rLI,%tt)o.%,
(;onoliidc on tli¢ apE)I'opriatGiie%.g ufthe'l'i'u4tCC8' Ll%¥ of Ili¢ g'oing LOliLQI'li b*lSi.% oI'¥LLLIILllltiiig anLI,
l)asLd 011 tIiL ttiidit L'vidonoo obtaiiiL(I, whothci. u mulcrial unooitsiiity cxisl.% IL141od to cvont8 ()I'
Londilioii.8 Iliilt may oa8t' slgii i ficanc doiil)t oli the (:li(Ii'i¢y'8 ubi l ily ti) ¢()iiliiiuc lis a bi()Ing Lonccrii.
l.1: we wnolijdc Iliut li m¢1lvi'ial u11￿[.￿]nIY exisls, wo llre I'QqLI ii'cd to di'aw llttLlltion iii our audil'or's
ropnrt t() 1116. rL'lalod disolikyiii'L8 il'l tlio 'fiiitliiciiII .8IHteineiits' ()r, if .such disclosiiro8 aiY iiiadL'qii¢lto,
l<) Irodify OLir opiiiion. ()yi' ci)thclLI%i()118 ar¢ bisLd on tlie ULidit ovideiicL ubthinLd LIP t() dic dalc o'r
()Lir auditoi s ropoi't, l-l()wcvcr, fLILurts ¢v¢iits' oi. coiidi('i()ii% may L&Ub¢ th¢ Lhtii'ity Lo LCti%c to
Ll)IItillLIL' EL4 tl L4()Illg Luncoi'n.
Fvèiliiillv tli¢ ovL'I'& I I pr¢scnt'lltioii, 8trLltiturc aiid uiiiit¢nl of ili¢ finiincièil staLbiiioiiLs, iiicliicl ing ilic
(li.8Glo.%urL'.%, <ind whoth¢i' thc fiiiÈiiiGial stalrincnls I'cpi'thsuiit the LindLI'lying)' tran.4iicliiiiig <iiiil CVLnl.%
iii Ei In¢iiincr iliiil iicliicvos fAir prosvntslii)D.
Wo o()iiimuiiiLalc witli Iho.46' cliurblbd wilh govvi'naiiL¢ I'GgÈwding, Imoii2 011ioi' M￿ltUr8, Iho plaiiiiG(I ,%LopL
and Liiii iiig of tho auclit and .%i&Yni flGaiit auLI it find iiig,%, IiiL'ILiding uny sigiiifiLiml cl¢fiLj¢iiciL'.% in inLeiMiil
coiitrol thaL' wv Idonl ify dLlI'ing Iiiii. UllLlIt.
ol'(Jui' i'eport
I'h is rui?ort 1.4 iTrudG' ,4olL'ly ts) ilio (:haril)P,% '[ I'usloos, li b(?dy, i li ucuoi'dunco wilh ChElPtLr 3 uf l)
41'(' 11 ul..
t110 Cliarilics Acts (Norllivi'n Ii'el&iii(1) 200% a11d 201 I, Oiir Aiid il. w()I'k liti% l)oBn MndLI'¢ithLn .8<) tliat WL 111 IgTrit
sttile ti) Ili¢ CliÈu'ity'8 '1 I'ii.¥lL'b8 IliobL matlLI's wo I'UqLI irvd to sl<ilL' lo Ilio111 iii lin aud itoi s I'Gp()I'l lid for
no otliL'I' iiui'pusL. 'r(i Lho IiEII&8t uxtLnL I)L'l'nl iltcd by liiw, wo do iiot IiLoLpt Iii, a.SbLiiiie I'b,%p()n8ibil ity lo tiiiy
puily othoi. iIIE111 tlie Cli<ll'ily und Charity'.% 'l'iw%teLS ¢i.4 d b(Kly, fi)I' OLII, tlLidit w(Ii'lc, I'or Ili1& I'opoi'l, oi. foi. Ili
01)Ini(Jn wo liavo t'i)i'ine(I,
A%M (I)) I,td
Cl)artLire(l Acenun LAiits Find Ile%i$t¢rccl Audll'iir.¥
I S Mcl), 2024
..I,ASM

Dlocese of Connor
Flnancial stulementsfor Ihéyear endéd 31 DeeEmber 2023
Page 11
Statement of financial activities for the year ended 31 December 2023
Restricted
fiinds
Total
funds
Total
fl￿d8
Unrestrleted funds
Vlslon
Strategy
fund
2023
Other
2023
Other
2023
Notes
2023
2022
Income
Charitable ac¢ivi¥ies.'
Donations
Diocesan fi￿dIng
Clerical ¢08ts
ExteiThal grants
Investment inGome
Other income
Totxl income
11,392
9,120
831,984
7,911
5,223
1,043,557
28,423
837,2117
1,043,557
31,6(11
68,031
138,452
2,147,271
18,590
830,953
868,473
181,253
54,491
119,302
2,073,062
11,735
9,792
55,501
88,420
19,866
10,320
65,782
937,072
47,919
17,169
1,121,780
Expendlture
Charitable activtties..
Central Churoh Qosts
Clerioal costs
Other 008ts
Qverhead3.'
Staffmg costs
Athninistration ¢08ts
Other Costs
Depreciation
Total expenditure
1¥4et income l(expenditure)
other recognised gaills/(losse8)
Share of gain&(loss&g) in Joint
Comtnittee
70,784
18,071
125,635
187.120
1.120,309
4,184
257,904
1,138,380
165,897
351,164
904.539
184.182
io
36,078
li
12
13
165,906
13,330
15,512
161,164
85,097
125,048
5,369
591,168
345,904
33,534
(3,107)
1,328
360,61M
95020
141,888
5,369
1,343,368 2,165J62
(221.589)
(18,091)
348,932
89,921
145,943
3,976
2,028,657
44,405
230,826
(142,406)
151,966
151,966
(14,167)
Gain81(losses) on inveslJnents
Net movement in funds
11,053
(131,353)
114,098
5,978
503,848
59,620
(161,969)
272,000
76,651
210,526
(373,206)
(262,859)
Trdn8fers between funds
(386,098)
Total funds at l January 2023
Total fund8 al 31 December
2023
328,238
790,996
2,895,291 4,014,525
4,277,384
310,983
908,746
3,005,322 4,225,051
4,014,525
ASM

DI0￿8 of Cottnor
ttded31 DÈceMthIU23
Balance sheet at 31 December 2023
Pop 12
Not
2013
2022
Non eurrnnt 8S5ets
.Sharo in Joinl Cornmlltse ossets
Flx¢d ass¢is
InYe5ttn¢nt8
899.763
14,714
2A21A16
3J35989
847,797
16.526
2,454,765
3J19,088
14
Debtots
16
17
404063
67,77fj
972,639
208, IS7
823,259
I,Q31,416
Créditors.. amoun1* falli￿KdUC TrlthlH yt4r
18
83,8Y7
(235.979
eurrmt asg¢ts
Tot41 •isets 104 eurrent lknbllltles
4221051
4,114,525
Cr￿[tors. amounls fallln% du¢ after ihan one
(100,fKJO)
Toi*l Aet asse
4J2
4 014525
ReJ•ry¢s
RèStrirt¢d funds
Untestricied funds
21
3.005J22
1,21J.729
2,895,291
,119.234
Ywal res¢rve&
4.22&051
4,014.525
Th? foregoillg balance shttt apprnvEd by the Dk)¢wan Council on I S May 2024.
SizHa(utt:
aer4ral Honornry Seer¢¢Ary R¢v Dr AJ4ll Mccatsn
Signatur&.
Lay Hoaorary Secre1￿ Mr T Lyiue OBE
ASM

Diocesé of CoHKor
FinanclalsthtemeAtsf¢pr theyear ended 31 December 2023
Page 13
Notes to the financial statements for the year ended 31 December 2023
Statement of accounting policies
The financial statements are prepared in accordance with Accoullting and Reporting by Charities:
Statement of Recommended Practice applicable to charities prcparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (¢ffective
January 2015).
The prillcipal accounting policies adopted as folIows:
Incomlng resource8
Income is recognised when the Charity is legally entitled to it after any perfomrance conditions have been
met, the amounts can be measured reliably, and it is probable that income will be received.
Resources expended
All items of expenditure are recognised on an aCcn￿lS basis a8 a liability is incurred. Expenditure includes
ally VAT which cannot be ￿llY recovered and is reported a& part of the expenditure to which it relates, All
costs aTe allocated between the expenditure c8t¢gorie8 of the Statement of financial activities on a basis
designed to reflect th¢ usc of the resource.
Fund accounting
Unrestricted funds are fill￿S that are available for u8¢ at the Trustees, discreiion in furtherance of the
objectives of the Diocese in accordance with the regulations that govern the Diocesan Council.
Restricted funds are th0￿ donated for use in a particular area or for specific puryoses, the use of whiGh is
restricted by the funder to that area or purpose.
Investments
All income from investinents is accounted for on an accrnal's basis. Deposit interest rec¢ivable, expenses
and intcrcst payable are accounted for on an accrual's basis. Listed investments COM￿7s¢ those quoted on
a Stock Exchange.
All investments have been valued at market value. Thc llwkct value disclosed in Note 15 is based on the
middle market ￿ICeS ruling at the close of business on 31 December 2023. Any realised profits or IossG8,
arising on fixed asset investnThts are taken directly to the capital reserve. Profits or losses ar¢ calculated
on the average cost basis.
Depreciatlon of tanglble flxed Assetg
Tangtble fixed assets arc Stated at ¢08t less depreciation. Depreciation is provided at rates calculated to
wrAte off the cost less estimal'ed residual value of each asset over its expeoted useful life as follows:
Computer equipment
Equipment
25 /0 reducing balance
25 % reducing balance
Pension costs
The Charity operates a defined contribution pension scheme. Contributions payable to this scheme are
clwgcd to the expenditure in the pcriod to which they relate. These contributions are invested separately
from the Charity's assets.
ASM

Diocese of Connor
Fiptanclal sla¢ementsfor theyeav ended 31 December 2023
Page 14
Notes to the financial statements for the year ended 31 December 2023
(cont'd)
Statement of Rccountillg pollcies (cont'd)
Gojng concern
At the time of approving the financial statements, the Trustees have a reasonable expectation that the
Charity has adequate tt80wces to continue in operational existence for the foreseeable ￿tllre. Thus, the
Trustees continue to adopt the going concern basis of accounting in prep￿ing the financial statements,
Debtor8
Trade and other debtors are recognised at the settlement amount due.
Interest receivable
Interest on fund8 held on deposit is included when receivable and the amount can be measured reliably.
this is nonnally upon notification of the inter￿t paid or payable by the bank.
Credltors ind provislons
Creditors and provisions are recognised where the Charity has a present obligation resulting from a past
event that will probably result in the transfer of funds to a third party and the amount due to settlc the
obligation can bc measured or estimated reliably. Creditors and provisions are normally recognised at their
settlement amount after allowing for any trade discounts due.
Financial instruments
The Charity only has financial assets and financial liabilities of a l(ind that qualify as basic financial
instrLllnent8. Basic financial instrnments are initially recognised at transaction value and subsequently
m¢asured al their settlement value with the exception of bank loans whioh are subsequcntly m¢asured at
amortised c08t using the cffective interest method.
The financial statements are prepared in sterling, with mollctary amounts rounded to the iearest pound.
Charitable actlvities - Donations
Unrestricted ￿llds
Vision
strategy flliid
2023
Restrlcted
funds
Other
2023
Other
2023
Total
2023
Project 8pe¢ific
Fund 8p¢cifAC
Sundry
8,816
2,576
550
9,366
10,487
8,570
28,423
7,911
8,570
9,120
11,392
7,911
ASM

Dxocese of Connor
Financialstalementsfor Iheyear ended 31 DeceJAber 2023
Pagc IS
Notes to the financial statements for the year ended 31 December 2023
(cont'd)
Charltable activities- DlocesAn funding
Unrestricted funds
Vision
sts'ategy fund
2023
Restrlcted
funds
Other
2023
Other
2023
Total
2023
General a￿essMellt
Cover duty
Registy fe8S
Rural Dean8 fees
Removal grants
Safeguarding
Sundry
739,779
58,319
99
18,568
9,929
4,690
600
831,984
739,779
58J19
99
18,568
13,609
4,690
2,143
837,207
3,680
1,543
5,223
Charitable activitles- Clerical costs
Unrestrleted funds
Vlslon
stralegy fund
2023
Restrlcted
funds
Other
2023
Other
2023
Total
2023
Clergy Pension Fund
Stipen(ts
LA)GOmOtory
Office Allowance
Clcrical Bmployers NIC
Housing
713,198
247,312
35,634
4,177
27,604
15,632
1,043,557
713,198
247J12
35,634
4,177
27,604
15,632
1,043,557
Charltable activitles- £xternAI grants
Unre8trieted funds
Vislon
strategy fund
2023
Restricted
funds
Other
2023
Other
2023
Total
2023
CIYD Funding
RCB
Sundry Grants
8,735
19,866
8,735
19,866
3,000
31,601
3,000
11,735
19,866
ASM

Dlocese of Connor
FinaRelalstatemenlsfor the ye¢ir ended 31 DecembeF 2023
Page 16
Notes to the financial statements for the year ended 31 December 2023
(cont'd)
Charitable activities- Investment income
Unrestrictcd fullds
Visio
strategy fulld
2023
Re5trleted
funds
Odier
2023
Other
2023
Total
21J23
Dividends received
Bank int¢rest
Rents received
9,770
22
5,9fv1
38,539
9,380
54,273
9,402
4,356
68,031
4,356
10,320
9,792
47,919
ChArlt&ble activitles - Other Ineome
Unrestrict¢d funds
Vlslon
strRtegy fwid
2023
Restricted
funds
Other
2023
Other
2023
Total
2023
Staff cost reoouped
OLM cour88 fre8
Diocesan reader fees
Supply of res01￿CeS
55,501
60,747
16,929
240
133,177
240
1,448
3,587
138,452
1,448
3,587
65,782
55,501
17,169
ChAritable - Centra] Church costs
Unreytricted funds
Vision
8trategy fund
2023
Restrieted
funds
Other
2023
Other
2023
Total
2023
Episcopy
Safeguarding
l)rioritie8 fLmding
Clergy & Ministry protection fund
146,152
28,428
146,152
28,428
70,784
12,$40
257,904
70,784
12,540
187,120
70,784
ASM

Diocese of Connor
naAeiiel statenientsfor the year ended 31 Deeember 2023
Page17
Notes to the financial statements for the year ended 31 December 2023
(cont'd)
Charitable- Clerical costs
Unrestrlcted funds
Vl8lon
8trat¢gy fund
2023
Restricted
funds
Other
2023
Other
2023
Total
2023
Curate a8SiStallt grants
Clerical Situations
Bishops Ministy grant
Clergy Pension Fund
Stipend
tL)COmOtory
Offioe allowance
Clerioal employers NIC
Removal grants
Housing costs
10.730
10,730
7,246
3,000
712,788
293,309
38,434
4048
30,264
12,861
2S,200
1,138,380
7,246
3,000
712,788
293,309
38,434
4,548
30,264
5,520
25,200
1,120,309
7,341
18.071
10.
Charitable - Other costs
Unrestricted fund8
Visioll
Strategy fund
2023
RestrActed
funds
Other
2023
Other
2023
Total
2023
CITI foundation course
CITI lay reader courso
CITI CME course
Ordination expense8
Grant to support Ministy
Cover duty
Rural Deans fe¢8
Registry fee8
Glebe's secretary
knhdea¢ons
DIr￿tOr of Ordilland8
Diocesan ajrate
Rural Deat]8
Registrar
Warden of r¢ader8
Curute's childrn's &llowance
Resources
Donations of 8¢rviG
Catetinglentertaininglsubsistence
Accomm<Klationhrenue
Travel
Miscellaneou8 expense8
Council for Missioii grants
Grant to university Ghaplaincy
Dioce8e of Yei support
1,314
2,896
3J19
1,314
2,896
3,319
1,258
3,082
58,332
20,S07
594
1258
3,082
58,332
20,507
594
99
22,035
1,079
2,542
3,773
1,695
1,052
2,147
22,035
1,079
2,542
3,773
1,695
1,052
2,147
9,194
480
4,276
9,083
4,288
503
8,100
4,190
9,194
480
4.276
9,083
3,186
503
8,100
1,102
4,190
60
125,635
36,078
4,184
165,897
ASM

Dlocese of Connor
FIn(￿CIal slatementsfor théyéay ended 31 December 2023
Page 18
Notes to the financial statements for the year ended 31 December 2023
(cont'd)
11.
Overheads -Stsff costs
Unrestrlcted fwids
Vlsion
strategy fund
2023
Restricted
fiinds
Other
2023
Other
2023
Totsl
2023
Wages alld salaTie8
Employers National In8urance
Employer's pellsion cost
Other staff costs
155,622
6,975
127,016
7,242
27,369
(461)
161,166
30,415
3.119
313,053
17,336
27,369
2,846
360,604
3,307
165,904
33,534
There were no employees receiving employee benefits (excluding employer pension costs) of more thall
£60,000.
Senior maj￿gement of the Diocese consists of the Bishop, Archdeacons, Parish Development Officer,
Trnstees and the Finance and Admtniskntion Manager. The totsl employee benefit of the senior
management in respect of those paid by the Dioc&8c was £96,182 (2022: £96,969). There was an average
of 9 employees in the period,
Senior Management pay is set by the Diocesan Council and rcviewed annually.
12.
Overheads - Admlnlstration ch¥drges
Unrestricted fund8
Vision
gtrAtegy ￿lld
2023
Restrleted
funds
Other
2023
Other
2023
Tot
2023
Stationery and printing
Tel¢phone
COI house co8t8
Rent and rates
Insurances
H¢at alld light
Payroll fees
Compliance Costs
Maint¢nallce and repairs
Sundry ad￿inIstration charEes
248
2,471
3,160
548
60,000
669
3,427
(59)
3,060
13,838
126
328
85,097
3,408
3,019
60,0110
9,805
3,427
(59)
3,060
13,838
126
(1,304)
95,320
9,136
1,475
13,330
(3,107)
(3,107)
ASM

Diocese of Connor
Fin￿￿e1￿1 s¢ateméntsfor lheyear ended 31 December 2023
Page 19
Notes to the financial statements for the year ended 31 Decernber 2023
(cont'd)
13.
Overheads - Other costs
Unrestricted funds
Vfislon
8tratsgy fund
2023
Restricted
fi￿d$
Other
2023
Other
2023
Total
2023
Travel, accon]modation And subsistence
expenses
Advertising and marketing
Magazine costs
Web c08ts
Legal fees
AcGountancylAudit fees
HR expenses
Diocesan surveyor
Licence fees
Bank charg&8 and fees
Bank interest
Leasing c08ts
Bad debt provided
Venue hire
Catering expenses
Misc Synod expenses
Ground rent
Valuation
5,887
669
8,385
545
704
893
7,484
669
8J85
545
11,136
4,200
674
27,949
12,599
593
31
1,332
61,269
1,112
2,606
931
159
240
141,888
11,136
4,200
674
27,949
12,599
502
37
54
31
1,332
61,269
762
2,606
916
159
240
125,048
350
15
15,512
1,328
14.
Tangible fixed assets
Offlee
equlpment
Computer
SoftwAre
Total
Cost
At l January 2023
Additions
At 31 December 2023
15,000
3,552
18,552
18,878
33,878
3,552
37,430
18,878
Depreciation
At l Janiwy 2023
Charge for the year
Adjustment for previous period
At 31 Ilecember 2023
4,633
2,759
1,233
8,625
12,719
1,927
(551)
14,095
17,352
4,868
682
22,720
Net book value
At 31 December 2023
At 31 December 2022
9,927
10,367
4,783
6,159
14,710
lo￿26
ASM

Dioeese of Connor
Financlol s¢atenwntsfor theyeap ended 31 December 2023
Page 20
Notes to the financial statements for the year ended 31 December 2023
(cont'd)
15.
Investments
Opening Fund
Title of Trust
RCB Value
CIT Valiie
Total value
2023
Total value
2022
2023
2023
Belfast Additional
a¢rgy Fund
Sundry
Smi¢h JH
Stewart JA
Drew Memorial
Sundry
Rev G C Stevenson
Sundry
Sundry
Maintenance
Episcopal
Connor See Houge
Expenses
Sundry
ParAsh Support Fund Sundry
St Andrews Parish
Clerical Income
Augmentation
Sundry
Sundry
Sundry
Hospttal Chaplains
Residence
Lord Molyneaux
Sundry
Rolston Estate
78,893
6,109
11,911
149,982
5,127
84,020
6,109
11,911
213,274
26,692
17,933
84,897
131,104
111,419
94,665
144022
1,609
77,004
40,811
79,014
5,931
11,564
206,101
25,509
17,139
81,159
126,164
106,485
91,907
144,321
1,538
74,104
39,622
63292
26,692
17933
83,435
73129
111,419
Church extension
O￿lination bursary
Endowment
Episcopal support
1,462
57,175
94,665
144,322
1,609
43J02
33,702
40,811
3,801
856,875
56,831
1,088
79
93,620
57,817
4,889
856,9SI
150,450
57,817
4,730
831,978
145,391
55,256
Stipend
Superanlluatioll
General
loo
6,231
243J38
loo
6,231
243,338
55,967
2,421,516
114,000
5,955
232,561
54,336
2,454,765
Youth
Dioce8an generation
General
Total
55,S167
1,592,505
829,011
The investments held by the Repres¢nlative Church Body (RCB) and the Church of Ireland Truste¢s (CIT)
are either listed on a r¢cogni8ed Stock Exchange or illvested in the RCB. unit tru8t8 (N.I.). The market
value is the quoted mid-prioe on the 31 December 2023. AII CIT investments were folded into the new
crr Unit Trust on the ISI July 2012, the book cost for all holdings was Uplift￿ to nwket value at that date.
ASM

Diocesé of Connor
Financlql statementsfor theyear ended 31 December 2023
Page 21
Notes to the financial statements for the year ended 31 December 2023
(cont'd)
16.
Debtor8
2023
2022
Other debtors
Accrned Incon]e
Provision for Doubtful Debts
575,622
142,861
(313,620)
404,863
440,830
19,679
{252,352)
208,157
17.
CAsh and bank balnllces
2023
2022
Balan¢e8 held in Northern Ireland
Balan¢e8 held in Dublin by RCB
249J81
318J95
567,770
526,363
296,896
823,259
18.
Creditors: amounts falling due within one year
2023
2022
Bank overdraft
Otber creditors
Accrualg
2,627
49J20
31,630
83577
4,800
176,688
54,491
235,979
19.
Creditors: amounts falllng due After one year
2023
2022
Representative Church Body Grant
loo,000
20.
Reserves
Capital
res¢rve
Revenue
Re8erve
Total
Net inoomel(expeftditure)
Share of sutplusl{defi¢it) in Joint Committee
Increasel(decrease) iti market value of InV￿lMentS
(18,091)
151,966
(18,091)
151,966
76,651
210,526
76,651
76,651
133,875
At l January 2023
At 31 Deeember 2023
2,454,767
2,421,518
1,559,759
1,803,532
4,014,525
4,225,051
ASM

Diocese of COK)￿v
Financial staleméntsfor theyear ended 31 Deeember 2023
Page 22
Notes to the financial statements for the year ended 31 December 2023
(cont'd)
21.
Analysis of net assets between fullds
Jolnt
Commlttee
Fixed
assets
Current
assets
Investment8
Total
Unrestricted ftmds
Restricted funds
249,763
650,000
899,763
14,710
494,584
1,926,932
2,421,516
460,672
1,219,729
428,390
3,005,322
889,062 4,225,OSI
14,710
The income of each of the ut)restricted fimds is available to the Diocesan Council to be used at its discretion
in accordance with the diocesan regulationg. The assets of those fLmds. however, norn]ally consist ofgifts
and bequests specific to the fund and must be regarded as unavailable for revenue puryoses.
22.
Related party transactions
The Diocese has related parties of the Church of Ireland Trustec8 (CIT) and the various Trnst¢e8. No
transactions occurred with related parties in 2023 or 2022.
23.
Trustees remuneration alld benefits
Expenses totalling £4,125 (2022., £5,027) for prof&ssional services were paid to seven of the Trustees
during tILe year which had bew incurred in carrying out their roles within the Diocese. These roles include
Diocesan Registrar, Dioc&san Director of Ordinands, Wthen of Readers and Rurdl Deans.
The Dioce8e pays a Curate Children's Allowance grant, which is payable to curates who have children
aged el¢v¢n under, after an application has beenmade. During the year, paymcnt totalling £678 (2022:
£130) was made in respect of this grant to one of the Trustees.
24.
Joint cOn￿￿ttee
The Joint ComTnittec assets are noted in thes¢ financial Statements as an investm¢nt of the Diocese. The
Joint Committ'ee was fornied by an act of General Synod in 1945 and has responsibility for the assets that
are jointly owned by the Diocese of Down and Dromore and the Diocese of Connor at the time of their
separdtion and continues with this today.
2023
2022
Balance at l January 2023
GainlOo8s) ill the year
Balance at 31 December 2023
847,797
51,966
899,703
815,580
32,217
847,797
ASM