|
|
2000 |
1999 |
|
|
IR£ |
IR£ |
|
EMPLOYMENT OF CAPITAL |
|
|
|
FIXED ASSETS |
105,972 |
124,989 |
|
|
_______ |
_______ |
|
CURRENT ASSETS |
|
|
|
Stocks of fuel and sundries |
1,327 |
1,427 |
|
Sundry debtors |
5,146 |
7,257 |
|
Bank deposit accounts |
7,400 |
12,561 |
|
Bank current accounts |
52,811 |
31,027 |
|
Cash on hand |
50 |
9 |
|
|
_______ |
_______ |
|
|
66,734 |
52,281 |
|
|
_______ |
_______ |
|
CURRENT LIABILITIES |
|
|
|
Train a Deacon Fund |
575 |
107 |
|
Sundry creditors and accruals |
49,459 |
31,033 |
|
Chapel collections undistributed |
3 |
13 |
|
Development Finance |
14,977 |
19,007 |
|
|
_______ |
_______ |
|
|
65,014 |
50,160 |
|
|
_______ |
_______ |
|
Net current assets |
1,720 |
2,121 |
|
|
|
|
|
Provisions for retirement of long term employees |
(5,000) |
(9,200) |
|
Development Finance |
(90,995) |
(105,982) |
|
|
_______ |
_______ |
|
|
11,697 |
11,928 |
|
|
_______ |
_______ |
|
CAPITAL AND TRUST FUNDS |
|
|
|
Accumulated Surplus |
9,885 |
10,966 |
|
Ferrar Memorial Fund for Liturgical Library |
138 |
118 |
|
Gregg Memorial Fund for College Library |
1,020 |
560 |
|
Principal’s Discretionary Fund |
654 |
284 |
|
|
_______ |
_______ |
|
|
11,697 |
11,928 |
|
|
_______ |
_______ |
|
|
2000 |
1999 |
|
|
IR£ |
IR£ |
|
|
|
|
|
INCOME |
|
|
|
|
|
|
|
Grants from General Synod |
311,831 |
326,650 |
|
Divinity Student Fees |
94,685 |
88,651 |
|
Receipts from guests and conferences |
33,645 |
35,580 |
|
Extra Mural Studies |
23,985 |
24,796 |
|
Clergy Study Courses |
1,397 |
1,271 |
|
Interest – Bank |
95 |
126 |
|
Priorities Fund |
|
|
|
Clergy Study Courses |
1,000 |
1,000 |
|
Selection and recruitment |
6,500 |
4,000 |
|
|
_______ |
_______ |
|
|
473,138 |
482,074 |
|
|
_______ |
_______ |
|
|
|
|
|
EXPENDITURE |
|
|
|
|
|
|
|
Academic expenses |
166,633 |
185,259 |
|
Administration expenses |
59,452 |
54,419 |
|
Operating expenses |
126,736 |
123,801 |
|
Establishment expenses |
121,398 |
107,629 |
|
|
_______ |
_______ |
|
|
474,219 |
471,108 |
|
|
_______ |
_______ |
|
|
|
|
|
(Deficit)/surplus for the year |
(1,081) |
10,966 |
|
Balance at beginning of year |
10,966 |
880 |
|
Opening balance paid to RCB |
- |
(880) |
|
|
_______ |
_______ |
|
Balance at end of year |
9,885 |
10,966 |
|
|
_______ |
_______ |
|
|
|
|
Income and
the surplus arose solely from continuing operations. There were no other recognised
gains or losses other than those dealt with in the income and expenditure
account.