appendix q

receipts and disbursements account

 

 

31 December

 

Notes

2000

1999

 

 

IR£

IR£

RECEIPTS

 

 

 

Representative Church Body

 

 

 

General Synod Allocation

 

333,375

336,441

Deposit Interest

2

5,051

4,001

Sales of Publications

 

1,645

199

Royalties from Publishers

 

47,738

617

Grants/Contributions

 

3,538

81,543

 

 

________

________

 

 

391,347

422,801

 

 

________

________

DISBURSEMENTS

 

 

 

Ecumenical and Anglican Organisations

3

109,456

115,715

Central Communications Board

4

105,107

118,256

Hymnal Revision Committee

 

10,097

9,589

Grants and Loans from Royalties Fund

 

718

809

Sectarianism Working Group

 

3,285

1,619

Millennium Committee

 

2,897

2,063

Safeguarding Trust

 

7,865

35,602

 

 

________

________

 

 

239,425

283,653

 

 

________

________

EXPENSES

 

 

 

Facilities provided by RCB

 

36,210

34,000

General Synod Expenses

5

29,639

15,148

Miscellaneous and Other Expenses

6

15,357

17,982

 

 

________

________

 

 

81,206

67,130

 

 

________

________

Surplus/(Deficit) for year

 

70,716

72,018

 

 

 

 

Refund excess allocation to RCB

 

(50,924)

(7,648)

Balance 1 January

 

213,841

140,914

Currency translation adjustment

 

(410)

8,557

 

 

________

________

Balance 31 December

 

233,223

213,841

 

 

________

________

 

 

 

 

FUNDS EMPLOYED

 

 

 

Cash on Deposit

7

233,223

213,841

 

 

________

________

 

 

233,223

213,841

 

 

________

________

ACCOUNTANTS’ REPORT

The Standing Committee is responsible for preparing the Receipts and Disbursements Account for the year ended 31 December 2000.  We have examined the above and have compared it with the books and records of the Fund.  We have not performed an Audit and accordingly do not express an audit opinion of the above statement.  In our opinion the above statement is in accordance with the books and records of the Fund.

PricewaterhouseCoopers
Chartered Accountants
Dublin
14 March 2001

Notes to the Accounts

1.   Foreign currency transactions have been translated to Irish Pounds at the rate of exchange ruling at 31 December 2000 (IR£1 = £0.7924).

 

31 December

 

2000

1999

 

IR£

IR£

2.   Deposit Interest

 

 

- Royalties Fund

4,925

3,844

- Hymnal Revision Committee Fund

126

154

- Conference Reserve Fund

-

3

 

________

________

 

5,051

4,001

 

________

________

3.   Ecumenical and Anglican Organisations

 

 

- Anglican Consultative Council

33,701

32,529

- Council of Churches for Britain and Ireland

18,879

20,050

- Irish Council of Churches

32,307

32,630

- Irish Inter-Church Meeting

4,102

4,117

- Irish School of Ecumenics

13,000

13,000

- Conference of European Churches

3,750

3,090

- World Council of Churches

2,019

1,393

- CTBI/CCBI

-

1,703

- Delegates’ expenses (travel/conferences)

1,698

7,203

 

________

________

 

109,456

115,715

 

________

________

4.   Central Communications Board

 

 

- Press Office

72,021

78,808

- Broadcasting Committee

5,677

4,176

- Literature Committee

17,203

26,159

- Internet

10,206

9,113

 

________

________

 

105,107

118,256

 

________

________

5.   General Synod Expenses

 

 

- Cost of Venue

22,529

5,433

- Printing

7,002

6,413

- Lunches and Facilities

108

3,302

 

________

________

 

29,639

15,148

 

________

________

6.   Miscellaneous and Other Expenses

 

 

- Minor expenses of committees

10,860

10,947

- Publications & Printing

354

1,172

- Honorary Secretaries’ expenses

2,378

2,549

- Audit fees/Professional fees

635

2,069

- Porvoo Ratification

1,130

1,245

 

________

________

 

15,357

17,982

 

________

________

7.   Cash on Short Term Deposit

 

 

- Royalties Fund

150,177

101,372

- Hymnal Revision

2,334

6,931

Cash in Bank

 

 

- Other Account Balances

80,712

105,538

 

________

________

 

233,223

213,841

 

________

________

 

 

 


GENERAL PURPOSES FUND

 

31 December

 

2000

1999

 

IR£

IR£

INCOME

 

 

Interest and Dividends

814

779

Ven E Colvin Bequest

18

18

Refund Episcopal Electors’ Expenses

4,560

2,735

 

________

________

 

5,392

3,532

 

________

________

EXPENDITURE

 

 

Registrar, Court of the General Synod

50

50

Episcopal Electors’ Expenses

4,560

2,735

 

________

________

 

4,610

2,785

 

________

________

 

 

 

Surplus for year

782

747

Balance 1 January

12,849

12,096

Currency translation adjustment

-

6

 

________

________

Balance 31 December

13,631

12,849

 

________

________

FUNDS EMPLOYED

 

 

Investments

8,163

8,165

Cash

5,468

4,684

 

________

________

Balance 31 December

13,631

12,849

 

________

________

 

 

 

Foreign currency balances and transactions have been translated to Irish Pounds at the rate of exchange ruling at 31 December 2000 (IR£1 = £0.7924).

ACCOUNTANTS’ REPORT

The Standing Committee is responsible for preparing the Fund Account for the year ended 31 December 2000.  We have examined the above and have compared it with the books and records of the Fund.  We have not performed an Audit and accordingly do not express an audit opinion of the above statement.  In our opinion the above statement is in accordance with the books and records of the Fund.

PricewaterhouseCoopers
Chartered Accountants
Dublin
14 March 2001