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The Church Of Ireland
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THE CHURCH OF IRELAND
THE REPRESENTATIVE CHURCH BODY REPORT
1999
APPENDIX B
Extract from the audited accounts of
THE CHURCH OF IRELAND THEOLOGICAL COLLEGE
| BALANCE SHEET 30 June 1998 |
||
|
1998 |
1997 |
|
| IR£ | IR£ | |
| EMPLOYMENT OF CAPITAL | ||
| FIXED ASSETS | 142,892 | 20,293 |
| __________ | __________ | |
| CURRENT ASSETS | ||
| Stocks of fuel and sundries | 1,427 | 2,495 |
| Sundry debtors | 3,206 | 4,526 |
| Bank deposit accounts | 9,454 | 9,414 |
| Bank current accounts | 29,637 | 9,158 |
| Cash on hand | 29 | 111 |
| __________ | __________ | |
| 43,753 | 25,704 | |
| __________ | __________ | |
| CURRENT LIABILITIES | ||
| Train a Deacon Fund | 107 | 107 |
| Sundry creditors and accruals | 32,808 | 15,312 |
| Chapel collections undistributed | 203 | 123 |
| Development Finance | 18,995 | 6,907 |
| __________ | __________ | |
| 52,113 | 22,449 | |
| __________ | __________ | |
| Net current (liabilities)/assets | (8,360) | 3,255 |
| __________ | __________ | |
| Provisions for retirement of long term employees | (9,200) | (8,200) |
| Development Finance | (123,897) | (13,386) |
| __________ | __________ | |
| 1,435 | 1,962 | |
| __________ | __________ | |
| CAPITAL AND TRUST FUNDS | ||
| Accumulated Surplus | 880 | 1,525 |
| Ferrar Memorial Fund for Liturgical Library | 98 | 78 |
| Gregg Memorial Fund for College Library | 368 | 637 |
| Principal’s Discretionary Fund | 89 | (278) |
| __________ | __________ | |
| 1,435 | 1,962 | |
| __________ | __________ | |
| INCOME AND
EXPENDITURE ACCOUNT Year ended 30 June 1998 |
||
| 1998 | 1997 | |
| IR£ | IR£ | |
| INCOME | ||
| Grants from General Synod | 330,220 | 271,650 |
| Divinity Student Fees | 78,301 | 92,731 |
| Receipts from guests and conferences | 25,567 | 18,664 |
| Extra Mural Studies | 587 | 2,212 |
| Clergy Study Courses | 1,447 | 1,369 |
| Interest – Bank | 251 | 168 |
| Priorities Fund | ||
|
1,000 | 1,000 |
|
4,000 | 3,500 |
| __________ | __________ | |
| 441,373 | 391,294 | |
| __________ | __________ | |
| EXPENDITURE | ||
| Academic expenses | 166,954 | 150,697 |
| Administration expenses | 53,517 | 56,612 |
| Operating expenses | 115,783 | 109,784 |
| Establishment expenses | 104,239 | 72,676 |
| __________ | __________ | |
| 440,493 | 389,769 | |
| __________ | __________ | |
| Surplus for the year | 880 | 1,525 |
| Balance at beginning of year | 1,525 | 2,981 |
| Opening balance paid to RCB | (1,525) | (2,981) |
| __________ | __________ | |
| Balance at end of year | 880 | 1,525 |
| __________ | __________ | |
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.
Return to the RCB Report 1999
Return to General Synod 1999 Index
THE REPRESENTATIVE CHURCH BODY
Church of Ireland House
Church Road
Rathmines
Dublin 6
Tel: +353 (0)1 497 8422
Fax: +353 (0)1 497 8821
Email: Chief Officer