TULLYLISH PARISH CHURCH CHARITY NO 101676 ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023 11. TDPLEY&CD.L TII ACCOUNTANTS & TAX ADVISERS REPORT TRUST: Tull lish Parish Church. Charity Number- 101676 st I report on the accounts of the Trust for the Year Ended 31 December 2023, which are set out on pages 3-8. Respective responsibilities of charity trustees and examiner As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to: [] examine the accounts under section 65 of the Charities Act E] follow the procedures laid down in the general Directions given by the Commission under section 65(9)(b) of the Charities Act E] state whether particular matters have come to my attention. Basis of independent examiner's report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. My role is to state whether any mu?terial matters have come to my attention giving me cause to believe: l. That accounting records were not kept in accordance with section 63 of the Charities Act 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with the accounting requirements of the Charities Act 4. That there is further informatior4 needed for a proper understanding of the accounts to be reached. D. TOPLEY&CD.L TD ACCOUNTANTS & TAX ADVISERS Independent examiner's statement I have completed my examination and have no concerns in respect of the matters (l) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, and I have found no matters that require drawing to your attention. David Topley MIATI MA Date: 27th March, 20 D TOPLEY&CO.LTD ACCOUNTANTS & TAX ADVISERS Jryr •)rtooo (u 00 J ¢$ to ¢00 )tho) UL)u2 ) CL uo&u&(J" ## ## ||U nrestricted Restricted E nd Cwm ent||| |---|---|---|---| ||Fu nds Funds Funds|Total|Total| ||2023 2023 2023|2023|2022| |Cash Funds|£££££||| |Current Accounts|105,906 156,175|0 262,081|248,638| |Deposit Accounts|79,577 0|0 79,577|78,464| |Total Cash Funds|185,483 156,175|0 341,658|327,102| ||||=i__.._ff+L_.I.L-I-.J' I. r----L --I-=| |Assets retained for the|||| |Parish's own use|£||| |Glebe House
Glebe Cottage
Glebe Land
Parish Hall
Equipment|462,887
84,551
32,OcO
463,822
5,804|462,887
84,551
32'000
463,822
5,804|462,887
84,551
32,000
463,822
5,804| |Total Assets retained for|||| |the Parish's own use|1,049,064|1,049,064|| |Liabilities|||| |Loan Account|||| |Total liabilities|||| Tullylish Parish Church Note5 to the Financial Statements For The Year Ended 31st December 2023 Accounting Policies: Set out below are the princlpal accountlnE policles whlch have been adopted in the compilation of the Receipts and Payments Account and the Statement of Assets and Liabilities. (a) Receipt5 and Payments Account All items of income and expenditure included within the Receipts and Payments Account have been accounted for on a cash receipts basis. (b) Statement of Assets and Llabllltles 111 Assets retalned for the Parish's own use The assets of the Parish retained for its own use comprise;_ Church Buildlng and Graveyard Parish Hall Glebe House Glebe Cotta8e Glebe Lands13 acre5 of grazlng land) Equlpment (Lawn moweri projector etc) The Church Building and Graveyard are deemed to be Heritage assets as defined by the Charities SORP IFRS1021. These Heritage assets are not included in the statement of assets and liabllities as information on the c05t or valuation is not available and such information cannot be obtained at a cost commensurate with the beneflt to the users of the accounts and to the parish. (This will be the most common accounting policy, where the church Is not deemed to be a heritage asset specific advice will need to be taken). The Parish Hall, Glebe House, Glebe Cotta8e and Glebe Lands are ascribed a value based on the insurance valuation. No depreciation has been provided on the Glebe House etc as the current estlmated resldual value is not less than its carryin8 value and the remaining useful lifp currently exceeds 50 years. The minimum threshold of cost for an item to be considered to be capitalised as a fixed asset is not less than £lOOO.00. Reconclllatlon of Cash Funds Total Cash Funds at the beglnnlng of the year: 327,102 Receipt5 for the year Payments for the year Transfers 108,069 -93,513 D. TOPLEY%CO.L TO ACCOUNTANTS & TAX ADVI SERS Total Cash Fund5 at the end of year 341,658 Page S Tullylish Parish Church Notes to the Financial Statements For The Year Ended 31st December 2023 Movement in Funds At 1st Jan 2023 Incoming Resources Outgoing Resources At 31st Dec 2023 Transfers Endowment Funds Tota15 Restricted Funds Graveyard Fund 6,483 1,130 -2,000 5,613 Tota15 6,483 1,130 -2,01)O 5,613 Unrestrlcted Funds General Fund Danske Building Fund General Fund Danske Property & Maintenance Fund Danske Deposit Fund Danske Investment Fund Danske Fixed Term Fund Danske Fixed Term Fund Loan Account 6,393 73,353 12,073 150,336 50,375 33,807 22,300 226 182 144 456 650 -53,608 -38,967 6,681 -6,500 9,841 61,693 34,373 150,562 -181 7,534 33,777 37,153 -139 7,539 34,233 37,803 Totals 320,619 108,140 -92,714 336,045 Total Funds 327,102 109,270 -94,714 341,658 Pur 05e of Restricted Funds Graveyard Fund This fund is for the Beneral maintenance of the church graveyard. Pur ose of Unrestricted Funds General Funds These funds are for the general running of the church, to provide a stipend to the Rector. etc. Building Fund This Fund is for the general maintenance of church buildings and to asslst in any development costs. Deposit Funds . These funds assist the general tunds and any church developments etc. 11 TOPLEY&CO.L TO ACCOUNTANTS 8 TAX ADVISERS Page 6 Tuifylish Parish Church Notes to the Financial Statements ForThe Year Ended 31st December 2023 Men Fellowship, Wornen5 Fellowship, Choir, Bowling Club, Tuesday Lunch Club, Autumn Leaves. Girls Brigade And Sunday School. Eight other accounts were operated durin8 the year as detailed below.. Men's Women's Fellowship Fellowship Bowling Club Choir Balance a5 at Istjanuary 20Z3 164 148 450 619 Income 120 1,321 Expenditure -138 -1,282 Balance as at 315t December 2023 146 187 451 619 Tuesday Lunch Club Autumn Leaves Gir15 Brigade Sunday School Balance as at 1st January 2023 151 170 1,962 42 Income 582 Expenditure -563 -30 Balance as at 31st December 2023 151 189 1,934 42 Collections for Third Parties 2023 2022 SAMS Cr0551inks Leprosv CMSINII RBL Earl Haig Bishop's Ministry/Appeal/Turkey Children's Hospice Ukralne St John's Ambulance Kidney Research 250 270 590 290 200 250 250 928 356 200 1,498 60 1,000 180 1,600 4,878 3,044 D.TOPLEY&CO.L TD ACCOUNTANTS & TAX ADVISERS Page 7 Tullylish Parish Church Notes to the Financlal Statements For The Year Ended 315t December 2023 Transactions With the Trustees Rev Brian Cruise received Stipend and Locomotory expenses of £12376.39, Rev Robert C Smyth received Stipend and Locomotory expenses of £12346.77. Mr S M Vint's Company S M Vint & Co received a payment for Payroll work of £221.10. No other trustee received any renumeration or reimbursement of expenses during the year. No trustee or person related to a trustee had any personal interest in any contract or transaction entered into by the charity during the year. Governance Costs Goverance costs Incurred during the year amounted to £840, beinR payment to independent examiner D Topley & Co Ltd. D TDPLEY&CO.L TO ACCOUNTANTS & TAX ADVISERS Page 8