LLYL CHARI
REPORT TRUST: Tul Ilsh Parlsh Church" Charity Number- 101676 I report on the accounts of the Trust for the Year Ended 31st December 2024, whlch are set out on pages 3-8. Respectlve responslbllltles of charlty trustees and examlner As the charity's trustees you are responslble for the preparatlon of the accounts in accordance wlth the Charities Act (Northern Ireland) 2008. It Is my responslbllity to: D examlne the accounts under section 65 of the Charltles Act D follow the procedures lald down In the general Dlrertlons glven by the Commlsslon under sertlon 65(9)(b) of the Charltles Act O state whether partlcular matters have come to my attentlon. Basls of Independent examlner's report I have examined your charlty accounts as requlred under sectlon 65 of the Charltles Act and my examlnatlon was carrled out In accordance wlth the general Dlrectlons glven by the Charlty Commlsslon for Northern Ireland under section 65(9)(b) of the Charities Art. My examlnatlon Included a revlew of the accountlng records kept by the charity and a comparlson of the accounts presented with those records. It also Included conslderatlon of any unusual Iterns or dlsclosures In the accounts, and seeklng explanatlons from you as charlty trustees concernlng any such matters. My role Is to state whether any materfal matters have come to my attentlon glvlng me cause to belleve: l. That accountlng records We not kept In accordance with sectlon 63 of the Charities Act 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply wlth the accountlng requirements of the Charltles Act 4. That there Is further infomiatlon needed for a proper understandlng of the accounts to be reached.
Independent examlner's statement I have completed my examination and have no concerns in respect of the matters (l) to (4) Ilsted above and, in connection with following the Directions of the Charity Commission for Northern Ireland, and I have found no matters that requlre drawing to your attentfon. Davld Topley MIATI MA Date: 24th March, 2025
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TullylWI Parlsh Chur¢h Notes to the Hnanclal Slatements For The Year Ended 31st Decemljor 2024 Unrnstrlct•d Funds 2024 Endowment Funds 2024 Funds 2024 Total 2024 Tot•1 Cash Funds Current Accounts 71,914 155,910 227,824 262,081 Deposlt Accounts 107,859 107,859 79,577 Totsl Cath Funds 179,773 155,910 335,683 341,658 As¥ets r•tslned forth• Partsh's own use Glebe Mouse Glebe Cott4e Glebe Land Parlsh Hall Equlpment 462.887 84,551 32,000 463,822 5,804 462,887 84,551 32,1XK) 463,822 462,887 84,551 32,iYJ) 463,822 5,804 Total Assets retaln•d for th• Parfsh'j us• 1,049,064 1,049,064 1,049,064 U•bMItI•s Loan Account Total U•blll We approve of these accounts and conflrni that we have made avallable all relevant records and Infom)atlon for thelr preparatlon. Rev. Robert C Smyth Hon. Treasurer Samuel Walkqr Pa8e 4
Tullyllsh Partsh Church Notes to the Flnandal Statements For Th• Year Ended 31st Decernb•r 2024 A(ntIn& Pollcle5: Set out below are the prlnclpal aCUntIrq pollcles whlch have been adopted In the compllatlon of the Recelpts arKI Payments Account and the Statement of Assets and Uabllltles. (a) R•celpts and Payments Account All Items of Income and expendlture Included wlthln the Recelpts and Payments Account have been accounted for on a cash recelpts bas15. (b) St•t•nMnt of Ass•ts and U•bllftl•s 11) Ass•ts r•tsln•d for the Parfsh's own u The assets of the Parlsh retalned for Its own use comprlse:. Church Bulldln8 •nd Grw•y•rd Parfsh Hall Gleb• Hou Ghbe Cotta8• Gkb• Lands13 of yazlng l•nd) Equlpm•nt {Lawn rnow•r• projertor •t¢ The Churth Bulldlng and Graveyard are deemed to be Herftage assets as deflned by the Charftles SORP (FRS102). These Herttage assets are not Included In the statement of assets and Ilabllltles as Infomatlon on the cost or valuatlon Is not avallable and such Infomiatlon cannot be obtsined at a cost commensurate wlth the benefft to the users of the accounts and to the parlsh. (Thls wlll be the most common accountlng pollcyl where the church Is not deemed to be a herltage aet speclfic advlce wlll need to be taken). The Parfsh Hall. Glebe House, Glebe Cotta8e and Glebe Lands are ascrlbed a value based on the Insurance valuatlon. No depreclatlon has been provlded on the Glebe House etc as the ¢urrent ertlmated resldual value Is not less than Its carrylng value and the fernalnlng Useful Ilfe currently exceeds 50 years. The mlnlmum threshold of cost for an Item to be consldered to be capltsllsed as a flxed asset Is not less than £lOOO.IX). R•condll•tlon of C•sh Funds Total Cash Funds at the b•olnnln8 of the year. 341,659 Recelpts for the year Payments for the year Transfers 97,569 -103.545 Total C•sh Fund5 at the end of •r 335,683 Page 5
Tullyllsh hrfsh Churth Notss to the Flnandal Ststem•nts For Th• Year Ended 31st December 2024 Mmm•nt In Funds At tst Jan 2024 Incomlng Outyolnz R•sources Resourtas Transf•rs At 31st IY•¢ 2024 Endowm•nt Funds Tot•lg R•strfct•d Funds Graveyard Fund 5,613 1,595 1.208 Totsli 5,613 1.595 1,208 Unrestrfrt•d Funds General Fund Danske Bulldln8 Fund General Fund Danske Property & Malnten?nc• Fund Danske Deposlt Fund Danske Investment Fund Danske Flxed Term Fund Danske Flxed Terni Fund Ulster Bank Flxed Term Fund 9.841 61,693 34.373 150,562 62,387 25,846 320 4,140 -77,093 -20,452 13,1 -13,CUI -25,0 8,135 54,087 9,693 154,702 126 1,450 1,706 7.666 35,683 39,508 25,000 34,233 37,803 25.iXXI Totals 336.046 95.975 -97,545 334.475 Tot•1 Fundi 341.659 9770 -103.545 335,683 Graveyard Fund . Thos fund Is for the general malntenance of the church graveyard. General Funds . These funds are for the general runnlng of the churth, to wovlde a stlpend to the Rector, et Buildlng Fund . Thls Fund is for the general malntenance of church bulldlngs and to assist In any development costs. Deposlt Funds . These funds asslst the general funds and any church developments etc. Page 6
Tullyllsh Parfsh Chuffh Notss to the Fln•ndal Stat•ments ForTh• Year Ended 31st De¢•Trber Z024 Men Fellowshlp. Womens F•llowsblp. c1{T. 80w11 aub. Tueth Lunth aub. Autumn L•av•& Glrts Brfyd• And Sunday School. El8ht other accounts were operated durfn8 the year as detsiied below: Bowll aub Fellowshlp FeV$hIP Cholr Bal•n¢e •$ •t tst J•nuary 2024 187 451 414 In¢ome 120 2,810 1,305 Expendlture -2.670 -1,122 B•lan¢• u It 31st D•c•mb•r 2024 86 327 459 597 Tu•sdav Lunth aub Autumn Le•v•s Glrfs Brtade Sund•y B•l•n¢e Is rt 1st nuary 2024 151 1,934 50 Income 691 Expendlture B*l•nc• •9 •t Jljt Dee•mb•r 2024 151 132 50 Coll•¢dons lor Thlrd Partl 2023 SAMS Crossllnks Leprosy CMS(NI) RBL Earl Halg Blshop's MlnlstrylAppeayfurkey GROW YOUNG DISCIPLES MWANGI MIS510N St John's Ambulance CEF GNFE MARIDI BICYCLE5 RBL POPPY APPEAL Kklney Researth 250 270 590 290 200 1,498 1,SQ) 21x1 1,250 753 850 850 100 200 5.703 Page 7
Tullylbh Partsh Churth Notss to the Hnandal Statements For The Year Ended 3tst December 2024 Transa¢dons wlth the TNstees Rev Robert C Smyth recelved Stlpend and Locomotory expenses of £30,606.53. Mr S M Vlnt's Compary S M Vlnt & Co received a payment for Payroll work of £313.20. No other trustee recelved any renumeratlon or relmbursement of expenses durfng the year. No trustee or person related to a trustee had any personal Interest In any contrart or transartlon entered Into by the charfty durln8 the year. Go*rn4n¢e Costs Goverance Corts Incurred durtng the year amounted to £860, beln8 payment to Independent examlner D Topley & Co Ltd. Page 8