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2023-12-31-annual-return

St Columba's Parish Church Derryvolgie

Annual report and financial statements for the year ended 31 December 2023

Contents

Pages
References and administrative details of the Charity 2
Trustees' report 3 - 5
Independent Examiner's Report to the Trustees 6
Receipts and payments account 7
Statement of assets and liabilities 8
Notes to the financial statements 9 - 11

1

Derryvolgie Parish

References and administrative details

Charity Name: Derryvolgie/Derryvolgie/St Columba/Connor/Church of Ireland Charity Registration Number 101738 Contact Address: 211 Belsize Road Lisburn BT27 4DN

Trustees

Frank Bailie, Rev James Boyd, Amanda Culbert, Rhona Gavin, Stewart Gavin, Mark Hassard, Ruth Hutchinson, Rodney Ingram, Noreen Kavanagh, Colin McDonald, Mark McDowell, Caryn McMurray, Jonny McMurray, Ruth Neill, David Pedlow, Lynn Perry, Andy Sproule.

Principal Office-bearers

Clergy: Rev James Boyd Honorary Secretary: Mark McDowell Honorary Treasurer: Colin McDonald Church Wardens – Clergy: Ruth Neill, Lynn Perry Church Wardens - People: Stewart Gavin, Andy Sproule

Independent Examiner

George Summers 15 Mayfields Lisburn BT28 3RP

Bankers

Ulster Bank 18 Bow Street Lisburn BT28 IBN

2

Trustees' Annual Report for the year ended 31 December 2023

The trustees present the annual report and statements of Receipts and Payments and Assets and Liabilities for St Columba's Parish Church, Derryvolgie for the year ended 31 December 2023.

Objectives and Activities

The charitable purpose of Derryvolgie Parish is to support the advancement of the Christian religion by promoting, through the work of St Columba's Church the whole mission of the Church, pastoral, evangelistic, social and ecumenical. Being open to and engaging with society as a whole and offering support for those needing help are fundamental to the practical delivery of the benefits of Christianity.

As a result of activity in the pursuit of the advancement of the Christian religion, Derryvolgie Parish has custody of property and of records, materials and artefacts of significance to the cultural and religious heritage and maintenance of which is undertaken by the select vestry of St Columba's Church.

Achievements, Performance & Public Benefit

The ending of the last vestiges of pandemic restrictions saw the return to all normal parish activity. The virtual innovations needed during lock down have evolved to become a convenient method for the less able, those who live further away and those whose lifestyle it suits, to engage with parish events. This allows us to promote the whole mission of the Church, pastoral, evangelistic, social and ecumenical in whichever way works best for the wide demographic we serve.

Our local outreach included DVK (kids) and DVY (youth) clubs which attract children from a large part of North Lisburn. During the year we invested in camping equipment and subsidised fees to allow young people from DVY to attend Summer Madness at nominal cost.

We offered financial support for missionary work directly in Nakuru, Kenya and through the Intercontinental Church Missionary Society to the church worldwide. We entered into a partnership with the South American Missionary Society (SAMS) to deliver an internship to a Chilean student.

Our weekly drop-in centre, Open Door, offers everyone in the community a chance to call in for companionship over coffee, savouries and cakes at no cost to themselves. We are part of the Harmony Hill community group. We have introduced an Adopt-a-Street prayer project. We organise litter picks in our area. With the support of Lisburn and Castlereagh City Council, we ran several events linked to the Coronation celebrations. We funded and maintain three defibrillators in our area. They were called upon on four occasions but thankfully were not needed at the incidents.

The third-party use of our premises included a singing group, Happy Tots pre-school, short mat bowling, Pilates, dance fitness, Irish Dancing and Irish language classes. Our premises are made available to any third party which offers a public good which does not conflict with our charitable purpose.

We supported other charities including Barnabas Aid, Bishops’ Appeal, Christians Against Poverty (Lisburn), Emerge, Harmony Hill Primary School, Lisburn Food Bank, New Wine Ireland, Sands NI and the Royal British Legion.

3

Looking ahead we are investigating innovative and affordable ways of creating additional flexible space to facilitate an increase in the use of our premises by the local community. We propose to broaden our work with SAMS by taking a second intern. A new scheme called Global Made Local will lead to synergies with other projects in our area. We can deliver so much more public benefit by working together.

The Parish is conscious of its responsibilities under Safeguarding Trust. Everyone involved in our activities is AccessNl checked.

We maintain an up-to-date web page and are very active on Facebook, Instagram, Twitter and WhatsApp. Our social media attracts interest from those who are not yet church goers.

Financial Review

In the period 1 January to 31 December 2023 our income was £115,450 against an expenditure of £112,021 resulting in an excess of income over expenditure of £3,429. This was a very satisfactory outturn with an overall increase in giving funding an increase in activity related expenditure.

Having provided for all accruals and setting aside a balance of £3,647 in the ministry fund, the unrestricted net worth of the parish is £53,134. In addition, there are reserves with a book value of £8,841. This includes an RCB unit trust with a book value of £7,866 and a realisable value of £18,955. The select vestry considers that reserves equivalent to three-month expenditure (excluding extraordinary expenditure) is appropriate.

Going Concern

The trustees have reviewed the prospects for the year ahead and are satisfied that there are adequate funds in place to ensure that the Parish can continue its activities and that the financial statements for the year ended 31 December 2023 can be signed off as a going concern.

Structure, Governance and Management

Chapter Ill of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The select vestry members are the charity trustees.

Recruitment and Appointment of Select Vestry (Trustees)

All members of the Church of Ireland who are over the age of 18 and are either resident within the parish or live elsewhere but have been accustomed members of the congregation for at least three months, may register as members of the general vestry of the parish, allowing them to attend and vote at meetings of the general vestry and to stand for election to the select vestry.

Meetings of the general vestry are held at least once a year. The select vestry is elected as part of this general vestry meeting. The select vestry will hold their positions for a period of one year. Select vestry members may be re-elected annually and there is no limit on the number of terms which may be served.

4

Pay and remuneration

The incumbent receives a stipend in accordance with figures approved by the General Synod of the Church of Ireland, a locomotory allowance and a pension contribution. The incumbent is provided with a rectory on which the rates are paid but not the running costs thereof.

Compliance with Public Benefit

The Parish has given careful consideration to the Charity Commission for Northern Ireland's guidance on public benefit to ensure that the actives entered into during the year have helped to achieve the Parish's objectives and activities, as well as providing public benefit.

Statement of Trustees' Responsibilities

The trustees are responsible for preparing the Trustees' Report and the statement of receipts and payments and statement of assets and liabilities in accordance with applicable law and regulations.

The law applicable to charities in Northern Ireland with Income of less than £250,000 requires the trustees to prepare a statement of receipts and payments and a statement of assets and liabilities for each financial year.

The trustees are responsible for keeping accounting records that are sufficient to show and explain the Parish's transactions and disclose with reasonable accuracy at any time the assets and liabilities of the Parish. They are also responsible for safeguarding the assets of the Parish and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed on Behalf of the Trustees

Stewart Gavin

Colin McDonald

30 October 2024

5

Independent examiner's report to the trustees St Columba's Parish Church, Derryvolgie.

I report on the accounts of St Columba's Parish Church, Derryvolgie for the year ended 31 December 2023 which are set out on pages 7 and 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:

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 material matters have come to my attention giving me cause to believe:

  1. 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 information needed for a proper understanding of the accounts to be reached.

Independent Examiner's statement

I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention.

15 Mayfields Lisburn BT28 3RP

6

DERRYVOLGIE PARISH CHURCH, MANAGEMENT ACCOUNTS AS AT 31-DEC-23

RECEIPTS AND PAYMENTS ACCOUNT

Receipts

Receipts
Freewill Offering
Gift Aid Rebate
Collections
Fundraising
Rental (church activity)
Bank Interest & Dividends
Sundry receipts
Specific Purpose Funds
Sub Total: Receipts
Payments
Salary/Loco/CPF/PAYE/NIC
Diocese
Parish General Costs
Administration
Worship
Renewals (Chair) Fund
Repairs
Rectory Expense
Charities
Fundraising Expense
Sub Total: Payments
Surplus / (Deficit) for year
Opening balance
Operating accounts
balance		 Unrestricted
(Restricted)
(Restricted)
(Restricted)
Total
Total
General
Fund
Repair
Renewals
Fund
Mission
Ministry
2023
2022
£
£
£
£
£
£
75,263
75,263
69,992
16,751
16,751
15,433
980
3,513
4,493
4,952
5,308
5,308
2,707
9,538
9,538
8,411
584
584
511
184
184
200
3,330
0
0
3,330
3,210
111,937
0
3,513
0
115,450
105,416
53,533
53,533
48,563
8,284
8,284
7,636
20,599
20,599
7,967
5,283
5,283
5,753
3,780
3,780
2,854
0
0
0
734
8,689
8,689
1,890
2,347
2,347
(16)
5,742
3,513
0
9,255
12,762
252
252
184
108,508
0
3,513
0
112,021
88,325
3,429
0
0
0
3,429
17,091
49,706
0
0
3,647
53,352
36,261
53,134
0
0
3,647
56,781
53,352

7

Statement of Assets and Liabilities as at 31 December 2023

Cash Funds
Current Accounts
Total Cash Funds
Investment Assets
Equity Investments
Other Listed Investments
RCB deposits and investments
Other unlisted investments
Investment Properties
Total Investment Assets
Assets retained for the
Parish’s own use
Parish Centre
Glebe House
Fixtures and Fittings
Total Assets retained for the
Parish’s own use		 Unrestricted
Funds
2023
£
53,134
53,134
398
8,443
8,841
272,000
272,000		 Restricted
Funds
2023
£
3,647
3,647
0
0
0
0
0		 Endowment
Funds
2023
£
0
0
0
0
0
0
0		 Total
2023
£
56,781
56,781
398
8,443
8,841
272,000
272,000		 Total
2022
£
53,352
53,352
339
8,425
8,764
272,000
272,000

On behalf of the Trustees

Colin McDonald

8

Notes to the financial statements for the year ended 31 December 2023

1. Accounting policies

Set out below are the principal accounting policies which have been adopted in the compilation of the Receipts and Payments Account and the Statement of Assets and Liabilities

(a) Receipts and Payments Account

The assets of the Parish, retained for its own use comprise:

The Church Building and Church Hall are deemed to be heritage assets as defined by the Charities SORP (FRS102). These heritage assets are not included in the statement of assets and liabilities as information on the cost or valuation is not available and such information cannot be obtained at a cost commensurate with the benefit to the users of the accounts and to the parish.

The church hall is physically attached to the church as such is not separable as an individual asset. As such it is deemed to be a heritage asset and no value is ascribed to it in the statement of assets and liabilities.

The rectory is recognised at cost / deemed cost, being the estimated fair value of the property at 31 December 2017 increased by the cost of the capital improvement works carried out during 2018. The property will be revalued for accounting purposes in 2024. No depreciation has been provided on the rectory as the current estimated residual value is not less than its carrying value and the remaining useful life currently exceeds 50 years.

The select vestry has set a minimum threshold of £1,000 for an item of Fixtures and Fittings to be considered to be capitalised as a fixed asset. No item of Fixtures and Fittings has a value above this threshold.

ii) Investments

Fixed asset investments comprising investment properties, investments in equities (ordinary shares) and investment in RCB/CIT Unit Trusts are initially recorded at cost and are then subsequently stated at fair value at each year end date.

9

2. Reconciliation of Cash Funds

2. Reconciliation of Cash Funds
Total cash funds at 01-Jan-23
Receipts for the year
Payments for the year
Total cash funds at 31-Dec-23		 £
53,352
115,450
(112,021)
56,781

3. Movement in Funds

Restricted funds
Mission Fund
Ministry Fund
Unrestricted Funds
General Fund
Total Funds		 At 1 Jan
2023
£
0
3,647
3,647
49,706
53,352		 Incoming
Resources
£
3,513
0
3,513
111,937
115,450		 Outgoing
resources
£
(3,513)
0
(3,513)
(108,508)
(112,021)		 Transfers
£
0
0
0
0
0		 at 31
Dec
2023
£
0
3,647
3,647
53,134
56,781

Purposes of Restricted Funds

Mission Fund: Provides financial assistance towards missionary work in South America and Africa. Ministry Fund: Expensed on outreach at the discretion of the Rector.

10

4. Collections for Third Parties

Communicating Clearly
Nakuru Fund
CAP
Deacon Leaving Gift
Harvest Appeal
SAMS
Bishops' Appeal		 2023
£
0
383
300
980
1275
500
1055
4,493		 2022
£
30
344
60
0
1841
0
2677
4,952

The above amount has been included in Receipts for the prior year under "collections" and in Payments for the prior year under “gifts” and "charities".

5. Transactions with the Trustees

No trustee received any remuneration or reimbursement of expenses during the year.

No trustee or a person related to a trustee had any personal interest in any contract or transaction entered into by the charity during the year.

6. Governance Costs

Governance costs are included within administration costs in the receipts and payments accounts.

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