AJ J,, The Church Of Ireland Holy Trinity Church Woodburn Carrickfergus Financial report for the period ended 31st December 2022 Prepared by Drew Buchanan MBE Hon. Church Treasurer 'The one who gives sparingly will also reap sparingly, and the one who sows bountrfully will also reap bountifully. Each of you must give as you have made up your mind. not reluctantly or under compulsian. for God loves a cheerful giver. And God is able to provide you wth every blessing in abundan. so that by always having enough of everything, you may share abundantly in every good vrk. 2 Corinthians 9 . 6 -8 HCLYTRINITY CHURCH www.hol trinit carrick.or I.ALCONEK SI LIVAAT
HOLY TRINITY CHURCH CONTENTS Page Trustees, Report ststement of Trustees, Responsibilities Independent Examiners, Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements ,"AL'-ONER STEIN.4RT
HOLY TRINITY CHURCH LEGAL AND ADMINISTRATIVE INFORMATION Contact Mr Drew Buchanan MBE 11 Glenburn Manor Carrickfergus BT38 7TX Trustees Mr John Blair Mr Drew Buchanan MBE Mrs Karen Buchanan Mrs Joan Cummings Mrs Marjory Edgar MSC, BSC Mrs Donna Harrison Ms Hannah Hulme Rev Alan Mc Cann Mr Kel Mc Dermott Mrs Sharon Mc Neill Mrs Alison Moffett Mr Fred Shasko Mr Terry Shimmon Mr Victor Wootton Mrs Elaine Wright offi Bearers Clergy Church Secretary Church Treasurer Church Warden - Clergy Church Warden - People Rev. Dr. T.A.G Mccann Mrs Marjory Edgar MSC, BSC Mr Drew Buchanan MBE Mr Terry Shimmon Mrs Joan Cummings Charity Name Holy Trinitylconnorlchurch of Ireland Charity Number NIC102642 Independent Examiner Michael Jonathan Crooks FCA Falconer Stewart 248 - 266 Upper Newtownards Road Belfast BT4 3EU Bankers Danske Bank 18 Ballymoney Road Ballymena BT43 5BY ' LONIE STEkKAR-,
HOLY TRINITY CHURCH TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 The trustees present their report and the audited financial statements for Holy Trinity Church Woodburn for the year ended 31 st December 2022. Financial Review We started 2022 using a rota system for attendan and as this phased out worship attendance got back to weekly, but we kept social distance seating arrangements to encourage all parishioners to return when they felt it safe to do so. We have continued to live stream our services and this provides an opportunity for those not able to worship in person to join us in worship. Following an increase of 5 % in giving in 2021 1 can report that giving is down during 2022 by just over 2 % a trend which l am budgeting for during 2023. We do give thanks to Almighty God for the generosity of his people at Holy Trinity which has allowed much overdue work at the Rectory to proceed including a new study in the garage conversion along with painting bedrooms which will continue into 2023. We celebrated Our 30th anniversary on the weekend of 3rd and 4th December 2022 and the feedback has been exlIent about the dinner, the gifts and the children's outing. General Account There were seventy-three sets of envelopes issued during 2022, down seven on the previous year. We also have fifty-eight people contributing by standing order, up seventeen on the previous year. Freewill offering is down by £1,764 on last year.. a decrease of just over 2.00/0. The plate collection was £68 and from January 2023 we will reintrodu the collection of FWO. Gift Aid We claimed Gift Aid on ninety -three eligible Freewill Offering ContributionslDonations, (down four on previous year). We received £24,440 down from £25,232 in the previous year. Of this amount £16,665 was allocated to the General Account , £5,098 to the Building Fund and £2,677 to the Number 2 Account. Building Fund There were eighty sets of envelopes issued during 2022 with twenty-four being used, down six on previous year. We also have foty-one people contributing by standing order, the same as last year. Income is down £396; a 1.5 % decrease on last year. We still owe the bank £44,223 at 31 st December 2022. This amount will be paid off in December 2024. We are renaming this fund as Building (the Kingdom) Fund and the Vestry would ask that you continue donating as previously. Harvest Appeal Forty-nine people donated to this appeal donating over £3,344 an increase on the previous year. ..ALCONER STEkKARr
HOLY TRINITY CHURCH TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 (CONTINUED) Restricted Funds This year we used the Ardill Bequest to fund the children's 30th Anniversary Outing and the mugs for the children. We continue to support fifteen children at Abura Primary School in Uganda by paying Fields of Life to help with their education. We hosted several of our local primary schools for the St Patrick's story funded by the church and Mid and East Antrim Council. The Council also supported the Jubilee Tea and the 30th Anniversary Dinner after I made grant applications. Both events did not cost the Church any money and the dinner grant monies will appear in next yearfs accounts. The Church purchased a new organ at a cost of £2,618. So what does 2023 have in store for us? Uncertainty, rising costs not only with oil and electricity but also with wages and other expenses. As Treasurer I would like everyone claiming membership to contribute a recorded amount, you can see the £0 donations on a51 income sheets, and therefore I would encourage as many as possible to donate directly into the bank by standing order. Our vision of working in the community with Store House, Baby Bank, Food Bank and around the world with Fields of Life, Crosslinks, SAMS, Samaritan's Purse and Stand by Me could not happen without your support and for that I thank you. Finally let me thank everyone for their donab'ons during 2022 and remember God is at work in our Church, in our Community and around the world. Jesus is building his Church and he is calling us in Holy Trinity to parts'cipate in his work. Independent Examiner The independent examiner Michael Jonathan Crooks of Falconer Stewart, has indicated his willingness to continue in office and a resolution concerning his re-appointment will be proposed at the Annual General Meeting. Financial Statements The financial statements were approved by the trustees on 26th October 2023. Mrs Marjory Edgar MSC, BSC Trustee Dated: 2nd February 2023 FMLfONtR <TEklAKT
HOLYTRINITY CHURCH STATEMENT OF TRUSTEES. RESPONSIBILITIES The trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and regulations. Company law requires the trustees to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs and of the surplus or deficit of the charitable organisation for that year. In preparing those financial statements, the trustees are required to.. select suitable accounting policies and then apply them consistently., make judgements and estimates that are reasonable and prudent., state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going conrn basis, unless it is presume that the organisation will continue in business. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the organisation's transactions and disclose with reasonable accuracy at any time the financial position of the organisation and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the organisation and hen for taking reasonable steps for the prevention and detection of fraud and other irregularities.
HOLY TRINITY CHURCH INDEPENDENT EXAMINERS, REPORT TO THE TRUSTEES OF HOLY TRINITY CHURCH I report on the accounts of the charity for the year ended 31 Dember 2022, which are set out on pages 6 to 8. Respective responsibilities of Trustees and Examiner The Trustees are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under 65(9)(b) of the Charities Act (Northern Ireland) 2008 and that an independent examination is needed. The charity's gross income did not exceed £250,000 and l am qualified to undertake the examination being a qualified Chartered Accountant. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to.. (i) examine the accounts under section 65 of the Charities Act. (li) to follow the prOdureS laid down in the general Directions given by the Charities Commission under section '65(9)(b) of the Charities Act, and (iii) to state whether particular matters have come to my attention. Basis of independent examinerfs report My examination was carried out in accordance with the general Directions given by the Charities Commission. An examination includes a review of the accounb'ng records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the next ststement. Independent examinerfs statement In connection with my examination, no other matter except that referred to in the previous paragraph has come to my attention.. (a) which gives me reasonable cause to believe that in any material respect the requirements" (i) to keep accounting records in accordance with section 63 of the Charities Act., and (li) to prepare accounts which accord with the accounting records, comply with the accounting requirements of the Charities Act and with the methods and principles of the Statement of Recommended Practi." Accounts'ng and Reporting by Charities. have not been met or .ALCuNER R TEIKARE
HOLY TRINITY CHURCH INDEPENDENT EXAMINERS. REPORT TO THE TRUSTEES OF HOLY TRINITY CHURCH (CONTINUED) (b) to which in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached. Michael J Crooks Chartered Accountant Falconer Stewart 248-266 Upper Newtownards Road Belfast BT4 3EU Dated.. 2nd February 2023
HOLY TRINITY CHURCH STATEMENT OF FINANCIAL ACTNMES INCLUDING INCOME ANO EXPENDITURE ACCOUNT FOR THE YEAR ENOED 31 DECEMBER 2022 Ywr Ended Yr Ende 31 OecemLw 31 Dernber 2022 2022 Y•4r EnO•d Ymr End•d 31 December 31 December 2021 2021 Note INCOMING RESOURCES UnrèstricAed General Fund Restricted Building Fund Restricted General Fund 103.742 105.33S 30.135 31.704 31,829 Total irrMIng re 164.865 167,174 RESOURCES EXPENDED Management and admini$tratK)n of the (ganisal Un$tttEd G8rwTrl Costs Restrited Bu11n9 Costs Restrtted G8rY8ral Cost5 107,484 8.4C6 45.078 111.784 8.477 25.573 Total Re50urce5 Expen¢lecl 160. 145,834 Net InuThing Resourc1[EX[endrtUrel 3.897 21.340 Funcl balances at 1 January 2022 1.).9]9 1.269.569 Fund b81an(t camed fotward 8t 31 Derter 2021 1.294.8C6 1.290.909 The statement offinanwl 8cbvrt5 also 0F418S w*th the r4uir8ments lor an incAyne aThJ exp6ThJture w))xJnt undw the Companies Act 2Wfj. 4LCONER Sl
HOLY TRINITY CHURCH BALANCE SHEET AS AT 31 DECEMBER 2022 Year Ended 31st De¢ember 2022 Year En(lei1 31st December 2021 FIXED ASSETS Church Building R8Ctory 1.150.C 169.(KKI 1.150,000 169.000 1.319.CO) 1,319,C CURRENT ASSETS Current Account Unre5tncted Built1ing Fund ReStned General Fund Restricted Buthanan Tru51 -1,756 50.002 65.782 10.000 1.985 48.254 79.031 10.(MY) 124.028 139.270 CURRENT LIABILITIES Loan 23.107 23.107 23.107 63.361 23.107 NET CURRENT ASSETSILIABIUTIES ILM).921 118.1$3 TOTAL ASSETS LESS CURREfrU LIABILITIES 1.419.921 1.435.163 LONG TERM LIABILITrES 42.245 21.116 40,254 63,361 21.116 40,254 1.398.805 1,394,909 FUNDS unrestrict Funds Building Fund Restred Gèneral Fund Unrestricted 1.016.413 202.611 75.781 1.020.155 181.724 89.030 1.2g4.805 1.290.909 Revalualim ReseThe 104,LKK) 104.000 ACCUMULATED FUNDS 1.398.805 1.394.909 The Trustees 8dLntrM&1ge thwr $1.1e$ w5uring thai ts ¢jWrtab cYg8nisatKn keeF6 aDntia record5 which comply wilh section 386 of the Act for wepanng a(ts)unts thich 9Ne a true and tsir of Ihe stste of affaits of the chariiatse organisation as at the erKt of the finanrjal year aTrJ of rts incnmirvj resourcs and applrAlion of r8sourrA5. including rt5 inrxme and enrt. the finanoal year In accoTdaKe th the requiremwts of 11$ 394 and 395 and whth 0lh8wse compty wlh the ]lf91rts of thg Companvd5 Act 20C6 reL8ling to aoxjunts. so far as ap1&9b1 10 the organtsatx)n. The58 acwjnts have been prred in awdarte Ihe spe(Jal relabw to Sm1 Cnpa*S wrthin Part 15 ofthe CcKnpanw ALI 2 The finaml slatemenls were approved by Ihe truste85 on 27th January 2022 Mr5 Marjory Edgar MSC. BSC Trustee Dated 27th January 2022 4LIC)NER ITfl%ART
HOLY TRINITY CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 1. Accounting policies 1.1 Basis of Preparation The financial slalements are prepared under the historical cost convention. 1.2 Incoming Resources The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwse stated). Income represent5 donations received 4thich are brought into the accounts on a cash basis. 1.3 Accumulated Funds The accounts have been prepared in ardance with the accounting policies set out in note 1 to the accounts and comply with the Charities Act 2011. the Companies Act 2006 and the Statement of Recommended Accounting Pradice. "Accounting and Reporting by Charities" issued in March 2005. 2. Taxation No provision has been made for corporalion tax as the organisation is a regislered charity. 3. Analysis of Movement of Funds Net Incomingloutgoing Resources Balance 0110112022 Balance 3111212022 Unrestricted Fund$ Restricted Building Fund Restricted General Fund 1.020,155 181,724 89.030 -3.742 20.887 -13,249 1,016,413 202,611 75.781 Accumulated Funds 1.290.909 3,896 1,294,805 F4LiONIER STEI4ART
HOLY TRINITY CHURCH MANAGEMENT INFORMATION YEAR ENDED 31ST DECEMBER 2022 Analysls of Income Unrestricted General Fund 2022 2021 Freewill Offering, Standing Orders. Chanties Aid Foundation Gift Aid Plate Collection Donations (Note 2) Bank Inlerest Uplift Pilates Fellowship Café Young at Heart 8th Carrickfergus Boys, Brigade Diocese of Connor Indoor Bowls Girfs, Brigade Mid & East Anlrim Council Coronavirus Job Retention Scheme 79,591 16,665 68 159 81,345 16,362 1,122 372 975 105 2,765 120 400 100 800 1,710 250 750 1CN) 3.503 103,742 105,335 Restricted Building Fund 2022 2021 Freewill Offering, Standing Orders, Charities Aid Foundation Gift Aid 24,196 5.098 24,746 5,389 29,294 30,135 Restrictsd Generdl Fund 2022 2021 Buchanan Trust Mission Home & Overseas Gift Aid Harvest Donations 30th Anniversary Dinner Jubilee Afternoon Tea Mid & East Anlrim Counril Bowls Badminton Young at Heart Transfer from Unrestricted General Fund 15 9.186 2,676 15 7,892 3,481 3,116 5,800 1,680 820 1,310 934 1,000 16,200 5.500 31,829 31.704 4LCONER STEWAkT
HOLY TRINITY CHURCH 10. MANAGEMENT INFORMATION YEAR ENDED 31ST DECEMBER 2022 Analysis of Expenditure Unrestricted General Fund 2022 2021 SlipendlLocomotoryTrensions Wages Musical Director & Cleaner National Insurance and Tax Heat & Light Church Expenses Rectory Expenses Missions & Charities 44,951 18,892 43,897 18,144 3,767 2,226 3,261 1,570 7,8(M) 4,156 1,747 7,450 Ell GF Diocese of Connor Miscellaneous Website Bank Charges Accountancy Light Transfer to Restricted General Fund 8,974 2.187 432 302 8.669 4,837 432 219 157 162 16.21)) 107.484 111.784 Restricted Building Fund 2022 2021 Church Expenses Loan Interest 4,735 3.671 8,181 296 8.4C6 8.477 Restricted General Fund 2022 2021 Outreach Rectory Expenses Mission and Charities Holiday Bible Club Summer & October Ardill Bequesl 30th Anniversary 30th Anniversary Mugs Jubilee Tea Bowls Christmas Banner Organ Miscellaneous streaming Equipment Holiday Bible Club & Fun Day 5,337 21,945 8.050 548 1.121 2.591 4,520 4,830 10.3CQ 1,339 450 202 2,618 35 2.862 3,061 45,078 25,573 I ALCONER STEI4ART
HOLY TRINITY CHURCH MANAGEMENT INFORMATION YEAR ENDED 31ST DECEMBER 2022 SUMMARY OF ORGANISATION ACCOUNTS Opening Balan¢e 11112022 Closing Expenditure Balance 3111212022 Incorne Badminton Indoor Bowls Boys, Brigade Boys. Brigade Charity Fellowship Cafe Flower Arranging Girls. Brigade Ladies Group Praise Band Sunday Teas Trinity Tots Young at Heart 988 231 2.260 383 40 41 3,477 988 231 6.430 319 3.493 773 3,141 736 424 40 278 2,727 360 3.493 645 2.391 730 55 31 232 418 303 700 81 258 392 322 147 166 8.803 12.768 16.359 5.212 ""ALIONIR <TEW'ART