Church of Ireland Parish of Ramoan, Ballycastle Annual Report and Financial Statements For the year ended 31st December 2022 Charlties Number: 102908
Church of Ireland, Parish of Ramoan, Ballycastle Annual Report and Financial 5tatement5 for the year ended 31" December 2022 Contents Pages References and administrative detai15 Trustee5 Annual Report Independent Examiners report to the Trustees Receipts & Payments Account Statement of Financial Positlon Notes to the financlal statements 10-12
Church of Ireland, Parish of Ramoan. Ballycastle References and administrative details Charity Name.. Church of Ireland, Parish of Ramoan, Ballycastle Charity Registration Nurnber= 102908 Contact Address.. Ramoan Parish Centre 3 Station Street Ballycastle Tel. 028 2076 2888 Prlncipal Office Bearers and Select Vestry (Trustees) Rertor Rev D Ferguson Glebe Warden Mr W Elliott (to 4 April 20221 Mr J Mcconaghy (from 4 April 20221 Mr E Mcmullan Mrs J McBride Reetoes Warden People's Warden Mr G Bell Mr J Mcconaghy Ito 4 April 20221 Mr A Mccook (from 4 April 20221 Mrs M Mcmullan Glebe Warden Hon. Treasurer Hon. Secretary Dr l Bell Mrs S Wllson Ifrom 4 April 20221 Mrs S Bell Mrj Nlcholl (to 4 Aprll 20221 Mrs K Elllott (to 4 April 20221 Mrs H McKeown Mrs O Mcmullan Mr N Mcmaster Mrs S Mcmaster Mrw Hargie Mrs S Wilson Mr M Watson Mrs L M¢Conaghy Independent Examiner M G Rama8e, FCA 4 Leeke Road Bushmills Principal Bankers Ulster Bank 20 Ann Street Ballycastle
Church of Ireland, Parish of Ramoan, Ballycastle Trustees Annual Report for the year ended 31, December 2022 The Trustees present the annual report and accounts for the Church of Ireland, Parish of Ramoan for the year ended 31 December 2022. Aims and Purposes The charitable purpose of the Church of Ireland Is the advancement of religion. The principal function of the Parish of Ramoan is to 5UPPOrt the advancernent of the Christian religion by promoting, through the work of the Parish. 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. A5 a result of actlvity in the pursuit of the advancement of the Christian religion, the Parish of Ramoan has Custody of property and of records, materlals and artefacts of significance to the cultural and religious heritage and maintenance of which is undertaken by the Parish as a secondary charitable purpose. Objectlves and Artlvltles All of the functions of the Parish relate to the advancement of rellgion through holding regular worship and communication with and caring for parishioners and others in our communlty and in the wider world. The expression of the precepts of the Christian religion through engagement with the general publlc and in particular with the disadvanta8ed, the sick, the elderly and the young is a public benefit. We are comrnitted to enabllng as many people a5 posslble to worshlp in our churches and make use of our Parish Centre, increaslng social interactlon and giving and receivlng pastoral care at the point of need. To ensure this work is carried out in comfortable surroundings maintaining the fabric of our two churches and Parish Centre, The churches also provide space for quiet contemplation. Durlng 2022 the opening of the churches for thls purpose was resumed after restrictions were lifted relatinB to the COVID 19 Pandemic. No harm arises from the activltles and purposes of the church and the beneficiaries are the general public. Achievements and Performance Worshlp and Prayer The Selett Vestry as trustee5 seek to offer 3 range of 5ervice5 over the course of the year that our Parish and community find both beneficial and spiritually fulfilling. These services are designed to engage and encourage the participation of all attendees regardless of age or church affiliation. Our aim 15 to make everyone feel welcome and experlence the love of Jesus through the expression of our Worship. During 2022 with the Eradual lifting of restrictions relating to the COVID 19 pandemic we have been able to return to in- person worship witli a ¥1 ULlual jllLl¥dS¢ iri Lhe number5 aIiending PUDlic wor5nip- we nave continued with the Ilve feed streaming of our Services on soclal media. This allowed those still isolating and those who are still anxious about returning to in-person worship the opportunity to worship with us.
Church of Ireland. Parish of Ramoan, Ballycastle Trustees Annual Report for the year ended 31" December 2022 (continued) Pastoral Care Providing pastoral care to our parishioners and wider community 15 seen as one of the most important role5 of our Rector. Priority is given to those who are ill, housebound, or living alone. The easing of restrictions allowed for more personal contact with our parishioners who needed support. The Parish Prayer group provides a prayer list which is dlstributed throughout the Parish where those who would like people to pray for them can ask to have their narnes added to the list. Pastoral Care is also provided for young familie5 and those in need. All pastoral care is provided in confidence. Chlldren and Young People The Parlsh provides learning and worship opportunities for children and young people 50 that they may grow in their knowledge of the Chrlstian faith. One of the areas that 15 highlighted is the need to reach out Into the community and further afield, Our Sunday School Children support a number of children through a Northern Ireland based charity in Africa. The Select Vestry as Trustees ensures that the Parlsh adheres to the chlld protection requirements of Safeguardlng Trust ensuring that all those working Wlth children, young people and vulnerable adults are vetted through Access Nl and receive adequate training. Our Children's ministry has shown a gradual increase in nurnbers attendlng after the disruption of the previous years, Mission and Evan8ellsm The Parish supports the work of various charities such as the Church of Ireland Blshop's Appeal and Christian Aid in their work overseas and In the wlder communlty. A Bl-monthly newsletter is provided to every famlly In the Parlsh and wider afield which highlights Parish and communlty events. It Is also available on our website. The newsletter also Includes items of a spiritual nature and prayers. Using the mediums of Facebook and the Parish Website we endeavour to keep our parishioners and wider audlence updated daily as to what is goin8 on in our Parish. In December 2022 the Parlsh held a Chrlstmas Tree Festival over 4 days, involving many people and organisations from the community. It proved to be a great success wlth people vlsltlng the event from not only the local communlty but from further afield as well. Bulldlngs and Heritage Development Our Parish Buildings Restoratlon Programme continues with the final work being completed at Holy Trinity. The Trustees have care of five properties whlth require a programme of continued maintenance. In addition to this the Tru5tee5 are also responsible for maintaining an historic graveyard which due to its layout requires considerable expenditure for grass cutting etc to provide safe access for relatives visiting graves as well as the general public. The Trustees continue to employ a Parish Adminlstrator to deal with the additional workload generated by the Parish Centre and to support the Rector with the Parish administrative duties.
Church of Ireland, Parish of Ramoan, Ballycastle Trustees Annual Report for the year ended 31" December 2022 (continued) Financial Review The Trustees report a net decrease in unrestricted cash funds of £23,864 for 2022, which is in line with expectations. We are pleased to roport that income generated from direct givin& donations. fundralsing and use of the parish centre increased signlficantly on the previous year. A number of planned repairs, improvement & restoration projects were carried out during the year. the cost of which was drawn from our unrestricted funds. These included the church bell repair, graveyard wall repair & new gates. In addition the final bill for the refurbishment of Holy Trinity1£707681 was paid out ol restricted funds The sale of development lands ralsed net proceeds of £652,080. This has been added to our capital cash reserves. It is the Trustees intention that a portion of the proceeds of this sale will be used to fund the renovation or rebuild cost of the Rectory in the near future. Reserves At the 31, December 2022, the parlsh held unrestrlcted cash funds of £168,543 of which £6,327 was set aslde for buildlng maintenance & £3,123 for Sunday school purposes. The Parlsh has substantial assets, reserves and Investments vested with RCB & CIT for the purposes of future capital expenditure should the need arise. The Trustees conclude that the financial position of the Parlsh Is satisfactory. Golng Concern The Trustees have reviewed the budgets for the year ahead and are satisfied that there are adequate funds in place to ensure that the Parish can continue Its activities and the financial statements for the year end 31" December 2022 can be signed off as a golng concern. Structure, Governance and Management Governing Document and Constltutlon oAthe Charlty Chapter111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organisations. The Select Vestry members are the Charity Trustees. Recruitment andAppointment oASelert Vestry 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 meeting5 ofthe General Vestry and to stand for election to the 5elett Vestry. Meetings of the General Vestry are held at least once a year. The Select Vestry is elected as part of this General Vestry nieettng. TFIE Select Vestry wlll 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. Pay and remuneration. The incumbent receives a stipend from the Parish in accordance with figure5 approved by the General Synod of the Church of Ireland.
Church of Ireland, Parish of Ramoan, Ballycastle Trustees Annual Report for the year ended 31" December 2022 (continued) Organisotionalstructure The Selett Vestry is responsible for the day-to-day management of the Parish. The Select Vestry consists of the member of the clergy serving in the Parish, any curate a5SlStant I'the curate"), the churchwarden5, the glebe wardens and generally not more than twelve other members of the Eeneral vestry elected at the General Vestry. The Select Vestry is chaired by the incumbent or other member of the clergy officiating in the Parish. Select Vestry members are responsible for making decisions on matters of general concern and importance to the Parish including deciding how parish funds are to be applied. The Select Vestry meets at times fixed by the members or by the Diocesan Synod. Special meeting5 may be convened at anytime by the chairperson or the churchwardens. Durlngthe yearthe Select Vestry met on 10 occasions and the average attendance was 95%. Statement of Trustees, Responsibilities The Trustees are responsible for preparing the Trustees, Report and the financial statements in aCCOfdance with applicable law and re8ulations. The law appllcable to charities in Northern Ireland requires the Trustees to prepare financial statements for each financial year. Under that law the Trustees have prepared the financial statements in accordance with Generally Accepted Accounting Practlce in the United Kingdom (accounting standards issued by the Financial Reportln8 Council in the UK, Including Charities SORP IFRS 1021 "Accountin8 and Reportin8 by Charlties.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021" and promulgated by the Institute of Chartered Accountants in the United Kingdom and United Kingdom Lawl. Under that law the Trustees must not approve the financlal statements unless they are satisfied that they give a true and fair view of the state of the affairs of the charity and of the statement of financial activities of the charity for that period. In preparing these financial statements, the Trustees are requlred to.. select suitable accounting policies and then apply them conslstently. make judgments and estimates that are reasonable and prudent. state whether the financial statements have been prepared in accordance with applicable Accounting Standards and identify the standards In question, subject to any material departures being disclosed and explained in the financial statements; and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Parish will continue as a going concern. 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 financial position of the Parish and enable them to ensure that the financial statement5 comply with the Charities Act (Northern Ireland) 2008, the Charity (Accounts and Reports) Regulations INorthern Ireland) 2008 and the provision of the Constitution of the Church of Ireland. They are also responsible for safeguardin8 the asset5 of the Parish and hence for taking reasonable steps for the prevention and detection of fraud and other irregu13ritie5.
Church of Ireland, Parish of Ramoan. Ballycastle Statement as to disclosure to our auditors / examiners In so far as the Trustees are aware at the timing of approving our Trustees, Annual Report- there is no relevant audit information of which the charitable cornp3ny's auditor is unaware,. and the Trustees have taken all steps that they ought to have taken to rnake themselves aware of any relevant audit information and to establish that the company's auditor is aware of that information. Independent Examlners The Independent examiner, M G Ramage, FCA has indicated his willingness to continue in office, and a resolution concernin8 their reappointment will be proposed at the Annual General Vestry Meeting. On Behalf of the Trustees 21.5.213 Rev David Ferguson Rector 2?18J£i Mrs J Mc8ride Honorary Treasurer Date..
Church of Ireland, Parish of Ramoan, Ballycastle Independent Examinerfs Report to the Trustees of the Church of Ireland, Ramoan Parish I report on the accounts of the Trust for the year ended 31, December 2022, which are set out on pages 8 to 12. Respective responsibilltie5 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 Charitie5 Act. Follow the procedures laid down in the general Directions given by the Commlsslon under section 6519llbl of the Charities Act. State whether particular matters have come to my attention. Basls of Independent examiner's report I have examlned your charity accounts as requlred under section 65 of the Charities Act and my examination was caf ried out In accordance with the general dlrectlons given by the Charity Commission for Northern Ireland under sectlon 65191{bl of the Charities Act. My examinatlon Included a review of the accounting records kept by the charity and 3 comparison of the accounts presented with those records. It also Included conslderation of any unusual items or dlsclosures in the accounts and seeking explanations from you as charlty trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe.. That accounting records were 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 accounting requirements of the Charities Act. There is further informatlon needed for a proper understanding of the accounts to be reached. Independent examine$ statement I have completed my examination and have no concerns in respect of the matters111 to {4} listed above and. in connection with the following the Directlons of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Mark G Ramage, FCA 4 Leeke Road Bushmills Co Antrim BT57 8UN Date:
Church of Ireland, Parish of Ramoan. Ballycastle Receipts and Payments Account for the year ended 31, Dember 2022 Unrestrirted Funds 2022 Restricted Funds 2022 Endowment Fund5 2022 Total 2022 Total 2021 Recei Regular Giving & Collections Donations & Legacies Special Collections Parish Centre Fundraising Property Renta15 Investment Incorne Culfeightrin Parish Other Income Grant income Parish Or8anisatlons Sale of investment Sale of property 54.741 5,154 1,989 10,360 9,775 6,389 60,280 12,332 3,731 12,669 54.741 5.154 1.989 10,360 9,775 6.389 63,852 12.332 3,731 12,669 2,493 7,600 660,000 50,576 1,000 40 5,983 6,356 58,316 3.572 2,443 17,874 550 2,493 7,600 660,000 75,750 Total Recel ts 185,020 666,065 851,085 218,888 Pa ment Stipend & Staff Dloce5an assessments Repair & Upkeep Heat, Light & Power Administratlon Sunday School Charitable Donations Rental Property upkeep Parish OrEanisations Purchase of investments Refurbishment Costs Property Sale Costs 80,356 14,077 61,465 15,947 17,073 3,671 4,637 1,658 80,356 14,077 61,465 15,947 17,073 3,671 4,637 1,658 4,024 10,000 70,768 7,920 93,997 14,747 1,721 14,792 16,713 7,474 1,331 3,931 33 4,024 10,000 70,768 7,920 600 4,124 Total Pa ments 208,884 82,712 291,596 159,463 Exce551 (Deficit) of Receipts over Payments before transfers 123,8641 583,353 559,489 59,425 Transfers between fund5 Exce551 (Deficit) of Receipts over Payments for the Year 123,8641 583,353 559,489 59,425 Cash funds brought forward Gish funds carried forward 192,407 168,543 81,844 665,197 274,251 833,740 214,826 274,251
Church of Ireland. Parish of Ramoan, Ballycastle Statement of Financial Position as at 31 December 2022 Note Unrestricted Funds 2022 Restricted Fund5 2022 Endowment Funds 2022 Total 2022 Total 2021 Cash Funds Current Accounts Deposit Accounts Total Cash Funds 92,468 76,075 168,543 3,051 662,146 665.197 95,519 738,221 833,740 73,105 201,146 274,251 Investment Assets Investment Property Equities RCB Unit Trusts CIT Unit Trusts Nl Central Invest. Fund Total Investment Assets 275,000 275,000 525,000 6,631 2,203,277 11,479 123,282 2,869,669 9,436 1,716,032 328,383 10,056 108,252 446,691 2,053.851 10,056 108,252 2.447,159 9,436 1,991,032 Assets retalned for the Parlsh's own use Holy Trinity Refurblshrnent St James Refurbishment Parish Centre Rectory Total Assets retalned for the Parlsh's own use 668,399 773,300 1,060,219 250,000 2,751,918 668,399 773,300 1,060,219 250,000 2,751,918 612,978 790,888 1,084,819 250,000 2,738,685 The note5 on pages 10 to 12 are an integral part of these financlal statements. The financial statements on pages 8 to 12 were approved by the Board of Trustees on behalf by= nd signed on its avid Fer Rector son Mr5 J McBride Honorary Treasurei Date- 21.3" &L3
Church of Ireland, Parish of Ramoan. Ballycastle Notes to the financial statements for the year ended 31" December 2022 l. Accounting policies The principal accounting policies adopted, judgements and key sources of estimation uncertainty In the preparation of the financial statements are as follows: {a) Reteipts and Payments Account All items of income and expendlture included withln the Receipts and Payments Account have been accounted for on a cash receipts basis. {b) Statement of Assets and Liabilities {1) Assets retainedfor the Porish'5 own use The assets of the Parish, retained for its own use comprise: Church Bulldlng and Graveyard The Church 8ulldin8 and Graveyard are deemed to be Herlta8e assets as defined by the Charitles SORP IFRS1021. The original costs of these Heritage assets are unknown. The churches have been recently restored and are recognised at the cost of restoratlon. Parlsh Centre Ramoan Parish Centre is recognised on the balance sheet at cost of construction. Rectory The orlglnal cost of the Rectory is unknown. It Is recognised on the balance sheet at fair value based on Independent professional advice. All property is vested in trust with the Representative Church Body. Depreclatlon has been provided on a stralght-line basis to write off the cost or valuation, less residual value of tangible assets over their estimated useful lives as follows.. Heritage Asset restoration Parish Centre 50 Years 50 Years (il) Investments Fixed asset investments comprising investment properties & lands, equities and RCB/CIT Unlt Trusts are initially recorded at cost and are then subsequently stated at fair value at each balance sheet date. InvesiTnent5 in unquoted Investments are recorded at cost and are assessed annually for impairment. io
Church of Ireland, Parish of Ramoan, Ballycastle Notes to the financial statements for the year ended 31 December 2022 (continued) Movement in Cash Funds At l Jan1022 Income Expendkure Transfers At 31 Dec2022 Unrestricted Funds General Fund Building Fund Sunday School 172,601 6.132 13.674 192,407 153,033 28,867 3,120 185,020 (118,5411 148,0001 176,6721 48,000 113,6711 1208,8841 159,093 6.327 3,123 168,543 Restricted Funds Capital Fund Bowllng Club Women's Fellowshlp 77,262 1,766 2,816 663,572 1.329 1,164 178,6881 15041 13,5201 662,146 2,591 460 81,844 666,065 {82,7121 665,197 Endowment Funds 8equests Total Cash Funds 274,251 851,085 1291,5961 833,740 Movement on Investment Funds Valuatlon ljan 2022 Valuatlon Adlu$tm•nt V•lu¥tlon 31 De¢ 2022 Transfers In Transfars Out Unrestrlrted Funds General 6,631 10,000 16,6311 15641 9,436 Restrlcted Funds Capital Fund 2,374,377 1250,0001 1133,3451 1,991,032 Endowment Funds Bequests 488,661 141,9701 446,691 Total Investment Funds 2,869,669 10,000 1256,6311 1175,879) 2,447,159 Purposes of Deslgnated Funds Buildin Fund.. The Trustees have set aside funds for the repalr and marntenance of Church buildings and Parish Centre. Sunda School Fund= The TTu5tees have set aside funds for use by the Sunday SthoDI. ttal.. The capitsl fund comprises property owned by the Parish, and investments funded by previous property and glebe land sales. These assets are held in trust by either the Representative Church Body or Church of Ireland Trustees. The Parish has restricted access to these funds for approved property capit31 expenditure only. Investment income is paid to the Parish to defray gener31 operatin8 Costs. Parish Or anisatlOll5.' Funds raised by Parish organisationsthrough membership foes and fundraFsers etc. are set aside to coverthe organisation'5 running £osts. The Parish has no atCÈ$5 to these funds for general use. Purposes of Endowment Funds Be uest5.' Legacie5 and bequests are invested and held in trust by RCB or Church of Irelancl Trustees. The Parish ha5 no access to the capital value. Annual investment income is paid to the Parish under the terms of the endowment to defray general Parish costs, e.g. stipend. grave upkeep. etc. Rarnoan School Teachers Residence. The proceeds of the sale of the former residence are invested and held in trust. The terms of the tTUSt stipulate that 75% of the investment income be paid to the Parish foT Sunday School purp05e5. The Parish has no ri2hts to the capital. li
Church of Ireland, Parish of Ramoan, Ballycastle Notes to the financial statements for the year ended 31" December 2022 (continued) 4. Tangible Fixed Assets Holy Trinity Restoration StJames' Restoration Parish Centre Rectory Total Cost At beginning of the year Additions Dlsposals At end of the year 696,565 70,768 879.462 1,229,987 250.000 3,056.014 70,768 767,333 879,462 1,229,987 250,000 3.126,782 Depreciation At beginning of the year Depreciation Disposals At end of the year 83,587 15,347 88,574 17,588 145,168 24,600 317,329 57,535 98,934 106,162 169,768 374,864 Net book value at be8innin8 of the year Net book value at end of the year 612,978 790,888 1,084,819 250,000 2,738,685 668,399 773,300 1,060,219 250,000 2,751,918 5. Collections for Thlrd parties 2022 2021 Bishops, Appeal Mothers Unlon 1,838 151 1,989 40 40 The amounts above have been included in receipts for the year under 'Special Collections, and in total payments for the year under 'Charitable Donations, 6. Trustee Remuneratlon and Expenses Key management are deemed to comprise the Trustees. One trustee was paid a total of £42,220 for salary & expenses during the year. 12