Church of Ireland, Parish of Ramoan, Ballycastle Independent Examlnerfs 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. Respectlve responsibilities of charity trustees and examiner As the charitvs trustee5 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. Follow the procedures laid down in the general Directions given by the Commission under section 65{9llb) of the Charities Act. State whether particular matters have come to my attention. Basis of independent examinerfs 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 6519llb) of the Charities Act. My examination included a review of the accounting record5 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.. That accounting records were not kept in accordance with section 63 of the Charities Act. That the accounts do not accord with those accounting records. That the accounts do not comply with the accounting requirement5 of the Charities Act. There is further information needed for a proper understanding of the account5 to be reached. Independent examlnerfs statement I have completed my examination and have no concerns in respect of the matters11} to141 listed above and, in connertion with the following the Direction5 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 Recelpts and Payments Account for the year ended 31" December 2022 Unrestricted Funds 2022 Restrlcted Funds 2022 Endowment Funds 2022 Total 2022 Total 2021 Recei Regular Giving & Collection5 Donations & Legacies Special Collections Parish Centre Fundraising Property Rentals Investment Income Culfeightrin Parish Other Income Grant income Parish Organisations 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 Recei ts 185,020 666,065 851,085 218,888 Pa ments Stipend & Staff Diocesan assessments Repair & Upkeep Heat, Light & Power Administration Sunday School Charitable Donations Rental Property upkeep Parish Organisations 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 Excess/ {Deficltl of Receipts over Payments before transfers {23,864) 583,353 559,489 59,425 Transfers between funds Excess/ (Deficlt) of Receipts over Payments for the Year 123,8641 583.353 559,489 59,425 Cash funds brought forward Cash 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 Notes to the financlal statements for the year ended 31$1 December 2022 {continuedl Movement in Cash Funds At l Jan2022 Incorne Expèndlture 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 1118,5411 148,0001 176,6721 48,000 113,6711 {208,8841 159,093 6,327 3,123 168,543 Restricted Funds Capital Fund Bowling Club Women's Fellowship 77,262 1,766 2,816 663,572 1,329 1,164 178,688) 15041 13,5201 662.146 2,591 460 81,844 666,065 {82,7121 665,197 Endowment Funds Bequests Total Cash Funds 274,251 851,085 (291.596) 833,740 Movement on Investment Funds Valuatlon l Jan 2022 Valuatlon Adjustment Valuation ai De¢ 2022 Transfers In Transfers Out Unrestrlcted Funds General 6,631 10.000 16,6311 15641 9.436 Restricted Funds Capital Fund 2,374,377 1250,0001 1133,3451 1,991,032 Endowment Funds Bequests 488.661 {41,9701 446,691 Total Investment Funds 2,869,669 10.000 1256,6311 1175,879) 2,447,159 Purposes of Desl8nated Funds Buildin Fund.. The Trustees have set aside funds for the repalr and maintenance of Church buildings and Parish Centre. Sunda School Fund.. The Trustees have set aside funds for use by the Sunday School. Ca ital: The capital fvnd comprises propÈrtyowned bythe Parish, and investments funded by previous propertyand 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 fund5 for approved property capital expenditure only. Investment income is pard to the Parish to defray 8eneral operating costs. Parish O anisations: Funds raised by PaT15h or8anlsations through membership fee5 and fundraisers ett. are set aside to toverthe orBanisation's runnin8 costs. The Parish has no access to these funds for general use. Purposes of Endowment Funds Be uests.. Legacie5 and beque5t5 ère invested and held in trust by RCB or Chltrch of Ireland Trustees. The Parlsh has no attess tothe capital value. Annual investment income is paid to the Parish under the ierms of the endowment to defray general Parish cost5, e.g. stipend. grave upkeep, etc. Ramoan School Teachers Residence. The proceed5 of the sale of the former residence are invested and held in trust. The term5 of the trust stipulate that 75% of the investment income be paid to the Parish for Sunday School purposes. The Parish has no rl8hts 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. Tanglble Fixed Assets Holy Trinitv Restoration StJames' Restoratlon Parish Centre Rertory Total Cost At beginning of the year Additions Disposals 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 beginning 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 Third parties 2022 2021 Bishops, Appeal Mothers Union 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 Remuneration 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