Trustees Annual Report
Drummaul Parish Church St. Brigids Randalstown (NIC103114)
C/O Hon. Treasurer Mr William Spillane,
1A Glenkeen, Randalstown, Antrim, BT41 3JX
.
1st January 2023 until 31[st ] December 2023
Trustees.
Mr Jimmy Kidd, Mr Gerry Mcgovern, Mrs Linda Mcgovern, Mr Bill Carson, The Lord O'Neill, Mr William Spillane, Mrs Iris Fry, Mrs Jayne Irvine, John D. Logan, Mrs Karen Surgenor, Mr Frank Kane, Mrs Jacqueline Cunningham.
Finance
The accounts have been prepared on a receipts and payments basis and in accordance with applicable accounting standards and under the historical cost convention and in accordance with Charities Law.
The surplus of income over expenditure for the year was £6,010.91
The income, with respect to Freewill Offerings, increased by almost £3000 over the previous year. There were several bequeaths that totalled over £10,000 and a substantial one-off donation of £7,200, which helped boost the annual income. In addition, several fund-raising events including several Table Top Sales events and the Christmas Concert raised over £3,500 for parish funds.
However, expenses also increased in 2023. While many expenses increased slightly with respect to the previous year, we did incur a significant expense of £4,900 to replace the boiler for the Church Hall as well as further increase in the cost of Heating and Lighting, Church Insurance and Parish Wage costs by an additional £4,400 compared 2022.
The £69,324 held in the Ulster Bank Trust Accounts cannot be used by the church as this would be a breach of the Trust conditions.
Balance as of 31[st] December 2023
Trust Assets £69,324.00 Church Assets (£9,232.51) Total £60,091.49
Management .
The Finances are managed by the Treasurer who reports back to the Trustees at Finance and Select Vestry Meetings on a regular basis (bi-monthly) or in-between if necessary. Trustees are elected each year at the Easter General Vestry.
The Security and safeguarding of all monies is important to the Trustees and all monies are counted and banked under dual control.
A Safeguarding Trust Panel is in place to ensure compliance with current legislation. Current Panel Members: Mrs Linda McGovern, Andrea Marks and Rev Jonny Campbell-Smith.
A monthly "working party' directed by the Glebe Wardens undertake the routine maintenance of the parish buildings and grounds. The parish estate is inspected every five years by an appropriate architect, who will produce a Quinquennial Inspection Report. This report provides a detailed snapshot of the condition of buildings and gives clear guidance to the Trustees in how to manage the properties and prioritise any essential work.
Purpose
The principal function of the Parish is to support the advancement of the Christian religion by promoting through the work of the Parish the whole mission of the Church, pastoral, social and ecumenical.
All the functions of the Parish relate to the advancement of religion through holding regular worship and communicating with and caring for parishioners of all ages, especially the sick and elderly and others in our community.
Public Benefit
The Charity Trustees have complied with their duties in line with the Commission's Public Benefit statutory guidance.
Regular worship and reaching out into the community as well as other activities both social and fundraising have been carried out through the year to fulfil our statement of Public Benefit.
The Parish has collected donations for food bank that have been passed on to Mr William Logan to help with disadvantaged families in the areas that he works.
Throughout the year various activities and services are shared with the other churches in the Randalstown district.
The church halls are regularly used by the badminton and bowling clubs, and on occasion other community organisations in the locality who request appropriate facilities.
Approved by the Trustees on 10th September 2024 and a signed on their behalf by:
Mrs Linda McGovern Mr William Spillane Secretary Honorary Treasurer