Tynan/St Vindics/Armagh/Church Of Ireland Accounts for the year ended 31 December 2023 Charity reference number: NIC103966
Tynanlst VindieslArmagh/Church Of Ireland Aecounts for the ear ended 31 December 2023 Page Independent examiners report Receipts and payments account Statement of assets and liabilities Notes to the accounts
Tynanlst Vindlcs/AnnaghlChurch Of Ireland Accounts for the ear ended 31 December 2023 Page I Independent examiner's report to the charity trllSt of Tynanlst VindicslArmaghlCburch Of Ireland I report on the accounts of the charity for the year ended 31 December 2023, which are set out on pag¢s 2 to 3. Respective responsibilities of eharity trustees and examiner As the charity's trustees you are responsible for th¢ preparation of the accounts in accordance with the Charities Act (Nortbern Ireland) 2008. It is my responsibility to: examine the accounts under section 65 of the Charities Act follow the prOCedeS laid down in the general Dirertions given by the Commission und¢r section 65(9)(b) of the Charities Act state whether particular matters have come to my attention. Basis of iDdependent eiaminer's report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was CWTied 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 tbos¢ records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as chaTity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe: l. That accounting records were not kept in accordance with section 63 of the Cknities 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 Charitie5 Act 4. That there is furtber inforn]ation needed for a proper understanding of the accounts to be reached. Independent examiner's 5tstement I have completed my examination and have no concerns in respect of the matters (l) to (4) listed above and, in CODnection with following the Directions of the Charity Commission for Northern Irelan(L I have found no matters that require drawing to your attention. Natne: Graeme Parr of GDP Accountants Ltd Relevant professional qualification or body.. FCCA CTA Address.. 122A Moore Street, Aughnacloy, Co Tyrone, BT69 6AA Date.. 24 July 2024
Tynanlst VindicslArmaghlChurch Of Ireland Aeeounts for the ear ended 31 Decen)ber 2023 Page 2 Receipts and payments account Restricted Endowment Unrestricted Funds Funds Funds 2023 2023 2023 Total 2023 Total 2022 Receipts DonatlOn5, bequests & plate collections Investment income Land income Proceeds from fundTaising events Other income Expense recharges to other Parish's Total Receipts 26,775 26,775 1,523 ,124 28,619 557 7,224 1,513 8,124 3,687 8.934 47,529 3,687 8,934 49,043 7.646 7,177 51,223 1,513 Payments Rectory expenses Church expenses Hall expenses Land expenses Assessment Honoraria Bank interest and fees Charitable donations Funthaising expenses Printing and stationery Payments for Church organisations Equipment purth&ses Other expenses Total Payments 13,010 5,998 2,746 3,246 12,671 4,170 197 3,183 13,010 5,998 2,746 3,246 12,671 4,170 197 3,183 8,029 17,683 2,433 I,oio 17,700 3,965 390 2,046 217 479 217 479 2,732 462 880 46,797 880 46,797 2,424 58,874 Net of reeeiptsl(payments) 1,513 732 2,246 7,651 Transfers Net of receiptsl(payments) after transfers 1,513 732 2,246 7,651 Signed as approved on behalf of the trustees by., Ashley MarshaIl Trustee Karen Marshall Trustee Date:
Tynan/St Vindies/Armagh/Church Of Ireland Accounts for the ear ended 31 December 2023 Page 3 Statement of assets and liabilities Restricted Endowment Unrestrieted Funds Funds Funds 2023 2023 2023 2023 2022 Casb funds Cuen¢ deposit accounts and cash 15,595 18?22 33,917 31,671 Investment assets Investments in RCBICIT Unit Trusts Assets beld for charities own use Fixtures, fittings and equipment Agricultural land Total assets held for charities own use 23,100 23,100 23,100 192,000 192,000 192,000 215,100 215,100 215,100 Total a55ets 21,190 233.422 254,612 252,366 Signed as approved on behalf of the tn15tees by: Ashley Marshall Ttee Karen Marshall Trustee Date:
TyDanlSt Vfindic51ArmaghlChurch Of Ireland Aceounts for the ear ended 31 Deeember 2023 Page 4 Accounting policies Set out below are the principal accounting policies which have been adopted in th¢ compilation of the Receipts and Payments Account and the Statement of Assets and Liabilities. (a) Receipts and Payments Account All items of income and expenditure included within the Receipts alld Payments Account have been accounted for on a cash receipts basis. (b) Ststement of Assets and Liabilities (i) Assets retalnedfor the Parish s own use The assets of the Parish, retained for its own use comprise:_ Church Building and Gravewd Church Hall Rectory Agriculturdl land Fixtures and fittings The Church Building, Graveyard and Church Hall are deemed to be Heritage assets as defined by the Charities SOIiP IFRSI 02). Tbese Heritage assets are not included in the Statement of assets and liabilities as infonnation on the cost or valuation is not available and such inforniation cannot be obtained at a cost commensurate with the benefit to the users of the accounts and to the parish. The Rectory was built in the 1860's. There are no reliable records of the cost of this constructioD/ acquisition and the valuation approach for such a building lacks sufficient reliability. As a result this building is not recognised in the parish statement of assets and liabilities. 24 acr¢s of agricultural land h&5 been valued at £8,000 per acre by the Trustees. FIxteS and Fittings are recognised at a valuation provided by the Trustees plus additions made at cost. ii) Investments Fixed asset investments comprising investhient in RCBICIT Unit Trusts are recorded at cost. Reconciliation of casb funds 2023 2022 Total cash fund5 at the b¢ginning of the year Receipts for the year Payments for the year Total cash funds at the end of the year 31,671 49,043 46,797 33,917 39.321 51,223 58,873 31,671