St Aidan's Parish Church Salters Grange Trustees, Annual report and Statement of Receipts and Payments and Assets and Liabilities For the year ended 31 December 2024 Charities Number.. NIC104040
St Aidan's Parish Church. Salters Grange Annual report and financial statements for the year ended 31 December 2024 Page Contents References and administrative details of the charity Trustees, report Independent Examiners Report to the Trustees Receipts and payments account statement of assets and liabilities Notes to the financial statements 10-12
St Aidan's Parish Church General Information Charity Name.. Grange - St Aidan's Parish Church Charity Registration Number.. NIC104040 Loughgall Rectory, 2 Main Street, Loughgall, BT618HZ Contact Address: Trustees Rev Peter Smith, Mrs Linda Coulter, Mrs Charlotte George, Mrs Heather George, Mrs Iris George, Mrs Lorna George, Mrs Hazel Jenkinson, Mr Charles Coulter, Mr Malcolm Dawson, Mr David Gibson, Mr Drew Gilpin, Mr lan Irwin, Mr Eric Nesbitt, Mr Kenneth Orr, Mr John Sinton, Mr Neil Watson Princi al Office - Bearers Rector.. Rev'd Peter Smith MTh Rector's Church Warden.. Mrs Linda Coulter People's Church Warden: Mr John Sinton Church Secretary.. Mr Malcolm Dawson Church Treasurer: Mr Kenneth Orr Inde endent Examiner WHR Accountants Ltd - 56 English St, Armagh, BT617LG Bankers Ulster Bank Santander 7 Upper English Street Armagh BT617BL 19 Upper English Street Armagh BT617HG
Trustees, Annual Report for the year ended 31 December 2024 The trustees present the annual report and statements of Receipts and Payments and Assets and Liabilities for St Aidan's Parish Church for the year ended 31 December 2024. Ob ectives and Activities The charitable purpose of the Church of Ireland is the advancement of religion. The principal function of St Aidan's Parish Church is to support the advancement of the Christian religion. 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. As a result of activity in the pursuit of the advancement of the Christian religion, St Aidan's Parish Church has custody of property and of records, materials and artefacts of significance to the cultural and religious heritage and maintenance of which is undertaken by the select vestry of St Aidan's Parish Church. Achievements Performance & Public Benefit Throughout 2024, regular Sunday morning services were held in St Aidan's Parish Church for the advancement and expression of Christian religion. Special services were also held during the seasons of Holy Week, Harvest and Christmas. There was a weekly morning service during the seasons of Lent and Advent. On Sunday Ih 18 of February 2024 there was a 'Service of Confirmation,. After the Service a special lunch was held in the Parish Hall. Regular collections took place for the food bank. Donations of food items used for the decoration of the church at the Harvest Services were distributed to the local Simon Community Hostel in Armagh. Men's hygiene items and towels were also donated by parishioners to the local Simon Community Hostel. Grange Parish continues to engage constructively with children and young people through the Sunday school integrating those involved into the life of the Parish through the reinforcement of Christian values. The Youth Fellowship has continued to meet with various activities organised to provide a safe environment and a Christian outreach for the young members of the Parish. Social events for the parishioners included 'padel tennis, and a Keith & Kristyn Getty concert. During the year the Select Vestry initiated the process for the refurbishment of the church windows which were in need of vital maintenance. A contractor has commenced the work with assistance towards the costs secured from the National Churches Trust.
Trustees, Annual Report for the year ended 31 December 2024 Grange Parish adheres to the Church of Ireland's "Safeguarding Trust" policy for the protection of children and vulnerable adults. Church members attend training sessions to ensure awareness to best practice. The parish maintains artefacts, materials and historic buildings for the benefit of the public and in particular for those appreciative of longstanding Christian heritage. The Parish restricts access to Church buildings for public safety reasons any visitors who wish to access same for viewing purposes are accompanied by a member of the Church. Financial Review Receipts for the Parish from various sources came to £81,009 with payments of £90,163 resulting in a deficit of £9,154. The Bank and Cash Balance as at 31 December 2024 was £162,863 (of this balance £35,867 were unrestricted funds, £122,882 restricted funds and £4,114 endowment funds). It is the Trustee's Policy to hold sufficient reserves to cover the on-going running costs of the Parish and any major Church Property maintenance issues that may arise. Goin 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 ended 31 December 2024 can be signed off as a going concern.
Trustees, Annual Report for the year ended 31 December 2024 Structure Governance and Mana ement Governing Document and Constitution of the Charity Chapter 111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The Select Vestry members are the Charity Trustees. Recruitment and Appointment of Select Vestry (Trustees) 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 tttembers of the general vestry of the parish, allowing them to attend and vote at meetings of the general vestry and to stand for election to the select vestry. Meetings of the general vestry are held at least once a year. The Select Vestry is elected as part of this General Vestry meeting. The Select Vestry will 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 that may be served. Organisafional Structure The Select 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, the churchwardens, the glebe wardens and generally not more than twelve other members of the general 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 agreed by the members. Special meetings may be convened at any time by the chairperson or the churchwardens. In 2024 the Select Vestry met 4 times with an average attendance of 12 members. Compliance with PubliG Benefit The Parish has given careful consideration to the Charity Commission for Northern Ireland's guidance on public benefit to ensure that the activities entered into during the year have helped to achieve the Parish's objectives and activities, as well as providing public benefit.
Trustees, Annual Report for the year ended 31 December 2024 Statement of Trustees, Responsibilities The trustees are responsible for preparing the Trustees, Report and the Statement of Receipts and Payments and Assets and Liabilities in accordance with applicable law and regulations. The law applicable to charities in Northern Ireland with Income of less than £250,000 requires the trustees to prepare a Statement of Receipts and Payments and a Statement of Assets and Liabilities for each financial year. 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 assets and liabilities of the Parish. The trustees are also responsible for safeguarding the assets of the Parish and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed on Behalf of the Trustees Trustee.. 1 Trustee.. 2 Date
Independent Examiners Report to the Trustees of St Aidan's Parish Church I report on the accounts of the Charity for the year ended 31 December 2024. Respective responsibilities of charity trustees and examiner: As the Charity 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 Charities Act to follow the procedures laid down in the General Directions given by the Commission under section 65(9)(b) of the Charities Act to state whether particular matters have come to my attention Basis of the independent examiner's 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 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 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: The 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 requirements if the Charities Act That there is further information needed for a proper understanding of the accounts to be reached Independent examiner's statement I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland., I have found no matters that require drawing to your attention. Is James obinson FCCA WHR Accountants Ltd 56 Upper English St, Armagh BT617LG Date
Receipts and Payments Account for the year ended 31 December 2024 Unrestricted Funds Restricted Endowment Funds 2024 Funds Total 2024 Total 2024 2024 2023 Receipts Donations, Plate Collections & Gift Aid Proceeds from Fundraisin Events Grants Bank & Deposit Interest Investment Income Rental of Premises Other Receipts Receipts from Parish Organisations Total Receipts 65,430 35,796 24,465 60,261 3,000 3,134 61 3,000 3,416 289 282 228 1,466 229 11,180 2,003 11,180 2,003 10,865 2,345 860 860 1,440 50,349 30,660 81,009 81,775 Payments Diocesan Costs Church running costs Glebe Costs 24,610 10,064 2,360 1,825 1,573 3,383 24,610 45,328 7,894 3,007 2,093 3,383 23,947 11,592 35,264 5,534 1,182 520 Parish Centre Property Costs Administration Costs Fundraising Costs Charitable Donations Payments for Parish Organisations Total Payments 5,240 1,348 3,085 1,940 1,940 1,200 1,908 1,908 1,081 47,663 42,500 90,163 47,493 Excess/(Deficit) of Receipts over Payments for the year before transfers 2,686 (11,840) (9,154) 34,282 Transfers Excessl(Deficit) of Receipts over Payments for the ear 2,686 (11,840) (9,154) 34,282
Statement of Assets and Liabilities as at 31 December 2024 Unrestricted Funds 2024 Restricted Funds Endowment Funds Total Total 2024 2024 2024 2023 Cash Funds Current Accounts Deposit Accounts Total Cash Funds 24,676 11,191 35,867 5,742 117,140 122,882 30,418 132,445 162,863 32,812 139,205 172,017 4,114 4,114 Investment Assets Equity Investments Investments in RCBICIT Investment Properties Total Investment Assets 465 465 415 10,243 10,243 10,210 465 10,243 10,708 10,625 Value 31.12.24 Assets retained for the Parish's own use Parish Church Heritage Heritage Heritage Heritage 372,000 Church Graveyard Talbot Hall Schoolmasters House Parish Hall Glebe House 346,500 Glebe Land 15,000 Total Assets retained for the Parish's own use 733,500 Signed on Behalf of the Trustees Trustee.. 1 Trustee.. 2 Date 15
Notes to the financial statements for the year ended 31 December 2024 Accounting Policies Set out below are the principal accounting policies which have been adopted in the compilation of the Receipts and Payments Account and the Statement of Assets and Liabilities. Receipts and Payments Account All items of income and expenditure included within the Receipts and Payments Account has been accounted for on a cash receipts basis. Statement of Assets and Liabilities Assets retained for the Parish's own use The assets of the Parish, retained for its own use comprise:. Church Building and Graveyard Talbot Hall and Old School Masters House Parish Centre Rectory - Salters Grange Glebe Land Church Buildin and Grave ard The Church Building and Graveyard are deemed to be Heritage assets as defined by the Charities SORP (FRS102). These Heritage assets are not included in the statement of assets and liabilities as information on the cost or valuation is not available and such information cannot be obtained at a cost commensurate with the benefit to the users of the accounts and to the parish. Talbot Hall and Old School Masters House The Talbot Hall and Old School Masters House are physically located within the grounds of the Church and Graveyard and are not separable as individual assets and as such they are deemed to be Heritage assets and no value is ascribed to them in the statement of assets and liabilities. Parish Centre The Parish Centre was built in 1961. There are no reliable records of the cost of construction. The property is well maintained and is stated at insured value. Rector Salters Gran The Rectory was built in the late 1940's. Since the grouping with Loughgall Parish the Rectory has been privately tenanted. There are no reliable records of the cost of construction. The property is well maintained and is stated at insured value. Glebe Land The Glebe land has been estimated at the current market rate for agricultural land. -io-
Notes to the financial statements for the year ended 31 December 2024 i) Investments Fixed asset Investments in RCBICIT Unit Trusts are initially recorded at cost and are then subsequently stated at fair value at each year end date. Reconciliation of Cash Funds Total Cash Funds at Beginning of the year Receipts for the Year Payments for the Year Total Cash Funds at end of the year 172,017 81,009 90,163 162,863 Movement in Funds At1Jan Incoming Resources Outgoing Resources At 31 Dec 2024 2024 Endowment Funds Bequest Account 4,114 4,114 Restricted Funds General Account Bequest Account Repair Account 71 61 132 134,735 134,806 30,599 30,660 42,584 42,584 122,750 122,882 Unrestricted funds General Account 24,967 8,130 33,097 49,489 860 45,671 1,908 47,579 28,785 7,082 35,867 Catering Account 50,349 Total Funds 172,017 81,009 90,163 162,863 -li-
Notes to the financial statements for the year ended 31 December 2024 Pur oses of Endowment Funds The Bequest Funds have been established for donations to the Church. Donations have been invested in either a Bank Deposit Account or in the RCB and General Unit Trust Funds. Pur oses of Restricted Funds Bequest Account- The Bequest Account provides income in the form of interest and dividends for use at the discretion of the trustees to cover graveyard and other church expenses. Repair Account - The Repair Account is used for the maintenance and renewal of church property. Pur oses of Desi nated Funds Each organisation holds their own bank account to cover annual running costs of same. Collections for Third Parties 2024 2023 Hospice Collection Simon Community MU Rural Deanery Collection Nl Chest Heart and Stroke 150 115 232 278 Mums in May 165 The above amounts have been included in Receipts for the Year under Donations and Plate Collections and in Payments for the year under Charitable Donations. Transactions with the Trustees The parish paid £1,500 to the trustee Mrs H Jenkinson relating to the cleaning of church property. Governance Costs Governance costs were not incurred during the year. -12-