Parishes of Ballymoyer and Belleek Parishes of Ballymoyer and Bell¢¢k Trustees. Annual Repx)rt and Statement of Re¢¢ipts and Payments with Assets and Liabilities For the Ended 31" December 2019 Nortb¢rn Ireland Charities Number.. N104089 Parishes of Ballymoyer and Belleek Panshes of Ballymoyer and Belleek Annual Rep)rt and Financial Ststements for the Year Ended 31. December 2019 Contents References and Administrative Detsils of the Charity Pagesl-3 Trustees Rewrt Pages4-6 Independent Examiners Report to the Trustees Page 7 Receipts and Payments Accounts Pages8-9 Statement of Assets and LÉabiliti¢s Page 10 Notes to the Financial Stafrments Pagesll-12 Parishes of Ballymoyer and Belleek Parishes of BallymoyeT and Belleek Referenee and AdmRnistrAtive Details Charity Name.. Ballymoy¢r Union/St LukegArn]aglVChurch of Ireland Charity R¢wstration Number: 104089 Contact Address: l Tullyet Road. NewtownhamiIto￿ Newry. Co DowtL BT35 ORD. Trustees Mr Derek Anderson Mr Trevor Anderson Mrs Erla FTazer Mr David Ha￿¢hOrne Mrs Marion Hathorne Mr Colin Johnston Mr Fredrick Johnston Mr Robert Johnston Mr W R Johnston Mr T Porter Mr Alex Preston Mr Alastair Watt Mr David Watt Mr Nicholas Watt Mr William Watt Principal Office-Bearers Clergy.. Church Treasurer.. Church Warden- Clergy". Church Warden- People.. Rev Alan P S Synnott Mr Alastair Wati Mr Nicholas Watt Mr Colin Johnston Independent Auditor Name Mrs Amanda Crozier Address 189. Granemore Road. Tassagh, Co Arniagh, BT60 2RD. Bankers Ulster Bank 86 Hill Street. Newry. Co Dowi BT34 IBT. Parishes of Ballymoyer and Belleek Tru5tees' Annual Report for the Yevdr Ended 31 December 2019 The Trustees present the Annual Report: Statements of Receipts and Payments. and Assets Liabilities for th¢ Parishes of Ballymoyer and Belleek for the Year Ended 31" D¢cemlKr 2019. Objectives and Activiti The charitable purp)se of the Church of IT¢land is the Advancemcnl of Religon. The principal function of the Parishes of Ballymoyer and Belleek ￿e to suP￿rt the advancement of the Christian Religion by promoting, through the work of the Parishes the whole mission of the Church.. Pastoral, Evangelistic. Social and Ecum¢nical. Being o￿n to and engaging with society as a whole and offering support for those n¢¢th'ng help are fundamental to the practs'cal delivery of th¢ benefits of Christianity. As a result of activity in the pursuit of the advancement of the Christian Religioo the Parishes of Ballymoyer and Belleek have custody of property and of re￿r{l5. materials and artefacts of significance to the cultural and relI￿ouS heritage and maintenance of which in undertsken by the Select Vesty of Ball)Tnoyer and Bell¢¢k. Achievements, Performance and Public Benefrt The Parishes of Ballymoyer and Belleek exist primarily, and atK)ve all else. as places of Christian Worship. Setvices of Public Worship are held on each Sunday throughout the year. Holy Communion is also held on holy days such as Christmas Day. and Evening worslll'p is held to celebrat other Christian Festivals such as Harv¢st. During the week we provFd¢ ￿aStoral care and suptK)rt to ￿pIe of all ages and at a]1 seasons of life in th¢ Ball)Thoyer and Belleek aTe&s of County Arniagh, particularly through home and hospilal visits, especially in times of illness. ber¢avemenL chall¢ng¢ or distress. We SUPPK)rt mission and outreach work in this county and overseas by providing financial assistancc. Each Sunday from September to June Sunday School is open to all clll"Idren in th¢ P￿IsheS between the ages of 4 and 14. We have mitigaled any potential harm from the activiti¢s by upholding the standards of the Church of IT¢land's Child Protection Policy-"Safeguarding Tn￿t. which includes a risk assessment of Rooms. Buildings, Supervisors and Events. The Parishes have giv¢n careful consideration to the Chanty Commission for Northern Ireland's guidance on public benefit to ensure these activities fulfil our objectives and charitable purpose and provide public benefit. Through our activities we aim to contribute not only to the Spiritual Well-Being of people but their Physical. Practical, Social and Emotional needs also Our activities are o￿n to all and are free at the point of use. There are no fees charged. Our chan'ty is fund¢d by voluntary donations and contributions. Financial Review The charity had a deficit of £2048.18 for the year ¢nded 31" Decernl￿r 2019. This was in part du¢ to outstanding accounts for the year ending 31" December 2018. Although the charity continues to be in a Parishes of Ballymoyer and Belleek reasonably healthy financial state as of 31" December 2019 with tolal cash fimds of £80.016.69. With the continued support of all our priskn'oners and fn.ends in the community who help to support us either by weekly givin& donations OT attending our activities we are able to. after paying out all our running costs and charitsbl¢ donations we are left with a bank balance on the 31112119 of £39.986.30. Full details can be seen in the Receipts and Paymenls Accounl. The Charity aims to retsin sutTici¢nt reserves to meet its expected future expenditure requir¢m¢nts as well as rK)tential future capital projects. Going Concern The trustees have review¢d the budgets for the year ahead and are satisfied that there are adequate fimds in place to ¢nsure that the Parish can continu¢ its activities and the fijwicial slatements for the year ended 31° December 2019 can b¢ signed off as a going concern. Reserve Policy The Select Vesty's p)licy is to retain a level of free reserves or general reserves which match¢s its needs at the current tirne and in the foresc¢abl¢ firture. The main r￿On for holth.ng res¢rves is to ensure that the charity has enough resources to fund its prowme and to hold sutTici¢nt resources to meet its ommitmenls. Th¢ Trustees believe tIHt tkn's reserve ￿lIcY is botb reswnsible and prudent. Strneture, Governance and Management Governing Document and Constitution of the Charity Th¢ Parish is administered in accordance with the Constitution of the Church of Ireland published by the General Synod of the Church of Ireland. Chapter ItI of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. Th¢ Select Vesty members ar¢ th¢ Charity's Trustees. Reeruitment and Appointment of Select Vestry (Trustees) All m¢mb¢rs of the Church of Ireland who are over the age of18 and ate either resident within the Parish or live els¢where but have been accustomed members of the congregation for at least three months. n]ay register &$ members of the G¢n¢ral V¢sty of the ParislL allowing them to attend and vote at meetings of the General Vesty and to stand for election to the Select Vesty. Meetings of the General V¢sty are held at least once a year. The Select Vesty is elected as wt of the General Vesty meeting. The Select Vestry will hold their positions for a period of one year. Select Vestry n]embers may be r¢.•MJO Parishes of Ballymoyer and Belleek Statement of Accounts for Ballymoyer Repair Fund 8$ 8t 31" December 2019 Opening Balance I. January 2019 £16.946.52 Total Income fw the Year £4.611.66 Totsj Expenses for the Year £1292.58 Total Excess for th¢ Year £3319.08 Closing Balance 31" December 2019 £20265.60 Statement of Accounts for Belleek Repair Fund as at 31 December 2019 Opening Balance 1° January 2019 £17.333.83 Total Income for the Year £2606.36 Total Expenses for the Year £3.784.15 Total ExcesslD¢ficit for the Year -£1.177.79 Closing Balance 31" December 2019 £16,156.04 Signed on Behalf of Ihe Trustees Aldo,, Marion HaM¢horne Al&stsir Watt Hon. Secretsry Hon. Treasurer Date.. thte: IJ Parishes of Ballymoyer and Belleek Ststement of Assets and LiAbilities as at 31 December 2019 Cash Funds Ballymoyer and Bell¢ek No I Current A¢￿Unt £39.986.30 Ballymoyer Repair Fund £20,265.60 Belleek Repair Fund £16.156.04 Ballymoyer and Belleek Synott Charity Account £543.44 Business Reserve Account Ballymoyer £1.085.31 Business Reserve Account Belleek AWA £1,980.00 Total Cash Funds £80,016.69 Fixed Assets Church Building and Contents- Ballymoyer £998.458.00 Church Building and Contents- Belleek £559.165.(X) Ballymoyer Rectory £499.244.00 Church Hall- Ballymoyer £161,095.00 Church Hall- Belleek £81,978.00 Total Fixed Assets £2299,940.(KI There was no outstanding loanslbi115 for 2019 therefore there is No Liabilitie& io Parishes of Ballymoyer and Belleek ol&% to the Financial Statement for the Year Ended 31 December 2019 Accounting Policies Set out above ar¢ the principle accounting ￿lIcIeS which have been adopted in the compilation of the Receipts and Payments Account (See stat￿nent of Accounts) and the Statement of Assets and Liabilities (S¢e Statement of Assets and Liabilities). 4. Receipts and Payments Account All items of income and expenditure )￿luded within th¢ Re￿Ipts and Payments Account have been accounted for on a cash r¢ceipt Ixsis. Voluntary income is received by way of donations and gifts and is included in full in the ststemenl of financial activiti¢s when receivable. The value of s¢rvices ptovided by volunteers h&s not been included. The Parish generally meets its day lo day working capital requirements from its annual income unfortunately this was not the cas¢ this year. The Trustees have obtained and revi¢wed cash flow forecasts for the coming year and based on these are sthsfied that the PaTishes have resources to provide a reasonable expectstlon that it can meet its financial obligations as they fall due for the foieseeable future. Therefore these financial statements hav¢ been prepred on a going concern basis. b. Statement of A￿ets and Liabilities Assets retailled for the Parishu. own use The assets of the PaTishes. retained for their own w comprise of: Church Buildings and Graveyards Parish Halls and Contents Gle￿ House and Land These are deemed to be Heritage Assets as defined by the Charities SORP {FRS 102). Thes¢ Heritage Assets are included in the statement of &ss¢ts and liabilities while the infonnation of the cost or valuatt.on is not currently available &s such inforniation cannot be obtained at a cost commensurate with the benefit to the us¢rs of the accounts and to the Church. However the valuations listed for the fixed assels refers to the 2016 valuation figures. Investments Fix¢d asset Investments comprising investment prO￿leS. investtnent in equities (Ordinary Shares) and investment in RCBICIT Unit Trusts are initially recorded at cost and ar¢ then subsequently ststed at fair value at each year ¢nd date. Investments in unquoted investments are recorded at cost and are assessed annually for impaimient. Transactions with the Trustees Th¢Te were no transactions with the Tn￿S during the year ended 31" December 2019. No Trustee or any person relat¢d to a trustee had any prrsonal inteTCSt in any contract 01 tratwction ¢nt¢red into by the Charity during the year. li Parishes of Ballymoyer and Belleek Governance Costs Governance costs of £IOO.00 were incurred during the year end￿ 31° December 2019. Governance costs &Te included within the Administration Costs in the R¢ceipts and Paym¢nts Account. 12