MarkethilllKllcluney* St Johns, Armagh, Church of Ireland
Trustee￿ Annual report and Ststement of Re￿[pts and Payments and Assets and Liabilities
For the year ended 31 December 2024
Charftles Number: Nl'll)4093

Markethill/Kilcluneyp St John5, Armagh. Church of Ireland
Annual report and financial statements for the year ended 31 December 2024
Contents
Pages
References and administrative details of the Charity
Trustees, report
Independent Examiners Reportto the Trustees
Receipts and payments account
Statement of 3$5ets and liabilities
Notes to the financial statements
io-ii

Markethill/Kilcluney• St Johns. Armagh. Church of Ireland
References and admlnlstratlve detalls
Charity Name:
Markethill/Kilcluney. St Johns. Arma8h. Church of Ireland
Charity Registration Number:
NI 104093
Contact Address:
51 Coolmillish Road, Markethill, Co Armagh. BT60 ISH
Trustees
David Alexander
Gareth Black
William Bradshaw
John Cartmill
Cecil Cralg
Ivor Ferguson
Ann Hughes
Charles Irwin
Joanne Liggett
Stephen Menary
Peter Munce
Joanne O'Brien
Clifford Rainev
Beatrice Shirley
Thomas Shirley
Roy Warnock
Prlncipal Office-bearers
Cler8v:
Church Secretary:
Church Treasurer:
Church Warden- Clergy:
Church Warden - People:
Revd Peler Munce
Joanne Liggett
Joanne O'Brien
Thomas Shlrley
Ann Hu8hes
Bankers
Danske Bank
45-48 High Street
Portadown
Co Armagh
BT62 ILB

Trustees, Annual Report for the year ended 31 December 2024
The trustees present the annual report and staterrjents of Receipts and Payments and Assets and Liabilities for
Markethill/Kilcluneyi St Johns, Armagh, Church of Ireland for the year ended 31 December 2024.
Objective5 and Activities
The charitable purpose of the Church of Ireland is the advancement of religion.
The principal funrtion of Markethill/Kilcluney• St Johns, Armagh. Church of Ireland is to support the advancement of the
Christian religion by promotin& through the work of the MarkethilllKilcluney* St Johns. Armagh, Churth of Ireland the
whole mission of the Church, pastoral. evangelistic, social and ecumenical. Being open to and engaging with society as a
whole and offering support for those needin8 help are fundamental to the practical delivery of the benefit5 of Christianity.
As a re5uIt of activity in the pursuit of the advancement of the Christian religion, Markethill/Kilcluney. St Johns, Armagh,
Church of Ireland has custody of property and of records, materials and artefact5 of significance to the cultural and
religious heritage and maintenance of which is undertaken by the Selert Vestry of the Markethill/Kilcluney. St Johns,
Armagh, Church of Ireland.
Achievements, Performance & Public Benefft
The high point of our week Is on a Sunday when we meet together for worship, prayer and to listen and learn from God's
word. Durlng the week we provide pastoral care and 5UPPOrt to over 250 people in the Markethill area of Co Armagh
particularly through home and hospital visits. We support misslon and outreach work in this country and overseas through
partnering with individual churches and mission agencies, providing financial assistance and on occasions, personal
volunteers.
We have numerous groups and clubs running in ourchurch halls which cater for all ages and many interests. Boys BrSgade,
Girls Friendly Society, Choirs, Pilate5 Class, Mothers Union, Parent & Toddlers/Babies. Youth Fellowship, Sunday Schools,
Klds Club and over 5tr5 Club.
These activities fulfil our objectives and charitable purpose and have provided 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 open to all and are free at the point of use. There are no fees charged. Our charity Is funded by
voluntary donations and contributions.
We have rnitigated any potenti31 harm from the activities e.g. We uphold the standards of the Church of Ireland's Child
protectlon policy-"Safeguardin8 Trust" which Includes undertaking Risk Assessments of rooms, buildings and events.
Financlal Review
The principal source of Income of Kilcluney Parish Church continues to be from donations and plate collections.
The charity had an exce55 of payments over receipts of £2.384 for the year ended 31 December 2024.
The charity continues to be in a healthy financial state as at31 December 2024 with total cash funds of £119,532.
The charity aims to retain sufficient reserves to meet its expected future expenditure requirements as well as
potential future capital projects.
Going 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. 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 (continued)
Structure, Governance and Management
Governing Document and Constitution of the Charity
Chapter111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The Select Vestry
members are the Charity Trustees
Recrultment 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 accustorned members of the congregation for at least three months, may register as members
of the general vestry of the parish, allowing them to attend and vote at meetings of the £eneral 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 Selert Vestry will hold their positions for a period of one year. Select Vestry
members may be re-elected annually and there 15 no limit on the number of term5 which may be served.
Pay and remuneratlon
The Incumbent IRectorl of the Parish stipend is paid directly by the Diocese, and receives a stipend in accordance with
figures approved by the General Synod of the Church of Ireland tO8ether with approved office and locomotory
allowances.
Organlsational Structure
The select vestry is responsible for the day to day mana8ement of the parish. The select vestry consists of the member of
the clergy serving in the parish, any curate assistant (°the curate"), the churchwardens, the 8lebe wardens and generally
not more than twelve other members of the general vestry elected at the General Vestry.
The selectvestry 15 chaired bythe incumbent orother member of theclergy officiating in the parish. Select vestry members
are responsible for making decisions on matters of general concern and importance to the parish including decidin8 how
parish funds are to be applied.
The select vestry meets at times fixed by the members or by the diocesan synod. Special meetings may be convened at
any time by the chairper50n or the churchwardens. In 2024 the Select Vestry met 5 times duringthe year and the average
attendance was 65%.
Compliance with Public Benefit
The Parish has given careful consideration to the Charity Commission for Northern Ireland's guidance on public benefit to
ensure that the actives entered into during the year have helped to achieve the Parish's objectives and activities, as well
as providing public benefit.

Trustee< Annual Report for the year ended 31 December 2024 {continued)
Statement of Trustees. Responslblllties
The trustees are responsible for preparing the Trustees. Report and the statement of receipts and payments and statement
of a55ets and liabilities in accordance with applicable law and regulations.
The law applicable to charities in Northern Ireland with Income of less than £250,(J)O require5 the trustees to prepare
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. They are also
responsible for safeguarding the assets of the Parish and hence for takin8 reasonable steps for the prevention and
detection of fraud and other irregularities.
Signed on Behalf of the Trustees
Trustee I
Trustee 2
Date ....

Independent Examhws Rewt to the Trustws of Markethllv￿ldunQy. StJOh￿ Armath, Churth of Ireland
I report on the accounts of the Charity for the year ended 31 December 2024 which are set out on pages 8 to 12.
Respective resporfjlbilltles ol charrtytrustees and examiner
As the charitys trustee5 you are responsible for the preparatlon of the accounts in accordance with the Charities Act
{Northern Ireland) 21))8.
It is my responsibilityto:
examine the accounts under section 65 of the Charities Act
follow the procedures laid down in the general Directlons given by the Commlssion under section 65191{b) of the
Charities Act
state whether particular matters have come to my attention.
Basis of Independent exarnlnerfs report
I have examined your charlty accounts as requlred under sectlon 65 of the Charltles Art and my examlnatlon was carrled
out In accordance with the general Directlons given by the Charity Commission for Northern Ireland under settion 6519llbl
of the Charltles Art.
My examlnatlon included a revlew of the accountlng records kept by the charlty ènd a comparlson of the accounts
presented with those records. It also Included consideration of any unusual items or disclosures in the accounts, and
seeklng explanatlons from you as charlty trustee5 concemlng any Such matters.
My role Is to state whether any matertal matters have come to my attention glvln8 me cause to believe:
l. That a￿ountIn$ records were not kept In accordance wlth Section 63 of the Charltles Art
2. That the accounts do not accord wlth those accountlng records
3. That the accounts do not comply with the accounting requirements of the Charlties Act
4. That therels further Information needed for a proper understandlng of the accounts to be reached.
Independent examln*rfs st•t•ment
I have completed my examlnation and have no concerns In respect of the matte￿11) to141 Ilsted above and. In connectlon
with following the Dlrectlons of the Charlty Commlsslon for Northern Ireland. I have found llo matters that
require drawin8 to your attentlon.
Name:
Positlon-
Ck4 ACCLL4JTrtsJ T
Flo(Y, Èo5l TC￿effj L_,ff Ql43q, 4Lai
Address:
eiciCL,
Date:

Receipts and Payments Account for the year ended 31 December 2024
Unrestritted Restricted
Funds
Funds
Total
Total
2024
2024
2024
2023
Receipts
Donations & plate collettions
Collections for third parties
Investment income
37.965
543
37,965
543
39,099
284
364
364
364
Rental of premises
Grants awarded
2.937
2,937
1,250
2.834
2,500
1,295
1,250
Other Receipts
2,064
Total Recelpts
43,873
1,250
45,123
46.376
Payments
Diocesan Cost5/Assessment
Church Running Costs
Glebe Costs
19.416
10,317
974
19,416
10,317
974
18,869
16,410
1,658
909
Parlsh Centre Costs
Administration Costs
2,508
1,094
1,850
2,508
1,094
1,850
1,250
5,555
866
Musical Service Costs
Grant Expenditure
Charitable & Missionary Donations
Payments by Parish Organisations
Collections to third parties
6,436
4,463
5,085
241
1,250
5,555
543
543
284
Total Payments
42,257
43,507
55,221
Excess of Receipts over Payments for the year
before other recognised gains and1055es
1,616
1,616
(8.8451
Depreciation
{4,0001
14,0001
14,0001
Excess of Receipts over Payments for the year
{2.384}
(2,384)
(12,845)
On Behalf of the Trustee5
Trustee I
Trustee 2

Statement of A55ets and Liablllties as at 31 December 2024
Unrestricted
Funds
2024
Restrlrted
Funds
2024
Endowment
Funds
2024
Total
2024
Total
2023
Cash Funds
Current Accounts
Deposit Accounts
Total Cash Funds
119.532
119.532
117,916
119.532
119.532
117,916
Investment Assets
Equity Inve5tment5
Other Listed Investments
Investments in RCB / CIT
Unit Trusts
Other unlisted investments
Investment Properties
Total Investment Asset5
10,000
10,000
10,000
10,000
10,000
10,000
Assets retalned for the
Parlsh's own use
Glebe lands
Fixtures and Fittings
138,750
32,000
138,750
32,000
138,750
36,000
Total Assets retalned for
the Parish's own use
170,750
170.750
174,750
On Behalf of the Trustees
Trustee I
Trustee 2

Notes to the financlal statements for the year ended 31 December 2024
l. 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
(al Receipts and Payments Account
All items of income and expenditure included within the Receipts and Payments Account have been accounted
for on a cash re￿IPtS basis.
(b) Statement of Assets and Liabilities
i) Assets retalnedfor the Porlsh's own use
The assets of the Parish, retained for its own use comprise:.
Church Building and Graveyard
Parish Hall
Glebe Land
Fixture5 and fittin8S
The Church Building and Graveyard and the Parish Hall are deemed to be Heritage assets as defined by the
Charities SORP IFRS1021
These Heritage assets are not included in the statement of assets and liabilities 35 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.
The Glebe Land 15 recognised at market value. being the estimated fair value of the property at 31 December
2024. No depreciation has been provided on the Glebe Lands as the current estimated residual value is not less
than its carrying value and the remaining useful life currently exceeds 50 years.
Fixtures and Fittings are recognised at cost and depreciated on a straight line basis over lo years.
il) Investments
Fixed asset investments comprising investment properties, investments in equities {ordin3ry shares) and
investment in RCB/CIT Unit Trusts are initially recorded at cost and are then Subsequently stated at fair value at
each year end date. Investments in unquoted Investments are recorded at cost and are assessed annually for
impairment.
10

Notes to the financial statements for the year ended 31 December 2024 (continued)
Reconciliation of Cash Funds
Total Cash Funds at Beginning of the year
Receipt5 for the Year
Payments for the Year
Total Cash Funds at end of the year
117,916
45.123
43.507
119,532
Movement In Funds
Atljan
2024
Incoming
Resources
Outgoing
Resources
At 31 Dec
2024
Transfers
Endowment funds
10.000
10.000
Unrestricted funds
117.916
45,123
43,507
119.532
Total funds
127,916
45,123
43,507
129,532
4. Collertlons for Thlrd Partles
There have been several special collections for third parties during the year to 31 Oecember 2024.
LEMOOS- £233.34
RCB Church of Ireland Hospice Appeal- £310.00
These amounts have been included in Receipts for the Year under"Collections for third parties" and in Payments for the
year under °Collections to third parties"
5. Transactlons with the Trustees
The parish paid expenses of £974 relating to the running costs of the glebe house which is occupied by the Rector.
No trustees received any remuneration or reimbursement of expenses for other professional work done for the charity
during the year.
No other trustee or a person related to a trustee had any personal interest in any contract or transaction entered into by
the charity durin8 the year.
6. Governance Costs
Governance cost5 of Nil were incurred during the year of which Nil relates to fees paid to the independent examiner.
Governance costs are included within Administration costs in the Receipts and Payments Accounts.
11