Parish of Donaghmore Trustees, Annual Report and Statement of Receipts and Payments and Assets and Liabllltles For the year ended 31 December 2023 Charities Number: NIC104216
Parish of Donaghmore Annual report and financlal statements for the year ended 31 December 2023 Contents Page5 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 8-10
Parish of Donaghmore References and admlnlstrative detalls Charity Name.. Dungannon/Donaghmore/St. MichaelslArmagh/Church of Ireland Other name: St. Michael's, Castlecaulfield Charity Registration Number: NIC104216 Contact Addre55'. The Rectory 66 Main Street Castlecaulfield Dungannon County Tyrone BT70 3NP Trustees Trustees who served at any time during the year and up to the date of signing the accounts were asfollows.'_ The Venerable Dr P A Thompson Anne Kelly Judith Kelly Noel Ferry Darren Haydock Corol Ferry Debbie O'Rourke Stephen Patterson Christine Kelly Jomes Shiels Shirley Little Trevor Pollock Jim Kirk Mark Hamilton George McNicholl Glenn Ferry Alon Williamson Elizobeth Burrows Kim Pollock Derek Graham Harry Patterson Prlncipal Office-bearers Clergy: Church Treasurer: Church Secretary- Church Warden- Clergy: Church Warden- People.. The Venerable Dr P A Thompson George McNicholl Stephen Patterson Mark Hamilton Harry Patterson Independent Examiner Bankers Karen Rainey 41 Leany Road Dungannon County Tyrone BT70 ISL Danske Bank 5 Market Square Dungannon County Tyrone BT70 IAB Page I
Trustees, Annual Report for the year ended 31 December 2023 The trustees present the annual report and statements of Receipts and Payments and Assets and Liabilities for the Parish of Donaghmore, commonly known as St Michael's, Castlecaulfield for the year ended 31 December 2023. Objectives and Activities The charitable purpose of the Church of Ireland is the advancement of religion. The principal function of the Donaghmore Church of Ireland Parish 15 to support the advancement of the Christian religion by promoting, through the work of the Donaghmore Parish Church 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 needing help are fundamental to the practical delivery of the benefits of Christianity. As a result of activity in the pursuit of the advancernent of the Christian religion, the Donaghmore Church of Ireland Parish 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 the Donaghmore Church of Ireland Parish. Achievements, Performance & Publlc Beneflt The Church exists primarily, and above all else, as a place of Christian worship. Services of public worship are held each Sunday morning throughout the year and each Wednesday morning. Evening service5 are held on Wednesday nights during Lent, each night in Holy Week {both shared with our sister parish), at Harvest Thanksgivin& Boy's Brigade Enrolment, and at Christmas tide (Carol service and Christmas eve service). The parish is always pleased to host groups from the wider community, and does so annually for the Orange Order and bi-annually for the Apprentice Boys of Derry. The local Primary School hold their annual Carol Service in the Church, and their winter and spring concerts in the parish hall. The local Masonic lodge also hold their annual Carol Service in St Michael's There are good working relationships with other local churches. The clergy of the local Methodist and Presbyterian Churches join with us regularly and there is a recently established service for Christian Unity Week, alternating with St Patrick's Roman Catholic Church in Donaghmore. During the year 2023 there were a total of eleven baptisms, four marriages, and five funeral services in the church. The Church building 15 of notable historical importance. Built in the early 1680s and incorporating feature5 from its medieval predecessor and also the local castle, it is one of the oldest buildings of the locality in continuous use. Of particular note is the south nave window, which is the original east window from the medieval church (mentioned in the Annals of the Four Masters), the pillars on both south and west doors. and the carvings of angels (west wall, east wall and porch), a dragon Iwest wall), and the arm5 of the Caulfield family (west wall}. Both the entrance pillars and the Bur8e5 Mau501eum are grade I Ilsted building5. a515 Ihe Church. The recently restored historic pipe organ continues to be in regular use both liturgically and for concerts, recitals and broadcasts. The parish Sunday School (the New Life Group} meets weekly from September through to May, and participates monthly in worship. The Parish supports a large Boys Brigade Company lapproximately 70 members and 16 officers), a branch of the Mothers Union, and a weekly patchwork and craft class. Parish Hall facilities are additionally used by the Horticultural Society. the Open Door Club and the Young Farmers Club. Parish finances and fabric are cared for by the Select Vestry. Various fund raising and social events are held each year. The parish supports several missionary groups, particularly CMS and the Church Army. There is also a series of special appeals and collections for various local and international groups and in light of international disasters. Page 2
Trustee Annual Report for the year ended 31 December 2023 Icontlnuedl Financial Review The main income of the charity is derived from parishioner donations supplemented by gift aid claims, fund raising events and church organisations. Total receipts have remained in line with the previou5 year with regular weekly amounts increased, but with no one- off significant additional sources this year. There has been an encouraging increase in freewill offering, our main sources of income. Despite this, results record a deficit of £3,11312022'. surplus of £11,377) for the year. There are no material uncertainties impacting the charitys ability to continue as a going concern. The Trustees. policy on holding reserves is to retain sufficient unrestricted funds available to meet on-going running costs for a minimum of one year having consideration for regular sources of parishioner weekly donations based on historical. current and projected congregation levels. No funds were materially in deficit at the end of the year. Going Conrn The trustees hove reviewed the budgets for the year ahead and are satlsfied that there are adequate fund5 in place to ensure that the Parish can continue its Uctivities and the financiul statements for the year ended 31 December 2023 con be signed off os a going concern. Structure, Governance and Management Govemlng Document and Constltution of the Charlty Chapter111 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 members 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 member5 may be re-elected annually and there Is no Ilmlt on the number of Eerms whlch may tre served. Pay and remuneration Select Vestry members do not receive remuneration for their appointment as Trustees. Where a member of the Select Vestry has provided services which are distinct from their role as trustee then the Select Vestry may approve such remuneration providing the Select Vestry act in the best interest of the charity. Page 3
Trustees, Annual Report for the year ended 31 December 2023 (continued) Oryanlsatlonalstructure 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, any curate assistant {"the curate I, the churchwardens, the glebe wardens and generally not more than twelve other members ofthe general vestry elected at the General Vestry. The Select Vestry is chaired by tho 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 Selert Vestry meets at times fixed by the members or by the Diocesan Synod. Special meetings may be convened at any time by the chairperson or the churchwardens. In 2023 the Selert Vestry met 3 times during the year12022: 2 times) and the average attendance was 62%12022: 63%). Compliance with Publlc Benefft 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. Statement of Trustees, Responsibilities The trustees are responsible for preparing the Trustees, Report and the statement of receipt5 and payments and statement of assets and liabilitie5 in accordance with applicable law and reBulations. The law applicable to charities in Northern Ireland with Incorne 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. They 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 irregulariti@s_ Signed on Behalf of the Trustees Jim Klrk Elizabeth Burrows 6 March 2024 Page 4
Independent Examiners Report to the Trustees of the Parish of Donaghmore I report on the accounts of the Trust for the year ended 31 December 2023, which are Set out on pages 6 to 10. Respective responsibilities of charity trustees and examiner As the charitls trustee5 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 follow the procedures laid down in the general Direction5 given by the Commission under section 65{9llbl of the Charities Act state whether particular matters have come to my attention. Basis of independent examinerfs 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 section 65191{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: l. That accounting records were not kept in accordance with settion 63 of the Charities 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 Charities Act 4. 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 {41 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. Name: Karen Rainey ACMA, CGMA Address: 41 Leany Road, Dungannon, CountyTyrone, BT70 ISL 09/04/2024 Page 5
Receipts and Payments Account for the year ended 31 December 2023 Unrestricted Funds 2023 Restrlcted Funds 2023 Endowment Funds 2023 Total 2023 Total 2022 Note Recei Donations and plate collections Donations for third parties Legacies Bank and deposit interest Investment income Bequest income Graveyard receipts Parish Hall receipts Restoration and repair appeals Proceeds from fund raising events Other receipts Costs reimbursed Receipts from Parish Organisations 62,271 5,250 1,300 99 63,571 5,349 62,920 4,371 10,000 240 1,056 227 227 1,103 362 480 4,340 340 5,396 1,821 3,326 1,220 394 709 362 480 4.340 2,150 450 320 2,627 1,285 2,208 510 340 1,546 3.850 1,821 3,326 1,220 Total Re1 ts 81,959 5,576 87.535 88,485 Pa ments Wages and salaries Diocesan assessment Church running costs Glebe costs Parish centre costs Administration costs Sunday school expenses Charitable donations and gifts Capital expenditure Restoration and repair c05tS Fundraising costs Other payments Payments from parish organisations 3.634 44.609 13.370 6,582 5,859 1,269 299 5,476 5,709 3.634 44,690 13.635 6,582 5,859 1,269 315 5,751 5,709 3,477 42,818 12,067 6,478 2,660 1,290 81 265 156 135 4,875 1,604 720 1,164 720 1,164 1,320 257 898 684 1,320 Total Pa ments 88.691 1,957 90,648 77,108 Excess of (Payment5) over Receipts for the year before transfers 16.7321 3,619 (3.113) 11,377 Transfers 134011 3401 ExsS of Receipts over IPaymentsl for the year 110,133) 7,020 {3,113) 11.377 On Behalf of the Trustees Jim Klrk Ellzabeth Burrows 6 March 2024 Page 6
Statement of Assets and Liabilities as at 31 December 2023 Unrestrlcted Funds 2023 Restricted Funds 2023 Endowment Funds 2023 Total 2023 Total 2022 Cash Funds Current Accounts Cash Accounts Total Cash Funds 29,143 72,521 101,664 104.777 29,143 72.521 101,664 104.777 Other Monetary assets Gift aid claims Total Other Monetary assets 8,704 8,704 17 8,721 8,721 8,046 8,046 17 Investment Assets Investments in RCB I CIT Unit Trusts Total Investment Assets 14,219 25.586 13,034 52,839 52,207 14,219 25,586 13.034 52,839 52,207 Assets retalned for the Parish's own use Parish Centre Glebe House Fixtures and Fittings Total Assets retained for the Parish's own use 762,000 475,800 762,000 475,800 9,508 1,247,308 705,000 442,500 5,403 1.152,903 9,508 9,508 1.237,800 Total assets 61,574 1.335.924 13,034 1,410,532 1,317,933 On Behalf of the Trustees Jim Kirk Elizabeth Burrows 6 March 2024 Page 7
Notes to the financial statements for the year ended 31 December 2023 Accounting policie5 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 (a) Receipts and Payments Account All items of income and expenditure included within the Receipts and Payments Account have been accounted for on a cash receipts basis. (bl Statement of Asset5 and Liabilltles lil A55ets retalnedfor the Parish's own use The assets of the Parish, retained for its own use comprise:_ Church Building and Graveyard Parish Centre Glebe House Fixtures and fittings The Church Building and Graveyard The Church Building and Graveyard 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 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. The Parish Centre Was built in 1968 but there are no reliable records of the cost of this construction. However the parish centre was valued for insurance purposes on l April 2023 at £762,000. This valuation, as index linked on an annual basis, has been recognised in the parish statement of assets and liabilities being the estimated fair value of the property at 31 December 2023. No depreciation has been provided on the parish centre buildings as current estimated residual value is not less than it's carrying value and the remaining useful life currently exceeds 50 years. The Glebe Hou3C Was built in 1959 but there are no reliable records of the cost of this construction. However the glebe house was valued for insurance purposes on l April 2023 at £475,800. This valuation, as index linked on an annual basis, has been recognised in the parish statement of assets and liabilities being the estimated fair value of the property at 31 December 2023. No depreciation has been provided on the glebe house buildings as current estimated residual value is not less than it's carrying value and the remaining useful life currently exceeds 50 years. Fixtures and Fittings Are recognised at cost and are depreciated on a straight line basis over a period of 10 years. ii) Investments Fixed asset investments comprising investment properties. investments in equities (ordinary shares) and investment in RCBICIT 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. Page 8
Notes to the financial statements for the year ended 31 December 20231continued) Reconclliation 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 104.777 87,535 190,648) 101,664 Movement in Funds Atljan 2023 Incoming Resources Outgoing Resources At 31 Dec 2023 Transfers Endowment funds For Stipend For Graveyard Maintenance For Sunday School For General Parish Use 2,900 2,215 566 7,188 12,869 115 97 24 291 1811 1631 {16) 12021 13621 2,934 2,249 574 7,277 13,034 527 Restrlrted funds For Glebe For Restoration and Repair For Charitable purposes For Church Organisations Assets for parish own use 1,568 88,970 283 263 1.147,500 1,238,584 62 5,105 98 1,220 90,300 96,785 {44) 1936) 1275) 11,3201 1,586 96,269 106 163 1.237,800 1,335,924 3,130 12,5751 3,130 Unrestricted funds General Fund 66,480 66,480 97,525 97.525 199,3011 {99,3011 13130) {3,1301_ 61,574 61,574 Total funds 1.317,933 194,837 1102,2381 1,410,532 Pur oses of Endowment Funds Income from The Stipend funds is to be used to defray the cost associated with the clergy servin8 in the parish. Income from the Graveyard maintenance funds is to be used for the upkeep of the graveyard. Income from the Sunday School fund is to be used to provide Sunday school teaching materials. Income from the General parish funds is used to defray the cost associated with the general running of the church. Pur oses of Restricted Funds Glebe Fund: This is a fund specific to the maintenance of the glebe property. Restoration and Repair Fund: This is a fund to provide for the maintenance of all church property. Charitable purpose Funds: These are funds to assist with the provision of prizes towards religious education activities and the poor of Donaghmore. Assets for the parish own use: This consists of the church, graveyard, rectory and glebe-land and parish centre to be used for the primary objective of the advancement of religion. Page 9
Notes to the financial statements for the year ended 31 December 2023 (continued) 4. Collections for Thlrd Partles 2023 2022 Newry Hospice Bishops Appeal for Turkey/Ukraine Christian Missionary Society Church Army Community Charitable Fund Masonic lodge 579 Charity funding Charis Cancer Care LEMOOS Parkinsons UK in Northern Ireland 1075 859 1,058 442 99 725 502 1,500 570 400 ioi 705 593 446 645 5.349 4,371 The above amounts have been included in Receipts for the Year under Donations for third parties and in current and post year end Payments under Charitable donations and gifts. 5. Assets retalned for the parishes own use Both the parish centre and glebe house were valued at £762.00012022- £705,000) and £475,80012022- £442,500) respectively for insurance purposes. These values have been recognised in the parish statement of assets and liabilities being the estimated fair value of the properties at 31 December 2023 6. Transactlons with the Trustees The parish paid expenses of £2.93512022: £2,5691 relating to the running costs of the glebe house which is occupied by the rector. The parish paid no cogtg with trust¢es relatin8 to the admlnistration and maintenance of parish records. 12022: £8971- The parish paid £2,61712022- £2,217} to one trustee under contracts for services to maintain the church graveyard. The parish paid £5,51912022: £4.610) to one trustee under contracts for the supply of heating oil to parish properties. The parish paid £84012022: £6001 to a related party of one trustee for the provision of musical services. 7. Governance Costs No governance costs were incurred during the year and the Independent Examiner has performed the required duties free of charge. (2022- Nill. Page 10