Parlsh of Dona8hmore Truste& Annual Report and Statement of Receipts and Payments and Assets and Liabllltles For the year erKled 31 December 2024 Charltles Number: NIC104216
Parish of Iyonaghmore Annual report and flnancial statements for the year ended 31 December 2024 Contents Pages References and administrative detalls 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
Parlsh of Donaghmore References and admlnlstratlve detsils Charlty Name: Dungannon/DonaghmorelSt. Michaels/ArmaghlChurch of Ireland Other name: St. Mlchael's. Castlecaulfield Charity Registration Number: NIC104216 Contart Address: The Rectory 66 Main Street Castlecaulfield Dungannon County Tyrone BT70 3NP Trustees Trustees who served ot any time during the year and up to the date of signing the accounts were osfollows.. The Venerable Dr PA Thompson Anne Kelly Judith Kelfy Noel Ferry Darren Hoydock Carol Ferry Debbie O'Rourke Stephen Patterson Chn'stine Kelly Michael Hall Shirley Little Trevor Pollock Jim Ki Mork Hamilton George McNicholl Glenn Ferry Alon Williamson Elizubeth Burrows Kim Pollock sa McFarlond Horry Patter50n Prlnclpal Office-bearers Cler8Y: 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 Examlner 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 2024 The trustee5 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 2024. Objectives and Actlvltles The charitable purpose of the Church of Ireland is the advancement of religion. The principal function of the Donaghmore Church of Ireland Parish Is to support the advancement of the Christian religion by promotln& 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 offerin8 SUPPOrt for those needing help are fundamental to the practical delivery of the benefrts of Christianity. As a result of activity in the pursuit of the advancement 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 Sreland Parish. Achievements, Performance & Publlc Benefft The Church exists primarily, and above all else, as a place of Christian worship. Services of public worship are held each Sunday morningthroughoutthe year and each Wednesday morning. Eveningservices are held onwednesday nights during Lent, each night in Holy Week (both shared with our sister parish), at Harvest Thanksgivin& Bo5 Brigade Enrolment, and at Christmas tide (Carol service and Christma5 eve service). The parish is always pleased to host groups from the wider community, and does so annuallyforthe Orange Order and bi- annuallyfor 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 2024 there were a totsl of fifteen baPtM5, one marriage, and seventeen funeral services in the church. The Church building is of notable historlcal importance. Built in the early 1680s and incorporating features 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 50Uth 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 (west wall), and the arms of the Caulfield family (west wall). Both the entrance pillars and the Burges Mausoleum are grade I listed buildings, as is the 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 (approximately 70 members and 16 officer51, a branch of the Mothers Union, and a weekly patchwork and craft class. Parish Hall facilities are additionally used bythe 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. particularty CMS and the Church Army. There is also a series of special appeals and collections for various local and international 8roups and in light of international disasters. Page 2
Trustees, Annual Report for the year ended 31 December 2024 {contlnued) Anandal Revlew The main income of the charrty is derived from parishioner donations supplemented by gift aid claims, fund raising events and church organisation5. Total receipts have seen a modest increase over the previous year with regular weekly freewill donations remaining consistent supplemented by one off sources. either in the form of legacies or donations in memory of famlly members. The results record a deficit of £29212023: defiot of £3,113) for the year. There are no material uncertainties impacting the charis abilty 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 projerted congregation levels. No funds were materially in deficit at the end of the year. Golng Concern The trustees have revlewed the budgets fvr the year oheod ond are satisfied thot there are adequate funds in ploce to ensure that the Pan5h con continue its activities and thefinanciolstatementsfvr the year ended 31 December2024 can be signed off as a going concern. Structure. Governance and Management Governlng Document ond Constituthn of the Chorfty Chapter 111 of the Constitution of the Churth of Ireland govem5 Parishes and Parochial Organisatlon. The Select Vestry members are the Charity Trustees Recruftment ondAppolntment oASeknt Vestry (Trnsteesj All members of the Church of %land 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 Selert Vestry will hold their positions for a perlod of one year. Select Vestry members may be re-elected annually and there is no limlt on the number of terms whsch rnay be served. Pay and remuneratlon Select Vestry members do not re1ve MUneration 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 art in the best interest of the charity. Page 3
Truste Annual Report for the year ended 31 De¢ember 2024 (continued) OrgonlsotlonalStnUre The Select Vestry is responsible for the day to day management of the parish. The Select Vestry conslsts of the member of the clergy serving in the parish, any curate assistant 1.the curate"), the d)urchwardens, 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 bythe incumbent or other member of the dergy officiating in the parish. Select Vestry members are responsible for making decisions on matters of general conrn and importance to the parish including deciding how parish funds are to be applied. The Select Vestry meets at times fixed by the members or by the Di0$an Synod. Special meetings may be convened at any time by the chairperson or the churchwardens. In 2024 the Sele¢t Vestry met 3 times during the year12023: 3 times) and the average attendance was 72% {2023: 62%). Complionce with Publk Benefft The Parish has given careful consideration to the Charity Commission for Northern Ireland's guidance on public benefit to ensure that the active5 entered into during the year have helped to achieve the Parish's objectives and activities. as well as providing public benefit. Statement of Trustees, Responsibllltles The trustees are responsible for preparing the Trustees, Report and the statement of receipts and payments and statement of 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 requlres 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 accountin8 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 hen for taking reasonable steps for the prevention and detertlon of fraud and other irregularities. Slgned on Behalf of the Trustees Ellzabeth Burrows Shlrfey Little 12 Marth 2025 Page 4
Independent Examlners Report to the Trustees of the Parish of Dona8hmore I report on the accounts of the Trust for the year ended 31 December 2024, which are set out on pages 6 to 10. Respective responsSbilities of charity trustees and examlner As the charity's 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 • follow the procedures laid down in the general Directions given by the Commission under section 65(91(b) 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 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: l. That accounting records were not kept in accordance with 5ectlon 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 examinerfs 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. Name: Karen Rainey ACMA, CGMA Address: 41 Leany Road, Dungannon, CountyTyrone, BT70 ISL 01105/2025 Page 5
Recelpts and Payments k¢ount for the year ended 31 December 2024 Restrlcted Funds 2024 Endowment Funds 2024 Funds 2024 Total 2024 Total 2023 Recel Donations and plate collections Donations for thlrd parties Legacies Bank and deposit interest Investment income Bequest income Graveyard receipts Parlsh Hall receipts Restoratlon and repair appeals Proceeds from fund raising events Other receipts Costs reimbursed Receipts from parish organisations 67,040 8,831 2,100 67,040 8,930 2,100 88 63,571 5,349 99 227 1,103 362 480 4,340 340 5,396 1,821 3,326 1,220 427 769 392 1,196 392 3,220 2,253 20 2,354 3,220 2.253 20 2,354 2.699 1,435 2,699 3,312 1,877 Total Recei ts 88.097 5.511 93,608 87,535 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 costs Fundraising costs Other payments Payments from parlsh organisations 4,280 46,463 14,651 7,520 4.864 1,658 1,092 9,782 4,280 46,551 14,937 7,520 4,864 1,658 1,153 9,812 3,634 44,690 13,635 6,582 5,859 1,269 315 5,751 5.709 286 61 30 720 1,164 1,320 606 2.519 1,380 1,139 Total Pa ents 92.296 1.604 93,900 90,648 Excess of (Payments) over Recelpts for the year before transfers (4.199) 3,907 {2921 (3,113} Transfers EX5$ of (Payments) over Recelpts for the year 14,199) 3,907 (292) 13,113) On Behalf of the Trustees Elltsbeth Burrows Shirley Little 12 March 2025
statement of Assets and Uabilities as at 31 December 2024 Unrestrirted Funds 2024 Restrirted Funds 20Z4 Endowment Funds 20Z4 Totsl 20Z4 Total 2023 Cash Funds Current Accounts Cash Accounts Total Cash Funds 24.946 76,426 101.372 101,664 24.946 76,426 101372 101.664 Other Monetary assets Gift aid claims Total Other Monetsry assets 7,536 7.536 7,536 7.536 8,721 8.721 Investment Assets Investment5 in RCB / CIT Unit Trusts Total Investment Assets 14,453 26.IX)6 13,277 53,736 52,839 14.453 13,277 53.736 52.839 Assets retained for the Parlsh's own use Parish Centre Glebe House Fixtures and Fittings Total Assets retained for the Par15h's own use 812,9(J) 511,500 812,900 511,500 7.877 IR32.277 762,000 475,800 9.508 1.247,308 7,877 7A77 1.324AOO Total assets 54.812 IN2632 13,Z77 IA94.921 IAIO.532 On Behalf of the Trustees Elizabeth Burrows Shirley Llttle 12 March 2025 Page 7
Notes to the financlal statements for the year ended 31 Dttember 2024 Accountlng pollcies 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 Liabilit7es la) Receipts and Payments Account All items of income and expenditure induded within the Receipts and Payments Account have been accounted for on a cash receipts basis. (bl Statement of Assets and Liabblfties {11 Assets retainedfvr the Parlsh'5 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 Charitles SORP IFRS102) 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 thecost of this construction. Howeverthe parish centre was valued for insurance purposes on l April 2024 at £812,900. This valuation, as index linked on an annual basis, has been recognised in the parish statement of assets and liabilitie5 being the estimated fair value of the property at 31 December 2024. No depreciation has been provided on the parish centre buildings as current estimated residual value is not less than ivs carrying value and the remaining useful life currently exceeds 50 years. The Glebe House 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 2024 at £511,500. 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 December2024. No depreciation has been provided on the glebe house buildings as currentestlmated residual value is not less than it's carrying value and the remaining useful life ¢urrently exceed5 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. Pa8e 8
Notes to the financial statsments for the year ended 31 December 2024 (contlnued) Recondllatlon 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 101,664 93.608 (93,900) 101.372 Movement In Funds Atljan 2024 Incomlng Outgoln8 Resources Resources At 31 Dec 2024 Transfers Endowment funds For Stipend For Graveyard Maintenance For Sunday School For General Parish Use 2.934 2,249 574 7.277 13.034 136 125 26 347 188) 167) 117) {219) 1391) 2,982 2,307 583 7,405 13,277 634 Restrlcted fund5 For Glebe For Restoration and Repair For Charitable purposes For Church Organisations Endowment transactions Assets for parish own use 1,586 %.269 106 163 74 4,258 {481 17381 (741 (1.1391 (391} 1,612 99,789 131 900 1,876 391 86,6 93,298 1.237,800 1,335.924 1,324,400 1,426,832 {2,390) Unrestricted fund$ General Fund 61,574 61,574 96.295 96,295 {103,057) {103,057) 54,812 54.812 Totsl funds 1,410,532 190,227 {105,8381 1,494,921 Pur oses of Endowment Funds Income from The Stipend funds is to be used to defray the cost associated with the clergy serving in the parish. Income from the Graveyard maintenance funds 15 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 fvnd 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 a55iSt with the provision of prizes towards religious education activities and the poor of Donaghmore. -A5sets 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.
Notes to the financlal ststements for the year ended 31 December 20Z41continued) 4, Collections for Thlrd Parties 2024 2023 Newry Hospice Bishops Appeal for Turkey/Ukraine Christian Missionary Society Church Army Community Charitable Fund Masonic lodge 579 Charlty funding ABAANA LEMOOS Parkinsons UK in Northern Ireland The Apprentice Boys for Walker Memorial School Charles Shlelds Charity Kilman Roal Black District Chapter No I Brooke House 325 1,075 859 1,058 442 99 725 926 475 880 2,530 620 685 360 660 795 575 8.930 446 645 5,349 The above amounts have been induded 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 £812.900 {2023 - £762.0001 and £511,500 {2023- £475,800) 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 2024 6. Transactlons wlth the Trustees The parish paid expense5 of £3.IY31 (2023: £2,935) relating to the running costs of the glebe house which is occupied by the rector. The parish paid £2,750 (2023: £2.617} to one trustee under contracts for services to maintain the church graveyard. The parish paid £6.22712023: £5,519) to one trustee under contracts for the 5UPPty of heating oil to parish properties. The parish paid £770 (2023: £840) 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. {2023- NIII. Page 10