St Patrick's Parish Church, Donaghendry, Stewartstown. Diocese of Armagh Trustees, Amual Report and Statement of Receipts and Payments and Assets and Liabilities For the year ended 31st of December 2023 Northern Ireland Charities NLmber: NIC 104280
St Patrick's Parish Church. Donaghendry. Stewartstown. Annual Report and Financial Statement For the year ended December 2023 Contents Item Page No. List of Off ice Bearers Trustees, keport f or the year Financial review Notes to Financial Statement Structure. Governance and Management Sign of f by Trustees Independent Examiner's Report The Accounts 10
St Patrick's Parish Church. Donaghendry. Stewartstown. Charity Name: Stewartstown/Donaghendry/St Patrick's/Armagh/Church of Ireland Charity Registration Number NIC 104280 Charity Address 14 North Street Stewartstown Dungannon Co Tyrone 8T715JF Contact Address The Rectory 82 Dungannon Road Coalisland Co Tyrone BT714HT Principal Office Bearers Cler9y: Rev. Canon Matthew Hagan Church Secretary: Mrs Elizabeth Abernethy (out90ing) Mrs Alison Boyd (incomin9) Church Treasurer: Mrs Helen O'Neil l (outgoin9) Mrs Julie Cuddy (incoming) Rector's: Mr James Burrows People's: Mr Norman McKenzie Church Warden: Church War&n: Trustees: Rev Canon Matthew Hagan Mr Alistair Abernethy Mrs Anne Blower Mrs Alison Boyd Mr James Burrows Mrs Eunice Cuddy Mrs Julie Cuddy Mr Cyril Gilbert Mr Norman McKenzie Dr Elaine Nelson Mrs Helen O'Neill Mr Alfred Willis Mr George Young Independent Auditor: Reilly & Co, 3 Loy Street, Cookstown, BT80 8PZ Bankers Ulster Bank, 20 William St, Cookstown. Co Tyrone BT80 8ND
Trustees Annual Report for the year ended 31st of December 2023 The trustees present the annual report and statement of Receipts and Payments and Assets and Liabilities f or Saint Patriclls Church DoTh]ghendry. Stewartstown for the year ended 31st of December 2023 Objectives and Activities: The charitable purpose of the Church of Ireland is the advoncement of Religion. The principal f unction of DOr9hendry Parish Church is to support the advancement of the Christian religion by promoting, through the work of Donaghendry Parish Church the whole mission of the Church. pastoral, evangelistic. social and ecumenical. Being open to and engaging Wlth society as a whole and of fering support for those needing help are fundamental to the proctical delivery of the benef its of Christianity As a result of activity in the pursuit of the advancement of the Christian religion Dona9hendry Parish Church has custody of property and of records. materials and artefocts of signif icance to the cultural and religious heritage, and maintenance of which is undertaken by the Select Vestry of D0r9hendry Parish Church. Achievements. Performance and Public Benef it The parishes of Dornghendry. Brackaville and Ballyclog are all in one parochial group under the Rectorship of the Reverend Cannon Matthew Ha9on. We provide services of Mornin9 Prayer, Holy Communion. Baptisms. Weddings. Funerals and postoral support includin9. hospital visitation. home visitation including of the elderly, the sick. the bereaved and the inf irm. Teaching continues in various formats. through our weekly Sunday School, Youth Or9anisations and Services of Public Worship. Social integration continues to be provided through our. Badminton and Mothers, Union. We have a family service on the 4th Sunday in every month. Our Parish Hall is available for use by other local Community Groups and Or9aniSations. We are actively involved in our community throu9h our work with other organisations, Schools and Churches, addressing local needs and occasionally worshipping together. Our Church continues to adhere to the Church of Ireland Safeguarding Trust Code of Conduct and Good Practise for all those working with children and vulnerable adults. with ref resher training regularly completed. We raise funds and donate monies to many worthy causes. The parish has given careful consideration to the Charity Commission for Northern Ireland's 9uidance on public benef it to ensure that the activities entered into durin9 the year hove helped to achieve the Parish's obJectives and activities. os well as providing public benef it.
Financial review 2023 For the 2023 Financial year there was a def icit of £17,414 F.W.O and donations amounted to 60.770 of the total income, a slight decrease from last year's 637. with investment income just over 1970 compared with 21 /0 in 2022. These changes in proportion are mainly due to Bank interest having become a much more Signif icant source of income, and hence proportion, than in previous years, rather than a decrease in income. F.W.O and donations alongside investment income continue to ref lect the main sources of income, as over the last number of years. The F.W.O and donations have remained constant throu9hout the year while a claim for Gift Aid helped to enhance the income and has left a healthy balance in the bank. The investments which are held in RC8 Unit Trusts have remained steady and offer a good return. Income f rom Land Lettings has gone up slightly f rom 2022. As in the previous year regular outgoings have been kept as well under control as is possible. but these have been subject to inf lationary pressures. Signif icant 'one off. expenditure of £14,086 for Rectory upkeep and repairs, alongside an increase in the Diocesan Assessment due to having f ull time clergy for the year 2023 account for the bulk of the def icit. The Charity also made contributions to a number of outside organisations in total £2,899.65 which was an increase of 69 /0 on the previous year.
Notes to the financial statements for the year ended 31 December 2023 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 receipts basis. (b} Statement of Assets and Liabilities (11 Assets retained for the Parish's own use The assets of the Parish, retained for its own use comprise:_ Church Building and Graveyard Parish Hall 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 c05t commensurate with the benefit to the users of the accounts and to the parish. Parish Hall Is recognised at cost of construction. No depreciation has been provided on the parish hall building as the current estimated residual value is not less than its carrying value and the remaining useful life currently exceeds 50 years. Investments Land RCB Unit Trusts Progressive Building Society Land is valued at current market value RCB unit trusts are valued at 31 December 2023 Unit Price
Structure. Governance and Management Governing Document and Constitution of the Charity Chapter IfI of the Constitution of the Church of Irelond governs Parishes and ParochiaS Organisation. The Select Vestry members are the Charity Trustees. Recruitment and Appointment of Select Vesty (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 congre9ation for at least three months, moy register as members of the General Vestry of the Parish. allowin9 them to attend ond 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 which may be served. Organisational StrLKture The Select Vestry is responsible for the day to day management of the Parish. The Select Vestry consists of the Rector. the Churchwardens, the Glebe Wardens and generally not more than twelve other members of the General Vestry elected at the General Vestry meeting. The Select Vestry is chaired by the incumbent of the Partsh. Select Vestry members are responsible f or making decisions on matters of general concern and import(mce to the Parish including deciding how Parish funds are to be applied. The Select Vestry meets at times f ixed by the members or by the diocesan Synod. Special meetin9s may be convened at any time by the Chairperson or the Churchwardens. The trustees hove reviewed the budgets for the year ahead and are satisf led that there are adequate funds in ploce to ensure that the Parish can continue its activities and the f inancial statements for the year ended 2023 con be signed off as a going concern. Compliance with Public Benefit The Porish has given careful consideration to the Charity Commission for Northern Ireland's guidance on public benef it 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 benef it. Statement of Trustees. Responsibilities 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 requires the Trustees to prepare a Statement of Receipts and Payments ond a Statement of Assets and Liabilities for each f inancial The anwal report for the year which has been duly prepared by the Trustees and audited for the year 2023 is Yfached.
The Trustees are responsible f or keeping accounting records that are suf f icient to show and explain the Parish's transactions and disclose with reasonable accuracy, at any time, the assets and liabi lities of the Parish. They are also responsible for saf e9uarding 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 I: (Iwa eaM- Trustee 2: Date:
Independent examiner's report to the charity trustees of St Patrick's Parish Church Donaghendry, Stewartstown I report on the accounts of St Patrick's Parish Church, Donaghendry, Stewartstown for the year ended 31 December 2023, which are Set out on pages to Respective responsibilities of charity trustees and examiner 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 account5 under section 65 of the Charities Act Follow the procedures laid down in the general Directions given by the Commission under section 65191 (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{91 (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 section 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 (l) to {4) listed above and, in connection with the following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Name: on Reill Accountant 3 Loy Street, Cookstown BT80 8PZ
ReceipTS ana Payments. St Patrick's Parish Church, Dona%hendry• Stewartstown Charities Number: NIC 104280 UDltstricted Restricted Funds Fun¢L8 2023 2023 Endowment Fknnds 2023 Total Total 2023 2022 Receipts Donatiors & Plate Collections 23867.65 1849.65 25717.30 24194.24 Bank & Deposit Interest 1215.10 122.06 1337.16 187.92 Investment IrKome 286.45 7902.75 8189.20 7842.21 latKI t£tting RCB Painting of Church Otr Receipts 3179.08 3179.08 2610.94 3973.00 3973.00 3126.50 Receipts from Parish Organisations 28548.28 13847.46 42395.74 37961.81 Payments Total Payrnts 56909.63 2899.65 59809.28 32413.42 Excess of Receipts over payments Èn the year before trarsfers -28361.35 10947.81 -17413.54 24&24 Transfers 10795.75 -10795.75 Excess of Receipts over Paynts -17565.60 152.06 tion 31 December 2 Cash at bank& in hand 01 Jan2023 122720.47 -17565.60 105154.87 13243.39 152.06 13395.45 135963.86 130890.41 -17413.54 248.24 118550.32 131138.65 Cash at bank & in hand 31 Dec 2023 io
Assets and Liabilities. St Patrick's Parish churc Donaghendry? Stewartstown stateDllt of Assets and Lialmlities as at 31 DeCem1r 2023 Charities Numlxr: NIC 104280 Unrestricted Restricted Funds Enthwment Total Total 2023 2023 2023 2023 2022 Cash Funds Current Account 95250.55 366.12 95616.67 113461.90 Deposit Accounts 9WI2 13029.33 22933. 22501.96 Total Cash Funds 105154.87 13395.45 118550.32 135963.86 Investnrnt Assets Investments in RCB Other Unlisted Invcslments Investment Properties 527511.12 527511.12 506536.00 220000.00 220000.00 220000.00 Total Investnrnts Assets 747511.12 689437.00 Current Assets Interest Free Loan to Ballyclog Church of Ireland Written Off 7400.00 Assets retained for Parish's Own Use Parish Hall Fixtures and Fittings 132160.00 132160.00 132160.00 Total Assets Retained for Parish's Own Use Parish Hall 132160.00 132160.00 132160.00 Approved by the trustees on and signed on the behalf by: o'HJ( Chairman Treasurer li
Additional detail l. nations & Plate Collecti Sustentations Ha rvest Envelopes Collections Gift Aid In Memory Sale of History books 18938.50 1280.00 404.65 3109.50 65.00 70.00 23867,65 ricted Funds Earl Haig CMS L.EMOS Bishops Appeal Hospice Sunday BB Enrolment Special Collection 65.Crf) 538.60 153.Crf) 230.00 505.00 358.05 1849.65 Other Receipts Parish Centre Hire Electricity Voucher Scheme Church Electricity Voucher scheme Hall Grave Fees In Lieu of Flowers Mrs S Anderson 890.00 600.00 600.00 1373.00 510.00 3973.00 12
Additional detail 2. Church runnln Costs Cleaning Repairs & Maintenance Power Nl Oil Insurance Trustee Indemnity Fire Ext Service Nl Water Organists Gift Aid Expenses Sundry Exp £1,504.75 £762.00 £71.94 £1,739.50 £750.49 £16.81 £368.80 £60.90 £1,676.00 £265.78 £248.28 £7,465.25 Glebe C05t Grass cutting Rectory Upkeep £4,978.40 £14,085.57 £19,063.97 Pansh Centre costs Cleaning Repais & maintenance Power Nl Heating Oil Insurance Fire Extinguisher Seniice New Water Boiler Consumables Water charges £1,290.14 £1,195.98 £474.45 £469.50 £264.85 £348.40 £102.76 £131.42 £2,180.39 £6,457.89 Admin costs Accountant FWO Envelopes Teasurers Books £195.60 £49.31 £244.91 Charitable Donations Earl Haig Poppy Appeal CMS Bishops Appeal LEMOS Nl Hospice Boys Brigade Café Connect £65.00 £1,088.60 £230.00 £153.00 £505.00 £358.05 £500.00 £2,899.65 13