Lissan Parish Church
Trustees. Annual Report and Statement of
Receipts and Payments and Assets and Liabilities
For the Year Ended 31st December 2023
Charities Number:_
NIC104282

Lissan Parish Church
Annual Re
ort and Financial
Statements for the Year
Ended:_
31st December 2023
Contents
Pages
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
10-12

Lissan Parish Church
Referen
es and Administrativ
Detail
Charit Nam
Llssan Parish Church
Charit Re
istration Number:_
NIC104282
Contact Addr
Lissan Rectory
150 Moneymore Road
Cookstown
Co Tyrone
BT80 9UU
Truste
Mr Fred Cahoon
Mrs Sadie Dona
Mrs Georgina
Wilkinson
Mr Ian Cahoon
Mr Wesley Cotton
Mrs Marion Cahoon
Mr Keith Ruddell
Mr Drew Stewart
Mrs Ruth Ruddell
Mrs Mo
a Cotton
Mrs Victoria Stewart
Mr Ian Blair
Mrs Margaret
Donnell
Mrs Mar
Mr Rodd Johnston
Mrs Ann Wensley
Mr Jason Wilkinson
aret Kell
Prin
al Office-Bear
rs
Cler
Church Treasurer:_
Church Warden
VACANT
Mrs Victoria Stewart
Mr Raymond
Glendinning
Mrs Moya Cotton
ler
Church Warden
le..
Inde
endent Examiner
Seamus O'Neill FCA
Weir & Co.(Chartered Accountants)
23 High Street
Moneymore
Magherafelt
BT45 7PA
B nkers
Ulster Bank
20 William Street
Cookstown
Co Tyrone
BT80 8ND

Trustees. Annual Re
for the
ear ended:_
ort
31st December 2023
The Trustees present the Annual Report and Statements of Receipts and Payments and Assets and
Liabilities for Lissan Parish Church for the year 31st December 2023.
-ectives and A tiviti
The charitable purpose of The Church of Ireland is the advancement of rellgion.
The principal function of Lissan Parish Church is to support the advancement of the Christian
religion by promoting, through the work of Lissan Parish Church, the whole mission of the church,
pastoral, evangelistic, social and ecumenical. Being open to and engaglng 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 advancement of the Christian religion, Lissan Parish
Church 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 Lissan Parish
Church.
Achievements Performanc
& Public Benefi
All Parish activities returned to pre-pandemic status, the average church attendance at Sunday
morning worship was seventy persons. During 2023 there were 3 baptisms and 10 funerals. Spring
and Christmas craft fairs were held in the Parish Hall in aid of Charity. A Vintage Harvest Festival
was also held in aid of Church funds. A safe guarding training session was held to update parish
workers qualifications.
Lissan Parish has given careful consideration to the Charity Commission for Northern Ireland's
guidance on public benefit 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 benefit.
Finan
ial Review
Financial Reports are reviewed throughout the year and a review on completion of the Annual
Accounts.
Total payments (£79,185) for the year ended 31st December 2023 were exceeded by Total receipts
(£93,491) by £14,306, increasing the total cash fund5 held to £183,901 from £169,595. (Pages
8&9)
oin
Concern
The Trustees have reviewed the budgets for the year ahead and are satisfled that there are
adequate funds in place to ensure that the Parish can continue its activities and the financial
Statements for the year ended 31st December 2023 can be signed off as a going concern.
Structure, Governance and Management
vernin
Docum
andc
nstituti
nofTh
hari

Chapter III of The Constitution of the Church of Ireland governs Parishes and Parochlal
Organisations. The Select Vestry members are the Charity Trustees.
ointment of Sele
Recruitment an
tve
Trust
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 thelr 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.
Pa
and Remuneration
The Rector is not paid dlrectly by the parish. A quarterly assessment is pald to the Diocesan Office
which comprises of the following five elements:_
Sustentation (Stipends and Locomotory Allowances)
Expenses of Office Allowance
'Employers" National Insurance Contributions
'Employers" Clergy Pension Fund Contribution
Diocesan Expenses Account
Or
anisational Structure
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, the church wardens, the glebe wardens
and generally not more than twelve other members of the general vestry at the General Vestry.
The Select Vestry is chaired by the Incumbent. Select Vestry members are responsible for making
decisions on matters of general concern and importance to the parish including how parish funds
are to be applied.
The Select Vestry meets at times fixed by the members. Speclal meetings may be convened at any
time by the chairperson or churchwardens. In 2023 the select Vestry met 5 times during the year
and the average attendance was 90 % .
Com
lianc
with Public Benefit
Lissan Parish Church has given careful conslderation to the Charity Commission for Northern
Ireland's guidance on public benefit 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 benefit.
statement of Trustee
'Res
nsibilities
The trustees are responsible for preparing the Trustee's 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 and 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 irregularities.
ned on B half of th Tru
ees
Trus
Trustee 2:.

Inde
endent Examiners Re
ort to the Charit Trustees
of Lissan Parish Church
I report on the accounts of Llssan Parish Church for the year ended 31st December 2023,
which are set out on pages 8 to 12.
Respectlve responsibilities of charlty 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:
Examlne the account5 under section 65 of the Charities Act
Follow the procedures laid down in the general directions given by the Commlssion under section
65 (9) (b) of the Charities Act
State whether particular matters have come to my attention.
Basis of independent examiner's 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 preparation of
the accounts from those records. It also included consideration of any unusual items or disclosures
in the accounts, and seeking explanations from you as charlty 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 examiner's statement
I have completed my examination and have no concerns in respect of the matters I to 4 listed
above and, in connection with the following the Directions of the Charity Commlssion for Northern
Ireland, I have found no matters that require drawing to your attention.
Slgned:
Name: Seamus O'Neill FCA
Weir & Co. Chartered Accountants
23 High Street, Moneymore, BT45 7PA.
O KCK,
Date: 07 May 2024

san Parish
hurch
Rec
and Pa
ments Acco
nt for the
ear ende
31st Decemb r 2023
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Totsl
2022
Recei
Doiiations & plate collection
& Gift Aid Rebate
Beque>ts
Proceeds from Fund Raising Event
Rental of Lands
Receipts from Parish Organisations
Oth¢r Receipts
Membership Fees & Outings
Grants
Bank & Deposit Interest
60,623
60,623
66,770
7,251
19,310
125
333
1,100
2,968
1,781
93,491
7,251
6.190
19,310 19,322
125
238
333
1,589
1,100
855
2,968
600
1,781
294
93,491
95,858
Payments
Diocesan Costs/Assessment
Church Running Costs
Remuneration
Administration Costs
Tripsloutings
Charitable Donations
Retirement gift
Rectory Costs
Miscellaneous Expenses
Special EverLts
Bank Charges
Total Payments
29,972
27,477
I,250
I,821
400
12,861
29,972
27,477
1250
1,821
400
12,861
41.422
25,354
1,550
3,451
298
8,995
9,000
1,163
1,925
1,387
137
94,682
1,240
1,825
2,170
170
79,185
1,240
1,825
2,170
170
79,185
Asset & Investment purchase
Excess of Receipts over payments
For the year
14,306
14,306
1,176
B half fth
rus
rust
Truste

Lissan Parish Chur
statement of As
ets
nd Liabilitie
as at 31st D
cember 202
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
Cash Funds
Current Accounts
Total Cash Funds
183,901
183,901
183,901 169,595
183,901 169,595
Assets retained for the Parish's own use
Church Building & Graveyard
Parish Hall
Glebe House (Rectory) & Lands
Fixtures & Fittings
Heritage
Asset
Note I
Note I
Note I
Note I
338,500 338,500
950,000 950,000
4.479
5,972
1,292,979 1,294,472
If of
heTr
es
te

N tes to the Fin
nci
I stat
ments for the
ear ended 31st D
cember 2023
Accounting Policies
Set out below are the principal accounting policles 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.
(b) Statement of Assets and Liabilities
Assets retained for the Parish's own use
(i)
The assets of the Parish, retained for its own use comprise:"
Church Building and Graveyard
Parish Hall
Glebe House
Glebe Lands
Fixtures and Fittings
The Church Building and Graveyard are deemed to be Heritage assets as defined
by the Charities SORP (FRS102).
These Heritage assets are not included in the statement of asset5 and Ilabilities a5
information on the cost or valuation is not available and such information cannot
be obtained at a cost commensurate wlth the benefit to the users of the accounts
and to the parish.
The Parish Hall is recognised at cost of construction. No depreciation has been
provided on the Parish Hall building as the current residual value is not less than
Its carrying value and the remaining useful life currently exceeds 50 years.
The Glebe House & Glebe Lands are recognised at deemed cost, belng the
estimated fair value of the property at 31.12.2023. No depreciation has been
provided on the Glebe House as the current estimated residual value is not less
than its carrying value and the remaining useful life currently exceeds 50 years.
The Glebe lands comprising of 97 Acres are valued using regional agricultural land
costs.
Fixtures and fittings are recognised at cost and are depreclated on a straight-line
basis over a period of 5 years.
10

No
esto
he Finan
(continued)
Reconciliation of Cash Funds
ial Statemen
he
ear end d 31st De
ember 202
2023
2022
Total Cash Funds at 0110112023
Receipts for the Year
Payinents for the Year
Total Cash Funds at 3111212023
169,595 168,419
93,491
95,858
(79,185) (94,682)
183,901 169,595
Page 8
Page 8
Movement in Funds
At 01 Jan
2023
Incoming
Resources
Outgoing
At31
Resources Transfers Dec2023
Restricted Funds
Grants
Unrestricted Funds
Designated Rectory Building Fund
General Fund
17,781
151,814
169,595
17,781
166,120
183,901
93,491
93,491
(79,185)
(79,185)
Total Funds
169,595
93,491
(79,185)
183,901
Purposes of Restricted Funds
Grants: These are grants received for specific expenditure.
Purposes of Designated Funds
Rectory Building Fund: This is a fund to provlde for payment of any Building work.

Collections for Third Parties
2023
2022
500
150
500
2,500
1,200
200
soo
1,500
200
500
100
50
Christian Aid
Tyrone Protestant Aid Society
CMS Ireland
Air ambulankne
Crosslinks
United Society
SAMS
Church Anny
TEAR Fund
Ukraine appeal
RBL service collection
Children's ministy group
Hospice Sunday
Bishops appeal
Laurel House
Leprosy mission
Belfast city mission
Hope for youth ministries
Chestnut lodge
RAF Benevolent fund
Col board of education
500
150
500
1200
200
500
1,500
200
50
116
190
7,000
115
400
70
475
390
200
50
12,861
100
50
8,995
The above amounts have been Included in Receipts for the Year under Donations & Plate
Collection and in Payments under Charitable Donations.
Transactions with the Trustees
The parish paid expense5 of £1,240 (2022: £1,163) relating to the running costs of the Rectory
which is occupied by the Rector.
No trustee or a person related to a trustee had any personal interest in any contract or
transaction entered into by the charity during the year.
Governance Costs
No governance costs were incurred during the year.
12