St Matthias. Church. Ballyeglish Trustees, Annual report and Statsment of Receipts and Payments and Assets and Liabilities For the year ended 31 December 2022 Charttles Number. 104354
St Matthias. Church, Ballyeglish Annual report and financial statements for the year ended 31 December 2022 Contents Pages References and administrative details of the Charity Trustees, report Independent Examiners Report to the Trustees ReIpts and payments account Statement of assets and liabiltties Notes to the financial statements 10-14
St Matthias. Church, Ballyeglish References and administrative details Chaiity Name: St Matthias, Church, Ballyeglish Charity Registration Number. 104354 Contact Address: The Rectory 24 CookstO Road Moneymore Magherafelt Co Londondery BT45 7QF Trustees Mr Edward B*s Mrs Clare Bates Mr Dennis Bell Mr Wilfred Berryman Mr Wllram Chambers Mrs Vlfilma Clarke Mrs Linda Harkness Mrs Helen Jones Mr Mervyn Jones Mr Peter Simpson Mr Wlbert Stewart Revd Dr Adrian Stringer Mr Graeme Walla Mr Stephen Wallace Prlnclpal Otrice-bearers Clergy: Church Treasurer. Church Secretary: Church Warden- Clergy: Church Warden - People: Reverend Dr Adrian N Stringer Mrs Helen Jones Mrs Clare Bates Mr Graeme Wallace Mrs Linda Harkness Independent Auditor David Lyttle + Co Ltd 15 tvleeting Street Magherafelt Co Londonderry BT45 6BN Principal Bankers Danske Bank Donegall Square West Belfast BT16JS
St Matthias, Church, Ballyeglish Trustees, Annual Report lor the year ended 31 December 2022 The trustees present the annual report and statements of Receipts and Payments and Assets and Liabilities for the Church for the year ended 31 Decernbw 2022 Objectives and Activities The charitable purpose of the Church of Ireland is the advancement of religion. The principal function of St Matthias, Church. Ballyeglish is to support the advancement of the Christian religion by promoting, through their the whole mission of the Church, pastordl, evangelistic. social and ecumenical. Being open to and engaging with society as a whole and offering support for tho* needing help are fundamental to the practical delivery of the beneffts of Christianity. As a result of activty in the pursuit of the advancement of the Christian religion, St Matthias. Church, Ballyeglish has custody of propety and of records. materials and artefacts of Significan to the cultural and religious heritage and maintenance of which is undertaken by the select vestry of St Matthias, Church, Ballyeglish. Achievements, Perforniance & Public Benefit The Parish holds public worship at a variety of services each week throughout the church year - Holy Communion, Moming Prayer, Baptisms, Marriages and Funerals. There are services focusing on Advent, Christmas, Lent, Easter, Harvest etc. Our VVhatsApp services continue each week for those unable to attend and every morning our rector continues to support parishioners with a da1 Bible reading and prayers. Sunday School has been able to meet since September 2022. At all times we keep In mlnd our Safe Guardlng Trust policy, Health and Safety requirements and regulations. The purpose of our charitable fund raising is not only for our own costs, but also for a variety of need (see donations list note 9). This is a tangible demonstration of our mission and outreach - a reach that covers both home and abroad. The Parish has given cafUl consideration to the Charity Commission for Northem Ireland's guidan 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 benef Financial Review The results for the year are set out on page 8, which the Trustees consider to be satisfactory. The reserves of the Parish are held for the advancement of its charitable purp¢)se, other than restricted reserves which are hekl for a designated purpose - see note 10. Going Concem The trustees have reviewed the budgets for the year ahead and are satisfied that there are adequate funds in pla to ensure that the Parish can continue its activities and the financial statements for the year ended 31 Dember 2022 can.be signed off as a going conrn.
St Matthias, Church, Ballyeglish Trustees, Annual Report for the year ended 3q December 2022 (contlnued) Structure. Governance and Management Goveming Document and Constitirtknn of the Charity Chapter111 of the Constitution of the Church of Ireland govems Parishes and Parochial Organisation. The Select Vesty members are the Chartty Trustees. Recruitment and Appointsnent of Select Vesty (Trustees) All members of the Church of Ireland who are over the age of 18 and are e[er 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 vesty. mtingS of the general vesty are held at least once a year. The Select Vestry is elected as part of this General Vesty meeting. The Select Vestry will hold their positions for a period of one year. Select Vesty members may be reelected annually and there is no limit on the number of tenns which may be served. Organisational Structure The select vestry is responsib18 for the day to day management of the partsh. The select vesty conslsts of the member of the clergy serving in the parish. any curate assistsnt (°the curate"), the Ghurchwardens, the glebe wardens and generalty not more than twelve other members of the general vesty elected at the General Vesty. The select vesty is chaired by the incumbent or other member of the clergy officiating in the parish. Select vestry members are responsible for making decisions on matters of general concem and importance to the parlsh including deciding how parish funds are to be applied. The select vestry meets at times fixed by the members or by the diocesan synod. Special meetlngs may be convened at any time by the chalrperson or the churchwardens. In 2022 the Select Vestry met 6 times durlng the year and the average attendan was 87%. Routine issues have atso been discussed and dealt with in the Select Vestry IhthatsApp Group Compliance wlth Public Benefft The Parish has given careful consideration to the Charity Comrni&8ion for Northern Ireland's guidance on public benefit to ensure that the actives entered into during the year have helFed to achieve the Parish's objectives and activities, as well as providing public benefit Statement of Trustees. Responsibilities The trUStS are responsible for preparing the Trustees, Report and the statement of receipts and payments and st*ment of assets and liabilities in accordan with applicable law and regulations. The law applicable to charities in Northem Ireland with Income of less than £250.000 requires the trustees to prepare a statement of re[pts and payments and a statement of assets and liabilities for each financial year.
St Matthias, Church, Ballyeglish Trustees, Annual Report for thè year ended 31 December 2022(continued) Statement of Trustees. Responslbllfties (continuedl The trustees are responsible for IpIng accounting records that are sufficient to show and explain the Parish's transactions and disclose with reasonable accuracy at any time the &8sets and liabiltties of the Parish. They are also responsible for safeguarding the assets of the Parish and her for taking ieasonable steps for the prevention and detects'on of fraud and other I[ular1ties. Signed on Behalf of the Trustees Revd Dr Adrian Stringer Trustee Helen Jones Trustse 19 March 2023 19 March 2023
St Matthias. Church, Ballyeglish Independent Examiners Report to the Trustees of St Matthias. Church, Ballyeglish I report on the accounts of the Trust for the year ended 31 December 2022, which are set out on pages 8 - 14. Respective responsibilities of charity trustees and examiner As the charty's trustees, you are responsible for the preparation of the accounts in accordan 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 Commi&%ion under section 65(9)(b) of the Charities Act . state whether particular matters have come to my attention. Basis of independent examinevs report I have examined your charity accounts as required under section 65 of the Charikn'es Act and my examination was carried out in accordance wth the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Chariti'es ACL My examination included a review ofthe 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 disdosures In the accounts, and seeking explanations from you as charity trustses conceming any such matters. My role Is to state whether any material matters have come to my attention gNing me cause to belleve: 1. That accounting records were not kept in accordance wlth 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 Charilies Act 4. That there is further informats'on needed for a proper understanding of the accounts to be reached. Independent examlnerfs statement I have mpleted my examin tion and have no conM5 in respect of the matters (1) to (4) listed above and, in conne n with following the 'recttons of the Charity Commission for Northem Ireland, I have found no matters ire drawing to your a tion. Step cGeagh BA Hons FCA CTA nd on behalf of David Lyttle + Co Ltd Chartered Accountsnts Statutory Auditors 19 March 2023 15 Meeting Street Magherafelt Co Londonderry BT45 6BN
St Matthlas, Church, Ballyeglish Receipts and Payments Account for the year ended 31 December 2022 Unrestricted Restricted Funds Funds 2022 2022 Total Total Note 2022 2021 Recei Sustentation Plate collection Special Collections Property Fund Gift Aid rebate Gift Aid Small Donations rebate Bank & Deposit interest Investment income Other reipts RCB Covid revenue grant Totsl Recei 18,478.00 226.60 1,380.00 18,478.00 17,229.50 226.60 185.00 1,785.01 1.650.10 400.00 450.00 3,041.25 2.843.00 788.87 344.75 53.16 66.34 113.04 187.84 6.131.08 2.302.05 337.34 917.51 31,354.35 25.258.58 405.01 400.(K) 112.50 2,928.75 788.87 53.16 113.04 6,131.08 337.34 30,436.84 ments Diocesan Assessment Church Running Costs Sunday School Costs Rectory Costs Admintstration Costs Charltable Donations Totsl Pa ments 13,207.85 3,181.64 32.50 13,207.85 12,924.48 3,181.64 3,424.34 32.50 118.44 5,587.30 4,794.90 405.01 1,568.51 1,305.10 405.01 23,577.80 22,567.26 5,587.30 1,163.50 23.172.79 Excess of Receipts over Payments for the year before transfers Capital payments Transfers Excess of Receipts over Payments for the year 7.264.05 512.50 7,776.55 2691.32 (2,720.00) (2,720.00) {192.00) 512.50 5.056.55 2.499.32
St Matthlas, Church, Ballyeglish STATEMENT OF ASSETS & LIABILrrES AS AT 31 December 2022 Unrestricted Funds 2022 Restricted Funds Totsl Fund5 Total Funds 2022 2022 2021 Funds Reconciliation Bank and Cash at start of year Net movement in funds 44,250.84 4.544.05 2.097.13 46,347.97 43,848.65 512.50 5.056.55 2.499.32 Bank and Cash at end of year 48.794.89 2,609.63 51,404.52 46,347.97 Bank & Cash Balances Current Accounts Deposit Accounts Cash Total Cash Funds 15,921.22 32,873.67 2.609.63 18.530.85 13.514.70 32,873.67 32,833.27 10 48.794.89 2.609.63 51A04.52 46.347ts7 OTHER ASSErs Investment Assets RCB Unit Trusts CIT Unit Trusts RCB Deposit Account Total Investment Assets 4,428.43 2,291.64 153,731.63 160,451.70 4,428.43 4,772.54 2,291.64 2,615.86 153,731.63 152,902.22 160,451.70 160,290.62 12 Assets retained for the Parish's own use Church Sto & Toilet Glebe Land Carpark Total Assets retained for the Parish's own use 12,034.60 10,000.00 2,912.00 12,034.60 12,034.60 10,000.00 10,000.00 2,912.00 192.00 11 24.946.60 24,946.60 22,226.60 On Behalf of the Trustees Revd Dr Adrian Stringe Trustee Helen Jones Trustee 19 March 2023 19 March 2023
St Matthias, Church, Ballyeglish Notes to the flnanclal statements for the year ended 31 December 2022 1. 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 Statsrnent of Assets and Liabilities (a) Receipts and Payments Account All items of income and expenditure inGluded within the ReGeipts and Payments AcGount have been. accounted for on a cash receipts basis. {b) Staternent of Assets and Liabilities The congregation has reviewed the basis on which it has prepared its accounts and in order that these are prepared on a strict receipts and payments basis it has eliminated from its fund balan any funds which are not held in bank or cash balances. Any other funds, which the congregation holds, in particular investments, are disclosed on the St*ment of Assets & Liabilities. (l) Assets retalned for the Parfsh's own use The assets of the Parish, retained for its own use comprise:_ Church Buildings and Graveyard Church Store & Toilet Glebe land The Church Building and Graveyard are deemed to be Heritage assets as defined by the Charities SORP {FRS102). These Herttage assets are not induded in the statement of assets and liabillties as infonnation on the cost or valuation is not available and such infomiation canrK)t be obtained at a cost commensurate with the benefit to the users of the accounts and to the parish. The Church store and toilet VRS built in 2013. It is recognised at cost of construction. No depreciation has been provided on the store and toilet block as the current estimated residual value is not less than its carrying value and the remaining useful life currently exceeds 50 years. Glebe land has been valued as 1 acre at agricultural value of £10,000 per acre. Il) Investments Fixed asset investhients comprTsing investment properties, investrnents in equftles (ordinary shares) and investment in RCBICIT Unrt Trusts are initially recorded at cost and are then subsequently stated at fair value at each year end date. Investments in unquoted investrnents are recorded at cost and are assessed annually for impainnent.
St Matthias. Church, Ballyeglish Notes to the financial statements for the year ended 31 Drnber 2022 (continued) 2. Special collections Unrestricted Restricted 2022 2022 Total 2022 Total 2021 Earl Haig Collection Bishops. Appeal - Indian COVID 19 Embrace Nl Bamabas Aid Confirmation Servi Harvest Envelopes TOTAL 142.00 142.00 130.60 229.50 28.25 28.25 206.51 28.25 28.25 206.51 1.380.00 1.290.00 1785.01 1,650.10 1,380.00 405.01 3. Property fund Unrestricted Restricted 2022 2022 Total 2022 Total 2021 Parishioner donatlons TOTAL 400.00 400.00 400.00 400.00 450.00 450.00 4. Other receipts Unrestricted Restrfcted 2022 2022 Total 2022 Total 2021 Auction prOedS (40% share) Fun Day prOedS (40% sha) Donation Miss Jeannie Colhoun Donations Donations in memory of the late Mrs J Murdoch Baptism donation - K French Funeral donation Visiting preacher fees retumed TOTAL 296.00 5,130.08 100.00 296.00 525.20 5,130.08 1,321.85 100.00 175.00 505.00 100.00 505.00 100.00 220.00 60.00 6 131.08 2.302.05 6 131.08 5. Church running costs Unrestricted Restricted 2022 2022 Total 2022 Total 2021 Electricty Fire Safe protection ServIS Guest preachers Insurance Music copyright lince Relief organist Sundry expenses Water rates TOTAL 1,097.67 50.94 60.00 1,640.25 133.00 120.00 1.097.67 1,266.18 50.94 59.88 60.00 140.00 1.640.25 1,695.00 133.00 127.00 120.00 30.00 33.00 79.78 73.28 3,181.64 3.424.34 79.78 3,181.64
St Matthias. Church, Ballyeglish Notes to the financial statements for the year ended 31 December 2022 (continued) 6. Sunday School costs Unrestricted Restricted 2022 2022 Totsl 2022 Totsl 2021 Selection boxes TOTAL 32.50 320 32.50 32.50 7. Ballyeglish Rectory costs Unrestricted Restricted 2022 2022 Total 2022 Total 2021 Rates TOTAL 118.44 118.44 8. Administration costs Unrestricted Restricted 2022 2022 Total 2022 Total 2021 Audit fees Annual reports Bank fees Caretaker Christmas Gifts Confirmation Bibles Free will offering envelopes Gift aid admin fees Contribution towards Moneymore Rectory costs Rectory Carol Service expenses (40%) Farming Fun Day expenses (40%) St John's donation re Armagh Diocesan Board of Ministy St John's - chairs 40% Jubilee celebration expenses Lawn mowing costs Lawnmower repairs & fuel Poppy wreath StationerylPrinting strimmer Sundry expenses Wedding gift TOTAL 318.00 156.00 92.12 600.00 445.50 35.04 171.77 293.31 1.416.44 318.00 156,00 92.12 600.00 445.50 35.04 171.77 171.56 293.31 261.69 1,416.44 1,335.37 164.00 129.10 306.00 130.00 80.78 600.00 402.40 607.51 607.51 340.00 240.00 215.00 600.00 95.53 30.00 135.97 240.00 215.00 600.00 95.53 30.00 135.97 600.00 89.00 20.00 165.00 35.11 100.00 5,587.30 35.11 100.00 5,587.30 4,794.90
St Matthias. Church, Ballyeglish Notes to the financial statements for the year ended 31 Dernber 2022 (continued) 9. Charitable donatlons Unrestricted Restricted 2022 2022 Total 2022 Total 2021 Age Concern Air Ambulan Armagh Diocese Board of Ministy AYDC BoardlDioc of Armagh Youth Grant Barnabas Aid Bishops. Appeal Indian COVID 19 British Legion Church Army Church of Ireland Board Of Education Church of Ireland Board Of Social Responsibilty Nl Church of Ire5and Children's Min Group Church of Ireland Retirernent Trust Church's Ministry of Healing CMJ Ireland CMS Ireland Ernbra Nl Leprosy Mission Mission to Seafarers Nl Protestant Orphan Society SAMS St Mark's Building Fund - Rector on a tractor The Bible Society The Hub {COI Centre at Queens) USPG TOTAL 35.00 100.00 35.00 100.00 206.51 100.00 100.00 35.00 100.00 206.51 100.00 71.75 100.00 28.25 229.50 130.60 70.00 25.00 30.00 25.00 45.00 35.00 35.00 125.00 142.00 142.00 70.00 25.00 30.00 25.00 45.00 35.00 35.00 125.00 100.00 30.00 35.00 55.00 30.00 75.00 35.00 100.00 35.00 1,568.51 70.00 25.00 30.00 25.00 45.00 35.00 35.00 125.00 71.75 30.00 35.00 55.00 30.00 75.00 35.00 100.00 35.00 1163.50 28.25 30.00 35.00 55.00 30.00 35.00 100.00 35.00 05.10 405.01 10. Movement in Funds At1Jan Incoming Outgoing Trdnsfers 2022 Resources Resources At 31 Dec 2022 Restricted funds Special Collections Propety Fund 405.01 512.50 917.51 405.01 2.097.13 2,097.13 2,609.63 2.609.63 405.01 Unrestricted funds General Fund 44,250.84 30,436.84 25,892.79 48,794.89 44,250.84 30.436.84 25.892.79 48,794.89 Total funds 46.347.97 31,354.35 26397.80 51,404.52 Purposes of Restrfcted Funds Propety fund: This is a fund to assist with the cost of maintsining and repair of Parish Buildings Special collections. Various charitable collections r1ved during the year that are subsequently distributed to the charities conrned.
St Mathias, Church, Ballyeglish Notes to the financial st*ments for the year ended 31 December 2022 (continued) 11. Assets retained for the Parfsh's own use Church Store & Toilet Glebe Land Carparf( Total Opening cost at 1 Jan 2022 Additions Disposals Closing cost at 31 Dec 2022 12.034.60 10.000.00 192.00 22.226.60 2.720.00 2,720.00 12.034.60 10.000.00 2,912.00 24,946.60 12. Invesknent Assets Representative Church Body RCB Deposit Account crr Inveslment Total Opening cost at 1 Jan 2022 2.6156 4.772.54 152.902.22 160.290.62 Changes in valuation (324.22) (344.11) 829.41 161.08 Closing cost at 31 Dec 2022 2,291.64 4,428A3 153,731.63 160,451.70 13. Transactions with the Trustees The Parh paid a contribution of £1,416.44 towards the running costs of Moneym0 Rectory which Is occupled by the rector. There were no transactions with the trustees during the year. No trustee reiVed any remuneration or reirnbursement of expenses during the year. other than Mr Stephen Wallace who reiVed £1200 as an honorarium for his role as the Parish caretaker and Parish groundsman. No trustee or a person related to a trustee had any personal interest in any contrdct or transaction entered into by the charity during the year. 14. Governance Costs Governance costs of £318 were incurred during the year of which'£318 relates to fees paid to the independent examiner. Governance costs are included within Administration costs in the Receipts and Payments Accounts.