St Matthias. Church, Ballyeglish
Trustees, Annual report and Statement of Receipts and Payments
and Assets and Liabilities
For the year ended 31 December 2023
Charities Number: 104354

St Matthias. Church, Ballyeglish
Annual report and financial ststements for the year ended 31 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 8ssets and liabilities
Notes to the fin8nci81 statements
10-14

St Matthias, Church, Ballyeglish
References and administrative detai18
Charity Name..
St Matthias, Church, Ballyeglish
Charity Registration Number..
104354
Contact Address..
The Rectory
24 Cookstown Road
Moneymore
Magherafelt
Co Londonderry BT45 7QF
Trustees
Mr Edward Bates
Mrs Clare Bates
Mr Dénnis Bell
Mr Wlfred Berryman
Mr William Chambers
Mrs Wilm8 Clarke
Mrs Linda Harkness
Mrs Helen Jones
Mr MeNyn Jon8S
Mrs Amanda Knox
Mr Peter Simpson
Mr Wilbert Stewart
Revd Dr Adrian Stringer
Mr Graeme Wallace
Mr Stephen Wallace
Prlnclpal Office-bearers
Clergy..
Church Treasurer..
Church Secretary.
Church Warden- Clergy..
Church Warden - People.
Raverend Dr Adrian N Stringer
Mrs Helen Jon8S
Mrs Clare B8tes
Mr Dennis Bell
Mrs Wilma Clarke
Independent Auditor
David Lyttle + Co Ltd
15 Meeting Street
Magherafelt
Co Londonderry
BT45 6BN
Principal Bankers
Danske Bank
Donegall Square West
Belfast
BT16JS

St Matthias. Church, Ballyeglish
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 Li8bililies for
the Church for the year ended 31 December 2023
Objectives and Activities
The charitab18 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 work the whole mission of the Church, pastoral. evangelistic, social and ecumenical.
Being open to and engaging with society as a whole and offering support forthose needing help are fundamental
to the practical delivery of the benefits of Christianity.
As a result of activity in the pursuit of th8 advancement of the Christl8n religion, St Matthias, Church, Ballyeglish
has custody of property and of records, materials and artefacts of significance to the cultural and religious heritage
and Maintenan￿ of which is undertaken by the select vestry of St Matthias, Church, Ballyeglish.
Achievements. Performance & Public Benefit
The Parish holds public worship at a variety of services each week throughout the church year
Holy
Communion, Morning Pray8r, Baptisms, Marriages and Funerals, There are s8rvic8s focusing on Advent,
Christmas, Lent, Easter, Harvest etc. Our WhalsApp services continue each week for those unable to attend and
evefy morning our rector continues to support Parishioners with a daily Bible reading and prayers.
Sunday School continues on Sunday mornings at 9.30AM and we are grateful to parents for bringing their children
each week 8nd to all our teachers for their dedication and support.
Al 811 times we keep in mind our Safe Gu8rding 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 n88d Isae
donations list note 8}. This is a tangible demonstration of our mission and outreach - a reach that covers both
home and abroad.
The Parish has given careful consideration to the Charity Commission for Northem Ireland's guidance on public
benefit to ensure that the actlV8s entered into during the year h8ve helped to achieve the Parish's objectives and
activities, as well as providing public benefit.
Financial Review
The results for the year are 88t out on page 8, which the Trustees consider lo be satisfactory.
The reserves of the Parish are held for the advancement of its charitable purpose, other than restricted
reserves which are held for a designated purpose - see note 9.
Going Concem
The trustees have reviewed the budgets for the year ahead and are satisfied that there are adequate funds in
place lo ensure that the Parish can continue ils activities and the financial statements for the year ended 31
December 2023 can be signed off as a going concern.

St Matthias, Church. Ballyeglish
Trustees, Annual Report for the year ended 31 December 2023 (continued)
Structure, Governance and Management
Governlng Document and Constitutlon of the Charlty
Chapter111 of the Constitution of the Church of Irel8nd govems 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 81ther resident within the parish or liv8
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 lo attend and vote at meetings of th8 general v8Stry
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 Veslry will hold their positions for a
period of one year. Select V8Stry members may be re-elected annually and there is no limit on the number of
terms which m8y be served.
Organisational Structure
The select vestry is responsible for the day to day man8gement of the parish. The select vgstry consists of the
m8mber of the clergy serNing in the p8rish, any curale assistant ("th8 curate'l, the churchwardens, the gleb8
wardens and generally not more than twelve other members of the general vestry elected at the General Vestry.
The select vestry is chaired by the incumbent or other member of the clergy offic18ting in the parish. Select vestry
members are responsible for making decisions on matters of g8n8ral conc8rn and importance to th8 parish
including deciding how parish funds are to be applied.
The select vestry meels at times fixed by the members or by the diocesan synod. Special m88lings may be
convened at any time by the chairperson or the churchwardens. In 2023 the Select Vesiry met 7 times during
the year and the average attendance was 859h. Routina issues have also been discussed and dealt with in the
Select V8Stry IMiatsApp Group
Compllanco wlth Publlc Beneflt
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 lo achieve the Parish's objectives and
activities, as well as providing public benefit.
Statement of Trustees. Responsibiliti88
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.
Th8 law applicab18 to charities in North8rn Irèland with Incomé of18SS than £250,000 requires the trustees to
prepare a statement of receipts and payments and a stalement of assets and liabilities for each financial year.

St Matthias, Church, Ballyeglish
Trustees, Annual Report for the year ended 31 December 2023{continued)
ststement of Trustees. Responsibilities (continued)
The trustees are responsible for keeping accounting records th81 are sufficient to show and explain the Parish's
transactions and disclose with reasonable ac￿racY 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 Snd other irregularities.
Slgned on Behalf of the Trustees
UL
Helen Jones
Trustee
Clare Bates
Trustee
10 April 2024
10 April 2024

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 8nded 31 D8cember 2023, which ar8 S8t out on pages 8 - 14.
Respective responsibilities of charity trustees and examiner
As the charity's truste8s, you are responsible for the preparation of the 8ccounts in accordance with the Charities
Act (Northem Ireland) 2008.
It is my responsibility to=
examine the accounts under section 65 of the Ch8rities Act
follow the procedures laid down in the general Directions given by the Commission under section 65(9J{b) of
the Charities Act
state whether particular matters have come to my attention.
Basis of independent examinef8 report
I have examined your charity accounts as required under section 65 of the Charities Act and my examination was
carried out in accordan￿ with the general Directions given by the Charity Commission for Northem Ireland under
section 6519)Ibl of the Charities Act.
My ex8mination 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..
1. That accounting records were not kepl in accordance with section 63 of the Charities Act
2. That the accounts do not 8ccord 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 raached.
Independ
I have
conne
th81 r
t 8xamln8￿s statement
pleted my ex
ination and have no concems in respect of the matters (1) to14} listed above and, in
with following
e Directions of the Charily Commission for Northern Ireland, I have found no matters
e drawing to y
attention.
en McGeagh BA Hons FC
for and on behalf of Davld Lyttle +
Chartered Accountants
Statutory Auditors
TA
10 April 2024
Ltd
15 Meeting Street
Magheraf81t
Co Londonderry
BT45 6BN

St Matthias, Church, Ballyeglish
Receipts and Payments Account for the year ended 31 December 2023
Unrestricted Restricted
Funds
Funds
2023
2023
Total
Total
Note
2023
2022
Recei
Sustentation
Plale collection
Special Collections
Property Fund
Grft Aid rebate
Grft Aid Small Donations rebate
Bank & Deposit inter8St
Investment income
Other receipts
RCB Covid revenue grant
Total Recel t8
19,857.CM)
267.20
1,115.00
19,857.00 18,478.c(I
267.20
226.60
194.00
1,309.00
1,785,01
250.00
250.00
400,00
100.00 3,309.50
3,041.25
836.90
788.87
459.03
53.16
107.42
113.04
5,456.00
6,131.08
337.34
544.00 31,852.05 31,354.35
3,209.50
836.90
459.03
107.42
5,456.00
31,308.05
Pa
ments
Diocesan Assessment
Church Running Costs
Sunday School Costs
Administration Costs
Charitable Donations
Total Pa
ments
14,280.21
8,772.54
205.66
6,987.01
945.00
31,190.42
14,280.21
13,207.85
2,950.88 11,723.42
3,181.64
205,66
32.50
8.75 6,995.76
5,587.30
194.00 1,139.00
1,568.51
3,153.63 34,344.05 23,577.80
Excess of Recelpts over Payments for
the year before transfers
Capltal payment8
Transfers
Excess of Receipts ovor Paymonts for the
year
117.63 (2609.631 (2492.00)
14,718.76)
(4,718.76) (2,720.001
7,776.55
(4601.13) (2609.63) {7210.76)
6,056.55

St Matthias, Church. Ballyeglish
STATEMENT OF ASSETS & LIABILITES AS AT 31 December 2023
Unrestricted
Funds
2023
Restricted
Funds
Total
Funds
Total
Funds
2023
2023
2022
Funds Reconciliation
Bank and Cash 8t start of year
Net movement in funds
48,794.89
(4,601.131
2,609.63 51,404.52
(2,609.63) {7,210.76)
46,347.97
5,056.55
Bank and Cash at end of year
44,193.76
44,193.76 51,404.52
Bank & Cash Balances
Current Accounls
Deposit Accounts
Cash
Total Cash Funds
27,895.50
16,298.26
27,895.50 18,530.85
16,298.26 32,873.67
44,193.76
44,193.76 $1,404.52
OTHER ASSETS
Investment Asset8
RCB Unit Trusts
CIT Unit Trusts
RCB Deposit Account
Total Invastment A880ts
4,561.36
2,397.83
158,992.06
165,951.25
4,561.36
4,428.43
2,397.83
2,291.64
158,992.06 153,731.63
165,951.25 180.451.70
11
Asset8 retalned for the Parish's own u80
Church store & Toilet
Glebe Land
Carpark
Total Assets retained for the
Parl8h'8 own use
12,034.60
10,000.CO
7,630.76
12,034.60 12,034.60
10,000.00
10,000.C()
7,630.76
2,912.00
10
29,665.36
29.665.36
24,946.60
On Behalf of the Trustees
Helen Jones
Trustee
Clare Bates
Trustee
10 Aprll 2024
10 April 2024

St Matthias, Church, Ballyeglish
Noles to the financial statements for the year ended 31 December 2023
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 Statemenl of Assets and Liabilities
(a) Receipts and Payments Account
All items of income and expenditure includ8d within the Receipts and Payments Account have been
account8d for on a cash receipts b8SIS.
(b} Stalement of Assets and Liabilities
The congr8gation has reviewed the basis on which it has prepar8d ils accounts and in order that these 8re
prepared on a strict receipts and payments basis it has eliminated from ils fund balances any funds which are
not held in bank or cash balances. Any other funds, which th8 congregation holds, in particular investments, 8re
disclosed on the Statement of Assets & Liabilities.
(l) Assets retalned for the Parish's own uso
The assets of the Parish, retained for its own use comprise'.-
Church Buildings and Graveyard
Church Store & Toilet
Gleb8 land
The Church Building and Graveyard are deemed to be Heritage assets as defined by the Charities SORP
(FRS102}. These Heri18ge assets are not included in the slalement of assets and liabilities as information
on the cost or valuation is not available and such information cannot be obtained 8t a cost comm8nsurate
with the benefit lo the users of the accounts and to the parish.
The Church store and loilet was 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 lrfe currently exceeds 50 years.
Glebe land has been valued as 1 acr8 at agricultural value of £10,000 per acre.
11) Investments
Fixed asset inv85tments comprising investment properties, investments in equities (ordinary shares) and
investment in RCBICIT Unit Trusts are initially recorded 81 cost and are then subsequently stated at fair
value at each year end dat8. Investments in unquoted investm8nls are recorded at cost and are assessed
annually for impairment,
10

St Matthias, Church, Ballyeglish
Notes lo the financial statements for the year ended 31 December 2023 (continued)
2. Special collections
Unrestricted Restricted
2023
2023
Total
2023
Total
2022
Earl Haig Collection
Embrace Nl
Barnabas Aid
Confirmation Service
Harvest Envelopes
TOTAL
194.00
194.00
142.00
28.25
28.25
206.51
1,380.OQ
1785.01
1,115.00
1 115.00
1,115.00
1 309.00
194.00
3. Property fund
Unrestricted Restricted
2023
2023
Total
2023
Total
2022
Parishioner donations
TOTAL
250,00
250.00
250.00
250.00
400.00
400.00
4. Other rncelpts
Unrestrlcted Restrlcted
2023
2023
Total
2023
Total
2022
Auction proceeds1400h share)
Mid Ulster Farming Fun Day pro￿ed$ {40% share)
Donation Miss Jeannie Colhoun
Donations in memory of the late Mrs J Murdoch
Baptism donation - K French
Energy support paymenl
Funeral donation - family of lale Mary Smyth
TOTAL
296.00
5,130.08
100.00
505.00
100.00
4,706.00
100.00
4,706.00
100.00
600.00
50.00
5 456.00
600.00
50.00
5 456.00
6 131.08
5. Church running costs
Unrestricted Restricted
2023
2023
Total
2023
Total
2022
Automation of Church bell
Electricity
Fire Saf8 protection services
Guest preachers
Insuran
Music copyright licence
Relief organist
Repairs
Water rates
TOTAL
3,912.00
2,052.13
50.94
50.00
1,830.46
142.00
80.00
566.32
88.69
8 772.54
3,912.00
2,052.13
50.94
50.00
1,830.46
142.00
80.00
3,517.20
88.69
2 950.88 11723.42
1,097.67
50.94
60.00
1,640.25
133.00
120.00
2,950.88
79.78
3 181.64

St Matthias. Church. Ballyeglish
Notes to the financial statements for th8 year ended 31 December 2023 (continued)
6. Sunday School costs
Unrestricted Restricted
2023
2023
Total
2023
Total
2022
Easter eggs
Prizes
Selection boxes
TOTAL
22.50
149.94
33.22
205.66
22.50
149.94
33.22
32.50
32.50
205.66
7. Admlnistration costs
Unrestricted Restricted
2023
2023
Total
2023
Total
2022
Audit fees
Annual reports
Bank fees
Caretaker
Christmas Gifts
Confirmation Bibles
Free will offering envelopes
Gift
Grft aid admin f8es
Contribution towards Moneymore Rectory costs
Mid Ulster Farming Fun Day expenses140%)
St John's - chairs 400
Jubilee celebration expenses
Lawn mowing costs
L8wnmower repairs & fuel
Poppy wreath
Stalion8rylPrinting
Sundry expenses
Wedding gift
TOTAL
360.00
140.00
111.92
600.00
455.00
360.00
140.00
111.92
600.00
455.00
318.00
156.00
92.12
600.00
445.50
35.04
171.77
195.60
105.00
300.16
1,465.35
2,214.74
195.60
105.00
308.91
1,465.35
2,214.74
8.75
293.31
1,416.44
607.51
240.00
215.00
600.00
95.53
30.00
135.97
35.11
100.00
5,587.30
600.00
229.00
25.00
133.80
51.44
600.00
229.00
25.00
133.80
51.44
6 987.01
8.75
6,995.76
12

St Matthias, Church, Ballyeglish
Notes to the financial statements for th8 year ended 31 December 2023 (continued)
8. Charftable donations
Unrestricted Restricted
2023
2023
Total
2023
Totsl
2022
Age Corscern
Air Ambulance
Armagh Diocese Board of Ministry
AYDC BoardlDoic of Armagh Youth Grant
Barnabas Aid
Bishops, Appeal Indian COVID 19
Church Army
Church of Ireland Board Of Education
Church of Ir81and - family routes
Church of Ireland Children's Min Group
Church of Ireland Retirement Trust
Church's Ministry of Healing
CMJ Ireland
CMS Ireland
Embrace Nl
Leprosy Mission
Mission to Seafarers Nl
Protestanl Orphan Society
RBL Poppy appeal
SAMS
St Mark's Buildinng Fund - Rector on a tractor
The Bible Society
The Hub (COI C8nlr8 at Queensl
USPG
TOTAL
35.00
100.00
35.00
100.00
35.00
100.00
206.51
100.00
100.00
100.00
100.00
70.00
25.00
30.00
25.00
45.00
35.00
35.00
125.00
70,00
25.00
30.00
25.00
45.00
35,00
35.00
125.00
70.00
25.00
30.00
25.00
45.00
35.00
35.00
125.00
100.00
30.00
35.00
55.00
142.00
30.00
75.00
35.00
100.00
35.00
1568.51
30.00
35.00
55.00
30.00
35,00
55.00
194.00
30,00
194.00
30.00
35.00
100.00
35.00
945.00
35.00
100.00
35.00
1139.00
194.00
9. Movement in Funds
At1Jan
Incomlng Outgolng Transfers
2023 Resources Resources
At 31 Dec
2023
Restricted funds
Special Collections
Property Fund
194.00
350.00
194.00
2,959.63
2,609.63
2,609.63
544.00
3,153.63
Unrestricted funds
General Fund
48,794.89 31,308.05 35,909.18
44,193.76
48,794.89 31,308.05 35,909.18
44,193.76
Total funds
51,404.52 31,852.05 39.062.81
44,193.76
13

St Matthias, Church, Ballyeglish
Notes to the financial statements for the year ended 31 December 2023 (continued)
10. Assets retained for the Parish's own use
Church Store &
Toilet
Glebe Land
Carpark
Total
Opening cost at 1 Jan 2023
Additions
Disposals
Closing cost at 31 Dec 2023
12,034.60
10,000.00
2,912.00 24,946.60
4,718.76
4,718.76
12,034.60
10,000.00
7,630.76 29,665.36
11. Investment Assets
Representallve
Church Body
RCB
Deposit
Account
CIT Investment
Total
Openlng c08t at 1 Jan 2023
Interest
Changes in valuation
Additions
Closing cost at 31 Doc 2023
2,291.64
4,428.43
153,731.63 160,451.70
4,878.43
4,878.43
239.12
382.00
382.00
4,561.36 158.992.06 165,951.25
106.19
132.93
2,397.83
12. Transactlon8 wlth the Trustees
The Parish paid a contribution of £1 ,465.35 towards the running costs of Monaymore Rectory which is occupi8d
by the redor. There were no Ir8ns8Ctions with the trustees during the year. No trustee received any
remuneration or reimbursement of expenses during the year, other than Mr Stephen Wall8ce who received
£1200 as an honorarium for his role as the Parish caretaker and Parish groundsman. No trustee or a person
related to a trust88 had any person81 interest in any contract or transaction entered into by th8 charity during
the year.
14. Govemancè Costs
Governanc8 costs of £360 were incurred during the year of which £360 relates to fees paid to the independent
examiner. GOVarnan￿ costs are included within Administration costs in the Receipts and Payments Accounts.
14