St Matthias, Church, Ballyeglish
Trustees, Annual report and Statement of Receipts and Payments
and Assets and Liabilities
For the year ended 31 December 2024
Charitles Number: 104354

st Matthias, Church, Ballyeglish
Annual report and financlal statements for the year ended 31 December 2024
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
10-14

St Matthias, Church, Ballyeglish
References and administrative details
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 Dennis Bell
Mr Wilfred Berryman
Mr William Chambers
Mrs Wilma Clarke
Mrs Linda Harkness
Mrs Helen Jones
Mr Mervyn Jones
Mrs Amanda Knox
Mr Peter Simpson
Mr Wilbert Stewart
Revd Dr Adrian Stringer
Mr Graeme Wallace
Mr Stephen Wallace
Resigned 10.4.24
Principal Office-bearers
Clergy..
Church Treasurer:
Church Secretary..
Church Warden- Clergy..
Reverend Dr Adrian N Stringer
Mrs Helen Jones
Mr Peter Simpson
Mr Dennis Bell
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 2024
The trustees present the annual report and statements of Receipts and Payments and Assets and Liabilities for
the Church for the year ended 31 December 2024
Objectives and Activities
The oharilable 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 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, St Matthias, Church, Ballyeglish
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 St Matthias, Church, Ballyeglish.
Achievements, Performance & Publlc Benefit
The Parish holds public worship at a variety of services each week throughout the church year
Holy
Communion, Morning Prayer, Baptisms, Marriages and Funerals. There are services focusing on Advent,
Christmas, Lent, Easter, Harvest etc. At Christmas we held our first Candle lit Carol Service raising £1155 for Air
Ambulance.
Our Rector has been off on sick leave and our thoughts and prayers are with him and his family. We are grateful
to the Diocese Office for arranging cover and to all those who have taken our services throughout 2024.
Sunday School continues on Sunday mornings at 9.30AM and we are grateful to parents for bringing their children
each week and to all our teachers for their dedication and support.
At all times we keep in mind our Safe Guarding Trust policy, Health and Safety requirements and regulations.
We are pleased that our carpark is now completed and are sure that it will prove to be a valuable asset to the
Parish. We wish to express our thanks to all those who donated materials and their time to this project.
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 81. 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 Northern Ireland's guidance 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 benefit.
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 purpose, other than restricted
reserves which are held for a designated purpose- see note 9.
Going Concern
The trustees have reviewed the budgets for the year ahead and are satisfied that there are adequate funds in
place to ensure that the Parish can continue its activities and the financial statements for the year ended 31
December 2024 can be signed off as a going concern.

st Matthias, Church, Ballyeglish
Trustees, Annual Report for the year ended 31 December 2024 (continued)
structure, Governance and Management
Governing Document and Constitution of the Charity
Chapter111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The Select
Vestry members are the Charity Trustees.
Recruitment and Appolntment of Select Vestry (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 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 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 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, any curate assistant I'the curate"), the churchwardens, the glebe
wardens and generally not more than ￿e1ve 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 officiating in the parish. Select vestry
members are responsible for making decisions on matters of general concern 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 diocesan synod. Special meetings may be
convened at any time by the chairperson or the churchwardens. In 2024 the Select Vestry met 5 times during
the year and the average attendance was 870/0. Routine issues have also been discussed and dealt with in the
Select Vestry WhatsApp Group
Compliance with Publlc Benefit
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 to achieve the Parish's objectives and
activities, as well as providing public benefit.
Statemgnt of Trustees, Responsibllities
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 require5 the trustees to
prepare a statement of receipts and payments and a statement of assets and liabilities for each financial year.

st Matthias. Church, Ballyeglish
Trustees, Annual Report for the year ended 31 December 2024 {continued)
statement of Trustees. Responsibilities (continued)
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.
Signed on Behalf of the Trustees
Helen Jones
Trustee
Peter
Trustee
son
24 April 2025
24 Aprll 2025

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 2024, which are set out on pages 8 - 14.
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 accounts under section 65 of the Charities Act
follow the procedures laid down in the general Directions given by the Commission under section 6519)(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{9llb) of the Charities Act.
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 disclosures in the accounts,
and seeking explanations from you as charity trustees concerning any such matters.
My role is to state whether any materia5 matters have come to my attention giving me cause to believe..
1. 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 examlner's 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
irections of the Charity Commission for Northern Ireland, I have found no matters
that requ.
re drawing to your
ention.
en
Geagh BA Hons FC
for and on behalf of Davld Lyttle + Co
Chartered Accountants
Statutory Auditors
24 April 2025
td
15 Meeting Street
Magherafelt
Co Londonderry
BT45 6BN

St Matthias, Church, Ballyeglish
Receipts and Payments Account for the year ended 31 December 2024
Unrestricted Restricted
Funds
Funds
2024
2024
Note
Total
Total
2024
2023
Recei
Sustentation
Plate collection
Special Collections
Property Fund
Gift Aid rebate
Gift Aid Small Donations rebate
Bank & Deposit interest
Investment income
Other receipts
Total Recei
t8
19,633.10
217.25
1,290.00
19,633.10 19,857.00
217.25
267.20
2,690.50
1,309.00
150.00
250.00
3,166.25 3,309.50
1,077.28
836.90
726.31
459.03
111.63
107.42
672.00
5,456.00
1,613.00 28,444.32 31,852.05
1,400.50
150.00
62.50
3,103.75
1,077.28
726.31
111.63
672.00
26,831.32
Pa
ments
Diocesan Assessment
Church Running Costs
Sunday School Costs
Administration Costs
Charitable Donations
Total Pa
ments
14,996.88
4,174.27
172.56
4,899.69
790.00
25,033.40
14,996.88 14,280.21
4,174.27 11,723.42
172.56
205.66
4,901.57
6,995.76
2,190.50
1,139.00
26,435.78 34,344.05
1.88
1,400.50
1,402.38
Excess of Receipts over Payments for
the year before transfers
Transfer from RCB Glebe Investment
1,797.92
210.62
2,008.54 (2,492.00)
33,000.00
33,000.00
Capital payments
Transfers
Excess of Receipts over Payments for the
year
10
{53,551.95}
(53,551.95) (4,718.76)
(18,754.03
210.62 (18,543.41) (7,210.76)

St Matthias, Church, Ballyeglish
STATEMENT OF ASSETS & LIABILITES AS AT 31 December 2024
Unrestricted Restricted
Funds
Funds
2024
2024
Total
Funds
Total
Funds
2024
2023
Funds Reconciliation
Bank and Cash at start of year
Net movement in funds
44,193.76
(18,754.03)
44,193.76 51,404.52
210.62 (18,543.41) (7,210.76)
Bank and Cash at end of
year
210.62
25,439.73
25,650.35 44,193.76
Bank & Cash Balances
Current Accounts
Deposit Accounts
Cash
Total Cash Funds
8,442.32
16,997.41
210.62
8,652.94 27,895.50
16,997.41
16,298.26
25,439.73
210.62
25,650.35
44,193.76
OTHER ASSETS
Investment Assets
RCB Unit Trusts
CIT Unit Trusts
RCB Deposit Account
Total Investment Assets
4,646.05
2,628.82
131,016.29
138,291.16
4,646.05
4,561.36
2,628.82
2,397.83
131,016.29 158,992.06
138,291.16 165,951.25
11
Assets retalned for thfr Parlsh's own use
Church store & Toilet
Glebe Land
Carpark
Total Assets retained for the
Parish's own use
12,034.60
10,000.00
61,182.71
12,034.60 12,034.60
10,000.00 10,000.00
61,182.71
7,630.76
10
83,217.31
83,217.31 29,665.36
On Behalf of the Trustees
Helen Jones
Trustee
Peter Sim
Trustee
24 April 2025
24 April 2025

St Matthias, Church, Ballyeglish
Notes to the financlal statements for the year ended 31 December 2024
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 Statement of Assets and Liabilities
la) 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.
(bl Statement 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 ba51S It has eliminated from its fund balances 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 Statement of Assets & Liabilities.
(i} Assets retalned for the Parish's own use
The assets of the Parish, retained for its own use comprise:.
Church Buildings and Graveyard
Church Store & Toilet
Glebe land
Carpark
The Church Building and Graveyard are deemed to be Heritage assets as defined by the Charities SORP
{FRS1021. 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 Church store and toilet 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 life currently exceeds 50 years.
Glebe land has been valued as 1 acre at agricultural value of £10,000 per acre.
Church Carpark is recognised at cost of construction.
li} 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.
10

St Matthias, Church, Ballyeglish
Notes to the financial statements for the year ended 31 December 2024 {continued)
2. Special collections
Unrestricted Restricted
2024
2024
Total
2024
Total
2023
Earl Haig Collection
Dio¢esan Hospice Appeal
Carol Service for Air Ambulance
125.50
120.00
1,155.00
125.50
120.00
1,155.00
194.00
Confirmation Service
Harvest Envelopes
TOTAL
1,290.00
1290.00
1,290.00
2,690.50
1 115.00
1 309.00
1400.50
3. Property fund
Unrestrlcted Restricted
2024
2024
Total
2024
Total
2023
Parishioner donations
TOTAL
150.00
150.00
150.00
150.00
250.00
250.00
4. Other recelpts
Unrestricted Restricted
2024
2024
Total
2024
Total
2023
LPOW Grant- VAT roof repairs 2023
Mid Ulster Farming Fun Day proceeds1400/0
share)
Oonation Miss Jeannie Colhoun
Cheque not presented for payment
Energy support payment
Funeral donation - family of late Mary Smyth
TOTAL
567.00
567.00
4,706.00
100.00
50.00
55,00
50.00
55.00
600.00
50.00
672.00 5 456.00
672.00
5. Church running costs
Unrestricted Restricted
2024
2024
Total
2024
Total
2023
Automation of Church bell
Electricity
Fire Safe protection services
Guest preachers
Hoover repairs
Insurance
Music copyright licence
Relief organist
Repairs
Water rates
TOTAL
3,912.00
1,630.91 2,052.13
51.84
50.94
50.00
1,630.91
51.84
120.00
2,053.53
148.00
80.00
120.00
2,053.53 1,830.46
148.00
142.00
80.00
80.00
3,517.20
89.99
88.69
4 174.27 11723.42
89.99
4 174.27
6. Suiiday School costs
Unrestricted Restricted
2024
2024
Total
2024
Total
2023
Easter eggs
Prizes
Selection boxes
22.50
126.06
24.00
172.56
22.50
126.06
24.00
172.56
22.50
149.94
33.22
205.66
TOTAL
11

St Matthias, Church, Ballyeglish
Notes to the financial statements for the year ended 31 December 2024 (continued)
7. Administration costs
Unrestrieted Restricted
2024
2024
Total
2024
Total
2023
Audit fees
Annual reports
Bank fees
Caretaker
Catering flasks
Christmas Gifts
Free will offering envelopes
Gift
Gift aid admin fees
Contribution towards Moneymore Rectory
osts
Mid Ulster Farming Fun Day expenses {400/9}
Lawn mowing costs
Lawnmower repairs & fuel
Poppy wreath
StationerylPrinting
Sundry expenses
TOTAL
396.00
144.00
95.39
600.00
173.94
465.00
205.67
200.00
305.61
396.00
144.00
95.39
600.00
173.94
465.00
205.67
200.00
307.49
360.00
140.00
111.92
600.00
455.00
195.60
105.00
308.91
1.88
1,212.08
1,212.08 1,465.35
2,214.74
600.00
600.00
437.00
229.00
25.00
25.00
4.00
133.80
36.00
51.44
4,901.57 6 995.76
600.00
437.00
25.00
4.00
36.00
4 899.69
1.88
8. Charitable donations
Unrestricted Restrlcted
2024
2024
Total
2024
Total
2023
Age Concern
Air Ambulance
AYDC BoardlDoic of Armagh Youth Grant
Church Army
Church of Ireland Board Of Education
Church of Ireland family routes
Church of Ireland Children's Min
Group
Church of Ireland Retirement Trust
Church's Ministry of Healing
CMJ Ireland
CMS Ireland
Diocesan Hospice appeal
Leprosy Mission
Mission to Seafarers N I
Protestant Orphan Society
RBL Poppy appeal
SAMS
The Bible Society
The Hub ICOI Centre at Queensl
USPG
TOTAL
35.00
35.00
1,155.00
100.00
70.00
25.00
30.00
35.00
100.00
100.00
70.00
25.00
30.00
1,155.00
100.00
70.00
25.00
30.00
25.00
45.00
35.00
35,00
125.00
25.00
45.00
35.00
35.00
125.00
120.00
30.00
35.00
25.00
45.00
35.00
35.00
125.00
120.00
30.00
35.00
30.00
35.00
55.00
125.50
194.00
30.00
30.00
35.00
35.00
100.00
100.00
35.00
35.00
2 190.50 1139.00
125.50
30.00
35.00
100.00
35.00
790.00
1400.50
12

St Matthias, Church, Ballyeglish
Notes to the financial statements for the year ended 31 December 2024 (continued)
9. Movement in Funds
At1Jan
Incoming
Outgoing Transfers
2024 Resources Resources
At 31 Dec
2024
Restricted funds
Special Collections
Property Fund
1,400.50
212.50
1,400.50
1.88
210.62
1,613.00
1,402.38
210.62
Unrestricted funds
General Fund
44,193.76
26,831.32 45,585.35
25,439.73
44,193.76
26,831.32
45,585.35
25,439.73
Total funds
44,193.76
28,444.32
46,987.73
25,650.35
10. Assets retained for the Parish's own use
Church Store
& Toilet
Glebe Land
Carpark
Total
Opening cost at 1 Jan 2024
Additions
Disposals
Closing cost at 31 Dec 2024
12,034.60
10,000.00
7,630.76 29,665.36
53,551.95
53,551.95
12,034.60
10,000.00
61,182.71
83,217.31
11. Investment Assets
CIT Investment
Representatlve
Church Body
RCB
Deposit
Account
Total
Openin9 Cost at 1 Jan 2024
Intererst
Changes in valuation
T'fer lo Parish Alc
Closin9 Cost at 31 Dec 2023
2,397.83
4,561.36 158,992.06 165,951.25
5,024.23
5,024.23
315.68
33,000.00) 133,000.00
4,646.05 131,016.29 138,291.16
230.99
84.69
2,628.82
13

st Matthias, Church, Ballyeglish
Notes to the financial statements for the year ended 31 December 2024 (continued}
12. Transactlons with the Trustees
The Parish paid a contribution of £1,212.08 towards the running costs of Moneymore Rectory which is occupied
by the rector. There were no transactions with the trustees during the year. No trustee received any
remuneration or reimbursement of expenses during the year, other than Mr Stephen Wallace who received
£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 contract or transaction entered into by the charity during
the year.
13. Governance Costs
Governance costs of £396 were incurred during the year of which £396 relates to fees paid to the independent
examiner. Governance costs are included within Administration costs in the Receipts and Payments Accounts.
14