Lislimnaghan Parish Church Trustees, Annual Report and Statement of Receipts and Payments and Assets and Liabilities For the year ended 31 December 2022 Registered Charity in Northern Ireland [NIC104678]
Lislimnaghan Parish Church Annual Report and Financial Statements for the year ended 31 December 2022 Page References and Administrative detalls of the Charity Trustees, Annual Report Independent Examiner's Report to the Trustees Statement of Receipts and Payments Statement of Assets and Liabilltles Notes to the Flnancial Statements 8-11
Lislimnaghan Parish Church References and Administrative details Charity Name: Lislimnaghan Parish Church ' Charlty Registratlon Number: NIC104678 Registered Office: The Rectoryi l Erganagh Road, Omagh, County Tyrone, BT79 75X Trustee5 The Charlty Trustees who served during the year or who were Trustees at the date of this report were: Canon D Quinn Mrs D Bryden Mr M Callan Mr H Doherty Mr l Managh Mr G McFarland Mr M Barclay Mrs F Caldwell Mrs R Chlsolm (deceased) Mrs S McFarland Mrs J Smyth Prlnclpal Office-bearers Clergy: Church Treasurer: Church Warden - Clergy: Church Warden- People: Canon D Quinn Mrs F Caldwell Mrs D Bryden Mrs J Smyth Independent Examlner Kathryn Mitchell (for Watson & Colhoun) Unit B15 Omagh Enterprise Centre, Great Northern Road, Omagh, County Tyrone, BT78 SLU Bankers Ulster Bank 14 High Street, Omagh, County Tyrone, BT78 IBJ
Lislimnaghan Parlsh Church Trustees, Annual Report for the year ended 31 December 2022 The Trustees present their Annual Report and Statements of Receipts and Payments and Asset5 and Llabilities for Lisllmnaghan Parlsh Church for the year ended 31 December 2022. Objectlves and Actlvltle5 The charitable purpose of the Church of Ireland is the advancement of rellgion. The principal functlon of Lislimnaghan Parlsh Church is to support the advancement of the Christian rellglon by promotingi through the work of the Parlsh, the whole mlsslon of the Church, pastoral, evangellstlc, soclal and ecumenical. Being open to and engaging with .soclety as a whole and offering support for those needlng help are fundamental to the practical delivery of the beneflts of Christlanity, As a result of actlvlty In the pursult of the advancement of the Christlan rellglon, Llsllmnaghan Parish Church has custody of property and of records, materials and artefacts of 51gnlflcance to the cultural and religlous herltage and maintenance of which is undertaken by the Select Vestry of Llslimnaghan Parlsh Church. Achlevements, Performance and Publlc Beneflts Llslimnaghan Par15h has weekly servlces on Sunday mornlng comprlslng of a mlx of Holy Communlon, Famlly Service, Baptlsm and Mornlng Prayer together wlth varlous other speclal 5ervlces durlng the year e.8. Lenten, Harvest Thank5givlng and Chrlstmas. There are Thursday mornlng servlces wlth refreshments In the week before Chrlstmas and Holy Week. Pastoral care Is provided for parlshloners and those In the wlder communitv. A range of other actlvltles are provided by Llsllmnaghan Parish elther by the church dlrectly or through church organlsations e.g. Sunday School, Prayer and Blble Study, Mother's Unlon, Old Time Dancing, Concerts, and Soclal Events. There is inter-church co-operation within the local community. Llslimnaghan Parish plays an active role In Omagh Churches Forum whlch organlsed various Christian community events throughout the year. The Parish supports the work of local and global charltles by elther making donations or holding speclal collections or events In respect of the same. The actlvities outlined above demonstrate how Llslimnaghan Parish contlnues to Implement Its charitable purp05e5 (i.e. the advancement of rellgion) and meets the Public Benefit requirement. Benefits to members of the public include contributlng to spiritual well-being of particlpants and the reinforcement of Christian values. Lislimnaghan Parish has mltlgated any potential harm from the activities through the implementation of the Church of Ireland safeguarding Trust Pollcy.
Lislimnaghan Parish Church Trustees, Annual Report for the year ended 31 December 2022 (contlnued) COVID-19 COVID-19 has continued to have albeit smaller impact on church events and activities. The majority of restrictions have been lifted which has enabled the church and its organisations to return to near normal however some voluntary mitigation still remain in place Facebook has continued to be the medium to share the gospel and the telephone a Ilfeline to those" who are isolatingi in poor health or stlll wary of the continued risks of Covid-19, We will continue wlth these practices for parishioners who remain wary about attending church. Flnanclal Revlew The Parish is a charitable organisation with their main Source of income derivin8 from member5 freewill offerings. The results for the year show a deficlt of £8,433 [2021: deflcit of £15,171. The Trustees contlnue to monltor the level of reserves held by the Parlsh and are actively taking steps to increase the reserves in order to meet any unforeseen expenditure incurred. Golng Concern The Trustees have revlewed the budgets for the year ahead and are satlsfled that there are adequate funds in place to ensure that the Parish can contlnue its actlvitles and the financial statements for the year end 31 December 2022 can be signed as a going concern. Structure. Governance and Management Governin Document Gnd Constitution o the Charit Chapter 111 of the Constitution of the Church of Ireland govems Parishes and Parochial Organlsatlon5. The Selett Vestry members are the Charity Tru5tee5. Recruitment and A ointment o Select Vest Trustees All members of the Church of Ireland who are over the age of 18 and are either resident within the Parish or Ilve 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 thern 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 the General Vestry meeting. The Select Vestry will hold their positions for a perlod of one year. Select Vestry members may be re-elected annually and there Is no limit on the number of terms whlch may be served.
Lislimnaghan Parlsh Church Trustees, Annual Report for the year ended 31 December 2022 (continued) Structure, Governance and Management (contlnued) onisationol Structure The Select Vestry Is responslble for the day to day management of the Parlsh. The Select Vestry consists of the clergy servlng in the parlsh, the churchwarden5, the glebe 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 clergy. Select Vestry members are responsible for making decisions on matters of general concern and Importance to the parlsh IncludSng decldlng how parish fund5 are to be applied. The Select Vestry meet5 at tlmes flxed by the members. Speclal meetlngs may be convened at any tlme by the chalrperson or the churchwardens. In 2022 the Select Vestry met 4 times durin8 the year and the average attendance was 72%. Com Ilance wlth Publlc Bene The Parish has given careful conslderatlon to the Charlty Commlsslon for Northern Ireland's guldance on publlc beneflt to ensure that the actlvltles entered Into durlng the year have helped to achieve the Parlsh's objectives and actlvltles, as well as provldlng publlc beneflts. Statement of Trustee5' Re5pon51bllltles The Trustees are responslble for preparlng the Trustees, Annual Report and the Statement of Recelpts and Payments and Statement of Assets and Llabilities In accordance with applicable law and regulatlons. The law appllcable to charltles In Northern Ireland wlth Income of less than £250,000 requires the Trustees to prepare a Statement of Recelpts and Payments and a Statement of Assets and Llabilities for each financial year. The Trustees are responslble for keeplng accounting records that are sufflclent to show and explaln the Parish's transactions and di5c105e wlth reasonable accuracy at any tlme the assets and Ilabilitles of the Parlsh. They are also responsible for safeguardlng the assets of the Parish and hence for takin8 reasonable steps for the prevention and detectlon of fraud and other Irregularities. Thls report was approved by the Trustees on..... behalf by: 2023 and signed on its Canon Derek Quinn Mrs Sharon McFarland &.2023
Lislimnaghan Parish Church Independent Examlnerfs Report to the Trustees of Lisllmnaghan Parish Church for the year ended 31 December 2022 I report on the accounts of Lislimnaghan Parish Church for the year ended 31 Decernber 2022, which comprise the Statement of Recelpts and Payments, Statement of Assets and Liabllities, and the related notes, Respectlve Responslbllltles of Trustees and Examlner The Charitvs Trustees are responsible for the preparation of the accounts in accordance with Section 64(3) of the Charltles Act (Northern Ireland) 2008. The Charitvs Trustee5 consider that an audlt Is not required for thls year under sectlon 65121 of the Charltles Act (Northern Ireland) 2008 {the Charltie5 Act) and that an independent examination is needed. It Is my responsiblllty to: examine the accounts under section 65 of the CharitSes Act (Northern Ireland) 2008; to follow the procedures lald down In the general directlons glven by the Charlty Comrnlsslon for Northern Ireland under section 65{9)(bl of the Charities Act; and to state whether particular matters have come to my attentlon. Basls of Independent Examlnerfs Report My examination was carried out In accordance wlth the general dlrections glven by the Charity Commisslon for Northern Ireland. An examlnatlon Includes a review of the ac.counting records kept by the charity and a comparlson of the accounts presented wlth those records. It also Includes consideratlon of any unusual Items or dlsclosures In the accounts, and seeklng explanatlons from you as Trustees concerning any such matters. The procedures undertaken do not provlde all the evidence that would be requlred In an audlt and consequently no oplnlon Is glven as to whether the accounts present a 'true and fair vlew, and the report Is Ilmlted to those matters set out In the next statement. Independent Examlnerfs Statement In connection with my examlnatlon, no matter has come to my attention: l) which gives rne reasonable cause to belleve that In any materlal respect the requlrements: to keep accounting records In accordance wlth sectlon 63 of the Charities Act and to prepare accounts whlch accord wlth the accountlng records and comply with the accounting requirements of the Charities Act 2008 have not been met; and 2} to which, in rny opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Name: Kathryn Mitchell (for Watson & Colhoun) Relevant professlonal quallflcatlon: ACA Address: Unit B15 Omagh Enterprise Centre, Great Northern Road, Omagh, County Tyrone, BT78 SLU Date:
Lislimnaghan Parish Church Statement of Receipts and Payments for the year ended 31 December 2022 Unrestricted Restricted Endowment funds fund5 fund5 Total 2022 Total 2021 Recelpts Donations and plate collection Proceeds from fund raisin8 events Bank and deposit Interest Grants Received Rental of land Charitable collections Other receipts Receipts from Parish Organlsation's Total Recelpts 46,280 1,150 130 3,920 50.200 1,150 130 1,595 931 761 49,439 1,595 931 864 396 3,060 160 761 713 85 49,289 713 85 6,276 55,565 53,928 Payments Dloce5an costs / assessment Church running costs Parlsh centre costs Administratlon costs Fundraislng costs Charltable donatlons Payments from Parlsh Organisation's General expenses Capital expendlture Total Payments Excess of Receipt5 over Payments for the year before Transfers Tra nsfers Exce55 of Recelpts over Payments for the year after Transfers Reconclllatlon of Funds 27,562 10,754 9,309 2,022 27,562 10,754 10,904 2,022 26,759 7,641 5,976 1,110 1,595 1,650 1,650 971 240 489 846 846 10,260 13,505 10,260 63,998 25,913 69,099 50,493 11,2041 16,1981 (7,229) 6,198 (8,433) (15,171) (7,402) (1,031) (8,433) (15,171) Total funds brought forward Gain on investments Total Funds Carrled Forward 68,867 4,951 73,818 88,989 61,465 3,920 65,385 73,818 On behalf of the Trustee5 thaKJO Canon Derek Quinn Mrs Florence Caldwell 2023
Lislimnaghan Parish Church Statement of As5et5 and Liabillties as at 31 December 2022 Unrestricted funds Restrlcted Endowment fund5 Funds Total 2022 Total 2021 Cash Funds Current Accounts 2,801 58,664 61,465 3,920 6,721 58.664 65,385 9,894 63,924 73,818 Deposit Accounts Total Cash Funds 3,920 Investment Assets Investments in RCB / CIT Unlt Trusts Total Investment Assets 15,506 15,506 15,506 15,506 17,034 17,034 Assets retalned for the Parlsh's own use Parish Hall and Faclllties Land 426,642 47,500 474,142 416,382 47,500 463,882 Total Assets retalned for the Parlsh's own use Approved by the Trustees on ....'&a.. K.3th..: 2023 and signed on thelr behalf by: Canon Derek Quinn Mr5 Florence Caldwell
Lislimnaghan Parish Church Notes to the Flnanclal Statements for the year ended 31 December 2022 Accountlng pollcles Set out below are the principal accounting policies whlch have been adopted In the compllatlon of the Recelpts and Payments Account and the Statement of Assets and L13bilities. Recelpts and Payments Account All items of income and expenditure included within the Receipts and Payments Account have been accounted for on a cash recelpt basls. Statement of Assets and Llabllltles Assets retalnedfor the Parlsh's own use The assets of the Parish, retained for its own use comprise of Land, Church Buildlng and Graveyard, Parish Hall and Facllitles. The Church Bulldlng and Graveyard are deemed to be herltage assets as deflned by the Charitles SORP (FRS102). These heritage assets are not Included in the Statement of Assets and Llabllities as Information on the cost or valuation Is not available and such Informatlon cannot be obtalned at a c05t commensurate wlth the beneflt to the users of the accounts and to the Parlsh. The Parlsh Hall and Facllltles are recognlsed at cost of constructlon. No depreclatlon has been provided on these as the current estlmated residual value Is not less than Its carryln8 value and the remalnln8 useful Ilfe currently exceeds 50 years. Investments Investments In RCB/CIT Unlt Trusts are initlally recorded at C05t and then are subsequently stated at falr value at each year end date. Fund Accountlng Funds are classified as either restricted funds or unrestricted fund5, which are defined as follows: RestrlctedAunds Restricted funds are funds subject to specific requlrements a5 to their use which may be declared by the donor or wlth thelr authorlty or created through legal processes, but stlll wlthln the wlder objectlves of the Parish. Unrestrlctedfunds Unrestricted fund5 are expendable at the discretion of the Trustee5 In furtherance af the objectives of the charlty. If parts of the unrestricted funds are earmarked at the discretion of the Trustees for a particular purpose, they are designated as a separate und. The deslgnatlon has an administrative purpose only and does not legally restrict the Trustees dlscretlon to apply the funds.
Lislimnaghan Parish Church Notes to the Financial Statements for the year ended 31 December 2022 {continued) Accounting pollcles Icontinued) Preparatlon of Accounts on a Going Conrn Basis The Parlsh generally meets its day to day working capital requirements from it5 annual income. The Trustees are satisfied that the Parish has resources to provide a reasonable expectatlon that it can continue to meet its financial obligations as they fall due for the foreseeable future. Therefore, these financial statements have been prepared on a going concern basis. Recondllatlon of Cash Funds Total Total cash fund5 at beglnning of the year Receipts for the year Payment5 for the year Total cash funds at end of the year 73,818 55,565 {63,998) 65,385
io Lislimnaghan Parish Church Notes to the Financial Statements for the year ended 31 December 2022 (continued) Movement In Funds Atl January 2022 At31 December 2022 Incomlng Outgolng Resources Resources Transfers Re5trlcted fund5 Church restoration fund Grant from Councll Loan raised by parishioners Charltable donatlons Other Total re5trlcted fund5 2,495 3,920 1,595 (10,260) (1,595) 7,765 3,920 761 (1,650) 883 (2,450) 6,198 2,450 4,951 6,276 {13,505) 3,920 Unrestrlcted funds General funds Total unrestrlcted funds 68,867 68,867 49,289 49,289 (50,493) (50,493) (6,1981 (6,1981 61,465 61,465 Endowment funds Investments In RCB/CIT Unlt Trusts Total Endowment funds Total funds 73,818 55,565 (63,998) 65,385 Pur ose of Restricted Funds Church Restoratlon Fund: Thls Is a fund to asslst wlth slgnlflcant repalrs work due to be carried out on the church building.
li Lislimnaghan Parish Church Notes to the Financlal Ststements for the year ended 31 December 2022 (continued) Collections for Thlrd Partles 2022 2021 Bishops, Appeal Bowlln8 club Donatlon of remaining funds Care for Cancer Chrlstian Bllnd Mission CMS Ireland Crossllnks Derry & Raphoe Synd Earl Halg Tearfund The Bible Society The Leprosy Mlsslon Tyrone Protestant Orphans Ukralne Appeal 300 216 575 100 180 361 761 971 The above arnounts have been Included in the Statement of Recelpts and Payments for the year under charltable donations. Transartions wlth Trustees Trustees recelved remuneratlon or relmbursement of expenses during the year to the sum of £589 [2021: £960]. No Trustee or a person related to a Trustee had any personal interest In any contract or transactlon entered into by the charity during the year.