Lislimnaghan Parish Church
Trustees, Annual Report and Statement of Receipts and
Payments and Assets and Liabilities
For the year ended 31 December 2023
Registered Charity in Northern Ireland [NIC104678]

Lislimnaghan Parish Church
Annual Report and Financial Statements for the year ended 31 December 2023
Page
Reference5 and Administrative details of the Charity
Trustee5' Annual Report
Independent Examinerfs Report to the Trustee5
Statement of Receipts and Payments
Statement of Assets and Liabllities
Notes to the Financial Statements
8-11

Lislimnaghan Parish Church
References and Adminlstratlve details
Charity Name:
Lislimnaghan Parish Church
Charity Registration Number:
N IC104678
Registered Office:
The Rectory, l Erganagh Road, Omagh. County Tyrone, BT79 75X
Trustees
The Charity Trustees who served during the year or who were Trustee5 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 S McFarland
Miss D Stafford (appointed 20 April 2023)
Mrs G Armstrong (appolnted 20 April 2023)
Principal Offic&bearers
Clergy:
Church Treasurer:
Church Warden- Clergy:
Church Warden- People:
Canon D Quinn
Mrs F Caldwell
Mrs D Bryden
Mr M Callan
Independent Examiner
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 Parish Church
Trustees, Annual Report for the year ended 31 December 2023
The Trustees present their Annual Report and Statements of Receipts and Payments and
Assets and Liabilities for Lislimnaghan Parish Church for the year ended 31 December 2023.
Objectlves and Activities
The charitable purpose of the Church of Ireland is the advancement of religlon.
The principal function of Lislimnaghan Parish Church is to support the advancement of the
Christian religion by promotlng, through the work of the Parlsh, the whole mlssion of the
Church, pastoral, evangelistic, social and ecumenical. Being open to and engaging wlth
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 pursult of the advancement of the Christian religion,
Lislimnaghan 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 Selett Vestry of Lislimnaghan Parish Church.
Achlevements, Performance and Public Benefit5
Lislimnaghan Parish has weekly service5 on Sunday mornlng comprlsing of a mix of Holy
Communion, Family Service, Baptism and Morning Prayer together with varlous other
special services during the year e.8. Lenten, Harvest Thanksglvlng and Chrlstmas. There are
Thursday mornlng servlces wlth refreshments In the week before Chrlstmas and Holy Week.
Pastoral care Is provlded for parlshloners and those In the wlder communlty.
A range of other actlvltles are provlded by Llsllmnaghan Parlsh elther by the church directly
or through church organisations e.g. Sunday School, Prayer and Bible Study, Motherfs Union,
Old Time Dancin& Concerts, and Social Events.
There Is Inter-church co-operation within the local community. Llslimnaghan Parlsh plays an
active role in Omagh Churches Forum which organised various Christian community events
throughout the year.
The Parish supports the work of local and globa5 charities by either making donations or
holding special collections or events In respect of the same.
The activities outlined above demonstrate how Lislimnaghan Parish continues to implement
its charitable purposes (i.e. the advancement of religion) and meets the Public Benefit
requirement. Benefits to members of the public include contributing to spiritual well-being
of participants and the reinforcement of Christian values.
Lislimnaghan Parish has mitigated any potentlal harm from the activities through the
implementation of the Church of Ireland Safeguardlng Trust Policy.

Lislimnaghan Parlsh Church
Trustees, Annual Report for the year ended 31 December 2023 (continued)
COVID-19
With restrictions now lifted, the church and its organisations have returned to normal with
some previou5 voluntary mitigation now being integrated into the daily running of the
church going fonNard. Facebook has continued to be the medium to share the gospel and
the telephone a lifeline to those who are isolating, in poor health or still wary of the
continued risks of Covid-19 and other illne55e5. We believe these practises are crucial for
parishioners who remain wary about attending church.
Financial Review
The Parish is a charitable organisation with their main source of income deriving from
members freewill offerings. The results for the year show a surplus of £6,253 [2022: deficit
of £8,433.
The Trustees continue to monitor the level of reserves held by the Parlsh and are actively
taking steps to increase the reserves in order to meet any unforeseen expendlture incurred.
Golng 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 activltles and the financial
statements for the year end 31 December 2023 can be signed as a going concern.
Structure, Governance and Management
Governln
Document and Constitution o
the Chari
Chapter 111 of the Constitution of the Church of Ireland governs Parishes and Parochial
Organisations. The Select Vestry members are the Charity Trustees.
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 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 15 elected as part of the 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.

Lislimnaghan Parish Church
Trustees, Annual Report for the year ended 31 December 2023 (continued)
Structure, Governance and Management (continued)
Or
anisational Structure
The Select Vestry is responsible for the day to day management of the Parish. The Select
Vestry consists of the clergy serving in the parish, the churchwardens, 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 parish including deciding
how parish funds are to be applied.
The Select Vestry meets at times fixed by the members. Special meetings may be convened
at any time by the chairperson or the churchwardens. In 2023 the Select Vestry met 6 times
during the year and the average attendance was 75%.
Com
lionce with Public Bene
The 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 benef its.
Statement of Trustees. Responsibilities
The Trustees are responsible for preparing the Trustees, Annual 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 a 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.
This report was approved by the Trustees on....r¢¥ts (Jp.Ci........... 2024 and signed on its
behalf by:
Canon Derek Quinn
Mrs Sharon McFarland
2024

Lislimnaghan Parish Church
Independent Examlnerfs Report to the Trustees of Lislimnaghan Parish Church for
the year ended 31 December 2023
I report on the accounts of Lislimnaghan Parish Church for the year ended 31 December
2023, which comprise the Statement of Receipts and Payments, Statement of Assets and
Liabilities, and the related notes.
Respertive Responsibilities of Trustee5 and Examiner
The ChariWs Trustees are responsible for the preparation of the accounts in accordance
with Section 64(3) of the Charities Act {Northern Ireland) 2008. The Charity's Trustees
consider that an audit is not required for this year under section 65(2) of the Charities Act
(Northern Ireland) 2008. (the Charities Att) and that an independent examination is needed.
It is my responsibility to:
examine the accounts under settion 65 of the Charities Act {Northern Ireland) 2008:
to follow the procedures laid down in the general direttions given by the Charity
Commi55ion for Northern Ireland under section 65{9)(b) of the Charities Act. and
to state whether particular matters have come to my attention.
Basis of Independent Examlnerfs Report
My examination was carried out in accordance with the general dlrectlons glven by the
Charity Commission for Northern Ireland. An examination includes a review of the
accounting records kept by the charity and a comparison of the accounts presented with
those records. It also includes consideration of any unusual items or disclosures in the
accounts, and seeking explanations from you as Trustees concerning any such matters. The
procedures undertaken do not provide all the evidence that would be requlred in an audit
and consequently no opinion is given as to whether the accounts present a 'true and fair
view and the report is limited to those matters set out in the next statement.
Independent Examlnerfs Statement
In connection with my examination, no matter has come to my attention:
l) which gives me reasonable cause to believe that in any material respect the
requirements:
to keep accounting records in accordance with Section 63 of the Charities Act and
to prepare accounts which accord with the accounting records and comply with the
accounting requirements of the Charities Act 2008 have not been met; and
2) to which, in my 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 professional qualification: 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 2023
Unrestricted
Restricted
Endowment
funds
funds
funds
Total
2023
Total
2022
Receipts
Donations and plate collection
Proceeds from fund raising events
Bank and deposit interest
Grants Received
Rental of land
Charitable collections
Other receipts
Receipt5 from Parish Organisation's
Total Receipts
46,483
7,202
719
3,585
50.068
7,202
719
50,200
1,150
130
1,595
931
864
864
671
671
761
713
85
597
135
56,000
597
135
60,256
4,256
55,565
Payments
Diocesan costs / assessment
Church running costs
Parish centre costs
Administration costs
Charitable donations
Payments from Parish Qrganisation's
General expenses
Capital expenditure
Totsl Payments
Excess of Receipts over Payments for
the year before Transfers
Transfers
Excess of Receipts over Payments for
the year after Transfers
Reconciliation of Funds
29,375
7,106
6,371
1,625
150
359
29,375
7,106
6,371
1,625
821
359
27,562
10,754
10,904
2,022
1,650
671
1,807
1,807
6,539
54,003
846
10,260
63,998
6,539
7,210
46,793
9,207
{2,954)
6,253
(8,433)
9,207
12,954)
6,253
(8,433)
Total funds brought forward
Gain on investments
Total Funds Carried FOn￿ard
61.465
3,920
65.385
73,818
70,672
966
71,638
65,385
On behalf of the Trustees
fvo[tY￿ GJdwJL
Canon Derek Quinn
Mrs Florence Caldwell

Lislimnaghan Parish Church
Staternent of Assets and Liabilities as at 31 December 2023
Unrestricted
funds
Restrirted Endowment
funds
Funds
Total
2023
Total
2022
Cash Funds
Current Accounts
11,204
59,468
70,672
966
12,170
59,468
71,638
6,721
58,664
65,385
Deposit Accounts
Total Cash Funds
966
Investment Assets
Investments in RC8 / CIT Unit Trusts
Total Investment Assets
15,253
15,253
15,506
15,506
Assets retained for the
Parish's own use
Parish Hall and Facilities
Land
433,181
47,500
480,681
426,642
47,500
474,142
Total Assets retained for the
Parish's own use
Approved by the Trustees on .
2024 and signed on their behalf by:
&ld kSCAL
Canon Derek Quinn
Mrs Florence Caldwell
2024

Lislimnaghan Parish Church
Notes to the Financial Statements for the year ended 31 December 2023
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.
Receipts and Payment5 Account
All items of income and expenditure included within the Receipts and Payments
Account have been accounted for on a cash receipt basis.
Statement of Assets and Liabilities
Assets retainedfvr the Parish's own use
The assets of the. Parish, retained for its own use comprise of Land, Church Building
and Graveyard, Parish Hall and Facilities.
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 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 Parish Hall and Facilities are recognised at cost of construction. No depreciation
has been provided on these as the current estimated residual value is not less than
its carrying value and the remaining useful life currently exceeds 50 years.
Investments
Investments in RCB/CIT Unit Trusts are initially recorded at cost and then are
subsequently stated at fair value at each year end date.
Fund Accounting
Fund5 are classified as elther restricted funds or unrestricted funds, which are
defined as follows:
Restrirtedfvnds
Restricted funds are funds subject to specific requirements a5 to their use which may
be declared by the donor or with their authority or created through legal processes,
but still within the wider objettives of the Parish.
Unrestrictedfunds
Unrestricted funds are expendable at the discretion of the Trustee5 in furtherance of
the objettives of the charity. If parts of the unrestricted funds are earmarked at the
discretion of the Trustees for a particular purpose, they are designated a5 a separate
fund. The designation has an administrative purpose only and does not legally
restrict the Trustees discretion to apply the funds.

Lislimnaghan Parish Church
Notes to the Financial Statements for the year ended 31 December 2023
(continued)
Accounting policies (continued)
Preparation of Accounts on a Going Concern Basis
The Parish generally meets its day to day working capital requirements from its
annual income. The Trustees are satisfied that the Parish ha5 resources to provide a
reasonable expectation 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.
Reconciliatlon of Cash Funds
Total
Total cash funds at beginning of the year
Receipts for the year
Payments for the year
Total cash funds at end of the year
65.385
60,256
(54,003)
71,638

io
Lislimnaghan Parish Church
Notes to the Flnanclal Statements for the year ended 31 December 2023
(continued)
Movement In Funds
At31
December
2023
January
2023
Incoming Outgoing
Resources Resources
Transfers
Restrlcted funds
Church restoration fund
Charitable donations
Other
3,920
3,585
671
{6,539)
(671)
966
Total restricted funds
3,920
4,256
(7,210)
966
Unrestricted funds
General funds
Total unrestricted funds
61,465
61,465
56,001
56,001
(46,794)
(46,794)
70,672
70,672
Endowment funds
Investments in RCB/CIT Unit Trusts
Total Endowment funds
Total funds
65,385
60,257
(54,004)
71,638
Pur
ose of Restricted Funds
Church Restoration Fund: This is a fund to assist with significant repairs work due to be
carried out on the church building.

Lislimnaghan Parish Church
Notes to the Financial Statements for the year ended 31 December 2023
(continued)
Collections for Thlrd Parties
2023
2022
Bishops, Appeal
Earl Haig
Ukraine Appeal
561
300
100
361
110
671
761
The above amounts have been included in the Statement of Receipts and Payments for the
year under charltable donations.
Transartlons wlth Trustees
Trustees received remuneratlon or relmbursement of expenses durlng the year to the sum of
£9 [2022: £589].
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.