Lislimnaghan Parish Church Trustees, Annual Report and Statement of Receipts and Payments and Assets and Liabilities For the year ended 31 December 2025 Registered Charlty in Northern Ireland INIC104678]
Lislimnaghan Parish Church Annual Report and Flnancial Statement5 for the year ended 31 December 2025 Page References and Administrative details of the Charity Trustees, Annual Report Independent Examinerfs Report to the Trustees Statement of Receipts and Payments Statement of Assets and Liabilities Notes to the Financial Statements 8-11
Lislimnaghan Parish Church References and Administratlve details Charity Name: Li51imnaghan Parish Church Charity Registration Number: NIC104678 Registered Office: The Rectory, l Erganagh Road, Omagh, County Tyrone, BT79 7SX Trustees The Charity Trustees who Served during the year or who were Trustees at the date of this report were- Canon D Quinn Mrs F Caldwell Mrscshort Mr l Managh Mrs J O'Donnell Mr G McFarland Mrs L Graham Mr5 G Armstrong Mr R Armstrong Mrs J Smyth Mr H Doherty Mr M Barclay Mrs 5 McFarland Mrs l Heaney Mr N Caldwell Mrs D Stafford Mrs D Bryden Prlncipal Office-bearers Clergv.. Church Treasurer: Church Wardèn- Clergy: Church Warden- People: Canon D Quinn Mr5 F Caldwell Mrs D Bryden Mrs LGraham Independent Examiner Nial Colhoun (for Watson & Colhounl Unit B15 Omagh Enterprise Centre, Great Northern Road, Oma8h, County Tyrone. BT78 SLU Bankers Ulster Bank 14 High Street. Omagh, County Tyrone, 8T78 IBJ
Lislimnaghan Parish Church Trustees. Annual Report for the year ended 31 December 2025 The Trustees present their Annual Report and Statements of Receipts and Payments and Assets and Liabilities for Lislimnaghan Parlsh Church for the year ended 31 December 2025. Objectives and Activities The charitable purpose of the Church of Ireland is the advancement of religion. The principal function of LislimnaEhan Parish Church Is to support the advancement of the Christian religion by promotin& through the work of the Parish, the whole mlssion 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 3 result of activity in the pursuit of the advanmeTht of the Christian religion, Lislimnaghan Parish Church has Custody of property and of record5, materials and artefacls of signlficance to the cultural and religious heritage and maintenance of which is under(aken by the Select Vestry of Lislimnaghan Parish Church. Achievements. Performance and Public Benefits Lislimnaghan Parish has weekly services on Sunday morning comprising of a mix of Holy Communion. Family Service, Bapt15m and Morning Prayer together with various other special services during the year e.g. Lenten, Harvest Thanksgiving and Christmas. There are Thursday morning services with refreshments in the week before Christmas and Holy Week. Pastoral care is provided for parishioners and those in the wider community. A range of other activities are provided by Lislimnaghan Parish either by the church directly or through church organi5ations e.g. Sunday School, Prayer and Bible Study, Motherfs Union, Old Tlme Dancing, Concerts. and Soclal Events. There is inter-church co-operation within the locèl community. Lislimnaghan Parish 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 global charities by either making donations or holding specÉal collections or events in respect of the same. The activities outlined above demonstrate how Llsllmnaghan Parish continues to implement its charitable purp05e5 li.e. the advancement of religion) and meets the Public Benefit requirement. Benefits to member5 of the public include contritrtjting to spiritual well-being of participants and the reinforcement of Christian values. Li51imnaghan Parish has mitigated any potential harm from the activities through the implementation of the Church of Ireland Safeguarding Trust Policy.
lislimnaghan Parish Church Trustee< Annual Report for the year ended 31 December 2025 Icontinuedl Financial Review The Parish is a charitable organlsatlon with their main source of income deriving from member5 freewill offerings. The results for the year show a surplus of £37,824 12024.. 5UTplus of £8,585]. The Tru5tee5 continue to monitor the level of SerVeS held by the Parish and are activelv taking steps to increase the reserves in order to meet any unforeseen expenditure incurred. 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 end 31 December 2025 can be signed as a going COnrn. Slructure, Governance and Management Governin Document ond Constitution o the Chori Chapter 111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organisations. The Select Vestry members are the Charity Trustees. Recruitment andA ointment o Select Ve5tr Trustees All members of the Church g* Ireland who are over the age of 18 and are elther 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 Selert Vestry. Meetings of the General Vestry are held at least once a year. The Select Vestry Is elerted as part of the General Vestry meeting. The Select Vestry will hold their positions for a period of one year. Select Vestry mernbers may be re-elected annually and there is no limit on the number of terms which may be seNed.
Lislimnaghan Parish Church Trustees, Annual Report for the year ended 31 Dernber 2025 Icontinuedl Structure, Governance and Management Icontinuedl Or unisationtil Structure The Select Vestry 15 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 membeis of the General Vestry elected at the General Vestry. The Select Vestry is chaired by the clergy. Selert Vestry members are responsible for making decision5 on matters of general concern and importance to the parish includlng deciding how parish funds are to be applied. The Select Vestry meets at times fiKed by the members. Special meetings may be convened at any time by the chairperson or the churchwardens. In 2025 the Select Vestry met 7 time5 during the year and the average attendance was 75%. Com liance with Ptlblic Bene The Parish has given careful consideration to the Charity Commission for Northern Ireland's guidance on publlc 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 benefits. Statement of Trustees, Responslbllltles The Trustee5 are responsible for preparing the Trustees, Annual Report and the Statement of Receipts and Payments and Statement of Assets and Liabilities in attordance 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 record5 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 detertion of fraud and other irregularities. This report was approved by the Trustees on... behalf by.. Iq. .fH....rfPA.Y....... 2026 and signed on $ Canon Derek Quinn Mrs Cherith Shortt .2026
Llslimnaghan Parish Church Independent Examlnerfs Report to the Trustees of Llslimnaghan Parish Church for the year ended 31 December 2025 I report on the accounts of Lislimnaghan Parish Church for the year ended 31 December 2025, which comprise the Statement of Receipts and Payments, Statement of Assets and Liabilities, and the related notes. Respertlve Responglbllltles of Trustees and Emaminer The Charitvs Trustees are responsible for the preparation of the accounts in accordance with Section 64131 of the Charitie5 Acl (Northern Ireland) 2008. The Charity's Trustees consider that an audit is not required for this year under section 65121 of the Charities Act (Northern Irelandl 2(X)8 (the Charities Act) and that an independent examination 15 needed. It Is my responsibility to: examine the actounts under section 65 of the Charities Act (Northerri Ireland) 2008,. to follow the procedures laid down in the general directions given by the Charity Commission for Northern Ireland under section 6519llbl of the Charlties Act- and to state whether particular matters have come to my attention. BH5is of Indepèndent Examinerfs Report My examination was carried out in accordance wlth the general directions given 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 iterns 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 required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair vies¢ and the report is limited to those matters set out in the next statement. Independent Examinerfs Statement In connection with my examination. no matter has come to my attention: 11 which gives me reasonable cause to believe that in any material respett 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 21 to which. in my opinion, attention should be drawn in order to enable a proper understanding of the account5 to be reathed. Name.. Nial Colhoun (for Watson & Colhounl Relevant professional qualification: FCA Address: Unit B15 Omagh Enterprise Centre, Great Northern Road, Omagh, County Tyrone, BT78 SLU Date: ZA /1 1026
Li51imnaghan Parish Church ststement of Receipts and Payments for the ye?rended 31 December 2025 Unrestrirted Restritted Endowment funds fund5 funds Total 2025 Total 2024 Receipts Donations and plate collectio Proceeds from fund raising events Bank and deposit interest Sale of capital expenditure Rental of land Charitable collection5 Other receipts Receipts from Parish Organisation's Total Recelpts 55,497 17,468 777 4,665 16,000 60,162 33,468 777 51,358 9,445 897 2,450 931 931 931 1,119 102 1,119 120 99 290 102 345 345 75,120 21,784 96.904 65,590 Payments Diocesan costs l assessment Church running costs Parish centre costs Administration cost5 Charitable donations Payments from Parish Organisation's General expenses Capital expenditure Repayment of capital expenditure loan Total Payrnents Excess of Receipts over Payments for the year before Transfers Transfers Excess of Receipts over Payments for the year after Transfers Reconciliation of Funds 30,424 14,785 9,190 1,856 871 140 695 30.424 14,785 9.190 1,856 1,990 140 695 29,827 10,770 6,964 1.607 4,905 177 305 1,119 2,450 57,005 57,961 1,119 59.080 17.159 20,665 37,824 8.585 17,IS9 20.665 37.824 8,585 Total funds brought forward Gain on investments Total Funds Carried Forward 75,362 4,861 80.223 71,638 92,521 25,526 118.047 80,223 On behalf of the Trustees Canon Derek Quinn Mrs Florence Caldwell 026
Llslimnaghan Parish Church Statement of A55et5 and Liabilities as at 31 December 2025 Unrestrl¢led funds Restricted Endowment funds Funds Total 2025 Total 2024 Cash Funds Current Accounts Deposit Accounts Total Cash Funds 12,434 80,087 92,521 25,526 37,960 80,087 118.047 14,949 65.274 80,223 25,526 Investment Assets Investments in RCB / CIT Unit Trusts Total Investment Assets 17,235 17,235 16.246 16,246 Assets retained for the Parish's own use Parish Hall and Facilitles Land 430,731 47.500 478,231 430,731 47,500 478,231 Total Assets retained for the Parish's own use Approved by the Trustees on ........... 2026 and signed on their behalf by.. Canon Derek Quinn Mrs Florence Caldwell ..2026
Lislimnaghan Parish Church Notes to the Flnancial Statements for the year ended 31 December 2025 Accounting policies Set out below are the principal accountlng policies which have been adopted in the compilation of the Receipts and Payments Account and the Statement of Assets and Receipts and Payments Account All items of income and expendlture Intluded within the Receipts and Payments Account have been accounted for on a cash receipt basis. Statement of Assets and Liabilities Assets retainedAor the Porish's own use The a55ets of the Parish, retaSned for Sts own use comprise of Land, Church Building and Graveyard, Parish Hall and Facilitie5. The Church Building and Graveyard are deemed to be heritage assets a5 defined by the Charities SORP IFRS1021- These heritage assets are not included in the Statement of Assets and Liabilities a5 information on the cost or valuation is rhot available and Such information cannot be obtained at a cost commensuiate with the benefit to the users of the accounts and to the Parish. The Parish Hall and Facilitie5 are recognised at C05t of construction. No depreciation has been provided on these as the current estimated residual value 15 not less than it5 carrying value and the remaining useful lrfe currently exceeds 50 years. Investments Investment5 in RCB/CIT Unit Trusts are initially recorded at tost and then are subsequently stated at fair value at each year end date. Fund Accounting Funds are classrfled as eother restrlcted funds or unrestrirted funds, which are defined as follow5.' Re5trirtedfvnds Restrlcted funds are funds subject to specific requirements as to their use which may be declared by the donor or with their authority or created through legal processes, but Still within the wider objectives of the Parish. Unrestri¢tedlund5 Unrestritted fund5 are expendable at the discretion of the Trustees in furtherance of the objectives of the chartty. If part5 of the unrestricted fund5 are earmarked at the discretion of the Trustee5 for a particular purpose. they are designated as 3 separate fund. The designation has an administrative purpose only does not legallv restrict the Trustees dlscretlon to apply the funds.