Cappagh Parish Church Trustees, Annual report and Statement of Recelpts and Payments and Assets and Liabllitles For the year ended 31 December 2022 Charities Number: NIC104686
Cappagh Parish Church Annual report and financial Statements for the year ended 31 December 2022 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 8-10
Cappagh Parish Church References and administratlve details Charity Name.. Omaghl St Eugene's/Derry/Church of Ireland known as Cappagh Parish Church Charity Registration Number: NIC104686 Contact Addre55: Erganagh Rectory l Erganagh Road Omagh Co Tyrone BT79 75X Trustees Canon Derek Quinn Mrs Helen Baxter Mrs Marjorie Beattie Ms Donna Howard Mrs Martie Lynch Mr David Beattie Mr Robin Johnston Mrvictor Mills Mrs Valerie Mcconnell Mr Gerald McFarland Mrs Lorraine Monaghan Mr Nool C. Moore Mrjames Smyth Mr Maurice Buchanan Prlnclpal Office-bearers Rector.. Canon Derek Quinn Church Treasurer.. Mrs Martie Lynch Church Warden- Rector: Mr Robin Johnston Church Warden - People: Mr Maurice Buchanan Independent Examlner Mr Robert Mccutcheon 8 Cappagh Villas Omagh Co Tyrone BT79 7XU Bankers Ulster Bank 14 High Street Omagh Co Tyrone BT78 IBJ Progressive Building Society 40 High Street Omagh Co Tyrone BT78 IBP
Cappagh Parish Church Trustees, Annual Reportfor the year ended 31 December 2022 The trustees present the annual report and Statements of Receipts and Payments and A55ets and Liabilities for Cappagh Parish Church for the year ended 31 December 2022. Objectlves and Actlvities The charitable purpose of the Church of Ireland is the advancement of religion. The principal function of Cappagh Parish Church is to support the advancement of the Christian religion by promoting, through the work of Cappagh Parish Church the whole mission of the Church, pastoral, evangelistic, social and ecumenical. Being open to and engaging with society as a whole and offering 5UPPOrt for those needing help are fundamental to the practical delivery of the benefits of Christianitv. As a result of activity in the pursuit of the advancement of the Christian religion, Cappagh 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 Select Vestry of Cappagh Parish Church. Achievements, Performance & Public Benefit Unfortunately the Covid-19 Pandemic has severely disrupted all aspects of Church life. During the period of closure we restored to the use of technology to maintain a level of fellowship. With restrictions relaxed, Church services have now resumed with social distancing and other protocols in place. In normal times, the Church achieves its objective5 by the holding of regular religious services and also holding various events and activities for the benefit of the local community. The main function of the Parish is to provide opportunities for parishioners and other members of the community to worship God, Sunday by Sunday. To this end, the Parish provides a regular Sunday morning worship service each Sunday at 11.30am. This enables members of the community to partake in the sacrament of Holy Communion which is celebrated on the first Sunday of each month, and to be taught from the Bible every Sunday. As part of the Church's pastoral care to each church family, Sunday School is held each Sunday during School terms. The Trustees have a child protection policy in place under the control of a Safeguarding Trust Committee. Outside of the worship services, Pastoral care 15 provided by the Rector, assisted by the parishitsners. This includes home visits, hospital visits, counseling where needed, and a listening ear where someone just needs to talk. Parishioners and others are regularly remembered in prayer. Pastoral care is provided at times of diffitulty e.g. bereavement and at times of celebration e.g. a marriage or baptism. On occasions, the Parish provides a free lunch for seniors and those who are prevented from attending Church due to illness or advancing age. The Church also organises annual fundraising events, which includes Spring craft fair, Annual coffee evening, November sale and the annual pantomime performed by Cappagh and Lislimnaghan Pantomime Society. All of these events are open to everyone in the local community. The Church Hall is provided for use by other community groups such as Cappagh bowling club, Cappagh and Lislimnaghan Pantomime Society and Mothers, Union. The Parish has given careful consideration to the Charity Commission for Northern Ireland's guidance on public benef it 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 benefit.
Cappagh Parlsh Church Tru5tee5' Annual Report for the year ended 31 December 2022 Icontlnuedl Financial Review The Parish had an excess of receipts over payments of £20,947 for the year ended 31 December 2022. The Parish continues to be in a healthy financial state as at 31 December 2022 with total cash funds of £236,723. The trustee5 consider that the unrestricted funds of the church have sufficient resources and assets available which are adequate to fulfil their obligations. A detailed analysis of parish income and expenditure is set out in the note5 to the financial statements. 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 financi81 statements for the year ended 31 December 2022 can be signed off as a going concern. Structure, Governance and Management Governing Document und Constitutlon of the Charity Chapter 111 of the Constitution of the Church of Ireland governs Parishe5 and Parochial Organisation. The Select Vestry members are the Charity Trustees. Recruitment and Appolntment of Select Vestry 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 p051tions 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. Pay and remuneration The Incumbent of the Parish stipend is paid directly by the Diocese, which is in accordance with figures approved by the General Synod of the Church of Ireland together with approved office and locomotory allowances. No other Charity Trustees receive a remuneration from Cappagh Parish Church. Organlsational Stru¢ture The Select Vestry 15 responsible for the day to day management of the parish. The Select Vestry consists of the member 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 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. Normally the Select Vestry meets 10 times duririg the year and the average attendanee is approximately 90%.
Cappagh Parish Church Tyustees, Annual Report for the year ended 31 December 2022 (continued} Complian¢e wlth Public Benefit 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 benefit. Statement of Trustees, Responsibilities The tru5tee5 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 £2SO,000 requires the trustees to prepare a statement of receipts and payments and a statement of assets and liabilities for each financial year. Statement of Trustee5' Responsibilities 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 as5et5 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 Canon Derek Quinn Dated.. A[cuLtL 4 6LJrf Mrs Martle Lynch Dated:
Cappagh Parlsh Church Independent Examlners Report to the Trustees of Cappagh Parish Church I report on the Statement of Receipts and Payments and Assets and Liabilitie5 of Cappagh Parish Church for the year ended 31 December 2022, which are set out on pages I to 10. Respective responsibilities of Trustees and Examiner As the charity's trustees, you are responsible for the preparation of the accounts. The charity'5 trustees consider that an audit is not required for this year under section 65121 of the Charities Act (Northern Irelandl 2008 (the Charities Act) and that an independent examination is needed. The charity is preparing receipts and payments accounts and l am qualified to undertake the examination. It is my responsibility to,. examine the accounts follow the procedures laid down in the General Directions given by the Charity Commission for Northern Ireland state whether particular matters have come to my attention My examination was carried out in accordance with the General Directions given by the Charity Commission for Northern Ireland. An examination includes a review of the accounting records held 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 account5 and seeking explanations from you as trustees concerning 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 view and the report is limited to those matters set out below. Independent examiner'5 Statement In connection with my examination, no matter has come to my attention= I which gives me reasonable cause to believe that in any material respect the requirements.. to keep accounting records in accordance with charity legislation in Northern Ireland. to prepare accounts which accord with the accounting records and comply with the accounting requirements of charity legislation in Northern Ireland. 2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed Dated Mr Robert Mccutcheon IACAI 8 Cappagh Villas Omagh Co Tyrone BT79 7XU
Cappagh Parish Church Receipts and Payments Account for the year ended 31 December 2022 Unrestrlcted Funds 2022 Restricted Funds 2022 Endowment Funds 2022 Total 2022 Total 2021 Note Recel ts Plate collections Recorded giving Gift Aid Investment income Bequests Donations Reimbursement of expenses from Lislimnaghan Parish Church Use of church hall Rent for Church Cottage Conacre NIE Poles Graveyard fees Fundraising Mothers Union Total Re¢el ts 3,560 51,308 7,900 442 3,560 51,308 7,900 698 3,302 2,325 3,046 3,082 47,731 7,611 453 256 3,302 3.666 650 2,742 2,325 3,046 797 2,860 3,450 72 3,700 1,372 797 2,860 3,450 72 3,700 1,372 871 2,915 3,050 65 3,100 80,832 256 3,302 84,390 75,936 Pa ment5 Diocesan costs/assessment Church running costs Rates and Insurance Church hall costs Rectory running costs Graveyard expenses Church repairs Charitable donations Administration costs Sunday school expenses Bank fees Cappagh Bowling Club Mothers Union Total Pa ments 41,343 3,010 3,962 287 6,289 3,063 1,747 2,390 636 433 283 41,343 3,010 3,962 287 6,289 3,063 1,747 2,390 636 433 283 40,140 2,691 3,841 317 6,504 2,350 8,605 1,063 712 138 250 63,443 63,443 66,611 Excess of Receipts over Payments for the year before transfers 17,389 256 3,302 20,947 9,325 Transfers 19471 4,249 13,3021 Exce55 of Receipt5 over Payments for the year 16,442 4,505 20,947 9,325 On Behalf of the Trustees J. A Canon Derek Qulnn Dated: LJ Mrs Martie Lynch Dated: d ac)1
Cappagh Parish Church Statement of Assets and Llabilities as at 31 December 2022 Unrestricted Funds 2022 Restricted Funds 2022 Endowment Funds 2022 Total 2022 Total 2021 Cash Funds Current Accounts Deposit Account5 Total Cash Funds 158,315 32,472 190,787 22,277 23,659 45,936 180,592 56,131 236,723 163,838 51,938 215,776 Investment Assets Equity Investments Other Listed Investments Investments in RCB / CIT Unit Tru5t5 Other unlisted investments Investment Properties Total Investment Assets 184,582 184,582 198,884 184,582 184,582 198,884 Assets retained for the Parlsh's own use Church and graveyard Church hall Rectory Ergana8h land Ballykeel land Total Assets retained for the Parish's own use 1,496,660 274,290 421,498 120,000 65,000 2,377,448 1,496,660 274,290 421,498 120,000 65,000 2,377,448 1,496,660 274,290 421,498 120,000 65,000 2,377,448 On Behalf of the Trustees Canon Derek Quinn Mrs Martie Lynch Dated:. 2¥ 0>4.. a 23 Dated:_ gJ¢ad
Cappagh Parlsh Church Notes to the f inanclal statements for the year ended 31 December 2022 Accounting poli¢les 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 lal 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 basi5. Ibl Statement of Assets and Liabilities li) A55et5 retalnedfor the Parish's own use The Parish owns the following premises and the associated fixtures, fittings, plant and machinery which have insurance values as follows.. Church and graveyard Church hall Rectory Farmland Cappagh Road, Omagh, Co Tyrone, BT79 7JG. Church Hall, Erganagh Road, Omagh, Co Tyrone, BT79 7SX Erganagh Rectory, l Erganagh Road, Omagh, Co Tyrone. BT79 7SX Townlands of Erganagh and Ballykeel 1,496,660 274,290 421,498 185,000 2,337,447 Farmland consists of approx. 27 acres of land in the townland of Erganagh and approx. 12 acre5 of land in the townland of Ballykeel. The Trustees estimate a market value of £185,000 for these lands. ill Investments Fixed a55et investments comprising investment in RCB/CIT Unit Trusts are initially recorded at cost and are then subsequently stated at fair value at each year end date.
Cappagh Parish Church Notes to the flnancial statements for the year ended 31 December 2022 {contlnuedl Reconcillatlon of Cash Funds Total Cash Funds at Beginning of the year Receipts for the Year Payments for the Year Total Cash Funds at end of the year 215,776 84,390 163,4431 236,723 3. Moveinent in Funds IEIEI Movement in fund value Atljan 2022 Incoming Resources Outgoing Resources At 31 Dec 2022 Transfer5 Endowment funds RCB/CIT Unit Trusts Restricted funds Mothers Union fund Cappagh Bowling club fund Bequest fund Building fund 1,274 1,404 19,599 1,274 1,404 19,599 256 12561 4,505 24 256 Unrestrlcted fund5 General Fund 47 Total funds Pur oses of Endowment Funds Income from RB General Unit Trust is to be used for the upkeep of the church and parochial purposes Pur oses of Restricted Fund5 Mothers Union and Cappagh bowlin8 club fund5 comprise of monies received for use by these groups. Bequest funds are funds invested and can only be used for a specific purpose as stated at time of donation. Building funds comprise of monies available for repair work to church premises. Pur Oses of Unrestricted Fund5 General funds are funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the church and which have not been designated for other purposes.
Cappagh Parlsh Church Notes to the financial statements for the year ended 31 December 2022 Icontlnuedl Collections for Third Partles 2022 2021 Bishops, Appeal RBL Poppy Appeal 1,500 90 375 1,590 375 The above amounts have been included in Receipts for the Year under Plate collections and in Payment5 for the year under Charitable donations. 5. Transactions with the Trustees The parish paid expenses of £6,289 relating to the running cost5 of the rectory which is occLJpied by the rector. Lislimnaghan Parish has been invoiced for their share of these expenses which is shown under receipts for the year. No trustee received any remuneration or reimbursement of expenses during the year. The parish received conacre income of £2,400 from land let to Trustees in the year. This is included in conacre income in the receipts and payments account. 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. 6. Governance C05tS There were no governance costs incurred in the year. 10