Cappagh Parish Church Trustees, Annual report and Statement of Receipts and Payments and Assets and Liabilltles For the year ended 31 December 2023 Charities Number: NIC104686 Cappagh Parlsh Church Annual report and flnanclal statements for the year ended 31 December 2023 Contents Pages References and administrative details of the Charity Trustees, report Independent Examiners Report to the Trustees Recelpts and payments account Statement of assets and liabilities Notes to the financial statements 8-10 . Ish Church .ences and administrative details Charity Name: Omaghl St Eugene's/Derry/Church of Ireland known as Cappagh Parish Church Charity Registration Number: NIC104686 Contact Address.. Erganagh Rectory l Erganagh R03d Omagh Co Tyrone BT79 7SX Trustees Canon Derek Quinn Mrs Helen Baxter Mrs Marjorie Beattle Ms Donna Howard Mrs Martie Lynch Mr David Beattie Mr Robin Johnston Mrs Caroline Lipsett Mr Victor Mills Mr John Mcconnell Mrs Valerie Mcconnell Mr Gerald McFarland Mr Walter Mccrea Mrs Lorraine Monaghan Mr Noel C. Moore Mr James Smyth Mr Maurice Buchanan Prlnclpal Offlce-bearers Rector.. Canon Derek Quinn Church Treasurer: Mrs Martie Lynch Church Warden- Rector.. Mrs Helen Baxter 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 Parlsh Church Trustees, Annual Report for the year ended 31 December 2023 The trustees present the annual report and statements of Receipts and Payments and Assets and Liabilities for Cappa8h Parish Church for the year ended 31 December 2023. Objectlves and Activltles 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 rellgion by promoting, through the work of Cappagh Parish Church the whole mi5slon 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 dellvery of the benefits of Christianity. As a result of activity in the pursuit of the advancement of the Christlan 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. Achlevements, Performance & Publlc Beneflt The Church achieves its objectives 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 parlshioners 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 worshlp services, Pastoral care is provided by the Rector, assisted by the parishioners. This includes home vislts, hospital vlsits. 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 difficulty e.8. bereavement and at times of celebration e.g. a marriage or baptism. On occasions, the Parlsh provide5 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 Sprlng craft fair, Annual coffee evening and November sale. 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 con51deration to the Charity Commission for Northern Ireland's guidance on public benefit to ensure that the actlvities entered into durlng the year have helped to achieve the Parish's objectives and activities, as well as providing public benefit. Cappagh Parlsh Church Trustees, Annual Report for the year ended 31 December 2023 (contlnued) Flnanclal Revlew The Parish had an excess of receipts over payments of £26,687 for the year ended 31 December 2023. The Parish continues to be in a healthy financial state as at 31 December 2023 with total cash funds of £267,304. The trustees 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 expendlture is set out in the notes 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 financial statements for the year ended 31 December 2023 can be signed off as a going concern. Structure, Governance and Management Governlng Document and Constitution of the Charlty Chapter 111 of the Constitution of the Church of Ireland governs Parishes and P3rochial 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 parlsh or live elsewhere but have been accustomed members of the congregatlon for at least three months, may reElSter 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 wlll hold thelr positions for a period of one year. Select Vestry members may be re-elected annually and there is no limit on the number ofterms whlch may be served. Pay and remuneratlon 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. Organisatlonal 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 parlsh, 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 chalred by the incumbent or other member of the clergy officiatlng in the parish. Select Vestry members are responsible for maklng 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 anv time by the chairperson or the churchwardens. Normally the Select Vestry meets 10 tlmes during the year and the average attendance is approximately 90Yo. Cappagh Parlsh Church Trustees, Annual Report for the year ended 31 December 2023 Icontlnued) Compllance wlth Public Beneflt The Parish has given careful conslderation to the Charity Commlssion for Northern Ireland's guidance on public benefit to ensure that the activities entered into during the year have helped to achleve the Parish's objectives and activltles, as well as providing public benefit. Statement of Trustees, Responslblllties 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 regulatlons. The law applicable to charities in Northern Ireland with Income of less than £250,000 requires the trustees to prepare statement of receipts and payments and a statement of assets and liabilities for each financial year. Statement of Tru5tees' Responsibllltles The trustees are responsible for keeping accountin8 records that are sufficient to show and explain the Parish's transactions and disclose with reasonable accuracy at any time the assets and liabllltles of the Parish. They are also responsible for safeguardlng 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 Canon Derek Qulnn Dated: 17. 1g.I9L¢* ./{{.( i ( Mrs Martle Lynch Dated: 27. IJ. loilp. Cappagh Parlsh Church Independent Examlners Report to the Trustees of Cappagh Parlsh Church I report on the Statement of Receipts and Payments and Assets and Liabilities of Cappagh Parish Church for the year ended 31 December 2023, which are set out on pages I to 10. Respective responslbllltles of Trustees and Examiner As the charity's trustees, you are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for thls year under section 65121 of the Charities Act (Northern Ireland) 2008 Ithe Charities Act) and that an independent examination is needed. The charity is preparlng receipts and payments accounts and l am qualified to undertake the examination. It is my responsibllity 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 examlnation 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 accounts 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 oplnion is given as to whether the accounts present a true and fair view and the report is limited to those m3tters set out below. Independent examlner's statement In connection wlth 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 oplnion, 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 Parlsh Church Recelpts and Payments Account for the year ended 31 December 2023 Unrestricted Funds 2023 Restrlcted Funds 2023 Endowment Funds 2023 Total 2023 Total 2022 Note Recei 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 Fundralsing Mothers Union Total Recel ts 4,695 50,242 8,898 2,159 4,695 50,242 8,898 3,023 3,380 io,ioo 3,068 3,560 51,308 7,900 698 3,302 2,325 3,046 864 3,380 io,ioo 3,068 447 2,860 2,900 79 2,900 3,971 447 2,860 2,900 79 2,900 3,971 797 2,860 3,450 72 3,700 1,372 92,319 864 3,380 96,563 84,390 Pa ments Diocesan costs/assessment Church running costs Rates and Insurance Church hall costs Rectory runnlng costs Graveyard expenses Church repairs Charitable donations Administration costs Sunday school expenses Bank fees Fundralsing Expenses Mothers Union Total Pa ments 44,062 3,053 4,388 299 6,778 2,550 148 2,767 684 468 319 466 44,062 3,053 4,388 299 6,778 2,550 148 2,767 684 468 319 466 41,343 3,010 3,962 287 6,289 3,063 1,747 2,390 636 433 283 65,982 65,982 63,443 Excess of Receipts over Payments for the year before transfers 26,337 864 3,380 30,581 20.947 Transfers 350 3,030 13,3801 Excess of Recelpts over Payments for the year 26,687 3,894 30,581 20,947 On Behalf of the Trustees L.Li rt¥ ( Canon Derek Quinn Dated: 27. 1 ? .wsL¢+ Mrs Martle Lynch Dated: Cappagh Parlsh Church Statement of Assets and Llabllitles as at 31 December 2023 Unrestricted Funds 2023 Restricted Funds 2023 Endowment Funds 2023 Total 2023 Total 2022 Cash Funds Current Accounts Deposlt Accounts Total Cash Funds 177,211 40,263 217,474 27,553 22,277 49,830 204,764 62,540 267,304 180,592 56,131 236,723 Investment Assets Equlty Investments Other Llsted Investments Investments in RCB / CIT Unit Trusts Other unlisted investments Investment Propertles Total Investment Assets 190,392 190,392 184,582 190,392 190,392 184,582 Assets retained for the Parlsh's own use Church and graveyard Church hall Rectory Erganagh land Ballykeel land Total Assets retalned 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 4TL