Termoneeny Parish Church of Ireland Trustees, Annual Report and Statement of Receipts and Payments, Including Assets and Llabilities For the year ended 31st December 2023 Charities Number: NIC 104697
Termoneeny Parish (Church of Ireland) Annual report and financlal statements for the year ended 31st December 2023 Contents Pages References and administrative details of the Charity Trustees, report Independent Examiners Report to the Trustees Receipts and payments account 9-12 Statement of asset5 and liabilities 13-14 Notes to the financial statements 15
Termoneeny Parish (Church of Ireland) References and administrative details Charity Name: Termoneeny Parish {Church of Ireland} Charity Registration Number: NIC 104697 Contact Addre55: 25 Dromore Road, Desertmartin, Ma8herafelt, BT45 5JZ Trustees Mr Rob Moore Dr Mark Hawe Mr Reece Klewchuk Mr Harold Leacock Mr Gilbert Lennox (Treasurer) Mr Alan Arrell Mrs Ann Kelso Mr Keith Morrow Mr Kennedy Smyth Mr Trevor Hamilton Mr Wilson Morrow Mr Stanley Leacock (Secretary} Rev Philip Benson (Chairperson) Prlncipal Office-bearers Cler8y/Chairperson: Rev Philip Benson Treasurer: Mr Robert Lennox Rector's Church Warden: Mr Robert Lennox People's Church Warden: Mr Eddie Kerr Independent Examiner Mr Corneliu5 Logue MAAT Aaaress: Tromaiy, quigiey"5 poini, co Donegal F93 X3A2 Telephone: 07543 047 942 Bankers Danske Bank, Branch Business, P.0. Box 182, Donegal Square West, Belfast, BTI 6JS
Trustees, Annual Report for the year ended 31- December 2023 The trustees present the annual report and statements of Receipts and Payments. including Assets and Liabilities for Termoneeny Parish (Church of Ireland) for the year ended 31st December 2023. Objectives and Activities The charitable purpose of the Church of Ireland is the advancement of religion. The principal funttion of Termoneeny Parish is to support the advancement of the Christian religion by promotin& through its work, the whole pastoral, evangelistic, social, and ecumenical mission of the Church. Being open to and engaging with society as a whole and offering support for those needing help are fundamental to the practical delivery of Christianity's benefits. As a result of its activity in advancing the Christian reli8ion, Termoneeny Parish has custody of property and records, materials, and artefacts of Significance to the cultural and religious heritage. The select vestry of Termoneeny Parish maintains these. Achlevements. Performance & Publlc Benefrt Worshi and Pra er Termoneeny Parish Church is under the incumbency of the Reverend Philip Benson and is part of a larger group that includes Desertmartin Parish {Knockloughrim). The parish offers a wide range of weekly public acts of worship, including Morning Prayer and the celebration of Holy Communion. Our worship is conducted in accordance with the Church of Ireland's Book of Common Prayer, and we also join with our sister parish for the bi-annual "Confirmation" of faith service, led by the diocesan Bishop. We also provide for baptisms, weddings, funerals. and ongoing pastoral care. Special 5epiices throughout the year include Christmas Carol Seniices, Lent/Holy Week Services and Advent Services, which all provide intimate and reflective environments for worship. All are welcome to attend our worship services. In additlon to our regular services, some parish members cannot attend church due to sickness or age. Rev Benson regularly visited such parishioners to celebrate Holy Communion with them, offering pastoral care and practical support to them either in their homes or in hospital/nursing care homes. We have also introduced live streamin& allowing those unable to attend our service5 in person to participate from home. Thi5 15 particularly important for those who are housebound or are unwell. pr••¥n•i •h¥r¥ ur¥ Ta fomll•*D ovnolotlns of ioi indlYlduolJi Thc o¥crosc Yycrkly ¢011i131iirU LIIUWLII attendance was 70. which increased at special festivals. We celebrated no baptisms or weddings and held two funerals in our parish this year. In addition, the parish has hosted religious services in association with local community groups such as the Loyal and Masonic orders. including the Orange Order and the Royal Black Preceptory. Rev Philip is also a member of the Board of Governors for Knockloughrim and Magherafelt Primary Schools and is part of a rota for leading morning assemblies.
Additionally, in association with "Mid Ulster Clergy Together." an ecumenical group representing a diverse range of Christian denominations Within the Mid Ulster council area, we have participated in community-wide acts of worship and supported the Magherafelt Food Bank Christmas appeal. Termoneeny Parish has engaged in "Safe Church- trainin8 and is a reglstered Safe Place" to support those in our community suffering from domestic violence. Sunda School & Mess Church Our parish has a well-established Sunday School, open to all children of preschool/primary school age. We also hold regular Messy Church-style events throughout the year. which are open to the wider community and well attended. Children and young people are an essential part of our parish. Rev Benson has a regular children's address during our worship services, and children from the Sunday School participate in our monthly family services. Other Parish Activities Other parochial groups include our Bible Study. Ladies Group, Indoor Bowling Club, and Craft and Chatter Group. These groups draw membership from our parishioners and the wider local community. We also hold several events over the year, including a children's Easter Egg Hunt, an open-air service, and a Picnic and Parish Dinner. Over the year, we have continued to develop our Parish News magazine, which is distributed to our parishioners and freely available at the back of the churches. The magazine keeps our parishioners informed of important matters affecting our parish and includes article5 that help develop our knowledge and faith in Jesus. Mission and Evan elism The church supports mission partners and other local charities, such as Crosslinks, Bishops, Appeal, Tearfund, local Foodbanks, Poppy Appeal, CMSI, and the Air Ambulance. Cross Communi Relationshl The Select Vestry continually works to improve relationships with other denominations, particularly within the Roman Catholic community. Rev Benson takes an active role in the local clergy groups, which include representatives from many of the local churches. These groups are inter- denominational and organise joint events and shared services and represent their congregations in the public sphere by raising their concerns about social issues. In addition, many of the activities and Èvents we or83nised durin8 the year were supported by all sectors of the community* and everyone was made welcome to share in our activities and our services. Diocesan S nod Representatives of the parish sit on the Derry and Raphoe Diocesan Synod. providing an important link between the parish and the wider structures of the Church of Ireland. Public Bene The benefits of public worship include contributing to the spiritual well-being of participants and the reinforcement of Christian values. together with practical support to struggling local families through Termoneeny Parish Church partner5hip5 Wjth 3peciali5t 5UPPOrt organisation5. Our Child Protection Policy is in accordance with the Safeguarding Trust policies of the Church of Ireland. We confirm to you we have mitigated any potential harm from the parish's activities by observing the requirements
of the Church of Ireland Safeguarding Trust policy for the protection of children and vulnerable adults. The Parish has carefully considered the Charity Commission for Northern Ireland's guidance on public benefit to ensure that the activities entered during the year have helped to achieve the Parish's objectives and activities and provided public benefit. Financial Review The results for the year are set out on pages nine to fifteen. which the Trustees consider to be satisfactory. The reserves of the parish are held for the advancement of its charitable purpose, other than restricted reserves which are held for a designated purpose. Going Concern The trustees have reviewed the budgets for the year ahead and are satisfied that adequate funds are in place to ensure that the Parish can continue its activities and that the financial statements for the year ended 31 December 2023 can be signed off as a going concern. Structure, Governance and Mana8ement Governlng Document and Constitution of the Charlty Chapter111 of the Church of Ireland Constitution governs Parishes and Parochial Or8anisations. The Select Vestry members are the Charity Trustees. Recrultment and Appolntment of Select Vestry (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 rneetings 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 positions for a period of one year. Select Vestry members may be re-elected annually, and there is no limit to the number of terms that may be served. Pay and Remuneration The parish does not pay the rector directly. A monthly assessment is paid to the Diocese, which comprises a stipend, locomotory allowance, employerfs national insurance and employerf5 clergy pension contribution. No other trustee receives remuneration, reward. or other private benefit for carrying out their trustee responsibility. Organisational Strutture 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 parish, any curate assistant ("the curate ), the churchwarden5. the glebe wardens and generally not more than twelve other members of the general vestry elected at the Easter Vestry. The select vestry 15 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 includin6 deGidin6 how parish funds are to be applied.
The select vestry meets at times fixed by the members or bythe diocesan synod. Special meetings may be convened at any time by the chairperson or the churchwardens. In 2023, the Select Vestry met nine times during the year, and the avera8e attendance was 94%. Compliance with Public Benefit Termoneeny Parish has carefully considered the Charity Commission for Northern Ireland's guidance on public benefit to ensure that the attivities entered into during the year have helped to achieve the Parish's objectives and activities and provided a public benefit. Statement of Trustees, Resp(msibilities The trustees are responsible for preparing the Trustees, Report, the statement of receipts and payments, and the statement of assets and liabilities in accordance with applicable laws and regulations. The law applicable to charities in Northern Ireland with an Income of less than £250,000 requires the trustees to prepare a statement of receipts, payments. and assets and liabilities for each financial year. The trustees are responsible for keeping accounting record5 sufficient to show and explain Parish's transactions and always accurately disclose Parish's assets and liabilities. They are also responsible for safeguarding the Parish's assets and, hence. for taking reasonable steps to prevent and detect fraud and other irregularities. Signed on Behalf of the Trustee5 Chalrperson: Rev hlllp Benson Tre urer: Mr Robert Lennox Date: ei l• 20
Independent Examiner's Report to the Charity Trustees of:_ The ParRsh of Termoneeny NIC 104697 I report on the accounts of the above Trust for the year ended 3 1st December 2023, as issued on pages I to 6 of Accounts documents issued on 0810412024. Respeetive responsibiliti&g of ¢hArity truste and examiner As the charity's tneeS you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to: examinc the accounts under section 65 of the Charities Act follow the procedures laid down in the general Directions given by the Commission under section 65(9)(b) of the Charities Act state whether particular matters have come to rny attention. Basis of independent examiner's report I have earnIn¢d your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northem Ireland under section 65(9)(b) of ihe Charities Acl. My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual ilems or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe.. l. That accounting records were not kept in accordance with section 63 of the Charities Act 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with the accounting requirements of the Charities Act 4. Thal there is firther inforniation needed for a proper understanding of the accounts to be rcachcd Independent examiner's statement I have completed my examination and have no concerns in respect of the matters ( l ) to (4) listed above ana, In L'onneciion wiin ft>iiowing tne L)Ireciions ol Ille cnarlLy Cumm155lun iur p4ufLnern ireiaiiu" I have found no matters that require drawing to your attention. Name: Mr Cornelius Logue MAAT Date 18 October 2024. Address: Tromaty, Quigley's Point, Co Donegal F93 X3A2 Telephone: 07543 047 942
Receipts and Payments Page1 of4 Printed: 09 March 2024 Parlsh of Termoneeny (Knockloughrim) Pericxl= 0110112023 10 3111212023 UnresM(xed Reslrthd Endowment 2023 2022 Recelpts Voluntary GivtThJ Extraordlllary General Incx)m8 Investment Income Gen8ral Parish Inwm8 Fundr8ising Events Property Rglated IrKxJmo Othèr Fund8 R8i8gd 34.566.25 1.928.65 36.494. 152.60 735.lY) 3.845.16 3.460.00 113.85 422.58 735.00 3,845.16 3,460.00 113.85 871A9 Total RoG•lpts ojjo 0.00 Payménts Repalrslupkeep Staffing Costs ght, Heat and P0r 10 DI85an L8vies 11 G8noral Parochial Overh88d8 12 P8rochial Mini8ty Overhead8 13 FInanal and Profg88ional C08ts 14 FundTrlslng Costs 15 Don0n$ to Ch8rld88 arKI Mlwons 16 Total P•ym•nts {33,407.54) 1423.60) {175.87) {23.366.04) (5,097.77) {1,489.571 1830.231 (2.197.86) {33,407.54) 1423.601 {175.871 {23,366.04} (5,097.771 11.489.571 {830.231 (2,197.861 I1.9)4.) 168,892.48) {1.gJ4.00) (1,904.00) (K988A8) OA 0.00 020.WI o.oty Transfers •) (t Exc•s8 of R•colpts ov•r P•ym•nts 123.315.62) OA) 123,020.991
Receipts and Payments PaJe2of4 PfIrrt. 09 March 2024 Parish of Tem)oneeny (Knockloughrim) 1. Voluntary Giving 2023 2022 Weekly enveloFeS 23.417.00 1,088.5) 3,800.00 3.220. 3.040.75 474.65 0.00 Standing orders Gift days Gtll aid tsx recovern& r8¢Jular gfi¥lng Donation5 for specific purposes Blsh¢)p5' Appeal annual c11010 0.00 803.00 128.00 2. Extraordinary General Income 2023 2022 NorFrecurriw cwff grant8 3. Invostmont Incomo 2023 2022 6.01 416.57 Bank aTrJ bulkltng sodety lrternst 4. General Parlsh Income 2023 2022 Parf8h magazine donations Funwal donalio 2.00 0.00 535.rAI 5. Fundraising Events 2022 Summer Fete & Funday 3.845.16 0.00 6. Property Related Incom• 20r2 Sknule Fa Paynt Glebe land rent 1.2tX).Ixi 2.260.00 7. Other Funds Raised 20Z3 2022 Surmlry IrKX 113.85 8. Repairslupkeep 2023 2022 {14.551ts2) 10
Receipts and Payments Paja 3of4 Prfnw: 09 March 2024 Parish of Termoneeny (Knockloughrim) 2023 2022 Church Iht ar¥J F Churth heatirwJ Church broadband Rectory repairs and mantww Upkeep of grounds Upkeep ol gravey&d (21523) (s93.) (63.69) 116.539.82) {2(K).LK)I {1.243.88) 9. Staffing Costs 2022 Clerical (403.60) (20.001 10. Llght, Heat and Power 2023 2022 Water Ratss {175.87) 11. Diocesan Levles 2023 2022 Diwesan Levy. Stsndar (23,366.04) 12. General Parochlal Overheads 2023 2022 Rent Payatyo Ststionery IT sofh¥ar6 {1,5CQ.(KI) (295.42) {898.08) (284.97) (172.50) (787.37) 11,159.43) 0.00 0.00 EquIpftnI- 5erviarvJ repal In8urance5 EquIpn1- new 0.00 13. Parochlal Mlnlstry Overheads 20t3 {57.62) 2022 Purthase wmhip and othor ly>)k8 0.00 9IgQ Clergy and slaff training Support for thurch orgatNsations Sunday Sc*KMJI (350.CK)) (40.) {479.93) 0.00 14. Financial and Professional Costs 2023 (600.CKI) (137.23) 2022 Audit arKI accountaicy Bank fees ar cha 0.00
Receipts and Payments Pagg4of4 prin.. 09 Mardi 2024 Parish of Termoneeny (Knockloughrim) 2023 2022 CCLI licen 193.00) 15. Fundraising Costs 2023 2022 FundrnL8ing rnsts Summer Fete & Funday exFenses {233.21 } {1.964.651 16. Donations to Charities and Missions 2023 2022 Donations to Bithps. Appeal Donations lo OtCharlI189 Donations lo Poppy Appeal 11.303.001 {475.LKII {126.001 0.00
Statement of Assets and Liabilities Page1of1 Print&J.' 09 Mardb 2024 Parish of Termoneeny (Knockloughrim) As of 09 March 2024 Unrestricted nds 2023 fuTr 2022 lunds Bank & Deposit Balances Bank & deposlt balances broughl fopwanl Ex¢Ms of Receipts over payffents lor the year Transfers between fijnds 70.740. 22.09).59 92.791.49 {23.020.99) (23,315.62) Bank & deposit balances csnied fopwanl 47.425.28 22.345.22 69.770.50 Investment Assets RCB Unit Trusts 5.369.81 5,369.81 5,213.32 CIT Unit Trusts 252.41 252.41 241.23 Assets Retained for Charity's Own Use Glebe Land 175.IM).(h) 175,000.LKI 175,000.
Bank Balan 1st January 2023 - 31" December 2023 Opening Balance Isi January 2023 £71,241.25 Closing Balance 31st December 2023 £47.950.28 Increase/Decrease General Account - £23,290.97 Investment Account (Building Fund) £21,550.24 £21,820.22 + £269.98 Total Bank Balances £92,791.49 £69,770.50 - £23,020.99 Slgned on Behalf of the Trustees Chairperson: Rev Ph Ip Benson Trea rer: Mr Robert Lennox Date: 14
Notes to the financial statements for the year ended 31st December 2023 AccountFng Poliues Set out below are the principal accounting poliaes which have been adopted in the compilation of the Receipts and Payments Account and the Statement of Assets and Liabilities. {a) Receipts and Payments Account All income and expenditure items included within the ReIpts and Payments Actount have been accounted for on a cash receipts basis. Statement of A$5ets and Uabilitles {1) Assets retained for the Parlsh's own use The assets of the Parish. retained for its own use, comprise: Church Building and Graveyard Glebe Land The Church Building and Graveyard are deemed to be Heritage assets as defined by the Charltles SORP IFR51021. These Herltage 355ets 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 the parish. The Glebe Land has been valued at a value that the Select Vestry deemed to represent the value of the land on the 3tst of December 2023. 111 Investments Fixed-asset investments comprising investment propertles, equltles lordlnary shares), and RCBICIT Unit Trusts are Initially recorded at cost and subsequently stated at fair value at each year'5 end date. Investments in unquoted Investments are recorded at C05t and assessed annually for impairment. 2. Transactlons wfth the Trustees No trustee reiVed any remuneratlon during the year. No trustee or a person related to a trustee had any personal interest in any contract or transaction entered by the charlty durSng the year. 3. Governance Costs Governance costs of £6IXI were incurred during the year, and £61X) relates to fees paid to the Independent examiner. GovernantÈ costs are included within Administration costs in the Receipts and Payments Accounts. 15