Termoneeny Parish Church of Ireland Trustees, Annual Report and Statement of Receipts and Payments, including Assets and Liabilities For the year ended 31st December 2024 Charities Number: NIC 104697
Termoneeny Parish (Church of Ireland) Annual report and financial ststernents for the year ended 31st Dernber 2024 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 assets and liabilities 13-14 Notes to the financial statements 15
Termoneeny Parish (Church of Ireland) References and admlnlstrative details Charity Name: Termoneeny Parish (Church of Ireland) Charity Registration Number: NIC 104697 Contact Address". 25 Dromore Road. Desertmartin, Ma8herafelt. BT45 5JZ Trustees Alan Arrell Ann Kelso Ashley Stewart Bernice Lennox Eddie Kerr Gilbert Lennox (Treasurer) Harold Leacock Karen Dempster Keith Morrow Ken Smyth Mark Hawe Mildred Leacock Rev Philip Benson (Chairperson) Rob Moore Rodney Dillon Ryan Leacock Samuel Hawe Stanley Leacock (Secretary) Trevor Hamilton Principal Offlce-bearers Clergy/Chairperson: Rev Philip Benson Treasurer: Gilbert Lennox Rector's Church Warden: Gilbert Lennox People's Church Warden: Eddie Kerr Independent Examlner Mrs Gemma Donaghy 15 Ballycrochan Court, Bangor, BT19 6PP Bankers Danske Bank, Branch Business, P.0. Box 182, Donegal Square West. Belfast, BTI 6JS
Trustees, Annual Report for the year ended 31st December 2024 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 2024. Objectives and Artivities The charitable purpose of the Church of Ireland is the advancement of religion. The principal function of Termoneeny Parish is to support the advancement of the Christian religion by promoting. through its work, the whole pastoral, evangelistic, social, and ecumenical mission of the Church. Being open to and engaging with society, and offering support to those who need help, are fundamental to the practical delivery of Christianity's benefrts. As a result of its activity in advancing the Christian religion. 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 Benefit Worshl and Pro 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 arts 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 services throughout the year include Christmas Carol Services, Lent/Holy Week Services and Advent Serrfices, which all provide intimate and reflective environments for worship. All are welcome to attend our worship serrfices. In addition to our regular services, some parish members are unable to attend church due to illness or age. Rev Benson regularly visited such parishioners to celebrate Holy Communion with them, offering pastoral care and practical support, either in their homes or in hospitals/nursing care homes. We have a150 introduced live streamin& allowing those unable to attend our ser4ices in person to participate from home. This is particularly important for those who are housebound or are unwell. At present, there are 76 families consisting of 158 individuals. The average weekly combined church attendance was 72, rising during special festlvals. We celebrated one baptlsm, zero weddings and held four funerals in our parish this year. In addition, the parlsh has hosted religious services in association with local community groups, including the Loyal and Masonic orders, such as 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 Clergrf 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" training and is a registered "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 broader 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 communty. We also hold several events each year. including a children's Easter Egg Hunt, an open- air service, a parish picnic, a Summer Fete, a parish dinner, and a Festival of Poppies. Over the years, 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 about important matters afferting our parish and includes articles that deepen 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 food banks, Poppy Appeal, CMSI, and the Air Ambulance. Cross-communit Relationshi 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 Cler groups, including representatives from many local churches. These groups are interdenominational and organise joint events and shared servlces. They also represent their congregations in the public sphere by raisln8 their concerns about social issues. In addition, many of the activities and events we organised during the year were supported by all community sectors, and everyone was made welcome to share in our activities and services. Dioceson S nod Representatives of the parish sit on the Derry and Raphoe Diocesan Synod, providing an essential link between the parish and the broader structures of the Church of Ireland. Public Bene it The benefits of public worship include contributing to the spiritual well-being of participants, reinforcing Christian values, and providing practical support to struggling local families through Termoneeny Parish Church's partnerships with specialist support organisations. Our Child Protection Policy is in accordance with the Safeguarding Trust policies of the Church of Ireland. We confirm that we have mitigated any potential harm arising from the parish's attivities by complying with 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. They are satisfied that adequate fund5 are in place to ensure that the Parish can continue its activities and that the financial statements for the year ended 31 December 2024 can be signed off as a going concern. Structure, Governance and Management Governlng Document and Constltution of the Chartty Chapter111 of the Church of Ireland Constitution governs Parishes and Parochial Organisations. The Select Vestry members are the Charity Trustees. Recruitment and Appointment of Select Vestry rfrustees) 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 retain 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 they may serve. Pay and Remuneration The parish does not pay the rector dirertly. A monthly assessment is paid to the Diocese, which comprises a stipend, locomotory allowance. employerfs national insurance and employerfs clergy pension contribution. No other trustee receives remuneration, reward, or other private benefit for carrying out their trustee responsibilitv. Organisational Strutture The select vestry is responsible for the day-to-day management of the parish. The Select Vestry consist5 of the members of the clergy sepding in the parish, any curate assistant {"the curate"), the churchwardens, the glebe wardens and generally not more than twelve other members of the general vestry elected at the Easter Vestry. The select vestry is chaired by the incumbent or another 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 bo applied.
The select vestry rnt5 at time5 fixed by the member5 or by the diocesan synod. Special meetlngs may be convened at any time by the chalrperson or the churchwarden& In 2024, the Select Vestry met 8 times, with an average attendance of 92%. Compllance wlth Publlc Benefft Termoneeny Parish has carefully considered the Charity Commission for Northern Iland'S guldance on public benefit to ensure that the activities entered during the year have helped to achieve the Parish's objectives and activities and provided a public benefrt. ststement of Tntstees, Responslbllltles The trustees are responsible for preparing the Trustee< Report. the statement of receipts and payment5. and the statement of a55ets and liabilitie5 in accordance with applicable law5 and regulations. The law applicable to charities in Northern Ireland with an Income of less than £250.LKX) requi5 trustees to prepare a statement of recelpts. payrnents, assets. and liabilities for each flnancial year. The trustees are responsible for keepin8 accounting records sufficient to show and explain Parish's transactions and always accurately disclose Parish's assets and liabilities. They are also responsible for safe8uarding the Parish's assets and, hence, for taking reasonable steps to prevent and detect fraud and other 5rre8ularities. Sl8ned on Behalf of the Trustees Chairperson: R Phlllp Benson Tre r: Gil Lennox Date: 28th ortober 2025
Independent Examiners. Report to the Trustees of Termoneeny Parish (Church of Ireland) I report on the accounts of the above Trust for the year ended 31st December 2024, issued on 17/0412025. Respective responsibilities of charity trustees and the examiner As the charity's trustees, you are responsible for preparing the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to: o Examine the accounts under section 65 of the Charities Act o Follow the procedures laid down in the general Directions given by the Commission under section 6519llbl of the Charities Act State whether particular matters have come to my attention. Basis of the independent examlnerfs report I have examined your charity accounts as requlred 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 Northern Ireland under section 65{91(b} of the Charities Att. 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 items or dlsclosures 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, givin8 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. That there is further information needed for a proper understanding of the accounts to be reached Independent examinerfs statement I have completed my examination and have no concerns in respect of the matters (11 to {41 listed above, and in connectioniwith following the Directions of the Charity Commission for Northern Ireland, I haye found no matte hat require drawing to your attention. Name: Date.. 28th October 2025 MSLO aine Craig Address.. 69 Churchill Road, Larne, BT40 2EW
Receipts and Payments Page1 of4 Prinled." 24 October 2025 Parish of Termoneeny (Knockloughrim) Penod.. 011011202410 3111212024 Unrestricted 2024 2023 Recelpts Voluntary Giving Extraordinary Genet81 In(XM Investm9nt Incom8 General Parish Income Fundraisino Events Proparty Related Ino)mo Othor Fund8 Raised 41,553.28 721.(K) 42.274.Z8 36.494 90 800.IJO 422.58 735.00 3,845.16 3,460.00 113.85 45.871.49 113.39 1.380.00 21,001.01 2260.00 86.40 16.394.08 394.76 SJ8.15 1.380.(M) 21.1.01 2,260.00 86.40 67.509.84 Total ReIpts 1.115.76 Payments Repairslupkegp Stsffing C0515 Llght, Heat anil Power 10 Dlocesan Levies 11 Goneral parochial ovethoads 12 Parochioj mlnSstry ¢verhead8 13 Flnancial and Profess41 Costs 14 Fundralslng Costs 15 Don8tlon3 to Chariti8s and Mlssic 16 Totsl Payments 114.684.60) 11,134.00) 1188.98) {23.583.961 {5,799.491 11,743.991 1315.881 14.518.75} 114.684.601 I1.134.) {188.98) {23.583.961 {5.799.49) {1.743.99) 1315.881 14,518.75) (626.00} 152.595.651 133,407.541 {403.601 1175.87) 123,366.04} 15,097.77} 11.489 571 1830.231 12,197.861 {1.904.001 {68,872.48) 1626.fy)1 {626.OD) (51.969.65) 14•1&11 pJ.ooo. Transfers 2.200.00 (uoo. 14914.19 IZ,20D.WI Exc•s• of R•c•lpts ov•r P•ym•nt• 12,2X43 1689.76 123,000.99)
Receipts and Payments Page2of4 F4inted: 24 OGobw 2025 Parish of Termoneeny (Knockloughrim) 1. Voluntary Giving 2024 2023 Weekly envelop8S Olher general donati 24.481.00 23,417.00 0.00 1,088.50 3.800. 3.220.00 3,040.75 474.65 525.00 126.00 803.00 827.50 StarKling orders Gift days Gift tax recovered. regular wlng Donatlons spedflc purr0589 Bishops, 4)peal annual cdlectic Poppy Appeal cdledlon Bishops. rospon8e ¢lledions 5.180.(KI 2.445.(X) 8.569.78 620.IXI 101.CM) 2. Extraordinary General Income 2024 2023 800.¢Y) 3. Investment Income 2024 2023 Dlvldents B¥nk and tsjildlry sow IntW68t 6.10 502.05 6.01 416.57 4. General Parlsh Income 2024 2023 Parfsh maga21ne th)nations Fees for funerals Funer81 donab'tj Graveyard fees 190.¢XI 200.00 1,020.IXI 1(M).00 535.00 0.00 5. Fundralslng Events 2024 2023 Sunmnèr Fet8 & Funday Surmiw Fet8 & Funday granis Festiv of PoprAes oatiOnS 4.518.76 375.IJ) 16.107.25 3,84S.16 6. Proparty R•latsd Incomo 2024 2023 Single Farm Pay Glebe land rent 1,200.¢X) 2,260.00 2,260.thJ 7. Other Funds Raised 2024 2023 Sun(try IrK 113.85
Receipts and Payments Parish of Termoneeny (Knockloughrim) Page3of4 Print". 24 OLknber 2025 8. Repairslupkeep 2024 2023 Church repairs and maintenan Churth light and tK>wer Churth heating Churth broadbatwj Rectory repairs and maint8rhance Rethy heating BuikYirwJ repairs arKI Upkeep of grournls Upkeep of graveyard I375.) (183.92) {968.C()) {378.78} {2.198.151 (1.114.40) (6.1.co) (2.681.40) 1284.95) (14,551.92} {21523} (593.00} (63.69) {16.539.82) 1200.CK)) {1.243.88} 9. Stsffing Costs 2024 2023 alCa1 {1,134.) 1403.60} 10. Light, Heat and Power 2024 2023 Water Rates (188.981 {175.871 11. Diocesan Levies 2024 2023 Doctesan Levy. Stsndard {23,583.%} (23.366.041 12. General pan)chial overhoads 21Y24 2023 R8nt Payable Ststionery IT software Pholocopysng Equipment- serw(arwJ and rep74 Insuran Equipment- new (2.000.001 25.) {462.121 {462.85) (90.WI (914.151 (1.144.47) {1.5LK>.00) {295.42) (898.08) {284.97) (172.50) {787.37) (1.159.43) 13. Parochial ministry overheads 2024 2023 Pur(*wse worship and other kS Purttfjse WIJhIp CDS and software Cther wi)E5hip related (x)&s Clergy arKJ staff trainiThJ Community buildÉng SupFOrt for thurdj organi5atior Sunday School Parish dinner expe$ {57.62} {119.(K)) {296.27) (562.02) {350.001 (379.00) 140.00) (479.93} (557.Z2) (392.}
Receipts and Payments Parish of Temioneeny (Knockloughrim) Page4of4 prtn. 24 October 2025 14. Financial and Professional Costs 2024 2023 Audit and ar£wntsncy Bank fees KI (argo3 CCLI licenc8 1600.001 1137.23} {93.001 {176.63) (139.25) 15. Fundraising Costs 2024 2023 FUrr81ng c¥Jsts Summer Fete & Funday expgnses Poppy Festifdl Expenses (257.23) {1,755.42) 12.506.10) 1233.211 (1.964.651 0.00 16. Donations to Charitios and Misslons 2024 2023 1475.001 (1.303.001 1126.00) Donalion5 to Blsfv)ps' Appeal DOnatkH to P4)py Appaal (525.LKI) (101.00)
Statement of Assets and Liabilities Page1of1 Printed: 26 April 2025 Parish of Termoneeny (Knockloughrim) As of 26 April 2025 Unrestricted furKts 2024 2023 nds Bank & Deposit Balances Bank & deposlt balances brwghl forward Excess of Rer£ipts over payments for Ihe ygar Tr8nsfers btheen funds 47.425.28 22.345.22 69.770.50 92.791.49 14.424.43 489.76 14.914.19 (23.020.991 {2.2.00) 59,649.71 2,200.CK) Bank & dewslt balances carri8d forwar(I 25.034.98 84,684.69 69,770.50 Investment Assets RCB Unlt Trusts 5.475.82 278.73 5.475.82 276.73 5,369.81 CIT Unit Trusts 252.41 Assets Retained for Charity's Own Use Gleba Land 175.000. 175.OCK). 175.000.¢)O
Bank Balances I" January 2024- 318 December 2024 Openlng Balance l°January 2024 £47,950.28 aosing Balance 31" December 2024 £60,269.71 Increase/Decrease General Account increase of £12,319.43 increase of £2,594.76 Investment Account (Building Fund} £21.820.22 £24.414.98 Total Bank Balance5 £69.770.50 £84.684.69 increase of £14,914.19 Slzned on 8ehalf of the Trustees Chalrperson: v Phlllp Benson rer: Gilbe nnox Date: 28th October 2025
Notes to the financial statements for the year ended 31st December 2024 Accounting Policles Set out below are the principal accounting policies adopted in the compilation of the Receipts and Payments Account and the Statement of A55ets and Liabilities. (a) Recelpts and Payments Account All income and expenditure items Induded within the Receipts and Payments Account have been accounted for on a cash receipts basis. Ib) Statement of Assets and Uabllftles (l) Assets retalned 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 Buildln8 and Graveyard are deemed to be Heritage assets as defined by the Charitle5 SORP IFRS1021. 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 benefft 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 31st of December 2024. li) Investments Fixed-asset investments comprising investment properties. equities (ordinary shares), and RCB/CIT Unit Trusts are Initially recorded at cost and subsequently stated at fair value at each year's end date. Investments in unquoted investments are recorded at cost and assessed annually for Impairment. 2. Transartlons wlth the Trustees No trustee received any remuneration duringthe year, and no trustee or a person related to a trustee had any personal Interest in any contract or transaction entered by the charity during the year. 3. Governance Costs Governance costs of £0 were incurred durin8 the year, including £0 in fees paid to the independent examiner. Governance costs are included within Administratlon costs in the Receipts and Payments Accounts.