Parish of Tamlaght O'crilly Lower Saint Nossonus, Church. Innisrush Trustees, Annual Report and Ststement of Receipts and Payments and Assets and Liabilities For the year ended 31 December 2022 Charities Number: NIC104699
Parish of Tamlaght O'crllly Lower, Saint Nossonus, Church, Innisrush Annual report and flnanclal statements for the year ended 31 December 2022 Contents Pages ReferenS and administrative details of the Charty Trustees. report Independent Examinerfs Report to the Trustees ReIpts and payments account Statement of assets and liabilities Notes to the financial statements 9-15
References and administratlve detalls Charity Name: Portglenonellnnisrushrramlaght O'crilly LowerlDerylChurch of Ireland Charity Registration Number: NIC104699 Contact Address: 2 Moneygran Road Kilrea Coleraine Co Londondery B T51 5SJ Northern Ireland Trustees Mr Mervyn Moore Mr Vvarren Elgin Mr Emerson Lowry Mr Robin Clark Mrs Margaret Clark Mr Ray Moore Mrs Amanda Lowry Miss Jean Rogers Miss Maisie Rogers (Deceased) February 2023 Mrs Agnes Moore Mrs Pearl Moore Laura McDonald Richard Lowry Rlchard Mulholland Miss Heather Moore Rev Gary Miltar Princlpal OfflcA>earers Clergy: Honorary Secretary: Honorary Treasurer: Rector's Churchwarden: People's Churchwarden: Rev Gary Millar Mr Rithard Lowry Mr Robin Clark Mr Mervyn Moore Mr Warren Elgin Independent Auditor Davld Lytlle Co Ltd 15 Meeting Street Magherafelt Co Lonijondery BT45 6BN Principal Bankers Danske Bank Donegall Square West Belfast BT16JS
Parish of St. Nossonus, Innisrush Trustees, Annual Report for the year ended 31 December 2022 The Trustees. present the annual report and statements of ReIpts and Payments and Asset5 and Liabilities for the Church for the year ended 31 Dember 2022 Objectlves and Activities The charttable purpose of the Church of Ireland is the advancement of religion. The principal function of the Parish of Innisrush is to support the advancement of the Christian religion by promoting through their work the whole mission of the Church. pastoral, evangelical, social and ecumenical. Being open to engaging with society as a whole and offering 5UPPQrt for those needing help are fundamental to Ihe practical delivery of the benefits of Christianity. As a result of activity in Ihe pursuit of the advancement of the Christian reln. the Parish of Innlsrush 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 Veslry of the Parish of Innisrush. Achievements, Performance & Public Benefft The Parish holds public worship at servTces each week throughout the year- Holy Communion. Moming and Evening Prayer, Baptisms, Marriages and Funerals. The purpose of our charitable fijnd raising is not only for our own costs. for example, building maintenance. but also for a variety of needs (see donations in Financial Report). This is a tangible demonstralion of our mlssion and outreach. Our Patlsh Hall is used regularly for the promotion of Church ethos - BeeUe Drive. Daffodll Tea, Irlsh Stew and Entertainmen( Christmas Dinner, Auclion, Table Top Sale. all events are open to parishioners and non- parishioners as well as the wider mMunIty. At all tlmes we keep in mind our Safe Guardlng Trust policy. Health and Safety requirements and caterlng regulatlons. The Parish has given careful consideration to the Charty Commission for Northem 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 publlc benefit. Financial Review The results for the year are set out in the Finan(aal Report. which the Trustees consider to be s8ti5factory. The reserves of the Parish are held for the advanment of its charitable purp)se. Going Concern The Trustee5 have revlewed the budgets for the year ahead and are satisfied U)at there are adequate funds in place to ensure that the Parish can continue its activity and the financial statements for the year ended 31 December 2022 can be signed off as a going concem.
Parish of St. Nossonus. Innisrush Trustees, Annual Report for the year ended 31 December 2022 (continued) Structure. Governance and Management Governing Document and Constitutlon of the Charity Chapter111 of the Constttution of the Church of Ireland govems Parishes and Parochial Organistion. The Select Vesiry members are the Charity Trustees. Recruitment and Appointment of the Select Vestry (Trustees) I members of the Church of Ireland who are over the age of 18 who are resident within the parish or live elsewhere but have been accustomed members of the congregation, and may register as members of the general vestry of the parish, allowing them to attend and vote at meetings of the general vesty and stand for election to the Select Vestry. Meetings of the general vesty are held al least once a year. The Select Vestry is elected as part of this General Vesty meeting. The Select Vesty will hold their positions for a period of one year. Select Vestry members may be re-elected annualty and there is no limit on the number of temis which may bè seNed. Organisational Structure The Select Vestry takes responsibility for the managing of certain activities and decision making within the parish. The Select Vestry consists of the member of tho clergy serving in the parish. any curate assistant I'the curate"), the churchwardens. the glebe wardens and generally not more than e1ve other members of the general vesty elected at the General Vestry Meeting. The Select Vesty is chaired by the Incumbent or other member of the dergy Offiating in the parish. Select Vestry members are responsible for making decisions on matters of general concem and importance to the parlsh In¢luding deciding how parish funds are to be applied. The Select Vestry meets at tlmes fixed by the members or by the diSan s¢1. Special meetings may be onvened at any time by the chalrperson or the churchwardens. Compllance with Public Beneflt The Parish has given careful consideration to the Charity Commission for Northem 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, Responslbllltles The Trustses are responsible for preparing the Trustees, Report and the statement of receipts and payments and statement of assets and liabilitles In accordance with applicable law and regulations. The law applicable to charities in Northem Ireland with income of less Ihan £250,000 requires the Trustees to prepare a statement of CeIptS and payments and a statement of assets and liabilities for each financial year.
Parish of St. Nossonus. Innisrush Trustees. Annual Report for the year ended 31 December 2022 (continued) Statement o! Trustees, Responsibilltles (contlnued} The Trust8es are responsible for keeping accounting records that are sufficient to show and explain the Parlsh's transactions and disclose wth 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 iaking reasonable steps for the prevention arKI detection of fraud and other irregularities. Signed on behalf of thè Trustees Robin Clark Trustee Mervyn mre Trustee Datè.. 23
Independent Examlnerfs Report to the Trustees of Parish of Tamlaght O'crilly Lower I report on the accounts of the Trust for the year ended 31 December 2022, which are set out on pages 2 to 15. Respective responsibilities of charity trustees and examiner As the charty's Trustees. you are responsible for the preparation of the accounts in accordan with the Charities Act (Northern Ireland) 2008. It is my responsibilty to: . examine the accounts under section 65 of the Charities Act follow the procedures laid down in the general Directions gwen by the Commission under section 65(9)(b) of the Charities Act . state whether particular matters have (xjme to my attention. Basis of independent examinevs report I have examined 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 Northern Ireland under section 65(9)(b) of the Charities Act My examination included a review of the accounting records kept by the chaiity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disdosures in the accounts, and seeking explanations from you as charty Trustees conceming any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe: 1. That accounting records were not kept in accordance wlth 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 inf0Mtion needed for a proper understanding of the accounts to be reached. Independent examine I have completed my e connection with follown that requi drawing to yo tement tion and have no concerns in respect of the matters (1) to (4) listed above and, in Directions of the Charity Commission for Nothem Ireland, I have found no matters attention. th phen cGeagh BA Hons FC on behalf of David Lyttle + Co L Chartered Accountsnts statutory Auditors 22 May 2023 15 Meeting Street Magherafelt Co Londonderry BT45 6BN
Receipt5 and Payments Account for the year ended 31 December 2022 Unrestricted Funds 2022 Restrlcted Funds 2022 Total Total 2022 2021 Recei Freewill offerings Loose collections Special Collections Gift aid rebate (including GASDS) Church repair fund - Gift day envelopes New hall building fund Bank & Deposit interest Investrnent incom8 other recelpts ReIptS regardlng Partsh Organisations Total Recel ts 19.233.50 502.65 1,512.00 4.726.05 19,233.50 20,233.00 502.65 369.70 2,077.00 907.87 5,098.55 3.587.82 3,350.00 3.597.23 3.235.00 45.65 13.55 2,791.94 2,755.46 565.30 8.714.31 5.525.99 259.00 259.00 163.63 5.387.74 42.319.83 40,142.02 565.00 372.50 3.59723 28.71 16.94 2.791.94 8.149.01 36,932.09 Pa Diocesan Assessment Church & Hall Running Costs Sunday School expenses Administralion Costs Charitable Donalion5 Payments regardlng ParEsh Organisattons Total Pa ments 18.885.00 3.298.44 326.22 9.610.94 300.00 18.885.00 18,335.00 3.298.44 4.051.94 326.22 48.00 385.30 9.996.24 8.161.47 645.00 945.00 766.00 400.00 400.00 650.00 1,430.30 33,850.90 32.012.41 10 32,420.60 Excess of Receipts over Payments for the year before transfers 4,511.49 3.957.44 8.468.93 8,129.61 apltal payments Transfers Excess of Recelpts over Payments for the year 4.511A9 3,957.44 8,468.93 8,129.61 Slgned on Behalf of the Trustees Robin Clark Trustee Mervyn Moore Trustee Date: Z?- S- 13
STATEMENT OF ASSETS & LIABILITES AS AT 31 December 2022 Unrestrlcted Restricted Funds Funds 2022 2022 Total Funds Total Funds 2022 2021 Funds Rewnciliation Bank and Cash at start of year Net movement in funds 24,541.23 4.511.49 20.624.52 45,165.75 3.957.44 8,468.93 37,036.14 8,129.61 Bank and Cash at end of year 29.052.72 24,581.96 53,634.68 45,165.75 Bank & Cash Balances Current Accounts Deposit Accounts Cash Total Cash Funds 20,334.92 2,968.72 8,717.80 21.613.24 23.303.64 30.331.04 18.460.65 26.705.10 12 29,052.72 24,581.96 53,634.68 45,165.75 OTHER ASss Investment Assets Investments in RCB I CIT Unit Trusts other unnsted invesiments Total Investment Assets 105,102.02 105.102.02 113.035.58 14 105.102.02 105,102.02 113,035.58 Assets rètalned for the Parlsh's own use Glebe land Car park Equipment Total Assets retained for the Parish's own use 90,000.00 63.379.00 1,330.00 90,000.00 63.379.00 1.330.00 90.000.00 63.379.00 1.330.00 13 154,709.00 154,709.00 154,709.00 Signed on Behalf of the Trustees Robln Clark Trustee Mervyn Moore Trustee Date: X3_ f-
Notes to the financial statements for the year ended 31 December 2022 1. Accounting policies Set out below are the prinGipal accounting polieS which have been adopted in the compilation of the Receipts and Payments Account and the Statement of Assets and Ltabilities (a) Receipts and Payments Account All iteTllS of income and expendtture included within the Receipt5 and Payments Account have been accounted for on a cash receipts basis. (b) Statement of Assets and Liabilities The congregation has reviewed the basis on which it has prepared its accounts and in order that these are prepared on a strict receipts and payTnents basis ti has eliminated from its fund balances any funds which are not held in bank or cash balances. Any other funds, which the congregation holds. in particular investments. are disd05ed on the Statement of Assets & Liabilities. (l) Assets retained for the Partsh s own use The assets of the Partsh. retained for f(s own use cornprise:. Church Buildings and Graveyard Parish Hall Car Park Glebe land The Church Bullding and Graveyard are deemed to be Herltage assets as defined by the Chartties SORP (FRS102). These Heritage assets are nol included in the statement of assets and liabilities as information on the cost or valuation is not available and such infomiation cannot be obtsined at a cost commensurate with the benefit to the users of the accounts and to the parish. The Parish Hall is not included in the statement of assets and liabililies as information on the cost or valuation is not available and such infom)ation cannot be obtained at a cost commensurate with the benefit to the users of the accounts and to the parish. The Glebe land has been recoynised at a value which the select Vestry deem to represent the esllrnate fair value of the property at 1 January 2017. The value of the car park has been recognised at thsL li) Investments Fixed asset investments comprising investsnent properties. inveslments in equitie5 (ordinary shares) and investment in RCBICIT Unit Trusts are initially recorded at cost and are then subsequendy stated at fair value at each year end date. Investments in unquoted investments are recorded at cost and are assessed annually for impairment.
Notes to the financial statèments for the year ended 31 December 2022 {¢ontinued) 2. Special collections Unrestrtcted Restricted 2022 2022 Total 2022 Total 2021 Bishops, Appeal -tian Harvest Gift Envelopes Lent Boxes Leprosy Mission Mission to seafarers Poppy Appeal TOTAL 505.00 505.00 130.00 355.00 236.87 90.00 45.OD 51.00 907.87 1,120.00 392.00 1.120.00 392.00 60.00 565.00 60.00 2,077.00 1,512.00 3. New Hall building fund Unrestricted Restricted 2022 2022 Total 2022 Total 2021 Autumn online auction Donatlon Spring auction Table lop sale In lieu of flowers - Late Albert Moore In lieu of flowers - Late May Greenwoc Estate Fran$ Campbell 1,360.00 250.1)0 250.00 1,000.00 1,470.00 1.470.00 875.00 600.00 1,277.23 3.597.23 600.00 1,277.23 3 59723 3,235.00 4. Investment Income Unrestricted Restricted 2022 2022 Total 2022 Totsl 2021 RCB Glebe Sale interest RCB Investment income Col Trustees investment income TOTAL 2,530.88 176.59 84.47 2.791.94 2,530.88 176.59 84.47 2.418.89 168.77 167.80 2 755.46 10
Notes to the financial statements for the year ended 31 December 2022 (continued) 5. Other receipts UnrE5tricted Restricted 2022 2022 Total 2022 Total 2021 Burlal & Grave Fees Christrnas dinner Clothing Bank Coins in jar Donation Donation - Barkley family Tyanee Donation Calvin family- repair fund Donation Ladies Fellowship Donation for leprosy Mission Donation The Llnk Maghera Easy Fund Raising From Kilrea for stationery etc From Tamlaght Upper for ststionery etc Land rental MUDC Fun Day grant Parish News RCB Covid revenue grant Table Quiz Treasure Hunt TOTAL 1.300.00 490.00 728.00 5.00 150.00 1.3(Kl.00 490.00 72B.OQ 5.00 150.00 80.00 100.00 580.00 BB4.00 100.00 310.00 80.00 80.00 600.00 59.04 728.49 728.48 1.300.00 385.30 697.00 503.00 280.00 500.00 8,714.31 600.00 59.04 728.49 728.48 1,300.00 32.52 744.74 744.73 1,300.00 385.30 697.00 503.00 280.00 500.00 8.149.01 930.00 565.30 5,525.99 6. Receipts regarding Parish Organisations Unrestricted Restricted 2022 2022 Total 2022 Total 2021 Sunday School Projects Youth Club TOTAL 259.00 259.00 163.63 259.00 259.00 163.63 7. Church & Hall running costs Unrestrlcted Restrlcted 2022 2022 Total 2022 Total 2021 Church dable tollets Electrictiy Fire protection Insuran Repairs Repairs- slates for vestry Sundry expenses Water rates TOTAL 662.50 1,192.84 68.40 1.121.37 29.95 662.50 1.192.84 68.40 1.121.37 29.95 628.15 116.22 1,064.83 2.000.00 80.49 182.25 4.051.94 30.25 193.13 3.298.44 30.25 193.13 3,29B.44
Notes to the financial statements for the year ended 31 December 2022 (contlnued) 8. Sunday school expenses Unrestricted Restricted Restricted 2022 2022 2022 Total 2021 Easter eggs Prizg.s Selecllon Boxes TOTAL 45.00 236.22 45.00 32622 45.00 236.22 45.00 326.22 48.00 48.00 9. Administration costs Unrestricted Rostrfded 2022 2022 Total 2022 Total 2021 Audtt & accourrtancy Bank fees Bible notes CCTV signs Christmas dinner Confimiation expenses Donation in lieu of flowers Fun day expenditure FWO Envelopes Glfts Groundsmen Hope Mag8zinelFaithful Queen Intemel security Jubilee pens Kllrea 113 rr expenses Kilrea Rectory 113 repairs Kilrea Rectory 113 running costs Kllrea 113 Communion costs Laptop update Office allowance Organist Parfsh News articles Photocopler costs PPE Printing - Parish News Stationery & postage TOTAL 630.00 135.87 12.99 42.00 490.00 630.00 135.87 12.99 42.00 490.00 600.00 98.04 71.00 200.00 150.00 150.00 385.30 189.00 50.00 600.00 222.00 34.99 58.80 152.00 355.00 2,106.62 385.30 189.00 50.00 600.00 222.00 34.99 58.80 152.00 355.00 2,106.62 192.10 69.49 600.00 27.50 34.99 152.00 382.17 1,237.86 21.66 40.00 300.00 1,600.00 46.99 503.65 4.50 1,155.00 824.52 8.161.47 2.250.00 47.99 411.67 2.250.00 47.99 411.67 1,150.00 522.01 9.610.94 1,150.00 522.01 9.996.24 385.30 12
Notes to the financlal statements for the year ended 31 December 2022 {contlnued) 10. Charitable donations Unrestricted Restricted 2022 2022 Total 2022 Total 2021 BhOp8. Appeal Christlan Aid Church Amiy Church of Ireland Board of Education Crosslinks Irish Church Missions Leprosy Mission Mission to Seafarers Poppy Appeal Shoe Box appeal Total 45.00 505.00 550.00 150,00 100.00 50.00 100.00 100.00 100.00 50.00 51.00 65.00 766.00 100.LK) 100.00 100.QK) 100.00 80.00 80.00 60.00 60.00 55.00 945.00 55.00 300.00 645.00 11. Payments regardlng Parfsh Organisatyons Unrestricted Restricted 2022 2022 Total 2022 Total 2021 Sunday School Projects - Donations TOTAL 400.00 400.00 400.00 400.00 650.00 650.00 13
Notes to the financial statements for the year ended 31 December 2022 {continued) 12. Movement In Cash Funds At1Jan Incoming Outgoing Transfers 2022 Resources Resources At 31 Dec 2022 Restricted funds Special Collections Sunday School Church repairs fund New Hall building fund 565.00 259.00 472.50 3.625.94 565.00 400.00 329.72 2.307.50 17.987.30 188.72 2,780.00 21,613.24 465.30 Other amounts for specific expenditure 20.624.52 5,387.74 1.430.30 24.581.96 Unrestrlcted funds General Fund 24.541.23 36,932.09 32.420.60 29,052.72 24.541.23 36.932.09 32,420.60 29.052.72 Totsl funds 45,165.75 42.319.83 33,850.90 53,634.68 Pur oses of Restricted Funds Sunday School: This is a fund for the use of the Sunday School for charttable projects Church Repair fund: fhis fund is to be used for Church Building repalrs New Hall Building Fund: This is a fund to asslst wlth the cost of building a new hall 13. Assets retained for the Parish's ovm use Glebe Land Car park Equipment Tolal Opening cost at l Jan 2022 90.IY)O.00 63,379.00 1,330.00 154,709.00 Addltlons Closing cost at 31 Dec 2022 90,000.00 63.379.00 1,330.00 154.709.Iy) 14
Notes to the financial statements for the year ended 31 December 2022 (contlnued) 14. Investinent Assets CIT RePreSen1ve Inve5trnent Church Body Total Opening value at 1 Jan 2022 3.552.00 109.483.58 113.035.58 Change5 in valuatiL Additions Disposals (439.53) 17.494.03) <7,933.561 Closing value at 31 Dec 2022 3.112A7 101.989.55 105,102.02 15. Transactlons with the Trustees There wgre no transactions with the TFUStees during the year. No trustee received any remuneration or during the year, other than Metvyn Moore received £300 for grass cutting and upkeep of graveyard. No other trustee or a person related to a trust88 had any personal interest in any contract or transactTron entered into by the charity during the year. The Parish paid a contribution of £2,613.62 towards Kilrea rectory which is occupied by the Rector. Running costs £2,106.62, repalrs £366 and rectory IT expenses £152. 16. Governance Costs Governan costs of £300 were incurred during the year of which £300 relates to fees paid to the independent examiner. Governance costs are included within Admintstration costs in the Receipts arKI Payments Accounts 15