Parish of Tamlaght O'crilly Lower Saint Nossonus, Church, Innisrush Trustees, Annual Report and Statement of Receipts and Payments and Assets and Liabilities For the year ended 31 December 2024 Charltles Number: NIC104699
Parish of Tamlaght O'crilly Lower, Saint Nossonus, Church, Innisrush Annual report and financial statements for the year ended 31 December 2024 Contents Pages References and administrative details of the Charity Trustees, report Independent Examiner's Report to the Trustees Receipts and payments account Slalement of assets and liabilities Notes to the financial statements 9-14
References and administrative details Charity Name.. PortglenonellnnisrushlTamlaght O'crilly LowerlDerrylChurch of Ireland Charity Registration N umber.. NIC104699 Contact Address.. 2 Moneygran Road Kilrea Coleraine Co Londonderry BT515SJ Northern Ireland Trustees Mr Mervyn Moore Mr Warren Elgin Mr Emerson Lowry Mr Robin Clark Mrs Margaret Clark Mr Ray Moore Miss Jean Rogers Mrs Agnes Moore Mrs Pearl Moore Mr Richard Mulholland Miss Heather Moore Rev Gary Millar Priric ipal Off ice-bearers Clergy. Honorary Secretary.. Hoiiorary Treasurer.. Rector's Churchwarden: People's Lhurchwarden.. Rev Gary Millar Mr Warren Elgin Mr Robin Clark Mr Mervyn Moore Mr Warren Elgin Independent Auditor David Lyltle + Co Ltd 15 Meeting Street Magherafell Co Londonderry BT45 6BN Principal Bankers Danske Bank Donegall Square West Belfast BT1 6JS
P&qrisli ot. St. Nossonus, Innisrusli Trustees, Annual Report for the year ended 31 December 2024 The Trustees present the annual report and statements of Receipts and Payments and Assets and Liabilities for the Church for the year ended 31 December 2024 Objectives and Activities The charitable purpose of the Church of I reland 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, pa51oral, evangelical, social and ecumenical. Being open to engaging with society as a whole and offering support for those needing help are fundamental to the practical delivery of the benefits of Christianity. As a result of activity in the pursuit of the advancement of the Christian religion, the Parish of Innisrush has custody of property and of records, materials and artefacts of sig nificance lo the cultural and religious heritage aiid maintenance of which is undertaken by the Select Vestry of the Parish of I nnisrush. Achieveinents, Performance & Public Benefit The Parish holds public worship at services each week throughout the year- Holy Communion, Morning and Evening Prayer, Baptisms, Marriages and Funerals. The purpose of our charitable fund raising is not only for our own costs, for example, building maintenance, but also for a variety of needs (see donations in Financial Reporll. This is a tangible demonstration of our mission and outreach. Our Parish Hall is used regularly for the promotion of Church ethos- Café Church, Daffodil Tea and Coffee Evening, Beetle Drive, Irish Stew and Entertainment, Auction, all events are open to parishioners and non- parishioners as well as the wider community. At all times we keep in mind our Safe Guarding Trust policy, Health and Safety requirements and catering regu lations. 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. Financial Review The results for the year are set out in the Financial Report, which the Trustees consider to be satisfactory. The reserves of the Parish are held for the advancement of its charitable purpose. Going Concern The Trustees have reviewed the budgets for the year ahead and are satisfied that there are adequate funds in place lo ensure that the Parish can continue its activity and the financial statements for the year ended 31 December 2024 can be signed off as a going concern.
Parish of St. Nossonus, Innisrush Trustees, Annual Report for the year ended 31 December 20241continued) Structure, Governance and Management Governing Document and Constitution of the Charity Chapter I I l of the Constitution of the Church of Ireland governs Parishes and Parochial Organislion. The Select Vestry members are the Charity Trustees. Recruitment and Appolntment of the Select Vestry ITrustees) All 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 allend and vote at meetings of the general vestry and stand for election to the Select Vestry. Meetings of the general vestry are held al least once a year. The Select Vestry is elected as part of th is 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 on the number of terms which may be served. Organisational Structure The Select Vestry is chaired by the incLimbenl or other member of the Clergy officiating in the parish. Select Vestry Ireinbers are responsible for making decisions on mallers 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 lime by the chairperson or the churchwardens. The Select Vestry takes responsibility for the managing of certain activities and decision making within the parisli. The Select Vestry consists of the member of the clergy serving in the parish, any curate assistant I'the curate"), the churchwardens, the glebe wardens and generally not more than twelve other members of the general vestry elected at the General Vestry Meeting. Compllance with Public Benefit The Parish has given careful consideration to the Charity Commission for Northern Ireland's guidance on public benefit to ensur'e that the activities entered into during the year have helped to achieve the Parish's objectives and aLtivities, as well as providing public benefit. Statement of Trustees, Responsibilities 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 regulations. The law applicable to charities in Northern I reland with income of less than £250,000 requires the Trustees to prepare a statement of receipts 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 2024 (contlnued) Statement of Trustees, Responsibilities (continued) 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 safeg uarding 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 Reveren Trustee ry Robin Clark Trustee Date. Ik-
Independent Examiner's 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 2024, which are set out on pages 2 to 14. Respective responsibilities of charity trustees and examiner As the charity's Trustees, you are responsible for the preparation ofthe accounts in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to.. examine the accounts under section 65 of the Charities Act follow the procedures laid down in the general Directions given by the Commission under section 6519)(bl of the Charities Act state whether particular matters have come to my attention. Basis of independent examiner's 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(9llbl of the Charities Act. 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 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.. 1. 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 examiner's statemen I liave com leted my examination a connectio with following the Directi that requ drawing lo your attention. ave no concerns in respect of the matters {1 } to14) listed above and, in of the Charity Commission for Northern Ireland, I have found no matters Hons FCA for and on behalf of David Lyttle + Co Lt Chartered Accountants Statutory Auditors Date 2*-tr -2ozr 15 Meeting Street Magherafelt Co Londonderry BT45 6BN
Receipts and Payments Account for the year ended 31 December 2024 Unrestricted Funds 2024 Restricted Funds 2024 Total Total Note 2024 2023 Recei Freewill offerings Loose collections Special Collections Gift aid rebate (including GASDS) HMRC Gift aid interest New hall building fund Disabled Toilet Block fund Bank & Deposit interest Investment income Other receipts Receipts regarding Parish Organisations Total Recei ts 19,524.10 1,066.00 91.00 4,940.77 1g,524.10 19,296.00 1,066.00 770.20 787.00 553.50 4,g40.77 4,866.50 70.07 300.00 696.00 1,050.00 4,203.03 326.56 1,050.00 4,203.03 346.41 272.79 3,144.62 2,903.88 14,189.19 11,248.30 542.90 542.90 554.09 6,818.49 49,7g4.02 40,835.33 19.85 3,144.62 14,189.19 42,975.53 Pa ments Diocesan Assessment Church & Hall Running Costs Sunday School expenses Administration Costs Charitable Donations Payments regarding Parish Organisations Total Pa ments 21,388.00 6,979.10 231.50 10,081.98 110.00 21,388,00 20,585.00 8,979.10 8,528.12 231.50 284.33 10,081.98 10,679,54 3g6.00 506.00 767.50 450.00 450.00 450.00 846.00 39,636.58 41,294.49 10 38,790.58 Excess of Receipts over Payments for tlie year before transfers 4,184.95 5,972.49 10,157.44 {459.161 Capital payments Capital Grant received Benefact grant Traiisfers 8,425.47 9,208.03 17,633.50 2,100.00 Excess of Receipts over Payments for the year (4,240.521 {3,235.541 (7,476.06) 1,640.84 Signed oli Behalf of the Trustees Reveren Trustee Millar Robin Clark Trustee Date: Ik< Lf- 30 ><
STATEMENT OF ASSETS & LIABILITES AS AT 31 December 2024 Unrestricted Restricted Funds Funds 2024 2024 Total Funds Total Funds 2024 2023 Funds Reconciliation Bank and Cash at start of year Net movement in funds 27,812.21 27,463.31 55,275.52 {4,240.52) {3,235.54) 17,476.06) 53,634.68 1,640.84 Bank and Cash at end of year 23,571.69 24,227.77 47,799.46 55,275.52 Bank & Cash Balances Current Accounts Deposit Accounts Cash 14,853.89 8,717.80 685.71 23,542.06 15,539.60 24.392.22 32,259.86 30,883.30 Total Cash Funds 12 23,571.69 24,227.77 47,799.46 55,275.52 OTHER ASSETS liivestinent Assets Investments in RCB I CIT Unit Trusts Other unlisted investments Total Investment Assets 110,152.17 110,152.17 107,895.66 14 110,152.17 110,152.17 107,895.66 Assets retained for the Parish's own use Glebe land Car park Equipment Disabled Toilet Block Total Assets retained for tha Parish's own use 90,000.00 63,379.00 1,330.00 15,533.50 90,000.00 90,000,00 63,379.00 63,379.00 1,330.00 1,330.00 15,533.50 13 170,242.50 170,242.50 154,709.00 Signed on Behalf of the Trustees Rever Trustee ary Millar Robin Clark Trustee Date:
Notes to the financial statements for the year ended 31 December 2024 1. Accounting policies Set out below are the principal accounting policies wh ich have been adopted in the compilation of the Receipts and Payments Account and the Statement of Assets and Liabilities {al 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 basis. (bl 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 payments basis it 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 disclosed on the Statement of Assets & Liabilities. {il Assets retained for the Parish's own use The asbets of the Parish, retained for ils own use comprise'.- Church Buildings and Graveyard Parish Ha51 Car Park Glebe land Disabled Toilet Block The Church Building and Graveyard are deemed lo be Heritage assets as defined by the Charities SORP I FRS1021. 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 benefit to the users of the accounts and to the parish. The Parish Hall is 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 lo the users of the accounts and to the parish. The Glebe land has been recognised at a value which the select Vestry deem to represent the estimate fair value of the property at 1 January 2017. The value of the car park has been recognised at cost. The value of the disabled toilet block has been recog nised at cost. ii) Investments Fixed asset investments comprising investment properties, investments in equities (ordinary shares) and investment in RC BIC IT Unit Trusts are initially recorded at cost and are then subsequently 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 statements for the year ended 31 December 2024 (continued) 2. Special collections Unrestricted Restricted 2024 2024 Total 2024 Total 2023 Bishops, Appeal Lent Boxes Leprosy Mission Poppy Appeal TOTAL 300.00 200.00 110.00 86.00 696.00 300.00 291.00 110.00 86.00 787.00 240.00 276.00 91.00 37.50 553.50 91.00 3. New Hall building fund Unrestrlcted Restricted 2024 2024 Total 2024 Total 2023 Donation In lieu of flowers - Late Jean Mulholland I n lieu of flowers - Late Ellen Clark 250.00 250.00 300.00 800.00 1050.00 800.00 1050.00 300.00 4. Investment Income Unrestrlcted Restrlcted 2024 2024 Total 2024 Total 2023 RCB Glebe Sale interest RCB investment income Col Trustees investment income TOTAL 2,866.83 200.03 77.76 3 144.62 2,866.83 2,642.86 200.03 184.40 77.76 76.62 3 144.62 2 903.88
Notes to the financial statements for the year ended 31 December 2024 (continued) 5. Other receipts Unrestricted Restricted 2024 2024 Total 2024 Total 2023 Aluminium cans Auction 2023 Baptism thanks offering Burial & Grave Fees Calander 2025 Clothing Bank Coach to Londonderry Daffodil tea Donation Doiialion - Barkley family Tyanee Donation Calvin family repair fund Donation - Harvest Donation for Leprosy Mission Easy Fund Raising Energy support grant- Church Energy support grant- hall Kilrea for slationerylphotocopier Tamlaght Upper for slationerylphotocopier Land rental Parish News Pew Bibles RCB revenue grant Table Quiz Treasure Hunt Use of hall Wedding thanks offering TOTAL 60.00 2,100.00 60.00 2,100.00 80.00 2,805.00 2,075.00 2,725.00 672.00 280.00 430.00 2,805.00 2,725.00 672.00 280.00 430.00 1,196.00 460.00 50.00 50.00 100.00 30.00 100.00 53.88 600.00 600.00 981.71 981.71 1,300.00 530.00 578.00 667.00 200.00 100.00 350.00 385.00 440.00 180.00 150.00 150.00 14 189.19 11248.30 34.75 34.75 828.72 828.72 1,500.00 785.00 828.72 828.72 1,500.00 785.00 200.00 350.00 440.00 150.00 14 189.19 6. Recelpts regarding Parlsh Organisations Unrestricted Restricted 2024 2024 Total 2024 Total 2023 Sunday School Projects TOTAL 542.90 542.90 542.90 542.90 554.09 554.09 7. Church & Hall running costs Unrestricted Restricted 2024 2024 Total 2024 Total 2023 Church carpark lights Ear piece for mic Electricity Fire protection Insurance Repairs painting Church Painting Church plant hire Sundry expenses Topping Yew trees Vestry carpets Water rates TOTAL 1,020.00 100.00 2,498,08 100.00 2,498.08 1,921.18 68.40 1,314.91 1,232.72 2,500.00 3,000.00 330.00 60.00 690.00 1,314.91 2,500.00 69.40 69.40 280.00 216.71 6,979.10 280.00 216.71 6,979.10 205.82 8 528.12
Notes to the financial statements for the year ended 31 December 2024 (continued) 8. Sunday school expenses Unrestrlcted Restricted Restricted 2024 2024 2024 Total 2023 Easter eggs Prizes Selection Boxes TOTAL 51.00 122.00 58.50 231.50 51.00 122.00 58.50 231.50 58.19 178.14 48.00 284.33 9. Administration costs Unrestricted Restricted 2024 2024 Total 2024 Total 2023 Audit & accountancy Bank fees Bible notes Calander 2025 Coach to Londonderry Communion Wine Confirmation Bibles Coronation pens Donation - Charlotte Dowie Donation in lieu of flowers First aid kits Flowers Mothering Sunday FWO Envelopes Gifts Grave invoice book Grave register Grave registration advert Groundsmen lope MagazinelFaithful Queen I nlernet security Kilrea Rectory 113 IT expenses Kilrea Rectory 113 repairs Kilrea Rectory 113 running costs Kilrea 113 Church Robes Office allowance Ofganisl Parish News article Pew Bibles Photocopier costs Photocopier Printing- Parish News Slalionery & postage Sundry expenses Visiting preachers TOTAL 720.00 147.93 720.00 147.93 690.00 131.59 13,99 615.00 380.00 615.00 380.00 22.50 110.96 69.60 100.00 30.00 9.98 150.00 150.00 36.00 259.38 36.00 259.38 259.38 100.00 114.00 114.00 17.00 120.00 600.00 120.00 600.00 600.00 58,57 34.99 34.99 152.00 152.00 641.65 157.00 1,238.28 2,131.83 106.67 300.00 300.00 1,950.00 2,200.00 51.99 49.99 626.48 418.33 810.00 1,100.00 485.35 34.gg 152.00 641.65 1,238.28 106.67 300.00 1,950.00 51.99 574.19 574.19 1,310.00 471.50 23.40 85.00 10,081.98 1,310.00 471.50 23.40 85.00 10,081.98 10,679.54 12
Notes to the financial statements for the year ended 31 December 2024 {continuedl 10. Charitable donations Unrestricted Restricted 2024 2024 Total 2024 Total 2023 Bishops, Appeal Church Army Crosslinks Irish Church Missions Leprosy Mission Poppy Appeal Shoe Box appeal Total 240.00 100.00 100.00 100.00 100.00 37.50 90.00 767.50 100.00 100.00 100.00 100.00 110.00 86.00 110.00 86,00 110.00 506.00 110.00 110.00 396.00 11. Payments regarding Parish Organisations Unrestricted Restricted 2024 2024 Total 2024 Total 2023 Sunday School Projects Donations TOTAL 450.00 450.00 450.00 450.00 450.00 450.00 12. Movement in Cash Funds At1Jan Incoming Outgoing Transfers 2024 Resources Resources At 31 Dec 2024 Restricted funds Special Collections Sunday School Church repairs fund New Hall building fund Benefact Capital grant - disabled toilets Disabled Toilet Block Other amounts for specific expenditure 696.00 542.90 396.00 450.00 300.00 385.71 292.81 2,905.00 22,165.50 12,905.001 1,376.56 23,542.06 2,100.00 (2,100.00) 9,208.03 5,005.00 4,203.03 27,463.31 6,818.49 10,054.03 24,227.77 Unrestricted funds General Fund 27,812.21 42,975.53 47,216.05 23,571.69 27,812.21 42,975.53 47,216.05 23,571.69 Total funds 55,275.52 49,794.02 57,270.08 47,799.46 Pur oses of Restricted Funds Sunday School.. This is a fund for the use of the Sunday School for charitable projects Church Repair fund.. This fund is to be used for Church Building repairs New Hall Building Fund.. This is a fund to assist with the cost of building a new hall Benefact Ca pita I gra nt.. This has been used for disa bled toilets Disabled Toilet Block.. This has been used for disabled toilets 13
Notes to the financial statements for the year ended 31 December 2024 (continued) 13. Assets retained for the Parish's own uso Disabled Toilet Block Glebe Land Car park Equipment Total Opening cost at 1 Jan 2024 90,000.00 63,379.00 1,330.00 154,709.00 Additions Capital Grant 17,633.50 {2,100.00) 17,633.50 {2,100.00) 15,533.50 15,533.50 Closing cost at 31 Dec 2024 90,000.00 63,379.00 1,330.00 15,533.50 170,242.50 14. Investment Assets CIT Invostment Repre$entatlve Church Body Total Opening value at 1 Jan 2024 3,256.70 104,638.96 107,895.66 Chaiiges in valuation Additions Disposals 313.74 1,942.77 2,256.51 Closing value at 31 Dec 2024 3,570.44 106,581.73 110,152.17 15. Transactions with the Trustees No trustee received any remuneration during the year except for one trustee who received payment of £13,326 for the building of a disabled toilet block. The Parish paid a contribution of £2, 031.93 towards Kilrea rectory which is occupied by the Rector, Running costs £1,238.28, repairs £641.65 and rectory IT expenses £152. The Rector was paid £300 being office expenses payment. 16. Governance Costs Governance costs of £300 were incurred during the year of which £300 relates to fees paid to the independent examiner. Governance costs are included within Administration costs in the Receipts and Payments Accounts 14