2022-12-31-accounts

St Columba's Parish Church, Ballynascreen Trustees, Annual Report and Statement of Receipts and Payments and Assets and Liabilities For the year ended 31 December 2022 Charities Number: NIC 104701

Annual report and financial statements for the year ended 31 December 2022 Contents Pages References and administrative details of the Charity Trustees, report Independent Examinerfs Report to the Trustees Receipts and payments account Statement of assets and liabilities Notes to the financial statements 9-11

References and admlnistrative details Charity Name.. St Columba's Parish Church. Ballynascreen Charity Registration Number.. NIC 104701 Contact Address: The Rectory 12 Rectory Road Tobermore Magherafelt BT45 5QP Trustees Rev Rosie Diffin Mr James Henderson Mrs Margaret Henderson Mrs Patience Holt (deceased May 2022) Ms Margaret Johnston Mrs Rhonda McKee Ms Ann McKeown Ms Kathleen McKeown Ms Mary McKeown Mr David Wallace Prlnclpal Office-bearers Clergy.. Honorary Secretary.. Honorary Treasurer.. Rector's Church Warden.. People's Church Wardens". Rev. Rosie Diffin Ms Margaret Johnston Ms Kathleen McKeown Mr David Walla Mr Jarnes Hendersonl Ms Mary McKeown Independent Examiner W McGillian & Co. Ltd 5 Tobermore Road Draperstown Magherafelt BT45 7AG Principal Bankers Ulster Bank 20 Broad Street Magherafelt BT45 6JR

Trustees, Annual Re ort for the ear endad 31 December 2022 The Trustees present the annual report and statements of Re￿Ipts and Payments and Assets and Liabilities for St Columba's Parish Church, Ballynascreen, Draperstown for the year ended 31 December 2022. Ob'ectives and Activltles The charitable purpose of the Church of Ireland is the advancement of religion. The principal function of St Columba's Parish Church is to support the advan￿ment of the Christian religion by promoting, through the work of St Columba's Parish Church, the whole mission of the Church, pastoral, evangelical, 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 delivery of the benefits of Christianity. As a result of activity in the pursuit of the advancement of the Christian religion, St Columba's Parish Church has custody of property and of records, materials and artefacts of Significan￿ to the cultural and religious heritage and of which maintenance is undertaken by the Select Vestry of St Columba's Parish Church. Achievements Perfomiance & Public Benefit As a church we provide a weekly 5eNice of Morning Prayer and a once per month Servi￿ of Holy Communion. We also provide for baptisms, weddings, funerals and pastoral support. Usually for our children we run a weekly Sunday School which currently has seven children. For our other activities we have a Girls Friendly Society (in conjunction with our sister church in Kilcronaghan). Our Child Protection Policy is in accordance with the Safeguarding Trust policies of the Church of Ireland. As a parish we are active in raising funds and supporting the work of mission societies. We have mission partners whom we directly support as a parish. Financial Review Financial reports are reviewed throughout the year and a review on completion of the annual accounts. Total receipts for the year {£26,694) were greater than total payments (£22,994) increasing the total cash funds held by £3,700). Net assets at the year*nd were £393,502 (3111212022) Goin Concern The Trustees have reviewed the budgets for the year ahead and are satisfied that there are adequate fijnds in place to ensure that the Parish can continue its activities and the financial statements for the year ended 31 December 2022 can be signed off as a going con￿rn. Structure Governance and Mana ement Governin Document and Constitution of the Charl Chapter111 of the Constitution of the Church of Ireland govems Parishes and Parochial Organisation. The Select Vestry members are the Charity Trustees. Recrultment and A ointment of Select Vest 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 accustorned rnembers 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 hold their positions for a

period of one year. Select Vestry members may be re*lected annually and there is no limit on the number of terms which may be served. Pa and Remuneration The Rector is not paid directly by the Parish. A monthly assessment is paid to the Diocese which comprises Stipend, Locomotory Allowan￿, Employerfs National Insurance and Employers Clergy Pension Contributions. Or anisational 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 Parish, the Church Wardens and generally not more than twelve other members elected at the General Vesty. The Select Vestry is chaired by the Incumbent. 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 be applied. The Select Vestry meets at times fixed by the members. Special meetings may be convened at any time by the chairperson, the Secretary or the Church Wardens. Com liance with Public Benefit St Columba's Parish Church 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. There continues to be no private gain to any individual member. Statement of Trustees, Res onsibilities The Trustees are responsible for preparing the Trustees, Report and the statement of receipts and payments and statement of assets and liabilities in accordan￿ with applicable law and regulations. The law applicable to charities in Northern Ireland 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. 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 safeguarding 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 Ms Kathleen McKeown Treasurer Rev Rosie Dlffln Rector Date: 'L

Independent Examlners Report to the Trustees of St Columba's Parish Church, Ballynascreen I report on the accounts of St Columba's Parish Church, Ballynascreen for the year ended 31 December 2022, which are set out on pages 8 to 14 Respectlve responsibilities of charity trustees and examiner As the charity's Trustees, you are responsible for the preparation of the accounts in accordan￿ 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 65(9){b) of the Charities Act state whether particular matters have come to my attention. Basis of independent examlner'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(9)(b) 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 examlner's statement I have completed my examination and have no concems in respect of the matters (1) to (4) listed above and, in onnection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Date IÉ thGfcIL 90¥ for and on behalf of W Financial Accountants cGillian & Co. Ltd Unit A2 5 - 7 Tobermore Road Draperstown Co Londonderry BT45 7AG

Recelpts and Payments Account for the year ended 31 December 2022 Unrestricted Restricted Endowment 2022 2022 2022 Total 2022 Total 2021 Note Receipt Donations Other Receipt Rental of Land RCB Grant Bank Interest Grave Fee Investment Income Total Receipts 20,639 266 700 1,550 64 300 1,542 1,618 22,257 266 700 1,550 79 300 19,275 22,606 700 15 40 33 Payments Diocesan Assessment Running Costs Rectory Costs Maintenance Costs Charitable Donations Administration Costs Disposables Choirlband payments Bank Charges Total Payments 10,146 1,740 924 5,630 10,146 1.740 924 5,630 899 3,290 63 220 82 9,006 298 621 24,545 1,501 5,199 899 3,290 63 120 82 100 109 SurpluslDeficit of Receipts and Payments for the year Signed on behalf of the Trustses: Ms Kathleen McKeown Trustee Rev Rosie Diffin Rector Date:

Statement of Assets and Liabilities as at 31 December 2022 Unrestrlcted Restricted Funds Funds 2022 2022 Endowment Funds Total Total Notes 2022 2022 2021 Cash Funds Bank Accounts Cash on Hand Total Cash Funds 47,054 35 11,698 35 58,752 70 55,072 346 47,089 11,733 58,822 55,418 Investment Assets Investments in RCB Unit Trusts Investments in CIT Unit Trusts NFU Mutual Mixed Portfolio Total Investment Assets 247,835 247,835 266,973 10,784 10,784 12,321 51.061 51,061 55,058 10 51,061 258,619 309,680 334.352 Assets retsined for the Parish's own use Fixtures & Fittings Church Plantation (small area of land beside church) Total Assets retalned for the Parish's own use 5,000 5,000 5,000 20,000 20,000 20,000 11 25.000 25,000 25,000 Total Assets 123,151 11,733 258,619 393.502 414,770 The funds of the parlsh Endowment funds 258,619 258,619 123,151 11,733 279,294 124,393 11,083 Unrestricted funds 123,151 Restricted funds 11,733 Total charity funds 123,151 11,733 258,619 393,503 414,770 Signed on Behalf of the Trustees Ms Kathleen McKeown Trustee Rev Rosie Diffin Rector Date: yf . yknJ- ts13

Notes to the financial statements for the year ended 31 December 2022 1. Accountlng policies Set out below are the principal accounting policies which have been adopted in the compilation of the Receipts and Payments Account and the Ststement of Assets and Liabilities (a) Recelpts and Payments Account All items of income and expenditure included within the Receipts and Payments Account have been accounted for on a cash re￿iptS basis. (b) Statement of Assets and Liabilities (i) Assets retained for the Parish's own use The assets of the Parish, retained for its own use comprise: _ Church Buildings Small piece of land known as the Church Plantation Fixtures and fittings The Church Buildings are deemed to be Heritage assets as defined by the Charities SORP {FRS102). 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. Fixtures and Fittings in the churches are recognised at an estimate valuation provided by the Trustees. The Church Plantation has limited use to the Parish and is valued accordingly by the Trustees. The Mid Ulster Council uses part of it as a children's play area and pays an annual rent for its use. ii) Investments Fixed asset investments comprising investment in RCBICIT Unit Trusts as well as in NFU Mutual are stated at fair value at each year end date. Investments in unquoted investments are recorded at cost and are assessed annually for impairment. Ill) Endowment Funds Endowment funds are funds, the capital of which must be retained either permanently or at the congregation's discretion.. the income derived from the endowment is to be used either as restricted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place.

Notes to the financial statements for the 2. Donations ear ended 31 December 2022 continued Unrestricted 2022 Restricted 2022 Total 2022 Freewill Envelopes Annual Sustentations Mission Focus Loose Collections Gift Aid-small Donations and Planned giving Miscellaneous Donations 9,851 1,200 9,851 1,200 890 4,356 4,515 890 728 3,628 4.515 TOTALS 3. Other Receipts Covid Grant 266 266 TOTALS 4. Church Running Costs Church oil Electricity Water Rates Other Expenses 705 180 140 715 705 180 140 715 TOTALS 5. Rectory Costs Heating Oil Electricity Telephone [phone] 183 TOTALS 6. Maintenance Costs Church Repairs G￿5S Cutting 4,576 4,576 TOTALS 7. Charitable Donations Unrestricted Restricted 2022 2022 179.30 179.30 182.30 179.30 179.30 Total 2022 179.30 179.30 179.30 179.30 179.30 CMJ Ireland CMS Ireland Crosslinks SAMS Faith Mission TOTALS 8. Admlnlstration Costs Other Expenses Insurance Audit Fee Copyright Licence Gift Aid Administration Fee Sunday School Expenses Replacement laptop 89 1,757 330 217 307 261 329 89 1,757 330 217 307 261 329 TOTALS io

1. Movement in Funds At1Jan Incoming Outgoing Transfers 2022 Resources Resources At 31 Dec 2022 Restricted funds Charities 899 2,902 7,297 890 899 890 2,906 7,936 Organ Repair Fund St Anne's Fund 1,343 100 04 Total restricted 11,098 2.237 999 -604 11,732 Unrestricted funds General Fund 44,320 26,025 21,565 -1,690 47,089 44,320 26,025 21,565 -1,690 47,08g Total funds 55,418 28,262 22,564 -2.294 58,822 Pur oses of Restricted Funds Charities Fund - Monies for donations to charitsble and missionary organizations Organ Repair Fund- a fund to provide the maintenance of the church organ St Anne's Fund - a fund for the running and repair of St Anne's Church Note: Unrestricted Balance = £47,944 - £890 Mission Funds + Cash £35 = £47,089 Restricted Bank Balance - St Annes £7.901 +Cash £35 + Organ Fund £2,906 +Mission Funds £890

2. Investment Assets NFU Mutual Mixed Portfolio CIT Unit Trusts RCB Unit Trusts Total Opening value at 1 Jan 2022 55,057.93 12,321.01 266,973.43 334352.37 Changes in valuation -3 996.88 1537.15 19 138.22 -24 672.25 Closing value at 31 Dec 2022 51,061.05 10,783.86 247,835.21 309,680.12 Changes in valuation are reflected directly to reserves as these are non- cash movements.

3. Assets retained for the Parish's own use Fixtures & Plantation Fittings Land Total Opening cost at 1 Jan 2022 5,000 20,000 25,000 Additions Closing cost at 31 Dec 2022 5,000 20.000 25,000
4. Transactions with the Trustees The parish paid expense5 Of £924.40 relating to the running costs of the Rectory which is occupied by the Rector. No trustee or a person related to a trustee had any personal interest in any contract or transaction entered into by the Charity during the year. 14 Ongoing repairs Repairs included a new oil tank and fitting cost £2,077.35 as well as work to the louvres in the tower. 1 S. Governanco Costs Governance costs of £330 were incurred during the yearwhich relates to fees paid to the independent examiner. Governan￿ costs are included within Administration costs in the Re￿ipts and Payments Accounts. 12