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
561
180
183
561
180
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

9. 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

10. 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.
11. 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
13. 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