Parish of Tamlaght O'crilly Upper Trustees, Annual Report and Statement of Receipts and Payments and Assets and Liabilities For the year ended 31 December 2023 Charltlos Number: NIC104702
Parish of Tamlaght O'crilly Upper Annual report and flnanclal statements for the year ended 31 December 2023 Contents Pages References and administrative details of the Charity Trustees, report Independent Examiner's Report to the Trustees Receipts and payments account ststement of assets and liabilities Notes to the financial statements 9-14
Parish of Tamlaght O'crilly Upper References and administrative detalls Charity Name: Parish of Tamlaght O'crilly Upper Charity Registration Number: 104702 Contact Address: 15 Moyagoney Road Upperlands Maghera County Londonderry B T46 5XN Trustees Mr William Anderson Mr Archie Campbell Dr Sylwia Rowe Mrs Vicky Seviour-Crock8tt Mr William Crockett Mrs Mary Graham Mr Trevor Jones Mrs Ruth Lamont Mrs Fiona Lennox Miss Hannah Lennox Mr James Lennox Mr Cecil Mccombe Mrs Jean Mccombe Mrs Melissa Mccombe Mr Trevor Mccombe Mrs Caroline Neely Prlnclpal Offlce-bearers Clergy Honorary Treasurer Honorary Secretary Rectorfs Church Warden People's Church Warden Rev Gary Millar Mrs Caroline Neely Mrs Vicky Seviour-crockett Mr Cecil Mccombe Mrs Caroline Neely Independent Audltor David Lyttle + Co Ltd 15 Meeting Street Magherafelt Co Londonderry BT45 6BN Prlnclpal Bankers Danske Bank Donegall Square West Belfast BT16JS
Parish of Tamlaght O'crilly Upper Trustees. Annual Report for the year ènded 31st December 2023 The Trustees present the annual report and statements of Receipts and Payments and Assets and Liabilities for the Church for the year ended 3151 December 2023 Objectlves and Actlvlties The charitable purpose of the Church of Ireland is the advancement of religion. The principal function of the Parish of Tamlaght O'crilly Upper 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 and engaging with society as a whole and offering support for those needing help and fundamental to the practical deliv8ry of the benefits of Christianity. As a result of activity in the pursuit of the advancement of the Christian religion, the Parish of Tamlaght O'crilly Upper has custody of property and of records, materials and artefacts of significance to the cultural and religious heritage and maintenance of which in undertaken by the Select Vestry of the Parish of Tamlaght O'crilly Upper. Achlevements, Performance & Publlc Beneflt The Parish holds public worship at a variety of services each week throughout the church year- Holy Communion, Morning and Evening Prayer, Baptisms, Marriages and Funerals. There are services focussing on Advent, Christmas, Lent, Easter, Harvest, Young Peoples Service etc. This year of 2023 things in our church life had come back to our usual way of worshipping. A special service to C81ebrate the Coronation of our new Monarch King Charles111 was held in May and was attended by the Lord Lieutenant and Deputy for County Londonderry. In June Bishop Andrew Forster led the service of confirmation of sixteen young people and adults. The purpose of our charitable fund raising is not only for our own costs, for exampla the Building Fund, but also for a variety of needs, Bishop's Appeal, Leprosy, CMSI, Christian Aid and others. Our building fund has concentrated in the past on the practical rebuild of our Church Hall and now concentrates on tha upkeep of the church and general maintenance with new windows being the next project. There are seven windows in total and four so far have been replaced. The other three are to be done in due course. At all times we keep in mind our Safe Guarding Trust policy, Health and Safety requirements and catering regulations. Flnanclal Revlew The results for the year are set out on page 7, which the Trustees consider to be salisfactory. 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 - see note 13. Golng Concern The Trustees h8ve raviewed the budgets for the year ahead and are satisfiad that there are adequate funds in place to ensure thal the Parish can continue ils activities and the financial statements for the year ended 31 December 2023 can be signed off as a going concern. Structura, Governance and Management Governlng Document and Constitutlon of the Charlty Chapter111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The Select Vestry members are the Charity Trustees. Recruitment and Appolntment of Select Vestry (Trustees) All members of the Church of Ireland who are over the age of 18 who are annual subscribers of a sum not less than £50.00 per annum and are either resident within the parish or live elsewhere but have been accustomed members of the congregation 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 th8 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.
Parish of Tamlaght O'crilly Upper . Trustees, Annual Report for the year ended 31 December 2023 (continued) 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 Ihe number of terms which may be served. Organlsatlonal 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 the clergy serving in the parish, any curate assistant ("the curate.), the churchwardens, the glebe wardens and generally not more than e1ve other members of the General Vestry elected at the General Vestry Meeting. The Select Vestry meetings have been chaired by our rector the Rev Gary Millar. The Select Vestry meets at times fixed by the members of by the Diocesan Synod. Special meetings may be convened at any time by the chairperson or churchwardens. In 2023 the Select Vestry met five times through the year and the average attendance was 70°/0. Compllance wlth Publlc Benefft 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, Statement of Trustees, Responslbllltles 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 regulatlons. The law applicable to charities in Northern Ireland wlth 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 flnancial 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 al 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 th8 prevention and detection of fraud and other irregularities. Slgned on Behalf of the Trustees Rev Gary Mlllar Trustee Carollne Neely Trustee Date 22 Aprll 2024
Parish of Tamlaght O'crilly Upper .Independent Examlner's Report to the Trustees of Parish of Tamlaght O'crllly Upper I report on the accounts of the Trust for the year ended 31 December 2023, which are set out on pages 7 to 14. Respectlve responslbllltles of charity trustees and examlner 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 65{9)(b} of the Charities Act stste whether particular matters have come to my attention. Basls of Independent examlner's report I have examined your charity accounts as required under section 65 of Ihe Charilles 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 informatlon needed for a proper understanding of the accounts to be reached. Indepen I have conn that ent examlnerfs statement pleted my ex mination and have no concerns in respect of the malters11) to14) listed above and, in n with followin the Directions of the Charity Commission for Northern Ireland, I have found no matters ire drawing to y r attention. eq Stephe McGeagh BA Hons FCA C on behalf of Davld Lyttle + Co Chartered Accountants Statutory Audltors 22 Aprll 2024 15 Meeting Street Magherafelt Co Londonderry BT45 6BN
Parish of Tamlaght O'crilly Upper Receipts and Payments Account for the year ended 31 December 2023 Unrestrlcted Restrlcted Funds Funds 2023 2023 Note Total Total 2023 2022 Recel ts Sustentation Plat8 collection Gift Aid - Small Donations Scheme Special Collections Building and maintenance fund Bank & Deposit interest Investment income Other receipts Receipts regarding Parish Organisations Total Recel ts 18.912.94 1,397.24 1,848.74 1,090.20 10,520.00 44.81 369.36 4,371.65 18,912.94 1,397.24 1,848.74 3,537.30 10,520.00 44.81 369.36 4,371.65 19,575.67 1,293.95 1,591.25 2,604.80 570.00 35.23 402.81 5,627.86 2,447.10 15,017.94 15,017.94 9,016.50 38,554.94 17,465.04 56,019.98 40,718.07 Pa ment8 Diocesan Assessment Church Running Costs Rectory Costs Hall Costs Administratlon Costs Charitable Donations Sunday School Costs Payments regarding Parish Organisations Total Pa ments 20,585.40 7,216.90 2,517.34 566.82 2,216.14 500.00 95.00 20,585.40 7,216.90 2,517.34 566.82 2,216.14 2,978.80 95.00 18,885.00 6,612.35 2,552.14 480.00 1,681.45 1,580.00 10 11 2,478.80 12 20,252,04 20,252.04 4,135.29 33,697.60 22,730.84 56,428.44 35,926,23 Excess of Recelpts over Payments for the year before transfers 4,857.34 {5,265.80) (408.46) 4,791,84 Capltal paymants (Church Wlndows) Transfers Excess of Recelpts over Payments for the yaar (15,360.00) (15,360.00) 15,360.00 15,360.00 15 13 4,857.34 (5,265.80) (408.461 4.791.84 Slgned on Behalf of the Trustees Rev Gary Mll Trustee Carollne Neely Truste8 Date 22 Aprll 2024
Parish of Tamlaght O'crilly Upper Statement of Assets and Liabllities as at 31 December 2023 Notes Unrestricted Restrlcted Funds Funds 2023 2023 Total Funds Total Funds 2023 2022 Funds Reconcillatlon Bank and Cash at start of year Net movement in funds 25,822.24 14.678.95 40,501.19 35,709.35 4,857.34 {5,265.801 1408.46) 4,791.84 Bank and Cash at end of year 30,679.58 9,413.15 40,092.73 40,501.19 Bank & Cash Balances Current Accounts Deposit Accounts Cash Total Cash Funds 30,679.58 9,413.15 40,092.73 40,501.19 30,679.58 9,413.15 40,092.73 40,501.19 OTHER ASSETS Investment Assets Investments in RCB I CIT Unit Trusts Total Investment Assets 15 275,297,93 275,297.93 268,440.99 275,297,93 268,440.99 275,297.93 Assets r•taln•d for the Parlsh's own use Church Hall Rectory Glebe Land Glebe Cottage Fixtures and Fittings Total Assets retalned for the Parlsh's own use 310,681.58 310,681.58 310,681.58 216,000.00 216,000.00 216.000.00 9,956.90 9,956.90 9,956.90 14 536,638.48 536,638.48 536,638.48 Slgned on ehalf f Ihe Trustees Rev Gary Trustee Carollne Neely Trustee Date 22 Aprll 2024
Parish of Tamlaght O'crilly Upper Notes to the flnanclal statements for the year ended 31 December 2023 1. Accounting policies Set out below are the principal accounting policies which have been adopted in the compilation of the Receipts and Payments Account and the Statement 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 receipts basis. (b) Statement of Assets and Llabllllles (l) Assets retalnod for the Parlsh's own use The assets of the Parish retained for its own use comprise:. Church Buildings and Graveyard Parish Hall Glebe Land Fixtures and fittlngs The Church Buildings and Graveyard 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 nol 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 has been recognised at Its Insurance value. Glebe land has been recognised at a value which tha Select Vestry deem to represent the estimated fair value of the property at 1 January 2018. No depreciation has been provided on this building as the current estimated rasidual value is not less than its carrying value and the remaining useful life currently exceeds 50 years. Fixtures and fittings are state at cost. 11> Investments Fixed asset investments comprising investment properties, investments in equities {ordinary shares) and Investment in RCBICIT Unil Trusls are initially recorded at cost and are then subsequently slated at fair value al each year end date. Investments in unquoted investments are recorded at cost and are assessed annually for impairment.
Parish of Tamlaght O'crilly Upper Notes to the financlal statements for the year ended 31 December 2023 {contlnued) 2. Speclal collectlons Unrestrlcted Restrfcted Total Total Donor 2023 2023 2023 2022 Harvest Bishop's Appeal - Envelopes Christian Aid Poppy appeal Charis Fun Run CMSI Prolect Derry & Raphoe Ministry Teaching Youth Enrolment Collection TOTAL 1,090.20 152.00 527.30 490.60 100.00 515.00 1,242.20 527.30 490.60 100.00 515.00 1,185.80 215.00 55.00 94.00 780.00 275.00 474.20 188.00 2,447.10 474.20 188.00 3,537.30 1 090.20 2,604.80 3. Bulldlng and malntenance fund Unrastrlcted Restrlcted Total Total Donor 2023 2023 2023 2022 Hall fund donations Vintage Group TOTAL 520.00 10,000.00 10,520.00 520.00 10,000,00 10,520.00 570.00 570.00 4. Othor racelpts Unrestrlcted Restrlcted Total Total Donor 2023 2023 2023 2022 Glebe land letting Church of Ireland Gazettes NIE Wayleave Parish News subscriptions Graveyard fees Covid 2020 Rebate Sundry Derry & Raphoe Covid Granl Derry & Raphoe Grant Bowling Club Donation TOTAL 2,308.00 145.00 13.65 205.00 400.00 2,308.00 145,00 13.65 205.00 400.00 2,308.00 125.00 12.45 220.00 330.00 1,528.00 351.41 503.00 383.00 383,00 667.00 250.00 4,371.65 667.00 250.00 4,371.65 250.00 5,627.86 10
Parish of Tamlaght O'crilly Upper ,Notes to the flnancial statements for the year ended 31 December 2023 {contlnued) 5. Recelpts regarding Parlsh Organisatlons Unrestrlcted Restrlcted Total Total 2023 2023 2023 2022 Bowling Club Fund Ladies Fellowship Fund Tamlaght O'crilly Parish Vintage Group Fund TOTAL 1,465.80 1,465.80 600.00 13,552.14 15 017.94 13,552.14 15 017.94 8,416.50 9,016.50 6. Church runnlng costs Unrestrlcted Restrlcted Total Total 2023 2023 2023 2022 Electricity Insurance Innisrush Stationery & Magazines Water rates CCLI Ballymena Flre Extinguisher Repairs Sundry TOTAL 3,296.38 1,880.77 981.71 175.28 161.00 513.20 118.56 90.00 7,216.90 3,296.38 1,880.77 981.71 175,28 161.00 513,20 118.56 90.00 7 216.90 3,040.54 1,759.11 728.48 161.21 180.00 457.76 285,25 6,612.35 7. Sunday School costs Unrestrlcted Re3trl¢téd Total Total 2023 2023 2023 2022 Sundrles TOTAL 95.00 95.00 95.00 95.00 8. Rèctory cost8 Unrestrlcted Restrlctad Totsl Total 2023 2023 2023 2022 Rates Water Rectory Costs Kilrea (113) TOTAL 76.51 2,440.83 2,517.34 76,51 2,440.83 2,517.34 71.85 2,480.29 2,552.14
Parish of Tamlaght O'crilly Upper Not8S to the flnanclal statements for the year ended 31 December 2023 {continued) 9. Hall costs Unrestricted Restrlcted Total Total 2023 2023 2023 2022 Heating oil Sundries TOTAL 566.82 566.82 480.00 566.82 566.82 480.00 10. Admlnlstratlon costs Unrèstrlcled Restrlcted Total Total 2023 2023 2023 2022 Bank fees Donation envelopes Gazette Gift aid expenses Office expenses Accountancy Confirmation Expenses Sundry TOTAL 89.03 95.75 135.00 214.67 295.00 750.00 69.35 567.34 2 216.14 89.03 95.75 135.00 214.67 295,00 750.00 69.35 567.34 2,216.14 77.00 133.59 120.00 424.13 690.00 236.73 1681.45 11. Charltable donatlons Unrestrlcted Restrlcted Total Total 2023 2023 2023 2022 LPOS CMSI The Poppy Appeal Charis Fun Run Christian Aid Bishop's Appeal - Envelopes Boys Brigade Girl Guid8S Air Ambulance Fun Run Derry & Raphoe Ministry Teaching TOTAL 15.00 275.00 100.00 780.00 55.00 135.00 110.00 110.00 100.00 100.00 490.60 559.00 170.00 170.00 515.00 474.20 2,478.80 490.60 559,00 420.00 420.00 515.00 474.20 2,978.80 250.00 250.00 500.00 1,580.00 12. Payments regardlng Parlsh Organlsatlons Unrestrlcted Restrlcted Total Total 2023 2023 2023 2022 Bowling Club Fund Ladies Fellowship Fund Tamlaght O'crilly Parish Vintage Group Fund TOTAL 935.95 935.95 905.79 19,316.09 20,252.04 19,316.09 20,252.04 3,229.50 4,135.29 12
Parish of Tamlaght O'crilly Upper 4otes to the flnanclal statements for the year ended 31 December 2023 {contlnued) 13. Movement In Funds At1Jan Incoming Outgolng Resource Resource Transfer At31 Dec 2023 2023 Restrlcted funds Bowling Club Fund Tamlaght O'crilly Parish Vintage Group Fund Special Collections 1,061.69 1,465.80 935.95 1,591.54 13,380.26 237.00 14,678,95 13,552.14 19,316.09 2,447.10 2,478.80 17,465.04 22,730.84 7,616.31 205.30 9,413.15 Unrestrlcted funds General Fund Designated Funds {Building and Maintenance Fund) 25,822.24 38,554.94 33,697.60 30,679.58 25,822.24 38,554.94 33,697.60 30,679.58 Total funds 40,501.19 56,019.98 56,428.44 40,092.73 14. Assets retalned for the Parlsh's own use Church Hall Glebe Land Flxtures & Flttlngs Total Openlng cost at 1 Jan 2023 Addltlons Dlsposals 310,681.58 216,000.00 9,956.90 536,638.48 310,681.58 216,000.00 9,956.90 536,638.48 Closlng cost at 31 Dec 2023 310,681.58 216.000.00 9,956.90 536.638.48 15. Investment Assets CIT Investment Representative RCB Deposit Church Body Account Total Opening cost at l Jan 2023 Interest Changes In valuatlon Transfer to Current Account 12,648.06 10,876.92 251,772.95 7,590.46 275,297.93 7,590.46 912.60 586.10 326.50 15,360.00 244,003.41 15,360.00 268,440.99 C105ing cost at 31 Dec 2023 13,234.16 11,203.42 13
Parish of Tamlaght O'crilly Upper otes to the financlal statements for the year ended 31 December 2023 (contlnued) 16. Transactlons wlth the Trustees There were no transactions with the Trustees during the year. No trustee received any remuneration or reimbursement of expenses during the year. 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