.1,, Y 2125 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 2024 Charltle8 Number: NIC104702
Parish of Tamlaght O'crilly Upper 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 Statement of assets and liabilities Notes to the financial statements 9-13
Parish of Tamlaght O'crilly Upper References and administrative details Charity Name: Parish of Tamlaght O'crilly Upper Charity Registration Number.. 104702 Contact Address: 15 Moyagoney Road Upperlands Maghera County Londonderry BT46 SXN Trustees Mr William Anderson MrArchie Campbell Dr Sylwia Rowe Mrs Vicky Seviour-crockett Mr William Crockett Mrs Mary Graham Mr Trevor Jones Mrs Ruth Lamont Mrs Fiona Lennox Mrs Hannah Mcllhatton Mr James Lennox Mr Cecil Mccombe Mrs Jean Mccombe Mrs Melissa Mccombe Mr Trevor Mccombe Mrs Caroline Neely Prlnclpal Offlce-bear8r8 Clergy Honorary Treasurer Honorary Secretary Rector's 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 Principal Bankers Danske Bank Donegall Square West Belfast BT16JS
Parish of Tamlaght O'crilly Upper Trustees, Annual Report for the year ended 31st 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 31st December 2024 Objectlves and Activities 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 delivery 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 propety 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, Perfomiance & 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. The purpose of our charitable fund raising is not only for our own costs, for example the Building Fund, but also for a variety of needs, Bishop's Appeal, Leprosy, CMSI, Christlan Aid and others. Our building fund has concentrated in the past on the practical rebuild of our Church Hall and now concentrates on the upkeep of the church and general maintenance with new windows being the main project. There are seven windows in total and four so far have been replaced. The other three are to be completed in early 2025. 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 satisfactory. 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 have reviewed the budgets for the year ahead and are satisfied that there are adequate funds in place to ensure that the Parish can continue its activities and the financial statements for the year ended 31 December 2024 can be signed off as a going concern. Structure, Governance and Management Governing Document and Constitution of the Charity Chapter111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The Select Vestry members are the Charity Trustees. Recrultment and Appointment 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 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-elected annually and there is no limit on the number of terms which may be served.
Parish of Tamlaght O'crilly Upper Trustees, Annual Report for the year ended 31 December 2024 (continued Organisational Structure The Selectvestry 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 2024 the Select Vestry met five times through the year and the average attendance was 700/0. Compllance wlth Public Beneflt 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 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. Slgned on Behalf of the Trustees Rev Gary Trustee lar Caroline Neely Trustee Date:
Parish of Tamlaght O'crilly Upper Independent Examiner's Report to the Trustees of Parish of Tamlaght O'crilly Upper I report on the accounts of the Trust for the year ended 31 December 2024, which are set out on pages 7 to 13. Respective responsibilities of charlty 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 65{9)(b) of the Charities Act state whether particular matters have come to my attention. Basis of independent examinerfs report I have examined your charity accounts as required under section 65 ofthe 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(91(b) of the Charities Act. My examination included a review ofthe 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 Ihavec mpleted my exam. nation and have no concerns in respect of the matters (1) to14} listed above and, in connec on with following t Directions of the Charity Commission for Northern Ireland, I have found no matters that re ire drawing to you ttention. cGeagh BA Hons F for and on behalf of David Lyttlg + Chartered Accountants Statutory Audltors Date: I1--) 15 Meeting Street Magherafelt Co Londonderry BT45 6BN
Parish of Tamlaght O'crilly Upper Receipts and Payments Account for the year ended 31 December 2024 Unrestricted Restricted Funds Funds 2024 2024 Total Note Total 2024 2023 Recei Sustentation Plate collection Gift Aid Gift Aid - Small Donations Scheme Special Collections Building and maintenance fund Bank & Deposit interest Investment income Other reIPtS ReIPtS regarding Parish Organisations Total Recei 16,829.57 1,419.84 2,425.00 1,682.34 1,245.00 10,490.00 69.54 377.01 13,431.10 16,829.57 1,419.84 2,425.00 1,682.34 3,513.05 10,490.00 69.54 377.01 13,431.10 16,916.69 1,397.24 1,996.25 1,848.74 3,537.30 10,520.00 44.81 369.36 4,371.65 2,268.05 41,294.76 41,294.76 15,017.94 47,969.40 43,562.81 91,532.21 56,019.98 Pa ment8 Diocesan Assessment Church Running Costs Rectory Costs Hall Costs Administration Costs Charitable Donations Sunday School Costs Payments regarding Parish Organisations Total Pa ments 21,388.20 10,505.58 2,220.70 433.27 2,217.79 719.11 75.92 21,388.20 10,505.58 2,220.70 433.27 2,217.79 3,192.46 75.92 20,585.40 7,216.90 2,517.34 566.82 2,216.14 2,978.80 95.00 10 11 2,473.35 12 38,667.62 38,667.62 20,252.04 37,560.57 41,140.97 78,701.54 56,428.44 Excess of Receipts over Payments for the year before transfers 10,408.83 2,421.84 12,830.67 1408.46) Capltal payments Transfers Excess of Receipts over Payments for the year {15,360.00) 15,360.00 15 13 10,408.83 2,421.84 12,830.67 (408.46) Signed on Behalf of the Trustee8 Rev Gary Mi Trustee Carollne Neely Trustee Date: )o'i£
Parish of Tamlaght O'crilly Upper . Statement of Assets and Liabilities as at 31 December 2024 Notes 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 30,679.58 10,408.83 9,413.15 40,og2.73 40,501.19 2,421.84 12,830.67 1408.46) Bank and Cash at end of year 41,088.41 11,834.99 $2,923.40 40,092.73 Bank & Cash Balance8 Current Accounts Deposit Accounts Cash Total Cash Funds 41,088.41 11,834.99 52,923.40 40,092.73 41,088.41 11,834.99 52,923.40 40,092.73 OTHER ASSETS Investment Assets Investments in RCB I CIT Unit Trusts Total Investment Assets 268,440.99 274,088.00 268,440.99 15 268,440.99 274,088.00 268,440.99 Assets retalned for the Parlsh's own use Church Hall Rectory Glebe Land Glebe Cottage Fixtures and Fittings Total Assets retalned for the Parish'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 Signed on Behalf of the Trustees Rev Ga Trustee Caroline Neely Trustee Date: gF IGX
Parish of Tamlaght O'crilly Upper Notes to the flnancial statements for the year ended 31 December 2024 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) 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. Ib) Statement of Assets and Liabilities 11) Assets retained for the Parish s own use The assets of the Parish retained for its own use comprise'.- Church Buildings and Graveyard Parish Hall Glebe Land Fixtures and fittings The Church Buildings and Graveyard are deemed to be Heritsge 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. The Parish Hall has been recognised at its insurance value. Glebe land has been recognised at a value which the 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 residual 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 equilies (ordinary shares) and investment in RCBICIT 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.
Parish of Tamlaght O'crilly Upper Notes to the financlal statements for the year ended 31 December 2024 (continued) 2. Special collections Unrestrlcted Restricted Total Total Donor 2024 2024 2024 2023 Harvest Bishop's Appeal - Envelopes Christian Aid Poppy appeal Charis Fun Run Derry & Raphoe Ministry Teaching Youth Enrolment Collection Leprosy Mission Tearfund TOTAL 1,245.00 1,245.00 408.16 284.00 92.70 1,020.00 1,242.20 527,30 490.60 100.00 515.00 474.20 188.00 408.16 284.00 92.70 1,020.00 233.69 84.50 145.00 2,268.05 233.69 84.50 145.00 3 513.05 1,245.00 3,537.30 3. Bulldlng and malntenance fund Unrestrlcted Re8trlcted Totsl Totsl Donor 2024 2024 2024 2023 Hall fund donations Vintage Group TOTAL 490.00 10,000.00 10 490.00 490.00 10,000.00 10,490.00 520.00 10,000.00 10 520.00 4. Other recelpts Unrestrlcted Restrlcted Total Total Donor 2024 2024 2024 2023 Glebe land letting Church of Ireland Gazettes NIE Wayleave Parish News subscriptions Graveyard fees Sundry Derry & Raphoe Grant Bowling Club Donation Cecil & Jean Mccombe Window Donations RCB Wndow Repairs Refund RCB Altar Cloth Reairs Refund TOTAL 2,820.00 140.00 13.90 230.00 800.00 233.00 2,820.00 140.00 13.90 230.00 800.00 233.00 2,308.00 145.00 13.65 205.00 400.00 383.00 667.00 250.00 1,000.00 3,745.00 3,200.00 1,249.20 13,431.10 1,000.00 3,745.00 3,200.00 1,249.20 13,431.10 4,371.65 10
Parish of Tamlaght O'crilly Upper Notes to the financial statements for the year ended 31 December 2024 Icontinuad) 5. Receipts regarding Parish Organisations Unrestricted Restricted Total Total 2024 2024 2024 2023 Bowling Club Fund Tamlaght O'crilly Parish Vintage Group Fund Tamlaght O'crilly Parish Vintage Group National Lottery Grant TOTAL 1,465.80 22,748.76 22,748.76 13,552.14 18,546.00 41,294.76 18,546.00 41294.76 15,017.94 6. Church runnlng costs Unrostrlcted Restricted Total Total 2024 2024 2024 2023 Electricity Insurance Innisrush Stationery & Magazines Water rates CCLI Ballymena Fire Extinguisher Repairs Sundry TOTAL 2,233.34 1,967.98 828.72 184.56 200.00 2,233.34 1,967.98 828.72 184.56 200.00 3,296.38 1,880.77 981.71 175.28 161.00 513.20 118.56 90.00 7 216.90 4,823.98 267.00 10 505.58 4,823.98 267.00 10 505.58 7. Sunday School costs Unrestricted Restricted Total Total 2024 2024 2024 2023 Sundries TOTAL 75.92 75.92 75.92 75.92 95.00 95.00 8. Roctory costs Unrestrlcted Restricted Total Total 2024 2024 2024 2023 Water Rectory Costs Kilrea (113) TOTAL 82.10 2,138.60 2 220.70 82.10 2,138.60 2,220.70 76.51 2,440.83 2 517.34
Parish of Tamlaght O'crilly Upper Notes to the financlal statements for the year ended 31 December 2024 (continued) 9. Hall costs Unrestricted Restricted Total Total 2024 2024 2024 2023 Heating oil Sundries TOTAL 433.27 433.27 566.82 433.27 433.27 566.82 10. Admlnlstratlon costs Unrestricted Restrlcted Total Total 2024 2024 2024 2023 Bank fees Donation envelopes Gazettee Gift aid expenses Office expenses Accountancy Confirmation expenses Sundry TOTAL 85.86 95.75 142.50 212.18 295.00 840.00 85.86 95.75 142.50 212.18 295.00 840.00 89.03 95.75 135.00 214.67 295.00 750.00 69.35 567.34 2 216.14 546.50 2 217.79 546.50 2 217.79 11. Charltable donatlons Unrestrlcted Restricted Total Total 2024 2024 2024 2023 The Poppy Appeal Charis Fun Run Christian Aid Bishop's Appeal - Envelopes Boys Brigade Girl Guides Air Ambulance Fun Run Derry & Raphoe Ministry Teaching Leprosy Mission Tearfund TOTAL 7.30 92.70 1,020.00 284.00 613.46 116.84 116.85 100.00 1,020.00 284.00 613.46 375.00 555.00 100.00 490.60 559.00 420.00 420.00 515.00 474.20 258.16 438.15 15.50 84.50 145.00 2,473.35 100.00 145.00 3,192.46 719.11 2,978.80 12. Payments regardlng Parlsh Organisations Unrestrlcted Restricted Total Total 2024 2024 2024 2023 Bowling Club Fund Tamlaght O'crilly Parish Vintsge Group Fund Tamlaght O'crilly Parish Vintage Group National Lottery Grant Expenditure TOTAL 935.95 20,121.72 20,121.72 19,316.09 18,546.00 38,667.72 18,546.00 38,667.72 20,252.04 12
Parish of Tamlaght O'crilly Upper Notes to the financlal statements for the year ended 31 December 2024 (continued) 13. Movement in Funds At1Jan Incoming 2024 Resources Outgoing Transfers Resources At 31 Dec 2024 Restrlcted funds Bowling Club Fund Tamlaght O'crilly Parish Vintage Group Fund Special Collections 1,591.54 1,591.54 10,243.45 7,616.31 205.30 9,413.15 41,294.76 2 268.05 43,562.81 38,667.62 2,473.35 41,140.97 11,834.99 Unre8tricted funds General Fund Designated Funds (Building and Maintenance Fund} 30,679.58 47,969.40 37,560.57 41,088.41 30,679.58 47,969.40 37,560.57 41,088.41 Total funds 40,092.73 91,532.21 78,701.54 52,923.40 Pur oses of Restricted Funds 8owling Club. This is a fund for the use of the Bowling Club. Tamlaght O'crilly Parish Vintage Group Fund.. This fund is for the use of the Group. Special collections relate to funds collected during the year for specific Church Charities which are then subsequently donated to these organisations. 15. Investment Assets CIT Investment Representatlve RCB Deposlt Church Bodv Account Total Openlng cost at l Jan 2024 Interest Changes In valuatlon Transfer to Current Account 13,234.16 11,203.42 244,003.41 8,617.52 14,449.201 268,440.99 8,617.52 12,970.511 1,275.11 203.58 Closing cost at 31 Dec 2024 14,509.27 11,407.00 248,171.73 274,088.00 16. Transactions with 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. 13