2022-12-31-annual-report

Parish of Errigal and Desertoghill, Garvagh Trustees, Annual Report and Statement of Receipts and Payments and Assets and Liabilities For the year ended 31 December 2022 Charities Number: NIC 104706

Annual report and financial ststements for the year ended 31 December 2022 Contents Pages References and administrative details of the Charity Trustees, report Independent Examiners Report to the Trustees Re￿Ipts and payments account Statement of assets and liabilities Notes to the financial statements 10-15

References and administrative details Charity Name: Parish of Errigal & Desertoghill, Garvagh Charity Registration Number: NIC 104706 Contact Address: St Paul's Rectory 58 Station Road Garvagh BT515LA Trustees Revd. Carmen Hayes Anne Andrews Vivian Church John Corner Philip Harding Pamela Hegarty Douglas McBride Raymond McFaul Mellissa McGurgan Sharman Wilson Barbara Andrews Helen Corner Hazel Gibson Alwyn Hayes Eleanor Livingston Elizabeth Mccafferty Sheila McFaul Ivan Morell Principal Office-bearers Clergy: Honorary Secretary: Honorary Treasurer: Rector's Church Wardens: People's Church Wardens: Revd Carmen Hayes Mrs Sharman Wilson Mr Alwyn Hayes Mrs Anne Andrews (Errigal), Elizabeth Mccafferty (Desertoghill) Mrs Elizabeth Mccafferty (Erri8al), Vivian Church (Desertoghill) Independent Examiner Dr. R I Peters Gallagher, OBE, FCA Moore(N.I.) LLP 32 Lodge Road Coleraine BT52 INB Principal Bankers Danske Bank The Diamond Coleraine BT52 IDE

Trustees, Annual Re ort forthe ear ended 31 December 2022 The Trustees present the annual report and statements of Receipts and Payments and Assets and Liabilities for the Parish of Errigal & Desertoghill for the year ended 31 December 2022 Ob'ertives and Activities The charitable purpose of the Church of Ireland is the advancement of religion. The principal function of the Parish Church is to support the advancement of the Christian religion by promoting, through the work of the 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 forthose 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 has custody of property and of records, materials and artefacts of significance to the cultural and religious heritage. The maintenance of these is undertaken by the Select Vestry of the Parish of Errigal & Desertoghill. Achlevements Performance & Public Benefit The Parish of Errigal & Desertoghill has been under the incumbency of Revd. Carmen Hayes from September 2019. As a church we provide a weekly service of Morning Prayer and a once per month service of Holy Communion. We also provide for baptisms, weddings. funerals and pastoral support. Our services We broadcast our services live on our Facebook page. Our church maintains a link with the other churches in the area. Our Rector visits church rnembers in hospitals, nursing and care homes as well as at home. Teaching continues in various formats. Sunday School meets prior to our church service eduring the school year. Our annual youth event SPARK took place in the summer. Our social organisations are important and the Mothers Union has partly returned after COVID while the Bowling Club is still to reopen. Our parish hall and our car park are used by other local community groups and organisations. Our Select Vestry organise and carry out repairs and maintenance to our two churches, the hall, the graveyard and the rectory. Our church continues to adhere to the Church of Ireland SafeguardingTrust Code of Conduct and Good Practice for all those working with children and vulnerable adults. The church organised a Flower Festival in October 2022. This event was successful from a financial point of view and also provided an opportunity for people to get involved and work together. The parish is considered to be in sound financial standing at the close of the financial year ending 31 December 2022.

Financial Review Financial reports are reviewed throughout the year and there is also a review on completion of the annual accounts. Total income (£115,421) for the year ended 315t December 2022 was higher than our total expenses {£91,492} by £23,929. The total value of cash funds held increased to £200,308. Goin 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 2022 can be signed off a5 a going concern. A problem with wood worm and dry rot in the church has been identified. It is hoped that work to fix this will commence in 2023. The first phase will cost around £90,000. Structure Governance and Mana ement Governin Document and Constitution of the Chari Chapter111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The Select Vestry members are the Charity Trustees. Recruitment and ointment of Selert Vest rustees 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 accustomed members 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-elected annually and there is no limit on the number of terms which may be senied. Pa and Remuneration The Rector is not paid directly by the Parish. A monthly assessment is paid to the Diocese which comprises Stipend, Locomotory Allowance, Employerfs National Insurance and Employer's Clergi Pension Contributions. Or anisational Strurture 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 Vestry.

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. In 2022 the Select Vestry met four during the year and the average attendance was 67%. Com liance with Public Beneflt The Parish of Errigal & Desertoghill 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 onslbllitles The Trustees are responsible for preparin8 the Trustees, Report and the statement of receipts and payments and statement of assets and liabilitles 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 asset5 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 tSme 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 Trustee I Trustee 2 Date: 18 JULY LOL3

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Receipts and Payments Account for the year ended 31 December 2022 Unrestrlcted Restrictsd Endowment Total Totsl Funds 2022 Funds 2022 Funds 2022 Note 2022 2021 Recei Envelope and plate collections Other donations Gift Aid Grants 46,297 150 12.601 1,510 4,751 23,245 1,782 51,048 23,395 14,383 1,510 14,915 1,488 447 8,235 115,421 52,014 1,010 8,941 20,050 Fundraising Missions and charity donations Bank Inte￿st Investment Income 14,915 1,488 40 192 424 10,632 93,262 407 7,355 68,320 880 Total Recei 47,101 Pa ments Diocesan Assessment Property maintenan Church running costs Rectory costs Missions and charity donations Sunday School SPARK Other church events Fundraising Costs Financial Charges Other Items Administration costs 47,468 764 4,437 3,059 209 47,468 16,831 4,551 3,059 3,247 533 3,175 289 5,019 428 46,085 23,361 3,797 3,255 1,742 697 16,067 114 3,038 533 3,175 289 5,019 1,943 165 419 173 107 6,667 87,992 6,892 63,248 6,892 91,492 Total Pa ments 28,244 Excess of Rèceipts over Payments for the year before transfers Transfers Excess of Receipts over Payments for the year 5,072 18,857 23,929 5,270 -1,550 450 -2,000 3,522 18,407 21,929 5,270 Signed on Behalf of the Trustees Trustee 1 Tru8t•e 2 Date

Statement of Assets and Liabilities a8 at 31 December 2022 Unrestricted Restricted Endowment Funds Funds Funds 2022 2022 Total Total Note8 2022 2022 2021 Cash Fund8 Current Accounts Deposit Accounts Total Cash Funds 59,503 17,192 76,695 97,046 26,567 123,613 156,549 43,759 200,308 134,740 43,639 178,379 Investment Assets Investments in RCB Unit Trusts Investments in CIT Unit Trusts Totsl Investment A889ts 167,480 167,480 178,383 93,116 93,116 104,002 260,596 260,596 282,385 Assets retsined for tho Parish's own uso Rectory Fixtures & Fittings Total As8•t8 retalned for the Parlsh's own u8• 175,000 5,000 175,000 5,000 175,000 5,000 180,000 180,000 180,000 Total A88ets 256,69S 123,613 260,596 640,904 640,764 Slgnod on Behalf of the Tru8tse8 Tru8tee 1 Trustee 2 Date: IY T￿LY l•L3

Notes to the financial statements for the year ended 31 December 2022 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 la) 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. The breakdown of the items of receipts and payments has been r￿lassIfied from the previous year in a more meaningful way. (b) Statèment of Assets and Liabllltles This yearfs report has been updated to reflect the complete analysis of assets and liabilities at 31 December 2022. li) Assets retained for the Parlsh's own use The assets of the Parish, retained ft)r its own use comprise'.- Church Buildings and Graveyard Church Hall Rectory Fixtures and fittings 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 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 Church 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 benefits of the users of the accounts and to the parish. The Rectory is valued at domestic rateable value. Fixtures and Fittings in the churches are recognised at an estimate valuation provided by the Trustees. ii) Investments Fixed asset investments comprising investment in RCBICIT Unit Trusts are stated at fair value at each year end date. lil) Endowment Funds The capital of Endowment Funds are to 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. 10

Notes to the financial statements for the year ended 31 December 2022 (continued 2. Envelope and Plate Collections Unrestrlcted 2022 Restricted 2022 Totsl 2021 Freewill Envelopes Building Fund Envelopes Loose Collections Moyletra - Harvest Thanksgiving Moyletra - Carol Service SPARK Collection Sunday School TOTAL 45,299.72 42,122.77 5,270.00 628.20 3,395.00 500.00 25.00 72.72 4,665.00 488.05 509.50 20.00 66.00 46,297.27 4 751.00 52,013.69 3. Gift Aid Unrestricted 2022 Restricted 2022 Total 2021 Freewill Offering Building Repair Fund Harvest Appeal Flower Festival TOTAL 11,850.39 7,935.55 729.25 275.00 1,068.75 750.00 713.75 12 600.39 1,782.50 8,939.80 4. Fundraising Unrestrlcted 2022 Restricted 2022 Totsl 2021 Flower Festival TOTAL 14,915.00 15 228.75 S. Property Maintenance Unrestricted 2022 Restricted 2022 Total 2021 St. Paul's Refurbishment of St Paul's church hall Replace Steel Railings Moyletra Church Roof Refurbishment Rectory TOTAL 2,959.42 208.62 2,986.84 2,604.13 8,482.93 5,000.00 5,010.81 1,452.00 811..01 764.00 7,506.00 2 405.96 764.00 16 066.84 23.360.88

1. Church Runnlng Costs Unrestricted 2022 Restrlcted 2022 Total 2021 Electricity Heating Oil Water Rates Organist Moyletra - Workmans Audio Promotions l DVDS Clerical Relief I Visiting Speakers TOTAL 1,412.16 979.43 225.62 1,420.00 685.91 1,136.28 184.55 1,060.00 149.92 179.81 400.00 113.94 400.00 113.94 3 796.47
2. Rectory Costs Unrestricted 2022 Restricted 2022 Total 2021 Electricity Heating Oil Rates TOTAL 1,028.82 1,299.38 730.96 803.44 1,732.50 719.29 3,059.16 3,255.23

3. Administration costs Unrestricted 2022 Restricted 2022 Total 2021 Printing and Stationery Insurance Telephone Independent Examination Copyright Licence Surefire Protection Rectorfs Office Allowance RCB - Gift Aid Charges Church of Ireland Trustees - Investment Costs Secretary's Expenses Sundry Expenses TOTAL 831.97 2,170.63 927.28 504.00 214.00 124.80 884.00 1,017.37 165.56 27.42 620.21 2,071.26 870.35 498.00 204.00 513.24 884.00 621.75 316.44 17.46 50.44 24.48 6.891.51 8 667.15 12

4. Movement In Funds At1Jan Incomlng Outgoing Transfer8 2022 Resources Resources At 31 Dec 2022 Restricted funds Building Repair Building Investment Missions 43,249 26,527 41,730 40 1,488 3,341 154 270 78 19,109 -2,000 63,870 26,567 3,038 2,100 1,550 Graveyard Parish Hall Parish Development Sunday School Bowling Club Total restricted 1,740 1,340 30,783 1,259 307 2,981 1,494 27.589 804 307 3.464 533 105,205 47,101 28,244 450 123,612 Unrestrbcted fund8 General Fund Fixed Term Deposit Moyletra Moyletra Deposit 49,000 5,996 7,062 11,116 66,510 62,241 -1,550 51,719 6,005 7,785 11,187 1,730 71 1,007 73,174 68,320 63,248 -1,550 76.696 Total funds 178,379 115,421 91,492 -2,000 200,308 Pur oses of Restricted Funds Building Repair and Hall Funds- This is money to assist with the cost of maintaining St Paul's Parish Buildings. Parish Development- Funds to develop church growth and interaction with the local community. Missions - Monies for donation to missionary organisations. Sunday School- A fund for the use of St. Paul's Sunday School Bowling Club- This is a fund for the use of the Bowling Club. 13

5. Investment Assets RCB Unlt Trusts CIT Unlt Trusts Total Openlng value at 1 Jan 2022 178,383.37 104,002.05 282,385.42 Changes in valuation Additions Adjustment Disposals -12,976.70 -12,886.34 2,000.00 -25,863.04 2,000.00 2,073.83 2,073.83 Closlng value at 31 Dec 2022 167,480.50 93,115.71 260,596.21 Changes in valuation are reflected directly to reserves as these are non- cash movement. The adjustment is to include Unit Trust for Moyletra not previously included.

6. Assets retalned for the Parlsh's own use Flxtures and Flttlngs Rectory Total Opening c08t at 1 Jan 2022 176,000 6,000 180,000 Additions Closlng cost at 31 Dec 2022 175,000 5,000 180,000

7. Reconclllatlon of Charlty Funds Balance brought forward 111122 640.764 Cash Surplus in year 21,929 Decrease in value of investments -21.789 Total charlty funds 31112122 638.904 Changes In the value of investments are reflected in reserves as these re non-cash transactlons. 14

8. Transactlons wlth the Trustees No trustee, apart from the Rector, re￿iVed any remuneration during the year. Expenses were paid to the Secretary (£27)..

9. Governance Costs Govemance costs of £504 were incurred during the year which relates to fees paid to the independent examiner. Governance costs are included within administration costs in the Receipts and Payments Accounts. 15