Omagh/St Columba's/Derry/Church Of Ireland Trustees, Annual report and Financial Statements Forthe year ended 31 December 2025 Charities Number: NIC104764 ST COLUMBA'S CH U RCH OMAGH
Om3gh/St Columba's/Derry/Church Of Ireland Annual report and financial statements forthe year ended 31 December 2025 Contents Pa£e5 RefenceS and administrative details of the Charity Trustees, annual report 4-8 Independent Examiners Report to the Trustees Statement of financial activities io Balance sheet li Notes to the financial statements 12-21
Omazh/St Columba'slDerrylChurth Of Ireland Referen$ and zdmtnistrative detalls Charity Name". Omaghlst Columba's/Derry/church Of Ireland Charity Registration Number.. NICIQ4764 Contact Add$$. The Rettory 8 Mullaghmenègh Avenue Omagh BT78 SQ Twsteès All trustees who Served at anytirne duringthe yearand up to the date of signing the accounts are listed below.. Mr Irwin Brannig8n Mrs Lynne Brannigan Rev Alexander Chisn311 Mrs Ruth Elkin Mr Norm8n En8land- resigned April 2025 Rev Graharn Hare Mr Michael F43rt- $Sged April 2025 Mrs Sandra Isherwood Mr Marcus Isherwood Mr Wes Llndsay Mr Glen M¢Bride Mr Ryan McFaTland Mr Alan Mitchell Mr David Mitchell Mr Nigel Monteith Mrs Anna Moore- Appointed April 2025 Mr Nigel Strain Mr Cameron Turner-appointed April 2025 Mr Robert Wilkinso Mr Godfrey Young Prtncipal Office-bÈ4rer5 lat date of slgnin8) Chair.. Hon Secrtary.. on Tre?surer Rettors Church Warden: Peoples Church Warden= Rev Gr3ham Ha Mrs Sandra 15herbvood Mr Nigel Strain Mrs Anna Moo Mr Nlgel Montefch
Omaghlst Columba's/DerrylChurch Of Ireland Refereaces and administrative detaiLs Icontinuedl Independent Examiner Harnill Mcllw81ne Chartered Accountsnts 28-30 Old Mountfield Road Omagh BT79 7BJ Bankers Ulster Bank 4 High Street Omagh BT78 IBJ
Omagh/st Columba's/Derrylchurch Of Ireland Twstee< Annual Report for the year ended 31 December 2025 The trustees psent the annual report and financial statsments forthe St Colutnba's Churth forthe yearended 31 December 2025. Objertives and Activtties The charit3ble purpose of the Church of [land the advancement of reli@on. The prfncipal function of St Columbè'5 Church of Iland Parish is to support the advanTrment of the Christian religion bv prornotin& through the work Df 5t Columba's Parish Church the whole mission of the Church, pastoral, evèngeli5tic. social and ecumenical. Being open t(1 and engaging w¢h society as a whole and offering supportfor those needing help are fundarnental to the practical dÈlwery of the benefits of Christianity. As a result of a¢twity in the pursuit of the advancernent of the Christian liEn, St Colurnba's Parlsh Church has custody of propetyand of records, materials and artefacts of signiflcante to the cultural 2nd religious heritage and maintenance Df which 15 undertaken by the select vestry of St Columba's Parish Church. Achlevements. Performance & Publlc Benefrt Im lementin h charitable e thrtsu ivtties within and outside the Para5h. St Columba'5 P3ri5h Church is underthe incumb2nw of the Reverend Graham Hère, a5Si5ted by Reverend Alexander Chisnall, and fulfil thelrcharitable purpose through p4rish activities both within and Outside the parish. The Parish, in implementing its evangelithci PaStor31. social ènd ecumenical mission, undertakes o wide range of activities. In th& advancement of the Christian religion we focus on worship by offering sery1S each Sunday, in the church. A growing range of seryic&, outreach initiatives, comrnunity eng8getnent events and faith enhancement tspportunifies is always evolving. In support of our worship, the Church engages in a range of pastoral attivities to develop social cohesion in the neighbourhood and help those in soci31 need. Such 3Ctivitie5 include pasto1 visits by the Clewto hospitals, nursing homes and residenti31 c3r& centers. The Clergy also visrc parishioners in their hornes a5 well as offering preparation for weddings and baptisms. arrangingfunetsls and offering supporr to the bereaved in theirtime of loss. The pastoral work of the Parish is underpinned by prayer. We gula¥ engage, èlong with other parlshes. through the Ornagh Churches Forutn and with the Methodist Church. Soci31 and educational inter8ttitrn 15 Important and St. Columba's provides. on 8 weekly basis, activitiesto promote social and educational opportunrties for all ages. These include è toddlers group, Sunday School, Confirrn4tion Class. Livlng Ladies Group, Lent and Advent lunche5. Evergreen, Mother5, Union, Cholr and Bowls. Additional occasional activities of this natu have included provision of funeral teas, ministry ctsurses to facilltate those exploringthe Christian faith. Prayer Grotsp, discipleship courses emergency responses to major world disasters. 202S saw continued growth in our congregation as people, and these accounts refiett. once again, the generoslty of people and the faithfulness of God in meeting every need. This yearthe parish We able to complete the irnprovements to our rpark and improve the condition of our entrnnce porches. In the autumn of 2025 we welcomed over4000 ViSTtors to our exhibition. The Scarlet Thread. and hosted a very successful fundraising event.-St Columb8's doÈs Strictly.. Along wlth other churches. we have been imparted by the rising costs of enew and high inflation. Those factors havè an impatt on mission and rninistry, but we look forward with confident falth to wh3t God has In store in the yearahead.
Oma8h/St Columba's/Derry/Church Of Irelznd Trustees, Annual Report for theyear ended 31 Dvember 2025 Icontlnuedl Expenditure is incurred In th2 provlsion of the above activities and in the rnaintenance of the church facilitie5 8nd services. The Selert Vestry, which is made up of ourTruste*. seeks to steward ourfinancial resource5 wisely and support the work of our rnission. In all our attivitie5 designed to reach outto Childn and Young people the Parish adheres to th& >fe¥uardingTrust, the Church of Ireland polityfor working with Children Znd Young People. St. Colutnb3's remains committed to our mission through tsutreach by ¢ontributlOn5 to support the work of various misslon org8nisations, local and internation31. A review of our supportfor such organi53tions shows a wide range of recipients includingfor example Youth for Christ, SDUth American Mi$5ion Society, Qre for Qncer, Scripture Union and Bishtsp's Appeal. The Parish continues our long-standing 8ssoclation with fy Caraid in Afr1 8nd maintain5 financial and pr3ttical support forthe workthere in the are3s of health and education. St. Columbè's Church is committed to the mlssion of providing pastoral Ca to its m2mbers and seeking to draw them closer to God in their daily lives. Prudent flnan¢&al management of inco and expendiiure bythe Selett Vestry is a vitally irnportant objertlve in the d8y- to day man3gement of the Parish. The main source of income tomes from regulsrfreewill offering from parishioners and associated gift aid. Expenditure Is incurred in the provision of the above attivities and in the m3intenance of the church facilities and services. A key a? of expenditure is staff costs includingthe payment of clergy and w8ges to lay employees including a sexton. Payments to the central church bodies, insurance5, property repairs and maintenance to church propÈrties and 311ocations to charitable organisations a also 3reas of significant expenditure. Other costs Include payments in Te13tlon to estate, licences, compliance costs, profession81 fees and rnaterials ènd equipment required for effettNe deliveryof church activities. Flnèlly, the Parish contlnuesto give cèreful consideration to following the Charity Commission for Northern I10nd'S guidance on public benefitto ensurethat itsartivities during the year, 6ndthose planned forthe future, have and will continueto achieve the Parish'5 objettives as well as provldin8 public benefit.
Omaghlst Columba's/Derrylchurch Of Ireland Trurtee< Annual Reportfor the year ended 31 Oe¢ember 2025 Icontinuedl Financial Review As costs continue to rise, the Select Vestry remains prudent in it5 management of Parish finances. We acknowledge that everything we have is a gfft frorll God, and therefore seek to make d&cision5 which reflert the mi$5ion and ministry priortties ol his chLTrch. Going Concem The trustees have vieWed the budgets for the ye8r ahead and are satisfied that there are adequste funds in place to ensure that th& P3rish can continue attivities and the financial ststements for the year ended 31 December 2025 can be signed off as a going concem. Structurè, Govemance and Management Governingl Document ond Constitution of the Chorrty Chapter 111 of the Constitution of the Church of Ireland govems P8rishes and Parochial Org8nisatlOn5. The Selert Vestry members are the Charty Trustees. Re¢ruitment undAppointmentoASelert Vertry(TrtssteesJ All mernbers of the Church of Ireland who are overthe age of 18 and 3re either Sident within the parish or live elsewhere but have been accustomed members of the congretion for at least three months. m3y register as rnembers of the General Vestry of the PaT15h, allowing them to attend and vote at meetings of the GeneTrl Vestry and to stand for election to the Select Vestry. sublettto meetin8 the r&quired conditions. Meetin8$ of the General Vestry a held usualty once peryear. The Select Vestry is elected at this General Vestry meeting. The Select Vestry will hold their positions for a period of one yezr. Select Vestry rnember5 may be re-elected annually 2nd there is no limit on the number of terms which may be served.
Omaghl5t Columba'slDerrylchurch Of Ireland Trustees'Annual Report for the year ended 31 Dember 2025 Iconttnuedl Poyondremvnerntion The Rectorand Curate recefve è stipend and ofPic& and locomotory 3llowantes in accordance with figures approved bythe General Synod of the Church of Ire13nd and pension contributions and gmploye&s National InSUraCe a paid in accordance with Diocesan recomrrend3tion. The Sexton receives a salary commensurate with role and experience. Oryunisotiont71Stmrture The Select vestry consists of the member of the clergy seing in the parish, 3ny curate 3sslStant I'the curate-l, tho churchw3rdens, the gleb& wardens and generally not MO than twelve other members of the general vestry eletted at the General Vestry. The select vestry is chaired by the incumbent or other member of the clergy officiating In the parish. Select vestry rnernbers are re5poftsible for making dÈcisionson mètters of general concern and importance to the parish including deciding how parish funds a to be applied. The Select Vestry rneets at times fixed by the members or by the diocesan synod. Special meetings rnay be Convened at any time by the chairperson orthe churchwardens CompliLrn£e with PublicBenefft The Parish has given careful considerntion to the Charity Commission for Northern Ireland's guidance on public benefrt to ensure that the activities ented into durfne the year have helped to 3chi&ve the Parish's objettwes and 8ttivities, as well a5 providing public beneffc.
Omaghlst Columba'slDerry/Churth Of Ireland Tru5tees' Annual Report tor the year ended 31 December 2025 {continuedl Statement of Trustees, Responsibilitles 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 3pplicable law and regulations. The law applic3ble to charities in the Northern Ireland requires the trustees to prepare finanei31 statements for each f+nanci31 year. Under that law the trustees have prepared the financial statements in accordance with Generally Accepted Accounting Prartice in the United Kingdom laceounting standards issued by the Financial Reporting Council in the UK, including Cha¥ities SORP IFRS 1021" Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021-and promulgated by the Institute of Chartered Accountants in the United Kingdom and United Kingdom Lawl Under that law the trustees must not approve the financial statement5 unless they are satisfied that they give a true and fair vlew of the state ¢f the affairs of the tharity and of the statement of financial activities of the charity for that period. In preparing these financial statements. the trustees are required to.. select 5Ultable accounting policies and then apply them consistentlv,. rnake judgments and estimates that zre reasonable and prudent state whether the financial statements have been prepared in accordance with applicèble Accounting Standards and identify the standards in question, Subject to any material departures being disclosed and explained in the financial statements.. alld prepare the financial statements on the going collrn basis unless it is inappropriate to presume that the Parish will continue as a going concern. The trustees are responsible for keeping accounting records that are sufficient to show and explain the Parish's transaction5 and disclose with reasonable accuracy at any time the assets and liabilities of the Parish. They are also responsible for safeguardi8 the assets of the Parish and hence for taking reason3ble steps for the prevention and detection of fraud and other irregulartties. Signed on Behalf of the Trustees Rev Graham Hare Mr5 Sandra Isherwood- Sèuetsry Date 16 April 2016
Indepèndent Examiners Report to the Trustees of Omaghlst Columba's/DerrylChurch Of Ireland We report on the accounts of Omaghjst Columb3's/Derry/Church of Ireland forthe year ended 31 Q>ecember 2025, which are set out on pages 1fv21. Respective responsibilities ot¢haritytrustees and examiner As the tharity's trustees you are responsibleforthe prÈparation of the aEcounts in accordance with the ChèrltiesAtt (Northem Ireland) 2008. It is our responsibiltyto= Examine the accounts under section 65 of the a)arites Act. Follow the procedures laid down in the general Direction given by the Commssion undersettion 6519llbl of the Charities Art. State whether particular matters have corne to ourBttention. Basls of independent examinerfs report We have examined your charity accounts 3s required undersettion 65 of the Charbtes Att ènd our examination was carrfed out in accordance with the Beneral Directions given bythe Charity Cornmi5sion. Ourexarnination included a review of the accDuntin8 records kept by the charlty and a comparison of the accounts presented with those records. It also included congideration of any unusual iterns or disclosures in the 3ccounts and seeking explanations from you as charity trustees conceming any such rnatters. Our role is to state whether any rnaterial matters have come to our8tt&ntion giving us £ause to belleve.. That accounting records were not kept in accordance with section 63 of the Charities Act That the accounts do not accord with those accounting CordS Th3t the accounts do not comply with the accounting reqvirements of the Charite5 Act Thatthere isfurther InfOrtIon needed for3 proper understanding of the accounts to be reached. Independent exam(nerfs statement We have completed our examin8tion and have no concerns in respertof the matters111 to141 listed above and in connection wlth following the Directlons of the Charity Commission for Northern Ireland, we have found no matters that require drawlng to your attentlon. Hamill Mcllwaine Ch3rtered Accountants 28-30 Old Mtsuntfield Road Om3gh, Co. Tyrone BT79 7BJ
Omaghlst Columba'slDerrylChur¢h Olireland Ststement of Flnancial Activitie5 for theyear endÈd 31 December 2025 Unrestritted Funds 2025 Re5tTiCted Funds Z025 Endowment Funds 2025 Total 2025 Totsl 20Z4 Note ornè Donations & leg3cies Other trading activities Investments Charitable artivities 154,526 9.662 29.550 22,465 136,420 60 177,051 146,082 29,870 3,384 183,174 24,458 27,777 3.512 320 3,384 Total Income 193,738 162,269 380 356,387 238,921 nditure on: Generating funds U)aritsble actniities Other Total Ex enditure 15.286 124,989 1,723 141.998 15.286 297,785 1,723 314.794 172,796 214,002 2,771 216,773 172,796 Net Income/ (Expenditure) before transfws 20,942 20,271 380 41.593 22,148 Transfers between fijnds IS5.1851 55,565 13801 Net Incomel (Expenditurel before other recognlsed gains and losses 134.2431 75.836 41.593 22,148 Gain/lLossl on inve5trnents Zssets 7,821 7,821 15,545 Net movement in fvnds 134,2431 75,836 7,821 49.414 37,693 Rewnciliation of fvnds.. Total funds broughtfonvard 1,084,955 680,277 351.093 2,116,325 2,078,632 Total funds carried forward 1,050,712 756,113 358,914 2.165,739 2,116,325 10
Omaghlst Columba's/Derrylchurch Of Ireland Balance Sheet 3$ at 31 December 2025 2025 2024 Flxed Assets Tangible Fixed Assets Investment Properties Investments Total fixed a55ets li 12 13 994.714 723500 216,164 1.934.378 994,714 723,500 208,343 1,926.557 Current Assets Debtors Cash and cash equivalents Total current assets 14 31,000 203,294 234.294 25.455 168.123 193,578 Credltors- amounts falling due within one year Total creditors Is 12,933} 12,9331 13,8101 13,8101 Net Current Assets 231.361 189,768 Creditors- amounts falling due after one year Loans Total net Assets 2.165.739 2,116,325 The fund5 of the parish Unrestricted tunds General funds Designated funds Total unrestricted funds Restricted Funds Eftdowment Funds 16 1.014.288 36.424 1,050.712 756,113 358,914 1,001,407 83,548 1,084.955 680,277 351,093 16 16 Total charity funds 2.165.739 2.116,325 The notes on page5 12 to 21 are an integral part of these financial statements. The financial statements on pages 10 to 21 were approved by the Board of Trustees on 16 April 2026 and signed on its behalf by- Grahaffl Hare Mrs Sanrda 15henvood
Omaghlst Columba'sloeTryIChur¢h Of Ireland Note5 to thèfinanclal statements for the year ended 31 DeMtser 2025 At¢L>unting policies Set below a the principal accountlng policies which have been adopted in the compilation of the Flnancial Statements. al Ba515 of pParatIOn The financial statements have been prepared on a golng concern basis in accordance with Accounting and Reporting by Charitie5.' Stst&mentof Recommended Prattice applicabl&to charities preparingtheiraccounts in accord3nce wlththe Financial Reporting Standard appllc3ble in the UK ènd Republic of Ireland IFRS 1021- ICharrti&s SORP IFRS 10211, the Financial Reporting Stand3rd applicable in the UK and Republic of Ireland IFRS 1021. The Parish rneets the definition of a public benefit entity. Assèts 3nd Ilabllities are Initially recognised zt historical cost and transaction value unless othenwise Strated in the levant accounting politrrf notes. bl Preparation of attounts on a eorng concern basi5 The P3rlsh Èener3lly meets fc5 day to day working capital quireMents from its annual income. The Trustees have obtsined and vieWed cash flowfoocasts forthe corning year and based on these are satlsfied that the Parish has rÈsources to provide a aSonable expettation that it can continue to me&t its financ5al obligations as they fall due for the foreseeable future. Therefore these financial ttatÈment5 have been ppared on 3 going concern basis. cl In¢ome Plate Collections. Weekly Envelopes, Graveyard income are accounted for on a cash receipts basls asthe amount is colkcted Income arising from the rental of Parish cent facilities to third parties is recognised when the parish has entitlement to the funds. any performance conditions attsched to the incorne have been met, ic is probable thatthe incom& will be received 3nd the arnount can be measured reliably. Income frorn govemment and other grènts. whether'capit31' grants or 'reYenue' Brants. is recognised when the charity has entitlementtothefunds. any performance conditions att3cheLI to the grants have been met, rc is probablÈthatthe incomewill be received and the amount tan be measured liablY and is not deferred. Legacie5 are Included within Income, under either unrestrirted or restritted funds, accordlng to the terms under which the donation is made and when the amount can be quantified with reasonable certainty. Donations and gifts in kind a brought Into the accounts atthelrtsirvalue to the P8rish. d} Expendtture Expenditu is recognised once there is a legal orcon5tructive obligation to make a paymentto a thlrd party, it is probable that settlement wlll be required and the amount of the obligation can be measUd reliably. Irrecoverable VAT15 charged as a cost agèinstthe activty for which the expenditure was incurred. 12
Oma8hlSt Columba's/DerrylChurth Of Ireland Nott5 to the fjnancial statements forthe year ended 31 DeMber2025 Icontinuedl l. Accountyng policies (connUed) el Tanyble assets The a&sets of the Partsh. retained for its own use comprise=_ Church Building lincluding fixtures and fittings) and Graveyard Church Hall Rettory Curatage Church building and Graveyard The Church Building3Dd Graveyard are deemed to be Heritage assets as defined by the Charit(es 50RP IFRS1021 These HeritaKe assets are not included in the b31ance sheet3s information on the costorvaluation is not available and Such information nor be obtained ata cost commensurate with the benefit to the users of the accounts and to the parish. Church Hall The church hall w3s built in 1973. There ère no reliable COrdS of the cost of thls construction and vzluation approach for such a building lack5 sufFicient rÈliability. As a result this building is not recognised in the parish balante sheet. The ctory The rectory is recognised at its c8pital value as per Land and Property SeNices. No depreciation has been provided on the rectory as the current estimated residual value is not less than its carryinz v?lue and the remaining useful life currendy exceed5 50 years. The curatage The curatage is togniSed 3t its captt3lvalue as per Land and Propety Services. No depreciation ha5 been provided on the curataB& a5 the current estimated residual value is not less than its carrying value and the remaining useful lrfe currently exceed5 50 years. Fixtures and fittings for use the by ch3rity are capitalised if they can be used for more than one year. and cost at least £4.000. Fixtures and Ftttings are recognised at cost or, if gifted, at the value to the charity on CeIpt and are depreci8ted on 3 reducing ba13nce basls otrer a period of 10 years. The 3S5ets' residual values and useful lives a reviewed. and adjusted, if appropriate, st the end of each reportinE period. Tangible assets a derecognised on disposal orwhen no future economic benefits2 expected. On disposal. the differen between the new disposal proceeds and the carrying amount 15 recognised in the st3tsment of financi81 attivitie5 and included in'OtheT operating (IossÈ5l/gain5'. 13
Omaghlst Columba'slDerry/churth Of Ireland Notes to thefinancial ststements forthe year ended 31 December2025 Icontinuedl l. Accounting policie5 Icontinuedl ill Investments Fixed asset inve5trnentscomprising investment properties, investments in equities lordinarysh35I and Investment in RCB/CIT Unit Trusts are initlèlly recorded at Cost and arethen subsequentlyststed atf3irv31ue at e3ch balancesheetdate. Investments in unquoted investmentsare recorded at cost8nd aassessed annu8llyfor impairment. Unrealised gains and105ses present the difference between the fairvalue atthe beginning ènd end of the financial year or. if purchased in theyear, the difference between cost and fair value at the end of the year. Realised gains and losses represent the difference between the proceeds on disposal and the kir value at th& start of the year or cost if purchased In the year. Both realised and unrealised gains and bssos in investment5 are reported within "Net Gain51 ILossesl on Investments" within the Statement of Financial Activities. g) Cash and cash equivalents sh and cash equpjalents includes c8sh in hand. deposits held at call wrch banks, other shorr.term highly liquid investments with origin81 matUrleS of three months or less and bank overdfyfts. Bank overdrafts a shown wrf(hin Creditors Amounts falling due within l year. h) Financial instruments The Parish only ha5 financial assets and fin3ncial liabilities of a kind that quallfy 8$ basic financial instruments. 8asic financial instmments are init1811y re¢tsgnised at transa¢tion pri and subsequently measured at their settlementvalue. il Funds Funds are c13ssrfied as either restricted fund5 or un$ttte funds. defined as follows. Restricted funds are fund5 subjett to specific requirements a5 to their use which Y be declared by the donor or wlth their authorlty or created through lerdl processes. but still within the wider objects of the Parish. Endowment funds a funds which have been given on the Condition that the original caprtal sum is not reduced, but the income there from is used forthe purpose defined in accordance with the oblects of the Parish. Unrestricted funds a expendable at th& discretion of the trustees in furtheran of the objects of the Charty. If parts of the ynrestricted funds a e3rrnarked at the disrretion of the trustee5 for a particular purpose, they are designated as 8 separ3te fund. This dÈsignation has an adminirtrative purpose only and does not legally $trICt the trusreeg discretion io apply the fund. Critical accourttinB judgernents and estimation uncertainty Estimates and juclements made in the proress of preparingthe financizl statements are continually evaluated and are based on historical experience and otherf3Ctors, including expert3tions of future events that are believecS to be reasonable under the ¢ircurn5tances. The Tru5tee5 do not considerthat there are any critical judgrnents made in 4pplying the Parlsh's 3ccounting policies or that there 3re any crititsl accounting estimates or assurnptions which have a significant risk of causing a material adju5tmentto carrying 8mount5 of assets and liabilities within the next financial year. 14
Omagh/St Columba'slDerrylChurth Of Ireland Notes to thè fJnan¢ial statements forthe year ended 31 December2025 Itontinuedl 3. Donattons and legacies UnrwrÈrted Funds 2025 Restrirted Funds 2025 Endowment Funds 2025 Total 2025 2024 P18ts Collections Weekly envelopes / FWO Tax retovered on Oonations Letacie5 Endowment income Grants Other donatlons 3,227 108,130 25,266 3.227 120,796 31,066 4.094 122,199 25,292 12.666 5,800 4.911 796 5,707 5.498 855 25,236 183,174 12,992 154,526 3,203 22,46S 60 60 16,255 177.051 4. Other tradlng activities 9,662 9,662 17,759 118,661 9,772 10,650 4,036 Qr Park rentsl Fundrdising Other 17.759 118,661 9.662 136,420 146,082 24.45g 5. Investments Deposit interest Rental Income- Investment Properties 320 320 29,550 157 27.620 29.550 29,550 320 29,870 27,777 6. Charitsblo activities OrganItionS Income Other Income 3.384 3,384 3,512 3,384 3,384 3,512 15
Oma8hlSt Columba's/DerrylChurch Of Ireland Notesto the financral 5tatemerts for the year ended 310e¢ember 2025 Icontinuedl 7. Analysls of Expenditure Unrestri¢ted Funds 2025 RestriLted Funds 2025 Endowment Funds 2025 Total 2025 2024 Generating Funds Fundraising costs Other 15,286 15,286 15,286 15,286 Charitable Artlvltie$ Wages and salaries Diocesan Cosrs/A5sessrnent Church Running Costs Rectory/ Curnw Costs H311 expense5 Property expenses Investment costs Administrntion Costs ChaTitsble Donation5 16,441 ID4,988 33,103 4,323 3,451 16,441 104.988 39A99 4,348 3,451 117,648 16,257 lQ3,211 34,349 7,325 8.570 30,732 6,396 25 117,648 6,152 4,338 908 12 7,060 4,350 5,218 8.340 172,796 124,989 297,785 214.002 Other Costs Loan interest OrnIsatIonS expenses 423 2,348 2,771 1.723 1,723 1,723 1,723 Total Expenditure 172,796 141,998 314,794 216,773 Govemance costs of £1,290 were Incurred during the year of which £1,290 relates to fees paid to the independent examinÈr. Governance costs are included within Administration costs above. 16
OmaKhlSt Columba'slDerrylChurch Of l¥eland Notes to the finanrial statements for the yearended 31 Deternber 2025 Icontinuedl Gain /ILossl on Investment Assets 2025 2024 Unreallsed fairvalue rrtlnsl Ilossesl on investments 7,821 7,821 15,545 IS,545 9. Taxatlon The Omaghl5t Columba'slDerry/Church Of Ireland is recognisÈd as a charity for the purposes of applicable tax*ion legislatlon and 15 therefo not subject to taxation on it5 charitable activities. 10. Analysis of stsff ¢osts. trustee remuneration and expenses, ènd the cost of key management personnel Employees 2025 2024 Salaries and wages National Insurance costs 16A41 16,257 Total 16,441 16,257 The average number of employees duringthe year. calcu18ted on the basis of a head count, was as follows.. 2025 Nurnber 2024 Number Musi¢ staff Premises mainten8n¢e There are no employees in receipt Df employee benefits In excess of £60,000 Key Monagement ond Trustees Key management are deemed to comprise the Trustees. The parish paid expen5&s of E2.651 relating the running costs of the g12be house which Is occupied by the rector and £1,697 relating to the running costs of the Curatage which is occupied by the curate. E884 wa5 a150 paid to the Curate and £7,372 to the (tor forexpenses owed. No othèrtrustee received any Muneration or reimbursement of expenses during the year.
Omagh/St Columba's/Derry/Church Of Ireland Notes to the financial statements for the year ended 31 December 2025 Icontinuedl 11. Tangible fr#ed assets Buildings C05t At beginning of the year Additlons At end of the year 994,714 994.714 Depreciation At beginning of the year At end of the year Net book value at beginning Df the year Net book value at end of theyear 994,714 994.714 IZ. Inve5trnent Properties Balance zt Beginning of the year Balance at end of the year 723,500 723,500 Ig
Omaghlst Columba'slDerry/church Of Ireland Notesto the financial statementsforthe year ended 310e¢ember20ZS Icontiftuedl 13. Investments Other Investmeftts Balance at beginning of the year Fair Value gain /110551 on Investments Balance at end of the year 208.343 7,821 216.164 Analysrs of Investments Investments in RCB UnitTru5ts Investments in aT Unit Trusts 43.216 172,948 Z16,164 14. Debtt¢rs 2025 2024 Sundry debtors Other-GiftAid reclaim 1,555 23,900 25,455 31,000 31,000 15. Credit¢Jrs Amounts Dup wrthin l Year 2025 Z024 Accruals and deferred income Taxation and Social Security 711 2,222 2,933 3.193 617 3,810 19
Omaghlst Columba's/DerrylChur¢h Of Ireland Notes to the fjnancial 5tztements for the year ended 31 December 2025 Icontinuedl 16. Funds of the Paf15h Movement Atljan 2025 At 31 Oec 202S Income Expenditure Invettrnent Transfers Endowment funds The James Hamilton Bequest- 30 day reserve TheJ8mes Hamion Bequest- house Various lepci&sl bequests invested wtth RCB 29,250 380 13801 29,250 113,500 113,500 208.343 351,093 7,821 7,821 216,164 358,914 380 13801 Restr5cted fvnd5 Current account-for garden Fabric Fund Missions and charities Dfvldends Organisations Fixed 8S5ets Bank103n 602 37,219 602 112,794 158,089 1139.4791 56,965 796 3.384 17961 11,7231 12.742 629.714 11,4001 13.003 629,714 680,277 162269 1141.9981 55.565 756,113 Unrestrirted funds Designated Hall Fund Designated Qr Park Fund Designated Organ Fund Designated Graveyard Fund Sustentstion account General Fund Tangible fixed assets Investment Properties 13.702 53,873 18,539 114,4061 900 153,8731 18,735 1,135 14,844 26,406 365,000 610,000 1,084,955 1,820 105,352 68,027 1331 1105,4291 152.9331 222 14.767 39.288 365.000 610,000 1,050,712 12,2121 193.738 1172,7961 ISS,1851 Totsl fvnd5 2,116,32S 356,387 1314.7941 7,821 2,165,739 ses of End wm nt Funds-. Income frorn Jame5 H3mitton Bequest is to be used forgen2ral church purposes. Income from the various bequestsllegacies invested with RCB are to be usedforgenetsl church purposes. Pur oses of Restritted Funds.. Fabric fund- This 15 a fund forthe mainten2nce of the church property includingthe rectory and the curatage. 20
Omaghlst Columba'slDerry/Churth Of Ireland Notes to thè finaTr¢lal statements forthe year ended 31 December2025 Icontinuedl 16. Funds of the ParÈ5h Icontinued) ur ses nat Funds.. Hall Fund.. The Trustees have set aside funds for the rnaintenance of the church hall. Car Park Fund.. The Trustess have set aslde funds *or the rnsintenance for the church car park. In the year the car p8rk account was merged into the Fabrlc account. Oryan Fund.. The Trustees have set aside fundsforthe maintenance of the church organ. Graveyard Fund.. The Trustees havè set aslde funds forthe Maintenance of the church gRveyard. Building Fund IReserve account).. The Trustees are using the 30 Day reserve account to hold the the James Hamilton bequest cash. 17. Analy515 Ot Net Assets Among Funds General Designated Restricted Endowmertt Totsl Fixed A55ets lnvtrnents Current Assets 975.000 629.714 113,500 216,164 29,2SO 1.718,214 216,164 234,294 12.9331 2,165,7a9 42.221 12,9331 1.014,288 36,424 126,399 Net assets at 31 Oe¢ 2025 36h24 756,113 358.914 18. Collectlon forThird Parties 2025 2024 Christmas loose collection Sunday school collettion Quill RUC 6C Service Collettion 526 902 500 650 2,052 526 The above amounts h3ve been Included in Total income forthe Year under Charitable Activities. 21