Clanabogan Parish Church Trustees, Annual Report and Statement of Receipts and Payments and Assets and Liabilities For the year ended 31 December 2021 Reg15tered Charlty In Northern Ireland [NIC104776]
Trustees, Annual Report and Financial Statements for the year ended 31 December 2021 Page References and Administrative details of the Charity Trustees, Annual Report Independent Examiners, Report to the Trustees Statement of Receipts and Payments Statement of Assets and Liabilities Notes to the Financial Statements 10-13
Clanabogan Parlsh Church References and administrative detalls Charity Name: Clanabogan Parish Church Charlty Registration Number: NIC104776 Registered Offlce: Edenderry Rectory, 91 Crevenagh Road, Omagh, County Tyrone, BT79 OEZ Trustees The Charity Trustees who served durin8 the year or who were trustees at the date of this report were.. Canon Robert Clarke Mr Victor Anderson Mr Stephen Beckett Mr Fred Breen Mr Tommy Coulter Mrs Doris Edgar Mr George Edgar Mrjoe Edgar Mr Eric Graham Mr Keith Hamilton Mrs Mary Mccormick Mr Nigel Mccormick Mr Samuel McKinley Mrs Pearl 5tafford Mr James Thompson Prlnclpal Offic&bearers Clergv: Church Treasurer.. Church Warden- ClerEy: Church Warden- People: Canon Robert Clarke Mr Jame5 Thompson Mrjoe Edgar Mr Samuel McKinley Independent Examlner Nial Colhoun Ifor Watson & Colhounl Unit 815 Omagh Enterprise Centre, Great Northern Road, Omagh, County Tyrone, 8T78 SLU Bankers Ulster Bank 14 High Street, Omagh. County Tyrone, 8T78 18J
Clanabogan Parish Church Trustees, Annual Report for the year ended 31 December 2021 The Trustee5 present ther Annual Report and Statements of Receipts and Payments and A55ets and Liabilities for Clanabo8an Parish Church for the year ended 31 December 2021. Objertlves and Activltles The charitable purpose of the Church of Ireland is the advancement of religion. The principal function of Clanabogan Parish Church is to support the advancement of the Christian religion by promoting, through the work of the Parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. Belng open to and engagin8 Wlth 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 actSvlty in the pursuit of the advancement of the Christian religion, Clanabogan Parish Church has custody of property and of records, materials and artefacts of significance to the cultural and religious heritage and maintenance of which is undertaken by the Select Vestry of Clanabo8an Parish Church. Achlevements, Performance and Publlc BenefltS Clanabogan Parish Church holds open church services each Sunday whlch remaln popular with the community. Members of the con8re8ation who are unable to attend church are vlsited by the clergy throu8hout the year, The Parish has a wide range of organisations including Sunday School which Is well attended by the children of the Parish, the Bowling Club, Mother's Union and Youth Fellowship. These organisations provide a soclal 5ettin8 for people of all ages and interests. The Trustees would like to acknowledge their appreciation for those who give freely of their time to volunteer in these or8anisations. A number of social event5 are held for the community and outside organisatSons can avail of the Parish facilities such as the Young Farmers, Club. Unfortunately the Covid-19 pondemic continuted to impact on Church life 05 It altered how services were conducted (ynd also impacted church orgoni5ations.
Clanabogan Parish Church Trustees, Annual Report for the year ended 31 December 2021 (continued) Flnanclal Review The Parish is a charitable organisation with their main source of income deriving from members. freewill offerings. The results for the year show a deficit of £7,773 12020: £4,562]. The Trustees continue to monitor the level of reserves held by the Parish and are actively taking steps to increase the reserves in order to meet any unforeseen expenditure incurred. 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 statement5 for the year end 31 December 2021 can be signed as a going concern. Strurture, Governance and Management Governin Document ond Constitution o the Charit Chapter 111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organisations. The Select Vestry members are the Charity Trustees. Recruitment andA ointment o Select Vest Trustee5 All member5 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 member5 of the congregation for at least three months, may re8lSter as members of the General Vestry of the Parish, allowing them to attend and vote at meeting5 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 the 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.
Clanabogan Parlsh Church Trustees, Annual Report for the year ended 31 December 2021 Icontlnued} ani5ational Structure The Select Vestry is re5pon5ible for the day to day management of the Parish. The Select Vestry consists of the clergy serving in the Parish, the churchwarden5, the glebe wardens and generally not more than twelve other members of the General Vestry elected at the General Vestrv. The Select Vestry Is chaired by the clergy. Select Vestry member5 are responsible for makin8 dec15ions on matters of general concern and Importance to the ParSsh Includin8 deciding how ParSsh funds are to be applled. The Selert Vestry meets at times fixed by the members. Special meetin85 may be convened at any time by the chairper50n or the churchwardens, In 2021 the Select Vestry met 4 tlmes durln8 the year and the avera8e attendance was 80%. Com liance with Public 8ene The Parish has paid careful consideration to the Charity Commission for Northern Ireland's guidance on Public BenefSt to ensure that the activitles entered into during the year have helped to achieve the Parlsh's objectives and activities, as well a5 providing Public 8enefSts. Statement of Trustees, ResponslbSlltles The Trustees are responslble for preparing the Trustees, Annual Report and the Statement of Receipts and Payments and Statement of Assets and Liabilities in accordance wlth applicable law and regulations. The law applicable to charlties in Northern Ireland with Sncome of less than £250,000 require5 the Trustees to prepare a Statement of Receipts and Payments and a Statement of Assets and Liabilitles for each financial year. The Trustees are responslble for keepin8 accounting records that are sufficient to show and explain the Parlsh's transactions and disclose with reasonable accuracy at any time the assets and liabilities of the Parish. They are also responslble for safeguarding the assets of the Parlsh and hence for taking reasonable steps for the preventlon and detectlon of fraud and other irregularities. This report was approved by the Trustees on behalf by.. .2022 and signed on its Canon Robert Clarke MrJoeE
Clanabogan Parish Church Independent Examiners, Report to the Trustees of Clanabo8an Parish Church for the year ended 31 December 2021 I report on the accounts of Clanabogan Parish Church for the year ended 31 December 2021, whlch comprise the Statement of Receipts and Payments, Statement of Assets & Liabilities, and the related notes. Respertlve Responslbllltles of Trustees and Examlner The Charity's Trustees are responsible for the preparation of the accounts in accordance with Sectlon 64131 of the Charities Act (Northern Ireland) 2008. The Charitv's Trustees consider that an audit is not required for this year under section 65121 of the Charities Act (Northern Irelandl 2008 (the Charitie5 Act) and that an independent examination is needed. It is my responslbility to.. examine the accounts under sectSon 65 of the Charitles Act INorthern Ireland) 2008,. to follow the procedure5 laid down in the general dSrection5 given by the Charity Commisslon for Northern Ireland under section 6519llbl of the Charltles Act,. and to state whether partlcular matters have come to my attention. Basls of Independent Examlners, Report My examlnation was carrled out in accordance with the general directions glven by the Charity Commission for Northern Ireland. An examination include5 a review of the accounting record5 kept by the charity and a comparison of the accounts presented with those record5. It also Sncludes consideration of any unusual Items or disclosures in the accounts, and seeking explanation5 from you as Trustees concernSn8 any such matters. The procedures undertaken do not provide all the evidence that would be required in an audlt and consequently no opinion is given a5 to whether the accounts present a 'true and falr view, and the report Is1Smlted to those matters Set out in the next statement. Independent Examlners, Statement In connection with my examination, no matter has come to my attention.. 11 which gives me reasonable cause tu believe that In any materSal respect the requirements.. to keep accounting record5 in accordance with Section 63 of the CharltSes Act and to prepare accounts which accord with the accountlng records and comply with the accounting requlrements of the Charities Act 2008 have not been met,. and 21 to whlch, In my opinion, attention should be drawn in order to enable a proper understandin8 of the accounts to be reached. Name: Nial Colhoun (for Wat50n & Colhounl Relevant professlonal quallflcatlon: ACA Address: Unit 815 Omagh Enterprise Centre, Great Northern Road, Omagh, County Tyrone, BT78 SLU Date: 10 O¢hL Ioz
Clanabogan Parish Church Statement of Receipts and Payments for the year ended 31 December 2021 Unrestrlcted Restrlrted Endowment funds funds funds Total 2021 Total 2020 Recelpts Donations and Plate Collections Proceeds from Fundraising Events Bank and Deposit Interest Legacies and Bequests Rental of Premises Grants Other Receipts Total Recelpts 20,672 940 21,612 22,024 43 3,834 9,347 1,800 254 11,979 9,322 1,900 13,879 9,322 3,406 2,443 50,667 3,406 2,443 44,421 6,246 37,302 Payments Diocesan Costs / Assessment Church Running Costs Administration Costs Fundraising Costs Charltable Donations Other Payments Church Restoration 22,000 10,375 1,171 22,000 12,275 1,171 20,166 19,975 1,098 1,900 100 450 16,298 940 1,040 450 21,504 58,440 625 5,206 8,046 Total Payments 50,394 41,864 Excess of Recelpts over Payments for the year before transfers 15,9731 11,8001 {7,773) 14,5621 Transfers Excess of Recelpts over Payments for the Year 15,9731 11,8001 {7,773) 14,5621 Reconclllatlon of Funds Total Funds brought forward Total Funds carrled forward 79,165 1,800 80,965 85,527 73,192 73,192 80,965
Clanabogan Parish Church Statement of Assets and Liabilitles as at 31 December 2021 Unrestrlrted funds Restrlcte, Endowment Funds Total 2021 Total 2020 Cash Funds CLtrrent Accounts Deposit Accounts Total Cash Funds 27,936 45,256 73,192 27,936 45,256 73,192 25,036 55,929 80,965 Investment Assets Investments in RCB and CIT Unit Trusts Total Investment Assets 371,611 371,611 371,611 371,611 335,527 335,527 Assets retalned for the Parlsh'5 own use Sexton House 90,000 90,000 Total Asset5 retalned for the Parlsh's own use 90,000 90,000 Approved by the Trustee5' on 2022 and $18ned on thelr behalf by.. Q,L,t0"[Zi. Canon Robert Clarke ames Thompson
Clanabogan Parish Church Notes to the Financial Statements for the year ended 31 December 2021 Accounting policies Set out below are the principal accounting policies whSch have been adopted in the compilation of the Statement of Receipt5 and Payments and the Statement of Assets and Statement of Recelpts and Payments All items of income and expenditure included within the Statement of Receipts and Payments have been accounted for on a cash receipt basis. Statement of Assets and Llabilities Assets retalnedfor the Pari5h'5 own use The a55ets of the Parish, retained for its own use comprise of Church Building and Graveyard, Church Hall, Sexton's House, and Fixtures and Fittings. The Church Building, Graveyard and Church Hall are deemed to be herita8e assets as defined by the Charities SORP IFR51021. 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 Sexton's House located at 125 Clanabogan Road Omagh, is recognised at deemed cost, being the estimated fair value of the property at l January 2017. No depreciation has been provided on the Sexton's House as the current estimated residual value is not le5S than its carrying value and the remaining useful life currentlv exceeds 50 year5. Investments Investments in RCB/CIT Unit Trusts are initially recorded at cost and then are 5ub5equently stated at fair value at each year end date. Fund Accounting Funds are classified as either restricted funds or unrestricted funds, which are defined as follows.. Re5trirtedfunds Restricted fund5 are funds subject to specific requirements as to their use which may be declared by the donor or with their authority or created through legal processes, but still within the wider objectives of the Parish. Unrestrlrtedfunds Unrestricted funds are expendable at the discretion of the Trustees in furtherance of the objectives of the charity. If parts of the unrestricted funds are earmarked at the discretion of the Trustees for a particular purpose, they are designated as a separate fund. The designation has an administrative purpose only and doe5 llot legally restrict the Trustees, discretion to apply the funds.
Clanabogan Parish Church Notes to the Financial Statements for the year ended 31 December 2021 {continuedl Accountlng policies {contlnued) Preparatlon of Accounts on a Going Concern Basis The Parish generally meets its day to day working capital requirements from its annual income. The Trustees are satisfied that the Parish has resources to provide a reasonable expectation that it can continue to meet it5 financial obligations as they fall due for the foreseeable future. Therefore these financial statements have been prepared on a going concern ba51S. Reconclllatlon of Cash Funds Total Total cash funds at beginning of the year Receipts for the year Payments for the year Total cash funds at end of the year 80,965 50,667 158,4401 73,192
Clanabogan Parish Church Notes to the Financial Statements for the year ended 31 December 2021 (continued) Movement In Funds Atl January Incoming 2021 Resources Movement In market value At31 Oecember 2021 Outgoin8 Resources Transfer RestrScted Funds Charitable Donations Other Total Restrlcted Funds 940 19401 17,1061 18,0461 1,800 1,800 5,306 6,246 Unrestrlcted Funds General Funds Totsl Unrestrlrted Funds 79,165 79,165 44,421 44,421 150,3941 150.3941 73,192 73,192 Endowment Funds Investments in RCBICIT Unit Trusts Total Endowment Funds 335,527 335,527 36,084 36,084 371,611 371,611 Total Funds 416,492 50,667 158,4401 36,084 444,803
Clanabogan Parish Church Notes to the Financlal Statements for the year ended 31 December 2021 {continuedl Collertlons for Thlrd Parties 2021 2020 Crosslinks Bishops Appeal Christian Aid Royal British Legion Tyrone Protestant Orphan Society 300 340 375 150 100 100 300 1,040 625 The above amount5 have been included in receipts for the year under Donations and Plate Collections, and in payment5 for the year under Charitable Donations in the Statement of Receipts and Payments. Transartlons with Trustees £527 was paid to one Trustee for work carried out during the year. No other person related to a Trustee had any personal interest in any contract or transattion entered into by the Charity durin8 the year. Governance Costs Governance costs of £660 were incurred during the year, all of which relates to fees paid to the Independent Examiner. Governance Costs are included within Administration Costs in the Statement of Receipts and Payments.