Clanabogan Parish Church Trustees, Annual Report and Statement of Receipts and Payments and Assets and Liabilities For the year ended 31 December 2023 Registered Charity in Northern Ireland [NIC104776]
Trusteeg Annual Report and Flnancial Ststements for the year ended 31 December 2023 Page References and AdmSnistratlve 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 Financlal Statements 10-13
Clanabogan Parish Church References and admlnlstratlve details Charity Name: Clanabo8an Parish Church Charity Reglstfatlon Number: NIC104776 Reglstered Offke: Edenderry RectOry• 91 Crevenagh Road, Omagh, CountyTyrone, BT79 OEZ Trustees The Charity Trustees who served durlng the year or who were trustees at the date of this report were: Canon Robert Clarke Mr George Edgar Mr Stephen Beckett (resigned) Mr Joe Edgar Mr Fred Breen Mr Erlc Graham Mr Tommy Coulter Mr Kelth Hamllton Mrs Hazel Breen (appolnted) Mrs Jennlfer McGee Mr Alex Edgar Mr Nlgel McCormld( Mrs Jean Edgar {appolnted) Mr Samuel McKinley Mrs Pearl Stafford (resigned) Mr James Thompson Mrs ChrSstlna Shlelds (reslgned) Mr Bob McGee (appolnted) Mrs Mildred McKinley (appointed) Prlncipal Offlce-bearers Clergy Church Treasurer: Church Warden- Clergy. Church Warden- People: Canon Robert Clarke Mrs Hazel Breen Mr Nigel Mccormlck Mrs Jennifer McGee Independent Examlner Kathryn Mitchell (for Watson & Colhoun) Unit B15 Omagh Enterprlse Centre, Great Northem Road, Omagh, County Tyrone, BT78 SLU Bankers Ulster Bank 14 High Street, Omagh, County Tyrone, 8T78 IBJ
Clanabogan Parish Church Trustees, Annual Report for the year ended 31 December 2023 The Trustees present their Annual Report and Statements of Receipts and Payments and Assets and Liabilities for Clanabogan Parish Church for the year ended 31 December 2023. Objectlves and Activities The charitable purpose of the Church of Ireland is the advancement of religion. The prlnclpal function of Clanabogan Parish Church 15 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. Being 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 actlvlty In the pursult of the advancement of the Christian religion, Clanabogan Parlsh 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 Clanabogan Parlsh Church. Achievements, Performance and Publlc Beneffts Clanabogan Parish Church holds open church services each Sunday which remain popular with the community. Members of the congregation who are unable to attend church are visited by the clergy throughout the year. The Parlsh has a wide range of organisations includlng Sunday School whlch Is well attended by the chlldren of the Parish, the Bowling Club, Mother's Union and Youth Fellowship. These organisations provide a social setting for people of all ages and interests. The Trustee5 would like to acknowledge their appreciation for those who give freely of thelr time to volunteer in these organisations. A number of social events are held for the community and outside organisatlons can avail of the Parish facilities such as the Young Farmers, Club. Wlth the Impact of the covid pandemic negligible in 2023, church life was able to return fully how It was pre pandemlc. The Parish has the knowledge and experience to continue to provide a Christian service to all members of community no matter the given situation. This especlally applies to members who remain wary and vulnerable to COVID-19 and other illnesses.
Clanabogan Parish Church Trustees, Annual Report for the year ended 31 December 2023 (continued) Financial 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 £281 [2022: £2,464]. The Trustees continue to monitor the level of reserves held by the Parish and are actively taking step5 to increase the reserves in order to meet any unforeseen expenditure incurred. Going 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 2023 can be signed as a going concern. Structure, Governance and Management Governin Document and 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 and A ointment o Selert Vestr Trustees 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 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 Parish Church Trustees. Annual Report for the year ended 31 December 2023 (continued) Or anisational Structure The Select Vestry is responsible for the day-to-day management of the Parish. The Select Vestry consists of the clergy serving in the Parish, the church wardens, the glebe wardens and generally not more than twelve other members elected at the General Vestry. The Select Vestry is chaired by the clergy. 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 or the churchwardens. In 2023 the Select Vestry met 5 times durin8 the year and the average attendance was 80%. Com liance with Public Bene The Parlsh has paid 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 Benefits. Statement of Tru5tees' Responsibllltle5 The Trustees are responsible for preparing the Trustees, Annual 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 sufficlent 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. This report was approved by the Trustees on behalf by: .2024 and signed on its Canon Robert Clarke Mrj l /Jfr- Edgar ..2024
Clanabogan Parlsh Church Independent Examlners, Report to the Trustees of Clanabogan Parish Church for the year ended 31 December 2023 I report on the accounts of Clanabogan Parish Church for the year ended 31 December 2023, which comprise the Statement of Receipts and Payments, Statement of Assets & Liabllltles, and the related notes. Respective Responsibilities of Trustees and Examlner The Charity's Trustees are responsible for the preparation of the accounts In accordance wlth Sectlon 6413) of the Charities Act {Northern Ireland) 2008. The Charity's Trustees consider that an audit is not required for this year under section 65(2) of the Charities Act {Northern Ireland) 2008 {the Charities Act) and that an independent examlnatlon is needed. It is my responslblllty to: examlne the accounts under sectlon 65 of the Charities Act {Northern Ireland) 2008,. to follow the procedures lald down in the general directions given by the Charlty Commlsslon for Northern Ireland under section 65(9)Ibl of the Charlties Act. and to state whether particular matters have come to my attentlon. Ba515 of Independent Examlners, Report My examination was carried out in accordance with the general directions given by the Charlty Commission for Northern Ireland. An examlnatlon includes a revlew of the accountin8 records kept by the charity and a Comparlson of the accounts presented wlth those records. It also includes conslderatlon of any unusual items or dlsclosures in the accounts, and seeklng explanations from you as Trustees concerning any such matter5. The procedures undertaken do not provlde all the evldence that would be required in an audlt and consequently no opinion Is glven as to whether the accounts present a 'true and falr vlew, and the report is limited to those matters set out In the next statement. Independent Examlners, Statement In connection with my examinatlon, no matter has come to my attentlon.. l) whlch gives me reasonable cause to belleve that In any materlal respect the requirements: to keep accounting records in accordance with section 63 of the Charities Act and to prepare accounts whlch accord with the accounting records and comply wlth the accountlng requirements of the Charltles Act 2008 have not been met; and 2) to whlch, In my opinion, attention Should be drawn in order to enable a proper understanding of the accounts to be reached. Name: Kathryn Mitchell {for Watson & Colhoun) Relevant professional qualification: ACA Address: Unit B15 Omagh Enterprise Centre, Great Northern Road, Omagh, County Tyrone, BT78 SLU Date:
Clanabogan Parish Church Statement of Receipts and Payments for the year ended 31 December 2023 Unrestricted Restricted Endowment funds funds funds Total 2023 Total 2022 Receipts Donations and Plate Collections Proceeds from Fundraising Events Bank and Deposit Interest Legacies and Bequests Rental of Premises Grants Receipts from Parish Organisation's Other Receipts Total Receipts 22,991 1,828 24,819 24,375 523 13,926 9,567 523 79 1,900 15,826 9.567 9,545 9,332 495 2,292 495 2,292 53,522 62 3,819 49,794 3,728 47,212 Payments Diocesan Costs / Assessment Church Running Costs Administration Costs Fundraising Costs Charitable Donations Payments for Parish organisation's Other Payments Church & Grounds Restoration 23,340 12,053 761 23,340 14,054 761 21,432 17,200 731 2,001 175 657 1,912 11,177 1,727 1,902 657 1.912 11,177 53,803 1,275 120 918 8,000 Total Payments 50,075 3,728 49,676 Excess of Receipts over Payments for the year before transfers 1281) (281) 12,464) Transfers Excess of Receipts over Payments for the Year {2811 1281) (2,4641 Reconclllatlon of Funds Total Funds brought forward Total Funds carried forward 70,728 70,728 73,192 70,447 70,447 70,728
Clanabogan Parish Church Statement of Assets and Liabilities as at 31 December 2023 Unrestricted fvnd5 Restrlrted Endowment funds Funds Total 2023 Total 2022 Cash Funds Current Accounts Deposit Accounts Total Cash Funds 30,100 40,347 70,447 30,100 40,347 70,447 32,212 38,516 70,728 Investment Assets Investments in RCB and CIT Unit Tru5t5 Total Investment Assets 348,500 348,500 348,500 348,500 335,686 335,686 Assets retained for the Parish's own use Sexton House Total Assets retsined for the Parish's own use 90,000 90,000 90,000 90,000 Approved by the Trustee< on ...... ............... .2024 and signed on their behalf by: Canon Robert Clarke Mrs Hazel Breen
Clanabogan Parish Church Note5 to the Financial Statements for the year ended 31 December 2023 Accounting policies Set out below are the principal accounting policies which have been adopted in the compilation of the Statement of Receipts and Payments and the Statement of Assets and Liabilities. Statement of Receipts and Payments All items of income and expenditure Included within the Statement of Receipts and Payments have been accounted for on a cash recelpt basls. Statement of Assets and Liabilities Assets retalnedfor the P¢7rlsh's own use The assets of the Parlsh, retalned for Its own use comprlse of Church Bulldlng and Graveyard, Church Hall, Sexton's House, and Fixtures and Fittings. The Church Bullding, Graveyard and Church Hall are deemed to be herltage assets as deflned by the Charities SORP {FRS1021. These heritage assets are not included in the Statement of Assets and Llabllltles as Informatlon on the cost or valuatlon Is not available and such Informatlon cannot be obtalned at a cost commensurate with the benefit to the user5 of the accounts and to the Parlsh. 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 depreclatlon has been provlded on the Sexton's House as the current estlmated residual value Is not less than Its carrylng value and the remalnlng useful Ilfe currently exceeds 50 years. Investments Investments In RCB/CIT Unlt Trusts are Inltlally recorded at cost and then are subsequently stated at fair value at each year end date. Fund Accounting Funds are classlfled as elther restrlcted funds or unrestrlcted funds, whlch are defined as follows: Restrlctedfunds Restricted funds 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. Unrestrictedfunds Unrestricted funds are expendable at the discretion of the Trustees in furtherance of the objectives of the charity, If part5 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 does not legally restrict the Trustees, discretion to apply the funds. io
Clanabogan Parish Church Notes to the Financial Statements for the year ended 31 December 2023 (continued) Accounting policles (continued) Preparatlon of Accounts on a Golng Concern Basis The Parish generally meets its day to day working capital requlrements from Its annual income. The Trustees are satisfied that the Parish has resources to provide a reasonable expettation that it can continue to meet its financial obligations as they fall due for the foreseeable future. Therefore, these financial statements have been prepared on a going concern basis. Reconciliation 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 70.728 53,522 (53,803) 70,447 IJ
Clanabogan Parish Church Notes to the Financial Statements for the year ended 31 December 2023 (continued) Movement in Funds Ati January Incoming 2023 Resources Movement In market value Transfer At31 December 2023 Outgoing Resources Restricted Funds Charitable Donations Other 1,828 1,900 3,728 (1,828) (1,900) 13,728) Total Restricted Funds Unrestricted Funds General Funds Total Unrestricted Fund5 70,728 70,728 49,794 49,794 (50,075) (50,075) 70,447 70,447 Endowment Funds Investments In RC8/CIT Unit Tru5t5 Total Endowment Funds 335,686 335,686 12,814 12,814 348,500 348,500 Total Funds 406,414 53,522 (53,803) 12,814 418,947 12
Clanabogan Parish Church Notes to the Financial Statement5 for the year ended 31 December 2023 (continued) Collectlons for Thlrd Partles 2022 2022 Crosslinks Bishops Appeal Church Missionary Society Royal British Legion Tyrone Protestant Orphan Society Friday Night Conformation 632 345 890 630 200 100 205 101 1,828 1,275 The above amounts have been included in receipts for the year under Donations and Plate Collections, and in payments for the year under Charitable Donations in the Statement of Receipts and Payments. Transactions wlth Trustees No money was paid to Trustees for work carried out during the year. No other person related to 3 Trustee had any personal interest in any contract or transaction entered into by the Charity during the year. Governance Costs Governance costs of £720 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. 13