CHARITY REGISTIL4TION NUMBER: NIC104777 CHURCH OF IRELAND DIOCESE OF DERRY & RAPHOE ST. LUIL4CH'S PARISH OF MAGHEIL4 RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023 CHURCH OF IRELAND DIOCESE OF DERRY & RAPHOE ST. LUIL4CH'S PAIUSH OF MAGHERA Contents Page No Infornmtion page Trustte's annual report 24 Independent Examincrs Report R¢c¢ipts and Payments Accounts Statement of fllwiciaj position Notes to the Accounts CHURCH OF IRELAND DIOCESE OF DERRY & RAPHOE ST. LiEIL4CH'S PAIUSH OF MAGHERA Trustees Stephen Richardson Elizakth Davison - resigned David Montgomery Elizabeth Montgomery Ad¢l¢ine Selfridge Nigel Selfridge Pearl Moore Alana Shiels- resigned William Kirkpatrick Jacqueline Moore Stephen Drennan Hilary McKenzie Robert Rainey Alistair McKinley Mervyn Hutchinson Noel Booth Alan Workman- resigned Rcv Jonathan Brom Philip Montgomery Aileen Riddle Address 15 Church Street Magh¢rd Co Londondeny BT46 SEA Accountants PFS Accounlants and Auditors Ltd Chartered Certified Accountants 122 Main Street Dungiven Co. L'derry BT47 4LG Page 3 CHURCH OF IRELAND DIOCESE OF DERRY & RAPHOE ST. LURACH'S PARISH OF MAGHERA TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2023 The trusiees present their report and the unaudited financial slatemtnts accounts of the charity for the year ¢nd¢d 31 December 2023. Refer¢D¢e and administrative details Registered Charity Name Church of Ireland, Diocese of Deny & Raphoe, SL Lura¢h's ParÉsh of Maghera Charity registratirtrn number NIC104777 Prineip*l office 15 Church Street Magherd Co LondOnde￿Y BT46 SEA The trustees Stephen Richardson Elizabeth Davi50n - resigned David Montgomery Elizabeth Montgomery Adeleine Selfvidge Nigel Selfridg¢ Pearl Moore Alana Shiels- resigned William Kirkpatrick Jacquelin¢ Moore Stephen DI Stephen Drennan Hilary MCF Hilary McKenzie Robert Rai Robert Rainey Ali*air M< Alistair McKinley Metiryn Hi M¢rvyn Hutchinson Noel Boot? Noel Booth A18m Work Alan Workman R¢v Jonath Rev Jonath2n Browj Philip Monigomery Aileen Rtddle Accountants PFS Accountants and Auditors Ltd Chartered Certified A¢wuntants 122 Mtiin Street Dungiven Co D¢ny BT47 4LG St￿Ctur4 governance and m*Dagement St. Lurdch's Parish of Maghera is a charity managed by the trnstees. Objecttves and activitits Th¢ ¢h8Jitsble purw)se of th¢ ChuTch of Ireland is tbe advancement of religion. The principal function of St Lurach's Parish of Maghera is to supp)rt the adv8nrxrnent of the Christian religion by promoting, through the work of St Lurach's Partsh: the whole mission of the Church, pastoral, evattgelistiq so¢ial and ecumenical. Being open to and engaging with society and offering support for those needing help are fUnda￿ents1 to the practical delivery of the benefits of Christianity. As a result of activity, in thc pursuit of the adv2ncemcnt of the Christian religion, St Lurach's Parish of Maghera has ¢us¢ody of property and of record4 materials and artefacts of si8nifican¢e to the cultura] and religious heritage and tnaintenance of Page 4 which is undertaken by the Select V¢sty of St Lura¢h's Partsh of Magher& A¢hievements,Performanee & Public Benefit To help achiev¢ th¢ advancement of the Christian religion and provide public benefit the Sele¢t Vesty of St Lurach's. Maghera & Kill¢lagh. continu¢d to share the thrth and love of Christ in our community. Our vision statement.. "A family that loves Jesus and has his h¢art for the world" is at the ¢entre of a]1 carried out by the Parish and charity. This vision was expressed during FebNary 202i, when we hcld a "Bring-and-share" luneh to foster community relations. While in Ma￿h we raised £IOOO in 2Td of the Turkey-syria Earthquake appeal and ¢loscr to home held an outside event in the Rectory grounds for families- "Lost sheep scavenger hunt" In the run up to B￿er. the Parish organised a well-att¢nd¢d 'Gtrspel-music' conffrt, which led into Holy Week event% such as a, Healing and Whol¢ness' service and traditional Maundy Thursday and Good Friday services. Additionally, for childrett and families, we ran a'messy Good Friday" event as an alternative to the more traditional Easter services. Along with participation in school assemblies. our spiritual caJe and nUrTh￿¢ for children h&s b¢en a vits] ministy and public benefit to our ¢ommunity. The r￿St half of 2023, ¢ulrninated in a'coronatiort Party" celebrdting the crowiing of King Charles 111 in May, and our"Children's Day" and BBQ along With a "Vinta8¢ Car" ly for th¢ ¢ommunity in June. During the summer, w¢ held a children's holiday bible club called "Epic ExploTers" and then took part in a community day in Maghera Walled Garden by setting up a BBQ St￿ As we kicked off the new ¢hurch year in September: we did so by s¢tting up a family "Prayer Trail" around th¢ Rectory grounds we held a"24-Hour Prayer" ev¢nL which invited members of the Partsh and community to bring all their ¢ares- spiritual, emotional, and prM¢tical. to God - for thems¢lves, the Parish, a￿d the community. All were welcome and St Lurach's Chureh remained open throughout the night to b¢ a¢¢essible to everyone in Maghera and beyond. Reaching out with the love of Jesus, we ran an Alpha course in Seplember-october for thos¢ who wanted to find out inore aknut Christian faith. Moreover, utilising the changing se8son& Harv¢st was celebrnted with a "Big Breakf&st" and special Harvest servic¢s in both churches tn October. And os we moved inl0 November. traditional services were held on Remembrance Sunday. Children's mtnTsty ¢ontinued and increas¢d throughout the year. From the Parish's Sunday School group r¢starting, to sp¢cial events held for priJLary-ag¢ children such as a "F¢stival of Light" to C4)incide with All Hallow's Eve. Additionally. we hosted a children's Christma5 party and enjoyed a ¢hildren's Nativity Play. In Decemb¢r, along with a return of the Parish Christmas dinner. a special sertes of ev¢nts and serYic¢s were held to celebrate the trn¢ meaning of Christsllas. The them¢ was a "Chrtstrnas of C8ro15" during which we took a]1 the favourite carols and used thern to explain how they told the Christsnas story. Such events included traditional church servffice& an ecumenicai Carol s¢rvice held in aid of "Cancer Researth", a very surxessful "Community Carols by Moonlight" held in the Rectory grounds, a "Fiv¢ Lessons and Carols" s¢rvi¢e at'mullagh Court" sheltered housing, and a"Parishionerf5 Favourite Carols" servi¢¢. We believe that the Parish of St Lurach's: Magbera & Killelagh ha5 rneaniDgfully de]iv¢red its aims 2nd objectives. The ch￿lty listed as "St Lurach's Parish, Magher&" has given careful consideration to the 'Charity Commission for Nl, guidan¢¢ on public benefit to ellsure that th¢ activities entered itito during the year have helped to achi¢ve the parish objectives and tivities, &s well as providing publi¢ benefit to the wider ¢ommunity. All in all. we are ple￿ed that our recovery from the effects and impact of COVJD ate palpable and we intend to ¢any fonvard all the good work don¢ and completed by the end of 2023. We look fonvard with anticipation and ¢xcitemeni to all that 2024 will hold. PAg¢ 4 Fingnci41 review DuTing the year the charity made a net deficit of £324. This is shown on page 6 of the account& The trustees, annua] report was approved on 17 O¢tober 2024 and signed on behaif of the board of trustees by.. Rev. Jonathan Brown Trustee William Kirkpatrtck Trustee Poge 4 cItURCH OF IRELAND DIOCESE OF DERRY & RAPHOE ST. LURACH'S PARISH OF MAGHERA Independenl examiner's report to the charity trusttts of SL Lurach's Parish of Maghera I rewjrt on the fin2ncial stat¢m¢nts for year ended 31 D¢¢ember 2023, which are set out on pages 6 to 8. Respective Responsibilities of charity truslees and examiner As the charity'5 trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northem Ireland) 2008. It 15 my responsibility to: examine the &C￿Unts under section 65 of the ch￿ltieS Act follow the procedure laid dowi in the general Directions given by the Chartty Commission for Northern Ireland under section 65{9){bl of the Charities Act state wh¢ther particular matters have come to my attention. Basis of independent examiner's report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in ac¢ord8nc¢ with the general Directions given by the Charity Commission for Northern Ireland under section 65(9Mb) of the Charities ACL My examination included a review of the accounting records kept by the charity and a comparison of the a¢counts presented with those records. It a]so included consideration of any unusuat items or disclosures tn the accounts, and s¢eking explanations from you as charity trnstees ¢oncerning any such matters. My role is to state whether any materiai matter5 have come to my attention giving me cause to believe.. That accounting records were not kept in ac¢ordanTr with section 63 of the Charities Act. That the accounts do not accord with those accounting records. That the accounts do not comply with the accounting ￿qUIrements of the Charities Act. That there is further inforn)ation needed for a proper understanding of the accounts to be ached. I have completed my examination and have no concerns in respect of the matters {1) to (4) listed above and in connection with following D1￿ctionS of ihe Charity cOn￿niSsion for Northern Ireland I have found no matters that require drawing to your attentiOEL PFS Accountants and Auditors Ltd Chartered Certified Accountsnts 122 Main Street Dungiven Co Derry BT47 4LG Date . 17th October 2024 Page 5 CHURCH OF IRELAIYD DIOCESE OF DERRY & RAPHOE ST. LUK4CH'S PARISH OF MAGHERA STATEMINT OF RECEJpfs AND PA YMENTS ACCOUNT FOR THE YEAR ENDED 31ST DECEMBER 2023 Unresirietsd Furlds Rt5tricted Fwjds Notes Tothf ZOLI Totsj 2022 Reteipts OfftriDgs 74.763 74.763 11.928 13.777 3245 61.700 -635 13.777 3245 Rcclvry Fund Sp¢ri31 collectiotts & donatioL% Insurance cIaim PowerNI ViDtag¢ olly In$ut*)¢¢ MpeA Dio¢esan Mid tll*erDistrittCouucil- W2Ued GardeD RCB Distribution Covid 19 Èi 1.952 8.149 1.786 1200 2.491 1.425 2.000 1.786 1200 ?.491 1.425 2.000 1,126 164 164 540 .476 540 l.476 540 190 2.064 78.866 Itster¢si Psyrntnts Rectory t[￿￿]city ReLt fo[ll￿ rectory Dio¢es2n office Electricity Walcrrares Heating oil 61.198 5.173 162 61.198 5.173 162 5.021 3.496 4.128 3.820 1250 1.832 1.094 300 312 236 250 1300 514 681 7.440 47.924 5.637 1250 1734 655 595 354 5.637 .250 2.734 655 595 354 Organist fee& org8ts ¢xp¢nses RKtor expenses Printing & Srationery V2sitingTe¢tors B¥nk fees Telephone Caterirtg ¢osts ChurBb r¢pait3 Sound 5ysr¢m up￿ade Upkn¢p & main￿￿￿re ofrectary al￿ grounth iticJvJiT¥ Killelagb R¢aory refiJrbishrn¢nE Remembr2L¢¢ SuDday Fields of lif¢ SuDday *hool ¢XPUL%¥ Bishops appeal Tre¢ ser¥ryces Cburch h￿Ctio1)S SuDdry expenses 966 966 2.094 5.118 2.642 336 288 655 1.000 15.162 704 4.491 336 288 655 1.000 288 100 704 4.491 2.146 116.245 116245 83.132 yDWllts fora5sets Totat P*yJwDts 116245 16.245 83.132 (Deficit)ISyrplus for iheyf4r (3241 13241 {4.2651 Recon¢lliatiott 31 Dectmber 2023 Cash atbaDk & in hand 30 DeceoJbÈr2022 Swiluslldefieitl this y¢u¢nd C￿h ai b2nk. & ￿ hand 31 DecembEr20J? 139.972 139.972 13?41 139.648 144.?37 142651 139.972 139.&18 PaB¢6 CHURCH OF IRELAND DIOCESE OF DERRY & RAPHOE ST. LUIi4CH'S PARISH OF MAGHERA STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 31ST DECEMBER 2023 2023 2022 Current assets C&sh at bank 0￿d in hand 139,648 139,648 139,972 139.972 Net current assets 139,648 139,972 Net assets 139,648 1)9,972 Funds of the charity Unrestricted funds Total charity funds 139,648 139,648 139,972 l J9.972 These financia] statements a¢counts were approved by the board of trustees and authorised for issue on 17 October 2024. and are signed on behalf of the board by: Rev Jonath8n Brown Trustee William Kirkpatrick Tnjstee Page 7 CHURCH OF IRELAt%T) DIOCESE OF DERRY & WHOE ST. LUK4CH'S PARISH OF MAGHERA NOTES TO THE FINANCLIL STATEMENTS ACCOUNrs FOR THE YEAR ENDED31ST DECEMBER2023 l GeDeTal itsfornlation Th¢ charity E$ a re8]￿ered charity in Northern Ireland and 15 iintncoryorated. The address of the principa] office is IS Church stred. Maghn Co Londonderry. BT46 SEA 2 Ststement of ¢ompJiaDce These fJnamcia] statements accounts hav¢ been prewdred in Compliance wth FRS 102.'The Financi￿ Rwrring Standard applicable in the UK and the Republic of Ireland,, the Statement of R¢¢ommellded Practice applicable to Charities preparing their accounts in accordance with the Fjnan¢l￿ Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 IChariti¢s SORP IFRS 10211 and the Charities Act (Northern Irelandl 2008. 3 Ae¢ounting poli¢ie5 B3s5$ ofpreparatio The fiTmnci￿ statements accounts haye been prepared on the historical cost b&8is. as rnodified by the TevaIuation of certain financial assets and liabilities and investment properties measured at fair vallle Ehrough income or expertditure The financi￿ statements accounts are prepa￿ in Sierlin& which is the fimctionaj currency of the entity. Going eoucern There are no mater￿￿ utKertainties about th¢ ¢han"tys ability to continue. S TaxatioD St. Lura¢h's Parish of Magherd is registered a ¢haTity fort&x purtK>ses FIM Revenue and accordingly is exempt from t￿tion. Pa8¢ 8