CHRITy REGISTIL4TION NUMBER: NIC104777 CHRCH OF IRELAND DIOCESE OF DERRY & RAPHOE ST. LUIL4CH'S PARISH OF MAGHERA RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2024
CHURCH OF IRELAND DIOCESE OF DERRY & RAPHOE ST. LURACH'S PARISH OF MAGHERA Contents Page No Infornlation page Tntee'S annual report 24 Independent Examiners Report Receipts and Payments Accounts Statement of financial positlon Notes to the Accounts
CHIJRCH OF JREL.4.VD DIOCESE OF DERRY & RAPHOE ST. LURACH'S PAiUSH OF MAGHERA Trustees Stephen Richardson David Montgomery - resigned l 0.04.24 Elizabeth Montgomery Adeleine Selfridge Nigel Selfridoe Pearl Moore Williarn Kirkpatrick Jacqueline Moor¢ Aileen Riddle Anne Crooks - App 10.04.24 Stephen DrennaD - resIged l 0.04.24 Hilary McKenzie Robert Rainey Alistair McKinley MerwA Hutchinson - resigned l 0.04.24 Noel Booth Rev Jonathan Brown Philip Montgomery- resigned l 0.04.24 Shirley Kirkpatrick- app 10.04.24 Des Mccready app 10.04.24 Heather O'malley app 10.04.24 Address 15 Church Street Maghera Co Londonderry B T46 SEA Accountants PFS Accountants and Auditors Ltd Chartered Certified Accountants 122 Main Street Dungiven Co. L'derry BT47 4LG Page 3
CHURCH OF IRELAND DIOCESE OF DERKY & RAPHOE ST. LURACH'S PARISH OF MAGHERA TRUSTEES, ANNUAL REPORT FOR THE IAR ENDED 31ST DECEMBER 2024 The tsiastees present the rewrt and the unaudited financial st&tnents IOUnts of the charity for the year ended 31 December 2024. RefETenet administradve dttaijs Rtgrstered Charfty Name Church of Iteiant( Dioctte of Derry& Raphot, SL Lurachs Parish of Magher Charity rlStratiOn Dumber NIC104777 Prineipal Ol¢t 15 Church Street Magh¢ Co Lottdonde BT46 SEA The trustees Sr¢ph<n iknchardson- r¢sisned 10.04.24 EliL4b¢th Dawson- resign¢d D2vid Montgomery- Tesigned 10.04 ?4 EliTabcth Montgomery Adelee S¢lfri(fge Nig¢1 Selfridg P¢arl Moore Alana Shiels- resIed William Kirkpatrck Jacquelirte Moore Stsphcn Drennan HilaryMcKenzi¢ Robert Raitiey Alistair Mc1)1¢Y Menwi Hutchi- reSi¢d 10.04.74 No¢1 Booth Alan Workman- TesTgned Rev Jonathan Brown Philip Montgomery- tcsigned 10.04.24 leen Riddl Ann¢ Crooks_appointcd 10.04.24 ShirleyKirkpatriek_ appointed 10.04.94 Dts Mccready-appothted 10.04.24 Heather Omalley-appointtd 10.04.24 AccouDt2nts PFS AccoununL8 2nd Audilot5 txd Chartered certif1 Accountants l?? Main Street Dungivtn Co Derry BT47 4LG Struetur4 governante *tJd managernent SL LurAch& Parish of Ma-herd is a charity ttwiaged by the tDJsttts. ObjeCve$ #nd activities The ¢haritable purpose of Ihe Church of Ir¢lamd is the adYan¢¢mertiof religion. The principal fimction of Si Lvra¢h'$ Parish of Magh¢ra 15 to support th¢ advdnccmcnt of th£ Chrisiian religion by protnoting, t[oUgh thc work of St Lurach's Parislj, th¢ wholc mission of th¢ Cburchy pastoral, cvangelistiq social and e¢um¢ni¢al. Being opej) ¢0 and engaging society and offering support for thos¢ needing help arc fvndamcnral to th¢ ptactical d¢liv¢ryof the benefits of Christianity. As a rcsult of activity, in the putsuil of the advanc£menr of tiic Christian Tcligiot4 St LuAch's Parish of Ma-hera has ¢ustodyof propertyand of Tecords, mat¢riils and art¢f8¢ty of significanc¢ to the cultural and relitsious heritsgeand maintenance of whicb is und¢rtaJ(en bythe Select Vtsty ofst Lurnch's Pari5b of Magh AchitvemenWerforniaD¢¢ & Public Benefit To help achieve the adwancement of the Chtisiian Feligion and PToNryde publi¢ benefi4 th¢ S¢le¢t Vesty of St LuJach%. Ma-hera & ll¢lagh, continued to share the truth and lov¢ of Christ in our community. Our vision stalemenL "A family that lovcs Jesus and ha5 his hcart for the woild" is at Ih¢ ctntre of all c3rricd out by th¢ Parish and charity. This wsion was expressed dllrino January2024, when wt held a'l¢aming lo pray. Cours¢ foT those wanting to l&qrn whe io bryin with prayer. Additionally. we ran x'pre-marriage ¢ollrse' for tljose thinking about getting Tnarried. In February, we both commissioned a new'Parish Reader,. Mrs Hilary McKenae, and ce12brdted 25 yeats of faith1 parith ministryby Miss P&irl Moorc. Pag¢4
During L¢nL we started with a Special lunch in aid of Macmillan Canc¢r Support which rdis¢d £IOOO. kecognisiDg th¢ wliich canccT Thndlife Can i])flici, we Illcii sougkniio'wii1¢vj1lkn rd. indall thebig questiOll5 ihrouth evening seThryces durins Ltnt on th¢ P521ms As we JJearedEts5teT, Ik¢ Pdriib iij ilJtsluLfiiJ¥ a non-trddiiional'"MessyGood Fridajl. event foT cliildrcn and families. Al08 with participation in school 2ssemblic5, our 5pirimal ctre and numwe forehildren has a MLal ministyand public ben¢fit to our Community. As we moved from Easter towards the summer. we held a-Discipl¢ship Explored, course foianyone seeking 10 undersr2nd the bsie5 of Christian livints. Tben as tli¢ fjrsi half of 2024 was drawing towards a ¢10s4 in June we had a special"aJildr¢L's DI, wtth BBQ, along with a'"ViJJlage Car" rally foT the comniunity. During the summtT, mindful that the Olympics were beintr held in P3ris this year, we held a ¢hildren'5 holiday bible ¢lub ralled"Run the Race- and then we took w i]] a communityday in Maghera Wailed Garden byseuing up a BBQ stand. As we kn¢ked off the new church year in Septemb¢r. we did so with a"24-Hour Prdyer" ¢venL which inMt¢d members of the Patish and community lo bring all theiicares- SPlTi¢ual, emotional. and practical, to God. for IheTnselves, tb¢ParislJ, and the MMunity- All were welcome and St L4]rach's Church retnained open throughout the night 10 be accessible to erytsne in Maghen and beyond. R&iching out with thc lovc of Jesus. wc held a spc¢ial 'back40-scbool' xrwcc foT childrery parents and th0 working i education called th¢"Blttsing of the Bags" We invited them to brin- their s¢hool bags or briefcases and duriDg the s•vic we pray¢d blessing upon them and all that this ye4r lind their bagsl} would hold. Morwv¢T, utiIisTng the changin<N seasons, Harvestwas cel¢brared with a"Big Brtaldast" and special HaTvesl servic£s tn both cliurches in octor. And &$ wt moved into November and the theme of 'R¢membrdnce', we he]d a special senryce for'Baby Los5 Aw8ren¢ss Week., and traditional Services on Retntmbrance SuDday for the Parish as well as hosting ODe for tht Royal British t£gion (Upperlands Brdn¢h). Cbildrenl ministrycontinued aftd increased throughout the year. From the Parish Sunday School group rest2fting, 10 special evtnts held for primary4ge childTen such as a'Festival of Light" 10 e4)incide with All Hallows Eve. Additsonally, we hosted a cliildr¢n's Christmas p3rryathd EnjosEd a chilthn's NatiWtyPlay. Jn Deccmbcr. ailing ryth a return of th¢ Ptyrrish Christmas dinn¢T, a special ¥cri¢5 of ¢v¢nts and scrwces wtr¢ held lo ¢¢l¢bratr the true m¢aning of Chtistmas. The theme was a'christmas of Carols" dwing which we look-all the favoutite carols 2nd ustd them to explain how they told th¢ Christsna5 story. Such events included traditional church s¢rvic¢4 an ecumenical Carol serwce held in aid of'cancer Restah, t verysucc&%sfvl'foullnunityC&Tol8 byMoonlighV' b¢ld in the Reciorygrounds. a'Fivc Lessons and CtroL%' senryce at,141Th Court" sheltrr¢d hougin& and a Parisljioner's F&vollrire Carols. S¢TViCe. Wc bclievc th2r thc Parish of St Luracb's. Magherd & Killelagh M&ingllY dclivercd irs m$ and objeclivL%. The charity lisicd as %t tllrnch's Parish, Magh¢ra" has Iriven carefvl wnsideraiion lo tbe'charitycommission forNt' guidance on public t¢nefit to ensure that theaetivilies ent¢r¢d into during the y¢ar hav¢ helped to achieve tht ptirish obj¢¢tives and a¢illryti, as well as prodin public bencfii 10 the wider Community. All in all. we aTt pled with all the good work done and completed by the end of 2024. We look forward with antieipaiion and excitement to a]1 that 2025 will hol FiDaneial review Durin<r thc J¢ar the charity a nel dcfi¢it of £324. This is Sho1) on page 6 of the accounls. nie mL4tees' attnual report was approved on 8 October 20?J and signed on bebalf of the board of trustees ty. Rev. JoDathatt Brow Tn]S¢ William knrkpatrick J &knrTr-- Page 4
CHURCH OF IRELAI¥D DIOCESE OF DERRY & IL4PHOE ST. LURACH'S PARISH OF MAGHERA IDdependent examiner's report to the charity trustees of SL Lurach's Parish of Matyhera I report on the fi]Jancial statements for year ended 31 December 2024. which are set out on pages 6 to 8. Respective Responsibitities of charity trustees and eTaminer As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It TS my responsibility to= examine the accounts under section 65 of the Charities Act follow the procedure laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act state whether particular matters have come to rny attention. B#sis of independent examiner's report I have examined your charity accounts as required under section 65 of the Charities Act and rny examination w&8 carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. My examination included a review of the accounting records kept by the charity and a cornparlson of the accounts presented with those records. It also included consideration of aDy unusual items or disclosures in the accounts, and seckiTh(y explanations from you as chaTity trustees concerning any such matters. My role is to stale whether any material matters have come to my attention giving me cause to believe: Tbat accowiting records were not kept in aecordance with section 63 of the ChaTiti¢s ACL That the accounts do not accord with those accounting records. That the accounts do not comply witb the a¢counting requirem¢nts of the ChaTiti¢s Act. That there is fillther information needed for a proper understanding of the accounts to be reached. I have wmpleted my cxatnination and have no concerns in r¢spect of the matters (l) to (4) listed above and, in connection with following Directions of the Charity Comrnission for Northern Ireland. I hav¢ found no matter5 that require drawing to your attention. PFS Aeeountants and Auditors Ltd Chartered Certified Accountants 121 Main Street Dyngiven Co Derry BT47 4LG Date . 8th October 2025 Page 5
CHURCH OFZRELA.TrD DIOCESE OF DERRY & RAPHOE ST. LUR&CH'S PARISH OF MAGHEIL4 STATEMETrU OF RECEIPTS AND PAyMErS ACCOUNT FOR THE YEAR ENDED 31ST DECEMBER 2024 Unrestricted Funds RE5tricted Funds Note5 21b24 2023 Receipts Offtrilltts Miscellaneovs Gift aid Rcctory Fund Speei3I wll¢¢tions & donations Insurance cl Pow¢r NI Vintagt Tally InsurJntt MPCA Diocesan grant Mid Ulster Dtstri¢L Council- Walled GardeD RCB Distribution Land Rent Interest Dirrid¢nds EFn investments 73.999 10.927 18.685 4.372 51? 73,999 10.9)7 18,685 4.3n 512 74,763 11,928 13,7TI 3,?45 1,786 1,200 2,491 1.425 1.275 3,626 1.500 ?75 3,6?6 1,500 1,426 1.426 1,126 540 1.83? 1,900 120,604 540 1,832 1,900 120,604 540 1,476 115,9?] Payments Rectory ¢lth¢ity Rcnt for ttew Tectory Diocesan offi¢¢ Elecsricity Rates Heating oil Insuran¢¢ OrgaDiSt fee & organ exp¢nses ReCr ¢xp¢nses Printing & Stationcry VisitiDIF r¢¢iors Accountan fee5 Bank fees Tclephon¢ Cat¢Titsg costs Church repairs Sound system Upsde Upkeep & tenance of re¢thry and grounds including Kill¢lagb Rectoryrepairs Remtmbrance Sunday Fields of lif¢ Sunday sehool expcn5e5 Bishops appeal 74.928 3,721 3,097 4.174 6,056 ,500 74,9?8 3,721 3,097 4,174 6.056 1,500 61.198 5.173 162 5,637 1.250 884 680 384 307 693 820 11.320 884 680 384 307 693 820 655 595 354 966 2,094 5,118 2,642 168 168 336 188 655 1,000 15.162 704 4,491 31? 312 302 3,168 949 3,355 3.168 949 3,355 ChuTch fiujclions Sundry exp¢nscs 116,?45 Pxymtnis for assets Totsl Payments 116,245 (Defititl I Surplus for tFL¢ year 3.787 J,787 13241 Re¢oThelllaiioll 31 December 2024 Cash at bank & in band 30 Decemb¢r ?OJ? Surpluslldeficitl this ar end C&%h atbank & in hand 31 Decernb2r 1024 139,648 3.787 143.435 139,648 3.787 143,435 13241 139,648 Page 6
CHURCH OF IRELAI DIOCESE OF IJERJIV k X.&PHOF ST. LURACH'S PARISH OF MAGHEIL4 STATEMENf OF FINANCIAL POSITION FOR THE YEAR ENDED 31ST DECEMBER 2024 2024 2023 Current assets Cash at bank and in hand 143,435 143,435 139,324 139,324 Net current assets 143,435 139,324 Net assets 143,435 139,324 Funds of the charity Unrestricted funds Total charity funds 143,435 143,435 139.324 139,324 Tbese fmancial statements accounts were approved by the board of trustees and authorised for issue on 8 October ?025, and are signed on behalf of the board by.. Rev Jonathan Brown TTUStee William Kirkpatrick Trustee Page 7
CIIURCIIOTIRELAI)D DIOCESE OF DERRY & RAPHOE ST. LURACH'S PARISH OF MAGHER NOTES TO TEIE FINANCLAL STATEMEpifs AccoifNTS FOR THE ITAR EP4DED 31ST DECEMBER 2024 l G¢neraJ infonnation The charity is 2 registered CEity in Northern Ire12tsd and is [ULincoOrattd. The addtess of the priDcipal office 1$ 15 Church streeL MaJer4 Co tnndondeTry, BT46 SEA 2 Staternent of compliaDte These fu)anciai statCTneuts accounts have been Prepar iu compliance witb FRS 102.'The Financial Reporting Sr2ndaTd applicable In the UK atjd the Republic of Ireland,, the Statement of Recommended Practice applicable to chartttes preparing tlieir accounts in accordznce with thc Financial Reporting Standard applEcable in the UK and Republic of Ireland (FRS 10?) (Charities SORP (FRS 1021) and the Charities Act (Northern Ireland) 2008. 3 Accounting policies Basi5 of preparation The financial ststements accounts l)ave been prepared on the histori¢8] cost basis, as modified by the maluation of certain rlnancial &sseLS and liabilities and investment properti¢S TD¢asured at fair value through income or expendiwre The fitsaDcial statements accounts are prepared in sterliD& which is the fictiOnal CuencY of the entity. Going contern Thert are no material uneertainties about the chari(Is abiliry to ¢onlinue. S Taxation St. Lura¢h's Parish of Magbera is regist¢red as a charity for rax pury>oses with HM Rtvtllue and accordinuly is exempt from tsxation. Pa8e 8