**CHARITIES REGISTRATION NUMBER: 104857**
## **ST. CANICE'S CHURCH**
**TRUSTEES' ANNUAL REPORT AND STATEMENT OF RECEIPTS AND PAYMENTS AND ASSETS AND LIABILITIES**
## **FOR THE YEAR ENDED 31 DECEMBER 2022**
## **PFS & PARTNERS**
Chartered Certified Accountants 16 Main Street Limavady Co. Londonderry BT49 0EU
**St Canice’s Church Year Ended 31 December 2022**
|**Contents**||
|---|---|
||**Page**|
|Charity information|1|
|Trustees' annual report|2-4|
|Independent examiners report to the trustees|5|
|Receipts and payments account|6-7|
|Statement of assets and liabilities|8|
|Notes to the accounts|9-11|
**St Canice’s Church**
## **Year Ended 31 December 2022**
## **Charity Information**
|**Charity registration number**|104857|
|---|---|
|**Trustees**|Rev Canon P Hoey|
||C Donnell|
||E Moore|
||W Driver|
||W Deacon|
||D Holmes|
||A Turner|
||E Way|
||A Thompson|
||R Sinclair|
||M Montgomery|
||D Pentland|
||V Faith|
||B Driver|
||O Cathers|
||T Jennings|
||D Thompson|
|**Principal office**|21 Main Street|
||Eglinton|
||BT47 3AB|
|**Independent examiners**|PFS and Partners|
||16 Main Street|
||Limavady|
||BT49 0EU|
|**Bankers**|Danske Bank|
||27 Glenshane Road|
||Londonderry|
||BT47 2LN|
1
**St Canice’s Church**
## **Year Ended 31 December 2022**
## **TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022**
The Trustees present the annual report and statement of receipts and payments and assets and liabilities for St. Canice's Church for the year ended 31 December 2022.
## **Objectives and Activities**
The charitable purpose of St. Canice's Church is the advancement of religion.
The principal function 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. Being open to and engaging with society as a whole and offering support for those needing help is fundamental to the practical delivery of the tenets of Christianity.
As a result of activity in pursuit of the advancement of the Christian religion, the Parish has custody of a large body of records, materials and artefacts of significance to the cultural heritage, the maintenance of which is undertaken by the Parish as a secondary charitable purpose.
## **Achievements and Performance**
At the start of 2022, there were still COVID restrictions in place that limited numbers attending services and functions. Thankfully, these were lifted in February 2022, and the parish saw numbers increase as people gained in confidence about mixing socially. The return of Sunday School (JAM) on 18[th] September, and a “Back to Church” initiative the following Sunday, encouraged the return of families and parishioners.
We were particularly pleased that COVID restrictions eased, as 2022 was the 200[th] anniversary of worship in the current St Canice’s church building. The congregation celebrated by a year-long series of events that included:
- the return of previous clergy and parish readers to preach,
- a talk by a local historian, Brian Mitchell, on the history of the church,
- the commissioning of a poem from local poet, Sam Burnside, presented on a card with artwork by Tim Webster
- a Duck Derby,
- a showcase concert by Opera Hibernia,
- a parish lunch,
- the development of an embroidered Memory Cloth,
- a Nativity Scenes’ Festival, and
- a Christmas Concert
In March, the parish also placed a kindly-donated bench in the grounds to mark the 100[th] anniversary of the establishment of Northern Ireland. On 5th June, a Platinum Jubilee Service was held to recognise Her Majesty’s coronation 70 years previously. Following the service, as part of the Queen’s Green Canopy (QGC), a UK-wide tree planting initiative, the parish planted cherry and rowan trees, kindly donated by the Women’s Institute, and enjoyed lunch together.
2
**St Canice’s Church**
## **Year Ended 31 December 2022**
## **Trustees Report 2022 continued...**
The parish prioritised recruiting a Youth Worker, a post to be shared with the local Presbyterian Church as a means of re-engaging young people post-COVID. We were delighted, in July 2022, to receive a grant of £10,000 from the National Lottery Community Fund. In conjunction with the Presbyterian Church, St Canice’s commenced the recruitment process. Although we have been unsuccessful in appointing in 2022, we are hoping to fill this important post in 2023.
The Select Vestry continued to develop its plans to build a new parish centre to replace the parish hall which had been badly damaged in the 2017 flood. Its work was supported by a Hall Project Group which met regularly throughout the year and made recommendations to the Select Vestry. At the end of January 2022, the parish submitted an updated financial plan to the Diocesan authorities, and this was approved in February 2022, subject to the income from the sale of an asset being secured, and an updated quote from the building contractor. In February 2022, the war in Ukraine commenced and this had a significant impact on the cost of building materials etc. As a result, the parish received an updated quote from the building contractor that increased the overall cost of the project by approximately 25%. Members of the Vestry met with the Quantity Surveyor and Building contractor to discuss what would be possible. Following this, a model was developed which, while not delivering the full project immediately, would be affordable.
Parishioners committed to contribute to the church’s Building Fund when it was launched in June 2021. By the end of 2022, the Select Vestry was pleased that parishioners had largely adhered to their pledges, while noting that some contributors had died or left the parish. Nevertheless, the Building Fund remained on target for 2022. An important contributor to the Building Fund is the income received from the parish thrift shop “New Beginnings”, which opened in December 2019. As well as bringing muchneeded additional income for the church’s Building Fund (£34,000 in 2022), the shop has proved to be an important part of St Canice’s ministry in the local community. Its success is due to a team of committed volunteers, and the quality of donations received from across the community. The Select Vestry decided in December 2022 to share grants of £500 each to other charities: Bishops’ Appeal, Foyle Search and Rescue, Methodist City Mission, Londonderry Orphans’ Society, and St Vincent de Paul. In this year, the parish also donated to the Bishops’ Appeal for Ukraine, and organised a Food Bank collection in the village of Eglinton, recognising the increased need in the community as a result of cost-of-living pressures.
## **Public Benefit**
The expression of the precepts of the Christian religion through engagement with the general public, and in particular with the disadvantaged, the sick, the elderly and the young is a public benefit. This can be measured and evidenced through increased social integration and pastoral care delivered at the point of need. The direct benefit of participation in Church life includes the enjoyment of public worship and the giving and receiving of pastoral ministry, improved understanding of the values relating to civic engagement, community cohesion and providing a bridge between diverse groups as well as improved educational outcomes through the Church's ministry of teaching. The beneficiaries are the general public. The public valuation of the benefits can be evidenced through attendance at public worship, participation in Church governance, willingness to support through contributions and the continuing witness of the Church. The wider benefit to the public will outweigh any detriment arising in the course of Christian outreach. Any private benefit arising out of the fulfilment of our Christian ministry or to lay staff is essential to the fulfilment of the purpose of the advancement of religion. No Trustee receives remuneration, reward, or other private benefit for carrying out their Trustee responsibility.
The direct benefits flowing from maintenance of a body or records, materials and artefacts include the provision of archive records, public enjoyment of cultural and historic buildings and artefacts such as church plate, furnishings, and materials as well as an overall improved appreciation of longstanding Christian heritage. This is demonstrated through on-going provision of access to records and the use made of these records in, for example, research and genealogy, through conservation efforts in respect of records, property and artefacts and the subsequent and continued requests for access and use of our materials by wider society. There is no harm arising from the purpose. The beneficiaries are the general public. No private benefit is received by trustees fulfilling their trustee responsibilities in respect of these records, buildings, or artefacts, but in the course of conservation and to make
3
**St Canice’s Church**
## **Year Ended 31 December 2022**
## **Trustees Report 2022 continued...**
these accessible to the public, the engagement of professional staff and services is essential but incidental to the fulfilment of the purpose.
## **Compliance with Public Benefit**
The Parish has given 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 benefit.
## **Financial Review**
Our total income in the year was £176,915 (2021: £185,220) and this consisted of £77,806 (2021: £94,885) in our General Fund (Unrestricted Funds), £92,785 (2021: £80,761) in our Restricted Fund and £6,324 (2021: £9,574) income from Endowments.
Total expenditure for the year was £92,860 (2021: £112,879) of which £84,363 (2021: £98,642) was from General Funds (Unrestricted Funds), £4,697 (2021: £14,237) was from Restricted Funds and £3,800 (2021: £0) was from Endowment Funds.
## **Trustees' policy on holding reserves**
It is the policy of the Trustees' that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to three month's expenditures. The Trustees consider that reserves at this level will ensure that in the event of a significant drop in income, they will be able to continue with current activities while consideration is given to ways in which additional funds may be raised.
## **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 2022 can be signed off as a going concern.
## **Structure, Governance and Management**
## **Governing Document and Constitution of the Charity**
Chapter Ill of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The Select Vestry members are the Charity Trustees.
## **Recruitment and Appointment of Select Vestry (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 this General Vestry meeting. The Select Vestry 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. The general vestry meeting took place on 10 April 2022.
## **Pay and remuneration**
Payments totalling £5,092 were paid to the incumbent member of clergy who served in the parish during the year for daily running expenses.
## **Organisational Structure**
The Select Vestry is a body of people elected under the Constitution of the Church of Ireland responsible for the day-to-day management of the parish. The Select Vestry consists of the member of the clergy (“the incumbent”) serving in the parish, along with 16 other members. The Select Vestry is responsible for making decisions on matters of general concern and importance to the parish
4
**St Canice’s Church**
## **Year Ended 31 December 2022**
## **Trustees Report 2022 continued...**
including deciding how parish funds are to be applied. It meets at times fixed by the members. In 2022, the Select Vestry met seven times during the year. Their work was supported by a number of Sub-Committees including the Finance Committee, the Hall Project Group, the Fundraising Committee, and the parish Development Group.
## **Statement of Trustees' Responsibilities**
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 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 sufficient 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.
Signed on behalf of the Trustees
**Rev. Canon P Hoey Trustee**
**Date:**
**Mr. E Moore Trustee Date:**
5
**St Canice’s Church**
## **Year Ended 31 December 2022**
## **Independent examiner's report to the charity trustees of St. Canice’s Church**
I report on the accounts of the Trust for the year ended 31 December 2022, which are set out on pages 6 to 11.
## **Respective responsibilities of charity trustees and examiner**
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008.
It is 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 Commission under section 65(9)(b) of the Charities Act,
- state whether 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 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 comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts and seeking explanations from you as charity trustees concerning any such matters.
My role is to state whether any material matters have come to my attention giving me cause to believe:
1. That accounting records were not kept in accordance with section 63 of the Charities Act.
2. That the accounts do not accord with those accounting records.
3. That the accounts do not comply with the accounting requirements of the Charities Act.
4. That there is further information needed for a proper understanding of the accounts to be reached.
## **Independent examiner's statement**
I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with the following Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention.
PFS & Partners Chartered Certified Accountants 16 Main Street Limavady BT49 0EU
6
## **St Canice’s Church**
## **Year Ended 31 December 2022**
## **Receipts and Payments Accounts**
|**RECEIPTS**
**Donations & legacies**
Freewill offering
Donations
In memoriam
Baptisms
Special collections
**Charitable activities**
Sale of graves
Fundraising income
Sundry income
New Beginnings shop income
**Investment income**|**Unrestricted**
**Restricted**
**Endowment**
**Total**
**Total**
**Funds**
**Funds**
**Funds**
**2022**
**2021**
**£**
**£**
**£**
**£**
**£**
65,578
-
-
65,578
67,684
356
1,040
-
1,396
1,294
2,180
-
-
2,180
1,370
50
-
-
50
72
-
1,725
1,725
1,414
-
-
-
1,650
-
-
1,650
1,500
1,628
17,210
-
18,838
30,262
1,929
-
-
1,929
588
-
42,625
-
42,625
25,876
-
-
-
-|
|---|---|
|Investment income|-
-
6,324
6,324
9,574|
|Bank interest receivable
**Other income**
RCB church grants
Allchurches grants
HMRC - CJRS
Covid grants
Youth worker funding
**Total receipts**
**PAYMENTS**
**Expenses**
Diocesan assessment
Youth worker salary
Youth worker expenses
Youth worker pension
Insurance
Rates
New Beginnings shop rent
Heating and lighting
Printing and stationery|69
185
-
254
154
-
-
-
-
20,000
-
20,000
30,000
-
-
-
-
1,300
-
-
-
-
7,044
-
-
-
-
7,088
4,366
10,000
-
14,366
-|
||**77,806**
**92,785**
**6,324**
**176,915**
**185,220**|
||**Unrestricted**
**Restricted**
**Endowment**
**Total**
**Total**
**Funds**
**Funds**
**Funds**
**2022**
**2021**
**£**
**£**
**£**
**£**
**£**
62,780
-
-
62,780
61,104
-
-
-
-
13,534
-
-
-
-
107
-
-
-
-
702
4,373
-
-
4,373
4,218
1,752
-
-
1,752
1,622
-
3,300
-
3,300
3,525
3,498
-
-
3,498
782
890
-
-
890
2,694|
|Groundworks|-
-
3,800
3,800
3,800
171
-
-
171
173
891
-
-
891
1,229
-
-
-
-
4,906
187
-
-
187
179|
|Repairs and maintenance
Sundry expenses
Equipment
Bank interest and fees||
7
## **St Canice’s Church**
## **Year Ended 31 December 2022**
## **Receipts and Payments Accounts Continued…**
|**PAYMENTS**
Clergy expenses of office
Fundraising costs
Church cleaning
Special collections
Gifts
Charitable donations
Event expenses
PPE
Accountancy fees
**Total payments**
**Net of receipts/(payments)**
Transfers between funds
Net movement in funds
Cash funds brought forward at 1 Jan 22
Cash funds carried forward at 31 Dec 22|**Unrestricted**
**Restricted**
**Endowment**
**Total**
**Total**
**Funds**
**Funds**
**Funds**
**2022**
**2021**
**£**
**£**
**£**
**£**
**£**
5,092
-
-
5,092
3,088
1,170
-
-
1,170
1,800
1,220
-
-
1,220
1,320
-
-
-
-
2,421
1,000
157
-
1,157
1,704
-
1,200
-
1,200
-
260
40
-
300
-
-
-
-
-
871
1,080
-
-
1,080
3,100|
|---|---|
||**84,363**
**4,697**
**3,800**
**92,860**
**112,879**|
||**(6,557)**
**88,088**
**2,524**
**84,055**
**72,341**
**-**
**-**
**-**
**-**
**-**|
||(6,557)
88,088
2,524
84,055
72,341
15,878
218,228
9,574
243,680
171,339|
||**9,321**
**306,316**
**12,098**
**327,735**
**243,680**|
Rev. Canon Paul Hoey Trustee Date:
Ernest Moore Trustee Date:
8
## **St Canice’s Church**
## **Year Ended 31 December 2022**
## **Statement of Assets and Liabilities**
**----- Start of picture text -----**
Unrestricted Restricted Endowment Total Total
Funds Funds Funds 2022 2021
£ £ £ £ £
Cash funds
General account 9,301 11,220 12,098 32,619 25,794
Number 2 account - 127,761 - 127,761 127,794
- -
Building fund account 167,335 167,335 90,072
Petty cash 20 - - 20 20
Total cash funds 9,321 306,316 12,098 327,735 243,680
Investment assets
Investments in CIT/RCB unit trusts - - 152,499 152,499 172,757
Total investment assets - - 152,499 152,499 172,757
Assets retained for the Parish's own use
- -
Rectory 240,000 240,000 240,000
Portacabin 21,980 - - 21,980 21,980
Building works 13,576 - - 13,576 30,576
Total assets retained for the Parish's own use 275,556 - - 275,556 292,556
Total assets 284,877 306,316 164,596 755,790 708,993
**----- End of picture text -----**
Rev. Canon Paul Hoey Trustee Date:
Ernest Moore Trustee
Date:
9
**St Canice’s Church**
## **Year Ended 31 December 2022**
## **Notes to the Receipts and Payments accounts**
## **1. Accounting policies**
Set out below are the principal accounting policies which have been adopted in the compilation of the Receipts and Payments Account and the Statement of Assets and Liabilities.
## **(a) Receipts and Payment Account**
All items of income and expenditure included within the Receipts and Payments Account have been accounted for on a cash receipts basis.
## **(b) Statement of Assets and Liabilities**
## **(i) Assets retained for Parish's own use**
The assets of the Parish, retained for its own use comprise:
Church Building and Graveyard Church Hall Rectory
The Church Building and Graveyard are deemed to be Heritage assets as defined by the Charities SORP (FRS102). 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 Church Hall is not recognised in the Parish statement of assets and liabilities as there are no reliable records of the cost of construction/acquisition and the valuation approach for such a building lacks sufficient reliability.
The Rectory is recognised at deemed cost, being the estimated fair value of the property at 21 Main Street, Eglinton, BT47 3AB. No depreciation has been provided on the Rectory as the current estimated residual value is not less than it’s carrying value and the remaining useful life currently exceeds 50 years.
## **(ii) Investments**
Investment in RCB Unit Trusts are initially recorded at cost and are then subsequently stated at fair value at each year-end date.
## **2. Reconciliation of cash funds**
|Total cash funds at the beginning of the year
Receipts for the year
Payments for the year
Total cash funds at the end of the year|**£**
243,680
176,915
(92,860)|
|---|---|
||327,735|
10
**St Canice’s Church**
## **Year Ended 31 December 2022**
**----- Start of picture text -----**
3. Movement in funds Incoming Outgoing At 31
At 1 January Resources Resources Transfers December
2022 2022
£ £ £ £ £
Endowment funds 9,574 6,324 3,800 - 12,098
Total endowment funds 9,574 6,324 3,800 - 12,098
Restricted funds
Flood Relief and Insurance claim 46,293 - - - 46,293
Building fund 117,505 18,096 - - 135,600
RCB grant re church hall 30,000 20,000 - - 50,000
New Beginnings Shop 9,616 42,625 4,657 - 47,584
R Cochrane - Estate 10,000 - - - 10,000
R Driver - In Memorium 300 - - - 300
Rectors Challenge 500 - - - 500
Church of the Cross USA 3,678 - - - 3,678
Special Collections 336 1,725 - - 2,061
Donation towards funeral tea David Holmes - 40 40 - -
200th Anniversary Concert (Bishops Appeal) - 300 - - 300
Youth worker funding - 10,000 - - 10,000
Total restricted funds 218,228 92,785 4,697 - 306,316
Unrestricted funds
General fund 15,878 77,806 84,363 - 9,321
Total unrestricted funds 15,878 77,806 84,363 - 9,321
Total funds 243,680 176,915 92,860 - 327,735
**----- End of picture text -----**
Income from RCB/CIT unit trusts used for maintaining church grounds and graves.
## **Purpose of Restricted Funds**
Flood Relief and Insurance Claim: A significant part of the village of Eglinton (including the homes of parishioners, the Parish Church, and the Church Hall) was flooded in August 2017. This is a fund representing donations received from parishioners, the Diocese and others to provide flood relief to those affected together with an interim payment from the parish's insurers to help meet ongoing costs whilst the Insurance claim for the damage to Church property is being settled.
The Building Fund: St. Canice’s Church building and hall were badly damaged during flooding in the village in August 2017. The Building Fund was established to facilitate donations from parishioners who wished to contribute to the enhancement of the church during its restoration and the potential new build of the church hall.
R Cochrane - Estate: These funds were donated to be used to fund activities and projects as determined by the Rector.
R Driver - In Memorium: These funds were donated to be used to fund activities and projects as determined by the Rector.
Rectors Challenge: These funds were donated to be used to fund activities and projects as determined by the Rector.
Church of the Cross USA: These funds were donated to specifically help with development activities in the Parish.
11
**St Canice’s Church**
## **Year Ended 31 December 2022**
Special Collections: This is money collected to donate to a specific cause.
200[th] Anniversary Concert: These funds were donated to specifically help with the costs of the 200[th] Anniversary Concert.
Youth Worker Funding: These funds were donated to specifically help with the cost of a Youth Worker. No Youth Worker was employed during the current financial year, but these funds are earmarked for a future Youth Worker.
## **Purpose of Unrestricted Funds**
General Fund: This is for the day to day running of the Parish.
**----- Start of picture text -----**
4. Special collections for third parties 2022 2021
£ £
Mahajanga - 1,034
Earl Haig Fund Scotland - 200
Ukraine Collection 1,725 -
1,725 1,234
**----- End of picture text -----**
## **5.Transactions with the Trustees**
No trustee received any remuneration or reimbursement of expenses during the year.
No trustee or a person related to a trustee had any personal interest in any contract or transaction entered by the charity during the year.
12