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 2023
PFS & PARTNERS
Chartered Certified Accountants
16 Main Street
Limavady
Co. Londonderry
BT49 OEU

St Canice's Church
Year Ended 31 December 2023
Contents
Page
Charity information
Trustees, annual report
Independent examiners report to the trustees
Receipts and payments account
Statement of assets and liabilities
Notes to the accounts
10-12

St Canice's Church
Year Ended 31 December 2023
Charity Information
Charity registratlon number
104857
Trustees
Rev Canon Paul Hoey
Charles Donnell
Ernest Moore
William Driver
Wendy Deacon
Ann Turner
Elaine Way
Roberta Sinclair
Melonie Montgomery
Daphne Pentland
Valerie Faith
Rebecca Driver
Olga Cathers
Tracy Jennings
Derek Thompson
Maeve Curry
Principal office
21 Main Street
Eglinton
BT47 3AB
Independent examiners
PFS and Partners
16 Main Street
Limavady
BT49 OEU
Bankers
Danske Bank
27 Glenshane Road
Londonderry
BT47 2LN

St Canice's Church
Year Ended 31 December 2023
TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees present the annual report and statement of receipts and payments and assets and
liabililies for St. Canice's Church for the year ended 31 December 2023.
Objectives and Activities
The charitable purpose of Sl. Canice's Church is the advancement of religion.
The principal function is to support the advancement of the Christian religion by promoting Ihrough 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 advancemenl of the Christian religion, the Parish has custody of
a large body of records, materials, and artefacts of significance to the cullural heritage, the maintenance
of which is undertaken by the Parish as a secondary charitable purpose.
Achievements and Performance
2023 was St Canice's first year since 2020 without any restrictions associated with the COVID
pandemic. We were pleased to note that the numbers of people returning to church continued to
increase, as did the numbers of children attending Sunday School (JAM). In September 2023, JAM
moved to weekly from the fortnightly offering the previous year. We also introduced a Daybreak
service once a month, targeted at young families. From 18th October, Midweek Holy Communion was
reintroduced, designed to be wheelchair accessible and dementia friendly.
11 is difficult to offer regular opportunities to be togelher as a church family when we do not have a
usable church hall. However, we held a number of successful events, including a Beetle Drive
(January), a Reindeer Drive (December), and a Coronation lunch (May), thanks to the support of the
local Orange Lodge who kindly lent us their hall. We also enjoyed our annual parish bus outing in
September, and a guided tour of Derry's walls in November. In October, we completed the celebration
of our 200th anniversary of the church building with the interment of a time capsule in Ihe church
grounds, lo be opened in fifty years. and the display of a Memory Cloth with parishioners, names
embroidered on it.
In terms of outreach to the wider community, we hosted a well-attended event on Saturday 22nd April
examining the Enagh Lough crash during the Second World War. We also held a hugely successful
Pets, Service in October, attended by a significant number of well-behaved dogs. a firsl in the village.
A series of Christmas events and carol services allowed us to present over 100 children's presents and
£500 to the Salvation Army.
The Select Vestry's business continued to be dominated by the planning for a new parish centre to
replace the parish hall which was badly damaged in the 2017 flood. In February, the Rector made a
presentation to parishioners about the current position, and continued to update them throughout the
year. Significant progress was made during 2023. The assel of the field was sold in December, with
legal completion happening by January 2024. The parish, with Diocesan support. undertook enabling
works that allowed us lo protect our planning permission that had been due lo expire in January 2024.
This was the single biggesl risk to the project's succes5. We submitted a grant application to Ihe Church
of Ireland's Representative Church Body in Dublin, and also secured the offer of a loan from Communily
Finance Ireland. We worked closely wilh Diocesan Committees to take the project forward.

St Canice's Church
Year Ended 31 December 2023
Trustees Report 2023 continued...
Parishioners committed to contribute to the church's Building Fund when it was launched in June 2021.
By the end of 2023, 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 2023. An important contributor to Ihe Building Fund is the income received from
the parish thrift shop "New Beginnings" which opened in December 2019. As well as bringing much-
needed additional income for the church's Building Fund (£48,470 in 2023), 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, 2nd the quality of donations received from across the community. The Select
Vestry decided in December 2023 to share grants of £500 each to olher charities: Foyle Search and
Rescue, St Vincent de Paul, Londonderry Orphans, Society, the Methodist City Mission, and the
Bishops, Appeal. In this year, the parish also donated to the Bishops, Appeal for the Middle East, the
Bishops, Appeal for Libya. and the Earl Haig Fund.
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. 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
has worked hard to identify a suitable candidate. Although we were unsuccessful in appointing in 2023,
we Gontinue to try to fill this important post.
Public Benefit
The expression of the precepts of the Christian religion Ihrough 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 Ihe 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 valualion 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 OU￿e1gh any detrimenl arising in the course
of Christian oulreach. 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 longslanding
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 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.

St Canice's Church
Year Ended 31 December 2023
Trustees Report 2023 continued...
Financial Review
Our tolal income in the year was £151,484 (2022.. £176,915) and this consisted of £72,758 (2022-
£77,806} in our General Fund (Unrestricted Funds), £74,417 (2022: £92,785) in our Restricted Fund
and £4,309 (2022: £6,324} income from Endowments.
Total expenditure for the year was £123,460 (2022.. £92,860) of which £85,621 (2022.. £84,363) was
from General Funds {Unrestri¢ted Funds), and £33,530 (2022.. £4,697) was from Restricted Funds and
£4,309 {2022: £3,800) 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 Ihal in the event of a significant drop in income, Ihey 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 aclivilies and the financial statements for the
year ended 31 December 2023 can be signed off as a going concern.
Structure, Governance and Management
Governing Document and Constitution of the Charity
Chapler111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation.
The Select Veslry 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 eleclion 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
meeling took place on 23 April 2023.
Pay and remuneration
Payments totalling £5,285 (2022.. £5.092} were paid to the incumbent member of clergy who served in
Ihe parish during the year for daily running expenses.
Organisational Structure
The Select Vestry is a body of people elected under the Constitution ofthe 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 including deciding
how parish funds are to be applied. It meets at times fixed by the members. In 2023, the Select Vestry
met seven times during the year. Their work was supported by a number of Sub-committees including
a Finance Committee, a Hall Project Group, a Fundraising Committee, and a 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.

at Canice's Church
Year Ended 31 December 2023
The law applicable to charities in Northern Ireland with Income of less than £250,000 requires the
trnslees 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 accounling 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:
£oL

St Canice's Church
Year Ended 31 December 2023
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 2023, which are set out on
pages6to 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 Direclions 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 lo
believe..
1. Thal accounling records were not kept in accordance wilh section 63 of the Charities Act.
2. Thal the accounts do not accord with those accounting records.
3. That the accounls 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 Ihe Charity Commission for Northern Ireland.
I have found no matlers that require drawing to your attention.
PFS L fI￿trAC(s
PFS & Partners
Chartered Certified Accountants
16 Main Street
Limavady
BT49 OEU

St Canice's Church
Year Ended 31 December 2023
Receipts and Payments Accounts
RECEIPTS
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
Total
2023
2022
Donations & legacies
Freewill offering
t)onations
In memoriam
Baptisms
Special collections
Charitablg activitles
Sale of gra￿S
Fundraising income
Sundry income
New Beginnings shop income
Investment in¢ome
In￿Stment income
Bank interest receivdble
Other income
RCB church grants
Youth worker fundirvJ
Total recelpts
69,624
382
69.624
382
65.578
1,396
2.180
50
1.575
1.575
1,624
1,624
1,725
690
690
1,650
18,838
1,929
42,625
361
22.769
23.130
47.871
47.871
80
4,309
4.389
2,199
6.324
254
2.153
20.000
14.366
176.915
72.758
74,417
4,309
151,484
PAYMENTS
Unrestrlcted
Restricted Endowment
Funds
Funds
Total
Total
Funds
2023
2022
Expenses
Diocesan assessment
Insurance
65,092
4.825
1,919
65,092
4.825
1,919
3.300
1,813
473
62,780
4.373
1.752
3.300
3.498
890
3,800
171
Rates
New Beginnings shop rent
Healin9 and lighting
Printing and slalionery
Groundwotks
3,300
1.813
473
3,500
809
3,500
1,495
637
Repairs and mainlenanee
Sundry expenses
Equipment
Bank interest and fee5
686
637
891
268
268
190
190
187

st Canice's Church
Year Ended 31 December 2023
Receipts and Payments Accounts Continued...
PAYMENTS
Unrestricted
Restricted Endowment
Funds
Funds
Total
2023
Totsl
2022
Fund5
Clergy expenses of office
Fundraising costs
Church cleaning
Special collections
Gifts
5,285
2,1
2,160
1.170
8Ct)
1.157
Charitable donations
E￿nt expenses
Accountancy fèes
Building Costs
Totsl pawnents
25,992
33.530
25,W2
123.480
85.621
4.309
92.860
Net of reCeipts1{pa￿nentsj
(12.862)
40.886
28,024
84,055
Transfers b8lMen fuTrJs
Net M0￿ment in fvnds
112,8621
9,321
13.541)
40,886
3C6.316
347.203
28,024
327,735
355.759
84,(￿5
243,680
327.735
Cash fvnds brought forward at 1 Jan 23
Cash ftjnds carried fr)Thfdrd al 31 Dec 23
12,098
12.098
Rev. Conon Paul Hoey
Trustee
Emest Moore
Trustee
Date..
111612oLf
Date..
2o2C

t Canice's Church
Year Ended 31 December 2023
Statement of Assets and Liabilities
Unrestricted
Restricted Endowment
Funds
Funds
Total
2023
Total
2022
Funds
Cath funds
Ger*ral account
Number 2 account
(3.561)
12.352
12.Cts8
32.619
127.761
167,335
BuildiNJ account
BL￿1r￿sS Imestmenl Account
102,928
231,
102,928
231,
Fixed Tem f*posit Accourt
Petty cash
Total cash funds
20
13,5411
347.202
12,098
355.7Sg
327.735
InveslTnent as*ls
InEstments in CITIRCB unit trusts
Total inve4mènt assèts
159,134
159,134
159,134
159,134
152,
152.499
As*ts retained for the Parish's own use
Rectory
Portacabin
240.CtKI
21,980
13,576
275,556
240,C
21.
13,576
275,556
240,1XM)
21.
73,576
275.$56
Buildir¥J works
Total as8ets retained for the Parish's own use
Total assets
272.015
347,202
171,231
7x1.449
755,79)
Rev. Ca￿n Paul Hoey
TnBtee
En￿1 Moore
Tnjstee
Dale..

St Canice's Church
Year Ended 31 December 2023
Notes to the Receipts and Payments accounts
1. Accounting policies
Set out below are the principal accounling 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 Liabiltties
{]) 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 Ihe 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 slatemenl of assels and liabilities as there are no
reliable records of the cost of constructionlacquisition 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 al 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 fijnds at the beginning of the year
Receipts for the year
Payments for the year
Total cash fiJnds al the end of the year
327,735
151,484
(123,460)
355,759
10

St Canice's Church
Year Ended 31 December 2023
3. Movement in funds
Incoming
Resknurces
Oulgoing
Re￿urCeS
At31
Decembèr
2023
At 1 January
2023
Tranthrs
Endowment funds
12,098
12,098
4,309
4,309
4,309
4,309
12.098
12,Q98
Total ondowmgnt funds
R8stri¢t&d fund$
Flood Relief and Insurance claim
Building ijnd
RCB grant re church hall
New Beginnings Shop
R Cochrane - Estate
R Driw- In Memorfum
Rectors Challenge
Church of the Cross USA
Special Collections
Donation towards fvneral lea Damd Holmes
200th Annilersary Concert (Bishops Appeal)
Youth worker funding
Total restrlcted funds
46,293
135,600
50,000
47,584
10,000
300
500
3.678
2,061
46.293
223,247
50,000
24,922
25.992
88,717
47.871
6,738
88,717
10,000
300
500
3,678
2,211
150
300
10.000
306,316
1,474
800
974
10.000
347,203
74.417
33,530
Unre*ricted funds
General ￿nd
9,321
9,321
72,758
72.758
85,621
85.621
{3,5411
{3,541)
Total unrestricted funds
Total funds
327,735
151,484
123,460
355.759
Income from RCBICIT 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 Eglinlon (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 - Eslate.. 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.

St Canice's Church
Year Ended 31 December 2023
Special Collections.. This is money collected to donate to a specific cause.
200th Anniversary Concert.. These funds were donated to specifically help with the costs of the 200th
Anniversary Concert.
Youlh Worker Funding: These funds were donated to specifically help with the cosl 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.
4. Special collections for third parties
2023
2022
Bishop Appeal
Ead Haig Fund Scotland
Ukraine Collection
1,474
150
1,725
1,725
1,624
5.Transactions with theTrustees
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.