Londonderry/GlendermottlDerrylChurch of Ireland Charity number NIC104864 Report of the Trustees Year ending 31 December 2024
LondonderrylGlendermotUDerrylChurch of Ireland Charity number NIC104864 Report and Financial Statements Year ending 31 December 2024
LondonderrylGlendermotUDerrylChurch of Ireland Charity number NIC104864 Annual Report and Financial Stalements For the period 1st January 202410 31st December 2024 Contents Page Report of the trustees for the year ending 31 Dernber 2024 2to5 Trustees, responsibilities in relation lo the financial statements Independent Examiners Report Statement of Financial Activities (including the Income and Expenditure account) Balance sheel Notes forming part of the financial slatements 10t014
LondonderylGlenderrnotVDerrylChurch of Ireland Report of the tru$le¢s for the year ending 31 De¢ember 2024 Reference and administrative detsils Charity nLtmber. NIC104864 RlStered office.. Church Brae, Derry. Londonderry. 6T47 2LS Our advisor5 8ankers'. Danske Bank. Business Banking, PO 8ox 183. Donegall Squgfe Wesl. Bewasl. BT16JS Independent Examiners.. Northwesi Accountants. Unil 18. Skeoge Indu%trial Estate. Londonderry BT48 8SE Trustees The truslees ol the Chanty are rts tnJste&s lor the pvrpr6e olchanty Lu. The truskes and officeFS seTvirw durirMJ the year and since Ihe year end were as lolthys.. Key management personnel Nigel McFarfand Floberta Cooke Cdin Lowry Adrian Street Albert smal006$ Emesl Hugh Miller Linda Mwre Nonnan Boyd Left April 24 Richard Edgar Adrienne Edgar William Moore William Galbraith Jerorne Moore Darren Pathi11 left April 24 Scott King Rev Johnny Lowden Canon Robert Boyd Paula Campbell left April 24 Catherine Boyd Jereffly Mccourt Bobby Strain from April 24 Or Alan Camptell from April 24 LondonderrylGlendermottDerrylChur¢h Of Ireland Chaiity TrJ5t Stru¢ture, Goveman¢e and Management The oryani$8lion is a charity which established the objects and wwers and Is governed under rts Consty'lulion. The organisaTh'on also bec8me a regisleied charity with the Commission lor Northern Ireland dated- 28th February 2016 The Select Vestry seeks lo ensure that the needs ol this group are approprialely reflected Ihrough the divetsity of the trustee brJy. Therefore, as part ol the recruitrnenl ol Iruslees the group piornoles the nèeci lo have the knowledge end experience lo assist the ch8rty.
LondondefrylGlendemttlDerry1ChUreh of Ireland Report ofthe tNstees for the year ending 31 December202$ Contjnued......... The Iruslees are paSed lo present their annual Iruslees. report letherwI1h the financial slalemenls ol the charity lor the year ending 31 December 2024 The financial slalemenls comply with the Charities Act 2011 and Accounting and Reporting by Charities. Slalemenl ol Recommended Practs'ce applicable lo chanties preparing their accounls in accordance with the Financial Rewrting Standard loi Smaller Enlilies. 08JECTIVES AND ACTIVITIES The principal function of the Parish of Glendemiott and Newbuihyiros Is lo support Ine advanment ol the Christian reloion by prornotrng, through Ihe work ol the Parish the whole mission ol the Church, pastoral. evangelistic, social and ecumenical. Being OFen lo and engaging with society as a whole and offering SUPF()rt lor those neediro help are lundarnenlal lo the practical delivery of the benefits ol Chnslianity. As a resu110l activity in Ihe pursuil ol ihe advancernenl of thè Christr'an religion, the Parish of Glendermott and Newbuildings has custody ol propErty and ol re(yJrd5, materials, and artelacts of signrficance lo the cullural and religious heritage and mainlen8nce of which is undertaken by Ihe Select Vestry. Purwse 1 Ihe expression ol the preeepts ol the Christian religion through engagement with the sxjblic, and in parlicular with the dtsadvanlaged, the sick. the eldedy and Ihe young is a public benefit. This can be rneasured and evidenced Ihrough increased social IntratIon and pastoral care delivered al the poinl of need. The direct benefit DI partiapalion in Church life Includ the enjoyment DI public worship and the giving and receiving ol pastoral ministry, improved understanding ol the values relating lo civic engagement. comrnunily cohesion and prOVidng a bridge beeen diverse groups as well as improved educational outcomes Ihiough the Church's ministry ol leaching. Ttte beneficiaries are the public. and the public va5ualion of the benefits can be eVIdend thrO3h attendance ai public worship. participation in Church govemance anLJ willingness to suptx>rt through ¢onlributrons the continuing witness ol the Church. The wider benefit lo the public will oulweigh any delrimenl arising in the course of Christian out8¢h. Any private benefit arising out ol the fU][ment ol oui Christian ministry or lo lay stsff is essential lo the fUlment of the purpose of the thane£ment of felKJion. No Trustee receives remtsneralion. read orolher private benefit for carryirrfJ out Ih&r Trustee responsibility. Purpose 2 the direct benefi15 flowing from this purpose include the provision ol archive re¢ords, public enjoyment ol cultural and historic buildings and artefacls such as church plate, lumishings. and fflalerials as well as an overall irnproved appreciation ol longstanding Chnsban heritage. Th is demon51raled through Onoing provision ol acces510 records and the use rnade ol these records in, for examp. research end gene8y, through conservation efforts in respect of records, property and artelacts and the subsequent and continued requests lor ae$S ané use of our maleriab by wider society. There is no hami arising from the purpose. The beneficiaries are the public. No private benefit is received by Iwslees fulfilling their Iruslee responsibilities in respect ol these records, buildings or artelacts, bul in the course ol conseNation and lo rnake these accessible to the public. the engement ol professKJnal staff and seryices is essenlial bul incidental lo the fulfilmenl ol Ihe purpose. The mission slalemenl ol the pansh relates lo the advancernenl ol religion through holding regular worship and cornmunicaling with and caring lor parishioners and others in our community Objectlves: rhe prncipal function is lo support the advancem8nl of the Chnslian religK)n by promoting through the work ol the Parish the whole mkssK)n of the Church. pastoral. evarvJelislic. soc131 and ecumenical BeitYJ open lo and engaging with society as a Who and offering support lor those needin9 help is lundamenlal lo the practs.cal delivery of Ihe lenels ol Christianity. As a resull ol activity in pursuil ol the advancement ol the Christian religion. the Parish has custody ol a large b[Y of records, materials and artefacts ol significance lo the ¢ullural hentage, the maintenance ol which is undertaken by the Par15h as e secondary charttable purFM)5e, The main areas of aclivity ol Ihe organisation are.. Youth Every Sunday excepl dunry July and August there B SuThJay school lor the young peotye ol the Church, held tefore Mwniro Wotship. There are aL80 a number ol Organisalions Affilialed lo the Church which run aclivilies aimed al both members of Ihe Congregation and the wider community. The Rainbows meet on a moaY night lor the very junior member of the Par15h on a Wednesday night the Brownies, Scouts and the Guides tneel in Ihe Church Hall. All these organisalions are open lo all members ol Ihe cornrnunity. For Ihose of teenage years there L8 Youth FelloshIp where activities and fellowship lo meet the needs of teenagers are calered lor. The Youth Fdlcmship group for Ihose Young People aged 11-14 rneels weekly on Sunday Eveniry at 7pm Sonior membets ol the ¢ommunity Oll the last Tuesday in Ihe mnth there ts a lirne ol Idbwship. Lunch and worship lor the more senior members ol the community Outrea¢h Activities The Church opened a Charity Shop and Outreach centre In November 2015 in Glendermott. lo reach out lo the k)cal cornrnunity, The Charity shop sells donated goods as well as providing lea. coffee. and light me81s. The Charity shop now has volunteers from Ihe local community and originally rt aimed lo open loriusl 3 day5 week. due lo demand this has now stretched lo 6 days a week. The Shop has a prayer room and a Children's 81e Club runs in Ihe community during the summer. The Charity shop in 2021 eslablished a Men'g Shed and Polytunnel lo grow vegetables Al Chri51rnas there is 8 comrnunity Crib service and all funds raised are renVested in community Outreach aclivilies. The size ol the Charity Shop premises in Glendemott Valley Business Park have been increased lo 3 units in order lo meet demand and lo provide addilional services lo the cornmunity such as a Craft Class, Slay and Play and Messy Church as well as l.T. Courses and Money *Jvice.
LondonderrylGlendemiotUDerrylChurch of Ireland Report of the trustees for the year ending 31 December 2024. Continued......... Religious Services There are services each Sunday, Wednesday Evening and on other special days throughout the year such as Easter and Christmas time. In additional monthly a service of Holy Communion is conducted as well as the laying on of hands. Those who are Housebound can have communion services in their own home and each Sunday the service is video recorded for distribution via the website to those who cannot get to the service. There is a parish Welcoming team which operales on a rola basis and who welcome Parishioners to Church each week. The Women's, fellowship meets on the 1 st, Tuesday of the month and the Ladies Guild meet on the 2nd Tuesday of the month. ACHIEVEMENTS AND PERFORMANCE Governing Document and Constitution of the Charity Chapler111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organisations. The Select Vestry members are the Charity Trustees. Recruitment and Appointment of Select Vestry (Trustees) All members of the Church of Iland who are over the age of18 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 lo the Select Vestry. Meetings of the General Vestry are held at least once a year. The Select Vestry is elecled as part of this General Vestry meeling. The Select Vestry will hold their positions for a period of one year. Select Vestry members may be reelected annually and there is no limit on the number of terms which may be served. Going Concern The Select Vestry have reviewed the Accounts for the year which have been independently examined and are satisfied Ihat there are adequate funds in place to ensure that the Parish can continue its, activities and the financial slatements for the year ended 31 December 2024 can be signed off as a going conrn. Financial review The organisation returned a net incoming of resources for Ihe year of £21,095 {2023 £24,151). At 31st December 2024 the total funds of the charity amounted to £408,492 (2023 - £387,397) comprising unrestricted income funds of £384,112 (2023 - £325,332},Designated Funds of £Nil (2023,£60,000) and restricted Funds of £24,380 (2023- £2,065)
LondonderrylGlendermotUDerrylChurch of Ireland Report of the trustees for the year ending 310ecember 2024- Continued......... RESERVES POLICY Introduction The Charity is keenly aware of the need to secuTe rts viability beyond the immediate lulure. In order lo be able lo provide services over the longer leryn, the Charity musl be able lo absorb setbacks and lo tske advantage of change and opportunity. The Charity wll provide for this by putting aside, when they can afford it, some of their current income in a Business Investment Account as a reserve against future uncertainties. Definition of ReseThes For the purpose of this policy the lern)'reserves" is applied lo that part ol the Charity's income that is fieely available for its general purposes. Reserves are the resources the Charity has or can make available lo spend for any or all ol its purposes once it has met ils commitments and covered ils other planned expenditure. The definition exdudes unspent money from restricted giants i.e, where a donor has specified what the money mu51 be Spent on and the Charity does not have the power lo spend the money on anhIng else. Why hold ReseTres? The Charity aims lo have no less than 3 months of the average monthly expenditure as reserves lo deal vth loss ol funding The Charity ReseNes are reviewed on an annual basis and amended to reflect the financial climate. Unreslricled funds may be earmarked for a particular purpose from time lo lime and may be designated a5 a separate fund, for example, funds could be Designated lor a specific area that the Charity is seeking lo build resources for. Corporatlon Tax The charity is exempl from lax on Income and 9ains falling within se¢tion 505 01 the Taxes Act 1988 or section 252 of Ihe Taxatson of Chargeable Gains Act 199210 the exlenl that these are applied lo ils charitable objects. STRUCTURE, GOVERANCE ANO MANAGEMENT LondonderrylGlendemiottlDerylChurch of Ireland registered wlh the Charity Commission lor Northern Ireland on the 26th February 2016. Recruitment and Appointment of the Select Vestry The charty trustees for the purposes of charity law and under the company's Arbcles are known as members of the Select Vestry. The Conslilulion does not sel out a term ol office and therefore al the Annual General Meeting the members of the Select Vestry step down bul are eligible lor nomination again along with any new members also nominated al that lime. Principal Funding Sources The Organisalion is dependent on secunng donations in Order to deliver ils services. Please refer lo the breakdown ol income contained in the finanual report Ipage 111, for full details. REFERENCE AND ADMINISTIiATION DETAILS The relerence and administration details of the charity can be foynd on page 2.
LondonderrylGlendermotUDerrylChurch of Ireland Report of the trustees forthe year ending 31 December 2024. Continued......... TRUSTEES RESPONSIBILITIES The Iwslees are responsible foT preparing the Tfuslees. Report and the financial slalemenls in accortsan with applicable law and regulation5. Under that law the Iruslees have elecled lo prepare the financial statements in accordan with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounb'ng Standards and applicable lawl and with Accounb'ng and Reporting by Charities. Statement of Recommended Piaclice applicable lo charities preparing their accounts in accordance with the Financial Reporting Stsndard for Smaller Enlilies leffeclive January 20151, Under the ielevanl legislation the Trustees musl not approve the financial slalements unless they are satisfied that Ihey give a true and fair view of the slate of affairs of the charitable company and the net movement in funds for that period. In preparing these financial slalemenls, the Trustees are required lo.. Select suitable accounting policies and then apply them consistently. Make judgements and eslimales that are reasonable and prudent Prepare the financial slalemenls on the going concern basis unless il is Inappropriate lo presume that the charity will continue in business. The TrL*slees are responsible for keeping adequate accountsng records that are sufficient lo show and explain the church's transactions and disclose with reasonable accuracy al any bme the financial position of the church and enable them lo ensure that the financial slalemenls comply with relevanl charity legislab'on. They are also responsible for safeguarding the assets of the church and hence for tsking reasonable steps for the prevention and detection of fraud and other irregularities. On behalf of the Trustees Canon Robert Boyd Rector Dale.. If Cl4 L"bs Mrs Adrie ne Edgar Hon Secretary Dale..