St James Parish, Donemana Trustees, Annual Report and Statements of Receipts and Payments and Assets and Liabilities For the year ended 31 December 2022 Reglstered Charity in Northern Ireland [NIC104866]
St James Parish, Donemana Annual Report and Flnanclal Statements for the year ended 31 December 2022 Contents Page Reference5 and Administrative Details of the Charity Trustees, Annual Report Independent Examiners Report to the Trustees Statement of Receipts and Payments Statement of Assets and Liabilities Notes to the Financial Statements 8-11
St James Parish, Donemana References and Administrative Detalls for the year ended 31 December 2022 Charlty Name: St James Parish, Donemana Charity Registration Number: NIC104866 Registered Office: Earlsgift Rectory, 33 Longland Road, Donemana, Strabane, County Tyrone, BT82 OPH Trustees The Charity Trustees who served during the year or who were Trustees at the date of this report were.. Rev Rlchard Beadle Mr Evan Robinson Mrs Heather Hamilton Mrs Caroline Young Mr Wesley Ballantine Mrs Irene McGonigle Mr Andrew Dunn Mr Robert Wade Mr Edwin Brown Mr Mervyn Nixon Mr Norman Mcoonald Mr Freddie Brown Principal Office-bearers Clergy: Hon. Secretary Hon. Treasurer Rectors Warden Peoples Warden Rev Richard Beadle Mrs Caroline Youn8 Mrs Heather Hamilton Mr Freddie Brown Mr Evan Robinson Independent Exarniner Mrs Julie Glenn Engineering Administrator Bankers Danske Bank Donegall Square West, Belfast, BTI 6JS
St James Parish, Donemana Trustee5' Annual Report for the year ended 31 December 2022 The Trustees, present their Annual Report and Statements of Reteipts and Payments and Assets and Liabilities for St James Parish, Donemana for the year ended 31 December 2022. Objectives and Activities The charitable purpose of the Church of Ireland is the advancement of religion. The prlncipal function of St James Parish is to SUPPOrt the advancement of the Christian religion by promoting, through the work of the Parish, the whole misslon 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 are fundamental to the practical delivery of the benefits of Christianity. As a result of activity in the pursuit of the advancement of the Christian religion, St James Parish has custody of property and of records, materlals and artefacts of slgnlflcance to the cultural and religious heritage and maintenance of which is undertaken by the Selett Vestry of St James Parish. Achievements, Performance and Publlc Beneflts St James Parish provides services of worship each Sunday and provides the pastoral office as required for Baptisms, Weddings, Funerals and Confirmation. Pastoral care is provided throu£hout the year, The Parish offers a range of other activities either run directly by the church or through church organisations including: Sunday School for children aged between 4 and 11 on three Sundays per month. Family Service one Sunday per month. Seroice of Holy Communion one Sunday per month. Confirmation preparation course for those being confirmed. Branch of the Mothers, Union which meets on a monthly basis frorn September to May. Weekly meeting of the Bowls Club from September to Aprll, th Sunday 5 June, tea was served in the Church Hall to celebrate the Platinum Jubilee of Her Majesty Queen Elizabeth 11. th Tuesday 6 September, Installation of Rev. Richard Beadle, Bishop Andrew Forster was in attendance as were clergy from local Parishes. Afterwards tea was served in the Church Hall to welcome Rev. Richard and his wife Pauline. Sunday 9 October, Harvest thanksgiving service in Church. Saturday 26th November, we held our annual craft fayre in the Church Hall.
St James Parlsh, Donemana Trustees, Annual Report for the year ended 31 December 2022 (continued) Achlevements, Performance and Public Benefits (contlnued) The Parish supports the work of local and global charities by either making donations or holding special collections or events in respect of the same. St James Parish has mitigated any potential harm from the attivities through the implementation of the Church of Ireland Safeguarding Trust Policy. Flnancial Review The Parish is a charitable organisation with their main source of income deriving from members, freewill offerings. The results for the year show a deficit £20,187 {2021 surplus £3,766] The Trustees, continue to monitor the level of reserves held by the Parish and are activelv takin8 Steps to increase the reserves in order to meet any unforeseen expenditure incurred. Goln8 Concern The Trustees have revlewed 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 end 31 December 2022 can be signed off as a going concern. Structure, Governance and Management Governin Document ond Constitution o the Chari Chapter 111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The Select Vestry member5 are the Charity Trustees. Recruitment and A ointn7ent o Select Vest 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 tneetings 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 the General Vestry meeting. The Selett Vestry will 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 term5 which may be served.
St James Parish, Donemana Trustees, Annual Report for the year ended 31 December 2022 (contonued) Structure, Governance and Management (contlnued) Or anftsationol Structure The Select Vestry is responsible for the day to day management of the Parish. The Select Vestry consists of the Cler8y serving in the Parish, any Curate Assistant, the Churchwardens, the Glebe Wardens and generally not more than twelve other members of the General Vestry elected at the General Vestry. The Select Vestry is chaired by the Clergy. Select Vestry members are responsible for making decisions on matters of general concern and importance to the Parish including deciding how Parish funds are to be applied. The Select Vestry meets at times fixed by the members or by the Diocesan Synod. Special meetings may be convened at any time by the Chairperson or the Churchwardens. In 2022 the Select Vestry met 4 times during the year and the average attendance was 93%. Com lionc wi Ben it The Parlsh has 8iven 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 actSvltles, as well as provlding publlc benefit. Statement of Trustees, Responslbllltles 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 disc105e with reasonable accuracy at any time the assets and liabilities of the Pa rish. 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 irregularitie5. This report was approved b the Trustees, and Signed on it5 behalf by: Rev. Ri Clergy ard Beadle Mr5 Heather Hamilton Hon: Treasurer ..2023
St James Parish, Donemana Independent Examiners Report to the Trustees of St James Parish Church for the year ended 31 December 2022 I report on the accounts of St James Parish Donemana, for the year ended 31 December 2022, which comprise the Statement of Receipts and Payments, Statement of Assets & Liabilities, and the related notes. Respectlve Responslblllties of Trustees and Examiner The Charity's Trustees are responsible for the preparation of the accounts in accordance with Section 64{3) of the Charities Act (Northern Irelandl 2008. The Charity's Trustees consider that an audit is not required for this year under settion 6512) of the Charities Act (Northern Ireland) 2008 (the Charities Act) and that an independent examination is needed. It Is my responsibility to: examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008,. to follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 6519)(bl of the Charities Act; and to state whether particular matters have come to my attention. Basls of Independent Examinerfs Report My examination was carried out in accordance with the general Dlrectlons glven by the Charity Commission for Northern Ireland. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also Includes consideration of any unusual items or disclosures in the accounts, and seekin8 explanatlons from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evldence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the next statement, Independent Examiners, Statement In connection with my examination, no matter has come to my attention: 11 which gives me reasonable cause to believe that in any material respett the requirements.. to keep accounting records in accordance with settion 63 of the Charities Act and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act 2008 have not been met,. and 21 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Name: Mr5 Julie Glenn Proless5on: Engineering Administrator Add ss: 5 Dunnalong Manor, Bready, Co. Tyrone. BT82 OEQ ..2023
St James Parlsh Church Statement of Re(elpts and Payments for the year ended 31 December 2021 Unrestrirted Restrlrted Endowment funds funds funds Total Total Receipts Sustentation and Plate Collertions GiftAid Investment Income Donations Fund Ralsi n8 Charity Event Legaties Bank and Deposlt Interest Conaue Fees & Rental of Premlses Grant5 Refund from Ins re-rertory vacanry ReiptS from Organi5ations Blsho Total Recelpts 37,968 4,903 3,871 683 1,794 31,827 4,970 3,871 2,640 416 955 115 955 115 624 150 120 65 213 21 55,437 21,117 299 213 Payments Diocesan Assessment Church costs Glebe Costs Church Hall costs Adminlstration costs Fundraising costs Charltable Donatlons Payments from Parish Orginations Other Expenditure Total Pa ments 56,655 1.628 2,337 2,230 4,422 56,655 53,591 1337 1230 1,823 1,453 4,771 Ic 365 8,252 3,435 67,086 Reconciliatlon of Funds Total Funds brought forward Def icit for year end 310ec 2021 123,694 20, 187 103,507 I,694 1).187 103.507 119,928 3,766 123,691 On behalf of the Trustees Mrs Heather Hamilton Hon: Treasurer Clergy
St James Parlsh Church Statement of Assets and Llabillties as at 31 December 2022 Unrestrlrted Restrfcted funds funds Endowment funds Total 2022 Total 2021 Cash Funds Current Accounts Cash in Hand Total Cash Funds 103,507.IYXI 103,507 123.694 103,507,OX) 103,507 123.694 Investment Assets Investments In RCB and CIT Unit Trusts Total Inveslnient Assets 115,406 115,406 131,734 13L734 Assets rètalnèd forth• Parlsh's own use Glebe House Total Assets retslned for the Parlsh's own use 321,483 321.483 321,483 321.483 Approved by the Trustees, on ...... 1.3 ..JLINF........ 2023 and signed on their behalf by.. Rev. Ri Clergy ard Beadle Mrs Heather Hamilton Hon: Treasurer
St James Parlsh Church Notes to the financial statements for the year ended 31 December 2022 Accounting policies Set out below are the principal accounting policies which have been adopted in the compilation of the Statement of Receipts and Payments and the Statement of Assets and Liabilities. Statement of Receipts and Payments All items of income and expenditure included within the Statement of Receipt5 and Payments have been accounted for on a cash receipt basis. Statement of Assets and Liabilities Assets retainedfvr the Porish's own use The assets of the Parish, retained for its own use comprise of Land, Church Building and Graveyard, and the Parish Hall. The Church Building and Graveyard are deemed to be heritage asset5 as defined by the Charities SORP (FRS102). These heritage assets are not included in the Statement of Asset5 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 Parish Hall was built in the 1900's. There are no reliable records of the cost of this construction and valuation approach for such a building lack5 sufficient reliability, As a result this building is not recognised in the Parish's Statement of Assets and Liabilities. The Glebe House is recognised at deemed cost, being the estimated fair v31ue of the property at £321,483. No depreciation has been provided on the Glebe House as the current estimated residual value is not less than its carrying value and the remaining useful life currently exceeds 50 years. Investments Investments in RCB and CIT Trust are initially recorded at cost and then are subsequently stated at fair value at each year end date.
St James Parish Church Notes to the financial statements for the year ended 31 December 2022 (contlnued) Accounting policies (continued) Fund Accountlng Funds are classified as either restricted funds or unrestricted funds, which are defined as follows,. Restrirted Funds Restricted funds are funds Subject to specific requirements as to their use which may be declared by the donor or with thelr authority or created through legal processes, but still within the wider objectives of the Parish. Unrestrirted Funds Unrestricted funds are expendable at the discretion of the Trustees in furtherance of the objectives of the charity. If parts of the unrestricted funds are earmarked at the discretion of the Trustees for a partlcular purpose, they are desi8nated as a separate fund. The designation has an administratlve purpose only and does not legally restrlct the Trustees, discretion to apply the funds. Endowment Funds Endowment funds is the movement in the value of investments during the year. Preparatlon of accounts on a going concern basis The Parish generally meets its day to day working capital requirements from its annual income. The Trustees are satisfied that the Parish has resources to provide a reasonable expectation that it can continue to meet its financial ob5igations as they fall due for the foreseeable future. Therefore these financial statements have been prepared on a going concern basis. Reconciliatlon of Cash Funds Total Total cash funds at the beginning of the year Receipts for the year Payments forthe ear Total (ash cash at the end of the 123,694 55,437 75,624 ear
io St James Parish Church Notes to the financlal statements for the year ended 31 December 2022 (contlnued) Movement In Funds Atl January Incomlng Outgolng Loss on 2022 Resources Resources Investsnents At31 December 2022 Unrestrirted Funds General Funds Total Unrestricted Funds 123,694 55,437 75,624 103,507 103,507 Total Restri cted Fund5 Endowment Funds RCB/CIT Trust Total Endowment Funds 115, 115, 131,734 Total Funds 913 Pur ose of Unrestricted Fund All funds are to assist with the general running expenses of the Parish and maintenance of the Church Building5 and Property.
St Jame5 Parlsh Church Notes to the flnancial statements for the year ended 31 December 2022 (continued) Collections for Third Parties 2021 Bishops. Appeal Mariè Curiè Foyle Seaxd) and Rescue l British Lè lon Po 200 Ap eal 16S 365 iix) The above amounts have been included in payments for the year under Charitable Donations. Transactlons wlth Trustees One Trustee Mr Norman McDonald recelved £1,350 for caretaker Services rended during the year. Other than the above transaction, no Trustee or a person related to a Trustee had any personal interest in any contract or transaction entered into by the Charity during the year.