St James Parish, Donemana Trustees, Annual Report and Statements of Receipts and Payments and Assets and Liabilities For the year ended 31 December 2024 Re8lStered Charity In Northern Ireland [NIC104866]
St James Parish, Donemana Annual Report and Financial Statements for the year ended 31 December 2024 Contents Page References 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 Ststements 8-11
St James Parish, Donemana References and Administrative Details for the year ended 31 December 2024 Charlty Name: St James P3rish, Donemana Charity Registration Number: NIC104866 Registered Office: Earlsgift Reclory, 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 Richard Beadle Mr Evan Robinson Mrs Heather Hamilton Mr Ryan Armstrong Mrs Rhonda Dunn Mr Wesley Ballantine Mrs Jayne Kee Mr Andrew Dunn Mr Robert Wade Mrs Caroline Mcmichael Mr Alastair Mcmichael Mrs Sandra Robinson Mr Norman McDonald Mr Freddie Brown Prlnclpal Office-bearers Clergy: Hon. Secretary Hon. Treasurer Rectors Warden Peoples Warden Rev Richard Beadle Mrs Caroline Mcmichael Mrs Heather Hamilton Mr Freddie Brown Mr Evan Robinson Independent Examiner Mrs Sandra Allen Treasurer North West Tyrone Credit Union Bankers Danske Bank Donegall Square West, Belfast, BTI 6JS
St James Parish, Donemana Trustees, Annual Report for the year ended 31 December 2024 The Trustees, present their Annual Report and Statements of Receipts and Payments and Assets and Liabilities for St James Parish, Donemana for the year ended 31 December 2024. Objectives and Activities The charitable purpose of the Church of Ireland is the advancement of religion. The principal function of St James Parish 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 are fundamental to the practical delivery of the benefits of ChristianSty. 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, materials and artefacts of significance to the cultural and reli8ious herita8e and maintenance of which is undertaken by the Select Vestry of St James Parlsh. Achievements, Performance and Public Benefits St James Parish provides seiceS of worship each Sunday and provides the pastoral office as required for Baptisms, Weddings, Funerals and Confirmation. Pastoral care is provided throughout 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. Service 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 from September to May. Weekly meeting of the Bowls Club from September to April. Weekly meeting of the Craft Group from September to April. Quiz Night, Family Easter Fun, Dawn Chorus, Village Prayer Walk, Coffee Morning, Moor Lough Walk, Prizegiving, June Woodland Walk, Scarecrow making, Ladies Breakfast, Woodland Walk, Craft Fayre, Britannia Band Concert.
St James Parish, Donemana Trustees, Annual Report for the year ended 31 Decernber 2024 (contlnued Achievements, Performance and Public Beneflts (continued) The Parish supports the work of local and global charitie5 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 activities through the implementation of the Church of Ireland Safeguarding Trust Polioi. Flnancial Revlew The Parish is a charitable organisation with their main source of income deriving from members, freewill offerings. The results for the year {2024) show a Deficit of £14,188 [Surplus (20231 £10,606] The Trustees, continue to monitor the level of reserves held by the Parish and are actively taking steps to increase the reserves in order to meet any unforeseen expenditure incurred. Going Concem The Trustees have reviewed the budgets for the year ahead and are satisfied that there a adequate funds in place to ensure that the Parish can continue its activities and the financial statements for the year end 31 December 2024 can be signed off as a goin8 concern, Structure, Governance and Mana8ement Governln Document and Constitution o the Chari Chapter 111 of the Constitution of the Church of Ireland govems Parishes and Parochial Organisation. The Select Vestry members are the Charity Trustees. Recruitment ondA ointment o Select Vestr 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 Paiish, 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 the General Vestry meeting. The Select 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 terms which may be served.
St James Parish, Donemana Trustees, Annual Report for the year ended 31 Decernber 2024 (continued) Structure, Governance and Management (continued) anisational Structure The Select Vestry is responsible for the day to day management of the Parish. The Select Vestry consists of the Clergy 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 Selett Vestry is chaired by the Clergy. Select Vestry members are responsible for making decisions on matters of general concern and importance to the Parlsh 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 2024 the Select Vestry met 9 times during the year and the average attendance was 79Y.. Com liance with Public Bene The Parish has glven careful conslderatlon to the Charlty Commlssion for Northern Ireland's 8uidance on public benefit to ensure that the attivities entered into during the year have helped to achieve the Parish's objectives and activities, as well as providing public benefit. Statement of Trustees, Responslblllties The Trustees are responsible for preparing the Trustee5' 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 tor 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 taklng reasonable steps for the preventlon and detection of fraud and other irregularities. This report was approved by the Trustees, and signed on it5 behalf by., Rev. Richard Beadle Clergy Mrs Heather Hamilton Hon: Treasurer 2025
St James Parish, Donemana Independent Examiners Report to the Trustee5 of St James Parish Church for the year ended 31 December 2024 I report on the accounts of St James Parish Donemana, for the year ended 31 December 2024, which comprise the Statement of Receipts and Payments, Statement of Assets & Liabilities, and the related notes. Respertive Responsibilities of Trustees and Examiner The Charit¢s Trustees are responsible for the preparation of the accounts in accordance with Section 64(3) of the Charities Att (Northern Ireland) 2008. The Charity's Trustees consider that an audit is not required for this year under section 65(2) of the Charities Act (Northern Ireland) 20081the Charitie5 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 Direttions given by the Charity Commission for Northern Ireland under section 65(9){b) of the Charities Act. and to state whether particular matters have come to my attention, Basls of Independent Examlnerfs Report My examlnation was carried out In accordance with the 8eneral Directions 8lven by the Charity Commisslon 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 seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no oplnion is given as to whether the accounts present a 'true and falr 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: l) which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 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 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Name: Mrs Sandra Allen Professlon: Treasurer North West Tyrone Credit Union Address: 38 Bonds Glen Road, Killaloo, BT47 3ST Date: .. ..2025
St James Parish Church Statement of Recelpts and Payments for the year ended 31 December 2024 Unrestrlcted Restrlcted Endowment funds funds funds Totsl 2024 Totsl Recelpts Sustentatlon and Plate Collections GiftAid Investment Income Donations Fund Raisi ng Charity Event Legacies Bank and Deposlt Interest Conacre Fee5 & Rental of Premises Grants Refund Derry & Raphoe Vacancy Refund Nl Water CCLI Cover Bisho Total Recel 43,811 6,441 43.811 6,441 43,389 5.840 3,511 4,573 3.207 3,CK17 3,207 346 500 122 91 91 uo L305 4.445 27,163 850 eal 521 97,401 ts 63,115 63,115 Payments Diocesan Assessment Church costs Glebe Costs Church Hal I c05t5 Admlnlstrètlon costs Charitable Donatlons Pass Through Collection Other Ex e ndlture Total Pa ments 62.428 1,776 62,428 1,716 rA),15 1,719 11,303 1,695 4,171 1,695 4171 75 5,675 $71 4,570 77,3(13 4,293 86,795 TI,303 increase i n sav Reconclllatlon of Funds Total Funds brought forward Surplus/Oef icit year end 31 Dec 2024 116,162 14,188 101,974 ht forward re-stated to Indude Intereston savln 116,162 14.188 IOL974 10,6(K• 115,094 NOTE: * Balance brou account. On behalt of the Trustees Rei,. Richard Beadle ClerBy Mrs Heather Hamilton Hon: Treasurer .2025
St James Parlsh Church Statement of Assets and Liabilitles as at 31 December 2024 Unrestricted Restrlrted funds funds Endowment funds Total 20 Total Cash Funds Accounts Cash in Hand Total Cash Funds IOL974 101,974.ti) I,094 101,974 101,974. I,094 Investment Assets Investments Sn RCB and CIT Unit Trusts Totsl Investment Assets 132,388 132,388 120,753 Assets retained forthe Parish's own use Glebe House Total Assets retsined for the Parlsh's own use 550,INY) 321.483 550,1)]O 32L483 Approved by the Trustees, on .... .2025 and signed on their behalf bv: Mrs Heather Hamilton Hon, Treasurer Clergv
St James Parish Church Notes to the financial statements for the year ended 31 December 2024 Accountlng 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 Receipts and Payments have been accounted for on a cash receipt basis. Statement of Assets and Liabllttles Assets retainedfor the Parish'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 assets as defined by the Charities SORP {FR5102). These heritage assets are not included in the Statement of Assets and Liabilitie5 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 lacks sufficient reliability. As 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 value of the property at £550,000 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 falr value at each year end date.
St James Parish Church Notes to the financial statements for the year ended 31 December 2024 (continued) Accounting policies (continued) Fund Accounting Funds are classified as either restricted funds or unrestritted funds, which are defined as follows: Restricted Funds Restricted funds are funds subject to specific requirements as to their use which may be declared by the donor or with their 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 unrestrirted funds are earrnarked at the discretion of the Trustees for a particular purpose, they are designated as a separate fund. The deslgnatlon has an administrative purpose only and does not legally restrict the Trustees, discretion to apply the funds. Endowment Funds Endowment funds is the movement in the value of investment5 during the year. Preparation 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 obligations as they fall due for the foreseeable future. Therefore these financial statements have been prepared on a going concern basis. Reconciliation of Cash Funds Total Total cash funds at the beelnning of the year RecEipts for the year Interest Paymentsforthe year Total cash at the end of the 115,(Y34 63,115 77,303 io 974 ear
io St James Parish Church Notes to the flnancial statements for the year ended 31 December 2024 (continued) Movement in Funds Atl January At31 December 2024 Inc£xnl Resources Incomln8 Outuoln8 Galn on Interest Resource5 Investments UnrestrTCted Ftsnds Toial Unrestricted Funds 63,115 63,115 101,974 101.974 115,( 77,303 Resriicted Funds Endowment Funds RC8/CITTYust Total Endowment Funds 120,753 120,753 11,635 11.635 132,388 Totsl Funds 234362 Pur ose of Unrè tricted Funds All funds are to èssist witt) Ihe general running expenses of tlie Parish and maintenance of the Church Buildings and Property. Pur 05e of Unrestricted Funds All fund5 are to assist with the general runnlng expenses of the Parlsh and maintenance of the Church Buildings and Property.
St Jame5 Parish Church Notes to the financial statements for the year ended 31 December 2024 {contlnued) Collections for Third Parties 2024 8ishops' Appeal Marie Curie CM5 Ireland Ro al British Le 656 ion Po eal 145 871 The above amounts have been included in payments for the year under Charitable Donations. Transactlons with Trustees One Trustee Mr Norman McDonald received £1,3SO for caretaker services rendered during the year. 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.