Christ Church Derry Church of Ireland Trustees, Annual Report and Statement of Receipts and Payments and Assets and Liabilities For the year ended 31 December 2024 Charities Number.. NIC104868
Christ Church Londonderry Annual Report and Financial Statements for the year ended 31 December 2024 Contents ReferenS and Administrative Details of the Charity P3 Trustees, Report P4-5 Independent Examiner's Report to the Trustees P6 Receipts and Payments Account P7 Statement of Assets and Liabilities P8 Notes to the Financial Statements P9-10
Christ Church Derry Church of Ireland References and Administrative Details Charity Name: Christ Church Londonderry Charity Registration Number: NIC104868 Contact Address: Parish Administrator clo The Rector The Rectory 1 B Heathfield, Londonderry, BT48 8JD Trustees Ven. Robert Miller Jean Stevenson Ruby Wilson Esther Milligan Irwin Thompson Lindsey Harrington Hazel Best Richard Best Ken Thatcher Harriet Love Caroline Galbraith Jim Kelley Principal Office-Bearers Rector.. Church Treasurer: Church Warden - Clergy". Church Warden - People: Ven. Robert Miller Ruby Wilson Hazel Best Caroline Galbraith Independent Examiner Alison Tancred, 43 Templeard, Derry. BT48 8FE Bankers AIB Bank, Meadowbank, Strand Road, Londonderry. BT48 7TN
Trustees, Annual Report for the year ended 31 December 2024 The Trustees present the Annual Report and Statements of Receipts and Payments and Assets and Liabilities for Christ Church Londonderry 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 Christ Church Londonderry is the advancement of the Christian religion by promoting, through the work of Christ Church Londonderry 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 Christianity. As a result of activity in the pursuit of advancement of the Christian religion, Christ Church Londonderry has custody of property and of records, materials and artefacts of significance to the cultural and religious heritage and maintenance of which is undertaken by the Select Vestry of Christ Church Londonderry. Achievements, Performance & Public Benefits Christ Church Londonderry have weekly services on Sunday mornings, and also hold special services. This offers an environment of worship and prayer for the local community. Pastoral care is provided for parishioners and those in the wider community. The church is also engaged in mission in the local community and in the wider society. A range of other activities is provided by Christ Church Londonderry either by the church directly or through various church organisations, e.g. Choir, Sunday School, Mothers, Union, Thursday Luncheon Club, Badminton. Bowls. There is an effective inter-church co-operation within the local community, including involvement with the Londonderry Churches Trust, the local Clergy, and the Week of Prayer for Christian Unity. The Walled City Passion 2024 (WCP24) is a transformative event, building on the success of festivals in 2022 and 2023. The festival attracted both new and returning visitors and deepened their engagement with a thoughtfully curated program spanning Holy Week & Easter Monday. This ambitious initiative was marked by a series of dynamic performances, fringe events, conferences, and community engagement activities. The activities outlined above demonstrate how Christ Church Londonderry continues to implement its charitable purposes (i.e. the advancement of religion) and meets the public Benefit requirement. Benefits to members of the public include contributing to spiritual well-being of participants and the reinforcement of Christian values. Christ Church Londonderry has mitigated any potential harm from the activities through the implementation of the Church of Ireland Safeguarding Trust Policy, regarding children" Adult Safeguarding, and Dignity in Church Life Policies. Financial Review The Parish income for the year was £147,130 with outgoings of £167,470 resulting in a deficit of (£20,340). The unrestricted funds income include an Honourable Irish Society grant of £1,250 for
display material at the back of the church. An insurance payment of £15,000 for water damage in the boiler house was also received during the year. The other main source of income is from free will offerings and gift-aid claims. The restricted funds include income of £69,476 and expenditure of £65,643 for the Walled City Passion project. There is restricted interest of £2,065 received in the Choir Bursarylmusic Fund and restricted donations of £5,749 were received for First Wednesday recitals in the Choir Bursarylmusic Fund account. The unrestricted expenditure for the year was £94,988 (2023 £63,392). Church repairs for 2024 was £35,418 (2023 £7,421) which includes repairs to the church's boiler. The restricted expenditure for 2024 was £72,482 (2023 £86,621). The bank balance at 31 Dember 2024 is £58,662 of which £28,607 is restricted funds. Overall, the financial outturn for 2024 is stable. 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 2024 can be signed off as a going concern. Structure, Governance and Management Governlng Document and Constitutlon of the Charity Chapter111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The Select Vestry members are the Charity Trustees. Recrultment 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 will hold their positions for a period of one year. Select Vestry members may be re-elected annually, and there is no limit to the number of terms which may be served. Organisational Structure The Select Vestry is responsible for the day to day management of the parish. The Select Vestry consists of the member of the clergy serving in the parish, any curate assistant ("the curate"), the church wardens, 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 incumbent or another member of the clergy officiating in the parish. 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 church wardens. In 2024 the Select Vestry met four times during the year, and the average attendance was 85 %.
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. Statement of Trustees, Responsibilities The Trustees are responsible for preparing the Trustees, Report and the Statement of ReiptS 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 Ven Robert Miller (Rector) Miss Ruby Wilson (Hon Treasurer) Date:
INDEPENDENT EXAMINER'S REPORT Independent examiner's report to the charity trustees of Christ Church Londonderry I report on the accounts of the Trust for the year ended 31 December 2024 which are set out on pageslto 13 Respective responsibilities of charity trustees and examiner As the charity's trustees you are responsible for the preparation of the accounts in accordan with the Charities Act (Northern Ireland) 2008. It is my responsibility to.. examine the accounts under section 65 of the Charities Act follow the procedures 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 I have identified matters of concern in respect of areas (4) listed above because a prior year adjustment has been made for 2023 as a project run by the church was not included in the 2023 accounts. Note 5 includes full disclosure of the project and the 2023 accounts have been restated to reflect the error. In respect of matters (1) to (3) listed above, and in following the Directions of the Charity Commission for Northern Ireland, I have found no other matters that require drawing to your attention. Signed: Date: - 06-29- Name: Alison Tancred Address: 43 Templeard, Derry, BT48 8FE
LONDONDERRYICHRIST CHURCHICHURCH OF IRELAND RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Rgststed Rgststed Unrestricted Restricted Funds Funds 2023 2023 Unrestrlcted Restricted Funds Funds 2024 2024 Restatèd Total 2023 Total 2024 Note RECEIPTS DorBtiors Plate Colkclions Legacies Bank Deposit hterest Instsnent Income Other Receipts Recitals Walled City Passion Project Total Rgceipts 32,488 32A88 35.002 5,000 166 12.500 10.340 35,002 5.000 166 14.404 11.340 3,987 95.751 261 13,545 23.546 261 15.610 23,546 5,749 69N76 147,130 2,065 1.904 1,000 3,987 95,751 5,749 69,476 69,840 77,290 63,008 102.642 165,650 PAYMENTS Wages Salaries Diocesan CostslAssessment Church RunnirKJ Costs Gbe Costs Parish Centre Costs Administrationcosts SurKlry costs Recital Expenses Wald City Passion Exper6es 1,385 27,052 13.632 38,199 7,210 3,360 4,150 1,385 27,052 13.632 38,199 7.210 3.360 4.390 6.599 65,643 1,385 26,704 13,855 7,421 8.617 3.360 4.050 1,385 26,704 13,855 7,421 6,617 3,360 4,390 1,521 84,760 240 6.599 65,643 340 1,521 84,760 Totsl Payments 94.988 72A82 167.470 63.392 86,621 150,013 By Balance- IDeficitIurpIus 25.148 4,808 20,340 384 16,021 15,637 On behalf of the Trustees Tru5tse 1 Trustee 2
LONDONDERRYICHRIST CHURCHIDERRYICHURCH OF IRELAND STATEMENT OF ASSETS AND LIABILITIES AS AT 31 DECEMBER 2024 Cash Funds Restated Reststed Unrestrfctgd Rostricted Restatsd Funds Funds Total 2023 2023 2023 Unrestrlcted Rgstrlcted Funds Funds 2024 2024 Totsl 2024 Current Accourts 30.054 28.607 58.662 52,023 26,979 79.002 InvestmentAssots 2024 2023 vestrnents in RCB1c UnitTrusls At cost 337,665 337.665 Al market value 562,938 517,334 Total Assets 621600 596,336 On Behalf of Trustees Trustee1 Trustee 2
LONDONDERRYICHRIST CHURCHIDERRYICHURCH OF IRELAND Notes to the Accounts - Year Ended 31 December 2024 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. Receipts and Payments Account All items of income and expenditure included in the Receipts and Payments Account have been accounted for on a cash receipt basis. The Walled City Passion received income of £69,476 (£2023 £95,751). Included in this income is grant funding of £16,428 (2023 £nil) from the Department of Foreign Affairs Reconciliation Fund. Statement of Assets and Liabilitles (a) Assets retained for the Parish's own use The assets of the Parish, retained for its own use comprise of.. Church building - Christ Church The building is deemed to be a heritage asset as defined by the Charities SORP (FRS 102). The heritage asset is 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 the parish. Christ Church forms part of the combined parish of Christ Church, Culmore and Muff and St Peters (CCCMSP). The rectory and parish centre for the combined parish are included in the Statement of Assets and Liabilities of St Peter's church. (b) Investments Fixed asset investments comprising investments in RCBICIT Unit Trusts are initially recorded at cost and then subsequently stated at fair value at each yearend date. 3 Reconciliation of Cash Funds Restated 2024 2023 Total Cash Funds at 1 January 79,002 63,365 Receipts for the Year 147,130 165,650 Payments for the Year (167,470) (150,013) Total Cash Funds at 31 December 58.662 79.002 10
LONDONDERRYICHRIST CHURCHIDERRYICHURCH OF IRELAND Notes to the Accounts Continued - Year Ended 31 December 2024 4 Movement in Funds 2023 Restated At1 January 2023 Incoming Resources Outgoing Resources Transfer At31 December 2023 Unrestricted Funds General Funds 52,408 64,008 (63,392) (1,000) 52,024 Restricted Funds No 3 Bursary Fund 4,574 5,891 (1.861) 1,000 9,604 Walled City Passion Project Totsl Funds 6,383 95,751 (84,760) 17,374 63,365 165,650 (150.013) 79,002
LONDONDERRYICHRIST CHURCHIDERRYICHURCH OF IRELAND Notes to the Accounts Continued - Year Ended 31 December 2024 Movement in Funds (continued) At1 January 2024 Incoming Resources Outgoing Resources Transfer At31 December 2024 Unrestricted Funds General Funds 52,024 69,840 (95,729) 3,921 30,054 Restricted Funds No 3 Bursary Fund 9,604 7,814 (6,098) (3,921) 7,400 Walled City Passion Project Total Funds 17,374 69,476 (65,643) 21,207 79,002 147.130 {167,470) 58,662 5 Walled City Passion Project- Prior Year Adjustment The Walled City Passion Project is a project that takes place during Easter in DerrylLondonderry telling the story of the Passion of the Christ though the staging of a promenade perfomiance on the City Walls. The project is governed by Christ Church and a production company is appointed to manage the performance. The project was initiated in 2021 with the first performance was undertaken at Easter 2022. The project is incorporated into Christ Church accounts in 2024 and the figures for 2023 have been restated to include the Walled City Passion project. The project was not included in prior years due to a reporting oversight. In 2023 the Walled City Passion had income of £69.476 and expenditure of £65.643. Prior to 2023 the Walled City Passion project has income of £184,501 and expenditure of £178,118 and an opening bank balance of £6.383 is arried into the restated 2023 accounts. 12
Transactions with Trustees The parish paid expenses to one trustee during the year, £1,385 to Ven Robert Millar as an extra stipend. The parish paid out-of-pocket expenses of £867 to other trustees for minor running expenses. No other trustees received any remuneration or reimbursement of expenses during the year. 13