Holy Trinity Church Portrush Trustees, Annual Report and Statement of Receipts and Payments and Assets and Liabilitles For the year ended 31st December 2023 Charity Number 104881 Holy Trinity Church Portrush- Parish of Ballywillan
Holy Trlnlty Church Portru5h Annual report and financlal statements for the year ended December 2023 Contents Page References and administrative details of the Charity Trustee's report Independent Examiners Report to the Trustee5 Recelpts and payments account Statement of assets and liabilities Notes to the financial statements io Holy Trinity Church Pomsh - Parish of Ballywillan
Holy Trinity Church Portrush References and administrative details Charity Name: Portru5h/Ballywillan/Holy Trinity/Connor/Church Of Ireland Charity Registration Number". Charity no. 104881 Contact Address: The Church Office 62 Main Street Portrush BT56 8BN Tel 028 7082 4024 email coi.portrush@btconnect.com Trustees 2023 Ivan Bell Rosemary Bell Susan Byrne Alan Devers Karen Elliott Sandra Fleming Darren Hull Ashley Hawley Desmond Kane Ann Letson Paul Lyness Canon PK McDowell Dennis Melville Mark Mitchell John Moore Principal Office-bearers Clergy.. Canon Rev. Peter K McDowell 10 Coleraine Road Portrush BT56 8EA Secretary to the Select Vestry Alan Devers 16 Magheraboy Avenue, Portrush BT56 8GW Church Treasurer: Dennis Melville 47 Maclevennon Rd, Portrush BT56 8PA Church Warden- Clergy: Mark Mitchell 54 Magheraboy Avenue. Portrush BT56 8GW Church Warden- People: Susan Byrne 35 Hopefield Grove, Portrush BT56 8QH Independent Examiner Dr R I Peters Gallagher, OBE, FCA Moore {NII LLP 30-32 Lodge Road Coleraine BT52 INB Bankers Danske Bank 22 The Diamond Coleraine BT52 IDE Holy Trinity Church Portnh - Parish of Ballywillan
Trustee5' Annual Report for the year ended 2023 The trustee5 present the annual report for Holy Trinity Church, Parish of Ballywillan for the year ended December 2023. Ob'ectives and Activities The charitable purpose of the Church of Ireland is the advancement of religion. The principal function of Holy Trinity Church, Parish of Ballywillan is to support the advancement of the Christian religion by promoting, through the work of the Holy Trinity Church the whole mission of the Church, pastoral, evangelistic, social and ecumenical. Being open to and engaging with society and offering support for those needing help are fundamental to the practical delivery of the benefit5 of Christianity. As a result of activity in the pursuit of the advancement of the Christian religion, Holy Trinity Church ha5 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 the Holy Trinity Church, Parish of Ballywillan. Achievements Performance & Public Benefit The Parish of Ballywillan, Portrush has been under the incumbency of Canon Revd, Peter McDowell from October 2005. During 2023 Holy Trinity Portrush provided safe spaces for worship and prayer, including four regular Church services per week, 9.30, 11am Morning Prayer and 6.30pm on Sunday and 10.30am every Wednesday. Holy Communion is offered on the I, Sunday of each month at 11am. We also provide for baptisms, weddings and funerals. Through the work of the Rector there was provision of pastoral care throughout the year. We believe that benefits of public worship will include contributing to spiritual well- being of participants, the reinforcement of Christian values. The Church also provides a weekly Sunday School and Youth Confirmation classes to promote Christianity among young people within our community. All youth work is conducted under the guidelines provided by the Church of Ireland Safeguarding Trust Code of Conduct & Good Practice Parish groups include the Reach Portrush and Ballywillan Drama Group. These organisations meet on a regular basis in the Church Parish Centre at 18 Victoria Street Portrush. Reach is a community initiative in Portrush which aims to provide social activity for the elderly and homeless within the town. During 2023 the group provided a Christmas day meal, Easter and summer meals and social gatherings for elderly and vulnerable people within the Parish. In addition, Reach now provides a weekly foodbank service with 5UPPOrt from Fairshare and Causeway Coast & Glen Borough Council. The Parish ha5 considered the Charity Commission for Northern Ireland's guidance on public benefit to ensure that the activities entered during the year have helped to achieve the Parish's objective5 and activities, as well as providing public benefit. Financial Review Financial reporting takes place at Select Vestry meetings throughout the year and there is also a review on completion of the annual accounts. Total Income1£170.2961 for the year end 31" December 2023 exceeded total expenses1£154,0521 by £16,244. The total value of cash funds held increased to £94.917. Holy Trlnity Church Portrush- Parish of Ballywillan
Goin Concern The trustees have reviewed the budgets for the year ahead and are sat15fied that there are adequate funds in place to ensure that the Parish can continue its activities and the financial statement5 for the year ended 31 December 2023 can be signed off as a going concern. Structure Governance and Mana ement Governin Document and Constitution of the Chari Chapter 111 of the Constitution of the Church of Ireland governs Parishes and Parochial Org3ni5ation. The Select Vestry members are the Charity Trustees Recruitment and A ointment of 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 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 eletted 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 on the number of terms which may be served. Pa and remuneration The Incumbent of the Parish stipend is paid directly by the Parish, the incumbent received a stipend in accordance with figures approved by the General Synod of the Church of Ireland and details of office and locomotory allowances totalling £42,634. There is currently no Curate assistant working within the Parish. anisational Strurture 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, a 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 incumbent or other 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 churchwardens. In 2023 the Select Vestry met 9 times during the year and the average attendance was 80%. Com liance with Public Benefit The Parish of Ballywillan, Holy Trinity Portrush has given careful consideration to the Charity Commission for Northern Ireland'5 guidance on public benefit to ensure that the attives entered during the year have helped to achieve the Parish's objectives and activities, as well as providing public benefit. Holy Trinity Church Portrush- Parish of Ballywillan
Trustees, Annual Report for the year ended 2023 (continued) Statement of Trustees, Re5 onsibilities 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. Th is is enclosed below. 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 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 irregularities. Signed on Behalf of the Trustees T1 Triistee Date ,Q,4 / /-? p Holy Trinity Church Portrush- Parish of Ballywillan
Independent Examiner5 Report to the Trustees of Holy Trinity Church Portrush I report on the accounts of the Trust for the year ended 31" December 2023, which are set out on pages 8 to 12. Respective responsibilities of the charity trustees and examiner As the charivs trustees you are responsible for the preparation of the accounts in accordance with the Charities Act INorthern Irelandl 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 6519llbl of the Charities Act -state whether any particular matters have come to my attention. Basis of the Independent examiners report I have exarnined your charity accounts as required under settion 65 of the Charities Act and my examination was carried out in accordance with the general directions given by the Charities Commission for Northern Ireland under section 6519llb) 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 such matters. My role 15 to State whether any material matters have come to my attention 8lvin8 me cause to believe; l. That accounting records were not kept in accordance with section 63 of the Charities Att 2. That the accounts do not accord with those accounting records. 3. that the accounts do not comply with the requirements of the Charities Art 4. That there is further information needed for a proper understanding of the accounts to be reached. Independent examinerfs statement I have completed my examination and have no concerns in respect of matters111 to141 listed above, and in connection with following the Directions of the Charity Commission for Northern Ireland. I have found no matters that require drawinE to your attention. Dr R I Peters Gallagher, OBE, FCA Moore INI) LLP 30-32 Lodge Road Coleraine BT52 INB Dated Holy Trinity Church Portrush - PaTish of Ballywillan
Receipts and Payments Account for the year ended 31" December 2023 Unrestricted Funds 2023 Restrirted Funds 2023 Endowment Funds 2023 Total 2023 Total 2022 Note Recei Envelope & plate collection Proceeds from Fund Raising Events Legacies 75,264 12.199 36,025 20,237 95,501 12,199 36,025 75,279 11,710 62,735 Bank & Deposit interest Investment income Rental of premises Sale of assets Sale of investments Grants Receipt5 frorn General Trustees Other Receipts Receipts from Parlsh Organisations 204 4,525 130 204 4,525 130 186 5,288 196 19,712 2.000 19,712 2,000 27,685 2,000 Total Recei ts 150,059 20,237 170,296 185,079 Pa ments Wages and Salaries Diocesan Costs/Assessment Church Running Costs Glebe Cost5 Parish Centre Costs Administration Costs Fundraising Costs Charitable Donations Payments to Parish Organisations 62,254 20,961 10,860 12.324 24,656 9,139 29 824 1,380 62,254 20,961 10,860 12,324 36,161 9,259 29 824 1,380 63,651 19,575 11,105 5,740 21,776 3,210 11,505 120 io 3,500 Total Pa ments 142,427 11,625 154,052 128,557 Excess of Receipts over Payments for the year before transfers 7,632 8.612 16,244 56.522 Transfers 9,300 (9.3001 Excess of Receipts over Payments forthe year {6881 Trustee I Date Holy Trinity Church Portrush- Parish of Ballywillan
Statement of Assets and Liabilities at 31 December 2023 Unrestricted Funds 2023 Restrirted Funds 2023 Endowment Funds 2023 Total 2023 Total 2022 Cash Funds Current Accounts Deposit Accounts Total Cash Funds 50.607 50,607 44,309 94,916 33,676 44,997 78,673 44,309 44,309 50,607 Investment Assets Equity Investments Other Listed Investments Investments in RCB / CIT Unit Trusts Other unlisted investments Investment Properties Total Investment Assets 49,082 49.082 47,586 49,082 49,082 47,586 Assets retained for the Parish's own use Parish Centre {Loanl Glebe House Fixtures and Fittings Total A55ets retained for the Parish's own use Total Assets 124,904) (24.904) 144,2461 325,000 325,000 6,000 6,000 306,096 286,754 325,000 6,000 331,000 (24.904) 381,607 19A05 49,082 450,094 413.013 On Behalf of the Trustees Tntstse I Trustte Date Holy Trinity Church Portrush- Parish of Ballywillan
Notes to the financial statements for the year ended December 2023 Accounting policies Set out below are the principal accounting poliaes which have been adopted in the compilation of the Receipt5 and Payments Account and the Statement of Assets and Liabilities lal Receipts and Payments Account All item5 of income and expenditure included within the Receipts and Payments Account have been accounted for on a cash receipts basis. Ibl Statement of Assets and Uabilities Thi5 yearfs report has reflected the assets and liabilities at 31" December 2023 111 A55ets retainedlor the Parish'5 own use The assets of the Parish are outlined below. and 3re retained for its own use comprising: . Church Building and Parochial House Parish Centre (Provided by the Church of Ireland Board of Education) historically referred to as the Kellv Memorial Hall Glebe House (Rectory) Fixtures and fittings The Church Bulldln8 and Parochial House These are deemed to be Heritage assets as defined by the Charities SORP IFRS1021 These Heritage assets are not included in the statement of asset5 and liabilitles as information on the cost or valuation is not available and such information cannot be obtained at a c05t commensurate with the benefit to the u5er5 of the accounts and to the parish. The Parish Centre Our Parish Centre was built in 1886 as a National School. There are no reliable records of the cost of thi5 construction/ acquisition and valuation approach for such a building lack5 sufficient reliability- A5 a result, this building is nat recognised In the parish 5t3tement of assets and liabilities. The Glebe House (Rectory) Our Rectory is valued at domestic rateable value. 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. Fixtures and Fittings are recognised at Cost and are depreciated on a straight-line basis over a period of 10 years and are now at a residual as the last significant expenditure was 2005. lil Investments Fixed asset investments comprising investment properties, investments in equities lordinary shares) and investment in RCB/CIT Unit Trusts are initially recorded at cost and are then subsequently stated at fair value at each year end date. Investments in unquoted investments are recorded at cost and are assessed annually for impairment. Holy Trity Churcb Portrush - Parish of Ballywillan 10
Notes to the financial statements forthe year ended 2023 {continued} iiil Endowment funds The capital of Endowment Funds is to be retained either permanently or at the Congregations discretion- the income derived from the endowment is to be used as either restricted or unrestricted fund5 depending on the purpose for which the endowment wa5 established in the first place. Reconciliation of Cash Funds Total C35h Funds at Beginning of the year Receipts for the Year Payments forthe Year 78.673 170.296 154.052 Total Cash Funds at end of the year 94.917 Movement in Funds At I" Jan 2023 Incoming Resources Outgoing Resources At 31 Dec 2023 Transfers Restritted funds Building Fund 44,997 20.237 11,625 {9.3001 44,309 44.997 20,237 11,625 19,300) 44,309 Unrestricted funds Designated Fabric Fund Flower Fund Deslgnated MLtsic Fund Sunday School Fund General Fund 500 206 500 338 32,132 33,676 500 196 500 308 49,104 50,608 io 30 142,387 142,427 150,059 150,059 9,300 9,300 Total funds 78,673 170,296 154.052 94,917 Pur oses of Endowment Funds -Legacy Fund provides a fund for unallocated le8acy donations from parishioners. The fund is intended to support future community outreach projects Pur oses of Restricted Funds Buildin8 Fund: This is a fund to assist with the cost of maintaining and improving Parish Buildings Pur 05es of De51 nated Funds Fabric Fund- The Trustee5 have set aside funds for the maintenance of the church property. Music Fund: The Trustees have set aside funds for the purchase of music resources for use in worship. Flower Fund: This is a fund to provide flowers for display during services of worship Sunday School Fund: The Trustees have set aside funds for use by the Sunday School. Holy Trinity Church Portrush- Parish of Ballywillan 11
Notes to the financial statements for the ear ended 2023 tontinued The amounts below have been included in Receipts for the Year under 2023 Envelope & Plate Collections Unrestricted 2023 £ 60.707 Restricted 2023 £ Total 2023 Freewill Envelopes and electronic payments Building Fund Envelopes electronic payments Loose Collections Harvest Thanksgiving Friendly Brother5 of St Patrick LOL 1022 Ballywillan 60,707 16,624 16,624 12,877 1,055 407 3,613 16,490 1,055 407 218 218 Proceeds from Fund Raislng Events Unrestricted 2023 £ 11,510 491 198 Restricted 2023 £ Total 2023 Summer Clothes Sale Parish Supper Parish Quiz 11,510 491 198 Other recelpts Unrestricted 2023 £ 1,8QO 10,991 6,587 19 315 Restricted 2023 £ Total 2023 Power Nl Rebate HMRC Gift Aid January 2023 HMRC GiftAid June 2023 BT Credit Bank adjustments ref lodgements 2023 1.800 10,991 6,587 19 315 Holy Trinity Church Portrush- Parish of BallyThvillan
Notes to the financial statements for the ar ended 2023 continued The amounts below have been included in payments for the Year under 2023 Church Running Costs Unrestricted 2023 £ 1.812 Restrirted 2023 £ Total 2023 Electricity Heating Oil Water Rates 1.812 4.364 384 4.364 384 Organists Sundrie5 - cleaning etc Intruder Alarm Candles - Paschal advent et Communion Wine 2,450 225 2,450 225 354 354 168 168 153 153 Christmas Tree 2022 Broadband 33 33 683 683 Sundry Costs 234 234 io Church Costs- Glebe Property Maintenance Unrestricted 2023 £ Restricted 2023 £ Total 2023 Boiler repairs choir room Church Boiler servicing 2022 Church Lighting Upgrade Ilabourl Joinery Works- kitchen New Outdoor sign Fittings for sign Kitchen cabinet repairs Kitchen / hallway repaint Parochial rooms kitchen refit Plumbing ref kitchen refit Signwriting new street sign Electrical work ref kitchen refit Boiler service 2023 Church roof repairs Choir room windowlplastering Painting ref choir rooms Motor repair- organ blower Sundry glebe expenses 740 315 882 626 558 53 105 790 iooo 740 315 882 626 S58 53 105 790 iooo 1247 1247 470 470 125 125 314 314 3190 895 170 3190 895 170 510 334 510 334 Holy Trinity Church Portrush - Parish of Ballywillan 13
Parish Centre Costs (Kelly Memorial Hall) Unrestricted 2023 £ 22,416 2.200 40 Restricted 2023 £ Total 2023 Repayment of Building Loan Utilities - heat light power & water Contract Cleaner following decoration 22,416 2,200 40 Equipment ref Café Church Paint and decoration Audio Mixer Radio Microphones Repairs to doors 6,750 2,995 426 714 620 6,750 2,995 426 714 620 io Administration Costs Unrestricted 2023 £ 815 5,567 201 266 884 26 18 358 23 801 180 Restrirted 2023 £ Total 2023 Printing & Stationery Insurances Telephone Copyright Licence Rector's Office allowance Administrator expenses Sundry Expense5 Omega Software Support Document shredding FWO BF Envelopes Bank Fees Parish Centre 815 5,567 201 266 884 26 18 358 23 801 180 120 120 120 li Tran5artions with the Trustees The parish paid expenses of £1,541.00 relating to the running costs of the glebe house which is occupied by the Rector. No trustee received any remuneration for work undertaken. Reimbursement of expenses during the year 2023 to Trustees were as follows. Trustee Name Purpose Unrestricted Funds £ Total £ Ivan Bell Canon Peter McDowell Denni5 Melville Glebe Expenses Rertory- Heoting oil 394 1541 394 1541 Church Running Costs 168 168 12 Governance Costs No governance costs were incurred during the year ending 2023. Holy Trinity Church Portrush- Parish of Ballywillan 14