CARRICK PARISH CHURCH
Trustee’s Annual Report and Receipts and Payments Account and Statement of Assets and Liabilities For the year ended 31 December 2024
Charities Number: NIC 105077
CARRICK PARISH CHURCH – CHARITIES NUMBER: NIC 105077
CONTENTS
| Page(s) | |
|---|---|
| References and administrative details of the Charity | 3 |
| Trustees’ Report | 4 – 6 |
| Independent Examiners Report to the Trustees | 7 |
| Receipts and Payments Account | 8 |
| Statement of Assets and Liabilities | 9 |
| Notes to the Financial Statements | 10 - 13 |
CARRICK PARISH CHURCH – CHARITIES NUMBER: NIC 105077
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
REFERENCES AND ADMINISTRATIVE DETAILS
Charity Name: The Carrick Parish Church Charity Registration Number: NIC 105077 Contact Address: Carrick Parish Office 13 Tyler Avenue Limavady Co Londonderry BT47 4RG
TRUSTEES (SELECT VESTRY) Rev Rhys Jones Orla McDonald Kenneth McCaughey Betty McDonald Albert McDonald Anne Gordon Noel Crawford Hannah Currie William Moore Elizabeth Dickson Margaret McSparron Olive Kearney Alistair McSparron George Stewart Cindy Fowler David Cooper Jim Thompson Marshall Hay Linda Hay
PRINCIPAL OFFICE-BEARERS
Rector: Rev Rhys Jones Treasurer: Anne Gordon Assistant Treasurer: Elizabeth Dickson Secretary: Margaret McSparron Rector’s Churchwarden: Hannah Currie Rector’s Glebewarden: William Moore People’s Churchwarden: Orla McDonald People’s Glebewarden: George Stewart
INDEPENDENT EXAMINER
Mark Riley BSc (Hons) ACA
BANKERS
Danske Bank 46 Catherine Street Limavady Co Londonderry BT49 9DB
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CARRICK PARISH CHURCH – CHARITIES NUMBER: NIC 105077
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024
The trustees present the annual report and statements of Receipts and Payments and Assets and Liabilities for Carrick Parish Church, Ballyquin Road, Limavady for the year ended 31 December 2024.
Charity Purpose and Activities
The charitable purpose of the Church of Ireland is the advancement of religion.
The principal function of the Carrick Parish Church 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 Christianity.
As a result of activity in the pursuit of the advancement of the Christian religion, the Carrick Parish Church 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 the Carrick Parish Church.
Achievements, Performance & Public Benefit
Carrick Parish Church provides weekly services of Morning Prayer along with Holy Communion, Baptisms, Weddings, Funeral Services and Pastoral Support. We hold Sunday School each week for the children prior to the morning service. During the year, Carrick Parish Church held their annual Harvest Thanksgiving Service, Orange Service and joint services for Easter and Christmas with its sister parishes which were well supported by the parishioners of the church and visitors.
We have numerous groups and clubs running in our parish which cater for all ages and interests, such as Mother’s Union, Horse Shoe Fellowship, Monday Club, Bible Study, and Knit and Natter. These activities fulfil our objective and charitable purpose and have provided public benefit. Through our activities we aim to contribute not only to the spiritual well-being of people but their physical, practical, social and emotional needs also.
We have mitigated any potential harm from the activities i.e. we uphold the standards of the Church of Ireland’s Child protection policy – Safeguarding Trust.
Financial Review
Financial reports are reviewed throughout the year and the year-end financial report is approved by the Trustees at the Easter Vestry. Total receipts of £78,965 for the year ended 31 December 2024 were more than total payments of £75,930, a surplus of £3,035, thereby increasing the total cash funds held as at 31 December 2024 to £66,872. Carrick Church also holds investment funds of £15,008.
Going Concern
The Trustees have reviewed the plans for the year ahead and are satisfied that there are adequate funds in place to ensure that the Parish can continue its activities. Furthermore, the Trustees have considered the consequences of the current economic climate and other events and conditions, and they have determined that they do not create a material uncertainty that casts significant doubt upon the Parish’s ability to continue as a going concern.
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CARRICK PARISH CHURCH – CHARITIES NUMBER: NIC 105077
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
Structure, Governance and Management
Governing Document and Constitution of the Charity
Chapter III of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The Select Vestry members are the Charity Trustees.
Recruitment 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 on the number of terms which may be served.
Pay and remuneration
The payment of salary and remuneration is determined by the Church Of Ireland Office.
Organisational Structure
The Select Vestry is responsible for the day to day management of the parish. The Select Vestry consists of the Rector serving in the parish, the churchwardens, the glebe wardens and generally not more than sixteen other members of the General Vestry elected at the Easter Vestry.
The Select Vestry is chaired by the incumbent. Select Vestry members are responsible for making decisions on matters of general concern and importance to the parish including deciding on how parish funds are to be applied.
The Select Vestry meet 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 on three occasions during the year and the average attendance was 87%.
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 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.
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CARRICK PARISH CHURCH – CHARITIES NUMBER: NIC 105077
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
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 by:
Date 28/10/2025
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CARRICK PARISH CHURCH – CHARITIES NUMBER: NIC 105077
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
Independent Examiners Report to the Trustees of Carrick Parish Church
I report on the accounts of the Trust for the year ended 31 December 2024, which are set out on pages 8 to 12.
Respective responsibilities of charity trustees and examiner
As the charity’s trustees you are responsible for the preparation of the accounts in accordance 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:
-
That accounting records were not kept in accordance with section 63 of the Charities Act
-
That the accounts do not accord with those accounting records
-
That the accounts do not comply with the accounting requirements of the Charities Act
-
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 have no concerns in respect of the matters 1. to 4. listed above and in connection with following the directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention.
| _________ Mark Riley BSc (Hons) ACA |
28/10/2025______ |
|---|---|
Date |
45 Newline Road Limavady BT49 9NF
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CARRICK PARISH CHURCH – CHARITIES NUMBER: NIC 105077
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024
| Note Receipts Donations and plate collection 3 Bishops Appeal Proceeds from fundraising events 4 Gift Aid Other receipts 5 Share of Parish expenses 6 Interest Total Receipts Payments Diocesan Assessment Diocesan Reader and Visting Speakers Organist Sunday School Expenses 7 Church Running Expenses 8 Charity Donations Parish Expenses (Share) 9 Bank Charges Other Expenses 10 Total Payments Net of receipts/(payments) |
Unrestricted Funds Restricted Funds Total Total 2024 2024 2024 2023 £ £ £ £ 25,096 7,32132,41627,087 - 12512560 - 16,70816,7089,375 4,405 -4,4055,622 - 24,13424,13411,802 1,162 -1,1621,096 15 -1514 30,677 48,288 78,965 55,056 |
|---|---|
| 21,097 -21,09720,886 725 -725925 1,180 -1,180900 211 -2111,358 3,027 -3,0272,572 - 505030 7,114 -7,1144,172 203 -203194 1,162 41,16142,32322,172 34,719 41,211 75,930 53,208 |
|
| (4,042) 7,077 3,035 1,848 |
Signed as approved on behalf of the Trustees by:
Date 28/10/2025
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CARRICK PARISH CHURCH – CHARITIES NUMBER: NIC 105077
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
STATEMENT OF ASSETS AND LIABILITIES AS AT 31 DECEMBER 2024
| Unrestricted Funds |
Restricted Funds |
Total | Total | ||
|---|---|---|---|---|---|
| 2024 | 2024 | 2024 | 2023 | ||
| Note | £ | £ | £ | £ | |
| Cash funds | |||||
| Current Account | 13,053 | - | 13,053 | 15,424 | |
| Building Fund | - | 53,819 | 53,819 | 48,412 | |
| Total Cash Funds | 13,053 | 53,819 | 66,872 | 63,836 | |
| Investment assets | |||||
| Investment Account | - | 15,258 | 15,258 | 15,008 | |
| Assets held for Parish's own use | |||||
| Rectory | 1 | - | - |
- | - |
| Total Assets | 13,053 | 69,077 | 82,130 | 78,844 | |
| Total Charity Funds | 13,053 | 69,077 | 82,130 | 78,844 |
Signed as approved on behalf of the Trustees by:
Date 28/10/2025
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CARRICK PARISH CHURCH – CHARITIES NUMBER: NIC 105077
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. Accounting policies
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:
(a) Receipts and Payments Account
As total income is less than £250k the Trustees have elected in accordance with the Provisions of The Charities (Accounts and Reports Regulations (Northern Ireland) to prepare its accounts on a cash receipts basis.
(b) Classification of Funds
Funds are classified as either restricted funds or unrestricted funds, defined as follows:
-
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 objects of the Parish;
-
Endowment funds are funds which have been given on the condition that the original capital sum is not reduced, but the income there from is used for the purpose defined in accordance with the objects of the Parish; and
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Unrestricted funds are expendable at the discretion of the trustees in furtherance of the objects of the charity. If parts of the unrestricted funds are earmarked at the discretion of the trustees for a particular purpose, they are designated as a separate fund. This designation has an administrative purpose only and does not legally restrict the trustees’ discretion to apply the fund.
(c) Statement of Assets and Liabilities
Assets retained for the Parish’s own use
The assets of the Parish, retained for its own use comprise:-
-
Church Building
-
Rectory
The Church Building is deemed to be Heritage assets as defined by the Charities SORP (FRS102). These Heritage assets are 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 to the parish.
The Rectory is recognised at cost, being the estimated fair value of the property at 31 December 2024. No depreciation has been provided on the Rectory as the current estimated residual value is not less than its carrying value and remaining useful life currently exceeds 50 years.
Ultimate control of the Rectory is held in the following proportions between the Trustees of the three sister Parishes:
Balteagh Parish Church (30%); Carrick Parish Church (30%); and Aghanloo & Tamlaghtard Parish Church (40%)
No asset value is included in the Statement of Assets and Liabilities for Carrick as the value is recognised in Balteagh Parish Church.
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CARRICK PARISH CHURCH – CHARITIES NUMBER: NIC 105077
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
2. Reconciliation of Cash Funds
| Current Account Building Fund £ £ Opening balance at 1 January 2024 15,424 48,412 Income 30,802 48,163 Expenditure (33,174) (42,756) Closing balance at 31 December 2024 13,053 53,819 |
Total 63,836 78,965 (75,930) |
|---|---|
| 66,872 |
3. Donations and plate collection
| 3. Donations and plate collection | ||
|---|---|---|
| Freewill Offering and Collection Freewill Offering and Collection (Restricted) RCB Distribution (Restricted) Bequests Donations (Weddings & in lieu) Total 4. Proceeds from fundraising events Carrick Parish Donations Buy A Brick - Carrick Parish Hall McSparron Sale Donation Nearly New Sale & Raffle Quiz Night 5. Other Receipts Government Energy Bonus Diocesan Grant Oakfield Day Out Funds Transferred from Building Fund Community Grant for Sunday School RCB Church Body Grant Grant Triangle Housing Grant |
2024 25,096 5,082 - 2,239 32,416 Total 2024 - 9,693 900 5,275 840 16,708 Total 2024 - - - 134 - 12,000 11,000 1,000 24,134 Total |
2023 22,761 3,770 56 500 27,087 Funds |
| 2023 201 - - 8,319 855 Funds |
||
| 9,375 | ||
| 2023 600 695 507 9,500 500 - - - Funds |
||
| 11,802 |
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CARRICK PARISH CHURCH – CHARITIES NUMBER: NIC 105077
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
6. Share of Parish expenses (Received)
| Share of Parish expenses (Received) | ||
|---|---|---|
| Balteagh Expenses Aghanloo & Tamlaghtard Expenses |
2024 498 664 1,162 Total |
2023 470 626 Funds |
| 1,096 |
These monies are receipts from, Balteagh, Aghanloo and Tamlaghtard in respect of shared expenses paid by Carrick and recharged accordingly.
Shared expenses are analysed further at Note 9 .
7. Sunday School Expenses
| Easter Egg Hunt Sunday School Prizes & Expenses Oakfield Park - Day Trip Hope |
2024 2023 65 53 146 714 - 502 - 88 211 1,358 Total Funds |
|---|---|
8. Church Running Expenses
| NI Power NI Water Insurance Charge for envelopes Oil General Repairs/Maintenance |
2024 2023 359 298 86 79 1,514 1,416 202 187 621 592 244 - 3,027 2,572 Total Funds |
|---|---|
9. Parish Expenses
Details of the shared expenses are as follows:
| Office Expenses Electricity Insurance Oil Rates Rectory Repairs and Maintenance BT Printing Shared Parish Costs |
2024 2023 1,035 393 1,782 1,411 324 383 1,923 2,256 988 938 11,581 390 871 869 1,350 1,792 2,821 1,162 Shared Expenses |
|---|---|
| 22,676 9,594 |
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CARRICK PARISH CHURCH – CHARITIES NUMBER: NIC 105077
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
Carrick Parish Church contributed a total £7,114 to the above shared expenses in the year ended December 2024 and £4,172 in the year ended December 2023.
10. Other Expenses
Details of other expenses relates to miscellaneous costs incurred as follows:
| Funds Transferred to Building Fund Reallocation of FWO to Building Fund Donation - Drumachose Church Hall New Organ Gifts within Parish Donation in Lieu Monday Club Fundraising Expenses Gravel for Carrick Carrick Parish Hall - Build Expenses Causeway Coast & Glen - Planning Application Architect Fee - Planning Application |
2024 100 200 150 - 653 - 75 134 - 40,291 - - 41,603 Total |
2023 9,500 189 50 10,000 215 - - - - - 818 1,400 Funds |
|---|---|---|
| 22,172 |
11. Transactions with the Trustees
No trustee received any remuneration 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.
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