2022-12-31-accounts

Church of Ireland ownce (4 Ihp St Mellan's Parish Church, Aghader& Loughbrickland Annual Report and Financial Statements For the year ended 31st December 2022 Northern Ireland Charitie5 Number: 105085

• Church of Ireland A wowtKe of tfye Atwlc8n C£￿1￿]￿J]i0 St Mellan's Parish Church. Aghaderg, Loughbrickland Contents Page Trustees, Annual Report Independent Examiner's Report to the Trustees Statement of Financial Activities Statement of Assets and Liabilities Notes to the Financial Statements 8-12

• Church of Ireland A Ihe kngican c￿lM￿n￿)n St Mellan's Parish Church, Aghaderg, Loughbrickland References and Administrative Details - Year ended 31st December 2022 Charity Name: St Mellan's Parish Church. Aghaderg, Loughbrickland Charity Registration Number: NIC105085 Contact Address: 15 Oaklands Loughbrickland Banbridge Co. Down BT32 3WN Trustee5: Rev Rodney Magennis Mrs Elizabeth Robb Mrs Iris Browne Mr Trevor Fegan Mrs Iris Ingram Mr5 Anne Mccullough Mrs Valerie Bryson Mrs Alison Livingstone Mr Mervyn Fegan Mr Raymond Fegan Mr Norman McKniBht Mr William Fegan lappointed May 2022) Mr John Geoghegan lappointed May 2022) Mrs Ann Clendinning (appointed May 20221 Miss Hilary Fe8an (appointed May 20221 Principal Office-bearers: Rev Rodney MaEennis - Rector Mr Raymond Fegan - Treasurer Mrs Elizabelh Robb - A551Stant Treasurer Mrs Ann Clendinning- SÈcretary Mr William Fegan- Rector's Churchwarden Mrs Iris Ingram - People's Churchwarden Independent Examiner: MrThomas Vint, F.C.C.A. S M Vint & Company Chartered Certified Accountants 8 Newry Road Banbridge Co Down 8T32 3HN Bankers: Dan5ke Bank Donegall Square West Belfast BTI 6JS

Church of Ireland A pro111￿e ol It* CoiFill14117ion ST MELLAN'S PARISH CHURCH. AGHADERG. LOUGHBRICKLAND TRUSTEES, ANNUAL REPORT The trustees present the Annual Report and Statement of Receipts and Payments and Assets and st Liabilities for St Mellan's Church, Aghaderg Parish for the year ended 31 December 2022. Objertives and Artivities The charitable purpose of the Church of Ireland is the advancement of religion. The principal function of St Mellan's Church, Aghaderg Parish is to support the advancement of the Christian religion by promoting, through the work of St Mellan's Church, Aghaderg 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 advancernent of the Christian religion, St MelSan's Church, A8haderg Parish 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 St Mellan's Church, Aghaderg Parish. Achlevements, Performance & Public Benefit 2022 (2021 in brackets) The Parish continued to have regular services of worship throughout the year 2022. This year we were allowed to meet every Sunday with no restrictions due to Covid. which was a good thing. Services continued to be broadcast each week on the parish YouTube channel and Facebook page. There were 52 {40) in-person main Sunday morning worship services in 2022 (20211 with an average congregation of 27 (27). The average number of communicants each month was 22 {21). A5 well as 6 {4) other Occasional Services, there were 2 (21 Baptisms, O11} Marriages, 7110} Burials {5 parishioners, 2 non-parishioners}. On Christmas Day at service was held in Aghaderg and the attendance was 20 (10). For a few months a mid-week Holy Communion service was held, shared with Scarva and the average attendance was 5 (5). This year we had a Confirmation Service in the group and 3 members of this parish were confirmed. Pastoral work and visiting remained difficult in 2022 when restrictions were in place and especially in the settings of hospital and care homes, but as the year progressed restrittions were easing and more visits were possible. Church organisatlons include a Ladies Guild group and a Sunday School. The Sunday School teachers have been vetted through Access Nl and we have officers in place in line with the Church of Ireland Policy on Safeguarding Trust. The new parish-wide Youth Fellowship started up in November 2022 and is going very well, with a healthy membership and leaders in place. Page I

Church of Ireland A ￿.0*l￿e of Èlle AngJKan Con;niuniofJ ST MELLAN'S PARISH CHURCH. AGHADERG. LOUGHBRICKLAND TRUSTEES, ANNUAL REPORT IcontSnuedl Repairs and general maintenance were continued on the Church property during 2022. During 2022 renovations took place on the old Rectory on the 8anbridge Road and the house was brought up to a liveable standard, it has now been rented out and a monthly income is coming into the accounts of Aghaderg Church. The Parish along with Scarva and Donaghmore purchased a property for the curate to live in, Aghaderg paying 45% of the total. The house is situated in Oaklands, Loughbrickland, number 15. 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 objective5 and activities, as well as providing public benefit. A5 well as providing burial facilities for non-parishioners with historic family connections to the Parish, the Parish continues to maintain the rich cultural, historic and architectural heritage of St Mellan's Church which is open to Visitors upon request. Financial Review 2022 (2021 in brackets) The income into the Parish's general fund from various sources was £110,594 (£54,103) with outgoings of £186,044 (£44,075) giving a deficit of £75,0901£10,028). st The bank and cash in hand balance at 31 December 2022 was £25,037 {£96,709). The balance of investments held within the RCB Investment funds was £36.723 (£40,141). It is the trustee's policy to hold sufficient reserves to cover unexpected emergencies, to build up funds to pay for future maintenance to the Church, Parish hall and grounds, and to further the objectives and activities of the Church of Ireland. 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 2022 can be signed off a5 a 80ing concern. Structure. Governance and Management Governing Document and Constitutlon of the Charity Chapter 111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organi5ations. The select vestry members are the charity trustee5. Page 2

• Church of Ireland ST MELLAN'S PARISH CHURCH. AGHADERG, LOUGHBRICKLAND TRUSTEES, ANNUAL REPORT (continuedl 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 meeting of the general vestry and to stand for election to the select vestry. Meeting of the general vestry are held at least once a year. The select vestry is elected a5 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 term5 which may be served. Pay and remuneration The Rev Rodney Magennis remains in the role of Diocesan Curate with special responsibilities for the Grouped Parishes of Aghaderg, Donaghmore and Scarva, where he received a stipend, office and locomotory allowance directly from the Parishes in accordance with figures approved by the General Synod of the Church of Ireland. The Aghaderg Parish pays 45% of this sum which came to £1,012.59 per month in 2022. The trustee Mrs Anne Mccullough received £1,265 in 2022 for playing the organ. The trustee Miss Hilary Fegan received £46 in 2022 for playing the organ. The trustee Mr Raymond Fegan's company (D7 RGF Ltd) was paid £34,020 for works to the old rectory and £360 in respect of white goods supplied for the 'new' rectory. 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, the church wardens. the Glebe wardens and generally not more than twelve other members of the general vestry a5 elected. The select vestry is chaired by the member of the clergy officiating at the Parish. Select vestry members are responsible for making decisions on matters of general concern and importance to the Parish including deciding how Parish fund5 are to be applied. The select vestry meet5 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. 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 achieve the parish's objectives and activities, as well as providing public benefit. Page 3

• Church of Irelanc A prJvli4ico of ihe AIioE*-an Cooin)iitiic ST MELLAN'5 PARISH CHURCH, AGHADERG. LOUGHBRICKLAND TRUSTEES, ANNUAL REPORT Icontinued) statement of Trustees. Responsibilities The trustees are responsible for preparing the Trustees, Report and the statement of receipts ani 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 le55 than £250,000 requires thi trustees to prepare a statement of receipts and payments and a statement of a55ets and liabilitie., for each financial year. The trustees are responsible for keeping accounting records that are sufPicient to show and explair the Parish's transactions and disclose with reasonable accuracy at any time the assets and liabilitie! of the Parish. They are also responsible for safeguarding the assets of the Parish and hence foi taking reasonable Steps for the prevention and detection of fraud and other irregularities. Signed on behalf of the trustees Trustee I Trustee 2 Date Page 4

Church of Ireland A prowi]¢e thl tto A()glcan G￿lna￿￿K Independent Examiner'5 Report to the Trustees of Aghaderg Parish Church I report on the accounts of the charity for the year ended 31st December 2022 which are set out on pages 6 to 12. Respertive responslbllities of Trustees and Examiner As the charit¢s 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 Charitie5 Act- follow the procedures laid down in the general DIrect￿n5 given by the Charity Commission for Northern Ireland u nder section 6519llbl of the Chaiities Act; and state whether particular matters have come to my attention. Basis of Independent Examlner's report I have examined your charity accounts as required ￿nder section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Cotnmission for Northern Ireland under settion 6519llbl of the Charities Act. My examination included a revtew 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.. l. 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 f urther 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 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 drawing to your attention. J*liolL3 Mr Thomas Vint F.C.CA For and behalf of S.M. Vint & Co Chartered Certified Accountants & Registered Auditors 8 Newry Road Banbridge BT32 3HN PaEe 5

Db Church of Ireland St Mellan's Parish Church, AghaderE. Loughbrfckland Statement of Financl31 Artivities for the year ended 31st December 2022 Endowment Yotal funds Funds 2022 funds fvnd5 Totsl 2021 Income from: Donaiions and plate collections Bank afid dEPOSIt interest Inve5trnent income Rent31 income Other receipt5 Bank loan receNed Rèceipts from Parish org3ni5ation5 Receipts from other Parishe5 Collections for third partres Total income 25,R47 289 1,287 8.1 4.652 8,071 33.918 291 1.287 8.170 6,489 60,000 28,049 222 5.841 3.370 9,983 70 1.837 154 5,695 789 54.103 7Y9 10,779 799 110.954 ILK).175 Expenditure on: Wages and Salaries Diocesan c05t5las5essments Church running cost5 Glebe c05t5 ParFsh centre costs Administration costs Ch3titsble éonèiions Payments to parish or8anisations Collectior15 for third parties RefiJrbishm@nt of Church Gifts Bank loan Tepayments Purcfv35e of 'New' Rettory Investment expendtlure Total expenditure Net incomo I lexpendituiel resourtes 18.507 3￿6 7.239 37,359 753 3.428 18,507 3.086 6,448 36,641 ?53 3.428 17,966 3,{￿8 6,968 10,268 924 1,823 40 424 191 2,373 -791 -718 1,382 1,382 12 3,345 109.025 12 3,345 IClJ.025 3.417 186.044 -75.090 li 107 -20 JO.799 3,310 3,310 -3.310 182.754 -82,579 44.075 10.028 Reconclliatlon of funds Total funds brought lonward Movement in the year Transfers In Transfers out Total lund5 carried lonvard 61.093 -82.$79 34.020 34.379 10.799 41.378 -3.310 136,850 -75,090 34,020 -34.020 61,760 126,822 10,028 -34.020 11,158 12,534 38.068 136 850 Pa£e 6

Church of Ireland A WQViiJ¢e ol the conin1ijn￿, St Mellan's Parish Church, Aghaderg, Loughbrickland Statement of Asset5 and Liabilities as at 31st December 2022 Note As at 3111212022 A5 at 3111212021 Fixed assets Ta ngible assets Investments 12 13 376,481 36.723 413,204 234,000 40,141 274,141 Current Assets Cash at bank and in hand Due from other Parishes 25,037 564 25,601 96,709 96.709 Liabilities Creditors 14 58,541 Net current 355ets -32.940 96,709 Total assets less current liabilities 380,264 370,850 Total net assets less liabilities 380.264 370,850 Notes on pages 8 to 12 are an integral part of these financial statements. The financial statements on page5 6 to 7 were approved by the Board of Trustees on 23 October 2023 and signed on its behalf by: Rev Rodney Magennis- Rector P4Y Mr Raymond Fegan- Treasurer Page 7

• Church of Ireland A ￿"0￿{*￿￿e ol Ihe Arl9f£8Tr C￿)n]LIn￿￿ St Mellan's Porish Church, 4hader8. Loughbrickland Note5 to the financial statements for the year ended 31 tlecember 2022 l. Accounting poli¢les The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follow5.. a) Basls of preparation The financial statements have been prepared on a going concern basis in accordance with Accounting and Reporting by Charities.. Statement Gf Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021- Icharities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. The Parish meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical c05t and transaction value unless otherwise stated in the relevant accounting policy notel51. b) Preparatlon of accounts on a going concern basi5 The Parish generally meets Its day to day working capital requirements from its annual income. The Trustees have obtained and reviewed cash flow forecasts for the coming year and based on these 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 cl Income Incorne is accounted for on a cash receipts basis as the amount Is collected and are allocated as either restricted or unrestricted funds according to the ttYm5 of the donation. dl Expenditure Expenditure is recognised on a cash payments basis. el Tanglble assets The a55ets of the Parish comprise=_ Church building and graveyard Parish hall Glebe House 'New' Rectory Fixtures and fittings The Church BuildinE and Grounds are deemed to be Heritage assets as defined by the Charities SORP IFRS1021. These Heritage assets are not included on the balance sheet as information on the cost or valuation is not available and such information cannot be obtained at a cost tommen5urate with the benefit to the users of the accounts and to the parish. The parish hall was Oullt In 1824125. There are ntj reliable re¢ords of the cost of thi5 COllStructionlacgUlSltioA and valuation approach for such buildings lacks sufficient reliability. A5 a result. thi5 building is not recognised in the parish statement of assets and liabilities. The GlÈbe House is reco8nised at replacement cost based on the insurance valuation provided on 3111012018. The 'New' Rectory is 4590 of the cosl as financed by the Aehaderg Parish. Fixtures and Fitlings are recognised at cost and are depreciated on a 5traiEht line basis over a period of 10 years. Fixtures and fittings are deemed to be Heritage assets as defined by the Charities SORP IFRS1021. These fixtures and fitting5 are artefacts contained within the Church building and their preservation and contribution to culture are ancillary to faith and other purposes. 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 cannoi be obtained at a cost commensurate Page 8

Church of Ireland A i)￿0VIt}￿e Ihe ArwlcRTr St Mellan's Parish Church, Aghader& Loughbrlckland Notes to the financial statements for the year ended 31 De￿mber 2022 (continued) fl Investments Fixed a55et investment5 comprising investment properties. investments in equities and investment in RCBICIT Unit Trusts ère initially recorded at C05t and are then subsequently stated at fair value at each year end date. The revalution surplus or shortfall 15 then included alongside olher irKoming and outgoing resources. g) Cash and cash equiv?lents Cash and cash equivalents includes cash in hand, depo￿t$ held at call with banks, other short-terrn highly liquid investrnents with original maturities of three months or less and bank overdrafts. Bank overdrafts afe shown within Creditors Amounts falling due within I year. h) Financial instruments The Parish only has financial assets and financial liabilitie5 of a kind ihat qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction price and subsequently measured at their settlement value. i) Funds Funds are classified as either restricted funds or unrestricted funds. defined as follows-. Restricted funds are funds subject to spe¢ifi¢ requirements as to their use which may be declared by the donor or with their authority or created throu8h legal processes. but still within the wider objects of the Parish. Unrestrictod funds are expendable at the discretion of the irustees in furtherance of the objects of the charity. If parts of the unrestricted funds are earmarked ai 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. 2. Critical accounting judgements and estimation ￿n￿rtaInty Estimates and judgments made in the process of preparing the financial stalements are continually evaluated and are based on historical experience and other fartors. including expectations of future events that are believed to be reasonable under the circumstances. The Trustees do not consider that there are any critical judgments made in applying the Parish's accounting policie5 or that there are any critical accounting estimates or assumptions which may have a SiBnificant risk of causing a material adjustment to carrying amounts of assets and liabilities wiihin the next financial year. 3. Movement in Funds Incomln8 At l Jan 2022 Resour Outgoing Resources At 31 Dec 2022 Endowment Funds The Florence Stewart Bequest The Thomas H Browne Bequest The Alymer Grattan Bequest The Harry Beamish Bequest 1,000 1,000 1,000 200 250 200 250 Investment in RCB General Unit Trust Cash per Rev HW Lett Cash per Very Rev J Lefroy EH Lefroy Berbefadion In memory Robert Hill Grattan James & Mary Geoghegan Mem Fund Kathleen Neill Bequest Marquis of Downshire donation Mary Winifred Brown Bequest Mrs H Lefroy Trust Mrs M Mclntyie Bequest 614 333 890 5,124 4,450 10.006 556 3,017 1.938 89 44 24 64 368 320 720 40 570 309 826 4,756 4,130 9,286 516 2,800 1,799 83 217 139 Page 9

Church of Ireland 5t Mellan's Parish Church, Aghaderg, Loughbrickland Note5 lo the financial statements for the year ended 31 December 2022 (continued} Rev C Lett Bequest WG Dickson Bequest 890 1.183 826 1,098 85 Inve5tment5 in CIT Unlt Trusts Arthur Hugh Ross Bequest John Ross Bequest Norah Hill Bequest William J Grant Memorial Sarah Agnes Fleming Bequest William Geoghegan Bequest William Geoghegan Bequest James & Isaac Grattan Mèmorial Archibald Grattan Bequest Moses Moorhead Donation Anonymous Donation James McAllister Bequest Agnes J White Bequest Jame5 Grattan Bequest James Devlin Bequest William Browne Memorial In Memoryjane Mehaffey Margaret Johnston Donation 2.036 1,018 1.652 1,807 344 252 126 205 224 43 70 19 28 53 26 1,784 892 1,447 1,583 301 498 136 196 377 181 46 60 316 46 166 573 io 155 224 430 207 52 69 361 52 189 654 12 45 23 81 41,378 3,310 38,068 Restricted Funds Fundraising Fund Building Fund Third Party Collections Ladies Guild Investment Fund Investments in RCB General Unit Trust Church Insurance Bonus Church Officers Composltion Balance Parochial Funds Portion of Glebe Equity for 1892 Transfei from Diocesan Stipend Fund Investments in CIT Unit Trusts Parishioners Parishioners Parishioners 393 30,625 607 1.540 393 8,092 24 1,542 11,828 799 34,361 1,382 31 313 396 29 290 368 23 28 82 76 120 241 25 34.379 15 30 105 211 22 11,158 12,629 35,850 Unrestrlcted Funds General Fund Ladie5 Guild Catering Fund Ladies Guild General Fund Ladie5 Guild Cash Fund 59.579 454 1.013 47 61.093 138.175 loo 1.031 152 139,458 186,887 30 1,032 68 188.017 10.867 524 1,012 131 12.534 Total Funds 136,850 152,087 227,177 61,760 Page 10

Church of Ireland A woYiiKe ollP)e Conin7I1nio St Mellan's Parish Church, Aghader& Loughbrickland Notes to the financial ￿aternents lor the year ended 31 December 2022 (contlnued) 4. Collections for Third Parties 2022 2021 Southern Area H05pice {£24 on hand 31112122) UCB Word for Today RBL Poppy Appeal Stand by Me Bishop's Appeal Sands 511 606 41 42 loo 95 143 50 799 789 5. Tran5artions wlth the Trustees The trustee Mrs Anne Mccullough received expenses of £1265 for the provision of musical services as orEani5t of the Parish. The trustee Miss Hilary Fegan received expenses of £46 for the provision of musical services as relief organist. The trustee MT Raymond Feg3n's company ID7 RGF Ltd) was paid £34020 for works to the old rectofy and £360 in respect of white goods supplied for the'new, rertory. 6. Governance Costs Governance costs of £1,500 were paid during the year. This relates to fees paid to ihe Independent Examiner. 7. Church RunninE Costs 2022 2021 Light and heat Church insurance Water rates Graveyard expÈnses Repairs and maintenan Sundry expenses 2,820 1,268 87 1,932 341 2,462 1,694 79 2.650 83 6,968 6,448 8. Other Recelpts 2022 2021 NIE Wayleave Graveyard fees In lieu of flowers Gift 3id Share of covid grant Bank fee refund Power Nl overpayrnent Word for Today 1,015 820 3,568 680 2,430 2,225 3,203 20 2.103 361 6,490 9,983 Page 11

Db Church of Ireland .VQ'OlIl￿e of ArJgi*sn c￿}￿}JIAr0I) St Mellan's Parish Church, AghaderE. Loughbrickland Nole5 to the financial Statements for the year ended 31 Decernber 2022 Icontinuedl 9. Wages and Salaiies 2022 2021 Stipend Cover duty Clergy pension fund Organist Supply organist Speakers - Ladies Guild 12,151 260 4,742 1,265 69 20 18,507 12,151 300 4,526 966 23 17,966 10. Share of Glebe Costs 2022 2021 Rates Repairs and maintenance Rent of Glebe House for Rev Magennis Renovations to Glebe House 602 589 1430 34020 36,641 1,308 1,760 7200 10,268 11. Investment Income 2022 2021 Church of Ireland Trustees Dividend RC8 Unit Trust Income Revaluation of RCB Unil Trust Revaluation of CIT Unit Trust Scheme Income 303 760 601 726 3,563 737 214 5.841 224 1.287 Investment Ex enditure Devaluation of RCB Unit Trusts (Loss) Devaluation of CIT Unit Trusts ILossl 2,150 1,267 3,417 12. Tangible Assets 2022 2021 Glebe House New, Rectory 268,020 108,461 376,481 234,000 234.0( 13. Investments 2022 2021 Investments in RCB Unit Trusts Investments in CIT Unit Trusts 27,766 8,957 36,723 29,917 10,224 40.141 13. Creditors 2022 2021 Bank loan balance 58,541 Page 12