Church of Ireland A proviiice of Ihè AFJgJc4.4 C¢M4niiirirofl St Mellan's Parlsh Churth. Aghade￿ Lou8hbrfd(land Annual Report and Flftandal Statements for the year ended 31st Decernber 2023 Northern Ireland tharltles Number. 105085 Church of Ireland A prowiice ol lh¥ At)gl¢an ConiftiiinrL St Mellan's Parish Church, A8hader& Loughbrlckland Contents Trustees, Annual Report 14 Independent Examiner's Report to the Trustees Statement of Financial Activities Statement of Assets and Uabilitles Notes to the Financial Ststements &12 Church of Ireland A rn"thYntÈ ol Ihe C0FPi￿lIfr1l0iTr St Mellan'5 Partsh Churth, Aghaleffj Lou8hbrkkland References and Admlnktratfve Detalts. Year ended 31st Decembef 2Q23 Charlty Name: St Mellan's Parish Churth, Aghader& Loughbrickland Charity Re8iStratlon Number: NIC105085 15 Oaklands Lou8hbrickland Banbrldge BT32 3WN Trustees: Rev ftodney Ma8ennls Mrs Eliiabeih Robb. Mrs Iris Browne/ Mr Trevor Fega Mrs Iiis In8ram Mrs Anne Mccullough Valerie Bryson / Mrs Alison Livingst(me Mr Mervyn Fegan {resi8ned 19104123) Mr Rayrnond Fe8an Mr NOm￿Tr McKni8ht I￿18ned 19104n3) Mr Wdliam Fegan Mr John Geoghegan Mrs Ann aendlnnl￿- Miss Hilary Fegan./ PrI￿1paI Oflke&arets: Rev Rodney Mageftnis- Rector Mr ftaymond Fe8an- Treasurer Mr5 Elizabeth Robb- Assistant Treasurer Mr5 Ann aendinnin8- Se(xetsry Mr William Fe8an- Redof's Church warden Mrs Iris Ingiam - People's Cknurch warden Mrs Valerie Bryson - RectOT'S Glebe warden MrTrevoe Fegan - People's Gelebe warden Independent Examiner. MrThoma$ Vlnl F.QC. S M Wint & Companv Chartered Certified Accountsnts 8 Newry Road Banbr 8T32 3HN Bankers: Danske Bank Donegall Square West Belfast 16JS Church of Ireland A pro*nce off11)e knglc8r. Coniniijntioi? ST MELLAN'S PARISH CHURCH. AGHADERG, LOUGHBRICKLAND TRUSTEES, AhlNUAL REPORT The trustees present the Annual Report and Ststement of Receipts and Pawnents and Assets and Liabilities for St Mellan's Church. Aghader8 Parish for the year ended 31" December 2023. Objectlves and Artlvlties The charitable purpose of the a)urch of Ireland is the advancement of reli81on. The prindpal function of St Mellan's Church, Aghaderg Parish Is to support the advancement of the Christian rell8lon by promotin& through the work of St Mellan'5 Church. Aghaderg Parish, the whole mission of the church, p35toral. evangelistic. social and eciimenlcal. Being open to and engaglng with soclety as a whole and offerln8 support for those needing help are fundamental to the practical delivery of the beneffts of Chrlstlanlty. As a result of activity In the pursuit of the adVan￿rnent of the Chrlstian rellglon. St Mellan's Church, Aghaderg Parish has custody of property and of records materials and artefacts of signfficance to the cultural and religtous heritage and maintenance of whlth 15 undertaken by the selec( vestry of St Mellan's Church, Aghaderg Parish. Achlevements, PerfOrni￿Ce & Publlc Benefft 202312022 In brackets) The Parish continued to have regular servkes of worship throughout the year 2023. This year we continued to meet every Sunday except for one where the 8rouped parishes came together for a Joint service and lunch at Donaghmore Church to mark the Coronation of King Charles111. Servlces ceased to be broadcast on YouTube unless the￿ was a spKific request or a special servlce. There were 52 (52) main Sunday mornin8 worshlp services in 2023 (2022) wlth an average congregatlon of 31 (27). The average number of communicants each month was 25 (221. As well a5 8 (6) other Occasional Servlce5, there were O (2) Baptisms. O (O) Marriages. 3 (7) Burials (2 parishloners, I non- pari5hloners). On Christmas Day a service was held at Aghaderg Church at 8.30am and the attendance was 191201. For a few months a mid-week Holy Communlon service was held, shared wkth Scarva and the average attendance was 7 {5). Pastoral work continued throughout 2023 with very little restrictions in place due to covld. The priority of the minister In charge 15 the edelerfy. sick and bereaved. Other vi55tln8 takes place as and when time pern)lts. Page I Church of Ireland A prowrlce ol ihfr Coniniiinion ST MELLAWS PARISH CHURCH. AGHADERG. LOUGHBRICKLAND TRUSfEES' ANNUAL REPORT Icontlnued) Church organisations include a Ladies Guild group. a Sunday School and a Youth Fellowship. The Sunday School teacher5 have been vetted throu8h Access Nl and we have officer5 in place in line with the Church of Ireland Policy on Safeguarding Trust. The parish-wide 'Steadfast' Youth Fellowship is continuing and going very well. with a regular attendance and everyone keen to see it progress in the future. In Autumn 2023 a short Bible Study serie5 was introduced and was held at the rectory. All three parishes were ￿preSeThted at the meetin8s and it was a good tlme spent with others seekin8 to develop fvrther their faith in Jesus. A speclal servlce was held In Aghader8 Church of 'Royal Hymns, to mark the Coronatlon of Kin8 Charfes111. wlth special guests attendln& Repalrs and general malntenance were continued on the Church property durln8 2023. Flnandal Revlow 20Z3 (20a ln brackets) The Income Into the Parish's funds from varlous sources was £268.7(K>1£110.594) with outgoings of £109,166 {£186,044} giving a surplus of £159.534 (deficit £75,090). The bank and cash In hand balance at 31° December 2023 was £183.3181£25,0371. The balance of Investments held within the RCB Investment funds was £37.976 (£36,723). It is the trustee's policv to hold suffiaent reserves to cover unexpected emergencies. to build up funds to pay for future malntenance to the Church. Parish hall 8Tounds, and to further the obSettlves and attlvrties of the Churth of Ireland. Golng Concern The trustees have revIe￿ed the budgets for the year ahead and are satisfied that there are adequate funds in place to ensure that the Parish can continue its attivlties and the financlal statements for the year ended 2023 can be signed off as a going concern. Structure, Governance and Mana8ement Govemlng Documert ond ConstItt￿on of the ￿rity Chapter 111 of the Constit￿lOn of the Church of Ireland governs Parishes and Parochlal Organisations. The select vestry members are the charity trustee5. Page 2 Church of Ireland A pr￿￿£0 ol thè Ary.¢8n C¢n7niiini¢y) ST MELLAWS PARISH CHURCH. AGHADERG. LOUGH8RKKIANO TRusfEES' ANNUAL REPORT (Con￿nUed} RecrultmentandAppolntment of5eknt Vesty (fntsteesj All members of the Church of Ireland who are over the age of 18 and are either resldent within the parlsh or Ilve elsewhere but have been accustomed member5 of the congregatlon for at least three month5, may register as members of the 8eneral vestry of the parish, allowin8 them to attend and vote at meeting of the general vestry and to stand for elertion to the select vestry. Meetln8s of the general vestry are held at least once a year. The select vestry Is selected as part of the general vestry meetin& The select vestry will hold their posltlons for a perlod of one year. Select vestry members may be rtrdected annually and there Is no limit on the number of terms whlch may be served. Pay and remuneratlon The fteverend Rodney Magennls was appolnted as Mlnlster In char8e of the grouped parlshe5 of ABh3der& Donaghmore and Scarva in July 2023. Reverend Magennis was introduced at a special servlce in September that year. where he received a stipend. Offi￿ and locornotory allowance. The trustee Mrs Anne Mccullough received £L311 in 2024 for playinB the organ. Organisational Structure The select vestry is responslble for the day to day managemerrt of the Parlsh. The select vestry consists of the membef 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 as elected. The select vestry is thaired by the member of the clergy officiatln8 at the Parlsh. Selett vestry members are responsible for maklng ded5•￿$ on matters of general concern and importance to the Parish induding 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. Compltance with Public Bwxfft The Parlsh has 8lven careful conslderation to the Charlty Commlsslon for Northern Ireland's uldance on publlc benéfit to ensure that the actlvltles entered Into durlng the year have helped achleve the parlsh's objettlves and activitles. as well as pnwidlng public benefit. Pa8e 3 Church of Ireland A proviiKe ol the Afwlran Conimiinioi? sr MELLAN'S PARISH CHURCH. AGHADER6. LOUGHBRICKLAND TRusfEES' ANNUAL REPORT IcoTrtlnued) Statement of Tritsteerf Respon￿bIlItIeS The trustees aTe responslble for preparing the Truste￿ Report and the statement of recelpts and payments and statement of assets and liabilities In accordance with applicable law and regulatlons. The law applicable to charities in Northern I￿land with irKome of less than £2SO,000 requires the trustees to prepare a statement of recelpts and payments and a statement of assets and liabilitles for each financlal year. The trustees are responsible for keepFn8 accounting records that are suffioent to show and explain the Parish's transactions and dixlose with reasonable accurary at any time the assets and liabilities of the Parlsh. They are also responslble for safe8uardin8 the assets of the Parish and hence for taking reasonable step5 for the preventlon and detection of fraud and other iffe8ularltles. Sl8ned on behalf of the tntstees Trustee I Trustee 2 12th March 2024 Page 4 4a Church of Ireland A provprKe ol (he Arylrafj CthJniW￿4I Independent Examiner's Report to the Trustee5 Of Aghaderg Parish Church I report on the accounts of the charity forthe year ended 31st December 2023 which are set out on pages 6 to 12. Respertive responsibilities of Trustees and ExamSneT As the charitws truslees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to.. examine ihe accounts under section 65 of the Charities Act; follow the procedures laid down in the general Difections given by the Charity Commission for Northern Ireland under section 6519llbl of the Ch3rities Act: and state whether particular matters have come to my attention. Basis of Independent Examiner's report I have examined yOLJr charity accounts as required under Section 65 of the Charities Act and my examination wa5 carried out in accordance with the general Directions given by the Charity Commi55ion for Northern Iieland under section 6519}Ibl 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 account5, and seeking explanations from you as charity trustees concerning any such matters. My role is to state whethe¥ any material matters have come to my attention giving me cause to believe.. l. That accounting records were not kept in accordance with sertion 63 of the Charities Act 2. That the account5 do not accord wtth 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 Since your charity's gr055 income exceeded £250,000 your examiner must be a mefflber of a listed body. I can confirm that l am qualified to undertake the examination because l am a member of Chartered Accountants Ireland, which is one of the listed bodies. I have completed my examination and have no concerns in respect of the matters111 to141 lisled 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. Mr Thomas Vint F.C.C.A For and behalf of S.M. Wint & Co Chartered Certified Accountants & Registered Audltors 8 Newry Road Banbridge BT32 3HN )i 1213 $2. 7,853 316 210m) 24 316 210.cw/ 162 268,70) 799 110.954 761 L2 Un8 23.728 507 Church nmnln8COSts Gkbe rosr5 Pa￿Sh centrt wsts Adrnln15traOon costs thaJTrble donations Payments topèrlsh or8ani5adDn5 Col*tdon5 forthlrd panies Rthirtslthmentofchu Gfft5 Bank loan repawnents Pu￿*¥$e of'Nr* Ile¢iory lTrvestrnent expendlbJre 8.922 3.125 9.￿3 36,641 753 3A28 L055 3.114 L382 62x61 3.345 I￿3￿25 3A17 186.IM4 -75.090 4.175 213 15%534 Yotsl fvndSbm￿f lom h*J¥ém*iin the y* Translers In Tr4•5ltrs¢)ui ii. 61.7&J IS9334 136AS0 -75.0 34.020 12 281 760 Church of Ireland St Mellan's Patsh Churth. A8hader& LQ￿hbrk￿L?nd Statement of Assets ￿MI Llabllltlts as at 315t De¢￿ber 2023 As at 3111212022 Tanglble assets Investments 376.481 37,976 414.457 376.481 36,725 413,206 Current Assets Cash at bank and In hand Due from otheT Parishes 183.318 159 183.477 25.035 Uèbllltles Credbtors 14 58.541 P4et curmt assets -32.942 Totsl assets lessafftnt IW>lllt1¢5 597 934 380,264 597.934 380.264 Note5 on pa8es 8 to 12 are an integral part of these fina￿[31 ststements. The finandal ststements on pages 6 to 7 were ¥pro¥ed ty the BOo￿ ofTrustees on 12th March 2024 and signed on its behalf by.. Rev Rodney Ma8ennts- Rertor Mr Raymond Fe8an- Tw$u￿r Church of Ireland L A¢wuntln8 powes The wtftdpal accountln8 ￿lItieS adopied, and key sources ofestimation un¢ertainty In the preparation of 18aslsof preparathn The flnancial Maiements have been prepared on a goin8 c¢MKem basts In accordance with AccoLtntlng and Reportlng by Charitles: Staiement of Re￿￿mended Practlce applkawe to charttles preparin8 thelr accounts In accordance with the Financial Reportin8 5tsndard applicable kn the UK and Repubk of Ireland {FRS 1021- (Charltle$ 50RP IFRS 10211, the Flnandal Reportlng Standard appllcable In the UK and Repubk of Ireland (FRS 1021. The Parlsh meets the deflnltlon of a public benefft eyitity under FRS 102. Awts and liabilitlts are Initially reco8nlsed at historiol cost and transattlon value unless otherwlse stated in the relthont accouniing pollcy notelsl. bl Prep2r•tlon ol xcounts ￿ a 8olb¥ ¢orKern l)• The Partsh generally meets Its day to day workln8 capltal requrementsfrom Its annual income. TheTru5tee5 have obtalned and remewed cash Ilow forecasts for the comingyear and based on ttr*se are satlsfied that the Parish has resources to provide a reasonable expectallon that It can contlnue to meet its finandal Obll8at￿nS a5 theff foll due for the foreseeabk future. Therefore these financial staiements have been p￿Pared on a going concern basis cl Income Income Is accounted for on a cash recelpts basbs a5 the amount is collected and are aXo(ated Is eItt￿r restrlcted or unrestricted funds accoKdin8 to the terrns of the donation. Expenditure 15 reco8nised on a cash payments ba4> e) TanWble assets The assets ol the Parlsh cornprise:. • Church bulldlng and graveyard Padsh hall • Glebe HI>u5e . 'Nffw' Rectory . Axlures and The Church Building and Ground5 are deenrd to be Herlta8e assets as defined by the Charltles SORP IFRS1021. These Herftage assets are not Induded on the balall￿ sheet as in1wnatk￿ on the cost ar valuation 15 not available and such Informatlon cannot be obtalned at a cost commensurate ¥Ath the benefft tothe users of the accounts and to the parish. The Parlsh hall wa5 buut In 1824125. There are no Telable rtttyds of thE Cl￿ of thls constwctionlacqulsitlon and valuatlon approach for swch Iwlldhw lat*s sufNcient rellability. Psa re5uK Ihls twiklire 15 not recognlsed In the parish statement ol a￿ts and Ilab115tle& The Glebe House is recoEnised at replacem•rt cost based oft the Insurance wa￿a￿)n prwlded on 31110J2018. The 'New' Reclory 15 45% of the a5 financed by the A8hader8 Partsh. Fixtures and Frttin85 ore recogn￿1 at (l￿t and are depreciated on a str*ht line bJsis OVEr a period of io years. Flxtures and fittings are deemed to be Heritage a&sets a5 defmed by the Charftie$ 50Rp IFRS1021. These fixtures and rittings are artefatts contalned within the Church bulldlng and thelr preserrdtlon and contilbutlon to culture are anollary to faith and other purp)5es. Heritage assets are nol Included In the statement of assets •Yl liabilitres as Informatlon on the c05t or valuatlon bs not avablable arml 5uth infonnation cannot be obtalned at a cost cornmensurate Church of Ireland A WOYttJ¥e DI Ihe An91¢￿rI c￿1￿11￿1>10￿p St Kldlan's hrlsh Churth. Lwahbrftkland fj Investments Fixed asset Investments comprtsir4 inVest￿t propertie% in¥estments In equltles and Investment In RCBICIT Unit Trusts are Inttially recorded at cost and ae then subsewently ststed at fair value at each year end date. 7he revalutlon surplvs or shwtlallls then ¥Kluded other Incom&y and Wng resources. 8) Cash and cash equlvalents Cash and cath equlvalents Indudes cash In h*xl. dwsits held at cal with bank5, othtr short-tffm hlghly Ibquld Inve5trnents wmh Ori￿nal maturities ofthree months or1È5s and bank (NYr(kaft& Bank o¥wdrafts are 5ho¥4n wlthtn Credltois Amounts fallir48 due within I year. hl fffiandal lnstrumehts The Parb5h only has fiTrancial assets and finandal Ilabllltle5 of ? klnd that quallfy a5 baslc ftnandal Instruments. Bè5iC nancial instruments are initially recogni5ed at tran5XtiDn wice and subsequently measured at thelr settlement value. Funds Funds are classified as wther restrlrted fund5 or UnTestricted funds. defmed as follows." Restrlcted funds are funds subject to spedfic wewirernents a5 to thdr use whlth may be dedored by the donor or with thelr authority or created throueh legal pr￿esSes. but stdl wtthkn the wlder obpcts of the Parlsh. Unrestrlcted fvnds are expendable at the discretlon of the (n￿teeS tn furtherance of ihe objetts ol the charlty. If parts of the unrestrlrted funds are earniarked ai the d15cretion of the trustees for a partloJlar purpose. they are deslgnated as a separate fund. Thi5 d￿18n￿l￿n has an adminlstrad4* ptsrpose ofily and doe5 not le801ty restrirt the trustees, dlsttetioll to apply the lun(L Estlmates andjudgments made In the Proce￿ of weparingthe fmandal statements are continually evaluated and are based on hlstorkal experipmce other factoi8 1nclurfi￿ ￿pe¢￿tIonS of future event5 that are belleved to be reasonable under ihe circuffl5tan￿ The Tn￿ee$ do not conslder that ihefe are any critical iudEments mède in applyingthe P?vish'5 arcountlng pollcles or that there are any crltiral accountln8 estlmates or assumptkJn5 whkh may a sythcant r15k of caus1￿3 maierial adjustment to carryiTh8 amounts of assets and liablllttes wlthln the next fiftanaal year. 3. Mo¥emeni In Fynds Incomlng At ljan 2023 Res￿r(e$ Resources At 31 De¢ 2023 Endovm*ht Fuftds The Florence Stewart Oequest The Thomas H 8rowne Bequest The Atymer Grattan Bequest The Harry Beamish Bequest 250 Inve5tmoTrt kn RCB Ger*eral UnltTntst Cash per Rev HW Lett Cash per Very Rev J Lefroy EH Lefroy Benefathon In memory Robert Hlll Grattan James & M•ry Geo8he8•1) Mem Futtd Kathleen Nelll Bequest Marqu15 of i)own5hlre donatlon Mary Wlnifred Bfo#m Bew Mrs H Lefroy Tntst Mrs M Mclntyre Bewest 570 17 io 25 587 318 851 4.899 4.255 826 4.755 125 282 16 9286 516 532 L799 1,853 85 Church of Ir land A wow.nce nflhe Ctrbn741nh>l Rev C Lett Bequest WG Dickson Bequest 826 851 1,131 33 In¥estrnents In QT Unlt 7n Arthur Hugh Ross Bequest ohn Ross 8equest Norah Hlll 8eque&t Ivllllam J Grant Mernorlal Sarah Wes Aemln8 Bequ45t Wllliam Geo8he8an Bequest Willlarn Geoghe8on 8equest James & 15aa£ Grattan Memotsl Archibald Grattan Bequest Moses Moorhead Donatlon Anonymous Donation James PAcA11I5ter Bequest A8nÈs J WhltÈ 8eque5t Jèmes Grattan Bequest James Devlin Bequest Wllllam 8rowne Mernorlal In Memoryjane Mehaffey MargaretJohnst(m Donatlon 1,784 41 67 73 14 933 1514 1.656 316 521 142 205 394 189 47 63 331 47 174 2,447 196 377 181 17 317 45 14 573 li 26 li 38.DG7 1.213 39,280 Aertrf¢t•d fvnds General Fun Fundralsln8 Fund Building Fund Third Party Collettlons Ladies Gulld Inv&tment Fuml 4,941 4.175 766 393 11.855 24 1,561 393 8,Q32 24 L542 3.763 19 nl Church Insuiance Bonu5 Church offl￿rS Comp051tlon Balan Parothlal Funds Portion of Glebe Equity for 1892 T￿nSfer from Oio¢e5an Stipend Fund 30 291 367 li 378 76 78 Parlshloners Part5hloner5 Par15hlone ic 211 iio 221 io 11.159 8.761 4.175 IS,745 Unre51rfded Funds General Fund Ladies Guild Catering Fund Ladies Gulld General Fund Ladies Gulld Cash Fund 10.867 524 L012 131 11534 257.616 104.379 164.104 494 1.601 69 166.269 951 159 362 221 Total Funds 61.760 268,701 109,167 221.294 Pa8• 10 Db Church of Ireland Southern Area Hospkè RBL Poppy Appeal Bishop's Appeal Sand5 Southem Area Ion Hand) 1575 81 1.482 511 95 143 50 24 3,162 799 The trustee Mfs Anne McCulbuKh recel¥ed e¥penS￿ of £1.311 for the of muskil ser¥lces as or8anlsi ofthe Partsh. Governance costs of£LXQ We￿ pakl durln8ihe year. Thls relates to fees pakl to the Independent Examlner. 7. thufch Runn1￿ Costs Ught and heat Church Insurance Water rates Graveyard expense5 Repairs and malntenafi SJthy 2,820 1,268 87 1,932 34] 1,922 3.556 225 9.983 2022 NIÉ Wayleave Gxaveyard fees In1Seu of flowers GIP4 ald Lidles. Gvlld mernber5hip fees Grants ￿ce￿ve￿ Mlsc amounts lodged Power Nl overpayment Word for Today 1.015 820 3.568 5.507 27 361 io 7,853 6,490 Pyii Church of Ireland 5t M•llan's P4rfth awTth. IwWthl&land 9. W•w and S•l•rfes Stlpend Coverduty Clergy pension fiind Organist Suppby oT8an15t Speakers- Ladles Gulld 16.640 12.151 260 4,742 1,265 69 20 18,507 5.482 1.311 lis 23,728 10. Share of Gl•bo 2022 Rates ftepalrs and malnteTrance Rent ofGlebe H￿j$e for Rev Magemts ReNDvattons to (lebe Houst 2315 589 1430 34020 36641 810 3125 11. Inveslrnent Income 2022 Church ol Ireland Trustee5 Divldend RCB Unlt Tiust Income Revaluatlon of RCB Unlt Trust Reyoluailon of CIT Unht Tnjst Scheme Incorne 274 793 303 760 411 234 2.5S2 224 1,287 De¥aluall¢X of RC8 Unlt Trusts IL0$51 De¥aluatlon of CIT Vnll Trusts ILossl -3,417 20 Glebe House New, Rectory 268.020 108.461 376,481 268.020 108.461 376.4BI 13. Investments 2023 2022 Investments In RCB ilnk TNsts Investments In cff Vnit Tru515 27,766 37,976 36,723 14. Credttors X12Z Bank loan balonce S8.S41 P•12