Urney Parish Trustees, Annual Report and Statement of Receipts and Payments and Assets and Liabilities For the year ended 31 December 2022 Reglstered Charfty in Northern Ireland [NIC105173]
Urney Parish Annual Report and Financlal Statements for the year ended 31 December 2022 Contents Page References and Adminlstrative Detsils of the Charity Trustees. Annual Report Independent Examiners Report to the Trustees Statement of Receipts and Payments Stotement of A55ets and Llabilities Notes to the Financial Statements 8-10
Urney Parish References and Admlnistrative Detsils Charlty Name: Urney Parish Charlty Re8lstrdtion Number= NIC105173 Registered Olfice: 112 Melmount Road. Sion Mills, Strabane. County Tyrone. BT82 9PY The Charity Trustees who served durin8 the year or who were Trustees at the date of this report were: Revjonathan McFarland Mr Archie Baird Mrs Hazel 83ird Mrs Olive Baird Mr Nigel Collins Mr John Crossle Mrs Celia Ferguson Mrs Lisa Hamilton Mr Robin Mccallan Mr Crawford Mccann Mr Derek Morrow Mr Ronald Patton Mrs Julie Anne Reid Mr William Steenson Prlndpal Office-bearer5 at the 31 December 2022 Clergy: Rev Jonathan McFarland Church Treasurer. Mr Ni8el Collins Church Warden- Clergy: Mr Derek Morrow Churth Warden- People: Mr Nigel Collins l Archie Baird Danske Bank, 5-7 Market Street. Oma8h. County Tyrone. BT78 IBN
Urney Parish Trustees. Annual Report for the year ended 31 December 2022 The Trustees. present their Annual Report and Statements of Receipts and Payments and Assets and Liabilities fr)r Urney Parish for the year ended 31 December 2022. Objertives and Artivlties The charitable purpose of the Church of Ireland is the advancement of religion. The principal funrtion of Urney Parish is to support the advancement of the Christian religion by promotin& 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 needin8 help are fundamental to the prattital delivery of the benefits of Christianity. As a result of activity in the pursuit of the advancement of the Christian religion. Urney Parish has custody of property and of record5. materials and artefacts of significance to the cultural and religious herita8e and maintenance of which is undertaken by the Select Vestry of Urney Parish. Achievement5. Perforrnan & Publlc Beneffts Urney Parish provides services of worship each Sunday at 8.30am and 10.CK)am in The Church of the Good Shepherd and 11.30am in Christ Church. Visitors are always welcome to join. Holy Communion sep4ices are held on the first and third Sunday of each month. and family service every second Sunday in which children are encouraged to participate through readings. praise. and prayers. Both Churches come together for special services at Easter. Harvest. and Christrnas. The Parish provides pastoral office as required for Baptisms. Weddings. Funerals and Confirmation. Pastoral care is provided throughout the year. The Parish offers a range of other activities either run directly by the church or through church or8anisations including Sundwi Club, Confirmation Preparation classes, and the 8owlin8 Club. The Parish Hall 15 used by various groups such as the Stouts and local 5POrts clubs. Whilst a number of fundraising events are organised by the Parish, the highlight each year is the Strawberry Fair in June which is enjoyed and well supported by the whole community. The Parish supports the work of local and global charities by making donations and/or holding special collections or events in respect of the same.
Urney Parish Trustees, Annual Report for the year ended 31 December 2022 {contSnued) Achievements. Perfornian & Public 8eneffts (cont6nued) Urney Parish has mitigated any potential harm from the activities through the Fmplementation of the Church of Ireland SafeguardingTrust Policy. The Parish has given careful consideration to the Charity Commission for Northern Ireland's guidance on public benefit to ensure that the attivities entered into during the year have helped to achieve the Parish's objectives and activities, as well as providing public benefit. The Trustee5 wish to acknowledge their deep appreciation of those who give freely of their time by servin8 on committees and helping with organisations and other church activitie5. Flnancial Review The Parlsh is a charitable or8anisation with their main source of income derivin8 from members. Freewill Offering5. Total donations received from Freewill Offerings in 2022 was £45.558 compared to £45.552 in the previous year. Income increased by £13,108 due to the retommencement of fundraising events followin8 the pandemic. Expenditure increased by £17.673 as church activities were back to pre-covid 19 levels. and an element of repairs work was carried out. Overall results for the year show a deficlt of £1,555 [2021: surplus of £3,010]. The Trustees, continue to monttor the level of reserves held by the Parish and are actively taking steps to increase the reserves in order to meet any unforeseen expenditure incurred. Golng 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 end 31 December 2022 can be signed off as a going concern. structure. Governance and Management Governin Document and Constitution o the Chari Chapter 111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The Select Vestry members are the Charity Trustees. Recruitment and A intment o Selert Vest rustees 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 rnembers 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 eleIOn to the Select Vestry. Meetings of the General Vestry are held at least once a year. The Select Vestry is elected as part of the General Vestry meetin& The Select Vestry will hold their positions for a period of one year. Select Vestry members may be rtrelected annually and there is no limit on the number of temis which may be served.
Urney Parish Trustees. annual report for the year ended 31 December 2022 (contlnued) Structure. Governance and Mana8emerrt (continued) onisationol Strurture The Selett Vestry Is responsible for the day to day management of the Parish. The Select Vestry consists of the clergy serving in the Parish. any 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 Selert Vestry 15 chaired by the cler8y. Select Vestry members are responsible for making decisions on matters of general concern and importance to the Parish includin8 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 2022 the Selert Vestry met nine times during the year and the average attendance wa5 58%. Com liance with Public Bene 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 artivities, as well as providing public benefit. ststement of Trustee< Re5ponslbilities 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. The Trustees are responsible for keeping accounting records that are sufficient to show and explain the Parish'5 transactions and disclose with reasonable accurary 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. This report was approved by the Trustees. and si8ned on its behalf by: Rvrf Jonathan McFarland Mr Nigel Collins ..22.11012023.............
Urney Parish Independent Examinerfs Report to the Trustee5 of Urney Parish for the year ended 31 December 2022 I report on the accounts of Urney Parish for the year ended 31 December 2022. which comprise the Statement of Receipts and Payments. Statement of Assets & Liabilities. and the related notes. Respectlve responslbilities of trustees and examlner The charity's trustees are responsible for the preparation of the accounts in accordance with Section 64(3) of the Charities Act (Northern Ireland) 2008. The charity's trustees consider that an audit is not required for this year under section 65121 of the Charities Act (Northern Ireland) 2008 (the Charities Art) and that an independent examination is needed. It is my responsibility to: examine the accounts under 5eciion 65 of the Charities Act (Northern Ireland)2008." to follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under sertion 65{911b) of the Charities Act; and to state whether particular matters have come to my attention. Basis of Independent examine¢s report My examination was carried out in accordance with the general Dirertions given by the Charity Commission for Northern Ireland. examination includes a review of the accounting record5 kept by the charity and a comparison of the account5 presented with those records. It also includes consideration of any unusual items or disclosures in the accounts. and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the next statement. Independent examinerfs statemerrt In connection with my examination. no matter has come to my attention: which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with sertion 63 of the Charities Act and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act 2008 have not been met. and 2 to which. in rny opinion. attention should be drawn in order to enable a proper understandin8 of the accounts to be reached. Name: Mr David Reid Addre55: 16 Castlemurray. Strabane, County Tyrone, BT82 9SH Date: ....
Urney Parish ststement of Reipts and Payments for the year ended 31 December 2022 Totsl 2022 Total 2021 fvnds funds funds Recelpt5 Donations and Plate Collection Proceeds from Fund Raisin8 Events Bank Interest Investment Income Rental of Premises and Equipment Other Receipts including Grants Bequest Total Receipts 51.941 15.720 115 1,682 952 52.893 15,720 115 1.682 56.214 105 128 1.926 1.500 14.261 5(X) 74,634 11.492 17.332 80.950 6.792 87.742 Payments Diocesan Costs / Assessment Church Runnin8 Costs Glebe Costs Parish Centre Costs Administration Costs Fundraising Costs Charitable Donations Payments from Parish Or8anisation's Other Expenditure Totsl Payments 58,188 13.653 5.720 1.689 476 2,642 58.188 13.653 5,720 1.689 476 2.642 56.492 7,855 3,900 254 380 1.352 323 121 82.812 545 6.061 89.Z97 1,391 71.624 Excess of Payments over Receipts for the year (1.862) 307 (1.555) 3,010 Transfer between funds Net movement in funds (1.862) 307 (1.555) 3,010 Recondllatlon of funds Total funds brou ht forward Totsl funds carrled forward 4.149 2,287 46.046 46.353 50,195 47,185 50.195 On behalf of the Trustees: Rev Jonathan McFa Mr Nigel Collins
Urney Parlsh ststement of Assets and Llabilities as at 31 December 2022 Unrestrlcted Restricted Endowment funds funds Funds Total 2022 Total 2021 Cash Funds Current Accounts Cash in Hand Total Cash Funds 2,287 46.353 49,455 740 2.287 46,353 50.195 Investment Assets Investments in RCB / CIT Unit Trusts 78,595 82.855 78.595 82.855 Assets retsined for the Parish's own use Glebe House Total A55ets retsined for the Parlsh'5 own use 404,210 404.210 404 210 404,210 Approved by the trustees, on ...... 28 J.10.1..2023 and signed on thelr behalf by: Rev Jonathan McFarl Mr Nigel Collins
Urney Parlsh Notes to the financial statements for the year ended 31 December 2022 Accounting polldes Set out below are the princlpal accounting policies which have been adopted in the compilation of the Receipts and Payments Atcount and the Statement of A55ets and Liabilities. Reipts and Payments Account All items of income and expenditure included within the Receipts and Payments Account have been accounted for on a cash receipt basis. Statement of Assets and Uabilltles Assets retolnedfvr the Porlsh's own use The assets of the Parish. retained for its own use comprise of Church Buildings and the Parish Hall. The Church Buildin85 are deemed to be heritage assets as defined by the Charities SORP (FRS1021. These heritage assets are not included in the Statement of Assets and Liabilitie5 as information on the cost or valuation is not w4ailable and such information cannot be obtained at a cost commensurate wtth the benefft to the usets of the accounts and to the Parish. The Parish Hall was built in 1889. There are no reliable records of the cost of this construction and valuation approach for such a building lacks sufficient reliability. As a result this building is not recognised in the Parish Statement of Assets and Liabil¢ties. The Glebe House is recognised at deemed cost. being the estimated falr value of the property at £404,210. No depreciation has been provided on the Glebe House as the current estimated residual value is not less than its carryin8 value and the remaining useful life currently exceeds 50 years. Investments Investments in RCB and CIT are initially recorded at cost and then are subsequently stated at fair value at each year end date.
Urney Parish Notes to the financlal statements for the year ended 31 December 2022 (continued) Accountln8 policies (continued) Fund Accountinz Funds are classified as either restricted funds or unrestrirted funds. which are defined as follows: Restrirted Funds Restrirted funds are funds subjert 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 objectives of the Parish. Unrestrlrted Funds Unrestricted funds are expendable at the discretion of the Trustees in furtherance of the objectives of the charity. If parts of the unrestrirted funds are earmarked at the discretion of the Trustees for a particular purpose. they are designated as a separate fund. The desi8nation has an administrative purpose only and does not legally restrict the Trustees, discretion to apply the funds. Endowment Funds Endowment funds are funds, the capital of which must be retained either permanently or at the Select Vestry's discretion: the income derived from the endowment is to be used either as restricted or unrestricted income fund5 depending upon the purpose for which the endowment was established in the first place. Preparatlon of accounts on a zoing concern basis The Parish generally meets its day to day working capital requirements from its annual income. The trustees 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 ststements have been prepared on a going concem basis. Recondllatlon of Cash Funds Total Totsl cash funds at beginning of the year Receipts for the year Pwiments for the year Totsl cash funds at end of the year 50.195 87.742 {89.297}
Urney Parlsh Notes to the financlal statements for the year ended 31 December 2022 (continued) Movement in Funds At31 Gain on December 2022 January Intomi Out8oi Re5trlcted Funds General Funds Total Re5trlcted Funds 46,046 6.792 6.792 16,485) (6.485) 46,353 46.353 Unrestrlcted funds General Funds Total Unrestrirted Funds 4,149 4.149 80.950 80,950 (82.812) {82.812) 2,287 2.287 Endowment funds Investment in RCB / CIT Totsl Endowment Funds 82.855 82.855 (4.260) (4.2601 78.595 78.595 Total funds 133.050 87,742 (89.297) (4.260) 127.235 Collections for Thlrd Pdrties 2022 2021 Bishops, Appeal Tyrone Protestant Orphan Society Poppy Appeal Bishop Speers 396 1,352 1,352 952 The above amounts have been included in Receipts for the year under Donation5 and Plate Collection. 5 Transactions wlth Trustee5 No Trustee received remuneration or reimbursement of expenses 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.