2024-12-31-accounts

Urney Parish Trustees, Annual Report and Statement of Receipts of Payments and Assets and Liabilities For the year ended 31 December 2024 Registered Charity in Northern Ireland [NIC105173]

Urney Parish Annual R•port and Financial Statements for the year ended 31 December 2024 Contsnts Page Referen￿S and Administrative Details of the Charity Trustees, Annual Report Independent Examiners Report to the Trustees Statement of Re￿ipts and Payments Statement of Assets and Liabilities Notes to the Financial Ststements 8-10

Urney Parish Refornnc•g and Administrative Detsils Charity Name: Urney Parlsh Charity Registration Number: NIC105173 Registered Office: 112 Melmount Road, Sion Mills, Strabane, County Tyrone, BT82 9PY Trustees The Charity Trustees who served during the year or who were Trustees at the date of this report were: Rev Jonathan McFarfand Mr Archie Baird Mrs Olive Baird Mr Richard Baird Mr Nigel Collins Mr John Crossle [resigned 29th April 2025] Mr lan Donnell Mrs Celia Ferguson Mr Robert Freebome Mrs Lisa Hamilton Mr Crawford Mccann [appointed 29th April 2025] Mrs Esme McGerrigle [appointed 29th April 2025] Mrs Jacqueline Moore [res￿ned 29th April 2025] Mr Ronald Patton Mrs Julie Anne Reid Mrs Anne Speers Principal office4Jaarers at the 31 December 2024 Clergy: Rev Jonathan McFarfand Church Treasurer: Mr Nigel Collins Church Warden- Clergy: Mr Ronald Patton l Mrs OINe Baird ChurGh Warden- People: Mr lan Donnell Bankers Danske Bank, 5-7 Martet street, Omagh, County Tyrone, BT78 1 BN

Urney Parlsh Trustees, Annual Report for the year ended 31 Doe•mbor 2024 The Trustees, present their Annual Report and Ststements of Receipts and Payments and Assets and Liabilities for Umey Parish for the year ended 31 December 2024. Objectives and Activities The charitable purpose of the Church of Ireland is the advan￿rnent of religion. The principal function of Umey Parish is to support the advan￿ment 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 fvndamental to the practical delivery of the benefits of Christianity. As a result of the activity In the pursuit of the advancement of the Christian ieligion, Urney Parish has custody of propety 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 Umey Parish. Achievements, Perfomiance and Public Benefits Umey Parish holds regular worship services every SurKlay at 8:30am and 10:00am in The Church of the Good Shepherd, and at 11:30am in Christ Church. All vi8itor3 are wamily welcomed to attend. Holy Communion is celebrated on the first and third Sundays of each month, while a family service is conducted on the second Sunday, encouraging children to participate through readings, praise, and prayers. Both churches unite for special ServI￿S at Easter, Harvest, and Christmas. The Parish also provides pastoral ServI￿S as required for baptisms, weddings, funerals, and confinnations. and offers pastoral care throughout the year. In addition to worship. the Parish organises a variety of activities, either directly or through affiliated church organisations. These include the Sunday Club, confirmation preparation classes, Cafe Hope, and the Bowling Club. While the Parish hosts several fundraising events annually, the highlight is the Strawberry Fair held each June. which is a much-anticipated occasion. well supported and enjoyed by the entire community. The Parish supports the work of local and global charrties by making donations andlor holding special collections or events in respect of the same. Umey Parish has mitigated any potential harm from the activities through the implementation of the Church of Ireland Safeguarding Trust Policy. The Parish has given careful consideration to the Charity Commission for Northem Ireland's guidance on public benefft 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.

Urney Parish Tru8t008' Annual Roport for the yèar ended 31 December 2024 Achievements. Perfomiance and Public Benefits (continued) The Trustees which to acknowledge their deep appreciation of those who give freely of their time by Serving on committees and helping with organisations and other church activities. Financial Review The Parish is a registered charitable organisation, with its principal source of income derived from members, freewill offerings. Total donations from freewill offerings in 2024 were £49,799, compared to £41.150 in the previous year. Overall income rose by £30,516, primarily due to gift aid and increased freewill offerings. Expenditure decreased by £ 25,634, largely as a result of the timing of assessment payments. Consequently, the Parish reported a surplus of £22,141 for the year, Gompared to a deficit of £34,009 in 2023. The Trustees, continue to monitor the level of reserves held by the Parish and are actively taking steps to increase the reseNe8 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 Pla￿ to ensure that the Parish can continue its activities and the financial statements for the year ended 31 December 2024 can be signed off as a going COn￿M. Structure, Govemanco and Management Govemin Document and Constitution of the Chari Chapter 111 of the Constitution of the Church of Ireland govems Parishes and Parochial Organisation. The Select Vestry members are the Charity Trustees. Recruitment andA intment of Select Vest All membe[5 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 rn￿tingS of the General Vestry and to stsnd for election to the Select Vestry. Meetings of the General Vesty are held at least On￿ a year. The Select Vestry will hold their positions for a period of one year. Select Vestry members may be re-elected annually and the￿ is no limit on the number of terms which may be served.

Umey Parish Trust•e8' Annual Report for tho y•ar ended 31 December 2024 Structure. Govemance and Management (continued) anisational Stnjcture The Select Vestry is responsible for the day to day management of the Parish. The Select Vestry consists of the dergy serving in the Parish. any curate assistsnt, the churchwardens, the glebe wardens and generally not more than twelve other members of the general vestry elected at the General Vesty. The Select Vestry is chaired by the Glergy. Select Vestry members are responsible for making decisions on matters of general con￿rn 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 tlme by the Chal￿erson or the churchwardens. In 2024 the Select Vestry met eight times and the average attendance was 710/0. Com liance with Public Benefft The Parish has given Gareful consideration to the Charity Commission for Northem Ireland's guidance on public benefft 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 benefft. Statement of Trustees. Responsibilities The Trustees are responsible for preparing the Trustees. Report and the Statement of Re￿Ipts and Payments and Statement of Assets and Liabilities in accordance with applicable law and regulations. The law applicable to charities in Northem Ireland with inccxne of less than £250,000 requires the Trustees to prepare a Statement of R￿ipts 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's transactions and disclose with reasonable accuracy at any time the asset5 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 signed on its behalf by: Rev Jonathan McFariand Mr N￿e1 Collins .29101./.oo.25.....

Urney Parish Independent Examiners Report to the Trustees of Umoy Parish for the yoar ended 31 December 2024 I report on the accounts of Umey Parish for the year ended 31 December 2024, wh comprise the statement of financial activities (Receipts and Payments Account), statement of assets and liabilities and the related notes. Respective responslbilities of trustses and examlner As the charity's trustees you are responsible for the preparation of the accounts in accordance with Section 64(3) of the Charities Act (Northern Ireland) 2008. The charity's tru8tee8 con8ider that an audit 18 not required for this year under Section 65(2) of the Charities Act (Northem Ireland) 2008 (the Charities Act) and that an independent examination is needed. It is my responsibility to: examine the accounts under section 65 of the Charities Act; to follow the procedures laid down in the general Directions given by the Charty Commission for Northem Ireland under section 65(9)(b) of the Charities Act; and to state whether particular matters have come to my attention. Basis of ind8p8nd8nt examinorfs r@port I have examined your charty 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 Northem Ireland under section 65(9)(b) of the Charities Act. The examination included a ieview of the aC￿Unting records kept by the charity and a comparison of the accounts presented with those records. It also induded consideration of any unusual items or disclosures in the accounts. and seeking explanations from the trustees con￿mIng any such matters. My role is to state whether any matenal matters have come to my attentson giving me cause to believe: 1. That accounting records were not kept in accordance with section 63 of the Charities Act That the accounts do not accord with those ac£ounting re￿rdS 3. That the accounts do not comply with the accounting requirements of the Charities Act 4. That there is further InfoMiat￿n needed for a proper understsnding of the accounts to be reached. I have completed my examination and have no cOn￿mS in respect of the matters (1) to {4) listed above and, in connection with following the Directions of the Charity Commission for Northem Ireland, I have found no matters that require drawing to your attention. Namè: Address: i E) CtBfLLM LLA2￿>¥ S-Rp(IkhaL S-SL 98H Date: .. £}.:.i.o.-..i.s-.

Urney Parish Statement of Financial Activity (Receipts and Payments Account) for the year ended 31 DeGember 2024 Unrestricted Restricted Funds Funds Total 2024 Totsl 2023 Receipts Donations and Plate Collection Proceeds from Fundraising Events Bank Interest Investment Income Other Re￿Ipts includlng Grants Bequest Total receipts 76,975 10,486 47 1,840 1,417 76,975 12.471 47 45,385 11,971 56 1,714 4,254 1.985 1,146 2,563 90.765 3,131 93,896 63,380 Payments Diocesan Costs IAssessment Church Running Costs Glebe Costs Parish Centre Costs Administration Costs Fundraising Costs Charitable Donations Payments from Parlsh Organisations Other Expenditure Total payments 43.930 13.322 6,741 674 488 1,620 500 373 43,930 13.322 6,741 1,257 63,423 15,249 8,511 1,012 481 4,407 1,300 418 2,588 97,389 583 1,985 3,605 500 373 1.539 71,755 1,539 67,648 4.107 Excess of Receipts over Payments I (Payments over Receipts) for the year Transfer between funds 23.117 (976) 22,141 (34,009) 10.051 (10,051) Nat movement in funds 33,168 (11,027) 22,141 (34,009) Reconciliation of funds Totsl funds brought fO￿ard Total fundg carri•d forward (30.683) 2.485 45,314 34,287 14,631 36.772 48,640 14,631 On behalf of the Trustees: Rev Jonathan McFarland Mr Nigel Collins

Urney Parish 8tat•m•nt of Assets and Liabilitie3 at 31 Dec•mb•r 2024 UnrestriGted Re?tri¢ted Funds Funds Total 2024 Total 2023 Cash Funds Current Accounts Cash in Hand 2,485 34.287 36,772 14.631 Total Cash Funds 34,287 36,772 14,631 Investment Assets Investments in RCB I CIT Unit Trust 85.081 80,253 Total Investment Assets 85.081 80.253 Assets retalned for the Pari8h'8 own use Glebe House 404,210 404,210 404,210 404,210 Approved by the trustees on the 29th April 2025 and signed on their behalf: Rev Jonathan McFarland Mr Nigel Collins

Urney Parish Notss to the financlal statements for the year ended 31 December 2024 Accounting Policies Set out below are the principal accounbng policies which have been adopted in the compilation of the Re￿IPtS and Payments Account and the Statement of Assets and Liabilities. 1.1 Receipts and Payments Account All items of income and expenditure included within the Re￿Ipts and Payments Account have been accounted for on a cash re￿Ipt basis. 1.2 Statement of Assets and Liabilities Assets tptained for the Paiysh's own use The assets of the Parish, retained for its own use comprise of Church Buildings and the Parish Hall. The ChurGh Buildings are deemed to be heritsge 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 benefft to the users of the accounts and to the Parish. The Parish Hall was buift in 1889. There are no reliable records of the cost of this construction and valuation approach for such a building lacks sufficient reliabilty. As a result this building is not recognised in the Parish Statement of Assets and Liabilities. The Glebe House is recognised at deemed cost. being the estimated fair 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 carrying value and the [￿aIning useful life currently exGeeds 50 years. 1.3 Investments Investments in RCB and CIT are initialty recorded at cost and then are subsequently stated at fair value at each year end date.

Umey Parish Notes to the financial statem8nt8 fi)r tha year ended 31 December 2024 (continued) 1.4 Fund Accounting Funds are classified as either restricted funds or unrestncted funds, which are defined as follows: Restricted Funds Restricted funds are funds subject to specific requirements as to their use which may be declared by the donor or with their authorty or created through legal pro￿sses, but still within the wider objectives of the Parlsh. Un tricted Funds Unrestricted funds are expendable at the discretion of the Trustees in fvrtherance of the objectNes of the charity. If parts of the unrestricted funds are earmarked at the discretion of the Trustees for a particular purpose, they are deS￿nated as a separate fund. The designation has an administrative purpose only and does not legalty restn.ct the Trustees, discretion to apply the funds. Endowment Funds Endowment fvnds are funds, the capital of whlch must be retained either permanently or at the Select Vestry's discretion; the income derived from the endowment 15 to be used either as restricted or unrestricted income funds depending upon the purpose for which the endowment was established in the first pla￿. 1.S Preparation of accounts on a going GonGern basls The Parish generally meets its day to day working capital requirements from its annual income. The trustees are satisfied that the Parish has resour￿ 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 con￿rn basis. Reconciliation of Cash Funds Total Total cash funds at beginning of the year Receipts for the year Pay.ments for the ear Totsl cash funds at end of thé year 14,631 93,896 71,755 36,772

Urney Parish Notes to the finanGial Statements for the year ended 31 December 2024 (contlnued) Mov8m8nt in Funds At1 At31 January Incoming Outgolng Galn on December 2024 Resources Resources Transfers Investments 2024 Restricted Funds General Funds Total Restricted Funds 45,314 45,314 3,131 3,131 4,107 10,051 (4,107) (10,051) 34,287 34,287 Unrestrictod Funds General Funds 30,683 Total Unrestricted Fund3 (30,683) 90,765 67,648 90.765 (67.648) 2,485 2,485 10,051 Endowment Funds Investment in RCB I CIT Total Endowment Funds 80,253 80,253 4,828 4,828 85.081 85,081 Total Funds 94,884 93.896 (71.755) 4.828 121.853 Collactions for Third Parties 2024 2023 Tyrone Protestsnt Orphan Society 112 The above amounts have been included in Receipts for the year under Donations and Plate Collection. Transactions with Trustees No Trustee re￿iVed remuneratson or reimbursement of expenses dunng 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. 10