CHURCH OF IRELAND DIOCESE OF CLOGHER PARISH OF AGHALURCHER ST RONAN'S CHURCH COLEBROOKE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 CHAIUTY NUMBER: NIC 105365 HASSARD MCCLEMENTS LIMITED CHARTERED ACCOUNTANTS AND REGISTERED AUDITORS 32 EAST BRIDGE STREET ENNISKILLEN COUNTY FERMANAGH BT74 7BT
ST RONAN'S CHURCH COLEBROOKE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 CONTENTS References and Administrative Details Trustees, Annual Report Independent Examiner's Report to the Trustees Statement of Financial Activities Statement of Financial Position Statement of Cash Flows Notes to the Financial Statements 9-16
ST RONAN'S CHURCH COLEBROOKE REFERENCES AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2022 Charity Name: Brookeborough/Aghalurcher/Clogher/Church Of Ireland Charity Registration Number: NIC 105365 Contact Address: Colebrooke Rectory 8 Owenskerry Lane Killarbran Fivemiletown BT75 OSP Trustees Mr Oral Graydon Mr Christopher Gould Mr Brian Foster Mr Derek Johnston Mr Jonathan Dunn Mr Basil Little Rev John Mcclenaghan Mr John Carson (Resigned 2710412022) Mr Mervyn Downey (Resigned 2710412022) Mrs Violet Smith (Resigned 2710412022) Mrs Connie Moore (Appointed 2710412022) Mrs Irene Boyd Mr Robert Boyd Rt Hon. Viscount Brookeborough Mr Mark Granleese Mrs Jayne Crawford Principal Office-bearers Clergy: Church Treasurer: Church Secretary: Church Warden - Clergy: Church Warden - People". Glebe Warden - Clergy: Glebe Warden - People: Rev Canon John Mcclenaghan Mr Robert Robinson Mrs Connie Moore Mr Derek Johnston Mr Robert Boyd Mr Derek Johnston Mr Basil Little Independent Examiner Hassard Mcclements Limited 32 East Bridge Street Enniskillen County Fennanagh BT74 7BT Principal Bankers Danske Bank 24 Townhall Street Enniskillen County Fernianagh BT74 7BB
ST RONAN'S CHURCH COLEBROOKE TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 The trustees present the annual report and financial statements for St Ronan's Church for the year ended 31 December 2022. Objectives and Activities The charitable pu4)ose of the Church of Ireland is the advancement of religion. The principal function of St Ronan's 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 is 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 Parish has custody of a large body 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 Parish. Achievements, Performance and Public BenefIt The Parish holds public worship at a variety of services each week throughout the church year - Holy Communion, Morning Prayer, Baptisms, Matriages and Funerals. There are services focusing on Advent, Christmas, Lent, Easter, Harvest etc. The purpose of our charitable fundraising is not only for our own costs, but also for a variety of needs (see attached donations). This is a tangible demonstration of our mission and outreach. At all times we keep in mind our Safe Guarding Trust policy, Heath and Safety requirements and regulations. The Parish has given careful consideration to the Charity Comrnission 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. Financial Review For the financial year ended 31 December 2022. there was an overall deficit of £(6,745), whkch incoryorated a defIcit under unrestricted funds of £(2,424), a deficit in restricted funds of £(4,300) and a deficit of £(21) under endowment funds. 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 Paiish can continue its activities and the financial statements for the year ended 31 December 2022 can be signed off as a going concern. Structure, Governance and Management Goveriiing Document and Coiislilulioii of tlie Cliarity Chapter III of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The Select Vestry members are the Charity Trustees.
ST RONAN'S CHURCH COLEBROOKE TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 Reeruilmenl aiidAppoinlment of ilie Seleel Veslry (Trustees) All members of the Church of Ireland who are over the age of 18, 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 votc at meetings of the General Vestry and to stand for election to the Select Vestry. 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 tenns which may be served. Orgaiiisalional Slruclure The Select Vestry is responsible for the day-to-day management of the Parish. The Select Vestry consists of members 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 Select Vestry is chaired by the incumbent or other member of the clergy officiating in the Parish. Select Vesty members are responsible for making decisions on matters of general concern 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 time by the Chairperson or the Churchwardens. In 2022 the Select Vestry met 7 times during the year and the average attendance was 60 /0. Slalemeiil of Truslees, Responsibililies The trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and regulations. The law applicable to charities in Northern Ireland requires the trustees to prepare financial statements for each financial year. Under that law the trustees have prepared the financial statements in accordance with generally accepted accounting practice in the United Kingdom (accounting standards issued by the Financial Reporting Council in the UK, including Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of treland (FRS 102) and promulgated by the Institute of Chartered Accountants in the United Kingdom and United Kingdom Law). Under that law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of the affairs of the charity and of the statement of financial activities of the charity for that period. In preparing these financial statements, the trustees are required to- select suitable accounttng policies and then apply them consistently. make judgements and estimates that are reasonable and prudent. state whether the fjnancial statements have been prepared in accordance with applicable Accounting standards and identify the standards in question, subject to any material departures being disclosed and explained in the financial statements. and
ST RONAN'S CHURCH COLEBROOKE TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Parish will continue as a going concem. 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 financial position of the Parish and enable them to ensure that the financial statements comply with the Charities Act (Northern Ireland) 2008, the Charities Act (Northern Ireland) 2013, the Charity (Accounts and Reports) Regulations (Northern Ireland) 2015 and the provision of the Constitution of the Church of Ireland. 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. Statement as to disclosure to our independent examiner In so far as the trustees are aware at the time of approving out trustees, annual report: - there is no relevant infonnation of which the charity's examiner is unaware. and the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant infonnation and to establish that the charity's examiner Ès aware of that inforniation. Independent Examiner The independent examiner, Hassard Mcclements Limited have indicated their willingness to continue in office, and a resolution concerning their reappointment will be proposed at the Annual Easter Vestry Meeting. Signed on Behalf of the Trustees Reverend John Mcclenaghan Mr Derek Johnston Date: 2] LOL3
INDEPENDENT EXAMINER'S REPORT TO THE CHARITY TRUSTEES OF ST RONAN'S CHURCH OF IRELAND We report on the accounts of St Ronan's church for the year ended 31 December 2022, which are set out on pages 6 - 16. 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, the Charities Act (Northern Ireland) 2013 and the Charities (Accounts and Reports) Regulations (Northern Ireland) 2015. The Charity's trustees considers that an audit is not required for this year under section 65(2) of the Charities Act (Northern Ireland) 2008 and that an independent examination is needed. The charity is preparing accrual accounts. It is our Examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008. Follow the procedures laid down in the general Directions given by the Charity. Comjnission for Northern Ireland under section 65(9)(b) of the Charities Act (Northern Ireland) 2008. and State whether particular matters have come to our attention. Basis of independent examiner's report We have examined your charity accounts as required under section 65 of the Charities Act (Northern Ireland 2008) and our 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 (Northern Ireland 2008). Our examination included a review of the accounting records kept by the charity and 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. Our role is to state whether any material matters have come to our attention giving us cause to beIieve: l. That accounting records were not kept in accordance with section 63 of the Charities Act (Northern Ireland) 2008, 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 (Northern Ireland) 2008. and 4. That there is further inforniation needed for a proper understanding of the accounts to be reached. Independent examiner's statement We have completed our examination and have no concerns in respect of the matters (l) to (4) listed above, and, in connection with following the Directions of the Charity Commission for Northern Irela , we have found no matter at require drawing to your attention. Hassard Mcclements L ited Chartered Accountants and Registered Auditors 32 East Bridge Street Enniskillen County Fermanagh BT74 7BT Date: L3i£IL3
ST RONAN'S CHURCH COLEBROOKE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022 Unrestricted Restricted Endowment Funds Funds Funds 2022 2022 Tot21 2022 Total Note 2022 2021 Income Donations and legacies Other trading activities Investments Charitable activities Other income Total Income 42,750 15,202 2,091 5,669 2,762 190 45.512 15.392 2,096 5,669 44,438 10,418 1,182 5.838 685 62,561 65,712 2,957 68.669 enditure on: Generating funds Charitable activities Other costs Total Ex (290) (62.019) {7,244) (69,553) (290) (63,781) (59,093) (7.629) (4,908) {71,700) {64.001) (1,762) (385) (2,147) enditure Net income l (expenditure) before transfers (3841) 810 (3,031) (1,440) Transfers between funds 660 (667) Net income l (expenditure) before other recognised gain5 and losses (3,181) 143 (3,031) (1,440) Gainsl{Losses) on investment assets 757 (4,443) (28) (3,714) 9,251 Net movement in funds (2,424) (4,300) (21) (6,745) 7,811 Reconciliation of funds: Total funds brought forward 611,439 68,377 225,665 905.481 897,670 Total fund5 carried forward 609,015 64,077 225.644 898,736 905,481
ST RONAN'S CHURCH COLEBROOKE STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2022 Note 2022 2021 Fixed Assets Tangible fixed assets Investments Total Fixed Assets 671.311 71.179 742.490 671,311 74,892 746.203 12 Current Assets Debtors Cash and cash equivalents Total Current A55ets 13 15,914 142,895 158.809 16,683 144,503 161,186 Current Liabilities Creditors - amounts falling due within one year Total Creditors 14 2.563 2,563 1,908 1,908 Net Current Assets 156,246 159.278 Total Net Assets 898.736 905,481 The Fund5 of the Parish Unrestricted Funds Restricted Funds Endowment Funds Total Charity Funds 17 609.015 64,077 225,644 898.736 611.439 68,377 225,665 905.481 17 17 The notes on pages 9 to 16 are an integral part of these financial statements. The financial statements on pages 6 to 8 were approved by the Board of Trustees on li and signed on its behalf by- Reverend John Mcclenaghan Mr Derek Johnston
ST RONAN'S CHURCH COLEBROOKE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2022 Note 2022 2021 Cash flows from operating activities: (3,031) (1.440) Net cash provided by (used in) operating activities 19 1,423 {1,915) Change in cash and cash equivalents in the reporting period (1,608) (3.355) Cash and cash equivalents at the beginning of the reporting period 144,503 147,858 Cash 2nd cash equivalents at the end of the reporting period 20 142.895 144.503
ST RONAN'S CHURCH COLEBROOKE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 l. Aecounting policies The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows: a) Basis of preparation The financial statements have been prepared on a going concern basis in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordan¢e with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The Parish meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost and transaction value unless otherwise stated in the relevant accounting policy note{s). b) Preparation of accounts on a going concern ba515 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 flnancial obligations as they fall due for the foreseeable future. Therefore, these financial statements have been prepared on a goÈng concern basis. c) Income Plate collections, weekly envelopes and graveyard income are accounted for on an accruals basis. Income arising from the rental of Parish Centre facilities to third parties is recognised when the parish has enlitlement to the funds, any perforn)ance conditions attached to the income have been met, it is probable that the incom¢ will be received and the amount can be measured reliably. Income from government and other grants. whether 'capital' grants or 'revenue' grants. is recognised when the charity has entitlement to the funds, any perforn]ance conditions attached to the grants have been met, it is probable ihat the income will be received and the amount can be measured reliably and is not deferred Donations and gifts-in-kind are brought into the accounts at their fair value to the Parish. d) Expenditure Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third paty, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
ST RONAN'S CHURCH COLEBROOKE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 e) Tangible assets The assets of the Parish comprise: - Church Building and Graveyard Parish Centre - Glebe House - Fann and Bungalow The Church Building and Graveyard are deemed to be Heritage assets as defined by the Charities SORP (FRS 102). These Heritage assets are not included in the statement of assets and liabilities as inforniation on the cost or valuation is not available and such infornmtion cannot be obtained at a cost commensurate with the benefit to the users of the accounts and to the parish. The Parish Centre is recognised at insurance value, as provided by A J Gallagher. No depreciation has been provided on the Parish Hall as the current estimated residual value is not less than its carrying value and the remaining useful life Currently exceeds 50 years. The Glebe House is recognised at deemed Cost, being the capital value of the property at l April 2017. No depreciation has been provided on the glebe house as the current estimated residual value is not less than its carrying value and the remaining useful life Currently exceeds 50 years. The Farn) and Bungalow is recognised at value on the date of transfer. Tangible assets are derecognised on disposal or when no fijture economic benefits are expected. On disposal. the difference between the disposal proceeds and the carrying amount is recognised in the statement of financial activities and included in 'Other operating (losses)/gains'. Investments Fixed asset investments are initially recorded at cost and then subsequently stated at fair value at each balance sheet date. Investments in unquoted investments are recorded at Cost and are assessed annually for impainnent. Unrealised gains and losses represent the difference between the fair value at the beginning and end of the financial year or, if purchased in the year. the difference between cost and fair value at the end of the year. Realised gains and losses represent the difference between the proceeds on disposal and the fair value at the start of the year or cost if purchased in the year. Both realised and unrealised gains and losses in investments are reported within "Gains / (Losses) on Investments within the Statement of Financial Activities. g) Cash and cash equivalents Cash and cash equivalents includes cash in hand, deposits held at call with banks and bank overdrafts. h) Financial instruments The Parish only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction price and subsequently measured at their settlement value. io
ST RONAN'S CHURCH COLEBROOKE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 fi) Funds Funds are classified as either restricted funds or unrestricted funds. defined as follow5. 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 ndS which have been given on the condition that the original capital sum is not reduced, but the incoTne there from is used for the purpose defined in accordance with the objects of the Parish. Unrestricited fund5 are expendable at the discretion of the trustees in furtherance of the objects of the Charity. 2. Critical accounting judgements and estimation uncertainty Estimates and judgements made in the process of preparing the financial statement5 are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The Trustees do not consider that there are any critical judgements made in applying the Parish's accounting policies or that there are any critical accounting estimates 01 assumptions which may have a significant risk of causing a material adjustment to carrying amounts of assets and liabilities within the next financial year. 3. Donations and legacies Unrestricted Restricted Funds Funds 2022 2022 Tot21 Total 2022 2021 Plate collections Weekly envelopes / FWO Tax recovered on donations Donations for charities Grants Legacy Other 3.648 29,768 6,354 3,648 29,768 6.354 1.762 500 1,000 2,480 45,512 3,370 28.417 6.636 495 1,762 500 1.000 3,040 2,480 44,438 2,480 42.750 2,762 4. Other trading activities Unrestricted Restricted Funds Funds 2022 2022 Endowment Funds 2022 Total 2022 Total 2021 Rentals from Parish Centre Rentals from Farni and Bungalow Special Fundraising Other loo loo 10,402 4,345 355 15,202 10,402 4.345 545 15.392 10,418 190 190 10,418
ST RONAN'S CHURCH COLEBROOKE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 5. Investments Unrestricted Restricted Endowment Funds 2022 Funds 2022 Funds 2022 Total Total 2022 2021 Bank interest Investment income 12 2,084 2,096 17 1,165 1.182 2,080 2,091 6. Charitable aetivitie5 Unrestricted Restricted Funds Fund5 2022 Total Total 2021 2022 2022 Magazine and Church of Ireland Gazette Income Grave Yard Income 391 5,278 5,669 391 5,278 5,669 172 5,666 5,838 7. Analysis of expenditure Unrestricted Restricted Funds Funds 2022 Total 2022 Total 2021 2022 Generating Fund5 Fundraising costs 290 290 290 290 Charitable Activities Diocesan costs/assessment Church costs Glebe costs Parish centre costs Graveyard costs Charitable donations Administration costs 39,210 6,518 5.668 3,064 4,665 1.800 1.094 62,019 39,210 6,518 5,668 3,064 4,665 3,562 1,094 63.78E 37,503 5,314 6,386 1.795 4,895 2,610 590 59,093 1,762 1,762 Other Costs Sunday school expenses Diocesan and Church of Ireland Gazette magazines Sundry costs Bank charges Property costs (Farn) and Bungalow) Cooneen parish Mothers union 517 517 488 3,668 248 2.637 71 356 488 3,343 188 2,637 71 236 1,680 244 325 60 2.392 7.244 385 7,629 4,908 12
ST ROINAN'S CHURCH COLEBROOKE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Governance costs of £1290 were incurred during the year of which £1290 relates to independent examiner fees. Governance costs are included within Sundry costs above. 8. Gain l (Loss) on Investment Assets 2022 2021 Unrealised gains / (losses) on investments (3,714) 9,251 9. Taxation St Ronan's Church is recognised as a charity for the pUose of applicable taxation legislation and is therefore not subject to taxation on its charitable activities. 10. Analysis of trustee remuneration and expenses Key management are deemed to comprise the Trustees. The parish paid expenses of £6301 relatÉng to the running costs of the glebe house which is occupied by the rector. No trustee received any 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. I l. Tangible fixed asset5 Parish Glebe Farm & Bungalow Centre House Total Cost At beginning of year Additions At end of the year 271,311 175,000 225.000 671,311 271,311 175,000 225.000 671,311 Net book value at beginning of the year Net book value at end of the year 271,311 271.311 175,000 175,000 225,000 225,000 671,311 671.311 12. Investments Listed Other Investments Investments Total Balance at beginning of the year Additions during the year Disposals during the year Fair value gain l (loss) on investments Balance at end of the year 3,358 71.534 74,892 1.467 4.825 (5,180) 66,354 (3.713) 71.179 13
ST RONAN'S CHURCH COLEBROOKE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Listed Investments Investments Other Total Analysis of Investments Other Listed Investments Investments in RB Unit Tnts Other unlisted investments 4,825 4,825 65,991 363 71.179 65,991 363 66,354 4,825 13. Debtors 2022 2021 Sundry debtors 15,914 16,683 14. Creditors Amounts due within l year 2022 2021 Accruals and other creditors 2,563 1,908 15. Financial instruments The church has the following financial instrnments: 2022 2021 Loans and receivables held at amortised cost Cash and cash equivalents Sundry debtors 142.895 15,914 158,809 144.503 16,683 161.186 Financial liabilities measured at amortlsed cost Accruals and other CTeditors 2,563 2,563 1,908 1,908 16. Analysis of Net Assets among Funds Unrestricted Restricted Endowment Total Fixed Assets Investments Current Assets Current Liabilities Net a55ets at 31 December 2022 446,311 13.952 150.712 (1,958) 609,017 225.000 196 671,311 71,179 158,809 (2,563) 898,736 57.031 7.647 (605) 64.073 450 225,646 14
ST RONAN'S CHURCH COLEBROOKE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 17. Fund5 of the Parish Gains I (1055es) on investment At 1.01.2022 Income Expenditure Transfers asset At 31.12.2022 Endowment funds Farni and Bungalow Fund Sylvia Mulholland Fund 225,000 665 225,665 225,000 644 225,644 (28) (28) Restricted funds Investment Fund Charity Fund Catering Fund Bowling Club Fund 66,448 1,004 1,762 (4.443) 63,009 (1,762) (28) (357) 695 1,234 (667) 191 1,068 68,377 2.957 {2.147) (667) (4,443) 64,077 Unrestricted funds Cemetery Fund Friends Fund General Fund 24,609 97.810 489.020 5648 (5,423) (5,007) (59,123) 200 25,034 96,546 487,435 2966 57098 20 757 440 611.439 65712 (69.553) 660 757 609.015 Total funds 905.481 68669 (71,700) (3.714) 898,736 oses of Endowment Fund5 Fam) and Bungalow Fund: This is an ¢state bequeathed on the ba51S to be never sold lo a third party and the house and land lo be let and the income can be used for any purpose needed by the church. - The Sylvia Mulholland Fund: Thi5 is a Fund to be used for the upkeep and repair of the Mulholland grdve. Please note only material fijnds are disclosed. 18. Collection for Third Parties 2022 Bishops Appeal Bishops Appeal - Ukraine Royal British Legion Poppy Appeal Clogher Diocese District Loyal Orange Lodge 605 300 367 345 145 1,762 15
ST RONAN'S CHURCH COLEBROOKE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 19. Reconciliation of net income l (expenditure) to cash flow from operating activities 2022 2021 Net income l (expenditure) for the reporting period (as per the statement of rinancial activities Adjustments for: {Increase)/de¢rease in debtors Increasel(decrease) in creditors Trimble Estate Net cash provided by (used in) operating activitie5 768 (1.492) (423) 655 1.423 (E.915) 20. Analysis of cash and cash equivalents 2022 2020 Cash in hand Notice deposits {less than 30 days) Total cash and cash equivalents 142.895 142,895 144,503 144,503 16