Llsbellaw wlth Coolbuck Church of Irel nd Trust es. Annual Re ort and Statement of Recel ts and Pa ents and Assets and Llabllltles For the ear ended 31 Decemb•r 2022 Charltle5 Number: 105418 Ll bellaw wlth Coolbuck Church of Ireland Annual nd financi ntsf rthe ear ended 31 Dec mber 202 Contents Pè8es References and a ministrative details Trustees, Annual eport Independent Exa iner5, Report to the Trustees Recelpts and Pav ent5 Account Statement of Ass s and Liabilities Notes to the finan ial statements 8-10 Lisbellaw wlth Coolbutk Chur¢h of Ireland References nd adminlstrative details For the ear ended 31 December 2022 Charity Name.. Lisbellaw with Coolbuck Church of Ireland Charity Registratlo Number.. 105418 Contart Address.. The Rectory Faughard Lisbellaw County Fermana8h BT94 SES Trustees Charles Barr Robert Dane Revd. William Jeffr Stephen Nicholl Ronald Siubbs Lee Bea¢tsrn John Gordon Rodney Johnston Ann Orr Gary Black Jean Graham Ellzabeth Kingston Jeffrèy Reynolds Frances Boyd Lizzy Hog8 Harrlett Klrkpatrick Sadie Speight Prlnclpal Offlce*e rers Church Secretary.. Church Treasurer.. Church Warden- Cl Church Warden - P arriett Kirkpatrlck ary Black rgy.. Robert Dane ople.. Ronald Stubbs Ind•pend•nt Exam n•r R Cathers & Co Chartered Account 107 Main Street Fintoni County Tyrone BT78 2AH nts and Registered Audltors Banker Ulster Bank 16 Darling Street Enniskillen County Fermanagh 8T74 7ER sbell wlth Coolbuck Church of Ireland Trust s, Annual Re ort for r ended 31 December Z022 The trustees pres with Coolbuck Ch nt the Annual Report and Statements of Receipts and Payments and Assets and Liabilities for Li5bellaw rch of Ireland for the year ended 31 December 2022. Objertives and A Ivltles The tharltable pu pose of the Church of Ireland15 thè advan¢ement of reli81on. The prlncip81 func religion by promo Pastoral, evangeli those needing hel ion of Lisbellaw with Coolbuck Church of Ireland Parish is to SUPPOrt the advancement of the Christian ing, throu8h the work of Lisbellaw with Coolbuck ChLtrch of Ireland, the whole mission of the Church, tIC, Social and ecumenical. Being open to and en8a8ln8 Wlth society as a whole and offerlnB 5UPPOrt for are fundamental to the prattical delivery of the benefits of Chri5tianitv. As a result of activ has custody ol pr mainlenance of w y in the pursuit of the advancement of the Christian religion, Lisbellaw with Coolbuck Church of Ireland perty and of records, materials and artefacts of significancé to the cultural and reli8lOU5 herita8e and Ith is undertaken by the select vestry of Lisbellaw with Coolbuck Church of Ireland. Achle¥ements, Pe rmanc• & Publlc B•nellt Lisbellaw with Coo Holy Communion, various other spe Pastoral care is pr buck Church of Ireland has weekly servlces on Sunday mornlngs and afternoons comprlsing of a mix of amily Services, Baptlsm, Mornin8 and Evening Prayer, Compline, Late Evening Offite. the Litany with al Services durin8 the year e8 Confirmation, Lenten, Harvest Thanksglvin85, Advent and Christmas. ided for parishioners and those in the wider cornmunity. A range of other a church or8anisatio Mother5, Llnlon, J Beaver Scouts. Ot Veterans, Group. Association. ivitles are provlded by Llsbellaw wlth Coolbuck Parlsh either by the church directly or through various s eg Sunday School, the 8ridge youth group, Carers and Toddler5, Group.. Junlor and Senior choir, nlor 8adminton and a ran8e of uniformed children's 8roups'. Rainbows, Brownies, Girl Guide5 and er 8ioups regularly hire the church parish centre for Bowls, Women's Inslitute, Wednesday Club and he parish centre is 8iven free of charge to all children's 8roups and also to the Christmas Li8hts' A number of parish a regular basis. T secondary 5chool5. oners serne on the Board of Governors of the local primary school and the Rertor leads assemblies on e Parish also supports the work of Scripture Vnlon whSch 15 active in many of the local junior and The actlvities outli purposes lie the ad of charge to local Christban values. ed above demonstrate how Lisbellaw with Coolbuck Parish continues to Implement its charitable ancement of rellgionl and meet5 the Public Benefit requirement by providin8 the Parish Centre free mmunity groups, contrtbuting to the spiritual well.belng of particlpants and the reinforcement of Lisbellaw with Cool Safeguarding Trust uck Parish ha5 mitlgated any potential harm through the Implementation of the Church of Ireland olicv. The Parish ha5 give ensure that the acti a5 providing public Careful consideration to the Charity Commission for Northern lieland's guidance on publlc benefit to es entered into duiing the year have helped to achieve the Parish's objectives and activltles, as well enefit. Usbellaw wlth Coolbuck C rch of Ireland Trustees, Annu•l Re ort for the ear nded 31 December 202 contln Flnan¢lal Revle Total income du related to restric ing the year was £76,90112021.. £85,65SI of which £75,269 related to unrestricted funds and £1.632 ed funds. Expenditure for the year totalled £68,36612021.. £67,521). The Trustees hav adopted a policy of holding sufficient unrestricted funds to covèr three months overheads. Going Concern The trustee5 hav ensure that the Signed off as a g reviewed the budgets for the year ahead and are satisfied that there are adequate lunds In place to rish can continue its artlvltSe5 and the financial statements for the year end 31 December 2022 can be n8 concern. Strurture, Gover ance and Manaiement ¢5uvernlng Docu ent and Constltutlon of the Charlty Chapter 111 of th members are the Constitutlon of the Church of Ireland governs Parlshes and Parochial or8anisation. The Select Vestry harity Trustees. Recrultment ond olntment of Selert Vestry ITrusteesJ All members of th but have been acc vestry of the parl Select Vestry. Me meeting. The Sel annually and ther Church of Ireland who are over the age of 18 and are either resident wlthin the Parish or Ilve elsewhere stomed mernbers ofthe conBre8ation for at least three months, may re8lSter as members of the general allowing them to attend and vote at meetin8s of the 8eneral vestry and to stand for election to the tings of the general vestry are held once a year. The Selert Vestry Is elected as part of this General Vestrv ct Vestry will hold their positions for a period of one year. Select Vestry members may be re-elected is no limlt on the number of terms which may be served. Orqonlsatlonalst urture The Select Vestry of the clergy seNi not more than tw s responsible for the day to day management of the Parish. The Select Vestry conslsts of the member g in the Parish, any curate assistant I'the curate"I, the churchwardens, the glebe warden5 and generally Ive other members of the general vestry elected at the General Vestry. The Select Vestry I are responsible fo parlsh funds are t chaired bythe incumbent or other member of the clergy offlciating In the Parish. Select vestry members making decisions on matters of 8eneral concern and importance to the Parish Including decidin8 how be applied. The Select Vestrv any time by the ch eets at times fixed by the members or by the diocesan synod. Special meetings may be convened at irperson or the churchwardens. L15bellaw wlth Coolbuck Churth of Irel d Trustees, Annual Re rtforthe ear ended l December 2022 continued Compllancè wlth ubll¢ Benefft The Parish has gi benefit to ensur activities as wèll en careful ¢on5ideration to the Charity Commissioner for Northern Ireland's guidance on the publlc that the artivities entered into during the year have helped to achieve the Parish's objectives and providin8 public benefit. Statement of Tru tees, Responslbllltles The trustees are r Statement of Ass spon5ible for preparing the Trustee5' Annual Report and the Statement of Receipts and Payment5 and s and Liabilities in actordance with applicable law and regulations. The law applicabl Statement of Rec to charities in Northern Ireland with Income les5 than £250.¢)00 requires the tlU5tees to prepaie a ipt5 and Payments and a Ststement of Assets and Liabilities for each financial year. The trustee5 are tran$3ctions and responsible for s detection of fraud responsible for keepin8 accountln8 records that are sufficient to show and explaln the Parish's isclose with reasonable accuracy at any time the assets and liabilities of the Parish. They are also fe8uardin8 the assets of the Parish and hence for takin8 reasonable steps for the prevention and and other irre8ularities. On Behalf of the T ustees Harriett Kirkpatrlc Honorary Secretary Trustee Honorary Treasur Trustee Date Iq wJt gols Independent exa Lisbellaw with C inerf5 report to the charlty trustees of olbu¢k Church of Ireland (Charlty no. 1054181 I report on the ac ounts of Lisbellaw with Coolbuck Church of Ireland for the year ended 31 December 2022. Respertlvè respo 5ibllltie5 of charlty trustees and examlner As the chèrity's tr INorthern Irelanil stees you are responsible for the preparation of the accounts in accordance with the Charities Act 2008. It Is my responsib lity to.. examine follow th Charities state wh he accounts under section 65 of the Charities Act.. procedures laid down in the general Directions given by the Commission under section 6519llbl of the ct,. ther partlcular matters have come to my attentlon. asls of Independ nt examlnerfs report I have examSned y out in accordance ur charity accounts as required under section 65 of the Charities Act and my examinatlon was carrled ith the general Directions given by the Charity Commissbon for Northern Ireland under section rities Act. 6519llbl of the Ch My examination i presented wlth th seeking explanati cluded a review of the accountln8 records kept by the charlty and a comparlson of the accounts se records. It also included consideration of any unusual items or disclosures in the accounts, and 5 from you as charity trustees concefnin8 any such matter5. My role Is to state hether any materlal matters have come to my attentlon givln8 me cause to bèlSeve: That acco Th3t the That the 4. That ther ntin8 records were not kept in accordance wlth sectlon 63 of the Charltlès Act: ccounts do not accord with those ac¢ountSn8 records,. ccounts do not comply with the actounting requirement5 of the Charities A¢t,' is further information needed for a proper understandin8 of the accounts to be reached. Independent exa Inerf5 $tatement I have completed onnection with fo require drawing to y examination and have no concerns In respect of the matters111 to141 listed 3bove and, in lowin8 the Dlrectlons of the Charity Cornmlssion for Northern Ireland, I have found no matters that our attention. Rl¢hard Cathers FC Chartered Ac¢ount 107 Main Street. Fi Date . 3 May 202 nt tona, Co Tyrone, BT78 2AH Ll bellaw wlth Coolbuck Chu f Ireland statemen f Recei tsandPa ments for the ear ended 31 Oecember 2022 Unrestrkted Funds 2022 R?strlcted Funds 2022 Total 2022 Total 2021 Recei Weekly envelope Tax recovered on Endowment In¢0 Speelal appeals a Grants Rental from Paris Social events Deposit interest Wedding5, funera Magazine income Other income and plate collections onations 52,778 10,492 1,115 5,127 2,249 670 2.199 25 400 52.778 10,492 1.115 6,108 2,249 670 2,199 25 44.859 10,096 1,066 7,376 17,034 d other donations 981 Centre 26 2.440 378 2.380 85,655 s and 8Tave yard income 651 651 214 214 75,269 1.632 76.901 Diocèsan costslas Church runnlng c Glebe costs Parish Centre cos Charitable donati Adrninistratlon ¢0 Sunday school cos Special donations Magazine costs otal Pa ments èssment sts 31,913 18,839 9,221 290 2,470 1,353 980 31,913 18,839 9,221 290 2,470 1.353 44,509 13,212 6,012 342 1.120 1,163 682 211 270 67,521 ns ts 981 719 1,700 2,581 719 6B,366 66,666 Ex￿5$/ {d•fl¢ltl ¢ ve•r before trans Recelws over Payments for the rs 8.603 1681 8,535 18,134 Transfers betwee funds Exfessl Idèfitltl o year Recelpts over Payments for the 8,603 1681 8,535 18,134 On Behalf of the Tr ste ack Honorary Treasure Trustee Harriett Kirkpa Honorary Secretary Trustee Date Iq Llsbellaw with Coolbuck Church of Irel d Statement of Assets and Ua Slities as 31 December 2022 Unre5trlrted Funds 2022 Restricted Funds 2022 Total 2022 Total 2021 Cash Funds Current Accounts Deposit Accounts Tot•1 Cash Fund5 41,222 25,210 66.432 1.992 43.214 25,210 68.424 34,704 25,185 59,889 1,992 Investment Asset Other Listed Inve Investments in RC Total Investment ments 30,000 21,265 51,265 30.000 21.265 51.265 30,CK)O 21,265 51.265 ssets Assets rètalned f Glebe House Total Ass•ts retal the Parlsh's own use 215,000 215,000 215.000 215.000 ed for the Parlsh's own use 215,000 215.000 On Behall of the T stees Harriett Kirkpatrick Honorary Secretary Trustee Honorary Treasure Trustee Date.. ¢40È £oU Llsbellaw wlth Coolbuck Church of reland Notes to the financial statements for the ear ended 3 December 2022 l. Accountln8 Ilcles Set out below ar Payments Accoun the principal accounting policies which have been adopted in the Compilation of the Receipts and and the Statement of the Assets and Liabilities.. •) Recelpts and P yments Account All items of inco cash receipts basi e and expenditure included within the Receipts and Payments Account have been atcounted for on bl Statement ol sets and Llabilrtles 11 A55¢ts retalned or the P4rlsh's own use The assets of the arlsh, retained for its own use comprlse'.- Church 8 Parish Ce Glebe Ho ildin8 and Graveyard tre se The Church Buildi Heritage assets ar available and such nd to the Parlsh. g ènd Graveyard are deemed to be Heritage asset5 as defined by the Charities SORP IFRS1021. These not included in the statement of assets and liabilities as information on the cost or valuation Is not Informatlon cannot be obtained at a cost commensurate with the benefit to the users of the accounts The Parish Centre redevelopment an retognised in the as acquired on dale unknown and redeveloped c.1990. There are no rellable records of the c05t of thi5 valuatlon approach foi such a buildlng lacks sufficient reliability. As a result this bulldln8 is not rish's Statement of Assets and Liabilitie5. The Glebe House I depreciation has b value and the rem recognbsed at deemed cost. beln8 the estimated fair value of the property at 310ecember 2022. No en provided on the Glebe House as the current estimated residual value 15 not less than its carryin8 *nin8 useful Ilfe currently exceed$ 50 years. 111 Investments Fixed asset invest ents comprlsin8 investment5 in RCB unit trusts and NFU Investment Bonds are recorded at ¢ost. 2. Reconclllatlo of Cash Funds Totsl Total Cash FLt Receipts for t Payments for Total Cash Fu ds at Beginning of the year e year he ye?r d5 at the end of the year 59,889 76,901 168,3661 68.424 Llsbellaw wlth Coolbuck Church of reland otes to the financial statemen tor the ear ended 31 December 2022 contlnued Movement I Funds Atljan 2022 At 31 Dec 2022 Incorne Expendlturè Transfers Restrl¢ted fu Catering Co Special Colle Clogher Dioc ds mittee ions san Magazlne 1.908 20 132 2,060 1,908 20 981 651 1,632 19811 17191 11,7001 Unrestricted Genèral Fun unds 1,992 109,094 109,094 75,269 75,269 166,6661 166,6661 117.697 117,697 Total lunds 111,154 76,901 168,3661 119,689 Pur Caterin Special Cloghe Committee.. Fund associated with caterlng events held within the Parish. onations.. Collections durin8 the year for various organisations as detailed in Note 4. Diocesan Ma8azlne.' Funds for the acqulsltion and distribution of the magazine for parlshioners. Collertlon fo Thlrd Partles 2022 2021 Clogher Mlnls LEMOOS RBL PoppyAp ry Fund 404 377 2¢Xs 981 65 eal 146 211 The amounts above other donations" a have been included in total in¢ome for the year within Restricted Funds under'special appeals and d in total expenditure for the year within Restricted Funds under"Speclal Donations" L15bellaw wlth Coolbuck Church of Ireland otes to ihe finan¢lal statements lor the ear nd De¢ember 2022 continued Transartlons wlth the Trustee$ During the year, Li bellaw with Coolbuck Church of Ireland dld not have any employees12021'. none). Key Manogement Key management of the Rectory whi nd Trustees re deemed to comprise the Trustees. The Parish paid expenses of £1,125 reloting to the running costs h is occupied by the Rector. No trustee receiv any remuneratlon or reimbursement of expenses during the year12021: £nill. No trustee or a pe charity during the son related to a trustee had any personal interest in any contract or transaction entered into by the ear. 6. Governance sts Governance cost Governance cost of £360 were incurred durin8 the year of which £360 relates to fees paid to the Independent Examlner. are included wlthin Administration costs above. io