Derryvullen South Parish Church Trustees, Annual Report and Statement of Receipts and Payments and Assets and Liabilities for the year ended 31 December 2022 Charities Number: NIC 105435
Derryvullen South Parish Church Contents Page Pages References and Administrative Detai15 Trustees, Annual Report Independent Examiner's Report to the Trustees Receipts and Payments Account Statement of Assets and Liabilities Notes to the Financial Statements 9-10
Derryvullen South Parish Church References and administrative details Charity Name Derryvullen South Parish Church Charity Registration Number NIC 105435 Contact Address 146 Gola Road Lisbellaw Co Fermanagh Trustees Rev'd Canon Betty Thompson Mr R Boles Mrs K Kettyles Lord Belmore Mr W Graham Lord A Hamilton Mrs l Henderson Mrs G Black Mr G Black Mrcweir Mrs A Graham Mrs L Courtney Principal Office Bearers CSergy Vacant Treasurer MrsAGraham Secretary Mr W Graham Church Warden- Clergy Mrs K Kettyles Church Warden- Peoples Mr R Boles Independent Examiner R Cathers & Co Chartered Accountants and Certified Auditors 107 Main Street Fintona Co Tyrone Bankers Danske Bank 24 Townhall Street Enniskillen Co Fermanagh First Trust Bank 2 - 4 East Bridge Street Enniskillen Co Fermanagh Page I
Derryvullen South Parish Church Trustees, Annual Report for the year ended 31 December 2022 The trustees present the annual report and statements of Receipts and Payments and Assets and Liabilities for Derryvullen South Parish Church forthe year ended 31 December 2022. Objectives and Artivities The charitable purpose of the Church of Ireland is the advancement of religion. The principal function of Derryvullen South Parish Church, Church of Ireland, is to support the advancement of the Christian religion by promoting, through the work of Derryvullen South Parish Church 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 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, Derryvullen South Parish Church has custody of property 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 Derryvullen South Parish Church. Achievements, Perfomiance & Public Benefit During the year the parish provided the advancement of religion through the provision of weekly public worship, a community barbeque, sunday school for children and other activities through which Christian witness and outreach were delivered. The benefits of public worship contributed to spiritual well-being of participants and the reinforcement of Christian values. The community barbeque brought the community togetherto provide social companionship. All Sunday school teachers have been appropriately trained under Safeguarding Trust regulation5 and the parish has an elected Safeguarding Trust panel. Financial Revlew The parish's financial position at the year end was satisfactory. The parish has achieved an operating surplus in the period which has increased reserves. The trustees, are going to focus on additional fvndraising for the coming year with the aim to continue operating at a surplus and avoid having to deplete reserves when carrying our repair works to the rectory, church and hall in the coming periods. 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 Parish can continue its activities and the financial statements for the year ended 31 December 2022 can be signed off as a going concern. Page 2
Derryvullen South Parish Church Trustees, Annual Report (continued) for the year ended 31 December 2022 Strurture, Governance and Management Governing Document and Constitution of the Charity Chapter111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The Select Vestry members are the Charity Trustees. Recruitment and Appointment of Select Vestry (Trustees) 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 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 meetings of the general vestry and to stand for election to the select vestry. Meetings of the general vestry are held at least once a year. The Select Vestry is elected as part of this General Vestry meeting. 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 terms which may be served. Organisational Structure The select vestry is responsible for the day to day management of the parish. The select vestry consists of the member of the clergy serving in the parish. any curate assistant I'the curate"), 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 vestry 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. Special meetings may be convened at any time by the chairperson or the churchwardens. In 2022 the Select Vestry met 9 times during the year and the average attendance was 84%. Compliance with Public Benefit The Parish has given careful consideration to the Charity Commission for Northern Ireland's guidance on public benefit to ensure that the actives entered into during the year have helped to achieve the Parish's objettives and activities, as well as providing public benefit. Page 3
Derryvullen South Parish Church Trustees, Annual Report (continued) for the year ended 31 December 2022 Statement of Trustees. Responsibilities 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's transactions and disclose with reasonable accuracy 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. Signed on Behalf of the Trustees LogD A -PiomiL i ONJ Date: ICI ptPoi L loL3 M£S k kil YLC Page 4
r cathers , co. Independent examinerfs report to the chBrity trustees of Derryvullen South Parish Church (Charity no. 105435). I report on the accounts of Oerryvullen South Parish Church for the year ended 31 December 2022. Respective responsibilities of charlty trustees and examiner As the chariws trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to: examine the accounts under section 65 of the Charities Act- follow the procedures laid down in the general Directions given by the Commission under section 6519llbl of the Charities Act; state whether particular matters have come to my attention. Basis of independent examinerfs report I have examined your charity arcounts as required under section 65 of the Charities Att and rny examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 6519llbl of the Charities Act. My examination included a review of the accounting records kept by the charity and a compari50n of the accounts presented with those records. It a150 included consideration of any unusual items Dr disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe: That accounting records were not kept in accordance with section 63 of the Charities Act; That the accounts do not accord with those accounting records- 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 examinerfs statement I have completed my examination and have no concerns in respett of the matters111 to141 listed above and. in connettion with following the Direction5 of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Richard Cathers FCA Chartered Accountant 107 Main Street, Fintona, Co Tyrone, BT78 ZAH Date . 19 April 2023 107 Main Street Flntona ,' Co.Tyrone, B T78 2AH t. 028 82 440 744 ", iichard@rcathers.cem WYdW.rcathers.com CHARTERED ' I ACCOVNTANTS
De Recei For the Ilen South Parish Church sandPa ments Account ear ended 31 December 2022 Year ended 31 December 2022 UnstrIrted Restricted Total Year ended 31 December 2021 Unrestrirted Restrirted Total INCOME Sustentation Fund- Covenant Sustentation Fund- Non-covenant Gift Aid Refund Gift Aid Refund- loose collertion Loose Collettion Rent of Rertory Rent of Field Clogher Diocesan Magazine Graveyard Maintenance Christian Aid Harvest Thanksgiving Offering Gift Day donations LEMOS R B L Poppy Appeal Burlal Fees Donations Erection of headstone Hire of Church H811 Sale of cards for all occassions County Trust Limited for Sunday School Grave Fee Adult tz¢kets for ice skating Collection at confirmation Rectory Accounts Bank Interest received Other Interest RCB Distribution- Interest on bequests 17,940 5,483 4,671 17,940 5,483 4.671 16,810 7,641 4,924 16,810 7,641 4,924 381 4,000 loo 381 4,000 loo 480 878 170 1,060 590 206 54 108 108 100 loo 180 180 840 291 955 878 170 1,060 291 955 590 600 206 54 56 56 3,000 200 300 200 98 300 20 20 30 3,000 200 300 200 98 50 50 930 25 930 25 300 15 Is 20 20 30 72 171 72 171 98 933 98 933 748 781 781 35.689 2.368 38,057 35,800 2,652 38.452 EXPENSES Clogher Ditscesan Assessment Church Accounts Rectory Accounts Graveyard Maintenance Church Hall Accounts Clogher Diocesan Magazine Printing Christian Aid Clogher Diocese. Ministry fund Sunday School Accounts Organists Harvest Giving Guest Preacher RBL Poppy Appeal LEMOS Independent Examiner Bank Fees RCB Fee 17,951 3.457 14,809 916 688 17,951 3,457 14.809 1,794 688 474 248 200 15,629 2.549 184 15.629 2,549 878 1.847 1,847 924 192 204 425 30 852 820 2,300 924 474 192 248 30 170 425 30 950 650 950 650 950 852 820 950 2,300 54 206 54 206 300 178 322 iio iio 300 178 322 300 97 320 300 97 320 40,499 2,732 43.231 21,879 4,904 26,783 Page 6
(Deficit) I Surplus forthe peri¢xl 4AIO I 3641 5,1741 13.921 1 2,Z521 11.669 EXCEPTIONAL ITEMS Purchase of Rectory Solicitor Fee 1 265,0001 1 265,0001 1.8821 1,8821 Deficit re Exceptional Item5 266,8821 266,882 Total (Deficitl in the period 4.81011 3641 5.1741 13.921 1 269,1341 25S,2131 Page 7
Derryvullen South Parish Church Statement of Assets and Liabilities As at 31 December 2022 Unrestricted Restricted Funds Funds 2022 2022 Total 2022 Total 2021 Cash Funds Current Accounts Deposit Accounts Vested in RCB for Rectory purch3se Total Cash Funds 29,467 104,480 7,549 37,016 104,480 1,799 143,295 42,290 104,380 1,799 148,469 1,799 9,348 133,947 Investment Assets Investments in RCB / CIT Unit Trusts 29,016 29,016 31,271 Assets Retained for the Parish's own use Parish Hall Glebe House 266,882 266.882 266,882 266,882 266,882 266,882 Signed on Behalf of the Trustees -Fl I L f ?fvJ kkef fSLcS Date= 10 APQI L Ic23 Page 8
Derryvullen South Parish Church Notes to the Financial Statements For the year ended 31 December 2022 l. Accounting policies Set out below are the principal accounting policies which have been adopted in the compilation of the Receipts and Payments Account and the Statement of Assets and Liabilities. la) Receipts and Payments Account All items of income and expenditure included within the Receipts and Payments Account have been accounted for on a cash receipts basis. {bl Statement of Assets and Liabilities (i) Assets for the parish's own use The assets of the Parish, retained for its own use comprise.. Church building and graveyard Parish Hall Glebe House The church building and graveyard are deemed to be heritage asset5 as defined by the Charities SORP IFRS1021. 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 a5 a cost commensurate with the benefit to the users of the accounts and to the parish. The parish hall was built in 1960. There are no reliable records of the cost of this construction and valuation approach for such a building lacks Sufficient reliability. A5 a result this building is not recognised in the parish statement of assets and liabilities. The Glebe House was purchased in 2021 and is recognised in the parish statement of assets and liabilities at cost. (li) Investments Investments in RCB/CIT Unit Trusts are initially recorded at C05t and are then subsequently stated at fairvalue at each year end date. 2. Reconciliation of Cash Funds Total Cash Funds at beginning of the year Receipts forthe year Payments for the year 148,469 38,057 43,231) Total Cash Funds at end of the year 143,295 Page 9
Derryvullen South Parish Church Notes to the Financial Statements Icontinued) For the year ended 31 December 2022 3. Movement in Funds Atljan 2022 Incoming Resources Outgoing Resources At 31 Dec 2022 Restricted Funds Sunday School Account Burial Fee Hall Account Rectory Account IRCBI 1,296 750 1,296 750 3,532 1,799 7,377 3,030 1,799 6.875 545 1 431 545 ( 431 Unrestricted Funds General Funds 141,594 141,594 37,512 1 37,512 { 43,188) 43.1881 135,918 135,918 Total Funds 148,469 38,057 1 43,2311 143,295 Purposes of Restricted Fund5 Sunday School Account: This is a fund for donations received specifically for use by the Sunday School Hall Account- This is a fund to assist with the renovations to the parish hall. - Rettory Account: These are monies held by the RCB to be used against rectory expenses 4. Collections for third parties 2022 2021 Christian Aid RBL Poppy Appeal LE.M.O.S. Clogher Diocese Ministry Fund 200 54 206 291 55 30 460 376 5. Trdnsartions with Trustees Mrs L Courtney. Trustee. was paid £117 during the year as a reimbursement of expenses for the Sunday school. Mrs G Black, Trustee, was paid £420 during the year as a reimbursement of expenses for the Rettory. Mrs l Henderson, Trustee, was paid £12 during the year as a reimbursement of expenses forthe Church Hall. Page 10