Derryvullen South Parish Church Trustees, Annual Report and Statement of Receipts and Payments and Assets and Liabilities for the year ended 31 December 2023 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
Derryvullen South Parlsh Church Reference5 and administrative details Charity Name Derryvullen South Parish Church Charity Registration Number NIC 105435 Contact Address 146 Gola Road Lisbellaw Co Fermanagh Trustees Mr R Boles Mrs K Kettyle5 Lord Belmore Mr W Graham Lord A Hamilton Mrs l Henderson Mrs G Black MrG Black Mr C Weir Mrs A Graham Mrs Lcourtney Principal Office Bearers Clergy Vacant Treasurer Mrs A Graham 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 24Townhall Street Enniskillen Co Fermanagh First Trust Bank 2 - 4 East Bridge Street Enni5killen Co Fermanagh Page I
Derryvullen South Parish Church Trustees. Annual Report for the year ended 31 December 2023 The trustees present the annual report and statements of Receipts and Payments and Assets and Liabilities for Derryvullen South Parish Church for the year ended 31 December 2023. Objertives and Activltles 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 promotingi 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. Performance & Public Benefft During the yearthe 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 together to provide social companionship. All Sunday school teachers have been appropriately trained under SafeEuarding Trust regulation5 and the parish has an elerted Safeguarding Trust panel. Flnancial Review 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 addttional fundraising forthe coming year with the aim to continue operating at a surplus and avoid having to deplete resee5 when carrying our repair works to the rectory, church and hall in the coming periods. Going Concern The trustees have reviewed the budgets forthe year ahead and are satisfied that there are adequate funds in place to ensure that the Parish can continue its attivities and the financial statements forthe year ended 31 December 2023 can be signed off as a going concern. Page 2
Derryvullen South Parish Church Trustees, Annual Report (wntinued) for the year ended 31 December 2023 Structure, 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 Charty Trustees. Recruitment and Appointment of Selert 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*lected annually and there is no limit on the number of terms which may be served. Organlsatlonal Structure The selett vestry is responsible forthe 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 fund5 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 2023 the Select Vestry met 7 times during the year and the average attendance was 75%. Compliance wlth Publlc Benefft 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 heSped to achieve the Parish's objectives and activitie5, as well as providing public benefrt. Page 3
Derryvullen South Parish Church Trustees, Annual Report (continued) for the year ended 31 December 2023 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 ift accordance with applicable law and regulations. The law applicable to chartties 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 irregular¥iies. Signed on Behalf of the Trustees Date: li march 2021t Page 4
r cathers co. Independent examinerf5 report to the charity trustees of Derryvullen South Parish Church (Charity no. 105435). I report on the accounts of Derryvullen South Parish Church for the year ended 31 December 2023. Respertive responsibilitie5 of charity trustees and examiner As the charity's trustees you are responsible for the preparation of the accoLsnts in accordance with the Charities Att (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 sertion 6519llbl of the Charities Act; state whether particular matters have come to my attention. Basis of Independent examinerfs report I have examined your charity 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 Charsty Commission for Northern Ireland under section 6519llbl of the Charities Art. My examination included 3 review of the accounting record5 kept by the charity and 3 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. My role is to state whether any material matters have come to my attention giving me cause to believe: l. That accounting records were not kept in accordance with settion 63 of the Charities Act- 2. That the accounts do not accord with those attounting records- That the accounts do not comply with the accounting requirements of the Charities Art: 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 respect of the matters111 to {41 listed above and, in connection with following the Directions 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 2AH Date: 15 April 2024 107 Masn Street Fintona Co.Tyrone 8T78 2AH 028 82 440 744 richard@rcathers.com ww.rcathers.CC¢rn CHARTERED ACCOUNTANTS IRLLAND P¥innj,. -, d Cathers FCA
De Ilen South Parish Churth RKei ts and Pa ments Account For the ear ended 31 December 2023 Year ended 31 December 2023 Unrestrirted Restricted Totsl Year ended 31 December 2022 Unrestricted Restrirted Total INCOME Sustentation Fund- Covenant Sustentation Fund- Non-covenant Gift Aid Refund Loose Collettion Rent of Rectory Rent of Field Clogher Di0$an Magazine Graveyard Maintenance Christian Aid Harvest Thanksgiving Offerlng Gift Day donations LEMOS R B L Poppy Appeal CMJI- Easter collettiort Burial Fees 19,289 5.436 5,807 19,289 5.436 5,807 842 12,( 100 17,940 5,483 4,671 381 4,000 17,940 5,483 4,671 381 12.C4XI 100 4,000 loo 480 878 170 1,060 $90 640 925 925 145 878 170 1,060 145 950 950 633 243 633 590 243 206 54 206 73 73 3,000 100 Donations Weir family donatlon Ferm3na8h & Omagh council bY3nt Hire of Church Hall Sale of cards for all occassions Grave Fee 100 2 2,500 938 50 50 2.500 938 920 920 15 930 930 15 25 15 15 72 Rectory Accounts BBQ Donations Chr5Stmas Concert Bank Interest received RCB Distribution - Interest on bequests 72 1,629 641 851 1,629 641 851 171 171 816 816 781 781 52.079 6,598 58,677 35.689 2,368 38,057 EXPENSES Clogher Diocesan Assessment Church Accounts Rectory Accounts Graveyard Maintenance Church Hall Accounts Insurance Clogher DIOan Magazine Printing Christian Ald CMJI - Lentsn collertion Sunday School Attounts Organists Harvest Giving Undertaker fee included in donation RBL Poppy Appeal LEMOS BBQ expenses Chirstmas concert donation to Marie Curie Independent Examiner Bank Fees RCB Fee 14,795 7,923 550 12,714 1.795 1,324 14,795 10,423 550 17.951 3,457 14,809 916 688 17,951 3,457 14,809 1.794 688 2,5 12.714 1.795 1,324 640 214 878 640 474 474 248 200 214 140 72 140 72 30 170 950 650 950 650 650 650 950 1.250 1,250 100 950 54 206 199 199 206 1,726 1,726 350 318 213 350 318 213 300 178 322 178 336 336 322 43.442 5,335 48,777 40,499 2.732 43,231 (Defidtl I Surplus forthe period 8.637 1,263 9,900 4,81011 3641 5,1741 Page 6
Derryvullen South Parish Church Statement of Assets and Liabilities As at 31 December 2023 Unrestricted Restricted Funds Funds 2023 2023 Total 2023 Total 2022 Cash Funds Current Accounts Deposit Accounts Vested in RCB for Rectory purchase Total Cash Funds 26,386 105,301 19,707 46,093 105,301 1,799 153,193 37,016 104,480 1,799 143,295 1,799 21,506 131,687 Investment Assets Investments in RCB / CIT Unit Trusts 29,887 29,887 29,016 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 Date: 11 rYorcLd lo+ Page 7
Derryvullen South Parlsh Church Notes to the Flnanclal Statements For the year ended 31 December 2023 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. (a) 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. (b) Statement of Assets and Liabilities (il Assets for the parlsh'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 assets 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 as 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 thi5 construction and valuation approach for such a building lacks sufPicient reliability- As 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 C05t. (li) Investments Investments in RCB/CIT Unit Trusts are initially recorded at COSt and are then subsequently stated at fair value at each year end date. 2. Reconciliation of Cash Funds Total Cash Funds at beginning of the year Receipts for the year Payments for the year 143,295 58,677 48,777) Total Cash Funds at end of the year 153,195 Page 8
Derryvullen South Parish Church Notes to the Flnancial Statements (contlnued) For the year ended 31 December 2023 3. Movement In Funds Atljan 2023 Incoming Resources Outgoing Resources At 31 Dec 2023 Restrirted Funds Sunday School Account Burial Fee Hall Account Rertory Account IRCB) Rettory Account 1,296 750 3,532 1,799 1,296 750 4,083 1,799 11,779 19,707 595 1 12,000 1 12,595 1 221) 265) 7,377 Unrestricted Funds General Funds 135,918 135,918 46,082 1 46,082 1 48,5121 48,5121 133,488 133,488 Total Funds 143,295 58,677 { 48,777) 153,195 Purposes of Restricted Funds Sunday School Account: This is a fund for donations received specificallyfor use by the Sunday School Hall Account: This is a fund to assist with the renovations to the parish hall. - Rertory Account.. These are monies held by the RCB to be used against rectory expenses 4. Collertions for third partles 2023 2022 Christian Aid RBL Poppy Appeal L.E.M.O.S. 145 84 243 200 54 206 472 460 5. Transactions with Trustees Mrs L Courtneyi Trustee, was paid £204 during the year as a reimbursement of expenses for the Sunday school. Mrs G Black, Trustee, was paid £20 during the year as a reimbursement of expenses for the Hall. Page 9