PRS Patton Rainey Stenson Limited CHAfiTEFIED ACCOUNTANTS & FtEGISTEREO AUDITORS Slavin Parish Church Trustees, Annual report and Statement of Receipts and Payments and Assets and Liabillties For the year ended 31 December 2023 Charities Number: 105444 CHARTERED ACCOUNTANTS IRELAND Chartered Tax Advisers Registered lo carry out audit work and regulated for a range ol investment business activities in the United Kingdom by the Institute ol Chartered Ac¢ounlanls in Ireland Page I Slavin Parish Church Annual report and financial statementsforthe year ended 31 December 2023 Contents Pages Contents References and administrative details of the Charity Trustees, report Independent Examiners Report to the Trustees Receipts and payments account Statement of assets and liabilities Notes to the financial statement5 9-13 Page 2 Slavin Parish Church References and administrative detalls Charity Name: BelleeklSlavin/Clogher/Church of Ireland Charity Registration Number: 105444 Contact Address= 20 Ardees Road Enniskillen BT93 3HT Trustees Robert Ovens Edwin Ear15 Euphemia Gregg Elizabeth Ovens Robert Earls Leslie Gregg Raymond Gregg Doreen Earls Billy Nelson Florence Earls George Earls Tom Ovens Jason Gregg John Ovens Anne Nelson Rev Rebecca Guildea Noel Meehan- From 0910312023 Principal Office-bearers Clergy: Church Treasurer.. Church Warden- Clergy: Rev Rebecca Guildea Elizabeth Ovens Noel Meehan- From 0910312023 Robert Ovens- Ceased 0910312023 Tom Ovens Church Warden- People- Independent Examiner Stephanie Stenson FCA Patton Rainey Stenson Limited 6 East Bridge Street Enniskillen Co. Fermanagh BT74 7BT Bankers Danske Bank 24 Townhall Street Enniskillen Co. Fermanagh BT74 7BB Page 3 Slavin Parish Church Trustee< Annual Report for the year ended 31 December2023 The trustees present the annual report and statements of Receipts and Payments and Assets and Liabilities for the Best Church for the year ended 31 December 2023. Objectives and Artivities The charitable purpose of the Church of Ireland is the advancement of religion. The principal funttion of the Parish of Slavin is to support the advancement of the Christian faith by promoting. through the work of the Parish of Slavin 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 benef5ts of Christianity. A5 a result of activity in the pursuit of the advancement of the Christian faith. the Parish of Slavin 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 the Parish of Slavin. The book of Hebrews encourages us not to forsake the assembling of ourselves together, with that in mind. we as a group of Parishes- Garrison Parish, Belleek Parish, Slavin Parish and Kiltyclogher Parish, support and care for all in the group and worship together when the occasion demands. such as Remembrance Service. Harvest Thanksgiving Services. 5th Sundays, Christmas Eve and Carol Services. Achievements, Performance & Public Benefit Slavin Parish has been able to fulfil its task of sharing Chrisys teaching locally through our Sunday Services, mission participation and missionary links. We host a morning service of worship and prayer for the benefit of the public and advancement of Christian worship at 11.30am on the first and third Sunday of each month. During the week we offer pastoral care. help and support for parishioners through home and hospital visits. We have provided support to mission and outreach work through donations to both local and international programme5 and have missionary links through Crosslinks and CMSI. Our circuit usually hold5 a bowls club in Melvin View Orange hall which offers an opportunity for a variety of ages to come together socially. Our Sunday school gives young children the opportunity to partake in Christian Worship at an appropriate level to enhance their understanding of Chrisys teachings. 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 objectives and activities. as well as providing public benefit. Financial Review The main sources of income were planned giving and freewill offering5. The Financial statements show a surplus of £4,321 for the year and no fund5 were in deficit at the year end. Page 4 Slavin Parish Church Tru5tee5' Annual Report for the year ended 31 December 2023 {continued} Going Concern The activities of the congregation are dependent on the ongoing contributions from its members. The Trustees are of the opinion that the congregation ha5 sufficient resources at the date of approval of these financial statements to meet commitments which will arise in the year from the date of the signing of this report and subject to the continuing support from its members to fund on an ongoing basis the congreEation's current activities and other financial commitments. 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 Charity Trustees Recruitment andAppointment of Select Vestry (Trusteesj 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 member5 of the congregation for at least three months. may register 3$ 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 ofthis General Vestry meeting. The Select Vestry members 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 ofterms which may be served. Pay and remuneration The Incumbent is paid directly by the Diocese and receives Stipend in accordance with figures approved by the General Synod of the Church of Ireland. Organi5ationol 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, the churchwardens. the glebe wardens and generally not more than twelve other members ofthe 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 or by the diocesan synod. Special meetings may be convened at any time by the chairperson or the churchwardens. In 2023 the Select Vestry met 3 times during the year and the average attendance was 53%. 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 attives entered into during the year have helped to achieve the Parish's objectives and activities, as well as providing public benefit. Page 5 Slavin Parish Church Trustees, Annual Report for the year ended 31 December 2023 (continued) Statement of Trustees. Responsibilities The trustee5 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 trustee5 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 Rev Rebecca Guildea Elizabeth Oven5 (Treasurer} PRS Patton Rainey I Stenson Limited CHAR TERED ACCOUNTANTS & AECISTEREO AUDITOR5 Page 6 Slavin Parlsh Church Independent Examlner5 Report to the Trustees of Slavin Parish Church I report on the accounts of the Trust for the year ended 31 December 2023 which are set out on pages 7 to 12. Respective Responsibilities of Charity Trustees and Examiner As the Charity'5 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 direttions given by the Commission under Section 65(9)(bl 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 Art and my examination was carried out in accordance with the general directions given by the Charity Commission for Northern Ireland under Section 6519llb) of the Charities Act. My examination included a review of the accounting record5 kept by the Charity and a 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: That accounting records were not kept in accordance with Section 63 of the Charitie5 Act. 2. That the accounts do not accord with those accounting records. That the accounts do not comply with the accounting requirements of the Charitie5 Act. That there is further information needed for a proper understanding of the account5 to be reached. Independent Examinerfs Report I have completed my examination and have no concerns in respect of the matters111 to {41 listed above and. in connection with following the dirertlOTIs of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. S Stenson FCA Patton Rainey Stenson Limited Chartered Accountants 6 East Bridge Street Enniskillen BT74 78T Date: CHARTERED ACCOUNTANTS IRELAND Chartered Tax Advisers Regislered lo carry out audit work and regulated lor a range ol investment business activities in the United Kingdorn by the Inslituie ol Chartered Accounianls in Ireland Page 7 Slavin Parish Church Receipt5 and Payments Account for the year ended 31 De￿rnber 2023 Unrestricted Funds 2023 Restricted Funds 2023 Endowment Funds 2023 Total 2023 Total 2022 Note Retei Donations & plate collection Proceeds from Fund Raising Events Investment income Bank & Deposit Interest Other Receipts Grants 19,665 1.524 io 160 720 270 552 2,185 20.208 3,709 io 160 5.051 1.420 20.757 3,468 io 140 3,927 500 4.322 1,150 Total Recei ts 22,349 8,209 30,558 28,802 Pa ments Diocesan C05t5lAssessment Church Running Costs Glebe Costs Administration Costs Charitable Donations Sundry Expenses Fundraising Costs 13,269 1,093 1,065 672 300 1,498 13,269 1,093 8.543 709 900 1.523 200 7.068 1.117 4,527 736 1.725 1,062 7.478 37 600 25 200 Total Pa ments 17.897 8.340 26,237 16,235 Excess of Receipts over Payments for the year before transfers 4,452 11311 4.321 12,567 Transfer5 Excess of Receipts over Payments for the year 22,349 8,209 30,558 12,567 On behalf of the trustees: Rev Rebecca Guildea Elizabeth Ovens (Treasurer) Date . Page 8 Slavin Parish Church statement of Assets and Liabilitle5 as at 31 December 2023 Unrestricted Fund5 2023 Restrirted Funds 2023 Endowment Fund5 2023 Total 2023 Total 2022 Cash Funds Current Accounts Total Cash Fund5 98.302 98,308 2,890 2.890 101,192 101,192 96.871 96.871 Investment Assets Investments in RCB / CIT Unit Trusts Total Inve5trnent Assets 180 180 180 180 180 180 Assets retained for the Parish's own use Fixtures and Fittings Total Assets retained for the Pari5h'5 own Use On Behalf of the Trustee5 Li L-- Rev Rebecca Guildea Elizabeth Ovens (Treasurer) Date . Page 9 Slavin Parish Church Note5to the financial 5tatementsforthe year ended 31 December 2023 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 Liabillties 111 Assets retuinedfvr the Parish's own use The assets of the Parish, retained for it5 own use comprise:_ Church Building and Graveyard The Church Building and Graveyard are deemed to be Heritage assets as defined by the Charitie5 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 at a cost commensurate with the benefit to the users of the accounts and to the parish. The Glebe House is shared by the circuit and is recognised at a deemed cost of £95,000 in the accounts of Garrison Parish. being the estimated fair value of the property at 31 December 2021. No depreciation has been provided on the glebe house as the current estimated residual value 15 not less than it5 carrying value and the remaining useful life currently exceeds So years. ill Inve5tment5 Investment in RCB/CIT Unit Trusts are initially recorded at cost. The market value of investments at 31 December 2023 15 £479. Proceeds From Fundraising Events 2023 Unrestrirted 2022 Restricted Unre5trirted Re5trirted Recycled Clothes Sale of Books Sale of Work BBQ Tesco Bucket Collection Hog Roast Proceeds Fashion Show 282 300 70 1.172 90 850 1,000 144 1,084 1,224 962 2.185 1,524 2.384 1,084 Page io Slavin Parish Church Note5 to the financial statements for the year ended 31 December 2023 (Continued) 3. Other Receipts 2023 Unrestricted 2022 Re5trirted Unrestrirted Restricted Church Magazines NIE Share of Rectory Expenses NIE Refund Rates Refund Insurance Refund Sale of Stove 120 600 90 4,320 2,949 63 16 257 550 3,837 720 4,322 90 Grants 2023 Unrestricted 2022 Restrirted Unrestrirted Restricted FODC Grant- Queen Jubilee FODC Fermanagh Trust-wind farm grant 500 270 400 750 270 1,150 500 5. Glebe Costs 2023 Unrestricted 2022 Restricted Unrestricted Restricted General Account Rectory Account 1,065 1,068 7.478 7,478 3,459 3.459 1.065 1,068 Expenses paid from the Rectory Account relate to the joint Glebe House for the Parishes of the circuit. The Parishes each contribute towards the c05t. Expenditure from the General Account reflects Slavin Parish'5 share of costs. Page li Slavin Parish Church Notes to the financial statements for the year ended 31 December 2023 (continued} 6. Charitable Donations 2023 Unrestricted 2022 Unrestricted Restrirted Restricted C.M.S. Bible Society The Royal British Legion L.E.M.O.O.S Crosslinks Sands 50 50 25 50 50 25 loo 50 50 50 Enniskillen Food Bank Tear fund Pancreatic Cancer Cycle Bishops Appeal 400 1,000 25 600 300 600 1,725 Page 12 Slavin Parish Church Notes to the financial statement5 for the year ended 31 December 2023 (continued) Sundry Expen5e5 2023 Unre5trlrted 2022 Unrestricted Restrirted Restricted Church Reports Magazines Organist loo 120 200 loo 90 200 31 th 5 Sunday May Collection to Rectory Harvest Concert Music Sunday School Prizes 2 Signs Baptismal Candle5 & Certificates Visiting Preachers Jubilee Expenses Chestnut Tree Gazebo Hire Communion Glasses Group of Parishes Web51te 24 HourTimer Confirmation notebooks Rev Rebecta- Youth Bibles Flowers FMC Fire Extinguishers Delene Saunderson- Flower Arranger Wark Hall- Hire of Hall 74 260 90 20 21 50 378 70 40 loo 22 25 31 12 32 24 225 200 70 1,498 25 1,062 8. Current Accounts and Cash 2023 2022 General Account Fixed Term Deposit Building Society Rectory Account 51,810 32,403 14,089 2,890 101,192 47.518 32.403 13,929 3,021 96,871 Reconciliation of Cash Funds 2023 2022 Total Cash Funds at Beginning of the year Receipts for the Year Payment5 for the Year Total Cash Funds at end of the year 96.871 84.304 30.558 28,802 126,2371 116,2351 101,192 96.871 Page 13 Slavin Parish Church Notes to the financlal statements forthe year ended 31 December 2023 {continued} 10. Movement in Funds Atljan 2023 Incoming Resour￿5 Outgolng Resources At 31 Dec 2023 Transfers Endowment funds RCB Unit Trust5 180 180 180 180 Restricted funds Rectory Fund 3,021 3,021 8,209 8,209 8.340 8,340 2,890 2,890 Unrestricted funds General Fund Fixed Deposit Fund Progre55ive Building Society 47,518 32.403 13,929 93,850 22,190 17,898 51,810 32.403 14.089 98,302 160 22.350 17.898 Total funds 97,051 30,559 26,238 101.372 Pur oses of Endowment Funds Income from the Bequests and Legacies are used for Stipend and general pvrposes. Pur oses of Restricted Funds The Rectory account are funds used for the enhancement of the Church Rectory 11. Transactions with the Trustees The parish paid expenses of £1,065 relating to its share of expenses for 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. 12. Governance Costs Governance costs of £504 were incurred during the year which relates to fees paid to the independent examiner. Governance costs are included within Administration costs in the Receipts and Payments Accounts.