PRS Patton Rainey I Stenson Limited CHAFtTERED ACCOUNTAths & REGISTERED AVOITORS Slavin Parish Church Trustees, Annual report and Statement of Receipt5 and Payments and Assets and Liabilities For the year ended 31 December 2024 Charities Number: 105444 CHARTERED ACCOUNTANTS IRELAND Chartered Tax Advisers Registered to carry out audit w￿k arKI regulated for a ra[￿e ol iwwes1rr￿￿I business aclivilies in Ihe Uniled Kingdom by the Inslitule ol Chartered Attounlants in Ireland Page I Slavin Parish Church Annual report and financial statements for theyear ended 31 December 2024 Contents Pages Contents References and administrative details of the Charity Trustees, report Independent Examiners Report to the Tru5tee5 Receipts and payments account St2toment of assets and liabilitie5 Notes to the financial statements 9-13 Page 2 Slavin Parish Church References and administrative details Charity Name: Belleek/Slavin/Clogher/Church of Ireland Charity Registration Number: 105444 Contact Address- 20 Ardees Road Enni5killen BT93 3HT Tru>t¢es Robert Ovens Edwin Earls Euphemia Gregg Elizabeth Ovens Robert Earls Leslie Gregg Raymond Gregg Doreen Earls Billy Nelson Florence Earls George Earls Tom Ovens ja￿On Gregg John Ovens Anne Nelson Rev Rebecca Guildea Noel Meehan Principal Office-bearers Clergy: Church Treasurer.. Church Warden- Clergy". Church Warden- People: Rev Rebecca Guildea Elizabeth Ovens Noel Meehan Tom Ovens 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 Trustees, Annual Report for the year ended 31 De￿mber 2024 The trustees present the annual report and statements of Receipts and Payments and Assets and Liabilitie5 for the Best Church for the year ended 31 December 2024. Objectives and Activities The charitable purpose of the Church of Ireland is the adVan￿rnent of religion. The principal function of the Parish of Slavin is to support the advancement of the Christian faith by promotin& 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 fvndarnental to the practical delivery of the benefits of Christianity. As a result of activity in the pur5UIt 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 Kiityclogher Parish. support and care for all in the group and worship together when the occasion demands, such as Remembrance Service. Harvest Thanksgivine Services. 5th Sundays. Christmas Eve and Carol Service5_ Achievements, Performance & Public Benefft Slavin Parish has been able to fulfil its task of sharing Chrisvs teaching locally through our Sunday serwces, 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 programmes and have missionary links through Crosslinks and CMSI. Our circuit usually holds 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 opportunityto partake in Christian Worship at an appropriate level to enhance their understanding of Christ's teaching5. 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. Flnancial Review The main sources of income were planned giving and freewill offerings. The Financial statements show a surplus of £516 for the year and no funds were in deficit at the year end. Page 4 Slavin Parish Church Trustees. Annual Report for the year ended 31 December 20241contsnued) 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 has sufficient resources at the date of approval of these flnancial 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 congregation'5 current activities and other financial commitments. Structure, Governance and Management Governing Document and Constitution of the Charity Ch3pter111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The Selert Vestry members are the Charity Trustees Recruitment andAppointment of Selert Vestry (frustees) 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. allowinR 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 members will hold their positions for a period of one year. Select Vestry members may be re-elected annually and there 15 no limit on the number of term5 which may be seprfed. 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. Oryanisatlonal Strurture 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 of the general vestry elerted at the General Vestry. The select vestry is chaired by the incurnbent or other member of the clergy officiating in the parish. Select vestry members are responsible for making decisions on matter5 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 or by the diocesan synod. Special meetings may be convened at any time by the chairperson or the churchwardens. In 2024 the Select Vestry met 3 times during the year and the average attendance was 53%. Compliunce 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 objectives and activities, as well as providing public benefit. Page 5 Slavin Parish Church Trustees. Annual Report for the year ended 31 December 2024 {continuedl 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 require5 the trustees to prepare a statement of receipts and payments and a statement of assets and liabilities for each financial year. The ti Ustees are re5pon5ible 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 Ovens (Treasurer) PRS Patton Rainey I Stenson Limited CHARTEFtED ACCOVNTAkns 8 REGISTERED AUDITORS Page 6 Slavin Parish Church Independent Examiners Report to the Trustees of Slavin Parish Church I report on the accounts of the Trust for the year ended 31 December 2024 which are Set out on pages 7 to 12. Respertive Responsibilities of CharityTrustees 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. It is my responsibility to: examine the accounts under Settion 65 of the Charities Act. follow the procedures laid down in the general directions given by the Commission under Section 6519llbl of rhe Charliies Act. state whether particular matters have come to my attention. Basis of Independent Examinerfs Report I have examined your CharityAccounts as required under Section 65 ofthe Charities Act and my examination was carried out in accordance with the general directions given by the Charity Commission for Northern Ireland under Section 65191{b) 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 also included consideration of any unusual iterns or disclosures in the accounts. and seeking explanations from you as Charity Trustees conceming 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 EKaminee5 Report I have completed my examination and have no concerns in respect of the matters {11 to {4) 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. S Stenson FCA Patton Rainey Sten50n Limited Chartered Accountants 6 East Bridge Street Enniskillen Bf14 7BT Date- CHARTERED ACCOUNTANTS IRELAND Chartered Tax Advisers Aegislered to carry oul audrf *YJrk arkl regulated for a range of inve5trnenl bL5siness aclivities in the United lQngJotn by the Insti￿le ol Chartered Accounlanls in Ir81at¥J Page 7 Slavin Parish Church Receipts and Payments Account for the year ended 31 December 2024 Unrestricted Funds 2024 Restricted Funds 2024 Endowment Fund5 2024 Total 2024 Total 2023 Recei Donations & plate collection Graveyard feed Proceeds from Fund Raising Evènts Investment income Bank & Deposit Interest other Receipts Grants 17,698 450 1.610 311 18,009 450 2.580 20,208 970 3,709 io 160 5,051 1,420 173 loo 300 173 3.331 300 3,231 Total Recei ts 20.331 4,512 24.843 30,558 ments Diocesan Costs/Assessment Church Running Costs Glebe Costs Administration Costs Charitable Donations Sundry Expenses Fundraising Costs 15,012 1.665 870 627 275 1.039 loo 15,012 1.665 5,384 652 475 1,039 loo 13,269 1,093 8.543 709 4,514 25 200 900 1.523 200 Total Pa ments 19,588 4.739 24.327 26,237 Excess of Receipt5 over Payments for the year before transfers 743 {227) 516 4,321 Transfers Exces5 of Receipts over Payments for the year 743 (227} 516 4,321 On behalf of the trustees: Rev Rebecca Guildea Elizabeth Ovens {Treasurerl Date.... Page 8 Slavin Parish Church Statement of Assets and Liabilitie5 as at 31 December 2024 Unrestricted Fund5 2024 Restricted Funds 2024 Endowment Funds 2024 Total 2024 Total 2023 Cash Funds Current Accounts Tolal Cash Fund> 99.045 99.045 2.663 2.663 101,708 101,708 101,192 101,19Z Investment Assets Investments in RCB I CIT Unit Trusts Total Investment Assets 180 180 180 180 Assets retained for the Parish's own use Fixtures and Fittrng- Total Assets retained for the Parish's own use On Behalf of the Trustees ev Rebecca Guildea Elizabeth Ovens (Treasurer) Page 9 Slavin Parish Church Notes to the financial statements for the year ended 31 December 2024 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 Asset5 and Liabilities (al 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. Ib) Statement of A55ets and Liabilities (i) Assets retainedfor the Porish's own use The assets of the Parish, retained for its own use comprise:_ Church Building and Graveyard The Church Building and Graveyard are deemed to be Heritage a55ets as defined by the Charities 50RP IFRS1021 These Heritage assets are not included in the statement of assets and liabilities as information on the C05t 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,C￿0 in the accounts of Garrlson Parlsh, beln8 the estlmated fair value of the property at 31 December 2021. No depreciation has been provided on the glebe house as the current estimated residual value is not le55 than it5 carrying value and the remaining useful life currently exceeds So years. ii) Investments Investment in RCB/CIT Unit Trusts are initially recorded at Cost. The market value of investments at 31 December 2024 is £479. Proceed5 From Fundraising Events 2024 Unrestricted 2023 Restricted Unrestricted Restricted Recycled Clothes Sale of Books Sale of Work Table Quiz Proceeds Hog Roast Proceeds Fashion Show 225 125 1,260 282 70 1,172 970 1.224 962 2.185 1,610 970 1.524 Page 10 Slavin Parish Church Notes to the financial statements for the year ended 31 December 2024 (continued) Other Receipts 2024 2023 Unrestricted Unrestrirted Unrestrirted Restritted Church Magazines NIE loo 120 600 Share of Rectory Expenses 3,229 3.231 4,320 4,322 loo 720 Grants 2024 Unrestricted 2023 Restricted Unrestrirted Restrirted FODC Ferm3nagh Trust- Wind farm grant 300 270 400 750 300 270 1.150 Glebe Costs 2024 Unrestricted 2023 Restrirted Unrestricted Restricted General Account Rectory Account 870 1.065 4,514 4,514 7.478 7.478 870 1.065 Expenses paid from the Rectory Account relate to the joint Glebe House for the Parishes of the circuit. The Parishes each contribute towards the cost. Expenditure from the General Account reflects Slavin Parish's share of costs. Page 11 Slavin Parish Church Notes to the financial statements for the year ended 31 December 2024 (continued) Charitable Donations 2024 Unrestrirted 2023 Restricted Unrestricted Restrirted C.M.S. Bible Society The Royal British Legion L.E.M.O.O.S 50 50 50 50 25 25 loo 100 Crosslinks Pancreatic Cancer Cvcle Bishops Appeal 50 50 25 200 600 275 200 300 600 Page 12 Slavin Parish Church Note5 to the financial 5taternents for the year ended 31 December 2024 (continued) Sundry Expenses 2024 Unrestricted Restricted 2023 Unrestricted Restricted Church Reports Magazines Organist th 5 Sunday May Collection to Rectory Harvest Concert Music Sunday School Prizes 2 Signs Presentation to Florence Earls Visiting Preachers Easter Books Communion Wafers Confirmation Bibles Group of Parishes Website 24 Hour firner Confirmation notebooks Rev Rebecca- Youth Bible5 Flowers FMC Fire Extinguishers Delene Saunderson- FlowerArranger 105 loo 200 loo 120 200 74 160 260 90 20 loo 94 20 40 25 31 12 32 24 45 200 1.039 225 200 1.428 25 Current Accounts and Cash 2024 2023 General Account Fixed Term Deposit Building Society Rectory Account 52,391 32,403 14.251 2,663 101,708 51,810 32,403 14,089 2,890 101,192 Reconciliation of Cash Funds 2024 2023 Total Cash Funds at Beginning of the year Receipts for the Year Payments for the Year Total Cash Funds at end of the year 101,192 96,871 24,843 30.558 124.3271 (26,2371 101.708 101,192 Page 13 Slavin Parish Church Notes to the financial statements for the year ended 31 December 2024 (continued) 10. Movement in Funds Atljan 2024 Incoming Resources Outgoing Resources At 31 Dec 2024 Transfers Endowment funds RCB Unit Trusts 180 180 180 180 Restricted funds Rectory Fund 2.890 2.890 4.511 4.511 4,738 4,738 2,663 2,663 Unrestricted funds General Fund Fixed Deposit Fund Progressive Building society 51,810 32,403 14.089 98,302 20.179 19,598 52,391 32,403 14,251 99,045 162 20.341 19,598 Total funds 101.372 24,852 24,336 101.888 Pur Oses of Endowment Funds Income from the Bequests and Legacies are used for stipend and general purposes. Pur oses of Restricted Funds The Rectory account are funds used for the enhancement of the Church Rertory 11. Transactions with the Trustees The parish paid expenses of £870 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.