## HOLY TRINITY CHURCH DROMOR£ 

SOWINC S55DS, cRDWINc CDMMlNI ~~I~~ '( 

## FINANCIAL ACCOUNTS FOR YEAR £ND£D 

## 31 **ST** DECEMBER 2023 


**CHARIT ES NUMBER: NICt 05467** 

**Page 1** 



HOL Y TIUNITY CHURCH DROMORE
References and administrative details
Charity Name:
Holy Trinity Church Dromore
Charity R¢gistration Number:
NIC105467
Contact Address:
The Rectory
19 Galbally Road
Dromore
Co Tyrone
BT78 3EE
Trustees
Mr Clive Armstrong
Mr Robert Arnistrong
Mrs Valerie Bleakley
Mr Gordon Deazley
Mr Gregory Deazley
Mr Joseph Farrell
Mr Robert Farrell
Mr Charles Kenwell
Mr Jonathan Keys ceased 26109123
Mr Stephen Keys
Mr Victor Keys
Mr Charles Mills
Mr Keith Patterson
Rev Andew Quill ceased 31108123
Mr Ynyr Smith
Mr Hugh Smyth
Mr Robert Thompson
Princi
al Officewbearers
Rector:
Rector's Churchwarden
People's Churchwarden
Rector's Glebewarden
People's Glebewarden
Church Treasurer
Church se¢￿tary
Vacant
Mrs Val¢ri¢ Bleakley
Mr Robert Thompson
Mr Ynyr Smith
Mr Hugh sM￿h
Mr Charles Kenwell
Mr Clive Arnistrong
Church O
anists
Mrs Loma Thompson
Mrs Beatrice Keys
Inde
endent Examiner
R Cathers & Co
Chartered Accountants & Registered Auditors
107 Main Street, Fintona
Co Tyrone
Princi
al Bankers
Ulster Bank Limited
14 High StreeL Omagh, Co Tyrone
Page 2

Trustees, Annual Report for the year ended 31 December 2023
The trustees present the annual ￿port and statements of Receipts and Payments and Assets and Liabilities
for Holy Trinity Church Dromore for the year ended 31 DecemlKr 2023.
Ob'ectives and Activities
The charitable purpose of the Church of Ireland is the advancement of religion.
The principal function of Holy Trinity Church Dromore is to support the advancement of the Christian
religion by promoting, through the work of Holy Triniiy Church Dromore 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 benefits of
Christianity.
As a resuli of activity in the pursuit of the advancement of the Christian religion, Holy Trinity Church
Dromore has custody of property and of records, materials, and artefacts of significance to ihe cultural and
religious heritage of the aro the maintenance of which is undertaken by the S¢lect Vestry ofHoly Trinity
Church Dromore.
Achievements Performance & Public Benefit
Holy Trinity Church Dromore has offered both 'in-Church worship, and online services on Sunday mornings
and at other times. All services were streamed through Facebook Live and later uploaded to YouTube (61
services in 2023). CDS and DVDS of the services were produced for those parishioners who were housebound
or who did not have access to the Internct and were then del ivered by a small team around the 1￿me$.
A range of other activities was also provided by Holy Trinity Church Dromore either by the Church directly
or through various Church organizations (e.g. Junior Sunday School, Church Lads, Brigade, Girls, Friendly
Society, Ignite Youth Group, Prayer & Bible Study and Mothers, Union). Our Parents and Toddlers group
(The ARK), which has good cross community support, continues lo have its weekly meetings,
Parishioners continue to support the Enniskillen Foodbank, through regular donations of food brought to the
church porch or to the Rectory and then delivered to Enniskillen. Over the past year this has arnount¢d to
substantial amounts of food and other items being donated to the FoodbanK as w¢ll as moncw donations.
Some parishioners hav¢ also helped from time to time at the Foodbank.
A number of members of Holy Trinity Church Dromore serve on the Board of Governors of the local
Dromore Controlled Primary School and supw)rt and encourage the work of the school helping to maintain
good slandard5 and practices.
From its first support in 2009 and continuing to the presenL Holy Trinity Church Dromore continues to
fundraise for the Fields of Lifc Charity, providing ¢ducational opportunities for deprived cmmunities in
East Africa. This is done through donations, clothes collections, events, and a child sponsorship programme.
Page 3

Trustees, Annual Report for the year ended 31 December 2023 (continued)
Holy Trinity Church Dromore supports the work of several other charities and missionary work by either
making donations or holding special collections in respect of same.
The activities outlined al)ove demonstrate how Holy Trinity Church Dromore continues to irnplement its
charitable purposes (i.e. the advancement of religion) and meet the Public benefit requirement. Benefits to
Members of the public include contributing to spiritual well-being of participants and the reinforcement of
Christian values. It is hoped that more activities will take place during 2024 in partnership with other
denominations in the local area.
Holy Trinity Church Dromore continues to support our bereaved members by providing funeral teas on our
premises. This has been facilitated by our Mothers. Union and friends and was much appreciated by those
families affected.
All our helpers have participated in Good Food Hygiene Courses and this will continue on an on-going basis.
Holy Trinity Church Dromore has mitigated any potential ham] from the activities ihrough the
implementation of the Church of Ireland policy on Safeguarding Trust. We have also drawn up and are
implementing a policy on GDPR and continue the process of getting positive consent from those currently
on our register.
Holy Trinity Church Dromore has given careful consideration to the Charity Commission for Northern
Ireland's guidance on public benefit to ensure that the activities entered into during the year have helped to
achieve the Parish's objectives, as well as providing public benefit.
Financial Review
The principal source of income of Holy Trinity Church Dromore continues to be from Donations
Plate Collections and Investment Income from Endowments, as well as the receipt of occasional
Legacies.
The principal expense of Holy Trinity Church Dromore is in respect of payments regarding Diocesan
CostslAssessment.
Holy Trinity Church Dromore had a surplus of receipts over payments of £26,114.02 for the year
ended 31 December 2023.
Holy Trinity Church Dromore continues to be in a healthy financial state as at 31 December 2023
with total cash funds of £99,600.02.
Holy Trinity Church Dromore aims to retain sufficient reserves to meet its expected future
expenditure requirements as well as potential future capital projects.
Page 4

Trustees, Annual Report for the year ended 31 December 2023 (continued)
Goin
Concern
The trustees have reviewed the planned expenditure for the y¢ar ahead and are satisfied that there are
adequale funds in place to ensure that the Parish can continue its activities and the financial w)jections for
the year ahead to 31 December 2024 can be signed off as a going concern.
Structure Governance and Mana
ement
Governin
Documenl and Constilulion o
the Chari
Chapter 111 of the Constitulion of the Church of Ireland gov¢ms Parishes and Parochial Organisation. The
Select Vestry members are the Charity Trustees.
Recruliment and A
nlmenl o
Select Vest
Trustees
All members of the Church of Ireland who are over the age of18 and are either resident withinthe Parish or
live ¢lsewhere but have been accustomed members of the congregation for at least th￿ months may register
as members of the Generdl Vestry of the Parish. allowing them to attend and vote at meetings of the General
Vestry and to stsnd for election to the Select Vesty. 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 temis which may be served.
anlsalional Siruclure
The Select Vestry is responsible for the day to day management of the Parish. The Select Vesty 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 elected at the G¢neral Vestry meetin8.
The Seleci Vestry is chaired by the Incumbent or other member of the clergy officiating in the Parish. Select
Vestry m¢mbers are resp)nsible for making decisions on matters of general concern and imFQrtance 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 meetAngs may be
convened at any time by the chairperson or the Churchwardens. In 2023 the Select Vestry met 7tirnes during
the year and the average attendance was 81 %.
Co
liance wlth Publlc Bene
The Parish has given careful consideration to the Charity Commission for Northern Ireland's guidance on
public benefit to ensure that the activities entered into during the year have helped to achieve the Parish's
objectives and activities, as well as providing public benefit.
Page 5

Trustees, Annual Report for the year ended 31 December 2023 (continued)
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 (excluding Endowment
Income) requires the trustees to prepare a statement of ￿eIptS 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 delection of fraud and other irregularities.
Signed on Behalf of the Trustees
Trustee I
cg fA
Trustee 2 Charl￿ K￿elL
Church Treasurer
Date
2024
Page 6

r cathers - co.
-4ARTERED ACCOUNTANTS
& gEGISTEREO AUDITORS
Independent examlnerfs report to the charity trustees of
Hoty Trinity Church Dromore Icharity no. 105467)
I report on the accounts of Holy Trinity Church Dromore for the year ended 31 December 2023.
Respectlve responsibllltles of charlty trustees and examlner
A5 the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities
Act (Northern Ireland) 2008.
It 55 my responsibility to..
examine the accounts under section 65 of the Charities Act,.
follow the procedures lald down in the general Directions given by the Commi55ion under section 6519llbl
of the Charities Act,.
state whether particular matters have come to my attention.
Basls of Independent examlnerfs report
I have examined yovr charity account5 as required under section 65 of the Charitles Act and my examlnatlon 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 examlnatlon Included a revlew of the accountlng records kept by the charity and a comparison of the accounts
presented with those records. It a150 included consideration of any unusu31 items or disclosures in the accounts.
and seeking explanations from you as charity trustees concernin8 any such matters.
My role is to state whether any materlal matter5 have come to my attention giving me cause to belleve,.
That accountln8 records were not kept in accordance with section 63 of the Charitles Act;
That the accounts do not accord with those accountin8 record5,'
3. That the accounts do not comply with the accountln8 requirements of the Charities Act,.
That there is further information needed for a proper understandSn8 of the accounts to be reached.
Independent examlnerfs statement
I have completed my examination and have no concerns in respect of the matters111 to141 listed above and, in
connection with followin8 the Oirections of the Charity Commission for Northern Ireland, I have found no matters
that require drawing to your attention.
Rlchard Cathers FCA
Chirtered Accountant
107 Maln Street. Flntona, Co Tyrone. BT78 2AH
Date . 9 Aprll 2024
107 Main Street Fintona Co.TyTone 8T78 2AH
028 82 440 744 G info@rcathars.com
%Mwl.rcathers.c￿m
or*2
i _g•th>r< Fr.a
CHARTERED
ACCOVNTANTS
IRELA.ND

HOLY TRINITY CHURCH DROMORE - NIC 105467
STATEMENT OF R•c•lpts & Payments lor th• yaar •nd•d 31 D•c•mber 2023
Unrestrlctsd
Funds
1)oslgnated
Funds
Restrlct
Funds
Endowment
Funds
Tetal
Funds
Prgvlous Year
2022
INCOME
DONATIONS & PLATE COLLECTIONS
59.986.24
200.00
3,186.16
0.00
0.00
63,372.40
0.00
69,299.14
227,000.0(
131.3(
LEGACIES
0.00
0.00
BANK & SUNDRY INTEREST
523.11
80.00
0.00
603.11
of I TRUSTEE WITHDRAWAL
0.00
0.00
0.00
80.OW.O(
34,781.11
3,760.2.,
1,467.01
INVESTMENT INCOME
34.977.21
7,567.80
3,645.25
10,367.61
0.00
34,977.21
7,567.80
3.645.25
10,367.61
991.60
RENTAL OF PREMISES
0.00
0.00
OTHER RECEIPTS
0.00
0.00
0.00
FUNDING EVENTS
PAYMENTS BY PARISH ORGANISATIONS
991.60
0.00
0.00
1,760.41
418,199.4:
TOTAL RECEIPTS
117,067.22
1,271.60
3,186.16
0.00
121,524.98
Unrestrlcted
Funds
Deslgnated
Funds
Restrl¢tod
Funds
Endowment
Funds
Total
Fund¥
Prevlous Y￿r
2022
EXPENDITURE
DIOCESAN COSTSIASSESSMENT
60,849.68
11.561.82
6,712.96
8.426.78
0.00
0.00
87,551.24
0.00
,849.68
13.076.01
6,712.96
8.426.78
8,345.53
0.00
51,955.51
12.118.9-
4,011.0-.
11.032.11
7,484.71
CHURCH & HALL RUNNING COSTS
1,514.19
0.00
GLEBEIRECTORY COSTS
0.00
0.00
DMINISTRATIVE COSTS
0.00
0.00
0.00
CHARITABLE DONATIONS
6,345.53
0.00
0.00
PAYMENTS BY PARISH ORGANISATIONS
0.00
1.514.19
6,345.53
0.00
95,410.96
87,830.0.
AC
UISITIONS
0.00
0.00
0.00
0.00
156,500.01
FU14DS TRANSFERRED TO INVESTMENTS
0.00
0.00
0.00
0.00
230.263.7',
TOTAL PAYMENTS INCLUDING FUNDS
TRANSFERRED TO INVESTMENT
87.551.24
1,514.19
6,345.53
0.00
95,410.96
474,593.71
(DEFICIT) EXCESS
29,515.98
-242.59
-3,159.37
0.00
26,114.02
-56,394.S
TRANSFERS
Gross Iranslers between funds- in
ross Iranslers befr￿en funds -out
TOTAL
29,515.98
-242.59
-3,159.37
0.00
26.114.02
-56,394.S
Unrestrlcted
Funds
Designatsd
Funds
Restrlcted
Funds
Endowment
Funds
Total
Funds
Prevlous Year
2022
RECONCILIATION AT JIST D•c•mbK 2023
Cash al bank & in hnad al 01101123
£ 73,365.00
£ 29,515.98
£ 102,880.98
604.00
242.59
846.59
£ 3,895.00
-£ 3,159.37
£ 735.63
-£ 3,170.00
£ 73,486.00
£ 26,114.02
£ 99,600.02
£ 129,873.C
-£ 56,394.CKJ
£ 73,479.(MJ '
Surpluslldeficrtl this year end
Cash al bank & in hnad al 3111212023
-£ 3,170.00
Page I

HOLY TRINITY CHURCH DROMORE- NIC105467
Balance Sheet as at 31st December 2023
Unr•strl¢ted
Fund•
D••lgnat•d
Funds
Ro•trlct•d
Funds
Endown*
Fund*
Provlou• Y•ar
2022
RECONCILIATION AT J1ST D•¢•mb•f207J
Futh
Cash at bank & In hnad at 01101123
£ 73,365.00
.£ 604.00
£ 3,895.00
3,170.00
73,486.00
£ 129,873.00
Surpluslldefiall this year eThJ
£ 29,515.98
-£ 242.59
-£ 3,159.37
26,114.02
56,394.00
Cash at bank & in hnao ai 3111212023
£ 102,880.98
-£ 846.59
735.63
3,170.00
99,f£lO.02
73,479.00
Ca•h Funds
General Account No. 1
£60,449.39
£60,449.39
£34,092.78
Fields of Life Account
£29,558.93
£29558.93
£28.567.33
Hall Equipment Account
£6.321.43
£6.321.43
£7.555.62
Dromore Parish Youth Council Account
£944.20
£944.20
£944.20
Dromore Parish Ignite Account
£383.98
£383.98
£383.98
Holy Trinity Bowling Club Accounl
£289.55
£289.55
£289.55
The Ath Attount
£1.652.79
£9,591.9S
£1.852,79
£1.852.79
£73,486.20
Tol•l C•sh Pund•
£60.449.39
£29,008.93
£WOO.27
v•s
Glebe LandslFamiland
RCB Investments
Col Trustees Investments
£316.700.00
£311700.00
£154,889.iJ)
£1,035,042.96
£1,501631.96
316.7CvJ.Oi
150,377.(J
989,850.01
£1,466,927.00
£154,889.
£1,035.042.96
£1,189,931.96
T•t•l Inv••tm•nt A•Mts
£316.700.00
Ass•ts r•taln•d for th• Parl•h'•
own us•
The Old Rectory,
Glebe Hou$elRectory
Fixtures & Fittings
Total Ass•ts r•taln•d for lh•
Parlsh's own us•
156.500.00
64,416,57
5.167.24
1&,500.00
e4,416.57
5,167.24
1 S6.500,1)
64.416.5'
4,81S.11
226,083.81
0.00
2J,083.81
226.731.8'
Total Ass•ts
603,233.20
9,691.95
29,668.93
1,189,931.96
1.84316.04
1,766.144.9.
Page !

Notes to the financial 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 State 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
(i)
Assets relained for the Parish's own use
The assets of the Parish, retained for its own use comprise of.. -
l. Church Building and Graveyard
2. Church Hall
3. Glebe House/Rectory
4. Fixtures and fittings
The Church Building and Graveyard are deemed to be Heritage Assets as defined by the Charities SORP
(ERS102). These Heritage assets are not included in the Statement of Assets and Liabilities as infonnation
on the cost or valuation is not available and such inforniation cannot be obtained at a cost commensurate
with the benefit to the users of the accounts and to the Parish.
The Church Hall is physically attached to the Church and as such is not separable as an individual asset. As
such it is deemed to be a Heritage asset and no value is ascribed to it in the Ststement of Assetsand Liabilities.
The Glebe HouselRectory is recognised at COSL being the cost of construction of the property. No
depreciation has been provided on the Glebe House/Rectory as the current estimated residual value is not
less than its carrying value and the remaining useful life currently exceeds 50 years.
Fixtures and Fittings are recognised at cost and are depreciated on a straight-line basis over a period of 5
years. The Church has set a minimum threshold of cost for an item of £500 for it to be considered to be
capitalised as a fixed asset.
(li)
Investments
Fixed asset investments comprising Glebe Lands/Farniland, Representative Church Body (RCB)
Investments, Church of Ireland (COI) Trustees Investments and Other Listed Investments are
initially recorded at cost and are then subsequently stated at fair value at each year end date.
l. Reconciliation of Cash Funds
Total Cash Funds at Beginning of the Year
Receipts for the Year
Payments for ihe Year
Total Cash Funds at End of the Year
£73,486.00
£121,254.98
-£95,410.96
£99,600.02
Page 10

MOVEMEwf IN FUNDS (cowfiNUED)
Purposes of Endowment Funds
Both the RCB Endowment Funds and the COI Trustees Endowment Funds relate to various
perrnanent endowments (except for £151,606 of the COI Trustees Endowment Funds That is an
expendable endowment} that the Church has received that ar¢ invested with the Representative
Church Body and the Church of Ireland Trustees with the income each year from such investm¢nts
being paid to the Church for general Church purpo￿5,
Purposes of Restricted Funds
Fields of Life Fund: This is a fund that has been set up to assist with the work of the Charity Fields
of Life in Africa.
Fund for t)onations to meet Nominated Expenses: This is a fund for donations receiKd that are to
meet certain nominated expenses.
Restricted Hall Equipment Fund: This fund relates to monies specifically to assist in tkt purchase of
any equipment that might be needed for the Church Hall and Kitchen.
Fund for Collection for Third Parties: This fund ￿ lates to collections for third parties that are then
passed on to the respective third party. Further delails regarding this are included in Note 4 to these
accounts.
Purposes of Designated Funds
Bowling Club Fund: This fund ￿lateS to monies that have been set aside for the aaivities of the
Church's Bowling Club.
Hall Equipment Fund: This fund relates to monies that have been set aside to assist inthe purchase
of any equipment that might be needed for the Church Hall and Kitchen.
Ignite Fund: This refund relates to monies that have been set aside for the activities ofthe Church's
Youth Group called "Ignite"
The Ark Fund: This fund relates to monies that have been set aside for the activities ofthe Church's
Parent and Toddler Group called "The Ark" which serves the wider community.
Youth Council Fund: This fund relates to monies that have I￿en set aside for youth aolvities within
the Church.
2. Transactlon with the Trustees
An amount of £ 1000.00 was paid during the year to a Trustee, Mr Joseph Farrell. in rtspect of grass
cutting.
16.75 acres of farmland was let to a Trustee, Mr Hugh Smyth, during the year for a conacre rent of
£2550.00.9.26 acres of farniland was let to a Trustee, Mr Robert Farrell, during the year for a conacre
rent of £500.00
Page 11

Nots8 to the flnanclal Jtat&mènts for tho y91r endad 31st DDcbmbor 2023 Iconunuodl
MOVEMENT IN FUNDS
Assgts Acqulred
net of S810¥ and
Inc¢)mlng
Rg8our¢g8
Ouung
R•sour¢es
Revalu￿On
Doproclatlon &
Inwslmgnt
Galn (Los81
1st J•n 2023
Transfern
31th Doc 2023
ndowmonl Funds
CB Endo￿nen1 Funds
150,377.C
£ 4.512.00
154,889.(X)
l Truslee Endowment Funds
989.849.65
£ 45,193 31
£ 1,035,042.96
£ 1,140,226.65
£ 49,705.31
£ 1.189,931.96
trlcted Funds
*kJs of ￿fe Fund
28.567.33
991 eo
29.558.93
ui
ment Fund
-£ 500.
ctlon for Thlrd Partbe¥
2,385.
-£ 2,385.00
31.452.33
991.60
-£ 2,885.00
29.558.93
nrn•trlcted Fund•
I Club Flxed
289.$5
289.5S
ui
m&nl
7.055.62
280.00
-£ 1.014.19
6.321.43
ite
383.98
1.618.98
1,618.98
¢xrth Councll
gH.20
944.20
574,175 30
£ 29,091.71
603267.0.
684.467.63
É 29,371.71
1.014.19
612,825.15
T•t•l Funds
£ 1.756.146.61
£ 30,363.31
-£ 3.B99.19
£ 49.705.31
£ 1,832,316.04
Page 1