DERRYVULLEN NORTH PARISH CHURCH TRUSTEES, ANNUAL REPORT AND STATEMENT OF RECEIPTS AND PAYMENTS AND ASSETS AND LIABILITIES FOR THE YEAR ENDED 31" DECEMBER 2024 CHARITIES NO NIC 105474 DERRYVULLEN NORTH PARISH CHURCH ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31- DECEMBER 2024 CONTENT Page References and administrative details of the Charity Trustees Report l and2 3,4,5and6 Independent Examiners Report to the Trustees Receipts and payments accounts Statement of Assets and Liabilities 8, 9, 10, 11 and 12 13 Notes to the Financial statement 14, 15, 16, and 17 DERRYVULLEN NORTH PARISH CHURCH References and administrative detslls Charity Name: Derryvullen North Parish church Charity Registration Number: NIC105474 Contact Address: The Rectory 5 Enniskillen Road INinestown Co Femianagh BT94 IBD Trustees Archdeacon The Ven.Canon Paul Thompson Mr E H Moore Mr N Hunter Mr D Robinson Mrs A Stubbs Mr N Scott Mrs l Gibson Mr S Johnston Mr R Walker Mr S Allister Mr R Coalter Mr RAllen Mr M Hunter Mrs M Humes Mrs V Hughes Mr D Dunlop Mrs L Thompson Prlnci al Office-bearers Rector: Archdeacon The Ven. Paul Thompson Rectorfs Church Warden: Mrs L Thompson People's Church Warden." Mr S Allister Rectorfs Glebe Warden: Mr R Allen People's Glebe Warden: Mr M Hunter Church Treasurer. Mr51 Gib50n Church Secretary: Mr E H Moore Inde ndent Examiner Mr Joseph Crozier ACIS 37A Belmore Street, Enniskillen, Co Fennanagh BT74 Princi al Bankers Danske Bank Business Bankin& 183 Donegal Square West. Belfast BTI 6JS Trustees, Annual Report for the year ended 31st December 2024 The Trustees present the Annual Report and statements of Receipts and Payments and Assets and Liabilities for Derryvullen North Parish Church for the year ended 31st December 2024 Objectives and Activities Derryvullen North Parish Church operates with the charitable purpose of advancing religion. The core mission of Derryvullen North Parish Church focuses on supporting the advancement of the Christian faith by fosterin& through our parish ministry, the complete mission of the Church-pastoral care, evangelistic witnes5, social action, and ecumenical partnership. Maintaining openness to and active engagement with the wider community, while providing assistance to those requiring support, represents the cornerstone of our practical Christian ministry. Our Parish aims to promote the mission of Christ's Church through worship, sen￿lCe. and fellowship. These goals are accomplished through our mission and pastoral work. Public worship and the spiritual nurture of our members constitute the fundamental activities of our Church. The achievement of our mission depends significantly on the generous contributions-both personal and material of many volunteer parishioners. Their involvement includes worship preparation and participation, Select Vestry serrfice and group activities, premises and fabric upkeep, plus numerous pastoral and social initiatives. These contributions are deeply valued, and we encourage all congregation members to participate, with many actively involved. Through our commitment to advancing the Christian faith, Derrywullen North Parish Church maintains custody of property, records, materials and artefacts of considerable cultural and religious heritage importance, the stewardship of which is managed by the select vestry of Derryvullen North Parish Church. Achievements, Performance & Public Benefit The Parish has thoroughly considered the Charity Commission for Northern Ireland's public benefit guidance to ensure our annual activities advance our Parish objective5 while delivering meaningful public benefit. Derryvullen North Parish Church accomplishes its mission through regular Sunday worship encompassing Holy Communion, Morning Prayer (both traditional and contemporary styles), and Services of the Word. The Incumbent leads these services with assistance from a Parish Reader and a team of pari5hioner5 who 5UPPOrt with scripture readings and occasional intercessions. A committed and talented group enhances our worship space through weekly sanctuary decoration, enriching our time of corporate worship. The Parish provides comprehensive pastoral care and support to all associated with the Parish who seek such ministry. This encompasses continuous pastoral care plus speciali5ed crisis support and emergency pastoral intervention. The Incumbent 15 SUPPOrted in this work by a Diocesan Pastoral Assistant. Pastoral Care is delivered through home visits, hospital and care facility visits, and the provision of Holy Communion to those who are ill. elderly, or housebound. The Parish deliver5 liturgical and pastoral ministry through the Occasional Offices-baptism, confirmation. marriage, ministry to the sick, and burial sep4ices. Our flourishing Sunday School currently maintains 45 children on the roll. Beyond Sunday School participation, young people make distinctive contributions to services throughout the year. We also celebrate an annual Children's Day Service and observe both Mothering Sunday and Fathers, Day. Sunday School members serve monthly as Junior Ministers, assisting in worship leadership. This develops their confidence and emphasises their integral role within the church community. A vital aspect of Sunday School ministry involves or8anising gift collections for our local Food Bank. The Parish celebrates the principal festivals of the Church Year including: Harrfest, Christmas, Easter and Remembrance Day. Special highlights include our Harvest Thanksgiving with its magnificent decorations and Sunday evening Harvest Supper. The Christm35 Midnight Holy Communion Service remains exceptionally popular and cherished. The Parish supports various attive groups: Boys, Brigade, Craft Group, Bowling Club, Choir, Walking Group, Catering Group and, in partnership with Castle Archdale parish, the Mothers. Union and Women's Group. These provide diverse social opportunities and avenues for ministry and ser4ice throughout the year. One Mothers, Union office holder has a particular ministry supporting housebound members. Our monthly Shoppers, Service continues at the parish centre, creating opportunities for fellowship and community conversation. The Parish engages with the broader community through our Rector's membership on the Board of Governors of the local Irvinestown Primary School, where he also regularly conducts school assemblies. Going Concern The trustees have examined projected budgets for the forthcoming year and confirm that sufficient resources are secured to enable the Parish to maintain its activities. Accordingly, the financial statements for year-end 2024 may be approved on a going concern basis. Structure, Governance and Management Governing Document and Constitution of the Charity Parish and Parochial Organisation operates under Chapter111 of the Church of Ireland Constitution. Select Vestry members serve as the Charity Trustees. Recruitment and Appointment of Select Vestry Church of Ireland members aged 18 and over who either reside within the parish or live elsewhere but have been regular congregation members for at least three months may register as general vestry members. This registration enables attendance and voting at general vestry meetings and eligibility for selert vestry election. General vestry meetings occur at least annually. The Select Vestry is chosen during this General Vestry meeting. Select Vestry members serve one-year terms and may seek annual re-election without term restrirtions. Payment and Remuneration The Incumbent ministers to both Derryvullen North Parish and Castle Archdale as a grouped ministry and receives stipend, office and travel allowances according to General Synod of the Church of Ireland approved rates. Organisational Structure Day-to-day parish management remains the selert vestry's responsibility. The select vestry comprises the serving parish clergy, churchwardens, glebe wardens. and typically no more than twelve additional general vestry members elected at the Annual General Vestry. The incumbent or officiating clergy member chairs the select vestry. Select vestry members make decisions on matters of general parish interest and significance, including parish fund allocation. The Select Vestry convenes at intep4als determined by members or the diocesan synod. Signed on behalf of the Trustees, Trustee I Rector Trustee 2 Parish Treasurer Date Iio las . Independent eiaminer's report to the charih" trustees of Dernry'ullen North Parish Church I rLport on the accounts ot" the charitN: for the N:ear ended i l December ?0?4. which are set out or. pages ? to 3 Respective responsibilities of charity trustees and examiner As the Lhariti s trustees yoii are responsible t-or the preparation of the accounts in accordance i¥ith the Charities Act (Northern Ireland) ?008. It is MN. responsibilitv to: examine the accounts under seciion 65 of the Charities Aci follow the procedures laid doii:n in the general Directions Qiiren bj. the Coinniission under seeti()n 6i(91(b) ot'the Charities Act slate w'hether particular niatters have come to m}, attention BasAS of independent examiner's report I haN'e examined iiour charit)" accoiints as required under sectioii 6) of the Charities Act and my exaniination was carried out in accordance ￿'1th the oeneral Directioiis gii.'en by the Charit>, Cornniission for Northern Ireland under 6i{911b) of the Charities.4ct. AN, cxamination included a reTr'ieM' of the accountinc) records kept by the cliarity, and a comparison ol. the aCLounL% presented Ni"ith those i'ecords. li also included consideration of any unlisual iiems or di8closiires in the accounts and seeking explanations from you as charilli trustees coiicerning) aiiv sucn matters. Mi, role is to state Nvhether niaterial matters have come to mi, attention giving me cause to believe: l . 'Fhat accounting reLords ￿"ere not kept in accordance ￿..ith section 63 of the Charities .4ct That the accounts do not accord ￿'1th those accounting records That the accounts do not compl￿. with the accountino requirements of the Charilies Act 4. That there is further int-arniation needed for a proper understandino of the accounts to be reached Independent examiner's statement I hal'e completed m). examinations and have no concerns in respect of the niatters { l ) to {4) listed above and. in connection8 ￿,.Ith follom'ing the Directions of the Charit) L ominission for Northern Ii'eland. I hai'e found no matters that require draw"'ing to ) our altenlion. Sioned.. R J Crozier Accountant & T&i Consultant Address . 'Shiloh':Aughadarra. Dromore Co Tlrrone BT78 JDL Date 17 April 20?5 ,1oL Iiii= Y4111ts1'idilli 11111 DERRYVULLEN CHURCH OF IRELAND STATEMENT OF ASSETS & LIABILrrIES AS AT 31 DECEMBER 2024 Unwth¢Xed Desiqnated Restri(aed ErNJowm Funds Funds Totsl Total FuTrJs 2023 2024 2W24 21Y24 2024 2024 Cash Fund¥ General Purposes A¢coLml 115.372.75 250.10 115.622.85 w.907.11 Fixes Term Deposlt 250.(o).rxi 250,(*JJ. Maintenance Accr 42.524.47 42,524.47 DN North Ltd CurrentAcc. 5.670.75 5,670.75 &951.C Totsl Cash Funds 413.567.97 250.10 413.818.07 4w,448.04 FLxed Tgmi Dep￿1 Account Bequests 25.007.31 25.007.31 22m.61 RCB Inve8trnents 278.340.00 278.340.(J) 273Th.Lb) 303.347.31 303.347.31 th.0tsfj1 Parish's own u80 Church H811 531.451.(rfJ 531,451.th) 531A51.0) Rectory 458.146. 458.146.00 4Sry.140. Parish Centre 2(6.(KKI.I Shop, Main Street 2￿.{￿N).[￿l 29).￿0.￿ 2￿c￿L( Bungalow. Lisnarith Riwl 200.0￿. 2￿.o￿.ThJ x¢J.1(¥).￿) Totsl Assèts r•tslTwd lor the Parlsh'8 ovm u$¢ 1.645.597.IXI 1.645.597.￿) i.w.$97.C Total Ass•ts 2,059,164.97 250.10 303.34721 2.362.762.38 Iw121.25 NOTE: Thg two above (Shop. IAain Street & Bung#ltyw. L1sftarf￿ RoadP ltyftto the Partsh by th• l•t• Jackie Wrlght and the lato Wllll•m HIIL r•sp•ctivety. Tlw arn adminlstered on l)ehalf of th• Pari8h by Derryvullen North Ltd. Approved by the Trustees and stgned on their behalf by.- TTU8ts• 1 TTUSt•• 2 Church Tfwsurnr Date 01104r25 Is Notes to the financial stateEnents for the year endcd 31° December 2024 l Accounting Policies Set out below are the principal accounting policies which have been adopted in the compilation of the Receipts and Payments Account and Statement of Assets and Liabilities. (a) Receipts and Payments Account All ite of inci)me and ex￿id[tU￿ included within the teceipts and payments account have been accoun r on a cash receipt basis- (b) Statement of Assets and Liabilities (i) Assets retained for the Parish's own use The assets of the ParisK retained for its own use coniprise of :_ Church Building and Graveyard Glebe House l Rectory • Church Hall • Parish Centre The Church Building and Graveyard a￿ deemed to b¢ Heritage assets &s defined by the Charities SOIV (FRS 102) These Heritsge assets are not included in the statement of assets and liabilities as infornlation on the cost or valuation is not available and such inforniatlOD cannot b¢ obtain¢d at a cost cornmensurate with the IKnefit to the users of the accounts and to the Parish. The Rectory is recognised at cost / deemed cos¢ being the estimated fair value of the property at £458,146. No depreciation has been provided on the Rectory as the current estiJnated residual value is not less than its carrying value and the remaining useful life currently exceeds 50 years. Church Hall Is recognised at cost of construction / acquisition. No depreciation h&$ been pmvided on the Church Hall buildings as the current estimated rcsidual value is not less than its carrykng value and the remaining useful life exceeds 50 years. Parish Centre Is r¢¢ognised at cost of construction / acquisition. No d¢preciation has provided on the Parish Centre buildings as the curr¢nt estimated residua] value is not less than its carrying value and th¢ r¢maining useful life currently exceeds 50 years. (li) Inv¢stm¢nts Fixed asset investments comprising Bwuest& Representative Church B￿Y (RCB). Church of Ireland Trustees Investtnents are initially rewrded at cost and are then subsequently stated at fair valu¢ at ¢ach y¢ar end date. Reconciliation of cash funds Total cash funds at the beginning of the year £358107.21 Receipts for the year £146971.00 Payments for the year £389455.36 Total cash funds at the end of the year £115622.85 J£ Pu oses of Endowment Funds Bequests and RCB investments relate to various permanent endowments that the Church ha5 received that are invested with RCB and the Church of Ireland Trustees with the income each year from such investments being paid to the Church for general Church purposes. Pur oses of restricted funds Sundry restricted funds: These relate to various sundry restricted monies ￿Ceived. Special collections for third parties. Tuesday Club these funds are set aside for the activities of the club. 4 Collectlons for third arties I" Irvinestown Boys Brigade £532.60 R B L Poppy Appeal £846.70 CMSI- re Rev A and Mrs J Quill £1368.57 Clogher Diocesan M U Fund £538.50 SANDS re Women's Group £1850.00 Air Ambulance Nl £883.58 USCA- Benevolent Fund £527.92 Fermana8h Women's Co Grand Lodge (USC Museum £267.03 The above amounts have been included in receipts for the year under-donation5 and plate collections" and in payments for the year under "donations to Charities and Mission 5 Transactions wlth Trustees Th Rector v￿S paid £542.40 relating to purchase of sundry items and edua*ional materials for use in Church and telephone charges. £1537.06 was paid to Trustee MR D Dunlop for materials purcha*d for sundry repairs to Church properties. £566.24 was paid to Trustee Mrs A Stubbs for wreath rings to make wreaths for Christmas sale £3165.00 was paid to Trustee Mr N Hunter for work carried out on hall refurbishment. Governance costs of £966.00 relates to fees paid to the independent examiner. Govemance costs are included with the financtal and professional cost in the receipts and payments accounts