Enniskillen/Killadeas/Priory thurch/ClogherlChurch of Ireland Trustees, Annual report and Statement of Receipts and Payments and Assets and Llabilities For the year ended 31 December 2023 Charitles Number: NIC 105476
Killadeas Priory Churth Annual report arKI financial ststements for the year ended 31 December 2023 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 statements
Kllladeas Prfory Churth References and admlnistrative details Charity Name: Killadeas Priory Church Charity Registration Number: NIC 105476 Contatt Address". CIO 121 Lettermoney Road Ballinamallard Co Fermanagh BT94 2NF Trustees Rev Mark Gallagher David Wllllam Allen Colln Irvlne Paul Roycroft Ingrid McKeon Erica Mcclean Jennifer W. Klrkpatrick Evelyn A Cruwys Ella Deane Noel Deane Irls K Deane Mark Rogers Margaret (Grets) Beacom Diana Armstrong Ellzabeth (Betty) Booth Ronald G A Balfour Rector/Chairy>erson Diocesan Synodsman & Peopl¥s Glebewarden Rectorfs Glebewarden Parochial NominatOflPeople's Churchwarden Rectorfs Churchwarden Honorary Secretary HonoraryTreasurer Stewardshlp Recorder Gift Ald Secretary Princlpal Office-bearer Clergy: Rev. Mark Gallagher M.Sc. M.Th. Church Treasurer- Jennifer Kirkpatrick IMrs} B.A. Church Warden- aergy Ingrid McKeon Church Warden - People: Paul Roycroft Independent Audltor MrTimothy ELLIOTh M.A (Hons) Edin. Munville House LISNASKEA BT92 OQU Bankers Ulster Bank. 16 Darling Street. Enni5killen BT74 7HR. (Current AICI + (Business Reserve Alcl First Trust {AIB) 2-4 East Bridge StreeL Enniskillen BT74 7BT. (Deposit)
Trustees, Annual Report for the yr ended 31 December 2023 The trustees present the annual report and statements of Receipts and Payments and Assets and Liabilities for the Killadeas Priory Church forthe year ended 31 Dember 2023 Objectlves and Artivities The charitable purpose of the Church of Ireland is the advancement of religion. The principal funttion of the Killadeas Priory Church of Ireland Parish is to support the advancement of the Christian religion by promoting, through the work of the Killadeas Priory 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 artivity in the pursuit of the advancement of the Christian religion, the Killadeas Priory Church of Ireland Parish 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 Killadeas Priory Church of Ireland Parish. Achlevements. Performance & Publlc Benefit The Killadeas Priory Church has in its congregation a majority ageing population and therefore caters adequately for them. There is an active Mothers Union Group who meet monthly and organise outings as well. The fonner Tuesdav Club has been renamed as Parish Fellowship Group and meet regularly. They organise days away for their members, friends, relations and non members are also made welcome to come along. Sunday Worship tskes place weekly and on occasions such as Lent worship extends to twice weekly. During Holy Week nightly Services are held as are other Holy days celebrated. Unfortunately Sunday School is not active yet after the pandemic and due to a low number of children and absen of teachers. However they are welcome to come to Church with parent5 and the Rector sets out 3 Service to include children on one Sunday per month. Child protection policy is adhered to as stated per Church of Ireland Safeguarding Trust instructions. The Outreach Group formed in 2015 is open to anybody interested and a walking group has been added on Monday nights. The Killadeas Priory Church of Ireland is available for weddings and baptisms of persons not resident in the area and of mixed religion. The Old Graveyard within the Church Grounds is home to the Bishop5 Stone plus several other ancient Stones and remains a popular Northern Ireland Tourist attraction. Health & Safety Rules and Safeguarding Trust continue to be taken seriously by the Killadeas Priory Church of Ireland Parish. The Parish has given careful consideration to the Charity Commission for Northern Ireland's guidance on public benefitto ensure that the actives entered into during the year have helped to achieve the Parish's objectives and attivities, as well a5 providing public benefit. Financial Review Killadeas Priory Church of Ireland is in a healthy position at 31 December 2023. Goin8 Concern The trustees have reviewed the finances for the year ahead. The Trustees are satisfied there is adequate funds in pla to ensure that the Parish can continue its activities and the financial statements for the year ended 31 December 2023 can be signed off as a going concern.
Trusteeg Annual Report for the year ended 31 Dernber 2023 (continued> Strutture. Govemance and Management Governing Document ondconstftution of the Charity Chapter 111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The Selert Vestry members are the Charity Trustees Recrultment ondAppoirtmentof 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 è year. The Select Vestry is elerted as part of this General Vestry meeting. The Selert Vestry will hold their positions for a period of one year. Select Vestry members may be r&elected annually and there is no limit on the number of temis which mav be served. Pay and remuneratlon The Incumbent of the Parish stipend is paid in accordance with figures approved by the General Synod of the Church of Ireland as 15 his office and locomotory allowances. Organtsotlonolstructure The select vestry is responsible for the day to day management of the parish. The selett vestry consists of the member of the clergy serving in the Parish, the churchwardens. the glebe wardens and generally not more than Ie1ve 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 induding decidlng 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 Selett Vestry met 3 times during the year and the average attendance was 90%. Comp1[an wlth Public Beneft The Parish has given careful consideration to the Charity Ciynmission 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 actrvities, as well as providing public benefit. Statement of Trustee< Rtsponsa)ilities 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 appllcable to chartties in Northern Ireland with Income of less than £250,000 require5 the tru5tee5 to prepare a Statement of receipts and payments and a statement of assets and liabilities for each financial year.
Trustees Annual Report for the year ended 31 December 2023 (continued) Statement of TNstee< Responslbtllties (continued) 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 irregularities. Slgned on Behalf of the Trustees Trustee I JViiLpdr,th Jennifer Kirkpatrfck (Hon Treasurer) Trustee 2 Rev Mark Gallagher (Chaim)an) Date .
Inde endcnt Examiners Re ort to the Trustees of Killadeas Prio Church of Ireland I report on the Financial Statements of the Killadeas Priory Church of Ireland for year ended 31 December 2023. The Parish is responsible for the preparation of the Financial Ststements and considers that an audit is not required under Section 43 (2) of th¢ Charities Act and that an Independent Examination is needed. The examination includes a review of the accounting records kept by the Parish and a comparison of the Financial Statcments presented with thos¢ records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations concerning such matters. In connection with my examination nothing came to my attention which gave me cause to believe otherwise than that the Financial Statements accord with the accounting records of the Parish and those records satisfied the requirements of the Charities Act. l am not aware of any matter to which attention should be drawn in order to enable a proper understanding of the Financial Statements to be reached. Signed: Timothy Elliott ( A Hons) Business Studies Edin. Accountant and Independent Examiner
Killadeas Prlory Church of Ireland Recelpts & Payments Account for year ended 31 Dernber 2023 Unrestr'd Restrfd Endowm't Funds Funds Funds 2023 2023 Total Total RECEIPTS 2023 2023 2022 Christian Stewardship Envelopes Plate Collections Special Collections Donations Special Efforts Gift Aid 'Planned' on 2021 giving Gift Aid 'Once Off on 2021 giving Baptism/Burial/Grave Plots Interest on RCB/CIT Unit Trusts Power Nl - Wayleave Diocesan Magazine Missionary Box Total Receipts 23228.7 897.1 23228.7 22554.9 897.1 947.6 135 505.5 4466.9 5305 1815 2382.5 4763.5 5751.78 135 4466.9 1815 4763.5 150 708.16 15.47 150 708.16 15.47 306 iooo 674.57 13.96 306 36044.83 441 0 36485.83 39135.81
ReIpts & Payments Account for year ended 31 December 2023 Unrestr'd Restrfd Endowmt Totsl Funds Funds Funds 2023 2023 Total 2023 2023 2022 PAYMENTS Diocesan Assessment Church Expenses Insurance- Church & Hall Power Nl Church Repairs Rectory Expenses (113 share) Rectory Repairs Gratuities - Visiting Preacher Organist/Sexton & Grounds Ancient Graves maintenance S.School Prizes/Printing & Postage Charitable Donations Gift Aid Admin fees IRCB) Clogher Diocesan MU Area Servi Chamber Choirwest Choir Diocesan Magazine Bank Fees Youth Football Academy Cheque returned unpaid Totsl Payments 24575.04 1026.54 2627.56 3573.87 0 24575.04 20414.08 1026.54 884.4 2627.56 2444.24 3573.87 5223.91 1711.88 1711.88 1345.01 30 1136 1950 483.87 30 1136 1950 483.87 235.5 315.41 loo 3086 463.47 1561 349.75 294.5 532.5 235.5 315.41 306 306 124.17 124.17 300 250 38104.34 129.71 250 0 38645.84 36828.57 541.5 Excess of Reipts over Payments for the year 2022 before transfers 2307.24 Defecit of ReIpts over Payments for the year 2023- no transfers 2160.01 2160.01 On behalf of the Trustees: Trustee I T Ilirlfja h-l Trustee 2 Killadeas Priory Church of Ireland
ststement of Assets & Liabilities as at 31 December 2023 Unrstr'd Funds Restrfd Endow'mt Total Funds Funds 2023 2023 Total 2023 2023 2022 Cash Funds Current Account Deposit Accounts Total Cash Funds 39970 9998 49968 39970 9998 49968 42130 9916 52046 Investment Assets Equity Investments Other listed Investments Investment in RCB/CIT Unit Trust Other unlisted Investments Investment Properties Total Investment Assets 38475 38475 37348 38475 38475 37348 Assets retained for Parish own use Parish Centre Glebe House Fixtures & Fittings Total Assets retained for Parish's own use. 980QK) 981JOO 98000 5000 103000 50CHJ 103000 5000 103000 On behalf of the Trustees Trustee I J (é(rlli61 Iv, J Trustee 2 M 10.
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 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 (l) Assets retalned for the Parish's own use The Assets of the Parish, retained for its own use comprise:_ Church Building and Graveyard Parish Hall Fixtures and Fitting5 The Church Building and Graveyard are deemed to be Heritage Assets as defined by the Charities SORP (FRS 102). 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 Parlsh Centre The Parish Centre {Hall) is recognised at cost of construction, £98,000 in 2011. It is situated in Church Grounds but not attached to Church building. No depreciation has been provided on the Parish Centre as the current estimated residual value is not less than its carrying value and the remaining useful life currently exceeds 50 year5. The Glebe House The Glebe House is the property of our Sister Parish of St. Michael's, Trory and is therefore included in their Return. However. they have rewarded us with a IO% equity of the buildinglshould it ever be sold) in return for providing 113 cost {£20,000) of extensive renovations 2018/2019. Fixtures and Fittings are recognised at cost and are depreciated on a straight line basis over a period of five years. No threshold set for any item to be considered to be capitalised as a fixed asset. (2) Investments Fixed Asset Investments comprising investment in properties, investment in equities lordinary shares) and investment in RCB/CIT UnitTrusts are initially recorded at cost and are then subsequently stated at fair value at each year end date. Investments in unquoted investments are recorded at cost and are assessed annually for impairment.
Notes to the Financial Statements for year .' ended 31-Dec-23 {continued) 2. Reconcllation of Cash Funds Totsl Cash Funds at beginning of year 2023 Receipts for the year 2023 42130.06 36485.83 78615.89 38645.84 39970.05 TOTAL Payments for the year 2023 Total Cash Funds at end of the year 2023 Movement of Funds At l Jan Incomlng Outgoing 2023 Resources Resources At 31 Dec 2023 Transfers Endowment Funds 37348 1127 38475 RESTRicfED FUNDS General Fund:. Charitable Donations Diocesan Magazine 135 306 441 135 306 441 UNRESTRICTED FUNDS General Fund:_ Business ReseNe Account Organ Fund General Annual Transactions 6341.01 3575.62 42130.06 52046.69 69.52 12.64 36485.83 36567.99 6410.53 3588.26 38645.84 38645.84 0 49968.84 TOTAL FUNDS AT 31 DECEMBER 2023 £49968.84
Notes to the financial ststements for the year ended 31 December 2023 (continued) 4. Collection for Third Parties 2023 2022 Royal British Legion Chamber Choir Church Missionary Society Aisling Centre, Enniskillen ARC Healthy Living Centre Air Ambulance Nl Enniskillen Foodbank Youth Football Academy £235.50 £0 £0 £0 £0 £0 £0 £3CMJ £535.50 £2093.50 £311 £532.50 £250 £250 £250 £250 £250 The above amounts have been included in Receipts for the year under'special Efforts, and "Special Collections" and in Payments for the year under'charitable Donations,. Other Special Efforts proceeds have been retained in "Unrestricted, Parish Funds should a Diocesan or other worthy appeal be made in the event of an occurring emergency. 5. Transactions with Trustees The Parish paid expenses of £1711 1113 share} relating to expenses incurred at the Glebe House occupied by Rev Mark Gallagher and who is also Rector of our sister Parish, namely St. Michael's. Trory who pay two thirds of costs. 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. 6. Governan Costs Governance costs of £75 was incurred during the year of which £75 relates to fees paid to the Independent Examiner. Governance costs are included within 'Church Expense5, in the Receipts and Payments Accounts.