Holy Trinity Parish Church, Lisnaskea Trustees Annual Report and Statement of Receipts and Payments and Assets and Liabilities for the year ended 31.12.2023 Charities Number: 105489 Holy Trinity Parish, Lisnaskea Annual Report and financial Statement for the year ended 31.12.2023 Contents: References and administrative details of the Charity Trustee P,eport Holy Trinity Parish, Lisnaskea References and Administrative Details Charity Name: Holy Trinity Parish Charity Registration Number: 105489 Contact Address: Parish Office 147 Main Street Lisnaskea BT92 OJB Trustees Rev. W.A. Capper Mrs Hazel McDonald Mrs Linda Cassidy Mr Alan McDonald Mr Niall Hogg Mrs Hilda Latimer Mrs Heather Gordon Mr Gecffrey Kerr M rs Betty Jtorey Mrs Maxine Leary Mr Henry Mayne Mr David Doortan Mr Wilson Keith Principle Office Bearers Clergy Parish Secretary Parish Treasurer Church Warden (Clergy) Church Warden (People) Rev. W.A. Capper Mrs Linda Cassidy Mrs Maxine Leary Mrs Heather Gordon Vacant Independent Auditor Mr Timothy Elliott Munville Houise Lisnaskea Bankers Ulster Bank, 186 Main Street, Lisnaskea, Co. Fermanagh Trustees Annual Re ort for the ear ended 31st December 2023 The Trustees present the annual report and statements of Receipts and Payments and Assets and Liabilities for Holy Trinity Church, Lisnaskea for the year ended 31" December 2023. Objectives and Activities The Charitable purpose of the Church of Ireland is the advancement of the Christian religion. The princ.ipal function of Hclv Trinity Church, Lisnaskea is to support the advaiicement of the Christian religion by promoting, through the work of Holy Trinity Church, Lisnaskea, 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 activity in the pursuit of the advancement of the Christian religion, Holy Trinity Parish has custody of property and records, materials and artefacts of significance to cultural and religious heritage, the maintenance of which is undertaken by the Select Vestry of Holy Trinity Parish Church. Achievement, Performance and Public Benefit Purpose I: The expression of the precepts of the Christian religion through the engagement with the general public and in pa',"ticular with the disadvantaged, the sick, the elderly and the young is a public benefit. This can be measured and evidenced through increased social integration and pastoral care delivered at the point of need. The direct benefit of participation in Church life includes The enjoyment of public worship- services of Morning Prayer are held weekly on a Sunday with Holy Communion being administered on the first Sunday of the month. The Rector continues to share a sermon weekly with parishioners through 'Whatsapp'. A monthly service of Holy Communion, to facilitate those who cannot easily access the church. buildir.g, is held mid-week in the afternoon, using the Trinity Hall. Other Annual Services such as The Annual Remembrance Service for the local community were held. Services of Holy Matrimony and Funerals were held as the need arose. The giving and receiving of pastoral ministry through visiting the sick and infirm either in hospital or at home has re-commenced as well as in times of need such as a family death or time of crisis. (iii) Improved understanding of the values relating to civic engagement, community coherion and providing a bridge between diverse groups the Parish halls are regularly used bq local groups in the Community for weekly meetings or to hold an event. The groups using the halls cover a diverse range of activities including those to do with health, exercise and sport, leisure activities, heritage and are attended by people of all ages from the very young to the more mature. In the Spring, a Stew Night was held on St.Patrick's night and this was enjoyed by many. Later in the year a concert was held with a variety of local acts taking part including a malevoice choir (The Silvertones). (iv) The Parish continues to sponsor 4 children from overseas through money received on one particular Sunday per month and continues to support local and national charities with money received from parishioners through freewill, annual and harvest offerings. Parishioners support the annual shoebox appeal and donate food items for the loc-l foodbank. Improved educational outcomes through thè Church's ministry of teaching- Sunday School has re-commenced on the first and third Sundays of the month with parents assisting the rector in this and fun events have also been provided for the children. (v) The wider benefit to the public of these activities will outweigh any detriment arising in the course of Christian outreach. Any private benefit arising out of the fulfilment of our Christian ministry or to lay staff is essential to the fulfilment of the purpose of the.3dvancement of religion. No Trustee receives remuneration, reward or other private benefit for carrying out their Trustee responsibility. The Trustees have put in p.'ace strono policies t) rnitigate any potential harm to anyone partaking in Church activities or using the halls and have a child protection policy in place under the control of our Safeguarding Trust Committee. In order for these activities to take place, the Trustees ensure that the buildings are well maintained and meet the required safety standards for the community to use. Purpose 2: The.direct benefits flowing from the purpose include the provision of archive records, public enjoyment of cultural and historical buildings and artefacts such as church plate, furnishings ana mdterials as well as an overall improved appreciation of longstanding Christian heritage. This is demonstrated through ongoing provision of access to records and the use made of these records in, for example, research and genealogy, through conservation efforts in respect of records, property and artefacts and the subsequent use of our materials by wider society. There is no harm arising from the purpose. The beneficiaries are the general public. No private benefit is received by Trustees fulfilling their Trustee responsibilities in respect of these rp.cords, buildip.gs or artefacts but in the course of conservation and to make these accessible to the public. The engagement of professional staff and services is essential but incidental to the fulfilment of the purpose so that with continued maintenance the public can be assured of our continued Christian heritage and ensure that the buildings will be available and in good condition for future generations. 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 help=d to achieve the parish'5 objectives and activities, as well as providing public benefit. Financial Review Our total income in the year came to £87,958.12 and this was divided up into £86,773.63 (unrestricted funds) and £1,184.49 (restricted funds). On the expenditure side we spent a total of £98,479.21. The Trustees have a policy of holding sufficiep.t unrestricted funds to cover three months overheads. The Trustees have reviewed the budgets for the year ahead and are worried that expenditure exceeded income by quite a bit. This has led to the Select Vestry taking the decision to draw down monies from the investments held with RCB in order to ensure that the parish can continue its activities and that st the financial statement for the year ended 31 December 2023 can still be signed off as a going concern. Strurture, Governance and Management Governin Document and Constitution of the Charit Chapter111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organisations. The Select Vestry members are the Charity Trustees. Recruitment and A ointment of Select Vestr Trustees All members of the Church of Ireland who are over tne 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 of the select vestry. Meetings of the general vestry are held at least once a year. The Select Vestry is elected as part of the General Vestry meeting. The Select Vestry will hold their positions for a period of one year. Splect Vestry members may be re- elected annually and there.is no limit on the number of terms which may be served. Diocesan Assessment The Diocesan Assessment is £61,591.85 and Remuneration The Parish employs a Parish Secretary for 14 hours per week We also employ a Sexton for 12 hrs per week (in winter) and 22 hrs per week in (summer). Both these meinbers of staff are paid at an hourly rate equivalent to the minimum wage. anisational Structure The Select Vestry is responiible for the ddy to day management of the parish. The Select Vestry consists of the member of the clergy servéng in the parish, 2 church wardens, 2 glebe wardens and generally not more than twelve other members of the general vestry elected at the General Vestry meeting. The SelLryCt 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 Diocesan Synod. Special meetings may be convened at any time by the chairperson or the church wardens. In 2023 the Select Vestry met 6 times during the year and the average attendance was 7. Com liance 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 activities entered into during the year have helped to achieve the Parish's objectives and activities as well as providing public benefit. 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 Receipts and Payments Account All items of income and expenditure included within the Receipts and Payment Account have been accounted for on a cash receipts basis. Statement of Assets and Liabilities The assets of the Parish retained for its own use comprise- Church Building and Grcveyard Archdale Centre Trinity Hall Storage Hut Fixtures and Fittings The Church Building (and fixtures and fittings therein) and Graveyard are deemed to be Heritage assets as defined by the Charities SORP (FRS102). These Heritage assets are not included in the statement of assets and liabilities as the cost of valuation is not available and such information cannot be obtained at a cost commensurate with the benefit of the users of the accounts and to the parish. The landlord of the Archdale Centre is the Diocesan Properties Committee and is provided rent free for the use of the parish. As a result, this building is not recognised in the parish statement of assets and liabilities. The Glebe House is recognised at cost, being the estimated value for rates of the property at 31.12.23. No depreciation has been provided on the Glebe House as the current estimated residual value is not less than its carrying value and the remaining useful life currently exceeds fifty years. The Trinity Hall was acquired/erected in 1999. It is a pre-fabricated building with full planning approval. It is re-ognised at cost of acquisition. No depreciation has been provided on the Trinity Hall as the current estimated value is not less than its book value. The Storage Hut is recognised at cost of salvage given its age. The Select Vestry has set a minimum threshold of £IOOO for an item of fixtures and fittings to be considered to be capita ised as a fixed asset. No item of fixtures and fittings has a value above this threshold. Investments Fixed Asset investments comprising investment in RCB/CIT unit trusts are initially recorded at cost.and are then subsequently stated at fair value at each year end date. Reconciliation of Cash Funds Total cash Funds at the Beginning of the Year £ 40,279.55 Receipts for the Year £ 87,958.12 Payments for the Year £ 98,479.21 Total Cash Funds at year end £ 29,758.46 Movement in Funds At 111/23 Income Outgoing Transfers At 31/12123 Restricted Funds Missionary Account £1,859.09 Sp,onsorship Account £639.30 £ 75.00 £1,490.00 Nil £1,109.49 £ 984.00 Nil £444.09 £764.79 At 1/1/23 Unrestricted Funds £36,918.39 Income £86,773.63 Outgoing £96,005.21 Transfers At 31/12/23 NIL £27,690.81 Pur oses of Restricted Funds Missionary Account This is a fund from which the Parish pays out money to other charities and worthwhile cause. Sponsorship Account Thi= fund is for the sponsorship of children in programmes set up by Charities working with the poor and disadvantaged in other parts of the world. Collections for Third Parties 2023 RBL Poppy Appeal £288.00 The above amount will be included in receipts for the next financial year under Plate Collections and in payments for the year under Charitable Donations. Transactions with the Trustees The Parish paid £3,820.49 relating to the runriing costs of the Glebe House which is occupied by the rector. No trustee or person related to a trustee had any personal interest in any contract or transaction entered into by the charity during the year. Governance Costs Governance costs of £75 were incurred during the year- this relates to fees paid to the independent examiner. Governance costs are included within Administration costs in the Receipts and Payments Accounts. Statement of Trustees, Res onsibilities The Trustees are responsible for preparing the Trustee Report and the element of receipts and payments and statement of assets and liabilities in accordance with the applicable law and regulations. The law.applicable to charities in Northern Ireland with income of less that £250,000 requires the Trustees to prepare a statement of receipts and payments a statement of assets and liabilities for each f inancial 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 Ihe prevention and detection of fraud and other irregularities. Signed on behalf of the Tru5tee5 Trustee l Rector - (Rev. W.A. Capper Trustee 2 Hon. Treasurer (Mrs. M. Leary I Date: /f-10. 2 Receipts and Payments Account for year ended 31st December 2023 Unrestricted Funds Restricted Funds Recei Plate Collections Donations Giftaid Bank Interest Income on Investments Grave Space & Fees Legacies Fundraising Use of Halls Power Nl Sale of trailer and organ Total Recei ts £1,512.85 £53,847.64 £8,110.10 £314.40 £4,603.64 £i,oio.00 £6,000.00 £960.00 £8,615.00 £1,200.00 £600.00 £86,773.63 £1,103.69 £75.00 £5.80 £1,184.49 Pa ments Diocesan Assessment Church Running Costs Rectory Running Costs Archdale Centre Running Costs Trinity Hall Running Costs Sala ries incl Organists & Preachers HMRC Administration incl Telephone Professional Fees Insurance Charitable Donations Sunday School Cost5 Bank Charges Total Pa ments £45,397.96 £5,001.90 £3,820.49 £6,113.60 £1,062.57 £18,337.58 £69.97 £3,024.21 £4,948.00 £6,595.95 £1,166.83 £235.38 £230.77 £96,005.21 £2,474.00 £2,474.00 Excess of Receipts over Payments -£9,231.58 -£1,289.51 Transfers £0.00 £0.00 Excess of Receipts over Payments for the year -£9,231.08 -£1,289.51 Statement of Assets and Liabilities 2023 Unrestricted Funds 2023 Restricted Funds 2023 Endowment Funds 2023 Total Cash Funds Current Accounts £27,728.56 £1,208.88 £28,937.44 Investment Assets Investments in RCB/CIT Unit Trusts Va lue lat 31/121231 £162,750.59 Assets retained for the Parish use Glebe House Trinity Hall Storage Hut Fixtures & Fittings Site leased to Delta Di rect £210,000.00 £3,000 £200 £210,000.00 £3,000.00 £200.00 Rental Value per annum 1,200 On behalf of the Trustees Trustee I (Rev. W.A.Capperl 2t Trustee 2 (Maxine Leary)