o)q<s Chartered Accountants and Registered Auditors Belleek Parish Church Trustees, Annual report and Statement of Receipts and Payments and Assets and Liabilities For the year ended 31 December 2023 Charities Number: 105490 CHARTERED ACCOUNTANTS IRELAND Chartered Tax Advisers Registered to carry out audit work and regulalec5 lor a lang& ol Investment business aciivili&s in the United Kingdom by the Insliivle of Chartered Accounianls in Ireland
Page I Belleek Parish Church Annual report and financial statements for the year ended 31 December 2023 Contents Pages 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 9-12
Page 2 Belleek Parish Church References and administrative detalls Charity Name- Belleek/Belleek/Clogher/Church of Ireland Charity Registration Number- 105490 Contact Address: 39 Brollagh Road Garrison Co. Fermanagh BT93 4AE Trustees Betty Johnston Robert Johnston Rachel Love James Pye Mark Johnston Robert Johnston James Johnston Douglas Reid Mary Reid Helen Thompson Rev. Rebecca Guildea Donna Pye- From 3010312023 Principal Office-bearers Clergy- Church Treasurer.. Church Warden- Clergy". Rev. Rebecca Guildea Lorraine Boyd- Ceased 3110312023 Rachel Love- From 3010312023 Robert Johnston- Ceased 3010312023 James Pye- From 3010312023 Rachel Love- Ceased 3010312023 Church Warden- People.. Independent Examiner Stephanie Stenson FCA Patton Rainey Stenson Limited 6 East Bridge Street Enniskillen Co. Fermanagh BT74 7BT Bankers Bank of Ireland 7 Town Hall Street Enniskillen BT74 7BD
Page 3 Belleek Parish Church Trustees, Annual Report for the year ended 31 December 2023 The trustees present the annual report and 5taternents of Receipts and Payments and Assets and Liabilitie5 for the Best Church for the year ended 31 December 2023. Objective5 and Activities The charitable purpose of the Church of Ireland is the advancement of religion. The principal function of the Parish of Belleek is to support the advancement of the Christian religion by promoting. through the work of the Parish of Belleek 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, the Parish of Belleek has custody of property and of records, materia15 and artefacts of Significance to the cultural and religious heritage and maintenance of which is undertaken by the select vestry of the Parish of Belleek. Achievements, Performance & Public Benefit Belleek Parish has been able to fulfil its task of sharing Chrisvs teaching locally through our Sunday services, 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 second and fourth Sunday of each month. During the week we offer pastoral care, help and support for parishioners through home and hospital visits. 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. Financial Review The main sources of income were planned 8iving and freewill offerings. The Financial Statements show a surplus of E4.000 for the year. There was an insurance claim received during the year for a total of £5,050. This was for damage to the Church gates and wall. There is a further £1.800 to be received in 2024. The total cost of repairs was £7,200. which was paid in February 2024. 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 financial 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's current activities and other financial commitments.
Page 4 Belleek Parish Church Tustees. Annual Report for the year ended 31 December 2023 Icontinuedl Structure. Governance and Management Governing Document ond Constitution of the Chority Chapter 111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The Select Vestry members are the Charity Trustees Recruitment and Appointment of Selert Vestry {Tru5teesJ 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 genefal 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 3 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 is no limit on the number of terms which may be served. 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. Organisational Structure 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 elected at the General Vestry. The select vestry 15 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 the diocesan synod. Special meetings may be convened at any time by the chairperson or the churchwardens. In 2023 the Select Vestry met 3 times during the year and the average attendance was 80%. Compliance 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, 35 well as providing public benefit. 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.
Page 5 Belleek Parish Church Trustees, Annual Report for the year ended 31 December 2023 (continued) Statement of Trustees, Responsibilities (continued) The law applicable to charities in Northern Ireland with Income of less than £250,000 requires the trustees to prepare a statement of receipts 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'5 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 Date . Lorraine Boyd (Treasurer) Date Y.IIILLf
Chartered Accountants and Registered Auditors Page 6 Belleek Parish Church Independent Examiners Report to the Trustees of Belleek Parish Church I report on the accounts ofthe Trust for the year ended 31 December 2023, which are set out on pages 7 to 12. Respertive Responsibilities of Charity Trustees and Examiner As the Charit¢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 Section 65 of the Charities Act. follow the procedures laid down in the general directions given by the Commission under Section 65(9){bl of the Charities Act. state whether particular matter5 have come to my attention. Basis of Independent Examiner's Report I have examined your Charity Accounts as required under Section 65 of the Charities Act and my examination was carried out in accordance with the general directions given by the Charity Commission for Norther n Ireland under Section 6519llbl of the Charities Act. My examination included a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also included consideration of any unusual item5 or disclosure5 in the accounts. and seeking explanations from you as Charity Trustees concerning 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. That there is further information needed for a proper understanding of the accounts to be reached. Independent Examiner's Report I have completed my exafflination and have no concerns in respect of the matters111 to141 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 Stenson Limited Chartered Accountants 6 East Bridge Street Enniskillen BT74 78T Date.. CHARTERED ACCOUNTANTS IRELAND Regisiered lo carry out audit work and regulated loi a range ol inve8imenl busines5 a¢iivilie5 in the United Kingdom by the Insiilule ol Chartered Accounlanls in Ireland Chartered Tax Advisers
Page 7 Belleek Parish Church Receipts and Payments Account for the year ended 31 December 2023 Unrestricted Funds 2023 Restricted Funds 2023 Endowment Funds 2023 Total 2023 Total 2022 Note Recei Donations & plate collection Investment income Proceeds from Fundraising Events Other Receipts Total Recei ts 10,531 170 1.662 5,125 17,488 10.531 170 1.662 5.125 17,488 10.033 163 680 10.876 Pa ments Diocesan Costs/Assessment Church Running Cost5 Glebe Costs Administration Costs Sundry Expenses Charitable Donations 8,288 3,199 611 726 564 loo 8.288 3,199 611 726 564 loo 4.027 6,242 792 725 424 133 Total Pa ments 13,488 13.488 12.342 Excess of Receipts over Payments for the year before transfers 4,000 4.000 1,530 Transfers Excess of Payments over Receipts for the year 4,000 4,000 1,530 On behalf of the trustees: Rev Rebecca Guildea Lorraine Boyd (Treasurer) Date ...
Page 8 Belleek Parish Church Statement of Assets and Liabilities as at 31 December 2023 Unrestricted Funds 2022 Restricted Funds 2022 Endowment Funds 2022 Total 2022 Total 2021 Cash Funds Current Accounts Total Cash Funds 19,295 19,295 19,295 19,295 15,295 15.295 Investment Assets Investments in RCB / CIT Unit Trusts Total Investment Assets 4,661 4,661 4.661 4,661 4,661 4,661 A55ets retained for the Parish's own use Fixtures and Fittings Total Assets retained for the Parish's own use On Behalf of the Trustees fCLQ) Rev Rebecca Guildea Lorraine Boyd (Treasurer) Date...
Page 9 Belleek Parish Church Notes to the financial statements for the year ended 31 December 2023 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 receipt5 basis. (bl Statement of Assets and Liabilities (il Assets retainedfor the Parish 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 assets as defined by the Charities SORP IFRS1021 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 Glebe House is shared by the circuit and is recognised at a deemed cost of £95,000 in the accounts of Garrison Parish. being the e5tim3ted 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 less than its carrying value and the remaining useful life currently exceeds 50 years. ii) Investments Investment in RCBICIT Unit Trusts are initially recorded at cost. The rnarket value of investments at 31 December 2023 is £15,692.
Page 10 Belleek Parish Church Notes to the financial statements for the year ended 31 December 2023 (continued) Other Receipts 2023 2022 Grass Cutting Graveyard Fees Insurance Claim Money returned - Garrison/Slavin/Kiltyclogher 300 380 5,050 75 5,125 680 Sundry Expenses 2023 2022 To rectory account Church Magazines Gifts Removal Costs Rev. Rebecca Guildea Visting preacher & Guest Speaker Confirmation Bibles Items for Church Activities 174 loo 105 105 80 59 82 32 176 75 564 424 Donation5 2023 2022 Pancreatic Cancer Donation Bishops appeal (Confirmation Collection) loo 50 83 loo 133
Page 11 Belleek Parish Church Notes to the financlal statements for the year ended 31 December 2023 (continued) Current Accounts and Cash 2023 2022 General Account 19,295 15,295 19,295 15,295 Reconciliation of Cash Funds 2023 2022 Total Cash Funds at Beginning of the year Receipts for the Year Payments for the Year 15,295 17,488 13.488 16,761 10.876 12,342 Total Cash Funds at end of the year 19,295 15,295 Movement in Funds Opening Balance Overstated Atljan 2023 Incoming Resources Outgoing Resources At 31 Dec 2022 Transfers Endowment funds RCB Unit Trust5 4.661 4,661 4,661 4,661 Unrestricted funds General Fund 15,295 15.295 17,488 17.488 13.488 13,488 Total funds 19,956 17,488 13,488 23,95E Pur 05es of Endowment Funds Income from the Beque5t5 and Legacies are used for stipend and general purposes.
Page 12 Belleek Parish Church Notes to the financial statements for the year ended 31 December 2023 (continued) Transactions with the Trustees The parish paid expenses of £611 relating to its share of expenses for the running costs of the glebe house which is occupied by the rector. No payments were made to trustees 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. Governance Costs Governance costs of £552 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.