an NEWTOWNSTEWART CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Trustees Annual Report and Financial Statements for the year ended 31 December 2022 Reglstered Charity in Northern Ireland (NIC105616)
an NEWTOWNSTEWART CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT The Trustees present their Annual Report and Financial Statements for the year ended 31 December 2022 including a Statement of Assets and Liabilities as at that date. REFERENCE AND ADMINISTRATIVE DETAILS Newtownstewart congregation of the Presbyterian Church in Ireland 43A Moyle Road Newtownstewart Co. Tyrone BT78 4AP Registered Charity in Northern Ireland INIC105616) CHARITY TRUSTEES The Charity Trustees who served during the year or who were trustees at the date of this report were J Cowan {appointed l November 20221 WJ Baxter RS Brown N Donald AW Dunbar DJ Dunbar RA Jack AM Kemps RS Moore R Orr {resigned l November 20221 PRINCIPAL OFFICE BEARERS Convenor in charge of Vacancy Clerk of Session Treasurer Rev J Cowan WJ Baxter RS Moore INDEPENDENT EXAMINER McFarland Arnold & Co 8 Main Street Newtownstewart Co Tyrone BT78 4AA BANKERS Danske Bank 5-7 Market Street Omagh BT78 IBN SOLICITORS Mcconnell & Fyffe Solicitors 21 Church Street Omagh BT78 IDG
an NEWTOWNSTEWART CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) STRUCTURE AND MANAGEMENT The Kirk Session The charity trustees of the congregation are the members of its Kirk Session. Under the congregation's governing document, The Code, the book of the constitution and government of the Presbyterian Church in Ireland, the Kirk Session seeks to watch over and promote the spiritual interest of the congregation and of persons not connected with any congregation who are within its bounds. It ensures pastoral care is in place in the congregation and seeks to further the contribution of the Church to Christian witness and service in the local community. The Kirk Sessions have delegated to its Congregational Committee the temporal affairs of the congregation including administering all funds and property belonging to the congregation. Members of the Kirk Session are ex-officio members of the Congregational Committee. The Kirk Session consists of the ordained minister and the ruling elders of the congregations. All members are entitled to propose, speak and exercise equal votes at meetings, except that the Moderator, the ministers in active duty in the congregation, has no deliberative but only a casting vote. Stated meetings of the Kirk session are held at least twice in each year or as appropriate. To be chosen for the office of the eldership in the congregation a person must be a voting member and a regular attendant on its ordinances. The selection of those proposed to be called to the office can be either by the congregation or by the Kirk Session. Members are elected if they obtain two-thirds of those who vote. Presbytery Under the Presbyterian Church in Ireland form of governance, the corporate oversight of a congregation is the responsibility of a Presbytery which superintends generally the spiritual and temporal affairs of the congregations assigned to it by the General Assembly of the Presbyterian Church in Ireland. Newtownstewart congregation of the Presbyterian Church has been assigned to the Omagh Presbytery of the Presbyterian Church in Ireland. The membership of the Presbyteryconsists mainlyof the active ministers of congregations assigned to it by the General Assembly, minsters who have retired from active duty and an elder appointed by the Kirk Session of the congregation.
an NEWTOWNSTEWART CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT {cont'd) The General Assembly The General Assembly is the supreme court of the Church, representing in one body the whole Church and acting as its supreme legislative, administration and judicial authority, in dealing with all matters brought before it. The General Assembly is normally constituted during the first week in June for worship and to conduct its business. Atthe end of business, it is dissolved. The membership of the General Assembly consists mainly of the active ministers of each congregation, retired minsters and a representative elder appointed by the Kirk Session of each congregation. DESCRIPTION AND PURPOSE The charitable purpose of the congregation is the advancement of religion. Newtownstewart congregation of the Presbyterian Church is a congregation of the Presbyterian Church in Ireland, The Presbyterian Church in Ireland, as a Reformed Church within the wider body of Christ 15 grounded in the Scriptures, and exists to love and honour God through faith in His Son and by the power of His Spirit, and to enable her members to play their part in fulfilling God's mission to our world. The congregation's mission statement is as follows: We, the congregation of Newtownstewart Presbyterian Church which is part of the Presbyterian Church in Ireland, seekto worship God in a mannerthat reflects scripture, is passionate about people and Centred in Christ. God has revealed Himself to Us as our loving Heavenly Father. He has sent his Son to be our Saviour and He has granted us His Holy Spirit to make us more like Jesus individually and corporately, and to lead us in His mission to the world. We seek to live out our faith through commitment: To God in worship To the Bible in obedient discipleship To sharing the good news of Jesus in faithful evangelism To the world in compassionate mission To one another in caring fellowship
an NEWTOWNSTEWART CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) ACTIVITIES AND OBJECTIVES The congregation meets for worship every Sunday and visitors are welcome to join. The Sacrament of the Lords Supper is observed on several occasions during the year and all those who have been baptised and who have made a profession of faith in the Lord Jesus Christ are admitted to the Lord's Supper. The congregation holds regular bible study meetings and has a wide range of organisations including Sunday School Presbyterian Women (PWI Bowling Club Badminton Club ACHIEVEMENTS AND PERFORMANCE Worship and prayer At the commencement of the year the congregation was blessed with the appointment of a 'Stated Suppl Minister Rev John Hanna, who works on a part-time basis, leading Sunday Worship in Newtownstewart Presbyterian Church and our joint charge, sister church in Gortin. Rev Hanna also carries out Pastoral visitation and chairs any necessary Session and Committee or other church related meetings on a Wednesday. The congregation normally meets for worship each Sunday at 10.45am. During the COVID pandemic Sunday Services were either cancelled altogether or managed in strict accordance with Government and Presbyterian Church in Ireland guidance. Thankfully, due to the relaxation of these COVID restrictions, Sunday Services have more or less resumed to pre-COVID activities and attendance levels. Church organisations have also resumed including, Sunday School, Presbyterian Women's group and Mid- Week Bible Study / Prayer Group. During the year 2022, two12) Sacrament5 of Baptism were conducted but no marriage services took place. Again, as a result of the relaxation of COVID restrictions it has been possible to conduct funeral services within the Church building to give thanks for faithful services and to comfort those who had been bereaved during the year. At 31 December 2022 there were 219 communicant members and 120 families connected with the congregation. The average week attendance at morning worship is 60. Pastoral care Members of the congregation who are unable to attend church dueto Sickness or age are vi51ted on a regu5ar basis by the Stated Supply Minister or the Church Elders.
an NEWTOWNSTEWART CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) Mission and outreach During the year the Church held a number of fellowship and outreach events, including a Queen's Jubilee Celebration Barbeque, arising from which a donation of £550 was made to Nl Air Ambulance and a total of £1,805 to the Moderator's Ukraine Appeal. Additionally, £300was donated to the Royal British Legion Poppy Appeal and £120 to Belfast City Mission and a further £365 to the Presbyterian Children'5 Society. The congregation donated £3,840 to the United Appeal for Mission which is a central fund of the Presbyterian Church in Ireland, This fund enables congregations to support the wider mission of the denomination and to do mission and outreach on a denominational basis beyond what the congregation could do on its own. The United Appeal Fund provides financial support for mission personnel at home and overseas, assists congregations with the deployment of locally based staff, enables church planting, provides grant support forthe upkeep of church premises, assist with the running costs of Union Theological College, the Church's training college for ministry students, and financially supports congregation in the areas of worship, discipleship, global mission, outreach, leadership and pastoral care. The congregation also contributes to the denominations annual World Development Appeal, Sunday School project and any other special appeals. Presbytery The congregation was represented at the regular meetings of Presbytery by our Convenor and / or one of the elders. This provides an important link between the congregations and the wider structures of the church. General Assembly The Convenor and one of our elders were nominated to attend the meeting of the General Assembly of the Presbyterian Church in Ireland held in Assembly Buildings, Belfast, in June. Property Throughout the year all church property has been maintained to a very high standard and continues to rent out the Manse property to a family who are members of the congregation. The tenancy is subject to a contract drawn up in accordance with Church House rules and regulations. The adjoining grounds, including lawns and hedges, have been regularly attended to. All Church buildings are considered fit for purpose. Organisations The Bowling Club, which normally meets every Thursday evening in the main hall, has not resumed activities since the COVID lockdown but this decision is being kept under review, as is the resumption of Badminton Club activities.
an NEWTOWNSTEWART CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) Volunteers The Trustees wish to acknowledge their deep appreciation of those who give freely of their time by serving on committees and helping with organisation5 and other church activities. PUBLIC BENEFIT STATEMENT The Presbyterian Church in Ireland meetsthe public benefit requirement by providing benefitto its members and the general public by making known the Christian Gospel of the Lord Jesus Christ through the advancement of religion. The direct benefits which flow from the purposes of the Church include the gaining of an understanding in Christian beliefs as set out in the Bible and in the Church's subordinate standards {the Westminster Confession of Faith and the Shorter and Larger Catechisms) leading to spiritual and moral development and opportunities for response to Bible teaching. In turn, this framework leads to practical expressions of Christian beliefs and standards in the local community such as through the care of those in need {including the sick, disabled and bereaved). Generally, the above benefits are delivered locally by congregations and their members, or are facilitated through presbyteries or are organised and delivered centrally. Local delivery is facilitated by central resources in almost all cases. Public access is made known through the use of noticeboards, printed material, press advertisement, websites, and social media or in other ways. The benefits are demonstrated through regular evaluation of the services and informal and ad-hoc feedback from members, their families, and members of the public. The purpose does not lead to harm. The only private benefit flowing from our purpose is related to Ministers, Missionaries, Deaconesses, Irish Mission workers and Lay Agents who receive benefits as a result of their holding office or employment. However, this is incidental and necessary in order to further our charitable purpose. There are no other private benefits. The beneficiaries of this purpose are members, their families, other individuals thatthe Presbyterian Church in Ireland is in direct and indirect contactwith, the community in which pastoral services are provided and other communities throughout Northern Ireland, the Republic of Ireland, and worldwide which benefit from our engagement with and support for both Christian and other secular organisations, charities and individual members of the public. The Kirk Session has had regard to the Charity Commissions Public benefit requirement statutory guidance.
Presbyter an NEWTOWNSTEWART CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) FINANCIAL REVIEW The congregation's main source of income is member5, contributions through the Weekly Freewill Offering. There were 120 contributors during the year, same as in the previous year12021), donating a total of £44,654 (£40,882 in previous year, 2021) Total Income of the congregation during the year was £81,873 compared to £68,510 in the previous year. This represents an increase of £13,363 which is primarily attributable to the receipt of a sizeable bequest to the sum of £10,000. Total expenditure has decreased from £51,767 in 2021 to £44,866 in 2022, a reduction of just over £6,900 resulting in a surplus for the year120221 of £37,007. STATEMENT OF TRUSTEE RESPONSIBILITIES The Trustees are responsible for preparing the annual report and the financial statements of the congregation in accordance with applicable law and generally accepted accounting practice. As the congregation's total income does not exceed £250,000, the Trustees have elected under Section 64(3) of the Charities Act {Northern Ireland) 2008 to prepare a receipts and payment account and a statement of assets and liabilities. TheTrustees are responsible for keeping adequate accounting records that are sufficientto show and explain the congregation's transactions and disclose with reasonable accuracy at anytime its financial position. They are also responsible for safeguarding the assets of the congregation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Kirk Session at a meeting on and signed on its behalf by oj Dated: Dated:
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF NEWTOWNSTEWART CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND We report on the financial statements of Newtownstewart Presbyterian Church for the year ended 31 December 2022 which comprise statement of financial activities, statement of assets and liabilities and the related notes. Respective responsibilities of trustees and examiner As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the Charities Act {Northern Ireland) 2008. It is our responsibility to:_ Examine the financial statements under section 65 of the Charities Act {Nl) 2008. Follow the procedures laid down in the general directions given bythe Charity Commission for Northern Ireland under section 65(9)Ib) of the Charities Act (Nl) 2008. State whether particular matters have come to our attention. Basis of independent examiner's report We have examined your charity financial statements as required under section 65 of the Charities Act INI) 2008 and our examination was carried out in accordance with the general directions given by the Charity Commission for Northern Ireland under section 65191(b) of the Charities Act (NII 2008. The examination included a review of the accounting records kept bythe charity and a comparison of the financial statements presented with those records. It also included consideration of any unusual items or disclosures in the financial statements and seeking explanations from you as charity trustees concerning any such matters. Our role is to state whether any material matters have come to our attention giving us cause to believe: l. That accounting records were not kept in accordance with section 63 of the Charities Act {Nl) 2008. 2. That the financial statements do not accord with those accounting records. 3. That the financial statements do not comply with the accounting requirements of the Charities Act INI) 2008 and with the methods and principles of the Charities Statement of Recommended Practice applicableto charities preparingtheirfinancial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland. 4. That there is further information needed for a proper understanding of the financial statements to be reached. Independent examiner's statement We have completed our examination and have no concerns in respect of the matters {11 to {4) listed above and, in connection with following the directions of the Charity Commission for Northern Ireland, we have found no matters that require drawing to your attention. McFarland Arnold & Co Chartered Accountants 8 Main Street Newtownstewart Co Tyrone BT78 4AA Chartered Accountants Dated: I g dp,-l 1013
an NEWTOWNSTEWART CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2022 Note Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Receipts Donations and legacies Charitable activities Other trading activities Investment Income Other 53,354 15,714 1,003 5,208 3,512 69,068 1,003 5,208 6,444 150 56,508 5,508 6,328 166 2,932 150 56,436 25,437 81,873 68,510 Sale of Investments Sale of fixed assets Loans Received Total Receipts 56,436 25,437 81,873 68,510 Payments Raising funds Charitable activities Investment Costs Other 434 24,683 434 44,432 540 41,227 19,749 25,117 19,749 44,866 41,767 10,000 Purchase of Investments Purchase of fixed assets Loan Repayments Total Payments 25,117 19,749 44,866 51,767 Net receipts / (payments) Transfers between funds 31,319 (11,649} 5,688 11,649 37,007 16,743 Net movement in fund5 Funds brought forward 19,670 44,426 17,337 137,457 37,007 181,883 16,743 165,140 Funds carried forward 12 64,096 154,794 218,890 181,883 10
an NEWTOWNSTEWART CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES A5 at 31 December 2022 Unrestricted Funds Restricted Funds Endowment Funds Total Funds 2022 Total Funds 2021 Funds Reconciliation Bank and Cash at start of year Net movement in funds 44,426 19,670 137,457 17,337 181,883 37,007 165,140 39,458 Bank and Cash at end of year 64,096 154,794 218,890 181,883 Bank & Cash Balances Investments- Note 11 Bank Deposit Accounts Bank Current Accounts Cash in Hand 682 218,208 682 181,201 218,890 181,883 Other Assets Fixed Assets- Note 10 Church Premises Fixtures, Fittings & Equipment Vehicles Investments - Note 11 Gift Aid receivable on donations 4,051,395 3,768,739 259,429 286,272 4,310,824 4,055,011 Liabilities Loans Other Approved by the Kirk Session at a meeting on and signed on its behalf by Dated: Dated: 11
an NEWTOWNSTEWART CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2022 ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS As the total income of the congregation is less than £250,000 the congregation have elected in accordance with the provisions in The Charities (Accounts and Reports Regulations (Northern Ireland) 2015 to prepare its accounts on a receipts and payments basis. FUND ACCOUNTING Endowment funds are fund5, the capital of which must be retained either permanently or at the congregation's discretion; the income derived from the endowment is to be used either as restricted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place. Restricted funds comprise (al income from endowments which is to be expended only on the restricted purposes intended by the donor and Ib) revenue donations or grants for a specific congregational activity intended by the donor. Where these funds have unspent balances, interest on their pooled investment is apportioned to the individual funds on an average balance basis. Unrestricted funds are income funds which are to be spent on the congregation's general purposes. Designated funds are general funds set aside by the congregation for use in the future. DONATIONS AND LEGACIES Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Recorded giving Loose collections Donations and gifts Gift Aid Legacies and bequest 34,578 503 1,022 7,251 10,000 10,076 420 2,671 2,547 44,654 923 3,693 9,798 10,000 40,882 762 6,331 8,533 53,354 15,714 69,068 56,508 12
Presbyter an NEWTOWNSTEWART CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2022 CHARITABLE ACTIVITIES Unrestricted Funds Restricted Endowment Funds Funds Total 2022 Total 2021 Income from charitable activities Fees from weddings and funerals Fundraising events PW Membership fees Grants 103 900 103 900 1,003 1,003 OTHER TRADING ACTIVITIES Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Letting of premises Trading income 5,208 5,208 5,508 5,208 5,208 5,508 INVESTMENT INCOME Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Deposit interest General Investment Fund Rent5 investment properties Other investment income 1115 3,978 2,931 1,198 4,129 2,313 2,313 2,235 2,932 3,512 6,444 6,328 13
an NEWTOWNSTEWART CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS {cont'd) 31 December 2022 OTHER INCOME Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Insurance claims Other income 150 150 166 150 150 166 RAISING FUNDS Unrestricted Funds Restricted Endowment Funds Funds Total 2022 Total 2021 FWO envelopes Fundraising events 434 434 540 434 434 540 CHARITABLE ACTIVITIES Unrestricted Funds Restricted Endowment Funds Funds Total 2022 Total 2021 General Assembly Assessments Presbytery fees Ministry and support staff costs Congregational running expenses Donations to Missions and charities Governance costs 2,928 267 10,387 10,621 2,928 267 10,387 20,650 9,720 3,504 287 10,519 18,999 7,438 10,029 9,720 480 480 480 24,683 19,749 44,432 41,227 14
an NEWTOWNSTEWART CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2022 OTHER EXPENDITURE Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Manse costs Pew cushions 10. FIXED ASSETS The congregation owns the following premises and the associated fixtures, fittings, plant and machinery which have insurance values as follows: Church Building Church Hall Manse 43A Moyle Road, Newtownstewart, Co Tyrone, BT78 4AP 43A Moyle Road, Newtownstewart, Co Tyrone, BT78 4AP 82 Dublin Street, Newtownstewart, Co Tyrone, BT78 8LA 2,998,892 701,052 351,451 4,051,395 11. INVESTMENTS The congregation has the following investments which are shown at market valuation. 2022 2021 General Investment Fund Other investments- Nl Central Investment Fund 186,246 202,928 73,183 83,344 259,429 286,272 15
an NEWTOWNSTEWART CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2022 12. FUND BALANCES Fund Balance at Receipts Payment Surplus / Transfer Balance at start (Deficit) end Unrestricted Funds General Fund 44,426 56,436 25,117 31,319 (11,6491 64,096 44,426 56,436 25,117 31,319 (11,6491 64,096 Restricted Funds General Fund Missions & Charities Property Fund Bowling Club PW Fund Sunday School Jubilee BBQ 1,500 7,165 126,275 1,235 1,282 1,510 9,720 5,999 {1,510) {617) 8,500 10 940 10,000 9,103 14,499 7,488 144,775 1,236 1,295 523 256 1,055 510 315 1,695 13 {59) (6401 59 640 137,457 25,437 19,749 5,688 11,649 154,794 Endowment Funds Total 181,883 81,873 44,866 37,007 218,890 16