an CORRICK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND Trustees Annual Report and Financial Statements for the year ended 31 December 2024 Registered Charity in Northern Ireland (NIC105639)
Presbyter an CORRICK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT The Trustees present their Annual Report and Financial Statements for the year ended 31 December 2024 including a Statement of Assets and Liabilities as at that date. REFERENCE AND ADMINISTRATIVE DEfAILS Corrick Congregation of the Presbyterian Church in Ireland Dergbrough Road Plumbridge Omagh BT79 8JX Registered Charity in Northern Ireland (NIC1056391 CHARITY TRUSTEES The Charity Trustees who served during the year or who were trustees at the date of this report were Rev Rodney Thompson Mr Eric Crawford Mr Edmund Allison Mr Robert McPhilemy Mrjames Burton Mr Norman Black PRINCIPAL OFFICE BEARERS Minister Clerk of Session Treasurer Rev Rodney Thompson Mr Edmund Allison Mrs Glenda Mcllwaine INDEPENDENT EXAMINER Rodney Hamill 28-30 Old Mountfield Road Omagh, Co. Tyrone BT79 7BJ
Presbyter an CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (conVd} BANKERS Dan5ke Bank 5-7 Market Street Omagh BT78 IBN SOLICITORS AF Colhoun 41 Dublin Road Omagh BT78 IHE STRucfuRE 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 Session has 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 minister in attive duty in the congregation, has no deliberative but only a casting vote.
an CORRICK CONGREGATION OF THE pREsBER1AN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT {conVd) 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. Corrick congregation of the Presbyterian Church ha5 been assigned to the Omagh Presbytery of the Presbyterian Church in Ireland. The membership of the Presbytery consists mainly of the attive ministers of congregations assigned to it by the General Assembly, ministers who have retired from active duty and an elder appointed by the Kirk Session of the congregation. The General Assembly The General Assembly is the supreme court of the Church, representing in one body the whole Church and acting as its suprerne 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. At the end of business it is di5501ved. 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.
Presbyter an CORRICK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (convd) DESCRIPTION AND PURPOSE The charitable purpose of the congregation is the advancement of religion. Corrick 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 is 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 purpose is: For the glory of God, to be a place where unsaved people hear the gospel, repent of Sin and trust in Christ; where those who have become Christians are biblically equipped to worship and live for God by life and lip; and where gospel outreach to our local communities and the wider world is promoted. With this is mind, our vision is, by the grace of God, to be a congregation which demonstrably is increasingly characterised by love for God, and love and concern for others; is committed to the historic Christian gospel as revealed in the Bible; is relevant to people of this time and place. The congregation aims to live out its Mission and Vision as a family of God'5 people by being: A Covenant Community: where our relationships are rooted in the promises of God by living faithfully toward him and toward one another An Intergenerational Community: where adults intentionally take the lead to engage with, encourage and nurture younger members to maturity in Christ. An Outward looking Community: where we want the blessings of God that belong to us in the gospel to become blessings for others beyond the bounds of our community. As a congregation of the Presby(erian Church in Ireland, we believe that the Bible is the supreme authority over all we do, and that the Westminster Confession of Faith, along with the Larger and Shorter Catechisms Set out what we understand the Bible teaches on key matters of Christian faith and practice.
Presbyter an CORRICK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRusfEES ANNUAL REPORT (convd) 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 Holiday bible club tioint with Badoney and Glenelly congregations) Children and youth meeting Ooint with Badoney and Glenelly congregations) Creche Bowling Club Ooint with Badoney and Glenelly congregations} PW ts-oint with Badoney and Glenelly congregations) Prayer meetings Ooint with Badoney and Glenelly congregations) Bible Study Group Ooint with Badoney and Glenelly congregations} ACHIEVEMENTSAND PERFORMANCE Worship and prayer The congregation normally meets for worship each Sunday at 11.10am. Once a week the Bible Study provides an opportunity for members to meet together for fellowship, to study the scriptures and for a time of prayer. As well as our regular service5 during the year we acknowledge God's gift of new life at Sacraments of Baptism, condutt marriage services and gave thanks for faithful services and sought to comfort those who had been bereaved during the year. No marriage5 took place in the church in the year. No baptisms took place in the church in the year. At 31 December 2024 there were 40 communicant members and 37families connected with the congregation. The normal average weekly attendance at morning worship is 21. Pastoral care Members of the congregation who are unable to attend church due to Sickness or age are visited on a regular basis by the minister and elders. Mission and outreach At a local level the congregation reaches out through the regular preaching of God's Word, special services and the individual friendship evangelism of committed member5, together with our youth and children's work.
Presbyter an CORRICK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT {conVd) The congregation support5 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, asslsts congregations with the deployment of locally based staff, enables church planting, provides grant support for the upkeep of church premises, assists with the running costs of Union Theological College, the Church's training college for ministry students, and financially supports congregations in the areas of worship, discipleship, global mission, outreach, leadership and p3Storal care. The congregation also contributes to the denominations annual World Development Appeal, Sunday School project and any other special appeals. Presbytery The congregation is normally represented at the regular meetings of Presbytery by our minister and / or one of the elder5. This provides an important link between the congregation and the wider structures of the church. General Assembly Each year the minister 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 No major repairs or refurbishment projects were carried out on church property during the year. Organisations The Presbyterian Women's Group normally meets monthly, is open to all women of all 3 congregations (Corrick, Badoney and Glenellyl and has a varied program. The Bowling Club normally meets weekly in Badoney Church. Again it draws its membership from all 3 congregations.
Presbyter an CORRICK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (cont'd) Our Bible Study Group offers a time of informal Bible teaching and discussion for all 3 congregations. Meetings are normally held once a month and are lead bythe minister. Prayer Meetings are also normally held monthly. A digital prayer group was set up as a way of uniting all three congregations in prayer and reaching out to those who may have felt lonely through lockdown and this has continued to be used. Our Children & Youth Meetings (Friday Club and Arise) are normally held at Badoney church on a Friday night. The Friday Club draws children and young people from all 3 congregations and the surrounding area for one and a half hours of games and bible teachings. Arise meets monthly and has a similar age appropriate programme. For a week during the summer months the joint congregations of Corrick, Badoney and Glenelly normally hold an annual holiday bible club. The week long holiday club is very popular both within the congregations and surrounding area. Volunteers The Trustees wish to acknowledge their deep appreciation of those who give freely of their time by serving on committees and helping with organisations and other church activities. PUBLIC BENEFIT STATEMENT The Presbyterian Church in Ireland meets the public benefit requirement by providing benefit to 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 (includingthe sick, disabled and bereaved).
an CORRICK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (conYd} 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 dirett and indirect contart with, 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. FINANCIAL REVIEW The congregation's main source of income is members, contributions through the Weekly Freewill Offering which totaled £12,857 (£11,801 in previous year, 2023). Total Income of the congregation during the year was £26,169 compared to £26,743 in the previous year. Total expenditure decreased from £25,740 to £25,510.
Presbyter an CORRICK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT (convd) srATEMENT OF TRusfEE 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. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the congregation's transactions and disclose with reasonable accuracy at any time it5 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 2113- J z..) and signed on its behalf by Rev R Thompson Mr Ed Alli50n Date: Date: io
an INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF CORRICK CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND I report on the accounts of Corrick Presbyterian Church for the year ended 31 December 2024, which are set out on pages 12 to 18. Respective responsibilities of charity trustees and examiner As the charivs trustees you are responsible for the preparation of the accounts in accordance with the Charitie5 Art (Northern Ireland) 2008. It is my respon5ibilityto: Examine the accounts under section 65 of the Charites Att Follow the procedures laid down in the general Direction given by the Commission under section 65191{b) of the Charities Act State whether particular matters have come to my attention. Basis of independent examinerfs report I have examined your charity accounts as required under Section 65 of the Charites Act and my examination was carried out in accordance with the general Directions given by the Charity Commission My examination included a review of the accounting records kept by the charity and a comparison of the account5 presented with those records. It also included consideration of any unusual items or disclosures in the accounts and seeking explanations from you as charity trustee5 concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe". l. That accounting records were not kept in accordance with section 63 of the Charities Act 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with the accounting requirements of the Charites Act 4. That there is further information needed for a proper understanding of the accounts to be reached. Independent exarninerfs statement I have completed my examination and have no concerns in respect of the matters {1) 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. Rodney Hamill Chartered Accountant 28-30 Old Mountfield Road Omagh, Co. Tyrone BT79 7BJ Date 11 M 10 15 11
an CORRICK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND rATEMENT OF FINANCIAL AcfiviTY (Receipts and Payments Account) for the year ended 31 December 2024 Note Unrestricted Restricted Funds Funds Endowment Funds Total 2024 Total 2023 Receipts Donations and legacies Other trading activities Investment Income 15,316 3,127 4,913 2,775 18,091 3,127 4,951 17,605 5,190 3,948 38 23,356 2,813 26,169 26,743 Sale of Investments Sale of fixed assets Loans Received Total Receipts 23,356 2,813 26,169 26,743 Payments Charitable activities Other 21,701 3,809 25,510 25,740 21,701 3,809 25,510 25,740 Purchase of Investments Purchase of fixed assets Loan Repayments Total Payments 21,701 3,809 25,510 25,740 Net receipts / (payments) Transfers between funds 1,655 {1,232} (9961 1,232 659 1,003 Net movement in funds 423 236 659 1,003 Funds brought fOard 95,681 7,376 103,057 102,054 Funds carried forward 96,104 7,612 103,716 103,057 12
an CORRICK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2024 Unrestricted Funds Restrirted Endowment Funds Funds Total Funds 2024 Total Funds 2023 Funds Reconciliation Bank and Cash at start of year Net movement in funds 95,681 423 7,376 236 103,057 659 102,054 1,003 Bank and Cash at end of year 96,104 7,612 103,716 103,057 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts Cash in Hand 103,716 103,057 103,716 103,057 OtherAssets Fixed Assets- Note 6 Investments- Note 7 194,142 185,377 194,142 185,377 Liabilities Loans Approved by the Kirk Session at a meeting on 21 M Isand signed on its behalf by Rev R Thompson Mr Ed Allison Date: , /-/L7 Date: 21 13
Presbyter an CORRICK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2024 ACCOUNTING POLICIES BASIS OF FINANCIAL sfATEMENTS A5 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. The congregation has reviewed the basis on which it prepare5 Its accounts and in order that these are prepared on a strict receipts and payments basis it has eliminated from its fund balances any funds which are not held in bank or cash balances. Any other funds, which the congregation holds, in particular investments, are disclosed on the Statement of Assets and Liabilities. FUND ACCOUNTING Endowment fund5 are funds, the capital of which must be retained either permanently or at the congregation's discretion; the income derived from the endowment 15 to be used either as restricted or unrestricted income funds depending upon the purpose for which the endowrnent 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. 14
Presbyter an CORRICK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2024 DONATIONS AND LEGACIES Unrestrirted Funds Restricted Endowment Funds Funds Total 2024 Total 2023 Freewill offerings Loose collections Harvest collections Missions and charities GiftAid Legacie5 and bequest 12,857 223 12,857 223 1,015 1,465 2,531 11,801 206 946 1,984 2,668 1,015 1,465 295 2,236 15,316 2,775 18,091 17,605 OTHER TRADING AcfiviTIES Unrestricted Funds Restrirted Funds Endowment Funds Total 2024 Total 2023 Energy grant DAERA grant Land letting 600 1,269 3,321 3,127 3,127 3,127 3,127 5,190 15
an CORRICK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (convd) 31 December 2024 INVESTMENT INCOME Unrestricted Funds Restricted Endowment Funds Funds Total 2024 Total 2023 Deposit interest General Investment Fund 249 4,664 249 4,702 244 3,704 38 4,913 38 4,951 3,948 CHARITABLE AcfiviTIES Unrestricted Funds Restricted Endowment Funds Funds Total 2024 Total 2023 General Assembly Assessments Presbytery fees Ministry and support Staff costs Congregational running expenses Donations to Missions and charities 2,644 678 8,459 4,720 5,200 2,644 678 8,471 5,642 8,075 3,349 216 8,172 6,299 7,704 12 922 2,875 21,701 3,809 25,510 25,740 16
Presbyter an CORRICK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IREL4ND NOTES TO THE ACCOUNTS (conYd} 31 December 2024 FIXED ASSETS The congregation own5 the Church premises situated at Dergbrough Road, Newtownstewart and the associated fixtures, fittings, plant and machinery. These have an insurance value of approximately £288,000. The congregation owns 21.78 hectares of agricultural land. These lands have been valued at circa £90,000. The congregation also have a 2/7 share in the manse, situated at Plumbridge Road, Newtownstewart, which has an approximate insurance value of £480,000 and a 2/7 share in a l acre field valued at circa £8,000. INVESTMENTS The congregation has the following investments. Amounts are shown below at market valuation. 2024 2023 General Investment Fund 194,142 185,377 194,142 185,377 17
an CORRICK CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (convd) 31 December 2024 FUND BALANCES Fund Balance at start Receipts Payment Surplus / Transfer Balance at end (Deficit) Unrestrirted Funds General Fund Sunday School 95,229 452 23,235 121,686} 121 115) 1,549 (1,2321 106 95,546 558 95,681 23,356 (21,701) 1,655 {1,232) 96,104 Restricted Funds Land account Building and repair fund Mi55ions & Charities Other restricted funds 1,856 (9141 1914) 942 5,520 1,158 {8} 1,150 6,670 1,631 {2,8251 (1,1941 1,194 24 {62) {38) 38 7,376 2,813 {3,8091 19961 1,232 7,612 Endowment Funds General Investment Fund Total 103,057 26,169 {25,5101 659 103,716 18