an THE OMAGH PRESBYTERY OF THE PRESBYTERIAN CHURCH IN IRELAND Trustees Annual Report and Financial Statements for the year ended 31 December 2023 Registered Charity in Northern Ireland (NIC106389)
an THE OMAGH PRESBYTERY OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT The Trustees present their Annual Report and Financial Statements for the year ended 31 December 2023 including a Statement of Assets and Liabilities as at that date. REFERENCE AND ADMINISTRATIVE DETAILS The Omagh Presbytery of the Presbyterian Church in Ireland 7 Derg Road, Victoria Bridge, Strabane, Co Tyrone, BT82 9JW Registered Charity in Northern Ireland (NIC106389} PRINCIPAL OFFICE BEARERS Moderator Clerk of Presbytery Rev Edwin Frazer Rev David Reid INDEPENDENT EXAMINER Glenda Mcllwaine 28-30 Old Mountfield Road Omagh, Co. Tyrone BT79 7BJ BANKERS Ulster Bank, 14 High Street, Omagh BT78 IBJ Danske Bank 5-7 Market Street Omagh BT78 IBN SOLICITORS Mcconnell and Fyffe, 21 Church Street, Omagh BT78 IDG
an THE OMAGH PRESBYfERY OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT CHARITY TRUSTEES The Charity Trustees who served during the year or who were trustees at the date of this report were: Surname Initials Title Date Surname Initials Title Date appointed appointed Adams Andrich Beacom Boyd Buchanan Clements Crawford Cupples Emo Frazer Gaston Hemphill Herron Hunter Keys Knox Lockington Mccracken McFaul Mcmullan Mullan Nelson Orr Robinson Smith Somerville Stevenson Trimble Mr Rev Rev Rev Mr Rev Mr Rev Dr Mr Rev Mr Mr Rev Mr Mr Mr Very Rev Dr Mrs Rev Mr Mr Rev Rev Mr Mr Anderson Beacom Beattie Brown Busby Cowan Cummings Curran Ferguson Garrett Giboney Henry Hunter Kerr Keys Liggett Mcclean McElnea McKibbin Millar Murdoch Nevin Reid Robinson Smyth Sproule Thompson R B Trimble Miss RSG Mrs Mr Mr Rev Mrs Rev Mr Mr CFD 02/05/2023 07/02/2023 Mr Mr Mi55 Mr Mr Rev 07/11/2023 Rev Dr Mr Rev Mr Rev Mr Mr Mr Rev Mr 06104/2023 03/07/2023 Mr Mrs 06/04/2023 1210912023 12/09/2023
an THE OMAGH PRESBYfERY OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT Resignations Surname Initials Title Date resigned 07/02/2023 07/02/2023 07/03/2023 06/04/2023 06/05/2023 18/05/2023 02/05/2023 Surname Initials Title Date resigned 12/0912023 12/09/2023 07/1112023 07/11/2023 07/11/2023 07/02/2023 Good Mccrory Rutledge Stevenson McElrea Deering Mulligan Mrs Mr Mr Mr Mr Rev Atwell Young Patterson Neill Casement Honeyford Mr Mr Mr Rev Rev Rev RSK STRUCTURE AND MANAGEMENT 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. The following congregations of the Presbyterian Church have been assigned to The Omagh Presbytery of the Presbyterian Church in Ireland: Ardstraw, Aughentaine, Aughnacloy, Badoney, Ballygawley, Ballymagrane, Ballynahatty & Creevan, Ballyreagh, Castlederg- First, Castlederg- Second, Cavanaleck, Clogher, Clogherney, Corrick, Douglas, Dromore, Drumlegagh, Drumquin, Edenderry, Enniskillen, Fintona, Gillygooley, Glenelly, Glenhoy, Gortin, Irvinestown, Killeter, Lisbellaw, Lisnaskea, Maguiresbridge, Mountjoy, Newtownbutler, Newtownstewart, Omagh - First, Pettigo, Seskinore, Sixmilecross, Tempo, Trinity Omagh, and Urney A Presbytery makes arrangements for the election of ministers in a congregation, ordains licentiates and installs or inducts and appoints ministers in the congregations assigned to it. They also ordain or install and appoint elders, commission and appoint deaconesses, senior lecturers, auxiliary ministers, lay agents and missionaries who have been called by an authorised body in the Church. A Presbytery has a role in seeing that ministers preach the Word faithfully to their congregations, regularly visit the families under their charge, visit the sick, promote peace and temperance and see that the duties of the eldership are property discharged. Presbyteries oversee the resignation and retirements of ministers and elders.
an THE OMAGH PRESBYfERY OF THE PRESBirrERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT Presbyteries provide advice to Kirk Sessions and Congregational Committees when required and have a role in approving matters in relation to congregational property. They report annually to the General Assembly and have the right to make a nomination forthe office of Moderator of the General Assembly. The membership of the Presbytery consists mainly of the active ministers of congregations a55igned to it by the General Assembly, minsters who have retired from active duty and an elder appointed by the Kirk Session of the congregation. This provides an important link between the congregations and the wider structures of the church. Stated meetings of Presbytery are held on the first Tuesday of the months of February, March, May, and November and the second Tuesday of September. A Communion Service, for all ministers and elders in the Presbytery, is held on the first Tuesday in October. All members are entitled to propose, speak and exercise equal votes at meetings, except that the Moderator, has no deliberative but only a casting vote. 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 a week in June for worship and to conduct its business. At the 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 Presbytery is the advancement of religion. The Omagh Presbytery is a Presbytery 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.
an THE OMAGH PRESBYTERY OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT ACTIVITIES AND OBJECTIVES The Presbytery has five stated meetings in the year and meets on other occasions as required, All meetings commence with worship and are opened and closed with prayer. The Presbytery carries out the following activities Supports candidates for the Ministry Installs Ordained ministers Provides pastoral support for ministers and their families Holds training events, including elders, training, marriage preparation A Presbytery Elders, Fellowship which meets on five occasions during the year. PW Link is an initiative of Presbyterian Women intended to improve communications and build relationships between Presbyterian Women. PW linl(s include a representative from each congregation and run events to support the mission and outreach of Presbytery. The Omagh PW Link provides an annual report of activities to Presbytery. ACHIEVEMENTS AND PERFORMANCE At 31 December 2023 the following numbers of personnel were under the care of Presbytery: 2023 2022 15 Ministers in active service in congregations Retired Ministers Licentiates Students forthe Ministry 15 13 During the year two ministers retired and one resigned and was presented with credentials to the Presbytery of Dublin and Munster. One student for the ministry was licensed as a Probationer forthe Ministerial Office. Eight new elders were ordained and installed.
THE OMAGH PRESBYTERY OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT The Presbytery encourages the congregations assigned to it to support 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 basi5 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 for the upl<eep 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 Presbytery also encourages congregations to contribute to the denominations annual World Development Appeal, Sunday School and Youth project and any other special appeals. General Assembly Presbyteries are represented on the various Councils of the General Assembly of the Presbyterian Church in Ireland and report on an annual basis to the General Assembly. Property Presbytery agreed resolutions regarding three congregational property projects. The Presbytery does not hold property. Volunteers The Trustees wish to acknowledge their appreciation of those who give freely of their time by serving on Presbytery, its commissions and panels.
an THE OMAGH PRESBYTERY OF THE PRESBYTERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT PUBLIC BENEFIT STATEMENT The Presbyterian Church in Ireland meets the public benefit requirement by providing benefit to its members and the general public by mal<ing 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 communitv such as through the care of those in need (including the sick, disabled and bereaved). Generally, the above benefits are delivered locally by congregational churches and 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 noticeboardsi 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 charity's beneficiaries are its members, their families, other individuals that the Presbyterian Church in Ireland is in direct and indirect contact 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 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 Presbytery has had regard to the Charity Commissions Public benefit requirement statutory guidance.
an THE OMAGH PRESBYTERY OF THE PRESBYfERIAN CHURCH IN IRELAND TRUSTEES ANNUAL REPORT FINANCIAL REVIEW The Presbytery's main source of income is an assessment that is levied on the congregations assigned to it and £12,101 was received in the current year {£10,577 in previous yearl Total expenditure increased from £13,870 to £14,553. This includes a payment made to the Clerk of Presbytery for the responsibilities of that position. STATEMENT OF TRUSTEE RESPONSIBILITIES The Trustees are responsible for preparing the annual report and the financial statements of the Presbytery in accordance with applicable law and generally accepted accounting practice. As the Presbytery'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 Presbytery's transactions and disclose with reasonable accuracy at any time its financial Position. They are also responsible for safeguarding the assets of the Presbytery and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Presbytery at a meeting on 5 March 2024 and signed on its behalf by Rev Edwin Frazer Rev David Reid
an INDEPENDENT EXAMINERS REPORTTO THE TRUSTEES OF THE OMAGH PRESBYfERY OF THE PRESBYfERIAN CHURCH IN IRELAND I report on the accounts of The Omagh Presbytery of the Presbyterian Church in Ireland for the year ended 31 December 2023, which are set out on pages 10 to 14. Respective responsibilities of charity trustees and examiner As the charity'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 Charites Act Follow the procedures laid down in the general Direction given by the Commission under section 65{9}Ib) of the Charities Act State whether particular matters have come to my attention. Basis of independent examiner's 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 accounts presented with those records. It also included consideration of any unusual items or disclosures 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: l. That accounting records were not Iiept 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 requirement5 of the Charites Act 4. That there is further information needed for a proper understanding of the accounts to be reached. Independent examiner's statement I have completed my examination and have no concerns in respect of the matters111 to (4) 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. a Mcllwaine Chartered Accountant 28-30 Old Mountfield Road Omagh, Co. Tyrone BT79 7BJ 5 March 2024
an THE OMAGH PRESBYfERY OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY (Receipts and Payments Account) for the year ended 31 December 2023 Note Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 Receipts Donations and legacies Charitable activities Investment Income Other 12,101 12,101 985 663 10,577 850 18 171 985 663 Total Receipts 12,764 985 13,749 11,616 Payments Charitable activities Investment costs 13,563 990 14,553 13,870 Total Payments 13,563 990 14,553 13,870 Net payments Transfers between funds 17991 15} (8041 12,254} Net movement in funds Funds brought forward 1799) 10,569 15) 295 {804) 10,864 (2,254) 13,118 Funds carried forward 9,770 290 10,060 10,864 10
an THE OMAGH PRESBYTERY OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2023 Unrestricted Funds Restricted Funds Endowment Funds Total Funds 2023 Total Funds 2022 Funds Reconciliation Bank and Cash at start of year Net movement in funds 10,569 {7991 295 15) 10,864 {804) 13,118 (2,254) Bank and Cash at end of year 9,770 290 10,060 10,864 Bank & Cash Balances Bank Deposit Accounts Bank Current Accounts 6,079 3,981 8,487 2,377 10,060 10,864 Other Assets Fixed Assets Investments - Note 7 Liabilities Loans Other Approved by the Presbytery at a meeting on 5 March 2024 and signed on its behalf by Rev Edwin Frazer Rev David Reid 11
an THE OMAGH PRESBYfERY OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2023 ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS As the total income of the Presbytery is less than £250,000 the Presbytery has 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. These accounts do not incorporate the accounts of the congregations assigned to the Presbytery. These have a separate legal identity and are individually registered with the Charity Commission for Northern Ireland. FUND ACCOUNTING Endowment funds are funds, the capital of which must be retained either permanently or at the Presbytery'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 (a) income from endowments which is to be expended only on the restricted purposes intended by the donor and {bl revenue donations or grants for a specific Presbytery 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 Presbytery's general purposes. Designated funds are general funds set aside by the Presbytery for use in the future. DONATIONS AND LEGACIES Unrestricted Funds Restricted Endowment Funds Funds Total 2023 Total 2022 Assessments on congregations Collections at events 12,101 12,101 10,577 12,101 12,101 10,577 12
THE OMAGH PRESBYfERY OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2023 CHARITABLE ACTIVITIES Unrestricted Funds Restricted Endowment Funds Funds Total 2023 Total 2022 PW Link 985 985 850 985 985 850 INVESTMENT INCOME Unrestricted Funds Restricted Endowment Funds Funds Total 2023 Total 2022 Deposit interest Other investment income 91 572 91 572 18 663 663 18 OTHER INCOME Unrestricted Funds Restricted Funds Endowment Funds Total 2023 Total 2022 Other income 171 171 13
an OMAGH PRESBYTERY OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS (cont'd) 31 December 2023 CHARITABLE ACTIVITIES Unrestricted Funds Restricted Funds Endowment Funds Total 2022 Total 2021 Presbytery ministry and support staff costs Presbytery running expenses Donations to missions and charities PW Link 9,585 9,585 9,538 3,978 3,978 3,367 990 990 965 13,563 990 14,553 13,870 INVESTMENTS The Presbytery does not hold any investments in its own name. The Education Board of Omagh Presbytery has investments in shares and the General Investment Fund, the income from which it gives to Presbytery as a contribution towards running costs. FUND BALANCES Balance at start Receipts Payment Surplus / Transfer {Deficit) Balance at end Unrestricted Funds Incidental Fund 10,569 12,764 13,563 (7991 9,770 10,569 12,764 13,563 (7991 9,770 Restricted Funds PW Link 295 985 990 15) 290 295 985 990 (5) 290 Total 10,864 13,749 14,553 1804) 10,060 14
EDUCATION BOARD OF OMAGH PRLI SBYTERY ACCOUNTS FOR THEI YE4 AR EI NDED 31 DEI CEMBER 2023 INCOM Current account EXPEI NDITURE Opening Balance 324.00 Distiibutions to chui'ches Education Boall'd Inconie froin investments foi chuiches for Education B0d 9,968.65 572.10 100.80 9,968.65 672.90 Fees Closing balance 31 Dec 2023 324.00 10 965.55 10 965.55 I have examined the financial statements for the year ended 31 December 2023 set out above. My examination consisted primarily of enquiry, comparison and discussion of these statements and of the information and explanation5 supplied to me by officers of the Presbytery. The statements are in agreement with the accounting records and are con51Stent with the information and explanation5 supplied to me. Glenda Mcllwaine F.C.A. Chartered Accountant