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2024-12-31-accounts

Trustees MrsSBeach
MrMGood
MrJBrownlow
MrsRWard
Charitynumber
Registeredoffice 58MyraRoad
Downpatrick
CoDown
BT307JX
Independentexaminer DrRIPetersGallagherOBEFCA
Moore(N.I.)LLP
4thFloorDonegallHouse
7DonegallSquareNorth
Belfast
BT15GB
Bankers DanskeBank
49-51MarketStreet
Downpatrick
CoDown
BT306LR
Solicitors CleaverFultonRankin
50BedfordStreet
Belfast
BT27FW
Investmentadvisors BrewinDolphinLimited
12SmithfieldStreet
London
EC1A9BD

Unrestricted Unrestricted
funds
funds
2024
2023
Notes
£

£
Incomefrom:
Incomefromcharitableactivities 3 9,235
9,180
Investments 4 12,714
11,929
Totalincome 21,949
21,109
Expenditureon:
Charitableactivities 5 7,485
14,702
Other 9 3,799
3,634
Totalresourcesexpended 11,284
18,336
Netlossoninvestments 10 6,257
(11,750)
Netmovementinfunds 16,922
(8,977)
Fundbalancesat1January2024 388,546
397,523
Fundbalancesat31December2024 405,468
388,546

2024 2023
Nees E E
Fixedassets
Investments 13 380,100 364,703
Currentassets
Debtors M 10,418 4,809
Cashatbankandinhand 16,550 20,546
26,968 25,355
Creditors:amountstailingduewithin 16
oneyear (1,600) (1,512)
Netcurrentassets 25,368 23,843
Totalassetslesscurrentliabilities 405,468 388,546
ThefundsoftheTrust
Unrestrictedfunds 17 405,468 38$.546
405.468 388,546

Unrestricted Unrestricted
funds funds
2024 2023
Rent 9,235 9,180

Unrestricted Unrestricted
funds
funds
2024
2023
Incomefromlistedinvestments 11,349
10,692
Interestreceivable 1,365
1,237
12,714
11,929

Total Total
2024 2023
Maintenance 2,814 10,750
Insurance 2,079 1,951
Rates 1,648 1,845
Electricity 100 (600)
6,641 13,946
Shareofgovernancecosts(seenote6) 844 756
7,485 14,702
6 Supportcostsallocatedtoactivities
2024 2023
Governancecosts 844 756
Analysedbetween:
Independentexaminationfees 844 756

Theaveragemonthlynumberofemployeesd uringtheyearwas:
2024 2023
Number Number
Total

Unrestricted Unrestricted
funds
funds
2024
2023
Stockbrokermaintenancefees 3,071
3,565
Bankfees 33
33
Otherexpenditure 695
36
3,799
3,634

Unrestricted Unrestricted
funds
funds
2024
2023
Revaluationofinvestments 6,257
(11,536)
Gain/(loss)onsaleofinvestments -
(214)
6,257
(11,750)

13 Fixedassetinvestments
Brewin NICIF Total
Dolphin
Costorvaluation
At1January2024 298,543 66,160 364,703
Additions 9,140 - 9,140
Valuationchanges 4,003 2,254 6,257
At31December2024 311,686 68,414 380,100
Carryingamount
At31December2024 311,686 68,414 380,100
At31December2023 298,543 66,160 364,703
14 Financialinstruments 2024 2023
Carryingamountoffinancialassets
Instrumentsmeasuredatfairvaluethroughprofitorloss 380,100 364,703
15 Debtors
2024 2023
Amountsfallingduewithinoneyear: £ £
Tradedebtors 8,225 2,623
Prepaymentsandaccruedincome 2,193 2,186
10,418 4,809
16 Creditors:amountsfallingduewithinoneyear
2024 2023
Accrualsanddeferredincome 1,600 1,512

At1January Incoming Resources Gainsand At31
2024 resources expended losses December
2024
Generalfunds 388,546 21,949 (11,284) 6,257 405,468
Previousyear: At1January Incoming Resources Gainsand At31
2023 resources expended losses December
2023
Generalfunds 397,523 21,109 (18,336) (11,750) 388,546