TRUSTEES, REPORT CHARITY NO NIC101563 JAMES DAVIDSON DORNAN AND DOREEN DORNAN TRUST FOR THE YEAR ENDED 31 DECEMBER 2022 The Trustees present their report and audited financlal slalemenls for the 12 month perlod ended 31st December 2022. Trusto8s The following are the Charity Trustees 81 the dale of this report.. Joseph Samuel Tale Ichairmanl, Aiison Connolly, Brian McGibbon, Roy Humphries and Janel Redinglon. The following served as Charity Trustees during the year under report, Joseph Samuel Tate Ichalrmanl, Alison Connolly, Brian M¢Gibbon, Roy Humphries and Janel Redinglgn. stru¢turg. Govornan¢• and Manag&ment The Truslees are Ihems&lves respon8Ibl8 for the Slwcture, govemance, managem6nl and admlnlstrallon of The Jameg Davidson Dorn8n & Doreen Dornan Trust. The Trustees are voluntary and those, both past and present, have derived no persoiial benefit of any kind as a result of their involvement in the management of The James Davidson Doman & Doreen Dornan Trust. Mlsslon Stotomgnt The sol¢ mission of The J8me8 Davidson Dornan and Doreèn DomAn Trusllg lo support Killlnehy Presbyter18n Church. Purposes, Alm8 and Obloctlvo8lPubllc Benoflt The James Davidson Dornan and Dore6n Dornan Trust Invests the capital sum bequeathed lo it by the late Mrs Doreen Dornan and the Incorne d8rlved therefrom Is paid over lo the Kirk Session and CoTnmillee of Killin¢hy Presbyterian Church. The benefits flowing from the aclivilies oullined include the improved and sustained adrninislralion ol the Church and the overall moral improvement and edification of tho public that dgrives from11. The ben&fll8 can be ovidonced through the annual accounts ol the Church that sel out In delall how the income has been ulilised during the year under report and how il has been allocated within the Church itself and Ihroughoul Ihe wider community. Tlie Church is open and welcoming lo persoiis of all ages and ol any denomination professing a Christian faith, persons of other faiths and of no fpilh 81811. The Church plans lo continue Ihg acllvltl88 oulllned above In forthcomSng ye8r8. Actlviti•* The activity of The James Davldson Dornan and DOen Dornan Trust, on fool of the Will of the late Mrs Doreen Dornan, Is lo provide financial support lo Killinchy Presbylerian Churd) and (lie amount of that support during the year under report is included in the accounts for The James Davidson Dornan and Doroen Doman Trust for the yfjar ended 3181 December 2022. The Session and Committee of the Church have absolute discretion in how the funds are ulilised in line with the Church's own objective which is the advancement of religion. Achievoments and Pgrformanc$ Ouring the year ended 31st December 2022, the Trustees of The James Davidson Dornan and Doreen Dornan Trust, exercising the powers Conferred upon them by The Will of the late Mrs Doreen Dornan, invested in non-income pr(xlucing property Ilhe Mansel for the occupation and use of Killin¢hy Presbyterian Church. This investment was achieved by altering the terms of the existing loan lo The Congregation of Killinchy Presbyterian Church. Thls loan was originally made available lo assist with the renovation and extension of the Manse al 62 Comber Road, Killinchy, Newtownards, Co. Down. The terms of the loan were altered making il a non-interesl bearing facility lo be repaid upon the eadier of 31st December 301911,000 years) or the dale upon which the pioperty ceases to be the Manse for Killinchy Presbyterian Church. The investment is secured by a 1 sl charge over the Manse propety at 82 Comber Road, Killinchy, Newtownards. Co. Down. In addition, The Trustees of The James Davidson Doman and Doreen Dornan Trnsl paid over ils income of £7,323 nel of all expenses lo the Church IPY.. £3.8681. The fund is £619,803 Sterling. Please see the accounts for the year ended 31st December 2022. Page I
TRUSTEES. REPORT JAM VIDSO ORNAN AND OREEN DORNAN T FOR THE YEAR ENOED 31 OECEMBER 2022 Plans for Future Years rhe James Davidson Dornan and Doreen Doman Trust plans to continue the aGtivilies outlined above in the forthcoming forthcoming years, subject lo salisfaclory funding being raised. Funds Held a8 Cu¥todlan The James Davidson Doman and Doreen Dorn8n Trust holds no other funds other than those dotailed In Ils accounts. The roport was approved by the Trustees, on 23 October 2023 and signed on their behalf by.. Trust Trustee Trust Truslpe TrUste Pag& 2