CHARITYNO. NIC101563
JAMES DAVIDSON DORNAN AND DOREEN DORNAN TRUST FOR THE YEAR ENDED 31 DECEMBER 2024 Contents Page Trustees, Report Report of the Independent Examlner Expendlture Ststement
CHARThYNO. NICIOI563 Theyrue8S presenttheirrep)rt aThJfinancialsknerMitsforthe 12nN)nth peiiodenOe1131$tDember2O24. Trustees Theloll¢)wingarethe ChathTrusteesatthedateotthi5 rep. Joseph SamuelT•e Ichalmanl. AIISLM ¢iDly. Brlan MCGIbn. aThJJanet Redin8ton. The fol[0%n&$tNed as Chaiity Twsiees duringiheyearUndeT¥ert. Joseph SamuelTa IChairm8nl. Aiisonconnolly. Brtan M¢&l)bon. Rmum[lieS aTrJJanet RedinKlOn. hWa$th ¢re1 ihai the Trusteesollhelames D3¥idson rxnan and Doreen DOranTrUcePledIheTesIoTra1 RoyHumphrle5 on health8rounds durlngthisyeai. Stn1vrQ. GeMan¢• and Managwnem TheTrustees ale themselves reSponbie10rtestIC1u. govemance, maTragemerbtarMI admlnlstraiK)n ofTheJ?mes DdsOn Dornan & Doreen Dornan Trusi. The TIUees are vclunt8ry andthose. both past and preseni. havedenved no petsonal benefiiof anykind as a res101 Ihelrlnvolvemeni In ihe m8na8emeni ofTMlames Oa¥6dson Doman & Doieen tjornan Tw5L Mlsslon Ststement Thesole mlsslon olThtJames Dthdson Doin#n aThl Dofeen D¢wnTnL8t I$sUppOrt KI111IP1trt8nch1¢h. Purposes, Alms and Oblettl¥eslPubUc Benefft TheTrustees hm pald due reqard towldance Sssued tytrCMrityCoffffifissI In th1d1a1act1¥6tle$the trustshouldundertake. Thejames Davidson Doman and Ooieen DomanTru$t Invests the capiial sum bequeaihed 10 il by the iaie Mrs Doreen Domanand the IncomederNed Iherelfom Is pald obwto the Se$S)n andCommitteeolXiUinchyPresirytwiartChuich. The beneffits Ilovrfnglrom theactfr4111esc•Jtllrd IrKlu¢Je ihe Imwodand sustalnJ admlnlsifation olthe Church andtheoNwailffloral Improvement and edlllcatlon olthe puDltC tholderUlornII.The tents¢3 be evidencedlhroughtheannualaccounts olthechurch thai setout Indeiall howthe Income has been Wlused durfnliherTrde1 iewtand lthvil has teenallocaiedthln ihechurch Itsdf and throu8hout thewider communlty. Thechurch isopen and welcomingio peisonsolallages andolanydenomination professln8 a Chrlstlan lalth, persons Other1311hs and ol no faith at ail Thechurch tThS iocominue ihe auiwties rwdlned atthe Irb lorthcomingyears. The acifvityoITheJames 00¥1dn [Man and Doreen Dornan TwsL on foot0fWloffth8te Mrs Doreen Dornan, i$to prollde IlThanclal supportio Kllllnchypreswerfan Churchand the amount ol ¢hatSUPiKJrt durin8theyear unow report Is Included In Ihe acc¢wnis forThe James Davldson Doman and Doreen Dornan TrusElorlhe5tarended 31st December2024. The Sesslon and Committeeollhechurch h absolute dlscretlon in howihe lunds ale Uilllsed In UnewiththeChurch'som obJeaNethat belthe3dvancernen1 cif reuglon. hlevemnts and P•rtomianc• Durlngtheyeai ended 31si December2019, TheTrustees ofTh¢lames DadSOn Doman and Doreen Dornan frust. exercisingthe pcYrs conferred upon Ihem tyTheWIll ol the late Mrs Doreen Doman. invested in non-income producingpropertylthe Manse) for ihe occupation and use ol "11n¢1Y Preswerian Church. ThS$lnvesimentwas achi1 tyalteringthelerm50f thEexistingloan ioThe Congregaiionol KtlllnchyPresbyierfan Church. This loanwas oKInaltyrnaoeava1lable toas5iStwth the renmtion and extension olthe Manse at62 ComberRoad. Xllllnchy, Neo¥MardS. Co. Down. The iermsofthe Loanwete altered making it a non-lnierem beartnglacilityto be repald uponthe eariieiof 31st December30191l.OOOr$j orthe Oale upon which the prijpertyceasesio be the Mansefor KillinchyPresbyteAan ChUh. The Inment Is secufed tsi ¢haoeoverihe Manse sxwat62 Cornber Road. Killinchy. Co. OoTr. Inadditk>n, TheTrustees ofTheJames Da¢S0n Dc¥nanand [Yorn DOmanTSt paid owits inwneo1£7.310 ndofallexpense510 Ihe Chuwch IPY: £7.3231.Thelund as * 3ts1 December22415 £631261 Stwlin& Please seetheaccountsl0rtheyearend 3tst Deumber 2024. PagÈ 1
Plans for Futureyears The larrtes Davidson Dornan and Doreen DornanTrust plans io¢ontinue the aultieS ouuined above In theforthcoming forthcomlngyears. subject to satisf8Ctoryfundingbeingraised. Funds Held 4$ Custodlan Thejames Davldson Doman and Doreen Dornan Trust IK*lds nootherlundsotherthan thosedetalled In its accounts. The reportwasapproved by IheTrustees. on IS October2025 and Ihelrbehail ty. Trustee Twstee Trustee Tnjstee Page 2
l approvethe accounts ofthe charityfoTtheyearened 31 December 2024contsined on page 4 and confirm that I have made available all relevant records and Infomiation forthèirpreparaiion. Trusiee Tru51ee Trustee Tnthe Independent Examlnefs Report to ttteTrustees I report on theflnanc181slatements ofthelrustforthe period ended 31 December2024, %fftlch are set out on paBe4. Responslbllltles and basls of report As theTrustees ofthe Charltyyou are responslble fortr prepafatlon olthe Ilnancbal statements in accordancewith the requlrements ol the Chariiies Act INorthem Iland) X. I report In respect of my examlnatlon of Ihe Charity's flnanclal ststefflents carrled out under the Chatoiles Act INorthem IreiaNJI 2008. In Caln8 out my examlnation I have lollowed all the appts'cable Directions glven by the Chaty Commlsslon under the Charitles Act (Northern Ireiandl 2008. Independent examlnevs ststemenl I have completed my exomlnatlon arml I Iwve no COemS In fespect otthe matters111 to141 Usied above and. In connectlon wlth tol1¢)wI the Dlrectlons of Ihe Charfty Commlssbon Tor Northem Ifeiand. I have found no mallers that requlre dran to your attentlon. the accountlng records were nol kepi In accordancewlth sectlon 63 ofthe ChadllesAct. the flnanclal statements do noi accord withlh05e records: or the 1Snanclal statements do not comply wlh the applicable requlrements concemlng the fomi and content of ateounts set out In the Charftfies (Accounts and Reports) Regulaiions 2008 other than any requ1ment that the accounts gfve a true and fairvTrewwhlch is not a matter considered as part of an independent examlnaloon. Ihatlhere Isluflher Informatlon needed lor a proper un¢JerstsntJlng ol the accounts 10 be (eached. I have no concems and have come across no other mattefs In conneciton vAth the examlnatlon to whlch attentlon should be Uiawn In thls report In order to enable a proper Lrndefstandingofthe linancla15tatements to be feathed. MISCAMPBELL &CO. Chartered Aecounrants 15 October 2025 6Annadale Avenue Bellast BT73JH Page 3
2024 2023 RECEIPTSAND PAYMENTSACCOUNT Trust Assets Balance brought forward 627.180 619.803 Recelpis Investment Income Unrealised ILosses)l Galns on Investment Funds Bank of Ireland Goodwlll Payment 13.671 5,530 13.566 7,765 19.201 21.331 Payments Investment Charges: Investment Plattorm Charges10.25%1 InvestmentAdvlce10.5%) Investment Charges (1.25%) (7211 11.5271 14,1131 16.3611 2.0% (734) (1.467) 14.042) 16,243) 2.0% Investment Charge % Legaland Professlonal Fees Bank charges (3721 (771 (4491 (3361 (52) 1388) Total Expenses (6.8101 16,631) Net Income 12,391 14,700 Income distrlbutable to Kllllnchy Presbyterlan Church 17,310) 17.323) Surplus In Trust Assets In Year 5,081 7,377 Trust Assets Balance carrled forward 632,261 627,180 Represented by: Bank of Ireland CurrentAccount Aegon- Investment funds Aegon- Investment funds current account Killinchy Presbyterkan Church 2,251 301.928 8,635 319,447 2.700 297,532 7.501 319,447 632.261 627,180 Note I TheAegon Funds have been recognised at marketvalue and movement shown as unrealised Ilossiigain. Page 4