2025-12-31-accounts

cHA￿￿y NO. NICIOIS63 DAVIDSON DORNAN AND D REEN DORNAN TR ST

JAMES DAVIDSON DORNAN AND DOREEN DORNANTRUST FOR THE YEAR ENDED 31 DECEMBER 2025 Contents Page Trustees, Report Report of the Independent Examiner Expendlture Statement

CHARWYNO. NIC101563 TheTrustee5present IheiriÈportand llnanclalsi8iem8nisforthe 12moMh teriodended 31StDecembÈf2025. Trustse5 Thefollowngarethe ChailtyTiustees ailhe daieollhisreport.. 105ephSamuelTatsichalrrnanl.Aiison Connolly, Btian McGibbon, andJanetRedington. IheloliowingseNed 85 CharityTrusteesduiin8theyeaiunderrewrt. Jo$eph SamuelTaielChairmonl, Ausonconnoily. BrianMcOibbon.andlantrt Redin810n. Structure, GD¥einan¢e •TrdMana8emenf TheTiusiees arethemselves responsibielorthÈsltucture, goveinance. tnanagernentandadministration ofTheJame5Davidson Dorn8D& Doreen Dornan Tmsi. TheTrusiees arevoluniaryandthose. both pamand present, havedeiive¢ no personalbeneflt0lanyk1￿ isaresuiiof theirinvolvemeniinthEmana$emwit ofThel8mes Dawdson Doinan &Doreen DomanTiust. Mlssion Statement The sole mL%sion olTheJam 0awids0nt￿r￿anand DoieeTr DornaThTru511stosuprortKillirKhyPre5Weiian Church. Purp05es,Wmsand Objectbyo￿pUtsI1t Bentiit TheTrusteeshave pald dueregardtoguldance iSSLd byihecharltycommission Indecidingwhaiactivllie51heltuslshouid undertake. TheJ8mesDavldson Dornanand DoieenDorn8nTTu$i invests the c8piial$umbequealhedtoil bytheialem￿ Doreenoomanandthe income derlved therefrom15 pald overtolhe Kiiksession8ndComm￿seo1knU1nChYPreSbytÈIrÈ￿ Churth. Thebeneiiislio¥wngfrom Iheacilv￿le$ OUtlin8d intiudÈthe Itnproved andSUSlainedadnwnistiatlonofthe¢hurch andtheoverallrnoral Improvemeni and edificallonof putlicthaiderive5from it. Thebenelltscan beevidencedthrvughtheannu31accounis oltheChur¢hthai setoul In detailhowiheincometta5beenuiillsedduringiheye8runder reportand hthil has been8lloc4tedwilhin IhEChurch 11self and IhroughOutlhew￿ercOMmun4ty. The Churchis openandwel¢omingioper50n5 of 3llagesand olarydenominaiion professing8 Christian lallh. peisonsolotherfalthsand ol no laiihataii. Thechurtn plartsioton￿nUÈ1hEIc11vrt1e$ tsutiinedabove Inforthcomingyeais. Adlvlttes Thea¢tlvityoIThe1ar￿S DI￿￿50n Dornanand Doreen Dorn8nTwsi, onlootollheMiiolthe￿teMls0trreenDts[nan.ls1op[OV1￿tfina￿IaI supportio Kllllnchy Pre5b￿erIan Church andlhearnouniofth8lSUPPOrt durlngiheyearunderieport tsincluded In ihe actount5forThe Jatnes Davidson Dornanand DoreenOomanTru5tlortheyearended31st Decembef 2025 Thesession and CommitteeDftheChuith have 8bsolutedlseretk)n In howthefundsareutilised InbneTrhiththeC￿rCh.soYmCbJ.eCti¥¢IhdtbeInelhear￿jnCernern0f reb"81cn. A¢hlevements Perfomiance Duiingrheyearended 31StDecwnber2025, TheTru5tee501TheJames Da￿dSOn Doinanand DoieenDornanTiust. exeTcisingihepowets confeTred upDnthem bylhewillolthelaiemrs Doreen Dornin, ￿ve￿Ie￿I￿ non-l￿Orr￿ produckngpropertyiiheManseif￿the occupation Énd use of KillinchyPresbWeiian Church.This inve5tmentwasachieved byalleringihe lerms0flhee￿stinelQan toTheCongreEalion of KillinchyPresbsrterlanChurch. Thls108nwas oiiwnallymadeavai18blet0è5515l￿1hthe renovaiion3nd e￿enSivA0fl￿e Manse a162Comber Road. Kllllnchy, Ne￿￿3rds,co. Down.Theierm$ of the loanwereaiiered m8kinglttnon-inierestbeariwlatilitytObe Fepaid uponlhe eariierof 31stDecember301911,OOOyearsl orlhedate uponwh1chthepropertyceasgsiobeihemanseioi￿1l1nchyPi￿b￿te[18nChUI¢h. Theinvestmenl Issecured bya 151chargeo¥2rthe Manse propertyat62eomberRoad, Kllllncty, NevAownards, Co. Down. In 8ddilion,TheTrusle2$01ThtrJarrvdS D&ison Doman and L¥>FeÈn DofnanTrustPald overhtsincome of £10,572netolallexpensesioihe Chjieh. Thelund a53131stDecember2025is£864,395 Sterling. Pleaseseeihe accounisfortheyearended 315tDecernt¢r2025. Page 1

Plansfoi Futsjreyears TheJam25 Da￿d50Th DDinaTrand Doreen DO[￿nTrust piansto contlnuethe acimtles oudlned above Intheforthcoming forthcominÈyear$. subjectto s8tisfactoryfundlngbelngr3i5ed. Fvnds Heldas C￿￿0d18n TheiaTne5 D4vldson Dornan ano Doreen DomanTrustM￿S nootherrund50tl￿ItranthQ5e detalied In ￿8¢￿Unt5. The reportW8s approved bythèTAr$tges. on20June2026andsi8ned ontheiib•hglf by.. Tru6tse Trustee Trustee TrvsTre P39e 2

I ieport oniheflnanclalststementsolthetrustforthe periodended310ecember2025,whichare set out on page4 Aespon51bllltles and ba$l$ol report AstheTrustees otthe Chartyyouare responslblelorthe preparatlonof theNnanclal statsment$lnaceordancewith the requirementsof the Charilles Act (Northern Irelandl2008. It Is myre5ponslbilltylo- examinethe accounts unOersectlon65of the ChaiillesAct followihe procedures &lddown In ihe g8neralDirectiOn5 given bythe Commisskin under5ection 6519llbl of Ihe ChaiitiesACt • Statewhplherparticulaimatters havecometo myattention. I have examlnedyoui charityaccounts as required undei seuion65 olthe CharltiesACtaNJ myexaminauonwas caNied Olrt In accordance wlth the general Directlons gEven bylhe CharityC(mrnis5ion forNorthern Ireland under se¢tion6519llbl otlhe Charities Aci. Myexamination included 8 reviewof the8ecountln8 Tecord5 kept bythe ¢harfty8nd a comparison of the accounts presentedwiththose records. 11 also included consideration of anyunusualltems ordlsclosure5 Inthea¢¢ounis, and seeknngexplanètion$from you ascharllytrusieesconceinlnganysuth matters. Independentexamlner'$statement I have compleied Tny examination. l Conflrmthai no matter5 ha¥ecomelo myattention in connects"onwththe examination givingme causeto bellevethatin anymaterf81respect. accountingrecordswere not kept in respectoflhecharityasfequired bysection 63olthe 2008ACt thefinancial 5tateTnetrt51JO notaccord those recor(Js'. 01 the financial statèments do not comply vmih the applicable reouirements concerning the form and contenr financial staiements seioui in the Charities IA¢counts and Reportsl Regulations 2008 otherthan any requirement that ihe flnancial statements wve a true and fairview, whlch is not a matter consider&d a5 Part of an indepenLlent o¥aminatlon. I have no concern5 and nave come across no Oihei matters in co[￿eCtion ￿th ihe examlnatlon to whlch attention should be drawn Inth15 reportlnorderfo enable a proper understandingof thefln£ncialstaiements to bereached. MISCAMPBELL& CO. Charteied Accountants 29June2026 6Annadale Avenue Bella$t BT731H Page 3

ED 2025 2024 RECEIPTS AND PAYMENTSACCOUNT Trust Assets Balance brought forwaid 632.261 627.180 Receipts Investment income Unrealbsed (Lossesll Gains on Investment Funds Bankof lieland Goodwill Payment 17,099 33,081 13,671 5,530 50,189 19.201 Payments Investment Charges.. Investment Platform Charges10.25%1 Investment Advice10.5%1 Investment Charges11.25%1 15601 11.6091 14,3581 16,5271 2.0% 17211 11,5271 14.1131 16.3611 2.0% Investment Charge % Legal and Professional Fees Bank charges 18701 1781 19481 13721 1771 14491 Total Expenses 17.4751 16.8101 Net Income 42.715 12,391 Income distributable lo Killinchy Presbyterfan Church 110,5721 17.3101 Transfer loan payment 191 Surplus in Trust Assets in Year 32,134 5,081 Trust Assets Balance carried forward 664.395 632,261 Represented ty. Bankof Ireland CurrentAccount Investment Fund5 Killinchy Presbyterfan Church 1,312 343,644 319,438 2.251 310.563 319.447 664.395 632,261 Note I The Aegon Funds have been recognised at marketvalue and movement shown as unreallsed Ilossllgain. Page 4