Charty Number: 101722
Company Number: N1054357 (Northem Ireland>
THE INSTITUTE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS (IN
NORTHERN IRELAND) LIMITED
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

THE INSTITUTE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS (IN
NORTHERN IRELAND) LIMITED
CONTENTS
Page
Legal and administrative infomation
Direclors, report
Statement of Directors, responsibilities
Independent audito¢s report
8-10
Statement of financial activities
11
Balan￿ sheet
12
Statement of cash flows
13
Notes to the financial statements
14-21

THE INSTITUTE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS (IN
NORTHERN IRELAND) LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Directors
Br ChristopherThomas Patrick Collier
Br Eamonn Manning
Br Michael Loran
Br Patrick John Kelleher
BrJames Mangan
Br Joseph Reid
Secretary
Br Michael Loran
Charity number {Northern Ireland)
101722
Company number
N1054357
Registered office and principal address
De La Salle Residence
Glanaulin
141 Glen Road
Belfast
Northem Ireland
Auditor
Walsh O'Brien Hamett
Chartered Accountants and Statutory Audit Fimi
104 Lower Baggot Street
Dublin 2
Bankers
Allied Irish Bank (Nll
University Road
Belfast
Solicitors
Napier & Sons
1-9 Castle Arcade
Belfast
P.J. McGrory & Co
52 Andersonstown Road
Belfast

THE INSTITUTE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS (IN
NORTHERN IRELAND) LIMITED
DIRECTORS. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The Directors. who are also trustees ol the thatity lor the purposes of the Companies Act 2CW36 present their
annual report together with the audited financAal statements of The Institute of the Brothers of the Chrlstian
Schools In Norttwn Ireland for the year ended 31 December 2023.
The th're¢tors Confirm that the Annual Roport and financial stat•mants of Ihe company comply with the Current
ststulory requirements. the requirements of the cornpany's governing document and the pmmsions of the
statement of Recommended Prath"ce ISORPI. applicable to charities preparing their aceounts in accordance
wrth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 as amended by
Updats Bulletin 1 {8ff8ctive 1 January 2019).
STRUCTURE GOVERNANCE AND AIANAGaW4T
The chanty was establish8d on 16 March 21XIS as a charitable company and i8 limited by guarantee, not having
share capital. The compan￿$ registered number is NIO543S7 and its registered tharity numbor is 101722.
Govgmance
The Institute of the Brothefs of the chri5b.an Schoo15 {In Northern Ireland) Limitsd 15 governed by its
Memorandum and Articles of AssorAation wlM"th w¢ro ￿ended by speryal rosolution on 30 August 2005.
DirectLYs
The Directors. who are also the Trustees of the charity. at ts date of this report and those who served during tho
financial year together wth the dates of any ¢h8rys are s•t out in th• hgal and administrative detsils on pa
The Director5 of the charrty are appointed by the Prowncial and Counul of the De La Salbe congregatTon, 85 sot
out in thè MemoraTrJum and Artidès of Association. Tho number of Dir8Ctors is determined by the Counctl. ￿￿h
minimum of and a maximum of seven. Diredors are sdected based on their willingness to serve,
govwnancÈ skn"Il$, relevant experienee. and ￿jgnMent with the èthos. mtssion. and philosophy of tha charity.
Their tenn of office is four years. renewable as deemed apprcyriate by the Provinaal and Counal.
Mombers of tho charrty also haNp tho power to appoint new Directors or fiN ￿U•l v*¢ancies and may. by special
re501ub"on, remove a Director before the expry of th*r temi. Directors do not recwv¥ wmUnera￿on but may be
remnbursed for out-of-pocket ex￿nSeS. and no Director may be emrAoyed by the chanty.
Th8 secretarywho soNed during the yearwas 8rotherMichael Loran.
M8nagern8nt
The Diredors are rosponsible for setting and implementing the charthes policie$. The board mgets re9ulaty in
mplianca with its statutory responsibilibas and roTr*iyw th8 impact of the charity arKI its achievemonts.
Directots are not remunerated for th*"rsavices and are not reimburned for any oul-of*ocketexpenses.
PrinopalRisks and UnCert￿"n￿l?S
The Directors are re5ponsibte for settin9 the charities internal Syst￿1$ contrc4s and lor ￿VIewIng them for
effectiveness. The inlemal systems and Contr￿ system FS deggned to manage. rather than eliminate the risk of
failure to achieve the charities objectives and Gan onty provKJe reasonable and r)ot absolute assuran￿ against
material misstatements or dekit. The Oirecttys are not aware of any speofi¢ risks or uncartainties which wouhJ
have an impact on th• compary.

THE INSTITUTE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS (IN
NORTHERN IRELAND) LIMITED
DIRECTORS. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The otyect and piincipal ath.wty of The Instibjte of the Brothers of the christi.an Sthods (ln Northern Ireland)
Limited is that of advanaThJ the Roman Catholic Faith in Northem Ireland and to prowde or assist in the provision
of educakn'on of children and young person'$ attending in any school or educabond e5tablishm8nt in which
religious instruction in the doctrine, principl8s and precepts of the Roman Catholic Faith is given.
Our main charitable activities a￿ the sw)port of 8rothers arKI th•r ministries wkn.th faeilitates the core activibes of
the Institute carried out through..
the manag*m•nt of Jchools. 08 La Sall• High S¢ho¢4 Oownpatric* and Sl Patrid('s Grammar School.
Downpatrid(. As of September 1. 2024 these tsyo schools merged wth St Mary's H￿Jh School to fom
Lecale Trinity Grammai School, a new 11-19 ctreducational voluntary grammar schod under the
trusleeship of The Instrtute of the Brothers of the chn5ts.an Schools (ln Northem Ireland) Limited. The
Brothers were active members on both boards of manapment the end of the academic year 202>2024.
the operation of two residences at Glen Road Belfast and Dv*npatric
lunding to the De La sal￿ Pastoral Centre in 8elfast
The Institute also acts as bare trustee for the properb.es of the De La s￿le Congregation in Northem Ir¥land as
outlinad in note 12 to the finanaal statements.
Publlc Benofft
The Director5 hav• reviv4¥ed the olevant guidance publishgd by the Charity Commrssion for Northem I￿￿nd
conceming the principles of public benéfft in r¢l•tion to both the advancament of odu¢8tion and the advancement
of idigion. The Directorn are satisfied that all of the activitEs of the charity.. as ouvined in the achievemerrt and
perfomance section of this report, fall ¥￿h1Th rts ststed thantable obiecb'ves and wovide a dear benefit to the
public.
The CharTrty's facAitie*$ offer Oppo￿nIbe$ young persons and adults to grow physical￿. mentally, and 8iMrrtual
through training. instruth"ons. coun5elling and supeThrsion. alongsKle the provision of suitable educab.onal and
instruth'onal resources.
Ths N¥0 schools - one secondary and one grammar - share a common othos. fostering an environm•nt that
supports growth and promots.on of Lasallian CathcAi¢ faith in Northem Ir•land.
In response to the Department of Education poliaes and Governmenys Area-based PlanniThJ requirements, the
Institute is activety assistgd the th￿ post-primary s(*ools in Downpatrid( - Do La Salle High School. St Patrick's
Grammar School. arKI St Mary's Hvjh School - in •stat￿lshIng a partn•fship. Together, they workfjd towards
¢r•ating o model of co-educational provision for l 1 -1&year-olds in Dowryatrick and the sUrroUr￿lng njral area.
As ol September 1. 2024 V)e Lasallian sthools in Downpatn"ck mer9ed with St Mary's H￿h School to fom
Lecale Trinity Grammar School, a new 11-19 c￿lucatiOnal voluntary grammar $ch¢x4 under th8 trusteeship of
The InstitLrt8 of the Brothers of the Christian Schools {In NOrt￿￿M Ireland) Limited.
The dir•¢t benefit lollowing Irom th• charitib￿ purposes of the Institute are of a pastoral. Spifitual. educational
and indusive nature. These actiwties help studer)ts and adults devel¢)p their personal development. socaal skills,
faith, and spintual lives. It enables them to improve their self*steeffl, have a greater awareness of themselves and
olhers. The spiritual dimension permaates daily a¢ti¥it*, and the students are •n¢our4ed to believe in their own
worth as chddren of God by whom Ihèy ar• lov•d unconditio￿.

THE INSTITUTE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS (IN
NORTHERN IRELAND) LIMITED
DIRECTORS. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
Before the Covi&19 parthJ•mic. the De La S•lle Pastoral Centre in Belfast ¢ater•d for an average of 39 schools
each year with over 2.000 yOLfftg peoth attendtng ore of the ¥ar￿uS retreat programmes available each year.
Throughoui 2023 the number of schools parts"apabn9 In the La Salle P&storal Centre continued the steady
increase back to pre£oMd numbers. The value of these acts"vrts"es is evtdenced by POSTbve feedback from
paTb"cipants. The relationships formed among teachers, students. and the past(Y81 care framework aro a$ vrtal lo
$haping a schod's ethos as the fornial currithum or the skills of the educators.
The primary benefioaries of Ihe De La Salle Pastoral Centre are sbjdgnts in local schods in the Belfast. as well
as the wider community, who use the pastoral facilrtt'es.
Through the In$tibJt8's intéma￿na[ connectio￿. tsa¢h•rs and pa$toral staff at the two scho¢4s, and tho pastoral
ntre in Belfast benefit from a variety of formation and trairring programmes amed at their ongoing personal,
profEssional and spiritud develo￿lIent.
ACHIEVEMENT AIID PERFORPAAPKE
ThroughoLrt 2023 the number of young pec* beneffted from the yogrammes of the 8effa$t La Salle
Pastoral Centre has reached again the 2019 prfrpandemrc tevels. Throughout trE year the centrg offered the
following programmes..
For Primary School students. Confirmation Retreats and Transition Retreats {primary to SerA￿dary)
A range of ag&appropnate retreats for Se￿Tr3ary stLhJents from Year 8 to Year 14
Year 8.. 8eginrirvJs
Year 9." Lovg One Anothr
Year 10: ￿at Can I t)0?
Year 11.. Finding a Mor* Compass
Year 12.. Self￿SteeM and Res￿￿nCe
Year 13." Beliets and Atbtudes
Year 14.. Go¢J Speaks to the Heart
Retreats bassa on resilN*nce
Advent and Lenten retreats
ProgTammes and sessions off•r8d in school ratherthan atlhe tsntre."
Journey ofytyjr Heart- a meditation prr•3ramme delI￿red ovor Ihrw dass period sessions for
Years 13 and 14 students
Ignatian Daily Examen for Years 13 and 14 st
meditab.on for Year 8 students
Advent an￿Or Lent ontire short refieth.ons via Zoom for school gmLV4
Retreats for other grcNJPS induding sthool staffs. parish groups. folk group5. youth gra￿1
Art Psychothorapy programme on Tuesday arKI T￿r5daY aftemoons and evermngs
A School Chaplaincy programme.
Tho Cha￿01nCY programme is a jc4nt In￿atiVe bO￿A the Pa$tOTal Centre, three kxal priasts and stsff members
in 8¢hools. The School chaplaincy Pfogramme was initiated in De La Salle College, Belfast and then extended to
three other schools. The idea is to support a small group of teact*rs to act as chaplains within their own schools.
The De La Salle r89idenca in G￿n Road Beltsst aCComfr￿at0d the Cursilio Group two rmghts weekly and a St
Vincont do Paul group weekly throughoLrt the year. An Art Therapy Group was ￿s0 occasionally hosted there.
The D• La Salle residen￿ in D¢ywnpatn"(* accommodatod a St VirKent de Paul group throughoul the year.
All faGiltlies provirjed by both resid¢nces p￿￿ded (ree of thwge.

THE INSTITUTE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS (IN
NORTHERN IRELAND) LIMITED
DIRECTORS. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The thrn• post-prwnary s¢hoc48 ¥1 DoW￿atrK￿.' De La Salle Hyh School. St Patridt's Gr￿Mar SctK>oI, arKI St
Mary's High School have teen sw)ported to establish a partnership in N¥t)ich they worked together to create
model of C￿educatiOnal 11-19 prowsion for trse Downpatnck area. Since January 2023 this work has Inten￿fied.
The De La Salle Tfustees arKI Dictesan response lo the Department of Education poli￿0S and Governmgnt
requiramant for Ar•&bas¢d Planning is an all abiltty c1￿ucatiOnal 11-19 school. This new school is deS￿nated
voluntary Grammar schod offering pathways to a ojrriojlum academi¢ and vocational choices. This one
¥chod model will m￿MIse and ensure the accessikn.lity of tsgh qualty V levd Lasallian Cathdic education in
Downpatrick into the future. Trustees have successfvmy ensured the appointment of highty competent and widely
respected members of the community as ind•p8ndont Memb￿ on tho Intorwn Board of Govwnors (IBOGI of the
proposed new school.
The process has teen evolutionary.. Principals, Boards of Govemments and Trustees have been working on this
since 2012.The inaugural meeb.ng of the Int￿rn Board of Gov8mors Mgetsng of the New School In DownpatrKk
took place on 1W January 2023. 0￿r the ¢our5e of the subsequent monthty m•eting$ of th& 18OG, an
imP￿mentall0n plan was agreed to ensure lh• Suc￿$sft￿ and ts.mety fvlfiknent of the various steps and actions
required lo ensure the opening of the new school by Septembgf 2024. During this peris)J, rt was agreed, following
consultation with representalive groups of students, parents and staff from thg three Schools in¥ofved, that the
name of the new school would be LeCa￿ Trinty Grammar School. This new educational instrtution will build on the
Icffjg ostablished and great educalional tradibon of the Mercy armd De La Sab Congregations.
HIA Inq￿ry
The Institut• of the Brothets of the Christian Schools (in Northem Ireland) knmited haNE been involved with the
Hisloricd Institirtion Abuse irquiry IHIAI Sin￿ 2012 and supplied HIA *fjth all its needs in relation to legd matters.
In 2014 and in 2015 mernber5 of the Ccfflpany attoTrJed the HIA Inquiry, made statements and gavg oral evidence
to it. Following th• publi¢atron of the HIA report in 2017 the mwnbers of th8 Company ￿ntinUed lo support the
redress board set up by th• HI
MembeT5 of the Comparry tO9elhw with member5 of other CongregationslCompanie$ [T￿l wilh the First Minister
the Deputy First Minister to dis¢u$$ the question of r8dros5.
Member5 of th• Company had a private meeting with an independent facilitatry to diS￿sS the quests.on of a
vduntary contrTrbub"on to the redress scheme
At th8 time of appro¥ing tt*8e financial staternents. vc4untary Contritr￿tiOns to the redr•ss sthemes hav8 not yet
been finalised and no •stimat• of fulure ￿n￿bub.0ns. if any, ha￿ been induded in Ihe finano81 ststements tor the
year ended 31st December 2023. publiC￿d contributs.on to tr* Redress Scheme was made by the De La
Sall8 Order in the Republic of Ireland.
HNANCIAL REVIEW
During 2023. the total income amounl&d to £248.266 {2022.. £299.803) which is math up of brothers. donated
pensions. community In￿Me and bank Inte￿t. Expenditure amounted to £457.97512022." £230.693). Legal costs
1£195,61518 comrnunty stipends {£136.4tXll were the largest expenditure item$ in 2023. 148t expendrture for th•
year amounted to £209,709 {2022'. net iiKcrfno of £69.110).
Reservgs Poky
Resems are needed to relain surpluses which are not distribLrted or $p•nt $htytty after an accounting yew ond
but rather retained lo afiow for any furiher reductions in incom8 or unanlb¢ip8ted expendibjre not provided for in
annual budgets. The Charity CommK%sion req￿re5 that Directors recognise tre reserves Issue, asses5 the needs
of the enlrty, seek to reach an appropriate levd wrthin a reasonable tsmescale and ￿port their reserves polb¢y in
the annual rep¢)rt accompanying the finanrA statements. The actual rgseNes at 31 December 2023 wera £1,984
(2022.. £211,693).

THE INSTITUTE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS (IN
NORTHERN IRELAND) LIfftArrED
DIRECTORS, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The policy relating to the reserves of the chaiity are reviewed annualty by the Directors.
The Directors have revtewed the Charilies fu￿re budgets and forecasts and are conffdent that there is sufficient
fvnding available to ensure the char(ty can continue its acknvities for the foreseeable fvlure. and the financial
statements can be approved as a going concem.
PLAIIS FOR THE FUTURE
The Direciors have no plans to change the activilies or cl)ithes of the chwity.
POST BAIANCE SHEEf EVENTS
There have been m significant events affeding the company since the finaniial year-end.
Auditors
The aLKJitors. Walsh O'Brien Hamett. {Chartered Accountants) have indKzted their willingness to continue in
Offi￿ n accordance with the provisions of 485 c< the CoMp￿￿eS Act 2LKi6.
Compliance with Sector41ide Leglslation and Standwts
The company engages pro-actively with legislation. slandards and codes which are developed for the sector.
The Institute ofthe Brothers of the Christian Schoo15 (in Northem Ireland) Li￿ted subscribe5 to and is compliant
With the following:
-The Companies Ad 2006
- The Charities SORP (FRS 102)
- Chanty Comfflissionfor N￿)rth￿ Ir*nd {CCNI) gjijance
- The Charities Ad 2008
Political Contributions
The company did not make anydisdosable pofitKal donations in the eAJrrent year.
Special provisions relating to srnall Companie&
The above report has been prepared in a￿OrdanCe with the spe(ial probfj5ions relating to small companies within
Part 15 of the Companies Act 200&
Disclosure of Infomiation to auditors
Each of the Diredors has confirm&J that there is no infcrfmation of which they are aware which is relevant to ihe
audit. but of wkmch the auditors are Unawa￿ They have further ojnfimied that they have taken appropriate steps
to identy such relevant informaticn and to eslablish that the auditors are aware of such infomation.
Approved by the Board of Directcffs and si9ned on its behalf by.
Br Eamonn I￿nning
Dlrector
Br James Mangan
Director
Dated: 22september2024

THE INSTITUTE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS (IN
NORTHERN IRELAND) LIMITED
STATEMENT OF DIRECTORS, RESPONSIBILITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
The directors are responsible for preparing the financial statements in accordance with applicable law and
regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the
directors have elected lo prepare the financial slatements in accordance wtth United Kingdom Generally Accepled
Accounting Practice {United Kingdom Accounting Standards and applicable lawl including FRS102 'The Financial
Reporting Standard applicable in Ihe UK and Republic of Ireland" Under company law the directors must nol
approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of
the company and of the net income or expenditure ofthe company for that period.
In preparing these financial statements. the directors are required to=
select suitable accounting policies and appty them consislenlly-
observe the methods and principles in the Charities SORP
make judgements and eslimates thal are reasonable and prudent.,
slate whelher Ihe financial statements have been prepa￿d in accordance with the relevant financial reporting
framework, identify those standards. and note the effect and the reasons for any material departure from those
standards., and
prepare the financial statements on the going cOn￿M basis unless it is inappropriate to presume that the
company will continue in operation.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the
company's Iransactions and disclose with reasonable accuracy at any time the financial position of the company
and enable them to ensure that the financial statements comply with the Companies Act 2006 the Charities Act
(Northern Ireland) 2008. They are also responsible for safeguarding the assets of the company and hence for
taking reasonable sleps for the prevention and detection of fraud and other irregularities.
In so far as the directors are aware..
there is no relevant audit information {inforTftation needed by the company'5 auditor in connection with preparing
the auditorfs report) of which the company's auditor is unaware, and
the directors have laken all Ihe steps that they ought to have laken as direclors in order to make themselves
aware of any relevant audit infornation and to establish that the company's auditor is aware of that information.
Approved by the Board of Directors and signed on its behalf:
Br Eamonn Manning
Director
Br James Mangan
Director
Dated: 22 September 2024

THE INSTITUTE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS (IN
NORTHERN IRELAND) LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF THE INSTITUTE OF THE BROTHERS OF THE CHRISTIAN
SCHOOLS (IN NORTHERN IRELAND) LIMITED
Opinion
We have audited the financial slatements of The Instttute of the Brothers of the Christian Schools {in Norlhem
Ireland) Limited {the 'Company'l for the year ended 31 December 2023 which comprise the statement of financial
activilies, the balance sheet, the slatement of cash flows and the notes to the financial stalemenls, including
significant accounting policies. The financial reporting framework that ha5 been applied in their preparation is
applicable law and United Kingdom Accounting Standards. including FRS 102 The Financial Reporting Standard
applicable in the UK and Republic of I￿land and Accounling and Reporting by Charities= Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102.
In our opinion, the financial statemenls-
give a true and tsir view of the stale of the charitable company's affairs as at 31 December 2023 and of its
incoming resources and application of reSoUr￿s, for the year then ended.,
have have been properly prepared in accordan￿ with Financial Reporting Standard 102 'The Financial
Reporting Slandard applicable in the UK and Republic of Ireland" and in accordance with the Slatement of
Recommended Practice "Accounting and Reporting by Charities. and
have been prepared in accordan￿ with the requirements of the Companies Act 2006 and Charities Act
(Northern Ireland) 2008.
Basis for opinion
We conducted our audit in accordance with Intemational Standards on Auditing {UKI (ISAS {UKI} and applicable
law. Our responsibilities under those standards are further described in the Auditorfs ￿SponSibl11t1eS for the audit of
the financial statements sedion of our report. We are independent of the Company in accordance with the ethical
requirements that are relevanl to our audit of Ihe financial statements in UK. including the Elhical Slandard for
Auditors issued by the Financial Reporting Council {FRC). and the provisions available for small entities, in the
circumstances set out in note 3 to Ihe financial statements, and we have fulfilled our other ethical responsibilities in
accordan￿ with these requirements. We believe that the audtl evidence we have oblained is sufficient and
appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial slatements. we have concluded that the Directors, use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have perfomed, we have nol identified any material uncertainties relating to events or
conditions that, individually or collectivety, may cast significant doubt on the Company's ability to continue as a
going concem for a period of at least Iwelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the Directors with respect to going concern are described in the
relevant seclions of Ihis report.
Other information
The other information comprises the information included in the annual report other than the financial statements
and our audilor's report thereon. The Directors are responsible for the other infomation contained within Ihe annual
report. Our opinion on the financial statements does not cover the other information and we do not express any form
of assurance conclusion thereon. Our responsibility is to read the other infomiation and, in doing so, consider
whether the other infomiation is malerially inconsislent with the financial stalements or our knowledge obtained in
the course of the audit, or otherwise appears to be materialty misstated. If we identify such material inconsistencies
or apparent malerial misslatements, we are ￿qUired to detemine whether Ihis gives rise to a material misstatemenl
in the financial statements themselves. If. based on the work we have perfomied, we conclude that there is a
material misstatement of this other infomation, we are required to report that fact.
We have nothing to report in this regard.

THE INSTITUTE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS (IN
NORTHERN IRELAND) LIMITED
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF THE INSTITUTE OF THE BROTHERS OF THE CHRISTIAN
SCHOOLS (IN NORTHERN IRELAND) LIMITED
Opinion on the Other Matters Prescribed by the Companies Act 2006
Based solely on Ihe worf( undertaken in Ihe course of the audil, we report that=
in our opinion, the information given in the Directors. Report is consistent with the financial ststements,. and
in our opinion. the Directors, Report has been prepared in accordance wlth applicable legal requirements.
We have obtained all the information and explanations which we consider necessary for the purposes of our audit.
In our opinion the accounting records of the Company were sufficient lo pemiit Ihe financial ststements to be readily
and properly audited, and Ihe financial slatemenls are in agreement with Ihe accounting records.
Matters on which we are required to report by exception
Based on the knowledge and understanding of the Company and its environment obtained in the course of the
audil, we have not idenlified any material misstatements in the Directors. Annual Report.
the information given in the financial statements is inconsistent in any material respect with the Directors,
report., or
sufficient accounting records have not been kept., or
the financial statements are not in agreement with the accounting records,. or
we have not received all the information and explanations we require for our audit.
Responsibilities of Directors
As explained more fully in Ihe stalement of Directors, responsibilities. the Directors are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair view, and for such
inlernal control as the Directors detemiine is necessary to enable the preparation of financial stalemenls thal are
free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Directors
are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable,
matters related to going concem and using the going concem basis of accounting unless the Directors either inlend
to liquidate the chariiable company or to cease operatr'ons. or have no realistic altemative but to do so.
Auditor's responsibilities for the audit of the financial statements
We have been appointed as auditor under section 65{2) of the Charities Acl (Northem Ireland} 2008 and report in
accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assuran￿ about whether the financial statements as a whole are free from
material misstatement. whether due to fraud or error. and to issue an auditorfs report that includes our opinion.
Reasonable assurance is a high level of assurance but is not a guarantee that an audil conducled in accordance
with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or
error and are considered material if, individually or in the aggregate. they could reasonably be expected to influence
the economic decisions of users taken on the basis of these financial stalements.
Irregularilies, including fraud, are instances of non-complian￿ wtlh laws and regulations. We design procedures in
line with our responsibilities. outlined above. to detect material misstatements in respect of irregularities, including
fraud. The extenl to which our procedures are capable of detecling irregularities, including fraud, is delailed below.
Extent to which the audit was considered capable of detecling irregularities. including fraud
Irregularilies. including fraud, are inslances of noncompliance wtlh laws and regulalions. We identified and
assessed the risks of material misstatement of the financial statements from irregularities, whether due to fraud or
error, and discussed Ihese belween our audit team members. We Ihen designed and perfomed audit procedures
responsive to those risks, including obtaining audit evidence sufficient and appropriate to provide a basis for our
opinion.

THE INSTITUTE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS (IN
NORTHERN IRELAND) LIMITED
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF THE INSTITUTE OF THE BROTHERS OF THE CHRISTIAN
SCHOOLS (IN NORTHERN IRELAND) LIMITED
We obtained an understanding of the legal and regulatory frameworks within which the charity operates, focusing on
those laws and regulalions Ihal have a direct effect on the delemination of material amounts and disclosures in the
financial statements. We assessed the required compliance with these laws and regulations as part of our audit
procedures on the relaled financial statement items. In addition. we considered provisions of olher laws and
regulations that do not have a direct effect on the financial stalemenls but compliance with which might be
fundamental to the charity's ability to operate or to avoid a material penalty. We also considered the opportunities
and incentives that may exist within the charity for fraud.
Auditing standards limil Ihe required audit procedures to identty non-compliance with these laws and regulations to
enquiry of the directors and olher management and inspection of ￿gUlatOry and legal correspondence, if any. We
identified the greatest risk of material impact on the financial statements from irregularities, induding fraud, to be
wilhin the timing and completeness of recognition of granl and conlracl income and major donations and the
override of controls by management. Our audit Pro￿dureS to respond to these risks included enquiries of
management and the Audit Committee about their own identification and assessment of the risks of irregularities,
testing of a sample of Iransaclions against Ihe lems of the funding agreemenls and the requirement of the Charities
SORP {FRS1021, sample testing on the posting of journals. reviewing accounting estimates for biases and reading
minules of meetings of those charged wilh g0veman￿.
Owing to the inherent limitations of an audit, there is an unavoidable risk that we may nol have delecled some
material misstatements in the financial statements, even though we have propedy planned and performed our audit
in accordance with auditing standards. In addition. as with any audrt, there remained a higher risk of non-detection
of irregularities, as these may involve collusion, forgery. intentional omissions. misrepresentalions, or the override of
internal controls. We are not responsible for preventing non-compliance and cannot be expected to detect non-
compliance with all laws and regulations.
A further description of our responsibilities is available on the Finanual Reporting Council's website at.. https.'Il
www.frc.org.uklaudilorsresponsibiif(ies. This description foms part of our audilorfs report.
Joseph O'Brien (Senior Ststutory Auditor)
for and on behalf of Walsh O'Brien Hamett
Chartered Accountants and Slatutory Audit Fimi
104 Lower Baggot Street
Dublin 2
22 September 2024
10-

THE INSTITUTE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS (IN
NORTHERN IRELAND) LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestricted Unrestricted
funds
funds
2023
2022
Notes
Incorne
Donalions and legacies
Charitable activites
Bank interesl
197,219
45,790
5,257
227,063
71,801
939
Tolal income
248,266
299,803
Ex
enditure
Charitable expenditure
457,975
230,693
Net movement in funds
(209,709)
69,110
Fund balances at 1 January 2023
211,693
142,583
Fund balances at 31 December 2023
1,984
211,693
The slatement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements ft)r an income and expenditure account
under the Companies Act 2006.
11

THE INSTITUTE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS (IN
NORTHERN IRELAND) LIMITED
BALANCE SHEET
AS AT 31 DECEMBER 2023
2023
2022
Notes
Fixed assets
Tangible assets
12
4.723
11,744
Current assets
Debtors
Cash at bank and in hand
13
5,257
212.060
375.005
217.317
375,005
Creditors: amounts falling due within
one year
14
(220.056)
(175.056}
Net current {liabiltties)lassets
(2.739)
199,949
Total assets less current liabilities
1,984
211,693
Funds
General funds
15
1,984
211,693
1,984
211,693
These financial statements have been prepared in accordance with the provisions applicable to companies subject
to the small companies regime.
The financial statements were approved by the Directors on 22 September 2024
Br Eamonn Manning
Director
Br James Mangan
Director
12-

THE INSTITUTE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS (IN
NORTHERN IRELAND) LIMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
Notes
Cash from operating activities
Cash absorbed by operations
20
(162.945)
(11,815)
Investing activities
Investment income received
939
Net cash {used in}Igenerated from
investing activities
939
Net cash used in financing activities
Net decrease in cash and cash equivalents
(162,945)
{10,876)
Cash and cash equivalents at beginning of year
375,005
385,881
Cash and cash equivalents at end of year
212,060
375,005
13-

THE INSTITUTE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS (IN
NORTHERN IRELAND) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
General inforniation
The Institute of the Brothers of the Christian Schools (in Northem Ireland) Limited is a company limited by
guarantee incorporated in Northem Ireland. The registered office is De La Salle Residence, Glanaulin, 141
Glen Road, Belfast, BT11 8BP, Northem Ireland. The nature of the Company s operations and ils principal
activities are set out in the Directors. Report.
Accounting policies
The following accounting policies have been applied consistently in dealing with items which are considered
material in relation to the Company's finanoal statements.
2.1 Accounting convention
The financial statements have been prepa￿d in accordance wtth the Companies Act 2006 and "Accounting
and Reporting by Charities.. Statement of Recommended Practi￿ applicable to chartties preparing their
accounts in accordance with the Finanual Reporting Slandard applicable in the UK and Republic of Ireland
IFRS 102) (effective 1 January 2019)" The Company is a Public Benefit Entity as defined by FRS 102.
The financial stalemenls a￿ prepared in Pound sterling (£), which is the functional currency of the Company.
Monetary amounts in these financial statements are rounded to the nearest £.
2.2 Going concern
At the lime of approving the financial statements. the Direclors have a reasonable expeclation Ihat the
Company has adequate reSoUr￿S to continue in operational existen￿ for the foreseeable future. Thus the
Directors continue to adopt the going concem basis of accounting in preparing the financial statements.
2.3 Charitable funds
Unreslricled funds represent funds which are expendable at the discretion of the Company in the furtherance
of the objects of the Company. Such funds may be held in order to finan￿ both working capital and capital
investment.
2.4 Income
Income is recognised when the Charity is legalty entitled to it after any perfomiance conditions have been
met, the amounts can be measured reliably, and it is probable that income will be received.
Donations, including salaries and pensions of individual brothers are recognised when the District has
entitlement to the income, the amount can be reliably measured and it is probable that the income will be
received. In the evenl Ihat a donation is subject lo condtlions that ￿qUIre a level of performance before the
Charity is entitled to the funds, the income is deferred and not recognised until either those conditions are
fully met, or the fuifilmenl of those conditions is wholly within the control of the Charity and it is probable that
those conditions will be fulfilled in the reporting period. Cash donations collected are recognised as income
when the Charity gains control, and the amount can be reliabty measured.
Income from the charitable activities is recognised to the extent that tl is probable that the economic benefits
will flow to the Charity and the revenue can be reliably measured. It is measured at fair value of the
consideration received or receivable. including any relevant value added lax.
Inveslment Income from financial assets and interest on funds held on deposit are included when receivable
and the amount can be rneasured reliabty by the Charity.
14-

THE INSTITUTE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS (IN
NORTHERN IRELAND) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policies
(Continued)
2.5 Expenditure
Expenditure is included in the Statement of Finan￿al Activities on an accruals basis and includes an
attributable VAT which cannot be recovered.
Expenditure comprises the following=
al Charitable expenditure comprises expenditure on the Company's primary charitable purposes.
bl Governance cosls comprise the costs directly attribulable to the organisational procedures and the
ne￿SSary legal procedures for Complian￿ with statutory requirements.
2.6 Tangible fixed assets
Tangible fixed assets are initialty measured at cost and subsequently measured at cost or valuation, net of
depreaation and any impairment losses.
Deprecialion is recognised so as to write off the cost or valuation of assets less their residual values over their
useful lives on the following bases..
Motor vehicles
25Yo Straight line
The gain or loss arising on the disposal of an asset is detemiined as the difference be￿een the sale
proceeds and the carrying value of the asset, and is recognised in net incomel(expenditure) for the year.
2.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid
investments with original matUTities of three months or less. and bank overdrafts. Bank overdrafls are shown
within borrowings in cu￿ent liabilities.
2.8 Basic financial assets
Basic financial assets, which indude debtors and cash and bank balan￿s, are initialty measured at
transaction price including transaction costs and are subsequentty carried at amortised cost using the
effective interest method unless the arrangement constilutes a financing transaction, where the transaction is
measured al Ihe present value of the future receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
2.9 Basic financial liabilities
Basic financial liabilrties, including credf(ors and bank loans are initially recognised al Iransaclion price unless
the arrangement constitutes a financing transaction, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilfiies classified as payable
within one year are not amortised.
Debt inslruments are subsequentty carried at amortised cost, using the effective interesl rate method.
Trade creditors are obligations to pay ft)r goods or servi￿$ that have been acquired in the ordinary course of
operalions from suppliers. Amounls payable are classtfied as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequenlty measured al amortised cost using the effective interest melhod.
2.10 Taxation
The Institute of the Brothers of Christian Schools (in Northem Ireland) Limited is not subject to tax as it has
charitable exemption (Charity Number 101722).
15-

THE INSTITUTE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS (IN
NORTHERN IRELAND) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policies
(Continued)
2.11 Provisions
Provisions for liabilities made in the financial statements are shown within current liabilities where the
consideration expected to be paid can be reliably measured.
2.12 Foreign exchange
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange
ruling at the balance sheet date. Transactions, during the year. which are denominated in foreign currencies
are translaled al Ihe rates of exchange ruling at the date of the transaction. The resulting exchange
differences are dealt wth in the Statement of Financial Activities.
Provisions available for audits of small entities
In common with many other charitable companies of our size and nature. we use our auditors to assist with
the preparation of the financial statements.
Critical accounting estimates and judgements
In the application of the Company's accounting policies, the Directors are required to Tnake judgements,
estimates and assumplions about the carrying amount of assets and liabilities that are not readily apparent
from olher sources. The estimates and associated assumptions are based on historical experience and olher
factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and undertying assumptions are reviewed on an ongoing basis. Revisions to accounting
eslimates are ￿CogniSed in the period in which the estimate is revised where the revision affects only thal
period, or in the period of the revision and future periods where the revision affects both currenl and fulure
periods.
Key sources of estimation uncertainty
Useful economic life of tangible assets
The annual depreciation on tangible fixed assets is sensitive to changes in the estimate useful economic lives
and residual values ofthe assets. These estimates are reviewed annualty and amended when necessary.
The Directors do not consider Ihal there are any key assumptions conceming the future. or any other key
sources of estimation uncertainty. that have significant risk of causing a material adjustment to the carying
amounts of assets and liabilities within the nexl reporting period.
Income from donations and legacies
Unrestricted Unrestricted
funds
fvnds
2023
2022
Donations of Brothers, Pensions
197,219
227,063
16-

THE INSTITUTE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS (IN
NORTHERN IRELAND) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Income from charitable activities
Unrestricted Unrestricted
funds
funds
2023
2022
Community income
45,790
71,801
Income from investments
Unrestricted Unrestricted
funds
funds
2023
2022
Bank inlerest
5,257
939
Expenditure on charitable activities
Support of the Support of the
Brothers and Brothers and
their Ministries their Ministries
2023
2022
Depreciation
Direct costs
7,021
441,322
7,021
214,746
448,343
221,767
Share of g0Veman￿ costs (see note 9)
9,632
8,926
457,975
230,693
17-

THE INSTITUTE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS (IN
NORTHERN IRELAND) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Support and governance costs
Support Govemance
costs
costs
Support Govemance
costs
costs
2023
2022
Audtt fees
9.632
9.632
8,926
8,926
9.632
9.632
8,926
8,926
Analysed between
Charitable activities
9.632
9.632
8,926
8,926
Support and governance costs are allocated to charitable activities on actual basis.
Support and governan￿ costs indudes payments to the auditors of £9,632 12022 £8,926) for audit and
advisory services.
10 Net movement in funds
2023
2022
Net movement in funds is stated after chargingl(crediting)
Depreciation of owned langible fixed assets
7,021
7,021
11 Directors
l Directors. are members of the Insif(ute of the Brothers of the Christian Schools (in Northern Ireland)
Limited. The Directors consider that they alone comprise the key management of the Company. As members
of the District, the direclors, living and personal expenses are borne by the Company bul they receive no
remuneration or reimbursement of expenses in connection with their duties as Directors {2022= none).
18-

THE INSTITUTE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS (IN
NORTHERN IRELAND) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
12 Tangible fixed assets
Motor v?hicles
Cost
At 1 January 2023
45,085
At 31 December 2023
45,085
Depreciation
Al 1 January 2023
Depreciation charged in the year
33,341
7,021
At 31 December 2023
40,362
Carrying amount
At 31 December 2023
4,723
At 31 December 2022
11,744
The Company holds tille to the following propety- These propety are held in trust for Ihe De La Salle Brothers
Ireland and are not part of the assets ofthe company.
Glenaulin, 141 Glen Road, Bewast
- 4 Stream Street, Downpalrick
The Company also acts as Trustee for the properties comprising of St. Patrick's Grammar School,
Downpatrick, and De La Salle High School. Downpatrick. All properties are held in accordance with the
regulations of the Department of Education in Northem Ireland and are not part of the assets of the company.
13 Debtors
2023
2022
Amounts falling due within one year:
Prepayments and accrued income
5,257
14 Creditors: amounts falling due within one year
2023
2022
Other creditors
Accruals and deferred income
215,000
5,056
170,000
5,056
220,056
175,056
19-

THE INSTITUTE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS (IN
NORTHERN IRELAND) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
15 Unrestricted funds
The income funds of the charity include the following designated funds which have been set aside out of
unrestricted funds by the trustees for specffic purposes:
Balane• al
1 January 2023
Ineomè Exp•ndiiu
Balane• at
31 Dae•mb•r
2023
General fund
211,693
248,266
(457,975)
1,984
211,693
248,266
(457,975)
1.984
16 Related party transactions
The Institute of the Brothers of the Christian Schools lin Northem Ireland) Limited and the De La Salle
Brothers- Ireland are related due to commonality of Directors l Trustees.
The Institute of the Brothers of the Christian Schools (in Northem Ireland) Limited received income from
donalions of salaries and pensions from the De La Salle Brolhers in Northern Ireland amounling lo £197,219
during the year {2022'. £227,063). They also re￿iVed additional support of £43,524.
The Inslilute of the Brothers of the Christian Schools (in Northem Ireland) Limited provided a total of £203,400
of financial support to De La Salle - Communities and Pastoral Centres in Northern Ireland 12022.. £202,400)
The Institute of the Brothers of the Christian Schools (in Northem Ireland) Limited acts as trustee for
properties of the De La Salle Congregation in Northem Ireland as outlined in note 12 to the financial
slatemenls.
17 Status
The Company is limited by guarantee not having a share capital. The Company's registered number is
N1054357.
The liabilty of the members is limited.
Every member of the Company undertakes to contribute to the assets of the Company in the event of its being
wound up while they are members, or within one year thereafter, for the payment of the debls and liabilities of
the Company contracted before they ￿aSed to be members. and the costs, charges and expenses ofwinding
up, and for the adjustment of the rights of the contributors among themselves, such amount as may be
required, not exceeding £1.
18 Post Balance Sheet events
There have been no significant events affecting Ihe Company since the financial year end.
-20-

THE INSTITUTE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS (IN
NORTHERN IRELAND) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
19 Contingent liability
The Institute of the Brothers of the Christian Schools (ln Northem Ireland) Limited is currently incurring legal
and other costs relating to a statutory inquiry into the alleged historical abuse of children in Northern Ireland.
The Historical Institutional Abuse Inquiry in Northem Ireland reported in January 2017 and a redress scheme
was established. in March 2020.
The Institute of Ihe Brothers of the Christian Schools (In Northem Ireland) Limited expects to incur further
legal and other costs in relalion to the inquiry. however it is not possible at the present time lo provide a
reliable estimate of these future costs.
Voluntary contributions to the redress schemes. rf any, have not yet been agreed and it is therefore not
possible at the present to provide an estimate of any future contributions.
20 Cash generated from operations
2023
2022
(Deficit)Isurpus for the year
(209.709)
69,110
Adjustments for..
Investment income recognised in statement of fiTran￿al activities
Deprecialion and impaimient of tangible fixed assets
15,257)
7,021
(939)
7,021
Movements in working capital=
Ilncrease}Idecrease in debtors
Increasel(decreasel in creditors
45,000
{87,010)
Cash absorbed by operations
(162,945)
(11,815)
21