CL(iGHER DIOCESE SOCIAL FUND
ST,ITEMENT OF FINANCIAL AcrivrTILS
for the Year Ended 31 DECEMBER 2023
31.12.23
Total
fuods
31.12.22
Total
fi￿d$
Unrestricted
fund
Restricted
fimd
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
&193
8.193
7.717
Investment income
30.930
30,930
30,205
Total
39.123
39.123
37.922
EXPENDITURE ON
Raising funds
772
6,772
7,032
Cbaritsble activities
Maintenance grants payble
22,965
22.965
26.035
Other
930
930
931
Total
30,667
30,667
33,998
Net gains/(losses) on investsnents
27.813
27,813
(68.814)
NET INCOMFJ(EXPENDITURE)
36269
36,269
(64,890)
RECONCILIATION OF FUNDS
Total funds brought forward
1.090,890
1.090,890
1.155,780
TOTAL FUNDS CARRIED FORWARD
1.127,159
1.127,159
1,1)90,890
The notes fonn part of these financial statements
Page 4

CL(iGHER DIOCESE SOCIAL FUND
BP.LANCE SHF.F.T
31 DECEMBER 2023
31.12.23
Tot21
funds
31.12.22
Total
funds
fund
fund
Notes
FIXED ASSETS
Investments
io
I,IM6,019
1,046,019
1,005,778
CURRENT ASSETS
Cash at bank
81,140
81.140
85.112
NET CURRENT ASSETS
81,140
81,140
85.112
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,127,159
1.127,159
1.090,890
NET ASSETS
1,127,159
1.127.159
1,090,890
FUNDS
Unrestricted funds
I,J27.l59
I.090.890
TOTAL FUNDS
l.127,159
1,090.890
The f￿anCial statements were approved by the Board of TnL%tecs and authorised for issue on 16 April 2024 and were
signed on its behalf by:
Rt Revd Dr l Ellis Bishop of Clogher- Trt￿tee
4-L 00
The Thotes forni part of these firwicial statements
Page 5

CIAiGHER DIOCESE SOCIAL FUND
NOTES TO THE FINANCIAL STATEMENts
for the Year Ended 31 DECEMBER 2023
AccouKfING POLICILS
Basis of preparing the financial ststemeDts
The fmancial statements of the charity. which is a public t￿)efit entity under FRS 102. have been prepared in
accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of
Recottunended Practice applicable to ¢hariti¢s prq>aring their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective l January 2019)..
Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of
Ire12nd' and the Charities Act 2011. The financial ststements have been prepared under the historical cost
convention. with the exception of investments which ate included at market value.
Income
All income is reco￿lSed in the Statement of Financial Activities once the charity has entitlement to the funds, it
is PTobable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised expenditure as soon as there is a legal or CA)nstructive obligation committing the
charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be M￿ured reliably. Expenditure is accounted for on an accruals basis and has
been classified under headlngs that aggregate all cost related to the category. Where costs cannot be directly
attributed to particular headings they have been allocated to activities on a basis consistent with the use of
resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commEtment but
not accrued as expenditure.
Tax2tlOD
The charity is exempt from tsx on its charilable activities.
Fund a¢¢ounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds (￿n only be used for particular restricted purposes within the obje£ts of the charity. Restrictions
arise when specified by the donor or when fun(ts are rnised for particular Testrtcted purpow.
Further explanation of the nature and purp(w of each fund is included in the notes to the financial statements.
Investments
Investments are stated at current market value.
DONATIONS AND LEGACIES
31.12.23
31.12.22
Subscriptions and subscribing parishes
RCB distributions
1,868
6J25
1,660
6,057
&193
7,717
Page 6
continued...

CL(iGHER DIOCESE SOCIAL FUND
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 DECEMBER 2023
INVESTMENT INCOME
31.12.23
31.12.22
Deposit account interest
InvestmeTht income
819
30,111
145
30,060
30,930
30,205
RAISING FUNDS
InvestmeDt management Costs
31.12.23
31.12.22
Investment management fee
6.7n
7,032
CHARITABLE ACTIVITIES COSTS
Grant
fimdtng of
activities
(see note
6)
Maintenance grants payble
22.965
GRAKfs PAY ABLE
31.12.23
31.12.22
Maintenance grants payble
22.965
26.035
SUPPORT COSTS
Management
FiThanLY
Totals
Other resources expended
762
930
TRUSTEES, REMUNERATION AND BENEFITS
There were no tnLStees' remuneration or other benefits for the year ended 31 December 2023 nor for the year
ended 31 December 2022.
Trustees, expenses
There were no trustees. expenses paid for the year ended 31 December 2023 noi for the year ended
31 December 2022.
Page 7
continued...

CUiGHER DIOCESE SOCIAL FUND
NOTES TO THE FINANCIAL STATEMENfs- contlDued
for tbe Ye¥r Ended 31 DECEMBER 2023
COMPARATIVES FOR THE STATEME1￿ OF FINANCIAL AcrivrriES
Unrestrictol Restrict
fimd
fimd
Total
funds
INCOME AND ENDOWMENfs FROM
Donations and legacies
7.717
7.717
tnvestment income
30205
30,205
Total
37.922
37,922
EXPEIYDrtURE ON
Raising funds
7.032
7,032
Charitable activities
Maintenance grants payble
26,035
26.035
Other
931
931
Total
33.998
33.998
Net gainsl(lo&ses} on investments
(68,814)
(68.814)
NET INCOMEI(EXPENDITURE)
(64.890)
(64.890)
RECONCILIATION OF FUNDS
Total fun(ts brought forward
1,155.780
1.155,780
TOTAL FUNDS CARRIED FORWARD
I.090,8￿j
1,090.890
io.
FIXED ASSET INVESTMEKrs
Listed
investments
MARKET VALUE
At l January 2023
Additions
Disposals
Increase in valuation
1,005,778
80.049
(67.621)
27,813
At 31 Decernber 2023
1,046,019
NET BOOK VALUE
At 3 l December 2023
1,046,019
At 31 December 2022
1,005.778
The markd value of investment &ssets held at 31 December 2023 are comprised of the following:
Investment assets held within the UK - £737.343
Page 8
continued...

CLOGHER DIOCESE SOCIAL FUND
NOTES TO THE FtNANCIAL ST ATEMEwfs - coDIiDued
for the Year EDded 31 DECEMBER 2023
io.
FIXED ASSET INVESTMENTS- tontinued
Investment assets held outside the UK - £308.676
Cost or valuation at 31 December 2023 is represent￿1 by:
Listed
investments
Valuation in 2023
1.046.019
ii.
mOvEME￿r IN FUNDS
Net
movement
in funds
At
31.12.23
At 1.1.23
Unrestricted fund5
General fijnd
1,09).890
36269
l.A27,159
TOTAL FUNDS
1.090,890
36369
1,127,159
Nes movement in funds, includa in the above are as follows:
Incoming
Gains and
losses
Movement
in funds
expend
UDrestrieted funds
General fund
39,123
(30,667)
27,813
36269
TOTAL FUNDS
39,123
(30.667)
27.813
36269
Comparatives for movement in funds
Net
movement
in fi￿dS
At
31.12.22
At 1.1.22
Unrestricled fuods
Genernl fund
.155,780
(64,890)
1.090,890
TOTAL FUNDS
1.155,780
(64,890)
1.090,890
Page 9
continued...

CL(iGHER DIOCESE SOCIAL FUND
NOTES TO THE FINANCIAL STATEMENTS - tonti••ed
for the Year Ellded 31 DECEMBER 2023
MOVEMENT FUNDS - Continued
Compardtive net movement in ￿nds. included in the above are as lollows:
Incoming ResouTces Gains and
losses
Movement
in funds
Unrestricted furyds
General fund
37.922
(33.W8)
(68,814)
(64,890)
TOTAL FUNDS
37,922
(33,998)
(68,814)
{64.890)
A current year 12 months and prior year l2 months c￿mbined w)siti<)n is as follows:
Net
movement
in funds
At
31.12.23
At 1.1.22
Unrestricted funds
General fund
1.155.780
(28.621)
1,127,159
TOTAL FUNDS
1.155,780
(28,621)
1,127.159
A current year 12 months and prior year 12 months combined n& movement in funds. included in the above are
as follows:
Gains and
losses
Movement
in funds
Unrestricted funds
General fund
77,373
(64,993)
(41,001)
(28.621)
TOTAL FUNDS
77.373
(64.993)
{41.001)
(28,621)
12.
RELATED PARTY DISCLOSURFS
There were no related party transactions for the year ended 31 December 2023.
Page 10

. CLOGHER DIOCESE SOCIAL FUND
DETAILED STATEME￿[ OF FINANCIAL AcrivrtlES
for ihe Year Ended 31 DECEMBER 2023
31.12.23
31.12.22
INCOME AND ENtMIWMENTS
DonatlODS and legacies
SubscrEPtions and Sub￿ribl1)g parishes
RCB distributions
1.868
6J25
1.660
6,057
&193
7.717
IDvestment tncome
Deposit account interest
Investment income
819
30,111
145
30.060
30,930
30,205
Total iDeoming resources
39,123
37,922
EXPENDrruRE
Investment managemeDt costs
Investment management fee
6.772
7,032
Charitable activities
Grants to institutions
Grants to individuals
1s(KJ
21,465
1,500
24.535
22,965
26,035
Support costs
Management
Insurance
168
168
FiDallce
Bank charges
Accountancy
42
720
43
720
762
763
Totsl resources expended
30,667
33.998
Net income
8.456
3,924
This page does not form part of the statutory fmancial statements
Page 11