CLOGHER DIOCF.SE SOCIAL FUND STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 DECEMBER 2025 31.12.25 Total funds 31.12.24 Total funds Unrestricted nd R¢stri¢ied fund Noies INCOME Af4D ENDOWMENTS FROM Donaiions and leg1¢5 8,990 8.990 9.609 Envestment income 31J43 31?43 31,313 Total 40J33 40J33 40,922 EXPENDITURE ON Raising funds 6,997 6.997 7.064 Charitable activities Mainienance grants payble 25,7511 25.750 32.500 Other 778 778 929 Total 33.525 33.525 40.493 Net gains on investments 85,663 8S,663 3,569 NET INCOME 92,471 92.471 3,998 RECONCILIATION OF FUNDS Total ndS brought fonvard 1.131.157 1.131.157 1.127.159 TOTAL FUNDS CARRIED FORWARD 1223.628 1,223,628 1,157 The notes fomi part gf these financial s(atements Page 4
CLOGHER DIOCESE SOCIAL FUND BALANCE SHEF.T 31 DECF.MIIF.R 202$ 31.12.25 Total fynds 31.12.24 Total funds Unrestricted fwid Restricted fund Notes FIXED ASSETS Invesiments 10 1,135,838 1.135.838 1,048,950 CURRENT ASSETS Cash at bank 87,790 87,790 82,207 ]YET CURRENT ASSETS 87,790 87.790 82.207 TOTAL ASSETS LESS CURRENT LIABILITIES 1.223.628 1,223,628 1,131,157 NET ASSETS ,223.628 1.223.628 1,131.157 FUNDS Unrestricted funds ,223,628 TOTAL FUNDS 1.223,628 11)c financial statements were approved by the Board of Trustees and authorised for issue on 21 April 2026 and were signed on its behalf by". Rt Revd Dr l Ellis Bishop of Clogher- Trnstee The note5 forni part of ihese finanLial statements Page S
CLOGHER DIOCESE SOCIAL FUND NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 1)F.C.F.MBF.R 2025 ACCOUNTING POLICIES Basis of preparittg the financial statements The financial statements of the charity, which is a public benefit entity under FRS 102. have been prepared in accordance with the Charities SORP (FRS 1021 'Accounting and Reporting by Charitkes.. Statement of Recommcnded Practice applicable to charities preparing their account5 in accordance with the Financial Reporting Siandard applicable in the UK and Republic of Ireland (FRS 102) {effective l January 2019),, Financial Reporting Stondard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. with the ex¢¢ption of investtnents which are included at tnarket value. Ineome All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expettditure Liabilities are reCO)Ised as expenditure as soon as there is a legal or constructive obligation comtnitting the charity to that expenditure, it is probable that a transfer of economic benefits will be required tn settlement and the amount of the obligation can be TSUred reliably. Expenditur¢ is accounted for on an accruals basis and been classified under headiRg5 that aggregate all c05t related to the ¢ategory. Where costs cannot be directly attribuied io parti¢ular headings ihey have been allocated to activities on a b&8is consistent with the use of resourees. Grants offered subject to conditions which have not been met at the year end date are noted as a ¢ommhtment but not accrued as eXpendIre. Tax*tlo The charity is exempt from tax on its charitable activities. Fvttd xccouDtiTrg Unrestricted funds can be used in accordance with the charitable objective5 at the dis¢retion of the trustees. Restricted funds only be used for particular restricted purposes within the objects of the charity. Restrictions aris¢ when specified by the dop.or or when funds are raised for particular restricted purposes. Further explanation of the nature and yurpose of each nd is included in the notes to the financial statemints. lttvestments Investments are stated at current market value. DONA TIONS AND '.EGACIES 31.12.25 31.1224 Subscriptions and subscribing parisiies RCB distributions 2,748 6,861 7,236 8,990 9.609 Page 6 continued...
CLOGHER DIOCESE SOCIAL FUND NOTES TO THE FINANCIAL STATF.MENTS- <ontinued for th¢ Ye#r Ended 311)F.CF,MIIF.R 2025 INVESTMENT INCOME 31.12.25 31.12.24 Deposit account interest Investmen( income 864 30,479 1,064 30.249 31J43 31,313 RAIsIf4G FUNDS Inve5tmtttt m*n4gement Costs 31.12.25 31.12.24 Investment management fee 6.997 7,064 CHARITABLE ACTIVITIES COSTS Grant funding of activities {see note 6) Mainlenance grants payble 25.750 GRANTS PAY ABLE 31.12.25 31.12.24 Mainienance grants payble 2S,750 32.500 SUPPORT COSTS Other resouwes expended 78 Page 7 continu...
CLOGHER DIOCESE SOCIAL FUIYD NOTF.S TO THE FINANCIAL STATEMENTS- eontirtued for the Year Ended 31 DECEMBER 2025 SUPPORT COSTS- contioued Support Costs. tncluded in the above, are as follows-. 31.12.25 Other resources 31.12.24 Total a¢tivities expended Insurance Bank charges Accountancy 168 41 720 34 744 778 929 TRUSTEES. REMUf4ERATION AND BEf4EFITS There were no trustees, remuneration or other b¢nefEts for the year ended 31 December 2025 nor for the year ended 31 December 2024. Trustee5' expenses There were no trustees. expenses paid for the year ended 31 December 2025 nor for the year ended 31 December 2024. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Restricted fund Toial funds INCOME AND ENDOWMENTS FROM Donations and le¥a¢ies 9,609 9.609 Investment income 31,313 31,313 Total 40,922 40,922 EXPENDITURE ON Raising funds 7.064 7,064 Charitable activitits M?.Intenance graiils payble 32,500 32.500 Other 929 929 Total 40,493 40.493 Net gains on investments 3,569 3.569 NET 1cOmE i.998 3.998 RECONCILIATION OF FUNDS Total ndS biought fonvard 1.127.159 1,127,159 Page 8 continued...
CLOGHER DIOCESE SOCIAL FUND NOTES TO THE FINANCIAL STATEMENTS- eotttinued for the Ye#r Ended 31 DECEM IIF.R 202$ COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- con¢inued Unrestricted Reslricled fund fund Total fitnds TOTAL FUNDS CARRIED FORWARD io. FIXED ASSET INVESTMENTS Listed inve5tment5 MARKET VALUE At l January 2025 Additions Disposals Increase in valuation 1.048.950 71,900 (71.119) 86.107 At 31 December 2025 1.135.838 NET BOOK VALUE At 31 Decetnber 2025 1,135.838 At 31 De££mber 2024 1.048.950 The market value of investment assets held at 31 December 2025 are comprised of the following." Investment assets held within the UK - £684,287 Investment assets held ouiside the UK- £45 1,551 Cost or valuation at 31 De¢eTnber 2025 is represented by.. Listed investments Valuation in ?025 1,135.838 MOVEMENT IN FLTNDS Net novement in ndS At 1.12.?S At 1.1.25 UDrestrietcd funds General Eund 1,131,157 92.471 1.223.628 TOTAL FLP4DS 1.131,157 92,471 1223,628 Page 9 continued...
CLOGHER DIOCESE SOCIAL FUND NOTF.8 TO THE FINANCIAL STATEMENTS- eotttittued for the Year Ended 31 DECEMBER 2025 MOVEMENT IN FUNDS- corttittued Net movement in fi]nds, in¢luded in the above are as follows.. Incoming resources Resources expended Gains and losses Movement in funds Unrestricted funds Generdl fund 411J33 (33,525) 85.663 92,471 TOTAL FUNDS 40?33 (33.525) 85,663 92,471 Comparatives for Moyerntnt funds Net movetnent in funds At 31.12.24 Atl.1.24 UDrestri¢t¢d fndS General fund ,127.159 3,998 TOTAL FUNDS 1,127,159 3,998 1,131,157 Comparative net movement in nds. included in ¢he above are follows.. Incoming resources Resource5 expended Gains and losses Movemen( in fijnds Unrestricted fund- njeneral fund 40,922 (40,493) 3,569 3,998 TOTAL FUP4DS {40,493) 3,569 3,998 A current year 12 month5 and prior year 12 month. combined poqition is as follows.. Net movemer¢t in funds At 31.12.25 At 1.1.24 Unr¢slri¢ted funds General n 1.127.159 96.469 1.223.628 Ti)TAL FUNDS 1,127,159 96.469 1,223,628 Page 10 coniinued...
CLOGHER DIOCESE SOCIAL FUND NOTES TO THE FINANCIAL STATEMENTS- contiDued for the Year Ended 31 DECEMBER 2025 MOVEMENT IN FUNDS- coDtinued A current year 12 months and prior year 12 months combined net movement in nds, included in ihe above are as follows-. Incoming resources Resources expended Gains and losses Movement in funds Uorestricled funds General fund 81.255 (74,018) 89.232 96,469 TOTAL FUNDS 81,255 (74,018) 89,232 96.469 12. RELATED PARTY DISCLOSURES There were no related party transactions for the y¢ar ended 31 December 2025. Pagell
CLOGHER DIOCESE SOCIAL FUND DF.TAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Endtd 31 DECEMBER 2025 31.12.25 31.12.24 INCOME AND ENI)OWMENTS DoDations aDd legacies Subscriptions 2nd subscribing parishes RCB distributions 1.754 7336 2,748 6,861 8,990 9,609 IDve5trnent income Deposit a¢¢ount interest Investment income 1.064 30.249 30,479 31.343 31,313 Total iDeoming resource5 40J33 40,922 EXPEJYDITURE IDvestmettt management Costs Investment management fee 6.997 7.064 Charitable activities Grants to institutions Grants to individuals 3,000 22,750 32.500 25,750 32,500 Support costs M#th4gemeDt Insurance 168 Finance Bank ¢harg¢s Accountane>' 34 744 720 778 761 Total resources expended 33,525 40.493 Net income 6,808 429 This page does nc.. fonn part of the statutory financial statements Page 12