Dromore Diocpsan Trust R89isiÈr8J Ch9tlty NumbÉY 105(b16 Report and Financial Statements For tha year ended 31 December 2024
Diomore Diocesan Trust Lboal an¢ *rninistrpltve Inrnall0n Flèpcxt of lh¢ Trvytve 19 lTrdowndèrtt reFX)rn 8UZIICe sh1 25 slement ol caÈh orb and knming part eft thé finaneAI ttatérfbènts
Diomore Diocesan Trust Legal and ad mlnistrative infoatron DKJcese ol DrOr1• Trusie ia CCthp3ny limikd ty grJèrintee. re9l5crat)D number N160996SI Re9È5tere(l OffrC8. Btshtsp's 44 Armigh Rd, blEwry, BT?5 $Pty Most èrèrbd Eamnn PATn, 14po51olK Admirèistr4icx RpveFend Feh11Jh Ma9fJAnps Ri9hl RÈvw&nd MDns¥nor Hu9h CoDThpty {re5igne(19 July 20251 Mr Bren4J4n Jackson Mr mh1 GI1 Mr Tony FIB$ Istered Offi¢4 Bighop's S. 44 Armagh koa. Mthry, BT358PN company SÈerBtsry R¢vÈrErwJ Feldh'mld Magennls ALKlftor Ill VèFkntt, Ch¥rlerpd ACUments. 22 Gieat Vlctowia Sireel. 8eifasL 672 78A Banker AIB INI). 42-44 klii Strèèt. Nwry, BT34 IAU IDYe¥tmoni hlanayèE Davy A55FI mO9Pt. Day House. 49 Dawson Street. tblln 2 Natxr Solicktors. i-& Castl• Aic&aÈ. Si. Èèifasl BT15DF LLJke eulran & CD. 6 kl?rGu5 Squore. NyNry, Co. Oov¢n. BT34 IAY ctydp 8 Co. 51 Adel?& Slirjel. Èèrfasl, ÈT2 BPÈ
Dromore DFocesan Trust
R ort (rf thè Ttustee
Truste• PmSèf4ts ksNJlrtual RÈwrt Ihp .E¥ments oftr.p (bp.rity, Dro.?
DÈotkn Trus1, forthe yew enJEd 31 Decemtsr 2024.
cons11ttIon Bnd 41m
Thé RcrrÈan c¥lPK]I ¢JF or[re was estatrfished Ihiough Morganlsatr)n of Ihe Irlsh
CFLurth in Ihe late tyielfth cenhJry.11 Is on& ol thé smallèr dTrOt&Sè& in IrÈPar and tOvÉfS gx)rti&r
ofC
Drom0 Dioan Trvst
Report ol thp Ttustee (rtLIa
ateMéPrtthat the Tete3 hwd re9wrd to Ihe Chrty Commhsloffl lor Northèrn
TFbB TIu51pe il has compli&1 th• l•quiitrmèr4ts o18#ttTrtif4 4 {6} ol IhÈ A
114orihewn I1•landl 2QOB Its have due regard Ip1hp pulJlk¢l)pnpfiTgub¥once pubWe¢J by Ibe Charity
CDmmi5yKJn for NrM IrelaThJ in afAeiminlng Ihi Lthdértakérb Chayity.
ThougttcAJl Arntsal R?ptrt thp TrLPSbB TRek5 to (IEwn£te Ih81 thp Ch?rity'¥ FThl
ObjÉtrUe 4re b ttbP bEnefiL
SttLretLlIB. GDvpmpnFe
E¢thsla5tl CErt?irF slruclures to irh pl wilhin the DI<$e. Sliuciiirfrs in
Ditxeye of Dromor& pncludÈ.' DDJC&&art tOr)ÈuLb)rÈ IfulFbJlpd by Ihe ¢athEdfyl Ch3Pter}. a ConlI
I Pliesls 3 Fill£ Counril. Thp Bjskop is also as¥isled in ecclEsia&txl guwemaro by a
Ch3ntsilor, ? Vr General id a Flnancè Adminlstrator. lrt ihÈ absÈn¢è ol a txtshop {adv
v4cJ)ffll&i. IhÈ is urKlw thp (bf ? oKn (elpcted by
Consultors) or4n Administrator iapFthtétl by Ihè Htsly FalPLÉF).
Yhts IWÉ11 of Ihe Charlty. Incki¢ling flnanciat and 31 rèspopitsibiilty In t1¥ kw, *
oVn by YiusIEe. IhE dirwors t)f vthich èptiointed ty IPEe Bishop. WPKJ Ch¥br ofthp
etsard. RecrRailrEEDI of the directors based on their JIed9& 01 IrKal Chur¢h and thélr
hvin9 he prolethaF skillsAnd èxPÈriÈnce5 nÈcÈ55ary f Ov19 pffairs ofth? Ch¥ity
&fiÈLFtitlg it wJlvpnl, vell4un 8Thd IPkal il delivers Ihe outCOFPFes for whlch il was flalIS.
Thp CorSed tsl a mbKliirÈ ol c1Y af4tt Pay r¢thbS of ChLTr
QD ¥pwinirrnt d1CtOrS afjd afè Irf1tOdueé trJ thèir
Fe¥pDfi510ils thè ChpTrtl&jT. Ihe Finpnre AdMint5trat £nd the FInr (>[fir of Lhe
Dbjttège. Thpy are pr-Jed wth copl&s of tho Thjii Déed ahd thè iatéÈi rirtanciai irtk>if¢tat)n an
FeForts. Dif allètld fr[ha1 4rKI Info1 trajThn9 se5¥1 Bs req4Jired.
Thp thy-i&day bUSifDÉSS of thè IS IllFnB9pJ thr¢>ugh the ple¥? Curio.
FÈ1# ÈEdE51¥51ic¥l related mètsrs to the Chantfjllfm ana oth approprlth afflclai&. Cri1
FdminEsvaLiwe are rltr trj thé Firbarbcè Adfftink%trÈlor 3nd Ihv Fillanc OffiDw. The
Cour•til DF Priests ?1st>gYgis IPbP Bthop irkthe wvemarK* of the DH>Ce sccoi(Fing the norm
of13w 'y(b that Ihe pa$iorai W41fa of thai at pÈapIè af Gtsd fjntrnslp
Dromore Diore5an Trust Report of Tiustee (cortii)ue Parlsli•s The DiocÉs& is diwTrdèd intr] p¥ii5h CQE1n1t1?. The p?llshe5 th? Dhxeye 4re e5t¥bl'5hed Bnd OpEiale uryler the Church's C(xltr d Can¢)rn Law which tJÈst04vS on tM sèpa¢alè tsar)rlea1 6talus wh?tJi ÉAPlains IreiCmenl in IhE frjll0Ng fin3nri?l yppcitwlly throu9h thp IFyouI. The lund5 ana of ch par45h hold in trL¢c by Drom DiOtÈsa TN5tee lor1 b&noI•ah SPè¢ifit paI15h. Ufid£rC4ThDn LJW, Each p?rish mLF5thpYe p frnanGp COinMilt Ip ?Jvise the p8rish priest in re9aid lo lh& adrniolsliai•Jrb offu paTrs1i. Pailsh financè (MMI1(ee$ Incl10 Parishionpts witli kntYkvIEd9e and Exrir in Finan, wt)pErty Man4@t p15(ratiOrb Parish PiiE5ts1Admin4tr41ry3 BTrd Cvr8ts¥ are appoirthd èy Ihe Bishop to prov•de pastoral caro for riSh f4)mmUni.S Io tnanagé all ju¢idt41 aFFairs IPLUÈ SUrn th patiÈhe& aro aOmiThiÈtÈrÉd in wtth ofc 4nd Ctwl LBY¢ wthile fvllillin9 Ihe of IhE Ghw. Ats fttw9Ed ljy The Dkècw ror tho Paslora4 Minw o Èisf•W (ApDstol Fa 81shop. in with priests Ipty. reviwvs ? wuIBr 515 Ihe ppri5b Flrlthre Ic> énsure 1gr54pt pastoral su¥laabllty oftr¢tr parishe&. CLrrla Thè 053 ¢vrip 15151 or iknJse in¥liluon3 and which Tumish assislarvj to th• Bi5FLQP in ihe g(wernarKe of Ihé 6inliré èspttkally. diiÈdTrnty tt¢raI a¢tivity. in PIOVhlin) lot ÈdmFlli5Crin of Ihe dioreye in PKerci35f9 juijJFcFI Fower It Elde p11 p¥rliripale in ov•MII adMlThl&ba4Jrt drott. &&PÈCially iht>Sè dirèct deSan aaFwiliÈ suth p5 P3Stor1 yQLth work. 11[). fvmily mir4stry, |ilw4Jy. and Ihèt tsce15 ¢Jfthe I1 Church's &la. TfbÈ Tte? uverspJht ol the Oioco5&'$ day ts d8¥ fi'nancMI. and ?dminfrsvab)n Matr to Ihé withih the Curia. LInd IFbE IEagrÈhiFt knhbi5F> maTh. CQTnrnillpe 5trucTrJre of TrusieE Board rev15ed b) pfowiie great oVeight ol the ofFIna. Euildintr antl prtsrty. and PèrsDnnèl. rnneratin alk£y psue1 Is 4yite4tsgpd In Fir411 StatenIg. All erFylc¥meni matteFS and lemunera.on i5suo8 ar• liven3e ty thg Trusw& 84)arf antt r¢vièwS ¥é undatskan Pritsdty. The Trvsiee &Mrd. IhirjgI cDrFX)ratè franÉ4¥ofk thniii¥ aThd man4• to wlLitfk thldrily 15 giPJged. The Frustsè Pthrd, Apw3ra t)fttp risks towthich the DiwpsFfhTrugi ig exFw. P8NTrcvlwly IhDSE rela11r 10 Ihe wergiion and finances of Tnjst. ltrStabiishÉd a C(MiipfohÈns&v¢ larmlng protÈss. ttsJEltsr pstswished gYeMS ?nd prKeduie3 wh Trrh pfft?bles Ihem to arwj Iddiess iisks. Théy and PlDmuioatéd Inrnal convois L throughDuk thÈ DIe5. Thp unpletICJ of thesp conirols C(bnIinU to aTrd an Oirt9 ¥5se55lltnt belng LFndénak•n to 8rwr• Imai systIn are in to manaw exFxisure t¢) rfiajtsr rLSfy
Dromore Diocesan Trust Report ol Ihè Trusteè (conbipu80) The ofrlsk pdérttifil by the Indutle. Saf•9uaidin9 COMpTrEE wilh Heallh S Safety, ernplwmrrt and olherloglslalk RaLn in acliv? GIEr9y ReduclK)n volunw incom• anr¢SEll9 sts IPbE cale of %ick reti1 clwgy Rtrauclion In dué to FXQjÈcts olhBr bn9-lètm ttbthmilrllèEts CvmplF?rKe wilh dalè protecLHxi gulalirffls. AehlBypMts pertvrrnanGe Tlyè tèmw Ied by thp Diorese of Diomre has s lalal populallon of apwoHimalety IgD.000 FeopIE ol whom ¥proximalety $0.¢XK) ar Calholr¢& t)IcS> tonsists C>f h¥éth-tw parishes. ttltpsteretr tfifo ppslw41 orp4WS. E pastoral ETea con¥ksts of a Dumber of 4dioining PrisheS ltted In the In1818s1s ol prorr7cthng arid IhÈ thtr miSSTrM of Ihé ol DIDfts>rè within tPbEir h)r?I Pro¢lamatknn of thé Gospel WhIp vf S(Kl hin Ihtr DIOC1. rÉl¥itsn i& advamttÈ4 Ihtiwuh I prwisipn owpkoes t)f wwFhip. l¥att4b't of I¥pr?r1l. 4rtd in psrmFarthp >Mni CeleallonS of M. In paii%hes. thEJre Is a public t£lrf)biJlÉOn Df Ma94 da5r'. aTrd we£k?ntF IhEr8 ar? 5wer31 (mMUn MatssÉs cbrthd in pach pwi¥h over 8atyrday eweDing Sunday mmin9. All swh br8tiDns are opèn ID Ihtr Publi¢ ¥iEhoul rè5bitliDn5 On aEtendanttB. In Ètsrfttr ParishLs, whère thÈrÈ its a d19 rwmbw (Iw9y pY?ilaW, other foryng of WhI hwwe bpen jn1r0dud such Liluigpes (rf th• Word and hartsI1C ratIOn. lèd by mrnbr$ olrdbjlous (Mher atb'wilièÈ crty in thi5 inrkjde of olhw reli9iwg ¢rpwrkiE {iTrcludin9 bipl15. wddlgsnd (uneialsl. runnln9 piouramEY48S ralation io sprfllual IffJrma0n 8Cbd devèh)prrtenL ahd énthuiB>ing and 5UPPDrtin9 inter-thufcFL rel3lTrtTrlJshipy. A5 many al thp placès OFwor3hyp Within the are1isteo and sorn8 Con1 s1gnrfarbt religious WkS of art pubbt arKE provide 3 public benefft 10 IhFJ whole cornThJw. ThBy offe( foF qUif¢i refieciion 8ruJ spiritual 1115 Wllh'rb pzflsh c4mmtsnity mat F)p11 èxwf•Èftrtèwhai it ik bÉ a rhÈrhbè¥ 011 Cathdt Chuf¢h. 1115 in Ihi5 contpxl IhFI l?rth iy fjurtured arEd given exwessrJfL. Plpnce pgrishpy piw*Je. In rJUS vmys. grtd spinknai wal1N0 t&f 211 pariÈhitsTrÉrS. Oppjrknnity s Jpian FIF prdtlical MaTrISl5 gff8th in variou5 P?stor&. social and edLwiional 1ville5 MWJY ofwfrich iety wwly on the voluntary inVOE¥Èmgni th Parishionèrs. In ia>t year for Slatislics aiÈ cuNeniiy a¥ai13blE {2024Tr. thpre wprp 1.303 plM¥2023. 1.31011.419 childrwi IheiF Firgl FIDty ComMunn (2tr23'. 1.4261 ano 1.5B2 YUng pÈopik¥ Sauamtsni tt ntilKnalÉOn {lQ23: 1,579>. A 1ty81 of 264 mBrri39ps {2023'. 280) were TrfficiBted in the same
Dromore Oiocesan Trtsst Report of the Trustee (GrMliy)¢di As well a& pastral and ¢rf ts#cr4fnÈn15 tr] thÈ thrnr$ tst Parigh tommunilips. thy Dic(E5e ¢)ftr¥ (?plaincy seswices Itb those nrt0( be pBrt pf F regular parigh mMnrty. A thpital Chapkaitity its rtNlÈd lo CrÈi>aYon Ac¥iilal. whil olhér CtÈT9y Ipy pp31¥1 yiyilw5 te9ukirly vi%ilother h05Wtals and rkur3tTrg in Ihe area fvequerkted by DIS. Fh ye£r. prfe81s afid pe1) ol DfomLYe Journ arttithil Pilgrim4• SiLs iwilhin dDC¢e btyond. Thé annual DitXEswJ pilgrirn•Je b Loufle5 4r>d the pl19r1layQ Iv Kncth 8re 4mwrt?Dt pxeryles of oulreach to tho slck ard ulnérdbl8 and thelr lamllles. SITh Ih Chall1 tsl lh£ CQVID-19 P>ntFerw. thp pilgiirye aiwtor pntj Gpmmirte?S havp t% IE-Vitzlisifj9 Ihe erFnual pllgrirnage. and h• r8storod iroasur8d prath ol brin9lng sKk ar asslstrd Pirorrm$ t(J IhB shrin8 in FIHE> ProY4$lon ol clèwy IM&tOral Certs41 to paiish111è rélatK)nshlp b&bwèÈn thÉq pfpÈsi&. dèattms Èrtsl Pp10. ayè rtc emple5 t)f the DTrrKege. in Canon the ¢4re and WEare of iFbr8rdinpled wiests of Ihe thDrese is thiaIr¥ and l&. IherÈlore, part Ol IhÈ eharky's on-£4Dlng comnknrnnt For rnain part. wiests fftinpthrlTrJ In pJrlsMs or9aThiSè. animato and >t41e tho Ial falth CoMrMrhil. Thèy CDn51anlly 5lriYe It) 1% wilne5%y ht>p? aulhEnb 5hvphwrfs Tor their FeDplp. At Ihe end ol %J24 th&14 dI0an pr$ acjlvo tfi Dpxtte. ThEJ Fwovlglon ol 06OIcod. Wèll4uÉlfièd Ènd compnt clèuy ta Eerwe in p3ri5hEF 3nd Dlher Think5trTrEÈ remains itslity for Ih? DiocLq¢. Thr4x¥h mezrkS Of re9ular conference5. retrtaty COue. workshops nd %8boaiuis the Pli8Sts ts Ihè tiiJC&tè arts kÈpI irtFdrmÉd antF FtwÉd¥d Vlrtll juaNt irt lèg It>tuifÈnt b$YJ ?nd e10pmen1 in ministry End mi55ion. A key to 3U¥t¥ining thE WJV?nme1Et ol th rolitsim ts thé promth'ort and trfvttaiitirts Its Ihg PIFe>thtsJd. Tlié v15 DIr•?rvrk¥ rlo5ely wrth the l¥YBI DnChP301St J05pDh'5Younu Pripyc5 Society IntW¢ the Voc8iions sotiV of Si JOÉgPh). a rnalionai arganisaiitin for promA?M and Sugwrt of candidate5 TD[ prieÈtht>Dd. Alter sevwgl ye?rs ther 51udpnt3 in tprtnFIFQn Or the PS1h0(1. in S8PteFbU>FJf 2018 VIIO Cayld¥JthS the first year of Ihélr lOrmaOn and tDnlinup5 tn form3thn in Ihe prerniByear 202>14. bri19 Ihe ajrteni tsitBI f inF1r1anY ft)r the years COrrned io iliio. In yp8rs. DK)C In¥roduceJ the Permen[ Dlxorksk. The role of lh& Permanent Deacon is to t)9 a Mipèr10 Ihè tJiSETrOP priL%ts.10 by hA lits ChulCh'$CAlI to 5erwp thè lJÈeds of othprs, lo procl3km fv tknsFet 5>age. trJ live a lile of Sdehty f(b Cbrisi and Ihe Church 4)nd io Igaa commLmity in buikjiw a Kingthth Of failh, ju$1 Cc[)>51ti. The DiDCe5e completett o wcle of di5Ctmmeni Ind Irairbing irk January 2023. Fywe candidate5 w¢ selected tt)I IDrrtsaiTrtiti in 2023 artd low ItbÈSÈ ttofLlintt 1r pièparAb'tyn j 2(r24. The inwtsrtsnl roie pJFYed ty the volvDteer3 who Ire xttve Ihelr pshe5 Wlnot be oversiatea. aThl Iheii IS vital ènaming thè DithXSÈ ts tnts'n8 tcp lulhl and dÈvèlty I Slated Vg1unipe gYWe 9enerously of tirne and energy, in yarigu3 ltrieS s pm ol the yr&hpIng rtmunI11 and aisD rIng for ald vlsilino thè Sick. Lhe ihOSÈ mBryin5 ofour s1ty, They Wy 4 5l9n1frt rolo in helping to mèinliin par propErtEs and asstsn9 in Iinan¢rai othè¥ arfminiSLraiYe duti&S SUC as through ma(be¢&hip tparish d1rdn p4sipt¥l Fnd safegMTdiTrg WlItt¢S. $uGhvuDt¢s ar¢ofton tI>E ljfpblood Of1 cOmrns. It Is fipoS*bIe itsiuaM14fy ihÈ ThuFrt)er and ran9èoIwoiufatÈèrts Ihr4lUghE>yl tlp OKre%e, nor i¥ li PQ5?1 to pji I fiTraKial 1 9n their ipvohrfgmeoL
Dromcfft DioGesan TtUSt ReFXJrt of Ihe Tst89 I¢onIiiTr•dl Alimo3 IhÈ GhrtV rpli¢ts pn th¢ trgty wr¥hiiYtpr5 fvir il5 tsn41ir¥, ID 15 nevw resticled tt)p grounds of ilty lo pay. In &I&[tiD, fftErnkn ol the Catholic ¢ornrwnlty aré a& a rSeqUtt of 4hpir fa7tlJ ct>tnmilrnÈnL to tOFhtlitXj ItA¥ÉtdÈ e3tin9 a bEft¥ society by promoters of GotMJ wlhin thpir Ipcal ales Ipirough mèmbèrship Ot C>trÈÈr thaiiliE5. kTrttal SWbEEiE th)MrNty groups Ènd by ToILrAIriTrg in Bll sort8 of ¥Mys * bpTrEfilsocieLy general. &SY#È VbE vffjrk ¥rcompli5hetl * pErish vpl. th? C (Ihe central &dmirki5trplion pf Ihe tk<(e3e) coor(Jlrbaios ancl cairias a fium1 of éss&tIal to thè Yan¢Èmpnt of th? Cglir reli9iDn at 4Dtsal, Tr4lignal and irLkwlipn level. In wder ITr <10 sp, Ihe Curia oporat88 thrLA a rangé ol dtÉkban CfJmmlssbn& C¢)mMrtie41S arthg ihrcAJgh waU$ FANè1 th?r9ed wilh YFwifir re5PDn5ibJ'lilies. Dic etbfitinU85 b fiasr GID reln5hips wilh thpi ChriEb¢n thurcPtèS to pate in irrv3t ecumen1 acltvilies. incluoed IbEJ olPiayer tQF Cbrislian Unity sr4d the liish Intèr ChL[h v¢hiGh lake5 Plac Ennualy in ihy Di[5È. At dérgy totalerÈncÈ$, held on M le5Mt a qu?rterty l>asis. signifirafil lilurgical rnomeots are grewdred lor and di%us8tol. PÈrSOnnel wilFL sperifiG Fe%pongiljliks irbElude the Den Coordinel(br Adult FBiJh D¥wetopm8nL th• Disan Piigfftrrt¥&s 0[rA¢. ol Pa&ioral loi ljianis, lh# e£thinalw ofthe Pewnenl DipcoTrpfe ?nd th? 0Jc¢Srb Vw4liw5 Diwtor. Thé tson£ralwelPtieiF>9 ol der9y in ¥rlive mint5try is(wrdind ty the tIiDcesBn Curia. Plipsts. sbpends and ielal&d terS gre ove[sn afid iegulatrA by a Crg¥ Reerab)n ComMhttÈb. Elually IÈ thpw?Ifzre ol priEs15 who are sr Dr rtrad. IÈ th T?5$4b11tty of a corvmiltee Ihl adtnirM5ters the Drornore Clr1 PrOven1 SoGiety. Thé DTrtKege wilinves t(b erye Worn who wish kb ufjderlate di5mt In regard10 to Ihè KTrÉÈlP&Y. Ehè dIa¢Ièatt1 afftd tOfilèCtslÈd Ilt&. Th? VocwJrh3 Dirr, 41JrLg wth the Dicv¥¥n Vor1115 CoENThi55lfll, roordirLzies IhlÈ éÈ$6niial ftbJÈllsI IhTOutsh ffnèart4 tsf diÈC0Irt4fiI Q IrP8. pra¥ar vlg11È. ¢&geéMmpnl rptre3ts chèplHinry %YJrk ir4 the pD3t-.prim3ry 5r)WJ13of the Dir¢esp. ObjèclivEs t>f the Ch¥nTr Bre gre¥iiy 5upporipd, irKI tre lrfe of Ihe OicyEp i¥£nrichEd, tyy Ihe conlribuiYJn ms0& by tho nyany rr&4mbers ol Rél¢iOuS InstituOnS_ SllFar Instituong and Societ$ tsfAPDStOlic Lif? in the DitXESe. Thp Df DrornDILh sir5 4Tr1ilLKle to these n1 and women of Paiih for fheir minisv*g of generous Servi 8nd cl..
Dromore Diocesan Trust Re ort trf the TrLJStefj (C1in9Ol Support tor tamll&ès FanMl¥ Minlsty within 0)ceS ts dèdalÈd lo sliÈntyh&nlw ma4a and P4mp11&s by COOrdinÈting progi¥mme5 ?nd rninistriE¥ that have faith Iheir lovndplion [5 Christ Iheir By MSF>thlrt4ng th thts neéds Df today's familTrtsS. a& siriV& to Itwe in a very ¢alkiyJin9 cu• arbd rapKllyGh¥n9ln9 wmrld, Fgmily Mini5ty IpyoUr IW11[e¥, rw Fdn parish CQmmLFnilies. In coifatK)ialK)n wllh other group5. Famlly Minlstry offers ser¥res ano pratiical rè5aurteS ID Bssisl ppopte, * 47115tsges of ItFe, in ID help thEin ?xtJèliènttè ff fvlly thp loye and Compassi of God in ordlnary vents ol Ilfe. Arnong the v8rious servi yrovlclèd IPkÈ DI .. 4¢CORD C¥tholTrG MBTrkago Gar¢ knrti, EryerJ Encountei. Farn Flr81 IParentrThg Skills). A digiw pr? has conlinvpd for tl¥oge wPw) are vulnerable and wh hpd dvweloFd aTh onlinj Illuts1 and 5Pirrtual sLryJl actrtfiS havts rnaiM&lned 85OUtP whirh rE higPLty valued bbr Yulnerabk rnernbers. TPbB Unlvprs?I SyDDrlwl Pro¢¥ wlthln the DF. of Pa&tgr41 Councll Tb? c<>nllDues to bD IrhwJlved In lh> ur41voisa1 synrrtlal Pre wtth Ihe stetn'ng cértlthttéè O¥Èr&È2ing 7y5 prFd disGu5SiTrn¥ in 2Q23 ¥rd 2024 fp£ding thè 0[1)# wètk oTlhe Univer¥yJ1 Synod hekl i¢b Rom& In Cktoter2024. The OlcAlTe OKJcttan Syncd Core Qroup orgartiÈéd lot41 atld dTrOce3n1idE (nslIa110n IEadin9 lo a Di[eÈa ubMiltéd10 IM N3lit>n31 SynodBI Team M¥rch 2024. Th w?5 foll5vd up by thp Dien P¥31oral IOPC) pl1 aM Vèh aeeÈpiÉd thè él bfFilJ4nJ airkra a VLfF far the DI$& gol fr)rwrdrd, n?mply. IN? wiu h¥ve vi131 aThtt vibr1 p3ri5h ihal ?rp sU51?iThFblp Tor1 gen&n8'. Four partltur ai•gs ongoing attfi planning,. PaÈlOla1 earfB tsf Ihe ¢JFrgy' F&tth DeVpbprn1 ieyour(ES' Ef[? ppytor pnd 4dminists?itYe strUule3 itb SVFWt ihe mi55ion yf Ihe Di5¢. 14 fiumbet p4P in F17jr LeerphipTrairkin9. Al4 f¢Wlirf¢J in July 2024 a Vk)th'ng TethJ( Agreement. Guldellnos and Rol& OP DPC drrntS Wre agead tld IPLéts publi¥hfO throu9houl DTrwe5p ifL Nt>vernber 2024. Th£ DPC agréÈd Ib hy&l I Iiskning rneeu'rHJ£ - lor Vé4JD aftd gotla1 Thied coTriibiurblfAI'ons persrne1 In F4fi5hes (June 2D24? and invw in ministy {N[¥mEr 2024}. DPC al>th yndprtook remok prepafflwJns IPb& ce13bratiDD oTlhe Jub'lee Year of Yopp Irk 202$. ol ¢ducitSonil. pa¥toral ind y¢Jkfih mln&sirl Cpih<>lle se10 wlthln Dloc•s• A key Df the corktritnjLi OF tThp DvJceye to the c£srnmunity iy trE18T9P Tkpnvth ol Catholic SthC>CI&. are nursery 1. IhirtW-5WÉrt prHnaty s¢rkn?Is and rKJSI- primBry in the Diceesewiih 8 N)IgJ1 TolrLtO1aPpF01rnatelV 22.(K)Opuw15. Tr DrJcpse part1paS in cÈlÈbraing thiÉ tOntribLrtb[ in Catholic S(htxJK IMÈék. an hÈkY thfc>ughrJtsl Ireld in JEnLrylF etrfuary of exh yesF. Th fweni l& weil 8tiellded by Iwl 5Ghw15 ai Lh)th Primary and pogi-t*lrrry Iwel.
Dcomor8 Diocesan Trust
Report of Ttvstee IconliJJtJgcfj
Dlocesè of Drornc& rtsmails ulFy IhrtsuQh ts calml SCrK1s. io malnlalTh4ng.
v w¥ rnethtKlpkJ9V. 4PEe i9he5t in IE?rnin9 Ihuy wrtknLf4n9 to olTe
ademIC ar•d lailh-lillèd Èdu4alTrtin to all young Irtarby rPJrl.CaLholic parfjn
th0[5 toetEu¢¥lp ttjeir childien In C8thplic S¢houl¥. rbuIEe¥g1. bECgUS?ollh¢ exce14ErkteducatxTrn
(Oef bulalsts If•&l08nbfb1o &lPbtsS tsl IiuSt rrt4vhdal ¢èspad4r)d retO9nition of respDfrpihlity to
ihtské Fn npe(l.
dK>cesM advisory team tjE1uj closely ¥Mh partn3 in rhe Arcbdv)Gp3e ol
lo sr prTr¢. rèSOLFTGPS >ntJ Klp36 tr] Supptt tèi¥x>uS th• étho&
0fctho1 schoDIs.
S91rb9 Pwramme
2Cf23-2D74 thp rpN-DVt of ? tNlrJl pro11 lo erKoLhr¥9p young peopjp b enjty th? benÈfita
Singing as part ol IP4èif tsjfritulum. ylCthin9 In ihéi( undérslandlng faith and IIlui9y. Partly
fiJrTrdpJd by p LIK rhprity. ihe priipcl Ltnid 6Crt) childrefj Irom in Ihe AJrhditXEB?oIArma9h
the DlrKèsa of Dromtsrn. Chibarén bnrIt Irom we. prolessional singlng tuilion
ifhèd al ra4&irb9 pupil selT-psleem well pwFdin9 WFKjrI['5 iafi t¢J dthlts
Ipadership slulls In whokJ4ass gioup Singing.
Th£ Drorwre Ywth CoMrni5sl devpw tsilh sprwicey to ywn9 PPQE Ihe
Developifp) arnd nurtuhng ièarférthip SklllB IÈ a facèi crt rtg Wolk. a$ eTS of torrK>rKvii
rè ta be found in the r¥nI3 Df tod8y'y young pP. Pwpnt41 nic1pj.n pntl c
Dromore Diofjpsan Trust Report of the Trustee (contrnued) kay g¢c¥rarnrrw by ttyp YOU CwmisyTrtan Fre: F4Rh TogÈlh¢rf ISI offewed lo pupils after ol Conf11ffla1M)Th aNllhe po John Paul11 oll1d Ets SEI43ver$ The ¥ctiwilie5 ol IhE YoLblh ComrTrissTrDn nIlnuèd du¢4ny 2D24. wpknming an Increasea partiWl0fstUdenis in Ihe PrJpeJDhn Paul11 Awafd. Svrferal syn¢)dgl Iiaihtshngsol ytsung èdLrltS tQDk pl in AulumTr2024 to h£7dr[ÈirpdyknFhth¢thabclthiI hJpaS the challengES fxè In bscomlE¥J membw& Oft Churth. Yo¥lh l)4rethr armPnd by several yQLFng PEoplp IlleDded a v?1r1 g¥lhwiEb9 Pt ¢k1vs Wood Ctr ilda lo drktsJSS Plans frjr lurthèr t¢)IlaboraiivÈ work In téfalTrtin kn ythjth iN5lry. Thig a Yau?ble netyiorkng opp[Vty. S&fpguprdlnB kna tsrtÈ5e is cikmmitted wrly ond lr to upholdin9 Ihp ryhts of ¢hildrpn. y¢]unts tJ¥ilè erKI vvlnerabaesdulis. TM 8af&9uarQirTrJ ot11 ojntinues toco.orclin418 build UFX)rb WJrkgl30fe9vpidin9 Ihrou9hoLrtthp drftlGLtII cirrum5t4ncEsof i£¢ènl yèars. ThÈ SaleguardiFW was led b¥ Mfs patric Carill (Dlrector of SalegLFarding and DTrti¢eSan Liai&tJn PeFsarh) fiibm wsl In jnLry 2024 15 yÈat& tsf Sérv. #hè h5 k>pen rppleced by Mi slephen Shr. Safe9uaidkng irJfonwliM is teily xre¥¥iblp throLwJh D)cSart wÈbskiè. In SpEing 2024 Di¢ttÈSÈ Publi¢isÉd a NsloOI al al IAas5e5 In ol ihe DFDce5e In onlEF io ralse ww?ierEes5 oflhp ¥lrLKlyr95 aTrd WttthYLir&t io kèèp %rulrlafab salé in thrTelated The role of 8alwarding dèvolop and ovètSè0 tho I1•M&ni1rFOfS8re9U8rthng PrattTr for the Diucp5e, for trolh chitd prWlit>n pduV(5?FeguBrding, Énd 10 liaisè wth IhÈ yitht(wy aJenc•Eg Irb <élaiiOn rrk9nagorlrni0f ¢4ses arQ ckveiopnl of t¥1 prticl. Air thé safoyuardirtg wrEDnnel in Ihe Diwese work ID a Cod£ olPrÈutic? in liné wiifb thé Naliortai 8wrd IDr safeg1ntr C hthlren In the Catholic ChurcTr4 in Ifeland IP4Bscecii st4fb¥?rds and Cuidartrcè DCQUTrnl F¢IILYk4ryng th¢ irty]t ¢Tthe pandElh lrt prévityus yéats. has bÈÈn onwrted efft)n on IhE irnpJerEnt8tbDTb t5f a dpvelop1tl8n wilten toerwire Ih47l P3ryshp5WP eampliartl WLlh th Standards Ior S1#)LYardlNl. This cortlplJLrld to 1rvj 224. ThLh DwE59n Comrmiee mepts regulsrly tQ IWTEW FntE ¥uppNt wtyk ol SafeguardiThJ ofké aThd is acCOutsta t¢) tTh& AtySIDlit Adminlrt¥alDT. Tnr Dyxese has opknj to ils Advisory Panel, N8lim3J CF5e manageIpt CDmmitteg of Ihe NalKTrtial BD3rd F¢r S3feguardiThJ Cniidi8n In MawnoDthI b8t4uStr of th exwriise of the group and Ihe (xi Irhal IhÈy WPte indpppnrfentol the DhXW in Iheirpersp¥ltvw. lDia] WiS¢Jn Pe[fi With m•m tTrtè èach y8af ts d£qJSS cas• maTragÈtmni Much en part[•r. ty na¥in9 many ddtd r&eirf)lo provkbing exernpry su[)pt. It È imwr13nl l(Tr note ltrk71 Ihe DitXY5e ol DrorntKe &7feguarding Partsh sifkECknrÈS CQmPri3e of LrKal SafegardIng coU11S made up of r8wesenith've5 who t1)5££5 aFe vetted and IraiftrEd. ThE52 ete0 wluntee15 conb'nup b rn&ani6in a uniqup and iobusi tsafegu&rdu)U ¥iruEiure designed to 8nsurtr thai Is rrn and tna4ni&nod at pafjsh vel where ildfÈtK you9 peopk vulrat ul15 rtiS1p1B pHri?h thilJ'¢6. In 202$ IM arrtngpTrEnts ftyr Salp9u4rdiry th¢ tsf Drtsmttlè It%JÈpendÉnty tf wwyod NatiLWI BrArd lor safeg1dlno Child(en in the ChuFth In Iiel7nd. The Review Re 15 ¥Y4iI?tye w trp webyilp #rKa Ip•mirwJs IrQm thè Rèvitrtt contsnuéd iffjpmafited In 2024. 11
Dromore Diocèsan Trust
Re
of Ihe Ttuslefy l¢ordtk)ued)
It Vttally ImpartaTht that Ehe DiCKeÉÉ PS nÈ(E¥Sary 4n4 fin)nttial TOurtÈS gtsin9
IDrwaid le9urdIng best praclice and for responoing, ¥5a CQunsellivvJ. support ana Jusi
mppDsallM antt rédr&¥4 Its ths&whts havÈ È bLetE.
In 2021, the olccesan auihoiliiès atTra lis legal athilÈttrrtort. yhÈÈchÈr41fftd to Provldé a
pirSS IhalwDuld f4rilitste Just(K5&1rb witrbpul Ihe need or leng1Py. costly orB&wergarial
rth9?bun. The DIDCe ol Dromu• at tlitr OutsÈl that ils tinantsal rèsoL£s we
rin Ile. thè &chprnE dpveloped in on pffort lo> mpke thp most efftti uye ol thE w111ab
tund& The herne was inilialty schedultsd to run lor two y8ars. bul dlprir la 2023 tho
reed io &ki#rÈd ihÈ sth?rnè tt>rÈ lurthpr Èix mt)nth5 2024. 4$ a7ppIK4tlW5 h3pJe
f¢&de 10 IhE xheme wilh the vas1 lon1¥ prcceediThJ io ro%thlitin. A lJJll Iwrt to Ihtr 7nJsloe
ill oe iSÈuèd Iojowing ttOmpleETrtKa em9.
TPbp REdrÈ&4 haÈ bÈétl a Èijrtifieanl forAFlemzttp Dispul? RwluEbDn. howy&rer.
11 allWisW thp IID'9.0n nyk ¥Trd i5SCJCi5Jtè¥ cosis to Ihe exterEt 3niicipEied. The Opxeso
(Sf Drornort therefore. co11[11 h) ÈuNatllia4 tEaÈjQ)thprlÈ)rt a¢iÈi
Iilitrabjn, 3nE5 beeD rThokiF¥ proVi9ork Tor liHbiliiies (N safegiJ3idin9 expenyey ID ft
gnnygl accounts s8v8rai yearg.. In 2024. È2.5m wai in #ddféssihQ eompart&aiion
elgiffts aAd mèthng Ihe 355ociated leg31 gJ¥ts, l¥eE p¥e421. The Diocege of Dro?"$90lIwj
fllrt5 tv l?cililate compEfwiirJn ancl to IPMJse abused has pla¢d a
signilvjnt ¢)Th Cashrk and 41g unie51rKW Tewvo?.
Beiry conscIoatrra1ninJ£fcè&2flls arèiirrkit•t. Ditkn tsfiftÈ Dr071YJfÈ DuxS3n
TrLpkt revipw io identify 8ny oicee$5Jn assetg thai ¢x)Uld sold in order c(hrytritxJt•
to the TegJlubL)n d ndin9 lilitiakn'tH) ft]r t(ympBngatitJn and tt4È a>SOttiatÈd ¢OÈk.. FolhJwinu
swia41si proTe$sJgI8dw1 opiniDn, reFying on eAtrns¢we feasibilEty sivdy vjnducied
In ZQ23_ the Trustee leSO7pMJ $811 th BISMP'S Surroundinj ai Armagh Rttt.
M£vry. BT35 6PN. Th? pro53 m?rketing IP5e as¥ CQminved dLrrir¥ 2024 GE&ren. their
proximity 10 Ihe a2rt$ ol Clty ènd t¢) ¥ICXJs llECli0NaI r•tsii fJlill&s.
15 UnOtsrstKI th31 S410nOI Ihe13n¢ woul¥ likety be guitableft)rie3bYenli81 developmenl Fn or6er
b help entIfIed s[al and wiyaio houstfig nÈÉd in inè Nthry aa.. TM rna1kè1ig
pr65 Is bèing cltjsely rtsJniiored by thp Truste. efft of ¥rw poterLtsI ?55# lES 15 yet
¥J be dEtern)irbpd. whilE Ihbj otwau'on to athlress th• ccthwnsatitin Clain conmws 10 pr
materdai **aln&.
12
Dromore D4ocesan TtU5t REPOrt of the Ttustee {conrinuÈd) Provislon of PINC of wor¥hlp Chur¢hÈs pl4f a centyal rolp in Ihe spiriluèl frfe of P¥jshiuners with hwsPS ?nd olPber pailsm buildings thay ai8 oftéTh Sig#ificanl landrrtaiks wlhin IrJtal crwmmunitsr. FLtb1 bpnpfft iy pwviJpd Ihrw9h the w4)¥Nbun gl spts ?nd wrlhy pl5 olwor9hip tt p53ernbty nol onty ttlè Cathollc C4)mmuThity tJ4rt h)r thtw wlsh to make uso or Irk8 fLK 2nal ÈPi¢ilual ¢OEatemplaliOrt. Many ofthE Chuh and ass1811 building& ar? &stetl
bpin9 ol sppci&l or hi¥loric41 architeckni Inieivsl proFer care d Ihevj bu4dings can bo th arè Èssèntial IhÈ tSnf cin9 reEli¥lTrDn QT Ihe prirKipal objett Df IPbB Chty, [5v4nMenl0f the CaiPwJllc rel. tMr¢AJ Byiklin9y Ihelr corLtenls anI ft)r appr0x1nMte 72% of the tarylblp fixe6 assets on the b8r shtiet tsl tho Oft)rMrè Or4xèsan Yru&t 25 atttt rbttlè 1$). Th ¢hurcJiès Aré Mld by Drorwre Tvjstee in trus1 for each Irb thp are Ittea. Gene1 rrAntertsar. minorand rrtaior sthom•&of rér)èrtl aTrd PIC¥ts olcomtruckn In recard to churePt buiFdirb93 Er¥1 pr?rb?5 Tr4Lr4rp Qlrty¥ thich IF IhE imwrbnt ¥1ClUE¥. Whth fom part of our nallonal heilta9tr. 4re to be rrTra1raIn not I1 lor present usft but tor pen?rthns. ThB of Ihi5 re5pon5ibilty 15 owoing $ careFulty ie9uled and piofe53itWkaW monilored Ih81 F&gilimate rt¥eS15 new works. renovaiiom earl bè ièadily a5Èè55ed Htld pW251. Thp Dic>c•sé has in placo IMguran in ièÈpèd of all pta bU1dptr go PUbll¢ aÈÉ grj1 not k urbduly re51ricipd by of hJnd3 b rfep?4r N restore Iwiklirkgy hBrThed By ? reyull ol Icrthntsi or Olhér FllrKlralB5ThJ ThLh Tr51 recetves 8 tsrye prownK)n ol IL lTrcifft Irom OtW18I'O. DequESlS 8nd from rts supporters Who #rÈ JÈnEr31ty PartShiOnèrÈ Or h3ve eltbgè Connlion5to lh£ Chu. WilhDuI thi5 vgIwDie suppm Lfie Trust wUl not able 10 [ry out most of its rwAiDn. Th8 Trusi Is Mitu1 of IIS dLtty 01 its thOÈ? wErf] tsupwrl il incldFll9 vulnBrabtÈ PÈ0. arKI IherÈTOre enyuTeg thgt lundraÈsing thP In a rewonsioie and caring mafiner. strways bearing in fflind ihat Ihè pp1& IhértÈlvgS aÈ ital 10 Ihp Ghurth. Ths TrLP5t doès Pa¢itshnr5 lo in io sh8re generous re30uice3 Ih8t G4xl 9rovided for their u%. It rather a CUllur• ol otwino WhÈfÈ FOSSFbla and Natès no pr&ssufÈ on I1 dt)nor¥ to gtve ffH)re IhBn ig aford?ble. Our is lo lot after our p3rishioners nd ConUe to tngagÈ Vri1h In Intsrtsb'ng. IThforfr1l¥tr and EnMVatt¥g w$. Slrivè to oui lo rtevi wipntiai d[5 aTr¥ d twersty sire3m5. Ald iè ImpovpdEhed and worl4lvkl? TreKAifvJ l& the offbiBI oveFSe ¢ywelQprt Df Ihe CatholiG ChUtt in Itoland. It WBS B5tablished by Irlsn B1ShOPS' trjnl1r1rt in i si73asa mèarks rATr)EPQh vthicn Fwltf contritwte Icp QVèISÈts e[genry ielipf an¢ develDpmeni pwrafflmes.lts <11 rnwd¥lp 15 tQ 5UPFQrt lh¢ ¥ulnerablE twple in the dvrfeioping W4irldwffjiie. al& iaislnG avtsr8ness of global wvÈrty. Thp DiyFp o[ Prgmore, ¢p5pil¢ it5 small ¥rie. is ¥ 519nifE1nl wnlnbvbr io Ihp h4rrtabÈ w(k ot Tr(Kéil&. and In 2024 rx)nthbutéo £143.168 {2023' t165.2601 IW41h *dityOtsal Iunds Sènt tFirÈtttly by T[lTe1, 13
Diornore Diocesan Trust Rem of the Trustep (¢C)nt9) ayomèttt ol R#sou¥eÈs Dwesan Trust yovwned by IhÈ of Drorrtsrp fru5le¢ thrw&h ik knrtl ¢Jl reciors. TP Di[lor5 mpot regLrlprty lhI4JbE the yebf to atien6 Lhe fina51. property. bu¥9, leg31 admini&trabv& èflais (th> are five12023'. S) direciois of Dl¢>ttté of Dicth)rÈ Trustéè. Fh& Arthbtshty is Chair of the TrutA 8oard. ThE VI fjen?rpl is ex oTrFKJ'p ThErEEr of Ihe Bowd. There are three lay and Iwts priegl mpmbpT3 of the Tiu$lee cmsèn ty thè ArcThtJty lorlhw inEÉg1ty. ÈxpÈriènGÉ and expèr. Thp secre1ry for Bt>Ét¢, PFvifLted by the AT(tx%lgp, is Ihe Di FiDaFbcial AdMTrntrab?r. Th TiusIEe Ba11 insliluleil p numkr of C&vDmlll]es lo assisl 8nd advl$e il in the propor perfEnCe olits dLrtDs. iThtludino thè Di¢itéSan Buildiry artd FtropBriy Cornmttrtep, Flnarncè CoEnmrttpe Iht Ditxe¥wa Per5Dne1 comr1lIe4. The BuilditsJ Èfd PropEriy CommiEttE ovprsi9hl ?nd Fecommendplions relat 0 3reo ol bvildirbs and picp3rty devthpmènl atid consirférs all Capital èxpfJndthJrÈ budugl ieques18. Thp& intludÈs 3IquiSiliDn5. diswspts, lthtn9, Ipp¥irbg. btEnsirLg prky othEr aliétlah'Dn thic £Mers lhPvae of4 propBrty. The Commll mèÉts rm a and Ihp Chydr ol ihls eDmmtttè¢ ts delibpr¥liOn¥ lothe TwslEe 8tsard. Thè DTrOte53n Fin?nce col1rtep w(wides LYVersahl and tnakes iecornmenda¥orbs In idallon to Ihe Ereo Df wtlhln thè paiithè a5 Sel bul itl thèAdnn51[Ètpi antE Fin181 CLrMyeiinèÈ. ThEs inclLKles SIt£9i planTrin9, [und51rvJ. audit and rephn9 (eouirement& nlroly. i1v£vrbts. èLpdJai$ ettt Thè CoM¢rtiUèé alsé rfhèèts atl a t¥&TfHJnEhly ba&iÈ and the Chair ol Ihl& ComrhrMÈè dpliberthTrs mes recomtirJ5 ID IhE TnJs1 PÉrwngl COrnmiL makes $tr4teJlc ftKX)Mnrfrdal1m% on bghallol and io thoj Trust in [SI10n Parrth DiEé£5Vdn per5onnpl hLtmFn ieyource m?nogempnl. The Commtttee rneetson 8 NM[hIV bèlS4S b) considerall Issuos fgithng to P1)ne1. pMènI d iemLtnerai1c. ThFI Chair th thig ComrThiM* r¢Wrts dirpdy Ihe TrsteP BrI1. 14
Diomore Diocesan Trust Report of the Tnastee (LnJnÈinu80) Pgvlpw ¢1 FIn4n¢1 P•rfottNn¢o Thp detsiled ffinbnthl res1t£ Lh• ar #fidéd 21 Dmbar 2024 am £èi LMJI In th• hiantla1 slaterrtgTh1È Ihat Ihi5 IPPWt. Tr& iablè bÈEtsii SumYtsarwJeÉ finafiwl rlE¥ yf the 2D24 rooo 21]TJ IntsJm Ewdiluro 4,282 S.697 3.251 Net 1ftcOr a&stvnl 4irLd trFnFTors wJewrIl and other tran%fers Ngalr4 on rvwakjatkni ¢1 asststy 794 ¢$921 (7$8} 712 13601 541 cutla rnGomp 44$ 13,197> 8Y2 1877) Di[x3 P5yes¥nbpnt ènd othef Irarbsfers Gain on tsf fixèd È&Èèl I,t436 Net (exF>#tEèTr l invpstffnt ypiny 9¥ins 2,103 103 118 11,7Sa> 22 Tolal In pirl& and Cuth rerveS 12,lY&e) 2,747 C(ryFÈtp delpilF of elperlIUrtE 8hLY4WP In Lhe 5taletrtEFrtofClal aMiplltTrÈs page 24 and In tha nOS tOunls. RgvEew ol transaetlotts athd Ilrtafbolal POSttEort otlhè Charlty Thp wncipBI fuTrding 8ourceforpanshes conthiLrad to1>8donatloKi% Imm panshlonorslhicxagh Il¥tt i>ffÈriory Bnd ttrr th1110¥ have u3e¥ yirn?rity to (WE5 ol 9435toral eclivity. mainlenanc• of tkjilalngs and adMInlIar)n In mr3 pailiCLi4ar pailshvs In which Ibtr ¢lDnalitJnÈ wer8 weived. Th45 souIGp olincome 15 74.5% oFthp pBii5h ID1. Thi5 ¢jeGrsE from £3.4m ITr 2023 to £J.tsm 2024. Totpl Curls irbcomp Irfea$&d from £D.29m In 2023 to £0.45m In 2024. Totsl oxpendltuw crea EQ.Bertk in 2023 It> £3.2ffl ID 2024. 15
Drornore Diocesan frust Rewrt ofthe Trustee (corJtNTrue The ol the Chartty at 31 D8c8mt4ir 2tY24 toLIl £28.4m (2Q23.' È28.Smi and ol Ihis icrtal £?8.6m la18 solÈty Its at5 aTrd ¥divdieS of iTrdrwKlupl p?rishes ?nd not for llDn-pprash general wrF¥JSes ofme Chariiy. CLbfia t%)tal iÈserv&s are ITr d&fK)t1È2.2rtTr) al IM yeaT.eTrU. Thé hats a neg3ttvp UnbilE¢ bHIBnrp whKh BllSpn due to Ihe Provi5ian ts &'Bbilths and charges. The Trusl regularly i1e1 its PC•lfJnllal IlabF41tl&s 4n i61alion to safeguaiding iSSUè& As h3ve leEiinl YeW5, re5uID'r% from inrreiye bn IF IlumbÈr ot trou9ht 4gBlrtrst Ihe 0. thp curial unieslncied (osor¥es have nxwed lurther bfflto &gfL The Trust COrS1d0rS tho Ms1liC)ft o 8atÈLidi1)Q isSs É$ Of hJPkÈÈt PrÉOrtty is comrraw to eEking ? iesoluljon th bDngs some Fevel of cJsuie and iesliluliorL io IhE VICr. Thp Trust ie9ular4y ieviews its Ethial &'abilrtiÈS ihèm art EhÈ balanta It Ibas • en9agY v) a ptoGès Df TrdEntityiTr9 ¥Ysets Ih?I +Je rei5Ed Ip meEI IPwJgp Ippbililie5. Vthilgl tr Tru1 rero9Dise5 that. the In with ils Flxèd èss8ts Wlty. cartyirto valu• of Ils ass on the balarLè Shwl 15 sta1 31 w51 Ip55 dppwia1ign. InvestffErt prQpprti were fVkr?IuEd in 2023 are stLE at currenl cealisable valw. T Tivth& Board ic1a unIéslr Ihal Could bÈ SDld to Pbplp r55 Ihy nggpltvp reserwps bplpn¢o (5PP Frt on Af29Lrd1ng (In p49e5 11-121. InwÈmant Pialky Perforrwinc TM TrtFÈI Dped eullbwses Ihe to m8ke and Ibtthj Ve91nis. ThTUSIee hx4ppointed Charilie& as Inv•slrMnl ManagÈis. hatyÈ ILtII distrEOrn Its invÈsI. ÉubiÈd I e ParetÈtÈ tsid dtyrtn by thp Trv5teo. Thpie is F re9vlw of 0[10 Irom thp Inv¥trn?n1 f41anagers wthh Iha rttaeÈ of tho afid th• ilVèSlthèFIt strategy. Furtr•èrf dèlail$ i out wt 14. Ai presém Ihb DI1 conIttEe liai5p¥ wilh Il Gyrrent rnPllP9erg, monrttsrs Ihp pprforrnlrbct reFrf)fL to the Tlugi Boaio. tpftd Lwir IPsp Trusi BDard rnust Obta the bpsi Ilnal%1 remm pDssft>lo cyjnsigieni With t&mtelal pfudèncÈ. The Trusiee Board has adotyed IrrfpMsirrt8ni thai sèek kn protèd and onhanc8 IM r•ai v4Iuf Ot IhÈ Diticwn Assp Trver Ihe tsrrn ¥thi 0 xhieving 49repd rates ot irEcorr 9eneriDn. In [ulfillg theye fjblectNes. th• TrLtst80 Board atjhom to an Olhtal that wludéÉ InV05tms ITr as$cl&S5eS ¢irly ¢Jr m?inty invglwed in thp mnuF8ciute ?t>dlorsupply Trfg(ths 5enrice3 whh are rK)I Irb accorctarKt With thtj Tr4ChiWS Ot thtr Camolk Church. ETr¥ironmèniai ISS$ al a fBclor wrth the TTrJstee 5*kiry Ip rnve5t ifi low ¢grbon rb neut1 inYestmEmS. Irb Mah 2tr20. Iht Tiustrts 8c>ard dsi tiDm ai (x)riyanies dilèclly involve¢ in fTr5sJ'l fue15 4n Ihe DitXE5¥n Try51'5 |nve5tThrnt P(thlio. ** The Dioc&s3r4 TruSI In¥ÈstrtsÈnl PcflfOliO I£0.951 m> eurtentty mFlla9e¢ by tIFvy IIJvE51meni Manag2 is inYe5ted the nydium ts) tong tetm With fjn4)hasis Dn cwreni Wmh a low 16
Dromore Diocesan Tnjst Report of Ihe Trustee {conlinu8É ReBery Pollcy Trp Trust iecwnise5 Ihai Its I[r lso5 [11 fmrrb ¥olunthry (kJnaiiony ana that aGcordingty if its import8nt to sepktr] &dE44Lrzte IEye1 gf re5erwe51ts ellSLKÈ ils ability to rnt ILrlure e¥FtndliU(¢ commitmtS as théy ParisrK£S erbx)u(aged to malntain adequa irt-teFrrt ILQs tts a$UÉ Ihal tan tTÈÈt Opatsliw $t4 ift thè ShOrt-M artd ID build ng[ re3er4res tr4ai will be evlable kf substantial comtttTrths. lJuiltlin5P refurbishrrÈniprOjÈ(15. arisè in fuluTe. The DitM c4nirtlly fFbairttaiTh aaouaté v&lÈ f io Inpet DTrxesan 0ratsn9 VJ5ts in the shm ID rIlIuM Ig(rn l? pr¢e Air 4ny signbftafii ÈKpÈndilurgs Èrjd Gtrnlitl9tti¢É Ihal may èTiSè at luiuiè dalès Uprestdcte6 funas arb IréÈ7y avadab1è, shou thÈ chartty need Imffediaie aocess to rÈsèN&s. In or4r to erLsvre Ih41 IhE organiS¥1Tr?rL h45 to il IS EbESe5sary to 4idjy nresIrled resems as recor&1 by SORP 2019 ty &%AueiiTrJ FIX8d Assets as it Yffjuld be LEn1lY or9pm1%KjrL woultl l)P Iltk to Ihe in p tirrTr rnannyr. Th resprves wsillon ig h8avily Impaded by a 14igh a&so1 base whth IncluOErS Par¥sh Churches. Tho Tr4JSteo Eoard m11[5 Ff4silitTrn tE cB5h in bonk b3nes C>n a rÈ9ular bakls to minimise llsk to the Trust TM Charlty reco9nises that by emcluding Fh¥ed A¥¥ets rt hès negative rwr&re5 bE13ncE. Ch3rty ha5 bÈen irrtpÉtlÈd by art I¥èaS in As WDVtsTrpn for lj8t4'liti this year.Iherefore TILFSt has coKems the orLgoing c¥sh p0511i afid COn'nu$ Its rrtnit 115 cash Fb)EitiDn and aclivÈl5r kkè Io atJJréss this pO&rtN bsiry and redwing costs. The Charity's targeted poliw ts to 1lFIn 6 Lretrictèd as rtSW44&S and it ¥nll contIn to¥nik ts th pDsAlon. Flnifi¢lal ManayoYMnt Vphlh IhE pro.acilv& IrM?1vvJrrt ol TILksI e(Mmllt5. Diotèsan re%cMJrces are M&naged to trItty control EFJ 915 in pprtKulèr prpppty SOurCe£MploYrnan1 ctsl& ThÈ Trust Commrttees pursue a policy ol otplaining value for money ano protttlion olOiDcesBn 4¥sels. Trp Man4aEYÈnt tsl thTruP)rtY buif4irbg5.wkn ihpLrtfrtTh thè BuildinQ and PItspÈity CwnmlA, Is lirtE 5ming ana ¢[11Y. F4uwever. the res(wrce of pio9ertl is key tg ?9915 1h ty72 stakéMFdèis and étssÈn.al for ihÈ pubL bBn&fii il pr4tritFés. The Personn81 CopMitN•tr locws on tosls ot Smpkiymonls and coMpon%aling ery)IoyeL lairly. The FirlpTr CDmmiltee TriE0r3 gEner£l 4wertrbE•d5_ ¢JrE-oFFpxp?ndilure and the finpncipl jmplicaliorns ol the 8uildAIg and pro[rtY dètlsions as w1 as actlng a a sounding lJoa¢d lor ?11 the TrLVJtee Commilie¢y. TaÈtèd furbdfP55in9 1> eryloyed rn¥FJr pxp?ndilure pro1 beirwJ #&Nèd whi¢h wwlJ (ther4vtse pul loo mch slralTr on exi&bng 18souic Fuly re pla This brief oveNle4V ren8cls lh& work ol the charty In the currenl year Jnd alsD Irkdth¥ rt¥ OTr gOiThQ commi4Trt in re9ard fvifillin9 the wirKipal al5 t>blt[Ve$ of ChariEabk Tiu$l into fule, ThE Dicu5e ol DromLve wlll continuE to bu1 upjrk ancF devEPop the InjljatvRy ?nd in Ihe narr3tvJÈ 3bJvpEfbY wlinuE4ts tho wnrip31 airrtsalihu CPQlity.1h acwilion. PriEn?ry u$ of the TrLFSte& to SèCLFre lh& long.rM fiTrarKial stability Df the Diocese. P49fthiitaiiy IhE4 urbdertFke5 ¥ revi wrcigq in re¥TrErl of all olthè attnritbES 01 Charity thiough repcrts Pansh Priests, Pwlsh Aomirkisirators srk¢J Ihe v8rityu% bodbpy Wmith aré cuTh41ÉtsÈnl pwts ol th¢ DiwRs?. Tha TruÈt V*ill CDnlinué tts bLFild work uTrdert8ken to ano wlll conu'nw to straile 17
Dromore Diocesan Trust Reptsrt of the fruste& fc¢ntiniR&) In suppon olour work. exllenl 4)r98lli¥atiPFkpI 9pvunanGe will iemain a yio(ity foGu& ensufill9 gjmpliance aTrd ielpvelitig Nuirèd a6suran¢é& 1¢ Èll our 5kBkehE)Ider Th? firkFfj¢xI ¥taieffttnts itfF¢¢t a dokll in knnmstricttd cla ré&èrWtt ai Lh# tnd ol th& y1 tt £4.9m thai has Èr4 from thE Ir¢41 wovisi¢)n for the Diwe¥¢ pn¢ the CQ510l Ihe Pf ¢re%s S¢heme iaurKhe4 in 2021. thè DirèQtOrS th thè TrutstgÈ Iiave m&i num8rDU5 Fif¥FP bpin9 iDforme¥ of tho woyi¥b?n fqr qlFiNS 11 ha5 13k?n &Jvice Irom legal and Ilnanctal spttlakkts and is imwmérilbng a Plart ol Th Tru$l has Ihè a5Ee15 hpld v¢iihin IhEcyriF to 41¢1 Ihosp wets Ih31 be and 9Èner4wfe 901Tr5 that will IleaSe unrestricted curla IutTras io f•elP $eLiIB If•t liabilit$ Within thè prc¥wi5ifJn as iall duo and ha5 wNk£d Itytt3rdE lTrquidaling thpse ass5. 11 is extiected thèt the PIC>Vi&itsrt WI Ipll due (wei a numbpr ol years. TPie Tiu&teo wnisès Ihal $ome a$£eis a reslricled na¥Èdabk IOF SElUBmènlofcly. fted b8h?IToTthE Trystse G>n: 5 Septembpr 2025 r44o3t Rev•Mr1 Eam43n Marlih, Admini&tr4lor Rarnd Feidhlunidh Magenni 18
Dromoi& Diocesan Trust Statement Df Trustee's responsibilili8s Thè Tnj&i5 re&1t or wEpèrin9 Ihe Trv%¢ee'% Annugl Rewrt¥n¢ IbE stsiem¢rhl9 01 p DmFnoie OKtesèn Trust irh accordalltttr wilh applitsbFe law and Urt&d Wingdcth Ateounkn'nEr Slanttards {United Kin9¢Jw. AGG¢pte¢ 4E¢wnii(¥ Pr•x%l Thè lth appliGablE lo ¢h¥TiiÈES NorlPLem Irelafjo require5 the Tiuslee Ip wept4re fin¥rbCI 51akmen15 lor each financlal y&ai whi¢h giwoa Irutr and falr Vitswofthtr slate ol attalis ol the ChariLy and of IhÈ incDmrn& ie50UKts prby ¥pplbGplion of Eest)urces ¢Jl the frjr th&1 pErNxl. I prep?rin9 these fiTrao¢lal staLemenls. Ihe TILtsi•è requlrtAJ Ith, s< wuitblp nI1 then appty ilbpm G551e1ly. obs•rv• If•& méiho&4 antl prirtls I Ihq Ch3thre5 SORP 2D19 {FR$ tQ2)', kleMen1I6 and e&llmales that are andprudent 8L31& wFLdhBI Epplicpbl? ?t¥n¢¥tlg fr]IkJwe¢. pubj¥cl tt] any mFIEfi di9ch>sed èTrd oyfained bi llThar•Bialsl8iemenl5,' prtyarÉ fin3nr4FI OTr goirwj ¥? tt iTrBF>pr¢Jwi¢ to presvtyje that the chaiiiy will cwtlnue In operation ThÈ Tru51ep iegpon$ible for keeprry proper accounllns iec¢rd$ that di$cto$e Wilh reare a¢TaGY ai any Ilm• th& fiJlattttial IhÈ Charity artd ab1È Ihè TFusliè to ÈrbSulÈ the nan¢4al MPty with Lhe Chl(lES Act l¥oMhErn Iielprbdl 30oe. ble Ch¥ritaps Wcco¥nls nd Rpports) Regla (Noilh•in I1PadI 2015 and IhÈ tslhtrlrusldeèd. Tho frusIèÈ Is also t£5PDn5JblE forsEfe9Lt4r(lirE911JE 4¥5ets csf the End herw fort¥kiry ip45(wblp slpp5 for IPLe piewenlion ancl aeiettkn ol fraud ar4d rAhIl9Lpl]t4ts Snpd on &Éhall ol TE4JSt8è ¢JrL 5 Z025 Mwl ReveIend Eamon Mar*, ApoSh)I Arfiikirti&trÈltsr RÉ¥&ftsnd Fpidhltmidh magerlS 19
Independent auditots. r&port the Ttustse of Dromoro DbtJCBsan Truyt DISElatrn¢i of Ophlon weré enged to ¥L¥it th¢ fin¥nFi¥l pf Dromwe Tiu¥l {Lh¢ -thity"Tr fty IhE yr £ndea 31 Oecfjfflb 2024 whn comprvse m& siaipJmÈni of financ1 al¥IleS. Ihfj baEatKè 5thE¢I, lh¢ Slrnpnl [1 n95 lo th¢ fir47ncipl ststernents, irtludin9 $ rr47ry ol &lgnifani )untsng pollde&t. T fmandai rgponiTrJ Iramfftwxk that been appiirjd in Ih¢ii PTPPWWI?n is FppfLwW Wr?nEI Vnikd K[lly¢tAIjVnIin9 Stsndards. intjudiry FFel Reporiir¥3 Standard fo2 Th8 Finaficlal Re(KtIng siandartr applicablE ln Ihe UK and Republi¢ Irpland IVnilEd fjpnyrilly &fj¢plp¢ AOufiling Pta¢tiiè) Ihé ChartlTrÈÈ SORP (FRS 1021 exptesy an Opini IhB 4ccornpanylng ècial statennts of thp chprtty. u¥e oflhesignpkarKe ofthe MattW3deribPd in the BasMft)r pfopiniun seclipn Df Qui report. Mave not ab Its ¢)btairl Sufititsni ¥pYtyfTrat44 audll wldence to Ba&ls tEir DIBrlolrnBrgf Oplnlo tharity h$ ? prwi5lpn Itbr It¥Exlrtl. out in nr)te IE thBI rrèalBd a tlÉhtttl in LFnreslricteO re&eiwes Wilhm the Cufia. as sel thjl in note 19. 41ple have bpen un81> lib okain SLrtffidenl Auttil ÈvTrd?nttè thpl th? v¢ill able to thè kabiltliÈ5 wilhirt thè pruwiSi¢>n a& well 4d¢f(essing Ihp defttE in the curs& unrtslrKted lo wepaFF ytplemEnts Lknrfér eC>nctyrh bw. As a Tesuh ol th18 matter. w Wrn to ¢lèiÈrMmO tho tharty Is a gcxng concer tE arhy ¢11rELtnts Ihpl rniFhl need to be myée IF tP firbpfKiBI nt wppEretJ On Ihe 90iw concèFn basl her Informailon Ntkn¢ilhstandin9 our d1&aainr of an op1n1 the hmclal gtelpmprts. ID ttbP lijht the knowledÈé ad urJÈr51anding tsl Ihe thafity Bnd it& environrFbÈnt obtAinÈd ITh Ihé COulS& C>1 ihÈ ydtt perk)rrtEd Subject to Lthe ww45ive IiTNtallon dE4cwibed above. we hovp KlprttfiEd matarlaF mlsslakrThÉrts In lrttstÈè's 1¥[L M•iwvd Ohl lYhh Ihé aljdytor rèqLFlrèd tb raQOrt by èxÈépllO isifdg Irth Ihè lifrtiiatsrt oloui worx io ab. ha f01&d al Ihè Informatlc And axF4pnatwy Ihot C<1&ered CesSary the purp05e Df our 3u4jÈ. VilÈ have WlhiFbg to report in re5pert of the following rtte in relatiw to whth IAc¢Dunts arbd Repjrts) R8gLthwons (Narvrn Irgwd) 2015 requlre us kn rewt rf. in our swtf¢ipnl gocounb'ng pry)r<ls not been kept thg firLFnri* irF wilh Wi).ry rwd6.
Indepttndent ouditors. report to the Trustee of Dromore Diocesan Trust (Cclr1I R•spons4biltti&5 of Trupl As exp1airtÈd fftÈ lully in th? Tru5Èe"s responsibililies 51plet 5p1 oul on 19. IFte Trustep 2& rpsp0Tr5iblp ft)r IbE preId10n ot financlal statenxfflts 9ive 4 irLpt and falr vw. for such intnal cofftlrt>l a& the Tr4J5tep ig tblE thE prerin Df?¢1al sterrt5 Ibat ¥re free rrkaterlal Mlsslaiemnl. due to traud or error. lrt prtspariF% tp 8al stments. th8 TTusie•1s reg)onslbSD forasse%slng lh8 ¢harlty'S Jbllrty io continLr as a èOin$ ¢ort¢Èirb. disttIo>ing. ÉS applL3blB. tter$ ielaled tts gtiing tofin arrfl Sirt) the 9pin9 basls &ccouiitin9 urbless Ihe TrLte£ either Inlenos io Iuldre Itrbt arty oi to céas• 0parall, orliavÉ no rèÈlÉliG <èmalrkrÈ bLrt its th S Qul reswn51bifty Is io conduct ol thé tharily'& financial slatérrtf3nls In xcordartè with 1n1oir'OnaI St3ftrd3rts on Audib'n9 IUKI to iy¥ue 14n pLKlilorfy reFxJn HGY4vpver of Ihe tterdeScrI in the Èastslor DiS¢lalrrr ofOp4nDJn SOn rÉporL wére ablè obtan ulhttiÈni PLMltt e¥i¢JpnGp PtV4Title o ty15 tr ?udrt opinion t)n these r11 st4lemenis. Wé arè irthpEndent OF ihe charity In x(x)r¢lanw with Iho ethlcal requlremefils that are relewgrt t(b ouc audil ol thé ¢Itsanal IhÈ UK, irt]udiw Ihe FRC'S EthTrttal Siandatd, Énd wp havè [L51 ovr othetdhiral re¥ponsl)Ilities In rdance with Ihew reqvlrempnls, rkn1a rttiB& i fLf ludlng f r¥Lpd We hava a1ted p5 authr nclE[ 5eclion $512)? pf IhE Ch¥rilip5 kn1 (Northern IIthFwJ> 2008 (Eport in aEurfiJanctr WLlh Ihé Ad reièvafit Iade 0¢ ètst theiaJThttér. Jr obl8t11 atÈJ ta Obtsin fèÈ2iJnablè asyjrartcè whplhpF fin3nc&l 51atémenly 35 P whOIÈ ar2 frtro EThFiwi31 mi£s13tsmeDI. whether dLF4 kn Iiaud or ell. znd ts issuesn auoiiors fepcrt th81 indua8s aur oplIt. RèaÈthÈblè 255Lrtrtttè FS 3 hkQh kvÈl bf assufdrtCÈ, bui F5 ntyt ) ararttee 4LKltt cryylvcktt ui 3ccordzrre wth ISAS (UK) will 8lv5Jys delE# a rna1 ffjis¥18tsrwnt whén It èAiSta. Miè4tstéménts ean arb5é Irom ffdud Or Èfior and #ré eonsidEred MaIrial il, dIvIdlty or an IPbP agJJreqaie. Ihey cr)uld ie85QnaOly be eKpeLd to inff4Jence ihe economk detlsions ol uS¢XS iakÉrt on IhÈ t>a&is Of NartIal SlatÈmènts. exlpni trj vthich our ar• Capab ot ireuularltlts. IrdIr0 fraud béltyw. Our ap[ wats 8É Fihl INÈ ottslrlèd an LmtJÈfstsndirt9 ofthe IEgEI ip9uIFlory fr9rk¥ Ihat 3pplit1P to Ihe on'ty deteIned thai tri most signFkaM are thcbS8 thai relate 10.. the thariteble siattJ5 01 Chadr¥ and115 rrylsiraiion wllh The Charlty Commlssbn lor NorlhÈm gfÈK3nd vnder the CFwJbE? Aci (Trtorthn Ifpr>dl 2008 Ihe Ch1.?3 AGI {NgrthErn Ireland) 2013. pPièntt Hllh IhE Charltlos SORP {FRS 102} (SGwnd fjdiiion OctobyF 2019) Attountrly and RÈpDth9 by ¢lwrib'ps.' 51thrrt of RtvJmrEbEndp¢ Pi4GIiGe applirable tg Ghwiiies prepariThJ IhdK aux)UTrts In aruioancè wllh Iitr& Finanrial R•FY9 stsndar apwiGaNa in thè UK 14epvbliG of Iirkd ¢FR5 1Q21 (¢ffeGtsvp 1 J$rky?ry 2919>: 21
Independent audiiors, repDrt to the Tru8tee of Drotmre Dicttsan Trust (¢Mtinueé) protethion1¥4YS {IrKlu6lng UK SmèFal Data Regu4bon IGDPRI), Spfegvorin9 ofrhildren. young adu115 In of ProkrliG, ASaes%ol tlbP risks gf mai4vi&I tatet In lespe of. with Ihe ¢JF, Ihe Ch.5 05se55menl of Ihe risks th iiregtJl81ilies QCGur either l)ec4v5e of frajd or Èl1 Ihat Ès appravÈd by IhE direDEots tsl IPLÈ TntstèÈ.' Ihe Th)sults ol oui QJnq4Jiths of manawKrIt th• Audll Comnihilèe •tx)irt Ihelr 4yNn klFntsFFty.QrI ond pf Ihe fjsks of iegulrS,. ny mters KIEntrRed hav9 Qtknirppt5 4rwJ reviewed ChpriW5 of their PD110$ ana pfCtèduS l81arp9 t KleDbfying. evalLFallTrg ano COFwlylJ wllh lawvs a1 regulaiions and whpllEr thpy wow awÉrÈ of ifÈSt4nce& ol llDll-CJJmplianc?,' dètèttiilts and tsspt>Ig to thB FiÈ tsl ttsLtd Èl whÈihu thÉy haw ol any aciwl. SWpec or4lWa fraud. cwlrols e5tsblisPEd to rtat£ rp53 of fraud or nonrfory1lon wilFk lavg 1aVoTh8.' and dtscussèd armng audli ér•GagérMnl tèam Iarding hwi and Wre miohl tKthr in finartipl SI1 nY wlthial w)dl$ of fraL. Bas&d on thè rÈÈLrlEs ol ri>k &yseggrn2nl dè5ignÈd tNottlurtss Its non- (xJmpl1pn wilh ¥wh Iwws regulalA)ns bdenlilied abuwe. we (wsjdeied Ihe QFWrtvniks arbd incentiwes Ihal exisl within Ihe or9pnigatrJn (ral and nI1r1#d thè yiÈaÈÈsi fra irt IhÈ artas ollh& tonlrols Clring tho Èreipt yf and tsffrting5 iPLBI are received in ¢05h in vkniGh nE9ÈmEnt ? Fequii&d 10 trxercisi ÈionrfttrtlJudOfhÈtit sh aÈ dlÈtlcufll1S11ng rtsms. Inc<JrThTr with ?11 ¥udils ISA9 IUW, we ?re alyo required Ip pthrm tNttédutès to rer0 kn ulè rtsk ol we also (Trbizined an bndeffgtsndirwJ aThd reglatOry IrarnvwDrk that Ihp Chwity pèrd1 in, kSing on praviyions of thD5e and regulatt'ons that had a diiÈe( gff Èel Dn Ibe detsmiination ol Mate1 amourhts 01108re5 in the finanual staterDpnt9. T lawE and J29uIEIIws WE rrfJEidEred in thi5 fOntExl Nl Charity lèsisiab'tfvn lin&udiny the cegulatoi. Tha Charthg eamfflissN?n kn Norihem IFelandl Ihe Chaw SORP. In add[.¢)n, prVIn Of and lÈguia'0nsthots Mi hav• effect OD financ¢&l state09 bui complF Wilh which may bp fund8nl to ihp Chaiitw's ability ID orate 01 ty aVDid a mÉiÈrF21 1lty. This Iu data prcthtr)Dn and yafe9u4rdinq. we m3de enquiTies of MaDa9enE 8nd those Gh8rged Wmh govewrKe pnrf Wbewed rThnulÈS ol Ihè Boafty tsl thè Trutsl£è and Firèa ComtroNèèS *r1rd abckrt ny communicètions Wav) tne charity [eguthr..
lTrdèpendent 8uditDrs' report to IhF Tiustee ol Dromore DiLJEgSll Trust (¢Onlinued) Audli pr¢c•dur•s aès1yrt to ttr&pèrtd to tm Dt lrtu wnsideita tho Ilsk ol fratpd rrtanagem8Tr1 ov8iftdt arhl. In tK)nse. in¢plPQtatsd IpJ'n9 manypligumal enkn'ps our ?pptoJGh. Wè o)nsideryd Ihf r ¢Jl IhTough ty4rL%FGtr'w5 Wt5KIE tr nwrrlpl OllLErts ¢1 In¥{CtJns ty notin9 any.n9 IhaiBs UnUS4Jai In naiun orsw and enq1%11 abouiguch IransaGbJn tp 9Fin vMlerFt4EKlg of Ihoir rbpiuie; bad Dn thè résulta ol twr risk wp ¢2liBnpd thjr audil to iLlibty pn¢J io lreS mlssLa¢emm In rekaikpn to ftaud and glher irre9ulqrth'es, WF rhe QPErallon ol the conlrol% wllhin the ?1¥he5 (vrfer the lIeLI5, donatitins offÈranB4 and Eh¢ SÈ91ÈsalTrt>n ot dLtfrÈÈ withih Ihos& and IMS ttsntsofs wtbin Cvrk&, Io9EiEbpr wifh 9ubg18nDve t¢stin9 rewew irKorwFang an èlÈrrtÈEIt Dt uhprédiclability irt IIJÈ Édétt•tin ol th rtalU. tsmlrvJ am èxi1 of BLp¥tl prwettures. WÈ lutEd Ih?5ebprtTrDn antt4pfvllc ol¥ccourhtsn9 poljcies by thE Charily, parlTrrLLkty those relald ta mèasUrtnrI$art Iransacl#)ns. Ihalnlay bFJ indicali of frÈLrdulénl finanr4¥1 repJrlirE9. Use of Qur rèpQrt Thls reFrt is rrÈadé stslèty ID thpj tthÉrWS T¥, as & ty. in Wilh Part 4 011 th&riliÈE ReporEs1 Regu1èknr IM¥ Irelaodl 2015. Our vrtJrk t ndprt4ktn so Ihalw& twhl slatÈ lo thaniy's Truslèé maUrAs wè arè rquiieO io slth trj Trustee irk ¥n pvditorfg IPpt prbd for olher purpcv Tp the fylTreFt exlenl Fermtttgd tv kryw. we do nol accéofjr assumè resFKJnS5bilily ID anyono othojl than tho charity and the chailw, YiusIÈè as A Ixxly. foroyr wdrt ¥Krk. for Ihi5 iepryL grforthp opyniony hwle Iwrtlpd. 111 Veifacoit Chartéred AnIS Bnd Stalulory Audtt¢Jr 22 Gre&1 wrta 81¢éèL BéllasL BT2 7BA S Septern 2025 Hql VeMBcott 15 OJNgibl• adrt0r lfi ol g•ttiM 1212 01 Ihè Compar4les Act 2C4%.
r r4 L tp p) 111 ijlili
8 &% 11 Ig IJ
Dromore Diocesan Trust statèinenf of cash flows JI IG$br 2024 2024 Ey) t)23 Cash Ilow frorn vpvratlny 4ctfvklv4 MEI lexpendiluYÈ) lftvèstrnent irbGtMnp tSEpreciallon E>èuéa5e l (in?$5?} in dFbtor¥ lTrrwye in crtrJ4tois Irbtreasè i {d&3eè5e) in FWVV IG¥inl DTr dispo18 ol Accr 11,9Sd.) i?) 14) 13) 282 1125> 199 487 (213) ¢1.2TS) I) 15 Nèl egoh (us24 iql oDeralJ'f49 (515) flews Irom Invègurty Invgsirrtent i re¢ejv•J $4le of knn9ible assè pxf5 from fixod a59et irwe¥imtg 255 259 Nèt 05h 9eneraiEd fKbm 511 Met IraS• i (dÈuÉa5?) in cash Bnd c8sh equiwJlenlF tash equt¥a*iits at 31 DeceblM>ÈI 2023 (53B) 4.171 3.633 wnd o•sh •qulvalèrts 31 E)8¢ÈmboF ItF24 3,639 3,fj33 ¢a$h and caBh aquiv4l¢nts ol: Cash 41 b¥nk afjol ki haTrd Bank QVèldiAfts 7.557 13,918) 7.28 13.627J 21 3,639 3,fj33 26
Drc>rnore Dioce8an Trust Noles pDlklvs Summary Of ?fWLIMlny wllc105 GoNrai illtorthallfjn of prepifatlon Drorre Tvvst IS F re91Stered chafity Ir£ the Unrt8d .01}. fhtr aCkJMSS Cf 19331e1ed ofic&. 15 In tha¥itw informiDn on twe 2 of trse fv1cl1sLF1IvEIIts. The nature OF lh¢ Gharty's WEr41ions and wrkNpal ath'vii'&s ar8.. The afvanttèrnpfil v[Ihe Cathollc I10 in Rrmn Catholic Drom£ Di¢san Trust to Mtuie ¢urLIFimèlll dr additDlln rtk¢ wtth the laws and rOglatI[)S tsf lh£ Ghurth, Thp advarKèMU41 ¢)1 #ny ch?rilFble puipo% ?upporied by the ROrn C&ihth chh thV9ht IFbE Wortd or in ary part4)r tho WrI. (Iwity wistiluios a pub1k benefft enlity as by FAS 102_ TIW fin¥nG11 St4ternents havo in wilh ?nd PeprriDg bsr chtieS.. slatèrfjt ol Rerommpntted Ptaclice applir2Dle lo tMarFti8s PrÈpaiiThg acctnts In ¢co(dance with Iha Ft#anti RèpDrtin9 St3rLdard Ippkpble in bE UK ond ReWj o Iidand iSSvÈd in Othber 2024, Ihe FIrNaE1al Reportlng Standard apoicabl• in UndÈ KTrng(Iprn and Ropubllc ot Iland IFRS 1Q2), the Chgrili¥ 2WJ8 UK General The financlal ststéthÈnlÈ prepBrwl a going concern bas1¥ ulbd Ihe Pdstothxl tL)si ¢¢)rtvenlion mc¢Jifd to ndje cartaTrn itéms al fa'r val. Thè finÈnLtial stsletTTr¢nts prepatecl in st•1FmlywPtr 15 thPfyn¢AJl ¢wrteryoflhp rje4 io the n8èsi signiFnI 011r¥ appbFJd In the wepaialÈoTh of Inesè h'nan¢Eal ¥rrtÈnts re set oul lwi. Thèse haYÈ wn¥5tenlly 4wpplÈet5 to all weggnied unrès4 olhEpttisp ¥ld. Judoèthènts 3nd kvy of esiamttlon urt¢ertalllty ThF prepaialp?fh ol th& anttl &Irt5 requires lthe Trustse to make judgeTr 8stim3te5 a55umpiions thal th rèport. knèsÈ ÈtstirrtÈ Irbd jgemeIS arè conltnually 4rKI ¢Jn expprience aFbd other ftor IneiLFd5n9 expEclgtiPTr5 pf Future evenl8 Ihal are ic> thlÉUJablÈ unthr IF irc4JOtsrvts. SlynlfftnEJudgomètht ThE judgmBnts lapart thcé IC>rI1 èÈlirna'&tlSl ihFt 9?rEnt h?5 de ID the Pr4ss of atjptying lh¢ entity'¥ ECUnting polie5 4rbd Ihai tho r1 84JAlflcani èNéttt ¢JTh the a1Un rewnéL% th thè èr¢ HsfolltyW5'. The finarttiai ÈmntS hvE teen prepared ldE1 Ibe gng concwn concem Ihp Trusipe Jias reviewid a peirad o ai iÈasi 12 mDnths Ihe dFlp of approv?1 of thpye nantsai siaternen15 4in4 pxerciged jLNJgeffleDt thai the th1[¥ can oJnbnuÈ to oNiatè. Thp cl8ims againsi the thaity havè b&Èn rÈc0gn5d wilhin ujria ufflre5trirled luntty and the CUTra 4JfÈiègiriilpd 4Te dpfjcFt 81 the Start ol the ye41 and ai th8 of IM yéai. Th th1 c¢JDts'nues to frxp)fe OKthns t¢) a[rÈSS ¢¥tfa uhrètrthtgd fuFKi ¢pftil ID Ihe Trust.£ jLJIllrt, the def#>t &in bp wdrJiess&6. 2T
Dromore Diocesan Trust Notes {CrMJth?t¥ assel Chulch prwety ¥JTIrF the wrksties and curla proFety sta& at tosi I$ a¢Ula4È¢j ¢lpprewtrJn ancj Ihé Tiusiaé will ex8it5È jud9PrnEnl whEll Klen.litying IhE v.¥eF4J.I life I rntsidual Oftt F¥¥ets. Key iouYt#> of èÉtlmitiDn urbfQrtwlnty AGcwntiFWJ eMar&S and assumpt]1% at? ner119 Ihe fLtiyrp pnd. ty their natuwe, wlll rarèly Èou81 Ihg teiil 8CtU81 Ourne. The k&y sgsumpuons and Other sourtés al e3tiwiion uncertainty thai ha a $ioniFtsnt risk Df caugir¥ B mtellI1dIu51mel tsj the carryirvd amt>unts t)f 355ets and 4i3bihtS Hrylhin the next lina111 Ir tr as ft)Ilu4¥S.' Rgvaltthn ol Tr& tharrty c?rr5 Lhp iryw4simeni lair Chanoos in ¥alu8 b8iny recogy)Iseo In IM SDFA Th8TrLFSte& 11¥ble experbse D (1MIne the lair val. aserf mFrkei value of Ihe inYe5tTh%r&t propEntes. FLrrthtsi Ichrorrftali LS aV&lablb ntJtÈ 13, Pffjvrirgrps fgr ri?InlJlbs anrl Clrgo5 -1&gai Thtscharrty has pfDvid£¢ tsrlhE vèlyE and Ihe %ete4 logal Gikststhat h bfft notirie¢ tpth¢ Try5ke. The TNstee adYF4JI Irom li1s #ngage4a ill claim to arrrwe at %an1 provitbEd. Thty IBils of Ihp prnount i¥ indudpd in 1& UniestrtclBd ar• aVailatJlÉ for u58 Bt Ihe discr2tiorh of Ihp Trte5 in hJrlhEr¥n of the Éral QbjEcEiv of Ihe Ind wthich h&Ye not L d&slgnatea hi hr purpose& Da4tsat¢tJ Eyn¢¥ (0e unresth'cted fvnds Tha¥9 Daon asFde Tills$ frjl pprticulèr PLFrposès. arm Ltts OW pÉtth d¢FF9n¥teEI fyE¥I Fpl ¢) In thp rwjm to the ll¢bafKL 5trtenEniy. RStr[j frJnd¥ ire funds Ythlch are io b8 In accors3n With Èf•ètifiC restrJttiFW¢ imposed by dthvjrs or whicly hayé bn ris¢d ty IFLe IOT pprlrul?r txarw%s. Th(xJg1 ot rÈiSing ind 4WtJmintsierirbB such funds charged againgl spe&k fuftd. rh• ar ol each restricted IiJnQ Is sél Out in thè nt>ts5 to Ihp financi8151mon Efiduwmént funds i¥fètsnt Ihoy2 must IJP hEW pernkFfLeDtly by Ihe charity. InrorrE ¥risiTrg on Ihe en(kt lunds can bo In &ccordanc& wilh ihè obJ'è¢ls ol Ih rity and 8 indudéd as untÈslrtèd inGorTry. Any FHII 15 (x Io5%P5 pri5ing Ihe lfwèslnCs frjrm pprtof Ihp fund. InvestlEnt mana9&tnkint charys ano adwice to tho fund aro charprf aoalrtst thÈ Iijlrfl. 28
Dromore Diocègan Trust
Notes {ccthtsg
In¢omtr tècoyrtill¢¥n
l in¢orrtiny ièSOUrtÉS arÈ irtludÈd ln StakrTrÈnl of Flrtatstt1 Adlviliès {SoFAI
Fkprity is IE9afty emiiled io the Income after any Perro1nce condth)ns h5Jve t%en
3mounl bè rÈliaW and rt $ wobabl Ihal ttJtr ll11 bÉ 1Ècld.
For doAaiTrtinS b) * rewsfki5Ed will have noliFÈd of arthuntts and
5ettleNEDI date in willing. 11 th are condllions ailacl)ed to the and thig Tequire5
l&vèl t>f PèrtOrmarKe nlillenI can bé olJt3iTrBd. INrNè is dÈlÈrièd until Ih¢sè
dillons are fully rFbet 01 the fulfi1nt ol lh[e condilic415 Is within the )rtrol ol thE rhErrty
artd li i& Ihat Ipy bè futhii¢¢.
DtsftatÈd la¢¥lili¥ arKI dDnd prTE5[nl arp IN Nittor 31 thÈrf tsii
vplue when theirec0nw1 PTobable. tt cao be suwe reliabty and the ch&Trty thas
tr1 QvÈrlhe rlprn. IF d£lErrn1d{Trn the t>OÉi5Df thèvÈluÈ ¢Jttli& c1&¢))arIty.
For ex¥ffllp_ Ihe ?mounl the charity would be willin9 (Q PFY in Ihe open mptkel such
fa1&S arad sÈrvittè& A ct>irÉstKJndii Munl is iÈoJonlsÈd itl 8XprltUra.
No arTrJunt Is irEdudEd finprjcial ststerrEnl5 for VDluntèpt irt Iln4ry wlkh Iht SOFIP
{FRS 102). Furtherdetail is giwen in the Trustee's Annual Rpwt.
V4Trwe wacllcatjh. ukfis ITh kind donaied for disti7tim to Iho blIdarieS of Ihp taTty are
I4&a ih ÈICk and donatbth5 in firjancial ktatéthèrtts utlotl rfétèipl. If pt ik iMFWath'cabF
SPS5 the T4ic valve al iecelpt or ir the to undertake o w8lualiDn outweEh any
benéilÈ. Ihéh iairf valuè rètOÈniÈèd a ttOthPOtièrti tsf th)rtaiiOtl& hL11 Is diÈrributa
n<1 eouwBleni 4rwunt recoynised 33 c1[it8b expeDd4hJre.
GrRs in duD31ed for resale Sffj included &1 f3k v3f4]?. bEUlg the Exwlp
Dromor& Dio(san Trust
Notes (contfftuOJ
IrNèÈlrrbÈnl incDmp13yam¢d IhrgL¥h PMWir¥ Essply brinw25tmrt purpl& asslia(Ès
n<1 prryerty. 11 inctudes divlderbds. Inieiesl snd ienl. IMid¥e11 is pr¥clirpblp lo idEnbfv
knV8Strrrtst man8mEnt tiFsIs irttturr>d wilhirt a &ttFLÈtt wilh acrAFI•
knwe¥lert income 15 ieportett net ol these costs. It is IncÈu¢d when thE ljp
mBasurèd rèliab. Intere¥t 1> rètt1$nh using th? ÈffÉd1 iniÈtssl m8lhod Ènd
Eliwidend arwj ierit IncorTre is reC(¥nI as thF thaiity's r¥hl to recer4re p¥ynI
Othèr ltjc1Ls lh¥ tOnrI10n tLmds into ineomè whlth arlsè& wha
pil84 lufids released IncotT furMI fvoMexpEFabtre er0mentS or¥then o ch?iitry
has ÈLtthDritw ID IDpI a otsl apprDÈrh to tt4 rmBnBnl hJr•d. 11 also
other income such wins disptwls olangib ffixp
Dromore Diocèsan Trust Nots$ (conthvthyj Tinglblo fhx•d •&sèts CuiF• bulldlngs The Trwtees was Ihal a roasDnablÈ atoa.on ol th• Ml book vakJ8 01 cla] PIOpprty held pl 31 prnbEr 2014 WJukJ t% ebl&ièl trrou9Pt ¢igcwnlin9 bE ifkwrance DEprockaQn Is Plcwittéd al ialès vthlè ots c¢K( lèss rè&idual of assel over ils eylimFlpd vseful econornic life * 0.67% strat line. Parish Ipnd is dY4TitJed inlo ffjert categories and ha8 beeD v&lued by thp Trwt¢e us1 Yalue Lry)on of I Ihal is to al cosi Church propèrty and Priw to 2015. accour4lin9 appld ILW eap4tai éxwr•dthre io k wrffjen oll lfi Ivll as inturlèd. A5 E re5uII ol rh31 wlicy. Ihe Driy4n?I co¥ls wcumu13ted tfeweci3knn d 1 hurch Wiipety CL4ntlS hebj Ihen wés rtd aValtl. ThfJ TN&iee's vieio wzs that a aSoNab approximat Df fv ThEI VElup ol rhurrPh propÈrty and BltÉnts Ebpld Bl 31 Drnber 2014 WlTruhJ be esbIled thTough dis(x)uniing the Insuran values ol Ihewr by 90%. This aS pllity éfrlPltyÈd ta [ldé IhÈ asÈiÈ on thé baraneé ÈhÈÈl at Èstimated historic nei OT Ktuwlatsd dePreallon. Of th.e 22 Fll will have a churth aTrd a Pr0vIo artd somi will orattirix and nails. Church prowrty OQPlÈCiaiitsn is PtlJlittÈtt at ratés caruJiatÈtt ID oNO)È ts)ÈI 1É53 regiduB.I v3lue of £h ELssei 0 rts e_xpected ful life 8t 0..87% ps 51rai9ht E. Olh8TtsnglblFf f]xgd OihÉl tsnuible 455ets Yled ¥1 coyt Ip33 deweri3lbW. thidiliw$ ¢Fpitslt3ed where Ihe valuts excteds r1.CXIO. 0•prla1)n Is at la18s ¢aIctsd io wile oft Ih cost vp1ue olexh ¥5yel gyet ts expetsd Itte. 85 1Tr]ItywS.' FpXlurÈS, filltllgs ènd eq¥1prne.l 10% réJuctno ¢pa(isl) InvostMomprortI0 InvesimoTht prDPOrtl&s Ic Whlth ta¥ can measuy Mliaw wIthO uftd ¥re Thr&5ured al tairv?lue ei ¢h reFKJrtirLg dete Wih ch?n9p3 in fair Yalue fe¢xJgnj5ed in "nei Qain5 1 IICtsSÈS) thl invésirrtrIs. In IFbè SOFA. Investmonts are fÈcognis8d Nlltia11y at marKei Val ai rarth srthii date whith Is rt¢nn¥Lly Lhe tr4nsaclton price EKthdding wartsacuon w3 rrtnt 85set investh%nts are ieTh hhlY Iiqupd iThWesvnts and are belo ai f'r ¥alufr. TPbaSÈ includp Goh on d¢pD5it Pd oash equtv*nts wtlh mzlurity d12sts IhaTh tne #, 31
Oromor& Dioc8san Trust Notes (conr£nu Dbiorn cr•dllor8 rec•lvable I payable wlthln oneyear Debiw arKI cr•drtors r•D siaied Interest rate and receivabFe pbk wtthin onp ye arÈ retOrtlEd pl tsrwctitsn Prfe. Any impairth8rÈi aré retogniséd In expendituie. cash and ¢aÉh oqul¥ab•nts Cash ¢aÈh Èlul¥rtrts irt IM ljalarttè Èhétrl C<f410 cash at banks and in hand and ShOrt4e dp905ts wtth ori9irkpl mFluritrsr or I. lh& Purp ot Ihe cash slatsrrnL cash and cash ¥utwal8rbts consisl d 8h arkd c4sh equiYalenEs 85 LtsarTr& ahd bDrrowlnya LOanÈ 3nd Eing5 pre Itlitialty rptxHJnE5ett at Ihe trathga¢uon Illdudl transaciion c4¥is. Sub3eoueniiy. they are measured at sYnNtId cogi u¥iTrg the eFtec. IIVE interest r¥lp present va1LkE. onregsignary kiang IndE tw reww4blp I PFyOtle 3rp irtt£rÈ>t IrÈÈ or bèlt arkiA Irbtér8si rai&g and ar& mJe to gdvance CrrtablE wryJ¥es. Wherp the tÉFwy3blp nre Ihan yJ2or. the IoFn 15 initially &sr9d Él lair Value and SlptssL[Qplty pasured at amortis&d cosi USI3 the 8ffecii¥e Intere rate methc¥J, les9 impFirmenl. As¥eLs rbtx n)&asu at falr valw are revthv ft)r ary indic) th B55el m3y kE IMrI at balantè sf•ètst rjalè. If Suth ind410n gxists. the itCOVFJrablE am(aJnt of the ¥sgei. or Ihe as.5 cash gener8irn9 Ufjlc, hy ¥Trd comp?rgJ io the c3rrying afrTrDunl vfftére tsmring arrK)uni éx¢ÈÈdSrtsiÈo)yr4labi&AmMnL an impa115S hs iecognlsed ** tn &bFA vrplvjg Itrke è2sei 15 w¥lyp¢ vthete Ihe imPaEmpJni I¢tss È revaiualh)n dé£reas•. P¥1$19¥ Provisions arè 18coor4is&I FbtJr& thcr rharlly has an obli9aiion ai Ihp bsl7nGe 5heot d¥lp a5 re5uII of a PFSt EV¢lll, il is wobpblp that aulllDW of bÈfb81ilS 11 bè rwulrÈd 4n 8etti&trthii amouni rel01¥ &slInled. A&sets aGquMe¢ uTrder flrtra ltrases arè cawalM6 and 4depreI¢d gy tlp ¥rter the 1Èthsp le Ltsgfo lif¢ qf the %1. atVthrtrÉd bottteen the Ilnancè cthaige and th fi)ou19rr of we ¢Star%19 IEa% ligtjaiw y¥5 the FfeNiv¢ jntsr¢s¢ MEIW, rplptod olfvlurq financè thargés. aré Ir18¢1 Ffi crèdrt¢)rs. Rentals payablé arttl rÈrAblèuné&i wratsng l•as8s arv•chai9tsdtolhe WAon a 91ralght 'n¢ b45iy thp ofthe IE35e.
Dfomore Diocèsan TIu5t Notes fecholthts Forolun rurrenGy FE3n CrrenCY cran51108 are pniliall¥ (ecogni¥ed £pplying to tksE foreign rTer1 arr)tsunl éxthantyè bèiwèats kh• foMlgn rrer at the dBt¢ ofthe tr¥rwcliDn. 4%ets li8bblttsdqrKwninaled in a #tt>p bala1E32I dBIE arÈ trathslatèd usi IhB (IDS¥Tru rè. Terrninelion benefi15 ale payatk when eryluimenl is leInted beft)re Ihe rbwmal relilÈrrtÉtal date. tx WhnEvr an empltryeÈ accEpk volurLlary rdunda1Ity in AchantyÉ t Iheye k)pnpfftg. ThE ch3rity re9lse3 termirFalign whpn tt is c<)nhThli8d io all1 (11 rmIn3b'ny m[raTrt ol Curreni nl¢t5 a¢cudiThJ Irj dÈbilgy foFm¥1 pl3n knithoyl ws5ibility olMTr1hdF4vl or IIlL prDvidiThJ E[lIS a leIl DI an DllÈi rffdts Its éncou¢aJÈ ¥olurttsry rdndanty. Tho TrLkStses consld&r Ihal th• ehaw bs largely fraFn incornE tax uDder I i>viÈTrDns QT Corp[bli[)n T?xe5 1998 4rKI ol TÉKablB Bins Act 1992. R4ccMery ¢5 rre ol LZX d&ductsd frorn |FbCQD% and fi4yTh Tpceipts JJnder ilt Aid. ThèePtatSty IÈ tJDt ÉblE to ValuD Addad Tax. E%rIalIUè IÈ Ih 4uount8 ifJcIu5ive ol VAT. 33
Dromore Diocesan Trust Nofes (rantintspd) VOlunry Incomi Ufflre&tr4Ct R•strkwd fiJn¢5 fund 2024 £'oo £'oo) È'oofj OIT2rti1ri, dDnBI'ons pnd *parie5 2,511 3.04G 2.ts81 3.N8 LIMrÉslrtded Fl•slritt fLEDds rur¥ls t'ooct Tolal 21J23 £'oM OffertoriES. dDThSllongsnd rel1& 2.931 469 3.4QO 2,931 Cu rlal and ygtoral Unroitrlci•4 RtrIcted furkd6 lundg £'cNJo 2D24 rooo DTrTrBiiofbS £rwJ J39 338 33F J39 Ur•fgStrTrCtèJ R•51rlcied fvnd5 Toral 2023 £'ooo Dtarkaiions arNI girls 133 133 13 133
Dromore DI0san Trust Nijtes fGGvJlinuJ Invpstm•nt P3rl%h Urtrtstikitsd Rè&trl¢tèd Total 2024 ' tIOOo frorn investfftErM propertlos Tctsi 2023 £'OtM] fun.6 und3 È'OLY) Irt[xe urtsir¥ wtyèrtl&g 46 Cufl*l and yitoral Urtr#gtt4d funds £'UOll R4Ètrietèd fundy rotai 2024 É'ooll Lilted lnveytrtS fo 10 VnreStri¢lèd RetslrirAÈd nd Total 2023 E"ootF E'ormj Li¥iett f4vesirntn
Drornore Diocesan Trust N¢)tg$ Ironth?ued) Cthèt Ine¢Jthè P&ilsh• Urtrèslrlcthd Réstrktéd Tot1 2024 £'¢wJ Éiooo 1Tr5urance C1M 76 75 7$ UrtrtÈiilcièd lu(sd Règtrittéd Jrbd £'OtN) Toial 2023 Cudg1 pwtvr41 UireFtri¢ted Regirlctgd fund5 Totsl 2024 Eyjfy) £'ooo £'ooo IrwrJn CIB.i UMèsirtci*l R•sirlcted frJnd3 hjndy tI)OD 2023 £'Mo Insuran Cklrns
Diomore Diocesan Tfu5t Inromlng r•$ouKw trom tthayltabltr acil¥ltlo& Unr¢strlcted RerfGwd funds Tunds Totwl 2L424 £'ooo £'ootr £00 FundralslDg Bwklel? ?Dd git5a9P¥ olr incorThng thiiEEbl Eivtt4P Capilal QIFbPrGIIs Aeceiwpd Yrrtjlh PAlrJlslry 341 225 25 124 14 124 14 707 707 LlnreslrFeal ILmds Rèstrittèd funds t'QDD 23 FundlaÉ4no arjd pilQlirrt8y41 other re%OUr fribm charitablF actWI@s piIFI recETwed Ofhor Grar Youth Mini¥iry 208 222 29 222 134 37 37 10Y 14 798
Dromor& Diocesan Tiust Notes (ctsnts"rdj InCrIng rè3out¢wd frorh ¢arfIabl¥ adlw114ès CurFal Ilnistrkt#d R•strTrcte4 fyTrd furkd Tolil 2024 Y¢Juih CoFwilssk)n Irrne Youth M iniÈEry and ietired wies Famity Cate Colleclitxj EducirJn of ColleclK)n Rent Rlal |nlpfPSt rer'd othor Grahts Prfofil on F¢Jrei9n EIGh Jo 12 19 13 19 iJ 93 100 u#rÈÈtllelèd Toi urKig £'Otk) £DtM] £'Mo Youih efjmmlsskn Inu YDuth Ministy Sick and Tr)Ilièd prsE Farnily Clre CDllwJw)n Education of prts ConèrMn nl Rfferwible 8k Interesi rec OIW GIAn15 RtOityJ 26 14 15 15 13 15 Is
Diomore Diocesan Trust Kotes Nèt on dl&p05a vf Ilxed et¥ Vniestilrlerj Re¥¢FIv4 fund& funds £'ooo E'fyoo Total Z024 rooo PrOfiVIL&l tsngEbl¢ IFKF Parishes CLd 21) 213 213 21$ Unre5trkl Resirkled lurLd5 handl £'c4)0 Total 2D23 E'O PrOfitIlLDs51 on $8Fe tangib frrted ay¥ets Pp•nsn8 uiia 65 65
Drotnore Diocesan Trust Notes lcontrild) C0518 of gènèfalin# fUd Urttèsltletéd T4)ts1 2024 £Tr4) rund9 FuTrdtaislng c<ps t2 12 12 12 Ufire51riGlpd Reylri* hJndÈ Tgt¥i 2023 Fundraisino eosi& 11 11 Curlwl #nd pasi•r41 Tt)tsl 2024 rwo tund& £'ooo Fundi8iSiENJ EQ%t3 Unresirkx&I R&5trKted runds turkds £Y)DD £rJN Toia1 2023 £'o FuThJw£i%ing c(ksts 40
Dromore Diocesan Trust Notes {conO'nii•(J) P¥rlsh( urlrftOd Reptricied TDtai 2Q24 EYIOO 80 £'wo Adrnini¥iraiion tosi Bank inteiEYt Parish eéfiifa C¢J&tg School wyrTrEnts Donairorts PriÈ51 VVeIl P¥yThEnl¥ Cleric&1 Pi0vvJI Sfx48ty R&trÈais. & {PY Pterniyes co&ts iflUdIng Ivanco R&PÈ5f5 Ènd maintenan¢e Gros¥ 5&1aiie3 anJ emptyers, MIC cos Votivés and lilurjic th516 Bank C[ge5 Chthr & Musit C&¥netery NInien3rtC? (Profill i bss on èxChanoÈ LeoÈy a PrDfe55ion Fee3 Ayuii i Accountan• Fè8s D&pie(ab'orh Qiher C(k%tS 90 45 12 T2 482 4E2 913 526 431 180 20 22 216 913 526 437 2Z ?1B 6J qo 26$ 63 10 266 £817 462 3,279 IFfire%lriclpd Rpgtyithd furnds £'o Tits1 2023 £'ot AJminigrttr¢)n Go ?nk inierest Pah ttsntrè(x 6D 37 37 Pr1Et Vkllaré PtymÈn Relreot5, ffli55iong & coups Prerr41s&& cosls including insuranttÈ Rep?irs ?rKI m?inlenan C)$$ salairés and ÈmpknyÈTS' Mle (+sIs Vt>ttves ¥rkd liturgical costs eènk Chargèg Choir & Music 187 920 425 182 887 920 425 182 919 Slg {Proft) 11s¥y c>n eKcPk3rye Legal & PtoloyS*)tsai Fèèa ALBdit l ACCtancY Fees Oppreelaiion Olher Costs 26 72 72 ?.29D
Dromore Diocesan Trust Notes eostF DI 11¥PE[e¥ In funhei4Tr¢• of tharhi bl• a¢tl¥ltlv4 l¢onrlnu Curlsl ptOral unreslr1ct Rèstrlct•d hJnd$ tundy T•1 2024 £'ooo £'ooo £'oDJ CroÉÈ &a&rFé5 and kloys. NIC DCPS Ptyrneni8 FranthiÈé Fee Attminty1fpiion cog Pwl$h Cèniré CosiÈ 145 42 91 187 91 11 Curroni chi PlOttstth and [2gLrdlr¥ SÈrvi 45 5B al1Pre c0519 CIMngall.C J1 IS 2,455 IA95 Qlhew Cosis DOJr 124 JOF 2,833 J.19T Othtt (tsts inGlEe EdUJ ol Cletgy X4d Pernnent DIn1&e. YoLrth Minlslry. Fanwly Ca Servr(E5 aNJ cioigy SupEYJrL unrÉsiiiClèd funds RÉ%triLted fuKyls £'o(x> Ttsiai 2023 Grps5 [arleS aThl 8mpky•is' MIC s[ DCPS PayrrtèniÈ FranGhi¥e Fee Aolrnintstra'0n otss¥ Parish Cenire Cgsis 8rjc1IPtTrcS tuirenl child proruon safesu¥ding gerwices Èank intwesl an6 chaTges Hpalltrbcaré ctssts ttrnppnsplion Ilegal feas Ttèwni119 Olher ¢oylE LrIal)rS 40 77 11B 77 22 23 22 22 175 17$ 423 820 257 877 42
Dromore Diocesan Trust NDtes & Calhs I (IosÈ4si on ParFshu UnreBt[t lunds t'OllO ReBtrieifrd lunds DtAI 2024 lficrease I Idoti•asvJ? In Itwéslrrtrts valL UD.restrtsO Resincted lundÈ Total 202J £x)(w) Ir•trèagÈ inve51rrbpnts ualu Cvriw1 ind pl8ra1 ,unreytlk R?Ylrfrt4d IUTKIÉ turld& 'ooo Tm81 1014 £'ooo E'ooo Ire* in irLvesirnpn15 vall 18 1B f1 fvnds fuTrds £'oN 2023 IrTru8ase In invetstmthts vai 34 651 1Q3 69 103 43
Diomore Diocesan Trust Notes fG(vrlinw Curlal and Pastoral Unrèstr4dÈd ReBtrlctd fund £'ooo Tol•l 2024 £'th)o £'ooo Fee8 wabl8 to externaE audrtors kn auJll 27 27 Llnresirxed Pe511icloJ lund& £'Mo Tp1 21]23 £'o Fee5 &bre to exiemal a&itors Tor other ser¥iCÈS 11 Nit lrnttamè l (£xpBndltLrro} 14et irtim¥i{èxpèndihJr•l 1$ $tSW #Rer #aar4Jrntr.' 2024 £'ooo 2023 £'o Audiiorf3 murbe[BElOr7 - Ruoil Auoiknrs mur1&f311Ort- othÉhr DePrtr- vnre5tricied fvrwJ% G3in on dlsposai Df aSSÉt£ IIOs5) 193in orh tsirvue )veMen1 (bf jrwegirnenl propeny Pi)fJl on tsir v4lL* of r 28 266 XJ 282 {262 11B 2.648
Dromore Diocèsan Tmst Notes IconilKii4dJ 12 SL•ff nLrrnbprB, penslon conlrlbullons The awÉfÉyÈ rwrnbw ofempeE¥ rhe yearwbs.. 2024 2023 Numkr Curia employées Ei¥ Erne 41 45 4$ Th8 [egatÉ pvyroll For the ¥bove were ps folkJw8'. 2024 Éiooo 2W23 t'DOD wagp5 ?nd lFrIE5 Sotial Sèttuiity ErThploy•r PÈ10n ttbn1ribuijrts 556 28 517 27 592 552 Ilo imp#tsyÉÈ Pr1Ents Df £SO,OCIJ or mure. TheTnl rikakÈÈ pfrbFnly Ip ychpmpy 8rKI Ihrcwl ?uiD?DTolrnpnl Irk rp9PECtol efYJible mplDyees pEnsI ethargé repre¥ntS contriMtiDns Irom the Trusi ano arr¢MJr*8d £7.940 023- E&D161
Dromore Diocèsan Tiust NoLes IttonÈrnu£dl 13 Tan9iblF 4BEetg Land Ghurch FiAtu re5. BuSldlng & fiUln98 and aquipmBnt Totil FreBhol Investmont prDPErt19 £woo E'OOO rooo ¢osi or É•lcu1aiion At l JanUry 2Q24 AdOilP)n DiSpDsal Revaluatioii 1,55 21,787 2F,Q33 2,427 139} (39) (2821, A* 31 Dèttéthbèi 2L124 21.748 3,696 26,954 2,165 At 1 J?ny55ry 2024 Charp (C>rar Èltrn Di¥wl 1.041 118 2.194 150 3.235 Al $1 Oècombw 2Q24 1,157 Not tsk valuo At 31 OBcembpr 21124 1,5 20,591 1,352 23.493 2,165 At 3t Decertth(2023 1.550 20.746 23.798 2.427 lnveyleTrt F8rwJ piopertley have beern Vall ai f8ii value ty the Tsiee L¥l the 01 arkni valu8. aftér obtailitK4 4YèSktop valualiong in oth)tl 2Q24 Irom ol oKr. 22 AlÈlaidÈ 51rÈèL If3St. eT2 ¥GD 46
Oromore Diocesan Trust Notes (c[l1[a0) 13 T4nglbk fix•d {cofftlhtsèé) FlxtLrrw. bultdln9w filtln9$
qUiPM•lIt
£'ooo Y¢Jtal Fte4hold IDYe5tment Proporty £'ooo Cogt vr ¢akulitLvr At 1 Janu¥y 2¢24 AddiliorhS Transf8r 333 331 225D RevalUaon At 31 DBCPmtbpr 2024 333 2.250 Ai 1 kfiLFary 2D24 Ch?rge year Glirrt on DiÈWaal A131 D0mber 2024 N4t book valu At 31 Docgmbér ?0 333 2,250 At 31 December 2023 335 333 2.250 In¥e%imènt land and pr¢Jwrlip5 hFve tIPEn valuE¥J gltsji VBIUE by Ihe Trth? orb ba51uof m3rk v8lve. after obiaining VLe gawit& ol OKT. 22 Adéiaidé sif8&L 8T2 8GD. 47
Dromore Diocesan Trust Notes 14 Inv•stmc 2D24 £'ooo 2023 £'ooo Al Tnark¢l vplyF At 1 January Fail vale gaiAÈ received Fè85 twid Tr4fi11tt 1,ID5 119 I.003 {ifj> (2S9> {101 At 31 DOb+r X)24 981 2024 otjo 2024 £'oC) Movemon l>jveMnTrl Cprw2 8. other IniÈrrkaliarbal E1 EEMigJn9 nTran¢èt È4Lty ComXIli1e5 tash 147 108 192 J34 215 103 635 73 45 56f 1.195 1S D•btart 2n24 Curl4 £'ioo 2023 P8Ykshes £.0 £:wo Traue Grft Aid Detxt Prepayments Sun¢ry Dpbt Insuran 16 476 1go 11 27 372 132 32 333 476 19 16 46
Dromore Diocesan Trust Noles (¢X)ntsiNJ&dJ 16 Cr¢tllor4 - amouiit$ lalllng d& ¥Jrthln om 2024 2D23 Tot31 £'cM)o Curia Totsl £'No É'o £'ooo er14ft5 rrèdè trEdilDrB Ar15 and dElerred Inco 3.588 t45 330 3.918 145 782 39$ 3.627 135 228 ÈJ2 774 235 f 58 hDols credEtrJr and swal stturity ¢oÈts 3.846 S,29B 17 StatsrTrBrtt of cantrol rhe thprily IF wntrolled by Ihp ObDce5e of DFowre Tw¥teg, lithtlè<4 by guaran. r•grft•rèd in Nortmffn Itéia[. 18 ProvlyEonE Try]yl rrkade ? provislon lo these [rkHWA31 3temenl¥ of £5,7B4.QQO pth23.' tS.297.QOO} io lèal ttlaifrtÈ atld toÈiÈ. Thè TIu¥è provision this yeHrf5 yiètemen15 b Upc g31 1vIce w ttbp likety outrgmp t>f ihÈ5EbeF5e5. Leg51 ciilm$ & pwo Opening Balance PaYm8lÈ Inuease in FXOVts 5.297 {1.5941 2.001 5,297 (1.594 2.081 CIOSSW baiantt 5,7 5.78rf 49
r [ Olknr ' PE%-a-
Dromore Diocèsan Tiust
Notes
1fr MrJvemMt IM Icortllnuèdl
Thp cutla unrestilclèd AJThds are t)rdrawn ty t4.kn (2tr23 - £3.1S9m? anrtthls Incr8¥
has èri5on thp ¢wb'rLve
Drom0 Diocèsan Trust Notes 1fr Movtm¢fflt lffl tunds (conllnuè¢lJ CharFtS•s Thi5 hJTrd Estst>&5hp(a legy purpweg FWK]fk5 ft)r orphans in lh• Diocés•. M?%¥pg Th15 fund wa& f SWJfthp¢ for ltssFP51tr t t>trEI fOrdTrntJrÉtsd ihèir ilie5. BpgYP¥ts Thes& turtds a¢è Fw WLtèsis and fB&bFtttÈd for thè Putr$ stiPulat8d In Will CJTthe tesEth)r tesl5lrix. 8rhool $1ry91Trg Progrimryip hjnd SUPWrlÈ a gthfAI SlJitl9 wbJfar¢trr baÈ&Y On thè Naileal 8eMol Pro9rpmThE ?nd 4 9ranl teGpiwl &nd k% USEd tQ SUprI srh¢)th b prorrkth lilur8TrGHI 8r•d singlng. Arnounts h•16 ai •gini There 8FQ vsiicdjs e0lFecii¢s iaken 4Jp duiing me year vMDirb Ihe Dituse that are Colléelions urtdèrtakén aÈ ÈgÈTht ah bèhaii Df organi$31itsnS. ThèEÈ Fu#ct I[Sld Its Ihp bBnk IheD p3id tr) Ihe irbdivrflu31 or9an15ai'ons. The nd Ugbility gTe not recogniseo wllNin h'nancial stmnts. amount of hJ¢vJS hl&Y by tnir tru$i at 31 De1)Pr20?4 £42,534 (2023- £84,746) at ye&r end. Thp BoIleI IhFI woukl l)ptskell up p&ch yp4r ig 8rEnwl TreY4iTe ?FWI. t119 Ihe ¥ear a toial 01£143.16812023 . £169.2601 was Collected. Z1 A Tr4ly815 of Chang n•i debi Al ¥lart vf C¥$hflg At ol ar yèar £'OL E'UOD £.[ CE¥h Overdraft tsility repayabl& on derrkgnd 7,260 13.627) 297 291) 7.$57 {3.9183 Tot¥1 3,6J3 639
r I
Dror(io¥e Diocesan Trust Notès <¢ttInri•thj Tiustè• rèlnu Mérttl¢Jn Tha TrusleÉ r•ÈahÉr ÈEre ntk waivetp $ry thrm for penseS iiing dulle& (gillèd oui loi tho Tmsl. Fo¢ dirèciois tsf fruslrjé rét•iwÉd nds. kn gtratè. tolallirbu £40.IKX] th2 yF#r to 31 t}eMbr 2024. 12023 - t33.WOI ylipEnds were paid to them in Fe8Fecl oftr¢thl as seIng Ministèis ol Ihe ChUh In fijwrt Corbnor and not ds è re5Lr11 théir Tru5tse ND pen5iUFI COnlributh¢JrtSWWP p?id their behalf. Accomn)sdalion ts wovlded foI trb2meKcfiJsivel¥ a Consequ¢@ ol Iholr nIstrS within thè Ditb5E. 24 Key rnaN•gefflonl pèrsoThnÈl The Charty Cons1% kty t¢)È1 tEbè DirfèEltW&, FifiartGÈ m3n¥9erE Secretf4ry. The lotal 4n)Dunl of arml benefts receivsl ty key Man4)èttnt èLludirf thè &h)utllÈ anthtFed in fiC>ty 2& in th finanttiai yr rs £7$,1 <2923 - £41.570). 2$ Capiiai eummitmBnt¥ Thè IruÈl hak eaFwL41 c01nrrt ?.131 Dpwn..ber 2024 ol£nil12023- £nAI th3.t en contracied for. The cgrying of the chity'i finardal knstrumirrts arè as follU4VS'. 2tr24 <'ooc 2Q3 rooo MèaÈuI2d at tsirv¥? Ihrou9h net lexpETrdAure Fc<èd #sui I[MSIrr&nt prDPBrtips (note 13) Fixtha asui liSEthJ in¥thntS (nDts 1¢) 4A15 861 4.e77 1.105 5ATfj 5,782
lil roKD(D -ouz wU,U"