DERRY DIOCESAN TRUST
CORPORATE TRUSTEE'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2022
The Directors of the Corporate Trustee present their report and financial ststements for the year ended 31
December 2022.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the charity's constitution. the Charities Act (Northem Ireland) 2008 and
'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
1021 (effective 1 January 2019)..
Objectives and activities
The principal objects of the charity are..
the advancement of the Roman Catholic religion in the Roman Catholic Diocese of Derry subject to any
future curtailment or addition of area made in accordance with the laws and regulations of the Roman
Catholic Church. and
the advancement of any charitable purpose supported by the Roman Catholic Church throughout the world
or in any part of the world.
The territory covered by the Diocese of Dery is made up of 51 Parishes across parts of Counties Derry, Tyrone and
Donegal and a very small part of County Antrim.
The Church in Derry, in union with the Catholic Church worldwide. seeks to achieve its objectives through sclivities
including the following.,
Proclamation of the Gospel
Worship of God
Provision of Clergy and pastoral personnel
Formation and development of parish communities
Support for families
Provision of educational, pastoral and youth ministries
Provision and mainlenanc8 of places of worship
Aid for impoverished and needy communilies worldwide.
The means used to fulfil the purposes of the Dlocesan Trust are Constantly monilored and revi8wed in order to
ensure that the principal aims and objectives of the charity are adhered to.
Statement that the Corporate Truslee has had regard to the Charlty Commission for Northern Ireland publlc
benefit requirement statutory guidance
The Corporale Trustee confirms that is has paid due regard to the public benefit guidance issued by the Charity
Commission for Northern Ireland in determining the activities undertaken by the charity.
Proclamatlon of the Gospel and Worship of God
Within the Dioces8 religion is normally advanced through the provision of places of worship, the facilitation of
r81igious practice and through community celebration of Mass. There 15 a publiG celebration of Mass every day in
the majorily of Parishes and on every weekend several community Masses are celebrated in public in every Parish.
All such celebrations are open to the public without any restrictions.
other activtties of the charity include conducting religious ceremonies (such as baptisms, weddings and funerals),
running programmes pertaining to spiritual formation and development. enGouraging and supporting inter-church
relationships and maintaining places of worship, many of which are listed and contain religious works of art and
other artefacts all of which fomi part of our national heritage. As these places of worship are open to the general
public. people of all faiths or none, they provide a public benefit for the whole community and for many people they
are spaces which offer the opportunity for quiet reflection and for spiritual contemplation.

DERRY DIOCESAN TRUST
CORPORATE TRUSTEE'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
It is within Parishes that people experience what tt is to be a member of the Catholic Church and where faith is
nurtured and given expression. Parishes, through various means, provide for the moral and spiritual wellbeing of
parishioners. Practical expressions of faith are manifested through the means of Parish organised pastoral, social
and educational activities, many of which ￿lY on the voluntary involvement of parishioners.
As well as pastoral care and the provision of the Sacraments to the members of parish communities, the Diocese
offers chaplaincy services to those who cannot be part of a regular parish community. Hospital Chaplains are
available at all the major hospitals within the Diocese of Dery. The Chaplains are regularly available to patients,
patients, relatives and staff and are on call to attend in emergencies. The Diocese also provides chaplaincy services
in penal institutions.
The important role played by volunteers who participate in the various activities of the Parish cannot be overstated
and their conlrtbution is vital in enabling the Diocese to continue to fulfil and develop its stated objectives.
Volunteers generously give of their time serving in various ministries, caring for and visiting the sick, the
housebound and those on the margins of society. They play a significant role in helping to maintain Parish property
and assisting in financial and other administrative duties, such as through membership of Parish Pastoral, Finance
and Safeguarding Committees. Such parishioners are the lifeblood of their communities and their contribution is
significant. The Diocese has around 1,100 volunteers who provide a voluntary contribution to the Diocese within
their respective Parishes on a regular basis.
Although the charity relies principally on donations from parishioners for its funding, acc8SS to religious services is
never restricted on the grounds of financial contribulions. In addition, members of the Catholic community are
encouraged. as a consequence of their faith commitment, to contribute towards creating a better society by
becoming active volunteers wilhin their local area through membership of charities, local societies and community
groups.
Alongside the work accomplish8d in the Parishes, the Curia, the central administrative office of the Diocese,
coordinates and carries out a number of essential functions n8c8ssary for the advancement of Cathollc religion at
local, national and international level. In order to do this, the Curia operates through Diocesan Committees and
through various personnel charged with specific responsibilities.
Provision of Clergy
Central to Parish lif8 IS the relationship between the Parish Priest, Curates and parishioners. Clergy are not
employees of the Diocese, however, in Canon Law the care and welfar8 of incardinated Priests of the Diocese is
mandatory and is, therefore, part of the charity's ongoing commitments.
Support for Families
Family Ministry within the Diocese is dedicated to strengthening marriage and families by coordinating pasloral
programs and ministries that have faith as their foundation and Christ as their goal. By responding to the needs of
today's families. as they strive to live in a very Challenging culture and a rapidly changing world, 'Family Ministry,
serves as a resource for famili85, clergy and parish Gommunilies.
Education
The Diocese of Derry continues to dedicate personnel who support the work of the 139 schools which are in
Catholic Trusteeship within the Diocese of Derry. This programme not only engages with classroom teachers,
schools leadership and Govemors but also promotes strong links wilh the local parish communities in the interest of
a rounded education.
Criteria for measuring progress against aims and objectives
The nature of the objectives and activities of the Di0￿$8n Trust are such that it is difficult to measure and assess
success using quantitative or other similar measurement methodologies. However the Diocesan Trust is satisfied
that it has continued to engage in levels of activity that safeguard the achievement of its core objectives which in
turn continue to sustain the promotion and practice of Catholic faith within and beyond the Diocese. The Diocese
has succeeded in providing clergy, pastoral personnel and resource5 to 5UStain the structure and activities of
parishes. It has succeeded in maintaining programmes of activity in supporting faith-based education. providing
pastoral support to communities. farnilies. young people and people who have beGome marginalised in society. It
has succeeded in maintaining in good condition the buildings and properties that it holds to resour￿ its key
objectives in current times and into the long-term future.

DERRY DIOCESAN TRUST
CORPORATE TRUSTEE'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
Achievements and performance
Pastoral Development after Covid
Covid restrictions conlinued through the early part of 2022. By May 2022, most restrictions had been lifted, enabling
the Diocese, supported by the Derry Diocesan Trust, to continue more fully its work in providing pastoral support to
the communities and families in the 51 parishes of the Diocese, responding to the needs of local people. The
Diocese has sought to continue to use some of the new methods of engaging with its congregations which were
brought into use during Covid, for example webcams and other on-line platfonns.
Continuing Synod Preparation 2021-2023
In late 2021, Pope Francis had called the entire People of God to journey together and answer the call to pat1icipate
in preparation for the 2023 Synod of Bishops, through a ￿0-year process of consultation with parishioners,. this is
process of journeying together, listening to each other, dialoguing and discerning, so as to arrive at decisions which
will render the church's mission of service more effective in recognising and responding to the needs of people, both
locally and universally.
Guided by a Diocesan Synod Working Group, a listening process was estsblished for parishioners of this Diocese,
enabling their voices, concerns, needs and challenges to be heard. The Diocese's Youth Ministy team engaged
with youth across the Diocese, and the Diocesan Catechetical Cantr6 reached out to all Catholic primary and post-
primary students and teachers.
Infonnation and facilitation training was managed by two professional facilitators with expertise in restorative justice
in the community and church, and in the theology of Synodality. Parishes held 'listening gathorings, in an
atmosphere of pray&r, welcome and hospitality, aiming to reach out to all young and old, small groups,
organisations schools and those on thè margins or alienated. Through this process, there has been a recognition of
change in local Gommunities and of the n8ed for a new model within Church. there is a clear realisation of the need
to empower people to engage in the church community. with increasing co-responsibility of lay people and local
clergy for parish development and in the Diocese as a whole. Formation and training needs have been identified to
build the necessary confidence which will encourage everyone in parishes to use the full range of gifts that they
have within and for the local parish community. The development of a programm8 of adult faith fomiation is already
well underway in the Diocese. To this end. clergy. staff and volunteers have already been ablo to deliver in-person
pastoral programmes and leadership training in a number of parishes, to empower members of the local parish
communities to engage in greater co-responsibility. Bishop McKeown has appoint8d a person to the new diocesan
role of 'Training in Evangelisation and Adult Faith Formalor,. in support of this process, to work alongside the
existing Diocesan Pastoral Coordinator.
On-going engagement with Youth and Schools in tha Diocese
The Diocese, supported by the Derry Diocesan Trust, continues to assist the work of the primary and post-primary
schools which are in Catholic Trusteeship. In May 2022 the Derry Diocesan Catechetical Centre organised the first
post-covid in-person 'Fan the Flame, gathering in Celtic Park. Over 3,500 pupils from Ihroughout the Di0￿Se of
Derry attended. This was the largest such event ever held by the Diocese.
Structural Change for more effectlve Outreach
Having reviewed alongside the clergy of the Diocese, who are most directly affected. Bishop McKeown has
proposed creating missionary pastoral communities with the current aim of at least two priesls in each pastoral
community. The purpose is to carry out more effectively the outreach mission of Ihe Diocese. The first three of
these areas have been established. This model will giv8 parishes more of an opportunity of working cooperatively
wlth their neighbours, sharing their glfts, talents and resources. Parishes, while retaining their individual parish
identity, will share clergy. The￿ will be a gradual introduction of these areas over a period of years.

DERRY DIOCESAN TRUST
CORPORATE TRUSTEE'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
Malntenance of buildings and property
The Diocesan Trust has actively continued to manage and safeguard the condition of the buildings and properties
that it holds in trust to meet its charitable objectives including churches, parish halls and parochial houses. The
Trust aims to maintain all properties in a good stste of repair and has completed a number of substantial repair and
refurbishment projects during the year. Projects of this nature are financed through a mix of parish financial
reserves, project fundraising programmes and collections and special-purpose donations. The maintenance and
refurbishment of property and buildings assists in safeguarding the ongoing activities of the DI0￿Se and also
benefits the broader community through the protection and safeguarding of the built environment and heritage
buildings.
Funding of parishes
The Diocesan Trust relies largely on donations from pafishioners to fund its pastoral programmes, to maintain its
buildings and properties and to meet its running costs. Covid impacted adversely on the level of income received by
Parishes and the Diocese and presented significant financial challenges. Although the financial pressures arising
directly from Covid have now ended, income generated remains below pre-covid levels. The Diocesan Trusl has
provided advice and support to Parishes where financial difficulties have been mosl acute. Going foNard, the
Diocesan Trust is now starting to explore new methods of receiving donations which would involve the use of
modern technology and reflect the way in which. for many people, the use of cash is becoming Glose to redundant.
Laudato Sl and Environmental Strategy
In his 2015 encyclical Laudato Si, Pope Francis made a great call for the practical care of our planet, our common
home, especially in this time of climate Ghange. He challenged both the church and the entire world to engage with
the environmental challenges presented by climate change. Over the past few years Sin￿ the presentation of
Laudato Sl, the Diocese of Derry has been engaging with the issues raised, moving towards both a diocesan
strategy and, crucially, its implementation. Thus, the Trust is involved actively in education and practical
engagement with the environment81 challenges facing the planet.
Investment pollcy and performance
The Diocesan Trust has an Investment Policy which sets out assessment criteria for investments including levels of
risk and performance. The primary financial objective of the Diocesan Trust is to ensure that the current and future
financial and pastoral obligations of the Diocese of Derry can be met. The Trust seeks to produce the best financial
return within an acceptable level of risk, maintaining a balance between long term capital growth and income
growth. The investment objective is to generate a return as specified in the Trust's Investment Policy over a rolling
three-year period. A moderate amount of risk can be taken in order to achieve this objective. The Diocesan Tnjst's
investments satisf5ed risk crileria in 2022. Investment perfomance in 2022 fell below specified target raturns but the
Trustee Board are satisfied that this reflected general market conditions in 2022 and did not illustrate unsatisfactory
performance in the Diocesan investment portfolios cOMpa￿d to market trends and suitable comparators.
Financial review
Details of the income and expenditure for Ihe current and previous financial years are shown in the Statement of
Financial Activities on pages 14 - 15. Although tolal income in 2022 has fallen below 2021 total income, donations
from parishioners (being the primary source of funding for the Diocese) have increased from £7,526,294 in 2021 to
£7,987.032 in 2022 as the Diocese emerged from Covid. However parishioner donations remain below pre-covid
levels.
Total income for the year was £11,931,514 of which £9,563.760 was generated by Parishes and £2.368,754 was
generated by central Curia funds. The principal funding source of the Diocesan Trust in 2022 has continued to be
donations from parishioners which have been used primarily to fund the costs of pastoral activity, maintenance of
buildings and administration in the particular parishes in which the donations were received.
Modest residual amounts of Covid-related funding totalling £5,928 (2021: £578,175) were received.
Tolal expenditure for the year was £12,053,977 of which £9,450,355 was expended by Parishes and £2,603,622
was expended from central Curia funds.
Therefore expenditure exceeded income for the year by £122,463. There were net losses on revaluation of
investments to market value of £1,997,844 (2021= net gains of £1,897,045) which combined with sterling-euro
exchange adjustments ￿sUIted in net outgoing resources for the DI0￿Se of £2,128,240.

DERRY DIOCESAN TRUST
CORPORATE TRUSTEE'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
The Diocesan Trust holds reserves of £76,163,970 at 31st DeceTnber 2022 12021: £78,292,210) comprising
restricted reserves of £71,014,644 (2021.. £72,839,831) and unrestricted reserves, which exclude parish reserves.
of £5,149,326 (2021- £5.452,379). Details of the amounts and purposes of restricted reserve funds are included in
note 20 in the accounts.
Reserves policy
The Diocesan Trust recognises that its income arises primarily from voluntary donations and that accordingly it is
important lo seek to carry adequate levels of reserves to ensure its ability to meet future expenditure commitments
as they arise. Parishes are enGouraged to maintain adequate short-term reserves to ensure that they can meet
operating costs in the short-term and to build longer-term reseNes Ihal will be available if substantial commitments,
such as buildings refurbishment projects, arise in the future. The Diocese centrally aims to maintain adequate levels
of reserves to meet Diocesan operating costs in the short- to medium-term and to provide for any significant
expenditures and contingencies that may arise at future dates. The policy of maintaining significant long-term
reseNes is considered consistent with the expectation that the Diocese of Derry will continue to exist in perpetuity.
The Diocesan Trust aims to hold reserves equating to at least the average amount of operating expenditure for
Ihree months as Free Reserves. Free Reserves are defined as Unrestricted Funds less Tangible Fixed Assets.
Funds invested in Tangible Fixed Assets are excluded from Free Reserves as these funds cannot be released
without undermining the Diocese's ability to fulfil its principal charitable objectives. At 31 December 2022, Free
Reserves were £4,493,478 12021: £4,782,305} and represented 5.71 months (2021.. 5.99 months) of Total
Operating Expenditure. Total Operating Expendilure takes into account Parish expenditure and is measured against
central Curia free reserves. The Trustee considers that this level of Free Reserves is reasonable, especially at the
present time, to enable the Diocese to fulfil its immediate financial obligations and commitments and to plan for
future investment requirements.
Principal risks and uneertaintios
The Corporate Trustee engages in a continuous process of monitoring and identifying risk and seeks to implement
measures to address the risk and mitigate the impact of any negative outcomes. The Corporate Trustee is satisfied
with the charity's ability to continue as a going concern.
Risk Management
The Trust Council actively reviews all major strategic and operational risks to which the charity is exposed and
confirms these have been reviewed and that strategie5 and systems are established to manage exposure to these
risks. The main areas of risk identified and monitor8d by the Trust Council include-
Safeguarding
Compliance with Health & Safety and listed buildings legislation
Reduction in active clergy members
Reduction in volunt8ry income
Increasing costs for the care of sick and retired clergy
Reduction in central reserves due to capital projecis and long tami commitmgnts
Compliance with data proteGtion regulations
Risks in relation to fraud
Diminishing numbers in weekly worshipping congregations

DERRY DIOCESAN TRUST
CORPORATE TRUSTEE'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
Plans for future periods
The Diocese of Derry recognises that its core objectives of advancement of the Catholic faith and proclamation of
the Gospel remain constant over time and accordingly it aims to mainlain its existing activities into the future. At the
same time the Diocese recognises the changing environment in which it exists and accordingly reviews its pastoral
and operational programmes and plans on an ongoing basis in an effort to ensure that it continues to meet its
primary objectives in the context of a changing environment. The Diocese is carrying out a process of review
involving broad consultation to plan how it will succeed in delivering its pastoral work in the future given the
challenges that exist in terms of numbers of clergy, participation of lay people in church life and finance. The
DI0￿Se is actively responding to initiatives put in place by Pope Francis including work to incorporate the principles
of Laudato Si inlo Ihe life and work of the Diocese and its parishes and Synodality programmes.
In 2018 the Diocese published a Diocesan Pastoral Plan for 2018-2021 entitled "God is Love. The Pasloral Plan
set out the path that the Diocese hoped to take in every parish community over the course of the three-year period
2018-2021. The Plan was framed by three pastoral themes= Building Welcoming and Inclusive Communities,. Being
Disciples of Jesus Christ, Growing in Faith Together. Working to Make Jesus Known and Loved. The Diocese
continues to strongly promote and support the work of Parish Pasloral Councils. The Diocese has continued to
develop the themes of the Diocesan Pastoral Plan in 2022 and continues to do so in 2023 and beyond.
On-golng engagement wlth Youth and Schools In the Dlo¢ese
In 2023, the Diocese plans to host its second Religious Education Conference for primary and post-primary school
teachers in the Diocese. Organised by the Catechelic81 Centre, it is planned to be held in Saint Columb's College,
Derry with, as main topics, 'Building Communities of Dialogue,, 'Forgiveness and Catholic Schools as Essential
Places of Evangelisation,. Part of the conference will include an evening gathering of parishes in the Diocese,
focussed on 'Building Parish Life,. Reaching out to young people and a commitment to youth ministry remains 2 top
priority of Ihe Diocese and a significant financial inv8slment by the Derry Diocesan Trust.
Laudato Si and Environmental Strategy
A Diocesan group developed a draft Environmental Strategy which was put out for consultation, The Trust's Board
of Directors has reviewed the draft Environmental Strategy and plans to adopt this as a Diocesan Environmenlal
Strategy. The document 15 available at..
https'.Ilwww.derrydiocese.orgl
index.php. preview-1 &option-com_dropfiles&format-&task-fronffile.download&catid-75&id-188&1temid-10000000
00000 .
This strategy provides concrete objeclives, as well as practical proposals, in terms of land usage, food, energy
usage. design and management of diocesan and parish properties, water and waste management, and transport,
as well as the crucial m8tters of implementation and monitoring. The areas are focussed on actions by the Diocese
and parishes, and by groups or individuals. Four parishes or clusters of parishes have begun pilot projects. It is
considered that implemenlation is more important than launch of the strategy. Therefore, successful pilots will be
rolled out across other parishes.
Education and awareness of environmental issues are essential. A month-long 'Sea50n of Creation, will continue to
be promoted in every parish between September and October annually.
Structure, governance and management
The Roman Catholic Diocese of Derry exists in civil law as the registered charity Derry Diocesan Trust. a charitable
Irust established by a Trust Deed dated 20th July 2009. On 7th July 2016, Derry Diocesan Trust became registered
as a Charity with the Charity Commission for Northern Ireland under charity registration number NIC 105256. For tax
purposes, Derry Diocesan Trust is also registered with HM Revenue and Customs as holding Gharitable tax status.
The sole Corporate Trustee of the charity is St Columb's Di0￿san Trust. a company limited by guarantee. The
Corporate Truslee is authorised by the Lord Chief Justicg of Northem Ireland to act in any charitable or
ecclesiastical trust as a trust corporation. The Diocesan Trust is currently carrying out a review of its govemance
structures and arrangements with the support of an independent professional fimi.

DERRY DIOCESAN TRUST
CORPORATE TRUSTEE'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
The operation of the charity is overseen by the Corporate Trustee. The Directors of the Corporate Trustee are
appointed by the Bishop of Derry who is Chair of the Board (Trust Council). The Corporate Twstee which served
during the year and up to the date of signature of the financial statements was=
St. Columb's DI0￿$an Trust
The directors which served on the Board of the Corporate Trustee during the year and up to the date of signature of
the financial statements were-
Most Reverend Donal McKeown
Reverend Michael Canny
Reverend Paul Mccafferty
Mr Shaun McElhinney
Mr Sean O'Kane
Reverend Michael Mccaughey
Ms Aine Gallagher
Mr Ciaran Hampson
Ms Fiona Schlindwein
Ms Brenda Morris
R8cruitment and appointmont of Trustees
Recruitmenl of Directors is based upon their knowSedge of the local Church and their having the professional skills
and experience necessary for overseeing the affairs of the charity by ensuring it is solvent, well run, and that It
delivers the outcomes for which it is established.
Induction and training of Trustees
New membets of the Trustee Board are given an inlroductlon to the structure and governance arrangements of the
Diocesan Trust and to the roles and responsibilities of the Trustee Board and its Committees upon appointment. In
addition the Diocesan Trust has provided a number of training days for Trustee Board members and will continue to
do this. Training days are delivered by external professional firms with relevant expertise and focus on
developments in charity law and practice and on charity govemanca and management.
Organlsational structure
Retlecting Canon Law, the activities of the charity are separated in this report into Parish and Curia functions.
Parishes
The Diocese is divided into Parish communities. Parish PriestslAdministrators and Curates are appointed by the
Bishop to provide pastoral care for Parish communities and to manage Parishes in all juridical affairs thus ensuring
Parishes are administered in accordance with the norms of Canon and Civil Law while fulfilling the aims of Ihe
charity.
Each Parish is required by Canon Law to have a Finance Committee to assist the Parish PriestlAdminislrator in the
administration of the Parish. Parish Finance Committees include parishioners with knowledge and experience in
finance. property management and administration. The Diocesan Trust is currently reviewing and updating its
publication Financial and Administrative Guidelines for Parishes in order to ensure that there is clear and meaningful
guidance in place for Parish Priests. Administrators and Parish Finance Committees.
Curia
The Diocesan Curia consists of those institutions and persons which fumish assistance to the Bishop and Trust
Council in the governance of Ihe entire Diocese, especially in directing pastoral activity, in providing for the
administration of the Diocese and in exercising judicial power. It also includes all who participate in the overall
administration of the Diocese, especially those who direct Diocesan aclivities such as pastoral support, youth work,
eduGalions, family life, liturgy, laity and other facets of the local Church's life.

DERRY DIOCESAN TRUST
CORPORATE TRUSTEE'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
Delegation of management
In the day to day management of the charity, the Bishop refers 8cclesiasticaS-related matters to the Chancellor of
the Diocese, the Diocesan Secretary, the Vicars General and other appropriate officials. Civil administrative matters
are referred to the exeGutive staff employed by the charity.
The Trust Council delegates oversight of the DI0￿se.$ financial, property, investment and administration matters to
the suitably qualified clergy and staff within the Curia. The Trustee Board delegates day-to-day management of the
charity (other than areas of a canonical and pastoral nature which are managed by a number of Diocesan clergy) to
the following Diocesan staff members..
Kevin Mccauley Bsc FCA- Executive Director, Derry Diocesan Trust
Teresa MGMenamin-Administrative and Financial Secrelary. Derry Diocesan Trust
Oonagh Robinson - Diocesan Trljst Officer, Derry Diocesan Trust
Finola Downey- Administrative Officer, Derry Diocesan Trust
Remuneration policy
The process of setting pay and remuneration of the Diocesan Trust's key management personnel is undertaken by
the Bishop of the Diocese (who is the Chair of the Trustee Board) in consultation with the Diocesan Personnel
Committee and the Trustee Board.
Statement of Corporate Trustee's responsibilities
The Corporate Trustee is responsible for preparing the Corporate Trustee's Report and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally AC￿pted
Accounting Practice).
The law applicable to charities in Northern Ireland requires the Corporate Trustee to prepare financi81 statements for
each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources
and application of resources of the charity for thal year.
In preparing these financial statements. the Corporate Trustee is r8quired to:
S81ect suitable accounting policies and then apply them consistently.
observe the methods and principles in the Charities SORP-,
make judgements and estimates that are reasonable and prudent.,
state whether applicable accounting stsndards have been followed. subject to any material departures disclosed
and explained in the financial statements. and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity
will continue in operation.
The Corporate Trustee is responsible for keeping sufficient accounting records that disclose with reasonable
awuracy at any time the financial position of the charity and enable them to ensure Ihal the financial statements
comply with the Charities Act (Northern Ireland) 2008, the Charity (Accounts and Reports) Regulations (Norihern
Ireland) 2015 and Ihe provisions of the trust deed. The Corporate Trustee is also responsible for safeguarding the
assets of the charity and hen￿ for taking reasonable steps for the prevention and detection of fraud and other
irregularities.

DERRY DIOCESAN TRUST
CORPORATE TRUSTEE'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
The Corporate Trustee's report was approved by the Board of the Corporate Trustee.
Most Reveren
Director of St
Donal McKeown
olumb's Diocesan Trust - Corporate Trustee of Derry Diocesan Trust
Dated: 27 October 2023
10-