CHURCH OF IRELAND
DIOCESE OF CLOGHER
PARISH OF AGHALURCHER
ST RONAN'S CHURCH COLEBROOKE
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEIIIBER 2024
CHARITY NUMBER: NIC 105365
HASSARD MCCLEMENTS LIMITED
CHARTERED ACCOUNTANTS
AND
REGISTERED AUDITORS
32 EAST BRIDGE STREET
ENNISKILLEN
COUNTY FERMANAGH
BT74 7BT

ST RONAN'S CHURCH COLEBROOKE
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
CONTENTS
References and Administrative Details
Trustees, Annual Report
Independent Examiner's Report to the Trustees
Statement of Financial Activities
Statement of Financial Position
Statement of Cash Flows
Notes to the Financial Statements
9-16

ST RONAN'S CHURCH COLEBROOKE
REFERENCES AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 DECEMBER 2024
Charity Name:
Brookeborough/Aghalurcher/Clogher/Church Of Ireland
Charity Registration Number: NIC 105365
Contact Address:
Colebrooke Rectory
8 Owenskerry Lane
Killarbran
Fivemiletown
BT75 OSP
Trustees
Mr Oral Graydon
Mr Christopher Gould
Mr Brian Foster
Mr Derek Johnstoii
Mr Joiiatlian Dunn
Mr Basil Little
Rev Canon Jolin Mcclenaghan
Mrs Connie Moore
Mrs Irene Boyd
Mr Robert Boyd
Rt Hon. Viscount Brookeborough
Mr Mark Granleese
Mrs Jayne Crawford
Principal Office-bearers
Clergy."
Church Treasurer:
Church Secretary:
Churcli Warden - Clergy:
Church Warden - People:
Glebe Warden - Clergy:
Glebe Warden - People..
Rev Canon John Mcclenaghan
Mr Robert Robinson
Mrs Connie Moore
Mr Derek Johnston
Mr Robert Boyd
Mr Derek Johnston
Mr Basil Little (Resigned 0910412024)
Mr Christopher Gould (Appointed 09/0412024)
Independent Examiner
Hassard Mcclements Limited
32 East Bridge Street
Enniskillen
County Fermanagh
BT74 7BT
Principal Bankers
Danske Bank
24 Townhall Street
Enniskillen
County Fermanagh
BT74 7BB

ST RONAN'S CHURCH COLEBROOKE
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees present the annual report and financial statements for St Ronan's Church for the year ended 31
December 2024.
Objectives and Activities
The charitable purpose of the Church of Ireland is the advancement of religion.
The principal function of St Ronan's Church is to support the advancement of the Christian religion by promoting,
through the work of the Parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical.
Being open to and engaoing with society as a whole and offering support for those needing help is fundamental to
the practical delivery of the benefits of Christianity. As a result of activity in the pursuit of the advancement of the
Christian religion, the Parish has custody of a large body of records, materials and artefacts of significance to the
cultural and religious heritage and maintenance of which is undertaken by the Select Vesty of the Parish.
Achievements, Performance and Public Benefit
The Parish holds public worship at a variety of services each week throughout the church year- Holy Communion,
Morning Prayer, Baptisms. Marriages and Funerals. There are services focusing on AdvenL Christmas, Lent,
Easter. Harvest et¢.
The purpose of our charitable fundraising is not only for our own costs, but also for a variety of needs (see attached
donations). This is a tangible demonstration of our mission and outreach.
At all times we keep in mind our Safe Guarding Trust policy, Heath and Safety requirements and regulation5.
The Parish ha5 given careful consideration to the Charity Commission for Northern Ireland's guidance on public
benefit to ensure that the activities entered into during the year have helped to achieve the Parish's objectives and
activities, as well as providing public benefit.
Financial Review
For the financial year ended J l December 2024, there was an overall surplus of £5.699, which incorporated a
surplus under unrestricted fund5 of £4,)69. a surplus in restricted funds of £1.296 and a surplus of £34 under
endowment funds.
Going Concer
The trustees have reviewed the budget5 for the year ahead and are satisfied that there are adequate funds in place to
ensure that the Parish can continue its activities and the financial statements for the year ended 31 December 2024
can be signed off as a going concern.
Structure, Governance and Management
Goveriiiiig Docunieiil ancl Conslilulioii of tlie Cliurity
Chapter 111 of the Constitution of the Church of Ireland governs Parishes and Parochial Organisation. The Select
Vestry rnembers are the Charity Tru5tee5.
Recruitmeiit anilAppoinlnieiit of Ilie Seleci Veslry (Truslees)
All members of the Church of Ireland who are over the age of18, either resident within the Parish or live elsewhere
but have been accustomed members of the congregation for at least three months, may register as members of the
General Vestry of the Parish, allowing them to attend and vote at meetings of the General Vestry and to stand for
election to the Select Vestry. The Select Vestry will hold their positions for a period of one year. Select Vestry
members may be re-elected annually and there is no limit on the number of terms which may be Served.

ST RONAN'S CHURCH COLEBROOKE
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Orgaiiisalional Slrucliire
The Select Vestry is responsible for the day-to-day management of the Parish. The Select Vestry consists of
members of the clergy serving in the Parish, any Curate Assistant, the Churchwardens, the Glebe Wardens and
generally not more than twelve other members of the General Vestry elected at the General Vestry.
The Select Vestry is chaired by the incumbent or other member of the clergy officiating in the Parish. Select Vestry
members are responsible for making decisions on matters of general concern and importance to the Parish
including deciding how parish funds are to be applied.
The Select Vestry meets at times fixed by the members or by the Diocesan Synod. Special meetinos may be
convened at any time by the Chairperson or the Churchwardens. In 2024 the Select Vesty met 5 Èimes during the
year and the average attendance was 640/0.
SlaleiNeiit of Trustecs, Respoiisibililies
The trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with
applicable law and regulations.
The law applicable to charities in Northern Ireland requires the trustees to prepare financial statements for each
financial year. Under that law the trustee5 have prepared the financial statements in accordance with generally
accepted accounting practice in the United Kingdom (accounting standards issued by the Financial Reporting
Council in the UK, including Charities SORP (FRS 102) "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 102) ' and promulgated by the Institute of Chartered
Accountants in the United Kin(rdom and United Kinodom Law). Under that law the trustees Must not approve the
financial statements unles5 they are satisfied that they give a true and fair view of the state of the affairs of the
charity and of the statement of financial activities of the charity for that period.
In preparing these financial statements. the trustees are required to=
select suitable accounting policies and then apply them consistently.
make judgements and estimates that are reasonable and prudent.
state whether the financial statements have been prepared in accordance with applicable Accounting
Standards and identify the standards in question, subject to any material departures being 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 Parish will continue as a going concern.
The trustees are responsible for keeping accounting records that are sufficient to show and explain the Parish's
transactions and disclose with reasonable accuracy at any time the financial position of the Parish and enable them
to ensure that the financial statements comply with the Charities Act (Northern Ireland) 2008, the Charitie5 Act
(Northern Ireland) 2013, the Charity (Accounts and Reports) Regulations (Northem Ireland) 2015 and the
provision of the Constitution of the Church of Ireland. They are also responsible for safeguarding the asset5 of the
Parish and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Statement a5 to diselosure to our Independent Examiner
In so far as the tru5tee5 are aware at the time of approving out trustees, annual report-
there 15 no relevant inforniation of which the charity's examiner is unaware- and
the trustees have taken all 5tep5 that they ought to have taken to make themselves aware of any relevant
inforn]ation and to establish that the charity's examiner is aware of that infonnation.

ST RONAN'S CHURCH COLEBROOKE
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Independent Examiner
The Independent Examiner, Hassard Mcclements Limited have indicated their willingness to continue in oifice.
and a resolution concerning their reappointment will be proposed at the Annual Easter Vestry Meeting.
Signed on Behalf of the Trustees
Rev Canon John MCCI
ghan
Mr Derek Johnston
Date..
Z3-7.

INDEPENDENT EXAMINER'S REPORT TO THE CHAIUTY TRUSTEES OF ST RONAN'S
CHURCH OF IRELAND
We report on the accounts of St Ronan's Church for the year ended 31 December 2024, which are set out on pages 6 to
16.
Respective responsibilities of the Charity trustees and independent examiner
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities Act
(Northern Ireland) 2008. the Charities Act (Northern Ireland) 2013 and the Charities (Accounts and Reports) Regulations
(Northern Ireland) 2015. The charity's trustees consider that an audit is not required for this year under section 65(2) of
the Charities Act (Northern Ireland) 2008 and that an independent examination is needed. The charity is preparing
accrual accounts. It is our responsibility to-
Examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008.
Follow the procedures laid down in the oeneral Directions given by the Charity Commission for Northern Ireland
under section 65(9)(b) of the Charities Act (Northern Ireland) 2008- and
State whether particular matters have come to our attention.
Basis of independent examiner's report
We have examined your charity accounts as required under section 65 of the Charities Act (Northem Ireland) ?008 and
our examination was carried out in accordance with the general Directions given by the Charity Commission for Northern
Ireland under section 65(9)(b) of the Charities Act (Northem Ireland) 2008.
Our examination included a review of the accounting records kept by the charity and a comparison of the accounts
presented with those records. It also included consideration of any unusual items or disclosures in the accounts. and
seeking explanations from you as charity trustees concerning any such matters.
Our role is to state whether any material matters have come to our attention givtng us cause to believe..
l. That accounting records were not kept in accordance with section 63 of the Charities Act (Northern Ireland) 2008.
2. That the accounts do not accord with those accounting records.
3. That the accounts do not comply with accounting requirements of the Charities Act (Northern Ireland) 2008. and
4. That there is further information needed for a proper understanding of the accounts to be reached.
Independent examiner's statement
We have completed our examination and have no concerns in respect of the matters (l) to (4) listed above and, in
connection with following the Directions of the Charity Commission for Northern Ireland, we have found no matter5 that
require drawing to your atten
HASSARD MCCLEMENTS LIMITED
CHARTERED ACCOUNTANTS
AND REGISTERED AUDITORS
32 East Bridge Street
Enniskillen
County Fennanagh
BT74 7BT
Date..

ST RONAN'S CHURCH COLEBROOKE
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestricted Restricted Endowment
Funds
Funds
Funds
2024
2024
2024
Total
2024
Total
2023
Note
Income
Donations and legacies
Other trading activities
Investments
Charitable activities
Other income
Total In¢ome
52,335
14,025
2,012
1,891
29
54,347
15,916
3,572
6,898
13,482
6.898
5,978
310
75,786
3,932
enditllre on:
Generating funds
Charitable activities
Other costs
Total Ex
enditure
(772)
(2,002)
(609)
(J,383)
(772)
(650)
(67.942) (72,199)
(6,937)
(9,876)
(75,651) (82,725)
(65,940)
(72,268)
Net income l (expenditure) before
transfer5
4.525
549
5,082
(6,939)
Transfers between funds
412
(418)
Net income / (expenditure) before other
reeognised gains and losses
4,937
14
5,082
(6,9J9)
Gainsl(Losses) on investment assets
(568)
1,165
20
617
4,964
Net movement in funds
4,369
1,296
5.699
(1,975)
Reconciliation of funds:
Total funds brought forward
604.906
66,191
225,664
896.761
898,736
Total funds carried forward
609,275
67,487
225.698
902,460
896.761

ST RONAN'S CHURCH COLEBROOKE
STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024
Note
2024
2023
Fixed Assets
Tanoible fixed assets
Investments
.175,000
76,759
1,251.759
671,31
12
Total Fixed Assets
747,454
Current Assets
Debtors
Cash and cash equivalents
Total Current Assets
13
17,148
141,089
158,237
22,111
133,0?7
155,lJ8
Current Liabilities
Creditors - amounts falling due within one year
Total Creditors
14
3,847
3,847
5,831
5,831
Net Current Assets
154.390
149.307
Total Net Assets
1.406,149
896,761
The Funds of the Parish
Unrestricted Funds
Restricted Funds
Endowment Funds
17
609.275
67,487
225,698
902,460
503,689
1,406,149
604,906
66,191
225,664
896.761
17
17
Revaluation Reserve
Total Charity Funds
17
896,761
The notes on page5 9 to 16 are an integral part of these financial statements.
The financial statements on pages 6 to 8 were approv¢d by the Board of Trustees on Z3-
and signed on it5 behalf by:
Reverend John Mcclena
an
Mr Derek Johnston

ST RONAN'S CHURCH COLEBROOKE
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
Note
2024
2023
Cash flows from operating activities:
5,082
(6,939)
Net cash provided by (used in) operating activities
19
2,980
(2,929)
Change in eash and cash equivalents in the reporting period
8.062
(9,868)
Cash and cash equivalents at the beginning of the reporting period
l i3,027
142,895
Cash and cash equivalents at the end of the reporting period
20
141,089
13J,027

ST RONAN'S CHURCH COLEBROOKE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
l. Accounting policie5
The principal accounting policies adopted. judoements and key sources of estimation uncertainty in the preparation of
the financial statements are as follows:
a) Basis of preparation
The financial statements have been prepared on a going concern basis in accordance with Accounting and Reporting by
Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reportino Standard applicable in the UK and Republic of Ireland (FRS 102) - (Charities SORP (FRS 102)),
the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
The Parish meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at
historical cost and transaction value unless othenvise stated in the relevant accounting policy note(s).
b) Preparation of accounts on a going concern basis
The parish generally meets its day to day working capital requirernents from its annual income. The Trustees have
obtained and reviewed cash flow forecast5 for the coming year and based on these are satisfied that the Parish has
resources to provide a reasonable expectation that it can continue to meet its financial obligations as they fall due for the
foreseeable future. Therefore, these financial statements have been prepared on a going concern basis.
c) Income
Plate collections, weekly envelopes and graveyard income are accounted for on an accruals basis.
Income arising from the rental of Parish Centre facilities to third parties is recognised when the parish has entitlement to
the funds, any performance conditions attached to the income have been met, it is probable that the income will be
received and the amount can be measured reliably.
Income from oovernrnent and other ardnts, whether'capital, grants or 'revenue' grants, is recognised when the charity has
entitlement to the funds. any performance conditions attached to the grants have been met. it is probable that the income
will be received and the arnount can be measured reliably and is not deferred
Donations and gifts-in-kind are brought into the accounts at their fair value to the Parish.
d) Expenditure
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party. it is
probable that settlement will be required and the amount of the obligation can be measured reliably.
Irrecoverable V AT is charged as a cost against the activity for which the expenditure was incurred.

ST RONAN'S CHURCH COLEBROOKE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
e) Tangible assets
The assels of the Parish comprise..
Church Buildino and Graveyard
Parish Centre
- Glebe House
- Farm and Bungalow
The Church Building and Graveyard are deemed to be Heritaoe assets as defined by the Charities SORP (FRS 102).
These Heritatse assets are not included in the statement of assets and liabilities as information on the cost or valuation is
not available and such inforniation cannot be obtained at a cost commensurate with the benefit to the users of the
accounts and to the parish.
The Parish Centre wa5 in previous years recognised at the insurance value, as provided by A J Gallagher but now has
been revalued to be recoonised at the current market value which was carried out by R.A. Noble & Co. Auctioneers &
Estate Aoents on 24 April ?025. No depreciation has been provided on the Parish Hall as the current estimated residual
value is not less than its carryino value and the remaining useful life currently exceed5 50 year5.
The Glebe House was in previous years recoanised at deemed cost, being the capital value of the property at l April
2017 but now has been revalued to be recognised at the current rnarket value which was carried out by R.A. Noble &
Co. Auctioneers & Estate Agents on 24 April 2025. No depreciation has been provided on the glebe house as the
current estimated residual value is not less than its carrying value and the remaining useful life currently exceeds 50
years.
The Farni and Bunoalow was in previous year5 reco(Jni5ed at the value on the date of transfer but now ha5 been revalued
to be recogni5ed at the current market value which was carried out by R.A. Noble & Co. Auctioneers & Estate Agents on
24 April 2025.
Tanoible assets are derecognised on disposal or when no future econornic benefit5 are expected. On disposal, the
difference between the disposal proceeds and the carrying amount is recognised in the statement of financial activities
and included in 'Other operating (losses)Igains'.
fj Investments
Fixed asset investments are initially recorded at cost and then 5ub5equently stated at fair value at each balance sheet
date. Investments in unquoted investments are recorded at cost and are assessed annually for irnpairment. Unrealised
Crains and losses represent the difference between the fair value at the beginning and end of the financial year or, if
purchased in the year. the difference between cost and fair value at the end of the year. Reali5ed gains and losses
represent the difference between the pi'oceeds on disposal and the fair value at the start of the year or cost if purchased in
the year. Both realised and unrealised gains and losse5 in investments are reported within "Gains l {L05se5) on
Investments" within the Statement of Financial Activities.
g) Cash and cash equivalents
Cash and cash equivalents includes cash in hand, deposits held at call with banks and bank overdrafts.
10

ST RONAN'S CHURCH COLEBROOKE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
h) Financial instruments
The Parish only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic
financial instruments are initially recognised at transaction price and subsequently measured at their settlement value.
i) Funds
Funds are classified as either restricted funds or unrestricted funds. defined as follows.
Restricted ￿ndS are funds subject to specific requirements as to their use which may be declared by the donor or with
their authority or created through legal processes. but still within the wider objects of the Parish.
Endowment funds are funds which have been given on the condition that the original capital sum is not reduced, but the
income there from is used for the purpose defsned in accordance with the objects of the Parish.
Unrestricited funds are expendable at the discretion of the trustees in furtherance of the objects of the charity.
2. Critical aceounting judgem¢nts and estimation uncertainty
Estimates and Judoements rnade in the process ot preparing the tinancial statements are continually evaluated and are
based on historical experience and other factors, including expectations of future events that are believed to be
reasonable under the circumstances. The Trustees do not consider that there are any critical judgements made in
applyin. the Parish's accounting policies or that there are any critical accounting estirnates or assumptions which may
have a significant risk of causing a material adjustment to carrying amounts of assets and liabilities within the next
financial year.
3. Donations and legacies
Unrestricted Restricted
Funds
Funds
2024
2024
Total
Total
2024
2023
Plate collections
Weekly envelopes / FWO
Tax recovered on donations
Donations for charities
Grants
4,190
32.344
7,625
4.190
32.344
7.625
2,012
4,063
32,516
7,357
2,012
Legacy
Other
2,000
6,176
2.000
6,176
54,347
5,698
52,936
2,012

ST RONAN'S CHURCH COLEBROOKE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
4. Other trading activities
Unrestricted Restricted Endowment
Funds
2024
Funds
2024
Funds
2024
Total
2024
Total
2023
Rentals from Parish Centre
Rentals from Farm and Bungalow
Special Fundraising
Other
625
625
10,273
3,997
1,021
15,916
600
10,273
2,917
210
14,025
10,507
1,227
1,148
13,482
1,080
811
1,891
S. Investments
Unrestricted Restricted Elldowment
Funds
Funds
Funds
Total
2024
Total
2024
2024
2024
2023
Bank interest
16
25
3,547
18
Investment income
3,519
3,535
28
3,062
3,080
29
6. Charitable activities
Unrestricted Restricted
Funds
2024
Funds
Total
Total
2024
2024
2023
Magazine and Church of Ireland Gazette Income
Grave Yard Income
440
6,458
6,898
440
6,458
6,898
440
5,538
5,978
7. Analysis of expenditure
Unrestricted Restricted
Funds
Funds
Total
Total
2024
2024
2024
2023
Generating Funds
Fundraising costs
772
772
772
650
772
650
Charitable Activities
Diocesan c05tslassessment
Church costs
Glebe costs
Parish centre costs
Graveyard costs
Charitable donations
Administration costs
43,445
6,829
4,887
3.016
4,965
2,000
798
43,445
6,919
4.887
3,016
4.965
3,912
798
67.942
46,736
7,008
4,776
2.754
5,223
5,202
500
90
1,912
65,940
2,002
72,199
12

ST RONAN'S CHURCH COLEBROOKE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Other Costs
Sunday school expenses
Diocesan and Church of Ireland Gazette magazines
Sundry costs
Bank charges
Property costs (Farm and Bungalow)
Purchase RCB Units
433
433
488
361
585
3.397
342
2,191
3,000
9,876
488
3,089
291
2.027
575
2,027
6,328
609
6,937
Governance costs of £1.530 were incurred during the year of which £1,530 relates to independent examiner fees.
Govemance costs are included within Sundry costs above.
8. Gain l (Loss) on Investment Assets
2024
2023
Unrealised gains l (losses) on investments
617
4,964
9. Taxation
St Ronan's Church is recognised as a charity for the purpose of applicable taxation legislation and is therefore not
subject to taxation on its charitable activities.
10. Analysis of truste¢ remuneration and expenses
Key management are deemed to comprise the Trustees. The parish paid expenses of £4,887 relating to the running costs
of the glebe house which is occupied by the rector. No trustee received any remuneration or reimbursement of expenses
during the year.
No trustee or a person related to a trustee had any personal interest in any contract or transaction entered into by the
harity during the year.
I l. Tangible fixed assets
Parish
Centre
Farm &
BuDgalow
Clebe
House
Tot81
Cost
At beginning of year
Additions
Revaluation (decrease) l increase
At end of the year
271,311
225,000
175,000
671,311
(21.J I l)
250,000
325,000
550,000
200,000
375,000
50i,689
1,175,000
Net book value at beginning of the year
Net book value at end of the year
271,311
?50,000
225,000
550,000
175,000
)75,000
671,311
,175,000
13

ST RONAN'S CHURCH COLEBROOKE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER2024
12. Investments
Listed
Other
Investments Investments
Total
Balance at beginning of the year
Additions durints the year
Disposals during the year
Fair value gain / (loss) on investments
Balance at end of the year
4.736
71,406
76,142
1,360
72,766
617
76,759
3.993
Listed
Other
Investments Investments
Total
Analysis of Investments
Other Listed Investments
Investments in RB Unit Trusts
Other unlisted investments
3,994
72,350
415
76,759
72,350
415
72,765
13. Debtors
2024
2023
Sundry debtors
17,148
22.111
14. Creditors Amounts due within l year
2024
2023
Accruals and other creditor5
3,847
5,831
15. Financial instruments
The church has the following financial in5truments-
2024
2023
Loans and receivables held at amortised cost
Cash and cash equivalents
Sundry debtors
141,089
17,148
158,237
133,027
22,111
155,138
Financial liabilities rneasured at amortised cost
Accruals and other creditors
3,847
i,847
5,831
5,831
14

ST RONAN'S CHURCH COLEBROOKE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
16. Analysis of Net Assets among Funds
Unrestricted Restricted Endowment
Total
Fixed Assets
625,000
13,568
151.700
(2,304)
787,964
550,000
225
1,175,000
76,759
158.237
(3,847)
1,406,149
Investments
Current Assets
Current Liabilities
Net assets at 31 Deeember 2024
62,966
6,064
(1,543)
67,487
473
550,698
17. Funds ofthe Parish
Gains /
(losses) on
investment R¢valuation
Reserve At 31.12.2024
At 1.01.2024 Income Expenditure Transfers
asset
Endowment funds
Fann & Bungalow Fund
Sylvia Mulholland Fund
225.000
664
225,664
325,000
550,000
698
20
20
325,000
550,698
Restricted funds
Investment Fund
Charity Fund
Bowling Club Fund
Catering Fund
Tablet Fund
64.796
29
,165
65,990
2,012
811
1,080
(1,912)
(609)
(772)
(90)
(100)
1.295
1,497
(308)
(10)
100
66.191
3,932
(3,J83)
(418)
1,165
67,487
Unrestricted funds
Cemetery Fund
Friends Fund
General Fund
25,883
6.961
97.324
7,074
481.699 62,758
(5,015)
(6.096)
(61.157)
157
27.986
97.734
662.244
(568)
255
178.689
604.906 76,793
(72,268)
412
(568)
178,689
787,964
Total funds
896.761 80,73)
(75,651)
617
503,689
1,406,149
Pu
oses of Endowment Funds
Farm and Bungaloiv Fund= This is an cstatc bequeathed on the basis to be never sold to a third party and the house and land
to be Ict and the irkcome can be used for any purpose needed by the church.
The Sylvia Mulholland Fund.. This is a Fund to be used for the upkeep and repair of the Mulholland grave.
Please note only material funds are disclosed.
15

ST RONAN'S CHURCH COLEBROOKE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Revaluation of fixed assets was carried out by R.A. Noble & Co. Auctioneers & Estate Agents on 24 April 2025..
Revaluation
increase I
At 1.01.24 At 31.12.24 (decrease)
Endowment
Farni & Bungalow Fund
225.000
550,000
325,000
General Fund
Parish Centre
Glebe House
271.311
175,000
446,311
250,000
375,000
625,000
(21,311)
200,000
178,689
18. Collection for Third Parties
2024
Bishops, Appeal
Clogher Diocesan MU
Royal British Legion Poppy Appeal
Clogher Diocese
9iO
309
418
255
1,912
19. Reconciliation of net income / (expenditure) to cash flow from operating aetivities
2024
2023
Net income l (expenditure) for the reporting period (as per the statement of
rinancial activities
Adjustments for:
(Increase)Idecrease in debtors
Increase/(decrease) in creditor5
Net cash provided by (used in) operating activities
4.964
(1,984)
2,980
(6.196)
3,267
(2.929)
20. Analysis of cash and cash equivalents
2024
2023
Cash in hand
Notice deposits (less than 30 day5)
Total cash and cash equivalents
141,089
141,089
133.027
l J3.027
16