THE PARISH OF ENNSIKILLEN
ST. IIIACARTIN'S CATHEDRAL ENNISKILLEN
CHURCH OF IRELAfiD
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
CHARITY NUMBER: NIC105443
HASSARD MCCLEMENTS LIMITED
CHARTERED ACCOUNTANTS
AND
REGISTERED AUDITORS
32 EAST BRIDGE STREET
ENNISKILLEN
COUIYTY FERMANAGH
BT74 7BT

THE PARISH OF ENNISKILLEN
ST. MACARTIN'S CATHEDRAL ENNISKILLEN
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 Trustces
Statcmeiit of Fiiiancial Activities
Statement of Finaiicial Position
Notes to the Financial Statements
9-18

THE PARISH OF ENNISKILLEN
ST. MACARTIN'S CATHEDRAL ENNISKILLEN
REFERENCES AIYD ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 DECEMBER 2024
Charity Registration Number:
NIC105443
Registcred Office:
St. Macartin's Deanery
13 Cliurch Street
Enniskillen
County Fennanagh
BT74 7DW
Trustees
Very Rev Kenneth R J Hall, Chair
Mr David P Clarke
Mr Nathaii Clyde
Mr Richard G Coclirane
Mrs Linda Corri(yan
Mrs Vanessa Elliott
Mr Arnold Graham
Mr David Graliam
Mr George Irvine
Mr Noel B Johnston
Mr MJ Ivan Kee
Mrs E Hope Kerr
Mrs Ann Little
Mr Samuel B Morrow
Mr Dwayne Nixon
Mr Stephen Richmond
Mr Karl Saunders
Mrs Audrey Williamson
Mr Jonathan W Woods
Principal Office-bearers
Rector..
Curate:
Honorary Secretary:
Hoiiorary Treasurer:
Church Warden - Rector's..
Cliurcli Warden - People's:
Gl¢be Wardeii- Rector's:
Glebe Warden- People's..
Very Rev Keniietli R J Hall
Rev Dr Edwin Aiken
Mr Samuel B Morrow
Mrs E Hope Kerr
Mr Dwayne Nixon
Mrs Ann Little
Mr George Irvine
Mr Noel B Johnston
Independent Examiner
Hassard Mcclements Limited
32 East Bridge Street
Enniskillen
County Fennanagh
BT74 7BT
Bankers
Danske Bank
24 Townhall Street
Enniskillen
County Fennanagh
BT74 7BB
First Trust Bank
214 East Bridge Street
Enniskillen
County Fennanagh
BT74 7BT
Page I

THE PARISH OF ENNISKILLEN
ST. MACARTIN'S CATHEDRAL ENNISKILLEN
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees present the aniiual report and accounts for The Parish of Enniskillen, St. Macartin's Cathedral
for tlie year ended J l December 2024.
Objectives and Activities
The charitable purpose of the Cliurch of Ireland is tlie advancement of the Cliristian faith.
Tlie parish objectives are eiicapsulated in its vision statement which is 'St. Macartin's at Tlie Heart of the
Cominuiiity, streiigtlieiiing Coiniiiitment, Outreacli, Worsliip and Christian Love"
Tlie principal function of
St. Macartin's Catliedral, Enniskillen is to support the advancement of tlie Cliristian religion by proinoting,
throu(yli tlie work of tlie parish, the whole mission of tlie Cliurcli, pastoral, evangelistic, social and ecumenical,
being opeii to cngagiiig with society as a whole.
All activities undertaken further the charity's purpose for the Public Benefit.
As a result of activity in the pursuit of the advancement of tlie Christiaii religion, the parish has custody of
property and of records, materials aiid artefacts of significance to the cultural and religious heritage and
maintenance of wliicli is undertaken by tlie select vestry of the parisli.
Achievements and Performance
St. Macartin's Cathedral, Enniskillen, has a clear Anglican identity and during the year 2024 it held 156
services of divine worship of Holy Communion, Morning and Evening Prayer. In addition, Harvest
Thanksgiving, Christmas and Easter are celebrated as well as commemoration of significant historical events.
In 2024 the parish held 34 burials, 36 baptisms, 3 weddings and 15 confirniations. Pastoral support to
parishioners was provided througli the ministry of the Dean, the Curate and tlie Diocesan Pastoral Assistant.
Public benefit iii St. Macartin's Cathedral Enniskillen in addition to divine worship is achieved through a wide
variety of activities that take place througliout the year in the Catliedral Hall. The groups which meet cater for
all ages and a wide variety of interests. The parish supports those in need with its outreach mission both at
home and abroad.
St. Macartin's Cathedral, Enniskillen has a strong musical and choral tradition with a large Cathedral cl)oir
contributing to the worshiping life of the parish and diocese. The parish providcs ministry to young people
in Sunday Lights, Sunday Lights Café, Messy Churcli, and a Confirmation class as well and its Rainbows,
Brownies, Guldes, Beavers, Cubs and Scouts.
The Mothers, Union provides a meeting opportuiiity for the women of the parish. The Bowlino Club provides
recreation for interested members of the parish and the community. Community outreach is provided to the
elderly through the Tuesday Club and to younger members through the Parenting and Wellness Group.
Two Trustees serve on the Boards of Governors of local schools. In addition, the Clcrgy lead assemblies in
local schools.
Tlie parish enjoys very good community relations witli all its neiglibouring churclies and has a particularly
strong link with the local Roman Catliolic parish of St. Michael's, Enniskillen and its clergy.
St. Macartin's Catliedral, Enniskillen adh¢r¢s to Safeguarding Trust Regulations, Data Protection Laws and
the Church of Ireland Child Protection Policy.
Page 2

Public Benefit Statement
The expression of the precepts of the Christian religion through the eiigagement with the ¢yeneral public, and
in particular witli the disadvantaged, the sick, the elderly and the young is a public benefit. This can be
measured and evidenced through increased social integration and pastoral care delivered at the poiiit of need.
The direct benefit of participation in Cliurch life includes tlie enjoyment of public worship and the givintr and
receiving of pastoral ministy, iinproved understandin(F of the values relating to civic engagement, community
cohesion and providing a bridge between diverse groups as well as improved educational outcomes through
tlie Church's ministry of teacliing. The beneficiaries are the general public, and the public valuation of the
benefits can be evtdeiiced through attendance at public worsliip, participatioii in Church governance aiid
willingness to support, through contributions, tlie coiitinuing witness of the Church. The wider benefit to the
public will outweigli any detriment arising in the course of Christiaii outreach. Any private benefit arising out
of the fulfilmeiit of our Christiaii ministry or to lay staff is essential to the fulfilment of tl)e purpose of the
advancement of religion. No Trustee receives remuneration, reward or other private benefit for carrying out
their Trustee responsibility.
The direct benefits flowing from tliis purpose include the provision of archive reports, public enjoyment of
cultural and historic buildings and artcfacts such as the church plate, furnishiiigs and materials as well as an
overall improved appreciation of longstaiiding Christian heritage. This is demonstrated through on-going
provision of access to records and the use made of these records in, for example, research and genealo￿,
tlirough conservatioii efforts in respect of records, property and artefacts and the subsequent and contiiiued
requests for access aiid use of our materials by wider society. There is llo liarm arising from tlie Purpose. The
beneficiaries are the general public. No private benefit is received by trustees fulfilling their trustee
responsibilities in respect of these records, buildings or artefacts, but in the course of conservation and to make
these accessible to the public, the engagement of professional staff and services is essential but incidental to
the fulfilment of the purpose.
Tlie Parish has given careful consideration to the Charity Commission for Northern Ireland's guidance on
public beiiefit to eiisure that the activities entered into during the year Iiave helped to achieve the Parish's
objectives as well as providing public benefit in the year ei)ded 31 December 2024.
The Trustees of the parisli confirm that they have complied with their duty under section 4(b) of tl)e Charities
Act (Northern Ireland) 2008 to have regard to the Charity Commission for Northern Ireland's guidance on
public benefit and tliat the public benefit requirement has infornied the activities of the charity in the year
ended 31 December 2024.
Financial Revie
The Trustees are satisfied that St. Macartin's Cathedral, Enniskillen, remains in a sound financial position at
the year end. The results for the year are set out on page 7 of the accounts.
Reserves Policy
The Trustees do not have a fonnal reserves policy. however, they must ensure that the church has sufficient
resourccs. It is considered good practice to seek to build financial reserves whicli will enable the church to
meet future commitments or unforeseen expenses without a negative impact on the ability to deliver services
in the manner planned. By holding reserves, the church will be ablc to absorb setbacks and take advantage of
change and opportunity as well as demonstrate a plan for viability beyond the immediate future and provide
reliable services over the longer term.
Going Concern
The trustees have reviewed the budgets 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 end 31
December 2024 can be signed off as a going concern.
Page 3

Structure, Governanee and Management
Governing Document and Constilulion of ilie Cliarity
Chapter Ill of the Constitution of the Church of Ireland governs Parislies and Parochial Organisations. The
Select Vestry members are the Charity Trustees
Recruitmen¢ andAppoinlmenl ofseleci Veslry
All members of the Church of Ireland who are over the age of18, contribute a minimum of £50 per annum,
and are either resident within the parlsh 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
tliein to attend and vote at meetings of the General Vestry and to stand for election to the Select Vesty.
Meetings of the General Vestry are held at least once a year. The Select Vestry is elected as part of this General
Vestry meeting. The Select Vestry will hold their positions for a period of one year. Select Vesty members
may be re-elected annually and there is no liinit oil the number of terms which may be served.
Pay and remuneration
The Rector and Dean, the Curate and the Pastoral Assistant each receive a stipend in accordance with fIgures
approved by the Clogher Diocese and the General Synod of the Church of Ireland and details of office and
locomotory allowance.
Organisalional Slruclure
The Select Vestry is responsible for the day-to-day management of the parish. In 2024 the Select Vestry
consists of the member of the clergy serving in the parish, the church wardens, the glebe wardens and fourteen
other members of the General Vestry elected at the General Vestry meeting.
The Select Vcsty is chaired by the Incumbent or other member of the clergy officiating in the parish. Select
Vestry members are responsible for making dccisions on matters of general concern and importance to the
parish including deciding how parish funds are to be applied.
Tlie Select Vestry meets monthly except in January, July and August. Special meetings may be convcned at
any time by the chairperson or tlie churchwardeiis. In 2024 tlie Select Vestry met 9 times during the year.
The average attendance was 900/0.
Page 4

Statement of Trustees, Responsibilities
The trustees are responsible for preparing the Trustees, Report and the finaiicial statements in accordancc with
applicable law and regulations.
Tlie law applicable to charities in the Nortliern Ireland requires the trustees to prepare financial stateinents for
each financial year. Under tliat law the trustees liave prepared the fInancial statements in accordance with
Generally Accepted Accounting Practice in the United Kingdom (accounting standards issued by the Financial
ReportiliCT Council in tlie UK, iiicludiiig Charities SORP (FRS 102), Accounting and Reporting by Charities-
Statement of Recommended Practice applicable to Cliarities preparing thcir accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" and promulgated by
tlie Institute of Chartered Accountants iii the United Kingdorn and United Kingdom Law). Under that law the
trustees Inust not approve the finaiicial statements unless they are satisfied that they give a true and fair view
of the state of the affairs of thc 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 tl)en apply thein consistently.
make judgments and estimates that are reasonable and prudent.
state whetlier the financial statements have been prepared in accordance witli applicable Accounting
Standards and identify the standards in question, subject to any material departures being disclosed and
explained in the financial statements- and
prepare tlie financial stateinents 011 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 accouiiting 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 Charity
(Accounts and Reports) Regulations (Northern Ireland) 2008 and the provision of the Constitution of the
Church of Ireland. They are also responsible for safeguarding the assets of the Parish and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
Statement as to disclosure to our independent examiner
In so far as the trustees are aware at the time of approving our trustees, annual report:
tliere is no relevant inforniation of which the indepeiident examiner is unaware. and
the trustees have taken all steps that they ouglit to Iiave taken to make themselves aware of any relevant
iiiformation and to establisli tliat the independeiit examiner is aware of tliat information.
Independent Examiner
Tlie iiidepeiident exaininer, Hassard Mcclements Limited have indicated their willingness to continue in
office, and a resolution coiicerning their reappointment will be proposed at the Annual Easter Vesty
Meeting.
On Behalf of the Trustee
VeryR
Chair
Ken
eth R J Hall
Mrs E Hope Kerr
Honorary Treasurer
Mr Samuel B Morrojv
Honorary Secretary
th
Date: 10 March 2025
Page 5

INDEPENDENT EXAMINER'S REPORT TO THE CHARITY TRUSTEES OF THE PARISH OF
ENNISKILLEN
ST. MACARTtN'S CATHEDRAL ENNISKILLEN
We report on the accounts of The Parish of Enniskillen, St. Macartin's Cathedral, Enniskillen for the year
ended 31 December 2024. whicli are set out on pages 7 to 18.
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 (Nortliern Ireland) 2008, tlie Charities Act (Northern Ireland) 2013 and the Charities (Accounts
and Reports) Regulatioiis (Nortliern Irelaiid) 2015. The cliarity's trustees consider that an audit is not required
for this year uiider section 65(2) of the Charities Act (Northern Ireland) 2008 and tliat an independent
examination is iieeded. Tlie charity is preparing accrual accounts. It is our responsibility to..
Examiiie the accounts under section 65 of tlie Charities Act (Nortliern Ireland) 2008.
Follow tlie procedures laid dowii in tlie oeiieral Directions given by the Charity Coininission for
Northern Ireland uiider sectioii 65(9)(b) of the Cliarities Act (Northern Ireland) 2008. and
State whether particular matters have come to our atteiition.
Basis of independent examiner's report
We have examined your charity accounts as required under section 65 of the Charities Act (Northem Ireland)
2008 and our examiiiation was carried out in accordance witli the general Directions aiven by the Charity
Commission for Nortliern Ireland under section 65(9)(b) of the Charities Act (Nortliern Ireland) 2008.
Our exainination included a review of tlie accouiiting records kept by the charity and a comparison of the
accouiits presented with tliose records. It also iiicluded coiisideration of aiiy unusual items or disclosures in
the accouiits, aiid seeking explanations from you as charity trustees concerning any such matters.
Our role is to state wlietlier any material Inatters have coine to our attention giving us cause to believe:
l. Tliat accouiitiiig records were not kept in accordaiice with section 63 of tli¢ Charities Act (Nortliern
Ireland) 2008-
2. Tliat tlie accounts do not accord with those accounting records.
Tliat the accounts do iiot comply with accouiitin(T requireineiits of the Charities Act (Northern Ireland)
2008; and
4. Tliat there is further infonnation needed for a proper understanding of the accounts to be reached.
Independent examiner's statement
We have completed our examination and have iio concerns in respect of the matters (l) to (4) listed above and,
in connection witli following tlie Directions of the Charity Coinmissioii for Northern Ireland, we have found
noma
ers tliat require drawing to your attention.
HASSARD MCCLEMENTS LIMITED
CHARTERED ACCOUNTANTS
AND REGISTERED AUDITORS
32 East Bridge Street
Enniskillcn
County Fennanagh
BT74 7BT
th
Date: 10 March 2025
Page 6

THE PARISH OF ENNISKILLEN
St. MACARTIN'S CATHEDRAL ENNISKILLEN
STATEMENT OF FINANCIALACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestricted Restrieted
Funds
Funds
Endowment
TotAI
2024
Total
Note
2024
2024
2024
2023
Income
Donations and legacies
Other trading activities
Investments
Charitable activities
225,699
32,688
84,901
410
310,600
33,098
?4,387
16.183
386,907
32,824
13,090
10,457
16,183
Total Income
282,774
101,494
384,268
443.278
enditure on:
Charitable activities
Total Ex
enditure
231,484
231,484
68,667
68,667
JOO,151
300,151
351.688
351,688
Transfers between funds
Gains l (Losses) on investments
31,426
31,426
1,739
Net movement in funds
82,716
32,827
115,543
93.329
ReconciliatjOD of funds:
Total fund5 brought forward
3,156,225
325.711
3,481,936 3.J88.606
Total funds carried forward
3 ?38,941
J58,538
3.597,479 3,481,9J5
Page 7

THE PARISH OF ENNISKILLEN
St. 1￿cARTIN's CATHEDRAL ENNISKILLEN
STATEMENT OF FINANCIAL POSITION
FOR THE YEAR ENDED 31 DECEMBER 2024
Note
2024
2023
Fixed Assets
Tanoible fixed assets
Investment properties
Investments
Total Fixed Assets
2.566,895
192,137
240,103
2,999,135
2,566.895
1 $2,988
217,826
2.967,709
10
Current Assets
Debiors
Cash 2nd cash equivalents
Total Current Assets
39,156
565.464
604,620
25.943
494,372
520.J15
Current Liabilities
Creditors - amounts falling due within one year
Total Creditors
12
6,276
6,276
6,088
6.088
Net Current assets
598,344
514,227
Total Net Assets
3,597,479
3,481,936
The Funds of the Parish
Unrestricted Funds
General funds
Restricted Funds
15
J,2J8,941
358,538
3.156,225
325,711
15
15
Endowment Funds
Total Charity Funds
J,597.479
J,481,936
The notes on pages 9 to 18 are an integral part of these financial statements.
The financial statements on pages 7 to 8 were approved by the Board of Trustee5 on l Oth March 2025
and signed on its behalf by..
Very Rev Ke
Chair
neth
J Hall
Mr5 E Hope Kerr
Honorary Treasurer
Mr SAmuel B Morrow
Honorary Secretary
Page 8

THE PARISH OF ENNISKILLEN
ST. MACARTIN'S CATHEDRAL ENNISKILLEN
NOTES TO THE TrINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
l. Accounting policies
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the
financial statements are as follows-
a) Basis of prep2r2tion
The financial statements have been prepared on a uoing 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 Reporting 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 otherwise 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 requirements from its annual income. The Trustees continually
review the parish's finances and 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. Freewill Offerings. Graveyard Income, Hall hire and Donation5 are accounted for on a cash receipts
basis as the amount is collected. Legacies are included in income in accordance to the terms under which the donation is
made and when the amount can be quantified with reasonable certainty. Income received from charitable activies includes
Special Service Collections which are accounted for on a cash receipts basis as the amounts are collected. Miscellaneous
income primarily refers to VA T reclaimed under the Listed Place of Worship VAT Scheme and relates to the roof work
completed over the l&st number of years. It has also been accounted for under a cash receipts basi5.
d) Expenditure
Expenditure is recogni5ed 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 VAT 15 charged as a cost against the activity for which the expenditure was incurred.
Page 9

THE PARISH OF ENNISKILLEN
ST. MACARTIN'S CATHEDRAL ENNISKILLEN
NOTES TO THE FINANCIAL STATEIVIENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
e) Tangible assets
The assets of the Parish comprise:
Cathedral building and graveyard
Cathedral Hall
- Deanery
Curatage
Caretakers / Verger's residence
- 20 Breandrum Court
The Cathedral building and graveyard are deemed to be Heritage assets as defined by the Charities SORP (FRS 102).
These Heritage assets are not included on the balance sheet as information on the cost or valuation is not available and
such information cannot b¢ obtained at a cost commensurate with the benefit to the users of the accounts and to the parish.
The Cathedral hall was built in the 1960's. It is recognised at deemed cost, being the fair value of the property at 31
December 2018. No depreciation has been provided on the hall as ther current estimated residual value is not less that its
carrying value and the remaining useful life currently exceeds 50 years.
The Deanery and other properties are recognised at deemed cost, being the estimated fair value of the property at 31
December 2018. No depreciation has been provided on these buildings as the Current estimated residual value is not less
than its carrying value and the remaining useful life currently exceed5 50 years.
Small items of fixtures. fittings and equiment under £ 1,000 are written off as an ¢xpeiise in the year of purchase.
Investments
Fixed asset investments comprising investment properties, inv¢5tments in equities and investment in RCB Unit Trusts are
initially recorded at cost and are then subsequently recorded at fair value at each balance sheet date. Investments in
UDqUOted investments are recorded at cost and are assessed annually for impairment. Unreali5ed gains 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. Realised gains and losses represent the difference between
the proceeds on disposal and their value at the start of the year, or cost if purchased in the year. Both realised and
unrealised vains and losses in investment are reported within "Net Gains l (Losses) 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.
h) Financial instruments
The Parish only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic
financial instruTnents are initially recogni5ed at transaction price and subsequently measured at their settlement value.
Page 10

THE PARISH OF ENNISKILLEN
ST. IWIACARTIN'S CATHEDRAL ENNISKILLEN
NOTES TO'fHE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
i) Funds
Funds are classified as either restricted funds or unrestricted funds, defined as follows.
Restricted funds 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 fund5 which have been given on the condition that the original capital sum is not reduced but the
income is used for the purpose defined in accordance with the objectives of the parish.
Unrestricted funds are expendable at the discretion of the trustees in furtherance of the objects of the charity. If part5 of
the unrestricted funds are earmarked at the discretion of the turstees for a particular purpose, they are designated as a
seperate fund. This designation has an administrative purpose only and does not legally restrict the trustees, discretion to
apply the fund.
j) Taxation
As a charity the parish is not liabile to Income or Corporation Tax.
2. Critical accounting judgements and estimation uncertainty
Estimates and judgements made in the process of preparing the financial statements are continually evaluated and are
based on liistorical experience and other factors, including expectations of future events that are believed to be resonable
under the circumstances. The Trustees do not consider that there are any critical judgeTn¢nts made in applying the Parish's
accounting policies or that tliere are any critical accounting estimates 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.
Page 11

THE PARISH OF ENNISKILLEN
ST. MACARTIN'S CATHEDRAL ENNISKILLEN
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
3. Income
3.1 Donations and legacies
Unrestricted Restricted
Funds
Funds
Endowment
Total
Total
2024
2024
2024
2024
2023
Plate collections
Freewill offerinJo
Harvest collections
Gift aid tax rebate
Donations and legacies
Mission outreach
Bishops, appeal
Dean's sit out
Graveyard wall fund
Fabric fund
Cathedral organ fund
Choral scholarship fund
l Kee birthday party donations
Grants
Counlry and Western concert
Cathedral bells fund
Flower Festival
7.171
159.978
9,905
39.072
.990
7,171
159,978
9,905
39.072
17,774
18,939
6,965
157.360
8.465
46,731
10,625
12,867
3,929
13,694
2,040
12,964
6,029
6,377
15,784
18,939
14.442
14,442
13,278
13.885
2.800
13,278
13,885
7,583
7,583
945
945
44.775
7,517
15,32?
31,247
386,907
4.828
4.828
225,699
84.901
310,600
3.2 Other trading activities
Unrestricted Restricted
Funds
2024
Fund5
2024
Endowment
Total
Total
2023
2024
2024
Hire of hall
Rent of diocesan office
Carpark income
Miscellaneous
22.532
7.417
1.675
1,064
32,688
22.532
7.417
1,675
1,474
33,098
21,338
8.208
1,845
1,433
32,824
410
410
Page 12

THE PARISH OF ENNISKILLEN
ST. MACARTIN'S CATHEDRAL ENNISKILLEN
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
3.3 Investments
Unrestricted Restricted
Funds
Funds
Endowment
Total
2024
Total
2024
2024
2024
2023
RCB distribution
Bank deposit interest
Rent Breandrum Court
6,941
11,446
6,000
24,387
6,941
11,446
6,000
24,387
6,398
992
5,700
13,090
3.4 Charitable activities
Unrestricted Restricted
Funds
Funds
2024
2024
Endowment
Total
Total
2024
2024
2023
Special service collections
16,183
16,183
16.183
16,183
10,457
10,457
Total Income
282,774
101,494
384,268
443,278
Page 13

THE PARISH OF ENP41SKtLLEN
ST. MACARTIN'S CATHEDRAL ENINISKILLEN
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
4. Analysis of Expenditure
Unrestricted Restricted
Funds
2024
Funds
2024
Endoivment
2024
Total
2024
Total
2023
Charitable Activities
Diocesan assessment
Parish curates and pastoral assistants
Wages and salaries
Cathedral building and grounds
Deanery and grounds
Hall and grounds
Other properties
Charitable donations
Mission outreach
Insurance
63,886
32,452
32,220
26,084
9,999
24,924
2,468
63,886
32,452
64,353
40,599
30,389
35,637
10.93?
34,774
6.028
2.177
25,190
14,995
26,084
9,999
24,924
2,468
13,672
13,672
15,776
9.519
15,776
9,519
2,19?
678
Printing and postage costs
Minibus expenses
Bank charges
Accounts independent examination
PAYE services
Gratuities and gifts
Dean's expenses
Licences
Bishop's appeal
Dean's sit out
Country and Western concert redistribution
Cathedral clock & bells
Organ & Clavinova
Graveyard wall
Garden of remembrance
Fabric fund
Choral sponsorship fvnd
Repayment of Special servi¢e5
Miscellaneous
2,150
744
678
3,120
432
4,359
873
3.120
432
3,620
168
4,738
1.055
1,193
4.000
9,215
7,517
8,960
4.359
873
333
333
5,000
5,000
23.563
2,447
23,563
2.447
12.100
1,863
7.803
1,863
7,803
2.487
5,150
9.261
3.373
351,688
13,819
500
13,819
2.669
300.151
2,169
231,484
68,667
Page 14

THE PARISH OTr. ENNISKILLEN
ST. MACARTIN'S CATHEDRAL ENNISKILLEN
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
5. Gain / (loss) on Investment Assets
2024
2023
Fair Value (losses) I gains on RCB investments
Fair Value gains on property investments
22,277
9,149
31.4?6
(11,028)
12,767
1,739
The fair value of the RCB investnients is taken from the RCB market value report as at 31 December ?0?4. The fair value
of the property investments is determined by the Trustees. based on the insured value of the properties as at 31 October
20?4.
6. Taxation
St. Macartin's Catherdral. Enniskillen is recoonised as a charity for the purposes of applicable taxation legislation and is
therefore not subject to tsxation on its charitable activites.
7. Analysis of staff costs
2024
2023
Wages and salaries
Employer pension contributions
Total
31,819
401
29,988
401
30.389
The average number of employees during the year was ? (2023: 2).
8. Tangible fixed assets
Buildings
Total
Deemed Cost
At 01 January ?024
Additions
Disposal
At 31 December 2024
2.566.895
2,566,895
?.566.895
2,566,895
Net book value at beginning of the year
Net book value at end of the year
2,566,895
2,566.895
2,566.895
2,566,895
Tangible fixed assets are recognised at their deemed cost.
Page 15

THE PARISH OF ENNISKILLEN
ST. MACARTIN'S CATHEDRAL ENNISKJLLEN
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
9. Investment Properties
2024
2023
At beginning of the year
Fair Value adjustment
At elld of the year
182,988
9,149
19? 137
170.2?1
12,767
182,988
The year-end valuation of the investment properties is based on insurance value at 31 October 20?4
10. Investments
2024
2023
At 01 January ?024
Fair Value adjustment
At i l December 2024
217.826
22.?77
240,103
228,854
(11,028)
217,826
I l. Debtors
2024
2023
Gift Aid
Accrued Income - bank interest
Rental Income
Taxe5 repayable
26.043
10.971
2,142
25,307
636
25.943
39,156
12. Creditors Amounts due within l year
2024
2023
Accruals and other creditors
6,276
6,088
Page 16

THE PARJSH OF ENNISKILLEN
ST. MACARTIN'S CATHEDRAL ENNISKILLEN
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
13. Financial instruments
The church has the following financial instruments-
2024
2023
Loans and receivables held at amortised cost
Cash and cash equivalents
Sundry debtors
Other receivables
565,464
39.156
494,372
25.307
636
520.315
604,620
Financial liabilities measured at amortised cost
Accruals and other creditors
6,088
6,088
6,?76
14. Analysis of Net Assets among Funds
Unrestricted Restricted
Funds
Funds
Total
Total
2023
2024
2024
2024
Fixed Assets
Investrnent Properties
Investments
Ctsi-i'eni Assets
Cash at bank and in hand
Debtors
Current Liabilities
Net assets at 31 December 2024
2,566,895
192.137
209.115
2,566.895
192,137
240,103
2,566.895
182.988
217.826
30,988
237.914
39.156
(6,276)
3.238,941
327,550
565.464
39,156
(6,276)
358,538 3,597,479
494,37?
25.943
(6.088)
3,481,936
Page 17

THE PARISH OF ENNISKILLEN
ST. MACARTIN'S CATHEDRAL ENNISKILLEN
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
15. Funds of the Parish
At 1.01.2024
Income
Expenditure Transfers At 31.12.2024
Restricted funds
General Parish fund
Special Collections
Parish magazine
Mission outreach fund
Choir litrhts
Dean's sitout
Cathedral paths and garden
Fabric fund
Grant funding
Cathedral bells fund
Choral scholarship fund
Flower fund
Cathedral organ & Clavinova fund
Roof repair fund
Garden of remembrance
Solar panels
Emergency relief
Knitwits
Cathedral Clock
Media System
3,663
17,002
4,685
1,522
13.153
1.903
18,939
(5,185)
(19,366)
(6.588)
14.25?
(2?3)
(10.789)
(13,67?)
19,519
223
12,949
300
14.442
(5,000)
22.391
(300)
66,055
(45,720)
12.373
(643)
(4,220)
(2,707)
(8.878)
{5,475)
212,243
44.775
6,362
7,057
4.725
2,849
8.878
13,278
945
4.828
2,800
(7,803)
283,773
(23.563)
9,?14
505
13.885
(2.447}
11.580
7.425
1.200
2.394
3,030
600
650
500
(1,863)
87
1,200
2.394
(3.030)
6,120
505
6,720
1,155
(500)
(68,667)
325,711
101,494
358,538
Unrestricted funds
3.156,225
314,200
{231.484)
3,238.941
Total funds
3,481,936
415.694
{300.151)
3,597,479
16. Collection for Third Parties
No collections were made on behalf of Third Parties.
17. Payments to Trustee5
Payments were made to one trustee during the year totalling £603 for repair work. This work was carried out on normal
commercial terms.
Page 18