CHARITY REGISTRATION NUMBER: NIC105469
Drumkeeran Parish Church
Unaudited Financial Statements
31 December 2023
THOMP
ONA
cou
Chartered accountants
24 Main Street
Kesh
Co Fermanagh
BT93 1TF
ANCY

Drumkeeran Parish Church
Financial Ststements
Year ended 31 December 2023
Page
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

Drumkeeran Parish Church
Trustees, Annual Report
Year ended 31 December 2023
The trustees present their report and the unaudited financial statemen15 of the charity for the year
ended 31 December 2023.
Reference and administrative detalls
Registered charity name
Drumkeeran Parish Church
Charity registratlon number
NIC105469
Principal office
28 Montiaghroe
Tubrid
Kesh
Co Femianagh
BT93 1BE
The trustees
Rev C Eames
Mrs E Aiken
Mr G Barton
Mr J Morton
Mr W Anderson
Mr B Seaney
Mr D Knox
Mrs l Boyd
Mr G Knox
Mrs C Mawhinney
Mr P Stevenson
Mr T Stevenson
Mr W Stevenson
Mrs L Thompson
Mr R Thompson
Mr J Vance
Mrs S Moore
Mr J Vance
(Resigned 18 April 2023)
Independent examiner
Gary Thompson
Structure, govemance and management
Governlng Document and Constitution of the Charity
Chapter111 of the Constitution of the Church of Ireland govems Parishes and Parochial Org£nisation.
The Select Vestry member5 are the Charty Trustees.

Drumkeeran Parish Church
Tru5tees' Annual Report (conllnued)
Year ended 31 December 2023
Structure. governance and management (contlnued)
Recruitment and Appointment of Select Vestry
All members of the Church of Ireland who are over the age of 18 and are either resident within the
parish or live elsewhere but have been accustomed members of the congregation for the last 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. 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. se￿ Vestry members
may be re-elected annually 2nd there is no limit on the number of temis which may be served.
Organisational Structure
The select vestry is responsible for the day to day management of the parish. The select vestry
consists of the member of the clergy setving in the parish, the churchwardens, the glebewardens and
generally not more than ￿e1ve other members of the general vestry elected at Ihe General Vesty
The select vestry is chaired by the incumbent or other member of the clergy officiating in the parish
Select vestry mernbers are responsible for making decisions on matters of general concern and
importance to the parish includlng deciding on how parish funds are to be applied.
The select vestry meets at times r￿ed by the members or by the diocesan synod. Special meetings
may be convened at any time by the chairperson or churchwarden5.
Objectlv8s and activities
The charitable purpose of the Church of Ireland is the advancement of religion.
The princip81 function of Drumk88ran Parish Is to 8UPPOrt the advancement of the Christlan religion by
promoting, through the work of Drumkeeran Parish the whole mission of the Church, pastoral,
evangelistlG, social and ecumenical. Being open to and engaging with society as a whole and offering
support for those needing help are fundamental lo the practical delivery of the benefits of Christianty.
As a result of activity in the pursuit of the advancement of the Christian religion, Drumkeeran Parish
has custody of property and of records, materials and artefacts of significance to the cultural and
religious heritage and maintenance of which is undertaken by the select vestry of Drumkeeran Parish.
Achievements and performance
Drumkeeran continues lo support the work of other charilies and missionary work by either making
donations or holding special collections during the year.
The Parish has given special consideration to the Charity Commission of Northern Ireland's guidance
on the public benefrt to ensure that all activities undertaken during the year have helped to achieve the
Parish's aims and objectives, as well as providing public benefit.
Flnancial rèview
The parish recorded a sU￿lUS of £10,915 during the year ended 31 December 2023.
The trustees pollcy on reserves hs to ensure that sufficient reseNes are retained to meet all future
expendtture requirement5 as well as potential future capital projects.

Drumkeeran Parish Church
Trustees. Annual Report (¢ontlntsed)
Year ended 31 December 2023
The trustees, annual reFX)rt was approved on 9 May 2024 and signed on behalf of the board of
trustees by..
Rev C Eames
Trustee

Drumkeeran Parish Church
Independent Examiner's Report to the Trustees of Drumkeeran Parish Church
Year ended 310ecember 2023
I report on Ihe financial statements for the year ended 31 December 2023, which comprise the
statement of financial activities, statement of financisl posltion. statement of cash flows and the related
notes.
RespeGtive responsibilities of trustees and examiner
As the charity's trustees you are responsible for the p￿paratIOn of the accounts in a¢cordanGe with the
Charitles Act (Northern Ireland) 2008. It is my responslbility to..
examine the accounts under section 65 of the Chartties Act.,
to follow the procedures laid down in the general Directlons given by the Charlty Commission for
Northern Ireland under sèction 65(9)(bl of the Charities Act, and
to state whether particular matters have come to my attenlion.
Basis of independent examlnerfs report
I have examined your chartty accounts as required under section 65 of the Charities Act and my
examination was carried out in accordance with the general Direction5 given by the Charity
Commission for Northem Ireland undèr section 65(9)(b} of the Charities Act. The examination included
a review of the accountin9 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 accounis,
and seeking explanatlons from the trustees concerning any such matters.
My role is to state whether any material matters have come to my attention giving me cause to
believe..
That accountlng records were not kept in accordance with section 63 of the Charities Act
That the 8Gcounts do not accord with those accounting records
That the accounts do not comply with the accounting requirements of the Charities Act
Thal there is further infonnation needed for a proper understandlng of the accounts to be
reached.
Independent examIne￿S statement
I have co
above a
Ihavef
pleted my examination and have no concems in respect of the matters (1) 10 {4) listed
in connection with following the Directions of the Charity Commission for Northern Ireland,
nd no matters thal require drawing to your attention.
mpson
dent Examiner
GA Thompson Accountancy
24 Main Street
Kesh
Co Fermanagh
BT93 1TF

Drumkeeran Parish Church
Statement of Flnancsal Activities
Year ended 31 December 2023
2023
Restricted
funds Total funds
2022
Unrestrided
funds
Total funds
Income and endowments
Donations and legacie5
Investment income
Other income
47,133
1,761
13.504
1,207
48,340
1,761
13,504
46,089
1,348
10,178
Totsl income
62,398
1,207
63,605
57.615
Expendlture
Expenditure on charitable acbvities
Total expenditure
51,483
1,207
1,207
52,690
40,192
40,192
51.483
52,690
Net income
10,915
10,915
17,423
Other recognlsed gains and lossas
Other gainsl(losses) user defined 1
Net movement in funds
1,534
12,449
1,534
2,578
20,001
12,449
Reconcillation of funds
Total funds brought forward
Total funds carried forward
417,421
417,421
429.870
397,420
417,422
429.870
The statement of financial actiwties includes all gains and losses recognised in the year.
All income and expenditure dertve from continuing activities.
The notes on pages 8 to 15 forrn part of these financlal statoments.

Drumkeeran Parish Church
Statsment of Financial Position
31 December 2023
2023
2022
Note
Fixed assets
Tangible fixed assets
Investments
11
12
227,937
52,684
280,621
227,873
51,150
279,023
Current assets
Cash at bank and in hand
149.700
138.819
Credltors: amounts falllng due within one year
Net current assets
13
451
421
149,249
429,870
138,398
Total assets Iv&s current liabilitles
417,421
Funds of the charity
Unrestricted ftjnds
429,870
417,422
Total charity fvnds
14
429,870
417,422
These financial statements were approved by the board of trustees and authorised for issue on 9 May
2024, and are signed on behalf of the board by..
Rev C Eames
Trustee
Mrs E Aiken
Trust88
The notes on pagag 8 to 15 fomi part of thesè financlal statements.

Drumkeeran Parish Church
Statement of Cash Flows
Year ended 31 December 2023
2023
2022
Cash flows from operating activltles
Net income
10,915
17,423
Adjustments for."
Depreciation of tangible fixed assets
Other interesl receivable and similar income
734
(1,761)
719
(1,3481
Changes in.-
Trade and other creditors
30
Cash generated from operations
9,918
16.795
Interest received
1,761
11,679
1,348
18,143
Net cash from operating activitles
Cash flows from investing activitles
Purchase of tangible assets
Net cash used in investing activities
{798)
(798)
(3,175)
(3,175)
Net increase In cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year
10,881
138,819
149,700
14,968
123,851
138,819
Tho notss on page¥ 8 to 15 form part of these fmanclal 8tstsments.

Drumkeeran Parish Church
Notes to the Flnancial Statements
Year ended 31 December 2023
General Infonnation
The charity is a public benefit entity and a registered charity in Northem Ireland and is
unincorporated. The address of the principal office is 28 Montiaghroe Road, Tubrid, Kesh, Co
Fermanagh. 8T93 1 BE.
I Statement of compllance
These financial statements have been prepared in compliance with FRS 102, The Financial
Reporting Standard applicable In the UK and the Republic of Ireland,. the 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 (Charities
SORP (FRS 102)} and the Charities Act (Northern Ireland) 2008.
Accountlng policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
i•
The financial statements are prepared in sterling, which is the functional currency of the entity.
Golng concorn
There are no material uncertainties at)out the charty's abilty to continue.
Judgements and key sources of estlmation uncertalnty
The Trustees do not consider Ihat there are any critical judgements or estimates made in
applying the Parish's accounting policies or that there are any critical accounting estimates or
assumptions whlch may have a significant risk os Causing a material adjustment to the carrying
amounts of assets and liabilities within the next financial year.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustee8 to fvrther any of the
charity'5 purp03e3.
Designated funds are unrestricted funds eamiarked by the trustees for particular future project or
commitment.
Restricted funds are sublected to restrictions on their expenditure declared by the donor or
through the temis of an appeal, and fall into one of two sub-cias5es'. restricted income funds or
endowment funds.

Drumkeeran Parish Church
Notes to the Financial Statements (continued)
Year ended 31 December 2023
Accounting pollcies (conlinued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity- it is probable that the economic benefits associated with the transaction
will flow to the charity and the amount Can be reliably measured. The following specific policies
are applied to partlcular categories of income:
income from donations or grants is recognised when there 15 evidence of entitlement to the
gift. receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measur8 reliably, in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and services are recognised in the
accounts when received if the value can be reliably measured. No amourrts are included for
the contribution of general volunteers.
inGome from contracts for Ihe suppty of serviGe5 is recognised with the delivery of the
contracted seNice. This is Glassified as unrestricled funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent, in which case
it may be regarded as restrided.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activities to which it relates..
expendtture on raising funds includes the costs of all fundraising activities, events,
non-charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficlaries, Including those
support Gosts and costs relating to the govern4nce of the Gharity apportioned to charilable
activities.
other expenditure Includes all expendllurè that is neither related to raising funds ft)r the
charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single aclivty are allocated directly to that activity. Shared cost5 are apportioned
between the activitie5 they contribute to on a reasonable, justifiable and consistent basi5.

Drumkeeran Parish Church
Notes to the Financial Statements (¢ondnuedJ
Year ended 31 December 2023
Accountlng policies (Continued)
Tangible assets
The Church Building and Graveyard are deemed to Hentage assets as defined by the Charities
SORP (FRS102). These Heritage assets are not included on the Statement of Financial Position
as infomiation on the cost or valuation is nol available and such Information cannot be obtained
at a cost commensurale with the benefit to the users of the accounts and to the Parish.
The Church Hall is consldered to be attached to the Church and as such is not separable as an
individual asset. As such it is deemed to be a Heritage asset and no value is ascribed to it In the
Statement of financial Posrtion.
The Rectory and adjoining field have been recognised at market value due to the d'rfficultie5 in
éstablishing actual cost. The market value has be8n determined by thè trustees No depreciation
has been attributed to the ReGtory as the remaining useful lrfe currently exceeds 50 years.
The Building at Dernasesk is also deemed to be a Heritage asset as defined by the Charities
SORP (FRS102)and as such is not included on the Statement of FInar￿la1 Position.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual
value, over the useful economic life of that asset as follows..
Equipment
20°/o reducing balanc
Investments
Unlisted equty investments are initially recorded at cost, and subsequentty measured at fair
value. If fair value cannot be reliably measured, asset8 are measured at cost less impaimient.
Listed investments are measured at fair value with Changes in fair value being recognised in
income or expenditure.
Impalmient of flxed assets
A review for indicators of impainnent is carried out at each reportin9 date, With the reGoverable
amount being estimated where such indicators exist. Where the carying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purpose8 of impairment testing, when it is not Possible to estimate the recoverable
amount of an individual asset, an estimate is made of the recoverable amount of the
cash-generating unit to which the asset belongs. The CaSh￿enerating unit is the smallest
identifiable group of assets that includes the asset and gènerates cash inflows that largely
independent of the cash inflows from other assets or groups of assets.
For impaimient testing of g[￿lW111, the goodwill acquired in a business combination is. from the
acquisition date, allocated to each of the cash-generating units that are expected to benefii from
the synergies of the combination, irrespective of whether olher 8ssets or liabllities of the charity
are assigned to those units.
10

Drumkeeran Parish Church
Notes to the Financlal Statements (continued)
Year ended 31 December 2023
Donatlons and legacles
Unrestricted
Funds
Restiicted Totsl Funds
Funds
2023
Donations
Freewill envelopes
Tax refund gift aid
Donations for charities
Church collections
Hawest Gift Day
Sundy school Gollection
Other donations
Demasesk collections
27,896
7,047
27,896
7,047
1,207
438
2,350
227
3,904
814
1,207
438
2,350
227
3,904
814
Sub5criptlons
Annual subscriptions
4,457
4,457
47,133
1,207
48,340
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Donations
Freewill envelopes
Tax refund gift aid
Donations for charities
Church collections
Hatvest Gift Day
Sundy school collection
Other donations
Demasesk collections
28.039
6,761
28,039
6,761
120
450
2,625
343
2,251
1,052
120
450
2,625
343
2,251
1,052
Subscrlptions
Annual subscriptions
4,448
4,448
45,969
120
46,089
Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Bank interest
Interest R. C.B bequests
587
1,174
1,761
587
1,174
224
1,124
1,348
224
1.124
1,761
1,348
11

Drumkeeran Parish Church
Notes to the Financial Ststements (contlnuedj
Year ended 31 December 2023
Other income
Unrestricted Totsl Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Church magazines
Graveyard fees
Women Together
Rectory rent
Other sundry income
220
1,915
2.050
7,800
1,519
13,504
220
1,915
2,050
7,800
1,519
13,504
180
1,760
1,425
6.600
213
180
1,760
1.425
6.600
213
10,178
10,178
Expenditure on ¢harltable activities by fund type
Unrestricted
Funds
Restricted Totsl Funds
Funds
2023
Tubrid
Dernasesk
50,531
952
1,207
51,738
952
51,483
1,207
52,690
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Tubrid
Dernasesk
40,010
61
120
40,130
62
40,071
120
40,192
Expenditure on charitable a¢tlvltles by aGtfvity type
Activities
undertaken Total funds
directly
2023
Total fund
2022
Tubrid
Demase8k
51,738
952
51,738
952
40,130
62
52,690
52,690
40,192
Net income
Net inGome is staled after chargingllcrediting)..
2023
2022
Depreciation of tangible fixed assets
734
719
12

Drumkeeran Parish Church
Notes to the Financlal Statements {contlnuedJ
Year ended 31 December 2023
10. Independent examinatlon fees
2023
2022
Fees payable to the independent examiner for.
Independent examination of the financial ststements
480
420
11. Tangible flxed assets
Freehold
propety Equipment
Total
Cost
At 1 January 2023
Additions
225,OCrtJ
4,450
798
229,450
798
At 31 December 2023
225,000
5,248
230,248
Depreciation
At 1 January 2023
Charge for the year
At 31 December 2023
1.577
734
1,577
734
2,311
2,311
Carrylng amount
At 31 December 2023
225,000
2,937
2.873
227,937
227,873
At 31 De￿mber 2022
225,000
12. Inv8Stments
Other
investments
Cost or valuation
At 1 January 2023
Additions
Fair value movements
51,150
1,534
At 31 December 2023
52,684
Impairment
At 1 January 2023 and 31 December 2023
Carrying amount
At 31 December 2023
52,684
At 31 December 2022
51,150
All investments shown above are held at valuation.
13

Drumkeeran Parish Church
Notes to the FlnanGlal Statements (eonllnu8dJ
Year ended 31 December 2023
13. Credltors: amounts falllng due within one year
2023
2022
Trade creditors
451
421
14. Anatysis of charitable funds
Unrestricted funds
At
1 January 20
23
At
Gains and 31 December
osses
2023
Income Expenditure
General funds
417,421
62,398
(51,483)
1,534
429,870
At
1 January 20
22
At
Gains and 31 December
losses
2022
Income Expenditura
General funds
397,420
57,495
(40,071)
2,578
417,422
Restricted funds
At
1 January 20
23
At
Gains and 31 December
losses
2023
Income Expenditure
Charity Fund
1,207
(1,207)
At
1 January 20
At
Gains and 31 December
losses
2022
Income Expenditure
Charity Fund
120
(120)
The Charity Fund is used for donations made specifically for a particular Charity.
14

Drumkeeran Parish Church
Notes to the Financlal Statements {contlnu•d)
Year ended 31 Decèmber 2023
15. Analysis of net assets between funds
Unrestricted Total Funds
Funds
2023
Tangible fixed assets
Investments
Currenl assets
Creditors less than 1 year
Net assets
227,937
52,684
149,700
{451)
429,870
227,937
52.684
149,7(YJ
(4511
429,870
Unrestricted Total Funds
Funds
2022
Tangible fixed assets
Investments
Current assets
Creditors less than 1 year
Net assets
227,873
51,150
138,817
(419)
417,421
227,873
51,150
138,817
{419)
417,421
16. Analysis of changes in net debt
At
At 1 Jan 2023 Cash flows 31 Dec 2023
Cash at bank and in hand
138,819
10,881
149,700
17. Related partles
Thère were no transactions with trustees during the year that require disclosure,
15