CHARITY REGISTRATION NUMBER: NIC105469
Drumkeeran Parish Church
Unaudited Financial Statements
31 December 2024
GA THOMPS
N ACCOUNTANCY
Chartered accountants
24 Main Street
Kesh
Co Fennanagh
BT93 1TF

Drumkeeran Parish Church
Financial Statements
Year ended 31 December 2024
Page
Trustees, annual report
Independent examinerfs 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 2024
The trustees presenl their report and the unaudited financkal statements of the charity for the year
ended 31 December 2024.
Reference and administrative details
Registered charity name
Drumkeeran Parish Church
Charity registration number
NIC105469
Principal office
28 Montiaghroe
Tubrid
Kesh
Co Fennanagh
BT93 1 BE
The trustee$
Rev C Eames
Mrs E Aiken
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
Independent examiner
Gary Thompson
Structure. governance and management
Governlng Document and Constitution of the Charity
Chapter111 of the Constrtution of the Church of Ireland governs Parishes and Parochial Organisation.
The Select Vestry members are the Charity Trustees.
Recruitment and Appointment of Select Vestry
All members of the Church of Ireland 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 pansh, allowng them to attend and vote
at meetings of the general vestry and to stand for election to the select vestsy. 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 hotd their posrtions for a period of one year. Select Vestry members
may be re-elected annualty and there is no limit on the number of temis vthich may be served.

Drumkeeran Parish Church
Trustees. Annual Report (¢ontinuedJ
Year ended 31 December 2024
Structure. governance and management (¢onttnued)
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 serving in the parish, the churchwardens. the glebewardens 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 concem and importance
to the parish including decTrding on how parish funds are to be applied.
The select vestry meets at times fixed by the members or by the dioGesan synod. Special meetings
may be Convened at any time by the chairperson or churchwardens.
Objectives and activities
The charitable purpose of the Church of Ireland is the advancement of rel￿10n.
The principal function of Drumkeeran Parish is to support the advancement of the Christian religion by
promoting, through the work of Drumkeeran Parish the whole mission of the Church, pastoral,
evangelistic, social and ecumenical. Being open to and engaging wth society as a whole and offering
support for those needing help are fundamental to the praGtical delNery of the benefrts of Christianity.
As a result of activty in the pursuit of the advancement of the Christian religion. Drumkeeran Parish
has custody of property and of records, materials and artefacts of s￿nIfICance to the cultural and
religious heritage and maintenance of vthich is undertaken by the select vesty of Drumkeeran Parish.
While our nonnal actmties continued the year 2024 marked a milestone event in the lrfe of our parish
as we celebrated the 250th Anniversary of the church which was built as the resull of the legacy of
George Vaughan which also resulted in the building of the former Charter School behind the church
building as well as other notable buildings in the area.
We marked this occasion in two vRys. In May we had Olwen Gonnley who has spent the past number
of years unearthing the story of George Vaughan, his lrfe and his legacy deliver a talk to a large crowd
of people on the subject. This event was well received and the furthest attendee hailing from Ontario. It
is hoped to produce a booklet holding the infomiat]'on later this year.
In September had a special service which also marked this occasion as well as thanking God for
his provision to us in the harvest. This semce was well attended and many present enjoyed a delicious
lunch after the service. A special collection was taken and as a result we donated £250 to ten charities
to mark this special occasion.
Achievements and perfonnance
Drumkeeran continues to support the work of other charities and missionary WO￿ by ef(her making
donations or holding special collections during the year.
The Parish has given special consideration to the Charity Commission of Northem Ireland's guidance
on the public benefit to ensure that all activtties undertaken during the year have helped to aGhieve the
Parish's aims and objectives, as well as provlding public benef

Drumkeeran Parish Church
Trustees. Annual Report (conttnuad)
Year ended 31 December 2024
Financial ￿VIeW
The parish recorded a sutplus of £6,682 during the year ended 31 December 2024.
The trustees policy on reserves is to ensure that sufficient reserves are retained to meet all future
expenditure requirements as well as potential future capital projects.
The trustees. annual report was approved on 28 March 2025 and signed on behalf of the board of
trustees by.
OLLCZ
Rev C Eames
Trustee

Drumkeeran Parish Church
Independent Examinerfs Report to the Trustees of Drumkeeran Parish Church
Year ended 31 December 2024
I report on the financial statements for the year ended 31 December2024, which comprise the
statement of financial activities. statement of financial posttion. ststemerrt of cash flows and the related
notes.
Respective responsibililies of trustees and examiner
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the
Charities Act (Northern Ireland) 2008. It is my responsibilty to..
examine the accounts under section 65 of the Charities Act.,
to follow the procedures laid down in the general Directions gsven by the Charity Commission for
Northern Ireland under section 65(9)(b) of the Chartlies Act" and
to state whether particular matters have ccrtne to my attention.
Basis of independent examlnerfs report
I have examined your charrty accounts as required under section 65 of the Charities Act and my
examination was carried out in accordance wth the general Directions given by the Charity
Commission for Northern Ireland under section 65{9){b) of the Charities Act. The examination included
a review of the accounting records kept by the charty 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 the trustees conceming any such matters.
My role is to state whether any material matters have ccKne to my attention giving me cause to believe:
That accounting records were not kept in accordance with section 63 of the Chartiies Act
That the accounts do rot accord with those accounting records
That the accounts do not compty with the accounting requirements of the Charrties Act
That there is further information needed for a proper understanding of the accounts to be
reached.
Independent examinerfs statement
I have completed my examination and have no concerns in respect of the matters (1) to {4) listed
above and, in
onnection with following the Directions of the Charity Commission for Northern Ireland, I
have found
matters that require drawing to your attention.
pson
dent Examiner
dep
GA Thompson Accountancy
24 Main Street
Kesh
Co Femianagh
BT93 1TF

Drumkeeran Parish Church
statement of Financial Activities
Year ended 31 December 2024
2024
Restricted
funds Total funds
2023
Unrestricted
funds
Total funds
Note
Income and endowments
Donations and legacies
Investment income
other income
40.296
2,301
12,920
40,376
2,301
12,920
55.597
48.340
1.761
13,504
Totsl income
55.517
80
63.605
Expenditure
Expenditure on charitable activities
Totsl expenditure
48.835
48,835
80
48,915
52,690
52,690
80
48.915
Net income
6,682
6,682
10.915
Other recognised galns and losses
Other gainsl(losses) user defined 1
Net movement in funds
980
980
1,534
12,449
7,662
7,662
Re¢on¢iliation of funds
Total funds brought forward
Total funds Carried forward
429,870
437.532
429,870
437,532
417,421
429,870
The statement of financial activtties includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 8 to 15 form part of those flnan¢lal statements.

Drumkeeran Parish Church
Statement of Financial Position
31 December 2024
2024
2023
Note
Fixed assets
Tangible fixed assets
Investments
11
12
232.303
53,664
285,967
227,937
52,684
280,621
Current assets
Cash at bank and in hand
152,045
149,700
Credltors: amounts falling due wlthln one year
Net current assets
13
480
451
151,565
149.249
Total assets less current liabilities
437,532
429,870
Funds of the charity
Unrestricted funds
437,532
437,532
429,870
429,870
Total charty funds
14
These financial statements were approved by the board of trustees and authorised for issue on 28
March 2025. and are signed on behalf of the board by:
Rev C Eames
Trustee
Mrs E Aiken
Twstee
The notes on pages 8 to 15 forni part of these financial statements.

Drumkeeran Parish Church
Statement of Cash Flows
Year ended 31 December 2024
2024
2023
Cash flows from operating activities
Net income
6,682
10,915
Adjustments for
Depreciation of tangible fixed assets
Other interest receivable and similar income
1,826
{2,301)
734
{1,761)
Changes in."
Trade and other creditors
29
30
Cash generated from operations
6,236
9,918
Interest received
2.301
1.781
11,679
Net cash from operating activities
8.537
Cash flows from investing activities
Purchase of tangible assets
Net cash used in investing activiknes
(6,192)
(6,192}
(798)
(798)
Net increase in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year
2,345
149,700
10,881
138,819
149,700
152,045
The notes on pages 8 to 15 fom) part of these financial statomonts.

Drumkeeran Parish Church
Notes to the Financial Statements
Year ended 31 December 2024
General Infomiation
The charity is a public benefrt entty and a registered Charity in Northem Ireland and is
unincorporated. The address of the principal Offi￿ is 28 Montiaghroe Road, Tubrid. Kesh, Co
Femianagh, BT93 1BE.
Statement of compliance
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 charibes preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities
SORP (FRS 102)) and the Charities Act (Northem Ireland) 2008.
Accounting 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 incwie or expenditure.
The financial statements are prepared in sterling. which is the functional currency of the entity.
Going concern
There are no material Un￿rtaIntieS about the chantys abilty to continue.
Judgements and key sources of estimation uncertainty
The Trustees do not consider that there are any critical judgements or estimates made in
applying the Parish's accounting policies or that there are any crrtical accounting estimates or
assumptions which may have a significant risk os causing a material adjustment to the carrying
amounts of assets and liabilities wthin the next financial year.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charitys purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future projeGt or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or
through the terms of an appeal, and fall into one of SU￿laSSes.. restricted income funds or
endowment funds.

Drumkeeran Parish Church
Notes to the Financial Ststements (cononuedj
Year ended 31 December 2024
Accounting policies (¢t)nttnuedJ
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charty.. it is probab5e that the economic benefits associated with the transaction will
flow lo the charty and the amount can be reliably measured. The following specific policies are
applied to particular categories of income..
income from donations or grants is recognised vthen there is evidence of entitlement to the
gift, receipt is probable and tts amount can be measured reliably.
legacy income 5s 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 measure reliably, in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and 5ervi¢es are recognised in the aGGounts
when received rf the value can be reliably measured. No amounts are included for the
contribution of general volunteers.
income from contracts for the suppty of services is recognised with the de15very of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned rf unspent, in which case
it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liabilrty is incu￿ed. Expenditure includes any
VAT which cannot be fully recovered, and is classrfEd under headings of the statement of
financial activrties to which it relates:
expenditure on raising funds includes the costs of all fundraising activities, events, non-
charitable trading activtties, 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 beneficiaries, including those
support costs and costs relating to the govemance of the charity apportioned to charitable
activities.
other expendrture includes all expenditure that is neither related to raising funds for the
charity nor part of rts expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directty to that activty. Shared costs are apportioned
be￿een the activities they contribute to on a reasonable, justifiable and conS￿tent basis.

Drumkeeran Parish Church
Notes to the Financial Statements Iconlinue
Year ended 31 December 2024
Accounting policies (contlnuedj
Tangible assets
The Church Building and Graveyard are deemed to Herttage assets as defined by the Charities
SORP (FRS102). These Heritage assets are not included on the Statement of Financial Position
as information on the cost or valuation 15 not available and such infomiation Gannot be obtained
at a cost c(xnmensurate with the benefrt to the users of the accounts and to the Parish.
The Church Hall is considered to be attached to the Church and as such is not separable as an
individual asset. As such tt is deemed to be a Heritage asset and no value is ascribed to it in the
Statement of financial Position.
The Rectory and adjoining field have been recognised at market value due to the difficulties in
establishing actual cost. The market value has been determined by the trustees. No depreciation
has been attributed to the Rectory 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 Financial Position.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less tts residual
value, over the useful economic lrfe of that asset as folbws..
Equipment
20% reducing balan
Investments
Unlisted equty investments are inibally recorded at cost, and subsequently measured at fair
value. If fair value cannot be reliably measured, assets are measured at cost less impairment.
Listed investments are measured at fair value with changes in fair value being recognised in
income or expenditure.
Impaimient of r￿ed assets
A review for indicators of impaiment is carried out at each reporting dale, with the recoverable
amount being estimated v4here such indicators exist. Where the carrying value exceeds the
recoverable amount, the asset is impaired a¢¢ordingty. Prior impaimients are also reviewed for
possible reversal at each reF>Orting date.
For the purposes of impaimient testing. when li 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 ¢ash-generating unit is the smallest identifiable
group of assets that includes the asset and generates cash inflows that largely independent of the
cash irffloy￿ from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is. from the
acquisition date. allocated to each of the caslFgenerating units that are expected to benefit from
the synergies of the combination. irrespective of whether other assets or liabilities of the charty
are assigned to those units.
10

Drumkeeran Parish Church
Notes to the Financial Statements {eontlnu
Year ended 31 December 2024
Donations and legacies
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Donations
Freewll envelopes
Tax refund grft aid
Donations for charities
Church collections
Harvest Gift Day
Sunday school collection
Other donations
Dernasesk collections
26,678
6.005
26,678
6,005
80
379
2,380
132
1,780
762
80
379
2.380
132
1.780
762
Subscriptlons
Annual subscriptions
2.180
2,180
40,376
40,2
80
un￿StrICted
Funds
Restricted Total Funds
Funds
2023
Donations
Freewill envelopes
Tax refund gift aid
Donations for charities
Church collections
Harvest Gtft Day
Sunday sch¢)ol collection
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
Subscriptions
Annual subscriptions
4,457
4,457
48,340
47.133
1,207
Investment inGorne
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Bank interest
Interest R.C.B bequests
1,028
1,273
2.301
1,028
1,273
2,301
587
1.174
587
1,174
1.761
1.761
11

Drumkeeran Parish Church
Notes to the Financial Statements (eontinu8dJ
Year ended 31 December 2024
Other income
Unrestricted Totsl Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Church magazines
Graveyard fees
Women Together
Rectory rent
other sundry income
220
445
2.208
7.200
2.847
220
445
2,208
7,200
2.847
220
1.915
2.050
7,800
1.519
220
1,915
2,050
7,800
1,519
12.920
12,920
13.504
13.504
Expenditure on charitable actfvltles by fund type
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Tubrid
Dernasesk
48,314
521
80
48,394
521
48.835
80
48,915
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Tubrid
Dernasesk
50,531
952
1.207
51,738
952
51,483
1,207
52,690
Expenditure on charltable actlvFties by activity type
Actrrf51ies
undertaken Totsl funds
directly
2024
Totsl fund
2023
Tubrid
Demasesk
48,394
521
48,394
521
51,738
952
48.915
48,915
52.690
Net Income
Net income is ststed after chargingl(crediting):
2024
2023
Depreciation of tangible fixed assets
1,826
734
12

Drumkeeran Parish Church
Notes to the Financial Ststements (conttnued)
Year ended 31 December 2024
10. Independent examination fees
2024
2023
Fees payable to the independent examiner for=
Independent examination of the financial statements
480
480
11. Tangible fixed assets
Freehold
property Equipment
Total
Cost
At 1 January 2024
Additions
225,000
5.248
6,192
230,248
6,192
236,440
At 31 December 2024
225,000
11,440
Dep￿CiatIon
At 1 January 2024
Charge for the year
At 31 December 2024
2.311
1.826
2.311
1,826
4.137
4,137
Carrying amount
At 31 December 2024
225.000
7,303
232,303
At 31 December 2023
225,000
2,937
227.937
12. Investments
Other
investments
Cost or valuation
At 1 January 2024
Additions
Fair value movements
52.684
980
At 31 December 2024
53,664
Impairment
At 1 January 2024 and 31 December 2024
Carrying amount
At 31 December 2024
53,664
52,684
At 31 December 2023
All investments shown above are held at valuation.
13

Drumkeeran Parish Church
Notes to the Financial Ststements (¢onttnuedJ
Year ended 31 December 2024
13. Creditors." amounts falling due withln one year
2024
2023
Trade creditors
480
451
14. Analysis of charitable funds
Unrestricted funds
At
Gains and 31 December
losses
2024
1 January 202
Income Expendtture
General funds
429,870
55.517
{48,835)
980
437,532
At
1 January 202
At
Gains and 31 December
losses
2023
In¢ome Expenditure
General funds
417,421
62.398
(51,483)
1.534
429,870
Restricted funds
At
1 January 202
At
Gains and 31 December
losses
2024
Income Expenditure
Charty Fund
80
(80)
At
1 January 202
At
Gains and 31 December
losses
2023
Income Expenditure
Charity Fund
1.207
{1,207)
The Charity Fund is used for donations made Specif￿lty for a particular Charity.
14

Drumkeeran Parish Church
Notes to the Financial Statements (eontlnu
Year ended 31 December 2024
15. Anatysis of net assets between funds
Unrestricted Total Funds
Funds
2024
Tangible fixed assets
Investments
Current assets
Creditors less than 1 year
Net assets
232,303
53,664
152,045
(480)
437,532
232,303
53,664
152,045
(480)
437,532
UnrestriGted Total Funds
Funds
2023
Tangible fixed assets
Investments
Current assets
Creditors les5 than 1 year
Net assets
227,937
52,684
149,700
(451)
429,870
227,937
52,684
149,700
(451)
429,870
16. Analysls of changes In net debt
At
At 1 Jan 2024 Cash flows 31 Dec 2024
Cash at bank and in hand
149.700
2.345
152.045
17. Related parties
There were no transactions with trUSt￿S during the year that require disclosure.
15