CHARITY REGISTRATION NUMBER: NIC105469
Drumkeeran Parish Church Unaudited Financial Statements 31 December 2025
GA THOMPSON ACCOUNTANCY Chartered accountants
24 Main Street Kesh Co Fermanagh BT93 1TF
Drumkeeran Parish Church
Financial Statements
Year ended 31 December 2025
| Page | |
|---|---|
| Trustees’ annual report | 1 |
| Independent examiner's report to the trustees | 3 |
| Statement of financial activities | 4 |
| Statement of financial position | 5 |
| Statement of cash flows | 6 |
| Notestothefinancialstatements | 7 |
Drumkeeran Parish Church
Trustees’ Annual Report
Year ended 31 December 2025
The trustees present their report and the unaudited financial statements of the charity for the year ended 31 December 2025.
Reference and administrative details
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|||||||
|---|---|---|---|---|---|
|Registered|charity|name|Drumkeeran|Parish|Church|
|Charity|registration|number|NIC 105469|
|Principal|office|28|Montiaghroe|
|Tubrid|
|Kesh|
|Co|Fermanagh|
|BT93|1BE|
|The|trustees|
|Rev|C|Eames|
|Mrs|E|Aiken|
|Mr|J|Morton|
|Mr W|Anderson|
|Mr|B|Seaney|
|Mr|D|Knox|
|Mrs|||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|
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Structure, governance and management
Governing Document and Constitution of the Charity Chapter III of the Constitution 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 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. Select Vestry members may be re-elected annually and there is no limit on the number of terms which may be served.
1
Drumkeeran Parish Church Trustees’ Annual Report (continuea) ee Year ended 31CenaDecember 2025in nS
Structure, governance and management (continued)
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 concern and importance to the parish including deciding on how parish funds are to be applied.
The select vestry meets at times fixed by the members or by the diocesan 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 religion.
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 with society as a whole and offering support for those needing help are 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, 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 to support the work of other charities 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 benefit 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.
Financial review
The parish recorded a surplus of £7,139 during the year ended 31 December 2025.
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 14 April 2026 and signed on behalf of the board of trustees by:
(AbCu— Rev C Eames Trustee
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Drumkeeran Parish Church
Independent Examiner's Report to the Trustees of Dr'umkeeran Parish Church
ee ce aga Yearce ended 31mrDecemberi cc2025 | report on the financial statements for the year ended 31 December 2025, which comprise the statement of financial activities, statement of financial position, statement of cash flows and the related notes.
Respective responsibilities 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 responsibility to:
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e examine the accounts under section 65 of the Charities Act;
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e to follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act; and
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° to state whether particular matters have come to my attention.
Basis of independent examiner's report
| have examined your charity accounts as required under section 65 of the Charities Act and my 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. The 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 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 accounting records were not kept in accordance with section 63 of the Charities Act
-
That the accounts do not accord with those accounting records
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That the accounts do not comply with the accounting requirements of the Charities Act
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That there is further information needed for a proper understanding of the accounts to be reached.
Independent examiner's statement
| have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in gonnection with following the Directions of the Charity Commission for Northern Ireland, | have found n6é matters that require drawing to your attention.
Gnompson Independent Examiner
GA Thompson Accountancy
24 Main Street Kesh Co Fermanagh BT93 1TF
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Drumkeeran Parish Church
Statement of Financial Activities
Year ended 31 December 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Totalfunds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 4 | 43,283 | 50 | 43,333 | 40,376 |
| Investment income | 5 | 2,410 | - | 2,410 | 2,301 |
| Other income | 6 | 10,770 | - | 10,770 | 12,920 |
| Total income | 56,463 | 50 | 56,513 | 55,597 | |
| Expenditure | |||||
| Expenditure on charitable activities | 7,8 | 49,324 | 50 | 49,374 | 48,915 |
| Total expenditure | 49,324 | 50 | 49,374 | 48,915 | |
| Netincome | 7,139 | “Ss | 7,139 | 6,682 | |
| Other recognised gains and losses | |||||
| Other gains/(losses) user defined 1 | 4,792 | - | 4,792 | 980 | |
| Net movement in funds | 11,931 | - | 11,931 | 7,662 | |
| Reconciliation of funds | |||||
| Total funds brought forward | 437,532 | - | 437,532 | 429,870 | |
| Totalfundscarriedforward | 449,463 | - | 449,463 | 437,532 |
The statement of financial activities includes all gains and losses recognised in the year. All income and. expenditure derive from continuing activities.
The notes on pages 7 to 14 form part of these financial statements.
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Drumkeeran Parish Church
Statement of Financial Position
31 December 2025
a
| 2025 | 2024 | ||
|---|---|---|---|
| Note | £ | £ | |
| Fixed assets | |||
| Tangible fixed assets Investments |
11 12 |
230,998 58,456 |
232,303 53,664 |
| 289,454 | 285,967 | ||
| Current assets | |||
| Cash at bank and in hand | 160,520 | 152,045 | |
| Creditors: amounts falling due within oneyear | 13 | 511 | 480 |
| Net current assets | 160,009 | 151,565 | |
| Total assets less current liabilities | 449,463 | 437,532 | |
| Funds ofthe charity | |||
| Unrestricted funds | 449 463 | 437 532 | |
| Totalcharityfunds | 14 | 449,463 | 437532 |
These financial statements were approved by the board of trustees and authorised for issue on 14 April 2026, and are er on behalf of the board by:
Rev C Eames Trustee
Mrs E Aiken Trustee
The notes on pages 7 to 14 form part of these financial statements.
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Drumkeeran Parish Church
Statement of Cash Flows
Year ended 31 December 2025
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||||||||||
|---|---|---|---|---|---|---|---|---|
|2025|2024|
|£|£|
|Cash|flows|from|operating|activities|
|Net|income|7,139|6,682|
|Adjustments|for:|
|Depreciation|of|tangible|fixed|assets|1,499|1,826|
|Other|interest|receivable|and|similar|income|(2,410)|(2,301)|
|Changes|in:|
|Trade|and|other|creditors|31|29|
|Cash|generated|from|operations|6,259|6,236|
|Interest|received|2,410|2,301|
|Net|cash|from|operating|activities|8,669|8,537|
|Cash|flows|from|investing|activities|
|Purchase|of|tangible|assets|(194)|(6,192)|
|Net|cash|used|in|investing|activities|(194)|(6,192)|
|Net|increase|in|cash|and|cash|equivalents|8,475|2,345|
|Cash|and|cash|equivalents|at|beginning|of year|152,045|149,700|
|Cash|and|cash|equivalents|at|end|of year|160,520|152,045|
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The notes on pages 7 to 14 form part of these financial statements.
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Drumkeeran Parish Church
Notes to the Financial Statements
Year ended 31 December 2025
- General information
The charity is a public benefit entity and a registered charity in Northern Ireland and is unincorporated. The address of the principal office is 28 Montiaghroe Road, Tubrid, Kesh, Co Fermanagh, 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 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)) and the Charities Act (Northern 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 income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability 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 critical accounting estimates or assumptions which may havea 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 trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project 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 two sub-classes: restricted income funds or endowment funds.
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Drumkeeran Parish Church
Notes to the Financial Statements (continue)
Year ended 31 December 2025
3. Accounting policies (continued)
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 particular categories of income:
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e income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
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e legacy income is recognised when receipt is probable and entitlement is established.
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e 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 services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
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e income from contracts for the supply of services is recognised with the delivery 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 if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis asa 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: e expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
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e 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 governance of the charity apportioned to charitable activities.
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e other expenditure includes all expenditure that is neither related to raising funds for 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 activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
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Drumkeeran Parish Church
Notes to the Financial Statements (continuea)
Year ended 31 December 2025
3. Accounting policies (continued)
Tangible assets
The Church Building and Graveyard are deemed to Heritage 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 is not available and such information cannot be obtained at a cost commensurate with the benefit 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 it 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 life 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 its residual value, over the useful economic life of that asset as follows:
Equipment
- 20% reducing balance
Investments
Unlisted equity investments are initially 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.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes 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 cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows 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 cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
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Drumkeeran Parish Church
Notes to the Financial Statements (continuea)
Year ended 31 December 2025
4. Donations and legacies
| Unrestricted | Restricted | Total Funds | |||
|---|---|---|---|---|---|
| Funds | Funds | 2025 | |||
| £ | £ | £ | |||
| Donations | |||||
| Freewill envelopes | 25,911 | - | 25,911 | ||
| Tax refund gift aid | 6,550 | - | 6,550 | ||
| Donations for charities | 175 | 50 | 225 | ||
| Church collections | 515 | - | 515 | ||
| Harvest Gift Day | 2,370 | - | 2,370 | ||
| Sunday school collection | 125 | - | 125 | ||
| Other donations | 3,005 | - | 3,005 | ||
| Dernasesk collections | 1,072 | - | 1,072 | ||
| Subscriptions | |||||
| Annual subscriptions | 3,560 | - | 3,560 | ||
| 43,283 | 50 | 43,333 | |||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2024 | |||
| £ | £ | £ | |||
| Donations | |||||
| Freewill envelopes | 26,678 | - | 26,678 | ||
| Tax refund gift aid | 6,005 | - | 6,005 | ||
| Donations for charities | - | 80 | 80 | ||
| Church collections | 379 | - | 379 | ||
| Harvest Gift Day | 2,380 | - | 2,380 | ||
| Sunday school collection | 132 | - | 132 | ||
| Other donations | 1,780 | - | 1,780 | ||
| Dernasesk collections | 762 | - | 762 | ||
| Subscriptions | |||||
| Annual subscriptions | 2,180 | - | 2,180 | ||
| 40,296 | 80 | 40,376 | |||
| 5. | Investment income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2025 | Funds | 2024 | ||
| £ | £ | £ | £ | ||
| Bank interest | 1,067 | 1,067 | 1,028 | 1,028 | |
| Interest R.C.B bequests | 1,343 | 1,343 | 1,273 | 1,273 | |
| 2,410 | 2,410 | 2,301 | 2,301 |
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Drumkeeran Parish Church
Notes to the Financial Statements (continuea)
Year ended 31 December 2025
6. Other income
| Unrestricted | Total Funds | Unrestricted | Total | Funds | |
|---|---|---|---|---|---|
| Funds | 2025 | Funds | 2024 | ||
| £ | £ | £ | £ | ||
| Church magazines | 200 | 200 | 220 | 220 | |
| Graveyard fees | 280 | 280 | 445 | 445 | |
| Women Together | 2,917 | 2,917 | 2,208 | 2,208 | |
| Rectory rent | 7,200 | 7,200 | 7,200 | 7,200 | |
| Other sundry income | 173 | 173 | 2,847 | 2,847 | |
| 10,770 | 10,770 | 12,920 | 12,920 |
7. Expenditure on charitable activities by fund type
| Unrestricted | Restricted | Total | Funds | |
|---|---|---|---|---|
| Funds | Funds | 2025 | ||
| £ | £ | £ | ||
| Tubrid | 47,321 | 50 | 47,371 | |
| Dernasesk | 2,003 | - | 2,003 | |
| 49,324 | 50 | 49,374 | ||
| Unrestricted | Restricted | Total | Funds | |
| Funds | Funds | 2024 | ||
| £ | £ | £ | ||
| Tubrid | 48,314 | 80 | 48,394 | |
| Dernasesk | 521 | - | 521 | |
| 48,835 | 80 | 48,915 |
8. Expenditure on charitable activities by activity type
| Activities | ||||
|---|---|---|---|---|
| undertaken | Total funds | Total fund | ||
| directly | 2025 | 2024 | ||
| £ | £ | £ | ||
| Tubrid | 47,371 | 47,371 | 48,394 | |
| Dernasesk | 2,003 | 2,003 | 521 | |
| 49,374 | 49,374 | 48,915 | ||
| 9. | Netincome | |||
| Net income is stated after charging/(crediting): | ||||
| 2025 | 2024 | |||
| £ | £ | |||
| Depreciationoftangiblefixedassets | 1,499 | 1,826 |
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Drumkeeran Parish Church
Notes to the Financial Statements (continuea
Year ended 31 December 2025
| 10. | Independent examination fees | |||
|---|---|---|---|---|
| 2025 | 2024 | |||
| £ | £ | |||
| Fees payable to the independent examiner for: | ||||
| Independent examination of the financial statements | 500 | 480 | ||
| 11. | Tangible fixed assets | |||
| Freehold | ||||
| property | Equipment | Total | ||
| £ | £ | £ | ||
| Cost | ||||
| At 1 January2025 | 225,000 | 11,440 | 236,440 | |
| Additions | - | 194 | 194 | |
| At 31 December 2025 | 225,000 | 11,634 | 236,634 | |
| Depreciation | ||||
| At 1 January2025 | - | 4,137 | 4,137 | |
| Charge forthe year | - | 1,499 | 1,499 | |
| At 31 December 2025 | - | 5,636 | 5,636 | |
| Carrying amount | ||||
| At 31 December 2025 | 225,000 | 5,998 | 230,998 | |
| At 31 December 2024 | 225,000 | 7,303 | 232,303 | |
| 12. | Investments | |||
| Other | ||||
| investments | ||||
| £ | ||||
| Cost orvaluation | ||||
| At 1 January2025 | 53,664 | |||
| Additions | - | |||
| Fair value movements | 4,792 | |||
| At 31 December 2025 | 58,456 | |||
| Impairment | ||||
| At 1 January 2025 and 31 December 2025 | = | |||
| Carrying amount | ||||
| At 31 December 2025 | 58,456 | |||
| At 31 December 2024 | 53,664 | |||
| Allinvestmentsshownaboveareheldatvaluation. |
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Drumkeeran Parish Church
Notes to the Financial Statements (continued)
Year ended 31 December 2025
13. Creditors: amounts falling due within one year
Trade creditors
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|||
|---|---|
|2025|2024|
|£|£|
|511|480|
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14. Analysis of charitable funds
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|||||||||
|---|---|---|---|---|---|---|---|
|Unrestricted|funds|
|At|At|
|1|January 202|Gains|and|31|December|
|5|Income|Expenditure|losses|2025|
|£|£|£|£|£|
|General|funds|437,532|56,463|(49,324)|4,792|449,463|
|At|At|
|1|January|202|Gains|and31|December|
|4|Income|Expenditure|losses|2024|
|£|£|£|£|£|
|General|funds|429,870|55,517|(48,835)|980|437|532|
|Restricted|funds|
|At|At|
|1|January 202|Gains|and|31|December|
|5|Income|Expenditure|losses|2025|
|£|£|£|£|£|
|Charity|Fund|-|50|(50)|-|-|
|At|At|
|1|January|202|Gains|and31|December|
|4|Income|Expenditure|losses|2024|
|£|£|£|£|£|
|Charity|Fund|>|80|(80)|-|-|
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The Charity Fund is used for donations made specifically for a particular Charity.
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Drumkeeran Parish Church
Notes to the Financial Statements (continue)
Year ended 31 December 2025
15. Analysis of net assets between funds
| Unrestricted | Total Funds | |||
|---|---|---|---|---|
| Funds | 2025 | |||
| £ | £ | |||
| Tangible fixed assets | 230,998 | 230,998 | ||
| Investments | 58,456 | 58,456 | ||
| Current assets | 160,520 | 160,520 | ||
| Creditors less than 1 year | (511) | (511) | ||
| Net assets | 449,463 | 449 463 | ||
| Unrestricted | Total Funds | |||
| Funds | 2024 | |||
| £ | £ | |||
| Tangible fixed assets | 232,303 | 232,303 | ||
| Investments | 53,664 | 53,664 | ||
| Current assets | 152,045 | 152,045 | ||
| Creditors less than 1 year | (480) | (480) | ||
| Net assets | 437,532 | 437,532 | ||
| 16. | Analysis ofchanges in net debt | |||
| At | ||||
| At1Jan 2025 | Cashflows | 31 Dec 2025 | ||
| £ | £ | £ | ||
| Cashatbankandinhand | 152,045 | 8,475 | 160,520 |
17, Related parties
There were no transactions with trustees during the year that require disclosure.
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