CHARITY REGISTRATION NUMBER: NIC105709 Francis Curley Charitable Fund Financial Statements 11 December 2023
Francis Curley Charitsble Fund Financial Statements Year ended 11 December 2023 Page Trustees. annual report Independent auditovs report to the members Statement of financial activities Statement of financial position Statement of cash flows 10 Notes to the financial statements 11
Francis Curley Charitsble Fund Trustses. Annual Report Year ended 11 December 2023 The trustees present their report and the financial statements of the charity for the year ended 11 December 2023. Reference and administrative details Registsred charity name Francis Curtey Charitable Fund Charity registration number NIC105709 Principal office 3842 Hill Street Belfast BT12LB The trustees D Moffett R Clark Auditor Johnston Graham Limited Chartered accountants & statutory auditor 216r218 Holywood Road Belfast BT4 1PD Bankers Bank of Ireland 4-8 High Street Belfast BT12BA Solicitors Shean Dthon Merri¢k 3842 Hill Street Beast BT12LB structiiroi governance and management The affairs of the Charity are rnanaged and controlled by the Trustees. who have exdusive power5 to act on behalf of the Charity. Objectives and activities The Charity was set up OTr 11 Dernber 1934 and is governed by a IAfjII TnJsL The Francis Curley Charitable Fund prodUS income from investment properties and other investrnents for distribution to nominated charities.
Francis Curley Charitsble Fund Trustees. Annual Report (coTr&nuedJ Year ended 11 December 2023 Achievements and perforniance The objectives of the charity are as follows: - the prevention or relief of poverty - the advanment of religion - the advancement of health or the saving of lives the ielief of those in need by reason of youth, age. ill-health. disability. financial hardship or other disadvantage. To that end, the'fund has b*n able to increase its distribution to the prescribed charities as detailed below The direct public benefrt flowing from the organisation's purpose is the distribution of income from investment properties and other investments to nominated charities. This income provides essential monetary assistance and support to the charities thereby enabling them to continue with their vital work The beneficiaries are as follows: o Barnardos o Sailors. Soctety o The Bible Society for N. Ireland o Sandes Soldiers. Home o Belfast Hospital for Sick Children o Presbyterian Orphan Society o Presbyterian Churth in Ireland Foreign Mission - Zenana Mission Home Mission - Old Age Fund - Jewish Mission Sustenation Fund - Aged & Infirm Ministers, Fund - Society for Orphans of Ministers and Missionaries of the Presbyterian Church In Ireland Financial review During the year the Charity showed a surplus for the year of £332.119 (2022 - £318,639). Transfers of £66,827 were then made from the Beneficiaries account to the Future Investment Account. resulting in a surplus of £265,292 (note 17) which will be distributed to the nominated teneficiaries. The reseNes at 11 December 2023 were £5.654.993. The Trustees review the possibility of major risks on an ongoing basis and consider any action required to manage such risks. plans for future periods The Trustees continue the conservative poltcy of retaining sufficient working capital to cover the risks attached to the investment and property portfolios. To achieve this, the trustees have set aside funds to ensure that sufficient resources are available at a future date to cary out propety repairs, provide for propety vacancies and to make investments. In compliance with the Trust Deed. all other amounts are paid out on an annual basis to the beneficiaries.
Francis Curley Charitable Fund Trustees. Annual Report {conlinuerfJ Year ended 11 December 2023 Trustees. responsibilities slatement The trustees are responsible for preparing the trustees, rèport and the financial statements in accordan w5th applicable law and United lfjngdom Accounting Standards (United Kingdom Generally Apted AOUnting Prdctice). The law applicable to charities in Northern Ireland requires the charity trustees to prepare financial staternents for each year which give a true and fair view of the state of affairs of the charity and of the incoming resour$ and application of resources, of the charity for that period. In preparing these financial statements, the trustees are required to- select suitable accounb'ng policies and then apply them consistently; observe the methods and principles in the applicable Charities SORP. make judgments and accounting estimates that are reasonable and prudent. state whether appli(xble UK Accounting Standards have been followed, subject to any material departures disdosed and explained in the financial statements", prepare the financial statements on Ihe going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping adequate accounting reGords that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financlal statements comply with the Charities Act (Northem Ireland) 2008. They are also responsible for safeguarding the assets of the tharity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for preparing the trustee5' repjrt and the financial statements in accordance with applicable law and United Kingdom Accounting Stsndards (United Kingdorn Generally Accepted Accounting Practi). The law applicable to charities in Northem Ireland requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charty and of the incoming resources and application of resources, of the charity for that period. The trustees, annual report was approved on 20 May 2024 and signed on behalf of the toard of trustees by: D Moffett Trustee R Clark Trustee
Francis Curley Charitsble Fund Independent Auditor's Report to the Members of Francis Curley Charitable Fund Year ended 11 December 2023 Opinion We have audrted the financial statements of Francis Curley Charitable Fund (the 'charity') for the year ended 11 December 2018 which comprise the statement of financial activities. ststement of finanaal position. statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicAble law and United Kingdom A¢¢ounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion except for the effects of the matter descAibed in the "Basis for Qualified Opinion" Sectton of our report the financial statements in all material aspects: give a true and fair view of the stste of the charity's affairs as at 11 DmE£r 2018 and of its in(x)ming reSoUrS and application of resources, including its inwme and expenditure. for the year then ended. have been properly prepared in accordan(x with United Kingdom Generalty Accepted Accounting Practice: have been prepared in accordan with the requirements of the Charities Act (Northern Ireland) 2008. Basis for opinion We conducted our audit in accordan with International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are fvrther described in the auditorfs responsibilities for the audit of the financial stateffEnts section of our repotL bve are independent of the charity in accordan with the ethical requirements that are relevant to our audit of the financial statemènts in the UK. including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit eviden we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have conduded that the trustees, use of the going cOnM basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed. we have not Fdentified any material unrtaIntieS relating to events or conditions that individually or collectively. may cast significant doubt on the charity's ability to continue as a going conrn for a period of at least twelve months from when the financial ststements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concem are described in the relevant sections of this report.
Francis Curley Charitable Fund Independent Auditor's Report to the Members of Francis Curley Charitable Fund {¢ontlnuedJ Year ended 11 December 2023 other information The other information comprises the information included in the annual report, other than the financaal statements and our auditor's report thereon. The trustees are responsible for the other infomiation. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion ther80n. In connection with our audit of the financial statements. our responsibilty is to read the other information and. in doing so. consider whether the other information is materialty inconsistent wwth the fi'nancial statements or our knowledge obtained in the audit or otheThvise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other infomation. If. based on the work we have perfomied, we conclude that there is a material misstatement of this other infomiation, we are required to report that fact. We have nothing to report in this regard. Matters on which we are required to report by exception In the light of the knowtedge and understanding of the charity and its environment obtained in the course of the audit. we have not identified material misstatements in the trustees. reporL We have nothing to report in respect of the following matters in relation to which the Charities Act (Northern Ireland) 2008 requires us to report to you rf, in our opinion: the information given in the trustees. report is inconsistent in any material respect with the financial statements., or adequate aCunting records have not been kep( or the financial statements are not in agreement with the accounting records and retums; or we have not received all the infomiation and explanations we require for our audit. Responsibilities of trustees As explained more fully in the trustees. responsibilities statement. the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. and for such internal control as the trustees determine is necessary to enable the preparation of finanaal ststements that are free from material mtsstatemenL whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going conrn, disdosing, as applicable. matters related to going conrn and using the going cOnM basis of accounting unless the trustees either intend to liquidate the charity or lo cease operations, or have no realistic altemative but to do so.
Francis Curley Charitable Fund Independent Auditor's Report to the Members of Francis Curley Charitable Fund {¢ontinued) Year ended 11 December 2023 Auditorfs responsibilitles for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditorfs report that includes our opinion. Reasonable assuran is a high level of assurance, but 15 not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can aris& from fraud or error and are considered material if, individually or in the aggregate. they could reasonabty be expected to InflUer the economic decisions of users tsken on the basis of these financial staterrEnts. ' Irregularities, including fraud. are instances of non-complian with laws and regulations. We design prOdureS in line with our responsibilrties, outlined above, to detect material misstatements in respect of iriegularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: As part of the audit PTwess we obtained an understanding of the legal and regulatory framework applicable to the entity, being FR102. Companies Act 2006 the UK taxation regime and compliance with regulations in relation to the Coronavirus Jobs Retention Scheme and the Coronavirus Business Interruption Scheme. In addition, we assessed the risks of matertal fraud through enquires with management and those charged with corporate governan and analyti(£l procedures were used to assess any unusual or or unexpected relationships. As with all organisation of this size, there remains an inherent difficulty in the detection of irregularities. A further description of our responsibilities for the audit of financial slatements is kd on the FRC'S bsite at www.frc.org.uklauditorsresponsibilities As part of an audit in accordance with ISAS (UK), we exercise professional judgment and maintain professional scepticism throughout the audil We also: Identify and assess the rtsks of matertal misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may invofve collusion. forgery, intentional omissions, misrepresentations, or the override of intemal control. Obtain an understanding of internal control relevant to the audit in order to design audrt procedures that are appropriate in the cirCumstans, but not for the purpose of expressing an opinion on the effectiveness of the intemal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees. Conclude on the appropriateness of the trustees. use of the going GOnM basis of accounting and. based on the audit evidence obtained. whether a material uncertainty exists related to events or condttions that may cast significant doubt on the charity's ability to continue as a going concern. If we conclude that a material UnrtaInty exists, we are required to draw attention in our auditovs report lo the related disclosures in the financial statements or, rf such disclosures are inadequate. to modify our opinion. Our conclusions are based on the audit eviden obtained up to the date of our auditorfs reporL However, future events or conditions may cause the charity to cease to continue as a going conM. Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
Francis Curley Charitable Fund Indepèndent Auditor's Report to the Members of Francis Curley Charitable Fund fconfrnued) Year ended 11 December 2023 We communicate with those charged with g0veMan regarding, arrrf)ng other matters. the planned scope and timing of the audit and signtficant audit findings. including any significant deficiencies in intemal control that we identify during our audit Use of our report This report is made solely to the charity's members. as a Ex)dy, in accordance with section 65 of the Charities Act (Northem Ireland) 2008. Our audit WO has been undertaken so that we might state to the charity's members those matters we are required to State to them in an auditorfs report and for no other purpose. To the fullest extent permitted by law, we do not afftpt or assume responsibility to anyone other than the charity and the charity's members as a body. for our audit work. for this report, or for the opinions we hw¥E fonTd. Johnston Graham Limited Chartered accountants & stattrtory auditor 2161218 Holywood Road Betfast BT4 1PD 20 May 2024
Francis Curley Charitable Fund Statement of Financial Activities Year ended 11 December 2023 2023 Restricted fiAnds Total funds Total funds 2022 Income and endowments Other trading activities Investment income 350,139 31,829 381,968 360,139 31.829 352.181 24.418 Total income 381,968 376,599 ExpendRture Expenditure on charitable activittes Total expenditure 49.849 49,849 49,849 57.960 49.849 57,960 Not income 332,119 332,119 318.639 Payments to Beneficiaries (244,418) (244N18) (266.462) Other recogntsed gains and losses Gainsl(losses) from revaluation of fixed assets Net movement in funds 44,002 44,002 131.703 (105,351) (53.174) 131.703 Reconciliation of funds Total funds brought fopward Total funds carried forward 5.523.290 5,523.290 5,654.993 5.576.464 5.523.290 5.654.993 The statement of financial activities indudes all gains and losses recognised in the year. All income and expenditure derive from continuing a¢tivities. The notes on page5 11 to 18 forni part of these financial slatements.
Francis Curley Charitsble Fund Statement of Financial Position 11 December 2023 2023 2022 Note Fixed assets Tangtble fixed assets Investments 10 11 3,961,697 802.769 4,764,456 3,961.697 758,757 4,720.454 Current assets Debtors Cash at bank and in hand 12 43.291 1,132,193 1,175N84 139.155 g78.148 1.117.303 Cr¢ditors= amounts falling due w•thin one year Net eurrent assets 13 173.387 160,158 1.002.097 957,145 Total assets less current liabilities s,76653 5.677,599 Creditors: amounts falling due after more than one year 14 111.560 154,309 5.523.290 Net assets 5.64993 Funds of the ¢harity Restricted income funds: Revaluation reserve Other restricted income funds 311,759 5,343,234 5,64993 267.757 5,255.533 Total charity funds 15 5.523,290 These financial statements were approved by the board of trustees and authorised for issue on 20 May 2024. and are signed on behalf of the board by: (P- •J6LC D Moffett Trustee R Clark Trustee The notes on page5 11 to 18 fonn part of these finan¢lal statements.
Francis Curley Charitable Fund statement of Cash Flows Year ended 11 December 2023 2023 2022 Cash Ilows from operating activities Net income 332,119 318.639 Adjustments for Other interest re1vable and similar income Interest payable and STmilar charges (31,829) 175 (24,418) 190 Changes in." Trade and other debtors Trade and other creditors 95,864 13,229 409.558 254,932 20,812 570.155 Cash generated from operations Interest paid Interest received Payments to Beneficiaries Net cash from operating activities 1175) (190) 31,829 24,418 1244A18) (266,461) 196,794 327,922 Cash flows from financing activities Repayment of borrowings Net cash used in financing activities (42,749) (42.749) (41,055) (41,055> Net increase in eash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year 154,045 978.148 286.867 691,281 1,132,193 978,148 The notes on pages 11 to 18 fomi part of these finanGial statements. 10-
Francis Curley Charitable Fund Notes to the Financial Statements Year ended 11 December 2023 General infomiation Thè charity is a public benefit entity and a registered charity in Northem Ireland and is unincorporated. The address of the principal office is 3842 Hill Streel Belfasc BT12LB. Statement ol compliance These financial statements have been prepared in Complian with FRS 102. The FinanGial Reporting Standard applicable in the UK and the Republic of Ireland,. the Statement of Recommended Practi applicable to Gharities preparing their accounts in accordan 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 preparati¢)n The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling. which is the functional currency of the entity. Going oonoern There are no rnaterial UnrtaIntieS atrx)ut the charitys ability to continue. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These eslimates and judgements are continually reviewed and are based on experien and other factors. including expectations of fure events that are believed to be reasonable under the circumstan. Fund accounting Uniestricted fijnds are available for use at the discretion of the ttustees to furtsr any of the charity's purposes. Designated fvnds are unrestricted funds eamiarked by the trustees for particular tUre project or commitment Restricted fijnds are subjected to restrictions on their expenditure dedared by the donor or through the temis of an appeal. and fall into one of two sub-classes: restricted income fijnds or endowment funds. 11
Francis Curley Charitable Fund Notes to the Financial Statements (continu) Year ended 11 December 2023 Accounting policies (conlintsEd) Incoming resour¢es All incoming resources are induded in the statement of financial activities when entttlement has passed to the charity; rt 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 particutar categories of income: income from donations or grants is recognised when there is eviden of entitlement to the gift. reipt is probable and its amount can be measured reliably. legacy income is recogni5ed 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 ServIS are recognised in the accounts when reiVed if the value Ixn be reliably measured. No amounts are included fr)r the contribution of general volunteers. income from contracts for the supply of serV[S is rognISed with the delivery of the contracted servi. This is classified as unrestricted funds unless Ihere is a contractual requirement for it to be spent on a particular purpose and returned rf unspen( in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liabilty is incurred. Expenditure includes any VAT which cannot be fully recovered, and is dassified under headings of the statement of financial activities to which it relates: expenditure on raising funds indudes 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 beneficiaries, including those support costs ar costs relating to the governan of the charty apportioned to charitable activities. other expenditure includes all expenditure that is neither Telated to raising funds for the charity nor part of its expenditure on charitable &tNities. 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 beiween the activtties they contrtbute to on a reasonable, justifiable and consistent basis. Tangible assets The trustees have assessed the market values of all the properties held at the Balance Sheet date. taking into consideration rental yields and market conditions. it is their opinion the market values are reflectgj in the Carrying values induded in the accounts at 11 December 2023. Investments Unlisted equty investrnents are recorded at market values at the balan sheet date. -12-
Francis Curley Charitable Fund Notes to the Financial Statements (contsnuedj Year ended 11 December 2023 Accounting policies (Mntinuedj Financial instruments A financial asset or a financial liability is recognised only when the entity becomes a paty to the contractual provisions of the instrument Basic financial instruments are initially recognised at the amount re1vable or payable induding any related transaction costs. unless the arrangement constitutes a financing transaction. where it is recognised at the present value of the future payments discounted at a market rate of interest for a simitar debt instrumenL Current assets and current liabilities are subsequently measured at the or other consideration exFECted to be paid or received and not discounted. other trading activities Restricted Total Funds Funds 2023 Restricled Total Funds Funds 2022 Rents ReiVed 350,139 350,139 352.181 352,181 Investment income Restricted Total Funds Funds 2023 Restricted Total Funds Funds 2022 Bank Interest Investment Income 8,390 23,439 8.390 23.439 446 23.972 23,972 24,418 31,829 31.829 24,418 Expenditure on charitable activities by fund type Restricted Total Funds Funds 2023 Restricted Totsl Funds Funds 2022 Charitable activities Support costs 26.980 22,869 49,849 26.980 22,869 49.849 26,450 31,510 57,960 26,450 31,510 57,960 Expenditure on charitable aclivities by activity type Activities undertaken direct Support costs Total funds 2023 Total fijnd 2022 Charitsble activlties G0Veman costs 26.980 26,980 22,869 26,450 31.510 22,869 22.869 26,980 49,849 57.960 13-
Francis Curley Charitable Fund Notes to the Financial Statements {conthiuedJ Year ended 11 December 2023 Auditots remuneration 2023 2022 Fees payable for the audit of the financial statements 2,700 2,500 Tnte¢ remuneration and expenses The trustees 1Ved collectpie remuneration of £13.000 in compliance with the Trust deed and as approved by the Charities Commission. 10. Tangible fixed assets Land and buildings At 12 December 2022 and 11 December 2023 3.961,697 Depreciation At 12 D¢¢ember 2022 and 11 December 2023 Carrying amount At 11 December 2023 3,961.697 3.961,697 At 11 Dec£mber 2022 11. Investments investments Cost or valuation At 12 December 2022 Addiiions Fair value movements 758,757 44002 802,759 At 11 December 2023 Impairment At 12 December 2022 and 11 December 2023 Carrying amount At 11 December 2023 802,759 At 11 December 2022 758.757 All investrnents shovffl above are hetd at valuation. The trustees of the fund in 2010 purchased 53,271 units at a cost of £500,000 in the Nl Central Investment Fund for Charities. The maTket value of the investrnent at 11 Dember 2023 was £802.759. -14-
Francis Curley Charitable Fund Notes to the Financial Statements (continued) Year endod 11 December 2023 11 Debto 2023 2022 Trade debtors 43,291 139,155 13. Creditors= amounts falling due within one year 2023 2022 Bank loans and overdrafts Trade creditors Social security and other taxes Other creditors .34,000 54.548 14,272 57.338 12,212 38,699 173.387 160.158 14. Creditoys: amounts falling due after more than one year 2023 2022 Bank loans and overdrafts 111.660 154,309 15-
Francis Curley Charitsble Fund Notes to the Financial Statements (¢ty)Iloued) Year ended 11 December 2023 15. Analysis of charitable funds Restricted funds Gains and losses11 Dee 2023 12 Dec 2022 Income Expendibjre Transfers Beneficiaries Account Estate Capital Act)Unt Repairs Account Revaluation reserve Future Investment Reserve Provision for Vacancies 244,417 381,968 (294.26n 166,827) 265291 3.346.290 100,107 3,346.290 100.107 267,757 44.002 311,759 1.494.095 66.827 1.560.922 70.624 70,624 5,523,290 381,968 (294,267) 44.002 5,654,993 At 12 Dec 2021 Gains and At k)sses11 Dec 2022 Income Expenditure Transfers Beneficiaries Account Estate Capital Account Repairs Account Revaluation reserve Future Investrnent Reserve Provision for Vacancies 266,461 376,599 {324,422) (74,221) 244,417 3.346.290 100.107 3,346,290 100,107 373.108 {105,351) 267.757 1.453,624 40,471 1,494.095 36,874 5.576,464 33,750 70.624 376.599 (324,422) (105.351) 5.523.290
Francis Curley Charitsble Fund Notes to the Financial Statements (continuedj Year ended 11 December 2023 16. Analysis of net assets between funds Restricted Tolal Funds Funds 2023 Tangible fixed assets Investments Current assets Creditors less than 1 year Creditors greater than 1 year Net assets 3,961,697 3.961,697 802.759 802,759 1.175,484 1,175,484 (173,387) 1173.387) (111,560) <111,560) 5.654.993 5,654,993 Restricted Total Funds Funds 2022 Tangible fixed assets Investments Current assets Creditors less than 1 year Creditors greater than 1 year Net assets 3,961,697 3.961.697 758,757 758,757 1,117,303 1,117.303 (160,158) (160.158) (154.309) {154.309) 5.523,290 5,523.290 17. Distribution The distribution to the Beneficiaries is to be made as follows: 2023 2022 Barnardos Sailors, Society The Bible sIety for N Ireland Sandes Soldiers, Home (retained pending charity substitute) Belfast Hospital k)r Sick Children Presbyterian Orpan Society 13.265 13,265 6,632 6,632 12.221 12,221 6.110 6,110 6,632 13.265 6,110 12,221 Presbyterian Church in Ireland Foreign Mission Zenana Mission Home Mission Old Age Fund Jewish Mission Sustenation Fund Aged & Infirm Ministers, Fund Society for Orphans of Minisler5 and Missionaries of the Presbyterian Church in Ireland (Incorporated) 33.161 19,897 13.265 13.265 6,632 66,323 39,793 30.552 18,331 12,221 12,221 6.110 61,106 36,663 13.265 12.221 265.292 244,418 17-
Francis Curley Charitsble Fund Notes to the Financial Statsments IMn&"nuedJ Year ended 11 December 2023 18. Analysjs of Gh2nges in net debt At At 12 Dec 2022 Cash flows 11 Dec 2023 Cash at bank and in hand Debt due within one year Debt due after one year 978,148 (34.000) (154,309) 789,839 154,045 1,132,193 (34,01)0) (111,560) 986,633 42,749 196,794 19. Related parties Professional serVIS are supplied by Idcconnell. Chartered Surveyors £6,569 (2022: £6,498) which is related parties by virbje of a ccKnmon interest of Mr R ClarK a trustee of the charity. -18-