CHARITY REGISTRATION NUMBER: NIC105746
Muckross Parish Church
Unaudited Financial Statements
31 December 2024
MPSON
NTANCY
Chartered accountants
24 Main Street
Kesh
Co Femanagh
BT93 1TF

Muckross Parish Church
Financial Ststements
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

Muckross Parish Church
Trustees. Annual Report
Year ended 31 December 2024
The trustees present their report and the unaudited financial statements of the charrty for the year
ended 31 December 2024.
Reference and admlnistrntive details
Registered charity name
Muckross Parish Church
Charity registration number
NIC105746
Princlpal office
11 Letter Road
Aghnablaney
Letter
Kesh
Co Femianagh
BT93 2BB
Tha trustees
Rev C Eames
MrA LoNvry
Mrs V M¢Cutcheon
Mr W Mccutcheon
Mrs M Marshall
Mr J Marshall
Mr R Johnston
Mrs A Johnston
Mrs J Lowry
Mrw Lowry
Mrs J Johnston
Independent examiner
Gary Thompson
Structureg governance and management
Governing Document and Constitutlon of the Charity
Chapter111 of the Constitution of the Church of Ireland govems Parishes and Parochial Organisation.
The Select Vestry members are the Charity Twstees.
Recruitment and Appointment of Select Vestry
All members of the Church of Ireland who are over the age of 18 and are either resident Wtthin the
parish or INe elsewhere but have been accustomed members of the congregation for the last three
months, may register as members of the general vesty 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 Sdect Vestry is elected as part of this General Vestry
meeting. The Selecl Vestry will hold their positions for a period of one year. Select Vestry members
may be re4eGted annualty and there is no limit on the number of tenns vthich may be served.

Muckross Parish Church
Trustees. Annual Report {contsnuedJ
Year ended 31 December 2024
Structure. govemance and management (contsnuedj
Organlsatlonal 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 tsYeSve 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 deciding on how parish funds are to be applied.
The select vestry meets at times fixed by the members or by the dI0￿$an synod. Special meetings
may be convened at any time by the chairperson or churchwardens.
ObjeGtives and actlvltles
The charitable purpose of the Church of Ireland is the advancement of rel￿10n.
The principal function of Muckross Parish is to support the advancement of the Christian religion by
promoting, through the work of Muckross 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 delDiery of the benefits of Christianity.
As a resutt of activty in the pursuit of the advan￿rnent of the Christian religion, Muckross Parish has
custody of propety and of records, materials and artefacts of slgnrf￿anCe to the cultural and religious
heritage and maintenance of which is undertaken by the select vesty of the Parish.
Achievements and performance
Muckross Parish continues to support the work of other chariiies and missionary work by either making
donations or holding special collections during the year.
The Parish has grven careful consideration to the Charity Commission of Northern Ireland's guidance
on public benefit to ensure that all activities undertaken during the year have helped to achieve the
Parish's aims and objectives, as well as provKling public benefti.
Flnanclal review
The parish generated a surplus of £4.283 during the year ended 31 December 2024.
The trustees pdicy on resep4es 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 17 February 2025 and s￿ned on behalf of the board of
trustees by..
Rev C Eames
Trustee

Muckross Parish Church
Independent Examinerfs Report to the Trustees of Muckross 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 position. statement of cash flows and the related
notes.
Respective responsibilities of trustees and examiner
As the charitys trustees you are responsible for the preparation of the accounts in accordance with the
Charities Acl (Northem Ireland) 2008. It is my ￿ponSIbil￿ to..
examine the accounts under section 65 of the Chariiies Act.,
to follow the procedures laid doNvn in the general Directions gtven by the Charty Commission for
Northern Ireland under section 65(9)(b) of the Charities Act. arKI
to state whether particular rnatters have come to my attention.
Basis of independent examinerfs report
I 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 Charriies 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 ttems or discbsures in the accounts.
and seeking explanations from the trustees conceming any such matters.
My role is to state vthether any material matters have ¢wie to my attention giving me cause to believe:
That accounts'ng records were not kept in accordance section 63 of the Charities Act
That the accounts do not accord those accounting records
That the accounts do not Comply with the accounting requirements of Ihe Charities Act
That there is further information needed for a proper understanding of the accounts to be
reached.
Independent examinees statement
I have completed my examination and have no concems in respect of the matters (1) to (4) listed
above and. in connection with following the Directions of the Charity Commission for Northern Ireland. I
have found n
matters that require drawng to your attention.
pson
dependent Examiner
GA Thompson Accountancy
Bannagh Beg
Kesh
Co Fermanagh
BT93 8BY

Muckross Parish Church
Statement of Financial Activities
Year ended 31 December 2024
2024
Unrestricted
funds Total funds Total funds
2023
Note
Income and endowments
Donations and legacies
other trading activities
Investment income
Other income
8.206
8,206
9,730
1,970
2,380
100
2,569
100
2,569
100
Total income
10.875
10,875
14,180
Expenditure
Expenditure on charitable activities
Total expenditure
6,592
6.592
6,593
6.593
18,271
18,271
Net incomel{expenditure)
4.283
4,282
(4,091)
Other recognised gains and losses
Gain on RCB General Unit Trust
2,842
7.125
2,842
7,124
11.152
7.061
Net movement in funds
Reconciliation of funds
Total funds brought fO￿ard
Total funds carried forward
140,170
147.295
140,170
147,295
133,109
140,171
The statement of financial activitses includes all gains and losses recoJnised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 7 to 11 fomi part of these financial statements.

Muckross Parish Church
ststement of Financial Posltion
31 December 2024
2024
2023
Noto
Fixed assets
Inveslments
11
112.416
109.574
Current assets
Cash at bank and in hand
35,214
30,895
Creditors: amounts falling due within one year
Net current assets
12
336
299
34,878
147,294
30,596
Total assets less currenl liabilitles
140,170
Funds of the charity
Unrestricted funds
147,295
147,295
140,171
140,171
Total charty funds
13
These financial statements were approved by the l)oard of trustees and authorised for issue on 17
February 2025, and are signed on behalf of the board by.
Rev C Eames
Trustee
Mrs V Mccutcheon
Trustee
The notes on pages 7 to 11 lo￿ part of these financlal statsmonts.

Muckross Parish Church
Statement of Cash Flows
Year ended 31 December 2024
2024
2023
Cash flows from operating activities
Net incomel(expenditure)
4,282
(4.0911
Adjustments for.
Other interest receivable and similar income
(2,569}
{2.380}
Changes in."
Trade and other creditors
37
Cash generated from operations
1,750
(6,471)
Interest received
2.569
2,380
Net cash froml(used in) operating activities
4,319
{4,091)
Cash flows from investing activities
Proceeds from sale of other investments
7,800
Net cash from investing activities
7,800
Net Increase In cash and cash equlvalents
Cash and cash equlvalents at beglnning of year
Cash and cash equivalents at end of year
4,319
30,895
35,214
3,709
27,185
30,894
The notss on pages 7 to 11 fomi part of thos0 financial statements.

Muckross Parish Church
Notes to the Financial Statements
Year ended 31 December 2024
General infomiation
The charty is a public benefrt entty and a registered charity in Northem Ireland and is
unincorporated. The address of the principal office is 11 Letter Road. Aghnablaney, Letter. Kesh.
Co Femianagh, BT93 2BB.
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) (CharÈties
SORP (FRS 102)) and the Charf(ies Act (Northem Ireland) 2008.
Accountlng policies
Tangible assets
The Church Buihjing, Graveyard and Church Hall are deemed to be Herstage assets as defined
by the Charities SORP (FRS102). Th&8e Herriage assets are not included on the Statement of
Financial Position as infomiation on the Cost or valuation is not available and such infomation
cannot be obtsined at a Cost commensurate with the benefrt to the users of the accounts and to
the Parish.
Basis of preparatlon
The financial statements have been prepared on the historical cost basis. as modified by the
revaluation of certain financial assets and liabilities and investmerrt properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling. which is the functional currency of the entty.
Going concern
There are no material uncertainties about the chariiys abilty to conlinue.
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 have a significant risk os causing a material adjustment to the carrying
amounts of assets and liabilikn'es within the next financial year.
Fund accountlng
Unrestricted funds are available for use at the discretion of the trustees to further any of the
chantys purposes.
Designated funds are unrestrided fvnds eannarked by the trustees for particular fuiure 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 tsvo sulFclasses'. restricted income funds or
endowment funds.

Muckross Parish Church
Notes to the Financial Statements {eonlinu•dJ
Year ended 31 December 2024
Accounting policies (coniinued)
Incomlng resources
Resources expended
Expenditure is recognised on an accruals basis as a liabilty is incurred. Expenditure includes any
VAT which cannot be fulty recovered, and is classrr￿d under headings of the statement of
financial activities to which it relates:
expenditure 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
activrties that further its charitsble aims for the benefit of its beneficiaries. including those
support costs and costs relating to the governance of the charity apportioned to tharitable
activities.
other expenditure includes all expendrture that is neither related to raising funds for the
charity nor part of its expenditure on charitable ￿tIv[t￿S.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activty are allocated directty to that activty. Shared costs are apportioned
between the activtties they contribute to on a reasonable, justtfiable and consistent basis.
Investments
Unlisted equty investments a￿ initially recorded at cost. and subsequently measured at fair
value. If fair value cannot be reliably measured, assets are measured at cost less impaimient.
Listed investments are measured at fair value with changes in fair value being recognised in
income or expendrture.
Impaimient of fixed assets
A review for indicators of impaimient is carried out at each reporting date, with the recoverable
amount being estimated where such indi&2tors exist. Where the carrying value exceeds the
re¢overable amount. the asset is impaired accordingly. Prior impaimients a￿ also reviewed for
possible reversal at each reporting date.
For the purposes of impainnent 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-generating untt is the smallest identifiable
group of assets that includes the asset and gene￿te$ cash infiows that largely independent of the
cash inflows from other assets or groups of assets.
For impaimient testing of goo(fv*ill, the goodwill acquired in a business combinats.on Is, from the
acqui5tbon date, allocated to each of the cash%enerating unrts that are expected to benefrt from
the synergies of the combination, irrespective of whether other assets or liabilities of the charity
are assigned to those units.

Muckross Parish Church
Notes to the Financial Statements {conbnuedJ
Year ended 31 December 2024
Donations and legacies
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Donatlons
Freewill envelopes
Tax refund gift aid
Church collections
Harvest Gift Day
Other donations
4.832
1.096
1.068
810
400
4,832
1.096
1,068
810
400
5,101
1,402
642
885
800
5,101
1,402
642
885
800
Grants
Grant from Marshal Bereford's Fund
900
900
8.206
8,206
9.730
9.730
Other trading actfvities
Unrestricted Total Funds Unrestrided Total Funds
Funds
2024
Funds
2023
DCMS Scheme, VAT Recoupment
1.970
1.970
Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Bank interest
Col Trustees - Interest on Investments
Interest from R.C.B Investments
77
308
2.184
2.569
62
304
2.014
62
304
2,014
308
2,184
2.569
2,380
2.380
Other income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Church mag&ines
100
100
100
100
Expenditure on charitable activlties by fund type
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Muckross Parish
6.592
6.593
18,270
18,271

Muckross Parish Church
Notes to the Financial Ststements (conllnued)
Year ended 31 December 2024
Expendlture on charitable activities by actlvity type
Actrrfsiies
undertaken Total funds
directy
2024
Total fund
2023
Muckross Parish
6,593
6,593
18,271
10. Independent examlnation fees
2024
2023
Fees payable to the independent examiner for.
Independent examination of the financial statements
336
300
11. Investments
Other
investments
Cost or valuation
At 1 January 2024
Additions
Fair value movements
109,574
2,842
112,416
At 31 December 2024
Impaimient
At 1 January 2024 and 31 December 2024
Carrylng amount
At 31 December 2024
112,416
109,574
At 31 December 2023
All investments shown above are held at valuation.
12. Credltors: amounts falling due withln one year
2024
2023
Trade creditors
336
299
10

Muckross Parish Church
Notes to the Financial Statements (¢ontlnuedJ
Year ended 31 December 2024
13. Analysis of charitable funds
Unrestricted funds
At
1 January 202
At
Gains and 31 December
losses
2024
Incorne Expenditure
General funds
140,170
10,875
(6,592)
2.842
147,295
At
1 January 202
At
Gains and 31 December
losses
2023
Income Expenditure
General funds
133,109
14.180
(18,270)
11.152
140.171
14. Analysis of net assets between funds
Unrestricted Total Funds
Funds
2024
Investments
Current assets
Credrtors less than 1 year
Net assets
112,416
35.214
(336)
147.294
112,416
35,214
{336)
147.294
Unrestricted Total Funds
Funds
2023
Investments
Current assets
Creditors less than 1 year
Net assets
109,574
30,895
(299)
140,170
109,574
30,895
(299)
140,170
15. Analysls of changes In net debt
At
At 1 Jan 2024 Cash flows 31 DeG 2024
Cash at bank and in hand
30,895
4,319
35,214
16. Related parties
There were no transadions with trustees during the year that require disclosure.
11