LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY COMPANY LIMITED BY GUARANTEE DIRECTORS. ANNUAL REPORT Page 2 YEAR ENDED 31 DECEnnBER 2022 Tlie dii-ectoi-s have pleasiii'e iii pi'eseiitiiig tlieii- i-epoit aiid Ilie aLidited financial stateiiieiils of tlie chai-itable coinpaiiy for Ilie yeai. ended J l Deceiiibei- 20?? I'lie dii'ectoi-s have adopted tlie provisions of tlie Stateilleiit of RecoiniTreiided Pi-aclice (SORP) '"'AccoLinling aiid Repoitiiig by Cliai-ities. IFRS 102) in preparinrJ tlie aniiiial repoit and finaiicial stateinents of the cliai-itable coiiipany. The financial stateiTJents have beeii pi-epai-ed in accoi-daiice witli tlie accoiiiiting policies set oiit in notes to tlie fii)aiicial stateiiieiits. applicable accoLllltiiig staiidards incliiding AccoLllltino and Reporting by Cliai-ities: Siatcnient of Recoinineiided Practice applicable to cliai-ilies pi'epai-ino Ilieii- accoiinls in accoi'dance witli tlie Finaiicial Reportiiig Staiidard applicable iii tlie UK aiid Republic of Irelaiid issiied in Octobei- ?019: Ilie Finaiicial Reportiiits Staiidai'd applicable iii tlie Uiiited Kiiiodoim and Repliblic of Irelaiid (FRS I O?). Ilie Cliarities Act (Noi-Iliei-11 Ii'elaiid) ?008, C111( l-ities Act (Noi'lhei-n Irelaiid) ?0 l J, The Cliai-ities (AccoLiiils aiid Repoi1s) RcoLilatioiis (Noi'lliei-ii Ii'elaiid) ?015. Coiiipaiiies Act ?006. tlie charitable coirjpaiiy. s govei'iiiiig docLinieiit aiid UIC Generally Accepted Accoiiiiliiig Pi-aclice. RCFERENCE AND ADMINISTRATIVE DETAILS Registered cliarit), name Loi-d Eiiniskilleii Meiiioi-ial Orange Societ), NIC 106)lJ Charity registration number Company number N164?096 Registered office Sclioinbero Hoiise, )68 Cregagli Road, Belfast: BT6 9EY Company Secx'etary Auditor B A Doii'ian Jacksoii Aiidi'emfts. Chailered Accouiitants & Statiitoiy ALiditoi-: Andi-a5 House, 60 Great Victoi'ia Sti-eet, Belfast, BT2 7ET Bi¢ nkers Danske Bank, Business Bankiiig.. P.O.Box 18), Donegall Sqliai'e West, Belfast, BTI 6JS Solicitors Edwai-ds & Co, 28 Hill Street, Belfast. BTI 2LA THE DIRECTORS The dii'ectors of tlie chai'ilable coinpany al'e its tl'LlStees foi. tlie piii'pose of chai-it), laiv. Tlie dii'ectois wlio served tlie coiiipany dLiring tlie year wei'e as follows= H M Bisliop S F Brooker B A Dori"ian R S A Gai-diiiei- Rev M Gibsoii N R A Heiiry Rev R R Jolinstone Rev J Mccleaii R G S Mclldooii D IV C Reaiiey RPReid Rev A S Sinytli O E Steve11501I Appoiiited ? l Jiiiie ?0?? Resigiied ?8 Febi-Ilcll')' ?0??
LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY COMPANY LIMITED BY GUARANTEE DIRECTORS, ANNUAL REPORT (continued) YEAR ENDED 31 DECEMBER 2022 Page 3 STRUCTURE, GOVERNANCE AND MANAGCMENT PUBLIC BENEFIT STATEMENT The dii'ectoi-s of Lord Enniskilleii Meinoi-ial Oraiige Society confinii tliat tliey have had dlie i-egard loi- tlie giiidaiice on Public Benefit by tlie Chai'ity Coniiiiission foi. Noitliei-n Ireland aiid are pleased to report tliat dui-ino the yec11- tlie cliaritable coinpany coiitiniied lo pi'ovide tlie Piiblic Beiiefits tl)roLigli pi-ogi'ainiiies and sei-vices we offer. In pailiciilai., tlie directOlS C0115idei' liow plaiiiied activities 1111 conti'ibLlte to tlie aiiiis and objectives tliey liave sel. Public Benefits: Childi'eii and faiiiilies iii iiecessitOLlS Cil-cllliistaiices are assisted and poveity is i-elievcd. Fainilies have sufficieiit i-esoiii'ces so tliat cliildrcii's welfare does iiol LiiidLily siiffei- diie to bereaveinent, sickiiess or otlier causes of poverty/l)ai-dsliip. aiid the cal'e aiid developiiient of childi-eii is not coinproiytised. The beiiefits can be deinoiisti'ated froin feedback fi-oin gi'ant I'ecipieiits aiid suppoiting oi-&aiiisations. Governing Ilocument Loi'd Enniskillen Meiiioi-ial Oraiige Society is a charitable coinpany liinited by guai'antee aiid does not liave aiiy sliai'e capital. It was iiicorpoi-ated oli I l Noveinber ?016 and l-eo istei-ed as a chai-it), M'illi Tlie Cliariiy Coiniiiissioii foi. Noithei'n Ireland 011 5 Februaiy ?018. In tlie eveiit of tlie coinpany beiiig wound up iiieinbei-s al'e reqLiired to coiiti-ibute an ainouiil iiot exceedino £1. Recriiitmcnt, 42ppointment, induction an(1 trainin<F Tlie directoi-s i-eoularly i-eviei4' the I'eqiiireiiients of the cliai-itable coinpany aiid the possibiliti, of a need foi- additioiial direclois. Any new dii-ectors ii'oiild be appoiiited by i-esolLltion of a meetiiig of all tlie dii-ectors passed by a Inajority of tliose pi-esent. Appi'opriale trainin(F aiid indLlCtion is available to all dii'ectors. Risk managenient Tlie dii-ectors Iiave assessed tlie inajor risks to whicli tlie cliai-itable conipaiiy is exposed. in paiticiilar tliose I'elatcd to the opei-ations aiid finances of tlie cliai-itable coinpaiiy.. aiid are satisfied tliat sysleii)s al'e in place to iniligate an exposLlI'e to Inajoi- i-isks. Whei-e appropi-iate, systeins or pi'ocediires have been establislied to initioate the I'isks the chai'itable compaiiy faces. Iiitei'nal conli'ol I'isks are Iniiiiinised b), tlie iiiipleiiientation of pi'ocedui'es foi. autlioi'isation of all ti'aiisactioiis aiid pi'ojects. Procediires are in place to ensLlI'e coiiipliaiicc witli liealtli aiid safety of staff: voliinleei's, clieiils aiid visitoi-s. Tliese pi-occdiii-es al-e pcriodically I'eviewed at least aiiiiuall), to eiisiii'e tliat tliey coiitiniie to iiieet tlie needs of tlie cliai'itable coinpaiiy. Oi'ganisi¢ tion Structures and relrflted parties Tlie diiECtoi's ovei-see the riinniiiG of thc cliai-itable coii]Pclliy. Graiid Oi-aiioe Lodge of Irelaiid is ielated lo tlie cliat'itable conipaiiy. OBJECTIVES AN'D ACTIVITIES Loi'd EnnisLillen Meiiiori<l1 Oi'aiige Society pi-ovides oranls to I'cl ieve poveily.
LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY COMPANY LIMITED BY GUARANTEE DIRECTORS, ANNUAL REPORT (continued) YEAR ENDED 31 DECEMBER 2022 Page 4 ACHIEVEMINTS AND PERFORMANCE Total inconie foi- the yeai- ainollllted io £455:) l J (?021 . £456:061). Iiicoine derived fi-oiii donations and legacies ainoLinted to £104,4J6 (20?].. £97:506) aiid investment incoine ainoLinted to £J50,877 (?0?1= £)58,555). Total expeiiditure for ilie yeai- ainoiiiited to £451:514 (20? I: £J78:498). Tlie cost of 17ising fuiids aiiioLinled to £J2,54J (?0? I: £JJ,497) aiid cost of cliai'ilable activities ainoLlllted to £418,971 {?021: £J45,001). Tlie net incoine foi- the yeai. befoi-e iiive5tineiit gaiiis or losses ainoiiiited to £J.799 (?0?1 .. £77:56i iiet incoiiie Resei'ves policy Tlie charily's policy is to iiiaiiitaiii i-esei-ves at SLicli a level as limits risks fi'oin futui'e downtiim iii charity incoine or froin ii)creased expenditiii-e in Ilie loiioer terin, incliidino expeiiditLlI'e 011 fixed assets. Tliis pi-ovides siifficieiit fiinds to COVCI. l-Liiiiiino costs ivhicli inclLide Inanaoeiiient. adiniiiisti-atioii and suppoit costs. Fl'ee reserves ai-c tliose LIDresti-icted reserves Ilot desigiialed Iioi- invested in fixed assets M,hicli are available foi. oei)eral use. The ti-iistees al'e particiilarl)I con5CiOUS tliat volLllltar}' doiiations and legacy iiicoine caiiiiot be i'elied oli as a coiitinuiiig aiid ceitaiii soiirce of incoiniiig I'esoLirces foi. tlie futLlI-e aiid is also awai-e of tlie need lo guard aoainst tlie vaTharies of stock iiiarket pei'forinance. Funding Tlie pi-incipal fundill g is froin doiiatioiis and investiiieiit income. PLANS FOR FUTURE PERIODS Tlie dii-ectoi's envisage tliere will be no cliaiige in the cliai-ity's objectives and activities foi. tlie foi-eseeable fiitiii-e. RESPONSIBILITIES OF THI DIRECTORS The trugtees (who are also the directols of Loi-d Eniiiskilleii Meimorial Society foi. the pui-poses of coinpany law) are iesponsible foi- preparing the Dii-ectors Aniiual Repoit and tlie fiiiancial slatemeiits iii accoi'dance M'itli applicable law aiid Uiiited Kiiigdoin AccoLintiiig Staiidai'ds (United Kingdoin Genei'ally Accepled AccoLllltino Practice) iiicliidiii applicable iii tlie UK and Repiiblic of Irelaiid".: FRS 102 'Tlie Fiiiancial Reporting Standai'd Tlie laii, applical)le to cliarities in Noitliern Irelaiid I'eqiiires tlie dii-ectors to pi-epai'e fiiiancial stateiiients for eacli finaiicial pei-iod Mihicli give a ti-ue aiid fic ii. vieiv of tlie state of affaii's of tlic cliai'itable coinpany and of tlie incoiniiiiy I'esoiii-ccs ai)d applicalion of i-esoLlI-ces, iiiclLidiiig tlie ii)coiiie and expeiiditiii-e: of tlie cliai-itable coinpaiiy foi. tliat pei'iod.
LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY COMPANY LIMITED BY GUARANTEE DIRECTORS, ANNUAL REPORT (continued) YEAR ENDED 31 DECEMBER 2022 Page 5 RESPONSIBILITIES OF THE DIRECTORS (Loiitiiiueil) In preparing these financial stateinents, tlie directors are required to: select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charities SORP 2019 (FRS 102)- make judgements and accounting estiinates that are reasonable and prudent. state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in tlie financial statements- prepare the financial statements on the going concern basis unless it is inappropriate to presume tliat the charitable company will continue in operation. The trustees are i'esponsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of tl)e cliaritable company and enable thein to ensure that tl)e financial statements comply with the Companies Act 2006, Charities Act (Northem Ireland) 2008 and Tlie Charities (Accounts and Reports) Reglilations (Northern Ereland) 2015. The directOTS are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fi'aud anLI otlier irregularities. The trustees are responsible for the Maintenance and integrity of the corporate financial information included on tlie cliaritable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. In so far as the directors are aware.. there is no relevant audit infonnation of whicli tlie charitable company's auditors are unaii'are. and the directors have taken all steps that tliey ought to have taken to make themselves am'are of any relevant audit infonnation and to establish that the charitable company's auditoi's are aware of tliat inforrnation. INDEPENDENT AUDITORS Jackson Andrews Chartered Accountants has indicated their willingness to remain in office and a resolution for their re-election will be proposed at the forthcoming Annual General Meeting. SMALL COMPANY EXEMPTIONS T]iis report has been prepared in accordance with the special provisions for small companies under Part 15 of the Coinpanies Act 2006. Registered office: Schomberg House 368 Cregagh Road Belfast BT6 9EY Signed by order of the trustees O E Stevenson Director Date: VJ