LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY
STATEMENT OF FINANCIAL ACTivrriES
INCLUDING INCOME AND EXPENDrruRE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestricted Unrestricted
funds
funds
2024
2023
Notes
Incom• from:
Donations and18gacies
Investments
149,569
314,930
148,705
300,854
Total Income
464,499
449.559
Expondlture on:
Inveslmant management costs
Charitable activitie5
31,761
578,775
31,720
487,616
Total •xp•ndlturè
610,536
519,338
Net gainsl(losses) on investments
221,962
{25,078)
Nel Incomo1(•xpendlture) and movam•nt In funda
75,925
(94,855)
Reconclllatlon of fund8'.
Fund balances at 1 January 2024
8,892,479
8,987.334
Fund balanc•g at 31 D•cemb•r 2024
8,968,404
8.892.479
The st8lement of financlal actlvitles includes all galns and losses recognis8d in the year. All income and expendSture
d8rive from continuing activities.
10-

LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
Notes
Flxed a$se¢S
Inveslments
11
8.580,593
8.324.179
Current assèts
Debtors
Cash at bank and in hand
12
3,348
416,652
2,411
577.959
420,000
580,370
Crodltors: amounts falllng duo wlthln
one year
13
(12,189)
(12,070)
Net curr•nt asset•
407.811
568,300
Total a880t818¥8 curront Ilabllltleg
8,988,404
8.892,479
Net assets •xcludlng penslon liablllty
8.968.404
8,892.479
Tho fund8 of the Gharlty
Unrestricted funds
8,988,404
8,892,479
8.968,404
8,892,479
The financial statemant8 were approved by the Diréctors on .. ..
B A Dorri8fi
Dlrector
O E Steven8
Dlr•¢tor
Company registration number N1642096 (Northem Ireland)
11

LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Notos
Cash flows from operatlng actlvftl8s
Cash absorbed by operath￿S
17
(461,785)
{370,592)
Inv•8tlng actlvltles
Purchase of investments
Proceeds from disposal of Investments
Investment income received
(1,609,593)
1.595.141
314,930
(928,832)
961,513
300.854
Nèt Cash g•n•rat•d from Investlng
actlvltlos
300,478
333,73S
Net Cash used In flnanclng actfvltlo8
N•t d•cr•as• In cash and cash equlvalents
(161,307)
(36,857)
Cash and cash equivalents at beginning of year
577,959
614,816
Cash and cash •qulvalant8 at ond of yoar
416,e52
577,959
12-

LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng pollcles
Charlty Inforniatlon
Lord Ennlskillen Memorial Orange Society Is a private company limited by guarantee incorporated In Northern
Ireland. The reglstered office Is Schomberg House, 368 Cregagh Road. Belfast. BT6 9EY.
1.1 Aecountlng conventlon
The financial statements hav8 been prepared in accordance wlth the charrty's Memorandum and Articlos of
Association, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and
Republlc of Ireland" ('FRS 102") and the Charities SORP "Accounting and Reporting by Chariti88.' Statement
of Recommended Practlce applicable to charities preparing their accounts in accordance wth the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effe¢tive 1 January 2019). The
cherlty is a Public Benefit Entity as defined by FRS 102.
The financial 8talem8nts have been prepared under the historical cost conventlon. modlfied to include the
r8valuation of fixed asset Investments at fair value. The prlncipal accounting policies adopted are set out
below.
1.2 Golng con¢em
Al the time of approving the financial stslements, the Directors havo a reasonable expectation that the charity
has adequate resources lo ￿ntInue in operational existence for the foreseeable luture. Thus the Directors
continue to adopt the golng concern basls of accounting In preparing the financlal statements.
1.3 Charftable funds
The charitable company's unrestricted funds consist of a General Fund whlch Is expendable at thè discretlon
of the directors in furtheiance of the charltable objects of the company. The directors may at thglr discretion
designale funds for specific purposes but the designation does not legally restrict Ihe directors, discretlon to
apply the funds.
1A Income
All income is included in the Statement of Financlal Activities (SOFA) when the charitable company is legally
entitled to the income after any performanc8 condltlons have been met, the amount can be measured reliably
and it is probable that the income will be received.
For donadons to be recognised the charitable company wlll have been notified of the amounts and the
S8tt1ement date in writing. If there are conditions attached 10 the donation and this requires a leval of
perfomance before entitlement can be obtained then income is deferred until those conditions are fully met or
the fulfiSment of those conditions is viithln the control of the charitable company and it is probable that they will
be fulfilled.
For legacies. entltlement Is the 8arfi8r of the charltable company belng notified of an impending di51ribution or
the legacy being recelved. At this point income is recognised. On occaslon 18gacies will be notified to the
charitable company however il is not posslble lo measure the amount expected to be dislribuled. On these
occasions, the legacy is treated as a conts'ngent asset and disclosed.
13-

LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng pollcl¢$ (Continued)
Donated facilities and donated professional services are recognised in income at their fair value when their
economSc benefit is probable. it can be measured reliably anil the charitable company has control over the
item. Fair value is delemined on the basis of the value of the gift to the ¢har6table company. For example, th&
amount the charitable company would b8 willing to pay in the open market for such facilities and services. A
corresponding amount is recognised In expendlture.
No amount is included In the financial statements for volunteer time in line with the SORP (FRS 102).
Vvhere practlcable, gifts in kind donated for distribution to the beneficiaries of the charitable company ar?
included in stock and donations Sn the financial statements upon receipt. If il is impracticable to assess the fair
value at receipt or if the costs to undertake such a valuation outweigh any benefits, then the fair value is
re￿gnised as a component of donations when it is distributed and an equivalent amount recognisad as
charitable expenditure.
Voluntary income received by v￿Y of donations and gift Is credited to revenue on a receivable basi3.
Fixed agsel gifts in kind are recognlsad when recelvable and are Included at falr value. They are not deferred
over the life of the asset.
Investment Income Is Interest eamed through holding cash at bank. Interest income 1$ recognised then
recelvable.
1.5 Expendlture
All expenditure is aexounted lor on an accruals basi8 and has been classified under headings that aggregate
all costs related to the category. Expenditure is recognlsed where there is a legal or constructive obligation to
make payments to third parties, it is probable that the settlement wlll be required and the amount of tha
obligation can be maasured ieliably.
Vthere costs cannot be diiectly attributed to a particular heading they have been allocated to activities on
basis conslstenl with the use of the resources. siaff ¢osts ond overhead expenses are allocated to activltles
on Ihe basis of staff tlme spent on those activities.
Fund-ralsing costs are those incurred in seeklng voluntary contributions and do not include the costs of
disseminatlng Information in support of the chariiable activities.
1.6 Flxod asset In￿sIMon19
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are
subsequently measured at fair value at each reporting date. Changes In fair value are recognised In nat
incomel{expenditure) for th8 year. Transaction costs are expensed as Incurred.
1.7 Cash and cash equlvalents
Cash and cash equivalents include cash in hand, d8POSlts held at call with banks, other Bhort-term liquid
investments with original malurities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings In current liabilities.
1.8 Taxallon
The charity is exempt from income tax and capltal gains tax lo the exient that its income and gains are applied
for charitable purposes. No tax charge has arisen In Ihe year.
1.9 Deblors and credllor8 recefvable I payable wlthln on• year
Debtors and creditors with no stated interesl rate and receivable or payable within on8 year are recorded at
Iransaction pri￿. Any losses arising from impalmient are recognised in expenditure.
14-

LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Income from donatlons and legac5es
Unrostrlcted Unie$trl¢tsd
lunds
funds
2024
2023
Donations and glfts
149,569
148,705
Donatlons and glft•
Co Antrim
Co Armagh
Co Down
Co Fermanagh
Co Londonderry
Co Tyrone
Other Co
The Assodation of Loyal Orange Women
Legacies
GiftAid
Other
21,902
24,990
17,319
12,9
11,004
30,144
3,431
3.298
24.839
21.939
17,852
12,621
7,563
37.542
3,710
3,513
3,640
10,772
4,714
10,544
13,981
149.569
148,705
In¢omo from Inv•stm•nts
Unrnstrlctod Unrostrlct•d
funds
funds
2024
2023
Income from listed investmen18
Interest recoivable
313,771
1,159
298,450
2.404
314,930
300,854
Exp•ndfture on ralslng funds
Unrestrlctod Unrestrl¢t•d
funds
funds
2024
2023
Inv8Stment management
31,761
31,720
15-

LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Expenditure on charltable actlvltlwd
Charltable
actlvitles
2024
Charltable
actlvltles
2023
Dlrect costs
Special grants
Dlrect grants
Educational grants
Emergency grants
Administration fee to Grand Orange Lodge of Ireland
74,975
206,250
239,150
14,900
36,000
41.100
217,850
173,500
12,000
36,000
571,275
480,450
Shar• of $upport and governance cost•1so9 note 6)
Support
7,500
7.166
578.775
487.616
Analy918 by fund
Unresirfcted funds
578,775
487,616
Support costs allocalod to acllvltlès
2024
2023
In8ur8nce
Othai running cost8
Governance costs
748
1.570
5,182
739
1,375
5,052
7,500
7,168
Analysod ￿t￿On.
Charitable activities
7,500
7,188
2024
2023
Governance cost8 comprfso:
Audil fees
other financial costs
4,806
376
4,440
612
5,182
5,052
16-

LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED>
FOR THE YEAR ENDED 31 DECEMBER 2024
Not mov•m•nl In funds
2024
2023
The net movement in funds is stated aft¢r charginty(crediting)'.
Fe8s payable for the audit of the charity's financlal statements
4,806
4,440
Employeos
The average monthly number of employees durlng the year was:
2024
Numb•r
2023
Number
Tot•1
Romunoratlon of kéy management personnel
The key management personnel are consldered to be the trustees.
The tru8lee8 neither received nor walved any remuneratlon during the year {2023'. £Nill.
The Iru$tees did not have any expenses reimbursed during the year (2023: £Nil).
Galns and10$80s on Investments
Unre¥trl¢lgd unr￿trICt?d
funds
funds
2024
2023
Galnsl{losses) arising on:
Revaluatlon of investments
Sala of investments
159.519
62,443
7,824
(32,902)
221,962
(25,078)
10 Taxatlon
The Charlty is exempt Irom income tax and capital gains tax to the extent that its Income and gains are applied
for charitable purposes. No tsx charge has arisen In the year.
17-

LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
11 Flxed asset Inveslments
Llstod
Investments
Cost or valuatlon
At 1 January 2024
Additions
Unrealised gain on revaluatlon
Dlsposals
8.324.179
1.609,593
159,519
{1,532,698}
At 31 December 2024
8,560,593
Carrylng amount
At 31 December 2024
8,560.593
At 310ecember 2023
8.324,179
The investments of the Society are managed and held on the Society's behalf by Evelyn Partner8
StockbrokeryJ In the name of Iheir nomlnee company Evelyn Partners Investment Services Limited.
Investment8 are accounted for at the balance sheet date at their fair value In accordance wlih applicable
accounting standards.
2024
2023
Investrnent8 at fair value ¢ompris9'.
Bonds
Aiiwnatives & Muttl. Asset
Equit188- United Kingdom
Equities - Overseas
Equities - Global
1,552,935
1,091.268
2,211,763
2,402.997
1,301,630
1,484,432
1.149,645
2,438,723
1.982,947
1.268,432
8,560,593
8.324.179
12 Doblor8
2024
2023
Amoun18 falllng due wlthln one year:
Prepayments and accrued income
3.348
2,411
13 Cr•ditorn: amounts falllng duo wlthln one y•ar
2024
2023
Accruals and deferred income
12.189
12,070
18-

LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
14 Unr¢strlctgd funds
At 1 January
2024
Incoming
resou￿￿$
Rosourcos
expended
Galns and
lossos
At31
Dacembor
2024
General funds
8,892,479
464.499
1610,536)
221,962
8,968,404
Prevlous y•ar:
At 1 January
2023
Incomlng Rosourc•s
rn*ourc•$
oxponded
Galns and
Ios888
At31
DKomber
2023
General funds
8,987.334
449.559
(519.3361
125,078)
8,892,479
15 Analy*l$ of not a88•ts b•twe•n funds
Unr08tr1cted
funds
2024
At 31 DK•mb•r 2024:
Investmenis
Current assetsllliablllties)
8,560,593
407,811
8,988,404
Unr•strl¢ted
funds
2023
At 31 Docember 2023:
Investments
Current assetsllliabib'tles)
8,324,179
568.300
8,892,479
16 Rolatod party transactlon8
Grand Orange Lodge of Ireland is related to the charitabla company.
Lord Enniskillen Memorial Orange Society received a donation of £100 {2023.. £100) from Grand Orange
Lodge of Ireland and were charged an adminlstration fee of £36.000 (2023.. £36.000} by Grand Orange Lodge
of Ireland.
No other related party trdnsactions occurfed during Ihe year.
19-

LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
17 Cash generatod from operations
2024
2023
Surplusl(defiot) for the year
75,925
(94.855>
Adjustments for..
Investment Income recognised in statement of financial activities
(Galn)Iloss on disposal of inv8stm8nts
Fair value gains and losses on inveslments
(314,930>
(62,443)
(159,519)
(300,854}
32,902
(7,824)
Movements in worklng capital..
{Incre8se)Idecrease in debtors
Increasel(decrease) in creditors
(937)
119
169
(130)
Cash absorbed by op•ratlons
(461,785)
(370.5921
18 Analy$l8 of changas In not funds
The charity had no material debt during the year.