2025-12-31-accounts

Company registration number NI642096 (Northern Ireland) Charity registration number NIC106313 (Northern Ireland)

LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY

LEGAL AND ADMINISTRATIVE INFORMATION

Directors	H M Bishop
	B A Dorrian
	R S A Gardiner
	Rev M Gibson
	Rev R R Johnstone
	Rev J McClean
	D W C Reaney
	Rev A S Smyth
	Rev J Noble
	H Henning	(Appointed 10 December
		2025)
Secretary	B Dorrian
Country of incorporation	United Kingdom	NI642096
	(Northern Ireland)
Charity registration	Northern Ireland	NIC106313
Principal address	Schomberg House
	368 Cregagh Road
	Belfast
	BT6 9EY
Registered office	Schomberg House
	368 Cregagh Road
	Belfast
	BT6 9EY
Auditor	GMcG BELFAST
	Chartered Accountants & Statutory Auditor
	Alfred House
	19 Alfred Street
	Belfast
	BT2 8EQ
Bankers	Danske Bank
	P.O. Box 183
	Donegall Sq West
	Belfast
	BT1 6JS
Solicitors	Edwards & Co
	3rd Floor
	Sessia House
	61-67 Donegal Street
	Belfast
	BT1 2QH

LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY

CONTENTS

	Page
Trustees' report	1 - 3
Independent auditor's report	4 - 9
Statement of financial activities	10
Statement of financial position	11
Statement of cash flows	12
Notes to the financial statements	13 - 19

LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 DECEMBER 2025

The directors have pleasure in presenting their report and the audited financial statements of the charitable company for the year ended 31 December 2025. The directors have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" (FRS 102) in preparing the annual report and financial statements of the charitable company.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: 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)".

Objectives and activities

Lord Enniskillen Memorial Orange Society provides grants to relieve poverty.

Public Benefits

Children and families in necessitous circumstances are assisted and poverty is relieved.

Families have sufficient resources so that children’s welfare does not unduly suffer due to bereavement, sickness or other causes of poverty/hardship, and the care and development of children is not compromised.

The benefits can be demonstrated from feedback from grant recipients and supporting organisations.

Public benefit

The directors of Lord Enniskillen Memorial Orange Society confirm that they have had due regard for the guidance on Public Benefit by the Charity Commission for Northern Ireland and are pleased to report that during the year the charitable company continued to provide the Public Benefits through programmes and services we offer. In particular, the directors consider how planned activities will contribute to the aims and objectives they have set.

Financial review

Total income for the year amounted to £518,383 (2024 - £464,499).

Total expenditure for the year amounted to £678,083 (2024 - £610,536).

The net deficit for the year before investment gains or losses amounted to £159,700 (2024 - £146,037 net deficit).

The net income for the year after investment gains and losses amounted to £1,183,690 (2024 - net income of £75,925).

Reserves policy

The charity’s policy is to maintain reserves at such a level as limits risks from future downturn in charity income or from increased expenditure in the longer term, including expenditure on fixed assets. This provides sufficient funds to cover running costs which include management, administration and support costs. Free reserves are those unrestricted reserves not designated nor invested in fixed assets which are available for general use. The trustees are particularly conscious that voluntary donations and legacy income cannot be relied on as a continuing and certain source of incoming resources for the future and is also aware of the need to guard against the vagaries of stock market performance.

Principal funding sources

The principal funding is from donations and investment income.

Plans for future periods

The directors envisage there will be no change in the charity’s objectives and activities for the foreseeable future.

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LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

Structure, governance and management

Lord Enniskillen Memorial Orange Society is a charitable company limited by guarantee and does not have any share capital. It was incorporated on 11 November 2016 and registered as a charity with The Charity Commission for Northern Ireland on 5 February 2018.

In the event of the company being wound up members are required to contribute an amount not exceeding £1.

Recruitment, appointment, induction and training

The directors regularly review the requirements of the charitable company and the possibility of a need for additional directors. Any new directors would be appointed by resolution of a meeting of all the directors passed by a majority of those present. Appropriate training and induction is available to all directors.

Risk management

The directors have assessed the major risks to which the charitable company is exposed, in particular those related to the operations and finances of the charitable company, and are satisfied that systems are in place to mitigate an exposure to major risks. Where appropriate, systems or procedures have been established to mitigate the risks the charitable company faces. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures are in place to ensure compliance with health and safety of staff, volunteers, clients and visitors. These procedures are periodically reviewed at least annually to ensure that they continue to meet the needs of the charitable company.

Organisation Structures and related parties

The directors oversee the running of the charitable company. Grand Orange Lodge of Ireland is related to the charitable company.

The directors who served during the year and up to the date of signature of the financial statements were: H M Bishop

S F Brooker (Resigned 10 December 2025) B A Dorrian R S A Gardiner Rev M Gibson O E Stevenson (Resigned 10 December 2025) Rev R R Johnstone Rev J McClean D W C Reaney Rev A S Smyth Rev J Noble H Henning (Appointed 10 December 2025)

Recruitment and appointment of trustees

The directors regularly review the requirements of the charitable company and the possibility of a need for additional directors. Any new directors would be appointed by resolution of a meeting of all the directors passed by a majority of those present. Appropriate training and induction is available to all directors.

Statement of trustees' responsibilities

The directors, who also act as trustees for the charitable activities of #cd2, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the directors to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

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LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

In preparing these financial statements, the directors are required to:

• select suitable accounting policies and then apply them consistently;

• observe the methods and principles in the Charities SORP 2019 (FRS102);

• make judgements and estimates that are reasonable and prudent;

• state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Auditor

GMcG Belfast 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

This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.

Disclosure of information to auditor

Each of the directors has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information.

The trustees' report was approved by the Board of Directors.

H Henning director

16 June 2026

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LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY

INDEPENDENT AUDITOR'S REPORT

TO THE MEMBERS OF LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY

Opinion

We have audited the financial statements of Lord Enniskillen Memorial Orange Society (the ‘charity’) for the year ended 31 December 2025 which comprise the statement of financial activities, the statement of financial position, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

• give a true and fair view of the state of the charitable company's affairs as at 31 December 2025 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;

• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

• have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements 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 evidence 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 concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

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LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The directors are responsible for the other information contained within the annual report. 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 thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

• the information given in the trustees' report for the financial year for which the financial statements are prepared, which includes the directors' report prepared for the purposes of company law, is consistent with the financial statements; and

• the directors' report included within the trustees' report has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the directors' report included within the trustees' report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

• adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

• the financial statements are not in agreement with the accounting records and returns; or

• certain disclosures of trustees' remuneration specified by law are not made; or

• we have not received all the information and explanations we require for our audit; or

• the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the trustees' report and from the requirement to prepare a strategic report.

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LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY

INDEPENDENT AUDITOR'S REPORT (CONTINUED)

TO THE MEMBERS OF LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY

Responsibilities of directors

As explained more fully in the statement of trustees' responsibilities, the directors 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 directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities 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 auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud.

The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

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LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY

INDEPENDENT AUDITOR'S REPORT (CONTINUED)

TO THE MEMBERS OF LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY

Extent to which the audit was considered capable of detecting irregularities, including fraud

We identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and then design and perform audit procedures responsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion.

In identifying and assessing potential risks of material misstatement in respect of irregularities, including fraud and non-compliances with laws and regulations, we considered the following:

• The nature of the industry and sector, control environment and business performance, including the charity’s remuneration policies for directors, bonus levels and performance targets, if any;

• Results of our enquiries of management about their own identification and assessment of the risks of irregularities;

• Any matters we identified having obtained and reviewed the charity’s documentation of their policies and procedures relating to:

• Identifying, evaluating and complying with laws and regulations and whether they were aware of any instance of non-compliance;

• Detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud; and

• The internal controls established to mitigate risks of fraud or non-compliance with laws and regulations;

• The matters discussed among the audit engagement team regarding how and where fraud might occur in the financial statements and potential indicators of fraud.

As a result of these procedures, we considered the opportunities and incentives that may exist within the charity for fraud and identified the greatest potential for fraud in income recognition. In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override.

We also obtained an understanding of the legal and regulatory frameworks that the charity operates in, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included the Companies Act 2006, charities legislation applicable to Northern Ireland and local tax legislation.

In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which may be fundamental to the charity’s ability to operate or to avoid a material penalty.

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LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY

INDEPENDENT AUDITOR'S REPORT (CONTINUED)

TO THE MEMBERS OF LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY

Audit response to risks identified

Our procedures to respond to the risks identified included the following:

• Reviewing the financial statement disclosures and testing to supporting documentation to assess compliance with provisions of relevant laws and regulations described as having a direct effect on the financial statements;

• Enquiring of management concerning actual and potential litigation and claims;

• Performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud;

• Reading minutes of meetings of those charged with governance and reviewing correspondence with tax authorities; and

• In addressing the risk of fraud through management override of controls, testing the appropriateness of journal entries and other adjustments; assessing whether the judgements made in making accounting estimates are indicative of a potential bias; and evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business.

We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. In addition, as with any audit, there remains a higher risk of non-detection of irregularities, as they may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing non-compliance and cannot be expected to detect noncompliance with all laws and regulations.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

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LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY

INDEPENDENT AUDITOR'S REPORT (CONTINUED)

TO THE MEMBERS OF LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Mr Stephen Houston FCA (Senior Statutory Auditor)

For and on behalf of GMcG BELFAST, Statutory Auditor Chartered Accountants Chartered Accountants & Statutory Auditor Alfred House 19 Alfred Street Belfast BT2 8EQ 16 June 2026

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LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY

STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)

FOR THE YEAR ENDED 31 DECEMBER 2025

		Unrestricted	Unrestricted
		funds	funds
		2025	2024
	Notes	£	£
Income from:
Donations and legacies	2	207,929	149,569
Investments	3	310,454	314,930
Total income		518,383	464,499
Expenditure on:
Investment management costs	4	33,563	31,761
Charitable activities	5	644,520	578,775
Total expenditure		678,083	610,536
Net gains on investments	9	1,343,390	221,962
Net income and movement in funds		1,183,690	75,925
Reconciliation of funds:
Fund balances at 1 January 2025		8,968,404	8,892,479
Fund balances at 31 December 2025		10,152,094	8,968,404

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

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LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2025

Notes Fixed assets Investments 11 Current assets Debtors 12 Cash at bank and in hand Creditors: amounts falling due within one year 13 Net current assets Total assets less current liabilities The funds of the charity Unrestricted funds 14	2025 £ £ 9,791,615 2,561 370,467 373,028 (12,549) 360,479 10,152,094 10,152,094 10,152,094	2024 £ £ 8,560,593 3,348 416,652 420,000 (12,189) 407,811 8,968,404 8,968,404 8,968,404	2024 £ £ 8,560,593 3,348 416,652 420,000 (12,189) 407,811 8,968,404 8,968,404 8,968,404
			8,968,404
			8,968,404
			8,968,404

The financial statements were approved by the directors on 16 June 2026

B A Dorrian director

H Henning director

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LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY

STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 DECEMBER 2025

		2025		2024
	Notes	£	£	£	£
Cash flows from operating activities
Cash absorbed by operations	16		(469,007)		(461,785)
Investing activities
Purchase of investments		(1,384,004)		(1,609,593)
Proceeds from disposal of investments		1,496,372		1,595,141
Investment income received		310,454		314,930
Net cash generated from investing activities			422,822		300,478
Net cash generated from financing activities			-		-
Net decrease in cash and cash equivalents			(46,185)		(161,307)
Cash and cash equivalents at beginning of year			416,652		577,959
Cash and cash equivalents at end of year			370,467		416,652

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LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1 Accounting policies

Charity information

Lord Enniskillen Memorial Orange Society is a private company limited by guarantee incorporated in Northern Ireland. The registered office is Schomberg House, 368 Cregagh Road, Belfast, BT6 9EY.

1.1 Basis of preparation

The financial statements have been prepared in accordance with the charity's Memorandum and Articles of Association, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: 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)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of fixed asset investments at fair value. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

The charitable company’s unrestricted funds consist of a General Fund which is expendable at the discretion of the directors in furtherance of the charitable objects of the company. The directors may at their discretion designate funds for specific purposes but the designation does not legally restrict the directors’ discretion to apply the funds.

1.4 Income

All income is included in the Statement of Financial Activities (SoFA) when the charitable company is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.

For donations to be recognised the charitable company will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charitable company and it is probable that they will be fulfilled.

For legacies, entitlement is the earlier of the charitable company being notified of an impending distribution or the legacy being received. At this point income is recognised. On occasion legacies will be notified to the charitable company however it is not possible to measure the amount expected to be distributed. On these occasions, the legacy is treated as a contingent asset and disclosed.

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LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

1 Accounting policies (Continued)

Donated facilities and donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably and the charitable company has control over the item. Fair value is determined on the basis of the value of the gift to the charitable company. For example, the amount the charitable company would be willing to pay in the open market for such facilities and services. A corresponding amount is recognised in expenditure.

No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102).

Where practicable, gifts in kind donated for distribution to the beneficiaries of the charitable company are included in stock and donations in the financial statements upon receipt. If it 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 recognised as a component of donations when it is distributed and an equivalent amount recognised as charitable expenditure.

Voluntary income received by way of donations and gift is credited to revenue on a receivable basis.

Fixed asset gifts in kind are recognised when receivable and are included at fair value. They are not deferred over the life of the asset.

Investment income is interest earned through holding cash at bank. Interest income is recognised when receivable.

1.5 Expenditure

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably.

Where costs cannot be directly attributed to a particular heading they have been allocated to activities on a basis consistent with the use of the resources. Staff costs and overhead expenses are allocated to activities on the basis of staff time spent on those activities.

Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities.

1.6 Fixed asset investments

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 net income/(expenditure) for the year. Transaction costs are expensed as incurred.

1.7 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8 Taxation

The charity is exempt from income tax and capital gains tax to the extent that its income and gains are applied for charitable purposes. No tax charge has arisen in the year.

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LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

2	Income from donations and legacies
		Unrestricted		Unrestricted
		funds		funds
		2025		2024
		£		£
	Donations and gifts	207,929		149,569
	Donations and gifts
	Co Antrim	26,298		21,902
	Co Armagh	16,183		24,990
	Co Down	16,637		17,319
	Co Fermanagh	13,303		12,956
	Co Londonderry	14,762		11,004
	Co Tyrone	29,420		30,144
	Other Co	2,923		3,431
	The Association of Loyal Orange Women	3,435		3,298
	Legacies	66,828		-
	Gift Aid	13,067		10,544
	Other	5,073		13,981
		207,929		149,569
3	Income from investments
		Unrestricted		Unrestricted
		funds		funds
		2025		2024
			£	£
	Income from listed investments	309,247		313,771
	Interest receivable	1,207		1,159
		310,454		314,930
4	Expenditure on investment management costs
		Unrestricted		Unrestricted
		funds		funds
		2025		2024
			£	£
	Investment management costs	33,563		31,761

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LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

5 Expenditure on charitable activities

		Charitable	Charitable
		activities	activities
		2025	2024
		£	£
	Direct costs
	Special grants	48,100	74,975
	Direct grants	209,125	206,250
	Educational grants	321,450	239,150
	Emergency grants	22,100	14,900
	Administration fee to Grand Orange Lodge of Ireland	36,000	36,000
		636,775	571,275
	Share of support and governance costs (see note 6)
	Support	7,745	7,500
		644,520	578,775
	Analysis by fund
	Unrestricted funds	644,520	578,775
6	Support costs allocated to activities
		2025	2024
		£	£
	Insurance	771	748
	Other running costs	1,166	1,570
	Governance costs	5,808	5,182
		7,745	7,500
	Analysed between:
	Charitable activities	7,745	7,500
		2025	2024
	Governance costs comprise:	£	£
	Audit fees	5,346	4,806
	Other financial costs	462	376
		5,808	5,182

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LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

7 Net movement in funds 2025 £ The net movement in funds is stated after charging/(crediting): Fees payable for the audit of the charity's financial statements 5,346 8 Employees The average monthly number of employees during the year was: 2025 Number Total - There were no employees whose annual remuneration was more than £60,000. Remuneration of key management personnel The key management personnel are considered to be the trustees. The trustees neither received nor waived any remuneration during the year (2024: £Nil). The trustees did not have any expenses reimbursed during the year (2024: £Nil).	2024 £ 4,806
	2024 Number -

9 Gains and losses on investments

	Unrestricted	Unrestricted
	funds	funds
	2025	2024
Gains/(losses) arising on:	£	£
Revaluation of investments	998,152	159,519
Sale of investments	345,238	62,443
	1,343,390	221,962

10 Taxation

The charity is exempt from income tax and capital gains tax to the extent that its income and gains are applied for charitable purposes. No tax charge has arisen in the year.

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LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

11 Fixed asset investments

Cost or valuation At 1 January 2025 Additions Valuation changes Disposals At 31 December 2025 Carrying amount At 31 December 2025 At 31 December 2024 Investments at fair value comprise: Bonds Alternatives & Multi- Asset Equities - United Kingdom Equities - Overseas Equities - Global Cash - other instruments 12 Debtors Amounts falling due within one year: Trade debtors Prepayments and accrued income 13 Creditors: amounts falling due within one year Accruals and deferred income

Listed Investments £ 8,560,593 1,384,004 998,152 (1,151,134) 9,791,615 9,791,615 8,560,593 2025 2024 £ £ 1,698,288 1,552,935 1,216,788 1,091,268 2,693,045 2,211,763 2,695,038 2,402,997 1,188,457 1,301,630 300,000 - 9,791,616 8,560,593 2025 2024 £ £ (1) - 2,562 3,348 2,561 3,348 2025 2024 £ £ 12,549 12,189

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LORD ENNISKILLEN MEMORIAL ORANGE SOCIETY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

14 Unrestricted funds

At 1 January 2025 £ General funds 8,968,404 Previous year: At 1 January 2024 £ General funds 8,892,479	Incoming resources £ 518,383 Incoming resources £ 464,499	Resources expended £ (678,083) Resources expended £ (610,536)	Gains and losses £ 1,343,390 Gains and losses £ 221,962	At 31 December 2025 £ 10,152,094 At 31 December 2024 £ 8,968,404

15 Related party transactions

Grand Orange Lodge of Ireland is related to the charitable company.

Lord Enniskillen Memorial Orange Society received a donation of £100 (2024: £100) from Grand Orange Lodge of Ireland and were charged an administration fee of £36,000 (2024: £36,000) by Grand Orange Lodge of Ireland.

No other related party transactions occurred during the year.

16 Cash absorbed by operations Surplus for the year Adjustments for: Investment income recognised in statement of financial activities Gain on disposal of investments Fair value gains and losses on investments Movements in working capital: Decrease/(increase) in debtors Increase in creditors Cash absorbed by operations 17 Analysis of changes in net funds	2025 £ 1,183,690 (310,454) (345,238) (998,152) 787 360 (469,007)	2024 £ 75,925 (314,930) (62,443) (159,519) (937) 119 (461,785)

The charity had no material debt during the year.

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