PRS Patton Rainey I Stenson Limited CHARTERED ACCOUNTANTS 8 FtEGISTEREO AUDITORS Registered Charity Number NIC 108023 THE PAROCHIAL SCHOOLS OF THE DIOCESE OF CLOGHER UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 CHARTERED ACCOUNTANTS IRELAND Chartered Tax Advisers actThAties Ihe Unrfed KHwJdorn ty the Inslitirte of Charteied AcLYNJntants in Ir8laThl
THE PAROCHIAL SCHOOLS OF THE DIOCESE OF CLOGHER CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page Contents Trustee, s Report Independent Examiner's Report Income Statement Balance Sheet Notes to the Financial Statements 9-11
THE PAROCHIAL SCHOOLS OF THE DIOCESE OF CLOGHER TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annual report together with the financial statements of The Parochial schools of the Diocese of Clogher. The following Trustees held office during the year and remain in office. If the trustee resined during the year this is stated with the date of resignation along side their name. Rt Rev Dr lan Ellis Glenn Moore Hazel Hunter Rev Kenneth Hall Rev Ian Berry Rev Lorraine Capper Rev Paul Thompson Mrs Florence Brunt Mrs Irene I(nox Mr Henry Robinson Mr Gerard O'callaghan Mr John Graham Revd Canon Jen Mcwhirter Rev Stephen Mcwhirter Mrs Rosemary Barton Resigned 26.09.24 Resigned 26.09.24 Appointed 26.09.24 Appointed 26.09.24 Appointed 26.09.24 The registered office of the Charity is Clogher Diocesan Office, Cathedral Hall. Halls Lane, Enniskillen, BT74 7DR. The Trustees confimi that the Annual report and financial ststements of the Charity comply with the Cent statutory requirements, the requirements of the Charity's governing document and the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued in January 2015. Structure? governance and management Constitution The Charity is registered as a Charity and was constituted on l O February 1892. The Charity is also registered with the Charity Commission for Northern Ireland under number NIC 108023. b. Method of appointment or election of Trustees The management of the Charity is the responsibility of the Trustees who are elected and co- opled by the Diocesan Synod of the Diocese of Clogher under the tern]s of its constitution.
THE PAROCHIAL SCHOOLS OF THE DIOCESE OF CLOGHER TRUSTEES, REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2025 Objectives and Activities Review of activities The Parochial Schools of the Diocese of Clogher is a registered Charity that carries out its purpose in accordance with Schcme 96 framed under the Educational Endowments (Ircland) Act, 1885, Commissioners of Charitable Donations and Bequests, for the future government and management of the Educational Endowments of and belonging to The Parochial Schools of the Church of Ireland Diocese of Clogher, by promoting and encouraging, in thc Church of Ireland Diocese of Clogher, so far as the endowments admit, education and religious education of pupils belonging to the said church. The Charity carries out its purpose through regular Board meetings which oversee the allocation of dividends arising from endowments and also by fulfilling the trusteeship of endowment property. Financial review The Charity is reliant on donations and contributions from its sponsors which for the year ended 31 March 2025 amounted to £14,972 (2024 £15,175). The Trustees consider that the unrcstricted funds of the Charity will enable them to have sufficient resources and assets at their disposal to be in a position to adequately fulfil their obligations. The Charity held £13,956 Cash Reserves at the year end (2024 £13,812). Reserves policy The income of the Charity is considered stable and the risks associated with any significant reduction in income is regarded as unlikely. The Trustees are satisfied that a figure equating to approximately twelve months expenditure is an appropriate level of reserve balance at the present time. Plans for the future . Future developments The Charity intcnds to continue the work it perfornls for the benefit of members and the public in accordance with the ternis of its constitution. Trustees, responsibilities statement The Trustees 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). Charities legislation requires the Trustees to prepare financial statements for each financial year. Under Charities legislation the Trustees must not approve the financial statements unless they are satisfied that they 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 receipts and payments. of the Charity for that year. In preparing these financial statements. the Trustees are required to: select suitable accounting policies and then apply them consistently" observe the methods and principles in the Charities SORP.
THE PAROCHIAL SCHOOLS OF THE DIOCESE OF CLOGHER TRUSTEES, REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2025 make judgments and accounting estimates that are reasonable and prudent. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in operation. The Trustees are responsible for keeping adequate accounting records 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 financial statemcnts comply with the Charities legislation. 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. This report was approved by the Trustees on 16 December 2025. And signcd on their behalf by: *@_ Ctsy Rt Rev Dr lan Ellis Chainnan
PRS Patton Rainey I Stenson Limited CHARTÉREO ACCOUNTANTS & REGISTERED AUDITORS THE PAROCHIAL SCHOOLS OF THE DIOCESE OF CLOGHER INDEPENDENT EXAMINER'S REPORT TO THE CHARITY TRUSTEES OF CLOGHIR DIOCESAN BOARD OF EDUCATION FOR THE YEAR ENDED 31 MARCH 2025 I report on the accounts of the Charity for the year ended 31 March 2025, which is set on page 4. Respective Responsibilities of Charity Trustees and Examiner As the Charity's Trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northem Ireland) 2008. Having satisfied myself that the Charity is not subject to audit under Charities Legislation and is eligible for tndependent ExaminatLOn. It is my responsibility to: examine the accounts under Section 65 of the Charities Act follow the procedures laid down in the general directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Charities Act state whether particular matters have come to my attention Basis of Independent Examiner's 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 Charities Act. My 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 items or disclosures in the accounts. and seeking explanations from you as Charity Trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe: l. That accounting records were not kept in accordance with Section 63 of the Charities Act. 2. That the accounts do not accord with those accounting records. 3. That the accounts do not comply with the accounting requirements of the Charities Act. 4. That there is further infomiation needed for a proper understanding of the accounts to be reached. CHARTERED ACCOUNTANTS IRELAND Chartered Tax Advisers Rstered out audit and regulakny knr a ra of irwesfftnt busw aL1wth5 United lQr¥Jlorn bytr tslitule of chartedACLm)ullts in Irelwxl
PRS Patton Rainey I Stenson Limited CHAR TEREO ACCOUNTANTS a REGISTERED AUDITORS THE PAROCHIAL SCHOOLS OF THE DIOCESE OF CLOGHER INDEPENDENT EXAMINER'S REPORT TO THE CHAIUTY TRUSTEES OF CLOGHER DIOCESAN BOARD OF EDUCATION FOR THE YEAR ENDED 31 MARCH 2025 Independent Examiner's Report I have completed my examination and have no concems in respect of the matters (l ) to (4) listed above and. in connection with following the directions of the Charity Commission for Northern Ireland. I have found no matters that require drawing to your attention. Thomas S Patton FCA Patton Rainey Stenson Liniited Chartered Accountants 6 East Bridge Street Enniskillen Co Fernlanagh BT74 7BT Date: 16 December 2025 CHARTERED ACCOUNTANTS IRELAND Chartered Tax Advisers Regi5Ted carry (rtrt audrt regulated tora rarvJ8 of inves1t t$55 8thiti88 in lh8 Uniled Kirvyth by IT1th ol GharterA0>XlnI8ts in Ireland
THE PAROCHIAL SCHOOLS OF THE DIOCESE OF CLOGHER INCOME STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 Restricted Unrestricted Funds Funds 2025 2025 Total 2025 Total 2024 Income Dividends RCB Cavan monag1) Education & Training Board Bank Interest Received RCB NIE Wayleave Maguiresbridge Play Group NICIFC Gift Aid 1,7l9 1.719 1,700 7,070 93 69 7,070 93 69 7,275 114 64 100 5,918 100 5,918 100 5,919 Expenditure CIPSMA CDBRE (RCB Div) Maguiresbridge Playgroup Bank Fees Dividends to Parishes Honorarium Secretary Honorarium Treasurer Secretarial Expenses Divid¢nds Rockcorry Parish Dividends FiT)ner Parish Ematris Select Vesty Exchange Difference Solicitor Fees Accountancy 45 62 90 98 4,684 500 250 207 217 1,329 6,364 l87 360 960 45 61 95 100 4,944 500 250 181 227 1,389 6,911 271 1,524 360 62 90 98 4.684 500 250 207 217 1,329 6.364 187 360 960 ProfiU(Loss) for the year (336) (336) (1,683)
THE PAROCHIAL SCHOOLS OF THE DIOCESE OF CLOGHER BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restricted Endowment Funds Funds Funds 2025 2025 Total Funds 2025 Total Funds 2024 Investment Assets Investment Properties Investment Funds Total Investment Assets 463,384 271766 463,384 463,384 271766 Cash Funds Current Accounts Total Cash Funds Total Assets Creditors less than l year 749,106 749,106 749,106 74 Reserves Opening Balance Deficit for the year 748,962 336 748.962 750,645 336 Closing Balance The financial statements were approved by th¢ Board of Trustees on 16 December 2025 and were signed on its behalf by: Hazel Hunter- Treasurer
THE PAROCHIAL SCHOOLS OF THE DIOCESE OF CLOGHER NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 I. ACCOUNTING POLICIES These financial statements have been prepared in accordance with Financial Reporting Standard FRS102 "The Financial Reporting Stsndard applicable in the UK and Republic of Ireland" including the provisions of Section l A "Stnall Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost conventions and the accruals basis. Set out below are the principal accounting policies which have been adopted in the compliation of the Profit and Loss Account and the Balance Sheet. (a) Income Statement All items of income and expenditure included within the income statement have been accounted for on an acclS basis. Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities and services to its ben¢ficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. (b) Balance Sheet (i) Assets Retained for the Parish's own use The assets of the Patish. retained for its own use comprise:_ Aghadrumsee School House Aghnamullen School House Currin School House Donacavey School, Dwelling House & Premises Killanny School and Dwelling House Magheracross School House These are deemed to be Heritage Assets as defined by the Charities SORP (FRS102). These Heritage Assets are not included in the Balance Sheet as infomiation on the cost or valuation is not available and such information cannot be obtained at a cost commensurate with the benefit to the users of the accounts and to the parish.
THE PAROCHIAL SCHOOLS OF THE DIOCESE OF CLOGHER IYOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 CONTINUED (ii) Investments Fixed asset investments comprising investment properties, investments in equities and investments in Unit Trusts are initially recorded at cost and are then subsequently stated at fair value at each year end date. Invesmtents in unquoted investments are recorded at cost and are assessed annually for impairnient. Taxation The Charity is exempt from corporation tax on its charitable activities. Fund Accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the Charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 2. TRANSACTIONS WITH THE TRUSTEES Trustees were paid £750 in Honorariums during the year. 3. INVESTMENT PROPERTIES Aghnamullen School Site Clones School House (Female & Infant) Drummully School House Maguiresbridge School House Rockcorry School House 1,684 147,306 21,044 125,000 168 350 463 384 10
THE PAROCHIAL SCHOOLS OF THE DIOCESE OF CLOGHER NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 CONTINUED 4. INVESTMENT FUNDS RCB - General Unti Trust (ROI) RCB - General Unti Trust (NI Nl Ccntral Investment Fund for Charities 64,150 2,382 205 234 271766 5. CURRENT ACCOUNTS AND CASH Unrestricted Restricted Total 2025 Tot21 2024 Bank Account - Euro Bank Account - Sterling Business Reserve Account 9,975 510 9,975 510 9,337 502 6. CREDrroRS 2025 2024 Accountancy due within l year 480 7. MOvE1NT IN RESERVES Total 2025 Total 2024 Opening Balance Income for the year Expenses for the year Closing Balance 748.962 14,972 750,645 15,175