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Derry Diocesan Trust

Northern Ireland charity NIC105256 · record on the register of charities in Northern Ireland (CCNI) · accounts PDF · all Northern Ireland charities

Latest income
£15.6m
Latest spending
—
Accounts read
FY2024

Website: www.derrydiocese.org

Financial health, per FY2024 accounts

The accounts state that total income for the year was £15,646,837, exceeding total expenditure of £14,149,849 by £1,496,988. The charity holds unrestricted reserves of £5,262,678, with free reserves of £4,640,839 representing 4.68 months of operating expenditure. The trustees consider this level of reserves reasonable to meet immediate financial obligations and plan for future investment requirements.

What the accounts disclose

Employees paid over £60,000: 0
Per FY2024 accounts as filed with CCNI.
Reserves policy: three months of operating expenditure (held: £5.3m)
“The Diocesan Trust aims to hold reserves equating to at least the average amount of operating expenditure for three months as Free Reserves.” — page 10
Per FY2024 accounts as filed with CCNI.
Largest income source: Donations and legacies (76% of income)
“Total income for the year was £15,646,837 of which £13,408,748 was generated by Parishes” — page 10
Per FY2024 accounts as filed with CCNI.
Independent examiner: Moore (NI) LLP
Per FY2024 accounts as filed with CCNI.
Register data and accounts from the Charity Commission for Northern Ireland, used under the Open Government Licence. Automated analysis; the filed accounts are authoritative.