NEW accounts from celebrity wedding planner Peter Kelly’s company Weddings by Franc Ltd show that profits for the event management firm more than tripled last year, increasing from €118,642 in 2022 to €428,137 in 2023, a 360% increase.
The accounts show that the company, whose directors are husband and wife team Peter Kelly (aka Franc, pictured) and his wife Eadaoin Morrish, saw its cash reserves increase from €180,000 to €580,000 over the same period.
The accounts state that the company employs six people including the two directors who were paid a total of €157,000 with the director’s remuneration accounting for €78,000. Total assets including plant and machinery, fixtures and fittings, motor vehicles and computers stood at €398,000.
Mr Kelly bought the former Sisters of Mercy Convent in Rosscarbery which was on the market for €400,000 in July 2020. His intention was to convert the 130-year-old local landmark into a tourism attraction as well as a family home. In 2022 a grant of €9,000 was awarded under the Built Heritage Investment Scheme for external joinery repair at the convent.
In July 2022 a meet-and-greet event was held at a local hotel for 39 Ukrainian refugees who, it was confirmed, would be residing at the convent. In August 2022 the government published estimated tender contracts totalling more than €99m for businesses across the country who would be providing accommodation for refugees fleeing the war in Ukraine which indicated an estimated contract worth €622,440 with Weddings by Franc Ltd.
Mr Kelly and Ms Morrish sold their period home in Fermoy which had a guide price of €720,000 in 2022. Mr Kelly became a household name in Ireland hosting several hit shows on RTÉ television including Brides of Franc, Franc’s DIY Brides and Yes to the Dress.
