Charlty reglslratlon number 102110 (Northern Ireland)
BELVOIR PARISH CHURCH
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025

BELVOIR PARISH CHURCH
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr Gordon Smith
Mr Kenneth Wilson
Mr Richard Rea
Mr Eric Hudson
Mr Christopher Scott
Mr Alan Brown
Ms T Haylett
Ms Helen Livingston
Mrs Wendy Boal
Mrs Marion Thompson
Mr Kenneth 8oal
Ms S Thompson
Ms L Taylor
Mr Roland McKane
Rev E Rutherford
Mrs J Sherwood
Mrs V Clark
(Appointed 20 April 20251
(Appointed 20 April 20251
Charlty reglstration
Northern Irel3nd
102110
Principal address
21 Dun5everick Avenue
Belfast
BT8 7EB
Independent examiner
Moore Braniff
2 Beechill 8usiness Park
96 Beechill Road
Belfast
Northern I￿land
BT8 7QN
Bankers
Dan5ke Bank
Donegall Square West
Belfast
Northern Ireland
BTI SJS

BELVOIR PARISH CHURCH
CONTENTS
PaEe
Trustees report
Independent examiner's report
Statement of flnanclal activltles
Bal3nce sheet
Notes to the financial 5t3tementS
7-16

BELVOIR PARISH CHURCH
TRUSTEES REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
The trustees present their annual report and financial statements for the year ended 31 Decernber 2025.
The account5 have been prepared in accordance with the accounting policies set out in note I to the account5 and cornply
with the parish's constitution, the Charities Act INI) 2008 and the Statement of Recomrnended Practice, The Charities
(Accounting 3nd Reports) Regulation INI) 2015.
Objectives and activities
The Church of the Transfiguration, Belvoir, more commonly known as Belvoir Parish Church, supports the advancernent of
the Christian religion by promoting through the work of the Parish the whole mission of the Church,. pastor31, evangelistic,
social and ecurnenical. Being open to and engaging with Society and offering sUPPOrt for those needing help 15 fundarnental
to the practical delivery of the tenets of Christianity.
As a result of activity in pursuit of the advancement of the Christian religion, Belvoir Parish Church has custody of a large
body of records, materials 3nd artef3Cts of significance to the cultural heritaBe, the maintenance of which is undertaken by
the Select Vestry of Belvoir Parish Church as a secondary charitable purpose.
Publ1¢ Beneflt
The Trustees hav& given careful consid&r3tion to the Charity Commission for Northern Ireland's guidance on public benefit
to ensure that the activities entered into during the year have helped to achieve the Parish's objectives and attivities, as
well as providing public benefit, ReEular worship has grown into three service each week, all of different styles. Thursday
tnorning has grown to nearly thirty people Imostly in the over 605 aBe group) and incorporate5 lunch and other attivities.
Thi5 ha5 become a focal point for connection with the elderly of both parish and comrnunity. Our church centre 15 Used by
variety of organisations during the week and, increasingly, by the wider community for social events. children's k>irthd8ys.
and even some training events and meetings. Booking is through an online form on the Parish website.
Access to Church properties is restricted for public safety to n8med key holders and Belvoir Parish mitigates potential harm
from activities by implementing S3fegu3rdinB Trust, the Church of Ireland's Child Protection Policy.
Achlevements and performance
Staff..
Catherine Car50n, Susie Garvey Williams (started February 20241. Paul Jzrdine (left October 20241 and Jennifer
Stew8rt Iretired May 20241.
The staff team also includes.. Carson Bell (working twenty hours per week on a voluntary capacitvl.
Highlights of e3ch of the above include larnong the many other 3spects of their work and ministry)
Paul Jardine- restructuring our finances into an annual budget
Catherine Carson- Kit's Place (carers and toddlersl has reached its capacity of 35 toddlers.
Susie Garvey Williams- youth work continued to grow with weekly events 9-14s on Sunday mornings, 11-16s on Sunday
nights.
Carson Bell- the Bike Workshop continues to meet refugee need.
Social Outreach
W& have continued to major outreach responsibilities during 2024.
l. The Larder- we continue to contribute financially.
2. All Nations Ministries- at least half of the Board of All Nations Ministries is from 8elvoir Parish, as well as somo of the
volunteers. The work is in North Belfast among asylum seekers and refugees. Providing care, clothes, contacts, furniture,
and cultural guidance are among the areas to which we contribute. The bike workshop is also mentioned above.
3. We continued to support people in need by giving grants.

BELVOIR PARISH CHURCH
TRUSTEES REPORT {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Financial review
Finances are managed by the Honorary Treasurer who distributes and p￿SentS a financial report to the trustees at our
tnonthly Select Vestry meetings. The Parish opetstes three accounts
a General Account, a Building Fund Account and a
Mission Account.
Total income for the year was £255,38012024.. £253,486) with tot31 expenditure of £224,36912024.. £233,508) with
surplus being generat&d of £31,01112024.. £19,978).
Funds held in the Parish bank accounts at the year end totslled £123,50512024.. £78,265).
The Rector is paid directly by the Parish, receiving Stipends, locomotory allowance, and expen5e5 of office in accordance
with figures approved by the General Synod of the Church of Ireland. From 18 September 2024 the Rector is paid via the
RCB, and the fund5 debited directly by Diocese of Down & Dromore.
It 15 the policy of the parish that unrestricted fund5 which have not been de5iEnated for a Specific use should be rnaintained
at a level equivalent to three month's core costs. Th& trustees considers that reserves 8t this level will ensure that, in the
event of 3 significant drop in funding, they will be able to continue the parish's current artivities while consideration is
given to Wa￿ in which 3ddition31 funds may be raised. This level of reserves has been maintained throughout the year.
fjoln8 Con￿rn
Considering the above and current year budget5 the Trustees are sat15fied that there are adequate funds in place to ensure
that the parish c8n continue its activities and the financial statements for the year ended 31 December 2025 can be
approved as a going concern.
The trust&es have ass&ssed the major risks to which the parish is exposed, 3nd 8r& satisfied that systems are in place to
mitlB3te exposure to the major risks.
Structure, governance and management
Governing Document and Constitution of the Charity
Chapter111 of the Constltution of the Church of Ireland governs parlshes and parochSal organlsatSons. The Select Vestry
tnernbers a￿ the Charity Trustees.
The trustees who served during the year and up to the date of signature of the financial statetnents were..
Mr Stephen McKinty
(Retired 20 April 20251
Mr Gordon Smith
Mr Kenneth Wilson
Mr Richard Rea
Mr Eric Hudson
Mr Christopher Scott
Mr Alan Brown
Ms T Hayl&tt
Ms Helen Livingston
Mrs Wendy Boal
Mrs Marion Thompson
Mr Kenneth Boal
Ms S Thompson
M5 L Taylor
Ms R Patton
Mr Roland McKane
Rev E Rutherford
Mrs J Sherwood
Mrs V Clark
(Resigned 20 April 20251
(Appointed 20 April 20251
(Appointed 20 April 20251

BELVOIR PARISH CHURCH
TRUSTEES REPORT {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Recrultment and appolntment of Select Vestry lTrusteesl
All ￿eMberS 01 the Church of Ireland who are over the age of eighteen and are either resident or accustomed members tsf
the congregation may register a5 rnember5 of the General Vestry of the Parish, allowing them to attend and vote at
meeting5 of the General Vestry and to Stand for election to the Select Vestry. Meeting5 of the General Vestry are held at
least once 8 year. The Select Vestry is elected at this meeting. Select Vestry members will hold their position for one year
and may be re-elected annually. There is no limit on the number of terms which may be served.
The Annual Easter Vestry IAGMI was re-instated in its usual c81endar location in the two weeks before or after E8St&r.
Clergy
Rev Emma Rutherford (Rector) (Started 18 Sept&mb&r 20241
Prlnclpal Offlce-bearers
Church Treasurer Mr Eric Hudson,. Honorary Secretary Mrs Ruth Patton,. Rector's Churchwarden Mrs Wendy Boal.,
People's Churchwarden Mr Eric Hudson,. Rector's Glebewarden Mr Richard Rea,. People's Glebewarden Mr Ken Wilson.
Other service providers who are not Trustees
Independent Examiner,. Alan Moore, Moore Braniff Chartered Accountants
Banker5,' Danske Bènk
Or8anisational Structure
The Select Vestry is responsible for the day to day management of the furnishings, fabric finance of the Parish. It is
generally chaired by the incumbent (Rectorl and by the Area Dean during vacancy. Special rneetings may be convened at
any time by the chairperson or churchwardens.
The Trustee5 report was approved by the Board of Trustees.
Mr Eric Hudson
Trustee
Dated.. 22 March 2026
Rev E Rutherford
Trustee
Dated..22 March 2026

BELVOIR PARISH CHURCH
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF BELVOIR PARISH CHURCH
I report on the fin8ncial 5tstements of the parish for the year ended 31 December 2025, which are set out on page5 5 to 16.
Respe¢tlve ￿spOnsIbIlItIeS of charlty trustees and examlner
The charity's trustees are responsible for the preparation of the accounts. The charity's truste&s consider that an audit is not
required for this year under section 65131 of the Charities Act INI) 2008 (the Attl and that an independent examination is
needed.
I report in respect of my examination of the parish'5 financial 5tatem&nts carried out under section 65 of the 2008 Act. In
C3rryinB out my &xamination I h8ve followed 311 the 8pplicable Dir&ctions given by the Charity Commission under section 65191
of the 2008 Art.
Basis of independent examiner's report
I have examined your charity financi31 statements as required under section 65 of the Charities Act INorth&rn Ireland) 2008
and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern
I￿land under section 6519llbl of the Charities Act. The examination included a review of the accounting records kept by the
charity and a cotnpari50n of the financial staternent5 presented with those records. It a150 included consideration of anv
unusual items or disclosures in the financial 5tatetnents, and seeking explanations from you as charity tru5tee5 concerning any
such matters.
My role 15 to State whether any rnaterial matter5 have corne to rny attention giving me cause to believe that..
l. Accounting records were not kept in accordance with section 63 of the Charities Act (Northern Irelandl 2CO8.' or
2. The financial statements do not accord with those accounting records.. or
3. The financial statements do not comply with th& accounting requirements of the Charities Act INorthern Ireland)
2008,. or
4. There is further information needed for a proper understanding ol the financial statements to be reached.
Independent examinerf5 Statement
Since the parish's gross income exceeded £250,000 your examiner must be a member of a body listed in section 65151 of the
2008 Act. I confirm that l am qualified to undertake the exarnination because l am a member of Chartered Accountants
Ireland, which 15 one of the listed bodie5.
I have completed my examination and I have no concerns in respect of th& matters111 to141 listed above and, in connection
with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawinE to
vour attention.
Moore Braniff
2 Beechill Business Park
96 8eechill Road
Belfast
BT8 7QN
Northern Ireland
16 March 2026

fn io o)
Ln o r

BELVOIR PARISH CHURCH
BALANCE SHEET
AS AT31 DECEMBER 2025
2025
2024
Note5
Flxed assets
T3ngible assets
13
342,181
345.092
Current assets
Debtors
Cash at bank and in hand
15
6,000
123,505
6,0(K)
78,265
129,505
111,3181
84,265
Credltors: amounts falllng due wlthln one year
16
Net current 35sets
118,187
84,265
T¢)tsl assets less Cyr￿nt Ilabllltles
460,368
429,357
The funds of the parish
Restrirted income funds
18
20
340,000
84,725
35,643
340,000
62,592
26,765
Unrestricted funds- general
Unrestricted fund5- designated
19
460,368
429,357
The financial statements were approved by the trustees on 22 March 2026
Mr Eric Hudson
Trustee
Rev E Rutherford
Trustee

BELVOIR PARISH CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Accounting policies
Charliy Informailon
Belvoir Parish Church is a member of the Church of Ireland..
1.1 Basi5 of preparation
Th& fin3ncial statements have been prepared in accord3nce with the p3rish's governing document, the Charities Act
(Northern Ireland) 2008, FR5 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" and
the Charities SORP 'A¢coJntin£ and Reporting by Charities.. StatÈment of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable In the UK and Republic of
Ireland IFRS 1021 The parish is 3 Public 8enefit Entity a5 defined by FRS 102.
The parish h3s taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.
The financial statements are prepared in sterlin& which is the functional currency of the parish. Monetary amounts in
these fin8ncial statements are rounded to the nearest £.
The financial staternents have been prepared under the historical cost convention, Imodified to include the revaluation
of freehold properties and to include investment properties and cert3in financial instruments at fair ￿lue1. The
principal accounting policies adopted are set out below.
1.2 Golnz toncem
At th& time of approving the financial statements, the trust&es have a reasonable expectation that the parish has
adequ3te resources to continue in operational existence for the foreseeable future. Thus the trustèes continue to adopt
the going concern basis of accounting in preparing the financial statements.
1.3 Charliable funds
Unrestricted funds are available for use at the discretion of the truste&s in furtherance of their charitable objectives.
Restricted funds are Subject to specific condition5 by donor5 or grantor5 as to how they may be used. The purpose5 and
Uses of the restricted funds are Set out in the notes to the financial 5t3tement5.
Endowment funds are subject to specific conditions by donors that the capitsl must be maintained by the parish.
1.4 Income
Income is recognised when the parish is legally entitled to it after any performance condltions have been met, the
arnounts can be measured reliably, and it 15 probable that income will be received.
Cash donations are recognised on rèceipt. Other donations are recognised once the parish has been notified of the
donarion, unless performance conditions require deferral of the amount. Income tax recoverable in relation to
donations ￿ceiVed under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the parish has been notified of an impending distribution. the amount
is known. and receipt is &xpected. If th& amount is not known. the leg3cy is treated as 3 contingent asset.
1.5 Expenditure
Expenditure is accounted for on an accruals basis and has been ¢lassified under headinES that aggregate all cost related
to the cateEory. whe￿ costs cannot be directly attributed to particular headings they have been allocated to activities
on a basi5 COn515tent with the use of resources.

BELVOIR PARISH CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
A¢¢ounting policies
(Continued)
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or ￿lUatIOn, net of depreciation
and any impairment losses.
Depreciation is recoEnised $0 as to write off the cost or valuation of assets less their residual values over their useful
lives on the following bases..
Land and building5
Plant and machinery
Not depreciated.
25% Straight Line
The gain or1055 arising on the disposal of an asset 15 deterrnined as the difference between the sale proceeds and the
carrying value of the asset, and 15 recognised in the Statement of financial activities.
1.7 Impairment of fixed assets
At each reporting end date, the parish reviews the carrying amount5 of its tangible as5et5 to determine whether there is
any indication that those a55ets have Suffered an irnpairment Ios5. If any such indication exists, the recoverable amount
of the a55et 15 estimated in order to deterrnine the extent of the impairment Ios5 lif anyl.
1.8 Cash and cash equivalents
Cash and cash eouivalents include cash in hand, deposits held at call with banks, other short-term liquid investments
with original tnaturitie5 of three months or le55, and bank oVerd￿ft5. Bank overdraft5 are shown within borrowings in
1.9 Financial instruments
The parish has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12'0ther Financial
In5trurnents155ue5' of FRS 102 to all of it5 financial instruments.
Financi31 instruments are recognised in the parish's balanc& sheet when the parish becornes party to the contractual
provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial ststements, when there is a
legall¥ enforceable right to set off the recognised amounts and there Is an Intentlon to settle on a net basis or to reallse
the asset and settle the liability 5irnultaneou51y.
Busi¢Ainunciulassets
Basic financial a55et5, which include debtors and cash and bank balances, are initially measured at transaction price
including transaction costs and are subsequently carried at amorti5ed cost Using the effective interest method unless
the arrangement constitut&S 8 financing tr8nsaction, where the transaction is measured 8t the pres&nt V81ue of the
future receipts discounted at a market ￿te of interest. Financi31 assets classified as receivable within on& year are not
amortised.

BELVOIR PARISH CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
A¢¢ounting policies
(Continued)
Baslcfinunclulliubllltles
Basic financial liabilitie5, including creditors and bank loan5 are initially recognised at transaction price unles5 the
arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the
future payments discounted at 8 m8rket rate of interest. Fin8ncial liabilities c18S5ifi&d as pay8ble within one year are not
amortised.
Oebt insrrurnents are subsequently carried at amortised cost, using the effective Inte￿$t rate method.
Trade creditor5 are obligation5 to pay for good5 or services that have been acquired in the ordinary course of operations
from supplier5. Amount5 payable are classified as current liabilitie5 if payrnent 15 due within one year or less. If not, they
are presented as non-current liabilities. Trade creditors are recognised initially at tran58Ction price and subsequently
measured at amortised cost using the &ffective interest method.
Derecognition offinonciul liobilities
Finantial liabilities are derocognised when the parish's contractual obligations expire or are discharged or cancelled.
1.10 Employee beneflts
The cost of 8ny unused holid8y entitlement is recognised in the period in which the employee's services are received.
Termin2tion benefits are recognised immediately as an @xpense when th& parish is demonstrably committed to
terminate the employment of an employee or to provide termination benefits.
1.11 Retirement benefit5
P3yments to defined contribution retirement benefit schemes are charged as an @xpense as they fall due.
Crltl¢al a¢¢ountlng estlmates and ludgements
In the application of the parish's accounting policies, the trustees are required to make judgement5, e5timate5 and
assumptions 3bout the carrying amount of 8sset5 and liabilities that are not re8dily apparent from other sources. The
estimates and associated 3ssumptions are based on historical experience and other factors that are considered to be
relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting esrimates are
recogni5ed in the period in which the estimate 15 revised where the revision affect5 only that period, or in the period of
the revision and future periods where the revision affects both current and future period5.
Income from donations and legacies
Unrestricted Unrestricted
funds
funds
general deslgnated
2025
2025
Total
Unrestricted Unrestricted
funds
funds
general deslgnated
2024
2024
Totsl
2025
2024
Donations and gift5
173,526
29,013
202,539
183,199
29,071
212,270

BELVOIR PARISH CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Income from othertrading activities
Unrestrlcted
funds
designated
20Z5
Unrestrlcted
funds
designated
2024
Fundraising events
52,061
40,684
Other income
Unrestricted
fund5
20Z5
Unrestricted
funds
2024
Other inmme
780
532
Expendlture on Charltable artlvltles
Charitable
expenditure
Charitable
expenditure
2025
2024
Project Costs
All Nations, Larder and Kunda projects
Lunch Bunch & Mea15 Food Support projects
Cornmunity Project5 and other donation5.
All Nations Harvest project
Summer Madness Funding
50,114
840
27,455
2,073
19,912
515
1.580
9,791
187
1,219
62,151
51,535
Share of support and governance costs (see note 71
Support
Governance
160,206
1,722
179,890
1,764
224,079
233,189
Analysls by fund
Unrestricted funds general
Unrestricted funds- designated
158,979
65,100
194,123
39,066
224,079
233,189
10-

BELVOIR PARISH CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Support C05t5
Support ¢05t5 Governance
2025
2024
Staff costs
Depreciation
Travelling e¥penses to India
Repairs and maintenance to Church and rectory
Church running costs frorn general funds
Diocesan Dfund
Adtninistration costs
Programme costs
Sundry expenses
100,644
2,911
5,081
9,394
16,970
14.422
3,920
6,487
377
100,644
2,911
5,081
9,394
16,970
14,422
3,920
6,487
377
88,153
3,581
41,366
17,237
13,678
3,989
8.886
3,000
Audit fees
1,134
588
1,134
588
1,056
708
Accountanry
160,206
1,722
161,928
181,654
Analysed between
Charitable activities
160,206
1,722
161,928
181,654
Net movement in funds
2025
2024
The net rnovernent in funds is stated after charBingllcreditingl'.
Fe&s payabl& to th& ch3rity's independent examiner".
for the independent examination of the charity's financial statements
for other financial services
Oepreciation of owned tangible fiyed assets
1.134
588
2,911
1,056
708
3,581

BELVOIR PARISH CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Trustees
The Parish paid expenses of £1,03712024-£35,8S71 relating to the running costs of Gleb& House which is occupied bv
the Rector.
Payments We￿ made by the Parish during the year either to or on behalf of the Incumbent or Curates, being in respect
of stipend paid, locomotory expenses, office allowance made in accordance with approved rates by the RC8, These
amounts are included in the Staff C05t5 tota15 in note 9.
Pension contributions made regarding the Incumbent or Curates in 3ccordance with approved rates by the RCB. These
amounts are included in the Other pension costs total in note 9.
The Parish also reimbursed the Trustees E12,15412024.. £2,927) for items purchased by them on behalf of the Parlsh.
The Parish returned £7,080 of donations received from Tru5tee512024.. Nil) as the donations were restricted and the
project they related to could not be completed.
No Trustee received remun&r3tion for their services as a Trustee to the Church.
io
Employees
The avera8e monthly number of employees during the year was..
202S
2024
Number
Number
Employment costs
2025
2024
Wages and salaries
Other pension c05ts
93,142
7,502
81,688
6,465
ICM),644
88,153
The number of employees whose annual remuneration was less than £60,0(M) is as
follows..
2025
Number
2024
Number
Employees with salaries below £60,000
12-

BELVOIR PARISH CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
li
Other expenditure
Unrestrltted Unrestrlcred
funds
funds
general designated
2025
2025
Toial
Unrestrlcted Unrestrlcted
funds
funds
general designated
2024
2024
Total
2025
2024
Financing costs
179
iii
290
192
127
319
12 Taxation
The church is registered as a charity with HMRC, registration number XN83371.
13 Tangible fixed assets
Land and
bulldlngs
Plant and
ma¢hln8ry
Total
Cost
At l January 2025
340.000
21.165
361.165
At 31 December 2025
340,000
21,165
361,165
Depreciation and impairment
At l January 2025
Depreciation charged in the year
16.073
2,911
16.073
2,911
At 31 December 2025
18,984
18,984
Carrying amount
At 31 December 2025
340,000
2,181
342,181
At 31 December 2024
340,000
5,092
345,092
14
Herltage assets

BELVOIR PARISH CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
14
Heritage assets
(Continued)
Assets retalned for the Parlsh's own use
The asset5 of the Parish, retained for its own use compri5e'.-
Church Building
P3rish Centre
Glebe House
Fixtu￿ and fittings
The Church Building 15 deemed tts be a Heritage asset a5 defined by the Charities SORP IFR51021. Thi5 Heritage asset is
not included in the Staternent of Assets and Liabilitie5 a5 inforrnation on the cost or valuation 15 not available and such
information cannot be obtained at a cost comrnen5urate with the benefit to the users of the accounts and to the Parish.
The Parish Centre is physically attached to the Church as such is not sep3rable as an individual asset. As such it is
deemed to be a Heritage asset and no value is ascribed to it in the Statement of Assets and Liabilities.
The Church Rectory is included in the attounts at tost. No depreciation has been provided on the Church Rectory as
the current estimated residual value is not le55 than its carrying value and the rernaining useful life currently exceed5 50
years.
Fixture and Fittings (where cost is over £5.0001 are recognised at cost and are depreciated on a straight line basis over
period of 4 years.
15
Debtors
2025
2024
Amounts falling due within one year:
Prepayments and accrued income
6,0(Kl
6,000
Oebtors at the year end related to a Gift Aid clairn for 2025..£6,00012024.. £6,000) donations of to be lodged with HM
Revenue and Customs.
16
Creditor5'. amounts falling due within one year
2025
2024
Other creditors
11,318
17
Retirement benefit schemes
2025
2024
Deflned contrlbutlon schemes
Charge to profit or loss in respect of defined contribution schemes
7.502
6,465
Th& parish operates a defined contribution pension scheme for 311 qualifying employees. The assets of the scheme are
hÈld separately from those of the parish in an independently administored fund.
14-

BELVOIR PARISH CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Restricted funds
Restricted funds
At l January At 31 December
2025
2025
Rectorv
340,0(KJ
340,000
Prevlous year-
At l January At 31 December
2024
2024
Rectory
340.000
340,000
19
Unrestricted funds- designated
These are unrestricted funds which are material to the parish's activities.
At l January
2025
Incoming
resour￿5
Resources
expended
Transfers At 31 December
2025
Designated
26,765
81,074
165,2111
16,9851
35,643
Previous year-
At l January
2024
Incomin8
re50urce5
Resources
expended
Transfers At 31 December
2024
Designated
8,332
69,755
139,1931
112.1291
26,765
20
Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject
to sperific conditlOn5 by donors and grantors as to how they may be used. These include designated funds which have
been set aside out of unrestricted funds by the trustees for specific purpose5.
At l January
2025
Incomin¥
resour￿5
Resources
expended
Transfers At 31 December
2025
General fund5
62,592
174,306
1159,1581
6.985
84,725

BELVOIR PARISH CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
20
Unrestricted funds
(Continued)
Previou5 year:
At l January
2024
Incoming
resources
Resour(e5
expended
Transfers At 31 December
2024
eneral funds
61,047
183,731
1194,3151
12,129
62,592
Designated Funds at the year end of £35,64312024.. £26,765) are held for five purposes..
Number 3 account at the year end contained £23.51312024.. £22.5071.
Missions and other projects £12.85412024.. £2.9801
Harv&st £65912024.. £Nill
Christm3s meals appe31 £012024..£Nill
India appeal £IO,00012024..£19,5271
Number 2 account at the year end contained £12.13012024.. £4,258).
21
Analysis of net assets btheen funds
Unrestricted
fund5
general
202S
Unrestricted
funds
deslKnated
202S
Restricted
funds
Totsl
2025
2025
At 31 December 20Z5..
T3ngible assets
2.181
82,544
340.0(X)
342,181
118,187
35,643
84,725
35,643
340,0(X)
460.368
Unrestricted
funds
general
2024
Unrestricted
funds
deslgnated
2024
Restricted
lunds
Totsl
2024
2024
At 31 December 2024..
Tangible a55etS
Current assets/lllabilltSesl
5,092
57,500
340,OLK)
345,092
84,265
26,765
62.592
26,765
340,0(M)
429,357
22
Related party transathions
There were no disclosable related party tran5action5 during the year12024- none).
16-