Che Barish of[Christ][ Church,][Kilmore]
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Trustees’ Annual report and Statement of Receipts and Payments and Assets and Liabilities
For the year ended 31%* December 2025
Charities Number: NIC 102534
Parish of Christ Church Kilmore
Annual report and financial statements for the year ended 31t December 2025
Contents
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|---|---|---|---|---|---|
|Pages|
|References|and|administrative|details|of the Church|1-2|
|Trustees’|report|3-5|
|Independent|Examiners|Report to the Trustees|6|
|Receipts|and|payments|account|7|
|Statement of assets and|liabilities|8|
|Notes to the financial|statements|9-12|
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Parish of Christ Church Kilmore
References and administrative detaiis
Charity Name: Parish of Christ Church Kilmore
Charity Registration Number: NIC 102534
| Contact Address: | Revd. Dr. Claire Ayiward |
|---|---|
| 22 Church Road | |
| Downpatrick | |
| BT30 9HR | |
| Trustees | |
| Revd. Dr. Claire Aylward | |
| Mr Mervyn Boyd | |
| Mr Jim Burell | |
| Mrs Leanne Fitzsimmons | |
| Mr David Mollan | |
| Mr Dermot Nesbitt | |
| Mr Reginald Nesbitt | |
| Mr Geoffrey Norris | |
| Mr Norman Stewart | |
| Mrs Lorraine Steenson | |
| Mrs Violet Stockdale | |
| Mrs Margaret Whyte | |
| Principal Office-bearers | |
| Clergy: | Revd. Dr. Claire Aylward |
| Church Secretary | Mr Geoffrey Norris |
| Church Treasurer: | Mr Norman Stewart |
| Church Warden- Clergy: | Mrs MargaretWhyte |
| Church Warden - People: | Mr David Mollan |
| GlebeWarden - Clergy | MrJim Burell |
| Glebe Warden — People | Mr Mervyn Boyd |
| independentExaminer |
Ivan Shannon & Co 39 Church Street Ballynahinch BT24 8AF
Bankers
Danske Bank 49-51 Market Street Downpatrick BT30 6LR
2
Kilmore Parish Church Income and Expenditure Account 2025
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|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Notes|||Unrestricted|||Designated|Restricted|Total|2025|Total|2024|
|£|£|£|£|£|
|[Receipts|
||||legacies|||1|i|£112.20|£28.08|||£3,953.57||||£4,104.05|£3,682.38|
||__||Donations|and|Plate Collections|£42,581.41||——-sss—ss||~£1,104.19|||£43,685.60|£35,499.70|
||||Receipts from General Trustees|£1,616.89|£50.55|||£1,667.44|£1,763.03|
||__||Appeals|||4|||||£268.68 ||£2,468.68|£2,967.50|
||||__|4,300.00Grants|
||__||Bank and Deposit|Interest|£115.80;|||||£115.80|£159.69|
||__||Dividends Received|6|||£940.20{ sd|£927.72|||£1,867.92|£1,850.20|
||||OtherRental of Receipts Premises and Land|8|||£1,880.00|£450.00|||£2,725.00||———~*'|£60,784.54||£63,959.54~~—s«£1,880.00|£16,262.25£4,487.00|
|Total income and Endowments||||£47,706.70||| £2,803.63|||£69,238.70|||£119,749.03|||£70,971.75|
|pPayments|
||||__||[Administration]|||||8577/2553|||edeotai ||——£1,342.67|
||||Salaries and Wages|£28,299.60||£80.00|||_ £28,379.6|£11,190.56|
||||Diocesan Costs/Assessment|£4,020.00||—s_—i||£4,020.00|£4,236.00|
||||Church Running Costs|£7,992.30| =i|£364.29|||_£8,356.59|£12,362.20|
||||||||CharitableGlebeRectory Land Running CostsDonations Costs|||15|| =—is|£2,081.83£23456;||sisd||~—s«€68.68 3,090.00| |||—«£5,171.83£2,468.68£234.56|£17,544.23£31,872.50£2,079.65|
||||OtherGraveyard ExpenditureCosts||fs£908.10} ss2,305.00|||||~s«£13,462.593,255.00||||£14,371.695,560.00|£15,297.05£1,920.00|
|Total Payments||||44,973.16|||£2,305.00]|£22,975.90|||£70,254.06|||£97,844.86|
|Excess of|Recei|P|bef|
|Transfersepee|A|Rep ver|Payments:|Detar|£2,733.54|£498.63|||£46,262.80|||£49,494.97||(£26,873.11)|
|[TransfersSB.|£409.29|| _ (£893.32)|£0.00|£0.00|
|TransfersEAORs|CYof|REDEi|Ove|P.Rayment ater|£3,217.57|£907.92|||£45,369.48||£49,494.97||(€26,873.11)|
|Balance Brought|Forward|£41,088.03|(£2,717.98)|£59,126.54|£97,496.59|£124,369.70|
|Balance carriedForward|£44,305.60|(£1,810.06)|||£104,496.02|||£146,991.56|£97,496.59|
|On|Behalf|of the Trustees|
|Priest|in Charge|Revd.|Dr.|Claire Aylward|LA.|ov.2&|
|Honorary|=|
|Treasurer|Mr.|Norman Stewart|Se|(a sok,|2G|
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7
Statement of Assets and Liabilities as at 315 December 2025
|Unrestricted | Designated
Restricted
Endowment
Total
Total|
|---|
|Funds
Funds
Funds
Funds
Funds
Funds|
|2025
2025
2025
2025
2025
2024|
|£
£
£
£
£
£
GashFunds
TC
COC(‘CSéSCOCdSC‘“‘(‘(SNC#”S
|| CurrentAccounts
|
=«£44,305.60 | (£1,810.06) | £104,496.02| ——~«|-£446,991.56| £97,496.59
Total
CashFunds
£44,305.60 | (£1,810.06) |£104,496.02— £146,991.56 | £97,496.59
investmentassets
|
TTC
™~—sSOC“(RNSNCOC#SO®CNCNCNCS
|__| Fundsheldon DepositbyRCB Stt0055]Ss 8,200.55| £42,713.31
[Endowment investments
—+|_——~Ssd|SSCS~dCSSSdST 208.25| £10,203.28 | —£9.708.90
Total InvestmentAssets
|81,400.55| £10,203.25| £41,303.80 |_£51,203.02||
|AssetsretainedfortheParish’sOwnuse
|=
|
|
CSC‘(NSN UC
[Rectory|
=«S=s«#£800,00.00 |SSS
~C«800,00.00 | £300,00.00
||
GlebeLand
|
£1100,00.00] ————SS=«&s«£ 200,000.00 | £100,000.00
|| Fixturesand Fittings
|827,009.02 |SY
s«£27,009.02| £27,009.02
TotalAssetsRetained
|
427,009.02 |——SS=S£427,009.02 | £427,009.02|
|Tote
s—s—~—‘;‘sSCC*~CSCSCSCSSSC#€444,305.60 | (€1,820.06)|£562,605.59 |
£10,203.25| £645,304.38 | £576,927.82|
|On Behalf ofthe Trustees|
|PriestinCharge
Revd.Dr.ClaireAylward Muu liu
(Aol.2G
HonoraryTreasurer
Mr. Norman Stewart
Woe A
(R.o. 2G
.|
|Note:|
|Danske Bank
£82,991.56|
|Department ofCommunities NI CentralInvestment Fund forCharities
£64,000.00|
|£146,991.56|
The Current Value of holdings with Department of Communities NI Central Investment Fund for Charities is £69,489.40
8
Notes to the financial statements for the year ended 31% December 2025
1. Accounting policies
Set out below are the principal accounting policies which have been adopted in the compilation of the Receipts and Payments Account and the Statement of Assets and Liabilities
-
1) Receipts and Payments Account All items of income and expenditure included within the Receipts and Payments Account have been accounted for on a cash receipts basis.
-
2) Statement of Assets and Liabilities a) Investments and Bequests i) Proceeds of sale (1) The proceeds of sale of various church assets are held on deposit by the Representative Church Body or invested in RCB unit Trust which generate income for the Church. The monies held may be released to the church for specific capital purposes with the approval of the Diocese and the RCB. Some of this income has already been drawn down for Church and Graveyard projects. Sale of Glebe Cottage £25,625.75 (RCB Unit Trusts) Sale of Sightlines at Glebe Cottage £5,474.80 (RCB Unit Trusts)
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ii) Bequests (1) Bequests made to the church are held as units invested with either the Representative Body General Unit Trust, the Church of Ireland Trustees or the Northern Ireland Central Investment Fund for Charities administered by the Department of Communities. Units are initially recorded at cost and are then subsequently stated at fair value at each year end date. The interest only is passed to the Church with Unit growth being reflected on the statement of Assets and Liabilities
Bequests comprise:-
-
(a) Donations and Bequests held by RCB which generate income for general or specific purposes for the Church (b) Bequests held with the Charity Branch of the Department of Communities which generate income for general purposes of the church.
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(c) Bequests held by the Church of Ireland Trustees which generate income for general or specific purposes for the Church.
The fair value of each holding as at 315* December 2025 was:RCB Investments £4,911.75 Department of Communities £1,762.23 Church of treland Trustees £3,529.27
b) Assets retained for the Parish’s own use
The assets of the Parish, retained for its own use comprise:-
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(1) Church Building and Graveyard
-
(2) Parish Hall
-
(3) Glebe House (Rectory)
-
(4) Glebe Land
-
(5) Fixtures and fittings
-
(a) The Church Building and Graveyard are deemed to be Heritage assets as defined by the Charities SORP (FRS102).These Heritage assets are not included in the statement of assets and liabilities as information 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.
-
(b) The Parish Hall was built in 2008. There are no reliable records of the cost of this construction/ acquisition and valuation approach for such a building lacks sufficient reliability. As a result this building is not recognised in the parish statement of assets and liabilities.
9
-
Notes to the financial statements for the year ended 31%* December 2025 (continued)
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(c) The Glebe House (Rectory) was built in 2002 and has been valued by an independent expert as at 31* December 2016. It is not intended to depreciate this asset. The Building was erected and is maintained jointly with Inch Parish Church but the full value is carried in the accounts of Christ Church Kilmore and no value is recorded in the Accounts of Inch Parish Church.
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(d) The Glebe Land comprises 22.6 acres and is let out to conacre and was valued by an independent expert as at 31%t December 2016.
-
{e) There were no records available to value Fixtures and Fittings and as their value was negligible the accounts have begun to recognise new fixtures and fittings with a value in excess of £2,000. As such the Church Organ which has been installed is valued at cost of construction of £27,009.02.
-
-
Reconciliation of Cash Funds
Total Cash Funds at Beginning of the Year £97,496.59 Receipts for the Year £119,749.03 Payments for the Year £70,254.06 Total Cash Funds at end of Year £146,991.56
Represented By Cash at Bank £82,991.56 Deposited with Central Investment Fund for Charities £64,000.00
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3. Movement in Funds
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| 3. Movement in Funds |
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|---|---|---|---|---|---|
| At 1%Jan | Incoming | Outgoing | Transfers | At31% Dec | |
| 2025 | Resources | Resources | 2025 | ||
| £ | £ | £ | £ | £ | |
| Endowment Funds | |||||
| Endowment Funds | - | - | - | - | - |
| Unrestricted Funds | |||||
| General Fund | £41,088.03 | £47,706.70 | £44,973.16 | £484.03 | £44,305.60 |
| £41,088.03 | £47,706.70 | £44,973.16 | £484.03 | £44,305.60 | |
| Designated Funds | |||||
| Graveyard Fund | - | £2,803.63 | £2,305.00 | (£498.63) | - |
| Sound System | (£2,717.98) | - | - | £907.92 | (£1,810.06) |
| (£2,717.98) | £2,803.63 | £2,305.00 | £409.29 | (£1,810.06) | |
| Restricted Funds | |||||
| CAP | - | £25,288.08 | - | - | £25,288.08 |
| Eliza Robinson Charity | £9,706.67 | £3,201.17 | - | - | £12,907.84 |
| Eliza RobinsonEndowment | - | £907.92 | - | (£907.92) | - |
| Flowers | - | £130.65 | £130.65 | - | - |
| Foodbank | £48,913.45 | £17,296.08 | £9526.59 | - | £56,683.34 |
| Graveyard Capital Works | - | - | £3,255.00 | - | (£3,255.00) |
| Priority Fund | - | £1,500.00 | £1,514.60 | £14.60 | - |
| Rectory Fund | (€£11,321.46) | £14,411.46 | £3,090.00 | - | ~ |
| Rejuvenation Fund | - | £2,755.00 | £914.39 | - | £1,840.61 |
| Renewal & Repair Fund | £11,653.34 | £1,279.66 | £1,995.00 | - | £10,938.00 |
| Special Collections | - | £2,468.68 | £2,468.68 | - | - |
| Youth Fellowship | £174.14 | - | £80.99 | - | £93.15 |
| £59,126.54 | £69,238.70 | £22,975.90 | (£893.32) | £104,496.02 | |
| TotalFunds | £97,496.59 | £119,749.03 | £70,254.06 | - | £146,991.56 |
10
Notes to the financial statements for the year ended 31°t March 2025 (continued)
Purposes of Endowment Funds
None held by the Church, all by independent bodies
| Purposes ofDesignated Funds | |
|---|---|
| Graveyard Fund | This is a fund to assist with the cost of maintaining the Graveyard and |
| those with allocated graves contribute to the upkeep ofthe graveyard | |
| Sound System | TheSound systemwas upgraded some years ago and the cost is being |
| meet overa number ofyears bythe Eliza Robinson Endowment Fund | |
| Purposes ofRestricted Funds | |
| CAP (Christians against Poverty) | As stated in the financial reviewthis isfunds held on behalfofCAP until |
| the establishment of a local approved debt centre. | |
| Eliza Robinson Charity | This is an independent charity established by order ofcourt forthe |
| benefit ofthe Parish of Kilmore. The Rector is named as Honorary Chair, | |
| Eliza Robinson Endowment | This is an independent charity established by order of courtforthe |
| benefit ofthe Church of Ireland Parish of Kilmore. The Rector is named | |
| as Honorary Chair. | |
| Flower Fund | Thisfund was established tohold contributions tothe Church forflower |
| displaysand isthe cost offlowers purchased bythose who make the | |
| arrangements is reimbursed from this fund. | |
| Kilmore and inch Foodbank | Afoodbank operatesfrom Kilmore Church Hall and donations and goods |
| are received from acrossthe area and food is distributed by volunteers. | |
| The Foodbank has its own independent committee. | |
| Graveyard CapitalWorks | Workwas required at the graveyard to put in footings for headstones. |
| An application was made tothe RCB to drawdown funds to do this work | |
| which has been approved. | |
| Priority Fund | Grant received to run a community outreach event. |
| Rectory Fund | The Rectorywas rented outon a short-term lease duringthe |
| interregnum and the income is being used to meet some ofthe work | |
| identified bythe diocesan surveyor. Work is now complete, and monies | |
| have been drawn down from the sale ofthe old rectory which was being | |
| held in unit trusts bythe RCB. | |
| Rejuvenation Fund | A Rejuvenation Grantwas awarded bythe Diocese ofDown and |
| Dromoreto assist the Parish which was experiencing a challenging time. | |
| Renewal and Repair Fund | TheTrustees have set asidefundsforthe maintenance ofChurch |
| Property and parishioners make specific contributions tothefund | |
| Special Collections | All collections forspecial purposes such as Poppy appeal, bishops appeal |
| etc. are collated into this fund priorto disbursement. | |
| Youth Fellowship | Agrantwas received fromthe Dioceseto assist in development ofyouth |
| withintheChurch. |
11
Notes to the financial statements for the year ended 31°t March 2025 (continued)
4. Transactions with the Trustees
| Thefollowing | amountswere received by Church Trustees forgoods or services purchased bythem forthe use ofthe Church. | amountswere received by Church Trustees forgoods or services purchased bythem forthe use ofthe Church. |
|---|---|---|
| Rev. Dr. Claire Aylward | £961.39 | |
| MrJim Burrell | £287.56 | |
| Mr Norman Stewart | £330.41 | |
| Mrs Margaret White | £82.00 | |
| Mrs Lorraine Steenson | £201.00 | |
| MrMervynBoyd | £15.34 |
The Parish is responsible for payment of 50% of the Rectors Stipend, administration and Locomotory expenses.
No trustee or a person related to a trustee had any personal interest in any contract or transaction entered into by the charity during the year.
5. Governance Costs
No Governance costs were incurred during the year as the independent examiner provided services free.
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