## **BILLY PARISH CHURCH**
**FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025**
**Registered with the Charity Commission for Northern Ireland (NIC 102901)**
## **BILLY PARISH CHURCH RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31ST DECEMBER 2025**
|**RECEIPTS**
Donations and plate collections
Bank interest
Investment income
Other receipts
**PAYMENTS**
Wages and salaries
Diocesan costs
Church running costs
Administration costs
Missions and charities
**Surplus/(deficit) for the year**|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Total**
**2025**
**2025**
**2025**
**2024**
**£**
**£**
**£**
**£**
41,151
5,100
46,251
39,656
305
-
305
300
8,063
1,886
9,949
9,453
1,343
-
1,343
1,357|
|---|---|
||50,862
6,986
57,848
50,766|
||26,405
-
26,405
24,913
9,548
-
9,548
8,808
13,751
-
13,751
14,725
1,167
-
1,167
2,278
-
3,150
3,150
1,850|
||50,871
3,150
54,021
52,574|
|||
||**(9)**
**3,836**
**3,827**
**(1,808)**|
Signed by on behalf of the Trustees:
## Brian Brown
Pam Traill
10th March 2026
## **BILLY PARISH CHURCH STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST DECEMBER 2025**
|**CASH FUNDS**
Current accounts|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Total**
**2025**
**2025**
**2025**
**2024**
**£**
**£**
**£**
**£**
118,612
6,719
125,331
121,504|
|---|---|
||**118,612**
**6,719**
**125,331**
**121,504**|
**BILLY PARISH CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2025**
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 in the Receipts and Payments account have been accounts for on a cash receipt basis.
## **2 Statement of Assets and Liabilities**
## **a)** Assets retained for the Parish's own use
The assets of the Parish, retained for its own use, comprise Church buildings and the graveyard which are deemed to be Heritage assets as defined by the Charities SORP (FRS102). These 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 as a cost commensurate with the benefit to the users of the accounts and the Parish.
## **b)** Investments
Fixed asset investments comprising investments in the Church of Ireland Trust which are initially recorded at cost and then subsequently stated at fair value at each year end date.
## **3 Reconciliation of cash funds**
|Cash funds at 1st January 2025
Receipts for the year
Payments for the year
Cash funds at 31st December 2024|114,785
57,848
(54,021)|
|---|---|
||**118,612**|
## **4 Movement in funds**
|**Restricted funds**
Building Fund
**Unrestricted Funds**
General Fund|**Incoming**
**Outgoing**
**resources**
**resources**
**£**
**£**
**£**
**£**
6,719
-
-
6,719
114,785
57,848
(54,021)
118,612
**At 31st**
**December 2025**
**At 1st January**
**2025**|
|---|---|
||**121,504**
**57,848**
**(54,021)**
**125,331**|
**BILLY PARISH CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2025**
## **(Continued)**
## **5 Donations to third parties**
|Donations to third parties|**2025**
**2024**
**£**
**£**
**3,150**
**1,850**|
|---|---|
These donations are paid from church funds to thrid parties, as approved by the Trustees.
## **6 Transactions with Trustees**
None of the Trustees received any remuneration during the year in connection with their duties, other than reimbursement of expenses laid out by them wholly and exclusively on behalf of the congregation.