Ballyrashane Parish Churth Receipts and Payments Account Year Ended 31 December 2025 AppendixA IUnrestrl¢tedl IRestrKitdl (Restrktedl IRe5tr1cl IRestrlctedl Merfe Bal abb P+lother5' nd Union Totsl Total fjeneral Fund Bylldln£ Fund Mlsskn Fund 2025 2024 Recelpts Voluntary Gwin8 Legacies Fundrasl Property Rtlated Income Investment Income Sundry Income Sub Total.. Receipts £38,683.57 £5.498.(Xl £44252.42 £47,115.44 £O.IXI £26,700.91 £296.IXI £624.80 £296.LX) £2,090.CiI £1.334.10 £679.25 £42,786.92 £277.92 £2.367.92 E2,632.50 £1,334.10 £1.254.85 £1,094.71 £1,773.96 £7.781.80 £1,094.71 £SOA124AO £86,110.30 É5.775.92 £296.CQ £70.85 Payments Staff Cost5 Property Cost5 Fundralslng Cost5 £29,296.85 £5.146.84 £2929&85 E25,224.73 £6,671.84 É13.616.93 £o.L £0.00 £1.525.CKI Admlnlstratlon Costs Charltable and Mlsslon Glvln8 Sundry Costs- Mis51on Outreach Sundry Costs- Diocese/ 8allyK MU Sub Total.. Payments £1,501.63 £1.501.63 £1,091.16 £284.lY) £284.00 £1,507.00 £3,057.% £3.057.96 £0.00 £4,364.16 £40,309.48 £273.(> É4.637.16 £4,495.68 £273. É45,449.44 £45,93S.50 £1,525.CiI E284.00 £3,057.96 SurpluslDeflclt foryear Openln balance £2,477.44 £4.250.92 £12. 42,987.11 £821.71 £4,574.96 £40.174.80 £176,525.24 É136,350.44 £181.100.20 É176,525.24 Represented by: Current Account l Year Flxed Terrn Deposlt Account Cash on Hand £157AIJ.09 £153,771.05 £zJ.687.11 £22,754.19 Éo.00 £0.00 £181.1(KI.ZO £176,525 24 On BthalfolTntstees Trustee i: Dats: J2_&.2 Tryst•• 2:
Ballyrashane Parish Churth Statement of Assets and iiabilittes as at 31 December 2025 Appendix A F45 Unrqstrkred fvjr ¥4441 Resivltttd Bamyk MU Funds Gehtval Fund McNabb FId Totsl at 3111212025 T¢xal at 3V12n024 Fund Fund Cash Funds Current Attount DepositAccount Cèsh on Hand Yotsl Cash Ful$ 139,10&51 16.510.16 23.687.11 616.71 821.71 157,413 23.68Y.Ii 153.771.05 22,754.19 IJ9.IM51 40.19727 29&00 676.71 8ZL71 J.Iw20 176.525.24 InvestmentAssets Investments in RC8 Untt Trusts Total Ibwestmtnt AsS¢¥tS 722.31 722.31 o) 66& As$•ts Rttalnqd for the P4dsh's tswn 50. Note$ to ih• Acttyjnts Gle tand. 54A50.O) 54.450. FIKtures and Fittlln85 Ot C05t IExcludln8 herlt8Ée assets) Total A55•ts RetalnEd lor P•rfsh' own ui• 5265.28 7,020.38 o.tyj 59,71529 61,470.38 Other Assets GiftAid Accrued ondcnations ar year Ènd Totwl 6,61L80 6,61L80 6.296.19 6.296.19 Owed to Kildollaih Parlsh lor thared tx en5es. Ttstsi uabl1hll 4.121.35 4,121.15 L610.CI) 1,640.00 Bl. 81.IX) $0.55 s55 S,892.90 5,891Y) 6.768.51 6.768.51 Notes Non- Herftaee Fi<ure5 & Fktlr4S l All wther1ia8eassetsnefyfi¥reS0fl fftUn8S Wtth a Nmlted Ilft span yxh as e¢trif41 equlpmentaNI solt furn15htryare shown ai costln the year ol purchase wihthe Value belng veéuced by 25%1n each subsequent year. All suth assets which are ove15 year5 old are rryarded as haV11ble 4lueand are not IJed kn the Ststement olA$5ets. edte Klld¢lh8h Partsb Hawshareof Youth and ¢)Jireach work£50.55: si•lfu)5ts £3771.9).. Rertory Repalrs £1610.W. MIsslM expen¥es E81.riJ. Administraum c0sts£349.45. Total £5892.90owed by BaltyrashanÈ to Paii5h3t Y/e 3V12125 BallyK MU 3 Thesefimd54re hekl on behaifof Baltyk MU whlth isa BrarKh of the Mottw5' Unhjn dra¥wn8i15 memtr*rsfr¢)m the partsh1ots of Ballyrnshane•rKI Klfvjd8h P•rt5h. The Fu¢)d 1$ hehy EO enablÈthe BrarKh to expensesbytheque. Ott bElwIf0ftheTrtuS Trusige I Trusiee 2 21_L4. 2ts.
Appendix A Notes to thè financial statements for the year ended 31 December 2025 1. Accounting policies Set out below are the pnncipal accounting poliaes which have been adopted in the compilation of the Receipts and Payments Account and the Statement of Assets and Liabilrties. la) Receipts and Payments account All items of income and expendtture included within the R1p1S and Payments Account have been accounted for on a cash reipts basis. (b) Statomont of Assets and Llabllltles li) Assets Mtsined for the Parish'8 own use The assets of the Parish, retained for its own use comprise... Church Building, Graveyard Glebe Land Glebe Hall Fixtures and Fittings The Church bulldlng and Graveyard are deemed to be Heritage assets as defined by the Charit18s SORP {FRS1021. These Heritage assets are not included in the slatemenl of assets and liabilities as infomation on the cost or valuation is not available and such infomiation cannot be obtained at a cost commensurate with the benefft to the user8 of the accounts and to the parish. Glebe Land - 12 1 acres of agricultural land has been included in the stalement of assets and liabilities. This land has been in chur¢h ownership since the 15 century and was retained at the disestablishment of the Church of Irel8nd in 1869. The cost is not available. The va5uation is based on current market values of land for sale in the local area. The land was relained in 1869 to generate income from conacre letting to assist the parish in meeting the cost of the Rector's Stipend. Thi8 obligalion remains. The Glebe Hall was built in 1825. There are no reliable records of the cost of this construction,. valuation for such a building lacks SLfficient reliability. As a result, this building is not recognised in the parish statement of assets and liabilities. The Rectory for Ballyra8hane Parish is shared wrth Kildollagh Parish and, as it is srted closer lo the latter parish, its value has been refleded in the Statement of Assets for Kildoll8gh Parish which is grouped with Ballyrashane The Rectory is also used as a parish office and church repository. Costs incurred in respect of the Rectorylparish Offi are shared equally between Kildollagh Parish and Ballyrashane Parish. Flxtures and fittlng$ The church organ is over 100 years old. There is no liable record of the cost of this item and a valuation approach for such an instrument la¢ks sufficienl reliability. As a result this instrument is not recognised in the statement of assets and liabilities. Church plate and other fixtures and frttings in the church are likewise of such age so that no reliable cost is available and valuation would not be reliable and SO these rtems have been excluded from the statement of assets and liabilities. Aside from the heritage assets above. the cost of other fixtures and fittings and equipment acquired for the church building. or Glebe Hall has already been included in full, (or in the ¢8se of the Rectory I Parish Office - as a half share of the full cost) in the Receipls and Payments account for the relevant years and so are not accounted for again in the Statement
Appendix A cf Assets. Until 2022123 there were no addrtions to fixed assets aside from small ttems already included at cost in previous years accounts most of which have now reached the end of their effective lrfe span. Dunng 2023 a signfficant programme of refurbishmenl took place. Th8 value of the new or replacement rtems added at that time have been included in the statement of assets at cost less 25% to reflect the fact that as each year passes the value of these items is moving towards a negligible amount. (11) Investments Fixed asset investments Comprising investment in RCB unit trusts are initially recorded at cost and then are subsequently stated at fair value at each year end. {iii) Gfft Ald Grft Aid included in the Accounts for the Year Ended 31 December 2025 is as received during the year. Gtft Aid accrued but not claimed by tha year end is included in the Statement of Assets. Claims for Grft Aid are administered via the Representative Church Body IRC8} and are submitted for each lax year On the relevant parish accounts have been finalised. The value shown includes provision for estimated fees chargeable by RC8. Llabllltles (Iv) Owed to Klldollagh Parlsh Th8 total of £5,892.90 was paid in full by Ballyrashane Pansh on 18 February 2026 and represents Ballyrashane's share of Group expenses as detailed in note 2 in the Statement of Assets. 2. Movements In Funds Rtricted Fund• Bulldlng Fund Misslon Fund Balance at 111125 £35,946.35 Incoming Resources £ 5,775.92 Transfer from General Fund £ 0.00 Outgoing Resources £ 1.525.00 £ 296.00 £ 284.00 £ 284.00 Balance at 31112125 £40,197.27 £ 296.00 Restrlctsd Funds Merle McNabb Fund Balance at 111125 £ 925.55 Incoming Resour$ 70.85 Transfer from General Fund £ 2,738.27 Outgoing ReSoUrS £ 3,057.96 BallyK Mothers, Unlon o.oo £ 1.094.71 0.00 £ 273.(X) Balance at 31112125 676.71 £ 821.71 Purpos9$ of Restrfcted Funds Building Fund: This fund is to assist wrth major rna1ntenan, renovation and conservation of the Church building, Glebe hall. Glebe lands and Graveyard. This includes the recurring expenses associated wth graveyard fflaintenan which are substantial given the age and topography of the graveyard. Building Fund is also used to pay Ballyrashane Pansh's share of the major maintenance and improvemerrt costs incurred in respect of the Rectory. The Building fund is subject to regular review to ensure that it is at a level appropriate for the projected needs of the parish.
Appendix A Mission Fund . This is to fund mission and chanty work at home and overseas. Charitable donations to the Churth Mission Society, and the Forces Mental Weware were not made until after the year end and so do not appear in these accounts. The Mission Fund was also used to cover expenses incurred in hosting Rt Revd Wilson Kamani. Bishop of Ibba Diocese, South Sudan. Ibba DI0Se has been supported by Ballyrashane and Kildollagh for over 10 years. These expenses are included in the shared expenses owed to Kildollagh at the year end. During the year Ballyrashane Parish provided Christmas Food Hampers and Care Packs to the elderly. Foodbank donations were also made in addttion to cash donations to charitl8S. Ballyrashane and Kildollagh donated foodstLrfts weighing in eXsS of 200kg as measured by the Foodbank. Donations of toiletries and hygene products were also made to Woman's Aid and to local hospitals. Marle McNabb Fund: This fund commenced duriNJ 2019. It was commenced in memory of Miss Merfe McNabb who dediGated over 60 years to VrkIng with and on beham of children and young people in the parish. The purpose of the fund is to support the parish's work with children and young people wth particular emphasis on their Christian nurture and failh fomation through the work of the Sunday S¢hool. Expenditure for this purpose is included in the amounts owed to Kiklollagh Parish. The fund was supplemented by monèy from the general fund for the purposes of OLrtrea¢h to young peopl8 with little or no church connection. Ballyk Mothers. Union (MUI Fund - This fund was commenced during the year to provid8 the Mothers, Union with the facilty to write cheques. In addition to the funds held by the church on behalf of BallyK MU Ihe branch also held a lotal of £500.50 in cash. 3. Tran•actions wlth th• Tru$t•e8 The Pansh pays no ulility expenses relating to the Rectory with the exception of the domestic rates. This expense is shared wilh Kildollagh Parish on a year about basis. As a tied property the Rectory qualrfies for Domestic Exemplion and District Rale Subsidy. The Rectory, which incorporates the Parish Office, is Occued by the Rector as a condrtion of her office. The Rectory appears as an asset in the Statement of A888t8 of Kildollagh Parish. During the year 2025 8allyrashane Parish's share of the Rectorfs gross Stipend was £19,203.50 less £1,678.95 employee pension contributions. In addrtion the Parish paid locomotory expenses of £3500 and office expenses of £462.50. These sums are in accordance with the minimum level of stipend and expenses payable under the wulations of the General Synod of the Church of Ireland. The Rector meets in full her PAYE liability, NIC and pension contnbutions which are deducted from her gross stipend before payment. Locomolory and Use of Office are treated as round sum allowances and are subjected in full to PAYE and NIC Expenses incurred by th8 Rector, wholly, exclusively and necessarily in the pursuance of her duties vthich wpre in excess of the lo¢omotory and Use of Office allowances amounts yre paid by th8 Rector. No trustee or person related to a trustee had any p8rsonal interest in any contract or transaction entered into by the Parish during the year Vth the exception of a) The Church organist vtho is related to a tnjstee and reiVed £2,400 for playing at all Church services and provKling music for online services. This post was filled 14 years ago after open competition. b) The Glebe land which was let at a commercial rate to one of th8 trustees. This transaction was fully disclos8d to the Diocesan authorities to ensure that the conacre letting represented an am's length transadion. c) The wfe of ane trustee was reimbursed £284.00 for receipted expenses in relation to the purchase of goods for the Christmas hampers. d) One trustee was reimbursed £31 for reIpted expenses rdab'ng to the purchase of weed killer: a second trustee was reimbursed £37.11 for receipted expenses relating to the
Appendix A purchase of cleaning and sanrtary materials and a third trustee was reimbursed £65 for receipted expenses relating to minor repairs to the Bell Tower and graveyard maintenance. 4. Governance Costs No governance costs were incurred durirvJ the year in respect of fees paid to the Independent Examiner who kindly donated her time and expertise to the Parish free of charge. Ballyrashane Parish is extremely grateful for this generous act which it accepts does not establish a precedent.