Ballyrashane Parish Churth
Receipts and Payments Account
Year Ended 31 December 2025
AppendixA
IUnrestrl¢tedl IRestrKitdl (Restrktedl IRe5tr1c￿l 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
F￿45
Unrqstrkred
fvjr
¥4441
Resivltttd
Bamyk MU
Funds Gehtval
Fund
McNabb
FI￿d
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 uabl1h￿ll
4.121.35
4,121.15
L610.CI)
1,640.00
Bl.
81.IX)
$0.55
s￿55
S,892.90
5,891Y)
6.768.51
6.768.51
Notes
Non- Herftaee Fi*<ure5 & Fktlr*4S
l All wther1ia8eassetsn￿efyfi￿¥reS0f￿l 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 haV1￿￿1ble *4lueand are not I￿￿Jed kn the Ststement olA$5ets.
edte Klld¢lh8h Partsb
Hawshareof Youth and ¢)Jireach work£50.55: si•lfu)5ts £3771.9).. Rertory Repalrs
£1610.W. MIsslM expen¥es E81.riJ. Administraum c0sts£349.45. Total £5892.90owed by
BaltyrashanÈ to Paii5h3t Y/e 3V12125
BallyK MU
3 Thesefimd54re hekl on behaifof Baltyk MU whlth isa BrarKh of the Mottw5' Unhjn
dra¥wn8i15 memtr*rsfr¢)m the partsh1o￿ts of Ballyrnshane•rKI Klfvjd￿8h P•rt5h. The Fu¢)d
1$ hehy EO enablÈthe BrarKh to expensesbytheque.
Ott bElwIf0ftheTr￿tuS
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 R￿1p1S and Payments Account have
been accounted for on a cash r￿eipts 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
R￿tricted 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 ReSoUr￿S
£ 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 DI0￿Se 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 eX￿sS 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 V￿rkIng 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 Occu￿ed 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 y￿re 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 V￿th the exception of
a) The Church organist vtho is related to a tnjstee and re￿iVed £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 re￿Ipted 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.