St Paul's Parlsh Church, Klldollagh
Receipts and Payments Account for the Year Ended 31 December Z025
Appendix A
(Restrktedl
Chiktven's &
(Restricted)
yO￿h
Mi55ion &
Mlnlstry
Iunresrrktedl IRtstrfttedl Outre•th IRe5trlrtedl Gathe￿d
General Futtd
euilding Fuhd
Fund
Path Cr•fr•￿ Mlnlsirl•s
Tot•1 2025
Totsl 2024
R•celpts
Voluntary GI￿￿&
Le8acles
Fundralsing
Property Related Income
Sundry Income
Investment Income
Parlsh Crafter5
SubTotal.. Reeelpts
63.952.¢
6.026.40
IL￿.
70rnAO
69.456.04
990.00
10,525.98
4.998.75
280.00
86.250.77
6.768.51
8.228.32
2,296.¢xi
34.459.05
43.52a.56
218.32
164.th)
122.374.28
J64.(Q
J64.
78,948.83
8,702.40
Ico.(
34.459.05
P•yrnnts
Staff Costs
Property Costs
Charitable Attlvltles
Adminlstratlon Costs
Sundry C05t5- Dlocesan
Assessment
34,849.55
8.096.29
34,849.$5
17.699.75
20,479.30
1.961.87
34,831.62
13.327.62
11,109.2S
2,132.21
9.603.46
184.LKI
20,295.30
1,961.87
6,099.C%l
6.099.00
5,504.04
Sundry Costs Mlseellaneous
Parlsh Crafter5
SubTotil.. PiymeNs
292.5)
292.50
142.50
501.99
67,549.23
51.299.21
9.603.46
184.0)
20,295.30
81.381.97
SurpluslD•fktt for Ye¥
Openln8 Balance
CIosln8 B•l4nr•
27.649.62
.￿1.[
164.C
14.163.75
4OJ92.31
255.263.09
296,255.40
18.701.54
236,561.5S
255,263.09
Repres•rrted Bv:
Danske 8ank Charlty Account
Danske Bank Fixed Term Account
Cash in hand (Church)
Cash Sn hand (Parish Crafttrsl
95,471.J3
55.207,32
2{￿,(￿.00 2￿,l￿.0)
564.30
219.77
296255.40
55.77
255.263.09
On 8?￿N0fT￿$t¢¢s
Trustee I
D•t• 21-ty.2
Tnmtee Z

Kildollagh Parish Church
ststement of Assets and Liabilities as at 311)ecember 2025
App￿dIX A
yiii
CNldreths &
Ythrth Vlntstry"
Gathered
MithistsiÈs FurMI
Fu￿$
B￿ld1
Fund
Fwds
Total •t
31112125
Total at
3111212024
Gerwal Fw)d
tash Funds
Danske Bankcharw AI¢
Dan5ke 8ank Fixed Tem) Alt
Cash In Hand
Total Cash Fuhds
63.888.33
167.887.21
I5.(￿.[￿1
32.112.79
20.C
827.31
15.755.69
95,471.33
2(M).(￿.[￿l
784.07
55,207.32
2(K),OW.00
55.77
219.77
232.119.84
47,lJl.79
1,047.08
15,755.69
294255.40
255,263.09
In¥estmeffl Assets
Investments in CIT UnitTrusts
Investments in RCB Unir Tnjsts
Tot•1 InvÈstm¢ntAs*ts
159.61
9.663.89
9023.so
155.66
8,865.00
9.020.66
A¥¥•ts. IrKome re¢efvoble
Owed by 8¥lllntoy Parfth
Owed by Boll
shan• P¥lth
Glft Ald accvutd donatlons ￿ y
•nd.
163.05
163.0S
5.842.35
50.55
5m2.90
6,768.51
20.023.74
20￿2*?4
19,72S.08
Asstts ft¢tsin¢d forth Parfth's
Rertory
Other Assets- Non Heritage
Tot*1 ￿1+#ts R•tal￿dIOrP•rl￿'l owth
175.1)XJ.ts)
4.657.46
175,Cth.fp)
6,033.LX)
oo
179,657.46
181,033.Cll
Uabllttl
Owed to Baltyr•th•ne P•rl¥h for th•red
expenses
Tot41 Uabllrthl
o.
om
o.oo
ofy)
ox
Not•s
Children's & YLKrth Mini4try Fund
Owed to KiklolLi8h Pad5h
Tht5 fund asGathertd Mknlstth Is a reco8nlsed Pionee* Minlstryofthe Church of
IrÈland and is operared by Kildolla8h Parish in Partnership wth Sfx other Church of Irelond
arishes. At the￿r tnd Bjllintoyand Bal￿Sha￿e P¥rishe50wed a lotal ol£Z13.f4Jto
fjathereed Mlnistrtek Theseamountswere recelved ty Kildolla8h in January /February
2026
Owed by Balwshne Parfsh
The total 01 £s.892.￿¢Md ty BJltyrIsha￿to KMdolWlorYle 31112125 comprise5
0￿$¢and1￿8 Gathpred expenses oF£50.55 and 8•llyTah3nes' share of parochlalgroup
expenses totalllng £5.842.35 reprewting&aflcosts£377I.￿. Rectoryrepwr c05ts£1640,.
mihi%tnthX CQstsQ49..45and Mts$￿n share tosts £81.
Other Assests- Non Herh8t
I ￿n-herItage as￿5 Mmelyfixtures arKI IIttknBwiih a limited lrfe wn suth •5
electrk31 e4uipementand soft fvrn15hlngs are shown at C05t htheyearof purchase wf(h
the value bel￿ redvcett ￿ 25 % in e*h subsequent year. All suth assetswhKh are ¢)ver
5 yearsokl are rewdedas hav*)8 Suth a valueand are not incwed inthe
Statemertofknet5.
On behallolth•7rustWS
21-￿-2￿

Appendix A
Notes to the financlal 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.
la) Receipts and Payments account
All items of income and expenditure included within the R8CeiPts and Payments Account
have been accounted for on a cash receipts basis.
(bl Ststernent of Assets and Liabilities
{1) Assets retalned for the Parlsh's own use
The assets of the Parish, retained for its own use comprise.'-
Church Building and Graveyard
Parish Hall
Rectory
Fixtures and Fittings
The Church bullding and Graveyard are deemed to be Heritage assets as defined by the
Chanties SORP {FRS102). These Heritage assets are not included in the statement of
assets and liabilities as infomiation on the cost or valuation is not available and such
information cannot be obtained at a cost commertsurate ￿ryth the benefrt to the Users of the
accounts and to the parish.
Th8 Parlsh Hall is a porta-cabin building It is a temporary building and as its cost was
accounted for in full thr¢x￿h the Receipts and Payments Account for the year in which it
was acquired, it has not been accounted for again through the Statement of Assets.
The Re¢tory is recognised at deemed Cost, being the eskn'mated fair value of the property at
£175,000. No depreciation has been provided on the glebe house as the current estimated
residual value 18 not less than rts carrying value and the remaining useful life cu￿entlY
exceeds 50 years. The Rectory also accommodates the Pansh Office and church
r8POSltory Costs inCu￿ed in respect of the RectorylParish Office are sha￿d equally
between Kildollagh Parish and Ballyrashane Parish.
Fixtures and fitting8
The church organ is an electric organ purthased over 20 years ago. There is no reliabk8
record of the cost of this item and a valuation approach for such an instrument lacks
sufficient reliability. As a result this instrument is not recognised in the ststement of assets
and liabilities. Church plate and other fixtures and ffftings in the church are of such age that
no reliable cost is available and valuation would not be reliable and so these items have
been exduded from the statement of assets and liabilrthqs.
Aside from herrtage assets referred to above, the cost of fixlures and fittings and equipment
acquired for the church building or Parish Hall in more re￿nt times has already been
included in full in the Receipts and Payments account for relevant years and so are not
accounted for again in the Statement of Assets. As these rtems were all smaller ekctrical
equipment rtems purchased over five years ago their value is now negligible. However,
during 2023 new AV equipment, and upgraded sound equipment was added to the church
as was a new carpet to a previously uncarpeted area. The value of these assets is
reflerted in the Statement of Assets at cost less 50%. to reflect the fact that as each year
passes the value of these items is moving towards a negligible amount.

Appendix A
(li) Investments
Fixed asset investments comprising investment in RCB unrt trusts and CIT Unit Trust
are initially recorded at cost and then are subsequently stat8d at fair value at 8ach year
8nd.
{111) Gathered Children's and Youth Minlstry- Amounts ow8d by other Parlshes
See below for a full explanation of the Gathered- Children's and Youth Ministry Fund.
At 31 December 2025 Kildollagh was owed a total of £213.60 by Ballyrashane and
Ballintoy Parishes as shown on the Statement of i .ssets. The outslanding amount was
deared by payments received during January anc February 2026.
(Iv)Gift Ald
Gfft Aid included in the Accounts for the Year Ended 31 December 2025 is as received
during the year. The value of Grft Aid accrued by the end of 31 Decèmber 2025 is
shown in the Statement of Assets. The amount shown is net of estimated fees
chargeable by the Representative Church Body.
{v> Ow8d by 8allyrashane Pari$h Church
The total of £5,892.90 was paid in full by Ballyrashane Parish on 25 February 2026 and
represents Ballyrashane's share of Group expenses and Gathered expenses as
detailed on the Statement of Assets.
2. Movemonts In Funds
Gathered
Chlldren's &
Youth Minl8try
203.00
£ 34,884.65
871.18
Restrlcted Funds
Building
Fund
Balance at 111125
£ 48.034.25
Incoming Resources £ 8,702.00
Tra￿ter frrxn GerÉral FU￿ £
0.00
Transler to Building Fund £
0.00
Outgoing Resources £ 9.603.46
Mission
Fund
Parlsh
Crafters
£ 883.08
£ 328.40
0.00
£ 73.40
£ 91.00
0.00
£ 100.00
£ 184.00
0.00
£ 184.00
£ 20,203.14
Balance at 31112125 £ 47,132.79
£ 100.00
£ 1047.08
£15,755.69
Purpo808 of Roslrlcted Fund8
Bulldlng Fund: This fund is to assist with major maintenance, renovation and conservation
of the Church building, Parish Hall, Graveyard and Rectory. This inciudes the recurring
expenses associated Mth graveyard maintenan￿ which are substantial given the age and
topography of the graveyard. During the year outstanding grant funding of £1450.00 was
received in respect of major repair work undertaken in 2023. Plans and Fermissions have
been lodged wth the Representative Church Body to indicate the intention of the Select
Vestry to commence major renovation of the churth roof vthen sufficient funding becomes
available. A quinquennial inspection by a qualified building and conservation surveyor was
undertaken during the year. This report confimed that ongoing mainlenance is extending
the lrfe of the thurch roof to allow time lo secure the necessary funds to complete the
renovation work. Other essential rnaintenancE works in respect of the church and the
rectory will be undertaken over the next 5 years in line wilh the report's recommendations.
Costs incurred in respect of the Rectory are shared equally with Ballyrashane Parish. The
Building fund is subject to regular review to ensure that rt is at a level appropriat8 for the
projected needs of the pansh as set out in the quinquennial report.

Ap￿ndiX A
Mission & Outreach Fund . This is to fund mission and charity work at home and
overseas. The urgent nature of mission and charrty needs means that the balance in this
fund is usually spent by the end of each year wth any shortfall in special collections being
made up from the unreserved General Fund.
Cash Charltable D(￿at10Th$
Royal British Legion
CMSI - Ibba Appeal
Total
22.C(I
500.¢J)
522.00
Food bank donations were made in addition to cash donations to charities. The estimate valu8 for
both Ballyrashane and Kiklollagh was £458 in tems of food rtems donated.
Parlsh Crafters Fund . This fund relates to a fellowship group who exercise a prayer
ministry for the sick and utilise their craft skills to support the work of the parish. and other
chantable activities. In addition to the Fund held by the Church in the Danske Bank Charity
Account totalling £827.31 the Group ended the year h￿th cash in hand of £55.77. During
the year the Parish Crafters transferred £500 from their fund to the church building fund as
a Contribution tovmrds their use of the hall.
Gathered . Children's and Youth Mlnistry Fund." The scope of children's and youth
work extends beyond Kildollagh parish and into the communty. In addition to funding
children's ministry in the parish, this fund also finan¢es Gathored Mlnlstrfe8 whith seeks
to reach children, young people and their families with little or no church connection and 18
undertaken in partnership with six other Church of Ireland Parishes. This project is
ognised as a Pioneer Ministry by the ChLtrch of Ireland and as such was awarded Grant
funding for five years. Ea¢h parish within the Gathered Partnership has responsibi1Sty for a
designated aspect of its organisation. Kiklollagh is responsible for the Gathered
Partrsership's finances and reports to the Financ8 Committee of the Partnership. The
Gathered Partnership is governed by a Mernorandum of Understanding and Protocols
which have been agreed and swned by the Select Vestries of each of the Partner parishes.
Under the Memorandum of UnderstandiThJ the Seled Vestries of the Partner Parishes have
overall ￿SponsIbl11ty for Gathered Ministries but delegate operational ministry to
Partnership COMM￿e8 comprising the Pioneer Minisler in training and the incumbents of
the Partner parishes. Oversigm of Gathered's fInan￿S and assets 1$ delegated to th8
Galhered Finance Commrttee compnsing the Incumbents and Honorary Treasurers of each
of the Partner parishes. Kildollagh Parish produ￿$ monthly financial reports and invoices
for partner parishes vtho in turn contribute towards expenses by reference to an agreed
proportion.
ummary of Gathered Mlnlstry Income and Expenses for Y•ar Ended 31 December 2025
Openlng Balance at 111125
Total Income Re￿iVed from Partner Parishes. Grants and Donations £34459.05
Kildollagh Pansh
£871.18
Outstanding Partner Parish Contributions
£213.60
PAYE Overpayment 24125
£176.00
Admin charge not yet allocated to Partner Parishes
£ 36.00
Total Incomlngs Yle 31 December 2025
Total Expenditure as per Accourrts
Less end of year adjustments.
Loss: Total Outgolngs Yle 31 December 2025
Closlng Balancè at 31 Decèmber 2025
£203.00
£35,755.83
£ 20,295.30
£ -92.16
-£20,203.14
£15,755.69

Appendix A
3. Transactions wlth the Trustees
As the Rectory is recognised as a tied property it qualtfies for tk)mestic Exemption and District
Rale Subsidy. The reduced rates on the proiierty and propety maintenance were the only
expenses paid by the parish in reS￿ct of the Rectory. Each pansh meets the cost of the rates by
alternate years. During 2025 the rates were paid by Kildollagh Parish. No trustee, apart from the
Redor, received any remuneration during the year. Reimbursernent to trustees in respect of any
authorised expenses that they have incurred on behalf of the Parish are only reimbursed on
produdion of receipts or proof of payment. A total of £312.00 was reimbursed to Trustees for
receipted expenses and £388.00 was reimbursed to a husband of a Trustee for receipted
expenses incurred in respect of graveyard grount)Ivorks.
During the year 2025 Kildollagh Parish's share of the Rectorfs bross stipend was £19,203.50 less
£1,646.04 employee pension contributions. In addition the Parish paid locomotory expenses of
£3,500 and office expenses of £462.50. These sums ar8 in accordan￿ with the minimum ￿Ve1 of
stipend and 8xpenses payable under the regulations of the General Synod of the Church of
Ireland. The Redor meets in full her PAYE liabilty. NIC and pension contributions which are
deducted from her gross stipend before payment. Locomolory and Use of Office are treat8d as
round sum allowances and are subjected in full to PAYE and NIC. Expenses incurred by the
Rector, wholly, exclusively and necessarily in the pursuan￿ of her duties which were in excess of
the Locomotory and Us8 of Office allowances amounts vRre paid by the Rector without
reimbursement.
No trustee or person related to a trustee had any pèrsonal interest in any contract or transaction
entered into by th8 Parish during the year.
4. Governan¢• Costs
No gov8rnance Gosls were incurred during the year in resFect of fees paid to the IndeFendenl
Examiner who kindly donated his time and expertise to the Parish fr88 of charge. Kildollagh Parish
18 extr8mely graleful for this generous ad which it accepts does not establish a precedent.