PAJUSH OF KILCONIUOLA AND BALLYCLUG
Annual report and financial statements
For the year ended 31st Deeember 2024
Charities Number: NIC103115

PAIUSH OF KILCONIUOLA AND BALLYCLUG
Annual report and financial statements for the year ended 31st December 2024
Contents
Pages
References and administrative details
Trustees, Annual Report
Independent exarniners. report to the Trustees
Statement of financial activities
Statement of financial positionlBalance sheet
Notes to the financial statements
10- 18

PARISH OF IaLCONIUOLA AND BALLYCLUG
Referenees and administrative detalls
Charity Name..
Parish of Kilconriola and Ballyclug
Charity Registration Number..
NIC103115
Contact Address:
St Patrick's Church Office
Castle Sireet
Ballymena
BT43 7BT
Trnstees
Trustees from 01.01.2024- 09.04.2024
Rev. Mcconnell. Mr R Fleming, Mr A McKay, Mrs S Doak. Mr8 C Sloan, Mr J Mawhinney, Mrs l McCoDnell,
Mr R Atkinson, Mr J Graham, Mr E Lynn, Mrs L Bell, Mrs S Foster, Mrs E Peachey. Mr A Mccurdy, Mr P
Cheslnutt. Mr J Ross, Mrs J Ross, Mr J Graham. Mrs D Bennett, Mr K Hughes, Mr L Cunningham, Mr R O'Neill.
Mr A MC Kay, Mr P Chestnutt.
Trustees from 09.04.2024- 31.12.2024
Rev M Mcconnell, Mr R Fleming, Ms R O'Neill, Mr K Hughes. Ms C Sloan, Mrs D Bennett, Mrs S Doak, Mr R
Atkinson. Mr L Cunningham, Mrs L Bell, Mr A Mccurdy, Mrs J Ross. Mr J Ross, Mr J Mawhinney, Mrs I
Mawhinney, Ms E Peachey, Mrs S Foster, Mr E Lynd, Mr J Graham, Mr A McKay, Mr P Chestnutt.
Trnstees a
rovin
this re
ort
Rev M Mcconnell, MT R Fleming, MT J Mawhinney. Mrs I Mawhinney, Mr R O'Neill, Mr R Atkinson, Mr J
Ross, Ms C Sloan, Mrs L Bell, Mrs S Doak, Mr L Cuwiingham, Mr K Hughes. Mr D Dunlop, Mr J Graham, Ms
E Peachey, Mrs S Foster, Mrs F Logan. Mr A Mc Kay, Mr P Chestnutt, Mr H Swan, Mr A Marrs.
Princi
Clergy..
Honorary Secietsry..
Church Treasurer..
al Office-bearers
Rev. M. Mcconnell
Mr. R. Fleming
Mrs. I Mcconnell (up to 0910412024)
Mrs. D. Bennett (from 0910412024)
Mrs l Mawhinney (St Patrick's)
Mr. E. Lynd (Ballyclug)
Ms. E Peachey (St Columba's)
Mr. J Mawhinney (St Patrick's)
Mr. J Graham (Ballyclug)
Mrs. S Foster (St Columba's)
Church Warden- Clergy:
Church Warden- P¢ople:
Independent Examiner
Ian Johnston {A.F.A.)
For and on behalf of Stevenson and Wilson Chartered Accountants
22 - 30 Broadway Avenue
Ballymena
B T43 7AA
Bankers
First Trust Bank
78 Wellington Street
Ballymena
BT43 6AF

PAIUSH OF KILCONRIOLA AND BALLYCLUG
Trustees, Annual Report for the year ended 31st December 2024
The trnstees present the annual report and accounts for the Parish of Kil¢onriola and Ballyclug for the year ended
31 st December 2024.
Objectives and Activities
The charitable putpose of the Church of Ireland is the advancement of religion.
The principal function of the Parish of Kilconriola and Ballyclug is to support the advancement of the Christian
religion by promoting, through the work of the Parish of Kilconriola and Ballyclug the whole mission of the
Church, pastoral. evangelistic, social and ecumenical. Being open to and engaging with society as a whole and
offering support for those needing help aTe ￿ndamental to the Practical delivery of the benefits of Christianity.
As a result of activity in the pursuit of the advancement of the Christian religion, the Parish of Kilconriola and
Bally¢lug has custody of propety and of records. rnaterials and artefacts of significance to the cultural and
religious herAtage and maintenance of which is undertaken by Ihe select vesty of the Parish of Kilconriola and
Ballyclug.
Achievements, Performance & Public Benefit
The Charity exists to fiuther the teachings of Jesus Christ, principally within our locale, to promote His teaching
to ally and all who may be willing to learn and to encourage and enable His followers to take to heart His example
and try to lead their lives according to that example as bcst they might.
How have we acted to ￿lfIl our purpose?
Therc have been regular Services of Public Worship which were open to all throughout the year in all three of our
Churches on Sllndays (and mid-week in Castle Street) with additional Services Providcd for particular outside
organisations when requested. Our Clergy and lay-people have made great effort to provide pastoral ministy.
particularly to the sick, the elderly and the young, and not only to parishioners but to anyone in the wider
community who we could be of help to we became aware of their need.
The Parish has dedicated Youth Workers who commit long hours of effort to supporting local youngsters through
our Youth Club and educating them sn the Christian religion through participation in Sunday School and
Confirniation classes, and engaging with others through joining in events at the levels of our Rural Deanery and
Diocese.
The Parish also facilitates a range of organisations for people of all ages, and these are welcoming to anyone who
wishes to take part, whether or not they aTe member5 of the Church. We also like to support our local cornmunity
by providing use of our premises to outside organisations where possible, foT fund-raising events perhaps or
regularly hosting the Blood Transfusion Service. We have continued to donate to and support our local Food-bank
(organised by the Trussell Trnst) and given financial support to a variety of other local charitable Causes, and
some farther afield.
The Parish also provides a source of archived records, and welcomes visitors to simply enjoy the historic buildings
and their fjttings and furnishings which are privileged to be the custodians of, principally the Church of St. Patrick
in Castle StreeL Ballyrnena which is a grade B listed building.
The general public benefit from all of these activities and resources. and no Trustee (other than clergy) receives
remuneration, reward or other private benefit for carrying out their responsibilities ￿ Trustees.
In carrying out their responsibilities the Trustees have at all times had due regard to and complied with the
guidance issued by the Charity Commission under Section 4{b) of the Charities Act.
The Parish has given careful consideration to the Charity Commission for Northem Ireland's guidance on public
benefit to ¢nsure that the actives ent¢red into during the year have helped to achieve the Parish's objectives and
activities, a5 well as providing public benefit.

PAIUSH OF KILCON]UOLA AND BALLYCLUG
Trustees, Annual Report for the year ended 31st December 2024 (continued}
Financi#l Review
The Parish maintains two current accounts- with a General Account to meet out working expenses. and a Propety
Account to cover the costs of maintaining and improving our properties.
During the year our income for the General account was £354,228, and expenditttre was £227,492. After £31,155
was transferred to various other funds, this left the geneTal account with a surplus of £95.581 for the year.
Restiicted funds include Property, Renovation. Mission and Charities and Organisation funds. During the year
our restricted income was £98,124, and expenditure was £131,242. After the transfer of £31,155 from the General
account to these restricted funds, there was a small net deficit in restricted funds of £1,963 for the year.
Our overall sU￿lUS for the year was £93,618 (2023.. £37,313).
The overall sttuation is that the Parishes income and expenditUTe levels remain closely rnonitored. although they
have adequate reserves. The Select Vesty continue to seek ways to increase income and cost saving measures but
remained confident that the situation would be improved and as we continue to exercise good governance of the
Parish.
Golng Coneern
The trustees have reviewed the budgets for the year ahead and are satisfied that there are adequate funds in place
to ensure that the Parish can continue its activities and the financial statements for the year end December 2024
can be signed off a5 a going concern.
Structure, Governance and Management
Governing Document and Constitulion of the Charity
Chapter III of the Constittjtion of the Church of Ireland governs Parishes and Parochial Organisation. The Select
Vesty members are the Charity TTUStees.
Recruitment andAppointment ofS¢lect Yesty
All members of the Church of Ireland who are over the age of18 and are either resident within the parish or live
elsewhere but have been accustomed members of the congregation for at least three months, may register as
membeTS of the general vesty of the parish, allowing them to attend and vote at meetings of the general vesty
and to stand for election to the select vesty. Meetings of the general vesty are held at least once a year. The
Select Vesty is elected as part of this General Vesty meeting. The Select Vesty will hold their positions for a
period of one year. Select Vesty members may be re-elected annuaIly and there is no limit on the number of tenns
which may be served
Pay and remuner2tAon
The Incumbent and Curate both receive a stipend in accordance with figures approved by the General Synod of
the Church of Ireland along with office and locomotory allowances.

PARISH OF KILCONRIOLA AND BALLYCLUG
Trustees, Annual Report for the year ended 31st Deeember 2024 (continued)
Organisationulslructure
The select vesty is responsible for the day to day management of the parish. The select vesty consists of the
member of the cleigy serving in ihe parish. any curate assistant ("the CUTate"), the churchwardens, the glebe
wardens and generally not more than twelve other members of the general vesty elected at the General Vestry.
The select vesty 15 chaTred by the incumbent OT Other member of the clergy officiating tn the parish. Select vestry
members are responsible for making decisions on matters of general concern and importance to the p￿ISh
including deciding how parish funds are to be applied.
The select vestry meets at times fixed by the members or by the dio¢esan synod. Special meetings may be
convened at any tlme by thc chairy)erson or the churehwaTdens.
In 2024 the Select Vesty meet 7 times during the year and th¢ average attendance was 810
Statement of Trustees, Responsibilities
The trustees are responsible for preppAring the Trustees. Report and the financial statements in accordance with
applicable law and regulations.
The law applicable to charities in the Northern Ireland requires the trustees to prepare f￿anCIal stafrments for
each financial year. Under that law the twstees have prepared the fmancial statements in accordance with
Generally Accepted Accounting Practice in the United Kingdom (accounting standards issued by the Financial
Reporting Council in the UK , including Charities SOIiP (FRS 102) ' Accounting and Reporting by Charities:
Statement of Reconimended Practice applicable to charities pieparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) "and promulgated by the
Institute of Chartered Accountants in the United Kingdom and United Kingdom Law).
Under that law the trustees rnust not approve the financial statements unless they are satisfied that they give a true
and fair view of the state of the affaiTS of the charity and of the statement of financial activities of the charity for
that period.
In preparing these financTal statements, the trustees are required to..
select witable accounting policies and then apply them consist¢ntly'
make judgments and estimates that are reasonable and pDJdent
stste whether the fInancial statements have been prepared in accordance with applicable Accounting
Standards and identify the standards in question. subject to any material departtues being disclosed and
explained in the financial statements. and
prepare the fmancial statements on the going concern basis unless it is inappropriate to presume that the
Parish will continue as a going concern.
The twstees are responsible for keeping accounting records that are sufficient to show and explain the Parish's
transactions and disclose with reasonable accuracy at any lime the financial position of the Parish and enable them
to ensure that the financial statements comply with the Charities Act (Northern Ireland) 2008, the Charity
(Accounts and Reports) Regulations (Northern Ireland) 2008 and the provision of the Constitution of the Church
of Ireland. They are also responsible for safeguarding the assets of the Parisb and hence for taking reasonable
steps for the prevention and detection of fraud and other irregularities.

PARISH OF KILCONRIOLA AND BALLYCLUG
Trustees, Annual Report for the year ended 31st December 2024 (continued)
Statement as to disclosure to our examiner5
In so far as the trustees are aware ai the timtng of approving our trustees, annual report:
there is no relevant inforniation of which the Independent Examiner is unaware. and
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant
infonnation and to establish that the charity's independent examiner is aware of that information.
Independent Examiners
The examiner, lan Johnston (A.F.A), for and on behalf of Stevenson and Wilson Chartered Accountants, has
indicated his willingness to continue in office, and a resolution conceming the reappointment was passed at the
Annual Easter Vesty Meeting.
On Behalf of the Trustees
Rev. Mark Mcconnell
Mr. Ronnie Fleming- Secretary Mrs. Deborah Bennett - Treasurer
Date.. l Oth June 2025

PARISH OF KILCONRIOLA AND BALLYCLUG
INDEPENDENT EXAMINERS REPORT TO THE CHARITY TRUSTEES OF THE PARISH OF
KILcof4RIOLA AND BALLYCLUG
I repoit on the accounts of the charity for the year ended 3 1st December 2024. which are set out on pages 8 to 18.
Respective responsibilities of charity trustees and examiner
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities
Act (Northern Ireland) 2008.
It is my responsibility to:
examine the accounts under section 65 of the Charities Act
follow the procedures laid down in the general Directions given by the Commission under section 65(9)(b) of
the Charilies Act
state whether particular matters have come to my attention.
Basis of independent examiner's report
I have examined your charity accounts as reqiiii'ed under section 65 of the Charities Act and my examination was
carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under
section 65(9)(b) of the Charities Act.
My examination included a review of tlie accounting records kept b>, the charity and a comparison of the accoiints
presented with those records. It also included consideration of any unusual items or disclosures in the accounts,
and seekiiig explanations from you as charity trustees conceming any SULI) matters.
My role is to stale whetlier any material matters have come to my attention giving me cause to believe:
l. That accounting records were not kept in acLordance with section 63 of the Charities Act
2. That the accounts do not accord with those accounting rccords
3. That the accounts do not comply with the accounting requirements of the Charities Act
4. That there is further inforn)ation needed for a proper understanding of the accounts to be reached.
Independent examiner's ststement
I have completed my examination and have no concerns in respect of the matters ( l ) to (4) listed above and, in
connection with following the Directions of the Charity Commission forNorthern Ireland, I have found no matters
that requiTe drawing to your attention.
lan Johnston (A.F.A.)
For and on behalf of Stevensor) and Wilson Chartered Accountants
22 - 30 Broadway Avenue
Ballymena
BT43 7AA
Date: 10th June 20?5

PAIUSH OF KILCONRIOLA AND BALL YCLUG
Statement of Financial Activities for the year ended 31st December 2024
Unrestricted
Funds
2024
Restricted
Funds
2024
Endowment
Funds
2024
Total
2024
Total
2023
Note
Ineome
Donations & legacies
Other trading activities
Investments
Charitable activities
Other income
329.050
11,577
12,235
920
446
88,432
417,482
11,577
15,678
920
6,695
339,901
10,149
11,915
814
14,230
3,443
6.249
Total Income
354,228
98,124
452,352
377,009
endithre on:
Generating funds
Charitable activities
Other
Total Ex
227,492
131.242
358,734
339,696
enditure
227,492
131,242
358,734
339.696
Net Income/ (Expenditure) before
transfers
126,736
(33,118)
93,618
37,313
Transfers between funds
(31,155)
31,155
Net Income/ (Expenditllre) before other
recognised gains and losses
95,581
(1,963)
93.618
37,313
Gain/(Loss) on inveslments assets
Net movement in funds
95,581
(1,963)
93,618
37,313
Reconciliation of funds:
Total funds brought forward
4.418,696
224,995
4,643,691
4,606,378
Total funds carried forward
4.514,277
223,032
4,737,309 4,643,691

PARISH OF KILCONRIOLA AND BALLYCLUG
Statement of Financial Position l (Balance Sheet) #s at 315t December 2024
Note
2024
2023
Fixed Assets
Tangible Fixed Assets
Tnvestment Properties
Investments
Total fixed assets
io
4,171.213
4.171,213
175.680
4,346,893
175,680
4,346,893
Current Assets
Debtors
Cash and cash equivalents
Total current assets
12
18.852
379,766
398.618
21,455
290.34
311,796
Creditor5 - 2mounts falling due Ivithin one year
Bank Loans
Total creditors
13
8.202
14,998
8,202
14,998
Net Current Assets
390,416
296,798
Total net Assets
4,737,309
4,643,691
The funds of the parish
Unrestrieted funds
General funds
Designated filnds
Total unrestricted funds
Restricted Fund$
Endowment Funds
14
4,514,277
4,418,696
4,514,277
223.032
4,418,696
224,995
14
14
Total charlty funds
4,737.309
4,643,691
The notes on pages EO to 18 are an integral part of these financial staternents.
The financial statements on pages 8 to 18 were approved by the Board of Trustees on and signed on its behalf
by".
Rev Mark McConThell
Mr Ronnie Fleming- Secretary Mrs Deborah Bennett - Treasurer
Date." 10th June 2025

PARISH OF KILCONRIOLA AND BALLYCLUG
Notes to the finaThciaI statements for the year ellded 31st December 2024
Accounting policies
The principal accounling policies adopted, judgements and key sources of estimation uncertainty in the
PTeparation of the financial statements are as follows-
a) Basis of preparation
The fjnancial statements have been prepared on a going concern basis in accordance wTrth Accounting and
Reporting by Charities.. Statement of Recommended Practice applicable to charities PTeparing their accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
(Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland
{FRS 102).
The Parish meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially
recognised at historical cost and transaction value unless otherwise stated in the relevant accounting policy
note(s).
b) Preparation of accounts on x going concern basis
The Parish generally meets its day to day working capital requirements from its annual income. The Tn￿tee$
have obtained and reviewed cash flow forecasts for the coming year and based on these are satisfied that the
Parish has resources to provide a reasonable expectation that it can ¢ontTnue to meet its financial obligations
as they fall due for the foreseeable ￿ture. Therefore these financial statements have been prepared on a going
concern basis.
c) Income
Plate Collections, Weekly Envelopes, Graveyard income and Columbarium income are accounted for on a
cash receipts basis as the amount is collected.
Incorne arising from the rental of Parish Centre facilities to third parties is recognised when the parish has
entitlement to the funds, any perforn]ance conditions attached to tbe income hav¢ been met, it is probable that
the incom¢ will be rec¢ived and th¢ amouut can b¢ measured reliably.
Income from government and other grants, whether 'capital' grants or *evenue' grants, Is Tecognised when the
charity has entitlement to the funds, any perfonnance conditions attached to the grants have been met, it is
probable that the income will be received and the amount can be measured reliably and is not deferred.
Legacies are included within Income under either unrestricted or restricted fimds according to the tern]s under
which the donation is made and when the amount can be quantified with reasonable certainty. Donations and
gifts in kind are brought into the accounts at their fair value to the Parish.
d) Expenditure
Expenditure is recognised once there is a legal or constrnctive obligation to rnake a payment to a third party,
it is probable that settlern¢nt will be required and the amount of the obligation can be measured reliably.
Irrecoverable VAT is charged as a Cost against the activity for which the expenditure was incurred.
io

PAIUSH OF KJLCONIUOLA AND BALLYCLUG
Notes to the financial statements for the year ended 31st December 2024 (continued)
l. Accounting policies (continued)
e) Tangible assets
The assets of the Parish comprise:.
Church Buildings
Hall
Rectory
Other properties
Fixtures and fittings
The Church Buildings at Castle Street and Ballyclug are deemed to be HeTitage assets as defined by the
Charities SORP (FRS102). These Heritage assets are not included on the balance sheet as infomation
on the cost or valuation is not available and such inforniation cannot be obtained at a cost commensurate
with tbe benefit to the users of the accounts and to the parish.
The church building at St Columba's is recognised at insurance values. No depreciation has been
provided on this building as the cutrent estirnated residual value is not less than its carrying value and
the rernaining useful life currently exceeds 50 years.
The Castle Street Hall is recognised at insurance values. No depreciation has been provided on the parish
centre buildings as the current estimated rcsidual vaIue is not less than its carrying value and the
remaining useful life currently exceeds 50 years.
The Rectory is recognised at cost / deerned Cost (based on insurance values), being the estimated fair
value of the propety at 31 st December 2024. No depreciation has been Provided on the glebe house as
the current estimated residual value is not less than it's ¢anying value and the remaining useful life
currently exceeds 50 years.
The other properties, namely the Church Lodge and 6 Rockgrove Brae. are also recognised at cost /
deemed cost (based on insurance values), being the estimated fair value of the property at 31 st December
2024 No depreciation has been provided on the glebe house as the current estimated residual value is
not less than its Carrying value and the rernaining use￿1 life currently excecds 50 years.
Fixtures and Fittings have been recognised in the accounts based on valuation at 31 st December 2024.
In ￿tllre years, these will be depreciated over their use￿1 life.
The assets, resÈdual values and usefvl lives are reviewed, and adjusted. if appropriate, at the end of each
reporting period. The effect of any change is accounted for prospectively.
Tangible assets are derecognised on disposal or when no ￿￿re economic benefits are expected. On
disposal, the difference between the new disposal proceeds and the carying amount is recognised in the
statement of financial activities and included in 'OtbeT operating (losses)Igains'.
li

PARISH OF KtLCONIUOLA AND BALL YCLUG
Notes to the financial statements for the year ended 31st Deeember 2024 (contfinued}
l. Aceounting policies (continued)
Q Investments
Fixed asset investments comprising investment pmperties, investments in equities and investment in RCBICIT
Unit Trusts are initially recorded at cost and are then subsequently stated at faiT value at each balance sheet
date. Investments in unquoted investments are recorded at cost and are assessed annually for impainnent.
Unrealised gains and losses represent the difference between the fair value at the begiDning and end of the
financial year or. if purchased in the year, the difference between cost and fair value at the end of the year.
Realtsed gains and losses represent the diffcrence bettveen the proceeds on disposal and the fair value at the
start of the year or cost if purchased in the year. Both realised and uDreali5ed gains and losses in investments
are reported within "Net Gains / (Losses) on Investments" within the Statemellt of Ftnanci&l Activitie5.
g) Cash and Cash equfivalents
Cash and cash equivalents includes cash in han(t deposits held al call with banks, other sbort-ternl highly
liquid investments with original maturities of three months or less and bank overdrafts. Bank over(trafts are
shown within creditors amounts falling due within l year.
h) Financial instruments
The PaTish only has financial assets and financial liabilities of a kind that qualify as basic financial instruments.
Basic financial instrurnents are initially recognised at transaction price and subsequently measured at their
settlement value.
i} Funds
Funds are classified as either restricted funds or unrestricted funds, defined as follows.
Restricted ￿ndS are funds subject to specific requirernents as to their use which may be declared by the donor
or with their authority or created through1¢8al piocesses, but still within thc wider objects of the Parish.
Endowment ￿ndS are funds which have been given on the condition that the original capital sum is not
reduced, but the incom¢ there from is used for the purpose defmed in accordance with the objects of the Parish.
Unrestricted ￿ndS are expendable at the discretion of the trustees in furtherance of the objects of the charity.
If parts of the unrestricted funds are earnlarked at the discretion of the lrnstees for a particular purpose, they
are designated as a separate fimd. This designation has an administrative purpose only and does not legally
restiict the tn￿tees. discretion to apply th¢ fund.
12

PARISH OF KILCONRIOLA AND BALLYCLUG
Notes to the financial statements for the year ended 31st December 2024 (continued)
2. Critical accoullting Judgements and estimation uneertainty
Estimates and judgrnents made in the process of preparing the financial statements are continu&lly evaluated
and are based on historical experience and other factors, including expectations of futtJTe events that are
believed to be reasonable under the circumstances. The T￿Stee$ do not consider that there are any Critical
judgments made in applying the Parish's accounting policies or that there are any critical accounting estimates
or assumptions which may have a significant risk of ¢ausing a material adjustmenl to carrying arnounts of
assets and liabilities within ihe next financial year.
3. Donations a￿d legacies
Unrestricted Restricted
Funds
Funds
2024
2024
Endowment
Funds
2024
Total
2024
2023
Weekly envelopes l FWO
Tax recovered on Donations
Collectionsldonations
Mission and Charity giving
Legacies
Grants
Other income - organisations
117,266
22.765
6,240
42,102
6,870
6,710
9,045
10,000
159.368
29,635
12,950
9,045
189,323
3,456
13,705
417,482
164,667
32,766
11,552
12,147
100,759
4,196
13,814
339,901
179,323
3,456
13,705
88,432
329.050
4. Other tradlng aetivities
Rental IncoTne
Use of car park
5,469
6,108
11,577
5,469
6,108
11.577
4,908
5,241
10,149
S. Investments
Interest on investments
Dividends from investments
3,047
9,188
3,443
6.490
9,188
2,962
8,953
12,235
3,443
15,678
11,915
13

PARISH OF IaLCONIUOLA AND BALLYCLUG
Notes to the financial statements for the year ended 31st December 2024 (continued)
Unrestrtcted Restricted
Funds
Funds
2024
2024
Endowment
Funds
2024
Total
2024
2023
6. Charitable activities
Magazine income
920
920
814
920
920
814
7. Analysls of Expenditure
Unrestricted Restricted
Funds
Funds
2024
2024
Endowment
Funds
2024
Tot21
2024
2023
Charitable Activities
Wages and salaries
Diocesan costs/assessment
Church running costs
Charitable donations
Administration costs
Property costs
Other expenses - organisations
158.411
21,355
14,620
158,411
21,355
57,854
9,150
33,106
68,870
9,988
145,800
29,394
49,282
12,402
33,545
59,353
9,920
43,234
9,150
33,106
68,870
9,988
227,492
131,242
358,734
339,696
Governanc¢ costs are included within Administration costs above.
14

PARISH OF KILCONRIOLA AND BALLYCLUG
Notes to the financial statements for the year ended 31st December 2024 (eoTrtinued)
8. Taxation
The Parish of Kilconriola and Ballyclug is Tecognised as a chaTity for the purposes of applicable taxation
legislation and is therefore not subject to laxation on its charitable activities.
9. Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel
Employeas
2024
2023
Salaries and wages
National insurance costs
152,975
5.436
141.150
4,650
Total
158,411
145,800
The average number of ernployees during the year, calculated on the basis of a head count, was as follows:
2024
Number
2023
Number
Ministerial support
Administration
Other staff
Premises maintenance
There are no employees in receipt of employee benefits in excess of £60,000.
Key Management and Tn￿teeS
Key managemcnt are deemed to comprise the Trustees. The parish paid expenses of £5,994 (2023.. £4,960)
relating the running costs of the rectory which is occupied by the rectOT. No t￿Slee received any remuneration
or reimbursement of expenses during the year other than the two clergy. The stipend and other expenses paid
to the Clergy totalled £88,280 (2023: £83,314).
No trustee or a person Telated to a trnstee had any personal iDterest in any contract or transaction entered into
by Ihe charity during the year.
15

PAIUSH OF KILCONRIOLA AND BALLYCLUG
Notes to the financial statements for the year ended 31st December 2024 (continued)
10. Tanglble fixed assets
Buildings
Equipment
Total
Cost
At beginning of the year
Additions
Grants received
At end of the year
2,822,524
1,348.689
4,171.213
2,822,524
1,348,689
4.171,213
Depreciation
At beginning of the year
Depreciation
Disposals
At end of the year
Net book value at beginning of the year
Net book value at end of the year
2,822,524
2,822.524
1,348,689
1,348,689
4,171,213
4,171,213
11. Investments
Listed Investments
Other
Investments
Total
B21an¢e at beginning of the year
175,680
175,680
Balance at end of the year
175,680
175,680
Analysis of Investments
Investments in RB Unit Trusts
Oth¢r unlisted investments
10,587
165,093
175,680
10,587
l65,093
175,680
Investrnents are stated at the lower of cost and Net Realisable Value.
16

PARISH OF KILCONRIOLA AND BALL YCLUG
Notes to the financial statements for the year ended 31st December 2024 (continued)
12. Debtors
2024
2023
Sundry debtors and prepayments
18,852
21,455
18,852
21,455
13. Creditors Amounts Due within l Year
2024
2023
Accruals and other creditors
8,202
14,998
8,202
14.998
14. Analysis of Net Assets Among Funds
General
Designated
Restricted
Endowment
Total
Fixed Assets
Investments
Current Assets
Current Liabilities
Net assets at 31st December 2024
3,994,616
175,680
345,109
(1,128
4,514,277
176,597
4,171,213
175,680
398,618
(8,202)
4,737.309
53,509
(7,074)
223.032
17

PARISH OF KILCONRIOLA AND BALLYCLUG
Notes to the financi21 statements for the year ended 31st December 2024 (continued)
IS. Funds of the Parish
At 1st Jan
2024
At 31st
Dec 2024
Income
Expenditure
Transfers
Endowment funds
Restricted funds
Renovation Fund
Propety Fund
Mission and Charities Fund
Organisation Funds
176,597
35.672
25
12.701
224,995
176,597
34,167
75,374
9.045
13,705
98,124
{112,104}
(9,150)
(9,988)
(131,242)
35,225
80
(4,150
31,155
12,268
223,032
Unrestricted funds
General Fund
4,418.696
4.418,696
358.228
358,228
(227,492)
(227,492}
{31,155}
(31,155)
4.514,277
4,514,277
Total funds
4.643,691
452,352
358,734)
4,737,309
oses of Restricted Funds
-Renovation Fund: This is a fimd to assist with the cost of building repairs, improvements and renovatxons.
Property Fund: This is used for the general running costs of properties, maintenance, upkeep and repair.
Mission and Charities Fund.. This is a ￿nd to be used towards mission and charity SUPPOrt.
-Organisation Funds: These are funds for the organisations numing expenses and income.
18