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2025-12-31-accounts

Charity registration number: 103479

DOWN PARISH CHURCH TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Norman Elliott Chartered Accountants 13 English Street Downpatrick Co Down BT30 6AB

DOWN PARISH CHURCH Contents

Page
Trustees' Report 1—3
Independent Examiner's Report 4
Statement of Financial Activities 5
Statement of Financial Position 6
Notes to the Financial Statements 7—11
The following pages do not form part of the statutory accounts:
Detailed Statement of Financial Activities 12—13

DOWN PARISH CHURCH Trustees' Report For The Year Ended 31 December 2025

The trustees present their report and the financial statements for the year ended 31 December 2025.

Objectives and Activities

Aims and Objectives

The principal function of the Parish is to support the advancement of the Christian religion by promoting, through the work of the Parish 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 are fundamental 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 has custody of property and of records, materials and artefacts of significance to the cultural and religious heritage and maintenance which was undertaken by the Trustees.

Public Benefit

The expression of the precepts of the Christian religion through engagement with the general public, and in particular with the disadvantaged, the sick, the elderly and the young is a public benefit. This can be measured and evidenced through increased social integration and pastoral care delivered at the

point of need. The direct benefit of participation in Church life includes the enjoyment of public worship and the giving and receiving of pastoral ministry, improved understanding of the values relating to civic engagement, community cohesion and providing a bridge between diverse groups as well as improved educational outcomes through the Church’s ministry of teaching. The beneficiaries are the general public, and the public valuation of the benefits can be evidenced through attendance at public worship, participation in Church governance and willingness to support through contributions the continuing witness of the Church. The wider benefit to the public will outweigh any detriment arising in the course of Christian outreach. Any private benefit arising out of the fulfilment of our Christian ministry or to lay staff is essential to the fulfilment of the purpose of the advancement of religion. No Trustee receives remuneration, reward or other private benefit for carrying out their Trustee responsibility. Purpose 2 The direct benefits flowing from this purpose include the provision of archive records, public enjoyment of cultural and historic buildings and artefacts such as church plate, furnishings and materials as well as an overall improved appreciation of longstanding Christian heritage. This is demonstrated through ongoing provision of access to records and the use made of these records in, for example, research and genealogy, through conservation efforts in respect of records, property and artefacts and the subsequent and continued requests for access and use of our materials by wider society. There is no harm arising from the purpose. The beneficiaries are the general public. No private benefit is received by trustees fulfilling their trustee responsibilities in respect of these records, buildings or artefacts, but in the course of conservation and to make these accessible to the public, the engagement of professional staff and services is essential but incidental to the fulfilment of the purpose.

The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.

Reference and Administrative Details

Trustees

MR KEITH WILLIS Mrs MARLENE BLAIR Mrs ALISON CARSON Mrs JUNE KELLY Mr JAMES McELWAINE Mrs STEPHANIE STRAIN Mr DAVID TELFORD Mrs RACHEL McGOWAN Mrs MARY FITZSIMONS Mrs HILARY McGUIRE Mr HENRY BLAIR

Charity Number

103479

Principal Address

CHURCH AVENUE DOWNPATRICK CO DOWN BT30 6EP

Page 1

DOWN PARISH CHURCH Trustees' Report (continued) For The Year Ended 31 December 2025

Independent Examiner

Norman Elliott FCA Norman Elliott Chartered Accountants 13 English Street Downpatrick Co Down BT30 6AB

Page 2

DOWN PARISH CHURCH Trustees' Report (continued) For The Year Ended 31 December 2025

The trustees' report was approved by the board of trustees and signed on its behalf by:

MR KEITH WILLIS Trustee Date

Page 3

DOWN PARISH CHURCH Independent Examiner's Report to the Trustees of DOWN PARISH CHURCH For The Year Ended 31 December 2025

I report to the trustees on my examination of the accounts of DOWN PARISH CHURCH (the Trust) for the year ended 31 December 2025.

Responsibilities and Basis of Report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act (Northern Ireland) 2008 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 65 of the 2008 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commissioners under section 65(9)(b) of the Act.

Independent Examiner's Statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Church as required by section 63 of the Charities (Northern Ireland) Act 2008; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities (Northern Ireland) Act 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Norman Elliott FCA Date 13 English Street Downpatrick Co Down BT30 6AB

Page 4

DOWN PARISH CHURCH Statement of Financial Activities For The Year Ended 31 December 2025

Notes
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Other trading activities
4
Investments
5
Separate material item of income
EXPENDITURE ON:
Raising funds
6
NET EXPENDITURE
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS:
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
13
Unrestricted
funds
£
24,037
15,670
9,375
19,734
Restricted
funds
£
3,797
-
-
-
2025
Total
funds
£
27,834
15,670
9,375
19,734
2024
Unrestricted
funds
£
17,754
12,741
8,422
2,530
68,816 3,797 72,613 41,447
(84,875) (883) (85,758) (54,632)
(16,059) 2,914 (13,145) (13,185)
(16,059)
340,751
2,914
-
(13,145)
340,751
(13,185)
353,936
324,692 2,914 327,606 340,751

The notes on pages 7 to 11 form part of these financial statements.

Page 5

DOWN PARISH CHURCH Statement of Financial Position As At 31 December 2025

Notes
FIXED ASSETS
Tangible Assets
10
Investments
11
CURRENT ASSETS
Cash at bank and in hand
Creditors: Amounts Falling Due Within One Year
12
NET CURRENT ASSETS (LIABILITIES)
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS OF THE CHARITY
Restricted Funds
Unrestricted Funds
TOTAL FUNDS
13
On behalf of the board
MR KEITH WILLIS
Trustee
Date
Unrestricted
funds
£
270,000
18,679
Restricted
funds
£
-
-
2025
Total
funds
£
270,000
18,679
2024
Total
funds
£
270,000
16,895
288,679
36,409
-
2,914
288,679
39,323
286,895
53,856
36,409
(396)
2,914
-
39,323
(396)
53,856
-
36,013 2,914 38,927 53,856
324,692 2,914 327,606 340,751
324,692 2,914 327,606 340,751
2,914
324,692
-
340,751
327,606 340,751

The notes on pages 7 to 11 form part of these financial statements.

Page 6

DOWN PARISH CHURCH Notes to the Financial Statements For The Year Ended 31 December 2025

1. General Information

DOWN PARISH CHURCH is an unincorporated charity registered with the Charity Commission, registered charity number 103479. The principal address is CHURCH AVENUE, DOWNPATRICK, CO DOWN, BT30 6EP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011.

The charity is a Public Benefit Entity as defined by FRS 102.

2.2. Incoming Resources

Incoming resources represent all funds and other benefits received by the charity during the financial year, before the deduction of any related costs. These include donations, grants, membership subscriptions, fundraising income, trading activities, and any investment returns. Each source is recorded at its gross value to provide a transparent view of the charity’s total income. Where income is restricted by the donor for specific purposes, it is allocated to the relevant restricted fund; all other income is treated as unrestricted. This approach ensures that the accounts reflect both the scale of support received and the intended use of those resources in fulfilling the charity’s objectives.

2.3. Resources Expended

Resources expended are recognised in the Statement of Financial Activities on an accruals basis as soon as there is a legal or constructive obligation to make a payment, it can be measured reliably, and it is probable that settlement will be required.

Expenditure is classified under the following headings:

Costs of Raising Funds – costs incurred in generating voluntary income, fundraising events, and trading activities. Charitable Activities – costs directly related to the delivery of the charity’s objectives, including direct staff costs, materials, and attributable support costs.

Governance Costs – costs associated with the constitutional and statutory requirements of the charity, including audit, legal, and trustee meetings.

All costs are allocated directly to the relevant activity where possible. Where costs relate to more than one activity, they are apportioned on a reasonable and consistent basis, such as staff time or usage.

Irrecoverable VAT is included within the category of expenditure to which it relates.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold Nil

2.5. Investments

Investments are accounted for at realisable market value.

2.6. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

3. Income from Donations and Legacies

Page 7

DOWN PARISH CHURCH Notes to the Financial Statements (continued) For The Year Ended 31 December 2025

Donations and gifts
Gift aid
Grants
Other
Donations and gifts
Gift aid
Grants
Other
.
Income from Other Trading Activities
Income from Hall
Roof Insurance Claim
.
Investment Income
Bank interest receivable
Dividends from investments
Rents received from investment properties
Unrestricted
funds
£
16,168
2,869
5,000
-
Restricted
funds
£
-
-
3,797
-
2025
Total
funds
£
16,168
2,869
8,797
-
24,037 3,797 27,834
Unrestricted
funds
£
13,618
3,236
-
900
Restricted
funds
£
-
-
-
-
2024
Total
funds
£
13,618
3,236
-
900
17,754 - 17,754
2025
Unrestricted
funds
£
14,290
1,380
2024
Unrestricted
funds
£
12,741
-
15,670 12,741
2025
Unrestricted
funds
£
402
643
8,330
2024
Unrestricted
funds
£
375
547
7,500
9,375 8,422

4. Income from Other Trading Activities

  1. Investment Income

Page 8

DOWN PARISH CHURCH Notes to the Financial Statements (continued) For The Year Ended 31 December 2025

6. Analysis of Expenditure

6.
Analysis of Expenditure
Raising funds
Raising funds
7.
Support Costs
Premises expenses
General administration
Governance costs
Premises expenses
General administration
Governance costs
8.
Independent Examiner's Remuneration
Independent examination of the financial statements
Activities
undertaken
directly
£
1,367
Support
costs
(see note 7)
£
84,391
2025
Total
£
85,758
Activities
undertaken
directly
£
1,855
Support
costs
(see note 7)
£
52,777
2024
Total
£
54,632
2025
£
396
2025
Raising
funds
£
41,617
42,378
396
84,391
2024
Raising
funds
£
12,466
39,915
396
52,777
2024
£
396
  1. Average Number of Employees

Average number of employees during the year was: NIL (2024: NIL)

Page 9

DOWN PARISH CHURCH Notes to the Financial Statements (continued) For The Year Ended 31 December 2025

10.
Tangible Assets
Cost
As at 1 January 2025
As at 31 December 2025
Net Book Value
As at 31 December 2025
As at 1 January 2025
11.
Investments
Cost or Valuation
As at 1 January 2025
Revaluations
As at 31 December 2025
Provision
As at 1 January 2025
As at 31 December 2025
Net Book Value
As at 31 December 2025
As at 1 January 2025
12.
Creditors: Amounts Falling Due Within One Year
Accruals and deferred income
13.
Movement in Funds
Unrestricted funds
General:
General unrestricted fund
Restricted funds
C&O Grant
Total funds
As at 1
January
2025
£
340,751
-
Income
£
68,816
3,797
2025
£
396
Expenditure
£
(84,875)
(883)
Land &
Property
Freehold
£
270,000
270,000
270,000
270,000
Unlisted
£
16,895
1,784
18,679
-
-
18,679
16,895
2024
£
-
As at 31
December
2025
£
324,692
2,914
340,751 72,613 (85,758) 327,606

Page 10

DOWN PARISH CHURCH Notes to the Financial Statements (continued) For The Year Ended 31 December 2025

Unrestricted funds
General:
General unrestricted fund
Total funds
As at 1
January
2024
£
353,936
Income
£
41,447
Expenditure
£
(54,632)
As at 31
December
2024
£
340,751
353,936 41,447 (54,632) 340,751

14. Transactions with Trustees

None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.

No trustee expenses have been incurred.

15. Related Party Disclosures

There have been no related party transactions in the reporting period that require disclosure.

Page 11

DOWN PARISH CHURCH Detailed Statement of Financial Activities For The Year Ended 31 December 2025

INCOME AND ENDOWMENTS FROM:
Donations and legacies
Freewill Offerings
Loose Collections
Graves/Headstones
Gift aid
C&O Grant
Diocesan Office Rectory Grant
Wills & Donations
Other trading activities
Income from Hall
Roof Insurance Claim
Investments
Investment Income
Rental income from investment property
Bank interest receivable
Separate material item of income
Arkle Park Insurance Claim
Unrealised increase in the value of investments
EXPENDITURE ON:
Raising funds
Rental expenses
Arkle Park Insurance Expenditure
Water rates
Church expenses
Rectory costs
Roof Insurance Expenditure
Insurance
Caretaking, music and bookkeeping fees
Development Officer
Bank charges
Charitable donations
Diocesan General Fund
Lamp Contributions
2025
Total
funds
£
10,294
5,424
450
2,869
3,797
5,000
-
2024
Total
funds
£
12,340
1,278
-
3,236
-
-
900
17,754
12,741
-
12,741
547
7,500
375
8,422
-
2,530
2,530
41,447
(1,855)
-
(545)
(10,895)
(1,026)
-
(3,029)
(4,980)
(650)
(57)
(1,300)
(3,960)
(25,580)
...CONTINUED
27,834
14,290
1,380
15,670
643
8,330
402
9,375
17,950
1,784
19,734
72,613
(1,367)
(14,498)
(1,122)
(14,744)
(9,523)
(1,730)
(3,089)
(4,880)
-
(57)
(1,200)
(3,960)
(28,270)

Page 12

DOWN PARISH CHURCH Detailed Statement of Financial Activities (continued) For The Year Ended 31 December 2025

Sundry expenses
C&O Grant Expenditure
Independent examiner's fees
NET EXPENDITURE
(39)
(883)
(396)
(359)
-
(396)
(85,758) (54,632)
(85,758) (54,632)
(13,145) (13,185)

Page 13