St Anne's KIllough Parish Church Financial Statements For the year ended 31 December 2025.
Norman Elliott Chartered Accountants 13 English Street Downpatrick Co Down BT30 6AB
St Anne's KIllough Parish Church Statement of Financial Activity Year ended 31 December 2025
| St Anne's KIllough Parish Church Statement of Financial Activity Year ended 31 December 2025 |
|||||
|---|---|---|---|---|---|
| UnrestricteRestricted | Endowmen | Total | Total | ||
| Funds | Funds | Funds | 2025 | 2024 | |
| Receipts | |||||
| Donations and Legacies | 8782 | 8782 | 12862 | ||
| Other Income | 10458 | 10458 | 2553 | ||
| Grant Income | 0 | 0 | |||
| Dividends Interest and Gains | 4434 | 505 | 4939 | 1270 | |
| Transfers | 9254 | 9254 | 2000 | ||
| …............ | …............ | …............ | …............ | …............ | |
| Total Receipts | 32928 | 505 | 0 | 33433 | 18685 |
| Payments | |||||
| Raising funds | |||||
| Charitable activities | 30743 | 30743 | 16674 | ||
| Donations | 423 | 423 | 1825 | ||
| Investment costs | |||||
| Other | |||||
| …............ | …............ | …............ | …............ | …............ | |
| 31166 | 0 | 0 | 31166 | 18499 | |
| Purchase of investments | |||||
| Purchase of fixed assets | |||||
| Loan Repayments | |||||
| Transfers | 504 | 8750 | 9254 | 2516 | |
| …............ | …............ | …............ | …............ | …............ | |
| Total Payments | 31670 | 8750 | 0 | 40420 | 21015 |
| …............ | …............ | …............ | …............ | …............ | |
| Net receipts/(payments) | 1258 | -8245 | 0 | -6987 | -2330 |
| Funds brought forward | 7419 | 45384 | 0 | 52803 | 55133 |
| …............ | …............ | …............ | …............ | …............ | |
| Funds carried forward | 8677 | 37139 | 0 | 45816 | 52803 |
| …............ | …............ | …............ | …............ | …............ |
St Anne's KIllough Parish Church Statement of Assets and Liabilities As at 31 December 2025
| UnrestricteRestricted | UnrestricteRestricted | Endowmen | Total | Total | |
|---|---|---|---|---|---|
| Funds | Funds | Funds | 2025 | 2024 | |
| Fund Reconciliation | |||||
| Bank and Cash at start of year | 7419 | 45384 | 52803 | 55133 | |
| Net movement in funds | 1258 | -8245 | -6987 | -2330 | |
| Bank and Cash at end of year | 8677 | 37139 | 45816 | 52803 | |
| …............ | …............ | …............ | …............ | …............ | |
| Bank and Cash balances | |||||
| Bank accounts | 8677 | 37139 | 45816 | 52803 | |
| Cash in hand | 0 | 0 | 0 | 0 | |
| …............ | …............ | …............ | …............ | …............ | |
| 8677 | 37139 | 45816 | 52803 | ||
| Other Assets | |||||
| CI Trustee Investments | 0 | 79905 | 79905 | 77720 | |
| …............ | …............ | …............ | …............ | …............ | |
| 0 | 79905 | 79905 | 77720 | ||
| Liabilities | |||||
| Loans | 0 | 0 | 0 | 0 | |
| Others | 0 | 0 | 0 | 0 | |
| …............ | …............ | …............ | …............ | ||
| 0 | 0 | 0 | 0 | ||
| …............ | …............ | …............ | …............ | ||
| Total Net Assets | 8677 | 117044 | 125721 | 130523 | |
| …............ | …............ | …............ | …............ |
St Anne's KIllough Parish Church Notes to the Accounts Year ended 31 December 2025
Accounting Policies
Basis of Financial Statements
As the income of the congrgation is less than £250,000, the congrgation have elected in accordance with the provisions of the Charities (Accounts and Reports) Regulations (Northern Ireland) 2015 to prepare its accounts on a receipts and payments basis.
Fund Accounting
Endowment Funds are funds, the capital of which must be retained either permanently or at the congregation's discretion: the income derived from the endowment is to be used either as restricted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place
Restricted funds comprise (a) income from endowments which is to be expended on the restricted purposes intended by the donor and (b) revenue donations or grants for a specific congregational activity intended by the donor. Where these funds have unspent balances, interest on their pooled investment is apportioned to the individual funds on an average balance basis.
Unrestricted funds are income funds which are to be spent on the congregation's general purposes.
Designated funds are general funds set aside by the congregation for use in the future.
St Anne's KIllough Parish Church Notes to the Accounts Year ended 31 December 2025
| Donations and Legacies | UnrestricteRestricted | UnrestricteRestricted | Endowmen | Total | Total |
|---|---|---|---|---|---|
| Funds | Funds | Funds | 2025 | 2024 | |
| Recorded Giving | 3430 | 3430 | 2460 | ||
| Loose collections | 977 | 977 | 1328 | ||
| Donations and gifts | 4375 | 4375 | 7549 | ||
| Gift Aid | 0 | 0 | 1525 | ||
| …............ | …............ | …............ | …............ | …............ | |
| 8782 | 0 | 0 | 8782 | 12862 | |
| …............ | …............ | …............ | …............ | …............ | |
| Charitable Activities | Unrestricted | Restricted | ndowment | Total | Total |
| Funds | Funds | Funds | 2025 | 2024 | |
| Stipends and Assessments | 9171 | 9171 | 8956 | ||
| Wages and Salaries | 0 | 0 | 0 | ||
| Buildings and support costs | 19365 | 7629 | 26994 | 12657 | |
| Congregational running expenses | 1467 | 1467 | 1910 | ||
| Governance costs | 740 | 740 | 780 | ||
| …............ | …............ | …............ | …............ | …............ | |
| 30743 | 7629 | 0 | 38372 | 24303 | |
| …............ | …............ | …............ | …............ | …............ |
St Anne's KIllough Parish Church Notes to the Accounts Year ended 31 December 2025
Fund Balances
| Fund Balances | ||||||
|---|---|---|---|---|---|---|
| Balance | Receipts | Payments | Surplus/ | Transfer | Balance | |
| at start | (Deficit) | at end | ||||
| Unrestricted Funds | ||||||
| General Account | 7419 | 32928 | 31670 | 1258 | 8677 | |
| …............ | …............ | …............ | …............ | …............ | …............ | |
| 7419 | 32928 | 31670 | 1258 | 0 | 8677 | |
| …............ | …............ | …............ | …............ | …............ | …............ | |
| Restricted Funds | ||||||
| Investment Account | 17325 | 224 | 8750 | -8526 | 8799 | |
| National Savings Account | 28059 | 281 | 0 | 281 | 28340 | |
| …............ | …............ | …............ | …............ | …............ | …............ | |
| 45384 | 505 | 8750 | -8245 | 0 | 37139 | |
| …............ | …............ | …............ | …............ | …............ | …............ | |
| Total Funds | 52803 | 33433 | 40420 | -6987 | 0 | 45816 |
| …............ | …............ | …............ | …............ | …............ | …............ |