|**DUNGIVEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**|**DUNGIVEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**|**DUNGIVEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**|**DUNGIVEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**|**DUNGIVEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**|**DUNGIVEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**|||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||||
|**RECEIPTS AND PAYMENTS ACCOUNT**||||||||||
|**FOR THE YEAR ENDED 31ST DECEMBER 2025**||||||||||
|||||||||||
|||||||||||
|||||**Notes**|**Unrestricted funds **|**Restricted funds**|**Endowment funds**|**Total funds**|**Total funds**|
||||||**2025**|**2025**|**2025**|**2025**|**2024**|
||||||**£**|**£**|**£**|**£**|**£**|
|**Income**||||||||||
|||||||||||
|Freewill offerings,donations andplate collections|||||42,429.55|5,880.00|-|48,309.55|48,862.36|
|Gift Aid Refund|||||6,652.41|1,859.68|-|8,512.09|8,360.55|
|Mission Support|||||-|7,876.13|-|7,876.13|8,229.49|
|Legacy: G McBurney||||||409,608.24||409,608.24|-|
|Fundraising||||||11,365.00|-|11,365.00|7,216.20|
|CharityAppeals - Special Collections||||**2**|-|6,312.33|-|6,312.33|6,178.01|
|Grants for Ukranians|||||-|4,800.00|-|4,800.00|6,000.00|
|Grants for Guildhall buildingrepairs|||||-|-|-|-|1,983.00|
|Rental income|||||9,564.56|-|-|9,564.56|8,687.04|
|Cateringincome|||||-|255.00|-|255.00|550.00|
|Receipts from SundaySchool|||||-|1,200.66|-|1,200.66|1,143.69|
|SundryIncome|||||865.26|3,764.16|-|4,629.42|4,904.96|
|Dividend|||||-|55.76|-|55.76|54.12|
|Interest|||||48.55|6,214.38||6,262.93|357.98|
|Receipts from Church's Organisations|||||-|14,827.72|-|14,827.72|13,801.14|
|||||||||||
|**Total Income**|||||59,560.33|474,019.06|-|533,579.39|116,328.54|
|||||||||||
|**Expenditure**||||||||||
|||||||||||
|General AssemblyAssessments|||||3,084.00|-|-|3,084.00|3,504.00|
|Minister Expenses|||||26,987.46|270.00|-|27,257.46|26,985.87|
|Organists and supplyministers|||||2,363.00|-|-|2,363.00|2,429.00|
|Church Expenses|||||4,275.34|-|-|4,275.34|18,173.92|
|Maintenance Manse|||||765.74|1,428.00|-|2,193.74|6,685.52|
|Maintenance Guildhall and Station|||||2,844.88|15,982.17|-|18,827.05|14,816.82|
|Mission Support|||||-|8,134.63|-|8,134.63|9,614.00|
|CharityAppeals -||||||||||
||From special collections||||-|7,096.60|-|7,096.60|7,149.72|
||General funds||||3,134.88|11,365.00|-|14,499.88|9,371.06|
|Rentedproperty: expenses|||||336.87|60,413.08|-|60,749.95|1,285.59|
|Cateringexpenses|||||-|151.18|-|151.18|325.09|
|Payments from SundaySchool|||||-|1,265.45|-|1,265.45|903.13|
|Graveyard upkeep|||||900.00|-|-|900.00|900.00|
|Sundries|||||4,760.48|530.55|-|5,291.03|4,231.77|
|Payments from Church's Organisations|||||-|12,364.88|-|12,364.88|11,974.74|
|Loan repaid|||||-|3,000.00||3,000.00|-|
|||||||||||
|**Total Expenditure**|||||49,452.65|122,001.54|-|171,454.19|118,350.23|
|||||||||||
|||||||||||
|**Excess of Income over Expenditure**|||||10,107.68|352,017.52|-|362,125.20|2,021.69
-|
|||||||||||
|On behalf of the Trustees||||||||||
|||||||||||
Rev Dr Clive Glass (Minister) 7/5/2026
Mr William Semple (Clerk of Session) 7/5/2026
|**DUNGIVEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**|**DUNGIVEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**|**DUNGIVEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**|**DUNGIVEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**|**DUNGIVEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**|**DUNGIVEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND**|||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||||
|**STATEMENT OF ASSETS AND LIABILITIES**||||||||||
|**AT 31 DECEMBER 2025**||||||||||
|||||||||||
||||||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Total**|
||||**Note**||**Funds**|**Funds**|**Funds**|**Funds**|**Funds**|
||||||**2025**|**2025**|**2025**|**2025**|**2024**|
||||||**£**||||**£**|
|**Fixed Assets**||||||||||
|Church buildings and contents|||||1,654,759.00|-|-|1,654,759.00|1,654,759.95|
|Church Hall buildings and contents|||||833,832.00|-|-|833,832.00|833,832.05|
|The Station|||||1,746,854.00|-|-|1,746,854.00|1,746,854.19|
|Manse building|||||518,070.00|-|-|518,070.00|418,070.41|
|Sexton's house: building|||||240,000.00|-|-|240,000.00|191,767.39|
|37 Magheramore Road Dungiven|||||180,000.00|-|-|180,000.00|-|
||||||__________________________________________________________________|||||
|**Total assets retained for the Church's own use**|||||5,173,515.00|-|-|5,173,515.00|4,845,283.99|
|||||||||||
|||||||||||
|||||||||||
|**Cash Funds**||||||||||
|Current accounts|||||17,011.30|100,253.78|-|117,265.08|64,524.51|
|Deposit accounts|||||-|310,955.86|-|310,955.86|1,551.36|
|Cash on hand|||||-|69.54|-|69.54|78.54|
||||||__________________________________________________________________|||||
|**Total Cash Funds**|||**3**||17,011.30|411,279.18|-|428,290.48|66,154.41|
|||||||||||
|||||||||||
|**Liabilities**||||||||||
|Loan(2025)|||||-|-|-|-|3,000.00
-|
|||||||||||
||||||__________________________________________________________________|||||
|**Total amounts outstanding**|||||-|-|-|-|3,000.00
-|
||||||**______________________________________**|||||
|||||||||||
|**Total Assets less Liabilities**||||||||**5,601,805.48**|**4,908,438.40**|
|||||||||||
|||||||||||
|On behalf of the Trustees||||||||||
Rev Dr Clive Glass (Minister) 7/5/2026
Mr William Semple (Clerk of Session) 7/5/2026
**----- Start of picture text -----**
DUNGIVEN CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS
YEAR ENDED 31ST DECEMBER 2025
1 Accounting Policies
The principal accounting policies applied in the preparation of the Receipts and Payments Account and the Statement of Assets and Liabilities are as follows:
(a) Receipts and Payments Account
All items of income and expenditure included within the Receipts and Payments Account have been accounted for on a cash receipts basis.
(b) 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 only 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.
(c) Statement of Assets and Liabilities
Fixed Assets
The congregation owns the following assets:
Church premises and contents
Church Hall and contents
The Station premises and contents
Sexton's house
Manse
Property at 37 Magheramore Road, Dungiven
All assets owned at 31st December 2025 have been included at their insurance value.
**----- End of picture text -----**
|**2**|**Special Collections**|**Special Collections**|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Income|Gift aid/interest|Payments|||
|||||||||£|£|£|||
||Remembrance SundayEarl HaigFoundation|||||||285.50|2.50|285.50|||
||United Appeal|||||||2,175.00|617.12|2,792.12|||
||Childrens' Society|||||||1,205.00|94.99|1,225.74|||
||World Development|||||||1,558.88|123.91|1,682.79|||
||Moderator's Appeal|||||||-|-|-|||
||Tear Fund|||||||551.95|12.50|574.45|||
||Release International|||||||225.00|-|225.00|||
||Annes Nel|||||||80.00|-|80.00|||
||Naomi Leremore|||||||231.00|-|231.00|||
|||||||||6,312.33|851.02|7,096.60|||
||||||||||||||
||Donations unpaid at year end totalling £1,594.14 are included in restricted funds at year end. This includes £279.15 collected in previous||||||||||||
||years for Moderator's Appeal.||||||||||||
||£1,225.74 received for Children's Society and £22.50 received for Tear Fund in previous year have been paid in current year.||||||||||||
||||||||||||||
||||||||||||||
|**3**|**Movement in funds**||||||||||||
|||||**At 1st Jan**|**Incoming**|**Outgoing**|**Transfers **|**At 31st Dec**|||||
|||||**2025**|**Resources**|**Resources**||**2025**|||||
||**Endowment funds: restricted**||||||||||||
||E Dallas|||376.98|-|-|4.34|381.32|||||
||J A Ross|||568.01|-|-|6.53|574.54|||||
|||||__________|_
______________________________________________||||||||
|||||944.99|-|-|10.87|955.86|||||
||||||||||||||
||**Restricted funds**||||||||||||
||General Fund|||2,498.33|12,106.90|-11,366.59|914.61|4,153.25|||||
||Repair fund|||28,845.74|439,168.88|-90,090.41|9,938.82|387,863.03|||||
||Mission Support fund|||4,265.06|7,876.13|-8,134.63|-|4,006.56|||||
||Youth Fellowshipfund|||1,659.52|1.51|-30.00|-1,631.03|-|||||
||Presbyterian Women|||1,280.75|1,242.01|-1,122.68|-|1,400.08|||||
||Catering|||623.96|255.00|-151.18|-|727.78|||||
||SundaySchool|||2,896.85|1,200.66|-1,265.45|-|2,832.06|||||
||Boys' Brigade|||3,692.30|4,918.03|-4,106.31|-|4,504.02|||||
||Girls' Brigade|||3,252.85|7,070.08|-5,542.93|-|4,780.00|||||
||Mums and Tots|||68.04|179.86|-191.36|-|56.54|||||
|||||_________________________________________________________|||||||||
|||||49,083.40|474,019.06|122,001.54
-|9,222.40|########|||||
||||||||||||||
||**Unrestricted funds**||||||||||||
||General fund|||16,126.02|59,560.33|-49,452.65|-9,222.40|17,011.30|||||
||||||||||||||
||||||||||||||
||**Total funds**|||**66,154.41**|**533,579.39**|**-171,454.19**|**10.87 **|**428,290.48**|||||
||||||||||||||
||||||||||||||
|**4**|**Transactions with the Trustees**||||||||||||
||||||||||||||
||The Church incurred net expenditure of £2,193.64 relatingto the runningcosts of the Manse which is occupied bythe Minister.||||||||||||
||LargyPresbyterian Church contributed £765.75 towards insurance and rates.||||||||||||
||LargyPresbyterian Church also contributed £3,253.16 to the Church towards share of expenses.||||||||||||
||The Minister's salary, pension and allowances totalled £27,257.46 for theyear.(2024 - £26,985.87)||||||||||||
||The Churchgifted the Minister £1,000 for 30years' service.||||||||||||
||Duringtheyear a total of £291.35 waspaid to Dr Glass in respect of reimbursement of expenses.||||||||||||
||||||||||||||
|**5**|**Governance costs**||||||||||||
||Governance costs of £250.00 were incurred duringtheyear of which £250.00 relates to feespaid to the independent||||||||||||
||examiner. These are included in Sundryexpenses.||||||||||||
|**2**|**Special Collections**|**Special Collections**|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Income|Gift aid/interest|Payments|||
|||||||||£|£|£|||
||Remembrance SundayEarl HaigFoundation|||||||285.50|2.50|285.50|||
||United Appeal|||||||2,175.00|617.12|2,792.12|||
||Childrens' Society|||||||1,205.00|94.99|1,225.74|||
||World Development|||||||1,558.88|123.91|1,682.79|||
||Moderator's Appeal|||||||-|-|-|||
||Tear Fund|||||||551.95|12.50|574.45|||
||Release International|||||||225.00|-|225.00|||
||Annes Nel|||||||80.00|-|80.00|||
||Naomi Leremore|||||||231.00|-|231.00|||
|||||||||6,312.33|851.02|7,096.60|||
||||||||||||||
||Donations unpaid at year end totalling £1,594.14 are included in restricted funds at year end. This includes £279.15 collected in previous||||||||||||
||years for Moderator's Appeal.||||||||||||
||£1,225.74 received for Children's Society and £22.50 received for Tear Fund in previous year have been paid in current year.||||||||||||
||||||||||||||
||||||||||||||
|**3**|**Movement in funds**||||||||||||
|||||**At 1st Jan**|**Incoming**|**Outgoing**|**Transfers **|**At 31st Dec**|||||
|||||**2025**|**Resources**|**Resources**||**2025**|||||
||**Endowment funds: restricted**||||||||||||
||E Dallas|||376.98|-|-|4.34|381.32|||||
||J A Ross|||568.01|-|-|6.53|574.54|||||
|||||__________|_
______________________________________________||||||||
|||||944.99|-|-|10.87|955.86|||||
||||||||||||||
||**Restricted funds**||||||||||||
||General Fund|||2,498.33|12,106.90|-11,366.59|914.61|4,153.25|||||
||Repair fund|||28,845.74|439,168.88|-90,090.41|9,938.82|387,863.03|||||
||Mission Support fund|||4,265.06|7,876.13|-8,134.63|-|4,006.56|||||
||Youth Fellowshipfund|||1,659.52|1.51|-30.00|-1,631.03|-|||||
||Presbyterian Women|||1,280.75|1,242.01|-1,122.68|-|1,400.08|||||
||Catering|||623.96|255.00|-151.18|-|727.78|||||
||SundaySchool|||2,896.85|1,200.66|-1,265.45|-|2,832.06|||||
||Boys' Brigade|||3,692.30|4,918.03|-4,106.31|-|4,504.02|||||
||Girls' Brigade|||3,252.85|7,070.08|-5,542.93|-|4,780.00|||||
||Mums and Tots|||68.04|179.86|-191.36|-|56.54|||||
|||||_________________________________________________________|||||||||
|||||49,083.40|474,019.06|122,001.54
-|9,222.40|########|||||
||||||||||||||
||**Unrestricted funds**||||||||||||
||General fund|||16,126.02|59,560.33|-49,452.65|-9,222.40|17,011.30|||||
||||||||||||||
||||||||||||||
||**Total funds**|||**66,154.41**|**533,579.39**|**-171,454.19**|**10.87 **|**428,290.48**|||||
||||||||||||||
||||||||||||||
|**4**|**Transactions with the Trustees**||||||||||||
||||||||||||||
||The Church incurred net expenditure of £2,193.64 relatingto the runningcosts of the Manse which is occupied bythe Minister.||||||||||||
||LargyPresbyterian Church contributed £765.75 towards insurance and rates.||||||||||||
||LargyPresbyterian Church also contributed £3,253.16 to the Church towards share of expenses.||||||||||||
||The Minister's salary, pension and allowances totalled £27,257.46 for theyear.(2024 - £26,985.87)||||||||||||
||The Churchgifted the Minister £1,000 for 30years' service.||||||||||||
||Duringtheyear a total of £291.35 waspaid to Dr Glass in respect of reimbursement of expenses.||||||||||||
||||||||||||||
|**5**|**Governance costs**||||||||||||
||Governance costs of £250.00 were incurred duringtheyear of which £250.00 relates to feespaid to the independent||||||||||||
||examiner. These are included in Sundryexpenses.||||||||||||