BALLYBLACK PRESBYTERIAN CHURCH - ACCOUNTS 2025
The Trustees present their Financial Statements for the year ended 31 December 2025 including a Statement of Assets and Liabilities as at that date.
| Unrestricted Restricted Endowment Total Total Funds Funds Funds 2025 2024 £ £ £ £ £ Receipts Donations and legacies 2 70,599 21,970 92,569 69,879 Charitable activities 3 0 10,936 10,936 8,678 Other trading activities 4 0 0 0 0 Investment Income 5 326 5,350 5,676 5,489 Other 6 13,115 0 13,115 10,204 84,040 38,255 0 122,296 94,250 Sale of Investments 0 0 0 Sale of fixed assets 0 0 0 Loans Received 0 0 0 Total Receipts 84,040 38,255 0 122,296 94,250 Payments Raising funds 7 390 0 390 375 Charitable activities 8 63,997 52,692 116,689 78,857 Investment costs 0 0 0 0 Other 9 0 95 95 424 64,387 52,787 117,174 79,656 Purchase of Investments 0 0 0 Purchase of fixed assets 0 0 0 Loan Repayments 0 0 0 Total Payments 64,387 52,787 0 117,174 79,656 Net receipts / (payments) 19,653 -14,532 0 5,121 14,594 Transfers between funds -11,874 11,874 0 -239 Net movement in funds 7,779 -2,658 0 5,121 14,355 Funds brought forward 98,439 20,275 3,600 122,314 107,959 Funds carried forward 12 106,218 17,617 3,600 127,435 122,314 STATEMENT OF ASSETS AND LIABILITIES as at 31 December 2025 Unrestricted Funds Restricted Funds Endowment Funds Total 2025 Total 2024 £ £ £ £ Funds Reconciliation Bank and Cash at start of year 98,439 20,275 3,600 122,314 107,959 Net movement in funds 7,779 -2,658 0 5,121 14,355 Bank and Cash at end of year 106,218 17,617 3,600 127,435 122,314 Bank & Cash Balances Bank Deposit Accounts 54,619 48,176 Bank Current Accounts 72,405 72,586 Cash in Hand 411 1,552 127,435 122,314 Note |
Unrestricted Restricted Endowment Total Total Funds Funds Funds 2025 2024 £ £ £ £ £ 70,599 21,970 92,569 69,879 0 10,936 10,936 8,678 0 0 0 0 326 5,350 5,676 5,489 13,115 0 13,115 10,204 |
Unrestricted Restricted Endowment Total Total Funds Funds Funds 2025 2024 £ £ £ £ £ 70,599 21,970 92,569 69,879 0 10,936 10,936 8,678 0 0 0 0 326 5,350 5,676 5,489 13,115 0 13,115 10,204 |
|---|---|---|
| 84,040 38,255 0 122,296 94,250 0 0 0 0 0 0 0 0 0 |
||
| 84,040 38,255 0 122,296 94,250 |
||
| 390 0 390 375 63,997 52,692 116,689 78,857 0 0 0 0 0 95 95 424 |
||
| 64,387 52,787 117,174 79,656 0 0 0 0 0 0 0 0 0 |
||
| 64,387 52,787 0 117,174 79,656 |
||
| 19,653 -14,532 0 5,121 14,594 -11,874 11,874 0 -239 |
||
| 7,779 -2,658 0 5,121 14,355 98,439 20,275 3,600 122,314 107,959 |
||
| 106,218 17,617 3,600 127,435 122,314 |
||
| 106,218 17,617 3,600 127,435 122,314 |
||
| 54,619 48,176 72,405 72,586 411 1,552 |
||
| 127,435 122,314 |
BALLYBLACK PRESBYTERIAN CHURCH - ACCOUNTS 2025
Other Assets
| Other Assets | |
|---|---|
| Fixed Assets – Note 10 - Church Premises - Fixtures, Fittings & Equipment - Vehicles Investments – Note 11 Liabilities Loans |
0 0 |
| 0 0 |
|
| 0 0 |
|
| 0 0 |
The above Other Assets and Liabilities are shown for Note purposes only.
Approved by the Kirk Session on …................. and signed on its behalf by
Rev Andras Gillicze David McCracken
Date Date
BALLYBLACK PRESBYTERIAN CHURCH - ACCOUNTS 2025
NOTES TO THE ACCOUNTS
1. ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
These accounts include the Church and all its associated organisations.
As the total income of the congregation is less than £250,000 the congregation have elected in accordance with the provisions in 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 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.
2. DONATIONS AND LEGACIES
| Recorded giving: Loose collections Donations and gifts Gift Aid Legacies and bequest |
Unrestricted Funds Restricted Funds Endowment Funds Total 2025 Total 2024 £ £ £ £ £ 998 716 0 1,714 1,553 40,676 18,360 0 59,036 57,214 28,925 2,894 0 31,819 11,112 0 0 0 0 0 |
|---|---|
| 70,599 21,970 0 92,569 69,879 |
3. CHARITABLE ACTIVITIES
| Income from charitable activities Fees from weddings and funerals Fundraising events Membership fees Grants |
Unrestricted Funds Restricted Funds Endowment Funds Total 2025 Total 2024 £ £ £ £ £ 0 1,299 0 1,299 2,805 0 1,836 0 1,836 1,010 0 3,968 0 3,968 2,011 0 2,633 0 2,633 1,165 0 1,200 0 1,200 1,687 |
|---|---|
| 0 10,936 0 10,936 8,678 |
BALLYBLACK PRESBYTERIAN CHURCH - ACCOUNTS 2025
NOTES TO THE ACCOUNTS (continued)
4. OTHER TRADING ACTIVITIES
| Letting of premises Trading income 5.INVESTMENT INCOME Deposit interest General Investment Fund Rents investment properties Other investment income 6.OTHER INCOME Manse Rental Org Funds Returned Bike Show Float Return 7.RAISING FUNDS FWO envelopes Fundraising events 8.CHARITABLE ACTIVITIES General Assembly Assessments Presbytery fees Ministry and support staff costs Congregational running expenses Donations to Missions and charities Governance costs |
Unrestricted Funds Restricted Funds Endowment Funds Total 2025 Total 2024 £ £ £ £ £ 0 0 0 0 0 0 0 0 0 0 |
|---|---|
| 0 0 0 0 0 |
|
| Unrestricted Funds Restricted Funds Endowment Funds Total 2025 Total 2024 £ £ £ £ £ 326 710 0 1,036 1,049 0 0 0 0 0 0 4,440 0 4,440 4,440 0 200 0 200 0 |
|
| 326 5,350 0 5,676 5,489 |
|
| Unrestricted Funds Restricted Funds Endowment Funds Total 2025 Total 2024 £ £ £ £ £ 9,704 0 0 9,704 0 2,911 0 0 2,911 0 500 0 0 500 10,204 |
|
| 13,115 0 0 13,115 10,204 |
|
| Unrestricted Funds Restricted Funds Endowment Funds Total 2025 Total 2024 £ £ £ £ £ 390 0 0 390 375 0 0 0 0 0 |
|
| 390 0 0 390 375 |
|
| Unrestricted Funds Restricted Funds Endowment Funds Total 2025 Total 2024 £ £ £ £ £ 14,923 0 0 14,923 13,521 498 0 0 498 481 23,659 0 0 23,659 24,581 24,377 44,741 0 69,118 31,353 0 7,951 0 7,951 8,441 540 0 0 540 480 |
|
| 63,997 52,692 0 116,689 78,857 |
BALLYBLACK PRESBYTERIAN CHURCH - ACCOUNTS 2025
NOTES TO THE ACCOUNTS (continued)
9. OTHER EXPENDITURE
| Investment properties expenses | Unrestricted Funds Restricted Funds Endowment Funds Total 2025 Total 2024 £ £ £ £ £ 0 95 0 95 424 |
|---|---|
| 0 95 0 95 424 |
10. FIXED ASSETS
The congregation owns the Church building, the Church Hall and the Cottage, all situated at 29 Ballyblack Road, Newtownards BT22 2AS, and the associated fixtures, fittings, plant and machinery. These have an insurance value of £1,128,750. £959,437 and £109,442 respectively. The congregation also owns the Manse, situated at 17 Ballyblack Road, Newtownards BT22 2AP. This has an insurance value of £451,500
11. INVESTMENTS
The congregation has the following investments. Amounts are shown at market valuation.
| Unrestricted | Unrestricted | Restricted | Endowment | Total | Total | |
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | 2025 | 2024 | |
| £ | £ | |||||
| General Investment Fund | 0 | 0 | 0 | 0 | 0 | 0 |
| Property | 0 | 0 | 0 | 0 | 0 | 0 |
| Other investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 |
12. FUND BALANCES
| Fund Unrestricted Funds General Fund Restricted Funds Property & Development Fund Missions & Charities Fund Bowling Club Badminton Club Sunday School GB Souper Seniors PW BB Youth Club Endowment Funds Trust Fund Total |
Balance at start Receipts Payment Surplus / (Deficit) Transfer Balance at end £ £ £ £ £ £ 98,439 84,040 64,386 19,654 -11,874 106,219 |
|---|---|
| 98,439 84,040 64,386 19,654 -11,874 106,219 |
|
| 12,514 23,779 35,365 -11,586 10,000 10,928 565 5,651 7,051 -1,400 1,874 1,039 509 290 235 55 0 564 562 14 576 -562 0 0 1,014 28 1,042 -1,014 0 0 3,036 4,776 4,457 319 0 3,355 8 853 784 69 0 77 774 2,864 1,984 880 0 1,653 1,192 1 1,193 -1,192 0 0 101 0 101 -101 0 0 |
|
| 20,275 38,256 52,788 -14,532 11,874 17,616 |
|
| 3,600 0 0 0 0 3,600 |
|
| 3,600 0 0 0 0 3,600 |
|
| 122,314 122,296 117,174 5,122 0 127,435 |