## **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|