Receipts and Payments Account for the year ended 31 December 2025
| Unrestricted | Restricted | |||
|---|---|---|---|---|
| Funds | Funds | Total | Total | |
| 2025 | 2025 | 2025 | 2024 | |
| £ | £ | £ | £ | |
| Receipts | ||||
| Donations and plate collection | 34,271.60 | O | 34,271.60 | 36,358.21 |
| Proceeds from fundraising events | 2,927.44 | 0 | 2,927.44 | 963.40 |
| Bank and deposit interest | 1,229.92 | 9.52 | 1,239.44 | 1,479.86 |
| Investment income | 3,539.25 | 6) | 3,539.25 | 3,253.28 |
| Rental of premises | 100.00 | 6) | 100.00 | 220.00 |
| Sale of assets | 0 | 0 | 0 | 0 |
| Sale of investments | 0 | 0 | 0 | 0 |
| Grants | 2,114.48 | O | 2,114.48 | 4,522.74 |
| Other receipts | 12,735.55 | 447.00 | 13,182.55 | 25,224.74 |
| Total Receipts | 56,918.24 | 456.52 | 57,374.76 | 72,022.23 |
| Payments | ||||
| Wages and salaries | 2,020.00 | 0 | 2,020.00 | 2,090.00 |
| Diocesan costs/assessment | 35,559.12 | O | 35,559.12 | 34,407.00 |
| Church running costs | 3,814.53 | 0 | 3,814.53 | 3,477.06 |
| Glebe costs | 4,756.55 | 0 | 4,756.55 | 1,850.79 |
| Parish centre costs | 32,931.53 | 0 | 32,931.53 | 4,362.97 |
| Administration costs | 4,724.38 | 6) | 4,724.38 | 4,979.73 |
| Fundraising costs | 685.39 | 6) | 685.39 | 38.20 |
| Charitable donations | 1,190.00 | 447.00 | 1,637.00 | 1,010.00 |
| Investment in RCB funds | 6) | 6) | 6) | 3,544.12 |
| Total Payments | 85,681.50 | 447.00 | 86,128.50 | 55,759.87 |
| Excess of Payments over Receipts ~~— =~~ | ||||
| for the year before transfers | 28,763.26 | 9.52 | 28,753.74 | 16,262.36 |
| Transfers | ¢) | 0 | 0 | 0 |
| Excess of Payments over Receipts ~~—~~ ~~SSS~~ |
||||
| fortheyear | 28,763.26 | 9.52 | 28,753.74 | 16,262.36 |
On Behalf of the Trustees Trustee 1 Botbora oyehoUg Trustee2 Ling, Cotka@uc °
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Statement of Assets and Liabilities as at 31 December 2025
| Unrestricted | Restricted | |||
|---|---|---|---|---|
| Funds | Funds | Total | Total | |
| 2025 | 2025 | 2025 | 2024 | |
| £ | £ | £ | £ | |
| Cash Funds | ||||
| Current Accounts | 32,272.94 | 628.44 | 32,901.38 | 44,885.04 |
| Deposit Accounts | 45,886.18 | QO | 45,886.18 | 62,656.26 |
| Total Cash Funds | 78,159.12 | 628.44 | 78,787.56 | 107,541.30 |
| Investment Assets | ||||
| Investments in RCB/CIT Unit | 127,023.23 | O | 127,023.23 | 116,616.00 |
| Trusts | ||||
| Total Investment Assets | 127,023.23 | 0 | 127,023.23 | 116,616.00 |
| Assets retained for the | ||||
| Parish’s own use | ||||
| Parish Hall | 30,000.00 | QO | 30,000.00 | 30,000.00 |
| Rectory | 226,800.00 | 0 | 226,800.00 | 226,800.00 |
| Fixtures and Fittings | 40,000.00 | 0 | 40,000.00 | 40,000.00 |
| Total Assets retained for the | ||||
| Parish’s own use | 296,800.00 | O | 296,800.00 | 296,800.00 |
| TotalAssets | 501,982.35 | 628.44 | 502,610.79 | 520,957.30 |
On Behalf of the Trustees
Trustee 1 Borebara 5400 Ug Trustee2 Linck Cathay °
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Notes to the Financial Statements for the year ended 31 December 2025
1. Accounting policies
Set out below are the principal accounting policies which have been adopted in the compilation of the Receipts and Payments Account and the Statement of Assets and Liabilities.
(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) Statement of Assets and Liabilities
(i) Assets retained for the Parish’s own use
The assets of the Parish, retained for its own use comprise:
-
¢ Church Building and Graveyard
-
¢ Schoolhouse
-
¢ Parish Hall
-
e Rectory
-
e Fixtures and Fittings
Church Building and Graveyard
- ¢ The Church Building and Graveyard are deemed to be Heritage Assets as defined by the Charities SORP (FRS 102). These Heritage Assets are not included in the Statement of Assets and Liabilities as information on the cost or valuation is not available and such information cannot be obtained at a cost commensurate with the benefit to the users of the accounts and to Trory Parish.
Schoolhouse
- ¢ There are no reliable records of the cost of this construction/acquisition and valuation approach for such a building lacks sufficient reliability. As a result this building is not recognised in the Parish Statement of Assets and Liabilities.
Parish Hall
-
¢ The Parish Hall is recognised at the estimated valuation of the property as at 31 December 2025.
-
¢ During 2024, works commenced at the Parish Hall to install a disabled toilet, two unisex toilets and baby changing facilities, and other renovation works to the entrance area of the Parish Hall. These works were completed in early 2025.
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The total costs of the works in the years ended 31 December 2024 and 2025 was £32,728.82 (2024 - £1,325; 2025 - £31,403.82).
- ¢ Fermanagh and Omagh District Council awarded a grant of £1,312.50 toward architectural fees in the year ended 31 December 2025. The Benefact Trust awarded a grant of £2,900 in the year ended 31 December 2024. During the year ended 31 December 2023, the Rank Foundation awarded a grant of £1,750 towards these works.
Rectory
-
¢ The Rectory is recognised at the value of the property for local property rates as at 31 December 2025.
-
¢ No depreciation has been provided on the glebe house as the current estimated residual value is not less than its carrying value and the remaining useful life currently exceeds 50 years.
Fixtures and Fittings
- e Fixtures and Fittings are recognised at cost and are not depreciated, as they do not show visible signs of depreciation.
ii) Investments
Fixed asset investments comprising investment properties, investments in equities (ordinary shares) and investment in RCB/CIT Unit Trusts are initially recorded at cost and are then subsequently stated at fair value at each year end date. Investments in unquoted investments are recorded at cost and are assessed annually for impairment.
2. Reconciliation of Cash Funds
----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|2025|
|£|
|Total|cash|funds|at|beginning|of the|year|107,541.30|
|Receipts|for|the|year|57,374.76|
|Payments|for|the|year|(86,128.50)|
|Total|cash|funds|at|end|of the|year|78,787.56|
----- End of picture text -----
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3. Movement in Funds
| At1Jan | Incoming | Outgoing | At 31 Dec | ||
|---|---|---|---|---|---|
| 2025 | Resources | Resources | Transfers | 2025 | |
| £ | £ | £ | £ | £ | |
| Restricted funds | |||||
| Organ Fund | 618.92 | 9.52 | 0.00 | 0.00 | 628.44 |
| Charitabledonations | 240.00 | 447.00 | 687.007 | 0.00 | 0.00 |
~~Purposes of Restricted Funds~~
~~—~~ Organ Fund: This is a fund to provide money towards replacement or repair of organ when necessary
~~—~~ Charitable donations: This is a fund where parishoners give monies to be provided to specific charities
' Cheques related to missionary monies received in 2024 and 2025.
4. Collections for Third Parties
| 4. Collections for Third Parties |
|
|---|---|
| 2025 | |
| £ | |
| Church Army | 80.00 |
| CMS Ireland | 150.00 |
| Crosslinks | 57.00 |
| South American Mission Society | 80.00 |
| The Leprosy Mission NI | 80.00 |
| 447.00 | |
| The above amounts have been included as restricted funds. | |
| 5. Donations to Third Parties |
|
| 2025 | |
| £ | |
| Church Army | 160.00 |
| CMS | 150.00 |
| Crosslinks | 57.00 |
| Kindfund | 600.00 |
| Royal British Legion | 50.00 |
| South American Mission Society | 160.00 |
| The Leprosy Mission NI | 460.00 |
| 1,637.00 |
The above amounts have been included as restricted funds.
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The above amounts have been included in Payments for the year under “Charitable Donations”.
6. Transactions with the Trustees
Trustees who received remuneration during the year are as follows:
Mr D Wilson (Sexton) £1,500.00 Mrs B Somerville (Organist) £520.00
The Parish paid expenses of £4,756.55 relating to the running costs of the glebe house which was occupied by the Rector.
No trustee or a person related to a trustee had any personal interest in any contract or transaction entered into by the charity during the year.
7. Governance Costs
No governance costs were incurred during the year.
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