CHURCH OF IRELAND DIOCESE OF DOWN AND DROMORE
FINANCIAL STATEM
NTS
OR YH8 YEAR ENDg0 31 DECEMBER 2026
STATEMENT OF FINANCIAL ACTIVITIES IINCLUDING THE INCOME ANO EXPENDITURE ACCOUNTI
Notè
UoMBtrletod
Fuhdi
R481fl¢t•d
Funds
Ilnr•¢trl¢¢•d
Ftsnd$
R•strfci•d
Punds
Total
2D24
2025
Incomg and
¢nd¥wm•nl$ Itom..
DonatiM$ & Leoacie$
Charitable Aclivilies
2a, Jf47
342,844
371.391
46,S44
1,276,144
22fj,508
283,162
1.202.224
1,070.796
2,273.020
89,D98
905,292
2,181.436
Inveslmenis
2.657
86,441
82.062
84.831
Qlher
11,014
684,764
$95,778
128.978
269,473
396.449
Tot41
1,244,442
3,184,845
5.419.287
1.452,333
1,493,335
Z,946,6S8
xp•ndltur• on..
Ch4rKabl¢ A¢llvni¢4
1,2JQ,138
5.909
1.905,063
3,186.199
1,437,4tsè
1,295,42t
2,73J,tstsO
369,B05
375,714
(1241
242,d84
241.740
Tot•
1,236,(MS
?..274,888
3.•f10,91?
1,436,8&5
1,537.885
2.974,770
NET IOutlnglllncornB
8.397
190,0231
181.8281
15.448
144,YSOI
129,1021
GainslUo8&e¥l on
in¥estrMonl$
2.451
157,670
lfjQ,121
,497
108,2M
116.747
Transfers
021,9)n
1621.9001
1208.4381
208,436
N¢t M•vem•nt In
Pund¥
fj32,748
1564.2531
78,496
1184,4931
17Z,138
47,¢4S
Rp¢tsn¢llla¢lort ol
fvnd$
Tolsl FurNJs btoughl
loiward
21
486.434
4.222,848
4,FQS,QB2
3,$SQ,510
4.821.437
Yot41 Fund9 ¢4rrk4d
lorward
1.719,182
3,668.3BS
4,787,577
486,434
41,222,618
4.70Y,082
Th¢ $tatemgnl of lingncigl Activitlgs includes all gains and Ios808 recognisod in th8 yfrar.
All incame and expenditure derive from continuing activitios.
The ntst*ts OA pa9&$ 15 10 32 form part of Iho$e a¢counl$.
12

CHURCH OF IREUND DIOCE8e OF tsOWN Ap4L) oAOMtsRE
FINAh¢lAL $YA¥EtdENT8 FtsR THE YEAR ENDED 31 DECEMBER 2Q25
BALANCE SHEET
Notes
2025
202d
Fixed assets
rangible asset8
Inveslmenl8
14
15
4,245
2 853 972
2.858,217
8,S27
2 793 8S1
2,802,378
Curr8nt assets
Debtors
Cash al bank and in hand
17
18
250.293
781 270
2,031,563
978,162
952 076
1.930,238
CU￿￿nt Llabllltitl
Credltors.. amounts falllng due wllhln year
19
102 203
Not curr•nt &8s•t5
Total Assets LtrJ¥ Current Liabilitie5
4 709 Q82
Creditors.. amounts falllng due otter more than or)& year
20
Total N•t A¥$•ts
Funds
Unre6trlcted funds
R8$trioted
21
21
1,119,182
486,434
Total Funds
Theses financial statements were approved anLI aulhoriser5 for issue by tho Dioco$an Council on l.y,If !?.&.... and slgn•d
on its behalf by..
jClorlc&l Honorary Seerelaryl
(Lay Honorary Secr8laryl
The notes on pog¢$ 15 ts 32 form an int&gral part of IheB8 financial stat8m8nls.
13

CHURCH OF IRELAND )IO¢ESE OF DOWN AND DROMORE
STATEMEtITS FOR THE YEAR ENDED 31 DE¢EMMER 2025
Fl
CIA
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 D¢¢•mb*r 2025
202ts
2024
Note$
Cash flows from operating
actlvltl¢$
Cash yeneraled from
tsp&r#lion8
24
637,947
{1S9.2021
Inv¢stlng actlvitie*
PtsrGhas* of inve$ln)&nts
Disposal Df investment property
Di$p08al Df l*n9ible fixed assots
Investment income received
100.OQD
2,150
89,Q98
84,631
Ntrt cash lused Inllg?nerated
from Invostlng actlvltlès
191,248
84,631
Fillancing activitie$
In¢ws8lldecreasp) in bank logn$
Net cash u¥*d Ilhahclmg
activities
N•t In¢raasplld8creas8I in cash
and cash 8qulv4lonts
829,195
174,5711
Cash and cash equivalents of
beginning of ytrar
952,076
1.026.647
Cash and cash •qulvaltnts at
end ol year
1,781,271
952,076
R¢latlng to.,
Bank balan¢e$ And short term
deposits
1,781,277
952,076
14

CHURCH OF IRELAND DIOCE8E OF DOWN AND DflOMQRE
FINANCIAL STATEMENTS FOR THE YEAR Etr4DED 31 DR¢RMMER 2Q25
NOTES TO THE ACCOUNTS
ACCOUNTING POLICIES
The prln¢ip&I aeeounling policieg, judgments and key source¥ of eslimalion uncertainty are set out below.
(al Basis of a¢¢ountlng
These financial slal8manls hav8 b89n prgparfjd under tho hi61ori¢al ¢o$l conventitrn and in accordance
with applicable accounting standards. tho Slalémènl of R8comm8nded Prpclice ISORPI 'A¢¢ovnling and
Reporting by Charities" effective January 2015 and FRS 102"The Financial Reporting Standard AppI￿#ble in
Ihè UK Republic ol Iieland..
The Dioc¢san Council Members conslder that these accounting policies ar& suitable. havè been con#i8tenlly
appli•d and aré supported tyy re?$onable and prudent judgment and estlmates.
The Di¢cose of Down and Dromore mee1$ the delinition ol a public bontsfil entity under FRS 102. The
financlal slalements ale p￿Pared in a¢urdanc¢ with th¢ historical cost convention.
(b) Golng ¢Ctrn¢¢Y
Th6 Dioc•¥an Council has revlewed the budget lor the yÈa¢ aht&d, and iè $&1I9fied IhBt there are 8dequate
funds in place to ensure th?1 the Llioceg6 can continue ils aotwities. There are no malerlal un¢ertalnlSes about
the orgonisalion's ability lo continua, and on th4t bafjis it 1$ a going ¢on¢¢rn.
(¢1 Ihcorne Recognition
Income is re￿￿￿[$&¢￿ ih thé Pèriod which the ch8rty i¥ entitled to re¢eipl and th¥ amount can b• m¢#sured
with reasonable certalnly. Income Is deferred only wh&n the ¢h&rily has lo fulfil conditions before becoming
fully ontitlod to It or where the %Yontsr has 6pecifièd thai the incomels to be expended In a future perlod.
Grants, including capital grants, from the government and other ag6ncies havé boèn included as incomo from
actlvilies in further3n¢e ol the oh9rily's obj•¢ls where these amount lo a contract for services, bul included as
donallons where the mtsnÈy 1$ 9iveh in re8pDnse lo &n appeal or with greater freedom of uset, for example,
governmenl block grants, Donated facllltles are Included 81 Iht value tts the charity where this can be
quanlrfiod and a third party 1$ be?ring th• ¢081. No amounts are Included in the flnanclal slalements for
services donated by vjlunteers.
Idl Exp*ndlture
Expendrture Is Includeo In the Ststemént tsf Financial Activities on en accruals basis, exclusive of any VAT
which cgn tye re¢overea.
C8rtain expendtture is directly otlribulsb1610 spècif4o aclivilie5 and has been Included in Ihose cost categorie6.
Certain other cost5. which are allribul8ble to more than one aclivily. are apportioned 4¢ro8$ ¢osI c&ttgorifj$ on
the ba$1$ of an estimatè of the proportion of time spent by staff on those 8¢1ivrties.
{e} Fund Accountlng
Designalecl lund5 are unrestriGled funds sel gs5de al the dl$¢retlon of the tru8tees for spectfie purpo8è$.
Unreslricled funds are funds that are ivailabl• for usq al the Irust8eB' discr8tion in further8n¢8 Qt the
objective¥ of tho Diocese in accordance with the reyLklalions Ihot govern the Dioce$an Council.
R85trfcled funds are tho$e donated for uge in È p&rti¢ular area or lor Specific purpo¥e¥, Ihe use of which i¥
r8strictgd by the funcSer lo that atsa OT PUTPOSe.
If) Investmtsnts
All income from inve$lmen18 is a¢￿Unted for on an accruals bgsis. Deposit interest roceN•blo, ¢xp¢nses and
Interest payablè ar& acctsunled for on gn 8ccrual$ basis. Listed inveslmtnls ctsmprist thosè quoted on a Stock
Exchange. These Snveslmenls have bt¢n v*lued al msrkel value which 18 based on the middle mgrkel price¥
ruling 81 the closo ol bu¥iness on 31 December 2025. Any realised prolS15 or losses, arisin9 on fixed as8è1
investment saltss are lak8n direct lo th8 $t¥em8nl of finan¢i81 aclivili$$. Profil6 or lo$$e$ are calculated on the
average cost bas15.
15

¢HUR¢H QF IRÉLAND DIOCESE OF DOWN AND DROMOR
FINANCIAL 8TATEMENTS FOR TH
YEAR ÈPIDFD 31 D%CEMBER 2026
NOTES TO THE ACCOUNTS ICONT'DI
Igl D•pr•clation of tangible lixed asset5
Tahgiblè fixed &ssÈls èrts staled at COSI less depreclalSon. Depreciation io provided at rate$ G8lculated to writo
oft the cost less estlmated residual value of each a$$el over its expe¢led usgful lif8, as follows..
Equipm8nl, Flxturés & Fittings
Freehold Buildings
250/* reducing balance
20A slraighl line
Bulldings are not depfeci*ed. 11 Is the pollcy of the Dioceso to maintain properties in a Blatè of good rèpaif,
The Dlo¢e6an Goun¢il'$ a$Èèssmenl of Ine residu81 value (based on valu88 prevailing al 8CqU151tion} and useful
economic life ol the long leas8hokl property IS Such that the charge for depreciation would not ￿ si9nifi¢anl'.
ctsnsequently this propety is not depreciaed. The depreciat￿)n rate for f￿xtureS & ftEting gnd compul&r equipment
was changed lo reducing balance from slraighl line a5 the Council feel this is a b¥ller r¢fteclion of the value of
the gssets lo the Diocese.
{hl Ithptsirmé￿t of fixèd a$$&ts
Al egfjh èalance sheel dato, thè carrying amounts ol langible and intangible assets are revièwtrd lo determine
whfjther there 15 an indication that those assets have suffered an impairment loss. Where Ilie catrying valuè
8xcèeds the eslimat6d recoverable amount Ibeing the greater of lair value less cosls to sell and valufrtn-u5el.
an impairment loss is recDgnised by writin9 down the assets ca$h-generaling uni15 to their reG¢)verabl* amount.
An impairment Ioss 18 recognised immediately in the profil and Itss$. Arty reversal of a prevlous impaSfmenl1066
18 Similarly ¢e¢ogni#èd immèdiatèly In profll and loss.
111 Dobtors
Trad8 and olh8r debtors are r¢cagnis¢d at the settlement amount due art•r any trade di8counl offered.
Prepayments are valued al the arnount prepaid nel ol any Irode di¥counts due.
til Cash &t fj&rtk and Ih han
Cash and cash equivalents Include cash in hand, dgposits held at call wtth bank5 and olher short-lerm liquid
invo$tmet)l$ with onginal maturities of throe months or Its$.
Ikl Creditors and provisions
Cyedilors 2nd piovisions are reco9nised wheré thè ch8rSty has a present obllgatlon rèsulting from a p&$1 gvenl
that will probably result in the transfer of funds lo a third party and the amovnl due to settle the obligation caft
be measuted or 681ifriald rtrliably. Creditor$ and provisions aro normally recoynis6d at their settlement amount
after allowing for any tradE discounll duè.
Il) Financial inslfuments
The Ghgrily has financial assets and financial liabilitie5 of a kind that qualify as ba&1¢ financial instruments.
B&sic finanoi81 inslfun)en15 g¥e initially recognisèd at tran$actvJn value and subsequently measurpd af their
selllèrrtéfil valuè.
Im> Pen$lon ¢o$t$
The Diocese contributes 1¢ the full eosls of the pension ¥¢heme¥ for staff efNployÈd by Ihts DI¢co$8n Counoll.
Ctsnlribution¥ payable are charged lo the Revenue A¢counl in the period lo whlch they relate. These
Contrib￿110￿8 art invesled $eparalely from the assets of the Dlocèsan Goun¢il.
16

HUM¢H QF IR£LAND oio¢E¥£ OV DQWN AND DRCMOIt
FfNANCiAL STATEMENTS FOR THE YEAR ENDED JI DECEMBER 202J
NOTES TO THE ACCOUNT$ ICONY'DI
Donatlons & lègacies
2Q2
2024
DgsigNt•d Unrostilct8d
Fund6
FundÈ
Resirlcwd
F4Jthd$
Trfal
0¢$19na¢•d Unr¢$irf¢ted
Fund$
R¥strl¢ted
Donatlon8
27,638
314,0fj4
341.70D
46.644
215,784
262.428
Legacies
Glft
911
27.780
28.691
20,724
20,724
28,547
342.844
371.391
46,64
236,5Q8
283,152
Income from chailtable activities
102¥
2024
Unmtrlctod
D8$lgnaiad
Funds
R¢strl¢t
Fund
Tpt41
De¥lgThatod
Rgstrlckd
Fund5
Tatal
Fund
Parochlal
a$5è$81nonis
Mission &
miniylry
receipts
899,480
899.480
870.¥16
870,816
262,744
828,974 1.DP1,718
64.4SB
250,255
6B9,879
1,004,602
262.744
99,480
82e,974 1,991,198
fj4,48a
1,121,071
689,879
t,e75.418
Grènls
40,000
241,822
281,822
61,670
38,935
2t5.413
306.018
302.744
899.480
1.070.700 2,273,020
110,138
1,160,0
905,3.92
2,181,43S
Incomg from inv8$tm9Dts
2025
Dp$lgn¥¢ed Unr8strlct8d Rosirlebd
Funds
Funds
Funds
Tvtal
¢$lyna¢#d Unfystri¢t¢d
Funds
RgutTSctud
Fund8
Total
Divid¢rtdts
2,657
7S.452
78,1V9
10,989
2,569
72,2Z6
74,795
rncolvablo
10.989
9,836
9,836
2,657
88,441
89,098
2,569
e2,062
84,631
Othèr Ihcoffie
2125
202A
Re91rlcl•d
Tot&l
Do•lgrsOt￿ Ilnre•trl¢l•d
Funds
Rè•trl¢tsd
70ts1
Funds
Furbds
Funtts
Sundry kÈ
Sllp¢nd6
J¢lnt Cammiiiee
10,906
338,118
375,144
128,49SI
349.180
37S,144
128,4961
126,978
19,713
247,423
2,337
141,099
247,423
2.3J7
10.906
108
684,764
895,778
126,976
269.473
396,449
17

O C•OOOnlOO
o 000￿¥0 (Tr
coo000￿ry
C5
&8&8
000
cco
o CJ a
LL LL
Iliilllllll&i$&iii>iiE188888a
L> L> L> L> O c o c c o
B￿cO w IL CL fL IL & z % z x tt u u u u

Ègggg 8g&
> 1> ￿ Ui O E
qryrtq
O * C Cl
) WJ
E¥5 111
o o ey

cptURCH OF IRELAND DIOCESE OF IIOWN ANO tsAOMOrtE
PINANCIAL STATEMENTS POR THE YEAR ENDED J1 DECEMBER 202J
NOTES TO THE ACCOUNTS ICONT'DI
Breakdown ot gxpgndilurfy on ¢hafitable activities
Notes
2025
2Q24
Grants & Ministry Support
Prloritie$' fufid
Centr31 ChL*rch ABs8ssm8nts
Clergy Ponsion
Project Oelivery
Support Costs
182,525
1Y1.830
78,650
78.650
193,260
189,480
757,20$
701.238
1.113.085 1,008,642
810,493
583,190
10
3,135,199 2,733,030
Grants and support for ministry
2028
2024
Doslgnatod
FutHIg
unr￿trI¢￿4 Rgstrl¢t•tt
FU￿d$
F4¢ttd&
Yot#l O0$1gn•tid Unr•itriet•d R•stfl¢t8d
Fts￿d6
F￿ndB
Total
Grants In Su
arl hés
DOWN Caihe¥r41 I9eneral
supporti
Bangor Prfma
Belf451." 5t OoFgihe#s
Parish Support Fund.
Annalong
IWe$i NewlMard$
New¢asiie- Families Work
Support
Dlocesan RejuveTrallon
Fund_ Klll¥l¢agh
ort
1fj,DQQ
16,OOQ
s.soo
1.6OD
20,ODO
20,000
3.$90
1,5rso
1.SDO
1,SOD
5,000
5.000
B,OaO
8.000
5.OQO
5,000
6.ODO
5.000
Fund. Annatlèrlé
Dloce5on Rejuvenation
Fund. Magboral
Diooe94n Hejvvenallon
Fund. Inch
Dlocesan Relwenslion
Full￿- Illinore
t)loee$an Aejuvettdllun
Fun¢J- Knorknègoney
L)ioce&an Reiuvenalion
Fund- Sl John's Lurgan
rJio¢e&an R4IUV¢nallon
Fund. St Dorolh•a'8
Dioc6&an Reiuvanalirxi
Sl sa￿0￿r
1,000
1,000
2,500
2,500
2,5QO
2,500
2.500
1,500
s,000
S,OQO
5,000
3.500
3,$00
5.000
5,000
38.SOO 53,500
15,000
5,000
?3,DDD 38,000
Grants lor Dloc•%an &
Th?. HUB atyll8Jl
Cnui¢h Plant Fund
Min151ry Appr4nts¢* S¢hom4
Rolvv¢iigiion
Lombe.Ili Resglullov Gr8nl
3.000
6.002
5.000
18.004
6.002
e,002
$,QD2
18,004
1e,004
18,QQ4
2d.006
24,00¢
35.084
35,084
20

CIIURCH OF IRELA14D DIOCEse OF DOWN AND OROMORE
FIIIANCIAL 8TATEMENT8 FOR THE YEAR ENDÈ) OeCEMbEA 202S
NOTES TO THE ACCOUNTS {CONT'DI
Grantè and Support for ministry Icont'dl
212
1024
D•sl9n•t•d
Funds
Llnr44ffi¢t•
Ftynd4
Tofo
Do8lgThAtod
Funds
UnreBtrlctorl
FU￿dI
Rèslrlctgd
Funds
Totsi
Funtts
TTalNI
Curate3' Chi￿￿￿,
•)Wati¢¢s
Pii$lor81 Support
Clergy Conf9rwn¢$
s&b￿￿'¢I13
3.538
S.$38
2,28
2,28
5,202
34,013
7,921
47,19$
431
3,833
48,D73
7.921
5,802
9,220
15,20e
30,228
1,130
14,000
9,22Q
15,206
33.644
17,969
e5,1fj5
3,416
Tralnln
otrk Vouchers
3,800
3,eOQ
1,145
1.881
3,615
1,983
7,960
3.425
3.425
19.535
2,510
3,228
1,47
9,300
1,145
19,535
Foundation Yeof 9r8nt
Oioce3on Evange1181s
Edts¢alion ¢our¥e¥
1,8S1
2,$40
3,615
3,228
1,475
9,300
2,697
FdueallDn
Oroained LOCBI Ilinisty
'ty￿ ¢our6e$ & tfaining
Ottier
3.720
2.206
1,994
41.458
3,740
19.885
1,994
8S,I¢Y2
1,d9?
200
It,ZQ6
1.397
25.851
17.9U3
t,fj07
39,854
17,879
23.844
Total
100.205
82,J20 1$2,$25
5,000
126,770
40,080
171,830
Prolect Delivery
2025
2024
8i8hops Ministry Fund Expenditur•
Church Plant Expenditure
Communication5
Cover Duly
Di0¢￿an In-S8Nic• Fund
Prison Chgplaincy
Schèm¢ Incomé payments
st 8rendan'5 & Si Clemenl's
Youth & Chlldre
Dioc8san Links
47,131
872,840
3S,104
87,922
389
22,048
20.502
33.200
184,995
8,934
17,700
525.884
39,143
100,866
427
22,040
19,49S
32.257
200,71e
60,113
1,113.065 1,008,642
21

C14URCH OF IRELANO DIOCESE OF DOWN AND LIROMORE
AL sfA7EMENT8 FOR THE YEAR ENDED 31 DECEMBER 202S
FINANC
NOTES TO THE ACCOUNTS ICONT'OI
10
Support Cost Breakdown
Total
Cogts
2025
Total
Costs
2024
Down and Dramore and Connor Joint Commrttee Costs
Dlo¢èsan functlonar16s' exptttses
Staff salaries
staff s*cortdmerbl, paid to parish
Diocesan SLirveyor
House Costs
Diocesttn Synod Costs
Audit and aGGounlan¢y leè¥
Legal Expenses
Profe88ion&l setvi¢es
Rem¢)val grant
Bank fees
Insurance
Depreciation
IT & Photocopying
Conlattl m&n&¥emènt $yÈlem
Sundry
fjO,S38 80,$72
32,150 30,524
234,292 209.917
39,585
35,114
39,444
19.372
907
2,961
5,917
4.218
13,596
14,460
336,493 140.oe8
2,47Q
13,412
13,e19
23.508
822
839
9,500
7.920
2,132
2,842
3,825
5.208
7,208
4,880
7,700
7.355
810 493 583,190
Other trxpondlture
2025
Provislon for bad debts
Slipend$
Legal défénc8 insuran¢0
Other
13,6241 11,B391
364,209 238,247
5,548
5,432
9681
12 Net movomtnt In funds
2024
N8t movement in funds is 8tat8d aft•r charging.
Audil¢f'S r&muner*liun
Depreciation
6.000
4,800
22

CHURCK OP IRELAND DIOCESE OP DOWN AND DROMORE
PINANCIAL sfATEMEIITS FOR YME YEAR ENoe) 31 DE¢EMBER 202S
NOTES TO THE ACCOUNTS {CONT'DI
13 Staff costs
2025
2024
Down and Dromofè Staff:
Wages and salarits
Employ8T'S NIC
Pension Costs
336.109 333,683
34.172
29,755
Chutch Plont and Parish Work¢r¥tsff:
Wages 8nd sglaries
Employ*r'$ NIC
P8nsion Costs
272,141 236,888
28,882
21.912
othor:
Wage5 and salaries
Employe¢s NIC
Pension Co¥ls
126,24Q 151,065
7,800
4,905
Total Staff costs".
Wages and salaries
Employer's NIC
Pension Gosls
734,490 721,636
70,854
56,572
No employee r¢¢&ived 6molum•nls of moro than £60,00012024'. Nono)
Mana
emenl Perso
The total amount ol fmploy*e btnefila re¢èivÈd by kèy management tsrBonnel in the period was £110,383 (2024".
£107,217). The Council considers Ils key management pergonnel comprlses of the Dlocesan Secretary and Dlo¢esa
Dev81opm8nl Offic8r_
re
eralion #nd ex
ense8
The Diocèse of Down and Dromore paid allow8n¢es, gift¥ 8nd expense$ lo Dirjcesan Council Members amounting lo
£23,9>212024.. £65,010}. No chaiily Trustee received payment for professional or olhor seryices supplied to tho chaiity
12024.. £nill.
Th8 averago number ol person5 paid by th8 org?nisation during the y¢ar w•$.,
2025
2024
Down and Diomore stsff
CAur¢h Plant staff
Prison Chaplain
10
10
Totsl
The Diocese al¥0 lacilitaled the payment of nine Church Pl4nl workers and Prison Chgplains, the Salary ¢￿ts of these
workers lolalled £337,58212024'. 291,1761 The Diocese Is ièlmburÈ8d by thè rtlèv&MI Church PldnllP&rish and Northt
Ireland Prison Service for thè Salary costs Incurred.
23

HUFI¢F5 OF IRELAND DIOCE$E OF DOWN AND DROMORE
FIIIANCIAL STATEME14TS FOR THE YEAR ENDED 37 PE¢EM
025
NOTES TO THE ACCOUNTS ICONT'DI
14 Tangible fixed assets
Equlpment,
Fixlurgs &
Flttlng$
ost of valuatlon:
At 1 January 2026
Additions
Disposals
At 31 DecembeT 2025
33.856
L10.640
23,216
Dèprèciation:
Al 1 January 202$
Charué for year
Eliminated on disposal
Al 31 Oe¢¢mber 2025
25,329
2.132
-L8.490),...
18,971
Nei book valua:
Al 31 December 2025
4,243
Al 31 Decomber 2Q24
8.527
No assets were held under finance leases or hire purchase contracts.
15 Investments
Listed
Invostments
Propèrty
Investrnents
Total
Investmènts
Market Value at l January 2025
Addltlons at Gost
Disposals
R¢valu4tloD
Rèallsodlunr•allsod galnslllos$8$1
2,521,001
272,850
2.793,861
11 IX),QOO}
1100,0001
160,121
1eo,121
Marketvalue at 31 December 2025
2 681.122
172,850
2,853,972
Co$t of Invostm•nts
1,105,5S9
172 850
1278,449
24

ID r * o r4 f4 C> O
m ¢YIC
r--
f¥
ij ij
5 5 5
tL ￿ LL
j 11115,
11511111 i lj .1 fl
Iliiiilllliiiil}i}11 l il }[
75
C C E
LL LL
c c c
C* O O
LL LL
LU

HURGH OF IRELANtr tsIOCESE OF DOWN AND DROMORE
PINANCIAL STATaMEN78 FOR TrfE YEAR ENDÉD 31 L)E¢E*leER z025
NOTES TO THE ACCOUNTS ICONT'DI
16 Joint Committ09 with Connor Diocesg
JOINT IN¢OIIE & E¥PENrilfVRE A¢¢OVWT
2035
20Z4
INCQMING AESOURCES
Rénis and Conir1but5on8
120,0
120,000
Dèposlt 1n18r0￿ recelvabl
In¥estment IncomelBMnk Intarè8t
112.388
73,95S
Other Income
67
125
182.425
194.080
R£50URCES EXPEP4DELI
W89¢$ & S#larte$
Oftlce & Buildln9 Mblnl4Jn8n¢e
ou&fr Runiiinll Cos15
Deprecl&bo
21.025
1Q,¢fjd
211.89
5.593
1)7,602
172.S92
4.628
6.OBO
244.045
1FJ$,12
Oih$r *ctlVii￿s- fund% transfe￿ert
1,311,0ty)
Nel Tp)v¥*￿¥￿I ID I￿￿(1$
11,372.6ZDI
11,0441
14ET INCOMING RESOURCES
Shiie ofn?l in¢¢rnirg r*$aur¢e# due10 05a¢¥ie8 ¢1 L)own 8nd Dromore
Shgre olnel Iri¢umlng re$our¢g8 du¢19 DIoc98• Of ConnoT
1668.31QI
168fj,3101
1fj261
Balthttce 81 Y January 2025
Balance al 31 DEcember 2025
373.533
373.se2
1999.0871
372,533
BALANCE 8tIEET A7 J1 DECEMBER 2021
FIXEts AgSEr$
TanglN¢ Assets..
Share ovm2d ty Oiecese of Connor
Share owThEd by Oio¢Ese ol and Dr¢Tnore
6.937
9.251
6.937
9,251
NET fu￿RENT LIA8ILIT£S
Share owned by Oioce8e of Connor
Share owned by OiorESe of Down aThJ D[g￿9[e
201.092
889,988
205.892
8bg,988
425.8S8
1,798,47
RESERVE5
Dlt>ce8e ol Connor
212.929
899,239
899,239
1.798,478
Diocese ol Dtrvffl &rtd OromvwE
212.929
425.856
These figures do not form part of the Dloc*8* ol Down &ftd Dromore accounts and are onty shown here a8 the Dlo¢ose of
Dwn and Dromore have 8 509/1 share in the Dlocese of Down and Dromore & Connor Joint ¢ommillee.
26

CHURCH OF IRELAN) oioogsE OF tsQWN AIID trROMtsRE
P114A14¢1AL STATEMEtffS FOR THE YEAR ENDED 319ECEMBER 202S
NOTES TO THE ACCOUNTS {CONT'D
17 Debtord
202G
2024
D¢blors
Provision for doubtful debts
Joint Commlttee
Pr&p•ym&nti
85,273
180,577)
205,992
19.605
99.259
ies,3201
889,988
54.235
250,293
978.162
18 Cash & Bank
2025
2024
Funds held al..
Representative Church Body
Nationwide Building Socioly
BaTrk8
394,094
19.162
1,368,014
350,866
18.394
582.816
1.781,270
552.07fj
19 Credltor: ameunts falling due within one year
2025
2024
A¢crual$ and defarrsd income
102,203
23,534
102,203
23,S34
Crgditor.. amounts falling duo morg thon ong yoar
ZQ25
2P24
Bank loans- Danske Bank
R8pr8$8nlaliv¢ Church Body
27

o n * v) •]
c> <0
J 41>
WI
O ¢LI O ¢ry
) o
<4
ro *
o OJ
al o
$3
(J

CHURCH OF IRELAND DIOCE8E OF DOWPI AND DROMORE
F114Af4CIAL SfATEM£NTS FOR THE YEAR ENDEO 31 DECEMgER 2025
NOTES TO THE ACCOUNTS ICONT'DI
Unrestrl¢t¢d Funds
TM delaSls ol the maln elements that make up the varlous Vnre$tYlcted Fund6 are £6 follows,.
•ngral Fund- Parish Assessments
Thg delgiL8 of Ihg main elements that make up the vafjoiis Deslgnateil Funds oro as lollows".
EKpqn¥88 Fund- Yhg G*neral Qiocesan office, Clgigy Cover Duty, Prison Ch¥pl¥in¢y, R*gi8try F&¢$. & Sl BitrThdah's ahd St
Cbments Nlini¥lry Co￿r.
Developmttnt Furtd- Certlval Chur¢h A¥¥es•mènts, Ind￿Ing PrItsr￿És Fund. grant$ in $upoort ol Ohurth development & Blsh¢p'8
Office.
Mlnlgtry Fund- Pastor¥l Care, cotsnselling & general support for Ih08e in Ministry
Property Fund- The development of Diocesan office space in BelTrdSt
Development Offl¢e, Youth & Chlldren's Work- All activ￿e3 ￿latIng lo gener81 Diocegan Development work, Youth & Childien'8
SUPPQrt, inrluding Cgtnps, Confirmation WIEnd. Sumtner Modness, Youth Loadership & Mission Trips,
Oigrg¥¥n in $•r¥irg Fvnd- Support of Clergy a those in Mini¥lry- ConliTry41 Mini$l¢riél EduGalitsn. Di0¢ég#n Rèèdera. BlshoP'¥ Bible
Cotst¥è, Ordination rtrtrp¥ts & Clorgy Cpnferonce.
Diot&$an CO￿￿15n1¢•I19n~ThO wotk ol the Diocè$¥n CtKTrtnuni¢èiiuA$ Offieèr
cou￿¢11 ftjr Mla$lon- ThÈ wodt ol the Couhcll ftsi Ml8$iort
Dloeè$an Ordln&llon Fund- Stspport ol Ordinands
Dlo¢*6an LSnks- Sopport of link Dio¢eses
Re$trl¢t•d Funds
The delaib of the Tnain elements that m&ke up the various Rp¥trfctgd Fund¥ gre follow3".
Col Hou¥e Joint Commlttsg- Shales ownsd by Dip¢e#e ol Down & DtorDorg
Chur¢h Extsn¥lort Fund- Support for Chur¢h exl¢nsiDh worl<.
Young Adults Fund- To Support ytsuhg dijults work Withln the DlotÈ$e
B&lf¥$t Addllson81 Clergy- Support for Additional Cleioy in the Greater Be118s1 A
Ehdowmenl Fund- Gener81 support tsf the Oiocese in Ilne with original tru51 deeds
Supgrannuatlon For the 5UPPQft of Gletgy Pensions witrin the DigGgs9 In Ilnp wllh ortgiDal Iru$l 49edg
P¥rl¥h Support Suppgrt ol Poor por13h9￿ the do¢i¢Jp
ishtyp's MFni$lry Fynd- Support of Ihg ￿4b1￿ W¢¥k, ¢onfimiètiort$, Ordlnation8. St Patrick's D3y cèlèbratton& And Cl8r9y
Cèhférèntè.
Stlpèhd Fuhd- c￿r￿ Pèn4ion$, Stlpènds & thlld Alltswaneèa lo eurat86
So¢lal SeNl¢•6 Fund- Support of Social programm85 within the Diocosg
OMmlision•d Workors Fund- For thè support ol woman in'Commission8c* posts. Wlhln tho tyloGe$o.
IoGo8an Cathodrals FU￿d- Support fjl Down Cath$iJral ond Drornor¢ Cathodial
Gon•ral Church Pl#nt Fund- R&$trici•d ChLtr¢h Pl¥nt $upport
DundTum Church Plant Fund- Support for th• Chur¢h Planlwork in Dundrum
Lo￿t Branlol Church Plant Ftsnd- Support ttsr thè Lowèr Branlèl Church Plant
Klllough Church Plant Pund- Support of thé Church Planiwork in Killougm
tanlo ChuT¢h Plant Fund- Support for th8 Wort in Titsnic Churc
Tully£arn•t Church Plant Pund- Support olth• Church Plant work in Tullycarnol
ft•luv•natlon Fund- For th4 support ol Bhurchos ￿MMitt41 to rowlalisalion ol t￿Er rnini$trig$ & oulroach
Outr•a¢h to A•ylum $9okgYs & R•*ug•4$- Support altho outr8o¢h to A$ylum S¢èkers & R¢lJg¢¢&
F¢rB4- Support for th¢ DiDWart Mlnistry Appreniieeship S¢hem
Ca$tl•w•llan & Klleoo- Supptsrt lor the C2stlewellan & KJIGoo Church Plant
Newry Centre of MlssFon . Support for the Newry Centre ol Mission Church Plant
Warrenpolnt. Support for the Warrenpoinl Church Plant
Ards Conne¢t- Support for th& Ards Central Chtsrch Plant
Baliymacarrgtt- Support for the tsaltymac3rrott Church Plant
Re$tri¢twd Exp•n$g¥- Onward payrnent of spgufi'c exyns¢s for which Grnntknndlny h•s b¢&n r*e¢ived
30

¢HUR¢H OF IRELAND DIO¢ESE OP OOW14 AND DROMORE
FINANCIAL STATEMEf4TS FOR THE YEAR ENDED 31 DECEMBER 202S
NOTE$ TO THe A¢¢OVNrs ICONY'DI
21
Funds l¢ont'dJ
Deslgn31ed
Funds
Unreslrlcled
Funds
Rostfloted
Funds
Ttslal
Nel InGomlng I loulgoingl rescsuroe8
Tran51ei
Inciease in market v•lu¥ of inv¢$lm¢nl¥
Transfor from réserwes
1886,2831
1.460.396
2.451
893,660
1836,496)
190,0231
1621,9001
157,670
181,6261
160,121
1554,253
8,49
At 1 January 2025
270 387
648
216 047 ￿2￿,.--4 7Q9 082_
Al 31 D*¢tsnbbèr 202S
847,951
271.231
3,668 395
4 787 577
22 Anatysls ol ngt as$its b¢tw•on funds
ixgd A5&9ts
Inve61menl
Assets
urronl
A$sols
Lthng Term
T¢lal
Deslgnaled funls
Unreslricled fund8
R*strl¢l#d funds
171,994
676.957
266,986
986.417
1,929,360
847,951
271,231
3,688.39S
4,787,577
4,245
2,681,978
2,853,972
4,245
23 Pension costs
Deflned contrlbutlon scheme
The Di￿6$an Councll operiles a defined contribution p8nsion $ch•m8. The a$s•ls of thè scheme arts held separately
from thosè of th• oryanisalion in an independently administered fund. The pension ¢usl and chargè represent
contributions p8yable by the CoLsn¢il lo the fund amounted to £39,268 {2024.' £36.D971.
Tho Down and Dromor8 8 ¢onnor Joint Commbtteg QP8rates a dgljned contribution schgme and a s8paral8 larg818d
group personal pension $¢heme. The sch¢mo does not 9uar3nlo¢ th$ lfrvel of benefits achieved by members. The 855els
of the scheme are held separately from those Qf the Joint Committee in an Indèpendenlty administered fund. The pensicn
C03t8 chaTge repiesents contribution payable by the Joint comm￿lee lo the fvnd end the costs of death in service benefits
for employees mounted £10,121 12024, £8,2401
31

CHURCH OF IRELANO DIOCESE OF DOWN AND DROMORE
FINANerAL STAT£M£NTS FOR THE YEAR ENDED 31 0ECEhlB£R 2025
NOTES TO THE ACCOUNTS ICONT'DI
Recgnciliatlon ol Operjtlng Surplus to N$t C?$hflow from operating Activities
2025
2024
Nel incoming resources for tho y$ar
Deprttcialion
IDecrea8ellin¢re•s6 in cr•dilor$
Dacre05ellincfeasel in dèblor$
Inv•$lmenl Income r6c•ivable
Gain8 on invostmènls
78,495
2,132
78,670
727,869
189,0981
1160,1211
87,845
2,642
14,5891
143,7241
184,6311
1116,7471
Ntt ¢aèh ittflowllouttlowl frtsrrt operatin# activities
837,947
1159,2021
26 Relatett Party Transactlons
During the yoar *nded 31 Decombor 2025, Tht Diocesè ttf Down and Dromore paid allowances, gifts and exp¢ns¢$ lo
Dioce53n Council Members amounting to £23,99212024'. £85,010).
Tl)¥ parish of Ballyboen rè¢tiv&d f.19,108 tho p&riÈh Sh&nkill Èa¢h rectsivtrd £19,505 to r&fl¢cl the wts￿ carried out on
Diocesan bltsiness by the Archdeacon of Down and the Archdeacon ol Dromore.
The Diocese of Down & Oromore li on6 of elèven Dioc•s•s that mak& up the Church of Iroland. Th¢ Dioc¢$e of Down &
Dromore inleracls and work5 with several cllnnected or9anisalions within the Church of Ireland, Ihese being thè Diocese
of Down & Dramore & Connor Joint Cammittee, the Representative Church Body. the Church ol Ireland TTuslee8, the
Church of Ireland Orphans & Childrtrn'$ Socitrty ftrr the Counties of Anlflm & Down, and the Church of Ireland PrlorSties
Fund. The Dio¢ese of Down & Dromore is Gonnecled with the above bDdiÈS by virtue of a numbèt of Dioc*s&n Cotsncil
members being representatives on the decision.maKing bodies ol these organisalions. Durtng th? year IranBacliong Nvilh
these bDclies amounl¢d lo incom6 of £645,54512024.' £216,539) and 6xpendrture 01 £1,512,58512ts24'. t1,323,7861.
The Diocese of Down and Dfomore has 8 50¢A slake in the Joint Committee.
26 Cotttlhgè#t Ll*bllltl*s
A conlingenl liability exists where the Diocese has lo pay If+e Stipend and Pension payments lo the RC8 for Parish8s
when they ara unable lo cover the costs of Ihelr Incumbent's Stipend and Pen81on. This is monitored by the Council on a
regular ba5}5.
IDSQ9858
32