Charity Number.. NIC100252 Evangelical Presbyterian Church Annual Report and Unaudited Financial Statements for the financial year ended 31 December 2024 Daly Park & Company Ltd Charter•d Accountants and Statutory Auditor$ 4 Carnegie Street Lurgan Co. Armagh BT66 6AS Northern Ireland
Evangelical Presbyterian Church CONTENTS Page Trustees, and Other Information Trustees, Report Statement of Trustees, Responsibilities Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 10-13
Evangelical Presbyterian Church TRUSTEES, AND OTHER INFORMATION Trustees John Roger Marcus Hobson Andrew Hamblelon Mark Johnston Jeff Ballantine Stephen Roger Ken McDonald Robert Johnston Gareth Burke David Tinsley Robert Beckett Wallace Thompson Kenneth Condy Harold Gibson Mervyn Kelly Alastair Logan Allister Lucas David Gordon Andrew Lucas David Walson David Woolsey Angus MacLeod Ethan Mccarter Paul Watson Mervyn Langtry Charlty Number Sn Northern Ireland NIC100252 Principal Address 16 Huntingdale Ballyclare Co. Anlrim B T39 gxB Northern Ireland Independent Examiner Daly Park & Company Ltd Chartered Accotjntanls and Stalulory Auditors 4 Carnegie Street Lurgan Co. Arm2gh B T66 6AS Northern Ireland
Evangelical Presbyterian Church TRUSTEES, REPORT for the financial year ended 31 December 2024 The trustees present their Trustees, Report and the unaudited financial statements for the financial year ended 31 December 2024. The trustees are responsible for preparing the financial statements in accordance with applicable law and regulations. The law applicable lo charities in Northern Ireland requires the Iru51ees to prepare financial statements for each financial year which give a true and fair view of the assets, liabilities and financial position of the company as al the financial year end dale and of the surplus or deficit of the company and otherwise comply with the Charities Act (Northern Irolandl 2008. In preparing these financial statements, the trustees are required to.. select suitable accounting policies and apply them consislenlly., observe the methods and principles in the Charities SORP make jLJdgemenls and estimates that are reasonable and prudent.. state whether the financial slalements have been prepared in accordance with the relevant financial reporting framework, identify those standards, and note the effect and the reasons for any material departure from those standards- and prepare the financial slalements on the going concern basis unless it is inappropriate lo presume that the company will continue in operation. The trustees confirm that they have complied with the above requirements in preparing the financial slalements. State whether the financial slalemenls have been prepared in accordance with the relevant financial reporting framework, identify those s18ndards, and note the effect and the reasons for any material departure from those standards- and The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any lime the financial position of the company and enable them to ensure that the financial statements comply with the Charili8s Act (Northern Ireland) 2008. They are also resPQn5ible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Principal Actlvity The Trust IS 6slablished for charitable purposes only. specifically the advancement of Religion. the advancement of education and the advancement of community development. Such purposes must be carried out exclusively in a manner that is beneficial to the public and is recognised by the law of Northern Ireland as being charitable. Structure, Governance and Management Structure The charity is unincoTporaled organisalion governed by ils Deed of Trust. The charity is recognised as a charity in Northern Ireland under the reference NIC100252. In the event of the organisalion being wound up members will be required to contribute an amount not exceeding £1 each. The charity is under the control of the trustees. Revlew of Activitigs, Achlevements and Performance In 2024 the church continued ils focus on also by strengthening the foundations of church life through ils centrally driven activity and by enhancing, encouraging and supporting the work of its individual congregations. In addition, il continued to play an active part in supporting Christian work in other parts of the world. Presbytery, 8nd all its standing and special committees. met as required by the CODE, or MO frequently, if needed. There were some changes in personnel. In November, Rev Gareth Burke Istranmillisl retired from pastoral ministry after 40 years service and plans were drawn up lo install Rev John Roger as the senior minister in the Slranmillis congr8gation. Also in Novemb8r, Presbytery had the pleasure of ordainin9 and installing Ethan Mccarter as minister in the Crosscollyer St congregation, bringing a long vacancy lo a close. It was with profound sadness that Presbytery noted the death of one of its members, John Gow8n. in late February. Presbytery was however delighted to ordain and install a new elder. Angus MacLeod. in the Groomsport congregation during July. Inter-denominational r81alions were SkJPPOrted through the Moderator attending the General Assemblies of the Free Church of Scotland and the Free Church of Scotland Iconlinuingl durin9 May and the Reformed Presbyterian Church Synod in June. Presbytery also sent the Moderator and Rev Lucas lo visit Mrs Pamela Gaiya Imis5ionary in Nigerial inma 2024 to conve reelings, thanks and best wishes in markin her 30 ears of faithfvl service. In A ril. Rev
Evangellcal Pre8byterlan Church TRUSTEES, REPORT for Ihe finanaal year ènded 31 Oecombor 2024 8eatson represenled Iht dènominalion 81 Ihe EurOan Rofomed Collwuium In Budapest. Hungary 8nd in August Rev 68118ntsna w89 its dolegale al the Ooih General A88#mbly ol Ih? Orthoyox Prgsbyterian Church. h&ld in Seattlfr, USA Th• Annual Pfosbytery Day Conferen¢0 was hek1 al Cwmlin on 11 May Approximately 120 attended with addresses by PMlor Geoff Thomas IAbery8iwythl 08 tts cenlrepoinl Thg n8wly elocied Moder81oi, Rev John Roger. was insta!kJ gl this meBtiThJ IA l>mb8ry r•kJctanMy wJreod to 9+ pU)"On ol lis rnaggzlne 'Evangelul Pre5bylerian' aftgr 98 years ol nitw& iyTr1uiaion Inrx.8sed ni tNng aThJ plhor resource9 were r8diiected ltrwards refreshing 8nd Yw4',-..J :.h• Inaion'$ o'.14ine . bli4I.,ryJ wnuele plang for the rfjjebralion of the denominats"on's tntenary .-ÈSU148 '.)r txo firiwl1 yoai aro sel wl nn pege and additional notes afe provided showng Income and eXPendre bn omat8r detsil. ResetVè5 Policy The trustets5 ¢oniinue to rnonitor and updaie their rèserve8 policy In order lo est8b115h Ihe Ve1 of reserves that ar8 required to con.ue wlh our aims ar,rt objertives In luliire years R•sults and Divldends At the end of the financial year the company has asset$ of £1,895.28712023 - £1.916,6521 and Iiabilrties ol £19,658 12023- £19.8691 The net assets of tne company have decreased by £121.1541 In acCwdaD with the Deed ol Trust. the Iru5tees retsre by rotation and, b8ing eligible, offet thernselves for re4lèction Compliance wlth Sector.V4tde Legislation and Standards The company engage5 pro-actively with le9islation, standards and code5 which ar8 dtsveloped for the sector. Evangelical Prestiytenan Church subscnbes to and 15 compliant with the lollowing The Charitr'èS SORP IFRS 1021 Approvod by tho Board of Trustsè# Ort 30 October 2025 and $lgngd on Its behalf by: enR Trustee er
Evangglical Prosbyterian Church STATEMENT OF TRUSTEES. RESPONSIBILITIES loi Ihe financial year en(Sed 31 ()ecenit)eT 2024 The tru5te8s are respon51bb forprepartrYJ IN• finonool ilatefflents In awrdance with applicBble and r•gulatK)ns aF¢IKable to ¢harfW In North8m ImlarKI requir•$ Ihe trv51ees to prepare finanogl Statoments for each finanrial year wfii¢ gNe a Bnd f8ir 9W of Ihg 855étg. 118bi1rt9 fin8ncio1 Pos0n of the company as at the fin&po31 ar eirf da •t)d of th• suwlvs or deficil ol the company ond olh¢Fwi3• with the Ch8rths Acl INorth•m Irelndl 2C)8 hh8nti•i st8knnents, trnstees are requifed 10 j. %.ti?&"4 8m,.tyt.ry orAw 81 ¥pY Iheffj ¢oii$isteTrlly,' .F rrioYHThls,',M lli in Chaniie5 SOHP . Vryt. >.v' i'.kxnlt', 8S'iWralos V'at ire reasonable and prudent. , &iL5 trove been prop8Fed In accordanco wrth applicable accountsng stsndards, t¢JD'.: ?13rL4ry. volo Ihe el1 and tha teasons for any Mate81 departure from those stsn(JardS, and t..)entS OQ tho goiThJ ncern basis unless rt 19 Inappropriate to presume that th i'J- The lryJstse5 thatVy have compliod WEth the above reqU1mentS In prepanng the finanrjal snnIs. VU5tees affj spOb for keeping gdequala a¢counbng re¢ords thai are sufficient to Show and explain thg company's Itansactrons Bnd disclose wilh rea50nabl8 accuracy 81 any lime the finanual position ol the company and en* them to ensure Ihot the financial slalemenls comply with the Charitses Act (Northern Ireland) 2008 They are aL80 responsible for safegua¢ding the 285els oftha company henc8 for takirrfj reaab 5tsPS for the prevention and detecbon of fraud and other irregtslaThbes Approved by the Board ol Tru¥lts8 on 30 October 2025 and ¥igned on b•half by..
Evangelical Presbyterian Church INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF EVANGELICAL PRESBYTERIAN CHURCH We have examined the financial statements of the company for the financial year ended 31 December 2024, which comprise the Slalemenl of Financial Activities, the Balance Sheet and the related notes. Respgctive responslbllltles of trustees and examiner The company's Iruslees are responsible for the preparation of the financial slalements in accordance with the requirements of the Charities Act (Northern Ireland) 2008. The company's trustees consider that an audit is not required for this financial year under the Charities Act (Northern Irelandl 2008 and that an independent examination is required. It is our responsibility to.. examine the financial statements under section 65 of the Charities Act., follow the procedures laid down by the general Directions given by the Charity Commission for Northern Ireland under section 6519llbl of the Charities Act.. and slate whether particular matters have come lo our attention. Basis of independent examinerfs report We have examined your company financial statements as required under section 65 of the Charities Act and our examination wa5 carried out in accordance with the general Directions given by the Charity Commission for Northem Ireland under section 6519llbl of the Charities Act. An examination includes a review of the accounting records kept by the company and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from the Irust8es concerning any such m811ers. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'lrue and fair, view and the report is limited to those mallers set out in the statement below. In connection with our examination, no matter has come lo our attention which gives us cause lo believe that in, any material respect.. accounting records were not kept in accordance with section 63 of the Chari118S Act the financial statements do not accord with those accounting records the financial statements have not be8n prepared in accordance with the Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 there is further information needed for a proper understanding of the accounts to be reached. Independent examinfrr's statement We have no concerns and h8ve come across no other matters in connection with the examination lo which attention should be drawn in this report in order lo enable a proper understanding of the financial statements lo be reached. DA PARK & CO NY LTD Ch ered Accountants and Slalutory Auditors 4 Carn8gie Street Lurgan Co. Armagh BT66 6AS Northern Ireland Date,. 30 O¢tober 2025
Evangell¢al Presbyterlan Church BALANCE SHEET at 31 Owmber 2024 2024 2023 Not•• Plx•d A•••ts Investments 637,017 629.701 ym•Trt A•MI• Cbiors 874 1,286.077 21.643 1,236.727 .1 1,2S8,270 119.6581 1.286.951 Cyvdltorn.. AmouriY4 f•lllftg dv• wlthln k)n• io 119.8691 1,267,082 N•t Cur(•thtAÉ¥gt¥ 1,238.612 Tot41 l¢1• Currèftt L1bIl1 1.875.629 1.896.783 Fundg Endovrnenlfund¥ Imcotr+è funds: Resiricted trust funds Gener31 fund lunr85trictedl 399.484 11 1,J65.293 110.852 1.385.580 '. 125,654 Totsi fund* 12 1,875.629 1.896,783 Approved by the Board of Tru8tee# and authorl$ed for Issue on 30 October2025 and slgned on Its behalf by nRo Tru5t88 The now$ on page5 1010 13 form part olthe hnanc4al siaienw
Evangelical Presbyterian Church NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 December 2024 GENERAL INFORMATION Evangelical Presbyterian Church is a Charity incorporated in Northern Ireland. The registered office of the company is 16 Hunlingdale, Ballyclare, Co. Anlrim, BT39 9XB, Northern Ireland which is also the principal place of business of the company The financial statements have been presented in Pound 1£) which is also the functional currency of the company. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting policies have been applied consislenlly in dealing with items which are considered material in relation lo the charity's financial statements. Basis of preparation Th8 financial statements have been prepared on the going concern basis under the historical cost convention. modified to include certain items at fair value. The financial statements have been prepared in accordance with the Slalement of Recommended Practice ISORPI "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102" As permitted by the Companies Act 2006, the company has varied the standard formats in that act for the Statement of Financial Activities and the Balance Sheet. Departures from the standard formals are lo comply with the requirements of the Charities SORP and are in compliance with section 4.7, 10.6 and 15.2 of that SORP. statement of compliance The financigl slalements of the company for the financial year ended 31 December 2024 have been prepared on the going concern basis and in accordance with the Statement of Recommended Practice ISORPI "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102.. Incomlng Resources Voluntary income or capital is included in the Statement of Financial Activities when the company is legally entitled to it, ils financi81 value can be quantified with reasonable Certainty and there is reasonable certainty of its ultimate receipt. Enlillement lo legacies is considered established when the company has been notified of a distribution lo be made by the executor5. Income received in advance of due performance under a contract is accounted for as deferred income until earned. Grants for activities a recognised as income when the related conditions for legal entitlement have been mel. All other income is accounted for on an accruals basi$. Resources Expended All resources expended are accounted for on an accruals basis. Charitable activities include wsts of services and grants, support costs and depreci81ion on related assets. Costs of generating funds similarly include fundraising activities. Non-staff costs not allributed to one category of activity are allocat9d or apportioned pro-rala lo the staffing of the relevant service. Finance, HR, IT and adminislralive staff costs are directly 8tlribulable to individual activitie5 by objective. Governance costs are those associated with Constitutional and slatulory requirements. Investrnent$ Investments held as fixed assets are staled al cost less provision for any permanent diminLJlion in value. Income from other financial fixed asset investments together with any related lax credit is recognised in the profil and loss account in the year in which it is receivable. Debtors Debtors are recognised al the selllemenl amount due after any discount offered. Prepayments are valued al the amount prepaid net of any trade discounts due. Income recognised by the Company from government agencies and other co-funders, bul not yel received al year end. is included in debtors. Cash at bank and in hand Cash al bank and in hand comprises cash on deposit at banks requiring less than three months notice of withdrawal. Taxation No current or deferred taxation arises as the company has been granted charitable exemption. Irrecoverable valued added lax is expensed as incurred. 10
continued Evangelical Presbyterian Church NOTES TO THE FINANCIAL STATEMENTS for the financi81 year ended 31 December 2024 INCOME CHARITABLE ACTIVITIES Unrestricted Restrlcted Funds Funds 2024 2023 Grants from governments and other co-funders: Incoming resources from charitable activities 340 340 OTHER TRADING ACTIVITIES Unrestricted Restricted Endowment Funds Funds Funds 2024 2023 Voluntary Income Investment Income 2,006 411,277 1,076 18.370 414.359 18,370 545,208 23.344 2,006 411,277 19.446 432.729 568,552 EXPENDITURE CHARITABLE ACTIVITIES Dlrect Costs Other Costs Support Costs 2024 2023 Charitable activities 454,223 454,223 381.543 SUPPORT COSTS Charitable Activities 2024 2023 Insurance Help the Needy Salaries and related services Accountancy Travel & Conference Expenses IMJP Sale of 'Evangelical Presbyterian, costs Grant Church of Scotland General Expenses Dimisani Bible SchoollLakhnadon Hospital 2.179 3,354 313,422 11.630 1.768 41,872 350 21.829 16,308 41,511 2,179 3,354 313,422 11,630 1,768 41,872 350 21,829 16,308 41,511 1.966 2,205 354,610 3,200 2,145 1,188 1,446 2,303 11,730 750 454.223 454,223 381,543 INVESTMENT AND OTHER INCOME 2024 2023 Other interest 61.117 11,971 AMOUNT WRITTEN BACK ON INVESTMENTS 2024 2023 Amounts written off fixed assets investments.. permanent diminution in value 16.2581 125,3001 EMPLOYEES AND REMUNERATION The staff costs comprise.. 2024 2023 Wages and salaries 313,422 354,610 11
continued Evangelical Presbyterian Church NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 December 2024 INVESTMENTS Other Investments Total Investments Cost At 1 January 2024 Revaluations 629,701 7,316 629,701 7,316 At 31 December 2024 637,017 637,017 Net book value At 31 December 2024 637,017 637,017 Al 31 December 2023 629,701 629,701 DEBTORS 2024 2023 Other debtors Prepayments and accrued income 20,610 933 874 21,543 874 10. CREDITORS Amounts falling due within one year 2024 2023 Accruals and deferred income 19,658 19,869 11. RESERVES 2024 2023 At the beginning of the year (Deficitllsurplus for the financial year 1,896,783 {21,1541 1,709,774 187,009 At th8 end of the year 1,875,629 1,896,783 12. FUNDS 12.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestrict9d Restrlcted Endowment Funds Funds Funds Total Funds At 1 January 2023 Movement during the financial year 148,694 123.040) 1,278,263 107,317 282,817 102,732 1,709.774 187.009 At 31 December 2023 Movement during the financial year 125,654 114,802} 1,385,580 120.2871 385,549 13,935 1,896.783 121.1541 At 31 December 2024 110,852 1.365.293 399.484 1,875,629 12
conlinkjed Evangelical Presbyterian Church NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 December 2024 12.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 January 2024 Income Expenditure Transfers Balance between 31 December funds 2024 Endowment funds Church Extension Fund Capital Investment Fund 385,549 1.076 12,112 12.859 118.3701 399,484 16,2581 385.549 13,188 16.2581 {5,5111 399,484 Restrl¢ted funds Central Fund McDowell Memorial Fund&Special Need ReseNe Home & Foreign Missions Training for the Ministry Fund Young People Association Hunter Fund Williamson Bequest Fund 803.524 4.524 397,210 317,033 883,701 3,524 {1,0001 2,553 125,405 389 225,185 224.000 8,565 500 8,754 1.768 1,000 5,511 3.364 129,648 389 215,325 129,342 9,860 100.000 5,342 1,385,580 411,617 437.415 5,511 1,365.293 Unrestricted funds General Fund 125,654 2,006 16,808 110.852 Total funds 1.896,783 426,811 447,965 1.875,629 13. POST-BALANCE SHEET EVENTS There have been no significant events affecting the Charity since the financial year*nd. 14. RELATED PARTY TRANSACTIONS During the year the following amounts were paid lo Iruslees in the form of salaries for seNices as ministers lo the Church.. Garelh Burke - £28,688 Andrew Hambleton - £28,512 Marcus Hobson- £26,494 Robert Johnston - £28,597 Andrew Lucas- £33,082 John Roger- £29,946 Mark Johnston- £28,749 Ethan McCarter- £3,826 15. INDEPENDENT EXAMINERS REMUNERATION The independent examinels remuneration amounts to an audit fee of £1,80012023 - £3,200). 13