Company number: NI072101 Charity number: 102256 

THE WESLEY TRUST (HIGH STREET METHODIST) LURGAN (A COMPANY LIMITED BY GUARANTEE) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 


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The Wesley Trust (High Street Methodist} Lurgan<br>Annual report and unaudited financial statements for the year ended 31 December 2025<br>Pages<br>Contents 2<br>Administrative details :<br>Directors' Annual / Strategic Report 4-6<br>Independent Examiner's report to the Directors 7<br>Statement of financial activities / income and expenditure account 8<br>Balance sheet 3<br>Notes to the annual financial statements 10-11<br>**----- End of picture text -----**<br>


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The Wesley Trust (High Street Methodist} Lurgan 

Administrative details 

Charity Name: The Wesley Trust (High Street Methodist) Lurgan Charity Registration Number: 102256 Company Registration Number: NIO72101 The company is limited by guarantee and consequently does not have share capital. Registered Office: 21 High Street, Lurgan, Co Armagh, BT66 8AA Directors Rev Andrew Gibson (Chairman) Rev Harold Agnew Rev Shaun Cleland Irene Dickson Charles Hamilton (Secretary) Tom Fitzpatrick (Treasurer) 

The use of the term ‘Director’ incorporates the designation of 'Trustee’ for a charity throughout this Annual Report and Financial Statements. 

Independent Examiner 

Name: 

Keith Lutton 

Address: 91 Ballygroobany Road, Richhill, Co Armagh, BT61 9NA 

Bankers 

Name: Danske Bank 

Address: 45-48, High Street, Portadown, Craigavon, BT62 1LB 

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## The Wesley Trust (High Street Methodist} Lurgan 

## Directors’ Annual/ Strategic Report 

The Directors present the annual report and accounts for The Wesley Trust (High Street Methodist) Lurgan (known as ‘The 

Wesley Trust’) for the year ended 31 December 2025. 

## Objectives and Activities 

The objectives of the Trust are the advancement of the Christian Faith as understood by the Methodist Church in Ireland and for the promotion of the public benefit and social good of Lurgan (the ‘area of benefit’), being an area of social or economic deprivation, by alf or any of the following means: 

1. the relief of poverty. 

2. the relief of unemployment in such ways as may be thought fit, including assistance to find employment. 3. the advancement of education, training or retraining, and the provision of work experience, particularly for people who are unemployed. 

4. relief of those in need by reason of youth, age, ill health, addictions, disability, financial hardship or other disadvantage. 

## Achievements, Performance and Public Benefit 

During the year the Trustees continued to utilise the premises to realise the key objectives of the Wesley Trust. With respect to the relief of unemployment, our existing tenants, BNL Productions and the Mill Café continued to provide employment utilising al] available accommodation. 

The office space within the buildings continued to be used for youth work organised by the Youth Pastor, who has an office within the premises. The youth group meet every Sunday night between September and June. There are between 

25-30 young people coming from different local schools, and a number of young adult volunteers, who are developing their experience and skills. Throughout the year the focus for this group is personal, social and spiritual development, with a range of activities and programmes which help to further these areas of development.The young leaders also 

utilise the room for planning and evaluation meetings. 

There are monthly leadership meetings to plan local community work with volunteers across the whole town, and also 

to organise continued youth work provision in High Street Methodist Church, including with the young leaders who were being supported and developed. 

There are bi-monthly training nights for volunteer youth and children’s workers. This is offered to other focal volunteers 

as well as those who volunteer in-house. 

Face-to-face work and pastoral care meetings are held with our own volunteer group and young people. 

A youth-work-intern was appointed and shares the office space, developing her skill as a youth work practitioner. She 

plans to remain in position until completion of her academic studies in June 2028. 

The building is made available for staff and volunteer training sessions for Reach Mentoring, which works across several schools locally and in neighbouring towns. 

The BB continue to use the room during the year, both with the boys and for Jeader meetings. As do Reach & GLO. There is a group of nine 4th to 6th year young people who meet once a month on Sunday afternoons within the room, to feedback and enhanced the youth provision that we offer. 

During the year a group of young people will met regularly to plan a mission trip to Latvia where they will lead a children's camp. This partnership is developing and the plan is for a group of Latvian young people and future leaders to come to Lurgan in the Summer of 2026, when the facilities will be used for planning and running the project. The room is used to provide support to young people and their families, including phone calls, sourcing useful resources, and in-person gatherings, including with the most vulnerable who use this provision. 

A group of women meet ona regular basis in the premise under the banner of “Women Together’. 

Church members use the premises for meetings on alternative Tuesday nights for Praise and Prayer. 

## Financial review 

There was a surplus of £2,932 after depreciation of buildings (£7,673) for the year to 31 December 2025 arising from 

activities. Total reserves amount to £496,675 as at 31 December 2025S. During the year the loan borrowings were reduced from £71,385 to £62,956. 


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## The Wesley Trust (High Street Methodist} Lurgan 

## Directors' Annual/ Strategic Report (continued) 

## Going concern 

The directors have reviewed the budgets for the year ahead and are satisfied that there are adequate funds in place to ensure that the Wesley Trust can continue its activities and the financial statements for the year ended 31 December 2025 can be signed off as a going concem. 

## Goveming Document and Constitution of the Charity 

The Memorandum and Articles of Association governs the Wesley Trust. 

## Appointment of the Directors 

Two directors are appointed by the Methodist Church in {reland. The remaining members are appointed by the Council of High Street Methodist Church, Lurgan. 

## Pay and remuneration 

During the year there were no payments for pay or remunerations. No payments were made to directors. 

Funds held as custodian for others 

The Wesley Trust did not hold any funds on behalf of others during the year. 

## Organisational Structure 

The directors are responsible for the management of the Wesley Trust. Currently there are six directors. Board meetings are chaired by the Minister of High Street Methodist Church, Lurgan. The directors are responsible for making decisions on matters of general concern and importance to the Wesley Trust, including deciding how Wesley Trust funds are to be applied. 

## Statement of Directors‘ Responsibilities 

The directors are responsible for preparing the Directors’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the directors to prepare financial statements for each financial year which give a true and fair view of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the directors are required to: * select suitable accounting policies and then apply them consistently; * observe the methods and principles in the Charities SORP; * make judgments and accounting estimates that are reasonable and prudent; 

* state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and * prepare the financial statements on the ongoing basis unless it is inappropriate to presume that the charity will continue in business. 

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financia] statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

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415A of the Companies Act 2006. No directors have required the company to obtain an audit of its accounts for the year in question. 

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of the accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime. The Wesley Trust (High Street Methodist) Lurgan 

Directors’ Annual/ Strategic Report (continued) 

Statement as to disclosure to our independent examiner 

In so far as the directors are aware at the time of approving our directors’ annual report: 

* there is no relevant information of which the charitable company's independent examiner is unaware; and 

* the directors have taken all steps that they ought to have taken to make themselves aware of any relevant information and to establish that the company’s independent examiner is aware of that information. 

## Independent Examiner 

The independent examiner (Keith Lutton) has indicated their willingness to be appointed after a resolution concerning his appointment was proposed at the Annual General meeting held on 11 April 2025. 

On behalf of the Directors 

< 

Rev Andrew Gibson 

Director Date: 20| 04] 2024 2 

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