2025-12-31-accounts

Glengormley Pr•sbytsrian Church stat•rn•nt of FI￿￿¢14 Adivrtlts• IlnGwlng th• Incorn• and Exwidttur• ACc￿ntI for th• yw •nd•d 31 O•c•mb•r 2025 2025 2025 2025 2025 Tot•1 2024 Incom8 from: Regular Dtr8ct GNINJ Donations & Legac￿5 Olhar Trading AGINits"88 Inveslmonl Income Olh8r Income StyJrc8s 121.328 100 2309 ¥954 1.208 394 176,2BO 228.956 50 3.064 246 3.747 2.603 2.690 4204 Totsl In¢om• $9.$22 184,663 236,063 Exp•ndllui• On: Cenlral Church Ass0S8ff￿t Mlnistws Stspond & Co•t8 Mlnistry & SLWI Stall Wtwshlp & Fdlow5h¥) Di5ciI65Np & Ministry M6$81on & Outr8a¢h (>)vem#nc Prryerty & Equifrwit u￿ted ￿pas1 Gr4nts to Ml•Bthi & Charlll•s 20.520 $6.744 29,732 3,122 761 567 7201 25,226 20,S28 56.744 29.732 4097 1.117 14811 7201 46,852 11,019 15,782 22,523 53I59 16.015 3,115 2,023 25,465 975 3S6 15244 21.fj2• 11.019 1S.762 88.030 10,431 18,OXs Total Exp•ndllur• 143M1 64.982 208,843 242.295 N•t Surplu•llD•ncltl lor th• Y•ar 118,740 15,4001 1242001 162321 Trnn8fer8 117.7811 17.7•1 N•t Mov•rn•nt In Fund• 136.5211 12.321 1243001 162321 R•conrlllallon of Fund•: Fund Balan¢•s brought ftKwwd 243,358 118,256 366.614 372,846 Fund Balanc￿ c•rrl•d fomrd 206.637 130.$77 341414 3e6.614 I Incom• derSv•s contANJww adth, Iherafore ro slatement ol Tecwis•d gah)s ty k¥$801 b gl¥8n. 12

Gl•ngornil•y Prnsbyt•rian Chureh Balan￿ sI￿•t u •t 31 D•c•rnts•r 2025 2025 Totsl 2024 Total Rx•d A#•t Tangible Fixed Assels 181.088 166,028 Curr•nt A•a•ts Dobtors Cash al Bank & In Hand 3S319 132.143 34.830 165,7S6 167,462 200,586 Curr•nt Ubllhh• ¢r8drtors 111361 N•¢ Cuir•nl ￿•ts 161.326 2ryJ.588 N•t A••ts 342,414 386.814 Fynds: Unf••trlc¢•d Fund 206.037 243.358 R••trlct•d Fundb 130.5ri 118.256 Endowm•nt Fund• s,000 3e6.614 For the y•ar ended 31 D•cemt•r 2025 the was ¢nlll8d lo eX￿P1￿ frcffl audll ur¥J•¥ 8•ctlc¥1 65 of th• Chaimbs Act (Northem IrelaTrJl 2ty)8. Trusiee8' r•bpOn￿￿1ltioS'. Tho memborn have not r19￿￿¢ fvth9rltyto￿takn an auditofM8rLts￿nts lorth•y•ar in Qu￿tI￿ kn •ccordan wlth section 65., and . The tru$¢ees acknowbdp wesp)nsiNfdes kn CoM￿￿[Wa with th• Te¢wireffnls of tho A¢t wfth re$po¢t lo accountlng records and Ihe weparatwyi ol arxounts. Thes¢ fmandal stomonls approved byt￿ ofthg ￿Ik Sg88hJn on 22 Fobru¥y 2026 and Ar• $ign•d n Ihe* b¢haff by". .. elL VL Janln• Asqulth Tru51eO D•r•k Kyl• Tntstee The not•s on p8g•$ 14 10 18 INM ￿ intew4 pwt of¢hese lknwaal st8ternents P4P 13

Gl•ngOrn￿oY Presbytorfan Church Nots8 to thé Flnanclal Stal•m•nts for th• y•ar ond•d 31 O￿Ornb￿ 2025 1. ACCOUNnNG POUCIES a) Balls ol Pl•P￿IDn The finanoal 5tatem8nts have ￿en prewJ in ￿Cr￿daD￿ wth A¢oxJntsNJ and Rewr￿￿￿ by Chadli8s.' Statement oIR8comm8nd8d Prnclk8 a￿l￿ble lo charthas propaiiThJ thewacwjnts In accordance the Financial Reportir 51andard appliCa￿e in Ihe UK Repubb¢ ol Irelarnl IFRS 1021 leffe(ve 1 J8nuwy 20191 and th8 IChp4rtie8 SORP IFRS 1021, the Financi81 Reporknr￿ Stèndard apFl￿ab￿ In the UK and RepublK of Ifeland IFRS 1021. Gl8ThJorTry [te&b￿n maats the ofa pubk benafft enity under FRS 102. Ass•ts 8￿1 Ilabi111Iofj e initialty Tecognised at hi5toKaS castor tran5aGiK• vakn ot￿￿￿9 Slated in lh8 re￿aTrt accountiTrJ polKy note5. bl Preparatlon of Kcounts on • goln9 ciJn¢•rn b4•11 Glengorrthy Pre5byierbn Chw¢h ha$ the acfxxjnls on • gtyng both. Tho b8￿ne• sh••t 5$ Ilrong 1th stro￿ Condn￿d SUFPNt by th• m•mb•r ¢1 In¢om• IrKome 18 rewlsedth thechwlty has entldement lolhefvnds. rnndrtkns Aitach•J totho It•m(sl of Incoffla have m•t. il 15 pfLthble Ihal the rKorne be rrt•i¥od the amwnl can b8 Measur￿ relwbly. IrKome Irar government and other gr8Thts. %thelher 'ca￿l￿. gran15 ￿ 'r•V￿ue. 9rants. 18 re¢ognised when Ihe charily onli118m8nl lo th• I￿￿ts. any porformance condilKJn8 8ttached lo the wants have been mot. 11 * prt do1•￿•0. l Don4t•d S•rvI￿1 •nd F•cllllhs In accordance wilh the Charities SORP IFRS 1W21, gwwal ¢kne of ts Chority8 ¥0￿￿100r8 is noi rocogni$•d fin4￿•1￿ In th• Sl•t•m•nt of A¢Ml¢s lyjt Vw"r v￿abl& cOn1r￿ul10n l¥ acknty￿odg1d kn l• Tru51ee5' Report. •) Int•r•¥t RK•fv•bl• Inlarasl on fvnds helj on deFO)sft b Ind￿￿on recewable and tho aft￿1￿ b• nwgured rnllabty by thechwty,. ihis 1> ￿0[r￿llY upon ￿￿rica￿D of knl•rtsl or ￿Y•bI# by 8•nk. fj Fund Ar¢ountlng Unfeslricled funds are avalable for at tho dw•iicffj d Ihe Cwogotb)nd c￿111109 furtheranu of th fj¢lbve• olth& ¢harlty. t>¢$￿￿&tell funds ¢LYnprts• urv¢slTr fu￿ thot have beon 50t by thè Corwgatkmwl ComrnM80 for particular purposes. General fvnds may be tmnsfwrel totY•spJn8tefj where the Cuwalicfft81 CommKt•• wrish to U80 these fuTrJ8 for a S￿cIr￿ pur[x￿. Such funds may ￿trar￿ferred bath togenWa1fv￿Jso￿ Iho uilwba for th• dasb3nation have en or b)ryr applicabl8. R•Str￿l•d fvnd5 ar• sty18d to r￿tr￿t￿l gxpendittye imp)s•J by th• thr{x￿h thg tem)s of th8 8ppeal. ETh0o￿an1 FuThts 8r8 fvnds ￿ th8 b5 held ¥KlefirAI with Ihe ¢h8rity wlthd lo the Inco￿ g8ner8l•d from th• inv09trnont. 91 Exp•ndltur• •nd Irr•¢o¥•r•bh VAT Expendilure Is recoan￿8￿ 0[￿8 Ihere 15 3 lega or ¢t￿$t￿lC￿v8 to make a payThent to a party, rt probab￿ that 5ethement ￿11 be rewlrl lh 81rKxirt of Ihe can be rr￿S￿re￿ rella￿y.

Glengorrnl¥y Pr¥sbytsrfan ChurGh Notes to th• FinanGi•l St•mntJ for tho y•ar •ndod 31 D•¢•mb¢r 2025 I. ACCOUNTING POUCIES ICortllnu•dl gl Exp•ndltur• Irr•eov•rablè VAT Icontlnwdl Éxpendilure * cla£￿16d undor the fokwng athity h•¥dings: . Expenditure on caritat48 thhes hKludo5 the ￿$1¥ of ¢￿Iral chwch ass•$Mnts, mlnL8try and support staff, C4y8 10arn ar¥J organisation$ 8xp6nditure. church Nnning costs and admini8tration, donations and $￿p£¥t servicas to further Ihe purpo¥es of Ihe chtyrity and Iheir assoualed SUFWt cosis. . Other oxpenditure repr•s￿ts thom knms rKJltsling thto ary other ha•j￿￿. The 15 not registered tsVAT purp)￿. Ihergfore krtt0vefa￿e VAT i¥ eh•r9od to the Ststgm•nt of Flnanclal Aclvluos. or co￿1814•d 8$ port ol the cost of th8 relaled •SS¢t. appropnate. h) Allo¢AtJon of Support co•ts Support co$1$ ar IM80 fun¢tions that ass￿1 th8 wcffk of Ihe Charity butdo nol dir8cUy und8Atako tharitabk gctlvhie8. Support COSt5 Include bac office costs. finarKo. human r￿QUr￿. payrc41 and govemar• tosts %thlch $upwrt t charfW$ aetfvlU•s. ¢￿ts hav• ￿￿￿￿1¢￿ the •yTraiiur• on ¢harll•No xtlvfdal. 11 T•nglbh Ilx•d ••s•ts and d•pI•d•￿On OaprAf.IAtbnn IA rwnvKIAd Al cAraiLat￿l trj ry1t• LXt1888 r8Bldud y￿u ol ••ch •18•t ov•r kn •xpo¢tsd ofvl Iwe, a$ Idlcw8'. ChLwth and Ha118 Manso Comput•r EQ￿pm•nf Flxture8 & Flttkngs 2% Str•Wt Lkn• 2% Slr3W LI 2$% stra￿ht Llng 10% straigm Un• Jl ¢••h •¢ b•nk and In hnd Cash af bank and ca$h In indudos cash and lemi hlghty Wjd IMiosth)ents a •hr¥t m8turty ol three n￿nthS or le8$ frw Ihe data of or openir#J ol the d•K#)sil or wmlor accounL kl T￿•11¢￿ The church is 8 registered ch• and the chaiitable lax exempti￿$ are thorglora daimed to th• exlenl thul Ime andlor galns are applAblo and lo ¢hartt8t49 wrp)s85 0￿y. Th058 exemo'ons will femain In plac• 8 W gs and 9x￿d￿￿re Ls awied lo thariiablo wrwJwJ onty. Crltlel aecountlny •stbmt• ndludo•m•nts In th 8PPtlcalKJn of Ihe Charty's 8CCOLtnbrJ ￿￿10$. th• Trustees are requSred to rnake ludg8rn8nts. e5timate5 and 855UITWlions about the carrying amountof assets and Iti8￿"8s that are not readily apparent trom other sources. The estimates aThJ assrKkql8d assurnptions are t￿•0 on histrrtical expor￿ 8nd other lactcn Ihal are considered to be relevant. Aciual r•sufts may dffler from these estimates. Th• esUmat•s and unthlrvJ a￿UMp￿S ￿ r￿8Wed on an thwir¥J b•si%. R•vkKYts to a¢counllnp 8stimale$ are rwni5ed in the perpc¥J in which the e5tirnate ￿ rffi5ed wh¥¥ Ihg rèvisth affects only that p•rfL%*, or In the perkrfj ofthe wiqion aThJ lulure pefKMls whwe rev￿10￿ bjlh current aThJ fulur8 ￿lI￿J$ Pwis

Gl•ngomilty Pr•byt•rfan Church Not•¥ to th• Fln•n¢b•l SIat•rn•￿ lor th• y•¥ •nd•d 31 tl•c•mb•r 2025 2. HXED ASSErs Cornput•r &AV Equlprnont Flxtuw•• hur¢h & Halls Tot•1 Opening balarKe Addluons 273.509 .652 116.[ 114.716 3276 12.2821 74,972 579,203 24,727 12,7121 14301 Clo•lng b•lnc• 294.361 116,006 115.710 75.141 601.218 Opening balanco Charg8 for th• y•w Ellmlnaied on d￿pOsal 164.438 4,117 68.434 2,320 114.008 632 Q.2821 66,295 2,598 14301 413,175 9.667 12,7121 cro•lng balanc• 168,555 70,754 112,35B 420.1JO N•t Book V4lu• A• •t 31 D•c•mb•r 2025 125.1 45.252 3.352 6,679 111,088 A8 at 31 Decembor 2024 109.071 47.572 .677 166,028 3. DEBTORS 2025 2024 Prep8yrnents & oc¢ru•J income 35.Jt9 31,830 CREDITORS 2025 2024 A¢¢wals & dete￿¢d In￿￿8 T8x & social seojrity P8nsJC￿ payob 3,810 2321 6,136

Glengomiley Pr•$byterian Church Not•s to th• Fin￿¢11 $tal•Me￿ for th• y••r •nd•d 31 Dtt•mb8r 2025 S. UNRESTRICTED FUNDS- MOVEMENTS IN THE YEAR Oponlng Inwnlng Amounts B•l•nG• FundA Exp•nd•d Tr•n•l•r• Closlng B•l•n£• General Fund 243.358 125,141 1143,8811 117.7811 206.837 243.358 12S.141 1143.8811 117,7811 206,837 The property assets were SrKILKlod for the ftst b"m? in tha b￿ar￿a ofknds hold •t 1 J•rw 2011. The church and h￿1$ ha¥¢ beon IbKWed in the General Fund. 6. RESTRICTED FUNDS- MOVEIIENTS IN THE YEAR Op•nlng Incomlnq Amoun¢s B•l•n¢• Fund• Exp•nd•d Trnn•l•r• B•l•n¢• Property Fund MIsslon¥ Fund (hganlsBlffjd Punds 25.165 22.753 11.604 121.1491 122,5891 121.2441 11.407 14.9761 11.jao 114.449 9,340 6.78 14.152 5.078 118.2S6 59.S22 164,9821 17.781 130,577 The property As￿5 ww• i￿ud￿ lor lh• fwsl in the balBnco ol fiJnd$ held •t 1 January 2011. AI •t$ other tMn th• ¢hw¢h and h811s havg b¢en inthdèd In Pre•wty Fund. 7. ÉNDOWMENT FUNDS_ MOVEME14TS IN ThE YEAR Op•nlny Arnounls Blnc• Fund• Exp•nd•d Tr•n•l•rn Cltsllng l•n¢• Solty Stranaghan TnAt s,000 Th& 8ndcwm8nt fuThJ& consvdt of capital frjnds hebj MdDfrnrtfjty by Glengom)* Pr8sbyten"an Chwch that il h88 er to convert ￿10 ince¥ne. The Church is entitled to knterast arising from ary in¥ostrneni of the capltsl fund$. ANALYSIS OF ASSEfs BETWEEN FUNDS FuThY balances as at 31 De¢¢mber2025 ￿re reweserted ty." LknrHtrl¢t•d R••irf#t•d endo¥ffli•nt Tatal Taryib18 fixed as50ts Net ¢urr8nl I Tron-￿rreftt asseis 83.254 123.583 97.834 32.743 181.088 181,326 206,837 130,$77 5.000 342,414 P4• 17

Glongormloy Pr•8bytorlan Church Not•• to lh• Flnanclal St•m•nts lor lkne y•ar endod 31 OKernbor 2025 9. RELATED PARTY TRANSACTIONS Th• rnini¥ter 15 4 TrLth w)d wos p¥1 Ihrwjh Th8 Pr8&b￿kn cl￿ in wtih expenses belng paid by the Church. Th8 Church Vi8rtor i8 a Trustee aTrJ was pahl by the Churth as an emp￿tsy￿￿ for lh8 Who￿ of 2025. No Charty Twstee, olher Ihan ttK>se meniionod aix)ve. rrfely￿ a paymenl fu prolessional or other services suppliY to the Chwty. ring the year ltte c¢)ngroga1￿n COntr￿Ul￿d th• afflounts to FurnJ8 ol th• General A68emWy of the Pre8byten"an Ch￿￿ ￿ Ir8Lqnd. a sepwalo chty.. £20.528 for Congregatw)nal Assgssmenls £11,019 tOW8fd8 th6 Unrted Appaal Target £2.600 toward3 ItW& Wotld D•v¢b)w￿l App••l £1,200 was donated ty Pre5b￿￿￿n WoThn ￿ PCI In addition. the Corfjr•wK)n p*d loe• off £867 10 th? Nryth 8eltht ￿. PVIB