Worship God · Build His Kingdom · Share His Love
First Larne Presbyterian Church a Congregation of the Presbyterian Church in Ireland
Trustees Annual Report For the year ended 31 December 2025
Registered with the Charity Commission for Northern Ireland NIC 104895
FIRST LARNE PRESBYTERIAN CHURCH TRUSTEE’S ANNUAL REPORT For the year ended 31 December 2025
TRUSTEES ANNUAL REPORT
The Trustees present their Annual Report and Financial Statements for the year ended 31 December 2025 including a Balance Sheet as at that date.
REFERENCE AND ADMINISTRATIVE DETAILS
The organisation First Larne Presbyterian Church, a Congregation of the Presbyterian Church in Ireland, 2 Inver Road, Larne BT40 3BW is a Charity, registered with the Charity Commission for Northern Ireland with Registration Number NIC104895. The Board of Trustees of the charity is called the ‘Kirk Session’. Members of the Kirk Session are known as ‘Elders’. The names of the present Elders, and any past Elders who served during the year, are given below, together with the names of the charity’s external advisors.
CHARITY TRUSTEES
The Charity Trustees who served during the year or who were Trustees at the date of this report were:
Rev. Dr. C.D. McClure Mr. R. Tweed Mrs. G. Alexander Mrs. B. Alexander Mr. J. Alexander Mrs. J. Arnold Mrs. J. Bryson Mr. A. Carmichael to 31 03 2025 Mr. N. Carmichael Mr. R. Craig Mr. R. Garrett Mrs. S. Hollinger Mr. W. Hollinger Mr. B. Hunter Mr. D. Jenkins to 13 01 2025 Mr. S. Lindsay Mrs. M. Lindsay Mr. G. Lorimer Mr. N. McAuley Mr. J. McClure Mr. K. McKinley Mrs. M. Magill Mr. W. Magill Mr. J. Millar Mrs. B. Moore Mr. N. Moore Mr. R. Moore Mrs. H. Murray Mr. N. Murray Dr. S. Reid Mr. S. Ross Mr. D. Simms Mrs. L. Swann
FIRST LARNE PRESBYTERIAN CHURCH TRUSTEE’S ANNUAL REPORT For the year ended 31 December 2025
Mr. W. Swann Mrs. J. Tweed Mrs. S. Torbitt Mr. T. Torbitt Mrs K Wylie
PRINCIPAL OFFICE BEARERS
Minister Clerk of Session Secretary to Congregational Committee Treasurer
Rev. Dr. C.D. McClure Mr. R. Tweed Mrs. J. Evans Mrs. S. Torbitt
INDEPENDENT EXAMINER
MBS Chartered Accountants 3 High Street LARNE BT40 1JN
BANKERS
Ulster Bank Limited 11-16 Donegall Square East Belfast BT1 5UB
STRUCTURE AND MANAGEMENT
The Kirk Session
The Charity Trustees of the Congregation of First Larne Presbyterian Church are the members of its Kirk Session who are known as ‘Elders’. Under the Congregation’s governing document, The Code, the book of the constitution and government of the Presbyterian Church in Ireland, the Kirk Session seeks to watch over and promote the spiritual interest of the Congregation and of persons not connected with the Congregation who are within its bounds. It ensures that pastoral care is in place in the Congregation and seeks to further the contribution of the Church to Christian witness and service in the local community. The Kirk Session has delegated to its Congregational Committee the temporal affairs of the Congregation including administering all funds and property belonging to the Congregation. Members of Kirk Session are ex-officio members of the Congregational Committee.
The Kirk Session consists of the ordained minister and the ruling elders of the Congregation. All members are entitled to propose, speak and exercise equal votes at meetings, except that the Moderator, usually the minister in active duty in the Congregation, has no deliberative but only a casting vote.
Stated meetings of the Kirk Session are usually held nine times a year.
The duty of ruling elders as members of Kirk Session is to work together with the minister in the oversight and government of the Congregation, for the upbuilding of God’s people in spiritual fruitfulness and holy concord, and for the extension of Christ’s kingdom among all people.
FIRST LARNE PRESBYTERIAN CHURCH TRUSTEE’S ANNUAL REPORT For the year ended 31 December 2025
To be chosen for the office of the eldership in the Congregation a person must be a voting member and a regular attendant on its ordinances. The selection of those proposed to be called to the office of the eldership can be either by the Congregation or by the Kirk Session. Members are elected if they obtain the votes of two-thirds of those who vote.
Presbytery
Under the Presbyterian Church in Ireland form of governance, the corporate oversight of a Congregation is the responsibility of a Presbytery which superintends generally the spiritual and temporal affairs of the Congregations assigned to it by the General Assembly of the Presbyterian Church in Ireland. First Larne Presbyterian Church has been assigned to the Carrickfergus Presbytery of the Presbyterian Church in Ireland. The membership of the Presbytery consists mainly of the active ministers of Congregations assigned to it by the General Assembly of the Presbyterian Church in Ireland, ministers who have retired from active duty and one elder appointed by each of the Kirk Sessions of the Congregations within the Presbytery.
The General Assembly
The General Assembly of the Presbyterian Church in Ireland is the supreme court of the church, representing in one body the whole church and acting as its supreme legislative, administrative, and judicial authority, in dealing with all matters brought before it. The General Assembly is normally constituted during the month of June in each year for worship and to conduct its business. At the end of business, it is dissolved. The membership of the General Assembly consists mainly of the active ministers of each Congregation, retired ministers and a representative elder appointed by the Kirk Session of each Congregation.
DESCRIPTION AND PURPOSE
First Larne Presbyterian Church is a Congregation of the Presbyterian Church in Ireland. The Presbyterian Church in Ireland, as a reformed church within the wider body of Christ, is grounded in the scriptures and exists to love and honour God through faith in His Son Jesus Christ and, by the power of His Spirit, to enable her members to play their part in fulfilling God’s mission to the world.
The mission purpose of the Congregation of First Larne Presbyterian Church is to ‘ Worship God, Build His Church and Share His love . ’
ACTIVITIES AND OBJECTIVES
The Congregation of First Larne Presbyterian Church meets for worship every Sunday, usually in the morning at 11am and as arranged in the evening, usually at 7pm, when visitors are most welcome. Services of worship are also made available online through Facebook, YouTube and www.firstlarne.org The sacrament of the Lord’s Supper, also known as Communion, is usually celebrated by the Congregation in early January, on Good Friday evening, in June and in September of each year. Visitors who are communicant members of other Congregations of the Presbyterian Church in Ireland and of other Christian churches are invited to partake of the Lord’s Supper. The Congregation has regular meetings for prayer, bible study and fellowship as well as a wide range of activities and organisations including for children, young people, and adults.
FIRST LARNE PRESBYTERIAN CHURCH TRUSTEE’S ANNUAL REPORT For the year ended 31 December 2025
ACHIEVEMENTS AND PERFORMANCE
Worship and Prayer
The Congregation of First Larne Presbyterian Church meets for worship every Sunday usually in the morning at 11am and as arranged in the evening, usually at 7pm, at First Larne Presbyterian Church, 2 Inver Road, Larne BT40 3BW. Services of worship are also made available online through Facebook, You Tube and www.firstlarne.org Prior to the morning service at 10.15am, members usually meet for a time of prayer to which all are invited. Small Groups meeting during the week give an opportunity for members and friends to meet together for fellowship, bible study and prayer. As well as regular Sunday morning and evening services the Congregation acknowledges God’s gift of new life at Sacraments of Baptism, celebrates Marriage Services and offers Services of Thanksgiving at times of bereavement.
Pastoral Care
Members of the Congregation who are unable to attend church due to sickness or age are contacted, usually with a visit, on a regular basis by a member of the ministry team. Pastoral care is also provided at times of hospital admission, illness, and bereavement.
Safeguarding
As safeguarding is a fundamental governance responsibility for all charities, the Trustees seek to ensure that robust safeguarding policies and procedures are in place in First Larne Presbyterian Church, that risks are managed effectively and that any incidents are reported promptly to the relevant authorities in accordance with best safeguarding practice. Including by implementing the safeguarding guidance of the Presbyterian Church in Ireland in relation to children and vulnerable adults, the Trustees seek to prioritise the safety and wellbeing of all those whom they serve.
Mission and Outreach
The Congregation of First Larne Presbyterian Church is involved in a variety of mission and outreach activities in the local area and beyond. This includes hosting outreach sessions of the Larne Foodbank.
The Congregation supports the United Appeal for Mission of the Presbyterian Church in Ireland. This fund enables Congregations to support the wider work of the Presbyterian Church in Ireland doing mission and outreach beyond what any Congregation could do on its own. This United Appeal for Mission provides financial support for mission personnel at home and overseas, assists Congregations with the deployment of locally based staff, enables church planting, provides grant support for the upkeep of church premises, assists with the running costs of Union Theological College, the church’s training college for ministry students, and financially supports Congregations in the areas of worship, discipleship, global mission, outreach, leadership, and pastoral care.
The Congregation of First Larne Presbyterian Church is in missional partnership with Zaro CCAP Congregation in north-east Malawi, a part of the Church of Central Africa Presbyterian, for the mutual benefit of both Congregations.
Presbytery
The Congregation is represented at the regular meetings of the Presbytery of Carrickfergus by the Minister of the Congregation and by one of the Elders. This provides an important link between the
FIRST LARNE PRESBYTERIAN CHURCH TRUSTEE’S ANNUAL REPORT For the year ended 31 December 2025
Congregation and the wider structures of the Presbyterian Church in Ireland and enables representatives of the Congregation to participate in the oversight of other Congregations within the Carrickfergus Presbytery.
Organisations
The many groups and organisations within the Congregation of First Larne Presbyterian Church continue to be effective in working out the mission purpose of the Congregation by providing much needed programmes of activities for children, young people and adults.
Volunteers
The Charity Trustees, the Elders, wish to acknowledge their deep appreciation of those who give freely of their time by serving on Congregational Committee and on working groups, helping with worship and with groups, organisations and other church activities, as together we seek to ‘ Worship God, Build His Church and Share His love . ’
PUBLIC BENEFIT STATEMENT
The Presbyterian Church in Ireland meets the public benefit requirement by providing benefit to its members and to the general public by making known the Christian Gospel of the Lord Jesus Christ through the advancement of religion.
The direct benefits which flow from the purposes of the Church include the gaining of an understanding of Christian beliefs as set out in the Bible and in the Church's subordinate standards (the Westminster Confession of Faith and the Shorter and Larger Catechisms) leading to spiritual and moral development and opportunities for response to Bible teaching.
In turn, this framework leads to practical expressions of Christian beliefs and standards in the local community such as through the care of those in need including the sick, disabled, and bereaved.
Generally, the above benefits are delivered locally by Congregations and their members or are facilitated through presbyteries or are organised and delivered centrally. Local delivery is facilitated by central resources in almost all cases.
Public access is made known through the use of noticeboards, printed material, social media, the Congregation’s website www.firstlarne.org and in other ways.
Many organisations in the local community and beyond benefit from using the premises of First Larne Presbyterian Church for their activities.
The benefits are demonstrated through regular evaluation of the services and informal and ad-hoc feedback from members, their families, and members of the public. The purpose does not lead to harm.
The only private benefit flowing from our purpose is related to Ministers, Missionaries, Deaconesses, Irish Mission workers and Lay Agents who receive benefits as a result of their holding office or employment. However, this is incidental and necessary in order to further our charitable purpose. There are no other private benefits.
The beneficiaries of this purpose are members, their families, other individuals that the Presbyterian Church in Ireland is in direct and indirect contact with, the community in which pastoral services are
FIRST LARNE PRESBYTERIAN CHURCH TRUSTEE’S ANNUAL REPORT For the year ended 31 December 2025
provided and other communities throughout Northern Ireland, the Republic of Ireland, and worldwide which benefit from our engagement with and support for both Christian and other secular organisations, charities and individual members of the public.
The Kirk Session has had regard to the Charity Commissions public benefit requirement statutory guidance.
FINANCIAL REVIEW
The Congregation’s main source of income is members’ contributions through the Freewill Offering and other donations both weekly and by regular bank transfer. There were 353 contributors during the year donating a total of £117,026 to general funds (£116,756 in previous year, 2024).
Total income of the Congregation during the year was £196,296 compared to £207,006 in the previous year.
Total expenditure decreased from £215,505 to £211,529.
RESPONSIBILITIES IN RESPECT OF THE FINANCIAL STATEMENTS
The Trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
The Trustees are required to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Congregation and the financial activities for that year. In preparing the financial statements the Trustees are required to:
-
Select suitable accounting policies and then apply them consistently
-
Make judgements and estimates that are reasonable and prudent
-
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the funds will continue in operation.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the funds transactions and disclose with reasonable accuracy at any time the financial position of the Congregation and enable them to ensure that the financial statements comply with the Statement of Recommended Practice “Accounting and Reporting by Charities (1 January 2015)”. They are also responsible for safeguarding the assets of the Congregation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
GOING CONCERN
The activities of the Congregation are dependent on ongoing contributions from its members. The Trustees are of the opinion that the Congregation has sufficient resources at the date of approval of these financial statements to meet commitments which will arise in the year from the date of signing this report and subject to the continuing support from members to fund on an ongoing basis, the Congregation’s current activities and other financial commitments.
FIRST LARNE PRESBYTERIAN CHURCH TRUSTEE’S ANNUAL REPORT For the year ended 31 December 2025
RESERVES POLICY
The Trustees have considered the level of unrestricted reserves that it is appropriate to hold taking account of current and ongoing commitments. It is the policy of the Trustees to hold at least six month’s normal expenditure from unrestricted funds. At the year end, unrestricted reserves were £183,340 which represents a higher level of reserves. The Trustees, however, consider it prudent to hold reserves at this level as the funding of its present activities is dependent on the ongoing financial support of members.
RISK REVIEW
A review of major risks has been undertaken by the Trustees and systems and procedures implemented to manage identified risks. The principal risks are in relation to the likelihood of reputational damage and financial risks associated with the expectation of ongoing financial support from members. These risks are mitigated by the Trustees, and the Congregational Committee, regularly monitoring the various activities of the Congregation at stated meetings and by encouraging members in their regular giving.
Approved by the Kirk Session at a meeting on 14[th] May 2026 and signed on its behalf by
R Tweed
Mr. R. Tweed Clerk of Session
Date: 14[th] May 2026
FIRST LARNE PRESBYTERIAN CHURCH TRUSTEE’S ANNUAL REPORT For the year ended 31 December 2025
RECEIPTS AND PAYMENTS STATEMENT For the year ended 31 December 2025
| Notes | Unrestricted Funds |
Restricted Funds |
Endowment Funds |
Total Funds 2025 |
Total Funds 2024 |
|
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | ||
| Receipts: | ||||||
| Donations and legacies | 2 | 134,243 | 31,143 | 1,767 | 167,153 | 174,720 |
| Charitable activities | 3 | 620 | 12,649 | - | 13,269 | 16,073 |
| Other trading activities | 4 | 11,636 | - | - | 11,636 | 11,850 |
| Investments | 5 | 946 | 398 | 1,642 | 2,986 | 2,962 |
| Other | 6 | 1,255 | - | - | 1,255 | 1,401 |
| _ | _ | _ | _ | _ | ||
| Total | 148,700 | 44,189 | 3,409 | 196,298 | 207,006 | |
| _ | _ | _ | _ | _ | ||
| Payments: | ||||||
| Raising funds | 7 | 459 | - | - | 459 | 459 |
| Charitable activities | 8 | 168,166 | 42,904 | - | 211,070 | 215,046 |
| Other Expenses | 9 | - | - | - | - | - |
| _ | _ | _ | _ | _ | ||
| Total | 168,625 | 42,904 | - | 211,529 | 215,505 | |
| _ | _ | _ | _ | _ | ||
| Net gains/(losses) on | - | - | (609) | (609) | 638 | |
| investments | _ | _ | _ | _ | _ | |
| Net Receipts/ (Payments) | (19,925) | 1,285 | 2,800 | (15,841) | (7,861) | |
| Transfers between funds | 2,025 | (1,985) | (40) | - | - | |
| Gains/(losses) on revaluation | - | - | - | - | - | |
| of fixed assets | - | - | - | - | - | |
| _ | _ | _ | _ | _ | ||
| Net movement in funds | (17,900) | 700 | 2,760 | (15,841) | (7,861) | |
| Reconciliation of funds: | ||||||
| Total funds brought forward | 201,242 | 271,442 | 130,697 | 603,381 | 611,242 | |
| _ | _ | _ | _ | _ | ||
| Total funds carried forward | 183,342 | 270,742 | 133,457 | 587,540 | 603,381 | |
| _ | _ | _ | _ | _ |
FIRST LARNE PRESBYTERIAN CHURCH TRUSTEE’S ANNUAL REPORT For the year ended 31 December 2025
STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2025
| Notes | Unrestricted Funds |
Restricted Funds |
Endowment Funds |
Total Funds 2025 |
Total Funds 2024 |
|
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | ||
| Fund Reconciliation: | ||||||
| Bank and Cash at start of year | 201,242 | 271,442 | 130,697 | 603,381 | 603,381 | |
| _ | _ | _ | _ | _ | ||
| Net movement in funds | (17,900) | 700 | 2,760 | (15,841) | (7,861) | |
| _ | _ | _ | _ | _ | ||
| Bank and Cash at end of year | 183,342 | 270,742 | 133,457 | 587,540 | 603,381 | |
| _ | _ | _ | _ | _ | ||
| Other Assets | ||||||
| Fixed Assets | 12 | - | - | - | 220,000 | 220,000 |
| Investments | 13 | - | - | - | 18,713 | 18,850 |
| _ | _ | _ | ______ | ______ | ||
| - | - | - | 238,713 | 238,850 | ||
| _ | _ | _ | _ | _ |
Approved by the Kirk Session at a meeting on 14[th] May 2026 and signed on its behalf by
Mr. R. Tweed Clerk of Session
FIRST LARNE PRESBYTERIAN CHURCH TRUSTEE’S ANNUAL REPORT For the year ended 31 December 2025
NOTES TO THE ACCOUNTS 31 December 2025
1. ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
As the total income of the congregation is less than £250,000 the congregation have elected in accordance with the provisions in The Charities (Accounts and Reports Regulations (Northern Ireland) 2015 to prepare its accounts on a receipts and payments basis.
FUND ACCOUNTING
Endowment funds are funds, the capital of which must be retained either permanently or at the congregation’s discretion; the income derived from the endowment is to be used either as restricted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place.
Restricted funds comprise (a) income from endowments which is to be expended only on the restricted purposes intended by the donor and (b) revenue donations or grants for a specific congregational activity intended by the donor. Where these funds have unspent balances, interest on their pooled investment is apportioned to the individual funds on an average balance basis.
Unrestricted funds are income funds which are to be spent on the congregation’s general purposes. Designated funds are general funds set aside by the congregation for use in the future.
FIRST LARNE PRESBYTERIAN CHURCH TRUSTEE’S ANNUAL REPORT For the year ended 31 December 2025
NOTES TO THE ACCOUNTS 31 December 2025
2. DONATIONS AND LEGACIES
| Unrestricted Funds |
Restricted Funds |
Endowment | Funds | Total Funds 2025 |
Total Funds 2024 |
|
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | ||
| Recorded giving: | ||||||
| Loose collections | 180 | - | - | 180 | 1,244 | |
| Donations and gifts | 117,026 | 26,652 | - | 143,678 | 143,819 | |
| Gift Aid & charitable giving | 17,037 | 4,491 | - | 21,528 | 24,157 | |
| Legacies and bequest | - | - | 1,767 | 1,767 | 5,500 | |
| _ | _ | _ | _ | _ | ||
| 134,243 | 31,143 | 1,767 | 167,153 | 174,720 | ||
| _ | _ | _ | _ | _ | ||
| . CHARITABLE ACTIVITIES |
||||||
| Unrestricted Funds |
Restricted Funds |
Endowment | Funds | Total Funds 2025 |
Total Funds 2024 |
|
| £ | £ | £ | £ | £ | ||
| Income from charitable activities | 620 | 12,649 | - | 13,269 | 16,073 | |
| Christian Literature | - | - | - | - | - | |
| _ | _ | _ | _ | _ | ||
| 620 | 12,649 | - | 13,269 | 16,073 | ||
| _ | _ | _ | _ | _ |
3. CHARITABLE ACTIVITIES
FIRST LARNE PRESBYTERIAN CHURCH TRUSTEE’S ANNUAL REPORT For the year ended 31 December 2025
NOTES TO THE ACCOUNTS 31 December 2025
4. OTHER TRADING ACTIVITIES
| Unrestricted Funds |
Restricted | Funds | Endowment | Funds | Total Funds 2025 |
Total Funds 2024 |
|
|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | |||
| Donations for use of premises | 5,000 | - | - | 5,000 | 3,695 | ||
| Isle Court rent | 3,439 | - | - | 3,439 | 4,732 | ||
| Solar Panel Income | 3,197 | - | - | 3,197 | 3,423 | ||
| _ | _ | _ | _ | _ | |||
| 11,636 | - | - | 11,636 | 11,850 | |||
| _ | _ | _ | _ | _ | |||
| . INVESTMENT INCOME |
|||||||
| Unrestricted Funds |
Restricted | Funds | Endowment | Funds | Total Funds 2025 |
Total Funds 2024 |
|
| £ | £ | £ | £ | £ | |||
| Deposit interest | 946 | 398 | - | 1,344 | 1,258 | ||
| General investment fund dividend | - | - | 472 | 472 | 448 | ||
| DFC Charities | - | - | 40 | 40 | 36 | ||
| Bequest account interest | - | - | 1,130 | 1,130 | 1,220 | ||
| ______ | _ | _ | _ | _ | |||
| 946 | 398 | 1,642 | 2,986 | 2,962 | |||
| _ | _ | _ | _ | _ |
5. INVESTMENT INCOME
FIRST LARNE PRESBYTERIAN CHURCH TRUSTEE’S ANNUAL REPORT For the year ended 31 December 2025
NOTES TO THE ACCOUNTS 31 December 2025
6. OTHER INCOME
| Unrestricted Funds |
Restricted | Funds | Endowment | Funds | Total Funds 2025 |
Total Funds 2024 |
||
|---|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | ||||
| Grants | 1,255 | - | - | 1,255 | 1,321 | |||
| Sundry | - | - | - | - | 80 | |||
| _ | _ | _ | _ | _ | ||||
| 1,255 | - | - | 1,255 | 1,401 | ||||
| _ | _ | _ | _ | _ | ||||
| **. ** | RAISING FUNDS | |||||||
| Unrestricted Funds |
Restricted | Funds | Endowment | Funds | Total Funds 2025 |
Total Funds 2024 |
||
| £ | £ | £ | £ | £ | ||||
| FWO Envelopes | 459 | - | - | 459 | 459 | |||
| _ | _ | _ | _ | _ | ||||
| 459 | - | - | 459 | 459 | ||||
| _ | _ | _ | _ | _ |
7. RAISING FUNDS
FIRST LARNE PRESBYTERIAN CHURCH TRUSTEE’S ANNUAL REPORT For the year ended 31 December 2025
NOTES TO THE ACCOUNTS 31 December 2025
8. CHARITABLE ACTIVITIES
| Unrestricted Funds |
Restricted Funds |
Endowment | Funds | Total Funds 2025 |
Total Funds 2024 |
|
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | ||
| General Assembly assessments | 13,634 | - | - | 13,634 | 15,152 | |
| Presbytery fees | 953 | - | - | 953 | 985 | |
| Ministerial salary & expenses | 73,930 | - | - | 73,930 | 73,546 | |
| Other salaries & expenses | 44,240 | - | - | 44,240 | 33,566 | |
| Congregational running expenses | 8,243 | 12,753 | - | 20,996 | 20,090 | |
| Property running costs | 26,666 | 12,477 | - | 39,143 | 59,827 | |
| Donations to missions and | - | 17,674 | - | 17,674 | 11,380 | |
| charities | ||||||
| Governance costs | 500 | - | - | 500 | 500 | |
| _ | _ | _ | _ | _ | ||
| 182,125 | 42,904 | - | 211,070 | 215,046 | ||
| _ | _ | _ | _ | _ |
9. OTHER EXPENSES
£ Nil
FIRST LARNE PRESBYTERIAN CHURCH TRUSTEE’S ANNUAL REPORT For the year ended 31 December 2025
NOTES TO THE ACCOUNTS 31 December 2025
10. EMPLOYEES
| Total Funds 2025 |
Total Funds 2024 |
|
|---|---|---|
| £ | £ | |
| Wages and salaries inc NIC | 56,458 | 53,705 |
| Pension contributions | 8,748 | 11,591 |
| _ | _ | |
| 65,206 | 65,296 | |
| _ | _ |
Number of Employees
The average number of employees, including the minister of the congregation, during the year was:
| Total | 2025 | Total | 2024 | |
|---|---|---|---|---|
| No | No | |||
| Average number of employees | 2 | 2 | ||
| _ | _ |
There were no employees in receipt of employee benefits in excess of £60,000.
FIRST LARNE PRESBYTERIAN CHURCH TRUSTEE’S ANNUAL REPORT For the year ended 31 December 2025
NOTES TO THE ACCOUNTS 31 December 2025
11. PENSION COSTS
The minister of the congregation is a member of the Presbyterian Church in Ireland Pension Scheme (2009). This is a scheme operated by the Presbyterian Church in Ireland, a separate registered charity. The congregation pays an assessment to the Presbyterian Church in Ireland equivalent to the employer’s pension contribution for the Scheme and based on the stipend paid to the minister. The Presbyterian Church in Ireland Pension Scheme (2009) is a funded Scheme of the defined benefit type, providing defined benefits based on career average revalued salary. The Scheme has assets held in a separately administered fund managed by a board of trustees. The Presbyterian Church and the Scheme Trustees have agreed a funding plan to ensure the Scheme is sufficiently funded to meet current and future obligations. A formal schedule of contributions was drawn up on 25 November 2015 whereby the Presbyterian Church agreed to pay from 31 December 2015 contributions of 24% of pensionable salaries to cover the accrual of benefits for future service, expenses, the cost of insuring death in service benefits and funding the scheme deficit.
The contributions made by the congregation during the year were
Contributions
£ £ 8,748 11,591 _ _
FIRST LARNE PRESBYTERIAN CHURCH TRUSTEE’S ANNUAL REPORT For the year ended 31 December 2025
NOTES TO THE ACCOUNTS 31 December 2025
12. TANGIBLE FIXED ASSETS
| 12. TANGIBLE FIXED ASSETS Cost or valuation At start of year Additions Disposals At end of year Depreciation At start of year Provision for year Disposals At end of year Net Book Value At start of year At end of year 13. INVESTMENTS General Investment Fund Value at start of year Additions: dividends reinvested Gains/(losses on revaluation) Value at end of year |
Buildings £ 220,000 - - _ 220,000 _ - - - _ - _ 220,000 _ 220,000 _ |
Fixtures and Fittings £ - - - _ - _ - - - _ - _ - _ - _ 2025 £ 18,850 _ 18,850 472 _ 19,322 (609) _ 18,713 _ |
Total £ 220,000 - - _ 220,000 _ - - - _ - _ 220,000 _ 220,000 _ 2024 £ 17,764 _ 17,764 448 _ 18,212 638 _ 18,850 _ |
|---|---|---|---|
FIRST LARNE PRESBYTERIAN CHURCH TRUSTEE’S ANNUAL REPORT For the year ended 31 December 2025
NOTES TO THE ACCOUNTS 31 December 2025
14. FUND BALANCES AND RECONCILIATION OF FUNDS
| Unrestricted Funds General Fund Capital Reserve Manse Interest Millbrook School Restricted Funds Building & Repair Fund Community Care Missions & Charities United Appeal Church Organisations Buildings Investment Income Endowments General Investment Fund Bequests TOTAL |
Balance At the start Income £ £ 51,318 147,754 74,989 - 23,909 260 51,026 _ 687 _ 201,242 _ 148,700 _ 13,852 14,874 582 378 - - 5,874 16,288 31,134 12,649 220,000 - - - _ _ 271,442 _ 44,189 _ 18,850 472 111,847 _ 2,936 _ 130,697 _ 3,409 _ 603,381 _ 196,298 _ |
Expenditure £ (167,379) - (1,246) - _ (168,625) _ (12,477) (490) - (17,674) (12,264) - - _ (42,905) _ - - _ - _ (211,530) _ |
Gains/ (Losses) £ - - - - _ - _ - - - - - - - _ - _ (609) - _ (609) _ (609) _ |
Transfer £ 2,025 - - - _ 2,025 _ - - - - (1,985) - - _ (1,985) _ - (40) _ (40) _ - _ |
Balance | Balance |
|---|---|---|---|---|---|---|
| At end £ 33,717 74,989 22,923 51,713 _ 183,342 _ 16,249 470 - 4,488 29,534 220,000 - _ 270,742 _ 18,713 114,744 _ 133,457 _ 587,540 _ |
At end |
The movement of funds from the Restricted Fund to the Unrestricted Fund reflects transfers between church organisations and the general fund, largely contributions towards heat & light costs of the hall.
FIRST LARNE PRESBYTERIAN CHURCH TRUSTEE’S ANNUAL REPORT For the year ended 31 December 2025
NOTES TO THE ACCOUNTS 31 December 2025
15. RELATED PARTY TRANSACTION
One of the Trustees, the minister of the congregation, received remuneration of £49,987and expenses of £3,200 for acting in that capacity. Pension contributions of £8,748 were paid by the congregation in respect of the minister to the Presbyterian Church in Ireland Pension Scheme (2009). None of the other trustees received any remuneration during the year in connection with their duties.
During the year the congregation contributed the following amounts to Funds of the General Assembly of the Presbyterian Church in Ireland, a separate charity.
£87,564 for congregational assessments £17,674 towards the United appeal £506 toward Presbyterian Children’s Society £2,271 towards Moderators Appeal incorporating the World Development Appeal
There were no other related party transactions.