an
FIRST ANTRIM PRES8YTERIAN CHURCH
a Congregation ot The Presbyterlan Church In Ireland
FIRST ANTRIM CONGREGATION OF THE PRESBYTERIAN
CHURCH IN IRELAND
Trustees Annual Report and Financial Statements
for the year ended 31 December 202S
Re8lStered Charity in Northern Ireland {NIC1049511

Presbyter
an
FIRST ANTRIM PRES8YfERIAN CHURCH
a Congregation of The Presbyterian Church in Ireland
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 DEfAILS
First Antrim congregation of the Presbyterian Church in Ireland
Church Street, Antrim
BT414BA
Registered Charity in Northern Ireland INIC1049511
CHARITY TRUSTEES
The Charity Trustees who served during the year or who were trustees at the date of this
report were
J.A. Alexander
K.A. Alexander
J.N. Allison
A. Brownlee
A.A. Chestnutt
R.P. Clarke
D.C. Clyde
LT. Creighton
D.K. Elliott
M.R. Finlay
l. Hamill
M.W. Herbison
R. Kirkpatrick
T. R. H. Latimer
Rev. 5. J. Lockington BA BD
H. Mcc. Matchett
S. Mccormick
W.H. McFadden
P. McFetridge
R. McKeown
R.P. McKibben
N. McKnight (retired 3 Nov 251
D.W. Mcmahon
J. Onne
Simpson
D.A.Thompson
PRINCIPAL OFFICE BEARERS
Minister
Clerk of Session
Treasurer
Rev. S. J. Lockington BA BD
W.H.McFadden
G.Ferguson

an
FIRST ANTRIM PRESBrrERIAN CHURCH
a Congregation of The Presbyterlan Church In Ireland
TRUSTEES ANNUAL REPORT (continued)
INDEPENDENT EXAMINER
Hopper & Co
6 Doagh Road
Ballyclare
BT39 9BG
BANKERS
Ulster 8ank
49 Wellin8ton Street
Ballymena
BT43 6AD
SOLICITORS
Anderson Glllan 8arr
32 Church Street
Antrim
BT414BA

an
FIRST ANTRIM pREsB￿ER1AN CHURCH
a Congregation of The Presbyterian Church in Ireland
TRUSTEES ANNUAL REPORT (continued)
STRucfuRE AND MANAGEMENT
The Klrk Session
The charity trustees of the congregation are the members of its Kirk Session. 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 any
congregation who are within its bound5. It ensures 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 the 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, the minister in active duty in the congregation, has no deliberative but
only a casting vote.
stated meetings of the Kirk session are held on a monthly basis between September and
June.
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 ofthose proposed to be
called to the office can be either by the congregation or by the Kirk Session. Members are
elected if they obtain 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 Antrim Presbyterian Church has been a55igned to the
Templepatrick Presbytery of the Presbyterian Church in Ireland. The membership of the

Presbyter
an
FIRST ANTRIM PRES8YfERIAN CHURCH
a Congregation of The Presbyterian Church In Ireland
TRUSTEES ANNUAL REPORT (continued)
Presbytery con51Sts mainly of the active ministers of congregations assigned to it by the
General Assembly, ministers who have retired from active duty and an elder appointed by
the Kirk Session of each congre8ation.
The General Assembly
The General Assembly is the supreme court of the Church, representln8 in one body the
whole Church and acting as its supreme legislative, administrative and judiclal authority, in
deallng with all matters brought before it. The General Assembly is normally constituted in
June 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, retlred minsters and a representative elder appointed by the Kirk Session of
each congregation.
DESCRIPTION AND PURPOSE
First Antrlm is a congregation of the Presbyterian Church in Ireland. The Presbyterian Church
in Ireland, as a Reformed Church wlthln the wlder body of Christ is grounded in the
Scriptures and exists to love and honour God through faith in His Son and by the power of
His Spirit, and to enable its members to play their part in fulfilling God's mission to our
world.
The con8regation's misslon purpose is for the fame of Christ. to be disciples and make
disciples in Antrim and beyond.
Jesus offers this promise in John lo'.10
'1 have come that they may have life, and have It to the full"
Thi3 promise Is full of Fneanlng. "Full Life" in Jesus is the greatest need of all who don't
believe Him and the ultimate purpose of all who do.
OUR VALUES AND MISSION
l. Prayer and the Word of God are central to the life of our Church,
2. Our Worship should be God honouring, joyful and uplifting.
3. We value togetherness, developing community in our Church family. We strive to be
a friendly Church.

Presbyter
an
FIRST ANTRIM PR£SBYfERIAN CHURCH
a Congregation of The Presbyterian Church in Ireland
TRUSTEES ANNUAL REPORT {continued)
4. We long to see each member equipped to be an everyday disciple.
5. Evangelism at home and abroad is integral to who we are.
6. We seek to communicate the Gospel clearly and creatively to contemporary society.
7. We seek to show prartical concern for all in need.
8. We are strategically placed in Antrim Town centre and need to maximise the
opportunity to engage with the community. This will require us to reimagine our
building strategy and our mission.
9. We need to be future focused. Whilst we learn from the past, we do not dwell there.
We lean and 3re led fornard to the years ahead.
10. We will focu5 our resources on our mission to be disciples and to make disciple5.
AcrivrriES AND OBJEcnvES
The congregation meets for worship every Sunday and visitors are welcome to join. The
Sacrament of the Lords Supper is observed on several occasions during the year and all
those who have been baptised and who have made a profession of faith in the Lord Jesus
Christ are admitted to the Lord's Supper. The congregation holds regular Bible study
meetings and has a wide range of organisations including
Sunday School (Friends of God Club)
Youth Club
Elevation {Teenage Group)
Boys, Brigade
Gir15' Brigade
Chat'n Chew Itea and coffee moming group)
Craft Class
Friendship Group
Presbyterian Women
Men's Ministry
Ladies Bible Study- 2 groups
Men's Bible Study- 2 groups
Joint Bible study group for couples and others
Little Legends

an
FIRST ANTRIM PRESBYTERIAN CHURCH
Congregation of The Presbyterian Church in Ireland
TRUSTEES ANNUAL REPORT {con*inutd)
ACHIEVEMENTS AND PERFORMANCE
Worship and prayer
The congregation normally meets for worship each Sunday at 10.30am and 6.30pm. During
the week. members meet for fellowship. to studythe scriptures and for a time of prayer.
As well as our regular services during the year we acknowledged God's gift of new life at 4
Sacrament of Baptism, we gave thanks for faithful services and sought to comfort those who
had been bereaved during the year.
At 31 December 2025 there were 27012024.2791 communicant members and 358
12024.3721 families connected with the congregation.
The average week attendance at morning worship is 200 {2024:198} with 3 further 15 to 20
watching the live stream.
Pastoral care
Members of the congregation who are unable to attend church due to sickness or age are
visited on a regular basis by the minister, elders or by members of the congregation.
Mission and outreach
At a local level the congregation engages in local evangelism through a ranBe of
organisations including the following=
Boy5, Brigade
Girls, Brigade
Christians Against Poverty
Chat 'N Chew
Friendship Group
Youth Club
Annual Holiday Bible Club
Men's Ministry
Presbyterian Women
Bible Study Groups
School Uniform Bank
Little Legends Imums & Tots Group)

an
FIRST ANTRIM PRESBYfERIAN CHURCH
a Congregation of The Presbyterian Church in Ireland
TRUSTEES ANNUAL REPORT (continued}
The congregation supports the United Appeal for Mi55ion which 15 a central fLJnd of the
Presbyterian Church in Ireland. This fund enables congregations to support the wider
mission of the denomination and to do mission and outreach on denominational basi5
beyond what the congregation could do on its own. The United Appeal Fund 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, assist with the running costs of Union Theological College,
the Church's training college for rninistry students, and financially sUPPOrt5 congregations in
the areas of worship, discipleship, global mission, outreach, leadership and pastoral care.
The congregation also support5 the Presbyterian Children's Society and the World
Development Appeal.
The congre8ation supports members permanently or temporarily involved in missionary
service at home or overseas. In 2025. support was provided for two families serving as OMF
missionaries in Japan and the Philippines. Support was also provided for a young member
serving a year with Crown Jesus Ministries. The church has also appointed an outreach
worker to bring the gospel to the Antrim Community.
Presbytery
The congregation was represented at the regular meetings of Presbytery by our minister
and/or one of the elders. This provides an important link between the congregations and
the wider structures of the church.
General Assembly
The minister and one of our elders were nominated to attend the meeting of the General
Assembly of the Presbyterian Church in Ireland held in Assembly Buildings. Belfast, in June.

Presbyter
an
FIRST ANTRIM PRESBYfERIAN CHURCH
a Congregation of The Presbyterian Church in Ireland
TRUSTEES ANNUAL REPORT (Continued)
Organisations
Organi5ation
Summary ofArtivty
Regular Attendance
Level
36
80Is Brigade
Meets weekly on a Monday night. We work with boys
between the ages of4 and 18. We have a varied
programme of artivities to fulfil our objert of advancing
Christ'5 Kingdom amongst boys and promoting habits of
obedience, reverence. discipline and self-respect.
Meets weekly on a Wednesday night. We carry out a
wide range of artivities to help 8irls develop spiritually,
physically and emotionally, leam new skills and make
new friends_
Meets weekly on a Friday night. We provide a safe
environment for secondary aged students to socialise
and play sports. Each week there is a short epilogue led
by a guest speaker.
Meets monthly on a Tuesday night. Each meeting is led
by a special speaker and supper is provided. Ladies
increasingly enjoy being together.
A group for young people of secondary school age,
meeting on Sunday mornings or evening5. We develop
friendships amongst young people and give them the
opportunity to learn from the Bible in a relaxed
environment.
A group for 4- to 11-year-olds meeting during Sunday
Morning Service to learn and develop individual
relationships with God
Ladies from different surrounding towns come to learn
various crafts. We provide companionship to the Senior
ladies and aim to spread the Gospel of Jesus
Meets monthly on a Tuesday afternoon. The aim is to
provide friendship and fellowship, promoting
inter6Ctlon for Ihe beneflt of people In thè town. We
have a short time of worship, have a guest speaker
covering various topics. and enjoy afternoon tea. One
or two outings are planned each year which members
enjoy.
Ladies meet on Monday mornings and Tuesdav
evenings to study the bible, have refreshments and
enjoy bein8 together. We meet for 6 week5 before
Christmas and 12 week5 after.
Girl's Brigade
35 girls aged 3 yrs-
18 from a variety of
backgrounds
Youth Club
23 regulars
pw
40-70 ladies,
breakfast 100 +
Elevation
Between 15 & 25
young people
Friends of God
Club1Sunday
Schooll
Craft Class
20
18 ladies
Friendship
Group
40-50 aged 50+
Ladies Bible
Study
50

Presbyter
an
FIRST ANTRIM PRESBYfERIAN CHURCH
a Congregation of The Presbyterian Church in Ireland
Chat'n Chew
Meets on a Thursday morning for friendship and a
cuppa
20
Other Bible
study groups
Three men's groups meet Wednesday morning5 and
evenings and a further group on Thursday evenings to
study the 8ible and enjoy being together
25-30
Little Legends
(Mums & Tots
Group)
Meet on Wednesday morning5 for children to pre-
school a8e to get together and have fun while thè
parents chat and enjoy fellowship
40
Volunteers
The Trustees wish to acknowledge their deep appreciation of those who give freely of their
time by serving on committees and helping with organisations and other church activities.
PUBLIC BENEFIT STATEMENT
The Presbyterian Church In Ireland meets the public benefit requirement by providing
benèfit to its member5 and the general public by making known the Chrlstian 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 in 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, thls framework leads to practical expressions of Christian belief5 and
standards in the local community such as throu8h the care of those in need lincluding 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 centr211y. Local delivery
15 facilitated by central resources in almost all cases. Public access is made known through
the use of noticeboards, printed material, press advertlsement, websites, and social media
or in other ways.
The benefits are demonstrated through regular evaluation of the services and informal and
ad-hoc feedback from members, their families. and members ofthe public.
io

Presbyter
an
FIRST ANTRIM PRESBYfERIAN CHURCH
a Congregation of The Presbyterian Church in Ireland
TRUSTEES ANNUAL REPORT {continued)
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 benefit5 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 15 in direct and indirett
cont3Ct with, the community in which pastoral service5 are 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 individu31 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 Weeklv
Freewill Offering. There were 219 contributors during the year12024: 2121 donating a total
of £159,02612024- £156.418).
Tot31 Income of the congregation during the year was £451,401, compared to £430,981 in
the previous year.
Total expenditure in the year wa5 £356.17612024'. £372.678).
li

Presbyter
an
FIRST ANTRIM PRE5BrfERIAN CHURCH
Congregation of The Presbyterian Church in Ireland
TRUSTEES ANNUAL REPORT Icontinued)
RESERVES POLICY
The Trustees review the financial posltion of the Charlty on a quarterly basis. A report
submitted by the Treasurer to each stated meeting provides up to date financial data. This
allows income and expenditure to be compared against the figures at the equivalent point
in the previous Church year.
The Trustees have considered the level of unrestricted reserve5 that It is approprlate to hold
taking account of current and ongoing commitments. It is the current policy of the Trustees
to hold at least 6 months. normal expenditure. At the year-end unrestricted reserves were
E256,249 (excluding fixed assets), which represents a fair level of reseryes when compared
to the six-monthly expendltijre of around £76,000 IExcludin8 any one-off building workl,
The l-ru5tees consider it prudent to hold reserves at this level as the fundin8 of present
activities is dependent on the on8oin8 financlal support of members.
RISK REVIEW
A review of major risks has been undertaken by the Trustees and systems and procedures
implernented 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 mitlgated by the Trustees, and the
Congregational Committee, regularly monitoring the various activities of the con8regation
at stated meetings and by encouraging members in their regular giving.
STATEMENT OF TRUSTEE RESPONSIBILITIES
The Trustees are responsible for preparlng the Annual Report and the financial statements
in accordance with applicable law and United Klngdom 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 affair5 of the congregation and the financial activities for
that yèar. In preparing the financial statement5 the Trustees are required to:
selert suitable accounting policies and then apply them consistently
12

Presbyter
an
FIRST ANTRIM PRESBYfERIAN CHURCH
a Congregation of The Presbyterian Church in Ireland
TRUSTEES ANNUAL REPORT (continued)
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 congregations and enable them to ensure that the financial
5tatement5 comply with the Statement of Recommended Practice".Accounting and
Reporting by Charities {1 January 2015)".
They are also responsible for safeguardin8 the assets of the congregation and hence for
taking reasonable steps tor the prevention and detection of fraud and other irregularities.
Approved by the Kirk Session on 19th May 2026 and signed on its behalf by
Harry McFadden
Rev. Stephen Lockington
Clerk of Session
Minister
13

Presbyter
an
FIRST ANTRIM PRESBYfERIAN CHURCH
a Congregation of The Presbyterian Church in Ireland
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES
I report on the financial statements of First Antrim Presbyterian Church for the year ended
31st December 2025 which are contained within the 2025 Annual Report.
Respective responsibilities of trustees and independent examiner
First Antrim Presbyterian Church's trustees are responsible for the preparation of the
financial statements in accordance with the terms of the Charities Act {Northern Irelandl
2008. The Trustees consider that an audit is not required under section 65{21 (audit) of the
Charities Act INorthern Ireland) 2008 for the year and that an independent examination
under section 6411) of the Charities Act (Northern Ireland) 2008 is required. It is my
responsibility to examine the accounts and to state whether particular matters have come
to my attention.
Basis of independent examiner's report
My examination was carried out under Section 65 of the Charities Act (Northern Irelandl
2008. An examination includes a review of the accounting records kept by the Chtjrch and a
comparison of the financial statements presented with those records. It also includes
consideration of any unusual items or disclosures in the financial statement5 and seeking
explanations from the trustees concerning any such matters. The procedures do not provide
all the evidence that would be required in an audit, and consequently I do not express an
audit opinion on the view given by the financial statements.
Independent examiner's statement
In the course of my examination, no matter has come to my attention which give5 me
reasonable cause to believe that in any material respect the requirements to keep proper
accounting records in accordance with Section 63 of the charities Act (Northern Ireland)
2008, and to prepare financial statements whith accord with the accounting records in
accordance with Section 64 of the Charities Act (Northern Ireland) 2008 have not been met
or which, in my
pinion. atten
ion should be drawn in order to enable a proper
understa
I statements to be reached.
ael Ho
er, Hopper & Co, Chartered Accountants.
th
20 May 2026
14

Presbyter
an
FIRsf ANTRIM PRESBYfERIAN CHURCH
Congregation of The Presbyterian Church in Ireland
STATEMENT OF FINANCIAL AcfiviTY
for the year ended 31 December 2025
Income and Endowments from:
Donation5 and legacies
Charitable activities
Other
198585
461
10117
240703
621
914
439288
1082
11031
423344
6130
1507
Total
209163
242238
451401
430981
Expenditure on:
Raising funds
Charitable activities
689
152632
689
202166
1378
354798
1300
371378
Total
153321
202855
356176
372678
Net gains/1055es) on investments
io
Net Income / lexpenditure)
Transfers between funds
Prior year adjustment
55842
-6270
39383
6270
95225
58303
Net movement in funds
49572
45653
95225
58303
Reconciliation of funds:
Total funds brought forward
660853
206040
866893
808590
Totsl funds carried forward
710425
251693
962118
866893
15

Presbyter
an
FIRST ANTRIM PRESBYfERIAN CHURCH
a Congregation of The Presbyterian Church in Ireland
BALANCE SHE
As at 31 December 2025
Fixed a55ets:
Tangible 355ets
Heritage assets
Investments
454176
454176
468447
io
Total fixed assets
454176
454176
468447
Current assets
Debtors
li
22073
22592
44665
57308
Current Investments
Cash at bank and in hand
12
234176
229101
463277
341138
Total current assets
256249
251693
507942
398446
Liabllities..
Creditors= Amounts falling due within 13
one year
Net current assets or liabilities
256249
251693
507942
398446
Total a55ets less current Ilabllitie5
Creditor5- Amounts falling due after
more than one year
Provisions for liabilities
Total net assets or liabilities
710425
251693
962118
866893
16

Presbyter
an
FIRST ANTRIM PRESBYTERIAN CHURCH
a Congregation of The Presbyterian Church in Ireland
BALANCE SHEEr
As at 31 December 2025
Funds of the charity
Restricted income funds 14
251693
251693
206040
Unrestricted funds 14
710425
710425
660853
Total charity funds
710425
2S1693
962118
866893
Approved by the Kirk Session on 19th May 2026 and signed on its behalf by
Rev.Stephen Lockington
Harry McFadden
Minister
Clerk of 5e55ion
17

an
FIRST ANTRIM PRESBITERIAN CHURCH
a Congregatlon of The Presbyterian Church in Ireland
NOTES TO THE ACCOUNTS
31 December 2025
ACCOUNTING POLICIES
BASIS OF FINANCIAL sfATEMENTS
The financial statements have been prepared in accordance with Accounting and Reporting
by Charities.. Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with Financial Reporting Standard applicable in the UK and Ireland
IFR5102) (effective l January 20151.
The financial statements have been prepared under the historical cost convention except
for investment assets. whlch are shown at market value. The financial statements include all
tran5actlons, assets and liabilities for which the congregation is responsible in law. They do
not include the accounts of church groups that owe their affiliation to another body, nor
those that are informal 8atherin8s of church members.
FUND ACCOUNTING
Re5trlcted funds comprise lal income from endowments which is to be expended only on
the restritted purposes intended by the donor and {bl revenue donations or grants for a
specific con8regational 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 bas15.
Unrestritted funds are income funds which are to be spent on the congregatlon's general
purposes. Designated funds are general funds set aside by the congregation for use in the
future.
18

an
FIRST ANTRIM PRESBYTERIAN CHURCH
a Congregation of The Presbyterian Church in Ireland
NOTES TO THE ACCOUNTS
31 December 2025
ACCOUNTING POUCIES (convd)
INCOMING RESOURCES
(il Recognition of incoming resources
These are included in the Statement of Financial Activities {5oFAI when:
the congregation becomes entitled to tFie resources;
the trustees are virtually certain they will receive the resources- and
the monetary value can be measured with sufficient reliability.
lil) Incoming resources witl? related expenditure
Where incoming resources h?ve related expeiiditL¢re {as with fundraising income) th.
incoming resources and related eApenditLire are reportLed gross in the SOFA.
liiil Grant5 and donations
Grants and donations are only included in the SOFA when the iongreg3tion has
unconditional entitlement to the resources.
liv) Tax reclalms on donation5 and glfts
Incoming resources from tax reclaims are included in the SOFA at the same time as the gift
to which they relate.
(v) Contractual income and performance related grants
This is only included in the SOFA once the related goods or services have been delivered.
19

an
FIRST ANTRIM PRES8YfERIAN CHURCH
a Congregation of The Presbyterian Church in Ireland
NOTES TO THE Accoumrs
31 December 2025
ACCOUNTING POLICIES (convd)
Ivi) Donated ser¥ices and facilities
These are only included in incoming resources (with an equivalent amount in resources
expended) where the benefit to the charity is reasonably quantifiable, measurable and
material. The value placed on these resources is the estimated value to the charity of the
service or facility received.
(viil Volunteer help
The value of any voluntary help received is not included in the accounts but is described in
the tru5tees' annual report.
Iviii) Investment income '
This is included in the accounts when receivable.
(ix) Investment gains ahd losses
This includes any gain or loss on the sale of investments and any gain or loss resulting from
revaluing investments to market value at the end of the year.
EXPENDITURE AND UA81LITIES
Ixl Llability recognition
Liabilities are reco8nised as soon as there is a legal or constructive obligation commltting
the congregation to pay out resources.
{xi} Governance costs
These are shown within charitable attivities and include the costs of preparation and
examination of accounts. the costs of tnjstee meetings and cost of any legal advice to
trustees on governance or constitutional matters.
{xiil Grants with performante conditions
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants 3re only recognised in the SOFA once the
recipient of the grant has provided the specified service or output.
20

an
FIRsf ANTRIM PRESBYTERIAN CHURCH
Congregation of The Presbyterian Church in Ireland
NOTES TO THE Accoumrs
31 December 2025
ACCOUNTING POLICIES (convdl
(xiiil Grants payable without pèrformance conditions
These are only recognised in the accounts when a commitment has been made and there
are no conditions to be met relating to the grant which remain in the control of the charity.
ASSETS
(xiv) Tan8ible Fixed Assets
Tangible fixed assets for use by charity are capitalised if they can be used for more than one
year and cost at least £2,500. They are valued at cost or, if gifted. at the value to the charitv
on receipt.
Depreciation is recorded on all tangible fixed assets other than freehold land, at rates
calculated to write of the cost, less estimated residual value. of each asset over its expected
useful life as follows
Buildings-
Fixtures. fittings and equipment
Motor Vehicles
Computers. software and technical equipment
over 50 years
over 10 years
over 4 years
over 4 years
{xv) Investments
Investments quoted on a recognised stock exchange are valued at market value at the year
end. Other investment assets are included at trustees, best estimate of market value.
21

Presbyter
an
FIRST ANTRIM PRESBYTERIAN CHURCH
a Congregation of The Presbyterian Church in Ireland
NOTES TO THE ACCOUNTS (convdl
310ecember 2025
DONATIONS AND LEGACIES
Recorded 8iving'.
Loose collertions
Donations and gifts
Gift Aid
Legacie5 and bequest
159026
6665
1973
30921
172183
331209
6665
34160
67254
293639
6286
37886
57369
28164
32187
36333
19858S
240703
439288
423344
CHARITABLE AcfiviTIES
Income from charitable
activities
Fees from weddings and
funerals
Sale of magazines and books
Fundraising events
Photocopier, drlnks machine etc
530
530
1250
461
461
1890
2911
7g
91
91
461
621
1082
6130
22

Presbyter
an
FIRST ANTRIM PRESBYfERIAN CHURCH
a Congregation of The Presbyterian Church in Ireland
NOTES TO THE ACCOUNTS (conVd}
31 December 2025
OTHER INCOME
Miscellaneous recelpts
500
li
511
677
Interest received
Rental income received
Council grants received
6784
6787
900
2833
30
900
2833
800
10117
914
11031
1507
23

Presbyter
an
FIRST ANTRIM PRESBYfERIAN CHURCH
a Congregation of The Presbyterian Church in Ireland
NOTES TO THE ACCOUNTS (convd)
31 December 2025
5. RAISING FUNDS
FWO envelopes
689
689
1378
1300
689
689
1378
1300
6. CHARITABLE ACTIVITIES
General Assembly Assessments
Presbytery fees
MSnistry and support staff costs
Congregational running
expenses
Donations to Mission5 and
charities
Church refurbishment
Governance costs
29079
1654
86017
34292
29079
1654
86017
80108
30303
1515
86345
86971
45816
60
156350
156410
151890
12233
2121
1530
1530
152632
202166
354798
371378
24

Presbyter
an
FIRST ANTRIM PRESBYTERIAN CHURCH
a Congregation of The Presbyterian Church in Ireland
NOTES TO THE Accoumfs (convd)
31 December 2025
7. EMPLOYEES
Employment Costs
Wage5 and Salaries
Social Security Costs
Pension contributions
69352 67544
11073
9981
9191 11999
89616
89524
Number of Employees
The average number of employees. including the minister of the congregation, during the
year was
Average number of employees
There were no employees in receipt of employee benefits in excess of £60.000.
25

an
FIRST ANTRIM PRESBYfERIAN CHURCH
a Congregation of The Presbyterian Church in Ireland
NOTES TO THE ACCOUNTS (convd
310ecember 2025
8. PENSION COSTS
The minister of the congregation is a member of the Presbyterian Church in Ireland Pension
Scheme120091. 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 employerfs pension contribution for the Scheme and based on the
stipend paid to the minister. The Presbyterian Church in Ireland Pension Scheme120091 is a
funded Scheme of the defined benefit type. providing defined benefits based on career
average revalued salary. The Scheme h35 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
ost of insuring death in service benefits and funding the scheme deficit.
The contributions made by the congregation during the year were
Contributions
8451
11197
The rongregarion operates a defined pension contribution policy for its employees. The
scheme and its assets 3re held by an independent scheme manager. The pension charge
represent5 the contribution5 due from the congregation during the year
Contributions
740
802
26

Presbyter
an
FIRST ANTRIM PRESBYTERIAN CHURCH
a Congregation of The Pre5byterlan Church in Ireland
NOTES TO THE ACCOUNTS {conVd)
310ecember 2025
9. TANGIBLE FIXED ASSETS
Cost or valuation
At start of year
Additions
Disposa15
746166 11070 11500 768736
At end of year
746166 11070 11500 768736
Depreciatlon
At start of year
Provision for year
Disposals
277719
14271
11070
11500 3CQ289
14271
At end of year
291990 11070
11500 314560
Net Book Value
At start of year
454176
454176
At end ofyear
468447
468447
The main Church dates from 1834 and is a listed building. The historical, fullv depreciated.
cost was £3,000. The Church, ha115, manse and 5exton'5 dwelling are fully insured for total
rebuilding costs of £9,488.432, including VAT and fee5, as at 31st October 2025.
27

Presbyter
an
FIRST ANTRIM PRESBYTERIAN CHURCH
a Congregation of The Presbyterian Church in Ireland
NOTES TO THE ACCOUNTS (cont'd)
31 December 2025
10. INVESTMENTS
2025
2024
Presbyterian Mutual Society
Consolidated Stock
2025
2024
Value at start of year
Transfer in from Missionary &
Student Fund
Disposals
Impairment. full write off
Gains / (Losses on revaluation)
Value at end of year
Presbyterian Mutual Society (formerly in Administration 2008 to 20131. At a meeting of
Church Session held on 23 March 2021 it was proposed. seconded and approved by
Session that the balance remaining with PMS be wrttten off as all available information
indicates that no further distributions will be forthcoming. Since then. a further small
balance has beèn identified in th@ hAissionary & Stud¢nt Fund and h43 also been wrltlen off.
A small amount of War Stock held as an investment for many years no longer has an
encashable value and was also written off.
The church does not currently have any investment assets other than interest bearing
deposits of £200,000 as of 31SI December 2025.
28

an
FIRST ANTRIM PRESBYfERIAN CHURCH
Congregation af The Presbyterian Church in Ireland
NOTES TO THE ACCOUNTS {conYd)
31 December 2025
11. DE8TORS
2025
2024
Gift Aid Recoverable
VAT Reclaim due
44665 57308
44665
57308
12. CASH AT BANK AND IN HAND
2025
2024
Ulster Bank accounts including
deposits
463277
341138
463277 341138
13. CREDITORS: amount falling due within one year
2025
2024
Interest free loans received
Church build term loan
29

an
FIRST ANTRIM PRESBYfERIAN CHURCH
a Congregation of The Presbyterian Church in Ireland
NOTES TO THE Accoupifs {conVd)
31 December 2025
14. FUND BALANCES AND RECONCILIATION OF FUNDS
Fund
Balance
at start
Income
Expend.
Gains/
Losses
Transfer
Balance
at end
Unrestrirted Fund5
General fund
Building5 fund
General assets fund
192406
468447
209163
139050
14271
-6270
256249
454176
660853
209163
153321
-6270
710425
Restricted Funds
United Appeal
Specified Donations
Property fund
Outreach fund
Benevolent fund
Organ fund
Interest Free Loans
Bequests fund
Church Build fund
2928
12866
27783
694
2770
13650
15681
78069
44186
16195
92065
30013
2414
5025
42056
694
2812
23628
6155
loo
58
9994
li
16
16
li
76175
29807
22
1505
76153
51973
23671
Organisations funds
Manobo Tribe Support
Missionary and Student
fund
Sundries
17343
5156
16868
18753
3487
48221
14794
1185
47011
21302
7433
18118
-25
40
107
22
115
2061)40
242238
202855
6270
251693
30

an
FIRST ANTRIM PRESBYfERIAN CHURCH
Congregatlon of The Presbyterian Church In Ireland
NOTES TO THE ACCOUNTS (¢onVd)
31 December 2025
IS. RELATED PARTY TRANSACTION
One of the Trustees. the minister of the congregation received remuneration of £48,289 and
expenses of £505 for acting in that capacity. Pension contributions of £8,451 were paid bv
the congregation in respect of the minister to the Presbyterian Church in Ireland Pension
Scheme12009). None of the other trustees received any remuneration.
Ourlng the yéar the congregation contributed the following amounts to Fund5 of the
General Assembly of the Presbyterian Church in Ireland 3 separate charity
£29,079 for congregational assessments
£16,195 towards the United Appeal
£1,910 toward the World Development Appeal
The con8re8ation contrlbuted £1.654 towards Presbytery Assessments during the year
There were no other related party transactions.
31