OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

← Annalong congregation of the Presbyterian Church in Ireland

2025-12-31-accounts

.

CHARITY REGISTRATION NUMBER: NI104990

Annalong Congregation of The Presbyterian Church in Ireland Unaudited Financial Statements 31 December 2025

PURDY QUINN Chartered Accountants 42 Greencastle Street KILKEEL Co Down BT34 4BH

)

.

Annalong Congregation of The Presbyterian Church in Ireland

Financial Statements

Year ended 31 December 2025

Page
Trustees' annual report 1-7
Independent Examiner's Report 8
Statement offinancial activities 9
Statement offinancial position 10
Notestothefinancialstatements 41-22

.

Annalong Congregation of The Presbyterian Church in Ireland

Trustees’ Annual Report

Year ended 31 December 2025

The trustees present their report and the unaudited financial statements of the charity for the year ended 31 December 2025.

Reference and administrative details

Registered charityname Annalong Congregation ofThe PresbyterianChurch in Ireland
Charity registration number NI104990
Principal office 30 Ballyveaghmore Road
Ballymartin
Co Down
BT34 4UL
The trustees Rev David McCullagh
Keith Hanna
Brian
G McKibbin
Alan E Hill
Jason Hill
TrevorMcConnell
William McConnell
Robert J Burden
HardingRAcheson
JamesA Hanna
Charles Martin
Samuel McConnell
Independent examiner Una Cunningham
Purdy Quinn Chartered Accountants
42 Greencastle Street
KILKEEL
CoDown
BT344BH

4

. Annalong Congregation of The Presbyterian Church in Ireland

Trustees’ Annual Report (continued)

Year ended 31 December 2025

Structure, governance and management

The Kirk 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 bounds. 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 Sessions 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 congregations. All members are entitled to propose, speak and exercise equal votes at meetings, except that the Moderator, the ministers in active duty in the congregation, has no deliberative but only a casting vote.

Stated meetings of the Kirk session are held at least five times in each year or more frequent if appropriate.

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 can be either by the congregation or by the Kirk Session. Members are elected if they obtain two-thirds of the votes cast.

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. Annalong Presbyterian Church has been assigned to the Newry 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, minsters who have retired from active duty and an elder appointed by the Kirk Session of each congregation.

The General Assembly

The General Assembly is the supreme court of the Church, representing in one body the whole Church and acting as its supreme legislative, administration and judicial authority, in dealing with all matters brought before it. The General Assembly is normally constituted during the first week 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, retired ministers and a representative elder appointed by the Kirk Session of each congregation.

Objectives and activities

Annalong 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 and by the power of His Spirit, and to enable her members to play their part in fulfilling God's mission to our world.

The congregation's mission purposes is by the grace of God, to help people of all ages become fully devoted followers of Jesus Christ. Our vision is, by the grace of God, to be an inclusive, welcoming community of Christ's people of all ages, which:

2

; Annalong Congregation of The Presbyterian Church in Ireland

Trustees’ Annual Report (continued)

Year ended 31 December 2025

Objectives and activities (continued)

The congregation aims to live out its Mission and Vision as a family of God's people by being:

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

~ Men's Fellowship

~ Boys Brigade _

Achievements and performance

Worship and prayer

The congregation meets for worship each Sunday at 11:30am (11:00am during July and August) and 7:00pm.

During the week the Bible Study provides an opportunity for members to meet together for fellowship, to study the scriptures and for a time of prayer.

As well as our regular worship services during the year we conducted several marriage services, acknowledged God's gift of new life as ten people were Baptised, six infants and four on profession of faith. We also gave thanks for faithful services and sought to comfort those who had been bereaved during the year.

At 31 December 2025 there were 250 communicant members and 327 families connected with the congregations.

Pastoral care

Members of the congregation who are unable to attend church due to sickness or age were visited on a regular basis by the minister, or by one of the elders.

3

.

Annalong Congregation of The Presbyterian Church in Ireland

Trustees’ Annual Report (continued)

Year ended 31 December 2025

Achievements and performance

Mission and outreach

At a local level the congregation seeks to be a witness to the community by providing clubs and organisations for young and old to attend and by providing spiritual and emotional support to everyone who seeks help.

Another of our yearly activities is Fit for Life which again ran on Tuesday nights during May for women. It consists of various types of exercise or walks around the village followed by a short epilogue from a guest speaker. As always this was well attended by a wide age range and women form our own congregation and local community.

The congregation also held a mission event running from Saturday 10th May until Sunday 18th May titled "Life at the Crossroads" with guest speaker Roger Carswell. Events included a women's breakfast, a golden years coffee morning for senior citizens, a sports quiz and a men's breakfast along with gospel meetings in the evenings. AJl events were well attended by members of the local community where everyone heard and many responded to the message given by Roger. This fulfilled our objective "to help people of all ages become fully devoted followers of Jesus Christ. Our vision is, by the grace of God, to be an inclusive, welcoming community of Christ's people of all ages."

During the summer we ran two events for young people of the area. During July we had a bible club for primary school children and during August we held "Connect" for young people of high school age. Also during the summer months we had Sunday night Lights, a chance you young adults to meet after the evening service for food and fellowship in various people's homes.

This has continued through the rest of the year and known as Saturday Night Lights where young adults meet one Saturday a month to study the Bible and have fellowship together.

We hada collection of gift boxes for the Samaritans Purse Shoe Box Appeal in November these were delivered to their collection centre for distribution by that organisation: -

Again this year a joint Christmas Bible Club was held with Kilhorne Parish Church for primary school children on 9th December to share the true meaning of Christmas.

Also in December a community carol service was held in the meeting house on 17th which many members of the local community attended. Carols around the local Christmas Tree was also arranged and well attended on Christmas Eve.

The congregation supports the United Appeal for Mission which is a central fund 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 basis 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 ministry students, and financially supports congregation in the areas of worship, discipleship, global mission, outreach, leadership and pastoral care.

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.

4

.

Annalong Congregation of The Presbyterian Church in Ireland

Trustees’ Annual Report (continued)

Year ended 31 December 2025

Achievements and performance (continued)

Property

During the year in preparation for the Life at the Crossroads mission a new sound and vision system was purchased and installed in the main hall. This work was necessary as the old system was no longer fit for purpose and did not include any means of visual display. The acquisition of land adjacent to congregational property which was passed by the congregation at the end of 2024 is still in process awaiting the completion of legal documents.

Organisations

Sunday is the busiest day of the week for the church with both Junior and Senior Sunday schools running in the morning before our main worship service.

Junior Sunday school caters for children of nursery and Primary School age and runs from September until June. The Senior Sunday School has four different classes divided into Year 8, Year 9, Year 10 and Years 11 and 12 combined. Our evening service is held later in the day with Youth Fellowship held after the service for young people of high school age.

During the week various activities and organisation run from September to June catering for all age groups and everyone from the local community is very welcome. These include:

Girls Brigade which would have met every Monday with Tinies and Explorers (preschool to P4), juniors (PS - P7), Seniors (Yr 8- Yr10) and Brigadiers (Yr11 upwards) and Boys Brigade which met every week on different nights with Anchor boys (P1 to P4), Junior Section (P5 to P7) and Company Section (age 11 to 18) .

The Bowling club which meets on a Tuesday night has a wide range of ages attending providing an informal evening of fellowship and fun.

Tuesday Fellowship which was held every first and third Tuesday of the month. This organises activities for ———— senior citizens providing an opportunity to meet other people and go on trips.

Similarly, The Contact Group called Tots and Toys was held on a Wednesday morning and provided a cross-community link between the church and the local community for mothers or other carers and their toddlers.

Saturday Night Lights is an organisation tailored for young adults to meet one Saturday a month to study the Bible and have fellowship together.

Wednesday night sees our midweek fellowship meet at night to study more of God's word and pray for the local community and further afield. Everyone is treated to a cup of tea or coffee with some treats to eat on arrival.

Once a month we run a meeting dedicated to women or men. PW know as Women Together and Men's night. Both have guest speakers and provide a warm inviting place where the aims of the church can be nurtured and encouraged.

Each Monday morning between 10:30 and 12:30 Warm Welcome meets in the Fellowship room of our main hall. This provides a warm space for anyone from the local community to meet for refreshments anda listening ear.

Once a month the Ladies bible Study meet to learn more from the Bible in a friendly and supportive environment.

A new organisation for 2025 is Racquet Night where people meet on a Thursday night in the church hall to play Table Tennis, Badminton and Pickle Ball, This is open to members and non members of the congregation.

5

‘ Annalong Congregation of The Presbyterian Church in Ireland

Trustees’ Annual Report (continued)

Year ended 31 December 2025

Achievements and performance (continued)

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 benefit to its members and 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 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, 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, press advertisement, 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 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 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 Weekly Freewill Offering. There were 215 (2024 - 270) contributors during the year.

Total Income of the congregation during the year was £270,139 (2024 - £301,781).

The expenditure for the year was £267,854 (2024 - £285,085).

The reserves of the Charity at 31 December 2025 totalled £1,036,842 (2024 - £1,035,297).

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 congregations and the financial activities for that year. In preparing the financial statements the Trustees are required to:

6

Annalong Congregation of The Presbyterian Church in Ireland

Trustees’ Annual Report (continued)

Year ended 31 December 2025

Financial review (continued)

~ select suitable accounting policies and then apply them consistently

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 statements comply with the Charities Act (Northern Ireland) 2008 and 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.

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 3 month's normal expenditure. At the year-end unrestricted reserves were £93,550 (2024 - £73,750). Although this represents a higher level of reserves, the total includes the unrestricted fixed assets. The Trustees therefore, consider. it prudent to hold reserves at this level as the funding of its present activities is dependent of the ongoing financial support of members.

The trustees’ annual report was approved on 21 April 2026 and signed on behalf of the board of trustees by:

=

==> picture [5 x 9] intentionally omitted <==

----- Start of picture text -----
i
----- End of picture text -----

Rev David McCullagh Trustee

Keith Hanna Trustee

William McConnell Trustee

7

, Annalong Congregation of The Presbyterian Church in lreland Independent Examiner's Report to the Trustees of Annalong Congregation of The Presbyterian Church in Ireland

Year ended 31 December 2025

J report to the trustees on my examination of the financial statements of Annalong Congregation of The Presbyterian Church in Ireland (‘the charity') for the year ended 3] December 2025 which are set out on pages 9 to 22.

This report is made solely to the charity's Trustees, as a body, in accordance with section 65(3)(a) of the Charities Act Northern Ireland 2008 and regulations made under section 66 of that Act. My work has been undertaken so that I might state to the charity's Trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my work or for this report.

Responsibilities and basis of report

As the trustees of the charity, you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act (Northern Ireland) 2008 (the ‘2008 Act’). You are satisfied that your charity is not required by charity law to be audited and have chosen instead to have an independent examination.

It is my responsibility to:

Basis of independent examiner's report

I have examined your charity financial statements as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northem Ireland under section 65(9)(b) of the Charities Act.

My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as charity Trustees concerning any such matters.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with my examination giving me cause to believe that in any material respect:

  1. accounting records were not kept as required by with section 63 of the 2008 Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements do not comply with the accounting requirements of the 2008 Act; or

  4. the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.

I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.

==> picture [414 x 65] intentionally omitted <==

----- Start of picture text -----
/
f Purdy Quinn
Xf (. [use] Chartered Accountants
PhonicUna Cunningham FCA . Date: 215 April 2026 42Kilkeel Greencastle Street
Chartered Accountants Ireland BT34 4BH
----- End of picture text -----

8

Annalong Congregation of The Presbyterian Church in Ireland

Statement of Financial Activities

Year ended 31 December 2025

2025 2025 2024
Unrestricted Restricted Endowment
funds funds funds Total funds Total funds
Note £ £ £ £ £
Income and endowments
Donationsandlegacies 4 168,723 71,391 - 240,114 269,626
Charitable activities 5 - 27,987 - 27,987 30,358
Othertrading activities 6 705 - - 705 955
Investment income 7 277 236 — 513 469
Otherincome 8 820 - - 820 373
Totalincome 170,525 99,614 - 270,139 301,781
Expenditure
Expenditure on charitable
activities 9,10 176,958 90,896 — 267,854 285,085
Total expenditure 176,958 90,896 - 267,854 285,085
Net (losses)/gains on
investments 12 - - 740 740 (777)
Netincome (6,433) 8,718 (740) 1,545 17,473
Transfers between funds 26,233 (26,233) - - -
Netmovementin funds 19,800 (17,515) (740) 1,545 17,473
Reconciliation offunds
Total funds brought forward 103,444 914,630 17,223 1,035,297 1,017,824
Totalfundscarriedforward 123,244 897,115 16,483 1,036,842 1,035,297

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 11 to 22 form part of these financial statements.

9

Annalong Congregation of The Presbyterian Church in Ireland

Statement of Financial Position

31 December 2025

2025 2024
Note £ £
Fixed assets
Tangible fixed assets 17 905,115 889,832
Investments 18 16,483 17,223
921,598 907,055
Current assets
Debtors 19 39,885 36,446
Cash atbankand in hand 79,331 94,516
119,216 130,962
Creditors: amounts falling due within one year 20 3,972 2,720
Net current assets 115,244 128,242
Total assets less current liabilities 1,036,842 1,035,297
Net assets 1,036,842 1,035,297
Funds ofthe charity
Endowmentfunds 16,483 17,223
Restricted funds 897,115 914,630
Unrestricted funds 123,244 103,444
Totalcharityfunds 22 1,036,842 1,035,297

These financial statements were approved by the board of trustees and authorised for issue on 21 April 2026, and are signed on behalf of the board by:

Rev David McCullagh Trustee

/ cs Trevor McConnell Trustee

The notes on pages 11 to 22 form part of these financial statements.

10

Annalong Congregation of The Presbyterian Church in Ireland

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The charity is a public benefit entity and a registered charity in Northern Ireland and is unincorporated. The address of the principal office is 30 Ballyveaghmore Road, Ballymartin, Co Down, BT34 4UL.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act (Northern Ireland) 2008.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity.

Annalong Congregation of The Presbyterian Church in Ireland constitutes a public benefit entity as defined by FRS 102.

Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. To ensure this, the charity has a reserves policy to develop and maintain unrestricted reserves equivalent to 12 months incoming resources without prejudicing the ongoing activities of the organisation.

Judgements and key sources of estimation uncertainty

In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are received on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where there vision affects both current and future periods.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal and fall into one of two sub-classes: restricted income funds or endowment funds.

Where the Trustees make a transfer of funds from general funds to a restricted fund, the charity reserves the right to transfer the unrestricted element of that fund into general reserves at any time in the future.

11

Annalong Congregation of The Presbyterian Church in Ireland

Notes to the Financial Statements (continued)

Year ended 31 December 2025

  1. Accounting policies (continued)

Incoming resources

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received, and the amount of income receivable can be measured reliably.

For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably, and the charity has been notified of the executor's intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible assets

Tangible assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. All assets costing more than £1,000 are capitalised.

Cost includes the original purchase price, costs directly attributable to bringing the asset to its working condition for its intended use, dismantling and restoration costs.

The Charity have utilised FRS 102 transitional rules for property and have included all property in use by the charity at the date of transition to FRS 102 at deemed cost, being the fair value of the properties at that time.

12

Annalong Congregation of The Presbyterian Church in Ireland

Notes to the Financial Statements (continued)

Year ended 31 December 2025

  1. Accounting policies (continued)

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings - 10% straight line

Church Property - Given the nature of the properties and the high level of on-going maintenance to which they are subject, no depreciation is applied to Church Property. The residual value of Church Property is considered to be at least equal to the cost (deemed cost) of the property.

Investments

Unlisted equity investments are initially recorded at cost, and subsequently measured at fair value. If fair value cannot be reliably measured, assets are measured at cost less impairment.

Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

Defined contribution plans

The charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charity to the fund in respect of the year.

4. Donations and legacies

Unrestricted Restricted TotalFunds
Funds Funds 2025
£ £ £
Donations
Free WillOffering 129,052 - 129,052
GiftAid 23,545 8,955 32,500
Loose collections 9,460 - 9,460
Otherdonations 661 724 1,385
United Appeal Collection - 10,860 10,860
General missions - 27,816 27,816
GiftDay Collection 6,005 - 6,005
Missionboxes - 1,229 1,229
Property& building fund - 6,800 6,800
Presbyterian Childrens Society — 1,470 1,470
RNLI - 398 398
HarvestCollection — 9,511 9,511
PrimarySchool Concert - - -
Earl Haig - 387 387
Otherdonations - 3,241 3,241
Legacies
Legacies& bequests - - -
168,723 71,391 240,114

13

Annalong Congregation of The Presbyterian Church in Ireland

Notes to the Financial Statements (continued)

Year ended 31 December 2025

4. Donations and legacies (continued)

==> picture [451 x 301] intentionally omitted <==

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |Unrestricted|Restricted|Total Funds| |Funds|Funds|2024| |£|£|£| |Donations| |Free|Will|Offering|119,159|—|119,159| |Gift Aid|21,514|8,009|29,522| |Loose|collections|9,129|~|9,129| |Other donations|1,248|100|1,348| |United|Appeal|Collection|-|10,570|10,570| |General|missions|—|26,834|26,834| |Gift Day|Collection|6,104|-|6,104| |Mission boxes|-|1,280|1,280| |Property & building|fund|-|4,195|4,195| |Presbyterian|Childrens|Society|-|1,530|1,530| |RNLI|-|473|473| |Harvest|Collection|—|6,975|6,975| |Primary|School Concert|—|3,799|3,799| |Earl|Haig|-|390|390| |Other donations|—|4,124|4,124| |Legacies| |Legacies &|bequests|44,194|-|44,194| |201,348|68,279|269,626| |5,|Charitable|activities|

----- End of picture text -----

==> picture [452 x 215] intentionally omitted <==

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |Restricted|Total|Funds|Restricted|Total|Funds| |Funds|2025|Funds|2024| |£|£|£|£| |Presbyterian Women|4,173|4,173|4,010|4,010| |Boys Brigade|6,404|6,404|7,192|7,192| |Girls Brigade|12,698|12,698|13,401|13,401| |Youth|Fellowship|1,796|1,796|1,703|1,703| |Contact Group|1,103|1,103|1,951|1,951| |Fit|for|Life|349|349|409|409| |Bowling|1,464|1,464|1,692|1,692| |27,987|27,987|30,358|30,358| |6.|Other|trading|activities| |Unrestricted|Total|Funds|Unrestricted|Total|Funds| |Funds|2025|Funds|2024| |£|£|£|£| |Hire|of hail|705|705|955|955|

----- End of picture text -----

14

Annalong Congregation of The Presbyterian Church in Ireland

Notes to the Financial Statements (continued)

Year ended 31 December 2025

7. Investment income

Unrestricted Restricted TotalFunds
Funds Funds 2025
£ £ £
Bank interest receivable — 211 211
Other investment income- dividends 277 25 302
277 236 §13
Unrestricted Restricted TotalFunds
Funds Funds 2024
£ £ £
Bank interest receivable - 176 176
Other investment income- dividends 269 24 293
269 200 469
8. Other income
Unrestricted Total Funds Unrestricted Total Funds
Funds 2025 Funds 2024
£ £ £ £
Gain ondisposal oftangible fixed assets
held for charity's ownuse 600 600 - -
Otherincome 220 220 240 240
Refund ofoverpayment - - 133 133
820 - 820 -—-373 373
9. Expenditure on charitable activities by fund type
Unrestricted Restricted TotalFunds
Funds Funds 2025
£ £ £
Advancing Christianity 104,830 76,048 180,878
Support costs 72,128 14,848 86,976
176,958 90,896 267,854
Unrestricted Restricted TotalFunds
Funds Funds 2024
£ £ £
Advancing Christianity 99,822 80,014 179,836
Support costs 73,111 32,138 105,249
172,933 112,152 285,085

15

Annalong Congregation of The Presbyterian Church in Ireland

Notes to the Financial Statements (continued)

Year ended 31 December 2025

10. Expenditure on charitable activities by activity type

Activities
undertaken Totalfunds Total fund
directly Support costs 2025 2024
£ £ £ £
Advancing Christianity 180,878 83,477 264,355 282,232
Governancecosts - 3,499 3,499 2,853
180,878 86,976 267,854 285,085
11. Analysis ofsupport costs
Analysis of
support costs
Advancing
Christianity Total 2025 Total2024
£ £ £
Staffcosts 23,788 23,788 21,698
Premises 41,122 41,122 61,594
General office 5,751 5,751] 8,541
Finance costs 306 306 251
Governance costs 3,499 3,499 2,854
Depreciation 8,325 8,325 6,096
Othercongregational costs 4,185 4,185 4,215
86,976 86,976 105,249
12. Net (losses)/gains oninvestments 7
Endowment Total Funds Endowment Total Funds
Funds 2025 Funds 2024
£ £ £ £
Gains/(losses) on other investment assets (740) (740) 777 777
13. Netincome
Net income is stated after charging/(crediting):
2025 2024
£ £
Depreciation oftangible fixed assets 8,325 6,096
Gainson disposal oftangible fixed assets (600) -
14. Independent examination fees
2025 2024
£ £
Fees payable to the independent examiner for:
Independent examinationofthe financial statements 706 636
Otherassurance services 2,331 2,082
3,037 2,718

16

Annalong Congregation of The Presbyterian Church in Ireland

Notes to the Financial Statements (continued)

Year ended 31 December 2025

15. Staff costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

2025 2024
£ £
Wages and salaries 71,742 68,036
Social security costs 6,398 5,328
Employer contributions to pension plans 7,367 9,762
85,507 83,126

The average head count of employees during the year was 4 (2024: 4). The average number of full-time equivalent employees during the year is analysed as follows:

2025 2025 2024 2024
Minister No. 1 No. 1
Maintenance 2 2
Other 1 1
4 4

No employee received employee benefits of more than £60,000 during the year (2024: Nil).

16. Trustee remuneration and expenses

The Minister of the congregation, Rev David McCullagh, is a trustees of the charity. The Minister received remuneration of £42,098 (2024 - £40,674), allowances of £7,388 (2024 - £7,036) and mileage expenses of £1,187 (2024 - £968) in his capacity as the Minister of the congregation. Pension contribution of £7,367 (2024 - £9,762) were also paid to the Presbyterian Church in Ireland Pension Scheme (2009) in respect of Rev McCullagh.

Trustee, Trevor McConnell received £1,899 (2024 - £1,836) in connection with graveyard maintenance duties.

No other trustees received any remuneration and no other trustees claimed any expenses during the year in connection with their duties.

17. Tangible fixed assets

Church Fixtures and
Property fittings Total
£ £ £
Cost
At 1 January 2025 859,777 63,781 923,558
Additions - 23,608 23,608
At31 December 2025 859,777 87,389 947,166
Depreciation
At 1 January2025 ~ 33,726 33,726
Charge for the year - 8,325 8,325
At31 December 2025 - 42,051 42,051
Carrying amount
At31 December 2025 859,777 45,338 905,115
At31December2024 859,777 30,055 889,832

17

Annalong Congregation of The Presbyterian Church in Ireland

Notes to the Financial Statements (continued)

Year ended 31 December 2025

17. Tangible fixed assets (continued)

Church Property includes all properties owned and occupied by the Charity in Advancement of Christianity and includes the Annalong Presbyterian Church building, Graveyard, Halls and the Manse. The Church Building, Graveyard, the youth hall & other halls were recognised in the financial statements using a valuation as the deemed cost, on transition to SORP 2015 (FRS 102). The valuation was performed by an independent external valuer, as at 31st December 2015 on the basis of Fair Value. Fair Value is the amount for which an asset could be exchanged between knowledgeable, willing parties on an arm's length basis in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (FRS 102) and the Charities SORP 2015 (SORP 2015). The fair value of the Church Building was considered to be £Nil, therefore it is not represented in the value stated above.

Church property also includes residential property at Glassdrumman Road, Annalong (the Manse). This property was valued by the Trustees. The Trustees considered the fair value of the property on transition not to be materially different from its Ratable Value of £330,000, hence this value was recorded as the deemed cost of the property on transition to SORP 2015 (FRS 102).

This property at Glassdrumman Road, Annalong was extended and refurbished during 2018. The cost of the refurbishment totalled £139,777 and is included above.

Church property is maintained to a high standard. The residual value of Church Property is not considered materially different from the cost/deemed cost of the property; therefore, no depreciation has been charged.

Due to the age and nature of Church property, it was not possible to reliably state the historic cost of Church property.

Fixtures & fittings are recorded a depreciated historical cost.

18. Investments

Other
investments
£
Cost or valuation
At 1 January 2025 17,223
Additions -
Fair valuemovements (740)
At 31 December 2025 16,483
Impairment
At 1 January 2025 and31 December 2025
Carrying amount
At31 December2025 16,483
At31December2024 17,223

All investments shown above are held at valuation.

Other investments are recorded at their fair value at the balance sheet date.

The fair value of the general investment fund is determined by reference to the quoted price for identical assets in an active market at the balance sheet date.

18

.

Annalong Congregation of The Presbyterian Church In Ireland

Notes to the Financial Statements (continued)

Year ended 31 December 2025

19. Debtors

2025 2024
£ £
Trade debtors 32,271 29,122
Prepayments and accrued income 7,614 7,324
39,885 36,446
20. Creditors: amounts fallingduewithin oneyear
2025 2024
£ £
Accrualsand deferred income 3,037 2,719
Social security and other taxes 935 1
3,972 2,720

21. Pensions and other post-retirement benefits

Defined contribution plans

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £7,367 (2024: £9,762).

Pensions and other post-retirement benefits

—

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 contributions for the Scheme and based on the stipend paid to the Minister and Associate 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. Following the 2023 Triennial Actuarial Valuation of the Fund, the formal schedule of contributions was changed to reflect the significant improvement in the scheme's funding level. The Presbyterian Church now agreed to pay contributions of 17.5% (2024 - 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.

19

Annalong Congregation of The Presbyterian Church in Ireland

Notes to the Financial Statements (continued)

Year ended 31 December 2025

22. Analysis of charitable funds

Unrestricted funds

Unrestricted funds
Gainsand At31 Dec
At 1 Jan 2025 Income
Expenditure Transfers		 losses 2025
£ £ £ £ £ £
General funds 73,750 170,525 = (176,958) 26,233 - 93,550
DesignatedFund - Property 29,694 - - - - 29,694
103,444 170,525 (176,958) 26,233 ~ 123,244
Gains and At31 Dec
At 1 Jan2024 Income
Expenditure Transfers		 losses 2024
£ £ £ £ £ £
General funds 62,289 202,945 (172,934)
(18,550)		 - 73,750
Designated Fund - Property - - — 29,694 - 29,694
62,289 202,945 (172,934) 11,144 - 103,444
Restricted funds
Gains
and At31 Dec
At 1 Jan2025 Income Expenditure Transfers losses 2025
£ £ £ £ £ £
Church Buildings Fund 859,777 - - - - 859,777
United Appeal Fund 1,981 12,869 (12,841) - — 2,009
General Missions Fund 3,978 31,878 (31,294) — — 4,562
Presbyterian Childrens Society ee ae
Fund - 1,495 (1,995) 500 - —
PropertyFund 33,337 19,397 (13,436) (22,508) - 16,790
TearFund - 887 (887) - - -
RNL!IFund - 398 (398) _ —- -
EarlHaig - 387 (387) - - -
PeriodicalsFund 554 1,254 (1,414) - - 394
GraveyardFund 200 100 - - - 300
TeachingWeekFund — 724 (974) 250 - -
LordEnniskillen - - - —_ - -
Primary School Concert - - — - - -
Young AdultDeposits _ 1,000 (1,000) - _ -
PresbyterianWomen 2,503 5,405 (3,235) (500) — 4,173
Boysbrigade 3,464 6,409 (4,777) (525) - 4,571
GirlsBrigade 4,922 12,698 (13,000) (2,900) - 1,720
Youth Fellowship 950 1,796 (2,468) - - 278
ContactGroup 862 1,103 (1,245) (350) - 370
Fit for Life 672 349 (318) - — 703
Sunday School 761 1 (15) - - TAT
Bowling Club 669 1,464 (1,212) (200) - 721
914,630 99,614 (90,896) (26,233) — 897,115

20

Annalong Congregation of The Presbyterian Church in Ireland

Notes to the Financial Statements (continued)

Year ended 31 December 2025

22. Analysis of charitable funds (continued)

Restricted funds

Gainsand At31 Dec
At 1 Jan 2024 Income Expenditure Transfers losses 2024
£ £ £ £ £ £
Church Buildings Fund 859,777 - - - - 859,777
UnitedAppealFund 2,083 = 12,551 (12,653) - - 1,981
General Missions Fund 4,322 30,747 (31,091) - - 3,978
Presbyterian Childrens Society
Fund — 1,897 (1,897) - - -
PropertyFund 58,008 13,208 (30,272) (7,607) - 33,337
TearFund — 778 (778) ~ - -
RNLI Fund - 473 (473) - ~ ~
EarlHaig - 390 (390) - - -
Periodicals Fund 345 1,565 (1,356) _ - 554
GraveyardFund 100 100 - — - 200
TeachingWeekFund - - - ~ - -
LordEnniskillen - 1,681 (1,681) - - -
Primary School Concert - 3,799 (3,799) - - -
Young AdultDeposits - - - - - -
PresbyterianWomen 3,036 5,293 (5,326) (500) - 2,503
Boysbrigade 3,013 7,197 (6,109) (637) - 3,464
GirlsBrigade 4,184 13,401 (10,463) (2,200) - 4,922
Youth Fellowship 1,345 1,703 (2,098) — - 950
Contact Group 601 1,951 (1,690) — — 862
FitforLife 643 409 (380) — _ 672
Sunday School 775 1 (15) _ —_ 761
Bowling Club 857 1,693 (1,681) (200) - 669
939,089 98,837 (112,152) (11,144) - 914,630
Endowment funds
Gainsand At31 Dee
Atl Jan2025 Income Expenditure Transfers losses 2025
£ £ £ £ £ £
PCI Investments 17,223 - - - (740) 16,483
Gainsand At3i Dec
At1 Jan 2024 Income Expenditure Transfers losses 2024
£ £ £ £ £ £
PCIInvestments 16,446 ~ - - 177 17,223

Endowment funds

21

.

Annalong Congregation of The Presbyterian Church in Ireland

Notes to the Financial Statements (continued)

Year ended 31 December 2025

23. Analysis of net assets between funds

Unrestricted Restricted Endowment TotalFunds
Funds Funds Funds 2025
£ £ £ £
Tangible fixed assets 45,338 859,777 — 905,115
Investments — — 16,483 16,483
Current assets 81,878 37,338 - 119,216
Creditors less than 1 year (3,972) - - (3,972)
Net assets 123,244 897,115 16,483 1,036,842
Unrestricted Restricted Endowment Total Funds
Funds Funds Funds 2024
£ £ £ £
Tangible fixed assets 30,055 859,777 — 889,832
Investments - — 17,223 17,223
Current assets 76,109 54,853 _ 130,962
Creditors less than 1 year (2,720) - — (2,720)
Netassets 103,444 914,630 17,223 1,035,297

24. Related parties

The Minister, Rev David McCullagh (a Trustees of the Charity) represented the key management of the charity. Total remuneration and expenses paid to Rev McCullagh are detailed in Note 16.

Rev McCullagh has also occupied residential church property at Glassdrumman Road, Annalong (The Manse) in his role of Minister of the congregation. Rev McCullagh was not charged rent for use of this property.

During the year the charity paid £1,899 (2024 - £1,836) to trustee, Trevor McConnell. This represented a commercial transaction in relation to services provided by Mr McConnell with regard to ground maintenance.

25. Financial Commitment

During a congregational meeting held on Sth December 2024 it was unanimously passed that Annalong Presbyterian Church would acquire land adjacent to the Church, along with access rights, from Trustee, Mr Alan Hill, for £40,000. The land was independently valued and although the purchase was not complete on 315' December 2025, it is expected to proceed and complete in 2026. The Designated Property Fund will be used in funding the acquisition.

22