an Ballydown Presbyterian Church a congregation of the Presbyterian Church in Ireland Trustees Annual Report and Financlal Statements for the year ended 31 December 2025 Reglstered with the Charlty Commlsslon for Northern Ireland NIC105146
TRUSTEES ANNUAL REPORT The Trustees present their Annual Report and Financial Statements for the year ended 31 December 2025 includin8 a Balance Sheet as at that date. REFERENCE AND ADMINlSfRATIVE DEfAILS Ballydown Presbyterian Church a congregation of the Presbyterlan Church In Ireland Castlewellan Road. Banbridge. Co. Down. Registered Charity in Northern Ireland {NIC105146) CHARrrY TRUSTEES The Charity Trustees who served during the year or who were trustees at the date of this report were Demiot McElderry lan Montgomery John Campbell Andrew Adams Samuel Mills Liam Rutherford Alistair Copeland Samuel Martin James Martin William Porter Conrad Ferrls Mark Moorhead PRINCIPAL OFFICE BEARERS Minister Clerk of Session Treasurer Rev Liam Rutherford lan Montgomery James Ringrose INDEPENDENT EXAMINER S.M.Vlnt & Co., 8 Newry Road, Banbrldge. BT32 3HN. BANKERS Danske Bank, Newry Finance Centre, 58 Hlll Street, Newry* BT34 IAR. SOLICITORS Trevor McBurney & Co.. 11 Downshire Place, Banbridge. Co. Down, BT32 3DF.
an TRusfEES ANNUAL REPORT (convd) STRucfuRE AND MANAGEMErir 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 connerted with any congregation who are within its bounds. It Ènsures pastoral care is In place in the congregatlon and seeks to further the contrlbutlon of the Church to Christian witness and service in the local community. The Klrk Sessions has delegated to its Congregational Committee the temporal affair5 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 mlnlsters in active duty In the con8re8ation, has no deliberative but only a casting vote. Stated meetings of the Kirk session are held monthlv. To be chosen for the office of the eldership in the congregatlon 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 con8re8ation or by the Kirk Sesslon. Members are elected if they obtain two-thirds of those who vote. Presbytery Under the Presbyterian Church in Ireland form of governance the corporate overslght of a congregation is the responsibility of a Presbytery which superintends generally the spiritual and temporal affairs of the congregations assigned to tt by the General Assembly of the Presbyterian Church In Ireland. Ballydown Presbyterlan Church ha5 been assigned to the Iveagh Presbytery of the Presbyterian Church in Ireland. The membership of the Presbytery onsists mainly of the active ministers of congregations assigned to it by the General
an TRUSTEES ANNUAL REPORT (cont'd) Assembly, minster5 who have retired from active duty and an elder appointed bythe Kirk Session of each congregation. The General Assemblv The General Assembly is the supreme court of the Church, representin8 in one body the whole Church and actin8 a5 It5 supreme legislative, administration and judicial authority, in dealing with all matters brought before it. The General Assembly is normally constituted durin8 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 ¢ongrÈgation, retired mlnsters and a representative elder appointed by the Klrk Sesslon of each congregation. DESCRIPTION AND PURPOSE Ballydown 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 8rounded 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 fulfillin8 God's mission to our world. The congregation's mission purpose is: "Reflecting Christ. Reaching People. Renewing lives." -REFLECTING CHRIST Our mission is to reflect Chri5t'5 desires ond character. We wont people to see Jesus 'the 'ght of the World,. We are His lights reflecting His loving and life-giving qualities. -REACHING PEOPLE Our mission is to moke dlsclples. as Jesus commanded. We want tofind ways of moking meaningful contact5 Wlth people in our communlty and to share God's love with them. -RENEWING LIVES Our mission 15 to See God's Spirit take God's Word and transform lives. We wont to See llves renewed ¢75 testimony to the power of the Gospel.
an TRUSTEES ANNUAL REPORT (cont'd) ACTivrriES AND OBJECTIVES The congregation meets for worshlp every Sunday and vlsltors are welcome to Joln. The Sacrament of the Lords Supper is observed on six occasions durin8 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 has a wide range of or8ani5ations including: Creche, Sunday School and Bible Class Youth Club Girls, Brigade Boys, Brlgade Youth Fellowship Presbyterian Women Small Groups ACHIEVEMENTS AND PERFORMANCE Worship and prayer The congregation meets for worship each Sunday at 10.30am at two locations, at Ballydown Presbyterian Church1151 Castlewellan Road, Banbrid8el and The Bridge172-78 Newry St, Banbridgel and once a month at 7.30pm at The Bridge. The Bridge was established in May 2024 as a church plant seekin8to reach the unchurched in the town of Banbridge. Durln8 the week the Srnall Groups provlde an opportunity for members to meet together for fellowship. to study the scriptures and to pray. During the year we acknowledged God's gift of new life at baptism, we conducted marrlage services and funeral services. We also marked harvest and other key times in the Christian calendar including Christmas and Easter. At 31 December 2025 there were 317 communicant members and 231 families connected with the congregation. The average attendance at Sunday morningworship was around 350 persons of all ages in Ballydown and another 50 or so at The Brid8e. Children's ministries run during the services to meet the spiritual needs of children of all ages. Prayer Ministry is offered at the close of the service. We also serve tea and coffee after the servlce to allow for Informal fellowship.
TRUSTEES ANNUAL REPORT (convd) Pastoral care Members of the congregation who are unable to attend church due to sickness or age are normally vislted by the minister. elders or by one of the congregation's pastoral visitors. Misslon and outreach At a local level the congregation seeks to share the gospel of Jesus Chrlst both formally and informally. This is athieved through our regular church servlces, online services, uniformed and non-uniformed organisations and through the various clubs that we run as well as helplng to support the local Food Bank and various charitable organisations such as the Blvthswood Shoebox Appeal. The congregation support5 the Unlted Appeal for Mlssion which is a central fund of the Presbyterian Church In Ireland. This fund enables congregations to support the wider mission ofthe denomination and to do mission and outreach on denorninational basis beyond what the congregation could do on Its own. The United Appeal Fund provides financial support for mlssion personnel at home and oversea5, asslsts congregation5 with the deployment of locally based staff, enables church planting, provides grant support for the upkeep of church premises. assist with the runnin8 Costs of Union Theological College, the Church's training college for ministry students, and financially supports congregation in the areas of worshipi discipleship, 8lobal mission, outreach, leadership and pastoral care. Presbytery The congregation was represented at the regular meetlngs of Presbytery by our minister and / or one of the elders. Thls provides an Smportant link between the congregations and the wider struttures of the church. General Assembly The minister and one of our elders were nomlnated to attended the General Assembly of the Presbyterian Church in Ireland held in Assembty BuildinB5, Belfast, in June. Property The church continues to maintain the propertyto a good standard Organlsatlons Small Groups: Nine small groups have met in the church premlses and around our district on a weekly basis, averaging 16 people in each.
an TRUSTEES ANNUAL REPORT (convd) Youth Fellowship met on Sunday evenings and exists for teena8ers to learn more about the gospel. worship together and enjoyvarious games and social activities and a weekend away. Average attendance 35. Youth Club meets on Friday evenings with an average of 35 teenager5 attending and Ènjoying all sorts of artivities includlng football, board games, pool, basketball, table tennls and various video games. Boys, Brigade in Ballydown is made up of three sections- Anchor Boys, Junior Section and Company Sertion. The Boys, Brigade sections have 50U8ht to fulfil their mission of 'Extendin8 Christ's Kingdom Among Boy5 through their badge work, Bible Study and development of life-skills. Gir15' Brigade is made up of five sections. The gir15 ran8e in age from 4 to 16 years old th supported by 16 leaders. Ballydown GB is affiliated to GBNI as 377 GBNI Company. The GB meets weekly on a Tuesday to fulfil their mission which is, "To help gir15 to become followers of the Lord Jesus Christ, and through self-control, reverence and a sense of responsibility, to find true enrichment of life. Creche is split into three- Baby Creche10 to 12 month5), Junior Creche11 to 2+ years) and Toddler Creche12+ to 4 years) and runs during the Sunday Service. Worship has been led each Sunday by a team of musicians and praise leaders. The Puppets Ministry has presented Blble stories to children - presented mainly by our teenagers. They have featured on special occasions such as Easter, Children's Sunday, Christmas and the Organi53tions' Enrolment Service. Camera Club has met fortnightly and exlsts to educate its members about photography and taking better pictures. They have organised occasional field trips and created proJect5 for members to complete. Sewing Bees has about a dozen ladies meeting to complete craft projects. Presbyterian Women ha5 met the needs of ladies of the congregation with an emphasis on both spiritual and prartical activities. The PW prays for and supports overseas mission. The Carers, Group helps those who are caring for theirfamlly members was able to resume meetin8 once a month in the second half of year. Llft Group are small meetings of three to four people meeting for prayeron an informal basis.
an TRUSfEES ANNUAL REPORT {cont'd> New men's and women's ministries have been established to help to maintain the personal links within our congregation and to encoura8e fellowship. Volunteers The Trustees wish to acknowledge their deep appreciation of those who 8ive freety of their time by serving on committees and helping with organisations and other church activities.
TRUSTEES ANNUAL REPORT Iconvd) PUBLIC BENEFITSTATEMENT The Presbyterian Church in Ireland meets the public benefrt requirement by providing benefit to its members and the general public by making known the Christian Gospel ofthe Lord Jesus Christ through the advancement of religion. The direct benefits which flow from the purposes of the Church include the gainin8 of an understandlng In Christian beliefs as set out in the Blble 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 teachin8. In tum, thls framework leads to practical expressions of Christian beliefs and 5tandard5 in the local community such as throu8h the care of those in need (including the sick, disabled and bereaved). Generally the above benefits are delivered locally by con8re8ations 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, theirfamllies, and members of the publlc. The purpose does not lead to harm. The only private benefrt flowingfrom our purpose is related to Ministers, Missionaries, Deaconesses, Irish Missiorn workers and Lay Agents who receive benefits as a result of their holdin8 office or employment. However, this Is incidental and necessary in orderto further our charitable purpose. There are no other private benefits. The beneficiaries of this purpose are members, their families, other individuals that the Presbyterlan Church In Ireland is in direct and indirett contact with, the communlty 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 or8anisations, charities and individual members of the public. The Kirk Session has had regard to the Charity Commissions public benefit requirement statutory 8uldance.
an TRUSTEES ANNUAL REPORT (cont'dl FINANCIAL REVIEW The congregation's main source of income is member5, contrlbutions throu8h the Weekly Freewill Offering. There were 174 contributors during the year donating a total of £181,524 (page 211 compared to 173 contributors donating £151,121 In previous year Total Income of the congregation durin8 the year was £367.585 Ipage 14) compared to £321,242 in the previous year. Total expendlture increased from £304,254 to £312,711 Ipa8e14). RESPONSIBILITIES IN RESPECT OF THE FINANCIAL STATEMEKrs The Trustees are responsible for preparingthe Annual Report and the financial statements in accordance with applicable law and United Kin8dom Generally Accepted Accounting Practice. The Trustees are requlred to prepare financial Statements for each financial year which give true and fair view of the state of affairs of the congregations and the flnandal artivities for that year. In preparing the financial statements the Trustees are required to: select suitable accountlng 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 operatlOD. The Trustees are responsible for keepin8 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 Statement of Recommended Practice "Accounting and Reporting by Charitie511 January 20151" They are also responsible for safeguarding the assets of the congregation and hence for taking reasonable step5 for the prevention and detection of fraud and other Irregularities. io
an TRUSTEES ANNUAL REpoKf (cont'd} GOING CONCERN The actlvities 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 th15 report ar)d subject to the continuing support from members to fund on an on8oln8 basis the con8regation's current activities and other flnancial commitments. RESERVES POLICY The Trustees have considered the level of unrestrlcted reserves that it is approprlate to hold takin8 account of current and ongolng commitments. It is the policy of the Trustees to hold between three and six month's normal expenditure. At the year end unrestrlcted reserves were £167,069 Ipage 151 which represents a high level of reserves. The Trustees however, consider it prudent to hold reserves at this level as the fvnding of its present artivities is dependent of the ongoing financial support of members. RISK REVIEW A review of major rlsks has been undertaken by the Trustees and systems and procedures implemented to manage identified rlsks. The princlpal risks are in relation to the likelihood of reputatlonal damage and financial risks associated with the expectation of ongoing financial sUPPOrt from members. These risks are mitigated by the Trustees, and the Congregational Comrnittee, regularly monitoring the various activities of the congregation at stated meeting5 and by encouraging members in thelr regular giving. Approved by the Kirk Session at a meeting on 18th May 2026 and signed on its behalf bv Rev Liam Rutherford James Rin8rose Minister Treasurer li
an QUALIFIED INDEPENDE EXAMINERS REPORT TO THE TRUSTEES OF BALLYDOWN CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND I report on the accounts of the charity for the year ended 31st December 2025 whlch are set out on pages 14 to 32. Thls report is made solely to the charities Trustees, a5 a body, in accordance with sectlon 6513)lal of the Charltles Act Northern Ireland 2008 and regulatlons made under sectlon 66 of that Act. My work has been undertaken $0 that I mlght state to the charities Trustees those matters l am required to state to them in an Independent examinerfs 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 charities Trustees as a body, for mywork or this report. Respectlve responslbllltles of Trustees and Examiner As the charitws trustees you are responslble for the preparation of the accounts in accordance with the Charitie5 Act (Northern Ireland) 2008. You are satisfied that your charity is not required by charity law to be audlted and have chosen instead to have an independent examination. It Ss my responslbility to: examine the accounts under section 65 of the Charities Act: follow the procedure5 laid down in the general Directions given by the Charlty Commission for Northem Ireland under section 6519llbl of the Charities Act; and • state whether particular matters have come to my attentlon. Basls of Independent Examlner's report I have examlned your charlty accounts as requlred under section 65 of the Charities Act and my examination was carried out in accordance wlth the general Directions given by the Charity Commission for Northern Ireland under section 6519}{bl 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 accounts and seeking explanations from you as charlty trustee5 concerning any such matters. 12
an Independent examlnerfs statement Since the charit(s gr055 income exceeded £250,CMXI your examiner must be a member of a body listed in section 65 of the 2008 Act. I confirm that l am qualified to undertake the examination because l am a member of Chartered Accountants Ireland, which is one ofthe listed bodies. 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.. accounting records were not kept 35 required by with section 63 of the 2008 Act; or the financial statements do not accord with those records: or the financial statements do not comply with the accounting requirements of the 2008 Act: or the financial statements do not comply with the applicable requirements concernlng 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 consldered as part of the Independent examinatlon. I confimi that there are no matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached. 19th May 2026 B. Magennls FCCA FCA For and behalf of 5.M. Wint & Co Chartered Certified Accountants & Reglstered Audltors 8 Newry Road Banbridge BT32 3HN 13
an BALLYDOWN PRESBYfERIAN CHURCH Congregation of The Presbyterian Churth In Ireland STATEMENT OF FINANCIAL AcllviTY for the year ended 31 December 2025 Income and Endowments from: Donations and le8acies Charitable activities Other trading activities Investment5 Other 227824 3469 1140 117293 17486 345117 20955 1140 13 360 296100 23103 860 io 1169 13 190 170 Total 232603 134982 367585 321242 Expendlture on: Raising funds Charitable activities Other 274 172641 274 273 312437 303981 139796 Total 172915 139796 312711 304254 Net gains/llossesl on investments Net Income l (expendlture) Transfers between funds Gainslllossesl on revaluation of fixed assets 59688 126901 148141 2690 54874 16988 Net movement in funds Reconciliation of funds: Total funds brought forward 56998 (21241 110071 1482282 54874 16988 1592353 1575365 Total funds carried forward 167069 1480158 1647227 1592353 14
BALLYDOWN PRESBYfERIAN CHURCH a Congregation of The Presbyterian Churth In Ireland BALANCE SHE As at 31 Dember 2025 Flxed assets: Tangible assets Heritage assets Investments 12 1578916 1578916 1619088 13 Total flxed assets 1578916 1578916 1619088 Current assets Debtors 14 13443 10580 24023 19196 Current Investrnents Cash at bank and in hand 15 158463 47519 205982 152802 Total current assets 171906 58099 171998 Llabllitles: Credltor5: Amounts falling due within one year 16 14837) 1387571 143594} 1424681 Net Current assets or liabllltles 167069 19342 6411 129530 Total a55ets less current liabllltles Creditors: Amounts falling due fter more than one year Provisions for liabilities 17 li100) 11562651 Total net assets or liabilities 157069 1480158 1647227 1592353 15
an BALLYDOWN PRESBYfERIAN CHURCH a Congregatlon of The Presbyterian Church In Ireland BALANCE SHEET As at 31 December 2025 Funds of the charity Endowment funds 18 Restricted income funds 18 1480U8 1410158 1482282 Unrestricted funds 18 167069 167069 11(X171 Revaluation reserve 18 Total charity funds 167069 1480158 1647227 1592353 th Approved bythe Kirk Session at a meeting on 18 May 2026 and signed on its behalf by Rev Liam Rutherford James Ringrose Minister Treasurer 16
an BALLYDOWN PRESBYfERIAN CHURCH a Congregation of The Presbyterlan Church In Ireland NOTES TO THE AcCourS 31 December 2025 ACCOUNTING POLICIES BASIS OF FINANCIALSTATEMENTS 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 IFRS102} (effective l January 20151. The financial statements have been prepared under the historical cost convention except for investment assets, which are shown at market value. The financial statements Include all transaction5, assets and liabilities for which the congregation is responsible in law. They do not include the accounts of church groups that owe their afflllation to another body, nor those that are informal gatherin8s of church members. FUND ACCOUNTING Endowment funds are funds, the capital of which must be retalned elther permanently or at the con8regation'5 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 comprlse la} income from endowments which is to be expended only on the restricted purposes intended by the donor and Ib} revenue donatlons or grants for a speclfic congregational artivity 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. Deslgnated funds are general funds set aside bythe congregation for use in the future. 17
an BALLYDOWN PRESBYfERIAN CHURCH a Congregation of The Presbyterlan Church In Ireland NOTES TO THE ACCOUNTS 31 December 2025 ACCOUNTING POLiaES Icont'd) INCOMING RESOURCES 11) Recognition of incoming resources These are included in the Statement of Financial Activities (SoFA} when: the congregation becomes entitled to the resources: the trustees are virtually certain they will receive the resources; and the monetary value can be measured with sufficient reliably. (11) Incomlng resources wlth related expenditure Where incomlng resources have related expenditure las with fundraising Income) the incoming resources and related expenditure are reported gross in the SOFA. (lil) Grants and donations Grants and donations are only included in the SOFA then the congregation has unconditional entitlement to the resources. Ilv) Tax reclaims on donations and gifts Incoming resources from tax reclaims are included in the SOFA at the same time asthe 8ift to which they relate. Iv) Contractual Income and performance related grants This is only included in the SOFA once the related goods or services have been delivered. (vil Volunteer help The value of any voluntary help received is not included in the accounts but is descrlbed in the trustees. annual report. Ivll) Investment Income Thi5 is included in the accounts when recelvable. 18
an BALLYDOWN PRESBYfERIAN CHURCH Congregation of The Presbyterian Church In Ireland NOTES TO THE ACCOUNTS 31 December 2025 ACCOUNTING POLICIES {conVd) (viii) Investment gains and losses This includes any gain or loss on the sale of investments and any 8ain or loss resultln8 from revaluing investments to market value at the end of the year. EXPENDITURE AND LIABIUTIES Ilx) Uability re¢o8nition Llabilities are recognised as soon as there is a legal or constructive obligation commltting the congregation to pay out resources. {x) Governance Costs These are shown within charitable activities and include the costs of preparation and examination of accounts, the costs of trustee meetings and cost of any legal advice to trustees on governance or constitutional matters. (xi) Grants with performan condltlons Where the charity gives a grant with conditions for its payment being a speclfic level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output, (xii) Grants payable without perfom)ance 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 whlch remaln in the control of the charlty. 19
an BALLYDOWN PRESBYTERIAN CHURCH a Congfegatlon of The Presbyterian Church In Ireland NOTES TO THE Accoumrs 31 December 2025 ACCOUNTING POLICIES (cont'd) ASSErs (xiii) Tan8lble Flxed Assets Tanglble fixed assets for use by charity are capitalised if they can be used for more than one year, and c05t at least £l.OC(i. They are valued at cost or, if gifted, at the value to the charity 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 - over 50year5 - over 8 years (xlv) 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. 20
Presbyter an BALLYDOWN PRESBYfERIAN CHURCH Congregatlon of The Presbyterian Churth In Ireland NOTES TO THE Accoumfs Iconvd) 31 December 2025 DONATIONS AND LEGACIES Recorded giving: Loose collertions Donations and gifts Gift Aid Legacies and bequest 181524 95353 7094 358 5133 1962 33773 19620 300 276877 234609 7452 10923 7095 4737 53393 45831 300 227824 117293 345117 296100 CHARITABLE ACTIVITIES Income from charitable activities Fees from weddings and funerals Membership fees Fundraising events Grants 7886 5800 3800 7886 9269 38 6657 6070 10376 3469 3469 17486 20955 23103 21
an BALLYDOWN PRESBYfERIAN CHURCH Congregation of The Pre5byterlan Church In Ireland NOTES TO THE ACCOUNTS (convd) 31 Dernber 2025 4. OTHER TRADING AcnvrriES Lettlng of premlses Trading income 1140 1140 860 1140 1140 860 INVESTMENTS Deposit interest General Investment Fund Property Rents Other Investment Income 13 13 io 13 13 io 22
BALLYDOWN PRESBYTERIAN CHURCH a Con8re8atlon of The Presbyterlan Church In Ireland NOTES TO THE ACCOUNTS Iconvd) 31 December 2025 OTHER INCOME Insurance claims Other income 170 190 360 1169 170 190 360 1169 RAISING FUNDS FWO envelopes Fundrai5in8 events 274 274 273 274 274 273 23
an BALLYDOWN PRESBrfERIAN CHURCH a Congregatlon of The Presbyterian Church In Ireland NOTES TO THE Accoumfs Iconvd) 31 December 2025 CHARITABLE AcfiviTIES General AssemblyA55e55ment5 Presbytery fees Ministry and sUPPOrt staff c05tS Congregational running expenses Donations to Mlsslons and charities Governance costs 20267 20267 1035 23549 1035 866 88206 639 88845 81015 58993 91170 150163 159969 47987 47987 35762 4140 4140 2820 172641 139796 312437 303981 OTHER EXPENDITURE Investment properties expenses 24
an BALLYDOWN PRESBYfERIAN CHURCH a Congregation of The Presbyterlan Church In Ireland NOTES TO THE ACCOUNTS (convd) 31 December 2025 10. EMPLOYEES Employment Costs Wages and Salaries Social Security Costs Penslon contributions 78490 73497 9372 7350 7183 9229 95045 90076 Number of Ernployees The average number of employees. including the minister of the congregation, durlng the yearwas Average number of employees There were no employees in receipt of employee benefits in excess of £60,000. 25
an BALLYDOWN PRESBYfERIAN CHURCH a Congregatlon of The Presbyterian Church In Ireland NOTES TO THE Accourirs {cont'd) 31 December 2025 ii. PENSION COSTS The minister of the congregation is a member of the Presbyterian Church in Ireland Pension Scheme12009). This is a scheme operated bythe Presbyterian Church In Ireland, a separate registered charity. The congregation pays an assessment to the Presbyterian Church in Ireland equivalentto the employer's pension contribution for the Scheme and based on the stipend paid to the minister. The Presbyterian Church in Ireland Pension Scheme120091 is funded Scheme of the defined benefit type. providin8 defined benefits based on career average revalued salary. The Scheme has assets held in a separately administered fund rnana8ed by a board of trustees. The Presbyterian Church and the Scheme Trustee5 have agreed a funding plan to ensure the Sd)eme is sufficiently funded to meet current and future obligatlons. The contributions made by the congregation during the year were Contributions 6838 9061 The congregation operates a defined pension contribution policy for its employees. The scheme and its assets are held by an independent scheme mana8er. The pension char8e represents the contributlons due from the congregation during the year Contributions 345 26
an BALLYDOWN PRESBYfERIAN CHURCH a Congre8atlon of The Presbyterian Church In Ireland NOTES TO THE ACCOUNTS Iconvd) 31 Decernber 2025 12. TANGIBLE FIXED ASSEts Cost or valuation At start of year Additions Disposals 1915809 59058 2C04867 At end of year 30LXJO 1915809 59058 2004867 Depreciation At start of year Provision for year Disposals 337612 48167 385779 38317 1855 40172 At end of year 375929 SCQ22 425951 Net Book Value At start of year 3COJO 1578197 10891 1619088 At end of year 30CNJO 1539880 9036 1578916 13. INVESTMENTS 2025 2024 General Investment Fund Investment Properties Presbyterian Mutual Society 27
an BALLYDOWN PRESBYfERIAN CHURCH a Congregation of The Pre5byterlan Church In Ireland NOTES TO THE ACCOUNTS Icont'd) 31 December 2025 13. INVESTMENTS (Cont'd} 2025 2024 Value at Start of year Additlons Disposals Impairment Gains / (Losses on revaluatlon} Value at end of year 28
Presbyter an BALLYDOWN PRESBYfERIAN CHURCH a Congregation of The Presbyterian Churth In Ireland NOTES TO THE ACCOUNTS Icont'd) 31 De¢ember 2025 14. DEBTORS 2025 18483 2024 13618 Gift Aid Recoverable Other debtors Prepayments 5540 5578 24023 19196 IS. CASH AT BANK AND IN HAND 2025 2024 Danske Bank Current account Danske Building account Dan5ke Mission Account Danske The Bridge accoLSnt First Trust Deposit account Danske Bank Sunday School Organisation accounts 144413 88387 24570 22693 13961 14830 14050 19663 269 263 323 938 8396 6028 205982 152802 29
an BALLYDOWN PRESBYTERIAN CHURCH a Congregation of The Presbyterian Church In Ireland NOTES TO THE Accoumfs Icont'dl 31 December 2025 16. CREDITORS: amount falllng due within one year 2025 2024 1083 1311 4347 5307 38164 35850 Other creditors Accruals Danske Bank loan 43594 42468 17. CREDITORS: amount falling due after more than one year 2025 2024 1181LK1 156265 Danske Bank loan 118100 156265 30
BALLYDOWN PRESBYfERIAN CHURCH a Congregation of The Presbyterlan Church In Ireland NOTES TO THE ACCOUNTS (cont'd) 31 December 2025 18. FUND BALANCES AND RECONCILIATION OF FUNDS Fund Balance at start Income Expend. Gains/ Losses Transfer Balance at end Unrestrlcled Funds General funds The Brldge Funds 91120 18951 211768 20835 11478851 1250301 63883 41951 126901 152313 14756 110071 232603 11729151 59688 126901 167C69 Re5trlcted Funds First Trust Dep051t Building Mlssion Danske Bank Sunday School Organisations Danske Bank Loan Ac Property fund 262 30781 17892 938 6029 11927081 1619088 70000 45929 1213961 1476471 112151 1181001 1112661 1401721 48604 117181 112151 947 1112661 401721 1471161 670 61JO 1420 47116 32269 16844 323 8396 11568581 1578916 19047 1482282 134982 11397961 148141 2690 1480158 Endowment Funds [Name of Fundl Total 1592353 367585 13127111 54874 1647227 31
BALLYDOWN PRESBYfERIAN CHURCH Congre8atlon of The Presbyterlan Church In Ireland NOTES TO THE Accoupifs {conVd) 31 Decernber 2025 19. RELATED PARTY TRANSACTION One of the Trustees, the mlnlsterof the congregatlon received remuneration of £45,030 and expenses of £7,388 for attin8 in that capacity. Pension contribution of £6,838 were paid by the congregation in respect of the minister to the Presbyterian Church in Ireland Pension Scheme12009). None of the other trustees received any remuneration. During the year the congregation contributed the following amounts to Funds of the General Assembly of the Presbyterian Church in Ireland a separate charity £13,429 for congregational assessment5 £10,350towards the United Appeal etc. The congregation contributed £1,035 towards Presbytery Assessments during the year There were no other related partytransactions. 32