## **Second Presbyterian Church Comber Statement of Financial Activities For The Year Ended 31 December 2025** |**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
Charitable activities
**4**
Investments
**5**
Other
**6**
**EXPENDITURE ON:**
Charitable activities
**7**
**NET INCOME BEFORE INVESTMENT**
**GAINS**
Net gains on investments
**NET INCOME**
Transfers between funds
**16**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**16**|**Unrestricted**
**funds**
**£**
225,501
-
3,757
4,592|**Restricted**
**funds**
**£**
67,539
126,928
113
-|**Endowment**
**funds**
**£**
10,000
-
250
-|**2025**
**Total**
**funds**
**£**
303,040
126,928
4,120
4,592|**2024**
**Total**
**funds**
**£**
289,290
54,309
4,088
27| |---|---|---|---|---|---| ||233,850|194,580|10,250|438,680|347,714| ||(224,671)|(126,850)|-|(351,521)|(330,500)| ||9,180
12,012|67,729
-|10,250
-|87,159
12,012|17,214
1,448| ||21,192
57,860|67,729
(47,610)|10,250
(10,250)|99,171
-|18,662
-| ||79,052
273,248|20,119
62,400|-
8,500|99,171
344,148|18,662
325,486| ||352,300|82,519|8,500|443,319|344,148| The notes on pages 12 to 20 form part of these financial statements. Page 9 ## **Second Presbyterian Church Comber Comparative Statement of Financial Activities For The Year Ended 31 December 2025** |**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
Charitable activities
**4**
Investments
**5**
Other
**6**
**EXPENDITURE ON:**
Charitable activities
**7**
**NET INCOME BEFORE INVESTMENT GAINS**
Net gains on investments
**NET INCOME**
Transfers between funds
**16**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**16**|**Unrestricted**
**funds**
**£**
201,342
-
3,838
27|**Restricted**
**funds**
**£**
87,948
54,309
-
-|**Endowment**
**funds**
**£**
-
-
250
-|**2024**
**Total**
**funds**
**£**
289,290
54,309
4,088
27| |---|---|---|---|---| ||205,207|142,257|250|347,714| ||(222,096)|(108,404)|-|(330,500)| ||(16,889)
1,448|33,853
-|250
-|17,214
1,448| ||(15,441)
37,501|33,853
(37,251)|250
(250)|18,662
-| ||22,060
251,188|(3,398)
65,798|-
8,500|18,662
325,486| ||273,248|62,400|8,500|344,148| The notes on pages 12 to 20 form part of these financial statements. Page 10 ## **Second Presbyterian Church Comber Statement of Financial Position As At 31 December 2025** |**Notes**
**FIXED ASSETS**
Tangible Assets
**10**
Investments
**11**
**CURRENT ASSETS**
Debtors
**12**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within**
**One Year**
**13**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**Creditors: Amounts Falling Due After**
**More Than One Year**
**14**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Endowment Funds
Restricted Funds
Unrestricted Funds
**TOTAL FUNDS**
**16**|**Unrestricted**
**funds**
**£**
155,528
131,954|**Restricted**
**funds**
**£**
-
-|**Endowment**
**funds**
**£**
-
8,500|**2025**
**Total**
**funds**
**£**
155,528
140,454|**2024**
**Total**
**funds**
**£**
167,895
127,942| |---|---|---|---|---|---| ||287,482
51,902
37,726|-
-
82,519|8,500
-
-|295,982
51,902
120,245|295,837
19,579
117,078| ||89,628
(16,789)|82,519
-|-
-|172,147
(16,789)|136,657
(17,358)| ||72,839|82,519|-|155,358|119,299| ||360,321|82,519|8,500|451,340|415,136| ||(8,021)|-|-|(8,021)|(70,988)| ||352,300|82,519|8,500|443,319|344,148| |||||8,500
82,519
352,300|8,500
62,400
273,248| |||||443,319|344,148| On behalf of the board ## Mary McIlveen Mary McIlveen Trustee Date ## 22 Jun 2026 The notes on pages 12 to 20 form part of these financial statements. Page 11 ## **Second Presbyterian Church Comber Notes to the Financial Statements For The Year Ended 31 December 2025** ## 1. **General Information** Second Presbyterian Church Comber is an unincorporated charity registered with the Charity Commission for Northern Ireland, registered charity number 105165. The principal address is 5 Killinchy Street, Comber, BT23 5AP. ## 2. **Accounting Policies** ## 2.1. **Basis of Preparation of Financial Statements** The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: 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) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011. The charity is a Public Benefit Entity as defined by FRS 102. The financial statements are presented in sterling which is the functional currency of the Charity and rounded to the nearest £. ## 2.2. **Going Concern Disclosure** The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern. ## 2.3. **Fund Accounting** Unrestricted funds are available for use at the discretion of the Trustees. In furtherance of the general objectives of the Charity and which have not been designated for other purposes. Restricted funds are which are to be used in accordance with specific restrictions imposed by the donors of which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes of the financial statements. Endowment funds represent those assets which must be held permanently by the charity, principally the D Edgar, M Smyth and P Ritchie endowment funds. Income arising on the endowment funds can be used in accordance with the objects of the charity and is included as unrestricted income. Any capital gains or losses arising on the investments form part of the fund, investment management charges and legal advices relating to the fund are charged against the fund. ## 2.4. **Incoming Resources** All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received. For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this required a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled. Donated facilities and donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably and the charity has control over the item. Fair value is determined on the basis of the value of the gift to the charity. For example, the amount the charity would be willing to pay in the open market for such facilities and services. A corresponding amount is recognised in expenditure. No amount is included in the financial statements for volunteer time in line with the SORP. Further details is given in the Trustees' Report. For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received. At this point income is recognised. On occasion legacies will be notified to the charity however it is not possible to measure the amount expected to be distributed. On these occasions, the legacy is treated as a contingent asset and disclosed. ...CONTINUED Page 12 ## **Second Presbyterian Church Comber Notes to the Financial Statements (continued) For The Year Ended 31 December 2025** ## 2.4. **Incoming Resources - continued** Income from trading activities includes income earned from fundraising events and trading activities to raise funds for the charity. Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred. Investment income is earned through holding assets for investment purposes such as shares. It includes dividends and interest. Where it is not practicable to identify investment management costs incurred within a scheme with reasonable accuracy, the investment income is reported net of these costs. It is included when the amount can be measured reliably. Interest income is recognised using the effective interest method and dividend and rent income is recognised as the charity's right to receive payment is established. Other income includes the conversion of endowment funds into income with arises when capital funds are released to an income fund from expendable endowments or when a charity has authority to adopt a total return approach to its permanent endowment fund. ## 2.5. **Resources Expended** All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties. It is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under Expenditure on Charitable Activities which includes: - General Assembly Assessments Presbytery fees Ministry and support staff costs Congregational running expenses Wages and salaries Donations to Missions and Charities Governance costs Repairs and maintenance account expenses Organisation account expenses Irrecoverable VAT is charged as an expense against the activity for which expenditure arose. ## 2.6. **Tangible Fixed Assets and Depreciation** Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Leasehold 6.67% Straight line ## 2.7. **Investments** Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value with changes recognised in "net gains/(losses) on investments" in SOFA if the shares are publicly traded or their fair value can otherwise be measured reliably. ## 2.8. **Cash and Cash Equivalents** Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts. ## 2.9. **Financial Instruments** The congregation has elected to apply the provisions of Section 11 "Basic Financial Instruments" and Section 12 "Other Financial Instruments Issues" of FRS 102 to all its financial instruments. Financial instruments are recognised in the congregation's balance sheet when the congregation becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. ## **Basic financial assets** Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. ## **Basic financial liabilities** ...CONTINUED Page 13 ## **Second Presbyterian Church Comber Notes to the Financial Statements (continued) For The Year Ended 31 December 2025** ## 2.9. **Financial Instruments - continued** Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are initially recognised at transaction price and subsequently measured at amortised cost using the effective interest method. ## 2.10. **Taxation** The charity is exempt from tax as all its income is charitable and applied for charitable purposes. ## 2.11. **Employee Benefits** When employees have rendered services to the charity, short-term employee benefits to which the employees are entitled are recognised at an undiscounted amount expected to be paid in exchange for those services. The charity operates a pension plan for the benefit of its employees. Contributions are expensed as they become payable. ## 3. **Income from Donations and Legacies** |||||**2025**|**2024**| |---|---|---|---|---|---| ||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Total**| ||**funds**|**funds**|**funds**|**funds**|**funds**| ||**£**|**£**|**£**|**£**|**£**| |Donations and gifts|225,501|67,539|10,000|303,040|289,290| ## 4. **Income from Charitable Activities** |Charitable Activities
5.
**Investment Income**|**2025**
**Restricted**
**funds**
**£**
126,928|**2024**
**Total**
**funds**
**£**
54,309| |---|---|---| |||| |Bank interest receivable
Interest from investments|**Unrestricted**
**funds**
**£**
-
3,757|**Restricted**
**funds**
**£**
113
-|**Endowment**
**funds**
**£**
-
250|**2025**
**Total**
**funds**
**£**
113
4,007|**2024**
**Total**
**funds**
**£**
204
3,884| |---|---|---|---|---|---| ||3,757|113|250|4,120|4,088| ## 6. **Other Income** Other income |**2025**|**2024**| |---|---| |**Unrestricted**|**Total funds**| |**funds**|| |**£**|**£**| |4,592|27| Page 14 **Second Presbyterian Church Comber Notes to the Financial Statements (continued) For The Year Ended 31 December 2025** ## 7. **Analysis of Expenditure** |Presbytery Fees
Congregational Running Expenses
Donations to Missions and Charities
Wages and Salaries
Repairs and Maintenance Expenses
Organisational Expenses
Depreciation
Interest
Governance Costs|**Activities**
**undertaken**
**directly**
**£**
1,173
90,578
30,436
109,917
17,871
75,468
12,367
5,265
-|**Support**
**costs**
**£**
-
-
-
-
-
-
-
356
8,090|**2025**
**Total**
**£**
1,173
90,578
30,436
109,917
17,871
75,468
12,367
5,621
8,090| |---|---|---|---| ||343,075|8,446|351,521| |General Assembly Assessments
Presbytery Fees
Congregational Running Expenses
Donations to Missions and Charities
Presentations
Wages and Salaries
Repairs and Maintenance Expenses
Organisational Expenses
Depreciation
Interest
Governance Costs
8.
**Staff Costs**
Staff costs were as follows:
Wages and salaries|**Activities**
**undertaken**
**directly**
**£**
14,000
1,117
77,930
40,018
400
105,961
26,053
41,149
12,367
7,875
-|**Support**
**costs**
**£**
-
-
-
-
-
-
-
-
-
-
3,630|**2024**
**Total**
**£**
14,000
1,117
77,930
40,018
400
105,961
26,053
41,149
12,367
7,875
3,630| |---|---|---|---| ||326,870|3,630|330,500| |||**2025**
**£**
109,917|**2024**
**£**
105,961| No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000. ## 9. **Average Number of Employees** Average number of employees during the year was: 3 (2024: 3) Page 15 **Second Presbyterian Church Comber Notes to the Financial Statements (continued) For The Year Ended 31 December 2025** ## 10. **Tangible Assets** |**Cost**
As at 1 January 2025
As at 31 December 2025
**Depreciation**
As at 1 January 2025
Provided during the period
As at 31 December 2025
**Net Book Value**
As at 31 December 2025
As at 1 January 2025
11.
**Investments**
**Cost or Valuation**
As at 1 January 2025
Revaluations
As at 31 December 2025
**Provision**
As at 1 January 2025
As at 31 December 2025
**Net Book Value**
As at 31 December 2025
As at 1 January 2025
12.
**Debtors**
**2025**
**£**
**Due within one year**
Other debtors
51,902|**Land &**
**Property**
**Leasehold**
**£**
185,415| |---|---| ||185,415| ||17,520
12,367| ||29,887| ||155,528| ||167,895| ||**Listed**
**£**
127,942
12,512| ||140,454| ||-| ||-| ||140,454| ||127,942| ||**2024**
**£**
19,579| Page 16 ## **Second Presbyterian Church Comber Notes to the Financial Statements (continued) For The Year Ended 31 December 2025** ## 13. **Creditors: Amounts Falling Due Within One Year** |Bank loans and overdrafts
Taxation and social security
Accruals and deferred income
14.
**Creditors: Amounts Falling Due After More Than One Year**
Bank loans
15.
**Loans**
An analysis of the maturity of loans is given below:
Amounts falling due within one year or on demand:
Bank loans
Amounts falling due between one and five years:
Bank loans
16.
**Movement in Funds**
**As at 1**
**January**
**2025**
**Income**
**£**
**£**
**Unrestricted funds**
General:
General unrestricted fund
149,968
233,850
Designated:
Investments
123,280
-
**Total unrestricted funds**
273,248
233,850
**Restricted funds**
Renovation Fund
2,689
23,334
Manse Fund
1,079
44,218
United Appeal
-
17,340
Christian Aid
-
1,808
Presbyterian Children's Society
-
3,439
World Development Appeal
-
1,188
Warm Space
280
1,000
UDR Benevolent Fund
-
735|Bank loans and overdrafts
Taxation and social security
Accruals and deferred income
14.
**Creditors: Amounts Falling Due After More Than One Year**
Bank loans
15.
**Loans**
An analysis of the maturity of loans is given below:
Amounts falling due within one year or on demand:
Bank loans
Amounts falling due between one and five years:
Bank loans
16.
**Movement in Funds**
**As at 1**
**January**
**2025**
**Income**
**£**
**£**
**Unrestricted funds**
General:
General unrestricted fund
149,968
233,850
Designated:
Investments
123,280
-
**Total unrestricted funds**
273,248
233,850
**Restricted funds**
Renovation Fund
2,689
23,334
Manse Fund
1,079
44,218
United Appeal
-
17,340
Christian Aid
-
1,808
Presbyterian Children's Society
-
3,439
World Development Appeal
-
1,188
Warm Space
280
1,000
UDR Benevolent Fund
-
735|Bank loans and overdrafts
Taxation and social security
Accruals and deferred income
14.
**Creditors: Amounts Falling Due After More Than One Year**
Bank loans
15.
**Loans**
An analysis of the maturity of loans is given below:
Amounts falling due within one year or on demand:
Bank loans
Amounts falling due between one and five years:
Bank loans
16.
**Movement in Funds**
**As at 1**
**January**
**2025**
**Income**
**£**
**£**
**Unrestricted funds**
General:
General unrestricted fund
149,968
233,850
Designated:
Investments
123,280
-
**Total unrestricted funds**
273,248
233,850
**Restricted funds**
Renovation Fund
2,689
23,334
Manse Fund
1,079
44,218
United Appeal
-
17,340
Christian Aid
-
1,808
Presbyterian Children's Society
-
3,439
World Development Appeal
-
1,188
Warm Space
280
1,000
UDR Benevolent Fund
-
735|**Expenditure**
**£**
(224,670)
12,012||**2025**
**£**
9,015
389
7,385
16,789
**2025**
**£**
8,021
**2025**
**£**
9,015
**2025**
**£**
8,021
**Transfers**
**£**
57,360
500|**2024**
**£**
3,565
-
13,793
17,358
**2024**
**£**
70,988
**2024**
**£**
3,565
**2024**
**£**
70,988
**As at 31**
**December**
**2025**
**£**
216,508
135,792
352,300
10,717
3,799
-
-
-
124
490
619
...CONTINUED| |---|---|---|---|---|---|---| |||||||| |||||||| |||||||| |||||||| ||273,248|233,850|(212,658)||57,860|| ||2,689
1,079
-
-
-
-
280
-|23,334
44,218
17,340
1,808
3,439
1,188
1,000
735|(15,305)
(5,288)
(20,160)
(2,808)
(3,439)
(1,064)
(190)
(116)||(1)
(36,210)
2,820
1,000
-
-
(600)
-|| Page 17 ## **Second Presbyterian Church Comber Notes to the Financial Statements (continued) For The Year Ended 31 December 2025** |Tots & Co
Monday Night Bowls
Table Tennis Club
Drama Club
Bible Study
Shine (HBC + Crossfire)
Youth Club
World Development Club
Saturday Night Bowls
GB Explorers
GB
BB
Sunday School Project
Coffee Bar
Youth Council
Catering Corps
Presbyterian Woman
Mission
M Smyth
Recife
Moderator's Appeal Fund
Special Appeals - Stand By Me
Turkey Syria Appeal
Student Bursary
**Total restricted funds**
**Endowment funds**
Permanent:
D Edgar Bequest
M Smyth Bequest
P Ritchie Memorial
Haire Bequest
**Total endowment funds**
**Total funds**
**Unrestricted funds**
General:
General unrestricted fund
Designated:|1,574
563
753
2,410
651
75
840
5,906
56
7,496
6,036
13,621
169
55
7
9,968
2,370
924
3,000
1,878
-
-
-
-|4,865
711
438
7,807
853
-
37
2,000
2,500
4,449
5,253
11,124
-
-
-
7,440
1,936
345
-
50,553
54
1,096
38
19|(4,661)
(588)
(450)
(4,613)
(1,254)
(1,444)
-
-
(600)
(3,679)
(4,965)
(11,308)
-
-
(7)
(1,158)
(1,835)
-
-
(40,712)
(54)
(1,096)
(38)
(19)|(700)
(200)
(100)
-
(200)
1,444
(877)
(6,250)
(1,950)
(298)
3,298
1,112
(169)
(55)
-
(14,000)
(200)
-
(3,000)
7,526
-
-
-
-|1,078
486
641
5,604
50
75
-
1,656
6
7,968
9,622
14,549
-
-
-
2,250
2,271
1,269
-
19,245
-
-
-
-
82,519
1,500
5,000
2,000
-
8,500
443,319
**As at 31**
**December**
**2024**
**£**
149,968
...CONTINUED| |---|---|---|---|---|---| ||62,400|194,580|(126,851)|(47,610)|| ||1,500
5,000
2,000
-|40
150
60
10,000|-
-
-
-|(40)
(150)
(60)
(10,000)|| ||8,500|10,250|-|(10,250)|| ||||||| ||344,148|438,680|(339,509)|-|| ||**As at 1**
**January**
**2024**
**£**
133,194|**Income**
**£**
201,369|**Expenditure**
**£**
(222,096)|**Transfers**
**£**
37,501|| Page 18 ## **Second Presbyterian Church Comber Notes to the Financial Statements (continued) For The Year Ended 31 December 2025** |Investments
**Total unrestricted funds**
**Restricted funds**
Renovation Fund
Manse Fund
United Appeal
Christian Aid
Presbyterian Children's Society
World Development Appeal
Warm Space
UDR Benevolent Fund
Tots & Co
Monday Night Bowls
Table Tennis Club
Drama Club
Bible Study
Shine (HBC + Crossfire)
Youth Club
World Development Club
Saturday Night Bowls
GB Explorers
GB
BB
Sunday School Project
Coffee Bar
Youth Council
Catering Corps
Special Sunday School
Presbyterian Woman
Mission
M Smyth
Recife
**Total restricted funds**
**Endowment funds**
Permanent:
D Edgar Bequest
M Smyth Bequest
P Ritchie Memorial
**Total endowment funds**
**Total funds**|117,994|3,838|1,448|-|123,280| |---|---|---|---|---|---| ||251,188|205,207|(220,648)|37,501|273,248| ||6,091
-
-
-
-
-
-
-
1,621
712
749
443
969
75
840
2,406
1,143
7,149
3,149
12,222
169
129
7
9,620
172
542
290
17,300
-|21,351
36,235
19,266
2,286
3,490
1,026
500
619
4,490
808
204
7,688
616
-
-
4,000
1,810
3,729
6,245
12,969
-
847
-
6,450
-
3,401
607
-
3,620|(24,753)
(8,799)
(20,403)
(2,286)
(1,026)
(3,490)
(220)
(619)
(4,137)
(757)
-
(5,171)
(532)
-
-
(2,500)
(597)
(2,810)
(3,627)
(20,672)
-
(171)
-
(1,102)
(172)
(1,573)
(987)
-
(2,000)|-
(26,357)
1,137
-
-
-
-
-
(400)
(200)
(200)
(550)
(402)
-
-
2,000
(2,300)
(572)
269
9,102
-
(750)
-
(5,000)
-
-
1,014
(14,300)
258|2,689
1,079
-
-
2,464
(2,464)
280
-
1,574
563
753
2,410
651
75
840
5,906
56
7,496
6,036
13,621
169
55
7
9,968
-
2,370
924
3,000
1,878| ||65,798|142,257|(108,404)|(37,251)|62,400| ||1,500
5,000
2,000|40
150
60|-
-
-|(40)
(150)
(60)|1,500
5,000
2,000| ||8,500|250|-|(250)|8,500| ||||||| ||325,486|347,714|(329,052)|-|344,148| Page 19 ## **Second Presbyterian Church Comber Notes to the Financial Statements (continued) For The Year Ended 31 December 2025** Restricted funds of the congregation include restricted organisational funds held by the following organisations:Tots & Co, Monday Night Bowls, Table Tennis Club, Drama Club, Bible Study, Shine, Youth Club, World Development Group, Saturday Night Bowls, GB Explorers, GB, BB, Coffee Bar, Youth Council, Catering Corps, Special Sunday School and Presbyterian Women. The monies received in relation to these organisations is restricted as the funds may only be spent only on activities of the organisation. Restricted congregational property funds include those held in the Renovation Fund and the Manse Fund. The monies received into these funds are restricted by the condition that they must be spent on repairs, maintenance, renovation of the congregational property and payment of the bank loan. Donors to the funds expect this condition to be satisfied. Restricted congregational missions and charities funds include the following: United Appeal, Christian Aid, Presbyterian Children's Society, World Development Appeal, Sunday School Project, UDR Benevolent Fund, and Warm Space. Monies received into these funds are restricted by the condition that donors expect the funds to be spent only on these missions and charities. A gift was received from Mr J Smyth. The monies are to be allocated to the following activities the BB, the choir and the World Development Group ## 17. **Related Party Disclosures** There have been no related party transactions in the reporting period that require disclosure. Page 20