SHORE STREET CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
Financial Statements for the year ended 31 December 2025
Registered Charity in Northern Ireland (NIC105199)
SHORE STREET CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY
Year ending 31 December 2025
| Year ending 31 December 2025 | ||
|---|---|---|
| Receipts Note Donations and Legacies 2 Charitable activities 3 Other trading activities 4 Investment income 5 Other 6 Sale of investments Sale of fixed assets Loans received Total Receipts Payments Raising funds 7 Charitable activities 8 Investment costs Other 9 Purchase of investments Purchase of fixed assets Loan repayments Total Payments Net receipts/(payments) Transfers between funds Revaluation of fixed assets 10 Net movement of funds Funds brought forward Funds carried forward |
Unrestricted Funds Restricted Funds Endowment Funds Total 2025 |
Total 2024 |
| £194,392 £438,583 £0 £632,975 £280 £6,194 £0 £6,474 £0 £0 £0 £0 £49 £26,638 £0 £26,687 £0 £0 £0 £0 £194,721 £471,415 £0 £666,136 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £194,721 £471,415 £0 £666,136 £430 £0 £0 £430 £164,608 £105,010 £0 £269,618 £0 £0 £0 £0 £0 £0 £0 £0 £165,038 £105,010 £0 £270,049 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £165,038 £105,010 £0 £270,049 £29,682 £366,405 £0 £396,087 -£12,390 £12,390 £0 £0 £0 £0 £0 £0 £17,292 £378,795 £0 £396,087 £1,203,068 £521,215 £0 £1,724,283 £1,220,361 £900,010 £0 £2,120,371 |
£327,236 £13,706 £0 £20,236 £0 |
|
| £361,178 | ||
| £0 £0 £0 |
||
| £0 | ||
| £361,178 | ||
| £563 £327,856 £0 £0 |
||
| £328,419 | ||
| £0 £0 £0 |
||
| £0 | ||
| £328,419 | ||
| £32,760 £0 £0 |
||
| £32,760 £1,691,524 |
||
| £1,724,283 |
Registered Charity in Northern Ireland (NIC105199)
SHORE STREET CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND BALANCE SHEET AS AT 31 DECEMBER 2025
| Funds Reconciliation Funds at start of year Net movement in funds Funds at end of year Fixed Assets > Church premises > Fixtures, Fittings, Equipment > Vehicles Current Assets Gift aid receivable on donations Prepayments Investments - Note 11 Cash at bank & in hand Creditors- amounts falling due within one year Loans Other Net Current Assets Total Assets less Current Liabilities Creditors- amounts falling due after one year Total Assets / (Liabilities) |
Unrestricted Funds £1,203,068 £17,292 |
Restricted Funds £521,215 £378,795 |
Endowment Funds £0 £0 |
Total 2025 £1,724,283 £396,087 £2,120,371 £875,000 £780 £0 £875,780 £44,996 £4,937 £76,234 £1,119,174 £1,245,341 £0 £750 £750 £1,244,591 £2,120,371 £0 £2,120,371 |
Total 2024 £1,691,524 £32,760 |
|---|---|---|---|---|---|
| £1,220,361 | £900,010 | £0 | £1,724,283 | ||
| £875,000 £780 £0 |
£0 £0 £0 |
£0 £0 £0 |
£875,000 £1,560 £0 |
||
| £875,780 | £0 | £0 | £876,560 | ||
| £19,215 £4,937 £1,936 £936,362 |
£25,780 £0 £74,298 £182,812 |
£0 £0 £0 £0 |
£33,181 £4,847 £73,834 £740,549 |
||
| £962,450 | £282,891 | £0 | £852,411 | ||
| £0 £750 |
£0 £0 |
£0 £0 |
£0 £4,688 |
||
| £750 | £0 | £0 | £4,688 | ||
| £961,700 | £282,891 | £0 | £847,723 | ||
| £1,837,480 | £282,891 | £0 | £1,724,283 | ||
| £0 | £0 | £0 | £0 | ||
| £1,837,480 | £282,891 | £0 | £1,724,283 |
Approved by the Kirk Session via correspondence on 16 June 2026 and signed on it's behalf by: -
Mr Jim Hill
Mr Nigel Montgomery
Registered Charity in Northern Ireland (NIC105199)
SHORE STREET CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025.
1. BASIS OF PREPARATION
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts.
The accounts have been prepared in accordance with the Accounting and Reporting of Charities SORP in accordance with FRS102.
Income is included in the Statement of Financial Activities (SoFA) when the church becomes entitled to the resources and the monetary value can be measured with sufficient reliability. This includes claims made under Gift Aid.
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
Tangible fixed assets are capitalised if they can be used for more than one year and the costs is deemed to be material. They are valued at cost. The property owned, comprising the Church premises and the Manse have been included at a current valuation.
2. DONATIONS AND LEGACIES
| a) Recorded giving b) Loose collections c) Donations and gifts d) Gift aid e) Legacies and bequests |
Unrestricted Funds Restricted Funds Endowment Funds Total 2025 £157,164 £345,466 £0 £502,630 £4,510 £5,633 £0 £10,142 £930 £6,225 £0 £7,155 £31,788 £81,259 £0 £113,048 £0 £0 £0 £0 £194,392 £438,583 £0 £632,975 |
Total 2024 |
|---|---|---|
| £253,224 £10,758 £8,354 £53,901 £1,000 |
||
| £327,236 |
3. CHARITABLE ACTIVITIES
| a) Income from charitable activities b) Fees from weddings and funerals c) Fundraising events d) Membership fees e) Grants Organisations income |
Unrestricted Funds Restricted Funds Endowment Funds Total 2025 £280 £35 £0 £315 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £6,159 £0 £6,159 £280 £6,194 £0 £6,474 |
Total 2024 |
|---|---|---|
| £1,507 £0 £0 £0 £0 £12,199 |
||
| £13,706 |
4. OTHER TRADING ACTIVITIES
| a) Letting of premises b) Trading income 5. INVESTMENT INCOME a) Deposit interest b) General Investment Fund c) Rents investment properties d) Other investment income |
Unrestricted Funds Restricted Funds Endowment Funds Total 2025 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 Unrestricted Funds Restricted Funds Endowment Funds Total 2025 £0 £24,238 £0 £24,238 £0 £0 £0 £0 £0 £0 £0 £0 £49 £2,400 £0 £2,449 £49 £26,638 £0 £26,687 |
Total 2024 |
|---|---|---|
| £0 £0 |
||
| £0 | ||
| Total 2024 | ||
| £17,763 £0 £0 £2,473 |
||
| £20,236 |
Registered Charity in Northern Ireland (NIC105199)
6. OTHER INCOME
| a) Insurance claims b) Other income 7. RAISING FUNDS a) FWO envelopes b) Fundraising events |
Unrestricted Funds Restricted Funds Endowment Funds Total 2025 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 Unrestricted Funds Restricted Funds Endowment Funds Total 2025 £430 £0 £0 £430 £0 £0 £0 £0 £430 £0 £0 £430 |
Total 2024 |
|---|---|---|
| £0 £0 |
||
| £0 | ||
| Total 2024 | ||
| £563 £0 |
||
| £563 |
8. CHARITABLE ACTIVITIES
| a) General Assembly Assessments b) Presbytery Fees c) Ministry and support staff costs d) Congregational running expenses e) Donations to Missions and charities f) Governance costs Organisation expenses 9. OTHER EXPENDITURE Investment properties expenses |
Unrestricted Funds Restricted Funds Endowment Funds Total 2025 £18,255 £0 £0 £18,255 £1,167 £0 £0 £1,167 £106,177 £0 £0 £106,177 £33,353 £19,118 £0 £52,471 £4,635 £80,055 £0 £84,690 £1,020 £0 £0 £1,020 £0 £5,838 £0 £5,838 £164,608 £105,010 £0 £269,618 £0 £0 £0 £0 Unrestricted Funds Restricted Funds Endowment Funds Total 2025 £0 £0 £0 £0 |
Total 2024 |
|---|---|---|
| £18,911 £1,127 £104,835 £110,583 £80,071 £906 £11,424 |
||
| £327,856 | ||
| £0 | ||
| Total 2024 | ||
| £0 |
10. FIXED ASSETS
The church property, which includes the church premises at Shore Street, Donaghadee and the manse at 1 The Trees, Donaghadee, is under the control of the congregation trustees (the Kirk Session), but is held in trust for the congregation by The Presbyterian Church in Ireland Holding Trustee Company (the holding trustees). These premises were valued in 2023 by Thomas Orr Limited and they have been included in the Balance Sheet at that valuation, accordingly no depreciation has been charged.
| Cost or Valuation At the start of year Additions Revaluations Disposals Transfers At the end of year Depreciation At the start of year Charged Impairment Disposals Transfers At the end of year Net Book Value At the start of year At the end of year |
Land & Buildings Fixtures & fittings Vehicles £875,000 £21,017 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £875,000 £21,017 £0 £0 £19,457 £0 £0 £780 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £0 £20,237 £0 £875,000 £1,560 £0 £875,000 £780 £0 |
Total |
|---|---|---|
| £896,017 £0 £0 £0 £0 |
||
| £896,017 | ||
| £19,457 £780 £0 £0 £0 |
||
| £20,237 | ||
| £876,560 | ||
| £875,780 |
Registered Charity in Northern Ireland (NIC105199)
11. INVESTMENTS
| General Investment Fund Property Other investments |
Unrestricted Funds Restricted Funds Endowment Funds Total 2025 £1,936 £0 £0 £1,936 £0 £0 £0 £0 £0 £74,298 £0 £74,298 £1,936 £74,298 £0 £76,234 |
Total 2024 |
|---|---|---|
| £2,010 £0 £71,824 |
||
| £73,834 |
12. OTHER DISCLOSURES
Fees for examination of the accounts Independent examiner's fees £660 £630 Staff costs No employee is paid more than £60,000
13. FUND BALANCES
| Fund Balance at start Receipts Payments Surplus / (Deficit) Unrestricted Funds FWO/General Fund £1,203,068 £194,721 £165,038 £29,682 Restricted Funds Repairs & Maintenance Fund £51,810 £11,828 £2,867 £8,960 New Building Fund £331,320 £303,506 £3,660 £299,846 United Appeal £0 £17,377 £15,927 £1,450 Presbyterian Orphan & Childrens Soc £573 £313 £1,635 -£1,323 Christian Aid £60 £113 £0 £113 Church History Book £986 £35 £0 £35 Ministerial Benevolent Fund £1,178 £250 £0 £250 World Development £100 £363 £463 -£100 Payroll giving - Girls Brigade £5,357 £2,880 £2,488 £392 Moderators Appeal £150 £0 £0 £0 Tear Fund £0 £300 £2,425 -£2,125 Food Store £5,136 £8,690 £9,497 -£807 Harvest Appeal £235 £66,431 £0 £66,431 Investment Funds £73,834 £2,400 £0 £2,400 Bequest Holding Fund £39,550 £0 £0 £0 Anon Gift # 1 £3,101 £0 £0 £0 Flower Fund £149 £626 £555 £71 Burundi YADA £968 £35,319 £36,792 -£1,473 Jordan £13 £0 £0 £0 Shelter UK £300 £915 £1,215 -£300 Misc - Youth £459 £89 £50 £39 Adopt a Child Living Water £0 £575 £2,075 -£1,500 Youth for Christ - Crumlin £20 £1,066 £1,936 -£870 Youth for Christ - Donaghadee £120 £751 £2,976 -£2,225 Newry Centre of Mission £0 £313 £2,338 -£2,025 Student Bursary Fund £0 £1,056 £1,056 £0 Teen Mission £0 £10,064 £11,218 -£1,154 Boys Brigade £1,475 £2,328 £2,206 £123 Girls Brigade £3,371 £3,104 £2,508 £596 Bowling Club £140 £424 £302 £122 Presbyterian Women £811 £302 £822 -£520 Total £521,215 £471,415 £105,010 £366,405 Endowment Funds £0 £0 £0 £0 Total £1,724,283 £666,136 £270,049 £396,087 |
Revaluation Transfer Balance at end |
|---|---|
| £0 -£12,390 £1,220,361 |
|
| £0 £0 £60,771 £0 £66,966 £698,131 £0 -£1,104 £345 £0 £750 £0 £0 £0 £173 £0 -£1,021 £0 £0 £0 £1,428 £0 £0 £0 £0 -£2,800 £2,949 £0 £0 £150 £0 £2,125 £0 £0 £0 £4,329 £0 -£66,666 £0 £0 £0 £76,234 £0 £0 £39,550 £0 -£1,000 £2,101 £0 £0 £220 £0 £6,590 £6,085 £0 £0 £13 £0 £0 £0 £0 £0 £498 £0 £1,500 £0 £0 £1,000 £150 £0 £2,125 £20 £0 £2,125 £100 £0 £0 £0 £0 £1,800 £646 £0 £0 £1,597 £0 £0 £3,967 £0 £0 £262 £0 £0 £291 |
|
| £0 £12,390 £900,010 |
|
| £0 £0 £0 |
|
| £0 £0 £2,120,371 |
Registered Charity in Northern Ireland (NIC105199)