REGISTERED CHARITY NUMBER: 1115242 tees and Financial Statements for the Y¢ir Ended 31 December 202 for First ginffi eriaR Church R Savage & Company Aecountants & Taxation CoJ]sultAnt5 Old Bank House 2 Crossgar Road Saintfield Ball?ah1ThCh Co. Down BT24 7BD
aintfield Pre5 eri4 ontents of the Finant121 taternents for the Year Ended 31 December 2025 Page Report of the Tru5tee5 Independent Examiner'5 Report StaterneTht of FlnAntlal Attivitie5 Balance Sbeet Notes to the Financial state¢t5 5 10 11 Detailed Stgtement ofFinancial Aedvlrfe5 12 to 13
First Saintfield Pres t¢rl4n Churtll ort the Tru5tee$ for the Year Ended 31 December 202 The trustees present their report with th¢ financial statem¢TJts of the charity for the year ended 31 December 2025. The tnL8lees have adopted ihe provisions of Accounling and Reporting by Chatities.. Siatement of Recommended Pr&ctiee applicable to charities preparing their accowils in accordance witb the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 leffeclive l January 20191. STRucfuR4 COVERNANCE AND MANAGEMENT Governlng doeumtnt The charity is controlled by ils governing document, a deed of trust and constiMi¢S an uoin¢otporated chartty. REFERENCE AND ADMINJsfRATJVE DETAILS Registtred Charity number 105242 PrincRpal addre$$ 21 Main Street Saintfield Co. Down Bf24 7AA Trustee5 P Jackson D Mccallion K Glover l Taylor L Fleming J N Mcmordie J A M¢Briar G MacKenzie D W Robin50n M McBriar Rev S L Bostock Independent Examiner R Savage and Co Ltd R sage & Company Accountsnts & Toxaiion Consultsnts Old BaT)k House 2 Cros58ar Road Saintfield Ballynahinch Co. Down BT24 7BD Approved by order of the board of trustees on ................- . and Sign on its behalf by: Rev S L Bostock- Trustee Page
Inde endent Exarniller s R¢ t t the Trustees o First SaIrtl Id Pre b terian Chur IndependeDt ¢xaminer'5 report to the trustees of First sain1¢1 Presbyterian Chur¢h I report to the charity tTU5tecs on Tny examination of th¢ arxounts of Firsi SainrfJ¢ld Presbyterian Church (the Trust) for the year ended 31 December 2025. Rtspon$ibllltl¢s and b2$ts of report As the charity trustees of the Trust you are responsible for the PTepat3tion of thc accounts in accordance with the requirem¢nis of the Charities Act 2011 I'tlie Act,). I report In Tespe¢t of my examination of the Trust's a¢¢ounts carried out under Section 145 ofthe Act and in carrying oul my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(bl of the Act. Indepertdent examiner's $tstement Since your chariry's gross incom¢ exceeded £250,000 your exarnitr tnust be a member of a listed body. I caJJ confim) that l arn qualified to undertak¢ th¢ examination because l #m a member of the Institute of FiTwi¢Jal Ac¢ountants, which is one of the listed bo(tie5. I have completed my examination. I confim? that no material matters have Come to my attention in contlettion with the examination glving me cause to bclieve that in any material respe¢t.' accounting COrdS were not kept in respect of the Tnt as required by Section 130 of the Act; or the account.8 do not accord with those records,. or the accounts do not comply with the appli¢&ble requirements ¢onceming the form alld content of accout)ts set out in the Chl¢leS (A¢¢ounts and Reports) Regulations 2(108 other than any requjrement that the accounts give a true and fair view which is noi a matter considered as part of an independent examination. I have no concern5 and have come aeross no other matters in connection with the examination to which attelltion should be drawm in this report in order to enable a proper und¢tstsndin& of the accounts to be reached. R Savage and Co Ltd The Institute tsf Financial Accounlanls R Savagc & Company Accountsnts & Taxation Consultsnts Old Bank House 2 Crossgar Road Saintfield Ballynahinch Co. Down Bf24 7BD Date.. Page 2
First Saintfield Presb teriath Cbur¢ Statement of Financial Acttte$ r Ended 31 Dccernber 2f125 31.12.25 Total fvnds 31.12.24 Total nds Ut)r¢stricted fund Restricted Notes INCOME AND ENDOWENTs FROM Donations and legaties 152,756 83,235 235.991 229,806 Charitsble activities General 2,299 2,299 6,640 OtheF trading activities InvestnHIt income 55.044 23,198 55,044 25,363 53,402 20,038 2,165 Total 154,921 l63,776 318.697 309,886 EXPENDITURE ON Raising fund5 62,097 62.097 54,488 Charlt#blt activitle5 G¢neral United Appeal Mission 156,970 16,248 11.839 59.120 173.218 11.839 59,120 175.425 10,964 43.471 Total 156,970 149.304 306,274 284.348 Tr4ET INCOMEI(EXPENDITURE) Transfers beiween funds 12.049) 2,4( 14,472 12,405) 12.423 25,538 io Net movement in fund$ 357 12.067 12,424 25.538 RECONCILIATION OF Fuf4DS Total fund5 brought fotward 109,586 611.759 721,345 695.807 TOTAL FUNDS CARRIED FORWARD 109,943 623,826 733,769 721.345 The notes forni part of these financial Statements Page 3
First Sainffield Presb tcrian C Bal#nee Sheet em r 2025 31.12.25 Total fuiid5 31.12.24 Totsl funds Unrestticted Restricted funds Notes FIXED ASSETS Tanglble assets 3.651 31.535 35,186 35.186 CURRENT ASSETS rnvcstments Cash at bank 61,300 530,991 61,300 637,283 61,3 624.860 106.292 106,292 592,291 698,583 686,160 CREDITORS Amounts falling due within one year NET CURRENT ASSETS 106,292 592,291 698.583 686,159 TOTAL ASSETS LESS CURRENT LIABILITIES 109,943 623.826 733,769 721,345 NET ASSETS 109,943 623,826 733,769 721.345 10 UnTe5tricted funds Restricted fifftds 109,943 623,826 109,586 611.759 T(YfAL FUNDS 733.769 721,345 The f]nancial statement5 were approved by the Board of Trustees and authori5ed for issue . and w¢r¢ signed on its behalf by.. S L Bostock- Tmstee The not¢5 fomi port of these financial statements Page 4
First Sainff*ld Pre5b eriaD Church Notes to tILe Financial Ststements Ended 31 Deeernbtr 2025 ACCOUNfiNG POLICIES B2sls of pr¢parlng the fin¢141 statements The financial 51atemeiits of tlie charity, which is a public benefit enlity under FRS 102. have been prepared in accordance with the Charities SORP IFRS 102) 'Accountiiig and Reportin8 by Charities.. Sratemeni of Re¢oTnmend¢d Practice applicable to charities preparing their accounts in actord2nce with the Financial Reporting Standard applicable in the UK and Republic of Iieland IFRS 1021 (effective l January 20191,, Financial Repojting Stsndard 102 'The Financial Reporting Standard applicable in the UK and Rcpublic of Jreland, and the Charitaes Aet 2011. Th¢ financial siatements have been prepared under the hi5toricèl cost convention. Income All income is recog5 in the Statement of Financial A¢tivities 0]¢ the charity has entitlement to the funds, it is probable that the itJ¢om¢ will be Te¢eived and the amount can be measured reliably. Expenditure Liabilili¢s are reeognised a5 cxpcnditure as soott as there is a legal OT constructive obligation committing the charity to that expenditure, it is probable that a transftr of economic benefits will be required in ttlement and the amowii of th¢ obligaiion can be measured reliably. Expenditure is a¢¢iiunied foT on an accruals basis and has been classified under hffadings that aggregate all cost related to the category. Where costs Cannot be directly atttibuted io particular headings they have been allo¢ated 10 act5vitie5 on a basis consistent with the use of resources. Grants offered subject to conditions whi¢h have not been tnet at the year end date are tted as a ¢ommittnent but not aCced as ¢xpendiNre. Tangible fixed assets Depre¢iaiivn is provided at the following annual rates in order to write off each wet ov¢r its estimated useful lifr. TAxatio The charity 15 exempt from tax on its tharitable actlVLtLeS. Fund Accounting Unrestricted fithds can be used in aceordance with the ¢harilable objtIveS at the discretion of the trustees. Restricted thnds only be used for particular restricted purposes within the objects of the Charity. Restrittions arise when specified by the donor or when fimds aTe rais for particular restricted purposes. Further explanation of the nature and Purpose of each filnd is included in the noies io the financial statements. Hire purtha$e and l¢as5ng eommitmeNts Rentals paid under operating leases ar¢ Charged to the Staternent of Financial Activities on a straight line basis over the p¢ri¢xl of the lease. Pension costs and other post-retirement benefits The charity operates a defm¢d contribution pension scheme. Contribution5 payable to ihe chaTtty5 pension scheme are ch¥ged io the StateEnent of Financial Activities in th¢ period to which they relate. Page 5 ¢ontinued...
First Saintficld Presb hurcb Note5 to the Finlntial Stat ntinued fort LLLLnded 31 December 2025 OTHER TIi4DING ACTIVITIES 31.12.25 31.12.24 Shop income 55.044 53,402 JNVESTMENT INCOME 31.12.25 31.12.24 Rents rcccived Deposit account int¢rest 19,363 20.034 25,363 20,038 RAISING FUNDS Investment managemeTht costs 31.12.25 31.12.24 Propcrty rcpairs 37,108 26.945 TRUSTEES, REMUNERATION AND BENEF113 iete were tjo Injstees. remuneration or other nefIts for the year ended 31 December 2025 nor for the year ended 31 Decembcr 2024. Trustees, expenses There were no tn]stees' expenses paid for the year ended 31 December 2025 nor for the year cnded 31 December 2024. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fifftd Restri¢ted nds Total funds INCOME AND ENDOWMENTS FROM Donations #nd legacies 140297 89J09 229,806 Charitable attivitles General 6,640 6.640 Other trading activities InvesttneE)t in¢ome 53,402 20.034 53,402 20,038 Total 140,301 169,585 309,886 EXPENDITURE ON Raising ndS 3.268 51,220 54.488 Charltable &ctivitl¢s General United Appeal Mis5iOll 155,360 20,065 10,964 43,471 175,425 10,964 43,471 Total 158,628 125,720 284,348 Page 6 continued...
First Sainffield Presb Notes to the Financial Statement - conttnued ar Ettded 31 Decernber 202 COMPARATIVES FOR THE STATEMEZ+lT OF FINANCIAL ACTtvrriES- continued Unrestricted Restricted fi]nd fimd5 Total funds LYET ILYCOMEIIEXPENDITUREI TrAnsfers between funds {18,327) 1,442 43,865 {1,4421 25,538 Net movement ill funds (16.885} 42,423 25,538 RECONCILLATIOIY OF FUNDS Total fijnds biou¥ht forward 126,471 569,336 695.807 TOTAL FUNDS CARRtED FORWARD 109,586 611,759 721,345 TANGIBLE FIXED ASSETS Fixtures and fittings Plant and ]nacbillery Computer equipment TorA]s COST At l January 2025 and 31 December 2025 31,535 1.254 2J97 35.186 NET BOOK VALUE At 31 December 2025 31,535 1,254 2.397 35,186 At 31 December 2024 31,535 .254 2.397 35.186 CURRENT ASSET INVESTMENTS 31.12.25 31.12.24 Other 61.300 61,300 CBIDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.25 31.12.24 Trade cseditOTS Page 7 contitiued...
First Saintfield Presb ian Church tes to the Fin#nei81 Stat ts- continued for the Y ed 31 December 2025 io. MOVEMENT IN Fuf4DS Net rnovcment in funds Transfer5 behveen fund5 At 31.12.25 At 1.1.25 Unrestricted funds Genetal fund 109,586 12,0491 2,406 109,943 Restriettd fund$ Renovation Fund General Mission Futtd Benevolent Fund Bequest ]nvestm¢nts Organi5ational Funds Sundry collections 108,549 41,267 3.089 81,486 342,885 34.483 8,415 12,574) 7,281 5.912 124,245 44,605 2,970 82,479 340.254 29,273 (1,638) 15,394 (5281) 2,631 118,025) 71 275 (275} 611,759 14,472 {2,405} 623.826 TOTAL FUNDS 721,345 12.423 733,769 Net moytment in funds. included in the above aTC as follows.. Incoming resources Resources ¢xpended Mov¢ment in funds Unrestricted fund5 General fund 154,921 (156,9701 {2.049) Re$tri¢ted fund5 Renovation Fund United Appeal General Mi55ion Fund Benevolent Fund Bequest Inv¢slments Or8anisational Funds Sundry ¢ollections 54,845 11,839 66,541 2,509 890 15,910 10,967 146,430) 111,8391 169,115) 12,6281 (2,528) 15161 116.2481 8,415 (2,574) (119) (1,638) 15.394 (5,281) 275 275 163,776 {149,3041 14.472 TOTAL FUNDS 318.697 (306,274) 12,423 Page 8 continued...
First Sainffield Presb erian Church Notes to the Financial Statements- tontinued de De¢emb¢r 202 io. MOVEMENT IN FUNDS- eobtlllued Comparatives for movement in funds Net movem¢nt in fLd5 Transfers between funds At 31.12.24 A¢ 1.1.24 Unrestricted funds General fund 126,471 118,3271 1.442 109.586 Restricted funds Renovation Fund United Appeal General Mission Fund Benevolent Fund Bequest Inv¢stmenls OrganL5ational Funds Ukrainian Family Suppon 82.982 17,578 139) 12,503 180) 634 10,907 (2,962) (676) 7,989 39 607 108,549 28,157 3,169 80.956 336,460 37211 401 41,267 3,089 81,486 342,885 34,483 (1041 (10.4821 234 275 569.336 43,865 (1,4421 611,759 TOTAL FUNDS 695.807 25,538 721,345 Comparative net movement in fvllds. included in the aFK>ve ar¢ as follows: Incoming rt50urces Resources ¢xpended Movement in fimds Unrestricted ndS General fimd 140,301 (158.6281 (18,327} Restricted fuDd$ Renovation Fund United Appeal GeneTal Mi55ion Fund Benevolent Fund Bequest Investments Organi5ational Fund5 Ukrainian Family Support 56.048 10,925 65594 330 2.529 17,475 15.860 824 {38.470) {10.964) (53,091) (410) 11.895) (568} (18,8221 (1.5001 17.578 {39) 12,503 180) 634 16,907 (2.9621 16761 169,585 (125.7201 43.865 TOTAL FUNDS 309,886 (284.348) 25,538 Page 9 continued...
First Sainle1d Presb erian Chur¢ N tes to the Financial Ststemtrtts- conti for the Year Ended 31 r202 io. MOVEMENT IN FitNDS- continued A ¢en1 year 12 monihs and prioryear 12 nntknS combined position Is as follows.. Net movement in funds Transfers between funds At 31.12.25 At 1.1.24 Unrestricted fund$ General fund 126,471 120,376) 3,848 109,943 Restricted fund$ lienovation Fund United Appeal General Mission Fund Benevoletht Fund Bequest Investments Or8ani5ational Funds Ukrninian Family Support Sundry collectiotlS 82,982 25.993 {39} 9,929 1199) {1.004} 32,301 {8.243) 1676) 15,270 39 6,519 124.245 28,157 3,169 80,956 336,460 37211 401 44,605 2,970 82.479 340,254 29,273 2,527 128.507) 305 275 275 (275) 569J36 58,337 (3,847) 623.826 TOTAL FUNDS 695,807 37.961 733,769 A current year 12 months and prior year 12 months cornbilled movem¢nt in fids, included in the above are as follows-. Incoming tesoutces Re50urce5 expended Movement lli fulld5 Unrestricted funds General fund 295,222 {315,598) (20,3761 Restricted fvnd5 Renovation Fund United Appeal General Mission Fund Benevolent Fund Bequest ]nvestsnents Organisational Funds Ukrainian Family Support Sundry collections 110,893 22,764 132,135 2,839 3.419 33,385 26.827 824 (84.900) (22,803) 11222061 13,038) 14,4231 11,084) {35,070) 11500) 25.993 (391 9.929 11991 11.0041 32,301 18.243) (676} 275 275 333.361 (275,0241 58,337 TOTAL FUNDS 628,583 (590.6221 37,961 Page 10 continued...
Flrst Sainffield Presb eriaD Church otes to the Financial Statemen15- continued for the Year Ende em r 2025 ii. RELATED PARTY DISCLOSURES There were no related party transactions for ihe year elld 31 Deeetnber 2025. Page 11
First Saitfi¢ld Presb terian Church Detailed Statement of Financial Activitl for the Year Ended 31 Dee¢m 02 31.12.25 31.12.24 INCOME AND Ei¥DOWMENrs Don#tion$ #nd l¢g&cle$ Gifts Donations Gift aid Sub5cnptions Exceptsonal items 186.493 35,685 4.20Q 9,614 193,366 32.832 3,081 526 235,991 229,806 Other trading Ctitie Shop income 55,(k44 53.402 Investment income Rents received Deposit account int¢r¢st 6,000 19,363 20.034 25,363 20,038 Charitable activities Grants 2299 6.640 Total ineoming resources 318,697 309.886 EXPENDITURE Raising donation$ and legacie5 Organisaiions activities 15,214 18,342 Other trading activities Otlicr opcrating leases 9,175 9.201 Investrnent rnan#gement eosts Property repairs 37,708 26,945 Charitblt a¢tiiryties Wage5 Pension5 Rates and water Insurancc Light and heat Sundries Grants 10 iDStitution5 Graiils lo individuals 84.730 7,607 3299 8223 18,554 37,929 74,101 5.600 81,254 10.080 2,616 8,739 18,408 33,958 70.696 30 240,043 225.781 Support Costs This page does Iiot fomi patt of the statutory fmancial sta(¢mtnt$ Page 12
rl8n Church tailed Statement of Flnanelal A¢VitieS for the Year Ended 31 Decem r202 31.12.25 31.12.24 Support Costs Finance Bank eharges 823 1.033 Governallte costs A¢¢ountallcy and legal fees 3,311 3,046 Total resources expended 306274 284,348 Net Ineome 12.423 25,538 This page d(*5 not form part of the st&tutory financial staternents Page 13