# **Legacurry Congregation of the Presbyterian Church in Ireland** 

**Trustees' Annual Report and Financial Statements for the year ended 31 December 2025** 

**Charity number: NIC105293** 



**Legacurry Presbyterian Church a Congregation of The Presbyterian Church in Ireland** 

|**Contents**||
|---|---|
|Trustees' Annual Report|3-11|
|Auditor’s Report|12|
|Statement of Financial Actvites|15|
|Balance Sheet|16|
|Notes to the Financial Statements|17-30|



2 



**Legacurry Presbyterian Church a Congregation of The Presbyterian Church in Ireland** 

## **TRUSTEES' ANNUAL REPORT** 

The Trustees present their Annual Report and Financial Statements for the year ended 31 December 2025. 

## **REFERENCE AND ADMINISTRATIVE DETAILS** 

Legacurry Presbyterian Church congregation of the Presbyterian Church in Ireland 307 Upper Ballynahinch Rd, Lisburn, BT27 6XG, UK 

Registered Charity in Northern Ireland (NIC105293) 

## **CHARITY TRUSTEES** 

The Charity Trustees who served during the year or who were trustees at the date of this report were: 

Steven Abraham Robert McCullagh Philip Brown Roy Patterson Lawrence Campbell Miriam Patterson Thomas Crawford Jacqueline Pickering Michael Davidson Richard Reid John Ferguson John Rodgers Jim Hamilton (resigned 21/10/2025) Gillian Scott Richard Hassard John Sloan Rev Mark Hawthorne David Smyth Alan Little Adam Thompson Gary McCracken 

## **PRINCIPAL OFFICE BEARERS** 

Minister Rev Mark Hawthorne Clerk of Session John Ferguson Treasurer Philip Brown 

## **AUDITOR** 

## **SOLICITOR** 

Finegan Gibson WG Maginess & Son Causeway Tower 68 Bow Street 9 James Street South Lisburn Belfast BT28 1AL BT2 8DN 

## **BANKER** 

Ulster Bank 18 Bow Street Lisburn BT28 1BN 

3 



**Legacurry Presbyterian Church a Congregation of The Presbyterian Church in Ireland** 

## **TRUSTEES’ REPORT (cont’d)** 

## **STRUCTURE 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 Session 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 congregation. All members are entitled to propose, speak and exercise equal votes at meetings, except that the Moderator, the minister in active duty in the congregation, has no deliberative but only a casting vote.  Stated meetings of the Kirk Session are held at least six times a year. 

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 twothirds of those who vote. 

## **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. Legacurry Presbyterian Church has been assigned to the Dromore 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, administrative 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 minsters and a representative elder appointed by the Kirk Session of each congregation. The General Assembly met in June and December 2025. 

4 



**Legacurry Presbyterian Church a Congregation of The Presbyterian Church in Ireland** 

## **TRUSTEES’ REPORT (cont’d)** 

## **DESCRIPTION AND PURPOSE** 

Legacurry 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. 

At Legacurry we have a simple Mission statement: 

Acting on God’s Word – Welcoming, Worshipping and Witnessing 

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

- Growing in faith through engagement with God’s Word. 

- Being a family of faith in which everyone is Welcome. 

- Glorifying God through Christ-centred Worship. 

- Spreading the Kingdom of God through our Witness. 

## **ACTIVITIES AND OBJECTIVES** 

The congregation meets for worship every Sunday and visitors are welcome to join. The Sacrament of the Lord’s Supper is normally 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: 

Boys’ Brigade Legacurry Tots Family Room Prayer Ministry team EveryWoman Sunday School / Bible Class Flower Club Table Tennis Club Girls’ Brigade Women’s Book Group Helping Hands Group Youth Fellowship Home Groups / Youth Cells 

## **ACHIEVEMENTS AND PERFORMANCE** 

## 

There were three paid members of staff: the Minister (full time), a Praise Co-ordinator (5 to 7 hours per week) and a Ministry Co-ordinator (12 hours per week). 

5 



**Legacurry Presbyterian Church a Congregation of The Presbyterian Church in Ireland** 

## **TRUSTEES’ REPORT (cont’d)** 

## **Worship and Prayer** 

The congregation normally meets for worship each Sunday at 11am, with evening services fortnightly at 6.30pm. Once a fortnight Home Groups provide an opportunity for members to meet together for fellowship, to study the scriptures and for a time of prayer. There is a corporate prayer time every Sunday morning before church and twice a month on a Thursday evening. 

As well as our regular services during the year we acknowledged God’s gift of new life at four Sacraments of Baptism. We gave thanks for faithful service and sought to comfort those who had been bereaved during the year. There was one wedding held during the year. 

At 31 December 2025 there were 326 communicant members and 336 families connected with the congregation. 

## **Pastoral Care** 

Members of the congregation who are unable to attend church due to sickness or age are visited on a regular basis by the minister, elders or by one of the congregation’s pastoral visitors. They are also provided with CDs each week to enable them to listen to the services in their own homes. All morning services are live streamed and available online. 

## **Mission and Outreach** 

At a local level the congregation continues to support several charities and is involved in community outreach. The main local projects supported included Christian Family Centre, Christians Against Poverty, Evangelical Alliance, Graham McClellan, Lisburn Food Bank, Scripture Union, West Belfast PCI and Youth for Christ Ballysillan. 

Assisted by our part-time evangelist, Mr Graham McClellan, the church also holds a number of outreach and teaching courses throughout the year. These provide a wide range of people from different backgrounds with an opportunity to learn about the good news of Jesus Christ in an informal environment. 

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 a 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, assists with the running costs of Union Theological College, the Church’s training college for ministry students, and financially supports congregations in the areas of worship, discipleship, global mission, outreach, leadership and pastoral care. 

6 



**Legacurry Presbyterian Church a Congregation of The Presbyterian Church in Ireland** 

## **TRUSTEES’ REPORT (cont’d)** 

## **Mission and Outreach (cont’d)** 

The congregation supported international projects including the work of Brian and Maria Liggett through Impande Foundation in South Africa, Lagoa Christian Fellowship, the Morales family in Peru, Open Doors, Overseas Missionary Fellowship, Tearfund and Ukraine (Slavic Gospel Association). We continue to support water well drilling, schools projects and Bethanie Medical Centre in Burkina Faso, via Transform Burkina and AEAD. Our Annual Harvest appeal in October supported our Ivory Coast project (water well drilling in February 2026) and raised £8,302. 

## **Presbytery** 

The congregation is normally represented at the regular meetings of Presbytery by our minister and the relevant representative elder. This provides an important link between the congregation and the wider structures of the church. 

## **General Assembly** 

The minister and representative elder attended the meeting of the General Assembly of the Presbyterian Church in Ireland held in Assembly Buildings, Belfast, in June 2025. There was a special meeting of the General Assembly in December 2025, which was attended by the Minister and Clerk of Session. 

## **Property** 

The building of the new Church Manse completed in November 2025, with £420,552 spent during the year. The total cost of the project up to the end of 2025 was £605k (this includes a £13,000 building retention to be paid in 2026). This was financed by existing reserves, sale of a site on the manse grounds for £102,719 and loans/donations from the congregation. The old Church Manse is expected to be sold during 2026. At year end there was £52,000 of loans to be paid back to congregational members. 

church received £3,090 in respect of solar panel income in 2025. 

7 



**Legacurry Presbyterian Church a Congregation of The Presbyterian Church in Ireland** 

## **TRUSTEES’ REPORT (cont’d)** 

## **Organisations** 

1. Boys’ Brigade – meets every Friday during school term time. Activities include teaching the bible, games, craft and outdoor expeditions. 65 members enrolled during the year. 

2. EveryWoman – normally meets once a month throughout the year and format includes talks by missionaries and other visiting speakers. 24 members attended on average. 

3. Family Room – held during church every Sunday. Up to 10 infants and toddlers come with their parents each Sunday. 

4. Flower Club – meets at various times throughout the year, including harvest, Christmas and other special events. 

5. Girls’ Brigade – meets every Wednesday during school term time. Activities include teaching the 

   - bible, games, craft and drama. 107 members recorded in 2025. 

6. Helping Hands Group – meets periodically as a fellowship group with a shared interest in knitting clothing to be donated. 

7. Home Groups – meet once a fortnight to study the bible in small groups. Approximately 115 attending on average (including Youth Cells). 

8. Legacurry Tots – meets once a week during school term time and promotes relationship building between young families in the church and the community. On average 15 families attending each week. 

9. Prayer ministry team – meets weekly after church services to support individuals in need of prayer and regularly throughout the year to organise prayer times and resources. 

10. Sunday School – held during church every Sunday during term time. Approximately 66 attending during 2025 (including Bible Class). 

11. Table Tennis Club – meets once a week during term time. Competes in local competitions, approximately 18 members. 

12. Women’s Book Group – meets periodically to review books and have fellowship. Approximately 10 attend regularly. 

13. Youth Fellowship – meets throughout the year with up to 40 present each evening. 18+ Fellowship also met during 2025, with an average of 10 attending. 

## **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. 

8 



**Legacurry Presbyterian Church a Congregation of The Presbyterian Church in Ireland** 

## **TRUSTEES’ REPORT (cont’d)** 

## **PUBLIC BENEFIT STATEMENT** 

members and the general public by making known the Christian Gospel of the Lord Jesus Christ through the advancement of religion. 

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. 

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. 

guidance. 

9 



**Legacurry Presbyterian Church a Congregation of The Presbyterian Church in Ireland** 

## **TRUSTEES’ REPORT (cont’d)** 

## **FINANCIAL REVIEW** 

The congregation’s main source of income is members’ contributions through the weekly freewill offering and collections. There were 217 contributing families during the year (212 in 2024) donating a total of £470,879 (a 29% increase on receipts of £365,804 in 2024). The increase is primarily due to significant donations for construction of the new manse. 

The total income from all sources in 2025 was £614,556, an increase of 48% on 2024 (£415,185). This is attributable to the increased donations noted above and the proceeds from the sale of a site in the manse grounds (£102,719). 

Total expenditure of unrestricted funds in 2025 was £147,222 compared with £106,399 in 2024. This increase is primarily attributable to the ministerial vacancy in 2024. 

## **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 six months normal expenditure. At the year end unrestricted reserves were £123,923 which meets this threshold. 

## **RISK REVIEW** 

A review of major risks has been undertaken by the Trustees and systems and procedures implemented to manage identified risks. The principal risks are in relation to the likelihood of reputational damage and financial risks associated with the expectation of ongoing financial support from members.  These risks are mitigated by the Trustees, and the Congregational Committee, regularly monitoring the various activities of the congregation at stated meetings and by encouraging members in their regular giving. 

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Legacurry Presbyterian Church
a Congregation of The Presbyterlan Church In Ireland
TRu¥fEES' REPORT (cont'd}
RESPONSIBILITIES IN RESPEcf OFTHE FINANCIAL STATEMENTS
The charity tru5tee5 Iwho are known as the members of Kirk Session) are responsible for preparing
trustees, annual report and financial statements in accordance with applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in Northern Ireland requires the charity trustees to prepare financial
statements for each year which give a true and fair view of the state of affairs of the charity and of
the incoming resources and application of resources, of the charity for that period. In preparing the
financial statements, the trustees are required to..
select suitable accounting policies and then apply them consistently:
observe the method5 and principle5 in the Charities SORP,.
make judgements and estimates that are reasonable and prudent,.
state whether applicable UK accounting standards have been followed, svbject to any
material departures di5c105ed and explained in the tinancial statements:
prepare the financial statements on the going concern basis unless It 15 inappropriate to
presume that the charity will continue in business.
The trustees are responsible for keeplng proper accounting records that disclose with reasonable
accurary at any time the linancial position of the charity and to enable them to ensure that the
linancial statements comply with the Charities Act INorthern Ireland) 2008 and The Charities
(Accounts and Reports) Regulations (Northern Ireland) 2015. They are also responsible for
safeguarding the assets of the charity and taking reasonable steps for the prevention and detection
of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the charity and financial
information included on the charity's website. Legislation in the United Kingdom governing the
preparation and dissemination of financial statement5 may differ from legislation in other
jurisdictions.
Approved by the Kirk Session Ithe trustees) at a meeting on 21 April 2026 and signed on its behalf
bv..
Rev Mark Hawthorne
li

## **Report on the audit of the financial statements** 

## **Opinion** 

We have audited the charity financial statements of Legacurry Presbyterian Church ('the charity') for the financial year ended 31 December 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including the summary of significant accounting policies set out in note 1. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", applying Section 1A of that Standard and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102. 

In our opinion, when reporting in accordance with a fair presentation framework the financial statements: 

- give a true and fair view of the state of the charity's affairs as at 31 December 2025 and of its surplus for the financial year then ended; 

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and 

- have been prepared in accordance with the requirements of the Charities Act (Northern Ireland) 2008. 

## **Basis for opinion** 

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. 

## **Conclusions relating to going concern** 

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from the date when the financial statements are authorised for issue. 

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. 

## **Other Information** 

The other information comprises the information included in the annual report other than the financial statements and our Auditor's Report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. 

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. 

## **Opinion on other matter prescribed by the Charities Act (Northern Ireland) 2008:** 

In our opinion, based on the work undertaken in the course of the audit: 

- the information given in the Trustees' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and 

- the Trustees' Report has been prepared in accordance with applicable legal requirements. 

12 



## **Matters on which we are required to report by exception** 

In the light of our knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees' Report. 

We have nothing to report in respect of the following matters where the Charities Act (Northern Ireland) 2008 requires us to report to you if, in our opinion: 

- adequate accounting records have not been kept; or 

- the financial statements are not in agreement with the accounting records and returns; or 

- certain disclosures of trustees' remuneration specified by law are not made; or 

- we have not received all the information and explanations we require for our audit. 

- the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemption in preparing the Trustees' Annual Report. 

## **Responsibilities of trustees for the financial statements** 

The trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. 

In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the charity or to cease operations, or has no realistic alternative but to do so. 

## **Auditor's responsibilities for the audit of the financial statements** 

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditor's Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. 

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: 

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and noncompliance with laws and regulations, we considered the following: 

- the nature of the industry and sector, control environment and business performance including the design of the remuneration policies, key drivers for directors' remuneration, bonus levels and performance targets; 

- results of our enquiries of management about their own identification and assessment of the risks of irregularities; 

- any matters we identified having obtained and reviewed documentation of their policies and procedures relating to: 

- identifying, evaluating and complying with laws and regulations and whether management were aware of any instances of non-compliance; 

- detecting and responding to the risks of fraud and whether management have knowledge of any actual, suspected or alleged fraud; 

- the internal controls established to mitigate risks of fraud or non-compliance with laws and regulations. 

- the matters discussed among the audit engagement team including significant component audit teams and relevant internal specialists, including tax and valuations specialists regarding how and where fraud might occur in the financial statements and any potential indicators of fraud. 

As a result of these procedures, we considered the opportunities and incentives that may exist within the organisation for fraud and identified the greatest potential for fraud. In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override. 

We also obtained an understanding of the legal and regulatory frameworks in operation, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included ongoing compliance with the UK Companies Act and tax legislation. 

In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which may be fundamental for their ability to operate or to avoid a material penalty. 

13 



Further infomiatlon regarding thè scope of our responslbllltles as oudltor
As part of an audit in accordance with ISAS IUKI. we exercise professional judgement and maintain profgssional
3￿pIl¢l$M throughout the audit. We also..
Identify and assess the risks ol materia misstaternent of the financ4al statements, whether due to fraud or error.
design and pertom athil procedures responsive to those risks. and obtain audit 8vid8nee that is SuffiC￿nt and
appropriate to provide a basis for our opinion. The risk of not deteding a material rni5Statement iesulting frorn fraud
is higher than for one resulting from error. a5 fraud may involve collusion, forgary. intantional omi5Slgro,
MIs￿preSentatiOns. orthe override of intem4 control.
tain an und8rstanding of interna contrcl relevant to th8 audit in order to design audit procedures that ara
appropriate in Ihe rarcurnstances. but not lor the purp058 of exprèssing an opinion on the effectiveness of the
charity's internal control
Evaluatè the appropriateness of acix)unting polici8s usad and thè r&aSonab￿ne$S of accounting estimates and
relaterl disclosures made by trustees
Conclude on the appropiialene5s of the tiuslees, use ol the going COn￿M basis of accounting a￿, based on the
audit ewdenee obtainèd, whother a material Un￿rtaInty exists relat￿ to events or conditions that may cast
significant doubt on the chariys ability to continue as a going concem. 11 we conclude that a material Un￿rtaInty
exsls. we are required lo draw attention in ourAuditorfs Report to the related disdosures in the financial statements
or. il such disc103ures are inadequate. to rnodify our opinion. Our condu3ions are based on th$ audit evidence
obtained up to the dale olourAuditofs Report However. fvture events or conditions rnay cause the charity to ￿9$e
to wntinue as a going con￿rn.
Evaluatè the ovèrall presentation. structwe and eorntènt of the finandal ststeM￿ts. InclLKling the disd09Jres. and
hether the financial stat8rnents r•pre$￿t thé undarfying transactions and events in a manner that ach￿Ve$ fair
piesentats"on.
We communicate wth those tharged with govemance regarding, among other matters, the plannèd scope and lirning
of the audit and sunificant audit findiros. including any significant deficienc￿5 in internal (x)ntrol that W8 ￿entity during
our audit.
The purpose of our audlt work and to whom we owe our rt#ponaibilitl•s
This report is rnade solely to the charity's Iru5tee5, as a body, in aCCortan￿Wrth IPart 4 of the Charities (Accounts and
Reportsl R￿ul￿tK)n$ 2008 and IPart 4 of the Charitie5 Accounts and Reports Regulations (Northern Irelandl 20151.
Our audrt woth has been undertaken so that we might state to the charty's trustees those rnatters we are reqUI￿d to
state to them in an audilorfs r￿tsrt and lor no other purposo. To the ful￿$1 extent permitted by law, we do not accept or
assume responsibility to anyone other than the charity and the charills trustee5 as a body. for our audit work. for this
report, orfor the opinions we have formed.
CONOR DOLAN FCA
FINEGAN GIBSON LTD
Chartered accountants and Registered auditors
Floor
Causeway Tower
9 James Street South
Belfast
Antrim
BT2 8DN
Northèm Irèland
14

## **Legacurry Presbyterian Church Statement of Financial Activities For the year ending 31 December 2025** 

|**Notes**<br>**Income from:**<br>Regular direct giving<br>**2**<br>Donations and legacies<br>**3**<br>Activities that generate income<br>**4**<br>Investment income<br>**5**<br>Organisations<br>**6**<br>Other<br>**7**<br>**Total income**<br>**Expenditure on:**<br>Raising funds<br>**8**<br>Central Church assessments<br>**9**<br>Ministry and support staff<br>**10**<br>Life and work<br>**11**<br>Donations to missions and charities<br>**12**<br>Property & equipment maintenance<br>**13**<br>Governance<br>**14**<br>Organisations<br>**6**<br>**Total expenditure**<br>**Net income**<br>Transfers between funds<br>Net gain on investment assets<br>**16**<br>**Net movement in funds**<br>**Reconciliation of funds:**<br>Total funds brought forward<br>**25**<br>**Total funds carried forward**|**Unrestricted**<br>**Restricted**<br>**Total**<br>**Total**<br>**funds**<br>**funds**<br>**2025**<br>**2024**<br>**£**<br>**£**<br>**£**<br>**£**<br>208,376<br>60,401<br>268,777<br>272,977<br>617<br>201,485<br>202,102<br>92,827<br>1,294<br>1,200<br>2,494<br>2,935<br>2,223<br>-<br>2,223<br>5,253<br>-<br>26,233<br>26,233<br>26,901<br>6,418<br>106,309<br>112,727<br>14,292|
|---|---|
||**218,928**<br>**395,628**<br>**614,556**<br>**415,185**|
||326<br>-<br>326<br>3,647<br>17,373<br>-<br>17,373<br>16,707<br>82,526<br>-<br>82,526<br>32,030<br>18,999<br>-<br>18,999<br>29,316<br>-<br>165,176<br>165,176<br>153,711<br>18,818<br>19,813<br>38,631<br>64,070<br>9,180<br>-<br>9,180<br>8,082<br>-<br>26,697<br>26,697<br>25,493|
||**147,222**<br>**211,686**<br>**358,908**<br>**333,056**|
||**71,706**<br>**183,942**<br>**255,648**<br>**82,129**<br>(216,362)<br>216,362<br>0<br>-<br>-<br>55,000<br>55,000<br>-|
||**(144,656)**<br>**455,304**<br>**310,648**<br>**82,129**<br>264,978<br>702,503<br>967,481<br>885,352|
||**120,322**<br>**1,157,807**<br>**1,278,129**<br>**967,481**|



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

15 



LegacurryPTesbyterian Church
8¥lan¢e Sheet
As at31 D￿ember2025
N￿e$
2025
2024
Flxed assets
Tangible assets
Investments
777.743
180,OC
428.204
125,0(K)
16
Total fixed a55ets
957.743
553.204
Currert assets
Fixed assets held for sale
Debtor5
Cash 3t bank and in hand
17
56,296
8,079
332.617
10,410
418,684
19
Total current 055ets
396.992
429,094
Creditors.. Amounts falling due
wrf(hin one year
zo
76,6(
14.817
Net current assets
320,386
414,277
Tolal net assets
1,278,129
967,481
Thefunds of the charity:
un￿$t[Icted income funds
Restricted incotne fund5
RestrScted land & bJlldSngs fund
25
25
25
120,322
750,948
406,859
264.978
340.877
361.626
Total charityfund5
1,278,129
967,481
The trustees have prepared the financial statements in accordance with The Charities (Accounts and Reportsl Regulations
INorthern Irelandl 2015 for circulation to the members.
The note5 1 to 25 form part of these financial staternents.
Approved by the trustees on 21 Aprll 2026
Date:_
Signed.. M. Hawthorne
Name.. Rev. Mark Hawthorne on behalf of the trustees
16

**Legacurry Presbyterian Church Notes to the Financial Statements For the year ended 31 December 2025** 

## **1 Accounting policies** 

The principal accounting policies that have been adopted consistently throughout the year and the prior year are summarised below. 

## **1.1 Basis of preparation** 

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 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and The Charities (Accounts and Reports) Regulations (Northern Ireland) 2015. 

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 transactions, assets and liabilities for which the congregation is responsible in law. They do not include the accounts of church groups that owe their affiliation to another body, nor those that are informal gatherings of church members. 

Legacurry Presbyterian Church meets the definition of a public benefit entity under FRS 102. 

## **1.2 Fund accounting** 

Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds are primarily from the receipt of Free Will Offerings and loose collections from the congregation. 

Restricted funds comprise (a) restricted income funds and (b) restricted land and buildings fund. These are detailed below. 

Restricted income funds are funds which are to be used in accordance with specific restrictions imposed by the donor. Restricted income funds are from the collection of congregational offerings to the Church's property account, the missions and charities account and for the Presbyterian Church in Ireland's (PCI) various appeals. The income received by the various church organisations is also restricted for use in the respective organisations. 

Restricted land and buildings fund is the fund created on the initial recognition of the land and buildings owned by the church which have not previously been recorded. The only movement on this fund each year is the expensing of the depreciation on land and buildings and/or any fair value movements in respect of investment properties. Further details can be found at note 15. 

17 



**Legacurry Presbyterian Church Notes to the Financial Statements For the year ended 31 December 2025** 

## **1 Accounting policies (continued)** 

## **1.3 Income recognition** 

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

Where income received has related expenditure (as with fundraising income) the income and related expenditure are reported gross in the Statement of Financial Activities. 

## **Regular direct giving** 

Regular direct giving receipts relate to offerings received from the congregation and are recognised on receipt when the church has unconditional entitlement to the income. 

## **Donations and legacies** 

Donations and legacies are recognised on receipt unless otherwise notified of a settlement date. The nature of the charity as a church means that donations do not usually have conditions attached which may result in the deferral of recognising income. 

## **Tax reclaims on donations and gifts** 

Income from Gift Aid (included under Regular direct giving) is included in the Statement of Financial Activities at the same time as the donation or gift to which they relate. 

## **Investments** 

Interest on funds held on deposit is recognised when receivable and the amount can be measured reliably by the charity. 

## **Gifts in kind** 

Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for use by the charity are included in the Statement of Financial Activities as income when receivable. 

## **Donated services and facilities** 

These are only included in income (with the equivalent amount in expenditure) where the benefit to the church is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the church of the service or facility received. 

## **Volunteer help** 

The value of any voluntary help received is not included in the financial statements but is described in the trustees' annual report. 

## **1.4 Expenditure and liabilities recognition** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. 

## **1.5 Irrecoverable VAT** 

Irrecoverable VAT is charged against the expenditure heading for which it was incurred. 

18 



**Legacurry Presbyterian Church Notes to the Financial Statements For the year ended 31 December 2025** 

## **1 Accounting policies (continued)** 

## **1.6 Governance costs** 

These are shown within charitable activities and include the costs of preparation and examination of the accounts, the costs of trustee meetings and cost of any legal advice to trustees on governance or constitutional matters. 

## **1.7 Tangible fixed assets** 

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Land: No depreciation Car parks, etc.: 50 years Buildings: 50 years Fixtures, fittings & equipment: 5 years Solar panels: 20 years 

## **1.8 Investment properties** 

Investment properties for which fair value can be measured reliably without undue cost or effort on an ongoing basis are measured at fair value annually with any gain or loss recognised in the statement of financial activities. 

## **1.9 Creditors and provisions** 

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount. 

## **1.10 Employee 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 church pays an assessment to the Presbyterian Church in Ireland equivalent to the employer's pension contribution for the Scheme and based on the stipend paid to the 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 the 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. A formal schedule of contributions was drawn up on 25 November 2015 whereby the Presbyterian Church agreed to pay from 31 December 2015 contributions of 24% of pensionable salaries to cover accrual of benefits for future service, expenses, the cost of insuring death in service benefits and funding the scheme deficit. 

The charity recognises a cost equal to their contribution payable for the period in their statement of financial activities. 

19 



## **Legacurry Presbyterian Church Notes to the Financial Statements** 

**For the year ended 31 December 2025** 

## **2 Regular direct giving** 

|**Regular direct giving**||
|---|---|
|Recorded giving<br>Gift Aid<br>Loose collections<br>Recorded giving<br>Gift Aid<br>Loose collections<br>**Donations and legacies**<br>Gift days, special collections and donations<br>Gift Aid received on occasional gifts<br>Legacies and Bequests<br>Donations from Congregational Organisations<br>Burkina Faso<br>South Africa<br>Impande<br>G. McClellan<br>Morales Family<br>World Development Appeal<br>Ballysillan Youth for Christ<br>Harvest (for Ivory Coast)<br>Ivory Coast<br>Christian Family Centre<br>Earmarked Projects<br>Lagoa Church<br>Evangelical Alliance<br>Bridge Church<br>Donations for logs<br>Student Support|**Unrestricted**<br>**Restricted**<br>**2025**<br>**£**<br>**£**<br>**£**<br>167,866<br>46,968<br>**214,834**<br>39,419<br>13,433<br>**52,852**<br>1,091<br>-<br>**1,091**|
||208,376<br>60,401<br>**268,777**|
||**Unrestricted**<br>**Restricted**<br>**2024**<br>**£**<br>**£**<br>**£**<br>157,340<br>60,181<br>**217,521**<br>39,438<br>15,301<br>**54,739**<br>717<br>-<br>**717**|
||197,495<br>75,482<br>**272,977**|
||**Unrestricted**<br>**Restricted**<br>**2025**<br>**£**<br>**£**<br>**£**<br>-<br>81,503<br>**81,503**<br>-<br>19,033<br>**19,033**<br>-<br>-<br>**-**<br>617<br>**617**<br>-<br>18,209<br>**18,209**<br>-<br>10,750<br>**10,750**<br>-<br>10,290<br>**10,290**<br>-<br>4,000<br>**4,000**<br>-<br>1,795<br>**1,795**<br>-<br>6,281<br>**6,281**<br>-<br>6,850<br>**6,850**<br>-<br>8,302<br>**8,302**<br>-<br>12,336<br>**12,336**<br>-<br>7,000<br>**7,000**<br>-<br>3,000<br>**3,000**<br>-<br>3,500<br>**3,500**<br>-<br>1,000<br>**1,000**<br>-<br>2,000<br>**2,000**<br>-<br>3,916<br>**3,916**<br>-<br>1,720<br>**1,720**|
||617<br>201,485<br>**202,102**|



## **3 Donations and legacies** 

20 



**Legacurry Presbyterian Church Notes to the Financial Statements** 

**For the year ended 31 December 2025** 

## **3 Donations and legacies (continued)** 

|Gift days, special collections and donations<br>Gift Aid received on occasional gifts<br>Legacies and Bequests<br>Burkina Faso<br>South Africa<br>Impande<br>G. McClellan<br>Morales Family<br>World Development Appeal<br>**Activities that generate income**<br>Sale or rental of books / CD's / DVD's etc.<br>Donations for use of halls<br>Grave fees<br>Sale or rental of books / CD's / DVD's etc.<br>Weddings, funerals, etc.<br>Hire of halls<br>Grave fees<br>**Investment income**<br>Bank & Building Society interest<br>Other investment income|**Unrestricted**<br>**£**<br>2,203<br>20|**Unrestricted**<br>**Restricted**<br>**2024**<br>**£**<br>**£**<br>**£**<br>1,875<br>14,841<br>**16,716**<br>-<br>1,791<br>**1,791**<br>5,930<br>-<br>**5,930**<br>-<br>19,498<br>**19,498**<br>-<br>17,625<br>**17,625**<br>-<br>16,211<br>**16,211**<br>-<br>4,000<br>**4,000**<br>-<br>3,839<br>**3,839**<br>-<br>7,217<br>**7,217**|
|---|---|---|
|||7,805<br>85,022<br>**92,827**|
|||**Unrestricted**<br>**Restricted**<br>**2025**<br>**£**<br>**£**<br>**£**<br>714<br>-<br>**714**<br>-<br>1,200<br>**1,200**<br>580<br>-<br>**580**|
|||1,294<br>1,200<br>**2,494**|
|||**Unrestricted**<br>**Restricted**<br>**2024**<br>**£**<br>**£**<br>**£**<br>700<br>-<br>**700**<br>-<br>1,535<br>**1,535**<br>-<br>400<br>**400**<br>-<br>300<br>**300**|
|||700<br>2,235<br>**2,935**|
|||**Restricted**<br>**2025**<br>**2024**<br>**£**<br>**£**<br>**£**<br>-<br>**2,203**<br>**5,233**<br>-<br>**20**<br>**20**|
||2,223|-<br>**2,223**<br>**5,253**|



## **4 Activities that generate income** 

## **5 Investment income** 

21 



**Legacurry Presbyterian Church Notes to the Financial Statements** 

**For the year ended 31 December 2025** 

## **6 Organisations' income and expenditure** 

|**Organisations' income and expenditure**||
|---|---|
|**Organisations 2025**<br>EveryWoman<br>Bowling Club<br>Boys' Brigade<br>Girls' Brigade<br>Table Tennis Club<br>Netwise<br>Flower Club<br>Parents and Toddlers<br>Sunday School<br>Youth Association<br>Other|**Surplus /**<br>**Income**<br>**Expenditure**<br>**(Deficit)**<br>**£**<br>**£**<br>**£**<br>1,918<br>1,950<br>(32)<br>175<br>(175)<br>8,430<br>8,116<br>314<br>7,016<br>5,201<br>1,815<br>300<br>300<br>63<br>1,503<br>(1,440)<br>130<br>(130)<br>65<br>252<br>(187)<br>2,231<br>1,166<br>1,065<br>6,210<br>8,087<br>(1,877)<br>117<br>(117)|
||**26,233**<br>**26,697**<br>(464)|



|**Organisations 2024**<br>EveryWoman<br>Bowling Club<br>Boys' Brigade<br>Girls' Brigade<br>Table Tennis Club<br>Flower Club<br>Parents and Toddlers<br>Sunday School<br>Youth Association|**Surplus /**<br>**Income**<br>**Expenditure**<br>**(Deficit)**<br>**£**<br>**£**<br>**£**<br>1,593<br>864<br>729<br>-<br>-<br>-<br>7,854<br>6,109<br>1,745<br>9,596<br>6,012<br>3,584<br>-<br>475<br>(475)<br>-<br>159<br>(159)<br>351<br>384<br>(33)<br>1,384<br>496<br>888<br>6,123<br>10,994<br>(4,871)|
|---|---|
||**26,901**<br>**25,493**<br>**1,408**|



22 



**Legacurry Presbyterian Church Notes to the Financial Statements For the year ended 31 December 2025** 

## **7 Other income** 

|**Other income**||
|---|---|
|Rental income<br>Legacurry Preschool contributions<br>Miscellaneous income<br>Church weekend receipts<br>Solar panel income<br>Net proceeds of sale of site at manse<br>(acquired Pre 1977)<br>Rental income<br>Legacurry Preschool contributions<br>Miscellaneous income<br>Church weekend receipts<br>Solar panel income|**Unrestricted**<br>**Restricted**<br>**2025**<br>**£**<br>**£**<br>**£**<br>3,384<br>-<br>**3,384**<br>600<br>-<br>**600**<br>148<br>500<br>**648**<br>2,286<br>**2,286**<br>-<br>3,090<br>**3,090**<br>-<br>102,719<br>**102,719**|
||6,418<br>106,309<br>**112,727**|
||**Unrestricted**<br>**Restricted**<br>**2024**<br>**£**<br>**£**<br>**£**<br>3,200<br>-<br>**3,200**<br>600<br>-<br>**600**<br>73<br>-<br>**73**<br>7,259<br>-<br>**7,259**<br>-<br>3,160<br>**3,160**|
||11,132<br>3,160<br>**14,292**|



## **8 Raising funds** 

|**Raising funds**||
|---|---|
|Fundraising and events<br>Sum Up fees<br>FWO envelopes<br>Fundraising and events<br>Sum Up fees<br>FWO envelopes|**Unrestricted**<br>**Restricted**<br>**2025**<br>**£**<br>**£**<br>**£**<br>26<br>**26**<br>300<br>**300**|
||326<br>-<br>**326**|
||**Unrestricted**<br>**Restricted**<br>**2024**<br>**£**<br>**£**<br>**£**<br>-<br>3,286<br>**3,286**<br>3<br>19<br>**22**<br>339<br>-<br>**339**|
||342<br>3,305<br>**3,647**|



23 



## **Legacurry Presbyterian Church Notes to the Financial Statements** 

**For the year ended 31 December 2025** 

## **9 Central Church assessments** 

|**Central Church assessments**||
|---|---|
|Central Ministry Fund<br>Communications Department<br>Widows of Ministers' Fund<br>Incidental Fund<br>Prolonged Disability Fund<br>Ministerial Development Fund<br>Sick Supply Fund<br>Church House Repairs Fund<br>Students' Bursary Fund<br>Apprenticeship Levy<br>Special Assembly|**Unrestricted**<br>**Restricted**<br>**2025**<br>**2024**<br>**£**<br>**£**<br>**£**<br>**£**<br>6,258<br>-<br>**6,258**<br>5,522<br>1,766<br>-<br>**1,766**<br>1,546<br>-<br>-<br>**-**<br>993<br>4,372<br>-<br>**4,372**<br>3,974<br>257<br>-<br>**257**<br>773<br>-<br>-<br>**-**<br>110<br>-<br>-<br>**-**<br>22<br>2,246<br>-<br>**2,246**<br>1,986<br>2,246<br>-<br>**2,246**<br>1,766<br>228<br>-<br>**228**<br>15<br>-<br>-<br>**-**<br>-|
||17,373<br>-<br>**17,373**<br>16,707|



|**10**<br>**Ministry and support staff**<br>Minister's stipend, pension and expenses<br>Other Ministry and Support Staff|**Unrestricted**<br>**Restricted**<br>**2025**<br>**2024**<br>**£**<br>**£**<br>**£**<br>**£**<br>68,332<br>-<br>**68,332**<br>4,493<br>14,194<br>-<br>**14,194**<br>27,537|
|---|---|
||82,526<br>-<br>**82,526**<br>32,030|



## **11 Life and work** 

|**Life and work**||
|---|---|
|Worship and Fellowship<br>Discipleship and Ministry<br>Mission and Outreach<br>Worship and Fellowship<br>Discipleship and Ministry<br>Mission and Outreach|**Unrestricted**<br>**Restricted**<br>**2025**<br>**£**<br>**£**<br>**£**<br>6,399<br>-<br>**6,399**<br>2,800<br>-<br>**2,800**<br>9,800<br>-<br>**9,800**|
||18,999<br>-<br>**18,999**|
||**Unrestricted**<br>**Restricted**<br>**2024**<br>**£**<br>**£**<br>**£**<br>14,212<br>300<br>**14,512**<br>4,512<br>-<br>**4,512**<br>10,292<br>-<br>**10,292**|
||29,016<br>300<br>**29,316**|



24 



## **Legacurry Presbyterian Church Notes to the Financial Statements** 

**For the year ended 31 December 2025** 

## **12 Donations to missions and charities** 

|**Donations to missions and charities**||
|---|---|
|United Appeal<br>World Development Appeal<br>Bridge Church<br>Student Interns<br>Christian Family Centre<br>Christians Against Poverty<br>Evangelical Allaince<br>Lisburn Food Bank<br>Lagoa Christian Fellowship<br>OMF international<br>Open Doors<br>Slavic Gospel Association<br>Scripture Union<br>Tearfund<br>West Belfast Project<br>Ballysillan Youth For Christ<br>Burkina Faso Project<br>South Africa<br>Impande<br>Morales Family<br>G. McClellan<br>Other missions and charities<br>United Appeal<br>World Development Appeal<br>PCI Students' Bursary<br>Other PCI schemes<br>Burkina Faso Project<br>South Africa<br>Impande<br>Morales Family<br>G. McClellan<br>Other missions and charities|**Unrestricted**<br>**Restricted**<br>**2025**<br>**£**<br>**£**<br>**£**<br>-<br>14,000<br>**14,000**<br>-<br>5,171<br>**5,171**<br>-<br>3,000<br>**3,000**<br>-<br>3,275<br>**3,275**<br>-<br>8,000<br>**8,000**<br>-<br>1,000<br>**1,000**<br>-<br>3,300<br>**3,300**<br>-<br>1,013<br>**1,013**<br>-<br>3,500<br>**3,500**<br>-<br>3,000<br>**3,000**<br>-<br>1,000<br>**1,000**<br>-<br>2,000<br>**2,000**<br>-<br>2,000<br>**2,000**<br>-<br>5,000<br>**5,000**<br>-<br>2,000<br>**2,000**<br>-<br>9,038<br>**9,038**<br>-<br>29,370<br>**29,370**<br>-<br>26,725<br>**26,725**<br>-<br>35,272<br>**35,272**<br>-<br>1,813<br>**1,813**<br>-<br>4,000<br>**4,000**<br>-<br>1,699<br>**1,699**|
||-<br>165,176<br>**165,176**|
||**Unrestricted**<br>**Restricted**<br>**2024**<br>**£**<br>**£**<br>**£**<br>-<br>14,100<br>**14,100**<br>-<br>7,217<br>**7,217**<br>2,123<br>-<br>**2,123**<br>-<br>462<br>**462**<br>-<br>36,000<br>**36,000**<br>-<br>7,625<br>**7,625**<br>-<br>22,750<br>**22,750**<br>-<br>3,742<br>**3,742**<br>-<br>4,000<br>**4,000**<br>-<br>55,692<br>**55,692**|
||2,123<br>151,588<br>**153,711**|



25 



## **Legacurry Presbyterian Church Notes to the Financial Statements** 

**For the year ended 31 December 2025** 

## **13 Property and equipment maintenance** 

|**Property and equipment maintenance**||
|---|---|
|Electricity<br>Other Utilities<br>Repairs, maintenance and equipment<br>Insurances<br>Depreciation<br>Utilities<br>Repairs, maintenance and equipment<br>Insurances<br>Depreciation<br>**Governance**<br>Audit/Independent Examiner fees<br>Advertising, printing, etc.<br>Sundry expenses<br>Bank interest and charges<br>Presbytery fees<br>Independent Examiner fees<br>Advertising, printing, etc.<br>Sundry expenses<br>Bank interest and charges<br>Presbytery fees|**Unrestricted**<br>**Restricted**<br>**2025**<br>**£**<br>**£**<br>**£**<br>10,943<br>-<br>**10,943**<br>1,999<br>**1,999**<br>731<br>5,096<br>**5,827**<br>5,145<br>-<br>**5,145**<br>-<br>14,717<br>**14,717**|
||18,818<br>19,813<br>**38,631**|
||**Unrestricted**<br>**Restricted**<br>**2024**<br>**£**<br>**£**<br>**£**<br>13,400<br>-<br>**13,400**<br>540<br>32,557<br>**33,097**<br>4,394<br>-<br>**4,394**<br>-<br>13,179<br>**13,179**|
||18,334<br>45,736<br>**64,070**|
||**Unrestricted**<br>**Restricted**<br>**2025**<br>**£**<br>**£**<br>**£**<br>3,900<br>-<br>**3,900**<br>3,124<br>-<br>**3,124**<br>444<br>-<br>**444**<br>307<br>-<br>**307**<br>1,405<br>-<br>**1,405**|
||9,180<br>-<br>**9,180**|
||**Unrestricted**<br>**Restricted**<br>**2024**<br>**£**<br>**£**<br>**£**<br>288<br>-<br>**288**<br>4,052<br>-<br>**4,052**<br>1,975<br>235<br>**2,210**<br>196<br>-<br>**196**<br>1,336<br>-<br>**1,336**|
||7,847<br>235<br>**8,082**|



## **14 Governance** 

26 



## **Legacurry Presbyterian Church Notes to the Financial Statements For the year ended 31 December 2025** 

## **15 Fixed Assets** 

|**Fixed Assets**||
|---|---|
|**Cost or valuation**<br>At 1 January 2025<br>Additions<br>Fixed Assets transferred for disposal<br>At 31 December 2025<br>**Depreciation**<br>At 1 January 2025<br>Charge for the year<br>On Fixed Assets transferred for<br>At 31 December 2025<br>**Net book value**<br>At 1 January 2025<br>At 31 December 2025|**Fixtures &**<br>**Land**<br>**Buildings**<br>**Equipment**<br>**Total**<br>**£**<br>**£**<br>**£**<br>**£**<br>71,839<br>619,088<br>115,589<br>**806,516**<br>-<br>420,552<br>-<br>**420,552**<br>-<br>129,306<br>-<br>-<br>**129,306**<br>**-**|
||71,839<br>910,334<br>115,589<br>**1,097,762**|
||21,593<br>250,620<br>106,099<br>**378,312**<br>759<br>12,258<br>1,700<br>**14,717**<br>73,010<br>-<br>**73,010**<br>**-**|
||22,352<br>189,868<br>107,799<br>320,019|
||50,246<br>368,468<br>9,490<br>**428,204**|
||49,487<br>720,466<br>7,790<br>**777,743**|



Land and buildings and other fixed assets have been recognised at the date of transition to FRS 102 and the Charities SORP (FRS 102). The buildings comprise the Church building, church halls, youth hall and the manse and their contents. The buildings which were built or purchased within the past 50 years have been recorded on a historical cost basis with associated accumulated depreciation based on a useful economic life of 50 years. Buildings that are older than 50 years are considered to be fully depreciated. 

During  the year the Charity received net proceeds of £102,719 from the disposal of a site at the  former Manse. As the former Manse and associated grounds were acquired prior to 1977 and therefore treated as fully depreciated, no cost had been assigned to the disposal. 

## **16 Investments** 

Investments consist solely of investment properties. 

|Value at start of year<br>Fair value movements<br>Value at end of year|**2025**<br>**2024**<br>**£**<br>**£**<br>**125,000**<br>125,000<br>**55,000**<br>-|
|---|---|
||**180,000**<br>125,000|



A valuation of the investment property  was performed in June 2025  by Julie Gibson of McClelland Salter who is a Registered Valuer and a member of RICS. The trustees consider that the valuation given   reflects fair market value  of the property and have therefore adjusted the  accounts value at 31 December 2025. 

27 



**Legacurry Presbyterian Church Notes to the Financial Statements For the year ended 31 December 2025** 

## **17 Asset held for sale** 

|**Asset held for sale**|||
|---|---|---|
||**2025**|2024|
||**£**|£|
|Former Manse held for sale|**56,296**|-|



In November 2025 the Charity decided to sell the old Manse and remaining  grounds . At 31st December 2025 the property remained unsold and the asset has been reclassified from tangible fixed assets to an assest held for sale at its carrying value of £56,296. The expected sale proceeds (including deduction for selling costs) are approximately £540,000. 

## **18 Debtors** 

|**Debtors**||
|---|---|
|Gift Aid debtor<br>Accrued income and prepayments|**2025**<br>**2024**<br>**£**<br>**£**<br>**7,212**<br>9,652<br>**867**<br>758|
||**8,079**<br>10,410|



## **19 Cash at bank and in hand** 

|**Cash at bank and in hand**||
|---|---|
|No. 1 account - general<br>No. 2 account - property<br>No. 3 account - missions & charities<br>No. 4 account - savings<br>Organisations' accounts balances<br>Money Desk<br>**Creditors**<br>Other PCI accrued donations<br>Accrued mission expenses<br>Accrued property expenses<br>Other accrued expenses<br>Loans from Members to fund new Manse|**2025**<br>**2024**<br>**£**<br>**£**<br>**93,646**<br>82,621<br>**67,542**<br>33,378<br>**20,812**<br>31,300<br>**2,706**<br>243,010<br>**27,911**<br>28,375<br>**120,000**<br>-|
||**332,617**<br>418,684|
||**2025**<br>**2024**<br>**£**<br>**£**<br>**-**<br>4,542<br>**5,000**<br>1,050<br>**13,392**<br>425<br>**6,214**<br>8,800<br>**52,000**<br>-|
||**76,606**<br>14,817|



## **20 Creditors** 

28 



## **Legacurry Presbyterian Church Notes to the Financial Statements** 

**For the year ended 31 December 2025** 

## **21 Staff costs and employee benefits** 

|**Staff costs and employee benefits**||
|---|---|
|Gross salaries and wages<br>Social security costs<br>Minister pension costs<br>Ministry expenses<br>Staff expenses|**2025**<br>**2024**<br>**£**<br>**£**<br>**59,543**<br>16,604<br>**6,903**<br>388<br>**7,969**<br>538<br>**7,919**<br>492<br>**191**<br>303|
||**82,525**<br>18,325|



There were no employees who received total employee benefits (excluding employer pension costs) in excess of £60,000 (2024: nil). 

The key management personnel of the charity, the Church, comprise the trustees (members of the Kirk Session) and the minister. The total employee benefits of the key management personnel of the Church were £52,928 (2024: £4,493). 

## **22 Staff numbers** 

|**Staff numbers**||
|---|---|
|The average employee head count for the year was as follows:<br>Minister<br>Other staff|**2025**<br>**2024**<br>**1**<br>0<br>**2**<br>2|
||**3**<br>2|



## **23 Trustees' expenses and remuneration** 

There was one trustee who received remuneration during the year- Rev. Mark Hawthorne received a  gross salary totalling £45,540, allowances and  expenses of £7,919 and the Church contributed £7,969 to The Presbyterian Church in Ireland's Pension Scheme (2009). These amounts were for Rev. Hawthorne's services as the minister of the Church and not as a trustee.  This remuneration is as determined and permitted by Kirk Session. 

## **24 Related party transactions** 

During the year the congregation contributed the following amounts to Funds of the General Assembly of the Presbyterian Church in Ireland, a separate charity: 

- £15,127 for congregational assessments 

- £14,000 towards the United Appeal 

- £5,171 towards the World Development Appeal 

- £2,246 towards the Students' Bursary Fund 

The congregation contributed £1,405 towards Presbytery Assessments during the year. 

## Other related party transactions: 

Mr Lawrence Campbell, is a trustee of the charity and owner of Liz-Mar Cake Shop . During the year the charity made purchases amounting to £373  from the business. Mr John Rodgers a trustee of the charity is a director of Tricord. During the year the charity made purchases of £2,500  from the business. 

29 



**Legacurry Presbyterian Church Notes to the Financial Statements** 

**For the year ended 31 December 2025** 

## **25 Analysis of movement in charitable funds** 

|Unrestricted income funds<br>Restricted funds<br>Restricted Land & Property Fund|**Unrealised gain**<br>**Balance at**<br>**on revaluation**<br>**Income**<br>**Expenditure**<br>**31/12/2025**<br>**of Investments**<br>**/Depreciation**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>264,978<br>(216,362)<br>0<br>218,928<br>(147,222)<br>120,322<br>340,877<br>216,362<br>395,628<br>(201,919)<br>750,948<br>361,626<br>-<br>55,000<br>-<br>(9,767)<br>406,859<br>**Balance at**<br>**01/01/2025    Transfers**|
|---|---|
||967,481<br>-<br>55,000<br>614,556<br>(358,908)<br>1,278,129|



During the year the following transfers between funds took place: From Unrestricted funds :- 

- £7,000 to Restricted funds -  Missions and Charities for United Appeal annual donation 

- £174,362 to Restricted funds for the construction of the new manse 

- £35,000   to Restricted funds  for Missions and Charities 

From Restricted funds 

- £3,000 was transferred within restricted funds from the property fund to the missions and charities fund in lieu of grass cutting. 

Details of the objectives of  each fund can be found at note 1.2. 

## **26 Analysis of net assets between funds** 

|**Analysis of net assets between funds**||
|---|---|
|Tangible fixed assets<br>Cash at bank and in hand<br>Other net current assets/(liabilities)<br>Creditors of more than one year|**Unrestricted**<br>**Restricted**<br>**Restricted**<br>**funds**<br>**funds**<br>**L&P funds**<br>**Total**<br>**£**<br>**£**<br>**£**<br>**£**<br>550,884<br>406,859<br>957,743<br>121,170<br>211,447<br>332,617<br>(848)<br>(11,383)<br>(12,231)<br>-|
||120,322<br>750,948<br>406,859<br>1,278,129|



30