an Registered Charity in Northern Ireland NIC 105304 SECOND PRESBYTERIAN CHURCH SAINTFIELD A CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
SECOND PRESBYTEREAN CHURCH SAINTFIELD CONGREGATION OF THE PREsBYfERIAN CHURCH IN IRELAND Presbyter an SECOND PREsBYfEREAN CHURCH SAINTFieLD CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND statement of Financial Actlvlty forthe year ended 310e¢ember 2025 Unreslrl¢ted Restricted Endowment Total Total Note Funds Funds 2025 Funds 2025 2025 2025 2024 Incom & Endovmients from: Donation5 and Legacies Charitable Activiti85 Other Tradlng Aclfvitiès Inveslrnenls Other Total 131,345 69,424 30,734 200,769 30.734 5,823 3,230 3,217 243,773 159,276 35,421 6.745 7.519 500 209,461 5,823 1,006 581 3,217 103,956 1.643 138.174 1.643 Ex enditure on: Raising Funds Charitable actlvities Other Total 400 155.515 657 156,572 616 32,944 1.016 188.459 5.148 194,623 1.587 186.638 529 188.754 4,491 4,491 33,560 Net Ib55yGain on inve5trnents Net lexpendlturev income 118.3g81 70.3 12.8481 49.150 20.707 Transfers between funds Net movement in funds 118,3981 70,396 12,8481 4g,150 20.707 Funds brought forward 1,Y29.518 331,692 146.260 1,707.470 1.f86.763 Funds carrd fward 1.211,120 402,088 143.412 1.756,620 1.707,470
SECOND PRESBYTERIAN CHURCH SAINTFIELD CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND Presbyter an BALANCE SHE AS AT31 DECEMBER 2025 Notes 2025 2024 Flxed Assets Tangible Fixed Assets Inveslmenl8 10 1.153.335 1.174,449 99,991 146,260 1,253.326 1.320.709 CurrentAssets Debtors CBsh at bank and in hand 12 30.044 485.284 515.327 28,313 366,882 395.195 Creditors 13 112,0341 18.4341 Net Currènt A$spls 503.293 386,761 Net Assets 1,756,620 1.707,470 Funils Unreslrictad Funds Restricted Fund5 Endowment funds 14 14 1,211,120 1.229.518 402.088 331.692 143,412 146.260 14 1.756.620 1,707.470 Approved by the Kirk Session at a meeting on 1% Nl. 2owand signed on its behalf by Mr Scott Laldlaw r4r Bryan Rea
SECOND PRESBYfERIAN CHURCH SAINTFIELD CONGREGATEON OF THE PRESBYTERIAN CHURCH IN IRELAND Presbyter an ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS The financial statemènts have been prepar9d in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance wRh Financial Rew)rting Standard applicable in the UK 8nd Ireland IFRS1021 leffecllve 1 January 20151. The fEnancial statements have been prepared under the historical cost convention except lor investment assets. which 8re shown at market value. The financial statements include all transactions. assets and lièknlities for which the congregation is responsible in law. They do not include the accounts of church groups that owe their affillaliorj to another bDdy, nor those that are informal gatheriThJs of church members. In thè opinion of the Trustees. ther8 are no significant judgements. assumptions ow èstimates included in the financial statemenis, other than those described in the accounting policies below. FUND ACCOUNTING Endowment funds are funds. the capital of which musl be retained either p8rmanenlly or at the congregation's discretion: the income derived from the endowmenl is lo be used either as restricted or unrestricted income funds depending upon th8 purpose lor which the endowment W8s established in the first place. Reslrict8d funds eompri8e lal Income from endowrnents which Is to b8 &xpended only on the restrictad purposes intended by the donor and Ibl revenue donab'ons or grants foi a specific congregational aclsvity intended by the donor. Wherè these funds have unspent balances. interest on their FM)oled investment is appoilioned to the individual funds on an average balance basi5. Unrestricted funds are income funiys which ar8 to be spent on the congreg81ion'8 gera1 purFoses. Designated funds are genèral lunds $6t aside by the congregatr'on for use In the future. FIXED ASSETS Tangible Flxod Assets Tangible fixed assets lor use by charity are eapitalised rf they can be used for rnore Ihan on6 y8ar, and cost at18ast £2.500. They are valued at cost or, if gifted. at the value lo the Charity on reipl. Dèpreciation is recorded on all tangible fixed assats other than fre8hold land, at rat8S C81¢ulated to write off the cost. less estlmatad resSdual valuo, of each assal over its expected useful life as follow5 Land Buildings Fixtures and equipment - over 50 years 25% to 33 113% straight lir Investments Investments quoted on a recognised stod( exchange are valued at mark8t val8 al the year end. Other investment assets afe inCded al '$tees' best esbmate of . <et value.
SECOND PRESBYfEIUAN CHtIRCH SAINTFIELD CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND an 2. Donatlons & Legacles Unrestricted R•5tricted Endowment 2025 2025 2025 Total 2025 Recorded Giving Loose Co1CtIOnS Donations & Glfts Gift Ald 104,053 292 3.065 23,935 104,053 292 57,616 11.808 60,681 35.743 TOTAL 3. Charitable A1vItIeS Unrestricted Restrlct8d Endowrnen¢ 2025 2025 2025 Total 2025 Income from charitable activities Fundraising Events Fees from buTral fees Membership fees Grants 3.427 21,229 100 3,378 2,600 30,734 3.427 21,229 100 3.378 2.600 30.734 4. Other Tradlng Activitles Unrestrlcted Restrlcted Endowment 2025 2025 2025 Total 2025 Lattiro of Premises TOTAL 5.823 5.823 5,823 5,823 5. Investments UnrÈ$trlEtgd Restrl¢ted Endowment 2025 2025 2025 Totsl 2025 Dep05il Interest PCI General Investment Fund Nl Central Investment Fund TOTAL 1,006 581 1.587 1.643 1,643 1.643 3,230 1.006 581
SECOND PRESB)ryEIUAN CHURCH SAINTFIELD CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND an 6. Other Income Unrestricted Restricted Endowment 2025 2025 2025 Total 2025 other In)Me TOTAL 3.217 3,217 7. Ralslng Funds Unrestrlcted Restricted Endowment 2025 2025 2025 To¢al 2025 FWO Envetopes Fundraising Events TOTAL 400 400 616 616 400 616 8. Charltable Actlvities Unr8StrFCted R•strieted Endowmen¢ 2025 2025 2025 Total 2025 General Assèmbly Asse55ment Presbytery le8S Milstry and support staff Congregational running expense$ Donations to Mi55ions and Charitiès Governance Costs TOTAL 18,740 997 67.913 55,825 10,150 1,890 155.515 18,740 gg7 67.913 84.096 14,823 1,890 188459 28,271 4,673 32,944 9. Other Expenditure Unrèstricted Restrlcted Endowment 2025 2025 2025 Total 2025 Other Expenses TOTAL 657 4.491 4,491 657 5.148
SECOND PRESBYTERIAN CHURCH SAINTFIELD CONGREGATION OFTHE PRESBYTERIAN CHURCH IN IRELAND an 10. Fixed Assets Fixtures & Fittings Land Bulldlngs Total Cost As al 1 January 2025 379.500 961.510 19.077 1,360,087 Addtlions As at 31 Dember 2025 379,500 961,510 19,077 1,360,087 Depreclatlon A5 at 1 January 2025 172,171 13,467 185,638 Charge for the year 1.884 21.114 As at 31 December 2025 191.401 206.752 N•t Book Value As at 31 Decemb8r 2025 As at 1 January 2025 379,500 379,500 770 109 3.726 5.610 1 153.335 1.174.449 789,339 11. Investments 2025 2024 PCI General Investment Fund Nl Central Investrnent Fund 99,991 104,482 41.778 146.260 99.991 Value at 1 January 2025 Dlsposal Gain51llosses on ValuatiOn) Value 31 December 2025 146.260 141,7781 4.491 99.991 140,166 6.094 148,260 12. Debtors 2025 2024 Gift Aid Recoverable Olh8r Debtors Prepayments 9,201 16.082 4,761 7,643 16,082 4.588 28.313
SECOND PRESBYfERIAN CHURCH SAINTFIELD CONGREGATION OF THE PRE5BERIAN CHURCII IN IRELAND Presbyter an 13. Creditors 2025 2024 Accruals 8,434 8,434 12,034 14 Fund Balances FUND BALANCE RECEIPTS PAYMENT SURPLUSI TRANSFER BALANCE (DEFICIT AT END AT START Unrestricted funds Generd account 1229.518 138,174 1.229518 138.174 18,398 18.398 0 1,211,120 0 1.211.120 158572 Restrictod funds Church Property Accounts Churth Organisations account 304.776 89,339 116,8641 16,696 33,560 72,475 2,079 70,396 377,251 24,837 402.088 331,692 103,956 Endowment funds PCI General Invesirn8nl Fund Nl Central Investm&nt Funcl lor Charities 104,482 14,4911 14.4911 99,991 41.778 146,260 1.643 1,643 1,643 12.8481 43,421 143.412 14,4911 Total 1.707,470 243,773 194,623 49.150 1,756.620 15. Transa¢tlons wlth Truslees No trust&& re¢eiv8d any renuTh8ration or reifflbursement of expenses during the year. other than Rgv John Torren$ in rek2lion to his engaoemonl as minister. The total rernuneration paid excludino pension and Scckql securpyi rA)sts was £41.65312024.' £41.- ,51.