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 carr￿d 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 ge￿ra1 purFoses. Designated funds are genèral lunds $6t aside by the congregatr'on for use In the future. FIXED ASSETS Tangible Flxod Assets Tangible fixed assets lor use by charity are eapitalised rf they can be used for rnore Ihan on6 y8ar, and cost at18ast £2.500. They are valued at cost or, if gifted. at the value lo the Charity on re￿ipl. Dèpreciation is recorded on all tangible fixed assats other than fre8hold land, at rat8S C81¢ulated to write off the cost. less estlmatad resSdual valuo, of each assal over its expected useful life as follow5 Land Buildings Fixtures and equipment - over 50 years 25% to 33 113% straight lir Investments Investments quoted on a recognised stod( exchange are valued at mark8t val￿8 al the year end. Other investment assets afe inC￿ded al '$tees' best esbmate of ￿.