Presbyter an BALLYLOUGHAN CONGREGA ON OF THE PRESBYfERIAN CH RCH IN IRELAND ATEMENT OF FINANCIAL ACTIVITY FOR YEAR ENDED 31 DECEMBER 2025 UNRESTRIcfED RESTRIcfED FUNDS FUNDS TOTAL 2025 TOTAL 2024 Income and endowments from Donation5 and legacies Charitable actlvltles 225,366 14,742 226,544 55,106 451,910 69,848 395,702 24,458 Total 240,108 281,650 521,758 420,160 Expenditure on". Ralslng funcss Charitable activities 887 205,46L 887 350,704 888 271,246 145,243 Total 206,348 145,243 351,591 272,134 Net incomel(expenditure) Transfers betheen ftJnd5 Net movement in funds 33,760 1,421 35,181 136,407 {1,421) 134,986 170,167 148,026 170,167 148,026 Reconcbllatlon of fvnds: Totsl fU[S brought forward 162,897 991,147 1,154,044 1.006,018 Total funds carried forward 198,078 1.126.133 1,324,211 1,154,044 li
an IAN BALANCE SHEgr AS AT 31 DECEMBER 2025 NOTES UNREsfRIcfED FiJNDS REsfRicfED FUNDS TOTAL FUNDS 2025 TOTAL FUNDS 2024 FIXED ASSETS Tangible assets Total flxed a55ets 1,142,181 1,142,181 1,142,181 1,142,181 1,166.043 1,166,043 CURRENT ASSETS Debtors Cash at bank and In hand Total current assets io li 36,577 167,78L 204,35B 31,975 77,OD4 IOB,979 68,552 244,785 313,337 61,776 181,525 243,301 LIABILITIES Creditors.. amounts falling due within one year Creditors.. more than orE year Total Liabilities 12(1) 6,280 125,027 131,307 45,093 210,207 255,300 6,280 125,027 131,307 Net current assets 198,078 (16,048 182.030 (11,999) Total net assets 198,078 1126,133 1,324,211 1,154,044 FUNDS OF THE CHARITY Unresthcted funds Restricted funds 13 13 198,078 198,078 1,126,133 162,897 991,147 1,126,133 Total charity funds 198,078 1,126,133 1,324,211 1,154,044 Approved by the JQrk Session at a Meeng on 16th March 2026 and sfjgned on its behalf by Mr Stanley Warwick {Clerk of Session) Mr Colin Orr (Treasurer) Dated .. 16th March 2026 Dated .' 16th March 2026 12
an GH NGRE TION OF ThE pREsBER1AN CHURCH IN IRELAND STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2025 NOTES 2025 2024 Net Incomel(expendlture) 170,167 148,026 Adjustments to reconcile net incomel(expenditure) to net cash flows from operating activites Depreciats"on of tsngible fixed a55ets Net finance costs {Increase)/decrea5e in investsnents {Increase)Ideuease in debtors Inue3sel(deuea5e} In creditors 28,71 6,625 28,221 16,959 (6,776) (123,9931 12,286 {IM,020) Net cash inflow from operating acbvites 74,729 61,472 Cash ftows from Investing activities Interest received Payments to acquire tangible fixed assets {4,844) (69.287) Net cash Inflow from investlng actlvltles {4,844) (69,287) Nnandng activities Interest pald {6.625) (16,959) Net cash infowl(outflow) from financSng actlvites 16,625) 16,959) Net increa$e/(decrease) in cash and cash equivalents 63,260 {24,774) Cash and cash equivalents at l January 181,525 206,299 Cash and cash equivalents at 31 December li 244,785 181,525 13
an BALLYLO AN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 DECEMBER 2025 ACCOUNTING POLICIES Basis of financial statements The financial staternents have been prepared in accordan with Accounting and Reporting by Charities:Statements of Recommended Practi applicable to charities preparing their accounts In accordan with Flnanclal Reportlng Standard appllcable In the UK and Ireland (FRS102) (effectlve l January 2015). The financlal 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 thelr affiliation to another body, nor those that a infomal gatherings of church members. Fund accounting Restricted funds comprise revenue donations or grants for a specific congregational activity intended by the donor. whe these funds have unspent balance, interest on their pooled investment Is apportioned to the individual funds on an average basis. Unrestricted funds are income funds which are to be spent on the congregation's general purposes. Designated funds are general funds sel aside by the congregation for use in the future. Income resources Reco nition These are included in the Statement of Flnancial Activitie5 (5oFA} when: the congregatlon become5 entitled to the resources; the Irustees are virtually certain they will receive the resources; and the monetsry value can Èe measured wlth sufficient reliably. (i) ources in en iture Where incoming resource5 have related expenditure (as with fundraising income) the incomlng resource5 and related expendItU a reported gross in the SOFA. re ource ants an don Grants and donation5 are only incSuded in the SOFA when the congregation has uncondltlonal eTltitlement to the resour. (iv) claims on dona ion Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate. 14
an BALLYL UGHAN ONGREGATION OF THE PRESBrfERtAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 DECEMBER 2025 ACCOUNTING POLICIES - CONT'D (v) Contractu come and erformance related rants This is only included in the SOFA once the lated goods or services have been delivered. The value of any voluntary help received is not included in the accounts but IS described in the trustees, annual report. Expenditure and liabilties (vii) nition Liabilities are recognlsed as soon a5 there is a legal or constructlve obllgatlon committing the congregation to pay out resources. (viii) Govemance These are Shown within charitable activities and include the costs of preparation and examination of accounts, the costs of trustee meetings and cost of any legal advi to trustees on governan or constitutional matters. (ix) Grants with conditions Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are onty recognised in the SOFA On the recipient of the grant has provided the specified servi or output. (x) rant5 able witho ndition These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating lo the grant whlch remain in the control of the charity. (xi) Tan ed assets Tangible fExed assets for use by charity are capitalised if they can be used for more than one year, and cost at least £500. They are valued at Cost or, if gifted, at the value to the charity on re[pt. Depreciation is recorded on all tsngible fixed assets other than freehold land, at rates calculated to write off the cost, less estimated resldual value, of each asset over its expected useful life as follows.. Buildings Flxtures, fittings and equipment Computers, software and technical equlpment over 50 years over 10 years over 4 years 15
an LLYLOUGHAN CONGREGATION OF THE PRES8rfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 DECEMBER 2025 INCOME FROM DONATIONS AND LEGACIES UNRESTRIcfED FUNDS RESTRIED FUNDS TOTAL FUNDS 2025 TOTAL FUNDS 2024 Recorded giving Loose collections Donations and gifts Gift aid 186,836 6,298 337 31,895 225,366 167,091 353,927 6,298 27,815 63,870 451,910 298,321 6,545 32,529 58,307 395,702 27,478 31,975 226,544 INCOME FROM CHARITABLE AcfiviTIES UNRESTRICTED FUNDS RESTRICTED FUNDS TOTAL FUNDS 2025 TOTAL FUNDS 2024 Organisatlon income Sale of study books etc Income from church events m[lIaneouS income Grants 600 2,264 6,108 507 5,263 14,742 55,106 55,706 2,264 6,108 507 5,263 69,848 21,426 231 2,801 55,106 24,458 EXPENDITURE ON RAISING FUNDS UNRESTRicfED FUNDS REsfRICTED FUNDS TOTAL FUNDS 2025 TOTAL FUNDS 2024 FWO envelopes 887 887 887 887 888 888 16
an BALLYLOUGHAN CONGREGATI NOF RtAN NOTES TO THE ACCOUNTS 31 DECEMBER 2025 EXPENDrruRE ON CHARITABLE ACTIVITIES UNRESTRICTED RESTRIcfED FUNDS FUNDS TOTAL FUNDS 2025 TOTAL FUNDS 2024 General assanbly a55essments Presbytery fees Ministry and support Staff costs Congregational running expenses tknnations to Missions and charities Governance costs Depreaation charge and 1055 on disposal of assets 16,505 776 16,505 776 15,214 659 131,560 131,560 100,912 54,760 71,380 126,140 93,005 45,157 45,157 1,860 31,195 2,040 1,860 28,706 145,243 28,706 350,704 28,221 271,246 205,461 TRANSFERS BETWEEN FUNDS Unrestricted fvnds are Spent or applied at the discretion of the trltstees to futher any of the charity's purposes. Unrestricted funds may be used to supplement expenditure made from restricted funds. 17
an BALLYLO GHAN BrfERIAN IN IREL4ND NOTES TO THE ACCOUNTS 31 DECEMBER 2025 EMPLOYEES 2025 2024 Wages and salaries Social security costs Pension contributlons 67,418 37,836 777 68,195 134 37,970 Number of em ee5 The average num[r of employees during the year wa5 . 2025 2024 Average number ol employees There were no employees in receipt of employee benefits in eXsS of £60,000. The minister of the ConggatiOn Is employed by the Presbyierlan Church In Ireland whlch is a separate charity and ha5 not been reflected in the employee costs and average number of ernployee5 above. The congregation pays an assessment to the Presbyterian Church In Ireland for the mlnlster. The following payments were made durlng the year: 2025 2024 Wages and salaries Sodal security costs Pension contributions 41,045 6,243 7,183 54,471 39,657 5,188 9,517 54,362 18
an BALLYLOUGHAN C REGATION OF THE PRESBYfERIAN CHURCH IN IRE NOTES TO THE ACCOUNTS 31 DECEMBER 2025 PENSION COSTS The minister of the congregation is a member of the P$bytean Church in Ireland Pensh)n Scheme (2009). This is a scheme operated by the PSbyteri3n Church in Ireland, a separate registered charity. The congregation pays an a55es5ment to the Presbyterian Church in Ireland equivalent to the employerfs pension contribution for the Scheme and based on the stipend paid to the minster. The PrbYterlan Church in Ireland Pension Scheme {2009} 15 a funded scheme of the defined benefit typei providing defined benefits based on career average revalued salary. The scheme has assets held in a separately administered fund managed by a board of trustees. The Presbyterian Church and the Scheme Trustees have agreed a funding plan to ensure the Scheme is sufficiendy funded to meet current and future obligations. A fomial schedule of contributions was drawn up on 2 March 2022 whereby the Church agreed to pay 24.00/0 of pensionable salary to cover the accrual of benefits for future servi, expense5, the c05t of insuring death in 5eNi benefits and ftjnding the scheme deficit. A further Schedule was agreed on 31 December 2024 and valid for 5 years, whereby the church contribution was reduced to 17.50/0 of pensionable salary. The contributions made by the congregation during the year we. 2025 2024 Contributions 7,183 9,517 The congregation contributes to a defined contribution perlon scheme for one of its employees. The pension charge represents the contributions due from the conggatIOn during that year. 2025 2024 Contributions 777 134 19
an BAL YLO AN BYTERIAN C URCH IN IRELAND NOTES TO THE ACCOUNTS 31 DECEMBER 2025 TANGIBLE FIXED ASSETS BUILDINGS FIXTURES FINGs & EQUIPMENT COMPUTERS &TECHINCAL EQUIPMENT TOTAL COST OR VALUATION At start of year Additions Disposals 1,236,271 25,433 1,439 14,640 3,405 (4,300) 1,276,344 4,844 (4,300) At end of year 1,236,271 26,872 13,745 1,276,888 DEPRECIATION At start of year Provision for year 015posa15 BO,772 24,725 16,459 2,472 13,070 1,509 (4,300) 110,301 28,706 (4,300) At end of year 105,497 18,931 10,279 134,707 NET BOOK VALUE Al start of year 1,155,499 8,974 1,570 1,166,043 At end of year 1,130,774 7,941 3,466 1,142,181 20
an CONGRE ATtON OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 DECEMBER 2025 io DEBTORS UNRESTRicfED FUNDS REsfRIcfED FUNDS TOTAL FUNDS 2025 TOTAL FUNDS 20Z4 Gift Aid Recoverable Prepayments Sundry debtors 30,261 6,316 31,975 62,236 6,316 56,307 5,469 36,577 31,975 68,552 61,776 li CASH AT BANK AND IN HAND UNRERICTED FUNDS REsfRICTED FUNDS TOTAL FUNDS 2025 TOTAL FUNDS 2024 Bank ojrrent accounts Bank deposit account Cash in hand 117,506 50,275 76,627 194,133 50,275 377 244,785 181,280 24 221 181,525 377 77,004 167,781 12{i) CREDITORS: amounts falling due within one year UNRESfRIED FUNDS RERIED FUNDS TOTAL FUNDS 2025 TOTAL FUNDS 2024 ArualS and deferred Income Loans 6,280 4,080 120,947 125,027 10,360 120,947 131,307 6,950 38,143 45,093 6,280 12111) CREDITORS: amounts falllng due In more than one year UNRESTRICTED FUNDS REsfRIcfED FUNDS TOTAL FUNDS 2025 TOTAL FUNDS 2024 Loans 210,207 210,207 21
Presbyter an LLYLOUGHAN CON RE NOTES TO THE ACCOUNTS 31 DECEMBER 2025 13 FUND BALANCES AND RECONCILIATION OF FUNDS Fund BALANCE AT ART INCOME EXPEND TRANSFER BALANCE AT END UNRERICTED FUNDS General account 162,897 240,108 {206,3481 1,421 198,078 162,897 240,108 1206,348} 1,421 198,078 RESTRICTED FUNDS Missionary Other misslon suppwrt Property Community inltstive Klds church Girls Brlgade Boys Brigade Toddlers Mix Men'5 group 18.201 44,161 1,303 181,080 16,919 67 11,200 10,174 672 16,073 (43,854) (1,303) (61,203) (17,655) (74) (5,932) (1,957) (516) (12.749) 18,508 957,079 11,092 377 341 914 2,093 912 139 1,076,956 8,935 370 (1,421) 5,609 9,131 2,249 4,236 139 991,147 281,650 (145,243) {1,421) 1,126,133 TOTAL FUNDS 1,154,044 521,758 (351,591) 1.324,211 14 RELATED PARfY TRANSAcfIoN One of the Trustees, the mlnister of the congregation received remuneration of £41,045 and expenses of E7,388 for acting in that capacity. Penslon contributions of £7,183 were paid by the congregation In re5pert of the mlnlster to the Presbyterian Church In Ireland Pension Scheme (20091. Employer's NIC of £6,243 was paid to the Presbyterian Church In Ireland. None of the other trustee5 received any remuneratlon or expen5e5 during the year In connection with their duties. During the year the congregation contributed the followlng amounts to Funds of the General Assembly of the Presbyterian Churth in Ireland a separate charity £16,505 for congregational assessments £12,579 towards the United Appeal £4,300 towards Orphans and Children S(Kiety The congregatlon contributed £776 towarés Presbytery Assessments during the year. There were no other related party transactlons. 22