Charity registration number: 105331 

## First Lisburn Presbyterian Church 

Annual Report and Financial Statements 

for the Year Ended 31 December 2024 



## **First Lisburn Presbyterian Church** 

## **Contents (continued)** 

|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 8|
|Independent Examiner's Report|9 to 10|
|Statement of Financial Activities|11|
|Balance Sheet|12|
|Notes to the Financial Statements|13 to 21|





## **First Lisburn Presbyterian Church** 

## **Reference and Administrative Details** 

Mr D Anderson Miss M Craig Prof J Davis Mr M Elliot Mrs K Finlay Mr D Flinn Mrs S Hammonds Mrs L J Hanna Mr T Kinkead Dr M J Lees Mr R C McCall Mr G McKeown Mrs L McWatters Mr R Millen Mr E Parks Mr P Reid Mrs K Robinson Mrs C Russell Mrs M Stainland Miss M Thompson Mr A Fitzpatrick 

## **Trustees** 

**Other Officers** Mr A Fitzpatrick **Charity Registration Number** 105331 **Principal Office** 49 Market Square South Lisburn Northern Ireland BT281AD **Independent Examiner** RBCA Limited Chartered Accountants Linenhall Exchange 26 Linenhall Street Belfast BT2 8BG 

Page 1 



## **First Lisburn Presbyterian Church** 

## **Trustees' Report** 

The trustees present the annual report together with the financial statements of the charity for the year ended 31 December 2024. 

## **Structure, governance 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 twice in each year or as appropriate. 

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 two-thirds of the votes. 

## **Presbytery** 

Under the Presbyterian Church in Ireland’s form of governance, the corporate oversight of a congregation is the responsibility of a Presbytery, which generally superintends the spiritual and temporal affairs of the congregations assigned to it by the General Assembly of the Presbyterian Church in Ireland. The First Lisburn congregation of the 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, ministers who have retired from active duty and an elder appointed by the Kirk Session of the 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 ministers and a representative elder appointed by the Kirk Session of each congregation. 

## **Description and purpose** 

The charitable purpose of the congregation is the advancement of religion. 

Page 2 



## **First Lisburn Presbyterian Church** 

## **Trustees' Report (continued)** 

First Lisburn Congregation of the 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 members to play their part in fulfilling God’s mission to our world. 

In First Lisburn Presbyterian Church, we seek: 

- to worship the Triune God, Father, Son, and Holy Spirit; 

- to reconcile our multiple identities with our Presbyterian traditions; 

- to contextualise what it means to be and belong to the Christian Church. 

Living in the city of Lisburn: 

**We are disciples together** - We have experienced the grace, truth, and love of Jesus Christ in our lives, and we witness to what we know in word and in deed. 

**We are gifted** - God has given us gifts and talents, known and unknown, to share. We encourage one another to discover and then offer our gifts for God’s glory in the church and the world. 

**We are a family** - We are one family comprising many individuals and all kinds of families. We recognise our diversity, and we value the individual. We value our staff team and our many volunteers. We like to welcome new members. We are open to learn from each other. 

**We are relational** - We nurture deep relationships between people. Moving beyond the superficial, we encourage each person to talk more about their faith, to share their doubts, to help one another in times of trouble, to celebrate with one another in times of joy and to comfort one another in times of sorrow. We are committed to good working community relationships with our local churches. 

**We are joyful** - We enjoy being together socially and in study. We like one another’s company as we worship, work, and serve together. 

**We are engaged with the Community** - We believe that God has particular concern for the poor, the hungry, the marginalised in our community and in our world. We believe that God invites us to enjoy good community relations and to live in peace. We see ourselves as being part of the solution to the needs of the day. The work of The Downtown Project is a significant part of our engagement with the Community. 

**We are inclusive** - We are open and inclusive. We welcome people along a broad theological spectrum. We meet men, women and young people where they are and offer them space to grow in their Christian faith. 

**We are thoughtful** - We cherish and encourage thoughtful study and dialogue. We are open to new ways that will empower us to action and help us to witness to our Faith in this day and age. We are open to new ideas and to the leading of the Spirit in this age. 

**We give permission** - We see the value of risking new initiatives and having new ideas. We trust our leaders, and we value teams. 

**We are Presbyterian** - We are Presbyterians, open to being continually reformed and changed by the word and the love of God in response to the changing world in which we live. At the same time, we rejoice in our many inter-church families and members who come from other faith traditions and none. 

**We are on the move!** - God is calling us into a dynamic future. We respect tradition but are learning not to be bound by it. We appreciate our past, celebrate our present, and look forward to the future. 

Page 3 



## **First Lisburn Presbyterian Church** 

## **Trustees' Report (continued)** 

**We are in the City** . We are here for the City. Our doors need to be open. We are also a church for a gathered people who choose to worship in FLPC because of who we are. 

## **Objectives and activities** 

## _**Objects and aims**_ 

The congregation meets for worship each Sunday, and visitors are welcome. Throughout the year, the main Christian festivals, including Harvest Thanksgiving, are celebrated at worship services and through other related activities. The Sacrament of the Lord’s Supper is observed regularly, both formally and informally. New communicant members are received on profession of faith. The Sacrament of Baptism is administered throughout the year. Marriage ceremonies and Services of Thanksgiving (i.e. Funeral Services) are held when requested. 

## Other activities include: 

## Sunday School and Bible Class 

The Sunday School meets during Church services from September to June. Classes are grouped according to the age of the children. The teachers operate on a rota basis. The curriculum is shaped by bought-in course materials and is based on Biblical stories and themes, and involves activities for the children. The Sunday School children also participate in worship. 

## Youth Fellowship 

Our Youth Fellowship meet on a Friday evening for a varied programme of activities, food, and fellowship. There are approximately fifteen members and four leaders each week from the congregation. The group go on various outings on a monthly basis. 

## Presbyterian Women 

The group meets typically on the second Tuesday of each month from September to April. Guest speakers are invited to speak on a variety of themes. There is a focus on mission, and funds are raised for various missionary endeavours, including the work of the Mission Councils of the Presbyterian Church in Ireland. 

## Girls’ Brigade 

The company meets on Monday nights from September to April. Alongside the normal badge work and Bible class programme, the company participates in sporting competitions, and various special events are organised. 

## Choir and Praise Team 

Worship is led by a Choir and a Praise Team. Choral pieces are performed by the choir on special occasions (Christmas, Easter, Remembrance Day, etc.) and at other occasions during the Christian year. The Praise Team prepares and performs special music for every service. 

## Church Magazine 

A church magazine is produced three times per year. It contains reports of past and forthcoming events and items contributed by members. It is distributed to members by the Elders and is available online. 

Page 4 



## **First Lisburn Presbyterian Church** 

## **Trustees' Report (continued)** 

## _**Public benefit**_ 

The Presbyterian Church in Ireland meets the public benefit requirement by providing benefit to its members and the general public by making known the Christian Gospel of the Lord Jesus Christ through the advancement of religion. 

The direct benefits which flow from the purposes of the Church include the gaining of an 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. 

The purpose does not lead to harm. The only private benefit flowing from our purpose is related to 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. 

The Kirk Session has had regard to the Charity Commissions Public benefit requirement statutory guidance. 

Page 5 



## **First Lisburn Presbyterian Church** 

## **Trustees' Report (continued)** 

## **Achievements and performance** 

## Worship and prayer 

Music is an integral part of our worship experience, and the organ and piano accompany congregational singing. The congregation also participates in worship through readings and responses. Prayer for others is an essential part of congregational life. We have an active Prayer Ministry Team, and each Sunday, a printed announcement sheet is available. 

Choir and Praise Team Worship is led by a Choir and a Praise Team. Choral pieces are performed by the choir on special occasions (Christmas, Easter, Remembrance Day, etc) and at other occasions during the Christian year. The Praise Team prepares and performs special music for every service. 

As of 31 December 2024, the congregation had 243 communicant members and 247 families connected to it. The average weekly attendance at morning worship is 100. 

## Pastoral care 

Members of the congregation who are unable to attend church due to sickness or age are visited by the minister and/or pastoral personnel. Members are visited when they are in hospital and residential or nursing homes; elders and committee members are allocated a district area. Members are encouraged to contact the minister or pastoral minister as need arises. 

## Mission and outreach 

The activities of local charities are publicised in congregational literature, and members are encouraged to support and play an active part in their work. Many members have taken up this challenge. 

The congregation supports the United Appeal, 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. The congregation also contributes to the denomination's annual World Development Appeal, Sunday School and Youth projects and any other special appeals. 

We have a Coffee Dock, which is used every week for outreach to the community. We support our local CAP centre and Lisburn Food Bank regularly. We have a range of Bible studies and House groups. We have a very active and well-supported Christian Aid Group. The Dr William Boyd Memorial Fund provides resources for training. 

## Presbytery 

The congregation was represented at the regular meetings of Presbytery by our minister and one of the elders. This provides an important link between the congregations and the broader structures of the church. 

## General Assembly 

The minister and one of our elders were nominated to attend the meeting of the General Assembly of the Presbyterian Church in Ireland held in the Assembly Buildings, Belfast, in June. 

## Property 

During the year, basic maintenance was carried out. 

## Organisations 

We have: 

Page 6 



## **First Lisburn Presbyterian Church** 

## **Trustees' Report (continued)** 

Sunday School and Youth Bible Class 

FLY - First Lisburn Youth 

PW 

Bible Studies and House groups 

Girls Brigade 

Coffee Dock Teams 

Christian Aid Teams 

Downtown volunteers 

Cleaning Teams 

Prayer Ministry 

## 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. 

## **Financial review** 

The congregation’s primary source of income is members’ contributions through the Weekly Freewill Offering. The 2024 accounts are prepared on an accrual basis. Total income for the year was £204,164 compared to £220,614 in 2023, of which £141,386 related to donations, including gift aid. The total surplus for the year was £31,091 ((2023: Deficit £4,827). This resulted in net assets at 31 December 2024 of £1,261,941, of which £776,443 is held for restricted purposes. 

## **Trustees and officers** 

The trustees and officers serving during the year and since the year end are listed on page 1. 

## **Statement of Trustees' Responsibilities** 

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. 

The law applicable to charities requires the trustees to prepare financial statements for each financial 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 these financial statements, the trustees are required to: 

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles in the Charities SORP; 

- make judgements and estimates that are reasonable and prudent; 

- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. 

Page 7 



## **First Lisburn Presbyterian Church** 

## **Trustees' Report (continued)** 

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

24 Oct 2025 

The annual report was approved by the trustees of the charity on .................... and signed on its behalf by: 

M E Thompson 

......................................... Miss M Thompson Trustee 

Alexander Fitzpatrick 

......................................... Mr A Fitzpatrick Other officer 

Page 8 



## **First Lisburn Presbyterian Church** 

## **Independent Examiner's Report to the trustees of First Lisburn Presbyterian Church** 

I report to the trustees on my examination of the accounts of First Lisburn Presbyterian Church for the year ended 31 December 2024. 

## **Responsibilities and basis of report** 

As the charity’s trustees of First Lisburn Presbyterian Church you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act (Northern Ireland) 2008 (‘the Act’). 

Having satisfied myself that the charity is not subject to audit under company law, and is eligible for independent examination, it is my responsibility to: 

- examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008; 

• follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act; and 

- state whether particular matters have come to my attention. 

## **Basis of independent examiner’s report** 

My examination was carried out in accordance with the general directions given by the CharityCommission for Northern Ireland under section 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as charity trustees concerning any such matters. 

My role is to state whether any material matters have come to my attention giving me cause to believe: 

1. That accounting records were not kept in accordance with section 386 of the Companies Act 2006; 

2. That the accounts do not accord with those accounting records; 

3. That the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the 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; and 

4. That there is further information needed for a proper understanding of the accounts to be reached. 

## **Independent examiner’s statement** 

I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. 

Page 9 



## **First Lisburn Presbyterian Church** 

## **Independent Examiner's Report to the trustees of First Lisburn Presbyterian Church (continued)** 

Brian Stewart 

...................................... Brian Stewart RBCA Limited Chartered Accountants 

Linenhall Exchange 26 Linenhall Street Belfast BT2 8BG 

27 Oct 2025 Date:............................. 

Page 10 



## **First Lisburn Presbyterian Church** 

## **Statement of Financial Activities for the Year Ended 31 December 2024** 

|**Note**<br>**Income and Endowments from:**<br>Donations and legacies<br>Charitable activities<br>Investment income<br>4<br>Other income<br>Total income<br>**Expenditure on:**<br>Charitable activities<br>Total expenditure<br>Gains/losses on investment<br>assets<br>Net income/(expenditure)<br>Gross transfers between<br>funds<br>Net movement in funds<br>**Reconciliation of funds**<br>Total funds brought forward<br>Total funds carried forward<br>14|**Unrestricted**<br>**funds**<br>**£**<br>124,216<br>-<br>99<br>36,855<br>161,170<br>(131,924)<br>(131,924)<br>-<br>29,246<br>3,750<br>32,996<br>452,502<br>485,498|**Restricted**<br>**funds**<br>**£**<br>17,170<br>25,824<br>-<br>-<br>42,994<br>(41,149)<br>(41,149)<br>-<br>1,845<br>(3,750)<br>(1,905)<br>778,348<br>776,443|**Total**<br>**2024**<br>**£**<br>141,386<br>25,824<br>99<br>36,855<br>204,164<br>(173,073)<br>(173,073)<br>-<br>31,091<br>-<br>31,091<br>1,230,850<br>1,261,941|**Total**<br>**2023**<br>**£**<br>145,234<br>34,278<br>78<br>41,024|
|---|---|---|---|---|
|||||220,614|
|||||(225,943)|
|||||(225,943)<br>503|
|||||(4,826)<br>-|
|||||(4,826)<br>1,235,676|
|||||1,230,850|



All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2023 is shown in note 14. 

The notes on pages 13 to 21 form an integral part of these financial statements. Page 11 



## **First Lisburn Presbyterian Church** 

## **(Registration number: 105331) Balance Sheet as at 31 December 2024** 

|**Note**<br>**Fixed assets**<br>Tangible assets<br>9<br>Investments<br>10<br>**Current assets**<br>Debtors<br>11<br>Cash at bank and in hand<br>12<br>**Creditors: Amounts falling due within one year**<br>13<br>**Net current assets**<br>**Net assets**<br>**Funds of the charity:**<br>**Restricted income funds**<br>Restricted funds<br>**Unrestricted income funds**<br>Unrestricted funds<br>**Total funds**<br>14|**2024**<br>**£**<br>995,561<br>8,801<br>1,004,362<br>36,001<br>228,145<br>264,146<br>(6,567)<br>257,579<br>1,261,941<br>776,443<br>485,498<br>1,261,941|**2023**<br>**£**<br>995,561<br>8,801|
|---|---|---|
|||1,004,362|
|||33,678<br>219,218|
|||252,896<br>(26,408)|
|||226,488|
|||1,230,850|
|||778,348<br>452,502|
|||1,230,850|



The financial statements on pages 11 to 21 were approved by the trustees, and authorised for issue on ....................23 Oct 2025 and signed on their behalf by: 

## Alexander Fitzpatrick 

......................................... Mr A Fitzpatrick Other officer 

The notes on pages 13 to 21 form an integral part of these financial statements. Page 12 



## **First Lisburn Presbyterian Church** 

## **Notes to the Financial Statements for the Year Ended 31 December 2024** 

## **1 Accounting policies** 

## **General information** 

The charity is a public benefit entity and a registered charity in Northern Ireland and is unincorporated. The address of the principal office is 49 Market Square South, Lisburn, BT28 1AD, Northern Ireland. 

## **Statement of compliance** 

The Charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable in the United Kingdom and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act (Northern Ireland) 2018, and the Charities (Accounts and Reports) Regulations (Northern Ireland) 2015, and UK Generally Accepted Accounting Practice. 

## **Basis of preparation** 

First Lisburn Presbyterian Church meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. 

The financial statements are presented in sterling, which is the functional currency of the entity. The level of rounding is to the nearest £1. 

## **Going concern** 

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. 

## **Income and endowments** 

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability. 

## _**Donations and legacies**_ 

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured. 

## _**Investment income**_ 

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank. 

Page 13 



## **First Lisburn Presbyterian Church** 

## **Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)** 

## **Expenditure** 

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs. 

## _**Charitable activities**_ 

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. 

## **Support costs** 

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. 

## **Taxation** 

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. 

## **Tangible fixed assets** 

Individual fixed assets are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. 

## **Depreciation and amortisation** 

**Asset class Depreciation method and rate** Land and Building Not Depreciated 

## **Fixed asset investments** 

Fixed asset investments, other than programme related investments, are included at market value at the balance sheet date. Realised gains and losses on investments are calculated as the difference between sales proceeds and their market value at the start of the year, or their subsequent cost, and are charged or credited to the Statement of Financial Activities in the period of disposal. 

Unrealised gains and losses represent the movement in market values during the year and are credited or charged to the Statement of Financial Activities based on the market value at the year end. 

Page 14 



## **First Lisburn Presbyterian Church** 

## **Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)** 

## **Trade debtors** 

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. 

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables. 

## **Cash and cash equivalents** 

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. 

## **Borrowings** 

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing. 

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. 

Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date. 

## **Fund structure** 

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity. 

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. 

## **2 Income from donations and legacies** 

|Donations<br>Freewill offering<br>Donations<br>Special Donations|**Unrestricted**<br>**funds**<br>**General**<br>**£**<br>118,120<br>6,096<br>-<br>124,216|**Restricted**<br>**funds**<br>**£**<br>-<br>-<br>17,170<br>17,170|**Total**<br>**2024**<br>**£**<br>118,120<br>6,096<br>17,170<br>141,386|**Total**<br>**2023**<br>**£**<br>116,671<br>2,236<br>26,327|
|---|---|---|---|---|
|||||145,234|



Page 15 



## **First Lisburn Presbyterian Church** 

## **Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)** 

## **3 Income from charitable activities** 

|**Income from charitable activities**||||
|---|---|---|---|
|Youth Income<br>Organisational Income|**Restricted**<br>**funds**<br>**£**<br>12,139<br>13,685<br>25,824|**Total**<br>**2024**<br>**£**<br>12,139<br>13,685<br>25,824|**Total**<br>**2023**<br>**£**<br>22,142<br>12,136|
||||34,278|



## **4 Investment income** 

|Interest income<br>**Total for 2024**<br>**Total for 2023**|**Unrestricted**<br>**funds**<br>**General**<br>**£**<br>99<br>99<br>78|**Total**<br>**funds**<br>**£**<br>99|
|---|---|---|
|||99|
|||78|



## **5 Other income** 

|Accommodation income<br>Rental income<br>**6**<br>**Expenditure on charitable activities**<br>**Note**<br>Charitable activities<br>**Total for 2023**|**Unrestricted**<br>**funds**<br>**General**<br>**£**<br>528<br>36,327<br>36,855<br>**Unrestricted**<br>**funds**<br>**General**<br>**£**<br>131,924<br>161,454|**Total**<br>**2024**<br>**£**<br>528<br>36,327<br>36,855<br>**Restricted**<br>**funds**<br>**£**<br>41,149<br>64,489|**Total**<br>**2023**<br>**£**<br>5,383<br>35,641|
|---|---|---|---|
||||41,024|
||||**Total**<br>**funds**<br>**£**<br>173,073|
||||225,943|



Page 16 



## **First Lisburn Presbyterian Church** 

## **Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)** 

## **7 Staff costs** 

Total staff costs and employee benefits in the year is £60,643 (2023: £69,257) 

The average head count of employees during the year was 2 (2023: 2). The average number of full-time equivalent employees during the year is analysed for the year is 2 (2023: 2). 

Page 17 



## **First Lisburn Presbyterian Church** 

## **Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)** 

## **8 Taxation** 

The charity is a registered charity and is therefore exempt from taxation. 

## **9 Tangible fixed assets** 

|**Cost**<br>At 1 January 2024<br>At 31 December 2024<br>**Depreciation**<br>At 31 December 2024<br>**Net book value**<br>At 31 December 2024<br>At 31 December 2023<br>**10 Fixed asset investments**<br>Other investments||**Land and**<br>**buildings**<br>**£**<br>995,561||**Total**<br>**£**<br>995,561<br>995,561<br>-<br>995,561<br>995,561<br>**2023**<br>**£**<br>8,801|
|---|---|---|---|---|
|||995,561<br>-|||
|||995,561|||
|||995,561|||
|||**2024**<br>**£**<br>8,801|||



Page 18 



## **First Lisburn Presbyterian Church** 

## **Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)** 

## **Other investments** 

|**Cost or Valuation**<br>At 1 January 2024<br>At 31 December 2024<br>**Net book value**<br>At 31 December 2024<br>At 31 December 2023<br>**11 Debtors**<br>Prepayments<br>Other debtors<br>**12 Cash and cash equivalents**<br>Cash at bank<br>**13 Creditors: amounts falling due within one year**<br>Other taxation and social security<br>Other creditors<br>Accruals||**Unlisted**<br>**investments**<br>**£**<br>8,801||**Total**<br>**£**<br>8,801<br>8,801<br>8,801<br>8,801<br>**2023**<br>**£**<br>1,698<br>31,980|
|---|---|---|---|---|
|||8,801|||
|||8,801|||
|||8,801|||
|||**2024**<br>**£**<br>5,811<br>30,190<br>36,001<br>**2024**<br>**£**<br>228,145<br>**2024**<br>**£**<br>219<br>4,500<br>1,848<br>6,567|||
|||||33,678|
|||||**2023**<br>**£**<br>219,218|
|||||**2023**<br>**£**<br>-<br>4,501<br>21,907|
|||||26,408|



Page 19 



## **First Lisburn Presbyterian Church** 

## **Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)** 

## **14 Funds** 

|**14 Funds**|||||||||
|---|---|---|---|---|---|---|---|---|
|**Unrestricted funds**<br>General<br>**Restricted funds**<br>**Total funds**<br>**Unrestricted funds**<br>General<br>**Restricted funds**<br>**Total funds**<br>**Restricted Fund analysis**<br>Manse<br>Boyd Memorial<br>Youth<br>Property<br>Project 325<br>Special Collections<br>Organisations|**Balance at**<br>**1 January**<br>**2024**<br>**£**<br>**Incoming**<br>**resources**<br>**£**<br>452,502<br>161,170<br>778,348<br>42,994<br>1,230,850<br>204,164<br>**Balance at**<br>**1 January**<br>**2023**<br>**£**<br>**Incoming**<br>**resources**<br>**£**<br>83,444<br>160,512<br>1,152,232<br>60,605<br>1,235,676<br>221,117<br>**Balance at**<br>**1 January**<br>**2024**<br>**Incoming**<br>**Resources**<br>**£**<br>**£**<br>637<br>**-**<br>1,730<br>**-**<br>20,306<br>12,139<br>68,120<br>-<br>667,162<br>**-**<br>7,724<br>17,170<br>12,669<br>13,685<br>778,348<br>42,994|**Incoming**<br>**resources**<br>**£**<br>161,170<br>42,994|**Resources**<br>**expended**<br>**£**<br>(131,924)<br>(41,149)<br>(173,073)<br>**Resources**<br>**expended**<br>**£**<br>(161,454)<br>(64,489)<br>(225,943)<br>**Resources**<br>**expended**<br>**£**<br>**-**<br>**-**<br>(14,270)<br>**-**<br>**-**<br>(17,153)<br>(9,726)<br>(41,149)|**Resources**<br>**expended**<br>**£**<br>(131,924)<br>(41,149)|**Transfers**<br>**£**<br>3,750<br>(3,750)<br>-<br>**Transfers**<br>**£**<br>370,000<br>(370,000)<br>-<br>**Transfers**<br>**£**<br>**-**<br>**-**<br>**-**<br>**-**<br>-<br>**-**<br>(3,750)<br>(3,750)|**Transfers**<br>**£**<br>3,750<br>(3,750)|**Balance at**<br>**31**<br>**December**<br>**2024**<br>**£**<br>485,498<br>776,443<br>1,261,941<br>**Balance at**<br>**31**<br>**December**<br>**2023**<br>**£**<br>452,502<br>778,348<br>1,230,850<br>**Balance at**<br>**31**<br>**December**<br>**2024**<br>**£**<br>637<br>1,730<br>18,175<br>68,120<br>667,162<br>7,741<br>12,878<br>776,443|**Balance at**<br>**31**<br>**December**<br>**2024**<br>**£**<br>485,498<br>776,443|
|||204,164||(173,073)||-||1,261,941|
|||**Incoming**<br>**resources**<br>**£**<br>160,512<br>60,605||**Resources**<br>**expended**<br>**£**<br>(161,454)<br>(64,489)||**Transfers**<br>**£**<br>370,000<br>(370,000)||**Balance at**<br>**31**<br>**December**<br>**2023**<br>**£**<br>452,502<br>778,348|
|||221,117||(225,943)||-||1,230,850|



Page 20 



## **First Lisburn Presbyterian Church** 

## **Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)** 

## **Organisational Accounts** 

|Coffee Dock<br>Choir<br>Presbyterian Women<br>GB|**Balance at**<br>**1 January**<br>**2024**<br>**£**<br>7,765<br>494<br>418<br>3,992<br>12,669|**Incoming**<br>**Resources**<br>**£**<br>6,497<br>50<br>2,424<br>4,714<br>13,685|**Resources**<br>**Expended**<br>**£**<br>(3,957)<br>(215)<br>(2,405)<br>(3,149)<br>(9,726)|**Transfers**<br>**£**<br>(3,750)<br>**-**<br>**-**<br>**-**<br>(3,750)|**Balance at**<br>**31**<br>**December**<br>**2024**<br>**£**<br>6,555<br>329<br>437<br>5,557|
|---|---|---|---|---|---|
||||||12,878|



Project 325 was initiated to carry out a refurbishment of the main church building. For the purposes of these accounts the church building will be treated as a restricted asset due to the nature of the asset. 

Special Collections are restricted by the condition that donors expect funds to be spent on these missions and charities. 

Organisation funds are restricted as the funds may only be spent on the activities of the organisation. 

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

|Tangible fixed assets<br>Fixed asset investments<br>Current assets<br>Current liabilities<br>Total net assets<br>Tangible fixed assets<br>Current assets<br>Current liabilities<br>Total net assets|**Unrestricted**<br>**funds**<br>**General**<br>**£**<br>328,399<br>8,801<br>154,865<br>(6,567)<br>485,498<br>**Unrestricted**<br>**funds**<br>**General**<br>**£**<br>378,802<br>100,109<br>(26,409)<br>452,502|**Restricted**<br>**funds**<br>**£**<br>667,162<br>-<br>109,281<br>-<br>776,443<br>**Restricted**<br>**funds**<br>**£**<br>625,561<br>152,787<br>-<br>778,348|**Total funds**<br>**at 31**<br>**December**<br>**2024**<br>**£**<br>995,561<br>8,801<br>264,146<br>(6,567)|
|---|---|---|---|
||||1,261,941|
||||**Total funds**<br>**at 31**<br>**December**<br>**2023**<br>**£**<br>1,004,363<br>252,896<br>(26,409)|
||||1,230,850|



Page 21 




## **Issuer** 

RBCA Ltd 

**Document generated** Tue, 21st Oct 2025 11:37:20 BST **Document fingerprint** 3d32ff0de48e1074a582dd6d70cc1a4b 

## **Parties involved with this document** 

## **Document processed** 

## **Party + Fingerprint** 

Thu, 23rd Oct 2025 17:51:02 BST Fri, 24th Oct 2025 11:16:01 BST Mon, 27th Oct 2025 10:34:41 GMT Mon, 27th Oct 2025 10:35:45 GMT 

A Fitzpatrick - Signer (1169a7baec0eed814fd837fd3ad46c8a) M Thompson - Signer (1c1f333e0a643ccb5175b854f48043f2) Brian Stewart - Signer (5c55756c86853354d7ae113054856e0a) RBCA Limited - Signer (df889035388f71b9730d0e165efd6f1a) 

## **Audit history log** 

## **Date** 

## **Action** 

Tue, 21st Oct 2025 11:37:20 BST Tue, 21st Oct 2025 11:37:21 BST Tue, 21st Oct 2025 11:37:21 BST Tue, 21st Oct 2025 13:16:18 BST Wed, 22nd Oct 2025 9:30:05 BST 

Wed, 22nd Oct 2025 9:30:05 BST Thu, 23rd Oct 2025 17:35:27 BST Thu, 23rd Oct 2025 17:36:58 BST Thu, 23rd Oct 2025 17:36:58 BST Thu, 23rd Oct 2025 17:43:09 BST Thu, 23rd Oct 2025 17:44:30 BST Thu, 23rd Oct 2025 17:44:41 BST Thu, 23rd Oct 2025 17:51:02 BST Thu, 23rd Oct 2025 17:51:03 BST 

Envelope generated by Jane Gill (2.217.56.178) Document generated with fingerprint 3d32ff0de48e1074a582dd6d70cc1a4b (2.217.56.178) Document generated with fingerprint c1f3fb2f5e750ad2fd28bf66b113a410 (2.217.56.178) Document generated with fingerprint 50782d0266e4df31ab3ab7059937c992 (2.217.56.178) Sent the envelope to A Fitzpatrick (sandy.fitzpatrick95@gmail.com) for signing (188.66.74.80) Document emailed to sandy.fitzpatrick95@gmail.com A Fitzpatrick opened the document email. (194.32.31.240) A Fitzpatrick opened the document email. (194.32.31.240) A Fitzpatrick opened the document email. (194.32.31.240) A Fitzpatrick opened the document email. (194.32.31.240) A Fitzpatrick viewed the envelope (194.32.31.1) A Fitzpatrick viewed the envelope (85.210.241.4) A Fitzpatrick signed the envelope (194.32.31.1) Sent the envelope to M Thompson (methompson2003@yahoo.co.uk) for signing (194.32.31.1) 

Document emailed to methompson2003@yahoo.co.uk 

Thu, 23rd Oct 2025 17:51:03 BST 



Thu, 23rd Oct 2025 17:51:15 BST Thu, 23rd Oct 2025 17:52:11 BST Thu, 23rd Oct 2025 18:19:44 BST Thu, 23rd Oct 2025 21:24:38 BST Fri, 24th Oct 2025 0:28:48 BST Fri, 24th Oct 2025 11:13:14 BST Fri, 24th Oct 2025 11:13:22 BST Fri, 24th Oct 2025 11:13:31 BST Fri, 24th Oct 2025 11:16:02 BST Fri, 24th Oct 2025 11:16:02 BST 

Fri, 24th Oct 2025 11:16:02 BST Fri, 24th Oct 2025 14:49:07 BST Fri, 24th Oct 2025 18:40:20 BST Fri, 24th Oct 2025 18:58:47 BST Fri, 24th Oct 2025 21:18:45 BST Sat, 25th Oct 2025 19:56:36 BST Mon, 27th Oct 2025 10:14:59 GMT Mon, 27th Oct 2025 10:15:00 GMT Mon, 27th Oct 2025 10:26:43 GMT Mon, 27th Oct 2025 10:26:55 GMT Mon, 27th Oct 2025 10:34:41 GMT Mon, 27th Oct 2025 10:34:41 GMT 

Mon, 27th Oct 2025 10:34:41 GMT Mon, 27th Oct 2025 10:35:33 GMT Mon, 27th Oct 2025 10:35:45 GMT Mon, 27th Oct 2025 10:35:45 GMT 

M Thompson opened the document email. (87.248.116.215) M Thompson opened the document email. (87.248.116.215) A Fitzpatrick opened the document email. (82.132.217.113) A Fitzpatrick opened the document email. (172.226.0.27) M Thompson opened the document email. (104.28.40.142) A Fitzpatrick opened the document email. (87.248.116.215) M Thompson opened the document email. (87.248.116.215) M Thompson viewed the envelope (85.31.142.38) M Thompson signed the envelope (85.31.142.38) 

Sent the envelope to Brian Stewart (brian.stewart@rbca.co) for signing (85.31.142.38) 

Document emailed to brian.stewart@rbca.co A Fitzpatrick opened the document email. (104.28.86.98) A Fitzpatrick opened the document email. (87.248.115.16) A Fitzpatrick opened the document email. (87.248.116.214) A Fitzpatrick opened the document email. (87.248.114.143) A Fitzpatrick opened the document email. (87.248.116.147) Sent Brian Stewart a reminder to sign the document. (188.66.74.80) Document emailed to brian.stewart@rbca.co Brian Stewart viewed the envelope (188.66.74.80) Brian Stewart viewed the envelope (72.145.93.164) Brian Stewart signed the envelope (188.66.74.80) Sent the envelope to RBCA Limited (jane.gill@rbca.co) for signing (188.66.74.80) 

Document emailed to jane.gill@rbca.co RBCA Limited viewed the envelope (188.66.74.80) RBCA Limited signed the envelope (188.66.74.80) This envelope has been signed by all parties (188.66.74.80)