GLENWHERRY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY FOR YEAR ENOED 31 OECEMBER 2025 NOTE UNRESTRICTED FUNDS RESTRICTED FUNDS TOTAL 2025 TOTAL 2024 RECEIPTS Donations & Legacies Charitable Activities Investment Income Other Income Revaluation Building5 & Investments 112,843 2,735 1,213 22,501 12,059 122 34,624 135,344 14,794 1,335 34,624 123.666 19,382 1,959 50,598 li 16461 16461 858 TOTAL RECEIPTS 116,791 68,660 185,451 196,463 PAYMENTS Raising Funds Charitable Activities 821 IOAI,433 821 132,218 791 139,186 27,785 TOTAL PAYMENTS 105,254 27,785 133,039 139,977 NET RECEIPTS/IPAYMENTS) Transfers 8etween Funds 11,537 15,1001 40,875 5,100 52,412 56,486 Net Movement in Fund5 6,437 45,975 52,412 56,486 Reconciliation of funds.. Total Funds Brought Forward Total Fund5 Carried Fonward 57,232 63,669 3,987,888 4,033,863 4.045,120 4,097,532 3,988,634 4,045,120 WHERRY H1NIR LAND BALANCE SHEET ASAT 31 DECEM8ER ZOZS IIOTES UNRUTRICTE FUNDS RESThICTED FUNDS TOTAL FUNDS 202S TOTAL FUND5 ZOZ4 FIXEtyAS5 Tanglble ￿Sets InvestTnent5 io li 41,05D,a29 24.414 4,050,329 Z4,414 4,047,741 25.060 TOTAI FIXED A55ET5 4.074.743 4,074,743 4.D72.801 CVRRENT A5SEf5 Debtor5 Cash at Bankand In Hand 12 ia 20,241 dS,284 1.504 73.616 21.745 118,900 21561 86,139 TOTALCURQENT ASSETS 65.525 75,120 140.645 10&7ts) UABIUTIES Credlior5' Amountgfalllni duewlthln one year CredStors'. Amoufit5 falllllg due oyeroneyear 14 1.8S6 29. 31,656 31,581 86,200 I04,￿D NETCURRENT ASSETS 63,669 140.8801 22.789 127.S811 ToTAL￿￿AsSETs 63,659 4,033,863 4,097,532 4.045.120 FUNDSOF TFIÉ CHAHITY Unresifi¢ted Funds Restricted Funds 15 Is 63.669 63,S69 4,033.863 57.232 3.987,888 4.033,863 TOTALCHARITY FUNDS 63,669 4,033,863 4 097.532 4.045.120 Approved bythe KlrkSe$510n ara rne2tln8on 31LIIL and 5i&ned on Its bthall bv.. RevTKane MrG Mdtended by the donor. Where these funds have unspent balance, interest on their pooled investment is apportioned to the individual funds on an average b3SIS. Unrestricted funds are income funds which are to be spent on the congregation's general purposes. Designated funds are general funds set aside by the congregation for use in the future. Income Resources Reco nition of incomin These are included in the Statement of Financial Activities ISOFAI when.. the congre8ation becomes entitled to the resources; the trustees are virtually certain they will receive the resources; and the monetary value can be measured with sufficient reliably. resources Incomi resources with related ex enditure Resources and related expenditure are reported gross in the SOFA. Grants and donations Grants and donations are only included in the SOFA when the congregation has unconditional entitlement to the resources. {Iv) Tax reclaims on donations and ifts Incoming resource5 from tax reclaims are included in the SOFA at the same time as the gift to which they relate. io ACCOUNTING POLICIES. CONfD Contractual income and erform3nce related rants This 15 only included in the SOFA once the related good5 or Services hove been delivered. Volunteer hel The value of any voluntary hdp received is not included in the accounts but 15 described in the trustees. annual report. Expenditure ?nd Llabifiies rÈt Llabilllles are retogni5Ed ès soon as there 15 a legal or £onstruttive obIl￿tIon commltting the ¢ongieEation to pay out resources. Gov st5 These are shDwn wlthin charitable attivitie$ and intlude the costs of prepa￿lI0Th and examination of accounts. the ¢ost5 of trustee meetln8s and cost of any legal adviceto trustees on governan￿ or consTrtutional matters. rnanc Grants with erforman¢e tondition Where the charity give5 a grant with condltions for its payment being a speclfic level of Serv1￿ or output to be provided, such grènt5 a￿ gnly recognised in the SOFA once the reclplent of the Er3nt has provlded the specified service oroutput. Grttnts ut erform nte tonditl ThÈse are only recognised In the acco￿ntS when a ¢ommltment has been made and there are no condltlons to be met rèlating to thÈ grant which remaln In the control of the charlty. ns Tan ble flxed èssets Tangible fixed assets for use by charity are capitalised if they can be used for More than one year. and c05t at least £500. They are valued at cost or, if Eifted, at the value to the charity on receipt. Depreclatlon is recorded on all tangible fixed assets other than freehold land, at rate5 calculated to write off rhe cost, less estimated residual value, of each asset over its expected useful life as follows.. Fixture5, fitting5 and equipment over 5 years re An Inte￿5t free loan of £177.000 was made to the Church during the year to help acquire land adjacent to it. A5 of 31 December 2025, repayments of £61,000 have been made in line with the terrn5 nd conditlQn5 of the donors, leaving an outstaning balance of £116,000. li GLENWHERRY CONGREGATION OF T14E PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 310ECEMBER 2025 OONATIONS & LEGACIES UNRESTRICTED RESTRICTED FUNDS FUNDS TOTAL 2025 TOTAL 2024 Recorded Giving Loose Collections Donations and Gifts Gift Aid Legacie5 and Bequests 93,681 2,006 1,966 15.190 11,459 368 1,530 7,705 1,439 105,140 2,374 3,496 22,895 1,439 100,109 2,517 5,524 15,516 112,843 22,501 135,344 123,666 CHARITABLE ACTIVITIES UNRESTRICTED RESTRICTED FUNDS FUNDS TOTAL 2025 TOTAL 2024 Organisatior> Income Fundraising Events Funerals Grants 2.735 5,152 2,457 2,050 2,400 7,887 2,457 2,050 2,400 9,375 2,120 5,000 2,887 2,735 12,059 14,794 19.382 INVEsfMENTS UNRESTRicfED RESTRICTED FUNDS FUND5 TOTAL 2025 TOTAL 2024 Deposit Interest Investment Income Other Interest 252 617 344 122 374 617 344 703 599 657 1,213 122 1,335 1,959 OTHER SNCOME UNRESTRICTED RESTRICTED FUNDS FUNDS TOTAL 2025 TOTAL 2024 Land and Hen House Rent Property Fund 12,369 22,255 12,369 22,255 7,823 42,775 34,624 34,624 SO,598 12 GLENWHERRY CONGREGATION OF THE PRESBVERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 DECEMBER 2025 RAISING FUNDS UNRESTRICTED FUNDS RESTR]￿ED FUNDS TOTAL 2025 TOTAL 2024 FWO Envelopes 821 821 791 821 821 791 CHARITABLE AcfiviTIES UNRESTRICTED FUNDS RESTRICTED FUNDS TOTAL TOTAL 2024 2025 General Assembly Assessments Presbytery Fee5 Ministry & Support Staff Costs Congregational Running Expen5e5 Donations to Missions & Charities Depreciation Governance Costs 16.089 483 16,089 483 16,754 386 50,873 50,873 48,014 25,097 26,156 51,253 63,697 10,331 982 647 11,313 647 1,560 8,835 1,560 1,500 104,433 27,785 132,218 139,186 EMPLOYEES Em lo ment cost5 TOTAL FUhtDS 2025 TOTAL FUNDS 2024 Wages. salaries and expense allowance Social security costs Penslon contributions 45,257 5,616 6,437 43.395 4,619 8,529 57,310 56,543 Number of em ees The average number ol employees, including the minister of the congregation, during the year was.. 2025 2024 Avera8e number of employees There were no employees in recelpt of employee benefits in eyces5 of E60.000. 13 GLENWHERRY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 DECEM8ER 2025 PENSION COSTS The minister of the congregation is a member of the Presbyterian Church in Ireland Pension Scheme(2￿91. This is 3 scheme operated by the Presbyterlan Church in Ireland, a separate regTrstered charity. The congregation pay5 an a55e5srnent to the Presbyterian Church in Ireland equivalent to the employer's pen51Dn contribution for the Scheme and based on the stipend paid to the minster. The Presbyterian Church in Ireland Pension Scheme120091 is a funded Scheme of the defined benefit typE, providing defined benefits based on career average revalued $8lary. The scheme has assets held in a separately administered fund managed by a bDard ol trustees. The Presbyterlan Church and the S£herne Trustees h3ve agreed a funding plan to ensure the Scheme 15 sufficiently funded to meet Cur￿￿1 and future obligations. A forrnal schedule of contributions was drawn up on 25 November 2015 whereby the Pr25byterian Church agreed tD pay frorn 31 December 2015 contrlbutions of 24% of pensionable salaries to cover the accrual of benefits lor future service, expenses, the cost of insuring death in service L7enefits and funding the Scheme deficit. The contributlons made by the Congrega￿On during the year were.. TOTAL FiINDS 2025 TOTAL FUNDS 2024 Contrlbutlons 6,437 8,529 14 GLENWHERRY CONGRE ATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 DECEMBER 2025 io TANGIBLE FIXED ASSETS BUILDINGS FIXTURES FITnNG5 & EQUIPMENT TOTAL COST OR VALUATION At start of year Additions Disposals Revaluation 4,047,741 4,047,741 3,235 3,235 At end ofyear 4,047,741 3,235 4,050,976 DEPRECIATION At start of year Provision for year Disposals 647 647 At end of year 647 647 NET BOOK VALUE At start of year 4,047,741 4,047,741 At end of year 4,047,741 2,588 4,050,329 15 GLENWHERRY ION OF THE P CHURCH IN IRELAND NOTE5 TO THE ACCOUNTS 31 DECEMBER 2025 11 INVESTMENT5 The congregation ha5 the followlng Investrnents. Aniount5 are shown at market vèluauon.. 2025 2024 PCI Shares General Investment Fund 24,414 24,414 25,060 25,060 12 DEBTORS UNRESTRICTED FUNDS RESTRICTED FVNDS TOTAL FUNDS 2025 Gift Ald Recoverable PrepayFnents FWO 15,216 5.025 1,504 16,720 5,025 20,241 1.504 21,745 13 CASH AT BANK AND IN HAND UNRESTRICTED FUND5 RESTRICTED FUNDS TOTAL FUNDS 2025 Bank Current Accounts 8ank Dep051t Accounrs Cash in Hand 24.04B 21,236 73,587 97,635 21,236 l9 29 45.284 73,616 IL8,9QO 14 CREDITORS.. amounts f8llln8 due witliln one year LFNRESTRicfED FUNDS RESTRICTED FUNDS TOTAL FUNDS 2025 Accruals Interest Free Loan5 1,856 1.856 29,800 29.800 1,856 29,800 31,656 CREDITORS.. amounts falllng dtse over one year iINRESTRicfED FIJNDS RESTRICTED FUNDS TOTAL FUNDS 2025 Accruals Interest Free Loan5 86.200 86.200 86.200 86.200 16 GLENWHERRY CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNT5 310ECEMBER 2025 15 FUND BALANCES AND RECONCILIATION OF FUNDS FUND BALANCE RECEIPTS PAYMENTS TRANSFER SURPLUSI BALANCE AT START DEFICIT AT END Unrestricted funds General account 57,232 116,791 105,254 15,1001 6,437 63,669 57,232 116,791 105,254 15,IODI 6.437 63.669 Restricted funds Building & Repair Fund Presbyterian Women PW Catering Boys, Brigade Sunday School Laos Account Girls, Bri8ade Buildings FixtL)res and Fittings PCI Investment Fund Interest Free L03n 40,342 791 869 2,038 1,165 3,SOI 981 4,047,741 56.298 3,766 1,530 1,640 534 80 5,458 9,309 2,926 906 4,333 611 121,8351 25,154 840 624 15431 1771 80 16451 G5,496 1,631 1,493 1,495 1.088 3,581 336 4,047,741 2,588 2,588 16461 24,414 18,600 1116,0001 2,150 9,053 2,950 647 3,235 25,060 1134,6001 16461 18,600 3,987,888 68,660 27,785 s,ioo 45,975 4,033,863 Total 4,045.120 185,451 133,039 52,412 4,097,532 17 LENWHERRY CONGREGATION OF THE PRE58YTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 310ECEMBER 2025 16 RELATED PARTY TRANSACTIONS One of the trustees, the minister of the congregation received remuneration of £36,782 and expenses of £8,475 for acting in that capacity. Pension contributions of £6,437 were paid by the congregation in respect of the minister to the Presbyterian Church in Ireland Pension Scheme120091. None of the other trustees received any remuneration or expenses during the year in connection with their duties. During the year the congregation contributed the following amounts to Furids of the General Assembly of the Presbyterian Church in Ireland a separate charity. £66,962 for congregational assessments £7,600 towards the United Appeal There were no other related party transactions. 18