Trinity Presbyterian Church, Ballymoney a Congregation of The Presbyterian Church In Ireland
Financial Statements for the year ended 31st December 2025
Registered with the Charity Commission for Northern Ireland, NIC105405
TRINITY PRESBYTERIAN CHURCH
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a Congregation of The Presbyterian Church In Ireland
STATEMENT OF FINANCIAL ACTIVITY for the year ended 31 December 2025
| Notes Income and Endowments from: Donations and legacies 2 Charitable activities 3 Activities that generate income 4 Investment Income 5 Other income sources 6 Total Expenditure on: Raising Funds 7 Charitable Activites 8 Other 9 Total Net Income / (expenditure) Transfers between funds Net movement in funds Total funds brought forward Total funds carried forward |
Unrestricted Restricted Total Total Funds Funds 2025 2024 £ £ £ £ 255,937 58,870 314,807 205,526 - 7,813 7,813 13,316 1,540 6,687 8,227 2,477 3,092 17 3,109 697 5,700 1,201 6,901 10,163 |
|---|---|
| 266,269 74,588 340,857 232,180 |
|
| 1,685 - 1,685 1,685 146,167 146,831 292,997 292,990 1,850 3,210 5,060 6,018 |
|
| 149,702 150,041 299,742 300,692 |
|
| 116,567 (75,453) 41,114 (68,513) |
|
| 300 (300) - - |
|
| 116,867 (75,753) 41,114 (68,513) |
|
| 55,492 2,053,582 2,109,074 2,177,587 |
|
| 172,359 1,977,829 2,150,188 2,109,074 |
TRINITY PRESBYTERIAN CHURCH
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a Congregation of The Presbyterian Church In Ireland
BALANCE SHEET as at 31 December 2025
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| Notes | Funds | Funds | 2025 | 2024 |
| £ | £ | £ | £ | |
| Fixed Assets | ||||
| Tangible assets | - | 1,889,879 | 1,889,879 | 1,973,850 |
| Investments | - | - | - | - |
| - | 1,889,879 | 1,889,879 | 1,973,850 | |
| Current Assets | ||||
| Gift Aid Receivable | 18,562 | 9,006 | 27,567 | 29,259 |
| Prepayments | - | - | - | - |
| Fixed Term Deposit | 115,338 | - | 115,338 | - |
| Accrued Interest | 2,355 | - | 2,355 | - |
| Cash at bank and in hand | 42,875 | 84,155 | 127,030 | 134,140 |
| 179,129 | 93,161 | 272,290 | 163,399 | |
| Creditors - falling due within one year | 6,770 | 5,210 | 11,981 | 28,175 |
| Net Current Assets | 172,359 | 87,950 | 260,309 | 135,224 |
| Creditors - falling due after one year | - | - | - | |
| Total Net Assets | 172,359 | 1,977,829 | 2,150,188 | 2,109,074 |
| Unrestricted funds | 172,359 | - | 172,359 | 55,492 |
| Restricted funds | - | 1,977,829 | 1,977,829 | 2,053,582 |
| Endowment funds | ||||
| Total Funds | 172,359 | 1,977,829 | 2,150,188 | 2,109,074 |
Approved by the Kirk Session at a meeting on 16th March 2026 and signed on its behalf by
Rev David Irvine (Trustee)
Mr Bertie Quinn (Trustee)
TRINITY PRESBYTERIAN CHURCH
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a Congregation of The Presbyterian Church In Ireland
NOTES TO THE ACCOUNTS 31 December 2025
1. ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with Financial Reporting Standard applicable in the UK and Ireland (FRS102) (effective 1 January 2015).
The financial 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 their affiliation to another body, nor those that are informal gatherings of church members.
FUND ACOUNTING
Endowment funds are funds, the capital of which must be retained either permanently or at the congregation's discretion; the income derived from the endowment is to be used either as restricted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place.
Restricted funds comprise (a) income from endowments which is to be expended only on the restricted purposes intended by the donor and (b) revenue donations or grants for a specific congregational activity intended by the donor. Where these funds have unspent balances, interest on their pooled investment is apportioned to the individual funds on an average balance basis.
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.
TRINITY PRESBYTERIAN CHURCH
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a Congregation of The Presbyterian Church In Ireland
NOTES TO THE ACCOUNTS 31 December 2025
1. ACCOUNTING POLICIES (cont'd)
INCOMING RESOURCES
(i) Recognition of incoming resources
These are included in the Statement of Financial Activities (SOFA) when:
-
the congregation 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.
(ii) Incoming resources with related expenditure
Where incoming resources have related expenditure (as with fundraising income) the incoming resources and related expenditure are reported gross in the Sofa.
(iii) 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 gifts
Incoming resources from tax reclaims are included in the Sofa at the same time as the gift to which they relate.
(v) Contractual income and performance related grants
This is only included in the Sofa once the related goods or services have been delivered.
(vi) Gifts in kind
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the Sofa as incoming resources when receivable.
(vii) Donated services and facilities
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
TRINITY PRESBYTERIAN CHURCH
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a Congregation of The Presbyterian Church In Ireland
NOTES TO THE ACCOUNTS
31 December 2025
1. ACCOUNTING POLICIES (cont'd)
(viii) Volunteer help
The value of any voluntary help received is not included in the accounts but is described in the trustees' annual report.
(ix) Investment income
This is included in the accounts when receivable.
(x) Investment gains and losses
This includes any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
EXPENDITURE AND LIABILITIES
(xi) Liability recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the congregation to pay out resources
(xii) Governance costs
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 advice to trustees on governance or constitutional matters.
ASSETS
(xiii) Tangible Fixed Assets
Tangible fixed assets for use by charity are capitalised if they can be used for more than one year, and cost at least £2,500. They are valued at cost or, if gifted, at the value to the charity on receipt.
Depreciation is recorded on all tangible fixed assets other than freehold land, at rates calculated to write of the cost, less estimated residual value, of each asset over its expected useful life as follows
Buildings: - over 50 years
Fixtures, fittings and equipment - over ten years Motor Vehicles - over 4 years Computers, software and technical equipment - over 4 years.
(xiv) Investments
Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value.
TRINITY PRESBYTERIAN CHURCH
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a Congregation of The Presbyterian Church In Ireland
NOTES TO THE ACCOUNTS ( cont'd)
31 December 2025
| 2 Donations and Legacies Donations and gifts Loose collections Gift Aid Gifts in Kind Legacies and Bequests 3 Charitable Activities Income from Charitable Activities Members Fees Fundraising Events Grants 4 Activities that generate income Trading Income 5 Investment Income Bank Interest General Investment Fund 6 Other Income Sources Use of premises Other Income Gifts/ Contributions 7 Raising Funds Offering Envelopes 8 Charitable Activities General Assembly Assessments Presbytery Fees Ministry and support staff costs Congregational running expenses Donations to Missions and Charities Governance Costs Depreciation Property 9 Other Organistion running expenses |
Unrestricted Restricted Total Total Funds Funds 2025 2024 £ £ £ £ 114,697 44,979 159,676 167,945 7,340 4,886 12,226 8,322 18,562 9,006 27,567 29,259 0 0 0 0 115,338 0 115,338 0 |
|---|---|
| 255,937 58,870 314,807 205,526 |
|
| 0 7,813 7,813 13,316 0 0 0 0 0 0 0 0 0 0 0 0 |
|
| 0 7,813 7,813 13,316 |
|
| 1,540 6,687 8,227 2,477 |
|
| 3,088 17 3,105 693 4 0 4 4 |
|
| 3,092 17 3,109 697 |
|
| 5,480 0 5,480 5,280 220 1,201 1,421 4,883 0 0 0 0 |
|
| 5,700 1,201 6,901 10,163 |
|
| 1,685 0 1,685 1,685 |
|
| 28,549 0 28,549 30,217 784 0 784 718 86,414 655 87,069 89,947 6,059 11,136 17,195 8,484 500 30,398 30,898 45,131 1,086 170 1,256 1,189 0 83,971 83,971 83,971 22,775 20,501 43,275 33,333 |
|
| 146,167 146,831 292,997 292,990 |
|
| 1,850 3,210 5,060 6,018 |
TRINITY PRESBYTERIAN CHURCH
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a Congregation of The Presbyterian Church In Ireland
NOTES TO THE ACCOUNTS (CONT'D) 31 December 2025
| 10. EMPLOYEES Employment Costs Wages and Salaries Social Security Costs Pension contributions Pulpit Supplies Ministry Allowances and Expenses |
Total Funds Total Funds 2025 2024 £ £ 75,222 77,733 6,944 6,573 8,017 10,623 1,662 1,365 9,529 10,848 |
|---|---|
| 101,375 107,142 |
| Number of Employees | ||
|---|---|---|
| The average number of employees, including the minister of the | ||
| congregation, during the year was | Total Funds | Total Funds |
| 2025 | 2024 | |
| Average number of employees | 4 | 4 |
| There were no employees in receipt of employee benefits | ||
| in excess of £60,000 |
TRINITY PRESBYTERIAN CHURCH NOTES TO THE ACCOUNTS (CONT'D) 31 December 2025
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11. PENSION COSTS
The minister of the congregation is a member of the Presbyterian Church in Ireland Pension Scheme (2009). This is a scheme operated by the Presbyterian Church in Ireland, a separate registered charity. The congregation pays an assessment to the Presbyterian Church in Ireland equivalent to the employer's pension contribution for the Scheme and based on the stipend paid to the minister. The Presbyterian Church in Ireland Pension Scheme (2009) is a funded Scheme of the defined benefit type, 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 sufficiently funded to meet current and future obligations. A formal schedule of contributions was drawn up on 25 November 2015 whereby the Presbyterian Church agreed to pay from 31 December 2015 contributions of 24% of pensionable salaries to cover the accrual of benefits for future service, expenses, the cost of insuring death in service benefits and funding the scheme deficit. This was reduced to 17.5% in 2025.
The contributions made by the congregation during the year were
| Total Funds | Total Funds | |
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Contributions | 8,017 | 10,623 |
The congregation operates a defined pension contribution policy for its employees. The scheme and its assets are held by an independent scheme manager. The pension charge represents the contributions due from the congregation during the year.
Contributions 13 -
TRINITY PRESBYTERIAN CHURCH
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a Congregation of The Presbyterian Church In Ireland
NOTES TO THE ACCOUNTS (CONT'D) 31 December 2025
12 TANGIBLE FIXED ASSETS
| 12 TANGIBLE FIXED ASSETS | |
|---|---|
| Cost or valuation At 1 January 2025 Additions Disposals At 31 December 2025 Depreciation At 1 January 2025 Provision for year Eliminated on Disposals At 31 December 2025 Net Book Value At 31 December 2025 At 1 January 2025 |
Land & Fixtures & Buildings Fittings Vehicles Total £ £ £ £ 3,516,361 82,303 0 3,598,664 0 0 0 0 0 0 0 0 |
| 3,516,361 82,303 0 3,598,664 |
|
| 1,597,527 27,287 0 1,624,814 70,327 13,644 0 83,971 0 0 0 0 |
|
| 1,667,854 40,931 0 1,708,785 |
|
| 1,848,507 41,372 0 1,889,879 |
|
| 1,918,834 55,016 0 1,973,850 |
TRINITY PRESBYTERIAN CHURCH
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a Congregation of The Presbyterian Church In Ireland
NOTES TO THE ACCOUNTS ( cont'd) 31 December 2025
13 Fund Balances and Reconciliation of Funds
| Unrestricted Funds General Fund Restricted Funds United Appeal World Development Presbyterian Childrens Society Leprosy Students Bursary Fund Sunday School Missionary Property Manse Ministry Fund Youth Club Beehive Buddies n Bundles Bowling Club Coffee Morning Pastoral Care Minibus Womans Fellowship The Vine Catering Time Out Church Weekend Flowers MDF Friendship Lunch |
At start At end of year Income Expenditure Gain/(Loss) Transfers of year £ £ £ £ £ £ 55,492 267,269 150,702 116,567 300 172,359 - 12,780 12,780 - - - - 2,598 2,598 - - - - 1,040 1,040 - - - - 56 56 - - - - - - - - - 2,178 186 574 (388) - 1,790 13,859 14,404 6,142 8,263 - 22,121 1,668,870 13,461 88,786 (75,326) 1,800 1,595,345 324,354 - 15,685 (15,685) - 308,669 14,219 9,703 - 9,703 - 23,922 16,024 1,995 6,880 (4,885) (1,800) 9,339 1,719 133 335 (202) - 1,517 868 661 645 16 - 885 484 1,263 562 700 (300) 884 3,364 1,294 114 1,180 - 4,544 331 70 32 38 - 369 2,600 - - - - 2,600 1,513 2,723 2,433 290 - 1,803 69 195 180 15 - 84 254 870 869 1 - 254 - - - - - - - 5,890 5,790 100 - 100 536 925 654 271 - 806 1,446 2,214 2,211 3 - 1,449 893 2,197 1,742 455 - 1,349 |
|---|---|
| 2,109,074 341,927 300,812 41,114 - 2,150,188 |
TRINITY PRESBYTERIAN CHURCH
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a Congregation of The Presbyterian Church In Ireland
NOTES TO THE ACCOUNTS (CONT'D)
31 December 2025
14. RELATED PARTY TRANSACTIONS
Two of the trustees, the minister of the congregation and the church officer received total remuneration of £59,561 and expenses/allowances of £9,025 for acting in their capacity. Pension contributions of £8,017 were paid by the congregation in respect of the minister to the Presbyterian Church in Ireland Pension Scheme (2009). None of the other trustees received any remuneration.
During the year the congregation contributed the following amounts to Funds of the General Assembly of the Presbyterian Church in Ireland a separate charity
£13,588 for congregational assessments
£12,780 towards the United Appeal
£2,598 towards the World Development Appeal
£1,040 to the Presbyterian Children's Society
The congregation contributed £784 towards Presbytery Assessments during the year