an Terrace Row Presbyterian Church (a congregation of the Presbyterian Church In Ireland) Charity Accounts (for the year ended 31 December 2025) Registered with the Charity Commission for Northern Ireland Registration Number NIC105552
Presbyter STATEMENT OF FINANCIAL A¢TIWTY Ilty Ihe year ended 31 Decener 2025 In¢ome and EndeTrts from.. OonatiM8 and legauei charitable aciMts'e8 Olhw tradinè activ InVemnI¥ 155.442 36,745 10.717 192.187 10.717 24.875 10.807 9.037 198.e64 5.539 25.007 8.C69 24,326 24.875 6,489 3.398 4,318 5.839 Toial 190204 57.419 247.623 281,805 Expendibjre on.. R•iBing bjnth Chant8bk •th"b"¢• 700 239.6S8 15.081 37,094 15.081 287.347 28.931 Totsl 203264 S2,17S 255.439 297.618 Net IncomtllExpendbJr•l .13.080 5244 -7,616 5,813 -3254 .3254 3.394 Tf•n•lern bthen -2.80$ 2.805 0•inlIO¢S) M r•valu•Oon N•t nw•m•M -19.119 8.049 -11,070 42.419 RI11110 ol fvjnth.. Tolal funds trwght l¢rwwd 274.035 321,874 595,709 828.128 Tolol ftmdB 1•d fcfivard 254.918 32k,723 01 I P¥8e Terrace Row Pre$b¥i•rl•n Churth lioTrlreiaIl
Presbyter 8ALAN(E SHEET As•t 31 D•c•mb•r 2025 Fts•d axs¢ts: TaTr8ible assets Heritage assets Investments 12 120.212 120.212 135,293 74,305 74.305 75.703 Totsl ftx•d •sMts 74,3C6 120.212 194.517 2IO,996 Current aM•ts Oebtors Current Investments ash at bank and hand 14 13.559 13.559 6,875 167.052 209.$11 376,3 377,838 Tothl ry•nt •u•ts 180.611 X19.511 39),122 384,713 U•biii¢l•¥: Credltors.. Amounts falllni due wltbln one year 16 N•t ll•nI •u•ti or Ihbllld•s ieo.611 209.511 J,122 384,713 254.916 329.723 584,639 5%,709 Creditors.. Amounts fallin8 dtse aft•r [re than one v•ar 17 Totsl net •M•ts Or Il•bnw•s 254,916 329.723 584.639 59S,709 021 Page Terrac• Row PrèslNi*rwn Churth
Presbyter an OALAN(E SHEET As •t 31 D•c•mb•r 2025 Funds of th• th•rfty Endowment fund5 Aestiirted fvnds Vnrestrlrted fvnds 18 18 18 329,723 329.723 254.916 321,674 274,035 254,916 T¢i•l tharlty funds 254.916 329,723 584,639 595,709 Approved by the Klrk 5esslon al a meettrq on 10 February 2026 and *ned on h•If by David Brownlee Clerk of Sessl Tom Moore Trustee 03 | Pa8e Terrace Row Presbyl•rl•n Churth
Presbyter an G POACCOUNTINUOES BASIS OF RNANCIAL STATEMENTS The tinanckql ststements have been prepared in accordznce with Accountin8 and Reporting by Charides.. Statement of Recommended Prathce applicabk to charitles preparin8 their accounts in accordance wtth Financial Repothng Standard applicab in the UK and Ireland IFRS1021 leftective l Janvary 20151. The financkil ststements have been prepaved under the historical cost convenkn'on except for investment aet5, whKh are shown at market value. The financial 5tatewnts irKlude all transactions. assets and liablllties for which the con¥re8ation Is responslble In law. They do not includethe accounts of church 8roup5 that owe thelr affiliation to another body, northose that are informal gathering5 olchurch ffernr$. FUND ACCOUNMNG Endowment funds are funds. the upital of whKh rTw4 be retalned erther perminentty orat the congregatlon's dIScreon,. the income derived from the endOWnt Is io be Used efther as vestrkted or unrestrided Income fund5 dependin8 upon the purpose for whKh the endowment was establlshtd the firm pL•ce. Restricted fvnds comprise lal incom• from endowmeThts whkh Is to be expeThded onty on the restrfcted purpose5 Intended by the donor and Ibl rtvenue don•iions or8ranis for a sptcffic wn4rwdonal actt Intended by the donor. Unr••lrfthd fund• w• irKom• are to b• Ipent on th• c•9•.1 g¢n•r¥ purpow•. Oi•W fvTrd• •r¢ g•nwal frjnth oot by the ngrega¥ for ule th Ihe [•. 041 Page TerrKe Row Prestyterl•n Churth
ACCOUNnNG pouaES(contdl INCOMING RESOURCES R•¢o8nltk+n of Incomlw r•sowc•s Thest are Sncluded in the Staternent of Financial Activities ISOFAI when.. the congregation becomes entitled to the lejrCes.' the trustees are virtualty certain they wlll recerwe the resources- and . the rrKJnet¥ry va¢ can measured wmh SUffint re16abty. 1111 lfi¢¢mlr4 wlth nl•t•d •xpffidltw• Where incoming re50ur£es have related exFendtture l•$ wY(h fvnd1aln8 Inc¢)mtl th• In¢omln4 r•source5 arHI related expendlture are reported 8r0s5 in the SOF 11111 Gr•nts •NI dM•tlorts Grants and donatlons are On In¢ded In the SOFA when the CongreOn has uncondltlon¥l entltlement tothe r¢sources. Ilvl T•[ r•cWms on drMwdt)ns •nd iffts Incomlng resources from tax reClmS art Included In the &)FA atthe saff tfjme as the gwtto whkh they relat•. lvl Contr•ctuJl IrKorn• p•rforni•nc• r•l•t•d ir•nts Thls Is only Included In the SOFA once the related qOLJs or sewvKe5 have been delred. IVD Glfts In klnd Glfts in klnd art actourted for at a reasonable esllmate of thelrvalue to the chartty or the amount actually realised. Gifts in kind for use by the charity are included ift the SOFA as incoming resources whtn receivab. Iv151 D¢n•t•d s¢r¥k•s •nd f•d¥tl•s Thèse are only included In In¢tsmln8 resources (with an equNalent arrA)unt In resources expended) where th• benefft tothe ¢haTity is reasonably quantifiable. measurable and material. The ¥ae placed on these resources Is the estlmated value to the charity of the 5er¥ice or facility received. l¥llll Volunt••r h•lp Th• v•lue ol any vc4untary hdp recefved IB n(rt infJJd8d rb Ihe acc d¢•tybed in the IlJ•t¢eB' nrwal report 051 Page Terra Row P$bYterban Chyfth pritryLEr1 LMTrh..Tr
Presbyter Inv•stm•nt Incom• This Is incIled In the accounts when rtcewable. 1111 IN$tM•ftt K•lns )d los Thls includes any gain or10s5 on the of investffnts and any [Tr Of loss resuhfjnq from fevaluln¢ Investments to market value at the end of the year. PENDITURE AND LIABILMES 11111 Ll•b5111y r•¢OVon LIabIle$ are rec¢y4nised as as th•r• a ¢•1 or nstrUCti oblvAation comThttIngthe cowrwt6on to pay out resources. Il¥) Go¥•rnMc• corts These •re shown wr(hin ¢harltablt èc16vit6e5 and include the costs of prepar•tton and ex•mln•tlon of •ttounts, the cost$ ol trustee meetlngs and tost of aTry 831 advice to trustees on Rovernance or constltutlonal matters. lvl Grwrts wlth p•rforrn•nc• condltlom Where the chartty 6lves a 8raTrt wrth cond10$ for fts payment beiry a 5pecfft level of 5ervlce or output to be provlded, such grants are only re¢o8nlsed In the SOFA once ihe ret1pnI of tht Irant has provided the 5peclfied servlce or output. IVD Gr•nts p•y•bl• T5thl rtoM1•nc• condftloffl Thèse art ofily recoBlli5ed in the accouThts when a commitment has been made Jnd the are no cofidknons to be met relating to the grant which remain In the control of the ch•rty. l¥lll S•Jpport costs Support costs include central fvnciions and have l)een allocated io acUvy cort ute8orie$ on a $1$ consistent wrth the use of resource5. e.8. allocatsng property costs by floor areas, or per c•plta. st•ff costs bythe me spent and other c05t5 by their usage. 061 Page TerrKe Row Pftsbytori•n Churth
Presbyter (l) T•Ible Fk¢edAs%ts Tangible fixed assets for use by charrty are caprtalised rfthey can be used for more than one btar, and cost at least E2500. They are valued at cost or. if gifted. at the value to the charity on receipt Depreciation 15 recorded on alltan8ible fixed assets other than freehold l•nd. at rate5 calculated to write of the cost, less es16mated resklual value. of eh a55et over rls exFrted useful life. on a 5tra¥ht line ba515. os follows Bulldln8S'. Fixtures, fitknn8s and equipment Motor Vehkles Computers, software and technlcal eqvlpnnt - ¢)ver 50 years . over 10 years - over 4 years - over 4 ar5 . ov•r SO ye4 - over 4 years 1111 Inv•stm•nts Investments quoted w a recognlsed stock excharvde are valued at market value at the year end. Ot1 Investment assets are Included at trust¢e¥ best estimate of market v•lue. 071 Pa8e T*rr•c• Row Pr•strrt•rl•n Chwth
Presbyter an DONATIONS AND LEGAOES Recorded 8ivln8 Loose collertion5 Donatlons and 86fts Glft Ah L•8acles and btquèst 127.986 1.796 24.313 2.339 152,299 4,135 4.364 31,389 158,649 1,040 1,940 37.235 25,6 5,729 155.442 36.745 192,187 198,864 CHARAoL£ AcnvmES Into frorn chartt•ble activIe$ Fees from weddln8s and funerals Membershlp fee5 Fundralsln8 events 1,895 8,822 1,895 8.822 2.016 3.523 10,717 10,717 5,539 081 Paee T•ffKe Prèsbyi*rian thurth
Presbyter an OTHER TRADING AcnvmES Property Rental TradlnR income 24,CKXI 875 24,ffQ 875 24,C(Q l.Crf)7 24.875 24.875 25.CK17 INVESTMENTS De5ft Interest General Investment Fund Other investment income 4.633 1,856 3.762 8.395 1,856 556 5.759 1754 556 $56 6.489 4.318 10.8Q7 8,069 091 Page T•wrace Row Pr¢sbyI*rn (hurth
an OThER INCOME Insuranc• clèlms Other income GTant5 3.398 5,092 3.945 9,037 19,377 4.949 24,326 3.945 S.639 3.398 RAISING FUPIDS FWO envelopes Fundraising events 70) 70) 650 70) 1,340 10 I Page Terrace Row Presbyierlan Churth
Presbyter CHARITABLE AcnvmES General Assemb Assessrnents Presbytery fees Ministry and support staff costs Other running expersses Oonations to Missions ond charilles 16.313 16.313 17,228 1,131 128,037 1,131 128.037 67,374 1113 125.184 13,277 88,576 2,050 23,817 34,316 Governance costs 936 Presbyter 930 202.564 37.094 239,658 267,347 OTHER EXPÉNDITUAE Oepreclatlon Investment proFerdes expenses 15.081 15.081 28.931 15.081 15.081 28,931 11 I Page Tèrrace Row Prestrn1ft Church
Presbyter an io. EMPLOYEES Employrnqrt Costs Wages and Salarles Sockl Securfty co$ Pèn51on contrlbutions 110,877 7,520 lo3,6 6,356 11,922 128.037 122,184 Numb•r of Employ The avera8e number ofempbyees, IKludin8 the mlnistei Oft ton8ft80orn, dvrlng th• was: Average nurnber of •mployees Thère were ho employtts In rtteipt of ernpl0 beneffts Sn excess of£60.(XXI. 121Pa Terrace R¢w Presbyter5gn Churth PErkntpriwii rhl7 I4vrlI
Presbyter ii. PENSION COSTS The minister of the con8regation i% a member ol the Prestyterian Chvrch in Ireland Pensb)n Scheme120091. This Is a scheme operated by thè PresbyteTiaTr Church in Ireland, a separnte reeistered charlty. The corvdre8a0n pays an a55e55ment to the Presbyterian Church in Ireland equwalent to the empbyerfs pension contribution foi the Scherne and based on the stipend to the minister. The Presbyterian Church in Ifetand Pension Scheme 12009155 a funded Scherne of the deflned benefft type. providing defined beneffts based on rareer avera£e revalued salary. The kheme has a$5e15 held in a separatety administered fund managed a board of trustees. The Presbyterian Chvfch and the Scheme Trustees have a8red • fundin8 plan to ensure the Sche is sufficlently funded to meet current and fijture obl&atrons. A fomMI schedule of conlributfon5 Was drawn upon 25 November 2015 whereby the Presbyterian Church agreed io pay from 31 December 2015 contribJtions of 24% of pensionable salaries to cover the accrual of beneffts for fijture s•Tht•, expen$, Ihè cost of Inrf8 death In seIce beneffts and fundingthe scheme deficrt. The contrIbUon5 mad• bythe tor¥re8ation durin8 the year were Contrltwjllons 8,411 11,146 Othèr employeès are, where approprbate, enrolled In an Automavc Enrolment Scheme operated ty NEST ContrlbuttoTrs 1,229 776 131 PaKe Te1T Row Pre5bylervdn Church l4<tyItA•Ytyip1 Iht Prr%bilwi4n ChyTihiri htlat*l
Presbyter li TANGIBLE FIXED ASSETS Cost or tAlu•tton At start of year Additions D15P05a15 386.39J 407.295 793,645 At end of year 386,350 407,295 793.645 D•pr•cl•tlon At start of year Provls4on foryelr D15posals 658.352 15.081 9.IXII At end of year 294,970 378,463 673.433 N•t b¢ok V•lu• At start of y•ar 97.49) 37.833 135,293 At end of year 91.3 28.832 120.212 141P4e Terr Ri>w Presbyterhn Churth PrrknitwI (Ir(hir4 lir
Presbyter 13. INVESTMENTS 2025 74,305 2024 75.703 General In¥e51mpnt Fund Investment Propertie5 tType of Investrnentl 74,305 75,703 Value at start of year Addttrons Dlspouls Impairrnent Gains / (Losses) on revaluatton 75,703 70555 1.754 3,394 Valu• at end of year 74,305 75,703 OE8TOIiS 25 6.185 7374 2024 6.875 GIftAld Recoverawe Insurarbce Prepaid other prepayrnents 13.559 6.875 15. CASH AT WIK AND IN HAND ))25 2024 104,403 114,9fA) I62.17 154,428 89.095 89. 19.444 Dan5ke current accounts Flagstone Deposlts Hampshlre Trust Bank Owan15atsTh Acttrjnts 376.$63 377,838 151 Page TnK Row Prestrrterljn Chlrth
Presbyter an 16 CREOITORS: •mn¢ d¥e withln on• y 2025 2024 Rent Recelved In Advante Sundry Accruals 17 CREDITORS: arnnt lalllw du• •ft•r th•n on• y• 2025 2024 161 Page Terrx• Row Pr*sbyterl•n Church
Presbyter an FUND BALANCE5 AND RECONauAnON OF FUNDS Fund Balance at start Galnsl Losses Balance at end IKome Exwnd. Transfer UN•rtrkt•d Funds General Fund 274.035 190,2LM 203.264 254,916 274.035 190,204 203,264 254.916 Restrfcl•d Funds Property Fund 283,957 16,ISS 15,081 285.042 Unlted M(sslonary app•al Sunday School 2,669 1077 15.405 12.527 1.205 5.547 1.077 Benevolent Fund 5,160 18,970 395 5.371 Church Oryni5ations Special Collecdon> uVF¥nds 19.335 4.162 1.745 19.361 21.806 9,841 10.880 321.674 57.419 52,175 329,723 OTHER BALANCES AND RECONauAnONS En1ynI Fund5 Total 171 Page Trr•c* Row PreSWern Chwth 14((NipOIIhPpl•Sbvfw1•Trchufcttl
Presbyter an 20RELA7ED PARTY TRANSAcnoNS Two of the Trustees. the minister of the congregation and the Ywth & Famtty worker (eIved remuneration of £65,426 and expenses of £10,396 for acbne in theSr capac. Pension tontritrwthorbs wtre £8.751. None of the othertrustees receNed any remunerati. Duringthe year the con8regatign contributed folk)wlnR amounts to Fundsof iht General Asstmbty of the Presbyterian Church in Ireknd a separate charrtv £16.313 for congregational assessrnentS £12,527 towards the Unf(ed Appeal £1,324 toward PCI Wodd Dev Appeal The congregaOn contrlbuted £1.113 towards Preswery durln8the ye•f Th•r• w•r• no oth•r party transèctlons. 18 I Page T•rr•c• Row Prnsbfi•r5•n Chufth