CUNNINGHAM MEMORIAL RE ATI F THE PRESBITERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL ACTIVITY FOR YEAR ENDED 31 DECEMBER 2025 NOTES UNRESTRICTEO FUNDS RESTRIED FUNDS ENDOWMEWf FUNDS TOTAL 2025 TOTAL 2024 Income and endowments from Donations & legacies Charitable activities Other tradin8 activitie5 Investments Other income Total 180,495 1,516 8,298 4,779 103.067 2,606 283,562 4,122 8,298 7,127 854 303,963 280,492 6,126 7,916 4.688 2,348 854 195,088 ID8,875 299,222 Expenditure on.. Raising funds Charitable activities Total 1.900 177,780 179,680 1.9CM) 253,061 254,961 2,000 243,867 245,867 75,281 75,281 Repayment of loans Net incomellexpenditurel Transfers between fund5 Net moverneht in funds Reconclliation of funds-. Total funds broughi forward 15.408 1431 15,365 33,594 43 33.637 49.002 53,355 49,002 53.355 755,554 8,474,999 8.800 9,239,353 9,185,998 Total funds carried forward 770,919 8,508.636 8,800 9,288,355 9,239,353 io
CUNNINGHAM MEMORIAL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND BALANCE SHEET AS AT 31 DECEMBER 2025 NOTE! UNREsTRlED FUNDS RESTRicfED FUNDS ENDOWMENT FUND5 TOTAL FUNDS TOTAL FUNDS 2025 2024 FIXED ASS5 Tan6ible assets Total fixed assets li 533,397 533,397 8,325,262 8,325,262 8,858,659 8,858,659 8,837,602 8,837,602 CURRENT ASSETS Debtors Cash at bankand in hand Total current assets 12 39,364 204,418 243,782 14,696 168,555 183,251 54.060 381,773 435,833 52,501 356,750 409,251 13 8,800 8,8Th) LIABILITIES Creditors- amounts falling due within one year 14 6,260 11231 6.137 7,500 Net current assets or 237,522 183,374 8,800 429.696 401,751 Total net assets or 770,919 8,508,636 8,800 9,288,355 9,239,353 FUNDS OF THE CHARITY Unrestricted income funds Restricted income funds Endowment funds Total charity funds 15 15 15 770,919 770,919 8,508,636 8,800 9,288.355 755,554 8,474,999 8,800 9,239,353 8,508,636 8,800 8,800 770,919 8.508,636 Approved by the Kirk Session at a meeting on 25 May 2026 and signed on its behalf by Name.. Rev Noel Mullholland Date.. 25 May 2026 Name.. Mr Colin Hutchinson Date.. 25 May 2026 li
CUNTrIINGHAM MEMORIAL CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 DECEMBER 2025 ACCOUNTING POLICIES Basi5 of financial statements The financial statements have been prepared in accordance with Accountin8 and Reporting by Cha rities:Statements of Recommended Practice applicable to charities preparing their accounts in accordance with Financial Reporting Standard applicable in the UK and Ireland IFRS1021 leffective l January 20151. 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 transacilons, asset5 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 bodyi nor those that are informal gathering5 of church members. Fund accounting Restricted funds comprise revenue don3tions or grants for a specific congregational activity intended by the donor. Where these funds have unspent balance, interest on their pooled investment is apportioned to the individual funds on an average basis. Unrestrlcted funds are income fund5 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 luture. Income resources Reco nition of incomin resources These are included in the Statement of Financial Activities ISOFAI when: the COngregatOn become5 entitled to the resources., the trustees are virtually certain they will receive the re50urces,' and the monetary value can be me35ured with sufficient reliably. Incomin resources with related ex enditure Where incoming resources have related expenditure las with fundraising income) the incoming resources and related expenditure are reported gross in the SOFA. Grants and donations Grants and donation5 are only included in the SOFA when the congregation has unconditional entitlement to the resource5. Tax reclaims on donations and ifts Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate. Contractual income and erformance related rants This is only included in the SOFA once the related goods or services have been delivered. 12
CuNNIlGHAm MEMORIAL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 DECEMBER 2025 ACCOUNTING POLICIES. CONT'D Gifts in kind Gift5 in kind are accounted for al a reasonable estimate of their value to the charity or the amount actually realised and are included in the SOFA a5 Incoming resources when receivable. Donated services and faci5ities These are only included in incoming resource5 (with an equivalent amount in resources expended) where the benefit to the charity 15 reasonably qvanlifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility recelved. Volunteer hel The value of any voluntary help received is not included in the accounts but 15 described in the trustees, annual report. Investment income This is included in the accounts when receivable. Expenditure and liabilties reco nition Liabilities are recognised as soon as there is a legal or constructive obligation committing the congregation to pay out resources. 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 trustee5 on governance or constitutional matters. Grants able without erformance conditions These are only recogni5ed in the accounts when a commitment has been made and there are no conditions to be met relating lo the grant which remain in the control of the charity. 13
CUNNINGHAM MEMORIAL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 DECEMBER 2025 ACCOUNTING POLICIES- CONT'D ASSETS Tan ible fixed assets Details of historic costs of thi5 cla55 of asset is not available. This being the case all assets have been included in the balance sheet at valuation. No depreciation has been provided on these asset5 as the current estimated residual value is not le55 than the carrying value and the remaining useful life currently exceeds 50 years. Tangible assets are de-recognised Dn disposal or when no Future economic benefits are expected. On disposal. the difference between the new disposal proceed5 and the carrying amount is reco8nised in the statement of financial activities and included in other operating gains/llosse51" In the future any fixed a55et additions will be recogni5ed at cost and depreciated at rates to write ofl their cost, less estimated residual value, over their expected useful life. The Trustees have agreed that any fixed asset addition with a value of less than £5,000 does not need to be shown as assets and will simply be written off as expenditure in the year of pijrchase. DONATIONS AND LEGACIES UNRESTRICTED FUNDS RESTRICTED FUNDS ENDOWMENT TOTAL FUNDS TOTAL FUNDS FUNDS 2025 2024 Recorded givin8 Loose collections Donations gifts Gift aid 149,750 2,428 1,077 27.240 180,495 69.720 16,616 2,035 14,696 103,067 219,470 19,044 3,112 41,936 283.562 217,516 17,198 6,156 39,622 280,492 CHARITABLE ACTIVITIES UNRESTRICTED RESTRICTEO FUNDS ENDOWMENT TOTAL FUNDS 2025 TOTAL FUNDS 2024 FUNDS FUNDS Organisation income Sale of study books etc Membership fees 1,442 1,442 1,516 1.164 4, 122 3,470 1,514 1,142 6,126 1.516 1.164 2,606 1.516 14
CUNNINGHAM MEMORIAL CONGREGATION OF THE PRESBYtERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 OECEMBER 2025 OTHER TRADING ACTIVITIES UNRESTRICTED RESTRICTED ENDOWMENT TOTAL TOTAL FUNDS FUNDS FUNDS FUNDS FUNDS 2025 2024 Letting premises Rental income 500 500 7,798 8,298 590 7,798 8,298 7.326 7,916 INVESTMENT INCOME UNRESTRICTED RESTRICTED ENDOWMENT FUNDS TOTAL FUNDS 2025 TOTAL FUNDS 2024 FUNDS FUNDS Bank interest Income from bequests 4,757 22 4,779 2,348 7,105 22 7,127 4,666 22 4,688 2,348 OTHER INCOME UNRESTRICTED RESTRICTED ENDOWMENT TOTAL FUNDS 2025 TOTAL FUNDS FUNDS FUNDS FUNDS 2024 Grant income received Other interest received 854 854 854 854 RAISING FUNDS UNRESTRICTED RESTRICTED ENDOWMENT TOTAL TOTAL FUNDS FUNDS FUNDS FUNDS FUNDS 2024 2025 FWO envelopes 1.9(x) 1,900 1,900 1,900 2.000 2,000 15
CUNfJiNGHAM MEMO IAL CONGREGATION OF E PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 DICEMBCR 2025 CHARITABLE ACTIVITIES UNRESTRICTED RESTRICTEO ENDOWMENT FUNDS FUNDS FUNDS TOTAL TOTAL FUNDS FUNDS 2024 2025 General assembly assessments 15,966 758 15,966 758 16,789 764 Presbytery fees Ministry and support staff cost5 Congregational running expenses Oonations to Missions and charities Governance costs Los5 on disposal property Purchase of equipment 115,904 115,904 94,932 40,500 24,436 64,936 80,779 2,500 1,692 50,845 53,345 1,692 47,516 1,620 460 177,780 460 253.061 1,467 243,867 75.281 16
CUNNINGHAM MEMORIAL CONGREGATION OF THE PRESBYtERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 DECEMBER 2025 EMPLOYEES lo ment costs TOTAL TOTAL FUNDS FUNDS 2025 2024 Wages and salaries Penslon contributions 21,469 269 21,738 11,385 11.385 Number of em lo ees The average number of employees, excluding the minister of the congregation, during the vear wa5: 2025 2024 Average number ol employees There we no employees in receipt of employee benefits in excess of £60.000. The minister and the asststant minister of the congregation are employees of the Presbyterian Church in Ireland, which is a separate charity and has not been reflected in the employee cost5 or average eTnployee numbers above. The congregation pays an assessment to the Presbyterian Chuch in Ireland for the minister and a5515tant minister. The following payments were made during the ye3r-. 2025 2024 Minister stipend Assistant stipend 47.837 14,328 62,165 46,220 9,135 55,355 17
LUNNINGHAM MEMORIAL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 DECEMBER 2025 io PENSION COSTS The minister of the congregation is a member of the Presbyterian Church in Ireland Pension Scheme120091. This 15 a scheme operated by the Presbyterian Church in Ireland, a separate registered charity. The congregation pays an assessment to the Presbyterian Church in Ireland equivalenl to the employer's pension 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 averase 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 fundine plan to ensure the Scheme 15 sufficiently funded to meet current and future obligations. A formal schedule of contributions was drawn up on 2 March 2022 whereby the Presbyterian Church agreed to pay 24% of pensionable salaries to cover the accrual of benefits for future seIce, expenses, the cost of insurinE death in service benefits and funding the Scheme deficit. A further Schedule was agreed on 31 Dec 2024 and valid for 5 years, whereby the church contribution was reduced to 17.5% of pensionable salary. The contributions made by the congregation during the year were- TOTAL FUNDS TOTAL FUNDS 2024 2025 Contributions 8,372 11,093 The congregation contributes to a defined contribution pension scheme for its other employees. The scheme and its assets are held by the National Employment SavinES Trust Corporation INESTI. The pension charge represent5 the contributions due from the congregation during that year. TOTAL TOTAL FUNDS FUNDS 2025 Z024 Contributions 269 18
CUNNINGHAM MEMORIAL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 DECEMBER Z025 li TANGIBLE FIXED ASSETS LAND & BUILDINGS EQUIPMENT TOTAL COST OR VALUATION At start of year Additions Disposa15 8,625,262 21,057 212,340 8,837,602 21,057 At end of year 8,646,319 212,340 8,858.659 DEPRECIATION At start of year Provision for year Disposa15 At end of year NET BOOK VALUE At Startof year 8.625,262 212,340 8,837,602 Al end of year 8,646,319 212,340 8,8S8.659 12 DEBTORS 2025 2024 Gift aid recoverable Prepayments Other debtors 41,935 12,125 39.622 12,879 54,060 52,501 19
CUNNINGHAM MEMORIAL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 310ECEMBER 2025 13 CASH AT BANK ANO IN HAND 2025 2024 No l Account 12,656 787 29 30,213 52,204 71,002 13,238 8,800 108 104,408 86,437 400 1,491 22,739 699 59 13,707 50,755 55,082 13.203 8,800 227 101,510 80.119 440 2,064 5,357 1,465 524 Bowling Club Bowling Club Cash on Hand No 2 Account Fixed Term Deposit 2 Busine55 Reserve 2 Catering Endowment Fund Fit For Life cash on hand Fixed Term Deposit I Business Reserve I Parent's & Toddlers account pw Sportsplus Sunday Scliool Youth Fellowship 381.773 356,750 14 CREDITOR5: amounts falling due within one year 2025 2024 Trade Creditors Accruals Other creditors 2,151 2,998 988 6,137 3,982 3,020 498 7,500 20
NNINGHAM MEMORIAL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 DECEMBER 2025 15 FUND BALANCES AND RECONCILIATION OF FUNDS BALANCE AT END INCOME EXPENDITURE TRANSFER BALANCE AT END UNRESTRICTED FUNDS General fund Property fund 255,554 500,000 195,088 1179.6801 121.1001 21,057 249.862 521,057 755,554 195,088 1179,6801 1431 770,919 RESTRICTED FUNDS Property Building & Repair5 United Appeal & Mission Harvest Collection Sunday School Friendship Hour Sportsplus Parents & Toddlers pw Youth Fellowship Midweek Catering Bowlin8 Club Fit For Life Agnes Appeal Asia Link Belfast City Mission ECM End of life care European Mission Fellowship Fundraising concert Middle Eastern Reformed Fellowsh Orange Order Presbyterian Childrens Society Royal British Legio Silk Road Ministries Tearfund 8,325.262 124.859 42 8,325,262 160,629 264 51.966 24,822 5,780 910 2,350 116,1961 124,6001 15,7801 12,0471 12,2711 1131 11,1141 14,9691 12841 13941 1151 13021 13401 12,0201 16151 1,465 328 79 5.375 400 1,504 5,357 440 2.708 284 394 13,203 758 227 1,074 3,765 50 360 221 2,020 615 13,238 816 108 481 481 40 1.350 3,355 478 1.831 413 11,3101 13,3671 14901 11.8381 14131 14571 11,4851 11,2621 11,0891 12,6101 12 12 457 1.473 1.262 1.089 2,722 12 112 8.474,999 108,875 175,2811 43 8.508.636 ENDOWMENT FUNDS Endowment fund 8,800 8,800 8,800 8,800 TOTAL FUNDS 9,239,353 303.963 12S4,9611 9,288,355 21
CUNNINGHAM MEMORIAL CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 DECEMBER 2025 16 RELATED PARTY TRANSACTION One of the Trustees, the minister of the congregation received remuneration OF £47,837 and expenses of £7.388 for acting in that Capacity. Pension contributions of £8,372 were paid by the congregation in respect of the minister to the Presbyterian Church in Ireland Pension Scheme120091. During the year the conEregation contributed the followin6 amounts to Funds of the General Assembly of the Presbyterian Church in Ireland a separate charity- £15,966 for congregational assessments £15,600 towards the United Appeal The congregation contributed £764 towards Presbytery Assessments during the year. There were no other related party transactions. 22