an
KILLy￿[uR1Us CONGREGATION OF THE PRESB YTERIAN CHURCH IN IRELAND
ST
STATEMEf4T OF FINANCIAL ACTIVTTY FOR THE YEAR Ef4DED 31 DECEMBER 2025
Unrestritted
Funds
Restrlettd
Funds
Endowmellt
Fullds
Total Funds
2025
Total Funds
2024
Notes
Income from:
Donations and legacies
Charitable activities
Investtneiit income
Other income
119,752
332,178
31,135
420
163,904
451,930
31,135
1,568
163,904
452,463
44,703
3,841
85,090
1,112
36
Total income and endowments
120,864
527,637
36
648,537
586,097
Expenditure on:
Cost of raising funds
Cliaritable activities
Other expcnditure
Renovation costs
825
107,155
4,892
1,802
30,456
9,155
812J60
2,627
137,611
14,047
812J60
1,988
138,533
24,417
374,712
Total expenditure
112,872
8S3,773
966,645
539,650
Net iDeomel{expenditure)
7,992
(326,136)
36
(318,108)
46.447
Transfers between fund5
Rcvaluation of fixed assets
Revaluation of investments
10
13
14
(156,090)
156,090
176,536
(2,042)
(2,042)
Net movement in funds
Reconciliation of funds=
Total funds brought fonvard
(148,098)
(170,046)
{2,006)
(320,150)
222,983
194,684
3,858,898
51,110
4,104,692
3,881,709
Total funds carried fonvard
46,586
3,688,852
49,104
3,784,542
4,104,692
IS I Page

an
KILLYMURRIS CONGREGATION OF THE PRESB YTEIUAN CHURCH IN IRELAND
si-
BALANCE SHEET AS AT 31 DECEIIIBER 2025
Unr¢5tricted
Funds
Restricted
Funds
Endowment
Funds
Total Fund5
2025
Total Funds
2024
Notes
Fixed assets
Tangible fsxed assets
Investments
13
14
3,738260
3,738,260
49,104
3.733,260
51,110
49,104
Total fixed assets
3,738,260
49,104
3,787,364
3.784,370
Current assets
Debtors ￿]d prepayments
Cash al bank and in hand
15
28,490
33,491
57,981
53,579
86,471
87,070
78,476
327,377
16
Total Current assets
61,981
111,560
173,541
405,853
Current liabilities
Creditors dv¢ within one
year
17
15J95
100,968
116?63
85,531
TotAI current liabilities
15,395
100,968
116J63
85,531
Net current assets
46,586
10592
57,178
320,322
Total assets less current
liabilities
46,586
3,748,852
49,104
3,844,542
4,104,692
Creditors due after one
60,000
60,000
Total net assets
46,586
3,688,852
49,104
3,784,542
4,104,692
161 Page

an
KILLYIIWRRIS CONGREGATION OF THE PRESBYTEIUAN CHURCH IN IRELAND
ST
BALANCE SHEET AS AT 31 DECEMBER 2025
UDrestri¢ted
Funds
Restricted
Funds
Endowment
Funds
Total Funds
2025
Total Funds
2024
Notes
Funds of the charity
Unrestricted fvnds
Restricted funds
Endowment fund5
19
19
19
46,586
46,586
3,688,852
49,104
194,684
3,858,898
3,688,852
49,104
Total charity fullds
46,586
3,688,852
49,104
3,784,542
4,104,692
Approved by the Kirk Session al & meeting on 2, June 2026 and signed on its behalf by..
Rcv. Ro
nd James Watt
Mr. Samuel George Simpson
Position.. Minister
Position.. Clerk of Session

an
KILLYMURRIS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
ST
CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2025
Total Funds
2025
Total Funds
2024
Cash floiv from operating activities
Net incoiniiig/{outgoing) resources before interest received
Movement in value of tangible fixed assets and investments
Incrcase in debtors
Increase in crcditors
(321,718)
2,006
(7,995)
90032
219,142
(178.716)
(78,476)
85,531
Net casb inflow from illcoming resources
{236,875)
47,481
Return on investtnents and servicing of finance
Intcrest received
I,S68
3,841
(235?07}
51,322
Capital expenditure
Pur¢hase of tangible fLKed asscts
(5,000)
Net increase ill cash for the year
(240J07)
51,322
Cash and cash equivalents at the beginning ofthe year
327J77
276,055
Cash and Cash equivalents at the end of the year
87,070
327,377
181 Page

an
KILLYMURRIS COI¥JGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS 31- DECEMIIER 2025
ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMETr4TS
Thc financial statements have beeli prepared in accordance with Accounting and Reporting by Charities:
Statemei)t of Recotnmended Practice applicable to charities preparing their accounts in accordance wilh Financial
Reporting Staiidard applicable in the UK and Ireland (FRS102) (effective l Jalluary 2019). The Charity is a public
benefit entity
The financial slalements have been prepared undcr the historical cost convention exccpt for investmeTtt asscts,
which are Show￿ at markct valuc. The fuiictional and presentational currency is Sterliiig. The financial statements
include all transaction5, 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 infornial gatherings of
¢hurch members.
PREPARATION OF ACCOiJNTS ON A GOING CONCERN BASIS
There are no material uneertainlies about the charity's ability to continue. The accounts have been prepared on a
going concern basis.
FUND ACCOUNTING
Unrestri¢ted funds ale incomc funds which arc to bc spent on the congregation's gcncral p￿￿oSe5. Dcsignated
funds arc general fuiids set aside by the congregation for use in the future.
Restricted funds comprise revenue donations or grants for & spe¢ifi¢ congregational activity intended by the donor.
Where these funds have unspent balances, interesl on their poolcd invcstinent i5 apportioned to th¥ individudl
fundq on an average ba1￿ce basis.
Endowment funds arc funds, the capital of which must be retained either permanently or at the congregation's
discrction; the income derived from the endowment is to be used either as restricted or unrestricted income funds
depending upoii the purpose for which the endowment was established in the first place.
CRITICAL ACCOUNTING JUDGEMENTS AND ESTILVIATION uNCERTAI[+￿y
Estimates and judgmcnts made in the process of preparing the financial statements are conlinually evaluated and
are based on historical experience and other factors. including expectations of future events that are believed to
be reasonable uiider the circumstances. The Truste¥s do not consider that there are any critical judginents inade
in applyTng the Church's accouiiting policies or that there are any critical accounting estimates or assumptions
whieh may have a significant risk of causing a material adjustment to carrying ￿Ount$ of assets and liabilities
within the next financial year.
191 Page

an
KILLYMURRIS CONGREGATION OF THF PRESBYTERiAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS {cont'd)
ACCOUNTING POLICIES (Collt'd)
INCOMING RESOURCES
(i) Recognition of incom5ng resourees
These are included in the Statement of FÉnancial Activities (SOFA) when..
the congregation becomes entitled lo the resources-
the trustees are virtually ecrtain they will rcccivc thc rcsourcc5; and
the monctary value can bc measured with sufficient reliability.
(li) Ineoming resources with related eIpenditure
Where incoming resources have related expenditure {as with fundraising in¢ome) the incoming resources
and related expenditure &re 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 r￿laimS on donations and gifts
Incoming resources from tax reclaims arc included In the SOFA at the same time ￿ the gift to which they
relate.
(v) Contraetual 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
CiifLq in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually
realised. Gifts in kind for use by tile cliarity are included in the SOFA as incoming resources whcii
receivable.
(vii) Donated services and facilities
These are only included in incoming resources (with an equivalent an]ount 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 seryice or facilily received.
(Vlll) Volunteer help
The value of any voluntary help received is not included in the accounts but is described in Ihe 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 salc of invcsttnents and any gain or loss rcsulting from revaluing
investments to market valuc at ihe end of thc year.
201 Page

an
KILLYMURRIS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRF.LAND
NOTES TO THE ACCOUNTS (cont'd)
Accout+trING POLICLES (cojjt'd)
EXPENDITURE AND LIABILITIES
(xi) Liability recognition
Liabilities are recognised as soon as there is a legal or ¢onstructive obligation ¢ommitting the congregation
to pay out resources.
(xii) Analysis of expenditure by activity
A separate analysis of expenditurc on an activity basis has not been presented, nor considered necessary,
since all expenditure of the ¢harily is committed to the overall functioning of the Church.
(xiii) Governance eosts
Tliese are shown within charitable activitics aiid includc thc costs of preparatioii and examiiiation of
accounts, thc costs of trustee meetings and cost of any legal advice to trustees on governance or
Consti￿tional matters.
ASSETSI(LLiBILITIES)
(xvi) Tangible Fixed Assets
The assets of the Chureh comprise:
Church building and contents at 185 Dunminning Road, G12rryford, Ballymena.
Churcli hall building and conteiits at 185 Dunmiiining Road, Glarryford, Ballymena
Manse at 175 Dunminning Road, Glarryford, Ballymena
Details of historical cost of the above assets purchased prior to I 51 January 2018 are not available. All assets
purchased are included in the balance £heet at valuation. No depre¢iation has been provided on these assets
as the current estimated residual value is not less th￿] thc carrying vaIuc ￿]d the renidining useful life
Currently eA¢eeds 50 years. fhis will bc rcvicwed by on an annual basis by tlic TnistCCS.
Tangible fixed assets for use by the church are eapitalised if they can be used for more ihan one year, and
cost at least £2,500. The Trustees have agreed that any fixed asset addition witli a value of less than £2,500
does not need to be shown as an asset and will simply be written off as expenditure in the year of purchase.
Tangible fixed assets arc dc-rccogniscd on disposal or when no ￿tUre economic benefits are expected. On
disposal, thc diffcrcnce between the disposal proceeds and the carrying amount is recognised in th¢
stalement of financial activities.

an
KILLYMURRIS CONGREGATION OF THE PRESBYTERIAN CHURCH ll¥ IRELAND
NOTES TO THE ACCOUIYTS (eont'd)
ACCOUNTING POLICIES (cont'd}
(xiy) lllvestmellts
Invcsttnents are included in the balance sheet at their market value at the year end.
(xv) Cash and cash equivalellts
Cash and cash equivalents include cash in hand, deposits held and other short-terni highly liquid
investments with maturities of three months or less.
(xvi) Fillallcial instrutnents
The Church only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basis financtal instruments are initially recognised at transaction price and subsequently
measured at their settlement value.
DONATIONS ATr4D LEGACIES
Unrestricted
Funds
Restrieted
Fuuds
Endowment
Funds
Total Funds
2025
Total Funds
2024
Recorded giving:
Donation5 and gifts
Loose collections
Gift Aid
Org¥anisalion fees/m¢mbership
95J61
2236
22,155
272,376
367,737
2,236
80,136
1,821
359,273
1,734
89,441
2,015
57,981
1,821
119,752
332,178
451,930
452,463
CHARITABLE ACTIVITIES
Unrestrittcd
Fund5
Restricted
Fund5
Elld0Trv￿ellt
Fulld5
Total Funds
2025
Total Funds
2024
Charitable aciivities- other
Charitable activities- publi¢aliolls
30,475
660
30,475
660
44,033
670
31,135
31,135
44,703
221 Page

an
K[LLY￿[URIUs CONGREGATIOIN OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOiJNTS (cont'd)
INVESTMENT INCOME
Unrestricted
Funds
Restricted
Funds
Endosvment
Fund5
Total Funds
2025
Total Funds
2024
Deposit interest
PCI General investment fund
1,112
420
36
1,568
1,661
2.180
1,112
420
36
1,568
3,841
OTHER INCOIVJE
Unrestrieted
Funds
Restrieted
Funds
EndowrneNt
Funds
Total Funds
2025
Total Funds
2024
Building project gt•iit income
Othcr grants rcceived
PCI support
Sundry income
160,182
3,722
160,182
3,722
76,647
6,577
276
1,590
163,904
163,904
85,090
COST OF RAISING Ft3Tr4DS
Unrestricted
Funds
Restricted
Funds
Endoivment
Funds
Total Fund5
2025
Toial Funds
2024
FWO envelopes
Fundraising expenses
825
825
1,802
790
1,198
1,802
825
1,802
2,627
1,988
231 Page

an
KILLYMURRIS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (collt'd)
CHAJiITABLE ACTIVITIES
Unrestricted
Funds
Restricted
Fund5
Endowmellt
Funds
Total Funds
2025
Total Funds
2024
Ministry and support staff costs
Coiigregational running expens¢s
General assessments
Utilities
Eveiits and catering expenses
Stationery and teaching materials
Publications
Presb￿ery fees
Donations to Mission￿CharitieS
73239
6J89
10,875
14,036
1,094
232
85
5,629
I,ioi
loo
8,960
469
66
73,324
12,018
11,976
14,136
10,054
701
660
490
14,252
72,794
14,228
12,033
13,015
7,336
884
670
469
17,104
490
800
13,452
107,155
30,456
137,611
138,533
OTHER EXPENDITURE
Unrestricted
Funds
Restrieted
Funds
EndoTrvrnent
Funds
Total Funds
2025
Total Funds
2024
Repairs and maintenance
Governance Costs
391
4,501
7,753
1,402
8,144
5,903
17,890
6,527
4,892
9,155
14,047
24,417
RENOVATION COSTS
Unrestricted
Funds
Rtstrieted
Funds
Endowment
Funds
Totsl Funds
2025
Totrdl Funds
2024
Building contractor
Associated professional fees
Other ¢osts
767,893
41,316
3,151
767,893
41,316
3,151
317,345
57,367
812,360
812,360
374,712

an
KILL YMURRIS CONGREGATION OF THE PRESBYTEIUAN CHURCH ll¥ IRELAND
NOTES TO THE Accouwfs (Cont'd)
10. TRANSFERS BETWEEN FUF4DS
Unrestricted funds are spent or applied at the discretion of the Iruslees to further any of the charity's purposes.
Unrestricted funds may be used to supplemeiit expenditure made from restricted funds.
11. E￿LoYEEs
Employment costs
2025
2024
Wages and salaries
12J36
11,940
The church had two employees during the year (2024.. two).
The inillistcr of the congregation is an employee of the Presbyterian Church in Ireland, which is a separate charity
and they have not been reflected in the employee costs and averagc numbcr of cmployces above. Tiic congregation
pays an assessment to the Prcsb)tcrian Church in Ireland for the minister. The following amounts were paid
during the year..
2025
2024
Minister stipcnd
38,994
37,676
25 | Page

an
KILLYMURRIS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
12. PENSION COSTS
The ininistcr of the congrcgalion is a member of the Presbyterian Chur¢h in Jreland Pension Scheme (2009). This
is a scheme operated by the Presbf(erian Church in Ireland, & separate registered charity. The Congregation pays
an assessment to the Presbyterian Cl)ui'ch ill Ireland equivalent lo the employer's pension contribution foi. the
Scheme and based on the stipend paid to the minister. The preSb￿erlan Church in Ireland Pension Scheme (2009)
is a funded Scheme of the defined benefit type, providing defined benefits based on career average re-valued
salary. The Scheme has assets held in a Sep￿"atelY adniiiii5tcred fund managcd by a board of trustees. rhe
Prcsb)rtcrian Church ￿]d the Schcinc Trustces have agreed a funding plan to ensure the Scheme is sufficiently
fundcd 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 17.50/0 (2024..
24 /0) of pensionable salaries to cover the accrual of benefits for future service, expenses, the cost of insuring
death in Se￿iCe benefits and funding the scheme deficit.
Thc total contributions made by the congregation during the year were..
2025
2024
Contributions
6,824
9,042
261Page

an
KILLYMURRIS CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND
OTES TO THE ACCOUNTS (cont'd}
13. TANGIBLE FIXED ASSETS
Buildings
and
contejjts
Total
Cost I Valuation
As at 1st January 2025
Revaluation
Additions
3,733,260
3,733,260
5,000
5,000
As at 315t December 2025
3,738,260
3,738,260
Depr￿lation
As at I st January 2025
Charge for the year
Disposals
As at 31" December 2025
Net Book Value as at 31" December 2025
3,738,260
3,738260
Net Book Value as at 31" December 2024
3,733,260
3,733,260
Th¢ asscts of thc Church comprise..
Church building and contents at 185 Dunmiiining Road, Glarryford, Ballymena.
Church hall building and contents at 185 Diinminning Road, Glarryford. Ballymena
Manse al 175 Dunminning Road, Glarryford, Ballytnena
14. INVESTMEwrs
PCJ Geiieral
Invcstmcnt
Fund
National
Savings
accounts
Total
Costlvaluation
As at l. January 2025
Movement during the year
47,505
(2,042)
3,605
36
51,110
(2,006)
As at 31" December 2025
45,463
3.641
49,104

an
KILLYMURRIS CONGREGATION OF THE PRESB YTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS (cont'd)
15.
DEBTORS AND PREPAYMENTS
2025
2024
Gift Aid rccovcrable
Grant rcccivablc
Other debtors
Prepayments
82,136
60,462
13,278
276
4,460
4,335
86,471
78,476
16.
CASH AT BANK AND IN HAND
2025
2024
Bank current accounts
Bank deposit accounts
Cash in hand
86,336
326.038
746
593
734
87,070
327,377
17.
CRED￿oRs DUE wrrHIN ONE YEAR
2025
2024
Building consti'uction costs due
Jlllerest free loans repayable
Other cieditors and accruals
37,638
60,0(M)
18,725
78,545
6,986
116,363
85,531
18.
CREDITORS DUE AFTER ONE YEAR
2025
2024
Interest free loans repayable
60,000

an
KILLYMURRIS CONGREGATION OF THE PRESBYTERIAN CHURCH IN IRELAND
NOTES TO THE ACCOUNTS {cont'd)
19.
FUIID BALANCES AND RECONCILL4TION OF FUNDS
Fund
Balance at
start
Balance at
end
ID¢ome
Costs
RtVAluatioll
Transfer
Unrestricted Funds
General account
Repair a￿OUnt
184,684
10,000
120.864
(112.872)
{156,090)
36,586
i 0,000
194,684
120,864
(112,872)
{156,090)
46,586
Restricted Funds
General a¢¢ount
Graveyard account
Repair account
Property account
Sunday School account
PW account
Live Wire account
Girls Brigade account
Happy Tots accounts
Carnlea Bowling
account
Glarryford Bowling
account
Bible and Prayer
account
Chipmunk account
Young Adults account
Friendsliip account
Monday Club account
3,382
9,044
95,520
3,733,260
1,400
2,339
3,574
3,185
19
12,390
10,018
490,287
(12,390)
(7,016)
(816,342)
3,382
12,046
(80,505)
3,738.260
497
1.427
2,179
3,854
150,030
5.000
958
778
3,693
4,870
(1,861)
(1,690)
(5,088)
(4,171)
(30)
(19)
1,530
28
1,558
1,476
286
(232)
(150)
1,380
3.362
593
214
1,049
540
1,076
1,314
350
(2,100}
(399)
(1.508)
(976)
2,311
734
1,112
617
1,330
279
{350)
3,858,898
527,637
(853,773)
156,090
3,688,852
Endowjnellt Funds
National Savings I
account
National Savings 2
account
National Savings 3
account
Bequests account
2,103
21
2,124
872
881
631
47,504
637
45,462
(2,042)
51,110
36
(2,042)
49,104
OVERALL TOTALS
4,104,692
648537
(966,645)
(2,042)
3,784,542
291 Page

an
KILLYMURIUS CONGREGATION OF THE PRESBYTEIUAN CHURCH IN IRELAND
NOTES TO THE ACCO[￿￿ S (eont'd)
19.
FUND BALANCES AND RECONCILIATION OF Fuf4DS (Collt'd)
ADalysis of closing funds
Unrestricted
Fullds
Restricted
Fulld5
Endowment
Funds
Total Funds
2025
Total Funds
2024
Fixed assets
Current assets
Current liabilities
Long tem) liabilities
3,738260
111,560
(100,968)
(60,000)
49,104
3,787,364
173,541
(116?63}
(60,000)
3,784,370
405,853
(85,531)
61,981
(15,395)
Total funds
46,586
3,688,852
49,104
3,784,542
4,104,692
20.
RELATED PARTY TRANSACTIONS
Rev. Roland Watt is a trustee of the church. In his capacity as tlie minister of the congregation he received
rcJnuneration of £38,994 and an expenses allowance of £7,388. Pension contributions of £6,824 were also paid
by the congregation in respect of him to the preSb￿erlan Church in Ireland Pension Scheme (2009). Employer's
NIC of £5,941 was paid to the Presbirterian Church in Ireland for the minister. None ofihe oiher Irustees received
any remuneration nor were any of thcm re-l￿burscd during the year for expenses they incurred in connection with
thcir dutics.
Expenditure in the Statement of Financial Activity includes the following amounts to Funds of the Genera
Assembly of the Presbjterian Church in Ireland, a separate charity..
Asscssments
United Appeal
10.875
8,303
The congregation Contributed £490 towards Presbytery Asscssments during the year.
There were no other relatcd party transactions.
21.
CAPITAL COMMITMENTS
At 31., December 2025 the Church had capital commitmcnts of approximatcly £65,000 in rclation to the on-going
church renovation WOTk5, wliich havc not been provided for in the accounts (2024.. £0.6 million).
These commihnents will be met by funds currently held in bank ac¢ounts, by fi]ture donationslfundraising
activities and by Gift Aid reclaimable.
301 Page