an Ringsend Congregation of the Presbyterian Church in Ireland Financial Statements Year Ended 31" December 2025
RINGSEND CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND STATEMENT OF FINANCIAL AcfiviTY (Recelpts and Payments Account) fi)r the year ended 31.December 2025 IC 105573 Totsl 2024 Note Unrestrlrted Re5trl¢ted Endowment Funds Funds Funds Total 2025 Receipts Donatlons and legacies Charitable activities Other troding activities Investment Income Other Income 48,263 12.343 18.270 60,606 18,270 10,844 4.612 61,925 562 10,618 5,080 iii 10,844 3,978 634 Sub Total 63,085 31.247 94,332 78,296 Sale of Investments Sale of flxed asset5 Loans Recelved Total Receipts 63.085 31.247 94,332 78,296 Payments Raising funds Charitable activities Investment costs Other Expenditure 483 58,884 483 108,290 465 64,234 49,407 2,023 Sub Total 59,367 49.407 108.773 66,722 Purchase of Investments Purchase of fixed assets Loan Repayments Total Payments 59,367 49,407 108,773 66,722 Net receipt£ I Ipaymentsl Transfers between fvnds 118.1591 S,449 (14.4411 11,574 {5,449) Net movement in funds Funds brought fonNard 11.731) 112,7101 16,682 37,056 114,4411 53,738 11.574 42.164 Funds carried forword 12 14,951 24,346 39,297 53,738 Page I
RINGSEND CONGREGATION OF THE PftESBYfERIAN CHURCH IN IRELAND srATEMENT OF ASSETS AND UABILMES As at 31 December 2025 FdS T(al Funds Reconcillatlon Bank and Cash at start of year 16.682 11 7211 37,056 11? 71nl 53,738 Ng rnnir•mont in fiinrl 42,164 11 47a Bank and Cash at end of year 14,951 24.346 39,297 53.738 Bank & Cash Balances 3n hrrniint 24 ?Q7 474A Cash in Hand 39,297 53.738 Flxed Assets- Note 10 Church Premises includinR fixtures and rIngS 2.314,531 2.314,531 otherAssets Investments- Note 11 Gift Aid receivable on donations 135.842 6,335 115.093 6,341 142,177 121.434 Approved by the Klrk Session at a meetinR on Name Date Date ij ZI Page 2
RINGSEND CONGREGATION OFTHE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 31 December 2025 I. ACCOUNTING POLICIES BASIS OF FINANCIAL STATEMENTS A5 the total income of the congregation is less than £250,0(KJ the con8reBation have elected to prepare its accounts on a receipts and payment5 basis, in accordancÈwith the provtsions In The Charities (Accounts and Repjrtsl Regulations (Northern Ireland) 2015. FUND ACCOUNTING Endowment funds are fund5, the capital of which must be retained either permanently or at the congregation's discretlon: 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 lal income from endowments whlch is to be expended onty on the restricted purposes intended by the donor and Ibl revenue donatSons or grants for a specifi¢ congregational artivity intended by the donor. Where these funds have unspent balances, interest on their pooled investment Is apportioned to the indwidual funds on an average balan basls. 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 congreg*ion for use in the future. DONATIONS AND LEGACIES Unre5trlcted Restrlrted Endowment Funds Ful$ FuDd5 Totsl 2024 Total 2025 Recorded giving Loose collections Donations and gift5 Gift Aid 40.109 1,492 640 6,022 7,222 2.785 643 1.693 47,331 4,277 1,283 7,715 46.645 4,275 3,503 7,502 48,263 12,343 60,606 61.925 Page 3
RINGSEND CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS 310ecemlJer 2Q25 CHARITABLE AcfiviTIES Unrestri¢t•d Funds Restricted Endowment Funds Funds Totzl 2024 Total 2025 Income from charitable activities Grants 150 18.120 150 18.120 562 18,270 18,270 562 OTHER TRADING A1VITIEs Unrertrfrt4d Funds Restrirted Endowment Fund5 Funds Total 2025 Tot•1 2024 Tradin8 income 10,844 10,844 10,618 10.844 10.844 10,618 INVESTMENT INCOME Unrertrirted Funds Restrfrted Endo¥mient Funds Funds Total 2024 Totsl 2015 Bank interest Other investment income 251 3.727 375 259 626 3.986 272 4,808 3,978 634 4,612 5,080 Page 4
RINGSEND CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO ThE ACCOUNTS Iconvd) 31 De¢ember 2025 OTHER INCOME UnrÈstrlcted Fund5 Restricted Endcwment Funds Funds Total 21r24 Total 2025 Other income iii iii RAISING FUNDS Unre$trlcted Funds ftestrlcted Endowment Funds Funds Totsl 2025 Total 2024 FWO envelopes 483 465 463 483 465 CHARITABLE AcrwmES Unrèstrlcted Funds Restritted Endowment Fund5 Fund5 Total 20Z4 Totsl 2025 General Assembly Assessments Presbytery fees Ministry and sUPPOrt slaff costs Premises Costs Congregational running expenses Repair5 and Maintenance Donations to Missions and charities Governan costs 7,230 367 33,282 11,417 1.681 3.877 Icx) 930 7.230 367 33,333 11,417 2,549 43.940 8.525 930 8,068 330 32,021 9.893 2,337 2,060 8,717 51 868 40,063 8,425 58,884 49,408 108,291 64,234 Page 5
RINGSENO CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTE5 TO THE ACCOUFtrs {cont'dl 31 December 2025 OTHER EXPENDITURE Unrestricte Ilestrfrted Endowmen d Funds t Fund5 Trtal 20Z5 rotal 2014 Other Expenditure 2,023 2,023 io. FIXED A5$s The congregation owns Ihe Church premises situated at 139 Cashel Road, Ringsend and the manse at 120 Cashel Road, Ringsend together with the a550ciated fixtures. ffttlngs* fittings, plant and machlnery. These have an insurancè value of Church Church Hall Manse 1,489.911 289.927 534,693 2,.314..&4L The congregation also owns approximately 30 acres of land at 120 Cashel Road which had an estimated market value of £240,IXIO at the year end. ii. INVESTMENTS The congre8atlon has the following investments. Amounts are shown at market valuation. 2025 2024 Endowment Funds Pro ressive Buildin Minister Repair and Reserve Societ 2,540 633 3,037 2,750 500 2,540 633 3,037 2,750 500 Sunday school Youth Fellowship 9,460 9,460 Other Investments Unrestrirted Investments NFU Unit Managers Ltd Investment Portfolio Plan HSBC shares138581 Aviva PLC shares1721 Progressive Bullding Soclety 77,104 45,285 493 3,500 71,600 30,197 336 3,500 126.382 105.633 TOTAL INVESTMENTS 135,842 115,093 Page 6
RINGSEND CONGREGATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTES TO THE ACCOUNTS Iconydl 31 December 2025 12. FUND BALANCÉS Balance at start Balance at end Fund Receipt5 Payment 5urplu5 1 (Deflclt) Transfer Unrestrlct•d FundE General Fund 16,682 63,085 59.367 3.718 IS,4491 14.951 16.682 63.085 59.367 3.718 15,4491 14,951 Restrirted Funds Repair and Reserve J"rave Kepair Fund United Appeal Wvrld DewelopTnent Appeal Pres. Children'5 Society Earl Haig Sunday School Cholr 26,531 69 13971 80 21,831 13 3.337 1,553 412 169 91 656 3.055 io 51 70 38.807 116,9761 13 11,0741 12301 4.175 13,730 82 13971 4,411 1,783 412 169 99 1,501 2,024 1,074 Iso 3,075 4,065 1,536 1.811 181 18451 1.031 io 200 3,267 3,220 2,417 1.821 11501 Youth Fellowshlp Minister Rev. Dinsmore Bursary 51 150 286 1801 206 37,056 31,248 49.407 118,1591 5,449 24,346 TOTAL CASH FUNDS 53,738 94,333 108,774 114.4411 39,297 P4e7
Independent examiner's report to the trustees of Ringsend Congregation of The Presbyterian Church in Ireland I report on the accounts of the Charity for the year ended 31 December 2025, which are set out on pages I to 7. Respertlve responslbllltles of trustees and examlner The charity's trustees are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. The charity's trustees consider that an audit is not required for this year under section 65(2) of the Charities Act (Northern Ireland) 2008 (the Charities Act) and that an independent examination is needed. It is my responsibility to: examine the accounts under section 65 of the Charities Act l Northern Ireland12008 to follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65{9)(b) of the Charities Act to state whether particular matters have come to my attention. Basis of independent examiner's report My examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9) Ib) of the Charities Act. My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the next statement. Independent examiner's statement In connertion with my examination, no matter has come to my attention.. (i) which gives me reasonable cause to believe that in any material respert the requirements.. to keep accounting records in accordance with section 63 of the Charities Act and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act 2008 have not been met or (2) to which, in my opinion, further information is required in order to enable a proper understanding of the accou nts to be reached. Olive K Wallace ACMA, CGMA OK Wallace Accountancy and Bookkeeping 101 Coolyvenny Road Coleraine BT51 3SF 14 April 2026