ids.
Charity Registration No: NIC105586
chortered occountants
PORTRUSH PRESBYTERIAN CHURCH
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
IDS Chartered Accountants LLP
23125 Qugen Street
COLERAINE
Co Londondarry
8T52 1 BG

PORTRUSH PRESBYTERIAN CHURCH
ids.
chartered accountants
CONTENTS
Poge
Legal and adminislralivo informats'on
Trustees. report
Independent examiner's report
Statement of financial activities
Slalement of financial posillon
Not88 lo ihe financial statements
10-18

PORTRUSH PRESBYTERIAN CHURCH
ids.
chartered accountants
LEGAL AND ADMINISTRATIVE INFORMATION
Trusteès
Mr 8 G H Simpson
Mr R S Med¢all
Mr SA Mccartney
Mr W A DurTrcan
MrWRDunn
Professor J H Gillespie
Mrw C Harpur
Mr S Medcalf
Mr D McMill8n
Mr W S Peake
Mr S P Vandewer
IAr R Scott
Rev D LeaGh
(Appointed 2 May 20251
Prlnclpal address
3= 16 House
3 Main Street
PORTRUSH
Co Anlrim
BT56 88L
Independent examiner
IOS Charte￿d Accountants LLP
23125 Queen Street
COLERAINE
Co Londonderry
BT52 1BG
8ankBrs
Danske Bank
22 The Diamond
COLERAINE
Co Londonderry
BT52 1DE
Solicitors
Anderson Gillan Barr Ltd
Solicitor5
41 N8w Row
COLERAINE
Co Londonderry
BT52 1AE

PORTRUSH PRESBYTERIAN CHURCH
ids.
chartered accountants
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
The Trustees present their annual report and financial slalefflents for the year ended 31 December 2025.
The financial slalemenls have been prepared in accordance with thè accoLEnling policiès sél out in note 1 to Ihe
financial slalemenls and comply with the Charity's governing document, the Charities Act (Northem Ireland) 2008,
FRS 102 The Financial Reportillg Standard applicable in the UK and Republic ol Ireland" and the Charities SORP
"Accounting and Reporting by Charities.. Slalemenl of Recommended Pracliee applicable lo charities preparing their
accounts in accordance with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
1021"
Oble¢tivès and activitie$
Portrush Presbyterian Church is 3 congregation of the Prgsbyterian Church in Ireland. The Presbyterian Church in
Ireland, as a Reformed Church within the wider body ol Chrisl, is grounded in the Scriplures. and exists to1ove 8nd
honour God through faith in His Son and by the power ol His Spirit. and to enable her members lo play their part in
fulfilling God'8 mission to our world.
The Charity's mission is..
disciples of Jesus Christ.
For the Glory of God to pras$nt Ihtr gospel 50 that tsthgrs will becoma true
To make this rrission a reality, the Charity is committed to the only God-given means of achieving il - the Word ol
God laughl and preached simply, comp8ssionalely, and faithfully.
This mission guides the Charity's Vision, which is to see as many people of all ages come to a personal
relatlonshlp wlth Jesus Chrlsl and grow to become Useful Active Serving members of His church.
Thè congrègation nomally meats for worship every Sunday and visitors are welcorne to join. Sl prowdes a
centre for worship for thè many visitors who com& to Portrush throughout the year. The Sacrament ol the Lord's
Supper is observed on eight occasions during the year. All those who have been baplised and who have made
a profession of faith in the Lord Jesus Christ are admitted to the Lord's Supper. The oongwgalion holds regular
Bible study meetings and prayer meetings, and has a wide range ol organisalions including..
Crèohe
Sunday School
Youth Felloyvship
Boys. Brigade
Girls, Brigade
Tea and Tols
Presbyttsrian Women
Praise Group
Choir
Craft Group
8owling Club
New Beginnings.. a charity shop as a community seNice
Achlevement5 and performance
Worshlp and prayer
The congregation normally rneels for worship each Sunday a111am and 6.30pm. During the week a range of Bible
study groups provides opportunities for mernbers to meet together for fellowshlp, lo study the Scriptures, and for a
lime of prayer.
As well as OUT regular setvices during the year we acknowlèdged God'5 gift ol new life al one Sacrament ol
Baptism, gave thanks for faithful service, and sought lo Comfort those who had been bereaved during the year.
Al 31 December 2025 there were 262 communicant members and 192 families connected with the
congragation. The average attendance at moming worship averaged 350 from September to May and 500-600
from Juna to August. Online attendance, a fluclualing measure, varied belween 150 and 250.

PORTRUSH PRESBYTERIAN CHURCH
ids.
chartered accountants
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Pastoral care
Members of the congregation who are unable lo attend ¢hurch due lo sickness or age are visited on a regular
basis by the rninister, elders or by one of the congregation's pastoral visitors. Video and audio recordings ol the
moming service are distributed weekly lo those unable lo allend, and communion seNicès hèld. as appropriate.
Since the beginning ol the pandemi¢. all in-person morning services have been live-streamed. Counselling is
available for all members ol the church family, as required, and is provided by members of the Ministry team,
and there is a strong emphasis on the distribution ol practic81 support lor those in need.
Mlsslon and outreach
Al a local level our tllission is expressed by our worship, a key element ol our expressillg our lov& for God. Our
worship is therefore inclusive of age and style, allowing those whom God has so gifted lo creatively express
their love by thes& gifts.
We promot8 fellowship within the church and encourage each mambèr lo see hislher responslbility lo be a
calalysl lor fellowship, caring, sharing, praying, encouraging, and visiting. This also challenges us as lo our
responsibility lo develop fellowship with Christians outside our chLJrch. This is the basis for our outreach to tha
whole local community In caring service and evangelism. not only as individuals and families. bLJt through tha
activities ol the organisations listed above and below.
The congregation supports the United Appeal for Mission, which is a central fund of the Pre5byterK3n Church in
Ireland. This fund enables congrtsgalions lo support the wider mission and outreach of the denomination
beyond what the congregation could do on ils own. The United Appeal Furid provides financial support lor
mission personnel al home and overseas, as515ls congregations with the deployment of locally-based staff,
enables church planting, provides grant support lor the upkeep of church premises, assists with the running
costs of Union Th8ological Gollege, the church's training college for ministry students. and financially supports
congregations in the areas of worship, discipl¢ship. global mission. outreach, lea¢Jership and pastoral care.
There is also further giving in 5UPPOrt of a range ol olh$r rnission activities.
Presbytery
The congregation was represented at the regular meetings of Presbytery by our minister andlor one of the elders.
This provides an important link between the congregations and the wider structures of the church.
General Assembly
The rninisler and one of our elders were nominated to attend the meeting ol the General Assembly of the
Pre5bylerian Church in Ireland held in Assembly Buildings, Belfast, in June.
Property
Earfy in 2023 serious leaks in th8 pipes for the central h881ing of the church led lo thè rapla¢erYEnl of those
pipes and the complete resurfacing of the rear car park. Under which the pipes were laid. This proje¢l was
successfully completed in September 2023. In 2024 the repainting of and repairs lo the 3..16 building wer
undertaken, and minor improvernenls made to the church halls, and the Church Manse and grounds were
extensively renovated and refurbished in preparation lor the arrival of our new Minister.

PORTRUSH PRESBYTERIAN CHURCH
ids.
chartered accountants
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Organisations
In addition to our Sunday School, Youth Fellowship and Home Bible Study Groups, which met regu18dy
throughout the year, th&re are a number ol thriving organisalions. Our branch ol Presbyterian Wornen nel
monthly during winler and autumn in support of missionary and discipleship work in the church. Our Gids,
Brigade Company meeis each Monday during the winter and autumn terms with, on average. iwenty-eighl
aged from three lo eighteen attending. Our 6oys' Brigade Company meets each Friday, also during the winter
and autumn terms, with more than twenly-seven boys of the sarne age range regulady attending. Each
organisalion provides a range of activities ol games, crafts. Bible leaching, 2nd so on. Our Tea and Tots group
meets every Friday morning in our halls. Eighteen children and their carers are regular attenders. These
organisations attract participants frotm throughout the community, as does our 80￿ing Club, which meets once
a week in Dur halls with betrNeen ten and fifteen regularly allending. Our craft group has a dozen members,
and makes ¢raft items for dislribvlion lo those in need both al home and abroad.
Rèality 3,'16, OLJr Worldviow programme, met regularly throughout the year, in High Kirk Presbyterian Church.
8allymena. with participants frorn all over the province engaging in significant study of the Christian faith in
relation to the challenges of our modern world.
Voluntgars
The Trustees wish lo acknowledgg tt)gir deep appreciation ol the more than one hundred church members and
others who give freely of their b'me by serving on committees and helping with these organisalions and other
church activities.
Public Beneflt statement
The Presbyterian Church in Ireland meets the public benefit requirement by providing beneffl to its members
and th8 g8n8ral public by making known thè Christian Gosp81 of thè Lord Josus Christ through the
advancement of ￿ligIOn.
The direct benefils which ffow from the purposes of the Church indude the gaining of an understanding of
Christian beliefs as set out in thé Bible and in the Church's subordinale standards Ilhe Westminster
Confession of Faith and the Shorter and Larger Calechismsl lèading lo spiritual and Moral development and
opportunits'es for response to Bible teaching. In turn, this framework leads lo pr8ctical expressions of Christian
beliefs and standards in the local community, such as through the ¢are of those in need (including Ihe sick.
disabled and bereaved).
Generally, the above benefit5 are delivered locally by congregations and their members. or are facilitated
through Presbyteries or are organised and delivèred centrally. Local delivery is lacililaled by central resources
In almost all cases. Public access is made known through the use ol noticeboards, printed matarial. press
advertistsmenl, websites, social media Dr in other ways.
The benefits are demonstrated through r8gular evaluation ol ihg services and informal ar¢d atshoc feedback
from members, their families, and members of the public.
The purpose does not lead lo ham. The only private benefit flowing from our purpose is related lo Ministers.
Missionaries, Deaconesses. Irish Mission workers and Lay Agents who receive benefits as a result ol their
h&ding offi¢& or employment. However, this is incidental and ￿e￿ssary in order to further our charitable
purpose. There are no other private benefits. The beneficiaries of Ihis purpose are members, their tsmilies,
other individuals with whom the Presbyteriall Church in Ireland is in direct and indirect contact, the ￿[￿MunitY
in which pastoral services a￿ provided and other communibes throughout Northern Ireland. the Republic of
Ireland, and worldwide which benefit from our engagement with and support lor both Christian and other
secular organisations, charities and Individu81 members of the public.
The Kirk Session has had regard to the Charity Commission's public b&n8fil requirement slalulory guldance.
The congregation of Portrush provides facilities for other Churches and Christian groups from lar and widg lor
trips and events, and lor ¢onleren¢e facilities.
The church also maintains, through Ihg gfforts of our Propety committee. the extensive Grade 2 buildings on our
Main Street Portrush site, which represent some of ihe most important heritage buildings of the town and area.

PORTRUSH PRESBYTERIAN CHURCH
ids.
chartered accountants
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Flnancial review
The congregation's main source of income is members, contributions through thè Waekly Freewill Offering.
There were 133 contributing families during the year 12024.. 1311 donating a lolal of £114,912 12024..
£108,370)
The total income of the congregation during the year was £318,053 compared lo £295.407 in 2024. Total
expenditure increased to £287.633 from £236,364.
Going ¢oncern
The activities of the congregation are dèpendenl on ongoing contributions from ils mernbers. The Trustees are
of the opinion that the Congregation has sufficient resources at the dale ol approval of these financial
statements lo meet commitments that will arise in the year froFn the dale ol signing this report and subject to the
continuing support from members to fund on an ongoing ba51s the congregation's current aGlivilies arKI other
rinancial commitments.
Reserves policy
The Trustees have considered the lev81 ol unrgslrict&d reservès that il is appropriate to hold laknng account of
currenl and ongoing commitments. 11 is th8 policy of the Truslges lo hold al 1&8sI one monlh's norm
expenditure. Al the year-end unrestricted reserves were £144,629, whi¢h represents a higher level ol reserves
than required by this policy. The Trustees however. consider it prudent lo hold reserves al this level as the
funding of ils present activities is dependent of the ongoing financial support of members.
Rlsk r¢vlow
A review ol major risks has been und8rtak8n by the Trustees, and systems and procedures implèment￿ lo
manage identified risks. The principal risks am in rèlation t(> the likelihood of repulalional dam8ge and financial
risks associated with the expectation of ongoing financial support from members. These risks are mitigated by
the Trustees and the Congregational Committee regulady monitoring th8 various acts'vilies of the congregation
al slated meetings and by encouraging members in their regLJlar giving.
Structure, governance and management
The Charity is an unincorporated organisation.
The Trustee5 who served during the year and up lo the date of signature of the financial statements were..
Mr B G H Sirnpson
Mr R S M8d¢all
Mr SAMcCartney
Mr WA Duncan
MrWRDunn
Professor J H Gillespie
Mr W C Harpur
Mr S Medcalf
Mr D Mcmillan
Mr W S Peake
Mr S P Vandevyver
Mr R Scott
Rev Dr J Coulter
Rev D Leath
IResign8d 2 May 20251
(Appointed 2 May 20251

PORTRUSH PRESBYTERIAN CHURCH
ids.
chartered accountants
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
The Klrk Session
The charity trustees of the congregation are the mernbers ol its Kirk Session. Under the congregation's
goveming document. The Code, the book ol Ihe conslitulion and government ol the Presbyterian Church in
Irgland. Ihe Kirk Session seeks lo watch over and promote tha spiritual inlerest ol the con9regalion and DI
persons not connected with any congregation who are within its bcjunds. It ensures pastoral care is in place in
the ¢ongregats'on and seeks lo further the contribution of the Church to Christian witness and service in Ihe
local community. The Kirk Session has delegated to its Congregational Committee the ternporal affairs of the
¢ongregation including administering all funds and property belonging lo th8 ¢ongregabon. MeFnbers ol the Kirk
Session are ex-officio mernbers of the Collgregalional Commilleo.
The Kirk Session consists of the ordained minister (currently the convenor of the vacancy) and Ihe ruling elders
ol the congregation. All Me￿be[S are entilled lo propose. speak and exer¢ise equal votes al meetings, except
that the Moderator, the minister in acb've duly in the congregation, has no deliberabve but only a casting vole.
Slated meetings of the Kirk Session are héld at lèasl fiva timès a year.
To be chosen lor the offiTr of th$ eldership in the congregation a person musl be a voting member and a regular
attendant on its ordinances. The selection of Ihose proposed lo be called to the office can be either by Ihe
congregation or by the Kirk Sossion. Members are elected il Ihey obtain two-thirds of those who vole.
Presbytery
Under the Presbyterian Church in Ireland form of governance the corporate oversight of a congregation is the
responsibility of a Pr&sbyt8ry which superintends generally the spiritual and temporal affairs of the
congregations assigned to il by the General Assembly ol the Presbyterian Church in Ireland. Portrush
Presbyterian Church has been assigned lo the Goleraine and Limavady Presbytery ol the Presbyterian Church
in Ireland. The membership of the Presbytery consists mainly of th8 active ministers ol congregations assigned
lo il by the General Assembly, ministers who have retired from active duly. and an eldor appointed by the Kirk ol
S&ssion ol each congregation.
Thè General Assembly
The General Assernbly is thè supreme court ol the Church, repr8senting, in one body. the whole Church, and
acting as ils supreme l&gislative, adminislralive and judicial authority in dealing with all mallers brought before
it. The General Assefflbly is normally constituted in June for worship and to conduct ils business. Al the end ol
business. il is dissolved. The membership ol Ihe General Assembly consists mainly ol the active ministers ol
each congregation, retired ministers and a representative elder appointed by the Kirk Session of each
congregation.
Th8 Trustees, rgport was approvod by Ihe Kirk of Session and signed on its behalf by
Professor J H Gillespie
Truste•
ev D Leach
Trttstaè
15 February 2026

PORTRUSH PRESBYTERIAN CHURCH
ids.
chartered accountants
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF PORTRUSH PRESBYTERIAN CHURCH
l ￿port on the financial statements of the Chaiity for the year ended 31 De¢ember 2025, which are sel out on pages
81018.
Respectlve responslbillties of charlty Trustees and examlner
As the Charity's Trustees you are responsible lor the preparation ol the financial slalemenls in accordance with the
Gharilies Act (Northern Ireland) 2008.
11 is my responsibility lo..
examine the financial slalemenls under section 85 01 the Charities Act (Northern Ireland) 2008.,
follow the procedures laid down in the general Oirections given by the Commission undei Section 6519llbl
ol the Chaiilies Act (Northern Ifelandl 2008", and
slate whether particular mallers have come lo my attention.
Basis of Independent examlner's report
I have examined your charity financial 51alemenls as required under section 65 01 the Charities Act INorthem
Ireland) 2008 and my examination was carried out In accordance with Ihe general Directions given by the Charity
Commission lor Northern Ireland under se¢lion 6519llbl ol the Charities Act. The examination included a review ol
the accounting records kept by the ¢harity and 8 comparison ol the financial slatements presented wrth those
records. 11 also induded consideration of any unusual items or disclosures in the financial statements, and seeking
explanations from you as charity Iruslees concerning any such matters.
My role is lo slate whether any material mallers have come lo my allenlion giving me Gause lo believe that..
1. Accounting records were not kept in accordance with section 63 of the Ch8rilies Act (Northern Ireland)
2008.. or
2. The financial slaternenls do not accord with those accounting records., or
3. The financial slaleinenls do not comply wlh the accounting requirements of the Charities Act {Northern
Ireland) 2008, or
4. There is further information needeil lor a proper understanding of the financial statements lo be reached.
Independent examlner's statement
Since the Charity's gross income exceeded £250,000, the independent examiner musl be a member of a body
listed in section 55 of the Charities Act (Northern Irelandl 2008. 1 CDnfirm that l am qualified lo undertake the
examination because l am a member of Chartered Accountants Ireland, which is one of the listed bodies.
I have completed my examination and I have no concerns in respect ol the matteis11110141 Iisled above and, in
connection with followng the Directions of the Charity Commission for Northern Ireland, I have found no mallers
that require drawng lo your attention.
Mrs Alison Wallace
IDS Chartered Accountants LLP
23125 Queen Street
COLERAINE
Co Londonderry
BT52 1BG
15 February 2026

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PORTRUSH PRESBYTERIAN CHURCH
ids.
chartered accountants
STATEMENT OF FINANCIAL POSITION
ASAT31 DECEMBER 2025
2025
2024
Notes
Fixed a55ets
Property. plant and equipment
Investment propety
Investments
15
7,064,254
158.697
120,079
7,064,254
158,697
125,473
17
7.343,030
7,348,424
Current assèts
Trade and other receivables
Cash al bank and in hand
18
3,861
320.515
4,940
289,024
324.376
11.2391
293.964
19071
Current liabilities
19
Net ¢urrgnt as$gt$
323,137
293.057
Totsl as$¢t$ 1gs5 ¢urr•nt liabllltl•$
7,666,167
7.641.481
Th8 funds of the Charty
Endowment funds
R8slrictad income funds
Unrestricted funds
83,093
7,438,785
144,289
85,395
7,441.728
114.358
7.666.167
7,641,481
The financial statements were approved by the Truslees on 15 February 2026
Professor J H Gillespie
Trustee
Rev D Leach
Trustèè

PORTRUSH PRESBYTERIAN CHURCH
ids.
chartered accountants
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Accounting policies
Charity information
Portrush Prtssbyterian ch￿￿h is an L5nin¢orporal&d charity operating in Northern Irgland.
1.1 Basls of pr8paratlon
The financial slatements have been prepared in accordance with the Charilies Act (Northern Ireland) 2008
and °Accounling and Reporting by Charities.. Slalemenl ol Recommended Practice applicable lo charities
preparing their accounts In accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021" las amended for accounting periods commencin9 from 1 January 20161. The
Charity is a Public Benefit Elllity as defined by FRS 102.
The Charity has taken advantage Of the provisions in the SORP lor charities applying FRS 102 Update
8ullelin 1 not lo prepare a Slalemenl of Cash Flows.
The financial statemenis are prepared in sterfing, which is Ihe functional cUr￿ncY of the Charity. Monetary
amounts in these financial slalements are rounded to Ihe nearest £.
The financial statements have been prepared under the historical cost convention, modified lo include the
revaluation of f￿ehOld properties and to include investment properties and certain financia1 instrLmenls al fair
valLJe. The principal accounting policies adopted are sel out below.
1.2 Golng concèrn
Al the lime of approving the financial slalemenls. the Truslees have a reasonable expectation that the Charity
has adequate resources lo ¢onlinuè ill operaliorial existence for the loreseeab19 future. Thus th8 Tr￿lee$
continue lo adopt the going concern basis of accounting in preparing the financial 5talemenls.
1.3 Charitable funds
Unreslricled funds are available for use al the discretion ol the Trustees in furtherance of their charitable
objectives.
Reslrfcled funds are subject lo specific condillons by donors or grantors as lo how they may be used. The
Purposes and uses of Ihg restricted funds ar& sel out in the notes lo the financial sialemtrnts.
Endowm8nl funds are subjoct to specifi¢ ¢ondilion5 by donors that the capital musl be rnainlained by Ihg
Charity.
1.4 Income
Incorne is recogni5ed when the Charity is legally enliled io il after any performance conditions have been
mel, the amounts can be mtsasured reli8bly, and il is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in
relation to donations received under GiftAid or deeds ol Covenanl is recognised al the time of the donation.
Legacies ar& recognised on rgceipl or otherwise if the Charity has been notified of an impending distribuliDn,
the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a
onlingenl as5el.
Assets for distribution a￿ recognised only when distributed. Assets given for use by the Charity a
recognised when receivable. Stocks of undistribuled donated goods are nol valued for balance sheet
purposes.
Revenue Is measured al the lair value of the consideralion received or receivable and represents arnounls
receivable for goods and services provided in the normal course of business. nel of discounis.
10-

PORTRUSH PRESBYTERIAN CHURCH
ids.
¢hartered occountant5
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Accounting policies
{Contlnuedl
1.S Expèndlture
Liabililies are recognised as swn as there 15 a legal or constructive obligation committing the congr8galion lo
pay out resources.
Governallce costs are shown within charitable activities and include the costs of preparation and examination
of accounts. the costs of trustee meeb'ngs and cost of any legal advi￿ lo Iruslees on govemance or
constitutional matters.
1.6 Property, plant and equipment
Property. plant and equipment are initially measured al cost and subsequently measured al cost or valuation,
nel ol depreGialion and any impairmènt losses.
Depr&cialion is recognised so as to wrile off th& cost or valuation ol assèts lass their residual values over th8ir
useful lives on the following bases..
Freehold land and buildings
Fixtures and fittings
Computers
O°/D straight line
20¢10 51r8ight line
25Yo straight line
Land and buildings are valued al market value and are subject lo regular revaluations every 3 years and, a5
such, are not depreciated.
1.7 Investment property
Inveslmenl property, which is property held to earn rentals andlor for capital appreciation, is inih.ally
recognised al cost, which includes th8 purchase c051 and any directly attributable expenditure. Subsequently
it is measured al fair value 81 the reporting end dale. The surplus or deficit on revaluation is recognised in
profit or loss.
1.8 Non-currertt Investmènts
Fixed asset investments are initially measured al transaction price excluding transaction ¢osls, and are
subs8quently measured at fair value at each reporting date. Changes in fair value are r8cognised in net
Incomellexpendilurel for Ihe year. Transaction costs are expensed as incLJrred.
1.9 Impalmignt of non-current assets
At each reporting end date, the Charily reviews the carrying amounts of ils tangible assets to delemine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exists. the recoverable amount of the assel is esb'maled in order lo determine the extenl of ￿e Impairment
loss lif any).
1.10 Cash and cash equivalent5
Cash and Cash equivalents include ¢ash in hand, deposits held al call with banks, olher short-lemi liquid
inveslmenls with original rllalurilies ol three months or less. and bank overdrafts. Bank overdrafts are shown
within borrowings in current Iiabililies.

PORTRUSH PRESBYTERIAN CHURCH
ids.
hartered accountants
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2025
Accounting poll¢les
(Continued)
1.11 Flnanclal Instruments
The Charity has elected lo apply the provisions of Section 11 'Basic Financial Inslrumenls, and Section 12
'Olher Financial Instrumen15 Issues, of FRS 102 to all ol ils finanaal instruments.
Financial instruments are recryJnised in the Charity's balance sheet wh6n thè Charily becomes party to the
contractual provisions of the inslrumenl.
Financial assets and liabilities are offset, with the nel amounts presented in the financial slalernenls. when
there is a legally enfor￿able right lo sel off the recognised amounts and the￿ is an Intention lo settle on a nel
basis or to realise the asset and settle the liability simultaneously.
Basic financial a5Sèts
Basic financial assets, which include Irdde and othgr ￿calvables and cash and bank balances, are initially
measured al transaction price including Iransaclion costs and aro subsoqueftlly carried al amortised cost
using the effecb've interest method unless the arrangemenl conslitutès a f5nancing Iransaclion, where thè
transaction is measured al the present value of the future receipts discounted at a market rale of interest.
Financial assets classified a5 receivable within one year are not amortised.
8asic financial liabilities
Basi¢ financial liabilities, including tradè and other payables and bank loans are initially re¢ognised al
transaction pri￿ unless the arrangement conslilules a financing Iransaclion. where the debt instrumgnl is
measured at the present value of the future payments discounted al a market rate ol inleresl. Financial
liabilities classified as payable within one year are not amortis8d.
Trade payables are obligations lo pay lor goods or services that have been acquired in thè ordinary course ol
operations Irorn suppliers. Amounts payable are classified as current liabilities il payment is due within one
ytsar or less. If not. they are presented as non-currenl liabilities. Trade payables are recognised initially al
Iransa¢ts'on prico and subsequ?nUy measuTrd al amortised cost using the effective interest melhod.
Derecognilion of financial liabilities
Financial liability'es are dere¢ognise(I when the Charity's contractual obligations expire or are distharged or
¢an¢elled.
Critical accounting estimates and judgements
In the application of the Charity's accounting policies, the Trustees are required lo make judgernenls.
&slimales and assumptions about the Carrying amount of assets and liabilities that are not readily apparent
Irtsm other sources. The estimates and associated assumptions are based on historical experience and other
laclors that are considered lo be relevant. Actual results may differ from these estimales.
The eslirnales and underlying assumptions a￿ reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is r&vised where the revision affecis only thal
period, or in the period of the revision and luluro periods where the revision affects both current and lulure
Pgriods.
Incom8 from donations and legaciès
Unrestricted Restricted
funds
funds
2025
2025
Total Unrestriet•d Restricted
funds
fund$
2024
2024
Total
2025
2024
Donations and gifts
172.892
71,551
244,443
149,059
77,967
227,026
12

PORTRUSH PRESBYTERIAN CHURCH
ids.
chartered accountants
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Income from donations and legacie5
{Contlnuedl
Unrestricted Restricted
funds
funds
2025
2025
Total Unrèslricttd R85tricted
funds
funds
2024
2024
Total
2025
2024
Donatlons and glfts
Loose collections
Donations and gift5
Gift Aid
Legacies and bequest
139,889
900
23,307
8,796
25.217
34,995
11.339
165,106
35,895
34,646
8,796
126,658
200
21,512
689
27,534
38,244
12.189
154,192
38,444
33,701
689
172,892
71.551
244,443
149,059
77,967
227,026
In¢om¥ from oth¢r trading a¢tivltles
Unrestricted Reslrlctad
funds
funds
2025
2025
Total Unrèstrletad Restricted
funds
fund5
2024
2024
Total
2025
2024
Church events, sale of
bookslCDslDVDslchurch
magazines and New
Beginnings shop
344
41.750
42,094
666
47,029
47,695
Income from investments
Unrestricted Restricted
funds
funds
2025
2025
Total Unr&$trlct•d Ro$tricted
funds
fund5
2024
2024
Total
2025
2024
Renial in¢om8
Interest receivablo
1,434
3,561
18,390
456
19,824
4,017
500
3,329
11,794
913
12,294
4,242
4,995
18,846
23,841
3,829
12,707
16,536
Other Sncome
Unrestricted Restricted
funds
funds
202S
2025
Total Unrgstrlctèd Restricted
funds
fund5
2024
2024
Total
2025
2024
Other Income
140
7,535
7,675
4,150
4,150
13

PORTRUSH PRESBYTERIAN CHURCH
ids.
chartered accountants
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Expendlturg on ralslng funds
Unrestricted Unrestricted
funds
funds
2025
2024
Fundralslng and publlclty
FWO envelopes
650
628
Expenditure on charitable activities
Governance Governancè
costs
costs
2025
2024
Dlract costs
General Assembly assessments
Presbyiery lees
Ministry and supwjrt staff costs
Congregational running expenses
Donations lo missions and charities
13.708
912
77,033
140.874
50,602
14,383
1,070
49,874
131.575
36.091
283,129
232,993
Shar8 of support and govèrnance costs Is88 note 91
Governance
4.194
2,743
287.323
235,736
Analy5rs by fund
Unroslricted ILJnds
Restricled funds
Endowment funds
146,676
139,997
650
102.056
133,680
287,323
235,736
Support costs allocated to activities
Governance
costs
2025
Total
2024
Goveman¢e
4,194
2,743
14

PORTRUSH PRESBYTERIAN CHURCH
ids.
Chartered accountants
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 310ECEMBER 2025
Support costs allocated to a¢tlvltles
Icontlnuedl
2025
2024
Gov¥rnance c0515 comprise-
Accountancy
Legal and professional
Annual reports
Training
Advertising, printing. stationery and postage
Bank interest and charges
1.180
357
110
475
1,507
565
840
410
894
599
4,194
2.743
10 Nat movernent In funds
2025
2024
Th6 nel movement in funds is stated after chargingllcredilingl..
Fees payable lor the independ8nl examination ol the charity's financAal
stalemenls
840
11 Trustees
One of the Trustees, the minister of the congregation received remuneration of £28.863 12024.. £nill and
expenses of £5,36412024.' £nill lor acting in that capacity. Pension contributs'on ol £5.051 12024.. £nill wer8
paid by the congregation in respect ol the minster lo the Presbyterian Church in Ireland Pension Scheme
120091. None ol the other Iruslees received any retnuneration.
Two Truslees. were reimbursed a total of £2.197 expenses paid on behalf ol the chur¢h12024.. £1,885}.
12 Employees
The averaga monthly number ol efflployeÈs during the year was..
2025
Numbor
2024
Numb•r
There were no employees whos& annual remunernlion was more than £60,000.
13 Galns and losses on invgstments
Restricted Endowment
funds
funds
2025
2025
Total
R8strlcted Endowment
fund5
funds
2024
2024
Total
2025
2024
Gainslllossesl arising on..
Revaluation of
inveslrnents
12,0841
13,3101
15.3941
2.189
3,476
5,665
15

PORTRUSH PRESBYTERIAN CHURCH
ids.
hortered occountonts
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
14 Taxation
The charity is exempl from lax on income and gains falling withiri section 505 01 the Taxes Act 1988 or section
252 of the Taxats'on of Chargeable Gains Act 1992 to the exlenl that these are applied lo its charitable objects.
15 Property, plant and èqulpmont
Frèehold land Fixturès and
and bullding$
flttlngs
Computers
Total
Cost
Al 1 January 2025
7,064.254
19,464
2.309 7.086.L127
At 31 December 2025
7,064,254
19,464
2,309 7,086,027
Dèprèciation and impairrnenl
Al 1 January 2025
19.464
2,309
21,773
Al 31 December 2025
19,464
2.309
21,773
Carrylng amount
At 31 December 2025
7,064,254
7,064,254
Al 31 December 2024
7,064,254
7,064,254
16 Investment propérty
2025
Fair value
At 1 January 2025 and 31 Decernber 2025
158,697
The investment property is no. 14 Mark Street. Portrush. 11 was previously th& Church caretaker's house, but
was lel on an arm5, length basis in 2018 and was reclassified as an investment property in the year ended 31
December 2018. The property was revalued in January 2024 by R Davis & Company.
16

PORTRUSH PRESBYTERIAN CHURCH
ids.
chartered accountants
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
17 Flxed asset investments
List&d
investments
Cost or valuation
Al 1 January 2025
ValLJab'on changes
125,473
15,3941
Al 31 December 2025
120,079
Carrying amount
At 31 Decembér 2025
120,079
Al 31 December 2024
125,473
18 Trade and other recelvables
2025
2024
Amounts falllng duo wlthln one year..
Olhei receivables
Prepayments and accrued incorne
3,214
647
4.548
392
3,861
4,940
19 Current liabilities
2025
2024
Other laxalion 2nd social se¢urily
Accruals and deferred income
399
407
500
1,239
907
20 Analysls of net assets tsetween funds
Unrestricted
funds
2025
Restricted Endowment
funds
fynd5
2025
2025
Total
2025
At 31 Dècomber 2025..
Property, plant and equipment
Investment prop8rties
Investrnen15
Currenl assetsllliabilitiesl
7.064,254
158.697
46.402
169,432
7,064,254
158.697
120.079
323,137
73.677
9,416
144,289
144,289
7,438,785
83,093
7,666,167
17-

PORTRUSH PRESBYTERIAN CHURCH
ids.
hartered accountants
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
20 Analysis of net assets betwèan funds
Icontlnuodl
Unrg$tricted
funds
2024
Restricted Endowmènt
funds
funds
2024
2024
Total
2024
At 31 December 2024:
Property, plant equipment
Inveslrnenl properties
Investments
Currenl asselsllliabililiesl
7.064,254
158.697
48,486
170,291
7,064,254
158,697
125,473
293.057
76,987
8,408
114,358
114,358
7.441,72B
85.395
7,641,481
21 Rélated party transactions
There were no disclosable related party Iransaclions during the year12024 - non&l.
18-