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2025-08-31-accounts

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Greenisland Baptist Church

Financial Statements

for the �ear ended 31 August 2025

Charit� Registration Number 107362

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Greenisland Baptist Church

Charit� Information

P�incipal add�e�� 17 Gla��illian G�o�e, G�eeni�land, Ca�ickfe�g��, BT38 8TE T����ee� M� Leona�d D�dd� M� Ch�i� Do��ian M� Philip Ma��he� Ho�e M�� Joanne Da�id�on M� Uel Cla��on P�e��on M� S�ephen William B�oad M� Michael Sam�el W�lie M�� Nanc� Gi�en� M� Shea Ca��a�co-Boo�h M�� Ro�e Abodi�a Agbana Acco�n�an��/ JSR Cha��e�ed Acco�n�an�� Independen� E�amine�� 44 Blacki�land Road Annaghmo�e Po��ado�n BT62 1NE

Banke�� Dan�ke Bank Belfa�� B��ine�� Cen��e PO Bo� 183 Donegal S��a�e We�� Belfa�� BT1 6JS Cha�i�� Commi��ion Fo� No��he�n I�eland N�mbe� 107362

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Greenisland Baptist Church

Contents
Page
Report of the trustees 1 - 4
Independent E�aminers Report 5
Funds Statements:
S�a�emen� of Financial Ac�i�i�ie� 6
S�a�emen� of Financial Ac�i�i�ie� � P�io� �ea� ��a�emen� 7
Fi�ed A��e� F�nd� 7
S�mma�� of F�nd� 8
Income & E�pendi���e Acco�n� 8
Balance sheet 9
Notes to the financial statements 10 - 21

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Greenisland Baptist Church Trustees Report

for the �ear ended 31 August 2025

The T����ee� p�e�en� �hei� Repo�� and Acco�n�� fo� �he �ea� ended 31[��] A�g��� 2025.

Reference and Administrative Details

The Charit� name

The legal name of �he cha�i�� i� G�eeni�land Bap�i�� Ch��ch.

The charit��s areas of operation and UK charitable registration

The cha�i�� i� �egi��e�ed in NI �i�h Cha�i�� Commi��ion fo� No��he�n I�eland (CCNI), and i� li��ed �nde� �egi���a�ion n�mbe� 107362.

Legal Structure of the charit�

The T���� (�he cha�i��) i� an �ninco�po�a�ed �����, con��i���ed �nde� a deed of �����, and i� �egi��e�ed a� a cha�i�� �i�h HRMC and �i�h Cha�i�� Commi��ion fo� NI.

The�e a�e no �e���ic�ion� in �he go�e�ning doc�men�� on �he ope�a�ion of �he cha�i�� o� on i�� in�e��men� po�e�� o�he� �han �ho�e impo�ed b� Cha�i�� La�.

The Trustees in office on the date the report was approved were as noted below:

M� Leona�d D�dd� M� Ch�i� Do��ian M� Philip Ma��he� Ho�e M�� Joanne Da�id�on M� Uel Cla��on P�e��on M� S�ephen William B�oad M� Michael Sam�el W�lie M�� Nanc� Gi�en� M� Shea Ca��a�co-Boo�h M�� Ro�e Abodi�a Agbana

The follo�ing T����ee� pe�iod of office ended d��ing �he �ea� ended 31[��] A�g��� 2025: M� Kei�h Ja�dine M� D�lan O�Neill Mi�� Pamela Eli�abe�h Collin� M� Nigel Robe�� McQ�illan M� Ch�i��ophe� And�e� F�a�e�

The p�incipal ope�a�ing add�e��, �elephone n�mbe�, email add�e�� and �ed add�e��e� of �he cha�i�� a�e no�ed belo�:

17 Gla��illan G�o�e, Ca��ickfe�g��, Co An��im, BT38 8TE 028 9086 2808

info@g�eeni�landbap�i��.com ���.g�eeni�landbap�i��.com

Objects and activities of the charit�

The purposes of the charit� as set out in its governing document

Page � 1

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Greenisland Baptist Church Trustees Report

for the �ear ended 31 August 2025

The main activities undertaken in relation to those purposes during the �ear

The main ac�i�i�ie� �nde��aken d��ing �he �ea� �o f���he� �he cha�i���� p��po�e fo� �he p�blic benefi�.

Adults

We aim �o offe� oppo���ni�ie� fo� di�ciple�hip �o e��ip people �o g�o� in�o de�o�ed follo�e�� of Je���:

Youth

We �eek �o p�o�ide a c�cle of ac�i�i�ie� �o help �o�ng people enco�n�e� �he big God of �he Bible �hile coming along�ide �hem dealing �i�h i���e� �he� a�e conf�on�ing and d�a�ing f�om o�� o�n life e�pe�ience. The�e i� a �eam of 10 �ol�n�ee�� and a �o��h of 12-18 people.

Kids

The�e a�e a �ange of ac�i�i�ie� fo� child�en aged 0-11 �ea�� in o�� C�eche, S�nda� Cl�b, Mango To��. The�e �o�ld ha�e 50-60 child�en and a �eam of �ol�n�ee�� n�mbe�ing be��een 50-60.

Young Adults

A ne� Mini���� ha� been ��a��ed �o accommoda�e �o�ng ad�l�� f�om 18-30 �ea�� old. The�e a�e app�o�ima�el� 18-20 people a��ending �hi�.

Safeguarding Team

The ch��ch follo�� �ele�an� �afeg�a�ding g�idance. The�e i� a �eam of 2 people �i�h app�op�ia�e e�pe�ience managing �afeg�a�ding. The en���e� policie� a�e in place and follo�ed and ad�l�� and leade�� �o�king �i�h child�en and ��lne�able people ca��� o�� �afeg�a�ding ��aining.

Page � 2

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Greenisland Baptist Church Trustees Report

for the �ear ended 31 August 2025

Communit�

We a�e engaged in a �a�ie�� of ac�i�i�ie� �o help li�e o�� God�� lo�e in o�� comm�ni��:

The T����ee� ha�e had �ega�d �o �he Cha�i�� Commi��ion� g�idance on p�blic benefi� in managing �he ac�i�i�ie� of �he cha�i��.

The main achievements and performance of the charit� during the �ear

The ch��ch con�in�ed �o hold �eg�la� �e��ice� fo� p�blic �o��hip and o�gani�ed e�en�� �ha� p�omo�ed fello��hip among�� �he membe�� of �he ch��ch and p�o�ided o���each oppo���ni�ie� �i�h �he �ide� comm�ni�� (a� de�ailed abo�e). The ch��ch �an Ea��e�, S�mme�, A���mn and Ch�i��ma� Comm�ni�� e�en��. The ch��ch ��n� a comm�ni�� �eek in �he ��mme� �i�h o�he� ch��che� in G�eeni�land �ha� ha� 200 �o��h membe�� in a��endance and a �eam of �ol�n�ee�� n�mbe�ing 100.

The difference the charit��s performance has made to the beneficiaries of the charit� and to wider societ�

The ch��ch con�in�ed �o p�o�ide benefi� �o i�� membe�� and �he p�blic b� making kno�n �he Ch�i��ian go�pel of �he Lo�d Je��� Ch�i�� �h�o�gh �he ad�ancemen� of �he Ch�i��ian Fai�h.

Structure, governance, and management of the charit�

The methods used to recruit and appoint new charit� trustees

In acco�dance �i�h �he con��i���ion, �he Ch��ch �hall ac�i�el� p�omo�e a Boa�d of T����ee� �hich incl�de� a �ange of �kill, e�pe�ience, and kno�ledge in keeping �i�h �he p����ance of i�� Objec��.

Financial Review

The charit��s financial position at the end of the �ear ended 31[st] August 2025

The financial po�i�ion of �he cha�i�� on 31[��] A�g��� 2025 and compa�a�i�e� fo� �he p�io� �ea� ended 31[��] A�g��� 2024, a� f�ll� de�ailed in �he acco�n��, can be ��mma�i�ed belo�:

Net Income
Un�e���ic�ed Re�en�e F�nd� a�ailable fo� gene�al p��po�e� of cha�i��
De�igna�ed Re�en�e F�nd�
Total Unrestricted Funds
Re���ic�ed F�nd�
Total Restricted Funds
Total Funds
2025

22,650
82,861
43,347
126,208
921,841
921,841
1,048,049
Page � 3
2024

11,457
92,586
40,985
133,571
891,828
891,828
1,025,399

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Greenisland Baptist Church Trustees Report

for the �ear ended 31 August 2025

The �����ee� con�ide� �he financial pe�fo�mance b� �he cha�i�� d��ing �he �ea� �o ha�e been �a�i�fac�o��.

Policies on reserves

I� i� ch��ch polic� �o main�ain a balance on �n�e���ic�ed f�nd� (if po��ible), �hich e��a�e� �o a� lea�� �h�ee mon�h� �n�e���ic�ed pa�men�� �o co�e� eme�genc� �i��a�ion� �ha� ma� a�i�e f�om �ime �o �ime. Thi� i� e��ima�ed a� �60,000 (p�io� �ea� �60,000) of �n�e���ic�ed f�nd� and on 31[��] A�g��� 2025 �he ch��ch �eco�ded �126,208 (2024; �133,571) of �n�e���ic�ed and de�igna�ed f�nd� a�ailable.

Availabilit� and adequac� of assets of each of the funds

The boa�d of �����ee� i� �a�i�fied �ha� �he cha�i���� a��e�� in each f�nd a�e a�ailable and ade��a�e �o f�lfil i�� obliga�ion� in �e�pec� of each f�nd.

This report was approved b� the board of trustees on 13[th] Januar� 2026, signed on behalf of the board b�:

Mr Chris Dorrian Trustee

Page � 4

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Greenisland Baptist Church

Independent E�aminers Report Year ended 31[st] August 2025

Independent E�aminer�s Report to the Charit� Trustees of Greenisland Baptist Church

I �epo�� on �he acco�n�� of �he T���� fo� �he �ea� ended 31[��] A�g��� 2025, �hich a�e �e� o�� on page� 6 �o 21.

Respective responsibilities of charit� trustees and e�aminer

A� �he cha�i���� �����ee� �o� a�e �e�pon�ible fo� �he p�epa�a�ion of �he acco�n�� in acco�dance �i�h �he Cha�i�ie� Ac� (No��he�n I�eland) 2008.

I� i� m� �e�pon�ibili�� �o:

Basis of independent e�aminer�s report

I ha�e e�amined �o�� cha�i�� acco�n�� a� �e��i�ed �nde� �ec�ion 65 of �he Cha�i�ie� Ac� and m� e�amina�ion �a� ca��ied o�� in acco�dance �i�h �he gene�al Di�ec�ion� gi�en b� �he Cha�i�� Commi��ion fo� No��he�n I�eland �nde� �ec�ion 65(9)(b) of �he Cha�i�ie� Ac�.

M� e�amina�ion incl�ded a �e�ie� of �he acco�n�ing �eco�d� kep� b� �he cha�i�� and a compa�i�on of �he acco�n�� p�e�en�ed �i�h �ho�e �eco�d�. I� al�o incl�ded con�ide�a�ion of an� �n���al i�em� o� di�clo���e� in �he acco�n��, and �eeking e�plana�ion� f�om �o� a� cha�i�� �����ee� conce�ning an� ��ch ma��e��.

M� �ole i� �o ��a�e �he�he� an� ma�e�ial ma��e�� ha�e come �o m� a��en�ion gi�ing me ca��e �o belie�e:

  1. Tha� acco�n�ing �eco�d� �e�e no� kep� in acco�dance �i�h �ec�ion 63 of �he Cha�i�ie� Ac�.

  2. Tha� �he acco�n�� do no� acco�d �i�h �ho�e acco�n�ing �eco�d�.

  3. Tha� �he acco�n�� do no� compl� �i�h �he acco�n�ing �e��i�emen�� of �he Cha�i�ie� Ac�.

  4. Tha� �he�e i� f���he� info�ma�ion needed fo� a p�ope� �nde���anding of �he acco�n�� �o be �eached.

Independent e�aminer�s statement

I ha�e comple�ed m� e�amina�ion and ha�e no conce�n� in �e�pec� of �he ma��e�� (1) �o (4) li��ed abo�e and, in connec�ion �i�h follo�ing �he Di�ec�ion� of �he Cha�i�� Commi��ion fo� No��he�n I�eland, I ha�e fo�nd no ma��e�� �ha� �e��i�e d�a�ing �o �o�� a��en�ion.

Jonathan Ross FCA Chartered Accountant

44 Blacki�land Road Annaghmo�e Po��ado�n BT62 1NE

13[�h] Jan�a�� 2026

Page � 5

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Greenisland Baptist Church Statement of Financial Activities for the �ear ended 31 August 2025

Statement of Financial Activities for the �ear ended 31 August 2025

Incoming Resources
Notes
Dona�ion� & Legacie�
22
In�e��men� income
Total Incoming
Resources
Resources E�pended
Cha�i�able ac�i�i�ie�
24, 25
Total Resources
E�pended
Net incoming/ outgoing resources
before transfers
G�o�� ��an�fe�� be��een f�nd�
Net incoming/ outgoing resources
after transfers
Other recognised gains and losses
Net movement in
funds
Reconciliation of
funds
To�al f�nd� b�o�gh�
fo��a�d
16
Total funds carried
forward
16
Current �ear Total
Funds

357,627
-
357,627
334,977
334,977
22,650
22,650
22,650
1,025,399
1,048,049
P�io� �ea�

334,074
-
Un�e���ic�ed
F�nd�

226,471
226,471
236,196
236,196
(9,726)
(9,726)
(9,726)
92,586
82,860
De�igna�ed
F�nd�
36,571
36,571
34,209
34,209
2,362
2,362
2,362
40,985
43,347
Re���ic�ed
F�nd�

94,586
94,586
64,572
64,572
30,014
30,014
30,014
891,828
921,842
334,074
322,617
322,617
11,457
11,457
11,457
1,013,942
1,025,399

The �SORP Ref� indica�ed abo�e i� �he cla��ifica�ion of income �e� o�� in �he fo�mal SORP doc�men��. A� �e��i�ed b� pa�ag�aph 4.60 of �he SORP, �he b�o�gh� fo��a�d and ca��ied fo��a�d f�nd� abo�e ha�e been ag�eed �o �he Balance Shee�.

The S�a�emen� of Financial Ac�i�i�ie� incl�de� all gain� and lo��e� in �he �ea�.

All ac�i�i�ie� de�i�e f�om con�in�ing ope�a�ion�.

Page � 6

The Notes attached on pages 10 to 22 form an integral part of these accounts.

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Greenisland Baptist Church Statement of Financial Activities for the �ear ended 31 August 2025

Anal�sis of prior �ear total funds, as required b� paragraph 4.2 of the SORP.

Incoming Resources
Notes
Dona�ion� & Legacie�
22
In�e��men� income
Total Incoming Resources
Resources E�pended
Cha�i�able ac�i�i�ie�
24, 25
Total Resources E�pended
Net incoming/ outgoing resources
before transfers
G�o�� ��an�fe�� be��een f�nd�
Net incoming/ outgoing resources
after transfers
Net incoming resources before other
recognised gains and losses
Other recognised gains and losses
Net movement in
funds
Reconciliation of
funds
To�al f�nd� b�o�gh� fo��a�d
16
Total funds carried forward
16
Un�e���ic�ed
F�nd�
2024

225,595
-
225,595
222,589
222,589
3,006
-
3,006
3,006
-
3,006
89,580
92,586
De�igna�ed
F�nd�
2024
29,225
-
29,225
32,575
32,575
(3,350)
-
(3,350)
(3,350)
-
(3,350)
44,335
40,985
Re���ic�ed
F�nd�
2024

79,254
-
79,254
67,453
67,453
11,801
-
11,801
11,801
-
11,801
880,027
891,828
Total
Funds
2024

334,074
-
334,074
322,617
322,617
11,457
-
11,457
11,457
-
11,457
1,013,942
1,025,399
P�io� �ea�
2023

323,146
-
323,146
299,333
299,333
23,813
-
23,813
23,813
-
23,813
990,129
1,013,942

Greenisland Baptist Church - Resources applied in the �ear ended 31st August 2025 towards fi�ed assets for Charit� use:

F�nd� gene�a�ed in �he �ea� a� de�ailed in �he SOFA
Re�o��ce� applied on f�nc�ional fi�ed
a��e��
Net resources available to fund charitable activities
2025

22,650
-
22,650
2025

11,457
-
11,457

Page � 7

The Notes attached on pages 10 to 22 form an integral part of these accounts.

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Greenisland Baptist Church

Statement of Financial Activities for the �ear ended 31 August 2025

Greenisland Baptist Church - Movement in revenue and capital funds for the �ear ended 31st August 2025

Acc�m�la�ed f�nd� b�o�gh� fo��a�d
Recogni�ed gain� and lo��e� befo�e ��an�fe��
(F�om)/ To �n�e���ic�ed �e�en�e f�nd�
Closing revenue funds
Un�e���ic�ed
F�nd�

92,586
(9,725)
-
82,861
De�igna�ed
F�nd�
40,985
2,362
-
43,347
Re���ic�ed
F�nd�

891,828
30,013
-
921,841
Total
Funds

1,025,399
22,650
-
1,048,049
P�io� �ea�

1,013,942
11,457
-
1,025,399

Greenisland Baptist Church - Income and E�penditure Account for the �ear ended 31[st] August 2025

Income f�om Ope�a�ion�
In�e��men� Income and in�e�e�� �ec'd
G�o�� income in �ea� befo�e e�cep�ional
i�em�
E�cep�ional income
Gross income in �ear including e�ceptional
items
E�penditure
Cha�i�able e�pendi���e, e�cl�ding dep�ecia�ion and
amo��i�a�ion
Dep�ecia�ion and amo��i�a�ion
In�e�e�� pa�able
To�al e�pendi���e in �ea�
Net income before ta� in
�ear
Ta� on ���pl��
Net income after ta�
Retained surplus for the
�ear
2025

357,627
-
357,627
-
357,627
268,625
38,698
27,655
334,977
22,650
-
22,650
22,650
2024

334,074
-
334,074
-
334,074
253,128
38,959
30,530
322,617
11,457
-
11,457
11,457

All ac�i�i�ie� de�i�e f�om con�in�ing ope�a�ion�.

Page � 8

The Notes attached on pages 10 to 22 form an integral part of these accounts.

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Greenisland Baptist Church Balance sheet as at 31 August 2025

Notes
Fi�ed
Assets
Tangible A��e��
11
Current Assets
Ca�h a�
Bank
Creditors: amounts falling due
within one �ear
12
Ne� c���en�
(liabili�ie�)/ a��e��
Total assets less current
liabilities
C�edi�o��: amo�n�� falling d�e af�e� mo�e
�han one �ea�
13
Total net assets
Restricted Funds
Re���ic�ed �e�en�e
f�nd
17
Unrestricted Funds
Un�e���ic�ed �e�en�e
f�nd
17
Designated Funds
De�igna�ed �e�en�e
f�nd
17
Total Charit� funds
169,048
(25,358)
2025

1,255,381
143,690
1,399,071
(351,022)
1,048,049
921,842
82,860
43,347
1,048,049
230,798
(25,358)
2024

1,294,079
205,440
1,499,519
(474,119)
1,025,400
891,828
92,586
40,985
1,025,399

The Balance Shee� abo�e ha� been cla��ified a� �e��i�ed �nde� �he fo�mal SORP doc�men�. A� �e��i�ed �nde� pa�ag�aph 4.60 of �he SORP, �he b�o�gh� fo��a�d and ca��ied fo��a�d f�nd� ha�e been ag�eed �o �he SOFA.

The T����ee� ackno�ledge �hei� �e�pon�ibili�ie� fo� compl�ing �i�h �he �e��i�emen�� of cha�i�� legi�la�ion �i�h �e�pec� �o acco�n�ing �eco�d� and �he p�epa�a�ion of �he acco�n��.

The cha�i�� i� ��bjec� �o �he Independen� E�amina�ion �nde� cha�i�� legi�la�ion, and �he �epo�� of �he Independen� E�amine� i� incl�ded on page 4.

The fo�egoing Balance Shee� Acco�n� �a� app�o�ed b� �he �����ee� on: 13[�h] Jan�a�� 2026.

Signed on behalf of �he �����ee�


M� Ch�i� Do��ian, T����ee

Page � 9

The Notes attached on pages 10 to 22 form an integral part of these accounts.

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Greenisland Baptist Church Notes to the financial statements for the �ear ended 31 August 2025

1. Accounting policies Policies relating to the production of the accounts.

Basis of preparation

The financial ��a�emen�� ha�e been p�epa�ed in acco�dance �i�h �he ch��ch�� con��i���ion, �he Cha�i�ie� Ac� (No��he�n I�eland) 2008, FRS102 �The Financial Repo��ing S�anda�d applicable in UK and Rep�blic of I�eland� (�FRS102�) and �he Cha�i�ie� SORP �Acco�n�ing and Repo��ing b� Cha�i�ie�: S�a�emen� of Recommended P�ac�ice applicable �o cha�i�ie� p�epa�ing �hei� acco�n�� in acco�dance �i�h �he Financial Repo��ing S�anda�d applicable in �he UK and Rep�blic of I�eland (FRS102)� (effec�i�e 1 Jan�a�� 2019).

Going Concern

In acco�dance �i�h �he Cha�i�ie� SORP, �he �����ee� ha�e made an a��e��men� of �he cha�i��'� abili�� �o con�in�e a� a going conce�n and belie�e �ha� �he cha�i�� i� a going conce�n fo� �he fo�e�eeable f����e. Thi� a��e��men� i� ba�ed on a �e�ie� of �he cha�i��'� financial po�i�ion, ca�h flo�, and p�ojec�ed financial pe�fo�mance. While �he�e a�e �ome �nce��ain�ie� �ela�ed �o po�en�ial change� in f�nding and inc�ea�ing ope�a�ing co���, �he �����ee� belie�e �ha� �he cha�i�� ha� ��fficien� �e�o��ce� and a ���ong managemen� �eam �o mi�iga�e �he�e �i�k� and con�in�e i�� ope�a�ion�.

Cash flow statement

The cha�i�� ha� �aken ad�an�age of �he e�emp�ion p�o�ided b� SORP and ha� no� p�epa�ed a ca�h flo� ��a�emen�.

Risks and future assumptions

The cha�i�� i� a p�blic benefi� en�i��.

The�e ha�e been no j�dgemen�� o� f����e a���mp�ion� made �hich ha�e a �ignifican� impac� on �he financial ��a�emen��.

Policies relating to categories of income and income recognition.

Categories of income

Income i� ca�ego�i�ed a� income f�om e�change ��an�ac�ion� (con��ac� income) and income f�om none�change ��an�ac�ion� (gif��), in�e��men� income and o�he� income.

Income from e�change transactions i� �ecei�ed b� �he cha�i�� fo� good� o� �e��ice� ��pplied �nde� con��ac� o� �he�e en�i�lemen� i� ��bjec� �o f�lfilling pe�fo�mance-�ela�ed condi�ion�. The income �he cha�i�� �ecei�e� i� app�o�ima�el� e��al in �al�e �o �he good� o� �e��ice� ��pplied b� �he cha�i�� �o �he p��cha�e�.

Income from a non-e�change transaction i� �he�e �he cha�i�� �ecei�e� �al�e f�om �he dono� �i�ho�� p�o�iding e��al �al�e in e�change, and incl�de� dona�ion� of mone�, good� and �e��ice� f�eel� gi�en �i�ho�� gi�ing e��al �al�e in e�change.

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Greenisland Baptist Church Notes to the financial statements for the �ear ended 31 August 2025

Income recognition

Income, �he�he� f�om e�change o� non-e�change ��an�ac�ion�, i� �ecogni�ed in �he ��a�emen� of financial ac�i�i�ie� (SOFA) on a �ecei�able ba�i�, �hen a ��an�ac�ion o� o�he� e�en� �e��l�� in an inc�ea�e in �he cha�i���� a��e�� o� a �ed�c�ion in i�� liabili�ie� and onl� �hen �he cha�i�� ha� legal en�i�lemen�, �he income i� p�obable and can be mea���ed �eliabl�.

Income ��bjec� �o �e�m� and condi�ion� �hich m��� be me� befo�e �he cha�i�� i� en�i�led �o �he �e�o��ce� i� no� �ecogni�ed �n�il �he condi�ion� ha�e been me�.

All income i� acco�n�ed fo� g�o��, befo�e ded�c�ing and �ela�ed fee� o� co���.

Donated goods, facilities, and services

Donated fi�ed assets a�e �ecogni�ed a� �he c���en� fai� �al�e. All ��ch dona�ion� a�e �ecogni�ed a� dona�ed income and debi�ed �o fi�ed a��e��.

Donated goods that are not fi�ed assets a�e acco�n�ed fo� a� a fai� �al�e �nle�� i� i� imp�ac�ical �o �eliabl� mea���e �he �al�e of �he dona�ed i�em�.

In �he ab�ence of an� di�ec� e�idence of fai� �al�e of dona�ed good�, �hen a �al�e i� de�i�ed f�om �he co�� of �he i�em �o �he dono� o�, in �he ca�e of good� �ha� a�e e�pec�ed �o be �old, �he e��ima�ed �elea�e �al�e af�e� ded�c�ing an� an�icipa�ed co��� of �ale�.

If i� i� imp�ac�ical �o mea���e �he fai� �al�e of good� dona�ed fo� �e�ale, o� �he co��� of �al�a�ion o���eigh �he benefi��, �hen dona�ed good� a�e �ecogni�ed a� income �hen �old, �i�h an e��i�alen� amo�n� being �ecogni�ed a� an e�pen�e.

The co��� of good� dona�ed fo� di���ib��ion �o beneficia�ie� i� deemed �o be �he fai� �al�e of �ho�e good� �pon �eceip�. When �he good� a�e di���ib��ed f�eel� o� fo� a nominal con�ide�a�ion, �hen �he ca���ing amo�n� i� adj���ed a� �he �ime of �ale, �o �he �al�e a� �he poin� of di���ib��ion and �he adj���men� i� �ho�n a� a co�� of dona�ion� made.

The ca���ing amo�n� of an� ��ock held fo� di���ib��ion i� a��e��ed fo� impai�men� a� �he �epo��ing da�e. All dona�ed good� a�e �ecogni�ed a� dona�ed income and debi�ed �o ��ading ��ock. When ��ading ��ock i� ��b�e��en�l� �old, o� appo��ioned �o mee� an e�pen�e, �hen �he ca���ing �al�e of �he ��ock i� �ecogni�ed a� an e�pen�e. In acco�dance �i�h �he SORP, good� dona�ed fo� di���ib��ion �o beneficia�ie�, o� fo� con��mp�ion b� �he cha�i�� a�e incl�ded in �legacie� and dona�ion��. Good� dona�ed fo� �e�ale a�e incl�ded in �Income f�om o�he� ��ading ac�i�i�ie��.

The co�� of an� ��ock of good� dona�ed fo� di���ib��ion �o beneficia�ie� i� deemed �o be �he fai� �al�e of �ho�e gif�� a� �he �ime of �eceip�. If �he good� held a�e �o be di���ib��ed f�eel� o� fo� a nominal con�ide�a�ion, �hen �he ca���ing amo�n� i� ��b�e��en�l� adj���ed �o �eflec� �he lo�e� of deemed co�� adj���ed fo� an� lo�� of �e��ice po�en�ial and �eplacemen� co��. Replacemen� co�� i� �he economic co�� inc���ed if �he cha�i�� �a� �o �eplace �he �e��ice po�en�ial of �he dona�ed good� a� i�� o�n e�pen�e in �he mo�� economic manne�.

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Greenisland Baptist Church Notes to the financial statements for the �ear ended 31 August 2025

Donated services and facilities (incl�ding �econded ��aff and ��e of p�ope���) a�e incl�ded in �he acco�n�� ba�ed on �he �al�e of �he gif� �o �he cha�i��.

Policies relating to e�penditure on goods and services provided to the charit�

Recognition of liabilities and e�penses

A liabili��, and �he �ela�ed e�pendi���e, i� �ecogni�ed �hen a legal o� con����c�i�e obliga�ion e�i��� beca��e of a pa�� e�en�, and �hen i� i� mo�e likel� �han no� �ha� a ��an�fe� of economic benefi�� �ill be �e��i�ed i� �e��lemen�, and �hen �he amo�n� of �he obliga�ion can be mea���ed o� �eliabl� e��ima�ed.

Liabili�ie� a�i�ing f�om f����e f�nding commi�men�� and con����c�i�e obliga�ion�, incl�ding pe�fo�mance �ela�ed g�an��, �he�e �he �iming o� �he amo�n� of �he f����e e�pendi���e �e��i�ed �o �e��le �he obliga�ion a�e �nce��ain, gi�e �i�e �o a p�o�i�ion in �he acco�n��, �hich i� �e�ie�ed a� �he acco�n�ing �ea� end. The p�o�i�ion i� inc�ea�ed �o �eflec� an� inc�ea�e� in liabili�ie� and i� dec�ea�ed b� �he ��ili�a�ion of an� p�o�i�ion �i�hin �he pe�iod and �e�e��ed if an� p�o�i�ion i� no longe� �e��i�ed. The�e mo�emen�� a�e cha�ged �o c�edi�ed �o �he �e�pec�i�e f�nd� and ac�i�i�ie� �o �hich �he p�o�i�ion �ela�e�.

Volunteers

In acco�dance �i�h �he SORP, and in �ecogni�ion of �he diffic�l�ie� in placing a mone�a�� �al�e on �he con��ib��ion f�om �ol�n�ee��, �he con��ib��ion of �ol�n�ee�� i� no� incl�ded �i�hin �he income of �he cha�i��.

Ho�e�e�, �he �����ee� �al�e �he �ignifican� con��ib��ion made �o �he ac�i�i�ie� of �he cha�i�� b� �npaid �ol�n�ee�� and �hi� i� de�c�ibed mo�e f�ll� in No�e 7.

Policies relating to assets, liabilities, and provisions and other matters. Tangible Fi�ed Assets

Tangible fi�ed a��e�� a�e mea���ed a� �hei� o�iginal co�� �al�e, o� ��b�e��en� �e�al�a�ion, o� if dona�ed, a� de�c�ibed abo�e. Co�� �al�e incl�de� all co��� e�pended in b�inging �he a��e�� in�o i�� in�ended �o�king condi�ion.

Dep�ecia�ion ha� been p�o�ided a� �he follo�ing �a�e� in o�de� �o ��i�e off �he a��e�� �o �hei� an�icipa�ed �e�id�al �al�e o�e� �hei� e��ima�ed ��ef�l li�e�.

F�eehold p�emi�e� 2% ���aigh� line F��ni���e and fi��ing� 10% ���aigh� line E��ipmen� 33% ���aigh� line

A �eg�la� ann�al �e�ie� of �he likelihood of a��e� impai�men� i� �nde��aken.

Cash and bank balances

Ca�h held b� �he cha�i�� i� incl�ded in �he amo�n� ac��all� held and co�n�ed a� �he �ea� end. Bank balance�, �he�he� in c�edi� o� o�e�d�a�n, a�e �ho�n a� �he amo�n�� p�ope�l� �econciled �o �he bank ��a�emen��.

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Greenisland Baptist Church Notes to the financial statements for the �ear ended 31 August 2025

Pensions - defined contribution schemes

The cha�i�� ope�a�e� a defined con��ib��ion pen�ion �cheme. Con��ib��ion� a�e cha�ged �o �he p�ofi� and lo�� acco�n� (Income and E�pendi���e acco�n�) a� �he� become pa�able in acco�dance �i�h �he ��le� of �he �cheme.

Fund Accounting

Un�e���ic�ed f�nd� a�e a�ailable fo� ��e a� �he di�c�e�ion of �he �����ee� in �he f���he�ance of �he gene�al objec�i�e� of �he cha�i��.

De�igna�ed f�nd� a�e �n�e���ic�ed f�nd� �ea�ma�ked� b� �he �����ee� fo� p��po�e�.

Re���ic�ed f�nd� a�e ��bjec� �o �e���ic�ion� on �hei� e�pendi���e impo�ed b� �he dono� o� �h�o�gh �he �e�m� of an appeal a� implied b� la�.

2. Liabilit� to Ta�

The T����ee� con�ide� �ha� �he cha�i�� �a�i�fie� �he �e��� �o be con�ide�ed e�emp� f�om �a�a�ion in �e�pec� of income o� capi�al gain�, a� ��ch income o� gain� a�e applied e�cl��i�el� on �he �pecific cha�i�able objec�� of �he cha�i�� and fo� no o�he� p��po�e.

Val�e Added Ta� (VAT) i� no� �eco�e�able b� �he cha�i�� and i� �he�efo�e incl�ded in �he �ele�an� co��� in �he SOFA.

3.

Winding up or dissolution of the charit�

If �pon �inding �p o� di��ol��ion of �he cha�i�� �he�e �emain an� a��e��, af�e� �he �a�i�fac�ion of all deb�� and liabili�ie�, �he a��e�� �ep�e�en�ed b� �he acc�m�la�ed f�nd �hall be ��an�fe��ed �o �ome o�he� cha�i�able bod� o� bodie� ha�ing �imila� objec�� �o �he cha�i��.

4. Significance of financial instruments to the charit��s position

A Financial a��e� o� a financial liabili�� i� �ecogni�ed onl� �hen �he cha�i�� become� a pa��� �o �he con��ac��al p�o�i�ion� of �he in����men�.

Ba�ic financial in����men�� a�e ini�iall� �ecogni�ed a� �he ��an�ac�ion p�ice, �nle�� �he a��angemen� con��i���e� a financing ��an�ac�ion, �he�e i� i� �ecogni�ed a� �he p�e�en� �al�e of �he f����e pa�men�� di�co�n�ed a� a ma�ke� �a�e of in�e�e�� fo� a �imila� deb� in����men�.

5. Net surplus before ta� in the financial �ear

The ne� ���pl�� befo�e �a� i� ��a�ed af�e� cha�ging:
Dep�ecia�ion of fi�ed a��e��
Pen�ion co���
2025

38,698
8,646
47,344
2024

38,959
8,121
47,080

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Greenisland Baptist Church Notes to the financial statements for the �ear ended 31 August 2025

6. Interest pa�able

Loan in�e�e�� 2025

27,655
2024

30,530

7. The contribution of volunteers

The ch��ch depend� on �he ��ppo�� of i�� �ol�n�ee��, �hich i� m�ch app�ecia�ed. The a��angemen�� �i�h �ol�n�ee�� a�e diffic�l� �o �al�e p�eci�el� in mone�a�� �e�m� and ha�e no� been �ecogni�ed in �he S�a�emen� of Financial Ac�i�i�ie�. The �ol�n�ee�� and �he cha�i�� accep� and ag�ee �ha� no con��ac� of emplo�men� i� c�ea�ed b� �he�e a��angemen��.

8. Staff costs and emoluments

G�o�� Sala�ie� e�cl �����ee� and ke� mg� pe��onnel
Social Sec��i�� Co���
Emplo�e� con��ib��ion �o pen�ion�
T����ee� �em�ne�a�ion
Numbers of full-time emplo�ees or full-time equivalents
The a�e�age n�mbe� of ��aff emplo�ed d��ing �he �ea�
The a�e�age n�mbe� of pa��-�ime ��aff emplo�ed in �he �ea�
The a�e�age n�mbe� of f�ll-�ime ��aff emplo�ed in �he �ea�
The estimated full time equivalent number of all staff emplo�ed
Engaged on cha�i�able ac�i�i�ie�
The estimated full time equivalent number of all staff
emplo�ed as per above
To�al
F�nd�

55,714
-
8,646
75,018
139,378
5
3
2
5
5
5
P�io� �ea�

53,737
-
8,121
69,858
131,716
6
3
3
6
6
6

No emplo�ee �ecei�ed emol�men�� e�ceeding �60,000 in �he c���en� o� p�io� �ea�.

9. Defined contribution pension scheme

The cha�i�� ope�a�e� a defined con��ib��ion pen�ion �cheme, �he co��� of �hich a�e �ho�n abo�e. An� liabili�ie� and a��e�� a��ocia�ed �i�h �he �cheme a�e �ho�n �nde� deb�o�� and c�edi�o��.

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Greenisland Baptist Church Notes to the financial statements

for the �ear ended 31 August 2025

10. Remuneration and pa�ments to Trustees and persons connected with them

11. Tangible Fi�ed Assets

Land &
Furniture &
Equipment
Buildings
Fittings
Cost
A� 1 Sep�embe� 2024
1,497,842
69,083
29,210
Addi�ion�
-
- -
Di�po�al�
- - -
A� 31 A�g��� 2025
1,497,842
69,083
29,210
Depreciation
A� 1 Sep�embe� 2024
225,008
52,328
24,720
Cha�ge
29,955
6,908
1,835
Di�po�al�
- - -
A� 31 A�g��� 2025
254,963
59,236
26,555
Net Book Value
A� 31 A�g��� 2025
1,242,879
9,847
2,655
A� 31 A�g��� 2024
1,272,834
16,755
4,490
12.
Creditors: amounts falling due within one �ear
2025

Bank loan� & O�e�d�af��
25,358
O�he� c�edi�o��
-
25,358
13.
Creditors: amounts falling due after one �ear
2025

Bank loan� & O�e�d�af��
351,021
351,021
The bank loan� a�e �ec��ed on �he ch��ch b�ilding.
Total
1,596,135
-
-
1,596,135
302,056
38,698
-
340,754
1,255,381
1,294,079
2024

25,358
-
25,358
2024

474,118
474,118

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Greenisland Baptist Church Notes to the financial statements

for the �ear ended 31 August 2025

14. Income and e�penditure account (summar�)

A� 1 Sep�embe�
S��pl�� af�e� �a� (if applicable) fo� �he �ea�
a� 31�� A�g���
2025

1,025,399
22,650
1,048,049
2024

1,013,942
11,457
1,025,399

15. Related part� transactions

The�e �e�e no ��an�ac�ion� �i�h �ela�ed pa��ie� in �he �ea�, e�pec� �i�h �ega�d �o �����ee�� �em�ne�a�ion, �hich i� f�ll� di�clo�ed in No�e 10 abo�e.

16. Particulars of how particular funds are represented b� assets and liabilities

At 31st August 2025
Tangible Fi�ed A��e��
C���en� A��e��
C���en� Liabili�ie�
Long Te�m Liabili�ie�
At 31st August 2024
Tangible Fi�ed A��e��
C���en� A��e��
C���en� Liabili�ie�
Long Te�m Liabili�ie�
Un�e���ic�ed
f�nd�

2,655
58,080
-
-
60,735
Un�e���ic�ed
f�nd�

4,490
149,956
-
-
154,446
De�igna�ed
f�nd�

-
51,380
-
-
51,380
De�igna�ed
f�nd�

-
29,802
-
-
29,802
Re���ic�ed
f�nd�

1,252,726
59,589
(25,358)
(351,022)
935,935
Re���ic�ed
f�nd�

1,289,589
51,039
(25,358)
(474,118)
841,152
Total
funds

1,255,381
169,048
(25,358)
(351,022)
1,048,049
To�al
f�nd�

1,294,079
230,797
(25,358)
(474,118)
1,025,400

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Greenisland Baptist Church Notes to the financial statements for the �ear ended 31 August 2025

17. Change in total funds over the �ear shown in Note 16, anal�sed b� individual funds

Unrestricted and designated funds:
Un�e���ic�ed �e�en�e f�nd
De�igna�ed �e�en�e f�nd
Total unrestricted and designated funds
Restricted funds:
B�ilding F�nd
Total Restricted Funds
Total Charit� Funds
Opening
F�nd�
b/f�d
92,586
40,985
133,571
891,828
891,828
1,025,399
F�nd
m�m� in
2025
(No�e 18)
(9,726)
2,362
(7,364)
30,014
30,014
22,650
F�nd
T�an�fe��ed
in 2025
(No�e 19)
-
-
-
-
-
-
Funds
C/fwd
82,860
43,347
126,207
921,842
921,842
1,048,049

18. Anal�sis of movements in funds over the �ear shown in Note 17

Unrestricted and designated funds:
Un�e���ic�ed �e�en�e f�nd
De�igna�ed �e�en�e f�nd
Restricted funds:
B�ilding F�nd
Income
2025
226,471
36,571
94,586
357,627
E�pendi���e
2025
(236,196)
(34,209)
(64,572)
(334,977)
O�he�
Gain�/
Lo��e� in
2025
-
-
-
-
Mvmt in
funds
2025
-
9,726
2,362
30,014
22,650

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Greenisland Baptist Church Notes to the financial statements for the �ear ended 31 August 2025

19. Details of transfers between funds in the �ear as shown in Note 17

The ��an�fe�� �ho�n in No�e 17 abo�e a�e:
T�an�fe�� �o/ (f�om) Un�e���ic�ed f�nd� �o co�e� defici�� on Re���ic�ed F�nd�o�
�hen f�nd� a�e la�f�ll� �ealloca�ed
To/ (f�om) De�igna�ed Re�en�e F�nd�
To/ (f�om) Re���ic�ed Re�en�e F�nd�
Net Transfers
2025

-
-
-
-

20. The purposes for which the funds as described in Note 17 are held b� the charit�

Unrestricted and Designated funds:

Un�e���ic�ed Re�en�e F�nd� � �he�e f�nd� a�e held �o mee� �he objec�i�e3� of �he cha�i��, and �o p�o�ide �e�e��e� fo� f����e ac�i�i�ie�, and, ��bjec� �o cha�i�� legi�la�ion, a�e f�ee f�om all �e���ic�ion� in �hei� ��e.

De�igna�ed Re�en�e F�nd� � �he�e f�nd� a�e held �o mee� �he objec�i�e� of �he Ch�i��ian� Again�� Po�e��� (CAP) p�og�am.

Restricted Revenue Funds � �hi� f�nd �ep�e�en�� �he acc�m�la�ed dona�ion� and appeal� fo� �he p��cha�e and main�enance of �he ch��ch b�ilding, �hich can onl� be �pen� fo� �ha� p��po�e.

21. Ultimate Controlling Part�

The cha�i�� i� �nde� �he con��ol of i�� legal membe��.

E�e�� membe� of �he cha�i�� ha� �nlimi�ed join� and �e�e�al liabili�� fo� �he deb�� of �he cha�i��

Page � 18

����������������������������������������������������������

Greenisland Baptist Church Notes to the financial statements for the �ear ended 31 August 2025

22. Donations and Legacies � this anal�sis is classified b� conventional nominal descriptions and not b� activit�

Donations and gifts from
individuals
Online ��an�fe�
Weekl� offe�ing
S�e�a�d�hip
Gif� Aid
CAP Dona�ion�
Pa�pal dona�ion�
Online T�an�fe� (b�ilding� acco�n�)
Weekl� offe�ing (b�ilding� acco�n�)
S�e�a�d�hip (b�ilding� acco�n�)
Mi�cellaneo�� income
Bank In�e�e�� Recei�ed
Total donations and gifts from
individuals
Un�e���ic�ed
F�nd�

112,853
28,667
36,223
44,067
-
-
-
-
-
-
4,660
226,471
De�igna�ed
F�nd�

-
-
-
-
36,571
-
-
-
-
-
-
36,571
Re���ic�ed
F�nd�

-
-
-
-
-
-
77,610
-
16,976
-
-
94,586
To�al
2025
112,853
28,667
36,223
44,067
36,571
-
77,610
-
16,976
-
4,660
357,627
P�io�
Yea�
111,663
37,062
40,502
36,366
29,226
-
61,140
-
18,115
-
-
334,074

23. Investment income

Bank In�e�e�� Recei�able Un�e���ic�ed
F�nd�
2025

-
-
De�igna�ed
F�nd�
2025

-
-
Re���ic�ed
F�nd�
2025

-
-
To�al
2025

-
-
P�io�
Yea�
2024

-
-

Page � 19

����������������������������������������������������������

Greenisland Baptist Church Notes to the financial statements for the �ear ended 31 August 2025

24. E�penditure on charitable activities � direct spending

G�o�� Wage� & Sala�ie�
Emplo�e�� NI -Cha�i�able ac�i�i�ie�
Defined pen�ion con��ib��ion�
Income In���ance
S�aff e�pen�e�
Gif�� and ackno�ledgemen��
G�e�� Speake��
T�aining co��� & ABCI College S�ppo��
Repai�� & Main�enance
P�blic Liabili�� In���ance
U�ili�ie�
ABCI membe��hip and admini���a�ion
S�a�ione��
Comp��e� co���
Telecom� and comm�nica�ion�
Mini����
Ch��ch O���each
Ch�i��ian� Again�� Po�e���
Mi��iona��
Ho�pi�ali��/ gene�al e�pen�e�
Un�e���ic�ed
F�nd�

130,732
-
8,646
-
4,978
412
600
3,832
12,869
2,053
16,855
4,234
1,352
1,846
8,463
5,930
5,181
-
24,569
400
232,952
De�igna�ed
F�nd�

-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
34,136
-
-
34,136
Re���ic�ed
F�nd�

-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total

130,732
-
8,646
-
4,978
412
600
3,832
12,869
2,053
16,855
4,234
1,352
1,846
8,463
5,930
5,181
34,136
24,569
400
267,088
P�io�
Yea�

123,595
-
8,121
2,403
3,199
489
795
5,400
7,928
1,946
19,562
4,080
1,246
2,786
3,894
4,692
5,805
32,511
22,997
150
251,599

25. Support costs for charitable activities

Bank cha�ge�
Bank cha�ge� (B�ilding� acco�n�)
Go�e�nance Co���
Loan In�e�e��
Dep�ecia�ion & Amo��i�a�ion
Un�e���ic�ed
F�nd�

159
-
1,250
-
1,835
3,244
Re���ic�ed
F�nd�

73
-
-
-
-
73
Endo�men�
F�nd�

-
55
-
27,655
36,863
64,572
Total

232
54
1,250
27,654
38,698
67,889
P�io�
Yea�

218
61
1,250
30,530
38,959
71,018

Page � 20

����������������������������������������������������������

Greenisland Baptist Church Notes to the financial statements for the �ear ended 31 August 2025

26. Total charitable e�penditure

To�al di�ec� �pending
To�al ��ppo�� co���
Un�e���ic�ed
F�nd�

232,952
3,244
236,196
Re���ic�ed
F�nd�

34,136
73
34,209
Endo�men�
F�nd�

-
64,572
64,572
Total

267,088
67,889
334,977
P�io�
Yea�

251,599
71,018
322,617

Page � 21