CULLYBACKEY ELIM PENTECOSTAL CHURCH Trustees Annual Report and Financial Statements for the year ended 31st December 2025 Registered with the Charity Commission for Northern Ireland NIC107452
CULLYBACKEY ELIM PENTECOSTAL CHURCH TRUSTEES ANNUAL REPORT The Trustees present their Annual Report of the charity for the year ended 31 December 2025. PURPOSE The principal purpose of Cullybackey Elim Pentecostal Church is the advancement of the Christian faith according to Biblical principle5. PUBUC BENEFIT STATEMENT. OBJECTIVES AND ACTIVITIES The benefit that flows from the purpose of Cullybackey Elim Pentecostal Church the advancerrent of the Christian faith according to Biblical principles" is that religion is advanced through the Christian Gospel. The moral framework of the Christian Gospel promotes benefits in people's live5, enhancing integrity and good citizenship. Another benefit is that people benefit from the relief provided through the charitable giving supported by Cullybackey Elim Church in furtherance of and consistent with the statement of belief. A collateral benefit of the purpose is thal the Gospel of Christ affects all in enhancin8 their moral character and giving them a sense of altruism in helping others. Another benefit is the availability of a 5Ultable Church building environment in which the congregation can grow and develop in ministry for the glory of God. The benefits of our organis8tion are evidenced through formal and informal feedback, verbally, by letter, and electronically (through social media, email etc.) from our members, their families, parents of the Young people who attend our youth meetings, and the wider public who are ministered to in various ways, including experiential 'face to face" and social media and internet. We believe that no harm can come from the purpose of the charity. The beneficiaries are the 8eneral public of all age groups and sections of society from the communities in which we live and work. The only private benefit flowing from our purposÈ is the engaging of the Minister of the Church in a self-employed role, who receives a monthly allowance as a result of his fulltime position. There is also a payment made to our drop-in centre manager temporarily. However, this 15 incidental and necessary in order to further our advancement of religion charitable purpose. There are no other private benefits, as all of our activitie5 are open to the general public and advertised freely to them. Cullybackey Elim Church will engage in a range of ministries that will vary from time to time, with ministrie5 being initiated, expanded, or closed as appropriate. Mirbistries may include:. Regular public worship, prayer, Bible study, preaching and teaching. Evangelism and mission locallyi regionally, nationally and internationally. Teaching. encouragement. welcome and inclusion of young people. Nurture and growth of Christian disciples. Education and training for Christian and community service. Giving and encouraging pastoral care. Supporting and encouraging charitable social action in the United Kingdom and abroad to encourage relationships Wlth and support of other Christians. Observance of the 2 ordinances of Believer's baptism and the Lord's Supper as stated in our 'Declaration of Beliefs,. Engagin8 With and encouraging all age groups and section5 of society. Financial and practical help and support of those in need as per the Christian ethos.
CULLYBACKEY ELIM PENTECOSTAL CHURCH TRUSTEES ANNUAL REPORT convd ACHIEVEMENTSAND PERFORMANCE The Trustees have had regard to the Charity Commission for Northern Ireland's guidance on provision of public benefit and are confident that the Church fully satisfied this requirement during the year 2025 through its activities. Cullybackey Elim Pentecostal Church, entered into the year 2025, seeking to bring honour to Our Great God and to promote and uplift the name of his precious Son, The Lord Jesus Christ. The Church has continued to see encouraging growth during 2025. With high numbers of people attending the services, many of whom have become Church members. Sunday morning services continue, between 11..30am and l..(Klpm. Our Sunday evening Gospel services Cornmence at 6=OOpm through to 7..00pm. Children's Church continues as normal, with the children going out, during the morning service, and 15 aimed at teaching young people the values of the Christian faith. Bible Class Commences at 11.LK)am, the young people then join the main Church service at 11.45am. S.C.A.T.E. (children's outreach to Cullyb3ckey village) continues each Tuesday evenlng from 7pm to 8pm. Youth Club 2nd Youth Fellowship take place on alternate Friday evenings from 7:30pm to 9..30pm. Young Adults meet twice monthly on Sunday evenings from 7'.30pm to 10.'OOpm ar)d cater for 18- to 30- year-olds. Overflow runs bimonthly and takes place after the pm Sunday Service, where Folks are invited to stay or join us for a timè of praise and worship. It is open to all ages. Ministry- In his short time as our Church leader, PastorTrevor Gillanders, has worked tirelessly to promote and encourage Gospel outreach in the Cullybackey community and surrounding district. During the year he has taken several Missions in and around the local area, including a two-week Tent Mission in the Ballymena/BrDughsh3ne are3. Trevor and his wife Esther also led a group from Our Church to Uganda in July 2025. All those involved were greatly blessed. The Church now has the ability to record and livestream all services. This has commenced with livestreaming of both Sunday services on a sub5cription-based service on YouTube, where live viewing is only available to individuals who have applied and been issued with an appropriate link to enable them to access the live content. The video of both services is available for all immediately after each service has ended, both directly on YouTube and via the link on the Media page on the ChLsrrh website. Audio only is still available to listen to and download on all digital devices from the Media page on the Church website, which is accessible from Sunday evening. On Sunday the 19 of January 2025 Pastor Matthew Balfour was installed as Our Minister Sn Tralning. This is a first for Cullybackey Elim Church and we are so please to have Pastor Matthew join the Ministry Team. Internship- In September 2025 Andrew Cotter commenced a three-year internship at Elim Bible College. The chLJrch will seek to support Andrew in this venture. Men's Fellowship meetings commenced on Wednesday the 5, February under the title "Men behaving DaddlW- These meetings continued on a monthly basis throughout the year, with various speaker5 and artivities.
CULLYBACKEY ELIM PENTECOSTAL CHURCH TRUSTEES ANNUAL REPORT convd ACHIEVEMENTS AND PERFORMANCE cont'd Ladies fellowship meetings are organised on the third Wednesday of each month. These meetings are well attended and are complimented with a guest speaker each night. A Ladies conference took place in our Church on Saturday the 21st of lune. An address was given by Beverly Bamford. Lunch was served afterwards. Holiday Bible Club commenced on the evening of Monday the S of August to Friday the 9, of August. Lots of children attended this event each evening with the guest Speaker being Pastor Gillanders . A BBQ for children and parents was arranged for the last evening and was very well sUPPOrted. Despising the Shame - This is a new ministry to Okjr Church, led by members, Ric and Karen Wilton, who are very experienced in ministering to vulnerable people. Several meetings were held in the Church during 2025 ènd were very well attended. Many folks were ministered to and very much appreciated the warmth, love and atmosphere of the Church setting. Care and Share- Another new weekly ministry commenced Wednesday 15 October 2025 from 2pm to 5pm. Meeting in the Church Hall Foyer. Tea/coffeelchat. Ministering to the needs of the bereaved, lonely and burdened in our village. nd Oasis- Yet again another new ministry commenced Wednesday 22 October 2025. Meeting once a month from 8pm to 9pm, and ministering to vulnerable adults, some of whom attend our Church, and others from the surrounding area. Initial reports from all Church departments have been extremely encouraging. We thank those Departmental Heads/ Leaders/Helpers, who give of their talent and time to enable these important ministries to go ahead throughout the year. The midweek prayer meeting and Bible study also continues and takes place each Thursday evening from 8pm to 9.'30pm. A meeting for Trustees was held in the Church on the 5 of May 2026. During this meeting the 2025 Trustees report was read, discussed. finalised and passed. The Annual General Meeting was held on 22nd of May 2025. A Treasurers report was given for the year 2024 at the AGM, which was well attended by Church members. During this meeting Elders and Deacons were elected into Church SeNice. On the 25, of April 2025 after a stay in Hospital we learned of the sad passing of our esteemed member and Church Secretary for many years, Mr James Dunlop. Jimmy will be sorely missed by everyone. We extent are sympathy to hi5 wife Edith and the family. Pastoral care and support for those who suffered bereavement within the Church family was carried out and where possible visitation of the sick in homes or in hospital continued during 2025. REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEESAND ADVISORS Charity name: Cullybackey Elim Pentecostal Church. Church Address= 62, Shellinghill Road, Cullybackey. BT42 INR. Website.. www.cull backe elim.com
CULLYBACKEY ELIM PENTECOSTAL CHURCH TRUSTEES ANNUAL REPORT cont'd TrUSTEES The Charity Trustees are made up from member5 of the Church Oversight who are currently Elders or deacons and also three retlred Elders. One of which, Alister Dunlop. is at this time servin8 in oversea5 missions. INDU[oN AND TRAINING OF TRUSTEES Following appointment each newly appointed Trustee receives an Induction Pack contalning copies of Charity Commission for Northern Ireland publications.. Runnirng Your Charity. Trustees are also encouraged to access fLJrther inform3tion available on the Charity Commission for Northern Ireland webslte. The Trustees in office at 31 December 2025 and the date of signing this report were.. Mr James Dunlop (Elderl Mr Robin Gordon (Retired Elderl Mr Robert Swann (Elderl Mr Alister Dunlop (Retired Elderl Mr Stephen Spence IDeaconl Mr Alistair Gordon (Elderl Mr Samuel Hutchin50n IRetirÈd Elderl Mr Philip Brown (Elderl Church Secretary (deceased 25 April 251 Currently on overseas missions Church Treasurer/Safeguarding Officer PAYMENTS TO TRUSTEES No Trustee received payment for undertaking trustee duties. Where Trustees purchase items on behalf of the Charity these costs may be re-imbursed. CUSTODIAN TRUSTEES Premises owned by the church are held under trust by'custodian Trustees" whose 501e function is to hold the property assets of the Church. Custodian Trustees do not seNe on Oversight unless also elected to an Office of Elder or Deacon. ADVISORS Bankers.. Ulster Bank, 49, Wellington Street, Ballymena. BT43 6AD. Independent Examiner- James Gillespie, Stevenson & Wilson Chartered Accountants, 22-30 Broadway Ave, Ballymena. BT43 7AA. Insurance Adviser: Congregational, Integra Insurance Solutions Ltd. Currer House, Currer Street. Bradford. BDI 5BA. Solicitors: Ander50n Agnew & Co. 14, Mill Street, Ballymena. BT43 5AE. 41Page
CULLYBACKEY ELIM PENTECOSTAL CHURCH TRUSTEES ANNUAL REPORT convd STRucfuRE, GOVERNANCE AND MANAGEMENT Cullybackey Elim Pentecostal Church is constituted by a Trust Deed dated the 6, of February 1988 a5 an unincorpDrated association and is an independent Fellowship with no affiliation5 to any othei Church or Association. It 15 8overned by it5 Constitution which wa5 formally adopted on the 10 of May 2013. Cullybackey Elim Pentecostal Church is registered with The Charity Commission for Northern Ireland, number NIC 107452. MANAGEMENT The Oversight would usually meet once a month to discuss the day to day running of the Church, and to make decisions concerning the regular activities within the Church and also outreach programs. Reports from all rhe various Church departments are conveyed to Church member5 via the Annual General Meeting, when a financial report is also presented. Matter5 requirin8 a Church Members Meeting, other than the appointment of Pastors, are on the basis of a simple majority vote. In the event of a tie, the Chairman of the Church Members Meeting has a casting vote. Approval of a Church Members Meeting is required for significant projects, such as building programmes or prior to commencing any major new undertaking. Volunteers play a key role in the various Departments of the Church. It would be difficult to quantify the significance of this support as much of the work is done behind the scenes. However, Cullybackey Elim Pentecostal Church could not function in the way that it does without the enormous support of these faithful workers. RISK MANAGEMENT The Trustees have conducted an assessment of the risk5 to which the Charity is exposed and have reviewed Sy5tem5 and procedure5 to mitigate such risks. Risk assessment covering fire, health & safety and the safeguarding of children, young people and vulnerable adults Is an ongoing concern and is reviewed at least annually or before any new major undertaking. Two Trustees act as Health & Safety Officer and Safeguarding Officer. DATA PROTECTION Cullybackey Elim Pentecostal Church is registered with the Information Commissioners office. Church membership records are encrypted and held by the Church Secretary with encrypted backups Stored separately. Personal information held, in addition to membership records, relate to the activities conducted by each department and is disposed of securely when no longer required. The Trustees are satisfied that the leve15 of information held by each department are appropriate to fulfil the need to operate in accordance with both GDPR and the Church's Child Protection Policles.
CULLYBACKEY ELIM PENTECOSTAL CHURCH TRUSTEES ANNUAL REPORT cont'd DATA PROTEcfioN Cullybackey Elim Pentecostal Church is registered with the Information Commissioners Office. Church embership records are encrypted and held by the Church Secretary with encrypte(J backups stored separately. Personal information held, in addition to membership records, relate to the activities conducted by each department and is disposed of securely when no lonEer required. The Trustees are satisfied that the levels of information held by each department are appropriate to fulfil the need to operate in accordance with both GDPR and the Church's Child Protection Policies. FINANCIAL REVIEW The church is funded by voluntary gifts and donations and use is made of Gift Aid and the Gift Aid Small Donations Scheme. The church does not seek funds from other sources. Income for the year amounted to E274,31712024'. £206,318). Expenditure in the year amounted to £199,48012024.. £156,037). Both income and expenditure increased as 3 Teflection of the Continued growth of the church during the year, and the church's new charitable commitment of funding in Uganda. The Church uses Restricted and Unrestricted Funds in its accountln8 policies. Restricted Funds are used for money donated to the Church for specific purposes e.g. Missions, Youth Ministries etc. Unrestricted Funds from general offerings are used for all other purposes. Any shortfalls in the Restricted Funds are made up by transfers from the Unre51ricted Fund. RE5ERVE5 POLICY A policy Dn reseeS has been reviewed and agreed by the Trustees. The income of the Chijrch 15 Stable and the risk assotiated with any sudden significant reduction of incomÈ is regarded as unlikely. In the event of an unexpected financial need the Trustees are confident that Church members would respond accordingly. The Trustees are satisfied that a figure equating to approximately six months expenditure is an appropriate level of reserve balance at the present time. Cash balance at year end exceeded the level of Reserve required. FUNDS HELD AS CUSTODIAN TRUSTEE ON BEHALF OF OTHERS Cullybackey Elim Pentecostal Church does not hold any fund5 as custodian trustee on behalf of others. SIGNE BEHALF OF TRUSTEES BY: Philip Brown Trustee and Treasurer phen Spence Trustee Date.. 8" May 2026 Date.. 8 May 2026
INDEPENDENT EXAMINERS REPORTTO THE TRUSTEES OF CULLYBACKEY ELIM PENTECOSTAL CHURCH I report on the accounts of Cullybackey Elim Pentecostal Church forthe yearended 31st December 2025, which are set out on pages 7 to 18. Respective responsibilities of charity trustees and examiner As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to- examine the accounts under section 65 of the Charitie5 Act follow the procedure5 laid down in the general Directions given by the Commission under section 6519llbl of the Charities Act state whether particular matters have come to my attention. Basis of independent examiner's report I have examined your charily accounts a5 required under section 65 of the Charities Act and my examination was carrietj out in accordance with the general Directions 8iven by the Charity Commission for Northern Ireland under section 6519llbl 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 Èxplanations from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe: l. That accounting records were not kept in accordance with section 63 of the Charities Art 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with the accounting requirements of the Charities Act 4. That there is further information needed for a proper understanding of the accounts to be reached. Independent examinerfs statement I have completed my examination and have no concerns in respect of the matters111 to141 listed above and. in connection with following the Direttions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your altention. mes Gillespie IF.C.A.I Steven50n and Wilson Chartered Accountants Date: 8, May 2026 22-30 Broadway Avenue Ballymena BT43 7AA
CULLYBACKEY ELIM PENTECOSTAL CHURCH STATEMENT OF FINANCIAL AcfiviTY FOR THE YEAR ENDED 31" DECEMBER 2025 Unrestricted Funds Restricted Funds Total Funds 2025 Total Funds 2024 Notes Income from: Donation5 and legacies Charitable activities Investment income Other income 199,326 199,326 65,637 3.993 5,361 176,381 22,691 4,113 3,133 65.637 3,993 2.834 2,527 Total income 206,153 68,164 274,317 206,318 Expenditure on- Charitable activities Other expenditure 125,299 25.313 48,868 174,167 25,313 148,347 7,690 Total expenditure 150,612 48,868 199.480 156,037 Net income Transfers between funds 55,541 19,296 74,837 50,281 Net movement in fund5 Reconciliation of funds.. Total fund5 brought forward 55,541 19.296 74,837 50,281 285,372 3,795,165 4,080,537 4,030,256 Total funds carried forward 340,913 3.814.461 4.155,374 4,080,537
CULLYBACKEY ELIM PENTECOSTAL CHURCH 5T 8ALANCE SHEET AS AT31 DECEMBER 2025 Unrestricted Funds Restricted Funds Total Funds 2025 Total Funds 2024 Notes F5xed assets: Tangible assets 123,594 4,022,875 4,146,469 3,932,494 Total fixed assets 123,594 4,022,875 4,146,469 3,932,494 Current assets Debtors and prepayments Cash at bank and in hand io 6,537 6,537 5,564 li 211,982 19,296 231,278 143.499 Total current assets 218,519 19,296 237,815 149,063 Current IlabllStles Creditors due within one year 12 1,2C 1,200 1,020 Total current liabilities 1,2C(J 1,200 1,020 Net current assets 217,319 19,296 236.615 148,043 Totsl net assets 340,913 4,042,171 4,383,084 4,080,537
CULLYBACKEY ELIM PENTECOSTAL CHURCH ST BALANCE SHEET AS AT 31 DECEMBER 2025 Iconydl Unrestrirted Funds Restricted Funds Total Funds 2025 Total Funds 2024 Notes Funds of the charity Unrestricted funds 13 340,913 340,913 285,372 Restricted funds 13 4.042,171 4,042.171 3.795.165 Total charlty funds 340,913 4,042,171 4,383,084 4,080,537 SIGNE BEHALF OF TRUSTEES BY: Philip Brown Trustee and Treasurer Date.. 8, May 2026 Stephen Spence Trustee Date.. 8" May 2026
CULLYBACKEY ELIM PENTECOSTAL CHURCH 5T CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2025 Total Funds 2025 Total Fund5 2024 Cash flow from operating activities Net incoming resources before interest Depreciation Increase in debtors and prepayments Increase in creditors and accruals 70,844 13,735 19731 180 46,168 Net cash inllow from incoming resources 83,786 46,168 Return on investments and servicing of finance Interest received 3,993 4,113 Capital expenditure Purchase of tangible fixed assets 147,0621 Net increase in cash for the year 87,779 3,219 Cash and cash equivalents at the beginning of the year 143,499 140,280 Cash and cash equivalents at the end of the year 231,278 143.499
CULLYBACKEY ELIM PENTECOSTAL CHURCH NOTES TOTHE ACCOUNTS 31" DECEMBER 2025 ACCOUNTING POLICIES The principal accounting policies adopted, judgement5 and key sources of estimation uncertainty in the preparation of the financial statements are as fDIIows'. a Basis of preparation The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with Financial Reporting Standard applicable in the UK and Ireland IFRS1021 (effective l January 20151. Cullybackey Elim Pentecostal Church is a registered charity INIC1074521 and meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless Otherwise stated in the relevant accounting policy notes. b Income recognition All incoming resources are included in the Statement of Financial Activitie5 when the charity is legally entitled to the income after any performance corkditions have been met, the amount can be measured rellably and it is probable that the income will be received. (i) Donation5 received Donations are accoijnted for gr055 when received. Fixed asset gifts in kind are recognised when receivable and are included at fair value. {iil Gift aid Gift aid income is accrued in respect of charitable donations already receipted. {111) Investment Income Investment income is included in the accounts in the year in which it is receivable. c Expenditure rÈtognition All expenditure is accounted for on an accruals basis. Expenditure is recogni5ed where there is a legal or constructive obligation to make payments to third partie5, it 15 probable that settlement will be required and the amount of the obligation can be measured reliably. {1) Support costs Support costs are those that as515t the work of the church but do not directly represent charitable aclivities and include office costs and governance cost. Where support costs cannot be directly attributed to particular headin8S they have been allocated to the cost of raising funds and expenditure on charitable activities on a basis con515tent with the use of resources. This represents direct expenditure on the governance of the church. M05t of the management is carried out without charge by volunteers. This intangible cost is not included in the Statemerit of Financial Activities since there is no measurable cost to the volunteers for their service. 121 Page
CULLYBACKEY ELIM PENTECOSTAI CHURCH ST NOTES TO THE ACCOUNTS 31 DECEMBER 2025 {cont'dl ACCOUNTING POLICIES Iconvd) d Fixed assets Tan8ible fixed assets are capitalised if they can be used for more thark one year and cost at least £I.000. They are initially recognised at cost, or for donated assets, at a reasonable estimète of their value on receipt. Valuation of the Church and Church Hall buildings 15 reviewed annually and is re-valued in accordance with insurance valuation. e Depreciation Depreciation has been provided on all fixed a5sels, otherthan the Church and Church Hall buildings and manse, to write off the c05t on a 5traight-line ba515 over their expected useful life, at the following rates: Equipment, tixtures and fittings io% No depreciation will be provided on the Church and Church Hall buildings as their estimated residual value 15 not expected to be le55 than the carrying value, and their remaining Useful life currently exceeds 50 years. The fair value of all tangible fixed assets will be reviewed by the Trustees annually. f Funds Unrestricted funds are available for use al the discretion of the trustees in furtherance of the 8eneral objectives of the charity and which have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been ralsed by the charity for specific purposes. The cosr of rèising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. g Employee benefits The charity operates a defined contribution plan for ils employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as an expense when they are due. Amounts not paid are shown In accruals in the balance sheet. The assets of the plan are held separately from the charity in an independently administered fund.
CULLYBACKEY ELIM PENTECOSTAL CHURCH NOTESTO THEACCOUNTS 31 DECEMBER 2025 Icont'dl ACCOUNTING POLICIES Iconvdl h Prep3r3tion of accounts on a going concern basis The Church Eenerally meets its day-to-day workings capital requirements from its annual income. The Trustees have Dbtained and reviewed cash flow forecasts for the incoming year and hased on these are satisfied that the Church ha5 resources to provide a reasonable expectation that it can continue to meet its financial obligations as they fall due for the foreseeable future. Therefore, these financial statements have been prepared on a going concern basis. DONATIONS ANO LEGACIES Unrestricted Fund5 Restricted Funds Totsl Funds 2025 Total Funds 2024 Recorded giving: Donations and gifts Gift Aid on donations and gifts 180,909 18.417 180,909 18,417 157,083 19,298 199,326 199.326 176,381 CHARITABLE ACTIVITIES Unrestrieted Funds Restricted Funds Total Funds 2025 Total Funds 2024 General church activities Mission income Associated Gift Aid 265 63,097 2,275 265 63.097 2,275 21.429 1,262 65,637 65,637 22.691 INVESTMENT INCOME Unrestricted Funds Restrirted Funds Total Funds 2025 Total Fund5 2024 Deposit interest 3,993 3,993 4,113 141 Page
CULLYBACKEY ELIM PENTEC05TAL CHURCH NOTES TO THE ACCOUNTS 31- DECEMBER 2025 Icont'dl OTHER INCOME Unrestricted Funds Restricted Funds Tolal Funds 2025 Total Funds 2024 other income 2,834 2,5Z7 5,361 3,133 2,834 2,527 5.361 3,133 CHARITABLE ACTIVITIES Unrestricted Funds Restricted Funds Total Funds 2025 Total Funds 2024 Ministry and sUPPOrt staff costs 71,871 13.497 1,927 7,636 14,095 16,273 71,871 13,497 1,927 7,636 14.095 16.273 48,868 41,164 12,265 2,143 7,054 14,516 34,739 36,466 Event and catering expenses General church activity expenses Stationery and teaching materials Repairs and maintenance Donations and gifts 48,868 125,299 48,868 174,167 148,347 OTHER EXPENSES Unrestricted Funds Restricted Funds Total Funds 2025 Total Funds 2024 Governance costs Miscellaneous expenses Depreciation 1,836 9,742 13,735 1,836 9.742 13,735 1,449 6,241 25.313 25.313 7,690
CULLY8ACKEY ELIM PENTECOSTAL CHURCH ST NOTES TOTHE ACCOUNTS 31 DECEMBER 2025 {conVdl EMPLOYEES Employment C05t5 Total 2025 Total 2024 Wages and salaries 69,336 41,164 69.336 41,164 Numberof Employees The average number of employees during the year was: 2025 2024 Average number of employèes There were no employees in receipt of employee benefits in excess of £60,0(XI. The Pastor received remuneration, expense5 allowance pension contributions totallinE £42,714 12024.. £41,164) in respect of his services as Pastor. The only amounts paid to the Trustees were for out-of-pocket expenses. The Church pay5 pension contributions for its Pastor and Trainee Pastoi to the National Employment Savings Trust, a defined contribution scheme, which is not contracted out ofthe State second pension. The scheme is a multi-employer scheme and it is not possible to identify the assets ancl liabilities of the scheme which are attribLJtable to the church. 161 Page
CULLYBACKEY ELIM PENTECOSTAL CHURCH NOTES TOTHE ACCOUNTS 31" DECEMBER 2025 (cont'dl TANGIBLE FIXED ASSErs Equipment. flxtures and fittings Church buildings Total Cost/valuation As at I" January 2025 Additions Revaluation 3,795,165 200,095 3,995,260 227,710 227,710 As at 31" December 2025 4,022,875 200,095 4,222,970 Depreciation As at I" January 2025 Charge for the year 62,766 13,735 62,766 13,735 As at 31" December2025 76.501 76.501 Net Book Value As at 31" December 2025 4,022,875 123.594 4,146,469 As at 31 December 2024 3,795,165 137,329 3,932,494 The assets of the Church comprise= Church and hall buildings, and their contents During the year ended 31, December 2025, depreciation has been provided on all fixed assets. other than the Church and Church Hall buildings. No depreciation will be provided on the Church and Church Hall building5 as their estimated residual value is not expected to be less than the carrying value, and their rern3ining useful life currently exceeds 50 years. The fair value of all tangible fixed assets will be reviewed by the Trustees annually. io. DEBTORS AND PREPAYMENTS 2025 2024 Gift aid rebates due Prepayments 5,843 694 4,909 655 6,537 5,564 171 Pège
CULLYBACKEY ELIM PENTECOSTAL CHURCH NOTES TO THE ACCOUNTS 31 DECEMBER 2025 {conVd} 11. CASH AT BANK AND IN HAND 2025 2024 Cash at bank and in hand 231,278 143,499 12. CREDITORS DUE WITHIN ONE YEAR 2025 2024 Accruals 1,21XI 1,020 13. FUND BAL4NCES AND RECONaLIATION OF FUNDS Balance at start Surplusl Ideficitl Balance at ond Fund Income Costs Revaluation Unrestricted Funds General Account 285,372 206,153 1150.6121 55,541 340,913 285,372 206,153 1150,6121 55,541 340.913 Restricted Funds General Account 3,795,165 68,164 148,8681 19,296 227,710 4,042.171 3,795,165 68,164 148,8681 19,296 227,710 4,042,171 OVERALL TOTALS 4,080,537 274,317 {199,4801 74,837 227.710 4,383.084 Analysls of closlng funds Unrestricted Funds Restricted Funds Total Funds 2025 Total Funds 2024 Fixed assets Current assets Current liabilitie5 123.594 218,519 11,200) 4.022.875 19.296 4,146,469 237,815 11,2001 3,932,494 149,063 11,020 Total funds 340,913 4,042,171 4.383,084 4,080,537 181 Page
CULLYBACKEY ELIM PENTECOSTAL CHURCH NOTES TO THE ACCOUNTS 31 DECEMBER 2025 {conVd) 15. RELATED PARTY TRANSACTIONS None of the trustees received any remuneration, only reimbursements for out-of-pocket expenses incurred in connection with their duties. There were no other related party transactions. 16. CRITICALACCOUNTING JUDGEMENTS AND ESTIMATION UNCERTAINITY Estimates and judgèrftents made in the process of preparing the financial statement5 are continu?Ily evaluated and are based on historical experience and other f3Ctors, including expectations of future events that are believed to be reasonable under the circumstances. The Trustees do not consider that there are any critical accounting estimates or assumptions which may have a significant risk of causing a material adjustment to carrying amounts of assets and liabilities within the next financial year. 17. PENSIONS The Church pays pension contributions for its Pastor and Trainee Pastor to the National Employment Savings Trust, a defined contribution scheme, which is not contracted out of the State Second pension. The scheme 15 3 multi-employer scheme and it is not possible to idenrify the assets and liabilities of the scheme which are attributable to the church. Therefore, in accordance with FRS102 Section 28, the scheme is accounted for as a defined contribution scheme. All employees are eligible to join the Scheme. 18. CHARITABLE FUNDING COMMITMENTS At 31" December 2025 the Church had charitable funding commitments of £17,351131" December 2024= nonel-