Grace Free Presbyterlan Church A congregation of the Free Presbyterian Church of Ulster Trustees, Annual Report for the year ended 31 December 2024 Regl3tsred wlth tho Charlty Commls8lon for Northem lrnland NIC 109380
Grace Fro• Presbyterlan Church A congrogatlon of The Froo Pro8bytorlan Church of U13tsr REFERENCE AND ADMINISTrATIVE DEfAILS Grace Free Pr88byterl8n Church Is a congregation of The Free Presbfvian Church of Ulster. Charity Name: Grace Free F*esbyterian Church Charlty Commls8ion for Northern Ireland registered number: NIC 109380 Tru8t8e8 who 8erved during the perlod or were trustees 8t the date of th18 report: P J Baker (r8slgned 31 Augu8t 2025) H J S Gib80n MBE SJaml8on J G Kennedy R Mcmillan Contact Addre88: 22 Bevertey Road Newtown8rd8 r23 7TW Independent Ex8mlner: L J Hlggln8 ACCA 1 Calmdore Way Newtown8rd3 BT23 8P8 88nk8r8: Dan8ke Bank Donegau Square W88t Belfast 8T16JS Solicitors John Ross & Sons 21 Hlgh Street Newtownards BT23 4JN
Grace Free Presbytsrlan Church A congregatlon of The Free Presbyterfan Church of Ulstsr TRUSTEES. ANNUAL REPORT The Trustees pr88ent their Annual Report and Flnanclal Statements for the year ended 31 December 2024. Introductlon The Free Presbyterian Church of Ulster came Into being on 17th March 195188 a te8timony to the historic faith of Presbyterian8 that emphaslsed the Inspiration and authority of Scripture against the liberaL rationalist infidelity that had made serfous Inroads Into Pre8byteri8nism In Ireland as well 88 the other main Protestant denomlnatlons. The Free Presbyterian Church of Ul8ter Is a worldwlde Protsstant Reformed denomination con8i8ting of congregations which accept and uphold the Artlcles of Faith. It Is Protestsnt in its ba818, Presbyterlan in its govemmenL Reformed In Its doctrfne, Evangelistic In its ministry, Fundamentsiist In Its stsnd and defence of the Hi8torfc Chrlstlan Falth. and subject only to the Lord Je8U8 Chrlst 88 the Great Klng and only Head of The Church. The Word of God. as contained in the Scrlpture8 of the Old and New Testsments, 18 its only rule of falth and practice. Artlcl•8 of Falth The Ab801ute Authorfty 8nd Verbal Divine In8piration of the Old and New Testsm8ntS as the Word of God: There 18 but one Ilvlng and true God, and In the Godhead there are Three Per80n8. equal In power and glory. God the Father, God the Son. and God the Holy Ghost; The Eternal Sonshlp. Virgln Birth 8nd Oelty of our Lord and Savlour Jesus Christ: the personallty of God the Holy SpiriL and the ab801ute nece&81ty of HIS work in Regeneration and Sanctificatlon. and HIS Infilling of the Indwelt Bellever for power to Ilve and witness for Chrlst; The Sub8tltutlonary death of the Lord Je8U8 Chrl8t and H18 Re8urrection as the only way of Salvatlon from 81n through Faith: God has appointed beside8 the Word and Prayer the Sacraments of Baptism and the Lord's Supper. Baptism. The Free Pr8sbyteri8n Church of Ulster. under Chrlst the great King and Head of the Church, realises that bltter controversy raging around the ordSnance of Chrlstlan Baptism has divided the Body of Christ. when that Body should have been unlted In Christian love and Holy Ghost power to Stem the onslaughts and hell-inspired assaults of modernism. hereby 8fflrm8 that each member of the Fre8 Presbyter18n Church of Ulster shall have liberty to decide for themselves which course to adopL each member giving due honour In love to the views held by dlff8ring br8thr8n. but none espousing the error of baptismal regeneration. The Lord's Supper. The Lord's Supper has been appointed by our Lord for Remembrance of HIM in His work as Saviour. Its purpose to the child of God is for strengthening. 8nd the putting of a visible difference between the redeemed and the unregenerats. This Sacrament
Grace Fro8 Presbytorlan Church A Gongregatlon of Tho Free Pr•8bytorfan Church of Ulster will be observed once each month in every Free Presbyterian Congregation. or more. or less frequently as each local congregation shall decide: until the visible and personal retum of Our Lord Jesus ChrlsL These Articles of Faith, together with the Larger and Shorter Catechi8m8, and the We8tmin8ter Stsndards form the Subordinate stsndard8 of the Free Presbyterian Church of Ulster. Purpose The Objectiv8 of the Church is to promote the advancement of rellgion in accordance with the Holy Scriptures, the subordlnate stsndard8 of the Articles of Faith, the Westmin8ter Standards, and the Book of Church Order. Publlc Bonelft Th18 congregation of the Free Presbyterfan Church of Ulster meets the public benefit requlrement. The Church 18 e8tabllshed to benefit its members and the general public, both at home and abroad through the advancement of rellgion. The benefits whlch flow from Its purpose include the holdlng of public wor8hip and fvlfilment of the Great Commlsslon to preach Chri8t cruclfied In all the world, the coming of 80uI8 to savlng falth In Jesus Chrlst, r8p8ntance from sln and the holding to orthodox Blble rellglon. Adh8renc8 to th18 framework leads to 8plrltual and moral development and wlder80clety Imng In accordance wlth God's moral law. It encourages demonstrable acts In the world 8uch a8 fvNent evangelism. mi88ionary effort, the establlshment of new churches, the In8truction of student8 for Chrlstlan servlce. the progre&8 of Chr18tlan 8choollng and the provlslon of pastoral care, and hum8nltsrlan rellef. The b8n8fits are further d8mon8tr8ted through attendance at publicwor8hip a8weU as regular evaluation of actMtie8. informal8nd 8d-hoc feedback from member8, thelr families. and the general public. The purp08e does not lead to harm. The charlty'8 beneficlarie8 are the Chrlstlan Church and the general public within 8ociety in Northern Ireland and wherever acr088 the world the Free PreserIan Church of Ulster h88 an opportunity to mini8ter. The only private benefits flowing from this purpose are to th08e members who would receive re88on8ble remuneration paid In respect of employment by the Church: those member8 who may enter into contracts with the Church and recelve re880nable payment for goods and setvices supplled; where a member may benefit as a Student at our Bible Colleges: or where someone from a member's family may banefit as a pupil at a Christian school. These private beneffts are Inclderrtal and neces88ry to ensure the public benefit18 provided to our berfIciar1es.
Grace Frno Pre8byierfan Church A congregatlon of The Free Presbyterian Church of Ulstsr Actlvlt188 and Events Grace Free Presbyterian Church carrie8 Out the following activltles:_ The church conducts public worship through the following regular seNices - Lord's Day Morning and Evening Worship. Prayer Meeting8. Sunday School, Children's Meetings. Deputation Meetings. Outreach Work. Children's Holid8y Bible Club. Children's Fun Days. etc Conducts public worship through the foUowSng speclal $8rvic8s- Gospel Mlssion8. Special Family SeThices and Other Specl8l Meetings The Elders attend the monthly Presbytery meetings The Kirk Sesslon Intervlew and accept new communicant members The Kirk Session provide8 pastoral support for the members and attendees The Kirk Se&81on meets regularly to provide 8piritU8l over81ght Th8 Church Committee meets regularly to oversee the financial and practical matter8 The Church support8 the work of Radlo and TV broadcasting through Let the Bible Speak and the tralnlng actlvltles In the Whftefleld College of the Blble and encourage8 fervent evangellsm In th8 rest of the UK through the work of the Malnland Commi88ion and the growlng mlsgion8ry work through the Mi88ion Board and The Free Pre8byterian Mlsslon Soclety Afric8. The Church al80 8UPPOrt8 the work of Christian Educ8tlon through the work of the Education Board. Structur•. lknrnanc• and Manapmont Th8 Truste88 meet on a regular basis to dSscus8 the work of the church, and to m8ke declslon8 conceming the actmtles wlthln the church. Matters are reported to Church Members at the Annual General Meetlng when the Financial Report 18 given and the Accounts are presented. The Church Commlttee meets regularly to tske delegated responsibility on behalf of the members of the Kirk Session to assist it in managing the Church's flnances and a&8ets and in making decisions regarding the dayto dayfinancial and material aff8ir8 of the Church. Flnanclal Revlew The m8in 80urce of Income Is from weekly offerings. and voluntsry glfts and don8tlons, 8upplem8nted by the use of Gift Aid and the Glft Ald Small Donations Scheme. Combined Income from unrestricted and restricted donatlons during the period w88 £113.698 (2023: £120.487). total expenditure was £162.277 (2023: £148,058), leaving a deficit of £48,578. (2023: deficit £27,571). Cash and cash equivalents held at the year-end were £50.479, (2023: £21,760).
Grace Free Presbyterian Church A congregatlon of Tho Free Pmsbyterfan Church of Ulstsr Volunteer Help The Trustees. who are the Kirk Session. acknowledge that much is glven In klnd by the membership and friends of Grace Free Presbyterian Church through voluntsering. support of the pastoral efft?rL participation in children's work. congregational activities and to include the general upkeep of the property and its ground. Th8 Kifk Session wishes to record their appreciation to all who help in arywaywith the advancement of the work of God. Golng Concorn The trustees have revlewed the budgets for the year ahead and are satlsfled that there ar8 adequate funds in place to ensure that the Church can continue its activities and the financial ststements for the year ended 31 December 2024 can be signed off as a golng . concern. St8t•mont ol Tru8t808• Ro8pon8lbllftl The tru8tee8 are r88ponslbl8 for preparing the Tru8tee8' report and the financlal 8tatement8 In accordance wlth appucable law and United Kingdom Accounting Stsndard8 (United Klngdom Generally Accepted Accountlng Prdctlce). The lawappllcable to charitie8 in Northem Ireland requlres the trustees to prepare flnanclal 8tatements for each financi8l year whlch glve a true and falr vl8w of the stste of affalrs of the ch8rlty and of the Incomlng rnsourc88 and appllcatlon of resources of the charlty for that flnanclal year. The trustees are responsible for keeping accounting record8 that are 8ufflclent to Show and explaln the Church'8 transactlon8 and disclo8e with reasonable accuracy at any time the 88set8 and Ilabllltles of the Church. They are al80 re8ponsible for 8afeguardlng the a88ets of the Church and hence for tsklng reasonable stsps for the prevention and detection of fraud and other irregul8ritie8. The tru8tee8' report was approved by the Board of Trustees. Trustee f/Y Trusts0 J/oP Trustoo Date: 29 October 2025
Grace Free Presbyterlan Church A congregatlon of The Free Preabyterfan Church of Ulstsr INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GRACE FREE PRESBYfERIAN CHURCH I report to the trustees on my &xamination of the financ181 stst8ments of GRACE Free Presbyterlan Church (the charity) for the year ended 31 December 2024. Re8pon8lbllltle8 and basls of the report A8 the tru8tees of the charity. you are responslble for the preparation of the financlal statsments in accordance with the requirement8 of the Charttles Act (Northern Ireland) 2008. Havlng 38tisfied myself that the financial statements of the chartty are not requlred to b8 audited under Part 8 of the 2008 Act and are eligible for Independent examlnation. It Is ry respon8ibilityto: examine the flnanclal 8tatsments under 8ectlon 65 of the Ch8ritie8 Acr, follow the procedure8 laid down In the 88n8ral Dlrection8 glven by the Charity Commi88ion for Northern Ireland under Section 65{9)(b) of the Charftle8 Act: 8tate whether p8rt1cul8r matters have come to nry attentlon. Ind•p•ndont Examln•r* 8tatsmont I have examlned your ch8rlty flnancial 8tstements 88 r8qulr8d under 8ectlon 65 of th8 Ch8rltle8 Act and my examination w88 carrl8d out in accordance wlth the general Dlrectlon8 glven by the Charity Comm188ion for Northem Ireland under 8ectlon 65(9)(b) of the Charitle8 Act. The ex8mlnatlon Included r8vlew of the accountlng record8 kept ty the charlty and a comparfson of the fln8ncl8l 8t8tsments presented wlth th088 record3. It 8180 Included con8lderatlon of unu8ual Item8 or dl8cIo8ure8 In the flnanclal 8tatements and seeklng explan8tlon8 from you 88 charlty tru8tee8 concemlng ary 8uch matter8. My rol818 to State whether ary m8terl81 m8tter8 have come to my attent5on glving me cause to belleve: 1. That accountlng records were not kept In accordanc8 8ectlon 63 of the Charltles Act; 2. That the fln8ncl818tatsments do not accord with tho8e accountlng records: 3. Thet the flnanclal 8t8tsment8 do not comply with the accounting requlrem8nts of the Ch8rftie8 Act: 4. That th8re18 further informatlon needed for 8 proper understsndlng of the financl8l 3tstement8 to be reached. I have completed my examlnatlon and have no concem8 In re8pect of the matters 1 to 4 Ustsd above and, in connection wlth the Direction8 of the Charity Commi8sion for Northern Ire18nd, I have found no matters that requlre drawing to your attention. Date 29° Octob8r 2025
Grace Free Pre8bfvrlan Church A congregatlon of The Free Presbfvrlan Church of Ulstsr Statsment of Flnanclal Actlvltl•8 For tho yoar ond•d 31 Dember 2024 2024 Total 2023 Total Funds Fund• Incom• from t)on8tions Charitable activitle8 Investments 98.615 6,323 150 8.610 107,225 6.323 110.528 9.609 350 Totsl Incom• 10S,088 8.010 113.898 120,487 Exp•ndltur• on Charftsbla actlvltl68 153.667 8,810 162,277 148,058 Totsl Ewndltur• 163,667 8.810 182.277 148,058 Other recognlzed galn81{1088e8) N•t Ineom• l {•xp•ndltur•) 48,578 48.678 27,571 N•t mov•m•irt In lund• (48.578) (48,578) (27,571) Fund balance8 01 January 1.208.108 1,208,108 1,235.727 Fund b•l•ncu 31 D•¢•mb•r 1,169,678 1.169.578 1,208,156
Grace Fro0 Pro80r1an Church A congrogatlon of The Free Presbytorfan Church of Ul8tsr Balance Sheet At 31 December 2024 2024 Total Funds 2023 Total Funds Flx•d A88•ts Tangible Fixed Assets 1.053.686 1.053.886 1,099.116 A888t8 re¢ovor In oxcojs of one year 45.000 45.000 256.107 Curr•nt A8•0ts Debtor8 and Prepayments Cash and Cash Equlvalents 16.184 50.479 16.184 50.479 8.029 21,760 10 Totsl Current A••fjts Current Uabllltl•8 Amounts du• wftNn on• yaar Credltor8 86.663 66.663 29,789 11 5.771 5.771 178,855 Not Curront A•8et• I {LlablUtle•) 80.892 80.892 (147.066) Total Not A•••t• 1.159.678 1.159.578 1,208.156 Restrlcted Fund8 Unre8trlcted Fund8 Revaluatlon Reserve 12 1.16978 1.1 58.578 1.208,156 Totsi Fund• 1,159.578 1,169,578 1.208,156 The flnancial Ststements were approved by the Tru8tee8 on 29 October 2025 and signed on their behalf by: Trustee Trustee )6ll