Tandragee Free Presbyterian Church
Trustees’ Annual Report
Year ended 31 December 2024
The Charity Commission for Northern Ireland Number: 109428
HMRC Charities Reference Number: XN48597
Tandragee Free Presbyterian Church
References and administrative details
Charity Name
Tandragee Free Presbyterian Church
The Charity Commission for Northern Ireland Number
109428
HMRC Charities Reference number
XN48597
Trustees
Rev John Gray Mr L Mcilwrath Mr N Berry Mr C McTurk Mr M Preston Mr S McKee Mr L Badger
Contact Address
39 Willowfield Tandragee Co Armagh BT62 2EJ
Independent Examiner
Ruth Jardine FCA Roulston Jardine Chartered Accountants First Floor 3 Gallows Street Dromore BT25 1BG
Bankers
Danske Bank PO Box 183 Donegall Square West Belfast BT1 6JS
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Tandragee Free Presbyterian Church
Trustees’ Report For the year ended 31 December 2024
The Trustees present their annual report and financial statements for the year ended 31 December 2024.
Introduction
The Free Presbyterian Church of Ulster came into being on 17th March 1951 as a testimony to the historic faith of Presbyterians that emphasised the inspiration and authority of Scripture against the liberal, rationalist infidelity that had made serious inroads into Presbyterianism in Ireland as well as the other main Protestant denominations.
The Free Presbyterian Church of Ulster is a worldwide Protestant Reformed denomination consisting of congregations which accept and uphold the Articles of Faith. It is Protestant in its basis, Presbyterian in its government, Reformed in its doctrine, Evangelistic in its ministry, Fundamentalist in its stand and defence of the Historic Christian Faith, and subject only to the Lord Jesus Christ as the Great King and only Head of The Church. The Word of God, as contained in the Scriptures of the Old and New Testaments, is its only rule of faith and practice.
Articles of Faith
The Absolute Authority and Verbal Divine Inspiration of the Old and New Testaments as the Word of God;
There is but one living and true God, and in the Godhead there are Three Persons, equal in power and glory, God the Father, God the Son, and God the Holy Ghost;
The Eternal Sonship, Virgin Birth and Deity of our Lord and Saviour Jesus Christ;
The personality of God the Holy Spirit, and the absolute necessity of His work in Regeneration and Sanctification, and His infilling of the indwelt Believer for power to live and witness for Christ;
The Substitutionary death of the Lord Jesus Christ and His Resurrection as the only way of Salvation from sin through Faith;
God has appointed besides the Word and Prayer the Sacraments of Baptism and the Lord’s Supper;
Baptism. The Free Presbyterian Church of Ulster, under Christ the great King and Head of the Church, realises that bitter controversy raging around the ordinance of Christian Baptism has divided the Body of Christ, when that Body should have been united in Christian love and Holy Ghost power to stem the onslaughts and hell-inspired assaults of modernism, hereby affirms that each member of the Free Presbyterian Church of Ulster shall have liberty to decide for themselves which course to adopt, each member giving due honour in love to the views held by differing brethren, 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, and the putting of a visible difference between the redeemed and the unregenerate. This Sacrament will be observed once each month in every Free Presbyterian Congregation, or more, or less frequently as each local congregation shall decide; and
The visible and personal return of Our Lord Jesus Christ.
These Articles of Faith, together with the Larger and Shorter Catechisms, and the Westminster Standards form the Subordinate Standards of the Free Presbyterian Church of Ulster.
Purpose
The Objective of the Church is to promote the advancement of religion in accordance with the Holy Scriptures, the subordinate standards of the Articles of Faith, the Westminster Standards, and the Book of Church Order.
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Tandragee Free Presbyterian Church
Public Benefit
This congregation of the Free Presbyterian Church of Ulster meets the public benefit requirement. The Church is established to benefit its members and the general public, both at home and abroad through the advancement of religion. The benefits which flow from its purpose include the holding of public worship and fulfilment of the Great Commission to preach Christ crucified in all the world, the coming of souls to saving faith in Jesus Christ, repentance from sin and the holding to orthodox Bible religion. Adherence to this framework leads to spiritual and moral development and wider society living in accordance with God's moral law. It encourages demonstrable acts in the world such as fervent evangelism, missionary effort, the establishment of new churches, the instruction of students for Christian service, the progress of Christian schooling and the provision of pastoral care, and humanitarian relief. The benefits are further demonstrated through attendance at public worship as well as regular evaluation of activities, informal and ad-hoc feedback from members, their families, and the general public. The purpose does not lead to harm.
The charity’s beneficiaries are the Christian Church and the general public within society in Northern Ireland and wherever across the world the Free Presbyterian Church of Ulster has an opportunity to minister. The only private benefits flowing from this purpose are to those members who would receive reasonable remuneration paid in respect of employment by the Church; those members who may enter into contracts with the Church and receive reasonable payment for goods and services supplied; where a member may benefit as a student at our Bible College; or where someone from a member’s family may benefit as a pupil at a Christian school. These private benefits are incidental and necessary to ensure the public benefit is provided to our beneficiaries.
Activities and Events
Tandragee Free Presbyterian Church carries out the following activities:
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Conducts public worship through the following regular services – Lord’s Day morning and evening worship, both preceeded by prayer meetings, Sunday School, and Bible Classes Weekly Prayer Meeting, Youth Fellowship, and monthly Ladies’ Fellowship
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Conducts Public worship through the following special services – Gospel Missions, teaching conferences, special times of prayer, baptism services and other special meetings.
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Conducts outreach for Children’s and Youth
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Holds monthly lunches for Senior citizens
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Organises annual outings for ladies and senior citizens
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The Elders attend the monthly Presbytery meetings
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Representatives attend the monthly Missionary Council meetings
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The Kirk Session interview and accept new communicant members
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The Kirk Session provide pastoral support for the members and attendees
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The Kirk Session meet regularly to provide spiritual oversight
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The Church Committee meets regularly to oversee the financial and practical matters
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Supports the work of Radio and TV broadcasting through Let the Bible Speak
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Encourages and supports fervent evangelism in the UK and abroad through the Mainland Commission, the growing missionary work through the Mission Board, the Free Presbyterian Mission Society Africa and other missionary endeavours.
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Supports training activities in the Whitefield College of the Bible.
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Supports the work of Christian Education through the work of the Education Board.
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Tandragee Free Presbyterian Church
Structure, Governance and Management
The Trustees meet on a regular basis to discuss the work of the church, and to make decisions concerning the activities within the church.
The Church Committee meets regularly to take delegated responsibility on behalf of the members of the Kirk Session to assist it in managing the Church's finances and assets and in making decisions regarding the day to day financial and material affairs of the Church.
Financial Review
The main source of income is from weekly offerings, and voluntary gifts and donations, supplemented by the use of Gift Aid and the Gift Aid Small Donations Scheme.
The income for the year amounted to £399,113 (2023: £406,322) and expenses totalled £352,155 (2023: £345,151). The cash surplus for the year was £46,958 (2023 £61,171). Cash funds held at the end of the year amounted to £650,058 (2023: £673,246).
The Church reserves policy is to accumulate sufficient reserves to provide cover for 12 months operating expenses and future capital projects.
Going Concern
The Trustees have reviewed the budgets resources available for the year ahead and are satisfied that there are adequate funds in place to ensure that the Church can continue its activities and the financial statements for the year ended 31 December 2024 can be signed off as a going concern.
Statement of Trustees’ Responsibilities
The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in Northern Ireland requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that financial year.
The trustees are responsible for keeping accounting records that are sufficient to show and explain the Church’s transactions and disclose with reasonable accuracy at any time the assets and liabilities of the Church. They are also responsible for safeguarding the assets of the Church and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees' report was approved by the Board of Trustees.
Trustee
Trustee
Date: 15 October 2025
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Independent examlner's report to the charity trustees of Tandragee Free Presbyterian Church I report on the accounts of the Trust for the year ended 31 December 2024, which are set out on pages 6 to 13. Respective responslbillties 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 Charities Act follow the procedures laid down in the general Directions given by the Commission under section 65(9llb) of the Charities Act state whether particular matters have come to my attention. Basis of independent examiner's report I have examined your charity accounts as required under section 65 of the Charitie5 Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 6519){b) of the Charities Act. My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as 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 Act 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 examiner's statement I have completed my examination and have no concerns in respect of the matters (l} to14) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Roulston Jardine Chartered Accountants Ruth Jardine FCA First Floor, 3 Gallows Street, Date 3 October 2025 Dromore
Tandragee Free Presbyterian Church
Statement of Financial Activities For the year ended 31 December 2024
| Unrestricted funds Note £ Income from: Donations and legacies 2 250,792 Charitable activities 3 3,307 Investment income 4 35,856 Other income 1,304 Total income 291,259 Expenditure on: Raising funds Charitable activities 5 288,995 Other costs 6 2,668 Total expenditure 291,663 Net gains on investments 8 & 10 20,530 Net income/(expenditure) before transfers 20,126 Transfers between funds (63,099) Net income/(expenditure) for the year (42,973) Fund balances at 01 January 2024 2,941,890 Fund balances at 31 December 2024 2,898,917 |
Restricted funds £ 107,854 - - 107,854 81,022 81,022 - 26,832 63,099 89,931 49,028 138,959 |
Total 2024 £ 358,646 3,307 35,856 1,304 399,113 - 288,995 83,690 372,685 20,530 46,958 - 46,958 2,990,918 3,037,876 |
Total 2023 £ 360,132 12,686 32,566 938 406,322 257,153 99,774 356,927 11,776 61,171 61,171 2,929,747 2,990,918 |
|---|---|---|---|
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Tandragee Free Presbyterian Church
Statement of Assets and Liabilities as at 31 December 2024
| Note Fixed Assets Tangible Fixed Assets 7 Fixed Asset Investments 8 Current Assets Debtors 9 Investments 10 Bank and cash balances Creditors: due within one year Accruals and deferred income Other creditors and provisions Bank loans Other loans Net Current Assets Creditors: due within one year Bank loans Other loans Net Assets Income Funds Unrestricted Funds Restricted Funds Retained Reserves 11 |
£ £ 1,759,650 620,200 2,379,850 21,047 612,947 37,111 671,105 13,079 13,079 658,026 - - - 3,037,876 2,898,917 138,959 3,037,876 3,037,876 2024 |
£ £ 1,706,713 599,670 2,306,383 18,826 662,443 10,803 692,072 7,537 7,537 684,535 - - - 2,990,918 2,941,890 49,028 2,990,918 2,990,918 2023 |
£ £ 1,706,713 599,670 2,306,383 18,826 662,443 10,803 692,072 7,537 7,537 684,535 - - - 2,990,918 2,941,890 49,028 2,990,918 2,990,918 2023 |
|---|---|---|---|
| 2,306,383 684,535 - |
|||
| 671,105 13,079 |
692,072 7,537 |
||
| 13,079 - - |
7,537 - - |
||
| 2,898,917 138,959 |
2,941,890 49,028 |
||
| 2,990,918 | |||
| 2,990,918 | |||
| 2,990,918 |
The financial statements were approved by the Trustees on 15 October 2025 and signed on their behalf by:
Trustee
Trustee
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Tandragee Free Presbyterian Church
Notes to the financial statements (continued)
For the year ended 31 December 2024
1 Principal accounting policies
The principal accounting policies adopted, judgements and key sources of estimation in the preparation of the financial statements are as follows:
1.1 Basis of preparation
The financial statements have been prepared in accordance with the Charities SORP (FRS102) Accounting and Reporting by Charities: Statement of Recommended Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (second edition – October 2019).
Tandragee Free Presbyterian Church is a registered charity (NIC109428) and meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historic cost or transaction value unless otherwise stated in the relevant accounting policy notes.
1.2 Income recognition
All incoming resources are included in the Statement of Financial Activities when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.
1.3 Donations
Donations are accounted for gross when received. Fixed asset gifts in kind are recognised when receivable and are included at fair value.
1.4 Legacies
Legacies are accounted for when probate has been completed, the amount of the legacy can be reliably quantified and the conditions of the legacy are within the control of the Presbytery.
1.5 Investment income
Interest receivable is included in the financial statements in the period in which it is earned.
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Tandragee Free Presbyterian Church
Notes to the financial statements (continued)
For the year ended 31 December 2024
1.6 Expenditure recognition
All expenditure is accounted for on an accruals basis. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
1.7 Fixed assets
The tangible fixed assets are initially recorded at cost, or for donated assets, at a reasonable estimate of their value on receipt.
Depreciation is provided on tangible fixed assets on a straight-line basis as follows:
| ciation is provided on | tangible fixed |
|---|---|
| Land | Nil |
| Buildings | 2.50% |
| IT equipment | 25.0% |
| Other Fixtures and Fittings 10.0% |
1.8 Investment Assets
Investment assets are included at the Trustees’ valuation.
1.9 Funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general 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 raised by the charity for specific purposes. The cost of raising 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.
1.10 Preparation of accounts on a going concern basis
The Financial statements have been prepared on a going concern basis. The balance sheet is strong with continued support from members the congregation and other donors.
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Tandragee Free Presbyterian Church
Notes to the financial statements (continued)
For the year ended 31 December 2024
| 2 Donations and legacies Donations and gifts Gift Aid on donations and gifts Legacies and bequests 3 Charitable activities Income from conferences & events Income from books, magazines, and DVD's 4 Investment income Interest receivable Rental Income land lettings 5 Cost of charitable activities Salaries and pensions Ministry expenses Facilities expenses Transport expenses Media and advertising Other expenses |
Unrestricted Funds £ 207,531 43,261 250,792 Unrestricted Funds £ 2,922 385 3,307 Unrestricted Funds £ 21,356 12,650 1,850 35,856 |
Restricted Funds £ 97,197 10,657 107,854 Restricted Funds £ - Restricted Funds £ - |
Total 2024 £ 304,728 53,918 - 358,646 Total 2024 £ 2,922 385 3,307 Total 2024 £ 21,356 12,650 1,850 35,856 2024 £ 91,969 50,381 107,653 22,661 2,297 14,034 288,995 |
Total 2023 £ 306,545 53,587 360,132 Total 2023 £ 11,600 1,086 12,686 Total 2023 £ 15,266 13,200 4,100 32,566 2023 £ 72,632 60,592 77,565 25,335 4,195 16,834 257,153 |
|---|---|---|---|---|
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Tandragee Free Presbyterian Church
Notes to the financial statements (continued)
For the year ended 31 December 2024
| 6 Other expenditure Grants and donations Bank charges Independent examiner's remuneration 7 Tangible fixed assets Cost As at 01 January 2024 Additions Disposals As at 31 December 2024 Depreciation As at 01 January 2024 Charge for the year Depreciation on disposals As at 31 December 2024 Net Book Value As at 31 December 2024 As at 31 December 2023 |
Unrestricted Funds £ 1456 372 840 2,668 Land & Buildings £ 2,075,165 74,390 2,149,555 397,624 48,190 445,814 1,703,741 1,677,541 |
Restricted Funds £ 81,022 81,022 Fixtures & Fittings £ 18,600 33,623 52,223 - 3,362 3,362 48,861 18,600 |
2024 £ 82,478 372 840 83,690 IT equipment £ 14,096 - 14,096 3,524 3,524 7,048 7,048 10,572 |
2023 £ 99,443 331 99,774 Total £ 2,107,861 108,013 - 2,215,874 401,148 55,076 - 456,224 1,759,650 1,706,713 |
|---|---|---|---|---|
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Tandragee Free Presbyterian Church
Notes to the financial statements (continued) For the year ended 31 December 2024
| 8 Fixed Asset Investments Cash equivalents on deposit Listed investments Other investments Gains/losses on investments - Unrestricted Valuation at 1 January 2024 Net gains Valuation c/fwd 9 Debtors Prepayments and accrued income Gift Aid claims |
Unrestricted funds £ 620,200 620,200 Listed investments £ - |
Restricted funds £ - Other investments £ 599,670 20,530 620,200 |
Total 2024 £ - - 620,200 620,200 Total 2024 £ 599,670 20,530 620,200 2024 £ 6,440 14,607 21,047 |
Total 2023 £ 599,670 599,670 Total 2023 £ 587,894 11,776 599,670 2023 £ 5,588 13,238 18,826 |
|---|---|---|---|---|
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Tandragee Free Presbyterian Church
Notes to the financial statements (continued) For the year ended 31 December 2024
| 10 Investments Cash equivalents on deposit 11 Reserves Reserves b/fwd Net movement in funds Reserves c/fwd 12 Analysis of net assets between funds Fixed assets Investments Current assets Current liabilities Total funds |
Unrestricted funds £ 612,947 612,947 Unrestricted funds £ 2,941,890 (42,973) 2,898,917 Unrestricted funds £ 1,759,650 620,200 532,146 (13,079) 2,898,917 |
Restricted funds £ - Restricted funds £ 49,028 89,931 138,959 Restricted funds £ - - 138,959 - 138,959 |
Total 2024 £ 612,947 612,947 Total 2024 £ 2,990,918 46,958 3,037,876 Total 2024 £ 1,759,650 620,200 671,105 (13,079) 3,037,876 |
Total 2023 £ 662,443 662,443 Total 2023 £ 2,929,747 61,171 2,990,918 Total 2023 £ 1,706,713 599,670 692,072 (7,537) 2,990,918 |
|---|---|---|---|---|
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