CHARTERED ACCOUNTANTS GILFORD FREE PRESBYTERIAN CHURCH ACCOUNTS 31 DECEMBER 2025 BELFAST LISBURN PORTADOWN Alfred House 19 Alfred St Belfast BT2 8EQ T: 028 9031 1113 Century House 40 Crescent Business Park Lisburn BT28 2GN T: 028 9260 7355 17 Mandeville St Portadown Co Armagh BT62 3PB T.. 028 3833 2801 gmcgra.com X tivitter.com/gmcgca in GMCG Chartered Accountants Experienceyou can count on •TIAG **CHARITY REGISTRATION NUMBER NIC 109434** ## **GILFORD FREE PRESBYTERIAN CHURCH** ## **ACCOUNTS** ## **31 DECEMBER 2025** ## **GM[c] G PORTADOWN** Chartered Accountants 17 Mandeville Street Portadown Craigavon Co Armagh BT62 3PB **GILFORD FREE PRESBYTERIAN CHURCH** ## **ACCOUNTS** ## **Year ended 31 December 2025** |**CONTENTS**|**PAGES**| |---|---| |General Information|**1**| |Trustees’ Annual Report|**2 to 5**| |Independent Examiner’s Report|**6 to 7**| |Statement of Receipts and Payments|**8**| |Statement of Assets and Liabilities|**9**| |Notes to the Accounts|**10**| **GILFORD FREE PRESBYTERIAN CHURCH** ## **GENERAL INFORMATION** ## **Year ended 31 December 2025** |**Charity Name**|Gilford Free Presbyterian Church| |---|---| |**Contact Address**|28 Dunbarton Street| ||Gilford| ||Craigavon| ||BT60 1BX| |**Charity Registration Number**|109434| |**HMRC Charity Reference**|XR44383| |**Trustees**|Rev G McCammon| ||Mr J Kemps| ||Mr P Wallace| ||Mr SGB Black| |**Independent Examiner**|GMcG PORTADOWN| ||Chartered Accountants| ||17 Mandeville Street| ||Portadown| ||Craigavon| ||Co Armagh| ||BT62 3PB| |**Bankers**|Danske Bank| ||Donegal Square West| ||Belfast| ||BT1 6JS| **- 1 -** **GILFORD FREE PRESBYTERIAN CHURCH** ## **TRUSTEES’ ANNUAL REPORT** ## **Year ended 31 December 2025** ## **Trustees’ Annual Report for the year ended 31 December 2025** The trustees present the Annual Report and Statement of Receipts and Payments and Assets and Liabilities for Gilford Free Presbyterian Church for the year ended 31 December 2025. As this is the first year the Charity has been required to prepare accounts for submission to the Charities Commission, there are no comparatives in the accounts. ## **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; **- 2 -** **GILFORD FREE PRESBYTERIAN CHURCH** **TRUSTEES’ ANNUAL REPORT** _**(continued)**_ ## **Year ended 31 December 2025** ## **Articles of Faith (continued)** - 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. ## **Public Benefit** The trustees have paid due regard to guidance issued by the Charity Commission for Northern Ireland in deciding what activities the charity should undertake. 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 Colleges; 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. **- 3 -** **GILFORD FREE PRESBYTERIAN CHURCH** **TRUSTEES’ ANNUAL REPORT** _**(continued)**_ ## **Year ended 31 December 2025** ## **Activities and Events** Gilford Free Presbyterian Church carries out the following activities - The church conducts public worship through the following regular services – Lord’s Day morning and evening worship, prayer meetings, Sunday School, Weekly Prayer Meeting, Youth Fellowship and Children’s Meetings. - Conducts Public worship through the following special services – Gospel Missions, special times of prayer, summer outdoor meetings and other special meetings. - The Elders attend the monthly Presbytery meetings. - Representatives attend the monthly Missionary Council meetings. - The Kirk Session interview and accept new communicant members. - The Kirk Session provide pastoral support for the members and attendees. - The Kirk Session meet regularly to provide spiritual oversight. - The Church Committee meets regularly to oversee the financial and practical matters. - The Church supports the work of Radio and TV broadcasting through Let the Bible Speak and the training activities in the Whitefield College of the Bible. Encourages fervent evangelism in the rest of the UK through the work of the Mainland Commission and the growing missionary work through the Mission Board and The Free Presbyterian Mission Society Africa. Supports the work of Christian Education through the work of the Education Board. ## **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 trustees who served during the year and up to the date of signing the financial statements were: Rev G McCammon Mr J Kemps Mr P Wallace Mr SGB Black 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. **- 4 -** GILFORD FREE PRESBYTERIAN CHURCH TRUSTEES, ANNUAL REPORT (continued) Year ended 31 December 2025 Financial Review (continued) The total amount re￿iVed during the year amounted to £67,483, from which tolal payments in the amount of £59,778 were made, leaving a net surplus of £7,705 for the year. Cash funds held al the year end amounted to £56,47612024: £48,771). Accumulaled funds totalling £1,166,396 consist of £56,476 unrestricted funds and £1,109,920 restricted funds. 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 for the year ahead and are satisfied that there are adequate funds in place to ensure Ihat the Church can continue its activities and the financial statements for the year ended 31 December 2025 can be signed off as a going concern. Statement of Trustees, Responsibilities The trustees are responsible for preparing the Trustees. Annual Report and the financial statements in accordance wilh 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 slatements 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 Irustees 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 truslees, annual report was approved by the Board of Trustees. Mr SGB Trustee lack J Kemps rustee Date: 2 CHARTERED ALLOUNTANT¥ GILFORD FREE PRESBYTERIAN CHURCH INDEPENDENT EXAMINER'S REPORT Year ended 31 December 2025 Independent examiner's report to the charity Trustees of Gilford Free Presbyterian Church I report Dn the accounts of Gilford Free Presbyterian Church for the year ended 31 De￿mber 2025, which are set out on pages 8 to 10. 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 Charities Act follow the procedures laid down in the general Directions given by the Commission under section 65(91{b) of the Charities Act stale whether particular matters have come to my attention. Basis of independent examine￿$ report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65{9}Ib) 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. 17Mandeville Street Portadown Craigavon BT62 3PB Alfred House 19Al*rEd 8ITeet CtntutJ' House 40 CresLYllt Business Park. LisbiirD B'128 2GN BT2 8EQ Tel- +44 (0)28 3833 2801 I'el.. +4410128 9031 LI13 Tel: +4410128 9200 7155 Registern4￿cond￿rt&udLtWor￿bYth￿l￿tht￿t￿uÉckn￿rtertdAlYOun1&ntSiDj￿I7￿d A￿e￿l￿rof￿1AG .AWorhl￿￿￿1￿￿￿t1￿￿￿thtA(￿￿ntiThgEun GILFORD FREE PRESBYTERIAN CHURCH INDEPENDENT EXAMINER'S REPORT (continued) Year ended 31 December 2025 Basis of independent examiner's report (continued) My role is to state whether any material matters have come to my attention giving me cause lo believe.. That accounting records were not kept in accordan￿ with section 63 of the Charities Act That the accounts do not accord with those accounting records That the accounts do not comply with the accounting requirements of the Charities Act That there is further information needed for a proper understanding of the accounts to be reached. Independent examiner's statement I have compleled my examination and have no concerns in respect of the matters 1 to 4 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. GILLIAN JOHNSTON ACA GMGG PORTADOWN Chartered Accountants 17 Mandeville Street Portadown Craigavon Co Armagh BT62 3PB Date. 31 aoa6 **GILFORD FREE PRESBYTERIAN CHURCH** ## **RECEIPTS AND PAYMENTS ACCOUNT** ## **Year ended 31 December 2025** |**Unrestricted Restricted**
**funds**
**funds**
**£**
**£**
**Receipts**
Offerings and gifts
65,303
1,901
Other charitable activities
146
-
Bank interest
133
-
**Total receipts**
65,582
1,901
**Payments**
Cost of charitable activities
51,943
-
Grants and donations
2,837
2,321
Governance costs
2,677
-
**Total payments**
(57,457)
(2,321)

**Net receipts/(payments)**
8,125
(420)
**Transfers between funds**
-
-
**Surplus/(deficit) for the year**
8,125
(420)
**Cash and bank reconciliation**
Balance at start of the year
48,351
420
Surplus/(deficit) for the year
8,125
(420)
**Cash at bank and in hand at year end**
56,476
-|**Total**
**2025**
**£**
67,204
146
133
67,483
51,943
5,158
2,677
(59,778)

7,705
-
7,705
48,771
7,705
56,476|Total
2024
£
60,276
129
75
60,480
53,730
5,115
1,050
(59,895)
585
-
585
48,186
585
48,771| |---|---|---| **- 8 -** GILFORD FREE PRESBYfERIAN CHURCH STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2025 2025 2024 Assets retained for Church own use Church and church hall Fixtures and fittings Motor vehicle 1,068,400 38,020 1,068,400 38,020 1,109.920 1 109 920 Cash funds Current accounts Total cash funds Net assets Represented by funds Unrestricted funds- General Restricted funds Mission Capital 56,476 48,351 420 1109 920 1 109 920 Funds at year end Approved by the Trustees on and signed on their by: MrSG Trustee Blac Trustee **GILFORD FREE PRESBYTERIAN CHURCH** **NOTES TO THE ACCOUNTS** ## **Year ended 31 December 2025** ## **1. ACCOUNTING POLICIES** The principal accounting policies adopted in the compilation of the Receipts and Payments Account and the Statement of Assets and Liabilities are as follows: ## **Receipts and Payments** All items of income and expenditure included in the Receipts and Payments Account have been accounted for on a cash basis. ## **Assets and Liabilities** Buildings have been recorded at their insurance value as no reliable information is available for their cost. Motor vehicles and fixtures and fittings held at 31 December 2024 (date of first recognition) are recorded at an estimated value. Any assets purchased after that date will be recorded at cost, or for donated assets, at a reasonable estimated value on receipt. Cash and deposit balances are stated at their monetary amount. Liabilities are included where there is a constructive or legal obligation falling upon the Church that requires future economic outflow. However, no account is taken of amounts due in respect of the recurring expenses of the Church as these are recognised in the Receipts and Payments Account when paid. ## **2. FUNDS** ## **Unrestricted fund** General – this fund is used at the discretion of the trustees in fulfilling the objectives of the Church. ## **Restricted funds** Mission – this fund represents donations and offerings received for missionaries and other organisations supported by the Church. Capital – this fund represents fixed assets held. **- 10 -**