Markethill Free Presbyterian Church
Trustees. Annual Report
Year ended 31 December 2024
The Charity Commission for Northern Ireland Number: 109448
HMRC Charities Reference Number: XR21629

Markethill Free Presbyterian Church
References and administrative details
Charity Name
Markethill Free Presbyterian Church
The Charity Commission for Northern 109448
Ireland Number
HMRC Charities Reference number
XR21629
Trustees
Mr A Hopps
Mr R E Moffett
Mr M Spratt
Mr W R Mcmullan
Rev A Patterson
Contact Address
l Tandragee Road
Markethill
Co Armagh
BT60 ITF
Independent Exarniner
S M Vint & Co.. 8 Newry Rd, Banbridge BT32 3HN
Bankers
Danke Bank. Donegal Square West, Belfast, BTI 6JS
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 a5 well as the other main
Protestant denominatlOn5.
The Free Presbyterian Church of Ulster 15 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. Evan8elistic 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.

Markethill Free Presbyterian Church
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 3ppointed 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 assault5 of modernism, hereby affirms that each mem ber of the Free Presbyterian Church of Ulster
shall have liberty to clecide 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 re£eneration-
The Lord's Supper. The Lord's Supper has been appointed by our Lord for Remembrance of Him in His work
a5 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 obse￿ed 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
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 religiori. Adherence to this
framework leacls to spiritual and moral development and widei society living in accordance with God's moral
law. It encourage5 demonstrable acts in the world such as fervent evangelism, missionary effort. the
establishment of new churches, the instrurtion 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, theirfamilies, and the general public. The purpose does not lead to harm.
The charitvs 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 stLAdent at our Bible Colleges- or where someone from a memberfs family may benefit as a pupil

Markethill Free Presbyterian Church
at a Christian school. These private benefit5 are incidental and necessary to ensure the public benefit is
provided to our beneficiaries.
Activities and Events
Ma rkethill 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, Adult Bible Cl355, Sunday School. Weekly Prayer Meeting,
Youth Fellowship. Children's meetinES. Missions and holiday Bible Club meetings.
Conduct5 Public worship through the followinE special services- Gospel Missions, teaching
conferences. special times of prayer. Youth rallies, baptism services 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 5UPPOrtS the work of Radio and TV broadcasting through Let the Bible speak and the
traininE activities in the Whitefield College of the Bible. Encourages fervent evangelism in the rest
of ihe 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. Matter5 are reported to Church Members at the Annual General Meeting
when the Financial Report is given and the Account5 are presented.
The Church Committee meets regularly to take delegated responsibility on behalf of the members of the
Kirk Se55ion to assist it in managing the Church's finances and assets and in making decisions regard ing the
day to day financial and material affairs of the Church.
Financial Review
The main source of income is from weekly offering5. and voluntarygifts and donations. supplemented by the
Use of Gift Aid and the Gift Aid Small Donations Scheme.
The total amount received during the year amounted to £91.227, from which total payments in the amount
of £76,379 were made, leaving a net surplus of £14.848 for the year compared with a net surplu5 of El,108
in the previous year. Cash funds held at the year end amounled to £31.80612023= £169581.
The Church reseNes 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 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.

M8rkethlll Free Presbyterlan Church
Sihiemenl of Tru5tees' Ilesponslbiiiiles
Tlie Iruslees are responslble lor prepiirlri8 Ilie Truslecis, Icporl and Ilie Ilnanclal slalernefils In accordance
wlili èppllc4ible law and Unltcd KlnB(Jom AccounllnB Slandards {Unlled Klngdom Generally Accepted
Accounlln8 Pracllcel.
The law appllcable to thariiles In Norlhern Iieland requlres the Iruslees to prepare Ilnanclol slalements for
each flnanclal year wl)Icli Blve a Irve and lalr vlew of the slate of allalrs ol ihe charlty and of the Incomln8
resources and appllcatlon ol resources of ihe charlty lor ihai flnanclal year.
The trustees are fesponslble for keepln8 accountlng records Ihal are sulfklent io show and explaln the
Church's transacllons and dlsclose wlth reasonable accuracy al any Ilme the assets and Ilablliiles of the
Churth. They are also responslble for safeBuardln8 the assels of the Church and hence for takln8
reasonable step5 for Ihe preveniSon and detectlon ol fraud and olher Irre8ularbtles.
The irustees, report was appioved by the Board of Trustees.
Trustee
Date:
12

Markethill Free Presbyterian Church
INDEPENDENT EXAMINERS REPORTTO THE TRUSTEES OF MARKETHILL FREE
PRESBYTERIAN CHURCH
I report on the accounts of the charityforthe year ended 31st December 2024 which are set out on
pages 7 to 12.
Respective responsibilities of 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 Charity Commission for
Northern Ireland under section 6519)Ib) of the Charities Act: and
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 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.
My role is to state whether any material matters have come to my attention giving me cause to
believe:
1. 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. Thatthere is furtherinformation needed for a properunderstanding of the accounts to be reached.

Markethill Free Presbyterian Church
Independent examiner's statement
I have compLeted my examination and have no concerns in respect of the matters (1) to (41 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.
+Co
Thomas Vint FCCA
For and behalf of S.M. Vint & Co
Chartered Certified Accountants & Registered Auditors
8 Newry Road
Banbridge
BT323HN
17June 2025

Markethill Free Presbyterian Church
Receipts and Payments Account
For the year ended 31 December 2024
Unrestricted
funds
Restrirted
funds
Total
2024
Note
Receipts
Volunta
Recei
ts
Offerings and Gifts
Bank Interest
Other Receipts
67.864
18.630
86.494
355
4,138
4,493
From Charitable Activities
Other
240
240
Total Receipts
68.459
22,768
91,227
Payments
Cost of Fundraising
Cost of Charitable Activities
Grants and Donations
Governance Costs
56,825
779
1.033
11,572
6,170
68,397
6,949
1,033
Asset and investment purchases
Purchase of Fixed Assets
Total Payments
58.637
17,742
76,379
Net receipts/(payments)
9,822
5,026
14,848
Transfers between funds
Fund surplus/(deficit} for the year
9.822
5,026
14,848
Cash and Bank Reconciliation
Balance at start of year
Surplu5/ldeficitl this year
Cash at bank and in hand at yearend
16,057
9,822
25,879
901
16,958
14.848
31,806
5,026
5.927

Markethill Free Presbyterian Church
Statement of Assets and Liabiltties
as at 31 December 2024
2024
2023
Note
Assets Retained for Church Own Use
Manse
Church
Fixtures and Fittings
555.691
1.802.811
30,000
555,691
1,802,811
30,000
2.388,502
2,388.502
Cash Funds
Current Accounts
Deposit Accounts
Total Cash Funds
31,806
16,958
31,806
16,958
Llabilities
Other Loans
Net Assets
2.420,308
2,405,460
Represented By Funds
Unrestricted fund5
Restricted funds
General
- Income
25,879
16,057
5.927
2,388,502
901
2,388,502
Capital
2,394,429
2,389,403
Funds at Year End
2A20,308
2,405,460
The financial statements were approved by Ihe Trustees on
their behalf by:
and signed on
Trustee
Trustee