CHARITY REGISTRATION NUMBER: NIC 108331
THE CHURCH OF GOD AT GLENMACHAN
ANNUAL REPORT AND FINANCIAL STATEMENTS
30 SEPTEMBER 2023
FEB CHARTERED ACCOUNTANTS
Chartered accountants& statutory auditor
Linenhall Exchange
1 st Floor,
26 Linenhall Street
Belfast
Northern Ireland
BT2 8BG

THE CHURCH OF GOD AT GLENMACHAN
ANNUAL REPORT AND FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2023
Page
Trustees, annual report
Independent auditor's report to the members
Statement of financial activities
Statement of financial position
10
statement of cash flows
11
Notes to the annual report and financial statements
The following pages do not form part of the annual report and financial
statements
12
Detailed statement of financial activities
18

THE CHURCH OF GOD AT GLENMACHAN
TRUSTEES, ANNUAL REPORT
YEAR ENDED 30 SEPTEMBER 2023
The trustees present their report and the Annual report and financial statements of the charity for the
year ended 30 September 2023.
Reference and administratlve details
Registered charity name
The Church of God at Glenmachan
Charity registratlon number
NIC 108331
Principal office
13 Glenmachan Road
Belfast
BT4 2NN
Northern Ireland
The trustees
Dr A Stephens
Mr P Comfort
Mr S ReynoSds
Mr R Simpson
Mr A Patton
Auditor
FEB Chartered Accountants
Chartered accountants & statutory auditor
Linenhall Exchange
1 st Floor,
26 Linenhall Street
Belfast
Northem Ireland
BT2 8BG
structure, governance and management
The Church of God at Glenmachan is constituted as trustees incorporated as a body and was
established by a charitable trust deed.
The Board of Trustees are responsible for the strategic management of the charity. The Board of
Trustees and names of principal Advisers are set out above.
The Board appoints all new trustees based on selection criteria, which ensures that collectively it
maintains a broad range of relevant skills and experience. An induction programme is offered to all
new trustees to ensure that they are briefed on the charity's objects, strategy and activities.
The trustees have the overall responsibility for the system of internal control for the charity, which
includes ensuring that there are reasonable procedures in place for the prevention and detection of
fraud and other irregularities. However, such a system can provide only reasonable, but not absolute,
assurance against errors and fraud.

THE CHURCH OF GOD AT GLENMACHAN
TRUSTEES. ANNUAL REPORT (continued)
YEAR ENDED 30 SEPTEMBER 2023
Objectives and activities
The Church of God at Glenmachan supports the advancement of the Christian religion and through
the work of the Churches and by the application of its resources. provides..
Churches and public worship in the Christian tradition
Public religious ceremonies
Pastoral care, evangelism and ministry
Facilities and services which help to support and benefit the social ne￿OrkS of the community
Religious education, and ackn've involvement in the provision of general education with a Christian
ethos
Support for a better society through active promotion of community harmony and responsible
itizenship
other activities which are carried out as a practical expression of religious beliets, which may also be
charitable and which include..
(Al Support for the poor, the ill and the suffering.
(B) Support for the disadvantaged and for the alienated members of society.
(C) Support for the development and relief of poverty and disease in disadvantaged areas of
the world.
Promotion and maintenance of the arts through music and other media contributing to the
experience of worship. The Church of God at Glenmachan seeks to minister to all. The mission of the
Church and its support networks and activities reach out to all in a spirit of growth, unity and service.
Achlevements and perforniance
The Church of God at Glenmachan operates as a church and also operates a Nursing Home at
Glenmachan.
From humble beginnings, Belfasvs Church of God at Glenmachan has seen its congregation expand
steadily over the years. The church undertook a major step in constructing its own sanctuary, after
outgrowing its previous building on the site at Glenmachan Tower House. The Church of God at
Glenmachan boasts high ceilings, ample natural light, and a powerful Meyer Sound M'elodie line array
loudspeaker system to provide optimum sound quality for both praise and worship and the pastorfs
words of lessons from the Gospel. The new 800-seat sanctuary has been recognized with Northern
Ireland's Construction Ex￿llenCe Award for Best Construction, Sociavcommunity.
But the church is notjust about the great facilities and the beautiful grounds. These are the things we
have been blessed with as we seek to serve God as a fellowship and promote the Gospel message
throughout our local neighbourhoods as part of the greater Church of God movement in Northern
Ireland.
Public Benefit statemenUDeclaration
We also advance religion by other charitable activities to further the purposes of the Churches of God:
(A) Assist the work of individual Christians and Christian Organisations, insofar as that work, whether
in Northern Ireland or abroad, accords with the Church's aims. The public benefit of providing support
and resources to such charitable organisations is expected to be in accordance with their aims and
purposes, which include religious activity, relief of poverty, training and equipping, work with youth and
the elderly, homeless and others in need. primarily but not exclusively in Northern Ireland.
(B) Carry out acts of social concern to benefit persons in Northem Ireland facing hardship on the basi5
of their need. The public benefit of these acts is expected to be in the area of poverty relief, caring,
youth and the elderly people's activities aimed at promots'ng their health, wellbeing, spiritual life and
education and is addressed by church activities, volunteer activities of individual members and also by
donations to appropriate charitable organisations and activities as agreed each year by the members
of the Church.

THE CHURCH OF GOD AT GLENMACHAN
TRUSTEES. ANNUAL REPORT (continued)
YEAR ENDED 30 SEPTEMBER 2023
Public Benefit StatemenUDeclaration (contlnuedj
(C) Develop relationships with other Churches in Northem Ireland as well as nationally and overseas,
which are mutually beneficial in advancing our aims. The public benefit of such association is
expected to be in community events and undertaken in conjunction with other Churches in Northern
Ireland to enable us to coordinate our work with other Churches in Northem Ireland. The benefit is
demonstrated through the ongoing numbers attending our Children's and Youth organisations, along
with our general programme of activities and seNices provided for both young and old. It is also
demonstrated through the amount of practical provisions made available for those in need and through
ongoing relationships with other agencies identifying those needs. We do not see any harm being
caused by our charity. We are not invasive, and we will only help those who will allow us to help them.
Followers or adherents of the church doctrine, potential followers and the wider public. There is no
private benefit from our outreach, any money collected. or items donated are used for the running of
the organisation or passed on to those in need. If there is any private benefit it is incidental.
Financial revlew
Results for the year ended 30 September 2023 are given in the Statement of Financial Activities on
page 9. The assets and liabilities as at 30 September 2023 are given on statement of Financial
Position on page 10. The financial statements should be read in conjunction with their related notes,
which appear on pages 12 to 16.
The Board of Trustees consider that the unrestricted funds of the charity have sufficient resources and
assets available which are adequate to fulfil their obligations.
Reserves Policy
It is the policy of the church that unrestricted funds which have not been designated for a specific use
should be maintained at a level equivalent to between three and six months expenditure. The
trustees consider that reserves at this level will ensure that, in the event of a significant drop in
funding, they will be able to continue the church's current activities while consideration is given to
ways in which additional funds may be raised.
The trustees have assessed the major risks to which the church is exposed, and are working to
mitigate exposure to the major risks.
Trustees. responsibilities statement
The trustees are responsible for preparing the trustees, report and the Annual report and financial
statements in accordance with applicable law and United Kingdom Accounting Standards (United
Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in Northem Ireland requires the charity trustees to prepare Annual
report and financial statements for each 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 period.

THE CHURCH OF GOD AT GLENMACHAN
TRUSTEES. ANNUAL REPORT{
continued)
YEAR ENDED 30 SEPTEMBER 2023
Trustees. responsibilities statement (contlnued)
In preparing these Annual report and financial statements, the trustees are required to..
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the applicable Charities SORP:
make judgments and accounting estimates that are reasonable and prudent;
prepare the Annual report and financial statements on the going concern basis unless it is
inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and
explain the charity's transactions and disclose with reasonable accuracy at any time the financial
position of the charity and enable them to ensure that the Annual report and financial statements
comply with the Charities Act {Northem Ireland) 2008. They are also responsible for safeguarding the
assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud
and other irregularities.
Auditor
Each of the persons who is a trustee at the date of approval of this report confinns that:
so far as they are aware, there is no relevant audit infomiation of which the charity's auditor is
unaware., and
they have taken all steps that they ought to have taken as a trustee to make themselves aware of
any relevant audit information and to establish that the charity's auditor is aware of that infonnation.
The trustees, annual report was approved on 31 October 2024 and signed on behalf of the board of
trustees by:
Dr A Stephens
Trustee

THE CHURCH OF GOD AT GLENMACHAN
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE CHURCH OF
GOD AT GLENMACHAN
YEAR ENDED 30 SEPTEMBER 2023
Opinion
We have audited the Annual report and financial statements of The Church of God at Glenmachan
(the 'charity') for the year ended 30 September 2023 which comprise the statement of fin8ncial
activities, statement of financial position, statement of cash flows and the related notes, including a
summary of significant accounting policies. The financial reporting framework that has been applied in
their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The
Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally
Accepted Accounting Practice).
In our opinion the Annual report and financial statements:
give a true and fair view of the state of the charity's affairs as at 30 September 2023 and of its
incoming resources and application of resources, including its income and expenditure, for the
year then ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice.
have been prepared in accordance with the requirements of the Charities Act (Northern Ireland)
2008.
Basis for oplnion
We conducted our audit in accordance with Intemational Standards on Auditing (UK) (ISAS (UK)) and
applicable law. Our responsibilities under those standards are further described in the auditor's
responsibilities for the audit of the annual report and financial statements section of our report. We are
independent of the charity in accordance with the ethical requirements that are relevant to our audit of
the Annual report and financial statements in the UK, including the FRC'S Ethical Standard, and we
have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that
the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Concluslons relating to going concern
In auditing the Annual report and financial statements, we have concluded that the trustees, use of the
going concern basis of accounting in the preparation of the Annual report and financial statements is
appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to
events or conditions that, individually or collectively. may cast significant doubt on the charity's ability
to continue as a going concern for a period of at least twelve months from when the Annual report and
financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going con￿rn are described
in the relevant sections of this report.

THE CHURCH OF GOD AT GLENMACHAN
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE CHURCH OF
GOD AT GLENMACHAN {¢ontlnued)
YEAR ENDED 30 SEPTEMBER 2023
other infomiation
The other information comprises the information included in the annual report, other than the Annual
report and financial statements and our auditorfs report thereon. The trustees are responsible for the
other information. Our opinion on the Annual report and financial statements does not cover the other
information and, except to the extent otherwise explicitly ststed in our report, we do not express any
fomi of assurance conclusion thereon.
In connection with our audit of the Annual report and financial statements, our responsibility is to read
the other information and, in doing so, consider whether the other information is materially inconsistent
with the Annual report and financial statements or our knowledge obtained in the audit or otheNise
appears to be materially misstated. If we identify such material inconsistencies or apparent material
misstatements, we are required to determine whether there is a material misstatement in the Annual
report and financial statements or a material misstatement of the other information. If, based on the
work we have performed, we conclude that there is a material misstatement of this other information,
we are required to report that fact.
We have nothing to report in this regard.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charity and its environment obtained in the
course of the audit, we have not identified material misstatements in the trustees, report.
We have nothing to report in respect of the following matters in relation to which the Charities Act
{Northern Ireland) 2008 requires us to report to you if, in our opinion:
the information given in the trustees, report is inconsistent in any material respect with the Annual
report and financial statements., or
adequate accounting records have not been kept" or
the Annual report and financial statements are not in agreement with the accounting records and
returns., or
we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the trustees, responsibilities statement, the trustees are responsible for the
preparation of the Annual report and financial statements and for being satisfied that they give a true
and fair view, and for such internal control as the trustees determine is necessary to enable the
preparation of Annual report and financial statements that are free from material misstatement,
whether due to fraud or error.
In preparing the Annual report and financial statements. the trustees are responsible for assessing the
charity's ability to continue as a going concem. disclosing, as applicable, matters related to going
concern and using the going concern basis of accounting unless the trustees either intend to liquidate
the charity or to cease operations, or have no realistic alternative but to do so.

THE CHURCH OF GOD AT GLENMACHAN
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE CHURCH OF
GOD AT GLENMACHAN (
continuedl
YEAR ENDED 30 SEPTEMBER 2023
Auditor's responslbllities for the audit of the annual report and financial statements
Our objectives are to obtain reasonable assurance about whether the Annual report and financial
statements as a whole are free from material misstatement. whether due to fraud or error, and to issue
an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is
not a guarantee that an audit conducted in accordance with ISAS {UK) will always detect a material
misstatement when it exists. Misstatements can arise from fraud or error and are considered material
if, individually or in the aggregate, they could reasonably be expected to influence the economic
decisions of users taken on the basis of these Annual report and financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in respect
of irregularities, including fraud. The extent to which our procedures are capable of detecting
irregularities, including fraud is detailed below:
We obtained an understanding of the legal and regulatory framework applicable to the Company
through enquiry of management, industry research and the application of cumulative audit knowledge.
We identified the following principal laws and regulations relevant to the Company Companies Act
2006 and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
We developed an understanding of the key fraud risks to the entity (including how fraud might occur),
the controls in place to help mitigate those risks, and the accounts, balances and disclosures within
the financial statements which may be susceptible to management bias. Our understanding was
obtained through review of the financial statements for significant accounting estimates, analysis of
journal entries, walkthrough of the key control cycles in pla￿ and enquiry of management.
As part of an audit in accordance with ISAS {UK). we exercise professional judgment and maintain
professional scepticism throughout the audit. We also=
Identify and assess the risks of material misstatement of the Annual report and financial
statements, whether due to fraud or error, design and perform audit procedures responsive to
those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our
opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for
one resulting from error, as fraud may involve collusion, forgery, intentional omissions,
misrepresentations, or the override of intemal control.
Obtain an understanding of internal control relevant to the audit in order to design audit
procedures that are appropriate in the circumstances, but not for the purpose of expressing an
opinion on the effectiveness of the internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting
estimates and related disclosures made by the trustees.
Conclude on the appropriateness of the trustees, use of the going concern basis of accounting
and, based on the audit evidence obtained, whether a material uncertainty exists related to
events or conditions that may cast significant doubt on the charity's ability to continue as a going
concern. If we conclude that a material uncertainty exists, we are required to draw attention in
our auditorfs report to the related disclosures in the Annual report and financial statements or, if
such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit
evidence obtained up to the date of our auditor's report. However, future events or conditions
may cause the charity to cease to continue as a going concern.

THE CHURCH OF GOD AT GLENMACHAN
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE CHURCH OF
GOD AT GLENMACHAN (continued)
YEAR ENDED 30 SEPTEMBER 2023
Evaluate the overall presentation, structure and content of the Annual report and financial
statements, including the disclosures, and whether the Annual report and financial statements
represent the underlying transactions and events in a manner that achieves fair presentation.
We communicate with those charged with governance regarding, among other matters, the planned
scope and timing of the audit and significant audit findings, including any significant deficiencies in
internal control that we identify during our audit.
Use of our report
This report is made solely to the charity's members, as a body, in accordance with section 65 of the
Charities Act (Northern Ireland) 2008. Our audit work has been undertaken so that we might state to
the charity's members those matters we are required to state to them in an auditorfs report and for no
other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to
anyone other than the charity and the charity's members as a body, for our audit work, for this report,
or for the opinions we have formed.
Michael Flannigan (Senior Statutory Auditor)
For and on behalf of
FEB Chartered Accountants
Chartered accountants & statutory auditor
Linenhall Exchange
1 st Floor,
26 Linenhall Street
Belfast
Northern Ireland
BT2 8BG
31 October 2024

THE CHURCH OF GOD AT GLENMACHAN
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 30 SEPTEMBER 2023
2023
Total funds
Note
Income and endowments
Donations and legacies
Other activities - Nursing Home
Total income
289,527
1,436,944
1,726,471
Expenditure
Expenditure on raising funds..
Costs of raising donations and legacies
Costs of other activities- Nursing Home
Total expenditure
273,563
1,373,187
1,646,750
Net income and net movement in funds
79,721
Reconciliation of funds
Total funds brought forward
Total funds carried forward
6,129,186
6,208,907
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
Tho notos on pages 12 to 16 fom) part of these Annual report and financial statements.

THE CHURCH OF GOD AT GLENMACHAN
STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2023
2023
Note
Fixed assets
Tangible fixed assets
8,114,255
Current assets
Debtors
Cash at bank and in hand
11
61,578
13,107
74,685
Creditors: amounts falling due within one year
Net Current liabilities
13
350,426
275,741
Total assets less current liabilities
7,838,514
Creditors: amounts falling due after more than one year
Net liabilities
14
1,629,607
6,208,907
Funds of the charity
Restricted funds
Unrestricted funds
6,240,650
(31 ,743)
6,208,907
Total charity funds
These Annual report and financial statements were approved by the board of trustees and authorised
for issue on 31 October 2024, and are signed on behalf of the board by:
Dr A Stephens
Trustee
The notes on pages 12 to 16 forni part of these Annual report and financial ststements.
10

THE CHURCH OF GOD AT GLENMACHAN
STATEMENT OF CASH FLOWS
YEAR ENDED 30 SEPTEMBER 2023
2023
Note
Cash flows from operating activities
Net income
79,721
Changes in..
Trade and other debtors
Trade and other Greditors
Balances transferred in at start of year
Cash generated from operations
Net cash from operating activities
(30,565)
16,047
47,112
112,315
112,315
Cash flows from financing activities
Repayment of borrowings
Net cash used in financing activities
(150,220)
(150,220)
Net decrease in cash and cash equivalents
Cash and cash equivalents at beginnlng of year
Cash and cash equivalents at end of year
(37,905)
12
(37,905)
The notes on pages 12 to 16 fom) part of these Annual report and financial statements.
11

THE CHURCH OF GOD AT GLENMACHAN
NOTES TO THE ANNUAL REPORT AND FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2023
General information
The charity is a public benefit entity and a registered charity in Northern Ireland and is
unincorporated. The address of the principal office is 13 Glenmachan Road, Belfast, BT4 2NN,
Northern Ireland.
statement of compliance
These Annual report and financial statements have been prepared in compliance with FRS 102,
'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the
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) (Charities SORP (FRS 102)) and the Charities Act (Northern Ireland) 2008.
Accounting pollcles
Basis of preparation
The Annual report and financial statements have been prepared on the historical cost basis, as
modified by the revaluation of certain financial assets and liabilities and investment properties
measured at fair value through income or expenditure.
The Annual report and financial statements are prepared in sterling, which is the functional
currency of the entity.
Going concern
At the time of approval of the accounts, the trustees have a reasonable expectation that the
charity has adequate resources to continue in operational existence for the foreseeable future.
Thus, the trustees continue to adopt the going concern basis of accounting in preparing the
accounts.
Judgements and key sources of estimatlon uncertainty
The preparation of the financial statements requires management to make judgements,
estimates and assumptions that affect the amounts reported. These estimates and judgements
are continually reviewed and are based on experience and other factors, including expectations
of future events that are believed to be reasonable under the circumstances.
Fund a¢countlng
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds eannarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or
through the terms of an appeal and fall into one of sub-classes.. restricted income funds or
endowment funds.
12

THE CHURCH OF GOD AT GLENMACHAN
NOTES TO THE ANNUAL REPORT AND FINANCIAL STATEMENTS (continued)
YEAR ENDED 30 SEPTEMBER 2023
Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity., it is probable that the economic benefits associated with the transaction
will flow to the charity and the amount can be reliably measured. The following specific policies
are applied to particular categories of income-
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and services are recognised in the
accounts when received if the value can be reliably measured. No amounts are included for
the contributs-on of general volunteers.
income from contracts for the suppty of services is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular putpose and returned if unspent, in which case
it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activities to which it relates..
expenditure on raising funds includes the costs of all fundraising activities, events,
non-charitable trading activities. and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governance of the charity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
belween the activities they contribute to on a reasonable. justifiable and consistent basis.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The
aggregate benefit of lease incentives is recognised as a reduction to expense over the lease
term, on a straight-line basis.
13

THE CHURCH OF GOD AT GLENMACHAN
NOTES TO THE ANNUAL REPORT AND FINANCIAL STATEMENTS (contlnued)
YEAR ENDED 30 SEPTEMBER 2023
Accountlng policies (conllnued)
Flnancial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs, unless the arrangement constitutes a fjnancing transaction, where
it is recognised at the present value of the future payments discounted at a market rate of
interest for a similar debt instrument.
Current assets and current liabilities are subsequently measured at the cash or other
consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Defined contributlon plans
Contributions to defined contribution plans are recognised as an expense in the period in which
the related service is provided. Prepaid contributions are recognised as an asset to the extent
that the prepayment will lead to a reduction in frjture payments or a Gash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the
reporting date in which the employees render the related service, the liability is measured on a
discounted present value basis. The unwinding of the discount is recognised as an expense in
the period in which it arises.
Donatlons and legacies
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Donations
Offerings & Gifts
Concerts & Hire of Church
Gifts & special collections
228,558
22,344
28,625
279,527
228,558
22,344
38,625
10,000
10,000
289,527
other trading activities
Restricted Total Funds
Funds
2023
Nursing and residential fees
1,436,944
1,436,944
14

THE CHURCH OF GOD AT GLENMACHAN
NOTES TO THE ANNUAL REPORT AND FINANCIAL STATEMENTS (Continued)
YEAR ENDED 30 SEPTEMBER 2023
Costs of raising donations and legacies
Unrestricted Total Funds
Funds
2023
Costs of raising donations and
legacies
273,563
273,563
Costs of other trading activltles
Restricted Total Funds
Funds
2023
Costs of other trading activities -
Nursing & residential home expenses
1,373,187
1,373,187
Taxation
As a charity any profits from trading activities and investment income are used for charitable
purposes and thus no liability to corporation tax arises.
staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows..
2023
Wages and salaries
Employer contributions to pension plans
980,304
60,539
1,040,843
The average head count of employees during the year was 50.
No employee received employee benefits of more than £60,000 during the year.
10. Trustee remuneratlon and expenses
During the year total remuneration paid to the Pastors totalled £39,066 for employment by the
church as Pastors.
15

THE CHURCH OF GOD AT GLENMACHAN
NOTES TO THE ANNUAL REPORT AND FINANCIAL STATEMENTS (continued)
YEAR ENDED 30 SEPTEMBER 2023
11. Debtors
2023
Other debtors
61,578
12. Cash and cash equivalents
Cash and cash equivalents comprise the following..
2023
Cash at bank and in hand
Bank overdrafts
13,107
{51,012)
(37,905)
13. Creditors: amounts falling due within one year
2023
Bank loans and overdrafts
Other creditors
235,842
114,584
350,426
14. Creditors: amounts falling due after more than one year
2023
Bank loans and overdrafts
1,629,607
15. Pensions and other post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined
contribution plans was £60,539.
16. Analysis of changes in net debt
At
At
1 Oct 2022 Cash flows 30 Sep 2023
Cash at bank and in hand
Bank overdrafts
Debt due within one year
Debt due after one year
13,107
13,107
(51,012)
(51,012)
(184,830) (184,830)
(1,629,607) (1,629,607)
{1,852,342) (1,852,342>
16

THE CHURCH OF GOD AT GLENMACHAN
MANAGEMENT INFORMATION
YEAR ENDED 30 SEPTEMBER 2023
The following pages do not form part of the annual report and flnancial statements.
17

THE CHURCH OF GOD AT GLENMACHAN
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 30 SEPTEMBER 2023
2023
Income and endowments
Donations and legacies
Offerings & Gifts
Concerts & Hire of Church
Gifts & special collections
228,558
22,344
38,625
289,527
Other trading activities
Nursing and residential fees
1,436,944
Total income
1,726,471
18

THE CHURCH OF GOD AT GLENMACHAN
DETAILED STATEMENT OF FINANCIAL ACTIVITIES (¢ontinued)
YEAR ENDED 30 SEPTEMBER 2023
2023
Expenditure
Costs of raising donations and legaeles
Wages and salaries
Pension costs
Local office
Advertising, stationery & literature
Telephones
Legal & professional fees
Accountancy
Property, maintenance, cleaning & caretaker
Light & heat
Insurance
Music ministrylconcerts
Ministry & visiting preachers expenses
Home & foreign missions
Motor vehicle expenses
Social functions
Bank interest & charges
Bank loan interest
Miscellaneous
93,092
1,340
2,400
1,551
5,754
1,960
(87)
6,863
51,058
10,747
9,887
2,630
100
1,467
1,535
2,110
75,523
5,633
273,563
Costs of other trading activities
Agency staff
Catering & cleaning contract
Consumables & medical care
Wages
Pension costs
Light & heat
Repairs & maintenance
Insurance
C5eaning & laundry
Motor vehicle expenses
Vehicle leasinglhire
Legal and professional fees
Telephone
Advertising, stationery & postage
Staff training & uniforms
Social activities & gifts
Accountancy
Bank fees
Miscellaneous
145,852
62,757
34,028
887,212
59,199
89,072
35,937
21,673
10,951
3,158
760
7,062
500
1,703
8,838
1,622
2,160
142
561
1,373,187
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THE CHURCH OF GOD AT GLENMACHAN
DETAILED STATEMENT OF FINANCIAL ACTIVITIES fcontlnued)
YEAR ENDED 30 SEPTEMBER 2023
2023
Total expenditura
1,646,750
Net Income
79,721
20