Docusign Envelope ID.. 6AOC03C64AC84EE&845E-1B58B59DE3C9 Charlty reglstratlon number SC001016 (Scotlandl DEESIDE CHRISTIAN FELLOWSHIP CHURCH ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
Docusign Envelope ID.. 6AOC03C64AC84EE&845E-1B58B59DE3C9 DEESIDE CHRISTIAN FELLOWSHIP CHURCH LEGAL AND ADMINISTRATIVE INFORMATION Tru$tsas Charty number (Scotlandl SC001016 Prlnclpal address Binghill Drive Milltimber Aberdeenshire Unrted Kingdom AB13 OJE Auditor AzetsAudit Services 37 Abyn Place Aberdeen Unf(ed Kingdom AB10 1JB Bankers Virgin Money plc 1 Queens Cross Aberdeen Unrted Kingdom AB15 4XU
Docusign Envelope ID.. 6AOC03C64AC84EE&845E-1B58B59DE3C9 DEESIDE CHRISTIAN FELLOWSHIP CHURCH CONTENTS Page Trustees report statement of Trustees responsibilities Independent auditorfs report Stslemenl of financial activities 10- 11 Balance sheet 12 Stslemenl of cash flows Notes lo the financial ststemenls 14-27
Docusign Envelope ID.. 6AOC03C64AC84EE&845E-1B58B59DE3C9 DEESIDE CHRISTIAN FELLOWSHIP CHURCH TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustees present their annual report and financial slalements for the year ended 31 December 2024. The financial slalemènts have been prepared In accordance with the accounting policies set out in note 1 to the financial stslemenls and comply wth the Charty's governing document, the Charities and Trustee Investment (Scollandl Act 2005, the Charities Accounts (Scollandl Regulations 2006 las amended) and 'Accounling and Reporting by Charities.. Slalement of Recommended Practi applicable lo charities preparing their aount$ in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 las amended for accounting periods commencing from 1 January 20191. ObJectlv&s and actlvllles The principal objective of Deeside Christian Fellowship Church I'the Church l is "Knowing Christ and making Him Known" The Trustees have paid due regard to guidance issued by the OSCR in deciding what activities the charity should undertake. Achievements and performance The following achievements and perfomiance covers the period from 1 January 2024 to 31 December 2024. The objective and aims are achieved in various ways.. li Regular weekly Sunday Church services in Milltimber. Tillydrone and Torry were held throughout 2024. The Hope Church, Torry. building was gifted by the trustees of the Victoria Hall in 2024. Numerous young people's and children's activities including Junior Church, the Celebration Group for children and adults with learning challenges, children's clubs, Holiday Bible Club, Soccer School, and the provision of crèche facilities during Sunday services as well as boys and girls Bible Study groups. The Church is divided into Home Groups for adults which meet regularly for Bible study, prayer, practical care and support. The rider activities of the Church include women's and men's ministry, and various evargelistic inilialives. The aim is lo encourage members lo take an active role in society through their everyday lives, and by serving in some practical way in the Church or local community. A large number of members are involved in The Lighthouse Project based in Tillydrone. During 2024 the Donside Community Church in Tillydrone continued to grow alongside The Lighthouse Project and by the 31 March 2024 all staff and volunteers were using the building lo run their various groups and Church services. The now refurbished multi-purpose facility is ideal for Church services as well as smaller community focused ones. In addition to the weekly Church services the foodbank is operated by The Lighthouse Project. As noted above the Hope Church building, Torry was legally concluded in 2024 and weekly services are held on a Sunday aftemoon together with a Junior Church. During the week Mainly Music, a fun music group fr)r pre- school children is held. The objective is achieved through the support of a number of Christian charitable organisalions, including Transforming Lives for Good, Street Pastors, Peaced Together and Youth for Christ. The Church supports a large number of organisations such as Tearfund. Operation Mobilisation, IJM. Children for Christ in Romania, Dochas Education Trust. Wcliffe Bible Translators as well as the Church supporting an orphanage and school in rural India.
Docusign Envelop8 ID.. 6AOC03CfAAC&4EEW5E.1856859DE3Cg DEESIDE CHRISTIAN FELLOWSHIP CHURCH TRUSTEES REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 The Church's mèmbership is muliicultural and consists of 247 members attending Deeside Christian Fellowship (May 20241, 38 members attending Donside Communty Church {June 20241 and 30 members attending Hope Church, Torry. The regular attendance at Sunday momlng services is around 350 people. The number attending youth activities extends lo some 120. The church is entirely self-funded by ils members and adherent& BudJeting ten¢Js lo be expenditure lead alCg th speoal offerings to raise fvnds for speofic projects. Communlty Involvement & Charltsble A¢tlvltle$ The Church invests in developing a strong sense of community. The wnmunity invofvement in¢lude$ both praclical and financial support as follows.. The Project has been operating in Tillydrone Since 2003. created and njn by the DCFC Outreach Pastor with many volunteers. Although originally started to provide support for men and women being released frLyn prison with a view to re-integrating them into society, the Project has now grown to providing physical, emotional and spiritual help to many wlhin the community. Being one of the most deprived areas of Aberdeen, Tillydrone suffers from many complex social issues. The Lighthouse, aihough part of the DCFC charity, seeks lo be seif4unding in that there are restricted fvnds donated by supporters speryfically for this project. In addition to many volunteers thè Lighthouse staff has empkjyees, an experienced soual worker and a youth support worker. The project eA)nlinues to operate a food b8nk 8t Tiltydrone. Project staff and volunteers provide support within the schod environment for chiljren facing tehavioural dilfi¢ullie$ and challenging circumstances. At the year end tre Churth has one ministy trainee started on a multi-year leadership training program in September 2023. He successfully completed the second year of his training combining formal study with practical hand5won ministy training and mentoring by church staff. Another trainee left in September 2024. having comF4eted three years trainin9, and became the Pastor of a Church in Glasgow.
Docusign Envelop8 ID.. 6AOC03CfAAC&4EEW5E.1856859DE3Cg DEESIDE CHRISTIAN FELLOWSHIP CHURCH TRUSTEES REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 A creatNe childrèn and yc4Jth programme is provided for all age5, ranging from prChl lo fijrther education. These include groups meeting speuficalty lo cater for a pa"cular demographic and open to all within the Millllmtser communty and neighbourhood.. Fusion Friéay- a 810n. of groups for all ages of children and young people from P1- S6, whether il's iusl a 'place to hang out wlh friends, or answering the big questions in life, the committed leaders seek to guide and suppKsrt the children and young people in these important years when often the struggles of low self*steem and self-worth are more evidenL -Annual events e.g. summer holiday dub, cross training and a football camp. - The Ark- a Flaee for building relationships for todders and their aduh ¢arer, wth crafts, story & song time. - Mainty Music-fijn music groups for parents and carers lo enjoy together their PrSchoc1 aged children. - The Celebration Group- a friendship group for vulnerablg chilJren and adults wth disabil.e$ whilg teaching them ba&c Bitlical principlgs in ways that are relevant to th8m. 'Vlho let the Dad's Out?'_ catering for young fathers while offering support in the fatherlthild relationship. Flnanclal rovlew Financial position The Trustees have assessed the major nsks to which the Church Is exposed. in particular those related to the operations and finance of the Church and are satisfied that systems are in Flace to manage the expogjre lo major risks. Reserve3 policy The Church carries financial re8erve8 of a level that il con8ider8 appropriate for its future wor Kèy managèmont and remunerntlon The pastors of the Church a identffied as key managemenL The key management remuneration is reviewed annually by an independent suwroup of the TnJ8lees. Rl$k manag•m•nt The Trustees have a dirty to itlentify and revlew the risks lo which the charity is exposed and to ensure appropriate Controls are in place to provide reasonable assurance against fraud and error. The Church has pdiaes in place to cover the main areas of risk induding the protection of children and vulnerable adlS., and health and safety. The Church's child protecb'on policy has teen reviewed and approved by CCPAS. Annual child protection training lakes place each year. PVG chgcks arg sought on all new appointees who are working wth chldren, youth and VLlnerable adLIts. The treasurers, who are serving deacons have appropriate training and experience in financial matters and maintain regular communication wrth the ekjers and are required to make them aware of any finanaal risks. A financi81 report is made lo the Church at Six monthly inleNals lo ensure the membership is aware of the Church's financial status. A process of govemance is e8tabli8hed lo control the financial transactions of the Church. Future plans The Church plans to continue the activf(ies as outlined above within its objective5 and airns with the principal aim being 'Knowing Christ and making Him Kncp•Vn"
Docusign Envelop8 ID.. 6AOC03CfAAC&4EEW5E.1856859DE3Cg DEESIDE CHRISTIAN FELLOWSHIP CHURCH TRUSTEES REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Structure. governance and management Governing document The Church is controlled by its goveming document, a deed of trust and constitutes an unincorporated charity. The Trustees & Elder8 vtho served durfng the year and up to the d81e of 8lgnalure ofthe financial stslemenls were.. (Resigned 31 August 2025} (Resigned 22 May 20251 Post year en¢¢8Pted an invitation to become Lead Pastor of Grandview Church in Ontario. Canada and wll resign as a Trustee on 30 September 2025. The Trustees want to thank r his 21 years of servirE. for his friendship, his teaching, his care and service in all sorts of ministry areas of the Church. In addition the Trustees want to thank both end for their contribution to the Churth over Tnany years. Lead D•acon$ Logistr'csEvents Action Group Leader (Resigned 27 June 20251 Facilities IBuilding$l Action Group Leader F111t10$ (Technicall Action GrP Lgadgr Deacons Chairm8n CL>Treasur C0-Treasur (Resigned 31 July 20251 (Appointed 27 June 20251 (Resigned 31 December 2024) (Resigned 1 February 2024) (Resigned 1 JLIY 20241 (Resigned 27 June 2025) {Resigngd 27 June 2025} IAppoinl8d 27 Jung 20251
Docusign Envelope ID.. 6AOC03C64AC84EE&845E-1B58B59DE3C9 DEESIDE CHRISTIAN FELLOWSHIP CHURCH TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Constltutlon and Oryanlsatlonal structure The Church is an independent evangelical church established by a Deed of Trust dated 30 April 1976. The Church is led by an Elders Group and supported by a Deacons GroLJP. The Elders comprise the Teaching Pastor, the Outreach Pastor, the Care Pastor, the Youth Pastor and a number of Elders appointed by the Church. The Elders are ex officii Trustees on behalf of the Church. The Elders are responsible for the spiritual direction and pastoral care of the Church. Elders are appointed by the members of the Church from lime to lime following nominations made by the Elders. New Elders are appointed on the basis of scriptural qualifications and more often than not are recruited from the Deacons having served there and gained an inlimale knowledge of the workings of the Church. Deacons are appointed by members of the Church following nomination by the members. to conduct and manage its financial and general business and practical affairs. From their own number. the Deacons appoint to act as joint Treasurer. The Deacons normally hold office for three years but in some cases this can be longer. The Deacons Group al present comprises 13 members from a variety of professionallbusiness backgrounds all of whom have an interest in the spiritual wellbeing of the Church and its individual members. Both Elders and Deacons meet at least monthly and decisions are made on a consensus basis. Deacons and Elders hold joint meetings on a quartedy basis. The Elders Group is responsible for the strategic direction and pastoral wellbeing of the Church and can delegate practical matters lo the Deacons. The Deacons in tum will delegate tasks to smaller committees and rotas. The ulb'mate responsibility for running the Church rests with the Elders. The responsibility for the day lo day running of the Church and the Offi is delegated lo the Pastors and the administration team. The Trustees report was approved by the Board of Trustees. Trustee Dated.. 22 September 2025
Docusign Envelop8 ID.. 6AOC03CfAAC&4EEW5E.1856859DE3Cg DEESIDE CHRISTIAN FELLOWSHIP CHURCH STATEMENT OF TRUSTEES RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustees are responsible for preparing the Trustees Report arKI the financial statements in accordance with applicable law and United lQ"ngdom Accounting Standards Iunrted "ngdoM Generally AceÉpted ACUn9 Practice). The law applicable to charits'es in Scotland requires the Trustees to prepare financial statements for each financial year which give a true antl fair view of the stale of affairs of the charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements, the Trustees are required lo.. - seled suitable accounting policies and then apply them consistently,. - observe the methods and principles in the Charities SORP.. - make judgements and estimates that are reasonable and prudent., - slate whether applicable accounting standards have been follth¥ed, subject lo any material departures disclosed and explained in the financial slalements,. and prepare the finanaal statements on the goirvJ concem basis unless it is inappropriate lo presurrE that the charity 11 continue in operation. The Trustees art re$ponsit4e for keeping sufficient accounting records that disclose with reasonatle accuracy al any time the financial position of the eharity and enable them to ensure that the finanei81 statements comply wlh the Charities and Trustee Investment Iscoljandl Act 2005, the Charities Accounts IScotland} Regulations 2006 las amended} and the provisions of the trust deed. They a also responsible for safeguarding the assets of the charty and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Docusign Envelope ID.. 6AOC03C64AC84EE&845E-1B58B59DE3C9 DEESIDE CHRISTIAN FELLOWSHIP CHURCH INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF DEESIDE CHRISTIAN FELLOWSHIP CHURCH Oplnlon We have audited the finanaal statements of Deeside Christian Fellowship Church Ithe 'charity'l for the year ended 31 December 2024 which comprise the statement of financial activities, the balance sheet, the statenEnt of cash flows and the notes lo the financial slatemenls, including a summary of significant accounting poliaes. The financial reporting framework that has been applied In their preparation is applicable law and United Kingdom Accounting Stsndard5, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Praclicel. In our opinion, the financial slatemenls". give a true and fair view of the slate of the charity's affairs as at 31 December 2024 and of its incoming resour¢es and appli¢alion of resources, for the year then ended.. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practi,. and have been prepared in accordance with the requirements of the Charities and Trustee Investment (Scollandl Act 2005 and regulation 8 of the CharitiesAccounts IS¢ollandl Regulations 2006 las amended). Basls for oplnlon We conducted Dur audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described In the Audilorts SpOnsibl1rt1es for the audit of the financial slalements section of our report. We are Independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Stsndard, 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 lo provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have ¢onduded that the Trustees use of the going concern basis of accounting in the preparation of the financial staternenls is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating lo events or conditions that, Individually or collectively, may ca51 significant doubl on the charity's ability lo continue as a going concern lor a period of at least twelve months from when the financial slalements are 8Uthorised for issue. Our responsibilities and the responsibilities of the Trustees rith respect to going concern are described in the relevant sections of this report. Other Infomiatlon The other information comprises the information induded in the annual report other than the finamial statements and our auditor's report thereon. The Trustees are responsible for the other infomiation contained within the annual report. Our opinion on the financial statements does not cover the other Information and we do not express any fomi of assurance conclusion Ihereon. Our respon5ibilily is lo read the other Information and, in doing so, consider whether the other Information is materially inconsistent wlh the financial slalements or our knedge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such malerkql inconsistencies or apparent material misstslemenls, we are required lo determine whether this gives rise to a material misstslemenl in the financial statements themselves. 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. Mattgrs on whlch wg arg requlred to rnport by exception We have nothing lo report in respect of the following matters in relation lo which the Charities kcounts Iscodandl Regulations 2006 las amended) require us to report lo you if, in our opinion. the information given in the financial statements is inconsistent in any material respect ¥Mth the Trustees report., or proper accounting records have not been kept", or the financial slalements are not in agreement with the accounting records.. or we have not received all the information and explanations we require for our audit.
Docusign Envelop8 ID.. 6AOC03CfAAC&4EEW5E.1856859DE3Cg DEESIDE CHRISTIAN FELLOWSHIP CHURCH INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF DEESIDE CHRISTIAN FELLOWSHIP CHURCH Responsibilities of Trustees As explained more fully in the stslement of Trustees responsiblilies, the Trustees a spOnSible for the preparation of the finanaal slalements and for being satisfied that they give a true and fair view, and for such intemal control as the Trustees determine is necessary lo endIe the preparation of finawal statemenls Ihal are free from material misslatemenl, %thelher due lo fraud or error. In preparing the financial ststements, the Trustees are responsible frjr assessing the charity's abilty lo continue as a going concem, disclosng. as apFli¢able, matter$ related to going concem and using the going concem basis of accounting unless the Trustees either intend to cease operations, or have no realistic altemative but to do so. Audltorfs rwpon¥lbilltle¥ for th• audlt of the flnanclal ststsmgnts We have been appointed as auditor under section 4411)Icl of the Charities and Trustee Investment Iscolandl Act 2005 and report in accordan with the Act and relevant regulations made or having effect thereunder. Our objectives are lo obtain reasonable assurance about whether the financial statements as a whole are free from material misslatemenl, whether due to fraLKI or error. and to issue an audrtorfs report that includes our opinion. Reasonatle assurance is 8 high level of 8ssurance but is not a guarantee that an audrt conducted in accordance th ISAS (UK) will always delect a maleTial misslalement when it exists. Misstatements can arise from fraud or error and are considered material rf. individually or in the aggregate, they could reasonably be expected lo influence the economic decision8 of users taken on the basis of these finaw818latemenl8. A further descripts'on of our responsibillies is available on the Financi81 Reporting Council's website 81-. https-.11 www.frc.org.ukJ8udilorsresponsibilitie& This description fomis part of our auditof s report. Extent to whlch the audlt wag consldered capable of detsctlng Irregularltles. Includlng fraud Irregularitses, including fraud, are instances of non-compliance wfÉh laws and regulations. We design procedures in line with our responsibilities, outlined above and on the Financial Reporting Counal's website. to delect material misstslemenls in respect of irregularities, induding fraud. obtain and update our understanding of the entity, rts athviti'e$. its ntrol environment, and I'kely fvlure development$, induding in relation lo the legal and regulatory framework apF4icable and how the entty is comptying th that framework. Based on this understanding, we identify and assess the risks of material rnisstatemenl of the financial statements, whether due to fraud or èrror, design and perform audit procedures responsive to those risks, and obtain audit evidence that 1$ suffiaent and appropriate to provide a basis for our opinion. This indudes con$iderali¢x of the risk of acts by the entity that were contrary to 8pplicable18WS and regulations, in¢hJding fraud. In response to the risk of irwularitses and noTrcomFlIan wlh laws and gUlatiOnS, induding fraud, we designed procedures whith included.. Enquiry of managgmonl and tho$8 Charged with governance around actual and potential lth'galion and daims as well as actual, suspected and alleged fraud,. Reviewing minutes of meetings of those charged with governance., Assessing the extent of compliance with the laws and regulations considered to have a direct material effect on the financial statements or the operations of the entity through enquiry and inspection,. Reviewng financial statement disclosures 8nd testing to supporting documentation to assess compliance th applicable laws and regu181ions', Perfomiing audit work over the risk of management blas and overrode of controls, Including testlng of journal enthes and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the nomial course of business and reviewing accounting estimates for indicators of potential bias. Because of the inherent limrfcations of an audit, there is a risk that we will not delect all irregularitie$, in¢lutJing those leading to a material misslalement in the financial statements or norcoMlIan with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the finanaal 5ts1emen15, as we will be less likety lo become aware of instances of n0ComplIance. The risk of not delech.ng a material rni5Statemenl resulting from fraud is higher than for one resulting from error, as fraud may involve cdlusion. forgery, intentional omissions, misrepresenl81ions, or the override of intemal eontrol.
Docusign Envelope ID.. 6AOC03C64AC84EE&845E-1B58B59DE3C9 DEESIDE CHRISTIAN FELLOWSHIP CHURCH INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF DEESIDE CHRISTIAN FELLOWSHIP CHURCH Use of our report This report is made solely to the charity's trustees, as a body, in accordance wth regulation 10 of the Charities Accounts IScoUandl Regulations 2008. Our audit work has been undertaken so that we might state lo the charity's trustees those matters we are required to stale to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility lo anyone other than the charity and the charity's trustees as a body. for our audit work. for this report. or for the opinions we have formed. for and on bèhalf of Azets Audit Sèrvicès 22 September 2025 Chartergd Accountsnts Statutory Auditor 37 Albyn Place Aberdeen United Kingdom AB10 1JB Azels Audit Services is eligible for appointment as auditor of the charity by virtue of ils eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.
DEESIDE CHRISTIAN FELLOWSHIP CHURCH STATEMENT OF FINAN¢iALA¢TMTES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 fvnd• ¥•Thrnl O•l¥nt•d ZQZ4 fvnd• fvnd• ¢lMlgnAt•d ZIIZ4 2Tr24 zozj 2023 Donations Oth•rtrading 829.615 13.462 ,771 247.695 2.113 1.OJ1,081 1S,575 588.341 9.445 179.308 1.872 1.647 7TT,092 1,647 Totql In¢orn• 843.077 3,771 249.808 1.096,658 598.352 9.443 182.627 790,422 62,74S 507.428 109.586 185.421 172,331 772,238 11S.849 5Q7.815 502 33,875 343.223 57.5$4 459,S74 659,274 Imar90nl & adminigtratrn 99,391 Tokni •xpbndth $70.171 89,391 276.007 914,$69 683.664 34.377 400.807 1,118,848 LOOndI$poSololfi¥d 45g¢t 10 2.884 2,e84 1.20S 1,205 Toial•xpeTrdJ 573.055 99,391 275.007 947,453 684.869 34,377 4W.807 1.120,053 270.022 195,6201 149,103 186.517) 124.9341 F18.180) 1Y29,6311 10-
DEESIDE CHRISTIAN FELLOWSHIP CHURCH STATEMENT OF FINAN¢iALA¢TMTES ICONTINUEDI INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 lund• 4•nbrnl d•l¥nt•d 2024 fund8 fvnd• fud¥ dMignAt•d 2023 ZQZ4 2Tr24 2112¥ 2023 270.022 {95,•201 125.1991 149,Z03 186.517) (24.9341 (218.IJO) IJ29,I311 15&16 20,507 163,0731 42.566 101.603 {59.5481 I42.$} N•t InvJThwll•xp•ndttur•ltorth•y••rf N•tmOvbmbnlitsfund• 2*),529 17,367 149,203 15.086 {84.4821 {280.235) (329,6311 Fund Wanc•sal l January 2024 16&11 285.564 825,599 82.098 1.173,258 250.478 910.080 342.331 1.502,989 Fund DMmbvT2024 550.033 Q66,905 99.403 1.322,461 2fj5.564 825.598 82.096 1.17J,25
Docusign Envelope ID.. 6AOC03C64AC84EE&845E-1B58B59DE3C9 DEESIDE CHRISTIAN FELLOWSHIP CHURCH BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 Notss Flxgd assets Tangible assets Current assets Debtors Cash at bank and in hand 1,044,124 814,514 30,049 334,326 15,518 403,699 364,375 419,217 Credltots: amounts falllng due wlthln one year 14 186,0381 160,4731 Net current assets 278,337 358,744 Totsl assets less current liabilities 1,322,461 1,173,258 Ineome funds Restricted funds Unrestricted funds- Designated funds General unrestricted funds 99,463 82,096 eneral 16 16 666,905 556.093 e25,598 265,564 1,222,998 1,091,162 1,322,461 1,173,258 The financial statements were approved by the Trustees on 22 September 2025. Trustee 12-
Docusign Envelope ID.. 6AOC03C64AC84EE&845E-1B58B59DE3C9 DEESIDE CHRISTIAN FELLOWSHIP CHURCH STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Notes Cash flows from opgratlng actlvltlgs Cash generated fromllabsorbed by) operations 20 21,354 1238,7001 Investing activities Purchase of tangible fixed assets Investment income received 190,7271 15,2621 1,647 Net cash used In Investlng actlvltles 190,7271 13,6151 Net cash used in financing activities Net decrease in cash and cash equivalents 169,3731 1242,3151 Cash and cash equivalents at beginning of year 403,699 646,014 Cash and cash equivalents al gnd of y9ar 334.326 403,699 13-
Docusign Envelope ID.. 6AOC03C64AC84EE&845E-1B58B59DE3C9 DEESIDE CHRISTIAN FELLOWSHIP CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng pollcles Charity infomiation The ¢harily is a public benefit entity, a registered Charity in Scotland and is unincorporated. The address of the principal office is Binghill Drive, Milltimber. Aberdeenshire, United Kingdom. AB13 OJE. 1.1 Accounllng conventlon The financial statements have been prepared in accordance with the charity's governing document, the Charities and Trustee Investment Iscouandl Act 2005, the Charities Accounts (Scollandl Regulations 2006 las amended) and 'Accounting and Reporting by Charities." Slalement of Recommended Practice applicable lo charities preparing their accounts in accordance wlh the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021° las amended for accounting periods commencing from 1 January 20191. The charity is a Public Benefit Enlily as defined by FRS 102. The financial slalements are prepared in sleding, which is the functional currency of the charity. Monetsry amounts in these financial stslemenls are rounded lo the nearest £. 1.2 Going concern Al the lime of approving the financial slalements the Trustees have a reasonable expectation that the charity has adequate resources lo continue in operational existence for the foreseeable fvture. Therefore, the Trustees continue to adopt the going concern basis of accounting in preparing the financial slalements. 1.3 Charltable funds Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives. Reslricled funds are subject lo specific conditions by donors as to how they may be used. The purp)ses and uses of the restricted funds are sel out in the notes lo the financial slatemenls. 1.4 Incoming resources Income is recognised when the charity is legally entitled lo il after any performance conditions have been met, the amounts can be measured reliably, and il is probable that income will be received. Cash donations are recognised on reipt. Other donations are recognised once the charity has been notified of the donation. unless Performan conditions require deferral of the amount. Income tax recoverable in relation to donations received under GiftAid or deeds of covenant is recognised at the lime of the donation. Leg8cies are recognised on receipt or otherwse if the charity has been notified of an irllpending dislribulion, the amount is known, and receipt is expected. If the amount Is not known, the legacy is treated as a conlingenl asset. 1.$ R9Sou0S expgnd9d Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation commith.ng the charity lo that expenditure, il is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation Can be measured reliably. Expenditure is accounted for on an accruals tmsis and has been classified under headings that aggregate all cost related lo the category. Where costs cannot be directly attributed lo particular headings they have been allocated lo activities on a basis consislenl with the use of resources. 14-
Docusign Envelope ID.. 6AOC03C64AC84EE&845E-1B58B59DE3C9 DEESIDE CHRISTIAN FELLOWSHIP CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 A¢¢ounllng poll¢lg$ Icontlnugdl 1.6 Tangibl8 fixad assets Tangible fixed assets are initially measured al cost and subsequently measured al cost, nel of depreciation and any Impaiment losses. Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases.. Church buildings and office Church manse Equipment 2.fi on cost 20k on cost 150h on cost The gain or loss arising on the disposal of an asset Is determined as the difference beeen the sale proceeds and the carrying value of the asset, and is recognised in nel incomellexpendilurel for the year. 1.7 Retirement benefits Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. Critical accounting estimates and judgements In the application of the charity's accounting policies, the Trustees are required lo make judgements, eslimales and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The eslimales and associated assumptions are based on historical experience and other factors that are considered lo be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting eslimales are recognised in the period in which the estimate is revised where the revision affects (lY that period, or in the period of the revision and future periods where the revision affects both current and future periods. Key sources of estimation uncertainty Property valuation Al each reporting end dale, the charity Teviews the carrying value of ils properties lo determine whether there is any Indication that those assets have suffered an impairment loss. If any such Indication exist5, the recoverable amount of the asset is eslimaled in order lo determine the extent of the impairment loss lif any). The Carrying value of the properties is reviewed for indicators of impairment on an annual basis taking into consideration any recent third paty valuations and the knowledge of the Iruslees. 15-
DEESIDE CHRISTIAN FELLOWSHIP CHURCH NOTES TO THE FINANCIAL 8TATeMeNT8 ICONT14UEDI FOR THE YEAR ENDED 31 DECEMBER 2024 DonAUon• 4nd l•g•cb Totsl Unr6etrld lund6 fvTrd• J• nds dBivJnRt•d 2023 ftJnd6 •r¥l 2024 2024 2024 2Q24 2025 2023 2025 Don4tivns4nd 854,815 3.771 201,271 48,424 859.e57 46.424 175.000 589,341 9,443 179,308 777,092 Oènd 17S,000 VI9,815 3.7T1 247,695 1.OUI.081 588.341 9,443 179,308 777,092 Ind K*r Famfyand owninH 1OTvi¢•I CowJMnt•d incon Oonakns 35,92 414,518 203,168 12,262 127,853 61,356 49.191 545.942 254.$24 25.291 386,391 196.699 7.900 33,191 489,113 254,78 3.771 4,643 4,eoo 53,289 $54,615 3.771 201.271 859.657 589.341 9,443 179.308 777,092 Donations ind inthdg8 aD))unts th)rth by of th• ¢harity £173,41Q In th• year 12023.. £117.49S), ¢hThted ty ¢onnxtsd to11# £G.30512023-. NI¥ In Jth 2024. th• Hdl kcotsd In TLYry. hberdt•n donot•d to th• Chadtyfor ¢onold•rth from ontsthw ¢hJrfty. Tho lair8 th• w¢p•rt+ w•1 dBornod ts bB£175,000 tythDtrustoH. 16-
Docusign Envelope ID.. 6AOC03C64AC84EE&845E-1B58B59DE3C9 DEESIDE CHRISTIAN FELLOWSHIP CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Other tradlng actlvltles Unrestricted Restricted funds funds general 2024 Total Unrestricted Restricted funds funds general 2023 Total 2024 2024 2023 2023 Events income 13,462 2,113 15.575 10,011 1,672 11,683 Investments Total Restricted funds 2024 2023 Bank deposit interest 1,647 17-
DEESIDE CHRISTIAN FELLOWSHIP CHURCH NOTES TO THE FINANCIAL 8TATeMeNT8 ICONT14UEDI FOR THE YEAR ENDED 31 DECEMBER 2024 D*•¢t¢hiwltabkn MaN9vrn•nt& Totd M•Ng•rn•rt& 2•24 •xP•Thdre 2O2J 2023 2024 2023 468.611 33.233 46¥,611 33,233 17,155 43,46D 65,780 4J9,8S2 27,H2 439.8S2 27,442 21.533 D•prvAatrn and ImpAimwnt Ouiitrach tsindNiduaiA Grftst¢ Sundrfts and bohkthorg Tr4inlng R•ni rots•4nd in$wanc• 17.155 43.46D 85.780 21.533 112.033 282,995 282,995 18,787 7.56 3S,817 49.321 19,002 41,142 475 8,401 2,327 19.235 5,288 9,546 15.914 16,787 7,078 35,e17 49,321 19,002 97T 4,833 4S,970 110,757 24,143 42,890 375 8,694 2,185 17,821 5,616 12,237 490 45.970 110.757 24.143 Lightsnd hBBt Ewjnts 42.890 J7S 41,142 475 Cat9rinu and $upr& B¢oks ond tapes .894 2.18$ 17.821 5.818 10.343 8,401 2,327 19,239 5,268 8,940 Tdephong Stthnery And wying 1.094 172.331 747.143 919,474 459,574 639,474 1.099,048 ShaoI9¥•mnE+Lts IM• Tl 25.095 26,095 19,BOO 19,8OD 172.331 772.238 944,56a 459,574 659,274 1.118,84fj 18-
DEESIDE CHRISTIAN FELLOWSHIP CHURCH NOTES TO THE FINANCIAL 8TATeMeNT8 ICONT14UEDI FOR THE YEAR ENDED 31 DECEMBER 2024 AnaP411• ty fund Unrt$trfctedfundl-V UDrKtri¢t•dfvnds-thunatsd 62,74S $07.428 99.391 185.421 S70,171 99,391 27S,007 115,849 502 343,223 $67,815 33,875 57,$84 683.664 34,377 400,807 109.$8S 172.331 772.238 W,589 459,574 659,274 1.118,844
Docusign Envelope ID.. 6AOC03C64AC84EE&845E-1B58B59DE3C9 DEESIDE CHRISTIAN FELLOWSHIP CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Governance costs 2024 2023 Audit fees Accountancy 17,000 8,095 14,850 4,950 25,095 19,800 Analysed between Charf(able activib'es 25,095 19,800 25,095 19,800 Trustees During the year the amounts aid directly lo third parties and reimbursements of mileage and ex trustees are as follows". £86 12023. £1681 £78 12023. £8541, 12023. £8,835), 119 12023. £1,225), 1,415 12023. £3301, 70312023 £4231, £59812023: £2431, .94212023: £7381, £82 12023: £1831 and £2.683 12023.. £5921. Life assurance and income protection ¢over totallin £1 319 12023.. £1.1971 per trustee was paid directl to third parties on behalf of tre following trustees.. enses aid lo One or more of the Ttuslees has been paid remuneration or has received other benèfits from their charity or a related entity. Salaries for Trustees employed by the charity amounted lo £211,488 12023". £202,407) and pension contributions were made lo money purchase schemes of £60,177 12023.. £51,511). A breakdown of remuneration and pension for each Trustee employed by the charty is noted below., Trustee 2024 2023 Remunoration Pension 50,000 24,868 53,049 21,819 40,582 6,070 67,857 7,420 Ramuneration 50,000 51,036 37,927 63,444 Pension 19,970 18,934 5,673 6,934 211,488 60,177 202,407 51,511 -20-
Docusign Envelope ID.. 6AOC03C64AC84EE&845E-1B58B59DE3C9 DEESIDE CHRISTIAN FELLOWSHIP CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Employees The average monthly number of employees during the year was". 2024 Number 2023 Number Total 11 Employment Costs 2024 2023 INages and salaries Social security costs Other pension Costs 355,642 36,366 76,603 341,052 33,412 65,388 468,611 439,852 The number of employees whose annual remuneration was £60,000 or more were.. 2024 Number 2023 Number £60,001- £70,000 10 Loss on disposal of fixed assets Unrestricted Unrestricted funds funds general general 2024 2023 Net loss on disposal of tangible fixed assets 2,884 1,205 2,884 1,205 11 Taxatlon The charity is exempl from lax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied lo ils charitable objects. 21
Docusign Envelop8 ID.. 6AOC03CfAAC&4EEW5E.1856859DE3Cg DEESIDE CHRISTIAN FELLOWSHIP CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 12 Tangible fixed assets Church Church fflanse bulkllngs and offiGe Equlpmont Total Cost Al 1 January 2024 Addrtions Disposals 918,178 175,CKIO 103,196 229,834 90,727 {57,9631 1,251.208 265,727 157,9631 At 31 December 2024 1.093,178 103.196 262,598 1,458,972 Deprnclatlon and Impalmient At 1 January 2024 DepatIon charged in the year Eliminated in re$pg¢t of disposals 210,584 21,865 24.768 2,064 201,342 10,001 (55,7761 436,694 33,930 (55,7761 At 31 December 2024 232,449 26,832 155,567 414,848 Carrylng amount Al 31 December 2024 860,729 76,364 107,031 1,044,124 At 31 December 2023 707,594 78.42B 28,492 814,514 The church buldings and office and church manse are carried at historic cost less accumLlaled depreualion al a nel book value of £860.729 and £76.364 respectively as at 310embeI 2024. The trustees believe that the carrying value of the properb'es remains appropriate as there are no indicators of impaimienl bd on thoir knowledge and experience of the local propety market. In July 2024, the Victoria Hall located in Torry, Aberdeen was donated lo the Chanty for no consderation from another charity. The fair value of the property transferred was deemed to be £175.000 by the trustee& 13 Dobtors 2024 2023 Amounts falllng due wlthln ong yoar: Other debtors 30,049 15,518 14 Crgdltors: amounts falllng due wlthln ono yoar 2024 2023 Other taxatlon and 80clal securlty Accruals and deferred income 9,065 76,973 9,009 51.464 86,038 60,473 -22-
DEESIDE CHRISTIAN FELLOWSHIP CHURCH NOTES TO THE FINANCIAL 8TATeMeNT8 ICONT14UEDI FOR THE YEAR ENDED 31 DECEMBER 2024 16 R••blctsd lJYwnvntln lund $3¥•rn•rtkn fund l Jv•JarylO l nuiD14 •xp•nd•d nAryfund Ll9hthfUnd 8ulhYln9fund n.070 105.558 3,$341 3.142 19.979 62,117 82,024 121,380 46.424 176.8271 {197.5581 15,084} 47,627 23 20,092 33,506 45.865 32Y.030 342.331 182.828 1400,8071 142.0581 82.OYE 249,80 {275.OD71 42,588 99,483 Thu •yiKts for th• purpx• CF Ml•thg in&Th• diibJrwry it to spKrfr41¥ ¢hurGh llnd tr> othBr Th¢ LvJhthou$•fund xiJtiloMverth• •xp•nditur• ofthChuFcth'$ in Ih•lltydron• ¢1AbWdn. Th• guildiw in tthtion to th•grthrg¢•Wfrom Enww -23-
DEESIDE CHRISTIAN FELLOWSHIP CHURCH NOTES TO THE FINANCIAL 8TATeMeNT8 ICONT14UEDI FOR THE YEAR ENDED 31 DECEMBER 2024 11 Unr••lrlcWthJnd• MavM•ntllbfvnd S)¥rn•ntth fundi GènèF41fund Prnr•tyfvn Inwnalonal&bJdeniJknd 2SO,478 852,482 698.351 9.443 1683.6641 101,604 (60,6701 1,122 265,564 7e8,8BO $6.91e 843.077 3,711 1673.OSSI 20,$07 (63,073} SS6.093 e09,987 5S,918 1.160,5S8 607.794 (T18.041} 42,056 848,848 {672.4461 142,56EI 1.222,998 Th1¢•r1 Fund and Pwty Fund stfOrth•WOrl purpow• rthfy¢huh. Thu Intorngtrdp FLwIlt•S1d•lll prtMd•lrrinvw in mirdgtry. 17 ofNtu••t• fvnd• nd• 2•24 fund$ 2023 fvndi 2023 fvnd$ 2023 2024 24 2024 2023 Fund al 31 D•c•Mr2024 by." 427,289 128,804 570.969 95.935 45,8e6 53,598 1,044.121 278.337 197,678 67,886 610,8se 208,762 914,514 358,744 Cumi a&ts1(labIlUe$I 82,096 558,093 6e6.904 99,4e4 1,322.461 265,5e4 825,598 82,096 1.173,258 -24-
Docusign Envelope ID.. 6AOC03C64AC84EE&845E-1B58B59DE3C9 DEESIDE CHRISTIAN FELLOWSHIP CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 18 Operatlng lease commltments At the reporting end date the charity had outstsnding commitments for ftjture minimum lease payments under non-cancellable operating leases, which fall due as follows.. 2024 2023 Within one year Between two and five years 1,382 4,002 1,398 1,382 5,400 Payments of £2,226 have been recognised as an expense12023." £14,518). -25-
Docusign Envelope ID.. 6AOC03C64AC84EE&845E-1B58B59DE3C9 DEESIDE CHRISTIAN FELLOWSHIP CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 19 Related party transactlons Transactions with related parties During the year the charity entered into the follo¥Mng transactions with related parties.. is a connected person through marriage and was employed as Finance Adminislralor covering both Milltimber and the Li hlhouse wqth a salary of £13,970 12023.. £12,408) and pension contributions of £1,472 12023. £1,417). was reimbursed a lolal of £1,464 12023.. £8481 for the followng expenses., Events expenditure £40412023. Nil) Catering and supplies £18012023.. Nil) Stationery and copying £190 (2023.. Nil) Outreach.. £69012023.. £8481 Is the son in law of a trustee was reimbursed a lolal of £2,105 12023.. Nil) for the following expenses, Propety maintenance.. £2,10512023'. Nil) is a deacon and son of a Iruslee was reimbursed a total of £1,52912023'. Nil) for the following expenses.. Catering and supplies.. £1,52912023.' Nill Change Energy Limited is a connected company due lo made donations of £4,65012023. £Nill. eing a director. The company 20 Cash generated from operations 2024 2023 Surpluslldeficill for the year 149,203 1329,6311 Adiuslments for". Investment income recognised in statement of financial activities Deemed value of property donation Loss on disposal of tangible fixed assets Depreaation and impairment of tangible fixed assets {1,6471 1175,0001 2,884 33,233 1,205 27,442 Movements in working capital.. {Increaselldecrease in debtors Increaselldecreasel in creditors 114,5311 25,565 72,787 18,8561 Cash generated fromllab50rbed by) operations 21,354 1238,7001 -26-
Docusign Envelope ID.. 6AOC03C64AC84EE&845E-1B58B59DE3C9 DEESIDE CHRISTIAN FELLOWSHIP CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 21 Analysls of changes In net funds The charity had no debt during the year. 22 Management threaV$elf-rgvlew thrgat In r&latlon to non-audll $gp4l¢es In common with many other entities of our size and nature, we use our auditor lo assist with the preparation of the financial statements. -27-