St Oswald's Scottish Episcopal Church
Charity No. SC001417
Trustees’ Report and Unaudited Accounts
30 September 2025
|
St Oswald's Scottish Episcopal Church
Contents
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|---|---|---|---|---|---|---|
|Pages|
|Trustees’|Annual|Report|2to5|
|Independent|Examiner's|Report|6|
|Statement|of Financial|Activities|7|
|Balance Sheet|8|
|Statement|of Cash flows|9|
|Notes to|the|Accounts|10 to|16|
|Detailed|Statement|of Financial|Activities|17|to|18|
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St Oswald's Scottish Episcopal Church
Trustees Annual Report
The trustees present their report with the unaudited financial statements of the charity for the year ended 30 September 2025.
REFERENCE AND ADMINISTRATIVE DETAILS
Charity No. SC001417
Principal Office
260 Castlemilk Road Kings Park
Glasgow G44 4LD
Trustees
The following Trustees served during the year:
Key Management Personne!
Accountants
Compass Accounts
35 Norman Road
London
1G1 2NH
Bankers
Bank of Scotland 82 Main Street
Rutherglen Glasgow
G73 2HZ
OBJECTIVES AND ACTIVITIES
Charitable Objectives and Activities: The Church’s objectives are threefold:
(1) To worship the living God in the tradition of the Scottish Episcopal Church. (2) To support and encourage the existing congregation in their faith and journey of life. (3) To witness to others the fullness of life that is found in Jesus Christ and to serve the community of King’s Park and locale to the best of their ability.
PaGe z.
St Oswald's Scottish Episcopal Church Trustees Annual Report
The Church’s regular activities have continued to grow during the past twelve months. As part of our outreach the vestry and congregational members positively encourage community groups to make use of our church premises. We continue to have a number of groups hiring the church space, including yoga, boxercise, Slimming World, tap dancing and one-off events hire.
The church has continued to strive to be an open, hospitable and welcoming place.
The toddler group has now got a steady number of young people and carers who attend, though there is inevitable ebb and flow.
Our community choir JustSing! is going well. We have a new choir director, a music therapist,| ES continue to monitor our expenditure and income balance for the choir which is balanced most weeks but not every week. We have applied for a National Lottery Community Grant to help facilitate this work. The choir has made a number of community connections and taken part in a few performances. Next year we are hoping to take the choir into local care homes. This group continues to be a valuable social space for many. Our craft group continues to run twice a month. We are keen to grow this group and are working at ways to advertise it and to draw in more people.
Also, as part of our outreach to the wider community, and to recognise specific festivals, the upcycled and knitted creations have been displayed inside and outside the church and received a number of compliments from visitors. We have started using the front garden in different ways to mark different seasons — for example, prayer ribbons at Pentecost and planting bulbs as a way to remember someone.
The Priest in Charge has joined the Church of Scotland minister from Kings Park Parish Church in becoming a member of the Chaplaincy team for Kings Park Secondary School. Together we take assemblies and are working at ways to support the staff and pupils as much as possible e.g. spending lunch hours in the staff room, baking for inset days etc.
We have also shared in a number of joint activities including ecumenical worship and craft group activities, bake sales etc.
The church continues to produce the monthly magazine and supplies it in electronic and hard copy. This enables us to keep in touch with both congregation members who attend in person and those who are no longer able to worship with us in person or live further afield but have connections with the church. The porch space has now been developed into a new ‘quiet space’ which is able to be open to the public when the priest is in the office.
We have plans in place for a community garden in the back and are investigating ways we can get physical help to make this happen. One possible route for this is young people from the secondary school doing their Duke of Edinburgh. One of the key events of the year has been the appointment of the new Bishop of Glasgow and Galloway, a bishop has asked us to explore, with St. Aidan’s and St. Margaret’s, andbecoming part ofa ‘minster model’ of working more intentionally together to support each other in mission ministry whilst retaining our own Vestry Committee and Constitution. As this report is written there are ongoing discussions around these plans. Our priest in charge will be licenced to St. Aidan’s at the end of November. The Diocese are paying for an external facilitator for this work, and it is hoped that this will enable us not just to survive but to thrive.
PAGE 3
St Oswald's Scottish Episcopal Church Trustees Annual Report
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ACHIEVEMENTS AND PERFORMANCE
As well as public worship on a Sunday we have held Morning Prayer in person twice a week and online once a week. We have stopped our midweek communion as numbers were too low.
Although we are a small congregation, we have tried to fulfil the church’s purpose of witnessing to the Christian faith in Kings Park and the surrounding area. We are intentionally reaching out to Kings Park Church of Scotland and Castlemilk Church of Scotland and, as above, we are increasingly working with them on small projects. In addition, this summer our Priest in Charge helped at a Mother’s Union AIFA funded holiday for families supported by The Daisy Project in Castlemilk. We are actively pursuing ways of building our links with this small charity who support women and children who have suffered domestic violence.
The vestry has continued to maintain the upkeep of the church property, especially its grounds, roof and heating systems. Thanks to a grant applied for by the Diocese the church has been redecorated, and we have new light fittings. We have also had a HIVE heating control system installed which will hopefully reduce our heating costs as we have much more control. We are applying for a retrospective grant for the light fittings with the permission of the Dean and the Provincial Buildings advisor.
The vestry contracts a loca! cleaning company to visit weekly to maintain the inside of the building anda gardener bi-monthly to keep the la rge lawned areas in check.
FINANCIAL REVIEW
A review of the charity's financial position at the year end 30 September 2025. Based on current year performance as per the statement of financial activities on page, this year the charity resulted in a deficit of £58,191 (2024: profit of £13,171 before gains/losses on investment income).Total restricted funds in the year £302,387 (2024: £302,386). Balance unrestricted funds reported £191,914 (2024: £191,840). Total funds carried forward £443,268 (2024: £494,226).
Principal sources of funds
The principal funding sources of the charity comes from weekly Regular Offerings, Free Will offerings and Investment income from Rathbones. Another source of generating of income is from Hall Lets for various activities hired by the community.
PLANS FOR FUTURE PERIODS
The congregation is working alongside the new Priest to grow the membership of St Oswald’s; sharing ideas and putting them into practice for inhouse events; working with other episcopal churches and nearby other denominations on the southside of Glasgow; working within the community and supporting through practical and financial donations to the local Foodbanks, knitting for charities and responding to the Bishops Appeal,
STRUCTURE, GOVERNANCE AND MANAGEMENT
St Oswald's Episcopal Church is a member of the Diocese of Glasgow & Galloway of the Scottish Church. It is a registered charity (SCO01417) and is governed by the Vestry.
Statement of trustees’ responsibilities in relation to the financial statements The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
St Oswald's Scottish Episcopal Church Trustees Annual Report
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).
The trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 5
St Oswald's Scottish Episcopal Church
Independent Examiners Report
Independent Examiner's Report to the trustees of St Oswald's Scottish Episcopal Church
| report on the financial statements of St Oswald's Scottish Episcopal Church for the year ended 30 September 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes,
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the financial statements in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulation 2006 (as amended). The charity trustees consider that an audit requirement of Regulation 10(1) (a) to (c) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the financial statements as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently | do not express an audit opinion on the view given by the financial statements.
independent examiner's statement
-
In connection with my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the requirements: * to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations
-
¢ to prepare financial statements which accord with the accounting records and comply with Regulation 8 of the Accounts Regulations
have not been met: or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
35 Norman Road
London
IGi 2NH
a13 November
St Oswald's Scottish Episcopal Church Statement of Financial Activities
|
for the year ended 30 September 2025
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|---|---|---|---|---|---|---|
|Unrestricte|Restricted|
|d funds|funds|Totalfunds|Total funds|
|2025|2025|2025|2024|
|Notes|£|£|£|£|
|Income|and|endowments|
|from:|
|Donations and|legacies|3|11,868|*|11,868|7,469|
|Charitable|activities|4|3,486|-|3,486|35,326|
|Other trading|activities|5|7,190|-|7,190|3,786|
|investments|6|45,835|12,126|57,961|36,395|
|Other|7|3,994|-|3,994|-|
|Total|72,373|12,126|84,499|82,976|
|Expenditure|on:|
|Charitable|activities|8|45,844|12,125|57,969|54,314|
|Other|iS)|30,252|-|30,252|15,491|
|Total|76,096|412,125|88,221|69,805|
|Net|losses on|investments|(54,469)|-|(54,469)|-|
|Net (expenditure)/income|(58,192)|1|(58,191)|13,171|
|Transfers|between|funds|~|-|-|-|
|Net|oP(expenditure)|/income|a|
|.|
|before|other|gains/{losses)Vv|(58,192)|1|(58,191)|13,171|
|Other gains|and|losses|
|Other Gains|7,233|-|7,233|-|
|Net movement in funds|(50,959)|1|(50,958)|13,171|
|Reconciliation|of funds:|
|Total funds brought forward|191,840|302,386|494,226|481,055|
|Total funds carried forward|140,881|302,387|443,268|494,226|
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Page 7
St Oswald's Scottish Episcopal Church Balance Sheet
at 30 September 2025
| Charity No. SC001417 | Notes | 2025 | 2024 |
|---|---|---|---|
| £ | £ | ||
| Fixed assets | |||
| Investments | 10 | 429,917 | 484,386 |
| 429,917 | 484,386 | ||
| Current assets | |||
| Debtors | 11 | 3,338 | 3,727 |
| Cash at bank and in hand | 11,908 | 18,969 | |
| 15,246 | 22,696 | ||
| Creditors: Amount falling due within one year | 12 | (1,895) | (12,856) |
| Net current assets | 13,351 | 9,840 | |
| Total assets less current liabilities | 443,268 | 494,226 | |
| Net assets excluding pension asset or liability | 443,268 | 494226 | |
| Total net assets | 443,268 | 494,226 | |
| The funds ofthe charity | |||
| Restricted funds | 13 | ||
| Restricted income funds | 302,387 | 302,386 | |
| 302,387 | 302,386 | ||
| Unrestricted funds | |||
| General funds | 194,914 | 191,840 | |
| Designated funds | 436 | - | |
| 195,350 | 191,840 | ||
| Reserves | |||
| Revaluation reserve | (54,469) | - | |
| (54,469) | |||
| Totalfunds | 443,268 | 494,226 | |
| Approvedbythetrusteeson13November2025 |
And signed on their behalf by:
Page 8
St Oswald's Scottish Episcopal Church Statement of Cash flows
| | |
for the year ended 30 September 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Cash flowsfrom operating activities | ||
| Net(expenditure)/income perStatementofFinancial Activities | (50,958) | 13,171 |
| Adjustments for: | ||
| Dividends, interestand rentsfrom investments | (61,955) | (36,395) |
| Decrease in trade and other receivables | 389 | - |
| (Decrease)/Increase in trade and other payables | (10,961) | 1,895 |
| Netcash used in operating activities | (123,485) | (21,329) |
| Cashflowsfrom investing activities | ||
| Dividends, interest and rents from investments | 61,955 | 36,395 |
| Netcashfrom investing activities | 61,955 | 36,395 |
| Net cashfrom financing activities | 7 | - |
| Net(decrease)/increase in cash and cash equivalents | (61,530) | 15,066 |
| Cash and cash equivaients atthe beginning oftheyear | 18,969 | 3,903 |
| Cash and cash equivalents attheend oftheyear | (42,561) | 18,969 |
| Components ofcash and cash equivalents | ||
| Cash and bank balances | 11,908 | 18,969 |
| 11,908 | 18,969 |
Pace A
St Oswald's Seattish Enisconal Church Notes to the Accounts
| 1
for the year ended 30 September 2025
1 Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).
Change in basis of accounting or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years,
| income | |
|---|---|
| Recognition of | Income is included intheStatementof Financial Activities (SoFA)when the charity |
| income | becomes entitled to, and virtuallycertain to receive, the income and the amount of |
| the income can be measured with sufficient reliability. | |
| Incomewith related | Where income has related expenditure the income and related expenditure is |
| expenditure | reported gross in the SoFA. |
| Donations and | Voluntary income received byway ofgrants, donations and gifts is included inthe |
| legacies | theSoFAwhen receivable and onlywhenthe Charity has unconditional |
| entitlement to the income. | |
| Tax reclaims on | Income from tax reclaims is included in theSoFA atthesametimeasthe |
| donations and gifts | _gift/donation to which it relates, |
| Donated services | These areonlyincluded in income (withan equivalent amount inexpenditure} |
| and facilities | wherethe benefitto the Charity is reasonably quantifiable, measurable and |
| material. | |
| Volunteer help | The value ofanyvolunteer help received is not included inthe accounts. |
| Investment income _ This is included in theaccountswhen receivable. | |
| Gains/(losses) on | This includes anygain or loss resultingfrom revaluing investmentstomarketvalue |
| revaluation offixed | atthe end ofthe year. |
| assets | |
| Gains/(losses)on investmentassets |
Thisincludesanygainorlossonthesaleofinvestments. |
PAGE io
St Oswald's Scottish Episcopal Church
Notes to the Accounts
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|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Expenditure|
|Recognition|of|Expenditure|is recognised on|an|accruals|basis.|Expenditure|includes|any VAT which|
|expenditure|cannot|be fully recovered, and|is reported|as part of the expenditure|to which|it|
|relates.|
|Expenditure|on|These|comprise the|costs associated|with|attracting voluntary income,|fundraising|
|raising funds|trading|costs|and|investment|management|costs.|
|Expenditure on|These|comprise the costs|incurred|by the|Charity|in the|delivery of|its|activities|and|
|charitable|activities|services|in the furtherance of|its|objects,|including the making|of grants and|
|governance|costs.|
|Grants payable|All|grant expenditure|is accounted|for on|an|actual|paid|basis|plus|an|accrual|for|
|grants that|have|been|approved|by the trustees|at the end|of the|year|but|not yet|
|paid.|
|Governance|costs|These|include|those|costs associated|with|meeting the|constitutional|and|statutory|
|requirements|of the|Charity,|including|any audit/independent|examination|fees,|
|costs|linked|to the|strategic|management|of the|Charity, together|with|a|share|of|
|other|administration|costs.|
|Other expenditure|These are support|costs|not allocated|to|a|particular|activity.|
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Taxation
The charity is exempt from tax on its charitable activities.
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlament amount after allowing for any trade discounts due.
Pension costs
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds.
Receipt of donated goods, facilities and services
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
PAGE \
St Oswald's Scottish Episcopal Church
|
Notes to the Accounts
2 Statement of Financial Activities - prior year
| Unrestricted | Restricted | |||||
|---|---|---|---|---|---|---|
| funds | funds | Total funds | ||||
| 2024 | 2024 | 2024 | ||||
| income and endowments | from: | £ | £ | £ | ||
| Donations and legacies | 7,469 | - | 7,469 | |||
| Charitable activities | 35,326 | - | 35,326 | |||
| Othertrading activities | 3,786 | - | 3,786 | |||
| Investments | 36,395 | - | 36,395 | |||
| Total | 82,976 | - | 82,976 | |||
| Expenditure on: | ||||||
| Charitable activities | 54,314 | - | 54,314 | |||
| Other | 15,491 | 5 | 15,491 | |||
| Total | 69,805 | - | 69,805 | |||
| Netincame | incame | 13,171 | - | 13,U74 | ||
| Net | income before other | |||||
| gains/(losses) | 13,171 | - | 13,171 | |||
| Other gains and losses: | ||||||
| Netmovement | movement infunds | 43471a. | a.~ | ~ 93471 | ||
| Reconciliation offunds: | ||||||
| Totalfundsbroughtforward | 178,669 | 302,386 | 481,055 | |||
| Totalfunds carriedforward | 191,840 | 302,386 | 494,226 | |||
| 3 | income from donations | and legacies | ||||
| Unrestricted | Total | Total | ||||
| 2025 | 2024 | |||||
| £ | £ | £ | ||||
| Regular offerings | 5,996 | 5,996 | 5,453 | |||
| Freewill offerings | 586 | 586 | 1,505 | |||
| Gift aid receipt | 3,338 | 3,338 | 90 | |||
| Magazines, fund raising i |
: | & tea | ||||
| money | 1,948 | 1,948 | 421 | |||
| 11,868 | 11,868 | 7,469 |
PAGE 12.
St Oswald's Scottish Episcopal Church
| |
Notes to the Accounts
4 Income from charitable activities
‘
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|||||||
|---|---|---|---|---|---|
|Unrestricted|Total|Total|
|2025|2024|
|£|£|£|
|Diocese|payments|covering|
|investment,|housing &|3,486|3,486|35,326|
|mission|grant|
|5|Income|from|other|trading|activities|
|Unrestricted|Total|Total|
|2025|2024|
|£|£|£|
|7,190|7,190|3,786|
|6|Income|from|investments|
|Unrestricted|Restricted|Total|Total|
|2025|2024|
|£|£|£|£|
|Distribution|-|UTP|&|
|Rathbones|5,835|-|5,835|2,470|
|Cash|Withdrawls|40,000|-|40,000|33,925|
|Epworth|-|12,126|12,126|-|
|«45,835|——«12,126=SSs«SSTSGSSS«|BS|
|7|Other|income|
|Unrestricted|Total|Total|
|2025|2024|
|£|£|£|
|Choir|Fund|3,081|3,081|-|
|Talk|for Tots|Fund|12|12|-|
|Charity Donations Fund|901|901|-|
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PAGE 13
St Oswald's Scottish Episcopal Church
Notes to the Accounts
| 8 | Expenditure on charitable activities | ‘ | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| 2025 | 2024 | ||||
| £ | £ | £ | FE | ||
| Expenditure on charitable | |||||
| activities | |||||
| Diocese payments covering | |||||
| investment, housing& | - | - | - | 28,406 | |
| mission grant | |||||
| Priest flat | - | 10,875 | 10,875 | 10,123 | |
| Council tax | - | 1,250 | 1,250 | 1,151 | |
| Priest Salary, pension & | |||||
| ctherexnenses | 43,949 | - | 43,949 | 12,739 | |
| Governance costs | |||||
| independent examinerfee | 1,895 | - | 1,895 | 1,895 | |
| 45,844 | 22,125: | 57,969 | 54,314 | ||
| 9 | Other expenditure | ||||
| Unrestricted | Total | Total | |||
| 2025 | 2024 | ||||
| £ | £ | £ | |||
| Repairs &Maintenance | 11,991 | 11,991 | 6,036 | ||
| Locum& DioceseQuota | 2,660 | 2,660 | 1,776 | ||
| Heat& Light | 5,763 | 5,763 | 3,456 | ||
| PPS, Sundries & other | |||||
| charitable expenses | me | BABS | sa | ||
| General administrative costs | 20 | 20 | - | ||
| Legal and professional costs | 750 | 750 | - | ||
| 30,252 | 30,252 | 15,491 | |||
| 10 | Investments | ||||
| Other | |||||
| investments | |||||
| - Listed | Total | ||||
| £ | £ | ||||
| Cost or revaluation | |||||
| At 1October2024 Revaluation |
484,386 (54,469) |
484,386 (54,469) |
|||
| At30September2025 | 429,917 | 429,917 | |||
| Netbookvalues | — | ||||
| At30September 2025 | 429,917 | 429,917 | |||
| At30September2024 | 484,386 | 484,386 |
PAGE 14
St Oswald's Scottish Episcopal Church
|
Notes to the Accounts
11 Debtors
| 2025 | 2024 | ||||||
|---|---|---|---|---|---|---|---|
| £ | £ | ||||||
| Otherdebtors | 3,338 | 3,727 | |||||
| 3,338 | 3,727 | ||||||
| 12 | Creditors: | ||||||
| amounts fallingdue within | oneyear | ||||||
| 2025 | 2024 | ||||||
| £ | £ | ||||||
| Othercreditors | 1,895 | 12,856 | |||||
| 1,895 | 12,856 | ||||||
| 13 | Movement in funds | ||||||
| incoming | |||||||
| At 1 October | resources . ; {including other |
Resources expended |
Gross transfers |
At 3G September 2025 |
|||
| 2024 | gains/losses)} | ||||||
| £ | £ | £ | £ | ||||
| Restricted funds: | |||||||
| Restricted income funds: | |||||||
| 302,386 | 12,126 | (12,125) | - | 302,387 | |||
| Total | 302,386 | 12,126 | (12,125) | - | 302,387 | ||
| Unrestricted funds: | |||||||
| General funds | 191,840 | 75,612 | (72,538) | - | 194,914 | ||
| Designated funds: | |||||||
| - | 3,994 | (3,558) | - | 436 | |||
| Total | - | 3,994 | (3,558) | - | 436 | ||
| Revaluation Reserves: | |||||||
| Revaluation fund | - | (54,469) | (54,469) | ||||
| Totalrevaluation reserves | “ | (54,469) | (54,469) | ||||
| Totalfunds | 494,226 | 37,263 | (88,221) | - | 443,268 | ||
| Purposes and restrictions in relation to | the funds: | ||||||
| Revaluation reserves | Representtheamount | amount bywhich | investmentsexceed | exceedtheir historical cost. | |||
| 14 | Analysis of netassets betweenfunds | ||||||
| Unrestricted funds |
Restricted funds |
Total | |||||
| £ | £ | £ | |||||
| Investments | - | 429,917 | 429,917 | ||||
| Net current assets | 13,354 | - | 13,351 | ||||
| 13,351 | 429,917 | 443,268 |
PAGE is
St Oswald's Scottish Episcopal Church
;
Notes to the Accounts
15 Reconciliation of net debt
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||||||||
|---|---|---|---|---|---|---|
|At|30|
|At i|October|September|
|2024|Cash|flows|2025|
|£|£|£|
|Cash|and|cash|equivalents|18,969|(7,061)|11,908|
|18,969|(7,061)|11,908|
|Net debt|18,969|(7,061)|11,908|
----- End of picture text -----
i
PAGE 16
St Oswaid's Scottish Episcopal Church
| |
Detailed Statement of Financial Activities
for the year ended 30 September 2025
| Unrestricte | Restricted | |||||
|---|---|---|---|---|---|---|
| d funds | funds | Totalfunds | Totalfunds | |||
| 2025 | 2025 | 2025 | 2024 | |||
| £ | £ | £ | £ | |||
| Income and endowments from: | ||||||
| Donations and legacies | ||||||
| Regularofferings | 5,996 | - | 5,996 | 5,453 | ||
| Freewill offerings | 586 | - | 586 | 1,505 | ||
| Gift aid receipt | 3,338 | = | 3,338 | 90 | ||
| Magazines, fund raising Bazines me |
& tea | |||||
| money | 1,948 | : | 1,948 | 421 | ||
| . | ||||||
| 11,868 | - | 11,868 | 7,469 | |||
| Charitable activities | ||||||
| Diocese payments | covering | |||||
| investment, housing& mission | 3,486 | - | 3,486 | 35,326 | ||
| grant | ||||||
| 3,486 | . | 3,486 | 35,326 | |||
| Othertrading activities | ||||||
| 7,190 | - | 7,190 | 3,786 | |||
| 7,190 | - | 7,190 | 3,786 | |||
| Investments | ||||||
| Distribution -UTP& | & Rathbones | 5,835 | - | 5,835 | 2,470 | |
| CashWithdrawls | 40,000 | - | 40,000 | 33,925 | ||
| Epworth | - | 12,126 | 12,126 | - | ||
| 45,835 | 12,126 | 57,961 | 36,395 | |||
| Other | ||||||
| ChoirFund | 3,081 | - | 3,081 | - | ||
| Talk forTots Fund | 19 | - | 12 | - | ||
| Charity Donations | Fund | 901 | - | 901 | - | |
| 3,994 | - | 3,994 | - | |||
| Totalincomeandendowments | 72,373 | 12,126 | 84,499 | 82,976 | ||
| Expenditure on: | ||||||
| Charitable activities | ||||||
| Diocese payments | cavering | |||||
| investment, housing& mission | - | - | - | 28,406 | ||
| grant | ||||||
| Priest flat | - | 10,875 | 10,875 | 10,123 | ||
| Counciltax | - | 1,250 | 1,250 | 1,154 | ||
| Priest Salary, pension & wad |
other | |||||
| expenses | 43,949 | ‘ | 43,949 | 12,739 | ||
| 43,949 | 12,125 | 56,074 | 52,419 | |||
| Governance costs | ||||||
| Independent examiner fee | 1,895 | - | 1,895 | 1,895 | ||
| PAGEIN |
| | | |
St Oswald's Scottish Episcopal Church
Detailed Statement of Financial Activities
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|||||||||
|---|---|---|---|---|---|---|---|
|1,895|-|1,895|1,895|
|Totalactivitiesiiiof expenditure|on|charitable|45,844|12,125|57,969|54,314|
|Other|expenditure|
|Repairs &|Maintenance|11,991|-|11,991|6,036|
|Locum|&|Diocese|Quota|2,660|-|2,660|1,776|
|Heat &|Light|5,763|~|5,763|3,456|
|PPS,|Sundries & other charitable|
|expenses|9,068|-|9,068|4,223|
|29,482|-|29,482|15,491|
|General|administrative|costs,|
|including|depreciation|and|
|amortisation|
|Bank|charges|20|7|20|-|
|20|-|20|-|
|Legal and|professional|costs|
|Accountancy and|bookkeeping|750|-|750|-|
|750|-|750|:|
|Total|of expenditure|of other|costs|30,252|-|30,252|15,491|
|Total expenditure|76,096|12,125|88,221|69,805|
|Net gains on|investments|(54,469)|-|(54,469)|-|
|Net (expenditure)/income|(58,192)192|1|ee58,191|ted)|13,171aint|
|otherNet|(exp(expenditure)/income gains/{losses)|before|(58,192)|1|(58,191)|13,171|
|Other Gains|7,233|-|7,233|-|
|Net movement|in funds|(50,959)|1|(50,958)|IS|171|
|Reconciliation|of funds:|
|Total funds|brought forward|191,840|302,386|494,226|481,055|
|Total funds carried forward|140,881|302,387|443,268|494,226|
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Pace it