**Cartsbridge Evangelical Church** 

**Report and Financial Statements Year Ended 31 March 2025 Scottish Charity No.SC002583** 



## Cartsbridge Evangelical Church 

**Contents of the Financial Statements** _for the Year Ended 31 March 2025_ 

||Page|
|---|---|
|Church Information|1|
|Trustees’ Annual Report|2 - 4|
|Independent Examiner’s Report|5|
|Statement of Financial Activities|6|
|Balance Sheet|7|
|Notes to the Financial Statements|8 - 15|





## Cartsbridge Evangelical Church 

**Church Information** _for the Year Ended 31 March 2025_ 

## **Trustees** 


esigned 5 June 2024 

gned 5 June 2024 

nted 13 August 2024 

## **Office Bearers** 


## **Principal Address** 


## **Bankers** 

Clydesdale Bank PLC 30 St Vincent Place Glasgow G1 2HL 

## **Solicitors** 

Mackintosh Wylie LLP P.O. Box 31 23 The Foregate Kilmarnock KA1 1LE 

## **Independent Examiner** 

The Accounting Crew (Scotland) Limited 8 Benview Road Clarkston Glasgow G76 7PP 

Page 1 



## Cartsbridge Evangelical Church 

## **Trustees’ Annual Report** 

The Trustees are pleased to present their report together with the financial statements of the church for the year ended 31 March 2025. 

## **Status of Charity and Governing Document** 

Cartsbridge Evangelical Church was originally constituted by means of a Trust Deed dated 21 February 1927 and superseded by a Constitution approved at the church AGM of 18 May 2005. The Trust is registered as a Scottish Charity (No SC002583). All serving elders are, ipso facto, trustees. 

## **Charitable Objectives and Aims** 

The charitable purposes of Cartsbridge Evangelical Church as set out in the Charities and Trustee Investment (Scotland) Act 2005 are “The advancement of religion and the relief of poverty”. 

## **Trustees and Office Bearers** 

For the purpose of charity law, the Trustees of the church are also the charity’s Trustees. 

The church is independent and congregational in policy. The day to day running of the church is delegated by the Trustees to the Elders. 

The Trustees and Office Bearers who served during the year and to the date of this report were as follows: 

## _**Trustees**_ 


– Resigned 5 June 2024 

esigned 5 June 2024 

pointed 13 August 2024 

## _**Office Bearers**_ 

asurer) ecretary) 

(* indicates those who also serve as Elders) 

## **Appointment of Trustees** 

Trustees are nominated for appointment by the existing Trustees. There is no fixed term for Trusteeship. Trustees are to retire when they attain the age of seventy years.  Prior to their appointment, Trustees would have served the church for some time in various roles and would be familiar with the church's values, its aims and objectives as well as its day-to-day operations.  As part of their induction programme, new Trustees are required to understand their statutory responsibilities. 

## **Achievements and Performance** 

The church continues to run a full programme of activities throughout the week. On Sundays we run a Communion Service at 10am followed by our All-Age Service at 11.15am. The All-Age Service is streamed online for those who are unable to attend. 

Significant highlights and developments of note in the year include the following: 

Page 2 



Cartsbridge Evangelical Church 

## **Trustees’ Annual Report** 

## **Achievements and Performance (continued)** 

In relation to **activities** : 

- Elders convened fortnightly for the purpose of assessing the spiritual welfare of the church members and to discuss the business of the church. 

- The church continues to provide and maintain adequate premises and facilities for the church members and others in the community to meet for the worship of God and for mutual support of the fellowship, the care of the local community and to support mission both at home and abroad. 

- The church employed three members of staff during the financial year: as Pastoral Worker, resigned in July 2024, as Ministry Support Coordinator and as Youth Worker, appointed in August 2024. 

- Giving by the church both within the UK and abroad reflects a continued desire by the church to support both individuals and organisations of interest to the church and this was particularly evident with the sustained level of giving during a difficult time for many. 

- The Alternative Gifts scheme was again successfully carried out in the year and allowed the church to support projects in Bangalore, Rwanda and Uganda, as well as provide support for Glasgow City Mission. 

- The church continued to provide support to several members who are working in the mission field including Paul and Andrea Smith in France, in Canada until left his role with OM, with International Mission to Jewish People and Bell in Barlanark. The church also commenced regular support for Aird in Uganda. 

- A number of elders and younger people in the church have been able to visit Albania in recent years and the church is committed to prayerfully and financially supporting both the church and missionaries in Vlore, Albania. 

## In relation to **funding** : 

- Sustained support and offerings from church members predominantly via bank transfer and utilising the Gift Aid donation scheme. 

## **Financial Review** 

## _**Principal sources of funding**_ 

The church receives its funding from church members and visitors by way of offerings and Gift Aid donations. 

## _**Results for the year**_ 

The financial statements for the year are set out in pages 6 to 15.  Per the Statement of Financial Activities on page 6, the church reported net incoming resources (i.e. surplus) of £14,611 (2024 - deficit £21,415) and total funds of £559,735 of which £506,827 represent fixed assets. 

Page 3 



Cartsbridge Evangelical Church
Trust¢e$' ADDual Report
FlnaDdal Revkw {eontlDued)
Reserves Pollcy
It is the policy of thc churLh to maintain unr¢stri¢t¢d fiwd& i.¢. fimds not committcd or invcstd in fixcd
ass¢lS, at a level which cquat¢s to approximately three months of uttrestricted expenditure. 'fhis allows
Suff￿1¢nt fimd9 to Cnablc the OnÈOitig work of the church to be maintaind. Excluding Fixcd A&qets.
Unrestricted Funds at 31 March 2025 amounted to £52.908 {2024 - £31,744) Whic￿ although above the
r¢quircd Icvcl, was acceptable lo the Trustees. Total rcscrycs iThLluding thc n¢t book value of r￿ed &sscts
(unr¢siri¢t¢d) amount¢d to £559,735 (2024 - £545,124).
Grant MAkIng Policy
The chU￿h mak¢s from its incom¢ to individuals and organisations that ale 8cn¢rally k￿)w￿ to the
IrustLes and thc Church. Th¢ beneficiaries are involved in activities or ministri¢s compatible with the
chur¢h's obj¢ctives. Reputable IK)dies involved in diwtcr r¢licf work ctc. would be includa in this list.
Statement of Tr•JlttJ• Responslbllldes
The Trustees are responsible for preparing thc '￿￿￿tc¢￿' K¢port and the fthan¢iaA stat¢mcnts in ac￿rdanC¢
with applicabjc law and United KinBdom Accounting Stsndards (Unitcd Kingdom Gcnernlly Acceptsd
Accountin8 Prwtice).
Thc law applicabk to clwitics in Scotland, the Charilics and TTUStc¢ Inv¢stm¢nt (Scotland) ALt 2005, thc
Charitics A¢¢ounts (scotl￿d) Regulations 2006 and thc provisions of th¢ charity's Constitution rcquirc th¢
Trustees to preparL fllwicial statLmL'nts for each fllLqncial year which give a truc and fair viLw of Ih
charity's affairs and of incoming resources and application of ￿yOu￿¢S of th¢ charity for that period. In
preparin8 t1￿¢ finanLial statcmcnts, th¢ TnLSt¢¢s ar¢ wuir¢d to;
select suitsble accounting policies and then apply them consistently)
observe the methods and principles in the Charities SORP;
make judgements and estimates that reasonablc and prudcnl
PTcpar¢ th¢ fmancial slatements on thc going concern basis unless it is inappropriat¢ lo presum¢
that thc Charity Will continuc its a¢tiviti¢s.
The Trustees arc ￿sponsIble for k¢eping proper accounting records which disclosc with r¢￿Onable
accuracy at any tim¢ th¢ ¢harity's fmancial position and cnable them to ensure thAt the fllwicial siat¢m¢Thts
comply with the Charities and Trustee Investsnent (Scotland) Act 2005, the Charities AccounLs {Scotland)
Regulations 2006 and the provi%ioLs of the charity'b co￿$tI1utI0n. They are rgstx)nsible for safe8uardin8
the ot'the charity and hL'nc¢ for taking r¢asonabl¢ stcps for th¢ prevention and dGtcction of fraud and
other irregularities.
Independent ELgmlner
The 'l'rustces rccommend that The Accountin8 Crew (Scotland) Limitcd is appointed &s Tndcpendcnt
F.xarnin¢r until further noticc.
This R¢port w&$ approv￿ by thc TTUStccs on .
. 2025 and signcd on thcir bd]alf by:
ruJlL'e
ruJlL'L'
Page 4

Cartsbrid ¢ Evan
elical Church
Independent Examin¢r's Report to the Trustees on the unaudit¢d flnAn¢lal statements of
C•rtsbrldge Evgngelieal Chureh
I r¢port on rhe finanGial ￿01cMentS of the Charity for th¢ year ended 31 iMJTch 2025 which comprise Ihe
Siatenient ofFinancial Adivides, the Baloiice Sheet the related Noies.
Regpeetlve R¢sponslbllltl¢s of Truste¢1 Exlmloer
The eharity's Tiust¢¢s are responsible for ihe prepar•tion of the fiAancial 5taternents in a¢¢ordance with the
lermi of the Charilics and TN5tee Inve5trnenl {ScoilaThdl A¢t 2005 and Ilie Chaniie$ AccouD15 {ScotJand)
R¢Kulaiion$ 2006 ("2Q06 Accowits R¢guLations'). The ¢harity'S Truslces ¢onsidcr that the audit
reWirem￿l ¢f Re￿IllI10n 101 I) (a) to (el of the 2006 A¢wunts R¢gulaiion5 does nol apply. It is my
r¢sponsibility to examin¢ the finonGial swements as iequired und¢r S¢Glion 44(1 } (¢) of the Acl and10 slple
wh￿her particulaf matters have comg lo trAy attenti4)n.
Bnsi¥ of llldependtnt Ex*mlntr'J St*ttmenl
My ex8rnin&tion w*s corried oul in accordance with R¢gulJlion I l of th¢ Charitie3 Arcounts (S¢otland)
Re8ulalion5 2006. Afr ￿&thin*110n ineludes o review of Ihe ￿UntIl1& T¢¢ord5 kepi by the diarity and
eomparlson of the finanGial Jlalemenls pr¢senied with th05¢ Yecords. It also includes ¢onsideraiion ofany
iUIUSUAI Ilems or disclosurcs in the finan¢ial sl•iements. and seeks ¥xplanalions from the Trustees
con¢¢Tnin8 siich matters. The procedLir¢$ iindertgken do not provide all ihe evidence that would b¢
rcquired in audit. and ¢onsequently I do nol expr¢53 #n audit opinion on the view given by the Ilnwicial
stat¢ments.
lod¢pendent Exomln•r's S¢il•rn￿t
In the eourst of my eXarhIn￿l0Th, no matter hL8 come lo my ￿￿nTIon
l. thich gives me reftsonubll Caiise to beliqvi Ih4t in ¥ny mlleriol rcsp¢¢t the requlr¢ments',
io keep ac¢ounlin8 recor¢Js in a¢¢ord￿le¢ wllh Section 44(1) la) of tlle 2005 Aci aiid Regulation
4 of ihe 2006 A¢counls R¢sulalions, Bnd
to prepare finonclul Jial¢ments wliiGli gccord wi¢li lh¢ a¢¢ounlin8 records And comply will)
RegUl￿10n 8 ofihe 2LKI6 ArwuDl$ R¢sulations
have not been rnet. or
2. to whlch in my oplnlon. attefttion should be thawn lrt order 10 enable a proper und¢rsiandlThg of the
rjnfincid ststcments to be reached.
The Accoiinling Crew (Scoll￿d) Limited
8 Benview Road
aarksion
Glasgow
G76 7PP
Dale:
Alc)9 Iitskc
P•8¢ 5

## Cartsbrid e Evan elical Church g g 

## **Statement of Financial Activities** (incorporating Income and Expenditure Account) 

_For the Year Ended 31 March 2025_ 

|||Unrestricted Funds|Unrestricted Funds||||
|---|---|---|---|---|---|---|
|||General Designated||Restricted|**Total**|Total|
|||Fund|Fund|Fund|**2025**|2024|
||**Notes**|£|£|£|£|£|
|**Incoming resources**|||||||
|**_From generated funds:_**|||||||
|Voluntary income|**2**|179,896|-|11,793|**191,689**|187,083|
|Investment income|**3**|-|-|-|**-**|-|
|**_From charitable activities_**|||||||
|Church ministries|**4**|-|-|-|**-**|-|
|**Total incoming resources**||179,896|-|11,793|**191,689**|187,083|
|**Resources expended**|||||||
|Charitable activities|**5**|165,055|-|11,903|**176,958**|208,378|
|Governance costs|**8**|120|-|-|**120**|120|
|**Total resources expended**||165,175|-|11,903|**177,078**|208,498|
|**Net incoming/(outgoing) resources**|||||||
|**for the year**||14,721|-|(110)|**14,611**|(21,415)|
|Transfers between funds|**17**|(110)|-|110|**-**|-|
|**Net movement in funds**||**14,611**|**-**|**-**|**14,611**|**(21,415)**|
|Total funds brought forward||436,359|108,765|-|**545,124**|566,539|
|**Total Funds carried forward**||**450,970**|**108,765**|**-**|**559,735**|**545,124**|
||_Notes_|_15 & 18_|_15 & 18_|_16 & 18_|||
|**_Comprising:_**|||||||
|General Fund||450,970|-|-|**450,970**|436,359|
|Revaluation Reserve||-|108,765|-|**108,765**|108,765|
|Restricted Funds - Special Giving Fund||-|-|-|**-**|-|
|||**450,970**|**108,765**|**-**|**559,735**|**545,124**|



The Notes on pages 8 to 15 form an integral part of these financial statements. 

Page 6 



Cartsbridge Evangelical Church
Balance Sheet as ai 3J March 2025
2025
2024
Notes
xed A8Mts
Tangible &ssets
506,827
513,380
Current Aijets
Deblorj
Cash ai bank in hand
io
36,978
23,392
iu,X40
24,843
60,370
35.683
Credllors: f*lling due wi¢hin one year
Net Current (Llobllltl¢g) I AM¢ts
(7,462)
13,939)
52,908
31,744
Credltor•: f•lllng due o(1or one y•ar
12
To¢•1 Net AM¢ts
18
559,735
545,124
Repr￿e￿I•d by:
un￿StriLled Fund8
Restri¢ted Funds
15
16
559.735
545.124
559,735
545.124
The financlal stalernents on pages 8 to 15 were Épproved by the Trustees on .
by the undernoted.,
2025 and si8n¢d on their behalf
Ti'iisiÉe
Tnislee
Thc Nolcs on p8gL8 8 to IS forni an integral part of these fuian¢ial statements.
Page 7

## Cartsbridge Evangelical Church 

## **Notes to the Financial Statements** _for the Year Ended 31 March 2025_ 

## **1. Accounting Policies** 

## _**Accounting Convention**_ 

The financial statements are prepared under the historical cost convention, as modified by the revaluation of certain fixed assets, and in accordance with the Accounting and Reporting by Charities: Statement of Recommended Practice (FRS 102) as amended by Update Bulletin 1, applicable UK Accounting Standards, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006. The principal accounting policies adopted in the preparation of the financial statements are set out below. 

The charity meets the definition of a public benefit entity under FRS 102. 

The Trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern. 

## _**Incoming resources**_ 

All voluntary income and bank interest is accounted for when received apart from income tax recoveries on Gift Aid which are accounted for on an accruals basis. 

## _**Resources expended**_ 

Expenditure is recognised on an accruals basis when a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. 

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. 

Governance costs include those incurred in the governance of the charity and its assets and are primarily associated with constitutional and statutory requirements. 

## _**Tangible Fixed Assets**_ 

Heritable property is stated in the financial statements based on a valuation provided by the Trustees. 

No depreciation has been provided on the church’s heritable property as the Trustees consider that the open market value continues to exceed the valuation as shown in Note 9 on page 12. In other cases, depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: 

Fixtures and Fittings 3 years Equipment 3 years 

In the prior year the Trustees revised the depreciation rates in order to shorten the period over which assets were being depreciated to a more appropriate length of time that better matches the deemed period of use of assets. 

## _**Statement of Financial Activities**_ 

For the purpose of the Statement of Financial Activities as shown on page 6, funds are defined as follows: 

**Unrestricted** funds comprise grants and other income received for the objects of the church without further specified purpose and are available as general funds. 

**Designated** funds represent unrestricted funds which have been earmarked by the Trustees for particular purposes. 

**Restricted** funds comprise income which has been received for the objects of the church and specified for a restricted purpose within these objects by the donor. 

Page 8 



Cartsbrid e Evan elical Church g g 

## **Notes to the financial statements** _for the Year Ended 31 March 2025_ 

|||Unrestricted|Unrestricted||||
|---|---|---|---|---|---|---|
|**2.**|**Voluntary Income**|General|Designated|Restricted|**Total**|Total|
|||Fund|Fund|Fund|**2025**|2024|
|||£|£|£|£|£|
||**_Donations_**||||||
||Offerings & giving|149,782|-|9,940|**159,722**|155,816|
||Tax reclaim|30,114|-|-|**30,114**|27,471|
||Other Income|-|-|1,853|**1,853**|3,796|
|||179,896|-|11,793|**191,689**|187,083|



## **3. Investment Income** 

The church received no investment income in the current or prior year. 

## **4. Income from Charitable activities** 

The church received no income from Charitable activities in the current or prior year. 

## **5. Charitable activities** 

|**_Expenditure_**<br>Direct - Local ministry including personnel costs<br>_(Notes 6 & 7a)_<br>Direct - Other Mission Home and Abroad<br>_(Notes 7c)_<br>Other Charitable Activities, Church Running Costs<br>_(Notes 7b)_<br>**Of which:**<br>General Fund<br>Restricted Fund|Other<br>direct<br>£<br>73,380<br>57,306<br>46,272|**Total**<br>**2025**<br>£<br>**73,380**<br>**57,306**<br>**46,272**|Total<br>2024<br>£<br>77,589<br>76,234<br>54,555<br>||
|---|---|---|---|
||176,958|**176,958**|208,378|
||165,055<br>11,903|**165,055**<br>**11,903**|183,849<br>24,529|
||176,958|**176,958**|208,378|



Page 9 



Cartsbrid e Evan elical Church g g 

## **Notes to the financial statements** _for the Year Ended 31 March 2025_ 

|**6.**<br>**Staff Costs and Expenses**<br>storal Worker<br>th Worker<br>inistry Support Coordinator|Unrestricted|Unrestricted|Restricted<br>Fund<br>£<br>-<br>-<br>-|**Total**<br>**2025**<br>£<br>**13,153**<br>**22,629**<br>**24,876**|Total<br>2024<br>£<br>41,052<br>-<br>23,679|
|---|---|---|---|---|---|
||General<br>Fund<br>£<br>13,153<br>22,629<br>24,876|Designated<br>Fund<br>£<br>-<br>-<br>-||||
||60,658|-|-|**60,658**|64,731|



The number of employees during the year was 3 (2024 - 2). 

Of the £60,658 staff costs and expenses, £4,772 represents social security costs and £7,909 represents other pension and life assurance costs. 

There were no employees who received remuneration of over £60,000 in the period. 

|**7.**<br>**Direct Costs**<br>(a)**_Local Ministries & Activities_**<br>Alpha<br>Service Arrangements & Visiting Speakers<br>Literature & Bible Exhibition<br>Other Local Ministry and Activities<br>(b)**_Property & Resources_**<br>Postage, Stationery & Advertising<br>Heat & Light<br>Buildings & Equipment, Repairs & Renewals<br>Depreciation of Assets<br>Insurance & Professional Fees<br>Cleaning<br>Catering<br>Sundry Running Costs|Unrestricted|Unrestricted|Restricted<br>Fund<br>£<br>-<br>-<br>-<br>-|**Total**<br>**2025**<br>£<br>**2,180**<br>**500**<br>**924**<br>**9,118**|Total<br>2024<br>£<br>2,864<br>650<br>1,845<br>7,499|
|---|---|---|---|---|---|
||General<br>Fund<br>£<br>2,180<br>500<br>924<br>9,118|Designated<br>Fund<br>£<br>-<br>-<br>-<br>-||||
||12,722|-|-|**12,722**|12,858|
||1,432<br>13,902<br>6,107<br>6,552<br>3,227<br>5,165<br>4,801<br>5,086|-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|**1,432**<br>**13,902**<br>**6,107**<br>**6,552**<br>**3,227**<br>**5,165**<br>**4,801**<br>**5,086**|1,079<br>8,780<br>21,177<br>6,552<br>2,936<br>5,624<br>2,989<br>5,418|
||46,272|-|-|**46,272**|54,555|



Page 10 



Cartsbridge Evangelical Church
Notes to the financial statements for the Year Ended 31 ￿￿'ch 2025
Dlreet Costs (eontlnued)
Unrestricted
F￿}dS
Restricted
Funds
Toi
2025
Total
2024
(c) N￿/0￿￿1 and (hyrseas Smpport
The church remitted amounts to UK based charlties al￿ Christian
or8anisations as follows..
All .4r¢ 8er4ryce monthty 8ifts
Illen￿lI0[1aj Mission to Jewish Peopk)
Schemes
Aliernauve (ntis- (vlas8ow City Mission
2,640
1200
1,870
IS157
I￿77
2.420
1.200
1.870
1.490
2.439
1.2CI)
1.870
1.957
1,877
IIM)
The Church remitted amounts to overseas based clwities and
ChTiStian organisatiolls as follo￿5..
Aliem8tiv¢ Gifts- The Re￿8¢ Foun&iicrtL BxD8#10rt
Aliernative Gifts- RIN8ndA
AliernRtive Gifis . Ch8n8e Tomonmi.. U8anda
Rivanda - KiBali Bible School Leadership TAini08
Albania- Supwl for ministy in Vlor
BoliNia- Foundation Totsi Commutiity Ministiies
FrRnce- Paul & An&ta Smith Youth Ministy
Canada- Andrew & Susan Alexander (OM Canada)
"Missionary of the Mooth"
Otlier Mission Expenses
Chan8e Tomo￿015 / JonDy & Dana Aird
The Refv8e Foundation. Bangalore
Aliernati%e Gifts - E8yPt
Ali¢rnativ¢ Gifi5 - K¢ny
Italy- Fabrizio & Elain¢ T￿1
1.820
2.941
I￿20
2941
3,006
6,000
3,000
4,800
6900
2.136
3.482
4.8
4.800
6.900
9.415
2.960
105
10.579
8.233
2.59x1
70
302
2WO
70
5,(K)O
3,￿0
1.815
1.223
10.8
45.403
I1.￿3
57J06
76.234
Pag¢ 11

Cartsbridge Evangelical Church 

## **Notes to the financial statements** _for the Year Ended 31 March 2025_ 

|**8.**<br>**Governance Costs**<br>Independent Examination Fee<br>**9.**<br>**Tangible Fixed Assets**<br>**_Cost/Valuation_**<br>At 1 April 2024<br>Additions<br>At 31 March 2025<br>**_Depreciation_**<br>At 1 April 2024<br>Charge for year<br>At 31 March 2025<br>**_Net Book Value_**<br>At 31 March 2025<br>At 31 March 2024<br>**Cost/Valuation**comprises the following:|Land &<br>Buildings<br>£<br>506,827<br>-|Fixtures<br>& Fittings<br>£<br>81,102<br>-|**Total**<br>**2025**<br>£<br>120|Total<br>2024<br>£<br>120|
|---|---|---|---|---|
||||Equipment<br>£<br>114,841<br>-|**Total**<br>£<br>**702,770**<br>**-**|
||506,827|81,102|114,841|**702,770**|
||-<br>-|81,102<br>-|108,288<br>6,553|**189,390**<br>**6,553**|
||-|81,102|114,841|**195,943**<br>|
||506,827|-|-|**,**<br>**506,827**|
||506,827|-|6,553|**513,380**|
||||||



The last addition to Land & Buildings was in 2001 when the last church extension was built. Prior to this, the last valuation was in 1993. No valuation has been carried out since then. 

In the opinion of the trustees, the value of the church's freehold land and buildings is not materially in excess of that shown in the financial statements in relation to its religious and charitable use. 

Page 12 



## Cartsbridge Evangelical Church 

## **Notes to the financial statements** _for the Year Ended 31 March 2025_ 

## **10. Debtors: falling due within one year** 

|Prepayments and Other Debtors<br>Income tax reclaim on Gift Aid<br>**Creditors: falling due within one year**<br>Accruals and Other Creditors<br>Credit Card|**2025**<br>£<br>5,040<br>31,938|2024<br>£<br>3,007<br>7,833|
|---|---|---|
||**36,978**|10,840|
||**2025**<br>£<br>7,113<br>349|2024<br>£<br>3,512<br>427|
||**7,462**|3,939|



## **11. Creditors: falling due within one year** 

## **12. Creditors: falling due after one year** 

There are no amounts falling due after one year. 

## **13. Transactions with Trustees** 

One Trustee received remuneration during the year by way of salary and expenses amounting to £13,955 (2024 - £43,541). This was in respect of his employment as Pastoral Worker, including work within local schools. 

No other Trustees or any persons connected with them received any remuneration or reimbursed expenses during the year (2024 - Nil). 

## **14. Related Party Disclosures** 

son-in-law and daughter of 

Trustee until 5 June 2024, received 

gifts during the year ended 31 March 2025, as detailed in note 7c, for their personal support. served as missionaries in Canada with OM. 

The church made gifts to _Foundation Totai_ , Scottish Charity No. SC037260. Alastair Fergusson, Trustee until 5 June 2024, is a Director of _Foundation Totai_ . 

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Cartsbrid e Evan elical Church g g 

## **Notes to the financial statements** _for the Year Ended 31 March 2025_ 

|**15. Unrestricted Funds**<br>General Fund<br>**_Designated funds:_**<br>Revaluation Reserve<br>Total Designated Funds<br>Total Unrestricted Funds|Balance at<br>01.04.24<br>£<br>436,359|Incoming<br>resources<br>£<br>179,896|Resources<br>expended<br>£<br>(165,175)|Transfers<br>£<br>(110)|**Balance at**<br>**31.03.25**<br>£<br>**450,970**|
|---|---|---|---|---|---|
||108,765|-|-|-|**108,765**|
||108,765|-|-|-|**108,765**|
|||||||
||545,124|179,896|(165,175)|(110)|**559,735**|



## _**Explanation of funds**_ 

_The General Fund_ encompasses all income and expenditure relating to the primary focus activities of the church, other than those for which funding is restricted. 

_The Designated Assets Fund_ represents the revaluation reserve. 

|**16. Restricted Funds**<br>Special Gifts Fund<br>**Total restricted funds**|Balance at<br>01.04.24<br>£<br>-|Incoming<br>resources<br>£<br>11,793|Resources<br>expended<br>£<br>(11,903)|Transfers<br>£<br>110|**Balance at**<br>**31.03.25**<br>£<br>**-**|
|---|---|---|---|---|---|
||-|11,793|(11,903)|110|**-**|



## _**Explanation of funds**_ 

_Special Gifts Fund_ - represents gifts received for onward remittance to specific individuals and organisations or towards any cost as requested by the donors. 

|**17. Transfers**<br>Transfers to 'top-up' gifts made from the Restricted Fund paid by the<br>church.|Unrestricted|Unrestricted|Restricted<br>Fund<br>£<br>110|
|---|---|---|---|
||General<br>Fund<br>£<br>(110)|Designated<br>Fund<br>£<br>-||
||(110)|-|110|



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Cartsbrid e Evan elical Church g g 

## **Notes to the financial statements** _for the Year Ended 31 March 2025_ 

|||Unrestricted|Unrestricted||||
|---|---|---|---|---|---|---|
|**18.**|**Analysis of Net Assets by Funds**|General|Designated|Restricted|**Total**|Total|
|||Fund|Fund|Fund|**2025**|2024|
|||£|£|£|£|£|
||**Fixed Assets**|398,062|108,765|-|**506,827**|513,380|
||**Current Assets**||||||
||Debtors and prepayments|36,978|-|-|**36,978**|10,840|
||Cash at bank and in hand|23,392|-|-|**23,392**|24,843|
||**Current Liabilities**||||||
||Creditors and accruals|(7,462)|-|-|**(7,462)**|(3,939)|
||**Long Term Liabilities**||||||
||Creditors|-|-|-|**-**|-|
||**Net Assets**|450,970|108,765|-|**559,735**|545,124|



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