**COMPANY REGISTRATION NUMBER: SC390765 CHARITY REGISTRATION NUMBER: SC004545** ## **Harvest Ministries Limited Company Limited by Guarantee Unaudited Financial Statements 31 December 2025** **RITSONS** Chartered accountants 26-30 Marine Place Buckie Moray AB56 1UT ## **Harvest Ministries Limited** ## **Company Limited by Guarantee** ## **Financial Statements** ## **Year ended 31 December 2025** ||**Page**| |---|---| |Trustees' annual report (incorporating the director's report)|**1**| |Independent examiner's report to the trustees|**5**| |Statement of financial activities (including income and|| |expenditure account)|**7**| |Statement of financial position|**8**| |Notes to the financial statements|**9**| |**The following pages do not form part of the financial statements**|| |Detailed statement of financial activities|**18**| |Notes to the detailed statement of financial activities|**20**| ## **Harvest Ministries Limited** ## **Company Limited by Guarantee** ## **Trustees' Annual Report (Incorporating the Director's Report)** ## **Year ended 31 December 2025** The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 December 2025. ## **Reference and administrative details** **Registered charity name** Harvest Ministries Limited **Charity registration number** SC004545 **Company registration number** SC390765 **Principal office and registered** Harvest Centre **office** Castle Street Banff Aberdeenshire AB45 1DH **The trustees** J C Ewen Pastor R W McArthur J Strachan (Resigned 8 February 2025) Mrs S Clark J N Stephen **Company secretary** Mrs S Clark **Independent examiner** A Anderson C.A. 26-30 Marine Place Buckie Moray AB56 1UT **- 1 -** ## **Harvest Ministries Limited** ## **Company Limited by Guarantee** ## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_ ## **Year ended 31 December 2025** ## **Structure, governance and management** ## **Governing Document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The constitution of the Riverside Christian Church was originally agreed in February 1984 and subsequently amended on 12th August 2001. The current and fixed assets were transferred to Harvest Ministries Limited on 23rd December 2010 and in 2016 the church became known locally as the River Church Harvest Ministries Limited is a company limited by guarantee and therefore governed by its Memorandum and Articles of Association. It is also a charity. ## **Recruitment and appointment of new trustees** Trustees are appointed by Church members on the recommendation of Church Leaders. ## Activity Risk Assessment Church activities and use of facilities by members of the public are covered by Public Liability Insurance. Organisations renting Harvest Centre are required to have their own Public Liability insurance cover. Health and safety procedures are in place and regularly reviewed. ## Trustee Meetings Trustee meetings are held on a regular basis to review the finance and material assets of Harvest Ministries Limited. ## Government The government of the Church is the responsibility of the Pastors and elders whose appointment is endorsed by the church members. ## **Objectives and activities** 1. The advancement of the Christian faith as laid down in the Bible (Old and New Testament) 2. Other charitable activities that further the attainment of objective 1. **- 2 -** ## **Harvest Ministries Limited** ## **Company Limited by Guarantee** ## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_ ## **Year ended 31 December 2025** ## **Achievements and performance** ## **Charitable activities** Our Sunday services and all other meetings for all ages continue to be well attended. Network events, when the churches in Aberdeen, Banff and Elgin come together, are also held regularly throughout the year. We are committed to serving our local community. In Banff, this year, we have continued to maintain and develop: - The Well Café - open on a Friday morning as a place of welcome to meet and belong. - Harvesters - for the over 60's to continue embracing life's opportunities. - Food Bank - open twice a week with support from other churches, businesses and local government. Our premises are also used by other community groups. Work with children and young people is an important part of our ministry. A new initiative this year has been the setting up of an ASN kids church. This has been well received and we look forward to developing it further. The church in Elgin is now operating independently as a registered charity and limited company. We continue to benefit from the work of many volunteers, without which we would be unable to provide and fund much of our work. Our work with Revive Ministries UK continues. We had a week of special events in Banff in June. We are also developing links with a church in Germany and have welcomed a visiting team to Banff, as well as sending a local team to Germany. We have one of our members currently living in Germany and working with the church. **- 3 -** ## **Harvest Ministries Limited** ## **Company Limited by Guarantee** ## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_ ## **Year ended 31 December 2025** ## **Financial review** ## **Reserves Policy** Harvest Ministries Limited operates two types of Reserve. A General Reserve with a balance at the end of the year of £84,775 (2024: £115,386), is used to fund day to day operations, and a Restricted Reserve with a balance at the year end of £608,817 (2024: £612,649), which has been received for a specific purpose or project. The Restricted Reserve is subdivided into funds that reflect the purpose for which the finance was received and any conditions attached to its use. Full details of the financial transactions for the year to 31 December 2025 are contained in the attached accounts. The total incoming resources for the year to 31 December 2025 were £256,619 (2024: £354,348) and the resources expended were £291,062 (2024: £456,709) resulting in a net deficit of £34,443 (2024: £102,361). The charity's incoming resources of £256,619 (2024: £354,348) includes amounts receivable under Gift Aid amounting to £31,342 (2024: £34,011) and donation income of £75,596 (2024: £133,129). ## **Funds in deficit** The current level of giving by the church membership is adequate for current activities. However, with the on-going needs of the buildings and the vision to extend the outreach of the church into the local communities, the leadership are aware of the need to raise the level of giving. Opportunities are always being sought to raise funds from other sources. ## **Plans for future periods** ## **Future Plans** We have plans to embark on a program of repairs and maintenance work in 2026, including redecorating in Harvest Centre, repairs to roof soffits and resurfacing the car park. Fundraising is ongoing locally and grant applications are being submitted. ## **Small company provisions** This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. The trustees' annual report was approved on 10 June 2026 and signed on behalf of the board of trustees by: ## Pastor R W McArthur Pastor R W McArthur Trustee **- 4 -** ## **Harvest Ministries Limited** ## **Company Limited by Guarantee** ## **Independent Examiner's Report to the Trustees of Harvest Ministries Limited** ## **Year ended 31 December 2025** I report to the trustees on my examination of the financial statements of Harvest Ministries Limited ('the charity') for the year ended 31 December 2025. ## **Responsibilities and basis of report** As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities and Trustee Investment (Scotland) Act 2005 (‘the 2005 Act’), the Charities Accounts (Scotland) Regulations 2006 (as amended) and the Companies Act 2006 (‘the 2006 Act’). You are satisfied that the accounts of the company are not required by charity or company law to be audited and have chosen instead to have an independent examination. Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts carried out under section 44(1)(c) of the 2005 Act. In carrying out my examination I have followed the requirements of Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended). ## **Independent examiner's statement** Since the charity is required by company law to prepare its accounts on an accruals basis and is registered as a charity in Scotland your examiner must be a member of a body listed in Regulation 11(2) of the Charities Accounts (Scotland) Regulations 2006 (as amended). I can confirm that I am qualified to undertake the examination because I am a registered member of ICAS which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act, section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; or 2. the financial statements do not accord with those records or with the accounting requirements of Regulation 8 of the Charities Accounts (Scotland) Regulations 2006; or 3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or 4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). **- 5 -** ## **Harvest Ministries Limited** ## **Company Limited by Guarantee** **Independent Examiner's Report to the Trustees of Harvest Ministries Limited** _**(continued)**_ ## **Year ended 31 December 2025** I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. A Anderson A Anderson C.A. Independent Examiner 10 June 2026 26-30 Marine Place Buckie Moray AB56 1UT **- 6 -** ## **Harvest Ministries Limited** ## **Company Limited by Guarantee** ## **Statement of Financial Activities (including income and expenditure account)** ## **Year ended 31 December 2025** ||||**2025**||2024| |---|---|---|---|---|---| |||Unrestricted|Restricted||| |||funds|funds|**Total funds**|Total funds| ||**Note**|**£**|**£**|**£**|£| |**Income and endowments**|||||| |Donations and legacies|**4**|159,083|57,470|216,553|318,442| |Charitable activities|**5**|13,279|4,700|17,979|14,640| |Other trading activities|**6**|–|4,644|4,644|–| |Other income|**7**|8,872|8,571|17,443|21,266| |||--------------------------------|---------------------------|--------------------------------|--------------------------------| |**Total income**||181,234|75,385|256,619|354,348| |||================================|===========================|================================|================================| |**Expenditure**|||||| |Expenditure on raising funds:|||||| |Costs of raising donations and|||||| |legacies|**8**|42,634|46,283|88,917|148,206| |Expenditure on charitable activities|**9,10**|162,623|39,522|202,145|308,503| |||--------------------------------|---------------------------|--------------------------------|--------------------------------| |**Total expenditure**||205,257|85,805|291,062|456,709| |||================================|===========================|================================|================================| |||--------------------------------|---------------------------|--------------------------------|--------------------------------| |**Net expenditure**||(24,023)|(10,420)|(34,443)|(102,361)| |||================================|===========================|================================|================================| |Transfers between funds||(6,588)|6,588|–|–| |||--------------------------------|---------------------------|--------------------------------|--------------------------------| |**Net movement in funds**||(30,611)|(3,832)|(34,443)|(102,361)| |**Reconciliation of funds**|||||| |Total funds brought forward||115,386|612,649|728,035|830,396| |||--------------------------------|--------------------------------|--------------------------------|--------------------------------| |**Total funds carried forward**||84,775|608,817|693,592|728,035| |||================================|================================|================================|================================| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. **The notes on pages 9 to 16 form part of these financial statements.** **- 7 -** ## **Harvest Ministries Limited** ## **Company Limited by Guarantee** ## **Statement of Financial Position** ## **31 December 2025** |||**2025**|2024| |---|---|---|---| ||**Note**|**£**|£| |**Fixed assets**|||| |Tangible fixed assets|**14**|600,721|627,021| |**Current assets**|||| |Stocks|**15**|1,000|1,000| |Debtors|**16**|11,778|14,394| |Cash at bank and in hand||91,535|102,840| |||--------------------------------|--------------------------------| |||104,313|118,234| |**Creditors: amounts falling due within one year**|**17**|11,442|17,220| |||--------------------------------|--------------------------------| |**Net current assets**||92,871|101,014| |||--------------------------------|--------------------------------| |**Total assets less current liabilities**||693,592|728,035| |||--------------------------------|--------------------------------| |**Net assets**||693,592|728,035| |||================================|================================| |**Funds of the charity**|||| |Restricted funds||608,817|612,649| |Unrestricted funds||84,775|115,386| |||--------------------------------|--------------------------------| |**Total charity funds**|**19**|693,592
================================|728,035
================================| For the year ending 31 December 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors' responsibilities: - The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476; - The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime. These financial statements were approved by the board of trustees and authorised for issue on 10 June 2026, and are signed on behalf of the board by: ## Pastor R W McArthur Pastor R W McArthur Trustee **The notes on pages 9 to 16 form part of these financial statements.** **- 8 -** ## **Harvest Ministries Limited** ## **Company Limited by Guarantee** ## **Notes to the Financial Statements** ## **Year ended 31 December 2025** ## **1. General information** The charity is a public benefit entity and a private company limited by guarantee, registered in Scotland and a registered charity in Scotland. The address of the registered office is Harvest Centre, Castle Street, Banff, Aberdeenshire, AB45 1DH. ## **2. Statement of compliance** These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006. ## **3. Accounting policies** ## **Basis of preparation** The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. ## **Going concern** There are no material uncertainties about the charity's ability to continue. ## **Fund accounting** Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds. **- 9 -** ## **Harvest Ministries Limited** ## **Company Limited by Guarantee** ## **Notes to the Financial Statements** _**(continued)**_ ## **Year ended 31 December 2025** ## **3. Accounting policies** _**(continued)**_ ## **Incoming resources** All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. - legacy income is recognised when receipt is probable and entitlement is established. - income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. - income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. ## **Resources expended** Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: - expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. - expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. - other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. ## **Tangible assets** Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. **- 10 -** ## **Harvest Ministries Limited** ## **Company Limited by Guarantee** ## **Notes to the Financial Statements** _**(continued)**_ ## **Year ended 31 December 2025** ## **3. Accounting policies** _**(continued)**_ ## **Tangible assets** _**(continued)**_ An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities. ## **Depreciation** Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: |Freehold property|-|2% straight line| |---|---|---| |Plant and machinery|-|25% reducing balance| |Fixtures and fittings|-|20% reducing balance| |Office Equipment|-|25% reducing balance| ## **Stocks** Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition. ## **Defined contribution plans** Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises. ## **4. Donations and legacies** ||Unrestricted|Restricted|**Total Funds**|**Total Funds**| |---|---|---|---|---| ||Funds|Funds||**2025**| ||£|£||**£**| |**Donations**||||| |Tithes and offerings|109,615|–||109,615| |Other donations|18,330|57,266||75,596| |Gift aid|31,138|204||31,342| ||--------------------------------|---------------------------||--------------------------------| ||159,083|57,470||216,553| ||================================|===========================||================================| **- 11 -** ## **Harvest Ministries Limited** ## **Company Limited by Guarantee** ## **Notes to the Financial Statements** _**(continued)**_ ## **Year ended 31 December 2025** ## **4. Donations and legacies** _**(continued)**_ ||||Unrestricted|Restricted|Total Funds| |---|---|---|---|---|---| ||||Funds|Funds|2024| ||||£|£|£| ||**Donations**||||| ||Tithes and offerings||151,302|–|151,302| ||Other donations||44,998|88,131|133,129| ||Gift aid||34,011|–|34,011| ||||--------------------------------|---------------------------|--------------------------------| ||||230,311|88,131|318,442| ||||================================|===========================|================================| |**5.**|**Charitable activities**||||| ||||Unrestricted|Restricted|**Total Funds**| ||||Funds|Funds|**2025**| ||||£|£|**£**| ||Church activities||13,279|4,700|17,979| ||||===========================|=======================|===========================| ||||Unrestricted|Restricted|Total Funds| ||||Funds|Funds|2024| ||||£|£|£| ||Church activities||8,755|5,885|14,640| ||||=======================|=======================|===========================| |**6.**|**Other trading activities**||||| |||Restricted|**Total Funds**|Restricted|Total Funds| |||Funds|**2025**|Funds|2024| |||£|**£**|£|£| ||Fundraising events|4,644|4,644|–|–| |||=======================|=======================|==============|==============| |**7.**|**Other income**||||| ||||Unrestricted|Restricted|**Total Funds**| ||||Funds|Funds|**2025**| ||||£|£|**£**| ||Rental income - Banff||4,605|–|4,605| ||Rental income - Elgin||4,267|–|4,267| ||Mission income||–|8,571|8,571| ||||-----------------------|-----------------------|---------------------------| ||||8,872|8,571|17,443| ||||=======================|=======================|===========================| ||||Unrestricted|Restricted|Total Funds| ||||Funds|Funds|2024| ||||£|£|£| ||Rental income - Banff||5,149|–|5,149| ||Rental income - Elgin||16,072|–|16,072| ||Mission income||–|45|45| ||||---------------------------|--------------|---------------------------| ||||21,221|45|21,266| ||||===========================|==============|===========================| **- 12 -** ## **Harvest Ministries Limited** ## **Company Limited by Guarantee** ## **Notes to the Financial Statements** _**(continued)**_ ## **Year ended 31 December 2025** ## **8. Costs of raising donations and legacies** ||||Unrestricted|Restricted|**Total Funds**| |---|---|---|---|---|---| ||||Funds|Funds|**2025**| ||||£|£|**£**| ||Costs of raising donations and legacies||42,634|46,283|88,917| ||||===========================|===========================|===========================| ||||Unrestricted|Restricted|Total Funds| ||||Funds|Funds|2024| ||||£|£|£| ||Costs of raising donations and legacies||17,308|130,898|148,206| ||||===========================|================================|================================| |**9.**|**Expenditure on charitable activities by**|**fund type**|||| ||||Unrestricted|Restricted|**Total Funds**| ||||Funds|Funds|**2025**| ||||£|£|**£**| ||Church core costs||159,087|39,522|198,609| ||Support costs||3,536|–|3,536| ||||--------------------------------|---------------------------|--------------------------------| ||||162,623|39,522|202,145| ||||================================|===========================|================================| ||||Unrestricted|Restricted|Total Funds| ||||Funds|Funds|2024| ||||£|£|£| ||Church core costs||241,670|61,977|303,647| ||Support costs||4,856|–|4,856| ||||--------------------------------|---------------------------|--------------------------------| ||||246,526|61,977|308,503| ||||================================|===========================|================================| |**10.**|**Expenditure on charitable activities by**|**activity type**|||| |||Activities|||| |||undertaken|Support|**Total funds**|Total fund| |||directly|costs|**2025**|2024| |||£|£|**£**|£| ||Church core costs|198,609|44|198,653|305,027| ||Governance costs|–|3,492|3,492|3,476| |||--------------------------------|-----------------------|--------------------------------|--------------------------------| |||198,609|3,536|202,145|308,503| |||================================|=======================|================================|================================| |**11.**|**Net expenditure**||||| ||Net expenditure is stated after charging/(crediting):||||| |||||**2025**|2024| |||||**£**|£| ||Depreciation of tangible fixed assets|||26,642
===========================|30,183
===========================| **- 13 -** ## **Harvest Ministries Limited** ## **Company Limited by Guarantee** ## **Notes to the Financial Statements** _**(continued)**_ ## **Year ended 31 December 2025** ## **12. Staff costs** The total staff costs and employee benefits for the reporting period are analysed as follows: ||**2025**|2024| |---|---|---| ||**£**|£| |Wages and salaries|74,857|74,286| |Employer contributions to pension plans|1,221|1,030| ||---------------------------|---------------------------| ||76,078|75,316| ||===========================|===========================| The average head count of employees during the year was 6 (2024: 6). No employee received employee benefits of more than £60,000 during the year (2024: Nil). ## **13. Trustee remuneration and expenses** The following were paid to the Trustees in the year:- Trustees' salaries £39,000 (2024: £38,700) Trustees' pensions £983 (2024: £974) Trustees' expenses £2,072 (2024: £1,207) ## **14. Tangible fixed assets** ||Freehold|Plant and|Fixtures|Office|| |---|---|---|---|---|---| ||property|machinery|and fittings|Equipment|**Total**| ||£|£|£|£|**£**| |**Cost**|||||| |At 1 January 2025|756,636|123,968|61,690|47,129|989,423| |Additions|–|342|–|–|342| ||--------------------------------|--------------------------------|---------------------------|---------------------------|--------------------------------| |**At 31 December 2025**|756,636|124,310|61,690|47,129|989,765| ||================================|================================|===========================|===========================|================================| |**Depreciation**|||||| |At 1 January 2025|177,312|103,522|51,503|30,065|362,402| |Charge for the year|15,133|5,203|2,037|4,269|26,642| ||--------------------------------|--------------------------------|---------------------------|---------------------------|--------------------------------| |**At 31 December 2025**|192,445|108,725|53,540|34,334|389,044| ||================================|================================|===========================|===========================|================================| |**Carrying amount**|||||| |**At 31 December 2025**|564,191|15,585|8,150|12,795|600,721| ||================================|================================|===========================|===========================|================================| |At 31 December 2024|579,324|20,446|10,187|17,064|627,021| ||================================|================================|===========================|===========================|================================| |**Stocks**|||||| |||||**2025**|2024| |||||**£**|£| |Raw materials and consumables||||1,000|1,000| |||||=======================|=======================| ## **15. Stocks** **- 14 -** ## **Harvest Ministries Limited** ## **Company Limited by Guarantee** ## **Notes to the Financial Statements** _**(continued)**_ ## **Year ended 31 December 2025** ## **16. Debtors** ||**2025**|2024| |---|---|---| ||**£**|£| |Trade debtors|5,524|6,446| |Prepayments and accrued income|6,254|7,948| ||---------------------------|---------------------------| ||11,778|14,394| ||===========================|===========================| |**Creditors:** **amounts falling due within one year**||| ||**2025**|2024| ||**£**|£| |Trade creditors|7,857|13,661| |Accruals and deferred income|2,950|2,950| |Social security and other taxes|635|609| ||---------------------------|---------------------------| ||11,442|17,220| ||===========================|===========================| ## **17. Creditors: amounts falling due within one year** ## **18. Pensions and other post retirement benefits** ## **Defined contribution plans** The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £1,221 (2024: £1,030). ## **19. Analysis of charitable funds** ## **Unrestricted funds** ||At 1 Jan||||**At 31 Dec**| |---|---|---|---|---|---| ||2025|Income|Expenditure|Transfers|**2025**| ||£|£|£|£|£| |General funds|59,703|150,856|(173,505)|(6,681)|30,373| |Designated Fund|55,683|30,378|(31,752)|93|54,402| ||--------------------------------|--------------------------------|--------------------------------|-----------------------|---------------------------| ||115,386|181,234|(205,257)|(6,588)|84,775| ||================================|================================|================================|=======================|===========================| ||At 1 Jan||||At 31 Dec| ||2024|Income|Expenditure|Transfers|2024| ||£|£|£|£|£| |General funds|62,388|251,317|(253,574)|(428)|59,703| |Designated Fund|54,421|8,970|(10,260)|2,552|55,683| ||--------------------------------|--------------------------------|--------------------------------|-----------------------|--------------------------------| ||116,809|260,287|(263,834)|2,124|115,386| ||================================|================================|================================|=======================|================================| **- 15 -** ## **Harvest Ministries Limited** ## **Company Limited by Guarantee** ## **Notes to the Financial Statements** _**(continued)**_ ## **Year ended 31 December 2025** ## **19. Analysis of charitable funds** _**(continued)**_ ## **Restricted funds** |**Restricted funds**|||||| |---|---|---|---|---|---| ||At 1 Jan||||**At 31 Dec**| ||2025|Income|Expenditure|Transfers|**2025**| ||£|£|£|£|£| |Harvest Centre, Elgin|144,938|–|(3,891)|3,276|144,323| |Harvest Centre, Banff|132,160|50,446|(49,971)|5,978|138,613| |Trinity Projects|335,551|3,000|(10,004)|(2,666)|325,881| |Antioch Ministries|–|21,939|(21,939)|–|–| ||--------------------------------|---------------------------|---------------------------|-----------------------|--------------------------------| ||612,649|75,385|(85,805)|6,588|608,817| ||================================|===========================|===========================|=======================|================================| ||At 1 Jan||||At 31 Dec| ||2024|Income|Expenditure|Transfers|2024| ||£|£|£|£|£| |Harvest Centre, Elgin|146,899|3,042|–|(5,003)|144,938| |Harvest Centre, Banff|216,714|87,719|(182,216)|9,943|132,160| |Trinity Projects|349,974|3,300|(10,659)|(7,064)|335,551| |Antioch Ministries|–|–|–|–|–| ||--------------------------------|---------------------------|--------------------------------|-----------------------|--------------------------------| ||713,587
================================|94,061
===========================|(192,875)
================================|(2,124)
=======================|612,649
================================| ## **20. Analysis of net assets between funds** ||Unrestricted|Restricted|**Total Funds**| |---|---|---|---| ||Funds|Funds|**2025**| ||£|£|**£**| |Tangible fixed assets|28,016|572,705|600,721| |Current assets|68,201|36,112|104,313| |Creditors less than 1 year|(11,442)|–|(11,442)| ||---------------------------|--------------------------------|--------------------------------| |**Net assets**|84,775|608,817|693,592| ||===========================|================================|================================| ||Unrestricted|Restricted|Total Funds| ||Funds|Funds|2024| ||£|£|£| |Tangible fixed assets|36,734|590,287|627,021| |Current assets|95,872|22,362|118,234| |Creditors less than 1 year|(17,220)|–|(17,220)| ||--------------------------------|--------------------------------|--------------------------------| |**Net assets**|115,386|612,649|728,035| ||================================|================================|================================| **- 16 -**