Docusign Envelope ID: DB1BD282-7C5E-41D6-B1E3-FD264AD25A3E
_Scottish Charity No._ SC052822
## **Granton Baptist Church SCIO**
Trustees’ Report and Financial Statements _For the year ended 30 September 2024_
Docusign Envelope ID: DB1BD282-7C5E-41D6-B1E3-FD264AD25A3E
## Granton Ba tist Church SCIO p
**Contents of the Financial Statements** _for the year ended 30 September 2024_
||Page|
|---|---|
|Report of the Trustees|1 - 2|
|Report of the Independent Examiner|3|
|Receipts and Payments Account|4|
|Statement of Balances|5|
|Notes to the Financial Statements|6 - 8|
Docusign Envelope ID: DB1BD282-7C5E-41D6-B1E3-FD264AD25A3E
## Granton Ba tist Church SCIO p
## **Report of the Trustees** _for the year ended 30 September 2024_
The Trustees are pleased to present their report together with the financial statements of the church for the year ended 30 September 2024.
**Registered office Bankers Solicitors** 99 Crewe Road North Royal Bank of Scotland Messrs MacRoberts Edinburgh 36 St Andrew Square 152 Bath Street EH5 2NW Edinburgh Glasgow EH2 2YB G2 5TB
## **Status of Charity and governing document**
Granton Baptist Church SCIO (SC052822) is a Scottish Charitable Incorporated Organisation (SCIO) and is established by Constitution. It was registered in its current legal form on 19 September 2023. The charity was previously an Unincorporated Organisation, Granton Baptist Church (SC005818). The assets of the unincorporated organisation are in the process of being transferred to the SCIO.
## **Aims and affiliation**
The aims of the church are in line with its Mission Statement – _“The making and maturing of disciples of Jesus Christ in the power of the Holy Spirit to the glory of God”_ . The church is affiliated to the Baptist Union of Scotland.
## **Trustees and Office Bearers**
The church is congregational in policy and its day to day running is undertaken by the Office Bearers and the Deacons Court. The Deacons Court comprises the Pastor/s and Deacons. The Office Bearers who served during the year and to the date of this report were as follows:
## _Trustees/Deacons Court_
Title deeds to the properties owned by the Church or in which the Church has a secured interest are held in the name of the Church.
## **Appointment of Trustees**
Trustees, who are also elected deacons, are appointed by the Church on a rolling 6-year appointment. The deacons/trustees are appointed by the church fellowship (deacon’s elections are held every 2 years). Prior to their appointment, new Trustees/Deacons 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**
During the year, the church met regularly for worship and carried out various activities in pursuit of the above stated aims. During the year, the church membership remained at 63.
## In relation to **activities** :
- Training/teaching young people through the work of Junior Church.
- Taking part in the Care Van Project run by Bethany and Edinburgh City Mission, providing hot soup, rolls and clothing to homeless persons.
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Docusign Envelope ID: DB1BD282-7C5E-41D6-B1E3-FD264AD25A3E
## Granton Ba tist Church SCIO p
## **Report of the Trustees** _for the year ended 30 September 2024_
## **Achievements and performance (continued)**
- House groups held fortnightly or monthly offering fellowship, prayer and encouragement.
- Support to local community through provision of food products through ‘Food Bank Plus’.
- Support to local community ‘incomers’ through ‘Fresh Start’, providing basic household products and utensils.
- Topspin table tennis continues to operate as an outreach to men in the local area, meeting on Monday evenings.
- Brew and Blether replaces Wellbeing Space.
## In relation to **funding** :
- Continued monitoring of income and expenditure particularly with respect to salaries, electricity, gas and water.
- Special offerings taken on anniversary weekend with tithe given to a known previously approved work.
- A careful check is kept on increased costs of pensions, repairs and fuel.
The Church is grateful to have received a legacy from the estate of a former member, which we hope to direct towards specific projects.
## **Financial review**
## _**Principal sources of funding**_
The church receives its funding by way of weekly offerings and gift aid donations.
## _**Results for the year**_
The financial statements for the year are set out in pages 4 to 8. The Receipts and Payments Account on page 4 reflects a deficit of £27,790 (2023: surplus of £72,226).
## _**Reserves**_
It is the policy of the church to maintain unrestricted funds at a level which equates to approximately three months unrestricted expenditure that allows sufficient funds to enable the ongoing work of the church to be maintained. The General Fund on page 4 at 30 September 2024 amounted to £126,948 (2023: £152,421), which is above the required level.
Total reserves, including restricted funds, amounted to £134,863 (2023: £162,653).
## **Donations and gifts**
The church makes donations from its tithed gift income to individuals and organisations that are generally known to the Trustees and the church. The beneficiaries are involved in activities or ministries compatible with the church’s objectives.
## _**Approved by Trustees and signed on their behalf by:**_
_Date: 20 June 2025_
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Docusign Envelope ID: DB1BD282-7C5E-41D6-B1E3-FD264AD25A3E
## Granton Baptist Church SCIO
## **Report of the Independent Examiner to the Trustees** _for the year ended 30 September 2024_
I report on the accounts of the church for the year ended 30 September 2024 which are set out on pages 4 to 8.
## **Respective responsibilities of trustees and examiner**
The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts 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 statement**
My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended). An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
## **Independent Examiner’s Statement**
In the course of 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 (as amended), and
- to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations (as amended)
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.
Innes & Partners Limited Chartered Certified Accountants
Innes House 18 Shairps Business Park Houstoun Road Livingston EH54 5FD
_Date: 20 June 2025_
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Docusign Envelope ID: DB1BD282-7C5E-41D6-B1E3-FD264AD25A3E
## Granton Baptist Church SCIO
**Receipts and Payments Account** _for the year to 30 September 2024_
|||**General**|**Restricted**|**2024**|**2023**|
|---|---|---|---|---|---|
|||**fund**|**funds**|**Total**|**Total**|
|**Receipts**||**£**|**£**|**£**|**£**|
|Gift aided donations||29,027|-|**29,027**|40,513|
|Freewill offerings||4,030|-|**4,030**|7,907|
|Open offerings||5,855|-|**5,855**|4,745|
|Special offerings||6,481|-|**6,481**|4,395|
|Legacy income||22,410|-|**22,410**|91,820|
|Baptist Union resource grant||-|6,030|**6,030**|6,030|
|Foodbank income||-|3,254|**3,254**|9,194|
|Gift Aid reclaimed||7,278|-|**7,278**|6,736|
|Hall hire||7,342|-|**7,342**|5,772|
|Other donations||3,135|-|**3,135**|1,250|
|Bank interest||1,129|-|**1,129**|1,577|
|Sundry income||377|-|**377**|271|
|**Total receipts**||**87,064**|**9,284**|**96,348**|180,210|
|**Payments**||||||
|Staff costs|**3**|30,537|17,255|**47,792**|29,043|
|Pulpit supply||389|-|**389**|595|
|Manse repairs||8,456|-|**8,456**|3,360|
|Church repairs and maintenance||7,079|-|**7,079**|6,955|
|Utilities||18,020|-|**18,020**|7,538|
|Council tax and water rates||5,505|-|**5,505**|1,400|
|Insurance||4,175|-|**4,175**|4,125|
|Office costs||4,401|-|**4,401**|4,772|
|Equipment||272|-|**272**|19,658|
|Cleaning costs||5,083|-|**5,083**|5,368|
|Youth expenditure||50|-|**50**|79|
|Fellowship costs||3,583|-|**3,583**|1,923|
|Foodbank costs||-|4,453|**4,453**|6,172|
|Grants and donations|**4**|2,603|-|**2,603**|5,778|
|Baptist Union payments||2,400|-|**2,400**|2,400|
|Professional fees||5,255|-|**5,255**|5,552|
|Independent examination fees||726|-|**726**|660|
|Other expenditure||2,778|1,118|**3,896**|2,606|
|**Total payments**||**101,312**|**22,826**|**124,138**|107,984|
|**Net (decrease) / increase in cash before transfers**||**(14,248)**|**(13,542)**|**(27,790)**|72,226|
|**Transfer between funds**||**(11,225)**|**11,225**|**-**|-|
|**Net (decrease) / increase in cash for the year**||**(25,473)**|**(2,317)**|**(27,790)**|72,226|
|**Cash balance brought forward**||**152,421**|**10,232**|**162,653**|90,427|
|**Cash balance carried forward**||**126,948**|**7,915**|**134,863**|162,653|
Page 4
Docusign Envelope ID: DB1BD282-7C5E-41D6-B1E3-FD264AD25A3E
## Granton Baptist Church SCIO
**Statement of Balances** _as at 30 September 2024_
|**Notes**
**Opening**
**2024**
**(Deficit)**
**Closing**
**balance**
**for year**
**balance**
**£**
**£**
**£**
**Total cash balances**
**162,653**
**(27,790)**
**134,863**
**Represented by:**
**Unrestricted fund**
**5**
General fund
**Restricted funds**
Basic Bank upkeep fund
**6**
126,948
6,051
Picks and Sticks fund
246
Social responsibility fund
Community worker fund
1,618
-
**134,863**
**Statement of assets at 30 September 2024**
**Properties (at valuation)**
Church halls, 28/29 Crewe Road Gardens, Edinburgh
450,000
Church auditorium, 99 Crewe Road North, Edinburgh
450,000
Manse, 6 Grigor Gardens, Edinburgh
400,000
**1,300,000**
**Gift Aid reclaim**
**9,782**
**Statement of liabilities at 30 September 2024**
Tax and payroll creditors
879
Accounting fees
1,560
Independent examination fee
780
**3,219**|
**Opening**
**2024**
**(Deficit)**
**Closing**
**balance**
**for year**
**balance**
**£**
**£**
**£**|
**Opening**
**2024**
**(Deficit)**
**Closing**
**balance**
**for year**
**balance**
**£**
**£**
**£**|**Opening**
**2023**
**Surplus**
**Closing**
**balance**
**for year**
**balance**
**£**
**£**
**£**|**Opening**
**2023**
**Surplus**
**Closing**
**balance**
**for year**
**balance**
**£**
**£**
**£**|
|---|---|---|---|---|
||**162,653**
**(27,790)**
**134,863**||90,427
72,226
162,653||
|||126,948
6,051
246
1,618
-||152,421
7,250
246
3,226
-|
|||**134,863**||163,143|
|||450,000
450,000
400,000||450,000
450,000
400,000|
|||**1,300,000**||1,300,000|
||||||
|||**9,782**||3,376|
|||879
1,560
780||188
400
726|
|||**3,219**||1,314|
The financial statements on pages 4 to 8 were approved by the Trustees on 20 June 2025 and signed on their behalf by the undernoted:
The notes on page 6 to 8 form part of these financial statements.
Page 5
Docusign Envelope ID: DB1BD282-7C5E-41D6-B1E3-FD264AD25A3E
## Granton Baptist Church SCIO
**Notes to the Financial Statements** f _or the year ended 30 September 2024_
## **1. Accounting policies**
## _**Accounting convention**_
The financial statements have been prepared under the historical cost convention, and in accordance with the Charities Accounts (Scotland) Regulations 2006 (as amended).
## _**Basis of financial statements**_
The financial statements have been prepared on a receipts and payments basis.
## **Receipts and Payments Account**
For the purpose of the Receipts and Payments account as shown on page 4, 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.
**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.
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Docusign Envelope ID: DB1BD282-7C5E-41D6-B1E3-FD264AD25A3E
## Granton Baptist Church SCIO
## **Notes to the financial statements** _for the year ended 30 September 2024_
**2. Transactions with Trustees and related parties**
No Trustees received remuneration for their position as Trustees during the year to 30 September 2024 (2023: nil). 3 (2023: 2) Trustees received reimbursement for Church expenses during the year totalling £5,038 (2023: £749). Rev Gordon Weir is employed as the Pastor of the church and is also a Trustee. During the year he received £26,667 (2023: nil) as salary and £451 (2023: nil) as pension contributions. These are in relation to his position as Pastor.
There were no transactions with the related parties during the year (2023: nil).
|**3.**
**Staff costs and numbers**
Gross salaries
Employers pension contributions
Pension deficiency contribution|**General**
**fund**
**£**
28,673
862
1,002|**Restricted**
**funds**
**£**
17,255
-
-|**Total**
**2024**
**£**
**45,928**
**862**
**1,002**|**Total**
**2023**
**£**
27,727
1,304
12|
|---|---|---|---|---|
||**30,537**|**17,255**|**47,792**|29,043|
The average number of employees during the year was 2 (2023: 1).
|**4.**
**Donations**
Ferrywell Youth Project
Edinburgh City Mission
BMS
Bethany Christian Trust
SERA
West Pilton Neighbourhood
Individuals
Syrian Earthquake support
Elgin Baptist Church
Enable Scotland
Tearfund
Social bite Edinburgh
**5.**
**Unrestricted funds**
General fund
**Total unrestricted funds**
**_Explanation of funds_**|**Balance at**
**01.10.23**
**£**
152,421|**General**
**fund**
**£**
633
320
200
200
200
50
1,000
-
-
-
-
-|**Restricted**
**funds**
**£**
-
-
-
-
-
-
-
-
-
-
-
-|**Total**
**2024**
**£**
**633**
**320**
**200**
**200**
**200**
**50**
**1,000**
**-**
**-**
**-**
**-**
**-**|**Total**
**2023**
**£**
-
320
-
-
-
-
1,635
2,290
750
333
300
150|
|---|---|---|---|---|---|
|||**2,603**|**-**|**2,603**|5,778|
|||**Receipts**
**£**
87,064|**Payments**
**£**
(101,312)|**Transfers**
**£**
(11,225)|**Balance at**
**30.09.24**
**£**
**126,948**|
||**152,421**|**87,064**|**(101,312)**|**(11,225)**|**126,948**|
|||||||
The _General fund_ represents all income and expenditure relating to the primary focus activities of the charity, other than those for which funding is restricted.
Page 7
Docusign Envelope ID: DB1BD282-7C5E-41D6-B1E3-FD264AD25A3E
## Granton Baptist Church SCIO
**Notes to the financial statements** _for the year ended 30 September 2024_
|**6.**|**Restricted funds**|**Balance at**||||**Balance at**|
|---|---|---|---|---|---|---|
|||**01.10.23**|**Receipts**|**Payments**|**Transfers**|**30.09.24**|
|||**£**|**£**|**£**|**£**|**£**|
||Foodbank +|7,250|3,254|(4,453)|-|**6,051**|
||Picks and Sticks|246|-|-|-|**246**|
||Social responsibility fund|3,226|-|(1,118)|-|**2,108**|
||Community worker|-|6,030|(17,255)|11,225|**-**|
||**Total restricted funds**|**10,722**|**9,284**|**(22,826)**|**11,225**|**8,405**|
## _**Explanation of funds**_
The _Foodbank + (previously known as Basic Bank Upkeep) fund_ represents donations to the church by individuals or other churches specifically for basics bank (food bank). This is then used to pay for the supply of fresh food.
The _Picks and Sticks fund_ represents money raised to help cover the cost of providing music tuition to young people in the community to help bridge the gap between the community and the church.
The _Social Responsibility fund_ represents donations specifically given to support the social responsibility work.
The _Community worker fund_ represents money raised to cover the community worker's salary.
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