Scollish Charty No. SC005860 Whyte's Causeway Baptist Church Tnjstees, Report and Financial Statements For the year ended 30 June 2023 |+P Innes & Partners Chartered CprtMEd AccDUlltant5
Wh e's Causewa Content8 of the Finaneial Statementsfor ihe year ended 30 June 2023 Baptist Church Page Report of Ihe Trusle¢s Report of the Independent Examiner Receipts and Payments Account Ststement of Balances Notes to the FinAn¢ial Statements
Wh te's Causewa Report of the Trustecsfor the year ended 30 June 2023 tist Church The Trustees are pleased to present their rewrt together with the financial statetnents of the Church for the year ended 30 June 2023. islcred ot-lice BllkerS Royal Bank of Scotland Kirk¢gLldy Brnnch 23125 Rosslyn Street Kirk¢aldy KYI 3HW St&lus of Charlty And governlng dOCMent Whytes Causeway Baptist Church is established by Constitution. The church is a registered Scoltish Charity (No. SL00511601. A new charity Whyt¢'s Causeway Baplisi Church Kirkcaldy (SL052577) has been sel up to replace the ori8inal Charity. Whyte's CaLiseway Baptisi Church Kirkcaldy is a registered S¢otti4h Lharitable Incorporated Organisalion (SCIO). Th¢ assets for th¢ old charity are in ih¢ proce55 of being transferred over to the new Charity. Almj and arrilivdilon Thc airns of the church ar¢ in lin¢ with its Mission St&temenl - The makins and mulurinR ofdisciples o]Jesxs Chri.Tt ihe power o/ ik Holy Spiril lo ihe glory of G(xl" The church Is affiliated lo Ihe Baptist Union of Scotland. Trustees and Office Beorer8 Thc churl'h is congrL'g&iional in p)li¢y and its day to day running is undertaken by lh¢ 01CC Bearers and the tkacons Court, The Deacons Court comprises the Pastor/s and Deacons. The Office Bearers who served during Ili¢ y¢Jr diid t() IIIL ddtL ()r thi% rci)()11 wLrL f(.)11()Ivs'. Title deeds to the pmperties owned by the Church are held in the names of the TTU5tees of the Church. Appointment of Trustees D¢a¢ons and Trustees ar¢ el¢¢t¢d ihrou8h a process of nomination and a secondins with a vote takin8 pl&ce yearly t the AGM. Aims and objectives The ChurLh's airns and obj¢¢liv¢s are tlie advdiiceinent of the Chrisliaii fdiih priniarily in Kirkcaldy and surrounding districi and also throughoui Scoilaiid and the rest of rhe world by all means consistent with the teachings of the Christian Bible inclLiding-. worship, minislryy mission and witness. prayer, education, Community s¢rvice, the support of agencies and individua15 and other charitable organisations involved in Christian missionary work, lief of poverty 8nd oth¢r social needs. Page I
Wh te's Causewa Baptist Church Report of the Tru5teesfor the year ended 30 June 2023 Achievements and perforrnAnee Sunday Worship weekly Traininglteaching young people through the work of Sunday School (younger children) weekly Youth Church Group (older children) meet every Monday. Weekly Tuesday Moming Praycr and Fcllowsliip - Led by one of our members. it is a quiet space &nd titnc in IlTrc CIILifLh fur pra)crful and 5criplural rcflcctioii. ThursdAy evening Bible Study weekly Friday moming Craft Group weekly Dcacons Mccting onc¢ p¢r month R¥¥ular S¥arLh Group Meelin¥s and munthly prayer Tneeling 10 aclively progres5 th¢ disL¢rnmenl calling of a Pastor to lead the Ministry and outreach of Whyte's Causeway BC Work has been ongoing over the past year towards Inovin8 to becorning a Scottish Charitable Incorporated Organisation. The new charity number is SC052577. The old and new charities have been running concurrently and the dale for the moving of assets and liabilities is 30th Novemb¢r 2023. Plans for the future While in Minislry vacancy there has been a steady increase in Ihe number of people attending regularly both in Sunday worship and group5 during the week. this in turn is showing signs of an increase in income. We hope in due course to call a Minister to Whyte's Causeway BC who will focus on missional growth and outreach into the local community The Youth Church want to integrate with the fellowship and more actiwities are being organised lo bring all a8¢ groups iogeiher. We plan Ir) continue the gmup8 already started 8nd add to these a8 8ppropriaie eg Warni Welcome Space over rhe winter months. Fin4n¢ig1 revlew Principdl.i(Jurces off4ndln8 Th¢ ChUh rcceivcs ils funding by way of weekly offerings, gift aid donations and grants. Re.sMlisfor iheyeftr The financial st8temen15 for the year are sel out in pages 4 to 8. The Receipts and Payments Account on pagc 4 reflects a surylus 01.£18,152 (2022.. d¢fi¢it of £4,737). Re.rerves It is the policy of the church to maintain unrestricted funds at a level which equales lo approximately three months unrestricted expenditure that allows sufficient funds lo enable the ongoing work of the church to be maintained. Thc G¢n¢ral Fund on p&8e 4 al 30 June 2023 amounted to £53.793 (2022.. £37,489). which is abov¢ the required level. Toial reseThes, including restr1cd funds, aTnounted to £77.261 (2022.. £59.109). Donations 8nd gifts The church makes donations fn)rn its tithed gitt income to individuals and organisations that are generally know to the Trustee5 and the chuwh. The ben¢fi¢iaries are involved in a¢tivilies or ministries compatible with the church's objectiv¢s. Approi'ed bj. Tru.flee.s (pn . . 2024 und slgned ort their behalf by.. rusiL'&' i'crclurj, Pa8e 2
Whyte's Causeway Baptist Church Report of the Indep¢nd¢nt Examiner to the Tstee$for the year ep7ded 30.June 2023 I report on the accoun15 of the church for th¢ year ended 30 June 2023 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 accordonee with the temiq of the Charities and Trustee Investment (Scotland) Act 2005 and the Chaiities Accounts {Scotland) Re8ulations 2006 (fts amended). The charity trustees consider thAt the audit requirement of Regulation l O( l ) {d} of the A¢¢ounts RcgLilatlOll5 does not apply. It is my respc)nsibility to examine the accounts as reqLiircd under section 4411) (c) of the Act and to slate whether particular matters have come to my attention. Ba$1$ ofindependent examlner's 5talemenl My examination is CArried out in accordance with Regulation I l of the Charities Accounts (S¢oil&nd) Regulations 2006 (as ainended). An examination includes a review of the accounting re¢ords kept by the charity and a comparison of the Accounts presented with those record5. It also includes Consideration of any unusual items or disclosures in Ihc accounts, and seck5 ¢xplanations from thc Irustecs conccming such matters. The proccdurcs undcrtaken do not provide all thc evidence that would be required in an audi¢ and consequently I do not express an aLidit opinion on the view given by th¢ acGounls. Independent Examlner's Ststement In the course of my examination, no matter ha$ come to my Attention which gives me reasonable cause lo believe thAt in any material respect the requirements.. lo kccp accouilting records in accordaiice with Section 44(1) (a) of ihc 2005 Act and Regulation 4 of the 2006 Accounts Regulations (as ainended), and to Prepare accounts which accord with the accountin8 records and comply with Regul81ion 9 of the 2006 Accounts R¢giilalions (as amended) have not been met, or 2. to whieh, in my opinion, &ttcntion should be drawn in ordcT to cnable A proper understanding of the accounts to be rcached. Innes & Partners Lirn ited Chartered Certified Accounlants Innes Ilouse 18 Shairps Business Park Hou5loun Road Livingston EH54 5FD Date.. 2024 Page 3 |+P Innes & Partners Chartered Certffied ALtountants
Whytes Causeway Baptist Church Receipts 2nd Paymentg Accountfor the year lo 30 June 2023 Generdl Desigted Re%tricted fund fuDd runds 2023 Tothl 2022 Total ReiptS Coveiiants Donations Offerings Miscellaneous income Gift Aid reclaimed Fundrai5in8 activili Bank interest Legacies Grant& 26,518 3,644 2,434 2,018 7,874 938 87 2,160 I,ooi 28,678 4,645 2,434 2,018 7074 938 445 28.592 4,281 2,489 2.333 7,148 358 57 500 1,471 46,871 Total reetipts Payments Staff costs Pulpit Supply Building maintenance Cleaning costs 43,513 358 3,161 47,032 2,041 3,960 1,716 1.473 4,629 2J27 1,235 432 612 2,000 5,662 275 660 658 2,041 3,960 2,916 1.473 4,fi29 2J27 1,235 432 612 2,000 5.662 275 660 658 24,188 1,760 4,197 4,840 1,200 Insurance IT costs Telcphone Catering i flowers Youili expendilure Granis and donations Payroll fees Independent examination fees Miscellanwjus expenditure TotAI paym¢nts Surplusl(deficlt) before traJL4ferg TrAn5fer between funds 2,172 1,210 432 4,320 548 600 4,033 51,608 (4,737) 27,680 15,833 471 1200 1,961 {471) 1,490 28.880 18,152 358 Net increase l (decrease) in e*sh for the year Casb balance brou%ht forward Cash bala¢ Carried fonvard 16J04 358 18,152 (4.737) 37,489 53.793 1,723 2,081 19097 21J87 59,109 77,261 63,846 59,109 Page 4
Whytes Causeway Baptist Church St8tem¢nt of Balances tu at 30 June 2023 otes 2023 Opening Surpllls balAnc¢ for ycftr 2022 ClosIg Opening (Deficit) b4lYdnee bAlanee for year CIosiDg balance Baok bajinces 59,109 18,152 77,261 63,846 (4,737) 59.109 Represented by: Unrestricted funds General fund Dcsignalcd fund Restrieied funds Youth worker fund Building fund 53,793 2,08l 37,489 1.723 19,456 1,931 77.261 18,856 1.041 59,109 StAtemellt of #tI At 30 June 2023 PrOrtIes (At sum in8urcd) Church premises and land Moveuble contents. 2.272.226 64.085 2J36,311 2,272,226 64,085 2,336,311 Gift aid rttl2im due 1,129 1,318 Statement ofiiabilitia *t 30 June 2023 Independent examination fee Outstanding s81uries 726 660 549 726 The findllLial sta(¢ments on pages 4 to 9 w¢r¢ approv¢d by the Trustee5 on siLmed on their behalf bv the undernoted.. 2024 and The notes on pa8e 6 10 9 form part of these financial statements. Page 5
Whyte's Causewa Baptist Church Notes to th¢ Fin&neial Statements for iheyeor ended 30June 2023 l. Accounting poliei Accounting convenlion The financial statements have been prep&red under the historical cost convention, and in R¢¢ordance with the Charities Accounts (Scotland) Regulations 2006 (as amended). Basis offinftncthlslafemeKIs Thc financial st&t¢m¢nts have been prepared on & receipts and payments basis. Receipts and Payments Account For th¢ pUOSe of ihe Receipts and Payments account as Shown on pag¢ 4. fund5 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. Re8trlcted funds comprise in¢om¢ which has bccn received for thc objects of the church and spccificd for restricted purpose within th¢s¢ objcct5 by the donor. 2. Trnnyacliony with Trustees gnd reimbursemenl of expenses There were no iransactions with the Trustees or reimbursement of personal expenses during the year lo 30 June 2023 {2022: nil). 3. Related party trAnsaetlon& There woro no transactions with related parties during the year to 30 June 2023 (2022.. nil). Page 6
Whytes Causeway Baptist Church Notes to the financial 5tatementsfor theyear ended 30 Jwie 2023 4. Staff ¢osts and number General Dejignated Restricted fund fijnd fllnds Total 2023 Total 2022 Gross salaries and cmployer's Nl Pension cottiributions Minisier's expenses 1.886 155 1,886 155 21.172 929 2,087 24,188 2,041 2,041 The average number ot. employees during the year was nil (2022.. 1). S. Donatlons General Desigmted ReStrle fund fund funds Totwl 2023 Totgl 2022 Baptist Union of Scotland BMS World Mission Barnabus Kirkcaldy F'ood Bank Lov¢ Oliv¢r Kirkcaldy Area Reachout Trust MAb Mission Aviation Fellowship Individuals Ukraine support CompE4ssion 1,810 1,322 I,(M)O 60U 450 300 130 50 I,¥io 1,322 1,000 600 4SO 1.760 300 350 300 150 130 50 150 450 780 80 5,662 5,662 4,320 6. Unrestricted funds BAlance at 01.07.2022 Receipts Bglgnce at 30.06.2023 Payments Trafe General fund Designatcd building fund Tulai unnytricied fundy 37,489 1.723 43,513 358 (27.680) 471 53,793 2,081 39,212 43,871 (27,680) 471 55,874 Explanalion oflunds Th¢ Geiieralfund rcpresents all income and expenditure relating to the priinary fulus 4¥tiviti¢s of ihe charity. other than those for which funding is reslricled. The Designaled buildingfvnd represents income and expenditure which the trustees have allocated for building repairs. 7. Restricted funds Balance at 01.07.2022 Balanee at Receipts Payments TraAsfer$ 30.06.2n23 Youth Pastor fund Buildiiig fuiid Total restricted funds 18,856 1,041 19,897 600 2.561 3,161 19,456 1,931 21?87 (1,200) (1,21M)) {471) {471) Page 7
Whytes Causeway Baptist Church Notes to Ihe financial statementsfor th¢ year ended 30 June 2023 7. Restrieted fundg (eontinued) Explanalion offunds The Youih Paslor fynd represents money raised to cover the youth p4StoVs s&l&ry once a suitable candidate has been aDoointed. The Buildingfynd represents tnoney rdised to cover the upkeep and repair of church buildings. Page 8