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Report of the Trustees and Financial Statements
For the year ended 31 August 2025

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Report of the Trustees and Flnanclal Statements
For the year ended 31 August 2025
Contents
Report of the Trustees
Independent Auditors, Report
8-11
Statement of Financial Activities
12
Balance Sheet
13
Statement of Cash Flows
14
Notes to the Financial Statements
15-24
Charity No.. SC005871

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Report of the Trustees and Financial Statement5
Forthe year ended 31 August 2025
Rèport of the Trusteès
The trustees have pleasure in presenting their report for the year ended 31 August 2025.
Objectives and artivities
Central, which was previously called Morningside Baptist Church, is referred to within this report as the
Church. The Church is an unincorporated charity, formed for the worship of God and the promotion of the
evangelical Christian faith and is a member of the Baptist Union of Scotland. There have been no changes to
the charitable purposes since the last annual report. Our vision as a church is to serve the City of Edinburgh.
Our goal is to make disciples of Jesus Christ.
Achievements and Performance
At Centr31 we are as committed a5 ever to our vision to Serve the city, to love one another 35 a church family
and to dedicate our lives to worshipping and following Christ. We continue to have three gatherings each
Sunday (except for the last Sunday in the month where we meet around the city in various community groups
and allow the teaching of Jesus to shape how we live today). We currently have around 20 communitie5
that meet several times each mtsnth ènd on the last Sunday tsf the month. These communities are varied
but endeavour to support one another in living out the teachings of jesus and fulfilling the wider church vision.
The church family ha5 been encoLJraged by 6 of our 5tudent5 and youth choosing to be baptised as a public
declaration of their faith. We have also been encouraged by the number of people engaging with church
meetings and helping to shape our future plans.
We have continued to see large engagement with our young people's ministries and care ministries. We have
seen around 80 students call Central their church this past year with some form of ongoing commitment or
involvement in artivities. We prayed for a number of graduating students who have now dispersed around the
ountry with a core number remaining in the city and maintaining their connection with Central.
The church family came together for a Imeekend at Home. event in October 2024 with a Friday night party and
teilidh to celebrate 130 years of Morningside Baptist Church/central. We were able to reflect on the
faithfulness of God to us through the story of the generations of one family, though it wa5 great to also
interview other church members who could share something of the faithfulness of God as they have grown in
faith and service at Central.
We hosted a children's Easter trail event at Blackford hill which gave a good opportunity to interact and serve
a small part of the local community and seemed to be well received by those inside and outside the church.
For around ten years we have been serving and developin8 relationships with a group of New Scot families.
This year we have been encouraged that their children are beginning to connect with our church familv
through tsur Friday night youth group.

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Report of the Trustees and Financial Statements
Forthe year ended 31 August 2025
Report of the Trustees Icontinuedl
Achievements and Performance Icontinuedl
Our Care ministries continue to 80 from strength to strength and are increasingly a source of support and
encouragement for people experiencing poverty in our city. The Clothesbank*, SoulFood meal, CAP ministry,
Parish Nursing Ministry, Counselling service and the Church café serve hundreds of people each week. It is
both fantastic to meet so much need but alsts alarming to see first-hand how poverty is incre85ing. Presented
in numbers..
Care Ministry Area
Numbers of note
Parish Nursing Service (accredited by
Parish Nurses Ministry UKI
393
Supportive contact with individuals in 2025
Central Ctsunselling Service
lorganisational members of BACPI
954
Counselling sessions offered
CAP (Christians Against Poverty) Debt
Centre
£14.333.20
worth of debt cleared among
30
Clothesbank+
16,719
items of clothing, shoes and bedding given away
Cafe
1700
free soup lunches, many more hot drinks
Soul Food
In excess of 2700
meals labout 60 meals provided on a weekly basis)
These nLJmbers, of course, only give an overview of what 15 happening through our care ministries. So many
lives are being impacted, sometimes in small ways, such as a coat given to someone on a cold day or a hot
meal on a week where food has been hard to come by. But so often the impact goes deeper than this. One
Soul Food guest recount5 how they were not only given 3 meal, but a place to belong. CAP client5 describe
being given the freedom to live life to the full, having been Set free from the trap of debt. It is a true privilege
to be able to seNe our city through these ministries and one we look forward to continuing into the year to
come.
We have also seen challenge and transition in the past year. In April 2025 the Lead Pastor was relieved of his
duties by the eldersltrustees and as such
was
removed as a Trustee of the tharity.

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Report of the Trustees and Financial Statements
Forthe year ended 31 August 2025
Report of the Trusteès Icontlnuedl
Achievements and Performance Icontinuedl
Two other SLT staff members, a married couple, gave notice of leaving having secured a call as Lead Pastors
with Abbeyhill Baptist Church in Edinburgh at the beginning of the calendar year. They left in April 2025. This
Was a time tsf sadness at the loss of two staff members who had served at Central for over ten years, along
with joy for them a5 they followed God's calling in their lives. The call to Abbeyhill was extended to others in
Central to follow the couple to help build up, encourage and revitalise the congregation there. This is in line
with Central's aim to see multiplication of communities of God's people in Edinburgh and beyond. Around ten
household5 felt called to move to Abbeyhill and in May they were sent with the Central's blessing and prayers.
This gave the eldersltrustees an opportunity to re-organise their leadership and governance structure. In
3ddition to the one remaining Senior Leadership Team ISLTI mernber, one staff member 15 Acting Up into the
SLT team. The SLT roles and responsibilities have been reviewed and they have taken on additional
responsibilities on a temporary basis. A new operational executive SLT group of three eldersltru5tees and the
two SLT staff member5 ha5 been established. This group 15 responsible for the day-to-day operational deliverv
of the charity and reports to the wider elderltrustee group. This allows for day-to-day delivery decisions to be
made quicker. and the whole elder/trustee group to focus on wider strateÉy. vision and projects, along with
providing accountability and scrutiny of the operational delivery group.
Financial Review
Overall, there was net expenditure of £28,819 for the year12024'. net income of £29,892) with net expenditure
on unrestricted funds of £41.967 12024.. net inctsme of £66,120), net expenditure ()n designated funds of
£40,56712024.' net expenditure of £40,5671 and net income on restrirted funds of £53,71512024.' net income
of £4,339). The main difference in the results this year compared to last is a decrease in donation income and
an increase in administrative costs.
The Church continues to aim for a balanced budget. In August 2025 the Trustees approved a budget with
income of £654,671 with a deficit of £26,084 which was presented to and agreed by members in September
2025.
The Trustees are grateful for the continued generosity of members giving regular donations. Work continues
to communicate the self-funding nature of the church and enctsurage those members and other5 who consider
Central to be their church to review existing giving or start giving regularly. Efforts will also continue to be
made in cost management, ideally seeking to balance the budget.

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Report of the Trustees and Financial Statement5
Forthe year ended 31 August 2025
Report of the Trustees Icontinuedl
Reserves policy
The trustees are conscious of the need to maintain ￿SerVeS sufficient to enable the Church to pay debts as
they fall due whilst not accumulating more funds than are necessary. The current policy is to hold no less than
the budgeted expenditure for two months, expenditure. This equates to £113.460.
Excluding fixed a55ets, there is free reserves at 31 August 2025 of £164,34012024.. £213,399). This Is above the
Church's reserves policy as efforts continue to be made to balance the income available through donations
with the cost of managing the Chureh and its activities.
Taxation
The Church is a registered Scottish charity and is recognised a5 such by the Hi5 Maje5tV'5 Revenue and CLJStoms
for taxation purposes. Accordingly, the Church is exempt from tax on income and gains to the extent that
these are applied to the charitable object5. No tax charges htve arisen in the charity.
Strurture, governance and management
The Church wa5 formed on 7th October 1894 by Rev J Cumming Brown and nineteen members. The principles
on which the Church was formed are contained in a Covenant agreed at the meeting on 7th October 1894
which is in the relevant Church Minute Book. The Church has a written constitution which has been approved
by the Church members and by the Office of the Scottlsh Charrty Regulator IOSCRI who have a copy of the
constitution.
Trustees
Gareth Clegg (resigned September 20251
Glenda Wintour (resigned january 20251
Duncan Brown
Don Palmer (removed April 20251
Amanda Hamilton
Peter Hsu Iresigned September 20251
Katy Pudnev
Jonathan Wright
Scott Watson
Robin Nelson lappointed March 20261
Lincoln Rozelle lappointed March 20261
Kirsty Watkins (appointed March 20261
The overall leadership structure comprises the elerted elders/trustees who are responsible for the spiritual
oversight of the Church along with the Senior Leadership Team ISLTI led by the Lead Pastor. The ultimate
responsibility for the charity rests with the elders/trustees who delegate operational responsibility to the SLT,
the wider staff team and other volunteers. The eldersltrustees determine the remuneration of the key
management personnel.

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Report of the Trustees and Financial Statement5
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Report of the Trustees Icontinuedl
To ensure financial oversight the eldersltrustees have formed a Finance Committee comprising two
elders/trustees, two members of the SLT and the Church accountant. They review salary proposals for all staff
which have been prepared by the SLT and Accountant. Any salaries where members of that committee have a
conflict are discussed and agreed without them present.
Reeruitmènt, appointmènt, induction and training of Trustees
The eldersltrustees are democratically nominated and elected from the membership on a rolling three year
basis on the votes of the Church members. For governance purposes they are also trustees of the Church. New
elder5/trustees are given a pack of information on the charity and OSCR guidance explaining their role and
specific responsibilities as a trustee. They are developing further annual updates and training on their role as
trustees.
The present eldersltrustees hold the building for the use of the congregation. They are responsible for dealing
with Church property and are the custodian trustees in term5 of the SORP (Statement of Recommended
Prarticel.
The eldersltrustees and staff are considered to have the necessary skills and attributes to fulfil their roles. The
Church receives a range of willing, voluntary help, without which many of it5 activitie5 would be curtailed or
impossible to run.
Risk management
The Trustees maintain a Risk Register which is amended as risks are identified and managed and reviewed
annually. The key risks facing the Church and mitigating factors include..
Financial Controls.. the trustees ensure that suitable financial controls are in place and these are checked
3nnually as part of the external audit.
Vulnerable Groups.. The church operates a strict recruitment policy for all volunteers prior to involvement with
children or vulnerable adults, and compliance is monitored. All individuals working with vulnerable groups are
required to join the Protecting Vulnerable Groups IPVGI scheme.
Major Decisions.. All major projects are discussed and 3pproved by the elders and the Church members in
meeting prior to implementation.
Plans for future periods
In the year ahead here at Central Church we are looking to support our community as we work to Love
Edinburgh, Be Family and Follow Jesus.
We continue to reach outside of our walls through our Care Ministries and our Communities who meet across
our city and aim to share the love of Je5U5 in both word and deed. We are looking to increase overlap between
our Sunday gatherings and the connections made in our scattered spaces, whether Care Ministries or
Communities. We long to point these contacts to jesus and invite and include them in the gathered family as
we learn to follow le5U5 together.

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Report of the Trustees and Financial Statement5
Forthe year ended 31 August 2025
Report of the Trustees Icontinuedl
Plans for future periods Icontinuedl
We continue to meet together regularly as part of our commitment to Being Family and to equip us for our
missional activities wherever we find ourselves during the week so that we may both Love Edinburgh better
and follow Jesus better.
We also continue to be aware that we need to maintain financial vigilance as we consider recruitment and
staffing costs as we are mindful of our income levels through primarily giving, and income from hire of the
building. Ultimately, though, we seek to be good stewards of all the gifts from our members and friends, and
ultimately God, and therefore closely monitor both income and expenditure against budget throughout the
year.
We are in a season of renewal in many areas of church life.. training the teams who run our gathering,. re-
establishing a Prayer and Prophecy team,. making preliminary steps towards renewing our senior team with
5UPPOrt from the Baptist Union of Sctstland.
The difficult decision has been made to move our weekly Soul Food meal to a monthly one. We had difficulty
finding enough volunteers every week to fulfil its full purpose of 'beinE more than just a meal, and building
community. However, by moving to a monthly meal we believe we will be able to feed our guests whilst
spending time with them, deepening the impact of what we are able to do.
We are thrilled at how Significant our externally funded Parish Nursing Ministry ha5 underpinned and
supported our other care ministries. We will be working to secure funding to maintain this vital ministry
beyond August 2026.
In addition to considering senior staffing we are anticipating the appointment of additional elders/trustees at
our AGM in March 2026. We look forward to broadening the leadership team with these new appointments
3nd are praying ahead of the meeting that God would prompt those he ca115 to Serve in this capacity as we
continue through a transitional season.
We are, and will be, continuing to work towards becoming a SCIO in the coming years. We do not anticipate
this will be a quick piece of work that will be completed in 2025-26 as our primary focus will be on renewing
our leadership team through elder elections and recruitment. However, we look forward to considering godlv
governance and best governance practice a5 we initially seek to review and renew our constitution a5 first
steps on the road to becoming a SCIO.
Reference and administrative detail
Charity Name
Central
Charlty Number
SC005871
Church Office and Principal Address
Central Hall, 2 West Tollcross. Edinburgh, EH3 9BP
Auditors
MHA, 6 St Colme Street, Edinburgh, EH3 6AD
Bankers
Bank of Scotland, 8 Morningside Road, Edinburgh

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Report of the Trustees and Financial Statement5
Forthe year ended 31 August 2025
Report of the Trustees Icontinuedl
Trustees. responsibilities statement
The trustees are responsible for preparing the Report of the Trustees. and the financial statements in accordance
with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
The law applicable to charities in Scotland requires the trustees to prepare financial statements for each financial
year which give a true and fair view of the state of affairs of the charity and of the incoming resources and
application of resources of the charity for that period. In preparing these financial statements, the trustees are
required to..
selert suitable acctsunting policies ènd then apply them consistently.,
observe the methods and principles in the Charities SORP 2019 IFRS 1021..
make judgements and estimates that are reasonable and prudent.,
state whether applicable accounting standards have been followed, subject to any material departtJre5
disclosed and explained in the financial ststements,. and
prepare the financial statements on the going concem basis unless it is inappropriate to presume that
the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at
any time the financial position of the charity and to enable them to ensure that the financial statements complv
with the Charity and Trustee Investment5 (Scotlandl Act 2005 and the Charities Account5 IScotl3ndl Regulation5
2006 las amended) and the provisions of the charity's constitution. They are also responsible for safeguarding
the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and
other irregularities.
Approved by the Trustees on 5 May 2026 3nd signed on their beh31f by..
Icdl U)Af
Scott Watson
Trustee

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Report of the Trustees and Financial Statement5
Forthe year ended 31 August 2025
Independent Auditor's Report to the trustees of Central
Opinion
We have audited the financial statements of Central for the year ended 31 August 2025 which comprise the
Statement of Financial Activities, the Balance Sheet, the Statement of Cashflows and notes to the financial
statements. including a summary of significant accounting policies. The financial reporting framework that has
been applied in their preparation is applicable law and United Kingdom Accounting Standzrds, including
Financial Reporting Standard 102 The Financi(Jl Reporting Stand(7rd (7pplicable in the UK ond Republic of
Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the fin3nci31 st3tements'.
give a true and fair view of the state of the Charity's affairs as at 31 August 2025, and of the charity's
incoming resource5 and application of resoLJrce5 for the period then ended.,
have been properly prepared in ateordance with United Kingdom Generally Accepted Atcounting Practice,.
and
have been prepared in accordance with the ￿quIrementS of the Charities and Trustee Investment
1Scotlandl Act 2005 and regulation 8 of the Charitie5 Account51Scotlandl Regulations 2(Kl6.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable
law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the
audit of the financial statements section of our report. We are independent of the charity in accordance with
the ethical requirements that are relevant to our audit of the financial statements in the UK, including the
FRC'S Ethical Standard. and we have fulfilled our other ethical responsibilities in accordance with these
requirements. We believe that the audit evidence we have obt3ined 15 sufficient and appropriate to provide a
basis for our opinion.
Contlusions relating to going Concèrn
In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of
3ccounting in the preparation of the financial 5tatement5 15 appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast 5ignificBnt doubt on the charity's ability to continue as a
going concern for a period of at least twelve months from when the financial statements are authorised for
issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the
relevant sections of this report.

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Report of the Trustees and Financial Statements
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Independent Auditor's Report to the Trustees of Central Icontinuedl
Other information
The other information comprises the information included in the trustees annual report, other than the
financial statements and our auditor's report thereon.The trustees are responsible for the other
information contained within the annual report. Our opinion on the financial statements does not cover the
other inf(>rm8tion and, except to the extent othenNise explicitly stated in our report, we d(> not express any
form of assurance conclusion thereon.
Our responsibilitv IS to read the other information and. in doing so. consider whether the other information is
materially inconsistent with the financial statement5 or our knowledge obtained in the course of the audit or
otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material
mi5Statements. we are required to determine whether this gives rise to a material misstatement in the
financial statements themselves. If, based on the work we have performed, we conclude that there is
material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Matters on whlch we are requlred to report by exceptlon
We have nothing to report in respect of the following matters in relation to which the Charities Accounts
(Scotlandl Regulations 2006 require us to report to you if, in our opinion..
the information given in the financial statements is inconsistent in any material respect with the Report of
the Trustees.. or
proper accounting records have not been kept-, or
the financial Statements are not in agreement with the accounting record5,' or
we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the trustees, responsibilities statement, the tru5tee5 are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair view, and for such
internal control as the trustees determine is necessary to enable the preparation of financial statements that
zre free from material mi55tztement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue
3s a going concern. di5c105ing, a5 applicable, m3tter5 related to going concern and using the going concern
basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no
realistic alternative but to do so.

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Report of the Trustees and Financial Statement5
Forthe year ended 31 August 2025
Independent Auditor's Report to the Trustees of Central Icontinuedl
Auditorfs responsibilities for the audit of the financial statements
We have been appointed as auditor under section 44llllcl of the Charities and Trustee Investment (Scotlandl
Act 2005 and report in accordance with regulations made under that Act.
Our objertives are to (>btain reas(>nable assurance about whether the finaneizl statements ès a whole are free
frorn material misstatement, whether due to fraud or error, and to issue an auditorfs report that includes our
opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in
accordance with ISAS IUKI will always detect a material misstatement when it exists. Misstatements can arise
frorn fraud or error and are considered material if, individually or in the aggregate, they could re850nably be
expected to influence the economic decisions of users taken on the basis of these financial statements.
We design procedures in line with our re5ponsibilitie5, Outlined above, to detect Material misstatements in
respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which
these are capable of detecting irregularitie5, including fraud is detailed below..
Enquiry of management and those charged with governance around actual and potential litigation and
claims,.
Enquiry of charity management and those charged with governance to identify any instances of non-
compliance with laws and regulations.
Performing audit work over the risk of management override of controls. including the testing of
journal entries and other adjustments for 3ppropriatene55, evaluating the rationale of significant
transactions outside the normal course of the charity's activitie5 and reviewing accounting e5tirnates
for bias,.
Reviewing minutes of meetings of those charged with governance,.
Reviewing financial statement disclo%ure5 and testing to supporting dotumentation to assess
compliance with applicable laws and regulations.
Because of the inherent limitation5 of an audit, there is a risk that we will not detect all irregularities, including
those leading to a material misstatement in the financial statements or non-compliance with regulation. This
risk increases the more that compliance with a law or regulation is removed from the events and transactions
reflected in the financial statement5, as we will be les5 likely to become aware of instance5 of non-compliance.
The risk is also greater regarding irregularitie5 occurring due to fraud rather than error, a5 fraud involves
intentional concealment, forgery, collusion. omission or misrepresentation.

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Report of the Trustees and Financial Statement5
Forthe year ended 31 August 2025
Independent Auditor's Report to the Trustees of Central Icontinuedl
Auditorfs responsibilities for the audit of the financial statements Icontinuedl
A further description of our responsibilities is available on the Financial Reporting Council's website at..
https:l/www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditorfs report.
Usè of thè rèport
This report is made solely to the charity's trustees, as a body, in accordance with Regulation 10 of the Charities
Accounts Iscotlandl Regulations 2006. Our audit work has been undertaken so that we might state to the
charity's tru5tee5 those m3tters we are required to state to them in an auditor's report and for no other
purpose. TD the fullest extent permitted by law, we do not accept or assume responsibility to anyone other
than the charity and the Charity's trustees as 8 body, for our audit work, for this report, or for the Opinions we
have formed.
MHA
Statutory Auditor
6 St Colme Street
Edinburgh
EH3 6A0
5 May 2026
MHA is the trading name of MHA ALJdit Services LLP, a limited liability partnership in England and Wales
(registered number OC4555421.
MHA is eligible to uct as on auditor in terms of section 1212 of the Compunies Art2006.

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Report of the Trustees and Financial Statement5
Forthe year ended 31 August 2025
Statement of Financial Activities
Year
ended 31
Aug 2025
Year
ended 31
Aug 2024
Unrestrlrted Deslgnated Restrlcted
Funds
Fund5
Funds
Notes
Income from:
Donations and legacie5
Charitable activities
Other trading activities
Investments
Other income
449,686
111,655
104,905
4,974
113,260
1.204
562,946
112.859
104.905
4,974
623,223
108,288
72,337
3,143
10,000
Total income
671,220
114,464
785,684
816,991
Expenditure on:
Raising funds
Charitable activities
101.953
611,234
101.953
712,550
93.413
693,686
40,567
60,749
Total expenditure
713,187
40,567
60,749
814,503
787,099
Net lexpenditurellincome
and net movement in funds
141,9671
140,5671
53.715
128,8191
29,892
Reconciliation of funds
Total funds brought forward
17
246,599
1,555,354
23,098
1,825,051
1.795,159
Total funds carried fonvard
17
204.632
1,514,787
76,813
1,796,232
1.825.051
The Statement of Financial Activities includes all gains and losses in the period. All income and expenditure derive
from continuing activities.
The notes on pages 15 to 24 form part of these financial statements.

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Report of the Trustees and Financial Statement5
Forthe year ended 31 August 2025
Balance Sheet
Notes
31 Au8
2025
31 Aug
2024
Fixed assets
14
1,555.079
1.588.554
Current assets
Debtors and prepayments
Fixed term deposits
Cash at bank and in hand
15
52.217
104,864
130,349
62.918
101,801
144,116
Total current assets
287,430
308,835
Creditors.. amounts falling due within one year
16
146,2771
172,3381
Net turrént assèts
241,153
236,497
Total assets le55 current liabilitie5
1,796,232
1,825,051
Total net assets
1,796,232
1,825,051
Funds
Restricted funds
Designated funds
Unrestricted funds
17,18
17,18
17,18
76,813
1,514,787
204,632
23,098
1,555,354
246,599
Total funds
1,796,232
1,825.051
The financial statements were approved and authorised for issue by the trustees on 5 May 2026 and signed on
their behalf bv..
cth U)d
Scott Watson
Trustee
The notes on pages 15 to 24 form part of these financial statements.

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Report of the Trustees and Financial Statement5
Forthe year ended 31 August 2025
Reconciliation of net lexpenditurellincome to net cash flow from operating activities
2025
2024
Net fexpenditure)/incomefor the year(¢75 per the SOFAJ
Adjustments for:
Depreciation
Gifts in-kind
Decrease in debtors
IDecrezsel/increa5e in creditors
Gain on sale of fixed assets
Investment income
128,8191
29,892
49,875
49,904
6,000
5.921
45,765
iio,0001
13,1431
10,701
126,0611
14,9741
NetC95h provided by open7ting ortivities
722
124,339
Statement of cash flows
2025
2024
Cash flows from operating activities:
Net cash provided by operating uctivities
722
124,339
Cash flows from Investlng actlvltles..
Investment income
Fixed asset purchases
Fixed asset sale proceeds
4,974
116,4001
3,143
4.000
Net cosh (used inJ/pmvided by investing activities
111,4261
7,143
Chunge In cash und cush equlvolents In the perlod
19
110,7041
131,482
Cash and cash equivalents at the beginning of the period
19
245,917
114,435
Cash and cash equivalents at the end of the period
19
235.213
245,917
Cash and cash equivalent5 comprise..
Fixed term deposits
Cash at bank
104,864
130,349
101,801
144,116
235,213
245,917

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CENTRAL
Report of the Trustees and Financial Statement5
Forthe year ended 31 August 2025
Notes to the financial statements
l Atcountlng Polltles
The significant accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all periods presented unless otherwise stated.
Basls of Actountlng
The financial statements have been prepared on a going concern basis under the historical cost convention.
The financial statements have been prepared in accordance with Accounting and Reporting by Charities..
statement of Recommended Practice applicable to charities preparing their financial statement5 in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021
Issued in October 2019. the Financial Reporting Standard applicable in the United Kingdom and Republic of
Ireland IFRS 1021, the Charities and Trustee Investment Iscotlandl Act 2006, the Charities Accounts
Iscotlandl Regulations 2006 las amended) and UK Generally Accepted Accounting Practice.
The financial 5tatement5 are presented in Sterling which is the functional currency of the ChLJrch 3nd
rounded to the neared £.
Central meets the definition of a publit benefit entity under FRS 102.
Golng Contèrn
The trustee5 have considered the impact of the current economic environment on the financial position and
future performance of the charity. At the time of approving these financial statements, the trustees are
confident that the charity has adequate funds to continue in operational existence. Steps have been taken
to prevent further losses from arising. Trustees have therefore continued to adopt the going concern ba515
of accounting in preparing these financial statements.
Income
Income is recognised when the Church has entitlement to the funds. when it is probable that the income
will be received and the am()unt can be measured reliably.
Donations, legacies and similar incoming resources are included in the period in which they are receivable,
which 15 when the Church become5 entitled to the resource.
Income from charitable activities comprises rent31 income from groups with shared charitable purposes and
income from community artivities which 15 recognised when the Church has delivered the service 3nd 15
therefore entitled to the income.
Income from other tr3ding activttie5 comprise5 rental income from other users of the church premises,
which is recognised in accordance with the use of the property, which is when the Church becomes entitled
to the income.
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by
the ChLJrch,. thi5 15 norm311y upon notification of the interest paid or payable by the Bank.
Expendlture
Expenditure 15 recognised once there is a legal or constructive obligation to make a payment to a third
party, it is probable that settlement will be required and the amount of the obligation can be measured
reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that
aggregate all costs related to the category. Where costs cannot be dirertly attributed to particular headings
they have been allocated to activities on a basis consistent with the use of resources.

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Report of the Trustees and Financial Statement5
Forthe year ended 31 August 2025
Notes to the financial statements Icontinuedl
l Accountlng Polltles leontlnuedl
Expenditure Itontinuedl
Expenditure on raising funds includes costs associated with generating income for the Church through
rental of space within the church building. Expenditure on charitable expenditure includes costs incurred in
supporting the ChLJrch in the delivery of its activities and services.
Charitable expenditure comprises those costs incurred by the Church in the delivery of its activities and
service5 for its beneficiarie5. It includes both costs that can be allocated dirertly to such activities, those
costs of an indirect nature necessary to support them and an allocation of governance costs.
Support cost5 are allocated between governance costs and other support Costs. Governance costs comprise
those costs involving the public accountability of the Church and its compliance with regulations and good
praetite. They therefore include the cost of statutory èudit. Other support COSts relate to the administrative
costs of running the Church and are allocated to charitable activities accordingly.
The Church is not ￿gIstered for VAT and accordin8ly expenditure includes irrecoverable VAT where
appropriate.
Pensions
The Church operates a defined contribution scheme for members of the Church staff. Contributions are
charged to the Statement of Financial Activities in the period to which they relate.
Fixed assets and depreciation
Fixed assets comprise the Church building (Central Hall) and the adjoining shop at 2 Earl Grey Street. These
are included in the balance sheet at tost, including the cost of refurbishment. The Trustees do not consider
there to have been any impairment in the value of the property as stated in the balance sheet. Property is
insured at an estimated full rebuilding cost and is maintained in a good state of repair.
Other fixed assets costing individually more than £1,500 are capitalised at cost and depreciated on a
straight line basis over their estimated useful lives as follows..
Propertv
IT and other electronic equipment
Furniture and fittings
Motor vehicles
50 years
5 years
10 year5
5 years
Dèbtors
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.
Cash at bank and in hand
Cash at bank and in hand includes cash and any short term highly liquid investments with a maturity of
three month5 or le55 from the date of acquisition or opening of the deposit or similar atcount.

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Report of the Trustees and Finarbcial Statement5
Forthe year ended 31 August 2025
Notes to the financial statements Icontinuedl
Aecountlng Polltles Icontlnuedl
Investments
Current a55et investments are fixed term deposits that mature within tsne year.
CredStors and provlslons
Creditors and provision are reeognised where the Church 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 measU￿d or estimated reliably. Creditors and provisions are normally recognised at their
settlement amount after allowing for any trade discounts due.
Financial instruments
The Church only ha5 financial assets and financial liabilities of a kind that quality a5 basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequentlv
measured at their settlement value.
Fund accounting
Unrestricted funds are general funds that are available for use at the trustees, discretion in furtherance of
the general objectives of the Church.
Restricted funds are those donated for use in a particular area or for specific purposes, as specified by the
donor.
Donatlons and legacles
Unrestrlcted
Restrlcted
2025
2024
Donations and gifts
Tax reclaim
389,806
59,880
105,892
7,368
495.698
67,248
540,211
83,012
449,686
113,260
562,946
623,223
Income from donations and legacies of £562,94612024.. £623,2231 comprises £449,68612024: £556,095>
of unrestricted income and £113,26012024.. £67,128) of restricted income.

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Report of the Trustees and Financial Statement5
Forthe year ended 31 August 2025
Notes to the financial statements Icontinuedl
Income from charitable actSvitles
Unrestr5cted
Restrlcted
2025
2024
Rental income
Student and youth weekend income
Other charitable activitie5
82,191
3,825
25,639
82,191
3,825
26,843
75,995
4,416
27,877
1,204
111,655
1.204
112,859
108,288
Income in the previous year related wholly to unrestricted funds.
4 Income from other tradlng actlvltles
UnrestrScted
Restrlcted
2025
2024
Rental income
104,905
104,905
72,337
Income in both year5 relates wholly to unre5trirted funds.
Investment income
Unrestricted
Restricted
2025
2024
Bank interest
4,974
4,974
3,143
Income in both year5 relates wholly to unrestrirted funds.
6 Other Income
Unrestricted
Restricted
2025
2024
Gain on sale of fixed asset5
10,000
Expenditure in both years relates wholly to unrestricted funds.
Cost of ralslng funds
Unrestrltted
Restrlcted
2025
2024
Salary costs
Property cost5
82,384
19,569
82,384
19,569
74.897
18,516
101,953
101,953
93.413
ExpenditLJre in both years relates wholly to unrestricted funds.

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Report of the Trustees and Financial Statement5
Forthe year ended 31 August 2025
Notes to the financial statements Icontinuedl
Expenditure on charitable
activities
Unrestricted Designated
Restricted
2025
2024
Care
Partnerships.. Love Edinburgh &
Wider Mi55ion
Scattered and Gathered
Communities
155,762
26,966
182,728
233,206
29,810
104,198
6,829
25,324
55,134
104,198
10,161
45,282
102,355
16,194
3,332
Totèl direct etssts (note 91
Administration costs (note 101
Property C05t5 (note 111
Governance costs Inote 121
296,599
174,478
133,333
6,824
55,622
5,127
352,221
179,605
173,900
6,824
397,037
125,044
165,495
6,110
40,567
611.234
40,567
60,749
712,550
693,686
Expenditure on charitable activities of £712,55012024.. £693,686) comprises £611,23412024.. £590,330)
of unrestricted expenditure. £40,567 12024.. £40,567) of designated expenditure and £60,749
12024.. £62,789) of restricted expenditure.
Direct tosts
Unrestrlcted
Restricted
2025
2024
Salary costs
Project costs
214,494
82,105
8,256
47,366
222,750
129,471
273,255
123,782
296,599
55,622
352,221
397,037
10 Admlnlstratlve costs
Unrestrlcted
Restricted
2025
2024
Salary costs
Office 5UPPOrt costs
116,865
57,613
116,865
62,740
79,482
45,562
5,127
174,478
5,127
179,605
125,044

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Report of the Trustees and Financial Statement5
Forthe year ended 31 August 2025
Notes to the financial statements Icontinuedl
11 Property costs
Unrestrlcted Deslgnated
Restrlcted
2025
2024
Church running costs
HVI project cost5
Depreciation
124,025
124,025
109,874
5,717
49,904
9,308
40,567
49,875
133,333
40,567
173,900
165,495
12 Governance costs
2025
2024
Audit fee
Account5 fee
5.824
I,o(x)
6.824
6,110
6,110
13 Wagès and salarlès
2025
2024
Wages and salaries
Social security costs
Pension ctssts
401.069
20,879
15,039
410,974
22,902
17,905
436,987
451,781
No employee received emoluments of more than £60,00012024.' None).
The average number of employees during the year was 2912024.. 341.
None of the trustees received any remuneration nor were reimbursed any expenses in their capacity a5
trustees during the year12024.. None). Trustee, Don Palmer, was employed as Lead Pastor and received
salary of £53.342 and pension contributions of £1.914 before leaving in April 2025. A settlement of
£15,064 wa5 P3id to Don Palmer upon his dep3rture. Remuneration of Trustee5 is permitted under
section 16 of the Church Constitution.
The total amount of employee benefit5 received by key management personnel is £162,005 12024..
£190,831). The key management personnel comprise the members of the senior leadership team.
20

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Report of the Trustees and Finarbcial Statement5
Forthe year ended 31 August 2025
Notes to the financial statements Icontinuedl
14
Tangible Fixed Assets
IT and other
electronic
equipment
Heritable
Property
Furniture
and fittings
Total
Cost
As at I September 2024
Additions
2,029,574
13,022
182,063
16,4LKI
2,224,659
16,400
As at 31 Au8U5t 2025
2,029,574
13,022
198,463
2,241,059
Depreciation
As at I September 2024
Charge for the year
474,220
40,567
11.609
339
150,276
8,969
636,105
49,875
As at 31 August 2025
514,787
11,948
159,245
685,980
Net book value
As at 31 August 2025
1,514,787
1,074
39,218
1,555,079
As at 31 Au8U5t 2024
1,555,354
1,413
31,787
1,588,554
15
Debtors
2025
2024
Gift Aid rectsverable
Prepayments
Other debtors
4.400
15,174
32,643
5,797
19,561
37,560
52,217
62,918
16
Credltors: amounts falllng due wlthln one year
2025
2024
PAYE creditor
Other creditors
Accruals and deferred income
7,650
28,129
10,498
6,927
14,480
50,931
46,277
72.338
21

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Report of the Trustees and Finarbcial Statement5
Forthe year ended 31 August 2025
Notes to the financial statements Icontinuedl
17
Analysis of funds
At 31 Aug
2024
At 31 Aug
202S
Income Expendilure
Transfers
2024125
Unrestricted funds
Designated funds
246,599
1,555.354
671,220
1713,1871
140,5671
204,632
1,514,787
Unrestricted funds
1,801.953
671.220
1753,7541
1,719.419
Property Fund
Just Christmas
Project Pants
Nursing
Clothesbank
CAP Salarie5 Fund
Soul Food
EVOC Mental Health
Youth Fundraiser
21,646
169
370
28,344
24,031
49,990
80
370
13,970
835
124,1201
31,366
1,237
8,256
6,276
13,750
1,204
117,3961
11,3151
18,2561
13,2071
15,2511
11,2041
913
3,069
8,499
Restricted funds
23.098
114.464
160,7491
76.813
Total funds
1,825.051
785,684
1814.5031
1,796.232
At 31 Aug
2023
At 31 Aug
2024
Income Expendtture
Transfers
2023124
Unrestricted funds
Designated funds
180,479
1,595,921
749,863
1683.7431
140,5671
246.599
1,955,354
Unrestricted funds
1,776,400
749,863
1724.3101
1,801,953
Property Fund
Just Christma5
Project Pants
Soul Surfers Campervan
Nursing
Clothesbank
CAP Salaries Fund
Soul Food
Café Salary Fund
27,362
22,783
78
1,312
15,7161
122,7051
21,646
169
370
91
292
5,796
12,580
17,1081
112,5801
19591
18.7211
13,5001
11,5001
1,872
8,721
3,500
1,500
913
Restricted fund5
18,759
67,128
162,7891
23,098
Total funds
1,795,159
816,991
1787,0991
1,825,051
22

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Report of the Trustees and Financial Statement5
Forthe year ended 31 August 2025
Notes to the financial statements Icontinuedl
17
Analysis of funds Icontinuedl
The Designated Fund represents the net book value of the Church building, which has been set aside as
separate fund. Depreciation is charged to this fund on an annual basis. Transfers to the fund represent
fixed assets purchased in the year.
The Property Fund is used to address the property requirements lin a general sensel of the church going
forward. Previously, its main use was to repay the loan to the Baptist Union Loan Corporation and we
received donations each month to fund the monthly repayments of capital and interest. Going forward.
the fund will be used to meet ongoing repairs and maintenance costs.
The Just Christmas fund was established for special collections taken over the Christmas period.
The Project Pants fund relates to a project to provide clothing for vulnerable people during the winter
period.
In October 2013 the Church purchased a VW Campervan for use by the Soul Surfers missional
community. A restricted fund was set up to accommodate donations and gifts for the purpose of
funding the purchase and running costs of the vehicle. The Campervan was sold during 2023124.
The Nursing Fund started with funding from TOR Christian Foundation for a feasibility study to scope the
establishment of a nursing ministry within Edinburgh churches. We have now completed that and are
running a pilot scheme.
Clothesbank - this fund receives income to part fund the operation of a Clothesbank we operate in
partnership with Edinburgh City Mission in Central Hall.
CAP Salaries Fund- income received to part fund CAP staff salaries.
Soul Food Fund comprises income to contribute toward5 the c05t of providing a weekly freshly prepared
meal, while also offering some respite and support to anyone dealing with the challenges of
homelessness, poverty or loneliness.
Café Salary Fund- income received to part fund café salaries.
EVOC Mental Health grant funds used to develop volunteer and staff knowledge and awareness of
mental health issues, allowing increased confidence in developing services and supporting service users.
Youth Fundraiser- funds raised by our youth ministry artivities for externèl charities.
23

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Report of the Trustees and Finarbcial Statement5
Forthe year ended 31 August 2025
Notes to the financial statements Icontinuedl
18
Analysis of net asset5 between fvnds
Unrestrirted
Funds
Designated
Funds
Restrirted
Funds
2025
Balances at 31 August 2025 represented bv:
Tangible assets
Net current assets
40,292
164,340
1.514,787
1.555,079
241.153
76,813
204.632
1,514.787
76,813
1.796.232
Unrestrirted
Funds
Designated
Funds
Restrirted
Funds
2024
Balances at 31 August 2024 represented bv:
Tangible assets
Net Current assets
33,200
213,399
1.555,354
1.588,554
236.497
23.098
246,599
1,555,354
23,098
1,825,051
19 Analysis of net funds
Isep
2024
Non-cash
Movements
31 Aug
2025
Cashflows
Cash and cash equivalents
245,917
110.7041
235.213
Total net funds
245,917
110.7041
235,213
20 OperatSng lease commltments
At the reporting date the church has outstanding commitments for future minimum lease payments
under non-cancellable operating leases, which fall due as follows..
2025
2024
Within one year
Between two and five years
1,790
1 ,790
1,790
1,790
21
Related party transactions
During the year the Church made payments of £nil12024: £3,150) to Daysix Limited, a company in which
Trustee James Cant 15 also a director. The charity a150 made a charitable gift to Cairn Movement of £nil
12024.. £2,500), a charity in which Edwin Backler was a trustee until 31 August 2024. The wife of Trustee,
jonathan Wright, is employed by Central as Operations and Finance Manager and she received a salary
of £26,237 and pension contributions of £1.312 in the year. The wife of Trustee. Scott Watson, is
employed by Central to run the Parish Nursing Project and She received a salary of £5,141 in the year.
The charity received donations of £71,28412024.. £44,120) from 8 Trustees12024.. 6 Trustees) during the
year.
24