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2024-09-30-accounts

BINDASSEMBLY2025 CHURCH°'NAZARENE TME Trustees Annual Report 2023-2024 THIS IS WHAT THE LORD SAYS- HE WHO MADE A WAY THROUGH THE SEA, A PATH THROUGH THE MIGHTY WATERS. WHO DREW OUT THE CHARIOTS AND HORSES. THE ARMY AND REINFORCEMENTS TOGETHER. AND THEY LAY THERE. NEVER ro RISE AGAIN, EXTINGUISHED. SNUFFEL> OUT LIKE A WICK.. FORGET THE FORMER THINGS. DO NOT DWELL ON THE PAST SEE. I AM DOING anew NOW IT SPRINGS UP,. DO YOU NOT PERCEIVE ITV I AM MAKING A WAY IN THE WILDERNESS AND STREAMS IN THE WASTELAND. THE WILD ANIMALS HONOR ME. IHE JACKALS AND THE OWLS, BECAUSE I PROVIDE WATER IN THE WILDERNESS AND STREAMS IN IHE WASTELAND. TO GIVE DRINK TO MY PEOPLE. MY CHOSEN, THE PEOPLE I FORAIED Fok MYSELF SAIAH 43.18-19

Church of the Nazarene British Isles North Di¢ Trustees, annual report l October 2023 to 30 September 2024 CHURCH-~ NAZARENE OSCR Reference.. SC(X)6321 Contents Page Administrative information Objective5 and activitie5 Strudure. governance. and wnanagement Independent Examinerfs report and financial ststenEnts 15 How to contsct us You can wrtte to U5 at these athlre55es= Secretary 3 Holrnhi115 Gardens Glasgow G72 8EI Treasurer 9 St Serf5 Place Auchterarder PH3 IQ You can contact Us by ernail at the following addre55es'. You can find us on online.. FaceBook and Me55erEer- 5irnply search using- @NazareneBIND Vlslt our webpage- nazarenè.o .uk

Administrative information

Scottish Charity Number: SC006321

District Superintendent: (elected May 2021)

District Secretary:

District Treasurer:

Independent Examiner:

MMG Chartered Accountants 4 Albert Place Perth PH2 8JE 01738 626163

District Advisory Board – including Trustees

Pastor Pastor Pastor Member Member Member District Superintendent & Pastor Secretary Treasurer

^ Members ex-officio

1

Welcome to the British Isles North District

At the heart of our family of churches, you will discover a community dedicated to one common purpose: making Christlike Disciples in the nations. Our journey is one of faith, fellowship, and transformation. As we navigate the path of discipleship, we find joy in the pursuit of Christlikeness and the deepening of our faith.

Whether a longstanding member of our Nazarene family or a newcomer seeking spiritual guidance, everyone we engage with is a treasured part of our story.

The Church of the Nazarene is an international evangelical denomination in the WesleyanHoliness tradition, working in over 165 world areas with over 2.7 million members. In the UK there are 90 churches organised into two districts, North and South. The British Isles North District seeks to support and encourage the multiple fellowships across northern England, Scotland, and Northern Ireland.

Each local congregation of the Church of the Nazarene is a faith community, ready to greet you in Jesus' name. There you will discover opportunities not only to encounter Jesus as your Saviour and Lord, but to grow as a follower of Christ.

As members of the Church Universal, we join with all true believers in proclaiming the Lordship of Jesus Christ and in affirming the historic Trinitarian creeds and beliefs of the Christian faith. We value our WesleyanHoliness heritage and believe it to be a way of understanding the faith that is true to Scripture, reason, tradition, and experience.

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We are united with all believers in proclaiming the Lordship of Jesus Christ. We believe that in divine love God offers to all people forgiveness of sins and restored relationship. In being reconciled to God, we believe that we are also to be reconciled to one another, loving each other as we have been loved by God and forgiving each other as we have been forgiven by God. We believe that our life together is to exemplify the character of Christ. We look to Scripture as the primary source of spiritual truth confirmed by reason, tradition, and experience.

Part of the global Church, we share in its mission to make Christlike disciples in the nations. As a global community of faith, we are commissioned to take the good news of life in Jesus Christ to people everywhere and to spread the message of scriptural holiness across the lands.

At the global, district and local level, the Church bonds together individuals who have made Jesus Christ Lord of their lives, sharing in Christian fellowship, and seeking to strengthen each other in faith development through worship, preaching, training, and service to others.

We strive to express the compassion of Jesus Christ to all persons along with our personal commitment to Christlike living. While the primary motive of the church is to glorify God, we also are called to actively participate in his mission – reconciling the world to himself.

Our purpose

A district is made up of interdependent local churches organised to facilitate the mission of each local church through mutual support, the sharing of resources, and collaboration. As part of the global Church of the Nazarene, we share in the common purpose of advancing of the Christian faith through mission, discipleship, fellowship, teaching, and works of compassion.

The British Isles North District seeks to support and nurture the work of the local church across northern England, Northern Ireland, and Scotland. We rely on the gifts from local churches to fund the district activities which include the role of the District Superintendent and making awards to individual churches, social or missional programmes.

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District activities 2023-24 We continue to respond to the needs of north district churches, identifying opportunities to support local congregations and develop the body of the church, both lay and clergy. District A55embly March 2024 The 71st Assemblies of the British l.les North District was held over e weekend 9-11 March in rinity. Perth. wit (General Superintendent) residing. An ordination Jervice as held when Ilias ordained picrLired 11.to rl IDi:trict Superintendent., Northbreak 2024 The North District 'Northbreak' holiday was held 5-9 August at the Lancaster Royal Grammar School. The main speaker was Nazarene US Army Chaplain. who spoke on "Frontline Faith" Other speakers included, IDS). Allen. 'Good Morning World,, workshops, trips, games. and evening fringe sessions, featured on the pro8ramme alon8 Wlth the seminars, prayertimes and worship celebrations. God continues to work through Northbreak in the lives ot individuals and tamilies. .Northbreak is where my life changed forever through the power of the Holy Spirit. I was a hopeless drug addict the first time I went and was so blessed. This year I was able to attend with my wife. The Lord ha5 truly restored the years the locusts had eaten...

Pastoral discernment and education

Working in partnership with the south district we continue to seek God’s call to ministry for the next generation, exploring and assessing that through our Ministry Assessment Centre (MAC). These multi-day events are a blessing to those taking part and to the wider district. Each year we are encouraged how God prompts and inspires future leaders to come forward and sustains those already on a ministry path.

We continue to support and nurture the pastors across the district, supporting part of their ongoing education financially and in prayer, with courses at the Nazarene Theological College and further afield. As a district, we continue to support the wider work of the College with committed regular giving out of our collected annual apportionment (giving from individual churches).

Growth in all generations – Sunday School Camp 2024

North District Sunday School Camp was held 22-26 July at the Scripture Union campsite at Kingscross on the beautiful Isle of Arran. A total of 64 attended – 47 campers and 17 leaders. Using the theme, “The Body of Christ”, ) spoke at the youth seminars about discovering our place and role in the body, and (Parkhead) led the kids club. The programme included, Super Sports, Officer Hunt, Water Fight, Silent Disco, “Ready Steady Bake Off” and trips to the beach and to Brodick.

District Nazarene Discipleship International Board Chairperson,

(Troon), reflected, “ Camp continues to be one of the best weeks of the year…as campers [have] a week of fun, worship, prayer, fellowship and teaching. This year there was a real sense of togetherness around the camp… As a leader, one of the biggest blessings continues to be seeing new leaders stepping up as well as those who were campers now coming back as leaders. It is encouraging to see how God continues to build up future leaders through this wonderful ministry. ”

5

Developing the church - Story of God

After the successful launch of The Story of God in Norther Ireland in 2023, the course was exported to the Scottish mainland. Participants gathered from all over the mainland to take part in the training and equipping of the whole church. The series continues to provide a foundational teaching and understanding in biblical studies, church history, Nazarene history, spiritual growth and more. The modules are open for everyone in the church members and nonmembers, all generations and all abilities. The aim is to equip us to be the body of Christ both gathered and dispersed.

Pastoral learning, development and care

In April 2024 the Mainland Ministers MAINLAND Gathering was MINISTERS’ GATHERING relaunched; a day focused on gathering for worship, fellowship and learning. Bringing the Pastoral community (active and retired) together created the Monday 29th April CS 9 '30am-2:50pm // lunch provided = opportunity for Life Long Learning, providing support across the group, learning and growing. The day was focused around four themes with teaching from ~~a~~ : Theories and Strategies of Evangelism, Growing Healthy Churches, New Forms of Church, and Christian Leadership.

At the 2024 District Assembly, we created a new Superintended Fund, replacing the previous love gift. The generous giving from across the district churches and from individuals allowed a fund of around £3,000 to be created to support pastoral counselling and care. Since this was launched a number of pastors have reached out for counselling or well-being help. It has been wonderful to be able to help set this up for them.

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Professional support and advice Using the resources provided from individual congregations, the district is able to engage a range of Se￿iceS on behalf of the churches, providing access which otherwise might not be efficient on a local level. This includes HR advisory services, payroll administration and pension, district wide insurance of large events and gatherings. •• Stewardship BeyandHR C) Greenwood Moreland .k£*we8enwo&ty INSURANCE BROKERS During 2025 payroll and pension fund support and admin will continue centrally for every congregation that wishes to continue using the service. Periodic pension re- enrolment, processing of Plld returns and responding to HMRC Corporation Tax requests can also continue to be sources through the district.

Summary financials

This report summarises how the Trustees (District Advisory Board - DAB) have sought to steward the resources God provides through the consistent giving of the district family of churches. We continue to rely on support from many across the district and for that, are very thankful.

BIND Finances 2024

Over the past year we have continued to be blessed by the regular and faithful giving of churches across our district. Excluding the receipt of one-off income, we are currently running an annual operating deficit. While apportionment percentages ( district giving from local churches ) will be held at historic levels, we are focused on ‘balancing the budget’ over the coming two years.

Income received by the District

The work of the district is funded by the regular, faithful giving of each church as part of its annual apportionment targets (£158k received in 2023/24). The District Advisory Board recommended that the apportionment methodology remain at 12% of all unrestricted income for financial year 2023/24. This has been continued forward for 2024/25.

The DAB wants to assist local church boards manage their district commitments. This simple methodology allows treasurers to calculate estimated district commitments, based on current or prior year income, and advise their church board as part of the local annual income and expenditure budget setting process. Advice and help calculating estimated apportionment of a local church is available from the district.

Apportionment income increased materially 2023/24 from prior years. The district has an estimated total annual apportionment potential of c. £160k, with a target of £150k, reflecting the exceptional circumstances that individual congregations may face in any one year. During 2023/24 almost all of the district congregations were

8

able to contribute on or around their individual targets. This is a significant change from past years and is something which we are thankful to God for.

All district churches are encouraged to set up regular monthly apportionment giving by standing order. Over time this will smooth out the impact on church finances, making it easier for the local treasurer and giving the district a more predictable source of funds month on month.

Other income received in the year relates to IMF income, see later section, giving to specific projects (gifts) or to cover events / courses such as the Story of God or the Pastor’s Prayer Conference.

Our activities – stewardship of resources

The District Advisory Board is responsible for setting and then managing the annual budget, stewarding the resources provided by God through the commitment of local congregations. District expenditure continue to support a wider range of activities.

• BIND: District leadership, admin support and professional costs is the largest expenditure (£172k). This includes a range of expenditure supporting the

work of the District Superintendent, developing Licensed and International Ministers, district admin assistant and district finance assistant.

9

Discretionary or atypical expenditure (supporting local church ministries, and grants) have contributed to a deficit of over £95k in the year. The DAB continues to review expenditure priorities with a view to move towards a balanced core operating budget whilst using the reserves to support and encourage growth across the congregations through grants and partnership activities. This may mean that the district will still report deficits in future years.

However, the aim of the DAB is that these result from the decision to invest district funds (£582k) in developing the work of the church across our area, providing grants to local congregations and continuing to support special projects.

District Funds – movement year on year

Church of the Nazarene British Isles North District the Nazarene British Isles North District the Nazarene British Isles North District
Fund movement summary
Selected period: 01 October 2023 to 30 September 2024
Fund balances Incoming Outgoing Transfers Journal Entries Fund balances
Fund brought Resources Resources Carried
forward forward
General - General Fund Unrestricted 629,344.55 162,754.06 262,534.97 - - 529,563.64
NTC - NTC Designated 2,393.78 31,321.00 31,321.00 - - 2,393.78
NMBF - NMBF Designated 1,641.53 23,618.00 23,490.53 - - 1,769.00
Total unrestricted 633,380 217,693 317,347 0 0 533,726
IMF - Investment In The Ministry Fund Restricted 42,076.37 12,432.54 12,189.75 - - 42,319.16
Gift - District Designated Gifts Restricted 301.75 4,589.25 450 - - 4,441.00
ETF - ETF Restricted 1,449.00 - - - - 1,449.00
WEF - World Evangelism Fund Restricted 113 - - - - 113
Total restricted 43,940 17,022 12,640 0 0 48,322
Totals 677,319.98 234,714.85 **329,986.25 ** - - 582,048.58

As charities, all churches as well as the district are required to record and distinguish between different types of funds when reporting their income and expenditure and

10

fund balances[1][2] . This district choses to report movements in each individual unrestricted and restricted fund for transparency.

The summary shows the operating deficit in the year (General fund net movement). The other main fund within the district accounts is the IMF (see separate report below). Other maintained funds manage the targeted, specific giving to individual projects and activities. Our aim is to minimise the number and size of these at any one time, providing the maximum resources within the General fund and enabling the DAB to respond to emerging need. We continue to highlight the requirement for all church boards (Charity Trustees) across the district to understand and manage any restricted funds.

Investment in the Ministry Fund

In 2022 the IMF was combined with the district funds. Our commitment remains to provide transparent reporting on the important work of the fund. A subset of the DAB will meet to review the allocation of IMF funds and propose policy options to the Board for future income and support expenditure. The DAB hopes to be able to release updated guidance over the coming year.

The income for this vital ministry is through the support of District Covenant Scheme Members and the regular committed giving of individual churches. We continue to support seven pastors continue their work with the local church, spread across Northern Ireland, England and Scotland.

The fund movement reflects steady giving from individual churches (10% of their gift aid received). This is anticipated to continue in 2025. IMF income normally comprises 65% income from churches and the remaining 35% from the covenant scheme (gift aid).

scheme (gift aid).
IMF Fund Movements
Opening fund balance
Income
Donations from churches
Gift aid processing
Expenditure
Pastoral support
Admin
Surplus/(deficit)
Closing fund balance		 2024
2023
2022
2021
42,076
49,008
49,402
72,077
5,290
3,436
15,991
370
7,142
4,236
0
-8,399
12,433
7,672
15,991
-8,029
11,880
14,340
15,960
13,395
310
263
426
1,251
12,190
14,603
16,386
14,646
243
-6,931
-395 -22,675
42,319
42,076
49,008
49,402

1 For example in Scotland, Schedule 3 Part 1 (2) of The Charities Accounts (Scotland) Regulations 2006 2 For help: https://www.stewardship.org.uk/sites/default/files/2021-07/bp-making-sense-of-fundaccounting.pdf and https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment data/file/585971/ CC16b.pdf

11

2024 District finance changes

Over the past year a number of changes in district finances have been introduced and this process of change will continue into 2024. These include:

Looking ahead

We look forward with the assurance that God gives, ‘ For I know the plans I have for you,” declares the Lord, “plans to prosper you and not to harm you, plans to give you hope and a future’ Jeremiah 29:11 . We are part of God’s church here on earth, part of a world-wide and eternal family.

We will continue to claim the promises of God, ‘Therefore, my dear brothers and sisters, stand firm. Let nothing move you. Always give yourselves fully to the work of the Lord, because you know that your labour in the Lord is not in vain.’ 1 Corinthians 15:58

12

Structure, governance, and management

Trustee recruitment and appointment

The process by which we identify and then appoint Trustees to the District Advisory Board is set out within our Governing Document – the Manual of the Church of the Nazarene[3] . This is available to anyone who wants to access the Manual.

Potential Board members (Trustees) are identified following prayerful consideration of the individual’s character and gifts and following the leading of the Holy Spirit. Board candidates are submitted to the Annual Assembly of the Church of the Nazarene British Isles North District (BIND) and elected by majority vote. Board members are elected to serve for a period of three years with one lay trustee and one clergy trustee retiring and being eligible for re-election each year.

The District Superintendent who is a salaried employee of the district acts as chair of the Trustees. The district treasurer and district secretary are ex-officio members of the Board. Other ex-officio Board members are invited to join from time to time.

Trustee Remuneration and Expenses

The 7 Trustees contribute to the governance of the church without financial reward. Reimbursement may be claimed for receipted expenses. The District Secretary and District Treasurer are ex officio members of the District Advisory Board and are not remunerated but are entitled to receive a token honorarium in recognition of their voluntary work and time commitment. Where Officers of the charity elect to receive these, payments are recognised as payroll and processed in line with HMRC guidelines. The District Superintendent chairs the board of trustees and receives a salary and benefits for their role as DS as permitted under the Governing document.

Governing Document

The district is an administrative area of the international Church of the Nazarene, and guided in structure, governance, and Practice by “The Manual” of the denomination. This forms its constitution. Each local congregation in the denomination is autonomous in all respects of governance and financial responsibility including employer obligations.

Reserves : Sufficient funds are retained in a readily accessible investment account to ensure that at least six months working capital is always available.

Approved by the Trustees and signed on their behalf by:

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CHURCH OF THE NAZARENE BRITISH ISLES NORTH DISTRICT

Trustees' Responsibilities in Relation to the Financial Statements

The charity trustees are responsible for preparing a Trustees' Annual Report and 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 charity trustees to prepare financial statements for each year which show 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 the financial statements, the trustees are required to:

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 comply with the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. 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.

Page 14

CHURCH OF THE NAZARENE BRITISH ISLES NORTH DISTRICT

Independent Examiner's Report to the Trustees of the Church of the Nazarene British Isles North District

I report on the accounts of the Charity for the year ended 30th September 2024 which are set out on pages 1624.

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.

The Charity Trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts 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. 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 any 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:

Member of the Institute of Chartered Accountants of Scotland Finlaysons Chartered Accountants 4 Albert Place Perth PH2 8JE

Date:

Page 15

CHURCH OF THE NAZARENE BRITISH ISLES NORTH DISTRICT

Statement of Financial Activities Year ended 30th September 2024

Note
Donations and legacies
1
Investments
2
Other
3
4
Charitable activities
Net gain / loss on investment assets
Net income/(expenditure)
Net Income/(expenditure) before
gains and losses on investments
Total funds carried forward
Expenditure on:
Total funds brought forward
Income and endowments from:
Transfers Between Funds
Net movement in funds
Total income
Total expenditure		 Unrestricted
funds
2024
£
216,699
994
-
217,693
317,347
317,347
(99,653)
-
(99,653)
-
(99,653)
633,380
533,726		 Restricted
funds
2024
£
17,022
-
-
17,022
12,640
12,640
4,382
-
4,382
-
4,382
43,940
48,322		 Total
2024
£
233,721
994
-
234,715
329,986
329,986
(95,271)
-
(95,271)
-
(95,271)
677,320
582,049		 Unrestricted
funds
2023
£
130,191
545
79
130,816
196,371
196,371
(65,555)
-
(65,555)
-
(65,555)
698,935

633,380		 Restricted
funds
2023
£
9,546
-
-
9,546
16,895
16,895
(7,349)
-
(7,349)
-
(7,349)
51,290
43,940		 Total
2023
£
139,737
545
79
140,362
213,266
213,266
(72,904)
-
(72,904)
-
(72,904)
750,224
677,320

Page 16

CHURCH OF THE NAZARENE BRITISH ISLES NORTH DISTRICT

Balance Sheet At 30th September 2024

Note
Tangible fixed assets
7
Total fixed assets
Current assets
Debtors
8
Bank and cash
Total current assets
Liabilities
Creditors falling due within one year
9
Net current assets
Net assets
The funds of the charity;
Unrestricted funds
11
Designated funds
11
Restricted funds
11
Total charity funds
Fixed assets		 2024
£
445,924
195,771
641,695
59,646		 2024
2023
£
£
-
-
416,533
352,221
768,754
91,434
582,049
582,049
529,564
4,163
48,322
582,049		 2023
£
-
-
677,320
677,320
629,345
4,035
43,940
677,320

The financial statements were approved by the District Board on

For and on behalf of the District Board.

Page 17

CHURCH OF THE NAZARENE BRITISH ISLES NORTH DISTRICT

Notes forming part of the financial statements Year ended 30th September 2024

Accounting policies for year ended 30th September 2024

The principal accounting policies, which have been applied consistently in the current and preceding year in dealing with items which are considered material to the accounts, are set out below.

Charity information

The Church of the Nazarene British Isles North District is an unincorporated charity registered in Scotland. The principal office is 9 St Serfs Place, Auchterarder, PH3 1QS.

Basis of preparation

The financial statements have been prepared in accordance with the Charity's constitution, Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and "Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102)" (effective 1st January 2019). The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.

The accounts have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Funds

Funds are classified as either restricted funds or unrestricted funds, defined as follows:

Incoming resources

All income is included within incoming resources under either unrestricted or restricted funds according to the terms under which the monies are received and when the amount can be quantified with reasonable certainty. The value of services of volunteers has not been included.

Investment income is recognised on a receivable basis apart from Bank Deposit accounts (Virgin Money) interest which is accrued.

Resources expended

Expenditure is recognised on an accruals basis as the liability is incurred.

Costs of generating funds are those costs incurred in running the District and attracting income.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation. Tangible fixed assets are depreciated on a reducing balance basis at 25%.

Page 18

CHURCH OF THE NAZARENE BRITISH ISLES NORTH DISTRICT

Notes forming part of the financial statements Year ended 30th September 2024

Accounting policies for year ended 30th September 2021 (Continued)

Cash flow statement

The charity has not prepared a cash flow statement on the grounds that it is a small entity.

Taxation

The Church of the Nazarene British Isles North District is recognised as a Charity for the purposes of applicable taxation legislation and is therefore not subject to taxation on its charitable activities. The Charity is not registered for VAT and resources expended therefore include irrecoverable input VAT.

1 Donations and legacies
District apportionment
Tax recovered on Gift Aid
Grants
Special Purpose offerings and gifts
Pastoral support
Designated to cover expenses
2 Investment income
Bank interest
Other interest received
3 Other income
Sundry income		 Unrestricted
funds
2024
£
157,878
-
-
127
-
58,694
216,699
994
-
994
-
-		 Restricted
funds
2024
£
-
-
-
4,589
5,290
7,142
17,022
-
-
-
-
-		 Total
2024
£
157,878
-
-
4,716
5,290
65,836
233,721
994
-
994
-
-		 Unrestricted
funds
2023
£
124,300
-
-
656
285
4,951
130,191
545
-
545
79
79		 Restricted
funds
2023
£
-
-
-
1,873
3,436
4,236
9,546
-
-
-
-
-		 Total
2023
£
124,300
-
-
2,529
3,721
9,186
139,737
545
-
545
79
79

Page 19

CHURCH OF THE NAZARENE BRITISH ISLES NORTH DISTRICT

Notes forming part of the financial statements Year ended 30th September 2024

4
Costs of generating funds
Charitable activities
Salaries
Employer NIC
Employer pension
Accommodation - rent payments
Council tax
Travel expenses
Mileage
Gifts
Vehicle running costs
District S&P costs associated with district activities
Subscriptions
Advertising
Motor expenses
Assembly costs
Personal and district insurance
Water rates
Insurance
Sundries
NTC Support
Pastoral development and education
Nazarene ministers Benevolent Fund
Strathclyde House Pastoral
District gatherings
District grants - minor R&M
District grants - major
Pastoral support - District
Nazarene Youth UK
HR Advice
Honorarium
Bank fees
Independent examiner's fee
Payroll fees
Other professional fees
Other expenses
Depreciation
Total
Analysis of expenditure		 Unrestricted
funds
2024
£
127,786
5,317
5,888
-
-
25,381
-
99
-
1,419
900
-
-
674
3,704
-
-
879
31,321
12,774
23,491
-
11,311
1,093
33,400
20,987
3,700
3,270
-
375
2,514
1,063
-
-
317,347		 Restricted
funds
2024
£
-
-
-
-
-
-
-
-
-
232
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
11,880
-
-
-
78
-
-
450
-
12,640		 Total
2024
£
127,786
5,317
5,888
-
-
25,381
-
99
-
1,651
900
-
-
674
3,704
-
-
879
31,321
12,774
23,491
-
11,311
1,093
33,400
32,867
3,700
3,270
-
453
2,514
1,063
450
-
-
329,986		 Unrestricted
funds
2023
£
73,786
2,353
4,247
19,348
319
904
8,669
3,574
2,214
26,053
6,316
19,490
2,348
4,913
1,047
4,426
9,291
3,765
506
2,400
400
-
196,371		 Restricted
funds
2023
£
1,873
214
-
0
418
14,340
49
16,895		 Total
2023
£
75,659
2,353
4,247
-
-
19,348
-
-
-
214
319
904
-
8,669
3,574
-
-
2,214
26,053
6,316
19,490
2,349
4,913
1,465
4,426
23,631
3,765
-
555
2,400
400
-
-
-
213,266

Support costs have not been separately identified as the trustees consider there is only one charitable activity. Therefore support costs relate wholly to that activity and have not been separately identified.

Page 20

CHURCH OF THE NAZARENE BRITISH ISLES NORTH DISTRICT

Notes forming part of the financial statements Year ended 30th September 2024

5 Staff costs and numbers
Salaries and wages
Social security costs
Pension costs
Total		 2024
2023
£
£
127,786
75,659
5,317
2,353
5,888
4,247
138,991
82,260

The average number of employees during the year, calculated on the basis of full time equivalents was 3.6

No employee had employee benefits in excess of £50,000 (2020 - Nil).

6 Trustee remuneration and related party transactions

None of the members of the DAB nor any persons connected with them received any remuneration or expenses during the year. The District Superintendent is a paid employee but is also the chairperson of the DAB by reason of their appointment. The District treasurer and District secretary are ex officio members of the DAB and are paid a small honorarium for their professional services.

7 Tangible fixed assets

Cost
At 1 October 2023
Additions
Disposals
At 30 September 2024
Accumulated depreciation
At 1 October 2023
Charge for period
Eliminated on disposals
At 30 September 2024
Net book value
At 30 September 2024
At 30 September 2023		 Vehicles
£
-
-
-
-
-
-
-
-
-
-		 Total
£
-
-
-
-
-
-
-
-
-
-

Page 21

CHURCH OF THE NAZARENE BRITISH ISLES NORTH DISTRICT

Notes forming part of the financial statements Year ended 30th September 2024

8 Debtors
Debtors
Revolving fund
Prepayments and accrued income		 2024
2023
£
£
56,000
56,000
288,043
270,217
101,881
90,316
445,924
416,533

The outstanding debtor of £56,000 relates to the sale of the largs manse as approved by OSCR and is repayable within one year. The purchaser was a company connected with a member of the DAB who is no longer a member of the board.

9 Creditors
Accruals
10 Analysis of net assets between funds
Fixed assets
Current assets
Current liabilities
Net assets at 30th September 2024
Fixed assets
Current assets
Current liabilities
Net assets at 30th September 2023
Revolving loans		 Unrestricted
funds
£
-
589,210
(59,646)
529,564
Unrestricted
funds
£
-
720,779
(91,434)
629,345		 Designated
funds
£
-
4,163
-
4,163
Designated
funds
£
-
4,035
-
4,035		 2024
£
788
58,858
59,646
Restricted
funds
£
-
48,322
-
48,322
Restricted
funds
£
-
43,940
-
43,940		 2023
£
41,040
50,394
91,434
Total
£
-
641,695
(59,646)
582,049
Total
£
-
768,754
(91,434)
677,320

Page 22

CHURCH OF THE NAZARENE BRITISH ISLES NORTH DISTRICT

Notes forming part of the financial statements Year ended 30th September 2024

11 Movement in funds
Restricted funds
District Designated funds
ETF
Investment in the Ministry
fund
Designated funds
NMBF
NTC
Unrestricted funds
General fund
Totals
Restricted funds
District Designated funds
ETF
Grants given for charitable
purpose
Investment in the Ministry
fund
Designated funds
NMBF
NTC
Unrestricted funds
General account
Totals		 At 1st
October
2023
£
415
1,449
42,076
43,940
1,642
2,394
4,035
629,345
629,345
677,320
At 1st
October
2022
£
415
1,449
418
49,008
51,290
1,357
1,738
3,095
695,840
695,840
750,224		 Incoming
resources
£
4,589
-
12,433
17,022
23,618
31,321
54,939
162,754
162,754
234,715
Incoming
resources
£
1,873
-
-
7,672
9,546
19,775
26,643
46,418
84,398
84,398
140,362		 Outgoing
resources
£
(450)
-
(12,190)
(12,640)
(23,491)
(31,321)
(54,812)
(262,535)
(262,535)
(329,986)
Outgoing
resources
£
(1,873)
-
(418)
(14,603)
(16,895)
(19,490)
(25,987)
(45,477)
(150,894)
(150,894)
(213,266)		 Gain on
fixed assets
£
-
-
-
-
-
-
-
-
-
-
Gain on
fixed assets
£
-
-
-
-
-
-
-
-
-
-
-		 Transfers
£
-
-
-
-
-
-
-
-
-
-
Transfers
£
-
-
-
-
-
-
-
-
-
-
-		 At 30th
September
2024
£
4,554
1,449
42,319
48,322
1,769
2,394
4,163
529,564
529,564
582,049
At 30th
September
2023
£
415
1,449
-
42,076
43,940
1,642
2,394
4,035
629,345
629,345
677,320

Page 23

CHURCH OF THE NAZARENE BRITISH ISLES NORTH DISTRICT

Notes forming part of the financial statements Year ended 30th September 2024

Purpose of restricted funds

District Designated funds This fund is used for designated gifts to individuals or organisations ETF This fund (Evengelical Task Force) is used for missional and evengelical activity across the district. Investment in the Ministry fund This fund (IMF) is intended for the ongoing support of pastoral salaries and expenses subject to the terms of the fund.

Purpose of designated funds Nazarene Ministers Benevolent Fund (NMBF) This fund is designated by the district to provide ongoing support for retired ministers and widows. Nazarene Theological College (NTC) This fund is designated by the district to provide ongoing support for the British Isles' further education college.

Purpose of unrestricted funds

General fund This fund is used for the purpose of meeting everyday expenses of the Church.

13 Volunteers

In common with all charities, the charity members (individual congregations) benefit from the contribution made by volunteers who give their time and talents willingly for the benefit of the Church. The areas of District life which rely on the contribution of volunteers are many and varied and much of the activity would be unable to continue were it not for the commitment shown.

14 Going Concern

At the time of approving the accounts, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the forseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the accounts.

Page 24