Charity registration number SC007105 IS¢otlandl NEwfoN MEARNS BAPTIST CHURCH ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 ALEXANI>ÉR SLOAN TC Group Business Adwsors & Accountants 180 Sl Vincent Slreet Glasgow G2 5SG
NEwfoN MEARNS BAPTIST CHURCH LEGAL AND ADMINISTRATIVE INFORMATION Trustees John Twynam-Perkin$ Keith Young astair Johnstonè lain McPhie Chority number Iscotlandl sc7105 Prlnelpal addrè 2 Gfeenfam) Road Newton Meams Glasgow G77 6FA Wgb¥lto •ddrg8¥ www.newlonmeamsbaptist.org.uk Ind•p•ndènt •xamlnèr Philip Morrice. FCCA TC Group BusinessAdvisofs & Accountants 180 Sl Vincent Street Glasgow G2 5SG Bank•r8 Bank of Sco118nd 167- 201 Argyle Street Glasgow G2 88U Soll¢ltor• Holmes Ma¢killop 109 Douglas Street Glasgow G2 4HB
NEwfoN MEARNS BAPTIST CHURCH CONTENTS Page Tnjstees. feport Independent examiners report Statement of financjal activities Balance sheet Notes lo the fin8n¢ial stslemenls 8-24
NEwfoN MEARNS BAPTIST CHURCH TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2026 The Trustees present their annual report and financial ststements for the year ended 31 March 2026. The financial statements have been prepared in accordanc£ with the accountsng poliaes set out in note 1 to the financial statements and cornpty with the charity's goveming document. the Charities and Trustee Investment Iscouandl 2005. the Charities Awunts (Scotlandl Regu18tions 2006. FRS 102 'The Financial Reporting standard applicable in th8 UK and Republic of Ireland. and the Charities SORP 'Accounting and Reporting by Charities." Statement of Recommended Pradice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in Ihe UK and Republ of Ireland IFRS 1021.. Oblectlves and actlvltles Alms and Affillatlon The aims of the church, whh is congregalional in policy and a member church of the Baptist Union of Scotland, are as follows.. lo worship together in Spirit and in Tnrth.. lo build the m&mbèrs up in thè faith", lo prodaim th& go$p81 of J&su$ Christ in word and adion. Achl•vem•nts and p6rf0rn)anc• Significant highlights, events and developments of nole in the yeor Mi¢lud• the following.. In r*latlon to aetlvStl•s'. Elders and Deacons continued to meet regularty for ihe purpose of advising. assessing 8nd directing the spiritual wemare of the church members. At the end of the financial year Ihe church had a membership of 302. Sunday moming services, Sunday evening seryices. and a midweek Wednesday midday SeiCe. took place during the year at the church's Greenfam Road lo¢stion. the ¢hur¢h ¢ontinuing lo record, and m8k• available on4intr, its Sunday morning services, hoste¢J on its YouTube channel. Regular events continued at the church's Mai¢Jenhill location, the regular, weekly, Sunday momlng setvlces continuing Ihroughoul the year, and reflecting Ihe church's-one church. locations. structure. The church appointed Rachel Clark as Pastoral Lead for Children, Yovng People, and Families, in February 2028. adding lo ils ministry staff. Use ol Ihe church's social Media plafforms. speryfi¢aly F8rAbook. Instagram, YouTube. and X lo ¢ommuniGate with members. ¢onlinued during the year. The regular church member meetings were held. House, and other Small, Groups met for Bible study. prayer and fellowship. The prayer life ol the church was encouraged through speual prayer events. Children's and young people's events and aclwilies Continued. "Sonshine Kids the church's long-running molhers and loddlers group rnel regularfy on Friday mornings throughout the year. Outreach to the local communty, and beyond, in thè fom of the Alpha coursè, continued, this yaar's Course starting in October 2025", The "Renew Wellbeing. group continued. supporting people's mental and emotional wellbeing. A number ol one-off events were organised during the year. open lo all. induding. Super Sunday. and "Marvellou5 Monday. Easter commvnty events in Maidenhill. in April 2025. and March 2026.. 'An evening th Rob Parsons". in May 2025.. a 'PotpUp Community Cafè" in Maidenhill. in(Juding all-age activrties, in June 2025.. a 'Ladies Night in" with Loma Farrell. in June 2025.. the 'A Tale of Two Kings" holiday club ft)I childn, and parallel Youth Club, LK)th in Juty and August 2025." a ctsllaboration wrth the IM2C Bike Hub, in August 2025", a mutti-curtural "BBQ Gathenng" outreach event. in August 2025." "Spark in the dark. in November 2025.. a "Ladies Night in. Fiona Stewart. in November 2025.. an indoor Christmas Market, in DeMtser 2025.. "Greenfarni Carols" and other advenl events in December 2025,. "Light up Maidenhill., in DeTrmber 2025.. hosting "The Passion.. drama. performed by LAMPS Collective theatre cornpany, in Maich 2026., and. running the Welcome Course for those new to the UK. in March 2026. Both the 'Oasi5 Café" linside year-toundl and °Cabin C8fé- loutsid8 in the summer months) continued dunng the year, Iwice-weekty.
NEwfoN MEARNS BAPTIST CHURCH TRUSTEES, REPORT ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Achievements and performance Iconts"nuedl Long-running outreach, th'endship. and fenowship groups continued to meet regularfy.. -Knit & Natterf, and the NMBC Art Group. Support continued for the football team that competes in the Strathctyde Ev8ngelical Churches Football League. Th8 continuation of °Convefsation Cafè" wèlc()ming and ollèring piactical help to individu81$ and families new to the communty from Hong Kong. The Mainly Music group contjnued, connecb.ng the church wilh families of young children in the community. Continued work of the Creation Care group. The Cornrnunity Choir. in partnership vthh The Voice Projecl. conbnued. Running an Easter Code even¢ for local school pupils in March 2026. The church's work in its local area continued. avgrnenled by the Wa of its Community Coordinator. The running, again, ol the Mosaic pfogramme, providing members and In'end$ with the opportunlty to gèt to know each other in small groups offering a wide range of activrties. The "Build it. and "Craft it. dubs for parents and chIldn continued Ihroughoul the year, in Maidenhill, and a new book club-"Read it. was started during the year. in the same location. The Hardship Fund conlinued to be used during the year, to address cases ol local. nat)nal, or inlem8tional hardship. recipients of support bein9 indNiduals. groups. and organis8lion5. Continued financial support for mission in the UK, and abroad, and local community groups such as Ba¢k to Schoolbank East Renfrewshire. and Easl Renfrewshire Larder. Continued liaison wrth East Renfrewshire Counul. and other associated bodies. Continuing partnerships, andlor engagement, wrth para-church groups such as the Baptist Union of Scotland. BMS World Mission. Evangelical Alliance. Glasgow City Mission, Intemational Justice Mission UK. Scripture Union Scolland. Tran5fonn Trade. and Tearfvnd. Running, again, the Adventure Trail in Detsmber 2025. lor local s¢hools. Delivering a$$trmbliès in local school$. Flnanelal r•vl•w Prln¢lpal 8ourc¢¥ of fundlng Thtr church receives ils funding from ChUh membets by way of regular offerings and Gift Aid donations. R•8ult8 for thè y•ar Per the Statement of Finanaal Activities, th8 church reported Nel Expenditu li.e. a Deficit) for the year of £21,939 12025- Deficit £53,148). At 31 March 2026. the ¢hur¢h had total ftJnd$ of £1.498,122 of which £1,083,227 172.3%) was 'lied up" in investrnents and equipmeni. R•8•rv•8 polley It is the policy of the church to mainlain Unrestricted Funds, i.e. funds not commrtled or invested in fixed assets, at a level which equates to approximalety Ihree months of commrted unrestricted expenditure. This allows sufficient fund3 to enable the ongoing commrtled work ol the church to be main¢ained. Per the Statement of Finanrial Activities. the church's Unreslricled Funds at 31 March 2026 amwnted to £1.107.301 of which the Trustee5 have designated £1.098.721 85 detailed in note 22. thereby le8ving the thurch wrth tree reserves of £8.580 12025 £49,251) which atthough the year-end General Fund balance is, therefore, lower (under £10,0001, the UnstriCted free reserves, and importantly unrestncted free ieserves in cash, are both very high which was acceptable to the Trustees. Rlsk management The Trustees. Elders and Deacons consider major risks lo whith Ihe chawity is exposed on an ongoing b8815. 10 establish procedure5 to mitigate any identtfied. Grant Making Poliey The church makes granis from its income to individuals and OrganisatnS that are generalty known to the Trustees and the church. The beneficiaries are invofved in actiVTties or ministries compatible wilh the church's objectives.
NEwfoN MEARNS BAPTIST CHURCH TRUSTEES, REPORT ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Struetur•. gov•mane• and manag•m•nt Newton Mearns 88pb.st Churth is a ScotDsh Charity ISC0071051 esiablish8d by Constitution. The Trustees who served during the year and up to the date of swjnature ofthe finanaal statements were". John Twynarn-Perkins Keith Young 85t8ir Johnslone lain McPhie Trustees and Office Bearers For the purpose of charity law. the Trustees of the thurch 8re 8150 the charity's Trustees. The Trustees comprise the church Treasurer lex officiol and three other appnted Trustees. one each frorn the Elders and De8cons and one from the church's current membership. Prior to their appointment, all Trustees would have served the church for some time In various roles and would be familiar wrth the church's values, its aims and objectives as well as rts day- t041ay operations. As part ol their induclion programme. new Trustees serve voluntarily and are required to understand their statutory responsibiliti'es. Organlsatlonal structur The Trustees are responsible lor the ¢hur¢h's overall diredion and goveman¢& and delegate Ihe day lo day running ol the ¢hur¢h lo 8ppoinled individuals. K•y managem•nt p•r8onnel Given their roles as described above. the Twstees consider Ihemsefves as the charity's key management personnel. in charge of direcb'ng and controlling the charity and overseeing ils daily activities. No remuneration is paid lo the Tru51ees. Ind•p•ndènt Examln8r Philip Mornce, F.C.C.A. continued as independent èxaminèr of thè Charity as the designated Partner of TC Group, Business Advisors & Accountants responsible for this engagement. The Directors cOMMend that he remain in office as independent exarniner unlil further no11. The Trustees, report was approved by the Board of Trustees. John Twynarn-Perkins Trustee 181512026 Date..
NEwfoN MEARNS BAPTIST CHURCH INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NEwfoN MEARNS BAPTIST CHURCH I report on the financial statements of the charrty for Ihe year ended 31 March 2026. which are set out on pages 5 to 24. Respective responsibilities of Trustees and examiner The charty's Trustees are responsible lor the preparation of the finanual statements in accordance wth the tem)s ol the Charities and Trustee Investment (Scotlandl Act 2005 and the Charities Accounts (Scotlandl Regulats'ons 2006. The charity Trustees consider that the audil reqU1men1 of Regulatn 1011 IlaFlcl of the Charities Accounts Isoouandl Regulations 2006 does not appty. 11 is my re$pon$ibilty to examine Ihe financial $tslemenl$ 8$ require(J under $e¢tion 441111¢) tsf th& Charities and Trust8e Investment Isctstlandl Act 2005 and to statè whether particular matters have comè to my Attention. 8a818 of Independent •xamlnerfs statement My examination is carried oul in 8ccord8nce with Re9ul8tion 11 91 ihe 20[ Acwunts Regulations. An examination in¢ludÈs a revièw ol the 8c¢ounting records kèpt ty the tharity and a comparison of th& finan¢ial statements presented with those records. It also Includes consideration ol any unusual items or disclosures in the financial slatemenls, and seeks explanations from the Trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be reqUId in an audil and CA)nsequenlty I do not express an audit opinion on the view given by the financial stalements. Independ?nt examln8r'3 3ta19ment In the course ol my examinath)n, no matter has come to my attenbon 1. which gives me reasonable cause to believe thal in any malerial respect the requirements.. lo keep ac¢ounling re¢ords in a¢¢ord8n¢e wilh Se¢iion 4411 Ila) ol lh& Charities and Trustee Invoslmenl IS¢ollandl A¢1 2005 and Rtrgulation 4 01 the Chanti¢$ A¢¢ounts IS¢otlandl Re9ul8tion$ 2006, and to prepare financial statements which accord with the a¢countin9 rerdS and Mpty with Re9ulafjon 8 of the Charrties Accounts (Scotlandl Regulations 2006 have not been met, or 2. to which. in my opinion. attention Should be drawn in order to enable a proper understanding ol the finanual Slalemenls lo be reached. Phlllp Morrleè, FCCA TC Group Business Adwsors & A¢¢ounlanlS 180 St Vincent Street Glasgow G2 5SG Date.. 191512026
NEwfoN MEARNS BAPTIST CHURCH STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2026 Current flnanclal year Unrestrlcted Unrestrlcted lunds funds general designated 2026 2026 Restrlcted fund Total Total 2026 2026 2025 NotsB Incom• from.. Donations and legacies Charitable activities Other trading activities Investments 424.465 10,188 8.011 1,639 425.365 10,188 8.011 1,639 430.860 11,630 7.752 2,025 Totsl Income 444.303 445.203 452,267 Expendlture on.. Tr8din9 Costs Charitsble activities 5,063 443.911 5,063 467.074 4,058 501.357 21.387 1.776 Totsl •xp•ndlture 448,974 21.387 1.776 472,137 505,415 Nel gainslllossesl on investrnenls 13 526 4.469 4.995 Net Incomellexpendlturel 14.6711 120.8611 3.593 121.9391 153.1481 Translers been lunds 136,OW} Oth•r r•eognl8•d galn8 and 1088•8: RevalualK)n of tangible fixed 8SSèts 2.932 10,802 13,734 N•t mov•m•nt in lund• 12 140,671} 18.071 14.395 18,2051 153,1481 Reconclllatlon ol funds: Fund balances al 1 April 2025 49.251 1.080.650 376.426 1.506.327 1.559,475 Fund balanc•s at 31 March 2026 1,098.721 390,821 1,498,122 1,506,327 The statement of financial activdi'es indudes all gains and k)sses rery)gnised in the year. All income and expenditure derive from continuing activities. The notes on pages 8 to 24 fomi part ofthese finanaal statements.
NEwfoN MEARNS BAPTIST CHURCH STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2026 Prlor flnanclal year Unrestrlcted Unrestrlcted funds fundi general designated 2025 2025 Restrlcted funda Total 2025 2025 Incom• from.. Donations and legacies Charitable activities Other trading activities Investments 422.273 11.630 7.752 2.025 8.587 430.860 11,630 7.752 2,025 Totsl Income 443.680 8.587 452,267 Expendlture on.. Tr8din9 Costs Charitsble activities 4.058 414.296 4,058 501.357 75.850 Totsl •xp•ndlture 418.354 75.850 505,415 Nèt lncomè1lèxnd1Iur#l 25,326 175,8501 12,6241 153,1481 Transfers behyeen funds 136.000) N•t mov•m•nt In lund8 12 110.6741 139.8501 12,6241 153,1481 Reconclllatlon ol funds: Fund balances al 1 April 2024 59.92S 1,120,SOO 379,050 1,S59,47S Fund balanc•8 at 31 March 202S 49.251 1.080,650 376,426 1.506,327
NEwfoN MEARNS BAPTIST CHURCH BALANCE SHEET AS AT31 MARCH 2026 2026 2025 Notes Flxed assets Tangible assets Investment property 16 15 925.052 158.175 937,846 153.180 1.083.227 1.091.026 Current assets Debtor5 f311ing due after one year Debtors falling due within one year Cash al bank and in han¢J 17 17 173.195 8.499 240.773 173.195 8.973 238.047 422.467 420,215 Credltors.. arnounts folllng due vAthln on• yoor 19 17.572} 14,9141 Nèt eurmnt a88èts 414,895 415,301 Totsl a8S•t8 1•88 eurr•nt Ilabllltl•8 1.498,122 1,S06,327 Th• fund$ of th• ¢horlty Restricted incorne funds Unrestricted funds- general Unrestricted funds- designated 20 21 22 390.821 8,580 1.098.721 378.426 49,251 1.080.650 1.498.122 1.506,327 The notes on pages 8 to 24 form part of Ihese finanrjal ststements. 181512026 Th8 financial $tslemenl$ were 8pproved by the Trustees on ......................... John Twynam-Perkln8 Tru$l$e Kelth Young Trustè*
NEwfoN MEARNS BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Aecountlng pollel•s Charfty Snforniatlon Newton Meams Baptist Church is a registered Scottish Chanty {No. SC0071051. The church's office address is 2 Greenfarm Road, Newton Meams. Glasgow, G77 6FA. 1.1 Accounting convention The financial statements havè beèn prepared in accordance with thè charity's goveming document, the Charities and Trustee Investment Iscoljandl Act 2005, the Charrties Accounts Iseotlandl Regulations 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounls in accordance the Financial Reports'ng Standard applicabse in the UK and Republic ol Irel8nd IFRS 1021" The charity is a Public Beneffit Enlity as defined by FRS 102. The chadty has taken advanlage ol the provisions in the SORP lor charibes not to prepare a statement of cash flows. The financial statements are prepared in steding. which is the funcb'onal oJThenry of the charity. Monetary arnounts in these financial statements are rounded lo the nearest £. The financial statements he been prepared under Ihe historical cosl convention. The principal accounting poli¢i¢s adopied ar¢ s&1 out below. 1.2 Golng conc•m At the lime of approving the finonci81 st8lemenls. the Trustees have è re•sonable expectation th81 the charity has adequate resources to ¢onlinuè in operational existèncè for Ihe ft)re$èÈablè future. The Tru$lee$ ¢¢n$ider there are no material uncèrtainli6$ aboul th$ charity's abilty lo continuè as a going concern. Thu$ the Trustees continue to adopt the going concem basis of accountin9 in preparing Ihe finanaal statements. 1.3 Chadtablè fund$ Unrestricted funds are available for use at the discretion of the Trustees in furtheran of their charitable objective8. Designated funds comprise lunds which have been set aside at the disc10Th of the Trustees lor specific purposes. The purposes and uses of the designated fijnds a set out in the notes to Ihe financial statement5. Restricted funds are subject to specffic condiityjns by donors or grantors as to how they may be used. The purposes and uses ol the restricted lunds are set out in the notes to the finanaal statements. 1.4 Incom• Income is recognised when the tharity is legalty enlitled to it after any performance condilions have been rnel. the amount$ ¢8n be measured rèliabty, and it is probable that incom& will r¢¢&ived. Cash donations are recognised on receipt. Other donalions are recognised once the charty has been noty'fied of the donation. unless performance conditions require deferral of the amount. Income lax recoverable in relation to donations receNed under is recognised at the time of the dtsnation. Legacies are recognised on receipt or olherwise rf the chaiity has been nolified of an impending distribution. the arnount is known. and receipt is expected. If the amounl is not known. the legacy is treated as a contin9ent 855et.
NEwfoN MEARNS BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Accounting policies (Continuedl Glft Ald Income tax recoverable on Grft Aid donations is recognised when the respective donation has been recognised and the coVerable amount ol income tax can be measured reliably", this is normally when the donor has completed the relevant Grft Aid declarabon form. Income tax recoverable on Grfi Aid donations is allocated to the same Fund as the respective donalson unless speafied by the donoi. In¢ome frorn Charltab18 Actl¥ltl8s Income Irtsm charrtable activities Indudes income eamed both from Ihe $uppty of goods or services under contractual arrangements and from performance-relate¢J gfants which have conditions that specify the provision of particular goods or services to be provided by Ihe charity. Income from charitable activities is recognised as earned las the related goods or seryices are prOVed>. Income frorn other trodlng a¢ll¥ltie• In¢ome from other trading activities includes income eamed from both trading actsvities to ralse fijnds for the charity and income from lundraising events and is recognised when the charity has entitlement to the funds, it is probable that these will be recewed and the amounls can be measured reliab. Inv•8tm•nt Incomè Interest on funds held on deposrt is Indudetl when receNable and the amount can b8 measured rellably by the charity., this is normally upon notification of Ihe inlerest paid or payable by the bank. 1.$ Expendlture Liabilities are recognised as expendrture as soon as the is a legal or constructive obligation committing the charity to that expenditure. it is probable that setuement wim be required and the amount of the obligation can be rneasured or estimated reliabty. Liabilrties a m&asured on recognition al hislori¢•l cost and Ihen $ubsequ$ntly m¢o$ur¥d al th¥ best &slimal& of th¥ amount required lo settle th¢ obligation at Ihè r&porting date. The excèption 1$ that certain fin8n¢i81 Instruments must be adjusted to their present value", these include financial liabilitiès where settlement is deferred for more than 12 months after Ihe reporting date. All expendilure 15 accounted for on an acKnJals basis. Al expenses induding support costs and governance costs 8re allOled or apportioned to the applicable expenditure heading3. Ralslng Funds Expenditure on raising lunds indudes all expendilure incurred by a charity to raise funds for its charitable purposes. 11 includes the costs ol 811 fundraising activrties and events togethei with those c9515 incurred in seeking donations, grants and legacitrs and in¥estment management costs. Choritable a¢tlvllie$ Expenditure on charitable activrties include5 all costs incurred by the charrty in undertaking 8Ctivities that furthei rts charitable aims foi the benefrt of rts beneficiarres. induding those supptsrt costs and costs relating tts the governance of the charrty apportioned to charilable activrties. The costs of charitable activities presented in the Statement of Finanaal Ath"vrt*s indudes the costs of boih direct service provision and the payments of grant awards if applicable. Grant expendlture Grants payable are made to third parties in the fvrtherance of the charrtable objects. The award of a granl is recognised as a liability onty when the criteria for a conStructe obligation are met. payment is probable, it can be measured reliably and there are no condrtions attaching to its payment that limrt recognition.
NEwfoN MEARNS BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Accounting policies (Continuedl Govèmaneè costs Governance costs (which are induded as a component ol support costs in accordance wth SORPI comprise all costs involving the public accountabilrty ol the charity and rts compliance with wulath)n and good practice. These costs include those related to constitutional and slalulory requ1MentS. external scruts'ny (audit or independent examinationl. sirategic management. and other legal and wofessional lees. Irrecoverable VAT Irrecoverable VAT is charged against the expenditure heading for which it was incuThed. Tax?tlon The church 1$ recogni$&d as a ¢harity lor lh& puryises of applicable taxab'on legislation and is therefo not $ubi¢cl to taxation on 11$ ¢haritable acbvrt*$. 1.6 Tan9lbl¥ fix¥d as¥et¥ Tangible fixed assets are initialty measured at cosl and subsequenty measured at cost or valuation, net of depreciation and any impairment losses. The church building is staled al cost. D&preuatMM is provided al the annual fate 01 2% straight line. No depwlalion has been prov on the ¢hur¢h's land. The church's residential properties are slated at valuation as at 31 March 2021 on which no depreciation has been applied. Equiprnenl Is 518ted at cost less ac¢vmul8ted depreciation. The ¢o$l of minor 8ddrtions or those eosling below £5.000 are not ¢8pit81i3ed. Depreciabon is provided lo wrrte off the ¢0$1 of equipment over their useful Ilv8s. The gain or loss arising on the disposal of an asset is determined as the difference befvrfeen the sale proceeds and the carrying value of the assel. and is recognised in the S1&ment of finartcial 8th'vth'es. 1.7 Investment property Investment property, which is propety held to earn rentals andlor for capital appreciation, is inltial cognised at cost, which indudes the purchase cost and any direclty attnbutable expenditure. Subsequent it is measured at fair value at the reports'ng end date. The surplus or deficit on ValUatIon is recognised in profit or loss. 1.8 Impalrnient ol Ilxed asseis At eath reporting end date, the charity reviews the eArrying amounts of its t8ngible a$sets to determine whether there is any indication that those assets have suffered an impaimient loss. If any such indic8tion exists, the recoverable amount of the asset Is esbmated in order to detemine the extent ol the impaimient loss lif any). 1.9 Cash and eash tquival•nts Cash and cash equivalent5 include cash in hand. dep05rts held at call wilh banks. other short-lerrn liquid inve5trnents wth original maiurtties of thTee monlhs or less. and bank overdiafts. Bank overdrafts are shown within borrowngs in current lia1th$. 10-
NEwfoN MEARNS BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Accounting policies (Continuedl 1.10 Flnanelal Instrnm•nts The charity has elected to appty the provisions of Section 11 'Basic Financial Instwments, and Sects'on 12 'Other Finanri81 Instruments Issues. of FRS 102 to all of its financial instruments. Flnancial instruments are recognisefl in the chanty's balance sheet when the chailty becomes party to the contractual provisions of the instrument. Financial assets and liabilitEs are offset. wth the net amounts presented in the financial statements, when there is a legalty enforceable right lo set off the recognised amounts and there is an intention lo settle on a net b8515 or to realise the asset and 5elUe the liability simuhaneou5ty. Basle finanelal •ss•ts Basic financial asset5. whKh indude debtor5 and cash and bank balances. a initially measured at tr8ns8Ction price induding Iransaction costs and are subsequentty carried at 8morty.sed c05t Using the effective interest method unles5 the 8rr8ngemenl wnstilules a finann9 transaction. where the transaction 1$ measured at the present value of the lulure receipls discounl•d at a market rate of interest. Finanaal assets classified as receivable within one yeai ale not amortbsed. Other Ilnanclal assets Investments in the equity of residenlial properbes awe inrtialty measured at the transaction price induding Irans8clion costs and are subsequenlty carried al fair value which is taken as the open market value of the investment. B•sle flnanelal Ilabllltles Basic financial liabilities. induding credrtors and bank loans are inrtkylly recognised at transaction price unless the arrangemeni ¢onslilul&$ a fin8n¢ing transaction. where the debt insiwment is measurtrd at the present value ol the lulure payments discounted at a market rat& of inler¥$t. Financial liabiliti&$ ¢lassified as payable wrthin one year are not amortised. Other Ilnanclal Ilabllltle• Concessionary Loans given are inrtialty measured at cost and adjusted in subsequent years to reflect repayment and any irnpainnent. Debt Instrumènts are subsequ•nity carried at amortised cost. usin9 th• •ffèctNè interest rate m•thod. Trade creditors are obligations lo pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are dassified as current liabilrties if payment is due within one year or less. If not. they are presented as non-current liabililie5. Trade credrtors are recogni5ed init4.ally at tr8ns8Ction price and 5ubsequentty mea5vred 8t arTK)rtised cost using the effeclNe interest rnethod. Dvecognition of financial li4bilitsS Financial liabilities are derecognised vthen the charity's contractual obligations expire or are discharged or cancelled. 1.11 Taxation Legacies are recognised on receipt or OtheiSe rf the charity has been notified of an impending distribution, the amount is known. and receipt is expected. If the amounl is not known. the legacy is treated as a ontin9ent asset. 1.12 Employèe benèfits The cost of any unused holiday entNlernent is renised in the period in vthich Ihe employee's ser¥irEs are received. Termination beneffts are recognised immediatety as an expense vthen the chanty is demonstrably committed to temiinate the employment of an empknyee or to prov¥Je lemiination beneffts.
NEwfoN MEARNS BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Accounting policies (Continuedl 1.13 R•tlr•m•nt N•t1 Payments to deffined c4)ntribulH)n retirement benefft schemes are charged as an expense as they fall due. The charity parbcip8les in the B8pbst Pension Stheme vknere relirement beneffts lo employees of the church a funded by contnbutions from all parb"upab"ng members of the scheme. Payments are made in accordance wbth periodic calculations by consulting actuaries and are based on pension costs applicable across all the participating churches. taken as a whole. The church accounts for this scheme as a defined benefit pension scheme in accordan with FRS 102. Crltl¢•l o¢¢ountlng tImat¥S and ludgom•nts In the application of the charity's accounting poliaes, the Trustees are required to make judgements. estimates and assumptions about the carying amount ol assels and liabilrties that are not readity apparent from other sources. The estimates and associaled assumplions are based on historical experience and other factors that are considered to be relevant. Aclual resuhs may differ trom Ihese estirnates. The estimat¥s and undèrtying assumptions af¢ reviewed on an ongoing ba$i$. Revisions lo a¢¢ounting èstimates are reco9nised In the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and fijture periods wthere the revision affects both current and future periods. 12_
NEwfoN MEARNS BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Ineom• from donatlons and legael•s Unrestrlcted Restrlcted funds lunds 2026 2026 Total Unrestrlcted Restrlcted funds funds 2025 2025 Total 2026 2025 Donations and gffts Legacies 414.465 10,OC4J 415.365 10.000 410.273 12.000 8.587 418.860 12,000 424,465 425,365 422,273 8,587 430,860 Don•tlon$ •nd glfts Open offerings Glft Aid offering$ gnd donations Inrne lax recovered Earrnarked gifts Anonymous giving Hardship fund Other 98.582 98.582 127.728 127,728 218,743 59,281 18.599 19,260 218.743 59,281 18.599 19.260 208.014 54.619 4.826 14,639 208,014 54,619 8,413 14,639 5.000 447 3.587 5.000 447 414,465 41S.36S 410.273 8,587 418,860 L•gacl•• Cedar Charitable Trust Estate ofAndrew Carter 12.000 12,000 10,0 10.O)0 10,OLKI 10.(M)O 12.000 12,000 Ineomè from eharStabl• aetivrti•s 2026 2025 Leth'ng income Other InMe 10,188 10,830 800 10,188 11,630 13-
NEwfoN MEARNS BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Ineom• from othèrtradlng actlvltl•$ Unrestricted Unrestrlcted funds funds 2026 2025 Oasis Café donabons 8,011 7,752 Incom• from Invegtment• Unre8tricted Unre8trlcted fund• fund8 2026 2025 Interest receivable 1,639 2,02S Exp•ndltur• on tradlng aetlvltl•8 Unmtrtct•d Unrnstrlctod fund• fund8 2026 2025 Tradlng costs Oasis Café expenditure 5,C63 4,058 14_
NEwfoN MEARNS BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Cost ol eharltablè a¢¥tI•$ 2026 2025 Staff costs Depreciation and impaimient Prernise5 costs Running costs Legal and prolessional Interest and finance charges Governance costs 242.206 26,528 55.763 100.524 229.129 26,528 47.383 147,263 744 584 4,775 758 4,680 430,459 456,406 Grant funding of activities Isee note 91 36.615 44,951 467.074 501,357 Analy¥l¥ by fund Unrestricted funds gener81 Unre$lri¢ted lunds- De$i9n8led funds Restricted funds 443,911 21,387 1.776 414,296 75,850 467.074 501.357 Grants payable 2026 2025 Grants to Instrtutions.. Baptist Union of Scotland Scottish Baptist College Glasg¢)w City Mission Evangelical Alliance BMS World Mission Mission Aviation Fellowship Tearfund Back to School Bank East Renfrewshire The Voice Project E851 Renfrew5hire Carers Feeding East Renfrewshire Now Operation Mobilisation Scripture Union Scotland 12,684 1,800 502 547 767 6,339 5,220 12.306 1,600 282 500 20,953 200 565 645 502 388 166 1.200 1.900 30,115 38,951 Grants to indNiduals 6,500 6,000 36,615 44,951 15-
NEwfoN MEARNS BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 10 Employ••s Number ol employees The average monthty number ol employees during the yearwas-. 2026 Numb•r 2025 Number Total number Employment co•t8 2026 2025 Wages and salarl&s SorAal security costs Other pension costs 209,461 14.387 18,358 199,197 11.887 18,045 242,2C6 229,129 Thore w8re no &mploy88$ whose gnnual r¢muneratK)n wa$ t80.0 or more. 11 Tru¥t•o8 None ol the Trustees lor any persons connected wrth them) received any remuneration or benefrts from the charity during the year. See also Note 24. 12 Net Incomellexpendlturel lor the year 2026 2025 Nel Inme1(eXpenlfUreI for the year is stsied after ¢harginWl¢redilingl'. Fe¥$ payable for indep&nJenl examination ol a¢Unts Depreaation of owned tangible fixed assets Profit on disposal ol tan9ible fixofl assets 4,660 26,528 {13,7341 4,775 28,528 13 Galns and losses on Investments Unrestricted R¢stricted funds funds dèsignated 2026 Totsl Unrestricted Retytricted funds funds dèsignated 202S 2026 2026 202S 202S Gainslllossesl arising on.. Revaluation of investment properties 526 4.469 4.995 16-
NEwfoN MEARNS BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 14 Taxatlon The chanty is exempt from taxation on its activities because all its income is appld for charitable purposes. 15 Investment 2026 Fair value At 1 April 2025 Net gains or losses through fair value adjustments 153,180 4.995 At 31 Marth 2026 158,175 The Church has an Interest in a rèsidential propety which il has secunty over. The propety Is owned and occupied by one of the church's pastors. The fair value of the investment has been amved at on the basis of a valuation carried out at 10th March 2026 by Alld Surveyors Scotlan(J. who are not connected with the charity. The valuation was made on an open market value basis by reference to market evidence of tr8nsac¢ion prices for 5irnilar properties. The below deiails the church's share in the residential properties, the attributable v8lualion as based on the church's Share and the percentages held by the De81gnated Fund IUnreslri¢tedl and the Padfield Downes Fund {RestrteIjI. Held by Valuatlon Unr•$trfi¢i•d Held by R•¥trlet•d 26 Deaconsgrange Road, Deaconsbank 133.3Vo share ol tswnershipl 158,175 100.00% 158,175 17_
NEwfoN MEARNS BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 16 Tanglblè (lx ass•ts Ro$tOtgmont Total Lahd Church R•ld•ntl•l Bulldlng Prop•rtl•ts Egulpnvjht Cost or valuation At 1 April 2025 Revaluation 125,CrfKI 1.149,630 169,200 13.734 34,097 1,477,927 13.734 At 31 M8r¢h 2026 125,CrfXI 1,149,630 182,934 34,097 1,491,661 Oepreclatlon and Impalrnient At 1 April 2025 Depreciation charged in the ytrar S13,337 22,993 26,744 3,535 540,081 26,528 Al 31 March 2026 536,330 30,279 566,609 Carrylng amount Al 31 March 2026 125,C 613,300 182,934 3,818 925,052 Al 31 March 2025 125,C 636,293 169,2fy) 7,353 937,846 Analysls ol IdentIal propert1 11 Co8tlRèvaluatlonl Hold by V•ly•¢kn Unrwtrtryt• Hald by 16 Warnock Road, Newton Meams 133.9V/o share of ownership) 182,934 100.OOV. 182,934 The church has part ownership of a residential property wthich is also part owned and occupied by one ol the church's Pastors. Following part disposal ol the church's share in Ihe residential propety at 16 Wamock Road. Newton Mearns linduded wlhin Investments nole 111 to one of Ihe church Pastors during the year ended 31 March 2024. both residential propertie5 were revalued by Allie(J Svrveyors Scotland on 10 March 2026 and their valuations rellected in the firbancial statements at 31 March 2026. The above det8115 the church's share In the residential properties, the attnbutable valuation as based on the church's share and the percentages held by the Designaled Fund Iunreslrictedl and the Padfield Downes Fund (Restrictedl. 18-
NEwfoN MEARNS BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 17 D•btors 2026 2025 Amounts falllng due wbthSn one year: Other debtors (including recoverable Income Tax Prepayments and accrued income 5,068 3,431 4.078 4,895 8,499 8,973 2026 2025 Amounts folllng due after moro th•n ong year. Concessionary loan 173,195 173,195 Total debtor• 181,694 182,168 Concessionary loan of £173,19512025 - £173.1951 represents the balance arising on the sale by the church during the year ended 31 March 2011 (for defee consideration) of Ihe property at 20 We5terdale, Slew8rtrield. East Kilbride lo Rev. Deans Bu¢han8n and Mrs Anne Bu¢hanan. Rev. Buchanan is one of the church's former Pastors. During the year to 31 March 2025. the above property was sold and the loan was transferred to the new property purchased at 19 Woodlands Court. Woodlands Road. Thomliebank, Glasgow. The church holds a security over the property. 18 Retlrement benellt 8chem•s 2026 2025 Defined contrlbutlon schemes Charge to profit or105s in respect of defined contribthion scheme8 13.548 13.394 The charity operates a defined contribulion pension scheme lor all qualfying employees. The assets of the scheme are held separatety trom those of Ihe charity in independentty adminislered fvnds. 19 Creditor¥'. arnounts falling due within one year 2026 2025 Accruals and deferred income 7,572 4,914 19-
NEwfoN MEARNS BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 20 R•strfet•d funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust Subject to specjfic condition5 by donors as to how they may be used. At 1 Aprll 2025 Incomlng rèsourtès Resource$ èxpènded Galns and At 31 March lo&s•s 2026 Padfield Downe$ Building Fund Revaluation Reserve Hardship Fund 271,957 95.947 8.522 271,957 111,218 7,646 15.271 {1.7761 376,426 {1.7761 15.271 390,821 Prèvlous yè•r: At 1 Aprll 2024 Ineomlng 8oureè8 Rè8ourc•$ *Xnd+d Galn8 and At 31 March 2025 Padfield Oowne$ Building Fund Revaluation Reserve Thank Offenn9 Fund Hardship Fund 271.957 95.947 7,450 3.696 271,957 95,947 3.587 5.000 111,0371 11741 8.522 379,050 8.587 376,426 Purpo8wJ of Restrlcted Fund• Padfleld Oownes 8ylldlng Fund The P8dfield Downes Building Fund was fom&d from the residual sal¥ pro¢e¥d$ of 8 h¥rilable propety known as"Bramhall" which was held by the church's lomer Padfield Downes Memorial Fund for the purposes of Christian evangelism. enlerprise, education and research and originalty established by a Deed of Variation on the will ol Mrs Dorothy Padf eld Downes by her son, Thomas Alan Padfield Downes. on 18 October 1991. The "Bramhall. property was sold on 16 March 1999 and Ihe proceeds have been used for various purposes. considered consislent with Ihe purposes of the Pa¢Jfield Downes Memorial Fund. since this date. Th8 Fund indudès a Rtrvaluation R•seNe arising from thè proportion of the cèvaluation uplrft arising as at valuation on 31 March 2021, 31 March 2024 and 31 March 2026 of the church's residential properties that are held by the Padfield Downes Buil¢Jing Fund. Thank Offerlng Fund Represents donations given primarity to support the thurch's ouireach work in the new housing are8 kn¢)wn as Maidenhill, Nèwton Meams. Thè Fund was exnded as at 31 Marrth 2025. Harilshlp Fund Represents donatsons given speryfical to support the community of Newion Mearns Baptist Church initially in response to Ihe Coronaviws pandemic crisis. -20-
NEwfoN MEARNS BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 21 Unr•strSetod funds The income fijnds of the charity include Ihe following designaled fijnds which have been set aside out of unrestricted fvnds ty the Trustees for speufic pUoseS.. At 1 Aprll 2025 Incomlng rèsourtès Resource$ èxpènded Transfers At 31 March 2026 General fvnds 49,251 444.303 1448.9741 136.0001 8,580 Previous year: At l Aprll 2024 Incomlng Resource8 gxpended Trnn8fer8 At 31 March 2025 General fvn¢Ys 59,925 443.680 1418.354} 136,0001 49,251 21
NEwfoN MEARNS BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 22 Unr•strSetod funds - d•slgnat•d These are the designated )lJnds which have been set aside out of unrestricted funds by the Trustees for 5peafic purposes.. At 1 Aprll 2025 Re50urce5 èxptnd•d Translers Galns and At 31 March lo&s•s 2026 De$ignated Assets Fund Revaluation Reserve Property Fund Capital Fund 862.704 21.268 26,678 170.000 862,704 24,726 41,291 170,000 3.458 121.387} 1.080.650 121.387) 3.458 1.098.721 Prevlou8 year: At 1 Aprll 2024 Resource8 •xpended Transler• Galns and At 31 March losBe8 2025 Designated Assets Fund R8valuation Rèservè Property Fund Capital Fund 889.232 21,288 40.000 170,0 126.528} 862,704 21,268 28.678 170,000 149.322} 1,120,S 175.880) 1.080,650 Purpo8•8 of D•81gnatèd Fund8 Deslgnated A88ets Fund The Designated Assets Fund preSentS the net book value of the church's building. manses and equipment. but excluding Ihe church's shares in manses Ihat are held by the Padfield Downes Building Fund IRestrictedl. The Fund includes the Revaluation Reserve arising on the revaluation of the thurch's m8nses on 31 March 2021, 31 March 2024 and 31 March 2026 in vthich thè church has intefests. Property Fund The Property Fund represents ear-mae funds set aside for property paIrS and maintenance. Capitsl Fund The C8pit81 Fund represtrnts ear-wnarked lunds set 4$ide for capital sptrnd in the futu. -22_
NEwfoN MEARNS BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 23 Analysls of nèt assèts b•tw••n funds Unréstrletèd Unr•strlet•d funds fund8 general deslgnated 2026 2026 Rèstrtctèd fund8 Total 2026 2026 At 31 March 2026: Tangible assets Investment properties Current assetsllliabilities 13.734 911.318 925,052 158,175 414.895 158,175 232.646 {5.1541 187.403 8.580 1.098.721 390.821 1.498.122 Unr•strlet•d Unrn3tct•d funds fund• 9•neAI d•8lgnat•d 2025 2025 R•strlct•d funds Total 202S 2025 At 31 March 2025.. Tangible assets Investment properties Current 86setsllliabilities 768.646 169.200 153,180 54.046 937.846 153,180 415,301 49.251 312.004 49.251 1,080.650 376.426 1,506,327 24 R•latod party trnn8aetlon• There were no disdosable related party transactions during the year12025- none). -23-
NEwfoN MEARNS BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 25 R•tlr•m•nt n&fit obIlga0ns The Church is a partiCApating employer ihe Baptist Pension Schemellhe Scheme'l, which is a separate legal entity administered by the Pension Twstee IBapt15t Pension Trust Limrtedl. The Scheme. previously known as the Bapt15t Ministers Pension Fund. 5t8rted in 1925. M the beginning of the finanryal year. the scheme comprised of a defined beneffts scheme whth wa5 closed to luture accwal on 31 December 2011 and defined contribution plan which was opened in January 2012. The assets of the Scheme are held separate from those of the Employer and the other part1PatIng employers. For the current financial year. the pension prowsion for members of the Scheme is being made through the Defined Contribution IDCI Plan. In gener81. members pay 8°/0 of their Pensionable Income and employers pay 6°h ol membèrs. Pensitsn8ble In¢ome into individual pension accounts, which arè operated and managed on behaN ol the Pension Trustee by 8roadstone Corporate Benèfits Ltd. In addition, the empltsyer pays a lurthei 4tsh of Pensionable Income to cover Death in serv Benefits. administration costs, and an associated insurance poliw which provides income protection for Scheme members if they are unable lo work due lo long-term incapacity. This income proteclion polry has been insured by the Baptist Union of Great 8ritain with Aviva Lirnited. Furthemiore. members ol the Bas Seclion pay dUCed contributions of 5¥¢ of Pensionable Incorne, 8nd their employers al80 pay a total of 5%. In October 2024, the Insurance company Just Group completed a buy out of the liabilrties ol the closed defined benefbt scheme. From thal dale any remaining liability of Ihe partiapats.ng scheme members to defined benefit scheme ceased and the £1 per nwjnlh defiul contributions payable by the participating employers which were agreed in the recovery plan approved in August 2022 also ceased from that date. Administration of the closed defined benefit Scheme transfee from Ihe pension trustees lo Just Group from that date. Mov•mnt In Bal4n¢ Sho¢t11oblllty Section 28.11A of FRS 102 requires agreed deficit recovery payments to be recognlsed as a Ilabllity. The present value of the agree¢J deficit contributions were immaterial at the beginning of the financial year and were lulty extinguished once buy oul was completed by Just Group in October 2024. The church's total pension co81 for the year ended 31 March 2026 was £4.81012025'. £4.651 I. D•fintd eontrlbutlon p•n$lon $eh•mè Thè church also contribute¢J employer conlributions totallin9 £4.902 to Avlva for one employee 12025 £4,872), £2,107 to True Potential for one employee12025 - £2.03SI and £6.S39 to Aegon for five employees 12025. £6,487, three employees). -24_