Scoiiish Charty No. SC007188 Harper Memorial Baptist Church Trustees, Report and Financial Statements For ihe year ended 30 Sepiember 2024 Innes & Partnprs Chartered Certified Accountants
Harper Memorial Baptist Church Coo¢ents of tbe Flnanclal Statementsfor iheyear ended 30 September 2024 Page Report of the Trustees Report of the Independent Examiner Statem¢nl of Financial Activities Balance Sheet Notes to the Financial Statements 7-15
Harper Memorial Ba Report oftbe Trnsteesfor iheyear endgd 30 Seplemr 2024 tist Church The Trustees are pleosed to present their re)rt together with the financial slalements of the Charity for the year ended 30 September 2024. Reference and administrative details Prineipal and registered #ddms Hary>er Memorial Baptist Church Crnigiehall Street Glasgow G51 IEU l-ruslibL Structiirei governance and mAD*gemeDt G(pverrtin¥ document Hllrp¢r Memorial BRplisl Church was constituted in 1897 and has ¢onlinued ever since in the Plantation dislrict of Glasgow. The chuKh is a registered Scottish Charity (No. SC(K)7188). During the y¢ar, Grace Baptist Church Govan (SCO19261) closed and merged its assets with Hller Mernorial Baptist Church. A property with a value of £220.000 h&s been brou8ht in against broughi forward trs¢rv¢s which was held by Grace Baptist Church Govan. Recrtsltmenl and appoinlmenÉ of Trtea The Elders and Deacon5, as the olce-bearers of the church make up the Twstees. Elders are ord&ined without term with the approval of the Church members. An election of Deacons is held every seven years by ballol and the Deacons are appointed with the approval of the Church members. The title deeds to the propety and land owned by the chUh are held by the Church Secretary. Aims and Affiliations The nhject. tTrf the C,hiirch is t.o kniTrw the I,ord .lesiis c.hrist t.hmiigh His Word and i(Tr make Him better known through the preaching and teaching of His Word. Our mission statement is "Together on a mission to make and grow disciples of Jesus Christ, seeing lives changed around our doors, in our city, across our nation and over God's world." The Church is affiliated to the West of Scotland Gospel Partnership. & cooperative of local churches and we are metnbers of the UK-wide Fellowship of Independent Evangelical Chur¢hes (FIEC) which numb¢rs over 6(K) congregations throLtghout the United Kingdom. Page I
Harper Memorial Baptist Church Report of the Trn5teesfor ¢heyear ended 30 September 2024 Achievements and performance In addition lo our two Sunday se1¢¢9, a mid-w¢ek prnyer meeting and a number of small groups meeting in homes around the city, we have midweek clubs and meetings on the premises for children and young people. On an average Sunday, attendance at Morning Worship is around 220 adults plus children with 30+ countries represented. Our Cross Cultural Workers continued io develop contacts with inl¢mationals from a range of different nations and we provided both practical and spiritual support to asylum seekers and refugees, as well as welcoming increasing numbers of international studeiits. R¥tlecting the increasingly muliiculiural nature of our church, and ihanks to a grant from the FIEC, one of our members, A Nigeriftn national, began his second year as Minislry Trainee at the beginning of September. Supported by funding from the Bonar Trust and the Sychar Trust a Pakistani member began a three year appointment as Pastor in Trnining having completed two yew3 as Ministry Trainee. We continue to build bridges and engag¢ with Ihe local community. A regular weekly after school Club was held in Lorne Street Primary School throughout the year, our Associate Pastor and our Cross Cliltural Worker spoke at school assemblies, and school staff and pupils visited our church premises for their Easter assembly. The weekly free community meal has Continued throughout the year with 50+ attending each week. We have a core of regular attendees who are joined week by week by others who hav¢ accepted an invilAiion and may come on a one-off basis. Harper Tot5. our group for preschool children accompanied by a parent or carer, meets weekly during school terni time. and provid¢s support for the adults as well as the children. The English Language Class meets weekly and caters for both complet¢ beginners and those who hAve some knowl¢dg¢ of the English language. Our contact wilh a local care home continued, with a monthly service. in addition to weekly visits to individual residents by one of our ministry trainees. When Grnce Baptist Church GovAn ceased meeting in late 2022 their gospel work was adopted by Harper Church workin8 alongside '20Schemes' a church planting and revitalisation ministry. In 2024 assets were merged and work is ongoing to plant a new church in the heart of Govan. Key Managemen¢ Personnel Remuneration The Trustees consider all elders and deanS as the key management personnel with re8ard to directin controlling and running the day-to-day operations of th¢ charity. These are listed on page l. Elders and deacons do not receive remuneration for this role with the exception of those who are also pastors who are reinunerated for their role as pastor. Salaries are set at market levels seen within the charity sector for similar roles. In October 2020 it was agreed that the average of CPI and RPI ov¢r the year be usfd lo ]Culate salary increases for the following 5 years. Finanr,iAI rr,view Principal sources Dffunding Our main Source of funding continues to be from regular donations from members and friends of the church. Page 2
Harper Memorial Ba tist Church Report of the Trust¢esfor ihc yeuw ended 30 Seplember 2024 Resultsfor iheyear The financial statements for the year ar¢ set out in pages 5 to 15. The Statement of Financial Activities on page 5 reflecis an increase in funds of £10,409 (2023: £284,430)- This, when added to the funds brought fotivard of £897,664 (as restated) gives general funds carried foNard of £151.753 (2023.. £139.683), designated funds of £692,862 (2023: £708,163 as reslaled} and restricted fiinds carried forward of £63.458 (2023.. £49,819). Designated funds re18te lo assets tolalling £476,757 (2023.. £708,163 as restated) and funds set aside for a property in Govan totalling £207,416 {2023'. £nil) and funds set aside for Govan church plani costs totalling £8,689 (2023: £nil). The total funds wried forward are £908,073 (2023: £897.664 as reslated). Free reserves {i.e. General funds) amounts lo £151,753 (2023.. £139,683). Reserve Th¢ ¢hur¢h's reserves policy was adopted by the trustees in September 2024. It is the policy of th¢ churcl) lo maintain unrestricted funds at a l¢v¢l which equates to three months of Committed unrestricted expenditure. For the year 2024125 this will equale to £35.000. As shown on page 13. the level of unrestricted reserves at 30 September 2024 amounted to £151.753 (2023.. £139,683) which is well aErt)ve the rquired level. Plgns for future period8 The Church plaiis to continue to setve the Plantation community. adhering to our mission statement to live in the ommunity that we want to rea¢h. lo build relationships and to invite people lo a personal relationship with Christ. W¢ will continu¢ to work towards planiing a new church in Govan and are actively seeking pr¢mis¢s and a lead church planter. Trustee5' responsibilities In relatlon lo the finineial statements The charity trus1¢¢5 &r¢ responsible for preparing a Iruslees, annual report and financial stalemenls in accordanc¢ with applicable law and United Kingdom Accounting Standards (United Kingdom Genernlly Accepted Accounting Practice). The law applicable lo Charities in Scotland requires the charity trustees to prepare finanLial 51atements for each year which show a trLie and fair view of the stale of affairs of the charity and of the incoming resources and application of resources, of the charity for that period. In preparing the financial statemcnls, the trustees arc required to: select suitable accounting policies 8nd then apply them consistently- observe the method 8nd principles in the applicable Charities SORP. make judgements and estimate5 that are reasonable and prudent,. state whether applicable accountin8 Standards and statements of recommended practice have be<n followed, SUbjt to any departures dis¢los¢d and explained in the financial ststem¢nls; pr¢patE the financial statements on the going concern basis unless it is inappropriate lo presume that the charity will continu¢ in operational ¢xist¢nce. The trustee5 are responsibl¢ for k¢¢ping proper aoUntIng records which disclose with reasonable accurdcy at any time the financial position of the charity and lo enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005 and the Charilies Accounts (Scotland) Regulations 2006 (as am¢nded). They are also responsible for safeguarding the assets of the charity and hen¢¢ for taking reasonable steps for the preveT]tion and detection of fraud and other irregularitie5. The trustees are responsible for the maintenance and integrity of the charity and financial inforniation on the eongrcgation's webslte. Legislation in ihe United Kingdom governing the preparation and dissemination of financial ststemenls may differ from legislation in other jurisdictions. Approved by ihe Truslees on . 2U25 and signed on iheir behalf by." Page 3
Harper Memorial Baptist Church Report of tbe Independent Examiner to the Trust¢esfor ihe year ended 30 September 2024 I report on the accounts of the Charity for the year ended 30 September 2024 which are set out on pages 5 to 15. Respectlve re5pon51bllitles of TThstee5 2nd examiner The Charity's TnJst¢es ar¢ responsible for the prepar&tion of the COUnt5 in accordance with the lemis of th¢ Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The Charity's Trustees consider that the audit requirement of Regulation l O(1 ) (a) to {c) of the Accounts R¢gulalions does not apply. It is my responsibiliry to examine the accounts as required under section 44(1) {e) of the Act and to slate wh¢ther partl¢Lilar matters have Come to my attention. Basls of independent examlner's statement My examination is carried out in accordance with Regulation I l of the Charities Accounts. (Scotland) Regulations 2006. An examination includes a r¢view of th¢ a¢¢ounting r¢cords kept by the charity and a comparison of tlie accounts presented with Ihose records. It also includes consideration of any unusual item5 or disclosure5 In the 8¢¢ounts and seeks explanalions from the truslees concerning any su¢h m8t¢¢rs. The procedures undertaken do not provide all the eviden¢¢ that would be required in an audiL and consequently I do not express audii opinion on the view given in the accounts. Independent Examiner's Statement In the course of my examination. no matter has come io my attention which gives me reasonable cause to believe that in any material respect ihe requirements.. to keep &ccounling records in accordance with section 44{1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounis Regulations (as amended) and to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Account5 Regulations (as amended) hav¢ not b¢en meL or to which, in my opinion, attention should be drawn in order to enable a proper understanding of ihe accounts io be reAched. Innes & Partners Limited Chartered Certified Accountants Innes House 18 Shairps Business Park Hou5toun Road Livingston EH54 5FD Date- 2025 Page 4 l+P Innes & Partners ChartprEd Cprtified Accountants
Har er Memorial Ba tist Church Statement of Financial Activitiesfor thear ended 30 September 2024 Re5tgted Totgl Unrestricted Note Ceneril Designated Restricted Funds Funds Findj Tot¥1 Fundg 2024 Central Desigrlated Rtstriettd Fund$ Ftsnd$ Funds 2023 Donation5 gnd Le8$ Chariiabl¢ A1vitieS tnvestments 220.498 8,146 85.900 306J98 14,415 1th52 174,706 3.444 262 5&764 233,470 3,444 262 6269 505 Totsl ltheome 228,644 7,416 86,405 322,465 178,412 58,764 237.176 Exp¢ndlture chlble Activit 192.499 14.886 14886 104,671 104ffj71 312,056 312,056 157,274 157274 lQ,061 69,371 69J71 236,706 236.706 Tot•1 Exp¢thditur¢ 192,499 10,061 Nei Inromel(expendilure) Transfers betwe¥n funds 36,145 124.0751 12,070 17.4701 118.2661 17.8311 31.907 IOA09 21.139 {14.3351 6,803 110.0611 110.6071 14,335 470 12 13,641 10,409 IlQ,0611 3.727 470 Other retognlKd gAlnslllossesl Gains on reVUl10n Orred asy¢ 283.960 283.960 Net Movement In Funds 12.070 13.641 10,409 6.803 273,899 3,727 284.430 Rttontillath)n of Funds Tothl Fund5 Brough¢ Forw*rd Totsl Funds Cirrled Fon¥&rd 139,683 151,753 708,163 692.862 49.818 897.664 132,880 139.683 434,264 46,090 49,818 613,234 12 63.439 908.073 708,162 897h64 Reprejented by: RcSlrKd Incomc Fun(ts Unrcstricicd Funds 63.458 63.458 844,615 49,818 4Y,818 847,846 151.753 692,862 139.683 708,163 Totil ChArity Fundj 12 ISl,753 692362 63.458 908.073 139ffj83 708,163 49118 897,664 Thc notes on pages 7 to ij form pllrt of these accounts. Page 5
Harper Memorial Baptist Church Balance Sheet as ai 30 September 2024 Restated Total Funds 2023 ureStricted Gener41 Designated Funds FndS Total Funds 2024 Note Restricted Funds Fixed Assets Tangible assets Total Fixed Assets 476,757 476,757 476,757 708,163 476,757 708,163 Current Assees Debtors Cash at Bank and in Hand 24.238 129,640 153,878 24,238 409,203 22,777 168.339 216,105 63.458 Total CurreDt Assets 216,105 63.458 433,441 191,J 16 Liabilities Crediiors falling due within one year 10 Nei Current As$etsl(Li4bili¢ies) 2,125 151,753 2.125 1.615 216,105 63,458 431J16 189,501 Total Assets less Current Liabilities 151,753 692,862 63,458 9U8,073 897,664 Net Agsets li 151,753 692,862 908,073 897,664 Tbt Funds of the Cbarity Restricted Income Funds Unrestricted Funds 63,458 63,458 844,615 49,818 847.846 151,753 151,753 692,862 Total Charity Funds A2 692,862 63,458 908,073 897,664 The accounts were approved by the truslee5 on . 2025 and signed on their behalf by: The notes on pages 7 to 15 fomi part of ihese aOUnt5. Page 6
Harper Memorial Baptist Church Noles lo ¢h¢ Financial Statements for ihe year ended 30 Seplember 2024 l. A¢¢ounting poli¢ies Basis ofPrepdni0m andAssessmenl of Going Concern Harper Memorial Baptist Church is a registered charity in Scotland. The principal address is given in the charity inforniation on l of these finaneial statements. The nare of the charity's operntions and principal activities are in the trusl¢e's report on pages 1-3. The fInCIal statements are prepared in accordance with Accounting and Reporting by Charities.. Statemenl of Recommended Practice 2019 applicable lo charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS102) issu¢d on 16 July 2014 and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102), the Charilies and Trustee Inv¢5tment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The accounts have been prepared under the historical cost convention with items recognised at cosl or transaction value unless otherwise stated in the relevant note to these accounts. The a¢wunts are prepared on a going concern basis as the Trustees consider that there are no material uncertainties about the Church's ability to continue as a going concern. The financial siaiements are presented in sterling which is the functional currency of the charity and rounded to the nearest £. The Charity has taken advantage of the provisions in th¢ SORP for charities applying FRS102 Update Bulletin I as published on 2 February 2016 and does not prepare a Statement ofcash Flows. The Charity meets the definition of a public benefit ¢ntity under FRS 102. FMnds.SiruclMre Funds are classified as either StriCted funds or unreslricled funds. defind follows: Re.f¢ri¢ledJunds are funds subject io specific requirements as to their use which may be declared by the donor or with their authority or created through legal proccsses, but still within the wider objects of Ihe chariry. Unreslriciedfvndf expendable at th¢ discretion of the truslees in furtherance of the objects of the charity. If parts of the unrestricted funds are eamiarked at the discretion of the trustees for a particular purpose, they are designated as a separate fund. This designation has an administrative purpose only and does not legally restrict the trustees, discretion to apply Ih¢ fund. Income RecoRnilion Incoiyje is recognised when the charity has entitlement lo the funds, any perforniance ¢onditions attached to the irem(s) of income have bn m¢L it is probable that the income will be received and the amount can be measured reliably. Debtors arc valued at cost at the year-end and adjusied for gny amounts considered lo be irrecoverable. Interest recelvable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity. this is nornially upon notification of the interest paid or payable by the bank. ExpendilHre Recognliiort Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the ¢harity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an &rual5 basis. Creditors are valued at C05t at the year-¢nd and split between amounts due in less ihan one year and amounts due in more than one year. Page 7
Harper Memorial Ba tist Church Notes to the Financial Statements for ihe year Ènded30 Seplember 2024 Chardable Acgivili The expendilure on charitable activitie5 includes grants made. governance costs and support costs as shown in the nol¢s. T¢7ngible Fi¥edAssets and Deprecalion All tangible fixed assets costing in excess of £500 having a value lo the charity greater ihan one year. other than those acquired for a specific purpose, are capitalised. Depreciation is provided on a straight-line basis to write- off the cost or initial value. less residual value. of tangible fixed assets over their estimated useful lives as follows= Property Fixtures, fittings and office equipment 2 % slrdight line 20Q/o Straight line Property is measured at fair value. Doned servlces andlacililig Donated professional services and donaled facilities are re¢o8nized a5 income when the charity has control over the item. any Conditions associated with the donated item have been met. the receipt of the economic benefit from the use by the charity of the item is probable and thai economio benefit can be measured reliably. In accordance with the Charities SORP {FRS102) the general volunteer time of congregation Members is not recognised. On receipt. donated professional services and donated facilities are recognised on th¢ basis of the value of the gift lo the charity which is Il)e amount the charity would have been willing to pay to obtain setvices or facilities of equivalent economic benefit on the open market. & corresponding amount is then recognised as expenditure in the period of receipt. Assets with a valu¢ tolalling £rsil (2023.. £nil) were donated lo ihe chuh. 2. Related Party TransYd¢tion8 and Trug¢ees' Expenses and Remuneralion During the year no Trustees receiv¢d reimbursement of expenses incurred for their position as Triistee (?0?.I: nil). No Trust¢es re¢eiv¢d remuneration for their position as Tnjstees during the year (2023: nil). received 8 salary of £38,6211 ){)? l.. L l.1.116111 and employer pension contributions of £ 1,159 (2023.. £1,046) in his capacity as Church Pastor. received a salary of £32,058 (2023.. £26.261) and ¢mploy¢r pension onlributions of £962 (2023.. L i 8111 iii 111.4 Lapacity Associale Pastor. During the year 8 total of £82,659 (2023.. £52.471) was donated without restriction to the congregation by lh¢ trustees. Page 8
Har r Memorigl Ba tist Church Notes to the Financial Statementsfor ihe year ended 30 Sepiember 2024 3. Dottatlonj and trtatiej U•restricted GM¢rl Dtsignated Fund$ FndS Total Funds 2024 Unr¢strictsJ CeDer41 Deslgnatrd Funds Funds Totsl Funds 2023 Re¥tri¢ted Fundi Restrict Funds Ow Otyerings Gift Aid G&ving DonaiK>ns MissionaryotTeTings Gift Aid T&x Recl&ined Gran t£8acy 10,396 IOJ96 119114 91fv19 2270 37A89 43810 I00 306J98 7,171 115.860 18.992 2.702 29,981 15,860 77.756 2,702 29,981 56,094 2,270 30.924 3J.523 58.764 6,565 43,810 1,000 220,498 85,900 174.706 58,764 233,470 4. ChAritsbk Attivltlu Unrejiricttd G¢nerg1 Déil¥nttd Funds Funds To¢al Funds 2024 Unresirlcted Gene1 DuJgnted Funds Fubd$ T¢1 Funds 2023 Rtstrltted Funds Restrlcted Funds Sundry income 8,146 6,269 6,269 14,415 14,415 3.444 3,444 8,146 3,444 3,444 S. Invutments Unre5trlcted General Deslgnttd Fundi FuTrdJ Totsl F*nd$ 2024 UnreJtric¢ed GffierAI DeJi8nxtrd FundJ Fundj Total Fundj 2023 Restrieted Funds R¢Jtrlrted Fub)ds Bank inter¢51 505 262 262 l.l47 sos 1,652 262 262 Pagc 9
HA er Mernorlal BA tlst Churth Notes to the Finanei81 Statement5for theyeor ended 30 Sepiember 2034 6. o1&xpedltu Unrtstrictcd G¢Er1 Dub¥W#ltd Funds FndS Totsl rutrlcted Total Restfitttd litstrotted 1024 FTrds Funds 2Q23 Ckn4Atsble Exptndltsr Siaff¢osts(Notc 71 JAFI's cxrKNse5 Pulpil sUY lTrsuran¢¢ H¢at light T£lcTknne PrinL FA)oks, stationery & idverts Cal¢r18 Gift$ MonK mi>ni¢r4nc¢ Travel & confcrencc cxw5ts 107233 108,405 85.842 17,884 7,238 103,720 7.238 535 4,956 650 5.425 9.397 2th62 2.898 8,569 260 5.805 5,809 4,740 6,343 6SO 5,42S 9J97 2.662 535 4.956 3,203 3,953 7,463 2,250 3.953 7.463 2250 3,817 6.886 3.900 3,912 8,S69 260 5.805 6.6Y• 4,741 6J21 1.74• 27.795 15J95 14,296 Y.186 277 iJg1 6.886 3,900 4.122 Church or88niM1iL5 R¢li¢PSurv)rt L¢c81 orginisations ano individual$lNot¢ 131 rC1sTr MIs310Tr 5UPWrtINoit 131 Trninin¥ ftC5 Repirs and rnini¢narK¢ Sound Hu1rArn1 Payroll feE5 Profe101 f Irthp¢ndt cMminDIio Sundry Dei&ll0n£her•t Toiil 110 1.627 26.470 14.545 13.624 47233 1245 1,350 672 6.953 277 1,392 10.4JO 12 9.016 18.875 20.333 3,810 23,407 20.333 3,810 ,773 262 lJ34 6LI 924 7,401 8,773 262 60 924 7.401 1.2DO 547 12.660 12J6Tr 192N99 14186 lQ471 J12056 137J74 IOJJ61 69J71 236,706 Suprt$t$hAVc TM)I iK¢n styaTQt¢ly tIf1 45 1hetrust Wll5itslhDI Ihcrc i$onlyonech8rnabl¢a¢iivity, '[hererC supwxt wstgreliie wholly thAI a¢tivity Dnd hav¢ nDI StrnI¢1Y idenlificd. Pwlo
r Memorial Ba tist Church Notes to the Finaneial Statementsfor ihe year ended 30 Seplepnber 2024 7. An8lysls of Staff Costs Total 2024 Total 2023 Salaries and wages Employe15 NIC Pensi(M costs 101.409 3,953 3.042 97.504 3,297 2,925 103.726 108,40S Total 2024 Number Total 21123 Number Pasiornl l Ministry No employee had ¢mploy¢¢ benefiis in excess of £60.000 (2023.. nill. Th¢ Trustees consider all elders and deacons as the key management personnel. Total remuneraiion 10 key management personnel for the year was £75,645 {2023: £65,191). 8. Tanglble Flxed Assets Church Building Equipment Minso TotBI Coit I Vgluation As at l October 2023 IRe5tatedl Additj0Tr5 Disposals A$ #t 30 September 2024 210,000 515,000 29,305 1,254 754,305 1,254 1220.000) 535,559 1220,0001 295,00 210,0 3•,559 Depreci•tion As at l October 2023 IRestat¢d) Chorge for the year As at 30 September 2024 21,000 4,200 25,142 2,560 46,142 12,660 5,900 25200 3,91)0 Z7,702 58002 Net BoDk Valu¢ As at 30 September 2023 (Restated) 189.000 515.000 4,163 708,163 As it 30 September 2024 The church building was revalued on 14 September 2023 by DM HAII LLP. Had the building been revalued the c8rying amount (cost less ac¢uTNulated depreciation) would have beeTh £10,560 {2022.- £10,8001 T*nglblt Flxed Assets Church Buildin¥ Equipment 184.800 289.100 2.857 476.757 Mans• T11 Cost I V8IuAtion As at l (kiober 2022 {Restatedl Impairrn¢Dt l Revoluation As at 30 September 2023 (RestHted) 210,0(H) 232,000 283,000 29,305 471.305 283.000 210,0110 515,000 29JllS 754,305 Depreclitlon As at l October 2022 IRestated} Charge for the year Eliminatd on Revaulati 16,800 4200 960 19,281 5.861 37.041 10.061 19601 (960) As at 30 Septtmber 2023 (Restated) 21,000 25,142 46.142 Net Book Value As al 30 Septernber 2022 (Restated) 193,200 231,040 10,024 434,264 A$ at 30 Septeml)¢r 2023 (Reststed) 189,00 515.000 4,163 708,163 Page I I
r Memorial Ba tist Cbvrch Notes to the FiDaneial Statementsfor fheyear ended 30 Seplember 2024 9. Anilysi8 of Debtors Unrestrltted General DtsigiiAt¢d Funds Fund Total Unrestritted Gtneral D¢sbED4ted Funds Tot41 R¢strirted Funds Reglrlcted Funds 2024 2023 Prepayments and ac£rucd income Other debtors 2,640 21,598 2ffj40 21 J98 4.278 1 ¥,499 22,777 4,278 1 ¥,499 22,777 24,238 24.238 10. An#lyJh of ¢urreni knblllTleJ ind long rm eredlio Il#rtstrStttd G¢n¢rl D¢sign•t¢d Toiil un UTrreslrkt¢d GeAtrAI tksigllllttd FDnd& Rtitrltttd Fuhth Rejtrlcted undi 'uThds 2023 2024 Dw withlD l year AccrdIS and defLYr¢d inwmE oih¢r CKditOTS 1,200 925 i J(M) 925 924 691 924 091 2.125 2,125 1,615 1,615 P4e 12
Har er Memorittl Ba tist Church Notes to the Financial Statemen¢sfar ihe year ended 30 September 2024 l. Anly5i5 of Net A85etg Among Funds UDrestricted GeTherAI Dcsigwit¢d Funds RestAled Totxl Funds 2023 Tot•1 Furtds 2024 Unrestritttd General Dtsignated FuDd5 Rt$trict¢d Fund5 R¢$tritted Funds l-"i¥cd Assets Curr¢ni Ass$ Current Liabilities 476,757 216,105 476,757 433,441 12,125) 708.163 708.163 153.878 12.1251 63.458 141.298 49.818 151,753 692,862 6J,458 908,073 139,683 708,163 49,818 897,664 12. Movement iw Fvndj Rest4itd 1$ at Intom•n 01.10.2023 R¢Sr¢¢3 OTAtgolng Tr•nsferJ A$#t Resoyrets GaiThylLoyJe5 30.09.2024 R¢strleted Fund$ Rooted Mi5%10tIEiry Pastor in training Cross-cultural work¢r SitwaTdship fund Syihar Go$pel liind I.-IEC Cenlenary rnission rtd Ilarp¢r IraininB fund RcK)f tiind 'aiihtiil WelLx>me 816 9,246 1,797 816 14.263 37S 114,5451 19,185 2.500 12,5001 11,627) {17,4961 {13,3201 17,950) (47.233) 4.832 3.204 17.955 9,805 16.915 40.810 15,359) 23,125 505 41,715 500 24,360 5,518 500 49,818 86,405 1104,671) 3l,g)6 63,458 UnrulTl¢¢ed FyDd5 Gcncral tk5ig)alcd Gov&n property lund Designated tiovan church plani lund DCS)ated Fixed A55et5 139.683 228,644 7,416 1192,499) (24,075) 2(MJ.000 10.915 1218.746} 131.906} 151,753 207.416 8.689 476.757 12.226) 708,163 847,846 236,060 (2117,385> 844,615 Tot81 FuDds 897.664 322,465 312,056 908,073 R¢$t#ttd #s #t Intomln8 01.10.2022 Ruourcei Outgoin8 Twn5fen A5*1 Re50ur¢e$ Gain[AsseS 3Q.09.2023 Restricted Funds Rooted Missionary Pastor in Irainin CrossQultural workeT Stew2rd%hip fvnd Sychar G05pcI nd FIEC Ccnicnary mission fund I,awrcncc's miSSiOll tun 816 11,740 816 9.248 11,797 744 120,3331 17.097 5.674 6,063 12.210 117.8841 4,832 20.810 25,0 120,8101 23.125 i 0,000 17.238) {69.371) 12,7621 14,335 46,0 58,764 49,817 Unre8trl¢ted Funds Genual 'ixcd A55Ct5 132.880 434.264 178,412 {157.274) 110,061) (167,3J5) 114,3351 283.960 139.683 708.163 567.144 178,412 269.625 847.846 Total Fund$ 613,234 237.176 1236,706) 283,960 897,664 Pagell
Harper Memorial Baptist Church Notes to the Financial Statementsfor the year ended 30 September 2024 12. Movement in Fundy (Continued) Fund purposes: Restritted Funds: The Rooted nd represents incoTne specifically for the young peoples group for teenagers. Rooted. The Missionary fvnd represenrs income specifically for mission organisations which is passed on io ihem. The Pastor in training fund represents income specificallyto cover the salary costs of the pastor in trwning. The Cross-cultural work¢r fvnd r¢pres¢nts income specifically to cover the salary ¢osts of the Cr0s5-Cultural worker. The St¢ward5hip fijnd represents income specifically for ihe sUPPOrt of people in the community who need additional support due to Covid-19. £12.000 for fcK)d, c]hing, data and digital tablet5. £8.0(M) for similar projects. The Sy¢h8r Gospel fund Tepresents funds received for the training costs of ihe ministry trainee role for Irfan Shahid. The FIEC centenary mission fund represents income received specifically for the appointment of two workers mission project ai Harper Church. taWTence's mission thnd Tepresents income receiv¢d specifically for tawrenee's mission work. The HArper irainin8 fvnd represents income received for the training of ministry leader5. The Roof fvnd represents income specifically given for r(M)f repiors. The Faithfvl welcome fid represents a grant received for welcoming asylum seekers and Tefvgee5 Within our wmmunity. UnreJtrlcted Fundj: The General Fund encompasses all in¢ome 8nd expenditure relating to ihe primory fo¢us a¢iiviiies of ihe chArity, other than those for which SJndin¥ is re5tricl¢d. The Fixed Assds Fund represents the net bcx)k value ofthe church's fixed assets. Transfer belween fuThd$ Transfers to the missionary fvnd from the general nd relate to bank transfers to ihe church missionary account. Transfers fr¢Jm the P8slor in iraining fund io ihe Harper training nd relate to a reorganisation oftraining nds. The pastor in training fijnd was closed during the yeor and the Harper Training fund set up to replace it. Tran5feTS from the Scyhar Gospel fijnd to the general fvnd relates lo fijnds missallocaled in prior y¢ars. Transfers Lo the Harper Training fvnd from the 8eneral nd relate to monies set aside for the purpose oftraining, Tran5fer5 to the Roof fvnd from ihe general nd relate to elearin8 the deficit on this nd. Transfer5 10 the Designated Govan Prop¢ty fijnd from the d¢5ignated fixed 3¢t fvnd r¢la* to $ettinB aside monies for the purchase of a building in Govan a r¢sult of selling a building in Gowan. TTansftrs lo the Desi8naied Govan church plant fijnd from thedesignated asset nd relatt to settin8 aside monies for a Govan church plani. Transfrrs to the Designated 8SS¢t fund from th¢ general Trd relak to fixed oss¢t$ puT¢hed in the y¢ot. Page 14
er Memori#l Ba tist Chureh Notes to Ihe Pinaneial Stat¢mertt$for iheyear emlÉd 30 Sepiember 2024 13. Dolllltion5 Eitts UrestrIcted Gtntr41 D¢JigTrittd Fumdg Funds Totsl Fund JI24 Unrtstrfcltd Gtntrll Dt*lEnqie FThd8 Fund TotÈl Funds 2023 R¢stri¢ted Fujh Restricted Maurcen Dalon Peter Fullartun Hezron Mowow S&Tllrnl Sadiq 5pcakeT% mis$ionary Bift day Ad¢walc Akinwnde Irfan Shahid Daniel Putthe 930 930 iJso 5.400 5.400 2.700 250 750 300 1.875 17.000 775 1,350 2,700 250 250 750 300 1,875 17.000 3,0(Mb 8.970 11.250 &970 11250 775 750 J,750 EleDr Lcwls 3.750 IJSO 2b,YOLI JO,2SO 3,475 25J75 29050 lfiittiutlon& Missior Afii 81hswood Care Christianity Explored Asi& Link Gl&$8ow City Mis$ion BMS. Ilinhjay s¢km¢ Ti8r8y R¢k8s¢ Inte1¥> Abraham's Oasis Noffh AfrKq irip BM5 World Mis8ion.' siimps SIM Plaifbrn 67 GI8W UnIrS1ty cc-cu EUake appEal CrosslaTrts GCUAS Laiin Link WeSL of Scollsnd Go51 P4fLn¢r5hip Christian IwiiN New Growth Coun5¢11in8 Ayr B11$1 Church Origin S¢oU4nd The GIL%8ow Btrons SJib40ts1 1,000 2.25 i.0 2.250 2.750 2,750 1.000 705 2,300 705 2.300 250 2SO 1.500 2,925 2.925 190 500 2.000 24 554 800 500 2,000 24 554 1,050 100 100 3.250 3,250 2JD 100 100 256 236 loo 400 100 95 400 95 80 13,440 I,OS7 13.633 14,690 TDtal donlltions Jnd 8iILs 2J95 41.015 43,690 J9.208 43,741J PAee. If