2024-12-31-accounts

Scottish Registered Charlty Number , SCO 07616 RIVERSIDE EVANGELICAL CHURCH ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

RIVERSIDÉ EVANGELICAL CHURCH LEGAL ANO ADMINisfRATIVE INFORMATION Trustees Charity number SC 007616 flegSstered Office Independent examiner

RIVERSIOE EVANGELICAL CHURCH CONTENTS Page Trustees report Statement of trustees respon51bilitles Independent examlners report Statement of financial actlvltie5 io Balance sheet li Statement of cash flows 12 Notes to the accounts 13-19

RIVERSIDE EVANGELICAL CHURCH TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees have pleasure in presenting their annual report together with the financial staternenls and the independent examiner's report for the year ended 31 December 2024. The accounts have been prepared In accordance wlth the accounting policies set out in note I to the accounts and comply with the charity's trust deed, the Charities and Trustee Investment (Scotlandl Act 2005, the Charities Accounts Iscotlandl Regulation5 2(h)6 and "Accounting and Reportin8 by Charitie5.' Statement of Recommended Practice applicable in the UK and Republic of Ireland IFRS 1021" Oblectives and activities The aims of the church are.. lo build up one another by biblical teaching ioward maturity in Christ to worship God worthily by the Spirit in prayer, praise and communion,. to Support one another in Christiaii love,. to cominunicate the Gospel of Jesus Christ to others.. and to encourage and enable practica I Chrlstlan setvice in the community and throughout the world. The church is affiliated to the Evangelical AllSènce. Strurture, Governance and Management The elders of the church are it5 Trustees for the purpose of charity law, and throughout thi5 report are collectively referred to as the Trustees. The church 15 independent and congregational in policyi and its day to day running Is undertaken by the Trustees. The ofFices of Chairperson and Treasurer shall, in terms ot the Constitution, be appointed from the trustee5. The Trustees 2nd Office Bearers who served durlng the year and lo the date of this report were as follows:_ Appolntment of Trustees The church sh811 have Elders, recognised by the church as fitted for such roles, and appointed from time to time by the Trustees in accordance with the Constitution. Where they believe it necessary the Elders shall appoint Ministry Leaders or others to aSSlSt them in the work of the church.

RIVERSIDE EVANGELICAL CHURCH TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEM8ER2024 Achievements and Performance A particular highlight of 2024 was the refurbishrnent of our church sanctuary including a revamped church entrance, new toilets and church loungp are3. The work has resulted in a modern, flexible spaie with much improved audio-visual facilities. The results appear to have been met with la rarel universal approval. In December 2024, we submitted our appllcatSon to South Ayrshire Council's Planning department for phase 2 - the building of an annexe to replace the cxisting downstairs church hall. As well as the necessary planning consents, we still have a 5igniflcant amount of fundraisin8 to do before this work can commence. During the refurblshment, we were able to continue meetin8 downsiaiis on Sunday mornings. Since movin8 back upstairs in August, we have held some special services and events to celebrate and utilise the 'new' space. These events included a seNice of thanksgiving our usual Sunday mornin where some of the workers on this project. and their families, joined cnn celebrating the life o atiotr). We have also Drgani5ed and hosted a conference day with Solas, a plav concert with Blue Rose Code, and an Afternoon Tea for members no longer well enough to get out to church on a Sunday morning. 2024 was a year of continued growth. We now have over 200 people attending church each Sunday rnorning. A healthy m ix of ages and different b3ckgrounds. We also had 2 bapt15m seNices (January 28, and August 25,1 ar which 7 adults were baplised. Baptism cla55e5 were also held for another 5 adults who were to be baptised on January5, 2D25. our Pastor for Children & Youth Ministrles, led a rni55ion team of young people to Romania. There tliey vulLJlltvered wlth the Smiles Foundation helpin8 prepare a new residential care home for opening, visiting local people in noed of support, and getting all irisi8hr to 1Sfe In a country which still suffers from considerable poverty. Iso continued to oversee and develop our children's and youth activities In the church and in local schoolg, Alongside the regular Sunday evening Youth Fellowship, there have been social activitie5, a Summer Holiday Club, re8ular inputs at Braehead Primary School, a week away at Magnitude la youth teaching and worship event organiserj hy Scripture Union Scotland and partners), regular Bible studies, and other regular and one-off activities. ias also supported the voluntpers who run our weekly Toddlers Group, and organised a very successful churcli weekend away at the Compa55 Centre in Glen5hee. We have grown our regular prayer gatherings, small groups, Alpha courses, prayer coursès and discipleship groups. These activities have assisted members in deepening their faith, and attracted new people some of whom have become regular church attenders and members of our congregation. We enjoy good relations with other local churches. Thi5 15 evidenced in the succe55 of the onnual Keswick Ayrshire weekend conference, monthly Prayer for Peace gatherings. shared youth activities. joint Holy Week services, and new monthly prayer gathering for local church leaders. Under the auspice5 of CAP IChri5tians Against Poverty) and in partnership with Seagate Church (Troonl, Milestone Christian Fellowship IGirvanl. and South5ide Church (Ayrl we continued to operate the Ayr Debt Centre. 26 new clients received a5515tance during 2024. 10 of these clients have now completed their journey out of debt.

RIVERSIDE EVANGELICAL CHURCH TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER2024 Other important or notable activities.. Elders convened once or twice-monthly, for the purpose of assessing the Spiritual welfare of the church rnembers. Specific task5, Wlthin an overall policy, were delegated to other groups and individuals for appropriate action. A planning group met regularly to consider forward planning and arrangements to implement key events within the church calendar in conjuncllon with the elders. A weekly Prayer LetterlBulletin was prepared and cli5tributed Imainly by emaill- This helped church members to keep in touch with news and events. It also assisted members in providing mutual social, spiritual and emotivnal support. Riverside Community Trust (which wa5 establlshed. and continues to be housed and supported, by the church) continued to help the most vulnerable people in our local community. Despite a challenglng year with staff illness, engagement with vulnerable clients has continued to grow both at our drop-in sessions arid through our outreach activities. Financial Review The financial statements for 2024 are set out on page5 10 to 12 of this report. They show a net surp1￿5 Ilncome > expenditure) for the year of £ 59,664 includin8 £45,115 designated for the refurbishment project (compared with £204,974 in 20231. 2023 included £183,617 of a Special funding request designated for the proposed redevelopmentl. Phase l of thi5 project has been successfully completed during 2024. General Iunrestricledl Fund income at £194,476 is 17% up on 2023. General Fund expenditure includes a nurnber of major maintenance repairs. Capital Expenditure on the church building refurbishment has been £302,054. The balance rernalning on the Designated Fund at December 2024 is £197,327. Plans have been submitted, the trustees hope to commence the second phase in 2025. Reserves Policy It IS the policy of the charity that unrestricted funds which have not been designated for a 5pecifit Use Should be maintained. Funds in hand lor net current assets as described in the Balance Sheet on page 101 as at 31, December 2024 amounted to £ 383,321 12023.. £ 615,1741, this considered an acceptable level. Total reserves, including the net book value of fixed a55ets and balances on restricted and designated funds amounted to E915,33412023. £ 855,6701. Principal Sources of Fundlng The church rpceives its funding mainly from church members by way of weekly offerings and Gift Aid.

RIVERSIDE EVANGELICAL CHURCH TRUSTEES, REPORTICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Grant Makln8 Policv The church makes grants from its income to known individuals and Df8anisations which are involved in activities and ministries compatible with the church's objectives. This would include, for example, Echoes International, Tearfund and other rèputable bodie5 and care agencies involved in disaster and poverty relief work throughout the world. Statement of Risk The Trustees a55es5 the major risks to which the church might reasonably be exposed as part of their regular reviews and have established guidelines and procedures to mitigate those which are identified. Structure, Governance and Mana8ement The charity is established by it5 Constitution and is an independent body of Christians not under the authority of any church or denomination. The church 15 a registered Scottish Charlty (Charlty Number SC0076161. Independent Examination of Flnancial Ststements The attached financial statements have been independently examined in terms of section 44 111 Icl nf thp Charilios arid frustcp Investnipiit ISLulldiidl Act 2005. The independent examiner is, The Trustees are responsible for the maintenance and integrity of the charlty and financial information included on the ch&rity's web51te. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdlctions. The trustees report was approved by the 8oard of Trustees Dated. 11- f -Z g DalLd." 2¥

RIVERSIDE EVANGELICAL CHURCH STATEMENT OF TRUSTEES RESPONSI8ILinES FOR YEAR ENDING 31 DECEMBER 2024 The Trustees are responsible for prepa ring the Trustees Report and the accounts in accordance wlth applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praclicel. The law applicable to charities in Scotland requires the Trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year. In preparing these accounts the Trustees are required to,. Select suitable accounting policies and then apply them conslstentlv; Observe the methods and principles in the Charities SORP 20151 FRS 1021,. Make judgements and estimates that are reasonable and prudent,. Slate whether applicable accounting standards have been followed, subject to any material departures disc105ed and explained in the accounts,. and Prepare the accounts on the go5ng concern basis unless It is inappropriate to presume that the charity will continue in operation. The Trustees ore responsible for keeping sufflcient accounting records that disclose wlth reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Charities and Trustees Investmenr (Scotlandl Act 2006 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for takinB reasonable steps for the prevention and detection of fraud and other irregularities.

RIVERSIDE EVANGEUCAL CHURCH INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF RIVERSIDE EVANGELICAL CHURCH I report on the accounts of the charity for the yearending 31 December2024 set out on pages 10 to 19. Respertlve responslbllltles of tn15tees and examlner The charbty's trusteesare responsible forthe preparation ofthe accounts in accordance with the tetTr of the Charities and Trustees Investments I Scotlandl Act 2005 and the Charities Accounts Iscotland I Regulations 20CE las amended). The charity's trustees consider that the audit requirements of Regulation 10111 lal to Icl of the Accounts Regulations does not apply. It 15 my responsibility to examine the accounts as required unde r Section 33111 Icl of the Act and to State whether particul matters have come to my attention. Basls of the Independent exarnlnerfs report My examination was carried out in accordance with Regulation 11 of the Charltles Accounts15cotlandl Regulations 2CXJ61 as amended). An examination includes a review of the accounting records kept the charity and a comparison of the accounts presented wbth those records. It also includes considpr3tion of any unusual items or disclosures In the account5, and seeking explanatlons from you as trustees concerning any such matters. The procedures undertaken do not provide all the eviden that would be reqLJired in an audlt, and consequently I do not express an audit opinion on the vlew given by the account5. Independent examlnerfs statem•nt In connection with my examinatSon, no m3tter has come to my attention: 111 which gives me reasonable cause to believe that, in any material respert, the requirements to keep accounting records in accordance WTth Section 4411llal of the 21xIS Art and Re8u5ation 4 of the 2￿6 Accounting Regulations.. and to prepare accounts which accord with the accountlng records and to comply wth Regulation 8 of the 2006 Accounts Regulations. have not been met,. or 121 to which, in my opinion, attention should be drawn in orderto enable a properunderstandi of the accounts to be reached. Independent Examiner

RIVERSIDE EVANGELICALCHVRCH STATEMENT OF FINANCIAL ACTIVITIES FOR YEAR ENDING 31 DECEMBER 2024 Unrestrirted Unrestriaed Re5tr1rted Funds fund5 Funds Deslinated Total 2024 Totsl 2023 Ngt•s Incornlns and endowments from.. Donation5 & Le8aties Charitable Activitie5 Tax Recoverable on Gift Interest recelvable Other Inc¢me 1$9,147 30.395 34.7L 224,247 322,464 31,￿] 2,619 1,030 6,071 8,649 40,733 11,2E8 1.030 58,9J6 8,709 630 Total Income and endowments 194,476 4S,i 37,&97 Z77,278 EKpendlturp on- 23,620 23,620 164,898 4,821 13,738 10,443 145,$85 9.206 20,501 Cost of General actlvities Grants to Religious Organisatlons Grants lor Relief of Povertv 164,898 4,821 13,738 Total Expendlture iE4.898 42.179 Depreciation 10,$37 10,537 Ngt In£om4 1 l expendlturel 19,Q41 45,115 14.4921 S9,664 204.974 Trnn5ters be￿**n lunds 298,084 (x)2,￿4) 3,970 Net 317,125 12S6.9391 15221 59,664 204,974 Re¢onaliatlott of funds Funcl balance5 Ot 1st january 2024 387,965 454,266 13,439 855,6 650,6 Fund ba￿￿￿eS￿l 31st December 2024 197 327 These aciount5 were 4pproved by the board of Twstees on io

RIVERSIDE EVANGELICAL CHURCH BALANCE SHEET AS AT 31 DECEMBER 2024 2024 J)23 Note FIXED ASSET5- Tan8iblÈ asset IAI li $32,013 240,496 CURRENT A55Ff5 Oebtor5 Cash in hand and at bank 12,2 386,920 399,126 23,526 596.365 619,891 Less.. CREDITORS- Amounts due within one year 14 Is,￿5 4,717 CURRENT ASSETS 615.174 TOTALASSETS LESS CURRENfuA81unE5 1 A+B-CI 91S,334 The lunds of the Charity Unresiricted Funds- de5i8Nated Unrestricted Funds R¢5tritted Funds 197,327 705,CI3J 12,917 915,334 454,266 387,965 19 17 855,670 These accounts were approved by the board of Trust•es on L* li

RIVERSIDE EVANGELICAL CHURCH STATEMENT OF CASH FLOWS FOR YEAR ENDING 31 DECEMBER 2024 Note 2024 2023 Net income for the reporting period Less bank inteiest 59,664 111,2681 204,974 18.KBI Net Income lor perlod, befDie bank interest 48,3% 19&265 Add DÈpreciation Less Expenditure on FiKed Asse15 Decrease I Incieasel in Debtors Increase In Creditor5 li li 13 14 10,537 1302,0541 11,320 11.088 114,7861 J,591 Cash pro¥lded by QPEratlonal •rtlvltles 1220.71ai 3,070 •sh provlded by Investment adlvltle51 bank Int•r¢stl 11.268 8,709 N•t increas• ln c35h and cash equlvalents 1209.4451 191,T19 Cash and c35h equiv31ents at beglnning ol year 596,365 408.937 Cash and cash equivalents ¥t end ot V¢3r 12 3B6,920 596,365 12

RIVERSIDE EVANGELICALCHURCH NOTESTO THE FINANCIALSTATEMENTS FOR YEAR ENDING 31 DECEMBER 2024 Accounting pollcles Charlty Informalion Riverside Ev3n8elical Church is a Scott15h regSstered charity. The registered ofFice and business address 15 24 John Street. Awr. KA8 OBS 1.1. Accounting ¢onvèntlort These accounis have been prepared in accordance with FRS 102 ° The Financial Reporting Standard applicable in UK and Republic of Ifeland" I"FRS 102~1. 'Accounting and Reporting by Charlties" the statcmcnt of Recommended practi￿ for Charities applylng FRSIO2, the Charities and Trustee Investment I Scotlandl Act 2005, the Charities Accounts I Scotlandl Regulalions 2006 and UK Generally Accepted A¢countln8 Practlce. The charity is a Publlc Benefit Entity as deflned by FRS 102, The accounts are prepared In sterlin8, whlch Is the functional currency of the charlty. Moneiary amount5 in these financial staLements are rounded to the nearest £. The accounts have been prepared on the historlcal cost convention. pollcies adopted are set out below. The princlple accountlng 1.2. Goln8 concern At the time ot approving the accounts, the Trustee5 have a reasonable expectation that the charitv has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the goin8 ¢oncern basls of accounting in preparing the account5. 1.3. Charitable funds Unrestricrèd fund5 - Actlvities within the General Fund are considered unrestricted. Unrestrlcied funds comprise offerings and other income received for Lhe objects of the d)urch wlthout further specified purpose and are therefore con51dered general funds. Oesignated fund- Fund5 designated for a refurblshmenr of the church buildin8.. Restricted funds - Activities Wlthln the Misslonary Fund are considered restricted fund5. Restrlcted fund5 are funds that can only be used for the particular purposes specified by the donor. 1.4. Income Income is recognised when the charity 15 le8all¥ entitled to It after any performance conditions have been met, the amounts can be measured reliably. and it is probable that the income will be recèlved. Donation5 are reco8nised on receipt. Income tax recoverable in relation to donations received under Gift Aid or deed5 of covenant is recognised at the time of the donaiion. Bank interest is included when receivable and the amount can be measured reliably by thè charity; this Is normally on nGtific8tion of the interest paid or payable by the bank. 13

l.S. Expendlture Liabilities are recognised as expenditure as soon as these is a legal or construrtive obli8atlon committing the charity to that expenditure, It Is prob3ble that the settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an 3ccru31 basls. Irrecoverable VAT is charged against the expenditure headin8 for which it is incurred. All expenditure including support Costs and governance cosrs are allocated or apportioned to the applicable expenditure headlngs. 1.6. Tangible fixed assets Tangible fixed assets are stated at cost, less accumulated depreciation. Depreclaiion is calculated to write off ihe cost le55 estimated residual v31ue of all tangible assets over their expected useful economlc life. Buildings 25 year5 Stral8ht line Furnlrure and fittln8S 10 year5 Strai6ht line Audio Visual equipment 5 years stralght Ilne 1.7. Impalrmènt of flxed assets At each reportin8 end date, the charity rethews ihe carrylng arnounts of Sts tanglblo and Intangible a55ets to determine whether there is any Indlcatlon that those assets have suffered an Impalrment Ios5. 11 any such Indicailon exlsts, the recoverable amotjni of ihe asser is estimated In order to determine the extent of the impairment 105$1 if anvl. 1.8. Cash and Cash equlvalents Cash and cash equivalents include cash in hand and deposlts held at call wlth banks. 1.9, Flnanclal Instruments The charity has elected to apply the provlsions of Secrion 11 B351c Financial Instruments, and Section 12 Other Financlal In5trument$1ssues' of FRS 102 to all of its flnancial instrumeniS. Flnancial Instrumert5 are reco6nised in the charitvs balance sheet when the charlty becomes party to the contractual provlsion5 of the instrument. Flnancial asset5 and liabilities are offset, wlrh the net amounts presented in the financial statements, when there Is a legally enforceable right to set off the recoBnised amount5 and there15 Intentlon to settle on a net basis or to realise the asset and Settle the liability simultaneou51v. Baslc financial a55ets Basic financial 355ets, which include debtors and cash and bank balan￿5, are inltially me3suied at transaction price includlng transaction costs and are subsequently carried at amortised cost Using the eflcctive interest rate. Oe recognition of flnanclal assets Financial assets are derecognispd only when the contractual rights to the cash flows from the asset expire or are settled. or when the charity transfers the financial asset and sub5tarntially all the rlsks and rewards of ownership to another entity, Of il sorne significant risks and rewards of ownership are retained but control of the asset h35 transferred to another party that is able to sell the asset in its eniirety 10 an unrelated third party. 14

8asit financial liabilities Basic financial liabiliiles, Including creditors are initially reco8n15ed at transaction price and 2 Subsequently carried at amortised cost, uslng the effectSve interest rate method. De reco8nition of financial liabllltles Financial Ilabilities are derecognlsed when the charities contractual obllgatlon5 expiie or are discharged or cancelled. j.io Employee 8enefits The c05t of any unused holiday entitlement is reco6nised In the perlod In which the employees servlced are re¢elved. i.ii Retirement benefits Payrnents to defined contrlbutlon retlrements beneflts are charged as an expense as they fall due Crltlcal accounilng estimate$ and judgement5 In the application of the charity's accounting policleg, the Trustees are requlred lo make judgements, esiimate5 and assumptions about the carrylng amounts of assets and liabillties that are not readily apparent from other Sources. The estimates and a5$0Clated assumptions are based on historical expèrience and other fattors that are considered lo be relevant. Actual results ma¥ diNer from these estimates. The estlmates and underlyln8 assumptitrrns are revipwed on an ongolng bas15. RevI51ons to accountSn8 e5limates are reco8nised in the period in which the estimate Is revlsed where the revision affects only that period, or in the perbod of the revlslon and future periods where the revi$lon affccts both currènt and futuro periods. The Trustees consider there to be no crltlcal accountln8 estlmates and judgements. Donatlons and legacles Unr•5trict• Funds Deslgnat Fund% Restricted Fvnd5 Total 2024 Tor•1 2023 Donations and Glfts 159.147 3D.395 34,705 224.147 322464 For year end& 31 December 2023 135,314 156,495 30,655 322,464 4. Tax recoverablè on gift aid donation5 Unre5fTiCted Funds Deslgnated Funds Resiricted Funds Total 2024 Total 20Z3 40,733 58,906 Tax re£overable GiftAid Donations 31,680 6,071 2.982 FDr year ended 31 Oerember 202a 26.163 4,615 58.906 15

InterÈ5t receivable Desl&nated Unre5trIcted Funds Funds Totsl Totsl 2024 2D23 Inieresl rtcelve blè 8.649 2.619 11.268 8.709 For year ended 31 Oecembor 2023 7.199 L.510 8.709 Other income Unrestricted Fund5 Restrlitrd Funds Totsl 2Q?4 2023 Othel lllcDrr4e 1,030 I￿30 630 For veJi endtd 31 c*ceThtser 2023 630 630 Charltable actlvltSes Ctsstol Grnntilo Gr4ntslor Total TDtal 1024 2023 Ory•n5MtSoni Pw•rty Staff L05ts Food & Caieri 91,655 7,826 11.626 91,655 7,8Z6 11,626 89,8lS 9,207 7,9Z3 Ener8y Transport costs Miscellaneous empenses Ttlephone Mlsslon E¥pendlture Property. Mainrenance and Repalrs EguipmentC05t5 Rate5 and Insurances 17,394 1,526 17,394 1.526 42,179 26,951 2,425 17.lbo 823 40,150 10,967 4,653 23,620 13,738 4.821 26,951 2,425 23,620 164,898 13,738 4A21 Z07.077 185,735 AnalysKs by furbd Unrestricted funds Desilnatul Funds Rostricted funds 164,898 164,898 23.620 164.898 207,077 For yeir ended 31 Oe¢ember 2023 Unr￿trICted funds ()Ési¥nated Fund5 Resirlcted fund5 139,345 6,240 139.345 6.240 4D.ISO 10,443 9.206 20,501 10.443 139,345 9.206 20,501 185 735 16

Independènt examlnatlon remuneratlon Thè independent examiner has not received any remuneratlon12023 nil) 9. Trustees Wages and Salaries costs note 10, Include salary and ponsion contribution costs pald in respect ol trustees who were employed in the year. Dufing 2023 1 G311 recelved a salary Df £38,041 12023 £37,764). No other trustees received any remuneration. One trustee Incurred expenditure of £1,095 12023 £1,299> on behalf of rhe charity and wa5 reimbursed. 10. Employees The average number of employee5 durlng the yeai was 412023 41 Z024 1023 Number Number Full citr* Pa510r min and Caretakin6 Employment Costs ZO14 2023 W¥q•s and 5alarles 8S,243 1,285 ¥3,291 2,135 Other pension cos 89,816 There were no employees whose annutl remuneraton wa5 £60,000 or more ii. ranglble flxed a55etS Frethold Land and Buildin81 Furnlture & EquIpm￿t Cost t Isi Januarv 2024 Adition5 in year 31 Oecember 2024 236.145 200 467 436,612 4,351 240,496 62,524 43,414 542,$50 Provision fcr Depreciatiun at Istjanuary 2024 Depreciation In year 31 December 2024 3,593 10.5J7 Carryins amount 31 December 2024 43a,510 55,682 39,821 532.013 at 151 january 2024 236 145 240 4196 17

1. Flnanclal Instruments 2024 2023 Oebt InsiruTrEnts measured at amTt15ed cost 386.920 596.365 CarryiTr8 amount of fiTranciol liabillues m￿Sur￿l a5 amortised cost 15,805 4.717
2. Debtor5 2024 Z023 Amounrs falling duewithin oneyear PrepayThpnts and accrued income 23,526
3. Credltors; amounts falllng due wlthln one year 2024 202Y Other taxalon and Socièl Seturity Deferred Income 1.694 1.858 15,805 4.717 IS. Retlrèment beneflt schèmes rhe Iharlty operates a defined contrlbutlon pemslon scheme for all qualifylng employees. The assets of the scherne are held separately from those of the charity in an independently admSnlstered fund. The charge to the Statement of Financlal ActivitSes In respert of the defined ¢ontrlbutlon schemes was £4,138, 12023 E42901

4. Restricted funds rhe i ncome funds of the charlty Incl ude restricted fund5 cornpri5i ng the followln8 unexpended balances of donations and 8rants held on Trust lor specific purpose. 8alanc23tl Incoming re50urce5 Resource5 Transfer5 Balance January expended Dec.24 2024 Missionary fund 13,439 37,687 42.179 3,970 12.917 Tra nsfers from unrestricted fund5 ma ke good the shortfall in Mission Fund income. 18

5. De518nated Funds The funds of the charity include £ 197,3271 2023 £454,2661 designated for a refurbishment of the church burldinB. A further E36,466 of designated givin8 lincludSng £6.071 01 gifi aid) ha5 been received in 2024, and £8.649 of Bank Interest earned, whilst £302,054 has been spent on phase one ol the church refurbishment. Plans have beer) submitted for the second phase.

6. Analy51s of net assets between funds Unrestrlrted R*$trlrted Desllnated Total Fund balancu at reple5￿1￿ by Tangible assets 31 Decernber 2024 are 532,013 173 077 705,090 53Z,013 383321 915,334 197 327 197,327 12,917
7. Related party transaction5 One of the trustei" Is also a trustee for Riverside Communit¥ Tiust, During the year Restricted Income of £3,77512023 £1,626> wa5 received for and paid to Rlverslde Comrnunlty Trust. Income of E960 12023 £Y601 was received from Riverside Cornmunity Trust. Anoiher truste, as an employee of Scripture Unlon Scotland. durln8 2024 £75012023 £8301 OF restricted incomv Wils ro('oive(J for and paid over to Scripture Union Scotland 19