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

12. 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
13. Debtor5
2024
Z023
Amounrs falling duewithin oneyear
PrepayThpnts and accrued income
23,526
14. 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
16. 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

17. 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.
18. 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
19. 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