REGISTERED CHARITY NUMBER: SC008119 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEvfEMBER 2024 FOR HEBRON EVANGELICAL CHURCH Goldw¢lls Ltd Goldwells House Grange Road Peterh¢ad Aberdeenshire AB42 IWN
HEBRON EVANGELICAL CHURCH CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEvfEMBER 2024 Page Report of the Trustees lTrdependent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 6 to 10 Detailed Stitement of Financial Activities
HEBRON EVANGELICAL CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH SEPTEMBER 2024 The trustees present their report with ihe financial statem¢nts of the charity for the year ended 30th September 2024. The stees hav¢ adopted the provi5ion5 of Accounting and Reporting by Charitie5'. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Ftnancial Reporting Standard 4)pli¢able in the UK and Republic of Ireland {FRS 102) (effective l January 2019). OBJECTtVES AND ACTIVITIES Objectives and activities The objectives of the Fellowship are to worship and glorify God. to en¢ourag¢ Christians to grow and make disciples. The trustees are of the view that the activities of the Fellowship ore in accordance with the$¢ objectives. Duringih¢ year. the church met regularly for worship and CWTied out various activities in pursuit of the aboye aims. FINANCIAL REVIEW Financial positlo There w&$ a deficit for the year of £168 {2023 surplll5 £12.335). This includes a charge for depreciation on the revaluation of the buildings of £7,576 on cost and £44,594 against the revaluation r¢5erve. If the buildings had not been d¢pTeciated then there would have been a surplus of £52,1)02 {2023 - £64,505). Finanei#l information The trustees consider that th¢ Fellowship's reserves are adequate for its pres¢nt putposes. STRucfuRE, GOVERNANCE AI¥D MANAGEMENT Governing docurnent The charity is controlled by its governing do¢um¢nL a deed of trust and constitutes an unincorporated charity. The Fellowship w45 estsblished by a Deed of Tnr in May 1910 and is a registered Scottish charity under reference SC008119. The Trustees have delegated the general management of the Fellowship to the elders who are chosen from the membership. REFERENCE AND ADMINISTRATIVE DETAILS Registered Ch8rity number SC008119 Independent Examiner Goldwells Ltd Goldwells House Grange Road Peterh¢ad AbeTde¢nshire AB42 IWN Page I
HEBRON EVANGELICAL CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH SEPTEMBER 2024 REFERENCE AND ADMINISTRATIVE DETAILS Solicitors Ledingham Chalmers Johnstone House 52-54 Rose Str¢et Aberdeen ABIO IHA Approved by order of the board of trustees on 14th April 2025 and signed on i15 behalf by-. Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HEBRON EVANGELICAL CHURCH I report on the a¢counts for the year ended 30th septeMr 2024 set out on pages four to ten. Respective responsibilities of trustees examiner The chaiity'5 trustees are r¢spoT)sible for the preparntion of the accounts in aordanCe with the tenTJS of the Charities and TTUStee Investment (Scotland) Aci 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trusiees COTisider thai th¢ audit requirement of Regulation 10(I)(a} to (c) of the Accounts Regulations does not apply. li is my responsibility to examine the accounts as required under Section 44(IXc) of the Act and to State whether particular matters have come to my attention. Basis olthe indepenijent examitser's report My examination was carried out in accordance with Regulation I l of the Charities Accounts (Scotland) Regulation5 2006. An examination includes a review of the accounting records kept by the charity and a ¢omparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the atcounts, and seeking explanations from you as tNstees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audiL and consequently I do not express an audit opinion on the view given by the accounts. Independent eXaMineS statement In connection with my examination. t]0 matt¢r c¢)me to my attention . (l) whieh gives me reasonable cause to believe that, in any material respec¢ the requirements to keep accounting records in accordance with Section 44(IKa) of the 21)05 A¢t and Regulation 4 of the 2006 Accounts Regulations- and to pr¢pare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations have not been met., or (2) to whic14 in my opiniofy attention should be drawn in order to enable a proper understanding of the accounts to be reached. Goldwells Ltd Goldwells House Grange Road Peterhead Aberdeenshtr¢ AB42 1 WN 14th April 2025 Page 3
HEBRON EVANGELICAL CHURCH STATEMENT OF FINAf4CIAL ACTIVITIES FOR THE YEAR ENDED 30TH SEpfEMBER 2024 2024 Total funds 2023 Total fidS Unrestricted funds Restricted fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 233,280 233,280 223,816 Investment income 462 462 316 Total 233,742 233,742 224,132 EXPENDITURE ON Raising funds 122,109 122,109 112,060 Charitable aetivities Staff wages and Charitable support 110,992 110.992 99,100 809 809 637 Total 233.910 233,910 211,797 NET INCOMEI(EXPENDITURE) (168) (168) 12,335 RECONCILIATION OF FUNDS Total funds brought fonvard 2,321,139 2,321,139 2,308,804 TOTAL FUNDS CARRIED FORWARD 2,320,971 2.320,971 2,321,139 The notes forni part of these finan¢ial statemenis P¢4
HEBRON EVANGELICAL CHURCH BALANCE SHEET 30TH SEPTEMBER 2024 2024 Total funds 2023 Total funds Unrestrided funds Restricted fid Notes FIXED ASSETS Tangible &ssets 2,091,149 2,091.149 2,143,319 CURRENT ASSETS Debtors Cash at bank 66 180,829 233.527 233,527 233,527 233.527 180.895 CREDITORS Amounts falling due within one year (3,705) (3,705) {3.075) NET CURRENT ASSETS 229,822 229,822 177.820 TOTAL ASSETS LESS CURRENT LIABILITIES 2.320,971 2J20,971 2.321,139 NET ASSETS 2.320.971 2,320,971 2,321,139 FUNDS Unrestri¢ted funds 2,320,971 2,321,139 TOTAL FUNDS 2,320,971 2,321,139 The financial statements were approved by the Board of Trustees and authorised for issue on 14th April 2025 and were signed on its bLhalf by.. The notes forni part of these finaneial statements Page 5
HEBRON EVANGELICAL CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEvfEMBER 2024 ACCOUNTING POLICIES Basis of preparing tbe fjnancial 5taternents The financial statements of the charity. which is a public benefit entity under FRS 102. have been pr¢pared in accordance with the Charities SORP {FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their a¢counts in accordance with the Financial Reporting Standard applicable in the UK and R¢public of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Siandard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities and Trustee Invesbnent (Scotland) A¢t 2005. The financial statements have been prepared under Ehe historical cost convention. Income All income 15 recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the atnount can be measured reliably. Expenditure Liabilitie5 are r¢cognis¢d as expenditure as soon as there is a legal or constructive obligation committing the charity to thai expenditure, it is probable that a transfer of economic benefits will be required in Settlement and the amount of the obligation Can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cosi related to the category. Where costs cannot be directly attributed to particular headings they have been alliKated to actÈvities on a basis consistent with the use of resources. Chgritabl¢ activities The General Fund is used for ¢oDgr¢gational purposes of the Fellowship and includes gift5 received, made for o¢al and overseas missionary work. Tangible fixed assets Depreciation is provided at the following annual rates in order to WTite off each asset over its estiTnated useful Freehold propety Taxation The charity is ¢xempt from t&Y on its charitable activities. Fund 2c¢ollnting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trusiees. Restricted fidS can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when splfied by the donor 01 when funds are rais¢d for particular restricted pUoSe5. Further explanalion of the natsjre and PUTPOSe of each fund is included in th¢ notes to the financial stalemenls. Hlre purchase and l¢asiNg eommitments Rentals paid under operating leases are Charged to the Stat¢ment of Financial Activiti¢5 On a straight line basis over th¢ period of the lee. Page 6 continued...
HEBRON EVANGELICAL CHURCH NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30TH SEpfEMBER 2024 INVESTMENT INCOME 2024 2023 Deposit a¢¢ount interest 462 316 TRusfEESI REMUNEBATION AND BENEFITS There were no truste¢$' remunerdtion or other benefi1$ for the year ended 30th September 2024 nor for the year ended 30th September 2023. Trustees, expenses There were no trustees, exp¢n5¢5 paid for the year ended 30th September 2024 nor for the year ended 30th September 2023. STAFF COSTS The averdge monthly number of employee5 during the year was as follows: 2024 2023 Pastordl workers Athninistralor No employees received emoluTn¢nls in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Restricted fund Totsl nds INCOME Af4D ENDOWMENTS FROM Donations and legacie$ 223,816 223.816 Investtnent income 316 316 Total 224,132 224,132 EXPENDITURE ON Raising fi]nd5 112,060 112,060 Charitable activities Staff wages and Charitable support 99.100 99,100 Other 637 637 Total 211,797 211.797 NET INCOME 12,335 12,335 RECONCILIATION OF FUNDS Tothl funds brought forward 2,308,804 2,308,804 Page 7 continued...
HEBRON EVANGELICAL CHURCH NOTES TO THE FINANCIAL STATEMENTS- Continued FOR THE YEAR ENDED 311TH SEPTEMBER 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued Unrestricted Rcstricted fvnd5 fLd Total funds TOTAL FUNDS CARRIED FORWARD 2,321,139 2.321,139 TANGIBLE FIXED ASSETS Freehold property Plant and machinery Totals COST At 1st October 2023 and 30th September 2024 2,608,509 93,555 2,702,064 DEPRECIATION At 1st October 2023 Charge for year 465,190 52,170 93.555 558,745 52.170 At 30th September 2024 517,360 93.555 610,915 NET BOOK VALUE At 30th September 2024 2,091,149 2,091,149 Ai 30th S¢ptemb¢r 2023 2.143.319 2,143,319 DEBTORS: AMOUNTS FALLING DUE A wfER MORE THAN ONE YEAR 2024 2023 Other debtors 66 CREDITORS.. AMOUNTS FALLINC DUE WITHIN ONE YEAR 2024 2023 Taxation and social security Other creditois 1.072 2,633 3.075 3,705 3,075 MOVEMENT IN FUNDS Net moveinent in fvnds At 1.10.23 At 30.9.24 Unrestrieted funds General fund 2,321,139 {168) 2,320,971 TOTAL FUNDS 2,321,139 {168} 2,320,971 Page 8 continued...
HEBRON EVANGELICAL CHURCH NOTES TO THE FINANCJAL STATEMENTS- eontinued FOR THE YEAR ENDED 30TH SEPTEMBER 2024 MOVEMENT JN FUNDS- continued Net movement in funds, included in the above are as follows.. Incoming resources Resour¢es expended Movement in funds Unrestrieted funds General nd 233.742 (233,910) (168) TOTAL FUNDS 233,742 (233,910) (168) Comparatives for movemeDt in funds Net movement in funds At 1.10.22 At 30.9.23 Unrestricted funds Gen¢ral fvnd 2,308,804 12,335 2,321,139 TOTAL FUNDS 2,308,804 12,335 2,321,139 Comparative net movement in fllnd& included in th¢ above are as follow5.. Incorning resources Resour¢e$ expended Movement in funds Unrestricted funds General fund 224,132 (211,797) 12,335 TOTAL FUTrIDS 224.132 (211.797) 12,335 A current year 12 months and prior year 12 months combined position is as follows= Net movement in ndS At 1.10.22 At 30.9.24 Unrestricted funds General fvnd 2,308.804 12,167 2.320,971 TOTAL FUNDS 2,308,804 12,167 2,320,971 Page 9 continued...
HEBRON EVANGELICAL CHURCH NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30TH SEPTEMBER 2024 MOVEMENT IN VUNDS- continued A curr¢nt y¢ar 12 rnonths and prior year 12 months combined net movement in fund5, included in the above are as follows: Incoming resources Resources expended Movement in fijnds Unr¢strleled funds General fund 457,874 {445,707) 12,167 TOTAL FUNDS 457.874 {445.707) 12,167 io. RF,LA TED PARTY DISCLOSURES wife of trustee received salary of £13.750 for her rol¢ as Church Administrator. Pag¢ 10
HEBRON EVANGELICAL CHURCH DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH SEpfEMBER 2024 2024 2023 INCOME AND ENDOWMENTS DoMatioDs and legacies Donations Gift aid 194,760 38,520 191,734 32,082 233,280 223,816 Investment income Deposit account Int¢rest 462 316 Total incoming resourtes 233,742 224,132 EXPENDITURE Raising donatloos #nd legaeie$ Training and teaching material Travel and accommodation Rates and water Insurance Light and heat Telephone Postage. stationery and adv Sundries Repairs Cleaner Depreciation of tangible red assets 3.258 3.510 2,082 6,638 19,702 5,264 1,889 7,526 14,096 8,673 52,170 1.896 5,470 18,036 3,853 1,853 5,738 9,934 9,600 52,170 122,109 112,060 Charitable activlties Wages Catering Gifts 72.495 2.931 35,566 77.376 2,258 19,466 110,992 99.100 Other Bank charges 809 637 Total resources expended 233,910 211,797 Net (expenditure)lin¢orne (168) 12,335 This pkge (loes not fomi pwt of th¢ statutory financial statements Pagell