Canonmills Baptist Church Charity Number: SC008297 RECEIPTS AND PAYMENTS ACCOUNTS YEAR ENDED 31 DECEMBER 2024
Canonmills 8aptist Church Yoar ended 31 December 2024 Contents Reference & Adminislralion Oelails Trustees. ArTrnual Report Independent Exaniiner's Report Receipts & Payments Account & Slalemenl ol Balances Notes io the Accounts
C3nonmi Ils Baptist Church Year endcd 31 Docember 2024 Relerence and Administralion Details Charity Name Canonmills Baptist Church Charity Number SC008297 Principal Address Trustees Deacons
Canonmills Baptist Church Year ended 31 Docember 2024 Trustee's Annual Report StrLJclure. Governance & Management Governing Document The Church Is rooled In the Baptist Iradilion. is congregational in ils form of government. and u manage Ils own allairs. free from all ecclesiastical aulhorily ertakes lo The Church Is cunlrolled accordin9 to Ils conslilulion and continues as an unincorporated charil Church Includes the metnbership and Ihe Deacons. Membership Is open 10 311 who publicly prof the Lord Jesus, and applicants will be accepled lor membership upon satisfying the Church as I sincerity ol their lailh in Christ. The the The Deacons are responsible lof managing Ihe day lo day affairs ol the Church. Meelings ol th membership lake place at leasl three limes per year. one meeling being designaled the Annual 4friiilin Ji All DeclC.()n% ,?r. volLinleers and receive no remuneialion general hurch Recruitment and Appointment of Trustees Thv i)Ilice IIvdrer% shall consisi ol n()I lewpr than six Deacons. including Ihe Secretary and Tre election ol Deacons shall be held once every Ihfee years and the appointment of the Secrelary Treasurer shall be approved al Ihe Annual Church Meeting every Ihree years. The Deacons may appoint up lo lour Truslees lo deal wilh all legal mailers relating lo the Churc lull p()wers lo sell. excamts, lease or granl securily over any church property and lo Invest funds CtriurLlI as they see lil. urer. An nd Including Iihe Objectives and Activities Th@ cillii ol Ihe Cliurch which is allilialed lo Ihe Baplisl Union of Scotland is lo worship logelher I in Trulh, build Ihe members up in Faith and proclaim Ihe Gospel ol Jesus Chfist In word and acti the year the Chiirrh remained strong In Spir¢l. Aehicvemeiils and Porformance Followiiig a period ol coi)suiiation and the production ol a leasibilily sludy 10 look ai a way forwa Members ol the Church agreed a "Thsrd Way. the Church would conlinue bui 500/u ol the lolal fu 31 sl December 2024 les5 any oulslandirlg cosls relaling 10 Ihe mainlenance proiecl (see below) releviinl consullancy lees would be donated lo Christian charitable causes. Two commillees wer LegilC.y GrDup v¥hich WOLJld idenlily suiiable charitable projects which met agreed crilcria and a F Sircilegy Group Ihal would review the Conslilulion wilh Ihe inienlion ol becoming a SCIO and pr appointment ol a Church Communily Oeveloprnenl Workef 11 Is hoped Ihal a meeting lo be held 2025 will discuss and approve Ihe projects Ihai are being proposed by Ihe Legacy Group and th is lo advertise for a Church Communily Development Worker In February Significant work has al done with regard lo Ihe new conslilulion. Spirit and During Ihe dsasal sel up. a ress Ihe JanLiary inlenlioii o been A programme ol maintenance was carried out. specilically roof repairs. interior and exlerior painti carpels and work on Ihe basenienl lo make li suitable lor lelling as office space. This Included w prolecl (he baseinenl from a polenlial Ilood risk. These were one off projects and outwitli normal maintenance cosls new klo The Investinent slrategy was reviewed during the yeaf As a result some of Ihe funds were realis placed on a platform with Insignis which yielded a beller Tate of return. This has resulted In Invest inconie of £51.2791£8.954 10 31 sl December 20231. and ent The congregation Is united on Ils way forward and conlinues lo meet regularly every two weeks variety ol preachers taking Ihe seICe$. th a rich
Canonmills Baptist Church Yoar onded 31 December 2024 Trustee's Annual Report Icontinuedl Frnancial Review In Ihe year lo 31 Deceiiiber 2024. the Church IriLurred a nel deliLil 01 £22.45212023. deliLIl ul While Ihere is an ongoing pattern of deficit. the work ol Ihe church can be funded comfortably Ir pri)(:e¥il% ()[ Ilie MAIisp 4Ale In NI)vMbp.r 2021 Al 31 Dec.p.mbp.r 2024, rp.8p.rves %loncl al £1.02 12023. £1.044,6921 with all ol these being unreslricled. although 50./0 ol the Iolal funds a5 al 31 DeLetnher 20?4 Ip.s% any nlilslanding costs relating lo the n)ainlenance project and relevant co Ip.p.% arp desirJnated lor donation lo Christian chari13ble caLJses. 8.016 mlhe .240 SLiiiancy Re5ervg5 Policy li is the policy ol Ihp Church lo mainlair) unreslricled lur)ds, which are Ihe free reserves, al a lev eqijivalenl lo three months 8xpendiluie. The Truslees consider that r6serv8s al this level will en Ihe evenl ol a signilic8nl drop in funding. they will be able lo conlinue the organisalion's CUTrenl wliile consideralion is given lo ways In which addilional fLJnds may be raised. BJsed on accounts lo 31 December 2024. ordinary expenditure lor 3 months amoun15 to E 11 .2 Iv.x(-.IiirtiniJ larger repair works done In the yearl. Free reserves al Ihis dale were £511. 120 IfjQQ/, reserves) and the I rusiees are salislied that Ihis policy Is being mel ure Ihal. In nl Ii)lal Appioved by orojer ol Ilie board ol Iruslees un .and signecl on ils behall
Canoninills Baptist Church Yoar endcd 31 Decomber 2024 Inde etidenl Examiner's Re orl lo the Trustees of Canonmills Ba list Church I rei)orl on IhL' apcounls lor the year ended 31 December 2024 sei out on pages 6 10 9. Respeclive responsibilities of Iru5tees and examiner The clidrily's Iruslees are responsible lor the preparalion ol the accounts in accordance with Ih Ihe ChJrilios anil Tru£lp.p I nveslmenl Iscollandl Act 2005 and the Charilies Accounts IScoll8'id Regu131ioiis 2006 Ids aniendedl. The charity's Iruslees consider Ihal the audit requirgnienl ol R gulalion 101111a1 lo Icl ol Ihe Accounts Regulations does not apply. 11 Is my responsibility lo exarrine Ihe,accoLJiiIs as reqiiired under Seclion 441 I Ilcl ol the Acl and lo stale whether particular fftallers have CDme allenlion. lomy leims ol Basis of the independent examiner's report My examination w,Is carried DUI in accordancp with Regulation 11 01 the Charilies Accounts i Sc RerJ Lilalions 2Dor) An exaniinalion includes a review ol the accounting records kept by Ihe chari coiripdiison ol the accounts pre5enled with those records 1131so Includes coiisidefalion of any ilpms or disclosures in Ihe. accounls. and seeking explanalions Icom you as Iruslees concerning matters Tiie procedures Ljndertaken do not provide all the ebideiice Ihdl WOLJ.'d be required In a CDnsequenlly I dc) not express an audit opinion on the view giv¥ii by Ihe accounts. Independent examiner's statement Iland I and 4JsLJal y such audit. and In connection with my exarninalinn, no maller has come lo my allenlion.. 1 I I which gives me reasonable cause lo believe Ihat, in any material respecl. Ihe requiremenls lo keep acco(Jnling records In accordance with Section 44111131 ol the 2005 Act and Regulation 4 of the 2006 Accounls Regulalions.. and lo prepare accounts which accord with Ihe accounting records and lo comply with Regulatio 8 ul Ilie 2006 Accounts Regul31ions have not been mei. or 121 lo which. In my opinion. allenlion should be drawn in order lo enable a proper underslandiii ol the accounls lo be reached. Lowaii & Partners Limited 60 Conslitijlion Street Edii)burgh EH6 6RR Daie...2.q..UAI %0
Canoninills Baptist Church Year onded 31 December 2024 Receipts & Payments Account 2024 23 Noles Receipts Donations Invesliiienl Income 5,338 51,279 12.213 8,954 21,167 Payrnonls Ll)drilable Aclivilies Costs -179.0691 129.1831 Net RocoiptsllPaymentsl 122 4521 18.0161 Funds 8rovghl Forward 1.044.692 1.052,708 Funds Carricd Forward 1,022,240 1 .Q)44.692 Slaleiiicnt of 8alancos Total Funds 2024 Tola 2b23 i Funds Openii)g cabh & bank balances Surp111511 Delicill lor year Closiiig cash and bank balances 1.044.692 122.4521 1,022,240 .052,708 18.U161 ,044,(i(J2 All cliiii.ch ltsi?ds are ui?r&slricled, aild so the above r8118cls lolal unreslricled aiid lolal lund5 117 I LiabilitlC5 periods. Al Ihe year-end an accounting lee is due or £840
Canonmi Ils Baptist Church Ycar ended 31 OeceTnber 2024 Noles lo the Accounts 1. Basis of A¢counting These accounls have been prepared on the Receipts and Payments basis In accordance with I & TrSlee Invesimenl Iscollandl Act 2005 an(J the Chariiies AccoLJnis ISr£Jllandl Regulations 2 Imondedl e Charilies 06 las f.xnnnmill% Baoliql Chi Irrh ap i In1nOrr4le. association governed by its conslilulion 11 was ,082971 In October 19g7. Ils fegislered address 1-. 2. Nature and purpose of funds (Jnreslricled funds are Ihose Ihal may tse used al Ihe discretion of the Iruslees In furtherance o ol the charily. The Iruslees maintain a single unreslncled fun(J for the day-lo-day running ol the Reslricled Flinds may only Ue used for specific purposes. Reslriclions arise when specified by I when funds are raised lor specific purposes. (he objects harity e donor or 3. Related Party Transactions During Ihe year, the ChLtrch paid subsLriplions of £172.5012023- £ 1841 lo the Baptist Union ol Brilaiii. lu which the Church Is aflilialed. and E1.00012023" £7.10) lo the Scollish Bapti51 Fund. reat 4. Trustee Remuneralion and Expenses The nienibers ol the Board ol TrLJslees did not receive any remuneration or expenses In Ihe yea 12023. 5. Donations 2024 2023 Offerings Gift Aid DJnalions Legaey 1.902 1.436 2.000 2.962 2.626 6.625 6. Investment Income 2024 2023 Interest received 51.279 8.954
Canonmills 8aptist Church Year ended 31 December 2024 7. Charitable Activities Costs 2024 2023 Independeni Examiners Fee Pfeseniaiion
ank -harges Christmas Aciiviiies Church Ouiing Cleaning Consulting gonaiions Floivers & Gifts Heal & Ligni ospiialit Insurance usic & Organ Expenses Place lor Hope Posiage ?rinl & Siaiionery Professional Fees Pulpit Supply Repairs & Maintenance Sundriès Telephone 780 780 600 517 609 490 495 995 7.964 3.522 455 2.410 428 1.350 651 713 945 1.298 1.165 3.956 509 453 29.183 1.194 7.098 5,613 250 5.356 483 1.387 185 1.139 1.208 1.600 50.826 356 468 79.G69 8. Movemenl in Funds Unrèstrlct•d Op•rTiry b8l•rtce ai a: 1 January 2024 R•ceipis PJymenl> 1.044692 $6617 1 79.0691 C1o51ng bJlan 05 ai 31 Decerntye Tr•nsler3 2024 24C General runa Purpos•s of funds G•n•ral The tree. unreswici•o r•serves oi tne Church 50010 ()[ unreslrirled funds al 31 December 2024 yp.ar end are designated for donation lo Chrisiia Lhdrildble causes . Ii"(' bigned on ils behall Dale 16-/Y- .Is