——
Celt Street Evangelical Church, Inverness- Scottish Charity Number SC008505 Income and Expenditure Statement for the year to 31st March 2025 Year to 31st March 2025 fear to 3ist March 2024
Income and Expenditure Statement
| Income and Expenditure Statement | ||||||
|---|---|---|---|---|---|---|
| Income | £ | £ | ||||
| Offerings | 13,841.32 | 10,741.52 | ||||
| Missionary Collections | 9,730.00 | 9,851.00 | ||||
| GiftAid Tax Relief | 881.58 | 339.60 | ||||
| GiftAid Tax Relief(Missionary) | 2,248.75 | 2,025.00 | ||||
| Donations | 454.00 | 1,020.15 | ||||
| Donations (Coffee Shop) | 601.00 | 613.30 | ||||
| Refunds | 921.17 | 226.71 | ||||
| Interest Received (Bank Deposit) | 288.17 | 28,965.99 | 307.95 | 25,125.23 | ||
| Transfersfrom DepositAccount | «4,645.23 | © | ___2,807.95 _ | |||
| TotalIncome | £ | 33,611.22 | _£ 27,933.18 — | |||
| A | ||||||
| Expenditure | £ | £ | ||||
| Insurance | 2,659.31 | 2,504.87 | ||||
| Electicity | 1,407.84 | 966.29 | ||||
| Gas | 1,273.43 | 856.48 | ||||
| Equipment/Asset Replace | 978.61 | 508.98 | ||||
| Repairs and Maintenance | 180.00 | 2,428.39 | ||||
| Cleaning | 1,610.00 | 8,109.19 | 1,730.00 | 8,995.01 | ||
| Mini-Bus | 1,768.66 | 1,768.66 | 1,608.37 | 1,608.37 | ||
| Activities | £ | £ | ||||
| Gifts | 600.00 | 1,300.00 | ||||
| Services - Speakers Expenses | 200.00 | 250.00 | ||||
| Christianity Expld/Explore/Bible St | 204.18 | 707.71 | ||||
| Good Newspapers/Magazines | 627.04 | 950.00 | ||||
| Action Bible Club | 231.44 | 735.69 | ||||
| Broadband | 532.82 | 2,395.48 | 707.34 | 4,650.74 | ||
| Carriedforward | 12,273.33 | 15,254.12 |
Page 1 of 4
24/06/2025
Celt Street Evangelical Church, Inverness- Scottish Charity Number SC008505 Income and Expenditure Statement for the year to 31st March 2025
| Year to31st March 2025 | Year to31st March 2025 | Year to31st March 2025 | Year to 31st | March 2024 | March 2024 | ||
|---|---|---|---|---|---|---|---|
| Brought forward | £ | 12,273.33 | £ | 15,254.12 | |||
| Missions(Note4) | £ | £ | |||||
| Gifts - Missionaries and Mission | |||||||
| work Abroad | 5,475.00 | 3,750.00 | |||||
| Home and Full-Time Workers | 3,300.00 | 2,200.00 | |||||
| Christian Organisations | 3,525.00 | 12,300.00 | 6,150.00 | 12,100.00 | |||
| SundryExpenses | |||||||
| Advertising | 212.45 | 405.00 | |||||
| Bank-Service Charges | 62.53 | 234.85 | |||||
| Catering | 1,643.28 | 852.39 | |||||
| Christmas Gifts (Seniors) | 18.00 | 56.00 | |||||
| Stationery | 32.09 | 200.00 | |||||
| Coffee Stop Outings | 421.55 | 508.50 | |||||
| Miscellaneous | 2,288.00 | 4,677.90 | 1,547.49 | 3,804.23 | |||
| Total Expenditure | £ | 29,251.23 | _, | £ | 31,158.35 | ||
| Excess of Expenditure over Income | -£ | 285.24 | -£ | 6,033.12 | |||
| Year to 31st | March 2025 | Year to 31st | March 2024 | ||||
| Funds Reconciliation | £ | £ | |||||
| Bank Balance-31st March 2024 | 28,185.72 | ¥ | 31stMarch 2023 | 34,218.84 | |||
| IN | 28,965.99 | IN | 25,125.23 | ||||
| 57,151.71 | 59,344.07 | ||||||
| OUT | 29,251.23 | OUT | 31,158.35 | ||||
| Bank Balances-31istMarch 2025 | £27,900.48 | v | 31st March 2024 | £ | 28,185.72 | ||
| Bank Balances | £ | £ | |||||
| Missionary Fund | 1758.75 | Missionary Fund | 481 | ||||
| General Fund | 2,998.79 | General Fund | 204.72 | ||||
| SavingsAccount | 23,142.94 | SavingsAccount | 27,500.00 | ||||
| Total Bank Balances asat31/3/25 | 27,900.48 | Balance as atBankas at 31/3/2024 | 28,185.72 | ||||
| Current Account | 4,757.54 | 685.72 | |||||
| Savings Acccount | 23,142.94 | 27,500.00 | |||||
| £27,900.48 | £ | 28,185.72 |
Page 2 of 4
24/06/2025
Celt Street Evangelical Church, Inverness- Scottish Charity Number $C008505 Income and Expenditure Statement for the year to 31st March 2025
Approved by the Trustees and signed on their behalf
Signed Name of Signa Date Signed Name of Signa Date- 15th Ma Overview und Lynda Oliver Signed Name of Signa Date
Page 3 of 4
24/06/2025
Celt Street Evangelical Church, Inverness- Scottish Charity Number SC008505 Income and Expenditure Statement for the year to 31st March 2025
Notes
- Church funds, based on donations, are identified for the following purposes:-
| 31st March 2025 | 31st March 2024 | |||
|---|---|---|---|---|
| Balancesat | yearend | £ | £ | |
| General | 26,141.73 | 27,704.72 | ||
| Missions | 1,758.75 | 481.00 | ||
| TOTAL | £27,900.48 | £28,185.72 |
- There were not any extraordinary items of expenditure in the year
3.Trustees and Office bearers Remuniration and Expenses :
All of the work carried our by trustees and Oftice Bearers is done on a voluntary basis and no church funds are used for either remuneration or expenses.
4. Grants / Donations
Donations have been made to both Organisations and individuals in support of Christian missions at home (U.K. and abroad.
| Number | AverageAmount | Amount | TotalAmount | TotalAmount | ||
|---|---|---|---|---|---|---|
| Donations | made to individuals | 18 | £ | 487.50 | £ | 8,775.00 |
| Donations | toOrganisations | 9 | £ | 391.67 | £ | 3,525.00 |
5. Transations between the charity and Trustees
There were no financial transations between the Charity and the Trustees.
--- 000---
Page 4 of 4
24/06/2025
Scottish Charity Regulator
24 Floor
Quadrant House
9 Riverside Drive
Dundee DD1 4NY
Dear Sirs,
CELT STREET EVANGELICAL CHURCH,pe Charity Number: SCO08505
Financial Year 2023/24
As Secretary to the Trustees of the above, | am enclosing the accounts duly signed and approved at the church Annual Business meeting convened inter alia for that purpose. Additionally, | would advise as follows:-
-
The charity is a small church having been in existence for over 100 years, and registered as a charity in the 1960s. It is regulated by a Constitution. Po
-
Asachurch the charity exists for religious purposes, specifically to spread the gospel of Jesus Christ and to make known and to adhere to the teaching of Gods Word, the Bible. Consistent with this charitable funds are used in pursuit of these objects whether in Inverness or elsewhere in the world through charitable bodies and others known to or vouched for by any of the Trustees. Accordingly gifts are sent for religious
Scottish Charity Number SC008505
and social purposes as well as for the ongoing needs of the church locally including the maintenance of the fabric etc.
-
There is a continuous assessment of how the aims of the charity are being achieved locally and frequent communication or visits in regard to funds sent to other approved parties or bodies.
-
Adequate reserves are maintained at all times.
-
There is no deficit.
-
The church does not receive significant benefit from services rendered by or facilities made available to third parties. Members of the church do make contributions in kind by way of purchasing literature for use by the church or purchasing or preparing foodstuffs and the like for church events or donations for social purposes. Activities of this sort by church members for the benefit of the church are regarded as contributions in kind the cost of which would certainly not exceed 10% of the total income shown in the accounts.
-
Ithas been noted than in the appointment of any new trustees in the future appropriate training will be given as recommended/required.
As | indicated earlier we are a small church of less than 25 members and| trust that the information contained herein adequately meets your requirements.
It is also of importance to state that not only does this letter represent the position at the end of our financial year (2024/25) but also in respect of the period up to this date.
Secretary.
Scottish Charity Number SC008505
==
APPENDIX 3
Scottish Charity Regulator Report[to][the] Charity, Independentname examiner’s report on the accounts . trustees/members of > ; os _ C&s7ySkee EVANGELICAL° Registerednumbercharity .SC =—s— OO ¥ SOS __ __ eeChugcd (NVER AESee On the accounts ofthe | Period start date charity forthe period — Day Month___ Year _ __.____.Day ..PeriodMonth end datess Year ; to O| AfRL 2o2m Bi aA RCH 2025 Respective The charity's trustees are responsible for the preparation of the accounts in accordance responsibilities Of with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the trustees and examiner Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees consider that the audit requirement of Requlation 10(1) (d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention. Basis ofindependent My examination is carried out in accordance with Regulation 11 of the 2006 Accounts examiner's statement Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, | do not express an audit opinion on the view given by the accounts. Independent examiner's In the course of my examination, no matter has come to my attention [other than that statement disclosed on the attached page*] 1. which gives me reasonable cause to believe that in any material respect the requirements: * to keep accounting records in accordance with section 44{1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and * fo prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met, or 2. _ to which, inmy opinion, attention should be drawn in order io enable a nrone
Relevant pi qualification(
*Please delete the words in the brackets if they do not apply. If the words do apply, set out those matters which have come to your attention on the following page.