Church of God, Pentecostal Assembly Parkburn Road, Kilsyth
Financial Statements For the year ending 31 January 2025
Contents
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|Administrative|and|Legal|Information|Page|1|
|Trustees|Report|Page|2|
|Statement|of Trustees|Responsibilities|Page|3|
|Independent|Examiner’s|Report|to|the|Trustees|Page|4|
|Statement|of Financial|Activities|Page|5|
|Balance|Sheet|Page|6|
|Notes|to|the Accounts|Page|7-9|
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Administrative and Legal Information
Charity Name
Church of God, Pentecostal Assembly
Status
Charity Registration Number SC012873
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Trustees
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Pastor Treasurer Registered Address Parkburn Road Kilsyth North Lanarkshire G65 9DG Bank Royal Bank of Scotland
Royal Bank of Scotland
Appointment of Trustees Trustees are appointed by election by the members ofthe Church of God, Pentecostal Assembly
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Trustees Report
The objects of the Charity are outlined in our constitution and include ‘The promotion of Christ’s Kingdom through evangelism, teaching, preaching and social action.’ Throughout the year, these objectives have been addressed in the following ways:
| Evangelism | ThemessageofChrist’s power to change and restore lives continues to |
|---|---|
| be present through awide variety ofopportunities and methods. | |
| Teaching | Mainly at Sunday Services involving the resident team and guest |
| speakers | |
| Teaching | Through various courses such asAlphaand other discipleship |
| programmes, but also through lifestyle training, coaching and support | |
| which is designed to inform, educate, train, and inspire to action. | |
| Prayer | Incorporating awide variety ofopportunities for different groups to |
| focus prayer on the needs ofindividuals, families, and the town. | |
| Social Action | Through the weeklyROKK Club and Golden Days, and other special |
| eventstomeetpracticalandsocialneeds. |
The church continues to endeavour to cater for all ages and social groups from children to families, teenagers, and social members.
The Charity continues to be dependent mainly on voluntary workers who give their time and energy freely to service the growing number of opportunities and experiences available to a continually expanding community incorporating every age and social group.
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Statement of Trustees’ Responsibilities
Under legislation relating to charities in Scotland, the Trustees are required to prepare accounts for each financial year which give a true and fair view of the state of the charity’s affairs and of incoming resources and application of resources, including its surplus or deficit for that year, and which have been properly prepared from and are within agreement with the accounting records of the charity and comply with relevant disclosure requirements.
In preparing those accounts, the Trustees are required to:
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e Select suitable appointing policies and apply them correctly.
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e Make judgements and estimates that are reasonable and prudent. e Prepare accounts on the going concern basis unless it is inappropriate to assume that the Trust will continue its activities.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the Charity’s financial position and enable the Trustees to ensure that the accounts comply with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The Trustees also have a general responsibility for taking such steps as are reasonably open to them to safeguard the Charity’s assets and to prevent and detect fraud and other regularities. The Trustees confirm that the accounts comply with the above requirements.
Signed on behalf of the Trustees.
ee - oo
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Independent Examiner’s Report to the Trustees
I report on the accounts for the year ended 31 January 2025 set out on pages 5 to 9.
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) 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 of the Independent Examiner's report
My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. 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 seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that, in any material respect, the requirements
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to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
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to prepare 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 which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
TB Dunn & Co Ground Floor (part) Unit 8000 Academy Business Park 51 Gower Street G51 1PR
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Statement of Financial Activities For the year ending 31 January 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Incoming Resources | |||
| Donations and similar incoming resources | 2 | £89,046 | £93,280 |
| Investment Income | £710 | £1,692 | |
| Other Income | 3 | £1,967 | £4,170 |
| Total Incoming Resources | £91,723 | £99,142 | |
| Resources Expended | |||
| Direct charitable expenditure | 4 | £5,422 | £6,237 |
| Management andAdministration | 5 | £92,303 | £104,566 |
| Total Resources Expended | £97,725 | £110,803 | |
| Net Outgoing resources | (£6,002) | (£11,661) | |
| NetMovement in funds | (£6,002) | (£11,661) | |
| Total funds brought forward | £820,117 | £831,778 | |
| Totalsfundscarriedforward | £814,115 | £820,117 |
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Balance Sheet As at 31 January 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Fixed Assets | |||||
| Tangible FixedAssets | 7 | £761,521 | £764,401 | ||
| Investment | 6 | £2,520 | £2,520 | ||
| £764,041 | £766,921 | ||||
| CurrentAssets | |||||
| Cash atbank and in | £51,788 | £54,838 | |||
| hand | |||||
| £51,788 | £54,838 | ||||
| Current Liabilities | |||||
| Accruals | £1,714 | £1,642 | |||
| £1,714 | £1,642 | ||||
| Net Current Assets | £50,074 | £53,196 | |||
| Total NetAssets | £814,115 | £820,117 | |||
| Represented by | £814,115 | £820,117 | |||
| GeneralFunds |
Approved by the Board of Trustees and signed on its behalf by:
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Notes to the Accounts Year ending 31 January 2025 .
- Accounting Policies
a) Accounting convention
The accounts have been prepared in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10 (1) (d) of the Accounts Regulation does not apply.
b) Incoming Resources General offering and donations are accounted for as they arise. Deeds of covenants are included in general offerings as they arise.
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c) Tangible Fixed Assets
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Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.
° Church equipment 20% on reducing balance. ° Property Not provided
- Donations and similar incoming resources
| 2025 | 2024 | ||
|---|---|---|---|
| Covenant | £16,515 | £17,324 | |
| Donations | £4,276 | £2,014 | |
| General Offering | £68,255 | £73,942 | |
| £89.046 | £93,280 | ||
| 3. | OtherIncome |
| 2025 | 2024 | |
|---|---|---|
| New Ministry | £1,508 | £- |
| Food Hygiene | £180 | £- |
| Community Day | £279 | £- |
| Heating Donations | £- | £250 |
| Council Funding | _£- | £3,920 |
| £1,967 | £4,170 |
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Notes to the Accounts Year ending 31 January 2025 (Continued)
| 4. | Direct Charitable Expenditure | ||
|---|---|---|---|
| 2025 | 2024 | ||
| Other Mission | £2,644 | £3,244 | |
| Speakers | £250 | £150 | |
| Conference/events | £1,572 | £2,102 | |
| Children’s Ministry | £324 | £577 | |
| Youth Ministry | £245 | £164 | |
| Family Church | £387 | £- | |
| £5,422 | £6,237 | ||
| 5. | Management and Administration | ||
| 2025 | 2024 | ||
| Depreciation charges | £2,880 | £3,350 | |
| Heat and Light | £18,044 | £17,648 | |
| Insurance | £5,080 | £4,945 | |
| Media | £940 | £1,047 | |
| Motor expenses | £- | £- | |
| Pastors Salary | £34,000 | £36,000 | |
| Pension contribution | £2,131 | £1,915 | |
| Postage and stationery | £1,722 | £2,420 | |
| PropertyUpkeep | £3,040 | £16,301 | |
| Catering | £1,360 | £1,429 | |
| Admin Staff | £15,408 | £13,320 | |
| Telephone | £2,921 | £2,819 | |
| Training | £900 | £250 | |
| Sundry | £3,877 | £2,908 | |
| Medical Insurance | £- | £214 | |
| £92,303 | £104,566 | ||
| 6. | Listed Investment | ||
| Market value as at 1 February 2024 | £2,520 | £2,520 | |
| Marketvalueasat31January2025 | £2,520 | £2520 |
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Notes to the Accounts Year ending 31 January 2025 (Continued)
7. Tangible Fixed Assets
| Property | Church Equipment | Total | |
|---|---|---|---|
| Cost | |||
| As at 1 February2024 | £750,000 | £103,319 | £853,319 |
| Additions in this period | £- | £- | £- |
| As at 31 January 2025 | £750,000 | £103,319 | £853,319 |
| Depreciation | |||
| As at | February 2024 | £- | £88,918 |
| Charge for this period | £- | £2.880 | £3,350 |
| As at 31 January 2025 | £- | £91,798 | £88,918 |
| Net Book Value | |||
| As at 31 January2025 | £750,000 | £11,521 | £761,521 |
| Asat1February2024 | £750,000 | £14,401 | £764.401 |
- Trustee Remuneration and Expense
Remuneration paid to Trustees in relation to their employment as Pastor(s) and Christian Worker were as follows.
| 2025 | 2024 | |||
|---|---|---|---|---|
| P | Salary | £- | ||
| Pension | Contribution | £- | £- | |
| Medical | Insurance | £- | £214 | |
| Total | £- | £214 | ||
| 2025 | 2024 | |||
| P | Salary Pension |
Contribution | £34,000 £1,020 |
|
| Total | £35,020 | £37,020 |
No amounts were paid to any trustee in regard to his/her position as Trustee.
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