NARIAN sci tth Fin men ICK the Yeor Ended 31 December 2Q24 Pogè Report ol the Trustees Independenl Exomine¢g Report stotement of fv'nanck31 Aclivili8s Bolonce Sheet Note5 to the Finonciol Stotements 9 10 13 Detaaed Statement ol Finonckal Ach"vities 14
REGTERED COMPANY NUMBER.. SC0164n IScoHand) REGISTERED CHARITY NUMNER.. 016472 rtoftheT sle an Uno.y¢itg¢_FLLSlol.ont ED.ded 3T.QeCeber lor GLASGOW UNWARIAN CHURCH SCIO SD 8u5ines5 Monogemenl Suite 411 Boltic Chombers 50 Wellinglon Slreet Glosgow Slrolhdyde G2 6HJ
RepOrte_I[&& lor the Yeor &)ded 31 De¢eMtsL4 The trustees who are also directcys of th8 charity lor ttE putposes ol the Componies Acl 2C06. present Iheir reptyl with Ihe financial 5totemenls of the chority for the year ended 31 December 2024. The Injstees hove odopted the provisions of Accounting and Reporting by Charilies.. Stotemenl ol Recommended Practce applicable lo chorilies prepang IheK accounts in occordonce with the FinancK]l Reporling Standord Opicab in the UK ond Republic of Ireland IFRS 1021 lellective l Januory 20191. O&JECIIVÉS AND AcnvmES Oblecllves oncj olm$ The purp05es ol the Organoon ore.. l. To leoch, sluty. promote and pul into pioctice the principlès ol Unitarianism which include.. l. The use of ieason ond experience in thinking about all forms of religion and spvituolity. 11. The freedorn ond encowogement of the individual to develop his or her own rdigiov9 ideos.. ond 111. Recognition and ie5pecl for Ihe dfversity of the views and beliefs of other people. and ocknowledgernent of tt)e good in these. 2. To foster o community of mvtual wpport and care. 3. To woyide the opportunity for putAic whip. 4. To provide a seryice to member5 and to Ihe public in mothlng slgnificonl Ife even15- birth. Mn09e and deoth. 5. To toke part in notionol (Jnd inlgfftalioml Unitorion octivilies. 6. To promote peoce. religious harmony ond care of the envOnMent. 7. To support other charities wllh %milar oims. Poge I
G.WGQW VL4.ITARIAN CH..U.RQU£ Re ort of the Tru for the Year Ended 31 December 2024 ACHIEVEMENT AND PERFORMANCE l. Evtxy month. with excepton of August 2021, GUC welcomed members ond Vlf0[$ to 0 SeiCe, or on engagement sesyon. eoch Sunday mcming ot I l om. Our seNices conloin reference to Unitorion troditions. volue5 nd principles. On the f5rst Sunday ol each month, with the exception of Avgu5t 2024. on additional narrowcagt $8rvicg wa5 hdd online. Many ol those ollending Ihe moming service in Church also attend the evening service on Zoom olong with sevèrol regulor vtsitots ond friends from other Congregations. The numbers attending eoch Sundoy gotrherir 15 generolly vnder 20 as our congregatlon FS ogeing. and severd are no longer ae lo ottEnd in porn. Usually behveen 15 and 20 people attend our norrowca5t setvices. . The Sundoy meetings include social lime fly conversation and discussion which 15 an important part of our gathering. Business meelin of the vorious Committees continued to be trEld online in 2024. 3. The trustees and Posloiol Core teom ol volunlory belfftnders continued to keep in touch with member5 by felephofje. letter and emali. throughout the year. poylng porticular altentlon to those in need ol addthonal support ond core. 4. The monthly Newsktter. New5 & View5. W05 publtshed eo¢h month 0$ on online publication, with printed copies being sent to those who require them. 5. Surday ser¢ices remain open to th8 public whether on Zoom or in P8fSOn. Advanc8 notice was PUtAished in the monlhly N&wslÈrter. The wdcome nolice in the window of the Church seNes to inf¢ym p¢Js5ersby thal we ore open for ser4ices eoch Sundoy al T l am. 6. Eoch WÈdnÈsdoy evening. o smoll group continues to meet online to discusg a vaty ol topics with on ethical dimension or other interest. Numbers ottendlng hove decllned but It still an opporhjnity for members and vi5ilors alike to meel ar)d discuss vorious lopics from o Unitarian petspective. Meeting on Zoom enobles those who cothd nol normolly come to o meeting in the Church on a Wedne5doy evening. to loh the diScu10n$. 7. memes of peace. religious harmony. Ca ol the environment and historkol sociol relom. fealwed in our meetings. 8. Member5 general contribvte finonciolbl to lh8 Church by woy of reuvlar electronic poyments made drectry to the Church Bank Account5. ?. Cclleclicns taken at coffee time, after the service, are usually sent lo a norrinaled chority. 10. Throughovt 2024 the Church Officer continued to manoge the commeraol business of the Church. I l. The Gernerol Assembly onnutsl meeting w(% held 4-6 Aprli 2024. wtfh rtrpre5entation from Glasgow. 12. Two delegole5 amend rrEetings ol the Executive Committee ol the Scollish Unitarian sOcialK)n. Several other member5 joined them for the SUA AGM hosted by Edinburgh Unitarian Church on 271h Awl 2024. Poge 2
W UNITARIAN Report ofmoliust for the Yeix End mber 2024 FFNANCIAI REVIWII Re$erves pollcy Following o rnojor renovation ond reconfuuration of She Fxemises a172 Berkel&y Slreet. the trustee5 consdtrred th(21 it wa5 e55entiol to rebvild the Society's r85erves Fry these moin Ok11[e5." lal lo meet th8 c19 ol moiThtenancè. ond replacement of the and its fufftiture. fittings tsnd foalifrre5. includi1 equiyiTIVTII.. ond Ibl lo keep open the possibrily ol employii)g o Unitorlan minislèr or lay Eeadgl. An amount of £I.0[X) 15 kepl on re5eroe to cover these costs. A gnlCanf source of income Is n(xmally defived from I51n¢$$ licens8e5 and other US ol the buildng. All rcensees hove paid nI ond strrvice chLYige in full during 2024. In 24 the bulding wo% renomed Unitartan House. to acknOWdge chongng othlude5 to Churches. ond lo be m(xe inclusive of other buiUing vset5. The Society suffered sunificant Ios5e5 Ot the li of the bonkng Cris 012008 and the Irust8es hove been rductont to re4nv85t in stocks uno shoies. Therefore, the reseNes ure held in voriou5 sovings occounls lo en$e Ihot furKIs ore prolecled by Ihe Financiol Services Compen50tion Scheme. FLIIURE PLANS The Society 15 acce55ible to tho pukjic o putJiC-l(png website. Our webstie. Google ptsge oncl Facebook page ar& used to Lv8rtiSe and infum Membe and non-membets olke. The Society continves lo bok for way5 to syomote Ihe presence of Unitorions in Scollond. STRVCTURE. GOV&8NANCE AND MANAGEMENT Govemln9 do¢umenl The chorify is controlled by its governing document. the Constitution. and conslltules o ScottL¢h charitabl8 incorporated orgon15Cltion. ond deflned by The Scottish Chorilable InccKporated Organsotion5 Regulathons 2011. The Constitution WG5 r8vi58d in 2020 a furt omendment passed at the AGM In 2023 to elarify the position of member5 attending meetings online orby telephone. to be deemed os oltending In peon'. The Ctsn5thtution. StorKling Ord$ and other relevont inlorrnation rtrltsted to the Church has been incorporoted inlo a ne document. Glasgow Unitarion Church. Handbook. to simplify access to informatrK>n about the Church. the building and the Community. ReclIment and appotntmènt of n•w truslees )9 RligiL)us S0(".p.ly known os Glasgow Unilarion Church hos been 0 5¢0llish ChtsrilublL I,Ii Organi5Qti?n 15CIOI since 2012. It 15 a Fegislered charity SCOI 6472 wTlh our company oflice 01 The govemance ol the Society 15 sel out ils constitution. The generol structure consisls of the Members. who hove Ihe Mght lo oppoinl the lftJslEes ond lo vote at General Meetings. The elected chority trustees. who must be members of the Society. form the Monagement ComrrMt¢e. The tWStees elect the office-beoref5. Trustees are dected or reelected ot the Annuol Gerierol Meeting. The Constituticn slates that. Onè thiid ol the Trustees musf tIre annually. TheTrustees lo retire by rototK)n sholl b8 those tho hov8 served longe slncè their lost oppointment. Those reliring wll not be eligiblè for re-election wlhin one yeui, unless two thirds of thtxe syesènt agree to their èligibility for re-election., In 2923 the Muiiagem¥nl Cornmiltee welcomed one new merllber. The Church officer attendg meetings of the TnJ5tees. locrfitoling, recording and trunscribing the minutes of m¢elings. All members ore wekome lo ottend Chwch businèss meetings in on 0erVer copocity. REFERENCE AND ADMINISIRAITVE DETAILS R•glstèied Compony number SC0164T2 Iscolandl Poge 3
Re ort ol Ihe Trustees Reglslered Chority numbér 0. 6472 Indep•ndenl Examlner SD 8uynesg Monagernenl Suite 411 Bollic Chambers ) Welinglon Street Qa5gow str(Jlhctyde G2 6HJ Approvpd bv ordpr of the boord of In199.5 on ...-.....-.-.. . and gned on its behalf by.. Poge 4
Inde ndenl Exomin th Trustees ol lasgow11 non ChyLh ISCIOI I report on Ihe accounls for yeor ended 31 December 2024sel out On Poges six to thirteen. Respecllve re5ponsiblllles oltruslees tsnd èxamlnei The charity's trusteei e responble for Ihe preparation of the occovnls occordonce with the terms ol Charitie5 ond Trustee Inve51menl IScoMandl Act 2LX)5 ond the Charities Accounts Iscollondl Regvlolions XM)6 105 omendedl. The chariV5 trustees consider that the audit requiremenl of R8gu1otiori 1011 Ilol lo Icl of th& Account5 Regulc7tlons doe5 not opply. 11 is Ify lESpol111fY to éxomine the CcoUnts a5 r6qvwd unckr Section 441 Illcl of the Act ond to state %theineT Porticular matters hove come lo my oltenllon. Basls of the 5ndOnd•n1 •xamlne¢J report y exomination wos carried clut in occordon¢e wlh Regulotion 11 of Ihe Choitie5 Accounts IScoMon(ti Regvlotions 2C06. An exominalion indvde5 o review ol the accounting records kepl by the ch(ty ond o CQrnPQri50n ol accounts presenled with those records. It olso includes consideration ol ony unJsuol items or disclosutss in the accounts. and seek¢no expionation5 from you a5 Iwslees concerring any such matters. The procedures undertaken do not rKoMde ol the eifjiJen¢e thtst wodd be require(J in on audit. ond consequently do not gxpre55 on ovdit opinion on the vièw given by Ihe occounl5. Indpendenl examlne<s $tatement In connection wth my examinotiDn, no rnotteT hos come lo my amention .' 111 vllch gives m8 reasonoble couse to believe that, in any moteinl respect. the requirernent5 to keep occounling rec(Kd5 in accordonce with Section 44llllal ol the 2CK)S Acl ond Regulotion 4 01 the 3))6 Accounls Regulotrions.. and to prep0 occounts which occ(Ird vAth tre occwnting records and to comply wth RegulaOn 8 of the 2CX)O Ac¢ovntg ReguLation5 have not been mét.. or 121 to which, in my opiniorn. attention should be drcwn in order to enatAe a Fyoper vndgrstranding of the accounts to be reached. SD BusSness Monogament SLNt8 4118oltic Chumbers 50 W?Ifington Street Glasgow Strothdyde G2 6HJ Dote.. Poge 5
RIAN CH stalem nt of Anan 31.12.24 Unre$trfcted 31.12.23 Total fun Nolos INCOME AND ENDOWMENTS FROM Oonotions ond legacps 10.957 10.937 Investment income 37.743 30.914 48,7( 41,851 EXPENDITURE ON Raising funds Ch(wttable ocltwWe5 Providing worship facilthes 1612 3.513 Oth8r 45,326 39.687 Tolul 47,938 43. NET INCOMEI(EXPENDilliRE) 762 11.3491 RECONCILIAlloN OF RINDS Tolol lunds brovght lorword 496,$3S 497.884 TOTAL FUNDS CARRIED FORWARD 497297 496.535 CONTINUING OPERAllONS All income ond expenditure h05 Oren from continuing activilies. The notes lom ptsrt ol th8se ffnoncid stotements Poge 6
GLAS W UNttARIAN HURCH scio 8.o.Ip.nco_5he.¢t 31 December 31.1224 Unreslricfed lund 3Tr.12.23 Total funds Note5 FIXED A5SErs Tongible assets 307A4 303.348 CLIRRENT ASSETS Debtors Cash at bank 332 189.213 234 193.029 189,545 193.263 CREDITORS Amounls lolling due wlhin one yeor (72) 1761 NET CURRENT ASSETS 189.473 193.187 TOTAL ASSETS LESS CURRENT UABIIITIES 497,297 496,535 NET ASSETS 497.297 496.535 FIJNDS Unrestricted funds 10 497.297 496.535 TOTAI FUNDS 497,297 496.535 The charitable compony is enlmed lo exemption from oudil under Section 477 of the Companles Act 2006 for the year ended 31 December 2024. The members hove nol required the company to obtoin an audit of its financid stotements for the yeor ended 31 December 2024 in occoidance With Section 476 of Ihe ComparM85 Act 2tM)6. The tnjstees ackno¥%ledge the¥ ie5ponsiknlitBs lor lal enwring thot the choritoble compony keeps occounting rec(*ds that comJy with Sections $86 and 387 01 the Componies Act 2C06 and veporlng Ilnoncial slalemenls which give a true and lair view ol the state ol affai ol the charitoble company os ot the end ol each financial year and ol its surplus or deficit loi each financial yeor in accordance wilh Ihe requirements of Sections 394 ond 395 and which olherwse Comply with the requirements of the Comporie5 Act 2(X)6 relating lo finoncial statements. so far a5 apFAicabi8 to the choritcJtAe cormpany. Ibl Ihe note5 form part of Ihese finonciol statements Page 7 contnued...
GLASGOW uNARIAN CHURCH scio e0lancp_5heetOntinQd 31 December3)24 These financial 5tatemenls hove been prepared in accordance wth the provi%ons opJicable lo choritoble companies Subject to the smol companies regime. The fincmcial slat8ments were approved by the Bo(rd of Trustees ond aLrth0ri5ed for iswe . ond WeTe oli its bEliolf by- on The notes lorm part of these finoncid 5Folements Poge 8
.-G_OW UNft.ARIAN.C.HURCH LS.¢.101 Notle F.noncial Stat ments lor th Y80r Ended I December 2024 ACCOUNTING POUCIES B05ts of PTepurlng the Ilnon¢lol slolements The finonciul slotements ol the charitrobltr compony. which is a pub4c bènefit entily under FRS 102. hove been wepared in accordance wth the Charifie5 SORP IFRS 1021 'Accounting and Reporting by Charitie5.' Statement of Recommended Practice applicab to charities tKep¢)ring thr occoun15 in occordonce with th& Financiol Reporting Slandar(S applicable in Ihe and R8public of Irelond IFRS 1021 lelleclive I Jonvory 20191,. Finonciol Reporling Stondard I2 'The Financial Reporting Stondord ctppliable in the UK and Repvblr ol Iielond, ond the Componies Acl 2Cx)O. The ffnonciol slalemenls have been Fyeporod under the hisc4ical cost convention. These accovnts hove tieen [epar on a recepts and payments bo%s accordoncé wth the legislotion. Income All income is recognised in the Stalement ol Financial Activilies once the chcwty has entitlement to the nds. tk i% probable thot Ihe intome wll be received ond the omovnt can be measured reliabty. Expendttwe obililies ore recognised as expenditLKe as soon as there is a legal or conshuctive oksigolion committir the chority to thot expendilvre, il probate fhat a Ironsler ol economic Lnefits will be required in settlement and the omovnt tsl the obligotron con be me05ured reliabty. Expenditure 15 accounted far on an acc01$ basig and hos been classified under hèodings that oggregale all c051 reloted lo thg cotegory. Wheie cos15 cannot be diiecly otlributed lo pcxlicular heading5 Ihey have been allocot?d to octwilies on o bos15 cotren1 wlh the Use ol resotxce5. Tanglble fixed assets Depreciotion is provided at the folowng annual rotes in order to write off euch asset over its estimated useful life. Fvxtwes ond fjttin95 not prowde Taxaffon The charity ts exempt from corporalion tox on its choritable actNities. Fund attounNn9 Unrestricted fund5 can b8 Vsed in occordonce with the choriloble obi&chves at the discretion of the Irustees. Restricted fund5 can only be vsed lor porlicular reslricted purposes wlhin Ihe objects ol the chority. Restrictions orise when specified by Ihe donor or when funds ore rai9ed f(y porti¢ulor resmcted purposes. Further explonation ol Ihe nature and purpose of each fund Is inckjdecj in Ihe note5 to the finonciai slalements. P•n51on costs and olhew post-1eltrenDI benellls The charitabl8 compony operoles o defmed conlribvtKJn pension scheme. ContrIbutn$ payab to the charitable companvs pengon scheme ore charged to the Slolemenl of Finonciol Activit*s in the period to which Ihey relate. Debtors are recognised at the settl6mont omounl du8 aft8r any dCOunt orfered. Cash al bank ond In hand Cash at bank and cash in hand includes cosh and short term hlghbrf11gu investments with o short malurity of three months or les5 trom the dote of ocquisition opening ol the deposit of similar occovnt. CredlFors Poge 9 continued...
ITARIAN HUR ntin for th¢ Ye&v Fndpd 31 2Q4 ACCOVNTING POUCIES. conNnued credito are recognised where the charity has a FKesenl ouallon resulting frorn a FXJ5t evenl Ihot 11 tyobably r&sult in the transfer of funth lo a lhd party and the umount due to S8tt18 th8 oblwJation con be mea5vred or estimoted rellat¥. Credit(X5 are normalw recognised at thew selllement amount aller ollowing for ony discounts due. INVESTMENT INCOME 31.12.24 31.1?.23 Income from roorn lets IncorrE from tenant5 Deposit account inlerest 5,935 28,240 3.508 4.750 23.?96 2.168 37.743 3Q.914 TRUSTEES. REMUNERATION AND BENEFITS Twdee$' expenses During the year o lolal of one trustee voas reimbursed lor expenses. The totol omount ol expense5 imbursed wos £230.LK)12023- £0.(hJi. This can be onolysed os follo.. Office expen5QS 2J).CA) STAFF COSTS Ihe overage monthly number of emoYeeS during the yeor wos os follows.. 31.12.24 31.12.23 Administrative No employee5 recsved emdvments in excess of £60.(W. COMPARAIIVES FOR THE SIATEMENT OF FINANCIAL ACTIVItIES Unie5tricted fund INCOME AND ENDOWMENTS FROM Donatn5 and legacie5 10.937 hv65tment income 30.914 Total 41.851 EXPENDITURE ON Raising funds Charflable aetlvSks Providing wcrship facilitres 3.513 Other 39.687 Page ID conlinved...
W UNITARNN HURCH ot2Ltsthoowl.51OtrQrnents- conlinv.od rEn Mber24 COMPARATIVES FOR THE STAIEMENT OF HNANCIAL ACTIVlnES- contlnued Unfftstricted ftjnd Total 43,2(N) NET INCOMEIIEXPENDITURE) RECONCILIAfON OF FUNDS Tolol funds brought lorwarcl 497.884 TOTAL FUNDS CARRIED FORWARD 496.535 FeES TO INDEPENDENT EXAMINER 01 the amounts paid to the independent exominer rdoting lo Ihis period. £720 rdated to payroll. £939 rekjted to the independent exomination and £939 reloled to other occovntoncy Services. TANGIOLE FIXED ASSEtS FiKhJres ond fittin95 Freehold propetly Computer equipment Totals COST Al l January 2W24 Additions 289.760 1073 667 303.348 4.470 3.809 At 31 December 2024 289,760 15,324 2,740 307,824 NET BOOK VALUE At 31 December 2024 289.760 15.324 1740 307.824 Al 31 December 23 289.760 2073 )3.348 DEBTORS: AMOUNTS FAILING DUE wmiiN ONE YEAR 31.1224 31.12.23 Trade debtors Sociol Security and otherlox Woges Poyoble 234 213 21 92 332 234 Pogell continued...
GWGOW UNITARIAN CHURC Notes lo Ihe Financiol St t ntinued ioi the Year Ended 31 D8c8mlJer2024 CIEDITORS: AMOUNTS FALLING DUE VIITHIN ONE YEAR 31.12.24 31.12.23 Pensiors paYae 76 io. AIOVEMeNT IN FUNDS Net movement in lund5 Al 31.12.24 At 1.1.24 Uniestrlcled lunds General fund 496,535 762 497.297 TOTAL FUNDS 496,53S 762 497,297 Nel movement In lundg, irlUded in the above ¢ye os follow5: IncomirwJ resources Resources eypended Movement in funds Unreslrl¢ted funds Generol fund (47,938) 762 TOTAL FUNDS {47.938} 762 Comptyamves for movement In Ivnd5 Nel mov8m8nt in fiJnd5 At 31.12.23 At 1.1.23 Umestrlcted Ivnds Generol fund 497,884 17,3491 496.535 TOTAL FUNDS 497.884 11.3491 496,535 Comporative net movement In tunds. inckjded in Ihe above ore os Idlows.- Incoming resources Resources expended Movemenf in funds Vnrestricled lunds Generol fund 41.851 I43.21 11.3491 YOTAL FUNDS 41.851 143.2001 Poge 12 continued...
GOW NfFARIAN CHURCH scio Notes to the_Finonciol Statem&nts- continu8 10. MOVEMW IN FUNDS- conNnv•d A CLnI yeor 12 months ond priory8ar 12 months combined position 15 as IcAIows.' Net movement In funds At 31.12.24 At 1.1.23 Vnrestrlcled lund5 Generol fund 497.884 15871 497.297 TOTAL FUNDS 497.884 15871 497.297 A CUent yeor 12 months and prior year 12 months combine¢J nel movernent in funds. included M the abov8 a5 follows.. Incoming resources Resovrces expended Movement in lund5 VM•slricled lunds GeneToI fund 90.7 15871 TOTAI FUNDS 90,7 15871 RELATED PARIY DISCIOSVRES There were no reloted PQFty transoctiong for thè year ended 31 December 24. 12. RECEIPTS & PAYMENTS BASIS The accounts ho)ve been prepared on the receipf5 ond poyments bas as permitled by the 50RP as il pertains to SCIOS. The effect ol the short lem ossets ond liabilities ncluded in the noles to the ffnoncial slotements are therefore not reflected in the statement ol financial activities or bolance sheet. Pog8 13
toiled Statement ol ¥irFanCl Actbvi118S 24 31.12.24 31.12.23 INCOME AND ENDOWMENTS Donqtlss ond lego¢les Donorn5 10.?57 10.937 Inveslmenl Income IrTrcome from room lets Income tr¢)m tènonts D8p051t account inlere5t 5,935 28.240 3,568 4,750 23.996 2.168 37.743 30.914 Totol Incomlng re$ouYce$ 41.851 EXPENDITURE Charlloble octmtles Postorol care & other cosls Delegote costs Pulpil fees oncl cosls Gerieral Assembly quota paym8nt Don(Thons to other Churches 75 349 763 1,225 2(• 170 640 893 1612 3,513 Olher Musicions Catering Memberships und chortkable giving 270 io 394 Supp(xl costs Mano9ement Woges & homrarium P&n5ions Rote5 In5uronce Power ond Utilities Adverting Cleaning oirice expee$ linc tdephong Repair5 and iedecoralK)n Communication & troining Professionol lees Travelling i 1.406 913 4.642 10.462 837 6.333 7.919 277 2.734 1.812 5.370 8,437 318 3,516 3.308 2,387 120 2,$98 2.688 126 44.932 39,679 Tolal re50UFCgS expended 47,938 43.2(K> Net IncomellexpendlluFe) 762 11.3491 This page does not lom part of the statutory finoncul stotements Poge 14