Scottish Charity No. SC019740 Cornton Baptist Church Trustees, Report and F inancial Statemcnts Year ended 31 December 2023 |+P Innes & Partners Chartorqd Cqrdfisd Accountant8
Cornton Baptist Church Contents of the FimanciAI Statementsfor theyear ended 31 December 2023 Page Report of the Trustees Report of the Ind¢p¢ndenl Examin¢r Receipts and Payments Account Statement of Balonces Not¢s to the Financial Statements
Cornton Baptist Church Report of the Trusteesfor the year ended 31 December 2023 The Trustees are pleased to present their report together with the financial statements ofthe church for ihe year to 31 December 2023. Re8i8tered offiee Achrny Drive Cornton Stirling FK9 5DR Banker8 Bank of Scotland l Munro Road Stirling FK7 7SY Solicitors Kerr & Co 10 Albert Place Stirling FK8 2QL Sthtvs of Charity Ind governing document Cornlon Flaptisi Chiirch is established by ConslilLilion and is a registered charity with OSCR (SCO19740). A new charity, Cornton Baptist Church SCIO (SC053082) has been set up lo replac¢ Cornton Baptist Church, SCO19740. The charity intends lo wind up and Iransf¢r th¢ a55¢ts and liabilities to Comton Baptist Church SCIO on 31 March 2024. Aims and affillatlon Thc aims of the cliurch are 'tthc advanccriieiil ofthe Clirislian faith. primarily in Ll)c Comlon area of Siirling and al40 throughout Scotland and the rest of ihe world by all means consi51ent with ihe leachings of the Lhrislian Elible" 'I'he Church is alliliated io the Baptist Union ofr Scotland. Trusl¢¢s Offlce Beare The chiirch is congregational in trt)licy and it5 d&y to day running is undertHken by the Ojfice Be&rers (the Trust¢e5)- Th¢ Offile Bearers who served during the year &nd to date are &s follows.. appointed 28 May 2023 These TNste¢5 hold the lille deed5 to the property noted on page 6. Appoilltment of Trustees New Irustccs are nominated for appointm¢nl by ¢hurGh members and confinned in thal appointment by a meeiing of church members. Prior to church meetings, the nominee is interviewed by ihe Pastor and gives public testimony to their faith. New .1 rustees would be tamiliar with the church's values. its aims and objectiv¢s &s w¢ll as tts day-to-day operntions. As part of their induction programme, new Ttvst¢¢s ar¢ required io understand their statulory respunsibililies. Page I
Cornton Baptist Church Report of the Trusteesfor ihe year ended 31 December 2023 Aehievements And perforniAnee During 2023, th¢ ¢hur¢h saw som¢ Signifint Changes in its operations. As church membership continues to grow, an Associate Pastor was appointed. In addition, the church is in the process of conv¢rtin& to a SCIO, with all activity and assets transfeing to the new SCIO (Cornton Bapiist Church SCIO) on 31 March 2024. Significant highlights, events and developments of note in the year include th¢ following.. In relation lo Activities.. • The church's liv¢str¢am ¢quipment continues to be iitilis¢d ea¢h week allowing us to broadcast our services via the intemet thus enabling us lo reach not only our own members bui also a wider audience. A hybrid model conlinues to remain in place, with d live broxdcast continuing for those unable to attend in person. Our praycr mcctings takc place cach week. one praycr mccting is run online and a 5¢cond in person. At the start of 2023. Small groups were re-introduced. There are cu¢tlY S STnall groups meeting ea¢h tortnight, with 65 individuals signed-up lo attend. The ongoin8 aclivities of th¢ church, namely Sunday School. youn8 people groups. kids, clubs, and monihly liidies, tn¥¢tin¥s all Lonlinue lo operate and me¢1 the Deeds ofihe IvLal cumtnunity. A tnonthly men's meeting was introduced in the final quarter Df the year. The needs of the community Are &lwAyS under consideration and various families were supported. The community larder coiitinues to operate from the Cliurch and continues to be well used. The church continued lo support missionaries Rt home and abroad through the Baptist Missionary Society. Thc church is delighted to provide chaplaincy support ai Comton Primary School and Cornton Nursery. We alsu partlLiPUted in ihe juint chaplainLy arrdng¢m¥nt ai Stirling Universi(y. As noted last year, yOLlth and comTnunity progrdmmes Continue to be. staffed by volunteers rniher than a memb¢r of church staff. In r¢lation to fvnding.. Giving to the General fund of the church continued to be healthy under the Gift Aid scheme. FlnAnclal revlew Principalsourees ofJunding The church receives it funding from church members by way ofregular offerings and gift aid donations. Resulisfor iheyear As a result of an overall surplus for the year of £24.186 (2022.. deficit of £3.465), the church held total fund5 amounting to £123,923 (2022.. £99,737) at the year end. split tween th¢ 8enernl fund of £123,724 (2022.. £99.313) and Ihe reslricled funds of £199 (2022.. £424). Reserves It is Ilie policy of the Church lo maiTJlain unrestricted fiinds, that 15, fund5 not coinmitt¢d or invested in fixed &ssels, at a level which equates to Approximately three month's unrestricted expenditure. This allows suificient funds to enable the ongoing work of the church to be mainlained. The unr¢stri¢ted Generdl Fund on page 6 and note 5 at J l December 2023 amounted to £123,724 {2022.. £99.J13) and was above th¢ miuircd Icvcl. Domalions The ChUh rnakes donations from its gift income to individuals and organi5ations that are genern]ly known to lh¢ Ttustees and the church. Th¢ ben¢ficiaries are involved in activities or ministrie5 Compatibl¢ with the church's objectives. Page 2
Cornton Baptist Church Report of the Trusteesfor the year ended 31 December 2023 Ir(Jveil b .' Ilie Trii.ilL'L'i uii 2024 tsftdslgrted on thelr beliallby.. Irts.siee/frÉ'u.iurgr Page 3
Cornton Baptist Church R¢port of the Independent Examiner to the Trusteesfor the year ended 31 December 2023 I report on the accounts of the con8regation for the year ended 31 December 2023 which are set out on pages 5 to 8. Respective responsibilities of Trustees and examiner The Charity's trustees ar¢ responsible for the preparation of the account5 in accordance with the tems of the Charities and Trnstee Investment (Scotland) Act 2005 and the Chariiies Account5 (Scotland) Regulations 2006 (as amended). The Charity's trustees ¢onsider thal the audit requirement of Regulation 10{ l ) (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 lo 514t¢ wheth¢r particulaT mattcrs have win¢ lo my attenlion. Basis of independent examiner'8 Statement My examination is caled out in accordance with Regulation I l of the Charities Accounts (Scoiland) Regulations 2006 (as amended). An examination includes a review ot the accounting record5 kept by the harity and a cornparison of the accounts preyented with those words. It also includcs considerhlion of any unusual items or disilusures iii ihr aLLounl& and 5¢¢k5 explanations fruwn the Irustees LOTr[1[1g SULh mAtters. The procedures undertaken do nnt provide 011 the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by ihe ac¢ounls. IndependeD¢ Examlner'8 Statement In the ¢ours¢ of my examination, no matter has come to rny attention which gives me reasonable c&use lo believe that in any malerial respect Ihe r¢quir¢m¢nls'. ro keep accounting records in accordance with S¢clion 44(1) (8) of th¢ 2005 Acl and R¢gulation 4 of the 2006 Accounts Regulations (as amended), and to prepare accounts which accord with the accounting reeords and comply with Regulation 9 of the 2006 Accounts Re8ulations (as amended) have not been mel. or lo which. in my opinion, artenlion should be drawn in order to enable a proper und¢rslandin8 of the accoiint8 to he reached. Managing Direetor Inne5 & Partners Limi¢ Chartered Certified Accountants Innes House 18 Shaitps BLisiness Park Houstoun Road Livingston EH54 5FD Date: .. 2024 Page 4 l+P Innes & Partners Chartered Certified Accountsnts
Cornton Baptist Church Receipts and Payments Account For th¢ vcar ended 31 Dc¢¢mb¢r 2023 Notes General fund Restricied funds Total 2023 Tothl 2022 Receipts Gift Aid donations Gift Aid reclaimed Offerings aiid donations Hall hire Bank interest Other income Refunds 75,001 16,284 27,806 1.735 2,058 1,710 428 1,747 76,711 16,712 29,553 1,735 2,058 65,136 16,756 18.966 281 207 9.850 132,734 9,850 136,619 TotAI receipts PgyTnents Poymenlsfor Charlldble aelivllles Gross salaries Employer Nl and Pension Pension deficit paymenis Minister expenses Youih work expen5e5 Chur¥li m¢iinlcnanLv and equipment H¥dt & Lighi Manse cncil tsx Insurance l.icence8 Telephone Weltare Aftilialions Gifts and donations Hall hire Professional fees Independ¢nt examinalion Sundry expenses Total paymentj Surplus l (D¢fJcit) for Ihe yer Transfers 3,885 101,346 51,038 4,898 51,038 4,898 51,178 5.366 2.444 1,202 2,699 2.621 741 14,280 4,614 3,095 1,680 1,018 408 2,621 741 14,280 4,614 3,095 1,68 4,990 2,923 969 302 704 3,035 10,093 1,753 418 720 3,196 104,811 (3,465) 408 153 2,920 16.680 153 2,920 12,795 3,885 2,586 792 3,898 108J95 24J39 72 2,586 792 3,898 112,433 24,186 4,038 (153) (72) (225) 424 Net increase l (decrease) in c$h for the yeir Cash balances brought forward Casb balancu ¢arri¢d forward 24,411 99,313 123,724 24,186 99.737 123,923 (3,465) 103,202 99,737 199 Page 5
Cornton Baptist Church Statement of Balances As at 31 December 2023 Notes 2023 Opening surp18 balanc¢ (Dr y¢Ar 2022 Opening (Def11) c.losing balgnee for yeAr bAlaDC¢ Closing balance Bank and cash balances 99,737 99,737 24.186 123,923 24,186 123,923 103.202 103.202 (3.465) (3.465) 99.737 99,737 Reservts Unrestricted fund.. General 123,724 99.313 Restrieted fuids: Fellowship Youth Worker Coffee mornin8 199 352 42 30 121,785 99,737 Statement of *et9 8t 31 December 2023 Property and improvements (ai cost) Gift aid r¢claim due 437,0 1 $,593 437,000 16.284 Sl4¢emenl ofii4bllliie8 at 31 December 2023 Other iax81iun Accrued expenses P¢n5ion liability 989 870 63 518 792 1,922 1,310 Approved by the TTU51ees on . a ..2024 and signed on their behalf by the undernoted: The notes on pages 7 and 8 form part of these financial statements. Page 6
Cornton Baptist Church Notes to the accounts For the year endd 31 D¢cciMbcr 2023 l. Accounting lI¢jeS Accounting convenlion The financial slalements hav¢ bLYn prepared undcr the historical cosi convention. and in accordance with the Charities Accounts (Scotland) Regulations 2006 (as amended). Bawls offinnncial stalements The financial statements have been prepar&J on a receipis and payments basis. RecelplJ and Paynrnls Account For the purpose of the Receipts and Payments Account as shown on page 5, funds are defined as follows.. Unre$trActed fund: comprise grants and other incom¢ rec¢iv¢d for th¢ objects of th¢ Church without further specified purrK)s¢ and are available as general funds. ResirlLted fund%: compri?i¢ in¢vm¢ which has been r¢ceivd for th¢ objtxls uf lh¢ ihurih and SpLfied for a Teslri¢t¢d purpose within these objects by the donor. 2 Tran$t)S wlth Trnstees and reimburserncnt of expens Expenses of £6.214 (2022.. £5,799) were reimbursed to 4 (2022= 4) Trustees during the year ending 31 December 2023. Gross salary payments to the Minister (who is also 8 Trustee) in the year were £35.002 (2022: £32,225) and employer pension pa)Tn¢nt5 w¢re £4,069 {2022.. £3.863). 3. Staff numbers 2023 2022 Gross salari¢s Employers pension contributions 51,038 4,898 55,936 51,178 5,366 56,544 Thc &v¢ra8¢ fbumber of employees during the year wa5 2 (2022: 2). 4. DonAtiOD8 A Trd gifts Total donations and gifts in the year for th¢ support of missionaries and other organisations.. Gellernl Restricted fund funds Totsl 2023 Total 2022 In51iluiions.' Ukraine Tek Ura (st'ip) BMS 3.885 5.000 2.200 2,180 1,600 1,100 600 550 550 500 300 200 2.200 2.180 1,600 1.100 600 550 550 500 300 200 2.893 2.400 1,200 600 600 300 Navigator5 CAP Start Up Stirling Fri¢nds' Inlwndliunal Stirling Street Pastors Mission International Stirling Int¢rfaith Elgin Baptist Church Navi8ltors - Uknain¢ Appeal Scottish Bible Society Stirling lJniv¢rsity Christian Union Individuals.. Donations (2023: 1 individual): {2022'. 2 individuals) 300 200 500 350 200 1,900 12,795 ,900 16,680 550 3,885 10,093 Page 7
Cornton Baptist Church Notes to the accounts For the year ended J l D&ember 2023 5. Unregtrict fund Bthlanee t 01.01.23 B41anee at 31.12.23 Income Expenditure Transf¢r4 Generdl fund l i2,7i4 {108,i95) 72 123,724 Total unTC5tricted nd 99,313 132.734 (108,395) 72 123,724 Explangilon offHNds Geveralftsnd cncompasse5 all income and eXpdIture r¢laling to t] prim¢lry fo¢LLS aciiviti&s of thc charity, oih¢r than those foT which fjjndino is desi2n8led or restrict. 6. RtStrlcted thnds Baln¢e #t 1.01.23 BAlgn¢¢ a¢ 31.12.23 Income Expendl¢ure Tr•nsf¢t7 Youth Workcr nd Fcllowship fui Third party donalion$ Coffee tTh)rnin8 Totsl reytriaed fvnds 42 352 (42) {153) 13.885) 199 3,885 30 (30) (721 424 3.885 (4.038) 199 Eyplqnqtlou offmnds Fellowshlpfynd is used to help those in neuj in the (x)ngregalion aMi local cornrnunity. Youih Workerfund has been set up to nd the Youth and Community Worker. Thirdparty donL71ioN,ffvnd is used for donations collected for thijd pArti&8. Coffee morningfund is used for a weekly community coffee morning, donations from which are distributed to variuu¥ b¢n¢fi¢iaries. Page 8