If KINGSPARK BAiYnsT CHURCH (Charity Number- SC021235) Report and accounts YEAR ENDED 31 MARCH 2025
KINGSPARK BAPTIST CHURCH TRUSTEES REPORT The Trustees present their report and the accounts of the charity for the year to 31 March 2025. Governin8 Document The Church is a charitable religious organisation and its purposes and administrative arrangements are Set out in the constitution. Charitable Purposes The purposes. as set out in the constitution. are the advancement of the Christian faith. Review of Business Tho annual accounts show a deficit for the year of £3599.99. During the year £6990 was spent on a new boiler and repairs to fire doors and the front pathwav. The church continues to enjoy God's blessing and acknowledges His goodness in many ways including finance, and trusts in Him for the f uture. Reserves li is not the policy of the church to accumulate funds but to spend them wisely. and as God leads each year in evangelism, teaching. carc. fellowship and worship. It is the church's aim to allow each individual to fulf ill their God given purpose, and those outside Hi5 kin8dom to be reached with the message of salvation in Christ. To this end moneys are expended in the local community, across Scotland and abroad via various Christian organisations. The church tithes its intome annually. as a minimum. by way of gifts in this way. The trustees consider that the individual funds balances will enable the church to continue as Usual in the forthcoming year and 5UPPOrt its plans. Future Developments There are no specific development plans In place at this time. Miscellaneous Following the church's agreement to a change in the status of the pastor from 'full-time' to 'part-time' towards the end of 2022, Rev. Collins has continued in his position with Bethany Trust (also part-time). The church finances continue to benefit from this arrangement as can be seen in the receipts and payments account for the year. pa8e 2
Trustees The trustees who served durin8 the year were as follows.. All the trustees are appointed by the members at the annual general meeting. Other Administrative information Contart address 546 Castlemilk Road. Croftfoot. Glasgow. G44 5LZ. Bankers Clydesdale Bank PLC - Virgin Money, 21 Kilmarnock Road, Glasgow, G413YW. Sollcltors Diakoneo Legal Services Limited. 48 Speirs Wharf, Glasgow. G4 9TH Approved by the Trustees on 29th April 2025 and signed on their behalf by page 3
KINGSPARK BAPTIST CHURCH RECEIPTS AND PAYMENTS ACCOUNT YEAR ENDED 31 MARCH 2025 Unrestricted Funds Designated Total Funds 2025 Total Funds 2024 General Recovery Oasis Receipts Offerings Gift Aid - Ordinary Tax recovery Donations 12225.23 9168.92 6718.05 6678.10 12225.23 18554.45 9168.92 9781.38 6718.05 6275.19 6678.10 8411.00 34790.30 1210.69 36000.99 0.00 34790.30 43022.02 1210.69 516.52 Interest o.IXJ 36000.99 43538.54 Payments Pastoral and pulpit supply 18723.24 0.00 18723.24 17495.87 Fellowsh ip expenses 242.91 0.00 242.91 372.50 Buildings church expenses church maint. 5543.61 5543.61 7196.54 2903.05 2839.35 0.00 0.00 0.00 15643.20 9360.73 6506.38 Is.00 7196.54 2903.05 0.00 manse expenses manse maint. 15643.20 Outreach and training 0.00 0.00 0.00 Administration 766.13 766.13 680.30 Gifts 4225.50 0.00 4225.50 3968.25 Church and community needs 0.00 0.00 0.00 Mission support Total payments 0.00 0.00 39600.98 31877.65 39600.98 NET SURPLUSIIDEFICITI FOR YEAR TRANSFERS NET SURPLUS/(DEFICIT} FOR YEAR AFTER TRANSFERS -3599.99 0.00 -3599.99 11660.89 0.00 0.00 0.00 0.00 .3599.99 0.00 -3599.99 11660.89 page 4
KINGSPARK BAPTIST CHURCH STATEMENT OF BALANCES AS AT 31 MARCH 2025 Notes 31.03.25 31.03.24 FIXED ASSETS Church Building 2LXIOO.IX) 20000.00 2CKIOO.(K) 20000.00 CURRENT ASSETS Bank balances at starl of year Surplus/lDeficitl f rom receipts and poyments account 33830.54 22169.65 -3599.99 11660.89 Bank balances at end of year 30230.55 33830,54 Approved by the trustees on 29th April 2025 and si8ned on thelr behalf by.. page 5
KINGSPARK BAPTIST CHURCH NOTE5 ON THE ACCOUNTS YEAR ENDED 31 MARCH 2025 l. Accounting policles Thp accounts have been prepared in accordancp wilh thp. tp.rms of thp Charities and Truslee Investment (Scotland) Act 2005 and the Charities Account5 (Scotlandl Regulations 2006. 2. Fixed assets Church Total At 31 March 2025 200(MJ 20(J)O At 31 March 2014 20(K)O The church buildinR was valued by the trustees in 2004. 3. Funds General Day lo day Iransactlons Designated - Recovery Set aside to be used for the support of people in the comrnunitv, particularly those in recovery f rom. or connected to those affected bv addiction of one sort or another. Designated 03SIS Sei up to enable gifts to be received for use in connection wilh thp. 035is cafp ope.ratpd by the church. 4. Trustees was appointed J trustee in June 2024, and as pastor of the church received rtiiibilLIU&lQli of £l)750 during the year12024 £15(J)OP. No trLJStee received any expenses during the year12024 £01. page 6
IrKlependent Examiner's Report to the Trustees of Kin8spark Baptist Church I report on the accounts of the charity for the year ended 31 March 2025 which are set out on paees I to 6. Respective responsiblllties of trustees and examiner The charity's trustpps are re£ponsiblp fclr the prpparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2QK15 and the Charities Accounts (Scotlandl Regulations 2006. The charity trustees con51der that the audit requirement of Regulation 10 (l>ldl of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44111(c} of the Act and to State whether particular matters have come to my attention. Basi5 of independent examiner'5 Statement My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotlandl Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with these records. It also includes consideration of any unusual items or disclosures in the accounts. and seeks explanations from the trustee5 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 Ihe account5. Independent examiner's statement In the course of my examination. no matter has come to my attention which gives me reasonable cause to believe that in any material aspect the fequirements- lal to keep accounting records in accordance with section 4411}la) of the 25 Att and Regulation 4 of the 2(KJ6 Accounts Regulations. anfl (bl to prepare account5 which accord with the accounting records and comply wilh Regulation 9 of the 2(X)6 Accounts Regulations have not been met. or 2_ to which, in my opinion, attention should be drawn in order to enable a proper understandin of the accounts to be reached. Pa8e 7