Mosspark Baptist Church Financial Statemcnts Ycar Ended 31 December 2024 Scotlish Charity No. SC021254 Moss ark Ba tist Church Contents of the Financial Statements for the year ended 31 December 2024 Pages Church Information Report of the Trustee5 Report of the Independent Examiner Statement of Financial Activities 10 Balance Sheet Notes lo the Financial Statements 12-20 Moss ark Ba tist Church Church Inloiniation t-or the year ended 31 December 2024 Principal Adross and ().%CR Contact Add￿.￿8 Mosspark Baptist Churth 155 Co￿￿h111 Road G52 IPG Web Site: H'Ww'.mossparkbaptis￿hurch.0rg Bankers B￿lk ofscoiland 22 lo Paisley RO￿ W¢st li1&5gow ti5q 35J Soliciturs Mitchells Robcrton George Ilouse i6 1 I￿￿¥t[ Sirtei GIw>CTrOW GI 2AD Moss ai'k Ba tist Church Trustees, Anniial Report fortlie yearended 31 December 2024 The Tru4¢¢S ar¢ pl¢as¢d to prcscni their report and financial statements for ihe year ended 31 Dcccmber 2024. Si8tus of ChArilv gtid Governin£ Doeumtnt M055park ljclptist Cliurch {"the ¢huTch"} 15 CStabli5hcd by Con51itulion and F5 a ScoNish Charity, Number SC021254. Siruclure, GDveriiance M#nagemtnt During Ihc )'cllr under rc%'iew Mosspark Baplisi Church made preparalion5 for the transfer of its opei-atioiis My C.Iiur¢li charil). regi4¢r¢d Scotland (SC0482531. li is aniicipaied Ihat Ihis will be completed during ilie financial year 10 31 December 201.5. Indutiion and training of I'rustee5 Nlcw "I'ri1￿LL5 undcr40 an indiicliotl day lo brief Ihem their le8al obligatiork5 under charity law, the cothtLiil of the consi11￿tIon dJ)d d¢¢i*ii>n-Illdkiiib proLes& They will meet kev employees. Tru5tC¢5 ar¢ encouraged io attend ¢xternal training events ivhere ihese ￿.111 be of bentfil io Iheir role. Organlsatlviial 5truclure I)¢¢i%i.'IiiK l( Iliiliiig aspecis of Ihe woik ihat have a vital impaci are made b!. the Board of Trumees. in his rolc lis Pclstoi". is responsible for ol'crseeing th¢ Ctharsty 5 work on a da} 10 bLi4iS lÉiki Ilie necessary action io implenieni Board decisions. Th¢ Board of Tw51Lx4 oi'diiiarily. meel two times in each calendar year. Reiiiuneration of Ilie key personnel is approved by the Irustccs and 15 reviewed annually and normally adjusted in accordance wilh average earnings. "rhe tru#ees benchmark the Le). persvnnel pay ag4in%i pay lei'els in other charities of a similar size and aciivity lo ensure Ihai thc reTnunetation sei is fair and Objcctii'e5 and Activitits Tlie chaiily IrL151ees believe IIiL)' li(ivc coiiiplied willi their dul), lo have due regard tn Public Benefit guidaiice and has iaken accoui)l of il in planning fuiure aciii'iiiek How our activities deliver public benefit In the y¢ar undcr rc¥iciv. Ihe actiYilie5 of Mos5park Baptist LThurch continue io focus on specific. identifiable sections of the public. The primar). beneficiarie5 are those seeking spiritual or pastoral C8TC. invesiibrating (h¢ Chrsslidn faith or developing ihtir jvutney in Ihe CThrisiian faiih. Oiher beiieficiaTies includc faniilLC5 of individua15 iyho atlcnd thc Yariou5 mini51ri¢s and scrvices in the Church building. ¢ommunilir5 in whirh Ihr chic ril>. ￿"OrkS 11 nd thc ¥¢ncral public M,ho reap tlie bcn¢fit of our work. The local services of Mosspark Ilapiim Church are open to all people regardless of colour. gender. able or T¢lig?ion. It is generally recognised thai Ihe major problems in the UK affecting people include poverty, housing, edu¢aiion. anti-social bchal'iour and i?ddiciions. -lThe ¢onsequen¢es of th is for society are many. Wiihin tliis environmeiii man), are searching for direction. truih and purpos¢ for their life. Mos5park Baplisl Church ii'orks i%iih children and }'oung peoplo as well as people of all agjes ui lis prei'eiiiioji and iiilerveiitioii activitics and hopes to help others find spiiitual mcaning and purposc in a ￿Orld that is often coiiipleK to navigat¢. 'I'he scope of a¢tiYiti¢s thar Mos5park Ilapti5t Church is ab]e to engage in lo fulfil its objectives is obvioiLsI5, limited by its available resources. 11014'ever. li is clear thai ihere is enornious public b¢n¢fit in the eharily carr)'in¥ oul its ac(iviii¢s (D dLhieve lis ￿aled objeciives. Moss Trustees, Annual Report {conLinued) forthe yearended 31 tkcember 2024 ark Ba tist Church Aehitvemenls Ani5 Performlnte Ensuring our work achieves our ()ur aiii)& nhjiilii and a¢iii'ilie.s ar¢ r¢i,1¢￿'¢d ai our regulaT m¢¢ling5 of lh¢ Ibadors and &)aTd of "frusiLL& "I"hLse rLviLiYs cover tver). aspect of Ihe chafii) s M'ork and help us ¢n5urc our aim& obJLLIIVL￿ aiid aili% iiies remain tocused on our ￿ated purpos ThL tk)ard ol. TrtstslLL￿ LoniinuL Ii) rcl). upon ihe guidancc eoniained in the OITLCC Ot-lhe %collish Chdriiy RL'gulalur s IOSCRI gLllLTdl guidancc publiL bLnLfii MhLn rei'iciling our aims and objectii'¢s and in planning Our future aclii ilic5. In patliLular. IhL Tru51ces consider holi plannLYi acllVlllCS Ii'ill conlrihuie lo th¢ Jitns and obj¢cliYes ronlained in the Trust tkcd. 'rh¢ objectives ofih¢ ch?ril)' ar¢ xhiei'ed ihrough oulreach ￿Ork. Thurch scTYitts and mittl￿ri¢S and in oihcT appropriate Mays. PtrformAthte P+1tA511ttS.' Mosspark. Bapiim Church mini￿rI. programs arc succc55ful in helping indii idiidls in mdn) si¥nilicani and. indecd. life changing i%'a)'& We tnwre Ihis b). J55essithg key perfi)rtllJnLL 5ndicalors IKP151 Ihai iiL coIILei. anal}sL. and rLPOn. P¢rfortnance indicators help Mo5spark BapiiM Church ptomote spiriiual and p351oral care to m¢tnbers and oihLrs in ihL iiider communil).. In ordcr lo do this Ihc Tiusiees rcgularly COn￿der Ihc folloii'ing ￿￿￿TeS in order to dci'eiop an approach to TllC35uring pcrfoittLaTrcc of Mosspark Bap11￿ CThuTch dcliveT)' of rdre oiheT& Structural Nle45ures'. %irucluraJ quality measurcs refer ￿ ihc feaiurcs of MosspaTk Bap11￿ Cknur¢h ih d¢l¢T41in¢ ils capacil}' io provide 5pirilual care. such as Ihe ¢xl￿ene¢ of an ckclroniL rLxi)rds s)'51etn 01 the raiio of pa510ral care and 5upporl lo mcrnbc15 aiiending across all oui ministrit Pro¢ess ￿leAsUre5.. Process measures ar¢ u%d 10 35%S5 hoi% m.cll 5pirilual and pastoral carc is proi'idcd 10 an iiidividual or SOLicial group. Th(￿ rccotnJncTrdalio￿5 ar¢ ba￿d on re*8rch evid¢ncc or Lonsensus IhL I'ILiiS of L'ipL¥rls Iihcn ihL research ci'idencc is lacking or inctsnelusi%"el regarding Ihc pruhdbilil) lh￿1 PToYiding pariieular seri'ices ii'ill achici'c ihc dc5ircd outhmes. (ien¢r?11}-. pruLess ]llL'a%ures are cxprc*sed a5 ralcs. iiiih Ihe denominaior dcfining a population Ihal is olinieresi becau5C i)r ils d¢mographic an(1 clinical rondiliott. and IhL numeraior dclining the wbgroup reccii'ing 5p¢rifi rvic¢5. Proce&% measuTes arL particularly imponani in ihe d¢i'¢loptn¢nl of petformancc meawre5 because ihcy can bL USL'd 10 idLniil) SPL'LifiL arcas of 5pirilual or p351oral caT¢ ihal ma). nced improi'¢m¢tsi. For exampl¢. if critn¢ or antiRorial bL'haiiour is increasing in ihe commuTril!' arnongsi )'oung people. addilioiial spliilic iouih groups or ¢venls Luuld be iniiiaied in an erroTI ￿ ro¢rFt ihc irend. It- il is idLniifiLd Ihai indii'iduals arL ￿rUgglIng i4.iih debt. dcprc55ioTr or similar isslles li may b¢ necc55aTN' 10 L)ffLr pdrliLular diSLipILship CUUTXS. MoTCOI'cr. lh¢ data to calculate mea￿r¢S ofien can h obiain¢d as part of ?dminislrali*e data S).￿eM Ihai includes infornialiov OD m¢tnbLYs' daics and i)'p¢s of. and f 3 for Tru51eLhhip. Prior io Iheir appoinimeni. 'ffuMee% ii.ould bc aLiii'L mLmbLfs ol- Ilic church .ho i¥nuld hai'¢ Krvcd the churLh for WML iimL in i'arioiis role5 and h¢ fatniliar iiiih ihc Lhtsrch s ialiiLk its ai111s and objiYliv¢s a5 %4'cII as it5 da!.lo-da)- operdiion& As part ofihcir induction progr3tllTnc. nLi% TrUSiL￿'S arL TL4uirLd 10 iindeTAand Iheir Aaiulor). rcwn5ibililie Achievtmen15 and Perforrnantt l)Iiring Ihe %'¢ar. Ihc church ronlLnULd iv fLEularl)' for i%'orship i%h¢nw'¢r possible and catried uul varioiis ac11￿ IIiCS in piirsuil of Ihc alM>i ¢ slalcd aiJn& The ) Vdr coniinucd w sce man). pcoplc comc lo prolLSS IhLir ftiiih in (Thri￿ and *￿eral indii'idyals fnlloii- Ilim ihrough ilie i%*ersof bapiism. l)thcT signilicaiil highlight& events and deyelopments of noi¢ in lh¢ )'e3t iiiclud¢ lh¢ folloiiirt8: Irt Moss -IruslLLS' Annual Report (conlinued) for the year ended 31 December 2024 ark Ba tist Church Achievement5 and Performance (continued) Christ Centred l Bible Based: We strive lo remain a "Chrisl cenlred and Biblc ba%ed chiircli" and to r¢fl¢¢t ihis iviihiii oiir roinn)Iinity. Onc that Seeks to glorif>' God in all ive do and tliat wliolly einbraces th¢ Iloly Spirit. We belicye that Church Should be relevant io today's society. Our services rcfle¢l this, vitli a illixture of traditional and conlemporary worship. life-application Ica¢l)ing aiid a prograiiillic or chlircli activities that takes the love of God inlo our commuiiity. In r¢ceiit year& thc leaders l)ave ivorked diliLi¢ntly to ensur¢ ai) open and honest ei)vironm¢nt in ivhicli pcople cali encounlcr God in ivays tliat arc pcrsoiial to tliciii and ivitli a lifc changing impact upon them. So. wc are a cliurch iii its tim¢ ai)d for its tiine, wliilst flilly believiiig iii the perinanent and unchanging message of tlie Bible. Worship: Tlie worship at MBC is vital and contemporary and our church continues to strive lo be a divelliiik pla¢e for G()d throiigh our praise and ivorship. so thal he abides in us ai)d ¢oiitinLies to iiiovc freely. The iiior¢ w¢ spend time ivitli God the more ive knom, hii)) aiid love Iiiin. And it's tliroiigli tl)al d¢cp Pa￿1077 and lovc for God Ihal you cannot help but ivorsliip. So il goes back to spcnding Inore tiine as a cliiircli iii the Word of God ai Biblc study. small groups ond prayer meeliiigs thal encourages a hearl of worsliip. Women's Ministry: SIJE coi)tiiiiies to be an inspiring and uplifting ministry, that alloivs ivomen of all ages lo cxplore the meai)ing of lif¢, Ih¢ir piirpose, deepen and develop their rclaiions]i ip wilh Christ. It lias beeii a great success since ils launch. The Gift.. Tlie Gift ivomen's ministry 15 an excellent cvenls miniary for ivom¢n. Tliere were a nuiiiber of events Iliroughoiit the year ivith ihe main eveiit. The Ladic5 Confereiice 2024. 1)¢ld in the soiitli wcst or Scotland ivhi¢h ivas a great Sliccess. A lol of time and effort iitnt iiito preparing ai?d planiiiiig for tliis eveiil ai)d there iverc a rccord nuinber of attendees. Sllnday Club: Streetsvise on Suiiday, Scarchers and Bible Class= Thank you lo all thc lea¢hers wlio faitlifu Ily s¢rv¢ within Sunday Club. as ivitliout thcir commilment and dedicalion ive ivoiild iiot be able io vperale a ¢liib at all. It is also Ivorth saying that ive consider it an immens¢ privilege tliat parenls entriist tlieir children Io us cach week. It will alivays be oiir fociis lo keep Jesus at the centre of cvcryihing tliat we teach the ¢hildreii Ivliilsl ¢ii¢ouragiiiLi tliein to accept Him into thcir lives and have a per￿nal relalioi)sliip iviih Him. As t¢achcrs iv¢ acknowledge illat il is important that if ive are out teacliing w¢ all¢nd ai least one oili¢r weekly service to ellsiirc Iliat ive are spiritually coniiected ivitli others iii tlie Churcl). We ¥vill a150 conliiiiie organising training for our leachcrs in the coming year in both tcaching teclliiique￿5kIIIs ai)d also ch ild protcclion. Men's ministry: The piirpose of Ihc men's miiiistry is to bring the men of the cliiirch togetlier in fLIIoi¥'ship iii ord¢r lo improve aiid strengthen rclalionships iviih the piirposc of Ineii ideiitifyii)g Ilieir oivii iii iiiistries and contribiition 10 the churcli. Moss Trustees, Annual Report (continued) forihe year ended 31 Deceinber 2024 ark Ba tist Church Achievements and Performance {conlinued) Oth¢r ¢hur¢li aclivilies include the folloiving: Held each Friday evening, 'ACTIVATE" and DELI'A youth groups ¢ontinue to attract over l 00 cliildren and yoiing people witli a packed programtlle involving niusic, sporl, Bible teaching aiid pcrforlning arts. I'li¢ F.asler and Summer Holiday Clubs iii 20?4 Ivere agaiii greal sucesses with oulreacli to over l 00 sigi)ed LIP to participatc. Acivitics involycd kayaking. canocing, cycling, arts aiid crafts aiid trips to Vii i)r IhL" nci11 slaleniLrils i)lL￿.￿IL.d li ith Iliose rceords. li also InclLid¢s a ¢on%id¢raiioJ) of ani. Ill￿p1}ell11eDt Eixminer's SIHltiiietht Iii Ilie Ltsiirsc of nil- el￿71￿7111￿1lO17. 110 ti)ati¢r ha5 Cotne l() ni% aii¢iiiii)ti i¥liicli Lll'LS ni¢ T￿501147b1e caus¢ iLi ￿lie¥e In iliaL ani material rc5pccI ihe reqlli￿lIi￿Il4. to kLep ¢lCiTrlll)ijncr TeCnTJ5 in aceordaiici i%iih SLiliiiii 44 11 I lal (If th¢¥ ?OUS ,Ici 2L RLbJuIILliOlI 4 DI'IIK )(K)6 .Iccoi]iiis lie¥ulaiiorJs. (Trnd Moss ark Ba tist Church Statement of Financial Activities f()i' Ilicyear L?iidL'gl 31 Dc'c'c'iiibc'r 2024 De5iEn4ted Ile51rirt Trmnds 2024 202J Gtmernl Total In¢ome from: roiii geiiériiied Fiilirfs 88.461 88,461 127.735 Ch￿l￿bI¢ ￿tiN.111£S (hhLT trading ￿1%.1(1￿$ 16.552 8.270 -rola1 income 105,013 136.005 xpedithre on: Chariiable ALlii-ili(5 109.116 12.86R 121,984 99.702 Total exi)ethditurt 109,116 12.868 121.984 99.702 Nel surplu5 brfore 1rall5fe￿ bttwytn funds {4.1031 112.8681 116,9711 30.303 Tr4n51￿5 b￿15"CL￿ lunds N¢t movement In funds 14.1031 112.8681 116,9711 -16..l(1.I Ke(onoilialion ol tun¢15 Tolal fund5 brO￿ght fon¥*d 110.950 392.034 26,630 5Z9,614 493.311 Tol%1 carriNI forward 106.847 J79.166 26,630 5l2,64J 529.614 St.￿eML￿1 Of Finanriai Adii'itif5 includLS all gain5 low in ihc y￿. All inLx>mc and ￿PL￿diture dLrrii'C frorn CK)nlinuin¥ Thc NoiLS on pa8ts 10 10 19 forni an iniLTtal ofihw finanual s¢atTrn¢*i 10 Moss ark Ba tist Church Balance Sheet at 31 December 2024 2024 202J Fix¢d A$5els l angiible FiNd Assets 427,836 440,7U4 Current Assets DL*>to Cash ￿ bank 3md in h￿d 12 14.250 75.786 869 94.055 94,924 Crtxlitor5: Amounls falling duc i'iiliiii onL YLY IJ 5.229 6.014 Net CM rrenl Asse¢s 84.￿7 88.910 Net A55eL% 512,613 q29,614 Repr￿L'￿tlY1 b).: Lliire$irlcied Fund.f (icncral F und Ehiyatcd Propcrty Fund Rairicl¢d Fuiids 18 18 19 106.PA7 379,166 26,030 110,950 392.034 26,630 512,643 29.614 ThL IIiixiiii&il sl&ilLY)IL'JllS oil pages 8 to 19 ￿tTe apwoved bj, Ihe Twst¢¢s on 17 Auousi 2025 and signth on ihcir IK.h¢ilf b￿. thc undemoied: The Notes on pages 10 to 19 fonn ￿ iniegrnl m of i￿￿e finwcid siaemenis Moss ark Ba tist Church Notes lo the Financial Statements for the year ended 31 December ?024 l. Accoun ting Policies Accounting Convention The financial statement5 are prepared under the historic cost conveniion ivi(h iiems recognised al cosl or transaction value Linless oihcrivise staled in the relevani Noies to these financial stateineiits. The fins specified by ihe donor. l.$. Other trading actii'ities IncoDic froiii oil)er trading activities includes income earned from both tradinLT aCtivitiCS to raise fund5 for the charity and incoine from fundraising cven15 and is rccognised ivhen tlie cliarity has entitlement to the flind& it is probable that these will be received and the amounts can be measured reliably. 12 Moss ark Ba tist Church Notes to thL' FindllLial Statements for Ihe year ended 31 Decembcr 2024 1.6. EAptnditure Regocognilion Liabilities are recognised a5 expenditure as soon as there is a legal or conslruclive obligatioii comiiiitting thc charity to that expenditure. it 15 probable thai seltlcmeni will be rcquired and the amount of the obligation can be measured or estimated reliably. Liabilitics are rneasuied on reco¥niiion at hisioiical cost and then subsequently measured at the best estiinale of the amount required to settle the obligation at the reporting dale. All expendiiure is accounted for on an accruals basis. All expenses including 51JPPOrt costs and governance cost5 are allocated or apportioned io the applicable expenditure heading& Further information on the basis of allocatioll 15 provided below. 1.7. Expendilure on Charitable acliviti¢s Expenditure on charitable activitie5 includes all costs incurred by the charit) in undertaking aclivitcs that furiher it5 chaiiiable aims for ihe benefil of its beneficiarie& including those support costs and costs relating to the govcrnance of the chaiily apportioned to charitable aclivitie& The costs ol charitable activites pre5cntcd in the Statement of Financial Aclivilies includes ihe costs of both direet service piovision and the payments of grant awards if applicable 1.8. Goi'ernancc tosts Goveinanee costs (which are included as a Component of support costs kn accordance with SORP) comprise all costs involving the public accouniability of the charity and it5 compliance with re&yulaiion and good practice. These costs include those related to constituttonal and Maiutory requirement5. external scriiiiny laudil or independent exaniination). siraiegic Inanagcjnent. and other legal and professional fees. 1.9. Irrecoverable VAT Irrecoverable VA T 15 charged against ihe expenditure heading for whKh il was incurred. 1.1 O. Aelivily based reporting To Coniply fiill). wilh the Sialement of Recommended Praclice would require income and expenditure to b¢ rcported by activity. The T[u￿ee5 are of the opinion thai ihe charity's a¢tivities are inter-linked which rneans that activity-based reportkng would be impractical to calculaie and ii'ould provide no additional benefit lo the users of these fianancial statemenls. Therfore, no furiher analysis of inconie and expenditure is provided within Ihese financial stateinent5. . I l. Tangible fixed 4ssets The church land is slated at the Trustee￿ estimale of market value. No depreciation is charged on the land. The chuich building is Stated at cost. Following ils completion duiins. 2003, depreeiation has been provided on the church building al the annual rale of 2 /0. slraight line. During 2013. a review of the mark'et value of ihe church building ivas undertaken and il was found to be considerably less thon the carrying value in the financial 5talemeni& This resultcd in an impairment charge in the financial slateinents. Froni 2014. depreciation has been provided ai Ihe annual rate of 20/0 of the market value at December 2013 less any disposals. The church manse and flat are also being deprccialed ai 2 /0 per aniium. D¢prectalion is provided at the following annual rates in order to wrtlo off each a55ei over its estimaled Church furniture Motor Vehicles Equipnienl i 01)/ty Straight line 20 /0 ￿raight lin¢ 200/0 Straibhi line The church's policy is to capitalise only items of expenditure exceeding £l.000. 13 Moss ark Ba tist Church Notes to the Financial Statements for the year ended 31 December 2024 1.12. Debtors Debtors are measured at their recoverable amount& being the amount the cliarity anlicipal¢s il ivill receive iii settleineiit of tlie debt. Pr¢paymenls art¢ valued al the amount prepaid at tlie reporliiig dale. 1.13. Creililors Creditors are recogiii5ed ivhere the cliarity has a present obligation resulting from a past ¢venl Il)at will probably resu It in Il)e traiisfer of an econoinic beiiefit geiierallj. in ihe forin of a cash payinenl - lo a tliird party and the ainount due to setile the obligation can be measured or estimated reliably. 1.14. Pen5ion5 Tl)e pension costs charged in the financial statetllents represents the contributioii payable by tlie cliurcli diiriiiby ilie year. 14 Moss ark Ba tist Church Noles lo ihe Financial Stalein¢nls for ihe l'ear Lnded 31 DeceTnber 2024 I'•ryAlriclrd Funds TotAI 2024 Notts 2023 Donations Upcn ()Il¢wngs I%)n￿lI)n5 h). (illl Ai I'&¥ nxloim ()Ti (iiil Aiil CJift8 for di5bur5emLlIt Grthi Inioin¢ (XhLY Jundli(K15 I8.￿1 5X.683 1.7J7 18.041 5¥.6¥3 7¥.165 88.461 88,461 127.735 Charilable aclivlties y￿￿1h fvlinislry ollier lrnding atliYill¢s HJI hirl ￿l11a1 iMiimL 1(Tr.55• 8.27(> 16.552 8.270 Costs of charilable activiti*s L￿￿1 MinisiriL* ￿1￿1.(..￿*t5 l.(Kal ￿lin1.￿1n￿* - (Ahu t)irL*I Co515 N4ional and ￿.(15¢￿$ IlinisLriL P¥tbP<)t> and K¢5QUt 52.519 2_1,111 52.519 23.811 43.748 32.286 5¢M) 12.868 45.154 500 4(i.CI02 500 I1￿,1]6 12.168 121.984 99.702 StatTCosts F.xpensts 2024 2U23 Reniun¢ration 47.571 38,8(M) Pl￿s1On 4.948 4,948 52.519 43.74¥ 4.3.74% I"hL &l'Lf4TrL numiKY i)r during Lhe lia5 3 12023 - 21 [nLIudL￿ %￿lIhil] uli*its 1% *)ioiuiI QI-£22.(KKI12023- £210(Xll paid li Ni) L7nplo)'tL rniTII'LNJ rLlnUnLTthllln C)fmiTrTr' ihan £60.IM IlurinL) Ihe )'LV. 15 Moss ark Ba tist Church Notes to the Financial Statements for the year ended 31 December 2024 nr¢FtTirttd Trunds 2024 Toi*l 2023 tntrdl LOCAI minislries Educ&ion Evangeli5tn Fellowship oxpen5e5 Youth epen5¢5 F2mily Support Iloliday 2024 Holiday Club exrthses Telephone Sl￿10nery, printing and magazinLs Sundry Coniputer, Sound and vision Motor and travel expen5C5 Training Cenienary Dinner Copyright Licen¢e Holiday Hunger 926 8.8¢XI 480 926 8,890 480 884 348 929 225 150 3,248 224 1.201 3,061 2.045 2,432 929 22.5 220 237 3.503 1,627 539 1.494 3,248 224 1.201 3,061 2,04.$ 2,432 23.811 23,811 8,852 National And ower5Va5 ministrles Grdnts and Gifts 1,I'cJle 161 Proptity and Tesourre5 Council "faK Vater r*es Rthi I,.Y'oie 141 maIntL￿an￿, repai15 and cloning Flu expen5CS Ileat and light Insurnncr Payroll f Deprecialion IGainyLoss di5￿>SaI Professional fc£s 3.806 2.058 3.806 3,705 3,545 3,421 2.239 17.803 2,324 3.421 2.239 17.803 2,324 600 12.868 1,888 2,375 2,081 600 14,259 12.868 35 35 35 32.286 12.868 46,602 io. Inllependtnt E%*miNerfs Remuntlxlioth Independ£llt Examin*ion 51XI 5(K> 500 S￿1 500 16 Moss ark Ba tist Church Notes to the Financial Statements for the year ended 31 Deceinber 2024 I l. Tangiblc Fised Assels 1-h￿reh Trurniturc Propert l ¢bitle F.qULpment co.sl/vuliiolioii At l Jaiiilary 2024 Additions Di5P05als 693.352 16,264 45,555 39.810 794,981 At 31 Def¢mber 2024 693,352 11261 39.810 794.981 Depre¢iullllll At l January 2024 C harge for ycar Eliminated on di5posa15 252.648 12.868 1(261 45,555 39,810 354,277 12,868 Ai 31 Decernber 2024 265,516 16.261 39,810 367.14.S 'd Book V4liie At 31 Deceniber 2024 427,836 427,836 Ai 31 D&EmbLT 2023 440.704 440,704 Heriiable propffiy comprists the following= Valugtion (from the y￿r endLyJ 31 Dewnlv 1998) Land - 155 Corkffhill Ro*l. Glasgow 50.(M>O Cost c.hurch bLiildin8- 155 Corkerhill Ro￿. Glasgow Expenditurc to 31 D£rfmber 2003 Disposals to 31 Ikrtmber 2014 Additions to 31 Decanber 2024 557.058 (360.449) 327.673 $24.282 Flat - 871 Mosspark Drive, Glasgow Addition5 to 31 DffembEr 2015 70.400 F la - 94 Housthillwo(￿ CTrs¢th1, Glasgow Additions to 31 Decanbtr 2024 48.670 TolAI c05VvalualioN al JI IKYember 2024 69J.352 17 Moss ark Ba tist ChLirch Notes lo the Financial Statements for the year ended 31 December 2024 11 Del)l(brs: Aniounis [￿lI17￿y du¢ wiihin ye 2024 2023 Income tax Tecoverable 11.737 587 282 Oihtr dLbtor 613 14.250 869 i J. Credito￿. Amounis falling due wiihin one y 2024 21)23 Other T￿X￿ and Social S￿￿niY Pension C￿litOr OtlTrcr Crcdilors Accmals 697 4.586 5.317 5,229 6.014 14. TrL151et5' RtmuNeratÉon Rel&tcd PaTly Transadion5 The Tiust￿5 ￿1ved iio rcmiincn¢iiJn Iliirint the >,£￿ l?023 _ Nil) in iheir c4Wity ￿ Truslees. lknail% of mi)iiiiLraliiiii P11 id i() Tru%lL'I n liis q)aciiy as A5515tant P*sior ￿ disclosed in Nole 6 on pabve 13. 18 Moss ark Ba tist Church Notes to the Financial Statements for the year ended 31 December 2024 15. Fund Trnn5feE5 tk$igTrAled Proprrt). tksignaied A55tls Gentrgl Fund Fund Additions to fExcd assets (motor vehicle) To Missionary Supwkrt Fund l& Grants Award During the year. g¥ifts of £nil were paid to individuals {2023 - £nil) The thurch also remiiied grn)is to chaTilie5 aT￿ Christian Org￿lS31]0￿s as follows Unrc51ricicd l.-unds Cener21 tknigD¥ted Rtstrieled 2024 2023 Evangclical Alliance Glasgow City Mission Oiiiside Chrisim&s 17. Net Assets by Fund5 (UnrLStrictLYl) Generxl Fund tk5i8nated Properly Iksignate Assets Re5tricttd ds FIAal A55rt5 379.166 379,160 Ciirreiii A.sJrts Cash ￿ bank and in hamd Debtors Ciirreiii Liohililief Ctrdito 49.156 14.250 26.630 74,786 (5.229) (5,229) Assets S8.177 379.166 26,630 463.973 19 Moss ark Ba tist Church Notes to the Financial Statements for the year ended 31 December 2024 18. Unre51ricled funds BalarKc 01.01.23 IrKDming RcsourL% resounxs expjd B8lance at 31.12.23 T￿SferS Cjtheral Fund 110.950 105.013 106,847 De51giioierffiiiifl5.' Assds Fund Prop¢rty Fund Gifts Fund 392.034 112.8681 379,166 Tota] tk5ignated Funds 392.034 112.8681 379.166 Total Unrestricted Funds 502.984 105,013 1121,9841 486,013 Th¢ CJLJJIL'ial l.iiiiil encotnpas￿s all in(xTrrne ￿d expcnditUTe Tclating to the primary *ivities of the thurch, other th those for which funding is rtsiriaed or dtsignaL)I. Th¢ l)es1£i￿le(l Property Fiiikl openLYl during the YLW ￿dLY1 31 DecaTrbt¥ 2005 following the sale of the chiirch'5 fomier manse ￿ 43 Wa]kertTrum Ro&l, Glasgow. The fund may be to fin￿ ihe purcha5¢ an appropriate property and to refvrbish existing property. The Lktsixitiiie(1,155*15 Fill￿ represents ihe nd book value of ihe church's fixed whid) wollld not be r&ily Convertible into thsh. Th¢ Desig1￿led Gills l-iind reprfsfflts the [L￿1p1 of cam￿k£d gifis for flyw￿]ng to s￿lfIC charilie5 or orgajiisations. 19. Rostricied fund5 B￿ance 01.01.23 Incoming RtsourLYS rtsources exptnd(xl Balance al 31. 12.23 Tmsfers Se¢d Fund 26.630 26,630 E.Ypliiiityilf)tyi f)flunils The.See(I l-iiiiil reprL%ents gifts donation5 rffcivcd towaJds ihe esiablishmthi of nuv mknistries ivithin the thu￿h. 20. Pension Costs The church owaies a definLII coniribulion pcll5ion schfme in Tr5P￿t of ils cmplo)'ees. The sch(￿e and ils ￿se15 are held by individual managa5. The p¢n5ioth ¢h*ge fepre4enis LU)ntrhbulion5 due from the diurch which #￿t0￿nied io £4,94812013 £4.9481. 20