Registered Scottish Charity No: SC024572 Kilmarnock Gospel Trust Report of the trustees and unaudited financial statements Year ended 5 April 2026
Kilmarnock Gospel Trust Contents Pages Reference and administrative details Report of the trustees Independent examinerfs report statement of financial activities Balance sheet Notes to the financial statements 9-15
Kilmarnock Gospel Trust Report of the Trustees For the year ended 5 April 2026 Charlty name Kilmarnock Gospel Trust Registered Scottish Charity number SC024572 Trustees Andrew Lindberg Bernard Lindberg Colin Palmer Ichairl Jon Simp50n Treasurer Bernard LindborE Prlncipal address 12 Cutstraw Ruad Stewtirlori East Ayrshire KA3 5HX Independent examiner Mr W Butcher 10 The Pad(Jock Pp.rr.e.ton KAII 2AZ Bankers Royal Bank of Scotland 96 John Finnie Street Kilmarnock KAI INY Solicitors Shepherd & Wedderburn l Exchange Crescent Conference Square Edinburgh EH3 8UL Paoe11
Kilmarnock Gospel Trust Report of the Trustees For the year ended 5 April 2026 The Trustees present their report along with the financial statements of the Charity for the year ended 5 April 2026. The financial statements have been prepared in accordance with the accounting policies set out on page 9-10 and comply with the Trust Deed and applicable law. Structure, governance and management Governing document "The Charity is an unincoi"porated trijst coiistiluted by a Dood of Tr115t datod 4, April 1997, most reco.ntly amended by Oeed of Variation dated io, April 2018. The Trust was ¥egistered with the OSCR Iihe Scottish Cliarity Regulator) for Scotland on 3, February 1996 linder Registered 5cott15h Charity Number.. 5C024572. Recruitment and appolntment of new trustees Tlie names of the Trustees who served during Ilie year and since the year end are Set out on page l. None of the Tru5tee5, nor any person connected with them, received any remuneration or expenses from the Charity in the year ended 5 Aprll 202612025: £nill. The Trust operates three Gospel Halls and Trusteps are chosen from among the regular congregation of the halls. New Trustees are noinirialed by the existiiig TrLJSteL35 or by Ilie LuiILJrogatifJn arid m115t bo appointLd by uiiaiiiiviuu5 1-esululiDii ul tlie Luiigregdtioii. Tliey dl e seleLteLI dLLoiiliiid tv tlieir ski115 diid experieriie and are expected to use both in furthering the objects of the Charity. Checks are made to ensure the Trustees, eligibilily to act, and incoming Trustees are made aware of their responsibilities by the existing Trustees, who ensure that new Trustees read the Trust Deed and relevant OSCR guidance. Wider network The TrtJstee5 Tnaintain informal links with similar charitie5 Wlth a view to pooling experience considered useful in pursuing the objects of the Charity. The Charity also maintains particular links with Westwood Gospel Hall Trust, with which it shares members of its congregation. There were no donated services to or from Westwood Gospel Hall Trust during the year. Risk management The Trustees have identified and reviewed the major ri5k5 to which the Charity is exposed and confirm that they have established systems or procedures to manage and mltigate those risks. Objectives and activities Objectives and aims The charitable purposes of the Charity are the advancement of the Christian religion for the public benefit, including by the carrying on of the service of God in 3CCDrdance with the Old and New Testaments of the Holy Bible as followed by those Christians forming part of the world-wide fellowship known as the Plymouth Brethren Christian Chui'ch (the 'Brethren"l and any other charitable purposes connected with Brethren. The core doctrine of the Brethren and proper practices in furtherance of certain aspects of doctrine are summarised in two schedules to the Trust Deed. Main activities and achievements The Trust provides and maintains Gospel halls where religious meetlngs are held by the local Brethren community. Details of the origins, teachinES and way of life of the Brethren can be found on the website www. mouthbrethrenchristiarkchurch.or and in the schedules to the Trust Deed. Paqe12
Kilmarnock Gospel Trust Report of the Trustees For the year ended 5 April 2026 The Trust's main achievement this year has contlnued to be a structured appeal to the whole congregation for voluntary donations for its running expenses fund and for its capex fund,. this has been achieved through regular monthly donations enabling the Trust to meet its running costs and accumulate funds for potential future capital projects. Plans for Future Periods De5Plte the increased c05t of energy and general maintenance cost5, the tru5tee5 feel that these incredsed costs are not Significantly impacting on the ability of the charity to continue as a going concern. Meetings Meetings held al the Gospel halls include the Lord's Supper Icommunionl, Gospel preachings, Bible readings and Bible addresses. There is a structured weekly schedule of meetings and, depending on the parlicular nieetiiig, between 40 and 200 people normally attend these occasions. The meetings are attended by the regular Congregation and m05t are open to other properly disposed visitors. The notice hoard oiit51de the Halls welcome vi51tors and displays a telephone number for those seeking further information regarding times of meetings or other help. Gospel tracts, which are distribLJted by street preacher5, also display this infoftnation. Aible.s and an pxte.nsivp. range nf nihe.r f.hri£lian re.ading mate.rial are on di£p13y al thp halls and vi%itnrs arp Spreading the Gospel message and the Ilfe of a Christian The Gospel halls are a base from which the regular congregation and others who attend the meetings are encouraged to spread the Christian Gospel, in word and deed. Members of the congregation participate in a programme of street preaching and Gospel tracts are provided free of charge by the Charity to such preachers to be handed out to interested members of the public. In addition to street preachin6, members of the CDngregation work with the Rapid Relief Team in the provision of food and welfare packs at various public charitable and disaster-related events, as well as events local to the immediate community and the provision of food packs to organisations supporting persons in need. The Trustees also maintain contact with Kilmaurs Community Council with a view to identifying opportunities to provide support for local community inltiatives in the vicinity of the Trust's main meeting hall. In carrying out this work, the congregation considers itself to be living out its faith in practice, a5 particularly exemplified ir> the following extract from the schedule to the Trust Deed on living a Christian life.. We seek and are encouraged to live exemplary lives in all our relationships with others in the wider community lincluding former Brethren), in accordance with the teachings of Holy Scripture11 Tim 2.21. We regularly go out from our homes to preach on the streets, to distribute Christian literature and engage with the wider community lincluding former Brethren) in order to present eternal salvation, available to all men by faith in Jesus Christ.12 Tim 4.21. We seek as members of the public to lead Christian lives as husbands and wives, parents, children, employers, employees and neighbours. (Col 3.22-25, Col 4=11. Paqe13
Kilmarnock Gospel Trust Report of the Trustees For the year ended 5 Aprll 2026 The preservation and prOtecton of the family unit is fundamental, and children are prized a5 a blessing from God. (Psalm 127'.3-51. The elderly are valued members of the community, for whom both their family and the wider community are expected to care. Holy Scripture commands us to be good neighbours to others, and deal with all other people lincluding former Breihrenl openly, honestly and fairly and consistent with these principles, we should give OLFr time, talents and money lo asslst those in need in the wider community, in so far a5 reasonable given our abilities and our available resources. (Matt 7..12, Matt 22.'39, Eph 4'.281. Funding Funding is sought through gifts from the congregation and Gift Aid is claimed on eli8ible donation5. Funding Is sometimes received from other charitable trusts with complementary objeclivo5. Financial review Financial posltlon In the year ended 5 April 2026, the Trust had a surplu5 Df incoming resoLJrces over resources expended of £3,38812025- deficit £7,447). Total voluntary income received this year was £139,468, including gift aid, compared to £134,005 in the previous year. Reserves policv The Trustees have considered the level of reserve5 they wish to retain, appropriate to the charity's needs, based on its size and the level of its financial commitments. The Trust has no employees and its regular outgoings are minimal. Accordingly, the Trustees have decided to adopt a policy of applying surplus funds to accumulate a fund designated for future capital expenditure. The congregation is kept regularly informed as to partiCLJ13r needs for *und5, and other relevant matters and the Trustees aim to ensure that the Charity will be able to continue to fulfil it5 charitable objectives even If there is a temporary shortfall in income or unexpected expenditure, by raisinE a funds appeal to the congregation. Free reserves at the year-end were £nil12025 £nill. Statement of Trustees, responsibilltles The Trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities In Scotland the Charities and Trustee Investment (Scotlandl Act 2005, Charity Accounts Iscotlandl Regulations, as amended and the provisions of the Trust Deed require the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources, including the income and expenditure, of the Charity for that period. In preparing those financial statements, the Trustees are required to.. select suitable accounting policies and then apply them consistently obsetwe the method5 and principles in the Charities SORP IFRS 1021,. make judgements and estimates that are reasonable and prudent,. state whether applicable accounting standards have been followed, Subject to any material departures disclosed and explained in the financial statements. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. Paoe14
Kilmarnock Gospel Trust Report of the Trustees For the year ended 5 Aprll 2026 The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable them lo ensure that the financial statements comply with the Charities and Trustee Investment (Scotlandl Act 2005, the Charity IAccounts and Reports) Regulation5 and the provisions of Ilie Trust Deed. They are also re.5ponsible for safeguarding the assets uf the. c.harity and hence for taking reasonable Steps for the preveiition and deteclion of fraud and other irregularities. All transartions havp bp.pn reviewed and approve.d by two trustees. On beh¢Jlf of the Board.. Colin Palmer Trustee Date.. 29, July 2026 Palle15
Kllmarnock Gospel Trust Independent examiner's report to the trustee5 For the year ended 5 April 2026 I report to the trustees on my examination of the accounts of the Kilmarnock Gospel Trust for the year ended 5 Aprll 2026. RESPEcfivE RESPONSIBILITIES OFTRUSTEES AND EXAMINER The charity's Iru5tees are responsible for the preparation of the accounts in accordance with the requireinei)ts of the Cliarities and Trustee Investment ISLotlandl Act 20051'1I)e Act'l, and the Charities Account$15cotlandl reeulations 2006 as amended I'the Regulations"). I report iii respect of my examinalioii of the Trust's accounts carried (Jtjt under Section 441 Illcl of the 2005 Act and in rarrying out my examination I have foll(Jwed all thp applicable Directiorks given by the OSCR under section 46 of the Act. BASIS OF THE INDEPENDENT EXAMINER'S REPORT My examiriation was Larried out in accordance with ReRul3tion 11 of the Regulations. An examination includes a review of the accounting iecords kept by the charity and a comp3rison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking of explanation5 from you as Trustees concerning any such matters. The procedures ijndertaken do nr)I pri)vide all Ilie evidence that wauld bp required in an audit, and 15 limited to those matters set out in the statements below. INDEPENDENT EXAMINER'S STATEMENT I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. l. Accounting records were not kept in respect of the Trust as required by section 44llllal of the Act and Regulation 4 of the Regulations- or 2. The accounts do not accord with those records and do not comply with Regulation 8 of the Regulations. I have no concerns and have come across no other matters in connectlon with the examination to which attention should be drawn in this report in order to enable a proper understandinE of the accounts to be reached. Warwick Butcher Date.. Paoe16
Kilmarnock Gospel Trust Statement of flnancial actlvitles For the year ended 5 April 2026 Unrestricted Funds Restricted Funds Total Funds 2026 Total Funds 2025 Notes Income and endowments from: Donutions and legacies.. 24,6C)J 53,972 13,492 47,339 Gift Aid donatlOn5 Income tax refunds Otlier donations Investments nk iiiterest 27,680 6,920 23,286 26,292 6,572 24,0.53 49,900 12,475 40,130 123 921 1,044 825 Total 82,674 57,838 140,512 134,830 Expendlture on: Churituble octivities Running meeting rooms 104,457 32,667 137,124 142,277 104,457 32,667 137,124 142,277 Net incomel{expenditure} 121,7831 25,171 3,388 17,4471 Transfer5 between funds 9,320 19,3201 Reconciliation of funds Total funds brought forward 305.633 1,355,417 1,661,050 1,668,497 Total funds carried 293,170 1,371,268 1,664,438 1,661,050 forward The notes on pages 9 to 14 form part of these financial statements. All of the above activities are cla55ed as continuing and there are no gains and losses other than those included above. Paoe17
Kilmarnock Gospel Trust Balance sheet As at 5 April 2026 2026 2025 Notes Fixed assets Tangible fixed assets 1,539,895 1,577,184 Current assets Debtors.. Prepaymeii15 aii(l (]LC-rued iiic()F7ie Cash ai bank and in hand 13,645 73,940 112,225 126,947 87,585 Current liabilities Creditors.. amounts falling due within one year.. Other creditors Accruals and deferred income 2,404 3,719 Net current assets 124,543 83,866 Tot31 assets less current liabilities 1,664,438 1,661,050 Creditors= amounts falling due after more than one year: Net assets 1,664,438 1,661,050 Fund5 Unrestricted income fund Restricted fund5 293,170 1,371,268 305,633 1,355,417 Total funds 1,664,438 1,661,050 The unaudited financial statements were approved and authorised for issue by the Trustee5 of Kilmarnock IH Gospel Trust on 6 June 2026 and 55gned on their behalf by Colin Palmer Trustee The notes on page5 9 to 14 form part of these financial statements P8q818
Kilmarnock Gospel Trust Notes to the financial statements For the year ended 5 April 2026 Accountlng pollcles Basis of financial statements The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Second edition of Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in Scotland IFRS 1021 issued iii October 2019, the Financial Reporting Standard applic.able in Scotland IFRS 1021, and Scottish Generally Accepted Practice. The functional currency of the charity is sterling 1£). The Trust meets the definition of a public benefit entity under FRS 102. A55els aiid liabilities are inili<]Ily reLognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy riolelsl. Income Donations are recognised in the year in which there is entitlemenl and probability of receipt and the amount Can be measured with reasonable certainty. Income is only deferred when the charity has to fulfil cor)dition% before becoming entitled to it or where the donor has specified that the income is to be expended in a Future year. Gift aid is added lo the value of the donation to whicl) it relates. Donated services are recogni5ed as income and expenditure in the financial statements when organisation5 or individuals offer their services and support pro bono. The value of these donated services to Kilmarnock Gospel Trust is considered to be equal to market value which would be paid were the service formally procured. This includes services paid for by other trusts. Investment income is accounted for on a receivable basis. Expenditure Expenditure is included on an accruals basis. Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. Charitable activities comprise those costs directly attributable to the fulfilment of the charitable objects. Governance and support costs Support costs have been allocated between governance costs and other support costs. Governance costs comprise all costs involving the public accountability of the charily and costs related to statutory requirements. Governance and support costs are allocated to charitable activities on the basis of capacity used. Tangible fixed assets and depreciation Tangible fixed assets are stated at cost less depreciation. Freehold land is not depreciated. Depreciation is provided at rates calculated to write off the cost, les5 estimated residual value, of each asset over its expected useful life as follows.. Freehold buildings Fixture5 and Fittings 2% straight line 15% reducing balance Paoeig
Kilmarnock Gospel Trust Notes to the financial statements For the year ended 5 April 2026 Taxation The Trust is a registered charity and is not liable to United Kingdom income or corporation tax on charitable activities, provided income falls within the charitable exemptions and is spent on charitable purposes. Funds The general unrestricted fund is free for the Trustees to use for any purposes in furtherance of the trust's charitable object5. Resliicletj fiinds arise from dnnatiuns tu the trust, whiih are made for a specific purpose. Restricted funds can only be used for the purpose for which funds were given. 'rhe purpose of the restricted fund is to aCCUtnulate resourieg for future capital projects inclLidin8 potential acquisition of replacement or additional meeting halls. Preparation of consolidated financial statements The Charity doe5 not have a trading subsidiary and there is no requirement to prepare consolidated acr.oiints Going coi)ceri) The Trustees consider that there are no material uiicertaintie5 about the charity'5 ability to continue as a going concern. i.io Significant estimates and judgements The trustees do not consider that there are any sources of estimation uncertainty at the reportlng date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilitie5 Wlthin the next reporting period. Trustees. remuneration and expenses No Trustees CeIVed any remuneration or other benefits from an employment with the charity and no Trustees were reimbursed for expenses12025: None). Wages 3nd salaries There are no employees12025'. none). Donated Services There were no service5 received or donated during the year Paqe110
Kilmarnock Gospel Trust Notes to the financial statements For the year ended S April 2026 Resources expended Meeting Rooms Meeting Rooms 2025 2026 Direct Costs Repairs and Maintenance Insurance Sundry F.xpenses Light and heat Janitorial & first Aid Telephone & Broadband Depreciation Legal and profe55ional Special MeetinB Facilitation 61,463 3,555 65,387 3,447 2.0.986 295 2,49S 43,639 2,424 1,800 24,968 152 1,723 42,540 2.110 900 Other Charitable Activities Charitable Donations 350 1,050 137,124 142,2 11 Legal and Professional costs include £nil12025'. Enill in respect of independent examiner's fees. PaAe111
Kilmarnock Gospel Trust Notes to the financial statements For the year ended 5 April 2026 TanElble flxed assets Freehold Property and Refurbishment Temporary buildings bulldlng5 Furniture, fixtures & flttings Total Cost Brought forward at 6April 202J Additions I,CJ4 J,829 1,999,(i26 6,350 6,350 At 5 Aprll 2026 1.943,829 62,147 2,OOJf,976 Depreciation Brought forward at 6 April 2025 Charge for the year Impairmpnt 392,576 29,866 422,442 4.842 43,639 At 5 April 2026 431,373 34,708 466,081 Net book value At 5 April 2026 1,512,456 27,439 1,539,895 At 5 April 2025 1,551,253 25,931 1,577,184 Property Details: Land registry titles of the above property held are.. AYR48677 (Kilmarnock Roadl, AYR19404 (additional land at Kilmarnock Road) and AYR118315 (Lainshaw Stl. Analysis of net assets between funds Current year 7.1 Current year Unrestricted funds Restricted funds Total Funds Tangible fixed assets Current assets Current liabilities 287,864 7,710 12,4041 1,252,031 119,237 1,539,895 126,947 12,4041 Total funds 293,170 1,371,268 1,664,438 PaAe112
Kilmarnock Gospel Trust Notes to the financlal statements For the year ended 5 April 2026 Prioryear 7.2 Prior year Unrestricted funds Restricted funds Total Funds Tangible fixed assets Current a55Pts Current liabilities 292,486 16.866 13,7191 1,284.698 70,719 1,577,268 87,585 13,7191 Total funds 305,633 1,355,417 1,661,050 Movement 117 fuiids Currefrjt year Balance at 6 April 2025 Incoming resources Resources expended Transfers between funds Balance at 5 April 2026 Restricted funds 1,355,417 57,838 32,667 19,3201 1,371,268 Unrestricted funds 305,633 82,674 104,457 9,320 293,170 Total funds 1,661,050 140,512 137,124 1,664,438 Paoe | 13
Kilmarnock Gospel Trust Notes to the financial statements For the year ended 5 April 2026 Prior year Balance at 6 April 2024 Incoming resources Resources expended Translers between funds Balance at 5 April 2025 Restricted funds 1,382,044 45,328 32,667 139,2881 1,355,417 Unrestricted fiinds 286,453 89,502 109,610 39,288 305,633 Total funds 1,668,491 134,83U 142,277 1,661,050 Transactions with re13ted parties There have bepn no transacti(Jns with relatpd partie5 in the year ended 5, April 2026. io. Volunteers Other than ad hoc bona fide maintenance contractors, Kilmarnock Gospel Hall Trust relies entirely on volunteers to carry out the management, administration and general maintenance work. The Trust has no paid staff or paid Trustees. Paoe114
Kilmarnock Gospel Trust Notes to the financial statements For the year ended 5 April 2026 11. Comparatlve Statement of Financial Activities- 2025 Unrestrlcted Funds DeslÈnated FLEnds Re5trlcted Funds Total Funds 2025 Note5 Income and endowments from: Donotions ond legocies.. Collecliuns Gift Aid donation5 Income tax refunds Other Donations 31,500 24,984 6,246 26,614 31,500 49,900 12,475 40,310 24,916 6.229 Investments Bank interest 158 667 825 Total 89,502 45,328 134,830 Expenditure on: Charitt7ble activities Running meeting rooms 109,610 32,667 142,277 Total 109,610 32,667 142,277 Net incomellexpenditurel 120,1081 12,661 17,4471 Transfers between funds 39,288 139,2881 Reconciliation of funds Total funds brought forward 5, April 2024 286,453 1,382,044 1,668,497 Total funds carrled 305,633 1,355,417 1,661.050 th forward 5 Aprll 2025 PaAe115