CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME
SUMMERHILL HOME
REGISTERED CHARITY NUMBER SC024964
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
(Copy for publication by OSCR with signatures replaced by text)
MHA 12 CARDEN PLACE ABERDEEN AB10 1UR
CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 3 |
| Statement of Trustees' responsibilities | 4 |
| Independent auditor's report | 5 - 7 |
| Statement of financial activities | 8 |
| Balance sheet | 9 |
| Statement of cash flows | 10 |
| Notes to the financial statements | 11 - 22 |
CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their annual report and financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's constitution, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).
Objectives and activities
The Charity’s primary objective for the year continued to be that of providing a comfortable and caring environment for believers in the Lord Jesus Christ who are no longer able to care for themselves in their own home situation. In order to successfully achieve this objective, the Trustees, with the support of the Council of Management, have maintained the fabric of the Home in accordance with the guidelines for such establishments and continue with a programme of renovation and upgrade. They also seek to keep pace with the changing nature of elderly care provision.
In order to maintain an appropriate level of care provision the Trustees continued to follow the strategy of allowing the Manager of the Home to focus on care delivery.
Achievements and performance
The charity’s principal aim remains as stated in the Trust Deed, namely ‘’the provision of care and comfort and a residence for elderly Christians who through age and disability (not requiring special hospital or medical treatment) no longer shall be able to earn their own livelihood and who do not then have relatives with whom they can conveniently reside’’. Presently this care is delivered in contract with the relevant local authorities and is regulated by the Care Inspectorate. In the short term the charity’s principal objectives are:
-
To provide care at a price that is affordable to the target residency group;
-
To ensure that services are provided at a good or very good level (as determined by the Care Inspectorate) while maintaining suitable financial balance.
The most recent inspection by the Care Inspectorate was carried out in September 2025 and the Service maintained its grades at a combination of Good and Very Good.
The Trustees have concluded that the principal aim would be better met through an incorporated body and have set in motion the process of achieving this goal by establishing a company limited by guarantee with charitable status. Once that company has satisfied the various requirements for registration and compliance, the Trustees intend to transfer the assets and operations of the Trust to it.
Financial review
The home had a net surplus in unrestricted resources of £146,948 (2024 - £74,093). This is after a non-cash depreciation charge of £57,550 (2024 - £48,077). The Trustees monitor cash-flow as part of the ongoing funding requirements of the Charity and their going concern assessment. The Trustees continue to identify efficiency savings without reducing the quality of the service provided and are confident that the Brethren Community will continue to support the Charity financially. Consequently, they are satisfied that the going concern basis of preparation remains appropriate. Further information on the going concern assessment is included at note 1.2.
At 31 March 2025 the Charity had £8,852 (2024 - £nil) of restricted funds, £639,611 (2024 – £480,117) of unrestricted funds, and a revaluation reserve of £329,091 (2024 – £341,637).
At 31 March 2025 the Charity held cash reserves totalling £288,907 (2024 - £194,893). The home prefers to maintain cash reserves at a level sufficient to meet the operating costs for a period of three months. This would be approximately £280,000; and the current cash reserves achieve this. The Trustees continue to identify and implement additional ways of raising funds and reducing costs without adversely affecting the service provided, as a means of working towards their reserves policy.
- 1 -
CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 During the year the Trustees carried out significant maintenance activrties on the infrastructure, including: alarm systems, the electrical installation. flooring in public spaces. and re-decoration of the lounge. The principal income of the Charity is derived from Residents board income. The Charity is also supported by donations from Assemblies, other Christian groups and individuals. This funding allows the Charity to provide the high standard of care and facilities that it aims to deliver. Prlnclpal rlsks and uncertalntles The principal risks and uncertainties facing the Charty and the implications of these are- 1. The way in which the stste will fund care of the elderly in the future. The level of funding provided by the state would be insufficient to meet the running costs of the services if all of the residents were supported by the state {over and above the personal care allowance) and therefore there is an èlemént of subsidisation rèquired from thè residents who do not reeeivè such support; thèr8 ig a risk that the balanc8 of this situation may drivè the lattèr group's costs to an unaffordable lèv81. If that W8r8 to b8com8 an issu8 then rèstrictions would need to bè put in place to limit the number of stat8- supported resid8nts in order to r8duc8 th8 cross-subsidisation to an acceptable lev81. 2. Reduced occupancy due to several concurrent deaths. Multiple deaths from ill h8alth in a short period cause th8 income level to fall below break-even until appropriate occupancy is restored. This restoration takes time as Ihere is an operational limit on how many new residents can be onboarded concurrenlly. To protect against this the Charty will increase its reserves. The Trustees have therefore assessed the major risks to which the Charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks. Plans for future perlods The Trustees intènd to maintain Summerhill in its present format as 8 small, clos8-knit, residential home. The ratès chargèd at Summerhill ar8 lower than other homes of equivalent rating by the Care Inspectorate and the Trustees plan to continue to increase rates. Structure, governance and management Tho Charity is constituted under a Trust Deod. At the date of 5iqninq of the Truslees, report Ihe number of Trustees is five. The Trustee5 note with sadness the departure of from their number following his sudden passing in late January 2025. contributions ome were appreciated and will be sorely missed. Four of the Trustees with day managemen ) along edayto are emem erso ounci anagemen , Ic as e responsi or Trustees are appointed on a personal basis, being interested in the work of the Charity, and not as representing the interests or views, of any body or group to which they belong. The appointment of any new Trustee is the exclusive prerogative of the existing Trustees. The characteristics of a Trustee are that they: Have an interest in the Home and the purpose that it serves: 3. Have a spiritual maturity: 4. Are respected for their wisdom and integrity.. and 5. Possess a degree of business acumen relevant to the Home and the services that it provides. New trustees and members of the Council of Management are briefed on their dutFOS and responsibilities and the operation of the Charity on their appointment.
CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Remuneration paid to the Charity's key management personnel is decided by the Board of Trustees and is in line with market expectations for the role being performed. The remuneration paid to each individual also reflects their level of experience and the qualifications they hold. Reference and administrative information Charity name Christian Brethren Summerhill Eventide Home Charlty number SC024964 Prfnclpal address Summerhill Eventide Hom6 Summerhill Road Aberdeen A815 6HU Audltors MHA, Aberdoon, United Kingdom. Bankers Bank of Scotland,39 Albyn Place, Aberdeen, AB10 1YN Sollcltors Ledingham Chalmers LLP, Johnstone House, 52-54 Rose Street, Aberdeen, AB10 1 HA Trustees The Trust889 who served during the year and up to the date of signatur8 of the financial statements wore: {Resignod 29 January 20251 Key management The Trustees, report was approved by the Board of Trustees. on 08 December 2025 Trustee Date.. 08 December 2025
CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME STATEMENT OF TRUSTEES' RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees are responsible for preparing the Trustees' Report 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 requires 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 of the Charity for that year.
In preparing these financial statements, the Trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
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; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
- 4 -
CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME
Opinion
We have audited the financial statements of Christian Brethren Summerhill Eventide Home (the 'Charity') for the year ended 31 March 2025 which comprise the statement of financial activities including income and expenditure account, the balance sheet, the statement of cash flows and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
-
give a true and fair view of the state of the charity’s affairs as at 31 March 2025 and of its income and expenditure, for the year then ended;
-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-
have been prepared in accordance with the Charities and Trustee Investment (Scotland) Act 2005 and regulation 8 of the Charities Accounts (Scotland) Regulations 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.
Other information
The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The Trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
- 5 -
CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters in relation to which the Charities Accounts (Scotland) Regulations 2006 requires us to report to you if, in our opinion:
-
the information given in the financial statements is inconsistent in any material respect with the Trustees' report; or
-
proper accounting records have not been kept; or
-
the financial statements are not in agreement with the accounting records; or
-
we have not received all the information and explanations we require for our audit.
Responsibilities of Trustees
As explained more fully in the statement of Trustees' responsibilities, the Trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for assessing the Charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to cease operations, or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
We have been appointed as auditor under section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
- 6 -
CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME INDEPENDENT AUDITOR'S REPORT {CONTINUED) TO THE TRUSTEES OF CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME Irregularities, induding fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilf(ies, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specrfic procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud is detailed below- Perfomiing audit procedures over the risk of management override of controls, including testing of journal entries and other adjustments for appropriateness, evaluating the business rationale of signtficant transactions outside of the nomial course of business and reviewing judgements made by management in their calculation of accounting estimates for potential management bias., Performing audit work proc8dur89 ovèr thè risk of incom8 rècognition, including testing of the completeness of incom8', Reviewing minutes of meetings of management; Reviewng the level of and reasoning bahind tha charity's procurement of legal and professional services; and Agreement of the financial statement disclosures to supporting documentation. Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities. including those leading to a material misstatemant in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial ststements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. A further description of our responsibilities is available on the Financial Reporting Council's website at: https:11 www.frc.org.uklaudrtorsresponsibilities. This description forms part of our auditorfs report. Other matters Your attention is drawn to the fact that the charity has prepared financial statements in accordance with "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance wrth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)" (as amended) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. This has been done in order for the financial statements to provide a true and fair view in accordance with current Generally Accepted Accounting Practice. Use of our report This report is made solely to the charity's trustees, as a body, in accordance with Regulation 10 of the Charities Accounts {Scotlandl Regulations 2006. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, ft)r this report, or for the opinions we have formed. Signed by on 09 December 2025 (Senior Statutory Audltor} for and on behalf of MHA Statutory Audltor Aberdeen United Kingdom MHA is eligible for appointment as auditor of the Charity by virtue of its eligibilty for appointment as auditor of company under section 1212 of the Companies Act 2008. MHA is the trading name of MHAAudit Services LLP, a limited liability partnership in England and Wales (registered number OC455542)
CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
| Unrestricted Restricted funds funds 2025 2025 Notes £ £ Income from: Donations and legacies 3 14,465 16,796 Charitable activities 4 1,258,709 - Interest recieved and similar income 5 2,070 - Total income 1,275,244 16,796 Expenditure on: Charitable activities 6 1,128,296 7,944 Total expenditure 1,128,296 7,944 Net incoming/(outgoing) resources before transfers 146,948 8,852 Transfers between funds - - Net movement in funds 8 146,948 8,852 Reconciliation of funds: Fund balances at 1 April 2024 821,754 - Fund balances at 31 March 2025 968,702 8,852 |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 31,261 19,414 - 1,258,709 1,144,528 - 2,070 339 - 1,292,040 1,164,281 - 1,136,240 1,090,188 540 1,136,240 1,090,188 540 155,800 74,093 (540) - (102) 102 155,800 73,991 (438) 821,754 747,763 438 977,554 821,754 - |
Total 2024 £ 19,414 1,144,528 339 |
|---|---|---|
| 1,164,281 1,090,728 |
||
| 1,090,728 | ||
| 73,553 - |
||
| 73,553 748,201 |
||
| 821,754 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
- 8 -
CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Notes Fixed assets Tangible assets 12 768,181 693,734 Current assets Stocks Debtors Cash at bank and in hand 13 14 1,721 53,729 288,907 1.721 75,047 194.893 344,357 271.661 Credltors: amounts falllng due wlthln one year 15 (134,984) (143.641) Net current assets 209,373 128,020 Total assets less current Ilabllltles 977,554 821,754 The funds of the Charlty Restricted income funds Unrestricted funds Unrestrictèd funds - r8V8luation raseNa 18 19 19 8,852 639,611 329,091 480,117 341,637 977,554 821,754 08 December 2025 The financial statements were approved by the Trustees on ......................... Signed bs )n 08 December 2025 Trustee
CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
| 2025 Notes £ £ Cash flows from operating activities Cash generated from operations 23 226,082 Investing activities Purchase of tangible fixed assets (134,138) Investment income received 2,070 Net cash used in investing activities (132,068) Net cash generated from financing activities - Net increase in cash and cash equivalents 94,014 Cash and cash equivalents at beginning of year 194,893 Cash and cash equivalents at end of year 288,907 |
2024 £ (18,400) 339 |
£ 182,970 (18,061) - 164,909 29,984 194,893 |
|---|---|---|
- 10 -
CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
Charity information
Christian Brethren Summerhill Eventide Home is constituted under a trust deed. The Home is a charity registered in Scotland with the Office of the Scottish Charity Regulator. The principal address is Summerhill Home, Summerhill Road, Aberdeen, AB15 6HU.
1.1 Accounting convention
The financial statements have been prepared in accordance with the Charity's constitution, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended), FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The Charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold buildings at deemed cost. The principal accounting policies adopted are set out below.
1.2 Going concern
The trustees have considered the appropriateness of the going concern basis, reflecting on the financial position of the charity at the balance sheet date, and the requirement to consider a period of at least 12 months from the approval date of the financial statements.
The Home has recorded a surplus of £155,800 (2024 - £73,553), after a non-cash depreciation charge of £59,691 (2024 - £48,077). Excluding depreciation, a surplus of £215,491 (2024 - £121,630) has been generated.
Careful cash management and cost control has also ensured that the working capital of the charity remains a priority, to allow all liabilities to be met as they fall due. There were net current assets of £209,373 at 31 March 2025 and the cash at bank and in hand has increased from £194,893 as at 31 March 2024 to £288,907 at 31 March 2025. The operating results for the Home are regularly reviewed to minimise cost inefficiencies whilst maintaining the appropriate level of care for residents. The trustees are continually looking for more efficient funding options such as private donations and grants.
The trustees have prepared financial forecasts through to June 2025 and are currently preparing forecasts to March 2026 considering various potential scenarios. By their very nature financial projections are uncertain, including projecting future occupancy levels. The trustees are satisfied that the charity will have adequate resources to continue in operational existence for a period of at least 12 months from the approval date of the financial statements. Consequently, the trustees consider it appropriate to continue to adopt the going concern basis of accounting in preparing these financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes. The separate presentation within unrestricted funds of the revaluation reserve represents the surplus arising on the previous revaluation of the freehold buildings. The annual release to general funds is equivalent to the excess depreciation charge associated with the previously revalued amount over the historic cost basis.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
1.4 Income
Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
- 11 -
CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
(Continued)
Donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount.
Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
Donated assets are recognised at fair value when gifted to the charity.
Residents board income, including amounts received from local authorities which meet the SORP definition of a government agency, is recognised in the period in which the board was provided.
Residents board received in arrears is accrued in as necessary. Residents board received in relation to the next period has been deferred as detailed in note 16.
1.5 Expenditure
All expenditure is included on an accrual basis and is recognised when there is a legal or constructive obligation to pay for expenditure, a transfer of economic benefits is probable and the amount can be measured reliably. All costs have been directly attributed to one of the functional categories of expenditure and include irrecoverable VAT.
Expenditure on charitable activities includes the costs incurred directly in achievement of the charity’s objectives and support costs, which indirectly support the charities activities.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Freehold land and buildings 2 to 10% straight line Fixtures and fittings 25% reducing balance 10% straight line
Freehold land is not depreciated.
The part of the annual depreciation charge on previously revalued assets (subsequently carried at deemed cost) which relates to the revaluation surplus is transferred from the revaluation reserve to general unrestricted funds.
1.7 Impairment of fixed assets
At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
1.8 Stocks
Stocks are stated at the lower of cost and net realisable value. At each reporting date an assessment is made for impairment.
1.9 Cash and cash equivalents
Cash and cash equivalents include cash in hand and deposits held at call with banks.
- 12 -
CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
(Continued)
1.10 Financial instruments
The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Impairment of financial assets
Financial assets are assessed for indicators of impairment at each reporting end date.
Derecognition of financial assets
Financial assets are derecognised only when the contractual rights to the cash flows from the assets expire or are settled.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Derecognition of financial liabilities
Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled.
1.11 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
1.12 Retirement benefits
The Charity contributes to defined contribution pension schemes on behalf of certain employees. Pension costs charged represent the contributions payable by the Charity in the year.
- 13 -
CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
2 Critical accounting estimates and judgements
In the application of the Charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis.
Critical judgements
The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows.
Depreciation
The assessment of the estimated useful lives and residual values of tangible fixed assets involves judgements and estimates regarding the anticipated purpose and use of the asset and the period of time in which the asset can adequately perform its anticipated role before it becomes ineffective or obsolete. These judgements and estimates have a direct impact on the depreciation charge and the carrying value of tangible fixed assets. The Trustees review these judgements and estimates as required at least on an annual basis. The carrying value of tangible fixed assets at the year end is £768,181 and the depreciation charged during the year was £59,691.
- 14 -
CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
3 Donations and legacies
| Unrestricted Restricted funds funds 2025 2025 £ £ Donations and gifts 14,465 16,796 Grants - - 14,465 16,796 Grants receivable for core activities Other - - - - |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 31,261 23,534 - - (4,120) - 31,261 19,414 - - (4,120) - - (4,120) - |
Total 2024 £ 23,534 (4,120 |
|---|---|---|
| 19,414 | ||
| (4,120 | ||
| (4,120 |
4 Charitable activities
| Residents board income | 2025 £ 1,258,709 1,258,709 |
2024 £ 1,144,528 |
|---|---|---|
| 1,144,528 |
All income from charitable activities in the current and prior year is unrestricted in nature.
Government grants
Residents board income includes £361,650 (2024 – £388,675) from local authorities which meet the SORP definition of a government agency.
5 Interest recieved and similar income
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2025 | 2024 | |
| £ | £ | |
| Interest receivable | 2,070 | 339 |
- 15 -
CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
6 Charitable activities
| Maintenance | Maintenance |
||
|---|---|---|---|
| of residents | of residents | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Staff costs | 754,008 | 711,682 | |
| Depreciation and impairment | 59,691 | 48,077 | |
| Provisions | 68,776 | 61,431 | |
| Residents activities | 2,207 | 2,249 | |
| 884,682 | 823,439 | ||
| Share of support costs (see note 7) | 203,045 | 216,382 | |
| Share of governance costs (see note 7) | 48,513 | 50,907 | |
| 1,136,240 | 1,090,728 | ||
| Analysis by fund | |||
| Unrestricted funds | 1,128,296 | 1,090,188 | |
| Restricted funds | 7,944 | 540 | |
| 1,136,240 | 1,090,728 | ||
| 7 | Support costs allocated to activities | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Operating lease charges | 31,119 | 26,509 | |
| Rates | 6,779 | 10,544 | |
| Insurance | 13,139 | 11,849 | |
| Light and heat | 41,588 | 50,325 | |
| Repairs and maintenance | 82,977 | 95,562 | |
| Postage and stationery | 4,502 | 2,284 | |
| Telephone | 3,756 | 4,020 | |
| Agency costs | 11,310 | 780 | |
| Sundry expenses | 7,875 | 14,509 | |
| Governance costs | 48,513 | 50,907 | |
| 251,558 | 267,289 |
- 16 -
CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
| 7 Support costs allocated to activities Governance costs comprise: Audit fees Accountancy Legal and professional 8 Net movement in funds The net movement in funds is stated after charging/(crediting): Fees payable for the audit of the charity's financial statements Depreciation of owned tangible fixed assets |
(Continued) 2025 2024 £ £ 15,300 16,600 4,440 9,844 28,773 24,463 48,513 50,907 2025 2024 £ £ 15,300 16,600 59,691 48,077 |
(Continued) 2025 2024 £ £ 15,300 16,600 4,440 9,844 28,773 24,463 48,513 50,907 2025 2024 £ £ 15,300 16,600 59,691 48,077 |
|---|---|---|
| 50,907 | ||
| 2024 £ 16,600 48,077 |
9 Trustees
During the year donations of £3,602 were made to the charity by Trustees.
None of the Trustees (or any persons connected with them) received any remuneration, reimbursement of expenses, or had any expenses directly paid on their behalf by the charity during the year.
10 Employees
The average monthly number of employees during the year was:
| Employees Employment costs Wages and salaries Social security costs Other pension costs |
2025 Number 36 2025 £ 699,666 42,424 11,918 754,008 |
2024 Number 38 |
|---|---|---|
| 2024 £ 651,582 47,719 12,381 |
||
| 711,682 |
There were no employees whose annual remuneration was more than £60,000.
- 17 -
CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
| Employees | (Continued) | |
|---|---|---|
| Remuneration of key management personnel | ||
| The remuneration of key management personnel was as follows: | ||
| 2025 | 2024 | |
| £ | £ | |
| Aggregate compensation | 148,307 | 135,701 |
10 Employees
11 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
12 Tangible fixed assets
| Freehold land and buildings Fixtures and fittings £ £ Cost At 1 April 2024 901,357 294,847 Additions - 134,138 At 31 March 2025 901,357 428,985 Depreciation and impairment At 1 April 2024 276,815 225,655 Depreciation charged in the year 25,284 34,407 At 31 March 2025 302,099 260,062 Carrying amount At 31 March 2025 599,258 168,923 At 31 March 2024 624,542 69,192 |
Total £ 1,196,204 134,138 |
|---|---|
| 1,330,342 | |
| 502,470 59,691 |
|
| 562,161 | |
| 768,181 | |
| 693,734 |
Freehold buildings are accounted for at deemed cost of £900,000 at 31 March 2017 on transition to FRS102, adjusting for subsequent additions, disposals and depreciation.
The depreciated historic cost of freehold buildings carried at deemed cost is £270,166 (2024 - £282,905).
13 Stocks
| Stocks | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Stock | 1,721 | 1,721 |
- 18 -
CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
14 Debtors
| Amounts falling due within one year: Other debtors Prepayments and accrued income |
2025 £ 52,815 914 53,729 |
2024 £ 73,930 1,117 |
|---|---|---|
| 75,047 |
15 Creditors: amounts falling due within one year
| Notes Other taxation and social security Deferred income 16 Trade creditors Other creditors Accruals |
2025 £ 13,272 69,145 18,799 9,785 23,983 134,984 |
2024 £ 18,418 74,847 15,757 9,872 24,747 |
|---|---|---|
| 143,641 |
16 Deferred income
Income from residents maintenance charges of £69,145 (2024 - £74,847) received during the year has been deferred as entitlement to the income does not arise until the following accounting period.
17 Retirement benefit schemes
| Retirement benefit schemes | ||
|---|---|---|
| 2025 | 2024 | |
| Defined contribution schemes | £ | £ |
| Charge to profit or loss in respect of defined contribution schemes | 11,918 | 12,381 |
The Charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the Charity in an independently administered fund.
18 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
| At | 1 | April 2024 |
Incoming resources |
Resources expended |
Transfers | At | 31 | March 2025 |
|
|---|---|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | |||||
| Welfare unit | - | 16,796 | (7,944) | - | 8,852 | ||||
| - | 16,796 | 7,944 | - | 8,852 |
- 19 -
CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
| 18 | Restricted funds | (Continued) | ||||
|---|---|---|---|---|---|---|
| Previous year: | At 1 April | Incoming | Resources | Transfers | At 31 March | |
| 2023 | resources | expended | 2024 | |||
| £ | £ | £ | £ | £ | ||
| Central heating and hot water | ||||||
| fund | 438 | - | (540) | 102 | - |
The central heating and hot water fund represents funding received to be used towards the maintenance of the boiler in future years.
The welfare unit fund represents capital expenditure spent on the relocation and fixture of the welfare unit on the care home premises. The fund will be depreciated over the remainder of the assets life.
19 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| General funds Revaluation reserve Previous year: General funds Revaluation reserve |
At 1 April 2024 Incoming resources Resources expended £ £ £ 480,117 1,275,244 (1,128,296) 341,637 - - 821,754 1,275,244 (1,128,296) At 1 April 2023 Incoming resources Resources expended £ £ £ 393,920 1,164,281 (1,090,188) 353,843 - - 747,763 1,164,281 1,090,188 |
Transfers At 31 March 2025 £ £ 12,546 639,611 (12,546) 329,091 - 968,702 Transfers At 31 March 2024 £ £ 12,104 480,117 (12,206) 341,637 (102) 821,754 |
Transfers At 31 March 2025 £ £ 12,546 639,611 (12,546) 329,091 - 968,702 Transfers At 31 March 2024 £ £ 12,104 480,117 (12,206) 341,637 (102) 821,754 |
|---|---|---|---|
| 821,754 |
20 Analysis of net assets between funds
| Unrestricted Restricted funds funds 2025 2025 £ £ At 31 March 2025: Tangible assets 759,329 8,852 Current assets/(liabilities) 209,373 - 968,702 8,852 |
Total 2025 £ 768,181 209,373 |
|---|---|
| 977,554 |
- 20 -
CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 20 Analysis of net assets between funds (Continued) Unrestricted funds 2024 Restricted funds 2024 Total 2024 At 31 March 2024: Tangible assèts Current assetsl{liabilities) 693,734 128,020 693,734 128,020 821,754 821,754 21 Operatlng lease commltments Lessee At the reporting end date the Charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows: 2025 2024 Within one yèar 8860n two and five years In over five years 16.932 52,679 5.937 12,659 37,973 10,282 75.548 60,914 Lease costs recognised as an expense under non-cancellable operating leases amounted to £31,11912024 - £26,508) during the year. 22 Related party transactlons Transactlons wlth related partles During the year the Charity entered into the following transactions with related parties: Servlces recelved 2025 2024 Key management personnel 9,521 SeNices lo a total value of £9,521 were received from Aberdeen StraighaY Ltd, a company in which a member of the charity's key management personnel, serves as a director. 21
CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
| 23 Cash generated from operations Surplus for the year Adjustments for: Investment income recognised in statement of financial activities Depreciation and impairment of tangible fixed assets Movements in working capital: Decrease in debtors (Decrease) in creditors (Decrease)/increase in deferred income Cash generated from operations |
2025 £ 155,800 (2,070) 59,691 21,318 (2,955) (5,702) 226,082 |
2024 £ 73,553 (339) 48,077 97,663 (42,392) 6,408 182,970 |
|---|---|---|
24 Analysis of changes in net funds
The Charity had no material debt during the year.
- 22 -