Docusign Envelope ID: D52C82C6-51D7-8A29-818E-30F249E3E56C 

## **CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME** 

## **SUMMERHILL HOME** 

## **REGISTERED CHARITY NUMBER SC024964** 

**FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026** 

**MHA 12 CARDEN PLACE ABERDEEN AB10 1UR** 



Docusign Envelope ID: D52C82C6-51D7-8A29-818E-30F249E3E56C 

## **CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME CONTENTS** 

||**Page**|
|---|---|
|Trustees' report|1 - 5|
|Statement of Trustees' responsibilities|6|
|Independent auditor's report|7 - 9|
|Statement of financial activities|10|
|Balance sheet|11|
|Statement of cash flows|12|
|Notes to the financial statements|13 - 24|





Docusign Envelope ID: D52C82C6-51D7-8A29-818E-30F249E3E56C 

## **CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME TRUSTEES' REPORT** 

## **FOR THE YEAR ENDED 31 MARCH 2026** 

The Trustees present their annual report and financial statements for the year ended 31 March 2026. This report describes the Charity’s purposes and public benefit, achievements and performance, financial position, principal risks, plans for future periods, governance arrangements, and reference and administrative information. 

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, known as the Trust Deed, 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. 

The Trustees confirm that, in preparing this report, they have followed the requirements applicable to a Scottish charity registered with OSCR and have considered the Charity’s purposes, activities, public benefit, governance, financial position and principal risks in the context of the Charities and Trustee Investment (Scotland) Act 2005 and applicable charity reporting guidance. 

The Trustees have considered the accounting and reporting requirements applicable to the Charity as a Scottish charity and have prepared the report on the basis appropriate to the Charity’s legal form, size and audit requirements. 

## **Objectives and activities** 

The Trustees have had regard to OSCR guidance on public benefit in reviewing the Charity’s objectives and activities. In carrying out the Charity’s purposes, the Trustees consider that the provision of residential care, comfort and support in a Christian residential environment for elderly residents who can no longer live independently provides public benefit by meeting a clearly identified need. The benefit is delivered through regulated care, continuity of support, and the maintenance of accommodation and facilities suitable for residents’ needs. 

The Trustees consider that the Charity’s activities during the year were consistent with its charitable purposes and with the public benefit requirement for charities registered in Scotland. The Charity’s activities continued to be directed towards providing residential care and support to the beneficiary group described in the Trust Deed. 

The Charity’s primary objective for the year continued to be to provide a comfortable and caring environment for believers in the Lord Jesus Christ who are no longer able to care for themselves in their own homes. To 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 have continued 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”. This care is currently delivered under contract with the relevant local authorities and is regulated by the Care Inspectorate. 

During the year, the Charity continued to focus on delivering safe, caring and affordable residential care while maintaining the Home’s facilities and financial stability. The Trustees monitored performance through occupancy levels, Care Inspectorate grades, financial results, cash reserves, and progress against planned maintenance and improvement works. 

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. 

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Docusign Envelope ID: D52C82C6-51D7-8A29-818E-30F249E3E56C 

**CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME TRUSTEES' REPORT  (CONTINUED)** 

**FOR THE YEAR ENDED 31 MARCH 2026** 

## **Incorporation and proposed transfer of activities** 

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 the company has completed the necessary registration and compliance requirements, the Trustees intend to transfer the assets and operations of the Trust to it. 

## **Financial review** 

The Home reported a net surplus on unrestricted resources of £128,143 for the year ended 31 March 2026, compared with £146,948 in 2025. This result contributed to the strengthening of unrestricted funds and cash reserves during the year. At 31 March 2026 the Charity had £6,711 (2025 - £8,852) of restricted funds, £777,426 (2025 – £639,611) of unrestricted funds, and a revaluation reserve of £319,419 (2025 – £329,091). 

The Trustees monitor cash-flow as part of the ongoing funding requirements of the Charity and their going concern assessment. Careful cash management and cost control have 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 £381,876 at 31 March 2026 and the cash at bank and in hand has increased from £288,907 at 31 March 2025 to £464,037 at 31 March 2026. 

The operating results for the Home are regularly reviewed to minimise cost inefficiencies without reducing the quality of the services provided for residents. The Trustees are confident that the Christian Brethren Community will continue to support the Charity financially, and from time to time consider the possibility of more efficient funding options such as private donations and grants. The average occupancy over the last three years exceeds 95% and there continues to be a reasonable waiting list, meaning that reductions in occupancy arising from the deaths of residents are within acceptable levels. The reserve funds are currently sufficient to cover some four months of normal running costs and normal income levels are sufficient to cover anticipated major maintenance costs as well as routine costs. 

The Trustees are satisfied, having considered the Charity’s cash reserves, occupancy levels, expected income and anticipated expenditure, that the Charity will have adequate resources to continue in operational existence for the foreseeable future. Consequently, the Trustees consider it appropriate to continue to adopt the going concern basis of accounting in preparing these financial statements. 

At 31 March 2026 the Charity held cash reserves totalling £464,037 (2025 - £288,907). The Trustees’ preference is to maintain cash reserves at a level sufficient to meet approximately six months of operating costs, estimated at about £560,000. Current cash reserves therefore remain below the policy target and cover about five months of normal running costs. The Trustees continue to seek ways of increasing reserves without adversely affecting the service provided, with the aim of moving towards the reserves policy target over time. 

The Trustees review the reserves position periodically in the light of occupancy levels, operating costs, planned maintenance, regulatory requirements and the need to maintain continuity of care. The reserves policy remains under review as the Charity works towards its preferred target level. 

During the year the Trustees carried out significant maintenance and improvement activities on the Home’s infrastructure, including the installation of solar panels, plumbing works and the expansion of usable car parking space. 

The principal income of the Charity is derived from residents’ board income. The Charity is also supported by donations from Christian 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. 

The Charity does not use professional fundraisers or commercial participators. Donations are received principally from Christian Assemblies, other Christian groups and individuals. The Trustees seek to ensure that fundraising activity is proportionate, respectful and consistent with the Charity’s Christian ethos. 

The Trustees consider these financial and operational matters alongside the principal risks and uncertainties set out below. 

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Docusign Envelope ID: D52C82C6-51D7-8A29-818E-30F249E3E56C 

## **CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME TRUSTEES' REPORT  (CONTINUED)** 

## **FOR THE YEAR ENDED 31 MARCH 2026** 

## **Principal risks and uncertainties** 

The Trustees have identified the following principal risks and uncertainties facing the Charity, together with their potential implications and the actions being taken to monitor or mitigate them. 

## **1. Changes to local authority assessment and funding for elderly care provision** 

Aberdeen City Council, the relevant local authority, faces funding constraints in relation to residential care home placements. It has recently changed its assessment approach so that only elderly people classified as urgent or high priority are assessed as requiring residential care. This creates two principal risks for the Charity. 

Firstly, this may reduce the number of people in Summerhill Home’s catchment area who are assessed as requiring the services provided by the home. Individuals who are not assessed as requiring residential care, but who believe they should move into residential care, would be required to meet the full fees from personal funds. There would be no guarantee that the local authority would provide financial support if those funds were depleted. 

Secondly, residents’ needs are becoming increasingly complex. The facilities and services required to support residents are significantly greater than would previously have been typical for a residential care home. As a result, the distinction between complex residential care and nursing care is becoming narrower. 

The overall effect of this uncertainty is that demand for the home’s existing services could reduce. The Trustees will continue to monitor trends in social care provision, particularly the number of people assessed as requiring residential care and the complexity of their needs. If the need arises, the Trustees will consider expanding the home’s services to include nursing care, albeit this would require a slight amendment to the Trust Deed. 

## **1. Reduced occupancy following multiple deaths in a short period** 

Multiple deaths arising from ill health within a short period could cause income to fall below break-even until appropriate occupancy is restored. Restoring occupancy takes time because there is an operational limit on the number of new residents who can be admitted concurrently. To mitigate this risk, the Trustees will continue to monitor occupancy closely, maintain appropriate admission planning and work towards increasing reserves. 

## **1. Staffing, regulatory compliance and quality of care** 

The Charity operates in a regulated care environment where service quality depends on suitably trained and experienced staff, effective management oversight and continued compliance with Care Inspectorate requirements. Difficulties in recruitment or retention, changes in regulatory expectations, or failures in care standards could affect the Charity’s ability to deliver its objectives. The Trustees mitigate this risk through oversight by the Council of Management, regular review of operating performance, continued focus on staff support and training, and monitoring of Care Inspectorate outcomes. 

The Trustees have assessed the major risks to which the Charity is exposed and are satisfied that appropriate systems are in place to monitor and mitigate those risks. 

## **Plans for future periods** 

The Trustees intend to maintain Summerhill in its present format as a small, close-knit, residential home. The rates charged at Summerhill are lower than other homes of equivalent rating by the Care Inspectorate and the Trustees plan to continue to increase rates modestly. 

In the next reporting period, the Trustees expect to focus on maintaining high standards of care, progressing the proposed incorporation and transfer of activities, monitoring the impact of local authority funding and assessment changes, and continuing to strengthen reserves while carrying out necessary maintenance and improvement works. 

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Docusign Envelope ID: D52C82C6-51D7-8A29-818E-30F249E3E56C 

## **CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME TRUSTEES' REPORT  (CONTINUED)** 

## **FOR THE YEAR ENDED 31 MARCH 2026** 

## **Structure, governance and management** 

The Charity is constituted under a Trust Deed. 

At the date of signing of the Trustees’ report the number of Trustees is five. 

The Trustees meet as required to consider the Charity’s strategic direction, financial position, principal risks, regulatory matters and major operational decisions. Day-to-day matters are overseen through the Council of Management, with significant matters escalated to the Trustees where appropriate. 

The Council of Management includes four of the Trustees (Mr George Cheetham, Mr Ronald Holden, Mrs Elizabeth Tait and Mr James Wallace), along with Mr Graeme Bowie. The Home Manager, Mrs Caroline Jarret, attends meetings of the Council of Management. 

Trustees are appointed on a personal basis because of their interest in the work of the Charity and not as representatives of 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: 

1. Have an interest in the Home and the purpose that it serves; 

2. Have spiritual maturity; and 

3. Have wisdom, integrity and relevant business acumen. 

New Trustees and members of the Council of Management are briefed on their duties and responsibilities and on the operation of the Charity when they are appointed. 

Trustees are made aware of their legal duties, the Charity’s governing document, the Charity’s operating environment and the systems used to manage risk and compliance. The Trustees also consider potential conflicts of interest as part of their governance responsibilities and take appropriate steps to ensure that decisions are made in the best interests of the Charity. 

The Trustees have had regard to their duties under the Charities and Trustee Investment (Scotland) Act 2005, including the duty to act in the interests of the Charity, seek to ensure that the Charity acts consistently with its purposes, and act with the care and diligence that it is reasonable to expect of a person managing the affairs of another person. 

The Trustees also keep governance arrangements under review to ensure that trustee induction, decision-making and oversight remain appropriate for a Scottish charity operating in a regulated care environment. 

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. 

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Docusign Envelope ID: D52C82C6-51D7-8A29-818E-30F249E3E56C 

## **CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME TRUSTEES' REPORT  (CONTINUED)** 

## **FOR THE YEAR ENDED 31 MARCH 2026** 

## **Reference and administrative information** 

**Charity name** Christian Brethren Summerhill Eventide Home **Charity number** SC024964 **Principal address** Summerhill Eventide Home Summerhill Road Aberdeen AB15 6HU 

## **Auditors** 

MHA, Aberdeen, United Kingdom, 

## **Bankers** 

Bank of Scotland,39 Albyn Place, Aberdeen, AB10 1YN 

## **Solicitors** 

Ledingham Chalmers LLP, Johnstone House, 52-54 Rose Street, Aberdeen, AB10 1HA 

## **Trustees** 

The Trustees who served during the year and up to the date of signature of the financial statements were: 

Ronald Holden Peter Keith Elizabeth Tait James Wallace George Cheetham 

## **Auditor** 

MHA has expressed its willingness to be reappointed as auditor and this will be considered by the Council of Management. 

## **Key management** 

Graeme Bowie, Member of the Council of Management Caroline Jarret, Home Manager Gillian Reid, Administration Manager Donna Pow, Care Team Manager 

This report has been prepared in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts under FRS 102 and was approved by the Trustees on the date shown below and signed on their behalf by: 

.............................. 

Ronald Holden 

## **Trustee** 

August 7, 2026 Date: ............................................. 

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Docusign Envelope ID: D52C82C6-51D7-8A29-818E-30F249E3E56C 

## **CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME STATEMENT OF TRUSTEES' RESPONSIBILITIES** 

## **FOR THE YEAR ENDED 31 MARCH 2026** 

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. 

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Docusign Envelope ID: D52C82C6-51D7-8A29-818E-30F249E3E56C 

## **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 2026 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 2026 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. 

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Docusign Envelope ID: D52C82C6-51D7-8A29-818E-30F249E3E56C 

## **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. 

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Docusign Envelope ID: D52C82C6-51D7-8A29-818E-30F249E3E56C 

## **CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME INDEPENDENT AUDITOR'S REPORT (CONTINUED)** 

## **TO THE TRUSTEES OF CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME** 

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud is detailed below: 

- Performing 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 significant transactions outside of the normal course of business and reviewing judgements made by management in their calculation of accounting estimates for potential management bias; 

- Performing audit work procedures over the risk of income recognition, including testing of the completeness of income; 

- Reviewing minutes of meetings of management; 

- Reviewing the level of and reasoning behind the 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 misstatement 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 statements, 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:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's 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 with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 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 (Scotland) 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, for this report, or for the opinions we have formed. 


## **Rachel Doyle ACA DChA (Senior Statutory Auditor)** 

August 7, 2026 for and on behalf of 

**MHA** 

Aberdeen United Kingdom 

MHA is eligible for appointment as auditor of the Charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006. 

MHA is the trading name of MHA Audit Services LLP, a limited liability partnership in England and Wales (registered number OC455542) 

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Docusign Envelope ID: D52C82C6-51D7-8A29-818E-30F249E3E56C 

## **CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** 

## **FOR THE YEAR ENDED 31 MARCH 2026** 

|**Unrestricted**<br>**Restricted**<br>**funds**<br>**funds**<br>**2026**<br>**2026**<br>**Notes**<br>**£**<br>**£**<br>**Income from:**<br>Donations and legacies<br>**3**<br>18,132<br>-<br>Charitable activities<br>**4**<br>1,263,501<br>-<br>Interest recieved and<br>similar income<br>**5**<br>2,008<br>-<br>**Total income**<br>1,283,641<br>-<br>**Expenditure on:**<br>Charitable activities<br>**6**<br>1,155,498<br>2,141<br>**Total expenditure**<br>1,155,498<br>2,141<br>**Net incoming/(outgoing)**<br>**resources before transfers**<br>128,143<br>(2,141)<br>**Reconciliation of funds:**<br>Fund balances at 1 April 2025<br>968,702<br>8,852<br>**Fund balances at 31 March**<br>**2026**<br>1,096,845<br>6,711|**Total**<br>**Unrestricted**<br>**Restricted**<br>**funds**<br>**funds**<br>**2026**<br>**2025**<br>**2025**<br>**£**<br>**£**<br>**£**<br>18,132<br>14,465<br>16,796<br>1,263,501<br>1,258,709<br>-<br>2,008<br>2,070<br>-<br>1,283,641<br>1,275,244<br>16,796<br>1,157,639<br>1,128,296<br>7,944<br>1,157,639<br>1,128,296<br>7,944<br>126,002<br>146,948<br>8,852<br>977,554<br>821,754<br>-<br>1,103,556<br>968,702<br>8,852|**Total**<br>**2025**<br>**£**<br>31,261<br>1,258,709<br>2,070|
|---|---|---|
|||1,292,040<br>1,136,240|
|||1,136,240|
|||155,800<br>821,754|
|||977,554|



The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 

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Docusign Envelope ID: D52C82C6-51D7-8A29-818E-30F249E3E56C 

## **CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME BALANCE SHEET** 

## **AS AT 31 MARCH 2026** 

|**Notes**<br>**Fixed assets**<br>Tangible assets<br>**12**<br>**Current assets**<br>Stocks<br>**13**<br>Debtors<br>**14**<br>Cash at bank and in hand<br>**Creditors: amounts falling due within**<br>**one year**<br>**15**<br>**Net current assets**<br>**Total assets less current liabilities**<br>**The funds of the Charity**<br>Restricted income funds<br>**18**<br>Unrestricted funds<br>**19**<br>Unrestricted funds - revaluation reserve<br>**19**|**2026**<br>**£**<br>**£**<br>721,680<br>1,721<br>52,846<br>464,037<br>518,604<br>(136,728)<br>381,876<br>1,103,556<br>6,711<br>777,426<br>319,419<br>1,103,556|**2025**<br>**£**<br>**£**<br>768,181<br>1,721<br>53,729<br>288,907<br>344,357<br>(134,984)<br>209,373<br>977,554<br>8,852<br>639,611<br>329,091<br>977,554|**2025**<br>**£**<br>**£**<br>768,181<br>1,721<br>53,729<br>288,907<br>344,357<br>(134,984)<br>209,373<br>977,554<br>8,852<br>639,611<br>329,091<br>977,554|
|---|---|---|---|
||||977,554|
||||8,852<br>639,611<br>329,091|
||||977,554|



August 7, 2026 

The financial statements were approved by the Trustees on ......................... 

.............................. Ronald Holden **Trustee** 

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Docusign Envelope ID: D52C82C6-51D7-8A29-818E-30F249E3E56C 

## **CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME STATEMENT OF CASH FLOWS** 

## **FOR THE YEAR ENDED 31 MARCH 2026** 

|**Notes**<br>**Cash flows from operating activities**<br>Cash generated from operations<br>**23**<br>**Investing activities**<br>Purchase of tangible fixed assets<br>Investment income received<br>**Net cash used in investing activities**<br>**Net cash generated from financing activities**<br>**Net increase in cash and cash equivalents**<br>Cash and cash equivalents at beginning of year<br>**Cash and cash equivalents at end of year**|**2026**<br>**£**<br>(18,730)<br>2,008|**2025**<br>**£**<br>**£**<br>**£**<br>191,852<br>226,082<br>(134,138)<br>2,070<br>(16,722)<br>(132,068)<br>-<br>-<br>175,130<br>94,014<br>288,907<br>194,893<br>464,037<br>288,907|
|---|---|---|



- 12 - 



Docusign Envelope ID: D52C82C6-51D7-8A29-818E-30F249E3E56C 

## **CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME NOTES TO THE  FINANCIAL STATEMENTS** 

## **FOR THE YEAR ENDED 31 MARCH 2026** 

## **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 Basis of preparation** 

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 £126,002 (2025 - £155,800), after a non-cash depreciation charge of £65,231 (2025 - £59,691). Excluding depreciation, a surplus of £191,233 (2025 - £215,491) 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 £381,876 at 31 March 2026 and the cash at bank and in hand has increased from £288,907 as at 31 March 2025 to £464,037 at 31 March 2026. 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 March 2027 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. 

- 13 - 



Docusign Envelope ID: D52C82C6-51D7-8A29-818E-30F249E3E56C 

## **CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** 

## **FOR THE YEAR ENDED 31 MARCH 2026** 

## **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. 

- 14 - 



Docusign Envelope ID: D52C82C6-51D7-8A29-818E-30F249E3E56C 

## **CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** 

## **FOR THE YEAR ENDED 31 MARCH 2026** 

## **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. 

## **1.13 Leases** 

Rentals payable under operating leases, including any lease incentives received, are charged as an expense on a straight line basis over the term of the relevant lease. 

- 15 - 



Docusign Envelope ID: D52C82C6-51D7-8A29-818E-30F249E3E56C 

## **CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026** 

## **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 £721,680 and the depreciation charged during the year was £65,231. 

- 16 - 



Docusign Envelope ID: D52C82C6-51D7-8A29-818E-30F249E3E56C 

## **CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** 

## **FOR THE YEAR ENDED 31 MARCH 2026** 

## **3 Donations and legacies** 

|**Unrestricted**<br>**Restricted**<br>**funds**<br>**funds**<br>**2026**<br>**2026**<br>**£**<br>**£**<br>Donations and gifts<br>18,132<br>-<br>**4**<br>**Charitable activities**<br>Residents board income|**Total**<br>**Unrestricted**<br>**Restricted**<br>**funds**<br>**funds**<br>**2026**<br>**2025**<br>**2025**<br>**£**<br>**£**<br>**£**<br>18,132<br>14,465<br>16,796<br>**2026**<br>**£**<br>1,263,501<br>1,263,501|**Total**<br>**2025**<br>**£**<br>31,261|
|---|---|---|
|||**2025**<br>**£**<br>1,258,709|
|||1,258,709|



All income from charitable activities in the current and prior year is unrestricted in nature. 

## **Government grants** 

Residents board income includes £441,510 (2025 – £361,650) from local authorities which meet the SORP definition of a government agency. 

## **5 Interest recieved and similar income** 

||**Unrestricted**|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2026**|**2025**|
||**£**|**£**|
|Interest receivable|2,008|2,070|



- 17 - 



Docusign Envelope ID: D52C82C6-51D7-8A29-818E-30F249E3E56C 

## **CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** 

## **FOR THE YEAR ENDED 31 MARCH 2026** 

## **6 Charitable activities** 

||**Maintenance**|<br>**Maintenance**|
|---|---|---|
||**of residents**|**of residents**|
||**2026**|**2025**|
||**£**|**£**|
|Staff costs|829,641|754,008|
|Depreciation and impairment|65,231|59,691|
|Provisions|61,625|68,776|
|Residents activities|3,047|2,207|
|Donations and gifts paid|3,000|-|
||962,544|884,682|
|Share of support costs (see note 7)|173,314|203,045|
|Share of governance costs (see note 7)|21,781|48,513|
||1,157,639|1,136,240|
|**Analysis by fund**|||
|Unrestricted funds|1,155,498|1,128,296|
|Restricted funds|2,141|7,944|
||1,157,639|1,136,240|
|**Support costs allocated to activities**|||
||**2026**|**2025**|
||**£**|**£**|
|Operating lease charges|34,250|31,119|
|Rates|7,656|6,779|
|Insurance|15,660|13,139|
|Light and heat|38,312|41,588|
|Repairs and maintenance|65,935|82,977|
|Postage and stationery|3,089|4,502|
|Telephone|3,609|3,756|
|Agency costs|-|11,310|
|Sundry expenses|4,803|7,875|
|Governance costs|21,781|48,513|
||195,095|251,558|



- **7 Support costs allocated to activities** 

- 18 - 



Docusign Envelope ID: D52C82C6-51D7-8A29-818E-30F249E3E56C 

## **CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** 

## **FOR THE YEAR ENDED 31 MARCH 2026** 

|**7**<br>**Support costs allocated to activities**<br>**Governance costs comprise:**<br>Audit fees<br>Accountancy<br>Legal and professional<br>**8**<br>**Net movement in funds**<br>The net movement in funds is stated after charging/(crediting):<br>Fees payable for the audit of the charity's financial statements<br>Depreciation of owned tangible fixed assets|**(Continued)**<br>**2026**<br>**2025**<br>**£**<br>**£**<br>13,640<br>15,300<br>3,126<br>4,440<br>5,015<br>28,773<br>21,781<br>48,513<br>**2026**<br>**2025**<br>**£**<br>**£**<br>13,640<br>15,300<br>65,231<br>59,691|**(Continued)**<br>**2026**<br>**2025**<br>**£**<br>**£**<br>13,640<br>15,300<br>3,126<br>4,440<br>5,015<br>28,773<br>21,781<br>48,513<br>**2026**<br>**2025**<br>**£**<br>**£**<br>13,640<br>15,300<br>65,231<br>59,691|
|---|---|---|
|||48,513|
|||**2025**<br>**£**<br>15,300<br>59,691|



## **9 Trustees** 

During the year donations of £2,785 (2025 - £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 either year. 

## **10 Employees** 

The average monthly number of employees during the year was: 

|Employees<br>**Employment costs**<br>Wages and salaries<br>Social security costs<br>Other pension costs|**2026**<br>**Number**<br>31<br>**2026**<br>**£**<br>748,098<br>68,859<br>12,684<br>829,641|**2025**<br>**Number**<br>36|
|---|---|---|
|||**2025**<br>**£**<br>699,666<br>42,424<br>11,918|
|||754,008|



There were no employees whose annual remuneration was more than £60,000. 

- 19 - 



Docusign Envelope ID: D52C82C6-51D7-8A29-818E-30F249E3E56C 

## **CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** 

## **FOR THE YEAR ENDED 31 MARCH 2026** 

|**10**|**Employees**||**(Continued)**|
|---|---|---|---|
||**Remuneration of key management personnel**|||
||The remuneration of key management personnel was as follows:|||
|||**2026**|**2025**|
|||**£**|**£**|
||Aggregate compensation|138,171|148,307|



## **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**<br>**and buildings**<br>**Fixtures and**<br>**fittings**<br>**£**<br>**£**<br>**Cost**<br>At 1 April 2025<br>901,357<br>428,985<br>Additions<br>11,453<br>7,277<br>At 31 March 2026<br>912,810<br>436,262<br>**Depreciation and impairment**<br>At 1 April 2025<br>302,099<br>260,062<br>Depreciation charged in the year<br>22,729<br>42,502<br>At 31 March 2026<br>324,828<br>302,564<br>**Carrying amount**<br>At 31 March 2026<br>587,982<br>133,698<br>At 31 March 2025<br>599,258<br>168,923|**Total**<br>**£**<br>1,330,342<br>18,730|
|---|---|
||1,349,072|
||562,161<br>65,231|
||627,392|
||721,680|
||768,181|



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 £257,427 (2025 - £270,166). 

## **13 Stocks** 

|**Stocks**|||
|---|---|---|
||**2026**|**2025**|
||**£**|**£**|
|Stock|1,721|1,721|



- 20 - 



Docusign Envelope ID: D52C82C6-51D7-8A29-818E-30F249E3E56C 

## **CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** 

## **FOR THE YEAR ENDED 31 MARCH 2026** 

## **14 Debtors** 

|**Amounts falling due within one year:**<br>Other debtors<br>Prepayments and accrued income|**2026**<br>**£**<br>43,066<br>9,780<br>52,846|**2025**<br>**£**<br>52,815<br>914|
|---|---|---|
|||53,729|



## **15 Creditors: amounts falling due within one year** 

|**Notes**<br>Other taxation and social security<br>Deferred income<br>**16**<br>Trade creditors<br>Other creditors<br>Accruals|**2026**<br>**£**<br>11,159<br>70,949<br>20,826<br>-<br>33,794<br>136,728|**2025**<br>**£**<br>13,272<br>69,145<br>18,799<br>9,785<br>23,983|
|---|---|---|
|||134,984|



## **16 Deferred income** 

Income from residents maintenance charges of £70,949 (2025 - £69,145) 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**|||
|---|---|---|
||**2026**|**2025**|
|**Defined contribution schemes**|**£**|**£**|
|Charge to profit or loss in respect of defined contribution schemes|12,684|11,918|



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. 

At the year end, contributions of £nil (2025- £nil) were payable to the scheme. 

## **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**|**Incoming**|**Resources**|**At**|**31**|**March**|
|---|---|---|---|---|---|---|---|---|
||||**2025**|**resources**|**expended**|||**2026**|
||||**£**|**£**|**£**|||**£**|
|Welfare unit|||8,852|-|(2,141)|||6,711|
||||8,852|-|(2,141)|||6,711|



- 21 - 



Docusign Envelope ID: D52C82C6-51D7-8A29-818E-30F249E3E56C 

## **CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** 

## **FOR THE YEAR ENDED 31 MARCH 2026** 

|**18**|**Restricted funds**||||**(Continued)**|
|---|---|---|---|---|---|
||**Previous year:**|**At 1 April**|**Incoming**|**Resources**|**At 31 March**|
|||**2024**|**resources**|**expended**|**2025**|
|||**£**|**£**|**£**|**£**|
||Welfare unit|-|16,796|(7,944)|8,852|



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. 

||**At 1 April**<br>**2025**|**Incoming**<br>**resources**|**Resources**<br>**expended**|**Transfers**|**At 31 March**<br>**2026**|
|---|---|---|---|---|---|
||**£**|**£**|**£**|**£**|**£**|
|General funds|639,611|1,283,641|(1,155,498)|9,672|777,426|
|Revaluation reserve|329,091|-|-|(9,672)|319,419|
||968,702|1,283,641|(1,155,498)|-|1,096,845|
|**Previous year:**|**At 1 April**|**Incoming**|**Resources**|**Transfers**|**At 31 March**|
||**2024**|**resources**|**expended**||**2025**|
||**£**|**£**|**£**|**£**|**£**|
|General funds|480,117|1,275,244|(1,128,296)|12,546|639,611|
|Revaluation reserve|341,637|-|-|(12,546)|329,091|
||821,754|1,275,244|(1,128,296)|-|968,702|
|**Analysis of net assets between**|**funds**|||||
||||**Unrestricted**|**Restricted**|**Total**|
||||**funds**|**funds**||
||||**2026**|**2026**|**2026**|
||||**£**|**£**|**£**|
|**At 31 March 2026:**||||||
|Tangible assets|||714,969|6,711|721,680|
|Current assets/(liabilities)|||381,876|-|381,876|
||||1,096,845|6,711|1,103,556|



## **20 Analysis of net assets between funds** 

- 22 - 



Docusign Envelope ID: D52C82C6-51D7-8A29-818E-30F249E3E56C 

## **CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** 

## **FOR THE YEAR ENDED 31 MARCH 2026** 

## **20 Analysis of net assets between funds** 

|**Analysis of net assets between funds**|||**(Continued)**|
|---|---|---|---|
||**Unrestricted**|**Restricted**|**Total**|
||**funds**|**funds**||
||**2025**|**2025**|**2025**|
||**£**|**£**|**£**|
|**At 31 March 2025:**||||
|Tangible assets|759,329|8,852|768,181|
|Current assets/(liabilities)|209,373|-|209,373|
||968,702|8,852|977,554|



## **21 Operating lease commitments** 

## **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: 

|Within one year<br>Between two and five years<br>In over five years|**2026**<br>**£**<br>12,574<br>43,863<br>2,544<br>58,981|**2025**<br>**£**<br>16,932<br>52,679<br>5,937|
|---|---|---|
|||75,548|



Lease costs recognised as an expense under non-cancellable operating leases amounted to £17,864 (2025 - £31,119) during the year. 

## **22 Related party transactions** 

## **Transactions with related parties** 

During the year the Charity entered into the following transactions with related parties: 

||**Services received**||
|---|---|---|
||**2026**|**2025**|
||**£**|**£**|
|Summerhill Home (Aberdeen) Limited|3,000|-|
|Key management personnel|-|9,521|
||3,000|9,521|



During the year the Charity made non repayable donations totalling £3,000 to Summerhill Home (Aberdeen) Limited, a company for which certain trustees of the Charity also serve as directors. 

In the prior year, services to a value of £9,521 were received from Aberdeen Straightway Ltd, a company in which Mr Graeme Bowie, a member of the charity's key management personnel, serves as a director. 

- 23 - 



Docusign Envelope ID: D52C82C6-51D7-8A29-818E-30F249E3E56C 

## **CHRISTIAN BRETHREN SUMMERHILL EVENTIDE HOME SUMMERHILL HOME NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** 

## **FOR THE YEAR ENDED 31 MARCH 2026** 

|**23**<br>**Cash generated from operations**<br>Surplus for the year<br>**Adjustments for:**<br>Investment income recognised in statement of financial activities<br>Depreciation and impairment of tangible fixed assets<br>**Movements in working capital:**<br>Decrease in debtors<br>(Decrease) in creditors<br>Increase/(decrease) in deferred income<br>**Cash generated from operations**|**2026**<br>**£**<br>126,002<br>(2,008)<br>65,231<br>883<br>(60)<br>1,804<br>191,852|**2025**<br>**£**<br>155,800<br>(2,070)<br>59,691<br>21,318<br>(2,955)<br>(5,702)<br>226,082|
|---|---|---|



## **24 Analysis of changes in net funds** 

The Charity had no material debt during the year. 

- 24 -