Charlties Number. SC025685 Ard•on Church Of Christ Flnanclal Staternents ForTh• Year Ended 31 Dec•mbor2024
Aberdeen chch of Chrfst Page Truslees Rept Ind#ndant Exan"ners RèpNi Receipts & Payments Ac£cMmt Statemerrt Of Bdances Noteg to Ihe Aca)unls
Trust••8' Annual R•port Ac¢ounts for th• y•ar •nd•d 31 D•£•T 2024 Scotlish Ch8rity Number SC025685 Current Trusl•oS ContaGt Addrv58 Recrultment and Appokntm•nl of Tru$t••s All of the churth's truslees ar8 apwmntad in acccrdance the trust deed and are 8ul4ect to revlow al the annual congregats.ond meeting thch is hdd in ma LY N)nl of each yB8r. Governlng Document The chlbrth is a charitabl8 unIncpDI8Ied cwganisa11 and Ihe wrposes and administration arrangements arg set out in our Degd ol Conitulion. Charltabl• Purpos Our purpose, as recryded in txjr D8èd of C¢)nstilutson. Is ihe advancemenl of Ihe Christian faith by making PTovision Yor regukqr a(ts ol worshlp, preathlng the Gospel. teachiry and Instsijcuon in the Word of GCMJ and In engaglng In works of bonevdence all in confrymty the commwlds and pattem set forth in the New Testsmenl Scriptur68. Actlvltl•• and Achl•v•m•nt• In the year, we cwlinued lo provide fLV the thurthes are5 t••thin OLW LKtilthng 81393 George Slrert Aberdeen. The Gongregaticn meets evw Sunday and on a number of ocG8sions mld week. We have (x)nlinue(I lo alkm the tIlding lo b8 used by the Care Hub, a local tharilab grp who provide hot meals, ctjthing and other ltery to disadvantaged Fvle. This groupls experiencing sorne difflcultie5 With dknlnlshlng interest fr(Mn vdunteets and abtsive behathour from some of Ihe seMee users. They are revlewlng the situalion and antsupate rèstdct'ng or Fthaps discontinuing Ihelr use of th& buikliTrJ. We continue to provide finandal support lo missionary work in India, PhllipFine8 and Pakistan. We 8180 finandal donatnS lo members ol the thurch and otheis who were suffenng hardship. Tru8t•• R•mun•rnllon and Expm••• The trustees did not receive any remuneratiorj or expenses during the yew. R•M•rv•8 The charity genwated a defi(it of £16.92912023 surF4us £14.8801 is detailed in the attathed financial statements. Al the ye8r end the total ol unreslricled reSeS by Ihe were £66,007. Ofthis £1 hes been deslgnated by the tnJstEes to supwt evange49ts in the area and £51,933 has been dgnated for fijture fAJ8ts 8ssoty8led wth {y1ng (he bLMlding. The trustees consider that suffiuent fvnds are held to alknv chwth to Cnve its activities as present. Approv8d by the tnjslees 3nd signèd on Ih8ir beh3ff Page 2
Independent Examlnefs Report lo the Tn•es of Abel Chwch Of Ctsist I report on the acccArts Crt the d)arity for the year ended 31 Deceth 2024 we set out on pages 4 to 6. R•sp•ctlv• r•wonslbllltl•8 oltrusteè and examlnèr Th8 cbarily's trust8es are r8sponsible for the pr8par81ion crfthe aecwnts in accordance vthth the tèmis ol the Chties and Trustso Inveslmwl Acl {So)Ilw)d) A¢X 2005 and the Charits'es ArUnts (SttandI Regulations 20C6. The olanty trustees cffider that the audit requirement if Regulation 10111 Idl of the Acryjurts Regulgtions does not apF4y. 11 15 my reS[sibIlIty to examlnts the attknunls as required under sedion 4411)Icl d Ihe Acl afMI io state thether pkn"oJ¥ mattws have c>Th to my attention. Ba•ls of Snd•pwKl•rt ?xamln•rf• Itatemert My examinatson is Gqnied out in ac0)rce ReThlab"(n 11 olthe Charlts'ès Acr£mls {Scthand Regulaiions 2tMJ6. An eXaDatIOn indudes a meW of r&dS kepl by the ttiarity and 8 corrpanson of tha airounts pre$thd wilh ltsjse re111$. 11 also Indud•s nsld8f8D'on ot any wusual items or disdoyjres In the accounts, and sè8ks eyplBnations from the trustees CAJneAming any matter. The procedwes undert8k8n do not provide 811 lh 8¥id•nce Ih8t would be requir&J in an audit. and cvnsequently I do I)t expr an audit cFxnion pn Ihe %&ieW gi¥n ty the accounts. Ind•p•nd•rt •x4mln•f4 •t•t•Thrt In the course of ry exaftwn4tion, no m8tter has come to my Attents'on 1. vthith givè• me rYH•on8tAo c•use to beliov• Ihat in any mat.&1 Tèepefa qUiTerneI?'. - to k¢ep a(Eounbng record8 in aCrdanCe with Se('on 4411118) of Ihe 2005 Ac and Regulotion 4 of Ihe 20C6 Atxots Regulatson4 aThJ . lo prepare acCnts aclxrd llh the ac£4)uitTrJ recA)rd# and I)lY ith Regulation g 01 the 2CQ6 Accounts RegLlatsons have not teen Met, OT 2. to Nthith, in my opinion. attenlion 3hcrfJld b8 dran in oth lo enable a prowr understandlng of the acwunts to be r8athed. Page 3
Aberd 24 2023 Donations Received Deed 01 Covenant Recapt Interest ReiVed Loan Repayment Total Recapts 47.263 4.432 5,017 400 52,095 44,651 Payment• Chantable Donats'ons made utilits.es In$ur8nce Trav Sundry E4)enses Support lor Local Evangelists 8uilding Maintenanc• Loan advanced Care Hub eypen¥es Tolal Payments 12.4 5,628 3,411 975 2.720 1.2CKJ 28.656 9,143 6,372 2.977 1,122 1,800 251 10.280 61.580 37.215 Surplus I (Defioll for Year 16.929 14,880 All lunds ore reStrio The Notes on page 6 ftym an integral wt rrflhese ac£LwJnts. Page 4
2024 2rJ23 Openlng bt¢ Sury>luIDefi0tTr for bosing bAlaP.ce 82.936 16.929 68.056 14,880 Gèn•r81 fiJnds Desiqnated e4angelist fvnd D¢slkThtt•J Ixthldlng fiw¥J 14.073 8.053 Sl 74.832 82,936 51.933 66,0ts7 t¥JlldlNJ. por tru8tM8valuaU 160.(X)O 12.480 172.480 160,000 10.280 170,280 e.haiital4• 0Ort 30 30 I funds •re 1¢$1 Approved by the Iru5tees on Ihe .07.25 and signed their thaif.
Aberde•n Church of ChTi5t 1. Bas18 of accountlNJ These accounts have been prepar•J the Receipts and PaYrTts bag's in aLrordants ith the Charities & Trustee Invesbnent (SC&VJ) Ad 2005 and the Chontses A¢onts RegatiOnS 20( (as amended). I Incomlng res(¥ur¢•s All voluntary income le.g. donations received) are accyxu)ted fcrf rec. Tax recovered ¢)n &"ft Aid donations is ac£Ced for Teceive(L Bank interest is 8cuunted ftjr th recthd. Naturv and purpm of ndS Unr8stricièd funds are those that rw be used at the th'suellon of the trustees in furtheranc8 of the objecas of Ihe charity. D88ignal8d fund8 are urrerided funds Ihat the Iwst668 of the thanty have dgnated for specific purpose. Relit•d party trnnBactlon• The Irustegs did nol recwve any reTrnratiOn or e>panses in the ojrrent or prior year. Page 6