SUMMIT CHURCH
scorrisH CHARITY NUMBER SC033567
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
s u tv1 M l T
C H U R C P4
OSCF
Registered
Charity
SCO33567
Scottish Charity Regulator
www.oscr.org.uk
Peter I-Iall Fin2nce & Accounting
CertIf￿d Pubb,.A¢LvuAlaAI LTK 102277114
rllfiqtt

ANNUAL REPORT & FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31StMARCH 2025
CONTENTS
Trustees, Annual Report.......................................................................................
IndeFendent Examine¢s Report........................................ ...
Statement of Receipts Payments & Statement of Balanos..
Notes, and other details.........
.10-11

SUMMIT CHURCH
TRUSTEES. ANNUAL REPORT
ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
Scottish Chwity Number SC033567
CURRENT TRUSTEES
The trustees who tr￿Id offic8 during ihe peficKI under review were:
The trustees present their rèport and accounts fof th8 y6ar &Th￿ed 31 sl March 2025. This
report is prepared n accordance with the constrtution and Ihe recornmendations of the
St8t6ment of Recomrnend￿j Practice - Acc£xJnting and Reportiro by Charrties and complies
with applicabb law.
RECRUITMENT ANDAPPOINTMENT OF TrUSTEES
The rn￿agement of the charity is t￿ responsibility IA the trusiees wlh) are elected and
Co-opted undw the temis of tre COnst￿rtIon.
GOVERNING DOCUMENT
The charity, which is a reco3nised charity in Scotland, is operatad under the rules d its
constitution dated 19 August 2002.
ACTIVITIES AND ACHIEVEMENTS
The past year has been a y8ar of both change and progress Notably w8 cLritinu8d our fund
raising for our building project and were able to get the work completed in July and August of
2024. This increased our capacity by an extra 50% making fcK a more CLYnfortable worship
expertence and allowng us rcom fcff gro%￿h, as well as improvirrfJ our ability to use the thurth
as a comrnunity hLt) where both thurch & non<hurch people can feel welcome. Although it
was a considerable financial investment it has changed the dYnarn￿s of our church, and we
are already seeng the benefits.
Ultimatety, the txjilding is just a tool for nelplng the people Df Sprlngbum and GiasgL
praaically & reaCh￿g them with Ihe gcA)d news of Jesus Christ and we have seen growth in
many of our groups especially OLr Community Calé which was restricted by the small space
availab￿ due to p￿tItion walls. bye have seen attendances almost double al the Cafè each
week. We were also able to host a Youth Alpha course toward the end of 2024 which
attracted 20-30 young people each week induding many from outsNJe our church.
We also Contin￿ to have B8sic English dasses Tuasd8y eV￿1n9S arKI rnw also Tfxjrsday
mornings along$id8 th8 Café whith have beon a sourcA of 8raJurffj8m8nt & comrnunty to
many irrespective of their faith or rets'gK)n.
Church lrfe has continued to thrive, and Sunday momings are now busier than evar with an
average of around 130 adu￿5 & kids jcining cjur worship service each Sunday m(xning, the
environment is now busy but not overnvhelmingly cramFed as it was Previously. This has
resutted in several new families joining OLff thurch as well as some leaving due to moving ryJt
of the Springbum area, but we celebrate the diversity in age & cultures that we have in
Summit Church. IAÈ have also increasinyy Seen mor6 and more volunteers in the Glurch,
which is very h￿lthy, arvj more people are beginning to t&e ovmersttip rather than just
attend. September 2024 was also Nvhen we officially changed name from Sprrtgbum
Assemblies of God Church to Summit Churth which is symbolic of vtsre we 8re situated in
city of Glasgow.

Springbum is the highost point in north of tha city of Glasgow, arKI we beliave that not
only physically but also spiritually God has pogticn us to be a 'city on a hill which cannot be
hidd&n' _ Mstthew 5..14 and so we are aimir¥J with God's help to be exactly that.
are excited for the rpxt year too and all that is ahead of us.
TRUSTEEE REMUNERATION AND EXPENSES
eC8Ev￿I remuneration of 36,710 (£21,319 in 2023) during the year
for his serVI￿S to Ihe cnarty. He was also paid £914 tovftrds his Auto Enrolm8nt Pension.
FINANCE REPORT
The financial year erKled 31 ST March 2025 has Lpen a 5wJnlfi￿nt year for Assemblies of
God, Palermo Street, marked by both substantial investment in Ihe Church's fa¢ilities and
continued farthful givng frcffl the ¢cfi￿egatIOn aThJ supporters.
Income
Tot41 inccme fcr the year anount8d to £112,585. r8presentirvJ a consid8rabl8 incr8as8 from
£82,198 in the wevious year. Tr wimary sources of inCL￿e included..
Offerings.. £54,444 (2024.. £49.703)
Grft Aid receNed.' £l4,469I2￿24.' £3,233)
Grant FuThJing: £22,￿)0 (2024: £18,4CO)
Building Fund dOnati￿s. £12,835 (2024". £2,78J)
This increase reflects both a steady pattem of congregation81 gNing and %Jccessful efforts in
obt8ining external grant S￿)F￿￿t to furKI specific wojects.
nditu
Tot81 expenditLre for tha year was £170,819, more than double the prior year's total of
£74,130. Thks rgfiocts a period of capital investrnent and min￿trY expansion, includng:
Building Expgnse$.' £96,976 (2024.. £2.437), r8fi8CtirvJ significart rerK)v81ion and
irfraslrucbJr8 inv8stment.
Sal8ri8s Wages.. £4S,424 {2024'. £36.588), including statfing for rntnisty, youih.
arKI operations.
Missionary Offerings: £4,083
Hospitality and 0￿reach.. £2.493
Ins￿ance, Metha, Software, Subscriptk?ns, arKI ￿￿MIn. £10.843 cornbinod
This level of expenditure al￿nS with the CtrHJrch's strategic aim to expand ts capacbty and
(x)mmunty outreach, particularly in its facilits'es.
Net Movement Fun
The financial year c￿Cluded with a net deficit of £58,233, refiecting planned sFendTng on
Ixjilding-relaled prujects. The previous year h&J entsd with a surplus of £8,￿.
RESERVES
As 8t 31 st Mardi 2025. the Church held unrestric*ed reserves of £95,753, n compwison to
£137,835 at the end of Ihe previous financial year. The decfea86 refiecis a planned deficrt of
£58.233, primarily duè to ￿gnrficAnI invastment in building works and mnistry-relat8d
activiti88. Th8 Church also rètains a Prop8rty Revaluat￿n Rowve 01 £16.151, unchanged
from ￿ previous year,
The Trustees coniinuo to monitor the Churth's reserves in line with its c¥p8rati)nal n*Js
future pkgnnng Despite the reduCt￿n in unrestrided funds durng the year, tl* Church
remains in a scjjnd financial positicn, with ￿ff￿lent resowces to meet al ￿rrent
commitment5 and orooing operational costs.

The reseNes provide a vital buff8r against unforeseen costs and support future strategic
developments. The Churth is fully insured, and the property ts well maintained. The Trust88S
are confident ttrpt the current lev81 of reserves is adequate io sustain the Church's work
mission, including potentkgl future repairs, ministry expansion, ar￿ CAJnrnunity grvJagement.
The reseNes policy is reviewed annually to ensure that an approFxiat8 level of unrestrded
funds is maintained, ￿nsiderng both the d8y-to4ay r￿nIng costs and any d8svJnated or
future capital projects.
RISK ASSESSMENT
The trustees have c(nsKJered Ihg major risks faced by the Church and have reviewed the
ocedures in pla￿ designed to manage these ri3k3. In particular. poliGies and ￿0¢¢thIre8
are in place for the protectKsn of children and vuIr￿rab1e adults.
Approved by the Trustees and signad on th•ir behalf:
St8phen Keith Robbins
Pastor and Trustee
Date: 10
a02S

INDEPENDEPtr EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2025
TO THE TRUSTEES OF "SUMMIT CHURCH"
Scottish Registered Charity SC033567
I report on the accounts of the charity for the year end￿ 3 1ST March 2025 which are set out
on pages 5 t(1 7.
nsibilitie
The charity's truslees are responsible for the preparation of the acwunts in aLwrdance with
the tcrn)s of th¢ Charities and Truslc¢ Invcstm¢nl (Scotland) 2(X)S Act and th¢ Charities
Accounts (Scotland) Regulations 2tK)6. The charity trustc¢s consider that the audit
rcquiremcnt of Regulation l O( l ) (a) to (c) of th¢ Accounts Regul￿10￿5 d￿$ not 4)pty. It is
my [￿￿nSibIlity to ￿￿nIn¢ the accounts as requira under section 44(l) (G) of th¢ Act and
to stal¢ wbcthw particular nutt¥Ys hav¢ to my att¢ntion.
Basis of audit o
ini(
My ex￿niDatI(￿ is Carri￿ out in a¢L￿dance with Regulation I l of the Charities Accounts
(Scotland) Regulations 2006. An examination includes a review of the xcounting reLx)rds
kept by the charity and a conwarison of the accounts presented with those records. It also
includes consideralion of any unusual items or disclosures in the accounts and seeks
explanats'ons from the trustees concerning any such matters. The procedures und¢rtaken do
ot provide all the ei'idence that would be rquir￿ in an auth't an(L Lx)ns¢quently, I do not
express an autht opinion on the accoun
Ind endeni Examiner's statement
In the COUTS¢ of nry examinatio￿ ao matter has come to my attention
which gives me re&8onable cause to believe that in any matetial respect the Tequiremenls:
to keep acwunting records in acLI)rdance with s¢ction 44(1) (a) of the 2005 Act and
R¢gulation 4 of the 2006 AGcounts Regulation& and
to prepare accounts which &cord with the accounting r￿OrdS and comply with
Regulation 9 of the 2(K16 Acc4)unts Regulations
have not been meL
to Whic￿ in my opinion. attention should be drawn in order to enable a proper
underthding of the accounts to be reache<L
rirt ￿￿1 r I¥iUnLe Ot A￿vUl1111]g Solutions
of Tillicoulty, Clackntsnnanshire. FK13 6DR
Certlfied Publlc Accountant UK 10227712A

SUMMIT CHURCH
RECEIPTS AND PAYMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Unrestricted Restrictsd Totsl
funds
funds
funds
2025 2024
Further
Detsils
Income & endowments from:
Donations & Legacies
Charitable Activities
Other Trading Activities
Investments
Other
98,116
98,116 78,964
14,469
14,469
3.234
Totsl
112,585
112,585 82,198
Expendlture on:
Raising Funds
Charitable Activities
Other
73,083
97,736
73,083 73,167
97.736
963
Total
170,819
170,819 74,130"-
Net Receiptsl(payments)
Transfers between funds
(58.2331
(58,233)
8,068
Gains on revaluation of
Fixed Assel
16.151
Reconciliation of funds
Total funds bought forward
Total funds carried fO￿ard
153,986
95,753
153,986 129,767
95.753 163,986
Unrestrlcted Restrlcted
fvnds
funds
Prior
Period
Statement of Balances
Total
Cash & Bank balances at stsrt of the year
Surplusl{deficit) shown
Property Revaluation Reserve
Cash & Bank balances at end of the year
153,986
(58,233)
153,986 129,767
(58,233)
8,068
16,151
95,753 153,986
95,753

SUMMIT CHURCH
RECEIPTS AND PAYMENTS detsiled fofthe year 318t March 2025
Recelpts
2025
2024
Note
Building Fund
Gift Aid received
Grant Funding
Miscellaneous
Missionary Offerings
Offerings
Property Income
Youth Income
12,835
14,469
22,500
2.780
3,233
18,400
133
700
49,703
6,383
866
270
6,737
1,330
Total Receipts
112,585
82.198
Payments
Assembly of God Expenses
Building Expenses
Church Supplies
Communications
conferen￿ & Travel
Donations
Heat & Light
Hospitality
Insurance
Kids
Media
Missionary Offerings
Office
Other Expenses
Outreach
Repairs & Renewals
Repairs & Renewals- Flat
Salaries & Wages
Software
Speakers Expenses
Subscriptions & Fees
Sundry
Youth
Youth Camp
Youth Pastor
1,300
96,976
1,560
2,437
1,757
557
180
364
2,949
.4,211
1,424
1,750
3,046
1,944
1,892
570
2,960
4,083
1,045
916
549
1,471
760
46,424
3.428
5,970
2,914
963
36.588
429
2,664
2,792
487
1,852
494
5,242
Totsl Payments
170,819
74.130
Surplus Receipts (Payments)
(58,233)
8,068

SUMMIT CHURCH
BalanG• She•t
FOR THE YEAR ENDED 31 MARCH 2024
2025
2024
Note
FIX￿ Assets
Investment Propety
85,000
85,0
CurrentAssets
Bank
Cash on Hand
Net Current Assets
10.753
68.986
10.753
68,986
Net Assets
95,753
153,986
Reserves
General Funds
Net Receipts
Property Revaluation Reserve
137.835
(58,233)
16,151
129,767
8.068
16,151
Total Funds of th• Charlty
95,753
163,986
All funds are unrestrict&J
Note:
The chanty owns the church at 20 Palem￿ Street
The value of this is not reajily ascertainable,
however, it is valued at £1,024.999 for insurance purposes.

NOTES TO BALANCE SHEET
AS AT 31 MARCH 2024
1. Accounting policies
1.1 Basis of preparation of financial statsments
The financial statements have been prepared under the historical cost convention,
and under UK GAAP on a Receipts & Payments basis.
The following principle accounting policies have been applied
1.2 Tangible fixed assets
Investment property
Investment property is initially recorded at cost which includes expenditure
attributable to bringing the asset to the location and condition necessary for it to
be capable of operating in the manner intended by the trustees.
The carrying value of this property is reviewed annually and adjusted to reflect Any
changes in the market value
Church at 20 Palermo Street
The trustees consider the church at 20 Palermo Street to be an asset for which
the value is not readily ascertainable. it has not been induded in the balance
sheet, however rt has been valued at £685,824 for insurance purposes.
YOU are welcome tojoin
us fo.r service llam today.
Palermo Street. Glasgow,
G214SX
2. Notss to the flnancial ststements
1. Flxed assets
The Church flat at 4 211 Barmulloch Road, Glasgow G214YF was valued at
£85,000 by "Rightmove.. The Trustees have no intention to sell and therefore
accepl this valuation. This increase in value from £68,849 was reflected in the
Property Revaluation Reserve in the 2024 accounts.
SUMMIT CHURCH
10

FOR THEYEAR ENDED 31 MARCH 2025
8 lj M M l T
20 Palern￿ Street, Glasgow G214SX
Media".
FaGebook- Summit Church
X (fomierfy "Twitterf,): @SpringbumA
Web: summitchurch.o).uk
During the financial year, the Church fOr￿llY changed its narne from 'Assemblie8 of
God. Paletmo Street" to "Summit ChurGh" marking a fresh direction and the
beginning of an exatsng new chapter in its ministry. Summrt Church is a
contemporary. vibrant Jnitv nf f8ith spryinn thp r•ople of Springbum, Glasgc>N,
and teyoThl. Led by
P)e Churth Teflects the rich
diversity of its local area and offers a welcorTring environmont through weekly worship
services, midweek Bible studies, and a r8nge of other events aimed at spiritual
growth, fellowshlp, arKI community engagement.