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2025-08-31-accounts

REGISTERED COMPANY NUMBER: SC363758 (Scotland) REGISTERED CHARITY NUMBER: 037327

Report of the Trustees and

Financial Statements

for the Year Ended 31 August 2025

for

Re:Hope Next Generation Bible Church

Bannerman Johnstone Maclay Chartered Accountants and Registered Auditor 213 St Vincent Street Glasgow G2 5QY

Re:Hope Next Generation Bible Church

Contents of the Financial Statements for the Year Ended 31 August 2025

Page
Report of the Trustees 1 to 8
Report of the Independent Auditors 9 to 11
Statement of Financial Activities 12
Balance Sheet 13
Cash Flow Statement 14
Notes to the Cash Flow Statement 15
Notes to the Financial Statements 16 to 29
Detailed Statement of Financial Activities 30 to 31

Re:Hope Next Generation Bible Church

Report of the Trustees for the Year Ended 31 August 2025

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2025. The trustees have adopted the provisions of 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).

September 2024 - August 2025 was a year of increased growth for Re:Hope Church across all established locations, welcoming around 900 people through our doors across all locations every week.

In addition to Re:Hope West End, Southside, Royston and Paisley, in September 2024 we launched Re:Hope in Ghana. Richard Boateng, who had been a member of Re:Hope Paisley, returned to his home country of Ghana with a heart to start a Re:Hope Church in Accra. Re:Hope Ghana is a separate charitable entity, however, it is supported by Re:Hope Church and the relationship is managed by a Memorandum of Understanding.

In April 2025 we then launched Re:Hope Motherwell led by Chalcedony Williams. Starting by renting the Glo Centre on Sunday evenings, they have gathered a strong core team with a steady launch of Sunday services.

Financially, we closed the year in a strong position, with total donations exceeding last year’s levels, supported by several ongoing designated contributions for salaries and other specific costs. Over this period the budgets remained generally balanced, however we did end the year with a slight decrease in reserves although cash reserves have increased. During this period of sustained growth we are aiming to continue to gradually increase these reserves as our size and assets also increase.

We are very thankful to our dedicated team of staff and volunteers who have worked so hard to serve the church community this year. We are also thankful to our Senior Pastor Brian Ingraham, and the group of Elders, for their careful and wise leadership and vision, guiding the church into a fruitful new season. Finally, we are deeply thankful to God for his generosity and faithfulness to our church over this year. We believe that God has continued to bless and guide us, enabling the church to grow and flourish in difficult times.

OBJECTIVES AND ACTIVITIES Objectives and aims

Our purposes, as set out in our Memorandum and Article of Association are:

To advance the Christian faith in accordance with the Statement of Beliefs in Glasgow and also throughout Scotland and in the rest of the World by all means consistent with the teachings of the Christian Bible including worship, ministry, mission, prayer, witness, education, training and mentoring, counselling and support, community service and the support of agencies and individuals and other charitable organisations involved in Christian missionary work, church planting/building and the relief of poverty or other social needs.

Strategy/vision statement

As a church we believe that God has called Re:Hope to lay the foundations for a long lasting reawakening, where many people will turn their lives wholeheartedly towards God and receive salvation in Jesus.

Therefore everything we do flows out of a desire to see many people come awake to God and alive in Jesus. We are people who seek to live lifestyles saturated in loving the Bible and prayer. We prioritise dedicated closeness with Jesus, living with gutsy faith, and with a heart to see people grow and become who God has made them to be.

We are one church in several locations, with regular Sunday services where we share biblical teaching, joyful worship, and warm community. We provide an extensive range of ministries, events, and resources to allow people of all ages and backgrounds to go deeper in their knowledge and relationship with God. We love to receive people with over-the-top hospitality, showing love and honor to others because God has loved them first. Each location shares the same vision and values, but is locally attuned to their community and calling.

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Re:Hope Next Generation Bible Church

Report of the Trustees for the Year Ended 31 August 2025

OBJECTIVES AND ACTIVITIES

Significant activities

All year we hold worship services on Sunday across multiple locations which are open to members of the public of all age ranges. During these services at our different locations, we also provide crèche, children’s and teens programs.

Other weekly events include Bible studies, prayer times, and training meetings. Throughout the year we also have specific courses and events, including marriage preparation courses, ministry internships, Alpha courses, and holiday clubs for children and teens. We also regularly host other community groups and events in our buildings, from weddings to conferences.

Additionally, we meet with aspiring Christian leaders and ministers who are in need of encouragement and help, and actively engage with the wider life of churches across the country.

As one church in several locations, the range of activities in each location varies according to the local community and as led by our location lead pastors.

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Re:Hope Next Generation Bible Church

Report of the Trustees for the Year Ended 31 August 2025

STRATEGIC REPORT

Achievements and performance

Charitable activities

Over the past year we have been able to provide support and spiritual encouragement to hundreds of people in our community, from all walks of life. All year we hold worship services on Sunday across multiple locations which are open to members of the public of all age ranges. During these services at our different locations we also provide creche, children's and teen's programs.

As one church in several locations, the range of activities in each location varies according to the local community and as led by our location Lead Pastors. Below are some distinct achievements and events at each location which we would like to report:

Re:Hope West End

As our first established location, Re:Hope West End continues to be a core of strength in the church. We've been delighted to find the building full each Sunday with growth across all age groups welcoming an average of 380 people each week. With its proximity to the University of Glasgow we have loved welcoming a large number of students to our services and events. Through the year some notable events and activities have been:

Staff transitions - following several staff changes at the end of the 2024 financial year, a new team was established in August 2024 with Duncan Roseweir, Kelsey Roseweir, Chalcedony Williams, Louisa Murebwa, and Amy Lee joining the staff team. Naomi Stirrat went on maternity leave in March 2025 and Kelsey Roseweir was in place as her maternity cover leading worship. Chalcedony continued in the Youth Pastor role until June 2025 when she then stopped to focus on Re:Hope Motherwell. Amy Lee finished her Young Adult Pastor role in August 2025.

Re:Hope Southside

Re:Hope Southside has also grown over the year with on average 160 people being welcomed each Sunday. There was a specific growth in young families starting to attend with the kids ministry averaging around 30 each Sunday. Through the year some notable events and activities have been:

Staff transitions - In January 2025 Sonja Smith stepped down as Worship Pastor and Danny Harvey was hired starting in February 2025. Rita Wiseman was hired in the new role of Associate Pastor in March 2025 to support across the ministries at Re:Hope Southside. Kim Herbert was hired to launch the Crechendo ministry and employed for six months.

Re:Hope Royston

Re:Hope Royston has continued to embed themselves at the heart of the Royston community, with the shop units on the local square being a main hub of activity. Through the year some notable events and activities have been:

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Re:Hope Next Generation Bible Church

Report of the Trustees for the Year Ended 31 August 2025

Staff transitions - After six faithful years Alan Meldrum retired from the Lead Pastor role. In June 2025 Ryan Wardhaugh was appointed to the role and after a few months of transition, Alan Meldrum officially retired at the end of August 2025 and Ryan Wardhaugh was fully instated. Amy Lee also finished up as Ministry Administrator in August 2025 and her replacement was hired in October 2025.

Re:Hope Paisley

Going into the third full year Re:Hope Paisley continues to see consistent Sunday attendance of around 100 people. The ministries continued to grow and the building continued to be used by external groups for hire and also local community groups. Through the year some notable events and activities have been:

Re:Hope Ghana

After attending Re:Hope Paisley, Richard Boateng felt called to start a Re:Hope Church in his home country Ghana. In September 2024 this launched in a temporary space and then in January 2025 they secured a more permanent location and has grown to around 60 people in attendance.

Re:Hope Church supported some of the renovation works to their new space and also offer central support in administration and teaching. Brian and Kellie Ingraham visited Re:Hope Ghana in February 2025 and were able to meet the team there and see the ministry start to flourish.

Re:Hope Motherwell

Feeling called to the Motherwell area, Chalcedony Williams and a team started Re:Hope Church in Motherwell on Easter Sunday 2025. Meeting in the Glo Centre on Sunday evenings they have started regular Sunday services with around 20 people in attendance. They have established BRT groups and done various outreaches to the community. They continue to look into a more permanent space in which they can meet on a Sunday morning.

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Re:Hope Next Generation Bible Church

Report of the Trustees for the Year Ended 31 August 2025

STRATEGIC REPORT Financial review

Financial position

The total income over the year was higher than in 2023/2024. This was due to the growth across all locations therefore an increase in the regular operational income to the church. The expenditure over the year was also higher than in 2023/2024, including some unique expenditures towards establishing the Ghana and Motherwell locations as well as an increase in the regular budgeted expenditure of the church.

Given the continued economic challenges of the year, we are very pleased to have seen some increase in our income rather than decline. We continue to lean forward into growth and increased activities, so during this season we have strategically chosen to also proportionally increase expenditure, particularly with the launch of new locations.

Income, expenditure, and budgets are tracked individually for each location, so although financial resources are shared across the church as required there is the aim of each location within the church performing in a financially independent and sustainable way.

Out of our overall budget as a church, budgets are assigned to each location in relation to their scale and current financial needs, as well as a separate central budget which covers staff and costs at an organisational and non-location specific level. This year the approximate split of the location budgets was 25% to the Central budget, 40% to the West End, 20% to the Southside, 10% to Paisley, 5% to Royston and 1% to Motherwell.

Re:Hope West End remained the strongest financially, this strength has continued to support other locations as they grow and work towards balanced budgets. Re:Hope Southside saw an increase in income compared to the previous financial year and was able to meet all of its costs therefore becoming financially viable. Re:Hope Royston location’s income however decreased and therefore still had a deficit at the end of the year. Re:Hope Paisley has seen a gradual increase in income from donations and with the help of community rental groups use of the building, however there continues to be an operational deficit.

Re:Hope Motherwell was established with a small operational budget as the location launches and initially grows. Some additional expenditure was incurred with the launch, particularly regarding the tech and sound set up.

We are dedicated to being generous and giving 10% out of our budget towards other causes in line with our charitable aims. This year Re:Hope Church allocated the giving budgets towards many local and international charities, several individuals working in Christian ministry outside Re:Hope and towards newer Re:Hope Church ministries.

Principal funding sources

The majority of income is received as regular donations from church members. We are very grateful for these joy-filled and generous offerings to the church.

Over the year we receive several funds:

Reserves policy

The Trustees monitor the reserves and future commitments to ensure a continuing ability to meet the charity's objectives and liabilities. The policy is to aim to retain sufficient funds required to meet regular commitments for a period of three months in-line with OSCR guidance. The reserves policy will be reviewed and revised as necessary during the next financial year.

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Re:Hope Next Generation Bible Church

Report of the Trustees for the Year Ended 31 August 2025

STRATEGIC REPORT

Financial and risk management objectives and policies

The trustees consider major risks on an ongoing basis. Risk and control activities include safeguarding policy, health and safety assessments, and monthly financial reporting. The health and safety risk assessment reveals no major risks identified for urgent corrective action.

As the church has grown and we have taken on new premises in Paisley, we are working towards a detailed planned maintenance programme, and updated financial control procedures to reflect the increased liabilities we now have.

Future plans

The vision and strategic direction of the church continues to be led by Senior Pastor Brian Ingraham and the other Elders. We do not anticipate that any of the core activities or vision of the church will change. We look forward to facilitating growth and flourishing at each of our locations, and will remain open to where God is leading us.

After a year of much transition and growth and the establishing of new locations, the financial aim of the Trustees is to continue to bring each individual location into a position of independent financial sustainability. We recognise that this may be several years away for Paisley and Motherwell in particular as newly established locations.

We are aware of an increased financial burden to maintain our buildings particularly with the listed buildings. We aim to build relationships with more local and national grant-making organisations, to help ensure that the significant costs of repairs and upkeep can be supported. Donald Morrison was hired in April 2025 as Building Manager to oversee the maintenance and upkeep across all Re:Hope buildings.

We also recognise that the scale and complexity of the church has increased significantly over recent years, and in response we will work towards expanding the Board of Trustees with new members. We will aim to create a diverse, energetic, and skilled group representative of the different Re:Hope locations.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Re:Hope Next Generation Church is a charitable company limited by guarantee, incorporated on 10 August 2009 and registered as a charity with the Office of the Scottish Charity Regulator. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1.

Under an agreement dated 31 August 2009 the company took on all the functions previously carried out by the unincorporated association Re:Hope Next Generation Bible Church.

In August 2023, a new Articles of Association was drafted and agreed upon by the Elders (members) and Directors (Trustees) in September 2023 which the charity is now governed under.

Recruitment and appointment of new trustees

The trustees may, from time to time, and at any time co-opt additional members either to fill a casual vacancy or by way of addition. All trustees shall personally believe in the statement of doctrine set out in the schedule attached to our constitution and undergo the recruitment process.

Organisational structure

The trustees oversee the financial and legal direction and decisions of the church, being accountable to the church Elders, who are the charity members. The roles and powers of each role are defined within the Articles of Association.

The church vision and operations of the charity are delegated by the trustees to the Elders, who are selected according to the requirements set out in the Bible. The Elders oversee the spiritual health of the church and make decisions about practical out-workings of the purpose of the charity. The trustees aim to enable and facilitate these decisions within the current financial means of the charity.

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Re:Hope Next Generation Bible Church

Report of the Trustees for the Year Ended 31 August 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Induction and training of new trustees

We explain the core values and mission of the charity to new trustees and have a handbook which explains the role clearly and how it functions within the overall Re:Hope Guidance. We have an application process that is then undertaken which involves the Elders of Re:Hope as well and allowing for feedback from the church congregations.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

SC363758 (Scotland)

Registered Charity number

037327

Registered office

37 Stewartville Street Glasgow G11 5PL

Trustees

B D Ingraham A Vardy J Noel-Smith (resigned 12.2.26) C Herbert (appointed 20.11.24)

Auditors

Bannerman Johnstone Maclay Chartered Accountants and Registered Auditor 213 St Vincent Street Glasgow G2 5QY

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of Re:Hope Next Generation Bible Church for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).

Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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Re:Hope Next Generation Bible Church

Report of the Trustees for the Year Ended 31 August 2025

STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued

In so far as the trustees are aware:

AUDITORS

The auditors, Bannerman Johnstone Maclay, will be proposed for re-appointment at the forthcoming Annual General Meeting.

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 28 May 2026 and signed on the board's behalf by:

A Vardy - Trustee

Page 8

Report of the Independent Auditors to the Trustees and Members of Re:Hope Next Generation Bible Church

Opinion

We have audited the financial statements of Re:Hope Next Generation Bible Church (the 'charitable company') for the year ended 31 August 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and 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 (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

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 Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company 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 charitable company'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 trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, 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 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.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

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Report of the Independent Auditors to the Trustees and Members of Re:Hope Next Generation Bible Church

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 and the Charities Accounts (Scotland) Regulations 2006 (as amended) requires us to report to you if, in our opinion:

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 charitable company'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 liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

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 a Report of the Independent Auditors 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.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

- We obtained an understanding of the legal and regulatory frameworks applicable to the charitable company and the sector in which it operates. We determined that the following laws and regulations were the most significant: the Companies Act 2006, the Charities and Trustees Investment (Scotland) Act 2005 and the Charity SORP.

- We obtained an understanding of how the charitable company is complying with those legal and regulatory frameworks by making enquires to the management.

- We assessed the susceptibility of the charitable company's financial statements to material misstatement, including how fraud might occur. Audit procedures performed by the engagement team included:

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

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Report of the Independent Auditors to the Trustees and Members of Re:Hope Next Generation Bible Church

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006, and to the charitable company'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 charitable company's members and the trustees those matters we are required to state to them in an auditors' 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 charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Douglas Paton BSc CA (Senior Statutory Auditor) for and on behalf of Bannerman Johnstone Maclay Chartered Accountants and Registered Auditor Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 213 St Vincent Street Glasgow G2 5QY

28 May 2026

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Re:Hope Next Generation Bible Church

Statement of Financial Activities for the Year Ended 31 August 2025

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Charitable activities
4
West End church activities
Southside church activities
Royston church activities
Paisley church activities
Investment income
3
Other income
Total
EXPENDITURE ON
Charitable activities
5
All church activities
West End church activities
Southside church activities
Royston church activities
Paisley church activities
Motherwell church activities
Total
NET INCOME/(EXPENDITURE)
Transfers between funds
17
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
funds
£
805,309
30,816
27,765
-
27,391
-
5,325
896,606
259,671
273,474
161,041
75,984
120,478
5,730
896,378
228
(3,497)
(3,269)
615,173
611,904		 Restricted
funds
£
104,000
-
-
-
-
-
-
104,000
86,303
14,241
1,815
-
4,300
621
107,280
(3,280)
3,497
217
34,523
34,740		 31.8.25
Total
funds
£
909,309
30,816
27,765
-
27,391
-
5,325
1,000,606
345,974
287,715
162,856
75,984
124,778
6,351
1,003,658
(3,052)
-
(3,052)
649,696
646,644		 31.8.24
Total
funds
£
788,129
20,974
45,504
6,000
33,028
1
5,589
899,225
217,653
283,381
208,229
63,717
117,520
-
890,500
8,725
-
8,725
640,971
649,696

The notes form part of these financial statements

Page 12

Re:Hope Next Generation Bible Church

Balance Sheet 31 August 2025

Notes
FIXED ASSETS
Tangible assets
12
CURRENT ASSETS
Debtors
13
Prepayments and accrued income
Cash at bank
CREDITORS
Amounts falling due within one year
14
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
CREDITORS
Amounts falling due after more than one year
15
NET ASSETS
FUNDS
17
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
funds
£
469,623
9,543
3,150
258,345
271,038
(46,257)
224,781
694,404
(82,500)
611,904		 Restricted
funds
£
125,788
-
-
2,952
2,952
(2,000)
952
126,740
(92,000)
34,740		 31.8.25
Total
funds
£
595,411
9,543
3,150
261,297
273,990
(48,257)
225,733
821,144
(174,500)
646,644
611,904
34,740
646,644		 31.8.24
Total
funds
£
646,418
5,627
4,336
241,427
251,390
(41,612)
209,778
856,196
(206,500)
649,696
615,173
34,523
649,696

The financial statements were approved by the Board of Trustees and authorised for issue on 28 May 2026 and were signed on its behalf by:

A Vardy - Trustee

The notes form part of these financial statements

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Re:Hope Next Generation Bible Church

Cash Flow Statement
for the Year Ended 31 August 2025
31.8.25
Notes
£
Cash flows from operating activities
Cash generated from operations
1
79,053
Net cash provided by operating activities
79,053
Cash flows from investing activities
Purchase of tangible fixed assets
(29,183)
Sale of tangible fixed assets
-
Interest received
-
Net cash used in investing activities
(29,183)
Cash flows from financing activities
Loan repayments in year
(30,000)
Net cash used in financing activities
(30,000)
Change in cash and cash equivalents in
the reporting period
19,870
Cash and cash equivalents at the
beginning of the reporting period
241,427
Cash and cash equivalents at the end of
the reporting period
261,297		 31.8.24
£
83,277
83,277
(57,688)
589
1
(57,098)
(30,000)
(30,000)
(3,821)
245,248
241,427

The notes form part of these financial statements

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Re:Hope Next Generation Bible Church

Notes to the Cash Flow Statement for the Year Ended 31 August 2025

1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

2.

OPERATING ACTIVITIES
31.8.25 31.8.24
£ £
Net (expenditure)/income for the reporting period (as per the
Statement of Financial Activities) (3,052) 8,725
Adjustments for:
Depreciation charges 80,190 78,119
Profit on disposal of fixed assets - (589)
Interest received - (1)
Increase in debtors (2,730) (905)
Increase/(decrease) in creditors 4,645 (2,072)
Net cash provided by operations 79,053 83,277
ANALYSIS OF CHANGES IN NET FUNDS
At 1.9.24 Cash flow At 31.8.25
£ £ £
Net cash
Cash at bank 241,427 19,870 261,297
241,427 19,870 261,297
Debt
Debts falling due within 1 year (30,000) - (30,000)
Debts falling due after 1 year (112,500) 30,000 (82,500)
(142,500) 30,000 (112,500)
Total 98,927 49,870 148,797

The notes form part of these financial statements

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Re:Hope Next Generation Bible Church

Notes to the Financial Statements for the Year Ended 31 August 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Government grants are recognised in income only when the performance-related conditions are met.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - 2% on cost Improvements to property - 15% on cost Fixtures and fittings - 20% on cost Computer equipment - 33% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Financial instruments

The charitable company 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 charitable company's balance sheet when the charitable company becomes party to the contractual provisions of the instrument.

Page 16

continued...

Re:Hope Next Generation Bible Church

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

1. ACCOUNTING POLICIES - continued

Financial instruments

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include certain debtors and cash and bank balances, are initially measured at transaction price including transactions 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.

Basic financial liabilities

Basic financial liabilities, including certain creditors and 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.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Presentation currency and rounding

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 £.

2. DONATIONS AND LEGACIES

DONATIONS AND LEGACIES
Offerings and donations
Tax recovered on Gift Aid		 31.8.25
£
801,356
107,953
909,309		 31.8.24
£
711,240
76,889
788,129

continued...

Page 17

Re:Hope Next Generation Bible Church

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

3. INVESTMENT INCOME

Deposit account interest
INCOME FROM CHARITABLE ACTIVITIES
Activity
Rental income
West End church activities
Scotland Bible School tuition
West End church activities
Rental income
Southside church activities
Grants
Southside church activities
Grants
Royston church activities
Rental income
Paisley church activities
Grants
Paisley church activities
Grants received, included in the above, are as follows:
East Midlands Business Grants
Souter Charitable Trust
The Albert Hunt Trust
The Hope Trust		 31.8.25
£
-
31.8.25
£
4,913
25,903
22,499
5,266
-
24,653
2,738
85,972
31.8.25
£
8,004
-
-
-
8,004		 31.8.24
£
1
31.8.24
£
3,880
17,094
36,116
9,388
6,000
30,428
2,600		 31.8.24
£
1
31.8.24
£
3,880
17,094
36,116
9,388
6,000
30,428
2,600
105,506
31.8.24
£
9,388
2,600
3,000
3,000
17,988
17,988

4. INCOME FROM CHARITABLE ACTIVITIES

5. CHARITABLE ACTIVITIES COSTS

CHARITABLE ACTIVITIES COSTS
All church activities
West End church activities
Southside church activities
Royston church activities
Paisley church activities
Motherwell church activities		 Direct
Costs (see
note 6)
£
334,574
287,715
162,856
75,984
124,778
6,351
992,258		 Support
costs (see
note 7)
£
11,400
-
-
-
-
-
11,400		 Totals
£
345,974
287,715
162,856
75,984
124,778
6,351
1,003,658

continued...

Page 18

Re:Hope Next Generation Bible Church

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

6. DIRECT COSTS OF CHARITABLE ACTIVITIES

Staff costs
Rent
Rates and water
Insurance
Light and heat
Telephone and internet
Printing, postage and stationery
Other expenses
Scotland Bible School
Pastoral care
Events and courses costs
Audio engineer and streaming services
Ghana church expenditure
Honorarium
Food, kitchen supplies and Sunday expenses
Repairs and renewals
Missionaries
Refuse collection
Software subscriptions and computer consumables
Merchant fees
Bank charges
Kids and youth
Ministry expenses
Wedding Coordinators
Cleaning
Alpha sessions facilitation
Baby bank supplies
Cafe supplies
Community expenses
Renderfest
Legal fees
Seminary fees
Staff study
Depreciation
7.
SUPPORT COSTS
All church activities		 31.8.25
31.8.24
£
£
597,930
496,848
9,321
6,506
7,010
1,999
24,185
20,664
41,440
43,133
2,819
2,188
3,796
4,537
8,253
3,996
955
2,121
-
200
8,137
4,769
1,635
-
13,632
-
300
-
29,139
24,575
53,597
104,067
42,811
43,432
3,418
3,711
12,746
8,884
6,615
-
2,080
1,817
6,769
6,444
4,661
2,756
1,500
-
5,673
4,992
18,615
-
1,126
535
142
340
2,068
8,220
1,131
1,608
2,249
1,920
-
7,015
315
2,100
78,190
76,119
992,258
885,496
Governance
costs
£
11,400

continued...

Page 19

Re:Hope Next Generation Bible Church

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

7. SUPPORT COSTS - continued

Support costs, included in the above, are as follows:

Governance costs

8.

Governance costs
31.8.25 31.8.24
All
church Total
activities activities
£ £
Accountancy fees 4,260 2,280
Audit fees 7,140 2,724
11,400 5,004
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
31.8.25 31.8.24
£ £
Depreciation - owned assets 80,190 78,119
Other operating leases 9,321 6,506
Surplus on disposal of fixed assets - (589)

9. TRUSTEES' REMUNERATION AND BENEFITS

During the year one trustee received remuneration. This remuneration was in accordance with the provisions set out in the charity's constitution covering such payments. This trustee, Brian Ingraham, received £94,944 (2024: £90,196) salary and £6,604 (2024: £6,604) employer pension contributions in his capacity as pastor. This salary has been set by the trustees excluding Brian Ingraham and has been based on the Scottish Head Teacher salary scale.

Trustees' expenses

Brian Ingraham received reimbursement of phone costs totalling £644 (2024: £257) during the year; and travel expenses for him and his wife totalling £2,661 (2024:nil).

10. STAFF COSTS

STAFF COSTS
Wages and salaries
Social security costs
Other pension costs		 31.8.25
£
533,948
34,241
29,741
597,930		 31.8.24
£
439,757
32,159
24,932
496,848

The average monthly number of employees during the year was as follows:

Pastors/ministry
Business/admin
Cleaning/maintenance		 31.8.25

16
5
18
39		 31.8.24
12
6
14
32

continued...

Page 20

Re:Hope Next Generation Bible Church

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

10. STAFF COSTS - continued

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

£90,001 - £100,000
11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
687,654
Charitable activities
West End church activities
20,974
Southside church activities
36,590
Royston church activities
-
Paisley church activities
30,428
Investment income
1
Other income
5,589
Total
781,236
EXPENDITURE ON
Charitable activities
All church activities
174,685
West End church activities
234,467
Southside church activities
154,311
Royston church activities
57,074
Paisley church activities
112,520
Total
733,057
NET INCOME/(EXPENDITURE)
48,179
Transfers between funds
(38,129)
Net movement in funds
10,050
RECONCILIATION OF FUNDS
Total funds brought forward
605,123
TOTAL FUNDS CARRIED FORWARD
615,173		 31.8.25

1
Restricted
funds
£
100,475
-
8,914
6,000
2,600
-
-
117,989
42,968
48,914
53,918
6,643
5,000
157,443
(39,454)
38,129
(1,325)
35,848
34,523		 31.8.24
1
Total
funds
£
788,129
20,974
45,504
6,000
33,028
1
5,589
899,225
217,653
283,381
208,229
63,717
117,520
890,500
8,725
-
8,725
640,971
649,696

continued...

Page 21

Re:Hope Next Generation Bible Church

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

12. TANGIBLE FIXED ASSETS

COST
At 1 September 2024
Additions
At 31 August 2025
DEPRECIATION
At 1 September 2024
Charge for year
At 31 August 2025
NET BOOK VALUE
At 31 August 2025
At 31 August 2024
COST
At 1 September 2024
Additions
At 31 August 2025
DEPRECIATION
At 1 September 2024
Charge for year
At 31 August 2025
NET BOOK VALUE
At 31 August 2025
At 31 August 2024		 Plant and
machinery
£
3,854
-
3,854
1,582
791
2,373
1,481
2,272		 Freehold
property
£
588,214
-
588,214
66,086
11,764
77,850
510,364
522,128
Fixtures
and
fittings
£
341,389
10,289
351,678
292,983
22,700
315,683
35,995
48,406		 Improvements
Short
to
leasehold
property
£
£
13,446
136,484
-
17,528
13,446
154,012
5,564
112,519
2,627
16,088
8,191
128,607
5,255
25,405
7,882
23,965
Computer
equipment
Totals
£
£
113,090
1,196,477
1,366
29,183
114,456
1,225,660
71,325
550,059
26,220
80,190
97,545
630,249
16,911
595,411
41,765
646,418

continued...

Page 22

Re:Hope Next Generation Bible Church

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.25
£
Other debtors
9,543
14.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.25
£
Other loans (see note 16)
30,000
Other creditors
2,000
Accruals and deferred income
16,257
48,257
15.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.25
£
Other loans (see note 16)
82,500
Other creditors
92,000
174,500
16.
LOANS
An analysis of the maturity of loans is given below:
31.8.25
£
Amounts falling due within one year on demand:
Other loans
30,000
Amounts falling between one and two years:
Other loans
30,000
Amounts falling due between two and five years:
Other loans
52,500		 31.8.24
£
5,627
31.8.24
£
30,000
2,000
9,612
41,612
31.8.24
£
112,500
94,000		 31.8.24
£
5,627
31.8.24
£
30,000
2,000
9,612
41,612
31.8.24
£
112,500
94,000
206,500
31.8.24
£
30,000
30,000
82,500
30,000
82,500

The loan is to be repaid in full over 10 years by way of quarterly instalments of £7,500.

continued...

Page 23

Re:Hope Next Generation Bible Church

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

17. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Southside Location
Royston Location
Paisley Location
Motherwell Location
Restricted funds
Building Fund
Hardship Fund
A Jesus Church support towards
RenderFest
RePlay
Baby Bank donations
Souter Charitable Trust
Alpha
TOTAL FUNDS
Net movement in funds, included in the above are as		 At 1.9.24
£
218,337
279,940
11,531
104,989
376
615,173
32,904
308
-
257
554
500
-
34,523
649,696
follows:		 Net
movement
in funds
£
(19,072)
59,635
(47,864)
(17,933)
25,462
228
(914)
-
834
1,166
(738)
(315)
(3,313)
(3,280)
(3,052)		 Transfers
between
funds
£
(55,314)
-
42,556
9,261
-
(3,497)
-
-
-
-
184
-
3,313
3,497
-		 At
31.8.25
£
143,951
339,575
6,223
96,317
25,838
611,904
31,990
308
834
1,423
-
185
-
34,740
646,644
Unrestricted funds
General fund
Southside Location
Royston Location
Paisley Location
Motherwell Location
Restricted funds
Building Fund
Pastor's Salary Fund
Salaries including Youth Pastor's Salary
A Jesus Church support towards
RenderFest
RePlay
Baby Bank donations
Souter Charitable Trust
Wilson Distributors Charitable Trust
Alpha
TOTAL FUNDS		 Incoming
resources
£
514,073
220,676
28,120
102,545
31,192
896,606
-
36,000
48,000
1,939
1,343
388
-
2,000
14,330
104,000
1,000,606		 Resources
expended
£
(533,145)
(161,041)
(75,984)
(120,478)
(5,730)
(896,378)
(914)
(36,000)
(48,000)
(1,105)
(177)
(1,126)
(315)
(2,000)
(17,643)
(107,280)
(1,003,658 )		 Movement
in funds
£
(19,072)
59,635
(47,864)
(17,933)
25,462
228
(914)
-
-
834
1,166
(738)
(315)
-
(3,313)
(3,280)
(3,052)

continued...

Page 24

Re:Hope Next Generation Bible Church

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

17. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Southside Location
Royston Location
Paisley Location
Motherwell Location
Restricted funds
Building Fund
Hardship Fund
RePlay
Southside Dry Rot
Baby Bank donations
Souter Charitable Trust
TOTAL FUNDS		 At 1.9.23
£
190,458
275,909
14,460
124,296
-
605,123
33,818
377
1,253
400
-
-
35,848
640,971		 Net
movement
in funds
£
50,528
42,160
(12,572)
(32,313)
376
48,179
(914)
(69)
(996)
(38,529)
554
500
(39,454)
8,725		 Transfers
between
funds
£
(22,649)
(38,129)
9,643
13,006
-
(38,129)
-
-
-
38,129
-
-
38,129
-		 At
31.8.24
£
218,337
279,940
11,531
104,989
376
615,173
32,904
308
257
-
554
500
34,523
649,696

Page 25

continued...

Re:Hope Next Generation Bible Church

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

17. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Southside Location
Royston Location
Paisley Location
Motherwell Location
Restricted funds
Building Fund
Pastor's Salary Fund
Salaries including Youth Pastor's Salary
Hardship Fund
RePlay
Paisley Heating
Pentecost offering
Southside Dry Rot
Baby Bank donations
Souter Charitable Trust
The Albert Hunt Trust
The Hope Trust
Wilson Distributors Charitable Trust
TOTAL FUNDS		 Incoming
resources
£
459,680
196,471
44,502
80,207
376
781,236
-
36,000
48,000
100
437
2,900
643
15,220
1,089
2,600
3,000
3,000
5,000
117,989
899,225		 Resources
Movement
expended
in funds
£
£
(409,152)
50,528
(154,311)
42,160
(57,074)
(12,572)
(112,520)
(32,313)
-
376
(733,057)
48,179
(914)
(914)
(36,000)
-
(48,000)
-
(169)
(69)
(1,433)
(996)
(2,900)
-
(643)
-
(53,749)
(38,529)
(535)
554
(2,100)
500
(3,000)
-
(3,000)
-
(5,000)
-
(157,443)
(39,454)
(890,500)
8,725

Page 26

continued...

Re:Hope Next Generation Bible Church

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

17. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Southside Location
Royston Location
Paisley Location
Motherwell Location
Restricted funds
Building Fund
Hardship Fund
A Jesus Church support towards
RenderFest
RePlay
Southside Dry Rot
Baby Bank donations
Souter Charitable Trust
Alpha
TOTAL FUNDS		 At 1.9.23
£
190,458
275,909
14,460
124,296
-
605,123
33,818
377
-
1,253
400
-
-
-
35,848
640,971		 Net
movement
in funds
£
31,456
101,795
(60,436)
(50,246)
25,838
48,407
(1,828)
(69)
834
170
(38,529)
(184)
185
(3,313)
(42,734)
5,673		 Transfers
between
funds
£
(77,963)
(38,129)
52,199
22,267
-
(41,626)
-
-
-
-
38,129
184
-
3,313
41,626
-		 At
31.8.25
£
143,951
339,575
6,223
96,317
25,838
611,904
31,990
308
834
1,423
-
-
185
-
34,740
646,644

continued...

Page 27

Re:Hope Next Generation Bible Church

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

17. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Southside Location
Royston Location
Paisley Location
Motherwell Location
Restricted funds
Building Fund
Pastor's Salary Fund
Salaries including Youth Pastor's Salary
Hardship Fund
A Jesus Church support towards
RenderFest
RePlay
Paisley Heating
Pentecost offering
Southside Dry Rot
Baby Bank donations
Souter Charitable Trust
The Albert Hunt Trust
The Hope Trust
Wilson Distributors Charitable Trust
Alpha
TOTAL FUNDS		 Incoming
resources
£
973,753
417,147
72,622
182,752
31,568
1,677,842
-
72,000
96,000
100
1,939
1,780
2,900
643
15,220
1,477
2,600
3,000
3,000
7,000
14,330
221,989
1,899,831		 Resources
expended
£
(942,297)
(315,352)
(133,058)
(232,998)
(5,730)
(1,629,435 )
(1,828)
(72,000)
(96,000)
(169)
(1,105)
(1,610)
(2,900)
(643)
(53,749)
(1,661)
(2,415)
(3,000)
(3,000)
(7,000)
(17,643)
(264,723)
(1,894,158 )		 Movement
in funds
£
31,456
101,795
(60,436)
(50,246)
25,838
48,407
(1,828)
-
-
(69)
834
170
-
-
(38,529)
(184)
185
-
-
-
(3,313)
(42,734)
5,673

The Building Fund represents sums that were donated by Church Resource Ministries (CRM) towards purchasing and remodelling a building for church use.

The Pastor's Salary Fund is donations received towards the funding of the pastor's salary.

The Youth Worker's Salary Fund is donations for staff wages with priority to the youth pastor's wage if appropriate.

The Hardship fund was set up during the first lockdown to support anyone that came to the church financially struggling.

The Souter Charitable Trust funding is for British Sign Language expenses.

The Hope Trust grant is funding towards the recovery cafe.

The Pentcost offerings were for food bank costs.

The Albert Hunt Trust funding was towards foodbank costs.

The Wilson Distributor Charitable Trust funds were donations towards mission trips expenses.

continued...

Page 28

Re:Hope Next Generation Bible Church

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

17. MOVEMENT IN FUNDS - continued

The Alpha Fund is restricted to costs related to running the Alpha course, including the food provided.

18. OTHER FINANCIAL COMMITMENTS

The charity has total commitments at the balance sheet date of £8,975 (2024: £15,875).

19. RELATED PARTY DISCLOSURES

During the year family members of Brian Ingraham (trustee) were employed by the charity and received the following salaries:

Kellie Ingraham - £28,000 - Kellie works across all locations as a member of the Executive Leadership team providing strategic input and support for all locations. She also provides creative vision and maintenance across all Re:Hope buildings. She is especially involved in the Re:Hope West End team, specifically on a Sunday, with Bible Read Thro ugh groups and pastoral care.

Owen Ingraham - £2,775 - Owen works as the Crechendo Kids Pastor at the West End church.

Emma Ingraham - £13,639 - Emma works as a Scotland Bible School Lecturer.

During the year Kim Herbert, who is a family member of Cameron Herbert (trustee), received a salary of £1,693.

During the year the charity received donations without conditions from related parties. The total of these donations amounted to £115,134.

In December 2018 the charity received a loan from The Vardy Foundation, a charity, in which the husband of trustee A Vardy, is a trustee. At the year end the loan outstanding was £112,500 (2024 - £142,500).

Page 29

Re:Hope Next Generation Bible Church

Detailed Statement of Financial Activities for the Year Ended 31 August 2025

INCOME AND ENDOWMENTS
Donations and legacies
Offerings and donations
Tax recovered on Gift Aid
Investment income
Deposit account interest
Charitable activities
Rental income
Scotland Bible School tuition
Grants
Other income
Gain on sale of tangible fixed assets
Remain internship
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Social security
Pension contributions
Rent
Rates and water
Insurance
Light and heat
Telephone and internet
Printing, postage and stationery
Other expenses
Scotland Bible School
Pastoral care
Events and courses costs
Audio engineer and streaming services
Ghana church expenditure
Honorarium
Food, kitchen supplies and Sunday expenses
Repairs and renewals
Missionaries
Refuse collection
Carried forward		 31.8.25
£
801,356
107,953
909,309
-
52,065
25,903
8,004
85,972
-
5,325
5,325
1,000,606
533,948
34,241
29,741
9,321
7,010
24,185
41,440
2,819
3,796
8,253
955
-
8,137
1,635
13,632
300
29,139
53,597
42,811
3,418
848,378		 31.8.24
£
711,240
76,889
788,129
1
70,424
17,094
17,988
105,506
589
5,000
5,589
899,225
439,757
32,159
24,932
6,506
1,999
20,664
43,133
2,188
4,537
3,996
2,121
200
4,769
-
-
-
24,575
104,067
43,432
3,711
762,746

This page does not form part of the statutory financial statements

Page 30

Re:Hope Next Generation Bible Church

Detailed Statement of Financial Activities for the Year Ended 31 August 2025

Charitable activities
Brought forward
Software subscriptions and computer
consumables
Merchant fees
Bank charges
Kids and youth
Ministry expenses
Wedding Coordinators
Cleaning
Alpha sessions facilitation
Baby bank supplies
Cafe supplies
Community expenses
Renderfest
Legal fees
Seminary fees
Staff study
Depreciation of freehold property
Depreciation of short leasehold
Depreciation of property improvements
Depreciation of plant and machinery
Depreciation of fixtures & fittings
Depreciation of computer equipment
Support costs
Governance costs
Accountancy fees
Audit fees
Total resources expended
Net (expenditure)/income		 31.8.25
£
848,378
12,746
6,615
2,080
6,769
4,661
1,500
5,673
18,615
1,126
142
2,068
1,131
2,249
-
315
9,764
2,627
16,088
791
22,700
26,220
992,258
4,260
7,140
11,400
1,003,658
(3,052)		 31.8.24
£
762,746
8,884
-
1,817
6,444
2,756
-
4,992
-
535
340
8,220
1,608
1,920
7,015
2,100
9,764
2,627
17,078
791
18,814
27,045
885,496
2,280
2,724
5,004
890,500
8,725

This page does not form part of the statutory financial statements

Page 31