REGISTERED CHARITY NUMBER: SC038759 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR FOUNDATION CHRISTIAN FELLOWSHIP BAIN HENRY REID CHAR TERED ACCOU NT ANT5 TmWW.balnh•npyr•bd.*•.#k
FOUNDATION CHRISTIAN FELLOWSHIP CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page Report of the Trustees I to 2 IndepeDdeDt Exarnlntr'j Report StAt•m•nt of FinAntlAI Aetlvltles Bil*nce Sheet Notes t(ty the FIancial Sta¢¢ments Detailed Statement of FlnAneig1 A¢ttviti¢s 10 B-IIN IlTr.1, RF.111
FOUNDATION CHRISTIAN FELLOWSHIP REPORT OF THE TRUSTEES FOR THE YEAR F.NDED 31 MARCH 2025 The trustees preseni iheir report with the financial Statements of the charity for the year ended 31 March 2025. The trustee5 have adopt¢d the provision5 of Accounting and Rcporting by Charities.. Sthiemeni of Recommendcd Praciice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims The aims and objectives of the charity arc to advan¢c th¢ Chri51ian rcligion by providing tea¢hTng. Gar¢ Social nctworking an support in the lo1 community. Significant acllvltleJ Th¢ tIViti¢$ of thc charity over the financial year were as follows.. RegulAr weekly public meetings on Sunday and Tuesday for Christian leAching. Open to 811 members ofihe community. - Weekly Sunday SLhool. 0 to all children in ihe community. Monthly outreAch meals hcld in local hoi¢ls aimed at providing friendship and social contact for adults. All members of thc ommunity are invited ihrough rnonthly pr$ rele&S and advertising. FINANCIAL REVIEW Financial position The results for Ihe year and Ihe financi81 wsition of ihe ¢h4rity ore as shown on the annexed financial 5ts1emcnts. Principal fundlnz soMree¥ The princi1 funding source for ihe charity ore donations. Reserves policy UnrtsiriLied funds repS¢nI income not yct utllised In supponing the charity's obj¢ctivcs. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing dneument Th¢ charity 15 controlled by its govcming documcnL a deed ofirust 8JJd Gon8tilu1¢5 an unincorpornled charity. R¢late41 pArtle8 None of the Trustees re¢eiv¢ remun¢ralion or any other benefit from iheir work with the ¢h4rity. Rlsk rnanagement The injstres havc a duly to identify and review the risks to which ihe chariiy is exwsed and to ensure appropriate controls att in placc lo provid¢ rcasonable &ssuTrn¢¢ against fraud and error. REFERENCE AND ADMINISTRATIVE DETAIiS Registered Charlty number SC038759 Princi al Addres Tru5tee5 FIA1% HINRI. RFID P8ge I
FOUNDATION CHRISTIAN FELLOWSHIP REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 REFERENCE AND ADMINISTIL4TIVE DETAIIS Inde endent F'.xarniner 28 Broad Street Pelerhead Aberdeenshire AB42 1 tly STATEMENT OF TRUSTEES, RESPONSIBILITIES The truslees are responsible for preparing the Report of the Trugtees and the financial stalements in accordance with applicabl¢ law and United Kingdom Accounling Standards (United Kingdom cnerallY ACcted Accounting PtIce). Choriiy law requires thc Intstets to prq)art financial st&tcm¢nls for cach financial yc8t. Under that law. the lrnstec5 have elethcd lo prware the financial statements in accordance with United Kingdom Genernlly Accepted Accounting Practice (United Kingdotn Accountin8 Standards And applicable law). Undcr charity law the trustees musl not approve the financial slfilements unless ihey are ti$fi¢d ihcy give a tnje and f&ir view of the stgte of affgirs of the charity and of th¢ incoming resourccs and application of r¢x)u¢ includin8 the incomc and cxp¢nditurc, of the Charity for that period. In preparing those financial slatem¢nts, the 1rnst5 are required to s¢l¢¢t suiiablc accuunting policies and ihen apply them consi5tcntly.' observe the methods and principles in Ihc Charitics SORP. make judgcmenls and estimAles ihal are reasonable and prud¢nl' prepe the financial Statements on the going ¢onc¢m basis unlcss it is inapwopri8ie to presume that the chdrily will conlinuc in bu5intss. The truees arc responsible for keeping prop¢r accounting records which disclose with r¢ason&ble accuracy at any time ihe financial position of the charity and lo cnable them to en8urc Ihat the financial staiements comply with Ihe Charities and Trustee Investment (Scoiland) Act 2005 and The Chariiies Accounts (Scotland) Regulations 2006 (as amend¢d). They arc also re5pon5ible for safeguarding th¢ u8¢ts of thc charity and hen¢¢ for tskin8 reasonable stcps for thc prcv¢ntion and de¢¢clion vf fraud and other irre8uIRrities. Approv by order of the board of trusice5 on 13 October 2025 and signed on ils behalf by.. 41$ HF.%'IV REID Pag¢ 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FOUNDATION CHRISTIAN FELLOWSHIP I rcport on the accounls for thc ycar 31 March 2025 scl out on pagc5 four to ninc. Respective responsibilities of trustees gnd ex2miTrer The charilJPs trustees are responsible for ihe preparation of the accounts in accordance with the terms of the Charities 8nd Trustee Invcstmcni (Scotland) Aci 2005 and the Charities Accounts (Seoilandl Rcgulaiions 2006 (as amended). The charity's trusiees consider that the audit requirement of Regulalion 101 I )la) to Ic) of the Accounts Regulations docs not apply. It is my responsibility to examine the aunt5 as required under Section 44{1)Ic) of Ihe ArA and to state whether particular mallcrs have come to my attention. Ba515 ofthe indtptndent examiner's report My examination was carried oul in accordce with Rcgulation I l of the Charitics Accounts (Scotlandl Regulatiorts 2006. An examination includes a review of the accounting records kept by th¢ tharily and a cornparison of the accounts presented with those records. It also includes consideration of any Unusu items or disclosures in the accounts. and seeking explanations from you as trusiees conceming any Such matters. Thc procedures undertaken do noi provide all the cvidencc that would bc required in an audi¢ and con5cqucnily I do not express an adit opinion on thc view given by the accounts. Independènt examlner's statement In conn¢ciion with my examinalion. no marter has Come to my allention '. (l) which gives me reasonabl¢ ¢au5C to bclievc tha( in any matcrial Tc3p¢c4 thc requ1MentS to keep accounting COrdS in accordance with Section 44(1)(8) of ihe 2005 A¢t and Regulation 4 of the 2006 Accounts Regulalions- and to prcparc accounls which accord with the accountin8 records and to compty with Rc8ulation 8 of the 2IXI6 Accounts Regulations have noi been meL or (2) to which, in my opinion. attention should be drawn in order to engble a proper undersianding of the counts bc reached. The Associalion ofchartcred Certificd Accountant. Bain Hcnry Reid 28 Broad Street Peterhead Ab¢rdeenshiTe AB42 IBY 13 October 2025 11% HEWftI' REID Pag¢ 3
FOUNDATION CHRISTIAN FELLOWSHIP STATEMENT OF FINANCIAL ACTIVITIES FOR TFIE YEAR ENDED 31 MARCH 2025 2025 Unrestrl¢tsd fund 2024 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 25,869 20.927 EXPENDITURE ON ChAritAble activitiej Expenditure 16,944 11,761 337 Total 17,510 12.098 NET INCOME 8,359 8,829 RECOi¥CILIATION OF FUNDS Told funds brought forward 61,382 51553 TOTAL FUNDS CARRIED FORWARD 69,741 61,382 Th¢ nol¢s fonn part of these financial statcm¢nt$ Pe4
FOUNDATION CHRISTIAN FELLOWSHIP BALAf4cE SHEET 31 MARCH 2025 2025 Unrestriet¢d fund 2024 Total funds Notes FIXED ASSETS Tangible assets 1,070 720 CURRENT ASSETS Debtors Cath at bank 3,597 65,074 5.028 55,634 68,671 60.662 NET CURRENT ASSETS 68,671 60.662 TOTAL ASSETS LESS CURREIYT LIABILITIES 69,741 61.382 NET ASSETS 69,741 61,382 FUNDS Unrestricted funds 69,741 61.382 TOTAL FUNDS 69,741 61,382 The financial 8tatcrncnti were approv¢d by th¢ Board of Tru)ws and auihorised for iyJu¢ on 13 October 2023 and w¢rc Sign on its The notes forni part of ihese financial statements Pa8e 5
FOUNDA TION CHRISTIAN FELLOWSHIP IYOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES Basis of prepAring the financial statements The financial statement have been prepared under the historical cost convention wilh items recognised at cost or transaction value unle55 Otherwise swed in the relevant notels) to these accounts. The tinancial statemenis have been prepared in aLLordance with Ihc Sialement of ReLommended Practicc.. Accountin£ and Reporting by Chariiies preparing their accounts in accordance with the Finartcial Reporting Standard applicable in tht UK and Republic of Ireland IFRS 102) leffectivc January 2019) and the Financial Reporting Siandard applicable in the United Kingdorn and Republic of Ireland IFRS 102). the Charili¢s and Trusl¢e Invcstrnent (Scotland) Act 2005 and the Charities Accounts (Scotl&nd) Regulations 2006 (As amended). The trusi Corlstitulcs a public b¢ncfil cntily as defined by FRS 102. Going eoneern Th¢ iru51ees arc of the oplnion ihat there is sulTicient resources available to continue the aciivilies of the charily owcr the next 12 Months. The trustees. ther¢for¢, hav¢ rn&dc an informcd judgcm¢nL at thc timc of approving thc financial slaiemcnts, that there is a reasonabl¢ ¢Kpcctation that the charity ha5 adequale resources to continue for the foreseeable future. As a result the trustees have continued lo adopi ihe going Concern basi5 of accounting in preparing these fin#nLial statements. Income All income is recognised in the St4tcm¢nt of Financial Activitles onc¢ the charity has eniitlerncnl to the funds it is probabl¢ that the income will b¢ rc¢eiv¢d and the amount can be mwurcd reliably. Expendlture Liabililics are recognised expenditure &5 soon a5 thcre is Y4 le8al or constNcliv¢ obligation committin8 the charity to that expcndilurc, li is probable thAt a transfer of economic b¢n¢fils will b¢ rcquircd in ttlement and the amount of the obligalion can bc measurcd reliably. Expenditure is accounted for on Bn accruals basis h&s been classified under headings thal aggrcgaie all cost relaied to the category. Wh¢r¢ costs cannot b¢ directly attribuled 10 particular headings Ih¢y have b¢¢n ailocatcd io a¢iivilieS I)D a b&¥i5 ¢onsist¢nt with the usc of rcsourc¢s. Tangibk fixed Mseti Depreciation is provided at the following annual rates in ord¢r to writc olY¢a¢h over its ¢stimated use1 life. Computer equipment 25% straigh¢ line Taxatlon The charity is Cxcmpi from l&x on Its charltsble athlvitles. Fund Accountin¥ Unresiricled funds can be used in ac¢ordan¢e with th¢ charitsble objectives at the disli0n of the Iru$es. Restricted funds can only b¢ u%d for particular r¢51ri¢l¢d purposes within the objccls of the charity. Restrictions arise when sp)rIed by the donor or when liinds arc raigcd for particular restricted purpoyes. Debtors Trade and other dcbtors are recogn1d ai lh¢ setctement amount du¢ after any (rade discount offered. Cash at bank and in hand CAsh at bank and in hand includes Cash held wilh banking instilution FIDanclal InstrumeDts Th¢ charity only has financial asscts and liabilitiC5 of a kind that qualify as b&8ic financial insLruments. Basic financial instruments are initially recognised at transaction value and subsequently m¢asur¢d at their settlement value. BAIS HENRI REII) Page 6
FOUNDATION CHRISTIAN FELLOWSHIP NOTES TO THE FINAIYCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 MARCH 2025 TRUSTEES. REMUNERATION AND BENEFITS There were no trusl¢¢s' remuneration OT other b¢n¢fils for the year ended 31 March 2025 nor for the yw ended 31 March 2024. Trustees, expen$eJ There wcre no trnsteel expenses paid for the year ended 31 M&rch 2025 nor for the year ended 31 Mah 2024. COMPARATIVES FOR THE STA TEMENT OF FINANCIAL ACTIVITIES Unr¢51ricled fund INCOME AND ENDOWMENTS FROM Donations and l¢ga¢ics 20.927 EXPENDITURE ON Chrltable 8ctlvltleJ Exp¢nditur¢ 11,761 Other 337 Total 12,098 iYET INCOME 8.829 RECONCILIATION OF FUNDS Trjlal ndS brought forward 52,553 TOTAL FUNDS CARRIED FORWARD 61,382 TANGIBLE FIXED ASSETS Computcr ¢quipm¢nl COST AI I ApTiI 2024 Addilions 1,357 916 At 31 March 2025 2,273 DEPRECIATION At l April 2024 Char8e for year 637 Al J l March 2025 1,203 NET BOOK VALUE At 31 March 2025 1,070 At 31 Mah 2024 720 'B.AIN iIEh'lil"' IIEID Page 7
FOUNDA TIOI¥ CHRISTIAN FELLOWSHIP NOTES TO THE FifiAPICIAL STATEMENTS- contlnued FOR TIIE YEAR ENDED 31 MARCH 2025 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Tax 3597 5,028 MOVEMENT FUNDS Net movemenl in funds At 3113125 At 114t24 Unre8trirt¢d fund$ General fund 61W2 8J59 69,741 TOTAL FUNDS 61J82 8J59 69.741 Nel movemeni in fund& inc]led in the above are as follows.. Incoming re30urce5 Resources exp¢nd¢d Movement in fiind5 Unrestrlrted funds General fund 25,869 117JlO) 8,359 TOTAL FUNDS 25,869 117,510) 8,359 ComparAtivu for mov•m•n¢ in Net movement in fvnds Ai 3113124 At 114123 Unrestrl¢ted fundj General fund 52,553 &829 61,382 T(wfAL FUNDS 52,553 8,829 61,382 Comparative net rnovement in fund4 includd in the above are as follows.. Incoming resources Resources expendLuJ Movement in fund5 Unrestrieted fuNd• lienerai rund 112,IlY¥) ¥.¥2 TOTAL FUNDS 20,927 (12,098) 8,829 .1141,1" HE.,, REID Pag¢ 8
FOUNDATION CHRISTIAN FELLOWSHIP NOTES TO THE FINANCIAL STATEMENTS- contlvued FOR THE YEAR ENDED 31 MARCH 2025 MOVEMENT IN FUNDS- roTrtinued A CUTrent yw 12 rnonths and prior year 12 months c(>mbined position is as follows.. Net movcm¢nt in fvnds Al 3113125 At 114123 UnrHtrieted funds G¢n¢ial fund 52,553 17,188 69,741 TOTAL FUNDS 52,553 17,188 69,741 A current year 12 months 8nd prior yeAr 12 months combined net movemeni in funds, included in the ab)ve are as follows: Incoming resources Resources expended Movement in fund5 Unr•8trict•d fund# General fijnd 46.796 (29,608) 17,188 TOTAL FUNDS 46,796 (29.608) 17,188 RELA TED PARTY DISCLOSURLS There were no related pwty tranwtions for the year ended 31 March 2025. Pagc 9
FOUNDATION CHRISTIAiY FELLOWSHIP DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 INCOME AND ENDOWMENTS DonAtionJ and legaeles DonAtion8 Gift aid - income t&x r¢covered 22,272 397 17.709 3.218 25,869 20,927 Totsl in¢omi•% rejources 25069 20.927 EXPENDITURE Charltable #etivltle8 Rent Insurance Miscellancous expcnscs Gifls Gift5 to spcakcrs Refreshments Tiihe lo aglow Donations Equipmenl and mainten8nr 6,000 $30 IJ04 659 iJio 1,126 600 1,019 3,476 4,900 504 357 701 410 670 600 2.120 809 16,224 11,071 Other Cotnpulrr equipment 566 337 Support eojts GovernaD¢¢ ¢osts Ac¢ounlan¢y no Totsl resources ¢xp¢nded 17,510 11098 Net Income 8,359 8.829 This page does not fomi pdrt of th¢ Statutory financial aternents B.41N HkN'R)"' REII) Pase 10