2026-03-31-accounts - Precept Ministries Scotland

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Scottish Charity No. 039093

Precept Ministries Scotland

Trustees' Report and Financial Statements for the year ended 31 March 2026

Precept Ministries Scotland

Contents of the Financial Statements for the year ended 31 March 2026

Report of the Trustees Report of the Independent Examiner Receipts and Payments Account Statement of Balances Notes to the Financial Statements	Page Number 3 13 15 16 17

PRECEPT MINISTRIES SCOTLAND (Scottish Charity No SC039093 )

REPORT OF THE TRUSTEES

for the year ended 31 March 2026

The Trustees are pleased to present their report together with the financial statements of the Charity for the financial year ended 31 March 2026.

Reference and administrative details:

Principal address: Bankers: 7 Westpark Gate Santander Saline 75 High Street Dunfermline Dunfermline KY12 9US KY12 7DL

Structure, Governance and Management

Precept Ministries Scotland is a charitable trust. Its charitable purposes and management arrangements are governed by a Trust Deed dated 23 October 2007 (amended 10 June 2010). It is a registered Scottish Charity (No SC039093).

Trustees

The Charity’s day to day management is overseen by the Trustees and Board meetings are conducted two to three times per year. The Trustees who served during the year were:

Rev Michael Richard Healy Mr Alexander James Muirhead Mr Nigel John Iremonger Watts - Chair Mr Gordon James Leiper Mr Peter Robert Dale (stepped down this year) Mrs Ruth Elizabeth Dale (stepped down this year) Miss Janet Lanyon Goodall

Trustees are appointed by a resolution of the current trustees passed at a special meeting called under clause K of the Deed of Trust. When selecting a new trustee, the trustees take into account the benefits of appointing a person who is able to make a contribution to the pursuit of the objects of the charity. Mr Nigel Watts is also the Chair of Precept UK, a separate Charity registered under the Chairty Commission for England and Wales, who are affiliated with Precept Scotland and is a board member of Precept Ireland. He ran the majority of the training events that occurred during the year, some with Mrs Helen Watts, the Precept UK Director.

Aims and affiliation

The aims of the Charity are to hold the Trust Fund and its income under trust and apply them for the advancement of the Christian religion in accordance with the provisions contained in the Deed of Trust.

Activities and achievements

The principal activity of the Chairty has remained the distribution of literature and learning materials produced by Precept International in Chattanooga USA, and the provision of training in the use of such materials, with the object of encouraging and equipping people to discover truth for themselves by engaging in daily, rigorous Bible study using the inductive Bible study methodology, either individually or, preferably, as a member of a Precept Bible study group.

The Charity is non-denominational, and association is open to all people living in Scotland.

APRIL - PRECEPT LEADER ACADEMY – IN&OUT NEHEMIAH

The tag line for the PLA is “ Learn to Lead, Lead to Inspire .” The goals of the PLA are:

To raise up competent Bible study leaders
To identify potential Precept Trainers
To equip people to study and lead each type of Precept study
… in order for people to know God deeply and live differently

The following countries were represented on this course:

We had attendees from the following countries: - USA - Scotland
Northern Ireland
Southern Ireland
England
Germany

Suzanne from Scotland commented at the end of the course: “ The lessons on leadership will be helpful to me in my work. I really appreciated the time and study. Both my husband and I love the Precept studies and they have made a difference in my life. The observation methods have been particularly useful as it helps slow down reading and really helps you understand what is actually been said. Thank you.”

MAY - PRECEPT BIBLE SCHOOL – ESTHER

We completed a 3-day Precept Bible School studying PUP Esther over the period 16-18 May 2025. The purpose of the PBS is 3-fold:

To be equipped to know God better
To be encouraged as we study with others
To be established in the Word of God

When asked why they had come on the PBS these were some of the responses:

Jan : “ Investing this time to be fed from God's word and asking the Lord to speak to my heart. Looking forward so much to studying Esther .”

Maggie : “ I longed to know God more and I have found Inductive Bible Study the most amazing tool that has brought me deeper into a relationship with God and long to know him more. It is life transforming. ”

Maureen: “ To learn more about the Lord & to become more like Him in every way possible. To “ ” be ready to be to be used by Him for such a time as this .”

Jan commented at the end of the course: “ It was a real blessing to invest three days in Esther. It was so challenging but also exciting to be reminded of how God is working out the details of our lives and if we are willing to obey his leading, He can use us in ways that we never imagined. We can be that man or woman that God has prepared and has brought to the right place at the right time "for such a time as this ".

Maureen wrote: " It was wonderful to spend 3 full days with other “hungry” Christ followers, studying the Book of Esther.

All I can say is “Oh the depth of the riches” of His word, when I take time to study its pages in fine detail.”

Maggie wrote: “ I am so grateful and blessed in the way God has guided and led me to Precept Ministry, where I have found learning to study inductively takes me to desire to know and love Jesus more. I can truly say God has transformed my life and given me a deeper understanding and longing to abide in Him. Nothing else fills my heart more as when I spend time in His word and prayer. He gives us all we need to live in this world when we seek Him with all our hearts . "

DEATH OF PRECEPT’S FOUNDER MRS KAY ARTHUR

On 20 May 2025 our founder, Mrs Kay Arthur died. News of her death spread far and wide. Kay Arthur set up Precept with her husband Jack in 1970. Since then, the ministry has grown around the world to be in over 190 countries. We have hosted Kay on teaching tours to the UK over the years. Her memorial service was live-streamed and her son David spoke passionately about his mother’s life and legacy. Many will miss her insightful, brilliant teaching, her love of the Lord Jesus Christ, and her love for people of all ages and backgrounds. She truly was a servant of Christ, used mightily for His purposes and glory.

JUNE - CANOPY CONFERENCE

Precept Scotland had been invited to the annual conference of the Baptist Union of Scotland, known as ‘Canopy’, for the first time. This year’s theme was ‘Confidence in Jesus’ and the principal speaker was Gavin Calver, CEO of the Evangelical Alliance. We were given an opportunity at the Conference to sell books, create awareness of the ministry in Scotland, and generally make new contacts.

Photo: Michael Healy, Sandy Muirhead and Derek Hopper Manning the Precept stand at Canopy 2025

Sandy engaging with a delegate

Michael engaging with a delegate

This proved to be a very useful day. We were able to create awareness of Precept in Scotland, distribute informative leaflets and, as the occasion presented, ‘plug’ the Precept Bible School.

AUGUST - PRECEPT BIBLE WEEK AT THE GLO CENTRE, MOTHERWELL

Precept Scotland hosted a week’s Bible training at the GLO Centre in Motherwell from 11-15 August 2025. We studied the first 4 lessons of PUP 2 Peter, such a relevant study for today.

There were 13 people on the course, with one attending part-time.

We had 5 people who travelled from the Isle of Lewis including one 18-year -old – Photo to R

One lady travelled from St Andrews, a 2-hour drive away, while the others lived within an hour

From L to R, back to front: Tom, Ron, Shubhro, Elisabeth, Susie, Iona, Linda, Nigel Mary, Marion, Maggie, June and Anne

Shubhro commented “ A very important work is being done by Precept to bring the gospel and the Word of God to people.

It is vital for the nations that lives are built on the rock of the Word of God. May God bless this work and we be blessed by it.”

Marion said of the course: “ I have so enjoyed studying with this group. In the words of Peter we do well to pay attention to the prophetic words as a lamp shining in a dark place. Thank you Father that your words help us grow in grace and knowledge of our Lord and Saviour Jesus Christ .”

Iona emailed: “ A brilliant study on 2 Peter. I’ve learnt so much during this week. The teaching was excellent.

It would be nice to see more young people studying God’s Word in this way too .”

This was an excellent week of inductive study. The five people from the Isle of Lewis will continue to study, using NISS 1 and 2 Thessalonians. One lady will continue to disciple others one on one.

Others will also continue in their studies. Iona wants other young people to join in future studies which was particularly encouraging.

SHETLAND ISLANDS

Reverend Pete Dale and his wife Ruth invited us to come to the Shetland Islands a month before they were to leave to pastor a church in Spain.

Ruth has led Precept groups there for 7 years and completed 29 books of the Bible. Pete and Ruth were keen to raise other leaders in Shetland to take on the Precept groups when they leave.

We were able to encourage those new to Precept to join the existing group and talk with a couple of leaders about starting a separate Precept group for newcomers.

Pete and Ruth will be missed greatly once they leave.

Leaders raised up by Pete and Ruth in Shetland

GLO CONFERENCE – YOUTH STUDYING PRECEPT

GLO Europe’s annual conference took place in Motherwell recently with 130 missionaries.

While the adults were in their seminars, youth from Italy, Croatia, France, Spain and UK used our Precept Lightning studies to study the Bible.

They absolutely loved doing the marking and seeing how God's Word came alive.

It was a joy to be able to support the next generation with our free-todownload studies.

SEPTEMBER

Over the first couple of weeks of September Precept was busy in many different parts of Scotland, from as far afield as the Isle of Lewis in the west to St Andrews in the east.

The Lord opened a door for Precept on the Isle of Lewis. This is the third time that Precept Scotland has visited the island to do teaching. We spent time over 3 days working through 1 Thessalonians.

STORNOWAY, ISLE OF LEWIS

From L to R: Freddie, Iona, Gary, Elisabeth, Tom, Shubhro, Sandra, Isla, Bethany, Susie Keen Precept Bible students of all ages on the Isle of Lewis, studying NISS 1 Thessalonians

FROM UDDINGSTON TO ST ANDREWS

From the Isle of Lewis, we met to pray for Precept in Scotland at Maggie Adamson’s house with 2 of her 3 sisters (photo top left)! From there we travelled to St Andrews to start a new study on 1 Thessalonians, with Maggie’s other sister Marion!

TIDELINE CONFERENCE, KILMARNOCK

Precept Scotland had an exhibition stand at The Tideline, ‘Word and Spirit’ conference in Kilmarnock, where Tommy and Donna MacNeil from Martins Memorial in Stornoway spoke.

OCTOBER - PRECEPT BIBLE SCHOOL - 1 THESSALONIANS

We met online for 4 days from 17-20 October 2025 with 6 people from across the UK, two from Scotland, one from the Philippines and one from the USA to study PUP 1 Thessalonians.

Ruth joined from Scotland “ To enjoy everyone's company and study a new book . I’m addicted to learning how to lead and love the opportunity to be the student rather than the leader or teacher.”

Maureen commented : “It has reinforced the huge advantages of spending four days, studying the Word of God, with other hungry students. We were blessed beyond words. It has given me the desire to attend as many PBS as possible, to spread the word & to invite others to join too. I would encourage every Precept PUP student to join a PBS as there is so much to gain from four uninterrupted days of study with experienced leaders.

NOVEMBER – EUROPEAN DIRECTOR’S MEETING

We were invited to attend a European directors meeting in Warsaw, Poland from 3-7 November 2025.

We discussed the Precept Leader Academy programme and how effective it has been and where improvements can be made. The PLA trains leaders in the different Precept study materials.

FEBRUARY - PRECEPT BIBLE SCHOOL – GENESIS PART 1

For the first of our Precept Bible Schools in 2026, we met on Zoom for 4 days working through PUP Genesis Part 1 with folks from across the UK. Throughout the 4-day course, we walked slowly through the PUP, discussing the Word as we went. It was a precious time of sharing, discussing and learning for all of us. The Holy Spirit brought new insights to all of us as we slowed down to really observe what was written.

Ruth from Scotland said on finishing the course: “ Thanks so much for another great Bible school. My behaviour was challenged by listening to what others said, e.g. designating one day a week as a day of rest; being more radical in how my time is being used. It was encouraging to spend time with everyone .”

PLANS FOR NEXT YEAR

We have plans to host a seminar at the Canopy Baptist Union Conference in June, run a Precept Bible week at the GLO Centre in July, train a new church in inductive study also in July and revisit the Isle of Lewis in August. It seems there may also be an opportunity to partner in some way with Scripture Union in Scotland.

KEY STATISTICS

	2025/6	*2024/5*
Total number of goods sold (books)*	617	665
Income from sales**	£5,341	£5,261
Value of stock held	£17,370	£16,820
Total cash funds at the end of the year	£11,756	£15,938

* The Charity sells religious books in furtherance of its aims and objectives, but other items are also sold alongside this (e.g. CDs, DVDs, MP3’s, pens, timelines) which are not included in the numbers in the table above.

** Includes sales of religious books, all non-book items and income from Bible study training events held where the customer has paid to attend the training.

RESULTS FOR THE YEAR

As a result of a deficit for the financial year to 31 March 2026 of £4,172 (2024/25 deficit £1,066) , the Charity held unrestricted General Funds (cash) amounting to £11,756 (2024/25 £15,938) at the financial year end. The Trustees are satisfied with the level of reserves retained by the Charity.

Signed on behalf of the Trustees:

N J I Watts

Trustee Dated: ……………………… 2026

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees Charity Name Precept Ministries Scotland On accounts for the year 31/03/2026 Charity no SC039093 ended (if any) Set out on pages 1-2 I report on the accounts of the charity for the year ended 31 March 2026 which are set out on pages 1 to 2. Respective The charity’s trustees are responsible for the preparation of the accounts in responsibilities of accordance with the terms of the Charities and Trustee Investment trustees and examiner (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations and basis of 2006 (as amended). The charity trustees consider that the audit requirement independent examiner’s of Regulation 10(1) (a) to (c) of the 2006 Accounts Regulations does not statement apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.

My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner's statement

In the course of my examination, no matter has come to my attention:

which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations
to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations

have not been met, or

to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

----- Start of picture text -----
Date: 18/05/2026
Signed:
Name: Adeel Sahi
----- End of picture text -----

Relevant professional qualification(s) or body (if any):

ACCA

Address:

Bowdon Accounting Services Ltd Bartle House, Oxford Court, Manchester M2 3WQ

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern.

Give here brief details of None any items that the examiner wishes to disclose .

APPENDIX 2

SC039093

PRECEPT MINISTRIES SCOTLAND

	Receipts andpayments accounts	Receipts andpayments accounts	Receipts andpayments accounts	Receipts andpayments accounts	Receipts andpayments accounts	Receipts andpayments accounts	Receipts andpayments accounts	Receipts andpayments accounts	Receipts andpayments accounts	Receipts andpayments accounts
	For the period from	Period		start date			Period e		nd date
		Day	Mon	th	Year	to	Day	Mon	th	Year
		1st	April		2025		31st	March		2026

Section A - Statement of receipts and		payments
A1 Receipts	Unrestricted funds to nearest £ 7,610 - - - 5,208 109 - 900 - 13,827 - - -	Restricted funds to nearest £ - -		Expendable endowment funds to nearest £ - -			Permanent endowment funds to nearest £ - -		Total funds current period to nearest £ 7,610 - - - 5,208 109 - 900 - 13,827 - - -		Total funds last period to nearest £
Donations	7,610										9,017
Legacies	-										-
Grants	-										-
Receipts from fundraising activities	-										-
Gross trading receipts	5,208										5,261
Income from investments other than land and buildings	109										124
Rents from land & buildings	-										-
Gross receipts from other charitable activities	900										811
Rounding Adjustment	-										-
*A1 Sub total*	13,827										15,213
A2 Receipts from asset & investment sales
Proceeds from sale of fixed assets	-										-
Proceeds from sale of investments	-										-
*A2 Sub total*	-										-
*Total receipts* A3 Payments
	13,827	-		-			-		13,827		15,213
	- 1,347 - 16,451 - - 200 - - 1 17,999 - - -	- -		- -			- -		- 1,347 - 16,451 - - 200 - - 1 17,999 - - -
Expenses for fundraising activities	-										-
Gross trading payments	1,347										2,328
Investment management costs	-										-
Payments relating directly to charitable activities	16,451										13,014
Grants and donations	-										-
Governance costs:	-										-
Audit / independent examination	200										792
Preparation of annual accounts	-										-
Legal costs	-										-
Other (rounding adjustment)	1										-
*A3 Sub total*	17,999										16,134
A4 Payments relating to asset and investment movements
Purchases of fixed assets	-										145
Purchase of investments	-
*A4 Sub total*	-										145
*Total payments* *Net receipts / (payments)* A5 Transfers to / (from) funds *Surplus / (deficit) for year*
	17,999	-		-			-		17,999		16,279

	4,172) (	-		-			-		4,172) (		1,066) (

	-								-

	4,172) (	-		-			-		4,172) (		1,066) (

APPENDIX 2

SC039093

PRECEPT MINISTRIES SCOTLAND

Section B Statement of balances

Computer Equipment (PC) Fixtures & Fittings Cash and bank balances at end of year (Agree balances with receipts and payments account(s)) Cash and bank balances at start of year Details Savings Bank Account Details Office Equipment (POS/Phone) Details Details Signature None None Details* Surplus / (deficit) shown on receipts andpayments account	Restricted funds to nearest £ - - - - Fund to which	Expendable endowment funds to nearest £ - - - - Fund to which	Total last period to nearest £
			17,004
			1,066) (
			15,938
			-
			Last year to nearest £
		Unrestricted	10,993
			10,993
			Last year to nearest £
	Unrestricted / General Fund		2,923
	Unrestricted / General Fund		1,311
	Unrestricted / General Fund		1,524
			5,758
			Last year to nearest £

			-
			Last year to nearest £

			-
			Date of approval
NJI Watts	Nigel John Iremonger Watts (Chair)		19/05/2026

2025-26 OSCR RP Submission / Statement of balances

December 2007

APPENDIX 2

SC039093

PRECEPT MINISTRIES SCOTLAND

Section C Notes to the Accounts

C1 Nature and purpose of Precept Ministries Scotland is a charitable trust. Its charitable purposes and management arrangements are funds (may be stated on analysis governed by a Trust Deed dated 23 October 2007 (amended 10 June 2010). of funds worksheets) The aims of the Charity are to hold the Trust Fund and its income under trust and apply them for the advancement of the Christian religion in accordance with the provisions contained in the Deed of Trust. The principal activity of the Charity is the distribution of literature and learning materials produced by Precept International in Chattannooga USA, and the provision of training in the use of such materials, with the object of encouraging and equipping people to discover truth for themselves by engaging in daily, rigorous Bible study using the inductive Bible study methodology, either individually or, preferably, as a member of a Precept Bible study group. The Charity is non-denominational, and association is open to all people living in Scotland.

Type of activity or project supported Not applica\ble	Number of grants made £	Number of grants made £

	Total	-

If no remuneration was paid during the period to any charity trustee or person connected to a trustee cross this box (otherwise complete section 3b)		x
Authority under which paid		£
Not applicable


If no expenses were paid to any Charity Trustee during the period then cros (otherwise complete section 4b)	s this box
Precept W Europe Directors Conference Poland, travel/accommodation Travel & car rental Nature of relationship Nature of transaction Not applicable	Number of trustees	£
Travel & car rental	2	321
Precept W Europe Directors Conference Poland, travel/accommodation	1	1,449
Nature of relationship Not applicable	Transaction amount (£)	Balance outstanding at period end (£)




Mr Nigel Watts is the Chair of Trustees for Precept Scotland and is also a volunteer Precept UK National Director and Chair of Trustees for Precept Ireland Ltd. During the Financial Year 1 Apr 2025 to 31 Mar 2026 (FY25/26), Mr Nigel Watts was acting on behalf of Precept International (PInt) based in Chattanooga Tennessee USA. Under his remit, he has responsibility and oversight for all three Precept offices on behalf of Precept International (PInt). As part of his duties Mr Nigel Watts was allocated a Budget by PInt in the furtherance of their Vision and Objectives (which are also shared by Precept Scotland, Precept UK and Precept Ireland Ltd). Expenditure on behalf of Mr Watts' various activities was paid for by Precept Scotland. Full refunds of all costs incurred were made by PInt and were supported by clear audit trails of costs incurred. A total of £1,449 was refunded by PInt, the income being under 'US Contributions'.

2025-26 OSCR RP Submission / Notes

December 2007

APPENDIX 2

PRECEPT MINISTRIES SCOTLAND

SC039093

Additional analysis (1)

Analysis of receipts and payments

1 Donations

Unrestricted funds to nearest £ Donations 2,097 Donations from Precept America 5,143 Gift Aid 370 Total 7,610 - Unrestricted funds to nearest £ Not applicable Total - - Unrestricted funds to nearest £ Sales of Products 38 Services 862 Uncategorised Income - Total 900 - 3 Gross receipts from other charitable activities 2 Grants	Restricted funds to nearest £ - - - - - Restricted funds to nearest £ - - Restricted funds to nearest £ - - - - -	Expendable endowment funds to nearest £ - - - - - Expendable endowment funds to nearest £ - - - - -	Permanent endowment funds to nearest £ - - - - - Permanent endowment funds to nearest £ - - - - -	Total current period to nearest £ 2,097 5,143 370 7,610 - Total current period to nearest £ - - - Total current period to nearest £ 38 862 - 900 -	Total last period to nearest £
					2,218
					6,553
					246
					9,017
					- Total last period to nearest £

					-
					- Total last period to nearest £
					148
					623
					40
					811
					-

4 Payments relating directly to charitable activities

Finance fees Trainingcosts Staff costs / Payroll Software / IT expenses Travel & Subsistence Office costs Miscellaneous Total	Unrestricted funds to nearest £ 103 2,721 8,778 648 1,810 980 1,411 16,451 -	Restricted funds to nearest £ - -	Expendable endowment funds to nearest £ - -	Permanent endowment funds to nearest £ - -	Total current period to nearest £ 103 2,721 8,778 648 1,810 980 1,411 16,451 -	Total last period to nearest £
						72
						3,307
						8,057
						678
						153
						666
						81
						13,014
						-

2025-26 OSCR RP SubmissionAdditional notes (1)

December 2007

APPENDIX 2

SC039093

PRECEPT MINISTRIES SCOTLAND

Additional analysis (2)

5 Breakdown of unrestricted funds

Receipts Donations Legacies Grants Receipts from fundraisingactivities Gross tradingreceipts Income from investments other than land and buildings Rents from land & buildings Gross receipts from other charitable activities *Sub total* Receipts from asset & investment sales Proceeds from sale of fixed assets Proceeds from sale of investments *Sub total* *Total receipts* Payments Expenses for fundraisingactivities Gross trading payments Investment management costs Payments relatingdirectlyto charitable activities Grants and donations Governance costs: Audit / independent examination Preparation of annual accounts Legal costs Other(roundingadjustment) *Sub total* Payments relating to asset and investment movements Purchases of fixed assets Purchase of investments *Sub total* *Total payments* *Net receipts / (payments)* Transfers to / (from) funds *Surplus / (deficit) for year* Nature andpurpose of funds	Unrestricted fund 1 - enter name of fund below General 7,610 - - - 5,208 109 900 13,827 - - -	Unrestricted fund 2 - enter name of fund below - - - - - - - - - - - -	Unrestricted fund 3 - enter name of fund below - - - - - - - - - - - -	Unrestricted fund 4 - enter name of fund below - - - - - - - - - - - -	Total unrestricted funds 7,610 - - - 5,208 109 - 900 13,827 - - - -	Total unrestricted funds last period
						9,017
						-
						-
						-
						5,261
						124
						-
						811
						15,213

						-
						-
						-

	13,827	-	-	-	13,827	15,213
	- 1,347 - 16,451 - - 200 - - 1 17,999 - - -	- - - - - -	- - - - - -	- - - - - -	- - 1,347 - 16,451 - - 200 - - 1 17,999 - - - - -
						-
						2,328

						13,014


						792



						16,134

						145
						-
						145

	17,999	-	-	-	17,999	16,279
					-
	4,172) (	-	-	-	4,172) (	- 1,066

	-	-	-	-	-	-

	4,172) (	-	-	-	4,172) (	- 1,066
					-
There are no Restricted Funds

2025-26 OSCR RP SubmissionAdditional notes (2)

December 2007

APPENDIX 2

SC039093

PRECEPT MINISTRIES SCOTLAND

Additional analysis (3)

6 Breakdown of restricted funds - Not applicable

Receipts Donations Legacies Grants Receipts from fundraisingactivities Gross tradingreceipts Income from investments other than land and buildings Rents from land & buildings Gross receipts from other charitable activities *Sub total* Receipts from asset & investment sales Proceeds from sale of fixed assets Proceeds from sale of investments *Sub total* *Total receipts* Payments Expenses for fundraising activities Gross tradingpayments Investment management costs Payments relating directly to charitable activities Grants and donations Governance costs: Audit / independent examination Preparation of annual accounts Legal costs *Sub total* Payments relating to asset and investment movements Purchases of fixed assets Purchase of investments *Sub total* *Total payments* *Net receipts / (payments)* Transfers to / (from) funds *Surplus / (deficit) for year* Nature andpurpose of funds	Restricted fund 1 - enter name of fund below - -	Restricted fund 2 - enter name of fund below - -	Restricted fund 3 - enter name of fund below - -	Restricted fund 4 - enter name of fund below - -	Total restricted funds - - - - - - - - - - - - -	Total restricted funds last period








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	- -	- -	- -	- -	- - - - - - - - - - - - - - - - - -











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						-

	-	-	-	-	-	-
					-
	-	-	-	-	-	-

					-

	-	-	-	-	-	-
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There are no Restricted Funds

2025-26 OSCR RP SubmissionAdditional notes (3)

December 2007