2025-03-31-accounts

Charity registration number SC039592 (Scotland)

NOTHING IS IMPOSSIBLE MINISTRIES

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

TC Group Business Advisors & Accountants 180 St Vincent Street Glasgow G25SG

NOTHING IS IMPOSSIBLE MINISTRIES

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Charity number (Scotland) SC039592 Principal address 31 Ballayne Drive Moodiesburn G69 0QB Independent examiner TC Group Business Advisors & Accountants 180 St Vincent Street Glasgow G25SG Bankers The Co-operative Bank Pie PO Box 250 Skelmersdale WN86WT

NOTHING IS IMPOSSIBLE MINISTRIES

CONTENTS

	Page
Trustees report	1 - 3
Independent examiner's report	4
Statement of financial activities	5-6
Balance sheet	7
Notes to the financial statements	8 - 16

NOTHING IS IMPOSSIBLE MINISTRIES

TRUSTEES REPORT

FOR THE YEAR ENDED 31 MARCH 2025

The trustees present their annual report and financial statements for the year ended 31 March 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)".

Objectives and activities

Activities

The Trust's charitable objectives are to advance the Christian Religion and Community Development, in particular so as to encourage, provide support for, and promote:

• Christian Church Activities, initially within the Moodiesburn area of Glasgow, including mission courses, and outreach and discipleship opportunities, and

• Community Activities in Scotland, including the provision of facilities for family advice and mediation, study and prayer, and a Coffee Shop.

Grant making policy

The Trust makes grants to individuals and organisations that are generally known to the Trustees. The beneficiaries are involved in activities or ministries compatible with the Trust's objectives.

Achievements and performance

Significant activities and achievements against objectives

In relation to activities:

• During the year, the Church known as New Beginnings continued to meet for worship and Bible teaching each Sunday morning and in the evening for Bible Study. The Sunday morning Services were also broadcast and recorded over Zoom so that people who could not or did not want to join the service in person could join in or they could watch the sermons at a time convenient to them. The church's Sunday morning Service was attended by an average of 80 people. On Wednesday evenings they met for prayer. All of these meetings were held in the Trust's property at The Lighthouse, 73 Glenmanor Avenue, Moodiesburn.

• Sunday School continued to meet each Sunday morning with an average attendance of around 12 children of primary school age.

• The Church continued to develop its interest in worldwide Missionary work with the main focus being on Ministerio Nuevo Comienzos Centro Cristiano Familiar based in Argentina and Operation Mobilisation Mercy House project based in Zambia.

• The Church held a Harvest Thanksgiving Service in November and we collected donations of tinned, nonperishable foods, toiletries, cleaning products and baby items for The Bethlehem House of Bread Food Bank which is run by Cornerstone Christian Fellowship, Cumbernauld.

• The Trust continues to operate the community Coffee House from Unit 1 which was launched in April 2009. The Coffee House is open from 10am to 2pm every Monday, Tuesday, Wednesday and Friday. The Coffee House has provided opportunities for a number of people to gain volunteer work experience arising from referrals from social services and local high schools. The Coffee House is staffed entirely by volunteers from our church and local community.

• The Coffee House has supported the local primary schools and nurseries by hosting lunches for the children as special treats.

• The Trust continued our partnership with the local St Michael's Primary School to provide primary 7 pupils with the experience and practical reality of running a coffee shop. We welcomed primary 7 pupils to come to The Coffee House each Friday morning during January and February 2025, to work with our volunteer staff. From creating and designing the menus to waiting tables and serving the food, the children get a feel of what working in a coffee shop is really like. These events were greatly supported by the community and the children had a fantastic time. The school Principal and staff were also very pleased by how much the children had learned from the experience and how good the Coffee House staff were with the children. We do hope to continue this partnership with St Michael's Primary School in the future.

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TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

• The facilities of The Coffee House have enabled the Trustees to reach out to many needy individuals within the Moodiesburn community and we have helped a number of individuals spiritually, practically and compassionately.

• In October 2018, the Church partnered with missionaries from Argentina who are well known to the Church. Carlos and Liliana Barboza are planting a new church, Ministerio Nuevos Comienzos Centro Cristiano Familiar, in a very poor and deprived area of Argentina and we committed to raise funds to help them with the costs of erecting and furnishing a church building. We held a fundraising event in October 2024 which raised a total of £387.50. This amount was transferred to the Pastors in Argentina to be used to help the Argentinian church with its building project. This money was sent to Carlos Barboza for the Argentinian Church Building Fund.

• Our Church fellowship continued to support the work of Operation Mobilisation Mercy House bases in Zambia by gifting £100 per month to the project. We also held a fundraiser in June 2024 which raised £1875 for Mercy House.

• Through the work of The Coffee House we have continued to to gain the confidence of and form strong relationships with members of our community. We found that people with mental health, addiction and other life issues were drawn to us and were asking for help. We were able to establish a professional Counselling Service, which we started in September 2023. This service is offered free to individuals who feel that they could benefit from professional counselling. In November 2024 we entered into a new partnership with Street Connect which are an organization which help people to find freedom from addiction. Street Connect's Project Workers are trained in helping people caught in addiction and provide the support and accountability that is required to help individuals get free of their addiction. They can also help individuals to get into residential rehab facilities if that is what the individual requires. Together with the Street Connect Project Workers and volunteers from our Church we run a Addiction Recovery Cafe from The Coffee House each Thursday from 10am-2pm. This is a safe space for anyone to come into and find friendship, support, counselling and practical help. The recovery cafe is free to attend and provides hot soup, sandwiches, tea and coffee etc. The Street Connect team offer 1-2-1 support throughout the week for individuals who want this service.

In relation to funding:

• Continued participation by church members in Gift Aid Scheme.

Financial review

Principal sources of Funding

The Trust receives its funding from church members and attendees by way of weekly offerings and Gift Aid donations and from income generated by the Coffee House.

Results for the year

Per the Statement of Financial Activities on page 5, the church reported Net Income (i.e. a Surplus) for the year of £3,062 (2024 - Surplus £235,513) and total funds of £208,159 at 31 March 2025 (2024 £205,097).

Reserves policy

It is the policy of the Trust to maintain Unrestricted Funds at a level which equates to approximately three months of unrestricted expenditure which ensures sufficient funds to maintain the Trust's ongoing work. Per the Statement of Balances on page 7, the General Fund at 31 March 2025 amounted to £35,715 (2024- £26,517) which was acceptable to the Trustees.

Structure, governance and management

Nothing is Impossible Ministries ("the Trust") is established by Trust Deed and is a Scottish Charity, No. SC039592.

The trustees who served during the year and up to the date of signature of the financial statements were:

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TRUSTEES REPORT (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

Recruitment and appointment of trustees

Trustees are nominated for appointment by the existing Trustees. There is no fixed term for Trusteeship. Prior to their appointment, Trustees would be familiar with the Trust's values, its aims and objectives as well as its day-today operations. As part of their induction programme, new Trustees are required to understand their statutory responsibilities.

Independent Examiner

Philip Morrice, FCCA continues as independent examiner of the Charity as the designated Partner of TC Group, Business Advisors & Accountants responsible for this engagement. The Directors recommend that he remain in office as independent examiner until further notice.

The Trustees report was approved by the Board of Trustees.

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INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF NOTHING IS IMPOSSIBLE MINISTRIES

I report on the financial statements of the charity for the year ended 31 March 2025, which are set out on pages 5 to 16.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the financial statements in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10(1)(a)-(c) of the Charities Accounts (Scotland) Regulations 2006 does not apply.

It is my responsibility to examine the financial statements as required under section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and to state whether particular matters have come to my attention.

Basis of independent examiner's statement

My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking 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 financial statements.

Independent examiner's statement

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

1. which gives me reasonable cause to believe that in any material respect the requirements:

2. to keep accounting records in accordance with Section 44(1)(a) of the Charities and Trustee Investment (Scotland) Act 2005 and Regulation 4 of the Charities Accounts (Scotland) Regulations 2006, and

3. to prepare financial statements which accord with the accounting records and comply with Regulation 8 of the Charities Accounts (Scotland) Regulations 2006

have not been met, or

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

TC Group Business Advisors & Accountants 180 St Vincent Street Glasgow G[2 5] sG 19/12/2025 Date: ............................

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STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

Current financial year Unrestricted funds general Unrestricted funds designated Restricted funds Notes 2025 £ 2025 £ 2025 £ Income and endowments from: Donations and legacies 3 43,712 3,760 Charitable activities 4 41,518 Other income 5 Total income 85,230 3,760 Expenditure on: Charitable activities 6 74,566 6,766 4,596 Total expenditure 74,566 6,766 4,596 Net income/(expenditure) 10,664 (6,766) (836) Transfers between funds (1,466) 1,279 187 Net movement in funds 10 9,198 (5,487) (649) Reconciliation of funds: Fund balances at 1 April 2024 26,517 177,272 1,308 Fund balances at 31 March 2025 35,715 171,785 659	Total 2025 £ 47,472 41,518 88,990 85,928 85,928 3,062 3,062 205,097 208,159	Total 2024 £ 299,217 39,214 2,601 341,032 105,519 105,519 235,513 235,513 (30,416) 205,097

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 8 to 16 form an integral part of these financial statements.

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STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

Prior financial year Unrestricted funds general 2024 Unrestricted funds designated 2024 Restricted funds 2024 Notes £ £ £ Income and endowments from: Donations and legacies 3 288,900 10,317 Charitable activities 4 39,214 Other income 5 2,601 Total income 330,715 10,317 Expenditure on: Charitable activities 6 85,240 6,405 13,874 Total expenditure 85,240 6,405 13,874 Net income/(expenditure) 245,475 (6,405) (3,557) Transfers between funds (6,391) 1,841 4,550 Net movement in funds 10 239,084 (4,564) 993 Reconciliation of funds: Fund balances at 1 April 2023 (212,567) 181,836 315 Fund balances at 31 March 2024 26,517 177,272 1,308

Total 2024 £ 299,217 39,214 2,601 341,032 105,519 105,519 235,513 235,513 (30,416) 205,097

The notes on pages 8 to 16 form an integral part of these financial statements.

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BALANCE SHEET

ASAT 31 MARCH 2025

Notes Fixed assets Tangible assets 12 Current assets Debtors 13 Cash at bank and in hand Creditors: amounts falling due within one year 14 Net current assets Total assets less current liabilities The funds of the charity Restricted income funds 15 Unrestricted funds - general 17 Unrestricted funds - designated 16 . . The financial statements were approved by the trustees on...	2025 £ 6,703 34,070 40,773 (4,399) 19/12/2025 ......................	£ 171,785 36,374 208,159 659 35,715 171,785 208,159	2024 £ 6,059 25,902 31,961 (4,136)	£ 177,272 27,825 205,097 1,308 26,517 177,272 205,097

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NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

Charity information

Nothing is Impossible Ministries is a registered Scottish Charity (No. SC039592). The church's office address is 31 Ballayne Drive, Moodiesburn, G69 0QB.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.

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£.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or granters as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

• 1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold land and buildings	2% straight line
Fixtures and fittings	20% straight line
Computers	25% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9 Financial instruments

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

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.

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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

Basic financial assets

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

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled.

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2 Critical accounting estimates and judgements

In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

• 3 Income from donations and legacies

	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
	funds	funds		funds	funds
	2025	2025	2025	2024	2024	2024
	£	£	£	£	£	£
Donations and gifts	43,712	3,760	47,472	288,900	10,317	299,217

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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

• 3 Income from donations and legacies

Income from donations and legacies Unrestricted Restricted funds funds 2025 2025 £ £ Donations and gifts Donations 11,632 1,160 Gift Aid donations 9,985 2,080 Income Tax reclaim 6,183 520 Offerings 14,913 Counselling services 999 43,712 3,760	(Continued) TotalUnrestricted Restricted Total funds funds 2025 2024 2024 2024 £ £ £ £ 12,792 261,187 5,775 266,962 12,065 7,895 4,542 12,437 6,703 6,059 6,059 14,913 12,795 12,795 999 964 964 47,472 288,900 10,317 299,217

4 Income from charitable activities

	Unrestricted	Unrestricted
	funds	funds
	2025	2024
	£	£
Income from Coffee House	41,518	39,214
Analysis by fund
Unrestricted funds - general	41,518	39,214

5 Other income

	Unrestricted	Unrestricted
	funds	funds
	2025	2024
	£	£
Other income		2,601

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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

6 Expenditure on charitable activities

Direct costs Depreciation and impairment Premises costs Running costs Accountancy costs Interest and finance costs Government costs Grant funding of activities (see note 7) Analysis by fund Unrestricted funds - general Unrestricted funds - designated Restricted funds 7 Grants payable Grants to institutions: Church Building, Argentina Haiti Project Operation Mobilisation (Hope House, Zambia) Glenmanor Primary Parent Council Connect 2 Teen Challenge,Forth Valley Revive Scotland (Harvest Ministries) Street Connect Go Youth Trust Victory Outreach,Manchester Grants to individuals	2025 £ 6,766 22,661 43,318 629 978 2,905 77,257 8,671 85,928 74,566 6,766 4,596 85,928 2025 £ 1,334 3,075 2,000 187 6,596 2,075 8,671	2024 £ 6,405 26,134 49,997 573 1,254 2,405 86,768 18,751 105,519 85,240 6,405 13,874 105,519 2024 £ 2,747 60 3,803 300 830 7,324 530 200 1,500 17,294 1,457 18,751

Gifts totalling £8,671 and ranging from £30 to £2,000 were awarded to 26 individuals and 4 institutions during the year ended 31 March 2025.

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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

8 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

9 Employees

The average monthly number of employees during the year was:

Total There were no employees whose annual remuneration was more than £60,000. 10 Net income/(expenditure) for the year Operating for the year is stated after charging: Fees payable for independent examination of accounts Depreciation of owned tangible fixed assets	2025 Number 2024 Number 2025 2024 £ £ 2,905 2,405 6,766 6,405

11 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

12 Tangible fixed assets

Leasehold land and buildings Fixtures and fittings Computers £ £ £ Cost At 1 April 2024 254,849 51,380 4,355 Additions 784 495 At 31 March 2025 254,849 52,164 4,850 Depreciation and impairment At 1 April 2024 81,552 49,727 2,033 Depreciation charged in the year 5,097 714 955 At 31 March 2025 86,649 50,441 2,988 Carrying amount At 31 March 2025 168,200 1,723 1,862 At 31 March 2024 173,297 1,653 2,322

Total £ 310,584 1,279 311,863 133,312 6,766 140,078 171,785 177,272

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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

13 Debtors

Debtors
	2025	2024
Amounts falling due within one year:	£	£
Other debtors	6,703	6,059
Creditors: amounts falling due within one year
	2025	2024
	£	£
Other taxation and social security	807	598
Trade creditors	837	913
Accruals and deferred income	2,755	2,625
	4,399	4,136

14 Creditors: amounts falling due within one year

15 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

	At 1 April	Incoming	Resources	Transfers	At 31 March
	2024	resources	expended		2025
	£	£	£	£	£
The Argentina Partnership
(Church)	1,308	387	(1,334)		361
The OM Mercy House Food
Programme,Zambia		3,373	(3,075)		298
Revive Scotland,Harvest
Ministries			(187)	187
	1,308	3,760	(4,596)	187	659
Previous year:	At 1 April	Incoming	Resources	Transfers	At 31 March
	2023	resources	expended		2024
	£	£	£	£	£
The Argentina Partnership
(Church)	315	3,740	(2,747)		1,308
The OM Mercy House Food
Programme, Zambia		2,203	(3,803)	1,600
Revive Scotland, Harvest
Ministries		4,374	(7,324)	2,950
	315	10,317	(13,874)	4,550	1,308

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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

15 Restricted funds

(Continued)

The Argentina Partnership (Church)

Represents donations received from Church members and friends to fund the purchase of land in Argentina and assist the planting of a new church, Ministerio Nuevos Comienzos Centro Cristiano Familiar.

The OM Mercy House Food Programme, Zambia

Represents gifts received from Church members and friends through specific offerings and donations to help finance the work of Operation Mobilisation's Mercy House Food Program in Zambia.

Revive Scotland, Harvest Ministries

Represents gifts received from Church members and friends through specific offerings and donations to help support the work of Revive Scotland. During the year ended 31 March 2025, the Fund received a £187 transfer from the General Fund to cover the Fund's operating deficit.

16 Unrestricted funds - designated

These are the designated funds which have been set aside out of unrestricted funds by the Trustees for specific purposes:

	At 1 April	Resources	Transfers	At 31 March
	2024	expended		2025
	£	£	£	£
Fixed assets	177,272	(6,766)	1,279	171,785
Previous year:	At 1 April	Resources	Transfers	At 31 March
	2023	expended		2024
	£	£	£	£
Fixed assets	181,836	(6,405)	1,841	177,272

Fixed assets

Fixed assets represent the Fixed Asset Register held within the charity. During the year transfers of £1.279 were made from the General Fund representing new assets purchased.

17 Unrestricted funds

These are the unrestricted funds to the charity

At 1 April 2024 £ General funds 26,517 Previous year: At 1 April 2023 £ General funds (212,567)	Income Expenditure Transfers At 31 March 2025 £ £ £ £ 85,230 (74,566) (1,466) 35,715 Income Expenditure Transfers At 31 March 2024 £ £ £ £ 330,715 (85,240) (6,391) 26,517

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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

18 Analysis of net assets between funds

Unrestricted Unrestricted Restricted funds funds funds general designated 2025 2025 2025 £ £ £ At 31 March 2025: Tangible assets 171,785 Current assets/(liabilities) 35,715 659 35,715 171,785 659 Unrestricted Unrestricted Restricted funds funds funds general designated 2024 2024 2024 £ £ £ At 31 March 2024: Tangible assets 177,272 Current assets/(liabilities) 26,517 1,308 26,517 177,272 1,308	Total 2025 £ 171,785 36,374 208,159 Total 2024 £ 177,272 27,825 205,097

19 Related party transactions

There were no disclosable related party transactions during the year (2024 - £249,987).

During the year ended 31 March 2024, donated the previous year loan, £249,987 to the charity.

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