Scottish Charity No.SC040583
"storehouse
Trustees, Report and Financial Statements
For the year ended 31 July 2024
|+P
Innes & Partners
Chartered Certified Accountants

The Storehouse
CollteDts of the Financial St%¢emeDtsfor the year ended 31 July 2024
Page
Report of the TTUStees
Report of the Independent Examiner
Receipts and Payments Account
Statement of Balanc¢s
Notes to the Financial Statem¢nts

The Storehouse
Report of the Trusteesfur ihe year ended 31 July 2024
Thc Trustees are pleased to present their report together with the financial statements of the church for the
year ended 31 July 2024.
Sialus of Charlty and Governing DocumeNI
Thc Storehouse is establish¢d by Constitution. The legal form of the church is a SCIO (Scottish Charitsble
Incorporated Organisation) 8nd it is a registered Scottish Charity (No. SC040583). It is a two-tier
organisaiion with Trustees and Members (known as Partners in the constitution).
Prinelpal and registered address
The Storehouse Church
SA GaJTell Road
Kilysth
Glasgow
G65 9JX
Bonkers
Virgin Money
Sl)awlands Branch
21 Kilmarnock Road
Glasgow
G413YW
Al￿￿ und ajjllialion
Th¢ aims of the church are as follows:
The advancement of the Christian faith primarily in Kilsyth but also throughout Scoiland and
further afield by all means consiscent with the teachings of the Christian Bible. This includes
worship. ministry, mission, prayer, witness, education, community service and the supp)rt of
agencies And individudls and other charitable organisalions involved in Christian missionary work
or other activities that are in alignment with the objectives of 'The Storehouse"
The reliel. of those in need by reason of age, ill health. disability. financial hardship or other
disadvantage5.
To support and help people and families who are affected by drug, alcohol or other d¢pend¢ncies.
The provision of recreational facilities or Ihe organisalion of rec￿tIonal activities with the object
of improvin8 the Conditions of life for the p¢rsons for whom Ihc facilities or activities are primarily
intended.
The prevention and the relief of poverty.
Tr¥slees and offlce bearers
During this financial year, unfortunately due to various circumstances. the following Trustees stepped
down from their position-. Robert Ross. David Moir & David Wightman.
Names of the charity trustees on date of approval of Twslees. Annual Report:
Harry 13ioi¥n
Andrew Machray
Daniel M¢Al¢¢r
Julius Buameli
Ryan Gomian
l.iiiaiiLe ullic¢r
Interim Chair
Names of all other charity trustees during the period:
Atr8 aded If not lorwholeyear ..
Re5igi)eil Jaiiuary ?024
Resigned April 2024
Kesioned April 2U24
Robert Ross
David Moir
David Wiglitinaii
Pag¢ I

The Storehouse
Report of the Trusteesfor iheyear ended Jl July 2024
Appoinlmenl of Truslee
Trustees are appointed from within the Members (Partners). Trustees are appointed by the Members at a
Church meeting. Elected Trustees serve for a fixed period of three years. Retiring Trustees atr eligible for
nomination for re-electiott.
AetiviÉigs tsndachievements
During this financial year (August 2023 -July 2024) we have remained part of the Go Global FaTnily of
churches, as per lasi year the main purpose of this trnnsition is to access a potential source of experience.
advice and experienced personnel to help pwtically.
We continue to hold our Weekly Sunday Setvices, with Communion on the 2 and last Sunday of each
month where approximately 40 people attend &nd have visiting and internal speakers who come lo speak
aboui God's Love. and running along side the Sunday Service is our Sunday School (Jesus and Me) where
the kids learn about our Lord. This is currently for ages l year to 15 years old.
Prayer Meetings continue on a Wednesday afternoon and evenin8, Whe￿ we pray for each oiher. the church
and world wide missionaries and events.
Again in 2023 w¢ had a large Christmas Programme throughout Ihe month of December 23. with Winter
Wonderland on for l O days with approximately l 000 Adulis and Kids comin8 through our doors lo see the
True Meaning of Christma& and an outing to Stirling for our Fellowship Lunoh.
lrt conjunction with Friends of Kilsyth, we distributed over l 00 meals lo the K11s￿h and Villages families
who were in need of some Christhias Dinner and gifts.
F,ach Wednesday we continue to open our doors for the Storehouse Cafe caterinB for around 30-40 people
each we¢k from the ¢ominunity-
Ongoing we have our Pastoral Care Team. who visit the housebound and nursing homes, and pray for the
sick.
Friends of Kilsyth continued their activities from the Storehouse Church Building.
Other groups usin8 the church facilities are th¢ StV4rlels, Unmasked Mentsl Health and Storetots
Knitting Group.
Again this year in November we supported the Rotary ' Wrap Up Lanakshire project and many coats were
donal¢d for distribution to the Community, along with a School Unifom Day.
Addlilonal Informalion
The increase in gas and el¢ctri¢ity prices is a concern. We have a two ye8r fixed contract for 88s (stRrted
May 2024) and a two y¢ar fixed contract for electricity. We expe¢t Costs to increase. To ¢ow¢r this we will
need to increase our income. We are reviewing Ihe room hire charges for other users of the building and
will concentrdle on reducing our energy usage where possible.
Donaiedfacllliiu andservices
No material donations of goods or servic¢s were received during the year.
Page 2

The Storehouse
Report of the Trn5teufor the year ended 31 July 2024
Resultsfor iheyear
The Receipts and Payments Account on page 5 reflects a deficit for the year of £13,620 (2023.. sury)lus of
£3,745) which was covered from the charity's reserves. The church held unrestricted general funds
amounting to £42.486 (2023.. £57,533). designated funds of £1.791 (2023.. £1.487) and reslricted funds of
£6,164 (2023: £5,041) at the year end. The total funds held at the year end were £50.441 (2023: £64,061).
Reserve5
The Trustees aim to hold a 6-month reserve to cover all running expenses (rent, salaries, insurance, utilities.
administration costs). The level of unrestricted reserves as of 31 July 2024 was £42,486 (2023.. £57.533)
which is more than 500/• of lh¢ ¢xpenditure for 2023-2024 and so we are satisfied wilh the level of reseThe5.
Approved by the Trustees and signed on th¢ir behalf on .
2025 by:
Andrew Macbray
Trwlee
Page 3

The Storehouse
Report of the Independent Examiner to the Trusteesfor theyear ended 31 July 2024
I report on the accounts of the ¢h]Jrch for the year ended 31 July 2024 which are set out on pages 5 to 9.
Respective responsibilities of Trustees aDd e￿MIner
The Charity's Tnjslees are responsible for the prepardtion of the accounis in accordance with the temis of
the Ch￿itIeS and Trnstee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland)
Regulat?ons 2006 (as amendcd)- The Charity's Trnst¢es consider that the audit requirement of Regulation
10(1 ) (d) of the Accounts Regulations does not apply. 11 is my responsibiliry to examine the accounts as
requiTed undcrseclion 44(1) (c) of the Act and to stale whetherparticular mat￿5 have come to my attention.
Basis of independent examiner 8 Statement
My examination 15 carried out in accordance with Regulaiion I l of the Charitics Accounts (Scotland)
Regulations 2006 (as amended). An examination includes a review of the accounting records kept by the
Charity and a comparison of thc accounts presented wilh those records. It also includes consideration of
any unusual items or disclosures in the account5, and secks explanaiions from the trnsiees concerning such
matters. The procedures undertaken do not provide all the evidence that would be required in an audit. and
onseqLMtly I do not express an Audit optnion on the view given by the accounts.
Independent Exxmlner'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 requiremcnts..
to keep accounting records in accordance with Section 44(L) (a) of the 2005 Act and R¢8ulttion 4
of the 2006 Accounts Regulations (as amended), and
to prepare accounts which aLcord with the accounting records and comply with Regulation 9 of the
2006 Accounts Regulations (as amended)
have not been mel, or
2. to which. tn my opinion. attention should be drnwn in order to enable a proper und¢rstanding of the
accounts to be reached.
Jonathan N Inne5 FCCA
Managing Director
Innes & Partners Llmiled
Chartered Ceffified Ac¢ount8nts
Innes House
18 Shairps Business Park
Houstoun Road
Livingston
EH54 5FD
Date..
2025
Page 4
l+P
Innes & Partners
Chanered Cenifled Accountants

The Storehouse
Reeeipts and Payments Aceounlfor ihe year ended 31 July 2024
Notes Gener21 Designated Restricted
fund
fund
runds
2024
Total
2023
Total
Receipts
Gift aid offerings
Gift aid tax r￿laiM
Freewill offerings
Donations
Café
Rental income
Grant income
Bank interest
Other income
27,901
8.660
1.157
6.071
27,901
8,660
11,157
7,191
4,955
5232
9,100
887
326
28,781
9,803
8.860
7,288
3,528
4,172
9,500
284
69
312
808
4.955
5,232
9,100
887
326
Tot41 receipts
yments
Hire of premises
Heat and light
Insurance
Repairs and renewals
Administration, printing and other costs
Provisions and refreshments
Donations and grants
Fellowship gifts
Visiting speakers
Worship l AV
Winler Wonderland
Community support
Cleaning costs
Café expenses
Independent examination fee
Totsl pAymen¢s
(Deflelt) for the year before transfers
Transfer between funds
60,234
312
14063 75,409
72,285
31,748
18,944
1,315
6,179
2,901
740
143
31,748
640 19,584
lJ15
9,633
3240
740
S￿40
31,748
14,603
1210
1,844
2,476
126S
7,035
376
2J63
3.456
339
5,280
117
3,711
120
2,470
3,711
120
3,139
3284
553
5,628
792
669
2,784
107
5.628
500
3,714
446
1,123
783
792
69,S09
(9275)
(5,772)
(15,047)
57,533
5,780
(5,468>
5,772
13,740 89,029
68,540
1,123 (13,620)
3.745
(Deficit) for tbe year after transfers
Total funds brought forward
Total fuDds carried forwxrd
304
1,123 (13,620)
5,041 64,061
3.745
60.316
1,487
42,486
1,791
6,164 50,441
64,061
Page 5

The Storehouse
Statement of Balances as ai 31 July 2024
Notes
2024
2023
Opening (Deficit) Closing
balance for year
bftlonce
Opening Surplus Cloglng
balaDce for year
balance
Cash at bank and hand
64,061 (13.620) 50,441
64,061 (13,620) 50,441
60.316
3.745
64.061
Total CAsb b#lanee8
60,316
3,745
64,061
Represented by:
Unrestricied fund
Restricted funds
44.277
6,164
50,441
59,020
5.041
64,061
Ststement of assets At 31 Juty 2024
Currenl assets
Gift aid r￿1￿[M du¢
1,124
1,124
883
883
Ststement of liabilities At 31 Juty 2024
Independent examination fee
762
726
762
726
The financial stateTn¢nts on pages 5 to 9 were approved by the Trustees on
s1￿cd ort their behalf by the undernoted:
2025 and
Andrew Machray
rrustee
The notes on pa¥¢ 7 to 9 forni part of Ihese financial statements.
Page 6

The Storehouse
Notes to the Financial Slatementsfor theyear ended 31 July 2024
l. Aceountlng poliei
Accounling convenilon
The financial slatements have be¢n prepared under the historical ¢ost convention, and in ￿cordanCe with
the Charities Accounts (Scotland) Regulations 2006 (as amended).
Basls ofJ7nancialslatemenls
The financial statements have been prepared on a receipts and payments basis.
Receipts andPaymenls Aecomnl
For the purpose of the Receipts and Payments account as shown on pag¢ 5. funds are defined as follows:
Unres¢ricted funds comprise grants and other income received for Ihe objecls of1he chU￿h without further
specified putTrQ5¢ and 8r¢ available as general funds.
Deslgnated funds compris¢ grants and other income received for the objects of the church without ￿rther
pecified purpose but which the Trustees have designated for a specific purpose.
Restricted funds comprise income which has been r¢c¢ived for th¢ objKls of th¢ ¢hur¢h 8nd specified for
a restricted purpose within these objects by the donor.
2. TranJ8etions with Tru$teu and reimbursemellt of expen8e8
No Trust¢¢s r¢G¢ived remuneration or reimbursement of expenditure during the yeAr (2023: nil) in their
capacity as Trustees.
3. Related party transa¢¢lon$
There were no transactions made with related parties during the year (2023: nil).
Page 7

The Storehouse
Notes to the financial st¥4tementsfor the year ended 31 July 2024
4. Donationq and 2rants
Donalion5 and granls comprise all
fvnds paid os Mission gifts.
donaiionJ and Community
Unrnstricted Designated Restricted
fund
fund
fund
2024
Total
2023
Total
Haven
Compassion
Release International
Community donation
Bible s￿iety
SIM International
Outreach Europe
Go Global
Tearfund
Open D¢y)rs
Beihally Christian Trust
Donations < £ l 00
1.200
1.200
1.500
1200
1200
iJoo
117
1.585
1,200
1.200
200
300
1,000
117
400
300
100
150
150
280
400
443
loo
150
150
280
143
1.550
7.035
Total donatlons granty
143
5280
117
5540
5. UnreJtri¢¢ed funds
Balanc¢ at
01.118.23 Receipts P8ymeDts Trnnsfers
Balance a¢
31.07.24
General fund
Designated Mission fund
Totsl unrestritted funds
57,533
1,487
39,020
60,234
312
(69,509) (5.772)
(5,780)
5.772
175,289)
42,486
1,791
44,277
60,546
Explanatlon offundx
The Generalfund represents all income and expenditur¢ relating to the primary focus activities of the
charity, other than those for which funding is designated or restriLted.
The Designaied missionfvnd rwresents funds allocated by the Trustees for supporting Missionary work
and local communitv Droie£ts.
6. Restrl¢ted funds
BAlanee At
Batance at
01.08.23 Receipts Payments Transfers 31.07.24
Christmas fund
Caft
Families in need
North Lanarkshir¢ kids work
Trfh improvements for ki&% club
Arnold Clark funding
Storehouse cafe
312
293
3.882
312
428
13
5,1100
161
250
5.763
(5,628)
(3.869)
5,000
500
1.000
2,600
14,863
(339)
(750)
(3,154)
(13,740)
554
Total restricted funds
5,041
6.164
Page 8

The Storehouse
Notes to the financial statementsfor ihe year ended 3] July 2024
6. Reslri¢ted fundg (continued)
Explanalion offunds
The Chrislmas fvnd represents income and expenditure rais￿ and utilised for providing Christmas
Hampers to families in need in Kilsyth and the local communities in association with Community Council
and ihe local NHS health visitors.
The C'afefund represents income and expenditure rais¢d and utilised for providing a café for the public.
The Families in need fund represents monies received from the Corra Foundation for families and
children in t￿ed.
The Norih Lanarkshire ki(ts work fund represents moni¢5 received from North Lanarkshire Council for
hildren's work.
The Tech imprt>vemenisfor kids club fund represents monies received from Virgin Money Foundalion
for updating technology and upgrading stationery for kids club 8nd buying book￿ learning material for
them.
The Arnold Clark fund represents Tnonies received from Arnold Clark for maintenance.
The Siorehouse cafefvnd represents monic5 received from Voluntary Action North ianarkshire for The
Storehous¢ Café.
Pag¢ 9