REGISTERED COMPANY NUMBER.. SC409275 (Scotland) REGISTERED CHARifi NUMBER: SC0426Tr teme Year Ended 1 December 2025 for One Church Scotland Ltd Benson Wood & Co (ScolarKI) Ltd. 2nd Floor(East) Belgrave Court Rosehall Road Bellshill ML4 3NR
ne hurch tland Ltd Contents of the Financial Statements r the Year En 31 Decembe 20 Page Report of the Trustees 1 to 5 Independent Examlne¢s Report Statem8nt of Financial Activities Balan Sheet Not8S to the Financial Statements 10 to 15 Detalled Statsment of Financial Activities 18 to 17
ne Church Scotland Ltd ort of the Trustees for the Year Ended 31 December 2025 The trustees who are also directors of the charity for the purposes of the Companies Act 2008, present their report with the finan¢ial ststements of the charity for the year 8nded 31 December 2025. The trustses hav8 adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparfng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). OBJECTIVES AND ACTIVITIES Objoctlves and alms To promote th8 advancement of the ChrIS.an Gospel in the area ol Coalbrfdge and elsewh•r•. To promote Christ's klngdom by holdlng Evangelistlc, Fellowshlp. and Prayer me8tlngs and to serve the community in Pastoral care, charitable works and amelioration of needs. ACHIEVEMENT AND PERFORMANCE Charftable actlvltles During this financial perfod, we have bean able to help individuals wlthln the church, ttrB wider communlty, and other charftable organSsatlons, both practlcally and financlally. We have done this in various ways. - We vMr• able to ble$s tha fathers and mother wlth a glft on Fatherfs Day & Motheffs Day - Contlnulng to Sponsor four ¢hlldren via the programme run by the charlty Compassion. Contlnulng to sponsor Aprender which helps traln teachers and educate childran refugees In the Mlddle East. - Contlnuing to sponsor Chrlstians Agalnst Povety 8n organlsatlon which provldes the CAP Money Course and works with indivlduals to help get them out of debt. - Contlnulng to sponsor a new Inltiatlve by a couple In our fellowshlp whose aim is to help maffjed couples build genuine healthy marrlages shaped by God's deslgn. - W• were able to make a Ilnanclal donation to a Ukrainlon Pastor to all(w hlm to purchase a mlnlbus. Page 1
ne Church Scotland Ltd for the Year Ended 31 December 2025 FINANCIAL REVIEW Reserves poll¢y It is the policy of the trustses to hcAd reserves amounlir¥J to at least hair of the nUal Funnlng costs of the Church. The financial statement that we have set out sh(y4ffj a surplus of £8.787 {2024: £4,093). Incomlng resources have Increased by almost £890. DonatK)ns had decreased by over £2,300 however this YS offset by and inttease in other income of £2,175, most notably being in receipt of a grant for One Youth of £1.950. The church also received additional gifts and gift aid in comparison with the prior year. Expenditure has decreased by just over £1,8CKJ during tha year. whtch was a very simdar result in the prior year though this year has been for differing reasons. Wage (a)sts incxeased by over £19,000 in the year, reflecting a full years cost of youth worker salary vth•re the prior year only had a few months. This has b•8n largely offset by savings of over £8,000 in light and heat and over £13,000 In domastic mission. Expenditure on kids mlnlstry increased by over £1,91X) but 8xpandire on gifts and events In the year reduced by Just under £3,7CQ combined. Though donatlons have decreased, with addition hKome and good stewardshlp of the expenditure the trustees are pleased with tho increased SuU$ as the charlties aims and objectives continue to be mot wSthoui the use ol past reserves being requlred alkmlng further investrnent for these alms In the coming year. STRUCTURE, GOVERNANCE AND MANAGEMENT Govornlng document The charity is ntrOlled by its goveming document. a deed of trust, and constltutes a Ilmlted company, Ilmlt•d by guarantee, as defined by the Companies Act 2(K. The Church was set up by the trustees and was recognlzed as a Scottlsh Charlty Imth effect from 12th October 2011. It is admlnistered in accordance with the Memorand & Artrcles of Associatlon. R•crultm•nt and appolntm•nt of nthv tru$t••s The tNstees vKre those appointed in prior years since the establishment of tha Chanty. Appointrnent and removal Is In accordance %*ith the Memorandum & AriKles of Association. REFERENCE AND ADMINISTRATIVE DETAILS Reglster•d Company number SC409275 (Scotland) Reglstered Charlty numb•r SC042677 Reglstered offlc• 43 Jackson Street Coatbridge Lanarkshire ML5 3NL Page 2
Church and Ltd rt of the Trustees for the Year Ended 31 December 2025 Tfustees RJCobb M Cobb F Cobb J Mutch Mrs E Mutch Miss A M Nelson Independent Examlner Christopher Wilson BA (Hons) FCCA Benson Wood & Co (Scoland) Ltd. 2nd Floor(East) Belgrave Court Rosehall Road ML4 3NR Page 3
ne Church Scotland Ltd ort of the Trustees for the Year Ended 31 December 2025 OTHER INFORMATION Our fourteenth year as an independent local church has seen our presence in the communlty continue and we have eXperiend a growth in the number of people who n¢>N Call Ona Church Scotland tholr spiritual home. To offer opportunity for our church family to invite friends and family, who may not want to attend church. we organised various events. these included'.- running our fortnlghtly Hub - provlding free food, tèa & coffee. and f8llowsh5p, as a means to get people to mix in 8 comfortable $eth'ng with a relaxed atmosphere. church day in the park; - A Breakfast vlth Santa event. In addition to the above, offered the opportunity for our church f8mily to meet to encouragè and build relationshlps wlth one another and God, these Included the following:. - Prayer Meetlngs, induding 24-hour prayer room and United Church prayer wlth local churthes. . Worship nlghts wlth the Wlklfire Team. - Small Groups. Ladles craft day. - L8dies' prayer breakfasts. - ONE cholr. - Men's prayer breakfasts. YOUTH - Our Youth Wother ha$ contlnued to run our Successful Initlatlve called ONEGEN. Hollday Club for pdmary school klds. - A youth football club. - A Youth Alpha was run and Induded a Mario Cart competitlon, Varfous avents wore run throughout the year whlch all0d the youth of One Church and other local churches to socialise and worship In a setting totally tsllored to them. It also allsmd them to invlte thelr friends who may not ordlnarily attend other church events. - Our youth café has contlnued and has glven the local high school kids a saf8 space to r•lax wlth video & board garnes or to study at the end of the Y8k. - A Starbuck & Scrlpture initiative was started where the youth met in the local coffee Shop for coffee and Bible study. . Several of our youth attended the national Magnltude conference, vthere they were able to fellowshlp wlth youth from other ChCha5. We also helped fund the local church in the park èvent run in association wilh some of the local churches in Coatbridge thich induded various events provided free to the local community. Many church members volunteered and helped run these events. Our Care Team continues to support our family membars who are sufferlng hardship, ill health. and family bereavement. As a source of encouragement, we sent cards, delivered flowers and provided food and flnance, arranged counselling, as y11 as much needed pastoral care. The Pastoral Team also conducted both weddings and funerals. Appmed by order of the board of trustees on 17 Aprfl 2026 and signed on its behalf by: Page 4
One Chu tland L rt of the Twstees for the Year Ended 31 December 2025 M Cobb - Trustee Page 5
Inde One erKlent Examinerfs Re hurch scOand Ltd ort to the Trustees of I report on the accounts for the year ended 31 December 2025 set out on pages seven to fifteen. The charbtls tNstees are responsible for the preparation of the accounts in accordance with the temis of the Charities and Trustee Investment (Srxjlland) Act 2005 and the Charities Accounts (Scodand) Regulations 2008. The charity's trustees nSider that the audit requirement of Regulatit)n 10{1)(a) to (c) of the Accounts Regulations does not 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. Basls of the Independent examinefs report My examination vms Carrled 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 charfty and a comparison of the a¢¢ounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees con¢eming any such matters. The prOdureS undertaken do not provide all the evidence that Vld be required in an aud1( and consequently I do not express an audit opinion on the view giv by the a¢unts. Independent examinefs statement In connection with my examination, no matter has come to my attention . (1) which gives ma reasonable cause to believe that, in any material respact. the requirements to keep accounllng records in accordance wtth Section 44(1){a) of the 2005 Aci and Regulation 4 of the 2006 Accounts Regulations,. and to prepare accounts which accord with the accounting records and to comply wlth Regulatlon 8 of the 2006 Accounts Regulations have not been met; or (2) to which, in my opinion. attention should be drawn in order to enable a proper understanding of the accounts to be re¥hed. Christopher Wilson BA (Hons) FCCA Benson Wood & Co (Scolland) Ltd. 2nd FloorlEast) Belgrave Court Rosehall Road ML4 3NR 17 April 2026 Page e
ne hurch tland Ltd Statement of Financial Activities for the Year Ended 31 December 2025 31.12.25 Total funds 31.12.24 Total funds Unrestricted Restricted fund funds Notes INCOME AND ENDOWMENTS FROM Donations and18gaaes 80,987 1,739 82,726 84,105 Charftable activities The advanc8m8nt of the Christian Gospel 6,366 1,059 7,425 5.160 Total 87,353 2,798 90,151 89.265 EXPENDITURE ON Charitable actlvities The advancement of th8 Christian Gospel 83,364 83,364 85,172 NET INCOME 3,989 2,798 6,787 4,093 RECONCIUATION OF FUNDS Total funds brought forward 193,208 33.130 226,338 222,245 TOTAL FUNDS CARRIED FORWARD 197,197 35.928 233.125 228,338 The notes form part of these financial statements Page 7
One Church Scotland Ltd Balance Sheet 31 December 2025 31.12.25 Total tur$ 31.12.24 Tot funds Unrestricted Restrided fund funds Notes FIXED ASSETS Tangible assets 8.837 8.837 10,419 CURRENT ASSETS Debtors Cash at bank and In hand 20.269 169,382 150 35,778 20,419 205.160 14,714 202,504 189.651 35.928 225,579 217,218 CREDITORS Amounts fauing due within on8 year (1.291) (1,291) (1.299) NET CURRENT ASSETS 188.360 35.928 224.288 215.919 TOTAL ASSETS LESS CURRENT UABIUTIES 197.197 35,928 233.125 228,338 NET ASSETS 197.197 35,928 233,125 228,338 FUNDS Unrestrfcted funds Restricted funds 197.197 35,928 193,208 33,130 TOTAL FUNDS 233,125 226,338 The tharitable company is enlilled to exemption from audit under Section 477 of Ihe Companies Act 2006 for the year ended 31 December 2025. The members have not requwed the company to ottiin audit of its financial $tat8ments for the year ended 31 December 2025 in accordance with Section 476 of the C¢)mpanies Act 20(. The trustees acknth•Aedge their r8sponsitAlites for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 20(% and (b) preparing finanaal statements which give a true and fair viw of the stste of affairs of th8 charitable company as at the end of eath finarrial Ye and of its surplus or defiat for each finanaaS year in acrdan wilh the requirements of Sethns 394 and 395 and vthich Olherwise comply yth the requirements of the Companies Act %X16 relatbng to finala1 statements, so far as applicable to the charitable company. The notes forni wt of these finanaal statements Page 8 continued...
One Church scOand Ltd Balance Sheet- continued 31 December 2025 These financial statements hav8 been prepafftl in acccxdance the provisions applicable to chaiitable companies subj'ect to tr* small companies regime. The financiat statements were approved by 1he Bowd of Trustees and authorised for issue on 17 April 2026 and were signed on ils behalf by: AMN son - Trustee M Cobb- Trustee The notes fomi part of these financial slaternts
One Church Scotland L Notes to the Financial Statements for the Year Ended 31 Decembèr 2025 ACCOUNTING POLICIES 8asl$ of preparfng the flnanclal statements The financial statements of the charitable company, which is a public beneftt entity under FRS 102, have been prepared in accordance with the Charities SORP {FRS 102) 'Accounting and R8POrting by Charits'es.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) (eff8¢tive 1 January 2019)., Financial Reporting Standard 102 The Financial Reporting Standard appllcable in the UK and Republic of Ireland, and the Companies Act 2006. The financlal statements hav8 been prepared under the historical cost convention. Financial reporting standard 102 - reduced disclosure exemptlons The charitable Gompany has taken advantage of the following disclosure exemptions in pparing these financial statements, as pemiitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland.. the uIreMents of Section 7 Statement of Cash Flows. Income All income is recognised in Iha Statement of Financial Activities once the charity has entitlement to th8 funds, It Is probable that the income will be received and amount can be measured reliabty. Expendlturn Liabilities are recognised as expenditure as soon as there is a legal or constwctive obligation commith'ng the charity to that expenditure, it is probable Ihat a transfer of economic benefrts will ba required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has be8n 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 wilh the use of resources. Tanglble fixed assets Depreciation is provided at the following annual rates in order to wite off each asset over its estimated useful lrfe. Improvements to propèty Fixtures and fittings Media and music equipment 20% on reducirwJ balance 20% on reducing balance 25% on reducing balance Taxatlon The charity is exempt from corporation tax on its charitable actlvllies. Fund accounting Unrestricted funds can be used In accordance wilh the charitabla objectives at the discretion of the trustees. Restrtcted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions aris8 when specified by the donor or when funds are raised for parbcular restrided purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Page 10 continued...
ne Church stland Lt Notes to the Financial Statements - continuad for the Year Ended 31 December 2025 ACCOUNTING POLICIES - contlnued Hirn purchase and leaslng commttments Rentals paid under operating lea$e$ are charged to the Statement of Financial Activities on a stratht line basls over the period of the lease. Pension costs and other post-relirement benefits Th8 chaiitable company operates a defined contribution pension scheme. Contributions payable to the charitable CoMpanS pension scheme are charged to the Statement of Financial Activities In the period to vthich they relats. NET INCOMFJ(EXPENDITURE) Net incomel(8xpenditure) is stated after chargingl(crediting).' 31.12.25 31.12.24 Depreciation - owned assets Other operating leases 2,240 14,400 2,826 13,200 TRUSTEES, REMUNERATION AND BENEFITS There Vre no tru$tees' remuneration or other benefits for the year ended 31 Dec8mber 2025 nor for the year ended 31 December 2024. Trustees, expenses There were no trustees, expenses paid for the year ended 31 December 2025 nor for ttr year ended 31 December 2024. STAFF COSTS The average monthly number of employees during the year was as follows: 31.12.25 31.12.24 Church deaner Youth worker No employees received eNlurnents in excess of £60.000. Page11 continued...
hurch Scotland Lt Notes to the Finan ia ts - continued for the Year Ended 31 December 2025 TANGIBLE FIXED ASSETS Improvements Fixiuras and fittings Media and music equlpment property Totals COST At 1 January 2025 Addllons 25,930 8,898 17,218 658 50,048 658 At 31 December 2025 25,930 6,898 17.876 50,704 DEPRECIATION At 1 January 2025 Charge for year 21,480 888 5,425 171 12,722 1,181 39,627 2,240 At 31 December 2025 22,388 5,598 13,903 41,887 NEf BOOK VALUE At 31 December 2025 3,582 1,302 3.973 8,837 At 31 December 2024 4,450 1,473 4,498 10,419 DEBTORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 31,12.25 31,12.24 Other debtors A¢crued income Prepayments 3,309 14,574 2,538 13,950 764 20,419 14,714 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31,12.25 31.12.24 Other credltorn Accrued gxpen3es 128 1,165 128 1,173 1,291 1,299 Page 12 continued...
One Church Scotland Lt Notss to the Finanaal tat ents- continued for the Year Ended 31 De¢ber 2025 MOVEMENT IN FUNDS Net movement in funds At 31.12.25 At1.1.25 Unrestrlcted funds Genèral fund 193,2t 3,989 197.197 Restrlcted funds Building Fund 33.130 35,928 TOTAL FUNDS 226,338 6,787 233,125 Net movemwtt In fijnds, IndUd in th• above are as folkms: Incomlng ResourcLs Movement resources expended in fund8 Unrnstrlctgd funds General fund 87,353 (83,364) 3.989 Restrlcted funds Bullding Fund 2.798 2,798 TOTAL FUNDS 90,151 (83.384) 6.787 Comparatlve• ft>r mowm•nt In funds Net movement Sn furKIs At 31.12.24 At1.1.24 Unrestrlcted funds General fund 191.485 1,743 193,208 Restrlcted funds Bullding Fund 30.780 33.130 TOTAL FUNDS 222,245 4.093 226,338 Page 13 continued...
ne Church cotland Ltd No stot Financial tatements- conts'nued for the Year Ended 31 December 2025 MOVEMENT IN FUNDS - Contlnued Comparative net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrastrfcted funds General fund 86,915 (85,172) 1,743 Restrfcted funds Bulldlno Fund 2,350 2,350 TOTAL FUNDS 89,285 (85,172) 4,093 A current year 12 months and prior year 12 months comblned po8rtk)n Is as ft)II¢>NS: Net movement in fund8 At 31.12.25 At 1.1.24 Unrnstrlct•d funds General fund 191,485 5,732 197,197 R•strf¢t•d funds Building Fund 30,780 5,148 35.928 TOTAL FUNDS 222,245 10,880 233,125 A current year 12 months and prior year 12 months combined net movement In funds, Induded In Ihe above are as follows.. Incoming resource8 Resources expended Movement In funds Unrestrfcted lunds General fund 174,288 (188,538) 5,732 Restrlcted funds Building Fund 5,148 5,148 TOTAL FUNDS 179,418 (168.538> 10,880 The Conference & Leaders Fund is for spiritual development of m8mb8rs, assodates arKI leaders. The Bullding Fund is for the fuiure planned wrchase of our own building. Page 14 continued...
hurch Scotland Ltd Notes to the Finanoal Stat ents. continued for the Year Ended 31 Decernber 2025 RELATED PARTY DISCLOSURES During the year a totsl of £14.103 was donated to the Church by the trustees. (2024 :_ £18,008) 10. VOLUNTEERS sn common v•ith rnY Churches. Ckne Church Scotland bertsfts from the contribution made by volunteers who give their time and talents w61ingly for the benerrt of the Church. The areas of Church life which rely on the contribution of vcAunteers are many varied and much of the activity would be unable to continue were it not f¢x the commitinent shown. Page15
One Church Scotland Ltd Detailed Statement of Finanual Activibes for the Year Ended 31 December 2025 31.12.25 31.12.24 INCOME AND ENDOWMENTS Donatlons and legacies Gifts Donations Gift aid 700 87,632 14.394 309 70,009 13,787 82,726 84,105 Charitable activities Hire of hall Other income Interest raVed 50 5,480 1,895 3,305 1,855 7,425 5,160 Totsl Incomlng resources 90,151 89,265 EXPENDITURE Charltable activities Wages Sodal security Pensions Other operat'ng leases Insurance Light and heat Telephone Postage and stationery Sundries Kids ministy Youth Catering Domestic mission Audio visual Ministry gifts Use of house as offi Repairs & upkeep ONE Gen Bank charges Grfts Events Training Carried fopward 32,228 12,913 870 127 13,200 14.400 440 10,626 758 875 397 375 3.127 835 7.335 1.062 250 100 2.825 495 75 650 896 16,904 763 479 224 285 1,185 20.400 885 210 100 4,973 3.111 2,128 145 80.388 78.899 This page does not fomi part of the Ststory financial statements Page 16
ne tland Ltd Detailed tatement of Financial Activities for the Year Ended 31 December 2025 31.12.25 31.12.24 Charitable activitles Brought forward The Hub Improvements to property Fixtures and fittings Media and music equipment 78.899 1,007 888 171 1,181 80,388 818 1,113 215 1.498 82.148 84,032 Support co•A8 Govomance costs Accountancy and legal fees 1,218 1,140 Total resources •xpendad 85,172 Nét Incom• 6.787 4.093 This page does not fonn part of the statutory fnancial statements Page 17