## **Trustee’s annual report & financial statements** For the period ending 31[st] March 2025 Peter Hall Finance & Accounting Solutions _“Fellow” Certified Public Accountant UK 10227712A_ ## **Report and Financial Statement** FOR THE YEAR ENDED 31[st] March 2025 ## CONTENTS: 1. Title pages Pages 1-2 Pages 3-7 2. Trustee’s report Pages 3-7 3. Independent Examiner’s report Page 8 4. Statement of financial activities Pages 9-11 5. Other & Media Page 12 2 ## **Bridge Family Church** _“Connecting our community to a loving God”_ ## **TRUSTEE’S ANNUAL REPORT** The Trustees have pleasure in presenting their report for the financial year ending 31[st] March 2025. ## REFERENCE AND ADMINISTRATION DETAILS **Charity Name :** Bridge Family Church **Charity Number :** SC043179 **Constitutional form :** Unincorporated Association **Constitutional form date :** 24[th] May 2012 **Accounting reference date :** 31[st] March **Principal Address :** **Website:** www.bridgefamilychurch.com **Charity Trustees:** There were no other Trustees who served during the financial period. **Bankers:** HSBC. 2 Buchanan Street, Glasgow G1 3LB. 40-22-47 01695304 **Senior Staff member responsible for day-to-day management of the charity:** Trustee and Pastor; David Goldschmidt The charity has income below £250,000, and as such is eligible to prepare its accounts on a “Receipts and Payments” Basis. The governing document does not require the charity to prepare fully accrued accounts and neither does it require an audit. The accounts have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (the SORP) issued by the Office of the Scottish Charity Regulator in it’s role as a SORP making body, recognised by the Financial Reporting Council. The charity has had the accounts independently examined by Peter Hall of “Peter Hall Finance & Accounting Solutions”, Tillicoultry, Clackmannanshire. 3 ## STRUCTURE, GOVERNANCE, MANAGEMENT **Governing document:** The Trust is administered in accordance with the terms of the Trust Deed. The charity is a charitable unincorporated association and the purposes and administration arrangements are set out in its constitution. The Charity is registered with the “Office of Scottish Charity Regulator” **The organisational structure and decision-making process:** The Trustees are the managerial arm of the charity. They meet regularly and make decisions for and on behalf of the church. Major decisions of a managerial and financial nature are minuted. **How trustees are appointed and recruited:** The trustees were those appointed on the establishment of the trust. Appointment and removal is in accordance with the Trust Deed which requires that appointment is approved by unanimous agreement of the existing trustees and removal of any trustee by the unanimous agreement of the others. **Risk Management:** It is considered by the Trustees that there is no foreseeable risk where the charity is exposed. **Affiliations and connections:** The charity is affiliated with the “Assemblies of God, Great Britain”. (“Assemblies of God” is a company limited by guarantee (No. 2873415) registered in England, having its registered office at Gf/F12, No 1-2 The Cottages, Deva Centre, Manchester, England, M3 7BE, and is also a registered charity (No. 1032245)). ## OBJECTIVES AND ACTIVITIES **The Purpose of the charity as set out in the Governing Document:** The purpose of the charity is the advancement of religion; provision of assistance to those in need through age, illhealth, disability, financial hardship or another disadvantage. **Summary of the main activities in relation to those Purposes:** During the year the charity continued weekly meetings. The charity helped several people in the community through counselling and practical help. **Volunteers:** The church and/or charity would not be able to function without the help of volunteers in the areas of supervision of children, music, serving and cooking, teaching and maintenance. The Trustees would like to thank all volunteers for their invaluable contribution to the life of the charity. The Trustees acknowledge that service to the public benefit would not be possible with these volunteers. ## ACHIEVEMENTS AND PERFORMANCE This past year has been an incredible season of growth for Bridge Family Church and Kirk House Coffee. We’ve seen God’s favor as we’ve continued to strengthen our church family, serve our community, and grow in our new space. Our coffee house has become a welcoming hub where families, students, and neighbors regularly gather. The kids’ area, affordable menu, and warm atmosphere have opened the door for dozens of new connections each week. 4 T1￿01]gh KirL Hol￿e Coffee ii"e'i-e been 2ble to biiild genuine idationsliips, seire ￿7th excelleiice, 2lld create opportunities foi communitr to expelleiice God's love iti p12ctical wars. 11,'e're also seen Ol￿ c11i￿ch millistries expan(L more rolullteeis step up, and llew people fiLiding theit place ui oiw chiwch tan]ily. As we looL ahead to 2026, ￿'e'[e believing foi even gteatei Ampact - mole oiitteach in out aty, stroiiger pattneIsliips in Ol￿ neiglibothood, 2nd for KitL- House Coffee to contillue beillg 2 light 2nd safe space for Ediiibillgb. Biidge FaLnilr chi￿ch contilliies to gtow and t]oiuish An its ministiv ￿la commill]itv oiitteach. The ￿lanCIal veat eiidiiig 31 MaL'ch 2025 ieflects sig]ific2llt gro￿￿￿ in both income alld expelldit￿e, ￿7th exp2llded piOgran)￿g and illcte2sed siipport from donois and Parth￿S. icome Totsl income foi the veat was £186,399, a substautial inciease ftom £105.632 in 2024. This iiicliided- £173,574 ttom geneiaj donations and 8iriL¥ (2024: £105,632) £71,917 designated foi the Building Fi]nd (up from £4,601) £12,825 ftotn Cafe illcome Additioi]al ieceipts Iiom missions giring, Gift Aid, iootn ientajs, and tniscellaneoi]s conttibiitions The illcrease in donations 2Lid designated gfts reflects the sttong siipport from the co￿￿egatiOn 2nd ￿-Ider conllniwity, P2tficia2dr t0￿-￿[d$ biiilding impiorements ￿ld ministri: exp2llSiOll. Total eweiidittwe loi the veat was £164,948, compated to £64,908 in the pierioiis veat. This llicliided- £108,659 in building-ielated expenses - £22,125 for hall hire and facilities - £9,330 in utilities - £8,553 in team-related expenses - £2,440 in café-related operational costs Other administrative, ministry, missions, and event costs associated with the delivery of the church's charitable activities The growth in expenditure aligns with the church's strategic focus on building improvement, increased staffing needs, and ministry development. ## Net Movement and Fund Position The charity recorded a net surplus of £21,450 for the year (2024: £40,724). This comprises: - A surplus of £58,192 in unrestricted funds - A deficit of £36,742 in restricted funds (primarily due to drawdown of Building Fund reserves) The total funds carried forward at 31 March 2025 stood at £117,071 (2024: £95,620), comprising: - £164,717 in unrestricted funds - £(47,646) in restricted funds, reflecting expenditure in advance of income allocated for the building fund All funds are being used in line with the charitable objectives of the organisation. ## Cash Position At year-end, the charity held £117,419 in its HSBC bank account and £348 in credit card liabilities, resulting in a net cash position of £117,071. ## Financial Oversight and Assurance The accounts have been independently examined by Peter Hall (FCPA MCSI), and no material concerns were raised. The Trustees confirm that the accounts comply with the Charities Accounts (Scotland) Regulations 2006 and that the charity maintains robust financial practices. ## Conclusion The Trustees are pleased with the financial health of the church and remain committed to the responsible stewardship of its resources. The continued generosity of supporters and careful management of funds ensure Bridge Family Church is well-positioned to further its mission to connect the community to a loving God. **The financial effect of significant events:** There were no significant events during the financial period. All expenditures was for the day to day running of the activities of the church. **Investment policy & objectives set:** The Trustees consider that the cash deposits will be needed for the charity’s activities and therefore, there is no plan for investments. For the next financial year, the objectives will be to consolidate current activities given the church is only four years old. 6 Charity's policy on resetves: on tbe 31" Tr121" 2017. the T￿￿teeS 2dopted a '￿ese￿:eS Polia ' tI￿t at least £1,500 be mailltailied in the banL- 2CCO[￿t as a minimum. This would ensure the contiLii]atioii ot ChI￿Ch actirities gireii 2 sudden tall ill ieceipts. Going Concern: As at the date of appioral of d]is iepoQ atld the fin￿1claI accounts, the Tnistees have assessed that theie is no iuicertainty aboiIt tlie Chatitrfs abilitv to contiLiue as a going concetn. Plans for fiiture periods: We ￿?211t to complete oiu oiitdooi ienovations, expalld our hall i]se, get more people eiigaged in the local Chi￿ClI alld looLAllg to ttaill moie leaders to lielp us exp￿id oilr Ieach. The cafe is so we ate looLillg fOrn￿a to iecmiting mole help, we ienovated the downst2its of the buil(lll¥ ￿:hiCh Ill￿1$ it can be iised mole bv tbe commiu]itr. 2025 was a gteat Veat and we believe and hope 2026 Factors likely to affect financial perforniance or position going forward: There is no foiesee2ble erent liLel!' to attect the tin2llcial perEonn2nce. The Tnistees believe that this ieport is a lait, b3JgJ]ced and an iuideistandable ieriew ol die chatitrfs stniCtt￿e, legal Pl￿Pose5, objectires and activities, tllwicial peifoimance & fll]9nci81 positioii. The TrL]Stees woidd liLe to thanL-s all those rolilliteers to Iidp maLe it possible foI Bridge Familv C11￿Ch to fimction. Tlie Cliatitr Trustees ded2te that thev bare 2ppIored the ieport above. Signed on behalf OE the Chatity, T￿￿tees. Signature:............................................. Date . 5112/2025 Positioii . Tnistee/Pastoi INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS REPORT TO THE TRUSTEES OF"BRIDGE FAMILY CHURCH" Scottish Registered Charity SC043179 I report on the accounts of the charty for the year ended 3151 March 2025 which are set out on pages 9 to 11. Res ective res onsibilities of Trustees and Auditors The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10{11 Idl 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. Basis of Inde endent Examiner's statement My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotlandl Regulations 2006. 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 accounts. Inde endent 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{11 la) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations. and to prepare accounts which accord with the accounting records and comply with Regulation 9 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. Date: 1911212025 Fellow Certified Public Accountant UK. 10227n2A Peter Hall Finance & Accounting Solutions of Tillicoultry. Clackmannanshire. FK13 6DR ## **Bridge Family Church** _Scottish Registered Charity SC043179_ ## **Statement of Income & Expenditure For the 12 months ending 31st March 2025** ||**Unrestricted**|**Restricted**|**Total**|**Total**|**Notes**| |---|---|---|---|---|---| ||**funds**|**funds**|**funds**|**funds**|| ||||**2025**|**2024**|| ||£|£|£|£|| |**Income & Endowments from:**|||||| |Donations & Legacies|101,657|
71,917|173,574|105,632|1| |Charitable Activities|||||| |Other Trading Activities|12,825||12,825||| |Investments|||||| |Other|||||| |**Total**|114,481|71,917|**186,399**|**105,632**|| |**Expenditure on:**|||||| |Raising Funds|||||| |Charitable Activities|56,289|
108,659|164,948|64,908|2| |Other|||||| |**Total**|56,289|108,659|**164,948**|**64,908**|| |**Net Income/(expenditure)**|58,192|(36,742)|21,450|40,724|| |**Transfers between funds**|||||| |**Net funds**|58,192|(36,742)|**21,450**|**40,724**|| |**Reconciliation of funds**|||||| |Total funds bought forward|106,525|(10,904)|95,620|54,896|| |**Total funds carried forward**|164,717|(47,646)|**117,071**|**95,620**|3| 9 |**Notes to the Statement of Financial Activities**|**Notes to the Statement of Financial Activities**||**2025**|**2024**|| |---|---|---|---|---|---| |**Income & Endowments**|||||| |_Income from Donations & Legacies_|||||| |General donations|||**173,574**|
105,632|1| |Café|||**12,825**||| |**Expenditure**|||||| |_Expenditure on Charitable Activities_|||||2| |All costs to further charity's aims|||**56,289**|40,832|| |Premises costs|||**108,659**|24,076|| |**Reconciliation of funds**|||||| |HSBC Glasgow|||**117,419**|95,621|3| |HSBC Credit Card|||**(348)**|(1)|| |**Cash & Bank balances at end of the year**|||**117,071**|95,620|| |**Statement of Balances**|||||| ||**Unrestricted**|**Restricted**|**Total Prior Yr**||| |Start of year|106,525|(10,904)|95,620 54,896||| |Surplus /(Deficit)2025
|58,192|(36,742)|21,450 40,724||| |**End of year balances**|**164,717 **|**(47,646)**|**117,071** **95,620**||| |**Movement in Funds**|**1/4/2024**|**Net Mov’t**|**Transfers**|**31/3/2025**|| |**Unrestricted**|||||| |General Fund|106,525|58,192||164,717|| |**Restricted**|||||| |Building Fund
|(10,904)|(36,742)||(47,646)|| |**Total Funds**
|**95,621**|**21,450**||**117,071**|| 10 ## **Receipts & Payments 2025** **Year ending 31[st] March 2025** |**Receipts & Payments 2025**
**ear ending 31st March 2025**|| |---|---| |
**Receipts**
Building Fund
Café
Miscellaneous Income
Missions Gift Aid
Missions Income
Room Rental Income
T/O Gift Aid
T/O Non-Gift Aid
**Total Receipts**
**Less: Payments**
Accounting Fees Expense
Advertising
Bank Charges Expense
Bridge Kidz Expense
Building Expense
Café Expenses
Cleaning
Connect Groups Expense
Facilities
Hall Hire
Hospitality Expense
Insurance Expense
Membership Fees Expense
Ministry Expenses
Miscellaneous Expense
Missions Expense
Office Expense
Professional Fees
Special Guests Expense
Special Events Expense
Team Expense
Utilities Expense
Worship Team expense
**Total Payments**
**Net Receipts (Payments)**|**2025**
**2024**
£
£
71,917
4,601
12,825
17,410
20,851
75
5,552
11,293
950
9,518
8,642
68,227
60,170| ||**186,399**
105,632
855
805
1,631
22
189
99
165
108,659
24,076
2,440
2.494
2
61
22,125
12,875
205
1
525
499
1,115
1,166
898
787
745
21
1,553 4,042
78
29
300
500
100
1,300
1,278
214
8,553
12,995
9,330
4,536
588
941
**164,948**
64,908
**21,450**
40,724| 11 BfjIIOGE . FAMILY CHURCH Web: www.bridgefamilvchurch.co TTr"ittei: @bfcedinburgli F2ceboolL" "bndget2milycliurdi" Spotity. 'l)ridge family cliutch worsliip" iTunes: ,￿ridge F2mil}' Cliurcli" 12