’ THE RESTORATION ROYAL MEGA CHURCH- KING S PALACE EDINBURGH
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31[st] MARCH 2025
CHARITY NUMBER: SC047880
THE RESTORATION ROYAL MEGA CHURCH- KING’S PALACE EDINBURGH
LEGAL & ADMINISTRATIVE DETAILS YEAR ENDED 31[ST] JANUARY 2025
ADDRESS FOR CORRESPONDENCE
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REGISTERED CHARITY NUMBER SC047880
GOVERNING DOCUMENT UNINCORPORATED ASSOCIATION DATED 31/10/2017
TRUSTEES/ DIRECTOR
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PRINCIPAL BANKERS
ROYAL BANK OF SCOTLAND 36 ST ANDREW SQUARE EDINBURGH EH2 2YB
INDEPENDENT EXAMINER
FRESH FIRE ORGANISATION GENRATOR BUSINESS CENTRE UNIT 5 95 MILES ROAD MITCHAM CR4 3FH
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THE RESTORATION ROYAL MEGA CHURCH- KING’S PALACE EDINBURGH 34 BARNWOOD ROAD GLOUCESTER GL2 0RX INDEX Page Legal & Administrative Details 1 Index 2 Trustee’s Report 3-4 Independent Examiner’s Report 5 Statement of Financial Activities 6 Balance Sheet 7 Notes on the financial Statements 8-10
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THE RESTORATION ROYAL MEGA CHURCH KING’S PALACE EDINBURGH
TRUSTEES’ REPORT YEAR ENDED 31[ST] MARCH 2025
The trustees are pleased to present their report for the year ended 31[st] March 2025 for the charity, also known as RRMC Edinburgh with charity number SC047880.
The Trustees of the charity are:
The principal address of the charity is
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity governing document is an unincorporated association constitution that was adopted on 31[st] October 2017.The Charity is governed by a board on which the trustees are represented. It meets regularly to review, plan activities and monitor the financial position.
OBJECTIVES AND ACTIVITIES
The primary aim of the organisation is the advancement of Christian Religion and its values amongst its members and the community at large as well as all over the world. The relief of those in need by reason of ill-health and financial disadvantage via community based outreach programmes. The trustees confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit before deciding what activities the charity should undertake.
ACHIEVMENTS AND PERFORMANCE
The Organisation continues to hold successful meetings through the year in which individuals were equipped and educated on the principles and doctrines of the Christian faith. The organisation held several conferences during the year in which individuals came from all around the community to attend. This has produced good results in reaching and helping members of the community. The church continues to hire a hall to hold its weekly services and meetings in and this continues to be well attended by the members of the public. The Church has expanded its outreach by planting 4 other new branches in different areas of Scotland.
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FINANCIAL REVIEW
The income of the charity is above £224,000. This is a good amount for this year of the charity the costs have been well managed over this period. The organisation is still in a good position to manage its costs. The main cost of the organisation was paying for the rent of its building that it uses for worship services and covering staff costs.
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RESERVE POLICY
It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure. This provides sufficient funds to cover any emergency expenditures that may arise from time to time. The charity will seek to maintain this level throughout the year.
RISK MANAGEMENT
The charity have assessed all the major risks to which the charity is exposed to, in particular those related to operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure to major risks.
TRUSTEE RESPONSIBILITIES
Under the Charities Act 2011, the trustees are required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the church. They are required to:
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Select suitable accounting policies and apply them consistently.
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Make judgements and estimates that are reasonable and prudent.
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State whether the applicable accounting standards have been followed.
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Prepare financial statements on an ongoing basis.
They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the church at any time and to ensure that such accounts comply with the Charities Act 2011.They also have a responsibility to safeguard the assets of the church and to take reasonable steps to detect fraud or other irregularities.
Approved by the Trustees on 9[th] July 2025 and signed on their behalf by:
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Independent Examiner’s Report To the Trustees
THE RESTORATION ROYAL MEGA CHURCH – KING’S PALACE EDINBURGH
I report on the accounts of the church for the year ended 31[st] March 2025 set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages.
Respective responsibilities of trustees and examiner
The trustees of the church are responsible for the preparation of accounts: they consider that the audit requirement under section 144(2) of the Charities Act 2011 (the 2011 Act),does not apply. It is my responsibility to :
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Examine the accounts under section 145 of the 2011 Act.
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Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 145(5)(b) of the 2011 Act.
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State whether particular matters have come to my attention.
Basis of Independent examiner’s report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the church and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as 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;
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(1) which gives me reasonable cause to believe that, in any material aspect, the trustees have not met the requirements to ensure that:
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proper accounting records are kept( in accordance with section 130 of the 2011 Act
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accounts are prepared which agree with the accounting records and comply with the accounting requirements of the 2011 Act: or
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(2) to which , in my opinion , attention should be drawn in order to enable a proper understanding of the accounts to be reached.
FICB PMDip
FRESH FIRE ORGANISATION 95 Miles Road Mitcham Surrey CR4 3FH
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THE RESTORATION ROYAL MEGA CHURCH-KING'S PALACE EDINBURGH
Statement of Financial Activities for the year ended 31st March 2025
| Unrestricted | Total Funds | Total Funds | ||
|---|---|---|---|---|
| Funds | 2025 | 2024 | ||
| Incoming Resources from | Note | £ | £ | £ |
| generated funds | ||||
| Voluntary Income | 177727 | 177727 | 179394 | |
| Investment income | ||||
| 177727 | 177727 | 179394 | ||
| Other Income | ||||
| Other | 50797 | 50797 | ||
| Total Incoming | 228524 | 228524 | 179394 | |
| Resources | ||||
| Resources Expended | ||||
| Charitable activities in furtherance of objectives | ||||
| Cost of Activities | 3 | 190,367 | 190,367 | 143827 |
| Other | 4 | 31,311 | 31,311 | 32258 |
| Total Resources | 221,678 | 221,678 | 176085 | |
| Expended | ||||
| Net movement in funds | 6,846 | 6,846 | 3309 | |
| Reconciliation of Funds | ||||
| Total Funds brought forward | 16753 | 16753 | 13444 | |
| Total Funds carried forward | 23,599 | 23,599 | 16753 |
The above funds are all classed as to purpose All movements of funds and all recognised gains and losses are included above.
The notes on the accounts form part of these accounts.
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| THE RESTORATION ROYAL MEGA CHURCH- KING'S PALACE EDIBURGH | ||||||||
| Balance Sheet as at 31st January 2025 | ||||||||
| Note | 2025 | 2024 | ||||||
| Fixed Assets | £ | £ | ||||||
| Tangiblefixed assets | 2 | 16188 | 5159 | |||||
| 16188 | 5159 | |||||||
| Current Assets | ||||||||
| Cashat bankand | 4794 | 12044 | ||||||
| in hand | ||||||||
| Debtors &prepaymen | 6 | 3197 | ||||||
| 7991 | 12044 | |||||||
| Creditors:amounts falling due withinone year | ||||||||
| Creditors & accruals | 5 | 580 | 450 | |||||
| Net Current Assets | 7411 | 11594 | ||||||
| Net Assets | 23599 | 16753 | ||||||
| Unrestricted Funds | ||||||||
| General Fund | 23599 | 16753 | ||||||
| TOTAL FUNDS | 23599 | 16753 | ||||||
| Approved bythe trustees on 9th July2025 and signed on their behalf by: | ||||||||
| _________ | ||||||||
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THE RESTORATION ROYAL MEGA CHURCH -KING’S PALACE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2025
1) Accounting Policies
The financial statements are prepared under the historic cost convention ( as modified by the revaluation of fixed asset investments) and in accordance with applicable accounting standards: Statement of Recommended Practice: Reporting and Accounting by Charities issued March 2005 and the provisions of the Charities Act 1993. Significant policies adopted are
Incoming Resources
Incoming resources are recognised in the statement of financial activities when entitlement has passed to the charity and the amounts are certain and measurable. Any incoming resources received that relate exclusively to future periods are Deferred on the Balance Sheet
Resources Expended
Expenditure is recognised in the statement of financial activities when a liability is incurred or increased without a commensurate increase in recognised assets or a reduction in liabilities.
Allocation of Costs
Direct Activity Costs comprise those costs that contribute directly to an activity and are allocated to the relevant activity
Support Costs comprise those costs that are necessary to deliver an activity but in themselves do not produce or deliver an activity. Support costs are allocated to activities based on the direct salary costs of the activity compared with total activity salary costs
Governance costs are those costs incurred to meet statutory and constitutional requirements.
Funds
Restricted funds represent income received that is subject to restrictions on use as determined by the donor which are narrower than the general objects. Designated funds represent funds set aside by the Trustees for specific purposes General funds are those funds made available for the charity’s general objects.
Depreciation
Items of equipment over £500 are capitalised and depreciated so as to write off Cost in equal instalments over their useful lives. Rates are set at equipment 5 to 10 years.
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THE RESTORATION ROYAL MEGA CHURCH - KING'S PALACE EDINBURGH Notes to the accounts for year ended 31st March 2025
| 2 Tangible Fixed Assets Cost At 01/04/2024 Additions At 31/03/2025 Depreciation At 01/04/2024 charge for the year At 31/03/2025 Net Book Value at 31/03/2025 Net Book Value at 01/04/2024 |
Instrument Vehicle Equipment Total £ £ £ £ 4938 0 2011 6949 4582 0 10494 15076 9520 0 12505 22025 1148 0 642 1790 1674 0 2373 4047 2822 0 3015 5837 6698 0 9490 16188 3790 0 1369 5159 |
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3 Charitable Activities
| Subscriptions Post, Printing & Stationary Wages Building Rent Church Supplies Welfare Church events Ministry support Advert Professional fees Refreshments Donations Pension Travel Insurance Total Other Resource Costs Vehicle Expenses Consultancy fees PAYE Light & Heat Depreciation Telephone Repairs Bank charges Hotel Total |
2025/£ 2024/£ 193 217 686 87 117750 103346 31193 26859 3767 3747 1207 531 3232 2006 13085 1028 199 47 5123 671 4104 422 3363 370 0 1750 6198 2617 267 129 190367 143827 0 461 3483 995 8332 12376 12312 15867 4047 1290 823 614 496 461 190 16 1628 178 31311 32258 |
|---|---|
4 Other Resource Costs
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| THE RESTORATION ROYAL MEGA CHURCH - KING'S PALACE EDINBURGH | ||||||||
| Notes to the accounts for year ended 31st March 2025 | ||||||||
| **5 ** | Creditors: amounts falling due withinone year | |||||||
| 2025/£ | 2024/£ | |||||||
| Independent examination | 580 | 450 | ||||||
| Creditors | 0 | 0 | ||||||
| Total | 580 | 450 | ||||||
| **6 ** | Debtors and Prepayments | 2025/£ | 2024/£ | |||||
| Debtors | 3197 | 0 | ||||||
| 3197 | 0 | |||||||
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