My Church SCIO Financial Statements Year F.nded 31 December 2024 Scottish Charity No. SC048253
M Church SCIO Contents of the Financial Statements for the year ended 31 December 2024 Church Infonnalion Report of the Trustees Report of the Independeni Examiner Staletnent of Financial A¢livities 10 Balance Sheet Notes lo Ihe Financial Statements 12- 18
M Church SCIO Church Infonnation for the yeai. ended 31 Deceinber 2024 I'ru%tLe.% (cli .81 clcilc, ()/ ilic, lipicineial.f faiei?ienl.¥) CR Contaet AddS Web ¢*ite: www.mychurch.lamily Bankers Bank of Scoi14)md 1210 Paisley Ro&1 West CJ5? 3S1 Solicitors Milchc115 RobErton (Jcorgc House 36 11&)over Sttttt G12AD Independent I,:xaminer
M Church SCIO Trustees, Annual Report forthe yearcndcd 31 tkccmbLr 2024 The Trustees ale pleased io PTesent iheir report and fthancial statenients for the )'eaT cnd¢d 31 Dccembcr 2024. Stt5 ol Cligrily #ijd Cjoverning Dllcumtnt My Lliurch SCIO I'lhe church") 15 established by Constin]tion and is J Scottish Chariij,. Number SC048253. Structure, Governance Mallagemet Diiring thc >cr undcT TCN'ici%' My Church SCIO madc prcpardlK)n lo operaie follow'ing the iransfer of operation5 froiii Mosspark Bap11 Chuitli alihough this Proce was d¢layed due 10 thc irnpacl ol. Ihc Covid- 19 pandemic. It 15 anticipated thai this will be completed durin¥ ihe financial year 10 31 December 2025. Indu¢lioll training of Trustees NCH. Tru¥e¢s undergo an induciion da), to brief them on Ihetr tegal obligations undL'f Lharily law, Ihe conteiit of the LotL5titution and decision-makkng pioces5. 1.hey will meet kcy cmployees. I'ru5tee5 are encouragted 10 ai¢end exiernal Iraining even(s where Ihw will be of benelit lo ¢Ii¢iT rnle. OrgAni$tiTrn815trvtture Deci4iLTr115 Liffecliiig a5pecis of the work thai have a vital impacl are rnade by th¢ Ik)8Td of 'l'ru5teek Pasior iii his role a5 Pastor. is ie5pon5ible for overseeing lh¢ Charity's u'ork on a da). lo day bdSlb aiid takL ili¥ necewry aciion w impl¢m¢Trt Board decisions. The Board or 'rruslce& ordinarily. meet two limes in each calendar year. Remuneraiion of rhe key p¢rsonn¢l is approved bv ihe trusiee5 aN¢J 1$ reVIe,ed Hniiually and normally adjusted in accordance M'ith ai'eragve carningT& The irnmees benchmark ihe key PLYsonnel pay againsl pay levc15 in oihcT charilic5 of a Similar sixc and a¢liviN to ensure that the remuneration set is fail and Obj¢ciiv¢s and A¢livities The charity tyusiees h¢lieve they have complied wilh theiT duly io h•Y¢ due regard to Puhlic Benefit guidan¢e and ha5 takcn 8CLount of il in planning future aciiviiies. How our activilies deliv¢r public benefrt In ihc year under reviv. the actiYitlC5 of My Church SCIO continue lo focus on specific. idenlifiabk sections of ihe public. The piimar). benLfi¢iaries are th0 secking Spiritual or pastoral care. investigating lh¢ Cliri%iidil faiih nr dLVLlopiiig Ilieiriouriiey in the Christi? faith. Other b¢neficiaries includc faiii ilic5 of individiials who attend thc vaTiOUS minillries and services in thc Thurch buildinL. coiiiinuniiies in which the charity work5 and the getteral public who reap the benefil of our work. The local services of My Cfrurch SCIO are open to all people regatdless of colt)ur. gender, age or r¢ligion. li 15 uenerally rrcvbvni5ed Ihai ¢)n¢ of the rnajor problems in ihe UK aff11ng young people is anii-social bchaviour. The tonsequences of this for so¢iety' are many; sireel crime. dru¥ ielaied liealili pioblem& increased policiiig costs, drug relaied crime, incrca5ed prison popwlalions. social costs in trauma5 511rr¢rtr(J b). Ihose H'hv ari bur¥lcd. aaUlted or oih¢riYI subjected to the conqueniial cflccts of ¢riiiiiiial beliaviour. M%. Church SCIO works 'ith chiklren and youn8 pp]e a% 1¥¢11 as people of all ag¢% in lis preventioii and intervenlion artiviiie The iipe of aciiwiiies Ihai My Thurch SCIO is able io en¥a¥e in lo fulfil it5 0bjerlivc5 is obvi01151y limiicd by its available rcsourccs. Hoi%'ever. it j5 clear ihai there is enormous public benefit in the charily carri iiig (Trut its activitie5 to achicNc its sialcd objcctiYc&
M Chiirch SCIO Trustees. Annual Report (continued) for ihc ycar ended 31 tk¢ember2024 Achi¢%cmenis and Pcrfotman¢c Ensuring our ii'ork achieb¢s our aims Oiir aims obfvLI$Ls and dLllI'iiies art rcvitwed ai our teEulat mcciings of Ihe PLqors and Jk>aid of Trustees. "I"he5e TeN'ieii"5 coyer ei'en. a5pecl of ihe charih s 0[ and al help u5 CIISUTC aim (khj¢¢liv¢5 and acii%'ili¢s remain fo¢uKd our siaknl pur5¢& The ]knJTd (kf Tru¢¢5 continu¢ lo r¢l)' upon lh¢ guidance coniaiD¢d in Ihe 01r orth¢ %cotti5h lThariiJ' RLgiilaior s IOSCRI glneral guidanLY on publii bentfil i%-hen rc%'icMing our aiffts objeciii'es and in planning our futu acli%'ili¢s. In parlicui8r. Ihc Trum$ consid¢r how planned aciivilies ivill coThlTibuie 10 Ihe aims and objcLIIILS coniaincd in iht Trusi tkcd. The objL¢llVL'S ofihc ehtrilj. arc a¢hVe ihrough ouirea¢h iiork. r¢h 5¢ri'Kes and minis1T1¢5 and in oiher appropriate iiay& Ilerlorniance Nqeasures MJ Church SCIO minislry progrgms ar¢ wrc¢5sful in helping individuals iTr JllaTh)' 51EThificani and. indLL'd. life Lhanging i%"a) s. WL tneasurL this b%. aSsIng kcs [OrmanC¢ inditaiors IKPlsl that lie oll¢¢l. analy. and r¢TI. Perlormance indicators help My CThutch SCIO promok spiriiual and Oral cwe lo Memb¢ and oih¢r5 In ordLr 10 do Ihis Ihe Trusie¢4 Tegularli. consider ihe folloii-ing measuTCS in oidet 10 dcvelop an apprvaLh lu measuring ptrformanct of M¥ Church S(.-lQ d¢lii'er)' ofcare lo oihcrs: Siriiilural ML'aburLs.' Sirtjeiural qualii). measures Tcf¢r lo th¢ features of M). Thurch Scio that dclermine iIE capacii}' lo ide 5piriluJl care. Such as IhL elisnCe of an clcaronic recoids S)¢M or Ih¢ Talio of pastoral Lar¢ and UppOr1 slaff w members allending acT0&5 all our minis1r& Proc¢s% ITcasur¢%.' mcafures arc u5cd to 355s hom" well SPiTiiual Jnd p35tO131 care is PTOi'idcd to an indii'idiiiil tsr x)Li¢ial gioiip. Th¢9¢ T¢commendalions ate ba5cd on TLseaTch ¢i'Mlence or conknsus Ihc viL15 of cipcr15 iihcn Ihc rLscarch ¢i'ideDcc is lacking 01 ithconclusivel r¢gardinB ihe probabiliij. Ihai pro%'iding pariicular 5eTI'ice5 Ilill achieie ihe dLs¢red ouicome& Gcncrall).. procc ]ned5ures are <PreSsl, as iaie& i%ilh the denominwor d¢fJnin8 a population Ihai is of Intere becau of 118 dcmographic and clinirnl condilion. and lh¢ numcTaioT dcfiniDg ihe subErollp rtceiving spwifi rvices. Proeiss meairLs ar¢ pafiicularly Important in Ihe des'elopmeni of rfOrmantt Thea5urcs bteau Ihc). can be u5cd lo idenlilN' 5pecLfic areas of SPiTiiual or pworal cate th mai ne¢d improi'emenl. For exE2tiipl¥. il crime OT anliwcial behayiour is increasing in Ihc communil)- )'oung p¢opl¢. addilion31 5pccific s'outh grrvups or e%'enis could be inilialed in an effori 10 r¢vcr ihe trend. Ir il is iLILnlifiLd lh?1 it)di%'idua15 arc 4rug81ine with dcbi. d¢prck%ion or simii8r issues il tnkn)" bc ncccw). ol'ler parliLular disciplcship cour& Moreoi'cr. lh¢ dala lo calculttie proc¢% ni¢asur¢s often can bc obiaincd as pari of an adminiflratii'e dala si'stcm Ihai includLs information on fftcmbcrs da$ and i)'p¢s ol.. and cnEagernent iTriih. service l)utcoMt .Ileasurts." 'I'hc5c mL'dsurcs gcncralli. are UTrd io e1'alua ihc Aate indiYidual'5 5PITLlual hL'dlih %WLllbLi]t¥ rLsiiliing from ih¢ f¢ri ices PTOS idLd. Allribulirtg impro%'L'd siudcni ou0M¢S lo the Chatil>" s spccifjc aciion5 can s0clIM¢S bL dIleU11 be¥u$l oulcomc mcasur¢s af qualill" rtntci the cumuljiii'e impact of muliipl¢ faeiors such as Ih¢ IiTnLlinL&s of 5eivLLX'S and Ihe appropriarencss of ihc l!"PL. Ouicomes glyb are iThfluenced b) faeiors Ihai d¢p¢Dd on th¢ individua15 IhcJn5els'vi and arc ou1se Ihe Thurch Larc s)"Acm& ,tc¢t4I J)Ieasurts.' Access [ne3re$ lh¢ ¢¥l¢nl lo i%hich a pern i%'ho necds car¢ gnd syri'ices is ablL lu rLLLi%L IhLm.
M Church SCIO Truslees, Annual Report {continued) for the year ended 31 tkccmber 2024 Whill KPI daia may difter beii%'e¢n mini#rie& ihe). generally include lh¢ following: Number of vi%ilors allending for ihe fitsl litne; l.-riquLncy of all¢ndance- Nunibcr ot- prot¢lOn5 or raiih in Chrisi- Nulliher ot- Ilapli5ms 4 SuLLLssliil LomplLiion of discipleship Program& No ul iliihdrai%alrl'slgna1lons Irom CthurLh membLYship- PLrcclllag¢ ofBllcndLY5 illvolvLd in ministiy and k'rving w"iihin ihc local church ministri¢5. KPI dala is collLYled. analysd. and cv?lu?Icd OD an ongoing 11&si5 kn ensurc M>. Church SCIO identifies IrLiids L2nd Ihe LftLLi of seriice. Parameter changcs on oulcotDcs are idthiified in a ILmel)' manner. Reporls afL Lommunicaied 10 all Truste¢& Durin¥ ihL }'Ldr undLr rL¥iLl%. Ihe Tru¢¢5 arc saiisfied i4.iih Ib¢ rcportcd results in cach of lh¢ t[f(}rmaLL iniiicalors ii'hich ihL)' idcniif). as kc).. whil saiisficd ihat thC yneasuTes hai'c bccn hi¢i¢d throughout Ihe )'Lar IhLfL i%crc Lhanges implLmenied i%iih the opcraiion of childrcn s and Joi)Ili n)ini51r¢cs in order lo largct a SC¢lion of )"oung people who att¢nd¢d the church T¢gulaTI)' Miih IhLir parLnis. grandparenis or guardian For Ihc Jcar rcviui M). CThurcb SCIO has s¢¢n 34 indii'iduxls bap11 by immersion. KPI's ivill ronlinue io serie &$ a qualii). assurance iool for Mi. Churih SCIO. The irtformaiion Ihc)" provide hclps u5 PTOtnol¢ care ihai is Ce&s1b1C. scrvicc-drii'en. c051-cifceiive. evidencL-based. and Tesulls-lociisL. Risk. mdnaLILmLni ThL IruslLLS hai'L assed Ihe major risks lo whirh ihe chariiv is cxposed. ID pariLLular Ihose relalLd io IhL CIPLralinns and finttrtLLS ol Ihe charii), and ar¢ 531isfi¢d ihai S) elS ar¢ in placL io miiigal¢ our ¢XPOEUT¢ ITr Ihc tnajor Tisks. Financi&l reporis arc prcparcd ¢a¢h month for Ihc Ifustecs ii"hiLh conip3r¢ acliial re4ulis ag8ins1 largels 5cI foT ihc Lurrcni monih and )'car lo dale. Anal)'%s of non-finanLial hazard5 aT15ing troin Ihe undcrlakine of ihc li.ork of Mi" Church SCIO is done ai a kTreal lei'¢l in liL Miih M). CThiJrch SCIO'S hcalih and saf¢li' policl". Such a.5$M¢ni. and ihe conlrol rneasurLs Tesuliing from it. is moniilircd ihrougli annual ¢Nternal hL'alih re1). eonsulianl audii and iniernal iDspcclion and pLr% ision arrangLmenik The Trute¢S und¢rsluoii their al10r), r¢5pon5ibilili¢5 the cOunting period. AppoinimLni ol'TTilStees TriislLLS uihLr than OnLLe tk"arcr& ?r¢ nolal ftsr appoinimeni b). lh¢ Thcre is a fixcd Icrm of 3 )'Lars Inr I'ru5tceship. Prior 10 Iheir appoinlmenl. Tru5tL% iiould be aclivc mcrnbcTS ol Ihe church iho 0111(1 hal't R¢ri cd IhL LhurLh for wme lime in i-ariou5 TuIL% and be larniliar 14-iih the cliurch's valiiLs. lis aims and objLcIiI¢5 3s 11-cll as ils da)'.10-da)' operaiioDk As part ofiheir induclion programme. ne%v TrLisiees are rLNuIrL io undSIdd Ihcii Sta110>. responsibiliii¢% Achi¢vcmcn15 and P¢rfurmanLC Diiring IhL Jlar. Ihc Church wnlinutd 10 med regularli. for '[shiP and caNicd oui aT15 aciii'iiics 111 pur%uit of the alx)i'L siaicd aim5. The %'L'knf Coniinued 10 see man%. pwplc Lome 10 profess their faith in ChTisI and Eci'¢r?l indii'iiiuals follow Ilim ihrough the ii"aiers ofbaptism. Oihcr signiltLani highlighi%. ¢i'en15 ttnd dci'elopmenis of Thole its the include the folloising= In
M Church SCIO I"ruslecs' Annual Rcport (continued) for the year ended 31 fjecember 2024 Achievements and Ptrformin¢e (rolltinued) Christ Centred l Bible Ila5ed: Wc strive to remain a "ChriA ¢entred and Bible bascd cl)urch" aiid to reflect th is ivitl)in OLif comi1I1111ity. Oiie that seeks to glorify God in all ive do ai)d that ivliolly ¢mbra¢es the Holy Spirit. We believe that church should be relevant lo today's society. Our services rcfle¢l ili14 witli a In ixliire of iraditioi)al and ¢ont¢n)porar)' Ivorship, life-applicalion Ica¢hii)g and a prograiiinic of ¢liurcli activitlCS that takcs thc love of God into oiir conimunity. Iii receiit year& ilie leadcrs l)ave ivorked diligeiitly lo ensiire an opeii and honest environmeiil in which people cali eiicoiii)ter God iii ivays that are p¢rsonal lo Ih¢m and with a life changing impa¢l upon them. So. we arc a ¢hur¢h in its tiine aiid for its time, Ivliilst fLilly bclicving in the pertllanent and unchanging Inessage of the Bible. Worship: The ivorship at My Cliurch SCIO is Yilal and coni¢mporary aiid our church coiitiiiues to slrivc to be a dNvelling place for God througli our praise and iyordiip, so ihat lie abides iii us and Conliiiiies to move freely. Tlie more ive spend time iyiili God the more we knoiv him aiid love hiin. Aiid il's tl)rougli that deep passion and lov¢ for God that you ¢annot help but worship. So il goes back to spendii)g mor¢ lime as a clilirch in the ivord of God ai bible study. small groups and prayer meetings that eiicoiirages a heart of ivorship. WomeM'5 Ministry: .SHI:- is an iiispirin¥ and uplifting mini51ry that alloivs women of all agcs lo explore the Ineaning of life, tlieir piirpose, deepen aiid develop tlieir relationship iviih Christ. It has bccn a ¥r¢al success siiicc 115 Thc Gifi= Tlic Gift ivomen's minisiry is an excelleilt eveiits mini51ry for ivomen. Tliere ivere a nuinber or eveiits througliollt the year iyith the main cvcnt -The Gift Ladies Confereiice 2024 ¥vliicl) Ivas a grcat siicc¢ss. A lot of time and effort iveiil inlo preparing and planninb for tliis eveiit aiid tlicre ivere a record Iilllber of atteiidecs. Sun(lay Club: Streettvi5c on Sunday, Scar¢hers and Bible Class= Thank you lo all the teaclicrs who faitl)fLilly s¢rve within Suiiday Club. as ivithoui ihcir ¢ommitmenl and dedicalioii Ivc ivould iiot be blc lo operole a Cliib at all. It is also ivorth saying that ive consider it an iiiimeiise prii'ilege tliat pareiits ciitriist tlieir childrcn to us each iveek. In the last year ivc Iiai'c 5¢en an increase in our tcachiiig stafl ii,li ich lias been a real blessing. It will always bc our focus to keep J¢sus at the centre of cverything that we teach tlie childr¢ii i¥hilsl encoiiraging thein to accept Him into their lives and have a pernal rclalion5hip with Him. As tcachers we a¢knowledge that it is important thal if ive are out teaching we allend al least oiie other Iveekly service to ensurc thai ive are spiritually connecled with oih¢rs in the Church. W¢ will also ¢oi)lii)ue orgai)isiiig training for our teachers in lh¢ coming year in botli tcaching t¢¢hiiiques/ski11s and also cliild prolcction.
M chui.ch SCIO Trustecs, Annual Rcport (continued) for the year ended 31 Deceinber 2024 Achievements #nd Performance (continued) Other chiirch activities incliide tlie following: Held eacli Friday evening, 'AcfivATE" and DILTA youth groups continue to attract over l 00 ¢liildr¢n and young pcople with a packed prograinme involving Iiiusic, 5porl, Bible teacliiiig aiid pcrforming arts. Tlie Easter and Slimmer Holiday Clubs iii 2024 were again great successc5 Iviih outreach to over 100 cliildrei) each day. Aclivili¢s involved kayaking. caiioeing, c)'cliiig, arts and crafts and Irip5 10 various places. 'Holiday 2024" gave around 40 senior friends ihe opporlunity for a great lioliday logeilier li) Lytham St. Annes. Again Ihis iva5 an oulstanding suc¢¢ Wc kllow how important it i& as believers. to be cquippcd ii'ith tlie tools and knoivledge we need to live oiil our daily lives. Tliis Inakes life group& som¢lin)¢s kiiown as Small groups. ali iillportai)t aspect of tlie life of any ¢hurch. Our lif¢ group programwne varie5 Ihroughoul th¢ year hoii'ever we lend to work through 5eri¢s that are aroiind 6-8 sessions in length. Tlicse scric5 arc designed to help us grow individually iii our relationsh ip ivith God as well as helping to biiild our r¢lationships willi each oiher. Our life group le<lders lielp to inlroduce the diSsIon topic aiid to faciliiale tl)e discussioii hoivever tliis is very n) IL¢li done on ali in formal and relaxed basis. We have a nutnbcr of life group& In051 of ivl)icl) iiieet logetlicr on a Wediiesday eveiiing al thc church. Pri1ycr for tlie Cotniiiliiiity -a5 a churcli. lye continue to enjoy the privilcge of praying for those wlio jouri)¢y Il)rough lif¢ iviih us in our comiiiuiiity. Tlie chlirch continiies to actively ivork in ils child proteclion and prolcclion of vuliierable adiilis polirics lo ¢i)sur¢, as b¢51 il ¢8n, that the chiircli is a placc of safety aiid saiicluary (or il)ose idcntificd as b¢ing ai risk. As parl of our Healtli and Safety rcvicw, various works liav¢ beei) carried oiit on tlie preini5es during the year. God ha5 continued to bl¢s5 the ¢hur¢h in so many ways. In today's society wlierc ive hear tl)e stories of churclies having to close their doors due lo lack of nuinbers and interest, it coiiliiiuc5 to bc eii¢ourabTring that oiir chiircli remains a vibraiii pla¢e of ii'orship aiid felloii's1)ip, briiigii)g tlic real aiid rclevant message of tlic Gospel to the people of the cotnniun iiy aiid tlie wider City of Glasgow. W¢ are so very grateful lo all the Church members volunte¢rs and others as50¢iated ivitli tl)e Chiircli Ivlio contilllie to give of their limc, resources and encrg), and ii,ho, in doiiig so, ei)sur¢ that iv¢ rcinain a Church in the Commuiiity and for the Communit)..
M ChLirch SCIO Trustccs, lnual Rcport (continucd) torthc J'car cndcd 31 December 2024 Acllieveiiients Performattce (¢ontinued) Oiir Yoiing Adults ministry brings togcihcr a gcncralioD of P1077a1e individuals. Tlicy ar¢ x diverse group of yoiing adiilts. 'ork ing together to create the best coininiJiiilie4 gaiheriiigs. ai)d events tl)at help other )'oung adults connect. t)uring the year wc liave 5ccii Ihis groiip grow aiid becoiiie a key mii)istr)' in IIIL li FL I, We clrc privileged to hiifve 1S Olir Pclslor. Te have al bc¢n abl¢ to engage ilic services of fully qualified Coil Iifcllill'fi ?fi ii"e olfer lo greater sneet ihc iiccds of the coniiiiui)it)J ji) vhich we are based. Furthermore. M'e continue to partner with various orgaiiisatioiis and ag¢ii¢i¢ (for e.xaiiiple, Glasgoii. I lousiiig ACiall0, Moiicy Malters. Alcoliolics Anonvmous. Cocainc Anon)'Inous and Community Lifestyles) in order to assist diose iii need within our coinmunily. In relation to fuiidin2= Cuntinued participalion by churcli members in ihe Gift Aid Scheii)e Financi#l Keviciy Priiiripfil.foiirces offiiiidin% Tlie cliiirch receives its funding fro church membcrs by way of weekly offcrings ai)d Gift Aid dotlations. Rtpiiili.i'fiJr ilie Jpeur 'I'lic I'inaiicial siatcments for Ihc }'car arc 5Ct out in pages 10 to 20 A5 shoivn oil the Statciiiciil of Fiiiancial Activities 01) page l O. the church reported Net Deficii of £iiil (2023 £iiil) Jiid iolal I'eserves nf £7,900 {202.3 -£7,900) tsf wliicli £nil was tied up in fixed a5sel& Rcservcs Policy li is the policv of ilie church maiiitain unrestricted fuiids. i.c. fuiid5 nvl ¥oininilted 01. invested in fixed ass¢l& at a level ivliich cquatcs to approAimalcl) threc Inoiiths of unr¢stricted cxpenditure. This alloivs 511fficicnt fuiids to cnable thc ongoin&i iyork of lh¢ chiircli to be maintained. Th¢ G¢iieral Fuiid Ipage I l ) ai 31 D¢L¢iiib¢r 2024 aiiiouiited 10 £7.900 (20? 3 -£7,900) i¥liich 25 acceptable lo ilic 'l'ru51r¢b. Grani Poliey Tlie ¢l)urcli iiiakcs gratjts from its iitlied gift iiicome to individuals and organisatioiis that arc ¥cncrally kiioii'i) to tlic 'l'r115tCC3 thc ¢hur¢h. Th¢ b¢neficillrie5 are involved in o¢tiwities or ininislri¢s coinpatible ivith the church's objectives.
M Church SCIO Truslees, Annual Ileport {continucd) tor thc ycar¢nded 3 1 L)cceillbcr 2024 Sl#teinenl of Trustees, Respusibilities Tlie Triistees are responsihle for perparing tlie Trustees Report and the financial slalemeiils iii a¢¢ordaiice with applicable laiv atid Ui)ited Kii)¥doin AoUnI1ng Siaiidards (Ilnited Kingdom (iencrally Accepted Accoiinting Prcictice). Tlie law applicable to cli1¢ rilies tn S¥"oiland. Ihe Chariiies and Truslee I iii'¢sln)eiit {Scoiland} Act 2005, (lie Chiiritics A¢counts (Scotland) Rcgulalior)s 2006 aiid tlic provisions of tlie charily's Coi)8titutioii require tlie Triislccs io prcparc financial stAtcnici115 for each financial >¢ar Mknich give a true ai)d fair vieii, of il)e Iiarily's dffair5 and of iiicotn ingi resources and application of Ili¢ r¢suurLes of ilic cliaril), for Ilial p¢riod. In prLpariiig Ille.* Iinancial statement& ihe Triiqlees are required io.. select suitable accounting policies and Ilie appl>. them Consien11y. observe tlie iiietl)ods ai)d prii)¢iples iii ihc Cliariii¢s SORP- make judgeineiits aiid estimates that arc reasonable and prudent- slate ivlietl)er applicable UK A¢counting Sthndards liave been folloived. subject lo aiiy malerial departures disclosed ai)d explaiiicd in ilie fiiiancial Aatemeiit& prepare tlie finai)cial llaieinei)ts 011 Ihc going concern basis Ulile is inapprupriale lo prcmiinc (Iidl Ilie Lliarily will LoiILiiiuv iii op¢rJlivIi' 'l-Iic Trustees are responsible for keeping proper accounting rccords i%hicl) disclose with rea%oiial)le acciira¢y at any timc the charity's finai)cial position aiid eiiablc thcwn lo ensure tIiAI the fi111¢ ncial slalciiiciils coiiipl) Ivitli thc Charities aiid Trustee Iiivcsttnciit (Scotland) Act 2005, the Cliarities Accoiiilts (S¢nilaiid) Rcgii latioiis 2006 and Ilic proi. isioiis of ilic cliarity s Coii 4iiuti0i1. Th¢> are respoiisiblc lor safegiiardii)g ille asscts of the charity and l)ence for taking Teasonable sleps fi)r the prevci)tion and detection of fraud and oihcr irrcgularilics. Tlie Triislces are responsible for tl)e Inaintenance and integrity of the financial inforniation iiicluded 011 tlie charity's i¥'ebsiie. Legislation in the Ilnited Kingdom goiierning the prepara(ic)ii and di5seiii ii)atioi) ur liiiancial statemenis mav differ from legislation in other jurisdiciioiis. Illclei)endent F,x#miner TIIL 'I'ruslLLs rLLuiiiiiiciid ihal Lii)aii)s iii offi¢e as Iiidepeiident F.xaii) iiier. I li is rLI)I)I'l 11.15 ¢11)Pl L)l L(1 bi IIIL I111slLLS 011 2 1 Sepicmber 2025 aiid sigiied on rheir belialf by- -1 I'Us.LL
My Chiii'ch SCIO i)(ILPL'li(ILiiI l..Naiiiiner's Repon lo ilie TrusicLS nii Ili¢" Illl<iudilL(I lii)ill)Liiil %lcilLI))LIIIs ol- M )' ('IILircli %(.']() (%c()ttiqh Cliqc rii). N'o. SC04STh j.1) I rEIri on Ihi fiiiJnLliil sialciiiciits ot. Ihe ih•ri¢% lor Illl lear en(ILd _I I 11,hich ci)iiiprisL IIIL bLYii prLP4ifid iii aLLiirdanLe i%iih Ihe accoiiniiiit policiL% SL51 i)Iii iherein dnd ilie tLxiuifLinenl< i)I' ilie I-.11¢11]I l(eponiiig slandi?r fL)r %niAllei l_niilics ILftLxiii'<' Jai)uan- 70151 he cSiarit)'s I'ls[CL5 are r¢spon5iblL for ilii, prL'pirJrtion ofihc fionancial siateffleiit5 in accDrdEinec ii'iih lknsis of Ind¢p¢llil¢iit Tr'.sn1ntCr's Repori In the coiJr5c of iii), LIL11niiinliDn. no niallLI' has clIe to all?11 RL'¥iil¢ili(Tr11 4 ttl-lhi ?n06 -Iccounis RLgiilaiior15. and
M Church SCIO Statement of Financial Activities .fvi' Ilié')'L'(4p' L'pi<lé.d 31 Dcccinbc)r 2024 I,hiesiryrted [kiglt<d Il¢sidtttd bu•d5 2024 2O2J TotAI Ineom¢ fr(m: Froiji geiierftle£l Donilinns Chariia)Ic &ti%'itiLS hLY Irddingr 1]1'111£S -1.olal income Expt41ilure oth: chilbIL AL1ii'ilies Totsl eAptnditurt Nd Itxpendilur¢l btfor* 1ralisft h¢h•'ttn funds TrthsfLYi funds moieTntnt in fund5 kc(oncili¥lion lund5 'I'0i fuimls brth)¥hi for¥%¥d 7.91)0 Total fndS rarried forv+ard 17 7.9 Th¢ %lat¢tll¢nl of Financial ALtisilits includes all gJin5 1055es in ik All irKtsm¢ and [d]lu (krri%'e from Li)nlinuing &lll'illL% T. Noits e5 9 10 18 rom iDILTThI Of1h fiwrKial 51alLinLIii5 10
Mv Church SCIO Balance Sheet at 31 December 2024 Notes 2034 Z023 Fixtyl Aet% Tangiblc Fixed Asse¢s Cu rrcnt Assets DLbtot5 Cash ai bank and iii hand 12 7.900 7.900 7,WO Crrylilors: Aniounts lalling duc viihin yL%w ij Net Cu rreni Assets 7.900 7.900 Net Assets 7,91M) 7.900 Repr(scntcd by: Ujirulricied kiiii GLmeral Fund Dcsi&ynatcd PTh)pY Fund 18 18 19 7.9(Ml 7,900 7.90D 7.900 ThL' financial 51alements on pa¥£5 10 to ?2 wer¢ wmved by ihe TJustee5 on 21 seplemE 2025 Yd 5ignL4J on their behdf by the undenioted- The Notes on 10 10 19 fotm an iniegrd part of Ihe5e rittcIal staithnLx)ts
M Church SCIO Notcs to the Financial Statements for the year ended 31 December ?0?4 l. Accounting Poli¢iL Accounting Convention The financial statements are prepared under ihe historic cost convenlion wilh iiems recognised at cost or tra115action value unless otherivise slated in ihe relevant Noles to ihese fiiiaiicial statements. I'lie riiiancial staleinent5 liave been prepared in accordance with ihe SialemeTrt of Recoininei)ded Practice.. Accoiintinb and Reportinb by Charities preparing their Accounis in accordaiice with binancial Reporting Standard for Smallcr Entities (cffcctive January 20151. the Charities and Trustee Invcstii)en¢ {Scoiland) Act 2005 and lh¢ Charities Accounts (Scoiland) Regulalions 2006 {a5 arnendedl. Tlie proncipal accounting policies adopted in the preparalion of ihe finaiicial statcm¢nis are set out beloiv. 1.1. Fund Accounting Fiinds are classified as either Restricted Fund5 or Unresiricied Funds, defined as follows- Restricted Funds arc fund5 subjeei io specific requireinents as lo Iheir use which wnay be declared by the donor or with their auihority or created by th¢ legal processe& but 51111 wiihin the wider obj¢¢is of the charity. Unrestricted Funds are expendable at the disrrclion of the Trustee5 in futherance of tl)e objects of ihe charity. If par15 of th¢ Unrestricied Funds are earmarked a¢ the discretion of ihe Trustees for a particular purpose. they are designated a5 a separate fund. This designaiion has an adiy)inistrative purpose only and does nol legally restrict the Trustees, discretion io apply the fund. 1.2. Income Recognition All incoiiic 15 fccogTiii8cd once the charily has entitlement to the income. it is probable ihat the income will be re¢eived and ihe amount of income receivabl¢ ¢an be measured reliably. 1.3. Donations Doiiations are recogni5ed whcn the charity has evidence of eniitlement lo ihe gift, rc¢eipt is probable and its aiiiount can be m¢asured reliably. Entitlemet usually arises iinmediately upon receipt. however. in the eveni thal a donation is Subject to conditions that require a Icvel of performance before ihe charity is entitled to thc fund& the income is deferred and not recognised ui)til ciiher those conditions are fiilly mei. or the fulfilmen( of those condilions is ivholly within thc conirol of the cliarity and il is probable tliat those conditions will be fulfilled in ihe reporting peTiOd. 1.4. Gift Aid Incoine Tax recoverable on Gift Aid donaiions is recogniscd i%.heii thc respective donation has been recognised and tl)e recoverable amouni of income lax can be measured reliably: Lhi5 15 norinally wlien the donor l)as complctcd the relevant Gift Aid declaration forin. Income tax recoverable on Gift Aid donations is allo¢ai¢d to ihe same fund as the respective donation u111 spccified by the donor. 1.5. Other trading aetivilies Incoiiic from other trading activities includes income earned from both tTading aclivilies to raise funds for the charily and incoii)e frown fundraising events and is recogniscd when the charity has entitleinent to tlie fund5. It is probable that these will be received and the amounts can be mcasured reliably. 12
M Church SCIO Noles to the Financial Siatements for the year ended 31 Deceinber 2024 1.6. Expenditure Regoeognition Liabiliti¢s ar¢ re¢ogFniqed as ¢xpendilure as soon as tliere is ¥ legal or con51ru¢live obligatioi) ¢oininittiiig the charity to that cxpcnditure. il is probable ihat settlcment will be requircd ai)d Ilie ainouiit of the obligation can be measured or estiinated reliably. Liabililic5 arc Tncasiircd on rccognition at hislori¢al cost and thcii Subsequently measured al ilie best estiiiiale of ilie aiiioiiiit required to settle the obligalion ai ihe reporting dale. All cxpciidilurc is accoiint¢d for on an accruals basis. All expcnses iiicludiiig support costs ai)d goveriiance costs are allocatcd or apportioncd io the applicablc expei)diture lieadings. Furih¢r inforinalion on the basis of allocation is provided bcloiy. 1.7. Expenditure on Charitable activities ExpciiditLirc oli cliaritable aciivilic5 includ¢s all costs incurred by the cliarity iii uiidcTlakii)g activites tliat furilier its cl)aritable aiiiis for the benefit of ils beneficiaries includii)g tliose support costs ai)d costs relatiiig lo tlie governance of the charity apportioned to cliariiable activities. Tlie c05t5 of charitable aclivilcs prcsenled in the Statemenl of Financial Acliviti¢s iiicludes the costs of botli direct service provision and the payments of grant awards if appli¢able 1.8. Governance costs Goveri)ance costs (which ar¢ iiicludcd as a component of support ¢osts in accordance iviih SORP) coinprise all costs involviiig the public accounlabilit), of the cliarity aiid its coinpliaiice iviih rc¥ulalion aiid good practice. These costs includc t110 related lo constitiitional and statutory rcquirem¢iils ¢.Yteinal scruliny {audil or independent exatllination). slrotegic maiiagemenl, aiid other legal and professional fees. 1.9. Irrecoverable VAT Irrccovcrablc VAT is cliarged againsl the expenditure licading for ivhich it wa5 incurred. l. l O. Aetivily based reporting To coinply full). Ivitl) tlie Stateiiient of Rc¢ommended Practice would require iiicome and cxp¢i)dilure lo bc rcporlcd by a¢tivily. The Trustees are of thc opinion ihat tl)e charity'5 a¢tivilies are iiiter-linkcd Ivliich mcans tlial aciivily-based reportiiig ivould be impracli¢al to calculatc and iVOLild provide iio additioiial beiiefit to tlie iisers of thcse fianancial statements. Therfore, no further analysis of ii)coine and cxpeiidilurc is provided withiii these financial Aaiem¢i)ls. 1.1 l. Tangible fixed #isets Tlic cliiirch land is slalcd ai the Trustees, estimate of market value. No depreciation is charged oil tlie laiid. Tlic chiirch biiilding is 5talcd at Cost. Depreciatioii ivill b¢ provided oil tlie cliurch buildiiig at the ai)iiual rale of 20/0. Straight line. Other buildings and property will be dcprc¢iat¢d at 20/ts per aiiiiuiii. Depreciation is provided at the following onnual rates in ordcr Io WTitc off ¢acli asset over its cstiinaled Uscful lifc. Cliurcli flirn iture Molc)r Vel)i¢les Eqii ipiiient I 0¢/ slraiglit liiie 201J/Tr 5traighi line 20•/ty raIg1)t line I'hc cliurch'5 policy is lo ¢apitalise only ilcwns of expenditure exc¢ediiig £ 1.000. 13
M Church SCIO Notes to the Financial Statements for the year ended 31 December 2024 1.12. Debtor5 Debtors are Inea5Lircd al Ilicir recoverable amount& bcin¥ Ihe amount the cliarity anticipat¢s Il ivill receive in seltleii)ent of the debi. Prepayments arte valued at thc amouiit pr¢paid at the reporting dalc. 1.13. Creclitors Creditors are recogilised ivhere the charity has a prescni obligation re5uliiiig froin a past event that ivill probably result iii tlie traiisfer of an ecoiiomic beiiefit gcncrally in the form of a cas]) payinenl - to a third party and the amount due to settle ihe obligation can be measured or estiinaled reliably. 1.14. Pensions Tlie peiisioii cost5 cliargcd in th¢ financiol sthiements represents Ihc Contributioii payablc by the cl)urcli dii riiig tlie year. 14
M Church SCIO Notcs lo IhL' Financial Slatemenls for ihe year ended 31 D¢ccmber 2024 I mrestri¢ied Total 2024 Notes 2023 Donations Opcti OftLngS l)Dnations b}. (iiA Aid 'la¥ rLxlaiTM on liift Aid Gifts rLxxi%cd for di5bursemthi GrJni IrtLomL (AhLY don&ions ChAritAble idivitie5 Ynuth Minisiry ther trRding xctivitios I lall hiK and rLnlal inwm¢ .0sts of charilable ictivitie5 Lml MiiiisiriLS- Siattcosis LoL-,d MinislriCi- OihLY DI1 Cosis National lilS1nes I'ropiYi}' Jnd RLsourft GoiLYn£inLi' Cust io Staff Costs Expense5 2024 2023 Remuneration (Kial Rffiiril}' (Ybsts 20 kxptn5t5 Car dlloiiKUmllLL EIpLnsL% dloii'ancc I lousing allo11¢¢ Lifc A55urJncc 'l-h¢ avLrag¢ Thutnber Df etnplv)'LS dring Ihe )'¢x nil 12023 - nill No Linplo%'LY fl11¢d rLinunLiOJ) ofTnor¢ lh £(AJ.IXXI during thc )'cw. 15
M Church SCIO Notes to the Financial Statements for the year ended 31 Deceinber 2024 2024 2023 Gcner41 Re51rirltd T&ig1 Local ministries Ptslpil 5yppIy Ediication Evongelism Fellowship expcnses Youth co-ordÉnor Family Support Holiday 1024 Holiday Club eJpthses Telq)hone Stationery. prinling and maglneS Sundry Cornpuler. Soiind vision Moior and travel penSeS Training Couns¢lling C.QPyTighi Licence Iloliday Hullger National and over5eAs ministries Granis and Gifts (..I'nle 161 Property And reSoue5 Council Ta Rent I,.I'oiL' 141 maintenan and ¢lwing Fl expens¢s and lighi Insurance Payroll fces Depreci&ion IGainyLoss on disrx)sal Ptoffs51oll fees Bank chwges io. Gov¢Tnance C'osts PSlOl sl0n LM)Sts 16
M Church SCIO Notes to the financial Statements for the year ended 31 December 2024 I l. Tangible Fixed Assets loiDr C'hutth urnilwrc rrop¢rl) Total At l JlUr). 2024 Addition5 Disposals At 31 December 2024 Dcprecifjlioii At l January 2024 Char¥e for y Eliminated on disposals At 31 December 1024 Yoliie At 31 Dember 2024 At 31 D&*mber 2023
M Church SCIO Notes to the Financial Statements for the year ended 31 December 2024 12. Debt0. Amounts falling due within one year 2024 2023 Inconie lax recovcrknle Prepayinen15 Other debtor 13. Creditors: Amount5 falling due wiihin one year 2024 2023 oilier Te$ and Social Security Accrnals 14. TruStL, Remunergtion and Rdated Party Transartl0115 The Trustee5 received no remuncraiion during ihe year (2023 - Nil) in their capxity a% Tmsiees. txjring the year the following tra115#105 Ivlth relatLYI partits took pl&e.. Nil.
M Church SCIO Notes to the Financial Statements for the year ended 31 December 2024 l& Fund Transfe DE51gnf¢d Proptrly Fund Designated As$e15 UDd GentrAI Fund Additions to fixed assets {motor vehicle) To Missionary Support Fund l& Grants Awarded Durit]g Il)e }'&3r. gift5 of £nil iycre pwd io individuals Q023 £Dil) The chutch also lIted 8fdnts to charitie5 and Christian DIlsaIon$ a5 follows Ilnrtsiricicd l.und Gtner¥l DEsignttd Reslri¢ted 2024 ZOZ3 Evangelical AIIiAnce Glasgoiv Ciiy Mission Bethany Christian TnJ5t 17. Net A5se15 by Funds {Unrestritted) Gentrl Fund Ik5ignaled Proptrh. JksigThxted A55ets Rtstri¢ted Funds Tot*1 Fi.Yed Assas CliTrlI 2155e15 Cash bank and in hd t)ebto C iirreiil Liiihililies Crniditors 7.900 Net Assets 7.900 7,900 19
M Church SCIO Notes to the financial Statements for the year ended 31 December 2024 18. Ilnrestrided fund5 Bal•¢e 01.01.24 It)¢J)ming Resou re50uffts exFndcd BalAnce al Tmsfe 31.12.24 Generdl Fund 7.900 A5sd5 F und Property Fllnd Gifts Fund Total Designated Funds Total UnrLstrided Fund5 E.Yplniiolioii offiiiiits The Ci¢iiei'fil l.iiiid encompasses all d exndItU ling io Iht primary x1ivitie5 of the d)ur¢h. other than those for iyhich funding 15 re51riLtcd or dL%i8natLYl. The Desi%iwiv(I Pioperiy Fiiml may be used to finarKe the purthasc 4yroprie property lo refvrbish existing property. Th¢ IA,sigiiaie(1..1sseis l.ill will rfprE5Cllt the ik Yalu¢ of the fixcd &ssds ithith would noi be readily convertible inio cash. The t.Yigii¢Fied Gifis Fil1 t4wesenis the of earn•ked gifts for fonvding io swific chltieS or orgaiiisations. 19. Re5trided fuNd5 BanCe 01.01.23 Inu)ming RcsouTLf5 resoujtts eXdl Blgllte At TSfer5 31.12.24 Strd Fund E.Ipldiioiloii offiiiith. The.5¢i'É1 l.tiiiÉl Tepresents gi115 donation5 TEceival towds the estLiShml of new mini51ri¢5 wiihin ihe churth. 20. pe570n Costs The chureh ivill OPLYatc auto enTolnitni per)sion s¢hane in rtspt of ils employecs. The 5chane and lis assas are held by Individu managers. The pension dw8c fLr15 contribulions due from ihe thurch whith &iiountcd io £nil 12023 £nill. 20