Peebles Baptist Church SCIO SC049084
End of Year Financial Statements
Year ending 31 March 2025
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Introduction
The trustees are pleased to present their report and financial statements together with the independent examiner’s report for the year ended 31 March 2025.
Objectives and Purposes
The purpose of the Church is to glorify God, the Father of our Lord Jesus Christ, through:
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the promotion of activities consistent with the vision of a witnessing community of faith in Jesus Christ; and
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the advancement of Christian faith and practice primarily in Peebles and the surrounding area of Tweeddale, and also throughout Scotland and the rest of the World, by all means consistent with the teachings of the Christian Bible including worship, ministry, mission, prayer, witness, education, community service and the support of agencies and individuals and other charitable organisations involved in Christian missionary work and the relief of poverty or other social needs.
Achievements
Intentional Interim Pastorate
We welcomed in early June 2024 to work with us for approximately 1 year as an Intentional Interim Pastor. His role was to support the work of the church but to lead us through a process to create a church and pastor profile. To do so we went through a process focusing on five key areas
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History
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Mission
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Connections
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Leadership
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Future
Our church profile was approved in February 2025 and this was then distributed to Baptist Union of Scotland to share with interested pastors. We have also placed adverts in various places across the UK and America as we now search for our next permanent pastor of the church.
Building Site/Project Update
Our building site was still up for sale, and we had had one offer withdrawn – this was a company who wished to use this for housing. However, we also received interest from a group of local individuals who wished to “develop a community hub that will cater to diverse needs” through “a multi-use community center. This group’s aims are similar to the community aspect of our original vision for the site. Throughout the year we have been in regular talks with this group and in November 2024 we agreed to sell the building site to this group at a reduced cost. Legal advice was sought from our lawyers and OSCR, and there was no impediment to us offering this. This has been welcomed by the community
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group and ongoing discussions continue. It was agreed that funds received from the sale would be sent to Tearfund. After much discussion, the church also agreed to raise £10,000 for community use in Peebles and the surrounding area.
Membership
We were pleased to add to our membership over the course of this year – both formally and informally. All who engage with our church are part of our family.
We continue to meet at the Scouts Hall in Peebles, whilst our services are also streamed live on Zoom.
Pastor Search Team
In March 2024, the church approved the pastor profile and the members of the team – 7 individuals and as our Interim Moderator. The team have been working to pull together the process they will engage on whilst we await interest in our profiles.
The team agreed that after every meeting, we will update the church family on our discussions.
Although our congregation is small, we are a mighty church in the hands of God. We continue to press on through the journey we are on and we stand firm in the knowing that God has the plan, and we just need to follow.
Diaconate/Trustees
Our leadership team is known as the Diaconate. The individuals also serve as our Charity Trustees. The team meet regularly – generally every month – over the course of the year. In March 2025 we started the process of elections for the Diaconate. This process is ongoing until the results are announced at our AGM in May 2025.
Financial Review
The total income for the charity this year is £28,160 (2024: £86,238). The total expenditure for the year was £53,621 (2024: £47,473).
Reserves Policy
Peebles Baptist Church SCIO is primarily reliant on regular giving and donations from church members for general activities, which means income can fluctuate. It is therefore, prudent to have some financial reserves to ensure continuity of commitments. The Trustees and members have agreed that it is prudent to hold approximately 3 months of general running costs in reserves (currently around £12,000).
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Structure, Governance and Management
Governing document
Peebles Baptist Church SCIO is a Scottish Charitable Incorporated Organisation, with charitable status awarded on 28 February 1983. It is governed by its Constitution that was last amended on 17 March 2021 and registered with the Office of the Scottish Regulator (OSCR).
Reference and Administrative Information
Charity Name Peebles Baptist Church SCIO Charity Number SC049084
Website Address www.peeblesbaptistchurch.org
Current Trustees
Bank:
Bank of Scotland, High Street, Peebles
This report was approved by the trustees on 17 December 2025 and signed on their behalf by:
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Statement of Financial Activities
| Unrestricted Restricted Endowment Total Prior year funds funds funds funds total funds |
|
|---|---|
| Income and endowments from: Donations and legacies Income from charitable activities Other income Total income Expenditure on: Expenditure on charitable activities Other expenditure Total expenditure Net income / (expenditure) resources before transfer Transfers Gross transfers between funds - in Gross transfers between funds - out Other recognised gains / losses Gains / losses on investment assets Gains on revaluation, fixed assets, charity's own use Net movement in funds Total funds brought forward Total funds carried forward Represented by Unrestricted General fund Designated Catering/BBQ Housing Allowance Tithing Amounts to be Paid Restricted BUS Loan Repayments for BF Building Fund Catering/BBQ Gardening Fund Pension reserves |
20,084 1,380 — 21,464 31,725 — — — — 119 838 5,857 — 6,695 54,393 |
| 20,923 7,237 — 28,160 86,238 27,294 13,143 — 40,437 5,936 4,360 8,824 — 13,184 41,536 |
|
| 31,654 21,967 — 53,621 47,473 |
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| (10,731) (14,729) — (25,461) 38,764 14,136 5,319 — 19,456 5,295 (14,136) (5,319) — (19,456) (5,295) — — — — — — — — — — |
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| (10,731) (14,729) — (25,461) 38,764 |
|
| 73,403 604,962 — 678,366 639,601 |
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| 62,671 590,232 — 652,904 678,366 51,125 — — 51,125 55,608 — — — — — — — — — 6,248 11,546 — — 11,546 11,546 — 13,750 — 13,750 10,750 — 576,264 — 576,264 583,394 — — — — — — 218 — 218 218 — — — — 10,600 |
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Balance sheet
| Class and code Description |
This year Last year |
|---|---|
| Fixed assets BP Building Project KB Kings Barn LAND Land - Cleland Avenue VEHICLE Vehicle Purchase Total Fixed assets Current assets Z100 Main Fund Account Total Current assets Liabilities 6699 Agency collections Z04 Accounts Payable Z10 Loan Account Total Liabilities Net Asset surplus(deficit) Reserves Excess / (deficit) to date Z01 Starting balances Z03 Gains/(losses) on reval of fixed assets Total Reserves Represented by funds Unrestricted Designated Restricted Endowment Total |
286,120 291,960 146,261 149,246 60,000 60,000 8,478 — |
| 500,860 501,206 168,501 196,530 |
|
| 168,501 196,530 206 120 — — 16,250 19,250 |
|
| 16,456 19,370 |
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| 652,904 678,366 |
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| (25,461) 38,764 678,366 639,601 — — |
|
| 652,904 678,366 51,125 55,608 11,546 17,794 590,232 604,962 — — |
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| 652,904 678,366 |
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Statement of assets and liabilities
| This year Last year |
|
|---|---|
| Tangible assets Building Project Building Fund (Restricted) - Kings Barn Building Fund (Restricted) - Land - Cleland Avenue Building Fund (Restricted) - Vehicle Purchase General fund (Unrestricted) - Total for Tangible assets Cash at bank and in hand Main Fund Account Building Fund (Restricted) - Gardening Fund (Restricted) - Housing Allowance (Designated) - Tithing Amounts to be Paid (Designated) - General fund (Unrestricted) - Agency collection (Restricted) - Pension reserves (Restricted) - Total for Cash at bank and in hand Agency accounts Agency collections Agency collection (Restricted) - Total for Agency accounts Creditors: Amounts falling due after more than one year Loan Account BUS Loan Repayments for BF (Restricted) - Building Fund (Restricted) - Total for Creditors: Amounts falling due after more than one year Grand total |
286,120 291,960 |
| 286,120 291,960 146,261 149,246 |
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| 146,261 149,246 60,000 60,000 |
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| 60,000 60,000 8,478 — |
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| 8,478 — |
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| 500,860 501,206 113,882 112,188 218 218 — 6,248 11,546 11,546 42,646 55,608 206 120 — 10,600 |
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| 168,501 196,530 |
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| 168,501 196,530 (206) (120) |
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| (206) (120) |
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| (206) (120) 13,750 10,750 (30,000) (30,000) |
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| (16,250) (19,250) |
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| 652,904 678,366 |
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Fund movement by type
| Opening Incoming Outgoing Transfers Gains/losses Closing |
|
|---|---|
| BF - Building Fund Restricted Sub-total for BF BUSLOAN - BUS Loan Repayments Restricted Sub-total for BUSLOAN Catering - Catering/BBQ Designated Restricted Sub-total for Catering Garden - Gardening Fund Restricted Sub-total for Garden HA - Housing Allowance Designated Sub-total for HA Tithe - Tithing Amounts to b Designated Sub-total for Tithe General - General fund Unrestricted Sub-total for General ZPension - Pension reserves Restricted Sub-total for ZPension Grand total |
583,394 6,637 11,367 (2,400) — 576,264 |
| 583,394 6,637 11,367 (2,400) — 576,264 10,750 600 — 2,400 — 13,750 |
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| 10,750 600 — 2,400 — 13,750 — — 119 119 — — — — — — — — |
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| — — 119 119 — — 218 — — — — 218 |
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| 218 — — — — 218 6,248 — 20,265 14,017 — — |
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| 6,248 — 20,265 14,017 — — 11,546 — — — — 11,546 |
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| 11,546 — — — — 11,546 55,608 20,923 11,269 (14,136) — 51,125 |
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| 55,608 20,923 11,269 (14,136) — 51,125 10,600 — 10,600 — — — |
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| 10,600 — 10,600 — — — |
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| 678,366 28,160 53,621 — — 652,904 |
Analysis of income and expenditure
| Analysis of income and expenditure | Analysis of income and expenditure |
|---|---|
| Total Unrestricted Designated Restricted Endowment This year Last year INCOME AND ENDOWMENTS Donations and legacies 4000 - Sunday Offerings 1,742 — — — 1,742 558 4001 - Monthly Giving 18,142 — 1,380 — 19,522 20,567 4004 - Donations Received 200 — — — 200 10,600 Total 20,084 — 1,380 — 21,464 31,725 Income from charitable activities 4003 - Gift Aid — — — — — — 4005 - Fundraising — — — — — 119 Total — — — — — 119 Other income 4002 - Grant Funding — — — — — — 4006 - Miscelleneous Income 838 — 5,857 — 6,695 18,000 4007 - Fund transfer from UVA — — — — — 36,393 Total 838 — 5,857 — 6,695 54,393 |
|
| 20,084 — 1,380 — 21,464 31,725 — — — — — — — — — — — 119 |
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| — — — — — 119 — — — — — — 838 — 5,857 — 6,695 18,000 — — — — — 36,393 |
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| 838 — 5,857 — 6,695 54,393 |
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| INCOME TOTAL | 20,923 — 7,237 — 28,160 86,238 |
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EXPENDITURE
Expenditure on charitable activities
| 6000 - Stipend 6001 - HMRC 6002 - Pension 6003 - Housing Allowance & Council Tax 6004 - Travel 6010 - Building - Repairs & Maintenance 6011 - Building - Rates 6012 - Building - Insurance 6030 - Stationery and Postage 6031 - Printing 6040 - Software (licences and purchases) 6050 - Advertising 6060 - Equipment Costs 6061 - Books 6070 - Children's Work 6080 - Training and Conferences 6090 - Catering 6100 - Rental Costs 6110 - Volunteers - expenses 6111 - Volunteers - travel 6112 - Volunteers - costs 6120 - Subscriptions and Memberships 6130 - Insurances Total Other expenditure 6020 - Professional Fees - Legal 6021 - Professional Fees - Accountancy 6022 - Professional Fees - Other 6140 - Donations to other organisations 6999 - Depreciation 7000 - Miscellaneous Expenditure Total |
— — — — — — — — — — — — 222 — 10,600 — 10,822 12 — 20,265 — — 20,265 — 1,200 — — — 1,200 — — — 2,543 — 2,543 165 — — — — — — — — — — — — — — — — — — — — — — — — 186 — — — 186 439 — — — — — — 737 — — — 737 1,180 — — — — — 66 — — — — — — — — — — — — — 119 — — 119 — 1,440 — — — 1,440 1,461 846 — — — 846 846 32 — — — 32 — 80 — — — 80 — 1,900 — — — 1,900 1,560 262 — — — 262 204 |
|---|---|
| 6,909 20,384 13,143 — 40,437 5,936 — — — — — — 180 — — — 180 120 1,039 — — — 1,039 2,326 253 — — — 253 — 2,826 — 8,824 — 11,650 9,004 61 — — — 61 30,085 |
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| 4,360 — 8,824 — 13,184 41,536 |
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| EXPENDITURE TOTAL | 11,269 20,384 21,967 — 53,621 47,473 |
| GRAND TOTAL | 9,653 (20,384) (14,729) — (25,461) 38,764 |
• Conclusion
The foregoing financial statements represent a true and accurate representation of the financial position of Peebles Baptist Church SCIO as at 31 March 2025.
Treasurer
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