# **Peebles Baptist Church SCIO SC049084**
## **End of Year Financial Statements**
**Year ending 31 March 2025**
_Page 1_
## **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:
- the promotion of activities consistent with the vision of a witnessing community of faith in Jesus Christ; and
- 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
- History
- Mission
- Connections
- Leadership
- 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Our building site was still up for sale, and we had had one offer withdrawn – this was a company who wished to use this for housing.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
_Page 2_
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).
_Page 3_
## 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:
_Page 4_
## **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**|
||**(10,731)**
**(14,729)**
**—**
**(25,461)**
**38,764**
14,136
5,319
—
19,456
5,295
(14,136)
(5,319)
—
(19,456)
(5,295)
—
—
—
—
—
—
—
—
—
—|
||**(10,731)**
**(14,729)**
**—**
**(25,461)**
**38,764**|
||**73,403**
**604,962**
**—**
**678,366**
**639,601**|
||**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|
_Page 5_
## **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**|
||**652,904**
**678,366**|
||(25,461)
38,764
678,366
639,601
—
—|
||**652,904**
**678,366**
51,125
55,608
11,546
17,794
590,232
604,962
—
—|
||**652,904**
**678,366**|
_Page 6_
## **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|
||**146,261**
**149,246**
60,000
60,000|
||**60,000**
**60,000**
8,478
—|
||**8,478**
**—**|
||**500,860**
**501,206**
113,882
112,188
218
218
—
6,248
11,546
11,546
42,646
55,608
206
120
—
10,600|
||**168,501**
**196,530**|
||**168,501**
**196,530**
(206)
(120)|
||**(206)**
**(120)**|
||**(206)**
**(120)**
13,750
10,750
(30,000)
(30,000)|
||**(16,250)**
**(19,250)**|
||**652,904**
**678,366**|
_Page 7_
## **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|
||**10,750**
**600**
**—**
**2,400**
**—**
**13,750**
—
—
119
119
—
—
—
—
—
—
—
—|
||**—**
**—**
**119**
**119**
**—**
**—**
218
—
—
—
—
218|
||**218**
**—**
**—**
**—**
**—**
**218**
6,248
—
20,265
14,017
—
—|
||**6,248**
**—**
**20,265**
**14,017**
**—**
**—**
11,546
—
—
—
—
11,546|
||**11,546**
**—**
**—**
**—**
**—**
**11,546**
55,608
20,923
11,269
(14,136)
—
51,125|
||**55,608**
**20,923**
**11,269**
**(14,136)**
**—**
**51,125**
10,600
—
10,600
—
—
—|
||**10,600**
**—**
**10,600**
**—**
**—**
**—**|
||**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|
||—
—
—
—
—
119
—
—
—
—
—
—
838
—
5,857
—
6,695
18,000
—
—
—
—
—
36,393|
||838
—
5,857
—
6,695
54,393|
|**INCOME TOTAL**|20,923
—
7,237
—
28,160
86,238|
_Page 8_
## **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|
||4,360
—
8,824
—
13,184
41,536|
|**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
_Page 9_