Holyword City Church Glasgow
Scottish Charity No SC049218
ANNUAL TRUSTEES REPORT AND ANNUAL
\ACCOUNTS For the Year Ending 30[th ] April 2025
TABLE OF CONTENTS
Page
Reference and Administrative Details 3 Trustees Annual Report 4 Independent
Examiner’s Report 7 Receipts and Payments Accounts 9 Statement of Balances
10 Notes to the Annual Accounts 11
REFERENCE AND ADMINISTARTION
Charity Name: Holyword City Church Glasgow Charity
Registration Number: SC049218 Trustees’ Annual Report
For the Year Ended 30th April 2025
The trustees have pleasure in presenting
Principal Office:
53 Kilbrine Street
G5 8JD Glasgow
Registered Office:
53 Kilbrine Street
G5 8JD
Glasgow
Current Trustees:
Retired Trustees:
Independent Accountant:
Charity Registration Number: SC049218
Trustees’ Annual Report
For the Year Ended 30th April 2025
The trustees have pleasure in presenting their report together with the financial statements and the independent examiner’s report for the year ended 30th April 2025.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Constitution:
Holyword City Church Glasgow is a registered Scottish Charity SC049218. All its affairs are governed by the Board of Trustees as stipulated in the constitution of Holyword City Church Glasgow.
Appointment of Trustees:
Trustee members are appointed by Annual General Meeting established by the constitution. An induction programme for any new members will take place at which, training and governance support is given to ensure that Trustee members are familiar with the Charity's values, aims and responsibilities in their role as designated trustees of the charity.
Charitable purposes:
The advancement of religion
Objectives:
The objective of the Holyword City Church Glasgow is to advance the Christian religion.
Types of Activities:
-
1) It makes grants, donations, loans, and gifts to individuals.
-
2) It makes grants, donations, or gifts to organisations.
3) It carries out activities or services itself.
Beneficiary Groups:
-
Children and Young People
-
Older People
-
People of a particular ethnic or racial origin
-
International Students
The main Activities and Achievements:
1) The church physical meetings resumed again from April 20th, 2025.
2) We continued with weekly prayer meetings sessions throughout the year. 3)
Food donations were made to students and church members.
- 4) Financial Review
The accounts have been prepared on a Receipts and Payments basis and in accordance with the applicable Accounting Standards, Statement of Recommended Practice, Accounting Reporting by charities (SORP 2005) and applicable accounting standards and the charities Acts 1993.
Financial performance:
Holyword City Church –Glasgow in the year under review could not meet its financial target.
Reserve Policy:
The trustees’ policy is to establish and maintain a reserve that can meet at least 3 months of our normal operating costs. Now, the trustees are making sure that any finances that remain are held in the charity account to build up our future reserve according to the charity objectives.
Risk Management:
There will be a special meeting called to discuss any special project. Committee members made aware of any risks involved. Once the Funding secured only then project will be approved.
Plans for Future Period:
Planning to acquire our own building that will help to us worship and carry out our Charity activities freely at our own conveniences and get saving from rental charges.
Declaration
==> picture [168 x 112] intentionally omitted <==
The trustees declare that they have approved the trustees’ report above on 15th November 2025 and signed on their behalf by:
Independent Examiner’s Report
For the Year Ended 30th April 2025
Independent Examiner’s Report to the Trustees of Holyword City Church Glasgow.
I report on the financial statement of the charity for the year ended 30th April 2025, which are set out on pages 9 to 12.
Principal Office:
53 Kilbrine Street
G5 8JD
Glasgow
Registered Office:
53 Kilbrine Street
G5 8JD
Glasgow
Current Trustees:
==> picture [137 x 87] intentionally omitted <==
Retired Trustees:
Independent Accountant :
Independent Examiner’s Report
For the Year Ended 30th April 2025
Independent Examiner’s Report to the Trustees of Holyword City Church Glasgow.
I report on the financial statement of the charity for the year ended 30th April 2025, which are set out on pages 9 to 12.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 (“the 2005Act”) and the Charities Accounts (Scotland) Regulations 2006 (as amended) (“the 2006 Regulations”). The charity’s trustees consider that the audit requirement of Regulation 10(1) (d) of the 2006 Regulations does not apply. It is my responsibility to examine the accounts as required under section 449(1) (c) of the 2005 Act and to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination is carried out in accordance with Regulation 11 of the 2006 Regulations. 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 view given by the accounts.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention.
1 Which gives me reasonable cause to believe that in any material respect, the requirements:
-
To keep accounting records in accordance with section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Regulations, and
-
To prepare Accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Regulations (as amended)
Have not been met
- I would however recommend that the charity continue to maintain all accounting documents and records in accordance with the 2005 Act, and the accounts should comply with Regulation 9 of the 2006 Accounts Regulations (as amended).
Relevant professional qualifications and body ACCA – Qualified Accountant
Holyword City Church Funds Income and Expenditure for year ended 30 April 2025
Total Funds Restricted Funds Total Funds Notes Unrestricted
2025 2025 2025 2024 £ £ £ £
INCOMING RESOURCES
Donations, Legacies & Similar Incoming
Resources 2 27,729 27,729 25,493 Grants Received 3 0 0 Activities for fund raising 3a 0 0 0 0
Total Incoming resources 27,729 0 27,729 25,493 RESOURCES EXPENDED
Charitable Expenditure
Grants Payable - Individual 0 0
Grants Payable - Institutional 0 0 Costs of Activities in furtherance of charities
objects 28,710 28,710 18,452 Management and Governance Costs 0 0 Total Resources Expended 28,710 0 28,710 18,452
Net (Outgoing)/Incoming Resources for year -981 0 -981 7,040
Total Funds at the start of the year 14,182 14,182 7,142 13,201 13,201 14,182
BALANCE AT END OF YEAR 13,201 0 13,201 14,182 Movements in reserves and all recognised and losses are shown above
The Charity's incoming resources and resources expended all relate to continuing activities
FIXED ASSETS Notes 2025 2024 £ £ Fixtures & Fittings 12,572 Church Building
Holyword City Church Statement of Assets and Liabilities for year ended 30 April 2025 12,572 0
CURRENT ASSETS
Cash and Bank Balances 9 629 14,333 Debtors & Receivables 9 0 629 14,333
LIABILITIES
Creditors Accrual and Deferred Income: 151 Long Term Loan
0 151
NET ASSETS 13,201 14,182 CHARITY FUNDS
General - Unrestricted 1d -981 7,040 General - Restricted 1e 0 0 Other 14,182 7,142 TOTAL FUNDS 13,201 14,182
The accounts have been prepared in accordance with the special provision of Statement of Recommended Practice: Accounting and Reporting by Charities (SORP) issued March 2005 as modified for smaller charities
Approved by the Trustees on 15 November 2025 and signed on behalf by:
Notes to the Annual Accounts
1. Basis of Accounting
These accounts have been prepared on the Receipts and Payment basis in accordance with the Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended)
2. Nature and purpose of funds
During the year under review, all of the charity's funds were unrestricted and were used at the discretion of the trustees. The charity received donations from its members and non - members. All the funds received were wholly and exclusively used for pursuit and furtherance of the charity's objects as stipulated in its constitution.
Restricted funds may only be used for specific purposes. Restrictions arise when specified by the donor or when funds are raised for specific purpose. During the period under review, the charity did not receive any restricted funds.
3. Related Party Transactions
There was no remuneration paid to any charity trustee or to any person connected to a trustee during the year.
4. Grants Received & Donations Received .
There was no grant received by the charity during the year under review.
Funds Total Funds Restricted Total Funds Funds Unrestricted
2025 2025 2025 2024 £ £ £ £
Donations, Legacies & Similar Incoming Resources
Collection and other donations - UNRESTRICTED
Planned Giving 0 Collection at all services 9,670 9,670 6,164 Sundry Donations 11,513 11,513 13,153 Building Fund 0
Gift Aid Tax Claimed 6,546 6,546 6,176 27,729 0 27,729 25,493
5. Cost of Charitable Activities
Funds Funds Total Funds Unrestricted Restricted Total Funds 2025 2025 2025 2024 £ £ £ £
Hall Hire, Rent & Rates, Mortgage 14,022 14,022 3,000
Missions and Evangelism 1,475 1,475 6,240 Pastor Appreciation 750 750 573 Printing, Postage and Stationery 864 864 743 Repairs & Maintenance 2,501 2,501 249 Sundry Expenses 2,239 2,239 2,940 Travel and Subsistence 5,003 5,003 3,157 Visiting Speakers Expenses 0 0 73 Welfare & Hospitality 1,706 1,706 1,327 28,560 2,025 28,560 18,302
6. Grants & Donations made
There were no donations nor grant that was made during the period.
Funds Funds Total Funds Unrestricted Restricted Total Funds 2025 2025 2025 2024 £ £ £ £
Total 0
Grants Payable - Individual
Individual Welfare 0
Grants Payable - Institutional Charitable Giving - UK 0 Charitable Giving - Overseas
List of Institutional Grants Payable Sortie Trust, Outreach 0 Total Grant Payable - Institutional 0 0 0 0
7. Governance Costs
MANAGEMENT AND GOVERNANCE COSTS
Interest & Bank Charges 0 0 Examiner's Fees - Accountancy 150 150 150 Professional Fees 0 0 150 0 150 150
8. Transfers between funds
There was no any transfer of funds from either unrestricted or restricted funds
9. Funds collected for other charities
There was no any fund collected on behalf of other charities during the period under review