Knightswood Baptist Church Scio
End of Year Financial Statements
Year ending 2024/2025
Page 1
Report of the Trustees for the period ended 31 January 2025 Scottish Charity No. SC049233
The Trustees are pleased to present their report together with the financial statements of the Knightswood Baptist Church SCIO for the year to 31 January 2025.
Status of Charity and governing document
Knightswood Baptist Church (“the Church”) was founded in 1929. The Church was previously an Unincorporated Voluntary Association (“UVA”) and is now a Scottish Charitable Incorporated Association (“SCIO”), as mentioned in previous reports. The Church is governed by Constitution. It is a registered Scottish Charity (SC049233). The Church is affiliated to the Baptist Union of Scotland.
Principle address Bankers Knightswood Baptist Church The Royal Bank of Scotland plc 183 Knightswood Road Glasgow Byres Road Branch Glasgow, G13 2XL Glasgow, G12 8QP
Aims and affiliation
The objects of the Church as quoted from its Constitution are as follows:
The Church’s objects (“the Objects”) are the advancement of the Christian faith primarily in Knightswood, Glasgow and also throughout Scotland and the rest of the World by all means consistent with the Christian Bible and including (without prejudice to the foregoing generality) worship, ministry, mission, witness, prayer, fellowship, networking, education, community service and the provision of activities and facilities for the community, and the relief of poverty and other social needs, including the support of individuals and other charitable organisations and agencies involved in any or all of these.
To achieve those objects, the Aims and Charitable Objectives of the Church are:
-
Fellowship. To strengthen fellowship among Church members and attendees and with all others who confess Jesus Christ as Lord by means of meeting together regularly as a Church and also at other meetings with other local churches and the Assembly of the Baptist Union of Scotland; therefore, fellowship in the Church is supplemented by participation in wider Baptist groupings and inter-denominational activities.
-
Mission. To support and extend Christ's mission both at home and overseas through evangelism, church planting and caring ministries.
-
Pastoral support. To offer pastoral care and support to all those who are members of the Church, and also to regular attendees and those with whom the Church has contact.
-
Community involvement. To work with and within the local community of Knightswood in various forms as a public benefit to that community.
Trustees and Office Bearers
Appointment of Trustees
The responsibilities of Trustees are determined in accordance with the Constitution and the appropriate charities’ legislation. The Trustees, by virtue of their appointment, are members of the Church and the Leadership Team. The Board of Trustees meet as the Leadership Team approximately once a month. Trustee business is dealt with at those meetings. To enable the Trustees to properly exercise and monitor their responsibilities, proper minutes are recorded and kept of all meetings of the Leadership Team and of all Church Members meetings.
The appointed Trustees are the individuals, mentioned above. The maximum number of Trustees prescribed in the Constitution is twelve, with the minimum number of Trustees being five.
Page 2
NewTrustees are appoint bythe MeM1S of thechurch at a Members meetin& Tvustees are appoint1 fora term of three years and ale eligible for re-apFX)intmentlor a lurther term at the end of each such yearof three years. A person will not be eligible for election or appointment as a Trustee unless he/she has been a Member for at least oThe year and is not disqualified from being a TTUStee of a charity underthe Charitie5 atKI Trustee Investment Iscotlandl Act2005 I"Acfl. All new Trustees are required to understand their statutory responsibilit a5 described in the Act and other supporting regutations. including the Scottish Charitable IOr)rated Organisation Regulations 2011. A Trustee can akn be c10pted 35 Trustee by cUse 61 of the Con5t[tIOn. Activities and achievements Significant highlights, events ar devek)prnent5 of te in the yeai include the followin8= Fellowshlp A lull programme of church activilies took place during the year to 31.01.25. facilitati and strengthening the fellowship of the Church. Woiship 5etvices took place each week. wth a tirT of fellowship and catering afterwards. and also pfa meetings and otr Batherings. We a150 played an active in der fellowship activities. induding the ILKal ecumenical group ol churche5 of various denominations. and clergy meetin85took ate. Mlsslon The Church Ik 3Th Annivetsary offerin8 rai%n8 £5632.50 which will be used towards up8radin8 church building. The Church also continued io meet the needs of thè local comnMJnity in Kni8htswood throu8houi iheyear. OuiTois & Toddlers 8ioup mèl, as did our Lunch Club. Postomlsupport The Church continued to prowde pastoral care and supM to r($ membeis. atterKlees and all with whom ihe Church comes into coniaci ihrou8hout the yeai. Where appropriaie. the minister of ihe Church. as did a number of other members of ihe Church, made visits io the elder and the ill or hcmjwbound. )d made re8ular telephone calls. Further, there was involvement in funeral arran8emenis as part of pastoral suppon. Communltyln¥ofvement As with Fellowship and Postoml supwn labovel, the Churth mainiained r($ var*)us involvements wilh the local community. The'Tots and Toddlers. group la group lor toddlers. batmes. parents and carersl mei in the Church's premises. The Church had an appointed Community Worker Ipan-timel io deveh)p works for the public beneffit and seryice io the local community. The Community Worker was also a thaplain in ihe I1 primary and secondary schools. Our Lunch Club also mei, io provide social coniait and food io people from ihe local community. The Church was able io make its premises available io the local AA meeting and SlimminR Workl woup during ihe year. Fln•n¢l•l revlew Resultsfvrthe yew In ihe year 10 31 january 2025, the Church recorded an excess of irKome over feceipis of £6365.4612024.. deficit of incorne over receipis of £25281. As ai 31 January 2025, Toial Funds vme £103,136 12024.. £96,7701. These were made up ol a Unresiricied Reneral funds amouTriing to É95.44412024= £91,027) and Designated fvnds amouniing 10 £7,691 12024'.1£5,7431. R¢serv¢s It is the policy of the Church to maintain unre51Titted fvnds at a level ihat equate5 to approximately three months of unrestrirted expendiiure. Thisallows sufficient fvndstoQnab iheorq(Mng work of ihe churchto be rnainiained. As meniioned above rhe unresiricied general fund at 31 January 2025 arunted to £95,444 which rnei with the policy. The Trustees are satisfied with the level of reserves reiained by the charity. Knightswood Baptist Church 10 is an empkjyer participating in ihe Bapiist Pension kheme l-BPS-l. The BPS is administered by the Pension Trustee (Baptist Pension Trust Ltd). The BPS had a deil with eath thurch bein8 respon5iNe for their share. The BPS has informed us that defiut has been cleared. On behallofthe Trustees Page 3
krylGHTSWOOD BAPTIST CHIcH SCIO Repoi of the Independent Examlner to Ibe Tistee$ for Ihe year ended 31 Jnllary 2025 We. Northgate Accounting Services Lid of Unit 2.25 Storage N-ault Biiilding. l MacDowall StreeT. Paisley PA3 2NB have examined the fuwicial statewents of Knightswo(Kl Baptist Church SCIO for fillallcial year ending 31" Jalluary 2025. The fiiiancial report been caThied out ule[ 44 (1) (c) of the Clwities and Trustee InveslnieDt (Scorland) Aci 2W5. In our opillion the Starell11 of accoullis collwlies with regulaiions 9 (1) (2) alld (3) dealing wilh receipts and payments accoullts and properly presenis the receipts and pairynents of the chariry foi the futial yeat. In our opillion prOr records have been kepr and the financial statemenis at the year-end are a tnie a1 fair fIn]cIal view of the Clwity as at 31 January 2025. We consider there are CircullranceS tllat need ro be i'eported ro rhe Clwiry Tnrees. Page 4
Receipts and Payments Account
| General Designated Restricted Total Prior year funds funds funds funds total funds |
|
|---|---|
| Incoming resources Incoming resources from generated funds Voluntary income Activities for generating funds Investment income Other incoming resources Total incoming resources Resources used Charitable activities Other resources used Total resources used Surplus for the year Transfers Gross transfers between funds - in Gross transfers between funds - out Excess of receipts over payments before other gains / losses Net movement in funds after transfers Total funds brought forward Total funds carried forward Represented by Unrestricted General fund Designated BMS Fund Building Fund Designated Funds Fellowship Fund Outreach Fund Restricted BMS Fund Building Fund Designated Funds Fellowship Fund Outreach Fund |
94,649 — 1,312 95,961 85,027 2,080 — — 2,080 900 — — — — — 806 — 5,924 6,731 9,222 |
| 97,536 — 7,236 104,772 95,149 93,119 — 5,111 98,231 97,089 — 80 95 176 588 |
|
| 93,119 80 5,207 98,407 97,677 |
|
| 4,416 (80) 2,029 6,365 (2,527) — — — — 1,094 — — — — (1,094) |
|
| 4,416 (80) 2,029 6,365 (2,527) |
|
| 4,416 (80) 2,029 6,365 (2,527) |
|
| 91,027 80 5,662 96,770 99,298 |
|
| 95,444 — 7,691 103,136 96,770 95,444 — — 95,444 91,027 — — — — — — — — — — — — — — 80 — — — — — — — — — — — — — — — — — — — — — — 6,407 6,407 4,193 — — 340 340 340 — — 944 944 1,128 |
Balance sheet
| Class and code Description |
This year Last year |
|---|---|
| Current assets 2501 Royal Bank Current Account 2502 Baptist Union Deposit 2504 Royal Bank Business Account 2505 Royal Bank Business Account Scio Total Current assets Liabilities 6699 Agency collections Total Liabilities |
— — — — — — 103,136 96,770 |
| 103,136 96,770 — — |
|
| — — |
Page 5
| Net Asset surplus(deficit) Reserves Excess / (deficit) to date Z01 Starting balances Total Reserves Represented by funds Unrestricted Designated Restricted Endowment Total |
103,136 96,770 |
|---|---|
| 6,365 (2,527) 96,770 99,298 |
|
| 103,136 96,770 95,444 91,027 — 80 7,691 5,662 — — |
|
| 103,136 96,770 |
Statement of assets and liabilities
| General Designated Restricted Endowment This year Last year |
|
|---|---|
| Current assets - Cash at bank and in hand Royal Bank Current Account - Royal Bank Business Account - Royal Bank Business Account Scio - Totals Grand total |
(790) 740 50 — — — (542) (740) 1,283 — — — 96,777 — 6,358 — 103,136 96,770 |
| 95,444 — 7,691 — 103,136 96,770 |
|
| 95,444 — 7,691 — 103,136 96,770 |
Fund movement by type
| Opening Incoming Outgoing Transfers Gains/losses Closing |
|
|---|---|
| General - General fund Unrestricted Sub-total for General Bms - BMS Fund Designated Restricted Sub-total for Bms Building - Building Fund Designated Restricted Sub-total for Building Designate - Designated Funds Designated Restricted Sub-total for Designate Fellowship - Fellowship Fund Designated Restricted Sub-total for Fellowship Outreach - Outreach Fund Designated Restricted Sub-total for Outreach Grand total |
91,027 97,536 93,119 — — 95,444 |
| 91,027 97,536 93,119 — — 95,444 — — — — — — — 115 115 — — — |
|
| — 115 115 — — — — — — — — — — — — — — — |
|
| — — — — — — 80 — 80 — — — 4,193 6,057 3,844 — — 6,407 |
|
| 4,274 6,057 3,924 — — 6,407 — — — — — — 340 — — — — 340 |
|
| 340 — — — — 340 — — — — — — 1,128 1,064 1,248 — — 944 |
|
| 1,128 1,064 1,248 — — 944 |
|
| 96,770 104,772 98,407 — — 103,136 |
Page 6
Analysis of receipts and payments
| Total Unrestricted Designated Restricted Endowment This year Last year INCOME AND ENDOWMENTS Incoming resources from generated funds - Voluntary income 1001 - Offerings 12,190 — — — 12,190 13,901 1002 - Gift Aid Offerings 62,140 — — — 62,140 52,755 1003 - Gift Aid Tax Refund 15,411 — 997 — 16,409 13,739 1007 - Donations received 808 — 315 — 1,123 1,199 1016 - Winter Fund — — — — — — 1017 - Community Worker Income — — — — — — 1018 - Youth Income — — — — — — 1020 - GASD Donations 4,098 — — — 4,098 3,431 Total 94,649 — 1,312 — 95,961 85,027 Incoming resources from generated funds - Activities for generating funds 1005 - Rents 2,080 — — — 2,080 900 Total 2,080 — — — 2,080 900 Incoming resources from generated funds - Investment income 1004 - Bank Interest — — — — — — Total — — — — — — Other incoming resources 1006 - Designated Gifts & Offerings — — 4,610 — 4,610 4,017 1008 - Other Income 500 — 119 — 619 65 1009 - Tots & Toddlers Income 306 — — — 306 394 1010 - Sundry Income — — — — — — 1011 - Lunch Club Income — — 945 — 945 326 1012 - Tax free from Revenue — — — — — — 1013 - Winter Social Wellbeing Grant — — — — — 3,418 1014 - Conference Income — — — — — — 1015 - Resources Income — — — — — — 1019 - Glasgow City Council Grant — — — — — 500 1021 - Love Christmas Grant Income — — 250 — 250 500 Total 806 — 5,924 — 6,731 9,222 |
Total Unrestricted Designated Restricted Endowment This year Last year INCOME AND ENDOWMENTS Incoming resources from generated funds - Voluntary income 1001 - Offerings 12,190 — — — 12,190 13,901 1002 - Gift Aid Offerings 62,140 — — — 62,140 52,755 1003 - Gift Aid Tax Refund 15,411 — 997 — 16,409 13,739 1007 - Donations received 808 — 315 — 1,123 1,199 1016 - Winter Fund — — — — — — 1017 - Community Worker Income — — — — — — 1018 - Youth Income — — — — — — 1020 - GASD Donations 4,098 — — — 4,098 3,431 Total 94,649 — 1,312 — 95,961 85,027 Incoming resources from generated funds - Activities for generating funds 1005 - Rents 2,080 — — — 2,080 900 Total 2,080 — — — 2,080 900 Incoming resources from generated funds - Investment income 1004 - Bank Interest — — — — — — Total — — — — — — Other incoming resources 1006 - Designated Gifts & Offerings — — 4,610 — 4,610 4,017 1008 - Other Income 500 — 119 — 619 65 1009 - Tots & Toddlers Income 306 — — — 306 394 1010 - Sundry Income — — — — — — 1011 - Lunch Club Income — — 945 — 945 326 1012 - Tax free from Revenue — — — — — — 1013 - Winter Social Wellbeing Grant — — — — — 3,418 1014 - Conference Income — — — — — — 1015 - Resources Income — — — — — — 1019 - Glasgow City Council Grant — — — — — 500 1021 - Love Christmas Grant Income — — 250 — 250 500 Total 806 — 5,924 — 6,731 9,222 |
|---|---|
| — — — — — — — — 4,610 — 4,610 4,017 500 — 119 — 619 65 306 — — — 306 394 — — — — — — — — 945 — 945 326 — — — — — — — — — — — 3,418 — — — — — — — — — — — — — — — — — 500 — — 250 — 250 500 |
|
| 806 — 5,924 — 6,731 9,222 |
|
| INCOME TOTAL | 97,536 — 7,236 — 104,772 95,149 |
EXPENDITURE
Charitable activities
| 1500 | - Manse Council Tax | 3,846 | — | — | — | 3,846 | 3,772 |
|---|---|---|---|---|---|---|---|
| 1501 | - Ministers Salary | 35,895 | — | — | — | 35,895 | 34,024 |
| 1502 | - Ministers Expenses | — | — | — | — | — | — |
| 1503 | - Ministers Pension | 4,342 | — | — | — | 4,342 | 4,107 |
| 1504 | - Employers National Insurance | — | — | — | — | — | — |
| 1505 | - Pulpit Supply | 500 | — | — | — | 500 | 255 |
| 1506 | - Pension Deficit | 9 | — | — | — | 9 | 12 |
| 1507 | - Repairs - Church | 2,441 | — | — | — | 2,441 | 4,852 |
| 1508 | - Repairs - Manse | 653 | — | — | — | 653 | 823 |
Page 7
| 1509 - Cleaning & Supplies 1510 - Heat & Light 1511 - Scottish Baptist Fund 1512 - Gifts and Donations 1513 - Outreach expenses 1514 - Sundry Expenses 1515 - Insurance -Church 1516 - Insurance - Manse 1517 - Photocopier 1518 - Telephone 1519 - Stationery/printing 1520 - Equipment purchased 1521 - Tots & Toddlers Expenses 1522 - Exp Suspense Account 1523 - Resources 1524 - Conference Expenses 1525 - Website/Software/Hardware 1526 - Professional Fees 1527 - Winter Fund Expenditure 1528 - Community Worker Expenditure 1529 - Youth Expenditure 1530 - Catering expenses 1531 - Childrens Resources 1533 - Community Worker Pension 1535 - Winter Social Wellbeing Grant Exp 1536 - Love Christmas Grant Exp 1537 - Lunch Club Expenditure Total Other resources used 1532 - Glasgow City Council Grant 1534 - NHS Healthy Eating Grant Total |
5,826 — — — 5,826 4,285 5,421 — — — 5,421 3,882 2,280 — — — 2,280 2,280 350 — 615 — 965 3,961 133 — 312 — 446 838 557 — — — 557 676 2,109 — — — 2,109 2,050 790 — — — 790 814 61 — — — 61 56 715 — — — 715 791 144 — 39 — 184 294 — — — — — — 362 — 44 — 406 458 — — — — — — 1,079 — (54) — 1,025 1,346 597 — — — 597 710 1,196 — — — 1,196 1,093 450 — — — 450 456 — — — — — 30 20,300 — — — 20,300 18,977 8 — — — 8 181 773 — 59 — 832 830 268 — — — 268 297 2,003 — — — 2,003 1,900 — — 2,900 — 2,900 2,520 — — 248 — 248 508 — — 946 — 946 — |
|---|---|
| 93,119 — 5,111 — 98,231 97,089 — 80 — — 80 419 — — 95 — 95 168 |
|
| — 80 95 — 176 588 |
|
| EXPENDITURE TOTAL | 93,119 80 5,207 — 98,407 97,677 |
| GRAND TOTAL | 4,416 (80) 2,029 — 6,365 (2,527) |
Page 8