## **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: 1. **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. 2. **Mission.** To support and extend Christ's mission both at home and overseas through evangelism, church planting and caring ministries. 3. **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. 4. **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 MeM1￿S of thechurch at a Members meetin& Tvustees are appoint￿1 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 I￿Or￿)rated Organisation Regulations 2011. A Trustee can akn be c1￿0pted 35 Trustee by c￿Use 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 ot￿r 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 I￿k 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 I￿1 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 ar￿unted 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 de￿il 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 CHI￿cH SCIO Repoi* of the Independent Examlner to Ibe Ti￿stee$ for Ihe year ended 31 J*nllary 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 u￿le[ 44 (1) (c) of the Clwities and Trustee InveslnieDt (Scorland) Aci 2W5. In our opillion the Starell￿11 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 fu￿￿tial yeat. In our opillion prO￿r records have been kepr and the financial statemenis at the year-end are a tnie a￿1 fair fIn￿]cIal view of the Clwity as at 31 January 2025. We consider there are Circull￿ranceS tllat need ro be i'eported ro rhe Clwiry Tn￿rees. 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_