THE RIVER OF LIFE (DUMFRIES)
UNAUDITED FINANCIAL STATEMENTS
30- SEPTEMBER 2023
COMPANY REGISTRATION NUMBER:. SC049246
CARSON & TROTTER
CHARTERED ACCOUNTANTS
123 IRISH STREET
DUMFRIES
DG12PE

ri
Page
Trustees, report
Independent examinerf5 report
Statement of financial activities
Balance 8heet
Notcs to the financial statemen¢$
7-14

he River of L'f
Dumfries
Trustees re
ear ended 3.oth Se
for the
tember 2023
The trustees preseni their report th¢ unaud>t¢d financi￿ slat¢rn¢nts for ¢h¢ year ¢nd¢d 30th S¢pt¢mb¢r 2023. Th¢
financial stslements have been prepared in ￿cOrdanc0 with th¢ a¢counting poli¢ic5 Sct out in not¢ l ¢0 tho ￿COUnts and
¢omply with the Charities and Trusice Invesm)eni (Scotland) Act 2005. the Chariiies Accounts (Scotlandl Rcgulations
2006 (a8 arn¢nd¢d) &nd Accounting and ReportinK by Charities.. Stalement of Recomtnended Practice applicable to
chaTilies preparing their accounts in accordance with ihe Financial Reporting StandaTd applicable in the Uniied Klngdom
and Republic of Iroland (FRS 102).
ObJe¢llveJ Ind i¢tlvltleJ
The principal activities of The River of Life {Dumfries) in ihc ycw under review werc charitable, in linc with thc
charlty's objects, which #re ihe Hdvanctment of reli8ion by the promotion and Pr￿tice of the Christian faith. the
advan¢¢ment of¢ducation by thc provision of religiou8 cla&ses, life counsellin8 and financ281 advice, and the prevention
or relief of poverty by a range of actions and proj¢¢ts to h¢lp p¢opl¢ in ne¢d.
A¢hl¢v•rn•Thts •ttd ￿rfOrM￿nt•
The Charity raises funds in order for it to 4¢hi¢v¢ its objectives. These objectives hav¢ b¢¢n aehi¢v¢d during ihe y¢ar.
Vin•nclAI r¢vl•
The account5 show a net defLClt for the year of £12.146. Reserves at the year end were £53,173. Thbi 1$ rnade up of
£48.173 of unrestricted funds and £5,000 restricted fvndj.
R16k mAoaR¢fflent
The tru51e¢s have aige$sed the major risks to which iht charity is exposed, in partieulor th08¢ rel4i¢d to th¢ operaiions
and financin8 of the charity and are satisfied that Systems are in pla¢e to mitigate these risks.
Regerveg
The trustee5 airn io have sufficient reserves ¢0 ¢over beiwe¢n three and six months runnlng ¢o$t$ ind io me¢¢ redundancy
and winding-up cosls in the event that funding is reduced or ¢coses.
Stru¢t¥r¢i KoYern8nce mgn&%ement
The charity is h Scottish Charitablc Incorporated Organisation (SCIO) (No. SC0492461. It was rc8iSternd in its eurrertt
l¢gal fom on 1st O¢lober 2021. It IS governed by its Constitution.
The trustees •r¢ jointly responsible for the runnin8 of th¢ SCIO and managin8 It5 ass¢18. Th¢ trust¢cs mcct re8ularly to
review the work of the charity. monitor pro¥ress on Achievement of its objectives and financial perfom?ance And plan
ture strategy.
P*ge I

The River
fLif
Trustees re
ear ended 30¢h Se
ort
for tbe
tember 2023
- continued
RecruitmtDt •nd Appointm¢nt of Tr￿$¢¢
The trustees are always on the lookout for responsible people who Can help ihc Church g¥row and pr(Trvid¢ J firm
foundation for the governance of the charity. D¢ci5ions for recruitmeni lie with the existing trust¢¢s and Suitable people
would need to be held in high r¢gard in the Christian community, of iniegrity and treasure the values we hold dear, in
a￿Ordan￿ with our Stst¢m¢nt of Faiih and sound biblical iheology.
R¢feren¢¢ •nd 8dmlnlstr•tlve det811s
Scottish ¢hariry numb¢r
SC049246
Re8i51ered otTice
Lovcrs Walk
Dumfries
DGI ILU
Independeni ExAtniners
Gillian K Gray BA￿ CA
CaTSon & Trotter
Chartered Ac¢ountant$
123 Irish Street
Dumfrie5
DGI 2PE
Tn¢siees
The tru5tee$ who h4ve served the charity during the year And since the y¢ar end were as follows:
Mark Smith (Chair)
Helen Smith
Duke Miller
Glen Rogers
Rcbe¢ca Robertso
Page 2

be River of Life
umfrie5
Trustees re
eor ended 30th Se
for the
tember 2023
continued
RupDn5iblllties of Ihe tr￿ste¢S
Tho trustees are responsible for PT¢pJring the Truslees, Report and the firjartcial st&tem¢nts in accordance wilh applicable
law ond United Kingdom Accounting Standards (United Kingdom Generally Accepted Aecounting Practice).
The law applic&ble to eharities in Scotland requires ihe trust¢cs lo pr¢parc financial stal¢m¢nt$ for euch fin4ll¢ial ye￿.
which giv¢ a tsve and fair view of the state of the affairs of the charity and of the incoming re8ourc¢s and application of
resources. including the income #nd expenditure, of the charity for thc year. In preparing the￿ financial slg4t¢m¢nt5. the
trustees are required to..
select suitable %counting polici¢s and apply them consisiently,.
- observe the methods and principles in the Charilies SOIiP 2019 (FRS 102);
make jud8ements and estimates that are rea50n4bl¢ and PTudent-
state whether applicable UK accounting standard5 have been followed, 8ubj¢ct to any material departures disclosed and
explained in ¢h¢ fiD8fi¢i41 statem¢r]ts-
prepare ¢he finan¢i41 statements on the 80in8 concern basi5 unlcss it is inappropriate to PTe5ume that th¢ Charity will
continue in op¢ration.
The trustees are r¢spon$ibl¢ for keepins proper accounting records which disclosc wiih reasonable accuracy at any tim¢
the financial position of the charity and ¢0 enable them to ensure thai the financial statements comply with Ihe Charitics
and Trustee Inve$tmeni {ScoLland) Acl 2005, the Charities Accounts (Sco¢landl Regulations 2006 (as amended) and the
provisions of the charity's Constitution. They are also tesponyiblc for safe8uardin8 ihe assets of the charity and hence
for takin8 reasonable $t¢p$ fr)r the prevention and detection of fraud and other I￿8￿ulAr]tI¢s.
The tru$tee8 are responsible for the maintenance and inte8rity of the charity and financial inforn)a¢ion included on the
harity's web$it¢.
This report Was approved by the truste¢s of the ¢harity on 23rd April 2026 and si8rted on its behalf by..
ffl.L£JL
Mark Sml¢b
Ch*lr
Page 3

Th
mfTi
Inde
ndent ExArniTrer15 Re
The Rlver of Life
rt to the Trustee5 of
umfrl¢$
I report on th¢ a¢¢ounts of the charity for the year ended 30th September 2023 which arr sct out on page5 5 to 14.
ReJpettlve mpon$ibllitl¢s of trustees and eJamin¢r
The charity's truste¢s, are responsible for the preparation of the accounts in accordance with the tcrm5 of the Charities
and Trustee Investment {Scotland) Act 2005 and the Charitie5 Accounts (Scotland} Rc8ulations 2006 {as amended).
The trustees consider ihat Ihe audit requiremeni of Regulation 10(1 l{a) to (cl of the Accounts Regulations do¢5 not
apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to stale
whether parti¢ular matters have come to my attention.
BAsl$ of the IDdep•ndent ex*mlner'8 9tatement
My ¢xaminaiion 18 ¢arrLed Qui in accordance with Regulaiion I l of the Charities A￿ount8 (Scotland) Regulations 2006
(as amcndedl. An examination in¢lud¢g o r¢vi¢w of th¢ ￿cOUntIng records kept by the charity and a comparison of the
accounts presenied with those record5. It a150 inGlud¢5 ¢onsid¢ration of arty unusual it¢ms or disclosures in the
#¢¢ount5. hnd 5eek5 explanations from the trustees conceming any such matteTS. 'fhe procedure5 und¢rtak¢n do not
provide all the evidence th￿ would be required in th audic and con5equ¢ntly I do not express an audit opinion on the
view given by the accounts.
lThd¢p¢nd¢nt ¢¥•mln¢r's s18temtnt
In the coursc of my examination, no matter has come to my att¢ntion
a. which gives me re￿Onable cause to b¢li¢ve tha¢ in any malerial re8P¢Ct th¢ r¢quir¢m¢nt5'.
to k¢¢p a¢¢ounting records in accordance with Sedion 4411)(a) of th¢ 2005 Art and Regulation 4 of th¢ 2006
Accounts Reyulations. ond
to prepare acwunls which accord with the a¢¢oun¢in8 re￿rdS and ¢omply with Resu14tion 8 of ihe 2006
Accounts Rt8ulaiions'
have not been met, or
b. to which, in my opinion, attention should be drawn in Order to enable a proper understandin8 of the a¢¢ount5 to be
re￿bed.
Mrg GllllaD K Gray BA¢¢ CA
CgTSOn & Trotter
Ch*rtertd Aetount*nts
123 1rl&h Street
Dumfrles
DGI 2PE
DAte: 23rd Apt412026
Page 4

The River of Life
umfries
2023
Total
fllnd5
2022
Tothl
runds
Unrestrlcted R¢stri¢t¢d
fvnd$
runds
Notes
Income eniJowmenl$ fmm:
Donations and leg￿1¢$
Charitable a¢iivities
Other trading a¢tivili¢s
112.738
112,738 85,735
5,000
500
226.453 131,180
5,000
226,453
Tot81 I￿t￿Me
339,191
5.000
344,191 217,415
Exp¢Trdlture on:
Charitabl¢ ￿lIVitieS
Other trading activities
117,410
238,927
117,410 113,904
238,927 174,066
Tolal expendllure
356,337
356,337 287,970
Net lJcomel(exp¢ndllur¢)
(17,146}
s,000
(12.146) (70,555)
Net movement In fundi
12
117,146)
5,000
(12,146) 170,555)
Re¢oTr¢lllatlon of funds:
Tolal funds brought forword
12
65,319
65.319 135.874
TotAI fvnds earrled forwArd
12
48,173
5,000
53,173 65,319
All income and expenditur¢ derived from continuing aclivities.
The notes oll pages 7 to 14 form an integral part of tbese financial statement&
Pag¢ 5

r of Life
Dumfries
Balance 5h¢et
2023
2022
Iyotes
Flx¢d asse1*
Tangible assets
165,205
166.883
CurreTht assets
Stocks
Cash at bank and in hand
12,000
27.504
12.000
51,368
39,504
63,368
Credltors: lmounts falllng
wlthln om* y•Ar
io
(60,141)
(32,355)
Net ¢urrent (li8JbilitiuV*$y¢t$
(20,637)
10.813
Totsl assets less current liabilities
144.568
177.696
Credltors: •thount8 fAllln8 du¢
after more th*n one year
(91,395)
(112.177)
Net Issets
53,173
65,319
Th¢ fund$ of th¢ tharlty:
Rcs¢ri¢t¢d funds
Unrestricted funds
12
12
5,000
48.173
65,J19
Tot*1 ehthrlty fund#
53.173
65,319
These accounts were approved by the tru$tec5 on 23rd April 2026, and are signed on their behalf by..
N.L£JL
Mark Smith
Ch*ir
Tbe Do¢es on pages 7 to 14 form an iDtegr41 pgrt of these financiAI statemen
Page 6

be River
Notes to the financlal statemellls
A¢¢ouotlnE poll¢l¢$
Geller*l Informatlon basig of pr¢p•ratloTr
The River of Life (Dumfries) IS A Charity, registercd in Scotland. Th¢ address of th¢ r¢8islcrod offi¢¢ along with
the nature of the charity's tsperathons ond principle activities are given in the trustees, report.
The financial statements are prepared under the hi$tori¢al cost ¢onv¢ntion and in accordance with A￿OUntIng
and Reportin8 by Charities.. Statement of R¢¢omm¢nded Practice applicable to ¢haritie3 preparing their a￿ounts
in aetordanee with the Financial Reportin8 Siandard applicable in the United Kingdom and Republic of Ireland
Ireland is5ucd in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republie
ot Ireland {FRS 102), the Chariti¢s and fru$¢¢¢$ Inve&tmcnt (Sco¢land) A¢¢ 2005, and th¢ Charities A￿O￿nts
(S¢otland) R¢8ulations 2006 (as amended).
The charity meets the definition of a public b•nefit entity under I".RS 102. The financial siatemenis fir¢ presented
in 5t¢rling whi¢h is the functional currency of tho charity and &mourhts rounded to the neDres1 £.
The Trust¢s ¢onsid¢r that there are no rn4t¢rio1 unc¢rtainties about the Charity$ ability to ¢ontinu¢ 45 4 80ing
concern. Hence the financial ststements are prepared on a 80in8 concern basis.
The charity has applied Update Bulletin l as published on 2nd February 2016 and does not include a cosh flow
#¢¢m¢rtl on the grounds that it 1$ applyin8 FRS102 Section IA.
Fund #ceountln¥
General fjjnds are unTe5trlcted fund5 which are available for use ai the discretion of the trusie¢s in furtherance of
the ueneral obj¢ctives of the charity and which have not boen designaled for other purposes.
Rcstricted funds arc funds which are to be used in Accordance with 8pe¢ific restrictions imposed by donors or
whi¢h have been raised by the charity for particular purposes. 'fhe cost of raising and administcring such fund$
are chY4rged #gain$t the specific fund. The aim and use of coch restricted fund is yet out in thc notes to the
rinoncial statements.
lTrcome recognltlon
All income is included in the Statement of financial Activities when the charity is legally cntitlcd to the income
after any perforniance conditions havc bc¢n met. the amount can be Me￿ured reliably and it i5 probable that the
in¢om¢ will be Tec¢iv¢d.
EXpendIt￿re recognltlfjn
All expendilure is a¢wunted for on an a¢¢n￿lS basis and has been clas5ificd under headings ihat a8gregate all
costs related io the category. Liabilities are recognised as soon as therc is a legal or constructive obligation. it is
probable that settlernent will be required and the amount of the obligation can be measur¢d reliably. The charity
feels that there is only one ￿tIvIty and as such supports ￿$tS have not been separately identified as they have
been treatcd as being wholly for the fuifilment of tlLC primary activity. Governance costs include the cost of
preparation and examination of the statutory accounts, the cost of trustee5' meetin85 and the cost of any legal
advice to trust¢es on governance or constitutional matters. AS with support cost5, the gov¢rnan¢e costs ar¢
treated as bein8 wholly for the primary activity.
Page 7

The River of Life
Dumfrles
Notes to the finaDeial statements
Oth
- coniinued
Tangibl¢ fixed a$y¢ts and d¢pr¢¢iAtio
T&n8ible fixed assets Are sthted at ¢ost (or deemed ¢ost) or valuation l¢ss a¢¢umul8t¢d d¢pr¢ciation and
accurnulated impaimieni 108sc9. Cost includes costs directly altributable to making the asset capabl¢ of operiting
intended.
Depreciation is provided at rates cdculat¢d to writ¢ off the ￿5t less residual value of ¢4ch a5S¢t over it5 expe¢ted
useful life, &$ follows..
Land oThJ buildings
Fixtures, fittings
and equipment
Website
Not depreciated
25% straight lint
IOO/• Straight linc
P¢n$loTr$
The pensiort costs charged in the financial ststements represent the contribution payabk by the chvlrity during tho
year.
The regulHr cost of providing retiiemenl p¢n$ions and r¢lat¢d b¢n¢fits 1$ charged to Ih¢ PTtsfii and los$ a¢¢ounl
over the employccs, service lives on the basis of a constanl percentage of earnin8S.
Stoek
Stocks Are stated ai the lower of cosi and ¢stimat¢d selling price less c4)sts to complete and sell. Cost includ¢5 All
costs of purchase, costs of convcrsion and other costs incurred in brin8in8 Stock to ils present locAtion and
ondition. Provision is rn4d¢ for damaged, ob501ete and slow-moving stock where appropriate.
TAx*tlo
The ¢harity is not liable to corporation tsx on its primary charitable activities.
Incombt from don*ti0118 and le8atle$
2023
Unr¢Jlrlct¢d R¢$trl¢ted Tol¥l
rundi
rund$
2022
Tot41
fund8
Gifts received
112,738
112,738
85,735
112,738
112,738
85,735
All of th¢ income r¢¢eived from donations and legacies in 2022 was unrestricted.
Page 8

The River of Life
Dumfries
the finan¢iAI ststements
continued
Income from charltabl¢ activlties
2023
Total
ds
2022
Tol81
fundg
Unrestrlcted Restricted
funds
funds
Grants received
Giants received
5.000
5.000
500
Tot81 Incoming rewurtej from ehiritable *¢livili
5.000
5,000
500
All of the income received from charitable activities in 2022 was unrestricted.
Income from other ¢radlnK *¢tlvltl•8
2023
Tot41
fundi
2022
Total
fundj
Unrestrleted Reslrlcted
rund5
funds
Cofftt shop sales
Grant5 re¢eiv¢d
Government ¥rants recciv
226.453
226.453
125.129
3,900
226.453
226,453
131,180
All of the incom¢ received from other tradin8 a¢tiviiie$ in 2022 was unre51ricted.
Page 9

Notes to the financial statemeDts
or the
r ended 3
tb
r20
orttinued
Expenditure on ¢h4rit*ble *ctivitie
2023
2022
Total
funds
Unre8trlcted Restrlcted Total
fund*
fund$
funds
Wages and Sa]￿leS
Pastors. f¢¢s and ¢xp¢ns¢5
Employer's Nl contributions
Siaff pension costs
Renl and rates
Insurance
Li8hi and heat
Rephiri and maintenortc¢
Printing. stationery and adverthsing
Advertisin8 and promotion
Telephone
Comput¢r Costs
TTavel and subsi$lence
Bank irttcrest and char¥es
Evangelism ond special events
Volunteer expenscs
General expenses
Gifts and donalions
Depreciation
Loan interest
58,180
24.397
2,858
1,332
245
240
2,809
3,045
110
58,180
24.397
2,858
1.3J2
245
240
2.809
3,045
110
46,348
29,374
469
1,097
4.604
1,302
7,103
2,102
270
837
7,349
1,847
528
59
564
1.495
202
1.918
4.960
837
7,349
1,847
S28
59
941
1,575
1,931
1,081
2.794
54
823
2,101
4.303
1.495
202
1.918
4.960
113.286
113,286
108,279
Governance costs
Legal and professional fees
Endependent Examinerfs Fees
1,720
2.404
1,720
2.404
3,274
2.350
4,124
4,124
5,624
117,410
117,410
113,903
All of th¢ expenditure on charitable activities in 2022 was unrestricted.
Page 10

he River of Life
umfries
Notes to the financial statements
30t
. continued
AnalyJia of elpenditure on other trading &etivities
2023
Total
funds
2022
Total
funds
Unr¢strtcted R¢$tricted
fynd$
funds
Cost of ¢off¢¢ shop $to¢k
Op¢rting sto¢k
Purch&ses- coffee shop
Closing ￿0¢k
12,000
93,500
112,000)
12,000
93.500
(12,000)
86.652
(12,000)
93,500
93.500
74,652
Other coff¢¢ shop
Coffee shop- wa8es and salarie$
Coffee shop - staff pension costs
Coffee shop . staff trainin8
Coffe¢ 5hop- reni & rates
Coffee shop- insurance
Coffe¢ 5hop- light 8nd heal
Coffee shop- r¢pair5 and maintenance
Coffce 5hop- Printing, $tation¢ry and advertisin
Coffee $hop- advertising and promotlon
Coffee 5hop- t¢l¢phon¢
Coffee shop- computer costs
Coffee shop- travel and subsistence
Coffee shop- bank charges
Coffee shop- volurtteer expenses
Coffee shop- Beneral expenses
117,300
117,300
90,930
30
38
7,827
2,953
9,260
4,569
38
7.827
2,953
9,260
4.569
311
223
406
120
29
1,504
77
810
1,420
1,057
2.916
223
406
120
29
1,504
77
810
1,158
712
145,427
145,427
99,414
Total coffee shop expen8es
238.927
238,927
174,066
All of the expenditure on other trading activitlC5 in 2022 w#s unrestricted.
Pagell

mfri
Noles to the financial statements
30t
te
- Continued
Staff eosts
Number of employees
The averdge monthly numbers of employees
durih¥ the year were..
2023
Number
2022
Number
chU￿h
Coff¢e shop
15
13
19
Employment ¢oJts
202J
21122
Wages and salaries
Social security cosly
Pension costs
175,480
2.858
1.332
137,278
469
1.147
179,670
138,894
Ther¢ wore no employe¢s who re¢¢ived total employee benefits (excluding employer pension ¢os¢s) of more than
£60.000.
The Pastor and his wife, both trustees, received fees and expenses totallin8 £24,397 for the year (2022.. £29,374),
this amount is nol included within wages and 58lari¢3. No othor ¢ru8l¢¢s re¢¢iv¢d r¢munoration for ih¢ir 5¢rvi¢e$,
or were reimbursed for expenges during the year.
PensloTr eogts
The charity opeTates a defined contribution pension scheme in respect of the employees. The scheme and i
&55ets are held by independent manasers. The pension charge represents contrlbutions due from the eharity and
amounted to £1,33212022 - £1,147).
Page 12

The River of Life
Dllmfries
N tes to the financial
emen
. continued
Land #nd
bulldlng$ nttlngg
freehold
equipment
Fixtiire5,
TAnglble flxed Assets
Total
Cost
Ai Isi October 2022
Additions
166,238
7,203
240
173,441
240
At 30th September 2023
166,238
7,443
173.681
Dtpreciwtion
At 1st Oc¢ober 2022
Chjrge for the year
1.200
300
5,358
1,618
6,558
1,918
At 30th Septcmber 2023
1.500
6,976
8,476
Net book values
At 30ih September 2023
At 30ih Soptember 2022
164,738
467
165,205
165,038
1.843
166,883
io.
Credltorg.. amounts fAIIIrt8 due
ithin one ye#r
Trade creditors
Other toxe$ and wcial security costs
Other ereditor$
Accrnals
Bank of S¢otland Bounce Back Loan
Gothen Trust Loan
2023
2022
14,083
13,221
2,051
2,640
7,000
13,555
19,885
923
2,640
7,000
13,982
60.141
52.555
Creditory: •moynts falling due
#fter more Ihgn on¢ year
2023
2022
Bank of Scotland Bounce Back Loan
Sp¢ddo¢h Loan
Gosh¢n Loan
12,833
10,000
68,562
19,833
10,000
82,544
91,395
112.377
Page 13

f Life
umfries
Notes to the finAn¢ial statements
continued
St*tem¢nt of funds
B#l*nct at
Expenditure 30th September 2023
1st (ktober 2022
lrttome
Restrtcted fvnd$:
Hubbub Foundation
5,000
5,000
5.000
5,000
Unreytricted funds:
Unrestricied general funds
65.319
339,191
(356.337)
48,173
65,319
339.191
(356.337)
48,173
To¢•1
65,319
344,191
1356.337)
53,173
The unrestricted 8enerY41 fvnds represent ¢he free fund$ of th¢ ¢harity which ar¢ not d¢$i8noted for partheu10r purp()5e8.
In the year 4 £5.000 8rgnt was r¢¢eived from Hubbub Foundation ftsr the use of the food project.
13.
AAalyJls of net iM¢t$ In fund$
Tan8lbl¢
fiJ¢d a￿ets
Other
n¢t •u¢ts
Total
Restricted funds
Unr¢stri¢l¢d fjjnds
5,000
1117,032)
5,000
48,173
165,205
Total funds
165.205
(112,032)
53,173
14.
RelAted party transa¢don$
During ihe year. a total of £24,397 was paid to Mark Smith, a trustee. in rttpect of hi5 fee5 as Pastor and Qxpenses
for himself and his wife. Helen Smith, also a Irust¢¢ {2022.. £29.374>.
DurinB the year a total of £9,876 {2022.. £8,300) was donated to the charity by th¢ tTUStees.
Pgge 14