Seott15h charity number: SC050038 Fglkirk Baptist Church SCIO Trustees, report and reeeipts and payments a¢count for the year ended 31 D¢¢ember 2024 Falkirk Baptist Church SCIO Contenls Page Legal and administraiive infom)aiion Trustees, report Independent examin¢r5' r¢port R¢¢eipts and paiqnents account Statement ofbalances Notes to the financial ststements 9-12 Falkirk Baptist Chureh SCIO Legal and administrative information Seottish eharity number SC050038 Rr¥i>lrr¢d vffii ralkirk tjaptist Chur¢h Orchard 5(reet 'alkirk FKI IRF SCIO Trustees & Leaders Principal 0￿Iee-bearers Church s¢nI￿ Pastor Church Treasurer Assisiani Pastor i eeting Ihair Church Secrdary Independent examiner Barrie Scott & Co. 16-18 Weir Street ralkiTk FKI IRA Bankers Virgin Money l Bank Street Falkirk FKI INB Solicitors Diakoneo Legal Servi¢es Ltd 48 SpeiTS Wharf Glasgow G4 9TH Pgge I Falkirk Baptist Church SCIO Report of the trustees for the year endcd 311)ectmher 2n24 The rrustees present their report and the financial statements for th¢ year ended 31 Dc¢¢mb¢r 2024. The trust¢¢s who gerved during the year and up to the date of this report are set out on page l. Stvucturey gov¢rnanfe aiid iiiaii#¥¥iiELlIt Siuiuts ofchoriry, Govei'k31Ag Docwmeni akld Affiliaiio Falkirk Baptist Church SLIU is established by Lonstilution. It is registered as a charity with th¢ Office of the Scottish Charity Regulaior IOSCK) aiid is recognised as a charity tor the PUTpose of Section 505 Income & Lorporation Taxes Aci 1988. Thc church is affiliaied to lh¢ t3aptist Union of scotl￿)d. andAppoiMIme￿l of Office-Beaiers oiher rnembers ofLÉadership ream The rnernbers take major decisions at the annual 2eneral meètinq. The day-to-day operating of the ¢hureh is undertaken by rhe Leaders of the Church. In linc with the Constitution. Lcadcrs may bc appointed at an), Gencral Church Meeting convened for the purpose and Leaders will be a Trustee of the Church. Orga￿1￿0140￿al Siriiclur The ¢hur¢h is congregational sn government. Current membership sits at 114 TneTnbeTS. ObJectlves and #ctlvitieb The Church's objects arc the advan¢¢meni of the Christian faiih primarily in Fvery or oiher social needs. The aim5 of¢he church are in linc with our vision st&tem¢nt- Follow'ing Jesus, Being Family. Community Reaching." Aehievements 2ncl porfornig¥ nce 2024 storted with our Youth With a Mission {YWAMI Mission partner. preaching the first Sunday in January. The Church mdd< use of its liv¢ streaining equipinent to broad¢asl our morning scrvices in real tim¢_ They then Able co be vi¢w¢d at a latei d(Ile on YouTube. Our Sunday momills youth work has continued and thcy spend around one l)our a piugramm¢ of Bible bas¢d youth activiiies in a nearby hot¢1 and then rejoin ihe ¢nd of the morning service in the Church. ias ¢ontinued and d¢v¢loped his work wiihin ihe BainsfDrd and Langl¢Bs area. Mission dnd Evdn¥¢lisin dTe atiribuies that are well developed withi nd th¢r¢ has been a g¢at response io his ￿Urk in (lie ar¢a. The Bainsford 14all work ha5 progressed over th¢ year and Hidd¢n Treasure Charit> sl]OP W&tb able to open from a shop within in the hall. Renew well1￿1ng continues ro mecr in the Bainsfurd Flal and IcL¥ivcd a 8raiit from cvs falkirk & Disthci early in ihe ye2r. Another n¢w minlsiry call¢d Mdinly Play l)a¥ iii tlie Elaiiisford Ilall and mccts rcgularly, additional funding for this from Chariii¢s Trust lids b¥rti tiivhl welcoiiic. The Church contributed ££00 to Christmas food parcels In the Bainsrord and Ldngl¢¢s arga Ihis yedl" agaiii. Th¢ Trustecs a150 cnablcd somc grnnts 2nd louns to be made to bo(h church TneTnbeTS and non-cliuich rnernbers duriiig 2024. Thcsc weTC made in support of individuals ITI the relief of pov¢rty and social n¢cds. FBC ¢(H]tinue5 to pariicipate in the ongoing coll¢¢tiL>n boKcs for Bapist Missionary socie￿ (BMS) scheme and BMS 'bii"Ilidoy silieiiie".IVitl)in th¢ church a D CAff group nicets providing support for those with memory loss and relativ&8 aiid caT¢rs. A Blether5 group also mccts on a Thursday and a change in leadership has allowed oiir Telired members friei)ds 10 m¢ct on ¢hc fjrst Monday of the month. P#g¢ 2 Falkirk BaptlSt Church SCIO Roport of the trustees for the year ended 31 Dccernher 2Q24 and four of our youth atranged a mission trip to Albania durin8 th¢ Easier holiday5, wilh contri iIIIOlls bcilig m£2d¢ bv iiieinLwrs and friends of FBC. li was a great $UCC¢55 and the fouT young people enjoy¥d spcaking at tlie n)¢etiiigs tITrA￿nd his mission parther in Albania had arran8cd. DuJ"ing the suinmer the LliurLh Ineinbers Contributed to s¢nd our Pastor. o India wher¢ he met with one of our Inission panner pent some iiTne with Rajan iravelling in India and witnessing the valuable work he does in proTnoiiJig Clii'iNlldllll) 11 Iihin som¢ of Ihe mosi disadvant￿O¢d groups in the country. H- th¢n mov¢d on to C￿n￿did and cotnpleted a teaching appoinimeni there before his Teium 10 Scoiland. Wc also h¢ld a ChuiElI Coiif¢r¢nc¢ tliis yrar. Thib wa5 held on a Sunday, Ihe morning service M'as modified, lun¢h was held on sitc and thcn business coiitii)ued iiito tlie aftej'iiovti. 11 waJ d ￿r￿aL ¢li(IIIL¢ tu diSLUSS the w(xk uf lh¢ ihurlh and g¢1 opinions on future direction. The Ch￿h vi%ion has rernained the same. The Tnjstees are convinced that the Chureh has shown areas of growth and that we are required tn act upnn that and move aq the l.ord l￿d.1. Use of the church halls has b¢en very ¢n¢ouraginB this vear, th¢ r¢fiLrbish¢d kii¢hen fa¢ili¢ies have helped in this beGomins a destination for many local sroups and associations. Financlal revlew 'I'he church receii'es funding from congregational giving mainly by paytnents into the Church bank account. "i"he Church continues to clairn through the (iift Aid scheme and through the liift Aid Snall L)onations Scheme, although Ihe smaller ainount ot ¢ash colle¢ied mean< its use been minirnal this year. INlembers and friends of the Chur¢h have been extremely generous In thcir givillg this yeai and the Church appreciaies ihis. cspccially wilh ihe increase in cosi of livin expenses during 2024. There i% no investment income. Incomc frotn donaiions was £199,23112023.. £179.092). Income froTn other trading activities amounted to £9,141 (2023: £nil). The Manse owned by thc Church ¢ontinues to be rcntcd out, oenerating £15.0(Y)12023.. £14,340). Expenditur¢ for th¢ year was £199,098 (202).. £2 16,019). Ai the year end. the Church held unrestricted geneTal fundg of £54,36? (2n21.. £26,117S), IinTtstrictei1 de8ignat¢d funds of £8,6?6 12023.. £6,4i6) and resiri¢ied fiinds of £15,d8S (2023.. £19,6%8). The total reserves at thc y¢41r end amounted to £78.473 {2025: 52.9991. Risk Man¢7gement The Ti'ust¢¢s hawe assessed the major risks 10 which thc Chur¢h is exposed. in parti¢ular those related io the opeTations and finwi¢¢s of the Church, and arc satisfied that systems arc ill place to mitigatc an). exposure to major risks. ResbYv&%poliLy It is the policy to maintain fvndg at a level thai equates to Ihree monihs unrestricted expenditure. fhis allows sufficient funds io enable the on-going work of Ehe Church to b¢ mainiained. P9ge 3 Falkirk Baptist Church SCIO Report of the trustees for the year ended 31 Deeemher 2n24 Plans for future periods The Chur¢h has moved another year iiito its five year aims and objectiv¢s. The Trnstee5 look forward to a year of developm¢nt with rcftard tts our tninistrie& gromth froin our work in Bainsford and Langlees and a continued use of our faciliiies within the ¢hurch building. Statf tnent of trnstees, responsibilities The trusiees are responsible for preparino financial stalemenis which give sufficient d¢tsil to enable an appreciation of th¢ transactions of the Church during the financial year. The tTUSlees aff r¢5PDnsible for preparing proper accouniingre¢ords which disclos¢ with rca50nable accuracy at any (imc the financial position of the charity and enable th¢m to ensure thai rhe financial statements ¢omply with the Charities and Trustee Investment IS¢otland) Act 2005 and the Charities Accounts (Scoilandl R¢gulations 2006. They ar¢ also reswinsible lor saf¢guarding the assets of th¢ ¢harity and hence taking re￿Onable steps for the pr¢%'eniion and deieciion of fraud and other irrcgularities. On bthoilf ofihc boarcl Tru4ti'e Date: 20 Mareh 202S Page 4 Falkirk Baptist Church SCIO Independent examiner's report to the trustees on the unaudited finaneial statements af Falkirk Baptist Church SCIO. I report on the accounts for the year ended 3 1 Deeembcr 2024 Set out on pagcs 2 to 12. Re$pe¢tive responsibilities of ¢rustee5 and illdepelldtnt exarniner The cliarily'b tiusl¢¢b dre responsiblc for the preparation ofthe accounts In a¢cordance with the terms of the Charitie9 aTJd Trustee lJivrblJiivJil (SLoilandl Aci 2005 {Ih¢ Aci) and th¢ Lhariiieg Aecount5 (Scotlandl Kegulations 20061&s amcnded}. Tht cliariigs Ii'ubl¢¥b Lunsid¢r ihai the audit requiremeni of R¢gulation l 01 l) (dl ol the Ac¢ounts Regulations does Rot apply. li is iny respvnsibility 10 Slaie, on the th2sis of my examinaiion as required under section 4411) (¢) of the Act, whether particular mati¢rs have cvme to my attention. Basis of Independent examiner's statement My exaTnination 18 carried oiil in accordance with Regulation I l of the Charities Accounts {Seotlartd) Regulations 2006 (as amended). An examination incliideg a review of the 3CCOUttting records kept by the charity and a cornparison of the accounts p￿sented wilh those records. It also includeg collsideTation of any unusual items or disclosures in the accouttts, and See￿ explanations froTn the trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not expTCq8 an audit opinion on whether the accoiint present a'ttue &nd fair yiew. Independent exarniner's stalenjent In the ¢ours¢ of my exaTnination, no Jnattcr has come to rny attention.. which giv¢ mc Tcasonabl¢ causc to belicvc Ihal in aTJy material respect Ihe requirernenls.. proper accounting records are kept in accordance with Section 4411) (a) of the 2005 Aci and Regulation 4 of the 2006 Accounts Re2ulations {as amended), and to prepare accounis ivhich accord with the accounting r¢¢ords alld comply with Regulation 9 of the 2006 Accounts Regulations (as amended) have not been met, or to which, in my opinion, attention ghould be drayryL in order ￿ enable a proper undejytanding of the accounts to be resched. Barrie Scoit & Co. 16-18 Weir Srreet ralkirk FKI IIL4 Date Page S Falkirk Baptist Church SCIO Receipts and payments account For the year ended 31 December 2024 Unrestricted Restricted funds fund$ 2024 Total 2023 Total Reeeipts Offerings and donations Tax recovered on Gift Aid Legacics Hiddcn Treasures Fundraising events Rental incom¢ Other in¢oming resour¢es 143.696 23.979 1.000 9.141 200 15.000 1.000 26.941 3,615 170,637 27,594 1,000 9,141 200 15,000 1,000 152,488 26.604 137 14,340 Tot41 Tcceipts 194,016 30,556 224,572 193.569 Payments Fundraising ¢osts'. Shop expenses Make and Cake expens¢s Monday@l costs Charitable aciivities.. Pulpit supply Wages & salary cosis Pension Ministers, expenses Manse rental Coun¢il t&¥ Ministries & Donations Heat & Light Broadband Repairs & maintenance Manse maintenance Insurante Scottish Bapiisi Fund Training costs Website and audio visual Pasioral payments Go Youth 'l'rust and costs Youth- JAM Mainly Ministries General expenses Governanc¢ ¢osts'. Independent examinees fees Loan repayments Prof¢ssional fces Purchase of fittings and equiptnent 6,441 6,441 487 133 50 47 47 70 38.979 3.249 2.920 17,400 2,999 25,447 11.725 383 2,545 2.268 4.769 4,788 70 62,979 3,693 2,920 23,400 2,999 40,211 11.725 383 2.545 2.268 4.769 4.788 70 65.022 3,137 2.749 20,400 2,924 32,288 10.084 332 37.320 5,237 4.540 4,788 1,068 2,248 2,600 3,000 2,339 24,000 444 6.000 14,764 1,901 6.200 250 3,011 1,901 6,200 250 994 994 5.095 5,095 3.842 1.500 1.500 6.667 1,824 6.667 300 2,570 6.667 4,242 4,242 Total payments 146,229 52,869 199,098 216,019 Page 6 Falkirk Baptist Church SCIO Receipts and payments account For the year ended 31 December 2024 Net in¢otningl(outgolng) resources before transfers 47.787 (22,313) 25,474 122,450} Transfer between fvnds 18,110 Net surplusl(deficit) for the year 29,677 (4,2031 25,474 122.450) PaEe 7 Falkirk Baptist Church SCIO Statement of balances as at 31 Deeember 2024 2024 2023 Notes Bank and Cash Opening Baiik and Cash Sui-plus1(deficii) for Ih¢ year Closing bank and cash 52,999 25,474 75,449 (22,450) 78,473 52,999 Funds Reftricred inc.ome fiindi Unrestii¢ted fund8 15,485 62,988 19,688 33,311 Total funds 78,473 52.999 Other assets and liahilitles Fixed as$¢t$ Propert) Fixiurcs and fittings Audits ViSUdl rquipiiiriit Cost NBV NBV 390,000 15.805 20,438 390.000 2,709 3,391 390,000 556 3,345 396.100 393,901 Debtor5 1.848 Credltors 3,286 4,286 c approved by thc trustccs on 20 March 9025 and signed on its bchalf by Page S Falkirk Baptist Church SCIO Notes to financial statements for the year ended 31 December 2024 B2sis of #ceounting The ac¢ounti arc pr¢pared on thc R¢reipts and Paytllents basis in accordance with ihe Charities and I"rusr¢¢ Investmenl (S¢otland) Act 2005 and th¢ Ctwrities A¢¢ouRlb (SGutland) Regulaiionb 2006 (as aillended). Trusiees, emoluments No Trusiees received an). reEnuneration for their role as a Trustee. During the year th¢ following expenses were paid on behalf of the Church Leader and Pastor.. 2Q24 17,40n 2.999 21b23 14,400 Manse rent Manse coun¢il tsx Mans¢ telephone Expenses and mileage 550 2,199 4,000 During the year the￿, a Trustee, weiv¢d £26.629 (2023.. £28:166) in $&lary and pension payments for his role as Church Leader and Pastor. During (he yea Administsa(or. the wife of <1 Ttusiee, received £nil (2023= £174) in salary for her role as Church During th¢ year Trustee. receiv¢d £24,000 12023.. £24,000) in salary For his role as Assistant Pastor, along with £6,L)OQ housing allowan¢¢ and wa5 f¢iTnbuTsed £617 tor exp¢nses. During the year a further 5 Trustees ivere reiThbuTs¢d £7.358 for expen5¢5 incurred on behalf of the church. Anal>'sis Df net assets behyeen funds Uthrestrlcted fwnds Reslrieted funds Total funds Fund balanccs at 31 D¢¢¢mb¢r 2024 as r¢pr¢sented by.. CU￿B￿t assets 62,988 15,485 78,473 62,988 15.485 78,473 Pag¢ 9 Falkirk Baptist Church SCIO Notes to financial statements for the year ended 31 December 2024 Unrestricted funds At Janu&ry Incoming Outgoing 2024 rt50urc¢s resources At 31 December 2024 Transfers General fund 26,875 Designaied Hidden Treasure Fund 6.436 L¢gac)' funds Pastoral support fund 181,886 10,130 1,000 1,000 1136,2891 (18,110) (6,940) 54,362 9,626 1,000 12,000) (3.0001 33,311 194.016 1146,2291 (18.110) 62,988 Purposes of unrestricted designated funds Hidden Treasure Fund This fund encgmpasses all income and ¢xpenditure relating tts op¢ration of a charity shop known as "Hidden Treasure" Lgga¢yfund Funds gifted to FBC for us¢ by ihe Church for any use as de¢id¢d by the Leadership. Pastoitil supporifund This fvnd represenis a pastordl loan provided by the Trustees. Page 10 Falkirk Baptist Church SCIO Notes to financial statements for the year ended 31 Deeember 2024 Restrieted funds At At l January Incorning Outgoing 2024 rcsources resourees 31 December 2024 Transfers Church Development Fund Barbara Connor Fund Overseas trips Lebyacies Mission Fund Foodbank Assistant Pastor Renew Wellbeing Bapiist Union loan Mainly Ministries 5.584 382 150 3,775 7,955 5.734 382 (3,7751 (8.285) 330 250 20 510 250 (20) 15101 {30,444) 12,174) 16,667) 994 745 12.664 2,622 745 17,780 164 12,778 612 2,645 1.651 19,688 30,556 (52.869) 18.110 15,485 PuTposes of restricted funds Church Developme￿1 Furtd This fund is specifically for the dev¢lopTn¢nt progrdmme of the Church. B¢7rbara con￿or This filnd represents monies given specifically for Barbara Connor. Overseos irip5 Thi5 fund represents funds given 5pecifitally io be used for the Albania and India trips. Legacies This fund repr¢s¢nts legacies received to be spent on youth and community work. Missi¢>n This ￿nd represents monies donared for specific Tlli5sion work. Foodbunk This ￿nd represents monies donated for the Falkirk Foodbank. Assislani Pasior This fund represenis monies donated SFecifically to fund the Assistant Pastor post. Renew Wellbeing Funding to Set up a Renew Wellbeing spa¢¢ for anyone in the comTnunity, to promote emotional and mental wellbeing. Bapli51 Union loa Being funds given to assist with manse upgrade works required. The loan is interest free and repayable over 36 months. Mainly Miijisrries Being funds held for ihc usc in FBC'S Mainly Plany and Mainly Music groups whi¢h provide community social engagcm¢niS and an inrroduciion to Je5US. P8ge 11 Falkirk Baptist Church SCIO Notes to financial statements for the year endtd 31 Deetmber 2024 Collections for Third Parties 2024 1.532 577 2023 BMS - Birthday Scheme BMS- Boxes BMS- Ilarv¢st Tear fund - Turkey 551 637 180 2,109 3,179 Page 12