S¢oiiish Charity No. ,fC050135 Dennlstoun Baptist Church SCIO Financial Statements Year Ended 31 December 2024
DennistOUD Baptist Church SCIO Content5 of the Financial Stalementsfoi. IheJEai' ended 31 December 2024 Page ChLbrcl) Details and Professional Advisors Report of the Trustees Repon of ihe Ind¢pendeni F.xaminer to ihe T1¢¢$ Receipts and Payments Account Statement of Balances Noie5 to ihe Financial Siatements
Dennistoun BAptist Church SCIO Church DetaS15 and Profe55ion81 Advlsers Core Leaders BAnk¢ts Ro)al Bank of Scotland Glassow Parkhead Branch. 1304 Duke Street GLASGOW G31 SP7. Ctharlty nts. SCOS0135 lthdependent Ei*mlners Azeig Accountants Titanium l. King's Inch 71ace, Renfrew. Glasgow. PA3 8WF Soli¢itors Diakoneo Legal Services 48 Speirs Wharf Glasgow G4 9TH
Dennistoun Baptist Church SCIO Report of the Trustees foi. Ihe Yeai. Ended 31 Decembei. 2024 The Trusiees are pleased 10 preseni their repon togeiher wilh th¢ finarcial staiements of ihe church foi lh¢ y¢ar ended 31 Deceniber 2024. The financiol staiemenis have been prepared in a¢¢ordan¢¢ with A¢counling and Reporting bv Charities.. Siotemenl of RecoTnmended Praciice 2015 a?pliLable iu charities preparing iheir accoLSnts under F RS102. 1he Charities and Trustee Investment (Scotlandl Act 2005 and the Charilies Account5 IS¢oilandl Regulations 2006 {as ani¢nded). Structure. Governance and Management On O Maj. 2020 Dennisioun Baplisi Church SCIO a$ registered wi',h Ih¢ OtTice of the Scottish Charity Reg)ulalor uiider Charity number SCO50135. A separate charity regislratioii w'as also held under charit). iiumber SCO13423 for the unincorporaied chariiy. Dennisioun Bapiisi church.li has a singi1¢ li¢r stru¢ture and swh ttr Trustees are the members of the charil),. Trustees 9nd Olee Bearers The church is Congregational in policy and ils day-lda5. running is undertaken by the Office Bearers lthe Trusieesl ai)d ihe Core Team. The Core Tcam compri8es F.Ider% and Mii)istry Leaders. The Office Bearers who serv¢d during the ycar and io the dale of ihis report 'ere as tollo9..- Appointment of Trustees New'l rustees are nominaied for appointment by ihe existing"I rustees. "I"here is no fixed terni for "I rusteeship. Prior lo their appointn)eni. neiv I"rustees would have served ihe church for some iinie in various roles and would be familiar with the church's values. its ainis and objeciive5 as wcll a5 Its dail> operation5. As part of Iheir induction programme. new Trusiees are required io undersiand their staiuiory responsibiliiies.
Dennistoun Baptist Church SCIO Report of the Trustees /oi- IIIL, li'ui- Eilded 51 Deceinbei- 2024 Objeetii'es gnd Activities Aims and Affiliations The aims of the church are in line with lis Vision- "We are a Word centred. prayer fuelled. Spirit filled people Ii'bo wholeheartedly love God. People. the Gospel. the Word, tbe Church, the Mi55ion and the Future" The church is affiliated to (he Bapiisi Union of Scoiland. The church serves the area of Dennisloun and beyond, specifically Ihe East End of Glasgom,. Sunday service5 are held weekly. our Prayer times are online. Monday io Friday. w'e have Missional Communities (SLnJll6r groups who meet iogeiher iii homes) throughoui ihe week and once a monih we have a Wednesday Worship and Prayer Night. The Leaders of the church meet together on a weekly basi5. Aebievements and Performance As a church we are greaily encouraged as we continue to see clear evidence of growth, provision. and direction. Whilsi we recently fTrnished our ESOL minisiry.. {ieaching English as a second or other language). we Ère encouraged at various other opportunities to connect with our community. Our fooiball ministry for young niei) in the local area has recenily doubled in size. We have also used our Easier season to hand out over 400 easter eggs to people in our local park. This opened Ihe door for some reall). fruitful ¢onversaiions about h0 we are as a ¢hurch, and i¥h3r li is ihat we do. Our m.ork with th¢ Riddrie building project continues to move forward and we have recently seen th¢ installation of a new roof in ihe building, In¢ai)ing ihai ihe spa¢e is l OOO/o watertigh¢ and ready for further internal refurbishment. This year has also seen th¢ beginning of a new youth ministry, whi¢h began in February after a team from Boslon came over to 5UPPQrt the work of the church. We have also seen a number of opportunifl¢S to support and help those who are feeling isolated or who are asking big questions about life and fai¢h. We are thankful to report ihat our membership has incr¢as¢d this pasi year. We are noiv in the process of making preparaiions for One Church, Two CongTegations, .7¢h1n the lif¢ of D¢nnistoun Baptist Church. Financial R,]eW Prineipal sources of funding The church receives ils funding from church mellibers and gift aid. Results for the year The financial siaiemenis for the year are set oui on pages 6 to 8. The Receipts and Payments Account on page 6 refl¢¢is a defi¢ii for ihe l'ear of £1 0.200 {2023 - £7.806 deficit) of which a deficii of £8,399 {2023 deficit £8.715) relai¢% ¢0 ihe unresrricted funds, a deficit of £1.80] {2023 - £909 SUTplus} relates to the Riddrie Property Fund and CAP Fund, Iniern Flat. Pasioral Care and Tiny Tois Fund. as d¢iailed on page 7. Property Title to the original church propcrty had previousl J. been held b), Ihe Bapiisi Union of Scotland and then conveyed to the unincorporated chaTity. Thi5 and has been subsequ¢ntly transferr¢d ¢0 the SCIO.
Dennistoun Baplist Church SCIO Report of the Trustees foi" Ihe Yeai. Ended 31 Decembgi" 2024 Reserves The level of reserves held is shown in the Statenienr of Balances on page 7. ststement Risk The frusiees continually review and assess th¢ major strategic. opeTaiional and financial risks to which ihe Church is exposed. Fron this revie¥¥ the .1 ruslees conlinue to update and establish procedures to mitigaie those risks which are identified as a result of. this review. Main risks ihai hai'e been idefflified li) Ihis revieiv are dire¢litsn and forward planning ol Ihe Church, control of C"huTch as5elS. personnel, firbancial controlg and faiih-bus¢d charity. Ststtmeni of Trusiees, Responsibilities The Trustees are responsiblc for preparing the Trusiees. report and financial siaiemenis in accordance wilh applicable law and Uniied Kingdom Accouniing Standards {United Kin5dom Generall). Acr¢p¢¢d A¢rouniing Praciicel. Trusiees are required by The law appli¢3ble io ¢haTilies in Sco(land io prepare financial stateTnellts for each financial )'car which givc a Iruc and fair view of ihe Charity's siaie of affairs and tis incoiiiing resources and applicalion of resources for that p¢riod. In prcparing tho5¢ finallrial 3ta¢ctncnt5, Ihe Trustees ai¢ Icquir¢d io.. Select 5Ultable accounting policies and apply ihem oon5islently: 0[v¥ ih¢ tnvihuds and principlc5 in the Charitits SORP,. M£iKr JudrI11r]IlJ asid ¢sliiiialrJ tlial ute teotsoiiabl¢ aijd VEud¢iit, State whether applicable accounting standards have been folloed. subjcct lo any matcrial dcpartures disclosed and explaiiied ili the financial 5tatenienis; Pr¢par¢ Ih¢ financi81 stalemcnts on a 80in8 concern basis unless it is irtappropriate to presume ihai the Charity %¥ill continu¢ in operation. The Trustees are responsibl¢ for kecping propir a¢eounting records thai disclose with rca50nable accuracy at any time the financial position of the Charity and enable them to ensure ihat the financial statements comply with the Charilics and Trustee Invesiment (Scoilandl A¢t 2005. the Charities Aecounts {Scotland) Regulations 2006 (os atncndcdi. Thc>' arc responsible for safeguarding the ass¢ts of the Charit) and hence for taking ronable Steps for Ihe preTreniion and detection of fraud and 01her irregularities. .d by the irusiees on 30 Sepiember 2025 and sigTred on their behalf by..
Dennisloun Ba tist Church SCIO IndepÉndeni Examiner's Report lo ihe Truslee.% ofDennisfoun Baplisi C-hurch SCIO I report on it¢ accounts of the chariiy for ihe year ended 311)ecen)ber 9024 which are sei oui on pages 6 10 8. Respeeiive responsibiliii¢s of Trustees and Examiner The charity's trustee5 are responsible for the preparaiion of Ihe accoutxs in accordance w'ith ihe lerms of the ChaTiiies and TNsTee Investmenl {Scoiland) Aci 2005 and the Chariiies Accounis {Scoiland} Regulations 2006. The charity Iru5tees ctsnsider Il)at (he audil requiremeni of Regulation l Oil I Id) of ihe Ac¢ounis Regulations does noi apply. li is niy responsibiliiy lo exainine Ihe accounis as required under section 44{1 l (c) of Ihe Aei and 10 stale wherher particular maiters have conie io Iny all¢nTion. Basi5 of Independent Examiner's Statemen¢ My examinaiiun is carried uui in acLordance with Regulation I l of Ilic Charities Acwunts {Scoiland) R¢¥uldliuns 2006. An exaniinaiioii includeb a reIeW of ilie accoui)iiiig recurdi kepi by Il)e Lhdrilj. dnd a ornpaii50tL of ihe accounts presented ivith those re¢oTds. li a150 Includes consideration of any unusual it¢tns or disclosures in lh¢ accounts and s¢¢ks ¢xplanations from the trust¢s ¢on¢crning any such matters. Th¢ proccdures und¢rtakeii do i]ot provid¢ all Il)¢ ¢vid¢nc¢ tliat would bc required in an audit and Gonsequently I do not express an audit opinion on th¢ vicw giv¢n by thc accounts. Indtptndent Examiner's Statement In the course of my examination, no matter has come ro my &ttcntion vhich gives me reasonable Cause to believe thai in any material respeci the requirement5.'- lo keep accounting records in accordance with Section 4411) {a) of the 2005 Act and R¢sulotion 4 of the 2006 AccouELl3 Rcsulations, dnd to prepare a¢counis which accord with ihe a¢¢ountlll8 rccords and Comply with Regulalion 9 of ihe 2006 Accounts regulations hav¢ not bcen met. or lo M'hich, in my opinion. attention should be drawn in order to enable a proper understanding of Ihe accounis ¢0 be reached. Azets Accountants Titanium I King's Inch Place Renfre Glasgow PA4 8WF Date.. 30 September 20.5
Dennistoun Baptist Church SCIO Rteeipts and Payments Account for the year ended 31 December 2024 Vnr•$irfcied Restrlcted Fund5 2024 2023 Funds Intern FLIt PaslDiaicarE TlThyTols Total Totsi R•celpt# Offerings Gth AK1 Giving Reb8iesand Aelunds 8.514 .514 36,706 19.338 36,7r 19.338 33,931 56,178 24.000 Gffts. Grants 8uisaivds 12,336 61.622 215 12.336 61,622 215 20.301 287 OthÈilncome 6.822 5.42$ Loan Fund 7.555 1.438 Pa510ralCare 120 120 150 Totalre¢elpt$ 138,731 7.555 1,441 154.676 iS6.842 Payments 27.263 27.263 23,725 Missionsand Commurnhywoikei PensioTr 10.779 10.779 2,858 9,B85 2.313 56 2.858 Minister's HOUSI 7,870 7,870 6.120 Adminc05tS 2.4 1.486 1.516 3.898 1,086 is3 2,422 3.456 Insurantes J.466 Heat & L*hl Oonalions 1,$16 3.898 5.200 2.142 563 OTher8uildingExpenses Sunoty Expenses Feiiowship and CateriTr8COSts 1.086 153 8.OIB 8.018 6.333 950 5.722 6.672 2,190 76.180 8.250 S.57S IndependentExaminaiion AlddTle Buildingwoiks 2.1 1.830 76.180 77.970 8.250 8.250 1.750 1.750 1.750 363 TinyToisFund 473 473 77 1.551 1,280 CAP Payments loialp8ymenis 147.130 10,000 1.551 5.722 473 164.876 164,S48 Excessolpaymentyover re¢elpts iioJooi 17M61 Totsitu$ broughtlorward 17.386 5.942 158 150 473 24.109 31.915 Tot•llundscarrSedforwar &907 24.1(
Dennistoun Baptist Church SCIO Statement of Balances as at 31 Deeember 2024 2024 2023 Cash at bank and in hand Balance a1 1 January 204 24.109 31,915 Excess of payments oveT receipls (10.2001 (7.806) Balance al 31 December 2024 13.909 24,109 2024 Toll 2023 Total Fund balan¢es UnrestTlCted Restricted Balance al l January 2024 Receip15 Paymenis Balance al 31 Decei))ber 2U24 17,386 138.731 1147,130) 8,987 6.723 15.945 117.746) 4,922 24.109 154.676 164.8761 13,9119 31.915 156.842 1164.048} 24,109 2024 2023 Statement of a$se¢$ at 31 Decembor 2024 Pruperty 140.478 140,478 2024 2023 St*lemenl of liabilities At 31 Deeember 2024 Loan Nfy¢e4 Opening balance 85,562 93.812 paytn¢n¢5 {8.2501 (8,250) 77,J12 The financial staten)ents on pages 6 10 8 were approved by the Tnis1ees on 30 September 202.$ and signed on their behalf b>.:
Dennistoun Ba tist Church SCIO Receipts and Pa)'ments Account for the year ended 31 December 2024 Attounting Policie5 The principal accounting policies adopled, judgements and key sources of esiimaiion uncertainty in the preparation of th¢ financial statements are gs follows.. Bgsis of preparition These accounts have been prcpared on a Receipts & Payments basis in a¢¢ordartce with the Charities & Tnjstee Investm¢ni (OI18nd) Aci 2005 and the Charities Accounts ISwtlaThdi Regulations 20061&s amended). The presenthtion currency of the financial siaiements is Fx)und sterling {£1. Th¢ Tn]stees con5id¢r that there art no materi81 uncertaynties about the Chur¢h's ability to continuc as a goin8 concern. Stiternent of Finan¢ial Attiviti¢s FOT the PUTpts$e of the Re¢¢ipi$ and Paymenis A¢¢ount as Shown on page 6. funds are defjned as follows.. - Unrestrieted funds comprise gifts and other income received for the objects of the church withow further sp¢¢ifi¢d purpose and are available as general fund5. Restrict fijnds comprise gifts and other incon)¢ r¢eeived for spcnding on Specifi purpos¢s as laid down by the donor. The Rrslricted Fund is for the PLJrthast and upk¢¢p of the Riddrie property. Comparative Rt¢¢ipt$ #Dd Paymtnt$ A¢¢ount Unrestricted Restritt¢d Fund5 2023 Toial Receipt5 Donations 144.576 12.266 156,842 Total receipts 144,576 12.266 156,842 Pym¢nt$ Paym¢nts directly relating to Chariiable Activities 153.291 11,357 164.648 Total payrnents 153.291 1.357 164,648 Extu$ of payments over receipts (7,806) Property Tille to ihe original church property had previously been held by the Baptist UnÈon of Scotland and then ¢onveycd 10 the unincoTporated charity. This and has been subsequently tra¢¥sferr¢d io the SCIO. The property M'as professionally valued by David Allison & Company Chartered Serveyors in January 2017 ai between £50.000 and £IOO.O¢IO. and is noi Currently ineorporated inlo the accounts. In 2021 the ¢hur¢h pur¢hsed the propetry ai 1014 and 1014A Cumbemauld Rd, Riddrie. Glasgow G33 2QR. This wa5 financed thTough donations r¢ceiv¢d and a loan from The Baptisi Union of S¢oiland, and is included in the accounts at cost. Lo#n$ The church bOOWed £IOO.000 frnm The Baptist Union of Scotland in 2021 to help fund the purchase of ihe Riddrie Property. The loan is repayabl¢ ov¢r I l years and commen¢ed on 28 April 2022, and is se¢ured by a standard security on ihe property * 1014 and 1014A Cumbernauld Rd. Riddri¢. Glasgow G33 2QR.