K BAPTI MM NITY RT AND FINAN IAL TATEMENT AR DED IDE EMBER 2 24 REP Charity No: SC050340 PTI MM NIT Page Legal and Administrative Information Report of the Trustees Independent Examiners Report Receipts & Payments Account Statement of Balances Notes Forming Part of the Financial Statements 7-10 Page I PTI ADMINI MM NITY TIVE INFORMATI TR Trustees Principal Office Page 2 K BAPTI REPORT MM NITY F THE TRUSTEE The Trustees have pleasure in presenting their report for the year ended 31,December 2024. This report is prepared In accordance with the constitution, and the recommendations of the Statement of Recommended Practice Accothting and Reporting by charities and complies with applicable law. Recruitment - Appointment of Trustees The Trustees are appointed by a vote of members. This is normally reviewed bn a three yearly cycle with the exception of the appointment of Pastor which is govdrned by a separate process. One Deacon died during their term of service In 2023 Fee list of trustees). Governing Documents The church is a recognised charity governed by a Constitution which was a the members and the OSCR. roved by Charitable Purposes - Gourock Baptist Community Church The charitable purposes are: the advancement of religion, and in particular the Christian faith, primarily its Gourock and also throughout Scotland and the rest of the world by all means consisterlt with: 4.1 The Christian Bible; and 4.2 The Declaration of Principle; 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. Page 3 BAP REPORT OF THE TR TEE ENDED IDE EMBER 2 24 Activities & Achievements Activities of the Church continued to include.. A Sunday morning public service vvhich is live streamed for the benefitlof those unable to attend in person We have a monthly Zoom meeting for those who cannot physically atténd the Church Joint work with Gourock's other religious denominations and schools Support of Inverclyde Street Pastors Support to Inverclyde Food Bank Hosts to an annual Macmillan Cancer Charity Coffee meeting Contributions to the annual Blythswood 'Shoebox Appeal, Contributions to local, notional and international missions and charitieg including the Baptist Missionary Soclety The Church building was used by a local community-based slimming club, a Guild and a personal fitness club. eaving The Church also provides rellgious services, including home visits, for the loc community. During the year extensive work was done to repair the leaking roof and mak good the damage caused by the collapse of the h311 ceiling as a result of damp incursioh. This work was assisted by greatly appreciated donations from the David Sharp Tr@t and was completed in August 2025 after nearly 13 month's worth of work. The annual Church Members meeting will be held in the Autumn. Trustees Remuneration Reverend Sitongua Laussu, a trustee, received remuneration of £30,247, co towards housing costs of £7,200 and expenses of £240 during the year. tributions Reserves The General Fund represents unrestricted funds to the sum of £81,504 (2023 -,'£89,473). This fund is available to be used by the trustees subsequent to specific deci ion of the church members in furtherance of the charity's objectives. Restrirted Funds are shown on page 10, note 11. Approved by the trustees and signed on their behalf by: SeLietary 24 Septemder 2025 Page 4 INDEPENDENT EXAMINER'S RE THE TEE I report on the accounts of the charity for the year ended 3151 December 2024 whic on pages I to 10. are set out Respectlve Responslbllltles of Trustees and Examlner The chailly's trustees are responslble lor the preparation of the 3ccounts in accordan e with the terms of the Charities and Trustee Investment {Scotland} Act 2005 and the Charities Accpunts (Scotland) Regulations 2006 (as amended). The charity trustees consider that the audit requiremtnt of Regulation 1011)Id} of the 2006 Accounts Regulations doe5 not apply. It is my responsibility to examine the ccounts as required under sectlon 4411 l(c) of the Act and to state whether particular matters have come to my attention. Bajlj of Independent Examlner's Statement My examlnatlon Is carrled out In accordance wlth Regulation I l of the 2006 Accou nts IRegulatlons, An examinatlon inclltdes a review of the accounting records kept by the charity and a c•mparisDn of the account5 presented with those records. It also Includes consideration of any Unusual Items or dlsclosures In the accounts, and seeks explanatlon from the trustees concernlng any such matters. The procedures undertaken do not provlde all the evldence that would be requlred In an audlt, and consequently I do not express an auOIt oplnion on the vlew given by the accounts. Independent examlner's Statement In the course of my examinatlon, no matter has come to my attention... Whlch gives me reasonable cause to believe that in any materlal respect t e requirements.. To keep accounting records In accordance with Section 44{1)lal of t Regulation 4 of the 2006 Accounts Regulations, and e 2005 Act and To prepare accounts which accord with the accountlng records a Regulation 9 of the 2006 Accounts Regulations d comply with have not been met. or To whlch, in my oplnlon, attentlon should be drawn In order to e understandlng of the iccountr to be re,Irhcd able a proper 24 Septemb r 2025 Page 5 GO ROCK BAPTI RE EIPT AND PAYMENT NDED IDE MM NITY NTF RCH RTHE EM Offerings & Donations Activities for Generating Funds Investment Income Other Income 41,205 4,140 1,320 14,142 20,545 61,750 4,140 1,320 14,142 144,684 2,950 213 18,297 Total Recelpts 60,807 20,545 81,352 166,144 Payments Costs of generatln9 funds Charitable Activities Governance Cost5 Purchase of Fixed Assets 66,146 2,040 590 40,174 106,320 2,040 590 54,062 1,914 546 io Total Payments 68,776 40,174 108,950 56,522 Excess of (Payments over Recelpts) (7,969) (19,629) 127,5981 9,622 Transfers to/{from) Funds {Deficit)15urplus for year 17,969) 119,629) {27,5981 9,622 Page ? K BAPTI MM Nrry TE TO THE ACCOUNTS EMBER 2 24 These Financial AccoLJnt5 have been prepare(l on a Receipts and Payments basis. The nature and purpose of each fund is Outlined in the report of the trustses for the year. There were no grants paid in the year. An amount or £30,247 was paid to year. There was no other remunerrl with a trustee in the year. I respect of *lary in the rijstee of persort connected An amount of £240 was paid to In respect of expe v4ere no expenses paid to any otlici rhai"IL,, ti"JrlLL 111 t.le year. ses. There Gift Aid Refund Offerings & Gift aid GASDS BM5 - Birthday Fuiid Contribution Donations Donations Denis Yowe Legacy Donations Macm Illan Ntjrses Sharp Trust - Roof Fund 3,949 11,102 6,004 3,949 11,102 6,004 355 150 20,000 190 20,000 3,279 21,180 355 150 20,000 190 20,000 225 20,000 41,205 20,545 61,750 ',44,684 Page K BAPTIST MMUNITY TATEMENT OF BALANCE AT IDE EMBER 2 24 Bank & Deposit Balances Brought Forward at 31 December 2023 Current Account - BOS Fabric Fund Account Virg In Account 37,256 23,191 60,447 1,038 52,217 20,000 72,217 2,004 Fabric Fund 89,473 43,191 132,664 3,042 Movement in Year: Excess of Payments over Receipts for the Year {7,9691 { 19,629) {27,598) 9,622 Funds at 31 December 2024 81,504 23,562 105,066 192,664 Bank & Deposit Balances Carried forward at 31 December 2024 Current Account - BOS Fabric Fund Virgin Account 27,966 3,562 31,528 0,447 ¥2,217 53,538 20,000 73,538 Fabric Fund 81,504 23,562 105,066 1$2,664 Other Assets held at 31 December 2024 0,000 Liabilities at 31 December 2024 Accounts Fee 1,000 Approved by the Trustees and sioned on their behalf. 24 Septembd 2025 5ecretdry Page 8 K BAPTI TE ND MM THEA Nrry NT EMBER 24 nr Hall Hire 4,140 4.140 2,950 4,140 4,140 2,950 Rent Received Insurance Contribution BMS Sundry Income 13,182 960 13,182 960 4,017 1,080 3,000 200 Shops 14,142 14,142 8,297 Costs Page 9 PTI MMUNrrY THEA co NT TE Salary & Ministry Costs BU Dues & Assembly Pulpit Supply & Costs Repairs & Fabric Utilities Insurance Fabric Repair & Other Shop Expenses Website Costs Gilt - Inverclyde Food Bank Gift - eiion Baptist Church Gift - Marys Meals Gift- CHAS Gift - Macmillan Nurses Gift - Fellowship Fund Gift - Shoe Box Appeal Gift-BMS Birthday Fund Subscription Stationery & Ink Admin Costs Sundry Expense5 Cleaning Costs BMS World Mission 41,354 1,320 900 1.289 11,695 2.984 659 41.354 1,320 900 40.918 11,695 2.984 659 9,868 1,320 4,325 18,418 5,390 5,680 39.629 270 900 500 450 150 225 215 300 190 190 550 300 355 510 80 579 847 2.429 650 550 300 355 510 80 579 847 2,429 650 483 619 716 2,243 1,990 66,146 40,174 106,320 4,062 Page 10 MM THEA TE NT ED 24 9. Cont'd Governance Costs Accountancy Fee Legal Fees 2,040 2,040 1,914 2,040 2,040 1,914 io. AV Equipment 590 590 $46 ii. Unrestricted Funds General Fund Restricted Funds 89,473 43,191 60,807 20,545 68,776 40,174 ,504 ,562 Total Funds 132,664 81,352 108,950 101.066 Restricted funds held at 31 December 2024 are.. Buildlng Enhancement Fund Sharp Trust-Roof Fund 54 08 23, During 2020 the charity status of the Church was changed from a Scottl. (SC0121411 to a Scottish Charitable Incorporated Organisation (SCIO) and in t the name of the Church was also changed from Gourock Baptist Church to Gour Community Church. The formal transfer took place on 31 October 2020 and a the Church were transferred to the SCIO at that date. h Charity e process ck Baptist l assets of