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← Christ Ambassadors Community Church of God

2025-06-30-accounts

CHRIST AMBASSADORS’ COMMUNITY CHURCH OF GOD (CAC - CHURCH)

TRUSTEES' ANNUAL REPORT AND

FINANCIAL STATEMENTS

For the Period Ending 30th June 2025

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CHRIST AMBASSADORS’ COMMUNITY CHURCH OF GOD (CAC - CHURCH)

Table of Contents

Page
Reference and Administrative Details
 3
Trustees Annual Report 4
Independent Examiner’s Report 8
Statement of Financial Activities
 10
Balance Sheet
 11
Statement of Cash Flows
 12
Notes to the Financial Statements 13

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CHRIST AMBASSADORS’ COMMUNITY CHURCH OF GOD (CAC - CHURCH)

Reference and Administrative Details

Charity Name: Christ Ambassadors Community Church of God

Charity Registration No: SC050727

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Registered Office:

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Trustees Resigned: Nil

Bankers: Bank of Scotland

Independent Accountants: Ethnic Minority Resource Centre

Suite 5.6, 5th Floor Standard Buildings 94 Hope Street Glasgow, G2 6PH

Independent Examiner: HPJ Accountancy & Consultancy Ltd

Suite 5.6, 5th Floor Standard Buildings 94 Hope Street Glasgow, G2 6PH

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CHRIST AMBASSADORS’ COMMUNITY CHURCH OF GOD (CAC - CHURCH)

Trustees’ Annual Report

For the Year Ended 30 June 2025

The Trustees have pleasure in presenting their report together with the financial statements and the independent examiner’s report for the year ended 30th June 2025.

Structure, Governance and Management

Constitution

Christ Ambassadors Community Church of God (CAC hereafter) is a registered Scottish Charity (SC050727), with effect from 28 January 2021. All its affairs are governed by the Board of Trustees as stipulated in the terms of the Charity Constitution.

Composition and Appointment of Trustees

The constitution stipulates that Board of Trustees shall consist of not less than 3 members and not more than 7 members at any time. Any person who wishes to become a Trustee must be a member of the congregation and thereon be nominated for candidacy and elected by the general assembly.

Therefore, Trustee appointment is in accordance with the constitution. On 1st July 2024, the Board comprised Six members. No Trustee resigned, and none was appointed to the Board during the year ended 30th June 2025. The CAC is responsible for induction of any new elected Trustee which involves awareness of Trustees’ responsibilities, the Governing document(s), administrative procedures, the history, and theological underpinning of the CAC Church and Charity.

In accordance with our governing document, a new Trustee would receive copies of the previous year’s annual report and accounts as well as a copy of the Office of Scottish Charity Regulator leaflet; “The Essential Trustee: What do you need to know”. Additionally, a new Trustee would undergo formal induction prior to becoming a fully functioning member of the CAC Board of Trustees.

Organisational structure

The constitution gives the trustees the power to apply the funds in such a manner as they think fit. The Trustees are the managerial arm of the charity. They meet regularly and make decisions for and on behalf of the church. Major

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CHRIST AMBASSADORS’ COMMUNITY CHURCH OF GOD (CAC - CHURCH)

decisions of a managerial and financial nature are minuted.

Management and Governance

The charity is controlled by its governing document, a constitution, and constitutes a Scottish Charitable Incorporated Organisation (SCIO). For Trustees meetings, a quorum shall comprise of at least three of the Trustees and decisions shall be made based on a majority vote.

The Trustees shall be responsible for the finances of the charity and the preparation of the annual accounts which shall be independently examined or audited as required by statute and made available for public scrutiny if required.

Objectives and Activities

The charity’s primary objective is the advancement of religion in Scotland, by providing a place where people can come together for the purposes of Christian worship and fellowship, promote respect and compassion, as well as making people feel valued in the local community.

Other objectives include: The prevention and relief of poverty. The advancement of citizenship and community development. The provision of recreational facilities, with the object of improving the conditions of life for the persons for whom the facilities or activities are primarily intended. The promotion of religious and racial harmony. The relief of those in need by reason of age, ill health, disability, financial hardship or other disadvantage.

Main activities in relation to these objects

Being an integral part of the Church of God Scotland and the Paisley Christian community in particular, we organise weekly gatherings for the church members for prayers, Bible study and Christian worship. These gatherings are also open to the public. We also organise various activities for different departments within the church including the children’s ministry (weekly), the Youth Ministry (weekly), the Women’s Ministry (monthly) and the Men’s Ministry (monthly). Below is a highlight of activities undertaken during the year to 30th June 2025.

Additionally, we made some achievements in line with our projections for 2024/25 by successfully undertaking the following activities.

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CHRIST AMBASSADORS’ COMMUNITY CHURCH OF GOD (CAC - CHURCH)

organised Christmas and New Year services and celebrations at our main auditorium in Paisley which was very well attended by church members as well as invited guests.

We are working hard to inter-relate and provide bilateral support to other community churches and different organisations. Therefore, we would like to welcome other communities to attend our gatherings as well as learn our faith.

Financial Review

General review:

During the financial year ending on 30th June 2025, the total income amounted to £31,852, which consists of income from donations, offerings and tithes collected from the congregation. The total expenditure for the year was £24,947. The overall annual financial result was an operational surplus of £6,905.

Reserve Policy

The church leadership has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets (“the free reserves”) held by the charity should be between three and six months of the resources expended, which equates to £6,237 to £12,474 in general funds. At this level, the trustees believe that it would be able to continue the current activities of the charity even

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CHRIST AMBASSADORS’ COMMUNITY CHURCH OF GOD (CAC - CHURCH)

in the event of a significant drop in funding. It would obviously be necessary to consider how the funding would be replaced or activities changed. At present the free reserves which amount to £22,252 is a good level and the trustees are satisfied with this position.

Risk management

The Board of Trustees is aware and has assessed the major risks to which Christ Ambassadors Community Church (CAC – Church) is exposed, those related to the operations and finances and is satisfied that the systems in place are robust enough to mitigate all major risks.

Future Plans

The Trustees plan to continue to promote the Christian religion by involvement in the community and beyond as set out in the objectives. By popular demand, we hope to undertake most, if not all, of the aforementioned activities during the 2025-26 financial year.

Approved by the trustees on 27th October 2025 and signed on their behalf by:

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Vice-Chair and Senior Pastor

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CHRIST AMBASSADORS’ COMMUNITY CHURCH OF GOD (CAC - CHURCH)

Independent Examiner's Report

Independent Examiner’s Report to the Trustees of Christ Ambassadors’ Community Church of God (CAC - Church).

I report on the financial statements of the charity for the period ended 30th June 2025, which are set out on pages 10 to 17.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 (“the 2005Act”) and the Charities Accounts (Scotland) Regulations 2006 (as amended) (“the 2006 Regulations”). The charity’s trustees consider that the audit requirement of Regulation 10(1) (d) of the 2006 Regulations does not apply. It is my responsibility to examine the accounts as required under section 449(1) (c) of the 2005 Act and to state whether particular matters have come to my attention.

Basis of independent examiner’s statement

My examination is carried out in accordance with Regulation 11 of the 2006 Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently, I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention: -

  1. Which gives me reasonable cause to believe that in any material respect, the requirements: -

  2. To keep accounting records in accordance with section 44(1) (a) of the

  3. 2005 Act and Regulation 4 of the 2006 Regulations, and

  4. To prepare Accounts which accord with the accounting records and

  5. comply with Regulation 9 of the 2006 Regulations (as amended)

Have not been met

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CHRIST AMBASSADORS’ COMMUNITY CHURCH OF GOD (CAC - CHURCH)

  1. I would however recommend that the charity continue to maintain all accounting documents and records in accordance with the 2005 Act, and the accounts should comply with Regulation 9 of the 2006 Accounts Regulations (as amended).

HPJ - CA Suite 5.6, 5th Floor, Standard Buildings 94 Hope Street Glasgow, G2 2QZ

Relevant professional qualifications and body

Qualified Accountant - AIA Affiliate Member of ACIE

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CHRIST AMBASSADORS’ COMMUNITY CHURCH OF GOD (CAC - CHURCH)

Statement of Financial Activities For the period ending 30th June 2025

Unrestricted
funds
£
Income & Endowments from:
Donations & Legacies 18,752
Charitable Activities
4,481
Investments
0
Other
0
Total
23,233
Expenditure on:
Raising Funds
0
Charitable Activities
24,376
Other
500
Total
24,876
Net gains/(losses) on investments
Net income/(expenditure)
-1,643
Transfers between funds
0
Other recognised gains/(losses)
Gains/(losses) on revaluation of fixed assets
0
Gains/(losses) on investment assets
0
Actuarial gains/(losses) on
defined benefit pension schemes 0
Net movement in funds
-1,643
Reconciliation of funds
Total funds bought forward
24,193
Total funds carried forward
22,550		 Restricted
funds
£
8,619

0
0
0
8,619
0
71
0
71
8,548
0
0
0
0
8,548
0
8,548		 Total
funds
2025
£
27,371
4,481
0
0
31,852
0
24,447
500
24,947
6,905
0
0
0
0
6,905
24,193
31,098		 Total
funds
2024
Notes
£
20,755
3
4,437
4
0
5
0
25,192
0
20,454
6

750
7
21,204
3,988
0
0
0
0
3,988
20,205
24,193

The statement of financial activities includes all gains and losses in the year. All incoming resources, and resources expended derived from continuing activities.

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CHRIST AMBASSADORS’ COMMUNITY CHURCH OF GOD (CAC - CHURCH)

Balance Sheet
As at 30th June 2025
Fixed Assets
Tangible Assets
Investments
Total Fixed Assets
Current Assets
Debtors
Income accrued
Cash at bank & in hand
Total Current Assets
Liabilities
Creditors amount falling due within one year
Net Current assets
Total assets less current liabilities
Creditors amount falling due after one year
Net Assets
The funds of the charity:
Church Building Reserve
General Reserve - Adjusted
Unrestricted income funds
Restricted income funds
Total Funds





2025
2,702
0
2,702




150

4,481
24,665

29,296

900

28,396

0

31,098



0

0

22,550

8,548
31,098

The notes at pages 12 to 16 form part of these accounts.

Approved by the trustees on 25th October 2025 and signed on their behalf by:

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Chairperson

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CHRIST AMBASSADORS’ COMMUNITY CHURCH OF GOD (CAC - CHURCH)

Statement of Cash Flows

For the year ending 30th June 2025

Cash flows from operating activities:
Net cash provided by (used in) operating activities
Cash flows from investing activities:
Purchase of Office Equipment
Proceed from Sales of Investment
Interest
Net cash provided by (used in) investing activities
Cash flows from financing activities:
Cash inflows from Borrowing
Net cash provided by (used in) financing activities
Increase (decrease) in cash & cash equivalents in the year
Cash & cash equivalents at the beginning of the year
Total cash & cash equivalents at the end of the year
Reconciliation
of
net
income/(expenditure) to net cash flow
from operating activities.
Adjustments for:
Depreciation charges
(Gains)/losses on investments
Dividends, interest & rent from investments
Loss/(profit) on sale of fixed assets
(Increase)/decrease in stocks
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Net cash provided by (used in) operating activities
Analysis of cash and cash equivalents
Cash at Bank and in hand

Notice deposits (less than 3 months)

Overdraft facility repayable on demand

Total bank and cash equivalents
 2025
13,696
13,696
(1,441)
0
0
(1,441)
0
0
12,255
12,410
24,665
6,905
676
0
0
0
0
5,965
150
13,696
24,665
0
0
24,665		 2024
13
(754)
(754)
0
0
0
0
0
0
(754)
13,164
12,410
3,988
490
0
0
0
0
(5,482)
250
(754)
12,410
0
0
12,410











































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CHRIST AMBASSADORS’ COMMUNITY CHURCH OF GOD (CAC - CHURCH)

Notes to the Financial Statements

1. Accounting Policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements is as follows:

a) Basis of preparation

The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended)

Christ Ambassadors’ Community Church meet the definition of a public benefit entity under FRS 102

Assets and liabilities are initially recognised at historical cost or transaction value unless stated in the relevant accounting policy note(s).

b) Reconciliation with previous Generally Accepted Accounting

Practice.

In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items were required.

c) Preparation of the accounts on a going concern basis

The Trustees believe there is no foreseeable circumstance to restrict the Charity from continuing a Going Concern.

d) Income

Income is recognised when received. However, in accordance with FRS102, income is accrued if not received in the financial year commensurate with the activity of the charity.

e) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity, this is normally upon notification of the interest paid or payable by the Bank.

f) Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the Charity’s work or for specific artistic projects being undertaken by the Charity.

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CHRIST AMBASSADORS’ COMMUNITY CHURCH OF GOD (CAC - CHURCH)

g) Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required, and the amount of the obligation can be measured reliably.

h) Allocation of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back-office costs, finance, personnel, payroll and governance costs which support the Charity's programmes and activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities. The basis on which support costs have been allocated are set out in note 7

i) Tangible fixed assets

Individual fixed assets costing £500 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a reducing balance method, as follow; Office furniture and equipment at 20%, and Motor Vehicle at 20%. Church Building is not depreciated.

j) Stock

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value, which is the amount the charity would have been willing to pay for the items on the open market.

k) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

l) Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

m) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

n) Transition to FRS 102

No subsequent restatement of items has been required in making the transition to FRS 102. The charity prepared the accounts on accrual basis and in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP [FRS 102]), and Companies Act 2006.

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CHRIST AMBASSADORS’ COMMUNITY CHURCH OF GOD (CAC - CHURCH)

2. Legal status of the Charity

Christ Ambassadors’ Community Church of God (CAC - Church) was recognised as a Scottish charity with effect from 28[th] of January 2021. The Charity is administered in accordance with the terms of the Charity Constitution.

3. Income from donations and legacies
General Donations

 2025
27,371

27,371		 2024
20,755
20,755

Christ Ambassadors’ Community Church of God (CAC - Church) is grateful to the charities who gave grant funding. In accordance with FRS102 and the Charities SORP not recognised in the accounts.

4. Income from charitable activities
Gift Aid Claim Accrued
Small Donations Claim

5. Investment Income
Bank interest
 4,481
0
4,481
0		 3,200
1,237
4,437
0

6. Analysis of expenditure on Charitable Activities

Restricted
Training
Salaries
Other

Unrestricted
General Expenses
Total		 0
0
71
 0
0
0
0
21,249
21,249
71
24,376

24,447

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CHRIST AMBASSADORS’ COMMUNITY CHURCH OF GOD (CAC - CHURCH)

7. Analysis of governance & support costs

Professional fees 500
 750
Salaries, wages & related costs 0
 0
General office & general charity expenses 0
 0

8. Analysis of staff costs

Salaries & Wages 0 0

The charity Trustees did not receive any benefits from employment. No charity trustee payment for professional services nor had personal expenses reimbursed. There was no party transactions. The Charity does not operate a defined contribution pension scheme there is no pension cost charged for the period to represent contribution payable to the scheme.

9. Tangible Fixed Assets

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----- Start of picture text -----
Equipment
Cost £
At 1st July 2024 4,016
Acquisitions during the year 1,419
Revaluations -
-
Disposals
At 30th June 2025 5,435
Depreciation
At 1st July 2024 2,057
Charge for the year 676
-
Disposals
At 30th June 2025 2,733
Net book value at 30th June 2025 2,702
Net book value at 30th June 2024 1,959
----- End of picture text -----

Equipment is depreciated at 20% Reducing Balance Method.

10. Debtors & Accrued Income

Other Debtors 4,481 5,674

Total 4,481 5,674

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CHRIST AMBASSADORS’ COMMUNITY CHURCH OF GOD (CAC - CHURCH)

11. Liabilities: amounts falling due within a year.
Accrued expenses 900
12. Funds of the charity
General Reserves (Accruals)0
Bank and Cash – Unrestricted 15,818
Bank – Restricted 8,846
Other
0
Total of bank account
24,664
Unrestricted income funds 22,252
Restricted Income Funds 8,846
Total funds of the charity 31,098
13. Cash flows from operating activities
Net movement in funds 6,905
Bank and Cash in hand 24,664		 750
0
12,410
0
0
12,410
24,193
0
24,193
3,988
12,410

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