LEITH BAPTIST CHURCH SCIO
(SC051916)
FINANCIAL STATEMENTS- YEAR ENDED 30 SEPTEMBER 2024
REPORT OF THE TRUSTEES
These accounts have been prepared in accordance with the terms of the
Charities and Trustee Investment (Scotland Act) 2005 and the Charities
Accounts (Scotland) Regulations 2006
Governing Document and Organisational Structure
The Church is a Scottish Charitable Incorporated Organisation (SCIO)
established by constitution and is a registered charity in Scotland
(SC051916). The church is also registered with HMRC as a Charity under
referen￿ number ST05241. The address of the Church is 27-29 Madeira
Street, Leith, Edinburgh, EH6 4AJ. There are no restrictions on the way in
which the Church may operate as a Charity.
Objectives and Leadership
The Aim of the Church, which is affiliated to the Baptist Union of Scotland, is
the advancement of religion by promoting the Gospel of Jesus Christ, through
relationsliip to God, each other and the community, both at home and
worldwide.
The Church is congregational in policy and its day-to-day running is
undertaken by the Senior Leadership Team (SLT) who are all appointed by
the Church. They are as follows:
The members of the Senior Leadership Team are °Trustees° in terms of the
Charities and Trustee Investrnent (Scotland Act) 2005 and the Charities
Accounts (Scotland) Regulations 2006.

Activities, Achievements and Performance
The year to September 2024 was a year of growth and encouragement for the
church. During the year, we have seen a number of new people from the
local area coming along to the church. We had the joy of baptising 4 people
of whom 3 became church members. Sunday moming services continue to
have an informal feel where the congregation gather around 'tables' rather
than in traditional rows. Visitors have commented on how welcome they feel
and there is room for children to move around more freely.
Our Toddlers group continues to flourish on Tuesday and Wednesday
mornings with around 40-50 children together with parents / grandparents
attending over the two days. Our additional monthly Messy Church has been
a highlight for this group and has included special Christmas and Easter
events.
We have continued to be more flexible with our midweek programme of
events this year sometimes meeting on different days and for shorter blocks
of weeks with some gaps. We had a block of'Houses of Prayerf in homes in
the Winter followed by series in the church building studying the book of
Daniel in the Spring. We ran an Alpha group on a Friday moming after Easter
and after the summer we began a block of'Table Time, (sharing hospitality
and communion in our homes). Online 'Momings of Grace, devotionals run
every weekday moming except Wednesday from 8-8.30am.
We continue to have a joint branch group meeting most months but not
always on the 1st Wednesday of the month. We now have a variety of
outreach events including a Messy Church and a small Youth Group. The
revival prayer meeting takes place monthly.
During the year, we have enjoyed visiting speakers from Open Doors and
Bethany Christian Trust. We have also taken part in joint prayer events with
other local Baptist churches and continue to participate in various events
organised by the Baptist Union of Scotland most notably the 'Canopy'
gathering in the summer of 2024.
Financial Review
The Accounts for the year to September 2024 show average weekly offerings
of £1,111 (2023 - £1,097). General expenses of £19,754 (2023 - £17,777)
accounted for 34 % (2023 _ 31 % ) of regular income and the remainder was
used to support ministries, other charities (including the Baptist Union of
Scotland) and to help individuals in need.
General Fund income for the year is marginally down in comparison to the
previous year but it is a mixed picture. Gift aided giving has decreased but
general offerings have increased. We have re￿iVed significant interest from
the 1204ay notice account with Virgin Money this year.

Overall expenditure during the year has increased with depreciation now
being charged on capital expenditure of almost £40,000 spent on new audio
visual equipment and the new heating system including repla￿ment boilers
(see note 2). Staff costs have risen in line with the BUS stipend and housing
allowance. Spending on mission activity has increased and general
expenses have started to increase as our favourable three-year fixed deals on
gas and electricity expired.
The church leadership keep cash flow under regular review as there can often
be fluctuations in income due to one-off gifts and unexpected expenditure
(e.g., church rna1ntenan￿ costs) during the year. Following the sale of the
church manse in 2022, the liquidity position of the church is strong.
Risk management
The SLT (our Trustees) have responsibility for evaluating and monitoring the
major risks fa￿d by the Church and take care to ensure that these risks are
mitigated. The Trustees continue to be updated on key legislative changes by
the Baptist Union of Scotland (BUS) who also provide guidan￿ in areas
where policies are required e.g. Safeguarding; Data Protection; etc. The
leadership team re￿iVed Safeguarding training in the autumn of 2024 and
annually review the church safeguarding policy. The various activities of the
Church are principally the responsibility of ministry teams, overseen by the
leadership, whose members have the experience and understanding of their
area of ministy and are offered opportunities for training where this is
available and relevant.
Plans for the Future
Our two ministry priorities for 2025 are to increase the prominence of prayer in
all we do and to set up a new pastoral care system with a fresh emphasis on
everyday discipleship. We have restructured our SLT meetings to make
Spa￿ for regular 'non~agenda' meetings where we can have more time and
Spa￿ to discuss and pray about strategic issues as well as building a healthy
spiritual leadership culture. We hope to see growth in numbers and spiritual
maturity within the fellowship over the next few years. We look forward to
seeing how God leads us forward in both discipleship and mission and how
God wants to use us to share His love and compassion to our neighbours in
the community of Leith and Edinburgh.
We continue to live-stream our services and have upgraded our audio visual
facilities. We have replaced the old heating system but have some significant
electrical upgrading work to do this coming year. We need to give further
consideration to some of the limitations of our church building and are praying
about the way forward regarding our premises.
In addition to the above, it is our expectation that church members will
continue to take up responsibilities for new areas of ministy which is in line
with our belief in the priesthood of all believers and the importance of the
whole church body functioning effectively. The specific activities of the church

are continuously under review by the leadership and change and evolve in
response to changes in membership, resources, the various communities we
serve and always in response to God's leading in accordance with Scripture.
Trustee Remuneration
As shown in note 3, the onl trustee receiving remuneration from the church
during the year was our
Reserves policy
The Trustees are conscious of the need to maintain reserves sufficient to
enable us to pay debts as they fall due whilst not accumulating more funds
than are necessary.
The Church's Bankers are the Bank of Scotland, The Mound, Edinburgh EH1
1YZ' and Virgin Money, 7 Gold Street, Northampton, NN11 EN.
The Church's Solicitors are Diakoneo Legal Services Limited, 48 Speirs
INharf, Glasgow, G4 9TH.
The Church's Independent Examiner iS￿mcLaCh1an + Tiffin,
Clifton House, Craigard Road, Crieff, PH7 4BN.
Statement of Trustees. Responsibilities
Charity law requires the trustees to prepare financial statements for each
financial year which show a true and fair view of the state of affairs of the
charity and its financial activities for that period. In preparing those financial
statements, the trustees are required to:
select suitable accounting policies and then apply them consistently;
make judgments and estimates that are reasonable and prudent;
state whether applicable accounting standards and statements of
recommended practi￿ have been followed, subject to any departures
disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is
inappropriate to presume that the charity will continue in operational
existence.
The trustees are responsible for keeping proper accounting records which
disclose with reasonable accuracy at any time the financial position of the
company and which enable them to ensure that the financial statements
comply with the Charities Accounts (Scotland) Regulations 2006 and all other
relevant legislation. They also have general responsibility for taking such
steps as are reasonably open to them to safeguard the assets of the company
and to prevent and detect fraud and other irregularities.
Approved by the Trustees and signed on their behalf,

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LEITH BAPTIST CHURCH
BALANCE SHEET AS AT 30 SEPTEMBER 2024
2024
£'s
141,716
2023
£'s
110,000
FIXED ASSETS (Note 2)
CURRENT ASSETS
Petty Cash
Cash at Bank- Business alc
Cash at Bank- Treasurer alc
Virgin Money- Savings alc
Debtors: Tax receivable gift aid
Prepayments
Social Action Fund
30
31,857
82,416
419,158
5,473
30
21,108
120,503
400,863
9,025
7,709
200
559,438
200
539,134
CURRENT LIABILITIES
Accruals
600
600
600
600
NET CURRENT ASSETS
538,534
558,838
LONG TERM LIABILITIES
NET ASSETS
680,250
668,838
FINANCED BY:
CAPITAL ACCOUNTS
General Reserve
At beginning of year
Transfer from Property Fund
Surplus/(Deficit) for year
147,472
39,238
8034
139,834
7638
178,676
147,472
Designated Propety Fund (Note 4)
501,574
521,366
680,250
668,838
The above accounts are authorised and approved by the Senior Leadership
Team of Leith Baptist Church (the Trustees).

LEITH BAPTIST CHURCH
NOTES TO ACCOUNTS
ACCOUNTING BASIS AND POLICIES
The accounts have been prepared on a historic cost basis in accordance with
Accounting and Reporting by ￿aritieS SORP 2005 and the Financial
Reporting Standards for Small Enterprises and with Charity Law.
a) All voluntary income, (offerings and donabons), is accounted for when
the charity has unconditional entitlement to the income.
b) Tax recovered on Gift Aid Donations and Small Donations is accounted
for at the same time as the gift to which it relates.
c) Bank Interest is accounted for when re￿1vable or payable.
d) Tangible fixed assets comprise one property, the church building. It is
valued at a long-standing accounting value of the land element of the
church propety, being a conservative approximation of open market
value. No depreciation is charged on land or buildings.
e) Depreciation on short-term assets is charged over the estimated useful
life of the asset as follows:
Audio visual and computer equipment
Church Boilers
Liabilities are accounted for when there is a legal or constructive
obligation committing the charity to pay out resources.
33.30
TANGIBLE FIXED ASSETS
Tangible Fixed Assets are made up as follows:
2023
£'s
2022
Church - 27129 Madeira Street
Audio visual and computer equip
Church Boilers
110,000
10,278
21438
141,716
110,000
110,000
The Trustees have retained the long-standing accounting value of the land
element of the church property at £110,000, being a conservative
approximation of open market value.
New audio-visual equipment, cameras, screens and PA desk was purchased
during the year totalling £15,418. A fvll year's depreciation charge of £5,140
was made during the first year. New boilers were installed in January 2024 at
a cost of £23,820 with a full yearfs depreciation of £2,382 made in the first
year.

REMUNERATION
Remuneration to the Trustees (excluding ministers) and Independent
Examiner is as follows:
2024
2023
Trustees
Independent Examiner
600
600
Remuneration to full-time minister (Rev A Barbosa) during the year
amounted to £35,771 (2023 - £32,886).
The average number of paid workers in 2024 was 2 (2023 - 2). In
addition to the Minister, a church cleaner was employed during the year.
Desi
nated Pro
Fund
Balan￿ at 30 September 2023
Investment Income
Capital expenditure during the year.
521,366
19,446
New Boilers
AV Equipment
23,820
15,418
39 238
Balan￿ at 30 September 2024
501,574
This unrestricted fund was created on the sale of the church manse in
July 2022. The proceeds have been set aside for future capital projects.
At the church AGM in February 2024, a decision was made confirming a
previous leadership recommendation that a tithe of the proceeds from
the sale of the manse should be given to a number of Christian charities
consistent with the charitable purposes of the church. A working group
was set up in July 2024 and reported to the church in October 2024 with
recommendations of 10 organisations and churches who would receive
an aggregate of£53,000 from the manse prO￿edS held in this Fund.
These amounts were distributed in November and De￿mber 2024 and
will be reported in detail in next yearfs accounts to 30 September 2025.

Independent examinerfs report on the accounts of
Leith Baptist Church
Report to the
trusteeslmembers of
Registered charity SC051916
number
On the accounts of the
charity for the period
Period start date
Mcmth
Period end date
Month
Year
Year
01
10
2023
to
30
09
2024
Set out on pages
1to8
Respective
responsibilities of
trustees and examiner
The charl￿S trustees are responsible for the preparation of the accounts in accordance
with the terms of the Charities and Trustee Investsnent (Scotland) 2005 Act and the
Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the
audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply. It
is my responsibilty to examine the accounts as required under section 44(1) (c) of the
Act and to state whether particular matters have come to my attention.
Basis of independent My examination is carried out in accordance with Regulation 11 of the Charities
examinerfs statement Accounts (Scotland) Regulations 2006. An examination includes a review of the
accounting records kept by the charty 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 accounts.
Independent examinerfs In the course of my examination no matter has come to my attention
statement
which gives me reasonable cause to believe that in any material respect the
requirements:
to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and
Regulation 4 of the 2006 Accounts Regulations, and
to prepare accounts which accord with the accounting records and comply with
Regulation 9 of the 2006 Accounts Regulations
have not been met, or
to which, in my opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
Signed:
Date:
5 June 2025
Name:
Relevant professional
qualification(s) or body McLachlan+Tiffin
rif any): Chartered Accountsnts and Statutory Audttors
Address: Clifton House
Craigard Road
Crieff
PH7 4BN