LEITH BAPTIST CHURCH SCIO ISCO51916) FINANCIAL STATEMENTS- YEAR ENDED 30 SEPTEMBER 2025 REPORT OF THE TRUSTEES These accounts have been prepared in accordan with the temis of the Charilies and Trustee Investment {Scotland Act) 21J05 and the Charrties Accounts (Scotland) Regulations 2006 Govornlng Docum•nt and OryanlMtlon•l Structur• The Church is a Scottish Charitable Incorwated Organisation (SCIOY established by constitution and is a registered charity in Sc<)tland (SC051916). The church is also registered with HMRC as a Chaiity under referènce numter ST05241. The address of the Church is 27-29 Madeira Street, Lelth. Edinburgh, EH6 4AJ. There are no restrictlons on the way in which the Churth may operate as a Charity. ObJe¢tlvo8 and L•ad•rnhlp The Aim of the Church, wthich 18 affiliated to the Baptsst Union of Scotland, 18 the advancement of religion by promoting the Gospel of Jesus Christ, through relationship to God, each other and the wnmunty, b(th at home and worldwide. The Church is corKJregational in policy and rts day404ay running 18 undertaken by the Senior Lead6rship Team (SLD who are all apPnIed by the Church. They are a8 follow8". Rev A Barbosa (Minister) Ms D A Belton Mrs L Cowan Mr J Currie (appointed 4 February 2026) Mr N T Drysdale Mr J Miller Mr A Monaghan (appointed 4 Felyuary 2026) Ms C Monaghan (resigned 14 April 2025) Mr K l Mothersole {resi9ned 29 January 2025> MS J Orr (appointed 29th January 2025) Mrs S l Rebus Dr B S Windram The members of the Senior Leadership Team are °Ttee8" in temis of t1 Charit18S and Trustee Investment (Scotland Act) 2(M)5 and the Charities Accounts (Scotland) Regulations 20C6. Aclivlties, Achlevements and Perf0MnCe The year to September 2025 was a year of joy arKI 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 marking 180 years as Letih Baptist Church and had a special weekend in September 2025 lebrating with the local community. We also hosted and partIPated in the Baptist History Project Conference in November 2025 gmng a talk on the history of the church.
Sunday moming services continue to have an infomial setting where the congregation gather around tables ratsr than in traditional rows. Visito[5 have commented on how welcome they feel and there is room for Childn to move around more freely. Our Toddlers group ¢ontinu88 to flourish on Tuesday and Wednèsday momings with around 41>50 children together wrlh parents I grandparents attending over the two days. Our additional monthly Messy Church has been a hwJhlight for this group and has included speejal Christmas and Easter events. We also partnered with SU Scotland and other churches in the north of Edinburgh to put on a summer holiday dub for prbmary school age thildren. We have continued to be more fiexible with our mi(*week programme of events this year sometimes meeting on different days and for shorter block8 of we8ks with some gaps. We had a block of'Table Time, (sharing hospitalty and communion in our homes) followed by series in the church building leaming the practice of Lectio Divina to enrich our prayer and tsble reading. Online 'Momings of Grace. devotionals run every weekday moming except Wednesday from &8.30am. We have a revival prayer meeting which takes 8¢8 monthly and this year we have been meeting with our sister church. South L8lth Baptist Church and altematirvJ the hosting of this. We Continue to have a joint branch group meeting most months bLrt not abNays on the 1 It INedne8day of the month. We now have a small Youth Group meeting on Friday evenings twi a month and four of them attended the Magnitude festival in the Summer. During the year, we have enjoyed visiting speakers from other churches and Bethany Christian Tru8t. We have also taken part in joint prayer events and continue to participate in various events organised by the Baptist Union of Scotland most notably the 'Canopy' gathering in summer of 2025. Flnanclal R•vl•w The Accounts for the year to September 2024 show average weekly offerings of £1,179 (2024 - £1,111). General expenses of £31,970 {2024- £19,754) a¢¢ounted for 52% (2024 - 34%) of regular income and the m81nder was used to support ministnes, other charTlie8 (including the Baptist Union of Scotland) and to h8lp individuals in need. General Fund income for the year is SIhty up in comparison to the previous year. We have received lower investment income this year due to lower interest rates. We also opened a CAF Flagstone account in September 2025 to spread ¢a$h deposits over a range of institulions rather than solety being held with Virgin Money. Staff costs have risen in line with the BUS stipend and housing allowance. General expenses increased substantÈally during the year due mainly to £8K of remedial electrical YKJrk and higher energy costs. In line with a decision of the church membership. the church gave gifts of £53,000 representing a tithe of the proceeds of the church manse sold in 2022 (see rK)te 4). The church leadership keep cash flow und8r regular review as there can often b8 fluctuations in income due to on&off gifts and unexrrtted expenditure (e.g., churth Maintenan c¢)sts) during the year. Following the sale of the church manse in 2022, the liquidty posrtion of the church is strong atthough we do have a number of challenges relating to the maintenance of the church building.
Risk managThnt Th8 SLT {wr Trustees) have reSponsi'1ty for evaluating and monitoring the major risks faced by the Church and take care to ensu that these risks are Mitated. The Trustees continue to be urxlated on key legislative Changes by the Baptist Union of ScotlarKI (BUS) who also provide guidan in areas where policies are required e.g. Safeguarding., Data Protection., etc. The leadership team received Safeguarding training in the autumn of 2024 and annually review the thurch safeguarding policy. Thè various activitÉes of the Church are prindpally the SponsIbl1ty of ministry teams, overseen by the leadership, whose members have the experience and understanding of their area of ministry arxl are offered OpUnIti&s for traini where this is available arKI relevanL Plans for th• Futur• Our minister ha8 served the church. initially a8 a wor8hip arKI communlty pa8tor, 8ince 2017. We are dol3hted to release him for a thretrmonth sabbatical in 2026. This will likely be taken in three segments and indude rest, reflection and study and some holiday time. Our tsvo ministry rKiorrties for 2026 are to increase the prominence of prayer in all we do and to Set up a new pastoral care 8yStem with a fresh empha8is on everyday discipleship. We restructured our Senior Leadership Team meetings in 2025 to make Spa for regular 'non-agenda' meetlngs where we can have more time and space to discuss and pray about strategic issues as well as building a healthy Spiritual leadership culture. We plan to continue thi8 in 2026. We hope to see growth in number8 and ina${n9 8yrltual maturity within the fellowship over the next few yearn. We continue to live-stream our services arKI have recently upgraded our audio-visual facilities. We have also replaced the old heating system and carried out remedial electri1 work. We to gNe further consideration to some of the limitations of our ¢hur¢h building and are praying about the way forward regarding our premises. In addits'on to the above, it is our expectsb'on that church members will continue to take up responsibilit5 for new areas of ministy which is in line our belief in the priesthood of all telievers and the Importance of the whole church body functioning effectNely. The SpefiC activrti88 of the church are continuously under review by the leadership and change and evolve in response to changes in membership. resources, the various communrties we serve arKt alwa in response to God'8 leading in accordance with Scripture. Trustso Remunerallon As shIyn in note 3. the only trustee reIving remuneration from the churth during the year wa8 our Pastor, Rev. Andre Bart)osa. Reserve# pollcy The Trustees are conscious of the need to maintain reserves sufficient to enable us to pay debts as they fall due whilst not accumukgting more funds than are necessary. The Churth's Bankers are thè Bank of Scotland, The Mound, Edinburgh EH1 1YZ,' and Virgin Money, 7 Gold Street. Northampton, NN1 1 EN.
The Church's Solicitors are Diakoneo Legal Savices Limrted, 48 Speirs Vtharf, Glasgow, G4 9TH. The Church's IrKlependenl Examiner is Ralph frffin BSC FCA, 19 Melville Court. Croft Street, London SE8 5DR. Statement of Tru$ts•8' Respomlbllitles Chanty law requires the tTUStees to yepare financial 8tatements for each financial year which show a true arKI fair view of the state of affairs of the tharity and its financial activrtie8 for that period. In preparing those financial statements, the trustees are required to: select suitable accounting policies and then apply them con8iStently: make judgments and estimates that are reasonable and prudent., state whether applicable accounting standards arKI statements of recommended yactice have been followed, subj'ect to any departures disclosed and explained in the financAal Statements., and ppare the finawal statements on the going concem ba818 unle88 it 18 inappropriate to prosume that th8 charity will continue in operational exlstence. The trustees are responsible for keeping proper accounting records whlch dl8cIo8e with reasonable accuracy at any time the financAal position of the company and whlch enable them to ensure that the financial statements wnply wth the Charitie8 Accounts (Scotland) Regulations 2006 and all other relevant legislation. They al80 have general responsibility for taking such steps as are rea80nably open to them to 6afeguard th8 assets of tho company and to prevent and dete(X fraud arKI other irregularities. Approved by the Trustees and sKJned on their behalf, On b8h8lf of the TNstees on 2026
Lelth Baptist Church Year ended 30 September 2025 Statem•nt of Financial Actlviti ,. Restrbcaed Funds l(None) IUnre$trscted Funds General 2025 In¢omlng Resourcw4 IOming rnsources from @noratsd funds Voluntary Incomo IGeneral offerings Gift Aid I Small donations .Tax recovered Special offerings other income Investment Incom• 15,679 45.627 11,844 1,938 13,190 44,620 11,422 2,534 267 45,627 11,844 1,938 15,429 15,429: 15,429 90.517 Total Incoming Resourcas R•8ources Expended Charltable actlvltlo8 Staff costs General expenses Depreciation expense (note 3) Support and grfls to other Ministries Mission activity ,Special offerings . |Govornanco co$t• Total Resources Expended Net in¢omingloutgoin9_resour Transfers telween funds Total funds brought forward Total funds rArrled forward 91.479 43.958 31,970, 7.522,. 3,240 2,5361 43,958 31,970 41,791 19,754 7,522 3,240 3,978 3,184 600 80,067 11,412 53,000 2,536 3,078 92,302 {17,214) (37.571) S54,785}1.. 501,574 680,250 668,838 680,250
LEITH BAPTIST CHURCH BALANCE SHEEf AS T 30 SEPT MBER 202 202 FIXED ASSETS (Note 2) 134,194 141,716 CURRENT ASSErs P8tty Cash Cash at Bank- Business alc Cash at 8ank- Treasurer alc Virgin Money- Savings alc CAF Flagstone- Temi Deposts Tax receivable grft aid Int8r8St receivable SorAal Action Fund 30 15,794 29,979 83,557 350.100 11,844 367 30 31.857 82,416 419,158 5,473 491.871 539,134 CURRENT LIABILITIES Accruals 600 NET CURRENT ASSETS 491.271 538,534 LONG TERM LIABIUTIES NET ASSETS 625,465 680.250 FINAN CAPITAL ACCOUNTS General Reserve At beginning of year Transfer from Property FurKI Surplusl{Deficit) for year 178,676 147,472 39,238 161.462 178,676 Designated Property FurKI (Nots 4) 464.003 501,574 625,465 680,250 The above accounts are authorised arKI approved by the Senior Leadership Team of Leith Baptist Church (the Trust888). Convenor of Finance Group , 2026
TH BAPTIST CHURCH NOTES TO AccouKrs ACCOUNTING BASIS AND LICIES The accounts have been prepared on a historic cost basis In accordance Vth Accounting arKI Repo.ng by Chartties SORP 2CQ5 and the Financial ReportirYJ Standards for Small Enterprises arKI vitth Charrty Law. a) All voluntsry income, (offering8 and donations), is accounted for when the charity has uncondÉtional entitlement to the income. b) Tax recovered on Gift Aid Donations and Small Donation8 accounted for at th8 same time as the gift to which it relates. c) Bank Interest is accounted for when rec8ivabl6 or payable. d) Tangible fixed assets compnse one property, the church building. It 18 valued at a long-standing accounting value of the land element of the church property, being a conservative approximats'on of open market value. No deFYeciation is charged on land or buiklings. e) Depreciation on 8hort4em assets ts charged over the estimated u8eful life of the asset 88 follow8.. Audio visual and computer equipment 33.3% Church 80ilers 10.0% Liakn'lities are accounted for when there 18 a legal or constructlve obligation commbtb'ng thè charity to pay out resour. 2. TAN IBLE FIXED Tangible Fixed Assels are made up a8 foll. 025 2024 Church - 27129 Madeira Street Audio visual and ¢(MnpJter equip Church Boilers 110.000 5.138 110,000 10,278 134,194 141.716 The Trustees have retained the long-StandiNJ accountiryd value of the land element of the church property at £110,(KX). beirYJ a (y)nservative approximation of open market value. New aUdIcvIsUal equipment, cameras, screens and PA desk was purchased during in 2024 totalling £15,418. Depreciation of £5.140 (33%) was charged during the year. New boilers were installed in January 2024 at a cost of £23,820. Depreciation of £2,382 (10%) was charged during the year.
RElJlUNERATI Remuneration to the Tru5tee8 (excludir¥J mink8ters) arKI IrKleperthnt Examiner is as follows.. 2025 2024 Truste88 Independent Examiner Remuneration lo fu114ime minthr (Rev A Barbosa) during the year amounted to £37.352 (2024- £35.771). The average number of paid (er3 in 2025 was 2 {2024 - 2). In addition to the Minister, a thurch cleaner wa8 employed during the year. tod Pro Fund Balance at 30 September 2024 501,574 Inv88tm•nt Income 15,429 Tithing Grfts made durirva the year. Bethany Christian Trust Bible Society of Scouand BMS World Mission CAP Edinburgh Open Doors Renew Edinburgh Scripture Union - Magnitude South Leith Bapts'8t Churth Try Praying Edinburgh City Mission Lerth Churche8~ SU Holiday Club 10,000 5,000 5,000 5,000 2,000 Balance at 30 September 2025 464,003 This unrestricted fund was created on the sale of the churdi manse in July 2022. The proceeds have been set aside for future caMal projeds. At the church AGM in February 2024, a decision was made Confi1ng previous leadership reo)mmendation that a tithe of the proceeds from the sale of the manse shouky be given to a number of Christian charities consistent with the charitable purposes of the ¢hur¢h. A working group was set up In July 2024 and reported to the thurch in Octob8r 2024 with recommendations of 10 organisations arKI churches who would receive an aggregate of £53,000 from the manse proceeds tEkl in this Fund. These amounts were disbursed In November and December 2024.
Report to th• tru8t•8slmombers ol Indendent examlneVs report on th• accounts of Leith Baptist Church Registered chaTIty SC051916 number On th• accounts of th• charlty for th• porlod Perbj end date Y•w Y8ar 01 10 30 09 2025 Sot out on pao 1108 rwpon•lbllMI•8 of tru•t•ts •nd exwnlnor v•lth lh8 tenrn ofthe char5 aTh1 Trustee Inv9str IScoll•)dl 2005 Act and Ihe charrt AryJx¥ts ISo)tkTrJl 20. The chanty Injstees consid9r that tho 81t r•qu¥ of 10111 Id) ol th8 A(xrths Rul8tKS not 8PFAy. It 8 my IwtMiiNlity to examTh 8(¥£nts 98 rlITed undar 8e¢tion 44111 1¢) of tho Basls of Indop•nd•nl Kfy exanakn 18 ¢xrbJ kn ¥xxdaFTh V•h ROgtn 11 of th• CharlS 4mIne9 stat•m•nt A(Axmts lknttarKII 2Cth. An e¥amlnaikn itlLKl68 o of th8 rec(ds kopt by the cwtty x14 0)mFns ol the actounts pressn th aC0nIS and seeks eXptsnaty frTr the trtee8 concemkng suc mattars. The MItOn (kn 41 the v4kl8rKg that %jId be in an 8udlt and. rUanty, I do not OXFess 8n authl wnion on the 8c¢oun to sadi[ 4q11 la) 2(JJ5 Acl and R9ulatKm 4 of th8 2[ AccoJnts R8gulalws. aThJ ' RaltrC T(ff(• Ralph C Trffin 5 May 2026 Relevant prof10•1 qullflcatlonl$) or body Charteffjd Acc£Mr 111 any): Bsc FCA AMIM&E Addrw.. 19 Vélville Cwrt London SE8 5DR