Oban Baptist Church
Unaudited Financlal Statemonts
for the year ended
31 December 2024
Charity No: SC021242
Simmers & Co
OBAN

Company Llmitsd by Guarantee
Financial Statements
Yéar ended 31 December 2024
Page
Trustees. annual repcrt (incorporntin¥ the direC￿r.$ report)
Independent examiner's report to the trustees
Statemert of financial attrvioes (including income and expenditure accourt)
Statement of financial position
10
Notes to the financial ststements
The following pa￿$ do not fom) part of the finan¢lal rtatements
Detalled sratement of financial attl￿ties
21
Notes to the derailed statement of financial activrties
23

Company Limited by Guarartee
Trustees. Annual Report (Incorporating the Directorfs Report)
Year ended 31 December 2024
The trust￿ who are also the directors lor the purposes of company Saw, present their rewrt and
the unaudited financial starements ofthe charity for the year ended 31 t)ecember 2024.
R•l•r•n¢• and administAtive detalls
Registered charity name
Oban Baptist Church SCIO
ChArity registration number SC052046
Company regi5tratlon
number
SCO52046
Princlpal offlce and
reglstered
office
Oban Baptist Church
Al>any Street
Oban
PA34 4LG
The trustees
Independent ¢xaminer
Structur¢i governance and management
l-ezal and Administrative Status
Oban Baptist Church 13 established ty co1￿[u￿0￿ The church Is a Scottish Charitable Incorpornted
Or￿nIsatiOn (No SC052046}. The clwrch r5 congregaiional in policy. The trustee5 oversee the running
of the Church with ics day to day del¥dred to the Deacons. The Deacons are named on page l.

Company Llmlted by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report)
Year ended 31 December 2024
Recruitment and Appointmnt of Trustee5
The Trustees are appointed from vitthin the congreDrlon and members ofthe congreration are invited
to nominate individuals, who a￿ bdieved ro have the skills to be a Trustee. Trustees are then
appointed at the AGM and serve for a period of a year after which they must seek re-elettion at the
AGM.
Risk Management The TruStee￿DeacOnS assess the major risks to which the charity is exposed on an
ongoing ￿51S and have established procedures to miupte those that are identified as a result of these
Related Party Transattions
There are related party transaction& these are di5dosed in Note 11
Objertives and actlviti•s
The aims of the church are, as recorded in its eonststuuon. the advancement of the Chriscian faith
primarily in the area of Otrtn by all means Consis￿nt with the Chrisuan Bible. The church 15 affiliated
to the Baptist Union of Sc¢xknnd.
Stratezic report
The following sec¢ion$ for achlevements and perforn￿n￿ and financlal review form the st￿dt￿¢
rep)rt of the charity.

Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Directorfs Report) (&)thinu
Year ended 31 December 2024
Achievements and perfomiance
The Sunday AM Servi
We're so gfdteful for the chance to Dther together and celebratr the goodness and faithfulness of
God together. The school faciliue& whilst imperfeo continue to be suirable for a church meeting. As
noted in the previous year's reporo there are short Trrm issues as work t0￿drdS our long-term
objettive of a new. purpose-builc facility. In the meantime, we're gratef¥Jl that have a space suirable
to accommodate every sIn￿e person who identthes with OBC. along the numerous visitors we
gec and there is 5ti11 space left for those in our community wh0 seek to know more about Jesus. As
with previous years. experien￿ modest numerical growth in the church through 2024, with
approximately 125 adults and young people connecting acr055 a gtven month. Consistent Sunday
attendances still show room for improvemeni wtth many morning services seeing approximately two
thirds of that total number attending each Sunday. This has prompted some ro question the need for
the larger venue, and the costs that result from rentirkg the High School. but our mission a¢ OBC must
be the same as God's - that He will build His Church. This looks like many things, but on a numerical
level, it means faithful attendance and new conversions resultyng in numerical growth. Albany Street
church can't accommodate this central vision for us as a church. hence the move ro the school and the
redevelopment prolecL Our Sunday AM v￿rshiP ￿mS t*Kan to grow aKdin in the latter par¢ of 2024,
with a number of people offering their seNces to such an important aspecr of the Sunday morning
gathering. We also were 50 encouraged by the house group5 raking a Sunday morning each through
the Advent season, bringing all their ￿ and personalityes to the floor for the benefit of the
congregation. We seek to continue to develop this essential 'BapuK' try4it in 2025 and beyond.
The Albany Street Building Development
Whilst thi5 project ha5 moved slower than we V￿uld have liked, we made further proyess through
2024. We began to develop a stron& producttve relationship with a l¢xal fundraiser. and through the
latter part of 2024 have been seeking his athice on hc>w best to move foThwdrd with both the local and
larger-scale fundraising initrdtives. We also made Ydluable progress at the end of 2024 in ttjmpiling lists
of prospectlve mem￿r$ for fvndrdising and building team5. We hope that 2025 wtll be the year that
we really see momentum buikl in the pro1￿ 50 that everyone can tske hean and encouragement
from its progress.
House Groups
Our house groups continued as per pre￿0￿$ years - three groups. all their ovm unique 'flavour'
and focus, but all led by the same principles and with the same ultimate mission. Throughout 2024,
these essential spaces offered hospitslity and a ￿ace to grow deeper in fellowship and laith. At the tail
end of 2024. we saw one group 80 through some significant changes. hosts calling time on their
role, and we thank them for their willingnes5 to open their d¢)ors over the past few years and crea
space for the people of Trustees, Report 2023 OBC. We're hoping to confirm another Yenue in early
2025 for this group. As v*ith previous years. our desire is always to seek more small group spaces. so
that there can be a rnnge of midweek Katherings to support and Strengthen the church family in
ithveen the whole gathered congregation ew Sunday.
Other Gathering Spa
We've had plenry of other opportunttse5 to pther. worship and cdebrate through 2024. We hosted
mI￿10￿arIeS from our partner organisations (BMS. Tearfund) and celebrated life events with people
(baptisms and new memberships) alongside our routine church accivities. We started a Sunday night
movie spac< based around Yhe Chosen", which offered people the chance to come and ￿atch an

Company Llmited by Guarartee
Trustees, Annual Report (Incorporating the Directorfs Report) (e•ntwJu•d)
Year end•d 31 De¢ember 2024
episode every Sunday eYenin& follokn& by fellowship and conversation. This vrds attended and greatly
apFYeciated by pcople acr0S5 many genernuons. V4e also started a new worship and prayer gathering
¢very first Sunday ofthe morth. ￿led Encounter- one hour ofcontinuous v￿rshiP and prdyer. resting,
waiting and listening to God. This cuhiinaEgJ in a Carol Servic& where we Welcom￿ in the bty"nning
of the Advent season together. Our men'5 ttiiwiistry SPV Vtas ￿MPor4r11Y drawn to a close, with a
sense that it needed fresh ideas and rew perspectives. we hope to move forward ￿ this in 2025
so that mcye men will engage in fe1k)V+Sh￿ wtth each other - a men'5 minL%try is an excellent
opportunity men to take ownerthip nor jusc of thar ¢)wn fath bur the wellEeing of the brothers
alongside thern. As per prevh?us years. we're always Ic0￿"rE for new ways w gather people together,
and 2025 wlll see the beglnnlng of a push towards mini-missional cornmunities. where people c2n gather
around a common interest and grow in fellowship and faith there.
Yourh Mlni5¢ry
As with 2023, 2024 wrds a good year br our young people. They continued to meet regularly and grow
in faith. Our youth band met on a fewoccasions throughoutthe year, and we hope that we can become
more consistent in this in the months ahead. As wrth our prewous youth club, the issue of having
sufficient adults present has s(ynewha¢ hindered our progress. but v￿'re hoping that this will secde
and improve through 2025. Our youig pe• filla out forms near the end 012024. expressing their
preferred interest in S￿Ice of a Sunday morning gathering. There vrds great enihusiasm for this across
both the junior church and youth group, and so we're excited to get them pluggèg in at the beginning
of 2025 across all ams of Sunday AM church ministry life. We éid se.e SOMÈ ￿1 progress at the end
of the year in our engagement with the Hth Schts)l. TIE PaS￿r
High School Since 2016. and through 2024 continued in service to r
has a chaplain at Oban
e students there at clubs, various
assemblies. memorials and SerVi￿s. As with trnious years. the 8ames club conttnuad to run on
Thursday lunchtimes. with up to 3D >oung people attendin& This promptedllllo reach out to the
school leadership abo￿ the pcxenti31 of running a Youth Alpha cours¢ in Trustees, Report 2023 the
school during the week, al￿ at the ffid of 2024 this was given approval. This is an important mi¥¥on
opportunity for the church - offering this generation an alternative way of lrfe - and the new course
aims to srarc around Easter of 1025.
Community Outreach Progr4ms
Both of our organised outreach progr4rns {Noah's Ark and khool Unifrxm RedistrlLwrlonl mainralned
thÉir excellent activity throu#bOUt 2024. with corsistent and FO5￿ve engagement across many
demographics of the Oban and Lorn communKy. Both are miglx be terrned soft evange115m space5
Jesus is represen¢ed consistendy to the at￿ndee5, and pr4yer gtven that opwrtunitses to share the
80spel might arise. We count li as a privilege to cpen our door5 to new life and young life, showing
them that the church 15 a place d Nyelcome and hosplcaliry. We also counc it as a pmilege to offer
yQUn8 families support through free school unifomi- our cakulauons for the pro1￿t SU￿eSt that ￿￿'ve
wnanaged to save famllle5 In the Oban communrty seVtr￿ thousand punds through the redistributton
projeffj and we look fOr￿ard to 2025 knowing that we can convey something CA the love of God in
Chrlsi throu8h this projecL

Company Llmited by Guarantee
Trustees. Annual Report {Incorporating the Dlrectorfs Report) (¢onthu•d)
Year ended 31 December 2024
Community Swvice Users
We opened our doors to several community groups through 2024: The A4 Alinon, the NHS, a dance
group and a local mental health group. We count this as an important means of serying and supporting
our local community in its variou5 need$. We did get r￿nt notiftstion that the AA had decided to
move to a newer premises nearby. and we wish them ￿￿11.
We are reminded in this that there 15 a need for us to press on our with our building development so
that we can create a facility that trusted parmers can enjoy and use for the needs of their groups.
Mission.. Local and Beyond
Our mission partners and focuses remained as they Y￿re from previous years - OBC wfting l 0% of Its
projectrd budget each year tovr4rds local and international mission partners. We were privileged to
host our BMS Thailand missionaries in the summer of 2024. vthere we heard all atcsut their incredible
gospel and community work in Wang Daeng. Like u4 they are a growng fellowship with a heart for
local mission. including a new building developmenE so vle were gt7Eeful to hear from them on the
victories and challenges of Christian lrfe. many of which were very similar to ours. We contsnued to
support local organi5auons that v￿e viilling ro priorities the gospel of Jesus Christ and will review this
again at the AGM in 2025.
Flnan¢ial revi•w
Prlncipal Source of funding
The church receNes its funding from church members by way of weeWy offeriny and Glft Aid
donations.
Results for the year
The financial statements for the year are set out on pAges 9 to 23. Total Income in the year was
£74.410 (2023 - £74,479). of which £5.205 {2023 - £4,895} vo5 restricted and £69.20512023 £69,584)
Wa5 unrestricted. Total expendt¢ure £74.655 (2023 - £98,218)ol vthich £195 (2023 - £27,378lwas
re5¢ricted and £74,460 12023 £70,840)vtas unrestritted. Total reseThes at the year-end were
£536.443 12023 - £536,688). of which £nil (2023 £nil) vrds resrricced and £536.443 12023
£536.688}was unrestricted.
It is the policy of the church to maintain free reserves i.& fund5 not committed or invested in fixed
assets at a level which equates to approximatety three months unrestricted expenditure. This allows
Suff￿lent to enable the ongoing work of the church ro be m&ntained. The net current assets amount
to £80.Crf)1 (2023 £80.155) and is above the required level.

Company Limlted by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report) {¢ortlAu•dJ
Year ended 31 December 2024
Plans for future periods
Like premous years. ￿E've had SO￿ wonderful throughour 2024 - hoxing International
missionarie4 Ynter baptiyns in the sea a[ &"g Ganawan, deep faith-filled conversations on the ministry
ef Jesus at The Chosen gatherin￿ and special vnr5hip nighr5 alongsldè the beauty of the routine,
regular Sunday morning serrices. We've math some progress in key areas. and we've also seen that
much t[￿re 15 needed ift order to Trustees. Report 2023 see the mission of God Iwed out and realised
around u5. ￿,$ been a year of grovrth and learnin& and we look forvrdrd to 2025 wth a sense of
renewed hope thar everything we're doing can rnake a8￿ulne difference in the li%es of those we meet
and connect W￿h. We're $0 grateful to all the vc4unteers who give so much of th*nselves for the sake
of cther5, and most Imporcanttry in *rvice to ChrisL They are the Church. and we know that God
sees and aPprecia￿S all thar efforts as m¥Jch as vle do. We've not reachtsj our ruk - we're far from
It, and we'll never be trAt until Christ returns, but we have done our best this year and we Icok ahead
to 2025 w¢h a prayer that ￿￿.11 contnue to 8row and mature in all thngs Chrsr $0 that Obin can be
fdnsformed for its Kin&
The trnstees, annual report and the Strategic report were aFproved on 4 June 2025 and sIg￿d on
behAlf of :hF b02rd of trustees by..
Trustee
Ti"us(4$1

Company Limited by Guarantee
Independent Examinetrs Report to the Trustees of Oban Baptist Church SCIO
Year ended 31 December 2024
I report to the rrustees on my examination of the financial 5ratements of Oban B3PUSt Church SCIO
('the chari¢y') for the year ended 31 December 2024.
Responsibilities and basis of report
As the trustees of the comF4ny (and also r¢s direttor5 for the pur￿Se5 of company law) you are
responsible for the preparntion of the financial Sta￿ments in accordance with the requirements of the
Charities and Trustee Investment {S¢otland) Acc 2005 ('the 2005 Att.). the Charitie5 Accounts
(Scotland) Regulatyons 2006 (as amended} and the Companies Att 2W6 ('the 2CQ6 Act,). YoLt are
sau5fied that the accounts of the tompany are not required by chariw or company law to be audited
and have chosen instead to have an independent examinaiion.
Having satisfied myself that the acmunrs of the company are not required to be audited under Part 16
of the 2006 Att and are elwble for independent examination, I rep)n in respect of my examination of
the chariry's accounts carried out under settion 44(1)(c) of the 2005 ACL In carrying out my
examination I have foll0v￿ the requirements of Re8ulatyon I l of the Charities Accounts (Scotland)
Regulations 2006 (as amended).
Ind•pendent oxaminer's statement
Since the charity is required by company law to prepare its accounts on an accruals basis and is
registered as a charity in Scodand your examiner must be a member of a t￿lY listed in Regulation
11 {2) of the Charityes Accounts (Scotlandl Regulations 2006 la5 amended). I can confirm that l am
qualified to underrake the txamination because l am a wswed member of the Insututr of Chartered
Accounrants in England and Wales (ICAEW) vthich is one of the listed bodies.
I have completed my examination. I confirm thac no ￿￿tter$ have come to my attention in connection
with the examination W'ving me cause ro belie
accounting records V￿re rK)t kept in respect of the charity as required by secuon 386 of the
2006 A¢ sec¢ion H(l>(a) of the 20)5 Act and Regulation 4 of t￿ 2006 Accounts
Regulations; or
the financial sratements do not accord y￿th those records or with the accounting
requirements of Regulation 8 of the Charities Accounts (Scoriandl Regulations 2006,. or
the financial statements do no¢ comply the accounting requirements ol sec¢ion 396 of
the 2006 Act other than any requirement that the accounts give a 'true and fair. view which
Is n¢X a matter considered as part of an independent examinats'on,. or
the financial statements have not been prepared in accordance with the methods and
principles of the Statement of Recommended Prattice for accounting and reFK)rting by
harities applicable to chariries preparing their accoun￿ in accordance with the Financial
Reporting Srandard applicable in the UK and Republic of Ireland (FRS 102>.

Company Llmited by Guarartee
Independent Examinerfs Report to the Trustees of Oban Baptisl Church SCIO
[￿￿11n￿
Year ended 31 December 2024
I have no con￿M$ and have come across rK> other matters in connection with the ex2mination to
which atte￿10￿ should dravm ir this rewrt in order to enable a prow understanding of the
2ccounis co be l'eached.
Ind*p¢ndeni Examiner
Simmers & Co
ChArtcred Ae¢ountants
Albany Chambers
Albany Street
Oban
Argyll
PA34 4AL

Company Limited by Guarantee
Statement of Financlal Activities
{including income and expenditure account)
Year ended 31 December 2024
2024
Unrestricte Restricted
d funds
funds
2023
Total
fund5 Total funds
Note
Income and endowments
Donauons and legacies
Other trading attivitie5
64,851
4,354
5.205
70,056
4,354
69.959
4.520
Total Income
69,205
5.205
74.410
74.479
Expenditure
Expenditure on raising funds:
Costs of raising donations and
legacies
Expenditure on charitable acttvities 8,9
73.511
949
195
73,706
949
97,303
915
Total expenditure
74.460
195
74.655
98,218
Net Income
(5,255)
5,010
(245) (23,739)
Transfers between funds
5.010
{5.010)
Net movement In funds
(245)
(245) (23,739)
Reconclliatlon of funds
Total funds brought forward
536,688
536,688
560,427
Total funds carrled forward
536.443
536.443
536,688
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activive5.
Th• nots¥ on pages 10 to 19 forni part of th¥￿ fbnanclal stat•m•nts.

Company Umited by Guarantee
Notes to the Financial Staternents
Year ended 31 December 2024
2024
2023
Note
Fixed assets
Tangible assets
14
456,442
456.533
Current assets
Debtors
Cash aL bank and in hand
15
5,382
76,411
5.902
76,6H
81.793
81546
credito￿ amounts fallln8 due within one y¢ar
16
1.792
1391
Net current assets
80,CQI
80,155
Total ass¢ts le55 cuTrent Ilabllities
536,443
536.688
Net assets
536.443
536.688
Funds of the charity
Unrescricted funds
536,443
536,688
Total charlty funds
536.443
536,688
For che year ending 31 December 2014. the charity entitled to ¢x¢mp¢ion from audit under section
477 of thè Companies Acc 2006 reiaung to small companies.
Dirèc¢ors' r•sponsiEilitye
The menknrs have not requirtsl the company to obtain an audt of its financHI stacements for
the year in question in ac￿rdar¢e with settion 476:
The direttor5 acknoyledge thek responslt411ty.es for comPl￿.ng v￿th the requirements of the Act
with respect to acc(yJnting reccrds and the preparation of fftnanc41 statements.
These financlal xatements have preF4red in accordantt with the proMsion5 applicable to
cornpanles subjett to the small comF4nies' r￿'rne.
These financial ttxtemwts V￿re approved by the board of trustees and authorrsed for issue on 4 June
2025, and are signed on behalf of the board iy.
Trustee
ITIl[.T4fT
part ofth•s• financ
al statèw*nt$.
10

Company Llmlted by Guarantse
Notes to the Financial Statements
Year ended 31 December 2024
General infornmtion
The charity is a public benefit entiry and a priY4te company limited by guarnntee. regI￿red in
Scodand and a wstered charity in kothnd. The address of the wstered office is Oban Baptist
Church, Albany Stree¢ Oban, PA34 4LG.
Statement of compliance
These financial statements have been prepared in compliance with FRS IOZ The Financial
Reporting Standard applicable in the UK and the Republic of Ireland., the Statement of
Recommended Prdttice applicable to charityes preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (Chariues
SORP IFRS 102)) and the ComFanies Act 2006.
Accountlng policles
Basls of pr¢paration
The financial statements have been wepared on the historical cox basis. as modified by the
revaluaoon of cenain financial assets and liabilities and investment properries measured at fair
value through income or expendlture.
The financial Matemerts are prepared in sterlin& whith is the functional currency of the enuty.
Goln8 ¢oncern
There are no material uncw¢ainties abo￿ the charity's ability to continu
Judgements and kèy sources of ¢rtimation uncertalnty
The prepardtion of the financial statements r4uires management to make judgements, e5ufffdtes
and assumptions that affect the amounts reported. These estima￿ and judgements are
continually reviewed and are ￿Sed on experience and other fattor5. including expettations of
future events that are believed to be reasonable under the circumsrance
Fund accountin8
Unrestricted funds are available for use at the discretion of the trusrees to fijrther any of the
chariry'5 purposes.
Restricted ftjnds are subjected to restric¢ions on their expenditure declared by the donor or
through the term5 of an appeal and fall into one of two suIKlassth restritted income funds or
endoNvTnent fund5.
The note5 on page• 10 to 19 form part of fin￿cIal $tatements.
11

Company Limited by Guarantse
Notes to the Flnancial Ststsments (wrfknu•o)
Year ended 31 December 2024
Accountlng pollcles f¢onllou•d)
Financlal instruments (eonthwdj
Incoming resources
All incoming resources are induded in the statement of financial acuvities when entitlement has
passed to the charity.. It is probable that the ecorbomic benefiLS associated with the trdnsattion
will flow to the charity and the amount can te reliabty measured. The following specific policies
are applied to particubar categoriu of incon
income from donations or grnnrs is recognised when there is evidence of entitlement to the
grf( receipt is probable and its afr￿Unt can be measured reliabty.
le￿cY income is recognised when receipt is probable and entidement 15 established.
income from donated goods is measur8J at the fair Value of the goods unless this is
imprortical to measure rella￿y. in whKh case the value is derived from the cost to the donor
or the estimated resale Ydlue. Donated facilities and services are recognised in the accounts
when received if the value Can be reliably measured. No amounts are included for the
contribution ofgenerdl volun￿r
income from contrdtts for the suppty of servitrs is recoznised with the delivery of the
contrntted service. This is classified as unrestricted fund5 unless there is a contrartual
requirement for 1¢ to be spent on a particular purpose and recurned rf unspenL in which
case It may be rerdrded as restricted.
Resources •xpended
Expenditure 15 recognised on an accruals basi5 a5 a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered. and is class¢fied under headings of the statement of financial
accivittes (o which it rdates
expenditure on fdising funds includes the costs of all fundrdising aaivities events. non-
chart¢able trdding activities, and the sale of donated goods.
eXp￿lture on charitable activities includes all costs incurred by a chariry in underraking
attivities that further its charitsble aims for the benefrt of irs beneficiaries. including those
support costs and costs relating to the governan￿ of the eharity apportioned tn tharittble
attivities.
other expenditure includes all expenditure that is neither related to raising funds for the
charity rw part of its eX￿dI0Jre on d4ritsble activiti
All costs are allocated to expenditure categories rdetting the use of the resou￿. Direcl costs
attributable to a single actiry are allocated direcdy to that acuviry. Shared tosts are apporrioned
be￿￿n the acuviues they contribute to on a reasonab[4 juscrf￿b1e and consistent basi&
12

Company Limlted by Guarantse
Notes to the Financial Statements (Condn￿l)
Year ended 31 December 2024
Accountlng polldos {¢
Flnanclal Instruments {COnlknu¥dJ
Tan8lble ass¢ts
TanglE￿e assets are initially recorded at cost and subsequendy stated at cost le55 any accumulated
depreciation and imFqirment losses. Any tsnsTble assets rorried at rewalued amounts are recorded
at the fair Ydlue at the da￿ of rerdluation less any Subsequent accumulated depreciation and
subsequent accumulated imFAirment los
An increase in the carrying amount of an asset as a re5uli of a revaluation, is recognised in other
recognised gains and losses. unless it reverses a charge for impairment that has previously been
recognised as expenditure ￿￿thin the Sta￿ment of financial acuvities. A decrease in the carrying
amount of an asset as a resuk of revaluation, is recognised in other recognised pins and losses,
except to which it offsets any previous rwdluation rdin. in vthich case the loss is shown within
other recognised gains and losses on the statement of financial accivities.
Deprnciation
Depreciatlon is cakulated so as to vffrte off the cost or valuation of an asseL le5S its residual
dlue, over the useful eCor￿mi¢ life of that asset as follows:
Impalmient of fixed assets
A review for indicators of impairment is carried out ar each repor¢ing date, with the recoverdble
amount being estimated where such indicators exisL Where the carryin8 ￿41￿e exceeds the
recoverdble amoun¢ the asset 15 impaired accordingly. Prior impairn)ents are also reviewed for
p)ssible reversal at each reporting date.
For the purposes of impaiment tesun& when it is not possible to estimate the recoverable
amount of an individual asseL an estimatr is made of the retovvable amount of the cash-
8enerating unit to which the asset belong& The cash-generau'ng unri is the smallest identifiable
group of assets that includes the asset and generates cash inflows tha¢ largely independent of the
cash inflows from other assets or groups of assets.
Financlal Instruments
A financial asset or a financial liability 15 recognised onty Wh￿ the charity becomes a pary to the
contractual provisions of the instrumenL
Basic financial InS￿ments are ini(ially recognised at the amount receiwable or FAyable induding
any related trdnsattion costs.
Current assets and current liabilitie5 are subsequently measurd ar the cash or other
consideration expected to be paid or received and not discounted.
13

Company Limited by Guarantse
Notes to the Financial Statements (¢onthwo)
Year ended 31 Decembor 2024
Accountlng pollcles {W￿￿U
Financial In8trumgnts (con
Other financial instruments are subsequently measured at fair Yalue. with any changes rec¢)gnised
in the llatement of financHI acuvities. with the exception of hedwng instruments in a designated
hedg'ng relationship.
Financial assets that are measured at cost or amortiseA cosr are reviewed for objective eviden
of impairment at the end of each reporting da￿. If th￿ is objecrive evidence of impairmen¢ an
impairn)ent loss is recognised under the appropriate heading in the statement of financial actyvities
in which the initial gain vrds recognised.
Any reversals of impairnient are recognised immed¢ately. to the eX￿t that the reversal does not
result in a Carr￿n8 amount of the financial asset that exceeds what the carrying amount would
have been had the imF4iinnenr not previously been recogni5ed.
Limited by guarantee
The charity is a Scottish Charr¢able Intorpordted Orrdnlsation and thus the liability of each trustee
is limited.
Donations and l•gacl•s
Unre5rricted ReStriC￿d
Total
Funds
Funds Fund$ 2024
Donations
Offerings - Genernl
Offerings- GiftAid
Offerings - Income tax claims on Gift Aid
Other donations
Tear Fund
18.616
37,118
8,759
18,616
37,663
8.759
4.808
210
545
4.660
210
64.851
5,205
70,056
14

Company Limited by Guaranteo
Notes to the Flnancial Statements {l￿￿dI
Year ended 31 December 2024
Donatlon8 and legacles (eontlnu•dJ
Unrestricted Restricted Total Funds
Funds
Funds
2023
Donations
Offerings - General
Offerings - Gift Aid
Offerin8s . Income tax ¢laims on Grft
Other donation5
Tear Fund
18,767
33.319
10.711
n3
18,767
33.319
10,711
5,618
1,544
4.895
65.064
4.895
69,9S9
Other trading artivltl•s
Unrestricted
Total Unrestricted Total Funds
Funds Funds 2024
Funds
2023
Donations for use of halv church
Income from Noah's Ark
Other income
1.851
1399
1,851
1399
1,091
3,388
41
3.388
41
4.354
4.354
4,520
4.520
Costs of ralslng donations and l*gaci•s
Unrestricted Restricted
Total
Funds
Funds Funds 2024
Costs of rdisin8 donations and lerdcies- thurth
operation
73.511
195
73,706
73.511
195
73,706
Unrestricted Restritted Tornl Funds
Funds
Funds
2023
Costs of rnising donation5 and legaoe5- church
operation
69,925
27,378
97.303
69.925
27,378
97.303
15

Company Limitsd by Guarantee
Notes to the Financial Statements io7nthiwd)
Year ended 31 December 2024
xpenditure on charitable activities by fund type
Unrestricred
Totsl Unrestricted Toral Funds
Funds Funds 2024
Funds
2023
SLSPPOrt costs
949
949
915
915
Expenditure on charitable activities by activity typ•
Support Total funds
cosrs
2024
Total fund
2023
Governance costs
949
949
915
l O. Net expenditurn
Net expenditure is srated after charyngl(credt¢in&):
2024
2023
Depreciatyon of tan8s￿e r￿ed assets
390
330
I l. Ind¢pendent examlnatlon fees
2024
2023
Fees pardble to the independent examiner for.
Independent examination of the financRI statements
Other as5ufdnce seThfices
567
315
535
381
882
916
12. Staff costs
The rool 5tsff costs and employee benefrts for the reponing penod are analysed as follows:
2024
2023
Wages and salaries
Other employee benefits
20,030
3.621
20.026
3,394
23.651
23,420
The average head count of employees during the year 2 P023: 2).
No employee received employee beneffts of more than £60.000 during the year (2023: Nil).
16

Company Limited by Guaranteo
Notes 10 the Financial Statements {¢ortinMaJ
Year ended 31 December 2024
13. Trustee rnmuntration expenses
During the year
Charity was pat
v*ho is an eM￿O>te of the Charicy and a Trus￿ of the
Stipond £20,135 (2023 - £20.112)
Car ￿lo￿anCe l Mileage £105 ',2023 - £54)
Pension £3,600 (2023 - £2.65*
As is cuswmary. the charfty also pald the follo￿.n8 Imng expenses:
Rent £7200 (2023 - £7.200
Councll Tax £3,190 (2023 £3,114)
Heat & Ught £51712023 - £621)
Telerthone £169 (2023 - £4721
No reMUnerat￿n or other berefits from employmert V+ith the tharity or a related enuty b*re
received by any other trustee5.
14. Tangible fixed assets
Freehold FNtures and
properry
frrings
Total
Cost
At l January 2024
Addition5
455.214
1,649
299
456,863
299
At 31 December 2024
455.214
457,162
Depreciatlon
At l January 2024
Charge for the year
330
390
330
390
At 31 D•umb•r 2024
no
no
Carrying amount
At 31 December 2024
455,214
1.228
456.442
At 31 December 2023
455,214
1,319
456,533
15.
Debtor5
2024
2023
Prepayments and accrued income
Other debtors
1,539
4,363
3,776
5.382
5,9)2
17

Company Llmited by Guarantee
Notes to the Financial Statements {contsnu8oJ
Year ended 31 December 2024
16. Creditor% amounts falling due within one year
2024
2023
Accruals and deferred income
1,792
2.391
17. Analysis of charitable funds
Unrertrirted funds
At I
January
2024
At31
December
2024
Income Expenditure
Trdnsfers
General Fund
536.688
69.205
(74,460)
5.010
536.443
Atl
January
2023
At31
December
Income Expendiwre
Transfers
2023
General FLtnd
554.800
69.584
{70,840)
(16,856)
536.688
Restricted funds
At31
At I
January 2022
December
Income Expenditure
Transfers
2024
Restric*d Fund
5.205
(195)
(s,o10)
At31
December
l January 202
Income Expenditure
Trnnsfers
2023
Re5trictrd Fund
5,627
4.895
(27,378)
16,856
Purposes of restricted funds
Building fund
Donations were receNed to fund the proposed redevelopment of the church to accommodate
increasing attendances and make it fit for purpose.
18

Company Limlted by Guarantee
Notes to the Financial Statements (Mntht*)
Y•ar ended 31 December 2024
18. Anatysis of net a￿ets b•tween funds
Unrestritted
Total
Funds Funds 2024
Tanpble fixed assets
Current assets
Creditors less than l year
456.442
81,793
(1,792)
456.42
81.793
(1,792)
Net assets
536.443
536,H3
UnrestricteAI Total Funds
Funds
2023
Tangible fixed a$5e¢s
Current as5ers
Creditors less than l year
456,533
82,546
{2.391)
456,533
82,546
(2,391 }
Net ass•ts
536.688
536,688
19. Financial Instruments
The carrying amount for each category of financial inwument is as follows:
2024
2023
Financial assets measured at falr value through income and expenditure
Financial assets measured at fair value through income and
expenditure
536.629
539.080
19