Xcel Church Scottish Charity Number SC052062 Annual Report and Financial Statements For the year ended 31hh June 202A CEL CHURCH Administratlve Informatlon Trustees.. Independent Examiner. Bankers.. Royal Bank of Scotland Bank Street Portree Isle of Skyè IV51 9BX Prinapal Address and OSCR Address.. Rubha an Dunain Peinmore Portreé Isle of Skye IV519LG Websrte.. www.xcel-church.o .uk Charity Registrati(M Number. SC052(E2 Trustees Re ort For the Penod ended 30 June 2024 The Trustees have the pleasure of presenting their report together wth the financial statements for the period ended 30 June 2024. Structure ove nce and Mana ment The Charity is a Scottish Charitable Incorporaled Organisation {SCIOI.11 was registered in its current legal form on 12 October 2022 at which date the assets of Ihe unincorForated organisation were transferred to the SCIO It has a single lier structure and as suckn the trustees are the members of the thanty. Charftable Ob'ectives an Ji The Churth's purpose is the advancement of the Chrisban faith, and in furtherance of this.. To advance the Chrisb'an faith in accordance with the Statement of Beliets. in such parts of Portree, SD)tland or the wodd as the Trustees may from time to time think fit and to fulfil such other purposes which are exdusively charitable according to the law of Scotland and are connected with the charitable work of the tharity. To benefit the public by the furtherance of Evangelistic and othef Christian work in Portree and throughout the wortd. To advance Chrisb'anity through preathing, leaching and public4sing the Christian faith as revealed in the bible. To relieve or assist those in spiritual. physiGqI or emotional need in such parts of Portree. ScLJlland and the wodd as the Trustees may from time to time think fil. To prevent or relieve poverty in such parts of Portree, Scotland or the wortd as thè Tnjstees may from time lo time think fit. Trustees and nisational tructure The Church is independent and non-denominational. The Trustees are responsible for the Church's govemance and engage the services of a support farilitalor to assist with aspeL#s of Ihe administration and operational duties involved in the running of the church. The Leadership team (separate to the Trusteés) are responsible for the spiritual direction and vision of the church. weekly services, and the organising of community and outreach events. ointment of Trustees The Trustees normally meet monthly. Trustees are elected at the AGM. Prior to appoinlment, Trustees would have served the thurch for some time in various roles and would be familiar with the church's values, aims, objective5 and operations. There must be a minimum of 5 and a maximum of 8 Trustees. As part of their induction, Trustees are required to understand their statutory responsibilities and are refe￿ed to the OSCR publi(£ts'on, Guidance and Good Pra(#ice for charity Trustees. Actlv X(*l Churth conducts weekly family thurch services open to public att6ndants to promde Biblical based leaching and communal worship. A programme of events is rnn in the community throughout the year engaging adLtits, youth and children. Funds are raised through donations for the furtheran￿ of Cttnstian work in the local ￿MMunity and around the worfd via missionary organis8tions. The church and its assouates support directly and indifedly other local community groups in areas such as Young Carers. Achievements and Perfomiance Weekly Church serwces together with Crethè, Sunday S(*ool and Youth programmes provide biblically based teaching, guidance and training. SeNces and faolities have been provided voluntsrily to regular attendèes and all members of the local community. XCEI Church has throughout the period served thè wider community as a centre for bibli￿1 ministy, spiritual support and guidance, in addition to prO￿ding public seNr2s at Easter and Chri5trnas, induding a Light up a Lifè Carol Service in aid of Highland Ho$picE. Opportunities for use of the Gathering Hall in a suk>letts'ng capacity have conts'nued on an ad hoc basis in support of community groups. local charities and individuals. generats'ng charitable receipts and donations in accordance with the thaiitable objectives. Outreach to the local ummunity has incorporated public events induding a Wnterwonderfand Family day, in addition to local cDmmunity gatherings, children's actiwties and on occasion practical support to those in crisis, deprivalron or other areas of spiritual, emotional or physical need. This also includes The Keys Projed, a Recovery Group where those in addirtion can participats in a recovery ￿mrnunty. through weekly groups and peer support. induding medical liaison and practical supporL Interest in mission work throughout the UK and the wodd has continued with ongoing support and donations provided to Compassion and Blythswood. Prin¢l I ources of Fundln The thurth receives its funding from church attendees and visitors by way of offerings and donations induding Gift Aid donations. Charitable re￿iptS are generated from the ad hoc rental and use of the Gathering Hall by local charities, community groups. organisations and individua15 eg weddings. rant Makin ollc The church makes grants from its income to individuals and organisations, gènerally known to the Tfustees and the church. The benefiriaries are involved in a￿"￿tieS or ministries compatible with the thurch's objectives. This report was approved by thé Trustees on Thursday 21 st March 2025, and sgned on their behalf by. Trustee X¢el Chur¢b Sw#iih Ch•rny Number SCO52062 Indepekndent emminer s rewrt to thc cimnmittrt On the uts*odt*d a<¢ounts ofxetl Thurch. l Lwrt ott the •c¢ount¥ of the ¢W forth¢ ytAtellded JOthJw?e 2tr24 att set C4bt eD PA￿5 7 to 8. R¢6P¢¢liTrt wtrpo￿￿ilItte* •nd IthPe￿d￿1I£ exRtyiDeT The ch*titfs TN¥tccy llrt rt1P￿Ibk rot Ehc prep•i#ÉiisJ of th¢ 4CCOVDts W K¢otd4ace mEh the terrJS of the th￿ille$ d Tmst¢e IDvcstrAent Aci 2￿5 And the Ch￿tieS Accouutj Iscothttdl Re￿￿tiO￿￿ 200&. Ise &nty t￿sIce￿ cOn￿a¢KIh•1 the oudit T4uircthcttt Df Rcgu]AtiOrt IODI11 of the 2006 Act¢>￿ Re8wlgthvn5 does not ap￿1 11 15 TLY ltSPlls￿jknty to eX￿￿￿￿e the AccaufLt% AJ TrqUI￿ ￿￿erst￿tle￿I 44{1} Ic) dthe Aci to $14re whethti m#ttersh4v¢ cllS. Aod ' ttsprtPAie 4CCOlWtJ wknrh 4ccod With the llccountsllg Le¢oth and c(smpty with ]le￿att0￿ g of the 2tK)6 Accounts RwlitsL¥JS hg*t not betn met. OT 2 to Jts my •tt¢Ltson 8knldbc drawn in otd¢tto ¢￿ble * pryetuthdentath4 of th¢ A¢covnls lo be teacbtd VolbDtxry Attts￿ InchAber Aa Droch*i<4 RoAd Fort PH33 6FH X¢tl tJurch Receipt& PayDents Aecouots For the Ye￿ end¢d 30tb June 2024 Srotfish Chmrity Ny￿be￿ ￿052061 Ycw to y¢￿ lo Y¢wr t(* Ye•t 2024 2024 2024 2023 Ufttttstsicted ReBtricted TotAi Recyts Noies ohi & Grants lrttcttst R¢resw 1￿chIn￿lAt AclsvitJ25 20,616 50D 21.116 18.760 25 3.430 10.219 10219 Tot*1 R¢ce4?t• 30,817 22215 P2yment8 Co51 of O*tstJble ActlVit¢¥ ofE8uspffl¢nt 30.924 2,082 3L424 2082 15294 1260 Tots] Paymellt¥ 33,006 33,506 L6.554 Suglus1(tk5citl thc Y¢•[bt￿ tt*rasfe Trynsfcts ￿Jr￿1 (2.17 12,1701 5,661 170 61 St¥ew¢tyi pfBAkntt¢¢s- u llt30th June 2024 s￿01 S￿1 5th) 5th) 22 15 22215 16.554 36,497 3J.006 36.997 33506 Clo•￿￿ At bank and in hNthd 61 Bank ￿￿1 C*ah BA1￿Cell Rcscrvt ￿¢(Unt Our$tA￿ling)￿￿TS 3.491 3.491 9&10 61 2u" JknneO2. *lt*B oth Jfj knllpart ofthox 6th•0¢*￿ •¥t*mthits >knl Chtsr¢h Swtrlsh th¥ltyk￿rn￿*rsc05Zu Not*Stothe•¢¢•utyts F•rth• ￿aleNded W24 The5E have beèn preparèd on the Recelpts and Payments basis in a