YOKER EVANGELICAL CHURCH SCIO ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 REGISTERED CHARITY NUMBER: SC052428 (Previously Yoker Evangelical Church SC001118)
YOKER EVANGELICAL CHURCH SCIO CONTENTS Page Eldership and Professional Advisers Eldership Report 2to5 Independent Examiners, Report Statement of Financial Activities Balance Sheet Notes to the Accounts 9t015
YOKER EVANGELICAL CHURCH SCIO ELDERSHIP AND PROFESSIONAL ADVISERS (resigned 29 May 2024) (resigned 2g May 2024) (appointed 29 May 2024) (resigned 28 February 2025) ESTABLISHED 22nd March 2023 REGISTERED CHARITf NUMBER SC052428 ADDRESS BANKERS CAF Bank Ltd. PO Box 289 Kings Hill West Malling Kent ME19 4TA INDEPENDENT EXAMINER Nelson Gilmour Smith Mercantile Chambers 53 Bolhwell Street Glasgow G2 6TB
YOKER EVANGELICAL CHURCH SCIO ELDERSHIP REPORT FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their report for the year ended 31 March 2025. The charity previously operated as an unincorporated organization under the name of Yoker Evangelical Trust {OSCR charity number (SC001118). The charity has adopted merger aco)unting a8 of1 April 2024 to produce merged accounts for the period ended 31 March 2025. OBJECTIVES AND ORGANISATIONAL STRUCTURE The objects of the Church are the preaching and teaching of the Gospel and the Scriptures to old and young, and of the doctrines of the church. At the Annual General Meeting of the Church th8 membership elect or re-elect a Pastor, Elders and Deacons. With regard to the Offi of Pastor, re-elaction will be assumed, without any formal decision to that effect, unle55 the members or the seNing Pastor give notice of their unwillingness to support re-election, for whatever reason, and such notice shall be given at least six months previously at a meeting of the Church. In the case of the other elders, they are elected for a three year term. The Elders take all decisions concerning the Church. Day to day pastoral care is delegated to the Pastor, Greig Ferguson. The existing elders are responsible for the induction and training of new elders. LEGAL AND ADMINISTRATION DETAILS Yoker Evangelical Church SCIO was incorporated on 22 March 2023 (Yoker Evangelical Church, SC052428) and is governed by this Constitution. The SCIO took over the assets of Yoker Evangelical Church (SC001118) as of 1 April 2024. The OffiGe holders set out below have held Offi during the whole of the period from 1 April 2024 to the date of this report unless otherwise stated. REVIEW OF FINANCIAL POSITION The ChurGh had a deficit of £1,031 for the year (2024". surplus £342,744) and this has been transferred to reserves. The Church spent £508,904 on the renovation of the church in the year which has been capitalised. This was funded frorn reserves. The principal Sour of funding is donations (including legacies) Both the level of activty and the year end financial position were satisfactory.
YOKER EVANGELICAL CHURCH SCIO ELDERSHIP REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 DEVELOPMENTS, ACTIVITIES AND ACHIEVEMENTS In this past year we have continued to grow together. The year was dominated by our building renovation. We were very thankful to be able to move our worship SeNiS to Clyde Court Care Home. Meeting there enabled us to continue worshipping together and to serve the residents of the care hotne. We were also very thankful for th8 money that God provided to make the renovation possible. We have fixed a variety of building issues. leaks, rot, structural, as well as modernising the appearance. We are also delighted that we were able to add another kids work room and to double the capacity of our auditorium. We returned to the building in October and have enjoyed settling back in. Though our building is important, we remember that our focus remains to love and serve our community and one another as we grow together with Jesus. We meet on Sundays to Worship God and to be challenged and encouraged by the Bible. Our other midweek ministries continue to help Christians to grow in their relationship with God, as well as to prodaim the good news of Jesus to those who do not yet follow him. Below our ministries are grouped into two categories. Church Disci leshi Ministries: Sunday Morning Worship servi wrth Sunday School for thildren Sunday 5pm Service wrth meal togelher aftemards. Midweek Meeting - This is either a Prayer meets.ng or a Visiting Speaker. Annual Conference. We continue to encourage more informal discipleship. Encouraging people to meet with friends to study the Bible and pray. Communit focused rninistrie8 As a church we want to tell people about Jesus at the same time as being a positive presence in the community. The ministries with thi5 focus are: Café Emmaus The Women's Meeting Church Youth A Toddler Group called 'Noah's Ark,. School Chaplaincy - KnightswocKI Secondary and Clyde Primary All of this we do for the Glory of God and for the good of Yoker and the World.
YOKER EVANGELICAL CHURCH SCIO ELDERSHIP REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 ELDERSHIP RESPONSIBILITIES FOR THE ACCOUNTS The Eldership are required to prepaie accounts for each financial year which give a true and fair view of the state of affairs of the Church and of the surplus or deficit of the Church for that year. In preparing the accounts, the Eldership are required to: Select suitable accounting policies and apply these consistently., Make judgements and estimates that are reasonable and prudent., state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts" and Prepare accounts on the going concern basis unless rt is inappropriate to presume that the Church will continue to operate. The Eldership are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Church and to enable them to ensure that the accounts comply with the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. They are also responsible for safe-guarding the assets of the Church and hen for taking reasonable steps for the prevention and detection of fraud and other irregularities RISK MANAGEMENT The Eldership has assessed the major risks to which the Charity is exposed, in particular those related to the operations and fInanS of the Church and are satisfied that systems are in place to mitigale our exposure to the major risks. INVESTMENT POLICY The Eldership has considered the most appropriate policy for investing funds and has found that an interest bearing deposit account gives the level of security and flexibility that the charity currently requires. RESERVES POLICY The Eldership has established a policy whereby the surplus on the General Account, the Missionary Account and the Special Purposes Account should be disbursed each year. The decision as to how the funds should be disbursed is taken at the Annual General Meeting. The Eldership believes that they have sufficient regular income to support the core activities of the Church. Monies received in excess of Ihis allow the Church to support missionary work throughout the world. The free reserves (excluding amounts invested in fixed assets and those designated for other putposes) of the Charity amount to £22,268 (2024: £32,822).
YOKER EVANGELICAL CHURCH SCIO ELDERSHIP REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 INDEPENDENT EXAMINER Andrew B Wilson CA was appointed as Independent Examiner for the ensuing year. Approved by the Eldership on 18 December 2025 and signed on their behalf by=
YOKER EVANGELICAL CHURCH SCIO INDEPENDENT EXAMINERS, REPORT TO THE ELDERS YEAR ENDED 31 MARCH 2025 I report on the financial statements of the charity for the year ended 31 March 2025 which are sel out on pages 7 to 15. Respectlve responslbllltles of elders and examiner The charitls elders are responsible for the preparation of Ihe financial slatemenls in aordanCe with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The charity's elders consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and lo state whether particular matters have come to rny attention. Ba818 of Independent examiner's statoment My examination is carried out in accordance with Regulation 11 of thè Charlties Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting reGords kept by the charity and a comparison of Ihe financial slatements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeks explanations from the elders concerning any such matters. Tha procedures undertaken do not provide all the evidence that would be required in an audil, and consequently I do not express an audit opinion on the view given by Ihe financial statements. Independent examlnevs statement In the course of my examination, no matter has come to my attention 1. which gives me reasonable cause lo believe that in any material aspecl th8 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 accounls which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations have not been met, or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial stalements to be reached. Independent Examiner Nelson Gilrnour Smith 53 Bolhwell Street Glasgow. G2 6TB 19 December 2025
YOKER EVANGELICAL CHURCH SCIO statement of Financial Activities For the year ended 31 March 2025 2025 Total Funds 2024 Total Funds Unrestricted Funds General Other funds Restricted Funds Note Income and Expendlture Income and endowments from: Donations Legacies Interest other Total incoming resourcas 71,311 29,698 101,009 72,139 363,280 5,744 3,415 3,415 71,311 33,113 104,424 441,163 Expenditura on.. Charitable activities Direct charitable activity Support costs Total resources expended 23,323 1,044 24,367 81,088 104,411 97,399 1,044 1,020 105,455 98,419 81,088 Net incomlngl(outgolng) resources for year Net transfers between funds Net movement in funds 46,944 (47,975) {57,498) 57,498 (10,554) 9,523 {1,031) 342,744 (1,031) 342,744 Fund balances brought forward at beglnnlng of year 32,822 664,294 697,116 354,372 Fund balances carrled forward at end of year 22,268 673,817 696,085 697,118
YOKER EVANGELICAL CHURCH SCIO Balance Sheet As at 31 March 2025 Note 2025 2024 Flxed 888ets 672,691 184,314 Current assets Debtors Cash at bank and in hand 14,252 11,206 25,458 10,619 503,430 514,049 Creditors due < 1Year Creditors 2,064 1,247 Net current assets 23,394 512,802 Net assets 696,085 697,116 FINANCED BY'.- Unrestrlcted Fund Other Funds Fixed Asset - Other General Fund 10 10 672,691 1.126 22,268 184,314 479,980 32,822 696,085 697,116 Restricted Funds New Building Fund 896,085 897,116 Approved by the Eldership on 18 December 2025 and signed on their behalf by
YOKER EVANGELICAL CHURCH SCIO Notes to the Accounts Year ended 31 MarGh 2025 General infomiation The charity is an unincoOratad organi88tion for public benefit registered a8 8 charity in Scotl8nd. The address of charty is Statement of Compliance The financlal statements have been prepared In Complian wth FRS 102, 'The Financial Re)rtIng Standard applicable in the UK and the Republic of Ireland the Statemenl of Recommended Practi applicable to charities preparing thair accounts in accordance with the Financial Reporting Standard applicable In the UK and the Republic of Ireland (FRS 102)(Charities SORP (FRS102)) and the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). Merger Accountvng The charity previously operated as an unincorporated organization urKJer the name of Yoker Evangelical Trusl {OSCR charity number (SC001118}. The charity has adopted merger accounting as of 1 April 2024 to produce morged accounts for the period ended 31 March 2025. Accountlng Pollcles (a) Going concern There are no material uncertainties about the charity's ability to continu8. {b) Disclosure exemptions The enlity Satisfies the criteria of being a qualifying enlity as defined in FRS 102. No cash flow ststemenl has been presented for the charity (c) Judgements and key sources of estimation uncertsinty The preparation of the financlal statements requires management to make Judgements, estimates and assumptions that affect the amounts reported. estimates and judgements are continually reviewed and are based on experien and other factors, Iwluding expectations of future events that are belleved to be reasonable under the circumstances. (d) Incoming resources AJI incorning reSOurS are included in the statement of financial activities ffien entitlement has passed to the charity,. it is probable that the economic benefrts 8ssociated with the transaction will flow to the charity and the amount can readily be measured. (e) ReSoUrS expended Expendilure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the staternenl of finanGial aGtivities to which il relates.. expenditure on raising funds includ@s all inv8strM8rit management costs. 8xpenditure on charitable activities includes all costs incurred by a charity in undertaking aclivities that further its Charitable aims for the benefit of its beneficiaries, including Ihose 8UPPOrt costs relating to governance of the charity apportioned to charitable activities. Govemance costs cornprise the independent examination, legal advice for Trustees, costs asstxiated with constitutional and statutory requirements and strategic management throughout the year.
10 YOKER EVANGELICAL CHURCH SCIO Notes to tho Accounts (Continuod) Year ended 31 March 2025 Accounting Policies (continued) (fj Fund Accounting Unrestricted funds are avai18ble for use at the discretion of the trustees in furtheran of the general objectives of the charity. Deslgnated funds are unrestricted funds eÉrmarked by the trustees for partlcular future project Dr commitmenl. Restricted funds are subjected to restrlctlons on thalr expenditure imposed by the donor or through the terms of an appeal. (g) Fixed Assets Bulldlngs constructed on leasehold land 8re included at cost and deprec18ted over the shorter of 50 years and the rernaining life of the lease. Historical equiprnent and furnlture have been written off to the Income and expendllure account In the year of acquisition, In future all additlons over £1,000 wlll be capitalised. (h) Depreciation Depreciation is calculated to writ8 off the cost less estimated residual value of fixed assets on a straight-line basis over their estimaled useful lives. Depreciation has been charged as follows: Leasehold Bullding 20 Furniture & fittings 20% (i) Pension costs The charrty provides for a defined contribution pension scheme for employees. The assets cf the scheme are held separately from those of the charity. The annual contributions payable are charged to the Statement of Financial Activity. Direct Charitsble Actlvlty Expendlture Includes: 2025 2024 (All expenditure relales to one activity) Gifts (See note 12) Speakers & Singers Eldership remuneration Pastor's salary Pastor's pension Pastorfs Assistanfs salary Pastorts Assistant's pension Adminislratorfs salary Employers Nl Electricity Repairs DepreciatwJn 13,145 1,046 12,728 2,743 35,222 1,057 35,045 1,01 9,105 273 6,997 8,021 1,815 5,434 16,253 5,980 312 5,596 The average number of employees during th8 Y8ar was 2 (2024., 2.5). No ernployee received rernuneration of more than £60.000. Members of the Eldership do not receive rernuneration for seNices rendered as Elders. Remuneratlon 18 paid to the Pastor, Pastor's Assistant, Administrator and members of the Eldership foi pastoral and administrative serVIS provided (see above).
YOKER EVANGELICAL CHURCH SCIO Notes to the Accounts (Continued) Year and8d 31 March 2025 2025 2024 Support costs Independent examination fee Accountancy fee 1,044 1,020 Fixed Assets Leasehold buildings New Building/ Extension Furniture & Fittings Renovation Total Cost As at 1 April 2023 Additions As at 31 March 2024 279,815 23,946 485,159 509,105 2,593 23,745 26,338 306,354 508,904 815,258 279,815 Depreciation As at 1 April 2023 Charge for year As at 31 March 2024 119,447 5,596 125,043 2,593 4,749 7,342 122,040 20,527 142,567 10,182 10.182 Net book value at 31 March 2024 154,772 498,923 18,996 672,691 Net book value at 31 March 2023 160,368 23,946 184,314 Debtors 2025 2024 Amounts due within one year., Income Tax ReTrivable 14,252 10,619 Creditors Amounts due within one year: Independent examination fee Pension 2,064 1,020 227 2,064
12 YOKER EVANGELICAL CHURCH SCIO Notes to the Accounts (Continued) Year ended 31 March 2025 Rostricted funds 2025 Balan @ 31 Mar 2024 Balance @ 31 Mar 2025 Income Expenditure Transfers New Building fund 2025 Balance @ 31 Mar 2024 Balance @ 31 Mar 2025 Income Expenditure Transfers New Building fund 10. Unrestricted funds 2025 Balance @ 31 Mar 2024 Balance @ 31 Mar 2025 Income Expenditure Transfers Fixed Asset funds Extension New Building Renovation Fixtures & Fittings 20,544 139,824 23,946 (1,712) (3,884) (10,182) 4,74g <20,527} 18,832 135,940 498,923 18,996 672,691 485,159 23,745 508,904 184,314 other funds McGregor Trust Building maintenance Special purposes Missionary Media Ministry Prizes Social functions Sunday School project Miss Gibson Bequest Salary Inland revenue Unused legacy Renovation Fund Children's Mission Women's meeting Sunday School Special projects Café Emmaus Noah's Ark 459 13,539 459 218 210 583 370 3,609 (543) (471) (12,147) 113,361) 311 8,538 130 130 20 1,365 32 {118) {1,549) 98 184 32 (38,448) (5,852) 38,448 5,625 (3,415) (487.518) 227 3,415 21.893 465,625 867 167 (856) (90) (111 77 505 287 33,113 71,311 104,424 (400) (87} 60,561 (24,367) (105,455) (105) <200) 451,406} (57,498 479,980 32,822 697, 1,126 22,268 96.08 General Fund
13 YOKER EVANGELICAL CHURCH SCIO Notes to the Accounts (Continued) Year ended 31 March 2025 10. Unrestricted funds 2024 Balance @ 31 Mar 2023 Balance @ 31 Mar 2024 Income Expenditure Transfers Fixed Asset funds Extension New Building Renovation 22,256 143,708 (1,712} {3,884) 20,544 139,824 23,946 184,314 23.946 23,946 165,964 (5,596) Other funds McGregor Trust Building maintenance Special purposes Missionary Media Ministry Prizes Social functions Sunday School project Miss Gibson B8quest Salary Inland revenue Unused legacy Renovation Fund Children's Mission Women's meeting Sunday School Special projects Café Emmaus Noah's Ark 459 13,731 459 13.539 120 734 2,945 {3121 {818) (11,529) (23) (201) (2,520> 8,584 147 130 70 6,099 225 131 {3,579) (225) 267 (41,270) (10,928) 41,003 11,155 (369,024) 373,818 227 369,024 915 90,892 465.625 1,439 188 (1,370) (412) (69) 224 (15,000) (45) 131) 46,926 70.872 15,000 519 315 120,496 382,599 67.912 58,564 354,372 Trrr3 (474} 184 <70,041) 22.782) (98,419 479,980 32,822 697,116 G8ner81 Fund The Fixed Asset Funds were set up to allocate within reseNes an amount equal to the net book value of charitys fixed assets as in the opinion of the elders these are non distributable.
14 YOKER EVANGELICAL CHURCH SCIO Notes to the Accounts {Continued) Year ended 31 March 2025 11 Analysls of Net Assets Between Funds 2025 Net Current Assets Fixed Assets Current Liabilities Total 2025 Unrestricted- General Other Funds 23,324 1,126 (2,064) 21,260 678,091 676,965 Restricted 2024 Net Current Assets Fixed Assets Current Liabilities Total 2024 Unrestricted- General Other Funds 34,069 479,980 {1,247) 32,822 664,294 184,314 Restricted 4,049 (1,247) 697,11 12 Gifts During the year the following gifts were made: 2025 Gen8ral Account Flowers West of Scotland Gospel Partnership 207 100 Special Purpose AcGount Gift for B Blair Retiral Clyde Court Care Home Gift Baptismal Gifts Gifl to the Paterson Family 107 273 31 60 Missionary Account Christian InstitLrte Child Evangelism Fellowship Christian Aid Glasgow Cty Mission Glasgow Northwest Foodbank Hope Church Aviemore Hope for Glasgow Mercy Ships Uk OMF- M & J Paterson Open Air Mission Slavic Gospel Mission Torch Trust UFM YFC - Miss S Blair Support 100 100 100 1,056 550 2,000 1,041 700 3,300 100 100 700 100 2,200 Prizes Christmas Party Gifts 118 Total clf 13,043
15 YOKER EVANGELICAL CHURCH SCIO Notes to the Accounts {Continued) Year ended 31 March 2025 12 Glfts (continued) During the year the following gifts were made: 2025 Total blf 13,043 Women's MtIng Gifts 61 Noah's Ark Baby & Toddler Group Christmas Gifts 40 44