Whyte’s Causeway Baptist Church Kirkcaldy Trustees’ Annual Report Period 1 October 2023 to 30 June 2024
Contact information:
Whyte’s Causeway Baptist Church Kirkcaldy
Scottish Charity Number: SC052577
www.wcbck.com
www.Facebook.com/whytescausewaybc
Charity Trustees
All Deacons are charity Trustees, as is the employed minister.
Objectives and activities
Our charitable purposes are:
the advancement of religion, specifically the Christian faith, primarily in Kirkcaldy, and also throughout Scotland and the rest of the world, by all means consistent with: The Christian Bible; The Apostles’ Creed; including worship, ministry, mission, witness, prayer, fellowship, networking, education, community service and the provision of activities and facilities for the community, and the relief of poverty and other social needs, including the support of individuals and other charitable organisations and agencies involved in any or all of these.
Our Mission Statement is “ Journeying together in the love of Christ ”.
We achieve the above through:
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Weekly Sunday Worship services
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Sunday School
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Monday night youth clubs
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Warm Spaces during winter months
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Fellowship groups every Tuesday
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Bible Studies
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Prayer meetings
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Craft Clubs
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Fellowship evenings and outings for older and younger members
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Gifts for mission organisations and local charities
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Structure, governance and management
Type of governing document
The Church is a SCIO, under a constitution passed by the congregation in a meeting on 12 March, 2023. It is an affiliate congregation of the Baptist Union of Scotland.
Running of the church
The church is congregational in polity and the day-to-day running of the charity is undertaken by the Trustees and the Minister, with support from the congregation and members.
Trustee recruitment and appointment
As the SCIO was founded this year, all Trustees were co-opted at the outset of the founding, except for . He was co-opted as a Charity trustee upon taking up employment as the minister of the church.
All Trustees are members of the church and are elected from within the congregation by its members.
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Achievements and performance
The SCIO was founded to transfer the old Whytes Causeway Baptist Church (Unincorporated Association) SC005860 to a new constitutional arrangements of a SCIO. The SCIO was voted into existence on 12 March 2023, and the accounts began being transferred to this charity from December 2024.
During the first six months of the financial period the church was in Ministry vacancy which allowed funds to accumulate. The health of the church during the financial period, in terms of congregational numbers was excellent and thriving through the considerable voluntary effort of those in leadership including the interim moderator, and members of the congregation. In addition, subscribers to the church YouTube channel increased to 130 along with the number of times watched, many of these in other countries indicating an extensive outreach.
Voluntary giving from the church is generous (including one legacy) and a large percentage is passed on to Christian charities working abroad including Barnabas Aid, Compassion and British Missionary Society. All of these seek to relieve poverty, provide emergency aid and implement positive actions such as education and medical training. The church also donates in a practical way through the collection of food stuffs for the local Food Bank, dried goods (Barnabas Food Gives initiative) and children’s clothes to go abroad.
There has been several events to raise funds including a Strawberry Fayre and a Craft Fayre, supported by the whole church and led by the Mission Group who’s main focus of support is British Missionary Society and Overseas Mission Fellowship to whom most funds go.
A Warm Welcome Space was run in the church hall through the winter by volunteers, grant aid was secured to assist with refreshments and heating costs. This was regularly attended by local residents in need.
After careful congregational consultation our Minister was appointed in March 2024 with the purpose of leading the congregation in reaching out to the local community as well as working with other local Christian organisations. The latter three months of the financial period have been a time of transition which has seen a positive increase in Membership and younger attendees as well as new volunteers.
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Financial review
Bankers
Virgin Money
Glenrothes Branch 5 Falkland Gate Glenrothes KY7 5NS
Charity Bank Ltd
Fosse House 182 High St Tonbridge TN9 1BE
Principal sources of funding
The primary funding comes through weekly/monthly/ regular giving by WCBCK’s congregation, GIFT AID, and grants.
Results for the year
The financial statements for the year are set out below. The Receipts and Payments Account reflects a surplus of _____ (no accounts for 2023)
Statement of the charity’s policy on reserves
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WCBCK does not have a formal policy on reserves, but is looking to develop this in the year to come. It has informally adopted the policy of the UVA, which was to keep reserves in general funds which equate to approximately three months’ unrestricted expenditure that allows sufficient funds to enable the ongoing work of the church to be maintained.
The General Fund at 30 June 2024 amounted to £114,037 (no accounts for 2023), which is above the required level.
Details of any deficit
There is no deficit this year in either general or reserved funds.
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Annual Accounts
The accounts for WCBCK. The accounting year runs from 1July to 30 June. However, the account was set up from October 2023 and went live December 2023, so there is a half year’s account for FY 2023-24, as stated below.
| Notes | General | Restricted | 2024 Total | 2023 Total | |
|---|---|---|---|---|---|
| Funds | Funds | £ | £ | ||
| £ | £ | ||||
| Receipts | |||||
| Plate Giving | 2,941 | 67 | 3,008 | - | |
| Standing Orders / | - | ||||
| Recurrent Giving | 15,004 | 830 | 15,834 | ||
| Grants | 4 | 58,459 | 25,759 | 84,218 | - |
| Legacies | 5 | 34,000 | - | 34,000 | - |
| Fundraising | 1,823 | 1,340 | 3,163 | - | |
| Rents | 6 | 888 | - | 888 | - |
| Refunds and other | - | ||||
| incomes | 147 | 3,500 | 3,647 | ||
| Total Receipts | 113,262 | 31,496 | 144,758 | ||
| Payments | |||||
| Ministry and | - | ||||
| Preaching Costs | 13,214 | - | 13,214 | ||
| Mission Grants | 7 | 970 | - | 970 | - |
| Building and | - | ||||
| Insurance | 5,723 | 4,671 | 10,394 | ||
| Office and Stationery | 300 | - | 300 | - | |
| IT / Tech | 839 | - | 839 | - | |
| Mileage | 1,223 | - | 1,223 | - | |
| Food and Drink | 209 | 153 | 362 | - | |
| Miscellaneous | 3,292 | 126 | 3,418 | - | |
| Totalpayments | 25,770 | 4,950 | 30,720 | - | |
| Net receipts / | 87,492 | 26,546 | 114,038 | - | |
| (payments) | |||||
| Surplus / (deficit) for | 87,492 | 26,546 | 114,038 | - | |
| year |
Bank Holdings, Assets and Liabilities
| Notes | All Funds | 2024 Total | 2023 Total | |
|---|---|---|---|---|
| £ | £ | £ | ||
| Cash funds | ||||
| Cash and bank balances at start | - | |||
| of year | - | |||
| General Account | 44,037 | - | ||
| Savings Bond (1 year) | 70,000 | - | ||
| - | ||||
| Total Cash funds brought forward | - | - | - | |
| Total Cash funds carried forward | 114,037 | 114,037 | - | |
| Represented by: | ||||
| Unreserved Funds | 87,491 | 87,491 | - | |
| Total Unreserved Funds | 87,491 | 87,491 | - | |
| Reserved Funds | 8, 9 | |||
| Building | 4,203 | 4,203 | - | |
| Youth Fund | 21,003 | 21,003 | - | |
| Warm Space | - | - | - | |
| Craft Club | 540 | 540 | - | |
| SundaySchool | 800 | 800 | - | |
| Total Reserved Funds | 26,546 | 26,546 | - | |
| Statement of assets at 30 June | - | |||
| 2024 Properties (at sum insured) | ||||
| Church premises and land | 2,272,226 | 2,272,226 | - | |
| Moveable contents | 64,085 | 64,085 | ||
| Total Assets | 2,336,311 | 2,336,311 | - |
1.Accounting policies
Accounting Convention – the financial statements have been prepared in accordance with the charities accounts (Scotland) Regulations 2006 (as amended).
Basis of financial statements – the financial statements have been prepared on a receipts and payments basis.
Receipts and payments account – for the purpose of the Recepits and Payments account as shown above, funds are defined as follows:
Unrestricted funds – comprise grants and other income received for the objects of the church without further specified purpose and are available as general funds.
Restricted funds – comprise income which has been received for the objects of the church and specified for restricted purposed within these objects by the donor.
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2. Transactions with Trustees and reimbursement of expenses – there were no
transactions with the Trustees or reimbursement of personal expenses during the year to 30 June 2024.
3. Related Party Transactions – there were no transactions with related parties during the year to 30 June 2024.
4. Grants
| Unrestricted | Restricted | 2024 Total | 2023 Total | |
|---|---|---|---|---|
| funds to nearest | funds to | to nearest | to nearest | |
| £ | nearest £ | £ | £ | |
| Closure of WCBC UVA account grants | 58,459 | 24,659 | 83,118 | - |
| Fife Council Warm Space Grant | 1,100 | 1,100 | - | |
| Total | 58,459 | 25,759 | 84,218 | - |
5. Legacies
| Unrestricted | Restricted | 2024 Total | 2023 Total | |
|---|---|---|---|---|
| funds to nearest | funds to | to nearest | to nearest | |
| £ | nearest £ | £ | £ | |
| Legacy – H Wishart | 34,000 | - | - | - |
| Total | 34,000 | - | - | - |
6. Refunds and other Income
| Unrestricted | Restricted | 2024 Total | 2023 Total | |
|---|---|---|---|---|
| funds to nearest | funds to | to nearest | to nearest | |
| £ | nearest £ | £ | £ | |
| Insurance Refund for Roof repairs | - | 3,500 | 3,500 | - |
| Refunds | 147 | - | 147 | - |
| Rent | 888 | - | 888 | - |
| Fundraising for grants / gifts | 1,823 | 1,340 | 3,163 | - |
| Total | 2,858 | 4,840 | 7,698 | - |
7. Mission Grants
| Donations from the congregation | Kirkcaldy Food Bank | 4x | 400 |
|---|---|---|---|
| Collection for Visiting missionary | OMF | 1x | 250 |
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| Flower Fund | WCBCK | 1x | 10 |
|---|---|---|---|
| Donations from the congregationZambesi Mission | 1x | 310 | |
| Total | 970 |
8. Breakdown of Restricted funds
| Building | Youth | Warm | Craft | Sunday | Total | |
|---|---|---|---|---|---|---|
| Fund | Fund | Space | Group | School | restricted | |
| funds | ||||||
| Receipts | ||||||
| Plate Giving | - | - | 67 | - | - | 67 |
| Standing Orders / | 530 | 300 | - | - | - | 830 |
| Recurrent Giving | ||||||
| Grants | 3,956 | 20,703 | 1,100 | - | - | 25,759 |
| Legacies | - | - | - | - | - | - |
| Fundraising | - | - | - | 540 | 800 | 1,340 |
| Rents | - | - | - | - | - | - |
| Refunds and | 3,500 | - | - | - | - | 3,500 |
| other incomes | ||||||
| Sub total | 7,986 | 21,003 | 1,167 | 540 | 800 | 31,496 |
| Payments | ||||||
| Ministry and | ||||||
| Preaching Costs | - | - | - | - | - | - |
| Mission Grants | - | - | - | - | - | - |
| Building and Insurance |
3,783 | - | 888 | - | - | 4,671 |
| Office and | ||||||
| Stationery | - | - | - | - | - | - |
| IT / Tech | - | - | - | - | - | - |
| Mileage | - | - | - | - | - | - |
| Food and Drink | - | - | 153 | - | - | 153 |
| Miscellaneous | - | - | 126 | - | - | 126 |
| Subtotal | 3,783 | - | 1,167 | - | - | 4,950 |
| Surplus / (Deficit) | 4,203 | 21,003 | - | 540 | 800 | 26,546 |
| for 2024 |
9. Restricted Funds Explanation
Youth fund – has been set aside by the congregation for the employment of a youth / community worker
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Building fund – represents money raised to cover the upkeep and repair of the church buildings
Sunday School – money held on behalf of the Sunday school
Craft Group – money held on behalf of the Creative Craft Collective
Warm Space – grant money from Fife Council to support the running of a warm welcome space from January-April 2024.
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Future plans Next year, we hope to stabilise the cost5 for the minister and continue to 9row in spiritual and numerical depth. The congregation is likely to undertake major building works due to major vandalism that was incurred in May and June 2024. We hope to establish new Patterns of worship and community Outa(h, by disceming the will of the congregation through both formal and informal conversations and meetings. Declaration Signed on behalf of the charitytrustees: Print Designation Date 25ioIIZfy
Independent ExamMier'5 ReporttotheTru5tees dWTrryte's cause 8aptist Churth Klrkcalty Tntst I report on the acctyjnts of the thartyforthe perxxl end 30th June 2024 whlth are set out on pages 8 to 12. Respertive re5ponslbllldes tJ$teS and exam The charlty's trustees are pOnSIble frjr ihe Eparation of the accounts in accordan wlth the terms of the Charlyes and Trustee Investment IScotl•ndl Art 2LK)5 and the (harities Account5 (Scotlandl Regulai1( 21Y)61•s amended). The th•FitytnJ5tees (onshjerthattht audlt requiremeTrt of Re8ulakn'on 10111 Idl of the 2rx6 Arrow Re8uIkn"ons does rK)t appty. It15 my responSIblty to exlrninethe accounts a5 requked under section 4411) Icl of the Act and to stste whher particular matters h•4e c(Mne to my artenti(. B•sls of Independent examlierts $eMent My emmlnatlon L% c•trI In •c¢tyd•nce wmh ReBul•On 11 ofthe 2th)6 ACcnts Re8ulattons. An examln•t(on Irbcludes a revlew OF the attouTrtin8 records kept tythè thary and ? ¢omp•ftson al the accounts presented wlth those records. a150 Includes consideratlon of ary unu5u•I Items or dk(losures In the accounts. 4nd see explan•tIo from the trustees concernlng èrry such matters. The procedures undertaken do not provKle allthe e4fhJence that would be fequked h) an aydll. and consequentty I do expre55 an audlt oplnlon on the vIv8en by the accounts. Independent eyamlner's 5tatefflent In the Coue of my examlnallon, no matler h4$ come to my atterthn whlch 8fves me reasoThabl cause to belthat In any fflatefl resped the requlrement5'. to keep •cWUrThS records In x(ordort¢e wlth Seciion 44111 {•) of th• Act and RegUlon 4 of the Acc1$ Ilegulatlons ¢0 prepare accounts whkh accord tAth ihe accwnllng records and comp1 wlth Re8ul•tlon 9 ofthe 26 Re¢ut have not been mel or 2. to whkh, In my oplnkn, attention shoukl be In orderlo enable • woper ynder5twdkn8 of the aCt(ntS to be reach•d Dale. 121091?024