Castlehill Baptist Church SCIO Report and Financial Statements Year ended: 31 March 2025 Scottish Charity Number: SC052610
Castlehill Baptist Church SCIO Contents of the Trustees, Report and Financial Statements for the year ended 31 March 2025 Page Summary Financial Information Report of the Trustees Report of the Independent Examiner Statement of Financial Activity Balance Sheet Notes to the Financial Ststements
Summary Financial Information Comparison of income and expenditure for the last two years 100,000 83.308 81,383 80,000 68,060 59.925 60,000 40,000 20,000 -20,000 -15,248 .21,458 -40,000 Income Expenditure Deflclt 2025 w 2024 2025 2024 Movement Increasel Decrease Total Income Total Ex enditure Deficit 59 925 81,383 21,458 8,135 1,925 28.90/0 Flve-year trend of Income and Expendlture 90.000 83,308 81,383 80,000 70,000 68,060 65,258 59,925 60,366 60.000 55,503 54,375 54.870 50,000 47,711 40,000 30,000 20,000 10,000 2025 2024 2023 2022 2021 Total income • Total Expenditure
Castlehill Baptist Church SCIO Report of the trustees for the year ended 31 March 2025 The trustees present their annual report and financial statements of the Church for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities published on 16 July 2014. Objectlves and activities The purpose of the Church is the advancement of the Christian Faith and the relief of poverty and other social needs. The aims of the Church are in line with its Mission Statement-"Serving Chiyst, One Another and the Community" The Church is affiliated to the Baptist Union of Scotland. The Church furthers its charitable purposes through its grant-making policy which aims to make grants from its voluntary income to individuals and organisations that are generally known to the trustees and the Church. The beneficiaries are involved in activities or ministries compatible with the Church's objectives. Grant maklng pollcy As stated above, the Church has established its grant making policy for the public benefit to achieve its objectlves enshrined in the three-part Mission Statement and to bring the love of God to the community, both here and abroad. A revlew of our achievements and perfomiance The trustees are pleased to have been able to continue support of third-party missions and special causes. Significant highlights, events and developments in the year included the following.. The formation of steering groups to plan and deliver activities relating to (1) elderly people in the community and (2) the social life of the Church. The Elderly steering group has delivered a schedule of all activities for older people provided by churches in Bearsden and Milngavie. The Social steering group has arranged three litter picks during the year, three walks, a men's trip to Glasgow Central Station, a Christmas craft event, a Christmas outreach event and a trip on a canal boat. b. The continuation of lce monthly prayer times on Sunday evenings to encourage vision and community engagement. c. The church has continued to employ a Child & Family Worker to further enhance our work among young people and families in our neighbourhood. These activities include a lce weekly toddler group known as "Pitter Patterf,, a monthly meeting for Fathers and Grandfathers entitled "Who let the Dads out?" and the Connect group for separated mums. Flnanclal revlew The Church's work is entirely reliant on income from regular voluntary offerings from members, from gift aid donations and from modest returns from its savings accounts. Total voluntary offerings increased by approximately 120/0 compared to the previous year due to the generosity of church members and adherents. The financial statements for the year are set out on pages 7 to 14. The Statement of Financial Activity, incorporating the Income and Expenditure account, on page 7, reflects net expenditure over income in Unrestricted Funds, before transfers, of £(9,628) (2024 £14,608 deficit). This amount includes a charge for depreciation on the manse of £6,520 (2024 £6,520) which is required to comply with financial accounting standards. Special offerings made by the congregation during the year totalled £2,333 (2024 £1,227). The analysis of special offerings is set out in note 14 to the accounts. Investment income from bank deposits was £2,923 (2024 £2,715). The trustees have endeavoured to maintain controllable expenditure and costs but the cost of carrying out charitable activities, excluding stipend costs, increased in the year by £5,756 from £42,562 in 2024 to £48,318 in 2025. Increased costs were seen across the majority of cost categories although the biggest increases were in manse maintenance and
Castlehill Baptist Church SCIO the Children & Family Worker salary. The analysis of the movements within each of the constituent categories is set out in note 4 to the accounts. The total cost of charitable activities during the year was £81,078 (2024 £73,654). The year-end financial position is strong with £75,181 in the bank accounts, a decrease of £8,470 from 2024. The Church had been planning for a de5iberate overspend as cash reserves were sufficiently high to allow the recruitment of a Children & Family Worker to increase its impact within the local community. The Deacons are keeping the Church's cashflow under review and seeking ways to increase income and to minimise costs without impacting the Church's activities. Key performance indicators As a small charity the trustees do not monitor performance through the use of financial or non-financial KPIS. Financi81 performance is monitored monthly against an annual budget approved at a church meeting. Investment policy and performance The investment policy is simple. The trustees do not invest directly in stocks and shares and our ethical criteria would prohibit investment in companies that manufacture armaments, alcohol or tobacco. The trustees have a low appetite for investment risk and have resolved to maintain the Church's funds in interest bearing savings account with stsble banks. Rlsk management The principal risks faced by the Church lie in the decline in membership numbers and an aging membership. Although attendance remains strong, the number of committed members has reduced. This could reduce the number of potential members willing so serve as a Deacon and that in turn could reduce the number and frequency of church activities. The trustees assess the major risks to which the charity is exposed on an on-going basis and endeavour to mitigate those that are identified as a result of these reviews. Reserves policy It is the policy of the Church to maintain Unrestricted Funds, i.e. funds not committed or invested in fixed assets, at a level which equates to at least three months unrestricted expenditure. This allows sufficient funds to enable the ongoing work of the Church to be maintained. This policy will be reviewed whenever any major financial commitments are agreed. Net current assets i.e. uncommitted cash at 31 March 2025 amounted to £70,33812024 £82,864) which was equivalent to slightly less than 12 months average cost of charitable activities. This satisfies the above requirements, Total reserves, including the net book value of fixed assets and balances on restricted funds amounted to £303,161 (2024 £320,922). Plans for the future The Church's activities, especially as regards outreach into the community, have been the focus of continual review and special meetings of the Deacons, Court. The Church will continue to develop links with the community by on-going work with local schools and other community organisations. Structurej governance and management Castlehill Baptist Church SCIO is a Scottish Charitable Incorporated Organisation (SC052610) and is recognised by the Office of the Scottish Charity Regulator {"OSCR'I. History of the Church Castlehill Baptist Church began as an outreach of Bearsden Baptist Church in the summer of 1975. Following a children's Holiday Summer Bible Club, a weekly children's work and monthly family seNices were started in the autumn of that year. By February 1976, these monthly Sunday morning services had become weekly. There had also been additional involvement in the community with the setting up of a Boys, Brigade section - the 4th Bearsden. By 1989, the Castlehill Fellowship of Bearsden Baptist Church, as it was then known, had developed its own witness in the Northwest corner of the town and it was decided that the fellowship should
Castlehill Baptist Church SCIO constitute as a Baptist Church in its own right, wth affiliation to the Ba tist Union of Scotland. C2Stlehill Baptist Church was constituted on 15 April 1989 with as its first pastor. emaine when he and his wrfe returned to apan wi e Overseas Missiona owship. came in August 1999 and was pastor until July 2007. was appointed as pastor with effect from 7 December 2009. Dunng 2019 the Church celobratcd its 30th anniversary of being fom)ally c£)nstituted as a separate congregation. During 2023 the Church changed from an UnincorFDrated Voluntary Association lo a Scottish Charrtable Incorporated Organisation. Key management personnel remuneration The Church is congregational in policy and its day to day running is undertaken by the Office Bearers Ithe trustees) and the Deacons, Court. Deacons are elected by the Church membership and hold Offi for three years but are eligible for re-election thereafter. The Office Bearers who served during the year and to the date of this report are set out in the reference and administration information below. The trustees are the Secretary, Treasurer and Minute Secretary to the Deacons, Court, and any other deacon elected at a Church meeting to serve in this way. Appropriate training is given to trustees in the rnanagement of a charty. The board of trustees. the deaconate and the pastor comprkse the key management personnel of the charity. The deaconate and pastor have collective responsibility for directh'ng, running and operating the charity on a day to day basis. All trustees give of their time freely and no trustee remuneratKJn or expenses were Pa In the year. Only the Pastor reiVeS remuneration as set out in note 11 below. Trustees are required to disclose all relevant Interests and register them with the Church in accordance with the Church's Policy to withdraw from decisions where a conflict of interest arises. The trustees con*der that there are no related paty transactK)ns which require separate disclosure. The stlpend of the Church's pasior Is revlewed periodallY and increased as appropriate. The remuneration is benchorke(l with other Churches in the Baptlst Union of Scoiiand to ensure that the remuneration set is fair and not out of line with that generally pald for slmilar roles. Reference and admlnlstratlve Informatlon Pastor Trustees Dp.2r.nn8 Address for Corres ondence Inde endent Examiner Bankers Bank of Scotland, 2 Station Road, Milngavie, Glasgow, G62 8AB
Castlehill Baptist Church SCIO solicitor for Baptist Union of Scotland) egal Ser¥is Limited. 48 Speirs arf, Glasgow G4 9TH ia oneo Tru8tees' responsibilities in relation to the financial statements The charity trustees are responsible for preparing a trustees, annual report and fitFanGial statements in acwrdance with applicable law and United Kingdom Generally Accepted AGGounts'ng Practice. ned on their behalf by..
Castlehill Baptist Church SCIO Independent Examiner's Report To the members of Castlahill Baptist Church SCIO, Charity No SC052610 Respectlve responslbllltles of trustees and examiner The church trustees are responsible for the preparatlon of 8cox)unts in accordan with the tenns of the Charities and Trustee Investment (Scotland) 2(Y)5 Act and the CharitK8s Accounts (Scotland) Regulations 2006. The church trustees consider that the audit requirement of Regulation 10(11(dl of the Accounts Regulations does not apply. It is my iesponsibilty to examine the accounts as required under section 44{1)(c) of the Act and to state whether particular matters hawe come to my'attention. Basi• of Independent Examlner'j Stalement My examination is carried out in accordance with Regulation 11 of the Charities Accounts (SGolland) Regulations 2006. An examinats'on includes 8 review of the accounting records kept by the charity and a comparison of the accounts presented wrth those records. It also includes consideration of any unusual items or disclosures in the accounls and seeks explanab'ons from the trustees concerning any such matters Th8 procedures undertaken do not provide all the eviden that would be required in an audit and, consequently, I do not express an audit opinion on the accounts. Indèpendont Examiner's Stat•mont In the course of my exaMinatn, no matter has come to my attention. which gives me reasonable cause to believe that in any material respect the requirements.. - to keep &counting records in aC)rdanCe with section 44{1){8) of the 2005 Act and Regulabon 4 of the 2006 Accounts Regulab'ons, and to prepare accounts which accord with the accounting records and comply wrth Regulation 9 of the 2006 Accounts Regulations have not been mel to which, in my opinion, attention should be drawn in order to enable a prOr underst8nding of the accounts to be reached.
Castlehill Baptist Church SCIO Financial Statements for the year ended 31 March 2025 Statement of Financial Activity incorporating the Income and expenditure account for the year ended 31 March 2025 Prior year Total Funds Unrestricted Restricted Funds Funds Total Funds Note Income Donations - Voluntary offerings Investment income Total income 62,804 2,333 65,137 57,210 1; 2,715 59,925 Expenditure Charitable activities - Church Grants and donations - external Governance Costs Total expenditure 73,125 1,234 996 7,953 81,078 1,234 996 73,654 3,270 4,459 81,383 1 Net Incomel Expendlture before transfers (9,628 (5,620) (15,248) (21,458) Transfers Net transfers beeen funds 10 {5,620 5,620 Net Incomel Expenditure before other recognised galnsl(losses) {15,248) (15,2481 {21,458) Net movement In funds (15,248 {15,248I (21,458) Reconclllatlon of funds Total funds brought forward Total funds carried forward 318 409 303 161 2 513 320 922 2,513 305,674 342 380 320,922
Castlehill Baptist Church SCIO Financial Ststements for the year ended 31 March 2025 Balance Sheet as at 31 March 2025 Unrestricted Funds Restricted Funds 2025 Total Funds 2024 Total Funds Note Fixed a55ets 232,823 232,823 238,058 Current assets Savings account Current accounts Total currenl assets 67,662 5,006 72,668 67,662 7,519 75.181 74,738 8,913 83,651 2,513 2,513 Creditorn Amounts fallin9 due within one year (2,330) (2,330) 1787) Net curr•nt assets 82,864 Total a88ets le88 curr•nt Ilabilitie8 303,161 2,513 305,074 320,922 RepreJented by: Unrestricted Funds Restricted funds 303,161 303,161 2,513 318,409 2,513 10 2,513 303,161 305,e74 320,922 The notes on page3 9 to 14 form part of these financial statements roved b the twslees and si ne by..
Castlehill Baptist Church SCIO Financial Statements for the year ended 31 March 2025 Notes to the financial statements Accounting policies Basis of preparation and assessment of going concem The accounts (financial statements) have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities published on 16 July 2014, the Financial Reporting Standard for Smaller Entities IFRSSE), the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(sl to these accounts. Incoming Resources All income is recognised once the charity has entitlement to the income, there is sufficient certainty of receipt and so it is probable that the income will be received, and the amount of income receivable can be measured reliably. Resources Expended Resources Expended are included in the Statement of Financial Activities on an accruals basis and allocated to the appropriate headings in the accounts. Realised gains and losses All gains and losses are taken to the statement of fi'nancial activities as they arise Recognition of Liabilities Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. All expenses are allocated or apportioned to the applicable expenditure headings in the statement of financial activities. Tangible Assets and Depreciation Tangible assets are st8ted at cost. Depreciation is charged on land and buildings at 2 % of cost on a straight line basis to write off the value of property over a fifty year period. Depreciation is also charged on equipment at 20 % of cost on a straight line basis to write off the value of equipment assets over a five year period. A full year's depreciation is charged in the year of acquisition. It should be noted that the legislation, which charities are subject to, requires the church to provide for depreciation on the manse. Housing in the Bearsden area is expected to increase in value each year and the manse is not considered to be an exception especially as the church maintains it in excellent order. Taxation Castlehill Baptist Church SCIO has charitable status for UK tax purposes and is exempt from tax on income and gains to the extent that they are applied to its charitable activities. Irrecoverable VA T Irrecoverable VAT is charged against the expenditure heading for which it was incurred.
Castlehill Baptist Church SCIO Financial Statements for the year ended 31 March 2025 Voluntary offerings Voluntary offerings have been received during the year as follows.. Note 2025 2024 Unrestricted Funds Voluntary offerings Tax refund on offerings 52,143 10,661 62,804 46,215 9,768 55,983 Restrlcted Funds Special offerings 10 2,333 1,227 Total voluntary off8rlng8 Investment income Investment income comprises interest earned on funds on deposit at banks. Charitable activities - Church Costs incurred In carrying out the charitable activities of the Church were as follows.. 2025 2024 Unre8trlcted Funds Audio-visual expenses Assembly expenses Bank charges Council tax Depreciation Hall rental Insurance Junior Church Maintenance mislIaneouS Outreach Printing Pulpit supply Social events Stationery stipend and Salaries Teaching and training Telephone and internet Total charltable activities - Church 490 30 67 3,677 6,734 7,663 765 381 2,592 370 652 325 300 273 3,309 6,520 7,416 729 391 96 432 1,284 200 156 48,070 240 480 73,125 44,889 25 480 Restricted Funds Missions Special Offerings 5,620 2,333 6,500 1,227 7,953 7,727 Total Charitable Activities 81,078 73,654 10
Castlehill Baptist Church SCIO Financial Statements for the year ended 31 March 2025 Grants and donations The grants and donations made by the Church during the year were as follows.. Note 2025 2024 Unrestricted Funds Baptist Fund Gifts to others 12 1,000 234 1,680 1,240 2,920 Restricted Funds Fellowship fund 350 Total grants and donations 3,270 Grants and donations, payments to the Baptist Fund, other Missionary organisations and Specia Offerings, of £9,187 made during the year represent 14.10/0 of the total voluntary income of the Church. If 2025 spend on outreach is included the total is £9,839 i.e. 15,1 % . The 2024 total of £10,997 was 19.2 %. If the 2024 spend on Outreach is included in the expenditure it would total £12,281 i.e. 21.40/0 of Income. Governance Costs Costs incurred in the governance of the church were as follows.. Note 2025 2024 Unre8trlcted Funds Accounting and payroll fees Legal costs Total Governance Costs 996 1,164 3,295 4,459 996 The Legal Costs in 2024 were incurred as part of the process of developing a new constitution and changing the structure of the church from an Unincorporated Voluntary Association to a Scottish Charitable Incorporated Organisation. Fixed assets and depreciation An analysis of the fixed assets and depreciation charge is set out in the following tables -cost-------------- Additions Write down durlng the year Opèning balance at 1 Aprll 2024 Closing balance at 31 March 2025 Land and buildings Equipment 321,743 6,671 321,743 8,170 1,499 328 414 1,499 329.913 11
Castlehill Baptist Church SCIO Financlal Statements for the year ended 31 March 2025 -Depreciation- Opening balance at 1 April 2024 Charge In year Write down Closing balance at 31 March 2025 Net book value at 31 March 2025 Land and buildings Equipment 83.685 6,671 6,434 300 90,119 6,971 231,624 1,199 734 232 823 Fixed assets are stated at cost less accumulated depreciation. The equipment assets are mainly audio-visual items. These have a limited life span due to obsolescence of the technology and wear from handling every week. Most of the equipment is fully depreciated. Creditors falllng due within one year 2025 2024 East Dunbartonshire Council (Hall Rental) Manse repairs Social events Payroll Processing ServIS 801 1,440 89 583 204 787 Unrestricted Funds 2025 2024 At 1 April 2024 Deficit of expenditure over income Transfer to Missions Fund Transfer to Fellowship Fund At 31 March 2025 318,409 (9,628) 15,620) 339,867 (14,608) 16,500) 350 318,409 303 161 The Unrestricted Funds represent the accumulated funds within the Church that have not been allocated to any defined purposes. 10 Restricted funds Restricted funds represent funds within the Church that have been allocated to certain specific purposes. There have been movements in the restricted funds operated by the Church and an analysis of these movements is set out in the following tables. Note Opening Transfers Transfers balance at from from 1 April Unrestrict Restricted 2024 ed Funds Funds Closing Increase Payments balance at in the from the 31 March fund fund 2025 Fellowship fund Missions fund Sabbatical fund Special offerings 13 200 2,300 13 200 2,300 12 5,620 (5,620) 13 2,333 2,333 2,333 7,953 2,513 5,620 2,513 12
Castlehill Baptist Church SCIO Financial Statements for the year ended 31 March 2025 The closing balance on total restricted funds did not change during 2025. The purpose of each restricted fund is as follows.. Fellowship fund This is a discretionary fund controlled by the pastor and is used to alleviate finanGial suffering within the Churth. The Church aims to tithe its income and this fund is used to receive transfers from Unrestricted Funds and make payments to missionary organisations. An analysis of the payments made from this fund Is set out in note 13 to the accounts This fund has been set up to finance the Sabbatical leave of the Pastor. Offerings for special purposps are held and paid OLJt from this fund. An analysis of the donations made to this fund is set out in note 14 to the accounts. Missions fund Sabbatical fund Special offerings 11 Stipend and Salaries The Pastor and the Children & Family Worker ree8ive rémuneration from the Church. The amounts are as follows. 2025 2024 Stipend Children & Family Worker 32,760 1S,310 48,070 31,092 13,797 44,889 12 Baptist fund The Church is affiliated to the Bgptist Unn of Scotland 2nd as such pays an annual contribution lo this organisation. 13 Mission fund Payments from the Mission fund during the year were made to the following 1nd1vbUaIS and organisations. 2025 2024 Uganda mission for the Katwe farnilies OMF (for the support of Bee and Blaise) Scripture Union Scotland MAF (for the support ol the Wunderli Family) Scripture Union Ukraine OMF Japan Glasgow City Mission steadfast Gtobal Message Trust (for the support of 2,400 1,000 720 600 300 300 200 200 2,400 1,180 720 500 200 100 600 600 200 6.500 5.620 13
Castlehill Baptist Church SCIO Financial Statements for the year ended 31 March 2025 14 Special offerings 2025 2024 Uganda mission for the Kae families Tear Fund 8MS HaNest Offering Glasgow City Mission Steadfast Global OMF (for the support of MAF Scripture Union OMF Japan 725 621 420 342 22S 367 430 100 115 115 60 40 1.227 15 Cash flow The following analysis reconciles the closing bank and cash balances to the opening bank and cash balances by showing the flow of cash funds ft)r the year. Bank and cash balances at 1 April 2024 83,651 Deficlt for the year Accounting transactlons not Involvlng the movement of funds: Oepreciatson charge (15,248) 6,734 {8,514) Purchase of Flxed Assets (1,499) Other Movements In Worklng Capltal: Increase in Creditors 1,543 Bank and cash balances at 31 March 2025 8.470)._ 16 Pittei Patter The cash balance for Pitter Patter was £512.58 on 31 March 2025. The incoming and outgoing funijs generated by per Patter activits'es have not been included in these accounts as comprehensive records were not maint8ined. A cash b¢)ok has been introduced, and a financial summary of Pitter Patter activities should be available in future. 14