Scoltish Ch¢7rity No. SC053027 Dalkeith Baptist Church SCIO Trustees, Report and Financial Statements For ihe Year ended 31 December 2024 |+P Innes & Partners ChartÈred Cert(fial Accwntants
Dalkeith Ba tist Church SCIO Contents of the Financial Statementsfvr ihe year ended 31 December 202J Page R¢port of the TTUStees R¢port of the Independent Examin¢r Receipts and Payll)¢nts Account Sia¢¢ment of BaIances Not¢5 to thc Financi81 Statements
Dalkeith Ba tist Church SCIO Rew)rt of the Trustee5Aor iIE}'ear ended 31 Deceniber 2024 The Trn$tces ar¢ pleased lo present I]1r report together witli thc finJnciaI slaleinents of Ilie church for th year elided 31 tk¢¢n)b¢r 21124. Prineii)thl office Nortli Wi'nd Dalk'cith Midlothian EH22 IJE Bankers Ro}'al Btuik" ofscotlaiid pl¢ 63 Hj'gli Str¢¢t Dalkcith Midloihian EH22 IJA Sta¢us of Chllrily and governing (locument DalK'eiih Baplisi Church (SCIO) is established bi. Constitution. agTeed b). cliurch tsiember5 011 I Ihiober 2023 &iid approi'ed b}" Ilic O(fice of tlic Scottish Chwity, Regulaior on 21 Deceinber 2023. The Scottish Chariti, Nuiiiber ofthe SCIO 15 SC11fj31127 Th¢ SCIO was set up to replace Dalkeiih Bapligl Church (SC64721, M'hicli IaS an unincorporaied charity (UV AI. A date of .1 l March 2024 iir8S designated. gnd approved, for die tTansfer of Assets and LiabililT¢S from DalL.eith Bapb"5t ChiLrcli to Dalk"eith Baptist Chiircli SCIO. 'lknese Ount5 are tlierefore blei)dcd' AtunIS for tlic Iwo charities during 2U24. Aim% Mt'rilixtiDn Tlie ('.hurch proi'ides an cnviromneiil and a place for members lo worship aiid to ¢N)re$s their faiib lli the Lord Jesiis Christ. The Church also gives support to ¢¢1 the ph}.$1¢ at)d spiritual rtd$ of members, based on the tehings ¢0111oined in tlie Llible. The Church also supports activities involving the local niii)iinit)', as well as tliose involving i)alioiiai and iiiternatioiial bodies. The c.hurch is a m¢mher of the Bapli5t Uiiion ol Scoilaiid. A contribution is paid to ihc Scolti5h Baplisl Fuiid wliich proi'idcs rcsources wliicli are avoilable to all ttienjber cburches ofihe BUS. Offi¢e Benrer$ Trustees Ttie Trustees who served diiring the year and to tl)e date of tliis repori Are listed below. Tlie Truslees oftlie UVA, uiilil 31 Marcli 2024, Ivere tlie first tlree olthosc 118med below. The Ttuslees of tlie SCIO are the ill•nbers of the Leadersmp group. compnsing all those named below. Pastor Chiirch Secrelgry TreasLirer TIIL prupLrii IiLld bi. tlic Cliiii'cli is iioii iii i1iL iidlllL of IliL SCIO Appointment of adership Group Thc elcction of the Leader511ip takes place every four y¢ar5. Membcrs of tlio group must stand doThn from wsilAviis bul dj¥ ¥ligiblr fvi i¥*l¢bliuii. All fvl¥iiib¥is vf LI Cliuikn'li uiuy vl¥¥lLd. Aypiupiiultr candidates should iionlla]1 liave beeii actllre iii Christian w'ot&. for al least two )'ears and have demoiislrated their full iiiNo1.cmeDt in ilie life of th¢ Chur¢h through r¢gular attendance at th¢ Sunda>. servi¢¢s wid pra!'¢r meelings for at l¢a$t on¢ vear. Those who havc attractcd tlie sUPPOrt of at least sixtN' per¢ent of the meinbers voting shall be iniFitcd to scryc on tlic group. Bctwccn clcclion5, thc Lcadcrship May be iiicr¢as¢d in number for tlie relaInder of tlic Iirni of oificc bTr' clcclion or co-oplioii, subjccl to r¢]VIng th¢ &ipport of al least sixty, pcrccnl of tliose atlcnding the Church M¢etin8. Pase I
Dalkeith Ba tist Church SCIO Repoi of the Trustees]or ihe year ¢pTd¢d 31 Deceniber ?094 Induction and training of nejv ita(lership Groui) membery Tliere is no FL)nnal i1eti011 ld trkiniiig qUired for n¢ii' iiiembets. Givcii diol all iiem. member5 of th¢ group "ll1 have b¢¢Ji members of th¢ Cliur¢h for a i)Lllnb¢r of years, li is expected tl)at the! will be familiar ii'ith diose a¢tii'iti¢s wliich for]n of tli¢ lif¢ of th¢ Church. Furthcr COiiiFetence is dcs.c1od dwough -oil tlic job. ¢%p¢ri¢n¢¢ and guidanc¢. Th¢ mairt purposes of Ilic group wc to assi3t thc Pastor in th¢ pastoral carc ol Ihc congrcgalioii, to c0115idcr futurc dircctioiis for th¢ congr¢galioiiat lif¢ and lo ovcwc Ilic practical administration of thc Cliurch, incliidins financ¢, fabric wid the arraiigeii)ciits for meetings a)d scThTrc¢s. Non¢ of tli¢ membors of the group re¢eive an}. honorariuni for tlieir work. Ai)v volunt¢¢TS ivho help in orgai)i5iiig N'¢iils do iiol rtyYii'¢ 411) r¢i)iuiKratioii oLI)er tl)an r¢iiiiburs¢d expciises. ALhith'emeftts llnd perfomianee Tlie nuinber of ]nenibers of tlic fellowsliip winain¢d fairls. stali¢ duriiig tlie vear bul we iTr¢r¢ eucouraged b!. Ilie faithful participalioi) of Illose iiieinbers iii cliur¢li aclivili¢s and by their Oth in gr. We hai'e b¢¢ii aicouraged by Ille participalioii ofvounger people loo. Tliertt was conliiiued a¢livity' in co-operalioii wilh local cl)wclies in 2024. and uLlivil)' in c0-0rLin with otlier I31 ¢harili¢s also (x)nlinu¢d during di¢ )'¢ar. with th¢ pre1&5 L.u1¥ used . Hori4uns recover), café, A17h¢in)er's dellientia cafe and ib¢ Red Cross. T]ie rulli)iiig of ¥n Alplia cout7¢ diiriiig Ihe aulutnii provided Jn opportunity. for ihc involvement of a wider circle of members wid tliere wlls an encouraging iiwnber of arteiidees. Rcceni monilis. iii 2025. have $¢en art eftcouraging iA¢rea$e in a¢tend&iceg on Swidavs. We ¢illnUe lo fac¢ il)¢ future confidciii in the pow¢r, sovcr¢igiity and faiilifulii¢ss of Ilic God ivhotll W¢ love and seryc, FinaDcIMI rei'leTh' PrinL'ipul sour¢'es of]undlng Donations received from members of the Churcli fonn ilie maui source of income ol tlie Church. As a registered charih., tlie cliurcli also reclaims &'ft Aid froin HMRC. Tlie churcli also received a small )iouiit of interest froill funds held on deposit in 2U24. Resultsfor ih¢y¥ar The financial statements for Ihe year are Sel out in pages 4 to 8. The Receipts and Pavment$ Accounl on page 4 refiects a dcficit of 125.017 12023". dcficil of £4,962). Total reserves as at 31 tk¢en)bff 2024 wcre. £llll.S11.1 (21123. 105.522). Iviili a gciieral lund of £28.882 12V13. £J3.012) and Kstrici¢d funds of £51,624 (2023.. £52:J I n) ResenY$ The policv of the Cliurcli is lo aim to mllinlain iiire5tricted fuiids M'liicli are sutricieiit to ¢over two moiiilis runiiiiig costs of tlic Cliurcli. The curreilt level of resen'e5 mee15 this aiiii. Wicre donolKons are reccivcd Th'iih 5Cl(1C instruclioiis allxlicd, tlien il)e leadership group ensure5 thai tlie don8ts011 is Us1 for ihe purpose os speeified. OD IhlIff of the'l'riisteeg Datc.. Pog¢ 2
Dalkeith Ba tist Church SCIO Report of the Independent Examiner to the Trnsteesfor ihe year ended 31 December 2024 I rq)ort on the accounts of the charity for the year ended 31 Decanber 2024 which are set out on pagcs 4 to8. Respective responsibilities of trustees and examiner The charity's trustees are responsible tor the preparation of the ticcounts in accordance with the tern of the Charities and -frusle¢ Inveslmenl (Scotland) Act 2005 and the Charities Accounts (Scotland) Kegulations 2006 (as amended). The ¢harity tnteeS consider that the audit requirement of Regulation 10(l) (d) uf the 2006 Accounrs Regulationg does not apply. It is my responsibility lo examine the accounts as reqlured under section 44{1) (c) of the Act 3nd to stale whethei particular matt¢rs havc come to my attention. Basis of independent examiner's statement My examillation ts carried out in e0rdance with Regulation I l of the Chai'ities AcLLTrunls (Scotland) Rewulations 2006 (as amended). An cxamination includ¢s a review of the accounting records kept by the charity and 4 comparison of th¢ accounts pr¥5Clltcd with those reeords. li also includes consideration of any unusuaI items or di.8closures in the accounts and seeks explanations frotn the truse5 concerning such matters. The procedures undertaken do not provide all the evidence that would bc requir in an audit, and Consequently I do Llot express an audii opinion on the vicw given by th¢ ac¢ounls. Independtnt Examlner's Statement In the course of my examination. no matter ha5 come to my attention other than that disclosed below: which gives mc reasonable cause lo believe that in any material respect th¢ requiremenL8.' to keep accounting records in accordance with Section 44(1) (a) of the 2005 Art and R¢gulation 4 of the 2006 Accounts Re8ulalions (as amend¢d}, and to prepar¢ accounts which accord with th¢ tlLcvulliing records and comply witb Regulats'on 9 of the 2006 Accounts Regulations (as £unended) have not been mct, or 2. to which. in my opinion. attention should be drawn in order to enable a proper understanding of the accounts lo bc reu¥hed. Inncs & Partners Limited Chartered Certified Accountants Innes House 18 Shairps Business P Houstoun Road Livingston EH54 5FD Dafr:& May 2025 Pa8¢ 3 l+P Innes & Partners Charter1 cErU1 Accwntants
Dalkeith Baptist Church SCIO Reeeipts 8Trd Paym¢nt5 Acro1 For the year ended 31 December 2024 Unr¢strAetsd R¢stAtted funda Tot•1 2024 2•23 Not Rttelpts Offerin8s. bat)k Offerin8s- l(*)se Gift Aid r¢¢lAimed Oihrr dLTrnatiuns Bunk inler¥s1 55,891 9,388 13,354 55Wi 9J88 13 J54 17,694 691 60,610 13,408 16,729 12,063 286 2,363 691 Toi•l r¢ttlpts 93,764 3,254 97018 103,098 Paymentg Staff costs Donations ond 8ifts Repairs and rnaintcnanrt Heat. light and insurdnce Cleanin8 Rates and woter Priniin& wsts8e swlon FdluwshLP 8iJL8 RlurcC [rerials Independent examSnailon ftes Telephone Sundry ¢xp¢nditure Flowen ProfeJ%iQn fees Licences 41.612 12,071 l2,954 22,017 8.646 3,869 41,612 16J06 12,954 22,017 8.046 3J69 39,716 10,944 8,956 18.897 8,317 3,785 1.159 3.880 4.100 792 603 1.553 418 3,6111 1.059 4,235 5.330 2.648 870 687 1,172 5,350 2.648 870 1.172 386 Total payrnents 117.800 4235 122,035 108,060 N¢t (d¢fid¢)1surpluJ fw the year Transfers (24036) 195) {24.131) 1981) 95 (25,017) 14.962) Net mov•ment In fullds after trnnjfen (886) (25.017) 14.962) Total fijnds tmjght forward 53,012 52.510 105.422 110,484 Total thrnds rarried forw•rd 28.882 Sl.624 8OJOS 10SJ22 (Nole JJ INole 6) The notes on pa8es 6 to 8 forni kwrt of these finartCiAI sthtem¢rtlS. Page 4
Dall(eith Baptist Church SCIO ststement of BAln¢es As at 31 Decanber 2024 2024 Opellijtg ID¢fidt) balanc¢ for year 2023 (Dcfidl) Clojiwg rymr balante N(¢¢s Ckxing blaD¢¢ bl¥n¢¢ CAth W9ts¢es 105,522 (25,017} 8OW5 110.484 14,9621 105,522 Total s$ets held 105,512 (25J)I 80,505 110,484 105,522 4,962 Unrestrict¢d funds Restricted funds 28082 51,623 811J115 53.012 52,$10 105,522 Sttern•nt of wets It 31 Deeembtr 2024 Fired Freehold [Perty, church and manse Theproperile.T were revalued In 21115. 540,000 540,000 Currenl Gifl Sid due 2,096 542,1196 2,107 542.107 StitJnent olllalAll¢l¢J *t JI Dettmber 2024 Invol5 due tor Yrnt 2,028 870 Th¢ fLnanrial 3thtemcn(s on PAges 4 to 8 were arOr0v by the Trustees on 7.1 May 2025 and siBned on their bchalf by the undernotcd: Th¢ not on pa8eJ 6 to 8 fonn tmrt of Ihesc financial stht¢ments. Page 5
Dalkeith Baptist Church SCIO Notes lo the Financial Statementsfor ihe year ended 3J December 2024 l. A¢¢ounting pollde8 Ateounilng Conni10 The financial stsiements have been prepared under the historieal cost convention, and in accordance with the Charities Accounts (Scotland) Kegulations 2006 (&s amended). offinartcial sthlements The financial statsments havc bccn prepared on a receipts and payments b15. All income And expenses arc aCC(Wnt for when received or paid. For the PUTW)$e of the Receipts and Paynents Account as shown on page 4. funds are defined as follows: UnreBtrieted funds Comprise grants other income received for tho objt$ of the (hUh without further specified purpose and available as gcnernl funds. RestrScted funds represent incorne which has been received for the objects of the Charity and StGIr1ed for a restricted PUTP05e within these objects by ihe donor. Page 6
Dall(eith Baptist Church SCIO Noles to the FiDaneial Statementsfor the year epded3J Décember 2024 2. vlith Tru5toes Remuneration was paid fy) for his work as the Pastcr. amounting lo 37.3 {2023: £35.610}. pen4ion payments of £4.31] 12023.. £4,094) and reimbuned expenses of £1.193 12023: £478}. No other ext)eiises were Daid to the TrnSt duttno the vear(2023'. nil) in iheir caDgcity as TnLStees. 3. Staff tts and numblfs 2024 2023 Gross salatiC5 Pension contributi(ms Pensitx Defi¢il Panent 37JflO 4Jll 35,610 4.094 12 41.612 39,716 Th¢ Avero8e number of employe¢s during th¢ y¢4r was l {2023: 1). 4. Don*tlons Ind x1ft5 Unre51rfrted fun Reslrlded fun 2024 TotAI 2023 Tot•1 SLX)tti%h RAPtisi Fund Baptiyt Missionary Society Storehwse Ccffipas5ion UK D¢thny Christian Tyust Omf Int¢mativnal Other grants and gifts AIM International Ellon B&piist chUh SU Scotlond Bamabas Aid Scottish Baptist MinistersFelk)wship Watolo Child Care Ministri Asian COnrn 4.323 3.013 4,323 3,013 3,1198 3.960 2,760 3.098 384 424 125 1.320 600 375 375 l.J50 lJ50 1.000 275 480 720 240 72 2411 762 600 762 600 12,071 433S 16J06 10.944 5. Unrestrleted fulld$ BAIAnce ¥Jt 111.111.24 Ineome Expenditre Travfe 31.12.24 G¢ncrnl fvnd 53.012 93.764 (117,8001 (1170011) (95) (95) T¢Aal unrestrlcted filnds 53,012 93,764 28,882 Explonarton offuftd rk Cienerolfvnd encompasse$ all income and expenditure relatin8 to the primary focus Bctivities ofthe charity, other than the for which fvnding Is restrieted. Page 7
Dalkeith Baptist Church SCIO Notes to the Financial Statementsfor the year ended3J December 2024 6. Restrifted fund5 Balance 4t 01.0124 Balance 4¢ 31.12a4 Ineome EApenditsre TrAnsfers Church premiscs fijnd Other donations fund 50.932 1.578 691 2,563 3354 51,623 (4,2351 95 Totsl restricted funds 52,510 (4235) 95 51ffj23 The Church premise3fvF relllla% to a l¢gacy 8iv¢n tr) th¢ chUh which was ¢xpressly for ¢xtendin8 ¢XlStin8 prerniscs or purchasing fiJrth¢r pr¢miscs. The vih¢r duKaiivn.Ffund relate5 w inLome generaied from specific collections for a named cause such as I1 hariiies or disaster relief. 7. Penilon obli8AtIofts The ChuT¢h is a participating employer the Baptist Pension Scheme I'the Scheme"). which is a 5epaTate leyl entity adminlstered by Ihe Pension Trustee (Baptisi Pensi Tru$1 Limittyjl. The Scheme, previously known as the Bawisi Ministers Pension Fund. s¢arted in 1925. At the beginning of the financial year. the scheme comprised of a defined benefits sch¢me which wa5 closed to fuiure accTual on .1 l Deeejnber 2011 a defined contributron plan which was opened in January 2012.'lThe &%stis of the Seheme ate held seplrdtely from those of the Empl¢)yer and the Diher participatin8 tJnpl(ryeT%. For the current finelaY year. th¢ pensicm provision for members of the Scheme is b¢ing rn¢ through Ih¢ D¢fined Contribution (DCI Plan. In general, m¢mb¢rs pay Iheir P¢nsionuble Inc¢)m¢ and empluy¢rs pay 6% of mernbeT5' Pcn5ionable Incotne ints) individual pension accounls. whiLh are operuted and mttnaged ¢)n b¢half ofthc Pcn5iun Truslc¢ by Broadslone Corporaie Benefits Lid. In addilion, Ihe employer pays a furthrr 4° of Pensionabl¢ In¥urn¢ ¢1) LY)ver Death in SeEvice Benefits. admlnistration cthts. and as5CCLated insuranLZ policy which provides income protection for Seheme m¢mb¢rs If ih¢y are un4ble to work due w long-t¢rm incapacity. This income protectioth poli¢y has been insured by the Baptisr Union of Great Britain with AviY& Limited. Furthermor< members of th¢ Basic Seciion pay reduced contributions of 5Yo of Pensionable Income. and thelr emplorn also pay a totsl of 3%. In October 2024. the insurance company Just Group cornpletcd a buy out of the liabilities of the ¢105ed defin benefii stheme. From that date any remaining liability of the participating schem¢ members to defin1 benefit scheme ceased aThd the £1 per month d¢fKit contrihutions payable by the participating employtts which were a8reed in the recovery plan approved in August 2022 also eeased from that date. AdminLStration of the closed defined benefit scherne transferred frDm the p¢nsion tvustees to Just (irwp th&t date. Pag¢ ¥