Audited Accounts

As a church our offerings and other income (legacies, donations, room rental income, etc) are recorded as our Income. Salary costs, property costs, ministry costs, support of mission partners, cost to serve our community, etc. are recorded as Expenditure.  A small excess or small deficit indicates that our planning was good and our management was sound.

We maintain a number of funds, most of which have been given for a specific purpose. However our General Fund is our main church fund and while in theory can be applied for any purpose it is really held to ensure the church is financially reslilent when something large and unexpected arises: most people might think about the church roof falling in, but in fact Covid-19 is a much better example!

Our financial status is reported to members at each Gathering during the year and the final 'Audited Accounts' for the year ended 31st March are produced each year. These accounts are reviewed in draft form by trustees, audited by external auditors, and submitted to members at the Annual General Meeting (AGM) which is held each November. Following members' approval the accounts are then submitted to the charities regulator (OSCR) and published on their website. You can view the most recent audited accounts here : SBC Financial Accounts to March 2022

Prior years audited accounts are available here : SBC Audited accounts - Archive