2021-12-31-accounts

	~ ~
Note 2 Accounting policies
INCONIING RESOURCES Recognition of incoming resources These are included in the Statement of Financial Activities (SoFA) when: ~ the charity becomes entitled to the resources; ~ the trustees are virtually certain they will receive the resources; and
	e the monetary value can be measured with sufficient reliability.
Incoming resources with related expenditure Grants and donations	Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SoFA. Grants and donations are only included in the SoFA when the charity has unconditional
	entitlement to the resources.
Tax reclaims on donations	Incoming resources from tax reclaims are included in the SoFA at the same time as the gift		to
and gifts Contractual income and	which they relate. This is only included in the SoFA once the related goods or services have been delivered.
performance related grants	Gifts in kind are accounted for at a reasonable estimate oftheir value to the charity or the
Gifts in kind	amount actually realised.
	Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or
	distributed by the charity.
	Gifts in kind for use by the charity are included in the SoFAas incoming resources when
	receivable.
Donated services and facilities	These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity ofthe service or
	facility received.
Volunteer help	The value ofany voluntary help received is not included in the accounts but is described trustees' annual report.	in	the
Investment income	This is included in the accounts when receivable.
investment gains and losses	This includes any gain or loss on the sale ofinvestments and any gain or loss resulting from revaluing investments to market value at the end ofthe year.
EXPENDITURE AND Liability recognition	LIABILITIES Liabilities are recognised as soon as there isa legal or constructive obligation committing		the
Grants with performance conditions	charity to pay out resources. Where the charity gives a grant with conditions for its payment being a specific level ofservice or output to be provided, such grants are only recognised in the SoFA once the recipient ofthe grant has provided the specified service or output.
Grants payable without performance conditions	These are only recognised in the accounts when a commitment has been made and there no conditions to be met relating to the grant which remain in the control ofthe charity.		are
ASSETS Tangible fixed assets for use These are capitalised ifthey can be used for more than one year, and cost at least F300. They by charity are valued at cost or a reasonable value on receipt. Investments Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value.
Stocks and work in progress	These are valued at the lower ofcost or market value.

		Freehold land &buildings	Antiques &Art Works Chapel	Antiques &Art Works Chapel	Antiques &Art Works Chapel	Fixtures, fittings and	Motor Vehicles	Total
						equipment
Balance brought		239,600	53,015			148,651	3,000
forward Additions						10,000			10,000
Balance carried		239,600	53,015			158,651	3,000		454,266
forward
5.2Accumulated	depreciation and impairment				provisions
	Basis	Striaght Line	None			Reducing Balance	Striaght Line
	Rate	2%pa				25%	20%
Balance brought		66,188				143,139	3,000		212327
forward Depreciation charge		3,792				1,378			5,170
foryear
Additions Balance carried		69,980				144,517	3,000		217,497
forward
5.3Net book value Brought forward Carried forward		173,412 169,620		83,018 53,015		5,512 14,134			231,939 236,769

Note 7	Oebtors and prepayrnen	ts
Analysis ofdebtors			Amounts within	falling due one year		Amounts more	falling due after than one year
			This year f		Last year	This year		Last year E
Trade debtors
Prepayments
		Total
Note 8	Creditors and accruals
8.1 Analysis ofcreditors
			Amounts	falling due		Amounts	falling due after
			within	one year		more	than	one year
			This year		Last year	This year		Last year
Loans and overdrafls			167,317		157,317
Trade creditors
Other creditors			32,813		28,911
Accruals and deferred	income		193		392
		Total

										Amounts	paid or benefit value	paid or benefit value
	Name	of	trustee	or	related	party	Legal authority (eg order, governing document)			This year		Last year
None							None

9.2Loans
				Amount	owing
	Name oftrustee or related party		Legal authority	This year		Last year
Due totrustees and	RevJRIlacleod	None		164,317.00	K	154,317.00
related parties
Due from trustees	None	None
and related parties

9.3Other transaction(s)	with trustees	or rel	ated par	ties
Name ofthe trustee	Relationship	to		Description ofthe	This year	Last year
or related party	charity			transaction(s)
None	None		None

rustee name	ffice (ifany)	Dates acted ifnot forwhole ear	Name ofperson oint trustee	(or body) entitled to ifan
Rev David Hall
Rev J R MacLeod
Jean MacLeod