**Glasgow: Kelvin West Church of Scotland** ## **ACCRUED (SORP COMPLIANT) ACCOUNTS USING MERGER ACCOUNTING TO RECORD A UNION DURING THE YEAR** ## **FOR THE YEAR ENDED 31 DECEMBER 2024** ## **Congregation No: 161080** **Scottish Charity No: SC000289** Glasgow: Kelvin West Church of Scotland was created on 28 November 2024 by way of a Union between Wellington Church of Scotland (Congregation number 161044) and Glasgow: Kelvinbridge Parish Church - Church of Scotland (Congregation number 160955). **Glasgow: Kelvin West Church of Scotland Trustees’ Report Year ended 31 December 2024** ## **Contents** |Reference and Administration|2| |---|---| |Details Trustees' Annual Report|| ||3 - 16| |Independent Examiner's Report|| ||17| |Statement of Financial Activities|| ||18| |Balance Sheet|| ||19| |Notes to the Accounts|| ||20 - 30| |Appendix|| ||31| 1 **Glasgow: Kelvin West Church of Scotland Trustees’ Report Year ended 31 December 2024** ## **Reference and Administration Details** ## **Trustees** ## **Principal Office-bearers** **Principal Office Charity No:** SC000289 **Independent Examiner** David Nicholls FCCA Brett Nicholls Associates Herbert House 24 Herbert Street Glasgow G20 6NB **Bankers** Bank of Scotland Royal Bank of Scotland PO Box 1000 Glasgow Charing Cross West Branch BX2 1LB Clifton Place Glasgow G3 7JU 2 **Glasgow: Kelvin West Church of Scotland Trustees’ Report Year ended 31 December 2024** The trustees present their annual report and financial statements of the charity for the year ended 31 December 2024. The financial statements have been prepared in accordance with the accounting policies set out in the accounts and comply with the General Assembly Regulations for Congregational Finance, 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 applicable in the UK and Republic of Ireland effective from 1 January 2019. ## **Objectives and Activities** Glasgow: Kelvin West Church of Scotland was created on 28 November 2024 by way of a Union between Wellington Church of Scotland and Glasgow: Kelvinbridge Parish Church - Church of Scotland (“the Union”). The Church of Scotland is Trinitarian in doctrine, Reformed in tradition and Presbyterian in polity. It exists to glorify God and to work for the advancement of Christ’s Kingdom throughout the world. As a national Church, it acknowledges a distinctive call and duty to bring the ordinances of religion to the people in every parish of Scotland through a territorial ministry. It cooperates with other Churches in various ecumenical bodies in Scotland and beyond. As such, Kelvin West has endeavoured to define and interpret its call and mission through the following statement: _‘Love one another, as I have loved you.’ (John 15:12). We welcome into the life and worship of our congregation all people whatever their ethnic origin, gender, background, age, sexual orientation, mental or physical ability. We affirm our diversity and the dignity of each person. ‘Welcome one another, therefore, just as Christ has welcomed you, for the glory of God.’ (Romans 15:7)._ The Church’s understanding of mission begins with its stated commitment to welcome and inclusion within the life and worship of the congregation, and to a communal journey of faith on which we come to know, to accept, and to live the love of God in Jesus. However, these words of welcome and love also represent our vision for a truly human community anywhere. Our mission is to embody that vision, and the values of the kingdom of God that underpin it, and to take it out into the world. In light of this, we understand the mission of the church to include a commitment to, and action (often in partnership with other individuals and organisations) towards what the World Council of Churches has summarised as ‘justice, peace, and the integrity of creation’, and we therefore include the following particular areas in our understanding and practice of mission: **1.Care for Creation:** Because we believe in a loving and caring Creator God, and because we believe that we live in a world and on an earth created to be integrated and interdependent, we aim to work toward an understanding and a way of living that respects the natural world, cares for the environment, and lives in harmony with the earth and the future of its people. **2.Justice and Human Rights:** Because we believe that every human being is made in the image of God, we attempt to work towards a world where equality and human rights are understood and lived, and also towards a world and a society where (in the words of John Calvin) ‘no one has too little and no one has too much’. **3.Peace:** Because we follow Jesus, the Prince of Peace, we are committed to working towards, and advocating, solutions to the problems and difficulties of the world that avoid the use of violence and force whenever possible; and we support in whatever way we can the often repeated position of our General Assembly that the possession or threatened use of weapons of mass destruction, including nuclear weapons, is immoral and illegal. **4.Unity and Understanding:** Because we believe that the Spirit of Pentecost is one of understanding and unity, we work to promote the unity not only of the church but also of the world, and to promote understanding between people, faiths, and nationalities. **5.Refugees and Asylum-Seekers:** Because we believe that the scriptures call on us to welcome the stranger and to care for the foreigner and the oppressed, we work in whatever ways seem possible to bring into the care of the church and the wider community those who come to us from other lands, particularly those who come in fear and in need. **6.Young People:** Because we believe that we are called to look always to God’s future, we work toward promoting this faith and work, life and love, among the young, seeking to equip them for what is yet to come, to inspire them in their lives and to be inspired by those lives, and to express our trust in them for the future of the world and of the church. 3 **Glasgow: Kelvin West Church of Scotland Trustees’ Report Year ended 31 December 2024** ## **Achievements and Performance** _Kelvinbridge Parish Church_ Our principal objectives are encompassed by five marks of mission: - To proclaim the Good News of the Kingdom of God. - To teach baptise and nurture new believers. - To respond to human need by loving service. - To seek to transform unjust structures of society, to challenge violence of every kind and pursue peace and reconciliation. - To strive to safeguard the integrity of creation and sustain and renew the life of the earth. To this end there are services of worship on a weekly basis at 11 am on Sundays. A Soup and Pudding lunch follows the morning service on the first Sunday of every month. Holy Week Services are shared with other local Church of Scotland congregations and Hillhead Baptist Church. A Youth and Community Outreach worker was appointed in January 2022 on a three year contract, locally funded by Kelvinbridge. She works widely in local schools, often in partnership with youth workers from other churches, with the Wheel Trust, and with Scripture Union. She takes part in and sometimes partially leads events such as Magnitude, a five- day annual residential Christian youth festival for young people aged 11-18 based at Lendrick Muir near Kinross. She has organised and run a study group on The Lord’s Prayer and organised Future Focus sessions reviewing our priorities for mission. She has contacts among some students who attend worship from time to time and has organised a social event for them. She was instrumental in setting up and running a weekly Warm Space, providing free soup, teas and coffees, which began in October 2022 which has since transformed into a successful Coffee and Craft group. The church’s own youth organisation is the 1st Glasgow Boys’ Brigade Company with Anchor Boys, Junior Section, Company Section and Senior Section members. We also host Rainbow Guides, Brownies and Guides. Various social and fundraising events are organised throughout the year-sometimes shared with Wellington Church. External organisations use our building and these include a Tai Chi group, a band from a local charity, the local community council and other occasional lets. Regular hall-lets and occasional lets ceased as of 31st March 2024 as part of preparations for the congregation of Glasgow: Kelvinbridge to unite with Wellington Church of Scotland, Glasgow to form a new united congregation per the current Presbytery Mission Plan. The Union is dealt with further later in this report. We have school chaplaincy outreach in two local primary schools; a secondary school for children and young people with special needs; and in a neighbouring independent school which has both preparatory (primary) and senior (secondary) departments. We also maintain a chaplaincy input into a local independent care home for the elderly. It is anticipated that these will continue into the union with Wellington Church. We are part of West End ACTS, an ecumenical grouping. Worship services continued on Sunday mornings, with a small stable core of worshippers and a small number of students and young adults attending from time to time. The final Sunday service in the Kelvinbridge building was on 17th November 2024 and the Service of Union with Wellington Church took place on 28 November 2024. The content of worship continued to be posted on the church Facebook page most weeks. This remained active until the date of union. An elder from Kelvinbridge, who completed Presbytery’s Word and Worship Course, is certified as an Authorised Worship leader and has contributed regularly to worship. Our Youth and Community Outreach worker has undertaken Presbytery training towards becoming an Authorised Worship leader, but still has to receive accreditation. We anticipate that her contract will be extended into the union of Kelvinbridge and Wellington. It has been agreed that the 1st Glasgow Boys Brigade will transfer their activities to a new base in what is now Wellington Church. 4 **Glasgow: Kelvin West Church of Scotland Trustees’ Report (cont) Year ended 31 December 2024** ## **Achievements and Performance** ## _Wellington Church of Scotland_ Wellington Church continues to be a place of worship, of welcome, of hospitality, and of service. Led by its Transition Minister, it has worked on finding its place in its cluster, as the Church of Scotland in Glasgow restructures, and on continuing to deliver worship and activities both in person and online. As detailed elsewhere in this report, in the course of 2024 discussions with our neighbours at Kelvinbridge continued leading to a union of the two congregations based in the current Wellington building on 28 November 2024. Throughout, Wellington’s Assisting Minister, Rev (also moderator of Glasgow Presbytery until June 2024) has been in post offering leadership and support. The various Committees of Session oversee the wide variety of activities it undertakes, which are summarised below. Leadership activities are ably supported by the Church Administrator, The Church Officer, also strongly supports the ministerial team and acts with the Administrator, as key contacts for the groups who use the premises. Sunday Morning Worship has continued to be delivered in person and simultaneously live-streamed during the period. This dual mode of delivery allows more infirm members, or those who cannot attend on a particular Sunday morning, still to join with us. Our AV has been ably manned by and ministry, together with that of and occasional preaching by others including some of own members such as has been greatly appreciated by the congregation. In August, joined us as probationer minster and has made a valuable appreciated by the congregation. In August, joined us as probationer minster and has made a valuable contribution to worship at Wellington and the life of the congregation. The ministry of music facilitated by the organist, also continued to bless and help lead our worship. Through the ongoing generosity of church members, the appointment of four choral scholars was sustained through the period. We have continued to experience challenges in welcoming children and young people back into our fellowship although, as detailed elsewhere in this report, we have been blessed by the regular attendance of two more children and other young people in 2024. Wellington is also blessed in the range of diverse skills of its members and elders and has been well served with worship arrangements, including online and inperson Bible Study, Sunday services and celebrations such as Advent and Easter which are creative, engaging and spiritual. continued the short, informal period of worship at 5 pm on a Thursday evening as part of our outreach to students and staff at Glasgow University (and others). Currently, there is no evening service. The small chapel created in Wellington’s crypt has continued to be a worship space for the Orthodox Church. This carries on our development and practice of practical ecumenism, allowing us to share one of our key resources with another Christian tradition. We also shared the sanctuary with the Praying Hands Asian Fellowship. Links with the University have been continued. serves as chaplain to the medical faculty, and Rev are also part of the team of Honorary Chaplains. Links with the University Chapel are sustained. We have been able to take the opportunity to unite our choirs for a service during this period. The Education, Worship, Media, and Communication Committee is composed of as the convener, Rev as the Transition Minister, Rev as the Assisting Minister (Ordained Local Minister), Rev who offer valuable support in Bible studies. Others include the Music Director, elde The 2024 calendar, including worship, Bible study, and Sunday music by the choir, was thoughtfully organised by Rev respectively. The committee expressed itself very happy with the contribution of music including the choral service made to the worship of Wellington Church. The committee noted the success of the joint service with the University chapel choir, under the direction of the church’s Music Director and that of the University. The committee appreciates the efforts of the team involved in enhancing our online presence. The Sunday School, under the leadership of nd supported by elders and others, consistently attracts and engages children and young people in our worship through a variety of activities. Nevertheless, the committee invites suggestions and ideas for activities that could further enrich the church and its environment. 5 **Glasgow: Kelvin West Church of Scotland Trustees’ Report (cont) Year ended 31 December 2024** The Questions of Faith Group continued to meet weekly with several new members during the year, resulting in around 8 regular attenders. Discussion was invariably lively, usually based on a book; over the past year these have included Christian Atheist: Belonging without Believing by God, Faith and the New Millennium by Without Buddha I could not be a Christian by The Universal Christ b nd The New Religion of Life in Everyday Speech by The Bible Study Group met throughout 2024. The studies led by and others covered the following topics: A series of Studies based on the musical film “West Side Story”. Scottish Bible Society studies on “How to be the church”. Christian Aid Study “Act on Poverty”. Most of our studies have been held on zoom with an average attendance of 15. There have been good discussions and the group attending has an age range of 23-89! ## Music, Worship and The Life of the Congregation The contribution of the director of music, o the whole work and worship of the church has again been greatly appreciated. The choir and the continuing involvement of our four choral scholars, whose employment is now wholly supported by donation rather than church funds, has been a significant benefit to the range and quality of music, and consequently to worship, on Sunday mornings. The scholars continue to work well with the volunteer members of the choir. The monthly Saturday lunchtime concert series took place from January until June 2024, the final one being included in Wellington’s participation in WestFest (which replaced the pre-Covid West End Festival). The other WestFest contribution was a concert and presentation celebrating 140 years of the organ. These were well-supported by the congregation and brought in a variety of people whether as performers or audience members. The Cosy Café on a Friday lunchtime at Hillhead High School also continued in the period and is supported by the Transition Minister - being one of a number of chaplaincy activities which he undertakes with the School. He has also participated, by invitation, in events at Hillhead Primary. ## Mission and Outreach Committee (M&O) Wellington’s "Understanding and Practice of Mission" underpins the work of the M&O committee, which is convened by Maureen Small. The committee coordinates many outreach and fundraising activities of the congregation. Each Lent there is a major appeal for three chosen charities, one local, one national, one overseas. Christian Aid Week in May is another important focus for fundraising and Special Collections for different charities are taken at special times of year including Christmas and Remembrance Sunday. The committee oversees the operation of the Crypt Cafe and the International Welcome Club, whose work is described below. Justice and Peace issues, such as destitution and homelessness, are brought to the congregation for action. The committee supports Fair Trade and the congregation’s involvement with Eco-Congregation Scotland. In 2024, the Lenten Appeal supported Refuweegee; CrossReach; and Embrace the Middle East. Speakers came from all the charities to explain their work. Transform Trade continues as the successor to Tradecraft Exchange, the charity arm of Traidcraft. remains our link with them and with the Scottish Fair-Trade Forum. We continue to highlight the importance of buying Fair trade goods and use Fair trade coffee and tea in the church. The Crypt Café: A sub-committee of the M&O, convened by oversees the work of the Crypt Café, which operates Monday - Thursday from 10.30 am to 1.45 pm during university term-time (September to March). the manager, and the cook, continue to provide excellent home-made soup and snacks and a warm welcome to university students, staff and others. They are aided by many volunteers from across the world and the hard work of the kitchen porter. ## The International Welcome Club 2024 was a year of celebration and of sadness. **Celebration -** The Club marked 20 years of its existence in several ways. - 1) Formal research was done by the University of Glasgow into the health and wellbeing benefits the Club provides for international students. This showed many benefits including: - providing a safe, non-judgemental space where International Students could express themselves. - helpful in dispelling loneliness and mental health issues Further research is underway now (March 2025) to examine the health and wellbeing benefits the Club provides for asylum seekers. 6 Glasgcw: Kèlvln Wèst Ctr#reh d SecllaThl Trust•ès' ￿ptrt leth*l Y•ar ènd￿ 31 Doeèml*r 21124 21 T*r) videos v*re creat8(I by aub to provKJè P￿)￿LEs of aub Mèn**ts sayirwJ - diréctty - the aub had rrEant to them. ￿re are planneil for 2025. 31 A Frlthy Hesta was held to hKJhlight the groups and cYgani8at*)ns use the Iwliwon build#ig and are therefore part of the Church faffily - as ¢s the aub itselr. 41 thre than 20 aub nErrthrs allended a wblic Intematic*o1 fAIKlh ￿ (hn Trkn lyganis￿ by a aub SUPFQrter- Sutr￿￿The aub (wganised a successful of walks, visrts to places such as the Southem Necropdis in GreetKtk. Sunm)*dee lThJJslrial F*ritage Park and the Burrdl cuInMnat￿ in a BBQ in Kelvingrove Park. r￿￿￿EVery ￿e8k (except It￿ a Short break at C*iistrTB5 and New Year and Ihe aub holiday rrK)nlh of MAY) an English Language ConvèrsatK)n Comer has bÈen held M Ztxxn M a Wednesday and faeÈ-t￿f8cè in the t Cafe tx) a Thursday. Wednesday have been devotedly set u and run b ow tesKlent in Spain and tTr)ves bet￿n Glasgow and Bute *ith back up from Thursday Conversalion C4Yners in the Lrypt has a big team of volunteers - TrTh)s(ly from trtfftg KoThJ - n￿naging the selling uplreg¢slrath)n and vital Tea fitre - with a pool of mre than 30 I￿al people are the Fbsls and Fk61esses. Thanks to lechnical *izardry of one of new rrt>8rs. Qub ￿￿[rt)erS use QR c(xl85 to $wJn in. ElldaL£￿ sees an average of 15 to 20 ft￿t each Fnday upstairs in the Kfjtchell lknm for a wde rarwJing prOgran￿ of talks and other activities. Qrcle tknciThJ is ol n)Jst Fwilar activities in the Fwc#Jran￿ takes place eith￿ in the Woodlands Hall of Ihe ￿Pt. A m)st enp)yatAe Bums Supper was held in January. S•thw$ - The death in hkwerrt)er of a core Team rFwr*)er for years - a shock as she'd t￿en 8 regular attendèr at th8 *e8kly Q)nversalion Corners in the Qypt CAfe ￿ Thutsdays arKJ at th8 FrKlay Qub upstairs on Fridays. She had handed (wer the resKM)nsibilrt￿s of Treasurer to Stan* To in the late surt¥rEr she nk)ved to Irve her daughter in L￿￿nId1Jry. The caub also Ictst in January anOt￿r core died very suddenly. at home. Fln•rto The aub ￿ than covered our costs arml th8nk ssion and iThrtreach all Iw help along 11 financial way. A g(wl$ aceount paid rMivat6ty f(x s(Th titrE VAII be paid by th8 church from Jan 2025. Chll•ThJ• FindirKJ new n*nkn to i￿n the core team to rnn the aLtJ. I Ihe teginning of Ihe year enthuSBst￿8lty dug in for a spring crop with sO￿e tatties chitting on various ￿7ndOW ledges waitirvJ to be ￿anted al the ri￿1 t11r￿. There are six FAots and Ihree raised ts￿1$ outsidé th8 Crypt CAfè. AJI arè eurrèntty t$nd6d but (XCaSK)n8lly 1￿c(M￿S avalatAè. Plot holders n*et every ￿￿daY afteM0￿ f￿ a cuppa aThJ a Catc￿Up. ShariThJ of 1nfomwtK￿ aThJ knO￿edge generally happens 'cKganically.' The Group has several Fec¥de *ith 'green firvJers' or as one person says in his first language. a green hand.. The aub also has a rotatirrfJ conyc61er is $￿ir￿j up the Creat￿ of ccrfrp)st. The garden is D￿tlY clay soil $0 quite difficult to grow anything bul over the years different ￿OIS are shohirvJ can be d¢￿e ￿1th TLC, deep digging And c(x)stant 8ttÉntitin. ks conver*d by It oversees the care of the c(￿gregat￿M) by ensuring that look out lor one another and thefefore has conlinued lo play a part in SUPFN)rting cMJr conmjnity and fello￿hip in 2024. The c£)n￿lt1ee has responsibilily for providing ￿)S￿lalitY *then needed lor Ihe folithbiTrJ regular aclivities ¥thich are both Pastoral and &Ki81 and form part of outre￿h of our ¢(xuregatKwh. 2024 has bèan a yèar of spèck41 evénts ￿tr￿n￿>sn.ny annrv8rs3ri8s of Signif￿ant past ￿￿nIS wjplè. arKI son signrficant exciting changes now aThJ in the future f￿ ojr corvJrega1￿. Infoml I￿rshiP takes ￿ace in our ktal Care a snRII team d volunleers includiThJ ffeffbers of the Kfjnistry team. share in leading the short serV￿e$. There 15 8150 tirre to chat and get lo krKyw the residents. sorrE of ￿tK)rn are nprTthrs of our congregation. We ar8 giv8n a warm MelcorTE by the staff and ar8 at lit￿rtY to visit anyti￿ s￿1 in regul8r s(xial èvents organizèd by thè cixjrdinator arKI carè staff. This h&8 continwl thT(MJgh 2024. **Glasgow: Kelvin West Church of Scotland Trustees’ Report (cont) Year ended 31 December 2024** Flowers are arranged in the church each week and distributed to others who may be going through a difficult time to express our love and concern and support. At Christmas, gifts are distributed to those who are unable to come and physically join in worship with the congregation. Our newsletter has been compiled for many years by one of our committee members and posted to folks unable to join us in person, to keep them up to date with events and other church news. Thankfully many folks can now join the services on-line. Towards the end of 2024 our editor felt it was time to step down from this task which was passed on to another willing volunteer from our committee who is about to produce her first news draft. After the morning service we gather in the hall, seated at small tables for coffee and chat and where new folks are made welcome and hopefully drawn into friendship and fellowship. Soup and sandwich Church lunches are also organized by the committee and take place about four times a year or on special occasions in the life of the congregation. We are blessed with many different nationalities within our congregation. Throughout the year weekly Bible studies take place with appropriate breaks, sometimes in person, but mostly online, as this allows those who can’t attend in person to share in the studies and fellowship. The committee, together with the ministry team, is mostly responsible for the chosen subjects. Studies were based on films with emerging themes. Others were straight Bible study sessions with shared leadership, using commentaries on different books from the Old and New Testament. The weekly Prayer meeting takes place before the studies on the same evening also on Zoom which allows more people who can’t attend in person, to take part. Two ladies have been responsible for the Prayer times and compile the weekly prayer requests. This is a vital and helpful ministry. In June the Bible Study Group enjoyed a lunch together in the garden of one of the members. Amazingly it was a warm sunny day. All the contributions of delicious food were shared and enjoyed outside with much chat and laughter giving thanks that we can freely get together around God’s word without fear of authorities, unlike many of our fellow believers in many parts of the world. The following week we enjoyed a congregational outing to Greenbank Garden, a National Trust property on the outskirts of Glasgow. We were really delighted to be accompanied by the son of the last owner of the property before it was handed over to the Trust. During the walk with him, he was able to tell some tales of the goings on in the past and even pointed out his old bedroom for us. This more than made up for the weather as did the layout of the lovely diverse plants in this intimate garden. Like many congregations, not many children have been coming on Sundays for a few years, but 2024 brought a further two new children to join the activities in the Creche room. Our new baby of last year, whose family is from Nigeria, is now a lively toddler who enjoys being a part of this group and is loved by all of them. We still have our delightful Japanese family with 4 children who are now joined by a Chinese family of brother and sister. The creche room is full but no one with English as their first language! We are so thankful for all of them. Amazingly we have a wonderful Japanese couple in our fellowship who love children and help with translation for one family although the older ones are rapidly leaning English at school. Our leader shares Bible stories with the older ones while helpers provide activities for the younger children. At Christmas we had a wonderful depiction of the Christmas story in word and song in full nativity costumes from all the children with some adults. This was so joyful and a truly authentic account of the real Christmas story which lifted our spirits. We are thankful to God for the blessings these young ones have brought to our congregation. ## Other Events and Highlights As previously mentioned, 2024 has been a significant year for the congregation in many respects. For the last 140 years, since Saturday 11 October1884, people have been worshipping in the Wellington building. The year began with a service of celebration on 21 January with the Right Rev. Moderator of the General Assembly and the Rev Professor Moderator of the Presbytery of Glasgow officiating. Throughout the year five other anniversaries of both people and events would be celebrated. This was not the remit of our committee. A special committee took this forward with contributions from the congregation. It is, though, worth mentioning these as part of the life of the congregation in 2024. Topics included the installation of our present organ; the union of Wellington and Woodland congregations; the birth of the International Club and the English Language Conversation Corner; the Commemoration of the work of a previous member of the congregation, and her distinctive and skilful embroidery work in designing 3 intricate pulpit falls and many other internationally recognized pieces of embroidery. 8 **Glasgow: Kelvin West Church of Scotland Trustees’ Report (cont) Year ended 31 December 2024** In April two members of the committee attended a talk by the author a former Baptist Minister, who has, from her personal experience, written three books on the subject of Wellbeing. She is the founder of the charity RENEW WELLBEING which aims to provide ‘simple, safe, sustainable spaces where it is OK not to be OK’. The committee was inspired by what was reported from her talk and felt it was important to explore this further as it could be beneficial for folks in our community and ourselves. Further training was undertaken to find out if this might be sustainable in our present building or elsewhere. We seem to be kind of drawn to explore this initiative. Easter was celebrated by the usual joint early morning service by the West End Glasgow churches in the Botanic Gardens followed by an invitation to Breakfast in the Wellington building before the Easter Day service at 11.00am. In May our craft group held a display and sale of their beautiful hand made goods with our committee providing the coffee and cakes. This sale of work was well attended enabling a significant donation to be given to Christian Aid. The moderator of Glasgow Presbytery for 23/24, member of our congregation, completed his term of office in June 2024 and, as is the custom on demitting office, anks and acknowledges the work of the incumbent in his or her own congregation in their own church building. This was a happy congregational celebration also including family and friends of the moderator who all enjoyed the home baking and listening to beautiful Scottish songs from two members of the church choir who were also students of Glasgow Conservatoire of Music and Drama. November saw another ‘packed out’ coffee morning with hand made goods from our craft group. This was also attended by the CEO of the Scottish Refugee Council who was invited to speak about relevant issues facing by refugees and asylum seekers. Thanks to the generosity of those attending, a significant amount was raised for the Linda Norgrove Foundation which supports women from Afghanistan who are receiving medical training and support here at Glasgow University as they are unable to do this at present in their own country. Thursday 28 November 2024 was a significant turning point for two West End congregations in the union of Kelvinbridge and Wellington Churches of Scotland to become the new United congregation of Glasgow: Kelvin West Church of Scotland. This is an opportunity and a new challenge for the new congregation to do new things as we explore our greatly enlarged parish. The service of union was followed by refreshments provided by our committee and the congregation. Christmas as ever provides an opportunity to share the Good News of Christ’s coming with our neighbours. The events began with the singing of ‘Carols on the Steps’ at the front of our building which is directly opposite Glasgow University, a busy thoroughfare. A few people stopped to listen. We were back again to the Curlers’ Rest for ‘Carols at Curlers’ with crafts and the story of Christmas told in word, poem and song for all who wanted to listen. This seemed to be a relaxed happy evening, again shared with our neighbouring congregations. Some members enjoyed a performance of ‘A Christmas Carol’ by the students of Glasgow Conservatoire of music and drama. The committee hosted the Congregational Christmas lunch as usual and then it seemed Christmas was suddenly with us with the Watchnight Service on Christmas Eve and the short morning service on Christmas day. We now look forward to working together as a new congregation and are trying to listen out for the ‘New Things’ and blessings which are in store for us as we renew our trust in God’s love and grace. ## Finance and Fabric Committee Chaired by the Finance and Fabric Committee continues to oversee the congregation's financial affairs and the maintenance of the church’s physical assets, including the church building, apartment, and manse. The committee’s diverse and exceptional skills remain invaluable, with members dedicating significant time and effort to a broad range of responsibilities. This year saw the farewell of who resigned from the committee and eldership. Her high-value contributions and decades of knowledge about church affairs are deeply missed. At the same time, the committee welcomed who spent the year preparing to take over as treasurer, and whose ability to focus the committee’s work and distil large tasks into manageable actions has been particularly welcome. Enormous thanks go to for stepping into the role of treasurer and to the outgoing treasurer, for his clear guidance and dedicated investment of time during the handover and throughout his tenure. 9 **Glasgow: Kelvin West Church of Scotland Trustees’ Report (cont) Year ended 31 December 2024** The committee also extends its gratitude to who has dedicated an enormous amount of time to the general oversight of the building and has maintained strong links with the workers next door, often extracting invaluable intelligence. ontinue to be a reliable force for manse inspections and for overseeing occasional works in the building. Meanwhile, s management of the payroll and oversight of letting agreements with tenants of the annexe has been another key contribution. 2024 saw the highest income from hall lets ever recorded. However, costs have also increased significantly, driven primarily—but not exclusively—by rise in energy costs following the expiration of the existing contract, with the renewal coming at a much higher rate. The increased income is particularly noteworthy given the continued disruption to the church car park due to works in a neighbouring building adjacent to it, as well as the introduction of high parking fees for on-road parking, now in effect seven days a week from 8 am to 10 pm. Despite these challenges, the strong demand for hall lets demonstrates that the building remains a well-used hub for local groups and communities who do not rely on car travel. Towards the end of the year, the committee initiated a process to address a backlog of maintenance and upkeep that had accumulated in anticipation of a possible building sale, which ultimately did not take place. This effort aims to ensure the church’s facilities continue to be well maintained and fit for purpose and will be a key task for the committee in 2025, finances permitting. Nevertheless, the committee acknowledges that its current size does not match the enormity of its tasks. Over the years, there have been multiple departures that have never been fully replaced, leaving a growing workload for those who remain. A continued grave concern remains that, despite the increased letting income, the church runs a significant deficit—a problem that the committee cannot strategically address with its current low membership. Another urgent task for 2025 will thus be to enhance the membership to ensure the committee has the capacity to meet the ongoing financial and maintenance challenges, as well as the additional responsibilities resulting from the union with Kelvinbridge Church. ## **UNION BETWEEN GLASGOW: KELVINBRIDGE PARISH CHURCH – CHURCH OF SCOTLAND AND WELLINGTON CHURCH OF SCOTLAND, GLASGOW** ## Union On 28 November 2024 the union between Kelvinbridge Parish Church and Wellington Church took place to create Glasgow: Kelvin West Church of Scotland. The Presbytery Mission Plan of Glasgow Presbytery was finalised in 2023 and accepted by the General Assembly in May 2023. In terms of the accepted Presbytery Mission Plan Wellington Church and Kelvinbridge Parish Church were to join in a union sometime in 2024. Discussions which started in 2023 between Wellington Church and Kelvinbridge Parish Church regarding the union carried on in 2024. There were also discussions with Presbytery. These discussions resulted in Presbytery issuing the Basis of Union and the related Basis of Team Ministry in August 2024. On 25 August 2024 separate meetings of the congregations of both Kelvinbridge Parish Church and Wellington Church were held after worship in the Wellington building to consider and vote on the Basis of Union and Basis of Team Ministry. The Clerk of the Presbytery, Rev chaired each of the meetings. He explained that he was not there to recommend voting for or against the Basis of Union and Basis of Team Ministry. He was there to ensure that the proper procedures were followed and to answer questions about the Basis of Union and the Basis of Team Ministry and the process of Union. He also explained that Presbytery had the final say on whether the union would go ahead. 10 Glasgcw: Kèlvln Wèst Ctr#reh d SecllaThl Trust•ès' ￿ptrt leth*l Y•ar ènd￿ 31 Doeèml*r 21124 Followng qUèStK)ns bèing askéd arKI an$*er￿1. thè votè by secrèt balkjt takan. The Kelvinbridge congregatKJn voted unaninK)usly in (a¥￿Jr of the Basis of aThJ the Basis of Team Mnistry. ￿1 bar one of the Wellington congregation voled in favour of the Basis of Lknion and Basis of Team ￿niStry. Presbytery 8gr8ed the unK>n bet￿￿ Glasw. Kdvinbridge Parish ￿Urch - ￿u[Ch of Scotland and Wellington {￿u[Ch of Seotland, Glasgow on 10 Septerrt)er 2024 arKI dèlèM￿td that thè dale of unin *rMJld ￿ 28 knièr]**t 2024. The Presbytery led serV￿e of Lkn*Jn took F*e ￿ the wellingt￿ bjikling ￿ the eveniThJ of 28 ￿Venthr 2024. The seNice was ￿11 attended by rTErrthrs of the c￿Te98¢1(￿S ot Wdlinglm Thurch arhy Kdvinbridge Part5h C*urch and by frbends of each c{M￿regat￿￿. The Moderator ol the Service Rek clergy were Rev Jordanhill Parish Lknurch. Followng the Call to Wwship by Ihe ￿#JeratOr the srging of the first hy￿ the Prayer5, including th8 Lord's Prayer. d the cpenirKJ The Scripluie Readings 14e￿ 1 SanAI 16: 1-12 reaj bY￿Of Kthintmty 3Th1 J(thn 4..1-15 ￿ad b This was fo1lry1￿d by the SerrrLJn. preach&Y A k8y part of thè sérv￿8 ¥￿S thè Aet of arm1 th$ Intr(X1￿1th ol Mnistérs. The Narrative of the basks ol read by the twite I1¢y￿d by Prayers of ThanksgNing by Rev A Question Wds Put lo Ihe c￿r8gaII￿ askirvJ rf havirvJ agr￿1 lo the lkn￿, tlw w)ukl ￿d9@ Ih8Thselves, in the presence of God and d8pending his help, to ￿ fatthful to th8 COV8nant ot untty, lovè ￿ace irhto ￿lch th8y ￿rè now entering. for the better serV￿e of ￿riSt'S kry(kMlI and the gl(ry of nan*? The ¢￿￿tK)n ansmered do". Everyone then read out a statenEnt in the Ctrder crf Se￿￿ culrrnHlry vith "...*E d￿J￿ate oursefves to oursdves to the ship of God and the seryice of Kingohyn" Th8r8 was thèn thè ￿larat￿In ol LknK)n folILA￿l by a shar¥￿ of Pèace. The IntroductKJn of Re Formula. t￿Re tart￿j by the ￿n￿￿terS takiThJ aThJ signing the The Minsters MEre then intrixluced b the ￿terat(X %th0 85ke(I tF* c(ryregatim"tkn yrw the peotAe of this congregation M8lcorr this n8w sphere of Serv￿8, and rerTr8w yimjr prorrise of èncouragen*nt atKI SUP￿l?. Th8 con9iagation ans￿8[ad ￿ (k).- Thkg VA8 fdlomed by thè Ffjght Hand of Fè110%￿Ship. Service concluded ¥Mth the C*aryJes to the Mnisters aThJ the CLryregatKffl. the siThJirvJ of the last hym aThJ the Bened￿tiOn. Th8 main téfrys ol thè Basis of arml the Basis of Team kfjnistry arè as fdl¢y4&S. Basls of Unlon Name.. The nanE of the united corKJregatKJn shall be GLasgyK. Kefvin V*Èst C*urch of ScotLaThJ and WelliThJton ￿urCh'S Charity ￿Jn￿er s￿￿)0289 *ill be retained. Plac9$ rf Ytrshlp arKI hIssl￿ The buikYirvJ presenlty us&Y by VAII be Ihe tthe of ￿rshIp of the united congr8g8tion. li **Glasgow: Kelvin West Church of Scotland Trustees’ Report (cont) Year ended 31 December 2024** The church at present used by Kelvinbridge shall be sold, let or otherwise disposed of, subject to the approval of the Presbytery and, if necessary, the General Trustees or the General Assembly and the free proceeds of such sale shall be applied for fabric purposes in connection with the properties of the united congregation. **Territorial Responsibility:** The bounds to be served by the united charge shall be the bounds of both parishes, or as the Presbytery shall determine. **Kirk Session:** The elders of both Kirk Sessions shall form the Kirk Session of the united congregation. **Management:** The temporal affairs of the united congregation shall be administered by the Kirk Session in terms of the Unitary Constitution. **Ministers:** Th currently Transition Minister at Wellington, and the currently Minister at Kelvinbridge, shall be members of a Team Ministry serving the united charge in terms of Section 8 of the Presbytery Mission Plan Act (Act VIII 2021) in terms of a basis of team ministry which they shall enter. The Team Ministry shall operate until the sooner of the demission of the present minister of Kelvinbridge or 31 March 2027 when the present transition ministry at Wellington concludes. Following the cessation of the Team Ministry the united charge shall be served by one full time Minister of Word and Sacrament under the Approved Presbytery Mission Plan. **Manse:** The manse of the congregation of Wellington shall be the manse of the united congregation. The manse of the congregation of Kelvinbridge shall, upon the demission of Rev be sold, let or otherwise disposed of, subject to the approval of the Presbytery and, if necessary, of the General Trustees or the General Assembly. The free proceeds of any such sale or let shall be applied for fabric purposes in connection with the properties of the congregation. ## **Basis of Team Ministry** ## **Team roles** •The Transition Minister (full time minister of Word and Sacrament) appointed to Wellington shall be the Parish Minister, with responsibilities including co-ordination of Sunday and other worship, line management of any Ordained Local Minister and other presbytery appointed staff, developing relations with Glasgow University and the student community, and working in accordance with the terms on which the Transition ministry was created. •The Development and Outreach Minister (full time minister of Word and Sacrament) shall be the minister presently inducted to Kelvinbridge on an unrestricted basis, with responsibilities which shall include making contributions to Sunday and other worship, being responsible for developing and initiating new outreach to areas on the east side of the parish, overseeing pastoral care and co-ordinating outreach to school communities. the locally employed Youth and Community worker will take responsibility for developing children’s, youth and community work and school input. Responsibility for line management shall rest with the Development and Outreach Minister. •All of these roles (together with non-stipendiary staff appointed by Presbytery) constitute the Ministry Team and each individual holding a role is a team member. It shall be the duty of all team members to work collaboratively to further the mission of the Church, sharing or covering for each other’s duties where necessary and permissible in terms of Church law but not in such a way as to make any material alteration to the terms of service of any team member working under a contract of employment without the agreement of all relevant parties. ## **Moderator of Kirk Session** The Transition Minister shall serve as Moderator of the Kirk Session. ## **SALE OF KELVINBRIDGE BUILDING** The sale of the Kelvinbridge building to Glasgow Academy was completed shortly after the date of union and the net proceeds were £346,025. ## **KELVIN WEST PARISH CHURCH FOLLOWING THE UNION** The Ministry Team consists of Re Rev and the probationer minister There are 83 members on the Kelvin West Roll and 11 adherents. There are 8 children who are regularly involved in our worship. Kelvin West has its own youth organisation, 1st Glasgow Boys ‘Brigade Company with Anchor Boys, Junior, Company and Senior Section members. The 1st Boys’ Brigade moved their activities from the Kelvinbridge building to what was formerly the Wellington building and is now the Kelvin West church. 12 **Glasgow: Kelvin West Church of Scotland Trustees’ Report (cont) Year ended 31 December 2024** ## Sunday Worship As was the case for both Kelvinbridge Parish Church and Wellington Church, Kelvin West delivers Sunday morning worship in person at 11 am. Around 90 people regularly worship at Kelvin West. The service is also available online and attracts around 50 views. The union took place just before the start of the church year on Advent Sunday, 1 December 2024. This gave the new congregation the opportunity to start its new life at a time of the church celebrates the coming of Jesus. One memorable event was a marvellous nativity play on the Sunday before Christmas. It was a great team effort with contributors of all ages, including all the children involved in the life of the congregation and across the congregation and those who participate in Kelvin West life. This was so joyful and a truly authentic account of the real Christmas story which lifted our spirits. We are thankful to God for the blessings these young ones have brought to our congregation. ## **Financial Review** Per the Statement of Financial Activities on page 18, the church reported net decrease in funds of £146,141 for the year (2023: net decrease in funs of £125,331) an a net gain on investments of £26,520 (2023: £46,579). At the Balance Sheet date, the church had total reserves of £1,300,248 (2023: £1,419,869) of which £370,500 (28%) represents the book value of the church manse (2023: £380,000) and £51,236 (4%) within Restricted Funds (2023: £56,601). The donated income, primarily giving from the congregation (£93,611) increased by £6,765 compared to £86,846 in 2023. In addition, income from Hall lets increased slightly from £83,623 in 2023 to £85,366 in 2024. Investment income has remained steady at £27,985 compared to £26,289 in 2023. Total expenditure has increased from £367,626 to £377,468 in the year. ## **Investment Policy and Performance** At the start of 2024, the church had investments of £536,672 (2023: £536,085) held by local stockbrokers, Rathbones, operated on a discretionary basis informed by an ethical investment policy agreed by the Kirk Session. The operating benchmark is to hold the portfolio in an approximate split of 60% equities and 40% fixed interest. At the year end, after taking account of movements during the year including amounts withdrawn to the Church’s bank accounts, the Church’s investments were £493,016 and are retained by the Stockbrokers to be managed under the policy described above. In addition there was £293,477 held in Church of Scotland growth funds which generate income for the Church on an annual basis (2023: £310,633), and £15,037 held with Stocktrade (2023: £16,565). ## **Reserves Policy** It is the Trustees normal policy to hold reserves of approximately one yeads expenditure including Designated Funds. At the year end, the church held Unrestricted Funds (including Designated Funds) of £1221,106 (2O23: £1,337,291) which included property with a net book value of £370,500 (2023: £380,000) and funds within the Fabric Fund of £149,4O9 (2023: £145,573). The principal remaining balance of £696,984 (2023: £806,827) in the church's General Reserve Fund represents more than one year's expenditure. The church also held £51,236 (2023: €56,601) of Restricted funds which have been provided for the purposes specified in Note 16 and Endowment Funds of £28,417 (2023: £25,977). 13 **Glasgow: Kelvin West Church of Scotland Trustees’ Report (cont) Year ended 31 December 2024** ## **Risk Management** The policies in place to manage the risks faced by the church are reviewed annually. Steps are taken to ensure the management of these risks is strengthened where necessary. ## **Structure, Governance and Management** The continuing congregation is a registered Scottish Charity, Number SC000289, and is administered in accordance with the terms of the Unitary Constitution and is subject to the Acts and Regulations of the General Assembly of the Church of Scotland. ## **Organisational Structure** Members of the Kirk Session are the charity Trustees. The Kirk Session members are the Elders of the church and are chosen from those members of the church who are considered to have the appropriate gifts and skills. The Transition Minister, who is a member of the Kirk Session, is appointed by the Faith Action Programme Leadership Team with the concurrence of the congregation and introduced by Presbytery. The Kirk Session, moderated by the Transition Minister, will meet six times a year, and also when required, and is responsible for the spiritual and secular affairs of the church. Certain responsibilities are delegated to the various Session Committees who may co-opt people with the required relevant skills. Rev the Development and Outreach Minister, who is also a trustee and elder, has after the period, been appointed to head the Mission and Outreach Committee. ## **Key Management Remuneration** Given their roles as described above, The Trustees consider themselves as the church's key management personnel, in charge of directing and controlling the church and overseeing its daily activities. Details of Trustee and Minister remuneration are outlined in Note 8 of the financial statements. 14 G188w. K￿¥1￿ Wèst C￿rth of Scrlland Tr￿t•￿s. Rep(rt (Gortl Year ernlad 31 Oe¢emI￿r 2024 Str￿ture, GovorrAncè aNI hlaw•mgnl {cortin ng lh• current lin2nclal Ye￿ a ￿1￿ctUring took via a ol Ll)itin bet*een the following conwgatiwts Iljoth unln¢orpor4letJ Scottish chadtiesl= Wellington Church of Scctland, GI859OW GEa$gow. Kof¥iibrid98 ."arish Church- ￿urCh of Scotlarwj s(￿0289 SC014414 ease note wdnngron Church of ScotLgnd, fis the f¢yrer ol thu8 charity vthich since t￿£ dxte of Union has been kTro￿ as "Glasgow.. KofviTh Wesl (Jurch of ScolL4nd". Tr.8 basr5 of Lknbjn of th898 cjngrogatlors ffiBs approv￿ by the of Scott15h Charty Regulator IOSC¥(l th8 [￿Urch of ScotlarKI Iparent charfty - SLX1113531 ￿th an 8*f￿tIVe Lkn Itrprgerl dHt8 of 28 N*v•rrbor 2024. Is ij)1￿ af th• congrwions Into cts contirtuing conyregation the ft*rger rr£thod of 8¢¢0unlry %Yas ￿￿en￿ appmpriai$. This rrtsan8 th• firnancial state￿￿nts shN th8 C(￿r￿nt arKI ccry8rnt￿e fEqura8 Ès il th• 0ntit￿6 have been the CGft*Hn8d tr.rnughout Ihosè peTh￿S. We 17 tts 19 of Ih& financial $¢at&ftwnts provldes further d¥lails of th¢ pro-rr£rger and rTry StBt8ff*At of financral Act￿￿￿$ {SOFA} roTwwnontS as w911 as the net •$S&15 at thfj Qai• uf rrwgor *hich rrfjk& up ihe carn￿"￿1 eetaded In these ilnartcial $18l$ffK•nts. Tr￿t•ts, R￿￿r￿IllI[l1•S In R•l4tlon to th• Flrmnelal Stat•nwts Tr*0 ch6nty tIL9t6e¥ arg rgsFwBlbfa for preparfng a *Justees' ÉnnuBI report and financ[￿ st8ten*nts In aBCorda￿.0 *ilh appll¢aoi• Jaw Un￿ad lfjngdorn Acc￿nt￿9 Standards ILknkcd Gon*￿ty A£copt•J Accounting PRKIIGp}. Th• Iw appll¢atla to c￿rItICS n 8cullaTrl r8qulrn8 thè ctrtarfty tnMte•s t) prnp•r• ffnÈnciAI 8t8t¥m•nt& for oach ygar Mthloh lhow a trup and fatr vl•w of the stb18 of alf81￿ ¢]f th8 charlty and ot the Incorrn and •xp•Trdllur• of lh8 ¢hahly for that p￿0d. In prgpa",in9 tho flnanGial slat¢nwnts, thc InJ$t￿ ar& to: - 8*IKt sultable accountlng p)1￿1•$ Ihen oppty thom CO￿1¥[•rrtly'. - obsgNe tle n*thDd and prfnclptcs ift the applic*￿￿ C*witt8B SOFP. - rnake ludsemonts End èstimates lh* ar• I￿&?abl8 and prudent" - $tate whether applk•bl8 8c.countlllg StarKja￿ls and 6tat8rr¢nts of r•ert•d pra¢¢t¢o hav• twn fo11p￿￿. Bublèct to any d•¥rtures dIsclos￿ and explolned in linancial staterwts- prepare the Nn8ncl818;aiem6nl$ on L'é eoneom tsasb unknsTs Inapproprfatg lo WeSUr￿ thet the ehèrSty coniinu8 in oper5t￿n81 •xlBt8nc•. Th• tru8to8s rgsponslble lor koop￿& •d•quatg a¢c¢yJntlng reccrfdl th8t are 3tfficient to show and exp￿￿ the ¢h*rily' trans8¢1ion$ and disGlos¥ Trh41h reasonable accuracy at arty linw the financ￿1 Pe4iiion o! the charity and to enabb thèm to 8n8ure that th• stal¥llwtS C¢JfrOy ￿1th tho Charths Tryffjtoe Invostmrt IScot18ndl Act 2W5 and the c￿￿tIeS Accoun18 IS¢otl8ndl RfiguL4tvJr.F 2006 las a￿ded1. They are a￿0 r¥sp)nsible for Sa1￿U8rdr￿ the ass•ts ot the ¢harlty nd hgn¢e for taklng r•8son8blo slew for the wovcntlon and (lelectk￿ of fr8tyJ 8nd othw irwuLerTties. Th8 trust*s are responsi￿¢ for Ihe nxlntÉnance and intw7ty of th8 chty an¢ fin8nclat knfcrfrnatknn on ¢or¥JregatM'8 bslte. Le9islatv)n in the Unrted Kirwom govemlrg :he preFof8tlon di%5grrinatton of financw statonwnts ￿Y differ ttom l￿18191r0n in other jurisdictions. the* treh￿l, Date ei- Is Gl3swK. IfBl¥ln West Cmrch of S¢￿TaN1 Examlr&r's RÈp)rt to tt* Tr￿ta$S ti West Ur¥ted Pwlsh I>ATch Year ernled 31 0EGeFnber 2024 I re[￿rt oft 4he ￿t￿ntS of LhE charrty Tor t￿￿ ygar 31 2024 a￿ Set ￿ge$ 18 to 30. Paypectlye re¥p)TL)lillltlu ol triotees and exami￿r Thc Charity'9 tru8t8eS 8r8 f8srK)nsibk lor prsp•r8ts"￿ rf th• accolrts li trtecrtarte ￿1th th8 temB rf the (hanlie5 and Trtsstse Inv4ytnwrt Iscotlandl *Kt 2005 arKJ t*e thaFfi￿ kcouftts Iscotfardl P£w18tions 8rThnd￿l. The charty trustees con5id¢r that the 8urfrt requirenwt of WulatKJfj 10111 IBI to Icl of the Accowts Wulat￿n$ does not app]y. 11 15 rrry r8SPW3ibilrty to 8xarnine th8 acC￿ntS r*quir8é uThJer sectiC￿ 44111 Icl (* the Act to ¥t￿ts ethfjr partI¢￿ar ffottws havè c0ft￿ to ftw attent 3asl$ 4Jl In(l•ppnd¢rt 8xamlnor's stat•m•nt éx1￿.￿t1tsft is ¢8rried wr i• accordarto TrA4th Reg￿at1￿ 11 ot Ihè Charrti&s Acccrtjnts (ScA)tLa￿l ReQ￿atIonS 2C￿ las arywnrtedl. kn exarrlnwion tr,¢ludes a ot the 2¢¢tsthng rrt¢rds kept by thfr ¢harity 8r¥J a Donpanson of thg ¥CLLtyunLS pi8sent8d th099 wtyds. It aL¥o inCIL￿88 cow¢8rHtxm of 8ny It•rr¢ or dLs¢lc*ums in th¢ accounls. and seeks gxpkTrat￿ from th¢ tNstees ¢￿¢¢M1￿) any s￿h rt7att.&rs. Thg pro¢odur¢s und6rt#k•n do wt providg all ￿￿¢￿¢￿..he'. Kuld ￿41. and L¥j￿￿7j￿nIt* I do ng1 oxpross an oplnlon on the vl given by th• accourrt3. Ind•k¥Jnd•rt •xJmirwr's wl•t•mort In thè Course of ny ex8r￿n0t￿JTr rto w8tteT W ¢OThi to rw •Yenih?n Iil¥li &lv* rr4 rgason8blo caus• EO b￿￿¥• itr,8t In any rrthertBI ttre req￿re￿nts.. - to ko8p a¢coumiro r¢￿Id$ In acccfdanc8 wlth 44111 lal of lh* 2N5 Attt •nd Fl•JA•tlon 4 tsf th? 2008 Ac¢wnt$ Regllotkns la¥ 8ThJ - lo pr•p8re accourt%S wthl¢h x¢ord th• Kcountwg rxords ¢ornFty *41h Watbn 8 ot tho 2006 Accwrrts RegL12t￿n$ las ar￿n￿e￿I h•v• b••n rr•i. to *tti¢h, ￿ rny OPi5%Qn. 4ttentiw $hryld t• dra¥m kn ky* to Mabkt a pwr sJrKlerslandiNJ of thu xcounts to t¢ SQf14nioD o art8r￿ ￿rI Accoun13nts P￿thert 24 Fkrbort Str••t GLqsgtsw 20 eNB 16 **Glasgow: Kelvin West Church of Scotland Statement of Financial Activities Year ended 31 December 2024** |**Income and endowments from:**
Donations and legacies
1
Charitable activities
2
Other trading activities
3
Investments
4
Other
5
**Total income**
**Expenditure on:**
6
Raising funds
Charitable activities
Other
**Total expenditure**
Net gains/(losses) on investments
10
**Net income/(expenditure)**
Transfers between Funds
16
**Net movement in funds**
**Reconciliation of funds:**
16
Total funds brought forward
Total funds carried forward
**Net income/(expenditure) before gains**
**and losses on investments**
**Note**|**Unrestricted**
**Restricted**
**Endowment**
**Combined**
**Funds**
**Funds**
**Funds**
**Total**
**2024**
**2024**
**2024**
**2024**
£
£
£
£
93,611
-
-
93,611
24,365
-
-
24,365
85,366
-
-
85,366
26,208
1,123
654
27,985
-
-
-
-
229,550
1,123
654
231,327
4,754
-
-
4,754
364,048
8,012
654
372,714
-
-
-
-
368,802
8,012
654
377,468
(139,252)
(6,889)
-
(146,141)
22,556
1,524
2,440
26,520
(116,696)
(5,365)
2,440
(119,621)
-
-
-
-
(116,696)
(5,365)
2,440
(119,621)
1,337,291
56,601
25,977
1,419,869
**1,220,595**
**51,236**
**28,417**
**1,300,248**|**Unrestricted**
**Restricted**
**Endowment**
**Combined**
**Funds**
**Funds**
**Funds**
**Total**
**2023**
**2023**
**2023**
**2023**
£
£
£
£
96,167
5,632
-
101,799
30,005
-
-
30,005
83,623
-
-
83,623
24,540
1,198
551
26,289
579
-
-
579| |---|---|---| |||234,914
6,830
551
242,295| |||7,058
392
-
7,450
354,395
5,230
551
360,176
-
-
-
-| |||361,453
5,622
551
367,626| |||(126,539)
1,208
-
(125,331)| |||42,079
2,660
1,840
46,579| |||(84,460)
3,868
1,840
(78,752)| |||-
-
-
-| |||(84,460)
3,868
1,840
(78,752)| |||1,421,751
52,733
24,137
1,498,621| |||**1,337,291**
**56,601**
**25,977**
**1,419,869**| The above are combined figures, for both the current and comparative period, which show the aggregated results of the united congregations (further details of the basis of Union during the year can be found in the Trustees Report). 17 Gla5gry4¥.' Kel￿n Wast Chwoh ol Scolland Balance Sheet at 31 Downbor 2024 Ury•8lrl¢t•d Rostrleted ComNrnd LkTvslrlGt•d Re$lrS¢lfrd Enthwm Fund8 Comblnud T¢A•l 2Q23 2024 2024 2024 2023 2023 2023 Flxed ABJetB: Tana1￿0 asselA 370,500 370.5fA) 380,￿) 793 707 1.173 107 38Q,000 10 Total Flxed As86ts Ciirront A88ets r*titors Coah ot ￿nk And In he Total Currert A￿•t# LiaNIItI•s Credilors fdllrq duo wlthln ono yeor 1.101.354 43.573 27.392 1.172.319 45.211 24.952 1,248,1170 11 1B.423 18,42a 18,7&1 18.753 25 1.025 131.016 1.025 139.703 173 868 11.390 1YV,2113 12 111.774) 111,77AI 110.2&41 110,2841 Ntrt Ciirrert Ajuts Crgdllor6 falling duo after than yeor 41 417 13QO ?.48 1.337 291 Thg fundB of th• ¢harlty- Endo¥wnanl lund* RHxtrir.t8d kne.ome funds UnreJlrl6ted Incon￿ lund8 Tolal chArlfy funds 28,417 28,41T 51.238 25,977 25,977 56,601 51.238 $8,e01 10 1 220 595 417 1 419869 Tho above are ¢Drnblnod flJura8, for hith tho e,urr8nt Bnd cO￿ra[1V9 pgriod, *ttlch 8how the oqfmateo r¢suliS Ot the unll¢d ¢ongrgqa¢I￿S. The notes on pÈrxi$ 20 10 30 fDrrn parl ol Ihe88 financlal slalgmwls. roved by Iha Trus1￿6 ¢)n . ￿25 aThJ SI￿e¢ on I￿lT ￿hall by.. )af .loflt 18 ## **Glasgow: Kelvin West Church of Scotland Accounting Policies Year ended 31 December 2024** The principal accounting policies, which have been applied consistently in the current and preceding year in dealing with items which are considered material to the accounts, are set out below. ## **Basis of preparation** The 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 Standards applicable in the UK and Republic of Ireland (FRS102) effective from 1 January 2019 and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102), the Charities and Trustee Investment (Scotland) Act 2005 and the Charities accounts (Scotland) Regulations 2006 (as amended). The charity constitutes a public benefit entity as defined by FRS 102. Assets and liabilities are initially recognised at historic cost or transaction value unless otherwise stated in the relevant accounting policy note(s). Merger accounting has been applied to Kelvinbridge Parish Church of Scotland which was united into Kelvin West Church of Scotland (formerly called Wellington Church of Scotland before date of Union). The basis of Union of these congregations was approved by the Office of Scottish Charity Regulator (OSCR) and the Church of Scotland (parent charity - SC011353) with an effective Union date of 28 November 2024. The merger method of accounting has been applied to these financial statements as if the entities had always been combined. The accounting policies of Kelvinbridge Parish Church of Scotland were previously aligned and consequently there has been no need to modify any existing accounting policies in consolidating the United congregation, other than restating from receipts and payments basis as appropriate. ## **Going concern** The Trustees consider that there are no material uncertainties about the ability of the charity to continue for the foreseeable future, and therefore has adopted the going concern basis in preparing these financial statements. ## **Fund accounting** Funds are classified as either restricted funds or unrestricted funds, defined as follows. Restricted funds are funds subject to specific requirements as to their use which may be declared by the donor or with their authority or created through legal processes, but still within the wider objects of the charity. Endowment funds are funds which have been given on the condition that the original capital sum is not reduced, but the income there from is used for the purpose defined in accordance with the objects of the charity. Unrestricted funds are expendable at the discretion of the trustees in furtherance of the objects of the charity. If parts of the unrestricted funds are earmarked at the discretion of the trustees for a particular purpose, they are designated as a separate fund. This designation has an administrative purpose only and does not legally restrict the trustees’ discretion to apply the fund. ## **Recognition of income** Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably. 19 ## **Glasgow: Kelvin West Church of Scotland Accounting Policies Year ended 31 December 2024** ## **Donated services and facilities** Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS102) the general volunteer time of congregation members is not recognised. On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised as expenditure in the period of receipt. ## **Interest receivable** Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank. ## **Recognition and allocation of expenditure** Expenditure is included in the Statement of Financial Activities on an accruals basis and is recognised when there is a legal or constructive obligation to pay for expenditure. ## **Fixed Assets** In addition to the church building, the charity has the right to occupy and use for its charitable objects certain tangible fixed assets, including the manse, vested in the Church of Scotland General Trustees. No consideration is payable for the use of these assets. Expenditure incurred on the repair and maintenance of these assets is charged as expenditure in the Statement of Financial Activities in the period in which the liability arises. All tangible fixed assets costing in excess of £10,000 having a value to the charity greater than one year, other than those acquired for specific purposes, are capitalised. Depreciation is provided on a straight-line basis to write off the cost or initial value, less residual value, of tangible fixed assets over their estimated useful lives: Property 2% ## **Investments** Fixed asset investments are stated at market value at the balance sheet date. Unrealised gains and losses represent the difference between the market value at the beginning and end of the financial year or, if purchased in the year, the difference between cost and market value at the end of the year. Realised gains and losses represent the difference between the proceeds on disposal and the market value at the start of the year or cost if purchased in the year. ## **Taxation** Kelvin West Church of Scotland is recognised as a charity for the purposes of applicable taxation legislation and is therefore not subject to taxation on its charitable activities. The charity is not registered for VAT and expenditure therefore include irrecoverable input VAT. ## **Cash and cash equivalents** Cash and cash equivalents include cash in hand and deposits held at the Bank of Scotland and the Royal of Scotland and with the Church of Scotland Investors Trust. ## **Debtors** Trade and other debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid net of any discounts due. ## **Creditors** Creditors are normally recognised at their settlement amount after allowing for any trade discounts due. 20 ## **Glasgow: Kelvin West Church of Scotland Notes to the financial statements Year ended 31 December 2024** |**Unre-**
**stricted**
**Re-stricted**
**Endow-**
**ment**
**Combined**
**Funds**
**Funds**
**Funds**
**Total**
**2024**
**2024**
**2024**
**2024**
£
£
£
£
**1. Donations and Legacies**
Offerings
70,074
-
-
70,074
Tax recovered on Gift Aid
16,315
-
-
16,315
Donations
5,241
-
-
5,241
Other
1,981
-
-
1,981
93,611
-
-
93,611
**2. Income from charitable activities**
Crypt Café
21,064
-
-
21,064
Weddings and Funerals
400
-
-
400
Other
2,901
-
-
2,901
24,365
-
-
24,365
**3. Income from other trading activities**
Rent Received from Property:
Hall Lets
85,366
-
-
85,366
85,366
-
-
85,366
**4. Investment Income**
Dividends received
18,261
820
654
19,735
Bank interest
7,947
303
-
8,250
26,208
1,123
654
27,985
**5. Other Income**
Other
-
-
-
-
-
-
-
-|**Unre-**
**stricted**
**Re-stricted**
**Endow-**
**ment**
**Combined**
**Funds**
**Funds**
**Funds**
**Total**
**2024**
**2024**
**2024**
**2024**
£
£
£
£
70,074
-
-
70,074
16,315
-
-
16,315
5,241
-
-
5,241
1,981
-
-
1,981|**Unre-**
**stricted**
**Re-stricted**
**Endow-**
**ment**
**Combined**
**Funds**
**Funds**
**Funds**
**Total**
**2023**
**2023**
**2023**
**2023**
£
£
£
£
68,889
-
-
68,889
17,557
-
-
17,557
9,721
5,232
-
14,953
-
400
-
400| |---|---|---| ||93,611
-
-
93,611|96,167
5,632
-
101,799| |||23,436
-
-
23,436
1,216
-
-
1,216
5,353
-
-
5,353| ||24,365
-
-
24,365|30,005
-
-
30,005| |||83,623
-
-
83,623| ||85,366
-
-
85,366|83,623
-
-
83,623| ||18,261
820
654
19,735
7,947
303
-
8,250|20,564
1,198
551
22,313
3,976
-
-
3,976| ||26,208
1,123
654
27,985|24,540
1,198
551
26,289| ||-
-
-
-|579
-
-
579| ||-
-
-
-|579
-
-
579| 21 ## **Glasgow: Kelvin West Church of Scotland Notes to the financial statements (continued) Year ended 31 December 2024** |**6. Analysis of Expenditure**
Raising Funds
Investment Manager’s Fees
Offering Envelopes
Charitable Activities
Giving to Grow Contribution
Presbytery Dues
Minister’s Expenses
Pulpit Supply
Council Tax
Other salary costs
Fabric Repairs & Maintenance
Other Building Costs
Organ & Music
Church Office Expenses
Crypt Café Costs
Organisation Activities
Community of Mission
Donations to other charities
Flowers
Other Expenses
Independent Examiner Fee
Deprecation
**Total**|**Unre-**
**stricted**
**Re-stricted**
**Endow-**
**ment**
**Combined**
**Funds**
**Funds**
**Funds**
**Total**
**2024**
**2024**
**2024**
**2024**
£
£
£
£
4,754
-
-
4,754
-
-
-
-|**Unre-**
**stricted**
**Re-stricted**
**Endow-**
**ment**
**Combined**
**Funds**
**Funds**
**Funds**
**Total**
**2023**
**2023**
**2023**
**2023**
£
£
£
£
7,000
392
-
7,392
58
-
-
58| |---|---|---| ||4,754
-
-
4,754|7,058
392
-
7,450| ||82,716
-
-
82,716
8,318
-
-
8,318
3,455
-
-
3,455
200
-
-
200
7,603
-
-
7,603
71,764
2,241
-
74,005
37,359
-
-
37,359
78,617
-
-
78,617
9,427
-
-
9,427
7,641
-
-
7,641
28,674
-
-
28,674
3,595
-
-
3,595
-
985
-
985
773
4,300
-
5,073
-
215
-
215
9,606
271
654
10,531
4,800
-
-
4,800
9,500
-
-
9,500|81,609
-
-
81,609
3,965
-
-
3,965
2,927
-
-
2,927
200
-
-
200
7,809
-
-
7,809
69,668
-
-
69,668
63,583
-
-
63,583
64,375
-
-
64,375
7,994
-
-
7,994
3,895
-
-
3,895
28,711
-
-
28,711
3,196
-
-
3,196
-
896
-
896
1,706
3,950
-
5,656
-
234
-
234
1,387
150
551
2,088
3,870
-
-
3,870
9,500
-
-
9,500| ||364,048
8,012
654
372,714|354,395
5,230
551
360,176| |||| ||368,802
8,012
654
377,468|361,453
5,622
551
367,626| Support costs have not been separately identified as the trustees consider there is only one charitable activity. Therefore support costs relate wholly to that activity and have not been separately identified. 22 ## **Glasgow: Kelvin West Church of Scotland Notes to the financial statements (continued) Year ended 31 December 2024** |**7. Staff costs and numbers**
Total
Outreach Worker
Salaries and wages
Pension scheme costs
The average number of employees during the year was as follows:
Ministerial support
Administration
Music staff
Crypt lunches|**2024**
**£**
90,866
1,551|**2023**
**£**
66,559
1,204| |---|---|---| ||92,417|67,763| ||**2024**
**Number**
-
3
1
1
2|**2023**
**Number**
-
3
1
1
2| ||7|7| No employee had employee benefits in excess of £60,000 (2023: nil) All Church of Scotland congregations contribute to the National Stipend Fund which bears the costs of all ministers' stipends and employer's contributions for national insurance, pension and housing and loan fund. Ministers' stipends are paid in accordance with the national stipend scale, which is related to years of service. For the year under review the minimum stipend was £31,642 and the maximum stipend (in the fifth and subsequent years) £38,884. ## **8. Trustee Remuneration and Related Party Transactions** Other than those below, no Trustee or person related to a Trustee had any personal interest in any contract or transaction entered into by the charity during the year. During the year, a total of £31,728 (2023: £26,792) was donated to the congregation by the Trustees. ustee, received remuneration of £15,276 (2023: £14,544) for her services as Church Officer. ## **Trustees' expenses** Council Tax on two manses, lived in by Rev is paid for by the charity. A total of £7,603 was paid in council tax through 2024 (2023: £7,302). In addition, minister expenses of £3,455 were paid in the year (2023: £4,310). 23 ## **Glasgow: Kelvin West Church of Scotland Notes to the financial statements (continued) Year ended 31 December 2024** ## **9. Tangible Fixed Assets** |**Tangible Fixed Assets**|||||||| |---|---|---|---|---|---|---|---| |||**2024**|**2024**|**2024**|**2023**|**2023**|**2023**| ||||**Office**|||**Office**|| |||**Buildings**|**Equipment**|**Total**|**Buildings**|**Equipment**|**Total**| |**Cost**|||||||| |At 1 January||502,311|-|502,311|502,311|-|502,311| |Additions||-|-|-|-|-|-| |Disposals||-|-|-|-|-|-| |At 31 December||502,311|-|502,311|502,311|-|502,311| |**Accumulated Depreciation**|||||||| |At 1 January||122,311|-|122,311|112,811|-|112,811| |Charge for year||9,500|-|9,500|9,500|-|9,500| |Eliminated on Disposals||-|-|-|-|-|-| |At 31 December||131,811|-|131,811|122,311|-|122,311| |**Net Book Value**|||||||| |**At 31 December**||**370,500**|**-**|**370,500**|**380,000**|**-**|**380,000**| |The church buildings at||are|locally owned.|The congregation also owns||manses at|| |**Investments**|||||||| ||||||**2024**|**2023**|| ||||||**£**|**£**|| |Market value at 1 January|||||863,870|913,363|| |Additions at cost|||||4,757|-|| |Disposals|||||(93,328)|(96,072)|| |Net gains / (losses) on|investments||||26,520|46,579|| |Market value at 31 December|||||801,819|863,870|| |The investments are carried at their||fair value.|||||| |The following investments are held:|||||£|£|| |Church of Scotland Investors Trust Growth Units|||||293,477|310,633|| |Portfolio managed by Rathbones|||||493,305|536,672|| |Other investments/ shareholdings etc|||||15,037|16,565|| ||||||801,819|863,870|| ## **10. Investments** 24 ## **Glasgow: Kelvin West Church of Scotland Notes to the financial statements (continued) Year ended 31 December 2024** |**11. Debtors**
Gift Aid Tax Refund Due
Prepayments
Other
**12.**
Accruals
Other
**13. Collections and fundraising for Third Parties**
The Well
Mary's Meals
Crossreach
Refuweegee
Embrace the Change
Lodging House Mission
Save the Children
Christian Aid
Other Special Collections
Toybox
Macmillan
Global Minorities
Poppy Scotland
Alzheimer Scotland
Linda Norgrove Foundation
**Creditors**|**2024**
**2023**
**£**
**£**
13,000
14,492
3,861
2,699
1,562
1,562| |---|---| ||18,423
18,753| ||**2024**
**2023**
**£**
**£**
4,800
2,701
6,974
7,583| ||11,774
10,284| ||**2024**
**2023**
**£**
**£**
-
1,853
-
1,853
2,000
1,853
2,000
-
2,000
-
150
50
-
404
704
1,545
-
733
-
343
-
963
-
820
711
-
95
-
1,786
-| ||9,446
10,417| ## **14. Volunteers** In common with all congregations of the Church of Scotland the congregation benefits from the contribution made by volunteers who give their time and talents willingly for the benefit of the Church. The areas of congregational life which rely on the contribution of volunteers are many and varied and much of the activity would be unable to continue were it not for the commitment shown. |**15. Analysis of Net Assets Among Funds**
**Current financial year**
Fixed Assets
Investments
Current Assets
Current Liabilities
**Net assets at 31 Dec 2024**
**Comparative financial year**
Fixed Assets
Investments
Current Assets
Current Liabilities
**Net assets at 31 Dec 2023**|**General**
**Designated**
**Restricted Endowment**
**Total**
**£**
**£**
**£**
**£**
**£**
-
370,500
-
-
370,500
581,445
149,409
43,573
27,392
801,819
125,802
5,213
7,663
1,025
139,703
(11,774)
-
-
(11,774)| |---|---| ||695,473
525,122
51,236
28,417
1,300,248| ||**General**
**Designated**
**Restricted Endowment**
**Total**
**£**
**£**
**£**
**£**
**£**
-
380,000
-
-
380,000
648,134
145,573
45,211
24,952
863,870
168,977
4,891
11,390
1,025
186,283
(10,284)
-
-
(10,284)| ||806,827
530,464
56,601
25,977
1,419,869| 25 ## **Glasgow: Kelvin West Church of Scotland Notes to the financial statements (continued) Year ended 31 December 2024** ||||||||**Net gains**|| |---|---|---|---|---|---|---|---|---| |**16.**|**Movements in Funds**||||||**/(losses) on**|| ||||**At 1 Jan.**|**Income**|**Expenditure**|**Transfers**|**investments**|**At 31 Dec.**| ||**2024 - current year**||**£**|**£**|**£**|**£**|**£**|**£**| ||**Endowment funds**|||||||| ||Laing Memorial||10,320|239|(239)|-|1,008|11,328| ||Hall Fund||10,260|237|(237)|-|1,004|11,264| ||Moyes Memorial||2,915|90|(90)|-|285|3,200| ||||292|7|(7)|-|28|320| ||||1,165|27|(27)|-|115|1,280| ||||1,025|54|(54)|-|-|1,025| ||||25,977|654|(654)|-|2,440|28,417| ||**Restricted funds**|||||||| ||Community of Mission Fund||13,841|379|(985)|-|113|13,348| ||Session Benevolent Fund||10,059|198|(1,300)|-|84|9,041| ||Outreach Fund||23,788|383|(5,512)|-|1,092|19,751| ||Flower Fund||5,659|115|(215)|-|34|5,593| ||Fabric Fund||3,254|48|-|-|201|3,503| ||||56,601|1,123|(8,012)|-|1,524|51,236| ||**Unrestricted funds**|||||||| ||Designated Property Fund||380,000|-|(9,500)|-|-|370,500| ||Designated Fabric Fund||145,573|2,953|-|-|883|149,409| ||Designated Session Fund||1,549|23,331|(31,097)|8,000|-|1,783| ||Designated Choral Scholars Fund||3,342|4,068|(4,980)|-|-|2,430| ||General Fund||806,827|199,198|(323,225)|(8,000)|21,673|696,473| ||||1,337,291|229,550|(368,802)|-|22,556|1,220,595| ||**Total funds**|**2024**|**1,419,869**|**231,327**|**(377,468)**|**-**|**26,520**|**1,300,248**| ## **Restricted funds** The Community of Mission Fund has remit "to be used for Mission and Projects of the Church". The Session Benevolent Fund has remit "to be used at the discretion of the Minister (or its Office Bearers) for charitable activities within the parish and congregation. This includes the balance held in the Needy Women's Fund of £646. The Outreach Fund has remit "to be used for the benefit of young people". The Flower Fund has remit "to be used for the Floral and Foliage enhancement of the Church and its premises". The Fabric fund should be used for the maintenance of church property. ## **Unrestricted & designated funds** The General Fund represents the reserves of the church which the Trustees are free to direct in the furtherance of the church's objectives without further restriction. In addition it has been agreed that £160k held in the general fund will be used to cover the costs of an outreach worker for 3 years. The Property Fund holds the value of the church manse. The Fabric Fund has remit "to be used to maintain the fabric of the church's property". The Session Funds are a group of bank accounts held by the Crypt Cafe and the congregational Life Group. The Choral Scholars Fund represents donations received to meet the costs of employing four choral scholars. 26 ## **Glasgow: Kelvin West Church of Scotland Notes to the financial statements (continued) Year ended 31 December 2024** |**16.**|**Movements in Funds (continued)**|**Movements in Funds (continued)**|||||**Investment**|| |---|---|---|---|---|---|---|---|---| ||||**At 1 Jan.**|**Income**|**Expenditure**|**Transfers**|**gain/(loss)**|**At 31 Dec.**| ||**2023 - comparative year**||**£**|**£**|**£**|**£**|**£**|**£**| ||**Endowment funds**|||||||| ||Laing Memorial||9,558|213|(213)|-|762|10,320| ||Hall Fund||9,504|211|(211)|-|756|10,260| ||||2,700|60|(60)|-|215|2,915| ||||270|6|(6)|-|22|292| ||||1,080|24|(24)|-|85|1,165| ||||1,025|37|(37)|-|-|1,025| ||||24,137|551|(551)|-|1,840|25,977| ||**Restricted funds**|||||||| ||Community of Mission Fund||13,439|1,035|(1,205)|-|572|13,841| ||Session Benevolent Fund||10,294|229|(915)|-|451|10,059| ||Outreach Fund||20,383|5,390|(3,192)|-|1,207|23,788| ||Flower Fund||5,594|127|(300)|-|238|5,659| ||Fabric Fund||3,023|49|(10)|-|192|3,254| ||||52,733|6,830|(5,622)|-|2,660|56,601| ||**Unrestricted funds**|||||||| ||Designated Property Fund||389,500|-|(9,500)|-|-|380,000| ||Designated Fabric Fund||151,030|3,423|(15,311)|-|6,431|145,573| ||Designated Session Fund||1,746|27,994|(32,191)|4,000|-|1,549| ||Designated Choral Scholars Fund||4,243|4,348|(5,249)|-|-|3,342| ||General Fund||875,232|199,149|(299,202)|(4,000)|35,648|806,827| ||||1,421,751|234,914|(361,453)|-|42,079|1,337,291| ||**Total funds**|**2023**|**1,498,621**|**242,295**|**(367,626)**|**-**|**46,579**|**1,419,869**| 27 ## **Glasgow: Kelvin West Church of Scotland Notes to the financial statements (continued) Year ended 31 December 2024** ## **17. Merger accounting - analysis of principal SOFA components for the current reporting period** |Total income
Total expenditure
Net income/(expenditure)
Net gains/(losses) on investments
**Net movement in funds**|**2024**
**Combined**
**Total**
£
£
£
£
181,008
30,884
19,435
231,327
(256,999)
(101,153)
(19,316)
(377,468)
**Charity A***
**(pre-**
**merger)**
**Charity B***
**(pre-**
**merger)**
**Charity**
**(post-**
**merger)**| |---|---| ||(75,991)
(70,269)
119
(146,141)
3,957
22,563
-
26,520| ||(72,034)
(47,706)
119
(119,621)| * charity A & B refers to following charities which combined during this financial year: Charity A Wellington Church of Scotland, Glasgow Charity B Glasgow: Kelvinbridge Parish Church - Church of Scotland ## **18. Merger accounting - analysis of principal SOFA components for the previous reporting period** |Total income
Total expenditure
Net income/(expenditure)
Net gains/(losses) on investments
**Net movement in funds**|£
£
205,313
36,982
(268,571)
(99,055)
(63,258)
(62,073)
26,655
19,924
(36,603)
(42,149)
**Charity B***
**(pre-**
**merger)**
**Charity A***
**(pre-**
**merger)**|**2023**
**Combined**
**Total**
£
242,295
(367,626)| |---|---|---| |||(125,331)
46,579| |||(78,752)| ## **19. Merger accounting - analysis of net assets at the date of merger and any adjustments** |Net assets
Represented by:
Unrestricted funds
Restricted funds
Endowment funds|£
£
912,820
387,310
883,930
336,546
28,890
22,346
-
28,417
912,820
387,309
**Charity A***
**(at Union**
**date)**
**Charity B***
**(at Union**
**date)**|**Combined**
**Total**
£
1,300,130| |---|---|---| |||1,220,476
51,236
28,417| |||1,300,129| 28 ## **Glasgow: Kelvin West Church of Scotland Notes to the financial statements (continued) Year ended 31 December 2024** **19. Merger accounting - analysis of net assets at the date of merger and any adjustments (continued)** ## **Details of significant adjustments required to align accounting policies** The accounting policies of Kelvinbrudge Parish Church of Scotland were previously aligned and consequently there has been no need to modify any existing accounting policies in consolidating the United congregation, other than restating from receipts and payments basis of accounting to accruals as appropriate. Kelvinbridge Parish Church of Scotland used receipts and payments basis for preparing their financial statements previously so these were restated for the previous accounting period and for the current year up to the date of merger. The adjustments required were in relation to inclusion of investments and gift aid debtor which amounted to an £328,693 adjustment (£327,198 and £1,492 respectively) in the comparative year. On uniting (the merger) there was no requirement to restate any of the unrestricted funds of any of the combining congregations. 29 ## **APPENDIX 2** ## **FUNDS HELD ON BEHALF OF THE CONGREGATION BY THE CHURCH OF SCOTLAND GENERAL TRUSTEES** |**CAPITAL ACCOUNT**
Credit Balances held at 31 December at cost
Market Value of Balances at 31 December
**REVENUE ACCOUNT**
Credit Balance at 31 December
**TEMPORARY ACCOUNT**
Credit Balance at 31 December|**2024**
**£**
**101,804**
**103,534**
**8,065**
**253,912**|**2023**
**£**
**85,619**| |---|---|---| |||**98,309**| |||**6,400**| |||**- 84,948**| Included in the temporary account balance are net proceeds from the sale of the Kelvinbridge Parish Church building of £346,025 less outstanding liabilities on the previously sold Lansdowne Church building of £92,113. 30