St. Cuthbert's Scottish Episcopal Church
Cambuslang
Scottish Charity No.SCO00362
Year Ended 30 September 2024
St. Cuthbert's Scottish Episcopal Church
Scottish Charity No.SCO00362
Year Ended 30 September 2024
Church Address:
Charity Trustees:
Bankers:
Independent Examiner:
Principal Office:
3 Brownside Road Cambuslang South Lanarkshire G72 8NL
Royal Bank of Scotland Glasgow Rutherglen West (A) Branch 89 Main Street Glasgow G73 2JA
26 Bullionslaw Drive Rutherglen Glasgow G73 3NE
Scottish Charity No.SCO00362
Report of the Vestry
Year Ended 30 September 2024
Introduction
The vestry is pleased to present the annual accounts for St Cuthbert's for the year ended 30 September 2024
We are a small congregation and have been linked with St Mark's, East Kilbride from 9 September 2016. We have been vacant since our Rector left both congregations in August 2022. A replacement has been actively saught but no suitable candidate has as yet come forward.
The laity is actively involved in church with readings, intercessions and chalice bearers. We gather in the church afte Sunday service for coffee and chat. Wine from the chalice is also being offered.
Our hall is no longer open to other groups during the week as a full-time nursery has been operating from our premis from January 2017. A children's dance group started using the church in August 2023. This does not produce much income but it gets the church used during the week.
This annual report and accounts presents a summary of our financial activities during the year and gives an overview of the general activities which have taken place in the life of the church in the past year.
Activities and Achievements
Sunday services were offered throughout the year. We are now back to normal following the Covid 19 pandemic
The hall is used by 3 Bears Nursery Cambuslang . This produced a regular monthly income throughout the year. The fundraising events were the Christmas raffle and a Beetle Drive which was well attended The Christmas hamper was kindly donated by Bill and Isobelle's son and daughter-in-law
Income
The church's income for 2024 has been more than sufficient to cover our running costs and has produced a substantial surplus due mainly to the letting of the hall and not having the cost of a Rector.
Congregational giving, both free will offerings and open plate have remained steady in the year. However, we lost a long term supporter in John Sackey during the year.
St Cuthbert's continues to rely on the generosity of its congregation for the day to day funding. Congregation numbers, while still small, have remained relatively steady. Whilst our financial position is more secure, we will still need to continue working to improve in order to fund future projects.
The Rectory was taken over by the Diocese and was sold to the Diocese.
This sale has produced considerable funds which have been ring-fenced for us to use for future projects. This has proved very useful as dry rot was found in one wall of the church. This work is now almost complete but as a result, a new kitchen will be required plus new carpets, electrics and decoration. These should all be undertaken before the end of the year.
Expenditure
Expenditure for the year was much less than the previous year.
Reserves
St Cuthbert's reserves are a general fund and a furnishings and fabric fund which was previously the chair fund. Interest was added in the year to these accounts. Due to the increase in funds in the interest bearing accounts, the interest received was much more than last year.
rried out to the church. However. it is kY that we have a prEst-Trcharse, g)me of thgse reserves will be required to cffti our share of the fthute cost. The general fund can be used on any reWant actmty Structure St Cuthbert's 15 gorned by a Constitutrn. As a member congregatk?n of the DID of GlagJow & Galk)way in the S¢ottish Episcopal Church. rt aLg) govemed by CaThJn Law of the Scottish EpEcopal Church. The management team of the Ghurch known as the vestry. For the pu)SeS of chanties law the members of th& v9$try are the Charty Tru?lee5 of the Ghurcl). Members of ts vestry are l&ed on page 1 of this letL Apart from a Rector, membeis of the vestry are ekcted by the (rJngTegatK)n at the annual meetKIg. A Rector or Priest-in-CIN9rge s apponted by the Btshop of the DsE and the joint vestries. Vosty Responsibilitles The vestry is reSpOnsb for managing and safeguardirrfJ the a&sels of the church and to assist the RectorTrriest tn- Charge in matters affecting wrrtual Weffa of the ¢ongregalK)n. They are al) responsible for keeping proper accounttrng rKofds and ensurmg that the accounts are prepared in accordan wrth the temis of the Charties and Trustee Investment {Scolland) Act 2005 and the CtsritE5 A¢xounts Iscotkndl RegulaIJnS 20C6. Relationship with Dioc8so and Prownc¢ Sl Cuthbert's is slljpported by the Dtocese arhj the Province thrOJh the pastoral oversight of the Bthop. central support functnns provided at Dhxesan ¥1 ar¥J grants from central fuThJs The chufch is represented at DCesan level by the Lay Represgntatwe at the moment As a member of the SEC, St. Culhbert's has an oblwJatKJn to eontn.bute to the costs of Diocese and the Prownce through payment of an annual'quots.. The amount is based on felatNe Ve1 of ire of the church in comparison wf(h that of other churches in the D)cese and ProvMN. cor1510 The members of the vestry woukl h.ke to thank aN those who contn.bute Ihew time, energy and money so generously to ensure the continUatn devebpmant of St Cuthbert'8 85 a centre of wcY¥hip. Our thanks are also due lo our independent eyaminer. D*ed:
SL Cuthbert's Scottish Episcopal Church Independent Examlnerfs Report to the Vestry For the Year Ended 30 September 2024 I report gn the accounts of the charty for the year ended 30 Seplember 2024 whth are Set out hereafter Respective respOlbIlItieS of Vestry Membgrs arKI Examlnèr The church's vesty members are resns for the preparatSn ofthè accounts in accordance with the temis ol the Charit$ and Trustee Investment Iscoltand) Act 2005 and Charities Accounts IScoltsrKfl RegulalKJns 2006. An e¥Amination Itude$ a review of accounting records kept by the Charty and a Comparwn of the accounts presented with those records. tt aLso iLe$ consKlernlion of any unusual items or disclosures in the accounts and seeks eypjanat5 from the trustees concemiro wch matters. The procodures undertaken do provKle all the evblence that WOU be required in an 8Irt and consoquentty I do not express an audit ¢Jpinton on the wew gwen in the a¢zounts. Indepgndent Examlnèr SLitemg In the Cor$e of my examination: No matter has corne lo my attentk)n t*Jh¢h gNes me reasonable txuse to bel UBt in any material respect the requirements". {al to keep accountiTrJ records in accorda with SectKJn 4411) of the 2005 Act and Regulation 4 of the 2006 Accnunts reguLAtn$, and (bl to prepare aco)unls accord wrth the r&ords aE¥J compty wi(h regulathjn g of the 2006 Accounts Reguktr)ns. have not been met. Daled. I 2p
St. Cuthbert's Scottish Episcopal Church
Accounts for the year ended 30 September 2024
| Note Income 1 Congregational Giving 2 Donations for Hall Use 3 Congregational Activities 4 Investments 5 Other Totals Expenditure 6 Clergy Costs 7 Church & Hall - Operational Costs 8 Worship Costs 9 Other Totals Transfers to deposit Surplus/(Deficit) |
2024 2023 6,877.05 8,593.70 15,775.00 15,025.00 273.00 220.75 648.02 358.52 2,285.38 4,450.88 25,858.45 28,648.85 1,889.43 1,736.82 3,745.03 2,549.71 - 63.64 2,791.34 2,307.41 8,425.80 6,657.58 - 35,000.00 8,425.80 41,657.58 17,432.65 £ 21,991.27 £ |
|---|---|
St. Cuthbert's Scottish Episcopal Church
Accounts for the year ended 30 September 2024
Notes
| INCOME | Congregational Giving Open Plate Free Will Offerings (FWO) Total Donations for use of hall/church 3 Bears Nursery Prepare 2 dance Helen Irwin Total Congregational Activities Christmas raffle Bishop's lent appeal Christian Aid Emergency Appeal Beetle Drive Investments Bank interest Total Other HMRC tax reclaim Donation Total Total Income |
2024 £ 1,187.05 5,690.00 6,877.05 15,000.00 550.00 225.00 15,775.00 97.00 15.00 - 161.00 273.00 648.02 648.02 2,035.38 250.00 2,285.38 25,858.45 £ |
2023 |
|---|---|---|---|
| £ 1,223.70 7,370.00 |
|||
| 1 2 3 4 5 |
|||
| 8,593.70 | |||
| 15,000.00 25.00 - |
|||
| 15,025.00 | |||
| 104.00 51.75 65.00 - |
|||
| 220.75 | |||
| 358.52 | |||
| 358.52 | |||
| 4,375.88 75.00 |
|||
| 4,450.88 | |||
| 28,648.85 £ |
St. Cuthbert's Scottish Episcopal Church
Accounts for the year ended 30 September 2024
Notes
| Expenditure 6 Clergy Costs Deputising fees Total 7 Church & Hall Costs Insurance Repairs: Church lighting/electrics 1,331.89 Garden clearance - Garden maintenance 520.00 Window cleaning - Gutter repairs - Deposit for new kitchen - Tree Surgeon 120.00 Roof repair 250.00 Keys & Dust Sheets 14.00 Total 8 Worship Costs Altar breads Paschal candle Total 9 Other Quota Donations: SEI - Cam & Rutherglen Reachout - Christian Aid - Gifts Hangers and vestment bags Tea and biscuits Food for Beetle Drive Flowers Candles 1/2 Share of advert Banner Paper cups Barbecue expenses Total Total Expenditure |
2024 | 240.00 380.00 140.00 40.00 264.00 100.00 - - - 275.00 250.00 100.00 |
2023 |
|---|---|---|---|
| 1,889.43 | 1,736.82 | ||
| 6 7 8 9 |
|||
| 1,889.43 £ |
1,736.82 £ |
||
| 1,509.14 2,235.89 |
1,385.71 1,164.00 |
||
| 3,745.03 £ |
2,549.71 £ |
||
| - - |
36.84 26.80 |
||
| - £ |
63.64 £ |
||
| 1,805.20 - 156.74 109.82 23.58 36.00 33.00 12.00 525.00 90.00 - - |
1,433.80 625.00 - - - - - - - 105.00 48.42 95.19 |
||
| 2,791.34 £ |
2,307.41 £ |
||
| 8,425.80 £ |
6,657.58 £ |
Notes, continued
Investments
| 11 Deposit Account no. 00455053 Opening balance Interest earned Transfers from current avvount Closing balance 12 Fabric & Furnishing Account no. 00169883 (previously chair fund) Opening balance Interest earned Closing balance |
41,393.50 6,061.13 607.52 332.37 - 35,000.00 42,001.02 £ 41,393.50 £ 2,764.44 2,738.29 40.50 26.15 2,804.94 £ 2,764.44 £ |
|---|---|
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