Scottish Charity No. SC000386 St Devenick's Church, Bieldside, Aberdeen Trustees, Report and Financial Statements Year ended 30 September 2024
St Devenick's Church, Bieldside, Aberdeen Contents of Trustees, Report and Financial Statements Pages Charity information Report of the Trustees 3- 11 Report of the Independent Examiner 12 ststement of Financial Activities for year ended 30 September 2024 13 Balance Sheet as at 30 September 2024 14 Notes to the FÈnancial Statements for year ended 30 September 2024 Pagel I
St Devenick"'s Church, Bieldside. Aberdeen Charity Information Charity name and address: Scollish Charity Number: SC000386 Charity Trustees: Bankers: Bank of Scotland plc 389 North Deeside Road Cults Aberdeen AB15 9SX Independent Examtner: t¢p ei) lie ailere 30 Binghill Road West Milltimber Aberaeen AB13 OJB Management Accountant Ltd Page12
Si Devenick's Cliurch, Bieldside. Aberdeen Report of the Trustees for year ended 30 September 2024 As the Truslees of St Deveniek's Church, Bield5ide. the Vestry presents its report and the finanLial ststements of the Charity for the year ended 30 September 2024. l. Governanc¢ .Status of the Charity. and governing document St Devenick's Church, Bieldside. is an unincorporatcd association governed b} a Constitution dated 21 June 2009. with minor amendments madc on 7 January 2011. The Church is a member congregation of the Diocese of Aberdeen and Orkn¢y within the Scottish EPI0paI Cburch. For the purpos¢ of charity law, members of the Vestry are the charity trustees of the Church. The Bishop of Aberdeen and Orknej has pastoral oversight of all congrregations N&'ithin the Diocese, and all Scottish EpisLopal congregations are subject to the Code of Canons ot. the Scottish Episcopal Church. Objectives of the Charity The object of the Charity. as set out in the constitutio is the advancement of the Christian faith to provide public benefit. In addition. because of the historic involvement of the church in generat in these charitable activities, the Office of the Scottish Charity Regulator r¢cognises as objects the advancement of education: the advancement of health. and the relief of those in need by reason of age, ill health, disability. financtal hardship or other disadvantage. The dctails of the Charity's regislration OSCR clarify that these objects niay be pursued in the UK and overseas. Policies adopted to further the objects of the Ch8rity The Trustees have given consideration to how funds received by the Charity will be applied in the context of its objects and are satisfied that their policies meet that end. They seek to advance the mission of the Christian Chllh through the oiganisation of public 5eTvices of Divine worship, through pasloral outr¢ach to the local community, and by supporting and encouragingT those members of the community" and the congregation who are in need or in other ways disadvanthged. The TTUStees make the church buildings available for use bv local community groups provided that the activities undertaken are not in conflict with ihe objecis of the Charity. They make charitable donations to charitable causes that provide benefits to disadvaniaged people in Aberdeern elsewhere in Scotland and the United Kingdom. and overseas. I'hey prornote the advancement of the Christian faiih worldwide by giving financial and oiher support to those engaged in this work. Trustee$ and Office Bearers Page13
St Devenick's Church, Bieldside. Aberdeen These office bearers are members of the Vestry ex officio. In addition, tliere are places tor six 'ordin{ Members,. All tneinbers ot the Vestry are Trustees for the Charity. The Rector, with the Vestry, is responsiblc for the spiritual and temporal affairs of thc Church. and delegates aspects of'the Church's operations to paid stsff, volunteers with specific Toles. and to members of the congregation as necessary. Temporal polici¢s and staff appointments are authorised by the Vestry. A standingi committee of the Vestiv comprising the two wardens and the treasurer oversees operdtion5 on behalf ot Vcstry as needed. A Ministry Team comprising some trustees and other members of the church works with and advises thg Rector on the spiritual affairs ofthe Church including the orgTanisation aiid conduLt of public services of worship. The Ministry Team currently comprisL'% li ) hi Mernbe. tlie Reetnr'8 Illirden <?nd thc Penplc'8 Warden: Ind a Yniith P1£tn he Reclor, Nfv'hen in post. woiild also b¢ a member ot- the Ministy Team. Members of the Team may be invited to attend meetings of the Vestry. The Vestry met I I times during the course of the year to discuss the charitable activities and management of the Church. It was chaired throughout the year by various members of the Appointment of Trustees and Office Bearers I'he Vestry appoints the Rector. who is th¢n instituted to the Charoe by the Bishop of the DioLes¢. The post of Rector is stipendiary. The Rector 8 Warden is choscn annually b}. the Rector (d the appointment is received by the congregatior] at the Annual Meeting. The People's Warden and the Lay Representative are elected at the Annual Meeting or at a Special Meeting called for the purpose. No ordained clerical member of the congregation niay participate in the election of the Lay Representative. The Annual Meeting. or a Special Meeting called for the purpose. elects. or d¢clinLs lo elect. the SeLretary and Treasurer from nominalions made by the Vestry. Ordinary Members of the Vestry are each elected for a three-year temi by the Annual Meeting. the Vestry may fill casual vacancies by co-option. Induction and Training of Trustees All new Trustees are provided wilh a copy of tiuidanL'e al Good Praclicefor Cknrity TruJ'tee.f issued by the oifice of the Scottish Charity Regulator. They are given a copy of A la 7 01-PVG.- A Guide lo Regulaled Mioi'k in ihe.gcollish Episcopal Church, of Protecling Vulnerable Adu113, of SafeRt4arding C'hildren and Young People in ihe Chz4rch.. Child Prolcction Training Booklel and of Safeguarding ihe Yulnerable. Cu-ordinulor and ve.slry Page14
St Devenick's Church, Bieldside. Aberdeen Handbook. all of which are issued by the Scottish Episcopal Church. They ar¢ also given copie5 of the Charity's Hea]th and Safety poEicy. Written confirmation is sought from each Tnlee on appointsnent that they are fit and proper persons to act a5 a Trustee ot.the Charity. 2. Achievements and Perfomance The Church has a long-established pattern of one mid-week service and two Sunday services which continues. Attendance at both the mid-week service and an earl! Sunday service has growT) over recent years. AtlendanLe at the main Sunday services can vary significantly from week to week but generall}'" remains muoh lower tlian it had been before Covid. Services are also held approximately quarterly for residents at the Simeon House Care Flome. Youth activities continue to seek to engage whole families and integrate this work better with work in the community more generally. Considerable resources, both in tenns of personnel and finance. are applied to Messy Church held once a month on a Sunday morning and this does haiie an impact on atlendance at the main Sunday service. A number ot'members of the congre¥ation assisi with this and other children's work with the active inTrolvement and supervision of the Youih Pasior who also works with local schools. The Youih Pastor is a salaried employee of the Church. The Trustees are concerned to ensure the continued professional developinent of paid staff, in¢ludingJ the Reclor wlien in post, and in their budget make provision for attendance at appropriate conferences or training cour8es. Vestry members attended first aid and sateguarding policy courses. With the Ministry Team they a]so held a whole day conference to review Church ministry and teaching programmes. The position of Rector has been vacant since the end of May 2023. Trustees and other meinbers of the Longregation have taken responsibility to enable most of the noma] activities of the Church to conlinue. Retired or noD-slipendiary ministers have assisted w'ith communion services and several lay members of the congregation have been licensed to administer communion. In April 2024 vas appointed on a fixed-temi contract as a parish worker. In this role he ha.s cq%sisILd li Ith pastoral work, children'5 work in conjunction with the Youth Pastor, and with preaching and teaching in the Church. both on sundays and in the del jiiery of mid-week seminar series. As an Old Testament scholar, he has been able to bring a particular perspective to the teachingJ ministry of the Church. He is expecting to take up an appointment at the Namibia Evangelical Theologica] Seminary, in Windhoek, Namibia. His contract with the Church will conclude on the earliest of his taking up this appointment, the institution of a full-time, pernianent Rector al the Church, or the end of April 2025. Tlie V¢stry may extend his contraci b¢yond April 2025 if neither of the other detennining events has occurred. Page15
St Devenick's Churc14 Bieldside, Aberdeen Trustees are keen that a new Reclor should be appoinied. To that end they have prepared a profile, outlining key characteristics which define the Church and describing its activities, to provide information to potential candidates. The vaLancy ha5 been advertised. Sotne interest has been expressed but no interviews have yet been held. The Youth Pastor has intimated that she will be giving notice of her intention to leave her employment b). the Church during the course of summer 2025. The Vestry will take account of a number of factors wh¢n considering whether to appoiiit a successor. In the meantime, the Minisiry Tearn will be considering in d¢tail how children's and youth work will be organised and condu¥ted should an appointmLnt not be made before her departure. Siiyipurt conliiiues lor tliL w()rk iindert¢ikeii by in training pastors tn working wlth Lrossfftinks in Spain. Support more gLIILI'ail )' li also bLLn giNun lor illi O[L of Frontiers. Trustees consider that a lder understsnding and appreciation of the growth of the Christian church across the world should b¢ developed. To this end it is hoped that r¢gular contacL including through occasional presenlations by them lo the congregation, will be maintained with LIK lieadquarters staff of both societies to provide a strategic oveTh'iew. During the year the (Ind their family were able to visit ihe Church tor one weekend to talk about their Ork in Spain. to contribute to the Sunday seThices and to meet people in the Church. Trubtees also hav¢ funds available to help meel social conccrn needs, whethcr local or international. It has been decided to contribute part of the budgel allocation each y¢ar to the 'ork of T¢arfund. Trustees deterniine each year to what causes, which might differ from year lo year. the remainder of the budget allocation is given. The church buildings are used as a versatile facility for community engagement as well as for 'orship. The church hall. in particular. is available for hire to individuals or orgianised groups. This is regarded as part of the Church's communily service. A principal user of the hall throughoui the week during school tenn times, providing pre-school cducalion and play. is the St Devenick's Playgroup. The Trustees are responsible for ihe maintenance of the fabric of the church buildings and grounds. No major repairs were r¢quired duringi the course of the year. The oil-fired boiler which provides healing in the hatl fts reaehinLF the end of- its useful life and Trustees are likely lo replac¢ it with during the coming year. 'fhe replacement boiler is lik¥ly to be gas-fired. but consideration might be given to installing an electric boiler as suggested recently. The activities of the Church are heavily dependent on the willing commÈtment of many volunteer5 in the congr¢8ation to assist the stsff in their roles and to advance the objects of the Church as a charity. Several members of the congregation are licensed to lead worship. administer communion or preach. The reduced congregations attending recently has. however. diminished the pool of individuals available to undertake responsibilities in running activities and has led to addilion pressure on those who are available and willing to volunteer. Pag¢16
St Devenick's Church, Bieldside, Aberdeen Since September 2021. St Devenick's TnteeS have sought to engage with the Truslees of the Diocese of Aberde¢n and Orkney (Scottish Charity no SC022180) regarding concerns about the operalion of the Diocese, including its governance. allegations of bullyiniv and possible financial mismanagement. Sonie of these conccms directly impacted on St DeN'eniLk's Church and its RtOr. both finanLially and personally. The Trustees are aware that concerns aboul the management of the Diocese have been expressed by oihers to Ihe OlCe of the Scottish Charity Regulator (OSCR) which is understoi)d to be investigating them. The Trustces of the Diocese have continued to refuse to engage with these concerns. The investigation by OSCR into these expressions of concern is reported to have been completed, but the Diocesan Trustee5 have nol yet made available the details of any findings. The Trnstees are also a"£Ire. th'il l()riii¢al i()mplaints about the conduct of the Bishop of Aberdeen and OrknL'y, were submilled to the Provincial Synod of the Scottish F.piscopal Chw"Lli (SLOllibli Lliarily no SCOI 5962) by individua]s from ehurches aeros.q Ihe Diocese under the ternis of Canon 54: the disciplinary measure of the Scottish Ep1sPaI Church. While thes¢ complaints were being investigated, Ihe Bishop was Suspended, and general oversight of the Diocese. and of St Devenick's ChurLh, was proi'ided by a s¢qu¢nce of other Bishops in ihe Province. The suspension 0.4 Diocesan bishop h&% now been lifted. alihough the Procurator stated that there w(ib legal sufficiency of eTridence to provide a realistic prospect of convicting her on all charges. The Trustees are not aware that any safeguarding measures have been put in place following her return. St Deveniek"s Church, aloiig with other Scottish Episcopal churches in tlie Diocese. would normally make financial Lontributions to the Diocese land thereby to the Province), as requesied by the Diocese, as 'Quota' payments. The Vestry's understanding is that such paymenls must be voluntary, made from one charity to another. Members of the Vestry, as Trustees of an independent charity, consider that they could be deemed not to be acting with due diligence if they were to make payments to the Diocese. recognising ils separate status as a charity, when ihere are serious concerns about its management. According?ly. the Trusfres have again decided to withhold payment of Quota for the currenl accounting period. It is probable that they will maintain this position at least until such lime as issues within the Diocese are resolved, and possibly after that in recognition of the darnage they consider the situatton has caused to St Ikvenick's Church and its ability to fulfil its charitable objcctivcs, 3. Financial Review Resul¢s for the year The financial statements for the year are sel out in pages 12 to 21. The Statement of Financia] Activilies on page 14 shows that incoming resources were £92,414 (2022123: £140.952). This was entirely unrestricled incorne and was 200/0 less ihan unrestricted income received during the previous year (2022123: £115,628). During 2022123 there were restricted donations of £5.324. Total resource8 expended were £87:419 (2022123: £79:801) so that theT¢ M'as an overall surplus of £4,994 (702212J". £61.151). Expenditure of unrestricted funds was £78,190 Page17
St Devenick's Church. Bieldside. Aberdeen (2022123: £66,763). Taking accounl of movements between fid5, there was a sUlUS on unrestricted funds of £1,430 (2022n3: £30,343). Total funds at tbe end of the year were £149,686 (2023: £144.692) of which £79.6¥2 were untestricted funds. Designated funds amounted to £69.505 and restricted funds to £500. The definitions of the funds held Are given in Notes 2 and 19 to the Accounts. Review of transactions and financial position of the Charity Members of the congJregJation are encouraged, in so far as tliey are able, to give regularly. 'ith the benefil of a tiifi Aid Declaralion: ideally by Standing Order from their B(uik, 4ind without applyinLJ any restriction to its use, to support the ongyoing work of the Church. In total. regu]ar giving by the congregation, including also cash offerings which account for only a small element of giving, was £58,940. This was a decrease of 250/0 from the comparable figure in 2022123 (£78.958). Othcr volunlarj, tncome received during the year. maiiily from the congregation, amounted to £9.732 ofwhich none wa5 restricted (2022123- £22.787 of which £5,324 was restricied). Overall, unrestricted voluntary income was 290/0 less than it had been in 2022123. Income from hiring the hall to other users was £21.504 (2022123.. £19:207). Energy costs and the cosls of cleaning represent a significant proportion of the costs of making the ball available for hire. Truslees need continually to ensure that income generaled from hiring the hall to third parties is not less than the total costs incurred in making the hall available for hire. Maintenance costs can also be significanl although some longer-terni maintenance costs can be difficult tn quantify,. Fees for hiring the h811 will be rcviewcd at least annually and 11 take into account Lspccially the impact of increasing energy costs. During the course of the year, as during the two previous years. sums equivalent to voluntary fijiancial contributions that mi¥hi have been tnade to ihe Diocese as Quota were transferred Irotn unrestricted funds to a Desigynated Fund pending a possible resolution during the year of the concerns ,hIch the Trustees have about governance, bullying and financial management in the Dio¢ese. As no progress had been made tothards the resolution of those concerns by the ¢nd of September 2023. Trustees resolved that it would not make a financial contribution for 2022123 and, accordingly. transferred a sum equa] to the Quota for the year back from the Designated Fund to unrestriLted funds. A similar decision was made early during7 the current year in respect ol. funds traiisferred to th¢ Designad Fund during 2023124. OnLe the issues have been resolved, the Trustees will expect tn discus.s with represenlalives of the Diocese the detrimental impact which the situation in the Diocese has had on the ministy of the Church and may be inclined not to make a financial contribution to the Diocese for a number of years. Ensuring that stsff. engaged by the Trustees and reliant on their respective salaries, are paid fully and promptly will always b¢ a prioriiy for the Trustees. Gross staff costs, including salarit5, pension contributions. staff expenses and locum fees. were £40,881 (2022123: £33,628). Page18
St Devenick's Church, Bieldside. Aberdeen The Vestry as an employer is able to reclaim up lo £3.000 against Class l National Insurance contTibutions. For a small employer, such &s St Devenick's. this makes a significani difference to the amount of National Insurance payable. and durinL. 2023124 no employer National Insurance contributiuns w'ere paid. Donaiions made by the Church from both unrestricted and restricied funds to support activity for the advancement of religlon throughout the world and to contribute to social concern initiatives and the relief of need amounted to £7.650 (?022123- £13,137). Information on hich organisaiions and causes received donations from the Charit). is given in Notes 11, 12 Id 13 to the Accounts. The Trustees hav¢ ab)reed ihal 59/0 of unr¢slrict¢d incom¢ should be applied to support worldwid¢ mission to advance the Christian religion and during 2023124 £4,621 (2022123 £7.207) was transferred to designated funds for this purpose. Prols1On was made during the year, from unrestricted income, for major repairs or other capital expendilure that may become necessary or desirable al some futur¢ date. £6,000 (2022123: £9.500) was accordingly transferred from unrestricted to designated funds. £6.095 (2022123: £? 120) 'aS spent during the year from unrestricfrd ndS on routine mainienance lo the buildings and grounds. Thi ChurLh had been protected from recenl increases in gas and electricity prices thmugh contraLls with lis enLrLyy supply company which expired in mid-summer 20?3. The Cost of oil for heatiiig the hall was not so protected. N¢w energy contracts were negotiated when long tenn prices seemed to be relatively Eow but substantial increases the costs of heating and li&)hiing the buildings were incurred. During the year £12.595 (2022123: £5,977) was spent on heating and lighting. The Church is always likely to be dependent on the generosity of the congregation in their voluntary giving for providing most of the income that is required to enable the Church to meel its financial commitments and undertake ils charitable activities. The Trustees are grateful io all members ot.the congregation who have given consistently, and s()melimes saLrificially, Ihruughout the year. During the year, £23.742: representing 260/0 of total income (2022123.. £46,993 including a bequest of £20,000; 330/.) came from other sources. The Trustees: for 2023124. adopted a balanced budgei after having adopted deficit budgets for several years previously. This was considered possible bccause staff costs. in the absence ot. a Rectu¥ for at least much of the yedr. were expeLted to be le55 than tliey would otherwise hai'e been. Tlie decision to withhold the pa}'ment of Quota did not affect the budget as correspondii)g sums are transferred to a Designated Fund. The transfer ofthe previous year, Quota allocation back to unrestricted funds increased the reserves held by the Church and was not applied to the year's budget. On this basis. a deficit of £15,525 was returned on unrestricted funds. This is obscured on the Sialement of Financial Activities. which shows a surplus of £1,430, by the trdnsfers made between t.unds when the previous year's Quota provision was transferred from the Designated Fund back unrestrtcted funds. Tru.stees once again returned to adopting a deficit budget for 2024125. If Quota for the year were paid to the Diocese as requested, instead of being transferred to a Designated Fund, a deficit of £23,000 would be probable, with 210/0 of expenditure not co.e[ed by income. Pagle | 9
St Devenick's Church, Bieldside, Aberdeen While a deficit of this scale can be niet during the comTng year from reserves, this is clearly not sustainable in the longer terni and requires a response from the congregatffton. All members of the congregation are asked to recognise their responsibililies to coniribule to meeting7 the costs of running the Church and are encouraged to give in proportion to their income. but they are also asked to consider whether that proportion is realistic. Donations that might have ken realistic 10 years. or even 5 years, ago are probably no longer realistic if the! hav¢ not been iiicreased in the meantime. As the Church takes forward its charitable and n)issional responsibilities. Trustees continue lo look for a gyrowth in ihe size of the congregation. and as new members join so th¢ Trustees expect inLome gyradually to grow also. This will not happen immediately. Reserv¢4 policy I'he Truslees have adoptcd a policy of maintaining T¢scrves of unrestricted funds such that, in the event of a significant reduction in income. th¢ Church would be able to maintain its level of activities. which are current at the ttme, for a reasonable peiiod untTrl replacement funding is obtained. The Trustees consider that the equivalent of 3 months, unrestricted expenditure is suflicient for this purpose and tor 2024125 this is £27,500. In addition to this. the Trustees will seek to accrue de%ignated funds for major repairs and oiher necessary capital expenditure by making annual provision for this purpose. The church and the Rectory are both more than 120 years old and repairs are inevitable. Making provision at a modest level each year helps lo srnooth oul over several years the costs of repair work or improvemenls when they do become necessary. At the end of 2022123. after having made provision of £6,000 (?022123: £9,500) the sum accrued by the end of the year amounied to £i3,712 (2023: £28,645). Although the most recent quinquennial survey and subsequent inspections did not identify any major issues, the sum currently now held is probably not sufficient to meet possible expenses that might arise given the size and age of the church buildingF in particular and provision for major repairs will continue to be made in cach year's annual bud8Ct. Investment powers The Trustees have powers to open aiid manage bank accounts, to make investments: and to purchase or acquire heritable property. Assessment of risks The Trustees have considered risks to which the Church may be subject and have in place or are developing procedures and policies to mitigate the possible eftects of most of those risks. They update their Health and Safety Policy when necessary and have adopted the Scottish Episcopal Policy on safeguarding. Procedure5 are in place to ensure that personal data is protected. They have insurance policies in place to cover possible risks to the t:abric and public liability which they consider lo be adequate. The Trustees adopt an annual budget for unrestricted funds. lo which they work and which is monitored monthly, and a longer-term capital plan for major repairs or improvements to the fabric. They have identified that risks to the level of income from regular giving artse trom the demographi¢ age structure of the congregation, from relocation of men]bers of tlie conuegation aw'ay from Aberdeen. Page | 10
St Devenick's Church. Bieldside, AIKrdeen from possible disaffection particularly relating to the ongoing situation in the Diocese. Trustees have no control over any of these but will need to continue to encourage regular and rcalistTC giving from the Congregation to compensate for any reductions in income arising from these risks. Pension regulation The Trustees have approved arrangements to ensure that the Charity is compliani with Pension Regulations under the Pensions Act 2008. The Church has paid the einplover'5 con(ributions as required by the Regulations for those employees h0 haTre a pension scheme in placc. Fabric Ilie lieritable property of the Charity is vested in Property Trustees who hold it in trust for the Chge. I"he Property Trustees are the Bishop and the Dean of th¢ Diocese of Aberdeen and Orkney. and the Rector. the People s Warden and the Lay Representative of St Devenick's Church. Except in the event that the Charity were to be extinguished. the Property 'fruslees have no involvement in the management ot the propeny but rely on proper managemeni by the Vestry. Statement of Trustees, responsibilities Charity law requires the Trust¢es to prepare financial staten]enls for each financial year which give a true and falr view of the state of the Church"s affairs. of its incoming resources and of the application of ils resources, including its surplus or deficit for that year. and which ale in agreemeiit with the accoimting records of the Charity. In preparing those financial statements. tlie Trustees are required to: select suitable accounting policies and then apply them consistently. make judgements and estimates that are reasonable and prudent; prepar¢ Ihe financial statements on the goingj concern basis unless it Is inappropriate to presume thai the Church will continue in operation. The Trustees are responsible for keeping proper accounting records which disclo.ge with reasonable accuracy at any lime the financial p051tion of the Church and enable them to ensure that the financial statements cOpIY with the relevant legislation. The Trustees are also responsible for safeguarding the assets of the Church and hence for taking reasonable steps for ihe prevention and detection of fraud and other irregularities. The statement of account, which includes the Statement of Financial Activities. the Balance Slieel. Notes to the Accounts, and the Annual Report, was approved by the TStee5 on 27 February 2025. On behalf ofthe Tru Date: IreaYurer/lruslee Pagel 11
St D¢v¢nick's Church, Bieldside, Aberdeen oscr Office of Ime Scoiiish Charlty Regulator Independent examiner's report on the accounts Report to the Charity name trustgeslmembtrrs of Si Devenick'5 Episcopal Church Registered charlty SC000386 number On the accounts ofthe chartty for the period Persod start dale Monlh Period end ¢Jale Year Day Year oi 10 2023 to 09 2024 Sot out on pages Ir•N9mbof w rnclude the pag tnbtris of 4dthlwal s)eetsi Respectlve rosponsibilitles of trust•es and 9xaminer The charity's trustees are responsible for the preparation of the accounts ln accorO8ne8 with the terms of the Charities and Trustee Inve51menl (Scollandl 2005 Act and the Chanlies A¢counls Iscotlandl Regulations 2006. The charity trustees consider that the audrf requirement of Regulation 10111 Idl of the Accounts Regulation5 does not apply. 11 is my responsibility to exam1ne the accounts as iequired under section 4411 } Ic) of Ihe Act and lo slate whether particular matters have corne lo my attention. Basis of independent My ex2rninalion Is carried out in accordance with Regulation 11 of the Charities examiner's statement Accounts (Scollandl Regulations 2006. An examination includes a feview of the accounting records kept by the charity and a comparison of the accounts presented wrf(h those records. 11 also includes consideration of any unusual Item5 or disclosures in th accounts and seeks explanation5 from the trustees concerning any such mallers. The procedures undertaken do not provide all the evidence Ihal would be required in an audit and, consequently, I do not express an audit opinion on the accounls. Independent examlnefs In the course ol my examination. no mallef has come to my attention. statement which give5 me reasonable cause lo believe ihat in any material SPeCt the requirements.. lo keep accounting records in acwrdartce wrth sectson 4411 J lal of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and lo prepare accounts which accord with the accounting records and comply wilh Regulation 9 of the 2006 Accounts Regulations have not been met, or to which in my ojipion atl.eq!ion should be drawn in order lo enable a proper reached. Slgned.. Name.. Relevant profèssional qualification{sl or body Chartered Management Aeeountant {if any): Date: 7th March 2025 Address.. 'Plea$e d*ete th8 4v¢xd¥ In the brHcke.'" lolbvding page. I'itr.. iiL) 4E)Dly. set oul Ihose matters whith have tome lo your attentscffj on the Page | 12
St Devenick's Church. Bieldside, Aberdeen St Dèvènlck's Episeopal ChUh, 8leld8ide, Aberdeen S¢ottish Charity No SC000386 Statement of Financlal Actlvllle• for the yèar •nd•d 30 S•pttrmr 2024 Unrestricted Funds Designated Funds Restricted Funds Total 2024 Total 2023 Notes Incoming reBourcos Voluntsry income Grants & olher income Interest & property incom& 68,67164 1,292.01 22,4.07 68,671 64 1,292.01 22.450.07 107,744.68 20.000 00 19,207.20 Total iftc¢mlng resources 92,413.72 92.413.72 140,951.88 Re•c*UrG 9Xnd•d Charitable aciivities Governance costs Capital expendTrture 77.590.23 600.00 7,550.00 745.42 85,885.65 600_00 933.60 76,302.67 3,498.IX) 10 933.60 Totsl resourefjs ¥xpend 78,190.23 8,483.60 745.42 87,419.25 79.800.67 Net incoming loutgolngl resourcos before tran$f•rs 14,223.49 1 8,483.601 { 745.421 4,994.47 61.151.21 Transfers between lunda 12,793 81 } 12,943.81 1 150.001 Net movement in fijnds 1.429 68 4.460.21 1 895421 4.994.47 61,151.21 Fund bala•$ as at 1 OCtor 2023 78,251.87 65,044.88 1,395.42 144,691.97 83,540.76 Fund b¥lan¢•s as at 30 Septsmber 2024 £ 79,681.S5 £ 69.504.89 £ 500.00 £ 149,686.44 £ 144,691.97 Pagel 13
St Devenick's Church, Bieldside. Aberdeen st Devenick's Eplscopal Church, Bl•ldsld•. Abordeon Scottish Charlty No SC000386 Bal•n¢• 8h••t •• al 30 8ptembw 2024 2024 2023 Current Assets Accounts r1vable Cash at bank and in hand 14 10,517.70 141,225.91 5.7.17 142.180.61 Total Current Ass8ts 151.743.61 148,147.78 Liabilities.. amwnts falling due within onè yeaT A¢ut$ payable 15 2,057.17 3,455.81 Total Liabllitios 2.057.17 3,455.81 Net Current Assets £ 149.686.44 £ 144,691.97 Represented by: Unrestrictod funds General fund 19 79.681.55 78,251.87 Designated lunds World mission Social concem Quota fund C8pitsI building fvnd PTtiiects fund 6,423.41 1,016.48 18,353.38 33,711.64 10.000.00 8.602.76 842.34 16,954.34 28.645 24 10,000.00 19 69.504.89 65,044.68 ReslFiGted funds World mission Other aroas of minstry Social ncern Recovery & Rene+MI fund Anderson Trust Isunday S¢hooll h4nd CBpilal building fund Projector fund 487.05 500.00 500.11) 408.37 0.00 1,395.42 £ 149,686.44 £ 144.691.97 The financial statemènts, includlng tho 8al•n¢¢ Sh•e( wgre •ppr¢v8d by th• Trustsos on 27 February 2025 Tt61ee1lierfrstsrg1 The notes on pages 15 to 22 fomi part of these finanGio1 stslements. Page | 14
St Devenick's Church, Bieldside. Aberdeen Notes to the Accounts for the Year ended 30 September 2024 1 Accounting policieo Accountlng conveTrtlon The accounts have been prepared under the historical cost convents'on in accordance with applicable accounting standards, the Charitses Accoursls Iscotlandl Regulations 20( las amended) and Accounting and RertIng by Charities.. Statement of Recommended Practice ISORP} issued in 2005. Basi5 of financial $tstements The financial Statements have been prepared on an aGGrua15 ba5[5. Cash flow statement The Trustees have taken advanta9e of the exemption in Financial Reporting Slandard No 1 Irevi3ed) from including a cash flow ststemenl in the financial statements on the grounds that the Charity is small. Tanglble flxed a$$ets and d&pr¢¢latlon The original costs of the church building. the hall and the Rectory these assels are not known. Nor are the costs of subsequent improvements. Historical costs afe therefore not shown in the financial statements. Further, the Trustee5 are of the opinion Ihal the cost of obtaining a professional market valuation of these assets ouelghS the potential benefit lo the users of the financial statements. On 1 August 2019, the church building and its conten15 were insured for £5,600,000, the hall and its contents for £2,800.000, and, from 12 January 2020, the Rectory and contents not owned by the Rectory household for £814,646. This is an estimate of the replacement cost of the building5 an contents owned by the Church. Replacement costs do not represent market value of the property. and do85 not include valuation of the land on which the buildings are situated. It is an increase of 92°/4 over the total insureLI sum Ihe pvIouS year. Expenditure on tangible fixed assets, including major repairs to the fabric, athough defined for the purposes of these Acwunls as 'capitsl expenditure.. is charged to revenue as incurred. In¢ome Congregational giving is accounted for when reIved. Donations, legacies and similar income are accounted for when the Church beMe$ ented to the income and a reliable estimate of Ihe amount to be received can be made. Expendfture ExpenditUTe is accounted for on an aGcTuals basis and has been classified under headings that aggregate all costs related to that category. Where costs cannot be attributed to particular headings they have been allocated lo activities on a basis consistent with the use of the resources. Direct costs represent those costs incurred directly on expenditure in the objects of the Charity. Support costs represent costs incurred in facilitsting and admintstering the acb'vits'es of the Charity. Govemance costs relate to those costs ne$sary to provide the governance infrastructure whic allows the Church to operate and to generate infomiation required for publi¢ accountsbility. Capital expendrture for the purposes of these financial statements is defined as significant expenditure lo repair, refvrbish or improve tangible fixed assets owned or managed for the objects of the Charity, including the fabric of the premises. Pagel 15
St Devenick's Church. Bieldside, Aberdeen Note$ to the Accourts for the Year end•d 30 September 2024 Taxation The Church is recognised a8 a Scottish charity Ino. SC003861 and accordingly is exempt from all fomis of direct taxation. Income tax andlor capital gains tax recoverable on Gift Aid income is accounted for on an accruals basis up to the end of the financial year. 2 Funds The Charty hotds the main funds.. UnStriCted funds comprise income received for the objects of the Charty without fijrther specified purpose and are available as general funds. Designated funds compTrse Incorne received for the oblts of the Charty without fijrther specified purpose, bul which the Trustees have determined should he available for specific purposes that they have defined. Restricted funds eomprise income re1vert for the objects of the Charity and specified for a restricted purpose within tt)ese objects by the Oono Further details of the fvnd5 held by the Charity a given in Note 19 below. Page | 16
St Devenick's Church. Bieldside. Aberdeen Notss to thp Accounts for th• Y•ar ¢nd•d 30 September 2024 3 Voluntary In¢om• Unrn•trl¢tsd Oe¥ignal•d R4J•trithd Funds Funds Funds T*)tsl Fund• 2023124 Total Fund 2022123 Regulargiving Gift Aid donations Tax redaimable Olhef regular giving Cash 36,075.00 9,345.21 12,145.00 1,374.59 36,075.lJ) 9,345.21 12.145.IX) 1,374.59 50,158.09 12,897_09 14.440 00 1.463.lJO Total rngul•rglvlng 58,939.80 58,939.80 78,958.18 Other donatlons Grft Aid donations Tax reclaimable Other dgnaiion¥ 7,270.00 1,817.50 7,270. 1,817.SO 17.237.20 4,309.30 1,240.00 Totsl other donations 9,731.84 9,731.84 22,786.50 Totsl voluntary Incom• 68,671.64 £ £ 88,671.64 £ 101,744.68 Of whi¢h for: General PUTposea Staff costs Worfd mission Other area5 of ministry Social concem and relief of neéd Caprtal projects 68,671.64 6B.671.84 92,234.63 260.00 6,145.00 88,671.64 £ £ 68.871.84 £ 98,839.63 4 other incomg Unrestrlctod FLsnds D•8ignat•d Fund$ Rè8tri¢t•d Funds Totsl Fund8 2023124 Totsl Funds 202Z123 Interest received Hire ol premi$es Council Tax ¥efund Events Bequest 945.62 21.504.45 1,292.01 21,504.45 1,292.01 19.207.20 20.000.00 23,742.08 £ £ 23.742.08 £ 39,207.20 S Charitsbl• aetivlti•s Staff Costs Direct Costs Support costs Total Funds 2023124 Total Funds 2022123 Charitable aclNitle8 40,880.76 10,669.08 34,335.81 85.885.85 78.302.67 40,880.76 £ 10,669.08 £ (Not$ 7) (Notg 81 34,335.81 £ 85,885.8S £ 76,302.87 (Notg 9) Of whlch., Unrestricted lunds De$ign8led fund8 Restricted funds 40.880.76 3,119.08 7,550.OLI 33,590.39 77,590.23 7,550.00 745.42 63,265.19 7,713.48 5,324.00 745.42 40,880.76 £ 10,669.08 £ 34.335.81 £ 85.885.85 £ 76,302.67 Page | 17
Si Devenick's Church. Bieldside. Aberdeen Note$ to th• A¢¢¢unts for the Year ended 30 September 2024 6 Oovernanc• costs Unmtrlctsd Funds D•Jign&ted Funds RtrIcted Funds Total Fund• 2023124 Totol Funds 2022123 Accountancy costs Other professional fees 600 00 600 00 2.898.00 600.00 £ 600.00 £ 3,498.00 7 Staff ¢o$ts and numbetS Unrestrlotsd De•lgnat•d Funds Fund$ R•$trlct•d Fund$ Totsl Funds 2023124 Total Funds 2022123 Gr088 8alarie8 Employer's N8lion81 Insuran Pension contributions Staff travel and othef expenses 38,236.87 38,236.87 24,790.19 1,374.54 1.269.35 1,374.54 1.269.35 7,929.27 908.42 40.880.76 £ £ 40,880.76 £ 33,627.88 The average number of employees during Ihe year was 312022r2023.. 31. No employegs roceived emoluments in excess ol £60.000. Inf0MtIOn regarding stipendiary members of the clergy. who are tecnically not employees but offi¢e-hokJers, would normally be induded in the above but none was in post during the year. 8 Direct costs Unrg$trl¢tsd Funds Do$lgnatod Funds Rostrlctad Funds Total Funds 2023124 Total Funds 2022123 Nots6 Quota Conduct of 8eNices Children's & youth work Missional Communities Other activitses Worfd mi35ion support Other areas of ministry SocAal concem & relief of need 1.439.87 899.55 595 33 84.33 1.439.87 899.55 595.33 1,160.49 790.70 475.18 322.32 6.500.QXJ 100.CX) 6,S37.48 6,81)0.110 6,800.00 100.00 750. 12 13 100.00 750.00 3,119.08 £ 7,550.00 £ £ 10,669.08 £ 15.906.17 9 Support Unrts#trictèd Funds Dèslgnatsd Fund$ R•Jtrf6ted Funds Total Funds 2023124 Totsl Fund• 2022123 BLildinos. grounds & equpt mainten8n¢e Equipment purchase Heating & lighting Cleaning Insurance Rectory Council Ta Catering Office expen$es Publioty Ounderdale Grant repayment Fund Taising costs 6.095 11 139.82 12,595.37 5,585.09 5,117.S1 6.095.11 884.80 12,595.37 5.585.09 5.t17.51 2,119.$9 82.93 5,976.82 7,520.07 4,754.53 3.641.40 529.52 2,036.26 107.50 744.98 539.77 2,043.77 1,473.95 539.77 2,043.77 1,473.95 £ 33.590.39 £ 745.42 £ 34,335.81 £ 26,768.62 Pag¢l 18
St Deveni¢k's Church. Bieldside, Aberdeen Notss to th8 Ac¢ounls for the Year ended 30 September 2024 10 Capltl tsXP•TKllture unlt¢t•d Funds Dtsbtgnatd Fund8 ReBtriGted Funds Total Fund• 2023124 Total Funds 2022123 933 60 933.60 933.60 £ 933.60 £ 11 World mi•31on •upport Unr•striGted Funds Oe8ignat•d Fund$ Rg8tri¢ted Funds Total Fundts 2023124 Total Fund• 2022123 Crosslinks Fronliers Imkert)of Training Centre Christian Trust Milson expenses 3.000 00 1,000.00 2,500.00 300 00 3,000.00 1.000.00 2.500.00 3.000 00 1.IXJO 00 2.500.00 6,800.00 £ 6,800.00 £ 6,500.00 12 Other area8 of ministry Unrestri¢tsd De$lgnatod Fund8 Fund8 Rgstrlcted Funds Totsl Funds 2023124 Total Funds 2022123 Ew8n9dicel Alliance 100.00 100.00 loo.00 100.00 £ 100.00 £ 100.00 13 Soclal concern & relief of need Unrostricted Deslgnated Fundg Fund Restrlctsd Funds Total Funds 2023124 Total Funds 2022123 Aberdeen CYnisn3 Cockermouth Mountain Rescue Funeral costs JustGiving St Augustine's Church, Dumbarton Rectorfs Di$¢retsonary Fund Tearfund 614.00 86.50 5,324.00 12.96 250.00 250.00 500.00 500.¢X) 500 00 750.00 £ 750.00 £ 6,537.48 14 A¢counts rt¢eivable 2024 2023 Tax reclaimable Grants Hire of hall Rectory Coundl Tax Interest 3,464.20 5,967.17 2.102.00 4,941.41 10.09 10.517.70 £ 5,967.17 Page | 19
St Devenick's Church, Bieldside, Aberdeen Notes to the Accounts for thè Y¢ar Ond 30 S•ptsmber 2024 IS Account• payabl• 2024 2023 ols cheque$ Staff costs Hall maintenance costs Heating and liqhting Cleaning Equipment purchgse Dunderdale Grant repaymgnt Stationery Accountanvs fe6 Overseas mission Other charitable donations 87.50 41.96 341.39 393.60 545.00 702.17 7.131.52 791.28 16.78 600 00 30.50 1CXI.88 600 00 99.48 2,OS7.17 £ 3,456.81 16 Trustee rwnun•ratlon and oxp&n¥es No Tru$lae ie¢eived remuneration or expenses 17 Related party transactions None 18 Pension commitments St Devenick's Church offers a WOrtpla M8$ter Trust defined conlribution pension scheme. adminSslered by the Nation81 Employment Sa¥ings Trusl, to other employees eamin9 more than the qualifying threshold. Contribulions are based on pensionable pay, and during 2023124 employer conlributons We 80A of gross pay. This met the Church's obligations under the Pensions Act 2008. Employees are invttod lo consider m8kin9 8ddit&on81 ¢onlribulions. During the yèar beginning 1 Ociober 2024, the Churd) as employer will ¢onlinue lo rnake contributions 018.10 of gross pay tor etnployees in the scheme. 19 Movement on Funds Bal•nee at 30 Septsmber 2023 Movement in rn$ourc¢J Incoming Outgoing Tran$fern betwn fund¥ Balance at 30 Sèptember 2024 Unrestrfct•d Fun General fund 78.251.87 92,413.72 1 78.190.2311 12,793,81) 79,681.55 Accumulat•d funds 78,251.87 £ 92.413.72 1£ 78,190.2311£ 12.793.81 1 £ 79.681.ss Desi nated Funds World Mission fund Social concem fund Quote tund Provision for Majof Repairs Provision for Projects 8,602.76 842 34 16,954.34 28.645.24 10,OW.(XJ 6,800.IY) I 750.001 4,820.85 924.14 1,399.02 6,txJo.00 6.423.41 1,016.48 18,353.36 33,711.64 10,000.00 933.601 Accumulated fundg 65,1)44.68 8,483.601 £ 12.943.81 £ 69.504.89 Page | 20
St Devenick's churc Bieldside, Aberdeen
Notss to th• A¢¢ounts for th• Year onded 30 Septembor 2024
19 Movement on Fund? confd
BlnGe tht
30 Septembgr
2023
Movement in rnsourG
Incomlng
Balanc¢ at
30 Sopt¢mber
2024
Oirtgolnu
Transfors
between funds
Restrlcted Fu
World Mission lund
Other Areas of Ministry fijnd
Social Con¢orn fijnd
Recovèry & Renewal fund
Anderson Trust (Diocese) fund
Capitsl building fund
Piojèctor fund
487.05
500.00
337.05)1
150.001
500.00
408.37
408.371
Ac¢um¥Jlatsd funds
1.395.42
1£
745.4211£
150.001 £
500.00
Explanatjon of funds
Unrestricted funds
The General fund preSentS ftjnds held for the general charitable work of the Sl Devenick's Church including the
mainlenance of its buildings and equipmentfor that purp08e, Ihe R8(orfs stipend and support ¢osl$, 8r>d thè DiocA$an
quota.
Dl9ad fund•
Design8led lund5 are set aside by the Vestry for specbfic purposes.
The designated Wortd Mission fund is intended to promotè the Church's tharitgble obje¢live of supporting ihe
adv8ncement of the Christian religion throughout the wodd
The Provlsion for Majoi Repairs fund represenls sums sei asltje by the Vestry agalnst posslble fure malor expendlture lo
repair. refvrbish or irnprove the fabric of Ihe premises occupied by the Church or for the purchase of rtems of equipment
necessary to maintain the ongoing minslry of the Churf or to meet its legal obligations.
The Provision for Projeds fund repSentS Part of a bequest received during the year and provides the opportunity lo
und¢rtak¢ a project, 8$ yel unspecified, for which there would be insLrfficient unrestricted fiJnds.
Restricted funds
Resiricted funds have been donated to Ihe Church for selfie puposèg and may Only be usèd by the Tmstees lor thosè
purposes.
The restri¢te