Charlty numb¢r; SC000749
ST. LUKES EPISCOPAL CHURCH: GLENROTHES
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

ST. LUKES EPISCOPAL CHURCH: GLENROTHES
CONTENTS
Page
Reference and admlnistrative details of thg Charity, its Trustees and advisers
Trustee5' report
Independènt examiner's rèport
statement ol financlal actlvltles
2-10
13
Balance sheet
14
Notes to th• finaneial stat&mènts
15-29
The fdlowing pages do not form part ol the statutory financial slalements..
Charity Detailed income and expenditure account and summaries

ST. LUKES EPISCOPAL CHURCH.. GLENROTHES
REFERENCE AhJD ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Trustees
Charity registered
numbor
SC000749
Prlnclpal office
Sl. Lukes Episcopal Church
Ninian Quadrant
Glenrothes
KY7 4HP
Child Protectlon and
Vulnerable Adult
R*pre5entative
Glt Ald Cowordinator
Paying Officer
ARernate Lay
Rgpr9sonlativ•
Page 1

ST. LUKES EPISCOPAL CHURCH: GLENROTHE8
TRUSTEES. REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
V•stry R•$pon$ibilltl•$: Governance, Accountlng and Charfty Matters
Sl. Luke's Scottish Episcopal Church is a charity in Scotland, entered on the Scottish Charity Registèr and
regulated by the Scottish Charity Regulator. OSCR. This ￿eanS that thè COng￿gation is subject to the lull
prowsions ol the Charities and Twstee Investment Iscotlandl Act 2005 the same way as any other charity.
The church uses the legal fomi or structure, unincorporated association, and ha5 a constitution la governing
do¢umentl.
Our Clergy and Vestry lead and manage the work, aclivrties. and projects of the church.
Vesty mernbers are the people who have'general control and management of the administration of the charity,,
and for the purposes of the 2005 Act, fulfil the role of -ch8rity trust88s"
All charity Iruslees h8ve legal duties and r8SPDnsibilitiès undar tha 21)05 Act. The Vestry musl all make sur8, a5
a team, that the church is run properfy, responsibly. and lawtully.
All veslry members are provided with a wy of The Scottish Episcopal Church guidance note rega￿Ing the
promsions of the Act,. and confirm their eligibility to act by Signing a declaration.
The not& and deGlar8tion arè available frDm the SEC website.
The Vestry is elected at the Annual Meeting of the Charge. This includes the election of the Lay Repr@seniatlVO
and the Alternate Lay Representative. Other Offi￿ bearers are normally appointed by thè Vestry and normally
include the Secretary, Treasurer. Paying Officer, Gift Aid CTrordinator, Propaty Conv8n8r and Proteciion of
Vulnerable Groups IPVGI Ci>ordinator.
Vesty is guSdgd principalty by..
The Code of Canons of the Scottish Episcopal Church, particulady Canons 35 & 60
The Digest of Resolutions of the General Synod
The Constitution of the Charge
Th8 Charitigs and Trustee Investment Iscoltandl Act
Due to the size Df Church's incom8 for the accounting period to September 2020, the church stBrted preparing
the financial statements on an accruals basis..
About the Charity
St Luke the Evangelist, Scoltish Episcopal Church, is known by the name St. Luke's. and 15 situated in the
Auchmuly area ol Glenrolhes, Fife, within the Diocese of Sl. Andrews, Dunkèld, and Dunblanè of th8 ScDttish
Episcopal Church, and part of the world-wide Anglican Comrnunion.
Our congregation compri58s a hopeful, deeply ¢ommtitèd And diversa group of about thirty, drawn frorn the
town of Glonrolhos. and further afield,. and our ChLtrch is a place of worship, fellowship, shared faith, mission
and (xjtreach, and growth.
St. Luke's charitable Purpose is the advancement of religion. We aspire to grow wam) relationships of mutual
resp8Ct and lo transform our community through laith shared in words and acbons.
St. Luk8's worships éach Sunday and Tuesday mornin9 and is open lo the publK for prayer and reflection
throughout the week. There a￿ also activities such as small group study and retreats helping people to
understand and pradise their beliefs.
Sl. Luke's welcornes everyone and is a'Registered Inclusive Chur¢h,' Inclusivè Church is a nets￿rk of
churches, groups and individuals uniting together aroLsnd a shared vislon.
Page 2

ST. LUKES EPISCOPAL CHURCH.. GLENROTHES
TRUSTEES. REPORT {CONTINUEDI
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Vestry Responslbllitles: Govornan¢o, A¢¢ounting and Charlty Matters {contlnu8d)
Th9 Incluslve Church Statement
'We believe in inclusive chur¢h- a church which celebrdles and affirms every person and does not
dlscdminatè.
We will continue to Challengo the church where il continues to discriminate against pgople on grounds of
disability, economic power, ethniGty. gender, gender identity, learning disability. menlal health. neurodivfjtSity. or
sexuality.
We believe in a Church which w8lcom8s and sèrves 811 people in th& name of Jesus Christ,. which Is scrlpluralty
failhful,. which seeks lo proclaim the Gospel afrèsh for each generation- and which. in the powar of th8 Holy
SpillL allows all people lo grasp how wide and long and high and deep is the love ol Jesus Christ..
Tha chur¢h also runs a people-led commLsnily project-'Luk8's Lardel- providing attractive and welcoming
facilities op8n to thè public for a¢tNttitts including communal èating and making use of shared interests and
skills. Our doors arg also open lo communbty groups and charib'es working Tmth people ancl wit￿In our
community.
We warmly invite you lo join us as we travel on a journey of 5piribjalily.
Achlevements and Perfomian¢e Over the Past Year
The Vestry met formally three times over the past year18x¢luding the AGM on Sunday 4 February 20241 and
few timos informolty vrfhen dgcisions werg required as a matter of urgency.
Vestry roubnely reviews and plans around the following areas..
Mission
S8feguarding I Child ProleGtion l Health and Safety
FelEowship
Discipleship I Worship
Stewardship Ithe Treasur8ff s report and accounts re￿r￿s, and of any investment valuations)
Facilitie5 (care, maintenance, and security of the Church's property)
Admini$trtttK)n. and r&3ponds to any matters arising includin9 any ConffiGI of Interest.
Central Flfe Centre of Mission
The Central Rfe Centre of Mlsslon (COMI Is a partnership with St Finnlan's, LC￿hge1Iy. the Diocese of St
Andr&ws, Dunkeld and Dunblane,. and Church Army ICAI who's vision is.
for everyone lo encounter GCKI'S lov6 and ba empowered lo transform their communities through faith in
word$ and actions."
The first Memorandum of Agreamanl {MoA) concluded April 2023 together with financial conlribLJtions from
Church Army. In May 2023, a 14-page drafl report was shared with the vestries of Sl. Luke's and St. Finnian's-
the purpose of the report to reV￿W the Com's irnpa¢l and 8ffecliv&ness in its first three years and prowde
recomm8ndations on ils future development. Whilst impact in terms of stmng the lo￿1 community was
described as 'quilg impressive;, rea¢hing people for Christ was descrrbed as 'proving to be 8 slow process..
In M8rch 2024,￿metwIth
and
irecior of Mlssion OperalSon$
al Church Army UK & Ireland lo dlsCUSS the development ol Ihe CONI in Centr81 Fife. Al this time, we leamed
that the IMOAI is undergoing revisions lo incorporate changes sl8mmlng from a newly signe¢J high-levd MOA
btheen The Scottish Episcopal Church ISECI and Church Army (CAI. Once consensus is reached be￿een
the diocese and Church Army on these issues, discussions will ensue with the vestries regarding the locally
tErtinent aspects of the MOA.
Page 3

ST. LUKES EPISCOPAL CHURCH.. GLENROT14ES
TRUSTEES, REPORT IGONTINUEDI
FOR THE YEAR ENDED 30 SEPTEMBER 2024
A¢hl¢vem•rtts and Performance Over the Past Yoar (continugdl
Without going into eKcessivè details, it can b8 said that over the pa51 year. and with no revised MOA in pEace nor
Pioneer Evangeli51 aprolnled, our'doing evangelism, remains centr8d on k>ving service wthin arKJ for our
mmunity.
- if necessary, usè Words..
remalns on the board of TIu51ees ofYMCA Glgnrolhes which meets live limes eaGh y@ar and is
merri,Jer ol th8 Fife Communities Climate AGbon Network IFCCANI and File Clim8le Hub. S¢hool links
continued to evolve wlh all our local schools.. Warout Primary (Fischy music team, RME SLJPPOrt and age-
appropriate assemblies), John Fargus School lopportunib.es for RME curri¢ulLJm and Chaplaincyl, Thomlon
Prirnary (Seasons for Growthl and Auchmuty High School Isèasons for Growth and Develokm'ng Chaplalncyl.
is a memb¢r of General Synod and si15 on the Fath and Order Board alongside the Inter-Faith
ions Committee. He has been collaborating with
of the Edinburgh Hebr&w congregation
on discussions regarding the Jewsh-chrislian glossary.
ils on the Di￿San Environmental Group and St. Luke's is a member of File Communities Cli￿ale
ion
etwork IFCCANI. We are collaborating with Local En@rgy Scotland and the Prowncial Environmental
Group, 88 we plan ourjourney towards Net Zaro, lo identify and navigate funding.
Faith & Fellowship
Worship is the publiG player of the Church," and our small congregatlOEi 9alhetS together each Sunday for Holy
Communion, and we continLJe our tradition of weekday worship on a Tuesday. Other service5 offered on a
Sunday indude Evensong- a service that Provides a restful, poacoful and contgmplalive titne (about 30 to 45
mlnute81 at the even point of the day, between the end of the working day and nighl-tirnÈ', and Modèrn Praise-
a service framed around tackling speciflc exclusion issuas and using contemporary hymns, musi¢ and song that
briThJ new expressions to Iiaditional faith.
God doesn't want us to be isolated from other believers. and wg 8m open to ￿nVerSatIOnS and questions Ihat
enmur8gè and SLJPPOrt us lo make oh8nges that ensurè Dur worship can be a timè of celebration, reflection and
togelhemess for everyone. Our community is not Ilmited by geography. Our investment in church audio visual
equipment allows us to gather and worship from various locations, from Fife to 8olton. We have also developed
a useful habit of using our LED displays to display live subliJes giving opportunilies for those with languaJe
differences ID shar8 in worship and fellowship.
The Christian Calendar is divided up by fesbvals and seasons; and we started with the conduslon of The
Season of CreatlDn with Thanksgiving for Harvest18 O¢toberl. This was followed by the feast of
Luke th$ Evangelist (22 October). Next, we joined our friends at Sl. Finnian's, Lochgelly for our first joint service
of the year129 October). After this gathoring w8 had fellowship with one another {1 John 1.'71'. we shargd a
nioal, sp8nt lim8 together 8nd offered support lo one another.
On Thursda
16 November we held a Holy Communion setviGe for the least of Margaret ol Scotland, 1093. This
wa5 led by
also the date of his Anniversary ol Ordination. We then returned to St. Finnian'8 for a
Holy Communion Service on Thursday 30 Novembor for the least of Andrew, Apostle, Patron ol Scotiand.
Our worship servic9s during the 2023 Advènt & Christmas season included Chdslmas Carols and Lessons.
Evensong. Longest night, ChTistingle, and Modem Praise.
On 25 Decemb8r, in partnership with St. Columba's Church In¢)w part ol Hèart of File Parish Church) and Fife
Intensive Rehabilitation substan￿ use Team IFIRSTI,. and with funding by File Coun￿1 (local planning budgatl
and rasources Ifoodl supplied by Kettle Produ¢e Ltd. Balmalcom and Morrisons. Glenrolhes Icommunlty
Champlonl we opened our doors on Christmas Day lor pgopla and families lo come and get a Christhias meal
In ￿0d Gotnpany.
Paoe 4

ST. LUKES EPISCOPAL CHURCH: GLENROTHES
TRUSTEES, REPORT ICONTINUEI))
FOR THE YEAR ENDED 30 SEPTEMBER 2024
A¢hiev*ments and Ptrfomance Over the Past Year l¢¢ntinuedl
A service for Church Unity Week was held on Sunday 21 January in St Luke's., and then on the fifth Sunday, as
is tradilton, we participated in a joint service wlh St. Finnian's. We 8hai8d a m8al at Sl. Luke's and the
experience8 we gnjoy- comfort, encouragement, lend8mess, and cornpa$sion.
Ash Wedn8sday114 F8bTuaryl marked the beginning of lent. During this season we a150 look part in World Day
of Prayer11 Mar¢hl 8t st Patrick's RC church. Lochgelly lam) & later in the day at Sl Luke's. The Wodd Day of
Prayer is an intematsonal, ecumeni¢al. prayer movement initiated and carried foiward by Christian women in
more than 180 CoUntr￿S and over one thousand languages. The needs of the worfd, and of the writing country
in particular, are brought before Mmighty GOD knowlng that will haar and anS￿r us, as wa pray in the
nam8 ol Jésus Christ, our LORD and S8viour.
There werg SgtVlG&5 and aGtivities thToughout Holy WeBk (24- 30 March) from an Ecumeniral service at
Mgrkin¢h Pari3h Church on Palm Sunday entitled 'Women of Holy Week124 Maychl. Ecumenical SlalM)ns of
the Cross (hosted at Sl. Luke's, 27 hAarchl, Glenrolhes Ecumenical Walk of Witness129 March) lo the vigil of
Easter and Easter moming services (including a service on Falkland Hill), concluding wth Evènsong end
Morlern Praise. We latèr celebrated Ascenslon Day with a Holy Communlon se￿Ce al Sl. Flnnlan's. Lochgelly
19 May).
Christian Aid week 2024 was scheduled for May 12-18- 7 days lo make a difference. Sl. Luke's host9d
Christian Aid quiz on May 17 which was very well supported by our local ecumenical community.
Sadl
'we1081 several loved lon
staT7dln
, and faithful Thernbe￿ of our communl
Ihls
ar
and
On Sunday 14 July, 14-year-old
came for b8Pti%m In St. Luke's. This was an incredibly exciting and
special Ilme in our church., and we pray:
'Heavenly Father, give
the strength and Gourage lo embra￿ this new Ghapter in her spiritual joumey. Hèlp
her to stand fimi in her faith and trust in Your plan for h$r lrfè. Am9n.
Havlng been granlad Permission to Officlats within the Diocesg of EUrOp8,￿waS appolnled lo Holy
Cross, Palermo, Sicily in September, in his ministry as a locum priesl. Holy Cross is a diverse. warm. and
generous congregation who bring light and love to those around them, making thi8 first experience as k)cum
priest one of happiness, renewal. and grace. Holy Cross is Mthout a permanent priest at this time, and we keep
them in our prayers.
For l Know the Plans l Havo for You
(Jerernlah 29.111
Our pwpla and communlty projact
Our project helps people conn8ct more with 8ach other in indusive community spaces. On October 6, we
hosted ourThursday Youth Group's (Glenrothes AssocAation Spectal Needs Youth Club) 40-year anniversary
concert featuring Aberdour Pipe Band and Glenrolhes Ro¢k Choir. This was a wonderful and unforgettable
moment in tlme, and we feel honoured to b8 a small part of thelr story. We al80 Cglebroted Iris's l¢ommunity
memb&r} 95th birthday with ¢ake and song117 Octobgr).
National Lottery fundlng for our 3-ye2r'Peace & Jam, communlty project ended on 30 November 2023 wllh an
underspend of £8.919.95. Just prior. wilh vestries full support, and having met ￿1th Coffle Storm FutKliry orfi¢6r
Central Scollend, we submilled a National Lollery Community Fund application lo continue lo run our
community hub and activities - wlh a newly litled'Luke's Larder, prLiect stsrt date of April 2, 2024. It was
agreed we could use the underspend to continue to pay staff wagesl salaries 8nd so there w88 no interruption
10 aclivibes.
Pag9 5

ST. LUKES EPISCOPAL CHURCH.. GLENROTHES
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Achiovomonts and Perlormanco Over tho Past Yoar Icontinuod)
Our Communities Mental Health & Wellbeing Fund, Year 2 grant award1£9,285) then ended on 14 December
2024. Thp Fund is managed in Fife by Frfe Voluntary AGlion IFVAI, with support from local stalulory partners.
The grant awarded was used to enhance our social eat￿g aclivtknes and the required reportlsl provided lo FVA.
Our actiwties remain rooted in giving p8opl8, groups, and charities access to our inclusive spacès, helping
paople participat8 in shared activities, collaborating with our community to ensure all voices are heard and
growing connections with projects and activity working at a small scale, grass rools, community level.
Throughout the year eight charits'es or projects regularly hired space lo deliver forms of activity, support, and
inlervenlion lo benefit whole communities andlor community groups, in tum making a positive difference to the
lives of indiwduals.
Wg dellvered and evolved our communlty focrty acllvllles supportlng wellbeing, locally known as 'Bile & a Blelh8rf
& Community mèal Iregulady sharing a rnaal with other51. Thésé activities attraGt a wde mix of people, from O
10 95 years, resulting in lasting land unexpectedl Iriendships and connect40ns, including Ted. cornrnunily singer.
"Do not forget to show hospitality to strangers. for by so doing some people have shown hospitality to
angels Ydithout knowlng It., (Hebrews 13'.21
Our Community Pantry and Fridga is a subsidised membershipbased rnitiative tackling Imd poverty and food
waste. In mid-April 2024, our 1-ysar National Lottgry Cost of Living grant anded. Al that time, in consultation
(survey) with members, we increased the membership to £3.5Q. This suppotls our work FareShare- who
redislribule surplus foK)d lo charrtie5- and other local stores. We also received pantry ilems from St. Marls,
Leslie (Parish of St. Mary Magdalenel, Morrisons & their customers (Pick up paGksl, Baynes'5 bakers. Marks &
Spencer, Indusion A-te8m, Kirk¢oldy, Ftfe College. and Tatb"es to Tables.
We rely on donations. And we are grateful to everyone who donates money and items to us and who take part
In our fundraising actiVTties. lrn the past year, we received several individual monetary donations from people.
supporter5, and groups in our community- Glenrothes Probus Club, Leslie & District Nursing Association and
Local Communty Planning Budget (Fife Council) awards. We also ie¢eived winter knits and clothing from
G16nrolhès Probus Club and hosted Fc)odshack File, a community group, supporbng thè people and families of
Fif8.
Ouf cornmunity Iwj on and held a number of events inclu(ling a Community Craft Fayre130 November), a Sl.
Andrews Day 5upper11 December), a Burns Supper & a Blether {24 January), an Easter raffle, a Bingo Tea and
foDd and drink quiz. A special mention must go to Aileen lour Pr()ject Coordinator IActivities and Volunteers)
who led on a fLJndr8ising idèa lik8 no other- a charity nHJht 8t Styx. Kith¢aldy featuring The Gossip Girls-
raising an oulslanding £1.905 for our cornmunily
Our cornmunity is open, ￿stIl8￿1, and Dulmard Iwking. VVhe•dcommunity mernberl electric wheelchair
failed, others supported him and pushed his manual chair back and forth. And then coincidences started to
happen. The first was 8 Facebook post by Ea51 Neuk-based charity. Ihe Craw's Nest Trusl, who r21se fund5 and
donate powered and manual wheelchairs lo people. Knowing the difference nobility makes to
life, we
nominated hirn lo the charity and were blessed to get him a chair. However, we had to work out a plan for
¢olle¢tion. And Ihal is when the next ¢oin¢iden¢e 0¢￿rred. On$ Thursday, we had a mountain ol leafy greens
left Over and not wanting them to go to wastg, reachad out to Guinea Grove (caras lor guinea pigs). These
greens were collected by Piers in a shiny new van. and after he heard our story, agreBd to collect Ihe chair
along with
On August 2. our community said thank you lo the Craw's Nest Trust and held a Bingo &
Blether fundraiser
raising £230 which was matched by the congregation ol Si. Luke'5. We wer
thrilled when
one of the main forces b8hind the appeal, visited our cornmunily project a
f8w weeks latgr, m&t
and rè¢eived our donation of £460. We were also part of the annu81 Macmillan
Cancer Support Coff88 Morning, hosting an 9v8nt and pawng in our Oonab'ons and bake sale ftjnds of £106.80
to halp tham conlinuè to support peoye affected by cancèr.
Page 6

ST. LUKES EPISCOPAL CHURCH: GLENROTHES
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Achlevements and Performance Over the Past Year (contlnuedl
Volunteerirjg opportunities are btra part of what wo do. For one such young m8n.
this evolved into
employment as a Team Member with our proje¢l. And we were thrilled when he was awarded a silver award in
the Health and Disabilf(y category al the File Business Diversity Awards {5 Dacemberl. Alongsida we have
thraé dadic8tèd ampIO￿è8 and thirteen enthusiastic voluntgers (with many others flexibly giving time and
support). A t8am mèèling provid&s a weekly spacè for our team to comè togethèr, Sha￿ and p18n.
Shared interests Gontinue lo thrive and make a positive difference. Our Games & Toast activity ￿1. Cards
& Crafts ￿ and 3Rs Craft bring people together to share stories, experiences, and skills. Our
adors have amazing chat. craft and making $kills, and arè 9n¢ouraglng, patlènt and anthusi8Sti¢. They glve
MO￿ than a few hours of their lime, running we8kly sessions helping others to keep active and social.
Finally, our'zero Waste, initrdlive 15 much toved and used by all who spend time in our spaces. From books to
jig88W3 and fashion to furnishings- buying and wasting less help lo reduce our carbon footprint., and all
donations go back into our projo¢1.
st. Luk8'5 Partnerlng
SL Luke's joumey with local individuals, community groups and charities, providing them with use of our church
building including our community kilchen-'The Coulhy, and social hub lflexible community spacel-'The
Gathering Hall, The S¢ull&rl (small ktichenl and 'The Haiver, Imeeling room).
Fife Intensive Rehabilitation Substance use Team (FIRST)
Provides a community-based rehabiliiation service to individu81s in Frfe with dwg or a1￿h01 issuès.
Rostoration Flf•
A so¢i81 activities community Organisation for people in recovery from dTug and alcohol us&.
Thursday Youth Gn>up
A social activities community group for indiwduals wfth additional support needs.
Support In Mlnd Scotland
Seeks to support and empower all those affected by mental Ulness.
3Rs Crafts
A craft & Social actrvilies communty group for individu315 experiencing loneliness & isolation.
Cards & Crafts
A oraft & social actiwiies community group.
Ktnship T¢am, Fif& Council
A safa space for Kinship Carars to dSscuss Issues aff&cting them with other carers in theSr Irxal aws.
John Fergus School
Parentlcarer Group
The Mindful PartneTyhip
A charity delivering training In Mindfulness and Solf-compassion based practices, which irtludos various
movement practices.
Scott5sh Recov•ry Consortlum
Supports, represents. and connects Tecovery acrgss Scotland.
Page 7

ST. LUKES EPISCOPAL CHURCH: GLENROTHES
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Achiovefflents and Performance Over tho Past Yèar (contlnuedl
Various other communty-based support groups use the hall andlor haiver from time lo lime andlor support our
project
Fife Council
Waroul Primary School
YMCA Glenrothes- the Y
Fife Communities Climate A¢Uon Network
Sl kndrew5 Environmental Network - Cosy Kingdom
Cllr Dèrak Noble
Auchmuty High School
Fil@ Centre for Equalities
Glenrolhes Men's Shed
Planning Aid Scouand IPAS)
Fife Health and Social Care parts)ership- The Well
John Fergus School
Foodshack File
Frfè Climate Hub
Local Energy Scotland
Glenrolhes Probus Club
The Fudge Man (Andy & Louise)
St Marls. Lèslia (Parish of st.mary Magdalene)
Lèslie & District Nursing Association
Morrisons- Community Champion
Baynes the Family Bakers
M&S
F8reShare
Tatties to Tables
Financial Review
Funding over 202&24 was in the forni of grants from The National Lottery Community Fund, SGotlish Episcopal
Church (Diocesel and the Local Community Planning Budget (Fi18 Councill togèther with funds raised though
room hire, donations and fvndraising events & actNilies.
Vestry also approved the sale of 614 units Ibook value of £3,466.97) from 48G016 St Luke- Clara Bond Fund
lo r8alise £18,000 for Sti￿nd. This was credit@d directly to the Central Fife Team Ministry bank acGount on 12
June 2024. An administration lee of £45.09 was levied.
Tha financial slalemenls show £51,53512023- £42,179} unreslricled funds, of whid) £18.65312023- £15,054)
are designated. Reslricled funds total Q78,2801202& £256,325) and andowments funds of £36,88312023-
£32.0061
Page 8

ST. LUKES EPISCOPAL CHURCH: GLENROTHES
TRUSTEES. REPORT {CONTINUEDI
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Resetves Pollcy
At the present time, th9 trustfes ¢onsider th* the balan¢9 ol unrostrictèd funds will ba sutFiciènt to continue tha
level ol actimbes for 2024-2025.
As the running costs of the Church increase, the trustees will develop 8 reserves policy and ensurg that a
sullicienl balance of reserves 15 maintained.
Plans for the future period
For the ￿ar 202&2025, we remain trusting in God's plan for us. We know that God chooses his people as his
instruments and perfomis his wonders where one would least expect them.
We thank God for all we receive.. the opportunities lo go make a difference, touch a hearL encourag8 a mlnd,
inspire a soul, and enjoy the day.
Every day is a new beginning. Take a deep b￿8th and stsrt again.
Amen.
Page 9

ST. LUKES EPISCOPAL CHURCH.. GLENROTHES
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Statement of Trustogs. rosponsibilitlos
The Trustees are ￿sponsible for preparing the Trustee5' report and the ffinancial slalemenls in accordance wrth
applicable law and Uniied Kingdotn AGGOUnting Standards (United Kingdom Geneffjlly Accepted A¢counting
Practi￿1.
Trustee5 are ￿quired to pr8pare financial statements for each fi'nancial year. Trustees rnust not approve the
financral slatsments unless they arg satisfied that they give a true and fair view of the state of affairs of the
charity and of its incoming reSoUr￿S and application of resources, including its inoL)me ar￿ expenditure. for (hal
perK?d. In preparing these financial slalements, the Trustees are required lo..
select suitable accounliro policTes and then applythem ¢onsistènlly,
observe th8 methths and prin¢iples of the Ch8ritigS SORP IFRS 1021..
make judgmenis and accounting ostimales Ihat are reasonable and prudenl.,
state whether applicablè UK Accounting Standards {FRS 1021 have béan followad, subjact to any material
departures disclosed and explained in the financial stalemenls;
prepare the financial slalemenls on the going concem basis unless it is inappropriate lo presume that the
COrnP8ny will ¢onlinue in business.
The Trust¢es are responsible lor keeping adequate acc£)unting ￿cOrdS that are sufficient to show and explain
the charity's Iransactions and disclose with reasonable accuracy al any lime the financial position of the charity
and gnable them to 8nsure that the financial stalgmenls comply with the Charilies and Trustee Investment
(Scollandl Acl 2Q05 and the Charities Accounts (Scollandl Regulation5 2006 las amended). They are also
responsible for safeguarding the assets of the company and hence for tsking reasonable steps for the
prsvelltiO￿ and detectyon of fraud and other irregularities.
Ind•pgndgnt Examination
steven Todd CA of EQ Accountants ￿mited was re-appointed as Independent Examkner during the year.
Approved by order of the members of the board ol Trus￿$ and signed on their behalf by..
Page 10

ST. LUKES EPISCOPAL CHURCH: GLENROTHES
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Independent Oxamlner's report to the Trustees of St. Lukes Eplscopal Chureh= Glenrothes
I report on the accounts of the charity for the year ended 30 September 2024 whl¢h are set out on
pages 13 to 29.
Respectlve rospon$lbllltles of Trustees and examlner
The charitls trustees are responsible for the preparation of the financial statements in 8ccordan¢e wth the
terms of the Charities and Trustee Investment (Scollandl Act 2005 Ilhe Acfl and the Charities Accounts
IS¢otlandl Regulation 2006 las amended) I'the A¢¢ounls Rggulalions'l. The trustees consider that the audit
requirement of regulation 1011 Ila) lo Icl of the Accounts Regulations does not apply.11 is my responsibility lo
examine the financial statements as requir8d under section 4411 Ilcl of the Act and to slat8 whèthèi particular
matters have Gomg to my attention.
Basls of indèpendent examiner's statemant
My examination was carrEd out in a￿Or￿anCe with regulation 11 01 the Accounts Regulations. An examSnalion
includas a review ol the accounting records kept by the charity and a comparison of the financial slalements
presented wth those records. 11 also includes ¢onsideralitsn of any unusual items or disclosuos in tho financial
slatem&nts, and seeking explanations from you as tmsteas ¢on¢eming any such mallers. The procedures
undertaken do rK)t provide all Ehe evidence that would be required in an audit, and consequenily I do not
express an aLKlil opinion on the view given by the accounts.
Page11

ST. LUKES EPISCOPAL CHURCH.. GLENROTHES
INDEPENDENT EXAMINER'S REPORT ICONTINLIEDI
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Ind8pondent examlner's $tatsment
In the course of my examination, no matt8r has come to my atten￿"￿:
which gives me reasonable cause lo believe that in any Material respect the requirements..
lo keep aGcounling records in accordance with section 44{1 Ila) ol the Act and regulation 4 of the
Accounts Regulations., and
lo prepare financial statemenis whith accord wilh the accounting records, Accounting and
Reporting by Charities preparir)g their a¢counts in accordance with the Financial R8POrting
Standard in the UK and Republi¢ of Ireland {FRS 1021 and In olher respacts comply with regulation
8 of the Accounts R8gulations
have not been mel., or
lo whith, ￿ my opinion, attention should be drawn in order to enable proper understsnding of the finanaal
51alervents to be reached.
This report is made solely to tha charity's Trustees, as 8 body, in sccordance with regulation 11 of thè Charities
Accounts IScotL4ndl Regulations 2006. My work ha5 be8n undertaken so that I might slate lo the ¢haiiVs
Tru51ees those matters l am req4Jired lo stale to them in an Independent 8xamineVs report and lor m other
purpose. To the fullest extent pemiitted by law. I do not accept or assume responsibility to anyone Other than
the oharity and Ihe charitys Truste¢s as a body, for rny work or for thi8 r9PO
Dated.. 18 June 2025
EQ Accountants Limited
Chartered AccouTrlants
Pentland House
Saltire Centre
Glenrothes
Fife
KY6 2AH
Page 12

ST, LUKES EPISCOPAL CHURCH: GLENROTHES
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Unrestrlcted
funds
2024
Restrlcted
funds
2024
Endowment
funds
2024
Total
funds
2024
Total
funds
2023
Note
Income and
endowments trom:
Donations and
legacies
Charltable acti￿lieS
Other trading activitie5
Investments
16.S61
16,432
2.394
1,124
51,422
67,983
16.432
2,394
8,576
77.789
12,634
f 25
7.4S2
8,466
Total income and
èndowménts
36,511
58.874
95.385
99.014
Expenditure on;
Charitsble activities
S2,711
46.34B
99,059
116,208
Total expendilure
52.711
46,348
99.osg
116,208
Net (expenditure)
lincome before net
gains on
investmènts
Net gains on
investments
116.2001
12,526
{3.674}
(17, 194)
34,985
4,877
39,862
13.758
Net {expenditurel
lincome
Transfers between
funds
116,2001
47.511
4.877
36,188
{3,436)
15
25,556
125,5561
Net movement In
fund5
9,356
21,955
4,877
36,188
(3,436)
Reconclllatlon of
funds:
Total funds brought
fO￿ard
42,179
256,325
32.006
330.510
333,946
Net movement in
funds
9.3S6
21.955
4,877
36,188
(3,436J
Total funds carried
forward
51,535
278,280
36.883
366.698
330,510
The Statement of financial activities includes all gains and losses rec￿niSed in the year.
The notes on pages 15 to 29 form part of these financial slalemenls.
Page 13

ST. LUKES EPISCOPAL CHURCH: GLENROTHES
BALANCE SHEET
AS AT 30 SEPTEMBER 2024
2024
2023
Not•
Fixed assets
Investments
12
286,279
266,477
288,279
266,417
Current assets
Debtors
Cash al bank and in hand
13
4,000
80.166
2,598
66,415
84,166
69,013
Credthr5'. afflounts falling due wlhin one
year
14
15.747)
(4,9201
Net Cur￿n1 a88•ts
78.419
64,093
Total assets less current liabllitles
366.698
330.510
Nèt assèts Èxcluding pènsion assèt
366.698
330,510
Total not asBet6
366,698
330,510
Charityfunds
Endowment fut￿$
Restricted funds
15
36,883
278,280
51.535
32,006
256,325
42,779
15
UnreslrTCted funds
15
Total funds
366,698
330,510
The financ￿￿1 statèments We￿ approved and aulhorised for issue by the Trustees and signed on their behalf by.
Dale.. 18 June 2025
The notes on pages 15 to 29 fom part of thase financial 8lalemenl8.
Page 14

ST. LUKES EPISCOPAL CHURCH.. GLENROTHES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YE4R ENDED 30 SEPTEMBER 2024
G8n•ral infomiation
The chartty is an unincorporated asswialion, govemed by their constitution. The charitys registered
office is Sl Luke's Episcopal Church, Ninian Quadrant, Glenrothes, KY7 4HP.
Aeeountlng pollcles
2,1 8851$ of preparatlon of tlnanclal statements
The financial stat6mènts have bagn prépared in a¢¢ordan¢e with the Chariti8s SORP IFRS 1021-
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 IFRS 1021 (effective l JanLtary 20191. the Financial Reporting Siandard
applic8ble in thè UK and Republic of Ireland IFRS 1021 and the Charities and Trustee Investment
(Scotlandl A¢1 2005 and the Charities AccoLsnts Iscotlandl Regulations 2006 (as 8mendedl.
St. Lukes Episcopal Church.. Glenrolhas mg9ts tha definition of a publi¢ benefit gntity under FRS
102. Assets and liabilities are initially recognised at historical cost or transaction value unless
Othe￿ISe staled in the relevant accounting policy.
2.2 Going concem
At the time of approving th8 financial ststgments. th& truslèes have a reasonable expectslion that
the charity has adequate resources to continue in operational existenc& for the for8s￿able future.
Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial
slatemenls.
2.3 In¢ome
l income is recognised once the Charity has entillemenl lo the incomg, il is probable that the
income will be r8ceived and the amount of income receivable can be measured reliably.
The recognitlon of in¢ome from legacies is dependent on establishing entillemenl, the probability ol
receipt and the ability lo èstimat& with suffi¢ient accuracy tho amount receivable. Evidence of
entitlement to a legacy exists when tho Charity has sufficient eviden￿ that a gift has bgen left lo
Ih6m Ilhrough knowtedge of Ihg existence of a valid will and thg death of the ben8laclorl and the
executor is satisfisd that thè property in question will not be ￿qUired to $8lisfy claim5 in the eslale.
Receipt of a ￿gacY musl be recognised when it is probable that il will bo roceived and the fair value
of the amount receivable, whith will generally be the expected cash amount lo be distributed lo the
Charity. can be reliably measured.
Grants are in¢luded in the Statement of financial activities on a ￿Ceivable basi5. The balance of
Income received for specific purposes bul not expended during the period is shown in the relevant
funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its
recognition Is deferred and included in creditors as deferred income. Where entitlement occurs
before income is received, tha income is ac¢rued.
Gifts In kind donated for distribution are in¢luded at valuation and re¢ognised as income when they
ar8 distributed to the projects. Gtfts donated for resale are included as income when they are sold.
Income tsx recOVera￿e in relation lo donations received under Gift Aid or daods of covenant is
recognised al the time of the donation.
Income lax recoverable in relation to investment income is recognised at the time the investment
income is receivable.
Page 15

ST. LUKES EPISCOPAL CHURCH: GLENROTHES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Accounting poll¢lg$ l¢ontlnuedl
2.4 Expenditure
Expenditure Is recognised once there is a legal or conslruGlive obligation lo transf9r economic
benefit to a third party, it is probable that a transfer of economsc benefits will bè réquiréd in
settlèment and the amount of the Obligation can be measured reliably. Expenditure is classified by
a¢tivily. The costs of each activity are made up of the total of dir8¢l cosis and shared costs,
including support costs involved in undertaking each activity. Dir￿1 costs attributable lo a single
activily are allocated diredly to that aGtivity. Shar6d costs which contribule to more than one activity
and support costs which ar& not attributable to a single activity are apportioned between those
activitie5 on a basis conslstent wtth the use ol resDurces. Central staff costs are allocated on the
basis of b'me spent, and depreciation charges allocated on the portion ol the asset's use.
Expenditure on charitable acliwties is incuired on directly undertaking the activities which further the
Charity's objectives, as well as any associated support costs.
All expenditure is inclusive of Irrecoverable VAT.
2.5 Govèrnmènt grants
Government grants relating lo tangible fixed assets are tieated as dèferrad income and released lo
the Statement ol financial activities ovèr thè expected useful lives ol the assets concerned. Other
grants are credited to thè Statement of financial activities as Ihe related expenditure is incurred.
2.6 Interest ro¢alvablo
Interest on funds held on deposf( is included when receivable and the amount can be measured
reliably by the Charity.. this is nortnally upon notification of the interest paid or payable by the
institution wilh whom the funds are d&posiled.
2.7 Investments
Fixed asset inveslmonts are a form ol financial instrument and are iniiially recognised at their
transaction cost and subsequanuy measured at fair value al the Balance sheet dale, unless the
value ¢annot be measured reliably in which case il is measured al ¢osl less impairment. Investment
gains and losses, whelher realised Dr unrealised, are cotnbined and presented as 'GainsllLossasl
on invèstments. in the Slalement of linancial aclivilies.
2.8 D8btor5
Trade and other dèbtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued al the amount prepaid nel of any trade discounts due.
2.9 Cash at bank and in hand
Cash al bank and in hand Includes cash and short-term highly liquid investments with a short
maturity of three months or less from the date ol acquisition or opening of the deposit or similar
account.
Page 16

ST. LUKES EPISCOPAL CHURCH: GLENROTHES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Accounting policies Icontinuedl
2.10 Llabilities and provlsl0ll8
Liabilities aro recognised when there is an obligation at the Balance sheet dale as a result of a past
event, il is probable that a trar¢sler of economic beneff( ￿￿11 be required in $8ttlemenl, and the
amount of the settlernent ¢8n be estimated reli8bly.
Liabilities are recognised al the arnount that the Charity anticipatès it wll pay to settle the debt or the
amount f( has received as advanced payments for the goods or servlces it must prowde.
Provisions are measurad at the best estimate of Ihe amounts required to settle the obligation. Where
the effoct of the tim& value of money is material, the provision is based on the present value of those
amounts, discounted at the pre-tax discount rate that reflects the Tisks specific lo th& liabillly. Th6
unwinding of the discount is recognised in the Ststement of financial actNilies as a finan¢9 cost.
2.11 Finanrial instrum8nt$
The Charity only has financial assets and financial liabilities of a kind that qualify as bas￿ finan¢ial
instruments. Basic financial inslmments are initially recognised at transaction value and
subsequently measured at their settlement valu& with the exception of bank loans which ar
subsequently measured at amortised cost using the effective interest methDd.
2.12 Penslon8
The Charity op9rates a delingd conlribubon pension s¢hgme and tha pansion charge represents the
amounts payable by th8 Charity trj the fund in respect of the year.
2.13 Fund accounting
General funds are unrestricted funds which are available for use at the discrebon of the Truslé8s in
furtheran￿ of the general objectives of the Charity and which have not been designated for other
purposes.
Designa19d funds compri59 unrestridtrd funds that hava baan sat aside by the TTUStees for
particular purposes. The aim and use of each designated fund is sel out in the notes lo th8 financlal
8tal8menl8.
Reslricled funds are funds which are lo be used in accordan￿ wilh specrfic restrictions imposed by
donors or which have been raised by the Charity lor parti¢ular purposas. The costs of rdising and
administering such funds are charged against the specifi¢ fund. The aim and USB of each restricted
fund is sel out in the notes to the financial stslements.
Investment income, gains and losses are albcated lo the approprfats fund.
Page 17

ST. LUKES EPISCOPAL CHURCH., GLENROTHES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Income from donatlons and legacies
Unrestricted Restricted
funds
funds
2024
2024
Total
funds
2024
Total
nds
2023
Grants
Community Fund- National Lottery
General Synod Offi
Fife Council
47.661
47,661
44.983
5, 125
1,000
Fife Voluntary Action - Communities Mental
Health and Wellbeing
Local Communily Planning Budget
Stipend Support
9.285
1,063
3,231
3,231
Subtotal detalled disclosuTe
50,892
50,892
61,456
Donations
15.856
705
500
30
16,356
735
15,781
552
Gift aid & GASDS payrnents
Subtotal
16.561
530
17,091
16.333
16,561
51,422
67,983
77,789
Total 2023
4,866
72,923
77,789
Income from charitabl8 acilvlties
Unrestricted
funds
2024
Total
funds
2024
Total
fvnds
2023
Rent received
16.432
16.432
12,634
Total 2023
12,634
12,634
Page 18

ST. LUKES EPISCOPAL CHURCH: GLENROTHES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Income from other trading activities
Incom¢ from fundralslng events
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Fundraising
2.394
2,394
125
Total 2023
125
125
Investment income
Unrostricted Restricted
funds
funds
2024
2024
Total
funds
2024
Total
fvnds
2023
Incorne from investment funds
Investrnenl income- interest
1,052
72
7.452
8.504
8, 186
280
1,124
7,452
8,576
8,466
Tot812023
1,338
7, 128
8,466
Analysis of expenditure on charitable actlvltlos
Summary by fund type
un￿$t￿Cted Rg$trScted
funds
funds
2024
2024
Total
2024
rolal
2023
Charitable acliwties
52,711
46,348
99.059
116,208
Totel 2023
37,889
78,319
176,208
Page 19

ST. LUKES EPISCOPAL CHURCH: GLENROTHES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDEO 30 SEPTEMBER 2024
Analysis of expendlture by activitFes
Activities
undertaken
dir&ctly
2024
Support
0Sts
2024
Total
funds
2024
Total
funds
2023
Charitable actSvlJes
95,176
3.883
99.059
7 16.208
Total 2023
112,6Q8
3,600
116,208
Analysls of dlrect costs
Total
funds
2024
Total
funds
2023
2024
Staff costy
Clergy related costs
Payments to Central Fife Team Ministy
Diocesan quoia
Heat and lighting
Maintenanc@ and r@pairs
Insurance
36.622
36,622
38,373
972
7,200
2,211
4,045
82
1.262
72.090
553
17.538
25.200
2,278
6.887
2,541
1,399
1,149
813
1,948
319
25,200
2.278
6,887
2,541
1,399
1.149
813
Refurbishment- Building costs
Worship costs
Rectory costs
Bank charges
Covllmunity benefit costs
Vastments
Donations.. Other
Water rates
Cafe ¢osts
Pantry costs
1,948
319
T60
1,379
280
220
220
1,146
9.250
5.404
1,146
9,250
5,404
12,326
13,537
95.176
9S.176
172,608
Total 2Q23
112,608
7 12,608
Page 20

ST. LUKES EPISCOPAL CHURCH: GLENROTHES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMYER 2024
Analysls of expendlture by activities (continued)
Analysls of support costs
Total
funds
2024
Tatal
lunds
2023
2024
Administrative costs
40
40
40
Gov8m8ncé costs
Sundry
3,843
3,843
3,465
95
3,883
3,883
3.600
Tot812023
3,600
3,600
Independent examlnèrfs remuneration
The in¢Jependent examinerfs remuneration amounts to an independent examinerfee 01 £3,79212023-
£3,465).
10. Staff costs
2024
2023
Wages and salaries
Contributron to defined contrlbution pgnslon schomes
36,527
95
38,279
36.622
38.373
Thg average number of persons employed by thg Charity during the year was as follows..
2024
No.
2023
No.
Employees
No employee received remuneraiion arnounting to more than £60,000 in eilhgr ygar.
Page 21

ST. LUKES EPISCOPAL CHURCH.. GLENROTHES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
11. Trustges. ramuneration 8nd expenses
During the yoar, no Trustees rsceived any remuneration or other benefts (2023- £NILI.
During the year etKled 30 September 2024, no Trustee expenses have been incurred (2023- £NIL).
During th8 year a total of £2,10012023- £1,360} was donated to the Church from tha Trustèes.
12. Fixod o$$et invo$tm&nts
Inv•stments
Cost or valuation
At 1 October 2023
Disposals
Revaluations
266,417
118,0001
39,862
At 30 September 2024
288,279
Net b(>ok value
At 30 September 2024
288,279
At 30 Seplember 2023
266.417
13. Debtors
2024
2023
Due w￿h6n one year
Oth8r debtors
4,1)00
2.598
4,000
2,598
14. Creditors- Amounts falling due within one year
2024
2023
Trade creditors
Other crediloTS
Accruals and deferred income
1,530
500
955
500
3,717
3.465
5,747
4,920
Page 22

ST. LUKES EPISCOPAL CHURCH: GLENROTHES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
15. Statement of funds
ststement of funds- current year
Balanco at 30
September
2024
Balanc• at 1
October 2023 Income
Transfers
inlout
Gain51
ILo$se$l
Expenditure
Unrestricted
funds
Designated
funds
Designated
Fund- Lukg's
Lardèr Hkjb
15.054
10,432
122,3991
12,083
15,170
Designated
Fund-
Stipend &
Ministry
expenses
121,9691
25.452
3,483
15,054
10,432
144.3681
37.535
18,6S3
Ganoral funds
Ggn¢ral Fund
27.125
26.079
(8.3431
111.9791
32.882
Total
Unrestrlctgd
fund
42.179
36,511
152,7111
25.556
51,535
Endowment
fiinds
Enijowmgnt
Fund
32.006
4877
36,883
Page 23

ST. LUKES EPISCOPAL CHURCH: GLENROTHES
NOTES TO THE FINANCIAL STATEMENTS
FOR THEYEAR ENDED 30 SEPTEMBER 2024
15. Stat•mènt of funds {¢ontlnuedl
Balance at 30
September
2024
Balance at 1
October 2023 Income
Transfe
inlout
Gains1
{Los5es)
Expendrture
Restrlcted
funds
5nve51ment
fund- Cl8r8
Bond
234,411
150
7,452
{25A521
34985
251.396
150
Mothers
Luke's Larder
Hub
N8(ure
Sessions
Sanctuary
Young People
Community AV
Equipmgnl
FVAJScoltish
Government..
Communities
Mental Health
and Wellbeing
Fund
Community
benefit
Manna
commltnity
food pantry
Stipend
LCPB IDec*l
15,247
47.691
138.0211
24.917
106
106
1,130
1.130
2,445
12,3351
11041
240
240
2,589
12.5891
13,2311
{1721
3.231
500
328
256,32S
S8,874
146,3481
{25.5561
34,985
278,280
Total of funds
330.510
95,385
199,059}
39,862
366.698
Page 24

ST, LUKES EPISCOPAL CHURCH: GLENROTHES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
15. Statement of funds {continued>
Dosignated Funds
Luke's Larder Capital (formally Community Capitall- rglales to wnonies assigned by the trustees to
ontribute to the refurbishment project and ¢ar park construction16ss 8xpènsas on the project.
Luke's Larder Hub {fornially Cornmunity Hubl- In 2021, the cafe project changed to a communty
kttchen and soGial hub. This fund ralates to moniès assignad by Ihè trusteas to cover the hub's running
exp@ns8S.
Restricted Funds
Community Capital - is a community-led project supporting w&lkbeing Ihrough food and shared activities,
and partnerships with other charities and organisations.
Investment fund - Clara Bond- relates to monies donated to be used for stipend.
Mothers, Union- relates to monie8 lo be used to purchase a yift.
Luke's Larder Hub {fomially Community Hub}- relates lo monies donated lo be used for Gafe $8laries
and running costs.
N8ture Nurture Sessions- relates ta monies don8t8d lo ba used for providing natu￿ sessions for
primary school pupils.
Coffee Bar- relate5 to monies donated lo be used lealcoffees after Sunday services.
S8nctU8ry Young People- relates to monies donated by young peoplo to be useij for a safe place
designed lor all 8ges.
com￿￿nitY AV Equipmenl (formally Peace'n. Jam AV Equipmentl- relates lo monies donated for the
improvemènt of the onsit8 technical capacity lor Professional Audio systems (Audio-visual Solution and
Liv&str8amingl as part of dolivoring effective communications into the community and for the next
g@n8ration.
Fife Voluntary Aclionlscottish Government.. Communities Mental Health and Wellbeing Fund - this
relal&s t() monies donate to support the growth ol the Bile & Blelher inilialive.
Community Benefit Fund= relates lo monies donated lo be used aid some churches and p&nsionerfs
groups in the area.
hAanna CommLJnty Food Pantry.- relates to monies donated lo be used for community pantry supplies.
Stipend: relates to monies to be used specifcalty fDr Stip8nd costs.
LCPBIDec+l'. relatès to monies trj be used lo help the community al Christmas.
Endowment Fund
Relates to monies invested that the charity can use for any purpose.
Transfer From Fund5
Trustees agreed that transfers from unrestricted funds to designated and restricted funds to pay for
surplus expenses.
Page 25

ST. LUKES EPISCOPAL CHURCH: GLENROTHES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
15. Statemont of funds {continu8d}
Statement of funds- prior ￿ar
Balancg al
l Oclober
2022
BalanGe 81
30 Seplember
2023
Transfers
in/out
Gainsl
(Losses)
Income
Expenditure
Unrestri¢ted
funds
Designated
funds
Designated
Fund -
Community
capital
Designated
Fund - Luke's
Larder HLJb
15,111
(17,215)
2,104
4.413
6,634
4,007
15,054
19,524
6,634
(f 7,275)
s.111
15,054
General funds
General Fulld
22,311
12.329
(20,674)
13.159
27.725
Total
Unr•strl¢tèd
funds
41,835
18.963
{37,889)
79,270
42,119
Endowment
funds
Endowment
Fund
30,353
1.653
32.006
Page 26

ST. LUKES EPISCOPAL CHURCH.. GLENROTHES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
15. Statement of funds Icontlnuedl
Restrlcted
funds
Community
Capital
Investment
fund- Clara
Bond
Mothers
1,845
(1,845)
238,733
150
7,128
(23,555)
12, 105
234,411
150
Luke's Larder
Hub
19.006
46,889
(56.778)
6.130
15,247
Nature
Se5sioris
Coffee Bar
106
450
106
(450)
Sanctuary
Young People
Community AV
Equipment
FVAIScottish
Government:
Communiti8s
Mental Health
and Wellbeing
Fund
Community
benelil
Manna
community
food pantry
Stipend
1, 130
1,130
1,063
(1,056J
338
9,285
(7,178)
1,000
(760)
9,561
5.725
(6.972)
(5,125J
2.589
261. 758
80,051
(78,379J
(19,270)
12,105
256,325
Total of funds
333,946
99,Ot4
(116,208)
13,758
330,510
Poge 27

ST. LUKES EPISCOPAL CHURCH: GLENROTHES
NOTES TO THE FINANCIAL STATEMENTS
FOR THEYEAR ENDED 30 SEPTEMBER 2024
16. Summary offvnfls
Summary of funds - curront year
Balance at 30
Sept&mber
2024
Balance at 1
October 2023 Income
Transfers
inlout
Gainsl
ILgssg$1
Expenditurg
D$signated
funds
15,054
27,125
10,432
26,079
{44,3681
{8,343}
37,535
{11,9791
18,653
32,882
General funds
Endowment
funds
Restn'ct8d
funds
32,006
4,877
36.883
256,325
58,874
{46.348)
{25,5561
34,985
278,280
330,510
95,385
{99.059}
39,862
366.698
Summary offunds- prior ygar
Balance al
I October
2022
Balance al
30 September
2023
Transf8
in/oul
Gains/
(Losses)
lrtcome
Exp8ndittJr8
Designated
funds
Gener81 funds
Endowment
funds
19.524
22.311
6,634
12,329
(IT.215)
(20.674)
6,111
13, 159
15,054
27,125
30,353
1,653
32,006
Restricted
funds
261,758
80,051
(78,319?
(19,270)
12, 105
256,325
333,946
99,014
(116,208J
13,T58
330,510
Page 28

ST. LUKES EPISCOPAL CHURCH: GLENROTHES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
17. Analysls of net ass91$ between funds
Analysi$ of net assets between funds - ¢urrent p•riod
Unrestricted Restricted Endowment
tunds
funds
funds
2024
2024
2024
Total
funds
2024
Fixed asset investments
Current assets
251,396
26.028
856
36.883
288,279
84.166
15.7471
58,138
16,603
Grtsdilors due within one year
Total
51,535
278.280
36,883
366,698
Analysis of net assets between funds - prlor period
Unrestricted Restricted Endowmenl
lunds
funds
funds
2023
2023
2023
Totsl
funds
2023
Fixgd asset investments
Curronl assèts
234,419
22,695
(781)
32.006
266,417
69,013
(4,920)
46.318
(4, 139)
Creditors due within one year
Total
42,179
256,325
32,006
330,510
18. Gifts in kind
During the year a to181 of £2.50512023- £9831 was donated to the Church as Gifts in kind.
Pa99 29

ST. LUKES EPISCOPAL CHURCH: GLENROTHES
INCOME ANO EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
2024
2024
2023
2023
Income
Donations
Grants
Charitable activities
Fundraising
Charity investmgnt income- lislgd investments
Charity invesltllenl income- cash investments
Gllt ald and GASDS
16,356
50.892
16.432
2,394
8,504
72
15, 781
61,456
12.634
125
8, 786
280
552
735
95,385
99,014
G8ins on investments
GainsllLoss&sl on investments
39,862
13.758
39.862
13,758
Gro$$ inromo in the reporting period
135,247
112,772
Lè$5'.
Direct costs
Payments to Central Frfe Team Ministry
Diocesan quots
Cler9y related costs
Refurbishment- BuildinglFurniture
Worship costs
Heat and lighting
Rates
Maintenance and repair
Insurance
Staff costs - salaries
Pension costs
Veslmenis
Community benefit CO515
Cafe costs
25.200
2.278
7,200
2,211
9T2
1,149
813
72.090
553
4,045
6,887
1.146
2,541
1.399
36.527
95
220
82
1,262
38.279
94
1,379
76Q
12,326
13,537
17,538
28
9.250
5.404
1.948
Pantry costs
Rectory costs
Donations- other
Bank charges
319
95,176
112,608
Pagè 30

ST. LUKES EPISCOPAL CHURCH: GLENROTHES
INCOME AND EXPENDITURE ACCOUNT {CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
2024
2024
2023
2023
Support cg5ts
Administrative costs
Sundry
Governance costs
95
3,465
3,843
3,883
3,600
Total expenditure
99,059
116,208
Net Én¢om¢llexpenditurg1 for the reportirEg peri<xl
36,188
13.4361
The notes on pages 15 to 29 form part ol these financial statements.
Page 31