The Chllrch of Scotland Armadale Parish Church of Scotland ACCRUED (SORP COMPLIANT) ACCOUNTS FOR YEAR EIYDED 31 DECEMBER 2024 Congregation No: 020135 Scottish Charity No: SC000791 Armadale Parish Church of Seotland Trustees, Annual Report Year ended 31 December 2024 The ti'ustees preseiit their annual repoit and financial statenients of the chai'ity for the yeai. ended 31 December 2024. Tlie financial statements have been pirpared in accordance with the aecounling policies set out in notel to the accounts and comply with ihe CJeneral Assembly Regulations for Congi'egational finance, the Chai'ities and Trustee Investment (Scoiland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and Accountingi and Reporting by Charities.. Statement of Recommended Pi'actice applicable to chai'ilies prepai'ing their accounts in accoi'dance with the Financial Repoiting Standard applicable in the UK and Republic of Ireland effective from l January 2019. Objectives and Activities The Church of Scotland is Trinitarian in doctrine, refornied in tradition and Presbyterian in polity. It exists to glorify God and to work for the advancemeiit of Christ's Kingydom IhrouLrhout the world. As a nalioiial Church. tt acknowledgies a distinctive call and duty to bring the ordinances of religyion to the people in every pai'ish of Scotland throiigh a territorial ministry. It co-operates with other Church¢s in various ecumenical bodies in Scotland and bcyond. Sei'vice of worship is nonnally conducled at I1.15am each Sunday morning and ai 6.30pin on the first Sunday of every month. Communion is celebrated three times a year, mornin8 and ¢v¢ning. Special services are conducted for Easter, Christmas. B¢r¢av¢mcnt and when requested by other groups Wlthin the Church. Achievements and Performance Am)adale Parish Church was begun in 1863 as a mission station by Bathgate Parish Church. It continues lo be a thriving, warmly welcoming congregation in the niidst of the town with an avcragc Sunday woi'ship attendance of ai'ound 60 faithtul people. During most months, an infoi'mal Communion service is held on the fll'st Sunday evening. We also hold special Remembraiice services for those in the Parish who have lost loved ones in the prior 12 months as well as a Blue Christmas service just before Christmas, and we observe times of worship in the local nursing home within our boundaries. We host a large and active Girls, Brigade tor all age groups, Boys, Brigade Anchoi's and Juniors, and a Girl Guides chapter in addition to very involved Guild and fell(Iwship Groups. This year included the addition of Zumbini and Messy Play classes for babies and toddlers as well as a monthly Coffee and Chat Group, which ha8 been exceptionally well-attended. We continue to host a Thi'ift Shop, which serves both fundraising and felluwship functions, In August, we hosted our first Holiday Club for tnany years with the help of oui. Sun)mei' Woi'ker. hired through the progJram of the Presbytery of Edinbui'gh and West Lothian. Children from all three of the local priinary schools wei'e registeiEd, wilh an aver¢igJe daily attendance of 25. One of the major additions to the iise of our buildingis was an agireement two years ago for tlie local Catholic Congregation. St. Barbara's (foi'merly known as St. Anthony's). to hold Mass and other events in our facilities. Their building has been condemned due to the use of Reinforced Autoclaved Aeraled Concrete (RAAC) in its construction. It has b¢¢n ¢all¢d by some a woiiderful act of ecumenical hospitality. Stewardship continues to be in the church's diary. as urged by the General Assembly. Oclober has b¢en d¢signated Stewardship month, as it was in 2024. We explored th¢ ¢l¢ments of Time, Talent, and Money through worsl)ip eacli week, with the elders leading one of the servic¢s and will be considering the new matci'ials on Nature of Generosity for the 2025 season. We continue to look toward makingi our halls fully accessible to those with physical limitalions and are very much looking forward to progi'essing witli this major Inove and makiiig our facility as welcoming as our people ￿'e, now that tlie Piesbyteiy of Edinburgh and West Lothian Missioii Plan is coming to fruition. Armadale Parish Chureh of Scotland Trustees, Annual Report Year ended 31 Decen)ber 2024 Financial Review The main souire of the church in¢orne continues to be weekly offerings. otal incomin resources have increased by £6,563 (7% ) from £93.410 in 2023 to £99,973 in 2024. The Combined regular offerings and gift aid reclaim for 2024 of £56.162 reflected a reduction of £398 (10/0) from 2023 level of £56.560. Incom¢ included grants totalling £1500 towards summer woi'kerlsummer holiday club. Gift aid reclaim remained at approximately IOO/o of total annual income. The ¢hur¢h iiow has an a￿angernent with Blackridgye Parish Church to share the costs of the minister. The total nitnister costs and expenses incurred for the year were £4,397, of which £1,466 was reimbursed in 2024 by Blackridge Parish Church. Resource ex ed have increased by £24,607 (390/0) from £62,663 in 2023 to £87.270 in 2024. 2023 expenditur¢ was unusually low however, due to ove￿ayMentS from 2022 in utility costs. 2024 expendithre also included summer internlsummer holiday club cxpenses which were significantly offset by aforementioncd grant incomc. In 2024, £43,917 of ¢xpenditure was in r¢sp¢ct of Giving ￿ Grow conli'ibutions. W¢ spcnt £9002 in 2024 on fabric improvements and maintenance. This was £6,249 mol'e than the £2.753 paid in 2023 and £4,240 more than in 2022. In 2024, £3,240 was spent on relaying th¢ slabbing at the front entrance and £1,000 on essential entrance hall maintenance. Income allocated to the church accessibility building, project fund reduced by £749 (60/0) from £11,471 in 2023 to £10.721 in 2024. This lias been furihei. augmented by transferb from other funds totalling £4,185. Total funds allocated to the building project have increased to £134,907 in 2024 from £120,000 in 2023. In summa in 2024. le Parish Church funds have increased b £12 704. from £168,159 in 2023 to £180,863 Risk Management Principal risks faced by the church continue to be the risk of reduced attendance and associated contribution levels as well as the risk of bein&v unable to get suitable volunteers to provide cover lor key roles required to run the church. In 2025 we will conlinue to focus on our future strategy for maintaining chui'¢h membership levels and ensuring financial stability. Reserves Policy The charity truste¢s have considered the reserves required and have taken into account their current and future liabilittes. li is thc Trustces, normal policy to hold r¢s¢rves of approximately ihree months exp¢ndiÉure including designated funds. At Ihc y¢ar end the Church held unresti'ictcd FL￿dS of £45,956 of which £18,332 had been designated for various church organisations. The rcmainTng balance of £27,624 represents approximat¢ly Ihi'ee and a half months expenditure at 2024 levels. The church also held £134,907 of restricted funds which have been provided for the purposes specified in Note 12. Armadale Parish Church of Scotl2nd Truslees, Annual Report Year ended 31 December 2024 Structure, Governance and Management The congrcgation is a registcrcd charity, nurnber SC000791 and is adrninistered in accordancc with tlic terms of Mudcl D¢¢d ufconbtituliDn (ind is subject to th¢ Acts and Regulations of the General Assembly of the Church of Scotland. Members of the Kirk Session and the Congregational Boai'd are the charity tr￿ste¢S. The Kirk Session rnernbers are the elders of the church and are chosen from those members of the church who are considered to have the appropriate Eifi% and skills. The minister. who is a member of the Kirk Session, is elected by the congyi'egyalion and inducted by Presbytery. The CongresFalional Board iy appointcd frorn within the congrcg¥alion and mcmbcrs of tho congrcgation arc tnvitcd t() nominatc individuals wl)o ate belicvcd to liavc thc skills aiid commitmciil to coiitiibute tu tlie iiiJJ])o.oo 261.26 £ 62,10122 30LI.00 Tol&l 0Xp)Ni￿ £ 87.269.56 £ 87.289.56 £ 82,663.47 £ 62,66i.47 £ 1,982.48 £ 10.721.39 £ 12.74)3,85 £ t9,2YS.t12 £ 11,4YQ.78 £ 30,746.4 I￿051￿￿¢￿￿ £ 1,982.46 £ 10.721.39 £ 12,T03.85 £ 19.%15.82 E 14,47Q.7e £ 30 746.40 Tr8n8f#s *•t￿nF￿ 4186.30 4.186.30 4 19 473.23 E fg.473.23 2.202ts4 £ 14.906.69 £ 12.703.86 197.61 £ 30.944.01 £ 30.740.40 P•¢o#¢lESatitm ofknnth: To*1 *arth brwhtfwwdrd 1stJ•mwry 2024 £ 4B,159.22 £ 45.956 38 £ 120.000.00 £ 134.9015.89 £1¥8,159.22 E18Q.$63.07 £ 48,U6.83 £ 48,159.22 £ 89.055.99 £ 120.000.00 £137A12.82 ti82,159.22 Balance Sheet As at 31 December 2024 Tclal Funds 2024 Total Fund$ 2023 Cuvront A6$•ts Deblors Bank £ 182,438.78 50.T8 £ 169.419.30 593.63 Ca8h 14 Total GurrèntA$$ots £ 182.489.56 £ 1 TO,D12.YJ Liabilities Creditors [al￿ng due v￿thin year Total Curr4nt Liabiliti85 1.826.49 1.626.49 1.853.71 1.853.71 MotAs$•ts £ 180.863.07 £ 166.15922 The funds of the charrtv: Unvgstr1¢1gd Fund5 Ggngral lund6 12 £ 27,623.84 £ 18,332.54 £ 45,956.88 £ 134.906.69 £ 33,100.87 £ 15,058.35 £ 48,159.22 £ 120.000.00 Designated lunds Restrlcted 12 Totsl ¢harlty tunds £ 180.863.07 £ 168,159.22 £ 180,863.07 £168,15922 The accounts Mere 8pproved by Ihe Kith Sessioi and Ctsngregalional Board on 2610312025 Forand on behalf of th8 Ki SessK)n and Con al￿nal Board S088ion Cbrf( Churth Tre8¥urer Armadale Parish Church of Scotland Year ended 31 December 2024 Accounting Policie5 The principal accounting policies. which have been applied consistently in the cu￿ent and preceding year in dealing with items which are considered material to the accounts, are set out below. Basis of preparation Tli¢ fin(Inci(Il statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts. in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS102) effective from I January 2019 and ihe Finanuial Reportingy Standard applicable in the UK and Republic of Ireland (FRS102), the Charities and Trustee Investinent (Scotland) Act 2005 and the Chai'ilies accouiits (SLOtland) Regulations 2006 (as amended). Fund Aeeounting Funds ar¢ elassified as either restricted funds or unrestricted fi]nds. defined as follows. Restiicted funds are funds subject to specific requirements as to their use which may be declared by the donor or with their authority or created through legal processes. bul still within the wider objects of the charity. Endowment funds arc funds which have been given on the condition that the original capital sum is not reduced, but the incom¢ th¢re from is used for the purpose defined in accordance with the objects of the charity. Unrcslricted funds are expendable at the discretion of the trustees in fuitherance of the objects of the Charity. Ir parts of the unre5trÈcted funds are eamiarked at the discretion of the trustees for a particulai. purpose. they are designated as a sepai'ate fund. This designation has an administrative purpose only and does not legally restrict the trustees, discretion to apply the fund. Ineoming r¢8ourccs Income is recognised when the charity has entitlement to the funds. any perforniance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measui'ed reliably. Donated services and faeilitie$ Donated professional services and donated facilities are reeognised as income when the charity has control over the item, any conditions associated witli the donated item Iiave been met, the receipt of economic benefit fi'om the use by the Lharity of the item 15 probable and that economic benefit Lan be measured reliably. In accordance with the Charities SORP {FRS102) the general volunteer time of congregation members is not recog?nised. On receipt. donated professional services and donated facilities are recogynised on the basis of the value of the gift to tlie charity which is the amount the charity would have been willingp to pay to obtain services or facilities of equivalent economic benefit on the open market. a corr¢spondingF aTnounÈ is then recognised as ¢xpenditure in the period of receipt. Interest receivable Interest on funds held on deposit is in¢lud¢d when receivable and the amount can be measured reliably by the charity. this is nonnally upon notification of the interest paid or payable by the bank. io Armadale Parish Church of Scotland Year ended 31 December 2024 Accounting Policies (Continued) Fixed Assets The charÈty has the right to occupy and use for its charitable objects certain tangible fixed a55ets, including the Chui'ch, halls and manse, ve8ted in the chU￿h of Scotland General Trustees. No consideration is payable for the use of these a55ets. Expenditure inLuri'ed on the repaii. and maintenance of thebe (IS5ets' is chai'ged (IS resources expended in the Stateinent of financial Activities in the pei'iod in which the liability arises. All tangible fixed assets costing in excess of £3.000 having a value to the charity greater than one year, other than those acquired for.8pecifi¢ purpoges, are capitalised. Inve$tm¢nÉs Ftxed asset investments are stated at market value at the balance sh¢¢t date. Unrealised gains and loss¢s represent thc diffcrencc between the market value at the b¢ginning and end of the fiiiaiicial year oi-, if purchased in th¢ year. th¢ difference between cost and market value at th¢ end of the year. Realised gains and losses represent the diffei'en¢e between the proceeds on disposal and the market value at the start of the year or cost if purchased in the year. Taxalio Annadale Parish Church Of Scotland is i'ecognised as a charity for the purposes of applicable taxation legislation and is therefore not subject to laxation on its charitable activities. 'fhe charity is not registered for V AT and resources expended therefoi'e include irrecoverable input VAT. li 2V28 45A4*Y¥ 11.tyj a88.t#3 £ 45.44J.T# g 4,t85&t e K2152X 266.fjQ 888&0 I.QC9.OQ 20.70 1.¢Jlg.QO raXT*r￿[•d ov. ¢¥IA*J 11.658.16 1,3%8K2 t 318.¢Z £ 1277.0 e ?.,91SJQ Z 2,7nAIO gTT.tS £ 2￿10.￿0 1.144.7 1.144.lQ yr. IQ 12n.OD 8.737.Yg 1777.frti 977.lg 308AO 2.4tr.00 2,467.lJD 668.30 060.3D 8T&QO .00 £ i.6￿.¢0 £ YO.960.79 P 64,0M. 1.7FQOO £ i.Yeo&o 1tr.ljo 7.735 723.lyj 2.IAS0.UO S.0￿ 7.7aioo Groyp 7S5JIO £ iocL¢c* £ $,144£0 7x¥￿ts 2.000 0 5,149AI g,OX80 7.733.¢ ft*ftom¢r*fft&bkn•￿¥￿stl•,2￿ B023 £10.1011of*ttk*s&e65*w £tO,*814r￿#rt￿ lh9 ytsta its¥ of£',4672w*$oThr¥tsd ¥ythp 2024 2Q23 Is Ilot*s Mrtof lJ.J•YTr•Jtal#l¥l4t•mwts 292¥ ¥lest￿lI￿ 4JBJ1 #Èo £YO.75 S•￿ry TDJSt IV2A$956 134JOB.9g ts9￿￿￿￿1 34,954 17OJJ$2JJ3 82.100*Y Note$ formiry4 Partof the financial 5talemorts for th8 year ended 31 De¢embEr 2024 12 klovemEnts In Funds 1 Jan￿ry 2024 Ihcaming Re50urr¢3 31 Dec Trarffjfer& 2Q24 Restrf¢tedftmts 10 yearplan fund BuqdiTrg Fund-GRnts 120.000.OD 10.721.39 4,185.30 134.906.69 120,000.00 10.721.39 4.185.30 134.906.89 iknresIrfc￿d fund* Designate￿ Fatst FUDO Design3led Sunday Sthool Fund $1gn¥tsd su1￿ Fund Slgna*d F￿andShiP Group FuTrd Reserye Fund 9,000.00 37.61 1,228.71 4.792.03 22,317.69 50.00 10.733.18 81.90 9.001.75 11.202.45 37.51 soo.00 200.00 11,252.eo 1.22a.97 5.936.52 401.86 S.149.80 71.812.67 4.675 30 89.252 02 863.00 4,S38.29 1.089.68 5.990.26 22.71>.55 50.00 4.854.29 Thfft Fund 37.00 72.339.52 490.00 5,112.80 S.3S2.04 4.185.30 4.185.30 GengRI Fund Bequest Fund 48.159.22 87.269.56 4S.956.36 TWI fund$ 168.159.22 99.973.41 87.269.56 180.863.07 At 1 January 2023 In¢oming PAsources Ouwng Rèsou￿￿¥ At31 De¢ 2023 TTrnsfvr¥ Resth¢*d fvr￿ 10 y¢arp(qn fvrnd 89.055.99 89.055.99 11.470.78 11.470.78 19.473.23 19.473.23 120.000.00 120.000.00 UwestrScted frjnds rh5￿nated Fabr¢ Fund f*sEnateO Sunoay SthDoI Fund sgnatsd GUI￿ Fund Lknssnèted FrfftTrdshii G￿￿P Fund Gene￿1 Reserve Fund Thnft Fund Gènètsi F￿Thd 7,500.00 91.03 1.391.37 S,366.6r 22,044.22 so.00 71.913.54 36.29 2.753.28 74.12 564.05 5.269.18 4.216.99 9.000.00 37.61 20.70 1.151.39 4.894.54 2T3.47 5,034.90 66,557.30 3.970.50 81.939.09 750.00 200.00 1.228.71 4.792.03 22,317.$9 50.00 10,733.18 5.034.90 15,044.82 2,860.5D 19.473.23 52.892.84 1.310.00 62.663.47 B•4u•St Fund 48.351.83 48.1S9.22 Tolal 137.412.82 93.409.87 $2.663.47 189.159.22 17 Notes lormirvJ partof the financLql statements for the year ended 31 December 2024 Pu R•strfct•d IOyrP&n Fund.. Thls fund & sel up lorth• on9ohig strat4gicY•fu(otshr(*nt p￿r&s Parf&h ChuKth. FabA¢ Fun¢.. The Tru*$A havè S$18*d* fvnJ$ fotthe ￿M)tenanc• oflhe PW*rty. Sunday School Fund.. The TNstfres ha￿ sèi as￿* lunds for usè by thè Sunday School. Guld Fund.. The Twstees have seta51de fundsforuse by the WowAn's Gvld. F￿ndSh￿ GD)up Fund.. The TnJstees have sel a?￿Je funds foruse by the ￿￿￿e￿Ofthe Frttndship gp)up. 13 ¢dl&ctionS forThlrd Parle* 2024 2023 e* LothAn Fr￿dbank Armadak Hul 459.31 326.00 528.66 Supèrsunday Cofs HIV support ChrfstrfAS Stars 2023 CO1￿CtIon- PaMns0Tr5 WL 5￿Pport gfoup Bbckndge & ATtna¢alè Foodbgnk B0th3ny ChthaTh T￿$t ch￿s114n TutrfeylSyrfA Eanhquake appeal 496.45 400.00 120.00 303.85 327.08 572.S2 1.070.00 2.849.41 1.754.26 14 Cash aTrJ Bank positio 31.12.Z024 31.122023 B8￿n￿ as perFBS stalernent R8S Cheques outstanding stll to be L35hed Chur¢h ofswibhd Invo*oW Icosw E*po$kn Fund Guikj bank baLAnr* Guikl (*eoues ouistanding SIA to be ca$￿4 FrendSh￿ g￿￿P babn¢ Guikl cash n hand cash fft hand Sundaysthool cash In hand Deblo Credit¢lS 38.308.54 2.762.58 139,863.6e 1,039.68 155.815.86 582.50 8,701.22 67S.71 5,989.48 50.00 0.78 4.789.01 553.00 3.02 $7.61 1 626.49 180.863.07 1 853.71 168 159.22 18 Not￿l￿MI￿ p3rtrfth*fosanolal %tatoffl•nts forthÈ yea¥ •TTded 31 D•£*mbÈr21124 f¢gA19JQ 593.q3 50.78 r*blot5 26A¥ IB I. dwrrnl ofthelDUo* F6b￿ bEquest fth Ti*YI ¥hpp fllnd GBn*alfund 2. ChuthofSt¢ttsftd Itp4•th* Th4t(¢QSIy)￿ppll Fundho￿J1 *n•knrtofth• 20 3023 2.oori.oo ¥W.27 2,0¢0￿0 5,7Of22 •nw81 S. S•￿(•te bpnk•Lrounfs by Ihe Fr*nthl) Jrtsup 19 Ilotss fomingpart oflhfmr*l81 $tsteffjertta ftyth•y4Mr•ndtyd31 ng¢*mlJw 2024 APPENDIX FUNDS HELD ON BEHALF OF THE CONGREGAT10N BY TFE CHISRCH OF SCOTLAND GENERAL TRUSTEES 2013 Ba4rK• 4$*t31 D￿Mb￿r