2024-12-31-accounts

Lossiemouth Church of Scotland RECEIPTS AND PAYMET¥TS ACCOUNTS 2024 Congregation No: 311919 C.'harits' no.. 6iC"000880

Reference and AdminisTrtrative Information ('h4irilN' N£iine-. 1.0ssiem()uih ChurLh of SLiiildnd Q"harii%' R¢gisiraiion Number- s(.'Iiooxxo ('()n&yrL'¥ali()n Rel¢rLnLe No.. 311919 ( Iiniclcl Addrcss.. Tru.$tees Ikirk. S¢$4ifin

Hunker4 tl.liik i)l- SL()Ilan4J 11 I lig,h SirLL'I 11,311 1 tiJ

Trustees, Annual Report Structure, GoTr'ernance and Management Goi'erning l)ocument ThL L hurch is adminisiered in accordance w'ith ihe iernis of the Dced of Constilulion. Recruitment and Appointment of Tru5ttes Mc'mbers of the Kirk Session are th¢ Lharity. trustees. l-he Kirk Session member5 are the elders the Lliurch and arL Lh()%en t-rom tho%e memb<rs ol. IhL ehurLh w'ho are considcred iii hai'e i appr()priatc giifts and skills. l-he mini%ter. who is a member of thL Kirk Session. is elected by I congyrcgation and induLted bK' PreshNleTh'. Until 31 Decernber 202.3. the conbFrebJ2tion also had Coi)g)rL&Jalic)iial Board. w'ho%e members ￿ere also Lhariti. tru.4lees. On unifiLalion, the Lnilary. con5lilulion i¥'as adi)pled. and as a result the CongreL?alional Board fell into abeyanee. dnd Ihp menibcrs ol- Ihe board dt tlial linie no longcr remained as IrusteL'S. Organisalional Struclure 'rhe Kirk %ession which meets six limes a year is re.sp)nsible for spiritual affaiT5 ￿'11h]n th churLh. Meeiings conrinued regularlv in 2024. From l January. 2024 with the union ol. 51 Jame ('hurLh and St CJerardine'.s I lig?Ii ChurLh in Li)%siemouih. Ihc lJnitary Constitution WILS <idopled which meaiit that the ( i)ngJrLgaiional Iloard lel l into ahel'anci and the unified Lhurch ii'ill be ru b). Ihe Kirk 8Lssion and dLSlgTnated Lommittees. ThL dcsignaied iominiltee% sct up in Ihi united churLh cover¢.d 5 areas- W'orship. Nurture. Outreach. Finance and PropLrt)' and la%il Communication and SoLial. ObjectiTr'es and Aetivities The Church ()f Sci)IlJnd 1% "I rinitaridll in d(i¢trine. RLfornied in traditic)n and Presbi1erian in poliii.. It exisls lo &Jl{Iri ly (Jod lo Mork l(Trr the adi,￿1¢ement of C'hrist s Kiiigd()m throughiiLtI the world. As a ndli()nal ('hurLh. il acknO￿.]edge5 £1 disiinLtIl'L' Lall and duii. lo hrini) thL ordindnces ol. rLligion to the people in e￿.cry parish of SLoiland ihrough a terriic)rial mini%lr¥'. li c()- operates w'ith other ('hurLhes in N'arious ecumenical bodies in Scotland and bevond. Los%iL'niouih Q"hurch of %coiland ollLfs <1 %inglL diLI of Sund2N' i¥'nrship at 10.)0￿. During the 10..)Oam seri ILL. the LhildrL'n ()I' IhL churLh atlLnd the w'eekli, Sunda). SLhool. Th¥ CJuild mL'L'ls on aliLrn(Ile Monda￿'S fr()m Seplcinber thrciugh lo MarLh. 'fhe ChurLh ha5 a l)raisL Group w.ho lead Praise Concerts usuallN' IH"i¢e in the N'car. MLmber% of ihe Lhurch also run a Bow'ls griiup in ihL C'hurch I lall F'rida!. afiernc)ons. wclvoming boih menibers ol. Ihc church and vi8ilDrs. l)urin& 21)21 aiid ?()?? a nei4. 1) resbNtLr¥ plan i¥as dLI'clc)pL.d ￿'11h Ihe ouicome in Lossiemouih being that the I￿.0 ongJrL'gJation% ot. Si Jame.%' and %t GL'rardine's I ligh unilL'd using the building5 1)f .%i JaniL'.%'. This part lil. tlie pl<th can)L into fruiii()n (In l January 20?4, and ih¢ unilLd church 1% kn()th'n as l.ossicmouth (.'hur¢h ot Scotland.

Trustees, Annual Report {cnnt} 'ear ended .11 December 2024 ALhievement5 and Perf()rmance "I"lii* Il)L lir51 ILar ol" tli¥ uniied L'hurch. and ihe INI'O old congregations hai'¢ unilcd iogel cr 'iih gJreal purpose and dL'%irt lo make the union a success. l-he nunibL"r% aitcndingp ￿'Cell1. ser¥.k. in ihL' Iil(I Si JL SirLL'I LalLiildl¢ il% rLquirem¢lli% Iba%iLalli- bd.%Ld (In inLiime 2 )'L' hai'L con%idLrabli' over L'SlimJlLd. l)Iiring Ihc vear Wu hai'e al. rL.lurhish¢'d all chc l()ilLl% ￿"ithin IhL huilding i()%tingF ()i'¢r £ I 1.11011. II'L al%) n¢Ld¢d li) pai I IoLal IradL'.%m¢n for ￿'ork ihL')' had carri¢d out Ic)r Si LiLrardinL % Iligh C"hurLh bL'f()rL ils Ll()%iir4. ()n Llc)surL. St Cierardinc's Ilig,h had no m(IneN' IL'fi w'iih ￿'hILh li) pui, IhLm. In i()lal. Ih ui)rL%lriLILd lunds ShO￿¢d a dcliiii 01- £7.60? in 20?4 (202.3 sury)lu% of £3.437) ￿'hI[sI ih rL'%lriLicd lund% had J ?n?4 %urplu% i)r £'671?023 £170). In loldl Ihc churlh Sht)￿.Ld a ?Q?4 dLI i i)r £7.-33 5 1?11?3 %urplus £.1.%07). Il'iih rcquir¢'menls fr()m l ? l ( iL'()rgTL' %irL'ei increasing lor ?01 hi. a further £ll.1100. Ihc lincinLial p()%ilion is i"L'r)' lik'¢l)' to ￿'Or.￿￿n in 075. li has bL"en Ihc Tru.%lees policy lo hold reserves of approximaiel). fi)ur months eipcndilur including dc'signaied lunds. -lThese MerL' m05111' held in IhL J..1 Scoll l.und. u.hich thiiub,Ii n() rc%lriLted. hdd a tw'olold PUryKJ.se. Firstl¥" some of ihesL' funds mai" k transferred io thc (icnera Fund i%'hL'n rL'quirL"d in ihe earlTr' Pdrl of the s'car when ihe larger tK)rtion of IhL. ('hureh'l eNpLnditurL" is niJdi. dnd %L'Londli'. IhL inlLrLst trom this aLLC)unl Ldn be Iran.slerrL'd (o thL' C'hiirLh's labriL fund li)r repair. mainlLnance and dei'Llnprnenl 17f thc L"hurch priTrpirties. Ai IhL )'ear Lnd thL ('hurLh held unre5triclLd cash funds of £4().15? Ol. this am()unl £ I Ci.C)86 is hcld in Ihe l.abnc Fund. M'hiLh all0￿'S ihe C"hurch a dLgree of comfon should ani unfi)reseen repairs ￿. required. but also alloNI s US Iv irnproi'e and enh4ince ihe buildings of ihe C'hurch for all its users. I'hL L'liurih also held £1.811J ol- restricted funds w'hich have ￿en provided for the purposes specili¢d in iN'ole 2.

Trustees, Annual Report (cont) Ycar ended 31 December 2024 Statement of Trustees, Responsibilities T'he memik"r5 01- IhL Kirk .%ession musi prepare financi￿ slaiLments which give suffiLieni dethil iio en4ible Iin apprcciation ol- IhL" Ir£￿Sali10ll5 1)f Ihc ChurLh during the financial ￿ear. ThL mLmb¢r ()I' tlie Kirk Sessiun ri'%Ex)nsiblL Ic)r keeping prorer accouniingy r¢cords i4"hich. on requLSI. mu%1 rLfleci thL linanci(Il posiiion of the ChurLh dl thai lime. This musi be don¢ io ¢nsurL thai th. finanlial slalemenl% compli. K'iih the Chariiies and TrusieL Ini eslmeni ISLiiiland i Act ?OOi. the C'harilies Accounts {SLoiland) Reg?ulations l(K16 and the R¢gulations Anenl C"ongregiatiOTwI l.inJnce appro¥"cd b), Ihc LiL'n' ol. the ChurLh of Scotland in ?007. The!. arL" al$n responsibl¥ t-or ￿t(gUardIng (he a55ets of the Church and must tske reasonable slep5 for ibc prei'eniion and.'or dLl¥¢lion of tral￿ and oiher irregulariiies. Approi ed bTr" the Trusiees and 5iBned on thcir behalf. l)#te: 10 Januarn 2025

Sl Jame8 Chureb of Scotland, Lossiemouth SC 000880 Reporl ofthe Independent Examiner IndependLnt Tr.xaminer'% Repi)rt tu the TTUStees of Lossiemnuth ('. hurch Trf Scotland I rLport c)n ihc aLcounis ot. IhL charil>' for ihc yL"ar cnded 31 DLccmbcr ?024 ￿,hICh are sci on pages 7110 11. Respecti￿¢ reponsihilitits of trustees and examiner 'hL Lhdriti'% tru%lees arL r¢sp()n%ible l(Ir Ihe prepiiraiilin cil- lh¢ acci)iJni% in dL¢i)rdanLL 14 Itll ihL terini L)I' IhL ihe (-hJriiics and Tru.%iee InN'esimcni {ScoilAnd) Acl ?005 and ihe (-haritics Accounts {%coilandi Regu laii>n5 2(Illh. 'I'hL Lharill Irusi¢e5 Lunsidvr ihal LhL' dudil re4uirement of RLgulatii)n l 01 l ) Id) iTrf Ihe ALLoun15 ltr¥ulali()ns d()¥% n()1 appl!. It is mi. rLspunsibilitN' lu examine che accounls as rcquircd undor s¢¢tion 44(1) (cl bt- thc Acl and io siaie ikheiher particular manerfi haie Lome io m%. attentii)n. inilepi'n(lent examiner's stalenient l) eiai))inatlilll is CdrriLd i)ul in dLLiirdJiice wilh Relyulalion I l of ihe C"haritie% AcLounts {Sci)Ilandl Kig7ulali()115 211116. An Lxamination includes <7 revi¢M' ol. Ihe a¢countin8 fL'cord% kepi bv rhe ¢haritk ai)d ccimpariwn of ihL accounts prL'scntpd ￿'Ith ih05e records. li also includes considerati()n of anv uniisual itcins or di%closiirLs in ihc accounts. dnd 5¥ckingJ explanaiions from ihe trustees conc¢rninb) an). such ma#¢rs. The proeedureq undcrt1& kcn dLI n)t prok'ide all ihe ei'idence thai H'ould be requircd in an audiL and cons¢g4entli' I do ni)1 Lipriss an audit opiniiin nn ihe aee(iunls. Indepeiidenl ¢iaminer'% %tatL'ment Iii the ¢()Iir%¢ (Il- 1111 Lialil inalii)n, nc) maiter has Come io MJ attention. which gi￿e$ me reasonable cause io beliei'e thai in an} material respecl the requirernents.. lu kL'LP a¢¢(iunting record5 in a¥Lcirdance w iih SLLtion 44 11 l(a} i)l- (he •005 Act and Regulalioth 4 of Ihc 70116 AiL()uiils Regiulaiions, and to preparL dLLI)ull15 H'hich accord wilh the accounting records and c()mplN w'ith Regiilalion 9 Iidihc 21106 .4ccoiints RLgulatinn% hai L nui bLLn met. or to ￿.hich. in m)" opinion. atteniion sho)uld be drawn in ordcr io enable a proper uiidLrstdndi accoun1% io bi rLach¥d ¥ ()I' the DaiL' I.LL)ruary 20. 70,5

Lossiemouth Church of Scotland Recei ts and Pavments Account l'ear ended 31 December 2024 Unre5tricttd RLStrieied Endowment Fund Fund5 Funds Tntal Total 2024 2024 2024 2024 2023 Recei Di)ndlions 60.612 ?.631 6.1.243 Legacies Aclii'iiies for (Jeneraiing Funds Bank &. t)epn%i¢ inieresl InTre5micni income 1.455 1.45.f 635 439 ?82 2.634 46.1?4 Rental of preniis¢s S<Lle of a55et 11.774 1,774 10.9?3 s￿lIe of iiivcsimenis Gr<ill15 Receipis frorn (Icncral Trustees Other R¢¢eipts 3.35.f 3.355 1.579 T()tal liecei 77.635 2.034 'men¢s C'osts generattng fuThd.$ Charit8hle actii'ities Goi'ernance cost5 450 450 450 8S.487 1.667 87,154 150 Tutal Pa 85.9)7 1,6h7 87.6(M u rplu4J(DefJcit) of Receipt.$ oi'er P4Imi'nts fur thL' Tr'ear before tr¥n.sfers {8.102) 967 (7,-135) 3,807 Transfers 700 (700) .Surplusl(Deficit) of Receipts (jver Pai'ments for thL Tr'e#r (7,602) 267 (7.1_15) 3,8117

Lossiemouth Church of .%cotlxnd Statement of Balances At .1 I l)ecember 2U24 Unr¢strict¢d Restricted Fund% F￿ndS Tnt41 20?4 1024 zn24 ?024 2d23 Il#nk & l)e 1)4it Balances Bank & dL'posii balanc brought forward -51..519 Movernent in vear: urplu%'ilk.ILiltl ol'RLCLIPL% I)*LY IlaynenL% for thc )'Lar 7602 ?67 17j_?5} 3.807 Bdnk &. d¥p()5ii balances C￿7rrIed forw'ard 46.1_52 1.83¥ 47.991 InJ'e5tmenty at market %"#lue Liabilities Thc acLounis HLre approi'L'd b)" IhL' Kirk SLssion on io Januan, ?025 Por and on behalf of lh¢ Kirk. S¢ssion

t James, Church of Scotland Lossiemouth tatement of Balances otL'I l(? the .4cc()untS l. Trusl¢e Remunerdliun ynd Related Pam. Transaclions Mr5 Rosemar%' Anderson. a member of the Kirk session. w'as paid as deput!. organisi £3 £SiOI. Ilr% KaihL'rine Robertson. a member of the Kirk Session V¥7S paid as orgJanj%i £?.5 0 (?023'. 0 {?023.. No other trustee or a person rLlaied lo a irusiL"e had an!. personal interest in anj cÉ)biraLI or Irdnsacti(In Ln(L'red inlo b). thL Lhariii during ihe ! ear. 2. .Nl()I'L'menty in Tr"und5 Al I ,18n Aljl Di¢ 21124 2V?4 Rtceipts P&Thrnenls Tr8nsf¢rs [1 nr¢'¥tricted funds t)Lsibindied l ahrii Tr'und DesignaiLd Q'alh Flo￿ (JA %corti fund D¢%ibTll4llLd W indiTrw l%uiherlandi Fund Du%i¥ndl¥d Ilibli IR¢k Lordineri Fund (ieneral Trund 8.814 16.680 18,046 4611 4ig 460 5)7 171.5561 185.Y.?7) 700 9.8?_1 S j.754 77.63$ 700 Reilriiled fund$ 1.167 2,631 {1.6171 {50) {700) Gi)od New's Club 216 Mid¥4'L'¢k F'ellowship 189 18Y 1.572 {1.6671 Lndijwment fund*b Tiblal funds ¥0.269 187.6041 47.991 PLI ()scs ol. l)i%i Fnaled I, iinds I. dhrii l-'und.. "I hL I"ruslLLts hai c sei aside funds for the maintenance of the C"hurch prDpem' C"a%hF.-lo￿' IJA 51011) l.-und.. The TruslLCS h£11"e set asidL rcsen'e lunds for flom" I'roN'idin incomL lu IhL I. abric fund. Il'indoH' (Sutherland) F und.. The -I'rusiees have sei aside funds for an%. rLpairs lo the Stdin¢d Glas Bihli l RLV ( ordinL'rl F'iind.. The Trustees ha￿'e sel aside funds for ihe purchase of bibles. ()s¢s of Re:s_Iricied F'unds Guild Fund.. Thi% fund is 10 5uppon ihe aeiii'ilies of ihe Ciuild CJcii)d NL'i¥"s C'lub l.'und.. -l-his supp()rts aLtii'ilies of ihc Cio(Kl N'e￿"5 Club I Sunday School) M]d￿eek Fvllow'ship= Monies collected in Ihis tund are distribuied to the Lhurch and other charili

'orestri¢ttd Restricted Funds ?024 Endowment Funds Fuods Tot81 Tnt#l 2024 ?024 2024 2a?3 -1. Anali'sis of Donations 8.071 8.071 5.71i 26.0?7 625 6.663 2.987 Gift Aid Donations Gift Da) T&¥ Rec(Ivered on Gift Aid Donaiions Ordinary Offerings Iopen Platel Other OtTerings. IATrna110115 eic 6.959 8.47) 2.000 60.61? 6.9.59 8.47.3 4.631 63.:43 4).)07 4. Anali'sis of PaTr'ments Cosls of generating funds InNestmeni Managers, fees OtTering ¥nv¢lopes 450 450 450 450 4511 Charitable acliN'ities Gi￿1￿8 io Grow allocation Presbiter) dues Mini%ier's expenses Pulpit supplN' Other Staffing costs Fabric repairs & maintenance Council Tax 44.338 607 1.392 1.548 1.548 4.870 11.893 4.870 11.89.3 2.?93 8.871 5.600 2.488 4.6x9 -5.667 1.916 6.484 4.169 Heat and lighi Insurance Pal'ment of outstanding accounts. PrTlltin& staiionern. and postsge OtheT expense5 8.871 5.61)0 .488 2?6 1.667 .667 5.0?7 87.154 4.75) 54.?19 85.487 F'ollo%4'in8 ¢105urt of Si Gcrardine's Hi¥J ('hurch on 31 ikcemkr 2023. the un2d congregaiion paid acr0i5 fvnds iu the $1 (Jerardinl % High (.'hurLh bank aLcounis. £utTici¢ni so that the trJde5 wple could be twd. Xon I￿al accounis 14ere sdiled bl Ihe of Scntland head otyice. Duc 10 ihts Ihere were no funds a%'&ilable from Si GrJardine's High Church ti) P&55 on io the united hurch hurch. CWO%'ernance costs IndLPLndLIII ¢iaminer s fees 150 Other pg)'rnents Purcha%¢ of as￿lS Pllrchase ol investtnents io

1. Minister's Stipend All C IiurLh ot SiL)iland Ll)ngrcgation% cantribute lo Ihe Naiiiinal Siipcnd F und whiLh b¢ar% costs of all mini%ters' stipend% (2nd emplol'er's coniributionb for national insurance. pension and hiivsing and l()an fund. Minisi¢rs' stipends are paid in acL()rdancL ii.iih Ihe national siipend scale. ￿'hICh 1% tclati'd 10 l'ears c)I' %cTr'ice. For IhL vear under review. the minimum SiiPLnd w'as £31.64? and the m￿]mU￿ stipend Idfier lii"c N'ears) £.18.884. 2U24 2023
2. C'ollections for Third Partie Poppv SLQtland Lossieniouih Elol's BrigJade Vine Trusi FlomL for iiood -redrlund,.'L'ompassion L.K fhL ()ak5 112 50 50 50 50 so 20 312 70

APPEI%I)IX FIINI)S HF.LD ON BF.HALF OF THE C'()NC:RF.IIATION BI TIIF. CHIIRCH ()F SCI)TLAND GF.Nb.RAL TRIISTEb. 2024 2023 CAPITAI. ACC ()[ NT ( redil Ilalances hLld al 31 l)ecember al cosl MarkL'I Value of14alances (it .3 l December REVENIIF. ACC.'()UNT Cr¢dii 11a1￿ce at 31 DLcember 64.6? TF.MPI)RARI' ACC()IINT DL.bii Elalance al .31 December -7086.61 Il'iip?I' i)I"Ihc' uhi)I'e linc)% (li) nc)i upplj, ic) yfjiir L'c)ngrc'A'uiii)n./()r hf)Ih ¢!/'ihL' I'i'ur.i. hL'inA> rc'pciri 'iin hi rL*llI{)I'¢'d/ri)rpi Ihc, n¢)lL'. d ihc'n ihc'i. Thc. n()Iv c)Kli' rgciiiir¢J.s ihv J'cur i'nd.fiAiiirc'./i)r t'cIL'h i'L'(Ir if) hLJ .i'hoM'p7. 1)(Jluiling' Ihc, moi'L' ni'c'L'.s.iury hill c'(In hL' .i"h(JM'n U.% uildiiiijnul di.IL'I()surL' il'c'()n.i'idc'rL)d uppr()priulc'. 'nl.4 1,1 n(Jl 7lii' ni)IL' ()nli' rL'guirL'.i' Ihe Jyeur i nd IiAFiiri' /(Ir eUL'h }'vur li) hv .sh()M'n. DLiluilinAF ih¥ miii'c, niJL'L'.i.iur}' hill c'un h¥ .Ih()M'17 U.i' (i<ldilinnul di.ic'li).iurc' if L'i)n.fidvrc'd apprc)priule.