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 J<unes' building, hai'e gro￿Th b!. 500/0 oi'er the prei'ious l'ear and mL'mber% of knih thL
old Longregaiions g¥ladl)' fulfill Ihe r()les and iasks of the unit(￿ church. This is very enLouragJihg'
flir IhL future d¢i'Llcipmenl. "I'here arL plans lo dei'elop ihe church sitc. howei'er thes¢ need io bL'
hLld baLk unlil the Si (iLradinc's buildingi is %old lo release funds for an! dL'i'ili)pmLnl. All th
LhurLh bJr()LlPS tlouri%hed during, thL" I'V4￿, and a ne￿, giroup sei up. IhL. Sc.￿.1￿￿ l ir()up. 'fhi4
mLiin% Ihl Lhlirch h4211 is usld b!. gr()ups ei'en. dai. ()I' IhL I4¢L'k. h¢'nLL. hring?ingi ihL Lhur¢h il%¢ll-
morL' into the communil).. Finally. Ihe church h¢ld d week l(Ing summer hiilidav cluh for I
)'()unb pe(Jpl¢ of ihe town during JulN'. The success of il encourdg¢4 us io cnn%ider holdinb
similar sulh Llub in th¢ summer ot" ?11?5.
Financial Review
'I"IIL prinLiplL %ourLL ()I' thL church inc()me 1% ihc wcckls. conBrL'gaiion ()IYeringi which inLrLa.%ed
411 /0 l(Ipprii¥ imaiLlv £18.1111111 ol'er %1 JamL'S' C'hurch in ?0*3 duc i() IhL union ()f IhL' Lhurch
I l(Ill'LI'Lr duL l() IhL iiai Ihal l *1 (IL'()rg>L SirLL'I LalLiildl¢ il% rLquirem¢lli% Iba%iLalli- bd.%Ld (In
inLiime 2 )'L<irs prei'i()u%lJ'l. thL requirL'menls Irom l ? I I Ieorb¢' %irL'LI ri)sL b!. 11?O/o lappriixinidlL'
£?11.111101. ()IhLf LX￿ndillIrl rosc as ￿.¢11. in P￿￿]cUlar heal and light. a.s due i() pr()hlL'm% H iih I
mLlir li¥'hiLli IhL LILLlriciii ix)ard JLknoH'ILdgL' but hai'e noi l'et fixLd) all bi115 arc paid (
esliiiiiltLs, ￿.hICh WL hLliei'L IhL'>' 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<rdl A%sembl>' 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￿¢ re*ponsihilitits 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 un2*d 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

5. 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
6. 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.