MannufiL.Id Church of SLOtland, Aberdeell Cvnxregatiollal Accounts Year Ended 31 December 2024 Cos congregatio1￿1 Nunibei-: 311856 Scottish Charity Number: SC001680 Mannofield Chureh, Aberdeen Trllstees, Annual Report For The YeY4r Ended 31 December 2024 Th¢ Trllstees Present their ￿nUal report and fllWICAal ststements of the th￿[ty for the vear ended 31 December 2024. The fitwicial ststements hdvc bccn prepatrd in accordance with the a¢counting policics set out in notc L to the accounts and Lomply with tbe General Asgembl}' Reuulations for Congre¥aliunal Finance, the Charities and Trustee Investment (Scotland) Act 2005, the C￿tieS Accounts (Scotland) Regulations 2006 (as Amended) and AcLounting and Rep)n1￿£ by Clwities: qtatement ol. Recommcndcd Vracticc appli¢ablc to chartties prepdring their accounts in aocordance with the Financial Reportin¥ Siandard appli¢Able in the UK and Republic ol. Ircland publibh¢d on 16 July 2014. ob.jectii.es and ActiNities .1 hc Church of ScotI￿ld is TTinithrian in dooirin¢. Reformed in tradition and Pr¢sbyteridn in Policy. 11 exists to glorify GcK4 and to work for the advancement of Christ's Kingdom thmughollt the world. As a national Cljurch, it acknowledbJes d distinLtive Lall dutv to bring the ordinances of religion t<) Ihe p¢oplc in cN'Ery parish of Scotland througli a teffitorial ministy". It CO-op¢ratcs with other Churche5 in v￿louS ¢cuJnenical bodies in Scotland and beyond. Services of worship are scheduled in Mannofield every Sunday at l O.00am. These services provide the opportunity for people to gather in fellow'ship: cultivale supportive relalionships and encourage the development ot. a pcrsonal faith. Although our numbers dropped in the yeats after Covid, we have stabilised our dLlenddnLe and. un m¢Jst Sundays, wewill i¥elcorne pproximately l 00 pcoplc to in-p¢rson Worship. Despite the challenge8 of falling i)umbers of young people in wDThhip w'e have continued to offer Young Church, witli a Gon%tanl. thuu¥h stD&II nuinber. nf ￿'ou17g people enthu.siastically attcnding and tsking part each week. We are pleased around 70-100 views of Sundav onlin¢ worsliip each wcck, which combined wilh the Tn-person w'orship. mc&ns we Continue to worship w'ith strong numbers. VDrship is also hcld weekly Dll a Wethiesdu)t at l 0:30am alld broadcast online. At this Service we constantly ha>¢ on average 20 people with 40 view.s online. We seek that worship is a springboard for "living faith,: shown in our b(ii'porate support nf nur communitji and irl thc livcs of individuaIs who carry their faith into action. .le Parish Church, we see our 5har¢d work within the Parish Although Gontinu¢ as a sino Gmupin¥ a5 d vitsl witness a¥russ our eominuiiities. Mannufield Chllrch can be very proud of our continued cfforts to bc the Parish Church to Dui. community that now includes the area of Garthdee. Our Pasioral presence in our community is being noted. Page I Mgnnnf￿M Church, Aherdee Trustees. Aunual Report (Continued) For The Year Lnded 31 December 2024 Achievement and Performance Maiinotield is a large congregation ot. ovcr 6.50 mcmhers. As thc rncmbc.rship 15 predominantly older the attendances are not as LTood lls they used iu b¥. However: in oynparison with othcr churchcs wo aro fortunatc to h&vc a large proportion of thc membership regiilarly attending services and parti¢ipatin8 in the life of the congrcgation. The balance of age demographic at Sunday worship is noticeably yOLU)ger than many at comparable local congregations. Our activities cater forthe full spectrum of age range Hnd inteTes15'. and il is worth noling that n]idwcck w¢ arc fortunt4lc to partncr with Boy5 Brigade and Brownie/ Guide SeLliDns. The Boys Brigade company is at its highesl strengih in th¢ l#81 15 years. Worship style is varied accorditig to the nature of the serviee. Worship is intended to nif¢r stimulus, cliallensc and comfort and thc objcGtivc is that all pcoplc rcgardless of outlook find Mannofield a caring and restful spiritual home. Numvruus activlties are offered within chiirch lifv lo Laler lor all generations. The Midweek Service regularly incorporates a cafc-stylc scrvicc which contribule5 to th¢ varioiig styles of worship offered. We have 3 J.ife Group.8 meeting rnosl weeks, a W￿klY Biblo Study. a weekly Prayer (iroup and an Alpha coursc in thc winter. In this last we have welcomed several new members. These people join us through switLliing ihcir 'Lincs' from mcinbcrship of otbcr COng￿gatiOns. It 18 1)(Jted that iii general thes¢ new members worship rcgularly and participate in the activities of the church. The message they bring is that they tind us to he a very warm and welcoming congregation. Core Conneet C#lr ConneLI contributss Iiu8ely to the life, outreach and varicty ot-what we offei. aiid to our engagemenl with the ¢omtnunity. It opened in April 2017 and Continues to be a bridEe to the communiry and 2 source of En￿EY for thu building and inspiration lor th¢ congKgation. Caf¢ Coiiiicct has bccn set up as a sepurale limiled cornpany with its own di￿¢10[5 iin(l ils ¢inllual accounLb' do Iiot fonn part of the finances of m*￿￿or1e1d ChU￿h. C)verall, ('até Lonncct has brought Inany morc pei)ple intn thc Ghurch PTemi5es and is providing a facility for Members and non-rnembers alike. By Dpyning our doots in this way. wc bclicvc th&t wc arc breaking down barriers and that there 15 POt¢ntlLI to attracl people lu find oul abL)ui Clirislian lif¢. Page 2 Mannofjeld Chureh, Aberdeeu I'rustee5' Annual Ileport (Continued) For Tbe Year Ended 31 December 2024 Financial Revie)v In temis of financial highlights in 2024. MannDfield Church dcliveTed Unrestrictcd including Desi￿ated Funds Income £278,496 (2023 £187,128) Expeiidilure £210,062 (2023 £2.32,05C)) NCL iiirom¢ £68,434 Restricted Funds Income £33,987 (20?3 £33,962) Expenditure £24:977 (2023 £55.648) Net income £9,010 Unrestriaed. including designated funds. incoine of £278,496 IJ higher than 2023 (£187.128)' K,hich is du¢ in part to a higher sum ot legacies received. £.36,3.14 in 2024, compared with £l.000 in 2023. Offering8 increased by £37.628 or appLY>x. 370/0 from £1 01,142 to £138,770. priiicipally duc to a very generous donation of £30,000. Contributions from Congregational organI￿li0nS decreased fTom £4,361 to £2.490 mainl) a result of a large increase in contributions from Mannotield Church Guild in 2023. Total cxpcnditurc was £235,039 a dccrcasc of £52,665 or 18 /0 from 202) expenditure of £287,704. Fabric repairs and maintrnance oIi both th¢ Church and Nlanse was £31).187 (2023 £70,415) and decrensed by £3 I,228. Tot&l net incomc bcforc g&in on financial instiuments was £77:444 compared to net n¢oine of £66:614 in 2023 witli menliuned dbLTrI'C a largc part of thr nel incoinkn for 2024 consisting of Icgacics and donation5 received. Net surplus. after an increase in the value of financial instruments for 2024 of £3,165 (2023 gain of £12,659) M'as £80,609 compared with a net defricit after financial instTuments for 202? of £53,955. However. it must be noted thal this surplus flgure includes a doiiation of £20,000 t() be distributed 10 local charities. Mannofield will continue to bc pro-aclive in aiming to maximise Gift Aid income. Tight control of expenditllTe will be maintained. PaEe 3 Mannofjeld Church, Aherdeen Trustees, Annual Re￿rt (Continued) FDr The Year Ended 31 December 2V24 FinaDciAI Review (eonlinued) A nurnber of rctiring collections were made tn 2024 (see note 16) and we are pleased to nntc a tntal of£1,345 cullcL-Icd Cor Yarious causcs, all of which wcrc dislributcd to the causes. Church organisations also contribute to ihe wid¢r work of the Church both locally and iiiternatinnally. R&4¢rves At the year end the Church held unrestricted funds, excluding funds held in reldlion lo asset rcvaluation. ot £521.lJ12 (2023 £453.303) which rcprc5cnts more Ihan twelve months, wurth orre¥u1￿ eXpVndilu￿. ai 2024 levels. Mannofi¥ld ChurGh also held Restrlcled Funds of £41,893 at 31 December 2024 (2Q23 L29.404). Strncture, Governance and iManagem¢nt The Church is adminisi¢￿￿ ill awordanL¢ wilh the temis ufthe Uniiary CunsLiluLion. Members of lh¢ Kirk Session are the chllriry trustees. The Kirk Session meinbers are rt)e elders of the church and are choscn fmm tho%e mcTnbcrd of thc church who arc considered to have appropridle ¥ift5 ￿ld skills. Thc mini5tcr, who is il m¥mbcr uf (lie Kirk Sc5sAon, is clcctcd by thc congregation and inducted by Presbytery. The Kirk Sessfton have oversighi ov¢r all ¢ircas ofchLirLh life. Certain responsibilities are delegated to C.omrnittees, includTng ihe finance Committee and thc fabr&c Committee. as appropriate. The Kirk Session is also responsible for the spiritual attairs within the church. Page 4 M&nnofReld Cburcb, Abenleen Trustee4' Annual Heport (Continued) For The &'ear Ended 31 December 2024 RefL'fL'nce and Adrninistrntive Information Truytees The list of Kirk Sassion members who scrved as TrustKs during 2024 can be found at Appendix l. PriTreipfil nffiee Flegrcr4 Principal Otrice Thc ChuiLh Office Mllnnofield Church Great Western Road Aberdeen ABIO 6II7. Charity Number SC001680 Independent Ex*miner Bain Tlenry Reid, Chartered Accountants Ballkers Virgin Moncy. Quecn's Cross Elrnllch. Abcrdccn TSB Bank plL, St NiLhulds Branch, Aberde¢n Webs'ite Further details regarding the church and its acttvitios can be accesscd at INw.mannofieldchurch.or .uk Pd&Fe 5 Manllolield Cburcb, Abcrdcen Trustees, Annual Report (Continued) For The Year Ended 31 1)ecember 2024 Trllstee5 lI￿POnsIbl111]eS in Relation to the Financial Statements The charity trustees are responsible foT preparing a trustees. annual T¢PUrt and financidi StatciM¢nts in accordance with applicable law and United Kingdom A(*ounting Siandards (Uniied Kingdom Gene￿IlY Ac¢eptsd Aceoiinting Practice) The law applicable to charities in SLOtland requires the Lhdril> IrLlS(trcs io prcp¢irc financial statemc4Tr1s for cach financial ycar which show a true and fair view of the stttte Df affairs of ihe Lharily and of inLoAning resuiirces <￿d iippIiL. and u comparison of the accounts presenfrd with those records. It also includes consideration of anv unusual items or disclo8urcs in Ihe &ccounLs, and Seeks explan&tions fllim thc trustees ¢oiiccming any such matters. The procedLwes undertaken do not provide all the evidence that WOLtld be required in an audit, and consequently I do not cxprcss an audit opinion on the accounts. Independent ¢xamin¢r's %tstement In the Lourse of nis. examination of the ststement of accounts for the year ended 31 r)¢ceinber 2024, no matter h&s come to my attention: l) Ivhioh gives mc reasonable causc to bclieN'¢ that in anv materilll respect ihe requirements,. to kccp accouiiting T￿OrdS w'ith Section 44 (1)(a) of the 2005 Art and Re¥*ulatioii 4 of the 2006 Accouiits ReoulatiDns {as amended) and- to prepare accounts which ￿cOrd with thc accounting records and Comply with tlie Regulation 8 ol'thc 2006 Accounts Rcgulatlullb (as amcndcd) hav¢ not been mct. Dr 2) to which, in my opinion. attention should be drawn in order to enable a proper unders1¢￿ding of the Rccounts to be reached. Name.. Relevdni Profcssional body.. 'I'he Inslitutc of Chartered AGcoiintsiits ot scotland Address: Bain H¢nry Reid 4 II'e8t Lraibstone StT¢et Aberdeen Da(¥- Pag¢ 7 Illanmnfield C.hllrch, Aherdeen Statement of Financial Aetivities For The Year Ended 311)ecernber 2024 Unrestricted 1￿cludIng D￿1g￿￿ted 1kn8tTiCtcd Kndowm¢tLt Fund5 F￿n(l8 'I'otals 2￿23 TrI￿te 2024 Jneome and endowments from: Do]iatiOlls and l¢ga¢i¢s c.I￿rItable activities Otlier trddin8 aLtivilies Investments 228.197 2.000 26.410 21,889 33,880 262,077 2,0(M) 20.410 21,996 176,508 l.R2 24.107 18,655 107 Total ivAeome 278.496 312483 Expendlture on: Raising fund5 C.haTltahle activitie5 113 2117.591 210.062 24.ty17 235.039 Tothl expeodl¢ure 210 062 235.039 Net incoJnel(eApenditure) before g*iin¥ and lo￿¢8 On finxnelal Instru￿¥￿1$ 68.434 9.010 77,444 (66,614) Net gainoJ(lo*qes) on financial instrumrnts -1.165 Net ill¢omel(expenditure) 71.599 9.010 80.609 (53.955) Transfers Ixtween funds 75 3,479 (3.554) Total Funds kniught forward 1.060,159 29,404 3.554 1.093.117 1.147.072 Total carriLxI furFvard 131833 1.173 726 1.093.117 Th¢ slatctnent of fmancial activities incliides All gains and losses recognised tn the year. All iiicol￿e and expenditurc dcrivc from continuing activitics. Page 8 MaDDofReld Church, Aberdee Balv•n¢e Sheet As at 31 Deeembgr 2024 21124 2023 NDt¢ Elxed knets L angiblc Fixed 8S5els Investments Total FiL¢d A$$ets fvio,000 35Q.017 990,017 640,000 346 852 986.852 io Curremt Assets 29 5.630 130.6111 136,340 DebÉors Bank & Cash lotg41 Current Assets 15,184 184,137 199.321 CreditU￿ lalling due within one Jear 12 30,075 Nrl Curr¢nt Assets 183,709 106,265 '¢1 Assets 1173,726 1093 117 I'he fuDds of the ehArlry: Unreslrictcd including t)e81grJated funds R¢stricted inLUm¢ funds Endo￿Thent funds Tot41 charity funds 15 1,131.833 41,893 1.060,lig 29.404 1,173.726 1,093 117 The acLounL%' w¢r¢ approvcd b>. the Kirk Sessioti on 25 March, 202.$. I'or and on behalf of thc Kirk Scssioii Pag¢ 9 ManllDfield Church, Aberdeen Notos I'o'l'he b in%ncig1 Sitatements For The Year EndÈd 31 Deeember 2024 l Accounting PoliLies The prinLipal aLLoiinling policies. which have been applied consistently in the ciirrent and preccding year in dealing with items which consid¢r¢d material to th¢ ￿coUnts. are set out belo￿,. Ilasis ul Preparuti¢JEJ The financial statements have been prepared in accordance with Accounling and Rcporting by Charitics- Ststement of Rccomiiicndcd Practice applicable to cliarities preparing th¢ir accounts in acconlance with the Financial Reporting Standards applicablc in the LIK and Republic ot Ireland (FRSI 02), the Charities and 'lrustee Inv¢stmcrtl (Scotland) Act 2005 and the Charities accounts {Scot18nd) Regulations 20U6 (as amcndcd). Fullds Funds ai¢ classified ￿ either restricted funds or unrestricted funds, defined as follows- Unrestricted including Dcsignatcd funds arc cxpcndabl¢ at the dis¢fetion of the trustee.£ in t"urtherdnce of objects c)f Ilie LliariLy. Il'pdrts ofthc unrcslriclcd funds arc carn￿rkCd at thc discrction of thc trustees for eé parti¢ul8Y purpos4 thcy ￿1￿ d¥sigiiaiLxI <1 s¥pdfd(c" fund. This d¥signalion has administrativ purpose only and does not legall}, restrict the Trustees, discretion lo apply the fund. Restrictrd Funds fire funds subject to spttific requirements as to their use which Jnay b¢ d¢Glarcd by (l)e doiior or with their authority or created through legal pmee84e8. but still within the wider objecL8 of the charity. Enduwmeni Fu]Kls are funds which have been given on ihe conditioll that th¢ original capital sum 18 n()t reduced, hut the iiicome thar from f8 u.4ed foi. the purpose defined in accordance wilh the objects of the Charity. ltteomlnE Resources IncollL¢ is rccognis¢d whcn IELC charity has cntitlcmcnt to tILC funds, any performance ndiliuns dUuLhed to the Alem{s) of income have been mel, il is piubably Ihai lh¢ income will be received and it can be mea.sured reliably. R&s(burc£% Expended Expenditure is reLogJniscd un an acLrual b￿1& ￿ the liability is incurred. Dunated Services and faellltles Donated pmfe$8ion&l services and donated facilities arc rccogThiscd as incomc whcn thc charity has control over the item, any conditions associated with the donated item have becn mct. the r¢cGipt of cconomic bcncfit from usc by Ihc charity of thc itcm is probable and thdl tiDnDmiL bcncfil can bc mc&surcd rcliably. In accordanLC wilh ihc C.harili SORP (FRS102) the general volunteer time of congregatloll members is not recognised. Page 10 Mannofleld Church, Aberdee Notes To'l'h¢ Financial Statements (C:ontiDued) For Th¢ Year Ended 31 D￿rnber 2024 Acconntlng Policies (continULyI) Jjjterest reLLivuble Interest on fuiids lield on deposit is included ￿'hen reccivable and the amount can be m¢a5Lir¢d reliably by the charity. this is nornially upc)n no(ification of the ini¥rest paid or payable by the 13ank. Tangible fiied Hs5ets The chBrit>' hds the rlghi to occupy and use for its charitable objeLls certain tan8iblL fLxed assets. including the Church, halls and tnanse. vcsted in the Church of Scotland Trustees. No ¢onsideration is pavable fur the use ol. these assels. LxpCndit￿C iiicurred on the repair and MaIntet￿ncC of these ass¢ts is chRrgcd &s resources ¢xp¢nd¢d in the statement of finanLldil actibiti¢s iii the p¢riod in which the liability arises. All Langible fixed assets having r¢ value to the charity greater than one year, othcr than thosc acquired for ,%pecific purposcs. are capitslised. Only asscts c05ting greater then £5,000 are capitslised. t)epreLialion is PTON'idcd on a 5lraighi-liiie basis to write off the c<)st or initial value. l¢ss rcsidual value, of tangible fixed assets over th¢ir estimated useful lives. No d#preL'iatiun is prow id¢d on buildings. iation Polic Eguipnient- 25 /fy on cost ljivestmenls Fixed asset investmellts are statcd at markei value at the baianLe sheei date. Unreali5ed gains and losses rcprcsent thc difierencL" between the Inarkel value and the beginT]ing and end of the financilll year or. if PUTchased in the year. the differ￿)ce berween LOSL and market value at the end of the }ear. Realised gains and losses rcprcscnt the difference be￿een the proceeds on disposal and the market value at the 51arl of the yew" or cost il purchased in the ycar. Taxation m￿n0f]eld Pnrish Church is r¢cognised ag a charity for the purposes of applicable taxdliot) Ic8islatioii and is therefore not subject to tsxation on its charilablc activities. The charity is not registered for VAT and resources expended thcrelore inLlude I￿e¢Over2b1e inpui VAI" Miith the CXGCPtion OF D¢v¢lopmcnt Expenditure incurred which is n¢t of VAT recoFered undeT the lisLed plaLes of worship SLheme. Stock Stuck is includcd at the Iniver of cosi and nel realisable value. Debtors Other debtors are recognised at the settlem¢nL due after any d￿COuntS offered. PrcpayTnents arc N'alued 8t thc amount Prepaid net of sjny trade discounts due. Pagell Mannofield Church, Aberdeen Noles To The Financial StY&tements (ContinllLYI) gr The Year bndcd JI December 2024 Acenunting PTrlicios (continued) Cash at hank alld in hand Cash ￿ bank and cash in hand includes casb and short temi highly liquid invesLmenis with a 8hort maturity of threc inonth.s of less from the dale of ucquisitTon or opening of the deposit or similar account. Creditors Lreditor8 at¢ ￿￿OSni3¢d Whe￿ thc charity has a prcscnt obligation rcsulting from apast cvent will probably result in the transfer of fuiidy lo u ihird party dnd ihe amuunl due to settle the obliE8tion cnn be measured or estimated reliably. Accru¥Als are cognised at their settlement amoiinl after allowin8 for any trade discouiits due. Finaneial Instruments The charity only has financial awts and liabiliti¢s of a kind that qualify as basic rindn¢i¢il inslrum¢nls. Basic finanuial in5trumcDtS arc Initially ￿Lurdcd at tran&￿Ilutt VAlue And subsequently measured at their settlernent value with the exception of loans which are subseqLiently Jneasured at aniortised cost U5iiig the effective iiiteLTSt ineihod. UnTedlised gains and lusses represent thc ditrcrcncc bctwccn ihc nct prcscnl valuc at the bcginning and end of the financial year or, if acquired in the yellr, the difference IwLLll t1￿ a￿0￿111 LLCLivcd al￿ Ilic nct pr¢scnt valuc al tkn CIKI of thc y¢ar. Pen$ion co$t4 and cbther ptk$t-retirement benefify The charity operates a defined contribution p¢nsioft scheme. Contributions payAble to the charity's pension scheme are chargcd to thc btatcmcnt ot'l'inanGial ActiVLtiC5 Ln th period to which they re18te. Payment's to deFined contribution r¢ll￿ment bellefit sohenies are Charged as expens¢ a.% they tsll due. Page 12 Mannofield Church, Aberdeen NotQ8 To The D'inamcial 8tatements (Continued) For The Year Ended 31 December 2024 lJThrestrlcteil irtelwding T)esignalcd >und5 Re5trittt End￿￿lent Funds TotaLs 2024 Tot&l$ 21ll3 2 Donativns and Le¥4¢ies Offerings Donations Tax rECA)vcrcd on gift aid Legacies ContributioTrs from congrcgational organisations Otl*r incoine Café Coiinecl Lontribulions Development fundraisin¥ 138.770 loo 26.982 36J34 138,770 25,946 26.982 36.334 101,142 26,338 22.648 I,oDo 25.846 2,4YU 6.7D() 16,821 2,490 6,700 16.821 8,034 262,077 4.361 3,830 9.600 7.589 176.505 8,034 33,880 228 197 Income froin donations and legaci&8 was £262,077 (202i £176.508) of which £228:197 was unrestriLled (2023 £142,618) and L33.iE80 i*as rc.gtricted (2023 £33.890). 3 Income from Cbarithble AetivitlQS Weddings and &￿eral5 2.000 1,820 2,(KlO Jiieoine from chdrilable aciivities WAS £?,(X)0 (2023 £1.820) of whiLb gOOO was unrc51rirl¢d (4J123 £1.820). 4 Income from Otb¢T Trading ActiTrTrti Ustt ofpremi 26.410 26.410 24,107 24,107 Income from othertr&ding activities was £26,410 (2023 £24.107) ofwhich £26,410 wus unresirieted (2023 £24.1 Q7). 5 llli'estment Income Deposil in*rest Dividcnds received 1901 18.988 107 3,IM18 2,831 21,996 18,655 Income from InV￿tT￿entS was £21,996 (2023 £I8,655) of which £21.889 li'as unreslricted (2023 £18,58J) 8nd £107 was restricted (2023 £72). Page 13 Mannofield Cburch, Aberdeen Notes To TbL FinanL'ial StwtetllLknts (Contitiul￿) For'l bc Year Ended 31 Decc]nber 2024 6 Allalysfis ol Expenditure Unrestricted including Desi¥nated ReslriLled F.ndtswment Tntgls Funds Fullds Tot*l8 2023 Railing *untL% 0fter1t￿ envclL¥PCS 113 113 Chari18ble Aetivitie Giviii¥ to Gmw con1rlh￿t10n Presbytery Ducs Minislcr¥ 6xpcn5CS Mini¥teridl as5isLw¢e Other salary costs Fabric repairs and maintenance Council illK &nd insurance Heal and light Church office expenses Wnrfhip rcsourccs Other expenses Donations paid Minister s Ldf Expei)ses Governance costs 90,3D6 4J41 3.1115 242 22.871 25.636 14,086 23.626 15,434 90.306 4.341 3.It15 242 22.871 39,187 14.086 23.62CI 16.033 1.652 8.325 5.559 1.426 00 235.039 88.703 2.420 2.514 89 41.2 70.415 13.158 13.318 13.227 1.314 5.778 28.482 2.X25 13.551 599 5,559 1.426 210.062 24.977 287.591 Total Expenditure 210.062 24.977 235.039 287.704 Support c(Bt5 have not ￿en geparately identified &8 the tn]stees consider there is only one charitable dulivity. T1]¢￿r0￿C support costs r¢lat¢ wholly lo that activity and have not been separately identified. Expellditute on raising fi]nds iyas £nil (2023 £113) of which £nil (2023 £113) Ivas unrestricted. X￿nditi]rO on Bharitablc activilics w8$ £23.S,039 (2023 £2X7.591) of ii,hich £210.062 (2U21 £231.IP41) was unrestricted, £24,977 (2023 LS5.648) was restrtutcd and £nil (2023 £iiil} was trom cndoivllicnl lunds. Page 14 Mannofield Chureh, Abenleen Notos To The Vinancial %tatemeuts {Contlllucd} For The Yevdr Ended 31 Dec¥mber 2024 staff Cffjsts and Numbers 2024 2023 qal&ries and ￿ageS E'cr Nl coIitributions E'er pen5iun Contributions Total 22.505 232 39,526 1,650 92 22.871 llie av¢rag¢ numbcr of ¢mployee8 during the year. calcul&*d on th¢ basis of a headcount was as follows.. 2024 1 (15 hourslweek) 21123 1 (15 houi'& week) Administration Urganist Church OffiLer Outreach Worker No emplny"¢e received employee benefits in excess of £60,000 (2023 nil). All Church of Scotlartd congregations contribute to the Nation&1 Stipend Fund which bears the c051s uf all rninist¥rs' sti￿ndS and employer's coiitributions tDr iialional insurance: pension and housing and loan fund. Minister"s stipends are paid in aLLurLIAnL¢ 14'ilh the iiatioiial stipend scale, M,hiGh is relaLcd to ycar.s of scrvicc. l.'or the year undcr review ihe miThimLUll Stipcnd was £31.642 8nd the maximurn stipend (in ihe fifth and sub.sequent Ye￿3) £38,884. The charge for lh¢ ycar in re5PCCt of defined cnntribution schemes Nvas £134 (2023 £92). There are unpaid contributions at th¢ balance sheet date of LJ l (2023 £27). 8 Truglee Re￿llneration and Relllt(yl Party Transaetions tli¢ minister and a trustee, receiNed £3:185 (2023 £2,514) in Telation to b'avel and ntlier ministerial ¢Kpen.ses. In addition, council tax of £3.810 (2023 £3.707) WB8 paid in respect of the manse. Durittg the year a totsl of £35,973 (2023 £35,888) was dOna￿d iu ihe ¢ongTegation by thc sm'ing truSt￿S noted at Appendix l. Page 15 ManDofKld Churckn, A￿rd¢ell NUÉLS Tu ThL. Fin#nLial Statements (Continued) For Thc Y￿r F.nd¢d 31 Dee¢mber 2Q24 9 '1'angible Ii)xed A*seLs BuildiD¥S E4uipment Tolal Ai l Janudry 2024 and 31 Deeember 2024 640.000 11.617 651.637 Ikprecialio At l .lanuary 2[)24 and 31 Deeeinber 2024 I I,CJ17 I l.Ci37 ct ilDok Valy At 31 December 2024 640.000 At 31 December 2023 640.000 640,000 Heritable propertj w&q valued oli an opeii markct basis on 25 April 21)12 hy Allied Scotland, Chartered Surveyors 10 lllvestment¥ 2024 2023 Cost or valuation: Markct valuc ai 31 DccctniKr 2U23 Addiliuns during the year Unrcalis¢d gainl(lo$$) on invc8tmcnts Mark& value at 31 December 2024 346.852 334.193 12.659 346.852 350.017 Inveslments at cost 379,996 379,996 The following inves(mcnts are hBId: "I'he Lhurch of S¢oÉland Invcstors .1 rust- Incomc Fund 11 DebtorJ 21124 2U23 Othcr dcbtors PrepyAyments' 3,430 2,200 5,630 2.265 15.184 Page 10 MaDnofield Cknurch, Aberdeen Noto8 To The b"inancial Statements (Continued} For The Year Ended 31 Deeembvr 2024 12 Creditors: amrfjullts falliDg dlle wlthin one )e7dr 2024 2023 Accruals 30.075 30,075 15,612 13 Analv5i5 of Net Assets Arnonx Funds UJhre8tricte(l H￿til¢led EndoJYment Funds Fullds Totsl Fixed Assets Investments Cuffcnt Assets Current Liabiliiies 640.000 350.017 152.370 640.000 350.U17 199,321 15,612 1,173,726 46,951 5,0SX 41,893 1.131.83) 14 Voluntee In commnn ￿11th all congrcgation5 01 thc Church of S¢otl&nd the congregation benefits from the contribution mdde by volunteers w'hu giv¢ th¢ir iiine and talents H'illingly for the bLrLcfit of the Church. The areas of congregatinn21 life which relv on the contribution of volulll¢¥rs m￿Y and i'aried ￿ld mueh of the activity M'ould be iinable to continue ivere it not t()r the commitmcnt shown. Page 17 Mannofield Churcb, Aberdee Notes To The Fillaneigl StatemLints (ContinuLd) For The Year Ended 31 Deccmber 2024 15 Movement in Funds IDcomlng Resources Resour¢es Expended TTX115fers GuiThs1 Af 31 D¢L (Losses) 2024 2024 UnTestrietLd Funds inLludiD% Desigllated Fulld5: Flower Fund Ministerial Assistance Fund PlantLr I',und Genernl Fund Rcvaluation Rescrve 1.029 50 (33) ,046 2,548 103 449.623 606.856 1.060,159 (242) 2,J06 103 5l8,357 610 021 3.165 1131833 278.446 (209.787) 75 278.496 210,062 75 oses of Unr .'lower l.und.. tricted Funds includin Desi nated Fund8 'I'hc 'lru.4lccs havc sct aside funds to provide fluwers lor (Sisplay during services of worsliip. The Trustees have 8et aside fuiids to Provide assislanrc to the minister. The Tru8tee8 have set aside funds to mainlain thc plartters outside the building. Ministerial AssistsJi¢¢ Fund.. Planter Fund-. Page 18 Mannofield Church, Abenleo Y4ote5 To Thc Fin8ncial (itatements (Continued) For The YearEnded 31 Deeember2024 15 Moyemcnt in Funds (Conlinued) UllreAlised Gainsl At 31 Dec (kn)ases) 2024 At l .lan Incoming Resour¢e8 2024 F,Tpendeil Transfe R￿trIcted Fiinds Miss Ewan's Legacv l)cvclopmcnt I,und Miss Youngson's Legacy Fund for tkn¢ elderly Caf¢ Connect Miss FArquharson's I,cgacy P85toral Cdre Local Charities FoudbMnk Fund Ciarden Mi aintenancc Soft Furnishings Worship Resources Wumen's Guild I,776 11.386 107 8,034 1,883 5.270 {14,150) 1.640 8,203 (230) (628) (5,059) 1,4lO 8,062 287 S,059 200 1,437 95 640 1,296 931 1,437 1,154 20.140 92 204 21 2,090 200 41,893 1,059 2U,000 (5011) (3.204) {7271 {479) 500 2,020 2UU 3,479 29,4U4 24.Y77 oses of Restricted Funds Miss Ewan's Lcgacy: Support and c&re for the elderly m¢mbets of the ojigregation. To ￿Pair and upgrad¢ the Church buildings to secure the future of the hi%toric building. Purchase of flowers for Ihe church. "l o carry, out church activitics for the bcnefit of the elderlv within the churLh cungregation. To assist in the setting up ot- c.ate Connect. For the benefjt of the Postoral Care Group. For ihe henefjt ol'dic Va5toral (;arc (Iroup. To distribute donations to locRI Lh￿l1]es. 'I"o disiributc grant rcccived frorn the Co-op. To improve garden ar¢as in ihe Church grounds, iising fiind8 trai)8ferrcd from Mannofi¢ld Plftyerq. To fumigh an upstairs room to provide a tneeTing place for young people (lundcd by a £5UV grant from the Barrack Foundation). To purGhas¢ any materials or equipmcnt etc for the use in ChurLFL servieeg and any youili &¢tivities. To enable the transfer of the Mr.s J M Petrie Endowmeni Fund, so that thig mones can transterred to the Guild. Developm¢nt Fund: Mis5 Young,son's Legacy: Fund for the elderly: Cafe Connccl- Miss Farquharson's Legacy: Paslurul Care-. Loca] Charities.. Foodhank Fund: Garden M&intenAnee: Soft Furnishings.. Worship Resources: WoJn¢n's Qiuild: Mannofield Chureh, Aberdeen Notes 1.0 The b'inanci21 .Statements (Coulinued) For The YÈAr Ettded 31 December 2024 15 Movement in Fund¥ (Continued) Unrealised At31 At l JaD Inconiing 2024 Resources Resources Expended Transfers (Losses) 2024 Endffi*ment Funds J