St Andrew's Parish Church of Scotland, Ayr Charity Number SC001757 39 Park CRrcus Ayr Accounts For Year Ended 30th November 2024 The Trustees Annual Report th Year ended 30 November 2024 The Trustee5 present the annual report and accounts for St Andrew's Parish Church of Scotland Ayr for the year ending 30 November 2024. Reference and Admlnlstratlon Informatlon Charity name: St Andrew's Parish Church of Scotland Ayr Charity number: SC001757 Congregational reference number: 100549 Contsct Address: 39 Park Circus, Ayr, KA7 2DL Moderator land principal Office Bearerl Elder5 Management note that In 2014, the church changed from a board of trustees to a unitary constitution) Prlncipal Office Bearers Minister.. Session Clerk: Church Trea5urer.' Independent EX￿niner Bankers The ftoyal Bank of Scotland, 30 Sandgate, Ayr, KA7 IBY Trustees, Annual Report th Year ended 30 November 2024 Structure, Governance and Management Governing Document The church is administered in accordance with the terms of the Deed of Constitution. Recruitment and Appointment The Kirk Session members are the elders of the church and are chosen from those members who are considered to have the appropriate gifts and skills. The minister, who is a member of the Kirk Session, is elected by the congregation and inducted by the Presbytery. Additional management roles sUPPOrtin8 the running of the church are appointed from within the congregation and members of the congregation are invited to nominate individuals, who are believed to have the skills and commitment to contrlbute to the management affairs of the church. Organlsatlonal Strurture The thurch adopts a unitary constitution. The office bearers, elders and management roles are trustees of the church. Certain responsibilities are delegated to the Finance Committee and the Property Committee as appropriate. The Kirk Session, which meets six times a year, is responsible for spiritual affair5 Wlthin the church. Objectives and Activities The Church of Scotland is Trinitarian in its doctrine. reformed in tradition and Presbyterian In Its policy. It exists to glorify God and to work for the advancement of Christ'5 Kingdom throughout the world. As national church, it acknowledEes a distinctive call and duty to bring the ordinance of religion to the people in every parish in Scotland through a territorial ministry. It co-operates with other churches in various ecumenical bodies in Scotland and beyond. We fulfil our obligation by seNices of worship every Surbday morning. We have Club Sunday activities for young people and bible study and prayer groups operate during the week. Our minister is chaplain to Ayr Grammar School and Kyle Academy. Our halls are used by sections of the Boys Brigade, an after school group lup to the end of 20231 and other local organisations on a regular basis. Trustees, Annual Report (continued) th Year ended 30 November 2024 Financial Review The Church's total fund at the 30th of November 2024 was £104,830, which was an decrease of £6,806 compared to the previous reporting period. As per the previous financial year, with no further reserves to cover the continual high level of expense5, the Church was not able to pay towards Giving to Grow contributions. Any increase in the unrestricted funds at the end of the financial yearwas to be used to partly tover the outstanding amount due. However. the monthly payments to run the Church continue to exceed the receipts and so no additional contributions were made in the financial year. The majority of funds1£90,7121 are held in the restricted Breckenridge Trust, which cannot be used towards general activities and running costs of the Church. With limited unrestricted or deslgnated funds, the regular income does not cover the level of outgoings required to meet all financial contributions and there are no additional reserves available. Going forward the Church will again not be able to meet the expected Giving to Grow contributions and is now over £82,000 in arrears. With the pending closure of the Church, the outstandlng balance due forGlving to Grow would be settled through the sale of remaining assets Ithe Manse) and any residual funds. The full breakdown of finances is covered in this ￿pOrt. Trustees, Annual Report (continued) th Year ended 30 November 2024 Reserve Policv Our total reserves comprise of unre5tricte(5 General Funds ballk and cash balances. Total reserves a5 of 30" November 2024 are £13,511 (restricted funds not included in reserve policy). Statement of Trustees, Responsibilities Charity law requires the trustees to prepare financial statements for each financial year that show a true and fair review of the affairs of the charity and its financial activities for that period. In preparing those financial statewnent5, the trustee5 are required to: select suitable accounting policies and apply them consistently: make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards and statements for recommended practice have been followed, subject to any departures disclosed and explained in the financi31 statements,. and prepaie the financial statement on the going concerns basis unless it is inappropriate to presume that the charlty wlll contlnue In operatlonal existence. The trustees are responsible for keeping proper accountlng records that dlsclose, with reasonable accuracy at anytime. the financial position of the charity and to enable them to ensure that ihe financial slatemerst5 comply with the Charities and Trustee Investment (Scotlandl Art 2005 and the CharitEs Accounts (Scotlandll Regulation 2006. They are also resp)nsible forsafe8U3rdin8 the assets of the charity and hence fDr taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Trustees and signed on their behalf. Date: 01 St Andrew's Parish Church of Scotland, Ayr SC001757 Independent Examlnerfs Report to the TN5tee5 of St Andrew's Parish Church, Ayr I report on the receipis and payments accounts of the charity for the year ended 30 November 2024, which are set out on pages 9 to 17. Respectlve responsibilities of trustee and examlner The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee5 Investment (Scotlandl Act 2005 and the Charities Accounts Iscotlandl Re8ulatlons 2CKJ6. The charity trustees consider thal the audit requirement of the regulationlO111 lal to Icl of the Accounts Regul£tion does not apply. It is my responsibility to examine the accounts as required under section 44111 Icl of the Act and to state whether particular matters have come to my attention. Basis of Indgpondent •xamlngr's stat•m¢nt My examination 15 carried out in accoidance with the regulation 11 of the Charities Account5 Iscotlandl Regul3tions 2006. An examination includes review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual ilems or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The prO￿dureS undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. Independent examlner's ststement In the course of my examlnatlon, no matter has come to my attentlon which gives me reasonable cause to believe that in any material respect the requirements.. to keep accounting records in accordance with se(tlon 44 llllal of the 2005 Act and regulation 4 of the 20D6 Accounts regulations and, to prepare accounts which accord with the accounting records and comply wlth the Regulations 8 of the 2006 Accounts Re8u13tions have not been met, nor to which, in my opinion, attention should be drawn in order to enable a proper understanding to be reached. St Andrew's Parlsh Church of Scotland, Ayr Accountlng Pollcles The principal accounting policies, which have been applied tonsistently in the current and preceding year in dealing with items which are considered material to the accounts, are set out below. The charity has adopted the requirements of the Statement of Recommended Practice: Accounting and Reporting by Charities (issued February 20051. Basls of Preparatlon The accounts have been prepared In accordance with applicable accounting standards and under the historical cost convention, modified to reflect the inclL¢sion of investments at market value, and in accordance with the Charities and Trustee Investment Iscotlandl Act 2005, The Charities Accounts Iscotlandl Regulations 2006, the Regulation5 anent Congregational Finance approved by the General Assembly of the Church of Scotland in 2007 and the Statement of Recommended Practice.. Accounting and Reporting by Charities120051. Funds Funds are classified as either restricted funds or unrestricted fLtnds, defined as follows. Restricted 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 pro￿$Se5. but still within the wider objects of the charity. Endowment funds are funds that have been given on the condition that the original capital sum is not reduced, but the Income therefrom is used for the purpose defined in accordance wlth the objects of the charity. Unrestricted funds are expendable at the discretion of the trustees In furtherance of the objects of the charity. If parts of the unrestricted funds are earmarked at the discretion of the trustees for a particular purpose, they are designated as a separate fund. This designation has an administrative purpose only and does not legally restrict the trustees, discretion to apply the fund. Incoming resources All donations and gifts are Included withln incoming resources under either unrestricted or restricted funds according to the terms under which the donation is made and when the amount can be quantified with reasonable certainty. Donations and gifts in kind are brought into the accounts at their market value to the charity. Resources expended Expenditure is recognised on an accruals basis as the liability is incurred. The charity has the right to occupy and use for its charitable objects certain tangible fixed assets, including the Church, halls and manse, vested in the Church of Scotland General Trustees. No consideration is payable for the use of these asset5. Expenditure incurred on the repair and maintenance of these assets is charged a5 resources expended in the statement of financial activities In the period in which the liability arises. Taxation St Andrew's Parish Church is recognised as a charity for the purposes of applicable taxation legislation and is therefore not subject to taxation on its charitable activities. The charity is not registered for VAT and resources expended therefore include irrecoverable input VAT. St Andrew's Parish Church of Scotland, Ayr Charlty Number SC 001757 STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDING 30TH NOVEMBER 2024 Unrestrlrted 2024 Restricted 2024 Total 2024 Total 2023 RECEIPTS FROM GENERATED FUNDS Voluntary Income Activities for generating fund5 Investment Income Other Income Resources (designated and restricted funds) Transfers In Charitable Artivities 17589 5129 194 17589 5129 194 51237 6665 126 7571 7571 4319 TOTAL RECEIPTS 22912 7571 30483 62347 PAYMENTS Cost of generating funds Charitable Artivities Governance Costs Transfers OLSt Restricted Funds 331K)4 33004 51986 4285 4285 4535 TOTAL PAYMENTS 33004 4285 37289 56521 Net incoming resources -10092 3286 -6806 5826 TOTAL FUNDS BROUGHT FORWARD TOTAL FUNDS CARRIED FORWARD 23603 13511 88033 111636 105810 91319 104830 111636 St Andrew's Parish Church of Scotlandi Ayr Charity Number SC 001757 BALANCE SHEET AT 30TH NOVEMBER 2024 2024 2023 CURRENT ASSETS Bank and Cash 104830 111636 NET CURRENT ASSETS Unrestricted Funds 12701 22793 Designated Funds Restrlcted Funds (Fabric, Audio Visual, Steps Repair and Building Repair) 810 810 91319 88033 104830 111636 io St Andrew's Parlsh Church of Scotland, Ayr Charlty Number SC 001757 NOTES FORMING PART OF FINANCIAL STATEMENT FOR THE YEAR ENDING 30TH NOVEMBER 2024 Unrestricted General Fund 2024 Restrlrted 2024 Totsl 2024 Total 2023 VOLUNTARY INCOME Offerings Tax recovered Legacies Donations heat light etc Other income resources Isundriesl 6999 6577 6999 6577 24675 15095 iooo 10467 4013 4013 17589 17589 51237 ACTIVITIES FOR GENERATING FUNDS Fundraising artivities Use of premises Income 525 4604 5129 525 4604 5129 6205 460 6665 INVESTMENT INCOME Income bonds Bank interest 194 194 194 194 126 126 TRANSFERS IN Income bonds sale transfer from reserves INCOMING RESOURCES FROM CHARITABLE ACTIVITIES DESIGNATED FUNDS Building Repair RESTRICTED FUNDS Flower Fund etc 7571 7571 7571 30483 4319 62347 22912 St Andrew's Parish Church of Scotland, Ayr Charity Number SC 001757 NOTES FORMING PART OF FINANCIAL STATEMENT FOR THE YEAR ENDING NOVEMBER 30TH NOVEMBER 2024 Unre5trlcted General Fund5 2024 Restrltted 2024 Total 2024 Total 2023 ANALYSIS OF RESOURCES EXPENDEO Cost of generatin8 funds Offering Envelopes CHARITABLE ACTIVITIES Ministries Mission allocation Presbytery Dues Locum Insurance Council Tax Organ Supply Pulpit Supply Telephone Wages Fabric repair Idesignated repair funds) Heat IiBht Printing advertising Minister5 travel expenses Organisations Donations Sundries 2080 6060 3127 60 150 1228 3200 6981 5793 1554 2757 6060 3127 5737 3039 120 207 iioi 9376 18406 6530 974 1830 150 1228 3200 6981 5793 1554 2757 2095 33004* 2095 2587 3301Y4' 51986* GOVERNANCE COSTS Audit Fee RESTRICTED FUNDS Flower funds etc 4285 4285 4285 37289* 4285 56521 33004* £1 rounding difference 12 St Andrew's Parish Church of Scotland, Ayr Charlty Numbersc 001757 NOTES FORMING PART OF FINANCIALSTATEMENT FOR THE YEAR ENDING 30TH NOVEMBER 2024 STAFF COSTS AND NUMBERS Salaries and Wages Inland Revenue Nat. Insuran Pension £3,200 £0 £0 The average number of employees during the year were as follows 2023 2024 Organist Church Officer/Admini5trator Cleaners Youth Workers O Note cleaner contract ended in Oct-23 All Church of Scotland congregations contribute to the National Stipend Fund which covers the cost of all minister's Stipends and employers, contributions for National Insurance, pension and housing and loan fund. Ministels stipends are paid in accordance with the n3tional stipends scale, which is related to years of service. For the year under review, the minimum stipend was £31,642 and the maximum stSpend In the fifth and subsequent years of Servi￿ was £38.884. TRUSTEE RENUMERATION During the year l Trustee wa5 paid a salary E3,20D 13 St Andrew's Parish Church of Scotland, Ayr Charlty Number SC 001757 NOTES FORMING PART OF FINANCIAL STATEMENT FOR THE YEAR ENDING 30TH NOVEMBER 2024 Tangible Fixed Assets Investments 14 St Andre￿S Parlsh Church of Scotland, Ayr Charity Number SC 001757 NOTES FORMING PART OF FINANCIAL STATEMENT FOR THE YEAR ENDING 30TH NOVEMBER 2024 As at Incoming Outgoing 30-11-2023 Resources Resour￿5 NIL Asat 30-11-2024 NIL Endowment Income RESTRICTED FUNDS Flower Fund Upper Room Tea/Coffee Breckenridge Fund 455 46 86 87446 88033 including Investment fund market value increase 12 467 46 608 6951. 7571 600 3685 4285 90712 91319 UNRESTRICTED & DESIGNATED FUNDS General Fund lincluding Fabric Fundl Reserve Fund 23603 22912 33004 13511 23603 22912 33004 13511 111636 30483 37289 104830 Purpose of Restrlcted Funds Flower Fund Provision of flowers to decorate church and distribute to congregation Upper Room - Outreath to yOL¢ng people Tealcoffee Fund Money raised for charitable donations Breckenridge Fund - Testamentary trust for the benefit of the congregation 15 St Andrew's Parish Church of Scotland, Ayr Charity Number SC 001757 FABRIC FUND YEAR ENDING 30TH NOVEMBER 2024 Receipts Payments Transfers Interest Donations CHURCH New works Repairs MANSE New works Repairs Stjndries Balance b/fwd 810 810 Balance on hand 810 810 16 St Andrew's Parish Church of Scotland, Ayr Charlty Number SC 001757 UPPER ROOM ACCOUNT FOR YEAR ENDING 30TH NOVEMBER 2024 Receipts Payments Sales Balance b Cashcarry Balance on Hand 46 46 46 46 FLOWER FUND ACCOUNT FOR YEAR ENDING 30TH NOVEMBER 2024 NOTCURRENTLY ACTIVE Receipts 12 455 467 Payments Donations Balance blfwd Flowers etc Balan￿ on Hand 467 467 TEAICOFFEE FUND ACCOUNT FOR YEAR ENDING 30TH NOVEMBER 2024 Balance held in Treasurer's Account- not additional fund Receipts 608 86 694 Payments 600 94 694 Donations Balance blfwd Compassion Balance on Hand BRECKENRIDGE ACCOUNT FOR YEAR ENDING 30TH NOVEMBER 2024 Re￿Ipts 4762 2189 87446 94397 Payments 3685 Income Fund value increase Balance blfwd Donations Balance on Hand 90712 94397 17 St Andrew's Parish Church of Scotland, Ayr Charity Number SC 001757 Budget for General Funds 2025 Estimate for 2025 Actual for 2024 Re￿IPtS Offering Tax Recovered Other Offerings Donations Organisation Contributions Use of Premises Interest 20000 6000 4000 6999 6577 4013 4604 525 194 150 Extraordinary income Legacies 30150 22912 Payments Giving to Grow Presbytery Dues Locum Minister's Travel Expenses Telephone Pulpit Supply Wages Cost of Generating Funds Council Tax Fabric Repairs Heat Light Insurance Other Costs Printing & Advertising Organisations Organ Supply Sundries Offering Envelopes 1500 3000 1250 500 3200 2757 1228 150 3200 3400 5000 6000 6100 3127 6981 5793 6060 1500 1554 60 2000 60 2095 Audit costs 33510 23QL4 ** * Note that even with a £0 contribution for Giving to Grow. the budget projects a deflclt. £1 rounding difference 18