## **The Church of Scotland** ## **Stobo and Drumelzier Kirk** **RECEIPTS AND PAYMENTS ACCOUNTS 31st December 2024** ## **Congregation No: 040285** **Charity No: SC 001866** Page 1 **Stobo and Drumelzier Kirk SC 001866 Adminstrative Information 2024** Charity Name: Stobo and Drumelzier Kirk Charity Registration Number: SC 001866 Congregation Reference No: 40285 Contact Address: **Trustees** **Principal Office-bearers** Minister Session Clerk: Church Treasurer: **Independent Examiner** ## **Bankers** Bank of Scotland, High Street, Peebles, EH45 Page 2 Stobo and Drumelzier Kirk Trustees Annual Report Year ended 31st Detember 2024 Structure. Governance and Management Govoming Document The Church is administered in acc￿lanCe vath a unitary c¥nstitukn(￿. Recruitmenl and Appointment of Trustees Members of the Kirk Session are the L*arity tnjstees. The ￿'rk Session members are the elders of the churth and are chosen from th05e members of the thurch vtho are considered to have the appropriate gifts and skills. The minister, is a member of the lfjrk Session, is elected by the congregation and inducted by Presbytery. Organisational Struclure The Kirk Session meets as necessary arKI is respO￿ble for the spiritual and financial affairs wthin the church. It is thaired by the Minister. Objectives and Activities The Church of Sc¥)tland is Trinitarian in doctrrne. Refomied in tradrtion and Presby1erian in Folity. It exists to glorify and to work for the advancement of Christ's lfj"ngdom throughout the world. As a national Church. it acknowledge$ a distinctive call and duty to bring the c*dinan¢es of religion lo the people in every parish of Scotland through a terrttorial ministy. It ctroperates wth other Churches in various ecumenical bodies in Scotland and beyond. Services are nomialty held every Sunday in Slckn unless the￿ is a reason for a United SeNice in one of the other churches in the charge. Services are held in Drurnet￿er at Christmas. Easter and one or other times, and it remains open for weddings arKI funerals. Financial Revi8w The main source of income is Donakn'ons (20 peT cent up on last year at £9,641) and weekly offerings (also up 20 per cent at £ 69081. Both qualrfy for Grft Aid for whith £3.928 was redaimed in the year. Income from Investments increased to £6,512 The aC￿jnts shcw a deficit of £6504 compared to a surplus of £1.811 last year. This signrficant change was mainly due to three factors. M & M {now called Give to Grow} increased by £4000 from a rather low figure in 2023, TheElectricity usage was up £3,000. and expendtture on Fabri¢ increased by £4.400 due to the installation of a toilet behind the Vestry {first mooted in 20171 and improvements to the Sound system. Ajso a lot of dectrical WJfk was carried out following the electrical survey last year. Achievements ans Perforniance The monthly Coffee Mornings in Slckn Village Hall remain the main avenue of reaching out to the wder community. The Church has supported the Peeblesshire Fooj Bank during the year by both a monthly donation and d¢Jnations received at the Coffee Moming5. £1,844 wa5 given during the year bringiThJ the total given since we started supwrt to £7.401 The Church also supwrted a weekly Skills Share Group in Peebles al a net cost of £2,271 in the year. (This expenditure wll not continue in 2025 due to a generous grant to Skill .qhar* hv qRP. Reserves The Kirk Session tries to hokl in reseNe sufficient monies to pay for immediate serious repairs. Both Stobo and DnJmelJer Churches are old and expensive to maintain. normalty requiring speualist architects. material and workmen. STOBO AND DRUMELZIER KIRK TRUSTEES ANNUAL REPORT SCO 01866 YEAR ENDED 31st DECEMBER 2024 Page 4 Statement of Trustees. Responsibilities The members of the lthrk Session must prepare finanual statements Vth￿h give sufficient detsil to enable an appreeiation of the transactions of the Church during the ffinaneial year. The members of the knrk Session I Congregat￿nal Board are responsible for keeping proper ac￿unting records which. on requesL must reflect the financial posits.on of the Church at that tsme. This musl be done lo ensure that the finan￿al statements comply with the Charities and Trustee Investment (Scotlandl Act 2005, the Chartlies Accounts IScoUand} RegulatKJns 2006 and the Regulations Anent Congregalb)nal Finance approved by the General Assembty of the Church of Scolland in 2007. They are also responsible for safeguarding the assets of the Church must take reasonable steps for the rKevention andlor detection of fraud and other irregularit"es. Approved by the Trustees and signed on they beha￿, Session Clerk Date: Ind8pend8nt Examiner's Report to the Tru8t888 of Stobo and Drumelzier I report on the a¢cwnts lor Stobo and D￿rne￿r for the year ended 31st De¢ember 2024 vthich are sel out on Ihe following pages. Respective responsibilities of trustees and examiner The chanty's trustees are reSwSib￿ for the preparatkin of the aceounts in accordance the temis of the Charities and Trustee Investment Iscouand l Act 2005 and the Charities Accounts {Si)￿land) Regulations 2006. The charity trustees consider that the audrt requirements of RegulatK)n 10 {11 {dl of the Accounts Regulations does not apply. It is my resp￿sibIlity lo examine the accounts as required under section 44111 Ic l of the Act and to stale whether particular matters have come to my attentIc￿. Basis of independent examiner's slatement My examination is carried out in accordance with RegulatM)n 11 of the Charities Accounts (Sco￿and) Regulations 2006. examnation includes a review of the accounts'ng records kept by the charity and comparison of the accounts presented with those records. h also includes ¢￿51deratIOn of any unusual items or di5¢105ures in Ihe a￿nts. and seeks explanab)ns from the trustees concemiThJ any suth matter5. The proeedures undertaken do not provide all the evidence that would be required in an audit. and consequently I do not express an audit oP￿￿)n on the wew given by tt)e accounts. Independent exarniner's statement In the course of my exaMinatic￿. no matter has I￿)e to my attent 1. whieh gives me reasonable cause to believe that in any material respect the requirements: to keep accounting ree**Stobo & Drumelzier K**|~~8~~
**Stobo & Drumelzier K**|**irk**|
**4**|
**4**||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||**otes t**|**o the Accounts**|**202**||||||| ||||||||||||||| ||||**At 31 Dec 23**|||**Receipts**||**Payments**||**Movement**|||**At 31 Dec 24**| |**1**|**Unrestricted Funds**||||||||||||| |||CofS Investors Trust:
Congregational Purposes|1,105|||58||1,163||-1,163|||0| |||Current Account - Bank of
Scotland|7,512|||||||0|||1,008| ||Sub Total||8,617||||||||||| ||**Restricted Funds**||||||||||||| |||Fabric Fund: CofS Investors
Trust|
196|||10||206||206|||0| ||**Total funds**||**8,813**|||86|||||||**1,008**| |**2**|**Investments**||Value 31 Dec 23|||Price 31 Dec 23||Price 31 Dec 24||Price
Difference||Appreciation
in market
value|Value 31
Dec 24| |||Growth Fund -2404 units
plus 4572 units purchased
October 2022|40,670.00|||5.83||6.38||0.55|||44,507.00| |||Income Fund - R Hall
Bequest - held in CofS
Income Fund (3872 units)
plus 1,074 purchased in
2022|54,208.00|||10.96||11.06||0.10|||54,703.00| |||M & G Charifund|29,245.00|||1435.00||1472.00||0.37|||30,004.00| |||CCLA COIF Fund|27,204.00|||1985.50||2037.73||52.23|||27,933.00| ||**Total Investments**||**151,327.00**||||||||||**157,147.00**| ||**Grand Total**||**160,140.00**||||||||||**158,155.00**| ||||||||||||||| ||||||||||||||| |**3**|**Analysis of Donations**||**Unrestricted**
**Funds 2024**|**N**|**otes**|**Restricted**
**Funds 2024**||**Total 2024**||**Total 2023**|||| |||SOs and Donations|9,641|||||9,641||8,211|||| |||Ordinary Offerings (Open
Plate)|6,908|||||6,908||5,562|||| |||Tax recovered byGift Aid|3,928|||||3,928||4,410|||| |||Legacy|0|||||0||0|||| |||Total Donations and Tax
Recovered|20,477|||||20,477||18,183|||| |**4**|**Fund Raising Events**||2,670|||||2,670||2,079|||| |**5**|**Refunds**||614|||||614||333|||| |**6**|**Weddings / Funerals / Special**
**Services / Grants**||100|||||100||250|||| |**7**|**Investment Income**||7,884|||||7,884||5,755|||| ||**TOTAL RECEIPTS**||31,745|||||31,745||26,600|||| ||||||||||||||| |**4**|Fundraising events - Coffee Morning do||nations and Stobo Garden Open||||||||||| |**5**|Refunds in 2024 related to overchargingbythe electricitysuppliers||||||||||||| ||||||||||||||| |**6**|There were no weddings in 2024 but one funeral whogave a donation
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