2024-12-31-accounts

CREICH & KILMANY Church of Scotland Receipts and Payments Accounts for the year to 31" December 2024 (Congregational Number 261548) (Charity Number SC001907)

Reference and Admlnlstrntlve Infonnatlon Ch8rity Name Creich, Flisk and Kilmany Church of Scotland. Charity Registr8b"on Number SC001907 Congr8gation Reference No.. 261548 ContaciAddress Creich Flisk and Kilmany Churth 31 Kjrkgate Cupar Fife Principal Office Bearers Locum Session Clerk.. Church Treasurer. Inde ndent Examiner Banker The Bank of Scotland The Cross Cupaf KY15 4BP Page 1

Trustees, Annual Report Year ended 31" December 2024 Structur•, Governance and Managem•nt Governing Document The Church is administered in accordance with the tems of the Deed of Constitution (or Deed of Constitution IUnit8ry Fomi)) Recruitment and Appolntment of Trustees Members of the Kirk Session and the Congregational Board are the charity trustees. Th• Kirk Session members are the elders of the church and are chosen trom those members of the church 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 Presbytery. 'The interim moderator, who is a member of the Kirk Session, is appointed. pro tem by the Presbytery. Organisatlonal Structure have a Unitary Constitution. Certain responsibilities are delegated to the Property &)nvener as appropriate. The Kirk session which meets at least four times a year is responsible for s iritual affairs within the church. ObJectlve8 and Actlvltie8 The Church of Scotland is Trinitarian in doctrine, refomed in tradition and Presbyterian On polity. It exists to glorify God and to work for the advancement of Christ's Kingdom throughout the worfd. As a national Church. it acknowledges a distinctive call and duty to bring the ordinances of religion to the people in every pansh of Scolland through a temtorial ministry. It Co-operates with other Churches in various ecumenical bodies In Scotland and beyond. Tho MIs8ion Ststement of Creich, Flisk and Kilmany Church of Scotland is.. Knowing Jesus Fellowship together Community Seniice Our Church is together for the joumey To fulfill this mission, the Church engages in the following activities. 1 c￿l¢h Church has service of worship every Sunday at 11am 2. On the first Sunday of the month refreshments are seNed after the service to enable fellowship to take place 3. Members are supported in their spiritual needs via a system of elders, districts. 4. To communicate within the parish and beyond the pansh boundaries we maintain a ¢hurch website ctkchurch.WOTdpress com 5. Keeping In touch 15 produced weekly, this is emailed or posted to members and othws in the area 6. the ￿N￿rship team continue to take part in services and assist locum. Page 2

1. We continue to be part of the North Fife duster group of W)rmit and Balmenno, Newport, TayFrt)rt and Leuchars, St Athemase Achievements and Performance IS our locurn lakes a service On￿ a month to assist our locum s our Interim Moderator 2 We continlie lo support a child in Central Amenca through Compassion
2. Harvest Th8nksgiving gifls wer8 donated to Gilven House in Glenrothe8. With gifts ol money goin9 to the Church
3. Christmas C8rol Evening service was organized by the worship team
4. Members of the congregation read the lesson on a Sunday and P8￿c1pate in worship by leading prayers at Christmas, Easter and Remembrance Sunday
5. Once a month the church runs an Aftem¢)on Club where member5 of the congregation and the community meet for fellowship In July and August VE have Strawbery leas
6. have fortnightly Bible Study are held in the church building and a prayer Yrnlk on the other Mondays
7. VIÈ link with other churches in our clusler
8. 1*iÈ resp)nd to local, national and intemational needs, Compassion, Gilven House in Glenrothes, The Salvation Arniy, The Taybndge Fooj Bank. 10 In June we held a plant sale in the church car park. to r8ise funds for the church Flnanclal Revlew Principal source of income continues to be don8ts.ons from rnembers along V•ith relat8d gift aid. income from these sources increased by 16%. Reserve8 Pollcy At year end unrestricted funds total £65,483 of which £3254 is designated for fabric . We aim to leave reserves equivalent to 6 months expenditu￿. We would continue to fulfill our mission statement even if our income unexpectedly deC￿aSeS in the o)ming year. Page 3

ststement of Trustees, Responsibilities The members of the Kirk Session I Congregational Board must prepare financial statements which give suffiaenl detail to enable an appreciation of the transactions of the Church during the financial year. The members of the Kirk session I Congregational Board are responsible for keeping proper accounting records which, on request. must reflect the financial posilion of the Church 81 that time. This must be done to ensure that the financial statements comply with the Charilies and Trustee Investment IScotland} Act 2005, the Charities Accounts (Scolland) Regulations 2006 and the Regulations Anent Congregational Finance approved by the General Assembly of the Church of Scotland in 2012.They are also responsible or safeguarding Ihe assets of the Church and must take reasonable steps for prevention and lor detection of fraud and other irregularities. Approved by the Trustees and signed on their behalf. Date 26102125............... Page 4

Creich, Flisk and Kilmany Church of Scotland SC 001907 Independent Examiners report to the Trustees of C￿l¢h, Flisk and Kilmany Church of Scotland I report on the accounts of the charity for the year ended 31" December 2024 which ar• set on pages 6 to 9 Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts in accordance with Ihe terms of the Chanties and Trustee Investment (Scotland) Act 2005 and Charities Accounts (Scotland) Regulations 2006 The charity trustees consider that the audit requirement of Regulation 10{1) {d) of the Accounts Regulations does nol apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and state whether pattcular matters have come to my allent'on. Basis of Independent examiner's statement My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination indudes a review of the accounting records kept by the charity and a companson of the accounts presented with these records. It also inclL#Jes consideration of any unusual items or disclosures In the a(£ounts, 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 nol express an audrt opinion on the view given by the accounts Independent examiner's ststement In the course of my examination of the statement of acwunt for the year ended 31 St December 2024, no matter has come to my attenbon. 1. INhich givès me reasonable cause to believe that in 8ny material respect the requirements,. to keep accounting records in accordance with Section 4411) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations. and to prepare accounts which accord bwth the accounting records and comply with Reg￿ationS 9 of the 2006 Accounts Regulations have not been met. or 2. To which, in my opinion, attention should te drawn in order lo enable a proper understanding of the accounts to be reached.

Creich Fli8k and Kilman Church of Scotland Recei tsandPa ments Accounts Year ended 31" December 2024 Unrestricted Funds Restricted Funds Total Total 2024 2024 2024 25465 20 21932 Donations note 3 Weddin s & Funerals Activities for Generatin Bank & De sit interest Investment Income funds 390 390 430 1564 1564 1390 23752 Rental of Premises Sale of assets Refund of M&M Grant LPW , Receipts from Gener81 Trust88S Other receipts Total Recelpts 222 5893 20783 5893 20783 14772 54095 54095 38746 Costs of generating funds Chantable activities note4 46366 46366 33307 Other payments Total payments 46366 Surplus on recei P8yments for the ye8r before transfers Transfers 7729 7729 5439 Page 6

Creich Flisk and Kilman Church of Scotland ststement of Balances At 31°, December 2024 Unrestricted -1 Restricted Funds Funds Total 2024 2023 Bank & Deposit Balances Bank and deposit balances brought forward Movement in year: EX￿$S of recei ts.over Payments for the year Bank & depK)Sit balances Carried forward 54500 54500 49(A1 7729 7729 5439 62229 62229 54500 Investments at market value Cost £29664 Assets Gift Aid receivable Liabilities 73900 3000 3000 2750 The accounts were approved by the Kirk Session on: Date 26102125 For and on behalf of the Kirk Session Page 7

Creich Flisk and Kilman Notss to the Accounts. Church of Scotland 1. Twstse Remuneration and Related Party Transactions During the year no trustees received reimbursements of expenses. No trustee or person related to a trustee had any interest in any contract or transacti)n entered into dunng the year. 2 Movetnenl in ￿nds Movements in funds At 1" January At31" December 2024 2024 Recei Pa ments Transfers Unrestricted funds Desi nated Fabric Fund Con a￿(￿al funds 3254 54500 3254 62229 54095 46366 Restricted Funds Total funds 57754 54095 46366 65483 Propose of Designated Fund(8) Desi ro nated Fabric Fund - The Trustees have set aside funds for the Maintenan￿ of Church Unrestricted Funds 2024 Restricted Funds Totsl 2024 Totsl 2023 3. Anal Sis of Donations I￿0 Scheme NonGift Aid Gift Aid Donats'ons Tax recovered on GA donats.ons Ordina offerin late Other offerin Donations 828 11524 7035 3027 3051 25465 828 11524 7035 3027 3051 25465 929 10864 3342 3180 3617 21932 4. Analysis of Payment Costs of eneratin funds Investment Mana ers, fees Offenn envelo Page 8

Charitable activlties 2024 3120 534 2023 Presb dues volunta￿AdditIonal Sti Locum ex nses Locum Pul Itsu 415 674 13682 633 10589 Ei I Other staffiLcosts Fabric repa_irs and maintenance Other ex nses He8t and Li ht Insuran Statione c.c.c.i. 2797 20634 70 2017 1910 733 195 2628 15212 185 1080 1855 524 186 and sts 46366 Governance costs Independent examiners fees other.￿ments Purchase of assets Purchase of investments 5. Mlnlster's Stlpend All the Church of Scotland congregations contribute to the National Stipend Fund which bears the costs of all ministers. stipends and employer's contributions for national insurance, pension and housing and loan fund. Minister stiFends are paid in accx)rdance with national stipend s¢8le which is related to years of service. For the year under review the Minimum stipend £31,642 Maxirnum stipend in the 5" and subsequent years of service £38,884 8. Collectlom for Thlrd Partles 2024 452 894 2023 Com assion bank Ta bnd e fTr)d bank Earth uake in turke Cameroon Pro. Salvation Arm 697 220 175 269 200 Gilvan house Harvest ￿lUCe Paga 9

FUNDS HELD ON BEHALF OF THE CONGREGATION BY THE CHURCH OF SCOTLAND GENERAL TRUSTEES CONSOLIDATED FABRIC REVENUE so 2024 23420 26887 2023 Opening balance Interest, dividends, de Admin Credit balance at 31. December osit 18912 495 23420 47929 CONSOLIDATED FABRIC FUND CAPITAL 56 2024 496979 20783 2023 50618 14772 5571 496979 Openin9 balance Property. costs Transfer of funds from {55) 476196 Page 10