O sign.com Oocumeni ID: 9&26*1088 - Page 1111 The Church of Scotland North Mull (Church of Scotlandl Receipts and Payments Accounts 2024 Congregation No: 211320 North Mull {Chur¢h of Stotlandl SC002878
O sign.com Oocumeni ID: 9&26*1088 - Page 2111 Reference and Administrative Information Charlty Name: Charity No- Congregation Reference No.. North Mull (Church of Scotlandl SC002878 211320 Bankers Virgin Money. 20 Main Street, Tobermory. Isle of Mull, PA75 6PY Page I
O sign.com Oocumeni ID: 9&26*1088 - Page 3111 Trustees. Annual Report Year Ended 31 December 2024 Strurture Governance and Management Governing Document The Parish of North Mull (Church of Scotlandl is administered with the terms of the Deed of Constitution (Unitary Forml. Recruitment and Appointment of Trustees Members of the Kirk Session are the Charity Trustees. The Kirk Session members are the elders of the Charge and are chosen from those members of the Charge 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 inductèd by thè Prèsbytèry. Organisational Structure The Kirk Session, which meets monthly, is responsible for the spiritual, fit7ancial and organisational affairs with the Parish. It meets every 4-6 weeks in person with thè option to join by zoom. Urgent business bètwèèn is conductèd by èmail. Objectives and Activities The Church of Scotland is Trinitarian in doctrin8, Reformed in tradition and Presbyterian in policy. It exists to glorify God and to work for the advancement of Christ's Kingdom throughout the world. As a national church, it acknowledges a distinctive call and duty to bring the ordinances of religion to thè people in every parish of Scotland through a territorial ministry. It co-operates with other churche5 in various ecumenical bodies in Scotland and beyond. Achievements and Performance North Mull Parish covers a large araa of the Isle of Mull. There are four churchas, at Craignure, Darvaig , Salèn and Tobérmory. Thérè aré 129 mèmbers and 54 adherènts. From January to 31st july the Minister was who then demitted. During the vacancy the Interim Moderator waOn the 30th November the was inducted to the parish of North Mull, linked with lona and the Ross of Mull. The linkage took plce on 1st August. The linked parishes are part of the Presbytery of the Habrides and Highlands Iclèir Eilean11 Worship is conducted in all four churchés every Sunday. When thère is no Minister availablé, worship is led by a team of trained worship leaders supported by other members of the congregation5. Other worship activities include Messy Church and an art project. An ecumenical service was held involving all Christian groups, and special Christmas and Easter services Were well attended. The halls are wall used for social activities, both church events and other groups. Warm Placas is a weakly evènt in thè winter, open to all, with a bowl of soup and a warm welcome. Pro There are four churches, two with halls attached. and the manse of the parish. Every effort is made to keep these properties in good condition. Health and safety policies are in place, and quinquennial inspèctions are made by Presbytery. Electrical installations meet required standards. Considerable effort and expense was spent during the year to rèpair and rènovate the manse in readiness for the incoming Minister. The house in Tobermory known as Fairhaven, built for a possible assistant Minister, is about to be sold. Audio-visual equipment has been installed in Tobermory and Salen churches enabling live streaming of servicès including funèrals. The equipment is portablè enough to be taken to Page 2
O sign.com Oocumeni ID: 9&26*1088 - Page 4111 Craignure and Dervaig churches when required. Finance During the year the Treasurer resigned and it was decided that the task was now too big and omplex for a volunteer. and a professional bookkeeper was employed (The Highland Bookkeeper). There are challenges making income meet the requirements of expenditure, especially electricity, so fijndraising activities are held regularly. Investments and capital are held in Church of Scotland central funds. The parish manages the Macquarrie Trust, a fund established about 1820 for 'the poor of the parish., , these Accounts are kept separately and filed independently. Where relevant, expenses are shared with lona and the R05s of Mull parish at an agreed 70/30 ratio. North Mull are grateful to for her diligence and 8fFiciency. Flnantlal RÈVIÈW The principal source of income of the charge is from the weekly offering. given either in the Open Plate or via Standing Order. Gift Aid is promoted whenever possible and appropriate and this year we have successfully set up a new account for the united churches and claimed some back dated Gift Aid relief. Wè have continuèd to use Enthusè this year, however due to thè incrèasè in monthly subscription fees we have decided to move to Paypal from next year. Reserves Policy It is the trustee's policy to hold reserves of approximately three months expenditure including designated funds. At thè year Ènd the parish hèld unrÈstrictÈd cash funds of £6,770. Money has been drawn down from the Conslidated Fabric FLJnd reserves held centrally) to cover cost5 of repairs to the manse upon the retirement of nd the appointment o A surplus of funds was deposited into the Deposit Fund at the beginning of the year which is held for future congregational purposes. StatÈment of Trusteès, Responslbllltles The members of the Kirk Session must prepare with the Treasurer financial statements which give sufficient detail to enable an appreciation of the transactions of the Charge during tha financial year. The membèrs of the Kirk Session are responsible for the keeping of propèr accounting records which, on request must reflect the financial position of the Charge at that time. This must be done to ensure that the financial statements comply with the Charities and Trust Investment (Scotlandl Act 2005. the Charities Accounts (Scotlandl Regulations 2006 and the Regulations Anent Congregational Finance approved by the General Assembly of the Church of Scotland and must also takè responsibility for thè safeguarding of the assets of the Charge and must take reasonable steps for the prevention andlor detertion of fraud and other irregularities. Approved by the Trustees and signed on their behalf. 24103/2025 Se55ion Clerk Date Page 3
O sign.com Oocumeni ID: 9&26*1088 - Page 5111 Independent examiner's report to the Trustees of North Mull (Church of Scotland) I report on the accounts of the charity lorthe period ended 31st December 2024 which are set out on pages 5 to9. Respective responsibilities of directors and independent examiner The charity's Trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment Iscotlandl Act 2005 and the Charities Accounts (Scotlandl Regulations 2006. The charity's trustees consider that the audtt requirement of Regulation 10111 Idl of the Account5 Regulation5 does not apply. It is my responsibility to examine the accounts as required under section 44llllc l of the Act and to state whether particular matters have come to my attention Ba515 of independent examiner's 5tstement My examination was cariied out in accordance with Regulation 11 of the Charities Account (Scotlandl Re8ulations 2006. An examination includes a review of the accountin8 records kept by the charity and a comparison of ihe accounts presented with ihose records. It also includes consideration of any unusual iiems or disclosure5 in the accounts. and seeking explanatlOn5 frown the trustees concerning any such matters. The procedures 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 accounts. Independent ex8mlner'$ siatement In the course of my ex3mination. no matter has come to my attention which 8ives me reasonable cause to believe that in any material respert Ihe requirements to keep accounting records in accordance with section 44111 lal of 21X)5 Act and Regulation5 4 of 21X)6 Accounts ReBulation5. and to prepare accounts which accord wtth the accountin8 records and to comply with Re8ulation 9 of the ?0[ Accounts Regulations have not been met, or to which. in opinion. attention Should be drawn in orderto enable a proper undeistanding of the accounts to be reached. Name: Signatur Add$$.. Date". 2710312025 Page 4
m Sipy tom t14)cumeni ID: 9&26*1088 - Page 6111 North Mull (Church of Scotland} Recelpts and Payments Account as at 31st Dec 2024 Unrestrlcted Restrlcted Endowment Funds Funds Funds Total 2024 Total 2023 Note Receipts Donations 47475 5761 53236 49940 Legacies Activities Generating funds Bank & Deposit Intérèst Investment Income 1297 1297 1550 606 5124 5124 3297 54503 5761 60264 54841 Rental of Hall PremIS 9168 9168 9469 Grants Other Receipts General Trustees receipts Sale of Assets/lnvastmants Total RÈceipts 2570 10346 12916 3720 5030 32558 5030 32558 8861 44891 8C(J 103828 16107 119935 122582 Payrnents Costs of generating funds Charitable activities Governanco Costs Other Paymènts Total payments 97058 4652 101710 94783 5346 9998 5346 107056 97058 94783 Extèss of RècÈlpts over Payments before transfers 6770 6109 12879 27799 Transfers Excess of Receipts over Payment5 for the year 6770 6109 12879 27799 Page 5
m Sipy tnm t14)cumeni ID: 9&26*1088 - Page 7111 North Mull {Church of Scotland) Statement of Balances as at 31st December 2024 Unrestricted Funds Restrlctsd Funds Endowment Funds Total 2023 Total 2024 Bank and Dèposlt Balantès Bank and deposit balances b/f 63144 4195 67339 39540 Movement In year: Excèss of Recèipts over Payments for the year 6770 6109 12879 27799 Bank and deposit balances c/f 69914 10304 80218 67339 Investments at market value North Mull - unrestricted Cos Investors Tob- unre5trirted Cos Deposit 164540 164540 150356 164540 164540 150360 Assets Gift Aid Receivable Audio equip Tob BT shares Iberdola SSE Lloyds Banking 4885 4885 5346 219 6964 5346 190 273 197 571 370 11665 650 323 8324 4885 5346 Uabllltles Preparation of Accounts The accounts were approved by the Kirk Se55i0n and Financial Board on Signed for and on behalf of the Kirk Session and Financial Board. Session Clerk 20.03.2025 Treasurer 20.03.2025 NB.. Due to the omission of the Fabric Fund Income from year end 31.12.2023 Accounts, the opening balance has been amended to reflect the correct figures. Page 6
m sipn.com Oocumeni ID: 9&26*1088 - Page 8111 North Mull {Church of Scotland) Notes to the accounts For the year ended 31st December 2024 l Accounting policy These accounts have been prepared on the Receipts and Payments basis. 2 Trustee Remuneratlon and Related Party Transactlons The minister of the Church received re-imbursèment of travel, broadband, and any other relevant expenses amounting to £2307.14, £1818.55 of this has been paid in the following year. No trustee or person related to a trustee had any personal interest in any contract or transaction entered into by the charity during tha year. 3 Movements In Funds Atljan 2024 At 31 Dec 2024 Receipts Payments Transfers Unrestrlrted Funds Fabric Fund Idesignatedl General Fund 6636 57731 64367 32558 71271 103829 25563 71495 97058 13631 57507 71138 Restrlcted Funds Young persons Tobermory Hall Island Hearts for Arts Audio equip Environmental report Warm spacès 1187 2267 2769 135 4612 2392 3204 4747 2013 -2142 379 5346 1650 1650 3632 1938 1694 2972 16106 9998 Total Funds 67339 119935 107056 80218 Pur oses of desi nated funds Fabric Fund= The Trustèes have set aside funds for the maintenance of the church property and mansè. Pur oses of Restricted Funds Young Persons Fund.. This fund is to be used for the benefit of the young persons group, this includes Youth Club and Messy Church. Tobermory Hall= This fund is to be used for the renovation of the Tobermory hall. Island Hearts for Arts.. Thi5 fund is used for the Island Hearts for Arts projert. Audio equip.. This fund is to be used for the purchase of audio equipment. Evironmental report.. This fund is ring-fenced for the environmental report. Warm spaces.. This fund is to be used for the purposes of the warm spaces soup kitchen. Thè Macquarrie Trust". hold separate Accounts but are administerèd by the Kirk Session and Trèasurèr. Page 7
O sign.com Oocumeni ID: 9&26*1088 - Page 9111 Unrestricted Restricted Endowment Funds Funds Funds Total 2024 Total 2023 4. Analysls of Donatlons Weekly Free Offarings Inon GAI Gift Aid donations Tax recovery on Gift Aid Ordinary Offerings (open platel Other Offerings, donations 16654 16654 19415 4792 4792 4885 19360 7544 6964 12951 6971 19360 1784 5761 47475 5761 53236 49941 5. Analysls of Other Recelpts Life and Work Fundraising 210 4820 5030 210 4820 5030 8198 8861 6. Analysls of Payments Unrestricted Restrirted Endowment Funds Funds Funds Totsl 2024 Totsl 2023 Cost of generating funds Charitable activitles Ministrie5 & Mi55i0n Giving to Grow Prebytery Fees Ministers Expenses Pulpit Supply Manse operating costs Council Tax & Ins Maintenance Fairhaven Hall operating costs Church operating costs Heat and Light Insurancé Telephone Environmental Impaci Church maintenance Cleaning Ground5 Upkeep Repair5 and Maint Organ and Music Office/General Admin Expenses Financial Mgmt Bank Charges Printing/Stat/P05tage Life and Work Pastoral and Community services Young Person5 23451 23451 27070 1027 3803 566 833 566 833 1926 1926 3114 25563 25563 140 16365 16365 7203 6703 6703 6367 927 927 1650 1650 150 150 259 1243 1243 1934 9587 9587 44(X) 32380 3280 2946 2946 711 510 510 716 378 210 378 210 447 1056 386 386 108 Page 8
O sign.com Oocumeni ID: 9&26*1088 - Page IOJII Warm Spaces Messy Church Other service/events Crafty Church Island Hearts for Arts 1938 1938 2594 299 299 422 588 178 379 379 97058 4652 101710 94781 Governance costs Independent Examiners Fees Other payments Purchase of assets Purchase of Investments 5346 5346 5346 5346 7 Mlnlster's Stlpend All Church of Scotland congregations contribute to the National Stipend Fund which bears the cost of all ministèrs, stipends and èmployér's contributions for national insurance, pension and housing and loan fund. Minister's stipends are paid in accordance with the national stipend scale, which is related to years of service. For the year under review, the minimum stipend was £31,642 and the maximum stipend lin the 5th and subsequent year of sorvicel is £38,884. 8 Collectlons for Thlrd Partles 2024 2023 Christian Aid Brain Tumour Resoarch 1207 1137 DEC 1312 Shelter Scotland RNLI Tobermory Alzhèimers 522 243 223 Breast Cancer UK 384 2198 3214 Page8 9
m tnm Oocumeni ID: 9&26*1088 - Page Illll Funds held on behalf of the Congregation By The Church of Scotland General Trustees 2024 2023 CAPITAL ACCOUNT Cradit balances held at 31 December at cost 76701 91990 Market Value of balances at 31 December 100403 150356 RESERVE ACCOU Credit balance at 31 December TEMPORARY ACCOUNT Credit balance at 31 December Page 10