The Church of Scotland
Glenorchy and Strathfillan (Church of Scotland)
From 1st January 2024 to 31st December 2024
RECEIPTS AND PAYMENTS ACCOUNTS
Congregation No: 211321 Charity No: SC003179
Receipts and Payments
Reference and Administrative Information
Glenorchy and Strathfillan
Charity Name: Charity Registration Number: SC003179 Congregation Reference No: 211321 Contact Address: 1 Arichastlich Glen Orchy Argyll PA33 1BD
Trustees
Principal Office-bearers
Interim Moderator: Session Clerk Church Treasurer:
Independent Examiner
Bankers
Royal Bank of Scotland, Paisley Chief Office (A) Branch 1 Moncrieff Street Paisley PA3 2AW
Trustees’ Annual Report Year ended 31 December 2024
Structure, Governance and Management
Governing Document
The Church is administered in accordance with the terms of the Deed of Constitution (quoad omnia constitution).
Recruitment and Appointment of Trustees
Members of the Kirk Session are the charity trustees. The Kirk Session members are the elders of the church and are chosen from those members of the church who are considered to have the appropriate gifts and skills. The minister who would be a member of the Kirk session, is elected by the congregation and inducted by Presbytery.
Organisational Structure
The Kirk Session is chaired by the Interim Moderator and meets six times in a year. Certain responsibilities are delegated to the Finance Committee and the Property Committee as appropriate. The Kirk Session is responsible for spiritual affairs within the church.
Objectives and Activities
The Church of Scotland is Trinitarian in doctrine, Reformed in tradition and Presbyterian in polity. 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 the people in every parish of Scotland through a territorial ministry. It co-operates with other Churches in various ecumenical bodies in Scotland and beyond.
Our united parish of Glenorchy and Strathfillan covers a widespread area including the villages of Crianlarich, Tyndrum, Bridge of Orchy, Dalmally, Lochawe, Portsonachan and many outlying farms. The services of Worship take place in Glenorchy Church on the first Sunday of each month and in Bridge of Orchy Kirk on the second Sunday of each month. Occasionally services are held in Crianlarich Hall. The unanimous decision was taken to close Crianlarich Church , and put it up for sale.
Trustees’ Annual Report (cont) Year ended 31 December 2024
Achievements and Performance
We have good connections with various organisations including interdenominational activities with Craig Lodge and the local Primary Schools. The MacGregor Society have positioned their Historical Artifacts in Glenorchy Church, which are attracting many visitors. Our Worship Team has expanded and takes services every alternate month in Glenorchy Church and sometimes in Bridge of Orchy Kirk and Crianlarich Hall as Pulpit Supply continues to be challenging. The congregation numbers have steadily increased. Most employment locally is generated through tourism, agriculture, forestry and the railway. Visitors regularly attend services, particularly pilgrims and those travelling the West Highland Way. Music is provided on several instruments including the accordion. Our church buildings are available to any local groups for social and educational use. New under pew heating has been installed in Glenorchy Church.
Financial Review
The principal source of income is the Standing Orders and also the monthly offerings. We continue to encourage Gift Aid which has shown an increase during this year. The size of the congregation is also slowly increasing. The main financial concern remains the upkeep of the fabric of the 2 remaining churches.
Reserves Policy
It is the Trustees' policy to hold reserves of approximately two year's expenditure. Having united our two parishes, we are erring on the side of caution until the running costs become clearer. At the year end the parish held unrestricted Current Account funds of £43,291. £25,000 of this is a late restricted donation, which will be transferred to the Donald Buchanan Bequest in January 2025. The Church of Scotland holds the - following Funds on our behalf The General Congregational Purposes Deposit Fund £37,212, and the Donald Buchanan Bequest Deposit Fund £43,105. There is also an Income Fund, The Campbell Whitehouse Bequest which pays a dividend directly into the Current Account twice a year.
Trustees’ Annual Report (cont) Year ended 31 December 2024
Statement of Trustees' Responsibilities
The members of the Kirk Session must prepare financial statements which give sufficient detail to enable an appreciation of the transactions of the Church during the financial year. The members of the Kirk Session are responsible for keeping proper accounting records which, on request, must reflect the financial position of the Church at that time. This must be done to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 and the Regulations Anent Congregational Finance approved by the General Assembly of the Church of Scotland in 2007. They are also responsible for safeguarding the assets of the Church and must take reasonable steps for the prevention and/or detection of fraud and other irregularities.
Approved by the Trustees and signed on their behalf,
Session Clerk
Date …… 25/03/2025
Independent Examiner's Report to the Trustees of Glenorchy and Strathfillan Parish
I report on the accounts of the charity for the year ended 31st December 2024 which are set out on pages 7 to 12.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006.
The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
An examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a 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 items or disclosures in the accounts, and seeks explanations from 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 view given by the accounts.
Independent examiner’s statement
In the course of my examination, no matter has come to my attention
-
which gives me reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with Section 44 (1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and
-
to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations.
Name
Email:
Address:
Date 28/03/2025
Glenorchy and Strathfillan
Receipts and Payments Account
Year ended 31 December 2024
| Receipts Note Donations 3 Legacies Bank & Deposit interest Bank Interest Sale of Life & Work Magazine 4 Utility Refund Receipts from General Trustees VAT Refund fr Listed Places Worship Other Receipts Campbell Whitehouse Fund Cons. Fabric Revenue Acc Total Receipts Payments 5 Costs of generating funds Charitable activities Governance costs Total Payments Transfers Excess of Receipts over Payments for the year before transfers Excess of Receipts over Payments for the year |
Unrestricted Funds 2024 £ 9850 9850 168 206 13146 2191 180 3023 28764 23994 23994 4770 4770 |
Restricted Funds 2024 £ 25000 25000 25000 25000 25000 |
Endowment Funds 2024 £ |
Total 2024 £ 9850 9850 168 206 13146 2191 180 3023 28764 23994 23994 4770 4770 |
Total 2023 £ 9652 |
|---|---|---|---|---|---|
| 9652 70 818 |
|||||
| 10540 | |||||
| 16007 | |||||
| 16007 | |||||
| -5467 | |||||
| -5467 |
Glenorch and Strathf illan Statement of Balances At 31 December 2024 Ullrestrirted Re5tTifted ElldOWullt Funds FuDd5 FuDds Total Total 2024 2024 2024 2024 2023 Nole RBS Bank CwTellt Accoullt 13.521 13.521 18.988 Movement in year: Excess of Receipts over Payments for ihe year 4770 25000 29770 -5467 Bank & deposit bAlallfes c%rried forw%rd 18.291 25000 43.291 13.521 Investments at mArket v%lue As at 31st December 2024 oses Fund 37212 37212 20989 Kirk Session Fund 14374 Donald Buchanan Be uest 43105 43105 40964 Assets Gift Aid Receivable 1200 800 Liabilities Cost of repair not yet billed The accounts were approved by the Kirk Session on 25103125. For and on behalf of the Kirk Session
Glenorchy and Strathfillan Statement of Balances
Notes to the Accounts
1. Trustee Remuneration and Related Party Transactions
During the year 2024 no trustee received any remuneration or reimbursement and the Interim Moderator received no reimbursement of expenses.
2. Movements in Funds
| Movements in Funds | |||||
|---|---|---|---|---|---|
| Unrestricted funds Current Account Restricted funds Endowment funds Total funds |
At 1 Jan 2024 £ 13521 13521 13521 |
Receipts £ 53764 53764 53764 |
Payments £ 23994 23994 23994 |
Transfers £ |
At 31 Dec 2024 £ 43291 |
| 43291 | |||||
| 43291 |
Purposes of Restricted Funds
Donald Buchanan bequest is to be used for Glenorchy Church
| Unrestricted | Restricted | Endowment | ||||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Total | Total | ||
| 2024 | 2024 | 2024 | 2024 | 2023 | ||
| £ | £ | £ | £ | £ | ||
| **3. ** | Analysis of Donations | |||||
| Gift Aid Donations | 3873 | 3873 | 3206 | |||
| Tax Recovered on Gift Aid Donations | 1791 | 1791 | 734 | |||
| Ordinary Offerings (Open Plate) | 3099 | 3099 | 4763 | |||
| Activities fr Generating Funds | 505 | 505 | ||||
| Other Offerings, Donations etc | 582 | 25000 | 25582 | 669 | ||
| 9850 | 25000 | 34850 | 9372 | |||
| **4. ** | Analysis of Other Income | |||||
| Life and Work Donations | 168 | 168 | 84 | |||
| Insurance Refund | 221 | |||||
| CampbellWhiteHouseFund | 180 | 180 | 150 | |||
| Receipts from General Trustees | 13146 | 13146 | ||||
| Receipt from Cons. Fabric Revenue | 3023 | 3023 | ||||
| Transfr Acc. 00364798 (Closed) | 168 | |||||
| Utility Refunds/Insurance Claim | 206 | 206 | 195 | |||
| Bank Interest | 70 | |||||
| VAT Tax Recovered | 2191 | 2191 | ||||
| 28764 | 25000 | 53764 | 10260 | |||
| **5. ** | Analysis of Payments | |||||
| Costs of generating funds | ||||||
| Offering envelopes | ||||||
| Charitable activities | ||||||
| Giving to Grow | 1376 | 1376 | 0 | |||
| Presbytery dues | 150 | 150 | 213 | |||
| Minister’s expenses | 12 | |||||
| Pulpit supply | 2012 | 2012 | 2559 | |||
| Fabric repairs & maintenance | 14646 | 14646 | 6599 | |||
| Hall Hire | 62 | 62 | 36 | |||
| Heat and light | 1125 | 1125 | 1362 | |||
| Life & Work Magazine | 168 | 168 | 84 | |||
| Insurance | 2993 | 2993 | 2994 | |||
| Other building costs | 369 | 369 | 126 | |||
| Church office expenses | 14 | 14 | 85 | |||
| Organ & music | 725 | 725 | 775 | |||
| Printing, stationery and postage | 295 | 295 | 71 | |||
| Other expenses | 52 | 52 | 811 | |||
| Charitable Distribution | 0 | 0 | 280 | |||
| Bank Charges | 7 | 7 | ||||
| 23994 | 23994 | 16007 |
Governance costs
Independent examiner’s fees
Other payments
Purchase of investments
6. Minister’s Stipend
All 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. Ministers' 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 in the 5th Year and susequent years of service is £38,884.
| Stipend in the 5th Year and susequent years of service is £38,884. | ||
|---|---|---|
| 7. Collections for Third Parties Ukraine RED CROSS WaterAid |
2024 £ 215 215 |
2023 £ 280 |
| 280 |
APPENDIX
FUNDS HELD ON BEHALF OF THE CONGREGATION
BY THE CHURCH OF SCOTLAND GENERAL TRUSTEES
| CAPITAL ACCOUNT Credit Balances Credit Balances held at 31 December at cost Property Costs Credit Balances held at 31 December at cost Market Value of Balances at 31 December REVENUE ACCOUNT Credit Balance at 31 December TEMPORARY ACCOUNT Debit Balance at 31 December |
2024 £ 137,426.59 -13,146.24 124,280.35 £124,280.35 12,175.00 2987.00 |
2023 £ 86,349.64 51,076.95 |
|---|---|---|
| £137,426.59 | ||
| 8,320.39 | ||
| 291.12 |