COWDENBEATH: TRINITY CHURCH OF SCOTLAND
SCOTTISH CHARITY: SC003799 CONGREGATIONAL NUMBER: 241456
Trustees Annual Report Receipts and Payments Accounts For the year ended 31[st] December 2024
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Reference and Administration Information
Charity Name:
Cowdenbeath: Trinity Church of Scotland
Charity Registration: Number: SCO03799 Congregational Reference: 241456
Contact Address: Cowdenbeath Trinity Church, Sinclair Drive, Cowdenbeath, Fife, KY4 9PA.
Trustees
Locum Minister:
Session Clerk: Treasurer: Independent Examiner:
AMG Chartered Management Accountants 74 Bank Street, Lochgelly, KY5 9QN
Bankers: Bank Of Scotland 349 High Street, Cowdenbeath, KY4 9QJ
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Governing Document
The Church is administered in accordance with the terms of the Deed of Constitution (Unitary Form).
Recruitment and Appointment of Trustees
Members of the Kirk Session are the Trustees. The Kirk Session members are elders of the church and are chosen from those members who are considered to have the appropriate gifts and skills to enable them to serve.
Organisational Structure
The Kirk Session is moderated by the Minister / Interim Moderator and would normally meet at least six times per year. The Kirk Session is responsible for spiritual affairs within the church and oversees the works delegated to committees who are responsible for Fabric, Finance, Pastoral care, Worship and Outreach, Administration and Communications.
Objectives and Activities
The Church of Scotland is Trinitarian in Doctrine; Reformed in tradition and Presbyterian polity. It exists to glorify God and to work for the advancement of Christs Kingdom throughout the world.
As a national church, it acknowledges a distinctive call and duty to bring the ordinances of religion to the people of every parish in Scotland, through a territorial ministry. It co-operates with other churches in ecumenical bodies in Scotland and beyond.
Activities
Services of Worship are held every Sunday at 1030am, alternating between the churches at Cowdenbeath and Crossgate. These services are also available via the Zoom platform for those not so able to attend in person. Additionally, the first Sunday of the month, starting from September 2023, joint Sunday services have been arranged by the clustered three churches as identified by the Fife Presbytery Mission Plan, to form a Union. Each Church taking in turn to facilitate and conduct worship.
Church groups, such as the Guild, Sunday School, Friendship Group continue to meet regularly in the halls with fluctuating numbers. The Church run cafés continue to meet on Tuesdays at Crossgate and Thursdays at Cowdenbeath where members and members of the community meet for warm spaces, tea/coffee, friendship, and general chat. Some grant funding has been received from the Fife Council to assist with warm spaces and is being put to good use.
The community groups continue to use the halls on a regular basis. These include the Line Dancers, Zumba and a new Parent and Toddler group (November 2023). The halls are regularly used for Birthday parties and social events and used by the “my Cowdenbeath” community group for their events. These not only bring some funding help towards the Church funds but are also an opportunity for outreach and serving the community.
Achievements and Performance
The Worship Group continue to provide cover for services when the Minister takes some holiday leave. The group has held a service at a local care home and in the process of arranging to meet with the other care homes in the area.
We appointed
as the new Pastoral Care co-ordinator are the retiral of
who had served for many years.
The Treasurer , retired early in the year, many thanks are extended to the work, and commitment shown over her many years of service. While we seek a replacement, the Session Clerk is standing in meantime.
The Elders undertook a refresher training course for the Safeguarding requirements. appointed as the new Safeguarding co-ordinator after the resignation of service.
has been , with thanks for her
The Fabric committee require a new convenor due to the retiral of the previous. The Session Clerk is standing in meantime.
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The flower ministry continues to distribute flowers that have adorned the sanctuaries to the sick, bereaved and celebrations. The donations are always welcomed, and thanks are extended to these donations and to the organisers.
The Session Clerk was appointed the Presbytery Elder.
Financial Review
Whilst we continue to maintain a steady income, but with ever increasing costs across the board, for example, utility, maintenance, and pulpit supply, it has become more difficult to balance the books. We were fortunate and pleased to accept a substantial legacy left by the , for the work of the Church. Thanks, are also extended to those who have reviewed and increased their offerings and to those who continue to subscribe to Gift Aid where we can reclaim tax as income.
Monies held in our consolidated funds have had to been drawn upon to help pay our bills. This facility only has a limited time with the monies held until there are no reserves. Members are again encouraged to review contributions for the Church to be viable. It should be noted that the external use by the community hiring the halls, make up approximately one third of our total income.
Closing Fund Balance (including all bank accounts and investments) as at end 2024. £35,712 Note: This total does not include consolidate fabric fund.
Statement of Trustees Responsibilities
The members of the Kirk Session are required by the Charities and Trustees Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and the regulations anent Congregational Finance approved by the General Assembly of the Church of Scotland 2007, to prepare Financial Statements, giving sufficient detail to enable an appreciation of transactions of the Church during the year.
The Kirk Session is also responsible for the safeguarding of the Church assets and to take responsible steps and for the prevention of fraud or other irregularities.
Approved by the Kirk Session and signed on their behalf:
Date: ……7[th] April 2025………………………
Signed:
Session Clerk
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Independent Examiner’s Report For the year ended 31st December 2024
Independent Examiner’s Report to the Trustees of Cowdenbeath Trinity Church
I report to the accounts of the charity for the year ended 31[st] December 2024 which are set out on pages 5-13
Respective Responsibilities of Trustees and Examiner’s
The Charity’s Trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustees Investment (Scotland) Act 2005 (“the 2005 Act”), Charities Accounts (Scotland) Regulations 2006 (as amended) (“the 2006 Regulations”). The charity’s trustees consider that the audit requirement of Regulation 10(1)(d) of the 2006 regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1)(a) of the 2005 Act and to state whether any matters come to my attention.
Basis of Independent Examiner’s Statement
My examination is carried out in accordance with Regulation 11 of the 2006 Regulations. 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 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.
Independents Examiner’s Statement
In the course of my examination, no matter has come to my attention for this year’s accounts, there is a small discrepancy which I cannot reconcile for last year’s closing balances presented in consolidated cash funds as reconciling item:
-
Which gives reasonable cause to believe that, in any material respect the requirements:
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1.1 to keep the accounting records in accordance with section 44(1)(a) of the 2005 Act, and
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1.2 to prepare accounts which record with the accounting records and comply with Regulation 9 of the 2006 Regulations have not been met, or
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To which in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
igned ------------------07/04/2025------------------- Dated
AMG Chartered Management Accountants 74 Bank Street, Lochgelly, Fife, KY5 9QJ T. 01592 780038
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Scottish Charity SC003799 Cowdenbèath Trlnlty Churth Congregatlonal Number 241456 Consolidated Receipts and Payments Account Year ended 31st Decernber 2024 Total 2024 Total 2023 RECEIPTS Unrestricted Restrirted Endowments Notes Donations 35.461 10.119 35,461 10,119 5,CNXI 20,000 35,948 Gift Aid Legacies Fund Raising Interest Investments 167 167 140 Rental of Halls 6.636 6,636 3,065 4,409 19,792 Grants Fund Transfers 6,103 941 6,103 941 Cash Other 3.134 3,134 7,852 Total Rocelpts 167 67.561 91,206 Payrnents Cost of Generating Funds Charitable Activities 429 429 73,030 73,030 65,692 Governanca Special Collections for Third Parties 2023 1,358 420 1,358 420 1,533 Cash Other Payments Total Payments 75.237 75.237 67.225 Excess Recei ts over ments -7,843 167 -7,676 23,981 Transfor to and from Funds -9,710 Surplus/Deficit for the Year 167 -7.676 14.271
Cowdenbeath Trlnlty Church Consolldated Cash Funds Year ended 31st December 2024 2024 Balances Unrestrlcted Restricted Endowments Notes Totals Totsls 2024 2023 Cash and Bank (Opening Balances) Balances 1st January 2024 as per bank Main Account Café Funds Special Projects Trinity Youth Church of Scotland Investors trust fund 24.2 5,226 4.745 5,020 24,290 5,226 4,745 5,020 4,790 9,037 6,160 5,020 3,058 3,058 2,946 Cash Restricted funds adjustments Total 4,745 34,536 4,745 4,745 42,339 27,953 Rèconciling Item 955 Openlng Balance 34536lll 4745 lll,. lll 42339 28.908 Surplus l Deflclt (movement for the year) Main Account Cafe Funds -9.885 1.964 1.022 -277 -9,885 1.964 1.022 -277 19,498 -3,811 -1,415 Special Projects Trinity Youth Church of Scotland Investors trust fund Cash Restricted funds adjustmènts 28 28 112 521 521 -1,022 1,022 New Movement -771 .627 14.384 Cash and Bank Icloslng Balances) Balancès 31st Dècember 2024 Main Account Cafe Funds Special Projects Trinity Youth 14.405 7.190 5.767 4.743 14.405 7.190 5.767 4.743 24,287 5,226 4,745 5,020
Church of Scotland Investors trust fund 3.086 3.086 521 3,058 Cash Restricted funds adjustments 521 io -5.767 5,767 aosing Balanc 26 lll 5.767 35.n2 42336 | Funds Invested In Church of Scotland Investors trust J M Noble. Bequest Ilncome for Fabric Purposes) Market Value 2024 2023
Main Account
Statement of Receipts and Payments
Year ended 31st December 2024
| RECEIPTS Donations Gift Aid Legacies Fund Raising Interest Investments Rental of Halls Grants Fund Transfers Other Total Receipts Payments Cost of Generating Funds Charitable Activities Governance Special Collections for Third Parties 2024 Other Payments Total Payments Excess Receipts over payments Transfer to and from Funds Surplus/Deficit for the Year |
Unrestricted Restricted Endowments Total 2024 Totals 2023 £ £ £ £ £ 35,461 35,461 35,948 10,119 10,119 - 5,000 5,000 20,000 - - - - 167 167 140 6,636 6,636 3,065 - 4,409 6,103 6,103 19,792 - - 1,017 1,017 3,368 |
|---|---|
| 64,336 - 167 64,503 86,722 |
|
| - - 73,030 73,030 65,692 - - 1,358 1,358 1,533 - - |
|
| 74,388 - - 74,388 67,225 |
|
| -10,052 - 167 -9,885 19,497 |
|
| -10,052 - 167 -9,885 19,497 |
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Café Funds
Statement of Receipts and Payments
Year ended 31st December 2024
| RECEIPTS Donations Gift Aid Legacies Fund Raising Interest Investments Rental of Halls Grants Fund Transfers Other Total Receipts Payments Cost of Generating Funds Charitable Activities Governance Other Payments Total Payments Excess Receipts over payments Transfer to and from Funds Surplus/Deficit Surplus/Deficit for the Year |
Unrestricted Restricted Endowments Total 2024 Totals 2023 £ £ £ £ £ - - - - - - - - - - - - - - - - - - 2,117 2,117 2,249 |
|---|---|
| 2,117 - - 2,117 2,249 |
|
| 153 153 - |
|
| 153 - - 153 - |
|
| 1,964 - - 1,964 2,249 - -6,060 |
|
| 1,964 - - 1,964 -3,811 |
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Special Projects
Statement of Receipts and Payments
Year ended 31st December 2024
| RECEIPTS Notes Donations Gift Aid Legacies Fund Raising Interest Investments Rental of Halls Grants Fund Transfers Other Total Receipts Payments Cost of Generating Funds Charitable Activities Governance Other Payments Total Payments Excess Receipts over payments Transfer to and from Funds Surplus/Deficit for the year |
Unrestricted Restricted Endowments Total 2024 Totals 2023 £ £ £ £ £ 1,022 1,022 - - - - - - - - - - - - - - - - - - 2,235 |
|---|---|
| - 1,022 - 1,022 2,235 |
|
| - - - - - |
|
| - 1,022 - 1,022 2,235 - -3,650 |
|
| - 1022 - 1,022 -1,415 |
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Trinity Youth
Statement of Receipts and Payments
Year ended 31st December 2024
| RECEIPTS Notes Donations Gift Aid Legacies Fund Raising Interest Investments Rental of Halls Grants Fund Transfers Other Total Receipts Payments Cost of Generating Funds Charitable Activities Governance Other Payments Total Payments Excess Receipts over payments Transfer to and from Funds Surplus/Deficit for the year |
Unrestricted Restricted Endowments Total 2024 Totals 2023 £ £ £ £ £ - - - - - - - - - - - - - - - - - - - - - - |
|---|---|
| - - - - - |
|
| 277 277 - - - - - - - - - |
|
| 277 - - 277 - |
|
| -277 -277 - |
|
| -277 - - -277 - |
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These accounts were approved by the Kirk Session and signed on their behalf:
Date: …………07 April 2025……………………
Signed: …………… ………………………
Session Clerk
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Notes to the Accounts
Note 1:
Analysis of Donations
| WFO OPEN PLATE DONATION FUNERAL RETIRING Life & Work |
£ 30,987 2,734 240 900 516 84 |
|---|---|
| 35,461 |
Note 2
Includes remaining months from 2022 and the year 2023. The year 2024 will be claimed in 2025
Note 3
Legacy left my 5,000
Note 4
Interest from investment fund
Note 5
A grant to assist with warm spaces is expected, circa £3.5K
Note 6
Fund Transfer between accounts
£
Consolidated Fabric Fund 6,103
Note 7
| Note 7 | |
|---|---|
| Other Income Details Transfers Other Income Café |
£ 331 686 2,117 |
| 3,134 |
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| Note 8 2024 £ Charitable Activities Ministry & Mission Giving to Grow 26,956 Presbytery Dues Pulpit Supply 101 Locum 12,786 Organist 250 Staffing Locum Expenses - Council Tax - Cleaners 5,246 Fabric Repairs & Maintenance 10,701 Energy 8,463 Insurances 4,381 Manse - Local Costs Office 1,811 Outreach - Telecoms 1,992 Clean & Hygiene Miscellaneous 140 Guild Gift Aid Council Waste 203 Donations Note 9 Sub Totals |
2023 £ 30,917 1,340 10,918 40,093 - - 4,560 5,246 2,692 7,109 4,284 - 23,545 568 - 2,112 687 310 - 195 1,533 4,146 73,030 |
43,175 £ 4,560 14,085 5,405 |
|---|---|---|
| 67,225 |
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Note 9
Special Collections for Third Parties
The Congregation has contributed to the following charities
| 2024 | ||||||
|---|---|---|---|---|---|---|
| Christian Aid | 50 | |||||
| Poppy Scotland | 198 | |||||
| Foodbank | 45 | |||||
| Crossreach | 540 | |||||
| MND | 525 | |||||
| 1,358 | ||||||
| OR | ||||||
| DONATION | -818 | |||||
| CROSSREACH | -540 | |||||
| -1,358 | ||||||
| The Church very much appreciates the generosity of those who made | ||||||
| these donations possible. | ||||||
| Note 10 | Movement | in | Funds | |||
| Balance 1st January |
Incoming Resources |
Outgoing Resources |
Transfers | Balance 31st December |
||
| £ | £ | £ | £ | £ | ||
| Endowment Funds | ||||||
| JM Noble Bequest | ||||||
| Restricted Funds | ||||||
| Wall of Stories | 989 | 989 | ||||
| Ministry Assistance | 3,756 | 1,173 | 151 | 4,778 | ||
| Total Restricted Funds | 4,745 | 1,173 | 151 | - | 5,767 | |
| Designated Funds / | ||||||
| Unrestricted | ||||||
| Trinity Youth | 2,077 | 250 | 1,827 | |||
| Tiny Tots | 2,208 | 2,208 | ||||
| Sunday School | 736 | 26 | 710 | |||
| Café | 5,226 | 2,117 | 153 | 7,190 | ||
| Total Unrestricted | ||||||
| Fund | 10,247 | 2,117 | 429 | - | 11,935 | |
| Total All Funds | 14,992 | 3,290 | 580 | - | 17,702 |
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All Church of Scotland Congregations contribute to the National Stipend Fund.
This bears the cost of ministers ' stipends and employers contributions to the National Insurance and housing and Loan Fund.
Ministers are paid in accordance with the National Stipend scale which is related to years in service. For the year under review, the minimum stipend scale was £31,642 and the maximum in the 5th and subsequent years of service £38,884.
Note 11
| Note 11 | |||||
|---|---|---|---|---|---|
| Analysis | of Net Assets Between Funds | ||||
| General | Designated | Restricted | Endowments | Totals | |
| Fixed Assets | - | ||||
| Investments | - | ||||
| Current Assets | 14,405 | 11,934 | 5,767 | 32,106 | |
| Net Assets at 31st December | 14,405 | 11,934 | 5,767 | - | 32,106 |
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