Scottish charity No. SC004472 Congregation No. 392205 BLACK ISLE EAST CHURCH OF SCOTLAND TRUSTEES, REPORT AND ACCOUNTS Year ended 31 December 2024 BLACK ISLE EAST CHURCH OF SCOTLAND REFERENCE AND ADMINISTRATIVE INFORMATION Charty name: Black Isle East Church of Scotland Charity registration number.. SC(M)H72 Trustees at 31 December 2024: Minister: Contact address- Loch Skerrow, Wester Ba]Mung￿e. Rosemarkie, Fortrose IVIO 8SL Session Clerk and Treasure Independent Examiner: ann Judd Gordon Ltd 26 Lewis Street. Stornoway. Isle of Lewis HSI 2JF Bankers: Bank of Scotland. Inverness City BLACK ISLE EAST CHURCH OF SCOTLAND REPORT OFTHETRusfEES Year ended 31 December2024 The trustees present their annual report and financial statements of the charity for the year ended 31 December 2024. The financial statements have been prepared in accordance wtth the accounting policies set out in note I to the accounts and comply with the General Assembly Regulations for Congregational Finance, the Charities and Trustee Investment {Scotlandl Act 2￿5, the Charities Accounts Iscotlandl Regulations 2(X)6 las amended) and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland effertive from I January 2019. OBJEcfivES The Church of Scotland is Trinf(arian in doctrine. Refomied in tradition and Presbyterian in polity- It exists to glorfy God and to work for the advancement of Chrisvs KingdoFll 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 c￿Operate5 with other Churches in various ecumenical bodies in Scotland and beyond. Black Isle East was fomied by the union on l January 2024 of the former congregations of Fortrose & Rosemarkie. Avoch and Cromèrty. STRucfuRE, GOVERNAN￿ AND MANAGEME Governing document: The church is administered in accordance wf(h the ternis of the Church of Scotland's Unitary Deed of 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 ski115. The minister. who is a member of the Kirk Session, ts elected by the congregation and inducted by Presbytery. Organizational structure: The Kirk Session meets as required throughout the year. nomially on a bimonthly basis. ACTIVITIES AND ACHIEVEMENTS New PTesbytery- aèir Eilean I: The thurch of Scotland in the Highlands and Hebrides Wider changes in the church have resulted in the creation of a new13rger presbytery- Clèir Eilean l-. The Church of Scotland in the Highlands and Hebrides. Our new church union Black Isle East Church of Scotland. from January 2024, will now find its home within this structure with two nei8hbours in the wider Black Isle= Culbokie and Munlochy Church of Scotland based at Culbokie and Urray and Kilchrist Church of Scotland based at Muirof Ord. The Minister stepped down from the Mission Plannin8 committee a5 Convener at the end of 2023 after the approwdl of the Mission Plan by a huge majorrty of the legacv Presbytery of Ross in Febwary 2023 and after successfully lodging the first annual evaluation lin December 20231. The latter was approved by the Fatth Action Leadership Programme Team in early 2024. The former Wice-convener of Mission Planning in the legacy Presbytery of Ross, has become Mission Planning Convener for the new larger Clèir Eilean I: The Church of SL-Otland in the Highlands and Hebrides and we wish her well in this extremely onerous fole. Following hi5 responsibilities in being Tutor for the Presbytery level "Leading Worship" Evening Cla55 Ifor the Presbyteries of Inverne55 and Ross) underthe auspites of￿1 Principal of the Hi hland Theolo jcèl College IHTCI. University of the Highlands and Islands IUHII. the Minister remains in contact with the Training and Ministry Team of CEI and HTC/UHI, and a Presbytery Level Class is like￿ to start next year in 2025 for CEI with discus5￿n$ ongoing. Dr. Beattie remains actNe in co-leading a Module-understanding Worship and the Sacraments" which is part of the BA degree progrdmme in Theology at HTC IUHII and is regularly attended by Church of Scotland and other ministry candidates in Scotland-this has now become a course delivered annuallv, not just once every two years. Two elders in Black Isle East, successfully completed the "Leading Worship" Evening Class (including external accreditation by represerktatives of the Presbytery) and have been involved regularly in 2024. sharing in worship. and leading worship from time to time, including during Advent and Passiontide Services and leading monthly servi￿5 at the I(￿al Care Home. The new Presbytery has notionalty created four smaller much-needed Mission Districts wlthin CEI-I. Skye & Outer Hebrides. 2. Northern Counties. 3. Great Glen to Strathspey and 4. Argyll & Lochaber- but the prattical Impllcations of these new groupings are still being worked out and unfortunately do not yet shape everyday experience for ministers and congregation5 in the Presbytery. New CongreEation and Identity- Black151e East Church of Scotland Block Isle Eost Church o Scotland rom Jonuo 2024 The huge changes in the Presbytery had an impact closer to home in the aftermath ofthe new union. Black Isle East Church of Scotland is now one united con8re8ation for the four villages and hinterland of Avoch. Fortr05e, R03emarkie and Cromarty. This has meant a host of practical, financial and administratNe adjustments. The legal and charity implications were generally resolved in the first few month5; the sale of the church buildings of Avoch and Cromarty are ongoing: church life has faced many issues as a new identity and new fonns of congregational lrfe are established. The new congregation 15 grateful ta￿S treasurer and session clerl to and who have been session clerks in the Avoch and Cromarty congregations as well as all the other serving elders. A special thankyou tO￿￿rOM Avoch} and who continued into 2024 at the new union and transition, before stepping down during the latter part of the year. Ministerial Duties The minister conducts funera15 in Rosemarkie Church {for those in Avoch, Fortrose. Rosemarkie and Cromartyl; sometimes in Avoch Congregational Church and in the East Church at Cromarty: some services are held at the Inverness Crematorium: he offers pastoral cover for the two neighbouring ministers Imentioned above) during their times of annual leave (they offer the same for our parish). During 2024 there were severdl key change5 to church life: The creation of a single Sunday service at 10=30 a.m. in Rosemarkie Church which now attracts some 40 plus people on a typical Sunday from the four villages. The upgrading of our musical instruments by movin8 the modern elertronic organ with two manuals and pedal keyboard to Rosemarkie from Cromarty, now used alongside our existing electronic keyboard and removing older instrumen The C￿atIon of new interactive discussion groups in Avoch and Cromarty the so-called -satellite villages" as promised during the creation of the Presbytery Mission Plan. The creation new contemporary website for Black Isle East htt www.blackisleeastchurch.com following input from a professional graphic designer and communications expert and the creation of a suite of communication materials from letterhead5 and bulletins to powerpoint templates and graphics for publications all developed in line with a con51Stent design vision and a set of Visual Branding Guidelines. There is an ongoing review of the Rolls of three comF)onent congregations and the provision of Pastoral Care for the new congregation especially for those who are more frail or elderly. Some aspect5 of church life have continued as before= there v￿5 a range of services during Advent- Christmas-Epiphany including special ser¥ices on Christmas Eve and on Christmas Day. special services during Passiontide, and Services on HaNest Sunday and on Remembrance Sunday. The end and beginning of the school year is also reflected in our Sunday Services. Worship is geared to be accessible to all ages and a particular effort is made to include families in special services although relatively few people under age forty, or in education, attend the congregation-those who do are often Brandchildren or younger relattves of congregational members. ACHIEVEMENTS Focilities Further review of the church facilities. spaces and the Sanctuary have continued in line wrth the wider Church of Scotland discussion on"well-equipped spaces in the right places." The audio-visual facilitie5 are regularly used for setvices as well a5 projection sofmare Ipowerpoint}. In the light of the above- mentioned changes at Presbytery level. there was a major change in 2024 following the closure of the church buildin6s in Avoch and Cromarty and these congregatÉons being welcomed into Rosemarkie Church which is now the sole remaining church building with the Avoch Hall also being a resource for the new congregation. The Faith Action Progromme Leadership Team and the General Trustees have mandated enhancements for the Rosemarkie building in line with theif policy of "well-equipped space5 in the right places." This process commenced in 2023 with approaches being made to a number of local architects for Initial design concepts and in 2024 an on8oing process of consultation has led to the choice of HRI Munro and a Set of proposed ￿n0VationS that have been ratified at various levels- by the General Trustees of the church of Scotland, by the Presbytery of CEI and are currently being examined by the Highland Council. The aim is to renovate the interior of the church for multi-purpose use and er)hance the facilities beyond the sanrtuary and upstsirs. A bequest from a former organist of Rosemarkie Church has been of great help in this regard. Communicotions Church Communications were reviewed in 2024. In addition to the new website Iregularfy receNin some 50-80'hits' per monthl and the suite of communirations materials, we are now moving to two central publications- a Churth Digest which will come out three times a year with a focus on Church matters and a Parish Newsletter delivered annually. An enhanced presence on Social media, especially Facebook, is also in view. The noticeboard outSTde the church in Rosemarkie is regularly reviewed and kept up-to-date. We are grateful t Iformerfy the direttor of "rmcreativedesign" she is now working overseas in mission wilh her famityl for her help and vision in reviewing our communications, for her vision into the fvture and for ongoing supporL Mission and Life of the Church The Croft5 Group meet on Tuesday afterrK)ons. New Interortfve DISO￿on gn>ups have begun in the satellite villages of Avoch and Cromorty. The Explore focus follows on from the Christianity Explored group from 2022; we have added another focus for 2024- 25 with just 10. Both of these series use pre-prepared materials using videos, and the Bible to create a forum for di5CUS5ion arouThJ a friendly welcoming environment where refreshments are served. Each year. one theme will be used in Avoch for the Autumn Series and another in Cromarty and these will reverse for the Spring Series. A weekly Bibk Study in Fortrose RoseMa￿le has continued in 2024 in a memberfs home and has a regular pool of people who attertd. There is a wÈektyPrnyerMeetlng on Thursday evenirE5 which Is conducted through 200m'. The"Make GJOyfvllV￿se.(m￿NI Music Projert has Bone well in 202>24 and resumed in the autumn of 2024. Thi5 project aims to wpport congregational singing and playing and enhance musical capacity {individually and as a church) and give opportuntties to experience a wider range of music. MAIN meets weekly for an hour in the church each Thursday. Special Services - late afternoon meditatrve setvices were added for Passiontide on Tucsday, on Maundy Thursday with communion and on Good Friday. there were special services for Christmas Eve ILessons and Carols). and the Christmas Day Servi￿ ja Family servi￿) both were preceded by coffee/tea and seasonal refreshments. There were also special services for the World Day of Prayer and for End of School and Back to School, in June and August 2024. respertively. as well a5 for Harvest Sunday and Remembrancesunday. Theme5 orService5 0 Sund Worshi Themes for Sunday Worship in 2024 have included the following- Epiphany services concluded the theme:'Prepare the Way forthe Coming Kinl, with an outward focusto the nations,. this wasfollowed by studies in the early part of Mark's £ospel'The Kingdom Breaks In.: a Lenten series'Learning to Put our Trust and Faith in God" drew on lectionary readings in the Psalms and Gospels- Passion Week and Easter services- thi5 wa5 followed by a series from Acts 14 to the beginning of Arts 15- "Mission Take5 us on a Journey." Overthe summertherewas a series on themes connected to in memory of the 10()th anniversary of his liFe as athlete and missionary to China. In the Autumn we had a series from Mark'5 gospel Ichapters 7-101 atK)ut "Jesu< ministry beyond Galilee and towards Jerusalem.; finally we considered Prophetic voices for Advent onwards on the theme "Gorfs Saving Purposes are Unfoldingl" Audi(kWisual Moteri015 The rninister and elders continue to encourage a range of audtO-Vi5ual materials- materials have included audio clips and music videos. Bible-reading videos and interactive Bible readings (from EngaEe Worship} plus videos for children and young *ople as well as occasional missional videos. We have also included meditatNe actNities based on texts. poems. and pictorial re59urces- some of which are led by members ot the congregation. The "Leading Worship. initiative has ￿en two of our members Iboth have completed Accreditation to Lead Worship in their local congregation in early 20241 taking responsibility for worship in a rdnge of situations ènd we are encouraged by their skills and commitment to this task. Other elders and members share in worship in a variety of roles, week-by- week. We have been very appreciative of resources from the Church of Scotland's Weekly Worship. and the CCLI"Song Select" website which have enhanced worship during this time. The materials from "Engage Worship" have been particularly useful for our style of services although we do draw occasionally on the Wanderbilt Common Lectionarf and resources from"New Patterns of Worship." A eGrou s ond Church Li In term5 of age groups, we have encouraged younger members and families to share in some special All-Age worship services and include more use of video material as appropriate - they a￿ mostly grandchildren and numbers a￿ sttll small bLrt they are welcomed when present and services are adjusted accordingly. Church Music Our organist. ￿15 an experienced musical educatow and continues to lead worship both playing and singing as the designated accompanist. As a congregation we continue to explore materials in CH4-eSpeCial￿ short songs and modern hymns-as well as extending our range of hymns from Mission Praise and from the CCLI collections and beyond. The "Make A Joyful Noise- (MAJN) project is 8rounded In the advice and directions fur I¥lUSiL-iiiaking given by the Royal School of Church Music IRSCMI and compatible with their choral singing adVI￿- those leading drow on the exper*nce of RSCM. We have now worked through the first two sets of "Voice for Life- materials and have bought the third set for use in 2025. The sessions last for an hour each week with a warmvup, fotus section and round-off. Music chosen reflects a range of contemporary and historical / traditional music and the group both supports congregational singing and allows for extra choral elements. An emphasis is gNen to strengthening musical literacy, developing confidence in reading scores and building technique in singing but done in a way to make the experience enjoyable and sustsinable. The Spring Term has a focus on Lent/Passion and Easter- 5UPPOrting service5 in Lent, special services for Passion week and Easter Sunday- in the Summer. repertoire from the wodd church and occasional items by composers/songwriters known to the community included a Psalm from from Singapore. a modem hymn from the eponymous songwriter"Mirjam" and a hymn from and the Autumn term has a focus on Advent/ Christmas music and MAJN introduced new music to Advent and Christmas seNrces and contributed items from Christmas Sunday through Christmas Eve and Christmas day, drawing on rnusic from CH4 and Mission Praise. modern items from CCLI and IIXY Carols for Choirs. MAJN has made a signffic2nt contribution to the church's music through the introduction of new material and the added confidence of a group which is familiar with cOngregat￿nal music and able to give a lead. ecials- Summers cials This year we were On￿ again able to hold "Summer Specials" led a nature walk and discussion around the churchyard with his usual flair noting the flora that thrtves right next to the building session on theArts entitled TheArts and Poetry"_WaS a Stimulating and beautitully illustrated personal reflettion on the relationship between visual arts and poetry: the event attracted local folk and visitors- it was Followed by refreshments and m￿[m 5allE songs from Africa and latin America. The Creative Collective Given the interest in music, crafts and the visual arts, we are exploring further the possibiltty of using creative and artistic activtties to broaden the church's engagement with the arts internally and with the commtjnity around us by forming a loose affinity of arts interests around the category of The Creative CollertNd= the creation of the new Website has given Op￿rtunitIeS for displaying existing projects like the Stained Glass Panel created by Ertend Tait for the 2(X) anniversary of the Church Building of Rosemarkie- it has also encoura8ed the display of Christmas and Easter pirtures created by youngsters ttending special events- the Crafts group completed a key project around the 2￿th anniversary of the Church Building of Rosemarkie- the Summer Specials have an ongoing focus on the Visual Arts and three members of the church a￿ active￿ involved in painting; there is a Knttting projett envisaged for the Remembrance Season in 2025- the church'5 repertoire of music- hymns and songs- includes two k)cal hymns as well as music by "composers / song-writer< known to the church community. It is hoped that occasional meetin under the "advocacv, of s of like-minded people can foster fvrther development in this area wrth the Minister. Lookin outwords The congregation looks outwards to help those in need where possible. in projects locally and in Scotland such as social care projects with donations to Blf(hswood-for a local Food Bank project and its work more generally. The congregation also encouraged members to support the Christmas appeal of Blythswood Iparticularfy to Eastern Europel-sUPPOrting donations of shoeboxes and by advertising this project which has si8nrficant partiCipat￿n from some local indr¥iduals. Significant donations were made from congregational fvnd5 to assist with international disaster appeals, particularly in the Middle East. Appeals for donations from the congregation also raised funds for projects promoted by indrvidual members assisting with relief of poverty. With the cessation of Traidcraft during last year. the church is encouraging the ￿￿ of Fairtrade matÈrials for its ongoing refreshments and for awareness within the congregation. PG5toral Core The members of the Kirk Session- the elders and minister- have maintained pastoral care for routine situation5 and for emergencies and bereavement. In addition. the Pastoral Care Team which was set up in 2021 wlth the invotvement of an elder continues to make a valuable contribution to church life. They have helped with pasLoral care. s(Kial outreach of variou5 kinds hosting a couple of spring 1 summer events in the Avoch Church Hall open to the widercommunity. They also organise afternoon teas and distribute gifts in the Christmas season. Once a month, representatives of the congregation lead Sunday afternoon worship at the Eilean Dubh care home in Fortrose- this slot is shared with other local denominations ensuring that there is a weekly seNice of worship for the residents and their visiting families. MINISTER Acodemic connections The parish minister rernains connected in an Associatelsupervisor capacity to fourtertiary institutions of theological education- 11 The Centre for the Stu(ty of World Chiistianity ICSWCI/ Universtty of Edinburgh (Scotlandl: 21 Highland Theological College, University of the Highlands and Islands (a local and approved Church of Scotland training centre for mlnistry candidates studying theology}- 3} All Nations Christian College Ivalidated by the Open Universityl. IEa5neye. Hert51; in 2024, this involves MSclMTh teachirbg on an occasional basis- 41 The Oxford Centre for Mission Studies (OCMSI in Oxford Ivalidated by Middlesex Universityl where he has been a Ph.D. Supervisor Iproject successfully completed in 20201. This Centre is responsible for Regnum Books Intemational which ha5 published two volume5 on the theme -Across Cultures": Ministry Across Cultures.. Shoring the Chri5tion faith in A5io. {20161 edrted by Warren R. Beattie and a companion volume: Arts Across Cultures.. Reimogining the Christion Foith in Asio co-edited by in the -Regnum Studies in Mission" series, published by Rpgnum Books International. Oxford120221 and then by Fortress Press in the USA- the North America partner of Regnum Books Intemational- in Minneapolis. MN120231. In the Autumn of 2024. the TlliniSter wa5 invited to a 5tLdy day at the Unfverslty of Artois in Arras, France directed by the theme- Religions et 5piritualités. marqueurs spatiaux et Irelappropriations des e5paces urbains - Espaces réels versus espaces virtueis (Religion and Spirituality- spatial markers and the re{appropriationl of urban spaces- real spaces versus virtual spaces)- Following the submÈssion of his proposal he was asked to be the Plenary Speaker and delivered a presentation on the theme- tt La construction de la 'communauté' et du 'lgllocal' a I'ère médiatisée > {7he constsuction of community and the Igllocal in a rnediated age. with referen￿ to a South Korean megachurch. its buildings and its media. Charitable Grou Due to his prior connections with Asia and OMF International Ifornierty the China Inland Mission) the Minister was Invo￿ed in the Committee of the charity"Eric Liddell IOO" -which celebrated the IC(Ith anntversary of Liddell's success as a gold medallist in the Olympic Games in Paris in 1924 with a range of Cultural, Sporting and Educational aims. The Ministerfs role had been to encourage contact with Asian churches and Christian organisations w¥th Asian members in the United ￿ngdoM around these themes- these duties are now concluded. Presb te Connertions As noted above, the minister had been an artive participant of the Presbytery of Ro55 and had become the Convener of the Presbytery Planning Committee for the Presbytery Planning process supervising the Presbytery Mission Plan120221 and its acceptan￿ and the annual evaluation120231. a review of the Mission Plan and its implementation at the end of 2023. Both of these sets of document5 and their recommendations were affirmed by the Presbytery and the wider Church of Scotland supervising committees. He was the Tutor responsible for "Leading Worship. overseen by HTC IUHII and the Presbyteries of Inverness and Ross in 2023. continues co-leading the module on "Understanding Worship and the Sacraments" at HTC IUHII for ministers and is willing to help with similar projects as needed into the future. FrGternuls At a personal level. the minister is part of two local {Fortr05e area and Presbytery of CEII and one wider (former New College. University of EdinburEh dtvinity graduates) fraternal groups. TRUSTEES The trustees at the end of the financial year and at the date of signing the accounts are listed under the Reference and Information section at the beginning of this rewrt. The trustees of the former congregations of Avoch and Cromarty ¢5catne trusiees with effect from 7 FebrLJary on 19 August is recorded. Served as a trustee until his resignation 2024. It is with sadness thdt the death of signed as a tru￿ee on 3 June. on 20 August. STATEMENT ON RISK The trustees assess the major risks to which the charity is exrK)sed on an ongoing basis and have established procedures to mitigate those that are identified as a result of these reviews. FIIIANaAL REVIEW Due to the income of the charity exceeding £250,IX(I the a¢¢ount5 can no longer be p￿pared on a receipts and payments basis. They are now prepared on the accruals basis and comply with the Statement of Recomvnended Prachce ISORPI for Accounting and Reporting by Charities. Accordingly the figures for 2023, which are in respett of Fortrose & Rosemarkie congregation only. have been restated on the accruals basis. This is the first year of the union fomiing Black Isle East. combining the congregations of Fortrose & R05emarkie, Avoch and Cromarty. This has resulted in a 12% increase in donated income, but the level of income is now insufficient to meet the costs of the enlarged congregation, although there is an additional source of income from the letting of the hall in Avoch. The costs of ministry and manse maintenance are no longer shared with the fomier linked congregation of Avoch and substantial costs are now incurred in respect of the ck)sed church buildings at Avoch and Cromarty. principally insurance and non-domestic rates. These latter c05t5 amounted to £13.344 in 2024 and continue ir)to 2025 at the rate of £1.471 per month. Hopefvlly the disused buildings will soon be sold. agreement being reached in September to sell Avoch, but the sale has not yet been concluded. Fortrose & Rosemarkie's 'Gwing to Grov/ requirement in 2023 was E13.365. Black Isle East's requirement for 2024 was£24.276 and tor2025 i5£31,611. s a result the general fund recorded a deficit of £5,643 in 2024. The budgeted deficit for 2025 is £15,IK)O before the costs of insurance and rates on the closed churches. Fortunately the congregation has sufficient reserves to rneet these deficits. As the congregation moves forward in union. a major projett to modernlse Rosemarkie Church has been mandated at part of the Presbytery Plan. It is intended that this work will be undertaken during 2025. The estimated cost of the work is approximately £6(K).C((s. There are sufficient funds held to the credit of the cortrgregation in the Consolidated Fabric Fund (see the appendix to the financial statements) and in the Angell Bequest Fund to cover these c05 Durin the èar the con8re8ation received a bequest of £358.028 from the Estate of the late the purpose 5pecifted in her will as being forthe benefrt of Rosemarkie Church only. RESERVES POUCY The charity trustees have considered the reserves required and have taken into account their current and future liabilitie5. It is the Trustee< policy to hold reserves of approximately six months expenditure induding designated funds. At the year end the Church held unrestricted funds of £152,962 of which £37.960 had been designated for the fabric fund. These fund5 are being held to be available to meet part of the cost of the mandated modemisation of Rosemarkie Church and to meet the anticipated continuing revenue deficits arising following the union. The church also held £361.113 of restricted funds which have been provided for the purposes speufied in Note 14. STATEMENT OF TRUSfEES' RESPONSIBILMES The members of the Kirk Session (the trnsteesl are responsible for preparin8 the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to chartties in Scotland. the Charities and Trustee Investment15cotlarKII Art 2(J)5, Charities Accounts (Scotlandl Regulations 2LKJ6 las amended) and the provisions of the charity's constitution, requires the trustees to prepare financial statement5 for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the incorne and expenditure, of the chority for that period. In preparing those financial Statements. the trustees are required to select suitable accounting polioes and then app￿ them consistently: obseNe the methods and principles in the Charity SORP; make judgements and estimates that are reasonable and prudent- prepare the financial statements ori the going concern basis unle55 it 15 inappropriate to presume that the charty will continue in business. The trustees are responsible for keeping proper accounting records which disclose wrth reasonable accuracy at any time the financial position of the charity and ta enable them to ensure that the financial statements compty with the Charities and Trustee Investment (Scotlandl Att 2005, the Charities Accounts Iscotlandl Regulations 2W6 las amendedl and the provisions of the charity's constltfftion. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the Kirk Session on 10 February 2025 and stgned on its behalf by: io Independent Ex•minerfs Reptytto theTn*e50f8lxk1sle East Owrth rf5c0￿d l Teport on the financial ststerRenlsoftheth¥ilyfiy ye3r *Nded 311knxber2014 setoyton pages 12 to Aespeap4* r•sponslbllltkns of Ttust*s•nd Ex•rniTrqr. The tharirfs irusi*s 31e r*spoffj¢ble for the preparatton of accfyJnts In acc¢vdance w*h the terrn5 of the Chartties Trustee Investsneni Ikotlandl Acr 21XIS and the CharitEs Acrounis IScoiL3ndl leeulatlon$ 2(M)6 {as amended). The charity's tTU5tee5 cOn￿der that the audit requirwe•t of Regykntl(￿ 10(Illdl lal w Icl of the Accounts ReguL7ttons does not appty. It is my responsth.lty to exarnine the arcounts 45 tequred under section 441IMcl oftheAct to state whethef partxulèr n4tters have con* w my alleniirjn. B*1$ of Ind•wnd•nf Exam¥*rf$51•1emeiii My e￿MInation iscarrjed accorda￿e¥l4th Regulatlon 11 oftheChartl￿kn0UDts lkntlandl ReEylations 2006. An eMaMinat*)n int￿deS a rev*• of the xcountiry tecords kept by thÈ charity and a comparison ofthe ac(ourbts presented with those recordk It akn 1Th￿￿des CMsideratp)n of an¥ ujusual itw7)s or disdosurès in the accountsand5eeks expLinations from the t￿s￿cOncernIng3n¥ S￿h nwtter5. The procedures undertaken do not provide all the e¥￿ence that would be required irb aa avtht and, Conseq￿1￿¥. I do ￿ wress an audit Dpinirxt on the v*w8i¥en by the acctyjnts. Independent Examinerfs Statement Inthe cour5eol fftyexarina¢h?ry no ff•tter ha5 come lo myattenison ichsive5 rne reasonable taU5e ￿ bekneth6L in aThy mawi)l iespecL the reothretrth￿. to keep xcounting records In xcordaKevlth secrw 44llllal of the 2005Att and Regulation 4 of the 2￿A¢cOunts Regu13t•Ms. and to wepaTe accoynts a¢¢rydw*htt*xcountiThK rewrds and ¢ompty wlth Regutation 8 ofthe 21￿6 Accounts Regulat￿n5 have not be￿ mèt. or in @nabbe a proper urMler5tanf&T* of the Clia.'Ipr&d Atcouitanis 26 Le￿￿ street Stornowav Isle ol Lewts HSI 2JF 8W2025 li l!i- ¢Th lil- BLACK ISiE EAST(IIURCH OF SCOTLAND alan￿ Sheet At 31 December 2024 Totsl funds 2024 Total funds 2023 Flxed assets Investments 96.893 89,838 Debtor5 Cash at bankand on deposit io 7.789 425,228 5.3 80,760 Total current assets 433.017 86,150 liabilities Creditors falling due within one year li 4,774 1,168 428.243 $4,982 Net assets 525.136 174.820 Thefunds of thed￿rIty Endowment funds Restrirted income funds Unrestrlcted lftcome funds 11.060 361,113 152.963 i0,L￿] 3.995 160,825 Total charity funils 14 525.136 174.820 The accounts were approved by the Kirk Sessioft on 10 February 2025 For and on behalf of the Kirk Session Session aevk and Treasurer BLACK ISLE EAsf CHURCH OF SCOTLAND Year ended 31 December 2024 ACCOUNTING pouaES The principal accounting policies. which have been applied consistently in the current and preceding year in dealing with items which are considered material to the accounts. are set out below. Basis of preparation The financial statements have been prepared on the accrua15 basis in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland IFR51021 effective from l January 2019 and the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS102), the Charitie5 and Trustee Investment Iscotlandl Act 2(X)5 and the Charities Accounts Iscotlandl Regulations 2(X)6 las amendedl- Previous accounts have been prepared on a receipts and payments basis and the necessary adjustments have been made to the balances at 31 December 2022 resulting in the compardtive figures grven for the year ended 31 December 2023 being stated on the accruals bass. Fund accounting Funds are classified as either restrirted fvnds or unrestricted funds, defined as follows. Restricted funds are funds subject to specific requirements as to their use which may be declared by the donor or with their authority or created through legal processes. but still wtthin the wider objects of the charity. Endowment funds are funds which have been given on the condition that the original capital sum is not reduced, but the income there from is used forthe purpose defined in accordance with the objects of the charity. Unrestricted funds are expendable at the discretion of the trustees in furtherance of the objects of the charity- If parts of the unrestricted funds are eamarked at the discretion of the trustees for a particular purpose, they ère designated as a separate fvnd. This designation has an administrattve purpose only and does not legally restrirt the trustee￿ discretion to apply the fund. Going concern The Trustees consider that there are no material uncertainties about the ability of the charity to continue for the foreseeable future and therefore have adopted the going concern basis in preparing these financial statements. 14 BLACK ISLE EAsf CHURCH OF SCOTLAND Year ended 31 December 2024 Recognition of in¢ome Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the itemlsl of income have been met. it is probable that the income will be recetved and the amount can be measured reliably. Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity- this is nonna51y upon notification of the interest paid or payable by the Bank. Recognition and allocation of expenditure Expenditure is included in the Statement of Financial Artivities on an accruals basis and is recognised when the￿ is a legal or construttive obligation to pay ft)r expenditure. Fixed Assets The charity has the right to occupy and use for its charitsble objects certain tangible fixed assets, including the Church, hall and manse, vested in the Church of Scotland General Trustees. No consideration is payable forthe use of these assets. Expenditure incurred on the repair, maintenance and improvement of these assets is charged as resources expended in the Statement of Financial Artivities in the period in which the liability arises. Investments Fixed asset investments are stated at market value at the balance sheet date. Unrealised gains and losses represent the difference between the market value at the beginning and end of the financial year or, if purchased in the year. the difference between cost and market value at the end of the year. Realised gains and losses represent the difference between the proceeds on disposal and the market value at the startof the yearorcost rfpurchased in theyear. Taxation Black Isle East Church of Scotland is recognised as a charty for the purposes of app5icable taxation legislation and is therefore not subject to tsxation on its charitable activities. The charity 15 not registered for value added tsx and resources expended therefore include irrecoverable input value added tax. 15 BLACK ISLE EAST CHURCH OF SCOTiAND Year ended 31 December 2024 Cash and cash equivalerrts Cash and cash equivalents include cash in hand and depostts held with banks and with the Church of Scotland Del)tors Debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid. Creditors Creditors are normally recognised at their settlement amount after allowing for any trade discounts due. 16 t* '1 I 11 'n n ¢0 ¢¢7 C* Th r * Lo r¢ (n ) *tn * C? rcttuZXu_ BLACK ISLE EAST CHURCH OFSCOT Notesforrnin8wtofthefinancFalslatemerbtsfortho parended ai DEcernkn￿4 hfni4tevsStipend I Church of5codand cwegati￿MnIritA￿etQfvThai1ard StiP￿￿1fUndWhichbe3rsthpco5rs0fal1 ministers, stlpendsa￿j employers tributionstsn3tiorol I￿vra￿e.[￿n￿(￿31KI ￿>￿andI￿an fmd. mi￿$ter$,$￿pendS arepaKI inacwthrttwiththe national stipend S￿le.whIch is rdatedtoyear50f 5er¥7c& kntheYearWth[e￿e￿th￿ nxrrumvmstik￿j￿a5￿1.642 arVJtherr￿MVrn stipend lin the flfth and subsequenryearsl was£38M4. Notr￿reCe1¥e(l wurvati￿d￿riry2O24 ry1023 aTrytl￿ewere nDrdatsJp*iytrartsxti 2014 Mafkavalueat31 Decemb￿2023 89.838 Un￿alised gain in ir￿e$rr(Eftts 7J)55 Market¥31￿￿31 Decemter 2024 In¥estmentsai cost l inve5tmertsare hdd IntheclwrthoFSth￿a￿I iTrrtstorsTriitt Z024 Z3 io Debtors Grftaidandgiftald yft311 duot5¢xsso￿1￿Und d Prepaidttorges S.[￿1 4.Il7 1.153 5.3 Ll Cttdito L114 168 UnirNoiced ex0end￿￿e1ncurred rAthefinaNal yeAr 1.168 6ertr41 Total Investments 65225 li.( 96￿93 Currerrt assets 50Tr2 21.012 361.1 433.017 CuTrerrt I￿￿litieS -L114 4,774 NetJ55ets*31 t)e(Enthi2024 361 113 GenE Resiwitied E*dowment Totrl 60530 J08 89338 Currenta55ets 61284 20.871 3.995 86,150 Currentliabiif(ie5 -L168 -1,168 Netass@tsat31 D￿mber2021 BLA(K IAY E￿(lIURCH OF 5CQTU4P4D VvluDtrer5 b)C