DIRLETON PARISH CHURCH ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 K5urtUc7 (L 064533
DIRLETON PARISH CHURCH LEGAL AND ADMINISTRATIVE INFORMATION Trustees As hsted on Trustees Report Charity numbor Iscotlandl SCLKJ4533 Congregatlon Number 030198 Indepgnd&nt examln•r Douglas Gould LLB CA 8 St Ann's Place Haddington East Lolhi EH4148S Bankers Royal Bank of Scouand Haijdinglon Bianth 32 Court Slreet Haddinglon EH413NS Principal office-bearers Minisler.. Sessmm Clerk & Cleth to the Board". churc Treasurer. Contact Addresses
DIRLETON PARISH CHURCH CONTENTS Page Tnjstees, ieport Independent examinerfs report Slalement of financjal acb'viti'es Balance sheet Noles to the finanoal statements 7-17
DIRLETON PARISH CHURCH cknMQ4 s(yW £C(J453J TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The Iruslees present Ihwr annual report and finanThal statements for the year ended 31 December 2024. The accounts have been prepared in accordance with the accounting polithÈs sèt out in note 1 to a(xoun15 and comply with the Charity's Unitary Deed of Constitution and General Assernbly Regulations for Congregational Finance, the Charities and Trustee Investment Iscouandl Act 2005. the Charities Accounts (Scollandl Regulations 21J06 las 8mendedl and 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicab lo chaiities preparing their aOuntS in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021" las amended for accounts'ng periods commencing from 1 January 20161. Objectives and activities The Church ol Scotland 15 Trinrtaiian in docth"ne. reformed in Iradrtion and Presbyterian in polity. 11 exists lo glorify God and to work for the 8dvancement of Chrisys Kingdom throughout Ihe world. As a national Church, it acknowledges a distinclive call and duty to bring the ordinances of religion to the people in every parish of Scotland through a terriiorial ministry. It cOperate$ wrth othet Chuithes in vaiious ewrnenil bodte5 in Scotland and beyond. The trustees have paid due regard to guidan issued by The Office of the Scottish Charity Regulator in deciding what activities the Charity should undertake. Achievements and perfomiance The pattern ()f se[ceS has remaineil a5 beft)re wrth a Sunday moming service and a Wednesday moming player meeting. Financial review The details of income and expenditure are set out on page 5 of Ihe Report. Expendilure in Unrestrictèd Funds exceeded income by £7,832 12023 income exceeiled expenditure by [5.4411 exduding ievalualion gains of £10,366 12023 gains of £11,514}. Furthèr nèt cost$ 01 £23.333 {2023 £4.3651 were mel from Restricted Funds. Thè tiustees are satisfied with these re5uf(5. Investrnents are valued at £191,633 as shown on page 13 12023 £201,226). Of thesè investmènts, £68,455 12023 £61,576) is held for the Designated Fabric Fund and £6,159 {2023 £10,729) for thè Restrided Mrs Janel Kirkby Fund. Reserves Policy It is the tNstees' policy to hold reseNÈs of apPr0Matety six rnonth5' expendrture. induding Designated Funds. Investment Policy and Perfomunce The investments are held within injsts whi¢h a managed on behalf of the Church of Scotland Investment Committèè. No-or4e within Dirfelon Chuich has any influence on Ihe way in which these funds are run. The larger part of the Church's investments is held wthin equity funds which provide a 9ood level of income, thè st being held in a deposit lund. Risk Management The principal iisks faong the Church a an agerng Con9rÈgab"on and the potenlial costs of FabTiC work. All reservès are regulady monitored by the tnJslee$ lo ensu that suffi¢ient funds afe held lo cover Ikely èventualities. Public Benefit In considèring the operab"on. a(*ievements and perfomian¢e and finanfxs of the Charity. the Iruslees are satisfied that public benefil has been prowded tn accordance wrth the Charities and Trustees Investment Iscollandl Act 2005 and guidance provided by the Office of the Scottish Charity ReguLator.
DIRLETON PARISH CHURCH TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Plans For Future Period$ The trustees will continue to work to devek)p contacts within the local community and lo support kxal initiatives thich further the woth of the ChLKCh. Stnjcture, governance and management Mrs Elizabeth Keddie sadly passed away in March 2025_ . Members of Kirk Sess l Ttee5 Reerultmènt and Appolntsnt of Trust• Members of the Kirk SessDn are the Chwity trustees. The Kith Session members are Ihe eklers of the Church and are chosen frorn those members of the Church who are cOndered to have the appropnate gifts and skills. The minisler, who is a member of the lfj.rk Session, is elecled by the u&ngregatK)n and inducted by Presbytery. Organisational Structure The Kirk Session. which meets four times a year is reSw)nSib foi the spiritual affairs ol Chuith. The Pioperty Committee consisls of all members of the Kirk Session and othe15 CopIed foT their expertise. Independent Examiner has been re-appointed as independent examiner for the ensuing year. Statement of TrSteeS. respon$ibil(iies
DIRLETON PARISH CHURCH TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024 The truslees are responsible lor pieparirg thè TnJst8es' Report anil the a(£ounls in a([dance wilh applicable law and Ursrted Kingdom Accounting Standards (Urrited lfjrvjdom Generally AcceptedAccounling Practice). The law applicable to chantie5 in Scolland requires the truslees to prepare accounts lor each financial year whi give a true and fair view of the state of affairs of the Chariiy and of the incoming resources and application Of resources of the Charity for ihat year. In preparing ihese accounts. the ttustees are required to= - sekcl suitable accounling policies and then appty them con&stènUy," - obseNe the methods anil syl1upS in the Charities SORP." makè judgements and eslimales that are reasonable and prudenl., - slate whether applicable attounting 5tandaids have been fol¢)wed. subJ"eGt lo any fflalerial departures disclosed an¢J explained in the accounts". and prepare the acCOts on the going concern basis unless it 15 inapprcyriate to presume that ihe charity will continue in operation. The trustees arè rèsponsible for keeping sUffiCnI ac(x)untvig ree(*ds that disdose with reasonable accuracy at any lime the financial p05((ion of the Charity and enable theffl lo ensure that the accounls comply with the Charib"e5 and Trustee Investment (Scollandl Act 2C105. the CharitS Accounts (Scotlandl Regulations 2006 las amwdedl and the prowsions of the trust deed. They are also responsible for safegvarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection ol fraud and othèi irregularities. T[Stee. res0rt'.'ias rl .d b, l-? B-..ArrT cfTri.%.'&?o Trustee Dated.. l October 2025
DIRLETON PARISH CHURCH INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DIRLETON PARISH CHURCH I report on the accounts of the Charity for the year ended 31 0mber 2024. which are set out on pages 5 to 17. Re¥pective re5pon¥ibtlities of tnmtees and examiner The Charit15 Iru5tees aTe iesponsible for the preparation ol the accounts in acojrdance with the terms of the Charities and Tnlstèe Invèstrnenls Iscouandl Act 2005 and the Charities Acojunts Iscotlandl Regulath)ns 2006. The charitys trustees consider that the audit requirement of Regulation 1011llal to Icl of tho 2006 Accounts egulalions does ml apply. It is rny respOnsi.1itY to examine the a¢¢oun¢s 83 required under sectb)n 44111{cl of the Act and lo state whether patbGulai matters have come lo my attention. Basis of independent examinerfg statement Independent examlnèrfs $tatem•nt In connection with my examination. no matter has o)me to my attention." lal which gives rne reaSonae cause to believe that in any material iespect the requiremenls.. lo keep accounting records in accordan with secaion 44{11 la) of the 2005 Aci and Regulation 4 the 20(hSAccounts Regulations.. aThJ lil) lo prepare financial slalemenls which COld with the accounting records and comply wth Règulation 8 of the 2&)6 Accounts Regulat)ns.. have not in met or Ibl to which. in my opiniDn. attention should be drawn in Order lo enae a proper understanding ol the financ4al stslemenls to be reached. Dated. 1 October 2025
DIRLETON PARISH CHURCH STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestricted Restrlct•d funds funds 2024 2024 Total Unrestricted Restricted funds funds 2023 2023 Total 2024 2023 Notes Incom• and •ndowments from: Donations and lègaoes Charitable activities Other trading activitses Inveslrnenls Other ineomè 45.792 1.200 10, 6,029 45,792 1,200 10.096 6.029 18,708 43.588 3.200 11.794 6.523 43.588 3.200 11.794 6,523 18,708 Total incoma 63.117 18.708 81.825 65.105 65.105 Charitable actiwlies 70.949 23.333 94.282 59,664 64,029 Nel gains on investments 12 10.363 10.419 10.963 551 11,514 Net incomellexpenditurel and movement In funds 2.531 {4,569} (2,0381 16,404 13.8141 12,590 Reconciliation of funds: Fund balancès at 1 January 2024 92.156 121.262 213.418 75.752 125,076 200,828 Fund balan¢•s at 31 Oecembar 2024 94.687 116.693 211.380 92.156 121,262 213,418 The statement of finanual ath"vtb"e5 indudes all gains and k)sses re¢ognised in the year_ All IrKome and expenditure derive from continuin9 acb"vib"es.
DIRLETON PARISH CHURCH BALANCE SHEET AS AT31 DECEMBER 2024 2024 2023 Notes Fixed assets Invesltnenls 14 191.633 201.226 Current assets Cash al bank and in hand 22.945 16,226 Crèdltorn- amounts falllng du• wlthln ong yoar 15 (3.1981 (4,034) N•t eurr•nt a•sots 19,747 12.192 Total assets less current liabilities 211.380 213.418 Tho funds of tho Charlty Reslricled incorne funds Unrestricted fvnd5 16 17 116,693 94.687 121.262 92.156 211.380 213.418 Trustee Truslee
DIRLETON PARISH CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting pollcl•s Charity inforynation Dirteton Parish Church is a chaity adminislered in accordance th the terms of the Oeed of Constrtution (Modèl Con$lrtution). 1.1 Accounting convention The accounts have been prepared in accordance with the Chanws Deed of Constrtulion. the Charit'es and Trustee Investment (Scotlandl Act 2005. the Charitiès A¢¢ounls (Scotlandl Regulations 20[ la5 amended) and 'Accounting and Reporting by Charth"e5". Statement of Recommended Practice applicable to charities preparing theif account5 in accordan with the Finanaal Reporting Standard applicable in the UK and Republi¢ of Ireland {FRS 102)" las amended for aOUn[1ng periods commènung from 1 January 20161. The Charity is a Public Benefit Entity as defined by FRS 102. The Charity has taken advantage of the provisions in the SORP for tharities applying FRS 102 Update Bulletin 1 not to pieparè a Statement of cash Flows. The financ4al statements are prepared Ai sterling. vthich is the funditinal rrencY of the Charity. Monetary amounts in these fjnanual statements are roundeil lo the nearest £. The finanual slalemenls have been prepared under Ihe historical cost convèntion. modified lo indude the revaluation of fLxed asset investments to lair value. The pn"n(ipal accounting policie5 adopted are Sel out below. 1.2 Going ¢oncern At the time ol 8ppiowng the finan¢ial statements. Ihe twslees have a reasonable expectation that the Charty has adequate re50urce5 to continue in operalional existen for the foreseeable future. Thus the trtee$ continue to adopt the going concein basis of accountin9 prepaiing the finanaal statements. 1.3 Charitsble funds Unrèslrided fund5 are expendable at the discretion of ihe trustees in furlherance ol the objects of the Chanty. 11 parts of the unreslricled funds have been eamarked at the discretion of the Iruslee5 lor a txHrticular purpose. they are designated as a separate fund. This deSignatn ha5 an administratrve purpose only and does not legally restrict the Irusteès, discrètion to appty Ihe fund. Restricted funds are funds subject to Spectfic requirements as to Iheir their use which may be dedared by the donor or with thèir authority 01 ¢yealed Ihrough legal processes. bul stsll wthin the wider obfrects ol the Charity. 1.4 Incoming r•sourc•s Income is recognised when the ChaTty is legalty ented lo il after any performance condib'ons have been met. the amounts in bè measure(l lb. and rt 15 probable that ino)me will be received. Cash donation$ Xie recognised on rwxipl_ Othef donations are recognised once the Charity has been notified of the donation. unles5 performance ndrtI.0ns Tequire deferral of the amount. Income tax recoverable in relation to donats.ons received under GiftAid or deeds ol covenant is recognised at thè timè of (he donation. Legaues are rewgnised on receipt or otherwise rf the Charity has been notified of an iMn{lIng d*$lribulion, the amount is known. and receipl is expected. If the amount is not known. the legacy is Irealed as a contingent asset. Interest receivablo Interest on funds held on deposrt is induded when receivable and the amount can be measured reliably by the Chaiity", this is normally upon notification of the interest paid or payable by the bank.
DIRLETON PARISH CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policigs Icontlnuèdl Donatèd sÈrvieÈs and facilities Oonaled professional services and donated faulibes arè recognise(l as income when the Charity has control over the item, any conditions asso(Jated wrth the donated item have been met. Ihe receipt of economic benefit from the use by thè Charty of the item is probable and that economic benefft can be measured reliably. In accordance with the charrties SORP the general volunteer time of congregats'on members is not re¢ognised. On receipt. donated profe55ional seNces and donated laolitses are fecognised on the basis of the value of the gift lo Ihe Charity which is the amount the Charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open markel". a corresponding amount is then recognised as expenditure in the period ol recerpt. 1.S R8sourc•s •xp8nd•d Expenditure is recognise(l on an awu8ls basis as the liability is inojrred. 1.6 Fixèd assét Inv•stm•nts Fixed asset investments are inalty measured al transadion piice exduding transaction costs, and arè subsequently measured at fail value at eath reporting date. Changes in fair value are rècognised in nel incomellèxpendilurel for the year. Transaclion costs are expensed as incurred. 1.7 Cash and cash equivalents Cash and cash equivalents include cash in hand. deposits held at call banks, othèr short-tèrm liquid investmen15 with original rnaturiljes of three months or less, and bank ovÈfilraft5. Bank overdrafts are shown within borrowings in currenl liabilities. 1.8 Financial Instrnm•nts The charity has elected to apply the $1n$ of Seth"on 11 '8asic Finanaal Instruments, and Section 12 'Other Financial Instruments Issues. of FRS 102 to all of its financial instruments. Financial instruments are iecognised in the charity's balance sheet whèn the challty becomes party to the onlractual provisions of the instrument. Finanual assets and liabilitses are offset. wrth the net amounts presented in the financial slatements, when Ihere is a legally enforceablè nght lo set off the recx)gnised amounts and there is an intents'on to settle on a nel basis or to reali5e the as5el and settle the liability simumaneously. Basic linancial assets Basi¢ financial assets. whic* indude debtois and (xsh and bank balance5. are initsally rneasured at transaction price including transaction costs and are 5ub5equenlly carried at amortised cosl using the effective interest rnethod unless thè arrangement constrtutes a financing transaction, where the transaction is measured at thè piesent value of the future feceipls discounted at a markel rate of interest. Finantyal as$ets dassffjied as Teceivable wrthin one year are not amortised.
DIRLETON PARISH CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies (Continued) Basic financial liabilities Basic financial liabilities, including creditors and bank loans are inib"8lly recogni5ed al transaction price unless the arrangement constitutes a finanung transaction. where the debt inslfument is rneasured at the present value ol the future payments discounted at a rnaiket iale of interest. Financial liabilities classified as payable within one year are not amortised. Debt in51nJments are subsequentty carried at amortised cost, Ung Ihe effècbve intèrest rate method. Trade creditors are obligations to pay for gooils or sWvi5 that have been acquired in the Ordin course ol operations from suppliers. Amount5 payable are classified as currenl liabilities if payment is duÈ within one yèar or less. If not. they are presented as non-current lia'11es. Trade creditors are recogni5ed inrtially al transaction pFirE and subsequentty measured al amorlised cost using the èflective interest method. Derecognlllon of flnanelal Ilabllllle$ Financial liabilibes are dereco9nised when the Charty'5 contractual obligations exw're or are discharged or cancelled. 1.9 Employee benefrts The cost of any unused holiday entillement is recognised in the period in which the employee's services are ieeeived. Termination benefits are recognisèd 1rnr1lteIY as an expense when the Charity is demonstrably committed to terminate thè èmploymènt of an employee or lo provhle lem)ination benefils. 1.10 Tangible fixed assets The Charity has the righl to occupy and use for its charitable objects certain tangible fixed a55ets. including the Church and halls in Dirleton. vesteil in thè Church of Scovand GeneTal Trustees. No consideration is payable for the use ol these assets. Expenditure incurred on the repair and maintenance of these assets is charged as resources expended in the statement of finanaal ath'vities in the period in which the liability arises. Critical accounting estimates and Judgèmomts In the application of the Charity'5 actounting polioes, the trustees are required lo make judgetnenls. estimates and a55umpb"on5 about Ihe carrying amount of assets and liabilrtie5 that are not readily apparent from other Sources. The estimates and asswated assumptions are based on historical experience and other factors Ihal are considered lo be reVant Actual iesuks rnay diffei from these estsmales. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estsmates are Tecognised in the penod in which the estimate is revised where the rev*sion affèds lY that period. or in Ihe peiiod of Ihe revision and futLtre periods where the vision affects both TreI and fvlure period5. Incom8 from donaUon$ and legacies Unrestricted fund$ 2024 Unrestricted funds 2023 Donations and gift5 45.792 43.588
DIRLETON PARISH CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Income from donation¥ and legacies (Continued) Unrtstri¢ted fund$ 2024 Unrestricted funds 2023 Donation$ and gifts Offerings Tax recovered on Gtft Aid Other donations 37.239 8,553 33.445 7.920 2.223 45.792 43.588 Income from charltsblè aetlviti¢¥ Unrnstrict•d funds 2024 Unr8strlct*d funds 2023 Weddings and lunera15 1.200 3,200 Incom• from other trading activities Unrvstricted Unr•strict•d funds funds 2024 2023 Non-charitable trading activrfies 10,096 11,794 Incomè from Inv•stments Unrestricted Unrestricted fund¥ funds 2024 2023 Income frorn listed investments 6.029 6.523 10-
DIRLETON PARISH CHURCH NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Other income R•strlct•d funds 2024 R•strictsd funds 2023 Church of Scotland Consdidatèd Fabric Fund 18,708 Exp8ndltur• on charitsble activities Support Gov•man¢¢ costs 2024 Tt)tal Support Governance costs costs 2023 2023 Totsl 2024 2024 2023 Direct costs Shar• ol Support and govemance costs Isee note 91 Support 92.017 Governance 92.017 2.265 61,929 61,929 2,100 2.265 2,100 92.017 94.282 61.929 2.100 64,029 Analysls by lund Unreslricled funds- general Restricled funds 68.684 23.333 2.265 70,949 23.333 57.564 4,365 2.100 59.664 92,017 2.265 94.282 61.929 2,100 84.029 11
DIRLETON PARISH CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Support costs allated to activities 2024 2023 Staff ¢osls Ministnes and mission allocation Presbytery dues Ministerfs expenses Pulpit Supply and shared cosls Fabri¢ repairs and maintenan Other buildings costs Church office expenses Organ and music Donations Other charitable actiwty c051s Govèmanee eo$ls 11.567 f8,780 1.216 614 11.998 14.748 640 3.986 24.245 26.148 4,347 2,029 1,864 798 2.265 6.135 16.646 3,851 1,080 2,540 171 2.100 94,282 64,029 Anatysed between: Support cost5 Governancè costs 92,017 2.265 61.929 2.100 94.282 64.029 Governance costs indude payment5 lo the Indeperhdenl Examiner of £2,26512023 £2,100) for aeeounlan and independent examination fee5. 10 Trustees None of the trustee5 lor any persons connected with iheml received any remuneratK)n or benefits from the Charity duTing the year. t2-
DIRLETON PARISH CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 11 Employee¥ Number of gmploy••s The average rnonthly number of employees during Ihè yèar was.. 2024 Numbèr 2023 Number Administrative staff Musio staff Prèmisè$ maintenance 51aff Employrnent co¥ts 2024 2023 Wages and salaries 11.567 11,998 All Church ol Scotland congregatiorbs contribute lo the Natnal Stipend Fund which bears the costs ol 311 ministers. stipends and empk)yerfs wntributions for natKJnal insurance, pension and housing and loan fund. Ministers, stipends are paid in aorordance wilh Ihe nal40nal stipend scalè. which is related lo year5 01 serwce. For the year under rewew the minimum stipend was £31.642 and the rnaximum sth'pend lin the ninth and subsequent years) £38,884. There We no employees whose annual TemuneralN)n was £60.(N)O or more. 12 Gains and losses on investmgnts Unrestricted Restricted lund$ lunds 2024 2024 Totsl Unrestrlctèd R•strletèd funds funds 2023 2023 Totsl 2024 2023 Gainsl{Ios5esl arising on.. Revaluation of investments Sale of investments 10.310 53 10,366 53 lo.3 551 11,514 10,363 10,419 lo.3 551 11.574 13 Taxation The charity 15 exempl from laxation on its acbvibes because its incomè is applied for tharitable pUr[Se5. 13
DIRLETON PARISH CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 14 Fixed a¥set investments UK investsnents Cost or valuation Al 31 December 2023 Valuation changes Disposals 201,226 10.366 119.9591 At 31 December 2024 191,633 Carrying amount Al 31 December 2024 191.633 At 31 De¢emt*r 2023 201,226 2024 2023 Investmenls at fair value comprise.. Growth Fund Fabr Gr0h Fund General Income Fund Legacy Income Fund General 56.590 55.289 37,206 42,548 51.712 60.212 47.139 42,163 191.633 201.226 Analysis of Invèstmènts tween funds Unrestricted Funds Restricted Total Funds Funds 2024 Total Funds 2023 Oth•r Invtrstments Other UK Investments 185,474 6,159 191,633 201,226 14-
DIRLETON PARISH CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 15 Crgdltors: amounts falllng du• wlthln onè yvr 2024 2023 Other creditors 3,198 4,034 16 R•$tri¢tsd fvnds The income funds ol the Charty include rèstricted fur5 comprising the followsng unexpended balances ol donations and grants held on trust foi speryfic purposes". At 1 January 2024 Incomlng rosour¢¥$ Rèsource¥ ¢xpended Gain5 and losses At31 December 2024 Fabnc Fund Benevolent Fund Mrs Janet Kirkby Fund 110.401 132 10.729 18,708 {18,708) 110.401 132 6,160 14.625 121,262 18.708 {23.333) 116.693 PrevSous year. At 1 J•nuary 2023 Incoming rnsourc•s Resoufces gxpendèd Gains and lossès At31 D•e•mber 2023 Fabric Fund Benevolent Fund Mrs Janel .rkbY Fund 110,401 132 14.543 110,401 132 10.729 14,3651 551 125.076 14.3651 551 121,262 Thè Fabric Fund iepresenls sums donated for the purpose of maintaining church buildings. The Benevolenl Fund covers sums held lo assist members of the Congregation who may be in temporary need. The Mrs Janel Kirkby Fund represent sums bequealhed to thè Church by Mrs TrQ"rkby which are to be used 8c¢ording lo the wishes of Mrs l Urquhart. 15-
DIRLETON PARISH CHURCH NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 17 Unrestrlcted funds The income fund5 of the Charity indude unrestricted General funds and the folltiwing designated funds which have been set aside out of unrestricted funds by the trtsstees for speufi¢ purposes.. At 1 January 2024 Incoming resources Resources eXnd•d Galns and 10$8es At31 December 2024 Fabric Fund Sunday School Fund General fund5 61.576 4,879 66,455 160 28,072 30,420 63,117 {70,9491 5.484 92.156 63.117 170.9491 10,363 94.687 Previou$ year. At 1 January 2023 Incoming rnsour¢ès RÈ$oureè$ expended G•ins and losses At31 December 2023 Fabric Fund Sunday School Fund General funds 57.402 160 18.190 4,174 61.576 160 30,420 65.105 159,6641 6.789 75.752 65.105 IS9,664) lo.3 92.156 The Fabric Fund represents funds eamarke(I by Ihe twslees for the future upkeep of Church buildings. The Sunday Sthool Fund represents funds earmarked by Ihe trustees for use by the Sunday School. 18 Analysis of net assèts bètw••n funds Unrestrrcted funds 2024 Restricted funds 2024 Total 2024 At 31 Oecemb•r 2024: Investments Current asse1511liabilities} 185.474 {gJ.787) 6,159 110.534 191,633 19.747 94.687 116.693 211.380 16-
DIRLETON PARISH CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 18 Analysis of net assets between funds (Continuadl Unr•strlet•d funds 2023 Rèstrietèd funds 2023 Totsl 2023 At 31 D•eèmb•r 2023: Investments Current assetsllliabilities) 19).497 {98.3411 10.729 110,533 201,226 12,192 92.156 121,262 213,418 19 Related party transactions Many of Ihe Chanty trustees makè regular donations thiou9hout the yéar, indudin9 through weekly offerings with other members of the CongwatK)n. As ollerings are not sepaTately identified rt rs not possible to quanlrfy ITuslee donations. There were no othw disdosable related party transactions during the year {2023". None). 20 Volunteev¥ In common with all congregations of the Church of Scotland the congrègation benèfits from thè contribution made by volunteers who give their titne and talents willingly for the benefit of the Churth. The area5 of congrègational life which rety on the conlribution of volunteers are rnany and varied and much of the activity would be unable to continue were rt not for the commrtment shown. 21 Funds Held On 88half 01 Thè CongY•gatlon The followirbg fvnd5 were held by the Church of Scotland General Trustees on behalfof the congregation.. 2024 2023 Capitsl A¢¢ounl Credrt Balance at 31st December 356.617 356.617 Revenuè Account Credit Balance at 31st Decèmbèr 11.255 12,839 17-
DIRLETON PARISH CHURCH DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Donations and legaci•$ Donations and gifts 45,7¥2 43.588 Aetlvltl•$ for g¥rttrrating funds Use of pfemises 10,096 11.794 Investment income Inwme from UK listed investments 6,029 6,523 Incomlng rnsources from charltsblè actl¥itl•s Weddings and funerals Other incoming resources Church ol Scotland Con501idated Fabric Fund 1.200 3.200 18,708 Total Incomlng rèsourcès 81,825 65.105 Charitablè activitiès Supportcosts Share of support cosls Share of 5UPPOrt costs- restricted lund 57,564 4,365 23,333 {92.017} 161.9291 Governance costs Aecounlanry fees (2,2651 12,1001 Net gains on inv•sknents Revaluation of investments Gain or1055 on sale of investments Revaluatson of investments- restr]cted fund 10.310 10,963 551 10,419 11,514 ID¥fi¢itllSurplu$ for the Year 12,0381 12,Sg0 18-