APPENDIX 1 oscr Penod start date mlh Year Period end date th Year FrLN To 01 2023 31 2024 Office of the Scottish Charity Regulator Reference and administration details Charity name Other names charity is known St Margaret's Episcopal Church, Lothee Registered charity nurnber Charity's principal address SC004621 17 Ancrum R¢)•J Dundee Postcode DD2 2JL Names of the charity trustees on date of approval of Trustees. Annual Report Trustee name Office Irf any) Date5 acted ff not for whole year (or body) entitled to appoint trustee lil aAykn Bishop Vesty AGM Interim Rector From l July 2024 Hon Treasurer seCyaY Rep Vesty Memier Vesty Memt*r Intefim Rector AGM AGM To 30 June 2024 10 11 12 13 14 15 16 17 18 19 20
APPENDIX 1 Reference and administration details Narnes of all other charty tru5tee5 during the period, if any. {for exarnple. those who resigned part way through the financial period) Name Structure, governance and management Type of governing document st Margareys is an unInlrated ass(latiOn and is govemed by i Constitution. The church is a member of the Diocese of Brechin in the Scottish Episcopal Church and is govemed by Canon Law. Trustee recruitment and appointment Ordinary members of the Vesty are nomHlly elected by the congregation at the Annual General Meeting. Objectives and activities Charilable purposes The Church's main fijnction 15 to provide worship in sacrament and prayer and to minisler to rb parishier5 and their needs. Summary of the main a¢tivilie5 in relation to these objects St Margaret's offers a mc*Jem fc¥m of worship in a traditional setting and throughout the year cdebrates the many services reflects'ng the Itturgical year.
APPENDIX 1 Achievements and performance Summary of the main achievements of the charity during the financial period Christrnas Carol seICe- 24 December 2023 On 29 November 2023 the church also took part in the Lochee Christmas lights switch on. Member5 of Balgay Church made use of our hall for services while repair5 to their roof were being investigated. Refreshments were shared be St Margaret's and Balgay. Our hall usaoe CCKrtinues to increase to outside users. Some on a regular basis and others Ad hoc. The Ukranian Ortho¢k)x churth CCInueS to hold their service on the 3rd Saturday each month. Financial review Brief statement of the charity's policy on reserves There is rK) speth policy. Details of any deficit none Donated facilities and services (if any)
APPENDIX 1 Other optional information In October 2023 the sale of our Rectory was finalised. The Vesty decided to hold bad( a sum of money in the Cuent accwnt to cover ongoing maintenance expendf(ure. The balance was invested for any future need for Clergy accomTh)datI. This is shcwm in the Annual Accounts. Declaration The trustees declare that they have apwlved the trustees. rewt above. Signed on behalf of the charity's trustees Signaturelsl Full narne(sl Position {e.g. Chair) Hon Secretary & Lay Representative Hon Treasurer Date 17 November 2024 17 November 2024
Enter SC No. below
APPENDIX 2
Enter charity name below
SC004621
ST MARGARET'S EPISCOPAL CHURCH
| Receipts andpayments accounts | Receipts andpayments accounts | Receipts andpayments accounts | Receipts andpayments accounts | Receipts andpayments accounts | Receipts andpayments accounts | Receipts andpayments accounts | Receipts andpayments accounts | Receipts andpayments accounts | Receipts andpayments accounts | Receipts andpayments accounts | Receipts andpayments accounts | Receipts andpayments accounts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period start date | Period end date | Period end date | ||||||||||||||||||||
| For the period from |
01 Day |
September Month |
2023 Year |
to | Day 31 |
Month August |
Year 2024 |
|||||||||||||||
| Section A Statement of receipts and payments | ||||||||||||||||||||||
| Unrestricted funds |
Restricted funds |
Expendable endowment funds |
Permanent endowment funds |
Total funds current period |
Total funds last period |
Total funds last | ||||||||||||||||
| to nearest £ | to nearest £ | to nearest £ | to nearest £ | to nearest £ | to nearest £ | to nearest £ | to nearest £ | |||||||||||||||
| A1 Receipts | ||||||||||||||||||||||
| Donations | 6,560 | 6 | 6 | 6 | 6,560 | 7,980 | ||||||||||||||||
| Legacies | - | - | - | - | 1,000 | |||||||||||||||||
| Grants | - | - | - | - | ||||||||||||||||||
| Receipts from fundraisingactivities | - | - | - | - | ||||||||||||||||||
| Gross tradingreceipts | - | - | - | - | ||||||||||||||||||
| Income from investments other than | ||||||||||||||||||||||
| land and buildings | 7,984 | 7 | 7 | 7 | 7,984 | 712 | 712 | |||||||||||||||
| Rents from land & buildings | - | - | - | - | 8,357 | |||||||||||||||||
| Gross receipts from other charitable | ||||||||||||||||||||||
| activities | - | - | - | - | ||||||||||||||||||
| - | - | - | - | |||||||||||||||||||
| A1 Sub total | 14,544 | - | - | - | - | - | - | - | - | - | 14,544 | 14,544 | 14,544 | 14,544 | 18,049 | |||||||
| A2 Receipts from asset & | ||||||||||||||||||||||
| investment sales | ||||||||||||||||||||||
| Proceeds from sale of fixed assets 253,620 Proceeds from sale of investments A2 Sub total 253,620 - - Total receipts 268,164 - - ~~—~~ |
- - |
- - |
- - |
253 - 253,620 268,164 |
253 - 253,620 268,164 |
253 - 253,620 268,164 |
253,620 - 253,620 268,164 |
18,049 |
| A3 Payments | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rectory Sale Expenses | 5,506 | 5,506 | ||||||||||
| - | ||||||||||||
| Investment management costs | 165 | 165 | 59 | |||||||||
| Payments relating directly to charitable | Payments relating directly to charitable | |||||||||||
| activities | 28,217 | 28,217 | 18,861 | |||||||||
| Grants and donations | ||||||||||||
| - | ||||||||||||
| Governance costs: | ||||||||||||
| - | ||||||||||||
| Audit / independent examination | - | |||||||||||
| Preparation of annual accounts | - | |||||||||||
| Legal costs | - | |||||||||||
| Other | Other | Other | ||||||||||
| - | ||||||||||||
| - | ||||||||||||
| **A3 Sub total ** | 33,888 | - | - | - | 33,888 | 18,920 | ||||||
| A4 Payments relating to asset and | ||||||||||||
| investment movements | ||||||||||||
| Purchases of fixed assets - Purchase of investments 220,000 220,000 A4 Sub total - - - 220,000 error Total payments 253,888 - - - 253,888 18,920 ~~SSSSS~~ |
||||||||||||
| Net receipts / (payments) A5 Transfers to / (from) funds Surplus / (deficit) for year |
14,276 - - - 14,276 871) ( - 14,276 - - - 14,276 871) ( ~~——————~~ |
APPENDIX 2
ST MARGARET'S EPISCOPAL CHURCH
SC004621
Section B Statement of balances
| Categories Signed by one or two trustees on behalf of all the trustees B3 Other assets B5 Contingent liabilities B4 Liabilities B1 Cash funds B2 Investments |
Details | Unrestricted funds to nearest £ 5,439 14,276 |
Restricted funds to nearest £ |
Expendable endowment funds to nearest £ |
Permanent endowment funds to nearest £ |
Permanent endowment funds to nearest £ |
Total current period to nearest £ |
Total last period to nearest £ |
|---|---|---|---|---|---|---|---|---|
| Cash and bank balances at start of year | 5,439 | 6,310 | ||||||
| Surplus / (deficit) shown on receipts and payments account |
14,276 | 871) ( |
||||||
| Cash and bank balances at end of year (Agree balances with receipts and payments account(s)) Details |
19,715 | - | - | - | 19,715 | 5,439 | ||
| - | - |
- Fund to which |
- asset belongs |
Market valuation to nearest £ |
||||
| Last year to nearest £ |
||||||||
| 885 SEC Unit Trust Units | 26,296 | 24,104 | ||||||
| 8292 SEC Unit Trust Units | 295,752 | - | ||||||
| ~~Thrntn Invtmnt Mnd~~ | ||||||||
| ~~oos eses aage~~ Portfolio |
246,377 | 267,017 | ||||||
| (as at 31 July2024) | ||||||||
| Details | Fund to which | asset belongs | Total Cost (if available) to nearest £ |
568,425 | 291,121 | |||
| Current value (if available) to nearest £ |
Last year to nearest £ |
|||||||
| Details | Total - Fund to which liability relates |
- | - |
- |
||||
| Amount due to nearest £ |
Last year to nearest £ |
|||||||
| Details | Total Fund to which liability relates |
- | - | |||||
| Amount due (estimate) to nearest £ |
Last year to nearest £ |
|||||||
| Signature | Total Print Name |
- | - |
|||||
| Date of approval |
||||||||
| 11/17/2024 | ||||||||
| 11/17/2024 |
/ Statement of balances
December 2007
2
APPENDIX 2
ST MARGARET'S EPISCOPAL CHURCH
SC004621
Section C Notes to the Accounts
C1 Nature and purpose of funds (may be stated on analysis of funds worksheets)
C2 Grants
C3a Trustee remuneration
----- Start of picture text -----
Individual / Number of grants £
Type of activity or project supported institution made
Total -
If no remuneration was paid during the period to any charity trustee or person connected to
a trustee cross this box (otherwise complete section 3b)
----- End of picture text -----
£ Authority under which paid
C3b Trustee remuneration - details
C4a Trustee expenses
If no expenses were paid to any charity trustee during the period then cross this box (otherwise complete section 4b)
C4b Trustee expenses - details
C5 Transactions with trustees and connected persons
| Nature of transaction | Number of trustees £ |
Number of trustees £ |
|
|---|---|---|---|
| Nature of relationship | Transaction amount (£) Balance outstanding at period end (£) |
||
C6 Other information
/ Notes
December 2007
3
APPENtIlX2 l Notes Dernber 2(M)7
APPENDIX 2
ST MARGARET'S EPISCOPAL CHURCH
SC004621
Additional analysis (1)
Analysis of receipts and payments
1 Donations
| 1 Donations | 1 Donations | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted funds to nearest £ |
Restricted funds to nearest £ |
Expendable endowment funds to nearest £ |
Permanent endowment funds to nearest £ |
Total current period to nearest £ |
Total last period to nearest £ |
||||
| FWO/Open/Gift Aid Received | 3,635 | 3,635 | 3,915 | ||||||
| Donations General | 3,765 | 3,765 | 3,730 | ||||||
| - | |||||||||
| - | |||||||||
| Total 2 Grants |
7,400 | - | - | - | 7,400 | 7,645 | |||
| reference Unrestricted funds to nearest £ |
- Restricted funds to nearest £ |
- | - | reference Total current period to nearest £ |
reference Total last period to nearest £ |
||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| Total - - Unrestricted funds to nearest £ 3 Gross receipts from other charitable activities |
- | - | - | - | |||||
| - Restricted funds to nearest £ |
Expendable endowment funds to nearest £ |
Permanent endowment funds to nearest £ |
- Total current period to nearest £ |
- Total last period to nearest £ |
|||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| Total | - | - | - | - | - | - | |||
| - | - | - | - | - | - |
4 Payments relating directly to charitable activities
| Unrestricted funds to nearest £ |
Unrestricted funds to nearest £ |
Restricted funds to nearest £ |
Expendable endowment funds to nearest £ |
Permanent endowment funds to nearest £ |
Total current period to nearest £ |
Total current period to nearest £ |
Total last period to nearest £ |
||
|---|---|---|---|---|---|---|---|---|---|
| Provincial & Diocesan Quota | 2,027 | 2,027 | 3,752 | ||||||
| Church Expenses | 12,589 | 12,589 | 5,985 | ||||||
| PropertyExpenses | 13,269 | 13,269 | 6,573 | ||||||
| Administrative Expenses | 332 | 332 | 366 | ||||||
| Investment Management Costs | 165 | 165 | 59 | ||||||
| Purchase of SEC/UTP Units(investments) | 220,000 | 220,000 | - | ||||||
| RectorySale expenses | 5,506 | 5,506 | 2,185 | ||||||
| Total | 253,888 | - | - | - | 253,888 | 18,920 | |||
| - | - | - |
Additional notes (1)
December 2007
APPENDIX 2
SC004621
Additional analysis (2)
5 Breakdown of unrestricted funds
| 5 Breakdown of unrestricted funds | |||||||
|---|---|---|---|---|---|---|---|
| Receipts | Unrestricted fund 1 - enter name of fund below |
Unrestricted fund 2 - enter name of fund below |
Unrestricted fund 3 - enter name of fund below |
Unrestricted fund 4 - enter name of fund below |
Total unrestricted funds |
Total unrestricted funds last period |
|
| Donations | 6,560 | 6,560 | 7,980 | ||||
| Legacies | - | 1,000 | |||||
| Grants | |||||||
| Receipts from fundraisingactivities | |||||||
| Gross tradingreceipts | |||||||
| Income from Investments other than Land & Buildings | 7,984 | 7,984 | 712 | ||||
| Rents from land & buildings | - | 8,357 | |||||
| Gross receipts from other charitable activities | |||||||
| Sub total Receipts from asset & investment sales |
14,544 | - | - | - | 14,544 | 18,049 | |
| Proceeds from sale of fixed assets | 253,620 | 253,620 | |||||
| Proceeds from sale of investments | |||||||
| Sub total Total receipts Payments |
- | - | - | 253,620 | |||
| 268,164 | - | - | - | 268,164 | 18,049 | ||
| RectorySale expenses | 5,506 | 5,506 | |||||
| Gross trading payments | |||||||
| Investment management costs | 165 | 165 | 59 | ||||
| Payments relatingdirectlyto charitable activities | 28,217 | 28,217 | 18,861 | ||||
| Grants and donations | |||||||
| Governance costs: | |||||||
| Audit / independent examination | |||||||
| Preparation of annual accounts | |||||||
| Legal costs | |||||||
| Sub total Payments relating to asset and investment movements |
33,888 | - | - | - | 33,888 | 18,920 | |
| Purchases of fixed assets | |||||||
| Purchase of investments | 220,000 | 220,000 | |||||
| Sub total Total payments Net receipts / (payments) Transfers to / (from) funds Surplus / (deficit) for year |
220,000 | - | - | - | 220,000 | - | |
| 253,723 | - | - | - | 253,723 | 18,920 | ||
| 14,276 | - | - | - | 14,276 | 871) ( |
||
| 14,276 | - | - | - | 14,276 | 871) ( |
||
| - |
Nature and purpose of funds
Additional notes (2)
December 2007
SCOTTISH CHARITY NO: SC004621
SCOTTISH EPISCOPAL CHURCH DIOCESE OF BRECHIN
ST MARGARET'S EPISCOPAL CHURCH (Lochee) 17 ANCRUM ROAD, DUNDEE, DD2 2JL
ANNUAL REPORT AND ACCOUNTS FOR YEAR ENDED 31 AUGUST 2024
Bankers: Royal Bank of Scotland Dundee Chief Office (A) Branch 3 High Street DD1 9LY
Independent Examiner:
ST MARGAREfs EPISCOPAL CHURCH: LOCHEE ACCOUNTS- YEAR ENDED 31 AUGUST 2024 Scottlsh Charlty No: SC004621 INCOMING RESOURCES Donations.. Con ation & Voluntar Unrestricted Donations FWO & Gift Aided Donations Open Collertion Gift Aid Tax Recovered Donations - General Hall FuneralslBaptisms Bequests/Legacies BT Refund SSE Refund TOTAL re Givin 2024 2023 1955 2657 840 312 946 500 3130 440 3005 320 loo 1000 21 314 8980 6560 OTHER INCOME: Rectory Rent Fund Raising ventures Investment Income TOTAL 8357 7984 7984 712 9069 SALE OF RECTORY: 253620 TOTAL INCOMING RESOURCES 268164 18049 RESOURCES EXPENDED 2024 2023 Provincial & Diocesan uota 2027 3752 Church Ex Altar Expenses Flowers Pulpit Supply Clergy Expenses Organist/Organ repairs TOTAL enses 103 40 9800 86 2600 2615 235 3095 12589 5985
ST MARGAREfs EPISCOPAL CHURCH: LOCHEE ACCOUNTS- YEAR ENDED 31 AUGUST 2024 Scottlsh Charlty No: SC004621 Pro Heat & Light Wifi Itelephonel Church/Hall & Rectory Insurance Alarm Servicing Gas Servicing Fire Appliance Servicing Gardening (Church & Rectory) Cleaning Materials & Cleaner Renewals and Repairs TOTAL enses= 2024 2847 147 2023 1855 53 1933 2851 264 720 802 1950 503 1595 227 3011 13269 604 6573 Recto Sale ex 8nses'. 5506 2185 PURCHASE OF SECIUTP UNITS Ifrom Rectory Sale income) 220.000 Administrative Ex Printing Postage Stationery Lottery Licence Miscellaneous Investment Management Costs TOTAL enses.. 237 271 20 20 75 165 497 75 59 425 TOTAL RESOURCES EXPENDED 253.888 18920
ST MARGARET'S EPISCOPAL CHURCH: LOCHEE ACCOUNTS - YEAR ENDED 31 AUGUST 2024
Scottish Charity No: SC004621
BANK BALANCE
| BANK BALANCE | |||
|---|---|---|---|
| Balance from Previous Year Incoming Resources Resources Expended BANK BALANCE at 31 August 2024 INVESTMENTS MARKET VALUE St Margaret - 885 units - SEC/UTP as at 31 August Rectory Fund - 8292 units - SEC/UTP as at 31 August Thorntons Investments - managed portfolio - as at 31 July TOTAL |
2024 5439 268164 253888 19715 2024 26,296 246,377 295752 568,425 |
2023 6310 18049 18920 |
2023 |
| 5439 | |||
| 2023 24104 0 267017 |
2023 | ||
| 291121 |
APPENDIX 3 OSCR Idi QnIY Re8ul6L Klèpgndent •xaminef8 report on the xcounts Rowt lo the Charity name tru•t•e•lm¢mb•rs of ST MARGAREfs EPISCOPAL CHURCH (L(thee) Reol8ternd charlty SC004621 nwnber On accounts (rf th8 charfty forth perk•d F>eriod start date Month PeAiod énd d0 vrth Oay Ye4r 01 September 2023 ust 2024 S•t out on pag•6 (remember to include the page number8 of Ra8tIv• re8pon81bllltb•s ol The thartty's trustees are responslble for Ihe preparation of the acxounts in a(EordanG8 with the terms of the charib.es and Trustee Investment (So)Uandl 2005 Act and the tn18t•a and examln•t ChJTiti"es Accourts (Scotland) Regulatn$ 216 {a5 arnendedl. The chaflty tn6tees ¢onsKler that the 8Jrt requirement of Regulati 1011) Id) of ihe Accounts Reguklion5 doe¥ not 8pFAy. 11 is my resFnn3iblrty to examine the aLKounts as requir&l section 4411) (c) ofthe kt and to state whelher ptKul8r mattern have ¢cAne to my attention. Ba¥ls of Indepond•nt examinkn.on is Med out in &cordance with ReguLgtN)n 11 of the 20C6 ACcJntS •x•nln•r'$ 3tst•m•nt Regulabons. examnation includes a review of the accounb'ng re¢d8 kept by the chanty and a cornpanson of the accounts EYested wlh those records. tt also includes Conser30n of any unusu4 rtems or dwjosures in the accounts seeks explanaions ftom ihe trusteès Concerng any suth matters. The procedures undertaken do not provlde all th& evIde[ that wouhl be requre(I In an audit and, ¢sequentIY, I do not expres¥ an audit opInn on vkw given by the accounts. Indep•ndent •xnkn•f• tn the cthjrse of my exarnin8in. no m8ttw has come to my attenn Eother than that glves me reasonable cause kn bell Ihal In any matsnal resFect the reqLMfements'. to keep acccJntin9 reccrds in ar£(¥dan with sect)n 44{11 (al rf the 2005 Act.and Regulation 4 ofthe 2006 Pcc)unts Regdatr)ns, and to prepare aCccnts whKh accord wrth the acwunb'ng reCoS and mplY with Regulats'on Q ofthe 2006 knunts Reg8t)n5 hav• not b¢en m•L or 2. to which. in my opinion, attention should be drawn in order lo enable a proper Slgnéd: Name: R•lèv•nt prof•10naI qualrfiNtion{8) or body Irf •ny}: Addre8$: "Please delete the wcds In the trKackets rf they do not appty. If the words (t appty. sd out those matters which h8V8 cc¥ne to your attention on the followng page.
APPENDIX 3