APPENDIX 1 oscr Penod start date m￿lh 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 seCy￿aY 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 unIn￿l￿rated 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 parishi￿er5 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 se￿ICe- 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 CC￿InueS 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 Cu￿ent 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 De￿rnber 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 Q￿nIY 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 d*0 v￿rth Oay Ye4r 01 September 2023 ust 2024 S•t out on pag•6 (remember to include the page number8 of Ra8￿tIv• 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) Regulat￿n$ 2￿16 {a5 arnendedl. The chaflty tn6tees ¢onsKler that the 8￿Jrt 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 p*tKul8r 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 ACc￿JntS •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 EYes￿ted wlh those records. tt also includes Cons￿er3￿0n of any unusu4 rtems or dwjosures in the accounts seeks explanaions ftom ihe trusteès Concern￿g 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 opIn￿n on vkw given by the accounts. Indep•ndent •x*nkn•f• tn the cthjrse of my exarnin8i￿n. no m8ttw has come to my atten￿n Eother than that glves me reasonable cause kn bell￿ Ihal In any matsnal resFect the reqLMfements'. to keep accc*Jntin9 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 aCcc￿nts whKh accord wrth the acwunb'ng reCo￿S and ￿mplY with Regulats'on Q ofthe 2006 knunts Reg￿8t￿)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 wc*ds 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