United Diocese of Moray? Ross and Caithness
Accounts For the year ended 30th September 2024 Scottish Charity No 004655
Contents Diocesan Standlng Commlttee report Statement of trustees, responslbilltses Indep8fKlenl Examiner's report Statement of financial actlt8 Baance sheet Notes to the accounts 8-17
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United Diocese of Moray, Ross & Calthness Dlocesan Stsndln8 Committee Report for the year ended 30th September 2024 The Diocesan Standin8 Committee present their report of the Diocese for the year Ènded 30, September 2024. The Legal & AdmlnTrstrative Informalft page as previously Set out also forms part ofthe report. Objectives & Actlvities The DSocese1s one of seven Dlocese5 of the Scottlsh Eplscopal Church and Is 8overned by Canon Law. The objectives and main actNities of the Dloce5e throughout the year have continued to be the provision of sp1rltual, clerical and financial support to the Charges throughout the Diocese, the administerirvd of Provincial gtants, mlssion work and thè development of training. In terms of Its Constitution, as presented to and agreed by Diocesan Synod In Mard) 2012, the DI0$e ha5 four Trustees, for thè purpose of taking titles to properties within the Diocese, namely the B15hop, the Dean, the Chancellor and the Registrar. The ofFice of Chancdlor is currently vacant. The Standln8 Committee acts a5 the Executive Committee of the Dlocese between meetings of the Synod. It implements Synod decisions, supervises and reiVeS reports from various Boards and prepares for Synod meetinES. It has delegated the day-to4ay administration to the Admlnistration Board who prepare reports, ¢ash flows, budgets and accounts for the Standing Committee's review and approval. Employment matters have also been delegated to the Adminlstratlon Board. There 15 3150 a Board for Mission and Ministrythat oversees misslon and mlnistry work acr05S the Dlocese. The Diocese contSnued to work to meet its objective5 Wlth regard to the runnin8 of Dlocese. The day to day management of thè Diottse ha5 been delegated to the Bishop. The day to day flnancial Managnent ha5 been delegated to the Dlocesan Treasurer. Athlevements and Perforrnance The Diocese of Moray Ross and Caithness, operats'ng throu8h its offKèrs. both lay and clerlcal, exlsts to support Its clergy and charges in furthering the mission of God's church to the communities of the DI0$e. Thls Is achleved by the visiting of all areas by the Bishop and by the work of the Mission and Ministry Board and Mlsslon P&St5 and by the presence In local communities of members. young and okl. in many spheres of artivity. Finandal Review Overvlew The accounts show that there wa5 8 deficit of £6,071. The dèficlt before the gain on the investment would be £66,779. The defi¢it was budgeted for and wlll be met from Diocesan reserves. There are a number of designated funds Inote 141 and these operate as indlvidual reeelpts ar payments ac¢¢unts for the funds set 85ide for particular purposès. The fvnds held in thè Mlssion ProwsKsn account has decTea5ed in value by £41,329. It is thls fund, along wtth the Dunderdale Fund, that provides Charges with help with their stlpendiary costs and supports Mission in the Di0$e. It Is projected that there are sufficlent funds to continue at the ¢urrent rate of assistan for years after whl¢h the reserve will be depleted. An application is currently being made to Provence for additional funds to augment these funds. Prlnclpal Fundln8 Sources The Diocese is deperldent formost of its income on quota contributions from charBe5 and block 8rants received from the Pfovince of the Scottish Eprseopal Church. The Provincial Block 8T8nt has allowed for greater flexibility In how the Provlncial funds are distributed with due regard of course for the spirit in whith thlsgrant is awarded. The quota contributions from charges are based on budgeted expendlture for the Diocese whi¢h Is allocated arnong charge5 in proportlon to thÈir assessed income and thelr investments.
United Diocese of Moray, Ross & Caithness Dlocesan Stsndinz Commlttee Report for the year ended 30th September 2024 Investment Pollty The investment Powers of the Diocese are governed by Canon Law. The Dlocese retalns all its securltles investmÈnts in the Scottish Episcopal Church Unit Trust Pool IUTPI. The Investmenl pollry of the UTP. vthlch accords with that of the Stsnding ComrnFttee. is to earn a return On the assets, over the lon8 term, sufficlent at least to maintain the real value of the dislribution to unit holders. The UTP Investment committee recognlses its responsibilities to optirnise Investment return5 whilst strivin8 to meet reasonable ethical investment expectatlons, It aims to invesi In ¢ompanles that will not onty successfulty develop their business financially in the interests of shareholders, but also demonstiate responsible employment and good corporate govÈmance practices. that are consclentious regardin8 environmentsl performance and human rights, and that art wlth sensitivity to the communities In whlch they operate. The Admin Board reviews the Investment choice from time to tlme. Risk Managernenl TheTfustee5 have assessed the major risks to which the Diocese is exposed and are satisfied that Systems are n place to miti8ate exposure to the majttr risks. The prlnclpal risks are.. Oependency on collectlng quota frorn char8es- thSs is managed through regular monitoring of re¢eipts and follow- up wilh ¢har8es, reVW of charges, annual account5, and regular pastoral contact with ¢harges,' Reliance on investment perforMan¢e- all funds are placed with the Scottish Episcopal Church UTP which Is considered to be a low-risk product with sound ethical ba51S. Reserves Pollcy The Diocesan Standing Committee conslders that in the event of a significani drop In funding of actiVTtie5 not Involvlng the admlnistering of Provinoal grants, the re5etve5 represented by unresirl¢ted funds not desi8nated for speclflc use are adequate tg maintain the Dioce5e'5 curierbt a¢tivf(ies for a reasonable perlod until replacement fundlng Is obtained. In Ilne wlth other charitable bLxlies of a slmllar size and level of financial comrnitment, the A(Imlnlstration Board seeks to malntaln a minimum of 3 months, aveia8e annual expendlture in freety available reserves. Itls the Board'5 poficy to malntaln that adequacy. Note 16 sets out the various funds hdd by the Diocese. These funds are suffiaerrt at present to meet the obligatlon of the Diocese. Structure. Governance and Mana8ement The Diocese is an unincorporated Scottish charlty. subject to Canon Law of the Stottlsh Episcopal Church and Resolutions of its General Synod. The Ditr¢ese Is governed bya Constitutlon dated IO, March 2012. The Dlocese Is ieg15teced with OSCR and Fts charlty number is SC004655. The princlpal governin8 body of the Diocese is Diocesan Synod, which meets once eath year to receive reports. appoinl committees and officials, and transart any other business referred to it. Its membeTship comprises the Bishop. all Instituted, linse or commissioned dergy in the Diocese. 8 lay representatNe elected by each Charge. dlocesar¢ officia15 and members of the laity licensed to a speclffic duty wthln the Diocese. Between meetinÈs of Synod the Standing Committee arts as EKe¢utNe Committee ol the Dio¢ese. It is rèsponsible for managing and safeEuardin8 the a55ets of the Diocese. It implements Synod de¢islons, Superv$e5 diocesan committees and communications between them, and considers btrsiness raised by Charges wlthln the Diocese. It meets at least fNe times each year. For the purpose5 of ¢harltles law, the mernbers of the Standing Committee are the Trustees of the Diocese. The Convenor of the Standlns Committee 15 the Bishop, who is appoinled by Canon 4 of the Code of Canon5. The Dean, Chancellor. Registrar, Secretary, Treasurer, Synod Clerk, Cathedral Provost and Convenors of the Mlssion and Ministry and Administration Board commtiees are members ex officio. There are also hvo lay members of Synod elected at Diocesan Synod. The Stsnding Committee has power to fill ad interim vacatKies
Un ited Diocese of Moray, Ross & Caithness Dloce5an Stsndln8 Commlttee Report for the year ended September 2¢)24 occurrlng between meetings of Synod. A Diocesan Officer for the Protettion of Children and Vulnerable Adults is appolnted by the Bishop and Is a member of the Standlng Committee. The existing Trustees are famlllar wlth the woik of the DISe and the re8ulaiory framework of the Standin8 Committee having met to dlscuss Ihe requirements and to ensure that trainin8 and advice b In place for new member5. New members of the sian(Ilng Committee are given an Induction and receive relevant support lor their role on appointment. The remuneration of key personnel is determined on the basls of scale5 complled by General Synod of the Scottish Eplscopal Church. The Stinding Committee has two pendant committees. The Mission ar Ministry Committee's remit is to encourage. accompany and resource local congregatlons and individuals on theirjourney of faith. Its remit also includes tralnlng for ministry and minlsterlal developmerit. The Adminlstration Board is concerned with the administratlon and day-to.day flnances of the Dlocese. It is re5POf15ible for the preparation of budget5 and cash flows, the seitlng of Quota contrlbutions from char8es. and the preparation of the annual accounts. Each Committee has a number of subsidiary committees reponing to It. The United DI0$e of Moray Ross and Calthness is part of the Scottish Episcopal Church which has a Provinclal base in Edinburgh. The Provincial structure does not affect the operatln8 pollcy of the Diocese ¢n a day to day basls. There Is a General Syno(l of all seven Dioceses held annualw and the Dese is obll8ed to follow the decisions of General Synod. Plans for the future The Diocese 11 contlnue to develop and support the fflission of rhe church within the Hlghlands. Moray and Aberdeenshire by workln8 With the Ioc31 char8è5. This will include1ookin8 at how best to irnplemgntln8 the Sttrttish Episcopal Church policy related to Net Zero and supporting cler8y in an ever more difFicult finanoal cllmate. Approved by the Trustee5 on and slgned on Its behalf by..
Unlted Diocese of Moray, Ross & Caithness Dlocesan Standlng Commlttee Report for the year ended 30 Septsmber 2024 Statement of trustees, responslbilities The trusiees are responsible for preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and Unlted Klngdom Accountlng Standards Iunited Kingdom GeneraltyAccepted Accounting Practice). Thelaw applicable to charities in Scotland requires the trustees to prepare flnanclal statementsforeach flnanclal vèar which give a true and fair view of the state of affairs of the charity and of the incomlng fesources and application of resources of the charity for that perlod. In preparing thesèfinancial staternents, the trustees are required to: Selert suitable accounting pollcies and then app them consistently Observe the methods and prindples in the Charities SORP Make judgements and estirnates that are reosonable and prudent state whetherapplicable accountlng standard5 have been followed, subject to any material departures disclosed and explained in the financlal ststements and Prepare the financial statements on the goln8 concern basis unless It Is Inapproprlate to presume that the charity will contlliue in business. The trustee5 are reswnslble for keeping proper accounting records that di5do5e with reasonable a¢¢uracy at any tlrne the financial position of the charity and enable them to ensure thal the finarncial statements comply with the Charitles and Trustee Investment (Scollandl Act 2005, the Charities Accounts Iscotlandl Regulation5 2LX)6 las amendeill and the provlslons of ihe charltvs constitution. They are 0150 responsible for safe8uèrdlng the assets of the charlty and hence for taklnÉ reasonable 51eps for the pievention and detection of fraud dnd other irregularities.
Independent Examinerfs Report to the Trustees of the United D5ocese of Mora Ross and Caithness I report on tho accounts of the Trust for the year ended 30 September 2024, which are set out on pages 6 to 17. RespeGllve Tesponsibllltles of trustees examlner The charills trustees are responsible for the piepamtion of accounts in accordance with the terms of the Charitie5 and Trustee Investment {Scoilandl Act 2005 and the Charilies Accounts (Scolland) Regulations 2006 (as amended). The charity trustees CSIder that the aLKlit r8quiremenl of Regulation 10111{a} to {c) of the 2006 Accounts Regulations does not apply. 11 is my responsibility to examine the 3c(x)unts as r@quIrj under section 44{1 Mcl of the Act and to slate whether particular matters have come to my attention. Basls of Indgpendant •xarnin•rfs r•port My examination is carried out in accordance wf(h Regulation 11 of the 2006 Accounts Regulat5 (as amended). An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presenied with those iecords. It also includes consideration of any unusual items or disdosures in the acAX)unls. and seeks exp18nalions from the trustees ¢on¢erning any such matters. The procedures undertsken do not provide all the eviden¢e that would be required in an audit, and Ix)ns4uently I do r1 8xpress an audit opinion on the VEW given by the accounts. Independent •xamin•rfs statement In the course of my examination, no matter has Come lo my allenlion.. (1} which 9ives me reasonable cause lo believe that in any mat1?1 respect the requirements: to kèap accounting records in a¢¢ordance with section 4411)(al of the 2005 Acl and Regulation 4 of the 2006 Accounting Regulations {a8 amended) to prepare acwunls which accord with the a¢¢ounllng records and comply with Regulation 8 of the 2006 AOunt$ Regulations (as amendedl have not been mel. c 121 to which, in my opinion, attention should be drawn In order to enable a proper understanding of the accounts to be reached. Ag Accounlancy Limited Elm House Cradlehall Business Park Inverness IV2 5GH epencen examiner The Institute of Chartered Accountants of sIlaftd
Statsment of Financial Acllvllles for the ar ended 301h September 2024 Unr¢ridod FuThJ5 Roarictyd tksignatsd Funds Fwds FuDd5 Toi31 2024 Totsi 2023 DonatM?ns & hantablE KbwtiBS ¥eth¢ntin2<¢ne Total 1.834 88,101 17.579 2W2.514 7&770 28.874 265,604 2948 143,669 1.158 17.579 14.424 426,852 434.528 10,979 15.715 10,979 15.715 107,6H Charit48 ¥th8 Tot81 J2.114 )2.114 8,028 8,028 15.715 15,71S 167.774 167.774 493,631 493,631 438.426 43B,426 Not entS 60.708 2,951 6,746 13.7951 160,IWI 5.215 154.9151 16.0711 16,858 TTanst¥s t*ln 52,539 16.0711 0th0r9alt& igs mo¥eTrent infurk15 1795 54915 6,071 16,&IB Toi•l fwd5 tyrou ford porty introducod Tot¥lftrKb¢•rrtdfoThMd 1.039.194 1.DrA) 1.256.833 6,746 3)1.1188 1.347.028 1.330.370 Ig51 24e,172 1.S)5.956 1.347.tr28
Balancg Shoot as at 30th September 2024 2023 F•d A*g¢t8: T8ns¥trde Assèts 10 919.537 458.718 1,378,255 6g9,012 398,010 1.097,022 Total fixed assets CurroDtAss•ts'. 12 227,361 109,1S8 336,518 210.800 202.802 413.602 Cash Bt ba 8TrJ In Total thrrent 8ssels LbIllI1•#. Creditors: amounts lalling duewithin on¢ y6ar Net ¢urrgnt assets Total a588ts lèss cJmnt I11•thes 13 208,818 163,596 127.701 1.505.956 250,008 1.347.028 Tho fund$ of th• char6ty: Vnrestridod funds D8519Th3t&l fuNIs Restricted funds Totsl tharity fund8 15 14 17 1,256,833 246,172 1.039,194 301,088 6,748 1.347,028 1.505.956 2w.oa.as Ap[ved by Star¥Jlng Commltee on ........... . .. ... . and gned cn Its by. Trustee
Notes to the accounts for the year endod 30th Soptember 2024 Aceounllng pollcl•• Staiom•nt of C¢mpllan¢• The finandal sta18rnts havè prepar8J In accordanGewith Ar£ounling and Repcrfng by CharitiBs.' S1tc{ReC0mm&ed Prodice aFpllc8ble to chqrilie5 prep¥in9 thr accoun16 in 8ryx)rdBn wlh the Flnandd Reporting Standard 8pplicabl8 In the UK n RepuNicof Ireland IFRS YIY21 18ffectlve 1 January 20191 and the Charities and Ttystatr Investrnt (Scx)dand}A 2005 8nL% Iho Charib"es Accounts IScolaThdl R&Julations 2008188 aMded>. Bgslg of pr•paration Unitd Thoce¥e of MOTJY. Ross and Callhness meets the definillon of a publlc benefit undw FRS 102. Assels and Ilatmlities are inthalty rettgnlsed 8t hlstorica (x)St UT Irans8£tn value unless oth&rvA$e stated In Ihè rdwant a¢¢ounlng pollcy notes. The thadty has tak athanlage ofthe FmMSiCfiS in the S¢fiP not to prem a Ststsment of Cash Fhy. Th8 slatnents are wepar8d In stfrfln9. wNch Is the func110n curranoyof the ¢artty Monetary arnounts In Ihese ffiTrand ststements are round1 to the ¥881 £. 1.3 Judg•mBnts The use ol Jgerortt wlhan eccounting po5tses is not deemed to t•d a 8b3nthcant eff8ctoTr the amounts remni$¥d in th8fin8no81 ststemort8. 1.4 Kèy of •Étknats"on and un¢wt41nii¢s ThBre ar• deem¥ to be no kEy source5 Dfe5Jmatkn uncwtslnty on the lzfry1 amounts of8s8ets and liabilibe5 wlthln tho ffinandal slalements Fund aoUntIng policy Unrestrided ItKome fvnds we general fund$ thBt ar8 availablefcr use #ttho dis¢r8Uon of the Tru#ts&s In furtheran¢e of the objecv85 ofthe tharity. Des[1¢ comylse fund5 hvhK have bgn set aeat tho dlsrx¢bon ol Ihè Slandlng Ccrnm11tee for Sp1¢ purpts888. The wrposes and uses of lh8 é8slgnat8d fvnds arè $¢t out In Ih8 notes 10 th8 a(xx)unts. Réstrsdèj funds are those donat for u$e In a parllrJJLgr area or for SPETrf%NJrrme8. Ihe useof Ythich 15 ra$¢ to that area or purp)se. 1.6 Transkn3 bbiw•&n lund Transfer$ bptsvow Jrth are mado ot dl$cralon olthe Tnb8ieès. In¢omlng r•8ourco8 Donalws kndude. 4)plate. Gfft Taxrgcowered therel. are 8cfKAJnted lor In Ihe y of recdpL All other Income15 recogniwj whth) it 18 weivable. Gwts Ih8t provide core art of a 98rvarnl nature are rEca9Ths¥d wh8r8 there is entiIernL certainty of rP1aj tho amount C4n m6awred with 5ufficiert rdlAblllty. IntmIng r8sourc85 are allOled to the approprfat8 fiJTrd (r8Str or urYeStrt8d}éep8J1n9 ythether )lthg doruK plac85 re5tridons Ihe ino)m8. Detsrred Inme rwesents amounts r8ceW for bJbJre periods and is leaSed to incomng re50urw in the period for it has been reca¥ed. Suth Income 15 cnty defwed . The donor sptcifios th8tlh8 grant or tknakn'on mu5lonty bè us¢d In fulure accmtiry wlods.. or . The th)nor h86 ImpoY (Aythkjns whlch mustbe met b•for¢ Ihe tharfty has Unnditiorl ent1111.
Nots$ to the accounts for the year ended 30th September 2024 Regourc•o Exporthd Lk?bilibès 8re recOgned 8sthare188 legal ¢r ¢ty)$lTucth obllg8tknnc4mmlltlry ttY 10 th8 8K4wdllwe. Al eJpprKFrtur6 1$ 8cc0Lffj frKon an ¥L¥u&ls basts and ha$ bfien dassIfi undw dIng$ thai8ggrEgJte 1 rt18ied 10 Ihe catewy. I re¥ource8 exptsnd&Y ore ¢b¥¥ifi•d urdBrty¢tivityh•oding3 trhO1 a99reg4ts all eosts rd4tod to trMcatooL¥y. Irreso¥erable VAT io¢horg¢d ogainst th• ¢st•yoryof rgsoLrceÈ èxpondad nanco¢0sts r•wes•nt tsxptyrdK en the ollho tsoeAEO. Tanubblo ffix•d au•ls •nd dBpr•ttlatlon Tlln9ibktfjaSSals 0thgrtr•nfr¢¢Mld land are rb•tyeapitoi6d atCC61. cpredaJon Is prvwded al tates E8l¢uLgt•d i0te0ff cost, kn6s tt's rfr5hlual valu• of aa¢has88t owltsfjxpd y1 lrfe fonths.. Freehc4d lènd •r¢ 1j19& FixbJr8¥, fitbn9$ &•qupnw Comput•r E9ulpmDnl hjotrx VoFI•s ) d•pr8¢ eharggd 25% red1n9 balanc& ba$k and 25% slralghulnè 10D% str31ght IinB basls 25% balance basL% rArywation18 Nl Cha9 m IroBhoid knd & bU1n9$ 85 the Estiffiatwj rosk1ual valL1s noi mBterfal drft¢rw)tfrom th8 ¢Ing1uts. Thls Is a and tsirviw4 Dver.rfda. 1.10 In¥04tmwts vqslmerts siaiad ai m@thetvaluB osal 30th Saptèmbw 2023and are held prxnarflyforan Invgstmgnt V08trn8rts hdd ntho Sttotbsh Episco1 Unil Ttysi Pod-a IlslAd Invaslrnenl. Unit prica& ale c•lcul8ted rnonthtyba5td c sb¢k m8rket1luctua1. G8ins and bssès on r8YalLk9tycr of investm¢n arètsken Io the SeIr Fin8r¢k81 AciMIs kn Ihe pgmd Invthkh th8 gain cf bs5 Caeh and equlvalents Ca6h C4Gh eqUlWdts Inu0¢ c¥$h in hoThY. dap>sit8 al tal bsnks, Lhw 51vrt-lerm h'quid nvestments with orriginal niaiLffjbe¥ of three mDnth5 orl8ÈÉ, aTKI bank overdrafts. Bank ovrdr8ts 8r8 shoym ithin bcao¥rfn9& In¢wrenl li•bilitieE. Fih•ni¢¥l InslnThr chjrity h35 B1èClt0 apply ts w0v1w$ (Asection 11 '88wc Finantvdl InStrer¢S. and s]n J2 'Olhw Fin4n¢thl InstrLm8nts IS88. ofFRS 102 to ali c¢1tyfinaal Instrumernts. FinaneAI Instrumants are rocogr¥sed In lh8 ¢hariV$ baance sh1 lh8 charity patylo the cDrtr&tual krflhe trnent. Finanoiql 8s¥et5 ond Ikybih'bos ofi8•( wlth thè naiam(ty pr08•71gd In trthfhiandal statoment& the g kgallyenftyrcpab righi io sotoff Ihp rewnisèd amounts and Ih•re Is an intenfjon to setogon bBEi8 orty mliwthègssal aTrJ lbilty simurtMIs1y. 8ty$i¢ flnantlal aB•otr 8a¢financial assots. vhch Ilude debtors cash and bank babrK05. 8Tr Ir1¥11yM889jf?d aitransa¢tlon kyke IlUdINj transaction ¢08is and are SubseqnlY caM8d al arrK)rUsod Eosi usln9 th8 efftclive MreSt rn8 le&S the arra0ment con511lus a nnandrg tr•nsa¢tton. where the transaction is measured al the wesenlvaluo of th8 future rBceiplsé15CQUnted al 8 mark41 raleof wrttrl8$L nancIal assets ¢las51fied r8Vableilh1n yoar arè not amortl$8d. B••l¢ fin81 lknbllRI•s B•Bk ffftan Ilat41rt184 tdir¥j Ergdltors and bank an$ aro Initially r4cognlsJ ai Iransact&)n r¥te wless
Notes to thè accounts for the year ended 30th Sèptember 2024 tr • knann9 d¢btlnsbwmurt •tthe pr•É¢nt yu VI1VIre Pa¢tsdlQu •t•mth4trat• oflntero¥L Finaw•l C4&fied & y•e CbtlnstrurnrtsaffjstheqLilyc8rrfaWjniS&I ¢crt Lhothea1ectlbElnter851r TtJdÈ LYedkn&ateobllgoJ¢ns to P8yforgoodsor B•f4icq5 thaih•¥¢ wulr•Y Inthorrfiiarye&urÉa owatityn$frtrh WI1$. ATrts ppb¢blJ arèdaÈsthd gs ujrrnnl liatsles O paYTrt is one ar ¢vless Wrh)t. theY&reper¢ as nonrren1 IiabiHues. Tfade¢reddors recoglse(l InNLqllyai alOrb$¢0 the effectivelnlei¢at lIAbl are tchan5 tttsntr&thualctlWbnse¥4re or th)aroJ Uod. Ta¥wkJn The DcesE Ban4K•rnpicharttydI5 nol lab toewwr8on Tax ¥¥thinthè ofthe TaYo5 A(utdingtyil In pspectof irtcrttsand ¢apttal n¥ lQthe extenithat SL incorn•or Qaiare¥Ppld purkKFB5. The Dt0¢e8econlrf towards adthedeontrbuvon $cherne athini5tertd and cwr•bY tyyth•&ottish E[1 Churrh. Tré 8$sets olthe 5¢hern¢¥ÈheNI wgrststyfromikne tsfthe LioceEe. tsalcantlos Pba¢t0¢ thKwJghlhe StHtErnenl cl FhalAcMesa5th¥bxo pa&gble a¢¢tydarte vdth ihe 0fthesEo. EmO>S dthe&Dcese we entitw lo pErwn thEDX8se making 8 ntrilI altré lots 322% ¢f51thardsbFthd or saary as The trLJSta cSr Ihattre no urwwnti2sabrArtthB charfws abIlty wThlhiup 10
Note8 to th• accounts for thè year 8nded 30th septeMr 2024 2024 vo1untsrylOrn Donalons Bishop's Lent &otrfjraowal$ PrlOn Crngk Inn proltcts GT(yJped ChBrp25 164,455 4.421 415 66.412 56.1 14.665 78.770 $8,705 117.203 186.8Y 166,745 SEC gr4ntS-Dw¥8n owaoons SEC 9rant5-ch¥is opera5 SÉC grnDts- PrfmU$ Grdnts from Je Hogpttalty¢harygB Efftploymenl JllLYWKB 18,Xfj 45.892 14.578 14285 28,874 7&131 13.426 400 2DO 10,979 6.746 1.3 181è Sundry ii¢omg Dund¥rdde Fund-$10 18.715 15.715 13.545 13.5 28,874 37.724 6.T40 T8.131 3ll SEC 9r•nis-Dl¢XTr operk>n Mison8 Mln YouMI Dan Curnry 8hop's trayel 5,784 3,48S 2ffj97 5.3 4.292 4.673 14. 18,566 3b $E¢ grAnts.Cttarg•tsop•Y•w IDG GtDUP ofChurchfr¥ MISonprStf0r IrNeme55 mOn sypport seThd Incrnaso sknport Northw31 ¢hatyèS Dund1rd@ Fund (ISirtF0n 16.196 21,599 $,098 14. 31186 8,475 .549 10.950 Z8.874 11, 8.972 9500 45.892 4 In¥estrneM In¢orn• EoWen1 fvrwJ$ tNStincon Rèntsi Income Inwe r¢¢elvob 1.818 1&107 113 12.115 2.654 17.579 2.1g6 14.424 11
Notss to thè accounts for the ar end8d 30th September 2024 2024 2023 Tu No 71,274 15715 13,545 ml9918 mini8ty tho¥&exwse& CLracyo)sts Pr0virtl o 5b 7)43 129.& 47,840 48.722 A[aDbL¥5ed Cmimiiee 8 SyDod Oearfs eXpanS Loan Sntgresl Wor¥p& mi*kstyr Grants payab 11,552 4.810 3.237 4392 49.5e9 123.294 86.128 47,1r>8 5.694 1¢4.394 115,710 230,497 8M28 16.71S 13,S4S SlwTrJ 32.B70 5.49) 112S1 3,fjWd 16,71S 312C• 4,9 .607 3.731 1239 6.147 58.886 13,546 Pewlon HOU9 cost9 C8r& wenses 71.274 13,95 5b & mlTrlrtry S•lwlo9 & 4xp•rS SaL£nes, Nl & pws sup0] InL¥ea5e SuFyort 71. 120,823 U7 71.843 129,55& 2024 2DrJ fuThth Grnnt• DlsbuwieniofSEC So OlibuwièntofothBrgrJnts Missbn Devekiimenl BorJÈtactGIAnt Re¢w& Fthid 48,589 .211 1441 49,e67 20M91 8.028 11.776 47.108 49.SB9 026 86.128 sd D15bursemwrtoFSEC 9rants Fundfoi Chargps Supprt toreb¥r9B ¢v(Ost5 IKrEJse [t Re¢& R1 Fthid 1913 167 45.892 2,097 11925 1.449 14,941 48.589 26261 12
Notes lo tho accounts for the year ended 30th September 2024 )24 2023 SwDrtCoBts Treasur6Y & Wmu8 PAS4ary Dbx•san Rtyistr8r Wardèn oftrx Crask AdminiAth¥tors'Sa Trankng YDuthwoTk D8prtti•tk)n Reni, rnie&. cleanlng & H•al& light. Dio¢•s•n offi Prfntiw. posts &fax hospilalty&wAnts Intemei & ¢omputsrc4sts DkÈan buildifoB walrs Tmel costs 88nkcthrg6s Sundrfes f¢S£I0rFll FOD$ Indendent EKamirwsfee 49.411 3.518 37,348 20.aPJ 15.832 15.319 1514 10D 6,379 16.454 3.172 3,4 290 1273 1,377 e.630 4,352 287 614 574 5.737 9,186 1080 3,437 3.0 11.rn 123,294 6.538 115.TlO 5.694 ThèfollwrvJ rÉcowed legs OrremuralioThuring treswas 1,. paynt$ere made iothe tlocesan ReuL4tsa¢s legal servlces prOvj 28.$16 Thtf¢¢ lo tho Regitrarfs Im irKlu10d the ¢ostof pr•pThrr¥J thg R•>'gtsrof Controlkgd Interest. The¢wt is raeovÈ<Èd fiotTrChargos overa 10 54ar ped(J ata rate of£2.500 rr annvm. The prevkJu&anO wffeni 5vr 5it8 in the 8U$ ae anfj$geL Thist4)bin$ the dyarityboiwoeD th• r¢9otr•r$fe•lrILIed BUWrt(y)4ts and ornount wid to li¥fflrni. Th•W•rd•Trof Ihe ¢k w2# pa a galaryof Tre Dkxwn TasUrS PA%Y&s a$lry or 27,921 IndEdeNt ExWn•r8 r•mLmofdtloTh 2024 loz3 ExaD¥tiatth)ef tho fan¢14 $tstsments 222 13
Notes to the accounts for the year ended 30th Soptember 2024 7 Twstea$ r•munoratlor• and DwrvJ Ihe r. th•Bwsslll¥YoUnIfJkn£4B,SBS.l3{w23 £44.7531. Tbe 8Lnhmfor pèyTh8niof th• s8ry1s ¢won LW. In p8rt1wbr. Caion 6. contytrthns01£11251 (2023 £9.eoTlwe Iso p&d•Ji the Ihe llr. Bi6hop alsa thB u8eof8 ¢ar. PAsqrnts wwe rnade ts lh8 DkK¢saTh Reglstrdrfs foi kg81 ¥trA¢e8 woved amowtynu ts£28,518(2023tt0.8751 TreaBW & Prirnu$ PA ietehrtdaOI£27,92y(2o23 r26.49BI Contr1bthryy of£8.995 120¥6 £8.7311 we alsopAhl th8 >5r.Tre Tr&Wurers1s [9.5 foraddiiitsnd htsjts E4.844is1rtIj as accw in thewunts. tr40$1 eoffibulkn$ w•pd Cllheadditwql DLthrvJ Ihe r, DKUS8aLso pth wense5kn tru$es •$folhxY5 kn reBpeGtof htyJsin9. lIall. rnoknr& expw$e¥ 21f24 2023 21,704 11,117 4.191 4.292 bY9hcp Dean Emplo)Y•s 2024 2023 Numb•r of •mployS The averag6 number of 8mploy8as during Ihey90rwa5'. Misslon dlopMt AdmI8tra¢l The empby8e numbers are a he o)wt and Ind full and Fqrt limg ernployeos In post8t the year erKI. 8b Employmant costs Wages and saLgrfes Taxes & sod81 security casts Pensk)n (xjsts 149.625 12,997 40.545 203 168 114,807 25,03) The nurnbw 01OYeeS annual r¢Muneratn m¢ro thon £60,000 16 aB follow8.' £eo,Th)o- £S9.999 PeMlon The ¢h8rlty operate5 8 defkned ¢trtbut>Th per6k)n sch8m8. The pens1 (x)st charge forlhe pth)d represents conlributions payablts by the charfty lo ihe amounted £40.54512023 £25.0301. Tha optton to contrlbuw addltlonal voluntJry ltr1mIOn8a8 made avE41able trj all on the pa1. The curaleb pen8ion o)ntdbulon was outslarKlÉnG 81 Ihe end of thefjn8ncaal year. This has been for In lh8 aL¥x>unts. No penaon Gon¢ribubon was paKI on the addition31 ts)ur8 by iho trtssurer. TJx•tion Thè Dce8& h•6 attaptsd as 8 lax purpos8s. Rebel 1$ thwefore due under Sectim of Ihe IrMxm8 and CorpoAloTh Taxes Act 1988 m1er ScJttlsh Charfty Number004655. 14
Notes to the accounts for the yoar ondgd 301h Soptsmbor 2024 10 Twglbh ftxed as¥¢ty Froehold 13rwJ & buildirJs Wor Vehicl&s FMlur88. ngs &wulPrf Atoi.iozJ AddMk)rB Di5[x)5% At30.09.24 696.255 17S.874 2&05Q 4.711 719.3DJ 236.979 56.394 Deproclati Atoi.10.23 Charge for year At30.0924 711 19,682 711 14.099 Net bvpk v41u• Al3D.4 871.416 42.295 919.597 At30.09.23 695,544 899.012 IOJ La•d & 8ulldlng• BIshUp House '058COnlre Si Marf¥ thrch & flai, UlLqpo rk imprtvemènls $1 MarfE in tho Fidd$ 28Q125 175,420 240,000 10,874 165,QOO 871418 In¥68tMonts SEC Ur1 Tm¥t- Il$t4 IngIments hold primaNlyl¢r an Inv4slmenl relJm Unr8gvkt•d rurxl Totsl Llnits 30.CQ24 Matht value 30.09.Zd Addrflor valw adjusknèntio .09.24 Market aiw.09.24 998,010 39QQ10 60.708 458.718 45 718 12 O•btor6 2024 Prepawn?nts aTrJ accwed IncDmg Car loans herdqbtors 17.821 01289 12,136 1&417 197.404 129.094 21 227 361 e(K) 13 ¢r¢diiof8.' •rnount6falllng y••r 2024 Trad& credltors Car14an Acc15 6,623 105 15,816 2,273 1Y2.760 3,195 3.307 156.989 OthBr¢knrS DefeThd in¢om81g madèup 8sft4kn'. Pwnckql grant unLMd 2,273 3.3)7 15
Notes to th• accounts for the yr 8nded 30th Soptomber 2024 14 l1119 Fwnds The fuThdsofihe DlOGtttlnUdOtht1Q1kThlr¢g de¥gnJtsd havo bTr ¥•t•$ outof byth• St4ndin9 Comrnkn•trokwfic pufpog•9 BsiAn at 01.10.23 Incoming Resources Balance at N 30.09.24 exp¢nddd IDI(] rAtyiderdAlo Fwd tAscfjmmÉnlGranl Fund RetrBais TrOlr Cr¥8k Inn M156x>n Pmion Len14 CTrrAppeal Fund8 Youth Work ehwch R¢rwal Fund SD¥y$e MIBsloTr Trsnsntun Gtsni NDrihWest¢hapJB¥ For.. 10. 19.813 4.&)$ 3.166 49.8bT 229.381 4t5 56,153 147,6161 I88.2 574 10.000 ,458 e,765 26.048 .449 6.746 46.279 12.0271 2.787 32.195 337 8.475 23 4.047 2.177 4,047 2.177 W£b51 Maintrte orke e4uipmer 2.814 246.172 301, 106.689 167,773 6.170 Th¥ Dunrttrda Istc be u¥Bd the ¥upportof ch8[ Infinti1eed. ThB Dknmm8niGrdnt Fnd was 51 up to small9ranls to thw4e gonYJthroUghtsprnce55ddi¥¢6nI Thè tr£nsItioTran] w$ setupto as5tchEgS Kithtsln¢re8ge kn 51ond CDSL%. Tha Retreats Fd fjB EsnTrartoJto a$$l$ith thgfingnclnyoldéwarthrlayretreat The Ck Inn Fund rÈwnLs fundsreGeW and dltlbLed In reLalK>D he Thk TnIng Schgm& 1oc¢lvgg pa•Trts trorn ¢rtrCOof Ihg ¢wr8es. Funth pthed 11 ID defraythe co¥loffufvr6 traifing evBnt& The fvyVi$n [¢ 1$ there to support mwon inits&lhYs In the 010¢88• Th& LIMAp1 Fund TrpwnLtsLfnS(gc•lvod knT app¢è&as dacldqd bythE Bishw hnsun6 Startnu Cornmitt4è. GroLyed ChargÈg artfuntsd Irrm fflumle 8ourco83Lh 8scongwatknrt thNe8¥ng8nts & Thv prtytsion$ area meanyol WT¢aJn9th0 c051olww0i1u ovèra numt¢rofFarBg)th•t a Lxthyd(Ys not pa¢1 edverty on8 f¥J.. 14A R•wrtMlrLtknn mveffthtollundi wlth th• 80FA 181,646} 06.128 167774 Grarts Mov•merf on lynds ResourcesexpBndBd lQ7 774 117 774 16
Not•$ to the accounts for the year •nded 30th Septembér 2024 2024 15 G•n Baaw8101 IOYJ Prwrtylrtnth¢ Ur1¥e gainsryrwsonlrf485DnqtlS Im9.194 1&fj.000 ,70B 19,60UI 1.027W4 20.55e {11.5841 Tra[thrfrLqn0IefUNd BA141294 1156.833 1.L139,194 Genyol FurdlsaMmbirAtTr)noFhJthJ6 byth•tloc050 rulearkId %)rwoBpLVPOSBS. 16 R•gtrwodfuTrd TrAnthr6 IIDVt) 01.10.23 .09.24 r88thLod fu¥ Bre tsfa w4rrtfrom T Bor¢ff TTrL%tbt( bewsèj bytr•th4rtYkn¢tArtIBGdvJro1oCtht 17 ANty•hoFn fvndl 1olBI fvj$ b¥lurwal YJ.09.24rnwzSEthSty. 10 919.$37 435.266 112.045 919,537 4.718 3518 18 2S,450 220,723 2.ts1 13 1.256.833 2.1 246,172 stralbbtanmaIWTr DIStythOngry nd 20S9 39) 127,226 3.916 127,228 Centrd 412.281 41 StrlllPknnMaw4eum are1j1lh&hlknfU5fr tytr£ DftsrTh maims¢£ Of11&ll5017. suw0sand4riepII furl$ have Wrt•i¥•afromctAryosbytr¢dall tslpasyngrt. 19 R4I4E•d po Thg Cr¥ik IM Lld iTrJW 2Wto run Th9 CraGk EhBrity pahl llFE37267 Q023.e)),844loDt•iff 4fT CMklM Lbj. TwWE,thètthytsU(* 15£08,111. Te¥e$I LndutscDuryJy. Con¥ol Th8thrftywas uTrJerthe¢ortfd 17