Scottish Charlty No SC004848 FIFE: EDEN TAY PARISH CHURCH OF SCOTLAND (Previous name Llndoros Parish Church of Scotland) TRUSTEES ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 Congregation No 241491
FIFE: EDEN TAY PARISH CHURCH OF SCOTLAND TRUSTEES. ANNUAL REPORT YEAR ENDED 31 DECEMBER 2024 The trustees present their annual rewrt and financial statements ol the ¢harity for the year ended 31 December 2024. The financial statements have been prepaied in accordance with the a¢¢ountsng policies set out in note 1 to the accounts and Gomply with the General Assembly Regulations for Congregational Finance, the Charits'es and Trustee Inveslmenl (Scotland) Act 2005, the Charities A¢¢ounts IS¢otlandl Regulations 2006 (as amended) and Accounting and Reporting by Charities.. Statement of Recommended PraGti¢e applicable to charities preparing their accounts in a¢¢ordance wilh the Finanoial Reporting Standard applicable in the UK and Republic of Ireland effective Irom 1 January 2019. OBJECTIVES AND ACTIVITIES The Church ol Scotland is Trinitarlan in doctrine, Refomied in tradition and Presbyterian in polity. It exlsts lo glorify God and lo work for the advancement ol Christ's Kingdom throughout the wortd. As nation?1 Church. il acknowledges a distinctive call and duty to bring the ordinances of religion to the people in every parish of Scotland through a terril9ri81 ministy. 11 ctroperates with other Churches in various ecumenical bodies in Scouand and beyond. ACHIEVEMENTS AND PERFORMANCE 2024 has been an exciting and challenging year, when on 1 Octobei 2024 the five parishes that made up the Eden Tay Cluster united to form Fife.. Eden Tay Parish Church of Scotland. Throughout all of 2024 services of worship were held each Sunday, wllh a shared service on the first Sunday of the month and services in each of the individual churche5 the remaining week5. SpeGial services were held for Easter lincluding early morning 5etvi¢es at Pitmedden and besKle the River Tayl", Christmas lincluding carol singing at various locations in our bcal communities and BereavemenVBlue Services in Newburgh and Howe of Fife}', New Year,. Harvest,. Wodd Day of Prayer. Remembrance Sunday; Amisti¢e Day end a Lambin9 Service. Different styles ofworship included Café Church, Messy Church, Crazy Chur¢h and occasional ecumenical Taize services. The Parish Eeumenical Chaplain organised a monthly weekday ecUrrnical cell Communion Service and in Newburgh there was a monthly joint service with the local URC congregats"on. Services in Edenshead and FreUCh were regularty recorded and made available lo vlew online.
FIFE: EDEN TAY PARISH CHURCH OF SCOTLAND TRUSTEES. ANNUAL REPORT YEAR ENDED 31 DECEMBER 2024 has continued lo provide music at shad services under the guidance of Sandy Fal¢oner. Following the service of Union, a unitsd service was held on the first Sunday of each month. travelling around each of the church buildings, with fwe servkos held each week for the m81nder of the mnth. This pattem continued until the end of 2024. Slralhmiglo Church was sold in October 2024 in Ilne with the Fife Presbytery Mission Plan. Rev Jane Barron conducted a final service in the chuich on 22 September 2024. whh was attended by many people who shafed memories of times pasl and Idlowing the final processing OLJt of the elements, the churGh doors were ceremonially Glosed. 8uggy Buddies, a weekly baty and toddler group meets weekty in Newburgh Hall, with a regular attendance ihrough the year. Crazy Church and Messy Church sessions were held in Newburgh and Freuchie churche$ [lOdallY and Forest Fun Days ran in Newburgh Glebe. There was a week long holiday club for school children in Newburgh and teenage games evenings run weekly there in term time. Relath)nships continue to be fostered with all our local primary Schools - in Auchlemiuchty the local school children and their famllles Completely filled the church again for their end of Christmas term service. In Falkland, the Mission Development worker, Susan Thorburn ted as gu#Ye to groups from Falkland Primary School and Falkland House School visiting the church. Nativity plays were included in some of the Christmas services. Ch muni Church buildlngs across the Parish have hosted many community activities durin9 2024. Auchlermuchty Church is the setting for an annual exhibib.on held during August by Auchtem)uchly Herilage Group visite¢J by several hundred people and offers I(al heritage infomalion throughout tho year with a documented graveyard lour and information on the history of the building. During the loeal Open Gardens weekend the Ghurch was open for ticket sales and refreshments. The hall and Session House are both well used by the local Community, in¢luding the Theatre Group. Auchtermuchty Colts junior footballers, the Twirlers, the local Flower Show and other groups for various events. The hall Is particularfy popuLar for children's birthday parties. The Falkland Lunch Club, which meets weekly in the community hall celebrated 30 years of seryice in January 2024. Freuchie Church began bi- monthly community lunches in ils hall in the autumnlwinler of 2024, supported by a Presbytery Mission Grant. Falkland Church continued to open regulaty throughout the summer months to the thousands of tourists who flock to the village. providing information on the history of the building in various languages and offering an opportunity for quiet reflection in the beauliful sanctuary. The Church is also 8 popular venue for musical performances. In August it hosted Cel8braling Falkland in conjunction with the Falkland Society wilh talks, walks and access to archived paper5 and photographs, Newburgh Church provides a venue volunteers to assist with weekly Royal Voluntary Service lunches in conjunction with Fife Health and Social Care Partnership, a regular games afternoon and a Knit and Natter Group. A Cornmunity Choir led by professional muslanS meets every week in Newburgh during term trme and claSsal recitals are held from time lo Ilme In Abdie Kirk. The Lindores Drarna Group performeé °Rundown Abbey" lo a packed audience in June and organised an Acts of God variety show in October, with contributions and attendan¢e from all over Frfe. The Fife Nativity Play was held in the giounds of Lindores Abbey in Newburgh in December and involv&d many members of the parish in the cast and as helpers. For many years a well-estsblished Pastoral Care Team in Auchtemiuchty has been offering support and friendship through visits and telephone calL8. This service is now spreading threughoul thè wid81 Parish, as more volunteers receive training.
FIFE: EDEN TAY PARISH CHURCH OF SCOTLAND TRUSTEES, ANNUAL REPORT YEAR ENDED 31 DECEMBER 2024 Many of our congregations provided Christmas shoe boxes for Blythswood Care and support local foodbanks. Christmas gifts were Co1cted in Freuch* and Falkland for distribution by the Salvation Army. Freuchie Church continues to support a child through Compassion UK and Auchlermu¢hty Hall 13 a regular venue for coffee mornings supportlng a number of local charities. Fund5 were collected during 2024 for Christs'an Aid. Mary5 Meals. World Day of Prayer and CHAS. nOr&S continues to support a loGal woman who undertakes humanitarian aid work in Ukraine. Prior lo the union, regular newsletters were distributed in each perish to keep members informed and all the churchès had websites or social media presen¢es lo publish details of services and events and inforrnation about the churche5. Since the union a new website has been Creat for Fife.. Eden Tay Parish to provide informatlon about the parish, serviee details. access to recorded services and new5 about events. along with a Faceb¢ page. A monthly newsletter is also issued to all members via email and hardcopies. FINANCIAL REVIEW Totsl incomè for the yèar was £277,082 (2023- £270,083). with the main source147°Al of income coming from donations- (weekly offering8, Standing orders, open plate and related gift aid refunds). Thi5 income from regL•lar donations is down by almost £10,000 from the previous year, refleIng a diop in membership and support. largely due to the impact of thanges lo serVe schedules and proposed building closures. Vve remain very grateful lo those who continue to support the parish $0 generously through this lime of change. On a more positive note. income from use of our buildings has increased in the year, as has our investment Income. Expenditure increased from £257,552 10 £379.913, mainly due to large fabric costs12 x boiler replacements and church roof repairs) in the year and i1reaSeS in utility costs. This resulted in a deficit for the year of £77,92912023 - surplus £37,601). Total funds at the end of 2024 were £528,553 (2023- £606,482). INVESTMENT MANAGEMENT It has been the policy of the trustees lo place any sUlUS funds with the Church of S¢ollaThJ Investors Trust with a view to enhancing investment income and protecting capilal. Reserves for long lerm liabilities are invested in the Growth Fund or Income Fund and any cash likely to be needed in the short to medium term are placed in the Deposit Fund. Around a third of our general funds are held in a Tttreadneedle fvnd, with a market value of £110,869 as at 31 December 202412023 - £103,041). as well as a holding of Lloyds 9.250/0 non-CLtmulalive irredeemable preference Sha$ with a market value of £4.99812023 - £4,672). All of the fvnds are managed by reputable investment managers and continue lo deliver positive rettjrns. RESERVES POUCY The trustees have considered thè reserves required and have taken into account their current and future liabilities. It is the policy of the tiustees to hold reserves equivalent lo 6 months expenditure, including de$ignaled funds. As at 31 December 2024, the unreslricled general funds held werg £336,45112023- £357,240). The church also held £118,28612023 - £162,160} in restricted funds.
FIFE: EDEN TAY PARISH CHURCH OF SCOTLAND TRUSTEES, ANNUAL REPORT YEAR ENDED 31 DECEMBER 2024 RISK MANAGEMENT The trustees have preparèd a Risk A$Sment document which covers potential risks faced in telalion to the various church properties and general health and safety. The document contains miligalion strategie5 and relèvant containmènt actions. This document is reviewed periOdllY for any ne¢e55ary change5. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing Documènt The congregation is a registered charity. number SC004848 and is administered in a¢¢ordance with the lemis of the Deed of Constitution {Unilary Forml and is subje¢t to the Acts and Regulations of the General Assembly of the Church of ScolL4nd. RpGruitment and Appolntmanl of Trustees Members of the Kirk Session are the charity trusteès. The Kirk Session members are the elders of the church and are chosen from those members of the church who are con$ideTed to have the appropriate gifts and skills. The Interim Moderator, who is a nEmber of the Kirk Session, 15 appointed by Presbytery and chairs the meetings of the Kirk Session. Mfrrger Statomgnt On 1 October 2024 Lindores Parish Church of Scotland (the continuing Charityl United wilh Edenshead Parish Church of Seolland.. Falkland Parish Church of Scotland.. Freu¢hie Parish Church of Scotland and Howe of Fife Parish Church of Scotland. The name of the United Challty was changed from Lindores Pansh Church of Scolar¢d to Fife.. Eden Tay Parish Church of Scotland with effect from 1 October 2024. The union was Caled out in line with the File Presbytery Mission Plan, duly approved by the Faith Nurture Forum of the General Church of Scotland. 01ganisatlonal Structure The Kirk Session meets regulady and is responslble for both splrflual and temporal affairs. Certain responsibilities ale delegated lo the Finance Team, the Mission & Outreach Team, the Pastoral Team. the Property Team, the Se$$n Cleth's Team, the Website and Communications Team and th8 Worship T&am, as appropriato.
FIFE: EDEN TAY PARISH CHURCH OF SCOTLAND TRUSTEES, ANNUAL REPORT YEAR ENDED 31 DECEMBER 2024 REFERENCE AND ADMINISTRATIVE INFORMATION Chanty Name: Fife= Eden Tay Parish Church ofscotland Prevlous Namè: Lindores Parish Church of Scotland Charity Registration Number. SC(X)4848 CongregatKJn Reference Number.. 241491 Previous congregat)n Reference Number. 261589 Contact Address: Leckiebank Farm Auchlermuchty Cupar KY14 7ED TRUSTEES from 1 January 2024 to the date of approval of accounts:
FIFE: EDEN TA Y PARISH CHURCH OF SCOTLAND TRUSTEES, ANNUAL REPORT YEAR ENDED 31 DECEMBER 2024 For infomiation - Trust•o8 of thg non-contlnulng charftle8 8erving from 1 Januory 2024 to 30 SoPtemb•r 2024: Edenshead Parish Chu
FIFE: EDEN TAY PARISH CHURCH OF SCOTLAND TRUSTEES, ANNUAL REPORT YEAR ENDED 31 DECEMBER 2024 PRINCIPAL OFFICE BEARERS Inlerim Moderator. Pionoer Ecumenical Community Chaplain.. Session Clerk: Tr6asurer. INDEPENDENT EXAMINER BANKERS Bank of Scotland Royal Bank of Scotland Tru$lges' Rosponsibilities In Relatlon to thg Flnanclal Stslemgnts The charity trustèes are responsible for preparing 8 trustees, annual report and financlal statements in ac¢ordance with applicable law and United Kingdom Accounling Standards (United Klngdom Generally Accepted Ac¢ounts"ng PractiGel. The law applicable to chanties in Scotland requires the charity trustees to prepaie financial slalemenls for eacn year which show a true and fair VI of the slate of affairs of the charity and of the income and expenditure of the charity forthat period. In preparing the financial statements, the trustees are required select suitable accounting polic$ and then apply them ¢onsistently,' observe the method and princlples in the applicable Charities SORP,. make judgements and estimates that are reasonable and pruden( slate whether appllcable accounting standard5 and stsl8ments of recommended wactice have been followed. subject to any departures disclosed and explained in Ihe financial statements,. prepare the financial statements on the going con¢em basis unlgss It is in?ppropriate to presume that the charity will continue in op8rational existence. The trustees are responsible for keeping adequate accounting records thal are sufficient to show and explaln the charity's transa¢tions and disclose with reasonable accuracy at any lime the fi'nanc1 position of the charity and to enable them lo ensure that the financial slalemenls comply with the Charities and Truslee Investment {Scotlandl Act 2005 and the Charib'e5 Accounts (Scollandl Regulations 200618$ amended). They are also responsible foi safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irwularilies. The trustees are responsible for the maintenancè and integrity of the ¢harity and financial information on the Congregation's website. Legislation in the United Kingdom goveming the preparatM)n and disseminalion ol financial statements rnay dlffer from legislalton in other jurisdictions. Approved by the Trustees on 10 September 2025 and signed on thelr behaw,
FIFE: EDEN TAY PARISH CHURCH OF SCOTLAND INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FIFE: EDEN TAY CHURCH OF SCOTLAND FOR THE YEAR ENDED 31 DECEMBER 2024 l Teport on the accounts of the charity lor tho y&ar ended 31 Dewnber 2024 which are sg1 out on pages 9 to 20. Rg•p•cOvtr ro8POMlbiliti08 of truste98 and examlner The charity's twslees ar& responsibl¢ for the preparalion ol the accoun1$ acoJrdance with Ihe tèrms ol th8 Charitios and Trustea IngIMent IS¢oUand) A¢t 2WS and the Chariti¢s AGcounts ISGotland) Rogul¥iK>nS 2006 (as am8ndedl. The eharity twstee& consider that the audll requirement of Regulation 10111 (al to (cl of th8 Accounts Re9ulations does not apply. 11 18 my resrrtjnsibility to èxamine th& accounts a$ requlred under section 44111 Icl of thè Act and to $tsts whether rtlar matter8 have come to my attènlion. Thls roport is madè to the trustees. as a body, in *rordance th the temis of my engagement. My work was undertaken so Ihat I might stst8 to the Iruslees those matlers l am requirèd to stat& to them in an independtsnl examiners POrt and foi no olh¢r puffjose. To the fullest extent pem)itte(I by law. I do not 8ecèpI or assume responsibility lo anyon• olher than the cwty and the trustees for my work or for thi$ report. Basls of independènt examiner's statemont My examination is carried out in acGor¢Jance with Regulation 11 of th6 Chorilies Accounts {S¢oligndl ReguLqlion8 2008 (0$ amended). An ¢xamSnation includes a review ol the accounting raeords kepl by the chartty and a mpari80n of the aOnts wesenled wlth those records. It also includes eonsideration of any unu$ual rtems or di$dosureg in the accounts, and seek8 explanations from Ihe trusteos concerning any such matters. The ocedures urKlertaken do not provide all Ihe evidence tFK41 would be requiied in an audrt, and consequenuy l (k) not 8xpress #n audit gpinion on th$ wew given by the aeceunts. IndepeIent ex4rnlnerfs statement In the course ¢f my examinatwJn, no matter has come to my atlenlion.. which 9ive8 me rea$onable cause lo believo that in any vnaterial reswct lh8 requirem8nls= to kefjp accovnting fgCOTds in accordance wth Section 4411} la) of the 2005 Act and Rogulation 4 of the 2006 AccoLnls Regulations, and to pr&paie accounts which accord with the ace4Junting records and comply wilh Regulatlrx) 8 of the 2006 Awounts R&gul8lions have not been mel, or to Ythich. in my gpirwon, attentlon should dravm in order to enabl$ a proper undeTstanding ol the accounts lo be reached.
FIFE: EDEN TAY PAFIISH CHURCH QF S¢OTL4MD STATEMÉNTOF FINANCIAL ACTIWlnES THE YEAR ECEMBER Unre¥¢rl¢tel R•8tfftted Endowwnt Funda Funds 2•23 23 Fwnd• Note$ 2024 Fynd• 2024 Fund8 2024 Totsl 2024 2023 2Q2J Incom•and endowmèmts frorn: DoniDns anu legade5 Ch8rab18 acb¥ttvdS Othpr irading activllle5 In¥osIml Incomè 138,522 18,795 17,140 8.535 11.859 68,638 2.101 140.623 20,362 17.140 16.S20 13.799 88.638 150,737 20.882 13,960 6.318 1.285 59,139 11.260 162.097 21.882 13.960 11.720 1.285 59.129 7A17 OthErn.fmm G•ngral Truste Tot•1 Inetsrn• 406 27 Expwdtturg 0Tr'. Raisitu fvndj Ch3ritstAe ac6$ 307 251,385 307 257,245 319.69D 67.497 2.728 379.913 5.480 380 Tutalexp•Thdttu t4 l•xpdUr•Tr15rttom Worg qalns Ifo¥•es1 on Irbvestm•n IS8.201} 144,3721 12.2581 11ff2.831} 29 11.878 12,53t NetQalnsC i)VastnIS 19.445 4.959 24.902 20.¢)46 ?.048 3.97e 25.070 Not InGornI(gxp•ndiiur•l In y•*r 136,7561 143.8741 2,701 177.929) 20.675 12.924 4.002 37.601 Transfers beiyeen Fun¢J5 2.699 12.6991 Netmw•m•nt th lund 138.7581 143,ft741 2.701 177.9291 23,374 10,225 4.002 37.• R¢¢on¢llIt0tt of fund•.' Totsl funds l¥rwhl foM8rd 377.919 162.160 66,403 6Cfj.482 3S4,$45 151,935 62,401 568.681 Totsl fvndsc8tr18d fort¥Ard
FIFE: EDEN TAY PARISH CHURCH OF SCOTLANO BALANCE SHEET AS AT 31 DECEMBER 2024 Untèstrfcted Restrl¢ted Endowmènt Total Fund$ Funds Funds 2024 Unrtttrietod Rvstdctsd Endowmgnt Total Fund$ Fun¢J8 Funds 2023 Fix•d Assets Tanglblo flxod assets Invg$bnents 263.837 10.259 eo.560 334,656 276,723 30,71Q 55.602 363.035 Total Flx8d Ass•ts 263.837 10,259 80,560 334,656 276,723 30,710 55.602 363,035 urrenl Assèts Doblots and prep8yThenl$ Cash at bank and In harn1 17,045 75.389 92.434 17,045 8.544 191.0 8,544 209.L5 15.618 89.135 15.618 10.801 231.386 108.027 1 D8,027 131.45a Total Current Assèts 104,753 131,49) 10,801 247,004 LlabSlltlgs Cre£Jilor$ duè within one year 10 Nèt Currènt Assets 115,1081 77.326 116.1081 8,$44 193.897 13.5571 101.1£ 13.5571 10.801 243,447 108.027 131,450 Totsl netas¥ets 118.286 9 104 528553 377919 162 leo 66 403 606.482 Toial Charlty funds 13 69 104 $28 S53 162.160 66.403 606,482 The accounts ware approved by the trust < 10 SepternÈer 25 anLI ¥9r)gd on Ihthr haff by.. Ewan Olwr, Interim Moderatoi Baara Acheson. Treasur 10
FIFe.. EDEN TAY PARISH CHURCH OF 8COTLAND Nores FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 1 ACCOUnn8 Pollclgs The charity rnèrg wilh four other charities with effect from 1 October 2024 as detailed in note 14. All charities previously PrePad Iheir Annual accounts on a Receipts and P8ymenl3 basis. The 2024 Accounts have bee prepared on an accnjals basis and the compar8fjve$ for 2023 and the opening balances al 31 Decgmber 2022 restated on an accruals basis . Th¢ priAcipal accounting policies, which hav& been applied consistantly in tho curiont and precoding year in dealing with items whh are considered matérial to the accounts, arè sèt out bèlow. Ba81s of pr•paration The ffflancial stalemttnts have been pr8par8d on tha accru$ basis in accordance th A¢¢oynling and Reporting by Charities.. StateTr78n( of Recommended Practice appllcable to charitl8s preparlng Iheir acrounts in accordance with the Financial Reporling Slandards applicable in the UK ond R¢Publ of Ireland IFRS1021 effective from 1 January 2019 and Ihtr Financkal Reporting Standard applicle in the UK and Republic of IlaTh IFRS102), the Charities and Tw31ee Inve¥tmènt (Seotland) Act 2005 and Ihe Charilies COunts (Scollandl Regulations 2006 las amended). Frf•.. Eden Tay Church of Scotland constitutes 8 publ ben8ffi1 entily as defined by FRS 102. The Trustees, consider Ihal there are no m8t¢ri•l urKertalnt16s that would lead them to question Ihg Ch4rity8 ability to continue 8$ 0 goin9 concem. The financial slatgment5 ar¥ prepared in sterfing, which Is the fvnclion81 currèncy of thè entlty and the amount5 reported ar& rounded to Ihe nearest £. Funds Fund$ af8 dassifièd as ether restricted fund5 or unreslri¢ted fund$, dofined as follows.. Re61ricted funds aTg lunds subject to specific requirements 8$ to their use which rn8y be declaied by the dc¥ior of vthh their authority or created through lègal process•s, but still within the wider Obj13 of the charity. Endowmant lunds are funds which have been given on th8 condition that Ihe original capital sum is not reduced. but thè ircome therè from is used for the purpose defined accordanc# with lh8 obiecls of the chartty. Unr6stricted ftjnds are expendable al the discretion ol thè trusl•es in furtherance of the objeds ol the charity. If parts of the unrestrictéd lunds are eamarked at the discreti of the Iruslee5 foF a particular pur5)ose, Ihey are designated as 8 Separate fund. This dèsignation has an administrative purpose and does not legally reslricl the trustees, discretion to apply the fund. Income I d¢)n8lions 8nd gtfts arB induded I1h1n incorn8 under eithèr unrestrl¢ted or restrl¢tsd funds accordlng to the lemis under which ihe donation is made and when the amount can be quantified with iea50nable certainty. DationS on¢J gifts in kind ar& brought into Ihe account8 at their market value lo the charity. Grant income i8 recognised Mthen receivable, where there is sulFIcient evidence ol entitlement lo rt. amcAJnt due can b8 reliably mea8ured and re¢eipl is certain. Exp8ndlture ExpendTrture is recolsed on an acclS basis as Ihe liabir Is Incurred. Donated $efyl¢o$ and faellltles Datl profe55ional servi(s and donated facilities are COgrSed as income when the Gharity Gonlrol over the item, any condition5 8ssoriat8d wrth th8 donated btem have been met, the receipt of economic benefii from the use by the charity of the item is probable and that economic b&n£fit can be measured reliably. In accordance with the Charitiès SORP IFRS1021 the general volunteer time of Congregation members is not recconised. On receipt, donated professlonal seiGe8 and nated fa¢ilibes are recognised on the ba$13 ¢f the valuè of the gift lo the charity whh is the amoun( the charity would have bè6n lling to pay to obtain services or facilities of equivalenl economic benefit on Ihè opan markat- a corresponding amounl is lfrn r¢cognisad as èxpanditure in thè pèriod of roceipt.
FIFe: eDEN TAY PARISH CHURCH OF SCOTLAND NOTES FORMING PART OF THE FINAMCIAL STATEMENTS FOR THE YEAR ENDED 31 0eceMBER 2024 1 Accountlng Poli¢i¢s {contlnu•dl FlnancSal In$trument8 Financial inslrumgnts 8re recognised in the Charit& balanc8 sh88t when IN? tharity bÈeomès party to the contraclual wovisions of the inslrument. Basic financial a55Èts {whlch Include debtors and cash and bank balancès) and basic fynual liabililies Iwhich include creditors) are initially measured al the amount receivabl or payable Includlng any transaclion costs and are subsequently carried at amortised cost uslng the effecliwe Snleresl method. Bas financial a8setslliabilities. classified a$ receivable1payatre within one ye•r. or• not amortised. Interest ro¢¢iv•blo Interest on funds held on deposrt is induded whgn r1Vable and the amount tt8n b$ mea$urod reliably by the ¢hurch,' Iht'8 is normlty upon rK)tification of Ihe inlère81 pai¢J lo payablg by the bank. Tangible flxed a8eets The charity has th¢ right to occupy and usè for it$ charitsble Obt$ certain tangible fixèd assets, including Churehes, halls and manses. vested in the Church of Scotland Gan6ral Trustees. No con$ider8th"on Is payable lor the use ol these asséts. Fabric exp8nsJituie incurred on the repolr and malnt8nance of these assels is chargecl a5 gxpendlture In the ststemenl ol financial activities in the yriod in syhich Ihe liability arises. I tangible fixed assets costing in excess of £2.OC4) having a value lo the charity greater than cffle year. othtrr than thL)3e acqu[d for specific purposes, are Gapilalised. Depreciation is provided on a $lraight-lin¢ basis to write off the cost or initial value, 1¢$$ residual value, ¢1 langlble fixed a$$frts over their e8brnal¢d uselul lives: Equipment= Fumstwe.. strajht line over 4 ye8rs Stra3h[ line ovev 10 years No equiprnent 01 lutnEtuie ha$ beon capllallsed. Investments Fixed asset investments are stated at market value at tho bolon sheet date. Unrealised galn8 an¢J I$0S represent the difference be$¥n th¢ m8rk¢t value at the beginning and gn¢J of tha financial year or, rf PL¥chasod in th¢ yoar, the difference behveen $1 and market value al the end ofthè yèar. Real'sed gains and losses represent the ¢Jiffergn¢g belwgen the PTo¢eed5 on dispos81 and the market value at the $lart of the year or cost If purchased in year. Taxatlon Fif•". Eden fay Church of Swtland is recognised as a charity for th8 purposes of apicable taxatIC legisl#lion arKI is Ihèrelore not subject to taxation on its Charitab actbviiies. The charity is not reglslered lor VAT and expenditure therefore includes irrecoverable input VAT. VAT refunds received under the Llsled Plx8s ofWDf5hip Grant Scheme are nette¢ off againsl the expenditure to wNch they relat0. C¥sh #t bank and In hand Cash at bank and in hand indudes deposits held with the Invest Trust. 2 JUdMenta and k•y Sources of tiMation unctrrtointy In the appli¢ation of the charitys accounting p¢li¢igs. thè trustee5 are required lo rnakg judgements, esbmales and assumptsons ¥b¢ut thg carrying amount of a65ets and liabi1it1oS that are not readily availab frcm oth8r sour¢o$. Tho estimate6 and associated ossumptions are based on historical exp8ri8nc8 and olher factois that are relevanL ktual results rnay differ from these estimat8s. In pr8parirrfJ these ffinanclal siat8m8nls. the trustees have made the lollowng judgements.. A¢¢ru81s Trustees e8bmal¢ the requrements for ¥¢crual$ using rK)sl year end information. This idèntffies Costs that ar8 expected to be incurred for servicès provided by olher partS_ Awuals are only rel8a5ed when tt)ero is reasonab expectation that these costs wlll not be involced the future. 12
FIFE: EDEN TAY PARISH CHURCH OF 8¢OTLAND NOTES FORMIWG PART OF THE FINANCIAL STATEMENTS R THE YEAR ENDED 31 DE Unr••tvl¢t•d R••lil¢t•d Endowmtr#t Funds Funds Funds 2024 2024 Unf•6trf¢t•d R•s¢rl¢tsd End*)wm•nt Fund8 FurKI$ Fumd& 2023 2023 2023 Tolol 2024 Tcrtal 2023 J Income Analy818 D¢nal1ons atMI l•gacl Offerln9B Offerings. FWO Offeriffiw- FWO Non Gfftl4d Gift Ald dOnatnS Tax ieGover¢d on GrftAkJ Le98Ci95 Aftei S8r¥lce Coffee Otherdonatlons and recepts 15,$43 13,122 11,859 64.047 26,56 15.543 13.122 11.859 64.047 26.569 2.OOD 713 6.770 10.439 26,442 7.052 70.466 26,94 10.439 26.442 7.052 70.4e6 28.g4 2.0 713 6,669 174 9.215 174 20.575 101 11.36 140 623 182 097 In¢om• fvom ¢harttobl• •diviti Weddings aThJ Fun8ra15 Guskj Falkla lunth cjub Coftee miKnitvJs & fuNJ raI6y CIu8ler tL#IJ Othws 2.92 2,138 6.291 7.724 2,542 2,138 6.291 7.724 1,700 2,312 4.83 11.246 640 145 1,7(N) 2,313 4.83 12.246 1CKI 1.567 1.007 Incom• fvom other tradlng actlvlU•8 Use of pr•mi5e 17,140 17,140 13.960 13.gf4) Invwlmpnt Deposltlnleresl YbJ8Th11 recdvad 1,787 0,748 6.639 678 8,42 8.094 836 5,482 836 10.884 Other Incom GraThts Receipts from General Trnst888 11,859 88.638 1,940 13,79 68.638 1,28S 59.13£ 1,285 59.139 Tolal Inci 277 082 4Q6 270 0
FIFE: EDEN fAY PARISH CHIJRCH OF SCOTLAPID NOTES FORMING PART OF THE FINANCIAL $7ATeMeNTS FORT YEAR 1 DECEhlBER 2024 UrrMtrl¢t•d R••trl¢t•d Emdowm•tht Funds Funds Fund¥ 2024 202• 2024 Unrngtrlctgd Atrd ETrdowm•nt Fund8 Fund$ Funds 2023 2D23 2023 Totsl 2024 2023 4 Analy$18 olExndItre Ral8lnq Funds Offorin9 En¥ebpg5 307 307 307 307 Charttabh AclYltl•J Giving lo Grow, note 5 Pt95tyytery Dues Minister5 Ird Minister'5 ExpBnse5 Tru8188$ Oxponsos Mlnistenai A581$tance Locym cgStS Inl8drn mj¢r810r arK1 Lo¢um$ &x Supply Oro8nists Cleanuig CSL¥a$ ¢)thÉrsaiary Swnd, Bnd Zoom Fabrlc Repalr5 & M8intw)ance Heal and 119hl Ground5 mainlenarK8 Iniuranct Manse CouncH T&x Other nSe cos16 Pt0p. posl aThY stsfjorry N$1¢ter Lindores Lllank85 PerfoThirg Rights, Copyrrighl licenc8 Organ & Musl Pw¢hase ef oryan Repay rÉw organ granls & donaUon$ 70.3 6.532 70.309 5.832 788 a08 702 932 25.19D 1,21C 15,104 9.530 8.053 1.039 62.857 5R87 1.162 15 2.857 5.887 1.162 15 840 7D2 932 25.1 1.210 15,104 9.53ri 8.053 1.039 24,431 24.431 660 14.516 1.175 2.184 260 1Q.605 8.945 46.e62 20.372 580 19.778 2.221 14,516 1.175 2,184 10hOS 8.545 46,828 20,372 817 103,581 28,471 817 154.994 2e,471 49.047 2.380 136 19,328 2.275 3,113 4.793 710 1.259 19.328 2.275 5,044 4.793 710 t,259 1.049 7,30Q 19,778 2221 1,931 5579 000 676 a,141 5.579 600 676 8.141 1.049 8.783 8,783 6M8 6.388 14 414 &nday School Crazy and M8s$y ChurGh HcAiday and aftèr sch club Nfvvburgh Gb& ¢xpens88 CIu51er &p•th of r•newal eXn80$ fjulhl Diilributions lo Nthvbuioh re4denl$ agfjil BQ aryl Dvor OLJlre&¢h Safe CtOdY fe85 Lè9è1 and wof8s$bnal ewkkeewNJ Indopet¥J4trt Ex4mlrtsrs tsa DatnS 0th8r Expenses IGainllLos3 furrtiture sold 14 389 2,310 893 2.31 893 2S 3.324 9,324 355 1.51B 1269 1,9 1,618 1.928 340 340 380 591 127 120 700 1.291 127 120 3rxi 1,98B 895 1,449 I1,Cl 974 1,575 19201 1,9 367 2.874 1,942 19201 895 1.427 257 245 379.913 251 892 5.48D 257 552 costs hav8 not b88n 88Prtebf idfntKd as the trus¢ee8 cOnSr Iher8 Is ONY one ¢Jwritabk aGtivity. Thèréftr 6UPPOrt costs tr)Ily 10 Ihai acu. 14
FIFE= EOEN TAY PARISH CHURCH OF 0TLAND NOTÉ$ FORMIMG PART OF TNÉ FIIIANCIAL STATEMEMTS FOR THE YEAR ENOED 31 0ECEM8ER 2024 5 Glvlno to Orow Allx•fjon 2024 2023 ak)cat Presbytery a4(wanc8 Less Transition allLwrfan¢e L¢5$ pw¢ by Si)wK1 Endoi1m18nt Incorne Less Glebe Rent Vacancy Allm¥ancg 119.312 129.922 18.3501 13.4161 1142011 14.8361 114,0951 13751 129.5951 146.5721 3.599 Amowt Fqid. per note 4 2024 2023 Salaries and wa989 SDclal securtiy e06ts Pension Msts 5.525 5.525 Total No employee rece8 reMura In eXcS of£60.OLXJ. Tha aver89• number of employee5 durkna the year. calculated on ihe basis ol a head counl. was •$ followJ.' 2024 2023 I Chwch of Scoll8rd congrvo8lon$ ¢¢ntrfbyte lo th? PI8Uon•l Stlp¢rnY Fund beors the cogts of •ll mlnisiers. $llp&no$ and employers ¢oniIltMlOS lor n8tlon81 Insurance, pen8lM and houslng and loan fvnd. mw11@rE. ¥lipèndG arg Pd in accordancè v4iih thÈ atiOnal SlipNI scak, 16 ralatèd to yèar& of service. For the year und81 rav1 the minknum 51ipend was £31.642 and Ihe ma)umum 51iperxl lin the rrfu) and 8ub8equenl ye•r¥l £38,884. 7 Trustq• IrnratIOn, expBns•ts ad rtlat•d Plffjf tranM¢U•ns No Itusiee or pèrson connected wfth a trustee r8E&ved remaratn in ts year. 12023 Tro trustee or pgrson conntrcw Mth a IrLtsa récéivthl rémunortttitrrnl. During the year awenses or £621 %Yas paid to on8 trustee foi tr8vel and slallowryl2023 £840 p81d lo onE trus for travel ar stationetyl. Tr8nsatlions lth trust808 and porson8 connected wjth tNslo98- thJMg th8 yeAr the foHow•no tru8teeB è pahy m8 following amounts lor Ihe JuUes listed- Clare DobJ fof Otgan dulles £95112023 E5751. lan MgGaul4y forpulpil •upply £90012023 £nl. Rod Mccall forwlpi suppty 0{2023 £nll. LirJa MrLarpn for ¢hurch £750 Q023 £1.1341 a1 Llz Robert$(x) for pu¥)11 $upJy £20012023 Enlll, DLYkno the yeaw a total or£e.01712023 £9.6341 donated lo Itr charity by Iru51ees. 15
FIFE: EDEPI TAY PARISH CHURCH OF SCOTLAND NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 1 DECEMBER 2024 8 lThwstm&nt8 2024 2023 Market vabJ8 at 31 December 2023 A<J investsnetrta Bcquirad at ¢osl Less dlsposai Of knvèsimert8 81 caWn9 v4IL R8alisèd gsin I Ilossl on invtstrnants 50 unreaiised yain i {10s$1 on in¥e$imeni$ not $osJ Math8t ¥80 at 31 Oeeambar 2024 363.035 12.587 65,B681 1.905 22.997 337,965 25.070 334 6SS Th9 lollowkng Investments Y•vrfj IJ- market value.. Cmfeh olscouand Inves18 Trust Growth Fund- 32,660 unit&12023 36.756 208.371 Cr¢h ol Scotland Invesitys Trusi Incom FuNJ- 842 unit$ Izfjz3- 2,9761 10,415 Treadedle unts 110,869 uoyds 9.25% Non Cumulativo In8dvqrnabl8 Preference Shar85 £3.5LJ) 4.998 Mer¢hgnl$ Trust Clty of London Twst Ca•h vn.in¥osied 204.288 32.fj17 103.041 4.872 2226 5A50 741 353 035 IÉtentS Èt totst.. clrGh of Scolland In10r& Twst Incorre Fund 32.660 un5(2D23- 36.756 Church of Scolland 1ThslOr$ Trusi Groth 942 nE1$(2D23- 2.9761 Threadr8dl8 units Lloyds 9.25% Nan CUmativa In¥J8emable Pteference Shares £3,5(M) Merthantts Tmst Clty of LonLlon Twst C8Fh uTrinwto0 86.275 5.526 C08t not kntrrf cost Trol knty4m 93.311 20.S24 1.881 741 131 425 g D•btorn •rKI pr•p•ynxnl• 2024 2023 GiftAid Tax Refund Du? all renls Refund of Lecum feo PtepaKI enveK)pes PrgpaKI sur9cO 6.486 1,122 7,710 322 1.405 14,439 5 15618 10 GrgdltorB: 0nts 14lllng du• wlthln one year 2Q24 202) Credrto El¢driGrty lThYependenl EXaArG fee ITKthme n advCe for Pasioral Csre grant 2,047 3.OOD 9.427 1.510 11 V•lutht•er• In all ¢onwegètiw8 ¢fthg Chureh of Swtiind the GoTrgregalion benefjts trorn the onlriMJVon made by Volunteers who glve Iheirtlme 8nO lalerds wllingty the benefit of the Church. Tho 3r88s ol congr8g81ional life rety on Ihe contribution of volunl8er8 are IY and varièj and mh oflh& ati?tY would be unable lo GlInUE were il nol for the cornrnrfrnen¢¥hown. 12 ColthJon$ lor thlrd rI1¢ 2024 2023 C•re hswood Shoebox Af4)eal cpNs Chfisiian Fionlllne Frfè Fvodbank Cupar Foodbank GnrO1s Marys Meals Worfd Day èl Prayèr 100 410 780 135 79 70 32 1574 16
FIFE: EPEN YAY PARJSH CHURCH OF SCOTLAND NOTES FORNING PART OF ThE FINANCIAL STATEMENTS R THE YEAR ENDED 31 DECEhl 13 Alofftwnlo In Fwd• Gginl At31 D•camb•r 2024 1 January 2024 Inwmw ExPdItM TiaMf•rn In¥trnIntr UnrestrlEl•d Genpral Fund GLildAccoJnt Eden5head- SndayS¢hopI Falkland- Fabnc Fwd revBnue Falkland- Ot9 Fd Falkland- Cknytèi Fund Falkland- Sunday F•lkland- Lunch Club Falkland- Fèbnc Fd Falkland- sUndByS Fwd Fru¢trio- Guikj FurK Fr¢uGN¢- Sundaysth 357.240 254,949 1309,066) 2,738 13.883 11292) 19.445 336,451 341 5,978 5,551 10Q 16.0781 15.6701 1901 431 4,988 14421 18.7831 6,291 2,494 3e8 200 200 061 45 377 919 31969Q R•Jtrittsd lund8 Eden5head F&itcFurKJ F8lkland- 0n Fld Faikl8nd- Pgrish WelfAre Fund F41kl•nd. JxkBDM Bquét IOty)I Falkland- Fatsic Fwd Freuclie- Poor Furnds Ff¢v¢N¢- Sunday¢4 Wize Fur Fr¢ucfMe- D Mjnlson Bequeg1- Fabric Fr¢ucNe-Ann pee5 BequeB&Church Freu¢t- Pwbrtery Fuj Grant of F- FAbrht Fund ol Fe- Kettkn6enevQl Fund olFrfo. ND 1 AccouTht-ManÈs upknop ofFffe. Gordon Account- ckndt Htso ofFKB- DpntFud LIrore9- ¢onstance Sunotrrf Sch4 Lrorea- Sunday Sc1 Llrdorè3- NArw kkGr•gorSundBySchI Fur LIOr- Alwtsirlkikl Futd-yth Ghlldrnn L1rd0r- Cr4ryChurch & N#thrgh Gknb• acti¥itkns LSrdor&s- Buggy BU¥ FuTrJ Lir0m- Kimoar Fund 62,689 4.792 67,481 1491 1.001 1,001 52 610 1,195 1J8 11.OOLII 122.13DI 11.9001 22,2 2,961 61Q 11631 23.013 772 123.78SI 12,OODI 12251 1,21S 1,293 1,8Q9 355 153 22,5Q2 1,323 49 1,523 9,186 537 358 7.486 1,227 1.931 1.132 21.542 1,211 49 3S5 153 11,1321 42 9.978 2.785 18931 12.3101 6.404 191 491 118286 Endowmont lundB EdenshMd-Amott l LaThlJk 8¢quc Edfrn9he8d- Parish Cthutth Entsmnent EdBnJhEad-T)d Trow Edènhèad- Rankin PJémor&l Trwt ofFff8- Fabnc Fun¢ ofFrfe- Kfriue BenwohDI Fund ofFrfe- CAn)*ell ND 1 Accounl- ManÈ8 UPkOOP Htrhe of Frfe- GDfdQn AoUnt-e1lO clock LthrO$- Kirk SO$8 TN$i Fundi 2,009 5.902 s.2 223 10,245 17.g70 5.671 6.108 17.976 323 1.895 535 877 1.186 19,665 12,3B6I 13401 4,299 19,290 468 2726 TOMI 379919 17
FIFE.. EDEN TAY PAsN CHVftCH OF SCOILAND NOTES FORMING PART OF THE FINANCIALSTATEME14TS ENDEO 31 DECEMBER 2024 13 Alovem•nts In Fund ¢ortlnu•d Galnl At 1 January A131 Dg¢wnbr Incom Exp•ndkni• Tr•nth Investm•Thts 2023 2123 Unr¢¥lrl¢ted fvnds General Fwd 333.196 1.466 241.915 I,Z33 1240.6161 2,699 20,IJ48 357.240 1.963 341 5.978 5,551 E¢kn5head- SidAY School Fa1kThd- Fd Ip¥gllU Faik&Thd- Owan Fd Fhlpnd-cItjr Fund Faikbnd- Sunday School Fwkkind Lurth Club FathTrd- Fabri¢ Fun¢ FaikLqnd- Sunday scho Fund Freuthi¢ Guild Fu Frets¢h- SuJay5chOol of Prf•- Sumyay Scthool ol Frfe-MsY Chtsrth 6.93 5,551 410 430 5.252 386 200 818 45 1.329 11,6901 640 (9eoi 431 4,986 386 200 TO 45 6.123 16.3891 1.080 11.19Jl 1861 25 251692 377 919 RestrlGt•d EdènÈhpad-Fabric Fund FaWafid- Organ Fund Falall4- Panah W•M&ie Fund Fokland B¢qurys1 (Organ) Fakland- FabiK F¢ Fwuthe- Poor Funds FuCe- SundÈy PDzo Fund Fr£uehiè- D lthtfiÈCJn èwg51- Fabric H(AvBof Frfe- Fab(K Fund Fh•- K•ttlo Bèn¢voknt FJnd cw ofFrfe- Carnpbeii NO l A¢tounl- Manlle upkeep Nor of Frf@. GoidM Accounl- Kett dock Hob of Fit8- Deyek>FTheniFur1 Lindoret- CoThstèNce Mèiwand Sundoy sr Lindor49- Sundty S¢F¥)ol LirtdtrEs- Ngnw Mctsieg( Sunday Lindtyes-aS13ir Guikl Fund- chikknn Llndores- Crazy Church & Ne%ur0 GLa¢i¥lUOS LindoreB- BLW BudLl•È Fund Undtyes. Furwj 66.503 49 7,001 1.0 21.479 ?.Y7 150 22.202 663 1.644 1.640 1.142 20,859 1,180 63 1.353 2,209 160221 62,669 49 1.001 1.OLX) 22.293 2,961 150 23,013 814 114 17001 478 291 126 18951 1.227 1.931 1,132 21.Y2 11361 31 49 1.388 9.978 2.795 35 to,000 2,360 1221 13.7131 •Z4 3.324 0.636 168 .804 151935 162.160 Endowm•rtfun Edenshead. ArnwItstKj¥ 9ueStS Eoensthd. P4h Chutch Endornt EdenArwd- T(KITroup Ed¢nsh8ad- RkIrn MemoriAI Trugt Howe clFlle- Fat Fund HLwe d Fire. K¢wO 8OnOV¢knt Fu Howe of Fifv. Cwngbdl N? l Acccunt-mange uF&p rA¥é (4FttO. Gordon AccoLbil. dock LindoF¢8- S•8$w)n Tiwt Fund 2.(Kb9 5.902 199 323 9.489 16.645 5,2S3 5,657 16,924 S.W2 199 323 10.24S 17.970 5.671 6.108 17.976 756 1.325 418 451 1.02e 406 13801 Total fvnd6 568.881 270.083 257,552 606482
FIFE.. EDEN TAY PARISH CHURCH OF SCOTL4NO 140TES FORWNG PART OF THE PINA14CIAL 8TATEMENT8 REND D31 ER2 13 Al0¥•M•n lo Funds, tontlnwd Puwe• ol Unrnsirk¢ed Funds: GEfieral Fund." Funds ol the church whith are not resthctsd or d•siAnBted. Guild Account Edenshead Guil¢Y 1¢h with FreuGhiè ¢Juring 2024 Edenshe8¢J- Sunday S¢hool.. Messy Church fund to provid8 fx th8 use of Ihe M$osy Churth Teatn FaA(knd- Fabric Fund rev•nue.' for th• maint•nanGe Qf Church propeniè5 avj wa& dosd in 2024 fund$ wefe transtsffecl to thè GenerBI Fund. Falkland- Organ Fund.. for the purpose of 8 or9an. Grants ar)d Ihg ¢Yepo8rt for a new organ were tumed in 2024 and the Fund wa5 closed. Falkland- Clust&r Fund.. to aecountfor the incorne and expenditure of th¢ cIler and fouowing the Union the Fund was closed. Parkland- Sunday Sthool. The Fund was cbsed in 2024. Falkl8nd Lunch Club." To account for the 8nd expenditure oflhe Lunch Club a¢b'w1res Falkland- Fabric Fund capitd for thg rnaIntenan of Church propèrty Freuchl8 Guild Fund". To aceount lor the incoffle and expeftditure of t Guild and mrged wth Edèrsh•> lollownq the Union. Freuchie- Sunday Sehool." To be UBed forfhe StsrKJay School Howo of Fif¥. Sunday Schwl Fund.. Funds for Sunday S¢hcc4 and wa5 dosed in 2023. Hi)we of Fi18. Messy Chur¢h.. For funds for V£5sy Church and v4a$ ¢lo$ed in 2023. Purpos9$ ol Rstrlctsd Fund¥: Edenshgad- Fabric Fund.. Funds to providts forthe.costof rnajor burlding refurbishment Folkland- Organ Fund.. For the upkeep and tuning oftho organ. Th? fund was closed in 2024. Falkland. Parish Welfao Fund.. To bè y6ed forthe poor of Ihe Parlsh at the discretion of Ihe nwnistei. Falkland- Jackson Bequest Iorganl". The fund was dosad In 2024. Falkland- Fabric Fund. The Inve3tment in Church of Scotland Income Fund Itts was 5¢1d to fund the new bDi18r and thg Fund wa5 c108ed in 2024. Fwchle- Poor Funds." For the SUPPOrt of the poor ol lh8 Parish at bèhest of the Kith Session. Fr8u¢hie- Sunday School Prize Fund.. The Alan Hynd Fund fu purchase of Sunday SchGol Priz&s. Freuchie- D Morrisoft 8equgst (Fabricl.. The full value ol thg Fund w85 usèd for fabiic t8pair5 and the Fun¢J was d05ed in 2024. Freu¢hi8- Ann Peebles Beque51.. The legacy was rèc8iV9d and used for fabric repairs lo the church as per the terrns of th8 beou8$t in 2024. Howe of Fife- Fabric Fund.. To be used lor the fabric of Chw¢h buildiry¥ Howe of Fife- Kettlè 8Ènevolent Fund.. To be u$e(I lo provide 8i(J fof th8 neady ol the Pari$h Howe of Fife- Campbell No 1 Account.. To bg used for the upkeep of the Manse Howe of Fife- Gothn AOTrI.. To be used for the maintenancg of Korfe clocJt. Howe of Fife- D8veloprnenl Fund.. To be ud for the fUrt115hrn$nI ofa P8rish Centrg. LindLYes- Constance Maitland Sundsy School Prize FuThJ." E8tsblished by th818ts (k R MaTWand to wovide prvzes foi ¢he Sunijav School. LInd0s- Sunday School Fund.. To Ount for thg InForne and exD8nditufe ofth8 Sunday School. ndore5- Nanry McGregor &Jnd8y School Fund.. For the Sun(Jay S¢hcol Lindores- Alasiair Guikl Fund.. E5tablpshed in 2023 byAastair GuibJ In rnernory of hi51 grandfather, James Harrower Guild. fom)er chairmèn of The Tayside Floortloth Cornpany to be used for work wh children in the Newburgh area. Lindores. Glebo and Cr&y Church.. Tg account fo¥ Ihe Incom• and ewenditure of th• Crazy Churol snd acts"vib'85 ai Newburgh Glebe Lindor¢8- Kinnezr Fund.. Established by David Kinnear in 1888 by the 9rt of £121 for the benefil of the poor, agod and infirm of Dunbog Parfsh, other than those in receipt of Paro¢hial Reliof. With the consentof OSCR thè purpose$ of tho lund %Yere than9ed in 2015 to provide financial 8$$i518nce to any individual Iwing in the parish ol Atsd & Dumbo9 or any rnember of Abdie & Dunbo¥J Parish Church, or a depend1 of a member, either Witho asSi$tanc8 would suffer hardship orwho with financial a55f$lanee woukl th8n ablg to parteApate in 8 Particular cknuich actyvity associated with th¥ work of Abdie & Dunb P8rish Churc Purpo••8 of Endowment Funds.. Edensh8aLY- Arnott l Landale Bequests." Inte5t to be USeLI forthe benefit of thg poor of the Pan$ Edeshead- Parish Church Endowmgnt.. Capital and revenue lo b8 used for enlt of the pr oftho Parrsh Edenshe&J- Tod and Troup Twst. interèst from funds to bo u$¢d forthe Wefil of th8 poorof the Parish Eden8head- Rankin M8mollal Trust.. for the upkeep of the Rankln MemDrial H¢)we of Fife- Fabric Fund". To provid• inojmè for tho rg$trict8d FuThJ Howe of Fife. K8¢11e BonOrent Funtj.. To wowde Inco forthe restri¢ted Fund Now¢ of Fife- Campbell No 1 Alc.. To prosryde income foTthe reslricied Fund Howe of Fife- Gor¢on Account.. To proV*e income for the reslrickd Fund Lindore5- Kirk S8s$ion Trust Funds.. (Fomier Newburgh funds- Miss C Andorson'8 Trust FU1, Bui$t & Wèmyss Trusl Fund. John Winter Trust Fund and WJJli8m Guild Trust Fundl. Thg Kirk So$sion as Trustee of Ise srnall fvnds makes distributions from th& I$ent irKc•7)e lo resltsnts thIn N8wbufgh Parish aged 80 years and 0r agch Chri8bxas.
Ftre.. EDEN TAY PARISH CHURCH OF SCOTLA14D NOTES FORMING PARTOF THE FINANCIAL STATEMENTS R TH DEC BER 2024 14 Merger aGcountlng Durino 2024 a restnJctUrin9 took pla¢9 in line wlth the Flfe Presbytery Mission Han via a basis of b¢t¥ttn Lindore5 Padsh Church Ith8 continuing chartyl and t ¢harles detailed bdoyrf. Th8 name of the united chaiity Changed to Frte.. Sden T8y Parish ChurGh ol Strjlland and these changes Te duly approv¢4 by the Office of Scott15h Charfty R8gulstor and Ihe Church of Scotland (parent charity. r•feren¢e SCOI 13531 Mth effèct frorn 1 O¢lob8r 2024 A5 thB un)n wa8 merger ol the ¢harffw inlo one continuing charity. the m¢r98r a¢GountiryJ mtrthod as deem8d appropri8le Tho dlG¢106ur• 11ot•J for aontIng aro as follo. 14.1 Thè eombining chaiitiets are". Lindores Parish Church. aTr unGorpOrat¢d 8cot115h charfty Icharty rrent& SC048481 and the followng Charrt$ which are all unInWttrat S¢otti$h chbrttN?s." Ed&nshead Parish Church. chsrity ference SC005402., Falkland Parish Church. chority r¢f•ren¢ SC012247." FreuGhK9 P8nsh Church . ¢haiily r6fer8n¢¢ SCOie622 and of Flfe Parl$h Chureh- ch•rity refareTrce SC005381. 14.2 ThB date of the rrnrger was f Octobèr 2024 14.3 Analysts of princlpal Stment of Financial Acts'vitN?s wnwnents yearto 31 D¢¢emter 2024 Edh04 F•lkld Pariih Frguchkn How• of Pavlh P•rish Llhdor•• Flh.. Ed•n Chllh F&fv Parf•h Church P4rfSh ChLtrch Church Tay Pavl¥h Chureh Churth Gombln8d Iww•rJ fpf•4Tr•tyer) IpJ•+rn•rBiih lJx)114n•rgw) ¢otsl Total incomè Total expenditu Net in¢omell8xpendrtur•l Other gainsl(lo$sesl ).891 75,549 15.348 24,467 29,286 49.88a 85.389 125,421) 186,1031 167) 29.599 37.102 17.5031 27.833 75206 277,Q82 39.63$ 92,355 379.913 112,(M)31 117,149) 1102,8311 441 22.996 24.902 N•t movoment In lunds 847 14A Analyjls ef pilntspal Stst8m•nt of Fifflancial A(ti¥lteS CL¥nponents for th8 er to 31 December 2023 edoMhead F•lkfand Prv•h Pavlsh Church Church Frouchh How• ol Parlsh Fllo Pari8h hurch Chur¢h Llndor•8 Flfo.. Eden Pirlsh Tty P4vlsh ¢omNfy•d ¢hurth Church trtal Toial Incorne Tot81 expenditu Net incom•ll8xpendiiurel Othergains11$ses1 N81 movemoTrt in fvnds Total fijnds brought lorward 62,765 e4.739 11,9741 7,639 5,865 182.603 38.470 34.057 4.413 4.838 9,251 86.189 55,384 59.71e 14.3321 4,843 S11 97.390 48,248 43.869 4.379 2.950 7.329 96,191 65.216 55.171 10,045 4.600 14.64$ 104.508 270.083 257,652 12.531 25,070 37.601 568.881 Total fvnd8 ¢arrhd ford 468 14.5 Anèiysb of rkt assets al the date of merg8r 1 OGtob¢r 2024 1Q3,520 Eiton$hgad Falkland Part4h Parlsh Church Church Freuchlo P&Th Chyr¢h Mow• ol Frfo P•rfsh Church Llndortr• Fife= eden Parlsh Tay Parlsh ¢LknWno ChurGh ¢hw¢h Net assets 2Cfj,067 74.393 51,V25 100.419 to9.9 541.743 Ropr•sent•J by.. Unreslrrcted funds Restrictèd income lund¥ Endowmern funds 132,989 64.046 8.432 73,193 1,21X) 48.746 3,077 25.979 31,782 42.73 60.879 31,737 16.423 341.728 132.422 67.593 T+1 fund 393 51, 419 109 039 20
FIFE.. EDEN TAY PARISH CHURCH OF SCOTLAND APPENDIX 1 CONSOLIDATED FABRIC FUND R THE YEAR ENDED YI DECEMBER 2024 18rn0randum to th8 forEgoing Accounts Funés the Geral Trnstees of th& Churth of Scotland and are not included In th• feregoirvJ accounts. Ed8nsfread Falkland Freuchla How• of ur0•$ Flfe.. Edon Parfsh Parlsh Parish Frfe Parf8h Parlsh Tay Parish Church hurch Church Church hurch Church 2023 Yotsl Y•ar to 31 Docomber 2023 REVENUE FUNDS 8alan¢e al 1 January 2023 Plus.. Inlere$t Divideftds Stralhmigk) Manse rental Inrrbo FalkL8nt1 rental incorne Fr£uchi9 rental in¢om8 Newburgh Manse r•ntal L&$6 transfe[ to Chur¢h (see paoe 9} Less administration char90 8ai8nce at 31 Doe8mbar 2023 29.72$ 26.336 17,396 4,659 05.196 143,514 824 4,142 13,686 6.885 1.339 2,392 2,392 11,1%2 9.965 13.686 4.569 5.333 8.904 157.7341 12.0201 137.279 2.092 4.569 5,333 8.gJ4 18.4371 14921 120.0221 { 8.7051 120.57DI 18201 12721 12531 27. 35 11831 TEMPORARY FUNDS Balance at 1 January 2023 P$ int8re&t recewEd Less Strathmi910 Chureh Bale costs Les$ dual Wtstr81ion fees Transfer b Capital Fund Balance 3t 31 Drnber 2023 138.803 4.462 138.603 4.462 11,94TI 1801 1142,9851 { 1,9471 1801 1142,9851 CAPITAL FUNDS a¢ Cost Balanc¢ at 1 January 2W23 Plus transferfrem Tempor8ry lund Plus r£8lr&ed 9ain on feba13ncing Less transfeE to Chufch- fabric (see pap 9) 8afanr£ al 31 t*c8mbÈr 2023 118.031 46,895 9,113 214,088 142.988 851 54,477 442.804 142,985 3.070 11.4W51 700 11,4051 1,519 118031 357 924 Total ol alllund8 at cost at 31 DecerntrRr 2023 143619 71.876 10.316 370,824 125.951
FIFE: EDEN TAY PARISH CHURCH OF SCOTLAND APPENDIX I CONSOLIDATED FABRIC FUND FOR THE YW ENDED 31 DECEMBER 2024 Ed•n8h•ad Falkland Freuchle How• of Llndorts Ftt•.' Ethn Parish Parish hurth Church Pofi5h Fl1• Parlsh Parlsh Tay Par6sh Chur¢h Church Chwch Church 2024 Y•ar to 31 De¢ember 2024 RevENUE FUNDS 88knce at l January 2024 Plus-. Inter•51 0endS Strathmi910 manse rental income Falkland ieniai ¢0m6 FreUch Tent Newbuigh monse rentsl Flfe.. E¢•n Tay rents Le$s transferd lo Church." (see page 91 Lg$s local fabiic expenditure.. Less Insuran costs Le$s engrgy Costs Lo8$ athtyilitroth'on ethar98 Tran8f8rto FifE.' Eden Tay BalanrA at 31 Dembr2D24 Totsl 27,635 24,981 1,908 12,gJO 69.955 137.279 1.338 3,efj2 11.200 e78 928 3.161 1,731 1,450 11,541 26.162 8.935 11.200 3,115 2.485 6.304 7,8 3.11S 1485 6.304 7.8 125.0101 13,7381 13,4731 I4.1) 13,1961 11,J151 13501 121DI 18551 { ee41 11.6421 114,1511 118,9971 13,0781 121.8491 180.4671 138.342 156 945 128,7481 18.0341 14.7111 14,8421 TEMPORARY FUNDS Balance at 1 January 2024 Plus Sale ol Straihmiglo Church Less Straihmiplo Churth Sa c¢sts Less Church of Scouand Levy on Salè gf Chufch Less Ladybarlk Manse Sale costs Transfor to Frfe.. Eden T2y Transfer lo Capital Fund 8alancg al 31 Decgmhr 2024 {1.947 11.9471 .000 12.9081 I7,9) 18421 18181 85,OC 12.0901 17,9501 16421 642 2.765 13.4071 171.5531 171.S531 CAPITAL FUNDS at cost Ba18nce at 1 January 2024 Plus traftsferfr¢¥n Temporary fvnd Plu8 gain on sale of unl15 L&ss tran$lerTed to Church- bofler and prof fees Transfer lo Frf•.' Ed8n Tay BaLqryce at 31 D¢cwnber 2024 at cost Capital Funds atmarkei value 118,031 46.895 8.408 357,924 55,9 $87,254 71.553 787 127.1451 787 (27.1451 191,6731 146.8951 18,4081 1357,9241 155,996} 560,896 71.553 .449 632 449 717,855 Total of all funds at $t Tolèl of all Jund8 at market valw at 31 Daeembor 2024 874 800