St George's Tron Church of Scotland
Report and Accounts
for the year ended 31 December 2024
Congregation No: 161007
Charity No: SC004931

St George's Tron Church of Scotland
Trustees. Report
for the year ended 31 December 2024
The trustees present their annual report and financial statements of the charity for the year ended 31
December 2024. The financial statements have been prepared in accordance with the accounting policies
set out in the accounts and comply with the General Assembly Regulations for Congregational Finance, the
Charities and Trustee Investment (Scotlandl Act 2005, the Charities Accounts (Scotlandl Regulations 2006
la5 amendedl and Accounting and Reporting by Charities: Statement of Recommended Practice applicable
to charities preparing their accounts in accordancewith the Financial Reporting Standard applicable in the
UK and Republic of Ireland IFRS 102 published on 16 July 20141.
Objectives and Activities
The Church of Scotland is Trinitarian in doctrine, Reformed in tradition and Presbyterian in polity. It exi5t5
to glorify God and to work for the advancement of Christ's Kingdom throughout the world. As a national
Church, it acknowledges a distinctive call and duty to bring the ordinances of religion to the people in every
parish of Scotland through a territorial ministry. It co-operates with other Churches in various ecumenical
bodies in Scotland and beyond. It exists to glorfy God and to work for the advancement of Christ'5 Kingdom.
Achievements and Performance
The mission of St George's Tron is to proclaim and demonstrate the historic, orthodox Christian message as
revealed in Scripture, undertaken through regular services, outreach work, training and discipleship.
In May 2024, the former churches of St George's Tron and Wallacewell successfully joined together in a
formal union to form a new congregation, St George's Tron.
Dlscussions with Glasgow Presbytery continued throughout 2024 in pursuit of the fulfilment of the
objectives of the Church of Scotland's Presbytery Mission Planning process. In consequence of this, St
George's Tron united with the former New Charge Development congregation of Wallacewell, located in
East Barlornock in Glasgow. Whilst this congregation had not achieved sufficient strength or numbers since
being created as a new charge in 2012, nonetheless the Church of Scotland was keen to ensure that the
good work done there should not he10st, thus it was agreed that it would become a Local Mission Church
of St George's Tron. By this legal mechanism, all of the assets of Wallacewell were transferred to St
George's Tron, which now takes responsiblity for, and oversight of, that congregation. Thi5 partnership is
already proving to be fruitful and a blessing to both congregations and we trust and pray that that it will be
still more fruitful yet.
A further consequence of the Presbytery Mission Plan discussed over the course of the year with respect to
St George's Tron was to form a linkage between St Rollox Church of Scotland , located in Sighthill. Whilst a
process of negotiation and agreement to this end took place , the artual linkage would not take effect until
2025.
Page I

St George's Tron Church of Scotland
Trustees, Report
for the year ended 31 December 2024
Over the course of 2024. St George's Tron was identified as a likely base for a new pilot training scheme of
the Church of Scotland, whereby a new 'Apprenticeship Route, into training for ministry would be
established. Again, whilst significant discussions ans plans took place in 2024, the pilot scheme itself was
not schedL¢led to commence until autumn 2025.
Given that a number of babies and small children had been born to members of the congregation, work was
undertaken to make a creche facility available during Sunday worship services. This required a Significant
process of recruitment, includin8 drawing up of volunteer job descriptions, interviews and PVG
membership of those involved. This wasa lengthy proces5, but finally resulted in making this provision
possible by the end of the year.
Over the course of the year, two congregational members professed faith , one of whom was baptised .
Both were admitted membership of the Church of Scotland within St George's Tron.
Over the course of 2024, the worship and discipleship of the congregation continued to develop through
regular worship services and a series of small group activities, inclLJding an Alpha course, designed as an
evangalistic outreach programme . A number of other events and activities took place designed to
stimulate the faith and spiritual life of the congregation, including a congregational weekend away in
March, which once again proved to be a most valuable occasion for strengthening relationships as well as
for deepening faith and Christian discipleship.
In 2024, the Kirk Session was able to turn its attention to longer-term management issues and, to that end
resolved to measure more accurately the significant energy expendiutre within the building, with a view to
identifying savings which might be made. Since a significant part of the weekly energy consumption derives
from the presence of the popular and busy cafe which operates Wlthin the sanctuary, it would be important
to identify costs associated with that, other those generated by church activities. To that end a smart
energy management system, known by its acronym SMAPEE, was installed and data began to be collected
to determine where, when and how energy savings might be made from both an environmental and
budgetary perspective. In addition , the Kirk Session treated an Energy Fund with a view to identifying
energy saving measures which might be taken both to reduce costs, improve energy efficiency, and to
contribute to reducin8 our carbon footprint.
Financial Review
The principal sources of income are weekly offerings and direct giving via bankers, orders. There is also
rental income of over £52,234 which has increased by over 50% from 2023 . The overall income has
Increased by £157,000 due to £120,201 from Wallacewell and £31,738 for energy fund donations . There
were also an additional E15,881 from Tax recovered from Gift aid. The overall surplus for the year of
£126,11612023 deficit £10,915) as shown in the Statement of Financial Activities. The main factor was the
significant increase in Giving to Grow of over £17,000.
Page 2

St George's Tron Church of Scotland
Trustees. Report
for the year ended 31 December 2024
Investment Pollcy and Performance
The unrestricted reserves at the end of the year amounted to £554,887 including £22,557 held in the Fabric
Fund. In view of the very high energy c05ts, increased conEreEational levy and legary of the covid
pandemic, the level of reserves wil be reassessed as steps are taken to rebijlld the congregation.
Rlsk Management
The Trustees regularly review and identlfy the major risks to which the charity is exposed. In 2024, the
greatest risk wa5 financial, with increasing contributions required from the Church of Scotland towards the
support of local and national ministry costs. The Giving to Grow scheme gather5 income from congregations
across the Church of Scotland in order to fund the local ministry provided to parish churches, as well as to
finance the central operations of the church and its other activities. In view of the increased cost of living,
the scale of contribution each year inevitably rises and it can prove challenging to meet these demands . In
the course of 2024, the financial and property assets of Wallacewell Church were added to those of St
George's Tron, at the point where the former congregation became a Local Mission Church. Thi5 in some
ways eased the financial burden temporarily, but since all assets are finite, and the levy required of two
congregations working as one will inevitably increase over succeedinE years, the Kirk Session is monitoring
the situation closely i conscious that it cannot sustain an ever-increasing demand indefinitely.
Reserves Policv
The charity trustees have considered the reserves required and have taken into account their current and
future liabilities. It is the Trustees, policy to hold reserves of approximately 6 months expenditure including
designated funds. At the year end the church held unrestricted funds of £554,887 of which £22,557 had
been designated for fabric fund and £375,015 Asset Fund.The remaining balance of £157,315 represents
about 12 months expenditure
Structure, Governance and Management
The congregation is a registered charity, number SC004931 and is administered in accordance with the
terms of the Deed of Constitution Iunitary Forml and is subject to the Acts and Regulations of the General
Assembly of the Church of Scotland.
Members of the Kirk Session are the charity trustees. The Kirk Session members are the elders of the
church and are chosen from those members of the church who are considered to have the appropriate gifts
and skills. The minister, who is a member of the Kirk 5e5sion, is elected by the congregation and inducted
by Presbytery.
Page 3

St George's Tron Church of Scotland
Trustees, Report
for the year ended 31 December 2024
The Kirk Session of which the Minister is the Moderator, meets monthly or as required. All routine
responsiblities are overseen by the Kirk Session including all matters pertaining to Finance and to Fabric as
well as the spiritual oversight of the congregation, according to the term5 and provisions of the Unitary
Constitution of the Church of Scotland.
Page 4

St George's Tron Church of Scotland
Trustees. Report
for tha year onded 31 December 2024
Reference and Adrninistratlve Information
Charity No..
Congregatlon No:
SC004931
161007
Trustees
Principal Office bearers
Minister:
Sesslon Clerk..
Church Treasurer-
Principal Office
The church Office
163 Buchanan Street
Glasgow
Gl 2JX
Independent Examlner
Bankers
Clydesdale Ban1(
30 St Vincent Street
GlasgowGI 2HL
Lloyds TSB
180 West George Street
Glasgow G2 2NR
Page 5

St George's Tron Church of Scotland
Trustees, Report
for the year ended 31 December 2024
Trustees, Re5pon5ibilities in Relation to the Financial Statements
The charity trustee5 are responsible for preparing a trustees, annual report and financial statements in
accordance with applicable law and United Kingdom Accounting Standard5 (United Kingdom Generally
Accepted Accounting Practice).
The law applicable to charities in Scotland require5 the charity tru5tee5 to prepare financial statements for
each year which show a true and fair view of the state of affairs of the charity and of the incoming
resources and application of resources, of the charity for that period. In preparing the financial statements,
the trustees are required to..
select suitable accounting policies and then apply them conslstentlv-
observe the method and principles in the applicable Charities SORP;
make judgements and estimate5 that are reasonable and prudent,.
state whether applicable accounting standards and statements of recommended practice have been
followed, subject to any departures dlsclosed and explained In the financial statements;
prepare the financial Statements on the going concern basis unless il is inappropriate to presume that
the charity wlll continue in operational existence.
The trustees are responsible for keeping proper accounting records which disclose with reasonable
accuracy at any time the financial position of the charity and to enable them to ensure that the financial
Statements comply with the Charities and Trustee Investment Iscotlandl Act 2005 and the Charities
Accounls (Scotlandl Regulations 2006 las amendedl. They are a150 responsible for safeguarding the assets
of the charity and hen￿ for taking reasonable steps for the prevention and detection of fraud and other
irregularities.
The trustees are responsible for the maintenance and integrity of the charity and financial information on
the congregatlon's website. Legislation in the United Kingdom governing the preparation and dissemination
of financial statements may differ from legislation in other jurisdictions.
Approved by the Trustees on 2* li12£ and signed on their behalf.
. Sesslon Cletlr
Page 6

St George's Tron Church of Scotland
for the year ended 31 December 2024
Independent Examiner's Report to the Trustees of St George's Tron Church
I report of on the accounts of the charity for the year ended 31 December 2024 which are set out on pages
7t021.
Respective responslblllties of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of
the Charities and Trustee Investment (Scotlandl Act 2005 and the Charities Accounts Iscotlandl Regulations
2006 las amended).
The charity trustees consider that the audit requirement of Regulation 10111 lal to Icl of the Accounts
Regulation5 does not apply. It is my responsibility to examlne the accounts as required under section 4411)
Icl of the Act and to state whether particular matters have come to My attention.
Basls of independent examiner's Statement
My examination is carried out in accordance with Regulation 11 of the Charities Accounts Iscotlandl
Regulations 2006 las amendedl. An examination includes a review of the accounting records kept by the
charity and a comparison of the accounts presented with those records. It also includes consideration of
any unusual items or disclosures in the accounts, and seeks explanations from the trustees concernin8 any
such matters. The procedures undertaken do not provide all the evidence that would be required in an
audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner's statement
In the course of my examination , no matter h35 come to my attenlion lother than disclosed below I
which gives me reasonable cause to believe that in any material re5pecl the requirements..
to keep accounting records in actordance with Section 44111 (al of the 2005 Act and Regulation 4
of the 21X)6 Accounts Regulations las amended), and
to prepaie accounts which accord with the accounting records and comply with Regulation 8 of the
2006 Accounts Regulations las amended) have not been met, or
2. to which, in my opinion. attention should be drawn in order to enable a proper understanding of the
accounts to be reached.
Name:
Address..
Date
Lo£¥
Page 7

St George's Tron Church of Scotland
Statement of Financial Activities
for the year ended 31 December 2024
Unrestricted
Funds
2024
Restricted Endowment
Funds
Ftsnds
2024
Unrestrirted
Funds
2023
Rèstricted Endowment
Funds
Funds
2023
Total
Total
2023
Note
2024
2024
2023
Income and endowments from:
Donations & legacies
Charitable activities
Other trading activities
Investment Income
Other
221,757
52,334
2,600
224,357
52,334
38,099
33,465
2,600
40,699
33,465
244
48,316
120,125
244
48,316
122,725
500
274,590
500
Totsl income
2,600
277,190
2,600
Expenditure on:
Raising funds
Charitable activities
Total expenditure
148,607
148,607
1,968
1,968
150,575
150,575
130,136
130,136
3,504
3,504
133,639
133,639
Net income/lexpenditurel
before gains &10sse5 on investments
Net gains/llos5esl on investments
Net income/(expenditurel
125,984
632
126,616
iio,oiii
19041
110,9151
125,984
632
126.616
iio,oiii
19041
110,9151
Transfers between Funds
Gain/lloss} on revaluation of fixed assets
Net movement in funds
125,984
632
126,616
iio,oiii
19041
110.9151
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
428,903
554,887
14361
196
428,467
555,083
438,914
428,903
468
14361
439,382
428,467
15
Page 8

St George's Tron Church of Scotland
Balance Sheet a5 at 31 December 2024
2024
2023
Note
Flxed Assets:
Tangible assets
Investments
Total Fixed Assets
io
li
384,516
390,359
384,516
390,3S9
Current Assets
Debtors
Cash at bank and in hand
Total Current Assets
12
170,567
170,567
38,108
38,108
Llabllltles
Creditors falling due within
oneyear
Net Current Assets
13
170,567
38,108
Assets less Current Liabilities
555,083
428,467
Creditors falling due after
more than one year
Net Assets
14
555,083
428.467
The funds of the charlty:
Endowment funds
Restricted income funds
Unrestricted income funds
196
554,887
14361
428,903
428,467
Total charityfunds
15
555,083
The accounts were approved by the trustees on 241112S and signed on their behalf by..
Sesslon Clerk
Treasurer
Page 9

St George's Tron Church of Scotland
Year ended 31 December 2024
Accounting Policies
The principal accounting policies, whith have been applied consistently in the current and preceding year in
dealing with items which are considered material to the accounts, are set out below.
Basis of preparation
The accounts have been prepared under the historical cost convention, modified to reflect the inclusion of
investments and the manse at market value, and in accordance with applicable accounting standards,
Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021 leffective l January 20151, the Financial ReportinE Standard applicable in the
UK and Republic of Ireland IFR51021, the Charities and Trustee Snvestment (Scotlandl Act 2005 and the
Charities Accounts (Scotlandl Regulations 2006 las amended). The Charity meets the definition of a public
benefit entity under FRS 102.
Fund accountlng
Funds are classified as either restricted funds or unrestricted funds, defined as follows.
Restricted funds are funds subject to specific requirements as to their use which may be declared by the
donor or with their authority or treated through legal processes, but still within the wider objects of the
charity.
Endowment funds are funds which have been given on the condition that the original capital sum is not
reduced, but the income there from is used for the purpose defined in accordance with the objects of the
charity.
Unrestricted funds are expendable at the discretion of the trustees in furtherance of the charity's objects. If
parts of the unrestricted funds are earmarked at the discretion of the trustees for a particular pvrpose, they
are designated as a separate fund. The designation has an administrative purpose only and does not legally
restrict the trustees, discretion to apply the fund.
Income recognition
Income is recognised when the charity has entitlement to the funds, any performance conditions attached
to the itemlsl of income have been met, it is probable that the income will be received and the amount can
be measured reliably.
Interest on funds held on deposlt is included when receivable and the amount can be measured reliably by
the charity,. this is normally on notification of interest paid or payable by the bank. Dividends on
investments are recognised once the dividend has been declared and notification has been received of the
dividend due.
On receipt, donated professional servlces and donated facilities are recognised as income on the basi5 of
the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain
services or facilities of equivalent economic benefit on the open marlcet; a corresponding amount is then
recognised as expenditure in the period of receipt.
In accordance with the Charities SORP IFR51021 the 8eneral volunteer time of congregation members is not
recoEnised.
PaEe 10

St George's Tron Church of Scotland
Year ended 31 December 2024
Accounting Policies
Expenditure recognition
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the
charity to that expenditure, it is probable that settlement will be required and the amount of the obligation
can be measured reliably.
All expenditure is accounted for on an accruals basis. All expenses including support costs and governance
costs are allocated or apportioned to the applicable expenditure headings.
The Charity is not registered for VAT and expenditure therefore includes irrecoverable input VAT.
Flxed Assets
The charity has the right to occupy and use for its charitable objects certain tangible fixed assets, including
the Church and halls, vested in the Church of Scotland General Trustees. No consideration is payable for the
use of these assets. ExpenditLJre incurred on the repair and maintenance of these assets is charged as
resources expended In the Statement of Financial Activities in the period in which the liability arises.
The manse which is vested in Local Trustees is included at market value as estimated by the Trustees.
All other fixed assets costing in excess of £2,000 having a value to the charity greater than one year. other
than those acquired for specific purposes, are capitalised.
Depreciation is provided on a straight-line basls to write off the cost or initial value, less residual value, of
tangible fixed 355ets over their estimated useful lives.
Audio visual and sound equipment
20 % reducing balance
Fixtures and fittings
20 % reducing balance
Investments
Fixed asset investments are stated at market value at the balance sheet date. Unrealised gains and losses
represent the difference between the market value at the beginning and end of the financial year or, if
purchased in the year, the difference between cost and market value at the end of the year. Realised gairbs
and losses represent the difference between the proceeds on disposal and the market value at the start of
the year or cost if purchased in the year.
Taxation
St George's Tron Church is recognised as a charity for the purposes of applicable taxation legislation and is
therefore not subject to taxation on its charitable activities.
Page 11

st George's Tron Church of Scotland
Notes fomiing part of the financial statements
for the year ended 31 December 2024
Unrestricted
Restricted Endowment
Fund5
Fund5
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Funds
2024
Total
Total
2023
2024
2024
2024
2023
2023
2023
l Donations and Legacies
Offerings
Tax Recovered on Gift Aid
Energy Fund Donations
Donations
Donation of assets from Wallacewell church
40,823
23,286
31,738
5.709
120,201
221,757
40,823
23,286
31,738
8,309
120,201
224,357
27,985
7.405
27,985
7,405
2,600
2,710
2,600
5,310
2,600
38,099
2,600
40,699
2 Income from Charitable artivities
Hall lets
Weddings and funerals
Fundraising activities
52.234
loo
52,234
loo
33,201
33,201
264
33,465
264
33,465
52,334
52,334
3 Income from other trading activitie5
4 Investment income
Dividends received
Deposit interest
2214
244
244
244
5 Other Income
Grants
General Trustees-Draw down
Social events
500
500
3,927
44,390
3,927
44,390
500
500
48,316
48,316
Page 12

St George's Tron Church of Scotland
Notes fomiing part ofthe financial staternents
for the year ended 31 December 2024
Unrestricted
Funds
2024
Restricted Endowment
Funds
Funds
2024
2024
Unrestricted
Funds
Restrirted Endowment
Total
Funds
2023
Funds
Total
2023
2024
2023
2023
6 Analysis of Expenditure
Raising Funds
Investment Managers Fees
Charitable Activities
Giving to Grow /Ministries & Mission
Presbytery Dues
Minister's Expenses
Pulpit supply
Council Tax
Telephone,Postage and Telephone
Printing
Other Salary Costs
Fabric Repairs & Maintenance
Water & Insurance
Heating and lighting
Equipment
Manse
Cleaning and Caretaking
Cafe and catering
Outreach and Entertainment
ITand Software
Church Officer
Payroll services
Independent Examiner
Depreciation
Other expenses
39,712
4,392
1,323
550
2,631
1,062
390
1,404
25,955
12,975
40,007
425
235
1.603
130
1,621
4,754
80
39,712
4,392
1,323
550
2,631
1,062
390
3,372
25,955
12,975
40,007
425
235
1,603
130
1,621
4.754
80
22,780
1,080
623
930
2,571
300
556
22,780
1,080
623
930
2.571
300
556
3,504
33,064
16,111
27,869
2,136
261
5,710
609
2,312
4,534
705
1,968
3,504
33,064
16,111
27,869
2,136
261
5,710
609
2,312
4,534
705
5,843
1,072
5,843
1,072
7,304
681
7,304
681
Page 13

St George's Tron Church of Scotland
Notes forming part of the financial statements
for the year endgd 31 December 2024
148,607
1,968
150,575
130,136
3.504
133,639
Total
148,607
1,968
150,575
130,136
3,504
133,639
Support costs have not been separately identified as the trustees consider there is only one charitable activity.
Therefore support costs relate wholly to that activity and have not been separately identified.
Page 14

St George's Tron Church of Scotland
Notes forming part of the financial statements
for the year ended 31 December 2024
staff costs and numbers
2024
2023
Salaries and wages
Social security costs
Pension costs
Total
3,372
3,504
3,372
3,504
The average number of employees during the year was as follows=
2024
Number
2023
Number
Administration
Music staff
Premises maintenance
(Note.. overogefull time equivolent number can be given in addAtion to but not instead of the
headcount number)
No employee had employee benefits in excess of £60,00012023 nil)
All Church of Scotland congregations contribute to the National Stipend Fund which bears the costs of
all ministers, stipends and employer's contributions for national insurance, pension and housing and
loan fund. Stipends are paid in accordance with the national stipend scale, which is related to years of
service. For the year under review, the minimum stipend was £31,642 and the maximum stipend lin
the fifth and subsequent years) was £38,884.

St George's Tron Church of Scotland
Notss forming part of the financial statements
for the year ended 31 December 2024
Trustee Remuneration and Related Party Transartions
During the year one trustee (the minister) received reimbursement of expenses incurred in respect of
Council Tax, travel and other expenses totalling £3,954.
No trustee or person related to a trustee had any personal interest in any contract or
transaction entered into by the charity during the year.
During the year a total of £46,731 was donated to the congregation by trustees.
This included £20,181 for offerings and £26,550 towards the energy fund
Volunteers
In common with all congregations of the Church of Scotland the congregation benefits from the
contribution made by volunteers who give their time and talents willingly for the benefit of the Church.
The areas of congregational life which rely on the contribution of volunteers are many and varied and
much of the activity would be unable to continue were it not for the commitment shown.

St George's Tron Church of Scotland
Notes forming part of the financial statements
for the year ended 31 December 2024
10 Tangible Fixed Assets
Audio & Flxtures &
Manse
Isual
Fittings
Total
Cost/valuation
At l January 2024
Additions
Gain1110s51 on revaluation
Disposals
At 31 December 2024
361,143
14,414 175,053
550,610
361,143
14,414 175,053
550,610
Accumulated Depreciation
At l January 2024
Charge for year
Eliminated on Disposals
At 31 December 2024
7,162 153,089
1,450
4,393
160,251
5,843
8,612 157,482
166,094
Net Bookvalue
At 31 December 2024
361,143
5,802
17,571
384,516
At 31 December 2023
361,143
21,964 390,359
Costlvaluation
At l January 2023
Additions
361.143
175,053
536,196

St George's Tron Church of Scotland
Notes forming part of the financial statements
for the year ended 31 December 2024
Gain /llossl on revaluation
Disposals
At 31 December 2023
361,143
175,053
536,196
Accumulated Depreciation
At ljanuary 2023
Charge for year
Eliminated on Disposa15
At 31 December 2023
5,349 147,598
1,813
5,491
152,947
7,304
7,162 153.089
160,251
Net Book Value
At 31 December 2023
361,143
21,964
375,945
At 31 December 2022
361,143
27,455
383,249

St George's Tron Church of Scotland
Notes forming part of the financial ststements
for the year ended 31 December 2024
11 Investments
2024
2023
Market value at l January
Purchased during the year
Sold during the year
Gain /llossl on revaluation
Market value at 31 December
Investments at cost
Net gains/llosses1 on disposal of investments
Sale proceeds
Market value at l January
Net realised gainslllossesl in year
The following investments are held:
Church of Scotland Investors Trust Income Fund
Church of Scotland Investor5 Trust Growth Fund
include investments with C of S Investors Trust Gmwth und Income Funds us al)ove.
12 Debtors
2024
2023
Gift Aid Tax Refund Due

St George's Tron Church of Scotland
Notes forming part of the financial statements
for the year ended 31 December 2024
13 Creditors falling due within one year
2024
2023
Accruals
Loan from General Trustees
14 Creditors falling due after more than one year
2024
2023
Loan from General Trustees
Less due within one year

St George's Tron Church of Scotland
Notes forming part of the financial statements
for the year ended 31 December 2024
15 Movement in Funds
Ati
At31
January
Incomrng Outgolng
GainlLoss
2024 Resources Resources Investments
December
2024
Transfers
Endowment funds
None
Restrirted funds
Kirk Session Benov Fund
Flower Fund
Mission Fund
Job Club
Minister's PA
Equipment Fund
Development Fund
Outreach
Specia5 Collections
Sunday School
173
447
173
447
757
1,962
142
757
1,962
774
2,600
11,9681
727
15,8051
245
753
163
14361
727
15,8051
245
753
163
196
2,600
11,9681
Unrestrirted funds
General Fund
Desi8nated Funds-
Events
7,054
242,852 1116,8691
133.038
14,3161
22,557
12,5601
31,153
375,015
14,3161
22,557
12,5601
31,153
375,015
Fabric Fund
Artist Fund
Reserve Fund
Asset Fund

St George's Tron Church of Scotland
Notes forming part of the financial statements
for the year ended 31 December 2024
Energy Fund
31,738
131,7381
274,590 1148,6071
428,903
554,887
Total funds
428,467
277,190 1150,5751
555,083
Analysisfor Previous year
Ati
At31
Detember
2023
January
Incoming Outgolng
GainlLoss
2023 Resourcès
Resources Investments Transfers
Endowmentfunds
None
Restricted funds
Kirk Session Benov Fund
Flower Fund
Mission Fund
Job Club
Minister's PA
Equipment Fund
Development Fund
Outreach
Special Collections
Refurbishment Fund
173
447
173
447
757
1,962
142
727
(5,805)
245
753
163
(436)
757
1,962
1,046
727
(5,805)
245
753
163
468
2,600
(3,504J
2,600
(3,504)
Unrestricted funds
General Fund
Designated Funds..
Events
17,065 120,125 (130,136)
7,054
(4,316J
(4.316)

St George's Tron Church of Scotland
Notes forming part of the financial ststements
for the year ended 31 December 2024
Fabric Fund
Artist Fund
Reserve Fund
Asset Fund
22,557
(2,560J
31,153
375,015
22,557
(2,560J
31,153
375,OlS
438,914
120.125 (130,136)
428,903
Totsl funds
439,382
122, 725 (133,640)
428,467

St George's Tron Church of Scotland
Notes forming part of the fjnancial ststements
for the year ended 31 December 2024
15 Movement in Funds
Pur
oses of Restricted Funds
Flower Fund.. A fund to provide flowers for display within the church premise5.
Mission Fund.. The Trustees have received funds to be used for Mission work.
Outreach Fund: A fund to assist with the development and promotion of the church
within the community.
Development Fund: goodwill donation to assist in development of new congregation.
Job Club.. Grant funding from Cinnamon network to resource job club in partnership with
Christians against Poverty ICAPI
Pur
ose5 of Desi
nated Funds
Fabric Fund.. represents funds for the maintenance of the churth properties.
(Also include purpose5 of Endowment Funds if upplicoblej
Artist Fund: funding to resource a 3 year"g05pel sketchbook" projert.
Reserve Fund: represents funds set aside for extraordinary unbudgeted expenditure.
Designated Asset Fund". represents part of the book value of Church's assets which would not be
readily convertible into cash.
16 Analysis of Net Assets Among Funds
General Designèted
Fund
Funds
Endowment
Funds
Total
Fixed Assets
Investments
Current Assets
384,516
384,516
170,567
170,567

St George's Tron Church of Scotland
Notes forming part of the financial statements
for the year ended 31 December 2024
Current Liabilities
Liabilities over l year
Net assets at 31 December 2024
555,083
555,083
Previous year
Gèneral Designated
Fund
Funds
Endowment
Funds
Total
Fixed Assets
Investments
Current Assets
Current Liabilities
Liabilities over l year
Net assets at 31 December 2023
390,359
390,359
38,108
38,108
428,467
428,467

St George's Tron Church of Scotland
Notes forming part of the financial statements
for the year ended 31 December 2024
17 Collertions for Third Parties
2024
2023
18 Wallacewell balance sheet
The wallacewell assets at the date of the union comprised net assets of £119,055 as set out below.
Period to 211612024
Asat..
Incoming Outgoing Adust to
0110112024 Resources Resources Accruals
Asat:
June'2024
Current Assets
120,442
13,697
13,497
120,642
Current Liabilities
441
441
120,442
13,697
13,497
441
120,201
19 Contingent Liabilities
At 31 December 2011, the Church was due to pay £636,737 in respect of repayment of loans

St George's Tron Church of Scotland
Notes forming part of the financial ststements
for the year ended 31 December 2024
from the Church of Scotland General Trustees, comprising capital of £600,000 and interest of
£36,737 and £397,433 in respect of Ministries and Mission contributions to the unincorporated
Councils and Committee5 of the Church of Scotland. During 2012 £75,000 of loan capital was
repaid and a further sum of £62,854 was added to the amount due in respect of Ministries and
Mission.Both bodies have indicated that they will not seek to recover amounts due from the
charity or its current trustees except in the case of dissolution of the charity or sale of the
church buildings which are vested with the General Trustees. Accordingly no liabilities were
incorporated in the 2011 accounts and the same approach has been adopted in 2024. Should
recovery be sought in respect of the loan it would include outstanding interest which
continues to accumulate though no charge is shown in the 2024 accounts in respect thereof.

St George's Tron Church of Scotland
Year ended 31 December 2024
Appendix
FUNDS HELD ON BEHALF OF THE CONGREGATION BY
THE CHURCH OF SCOTLAND GENERAL TRUSTEES
2024
2023
CAPITAL ACCOUNT
Credit Balances held at 31 December at cost
55,489
41,071
Market Value of Balances at 31 December
REVENUE ACCOUNT
Credit Balances held at 31 December
TEMPORARY ACCOUNT
Credit Balance at 31 December
Page 28