2022-12-31-accounts - Howe of Fife Parish Church (Church of Scotland)

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The Church of Scotland

COLLESSIE SAN LADYBANK

Howe of Fife Parish Church

Congregation No: 26/1586 Registered Scottish Charity Scottish Charity No: SC005381

Receipts and Payments Accounts for the Year Ending 31°t December 2022

Howe of Fife Parish Church (Church of Scotland)

Scottish Charity No SCO05381

Reference and Administrative Information:

Charity Name:	Howe of Fife Parish Church (Church ofScotland)
Charity Registration Number:	SC 005381
Congregation Reference No:	26/1586
ContactAddress:	83ChurchStreet,Ladybank,Cupar,Fife,KY157ND

Trustees/Kirk Session Members:

Principal Office Bearers:

Minister Session Clerk: Acting Treasurer:

Independent Examiner:

James Hair Group Limited Chartered Accountants 59 Bonnygate Cupar Fife KY15 4BY

Bankers:

Royal Bank of Scotland 3 Falkland Gate Kingdom Centre Glenrothes Fife KY7 5NS

Annual Receipts & Payments Accounts: Year Ending 31°t December 2022

Howe of Fife Parish Church (Church of Scotland)

Scottish Charity No SC005381

HOWE OF FIFE PARISH CHURCH TRUSTEES ANNUAL REPORT FOR THE YEAR TO 31 DECEMBER 2022

Structure, Governance and Management

Governing Document

The congregation is administered in accordance with Unitary Deed of Constitution of the Church of Scotland.

Organisational Structure

The Kirk Session has four scheduled meetings a year but can call meetings at other times to deal with necessary business. It is responsible for all affairs within the church and is chaired/moderated by the minister.

The Session created three Working Groups to facilitate its business, but during last year merged Property with Finance. The groups are: 1. Property and Finance and 2. Christian Nurture. Each is chaired by an elder and elders have either been allocated to or have chosen to be involved in each group. The groups are also free to co-opt new members who will not be members of session nor trustees and who may be co-opted for specific purposes

Recruitment and Appointment of Trustees

Members of the Kirk Session are the Trustees of the charity.

The Kirk Session consists of the serving elders of the church, who are chosen from adult members of the congregation considered to have the appropriate gifts and skills.

The minister is a member of the Kirk Session and appointed its Moderator. The minister is elected by the congregation but inducted by, and responsible to, Fife Presbytery.

Trustees Responsibilities in Relation to the Financial Statements

The members of the Kirk Session must prepare financial statements which give sufficient detail to enable an appreciation of the transactions of the Church during the financial year. The members of the Kirk Session are responsible for keeping proper accounting records which, on request, must reflect the financial position of the Church at that time. This must be done to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 and the Regulations Anent Congregational Finance approved by the General Assembly of the Church of Scotland in 2007. They are also responsible for safeguarding the assets of the Church and must take reasonable steps for the prevention and/or detection of fraud and other irregularities.

Objectives

The Church of Scotland is Trinitarian in doctrine, Reformed in tradition and Presbyterian in polity. It exists 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 peaple in every parish of Scotland through a territorial ministry. It co-operates with other Churches in various ecumenical bodies in Scotland and beyond.

Several years ago we set the following objectives and aim to see our Church:

e Sharing the Glory of God through worship that is vibrant, relevant and closely engaged with the community.
e Living and sharing our faith by worshipping centrally in one Parish Centre and addressing the needs of the wider community.
e Finding “Fun in Fellowship” as we move forward together as one Church, using our facilities to draw people into our fellowship through social events.
e Giving Time and Talents to enable all to take part in every aspect of Church life, helping one another in a positive and friendly way.

Annual Receipts & Payments Accounts: Year Ending 31° December 2022

Howe of Fife Parish Church (Church of Scotland)

Scottish Charity No SCO05381

We have also adopted a shorter tagline on our website and other publicity:
a. Disciples sharing God’s light in our community

Over the past few years we have hoped to take time to review these objectives, but pandemic restrictions have hindered us in doing so. Additionally, the plans to bring our Cluster together have now been formalised in the Fife Presbytery Mission Plan and we are actively engaged in working out a new shape for our congregation as part of the wider union with our neighbours. We expect this to be achieved in the coming year when it will be appropriate to review objectives for the new united parish. We have also now sold three of the four church buildings and need to focus on the way forward with a base for the congregation.

Activities

The principal activities of the Christian Church are: Worship; Mission & Outreach} and Pastoral Care & Fellowship. All we do at Howe of Fife Parish Church is defined by one of these three core values. The congregation is also responsible for due administration of its affairs and finances and upkeep of its buildings, but these are secondary to our key activities and shaped by these values.

2022 saw the gradual lifting of Covid regulations and restrictions and this has shaped|our activities over the year. Still at December 2022 there is the feeling that not everything has got back to “normal” and some people are still wary of mixing and being involved in community and congregational life. Others|(mainly older or frailer members) have not made the return to church activities because of a deterioration in| their health or ability. The result is that fewer people attend church services and activities than before and pastoral needs have increased. This is a situation facing most churches but given the higher age profile of most churches it is a significant factor in the life of the congregation. |

1. Worship

At Howe of Fife Parish Church we have always offered a number of opportunities for worship in different styles to appeal to different members of the church and community. As 2022 progressedwe have returned to offering this variety of worship as regulations have allowed.

a. We have continued posting a weekly worship reflection on both YouTube and Facebook which is accessed by people from the congregation and parish and by a much wider group of people including internationally. Videos usually show around 70 views per week but some are accessed by more than a hundred, sometimes near two hundred and we have 278 followers on Facebook.
b. We have continued to meet in person in our church buildings through 2022 with a slow relaxation of Covid restrictions. Numbers attending were small at first, but by the end of the year were around 40 — 50 people. Some stated they had waited till the restrictions on wearing masks ended or that being able to sing was the factor that brought them back. We were also able to celebrate communion together and have Christenings which has been a joy. We have still not managed to re-establish our Sunday School and most of[the][children][are][now][ two][years][ older,][some][have][ gone][to][secondary][school] and it would seem unlikely that we could have a regular Sunday School at present, however some of the families with younger children do attend occasionally.
c. In 2022 we celebrated all the important festivals from Easter, Harvest and Remembrance services as well as a full programme of services at Christmas including our annual Blue Christmas when we invite people who have been bereaved over the year and of course this was particularly welcomed this year. We were also able to have a Carol Singalong in local farm shop and café Muddy Boots which was a highlight for those who attended. Again attendances at all these special events| were not as large as previously, but we feel we are back on track.
d. We had our first Messy Church of the year just before Christmas. It was attended by between 30 -40 people with some new families attending. We plan to hold Messy Church regulatly in 2023.
e. Forest Church has met regularly through 2022 celebrating the turning year and quarter days. We have people from all over the Cluster (and sometimes beyond) who attend — some are|regular attendees at

Annual Receipts & Payments Accounts: Year Ending 31°* December 2022

Howe of Fife Parish Church (Church of Scotland)

Scottish Charity No SC005381

traditional church, but others are not and some who only attend Forest Church. Numbers vary from 6 — 20 depending on the occasion and the weather.
f. The Parish Prayer group has continued to keep in touch by phone. The group invited people to join the World Day of Prayer national event online and circulated prayer material for Thy Kingdom Come.

The Worship Group has continued to contribute to online and in person services of worship and the members have become adept at leading worship in different settings. Their contributions are valued and appreciated. The presence of a group leading worship is part of the strategy for resilience for a future where ministers will of necessity be shared between congregations.

Services in Care Homes and assemblies at school resumed in the course of 2022, which has been a great joy for both the minister and the schools and care homes. The regular contact with schools and the elderly is a vital link with the church.

In the course of 2022 we sold both Collessie and Ladybank church buildings with services of thanksgiving being held for both. The one at Ladybank had to be outdoors, because the building was not suitable to use indoors. Both were well attended and stories and memories were shared as part of the service. Generally people felt these services have helped say goodbye to buildings. We are now left only with the building at Kettle, but it is planned to sell that in due course once we finalise plans for a new worship base, probably the Kettle Hall.

2. Mission & Outreach

Mission and outreach has proved difficult to sustain during the pandemic as so much of life has been restricted. We still have not resumed the distribution of our magazine “Howe’s Life” to the whole parish, but have contacted members both with letters and occasionally by email and encouraged them to share news with neighbours and friends. Our Facebook page on the other hand is now followed by over 278 people both in the parish and further afield and is a useful presence in our virtual community.

At Christmas we hand delivered cards to every home in the parish with designs from children in the three local Primary Schools. These cards carried a greeting and information about Christmas services with pictures of angels. In 2023 we intend to run a Weekend of Invitation and have started to look at what we need to organise for that.

3. Fellowship, Nurture and Pastoral Care

We managed to return to an in-person Lent Group in 2022 which was as usual attended by a small number of people who enjoyed and were encouraged by the experience. |

Neither the Eden Group nor the Prayer Group have resumed meeting. Many of those who previously attended are unable to participate or have died or gone into care. Likewise the Thursday Coffee morning has not resumed, however there is a community coffee morning in Kingskettle which those who are still able to attend go to. Since moving to meeting in the Ladybank Maltings, the Monday Group has grown in number and maintains contact with some of the elderly members of the church and community. The Tuesday Afternoon group for Maltings residents also has re-established and we were able to have a Christmas Carol service for the residents.

The Pastoral Group has continued to keep in touch with people by telephone but has also resumed visiting inperson, which maintains good relationships with people. This has been a vital contact for the elderly of our congregation and community and an important element of our work. The minister has also resumed visiting people in their own homes and care homes and hospitals when possible.

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Annual Receipts & Payments Accounts: Year Ending 31** December 2022

Howe of Fife Parish Church (Church of Scotland)

Scottish|Charity No SCO05381

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4. Stewardship, Maintenance and Fundraising

As part of the Church of Scotland’s Stewardship Campaign we regularly keep the issue of stewardship on our agenda and encourage people to review their use of time, talents and money. 2022 has again proved to be a difficult time for stewardship, however, we have reminded members on a number of occasions of[the][financial] needs of the congregation and encouraged people to continue to give regularly. Several people moved to contributing by standing order and others have handed in donations to the minister, We participated in the National Giving Day in October which gave boost to our funds, but the accounts will show that our income has dropped. Most other fundraising events have not been possible, but we did encourage online giving.

As mentioned above both the buildings at Collessie and Ladybank were sold in 2022 relieving us of the burden of maintaining and insuring these buildings. We now focus on the way ahead and our base at Kettle. We explored sharing local facilities, but felt nothing available was completely suitable|and are exploring the possibilities of developing the Kettle Hall. Money from the sales has been credited to the Consolidated Fabric Fund.

P Achievements and Performance

Perhaps over the past few years one of our greatest achievements is surviving the pandemic restrictions with a strong core congregation despite long periods of not being able to meet together except online. We are now planning for the future and looking for new ways to be a church which includes planning for a new union with neighbouring charges in our Cluster. At the end of 2022 it is clear that the union will take place, but still unclear what it will look like and how long it will take.

We still need to find ways to reconnect with children and young people, but our care for the older generation has remained and the active membership is still active. The updating of our data permissions in 2021 has meant a number of people have removed their names from our church roll so our annual statistics again show a drop in numbers from 255 to 201, however we have also re-established contact with a few members who got lost along the way. The data permission forms ask people to indicate if they were interested in joining groups and we hope to process this information fully and encourage people to join groups in 2023.

Finding people to fill the required roles in the church’s administration is as always proving difficult. We need to find a new Property Convenor or redefine the role, a new treasurer and Session Clerk. Towards the end of 2022 we appointed a new Gift Aid convener and Pastoral Care coordinator and both are doing well in their roles. We expect things to be changed and hopefully resolved as part of the new union. Reassessing our mission and outreach may also require someone to coordinate this work.

We asked people to contribute to various charities over the year including Christian Aid, Vision Romania, Mary’s Meals and local Foodbanks. |

Annual Receipts & Payments Accounts: Year Ending 31°* December 2022

Howe of Fife Parish Church (Church of Scotland)

Scottish Charity No SC005381

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Priorities for the year ahead

Our first priority for 2023 again must be about building up church life in the wake of the pandemic restrictions, re-engaging existing members and encouraging new ones. We need to reconnect with children and young people and see new ways of being a church and engaging in mission.

Secondly we will need to engage in planning for the new union of our cluster under one minister and spend time negotiating with our neighbours to create a good blend and make positive plans for the way ahead. Part of that will be to settle the plans for our buildings and we have made contact with a local architect to explore the possibilities for the hall in Kettle. Proceeds from the sale of buildings should enable us to find creative solutions to the need for a building to call home. It also may be that the new united charge will mean that the manse will no longer be required. |

Our finances constantly need to be under review, and although the declining buildings portfolio will help with this, our general income needs to be constantly under scrutiny.

Lastly we need to reassess our mission statement and our objectives to make us more responsive to the needs of our parish and communities and to the congregation as we go forward. This will be part of the negotiations involved in uniting the churches across the Cluster and hopefully the new Kirk Session when it is formed can spend time and effort renewing the vision for the whole of the new parish.

Financial Review

Our largest expenditure is for Ministry and Mission (M&M). In 2022 there was a very small increase to £33,362.

Income

The principal source of income for the congregation is the offerings of members. These are given either weekly through the FWO scheme or open plate, or monthly through standing order. The Trustees have promoted the use of standing order as a way of giving which enables a more secure income base for the congregation. Gift Aid was also promoted for taxpayers. As noted above income has gone down when in person services were not possible, but standing orders have increased.

Donation income has increased from £46,021 to £51,871 (13%) |

Other sources of income are:

e rental of premises to community groups which has decreased to £434 in 2022 e income from funerals and weddings which is £1,020 higher than 2021.

The surplus in the General Fund is £15,417.

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Annual Receipts & Payments Accounts: Year Ending 31*t December 2022

Howe of Fife Parish Church (Church of Scotland)

Scottish Charity No SC005381

Expenditure

The largest cost to the church is the contribution to the Ministry and Mission fund of|the Church of Scotland which mostly pays for the minister’s stipend and the wider work of the church. This contribution is calculated by Fife Presbytery based on national figures and outwith our control. It should be noted that the congregation does not contribute the full amount of the minister’s stipend and is being supported by other congregations of the Church of Scotland. However, we have again met the full amount asked for by Presbytery.

Another major cost has been the insurance for our buildings, with the sale of our buildings we have reduced this expenditure and received £642 in refunds. Maintenance costs this year have again been minimal.

Other costs include a contribution to the expenses of Fife Presbytery, salaries for organists, heating and lighting, running costs for groups and organisations of the church.

Fabric Fund

The congregation spent £5,755 maintaining our buildings in 2022. Additionally the| Friends Groups made valuable contributions to the costs of maintenance and specific projects at Cults, Kettle and Collessie Churches. The current balance in the Fabric Fund is £663.

Development Fund | During the year £0 was £0 was was spent and income was £103. The fund now has £20,859 in the Campbell No1 Account (Manse Fund) The balance now stands at £1,640 Kettle Benevolent Fund |

During the year £0 was £0 was was spent and income was £103. The fund now has £20,859 in the bank. Campbell No1 Account (Manse Fund)

The balance now stands at £1,640

It was agreed to use some of the income from the Kettle Benevolent Fund to help families in need at Christmas and £1,000 was used to buy gift vouchers which were given through local primary schools to families identified by them. The local Benevolent Fund now has £1,644 in the bank.

Charitable Donations

During the year Howe of Fife Church and its organisations raised the following sums for various charities:

Mary’s Meals £62

A further £498 was paid directly to Christian Aid and forms no part of these accounts. This was made up of the annual collection throughout the parish during Christian Aid Week as well as other specific church collections

Deposit Accounts

The balance in the deposit account held by the Church of Scotland Investors Trust is £9,813

Parish Benevolent Fund	£3,000
Campbell No 1 Account (Manse)	£4,813
FabricFund	£2,000

Annual Receipts & Payments Accounts: Year Ending 315* December 2022

Howe of Fife Parish Church (Church of Scotland)

Scottish Charity No SCO05381

Reserves Policy:

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 £30,863 of which £111 for the Youth Groups. The reserves represent around 4 months of expenditure.

Statement of Trustees’ Responsibilities

Approved by the Trustees and signed on their behalf,

Date : 67/os 1202 Ss

Annual Receipts & Payments Accounts: Year Ending 31°* December 2022

Howe of Fife Parish Church (Church of Scotland)

Scottish Charity No SCO05381

Independent examiner’s report to the Trustees of Howe of Fife Parish Church

| report on the financial statements of the charity for the year ended 31 December 2022 which are set out on pages 12 to 17.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the financial statements jin accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.

Basis of independent examiner’s statement

My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended). An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently | do not express an audit opinion on the view given by the financial statements.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention:

1 which gives me reasonable cause to believe that in any material respect the requirements: e to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and
e to prepare financial statements which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met, or
2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.

James Hair Group Limited 59 Bonnygate Cupar Fife KY15 4BY

Date: 4 cy\ 1028

Annual Receipts & Payments Accounts: Year Ending 31%* December 2022

. Howe of Fife Parish Church (Church of Scotland)

Scottish|Charity No SC005381

RECEIPTS AND PAYMENTS ACCOUNT FOR THE THE YEAR ENDED 31 DECEMBER 2022

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|||||||||| |---|---|---|---|---|---|---|---|---| |FOR THE THE|YEAR|ENDED|31|DECEMBER|2022||| |Unrestricted|Restricted|Total|Total| |funds|funds|2022|2021| |Notes|£|£|£|£| |RECEIPTS|[5]| |Donations|and|legacies|51,871|-|51,871|46,021| |Charitable|activities|2,861|-|2,861|1,235| |Income|from|other|trading|activities|434|=|434|500| |Investment|income|36|912|948)|863| |Other|income|19,406|-|19,406|3,325| |TOTAL|RECEIPTS|74,608|912|75,520|51,944| |PAYMENTS|[6]| |Payments|for|charitable|activities|58,411|2,100|60,511|||58,049| |Governance|costs|780|-|780|780| |TOTAL|PAYMENTS|59,191|2,100|61,291|58,829| |SURPLUS/(DEFICIT)|FOR YEAR|15,417|(1,188)|14,229|(6,885)|

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Annual Receipts & Payments Accounts: Year Ending 31° December 2022

Howe of Fife Parish Church (Church of Scotland)

Scottish Charity No SCO05381

STATEMENT OF BALANCES
AS AT 31 DECEMBER 2022
		UnrestrictedRestricted			Total		Total
		funds	funds		2022		2021
	Note	£	£		£		£
Bank and Deposit Balances	[7]
Brought forward		15,446		27,136		42,582	49,467
Movement in year:
Surplus/(deficit) forthe year		15,417		(1,188)		14,229	(6,885)
		30,863		25,948	_	56,811	42,582
		Kettle	Campbell
	Fabric	Benevolent	No. 1		Gordon
	Fund	Fund	Account		Account		Total
Investments	£	£	£		£		£
Endowment funds
Market value at 1 January 2022	10,613	18,618		5,876		6,327	41,434
Unrealised losses on investments	(1,124)	(1,973)		(623)		(670)	(4,390)
Market value at 31 December 2022	___9,489	16,645		5,253		5,657	37,044
					2022		2021
Assets					£		£
Costs paid in advance						1,562	2,428
Gift aid claims						1,874	740
						3,436	3,168
Liabilities							—_
Independent examiners fee						780	780
Collection due to third party						-	130
Ministers travel						320	320
						1,100	1,230
The accounts were approved by the	Trustees and signed on their			behalf:
AnnualReceipts&PaymentsAccounts:	YearEnding31%*December2022						12

Annual Receipts & Payments Accounts: Year Ending 31%* December 2022

“

‘Howe of Fife Parish Church (Church of Scotland)

Scottish Charity No SCO05381

NOTES TO THE ACCOUNTS

BASIS OF ACCOUNTING

These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities and Trustees Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).

TRUSTEE REMUNERATION

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. Ministers’ 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 £28,700 and the maximum stipend (in the fifth and subsequent years) £35,269. No employee had employee benefits in excess of £60,000.

3. TRANSACTIONS WITH TRUSTEES AND CONNECTED PERSONS

During the year, travelling of £960 and council tax of £2,119 were paid on behalf of ia

4. COLLECTIONS FOR THIRD PARTIES

Collections for Mary’s Meals amounting to £62 (2021 - £130), Afghan Relief for £NIL (2021 - £144), Glenrothes Foodbank £NIL (2021 - £144) and Christian Aid £NIL (2021 - £107) were paid during the year.

Annual Receipts & Payments Accounts: Year Ending 31%* December 2022

Howe of Fife Parish Church (Church of Scotland)

Scottish Charity No SCO05381

NOTES TO THE ACCOUNTS

		Unrestricted	Unrestricted
		funds		Restricted	Total
		UnrestrictedDesignated		funds	2022		2021
5.	ANALYSIS OF DONATIONS)	£	£	£	£
	Donations & legacies

	Offerings	37,086	-	-	37,086		36,494
	Tax recovered on Gift Aid	6,766	:	-	6,766		7,213
	Organisation donations	195	-	-		195	2,314
	Friends ofCultsChurch	7,824	-	-	7,824		-
		51,871	-	-	51,871		46,021
	Charitable activities
	Weddings and funerals	2,255	-	-	2,255		1,235
	Coffee mornings etc	596	-	-		596	-
	Fundraising	10	-	-		10	-
		2,861	-	-	2,861		1,235

	Income from other trading	activities
	Use ofpremises	434	-	s		434	500
	Investment income
	Dividends received	-	-	755		755	834
	Bank interest	36	-	157		193	29
		36	-	912		948	863
	Other income
	Electricity repayment	80	-	-		80	3,325
	Transfer from the
	General Trustees	19,326	-	-	19,326		-
		19,406	-	-	19,406		3,325
		74,608	-	912	75,520		51,944

The transfer from the General Trustees relates to the reimbursement of insurance costs incurred by the Congregation from 2019 to 2021.

Annual Receipts & Payments Accounts: Year Ending 31%* December 2022

Howe of Fife Parish Church (Church of Scotland)

Scottish Charity No SC005381

NOTESTO	TO THE ACCOUNTS
			Unrestricted
			funds		Restricted	Total!		Total
		UnrestrictedDesignated			funds	2022		2021
6.	ANALYSIS OF PAYMENTS	£		£	£	£
	Payments for charitable activities
	Ministers travelling		960	=	-		960	1,032
	Ministryand Mission (M&M)		33,362	-	-		33,3862	31,122
	Pulpit supply		60	-	-		60	-
	Presbytery dues		1,509	-	-		1,509	1,554
	Heat and light		5,928	-	-		5,928	4,286
	Offering envelopes		-	-	-			-
	Office expenses		1,191	-	-		1,191	939
	Advertising		347	-	-		347	238
	Sundry		1,543	-	-		1,543	919
	Bookkeeping		100	-	-		100	405
	Insurance		5,537	-	-		5,537	7,191
	Manse Council Tax		2,119	-	-		2,119	2,341
	Kettle clock maintenance		-	-	130		130	126
	Donations		-	-	1,000		1,000	900
	Fabric repairsand maintenance		5,755	-	-		5,755	6,394
	Manse repairs		-	-	970		970	480
			58,411	-	2,100		60,511	58,049
		ee						eee
	Governance costs
	Independent examination		780	-	-		780	780
		OS

Annual Receipts & Payments Accounts: Year Ending 31%* December 2022

° Howe of Fife Parish Church (Church of Scotland)

Scottish Charity No SC005381

NOTESTO	TOTHE ACCOUNTS
		As	at
		01.01.22		Receipts	Payments		Transfer	31.12.22
7.	MOVEMENTS INFUNDS-)	£		£	£	£		£
	Restricted funds
	Fabric Fund		459	204	-		-	663
	Kettle Benevolent Fund		2,288	356	(1,000)		-	1,644
	Campbell No 1 Account		2,476	134	(970)		-	1,640
	Gordon Account		1,157	115	(130)		-	1,142
	Development Fund		20,756	103	-		-	20,859
			27,136	912	(2,100)		-	25,948
	Unrestricted Funds
	General fund		15,335	74,608	(59,191)		-	30,752
	Designated Funds
	Sunday School Fund		86	-	-			86
	Messy Church		25	-	-		-	25
			15,446	74,608	(59,191)		-	30,863

Annual Receipts & Payments Accounts: Year Ending 31°* December 2022

‘Howe of Fife Parish Church (Church of Scotland)

Scottish Charity No SCO005381

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NOTES TO THE ACCOUNTS

MOVEMENT IN FUNDS (cont.)

Purposes of Endowment Funds

e The Endowment Funds provide the income for the following restricted funds: Fabric, Campbell No. 1, Gordon and Kettle Benevolent. |
Purposes of Restricted Funds |
e Fabric Fund: Income from this fund is to be used for the fabric of the church buildings. e Campbell No. 1 Account: Income from this fund is to be used for the upkeep of the Manse. e Gordon Account: Income from this fund is to be used for the maintenance of Kettle Clock. e Kettle Benevolent Fund: Income from this fund is to be used to provide aid to the needy of the Parish. e Development Fund: Income and capital from this fund is to be used for the refurbishment of a Parish Centre.

Purpose of Designated Funds

e Fabric Fund: The Trustees have set aside funds for the maintenance of the church property on a dayto-day basis.
e Sunday School Fund: The trustees have set aside funds for use by the Sunday School.
e Monday Club: The Trustees have set aside funds for use by the Monday Club.
e Messy Church: The Trustees have set aside funds for use by the Messy Church.
e Kettle Coffee Club: The Trustees have set aside funds for use by the Kettle Coffee Club.

Annual Receipts & Payments Accounts: Year Ending 31** December 2022

-» — "Howe of Fife Parish Church (Church of Scotland)

Scottish Charity No SC005381

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|||||||||| |---|---|---|---|---|---|---|---|---| |APPENDIX||| ||| |FUNDS|HELD|ON|BEHALF|OF THE|CONGREGATION| |BY THE|CHURCH|OF|SCOTLAND|GENERAL TRUSTEES||| |2022|2021| |es||| |CONSOLIDATED|FABRIC|FUND — CAPITAL|(I)| |Balances|held|at|31|December|at|cost|29,166|29,166| ||| |Market|value|of|Balances|at|31|December|_44,916|48,416| |CONSOLIDATED|FABRIC|FUND — CAPITAL|(II)| |Opening|balance|at|1|January|-|<| |Transfer|in|year from|temporary|account|184,922|||-| |Closing|balance|at|31|December|184,922|||-| |REVENUE|ACCOUNT| |Opening|balance|at|1|January|23,202|-| |Interest|received|120|-| |Dividends|received|869|-| |Insurance|policies,|transferred|to|congregational|funds|(19,326)|||-| |Administration|costs|(6)||-| ||| |Closing|balance|at|31|December|4,859|23,202| |TEMPORARY|ACCOUNT| ||| |-| |Opening|balance|at|1|January|116,588| |Transfer to|capital|account|(184,922)|||-| |Sale|of|properties|211,123| |Interest|received|107|-| |Fees|on|sale|of church|properties|(4,293)|-| |Closing|balance|at|31|December|138,603||116,588| |Annual|Receipts &|Payments|Accounts: Year|Ending 31* December 2022|||18|

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