2024-12-31-accounts

LAGGAN AND NEwfoNAIORE CHURCH OF SCOTLAND TRUSTEES. REPORT AND ACCOUNTS for the year ènded 31•t December 2024 Charity Number SC005490 Congrngational Number 362125

REFERENCE AND ADMINISTRATIVE INFORMATION CHARITY NAME Lag9an and Newionrno￿ Church of Scotland CHARITh NUMBER SC005490 CONGREGATIONAL NUMBER- 362125 CONTACT ADDRESS Lochnagar Main Street Newtonmore Inverness-shire PH20 1DR TRUSTEES KIRK SESSION INTERIM MODERAIO MINIS-ER INDEPENDENT EXAMINER he A9 Partners Abercorn School Newton Broxburn EH52 6PZ Ip Limiled BANKERS Bank of Scotland The Direct Business18022601 PO 8ox 1000 BX2 1LB

LAGGAN AND NEwfoNPIORE CHURCH OF SCOTLAND TRUSTEES, ANNUAL REPORT for the year onded 31" DECEMBER 2024 STR CTURE GOVERNANCE AND MANAGEMENT Govgmlng Document The Church 1$ administered in accordance with the terms of the Deed of Constitution. Recrultmont and Appointment ol Tru8te Members of the Kirk Session are the charity Trustees. The Kirk Se8810n members are the elders of the Church and afe chosen Irom the membership as they have appropriate gifts and skills. Oryanli4tlon•l Structuro The Kirk Session meets al least once every fv40 months and is responsib￿ lor all the affairs ol the Church The Kirk Session has a committee slruclure. and these committees Include ry*mbers from the congregation. ECTIVES ANO ACTIVITIE The Church ol Scotland is Trinilarian In doctnne, Reformed In tradition and Presbyterian In polity. 11 exists lo glorify God and to work for the advancement of Christ's Kingdom throughout the world As a national Church Il acknowledges a distinctive call and duty 10 bring the ordinances of religion lo the people In every pan$h of Scotland through a territorial ministry. 11 co-operates with other Churches In various ecumenical bodies In Scotland and internationally. In Coniunclion with our linked charge Kingussie Parish Chur¢h, we have been able lo have services every Sunijay Laggan and Newlonmore had joint services regularly but. on some Siindays all ltyree churches came together for a service We were very lortun8le lo have as our Interim Moderator, as She look rnarby serVI￿S and she was supportecj by elders who also look regular services Our Interirn Moderator was extremely supportive during Ihe last period of our vacancy and for this we express our gralelul thanks. During the year, following a period of uncertainty, we were given permission by Presbytery lo call a new minister for Kingussie linked wilh Laggan aF)d Newlonmorp and this process was satisfactorily concluded on 19￿ October 2024 when the was Inducted lo be our new minister and after a pefiod ol three and a ygdls without a minister. we are looking forward to working with our new leader as we seek lo develop 'mission' in our parish which covers Newtonmore. Laggan and Dalwhinnie Unfortunately, the Church ol Scotland, in ils review of church buildings, decided that Laggan Church itself should be sold. albeit against our will. and as part of the plan for Highlands and Hebndes Presbytery. the building ceased lo be part ol the Church of Scotland on 181n December 2024 when It was purchased by Laggan Church Partnership SCIO Plan5 IOT the future of the building are still In their Infancy. bul the church will conlinue to be available for church services In the future as requested by the funder5 of the purchase.

ACHIEVEMENTS AND PERFORMANCE The potential arrival of a new minLsler meant thal there had to be a church manse fil for purpose and ensunng this was the case. has been a major operation The estimated Cost of doing all the necessary work was £110,000 and while Lag9an and Newtonmore did not have sufficient funds lo do this. KingUsS￿ Church did have available funds from the sale of their manse some years previously As a resull of this cO￿peratIOn. the Kirk Sessions and the General Trustees agreed a deal whereby KinguSS￿ purchased 40% of the manse and this transaction provKled the necessary cash for the work which has recently been completed As anti¢ipaled with the arnval of a new minister. church activity has Increased with the Introduction a joint prayer meeting weekly. the formation of a t￿)k group, the formation of a ioinl discussion group and the provision of 'a cosy comer. every fortnight for the rest of the winter and our minister has been renewing church relationships with schools and care homes and fvrthering his interests In community affairs New people are starting lo attend church and the hope Is Ihal this will continue lo happen The local Girl Guides are now meeting In the church hall and once this space is upgraded. as currently planned, we hope that we will attract more activity lo our church buildings FINANCIAL REVIEW Preparing a Financ￿1 Review lor 2024 has not been slraigtttforward due lo the Complexit￿S of all the activity dunng the year Leaving aside the upgrading of the manse and the funds received trom KingUSs￿ Parish Church, our operating deficit was £10.678 in a year In whi¢h we dtd not have a minister for the fvll penod and our expenditure. due lo the vacancy allowance and the absence of what will te wular ministerial costs. was low compared lo what Il will be going forward There were some exceptional Items of expenditure during the year. these being the repayment ol a loan to the General Trustees Incurred when Storm damage was Incurred al Laggan glebe a few years ago and repairs to the church and hall roots which together total￿ £10.925, basully the same as our deficit Laggar> Church was sold during the year for £35.000 bul after COSIS and the General Trustees recovering our share of the cost of the new fence al Si Bride's. the General Trustees now hold a sum 01 £29.585 which the Kirk Se5sHJn Intends lo use for further essential repairs lo the church roof and the upgrading ol the ¢hurch hall as this money can only be spent on building expenditure On the plus side. there will be no further expendrture on Laggan Church wh￿h in 2024 arTh)unled lo £2,871. AI 31W Decembef 2024. exduding the hjnds held by the General Tfuslees. our funds amounted lo £162.999 with fvrther an1￿1pated expendilufe of approximately £44.027 10 come on the manse In 2025 On paper thanks lo the money received from Kingussie Parish Church, our finances are In a strong p0srt￿n. bul as we Incur additional Giving lo Grow cost and additional ministenal ex￿nseS. the finanual wsition will only continue lo be bright If we generate sufficient income lo pay our way. and given the age of our congregation. this will undoubtedty be a big challenge. 11 Is some time since finance has recewed an ainng and reached the top of the agenda It 1$ the intent￿￿ lo have a sFecial effort in 2025 to ensure the fviufe for our congregation. In past years a budget has not been essential bul In challenging Iirnes Il Is essential that one Is prepared as a 9￿￿e1 Currenlty there are suffic*nt fvnds lo meet our anlicipaled expenditure in 2025.

STATEMENT OF TRUSTEES, RE NSIBILITIES The membefs of the Kirk Session. who are the Trustees, musl prepare financial slalemenls which give sufficient detail lo enable an appreciab'on ol the transactions of Laggan and Newtonmore Church of Scotland during the financial year. These Trustees are responsible for ensuring that proper accounting records are maintained in a manner Ihal will on request reflect the financial position of the Church al any time. The Trustees must also ensure that the annual financial statements comply with the Charities and Trustee Investment Iscotlandl Act 2005, the Charities Accounts (Scotlandl Regulations 2006 and the Regulations Anenl Congregational Finance approved by the Genera Assembly ol the Church of Scotland in 2007. The Trustees are also fesponsible for Safeguarding the assets of the Church and therefore musl tske responsible steps fof the prevention andlor detection ol fraud and other Irregularities. Approved by the Trustees and Signed on their behalf, I t IL March 2025

LAGGAN AND NEwfoNMORE CHURCH OF SCOTLAND RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31ST DECEMBER 2024 nrestric 202 RECEIPTS Donations Open plate WFO scheme Gift aid In¢ome tax recovered General Donations £ 5,561 3.860 17.524 6.744 £ 5.561 3.860 17.524 6,744 1 139 £34,828 £4125 4249 18,432 6,512 2675 £35,993 £34.828 Fund raising events Lega¢ies Rental of premises Marriages and fvnerals Laggan toilet In¢ome Investment income and Interest Transferred from Kingussie PC Laggan Helping Hands 935 935 1.304 17.550 60 740 95 95 880 2,104 2.007 180,000 655 2.104 2.007 70,000 110.000 655 153 £108.745 £112.759 £221,504 £57,866 PAYMENTS Charitable a¢livities- note 3 49.423 70.018 119.441 £56.934 SurplusllDefi¢itl for the year £59.32? £42.741 £102.061 £. 932

LAGGAN AND PlEY￿ONM0RE CHURCH OF SCOTLAND STATEMENT OF BALANCES AS AT 31ST DECEM ER 2024 Er￿oWrnen1 ReS￿ted Funds nresthcled 024 2023 Bank and De sits Balance as al 1.124 £55.873 £3.489 £59,362 £58,430 Movement in year Surplu¥lDeficrtl of Receipts over Payments for the year 59.322 42.741 102,(￿3 19321 Balar￿ as al 31 12.24 £LL195 Investments Balance as al 1.1.24 and 31 1224 -£1.5 Total Assets - ￿LS.7.4_￿99_. £60 The accounts were approved by the Kirk Sesson on i % March 2025 and signed on their behalf by Minister Church T￿aSurel

LAGGAN AND NEwfoNPIORE CHURCH OF SCOTLAND NOTES TO THE ACCOUNTS 1. Tnrntees Remuneratlon and Rèlat Transactlon8 received £876 ft)r remal expenses lo his new charge in Laggan No Tfustee received any ￿M￿neTr￿.0n during Ihe yeaf. No Trustee or any person related lo a Trustee had a personal Inte￿$t in any contract or transacbon entered Into by the tharity during the year 2. Movement in Funds Asat Incoming Outgoing 1.1.24 Resources Resources Trnnsfevs Asat 31.12.24 Unrestricted Funds General Fund £55,873 £108.745 £49.423 £115.195 ReStr￿ted Funds Isee note 61 Messy Church Laggan Toilet Manse Fund Laggan Helping Hands 564 1,182 44.027 457 2.925 2.104 110.000 655 3.847 65,973 198 Endowment Funds The Mackenzie BeqL*sI 442 The Johnston 8eouest 1.132 442 1,132 Total Funds £6Q.936 L162 999 se of Endowment Funds Ir￿)me from both en¢Jowment funds Is to be used for general purposes The value of the Endow￿Ent Funds at 311t December 2024 was £1.87612023-£1.7461.

1. Anal sls of Pa men nrestri¢led Reslricled 2024 202 Charitable Activities Ministries and Mission Presbytery dues Travelling expenses Locum and Pulpit supply Other staffing costs Fabric repairs and maintenance Manse expense Other building costs Church office expense Other expenses Induction expenses Licences Professional fees £18.259 575 972 432 3.880 13.015 1.799 7.888 662 121 1.197 430 193 £18.259 575 972 432 7,534 13,015 67.772 7.888 662 319 1.197 430 386 £16,115 250 595 4,657 6,436 9.545 11.547 5.716 1.010 504 3.654 65.973 198 235 324 193 £49,42.a £70.018 £119,HI £56,934

2. Anal •1• of Net A8•Ots betr*e•n Fund• ral R strict Endowment Total Investments Current Assets Current Liabilities £ 1.574 £ 1.574 161.425 115,195 46.230 Nel Assets as al 31.12 24 £115..195. . _54fj23Q 1.&74 . .£IW99 S. Mlnl•ior's Stl nd All Church of Scotland congregations conlTibule lo the National Stipend Fund as part of their Min151ries and Mission allocation. This fund bears the cost of all ministers. stipends, employer's national insurance and eontribulions lo the pension and housing and loan funds. Minsters. stipends are paid in accordance with a national stipend scale which Is related lo years ol servi¢e For the year under review, the minimum stipend was £31.642 and the maximum. after five years service £38,884

3. Restricted Funds lal Mess Church Balance as al 1.1.24 Income £564 Balance as al 31.12.24 £E64 This fvnd Can only be used for Messy Church. anT Balance as al 1 124 £2.925 Highland Council Comfort Scheme Don81ions- toilet 1,200 £5,029 Wages Professional fees Iwagesl £3.654 3847 Balanceas at 31.12.24 fl,182 This fvnd can only be used for expenditure on Laggan public loilel. Icl Manse Fund Balance as al 1 1.24 Transferred trom Kingus$ie Pansh Church 110,000 £110,000 Repairs to manse and goods purchased 6597 8alan¢e as al 31.12.24 £44 027 This lund is money sel aside for the upgrading of the manse as agreed with Kingussie Parish Church. an Hel Han¢J Balance as al 1.1.24 Income Barbecue costs Donation 655 £ 98 10 19 Balan￿ as al 31.12.24 £457 This fund is held on behalf of Laggan Helping Hands and Is not church funds.

4. Other Collectlons Christian Aid

5. Manse Ex ens06 Gardening Heat and light Insurance Repairs £ 209 190 Note In this year Kingussie Parish Church contributed SOOA to gardening, heal and light and insurance. There will be further recoveries in future years In respect of some of the above costs APPENDIX Fund held on behalf of the congregation b the Church of Scotland General Trustees 2024 2023 Capital account Revenue account Temporary account £29 585 50 Note The Temporary Account arises from the sale of Laggan Church in De¢ember 2024 10

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LAGGAN AND NEwfoNMORE CHURCH OF SCOTLAND I reFQrt on the accounts of the chanty for Ihe year enaed 31 December 2024 whith are set out on p4e$ 5 to 10. R88pectlvè rnsponsibiltti08 ol trustee• and examlner The ChaTIty's tnjstees are re¥ofi￿b￿ the preparabon of the accounts in accordan th the terms of the Chanties and Trustee Investr￿n1 (Scotlandl Act 2D05 and the CharilEs Accounts {ScotLandl Re9ykAbons 20(￿. The chanty trustees cOns￿er that the audrt requireThEnl of RegulalM)n 1011lldl of the Accounts Regulations dcs not apply It Is my responsibility to examine the accounts as required under seCt￿n 4411 Ilc) of the Act and to stale whether particular matters have come to my attention Basis of ind•pend•nl examine￿* sts1gm•nt My examination Is carried out in ￿(%)rdance wth Regulation 11 of the Charrties Accounis (Scotlandl Regulations 2006. examination includes a review of the accounting le￿rdS kept by the charity and a Comparison of the accounts presented wrth those records 11 also includes censideratiw of any unusual items or disclosures In the accounts and Seeks explanations from the trustees conceming 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 opIn￿n on the view given by the accounts. Independent examiner's statement In the course of my examinat￿n of the xcounts for the year ended 31st December 2024 no matter has c(Hne to my attention wh￿h gives me reasonable cause to betr￿¥e that In any matenal respect.. Accounting Records have not been kept In accordance Sectson 4411 Ila) of the Chanlie5 and Trustee Investmenls IS¢otlandl Act 2005 and Regulation 4 of The Charrties Accounts Iscouandl RegulatKJns 2006 The accounts do not ac£ord with these record5 the ststerrenl of accounts do not comply with any of the fequireffEnts of RegulalKsn 9 of The Chantses Accounts Iscollandl Regulatrons 20 to whth. in my opin￿n, attention shwld be drawn in order lo enable a proper understsnding of the accounts to be reached Tne Ay Pannersnip Limrted Abercom School Newton Broxbum EH52 6PZ 24 March 2025