The Church of Scot]and Paisley West Church Allnual Report alld Accounts to 31 December 2024 CoD%regatlon No. 140793 Cbarlty F40: SC 005770
Pitsley West Chweh of Seotlal Trty$te¢s' Report Y¢8r othded 31 Decewb¢r 2024 ThetrlIee8 present tbeir annual Teport 8Ddfjnancial stalen)¢nts of tbe ¢lMrity fortbe year ended 31 D¢cember2024. The financial ststements bave been prepaTed in 1)rdancE1th ihe 9t¢ounrirLg policieg get outin thenote&to the aecouuts lld comply with th¢ Gcneral A5s¢nthly Re8ulations for CongregAtional FiTWi¢4 th¢ Charities alld Trnst Inve8lmellt {StIod) Act 2005, the ChRrities Accounts {Scotlalldl Regulation8 2006 las amend¢d) And Accountitig alld Repotting by Cbaritieg., Stgtem8nt of ROnOndad Prthctioé applie&ble to ohatAti09 proptstArLg thèir aecouht# Xh kee0rdce with the Fluanci Reporting Standard applicable itt the UK and Republi¢ tsf Irelattd effectsve from l January2019. ObJective8 Dd Acti¥lOe4 The Chur¢hof Scotlattd i& TriDitartall in docttine. Refom)ed in tt2diknon and Presbyterianinpolity. Itlsts to glority God and to work fortbe adva[Lent of Christ's Kingdonj throUg1Lt the world. As & tsAtioffta] Chitrch. it kCk[WItd£es 8 diBlxnctive tall attd dury to briti8 the orditJati¢es of iEligion tc thepeople in tV¢ry Parish of Scotlalld throu a tellItlMI15ty. It cowtrs withother Churches invarious ecumeDiiJI btylies Scollattd alldb2yoll A8 a ¢oJ]TrmuDity of God's pe4)ple at Paisley We8t ChurdL ourm2iu obi¢ctives &re: To otY¢T CbristranwoT5bTP. feuowship. instructio mis8ion and 8eThice. To m8ke known th¢ rrIenG# of thr Chtistian Inesge to the lives ofpeople the21si Ceuwry. To brillg th¢ ordiu8nc¢a of religion to th¢ within our Gongatio attdwith. Our goals a trJpr¢sent allinvitJn8. mod¢m atjd caring to our local ¢OTILmufLity. The d]re to do so ulld¢rlin¢s our plans ]n11]is¢0UrbajIs. thus offthing a llujre invitkiig to CUllEllt alld ptospe¢¢ive users of ourpremi8e& Our lleY xs of ittclustonrather thatt exclusion iti JrgYd to use of ourha]l$ by others. Within thi8 con8&¢10 th&%¢ objectiveA arePu. inteT Blia. by holding a service of worship every SivaY and on otIwocu8iOI)S 48 dct¢miin¢d by th¢ Kirk Sessson, the provi8ion of Chri8tian edu¢atlOD for youllg people througb a Sunday School, OPPOTtunitie8 for Chtistion fellow$htp through vwyous 8fDLhP activities foy youngpetsple through 4 Boy4 Brigade C07npw. andmaking thtpreTllisES availableto girls groups ¢o#neeted to the Guide A$5210. I¢ past few ye8rs h&ve been difficult due lo the positioo ot Mini$t¢r being YacanL with80m¢p¢op]c jointug othey ChurckeR 8nd others sayitig they will return the positior has been filled. The Pastoral C2re Team cottts.nue tonxn th¢"W8rn1 Spacc Eroup on a Monday to ¢n¢ourage people to cometo the Church H811 foT componionship4 foo WAnllth. du¢ tts high w¢rgy wic¢s. Th¢y also ptovid¢ reBthar film shows otta Saturday aflErnOOll. Throughout the yearwehave had # frw r¢tirnl offaitsgs, donating to Cmssreach Adam¥ House. Ac¢ordHo3pice' Cknistian Aid; snd Combat Stress. Th¢ Church $0 org8ni5es & monthly doJati¢)n of gro¢¢TS¢S etc from m¢mb¢r3 to th¢hJcalFoodbaJLk. DuriD8 the p8styeaT there been an increase ir activity witbin the Church. Thi8 ha8 grelY benefitted our in¢ome aT funé12isiDg activÉti&%. Howtver, ourIlletnbvs arc gtttling older and we h&ve losl agreatJ)uinber Lyfour ll)eM1$. W¢ mad¢ ¢Ollts¢t in Ord to improve the roll. how¢v¢r. s(lly, wehave losÈ D]¢tobaB d¢ to ill h£altb.pootmobility. and a ]MJTrther of oUrmembS pas8¢d awAy. Wenow 8trM the sy1s online for tthTrsewbTr aTe unable lo come its Church. A¢hi¢v¢meats PerfoTm¥nee Paisley West Church c8me into heing in JuJ22021 due to theioyous of St Colurnb4 Foxbar attdMÈrtyrs Churc Paisley. We have Cotied fo uphold our Gotiwlitmtsntio regular worshkp where possibltr,. however. wc h&v¢10st th great nuJnbLT frnemberA in thep88t year. reduckag aitendattceAtweekly worship serrices. WEhave be¢n able to resume sojne of o variow con8regational aLt&vities ld other or8auis£d eveTrL¥. We can be confid¢nt abfftitour ability. aTJd iE50uYces tv Yatious ¢knaUFng¢¥ ourchurth alla conllnuniiy will farK in Ib¢ fore8e¢&ble IILwr¢. Thisha8 bc¢ll an ¢xrr6nKiy happy union with everyone joinillg in. We areiww live streamitsg s¢rvBce$ fortho$¢ull4bl¢ to attend 07) Sw?day
Flll4nel4lRevi¢w The main source of income is weokly freewÉll offerings from the congtegation, 8svillg3by means of statithng orders and genwl donatiom. Additiojwl iJcome is 8tlated by nJwETrbeJ5 a¥rr¢in¥ topjedge thndsunder the gift aid scheme, allowing tax to be recl4imed byth¢ Churth. Thc combiTh¢d incolne from these sourc¢siD 2024 £45,804. slightly dowi on thai of 2023. Wehave lost anumbu tsf 8lar)ne)erS thisyear, due to their sad passing. The ]Ir fund galillg activities irfour SuaY morning piThnotionAI g(x)ds stalls, te&l¢offe4 honbakIn £ontributed£2.198 to the FuDdRai$ing Fuwi inthe yell. Tefille last ye8T wa8 £1,701. Costs have iacreased al an Aiiths otG csprLiuily electsicity. in Ilnc with inflation. Nithtsugh we do hRve the addldojjal r costs of the va¢t afjd forni¢rly th¢ empty St Colwnba Church. In finallCA81 tem]s. tkn¢ aiuTch ljas slkOWU O of £&855 ill theyear. We had $i8nific8nt upkeep tosts of the v•egot Stcolwnba buil<n8$ 40d ¢mpty MansA althoulb vatious monies wor¢ rthd from th6 General Th1stees in rcspe¢t of these costs. OUF investiuellts with tbe Chureh of ScotlaDd ntorS TnL8tb&ve increg£edby £2,421 An th¢ ye. du# tts market foTttS. W¢ will ctsniinue to monitor oUr2tFO511JUn closdy. dlle to the preAent financia] and political uDcert&inties, whicb iTLcvitsbly rnea thatrnembers are also under fiDauciat pr&%$. Rtsk M¥D4gement Th¢ Chwth liv¢J in ¢haIl¢ng1 tiDIC5 and th¢ TNst¢es ftel it is Prudcni to considu issu¢5 wbich llkayiKcome more problematic for us. The v¥aney h¥s c&usedw Its loge Y4 lot of members: howevet. we curntly have an ItlM MI1$ter. Our congregatiott Ageing and nLgny of 8tt housebouod orttquire CAre or Ixve in care e8tablislJnxett Thi5 bTins5 incrtas¢d Ghall8¢d r¢55K)llsibility ID th¢ w&yive Jnaintain our fellowship w)d worship. The eost of Church buildillgs alld f2bric, which 8re dated. illW¢B a ¢onsiderdble burden on tb¢ inrom¢ r¢soUL3 of our Church. We ar¢ prcscntly meding rhis burden that)ks to the gcnuosiry of our nkn[S but Cotyinuitig pNdelltllgern6llt olour fsnanK3 and fd$ is criti¢al. W¢ still bav¢ the upk¢¢p and m8intcDanLC of the Va£7tTn%E. Th¢ etwy Churth building at St G)lutnba ha8 lWbee1190]d to the Ror&1 Orthoth)x Chur¢h in D¢¢¢mbcr 2024. The Thurch Hal]s are asainbeingeffertively let axd income ftom l¢ts h¢lps withreveoueforthe Chwch. Th¢x¢ is a Quiz Qroup; &LiDc Dance Clw a Zumb&Clo&¥' a Singing effOUP' and a Children's Dance Clw. Res¢rvv Po51cy The charity trusÈEhav£ considered theTeserves i£quirttd and bave tsken intt> account their curreDt Ind fi]tt]r¢ ]iabilitÉ It is tbe Trllstee8' policy to luildJesorye8 of appmximatcty sixjnonths expenditu iDcludin8 desigDated fuud At the yesr enil the Church held vwestri¢t¢d funds of £62.996 (excluding Mai)se) of which £12.017 had been deSiOted for prop¢rty The r¢Th#iD?ng balanc¢ of £50,979 ry)re8ents just ovex seven month8 ¢xpendiiuK Thi8 Sliutttitsn W211 cwtitiue to mo7trAtored v¢ry Glosely. The church a]so hdd £13,943 of restTictrd funds which have been provided for the pwjoses specified in Not¢ 16. Strnethrt>GOveTh8Ce #nd Ma]MgeTneut Tlie 1£88170 18 a r6gist¢red ¢haTity. number SC005770 and is adminiswed ill accordance with theter£u8 of the Deed of cOnstition {Unit&ry Fornj) and is subject to theActs and Rcgulati02]s of the General AsseFnbly Of the chich of Scouand. M¢mbus of the Kirk Sesgiou att the ¢hari¥y tLWSteeL The Ki Segsion m6mbat8 aro the eldor8 of the elmrch ond are cha5 from those i¢bS of the Church who &re Lon¥idered to have tbe appropTiAte gifts aTJd skills. The miiiisier. who 18 anJembEr of the Kid( SeBsion, elected by th¢ cor*sr¢gation PDd i7Jducted byP5bytery. The Kitk Se3bi0n which Ineets quaTterly ihr(xighout ibe year is respot)sible for ]rItual affairs withill the Church. There are seven ti1 COU1tteek of tkne Kirk Session. tsaYndy:_ Finanet.Propcty. Comlllluucation & Pthblicity, Mi&sioo & EducatiOEU Pa%tOTal CaT4 Fulld Raising alld Social & a)ild Piotection.
Palsley Wt Church of Seot]4lld Tru8t¢¢s? R¢port (tont} Ye4Y emdtd 3J l)¢¢eml)er 2024 TruJtee8' R¢spoDJAbllJli¢fj kn Rdathin Iv th¢ FlnAndRI Statements Th¢ chlty trwt¢e& are reBponMlyl¢ forpr4wg a trusle¢B' onllual r¢port andfillaDciAI Statemta in aOrdan with applicabk Lw and United "ngdOM Ac¢ountillg Standards (United KJDgdom Gen¢rnlly Accepted A¢o)unting PTrclice). The low applicabl¢ to cb#tities in Seot19nd requires the ¢11ty li1¢S to PTepre 1¢14[ statrmthts for th ye&rwkn"ch show a true and faiT view of the ststr of affairs of the eljarlty Attd of the income alld expeii8o4 Df the chatsty for lhPerIOd. In pr¢parAll8 th¢ - B¢l¢ct suilablc accoulltingpolicies alld thenapply dwn coll5iStently' - obseThe the method and principles in the appli¢abl¢ Cbariti¢s SORP. - Make judgemenL8 and estiroates that are re&%onable and prudeni - 61al¢ whether Applicthle uccountig swidards st&t0ments of recommeDd¢d wllelice h&ve been follow subJ'f£l to any dq)adur¢8 disclc6ed And ¢xpl&rncd ill thr fllwKial statements; - prepare li fumncial stateTocnts oo the goi£ cott¢¢in b88i8 wde&s it is inappr(wiateto presull that thecharity will ¢ontiDut ill oDerational ex%8tence. Ilc tsvstees gIE responsible for keapitig adequ8 &e¢ouotitig records that are $Lfficiellt to th)w explain the ChIty'S transactiong 4ryJd1s¢lo with re8sonable accuracy at anytime tbe financial pogitiort ofthe charity and to enable them to enSr that Ihc financial statrmen18 comptywiththe Charitles 8ndTnle6 Investment {Scotl8nd) A¢( 2005 and the Charities Accounts (SbutiaDd) RegulatioDs 2006 (¥ts 4mcnded). They a150 rew5ible fot 3are8u0rdithe assets of th¢ charity andhence foTtskin8 r¢w>n&ble steps for the prcyention and detcclion of fiiud and 9th I81811tieS. The trustees ÈLE responsible for the maintenarAee and inte8tity of thty charity and fill>)ncial infonnation ot) thc congr¢Sa'S website. Lwslatioll in tbe United Kingdom governiiig the PTepaTatson artd diEsominAtIOA of finAllei21 gtsternts may differ from lelatiOrt in otlj¢r juri6dietions. Appro1 by tbt Thuxte¢$ and si8ned ott theirbehalf,
PaleY West Church Of Scodand Trustees? Reptyrt (eoDt) ye ¢Mded 31 December 2024 R¢ference aDd AthtiittlstrAtlve I0]& Trustees PriDelp81 Offi¢e-beaver$ MinTrqtci': Vacant PrlH¢lp] Oljle King Street. Paisley. PAI 2LR Ch4rtty No: SCI)057711 tlldependeLt Lxamln•r J IlruGe Jkndrew & Compally L 21 Fortr£s Place Pai81ey* PAI iur Bftllkeri The Royal Bank of Scotlattd P#i%ky Cbief OffiLe, I WNcrleff Sttwt, P2i81ey, PA3 2AW
Paisley West Church of S¢otlaMI Independent £xwnlnLYYs Report to the Tntses &fPatsl¢y Webt Church Perlod ended 31 Dttember 21124 I report on the accoullts of tbe c]wity for the Ye 31 Decembor 2024 whieh ar¢ 8¢t out on page8 1 to 12. ReswtAve raponslbllklts of trnsttt8 and exanAtr The charity's trustees are re8ponsible forthe PTepar&tion of the 8¢¢ounl8 in 8ccordattee with the tcrnis of the eharits¢$ and Trustee Investment (Scotland) Act 2005 and the Ch8Tities A¢¢ourtts (S¢otiand) Reguiatiow 2006 (a5 aiurndrd). The charity Inlee8 cOj1d¢T th8t th¢ audit reqUireellt of Rcgulatiom lall) (a) to {¢) of thc AccounL8 Re8ulatioTrs d<)es not appty. It 18 Ktsy respottsil)ility to tixatnitie the accow)ts os required undcr seclioy 44(1) (c) of tb¢ Act and to state whether particularrnattw3 havc come to my attentio Basts of idopend¢nt •Aamin¢r's Jtstement My ¢xan)ittatsoll 18 Calea QUÉ in accordallcc with RelatiOn 11 of thr ChaEitiss AcGfyunts (S¢olluttd) Regulitiong 2006 {2s amended). An examination indudes a review of th¢ &ccountiDg records kept by the chaLIty aLd a cOMp180n of ttL¢ 8¢¢ouDtspre8¢ni¢d with tbose yecords. It PLlso incliides consid6fFAtion of any iten)s or dlsclosures in the accoutlls, and seeks explanati¢)Js fro the trus*es collcetDing Y such matters. The Frocedutes undertaken do not provide all the evidence that woukL be requir1 in all audit, consequently J do not prC8S an audit tTrpillion ihe visw by the arKA>unts. Adevedefjt emnlller's StAtellNt In the of my eA8minotiofy no matt¢y has comc to rny att¢lltioJ) which giv¢s rnc reL%onabk callse to bclieve that iti tny inaterialresp¢ct the requiMents: to keep accountillg records in accordattce with Section 44(1) (a) of the 2005 A¢t alld Regulation 4 of the 2006 A¢rDutils Rewl&lion8 (&8 amended), tt> prepare acLX)unts which accord witb the acciyuiiting [Ta8 &nd comply with Regulatiots 8 of the 2006 Accoullts Re8ulatioD8 (És amended) h&ve been Jjjet. or to whid), ID Aly opiijion, attention sb)uld be (Irawn ID orderto a prop ullderstgnditig of tbe accounts to be reach¥L J Bnjce Ai)drew & Co Ltd 21 Foxbe8 P]ace Paisley PAI IUT
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P*lsley West Church of Scotland B4lallee Sheet A5 at 31 December 2024 2024 2023 Note Flxed •¥5ets Tsngible assèts veslments 201.820 32,078 201,820 29,657 233,898 231.477 Current Assets Debtors Bank atltl b&s li 45.641 39,418 45.641 39A18 cTnt Llabllld Credito. amout)t$ fAlling du¢ withiJ] ono ye8T Net Current Assets 12 780 756 38.662 riet Aggets 278.759 270,139 Fund$ UE)r¢stncted fiLThds R¢stri¢tcd f]dS End0wmt funds 16 16 16 264,816 13,943 257.961 12.178 Total Charity Futtds 278.759 270,139 The affjothits wav approved by the Tmstees on 31st MaT¢h 2if25 alld sigrL¢d on their Ixhalf by:
P4isley West Church of Scotland Year ended 31 December 2024 A¢¢ounling Polld¢8 The PTincipaJ accounting policies, which have been applied wnsistently in th¢ current and preceding period in dealing with items which are considercd maknial to the aceounty are set out below. Basls of preparatlon The financial statements have been Prepared in accordance with Accounting and Reporting by ChILle¥. Statemeut of Recon)tnended Practice applicable to charihes prq)aring their accounts in accordance with the Financial R¢portin8 Standards applicable in the UK and Republic of Irttland (FRSI 02) effective from l January 2019 and the Financial Reporting stalldd applicable in the UK and Republic of Irelattd (FRS102), the Cllarities and Trust¢¢ TnvestoTht (Scotland) A¢t 2005 and the Chatitic5 accounis (Seotland) RegulatioDs 2006 (as 2m¢nded). Fund aecounthig Funds Bre Classified as eAther restricted funds uJ]restricte4 fu]Ml8, defined as follows. Restri¢trd thllds are funds subj'ect to specific requirements as to theiruse whi¢h may be declared by the dolloi or with their authority or created through Aegal processes. but still within the wider objects of the charAty. Bndowment ftmds ar¢ fimds which have been given on the condition that the origitial capital sum is not Mluce(L b tbe income there from is used for the purpose defIned in aecordanee with the objects of the charity. Unr¢stricted fimds are expendabje at the discr10 of th¢ trusteei in fi¥theTaDce of the objects of the charity. If parts of the utYestTiCt¢d funds are eamwked at th¢ discretion of th¢ tnjstees for a particular purpos¢, they are designated 88 a separate fund. This dcs]ti¢jn has au admiillstrativc Purpose only and does not legally restrict the tnttts' di8cr¢ti¢)n to apply the fim Recognition of incojne Income is recogniscd when the charity has entitlem¢nt to th¢ fund8. any p¢rfortllance condition5 attachcd to thc item(s) of income have been mel it is probable that the income will be receiv¢d and the allUt can be measured reliably. Donated servlces and fa¢filities D0Th8t pTofcssional service5 3Dd donated facilities are recogtiised as income when the cknity has control over the item, any conditions associated with the donated item have b¢¢n met, th¢ reIpt of economic benefit ftom the use by the Chlty of the item is probable and that economic benefit can be MeaSud reliabRy. Jn accordance with tbe Chariti¢s SORP (FRS102) the general voluntett time of congregation is not recognised. On receip¢ donated professional seTvi¢es and donated facilities are re£ognised on the basis of the value ofthe gift to the charity which is the amount the cknty would have been williug to pay to obtain setviccs oi facilitics (pf cquivalent Kon(Imi¢ bcnefit on th¢ open market. & cottesponding amount is then recognised as expenditure in the period of re¢eipt.
Palsley West Church of Scotland Year ended 31 December 2024 Int¢re$t reeeiv4ble Interest on fiwds b¢ld on dw31t is included wh¢u receivable and Ihe amount can be measured re]iably by the clwity. this is llOTmally upon notification of the interest paid or payable by the Bank. Reeogtiiilom and allocatlon of expenditsre Exp¢nditure is iocluded in the Statement of Financial Activities on an aCcnlS b85is and is r¢¢ognised when thcre is a legal or cons1CtiVe obligatinn to pay for expend1tle. Fii¢d As8et$ Tb¢ chaTity has the righi to occupy and use for its clwitable objects certain tallgible fixed assets, including the Church, ha113 and maDSG. The Church and halls at King Street and the Manse are vested in the name of Local ThS and are in tbe bands of the solicit<), Cochran Dickic. No ¢¢msideration is payable for the us¢ of these assets. Expenditure incUed on the repair and n]UtenanCe of these &8sets is cbaTged as r¢sourc¢s expended in the Statement of FitJaDcial Activities in the perlod in which the liabjlity arises. Heritablc properti¢s consisting of the Church and balls aTe not recorded in th¢ accouttts. The trustees consider that it would be 2Trpfdctical to apply conventional valuation techniques to these buildings alld ar£ordillgly no valuations are avkilabE¢. InvsltueDts Fixed asset investsnents aye stated at maiet vae at the balance sheet d8te. UDT¢alised gains and losses represent the difference betwccn the mat*et value at the b¢gi]ill8 and end of tbe fmancial year or. it purchased in the year, the difference between cost and market value at the end of the year. Realis¢d gains alld losses represent the differenc¢ betwee the proceeds on disposal and the nwket value at th¢ stsrt of the year oi. cost if purch&8ed in the year. Tath.0 Paisley West Church is tccognised as a cb8rity for tEtt purpos¢s of app]ir&bl¢ t&Tation J¢gislation and 18 theieforc llot subject to taxation on its charitable activities. The charity 18 not regi8t¢r¢d for VAT and resouTce8 expended therefore include irrecoverdble input VAT. Cash and cash equAvalents C&sh ar c4sh equivalejjts include ¢ash in hand and deposits held with the Investors Th8t. Debtor8 Trad¢ and other debtor8 are reCA)liSed at tbe settlement amount due after atty discount offered. Praycnts ar¢ valued at thc amouDt prqjaid net of any discounts due. Creditors CreditoTh ar¢ nornthlly i¢oogui3ed at their settlement amouut after allowing for Any trnde discounts due.
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Px191ty Wtst Chur¢ of Seod&4d Notrs toFill8ntlal Ststemellts {¢•ntlnued) Ye8T ¢nded 31 Dt(tmbeT 2024 21124 21123 7 Staff dUmb¢1l Sa]aties a]JdwA8e So¢i81 B¢W c(ts 12.718 11,868 11718 11,808 Th¢aVer49¢llItt of omplty¢¢g duringthewirf eAJculated ththe b*%15 of ahgad touniwag follows". 2024 ber 2023 Number Cle2ttern OwDists12 Job Shath&l Nts emplDytrhad eTThployee in ex¢¢ssof £50.000 (21r23 Trill A]1 Church of Scotl3ndcollgtegationscoJMnl)uie to the NAlionai Stnd Fund whieh be4Th ¢03ts of8ll ]lSt¢t¥' tstipenth aDd effjployerf$¢oJllributioJJ$ forJ]2ttonal iJa5urartc4 pensio and h$18 loau thJd. ministe $tipcud5 ar¢patd i
¢¢orknwith thowt10j #ip¢Md wbich is r¢l&tedto yc4rs of $¢rvice. Forth¢ yeaTwiderr¢vicwthen]itsullu
stipendwas£31.642 8Ddthen)aXi Siipend (ill the fifth 8ndtsubscqu¢Dt years) £38.884. 8 Trwtet #ndRÈlThtod ¥ArtyTraI0S Thett was no t¢rnuneTion orcxpemes pidto ony Ih in2024. Plo Trustr£trcotved any p¢the5 iu2023) Ntstrth8tte oraporson related to atrthe had stty rmonalint¢regtill •tty(¥>lltract orthactiott euterryjinto by the charity duringth¢year.
P41sley West Chllreh of Scotland Notes t• Financlal Statements (¢ontloued) Y¢*r ended 31 December 2024 Building# Total 9. Tgngible Flxed Aisets At l January 2024 Additions Dispo8d8 At 31 December 2024 201,820 201,820 20I.820 201.820 Accumu]aied Depwiatio At l Janullry 2024 Chge foryear Elin]illated on Disposa18 At 31 Dcc¢mb¢r2024 Net Book Vvllue At l Jattuary 2024 At 31 December 2024 201,820 2111,820 201,820 201.820 10. Investments 2024 2023 Market value at l January 2024 TAwLsfers to Paisley North Unrealiscd gain l {106s) oll revaluation Markct value at 31 D¢ttmber 2024 29,657 27.765 2,421 32.078 29.657 Iavestments at cost 31 DecCneT 2024 14,785 14.785 2024 21)23 11. Debtors Gift aid tsA r¢coverable OtherDebtorg
Paisley West Chllrch of Scotland Notes t• Financial Statements (contlnued) Yegr ended 31 J)e¢ember 2024 12. Credltors: amounts f*lllng due within one year 2024 2023 Oth¢r A¢cruals 780 780 756 756 13. AnalysAS of1¥4et Asjets between Fulld Unrestrleted General D¢sigllated Restrjeted Endoiwment Totgi Fixed Ass¢ts Inveskn¢nts CuTreut Assets CUent Liabilities Ntt Assets at 31 DeceJRber 2024 201.1120 32,078 19.681 780 252,799 201,820 32.078 45,641 780 278,7Sg 12,017 13,943 12.017 13943 14, Volunteer8 The congr¢gation benefits from thr contribution nude by volulltcers who give their time and talents willingty for the beneft ofthe Church. The areas of congr¢gatioDal life which T¢ly on thc contril)ution of volunteers are many and varied andmllch of the 8Ctivily would be unable to continue were it not for the commithient show AS. Collecifions and fundraising for Tbird Partie8 Durin8 the year the utknted sutns were eollectcd and distributed; 2024 2023 Combat Sti'ess Turkish Eartbquakc Appeal Adams Hous¢lCrossreach Christian Aid AOrd Hospice 180 215 510 90 90 1.174 162 1,606 815
Pal$ley West Church of Seotland Notes to Financlal Statements (continued) Year ended 31 Deeember 2024 16. Movement itt Funds AtlJ* 2024 At31 Dee 2024 Ineome Eipendi¢ur¢ Transfen Re¥tricted funds Church Choir Legacy Janrt IAfdson Bequest Grace McKellos Bequest Mary WeiT Bequest Pastor81 Committee Flowers Youth GTouplSwbmer Clubs 157 1.616 999 297 5,612 3.085 412 12.178 157 1,616 999 297 7.377 3,085 412 13,943 6,521 (4.756) 521 4,756 Unrestrleted funth General Rtserve Property Aiaintenonc Totsl Ullrestracted fuAd8 248.472 9,489 257,961 91.540 (80213) (7.000) 252.799 84,685) Total fnnds 270,139 98.061 (89,441) 278,759 In the latter part ijf 2024. a Teview of held as disclosed in the accounts of P&isley West Church discovered that a r&8tiicted fithd was actually hcld by The General Trustces of th¥ Chw'ch of Scotland and. accordingly, sbollld not be recorded as a flthd withiu the aw)unts of Paisley West ClJur¢h. In ¢omplian¢e WAth advioeprovided by Clyde Presbytery, thc fund in question has becll excluded fr(lln thc 2024 arUnts of Paisley West Church. and a]so from the tive figur¢s for 2023. 10
F51¢Y W4t Chureh of S¢otlAnd Tr4•tes to Fknanctai stsiements (tntinUed) Ytsr eded JI Duembor 2024 akurch ChoirLe8a¢y'. this fid is to prowidemwi¢ for the choir. Mory WeArB¢qu&8t.. thi5 fi]nd is to be used for the annual cradle eXpet Pa2toral Cotyuuittee.. Lhi8 fund is to b¢ used for paatoral pwpose& FlowerFu1. this fund 13 tQ PTovid¢ flowers in th¢ Chur¢h. Yout& OrouplSTtD clb. funding foryouth ¢lub$ withiftthe Chur¢lt And suM¢r clubE. Reserve Funds.. this is utri¢*¢d forthe day to day transtiOnS of thc thut¢b illLludittg Lll r¢p&irs & rnaint¢]Jancc. PmpctyMaititen8nee'. th¢ TDJstecs bavesel 48idE funds forthe]D8ititewc¢ ofthe Cburch property. 11
P¥lslÈy West Chur¢h of S¢odand Appelldts Fulld9 held on behaifof the congregatlon by the Chureh of Seotland General Trnstees 2023 CreditBa]aL¢esheld It 311)eceDknatCOSt 30D391 Cr&IitBalatt 31 D¢¢eftDber J9348 11,645 (Jeditl(D¢btt) BalaRc¢ at311)cccmb 249.726 (2,1174) 12