The Church of Scotland St Fillall's Church, Aberdour Trustees Report and Accounts 2022 CoDgregation No= 241447 Charity No: SC005851 Receipts and Payments Accounts
. St Fillan's Church Aberdour Trustees Report and Accounts For the year ended 31 December 2022 Contents Page No Reference and Administrative Inforniation Trustees, Annual Report Structure Governance and Management 2022 Overview Priorities for 2023 5-10 10 Statement of Trustees, Responsibilities Independent Examiner's Report 12 Receipts and Payments Account 13-14 Notes to the Accounts 15-17
Reference and Administrative Information Charity Name: Charity Registration Number: Con&7regalion Reference No: St Fillan's Church of S¢otland. Akrdour SC 005851 ?41447 Contact Address: Trustees actively. seTh'ints on Kirk Session durin<F 2022 and to the date of this re ort Bankers Royal Bank of Scotland. Dunfermline Branch 52-54 F.ast Port Dunfemlline KY12 7I1B Virgin Money (Charity Detx)sit Account) 9 Castle Street F.dinburgh EH2 JAH
Trustees. Annual Report Year ended 31 December 2022 Structure, Governance 2nd Management Governing Document The Church is admijllstered under a Unitary Constitution which was given legal status by the Church of Scotland in January 2012 Recruitment and Appointment of Trustees Members of the KiFk Session aTe the sole charity Trustees. The Kirk Session is made up of the Elders of the churLh. who are Church members and volunteets with appropriate gifts and skills. They arc appointed tollowing support of the Kirk sessio and th¢n ordained to the Eldership folloM4ng a declardlion of faith. No new Elders were ordained in 2022. One Elder retired from Kirk Session. Organisational Strncture The tull Kirk Session is chaired by the Minister or an appointed Interim Moderator and in nomixl circumstances meets six times a vear. Under the Unitary Constitution. certain responsibilities are delegatcd to the folloming committees as appropriate: _ Executive, Worship, Finance. Proikny, Stewwdship. Social and P&stornl. The Kirk Session remafins accountable for spiritual affairs and also for all the activities of thL delegated committees within the charity which are more fully described below. Objectives and Activities The Church of scotland is Trinilarian in doctrine. Refornied tn tradition and Presbyterian in polity. It exists to glorify God and to work for the advaneement of Christ's Kingdotn throughout the world. As a national Church, it acknowledges a distinctle call and dutN' to brin_2 the ordinances of religion to thc Fwple in every parish of Scotland through a territorial ministry. Our mission is to -encourngepeople tofollow Jesus Chri. General Congregational Aims and Puryjoses at St Fillan's eontinuc to be:_ Promoting Ministry & Mission to all in the parish of Aberdour. and maintaintng its facilities for worship and community interaction in good order. SeLking to fulfil our financial obligations to the Central Funds of the Church and to Presbytery. Supporting the local Ministy with other Chureh of Scotland parishes in the PreSbery. Supporting locaR activities working closely N%'ith other denominatioDaJ groups for the benefit of Christ's KingdoTn, Supwrting other charities through retiring collections and donatio
Trustees, Annual Report (continued) Year ended 31 Deeember 2022 2022 Overview l. Ministry and Worship 2. Worship Group 3. Stewardship and Community Outreach 4. St Fillan s Website and Facebook 5. Pastoral Carc 6. Fundraising and the community 7. Property 8. Financial Review 9. Reserves Policy I. MiDlStry #Dd Worship 2022 has L*en a very ¢hallenging year due to the Mtnister's absence for most of it. Thanks to the Si Fillan's Worship Group along with sei'eral i'isitinri spccial thdnks has to go to the Minislirs ive have had a service on every Sunday of the year. a relired Methodist Minister who has carried out services for a couple of Sundavs rr WivAI-.. A ULyQiid doubt the viabilih, of the Charity and we owe a de of gratitude to all these prLachers. We are Th0" back to tween 45-70 attendees at Church each Sunday. We are also grateful t1h0 has IKen our Interim Moderator during this dilyicult time. Thanks to the work of the Family Flln Week Team we had meetings for F2Ster, the SUEnmer and Advent with over 45 primary school age younosters participatino We have introdiiiLJ 'I iiTrc)iiilili iiitTii Iiiorning lo replace lunches. There were 4 w'eddiiislf iii ihi L'liurch, 2 Conducted by i)f Dalgety Parish Church, l Conducted b Leonard's Church. DLinlLrnili[!i .'IiiJ l Lundueied by the Father ol" the Groom. There i%tl"L of St E.=1 ILLS of Holy Communion conducted April, June and Octokr. We also had a communal Act of Remembrance at the War Memorial on I l November a full Remembr1Ce Service ou Sunday 13 November in the Hall. Both of these were well attended by thL Aberdour Community". DurKng Christm&s we again had a service at 6.JOpm on Christmas Eve which was attended by over 160 people from the Congregation and Aberdour Community. The Congregational Roll had 309 Melnbers (2021: 317) and 33 Adherents (2021: 25) on 31 December 2022. 2. Worship Group The Worship Group have continued to supw)rt the weekly diet of worship during the Minister's absence. now delivering worship on the first Sunday of each month. At the start of 2022 the . <Froup l]ad a tnembership of two: that has now incieased to si& as [neMrS of the conbJregation have offered their skill& some lo do prnyers and readings, others to deliver the message. Each bring their own titne. talenls and perspectives enriching the service the group provides. The feedback from the conoregation is alwavs encouraging. They have appreL'idted havin¥ diATerent face4 voices and wspective& not only from the group but others sup¥rtIng the weekly diet of worship. In Advent 2022, the group set out to the church building as a sanctuary for those who were strnggling. both out with and within the chtJrLh. This was the _0P s first stLps into using the church building for mission. Take up was poor and there are lessons to learn particularl}, around communicalion and engagement. This Mryll be taken forward w'ith the support of the Kirk SL!%jil;' sabbatlLal whilst training for Readership. l.iioLing forward to 202) the current convenor is tsking a lill take over &$ convenor t.or the duratio
Trustees, Annual Report (continued) Year ended 31 December 2022 3. Stewardship and Community Outreaeh It has proved to k a difficult year as rather than tying to expand our memkt5hip by any manner of a stewardship Lampaign we have rather found ourselves on the back foot by trying in variolls ways to encourage our existin&, memEers to continue to support our church in &s many ways as po&sible. This has been occasioned by various factors Son of which outside of our control. We entered the year with the threat of p)ssible closure of St Fillan s Church BuildÉng hanging over us and whilst Ihe situation is ongoing we are encouraged by meetings which indicate a ry)ssibility of alternative factors. Sadly though ill health our minister was unable to conduct worship for most of the year and we remain eternally grateful in his capaeit), provide a seri'iLL cl'en" Clerk for finding pulpit supply so that we were able to unddy and also t what is happLning '1th1 the kirk. ho is our web sile expert and keeps us up to date with Inevitably with an ageing congregation we have lost sx)me memkrs during the year and as indicated in the TreasuTer's Report that does have an infiuence on our eoTrllnitments to the overall offerings to the church. Havtng said that we look forward to a different picture in 2023 as we celebrate the 900th year of worship in our church and on Sunday 8th January w¢ heard from "I"hesL plans involve not just current church mem 'IIFne of the exciting, plans for this y&gT ahead of us. ut the whole of the villagc in recognisin&s sucb a histOTiC event. It is hoped that with the planned celebrations many on the lphery of the church mtght be encouraged to participate in keeping a vibrant and living church in ArdoUr for many years lo come. 4. St Fillan's Website and Facebook There h&% been a change in ue as lockdowm restrictions ere lified and online services ce&8ed. In 2021 one of the main usLs of the website was so members and others could access the online services- this aS generally done on a Sunday. In 2022 with the retln to nom]ality.. the website is accessed throu&Jhout the week providing Inspiratio inforn]ation and news to the congregation and the local and w?der comrnunity- &s it had initially en set up to do. In 2021 there 'ere a total of 2,000 users and 6,100 sessions and 16.000 page views. in 2022 there were a total of 2.900 users and i,IIM) sessions and 14,000 page views. The website is a150 used for the more nonnal aspects of church life. such as how to find the churcW contact the Minister, Session Clerk or Hall Keeper, and also to find inforn]ation on Baptisms Weddings & Funernls: etc. It is also an in-depth source of. ]nfornlL0n on the history of the church and a few more history pages were added during 2022. In 2023 we celebrate the 900th annjN'crsat)' of Si Fillan's ChurclL making it Probably the oldest church tn Seotland. The website will be an imrtant means to inform the community about the events to mark the celebFation. On 21* July 2022 the St Fillan's FaceEK)ok page was launche so far there are 133 followeF& This complements the website. but it serves a more local audience. n)2ny are from the loca] community rdther than just church membeTs.
Trustees, Annual Report {eontinued) Year ended 31 December 2022 5. Pastoral Care Despite the Minister Ixing off for a long period we have attempted to keep up our Pastoral duties. This has included visits to recently bereaved members to discuss funeral arrangcments and any other help thai thev require. We hake Lontinued to deliver flowers each Sunday to bereaved members. those that are ill at home and special birthdays and anniversaries. We have continued our w'eeklv enlIS to mcmbers of the congregTration including Order of Services. Finally" at ChriStn% we delivered Christmas cards to eN'ery house in Aberdour and to members of the conyegation out with the village. 6. Fundraising and the community 2022 saw most activtties within the Church Hall grddually return to norn following almost two yS of Covidl 9 related lockdowns and restrictions. It was a venue for many fund raising events and communitv activities as well lor all the groups and youth organItiOnS H."ho meet on a regular blfis. The Church aS opened abJain to visitors on a daily basis and was also a venue for several Communitv eents throughout the year. Two fundrai%ing events for the Church took place in 2022 raising a total of £J,066. In addition, £652 was collected from the Donations Box in the Church and £208 received in donations to the annual FloweT Festival at the Church. The congregation raised £3.503 for external c]]arities througb Sla1 Collections. A total of £3.855 N¥as donated including the 2021 Advent Collection balance brought forwar(L March Retiring Offering- Ukraine DisasLers EEnergency Committee (DEC} l.enten AppeaI - AfLFhan Refugee Apr1 - Aberdour Regee Resident SUprt Group Harvest Festival - Dunfennline r(K)dbank. October Communion - The Cottagc Family Centre and Big Hoose Project Remembrance Day Service- Popp>. Appeal. 2022 Advent Appeal - The Cottage Family Centre and Big Hoose Project 7. Property St Fillan's has charge of two listed busldings and a r¢latively mixlern Manse. The Church itself is Grade A listed. is nearly 900 years old and is thL heart of the Parish'"s worship. The buildiYR&F is in generally good condition for its age. The ligThts and the sound system were up?radcd. A smart meter has been instslled. The five y&qrlv Eleetrieal IT)stallalion Condttion Report (EICR) insFtction complcied. A faulty socket was replaced and sealin&J works carried out on the distribution boarLt There is a small Church Vestry, which ts incoTwrated into thc wall of the Aberdour cale Gardens. UpgFrading to the toilet area is reqUIrL and issues need to be resO1.td with incoming po..er supply. We are currently aM."aiting Scottish Power to cary out this work. The Church HaRI, listed Grade B, is half a mile from the church. Being at the centre of the village il is a focus for many social and communitv gatherings. It is us¢)J daily during most weeks of the year by manN, difterent local groups and organisations and is xn e&sential element in village life. The EICR was completed minor works carried out to electrical circuits. The heater swilching panel w&$ replaced. The Manse is also kept good eonditioL The faulty palio door and master ithoom window were replacel and bedroom Te-decorated at a cost of £4,626. The EICR was also completed and a new distribution board and upgrading to electrics took place.
Trustees, Annual Report (continued) Year ended 31 December 2022 8. Financial Revieiv The fuclaI results for 2022 were again impacted by the Covidl 9 Pandemlc as the return to 'norn]al' was very much a tsradual process. A tull year deficit had been budgeied in the knowledge that there were suflicient Reserves in place to proN"ide adequate cover for loss of income due to these exceptional circutnstances. The most significant item of. exndI1Ure contknued to be the Ministries and Mi&8ion AIlocation which is effectively not controllable and was based on highei levels of income. All cornmitments were met in full. Total reccipts were £71.404 (2021 £62,221) and Fmyments £80.574 (2021 £69,874) resulting in a deficit of receipts over pa)'mcnts of £9,170 (2021 deficit £7,65J). 2021 Coinpardtive figures have been re-ststed to gross up incoine transferred from the Consolidated Fabric fund and reimbuT5ement of Pulpit Supply paynents. These receipts had been offset against payments and disclosed by mrans of notes to the Accounts. Thc Tt of this $talent is to incffase IM)th receipts. and payments in 2021 by £1163. The deficit of reccipts over payments and other balances remains unehanged. Congregational ofterings and donations including Gift Aid amounted to £50.574. representing 710/0 of total receipls 12021 £54.799. 88/}. There was a decrease in regular offerings by Standing Order and WFO, untortunately not unexpected with an ageing eongregation. Open Plate donation5 'ere £4,208 (?021: £2.699} an improvement refleL'tinL¥ incre&sAng attendance numbers bul nol yct back at pre Covid19 levels of £8,659 in 2019. Pleasingly Ihere were optx)rtunities for Fundraising In 2022 with one coffee morning and thL return of the annual Sale of Work raising £J,066 (2021 £nil). Other income. including Flall Rental Income and income from Weddings and Funerals more than compensated for the reduction In re&Fular donations increasing from £3,148 in 2021 to £10,291 in 2022. Ordinary General exnditre increased froTn £64:048 in 2021 to £70.834 in 2022. £3,567 of this increase was in the net Ministries and Mission ContrÉbution as 2021 had included a one off reduction in response to the Covid19 Pandemic. Salaries and fees Increased by £?,419, due to a combination of return to nonnal hours and rate incr&2ses. Other movements in expenditure largelj reflect the relurn lo 'restriction frec, services and aclivities. Pulpit Supply costs for sunday Services incurred during the Minister s abnce were recovered from the Church of" Scotland Pastoral Support teanL Services taken by our ovm Woiship Group every rnonth reduced the amount we had to claim back. DIretIOnary expenditure continued to carefully managed to offset loss of Income and to minimise the General Fund deficit. £4,818 Property Repairs and Mainienance EXpnseS were charged to the Designated Fabric Fund and £2,334 recover¢d from the Consolidated Fabric Fund held by the General TrUees. Overall. total funds carried forward were £219.962 (2021 £229,484) excluding the Consolidated FabTiC Fund. The Reserves Policy was reviewed by Kirk Session al the end of 202? Financial resilience more than ampl), demonstrated in 2022 dcspile the longer terr¥) impact of the Covidl 9 Pandemic and the risks &gsociated with the protx)sed closure of the Si Fillan's Church Building. The main strengths continue to be = the wide support of the rnembers and community, the continuing high PTQPOrtion of income from regular doTbors throu&yh Gift AiiL Combined Mith &Jood control of expenditure. the generally good condition of the fabric of all the buildings. the availability of excess Reserves in the Gcneral Fund to otT5et the impact of unforeseen and exceptional incoffte losses the availability of reserves in the Fabric Fund and Building Repair Funds which reduces the need for general funds to be spLnt on routine or essential Fabric Maintenance, our continued ability to pay the full Ministri, and Mission alloration.
Trustees, Annu21 Report (continued) Year ended 31 December 2022 8. Financial Review (continued) In Contrast the major financial risks are-. The ongoing longer tenn impact of the Covidl 9 Pandemic in ternls of revenue and community engagement, The threat of closure of the Church Building, and uncertainty around the implementation of the F ife Presbjtrry Plan. The risk of a loss of regular offerings through slowly decltning MeMrship and the potential need foT extra fundraising in these circumstances, The risk of unexpected endIture on the listed building& Investments No new investments were made or existing investments ld in 20?2. The market vue of investments at 31 December 2022 was £49,715 (2021 £58.518) rotnpared to Fx)ok value of £49.516. 9. Reserves Policy The Reserves Policy was last utmjated in 2020 in th¢ liglit of the universa] concerns aEx)ui ihe impact of the a&7ein congregation, the impact of the Covidl 9 PandemiL and the receipt in 2020 of a significant Unrestricied LeLJacy but is stÈll considered to be appropriate. 'I"he longer tcmi eftccis of the Pandemic are still being seen today and the external environmeni has changed in other wav& not least lg the Cost of Living Crisis in the UK This a£Tects us directly, in terms of rising cost& and indirectly, through the impact on our Congregation and wider Con]munity. Although there will continue to k fIn2n¢ial demands in maintaining Iwo Its1 buildings. it is considered that there are adequate fidS to matntain all the buildings in the comin£ y.ears. Some would benefit from investment to improve or modernise facilities and it is hoped that the current restriclions imposed by fife Pres'bytcry, perniitting essential works only (wind and w'ater tight OT required for Health and Safety). are lifted soon so that these works can be gJiven appropriate consideration. Funds raised for the upcoming 900th Anniversary Celebrations are held in the Church Fund. More generally this Fund is for improvements to the ChurclL Church Ilall and for worship. and for the improvement or replacement of the ChurLh Organ. The key features of the Reserves Policy focus on Unrestrtcted and De51&Fnated funds and are-. Fabrie Reserves to k put aside for addreIng the major fabric risK partÉculaTly those of the ChurclL Church Hall and the Manse. These funds are a combination of monies held in the Consolidated Fabric Fund and the Fabric Fund and should be maintained at £60k (2021 £60k). Th¢ monies held in the Buildings Repair Funds are sufficient to cover toreseeable maintenance costs of the Church and other buildings for the next few years. The General Reserve is to provide adequate cover for lo of income due to unforeseen circumstances, such as the Covidl 9 Pandemic and the Cost of Living Lrisis. and gradual loss of allnuai income reflecting concerns about the demogJraphics of the congregation. Unrestricted donalions or legacies foi &JLneral pUrpoS will also be accountcd for in this category.. These are gJenerally instructed to be used ai the discrelion of the Minister and Elders. surpluses above levels required by FK)licy may be transferred to FabriL Rcscrves on an annua] basis to maintain these at their agreed level. The aim is to hold Funds of at least £45k (2021 £45k) within this General Reserve to provide cover for loss of income . Working Capitsl of £IOk is al needed to n]n 0FratiOr1 liquidity day to day - for Ministy and Mission paytnents, ulility bills, salaries atld for routine fabric maintenance. etc.
Trustees, Annual Report (continued) Year ended 31 December 2022 9. Reseryes Policy (eontinued) In total the assessed level of reserves in utwestricted or desi natrd funds logether as defined above should be maintained at a minimum value of £120L At the end of 2022 the total balancc in reserves complied with this Poltcy with targets set in previou5 years achieved or exceeded. The values below are shown after year end transfers. 2022 2021 General Fund Fabric Reserves General Reserve The sum held in General Fund at end year Sum of Fabric Fund and Consolidated Ftsic Fund at EK)ok value Sum hcld in Reserve F'und at bwk value Total of Uttrestricted Reserves £IOk £60k £79k £149k £IOk £60k £91k £167k Priorities for 2023 2023 promises to be a chaIlenging year although it will a joyful one &8 well whilst we celebrate our 900th anniversary. Further details can be found on our Website regarding events for the anniversary. We are in a cluster with Dalgety Bay, Inverkelthing, North Queensfery and Rosyth. Meetings will continue to be held to discuss the way forward for the 5 Churches. This will include Team Ministt), which is still to bc worked on. Our priority is to continu¢ to fight the decision to close St Fillan's and we have already had discussions with the Historic Churches Coxntnittee set up by Fife Presbytery and further meetings will take place. In the meantime we wilF continue to ensure that services aTe held in the Church every Sunday. The TteeS have a pastoral responsibility to the pIe COEnmitted to their &qre, the Members and Adherents of the Congregatt0 to ensure Worship and P&8toral care will provided afier any restructuring. The TTUSttes also have a fiduciary duty to ensure that the &ssets hcld by the Charity are used prOrIY and legally, and transferred to other charities should that the outcome of discussio always with the interest of the Charity in mtnd. The TrustLCS, therefore, will have to spend a considerable amount of time and effort to ensure these m8ttcT8, spiritual and temporal, are dealt with in such a way that the knteresLs of the Charity are meL This will bc a very difficult process filled with iniernal and external pressures. 10
Trustees. Annual Report (continued) Year ended 31 December 2022 Statement of Trnstees, Responsibilities 'I'he Kirk Se&sion is resnSible for ensuring the preparation of 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 kceping proper accounting records which, on requcs¢ must relleLt the fInCIal positton of the Church at that time. This must k done to enS[e ihat the tiEJancial statements complv with the Charities and TnteeS Investment (Scotland) Act 200). the Charities Accounts (Scotland) TeLJulations 2006 and the Regulations Anent Con&Jregational Finance approved by the General Assembly of thc Church of Scotland 2007. They are also responsible for safeguarding the assets of the Church and must take reasonable steps for the pr¢vention andlor detection of fraud and other itregulariti¢& Approved by the Trustees and signed on their behalf St Fillan's Church, Aberdour SC005851
Independent Examiner's Rew•rt to the Trustees of St Fillan's Church, Aberdour I report on Ihe fll]ancial Statements of the charity for the year ended J l December 2022 which are set out on pages li to 17. Respective responsibilities of Érustees and examiner The charity tr[eeS are responsÉble for the preparation of the accounts in accordance with the tern]s of the Charities and Trustee Investments (Scoiland) Act ?005 ("ihe 2005 Acty and the Charities Accounts (Scotland) Regulations ?006 (as amended) ("the 2006 Regulations"). The charity trustee% consider that the audit requirement of Regulation 10(IXd) of the 21x16 Regulations does not apply. It is my responsibility to examine the ac(x)unts as required under section 44(1 Mc) of the 21X)5 Act 2nd to State whether particular matters have come to my attention. Basis of Indepcndent Examiller's statement My examination is carried out in accordance Regulation I l of the 2(K)6 ReLFulations. An examination includes a review of the aLcoiinting records kept bv the charity and a Lt)mparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts" and seeks ¢xplanations from the trustees concerning any sh matters. The procedures undertaken do not provide all the Lvidence that would be required in an audi¢ and conwuently I do not express an audit opinion on the view given by the accounts. Independent Examiner's statement In the course of my examInatio no matÈer has come to my attention: which gives me reasonable cause to lieve that in any materiaI reS[t the requirements: - to keep accounting records in accordance wlth Section 44(IXa) ol. the 2005 Act and Regulation 4 of the 2006 Account Re()ulations and - lo prepare accounts which accord wtth the accounting records and comply with Regulation 9 of ihe 2006 Account8 Regulations have noi been meL or 2. to which in my opinion, attention should k drawn in order to enable a proper understanding ot" the accounts to be Teached. Date.. 12
St Fillan's Church Aberdour Receipts and Pam¢nts Account Year ended 31 December 2022 Unrrstricted Rostrirted Etydowment Funds Fullds Fknlld5 2022 21122 2022 Total Total 2022 2021 Rested Note Receipts Donations Gcnerdl Fundrdising Activities Bank and Ikwsit Intuest Incom¢ from C of S Unit Funds Investment Inci)rne 50,076 3,066 21 2.091 246 55.500 398 50,474 3.066 400 2,091 246 56,277 54,799 379 276 1,675 160 56,910 777 Hall Rental Income Associated OraniSatIonS Weddings and FuneTrls Transfer from Genernl Trustees Re1mbUemet of Pulpit Supply Miscellaneous 6.273 6.273 1,883 30 700 1,769 394 535 5,311 1650 2,334 2,502 1.368 15.127 2,650 2.334 2,50? 1.368 15.127 Total Receipts 70.627 777 71,404 62221 Payments Cost of genernting funds 86 86 77 Charitable Aetivities Ordinary General Expenditure Church and Building Repairs Fabri¢ Funds Propetl! Maintenance Total Payments 73.336 73.336 fvF.442 3.586 7,152 1.769 80574 69.874 7,152 80574 (Defieity Surplus ofReceipts over Paymettts for the vear before transfers (9,947) 777 (9,170) (7,653) TraSfer5 Gencrdl Fund Fabric Fund Year End Reserv¢ Fund (Defieit)I Surylus of Receipts over Payments for the year after tran¥fers 7,5(H) 5,752 13.252 7,500 5,752 6.674 497 (9,947) 777 (9,170) (7,653) 2021 comparative figurcs have been re-stated to gross up income transferred from the Consolidaied Fabric Fund and Reimbutsement of Pulpit Supply paymonts. Tl)es¢ receipts had been offset against the relevant payments and discloscd by means of notes in the Accounts. The dTect of this re-ststement is to increase both receipts and payments in 2021 by £2.163. The d¢ficit of rcceipts over pa)Th¢nts and other balances remains unchanged. 13
St FillaA's .4btrd••r StatemeBt of Bala•ces At 31 Dettmber Rtstsicted Endoiymeut Futtd5 Funds 2022 2022 Totsl Total FuDds 2022 2022 2021 ole Bank and l)ep05Vt BDtts Brought FoTr RBS Curreni A¢count C of S tkFK)Sit ALTount Virgin Monei" Charities Account Movement in l'ear Excess of Receipts o%'er PaTrin¢nts Undistributed SFttial Colledions Carried Forwanl 219 55,079 14,129 7.211 134.584 148.928 31,255 31,130 79.505 (9,947) 352 83.116 777 {9.170) (7.653) 352 170,446 179.968 87,330 RBS Curr¢nt Account C of S Deposit Account Virgin Money Charities AccotEnt 13,201 69,915 617 55.376 31.337 87J30 6.454 93,784 13,818 14.129 125.291 134,584 31.337 11.255 170,446 179,968 49,516 49.516 219,962 229,484 83,116 43,062 12A178 InVesents at Book Value Total Balances Investments V4t Market Value C of S Investors Trust Units Total 2022 Tolal 2021 M8rket ve Value Income Fund Fabric Fund Reserve Fund Sands Tn]st Duncan Trust Growth Fund Sands & Duncan Tnist Total 1,894 19.549 2,061 22 514 351 2.945 49 20,001 21.764 20,001 23,637 21,764 25,721 3,707 4.380 517 612 3,707 517 690 3,097 49,516 3,726 3,726 4.168 49.715 58.518 41.765 larket Pritts at31 DErembtr 2112? C 01"% Inv10r5 TTusl Int4)n L'nit C ors 1nvest(YsTrst Glowth Iljtits £IOi61£12.48 31 ik¢trrkn20211 £i.404£6.1)4 th 31 DEcen*£r2021) Other Assets 2022 2021 Charitsble GTft Aid tax refunds Outslanding Hall Rental Income at t)ecemlKr Business Strcam pavmeTkt recov¢rnble Dectmber Pulpit Supply payments recovernble 1,215 .304 1.490 438 55 232 2,751 1,983 Liabilities Special Collections - Donation5 outstanding 379 Thcse Accounts Th'ere approi'ed by the Kirk Sesston on IL April 20?3. For and on behalf of the Kirk Se%sion and the Finance Committee. Actin% S¢siivn Clerk St Fillan's Church Aberdour l"i-eUrLt- 14
Notes to th¢ Accounts Year ended 31 December 21122 l. Trustees Remuneration and Related Party Transactions Thc Interirn MeratOr and ttvo Trustees reccived reiMbUenI of expenses as follows. No other Trustee received any remunerdlion or reimbursement of expe1 during the year. 2022 2021 Miui5ter Council Tax Telephone and IT Expenses Travel E.¥iseS Travel Expenses Trdvel and OtTice Exse5 Total 3,370 3,272 797 960 Interim Moderator Acting Se5sioll Clerk 960 228 73 631 5,029 2. Movement in Funds Atl January 2022 Ineowing Owtgoing Resources Resources Transfers At31 Derember 2022 21122 21122 2022 Unrostiicted Funds Generdl Fund Designated Fabric Fund Designated Reserve Fund 10,000 35,293 90.832 136,125 66.202 3202 1.223 70.627 73,422 7,152 7,500 5,752 {13,252) 10,280 37,095 Restricted FuDds BetEevolent Fund Church Fund Church Buildings Repair Fund (EB+) Sands & Dncan Tnjsts Capital 80574 126,178 ,877 1,877 38,752 46.701 6.454 93,784 501 276 46.425 6.454 93,1)117 777 229,132 352 229,484 71.404 Special Collections rÈot distributed To¢al Funds 80574 352 80,926 219.962 71.404 219,962 l otal funds at book value of £219.962 reflccts a decTrJse of £9522 over the year. T<knl Fund5 at markd value on 31 December 2022 werc £220.160 (2021 £238.485 ) a deoease of 8Y. se of Unreslricted Funds General Fund WorkTng Capital to maintain Omional ITquidity da), to day- for Ministy and Mission menw utilit bill& salaries and for rolltin¢ fabric maintenance, et¢. Funds set aside for major or urgent repairs of any Church pn)perties beyond the sco of routine fabric maintenancc. Funds sct aside to make foru Destgnated Fabric Fund Dcsi at¢d Reserv¢ Fund ted shortfall of rev¢nue incom¢. $e of Restricted Futtdy Benevolent Fund Money from a legacy attd restrictcd donations given for thc needy poor and ou le of Aberdour. A fund for iEnprov¢mcnts to the ChurcK Churth Hall artd for wot5hip. and for the im rovement or lacement of the Church Orvan. Combination of Le cies receii'cd in ?017. •018 and ?019. These tn]sts wer¢ incorrmirntrd into St Fillan's ac£ounts as Restrict¢d Funds in 2008. Income is credited to the eTt¢ral fund as the ternis of the Trusts. Church Fund Church ljuildin ir Fund5 Sands & DUAL Trusts 15
St Fillan's Church Aberdour Notes to the Account8 (continued) Year ended 31 December 2022 3. Analysis of Regular Donations UBrntriettYl Rtstricted EDdoiTrTrent Funds Funds Funds 2022 2022 2022 Totsil Total 2022 2021 WFO Scheme (non Gift Aid) Gift Aid Donations T&x reLovcred on Gift Aid Donations (individual donations) Ordinary ofrerings {Open Platc) Other monthly offerings 1.293 1293 2.469 36,630 11,631 10,027 10,027 398 4,208 1.214 50,474 398 4208 2.699 l.i70 54,799 50.076 398 4. Anatysis of Payments UtrICted R£%tricted Endowujent Futhls Funds Fullds 2022 2022 2022 Total Total 2022 2021 Cost of Generating Fllnds (WFO Envelopes) 77 Costs of Cbaritable Activiti Ministries and Mission Less endowThcnt income and glebe rent Presbytery Dues Minister s Travelling Expense5 Interim Mod¢Trtor Travelling Expenses Pulpit Supply Salaries including OTWiSt Fees Heating and Lighting Insurance Commercial Waste Disposal (Church Hall) Manse Council T& Church Office= Pb]ltiOn& ink etc. Church oifice.. Officer's expenses Outrcach Organ, Communi0 Equipment Public Pcrforniance and other Licen¢es and Website Fabric Repairs and Maintenance Oihcr expenses Total Costs of Charitable Aclivities 47.820 {5.280) 1.853 960 228 2,883 10,875 2,657 3.729 692 3,370 186 54 577 1,337 745 47.820 42,686 (5,280) (3,713) 1.853 1,893 960 960 228 797 2.883 460 10,875 8.456 2.657 2,642 3.729 3.538 692 640 3,370 3.272 186 266 54 577 1,337 745 492 897 723 7.727 75 7.727 5.385 75 403 80,488 69,797 16
St Fillan's Church Aberdour Iyotes to the Account5 (continued) Year ended 31 December 2022 5. Minister's Stipend All Church of Scotland congregations contributc lo the Natio¥Jal stInd fund which brS the costs of all ministe. stipends and etnplover's contrabutions for national insurnjce and housing loan fund. Ministers stipends are paid in accordance with th¢ nalional stipend scale whtch is rclated to yeaT5 of service. For 202? the minimum stipend was L?8.700 and the maximum stipend aftcr the fifth and subsequent years of service was £35.269. 6. Speclal Retiring Collcctions and Distributions to Third Parties 2022 2021 2021 Advent Appeal- Christian Aid Borehole Ap ?021 Gift Aid reclaimed- Dunfermline F(KMlbank MarLh Retiring Offering'_ Ukraine DEC Lenten Appeal-Afghan Rcfvgee Appeal - Aberdour Refijgee Resident Support Group Harvest Festival - Dunfern]line Foodbank. October Communion - The Cottage Family Centre and Big H(e Proje£t ReMeMbnCe Day Service- Poppy Apal. 2022 Advent Appeal- The Cottage Family Centre and Big H(M)se Project 335 67 540 1.062 427 365 350 709 £0 of the £3.855 was not distributed at 31 December 2022. (2021 £352) 7. Contingent Funds 2J41 Funds held by the Church of Scotland Generdl Trnstets for Fabric purExJses in ditiOn to the Fabric Reserv¢. 2022 2021 Designated Fabric Reserve Copital Alc At Cost At Market Value 17.314 units of the Consolidated Fabric Fund 21.568 26,664 21.568 28,741 Designated Fabric Reserve Revenue Al¢ At l January Income Fabric Expenditur¢ Administrdtion Charges At 31 Deceml*r 3.139 533 {2.334) 4,405 503 (1.769) lJ37 3,139 17