Renfrew North Parish Chureb of Scotland ACCRUED (SORP COMPLIANT) ACCOUNTS Year Ending 31 Dec¢mb¢r 2024 Congregation No: 140782 Scottish Chlrlty No: SC006605
Renfrew Y4orth Parilh Churcb Trustees, R¢port For the year eDdÉng 31 Decejnber 2024 The tru5tee$ present their w)nual report and fmancial ststements of the charity for the year ended 31 December 2023. The financial statements bave been prepared in accordance with th¢ a¢till8 policies set out in note I to the accounts and comply with the G¢neral Assembly Regulations for Congregational Finance, the Charities and Trustee Investsnent (Scotland) Act 2005, the Charities Accounls (S¢ot]8nd) Regulations 2006 (as tmended) and Acwunting and Reporting by Clwities.. Ststement of Recommendcd Pwtic¢ applicable trj charities pr¢paring their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014. Objectiv¢5 and Adivities The Church of Scotland is Trinitarian in do¢trine, Refornied in tradition and Pre$brian in polity. It exists to glorify God and to work for the advancement of Christ's Kingdom throughout the world. As a national Chur¢1 it a¢knowledg¢s a distinctive caIl and duty to bring the ordinances of religion to the people in every parxsh of Scotland through a tenitorial ministy. It Co-operates wlth other Churches in v8rious ecumenical bodies in Scotland and beyond. Services ar¢ held every Sunday at i i.00am with the Sacrament of Conllnunion celebrated on the second Sundays of March, June, September and December, The Socrament of Baptism is administered requested. Family services a Praise Band are held monthly from September lo May. Renfrew North Parish Church has a Junior Church for ages thre¢ up to 18 years, (3-5, 5-8, 8-12, 12-18) which meet during the morning servic4 with the vsrious age groups b¢ing present in church during the first part of the servic¢ from time to tin]e. Youth Organisations within the Ghurch include.. Brownies (Girls aged 8- 10) Guides (Girls aged 11 ~ 14) Boys, Brigade An¢hors (Boys aged 415 - 718) Boys, Brigade Juniors (Boys agea - 1011 I) Boy's Brigade Company Section (Boys aged 10111- 18) The Guild offers an opportunity forfellowship and service, mostly tskenup by thcwomenofthe chur¢h. The Men's Association offers all Opportunity for fellowship and service. mostly taken up by the meo of the chur¢b. The Prayer Group meets quarterly with a regular membersbip, There is a coffee bar Monday, Wednesday, Thursday and Friday for the congregation End the wider community. The "Forget Me Not" café is run for dementia sufferers, carers & conc¢rned parties. The church prenuses are also used on a regular basis by vorious community groups. e.g. (Dance & Drnma. Ladies Choir. Moo Music.) Achievements and Perforniallce Att¢ndance at worship Iw varied throughout the y¢ar, including a good online pres¢we. We ntinUe to visit the new aaS of build in our parish, as and when appropriate. Numbers in youth organisations Ten]ain good. FinaDeial Review The princKpal source of incomc ¢ontinues to be weekly Freewill and monthIy Standing Order OfflSS. A Significant part of income is lithd to Gift Aid. We have 213 Gift Aid donors and 187 members giving by Stsnding Ordcr.
Renfrew North Parish Church TruJt¢e8' Report For the year endlDg 31 December 2024 We continue to actively support our annual income through fund raislng and all ¢vents have been well supported. Th¢ njajority of our known maintsnance costs weie budgeted for and all bills were paid on tirne. InitiatiV¢5 also continue to identify opportimities to reduce dis¢retioJ)ary expenditure. Investment Poliry PerforTrance No material investments aT¢ held. Risk Man8g¢meDt Identifiable risks are: an ageing congregation & futur¢ financial sc¢wity. We are tsckling thcse risks by.'- Supporting expansion of our youth organi70tions e.g. Junior Church, BB, Guides etc. Widening con]munity involvement e.g. Coffee bar etc, Stewardship campaigns within ParislL as appropriate. Reserves Poliey The charity trustees have considered the reserves required and have taken into accouui th¢ir CUTrent and fiiture liabilities. It is the Tntees, policy lo hold reserves of approxitnately four months expenditure including designated funds. At the year end the Church held unrestrict¢d filnds of £51.878 with £8.000 held in Rc3ery¢. The Trustees consider that, bd on both past expetience and anticipated future expenditu, we n¢ed to replenish reserve8 that have been used on necessary building works. The church a]so held £19,678 of Restricted Funds wlii¢h have been provided for the purposes speGified in Note 15. Stru¢ture, Govern2nee and Management The congregation is a registered charity, number SCI)06605 and is 8ilminlsted in accordance with the terms of the Moael Deed of Constitution (or Deed of Constitution (Unitary Forn])) and Is subject to the Acts and Regulations of the General Assembly of th¢ Church of Scotland. Member5 ofthe Kirk Session and the Congregational Board are the Charity trustees. The Kirk Sessionmembers are the elders of the cllurch and are chosen from those members of the chuwh who are considered to have the appTopriate gifts and skikls. The minister, who is a member of th¢ Kirk sessio is elected by th¢ ¢ongrcgatton and inducted by Presbytery. The Congregational Board is appointed from within the congregation and members of the Congregation 8re invited to nominats individua15 who are believed to have the skills ond commiknent to contribute to the management affairs of the Church io become members of the Board. Board Memb¢rs are then appointed at the Ststed Annual Meeting and serve for a period of three years aftcr which they must seek re-election at the next stst¢d Annual Meeting. The consational Board is Chaired by the minister alld meets five times in a year. Certain responsibilities are delegated to th¢ Finance. Propety and Communications Coramittees as appropriaie. The Kirk Session which me¢ts five times a year Is responsible for spiritual affairs within th¢ ¢hur¢h.
Renfrew North ParLqh Chureh Trustrfs, Report For the year endlng 31 Deeember 2024 Referenee and Administratlve Information
PriDCi
l Office-bearers
Scottish Charity Number SC006605 Independent Eiamincr The Kelvin Partnership Ltd. S05 Great Westenj Road Glasgow G12 8HN Bankers Bank of Scotland 2210 Paisley Road West GLASGOW G52 3SJ
Reufrew Nortb Parish Chur¢ Trustees Report For the year endftng 31 De¢emb¢r 2024 Tnjstees, Responslbilities in Relation to the Financial Statements The charity truses are responsible for preparing a trustees, ODnual report and finllncial statements in accordanc¢ with applicable law and UDitsd Kingdom Accounting Slandards (Utiited Kingdom Generally Accept¢d Accounting PTaotice). The law applicable to charities in S¢otland requires the charity trusfres to prepare flliancial stat¢ments for each year which show a trne and fair view of the state of affairs of the eharity and of the ineoming resource5 and application of re50urce4 of the clwity for that period, In preparin8 the financial statements, the trustees are rcquircd to: select suitable a¢eountin8 policies and then apply them COEkgtstently' ob8eTVe the method and principles in the applicable Charities SORP. make judgements alld estimates that are reasonable and prudenL state wh¢th¢r applkcable a¢¢ovnting standards and ststements of Tecomrnended practice have been followe¢ subject to any dep8rtsres disclosed and explained in the financial statements. prepare the fin3ncial ststements On the going concern basis unles5 it is tnapprowiate to presume that the charity Mll Continue ill oFatIonal existence. Th¢ tswtee5 are r¢sponsible for ke¢pins proper accounting r¢cords wbtch dTs¢lose with reasonable accuracy at any tim¢ the fuwncial position of thr rharity and to cnabl¢ them to ¢nsure that the financial Staternts comply ith the ChaTities and TTUSt¢e InvestEnent (Swtland) Act 2005 and the Chariti¢s Acrounts (S¢odand} Regulations 2006 (as amended). They are a]so responsibl¢ for safegtwding the assets of the charity and hen¢¢ for tsking reasonable sleps for the prevention and detectÉon of fraud and other irregularitics. Thc Injstees are responsibl¢ for the maintenance and integrity of the charity and fula] information on the congregation's webytt¢. Legislation io the United Kingdom governing the pr¢pardtion and dissemination of financial statements rnay diff¢r from legislation in othcr jurisdiGtion8. Approved by the Twslees and Signed on their behalf. ate
Renfreiv North Parisb Chureh Indep¢Ddent ExamiDer's Report to tbe Trust¢¢8 For the y¢ar ending 31 December 2024 I r¢port onthe counts of the charity for the year ended 31 December 2024 which are s¢t out on pages 8 to 18. Respeedve responsibilities of trnst¢es #nd examiner The chArity's trustees responsible for the preparation of the accounts in aeeord8rtee with the ternis of the Chatiti¢s and Tnistee Investtnent (Scolland) Act 2005 and th¢ ckWiti Accounts (Scotland) Regulations 2006 (as amend¢d). The chartty t[tee5 consider that the avdit requirement of ReguLation 10(I) (a) to (c) of the Acwunts Re8uiations does not apply. It is my respjnsibility to examine the a¢¢ounts as required under section 44(1) (c) of the Act and to state whether particular matters hav¢ conK to my att¢ntion. Basis of independent examiner'8 Ststement My examination is carTi¢d out in accordano¢ with Regulation I l of the Charities Accounts (Seotland) Regulations 2006 amended). An ¢xaMition includes a review of the accounting records kept by the chlty and a comparison of the accounts present¢d with those records. It also includes consideration of any unusual items or disclosures in the accounts, and secks explanations from the truste¢s concernins any such Dtter8. The PrOdUreS undertaken do not provide all the evidence that would b¢ required in An audil and consequently I do not ¢xpress aa audit opinion on the view given by the accounts. Independent examln¢r's statement In the course of my eXatninatiO no matter has come to my attention which gives me reasonable cause to believe that Èn any Materi respect th¢ requir¢ments: to keep accoutkting r¢¢ords in accordance with Section 44(1) (a) of the 2005 Act and Re8uIation 4 of the 2006 Accounts Regulation5 (&8 amcnd¢d), and to prepare accounts which acco with the accounting records and comply with Regulation 8 of the 2006 Aecoullts Regulations (as amended) have not be¢n el or to which, in my opinion, att¢ntion should be draNvn in Ord to enable a proper understandi of the accounts to be reached. Date: 41412
Renfrew North P&rish Chureh Statement of Finan¢fi#l Activfiti For the year eDding 31 December 2024 Note Unrestrict¢d Funds 2024 Restricted i•npJii Totsi Funds 2023 Funds 2024 Totsl 2024 Income and endowments from: Donations and le acies Charitable activities Other tradin activiti¢s Investments Other Totsl income 123.334 131496 254,830 30 82 128 808 560 560 604 154 176 131,496 285 672 enditure on: Raisin fjjnds Ckwitable artivities Other 110990 127 799 238 789 Totsl ex enditure 110.990 127 799 238 789 Net incomel(expenditure) before ains and losscs on investments 43,186 3,697 46,883 (497) Net gainsl(losses) investments on Net inwmel ex enditure 49 Transfers between Funds 189 Net movement in fimds 45,384 1.508 46,883 (497) al11&1115 Reconcili*ion of funds: Totsl fimds brou t forward Total fLuLds carried forward 14,503 32,673 79,556
Renfrew North Parlsb Church Balance Sheet For the year ending 31 Deeember 2024 Totsl Funds 2024 Total Funds 2023 Note Flx¢d Assets: Tangible Mssets Investsnents Total Fixed Assets 967 1,801 io 967 Current Assets Debtors Cash at bank and in haDd Tot&1 Current Assets li 24,585 68,154 92,739 1.394 36,862 Li2biUde8 Creditors falling due within one year Net Current Assets 12 Creditors falling due after more thAn one year Net Assets The fimds of the chlty.. Restricted income fimds Unrestricted incorn¢ funds 19,678 18,170 Totsl clwity funds 15 79,556 32,673 Session Clerk oii)IFIws Treasurer
Renfrew North Parish Chur¢h Balan¢e Sheet For the year ¢ndlng 31 December 2024 Accountlng Polieies The principal accounting policies. Nvhich have been 8pplied eonsistently in the current ond precethng year in d¢aling with items which are corJsid¢red materiAI to the accounts, are set out below. Basis of pr¢paratlon The financiaI stRt¢ments have been prepared in 8cwrdanc¢ with AUllting and Reportitig by CbarÉties'. ststement of Recornmended Prdctice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard5 applicable in the UK and Republic of Ircland (FRs12) issued on 16 July 2014 and the FiDancial Reporting Standard appli¢abl¢ in the UK and Republic of Ireland (FRSI 02), the Charities and Tte¢ tnv¢stm¢nt (Scotland) Act 2005 and the Charities accounts (Scotland) Regulations 2006 (&8 amended) Fund 8eCOUllting Funds are classified as either restricted fimas or urwestiicted fi, defuled as follows. Restricted fimds are fjjnds subject to specific requirnents as to their use whi¢h m*y be declared by the donor or with their authority or created through legal processes, but still within the wider objects of the charity. Endowment fimds are fijnds whiGh have be¢n given on the condition thatthe original capital sum is not reduc but the incom¢ there from is used for the purpose defined in accordanc¢ with the obj¢ct5 of the charity. Unrestricted funds are expendable at the discretion of the trustees in furtherance of the objects of the charity. If parts of the unrestricted funds are earnarked at the discretion of th¢ trustees for a particular puryose, they are designated as a separate fid. This designation has an admiIustrative purpose only and éoes not legally restrict the trustees, discretion to apply the fjJn¢l tn¢omlng resoure Income 18 r¢¢ognised when the Charity l]as entitlement to the fund& any perforJn8nce conditions attached to the ilem(s) of income have been meL it is probable that the incom¢ 11 be received &nd the amount Can be me8swed reliably. Donated servlces and fa¢ilitieJ Donated professional services and donated facilities 8re recOLsea as income Wh the charity has wntrol ov¢r the Iter any condittons associated with the donated item have been the receipt of economic benefit from the use by the charity of the item is piobabl¢ and that economic benefit can bc measured reliably. In accordance with the Charities SORP (FRS102) the general volunteer ttme of cowe8ation members is not recoEnised. On receipL donated professional services and donated facilities are r¢cognised on the basis of the value of th¢ gift to the charity which is the amount the charlty would have been willing to pay lo obtsin services or facilities of equivalent economi¢ benefit on the open market. a corresponding amount 15 then r¢cognised as expenditure in the period of receipt. Intsrest reeeivable Inter¢st on funds held on deposit is included when tec¢ivable and the amount can be measured reliably by the ¢lwity' this is nornially upon notification of the interest Paid OT payable by the Bank.
ReDfrew North Fgrisb Cbur¢h Balante Sbeet For the year ¢nding 31 D¢eember 2024 Fixed Assets The charity has th¢ right to occupy and use for its ¢haritable objects certain tangible fixed assets, including the Church, halls and llWe, vested in the Church of Scotland G¢n¢ral Trustees. No consideration is payable for the us¢ of these assets. Expenditure incurred on the repair and maintenance of thes¢ assets is charged as resourc¢s expended in the Stat¢m¢trt of Financial Activities in th¢ period in which the liability ari3¢5. All tangible fixed assets costing in excess of £1,000 having a value to the charity greater than one year, other than those acquired for spe¢ifi¢ purposes. are Qapitalised. Depreciation is provided on & straight-line basis to ite off the cost or initial vaiue,1¢s5 residual value, of tangible fixed assets over their estimated useful lives: Fixtures, fittings and offi¢¢ equipmcnt- depreciated over- 3 years Motr)r vehicles - depreciated over- 4 years Illve8tents Fixed asset tnvestments are stated at market value at the bolance sheet date. Uwealksed gains and losses representthe difference between the marketvalue atthe beginning and end of the financial year or, if purchased in tbe year, the diff¢rence between cost alld market value at the ¢nd of the year. Realised gains and losses represent the difference between the proceeds on disposal and the market value at the start of the year or cost if PUTchased in the year. Taxation Renfrew North Parish Church is r¢cogni8ed as a charity for the purposes of applicable tion le8i51ation w)d is therefore not subject to ttioll on its chlble activities. The oharity is not registered for VAT and resources expend¢d therefore include incoverable input VAT.
Renfrew North Parish Chvrcb Balance Sheet For the year endlng 31 December 2024 Not fonning part ofthe Ilnancial 8t*tements Unrestricted Funds 2024 Restricted Funds 2024 Totsl 2024 Totsl 2023 Donations and Lega¢ies Offsrings Tax recovered on Gift Aid Lega¢ies Non-unifonn Organizations Grants Other 83.261 83,261 13,973 26,100 29,773 101,723 78,075 15.061 26,100 29,773 101723 30,339 5.333 123 334 131496 254 830 128 808 Incom¢ from charitable activities Weddings And Funernls Fundraising Events Hail Lets Electsicity Chsrge & H&ll Works Heat our HAIIS Retiring Collections 1.060 1.060 6,724 950 8.119 2,214 Income from other trading activities None Inve8tm¢nt Income Dividends received D¢posit int¢rest 560 560 560 560 604 604 Other Income Recei from Genern] Tnte
ReDfrew Nortb Parish Church Balance Sheet For the yemr ending 31 D¢cember 2024 Notes forniing part of the flnancial 8tatements Unrestricted Funds 2024 Restricted Funds 2024 Totsl 2024 Total 2023 Analysis of Expendituro Raising Fund5 Offering Env¢lopes Other Costs Ch8ritable Actiyities Giving to Grow Allo¢atio Ministers Car Expenses Pul it Supply Presbyt¢ry Dues Heatin & Lighting Council & Ensurance Church OITice Exp¢n Minor Maintenance & R¢ Cleaning Other Ma or Fabric Work D¢preciation Other Ex enditt]re Non Unifornied Orgallisations 69.965 loo 2.124 12.271 8.074 loo 8,422 6.910 4.718 airs 5,614 803 803 684 333 5.353 26,076 110.990 110.990 127.799 127 799 238.789 238 789 Total
Renfr¢iv North Parish Church Balance Sb¢¢t For the year endlng 31 Deeember 2024 Notes fornilDg part of the f8¢181 8tstements 2024 2023 Staff costs and numb¢rs Salaries ftnd w es Social secwi osts Totsl The av¢ e nwnber of em ees durin the car was as follows . 2024 Nutnber 2024 Number Administrdtion Music staff Premises maintenuncc No employe¢ had employee Ixn¢fits in exc¢ss of £50,000 (2024 nil) All Church of slIand congregations contribute to th¢ National Stilld Fund which bears the ¢osts of all ministers, StirndS and employer's contributions for national insurancc, pension and housing and loan fiuKI. Ministers, stipends are pald in aceordance with the natlonal stipend scale, which is related to yeus of s¢rvic¢. For the yw underr¢view themillimum stipend was £27.585 and the M]mUM sttpend (in the fillh and subsequ¢nt years) £33,899. Truste¢ Remuoctatioll and Related Party Transactions Durin8 the year, 5 trustees received reimbursement of expenses incurred, tstslling £ 4,319.44 (Worship Resource4 t¢lephoneJbroadband, iicences. stationery, P&8tornl Care £2,70622 etc) rs, cleaningy Stationery, Events) £707.45 (Events) £254.07 wrea Repairs) £59.35 (Events ) £592.35 £3.OOIJ9 was paid in Council T&x for the Malls¢. No trustee or aperson related to atrustee had any petSOLwI interest in any ContrtortsJnsactlQll ent¢rcd into by the charity during the yeaT.
Rellfr North Parisb Cburch Bance Sheet For the y¢8r ending 31 De¢emb¢r 2024 IW4ot¢s formfing part of the finanelal 5tat¢ments Tangible Fixed Assets OfficL Equipment Buildings Totsl Cost At 1st January 2024 Additions Disposals At 31 Dexember 2024 16,817 1,600 10,817 1,600 18.317 Accumulated Depreciation At 1st January 2024 Charge for year Eliminated on Disposals At 31 Decemb¢r 2024 15,016 2,334 15.016 2,334 17.350 Net Book Value At 31 December 2024 At 31 December 2023 967 967 10, Investm¢nts No Investments have been held at ally tim I l. Debtors 2024 2023 Gift Aid Tax Refijnd Due Hall Lets 13,973 10,612 986 408 12. Creditors 2024 2023 A¢crLthls & Deferred Incoll Trade oreditors 13.790 360 5.990
Renfrew North Parish Church Balance Sheet For the year ending 31 Decemb¢r 2024 Notes forming part of tbe funCI#l ytstements 13. Allalysis of Net Assets Among Funds Gen¢t31 Designated Restricted Endowrynent Total Fixed Assets Investm¢nts Current Assets CutTent Liabilities N¢t Assets at 31 Dec 2024 Net Assets at 31 De¢ 2023 967 967 73,061 14.150 59,878 19,678 92,739 14.150 14. Volunteers In common with au Gongregations of the Chutch of Scotlalld, th¢ congre8Ation benefits from contribution made by voluntecTS who give th¢ir time and tslents Thillingly for the benefit of the ChurGh. Th¢ areas of congregational lrfe which rely on the contribution of volunteets are many and varied and much of the activity would be unable to continu¢ w¢ it not for the ¢ommitrncnt shown. 15. Movement in Funds Atl January 2024 At31 De¢embcr 2024 Incomin8 Resou¢5 Outgoing Resources Transfers Non uniforna Organisations Guild Mens, Association Junior Church Cljristian Aid Coffe¢ Lounge Flower Fund Coffee Bar Forget me Not Pipe Band 1,904 1265 1,533 2,700 1,173 2.199 2,612 1,352 734 3,787 1998 1,854 113 46 113 6.348 2,381 85 8,904 85 18.170 29.773 26,076 Restricted Fun(ts Small Grants Fund 101.723 101,723 General Fund Reserve Fund 154 176 8,000 14.503 8,000 Total funds 285 672 238 789
Renfrew North Parish Chureh Balance Sb¢¢t For tbe year ellding 31 Drtember 2024 Notes forming part of the financial stat¢ments Purposes of EndoNwnent Funds None Putposes of Re5tri¢frd Funds The Non-uniformed Organi5ations exESt to encourage engagement with the Cburch and in their own right as Organisations Purposes of Desi8nated Funds None 16 Collections for Third Parties 2024 2023 Christian Aid Accord H05pice 900 890 1,593 Erskine SEnile Train 375 246 351