CHARITY REGISTRATION NUMBER: SC006738 St Orans Church of Scotland - Connel Parish Unaudited Financial Statements 31 December 2024 IATE RTERE NT Chartered accountants 5 Argyll Square Oban Argyll PA34 4AZ
St Orans Church of Scotland - Connel Parish Flnancial Statements Yearended 31 December 2024 Page Trustees, annual report Independent examinels report to the trustees Receipts & Payments account Statement of balances Notes to the financial statements The following pages do not form part of the financial statements Detailed statement of financial activities 16 Notes to the delailed stalement of financial activities 17
St Orans Church of Scotland - Connel Parish Trustees. Annual Report Year ended 31 December 2024 The tmslees present their report and the unaudited financial statements of the charity for the year ended 31 December 2024. R•fergnco and administrative details Regl$tgr&d charity name St Orans Church of Scottand Connel Parish Charity reglstration number SC006738 Prlnclpal office Sealladh Eile Aehaleven Road Connel PA37 1PF Argyll The trustees Principal Office Bearers Independènt exarniner R A Clement Associates Charlere(I 5 Argyll Square Oban Argyll PA34 4A2 Structure? governance and management Govgrning Document The Church is administered in accordance wrth the Deed of Conslitulion.
St Orans Church of Scotland - Connel Parish Trustees, Annual Report (contlnued) Year ended 31 December 2024 Structure, governance and management Iconllnued) Recruitment and Appointment of Trustees Members of the Kirk Session are the Charitable Trustees. The Kirk Session Members are Elders of the Church and are chosen from those Members of the Church who are considered to have appropriate gifts and skills. Structure In 2012 the Congregations, with the agreement of the Kirk Session and the concurrence of the Presbytery of Argyll adopted the Unitary Conslilulion. This decision removes the need for Congregational Board which has ceased lo exist. The Kirk Session (including co-opted members) is now the sole body responsible for the administration of all affairs of the Church, both spiritual and lempoml. Certain responsibilities are delegated lo commillees which report regularly lo the kirk session. These include Safeguarding, Property and Publications. The Kirk Session is Chaired by the Minister who acts as Moderator for the five formal meetings a year and any other meetings as requi. An Annual Slated meeting ol the Congregation should be held in March to review the work of the previous year. Objectlves and activities The Church of Scotland is Trinilarian in doctrine, reformed in tradition and Presbyterian in police, and exists lo glorify God, lo work for the advancement of Christ's Kingdom throughout the world. and co- operates with other Churches and various ecumenical bodies in Scotland and beyond. Morning Worship al St Oran's Church in Connel is al 10am, Dunbeg Church at 12noon. A house group meets fortnighlly in Connel. A Christmas fair is held in December. A quarterly magazine is produced and delivered throughout the villages and is also made available in the churches, village shops and Doctors's surgery for anyone lo obtain. Achievements and performance Attendance al morning worship In Connel is 20-25 on average, with attendance around 14 in Dunbeg. Special services are held al Easter, Harvest, Remembrance Sunday and Christmas. Four times a year Comrnunion services are held jointly with Dunbeg and monthly joint services are held with Connel, Dunbeg and our link charge Ardchattlan. Members of the congregations are involved as organists, in reading scriptures and in saying prayers. The Worship Group conducts services in both churches when required. Both buildings are used for Weddings, Funerals, Concerts and Musical events. Two playgroups, the Community Council and a Pilales group were held al Dunbeg during 2024 and there was a fundraising gospel concert in St Oran's Church. Christian Aid, Erskine Hospit21 and Water Aid are eharilies we support annually, with collections also taken for different situations such as Ukraine and following natural disaslers. Our Chrislingle service offering supports a local charity such as Homeslart. We also send around 40-50 filled shoe boxes lo Blylhswood charity for their Christmas appeal. Financlal review Our principal source of income comes from Free Will Offerings and Gift Aid and Tax Reclaimed on Gift Aid. Soup lunches have been held monthly in the Village Hall and are not only a good source of income bul has beeome a happy meeting place for folks from surrounding villages. A Christmas Craft Fair, involving stalls and soup lunches, with enjoyable musical entertainment provided by Ioc81 young people, is our annual December fund iaising event.
st Orans Church of Scotland - Connel Parish Trustees, Annual Report reontlnu•d) Year ended 31 December 2024 Flnanclal r•vlew (conllnv Reserves It 13 the Trustees. pollcy lo hold sufficient reserves lo support the level of activity required to m881 Mission objectives. Al the year-end the Church has free reserygs of £21.851 (2023. É24,844.} Numbers of Baptism$ - O Funerals- 6 Weddings- O tle deed8 The Tille Deed of, Dunb8g Church and St Oran's Manse are held locally. The Iru$lees' annual report was approved on trustees by. and signed on behalf of the board of
St Orans Church of Scotland - Connel Parlsh Independent Examlnerfs Report to the Tru8ts98 of St Orans Church of Scolland Connel Parish Year ended 31 Docember 2024 I report lo the trustees on my examination of the financial statements of Sl Oran5 Church of Scotland - Connel Parish Ilhe charity'l for the year ended 31 December 2024. Respon$lbllltlgB and basls Of roport As the trustees of the charity you are responsible for the preparation of the financial slalemenls in accordance with the requirements of the Charities and Trustee Investment (Scollandl Act 200$ Ilhe '2005 Acl'l 8nrl the Charllies Accounts IScc>tlandl Regulations 2006 las amended). You are satisfied thal your charity is not required by charity law lo be auditsd and have chosen instead lo have an Independent examination. I report in respect of my exarninalion of the charity's financièl statements as carried out undei section 4411llel of the 2005 Act. In carrying out my examination I have followed the reouiremenls of Regulation 11 of the Charities Accounts (Scollandl Regulations 2006 las amended). Indepèndonl examin&Vs statement Since th9 charity ha5 prepared ils accounts on an accrLkals basis your examiner must be a member of 8 body lislerj in Regulation 1112101 the Charities Accoun15 (Scollandl Regulations 20(fi las amended}. I can Confirm that l am qualified lo undertake the examination be¢avse l am a registered member of the Insb'lule of Chartered Accountants in England and Wales {ICAEW) which is one ol 11)e listed bodies. I have completed my examination. I conflm) that no matters have come to my attention giving me cause lo believe that in any material respecL' accounting records were not kept as required by section 44llllal of the 2005 Act and Regulation 4 01 the Chadlles Accounts Iscollandl Regulation5 2006 las amended)., or the financial slaterrenls do nol 8c¢ord with Ih05e records; or the financlal Slalements dg not comply with the accounling requirements ol Regulation 8 01 the Charilies AccountE {Scollandl Regulations 2006 las amended). I havè no ¢oncerns and have come aeross no other matters in connection with the examinalion to which all8rylion should be rtr?wn In this Teport in ord8f lo enable a pioper understanding of the gcGounls lo be R A Clemenl Associate5 Chartered Accountants Independent Ex8miner 5 Argyll Square Oban Argyll PA34 4AZ
' St Orans Church of Scotland - Connel Parish Statement of Financial Activities Year ended 31 December 2024 2024 Restricted funds Total lunds 2023 Unreslricled funds Total funds Note Incom? and endowments Donations and legaeiès Charitable activrtieg Investment Income 24,171 8,726 228 24.171 8,726 4,058 47,846 9,446 14.93S 3,830 Total Incom• 33.125 3,830 36,955 72,228 Expgndlture Expenditure on charitable activities 38,262 500 38,762 51.233 Total •xpendlturo 38.262 500 28,762 51,233 Netlgxpenditurelllncome and net 15.1371 3,330 11,807} 20,995 Tran$fer betwe6n funds 2.639 12,6391 Net movement in lunds 12,4981 691 11.8071 20,995 Reconclllatlon of funds Total funds brou9hl lorwarLI Total fund$ carrled forward 39.344 80,163 80.854 119,507 98.512 36,846 117,700 119,507 The statement ol financi81 activities includes all gains and1055es recognised in the year. Al income and expenditure derive from continuing aclivilies. The notes on page8 7 to 14 form part of thesè financlal statements.
St Orans Church of Scotland - Connel Parlsh Statement of Financlal Posltion 31 Dgcember 2024 2024 2023 Note Bank Account8 Balance bff 119,507 98.512 Receipts Payments 36,955 38,762 72,228 57.233 Balance clf 117.700 119.507 Bank and Cash balances M&n current account Chur¢h of Scotland Deposit acUnt Church of Scotland Fabric accounl Church ol Scolland Growth fund Inve8tments at cost 16,576 5,275 80,854 19,778 5.066 79,fj61 15.000 14.995 Total ¢harity funds 14 117.700 119.507 lTrvestmonts held at market value 17,094 647 Other debtors 4.124 2.696 Uabllities at year end Qrdinary creditors 360 380 These financial sialemenls were approved by the board of trustees anol aulhorised for issue on ./and are signed on behalf ol Ihe boaid by.. Th& nc+tes on pag88 T to 14 form part of thp5e flnanclal $tatsm*nts.
. St Orans Church of Scotland - Connel Parish Notes to the Financial Statements Year ended 31 December 2024 General informatlon The charity is a public benefit entity and a registered charity in Scolland and Is unincorporated. The address of Ihe PTincipal office is Sealladh Eile, Achaleven Road, Connel, PA37 1 PF, Argyll. Statement of ¢omplian¢• These financial statements have been preparèd in compliance with FRS 102. 'The Financial Reportlng Standard applicable in the UK and the Republic of Ireland., the Statement ol Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and RepLJblic of Ireland IFRS 1021 (Charities SORP IFRS 10211 and the Charities and Tru$lee Investment Iscolland) Act 2005 and the Charity Accounts (Scotlandl Regulations 2006 las arnendedl. Accounting pollcles Ba818 of preparation The financial slalemenls have been prepared on the hislorieal cost basis, as modified by the revaluation of certain financial assets and liabililies and investment properties measured 8118ir value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the ents'ty. Golng concem There are no maler(al uncertainties about the charity's ability lo continue. Fund accountlng Unrestricted funds are available for use al the discretion of the Iruslees lo further any of the charity's purposes. Designated funds are UnTestri¢led funds earmarked by the Iruslees tor particular lulure project or comrnitmenl. Restricted funds are subjecled lo reslriclions on their expenditure declared by the donor or through the terms DI an appeal and fall into one ol t0 5ub-¢18s5es.' r&51ricled inGome fL¢nds or endowmenl funds.
St Orans Church of Scotland - Connel Parish Notes to the Flnancial Statements (¢onllRued) Year ended 31 December 2024 Accounting policies (eontlnued) Incoming resources All incoming resources are included in the statement ol financial activities when enlillemenl has passed lo the charity", il is probable that the economic benefits associated with the transaction will flow lo the charity and the amount can be reliably measured. The following specific policies are applied lo particular categories of income.. income from donations 01 gwanls is recognised when there is evidence of enlillemenl lo the gfft, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and enlillemenl is est8blished. income from donated goods 15 me8SUTed at the fair value of the goods unless this impractical lo measure reliably, in which case the value is derived from the cost lo the donor or the e51imaled resale value. Donated facilities and services are recognised in the accounts when receive(J if the value can be reliably measured. No amoun15 are included lor the onlribulion of general volunteers. income from contracts for the supply of services Is recognised with the delivery of the Contracte service. This is classified as unre51ricted funds unless there is a conlraclual requirement for il lo be spent on a particular purpose and felurnecl il unspent, in which case it may be regarded as reslricled. Resou9$ expended Expenditure is Tecognisecl on an aceruals basi5 as a liability is incurred. Expendilvre in¢ludes any VAT which cannot be fully recovered, 8nd is classified under hgading5 of the statement ol ftnsncial 8clivilies lo which il relates-. expenditure on raising funds includes the costs of all fundraising aclivilies, events, non- charitable trading aclivilies, and the sale of donated good5. expenditure on charitable activities includes all costs incurred by a charily In undertaking activities that further ils charitable aims for the benelil of its beneficialies, including those support costs and costs relating lo the governance ol the Charity apportioned to ¢h3ritable aclivilies. other expenditure includes all expenditure that is neither related to raising funds forlhe charity nor part of it5 expenditure on Charitable activities All costs are allocated lo expenditure categories rellecling the use Df the resource Dire¢l costs attributable lo a Single activity are allocated directly to Ihal activity. Shared costs are apportioned beeen Ihe aclivilies they contribute to on a reasonable, justifiable and consislenl basis. Invgstmonts Unlisted Èquity Investments are initially recorded al cost. and 5ubsequenlly measured al fair value. If fair value cannot be reliably measured, assets are measUd at cost less impairment. Li51ed investments are measured 81 lair value with changes in fair value being recognised In income or expènditure.
St Orans Church of Scotland - Connel Parish Note5 to thé Financial Statements Year ended 31 December 2024 Accountlng pollcl¢s (eonflnuedj Flnanclal instruments (eontlnued) Impalrnient of flxed assets A review for indicators ol impaim)enl is carried out al each reporting dale, wilh the rgcoverable amount being estimated where such indicators exist. Where the Carrying value exceeds the reGoverable amount. the asset is impaired accordingly. Prior impairments are also reviewed lor possible reversal at each reporting dale. For ihe purposes of impaifmenl tesllng, when it is not possible lo estimate the recoverable amount ol an individual asset, an estimate is made of the recoverable amount ol the cash-generaling unil lo which the asset belongs. The eash-generating unil is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the ¢a5h inflows from other assets or groups of assets. For impaimenl lesling of goodwill. the goodwill acquired in a business combination is. from the aequi5111cin dale, allocated lo each of the cash-generaling units that are expected lo benefit from the synergies of the Combination, irrespective ol whether other assets or liabilities of the eharily are assigned to those units. Flnanclal 5n$trum•nts A financial asset or a fi'nancial liability is recognised only when the charity becomes a party lo the contractual provisions ol the inslrumenl. Basic financial inslruments are Initial reeognised al the amount receivable or payable including any related transaction costs Current 8ssels and current liabilitie5 are Subsequently measured al the cash or other consideration expected lo be paid or receive(J and not discounted. Debt instruments are subsequently measured al amortised cost. here investments in shares ore publicly traded or their fair value can otherwise be measured Teliably, the investment is subsequently measuod al lair value with changes In fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. Other financial inslrumenls, including derivatives, are initially recognised at lair value, unle55 paymenl fc)r an asset is deferred beyond normal business lerms or financed at a rale of Inte51 that is not a market rate, in which case the asset is measured al the present vallfe of the future payments discounted at a market iele of interest for a similar debt inslrumenl. Other financial instruments are subsequently rneasured al fair value. with any changes recognised in the statement of financial aclivilie5, wilh the exception of hedging instruments in a designated hedging relaliorlship. Financial assets that are measured ai cost or amortised cost are reviewed lor objective evidence of impairment at the end of each reporting dale. 11 there is objective evidence of impairment. 8n impairment loss is re¢ognised under the apprgpriale heading In the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of significance. and other financial assets that afe individualty 5ignificanl, these are assessed individually for impairment. Other financial asse15 a either assessed individually or grouped on the basis of similar CTedil risk characlerislics.
St Orans ChurGh of Scotland - Connel Parish Notes to the Financial Statements fconiiftu¢dl Yearended 31 December 2024 Accountlng pollcles l¢onrinued) Flnan¢lal Instruments (contlntsed) Any reversals of impairment are Tecognised immeéiatety, lo the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying 8rnDunl would have beon had the impaimenl not previously been iecognised. Donatlons and legacle8 Unreslricled Funds Reslricled Total Funds Funds 2024 Donatlons Offerings Donations Gift Aid 13,941 4,514 4.716 13,941 4.514 4,716 L•gaclt8 Leg3cies 1,000 1.000 24.171 24,171 10
St Orans Church of Scotland - Connel Parish Notes lo the Financial Statements (contlnued) Year ended 31 December 2024 Donalions and legacles f¢onllnuedJ Unreslricled Funds Reslricled Total Funds Funds 2023 Donatlonty Offerings Donations Gift Ald 19.108 3.148 16.394 19,108 3,646 16.394 500 Legacle8 Le9acies 8,698 8,698 47,346 500 47,846 Charltable activltles Unrestricted Total Funds Unre51ricled Total Funds Fund$ 2024 Funds 2023 Miscellaneous income Hall hire Water rates refunds 7.316 1,410 7.316 1,410 4,215 551 4.680 4,215 551 4,680 8,726 8,726 9,446 9,446 Investment in¢ome Unre5tricled Funds Restricted Total Funds Fvnds 2024 Interest receivable Sale ol inve51menl$ 228 3,830 4,058 228 3,830 4.058 Unrestncled Funds Restricted Total Funds Funds 2023 Interest receivable Sale of investments 22 12,251 2,663 2,685 12,251 12,273 2,663 14,936
' St Orans Church of Scotland - Connel Parish Notes to the Financial Statements (contlnuety) Year ended 31 December 2024 Expendltur8 on charitable activitlgs by fund type Unreslricled Funds Reslricled Total Funds Funds 2024 General activities Support costs 37,662 600 500 38,162 600 38.262 500 38,762 Unreslricled Funds Reslricled Total Funds Funds 2023 General 8clivilies Support costs 50,873 360 50,873 360 51.233 51,233 Expènditure on charitable activities by activlty type Activities undertaken clireclly Support Total lunds CC)sls 2024 Total fund 2023 General activities Governance costs 38,162 38,162 600 50,873 360 600 38,162 600 38,762 51.233 Independvnt oxamlnatlon fees 2024 2023 Fees payable lo the independent examiner for". Independent examination ol the financial slalemenls 360 360 10. Staff costs The average head count of employees during the year was Nil12023". Nil}. No employee received employee benefits of more than £60,000 during the year12023". Nill. 12
St Orans Church of Scotland - Connel Parish Notes to the Flnancial Statements (¢ontlnuodJ Year endod 31 December 2024 11. Trustge remun8ratlon and expens9$ The charity Iruslees, were not paid and did not receive any remuneration, benefits Sn kind or reimbursement of expenses in their capacity as Iruslee during the yeaf. No Iruslee received payment for professional or other services supplied lo the charity. Min18ters stipend All Church of Scotland congiegalions ¢onlribule lo the National Stipend fund which bears the costs ol all minisleers, stipends andemployer's conlribulion5 for national insuranee. pension and housing and loan fund. Ministers, stipends are paid in accordance with the national stipend scale, which is related lo years of service. For the year under review the Minimum Stipend wa5 £31,642 and the maximum Stipend in the 5th Year and subsequent years of service is £38.884. 12. Invtstrnents Other Investments Cost or valuation Al 1 Jan 2024 Additions Fair value movements 647 14.995 1,452 At 31 Dec 20Z4 17.094 Impalrment At l Jan 2024 and 31 Dec 2024 Carrylng amount At 31 Dec 2024 17,094 Al 31 Dec 2023 647 All Investments shown above are held al valuation. 13. Cr8dltors: amounts falling due wlthln one year 2024 2023 Olhor creditors 360 360 13
St Orans Church of Scotland - Connel Parish Notes to the Financial Statements (c¢1{e) Year ended 31 December 2024 14. Analysls of ¢haritable funds Unrestrlcled fLtnd$ Al 3 Jan 2024 At Transfer5 31 Dec 2024 Income Expencliture General funds 39,344 33.125 153.2571 2,639 21,851 Al 1 Jan 2023 At Transfer$ 31 Dec 2023 Income Expenditure Gener21 funds 19,653 69,065 151,2331 1,859 39.344 Restrfctfrd funds Al 1 Jan 2024 At Transfers 31 Dec 2024 Income Expendillire Church of Scotland Fabric Fund Hymn books 79.663 500 3,830 12,6391 eo,854 1500} 15001 80,163 3.830 83,493 At 1 Jan 2023 Al Transfers 31 Dec 2023 Income Expenditure Church of Scotland Fabric Fund Hymn books 78.859 2,663 500 11.8591 79,663 500 78,859 3,163 11,8591 80.163 Church of Scotland Fabrlc Fund The Church Hall was sold in April 2022 lor the sum of £139,740, which as a maller of policy, wa5 held by Ihe Church of Scotland lo cover the costs ot Fabri¢ repairs. In 2023 £60.945 was drawn down to fund repairs lo the Manes rotrl. Each year interest is added lo the fund and arnounls drown down as required lo fund other repairs. Hymn Books A donation of £500 was received lor the purchase of hymn books in the prior year and spent in the current year. 14
St Orans Church of Scotland - Connel Parish Management Information Year ended 31 December 2024 The following pag&5 do not form part of the financlal statements. 15
' St Orans Church of Scotland - Connel Parish Detalled Ststement of Financial Activities Year ended 31 December 2024 2024 2023 In¢om¢ and endowments Oonatlons and legacles Offerings Donations GiftA Legacies 13,941 4.514 4,716 1,000 19,108 3,646 16,394 8.698 24.171 47,846 Charltablg activltles Miscellaneous income Hall hire Watèr rates refunds 7,963 1,410 4.215 551 4,680 9,373 9.446 Invgstment Income Interest receivable Sale of investments 4,058 2,685 12,251 4,058 14,936 Total Income 37,602 72,228 Expenditure Expendllure on charltable actlvities Rates and water Light and heat Repairs and maintenance Insurance Other molorllravel cosls Legal and professional fees Other office cost5 Miscellaneous expenditure Other grant$ Pulpit supply & organist Prestsylery Ministry & Mission Giving to Grow 13,3171 16.5611 15.0601 13,1011 11,0291 16001 11,0861 11,0091 11,0541 13.9151 13.2691 15.8761 12,3831 13,0061 15,2911 13601 11,2751 131 QI 11,3341 12,2801 1430} 114.2291 111,3901 {51,2331 112,0301 138,7621 Total expendlture 138,7621 151,2331 Nel lexpendlturelllncome 11,1601 20,995 16
St'orans Church of Scotland - Connel Parish Notes to the Detalled Statement of Financial Activ Year ended 31 December 2024 2024 2023 Expendlture on charitable aetlvities Goneral actlvltles Actlvldes undert8ken dlrectly Rates Light & Heal Fabrlc expenditure Insurancg Travel expenses Printing & slalionery Miscellaneous expenditure Other grants Pulpit supply 8 organist Presbytery Ministry & Mission Giving lo Grow {3.3171 16.5611 15,0601 13,1011 11,0291 11,0861 11.0091 {1.0541 13,915} 13,2691 15.6761 12,3831 13,0061 15,2911 11,2751 13101 11.3341 12.2801 14301 114,2291 111,3901 150,8731 112,0301 (38,1621 Governance costs Governance eosls - a¢UntaneY fees 1600) 13601 Expendlture on charltable a¢tlvltles {38,7621 151,233) 17