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2024-12-31-accounts

REGISTERED CHARITY NUMBER: SC006777

Report of the Trustees and

Financial Statements for the Year Ended 31 December 2024

for

ST COLUMBA (OLD PARISH) CHURCH OF SCOTLAND, STORNOWAY

Mann Judd Gordon Ltd Chartered Accountants

26 Lewis Street Stornoway Isle of Lewis HS1 2JF

ST COLUMBA (OLD PARISH) CHURCH OF SCOTLAND, STORNOWAY

Contents of the Financial Statements for the Year Ended 31 December 2024

Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Financial Statements 8 to 15
Detailed Statement of Financial Activities 16 to 17

ST COLUMBA (OLD PARISH) CHURCH OF SCOTLAND, STORNOWAY

Report of the Trustees for the Year Ended 31 December 2024

The trustees present their annual report with the financial statements of the charity for the year ended 31 December 2024. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the General Assembly Regulations for Congregational Finance, the Charities and Trustee Investment (Scotland) Act 2005, The Charities Accounts (Scotland) Regulations 2006 (as amended) and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Scotland applicable in the UK and Republic of Ireland on 16 July 2014.

OBJECTIVES AND ACTIVITIES Objectives and aims

The Church of Scotland is Trinitarian in doctrine, reformed in tradition and Presbyterian in polity. It exists to glorify God and to work for the advancement of Christ's Kingdom throughout the world. As a National Church, it acknowledges a distinctive call and duty to bring the ordinances of religion to the people in every parish of Scotland through a territorial ministry. It co-operates with other Churches in various ecumenical bodies in Scotland and beyond.

Significant activities

List of Services and Organisations

Sunday 11am : Family worship with crèche, Sunday school, and Bible Class youth group. (Tea and coffee are often served after the morning service.)

Sunday 6.30pm : Evening worship.

Thursday Evening at 7.30pm : Meeting for Bible Study and Prayer. All welcome.

Saturday evenings, last in the month, 7.30pm : Meeting for prayer focussing on national, world and church-related contemporary issues.

Guild : The Guild meets fortnightly in season providing an opportunity to gather with others for friendship and fellowship.

Other meetings : These invited mid-week speakers from various Christian Organisations, Men's Group; and the Women's Group , Light of Life .

Children and Youth Activities:

Boys' Brigade Girls' Brigade

Communions:

There are two formal communion weekends annually, usually each with a visiting minister, who shares the word. These are held in the third weekend in February and the last weekend in August. In addition there are two informal communions at the Thursday evening service at Easter and early December.

Gaelic

St Columba's is a Category 2 Gaelic charge meaning that there is no requirement for the Minister to be a fluent Gaelic speaker, but the congregation may make provision for preaching in Gaelic.

Brigades

Readers of the accounts should be aware that the finances of the Boys' Brigade and Girls' Brigade are not included because such uniformed organisations have their own constitutions with control exercised elsewhere.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

The Session was encouraged by the continuing loyalty, and support both practical and financial, of members and adherents during the year, with normal congregational life now firmly reestablished after the Covid pandemic. One enduring legacy of the that period has been continuing weekly uploading of our Sunday morning services to Facebook and Youtube. (Search for St Columba's).

During the year, the Session is engaged with Presbytery on a local church review. This has now been completed.

The number on the Roll of Members is presently 114 (31 Dec 2024), with many more attending adherents.

Page 1

ST COLUMBA (OLD PARISH) CHURCH OF SCOTLAND, STORNOWAY

Report of the Trustees for the Year Ended 31 December 2024

FINANCIAL REVIEW

Review of the year

The principle sources of our income are the WFO envelopes, the monthly standing orders and the open plate. The amount of income from this source this year £83,027 (2023 - £81,008).

The Session encourages giving by Bank Standing Order as a time-saving device for those disposed to make use of the facility.

Tax recovered on Gift Aid continues to be a vital contribution to income. Gift Aid is promoted across the congregation for income-tax payers.

Other groups and projects continue to be supported financially by the congregation. The congregation has donated a total of £3,618 to various mission efforts nationally and world-wide in 2024.

Ministries and Mission Contribution

This is paid annually by the congregation to the Church of Scotland. Taken from all non-aid-receiving congregations, these contributions constitute one of The Church of Scotland's main incomes. This figure, calculated by averaging income over the previous three years, appears in the accounts.

Reserves policy

It is the Trustees' policy to hold reserves of approximately six months expenditure including designated funds.

Diligence: property. The Session maintains vigilance on the condition of the church buildings and manse, commissioning repair and maintenance as need arises. In the view of the Session all properties are in good order and fit-for-purpose.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The Congregation is a registered charity, number SC006777 and is administered in accordance with the Unitarian Deed of Constitution and is subject to the Acts and Regulations of the General Assembly of The Church of Scotland.

Recruitment and appointment of new trustees

Members of the Kirk Session are the charity trustees. The Kirk Session members are the elders of the church and are chosen from those members of the church who are considered to have the appropriate gifts and skills. The minister, who is a member of the Kirk Session, is elected by the congregation and inducted by Presbytery. Elders are elected by and from the communicant members of the congregation, are appointed for life (ad vitam aut culpam) as regulated by Act X, 1932. Their number is determined by the Kirk Session. The Minister presides when present but the Session chooses one of its own number to preside if the Minister is absent. The Chair has casting vote only, may not move motions, but may introduce business and speak to it. The court elects a Clerk from its own members, and a Treasurer from among the Congregation's communicant members. It is answerable to Presbytery for censurable or illegal actions.

Organisational structure

The Congregation has a Kirk Session and operates in accordance with its "Church of Scotland Model Constitution". Under this constitution there is one governing body, the Kirk Session, which is responsible for all administrative and ruling matters. The Kirk Session meets regularly throughout the year, bi-monthly or as matters require attention. Session have appointed Assisting Teams, each having a coordinating elder:

Church buildings

The church building, hall and manse are held by the General Trustees of the Church of Scotland and are managed and maintained by the Kirk Session. The charity has the right to occupy and use these buildings for the furtherance of its stated charitable objectives, with no consideration payable in relation to this.

Page 2

ST COLUMBA (OLD PARISH) CHURCH OF SCOTLAND, STORNOWAY

Report of the Trustees for the Year Ended 31 December 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT

Risk management and Safeguarding

The Kirk Session acknowledges its duty to identify and review the risks to which the charity is exposed and to exercise vigilance that provides reasonable assurance against fraud and error.

The Kirk Session also assumes responsibility for ensuring that Church and Manse are fit for purpose and present no danger to the health and safety of office-bearers, worshippers and casual visitors. The Kirk Session has the Safeguarding role in respect of clearing volunteers to work with children and vulnerable adults. Session has appointed Mrs Shona Macleod as Safeguarding Coordinator for the congregation. A congregational Safeguarding Panel comprising the Session Moderator, Presbytery Elder, Safeguarding Coordinator, and two senior members of the congregation is in place to deal with any issues which may arise from time to time.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

SC006777

Principal address

Lewis Street Stornoway Isle of Lewis HS1 2JF

Trustees

Church Treasurer

Independent Examiner

Mann Judd Gordon Ltd Chartered Accountants 26 Lewis Street Stornoway Isle of Lewis HS1 2JF

Bankers

Bank of Scotland 47 Cromwell Street Stornoway Isle of Lewis HS1 2DE

Page 3

ST COLUMBA (OLD PARISH) CHURCH OF SCOTLAND, STORNOWAY

Report of the Trustees for the Year Ended 31 December 2024

Approved by order of the board of trustees on 28 March 2025 and signed on its behalf by:

Page 4

IlldepeDdeDt ExamiDei 5 Repoi't to the Trustee5 of St Columba (Old Paiisb) Chui'rb of Sroilall￿ Siorllo7Yay I report on the accounts for the year etlded 31 Deceniber 2024 set out on pages six to fifteen. Respecilve re$potsslbU5tles of tru$tte$ examllltr The d]atity's ttustees are resptsiisible loi the preparation of the accounts in accordance with the tem)s of the Chatities and Trustee Jnfvesttnent (Scotknid) Aci 2005 ￿ld the Cliatities A¢¢ounis (Scotland) Regulation$ 2006 (as *iiaided). Tjie ¢IMiry'S tsvstees coiisider tliat tlie audii requireiiieiit of Regulatioii 10(I)(a) to (¢) of the Accounts Regulaiions does iiot apply. It is iiiy responsibility io exanine the ac¢ounts as required under Se¢iion 44(1)(c) of the A¢t and to state wh¢th¢r particular matters hak'e ¢oin¢ to my atteiilion. Basls of tbo Indepelldènt èxamlDor's repoi't My exaxi)iiiatioti was carried out in accorthice witli Re8ulation I l of the Charities Accounts (Scotland} Re8ulalions 2(M)6. An exaxi)illatioti iiicludes a rel'ie￿. of the accolltititl8 records kept by tlie charity 2nd a eotnparisoii of the accounts presexited ￿'it11 tliose records. It also includes consideration of any unusu31 itetns or disclosures in the accollnts, and seekixi8 explanalxolls frolli you as tnjslees concen)ill8 any sllch Jnatters. The procedures imdertaken do iiot prokide all tbe ei'idellce that would be required in an audit, atid coiwuellily I do llot express an alldit opinion on the view SI￿en by tlie 8CCOlltIts. Indèpendont èIamlnèi"s statement Ill conlleetion ￿'1th xny ex3minatAoJ4 no n]atter has come to attentloll . (l) which 8iNes me reasonable cause to believe that. Xll any n]aterial respect: the require￿entS to keep accollntill8 records in accordallce with Sectioll 44(l)(a) of tbe 2005 Act and Re8ulation 4 of the 2006 Acco]￿ts Resulations: alld to pIepare accollllts ￿hle￿ aecord with tlLe accoulltin8 records alld to con)ply witb Resthation 8 of the 2006 Accoullts Resulations hai"e llot been met.. or (2) to ￿hle￿￿ in Opinio￿ attention sI￿uld be drawn in order to enable a proper Und￿Sta￿dIng of the accounts to be reached. Tli¢ 1s1>iilul¢ ol Lli£U"i¢i¢d A¥¥owiiants of S¢otland Mawi Judd Gordon Ltd Chartered Accountants 26 Lewis Street Stoniom'ay Isle of Lewis HSI 2JF 28 March 2025 Page 5

ST COLUMBA (OLD PARISH) CHURCH OF SCOTLAND, STORNOWAY

Statement of Financial Activities for the Year Ended 31 December 2024

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
98,257
Charitable activities
5
Charitable activities
3,720
Other trading activities
3
4,301
Investment income
4
-
Total
106,278
EXPENDITURE ON
Raising funds
194
Charitable activities
6
Charitable activities
97,498
Total
97,692
NET INCOME
8,586
Transfers between funds
13
(1,200)
Net movement in funds
7,386
RECONCILIATION OF FUNDS
Total funds brought forward
70,263
TOTAL FUNDS CARRIED FORWARD
77,649		 Restricted
funds
£
19,813
-
-
-
19,813
-
5,997
5,997
13,816
1,200
15,016
5,167
20,183		 31.12.24
31.12.23
Total
Total
funds
funds
£
£
118,070
109,330
3,720
2,940
4,301
4,424
-
15
126,091
116,709
194
202
103,495
97,142
103,689
97,344
22,402
19,365
-
-
22,402
19,365
75,430
56,065
97,832
75,430

The notes form part of these financial statements

Page 6

ST COLUMBA (OLD PARISH) CHURCH OF SCOTLAND, STORNOWAY

Balance Sheet 31 December 2024

31.12.24 31.12.23
Unrestricted Restricted Total Total
funds funds funds funds
Notes £ £ £ £
CURRENT ASSETS
Debtors 11 10,511 1,341 11,852 11,725
Cash at bank 67,978 18,842 86,820 69,287
78,489 20,183 98,672 81,012
CREDITORS
Amounts falling due within one year 12 (840) - (840) (5,582)
NET CURRENT ASSETS 77,649 20,183 97,832 75,430
TOTAL ASSETS LESS CURRENT
LIABILITIES 77,649 20,183 97,832 75,430
NET ASSETS 77,649 20,183 97,832 75,430
FUNDS 13
Unrestricted funds 77,649 70,263
Restricted funds 20,183 5,167
TOTAL FUNDS 97,832 75,430

The financial statements were approved by the Board of Trustees and authorised for issue on 28 March 2025 and were signed on its behalf by:

The notes form part of these financial statements

Page 7

ST COLUMBA (OLD PARISH) CHURCH OF SCOTLAND, STORNOWAY

Notes to the Financial Statements for the Year Ended 31 December 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities and Trustee Investment (Scotland) Act 2005. The financial statements have been prepared under the historical cost convention.

The accounts are prepared on a Fully Accrued basis.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

St Columba's (Old Parish) Church is recognised as a charity for the purposes of applicable taxation legislation and is therefore not subject to taxation on its charitable activities. The charity is not registered for VAT and resources expended therefore include irrecoverable input VAT.

Fund accounting

Funds are classified as either restricted funds or unrestricted funds, defined as follows:

2. DONATIONS AND LEGACIES

Offerings and donations
Gift aid
Legacies
Special collections
Other income		 31.12.24
£
104,355
11,911
-
508
1,296
118,070		 31.12.23
£
95,157
11,686
1,500
-
987
109,330

continued...

Page 8

ST COLUMBA (OLD PARISH) CHURCH OF SCOTLAND, STORNOWAY

Notes to the Financial Statements - continued for the Year Ended 31 December 2024

3.
OTHER TRADING ACTIVITIES
Audio & book income
Life & Work magazines
Use of premises
4.
INVESTMENT INCOME
Bank account interest
5.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Weddings, baptisms &
funerals
Charitable activities
6.
CHARITABLE ACTIVITIES COSTS
Charitable activities
7.
DIRECT COSTS OF CHARITABLE ACTIVITIES
Giving To Grow
Presbytery dues
Minister's expenses
Pulpit supply
Fabric repairs and expenses
Council tax and insurance
Heat and light
Computer & IT supplies
Stationery, postage & telephone
Photocopier costs
Organ & music
Books & magazines
Outreach
Donations
Loan Interest
Sunday School expenses
The Guild expenses
Other costs		 Direct
Costs (see
note 7)
£
102,595		 31.12.24
£
374
139
3,788
4,301
31.12.24
£
-
31.12.24
£
3,720
Support
costs
£
900
31.12.24
£
52,125
982
1,151
3,493
9,496
5,487
10,250
432
2,844
2,995
2,610
315
2,695
3,618
-
334
3,431
337
102,595		 31.12.23
£
250
174
4,000
4,424
31.12.23
£
15
31.12.23
£
2,940
Totals
£
103,495
31.12.23
£
50,390
1,114
1,082
2,029
15,045
5,762
4,358
75
2,265
2,766
783
243
-
4,500
2,000
147
2,757
938
96,254

Donations paid comprise of the following:

continued...

Page 9

ST COLUMBA (OLD PARISH) CHURCH OF SCOTLAND, STORNOWAY

Notes to the Financial Statements - continued for the Year Ended 31 December 2024

7. DIRECT COSTS OF CHARITABLE ACTIVITIES - continued

Organisation
WEC International
Slavic Gospel Mission
Highland Theological College
Steadfast Global
Salvation Army
Donations paid from The Guild fund
SIM International (Hepburn family support)
Dr Iain Hepburn
Mr Peter Maclean
The Gambia Partnership
Safe Families
Tearfund (Ukraine)
Muriel Macleod (Cambodia)
Faith Mission
Blythswood (Charlie Nicolson)
Martin & Joyce Campbell
Distribution of Hebrew Scriptures
India Village Ministries
Mercy Ships (Laura Ann Macleod)
Open Air Mission
EMF
Alzheimers Research UK		 2024
£
100
225
285
100
100
-
1,000
-
-
-
100
-
-
100
-
600
100
100
100
100
100
508
3,618		 2023
£
-
-
-
-
100
900
200
100
100
100
100
1,100
100
100
100
700
-
-
-
-
-
-
4,500

8. TRUSTEES' REMUNERATION AND BENEFITS

During the year , who is a member of the Kirk Session, received £500 (2023 - £160) for pulpit supply.

During the year , who is a member of the Kirk Session, received £NIL (2023 - £120) for pulpit supply.

During the year , who is a member of the Kirk Session, received £432 (2023 - £234) for reimbursed expenses.

Trustees' expenses

These are noted in the above statement.

continued...

Page 10

ST COLUMBA (OLD PARISH) CHURCH OF SCOTLAND, STORNOWAY

Notes to the Financial Statements - continued for the Year Ended 31 December 2024

9. STAFF COSTS

Church of Scotland stipend policy

All Church of Scotland congregations contribute to the National Stipend Fund which bears the costs of all ministers' stipends and employers' contributions for national insurance, pension and housing and loan fund. Ministers' stipends are paid in accordance with the national stipend scale, which is related to years of service. For the year under review the minimum stipend was £31,642 (2023 - £30,135) and the maximum stipend in 5th and subsequent years of service was £38,884 (2023 - £37,032).

High paid staff

No employees are paid in excess of £60,000 (2023 - none).

10.

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
97,942
Charitable activities
Charitable activities
2,940
Other trading activities
4,424
Investment income
15
Total
105,321
EXPENDITURE ON
Raising funds
202
Charitable activities
Charitable activities
83,258
Total
83,460
NET INCOME/(EXPENDITURE)
21,861
Transfers between funds
(1,200)
Net movement in funds
20,661
RECONCILIATION OF FUNDS
Total funds brought forward
49,602
TOTAL FUNDS CARRIED FORWARD
70,263		 Restricted
funds
£
11,388
-
-
-
11,388
-
13,884
13,884
(2,496)
1,200
(1,296)
6,463
5,167		 Total
funds
£
109,330
2,940
4,424
15
116,709
202
97,142
97,344
19,365
-
19,365
56,065
75,430

continued...

Page 11

ST COLUMBA (OLD PARISH) CHURCH OF SCOTLAND, STORNOWAY

Notes to the Financial Statements - continued for the Year Ended 31 December 2024

11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24 31.12.23
£ £
Other debtors - 690
Gift aid debtor 11,852 11,035
11,852 11,725
12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£ £
Accrued expenses 840 5,582
13. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1.1.24 in funds funds 31.12.24
£ £ £ £
Unrestricted funds
General Fund 69,110 8,986 (1,200) 76,896
Designated - Sunday School Fund 280 (209) - 71
Designated - The Guild Fund 873 (191) - 682
70,263 8,586 (1,200) 77,649
Restricted funds
Restricted General Fund 3,582 4,677 1,200 9,459
Restricted Fabric Projects Fund 1,585 9,139 - 10,724
5,167 13,816 1,200 20,183
TOTAL FUNDS 75,430 22,402 - 97,832

Net movement in funds, included in the above are as follows:

Unrestricted funds
General Fund
Designated - Sunday School Fund
Designated - The Guild Fund
Restricted funds
Restricted General Fund
Restricted Fabric Projects Fund
TOTAL FUNDS		 Incoming
resources
£
102,913
125
3,240
106,278
9,390
10,423
19,813
126,091		 Resources
Movement
expended
in funds
£
£
(93,927)
8,986
(334)
(209)
(3,431)
(191)
(97,692)
8,586
(4,713)
4,677
(1,284)
9,139
(5,997)
13,816
(103,689)
22,402

continued...

Page 12

ST COLUMBA (OLD PARISH) CHURCH OF SCOTLAND, STORNOWAY

Notes to the Financial Statements - continued for the Year Ended 31 December 2024

13. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net Transfers
movement between At
At 1.1.23 in funds funds 31.12.23
£ £ £ £
Unrestricted funds
General Fund 48,069 22,241 (1,200) 69,110
Designated - Sunday School Fund 249 31 - 280
Designated - The Guild Fund 1,284 (411) - 873
49,602 21,861 (1,200) 70,263
Restricted funds
Restricted General Fund 1,177 1,205 1,200 3,582
Restricted Fabric Projects Fund 5,286 (3,701) - 1,585
6,463 (2,496) 1,200 5,167
TOTAL FUNDS 56,065 19,365 - 75,430
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General Fund
Designated - Sunday School Fund
Designated - The Guild Fund
Restricted funds
Restricted General Fund
Restricted Fabric Projects Fund
TOTAL FUNDS		 Incoming
resources
£
101,497
178
3,646
105,321
3,505
7,883
11,388
116,709		 Resources
Movement
expended
in funds
£
£
(79,256)
22,241
(147)
31
(4,057)
(411)
(83,460)
21,861
(2,300)
1,205
(11,584)
(3,701)
(13,884)
(2,496)
(97,344)
19,365

continued...

Page 13

ST COLUMBA (OLD PARISH) CHURCH OF SCOTLAND, STORNOWAY

Notes to the Financial Statements - continued for the Year Ended 31 December 2024

13. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Net Transfers
movement between At
At 1.1.23 in funds funds 31.12.24
£ £ £ £
Unrestricted funds
General Fund 48,069 31,227 (2,400) 76,896
Designated - Sunday School Fund 249 (178) - 71
Designated - The Guild Fund 1,284 (602) - 682
49,602 30,447 (2,400) 77,649
Restricted funds
Restricted General Fund 1,177 5,882 2,400 9,459
Restricted Fabric Projects Fund 5,286 5,438 - 10,724
6,463 11,320 2,400 20,183
TOTAL FUNDS 56,065 41,767 - 97,832

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General Fund
Designated - Sunday School Fund
Designated - The Guild Fund
Restricted funds
Restricted General Fund
Restricted Fabric Projects Fund
TOTAL FUNDS		 Incoming
resources
£
204,410
303
6,886
211,599
12,895
18,306
31,201
242,800		 Resources
Movement
expended
in funds
£
£
(173,183)
31,227
(481)
(178)
(7,488)
(602)
(181,152)
30,447
(7,013)
5,882
(12,868)
5,438
(19,881)
11,320
(201,033)
41,767

Purpose of funds

Designated Funds - Sunday School and The Guild: Funds held by and administered by these congregational organisations.

Restricted General Fund - This fund is used to account for income and expenditure for specific projects. There were no such funds held at the year-end.

continued...

Page 14

ST COLUMBA (OLD PARISH) CHURCH OF SCOTLAND, STORNOWAY

Notes to the Financial Statements - continued for the Year Ended 31 December 2024

14. RELATED PARTY DISCLOSURES

Related party transactions are listed in the "Trustees' remuneration and benefits" note.

Page 15

ST COLUMBA (OLD PARISH) CHURCH OF SCOTLAND, STORNOWAY

Detailed Statement of Financial Activities for the Year Ended 31 December 2024

31.12.24 31.12.23
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
INCOME AND ENDOWMENTS
Donations and legacies
Offerings and donations 86,391 17,964 104,355 95,157
Gift aid 10,570 1,341 11,911 11,686
Legacies - - - 1,500
Special collections - 508 508 -
Other income 1,296 - 1,296 987
98,257 19,813 118,070 109,330
Other trading activities
Audio & book income 374 - 374 250
Life & Work magazines 139 - 139 174
Use of premises 3,788 - 3,788 4,000
4,301 - 4,301 4,424
Investment income
Bank account interest - - - 15
Charitable activities
Weddings, baptisms & funerals 3,720 - 3,720 2,940
Total incoming resources 106,278 19,813 126,091 116,709
EXPENDITURE
Raising donations and legacies
Freewill offering envelopes 194 - 194 202
Charitable activities
Giving To Grow 52,125 - 52,125 50,390
Presbytery dues 982 - 982 1,114
Minister's expenses 1,151 - 1,151 1,082
Pulpit supply 3,493 - 3,493 2,029
Fabric repairs and expenses 8,212 1,284 9,496 15,045
Council tax and insurance 5,487 - 5,487 5,762
Heat and light 10,250 - 10,250 4,358
Computer & IT supplies 432 - 432 75
Stationery, postage & telephone 2,844 - 2,844 2,265
Photocopier costs 2,995 - 2,995 2,766
Organ & music 2,610 - 2,610 783
Books & magazines 315 - 315 243
Outreach - 2,695 2,695 -
Donations 1,600 2,018 3,618 4,500
Carried forward 92,496 5,997 98,493 90,412

This page does not form part of the statutory financial statements

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ST COLUMBA (OLD PARISH) CHURCH OF SCOTLAND, STORNOWAY

Detailed Statement of Financial Activities for the Year Ended 31 December 2024

31.12.24 31.12.23
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
Charitable activities
Brought forward 92,496 5,997 98,493 90,412
Loan Interest - - - 2,000
Sunday School expenses 334 - 334 147
The Guild expenses 3,431 - 3,431 2,757
Other costs 337 - 337 938
96,598 5,997 102,595 96,254
Support costs
Governance costs
Accountancy and legal fees 900 - 900 888
Total resources expended 97,692 5,997 103,689 97,344
Net income 8,586 13,816 22,402 19,365

This page does not form part of the statutory financial statements

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