The Church of Scotland Denny Westpark FK6 6NP Trustees, Annual Report and FinancRal Statements for the Year Ended 31 December 2024 Receipts and Payments accounts Congregation Reference No: 221343 Charity No: SC 007072
Denny Westpark Church of Scotland Year ended 31 December 2024 Trustees, Annual Report The Trustees present the annual report and accounts for Dcnny Westpark ChurLh of Scotland for Ihe year ended 31 st December 2024 Referellce and Admill15¢ratlve InfortDation Charity Name". Charity Registration NumlKr: Congrcgation Refcrcncc No.. Iknny Westpark Church of Scotland SC007072 221343 Contaci Addre5S: Trustees Thc TrustLYS of the charity are the members of the Kirk Session (EldeTS). Th05c who scrvcd during the year are Show belo.: Elders: The Twslees note with sadness the death o Until 8 October 2024 ovember 2024
Denny Westpark Church of Scotland Year ended 31 December 2024 Trustees, Annual Report (continued) Referenee athd Administrative InforniAtion (continu Princip41 Olce-be4rers. Minister.. Sthsion Clerk.. ChiirLh Treasiirer-. TnAeDe.ndont F.Ygmine.r Bankers Thc Royal Bank of Scotland. 2 Newmarket Centre FALKIRK FKI IJX
Denny Westpark Church of Scotland Year ended 31 December 2024 Trustees, Annual Report (continued) Structure, Governance and Management Governing Document The Church is administered in accordance with the Unitary Constitution. Rec'rnitmertl undAppoiii¢menl of Tru.slces Members of the Kirk Session are the charity trustees. The Kirk Session rneTnbeTS arc thc Elders of the Church and are chosen frorn those member5 of the Church who arc considcrcd to have the appropriate gifts and ski115. The Minister. who is a member of the Kirk Session, is elected by ihe congregation and inducted by Presbytery. The names of those who served as ts{eeS durirEg the year are shown on page l. OIEanisalional Strncture The Kiik Session is chaired by the Minister, whom failing, the Interim Moderdlor. Certain responsibilities are delegated io the Finance- Propeny. Worship- Youih and Families. Pastoral- and Mission and Discipleship committ¢es, as appropriate. The Kirk Session meets at least 6 times a year and is also resrM)nsible for spiritual affairs within the Church. Objectives and Activities The Church of Scotland is Trinitarian in doctrine, Refomied in tradttion and Presbyterian in polity. It exisls to glorify God and to work for ihe advancement of Christ's Kingdorn throughout the world. As a national Church, it acknowlcdgcs a distinctivc call and duty to bring the ordinanccs of rcligion to Ihe people every parish of Scotland tbrough a territorial ministry. It Co-operates with other Churches in various ecumenical EKKlies in Scotland and beyond. Achievements and Performance The Kirk Session nommlly meeis every second month for oidinary business. Due to a couple of single item agenda meetings, we met eight ttmes during 2024. We continued to be encourdged by the growth of our online comrnunity during 2024 through our presence on YouTube and Facebook with now well over five hundred people who follow whac we post or stream on these plaiforn]s. This allows us lo provide a much more engaging communication platforni for ihose unable to attend worship in person and io also attract those who have previous connection with the church. Nutnbers attending weekly worship in person also continued to remain relatively stable and this year the numbers removed from the roll has been the lowest for a number of years.
Denny Westpark Church of Scotland Year ended 31 December 2024 Trustees, Annual Report (continued) Achievements and Perfornianee {eontittued) Another method of communication is our quarterly magazine which is distributed to all our members and 15 an effective tool in keeping the congregation infornied of various aspects of church lif¢. We continue to look at ways in whi¢h w¢ can grow this fomi of communication as it gives us an opportunity to engage with ihose in our congregation who are not so familiar with iechnology. We were delighied to open our sanctuary during Easter Saturday for a time of peaceful contemplation and this was well received and appreciated by those attending. 2024 also saw us onlinue participaling in joint worship services which is a project to encourage closer relations wiih our other Church of Scotland congregalions in the area. These worked well, wilh an encouraging number of Westpark members atlending all of ihe services throughout the year. This is part of lh¢ work to eventually unite all five local churches into a single parish as set out in the Presbytery plan. Our suite of halls conlinues to see regular daily use for both internal and external groups during year, and we were also delighted to see that our Messy Church events continue to gather strength. These are designed to encourage younger people to engage with ihe church. We held an additional Fun Day during, the summer with a number of children attending. which w&$ a great success. We also continue to provide for the spiritual needs of our congregation through weekly prayer meelings. Bible study and a Faithlife group. During the winter months some of these gTOUPS tneet online and this service is well received by a number of our congregation. Another initiative which has grown is the assistance we give to Netherniains Primary School throug7h members of the congregation who commit time on a weekly basis to support class leachers in different activities within the classroom. It is hoped that this will continue to grow as we engage further with the school pupils. During the winter months we have established a Warni Space Cafe which has been open to both those in our church family and members of the local community. Here folk have been offered a lunch of soup, bread. to Coffee and biscuits in a cosy environment with the opportunity for company and friendship. Jn these challenging times, this venture has been well received by those attending. During the year we had a calendar of events to aid in fijndraising for our General Fund and also partieipaled in retiral offerings at our quarterly Communion services. and on other occasions. in which we supported local, national and iniemationaj ¢aus¢s. We talked last year of ihe challenges to Create a more flexible space within our buildings but, due to Presbytery planning. this has not moved as quickly &$ we would hav¢ hoped. Howev¢r we still hope to see progress in this area in the near future that will see a much Closer working with other local churches which will serve the needs of our local community.
Denny Westpark Church of Scotland Year ended 31 December 2024 Trustees, Annual Report (continued) Financial Review The accounts have been prepared on the Receipts & Payments basis. The principal source of receipts is the weekly offerings of members and donations. In 2024 ihese offerings and donations were £74,185. This represents a decrease of £19.9k on the sam¢ income in 2023 which was £94,049. Total receipts from all sources including receipts for restricted funds amounted to £95.792 (2023: £115.753), a decrease of around £20.0k. The main reason for the drop in income relates to legacies. We received a legacy of £5k in 2024, compared to legacies totalling £23.8k in 2023. We are very grateful for havlng received all of ihe5e legacies, and they have made a material difference to our finan¢es. Taking these out of the equalion. total receipts are broadly slable at £90.8k in 2024 compared to £92.Ok in 2023. Total payments for the year amounted to £97,001 (2023: £94,980), an increase of c £2.Ok. Most of the increase is due to higher fuel costs (£3.5k) and salary costs (£1.5k) offset by lower mainlenance cosls. In the fabric fimd, costs of £12.7k represent gas and electricity costs {£7.2k) plus the loLql of a number of small repairs to the buildings, repairs or replacement of broken equipment and servicing of e.g. boilers (£5.5k). -rhe largest cost was £954 for a repair to the car park to rcsolve a flooding problem, although this was partly offsei by one off donations from the Bowling Club and the Scouls lotalling £500. We are faced with cost of living incre&8es, eciallY fi1 costs as we go fonvards. Careful financial management Continues to be a necessity. The Trustees continue to examine ways to increase income or reduce costs. Reserves Policy The policy of the Truslees is to aim to hold reserves of at least £20,000 ktween the General Fund and the proceeds of the Macrae Bequest 50 that the church can deal with unexpected costs. or lower than expected income. Approximately half will be held in the General Fund to pemiit timely payment of bills. Given the impact of the pandemic. and the ongoing cost of living crisis, reserves are currenily lower than policy. although there are material reserves in ihe fabric and other funds. In order to ameliorate the position. the Trustees have agree to continue to allocate some utility costs to the fabric fund in 2025 and to conlinue to perforni a review of receipts and paymen with the inlention being to gradually re¢oveT our reserves to the level in the lICY.
Denny Westpark Church of Scotland Year ended 31 December 2024 Trustees, Annual Report (continued) Flnanclal ReVIe (contlnued) At Ihc end of the ycar, rcserves of £3.702 {2023: £3,511 I were held in ihosc two funds, which equatcs to lesq than one month'.8 expenditure in ihe gLncral fjmd. In addition a total of £29,495 (2023..£36,700) was held in other unrtsiricted bui designated funds. It is clear thal the church has 8ufficicnt funds to cn5urc that its bills are paid. and th¢ Tr1¢¢$ will cnsurc that whatcvcr stcps arc r¢quired are iaken to ensure Ihai Ihis remains ihe Se. The value of Ihc tnans¢ is illclud¢d iTt th¢ accounts ai £265,000 (2023.. £?65,ODOI- An independent valuation of the manse was undenaken following the upgrading Hork on ihe manse in ?017, and the result of thal valuation has be¢n prudently upded for local markct conditions. In 2024 a legacy of £5,0 was received which is restri¢ted to fimding Ve7 cosls to allow people to attend church in person. We are ver) grat¢ful for ihis ver). appTopriale ojft. Initial procedures are currently being drawn up around how the scheme will work in practice, and we expect to see a pilot implcmcntation in thc Spring of 2025. The Chur¢h also held £20.896 (2023: £15,091) in restricted funds which haN'e been provided for the purposcs spccificd in Notc 2 on pagcs 10-1 l. InvcstTncnts aT¢ hcld as notcd on ihc Statcmcnt of Balances on page 9, including inveslments valued at £154.863 held within the Macrae Bequest pemianenl endowment lld. Statement of Trustees, Responsibilities The Trustees must prepare financial statements whicli givc sufficieni dctail to cnabl¢ an appreeiation of the transactions of the Church during the fmancial y&v. The Trusiees are responsible foi keeping proper accounting records which, on request, musi T¢fl¢ct the financial position of the Church al that time. This rnust done to ensure that the financial ststements comply with the Charities and Trustee Inveslment (Scotland) Act 2005. the Charities Accounts IScotland} Rcgulations ?006 and th¢ R¢gulations An¢nt Congregational Finance approved by the General Assembly of the Church of Scotland in 2007. Th¢y arc also responsible (or safcguarding ihe asse ot'the Church and must take reasonable steps for the PTevention andlor detection of fraud and other irregularities. Date.
Independent Examiner's Report to the Trustees of Denny Westpark Church of Scotland I wport on thc accounts of the charity for thc year endcd 31 Dcccmber 2024 which arc sct out on pages 8 to 14. RespeLIRvv respvnJibilities gf iruslees Ind ex*miner "I"hc ¢haritys trustecs are rcsponsiblc t-or thc prcpardtion of thc accounts in e0r<te with the ternis of thc Chariti¢s and Trust¢e Jnv¢stment Iscotland) Ad 2005 aThl the Charities Accowits (Scoiland) Regulations 2006. The charity trustccs consider that the audit requlrement of Regulation 1011) (d} of thc Accouiits Regulations does nol apply. It is my SponsIbl11ty to exarnine the accounts as required under section 44(1) (c} of the Act and io stste whether particular matters have colne to my attention. Basis of independent eKaminer's statement An examination is carried out in accordance with Regulation I l of the Charities Accounts (Scotland) Regulations 2006_ An examination includes a revie. of the Accounting record4 kq)t by the charity and a comparison of the accounts presented with those recor&8. It also includes consideration of any unusual items or disc105uics in the accounts, and seeks explanations fron] the trustees concerning any such matters. "Ihe procedures undertaken do not provide all the evidence that would be required in an audit. And ConsequtlY I do nol express an audit opinion on the I'iew given by the accounts. Independent examiner's 3tatemeDt In ihe course of my examinatiotL no rnatter has come to my atteDtion: whi¢h giv¢s mc rcasonablc caus¢ to b¢li¢vc that in any rnatcrial rcspcct thc rcquircmcnts.. io keep accouniing records in accordance with Seciion 44 (1 l(a) of ihe 2005 Act and Regulation 4 of the 2006 Accounts Regulations. and to prepare aca)untq which accord with the aCcOnting records and comply WTih Regulation 9 of the 2006 Accounts Regulations have not been mei. or to Whic in my opinion, attention should IK drawn in order to enable a proper understanding of the aCLoiints to bl rLachLd.
Denny Westpark Church of Scotland Receipts and Payments Account Year ended 31 December 2024 U#resirieted RestrȢled Funds Funds Total Total ZlJ24 2024 2024 2023 Receipts Donations Bank & Deposit interest Invcstmcnt income Rental of premiscs: hall Icts Fundraising events Receipls from charitable activities Insurance claim Collection5 for third parties Total Receipts Note 68,982 431 6.258 4,239 1.857 6,833 5.203 711 74,185 1.142 6.258 4.239 1,912 833 94.049 640 5.327 4.789 1,536 6,680 55 1.223 7.192 1,223 95,792 1,622 115.753 88.600 Payments Costs of generating fund5 Charitable activities Governance costs Collections paid out to third parties 255 94,759 600 255 94,923 600 1223 232 92.551 575 1.622 1,223 Total Payments 95,614 1.387 97,001 94,980 Exce55 of Receipt5 over Payments for the year before transfers (7,014) 5.805 (1.209) 20,773 Transfers between funds Exees$ of Receipts over Payments for the year (7.014) 5.805 (1,209) 20,773
Denny Westpark Church of Scotland Statement of Bglances At .11 December 2024 Unrestrlrted Restricted Endowment Funds Funds Funds Totgl 2024 Total 2023 2024 21124 2024 F19nk. Ca%h & Depfjsit Balances Bank, cash & deposit balanccs brought forward 40211 15.091 55J02 34.529 Mfjvement in year: Lxcess of receipts over paynts in ye (7.014) 5.805 (1,209) 20,773 Bank, cash & deposit balances ¢aThied forniard 33.197 20.896 54.093 55,302 Investment5 at market vglue l¢ost £127,628) 18,859 154,863 173,722 164,767 .4ssets Jift Aid Receivable= General Fund Gift Aid Receivable.. Fabric FutKI Mansc al c5timatc of k¢1 valuc 2.653 2.653 181 265,000 267,834 2.987 130 265.OIK> 268.117 265.0(10 267.834 Li#bilities PAYE tax Ministerfs expenses inced but not paid F.lectiicity - one month in arrears Gas - one month in arrears Jndcpcndent cxaminerf5 fee 617 617 104 292 760 5(ATr 112 334 6W 600 2206 292 760 625 2.398 625 2J98 The accounts were approv by the TneeS on l-. rArU41 "IJJI roT and on behdlf of the-l'tustees
Denny Westpark Church of Seotland Notes to the Aecounts for the Year ended 31 December 2024 l. Trustee Remuneration and Related Part), Transactions Dui'iii IIIL VLiir IhL" following iran5actiotLS With Tru5tCCS touk plac¢- who 15 a Trust¢e, re¢eivcd £2,5(H for providiiii, huf SLri Ices as sretary during the Travel and other expense% of £1.56R We p2Éd on behalf" ()1 a Trnstee. In ddTtliill Ft.- ,-IIFTh" p.ITd council tax of£2.418 on behall" ol ¥ a5 niamed in Octobci 2024. TI-:L iiii",, I"j iPdiiiill IL Ill d LO11110 lo pro¥'idL Iwltts ti) thL LuiipIL to celebnie thc evcnl. The amount raised, and spent, was £495. No other Trustee or person related to a Twstee had any personal interest in any contrnd or transaction ¢ntcr¢d into by the ¢harity during thc yyar. No othcr Truste¢s rcccivcd cxpcns¢s. 2. Movements in Funds A¢11 T)ec 2024 Rceeipts PAyme•tS Tr•Dsftrs 2024 Unresirltled (unds Designated Fabric Fund Designated Organ Fund t)esignated eiuild Fund Designated Sunday School Fund Desi¥nal¢d Monday Club Fund Designated Mother and Toddler FutKi" Proceeds of the Macrae Bequest Adapt and Thrive Fund General Fund 27,376 19,335 321 326 581 S69 305 247 501 479 1.540 2.363 1.108 1.598 6.076 6.076 2,403 7?.964 j81.15.3) 2,104 40,211 88.600 (95.614) 33.197 * Church OanisatiOn Funds: Th¢ Irdnsfers from these funds amounted 10 £2,490. Of thi& £2.250 is assessed as in respect of heating and lighting etc. ** Guild pa)Tn¢nts includ¢ £335 for capitation fc¢s and pr¢sbyt¢rY du¢$. £242 for donaiions to Guild projecis and ihe central Guild offering and £342 for speaktT fees and other ¢xp¢nscs, ¥iving a iotal of £919 (2023.. £7161 *** Monday club payThents of £240 represent the cost of tefreshrnenls (2023: £190) 4,633 112.674) 1.617 86 I,8 2,307 5.890 {919) (144) {240) {484) 1640) 1850) { 1.000) {5,400) 7,A90 Restricted funds Flower Fund Minibus Fu1 Travel Fund Benevolvent Fund Third Paty Collections Youth Fund Befri¢nding Fund 132 13.406 93 701 5.000 (114) 14.107 5,000 362 357 1.223 170 (1223) {50) 293 W3 li.091 413 903 20.896 7.192 (1.387) Endowment funds The Macrae Bequest Total funds 5),302 9),792 (97.001) 54,093 10
Denny Westpark Church of Scotland Notes to the Accounts (continued) 2. Movements in Funds (CODtiDued) oses of Desi aled Funds Fabric Fund: The Trustees have set aside funds for the maintenance of the Church propcty. Organ Fund.. Thc Trustccs havc set aside funds for the purchase of music rcsourccs for use in worship. Guild Fund= Thi5 fiEnd represents balances held 2nd administered by the Guild for their activities. Sunday School Fund: The Trustees have set aside funds for use by the Sunday Sch(K)I, and Messy Church. Monday Club: This fund represents balances held and administered by the Monday Club for their activities. Mother and Toddler Fund.. This fund represents balances held and administered by the Mother and Toddlcr Group for their activitics. Proceeds of the Macrae Bequest= Tbis fimd represents income earned on the investments held within the Charitys pemianent endowment fund The Maerde Bcqucst. and associated expenditure and transfers. Adapt and Thrive Fund.. This fund represenls the funds remaining from a grnnl to enhance the buildings. ose5 of Restricted Funds Flower Fund: This is a fvnd to provide flowers for display during services of worship. and to provide flowers to members of the congregation for significani lifc events. Minibus Fund.. This fund represents income from donations and fundraising for the future replacement of the Church minibus. Travcl fund: This fund represents a legacy undw which the fund is reslicted to provide ndS lo help people travel to the church. Third Party Collections Fund: This fund 18 used to track teceipt and disbut5eEnent of retiral offcrings and other collections for charities. Details are shown in note 7. Benevolent Fund.. This nd is availablc foT usc at the discretton of the rninister to help those in the parish who are in need. Third Party Collections Fund: This fund is u5cd lo trdck receipt and disbursement of reliral offerings and other collections for charities. Details are shown in nolc 7. Bcfricnding Fund.. This fund rcpresents income fmm donations and costs of the project to increase befriending in the community. Youth Fund.. This is a fund held for the benefit of ihe youth of the parish funded by a share of the Dennyloanbead church e5tatc. ses of Endowment Funds The Macrde Bequest is a pernianent endowmeni fvnd. Income from the fund is to be uscd for the benefit of the congregation, and is credited to the Proceeds of the Macrde Bequest fund. Since the Bequest became a fund of the charity. the Trusiees of ihe charity also act as Trustees of the Bcquest and make decisions about the use of its income in line with the tern of the original endowment.
Denny Westpark Church of Scotland Notes to the Accounts (continued) 3. Analysis of Donations iinreslritted Restricted Endov4ment Total Total Funds Fund5 Fund$ Funds Funds 2024 2024 2024 2024 2023 WFO Scheme {non Gift Aid) Gifi Aid Donations Tax Recovered on Gift Aid Donatior Ordinary Offerings (Open Plate) Other Offerings. Donations etc Legacies Other 10,321 36,841 12,353 2,917 5,470 10,431 36.841 12J53 2,917 5,563 5,000 1.080 74,185 11.006 36.711 11.705 2,770 7,390 23,766 701 94,049 93 1.080 68,982 i,203 In addition to the above income. the church is enliiled lo endowment income on balances held by the Church of Scotland in the Consolidated Stipend Fund. This income is credited directly by the Church of Scotland against the church's contribution to the Ministry and Mission fund for thc year. The amount credited in 2024 was £46 {2023.. £47). * Ordinary offerings includes £507 for Chwch Organisations (2023- £535) Other offerings and donatioos includes £3.370 for Church Organisations {2023= £3.243) *** Other includes £210 for Life and Work (2023: £294) It also includes £320 for Church Organisation5 (2023= £315). and £495 as a gift to celebrnte the wedding of the minister. 4. Rental of Premises Hall rents Ground rents 3.755 484 4,239 3,755 484 4,239 4,305 484 4,789 5. Fundraising Events Receipts from fundrdising events 1,857 55 1,912 .536 Fundraising events include £350 for Church Organisations (2023: £202) 12
Denny Westyark Church of Scotland Notes to the Accounts (continued) 6. Receipts from Charitable Activities UnTe5tricted Restricted Endowm¢nt Totxl Toial Funds Fund$ 21124 Futtd$ 2024 Funds Funds 2024 2024 2023 Weddings and Funerals Coffee momtngs. teas ctc Conecrts & social cvcnts 200 5.499 981 6.6SO 5,628 1,205 6.833 5,628 1.205 6.833 * Concerts and social events includcs £470 for Church Organisalions (2023.. £275) 7. Analysis of Payment5 Costs of generating funds Offering envelopes 255 255 255 255 232 232 Charitable activities Giving to Grow allocation Prcsbytery dues Minister's expenses Pulpit supply Other staffing costs Fabric repairs & mainlenance Other building costs Church office expense5 Other expenses 49.363 1.461 3,986 49.363 1.461 3,986 600 15,768 6J95 12,206 1,953 3,191 94,923 49.179 ,447 4,112 580 14.320 8,948 8,713 2,499 2,753 92,551 15.768 6.395 12.206 1,953 3,027 94,759 Governance ¢05ts Independent examiner's fees 600 575 Other payments CoRlcctions paid out to third parties 1.223 1.223 1,622 Total Payments 95.614 1.387 97,001 94.980 13
Denny Westpark Church of Scotland Notes to the Accounts (continued) 8. Minister's Stipend All Church of Scotland congregations contribuie io ihe National Stipend Fund which bears the costs of all ministers, stipends and employerfs contributions for national insurdnce, pension and housing and Iodn fund. Minislers, stipends are paid in accordance with the national stipend scale, which is related to years of service. For the year under review the Tninimum stipend was £31.642 and the maximum slipend (in Ihe 5th and subsequent years ofservicc) £38.884. 9. Colleetions for Third Parties 2024 2112J The following amounts were collected during the year for third parties-. Homestart Salvation Am]y Jacob's Vision Tearfund Water Aid TOCH Kith)ey Kids Erskine St Alcxanderf5 foodbank Cyrenians DEC - Ukraine appeal Alzhcimcrs Scotland Hope Hub Poppy Scoiland 320 165 156 144 133 120 95 90 355 220 335 146 130 117 117 58 ,478 1,223 All of the aiM)ve donations have been paid out during the year. 14
The following pages are provided for infornmtion only and do not form part of the financial $tennts
Denny Westpark Church of Scotland Appendix I Trustees of the Macrae Bequest Statement of account for the year ending 31 December 2024 Income Expenditure Dividends on Investmcnts Bank Interesi 5,859 30 5.889 Gcnerdl cxpcnditure Tot31 Expenditure Balance at l January 2024 1.108 Income Total Less transfcr of funds L£ss expenditure 5,889 6.997 (5.400) Balance at 31 Dccember 2024 1.597 Represented by current account 1.597 Number of units Cost of units Investments at tost Church of Scotland Growth Fund Unit price al 31112124 £6.38 12,043 41,789 Church of Scotland Income Fund Unit price ai 31112124 £11.06 7,055 80,004 16
Denny Westpark Church of Scotland Appendix 2 Funds held by the Church of Scotland Cener21 Trustees for the benefit of the congregation Individual fund Purpose: income should be used for youth work 2024 EXPENDABLE Credit balances beld at 31 DeceEnber al cost 226.84 Market value5 of balances at 31 December 226.84 PERMAIYENT ELYDOWMENT Credtt balances held ai 31 December at cosl 2.493.83 Market value of balances at 31 December 2.493.83 Note". This permanent endowment fimd represents Denny Westpark's share of ndS on the winding up of Dennyloanhead Church of Scotland 17