ST MARGARET'S COMMUNITY
CHURCH OF SCOTLAND
CONGREGATIONAL ACCOUNrs
FOR THE YEAR ENDED 31 DECEMBER 2024
Congregation No: 241463
Charity No= SC007080

ST MARGARET'S coM￿[uNITY CHURCH OF SCOTLAND
CONGREGATIONAL ACCOUNTS
AS AT 31 DECEMBER 2024
Referenee and Administrative Information
Charity Name:
St Margarevs Con]munity Church of Scotlan& Dunferniline
Charity R¢gistration Numbcr. SC007080
Congregation Referenc¢ No.. 241461
Contact Address:
Trustees
Honorary Elders
In accordancc witb a decision of thc KiTk Session dated 2° March 2016,
and in accordance with Standing order5, thc following members ofthe
Kirk Session arc on thc I lonoran, F.IdeT% rolc".

ST MARGARET'S COMMUNrrY CHURCH OF SCOTLA]YD
CONGRFGATKONAL ACCOUNTS
AS AT 31 DECEMBER 2024
Principal oifice Bearers
Minister
Reader
8e%sion Clctk
Assistant Session Cle
Trcasurer
Independent EXa￿lTher
Ilankers
Bank of Scotland
Botbivell Street
DunfcnnlTne
KYEI 3AG
Bo()k-k'eeper

ST MARGARET'S COMMUNITY CIIURCH OF SCOTLAJND
CONGREGATIONAL ACCOUNTS
AS AT 31 DECEMBER 2024
Trustees, Annual Report
Year ended 31 December 2024
Structure, Governance and Management
Governing Document
The Church is a registered charity. number SC007080. and is administcr¢d in accordance with the
tenns of the Church of Scotland Unitary Deed of Constitution.
Recruitment and Appointment of Trnstees
Members of the Kirk Session are tbe cknity tn￿ees. The Kirk Session members the Elders of
the church and are chosen from those mejnbers 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.
OrgaDisational Structure
Th¢ Minist¢r is th¢ Modcrator of the Kirk Session which Tne¢ts 25 required but on a regular basis
fouT limes per annum. The Kirk Session is the governing body of the church. An Executive
Committee comprising the Moderator. The Session CleTL the Depute Session CleTk and the
Outreach Worker along with the Conven￿3 of the Forutns and Con]mittecs meets as and when
required.
Objectives and Activities
The Church of Scotland is TrinIt￿lan in doctrine. Refornied in tradition and Pr¢sbyteriall in
polity. It exists to gloTify God and to work for the advancement of Christ's Kingdom throu¢yhout
the world. As a national Churcb, it acknowledges a distinctive call and duty to bring the
ordinances of religioTh to the people in every parish of Scotland through a territorial ministy. It co.
operates with other Churches in various ecumenical bodies in Scotland and beyon(L

ST MARGARET'S COM￿[u￿Ty CHURCH OF SCOTLAND
CONGREGATIONAL ACCOUNTS
AS AT 31 DECEIMBER 2024
Trustees, Annual Report (cont}
Year ended 31 December 2024
Achievements and Performance
Following thc rcvicw of the nature of the Kirk Session in 2023. The Mission Action Plan was
revised to take account of the changes in the shape of the Kirk Session and the various
Committees and Fornn]s have been operating L5 envisage(L
The Minister and Elders are operating a team ministry of leadership. oversight and Spiritual
guidance in and out with the congregatio
2024 was a taxing year for the whole Church as it has sougbt nationally to put into effect its plan
for action to address decline in both numb¢rs and Ministers of word and sacrdment. In St
Margaret's we have tried to address the decline by actively supporting our community through the
Touch Trnst and to a large extent this has been very successful.
The Church is a busy place every single day of the week wbere we see people from the local
cornrnunity coming in significant numbers to avail themselves of si￿lFicant and life-changing
services that are on offer. This. througb the Touch Tn￿¢ is something that needs to continue and
will be supported by the Kirk Session.
The Touch TTUSL with a full-ttme Icadcr and part time workets. continues with its wide range of
activities including the organisation of an out of school club and ha5 been bighly commended by
Presbytery's Mission Director &$ one of the outstanding outreach projects in Fife.
The Kirk Session has seen a decline in numbers and decided to Seek.￿eW blood" and are
dclightcd that five new Elders will be ordained in January and two othcr Elders, already ordained.
will be welcomed by the Kirk Session.
Services have been well attended throughout the year and work with young people on a
Sunday Evening continues io be well and well attended through "Let's Connect"
None of the good things that go on every week in the Churcb would be possible without the
goodwill and conlmittnent of so many of our members. The next stage in our development is to
f￿d funding for a "link" person belween the Trnst and all that it does and the Kirk Session and
Congregation and try to begin the process of "integration" between what happens duting the week
and getting pcoplc into mission and discipleship.

ST MARGARET'S COMMtrNITY CHURCH OF SCOTLAND
CONGREGATIONAL ACCOUNTS
AS AT 31 DECEMBER 2024
Trustees, Annual Report (cont)
Year ended 31 December 2024
We have gained new friends in the forni of the"Winner"s Churclj" who meet at the same time &s
ourselves for worship in tbe upstaits hall. It is go(MJ to have this cmswultural experience.
Discussions with th¢ North Church and St Ninian's Church. although appaThtly positiv¢ at the
outset. have not progresscd &$ hoped and no real progr￿ b¢eT] made.
Finally, the Minister has indicated his intention to retire (age 71) at the end of January 2025. It
has. for him, been a long and happy association with St Margaret's and indee<l for over foty
years With th¢ Church of Scotlan¢L It is time thouJo to retire aud move on and for St Margaret's to
seek a new pastor- 2025 will be an interesting year.
Financial Review
Total income was boosted this year by two18rge grdnts received, £25.893 frorn the Church of
Scotland for renovations to the mans¢ and £IO.000 from Fife Presbytery for mission work through
Touch Trust. Excluding these grant monies, income decreascd 31/bo to £92,096 for the year (?023
£95,428). The main sour¢e of income continues to be the General Fund weekly offerings 2nd
monthly standing orders and related Gift Aid tax. This income has fallen slightly for the ycar to
£58,269 (2023 £65,138) as our Gift Aid elairns are now back on a regular basis (last yearfs figures
contained a backlog). Despite the small drop in donations shown above we increased rental
income from use of the church halls to £9,648 (2023 £7.256). We al￿ bad a variety of successful
fundraising events which raised £21,060 (2023 £20,175).
Total expenditure incteascd to £149,546 (up 75 /0 on 2023 £85,347). The most significant
increases were in our Giving to Grow contribution of £45.406 (2023 £26.326). our H¢At & Light
expendittwe of £13.614 (2023 £4,892) and the Manse Fabric expenses of £30.427 (2023 £2.004).
The net result is a decre￿ in funds of £21,557 (2023 incre&s¢ £10,081) over the year to £10,858.
Note 8 shows the movement for each fund An detail.

ST MARGARET'S commu￿]Ty CHURCH OF SCOTL.4ND
CONGREGATIONAL ACCOUNTS
AS AT 31 D£CEMBLR 2024
Trustees, Annual Report (cont)
Year ended 31 December 2024
Reserves Policy
The "fnLrtee's policy is to ini'est, a5 far as possiblc. funds in the Church of Scodand Deposit and
Incomc Invcstment funds. As at 3 1st December. inNest￿ents held IMVC a tnarket Viilue ot £54,725
(2023 £54,2JO). These investm¢nts arc designatcd bctH'e¢n the Kirk Sesgion Leg¥¢Ly Fun￿ the
Fabric Fund and the Mission Fund as showu in notc 8 to the accollnt%.
The Trnstee5 revi¢w thc financial ￿SitIon rcgularly and are satisficd that the fund5 hcl¢ togcther
with the investments nolcd a￿Ve. are suffici¢nt to mcct any Unfo￿￿een financial requirements
over a six month period. Al the end the Church held unr¢stridcd cash tijnds of £6,648. The
funds held represent the various flmds as shown in note 8 to the accounts.
The Trustees have asscssed the major risks to ivhich the Church is cxposed and are 8ati%fied that
tht syslerns in place are adequate to ftnttigate against exposure to auy n]ajor risks and that thc
ongoiIig sustainability of the CTrurch is assured.
Statement of Trustees, Responsibilities
The Jncmbcts of thc Kirk Session must prcpurc financial statcmcnts which givc sutTicient detail to
cnable all appreciation of the tsatjsactions ofthe Church during the finall¢ial ycar.
The members of the Kirk s￿l0n are responsil)Ic for keeping proper acGounting TecoTds which,
on request, must refiect the fllwicial position of the Churcb ar that time. This M￿$t bc donc to
ellS￿e that tbe financia] statements comply with the Charities and Trustee Investment (Scoiland)
Act 2005, the Charities AccounL% (Scotland) ReLnllation$ 2(M)6 and the Regulatinns Anent
Congregational Finance appro￿ed by the Gener￿ AsSe￿blY of the Church of Scotland in 2007.
Th¥y atc also re5wnsible for safeguarding the assets of the Church and must take reasonable stcps
for the prcv¢ntion an(Vvr dLl¢ction orrraud and other irregularities.
The TnL8tees' Rewrt was approvcd by the Trust￿$ and signcd on their behalt,

ST MARCARETIS COMNIUNITY CHURCII OF SCOTLAND
coriGREGATIONAL ACCOUNTS
-4S AT 31 DECEMBER 2024
Independent Exanjiner's Report to the Trustees of St Margaret's Community
Church of Scotland
I rcFKJrt on the accounts of the ¢barily for the year ended 31 December 2024 ivhich are set out on pages
9tol6.
Respective responsibilities of trnstees and examiner
The charity's trustees are reswn.sible for the PTeparation of th¢ accounts in a(Lordancc with the ternis
of the Charitics and Trustee Investment (Scotland) Act 2005 and the Lharities Accounts (Scotland)
Rcgldations 2006 (as amended).
The chatity trustees consider that the audit requircment of Regulation 10{1) (d) of the Accounts
Regulations does not apply. It is my rcsponsibiltty to examine the accounts as rquwed under sectiol)
44{1) (c) of the Act and to slate whether particular matteTS have come 10 my attcntion.
B2515 of independent examiner'5 statement
My exatnination LS &imcd out ￿ accoTddnce with Regulation I l of the Charities Acc(Amts (Scotland)
Regulalions 2006 (as amended). An cxattkinatioll includ¢s a reliew of the accounting records kept by
the charity and a comparison of the accounls pIesenled with Ihose reLor(Ls'. Ii also includes
considcration of at]y Un￿Sual itctlls or disclosuT&5 in the accounts. and seeks explanations froD] the
trustccs conccming any such mattcrs. Thc pr(KcdurLs undertak¢J) du nut PTOI'idc all thc cvidcnc¢ thal
would b¢ r¢quir¢d in an audit. and consequently I do not express an audil opinion on thc vicw givcn by
thc accounts.
Independent eJaminer's statewent
In the course of my examination, no tnaiter has come io my attentio
which gives me reasonablc cause to bclieve tbat An any nmterial respect the requirem¢nts.'
lo keep accounting records. in acLx)rdance with Section 44 (Ixa) of th¢ 2005 Act and Regulation 4
of the 2006 AcLounts Rcgulations, and
to prepare accounts which accord w'ith the accounting records and comply with Rcgulation 9 of
the 2006 Accounts Regulalions have not been meL or
io whiLb, in my opinion. attention should be dralvn in order lo ¢nablc a piopcr Unde￿tandIng of
th¢ a¢¢ounts to be rtrached.
Name:
Address:

ST MARGARET'S COMMUNtTY CHURCH OF SCOTLAND
CONGREGATIONAL ACCOUNTS
AS AT 31 DECEMBER 2024
Reeei
ts and Pa
ments Account
Year ended 31 December 2024
Unrestrfcted Restrieled
Funds
Funds
2024
2024
Total
2024
Total
2023
Recei
Donations & Ltgacies
Grants
Receipts from Fundraising Activities
Life & Work collections
Intcrest & Investment income
Rental of p￿￿iSeS
Note
56,(X)9
2,260
35.893
58.269
35.893
21.060
126
2,993
9,648
65,138
21,060
126
2,993
9,648
20,175
368
2.491
7.256
Total Recei
ts
89.836
127.9119
ments
Expenses for Fundraising Activities
Payments relating directly to charitable
activities
Donations
Governance costs:
Independ¢nt Examination
Preparation of annual accounts
3,599
3.599
2,435
99241
5,000
30,916
10.000
130.157
15,000
71,987
10,000
250
540
250
540
385
540
Total Pa
ents
108,630
40,916
149,546
85.347
Excess of Re¢eipts over (Payments) lor
the year before transfers
{18.794)
(2,763) {21:557}
10,081
Transfers
Excess of Receipts over Payments for the
year
2.763

ST MARGARETIS COMMUNITY CItURCH OF SCOTLLND
CONGREGATIONAL ACCOUNTS
AS AT 31 DECEMBER 2024
Statement of Balances
At 31 December 2024
Unrestricted Restricted
Funds
Fund$
2024
2024
Total
2024
Total
2023
Nole
Bank & De
osit Balanees
Bank & dcpo.sit balanc
brouJt forward
25,442
6,973
32,415
22.334
Movement in year".
Excess of Receipts over Pa￿llentS for the vear {18,794)
(2,763}
(21.557)
10,081
Bank & deposit balances
carried forward
4.210
Investrnents at market value
(cost £57.168)
io
54,725
54.230
Gift Aid Receivable
Rents outstanding
OtheT
2,157
2,157
1,400
J,000
1,400
17U
2.570
3,557
Llabilities
Expenses
(2,911)
(2,911)
(5,730)
The accounts w¢r¢ approv¢d by thc Kirk Scssion on
For and i)n bLhalf ()f ihL Kirk. %L%%I()
Treasurer
io

ST MARGARET'S COMMUNITY CHURCH OF SCOTLAND
CONGREGATIOINAL ACCOUNTS
AS AT 31 DECEMBER 2024
Notes to the Accounts
Unrestrlcted Restricted
Funds
Funds
2024
2024
Total
2024
Total
2023
l Donations & Legacies
Free Will Offering Envelopes
Regular Dollations
Legacies
Tax Rccovered on Gift Aid Donations
Ordinary Offerings (Open Plate}
Weddings and Funerals (donations)
Other Offerings, Donations etc
4,927
29.544
4,000
9.214
3,714
371
4239
56,009
4,927
29,544
4,000
9,214
3.714
371
6,499
4,619
34.081
19.065
3,667
155
3,551
2260
2,260
Unrestricted Restricted
Funds
Funds
2024
2024
Total
2024
Total
2023
2 Grants
Church of Scotland - Manse renovation
Pr¢sbytery of Fife- Mission Fund
25.893
10.000
35.893
25.893
i O,(K)O
Unrestricted Restricted
Funds
Funds
2024
2024
Total
2024
Total
2023
3 Reeeipts from fundraising aetivities
Cafc income
Other fimdraising
11.031
10.029
21.060
11,031
10.029
21,060
7,569
12,606
20,175

ST MARGARET'S COMMUNITY CHURCH OF SCOTLAI¥D
CONGREGATIONAL ACCOUNrs
AS AT 31 DECEMBER 2024
Notes to the Accounts
cont.
UnrestrReted Restricted
Funds
Funds
2024
2024
Totsl
2024
Total
2023
4 Expenses for fundralsing activities
Cafu expenses
Offering envelop¢s
Other
2,395
63
1.141
3,599
2,395
63
,141
3.599
2,360
75
2,435
Unrestrieted Restricted
Funds
Funds
2024
2024
Total
2024
Total
2023
5 Charitable activities
Ministries & Mission allocation
Presbytery dues
Minister's expenses
Pulpit supply
Other staffing costs
Book-keeping costs
Fabric repairs & maintcnance
Fabric maintenance manse
Manse Council Tax
Heat and light
Insurance and water
Printing, slationery and office expenses
Life & Work payments
Cleaning
Other expenses
45,406
1212
4.379
409
6.446
1.415
7.512
1.925
3.033
13.614
2.592
934
630
4.518
5.216
99,241
45,406
1,212
4,379
409
6.446
1.415
7.578
30.427
3,033
13.614
2,592
934
630
4.518
7,564
130 157
26,326
1.002
1.519
4.647
1,310
13,192
2.004
2.962
4,892
3.361
586
486
3,771
5,929
71,987
28,502
2,348
Unrestricted Restricted
Funds
Funds
2024
2024
Total
2024
Total
2023
6 Donations
Touch Trust
10,000
10,000
15,000
15,000
i 0,000
10.000
5.000
12

ST IIIARGARET'S COMIMLNITY CHURCH OF SCOTLAND
CONGREG.4TIONAL ACCOLIYTS
AS AT 31 DECETrIBER 2024
Iyotes to the Accounts
cont.
7 Trustee Remuneratlon and Related Party Transactions
During the }'ear the Minister ieceived Teitnbursement of expenses totalling £4,379 (2023 -
£1 <1 0) Ina Ci!iJfLiiI Tax for the Manse was paid of £3.03) (2023 - £2,962).
li elder of the ¢hurclL rccciN'ed £1,365 (2023 £1,365) for services
Ll
an eldcr of thc cburcb. rcccivcd £930 (2023 - £973) for services provtded as
Icer. He also received £200 for othcr s¢rri¢c5 providcd.
urc
The fi)IlawinE trnqteeq are also trustees of The Touch Trust {Dunferndine) SC048217:
1.,08,'24)
I"hL .1 OULh l TUbL pruvided ¢]￿ning and caretakcr scrvicc5 throughout ihe year and the
church paid £4,828 for thcsc scrvices. li also paid for new church chairs and upgtades to the
securitv systems. The churcb paid £5:)56 foi its sharc.
Otber than as noted alK)ve, no ln￿tee. or person related to a tn￿tee. had any PCTsonal interest
in any contract or ts2Dsaction eniered into by (be Lharity d￿Illg the year an<L other tlwi the
Minister, no other trustee received reitnbursem¢nt ofexpenses.
13

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ST MARGARET'S COMMUII'ITY CHURCH OF SCOTLAND
CONGREGATIONAL AccouNrs
AS AT 31 DECEMBER 2024
L Otes to tILe Accounts
cont.
loVe￿ents iD Funds (conL)
oses of Desi
led Furtds
Kirk Session Lega¢y Fund: The Tn￿ee$ have set aside the i¥pits] from the R Ke￿ L£ga¢y
as tontingtncy reserve for any major work..
Drop In Cafe lund.. lll¢ome and expenditure of the wttkly Drop kn Cafe.
Parish Fw)d.. Historic fi￿d io help the needy in the Parish.
Fabric Fund: fithd for the upkeep of the ¢bu￿h and its buildillgs
Mission Fultd: fll￿d to ryand the ￿l￿10￿a￿l outreath of the church
oscs of Rcstricted Funds
Flow¢r Fund: ThÈs is a fi￿d w provi(k l]ow¢rs for display during seTViC¢S of wors]]xp.
Boiler Fulld Fund.. This provide5 for nujor r¢pairs otl the boil¢r and control ￿￿te￿LS.
New Roof Fund.. This is a to a&sist with the cost olthe upkeep & re-roofing of the Church.
Encrgy Sllrvey Fund.. Thi8 is the grant nKTrney received from thc Church of Scotlat]d for an energy survey.
Spiritual Deve1po￿¢llt Fund: This fi]lld TS used to provide people Thith the chance to study and extend
their knowlcdge aDd ulldersta￿lIllg of spiritual tnatters within the Cburch of ScotlaD¢L
Church Chairs Fund.. This 15 a to replace clLurclL chairs as required
Mission Fund." Th%s is a fi￿d from Fife Pre5b￿cry for mission ViOTk
Manse Renovation Fund: This is a fimd from Church of Scotland to QTry Out renovation WOt* on the man
Other Restricted Fwids: Thi5 iticludcs the balances for Ixvs Connect FuDds and Singing in Harmony Fund.
Kirk Session i
Fuod
'orkin
Balance
Held as tash at bank Held in i)]vestments
Totsl
Opening Balance at l January 2024
Movement in the yvdr
Closing Bala[￿e at 31 D¢¢¢nkn2024
Gain on investment at year end
Actual Fund at 31 De£cmber 2024
(1.438)
35.128
33,690
(1,4)8)
i5.128
321
35,449
33.690
321
34.011
(1,43¥1
Minister's Stipend
All Church of S¢otlaDd congregations contribu* to the National Stipcné Fund wtiich bears the
costs of all ￿]ni$lerS, stipends. alld cmployers ¢Olltr[b￿10n for uational it)surance. pell5ioD and
hoTLsing a[￿ loan fi]nd. Ministers, stipends are paid in ac¢oTdallce with the national stipend
scale, which is related to yvars of service. For the vear under retiew the rninimllm stipend vrds
£3 1,642 znd th¢ T[￿1￿u￿ stipeNI (in the fifth and subsequent years ) was £38.884.
15

ST MARCARET'S COMTrtUNITY CHURCH OF SCOTLAND
CONGREGATIONAL ACCOUNTS
AS AT 31 DECEMBER 2024
Notes to the Aceounts
conL
2024
2023
10 Investments
Market vaLue at l January
GaiThl{tA)ss) on revaluation
Market value ￿ 31 December
54230
495
54,725
52,251
1,979
54.230
Investmcnts at cost
57.168
57,168
2024
2023
11 Collections for Tbird Parties
Touch Trust
6,115
6.115
1,976
1,976
12 Volunteer5
In common with all ¢ongre¥dtions of the Church of knilan¢ the cOn￿gatiOn benefirs from the
Contribution made by voluntrers who give theirtime and tai¢nts wllillgly for the benefit of the
Church. The areas of CODgregational jift which rdy on the contributions of volullteers are rn￿Y
al￿ varÈed al￿ much of tbe activity would be unable io continue were it not forthe conm11th￿ttt
showi.
16