The Church of Scotland Laurieston Parish Church RECklP'I'41 AND PA YMEN'I'4i ACC.'OIIN'I'. YEAR ENDED 31ST DECEMBER 2024 Longregation No: 221350 Charily No.. SC 7583
Keterence Administrative Inftormation Charity Name.. Laurieston Parish Church Lhaniy Kegistraiion Number. SLUU73¥3 Congregation Reference No.. 221350 Lontact Address.. Bgnkers Bank of Scotland. Hig,h Street. Falkirk FKI INR
C)oll ¥) 'rustees' Annual Report Year ended 311)ecember 2024 Structure, CJovernAnce and Management Governing Document Sincc 31 OclobL"r 2019, when a new Deed w&s signed by the Principal Clerk of the General Assembl). and the Law. Agyenl of the Church of Scotland, the Church has been adminigl¢red in accordancc wilh Lhc terms ol.the Deed of Constitution IUnitar>' Forni). Recruitment and Apw)inlment of .1 ruslees Since 31 October 2019 only Memberq nf tl71 Kirk- giEEion irL "Ihi ih,Irin" InlslLLX fLiili)11 Inil the retirement on 30th June ?020 01. th app)inl¢d Interim Moderator and hag liillli d tliLI K I I k %LS%lI)11 I lil K I rk %L%%I(In iiii iiil)L rx ari ihe elders ol. the church and are chosen trom those members ol. the church who are considered lo have the appropriate ft5 and skills. Organisaliongj Strueture ollowingi the change lo the orLvan15alional structure ot. the L hurch io the Unitary. L'onstiluiLn. the Kirk Session has bL'en resp)nsiblL tor both spintual and tLmwral matters, with oific¥-b¥ar¢rs and workin&, LYOUPS accountable to that b(Kly Objectives and Activitie5 Th¢ Church ol" Scoiland is Trinilarian in doclrine. Refornied in tradition and Presbyterian In It exists lo glorif). Clod and to work for the advanc¢m¢nt of Christ's King.dom throughout the Pdorld. As a national Lhurch, It acknuwledges a distinctive c211 and duty to bring the ordinances ot. r4igion to Ihc '()ple in eve parish of Scotland ihrough a territorial minislry. 11 cfroperdtes 'ith oiher Churches in N'anou5 ecumenical bodies in S¢viland and twond. In ordinary course.. services of worship are held each Sunday at 10.OOam' Holycommun n is Clebrated on th¢ 3rd %unday ot. January, Apnl, June and ()clober' Joinl Services are hld with ther churches in the "Braes" area during Hol). Wcck. the Cjuild m¢¢l.s each Tu¢day from OctolkT Io June. andthe Kirk Session meets as and when required throughout the year. Following a decisioii iii)I li) Lall already staled the is delFghlLd lo have ih cr, the linked charge has passed into Guardianshi&. As ¥as apwinled Intenm Mod¢raior" and ihe LonbFret1On '.onlinue &$ our LA)cum. 03
'rustees' Annual Report (cont.) Year ended 31 December 2024 The year has been dominal¢d with re-organisational changFes tn particular the idenlificati•n of our lusler" LUl¢s1O11, Polii)viil aiid R¢adii)g & W¢sl4U41ter. The thi¢¢ Loiibffjie&Jalioiis l)l¥¢ b¢¢ii getting to know each other by continuinb ihe practice adopled in 2022 of holdinL' Joint. services Ihroub)hout thL' year. these have been well received. Despile continuingj uncertainty ai l)tesbery level il is anlicipated that.. ministerial and other 5UPWrt will be announced in early 2025. and Ihal in the first instance repr¢s¢ntaliv¢s from each Church will be appointed - probably as a slanding committee - lo managye ils protx)sed delivery In our local area prior to the torniaiion ol. a new Kirk Achievements and l>erformance Duringi 1019the refurbishment of the Church Hall bL" an and a learn of iiolunteers hi% since undertaken an L'xtcnsive ran&yL of minor works Ix)th insidL and outsidc of Ihc building) whil$1 major works were undertaken by ou15idL c()ntraLI()r5 inLludin&¥ replaLinLI in the main hall both the healing, syst¢m and wooden window fram¢s which had roll¢d with Ihe pas5ag>e ol. time. No furthor work, exccpt Lssential em¢r&i¢ncy work. will bL undL'rtaken until thL r¢-org?anisalion is in placc. 11 bL'came necessary 10 remove a Iree from wiihin lh¢ Church grounds a.s a result of siomi damab7¢. this cosi £2.01 O and was funded by a gvrani from the General 'frusi¢LS of 12,000, FinY4ncial Review 'I'he pnncipal source ol. linance conlinues to be Wtrl) envelopes aug7menied by Liift Aid &ceipis from HMRC. In addition hall ILIS. which fLII into abL'yance durinbi th¢ pandemic. have resunled and &i¢neral¢d receipts of £12.370 in ?U?4. rollow'in¥ adNici from thc GcnLral TrustLc&i4w' Dcpl. and ihc Prcsb)'tcr), thc Mansc r¢mains unoccupi¢d and IhL Session is not aclivLly lookinb) lor a tLnanl. NonL'thele5s 1115 a .5ignificat* drain on our financial resources and consid¢ration has io be given to 115 relLnlion The Cjiving to Grow requir¢ment for 2024 was mei. Reserves Policy It is the Trustees. wlicy to hold reserves of approximalely six months expenditure. At th¢ ye the Church held cash funds of £11.370. rcnd
O()l?Jl? 'I'ru5tees' Annual Report (cont) Year ended 31 December 2024 Statement of Trustees, Responsibilities I he members ot. the Kirk *5sion / Congrregyaiional 14oard rn%1 prtpare linancial staleme s which give .suflicicnt dLtail Io LnahlL an appreciation ol"Ih¢ Iransaclions ol.the Church during) thL financial ycar. 'I'hc mernt.rs of IhL. Kirk SLssion I Congrcgatinnal Board arc rcstx)n8ibl¢ for keLPi proEKr accounting records which. on rcquesi. must rLflLci Ihe financial rrt)silion of the Church at Ihal lime. This must b¢ don¢ lo ensure ihat Ihe financial staiemenls comply Hiih Ihc Charilies and Trustee Investment (Scotland) Act 2005. Ihe Charities Accounts (Scotland) Regyulations 2006 and thc Reg?ulations Anent LongTrrcgalional Finance approved by the (i¢neral Assembly of ihe L urch of Scotland in ?0117. 'fhev are alsu restKJnsibl¢ for safegwardingi the asset5 Ot- the L'hurch and nlust take reasi>nabl¢ sleps tor the prevention (In(bur deleLiion ol. Iraud dnd uiher irregularili¢s. Approved by the .1 ruslee.s and sigmed on their behall., DAte . 9th .lanuarv 2024 V5
Independent Examiner's Report to the Trustees of Laurieston Parish Churth I rL'p(Trn ()n the accounis ol- Ihe charill. lor ihe %"ear ended i l December )014 K'hich are sel oul on pages 7 to l? Respeetii'¢ re%ponsibilities of trustees and exgminer The charilj's tru%tLK-s are responsible lor Ihe preparation of the accounls in accoTdance u'ith Ihe terms of the Charities and TrusteL. Ini"cstmenl (Scotland) Ilci 20Ui and the C'.harities Accounts ISLoiland Regulations 2fJ)6. The charii). Iru51ee5 consider ihat th¢ audil r¢quir¢m¢ni of Rcgulaiion 1011 I (d) of the Accounts RLgulalions does nol appl>". It is mi. resrK)nsibilil!' io examine the accounis as required unaer scctioii 4411 I IL l of thc .4cl and lo slate 'hether particulaT mallcrs have come to m!. allenlion. B#sis of independent ex#min¢r'y slalement An LXiimiii4ltion is iarried out In aLL()rdJnLL' 'Ith Regulation I l of ihe Charities Accounts Iscoiland) Regulalions 2006. An exwninalion inLltsd¢s a rel'i¢ of lh¢ aLLuunling reLords kepl by the ChltY and a Lotnparison ol- the accounts presenied w'iih those records. li also includes considerdlion of art! unusual items or disLlosures in the accounls. and seL"ks e.Kplanations from the trustees concemingl an). 5ULh mallL'rs. The proLedures undertaken do nol proi'ide all the ei'idence that 'OU[d Lk. required iy an audit. and ¢onsequentlN' I do noi ¢.xprc5S audil opinion on the i'le. li'en bs. Ihe accounis. Independent examiner's statement In the course of m), examination. no maller has come lo m!, aitention hiLh biives me reasonabl¢ cause 10 beliei'e thal in an). maierial r¢speci ihe requirements.. to keep dLLounlingi records in accordance w.iih Section 44 (1)(a) of Ihe ?005 Aci and Regulhiion 4 of the 2006 ALcounis Regulalions. and l() prepare accounis w,hich accord i%iih the accounting7 Tecords and compl!, 1th Reg)ulatioi 9 of the 20(16 .4Leounts ReulatIonS havc not been mel. ur lo whiLh. in m) opinion. attenlion should dram in order lo enable a proper understand accounts lo k reached. gofthe Natne Address: Dat¥ l +/oJ 202 5- 06
Laurieston Parish Church Recei ts and Pa 'ments Account Yegr ended 31 December 2024 Ob?3J3 l.'Drtstricted Restricted EndoT¥m¢ol Funds Funds Funds Totar Total 2024 2024 2024 2&24 2023 Recei r*o¢t Donations twcies ActiNities for Generarin¥ Funds Bank & De51t interest lllvestrTt income 24.308 3.707 28. 30.289 24,308 3.707 28,015 30,289 Reftt of prthni5ts Sale of assels Sale ofinve5ttnts Grants 12.370 12.310 7.380 Receipts from General Trusiees Transfer of Unton Balanct Other Receipts Tot81 Recei 36.678 5.707 42.38 37.669 meDts c.osts of generating funds Charitable actiTr'ities Governance costs 235 231 49,50 230 44.393 2.818 2.296 54.107 Totsl Pa ment5 44.6?8 2.290 Excth5 of Receipts over Payments for the year before transfers -7.950 2,889 -2.296 -7J57 -16,668 Transfe Exceys of Receipts over Payments Tor the yegr 2,889 -2.296 -16.668 07
. Laurieston Parish C.'hurch Statemenl of Balances At 31 December 2024 00?3Y; [lTrreytrhCted Resiricted FThd5 Funds Tota 2024 TotAI 2024 2024 2024 2023 ote B#Dk & De Sit Balances Bank & dewsii banCeS brought fotward -17.725 20,955 18.127 35,295 Movemenl in year: Ex(¢ss of Receipts over PaiThents for the year -7.950 2.889 -2.296 -16.668 Bank & deposit balance5 c8m¢d torward 18.059 18.627 InvestmenL4 41 market value (cost £ KXXXK) Assets Gift Receivable Cost of repair not yd billed The accounts were approved by the Kirk Session on January 2025 For and on behaifofthe Kirk Session Session Clerk Treasurer 08
Laurieston Parish Church Statement of Bglunces Notes to the Aecounts uc>? 3y3 l. Trustee Remuneration and Relted Prtv TranvACtion$ No Iruslee received any remuneration or reimbursement of ¢¥penses durin¥ the year. No truslee ur a TsOn related lo a trustee had any personal Interest In any contract o enlered into by th¢ charity durinbj the year. 2. Movements in b"und5 transaclion A¢iJa Af31 Dee 2024 Receipts Payments TrAnsftrs 2024 lInrtrIettd funds Gen¢ral Fund -17,7?5 17.725 36.678 36.678 44.628 44.628 Restricted funds Fabric Fund -25.675 5.707 5.707 -2.818 .2,818 18.286 18.286 Endowment funds Thc Mc(ir¢¥or/lJlaLk Lewies 20.955 20.955 -2.296 18.ti$9 Totgl funds 18.627 42,-18.5 11.270 ses of R¢strict¢d l*unds Fahric Fund.. Th¢ Trusiccs have sel aside fund.s for Ihe mainlenance of the Lhurch PrOrtY se5 ofF.ndowmLnl l.-Ltnd5 Incumu from IhL ML(iregb()rilBlaLk Lesyacies 15 lo be used for th¢ maintenance of ihe Church p operty 09
U072P2
Unrestrified Rdirieted
Funds
Funds
2024
Endowment
Fknnds
Total
Toell
2024
2024
2024
2023
3. Analysis of Donations
WFO Scheme (non (lift Aid)
(lift Aid Donation5
T Recovered on Crt'ft Pid Donations
Ordinary Offerin85 (Open Plate)
Other Offerin¥s. Dollaiion5 eic
2.880
14,970
4.798
1.660
2.A80
14.970
4.798
1.660
3,707
28.015
2,882
15,778
5,248
1,707
4.674
30.289
3.707
3.707
24,308
4. Analysis of Other Ineome
Reniai of Premises
Receipt$ from General TNst¢¢s
12.370
12.370
2.0(K)
14,370
7.380
12,.370
7.380
5. Analysis of Payments
1.'08ts of %ener4tin% funds
offerin en*¢lopL'y
235
235
C".hgritgble 4ctivities
iviny li) Grow All4110
Presbery dues
minier.$ expenses
Pulpit 5uppIv
her 51affing cosis
Fabric repair5 & mainienance
Fl¢ai and li¥ht
Insuranc¢
Other buildirig ci)st5
Printing. siaiionery and postage
her expen5e$
10.066
506
10.066
506
674
30
8.860
8,860
2,.38S
7.136
2.430
3.201
16.156
2.786
2,010
2.296
16.156
2.786
2..190
.3.719
)0? 3p? . 6. Minister's Stipeftd All Church of Scotland congregations contribute lo the National Stipend Fund which b4rs the wsts ofall ministers, slipends and employevs contributions for national insurance, pension and Pousingy and loan fund. Ministers, stipends are paid in accordance with national scales. For the year L¥tder review Ihe minimum sliFnd was £xx,xxx (2023 £30,135} and the maximum stipend (in the fifth and subsequenl years) £Lx,xLx (2023 £37,032). 1024 2023 7. Collections for Third Parties Scottish Bible Soci¢ly Chn'slian Aid Eic
'APPTr'NDIX FUIYDS HELD 01% BEHALF OF THE C"ONGREGATION 'I'HE LHlIRC.'H Ob, SCO'I'LAND GTr'IITr'KAL I KIIsi'EES 2024 2023 LAPI I AI, ACLOiiN'I' Credit Balances held al 31 Dcccmber al cost Market Value of Balances at 31 December KTr'VEIILIE ALLVLIN I, Credit Balance at 31 December 601 601 I'EMPUIL4RY ALLOIIN I, Credit Balance at 31 Decembcr 12