Sherwood Greenlaw Parish Church of Scotland Trustees, Report and Accrued SORP 2015 Compliant Accounts for the Year Ended 31 December 2024 Congregation No: 140780 Charity No: SC 007484
slierwood Greenlaw ParTsh thurth of Scotland Trustees, Annual Report Yèar ended 31 DeMber20Z4 Reference and AdmiNstratlvelnfornwtlon Charil¥ Name: Charfty Reglstratlon Nurnber. Congregation Reference No,. ContactAddiess'. SherwcM)d Greenlaw Partsh OI0t1and SC007484 14078D The Churcn OFFJ Sherwood Green'.awChurch Glasgow R(*d PA13PA TNsto8s The members of the Ktrk Sesslw for 2024 and up totne date of the ac(¢wntswere: Mlnlstts_r IRev. john MJrniig- retired 14 February 2024) PiUS- Prlnclpal Offktrbearers Independgnt Examln Bank¢rs Royal Ejank of Swdand Moncrieff Str4at Pètsley
Shernood Greenlaw Parish Church of Scotland Trustees) Atmual Report Year ended 31 December 2024 The Trustees present thelr annual report and financial statements of the charity for the year ended 31 December 2024. The financial statements have been prepared In accordance with our accounting policies and comply with the General Assembly Regulations for Congregatlonal Finance, the Charitles and Trustee Investment {Scotland) Act 2¢XI5, the Charitles Accounts Iscotland) Regulatlons 2006 (as amended) and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Flnancial Reporting Standard applicable in the UK and Republlc of Ireland published on 16 July 2014. Objertlves and Activities The Church of Scotland Is Trlnltarian In dortrine, Reformed in tradition and Presbyterian in policy. It existsto glorffyGod andto work forthe advancement of Christ's Kingdom throughoutthe world. A5 a national Church, it acknowledges a distinctive call and duty to bringthe ordinances of religion to the people In every parish Df Scotland through a territorial ministry. It co-operate5 Wlth other Churches in varlous ecumenlcal bodies in Scotland and beyond. Misslon and Purpose As a Christian fellowship we seek to spread the Good New5 of the Gospel and to support and encourage each otherwhile serving our local community in Chrfsvs name. Membeyshlp Roll As of 31 December 2024, there were 243 names off our roll, with an additional 30 named adherents. Attendance at in-person weekly worship averages between 91>IC() at most Sundav Mornlng Services and 15to 20 atWedne5day Worship. We estimatethat over 80vlevv ouron-line content eath week. We have 15 children onJuniorChurth Rolls. Over40 boys attendthe different sections of our Boys, Brigade, and 80 girls are Involved in the sectlons of the Guide Company. These are irnportant Eroups within the local community. Activities We meet every Sunday for mornln worship. Wednesday Worship, a short midweek service, is held from October to May, led by We no longer hold evening services, but have had occaslonal "Special. seICe5, particularly during Lent, Easter and at Christmas. A team of Elders and members regularly assists the Minister wtth prayers, readings, and scripts as required. Worship continues to be live streamed for those unable to attend with content available throu8h ouryou Tube channel and Facebook. A small group of commltted volunteers makes this possibl&. Our New Life church magazine is publlshed four times a year, and occasional newsletters are delivered, but coples have also been emailed orposted to member5to keep them up to date wlth the Ilfe of the Church. Our Church family is welcoming and keen to attract vlsitors and new members. Our Junlor thurch, comprisin8 Creche and three departments, is staffed by talented and devoted teachers and
Sherwood Greenlaw Patish Church of Scotland Trnsteesy Annual Report Year ended 31 December 2024 helpers. We are always lookingto expand the numbersattendin& all newfamilies and new friends will be made very welcome. The Church Choir, under the able direction of Madame Clotilde Raydon rehearses on Thursday evening and Sunday mornings, preparing to lead the congregational singing and worship, and perfomiing introits and anthem5 as part of our services. The Guild contlnuesjointly with St Mark's Oldhall and is worklngwell. A Monthly'Time Out" group for ladles Is runningvery successfullyon a Frfdayafternoon, usingour Minor Hall.The Men's Group also meet monthly, with invited speakers, In addition an annual dinner and a small annual golf tournament are held. Throughout the week a wide range of youth organisations use our facilities and are led by talented and committed leaders all dedlcated to their respective organisation. These Include:_ Rainbows BB AnchorBoys BB Junior Section BB Company Section Brownies Guides Thursday EvenlnB Friday evening Friday Evening Friday Evening Thursday Evening Thursday Evening The BarshawToddlers Group meets every morningTue5day to Friday inour Lower Hall. Sherwood Greenlaw has a policy of Inclusion which continues to be reflected by the provision of accommodation to the BB Battalion {for training), Reaching Older Adults in Renfrewshire (ROARI, ACCORD Hospice, 1Mming World Group and the Paisley East End and Williamsburgh Communlty Council. There are a150 Aerobic classes. a Dance School and Yoga Classes meetlng weekly within our facilitles. Achlevements and Perfomiance Our Church Family can be pleased that we continueto see 8ood levelsof attendanceat ourweekly worship services and other organised events. Our outreach initiatsves continue to be successful and our role within the local community is Vital and vibrant. It is a privilege to share our faith not only with one another but also with those in our parish and wlder community. We commit the future of our Church Family to our Lord, that through the love of Christ and His Holy Spirit we can know God better and walk-through lrfe more closely with Him. Pachedu The charity Pachedu, continues to develop a Community Garden on ground betweèn the Church buildings and our Manse. A seating area, ralsed beds and other structures have provided a focus for volunteer5 from the immlgrant community. Member5 of the church have offered tea and snacks to those participating in the project. The church agaln hosted a seminar and presentation oft the experience of Immigrant groups in the West of scotland. A barbeque was held for family and friends on 25th July 2024.
Shenvnod Greettlaw Parish Church of Scotland Trustees, Annual Report Year ended 31 Dccembcr 2024 Seasons for Gr¢)wth The church now has accredited volunteers available to prowde the support of the Seasons for Growth programme to the bereaved and others In our communlty. Fund Ralslng and Soclal Events Volunteers frorn Sherwijod Greenlaw joined with those from St Mark's Oldhall for a Super Saturday Strawberry Aftemoon Tea at the start of August. On a beautiful sunny day £567 was raised for the Glasgow City Mission by St Mark's. Our nominated charities thi5 year were Christian Aid,. at our Pancake Coffee momingon 14th September, also supported by our neighbour5from St Mark's, the magnificent sum of £1,525.67 was raised for them and our Coffee Moming and Watchnlght total of £1,356.65 has been sent to the Foodbank as well as weekly food donations from the tongre£ation. Our Church buildings were decorated wlth baskets of flowers and with Installations representlng Harvest and Communion, subsequently for Remembrance Sunday the Church was bedecked with knitted poppiesand floral display5, and for Christmasthe FlowerTeam produced Origami decorated Christmas tree5 (OBniS1nE the diarlties we have supported In recent years. includin8ACCORD Hospice, RNU,Calum's Cabin, Women'5 Aid, the Foodbank, ROAR, Christian Aid. and Good New5 for Everyone. WSlllam5burgh Prlmary School We continued oursupportofthe work of the Breakfast Club atwilliamsburgh Primary School until the summer holidays, but this workwa5 not abletocontinue inthe autumn term due to a shortage of volunteer5. For Christmas 2024. church members donated hats. gloves. and scarves to be offered a5 gifts to those children in need, or gifts to purchase these,. the school staff were 'blown away. bythe generosity of the congregation and reported that every item was gratefully taken. It has been a pleasure to be able to host Easter, Leavin& ond Christmas seiceS for the school a&ain this year. Community Outreach We rernain committed to reaching out to our local communitywithThe Gospel of Jesus Christ and the Love of God. We have supported the Paisley Befrienders Group. provlding support for the horneless, and the Paisley East Good Neighbours Group. Long Servlce Certlf icates At a Special Service in January 2024, led by Presbytery Moderato long service eertlflcates were presented to 29 elders and office-bearer5, recognising over 1,000 years of sekvice to the church. Ministerial Matters Our ministe retired on 14th February 2024. Followin£ hls last servlce on Sunday 11 February, at which seveial presentations were made, a celebratory Church meal was held at Ralston Golfclub, attended by 125 members and guests. On 18 February. Interim Moderator preached the charge Wdcant. and on behalf of Clyde Presbytery declared the
Sheiwood Greeolaw Paftsh Church of Scotland Trustees> Amiual Repott Year ended 31 DeLeniber 2024 congregation sisted, that is without permission to call a new minlster. The congregation wa5 indebted to or providing much of the inllia I pulpit supply, and were saddened when Illness prevented her from contlnuine and members of the Sesslon and Worship team 3150 led &ervices, and after Seading most of the summer perlod services. was appointed locum Ministerfrom I, September. Th15 has provided the congregation with Some rnuch-needed stabillty, both forwor5hlp and the preachinE of the Word, but also for pastoral matters. Presbytery Mlssion Plan The Church of Scotland, through it5 Mission Plan Act 2021 Instructed presbyteries to draw up new Mission plans by 31st December 2022. The church nationally Is determined on a course whlch wlll lead to fewer bulldings, rninistrles. and congregations. Clyde Presbytery finally approved Its plan on 18 March 2023, and presented it to the Falth Nurture Forum of the General Assembly In May 2023. The Faith Nurture forum made amendments, which were approved by Clyde Presbytery on 21st June 2023. As far a5 East Paisley and 5herwood Greenlaw Church is contsrned the plan recommended that a parish grouping should be established wtth St Marys Oldhall, on the basls that two ministers with tenure were In post at that time. However. the plan recommended an allocation of only one full time minister of word and sacrament to come into effect upon the retlral. translatlon or demission of either minister. In thls event the congregations were to begin discussions regarding entering a full union. A5etIred earlier than originallyplanned In February 2024, this part of the plan has now come into effect. The Intention of the parish grouping had been to enable the churches to develop Ilnks, loint working. and share in fellowship, prior to an eventual union. This timetable has now been accelerated. While Sherwood Greenlaw In now unlikely to be able to continue as an Independent entity, the office bearers and congregation have the opportunltyto shape the development of a new Church of Scotland forthe East end of Pai51ey, along with our nei8hbour St Mark's Oldhall. This work is still at an early stage. joint actlvities and servlces are beln8 planned, and Small group discusslons between the representatlves of both congregations started in early 2025. urch Bulldln8S A Comprehensive Bulldings Review for Sherwood Greenlaw was also requlred In the presbyterv plan, to be completed bythefirstanniversaryoftheplan.Throughtheyearcostin85 were obtained for a complete refurbishment of the roof and stonework of the Church and halls bulldings, and the newly appointed Presbytery Buildings Officer has also carried out an inspection and survey. The decision of the General Trustees on the future statu5 of the building is alvaited. The Churdi manse has been vacant since June 2024. Pastotal Care Onè of the most vital ways in which we demonstrate God's love is through the pastoral care we offerto those in need within ourchurchfamily. We 3150 SUPPOrtthose in the Parish and elsewhere who may be suffering frorn illne55, a personal crisis orbereavement.The work of our Pastoral Care
Sherwood Greenlaw Parish Church of Scotland Trustees, Annual Report Year ended 31 December 2024 Commlttee Is crFtlcal to the support of our Minlsters and Session in delivering much needed Chrlstlan care and concern. StewardshSp In challengingtlmesourmembers more tharleverwill have to contributetime,talent5, and money to be effective in our discipleship, continuing the elIent works done in Chrisys name to date. Financial Review Overall Summary We reported a surplu5 of £428 for the year to 31 December 2024 which reversed the trend of recent years. We were pleased with the income total for the year, which we had expected to be lower than last year and we also managed to bring otjr total expenditure in at below last yearfs level. Income Total income for 2024 deCaSed from £121.310 to £115,899, a decrease of 4.5%1£5,411). The main contributor was reduced income from givings and Gift Aid, both of which reduced, as had been expected, from last yearf5 levels. Gift Aid, at £14,049, remains a key part of our givings total and we re*mphasise this to all members every few months. We generated interest income of £8,937 on our variousfunds in the year. This was mainly generated from our Church of Scotland's Investors Trust funds and those at the Cambridge and Counties Bank. We actively manage our cash balances to try to maximise this income, given the pressure on voluntary income. We were delighted to receive a £2,000 award from the Spill the Beans progrdmme which will be used to support our future outreach activities- this was part of ourfund-raislng and grant income totèlling £2,658. Our focus this year on fundraising events was extemally focussed, primarily on helping supportthe local Renfrewshire Foodbank and Christian Aid who benefitted in total by £2,882. Our income from Other Trading Activities increased to £11,173 {frorn £10.695) and all related to halls. use. We remain very grateful to the various groups and organisations who use ourfacilities as this Is a valuable source of income for us. Income associated with our various Church organisations decreased slightly to £1.524 from £1,675 last year. Expenditure Our total costs decreased by £8,99617.2%1 to £115,471 from last yearfs total of £124,467. This decrease is mainly due to a reduced Giving for Growth allocation and an associated wacancy allowance following the retirement of our minister in February 2024. We operated for a short period using pulpit supply before the Rev. Tom Cant 5UPPOrted us on a locum agreement effective from I September 2024. This resulted in a corresponding increase in local staffing c05t5. Overall, our total "ministerial" costs reduced from £66,047 to £58,821, a reduction of £7.226. Our staff salaries costs decreased in the year by £1.309 due to reduced staff numbers. Our Buildings costs increased to £19,962 (mainly due to the expected addttional utilities thargesl but repairs costs, which have been curtailed duetothe ongoing Presbyierydiscussions, redUdt0 £3,146. No major repairs were carried out in 2024 although some urgent work was required on the roof and gutters
Shcnvood Greenlav¥ Patish Church of Scotland Yrusteet?) Annual Report Year ended 31 December 2024 of the Manse. We used E6,720from our Revenue Account to cover these coststhis year. No costs were capitalised in the year and our depreciation charge was reduced from last year at £3,396. Church Office expense5 decreased to £4,675. Professional services include £1,528 paid to MLM Consultancy as mentioned earlier in this report. The total expenditure of our Church organlsatlons was £536 with low expenses being incurred by these groups. Result for the Year and Additional Comments Our reported surplus of £428 and our total funds have increased to £301,358 because of this. There was a 5% increase in the value of our Capltal Account, which had no cash movements this year, to £51,229. With income of £2,490 (last year £1,725) from the Capital Account and taking account of the funds wlthdr3wn this year, the balance on our Revenue Account has decreased to £11.079. We had forecastedthat 2024 would be a year of uncertalnty. and this has proved to be the Case. However, high interest rates on our various deposits helped us achieve a small surplu5. We now move fomard into 2025 with our attention firmly focussed on our collaboratlve work with St Mark's. We have prepared an initial budget fortheyearwhich shows a SiBnificantGeneral Account defictt, offset around 40% by Interest income, but it Is likely we wlll revisit the budget as thlngs move forward. At this stage. we have not made any accountiri8 provisions for the proposed amalgamation with St Marl<s. We obtained Church of 5cotlarnd approval on 20th February 2025 to sell the manse, which we will shortly action. We also record our thanks to orexamlnlng our financial statements for well over 20 years. Risk Managernent aur Church Family continues to live In challenging times and the risks faung us are becoming Increasingly clear. Our congregation and our Eldership are ageing and numbers continue to redu year on year. Manyof our members are housebound orrequire care or Ilve in careestablishments. Thls Is offset to some extent by the presence of several families with young children, and a proportlonally high attendaTr atsunday Worship, and views of ouron-line output. As mentloned above the Presbytery Mission Plan has serious consequences for our future congregational life. With the retiral of our minister on 14th February 2024, and the stated interntion of Presbyteryto reduce the number of full-time ministries in our area from two to one, we must explore with our neighbourlng congregatlon and Presbytery how ta resource and deliver our congregational life in the ture, We must therefore continue to pray for the wisdom and grace to be opento and readyto appropriately respond to the implications of such a change, which, rfthe plan cornes to fruition, will result in a new single church for the East end of Paisley. As part of that process, we will have to conslder the future of our present Church buildings and manse. The Church building itself is B-listed. We have reported before that the cost of malntalnlng church buildings and fabric (which are now over ICKI years old) Imposes a conslderable burdÈn on the Income and resources of our Church. This burden has been dlscharged th2nks to the generosity
Sherwood Greenlaw Parish Church of Scodand Ttustees? Anttual Report Year ended 31 December 2024 of members but continuing prudent management of our finances and funds is critlcal. Several areas of our buildings have suffered signtficant water ingress and major external repalrs will be needed soon. Estimates of the cost of a full schedule of necessary works prepared by NLM Building Consultancy through a tendering process in 2024 range from £650,CIXI to well over £1,000,000. As repair costs are one of the elements with which the General Trustees of the Church of Scotland decide on the future viability of church buildings In the Presbytery plan proce55, It Is highly likely that we wlll only be allowed to complete short-temi repairs, and that our present bulldlngs, despite thelr location, size, and range of amenities, may not be suitable for the proposed unlted congregation. Our Flre Safety policy is regularly updated, and there are regular checks of fire-fightlng equipment, and gas and electrlcal safety. There are no known Asbestos risks. An AED device is in the Halls, kltchen for medical emergencies. Resenps Pollcy Due to the immlnent unlon/amalgam3tion between Sherwood Greenlaw Church and St Mark's, the Trustees have confirmed that reserves should cover at least 12 and up to 24 months of expenditure (based on the 2025 budget) by which time the process is expected to be completed. These costswill be between £119,000 and £238,000. Atthe yearend the Church held unrestricted funds of £276,339 of which £84,330 relates our fixed assets balan5. That leaves a balance of £192,009 of unrestricted reserves (which includes £182,737 has been designated for future Fabric and Ministerlal Assistance and General purposes and for Flowers use} and this currently sits within our desired level of reserves. Structure, Governance and Management Transition to Unitary Constltution In 2022 The Deed of Constltution Iunltary Forml, forsherwood Greenlaw Church of Scotland. Paisleywas signed by the Delegation of the General Assembly of the Church of Scotland on 23rd August 2022. The Church Solicitor notified the Office of the Scottish Charity Regulator10SCR} of this change. From this date, members of the Kirk Session became the sole chartty trustees. The Klrk Session member5 are the ordained eldersofthe church and are chosen frorn those membersof the church who are considered to have the appropriate gtfts and skills. Elders are ordained for lrfe, but the church recognises that those who are unable to take an active part in the life of the session may "retire- and cease to be trusteesof the charity. The Minister, who Is a member of the Klrk Session, is elected by the congregation and inducted by Presbytery. The Kirk SessiDn has appointed a Session Clerk and Congregational Treasurer and has now established five Action Teams to support the work ofthe Session, drawingon itsown members, butalso other membersofthe congregation who are believed to have the skills and commitment to contribute to the affairs of the Church. There are the following teams: Resources, Mission. Worship, Nurture, Pastoral Care, A co- ordinating Group, consisting of the Minister, Session Clerk, Treasurer, and the chalrs of the teams was also establlshed.
Slieiwood GieenlaTr ParAsh Church of SCotld Trustees) AJmuaL Repott Year ended 31 Deceniber 2024 Offlce Bearers The Sesslon be8an 2024 with 34 Trustee la¢tive} Elders, and 8 retired Elders. DurlnE thc yeir died, joined the list of retired Elders, and isjoined by certif icate, We eii d the ijear ivith 33 active Elders (16 men and 17 viomenl, and 7 retired Elders. Trustees, Responsibllltles In Relation to the financlal Statements The charity Trustees are responsible for preparing a Tru5tees' annual report and financial statements in accordance wFth applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), The law applicable to charities in Scotland requires the charity Trustees to prepare financial statements for each year which show a true and fairview of the state of affairs of the charity and of the incoming resources and applicatlon of resources of the charity for that perlod. In preparing the financlal statements. the Trustees are required to: select suitable accountino policies and then apply them conslstentlyi observe the method and principles in the applicable Charitles SORP; make judgements and estimates that are reasonable and prudent; State whether applicable accounting standards and statements of recommended practlce have been followed, subject to any departures disdosed and explalned In the finarncial statements; prepare the financial statements on the going concern basis unless it 15 inappropriate to presume that the tharity wlll continue in operational existence. The Trustees are responsible for keeping proper accounting records which disd05e with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charitie5 and Trustee Investment {Scotlandl Act 2005 and the Charities Accounts (Scotlandl Regulations 21JJ6 las amended). They are also responsible for safeguarding the assets of the charity and hence for taklng ieasonable steps for the prevention and detectlon of fraud and other Irregularltles. The Trustees are responsible for the maintenance and Integrity of the charity and financial informatSon on the congregation's webslte. Legislation in the United KingdDm governing the preparatlon and dlssemination of financial statefflents may differ from legislation in other jurisdlctions. Approved bytheTrusteos and signed on their behalf.
Shenvood Greenlaw Parish Church of Scotland SC 007484 Independent Examiner'5 Report to the Trustees of Sherwood Greenlaw Parish Church of Scotland I report on the accounts of the charity for the year ended 31 December 2024 which are set out on pages I to 11. Respective responsibilities of trustees and examiner The charit¢s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotlandl Act 2005 and the Charities Accounts (Scotlandl Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10111 lal to Icl of the Accounts Regulations does not apply. It is my responsibility to examine the account5 as requlred under section 4411) Ic) of the Act and to state whether particular matters have come to my attention. Ba515 of independent examlner's statement My examinatlon Is carried out in accordance with Regulatlon 11 of the Charities Accounts {Scotlandl Regulations 2006. An examination includes a review of the accounting record5 kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the trustees concerning any Such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. Independent examinerfs statement In the course of my examination. no matter ha5 come to my attention which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with Section 44(1) lal of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and to prepare accounts which accord with the accounting record5 and comply with Regulation 8 of the 2006 Account5 Regulations have not been met, or to which, in my opinion. attention should be drawn in order to enable a proper understanding of the accounts to be reached. Date:
fry 0 4) ol C 00000 000 O O LTJ Ln 40th00 othoi Lno rr4 rfb ¢n ri vi 0000 ooo m400 Q)
Sherwood Greenlaw Parish Church of Scotland Balance Sheet At 31 December 2024 2024 2023 Note Fixed Assets Tangible Fixed assets 84,330 87,726 Total Fixed Assets 84.330 87,726 Current Assets Debtors Bank and cash io 9,494 212,015 221,509 6,569 209,418 215,987 Creditors Fallingdue within one year li 4,481 4,481 2,783 2,783 Net Current Assets 217,028 213,204 Net Assets 301,358 300,930 Funds of the Charity: Unrestricted Income Funds Restricted Income Funds 14 14 276,339 25,019 279,064 21,866 Total Funds 301,358 300,930 The accounts were approved by the Kir For and on behalf of the Kirk Session Session Clerk Treasurer Pag¢ 2
Sherwood Greenlaw Parlsh Church of Scotland Statement of Cash Flows Year ended 31 December 2024 Total Funds 2024 Total Funds 2023 Nots Net Cash (used Inllprovlded by Operatlng actlvlties -6,340 -5,371 Cash Flov from Inve5tlng Artlvlties Interest and dividends Purchase of fixed assets Proceed5 from sale of investments 8,937 6,708 Net Cash provided by Investlng activltles 8,937 6,708 Cash Flows from Financlng Artivities Repayment of bDrrowings Net Cash provlded by Flnanclng activftles Change In Cash and Cash Equivalents In the year Cash and Cash Equivalents brought forward Cash and Cash Equlvalents carrled forward 2,597 1,337 209.418 208,081 212.015 209 418 Page 3
Sherwood Greenlaw Parish Church of Scotland Accounting Policies The princlpal Bccounting policies, whlth have been applied consistentIy in the current awjd predIng year In dealing wlth Items whlch are consldered material to the aoUnts, are set out below, Basls of Preparatlon The accounts have been prepared In accordan with Accounting and Reporting by Charltle5- Statement of Recommended Prartice appllcable to charitles preparing thelr accounts In accordance wth the Financial Reportlng Standards applirdble In the UK and Republic of Ireland IFRS1021 Issued on 16 July 2014 and the Financial Reportln Standard appllcable In the UK and the Republic of Ireland IFRS 1021. the Charities and Tntstee Investment Ikotlandl Act 2005 and the Charities Accounts Iscotlandl Regulations 26 las amended). Funds Funds are tlasslfied as either restrltted funds or unre5trltted funds, defined a5 follows. Restrirted funds are funds 5ubjett to Specific requlrements a5 to thelr use which may be declared by the donor OY wlth thelr authoiity or createij through legal prccesses, but still within the wlder objects of the charlty- Unrestrlrted funds are expendable at the di5cretIon of the trustees in furtherance of the objects of the charity. IFparts of the unrestricied funds are earmarked at the di5uetlon of the trustee5 for a particular purpose, they are designated as a separate fund. This deslgnation ha5 an administratlve purpose only and does not legally restrlct the trustee5' dlscretlon to applythe fund. Where the specific purpose of the fund is not known with rtainty. the fund has been classified as an unre5trtcted fund. Income Income Is recognlsed when the charity has entitlernent tothe funds. any performance conditions attached tothe item{51 of income have been met, it is probable that the income wlll be received and the amount can be measured reliably. Donated servIs and Fac51itle5 Donated professlonal serwce5 and donated fadlfties are recogntsed as income Ythen the charlty has control overlhe Item, any conditlons associated wlth the donated Item have ljeen met, the reIpt of economic benefit from the use bv the charity of the item Is probable and that economic benefit can be measured rellably. In accordan vAth the Charities SORP IFRS1021 the general volunteer time of congregation members 15 not recognlsed. On recelpt, donated professlonal serv1$ and donated faolitles are recognlsed on the basis of thewalue of the gift to the tharitywhich15 the amount the charlty would have been willing to pay to obtain services orfadlities of equlvalent economlc benefit on the open market; a corresponding amount is then recoBnlsed as expenditure in the period of recelpt. ReSoue$ èxpended Expendlture is recognised on an accruals basls as the liabillty Is incurred. As for income above, all expenditure of the organisations has also been amalgamated and noted in a separate line in note 5 below and the funds reported separatety In Note 14 a5 for Incoming resources above. Interest Reeèl¥able Interest on fLknds held on deposlt Is Included as tl accrues and the amount can be measured reliably by the charity- this is normally upon notification of interest paid or payable by the bank. Page 4
Sherwood Greenlaw Parlsh Church of Scotland Accounting Policles (continued) Tanglble fixed assets The charrfcy has tltle to the Church, halls and Manse which are shown in the aetounts at the grEinal hlstorical cost, Expenditure incurred on the repalr and maintenance of these asgets Is charged as resources expended in the ststement of financial activities in the period in which the liablltty arises. All tangible fixed assets C05ting In emSS of £l,(NJO having a value to the charity greater than one year, other than those acqulred for specific purposes, are caprtalised. Depreciatton LE provlded on a straiEht-line basis to write off the cost or Initlal value, less residual value, of tangible fixed assets overtheir estimated usefvl Iwes.. Church and Bulldings lincluding Manse} Buildings fixtures and frttings Furnlture and office equipment 40 years 5 years 3 year5 Investments Fixed asset Investrnents are stated at market value at the balance sheet date. Unrealised gains and losses represènt the dlfference between the market value at the beginning and end of the financial year or. if purchased In the year, the difference betweerk Cost and market value at the end of the year. Reallsed gains and losses represent the difference between the proceeds on disposal and the market value at the start of the year or c05t If purchased in the vear. Taxatlon Sherwood Greenlaw Parlsh Church of Scotland is recognised a5 a chartty for the purposes of applirdble tsxatio legislation and is therefore not subject to taxat¢on on its charltable activities. The charlty is not registered for VAT and resources expended therefore Include irfecoverable iNputVAT. Page 5
I"N'nH ll n n-n-nll n 'N N'n NN ooooo Iii- oco ¢nOOIO 00000 Iii- 000 n n n n-ln cn O O io
(*J ry ooo ooooootsoeo o(0 oooooootsoo VJ oooooooooooooo ttmoooooooooooo Ln r¥ ID (n V Orfi (Yi S'£f511 w¢n
?£ J o
ShLNwood Greenlaw Parish Churth of Scotland Notes fom)IbW part of the flnaTrCl 5taternefits for the year endad 31 December 20241(ODtinu8d 20 7 51•lfo75LS numbers S31Jrle5 WaBe5 SoctsS 5e¢'JrftyKpenQn costs Tolal 19,U9 1,025 20,2 19.124 223 19,347 Til e avera8e nurnbErofempbyeesdwSng Ihe yÈar. cakLIatsd theb&sL8ofa cwllLwasa>foIk. J14 AdmIniraOn premlseslmakntenance è40 wrpbyee had 8rnWoyeo beneiits or¢)vorLU I3. nlll. JI thurch of ScotlaTrJ cixweB3Vons ¢tr7)th lotw Naival St1pY Furrfl bear5thE Costsofall mlnL4ter¢ #Whls and empkyerfs Contr1[donsf0r national irwran£e, penJm?ndlM)u51 aixl loan fvnd. Mithtsters. sUpEry.ds are pakl in corJartte wlth the n4tlonal stSpeThJ scJ12, whTth Is related toyears tsf. FoTth2 5Vdf under Mryew the sdpeThl wa5 Ql&12and Ihe maxSmum 5bpend finthe fifthand yJb%equont ycars) £38W. TN#e¢ RènuNwatlon and Relthd PaityTAnsackn5 The Qhurcn pakl £SOoftya¥elllng and simibr •se5f01 addition. ÉgJ4 vrds paid Councll Ta¥forthe fvlan*. No trusiee5 rdmbur5ed personal ceesOn behalf oftre (htrth thlsyear. Noother busiee or a pÈrg)n related to a tru5oe had htsre5tln arycantractortrartsactiM ernteo Into by the clartty db'ring the year. DUrIthe year, an£&1d WtslamouMoff28,411 wa5 donated EOrtty by it5Trns 9 TantbleFlxÉdAssets Office Totsl Cost Ihtswrkall Al ljdnuary ILF24 AddlUNs DIS8 At3LDecwibw 2D24 147,836 27,45 6.313 1,649 147AaS 27.49) 6,313 181 39 tcumulated Depred8tkn At i Janu3ry 2024 Chor£e roryr Ellmlnated on DlspDsaLf At31 2024 9D 313 3,913 3.3% 63.5C 27AYJ 6.313 97,X)9 NetBookValue A131 2024 84.330 At31 2023 ,726 87,726 Pa8e 8
Sherwood Greenlaw Parlsh thurth of Scotland Notes fomilng part ofthè flnandal ststements for the year ended 31 De¢ember 2024 {contlrud) lo Debt$ GIftAld Relund Due Insurance premlws prepak oth debtorslprepaymertls 4.176 4365 11 tsqdllo Accr15 SundryCredltor5 4A81 2.783 12 Analyslsol NelA55ets Affl Funds Totsl Trlxed Asset5 Current Assets Current abIlItieS Netassets at31 21tt4 84,3 221,509 4,481 301,358 13,753 181737 4,181 93.f 25,0 182,737 25,019 13 VoluDteErs In tMOn wlth all£oD8tsgaUonsof the Church ofscoyand. Charttybenefltsfrcffi the ¢(K)trlbuiJonsnde by ¥dUntee wTrK>8È thdrdme and tskntswiifithfw the Churth.Tr areasof¢oA8re8atknal Ilfe whlch rely Dn the contsltMJdon5 of volunteers are [nanyal wdried and much oftheaciMty¥ffAJkl be unable tocentynue were It the comTr4tment5hown bythese %x)luntee AtlJ•lillWI Imtwne Re10/ At31 DÈtt4Y Tr•thrs R•rtrfcted funds Mln15ter Bene¥dent Fd l The Reld La1t Bwue5t Junior Church Chelr Account QuortGmup scal Comrnittee Fabrfc aTKI Mlnlstertal A85151ance Account C General Fund- Muslc Re50ur£& Fund GÈner81 Fund- Fund-R8lskng era1 Fund- Hardshlp Donatlons General Fund-wednesdayworshlp 552 552 1486 237 -312 379 493 5M27 25,OJ9 Ithrestthted funds Fabrlc ad Mlntstertal A551stsntÈ AcoJuntC(3 FMACOS InvestorTw5t Fknver5 Fund fjeneral Fund 2018 Mlssk)n and Outre3th 2018 Mlnlster $trOrtary Fu 2019 General Purp05e5 Fnd 8LY5 85A44 41243 L248 916W4 19,785 ZSJ3 W9 -310 -114 104%1 18.797 2,787 146 279 li -114.399 276 39 Totsl fvhds 3[X>, t99 -115A71 301358 Pa8È 9
Sherwotsd Greenlaw Parlsh Church of Scotland Notes furmlnB part uf the Ilnandal statements for the year ended 31 Dember 2024 {contlnuedl 14 movem kn Funds Iconllnuedl of Restritted Funds M1nlster Benevolent Fni1.. Thi51s a fund to be usedatthe dkcrebonof the Mln15ter. The Reld iatront BÈque5t.. Thls lsa fvnd where thelntsrestearned tobe pald tothe Mintsterfor be¥ent purposes on an annual ba5. The remalnder ol the Funds Uunlorowrth, Choirand Sclial Commltteel are held bythese organisatlons on their own beha tO¢OvErthelro specffj¢a¢iMtles. Fabrfc Mlnlsteria,. A5515tsnce AccTrt-the reThainln8fvTr95 held Sn this accounta t¢strkted In USÈ areto be used atthe discredon of the Org8nLst and AowerCcKwen¢Klan even splttl. The mUClI ResDurces Fund Isto be used to oncourage devel¥ment ofmu5ical resourwforthlklren and people in theCOne£8t)n. General Fund (FunJ-ra1nÉ1-th7S ac£0untwntainsfiFndswlfjtha trackedsepardtelyand whlth are tobe used forthe purPe5 of Ha Is Devdopmert. Gener81 Fund IRepalrDonatlonsl- thls a(cnt contslrtsfundswNch aratsacked seporately and whkh aretDbe used forrÈ-plen15hmentolour 2018 De518nated Fvnd5Ythkhknre used In2019. Fundsare donation5towards repalrc05ts. General Fund I[braon51-these weTÈ awardsftcrfn SCOTMID. the Hope7rnst and 111 the Beans to support hardship In the commun. General Fuid (WeasdaY Worshlpl-thlsaccount t0ntslnsfvndsw1th aretrnLed separatdy and wNth are to be used tocoverexpenses a5$Lated wlth kwnnln£ iNsWotshlp group. Pur osesof Unrestrftted or De51 ated Fund5 Fabrfic and Minlsterlal AsslstanceFund..TheTruslees sèt aslde hjnds hthe malntenance olthe churth propertyand fsUpr)rtinB rey)urce5 tosUppmentthe Ministerasmlght r4uld.Thi5 account now been splttlnto t%w accountsone ofwhlch ts wlth Churth of Inwtor's Trust Flower5Fund.. Funds355oKaated wfjlh FloWer5ldonatlsle¥pendrtrej are held In o de51gnated account forall Flower-related actNkty. The General Fundlsthe maln Church operatin¥atlXttrt. The balance1deS arnountsthlch relatetocapltal ewendlwre on the Churth and its bullthing5. The 2018 Mission and Outre3ch Fur Isto CV4erc05ts 3nd fundlngof Fmmtbons InecesSary) tosupport ouron8olng Mlsgion locJl communoty Outreath programme> The 2018 Minister Elsc¥etlonary Fu1 Isfor inttlotives arKI projects led by ourMlntsterand15to be used athi5 dIsCreo. The 2019 Generdl Purposes Fund wa5 set up to 8enerate SOMÈ Intereston surplus (th held In the fjener31 Att(xJnt and to aJ¥Èrany cngdn8 rnalor repalrcort5forthe Churth. 15 Recondilon of Net M¢J¥hl Sn FwKlsto Netcash FlrMfvtyn opvadnBact¥ 2023 MBt Mo¥ementln Funds Add Bai*-DepreclatiOm Charge Deduci. Interest Incon (InceIDeée In Debtots In¢rea5ellDecreasel In Creditors Netcath (Llsed Inl/Provided ByOptratlrfAttfvA 428 3,396 -8.937 -2925 1,698 -6.340 -3,157 4,967 -6.7D8 1,217 -1,690 -5,371 16 ColledDn5 forrnrd Partles 2024 2023 DEC SyrIanrkeyAppEal MITln Project Good fDrEveryone IMlliarn5burEh Christian Renfrewshlre Foodbank Renfrewshlre Wcfflen'5Aid- estlmate 244 408 408 720 L526 1.357 5fKfr 3.383 2,280 In addlOn, food (olleconS were rnade thrthJghtyrttheyearforthÈ Renfrew5hlrÉFood Bank. Don)tk)nsof hats, stanies and gloves were made to wl11amsJr8h SclK)oI.
Sherwood Greenlaw Parish Church of Scotland Appendix FUNDS HELD ON BEHALF OF THE CONGREGATION BY THE CHURCH OF SCOTLAND GENERAL TRUSTEES 2024 2023 CAPITAL ACCOUNT Credit Balances held at 31 December at cost 35,C 35.0(KJ Market Value of Balances at 31 December 51.229 48,807 REVENUE Accoumr Credit Balance at 31 December 11.079 15,309 P8geJi