Scollish Charilv No. SC007775 Rl Urquhart (Ferintosh) & Resolis Free Church of Scotland FERINTOSH & RESOLIS FREE CHURCH Trustees, Report and Financial Statements For the Year Ended 31 December 2024 Urquhart (Ferintosh) & Resolis Free Church of Scotland Contents of the Fingnelal S¢alementsfor Iheyear ended 31 December 2024 Page Church Information Report of th¢ Trustees Report of the Independent Examiner Receipts and Pairynents stat￿nent of Balawes Notes to the Financial Statements Analysis of Receipts Analysis of Payments Urquhart (Fcrintosh) & Resolis Free Church of Scotland Church Information Trustees A list of aetive TTUStees durin8 2024 is provided in the Trusfres, Report on Page 2. Postal Addre Urqul]art (Ferintosh> & R¢solis Free Church Alraig Collon Bridge IV7 8HX Tel.. 01349 866067 wwiv.ferlnloshandresolisfreeehur¢h.com Chur¢h Buildings Fcritltosh Frcc Church Alcaig Conon Bridge Ross-shire IV7 8HX esolis Free Church Newmills Kesolis IV7 8LN Bank¢rs Bili& uf Sutstland Htgh Street Dingm'all IV15 9HL Sollcltors Murchison Law 5 Ardross Terrace verness IV3 5NQ Tndi. i'ndi'nt F.i.Iniini'r TiilloLh Avenue Din8M'all Page I Urquhart (Ferintosh) & Resolis Free Church of Scotland Report of the Trustees Thc Tru5te¢s are pl¢ascd to pr¢sent iheir report to(vethet with the financial statements of the church for the year ended 31 December 2024. Status of Charity xnd Governing D￿￿￿ent Urquhart (Fcrintosh) & Rcsolis Free Church of S¢otland is established by ConstittLtion. It is a registred Scottish Charity (No. SC007775). Aim3 and Affiliation Urquhart (Ferintosh) & Resolls Free Chtsrcb of Scotland is a conbregation of the Free Cburch of Scotland working towatds the cvrntnun diills set out ￿l￿W It 15 a PtC5byt¢riatk church adhciing in its w0￿￿1p atid dorttinc to thc p051tioll olthc ChurLh of Scotland 31 the Refornuiion. The Free Church of Seotland has an explanaiory document which explains the origins of ihe Chutch and wbich gives the historical b￿kground io the Church comiryg into being in 1843 and lists documents in which is emboth¢d the ¢onstitution of the Church. The document Is available on request from the Free Chutch of Scotlan(L 15 North Bank Si., The MOU￿A, Edinburgh, EHI 2LS. The Free Church of Scoiland ell￿ntlY has over IIX) congre￿tio￿5 tn Scotland, as well as in London and four in North Amcrica, and sister Chur¢h¢s founded by mI￿10n work in India, Pcru and South .4frica. The Church also bab, a setnillary in Edinburgb for the training of miniiters and other Christian workers gnd sustains an extensive missionary programme relats.ve to the size of th¢ church. The principal aclii'itj, of the Church is the conduct of public M'orship and &sso¢iated matters in the context of local congregations. Daiing from 1843 but with its roots in the Refornlalion. the Free Church of Scotland ow££ its distinctive title lo its kn'storical strllggle to remain 'free- frnm state interference in il.s internal affair%. li has close and active relati()n% with many (Jther Refnrmed chiirchef of Jesiis Christ tlwoiighoiit ihe wtrld and Stands firnily in the tr2ditioll ￿.￿l¢h aeeeptg the Bible in its entirety as the Word of God And. therefore, derives its forns of teaching. worship, ministy and government from it. The main emphagis of our worship is the preaching of the gospel - th¢ go(Kl ne￿.$ of a free and sovereign salvation ihrougb Jw$ Cl]ri51 alone. Th¢ is authoriscd bj thc ChurLh io have a ninisier paid from central funds of the Church. The church buildings and Ihe MI￿s￿r"S manse are the propttty of the COngreg￿lon and are held under the Church'5 rnodel trust deed. Trustees and Office Bearer5 The rongrcgalion is governed and adrninistered by elected otyice bearers (all volunteers) and its minister. The Kirk Session, ￿Ing the minist¢r and elected elders. has responsibility for spiritual oversight. while tbe Deacons, Court. COtntK)sed of Kirk Session meM￿rS plus elected deacons. oversees f]nancial and propety matters. Under Charity Law. the Deacons. Court are deemed to be the trusiees of congregation as those with responsibilty for day to day management and control. This is distinct frotn the role of PT0￿rty (congregational) trustees who are responsible (mly for holdiTJg propety in trust. The mernbe￿ of the ikacons. Court {the Tn￿lees) who selved during th¢ year were as follows:_ De4eorts' Court Elder DeuL(JI MEnisier Treasurer Con re ational Trustee Page 2 Urquhart (Ferintosh) & Resolis Free Church of Scotland Report of the Trnstees Appointment of Charity Tru$ttt5 The Kirk Session exercises its di5CTeiion in detemiining the most appropriatc method of electing new Trustees (Elders. De2eons and Cornmittee Members). An>" election process must involve the Communicant membership of the Congregation. There 1> no fixed tenn for Trusteeship. Prior to their gptx)intrnent. new Trustees would Se￿ed the Chureh for some tim¢ irt various roles and would be familiar with the Church's values. its aims and objectives as well as its day-tO-da> operations. As part of their induction progrnmmc, n¢w T￿￿t¢¢3 ￿qUired to understand their sta￿lOry respotksibilities as well as the r¢spoiisibilities of their otTRce within thc congrcgatson as ¢ld¢r or d¢acon. Activities Achieve￿ellts During the year. the Congreg￿10￿ reglltsrfy for public wotship aTrJ catried out various aciivilles tn pu￿ll1t of rhe above siaied aims. The congregation contsnued its conlltutsn¢nt to suppon the National Free Church of Scotland both spiritually and fmancially. Significant highliglxs, evenis and develotThents of note in the year i￿lUde the following". - In rel?tian to congreg*tion21 grtivitiès-. During 2024 our Church builthngs were open for the full year. We continued to Livestream our se￿ices (and Zoom some Pra)'er Meetings) during Ihe year to bling the Gospel to our own folks and also to & worldwide &udien¢¢ through our YouTube Channel. Other activities included: Bcncyolcnt ￿nd payments to nrtdy indivKduals froin tIK wi&r c￿nMunity. Itl Person Childr¢n'5 Sundav School and Holiday Club. In Person Youth Fellowship. Jn PersoTh Women for Missions Group Meetings. Gifts to Charitable cause5 and support of hdission and Christian Aid organisations. Jn Person17x>om w¢ekl)' Bible Study Groups a￿1 monthly Community Cjroup meetin Monthly Bile and Blether Community Cafe. fortni8htly Hobbies and Hobnobs 8et-tO8ether$ Open Air Servic¢ at Historic Site knOTh￿ as"The Burn of Feiintosh" In relation to congregationthl fundlng- Donations from Chuich members by weekly offerings, pavments directly illio BanL or Paypal. Tax amounting to i211,621 recofvered from HMKL via (lift ￿"d wclaims. The women of the congregation contributing an annual total in April of £525ry for the IVFM fund. Bite & Blether coffee mornings rdising £800 which will be donated to The Mission to Seafarers. We used £51.000 from the Fabric fiJn￿ for a variety of PTojects. but to offset some of these cosls w¢ raised £12.700 in specifie "appeal" donations and £9.56Q from grant an)lications. Resen'es Resultsfor iheyeor As a result of a deficit for the yeai of (£4 76)) the Church held unrestricted funds amounting to £24,136 at the year end. That consisted of a General Fund amountin8 to £1,976 and Designated Funds a baltsn¢e of £22.160. Restricted Fund& totalling £30,565 We￿ also held in addition to Endowment fiwds of £10,000. The tntstees ate satisfied with the l¢vel of reserves retained by the charity. On behalf of the Trustees Page 3 Urquhart (Ferintosh) & Resolis Free Church of Scotland Report of the Independent ExamiDers to the TTU5teesforthe vear ended JI December 2024 I r¢port on thc aCC￿ntS of the ¢hurch for the year ended 31 D￿ember 20?4 wbich are set on pages 5 109. Respective responsibilities of trustees and examiner Thc ch716 X135 64700 261 Page 6 uhart Ferintosh & Resolis Free Church of Scotland Notes to the Financial Statementsfor theyear ended JI December 2024 l. Accounting Policies Accounting Convenfton The financial stat¢m¢nts have been prepared under the histOriC21 cost convention. and in accordance with the Charities Accounts (Scotland) Regulations 2(Kl6. Bqsis offin4n¢ial slalements The fllwicial statements have been prepared on a r￿CIpts and payments basis. Flxed Assets The Manse and Church Building5 have not been valued, so llo value is shown per recommended practi¢ Receipts and Payments Account For the putpose of the Receipls and Pa￿ents account as shown on page 5, fimds are defined as follows.. Unrestricted funds comprise srant5 and oth¢r incom¢ received for the objects of th¢ church without further specifjed purpose and are available as general fimds. Designated fimds represent unrestTiCted funds which have been earnkarked by the Trustees for particular pury)oses. Restricted fund5 comprise income which has been received for the objects of the church and specified for a restricted purpose within these objects by the donor. Page 7 Urquhart (Ferintosh) & Resolis Free Church of Scotland Analysls of Receipts for theyear ended 31 December 2024 Totsl G•n•r•l D•¥lgn•l•d ft••trlct•d LaFt >• 1102.￿￿ 11Q3.ETrrfr￿(41￿Yl￿￿ 6ffj10 1310 4.79) 11(ffj. T•[P•)￿￿C￿Ul1•J 17m7 17 *.716 7A72 7325 11071 7m1 7QS49 1MO39 13*621 312 183 312 Ix 121 1121.P¥¥trKtyYKI Inv•¥bMnt Irbcom• Tot•l* Jn 7on2 79.042 114720 126￿35 Page 8 Urquhart (Ferintosh) & Resolis Free Church of Scotland Analysis of p8yment5for theyear ended 31 December 2024 Tolal G•n•rnl Db*n•t•d R•*trkt•d Thts L••t y•4r 1313.2••M.C* 719 747 1331. T•iw( 1370.G ts175 318 3S 4521 78.38• 16*482 103.11• 7W 1￿￿82 1￿11• Page 9