The Church of Scotland Greenock The Mount Kirk RECEIPTS AND PAYMENTS ACCOUNTS FOR YEAR TO 31" DECEMBER 2024 Congregation Number 150827 Charity Number SC008357
Charity Name.. Greenock The Mount Kirk Charity Registration Number: SC008357 Congregation Reference No.. 150827 Contact Address: 95 Dwnpster StrccL Greenock. Tru8tee8 Principal Office-bearers Minister. Session Clerk: Church Tre&8urer: Independent Examiner Bankers The Royal Bank of Scotland. 122 Cathcart Street Greeno¢k PA15 IBA
Greenoek The Mount Kirk Trustees, Annual Report Year ended 31 December 2024 Structure, Governance and Management Governing Document The Church is administered in accordance with the ternis of the Deed of Constitution (Unitary Forni). Recruitment and Appointment of Trust¢¢s Members of the Kirk Session are the charity trustees. The Kirk Session members are the elders of the church and are chosen from those members 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. Organisational Strnctur¢ The Kirk Session is moderated by the minister and meets five times in a year. Certain responsibilities are delegated to the Finance Committee and the Property Committee as appropriate. The Kirk Session is responsible for spiritual and temporal affairs within the church. Objectives and Activities The Church of Scotland is TrinitarAan in doctrine, Refornied in trddition and Presbyterian in polity. It exists to glorify God and to work for the advancement of Christ's Kingdom throughout the world. As a national Church, it acknowledges a distinctive call and duty to bring the ordinances of religion to the people in every parish of Scotland thTough a territorial ministy. It co-operates with other Churches in various ecumenical bodies in Scotland and beyond. Services of worship - One service on a Sunday at 10.30am with additional services at Easter and Christmas. Youth activities- Boys, Brigade, YoungLife. Sunday School - Caters for age 3 up to 15 Crèche- Caters for children under age 3 Socia] events- We have a committ¢¢ that organises social events t1ughout the year to promote increased f¢llowship and assist with fundraising. House groups- We have small groups that meet for bible study and prayer throughout each week. Th¢ Tuesday Chit Chat Group which m¢ets on Tuesday afternoons encourages infonnal social interaction to try to minimise loneliness an]ong members of our congregation and members of our local community. Mothers and Toddl¢rs Group- meet5 in the hall each week for 1.5 hours. Praise Group- A group comprising members and non- m¢mbers of the Chutch which meets weekly to learn and sing Christian Songs. sometimes perfornling during Sunday Services and at local religious musica] events. Bible Study Group- meets weekly for Bible Study and discussions
Greenock The Mount Kirk Truslees, Annual Repurt (cont) Year ended 31 December 2024 Achievements and Performance Our w¢¢kly Sunday morning attendance averaged about 45 adults and 2 children in Sunday School. Our Boys, Brigade had about 80 boys participating each week. Our more recently fomied Youth Groups, Young Life Group and have about 20 Tegular attenders. Our more recently fornied Youth Groups, Young Life Group and have about 150 regular attenders. The Mothers and Toddlers Group was attended by about 18 childrcn who came along regularly with their parents/guatdians. W¢ have now started up the majority of OUT aotivities as they were before Covid, including coffee rnornings for the BB etc Financial Review Toial Donations received were up from £41,020 in 2023 to £66.876 for 2024, an increase of 63.OYo. This increase was largely due to Gift Aid tax reclaims which were brought up to dat¢ in 2024 with three years, claims received. In 2024 w¢ Success[lY drew down £6,861 (2023 - £12,806) from the Con501idatcd Fabric Fund held centra]ly being refund of eligible fabric expenditure. The accounts record a nel surplus in 2024 of £18,171 (2023 net deficit of £4,834). The Bank and Deposit Balance at the end of 2024 increased from £26,742 at 2023 to £44.913. We look confidently towards the future from a posilion of financial stability. Reserves Policy It is the Trustees. policy to hold immediately available reserves of approximately nine months expenditure and maintain a re&80nable level of investments to ensure the long ternk fmancial security of the Church. At the yearend ihe ChuTch held unrestricted, immediately accessible Bank and Deposit Balances of £35,875 a figure £17,61 O higher tban last year. The Church also h¢ld £9,038 of Restricted Funds which have been designated for the pUnSeS ycified in Note 2. Statement of Trustees, Responsibilities The memlrrs of the Kirk Session must prepare financia] statements which give sufficient detail to enable an appreciation of the transactions of the Church during the financial year. The members of the Kirk Session are responsible for keeping proper a¢¢ounting records which. on rqucst, must refleci the financial position of the Church at that tim¢. This must be done to ensure thai th¢ financial statements comply with the Charit1&8 and Trustee Investment (Scotland) Aci 2005, the Charities Accounls (Scotland) Regulations 2006 and the Regulations Anent CungT¢gaLion(Il Finance approved by the General Assembly of the Church of Scotland in 2007. They are also responsible for safeguarding the assets of the Church and must take reasonable st¢ps for the prevention andlor detection of fraud and other irregularities. Approved by the Trustees and signed on their behalf, Date: 12111 Ilebruary 2025
Greenock The Mount Kirk SC008357 Independent Examiner's Report to the Trustees of Greenock The Mount Kirk I report on the accounts of the charity foT the year endcd 31" December 2024 which are set out on pages 6 to 10. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation ofthe aOunt5 in accordance with the temis of the Charities and Trustee Investm¢nt (Scotland) Act 2005 and the Cbarities Accounts (Scotland) Regulations 2006. The chartty trustees consider that the audil requirement of Regulation 10{ I) (d) of the Accounts Regulalions do¢s not apply. It is my responsibility to examine the accounts r¢quired under section 44(1) (c) of the Act and to state whether particular matters have come to my attention. Basis of independent examiner's ststem¢nt My examination is carried out in aGcoTdance with Regulation I l of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accountF PTesented wilh those records. It also includes consideration of any unusual items OT disclosures in the accounts, and seeks explanations from the trnstccs concerning any such llMtters. The PTocedures undertaken do not pmvide all the evidenc¢ that would be required in an audit, and consequently I do not express an audit opinion on the view givcn by the cOunts. Independent examiner's statement In the course of my ¢xamination, no matter has come to my attention to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Name: Address." Signed Date.. 28rh March 2025
Greenock Tbe Mount Kirk Recei ts and Pa ments Account Year ended 31 December 2024 SC008357 Unrestricted Funds 2024 Restricted Funds 2024 Endowment Funds 2024 Total 2024 Total 2023 Recei Donations Legacies Activities for G¢nerating Funds Bank & Deposit interest Investment income Note 57723 57723 36767 500 5054 1313 2225 5054 1510 2589 837 776 2140 197 364 561 66315 66876 41020 Rental of premises R¢fuiid from East End Parish Church for Shared Expenses Paid by I'he Mount Kirk Funds from Cofs General Trnstees Grants Received Other Receipts Total Reeci ts 1105 1105 290 6861 1500 1114 6861 12806 4350 1500 1114 595 59061 76895 561 77456 Note Costs of generating funds Charitable activities Governance costs 216 59069 216 250 63645 59069 Total Pa ments 59285 59285 63895 Excess of Re¢eipts over Payments for the year before transfers 17610 561 18171 (4834) Excess of Receipts over Payments for the year 17610 561 18171 4834
Greenock The Mount Kirk Statement of Balances SC008357 At 31 December 2024 Unrestrieted funds Rt5trieted Endowment Total Total Funds VuDds 2024 2023 Note B4nk& De osit Balances Bank & Deposit Balances brought fornvaTd 11112024 18265 8477 26742 31576 Movem¢nt in vear: Exccss of Rcccipts over Paymei]ts for the year 17610 561 18171 (4834) Blk & Deposit Balances carried forward 3 I1IJ2024 35875 9038 44913 20742 Investments at market value Reserve Fund (Cost £60034} Ben¢volent fund (Cost £1322) Christian Edn. Fuiid (Cost £4310) Wilson Purdon Fund (Cost £632) Total {Cost 6298) 73416 73416 2050 69306 1933 2050 5796 5796 5637 785 8631 785 82047 778 77654 73416 NIL Assets Greenock East End Exp¢nscs Gift Aid Receivable 1275 5000 1275 5000 1114 14165 6275 NIL 6275 IS279 Liabilities NIL NIL NIL The accounts were approved by the Kirk Session on Date: 12th February 2025 For and on behalf of the Kirk Session and Financial Board
Greenock The Mount Kirk Notes to the Accounts l Trustee Remuneration and Related Party Transactions During the year the minister, the trav¢lling expenses and for payment o , received reimbursement for ouncil Tax totalliThg £4720 (2023 anse eceived payment of £2080 (2023 £2120) for the cleaning of the Church and Halls. 2 Movements in Funds At31 Dee 2024 At l January 2024 Receipts Payments Transfers Unrestricted funds Reserve Fund 26297 2481 10513 18265 2863 1500 72532 76895 (300) 28860 3011 4004 35875 Wgm Places (970) 58315) 59285 General Fund 300 Restricted funds Flow¢r Fund Christian Education Fund Wilsgn Purdon Fund Benevolent Fund Building5 Rcpair Fund 327 1635 1106 5386 23 8477 332 1930 1194 5545 37 9038 295 88 159 14 561 TOTAL FUNDS 26742 77456 59285 44913 oses of Unrestricted Funds Reserve Fund.. 'I'he Trustees have set aside this fund for any Church purpose. Wann Pla¢¢s Fund . The Trustees have put aside this fid for the purposes of providing wann spaces and food for the Comrllunity. Qeneral Fund.. The Trustees have set aside this fund as th¢ day-lo-day Income and Expenditure Fund. oses of Restricted Funds Flower Fund: This is a fund to provide flowers. when rcquir¢d. for display during s¢rvices of worship. Christian Education Fund.. This fijnd is used for the purpose olpurchasin8 teaching rnaterial for all organisations alld Church. Wilson Purdon Fund: This fund is used for the purpse of purchasing bibles for presentation to new Elders for presentation to them on the day of their ordination to the Kirk Session. Benevolent Fund.. This fund is used for memlxrs of the Parish and the Church in tim¢ of need. Buildings Repair Fund.. This fund is to b¢ used for any refurbishing of the Church and Manse.
Greenock The Mount Kirk Notes to the Aceounts Continued Unrestrieted Restricted Funds 2024 Endowment Funds 2024 Funds 2024 Total Total 2023 2024 3. Analysis of Donations WFO Scheme (non Gift Aid) Gift Aid Donations Tax Recovered on Gift Aid Donations Ordinary Offerings (Open Plate) Other Offerings, Donations etc Total Donations 20676 15253 19999 20676 15253 19999 13259 21471 1795 1795 1775 262 36767 57723 NIL NIL 57723 4 Analysis of Payments Cos1$ of generating funds Offering envelopes 216 216 216 216 250 250 NIL NIL Charitable activities Giving for Growth allocation Presbytery dues Minister's travel expenses Pulpit supply Other staffing costs Fabric repair5 & maintenance Mans¢ Council Tax Heat and light Insurances and Copyright Licence Printing. Ststionery, Postage Church Broadband Advertising Manse Telephone Other expens¢$ 28797 28797 29484 507 l371 580 6178 11782 3619 2377 4059 214 387 ioio 300 6136 9096 3710 4623 3462 27 238 ioio 300 6136 9096 3710 4623 3462 27 238 271 1399 59069 271 1399 59069 435 2652 63645 Other payments Total Payments 59285 NIL 59285 63895 Minister's Stipend All Chwch of Scotland congregations contribute to the National Stipend Fund which bears the costs of all ministers, stipends and employer's contributions for national insurance, pension and housing and loan fund. Ministers, stipends are paid in accordance with the nationaj stipend scale, which is related to years of service. For the year under review the minimum stipend was £31,642 and the maximum stip¢nd (in the fifth and subsequent years) £38,884.
Greenock The Mount Kirk Notes to the A¢¢ounts Continued Collections for Third Partie5 2024 2023 Inverclyde Foodbank 195 150 APPENDIX FUNDS HELD ON BEHALF OF THE CONGREGATION BY THE CHURCH OF SCOTLAND GENERAL TRUSTEES CONSOLIDATED FABRtC FUND 2024 2023 Rtal Account Credit Balance held at 31 December at cost 72533 70549 Market Value of Balance at 31 December 106180 72533 Revenue Account Credit Balance at 31 December 36597 37875 io