St.Catherines ARGYLE 2024 Annual Report and Accounts St Catherine's Argyle Parish Church of Scotland Edinburgh Congregation No: 010088 Registered Charity SC009379 St. Catherine's Argyle Parish Church of Scotland, Edinburgh 2024 Annual Report and Accounts Page No Contsnts Trustees, report Independent Examiner's report Statement of Flnanclal Actlvltles Balance Sheet 10-11 Accountlng pollcles 12-17 Notes to the flnanclal statements Page 2 ot 17 St. Catherfne's Argyl• Parfsh Church of S¢otland, Edlnburgh Tru8tee8' report Year ended 31 December 2024 The Trustees present tr￿1r annual report and financial ststements of St Catherine's Argyle Parfsh Church of Scotla1￿ Edlnburgh for the year ended 31 December 2024. The flnancial statements have been wepared In accordance vAth the accounting policies set out on pages 10 and 11 before the notes to the accounts and comply with the General Assembly Regulations for Congregational Finance. the Charttles and Trustee Invèstment (Scotland) Act 2005. tho Charities Accounts (Scotland) Regulatlon8 2006 {as amended) and Accountlng and Reporting by Charltles.. Statement of Recomrnended Practic8 (SORP) appllcable to charities preparing their accounts In accordance with the Financial Reportlng standa￿ appIl￿ble In the UK and Republic of Ireland (FRS102). ObJeclfve8 and acUvlll¢s The Church of Scotland Is TrInStar1t￿ In doctrfne, Refomied in tradition and Presbyterian in governmenl. It exlsts to glorffy God and to work for the advancement of Chilst's Kingdom throughout the ¥vorld. As a national church, it ackn¢)wledges a distlnctive call and duty lo bring the ordinances of ￿ligIOn to the people in every parlsh of Scotland through a lerrltorlal mlnlsty. It co-operates vAth other churches In varlous ecumenical bodles in Scotland and beyond. Th8 regular weekty actlvities at St Calherine's Argyle rary from Sunday worship to the provi8lon of meetlng spaces for communty groups. Pregbytery Ml8slon Plan The General Assembly requlred all Presb>tsrles to agree new ten-year plans by the erKI of 2022 fortha deployment of mlnisters and th8 use of bulldlngs. Faced wlth a substantial reduction in Its number of minlsters, the proposal of the Presbytery of Edlnljuth and Wast Lothlan was to reduce the number of Jurches by forrning groups that would work loward8 union. Tha Plan that was approved by Presbytery asked St Catherlne's Arg￿e to work with Marchmont St Glles. and Momingside United (a Local Ecumenical Pathershlp with the United RefomHI Church) Sn a 'trl-lateral union,. The Plan also notes that our bulldlng is close to thal of Marchmont St Gles, and glves tt a .8, des￿natIOn, meaning that It should be consldered for disposal when shared nwion priorfties and need$ are agreed. The Pr8sbytery has embarked upon a ievl8w of its engagement with Local E¢umeni¢al Partnerships. Thls has prevented the trklateial unlon. 80 wlth Prnsbytery apwoval we focused on ¢reatln9 a naw hurch with Marchmont St Glles, lo seNe ow comblned parishes. There were congregational votes on a basis of union in June but the r8suIi was only parttal approval for the proposal and discussions ¢ontlnue. The Presbytery Deployment Commlttee has been clear that the optlons to bg considered now ara either a unlon Iwlth Marchmort St Glles, and potentlally Reid Memorlal) or dissolution. Wa we gratafvl to our Interim moderators, Adrian Lough arKI then Derek Browning, for their support and guld*)ce In th58 proce88. Achlevements and performan¢e Ono again the year was over8hadowed by the Presbytery Plan. There continues to be apprehensi about what it may mean for our congregab'on and there have been many meetings to ¢on$ider altemative ways to proceed. A consequence of all this work has been that Ilmlted energy has been left for new Initlatlve$. Nevertheless, 'Engllsh Comef Conversation meetings were stsrted agaln and they have attracted a good number of overseas students, particularly from Chlna. Thi8 is seen as a first step towards a wlder student mini8try. Ihh8n we conslder what we have to brfng to the proposed new church, our conclusion Is that the essenllal thlng Is the Intergeneratlonal natu￿ of congregatlon. So, have contlnued to work at belng a muiualty 8UPPOrt6ve church famlly ofyoung arKI old. Staffing'sunday Club,. our thlldren's work, has been a challenge but many members have taken a lurn beeause they apprecSate the Importance of this a¢tivty. We have atso been pleased to welcome $ev8ral new rwar worshlppers during the year and they are helplng with both our chlldren's and student work. P¥8¢ 3 of 17 SL C•then"n• s Aryyl• Parfsh chu￿ of ScoOan4 Edlnburgh W• have cortknued Io u8e the Revtsed COMM￿ Le(*wy to eI￿re that both adults and chlldren explore the same bIl￿e possa9es week by week ￿r the months this has glven us a good overview of Christlan falth as well as a rhythm to the year. In adlfftlon to tho major Christlan festivals of Easter. Pentecost and Chrlstmas ￿ have marked Molh8rirvJ Sunday. Christian Aid Week, Harvest and Remembrance Sunday In swial ways. We have tho c818bratsd IIAY) Child bapb'sms. Soclal occ8SiO have Included a barbecue. a lamlty ¢elklh •KI an to North BeThvlck for students in addttiM to th popular weekly coffee, tea and Jul￿ after ser¥m. W• host R088 Chapel. a Kornan c(xwregakn for th•tr ￿￿klY worshlp. Hall u8ers durfng year Included unIforn￿d argy￿1$011¢￿ for both and g1rf8. the Grange Asso(¥atlon. the Commut Coundl. ballet and other danclng dasses, a mwlcal tsatre group. musical en8embles. fftness classes and chlldren'g birthday paths. The demand for space18 clear V￿1h a Steady flow of enquirles and we want to help oiff Commun￿ In Ihl8 way, but the w88tlon mark over the lut(¥e of our bulldlng 18 problem. A volunteer woup ha8 cort1nL￿d lo rnawtsii the chwGh garden whkh Is open to all and enjoyed by many of our nelghbour8. HaN68t wa8 agakn the occaslon lo o￿lect for a local food bank We contlnue to 8UPPOrt the homel888 In our clty by 8endlng a of ¥O￿nI80r6 to seNe on tho Edtstr￿rgh W MlssionlBethany Chrlstlan TN8t Care Van. The prayer medng8 that started ￿ Marchmont St Glles, In December 2023 have corrtlnuod throughout 2024. We alao joined Marchmont St Gi18s' aThJ ReKI M8mori81 Church for a united carol 8•rvlco In Oecombw 2024. Flnanclal r•vl In 2024 hKom• In th• G•n•ral FWKI •xc••J•d •xp•ndth ty £2.375. Becw8e tha church18 In vacancy, benefft￿ from a reducllon kn our eontritKrtkm to the Glvlng to Grow Fund that pay8 mlnlster8. For many churehe8 thi8 reduction would be offset by pulpii 8upply feè8 aThl pefhaps paylng for pastoral help. We hav• b•en fortunate that church members have been able Kl wllllng to und&tsk• lh￿ ta8k8 at no cost to th• d￿rth. Income from hall fents wa8 £27.952. charg￿ had to be Incxeased sigi¥ficantly lo offset much higher ullllty bllls and cleanlng costs. but u8ern have been undar8tsnding. The rna￿￿ was let for the lull year, produdng nel r•ntal 01 £31,914 after ded￿tIon of managoNw)t Costs. 8Kau8• th• Pre8Wery Plan h88 h&hlkJht•d ¢)wbulW as on• for poJilbl• dljposal. we are pomltted to undertake only mlnor malntenance. T￿ t(l818pent ¢)n l*ic repairs wxl maintenance was £9.714. In addttlon to 88fvEclng of t￿ heaVng syst￿ ￿nUal Sa￿ chock8 thero wa$ oxpendiiure on roof Mpairs and a$soclated Irrtemal decorth to repak damage. th •xpendrture con8train•d whlle pkn• are m•le ft>r nthv unlted church, the congregatSon h88 8 Ilnanclal Surplus m08t months. Members have recognised thi$ and have cut their giviThJ, preferrlng to support other charftle8*thern lrnmedlata 8￿￿Ing can have an knp8cL Thty agreed at the 2023 annual meetlng that donations Could be made fr¢yn church funds for mlsskln actwles mana98d by Oth￿3. t)uring 2024 £2,000 was gNen lo Edinburgh Cty Mlsslon to supwt our local foodbank and a fijrther £2.800 was sent to Frlends of Chogoria for th• h￿PIla1 they support in Kénya. Thi$1s a wole¢t of the Pffjsbytsrian Church of East Afrlca. ￿ere four of our montss have worked. Invèstment pollcy and p•rf¢)mw St Cathwim's has funds In GrovAh and Income Fwwjs of th• Church of Scouand Inve8th Trust and manag8d by th8m li a(urdwKe wAh their pOIc￿8. Rl8k managemont The Klrk S8ssk)n assesses the rfsks to which the Churth 1$ exposed and ha8 pokies to rnitigate them. These ¢over governance rlsk8, operattonal rlsks from chld proteC￿n to fire in the bulldlngs, Ilnanclal rtsk8 arKI ¢wipllanee rfsks. Page 4 0117 St. ￿therIne'S Argyle Pansh Chureh of Scodand, Edlnbu Re8eNes pollcy It18 the Trustee•. pollw to hold reseNe8 of at le48t 8]x Months exp8TrJllur8. A Iwol provldes welcome cushlon at thls tlme ol uncertalnty. At th• •nd of the y8* the Gen8ral Fund had net ass•ts of £110.616. Thls was substantlalty grealer Ihan Genwal w)endilwe durkng Iha ye¥. Str￿ture, governance afid maMg•ment The coffjrngalon Is a regL8tered ch8ty. nLllrt)er SC009379 arxl ig ai*nlnlstered in accordan¢e v*ih the tenn5 of the Deed of Constltutlon (Unitary Fomi) and is suti•ct to tho Acts and Regulations of th• Gfm8rn1 A88embly ofth• Chwch of Sc[e actNIigs Othertrading 8Ctviit 10.450 100 67,228 3.483 81.281 10.450 14579 87.228 1.353 1.171 4,018 Total Incomlng r8goyr 82,614 79.159 78,886 7&886 78,886 7&886 Totsl exp•ndI￿re N•t Incomel(exp•ndltuMI b•forn galn8111088e81 on Investmentslloans N•t gains (l¢)sses) on investments 1376 3.728 1&716 P18 14797 10 1.481 3.325 4,81 1467 Net IncobMI{exp•ndltur• 4678 14182 20,164 Tmsfw5 b8twfr￿ funds 15 135 (135) Nrt movement In fvndg 3,991 18210 20.184 R•conclllatlon of funds: Total fvnds brought forwdrd Yolal funds rArrled forward 1.192.325 1,196,316 48,602 51.145 1238,927 1247M61 1.174115 1.191325 1.218.763 15 Page 8 of 17 SL Cath•rln•'8 Argyle Parfsh Chur¢h of Scotland. Edlnburgh lance Sheet a 1D8 ember 2024 N(ts Total Fund8 Total Fund• 2024 Flxod a888ts Tangtbh flx•d aseets 1,085.700 105,271 1,190,971 1.088.￿0 100,465 1,187,285 io Total Ilxod ass•ts Currnnt a8MI• 11 972 Ca8h at bank and kn h8rn Totd curr•nt 888918 12 58.279 59.251 54,591 Uablllll•o CrnditoryJ fali)g duo wlhin one year Not currnnt auots 13 2.761 86.490 01,602 1,247,461 1,238,92T Th• funds ofth8 ctharfty: 14 1.196,316 1,192,325 Restdthd fund$ Enda￿ent fvnd8 61.145 T¢)tal ¢harfty fund• 1.247.461 1338,V27 The aCco￿lsWere approved ty the trustees on 81h March 2025 and Signed on th￿1 beh•Wty. Page g 0117 SL Catherlne's Argyle Parfsh Church of Scodand, Edlnburgh St Catharlne's Argyle Parl8h Church of Scolland Y•ar •nd•d 31 D•c•mb•r 2024 Accounllng pollcles The wlncipal accountlng pollcle8. whlch have been applled ¢on818tently In the current and precedlng year In dealing ¥￿th items whlch are considered material to the accounts, are set out below. Ba818 of pr•pa￿lOn The lknanclal 8tatemerts of the chafty. vthlch Is a publlc beneflt endty under FRS102, have been prepared In accordance wlth Accountlng and Reportlng by Charltles.. Statement ol Recommended Practlce appllcable to charttt88 preparlng their accounts In accordance wlth the Flnanclal Reportlng Slandard8 appllcable In the UK and Republlc of Ireland (FRS102) and the Flnancbal Reportlng Standard appllcable In the UK and Republlc of Ireland {FRS102). the Chorflles and Trustee Investment (Scotland) Act 2005 and the Charftles Accounts (Scotland) Regulations 2006 {a5 amended). The llnanclal $tst8ments have been prepared under the hlstortcal cost conventlon wlth the ex￿ptIon of Inve8tmenl8 whlch are Included at mark•t value. Fund accountlng Funds ar• cla886fi8d as re•trlcted funds, unrestrlcted fvnd8 or •ndO￿neTrt funds, defingd a$ foll*M. Ro$trkted fund8 are fund8 8ublect to gpoclllc requlrements a8 to thelr u88 whlch may be declared by th• donor or wlth thelr authorfty or created thmugh legal proce88e8, but stlll wlthSn the wkler objects of the charlty. Unre8trf¢ted fund8 are expendable at the dl8cretlon of th• trusteeJ In lurthwance of Ihe oblects of the chartty. If part8 ofthe unre8trtcted fund8 are earrnark•d at the d18cretion ofthe trustees for a particular PUfPO8•, th•y are de8lgnated 0$ 4 Mparate fund. Th18 deslgnatlon ha6 an admlnlstratlve purpo only and doe• not legaty rn8tr1ct the tru8te￿, dlacrdon to appty thè fund. Endowm8nl fvnd8 are fund8 whlch have been glven on the condltlon that the orfginal Capllal sumls not reduced. but ts InGome therefr¢)m h u88d for tho purpose dafirwd in accordance wllh the obJg¢t8 of th• charlty. Incoffllng rn•ourM• Incom8 18 recogn18ed when tho chartty ha8 entNlement to the furKls. any porformance condltlon8 attached to the Itom(s) of lTrcom8 have be•n mot, It IB probablo thal the In￿rne wlll be recelved, and the amount can bo measured rellably. Donat•d Mrvlco8 and facllltl Donated profe88lonal ser¥lc88 and donated fadlllle8 are recogn18ed as In￿Me when the charity has Control over the Itarn. any condltlon8 assoclated with the donated Item have been met, the receipt of econom1¢ benefit from the uso by the charlty of the item is probable and that economic benefit can be measured rellabty. In accord8n(x wlth the CharStlos SORP (FR8102) the general volunteer tlme of congregatlon member8 L8 not recognls8d. OTr recelp( donated professlonal seNlcos and donated fa¢ililies ore recognised on the basis of the value of the glft to the charlty whlch Is the amount the charfty would hav6 beèn wrlling to pay to obtain 88prflce8 or facllttlos of equlvalent economlc benefft on the open market a correspondlng amount Is then recognlsed as expendfture in the perlod of recelpt. Pale 10 of 17 SL Catherfne's Argyle Part8h Church of Scodand, Edlnburgh Int•rest re¢elvable Interest on ￿ndS held on depo8lt18 Included when recel¥abl8 and tha amount can b8 mea8ur8d reltably by the charlty: thls Is nomally upon notificatlon of the interest paid or payable by the Bank. Flxed a8••ts The charlty ha8 tho rlaht to occupy and uso for ts charitable obi8rt8 certain tangible fixed assèts, Includlng tho Church. ha118 and mans•, vested In the Church of Scotland General Trustees. No conslderaljon [8 payable for the u8e of these as8et8. Expend5ture Incurred on thg repali and malntenarnce of these a88ets 18 charged as resources expended In the Statement of Financlal Aetlvltlaa In the perfod In vknlch the Ilabllty arf889. All tanglble flxed a88eis cosllng In excass of £1,000 havlng a value to the charfty greater than one yaar. ather than th088 acquired for 8peclfic purposes, are caplta118ed. Depreclallon Is provlded on 8tralght.llne ba818 to wrlte off the cost or Inltlal value. leg8 resldual value, of tanglble flxed assets over Imlr e8Umated u•efvl Ilve8: Proporty FIxtu￿, fftUng8 and offlce equlpmont 0.1% pa 5 yeaf8 InvMtm•nts Flxed a88et• and Investments are stated at market valua at thé balance sheel date. Unrea118ed galns and108ses represent the diff8rence beiween the marketvalue at the beglnnlng and end ofthe finandal yoar or, If purchgsed In tha yoar, the dlfference belween c08t and market value al the end ofthe year. Reall8ed galn8 and1088es represent the dlfferenee b•lw••n the proceed$ on dlgpo$•l and the market value at the 8t•rt of the year or cosl rf PU￿haSed In the year. Taxatlon St Catherkno'1 Argyle PaA8h Church of Scotland Edlnburgh l• rncognl8•d a8 a charfty for the purpo￿3 of appllcable 18xatlon legSslatlon and18 thernfore not subject to taxatlon on Its charitable actlvltlo8. The charlty18 not reg18tefed for VAT and re￿UrCeS expended therefore Indude iffacovefable Input VAT. Accountlng ••tlmat•• and ludg•ment• No 8lgntficant judg*n￿ts have had to ba made by th• trusiees l) preparlna th880 ffinanGlal statement8. Flnanclal In8trum•nl• Tho Charlty th enters Into bask Ilnanclal Instrument tranu¢tions. Pwllo117 St. Catherlne's Aryyle Panlsh Church of Scotland. Edlnburgh Notas fomiing part of th• financlal stat•mw for the y•ar ènded 31 December 2024 Anatysls of Income Unrn*kt•d Endo￿￿•Tht Fund8 Funds 2014 Tolal Fund DMatlon• & L•o•¢1 Olforings Tax GIft￿j 8.440 2.010 8.440 2,010 12.795 1784 10050 10A60 In¢om•frm ¢h4rftabha¢lMII V4Wdiry and 100 100 100 10 In¢¢>rnfmm oth•rtr4dlng xtl¥lll• 27,952 39.276 27.952 39276 67220 67228 778 518 4.058 1.171 1.171 1153 U36 1847 Page IZ of 17 SL Catherfne's Aryyla Parlsh chu￿ ofScodan4 Ethbu Not06 fonnlng part of the flnanclal statamènts for th• y•ar •ndgd 31 D•c•mb•r 2024 An4￿1$ of •xpondllur• Unn•trlthd TolAI Fundj Mknhtry {GMTrJ lo Gi 24.71x5 441 441 Ey4*n PWSU 104 104 M•M• ¢￿tr F•brfc R•po1rt & M•lrt•Mr Olh•r Chwrh & H•lh Co 9.714 24.021 1413 9,714 21M1 IOS1 1413 Or9￿ & Oltr•r Eywnms 712 1.1(Kl 1.11X) 1,10D LO￿ lrternjt •n. lai•wfiotyto trotxtr•ity and ha4• Th*been Mpgr8*ty thnllfflrAI. Page 13 0117 SL Cathertne'8 Argyle Partsh Church ofScottMd, Eth"nburyh Not88 fomilng part of th• llnanclal statomonts for tho year ond8d 31 Doc•mb•r 2024- Contlnuod Troufvl 2024. tho r￿g[￿li￿n h*1 no￿1￿0& (2m r I Chwth ofS¢411wKIMrvJrtyalkMw Nati¢￿ FuNITht&* b••ra th• C￿￿{￿#1 •llp•id$ •nd •mF4fft c4th1xthr4 fr* naticNI m#)n Ind IMx¥lvJ lojn fvrttd. Uirithrn. styenth are pdd In vthth tho no1￿41 scth, ro rn18tad lo of 8•rlce. For lh• yow undor tho nd w•• £31.842 th• (th th• firth £38.8M DurfTrJ lh• ymr. 1 I￿1•* rnlrnb￿ for £248 (2023: 1 InJste• £1761. I bw8ts8 •xp•nw• rn41ir•dto b• in tho rfjwrd& P•yThrt• •pww•d byt4vo non4>•n•fid•ry tru$t8•0 or offlfArn. Al tPk• ￿0w4 •xpva* Aw•￿1 eaits in tho of th• and ￿79[19•00n•1 durlng tho y•ar. DurfTrJ lh• y￿1 • lolal cI£4eo12023'. al￿) w•• th)r•d totr• ¢tyvJ(Wkn ty tru•**. volun1￿ w*￿914• thdr Umo and ts*nts knrth• blnbfl clth Chwch. Th• arwOfwr•J•b0n￿ vthith r•ty on the eontrft￿n ol W￿unt••rn. w• rn•ry v•W mo# d th• •cl'W Mwkl bo to ￿r•ll not for th• commkn•nl T•nqlbl• flx•d ••••* Equlpm•rt Total ¢¢J•t At 1 J•ThJ•ry 2024 Aldmo 1,100.1 I1￿1> ?7.?￿ 1.218.m Ol•po•o11 At 31 O•c￿b•r))24 1.IOD,I 21mJ ,210 1,218,7n A¢cunwl•t•d dw•¢latl Al 1 ￿r￿j•ry 2024 ¢￿T9• for y•w At31 Dgc•mb•r 2Q24 13,20D 1.100 21￿3 131,m 1.100 14,300 97.240 133,07J N•t bo01(￿lu• A¢ 31 Doc4mb8r 2023 1,006WO 1.086.800 At 31 D•omb•r 2024 1.1x6.7110 1,085,70Q tho1th0 figur•rnl*¢ts Ihe¢unntmthetvaluo. The m¢J8troc•itproknbMI veluditin ts11￿ ryopwtytod¢ in C>*b 2016 At a fyure of£1.1CQ,QOO. Th• lustotk o>Jtol th• wopwty £4.750. P•8e 14 of 17 SL Catherlne'8 Ar9yl• Parfsh Church of sco￿d. Eth"nburgh Nots8 fomilng part of tho Ilnanclal 8tatemonts for th• y•ar •nded 31 Dacwnb•r 2024- contlnuad •q¥Mt Tattl Fund Vth• at i thnu•ry 44.483 1￿.465 63fi16 41A83 Unrnthed 9th Ill￿} VI￿• * 31 D•c•mb•r 1,481 07M63 5,387 iooM86 101371 Inv••kn•nts * ¢o•t 8•.1 37J24 •6A77 8•.163 37J24 Al Irh•8tments 4rn In tm hJnd• (I t* olScI¥J￿j Tn•L Ixi•t lTrMtrn•nl• •nd lh• 0•￿IlP11￿n Valu• •t 31112124 •131M2124 G•n•rnl Fund Holdlwd• Chur¢h ofSMll•nd In¥••*r• TnJ•t lkn*lh Fw•J Chuff* ofScoU•nd Inw•*rn Tluii tr£orM Fw 12.4eo 4.(Xlg 11.iXI Urn B•w••i Holdlng• Churth olse0t￿nd In￿1>•Tn￿l 13rvhth Fw Chuth Inv••b>rn Tn*t *K*yn• Fw 028 11.(11 37.489 11. D•bt•rn & pv•p•yiN•n HMRC lax rnd•kn 140 Hll r•nt8 972 11 ¢••h •t8*nk Tatsl 3.337 32 O•y NoYe4kn4mt 31.356 31.3 1337 •15of17 st. Catherfne's Argyle Parf8h Church of Scotland, Edlnbu Notss fomilng part of the flnanclal 8tat•mants for tho year ended 31 D•¢•mb•r 2024- contlnu l& Crnthl•r* & 4¢¢1￿1$ 2024 1.339 1,422 1.$79 Ind•p•nd•nl Ex•mlnthn f•• Lo•r4 du• withln 1 y••r 1•2• Loam lallnll dub Itsr 1 s￿r 2.711 2• A8 part oltho thjnding ol Ilw Man8tr ￿r￿tion prol•ct In 2018 Th• ch￿￿h of￿and Gen•ral TNsl••• provid•d th• Cw41•g￿lOTr wllh a lo•n 01 £20,000, f•payth• In h￿l￿ty Ir*Wffl•nl• 6 y•Arn al on Inlw4At rnt• 013% p.o. Th• final r•pJyrnenlwa• m•#a In 2023. 14 An•ty•l8 of n•t*•••ts afflabw fvnd• O•n•rnl Q••lgn•l•d Endo*Trmt Totsl FL¥•J aM•l• lrhwlm￿Il I,r￿S.700 1,085.700 105.271 59.251 12,7611 1347M61 ,463 55,914 2,7811 47.e 3,337 Cwr•nl Il•¢••••ts 1131 DK•mb•r2024 lJ181.YOQ 11,145 Prf•rYMr 1,088.800 I,088,￿) 1Th).465 62,472 12.92PI 2,119 Curnrt Il•bMM (2,929) 13a•,917 Nrt••••trsatJ1 Ll•o•mlMrl M•ne• Fund: ThL• fvr￿ (•pre8•nt• th• m•th•tv•luo ol th• M•n••. O•n•rnl Fund: ThIB ￿r￿fjnts a¢rJJw￿lat¢d ¥u[F4￿￿. M8mori81 Fund was accwdlng to thè Ir41nthM ¢onts1￿j In Iho of 74. 'Tho InGom• of tho s•ld fL￿d to be apphod 88 lo ono t•nlh thernol... IDrpr . lh• b￿Sne• of th• Incom• ￿ b• •pplknd lo th• poor •rKI no8dy mon￿•￿ th• th• yvq4rfon.' In 0￿￿rt0•1mpI￿fy Mporung aThl •Jrnh)18tr4Uon, th8 trust881 olth•¢ongrap•kn8Wèd A d•ad ofa#gumpJfin on S Math 2015 •dopUrg tho Jana Stswwt Vrg Mernodal Fund Mngr•g•Yonol funts. The Ir4ln4c¥on8 cothned in tho *ill ofWlll•m Ar¢hibAld Urn cenlnw lo b• obgemd. Tho tr8rn1grloth•G•rnr•l Fund of£135wa• 11Yh ¢ltr* Ur• 8•w••f• 2C24 Inmmo. liwa8 made tomlm1￿[$•thO G•noml Fund for Ilywern b0￿m thJrtryJ tho yew. IB h8kl undertho Contr￿ Kfinl Somlon to mthtsln g0￿m•n¢• aThJ traMp8rnnw at acwlobl• le¥Yl5. P•se 16 of 17 SÉ Catherfne'8 Argyle Parfsh Church of Scolland, Edlnburgh Notes formlng part of th• flnanclal Statements for tho yoar ondgd 31 Dac•mb•r 2024- contlnued 11. Mov•Tn•nt In Fund• Inwmlng Oulgolng Imi••lm•ht GJlm# I IDlmlnud¢th) Trnmfor At 31 Dac•mb•r 2024 1 ￿n￿ary 2024 Fund¥ UnMtrl¢t•d fvndo 00819r￿ Fur#1 1.OM8((1 105.52$ 1,19132J (1,1001 177,786} 8.888) 1,085,700 110,618 1,196J16 81.281 1.481 1A81 135 Toiil 81261 Endo*Thenttsnd Vr• B•qu￿t T*)tsl 1.3S3 1.363 3.325 3,326 1135) 1135) 51,145 51,145 46.602 Tolal l￿dI 1,238,927 81614 1780861 4808 1,247,461 11 oonllM•d PrfgrY•w Movwngnt In Fundg Inethnlno l janu￿ R•••urn4• R•00w￿6 At GalM I {Dlmlfftutlon) Fund* 2023 Unrn•trl•t•d FuTrJ 1J)87,900 88216 1.174110 (1.100} 79.189 162,344) ,1￿ 163844) 1,Q86.800 105,525 1,191325 Qonoffal Fw Totsl Urn Boqu•sl T•l*l 1,171 11081) 46,102 80X {86A33) P•8è 17 of 17