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2024-12-31-accounts

Croftfoot Parish Church of Scotland

Receipts and Payments Accounts for the year ended 31 December 2024

Congregation No: 160925 Charity No: SC009761

Croftfoot Parish Church of Scotland

Reference and Administrative Information

Charity Name: Charity Registration Number: Congregation Reference Number: Contact Address

Croftfoot Parish Church of Scotland SC009761 160925

Trustees

Bankers:

Virgin Money, 21 Kilmarnock Road G41 3YW

Page 1

Trustees' Annual Report for the year ended 31 December 2024

Croftfoot Parish Church of Scotland

Structure, Governance and Management

Governing Document

The Church is administered in accordance with the terms of the Unitary Constitution.

Recruitment and Appointment of Trustees

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 Structure

The Kirk Session meets regularly during the year and is responsible for all spiritual affairs within the the church together with the finances and the upkeep of the Church Property. Certain responsibilities are delegated to the Finance Committee and the Property Committee as appropriate. The Pastoral Committee looks after pastoral activities.

Objectives and Activities

The Church of Scotland is Trinitarian in doctrine, Reformed in tradition 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 through a territorial ministry. It co-operates with other Churches in various ecumenical bodies in Scotland and beyond.

(Give details of other activities particular to the indivual congregation eg Services of worship, Youth Activities, Sunday School, Bible Classes, Social Events, Community Activities.)

We have a lively morning service each week with around 100 adults and over 20 children. We run a twice weekly Parent & Toddler Group and a weekly Youth Club

as well as the Creche, and Sunday School. The Church is a community hub for youth and adult organisations and family evenings including film shows.

Midweek Adult activites include an arts and crafts group, Bible Study, Coffee Morning, run an Alpha Course every Autumn. Each week we run a busy foodbank.

Achievements and Performance

r leads our worship and we have 3 trained worship leaders who cover for him. Robert covers preaching and pastoring and there is also a Pastoral Committee who caeres for people and a healing ministry team which councels andc prays for individuals. On several occasions people received healing during pastoral prayer times. Our foodbank has met the needs of dozens of people with the giving out of food and household accessories, In 2024 we had 3 new members join the church, as well as seeing a growing number of adherents, including those reached through visitations & Alpha Course.

Financial Review

Page 2

Croftfoot Parish Church of Scotland

Trustees' Annual Report for the year ended 31 December 2024

Comment on the results for the year and the key factors affecting them with comparison to last year and any significant matters likely to affect next year

Our Free will Offering was up by £1097 on 2023 at £13,260, Gift Aid Donations also increased by £1562 at £39,151. Open plate was up slightly by £256 at £6,972. We also had another good Gift Day total of £4150. The Building fund closed at the end of 2024 with £3720 and I am extremely grateful to all members who still pay into this account on a regular basis. Our manse is in good order and is inspected annually to ensure the all necessary maintenance is carried out. We do still hold some investments, which are held by the Church of Scotland in Edinburgh. We did claim tax back this year at a total of £10,088. In our Restricted Funds which inclde Benevolent Fund, Flower Fund, The Guild,The Sunday School,The little

Reserves Policy

The charity trustees have considered the reserves required and have taken into account their current and future liabilities. At the year end the church held unrestricted funds of £19,038, of which £3,719 which had been designated for fabric fund.

Statement of Trustees' Responsibilities

The Trustees must prepare financial statements which give sufficient detail to enable an appreciation of the transactions of the Church during the financial year. The Trustees are responsible for keeping proper accounting records which, on request, must reflect the financial position of the Church at that time. This must be done to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and the Regulations Anent Congregational Finance approved by the General Assembly of the Church of Scotland in 2016. They are also responsible for safeguarding the assets of the Church and must take reasonable steps for the prevention and/or detection of fraud and other irregularities.

Approved by the Trustees on 23rd March 2025 and signed on their behalf by.

Session Clerk

Page 3

Croftfoot Parish Church SC009761

Independent Examiner's Report to the Trustees of Croftfoot 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 5 to 10.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).

The charity trustees consider that the audit requirement of Regulation 10(1)(d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1)(c) of the Act and to state whether particular matters have come to my attention.

Basis of independent examiner’s statement

An examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended). An examination includes a review of the accounting records 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 examiner’s statement

In the course of my examination, no matter has come to my attention [other than disclosed below*]

  1. which gives me reasonable cause to believe that in any material respect the requirements:

  2. �● to keep accounting records in accordance with Section 44 (1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations (as amended), and

  3. �● to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations (as amended) have not been met, or

  4. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Page 4

Croftfoot Parish Church of Scotland Receipts and Payments Account for the year ended 31 December 2024

Unrestricted Restricted Endowment
Funds Funds Funds Total Total
2024 2024 2024 2024 2023
Note £ £ £ £ £
Receipts
Donations 3 114,506 19,781 - 134,287 109,405
Legacies - - - -
Activities for Generating Funds - - - -
Bank & Deposit Interest - - - - -
Investment Income 274 - - 274 244
Rental of Premises 10,809 - - 10,809 7,315
Grants - - - - -
Drawn down from General Trustees - - - - -
Other Receipts - - - -
------------ ---------- ---------- ------------ ------------
125,590 19,781 - 145,371 116,964
Assets and Investments
Sale of fixed assets - - - - -
Sale of Investments - - - -
------------ ---------- ---------- ------------ ------------
Total Receipts 125,590 19,781 - 145,371 116,964
Payments
Cost of Generating Funds 4 - - - - -
Charitable Activities 4 140,396 19,297 - 159,692 113,333
Governance Costs 4 150 - - 150 150
------------ ---------- ---------- ------------ ------------
140,546 19,297 - 159,842 113,483
Assets & Investments 4 - - - - -
------------ ---------- ---------- ------------ ------------
Total Payments 140,546 19,297 - 159,842 113,483
------------ ---------- ---------- ------------ ------------
Excess of Receipts over Payments
for the year before transfers (14,956) 484 - (14,472) 3,481
Transfers 2 - - - - -
------------ ---------- ---------- ------------ ------------
Excess of Receipts over Payments (14,956) 484 - (14,472) 3,481
======= ====== ====== ======= =======

Page 5

Croftfoot Parish Church of Scotland Statement of Balances At 31 December 2024

Unrestricted **Restricted ** Endowment
Funds Funds Funds Total Total
2024 2024 2024 2024 2023
Note £ £ £ £ £
Bank and Deposit Balances
Bank and deposit balances
brought forward 33,994 5,309 - 39,303 35,822
Movement in year:
Excess of Receipts over
Payments (14,956) 484 - (14,472) 3,481
------------ ---------- ---------- ------------ ------------
Bank and deposit balances
carried forward 2 19,038 5,793 - 24,831 39,303
======= ====== ====== ======= =======
Investments at market value
(cost - £3609) 7 12,971 - - 12,971 11,852
======= ====== ======= ======= =======
Assets
Gift Aid Receivable - - -
-------------- ---------- ---------- -------------- --------------
- - - - -
======== ====== ====== ======== ========
Liabilities
Ministries & Mission Contributions - - - - -
======= ====== ======= ======= =======

The accounts were approved by the Trustees 23rd March 2025 and signed on their behalf by:

----- Start of picture text -----
Session Clerk
Treasurer
----- End of picture text -----

Page 6

Croftfoot Parish Church of Scotland Notes forming part of the accounts for the year ended 31 December 2024

1 Basis of Accounting

These accounts have been prepared on the Receipts & Payments basis in accordance with the Charities and Trustee Investment (Scotland) Act 2005, The Charities Accounts (Scotland) Regulations 2006 (as amended) and the Regulations anent Congregational Finance approved by the General Assembly of the Church of Scotland in 2016.

2 Movement in Funds

At 1 Jan At 31 Dec
2024 Receipts Payments Transfers 2024
£ £ £ £ £
Unrestricted funds
Designated Fabric Fund 4,930 7,114 - 8,325
- 3,719
General Fund 29,064 118,476 (132,221) 15,319
----------- ------------- ------------- ---------- -----------
33,994 125,590 (140,546) - 19,038
----------- ------------- ------------- ---------- -----------
Restricted funds
Benevolent Fund 296 610 (433) 473
Flower Fund 1419 945 (652) 1,712
The Guild 570 1,490 (1,180) 880
The Sunday School 267 279 (79) 467
The Little Lambs 304 1,977 (2,232) 49
SWAG 357 401 (457) 301
The Pantry 2096 14,079 (14,265) 1,910
---------- ------------ ------------ ---------- -----------
5309 19,781 (19,297) - 5,793
---------- ------------ ------------ ---------- -----------
Endowment funds
General Fund Bequests - - - - -
------------ ----------- ------------ ---------- -------------
- - - - -
------------ ------------- ------------- ---------- -------------
Total Funds 39,303 145,371 (159,843) - 24,831
======= ======== ======== ====== =======

Purpose of Funds

Benevolent Fund - Supported by income from the Kirk Session.

Flower Fund - Supported by income from the Congregation, it provides flowers for display during services of worship which are then distributed to the sick and bereaved.

Youth Fund - Supported by income from offerings from the children & donations from congregation, it provides funds for youth work in the parish

Fabric Fund - The Trustees have set aside funds for maintenance of the Church property

General Fund - Deals with the day to day running of the Church

Page 7

Croftfoot Parish Church of Scotland Notes forming part of the accounts for the year ended 31 December 2024

Unrestricted Restricted Endowment
Funds Funds Funds Total Total
2024 2024 2024 2024 2023
£ £ £ £ £
3 Analysis of Donations
WFO Scheme (non Gift Aid) 13,260 13,260 12,163
Gift Aid Donations 39,151 39,151 37,589
Tax Recovered on Gift Aid Dons. 10,088 10,088 -
Ordinary Offerings (Open plate) 6,973 6,973 6,716
Fabric Donations 7,114 7,114 6,865
Other Offerings, Donations, etc 37,920 19,781 57,701 46,072
---------- ---------- ---------- ----------
114,506 19,781 - 134,287 109,405
====== ====== ====== ====== ======
4 Analysis of Payments
Cost of Generating funds
Investment Manager’s Fees - - - - -
Offering envelopes - - - -
---------- ---------- ---------- ---------- ----------
- - - - -
---------- ---------- ---------- ---------- ----------
Charitable Activities
Ministries & Mission alloc 52,331 - 52,331 47,832
Presbytery Dues 5,854 - 5,854 2,407
Minister's expenses 2,908 - 2,908 2,579
Council Tax 3,451 -
3,451
3,368
Other Salary Costs 11,387 - 11,387 10,880
Fabric repairs & maint 8,325 - 8,325 6,134
Heat and light 18,192 -
18,192
5,404
Insurance 2,781 - 2,781 2,587
Church Office Expenses 5,291 - 5,291 5,609
Organ & music - -
Printing, Stationery & Postage - -
Other expenses 29,875 19,297 - 49,172 26,533
------------ ---------- ---------- ------------ ------------
140,395 19,297 - 159,692 113,333
------------ ---------- ---------- ------------ ------------
Governance Costs
Independent Examiner's Fee 150 - - 150 150
---------- ---------- ---------- ---------- ----------
Other Payments
Purchas of Investments - - - -
Purchase of Fixed Assets
Multi Media Equipment - - - - -
Other Equipment - - - - -
------------ ---------- ---------- ------------ ------------
Total 140,545 19,297 -
159,842
113,483

Page 8

Croftfoot Parish Church of Scotland Notes forming part of the accounts for the year ended 31 December 2024

5 Trustee Remuneration and Related Party Transactions

During the year one trustee (the minister) received reimbursement of expenses of £6,359 in respect of council tax of £3451 & travel and expenses of £2908.

No trustee or person related to a trustee had any personal interest in any contract or transaction entered into by the charity during the year.

6 Minister's Stipend

All Church 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. Stipends are paid in accordance with the national stipend scale, which is related to years of service. For the year under review, the minimum stipend was £31,642 and the maximum stipend (in the fifth and subsequent years) was £38,884.

7 Investments

Investments
Market Gain/(Loss) Market
Value at on Value at
I Jan 2024 Purchases **Disposals ** **Revaluation ** 3I Dec 2024
£ £ £ £ £
COSIT Growth Fund 11,852 - - 1,119 12,971
------------ ---------- ---------- ------------ ------------
Held in respect of:
Unrestricted Funds
General Fund 11,852 - - 1,119
12,971
------------ ---------- ---------- ------------ ------------
Restricted Funds -
------------ ---------- ---------- ------------ ------------
Endowments Funds
------------ ---------- ---------- ------------ ------------
------------ ---------- ---------- ------------ ------------
------------ ---------- ---------- ------------ ------------
11,852 - - 1,119 12,971
======= ====== ====== ====== =======
Collections for Third Parties
2024 2023
£ £
Turkey/Syria 895
Lodging House Mission 141 176
Bridge 250
MSF UK 227
Ukraine Wood Burners 228
Food Pantry 344
Erskine Hospital 750
Glasgow Street Pastors 300
Crossreach
Christine Aid 554
Int Rescue 227
Poppy appeal 500
Turkey/Syria 895
--------- ---------
2,867 2,620

Page 9

Croftfoot Parish Church of Scotland Year ended 31 December 2024 Appendix

FUNDS HELD ON BEHALF OF THE CONGREGATION BY THE CHURCH OF SCOTLAND GENERAL TRUSTEES

CAPITAL ACCOUNT
Credit Balances held at 31 December at cost
Market Value of Balances at 31 December
REVENUE ACCOUNT
Credit Balance at 31 December
2024
£
11,735
11,735
2,648
2023
£
15,796
15,796
1,860

Page 10