Clincarthill Parish Church Trustee Report and Annual Accounts Year ended 31st December 2024 Minister Session Clerk." Church Treasurer.. Congregational No: 160923 Scottish Charity No: SC010138
Clincarthill Parish Church Year Ended 31st December 2024 Reference and Administrative Information Charity Name.. Charity Registration Nurnber,, Clincarthill Par15h Church SC010138 Congregation Reference Number,, 160923 Contact Address.. 1220 Cathcart Road Glasgow G42 9EU. Website.. www.clincarthill.org.uk Trustees Minister: Session Clerk.. Church Treasurer: Independent Examiner: Bankers: Bank of Scotland Bos Commercial PO Box 2000 BX2 LLB.
Clincarthill Parish Church st Year Ended 31 December 2024 Trustees. Report The trustees present their annual report and financial statements of the charity for the yea r ended 31 December 2024. The financial statements have been prepared i n ccorda nce with the accounting policies set out in the notes to the accounts on page 12 and comply with the General Assembly Regulations for Congregational Finance, the Charities and Trustee Investment (Scotland l Act 2005, the Charities Account5 (Scotland) RegLJlations 2006 (as amended) and Accounting and Reporting by Charities., Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Fiepublic of Ireland effective from I lanuary 2019. structure, Governance and Management The congregation 15 a registered charityi number SC010138 and is administered in accordance with the terms of the Unitary Constitution and is subject to the Arts and Regulations of the General Assembly of the Church of Scotland. The charity trustees are members of the Kirk Session who oversee both temporal and spiritual matters within the church. They have been chosen from members of the church who are considered to have the appropriate g ifts and skills. The minister, who is a member of the Kirk Session, is elected by the congregation and i nducted by Presbytery. The Kirk Session delegate5 certain responsibilities to seven teams who encourage wider participation from the congregation in the running of the church and its activities, We hope that this will lead to a continued growth in our journey of faith. Objectives and Activities Clincarthill Church is part of the Church of Scotland, and 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 part of 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 ecumenica I bodies in Scotland and beyond. Clincarthill Church meets for Sunday Morning worship services which a re Streamed live as well as recorded and available on You-tube. There are evening Services twice a month as well as a weekly prayer meeting, In addition to an active Kids Church and creche on a Sunday morning, the Gem5 meet mid-week for girls aged 5-7, the BB Anchor boys meet on a Tuesday with the BB Junor and Company meeting on a Fridav evening. other groups meeting regularly include the Guild, the Tuesday Coffee Club, the Thursday Craft group and the Friday Lunch Club. The Puppet team continued to contribute regularly to morning worship as well as venturing further afield to other groups. On the I, January 2024 we had 160 members on the Congregational Roll. During the year 4 people joined the roll but sadly 12 members died during the year with a further person being removed from the roll. The number on the Congregational Roll at 31, December 2024 was 151.
Clincarthill Parish Church Trustees. Report (cont.) Year Ended 31st December 2024 During 2024, after discussions with Govanhlll Queens Park Church, we were unable to come to an agreement about form Ing a li nkage. We a re cu rrently in seeking an Iternative partner to form a linkage with the assistance of the Glasgow Presbytery Planning team. Achievements and Performance Youth Team: At the beginning of June, we had our trip to Briarlands Farm in Stirling. This was our first trip in almost IQ years and we were delighted that we were able to ffi11 the bus With parents and children from the church and community. There was so much to do from the jumping pillows, grou p tractor ride, archery, go-karts, animal petting barn and much morel We finished the day with some races before heading home. The day went really well and ever one returned safe 6nd sound. In August, the holiday club "Upbeat" was attended by about 50 children over the trveek and we heard bible stories linked to the Songs that we sing. Our Family Fun Day in September was attended by over 100 children/adults in our church garden, Some of the activities we had included a bouncy castle, face painting, story~telling and ga mes. We were joined by representatives from the Galilee Bookshop and Queen's Park FC Foundation on the day. This was a great succes5 and we were blessed with the weather too. In November, we held a film night showing the film 'lnside Out 2. which was attended by around 60 people. Mission and OutreachTeam: Garden Café - The Garden Café ran for 5 weeks over the summer for the month of July. This has become a regular community outreach event over the last 4 years 51nce COVID-19 where the community have had an opportunity to come together and make new friends. Local musicians provided entertainment each week for which we are grateful and it has been a pleasure serving our community in this wav,
Clincarthill Parish Church Trustees, Report (cont.) Year Ended 31 December 2024 Feed the Fans- Over the summer we held a 'Feed the Fans, event For the Pink concert at Hampden. Our tearn off Volunteers provided hospitality and a warm welcome to the many visitors to the local area, who came from all over the country. This was very much appreciated by everyone. We raised over £400 from tea/coffee, snacks and donation5 from face-pai nting etc, which wa5 divided between the local foodbank and church funds. A further 'Feed the Fans. event took place in November providing hospitality for those attending the Scotland vs Croatia match al Hampden. A total of £115 was raised for the local foodbank. The team of volunteers were a5SlSted on this occasion by some of the boys from the Boys, Brigade. We were very grateful for their help and assistance. Bethany Christlan Trust - Bethany asked if we could be a host church ag3in this year for their Caring Christmas Tree event in December. A team of volunteers assisted with loading and unloading trees and hospitality was provided for the volunteers and for thD5e collecting trees. The event was open to anyone in the communily who wanted to pop in for tea/coffee and Christmas treats, Donations of £66 were received and have since been forwarded on to Bethany. ,f:14f;,, Carol Singing on Christmas Eve Around 50 people/families from the community joined us for hot chocolate and carol singi ng by torch light on Christmas Eve before heading Into the church for the family service at 6.30pm. Financial Review General Income excluding legacies 2020- 202 120.0(Y) Income.. For the unrestricted funds, our main source of income 15 the regu lar offerings from member5 which along with tax refunds and grants amounted to £70,438 (2023.. £69,020). 80,mn 60.C¥J) The increase in income was due to the £2,000 grant received from the Church of Scotland Seeds for Gmwth fund as the offering income fell reflecting the reduction in the congregation. 4U,Q¥XI 20.)0 202 2Q)21 2023 2024 Olfpiine% • ( h&iilablp A(Iivilvs • HAII Lvis • Inii?stnierf IrLOry The unrestricted fu nds were boosted by two legacies from Murlel Gibson - £ 1000 and Bette Morton £2,000 who were failhful members of the congregation and we remember them with thanks for their work supporting the church during their lives and for remembering us with a legacy.
Clincarthill Parish Church Trustees. Report (cont.) Year Ended 315t December 2024 Income from our activities decreased to £5,563 {2023.' £6, 0471 as donations from the congregational organisations also mirrored the decline in membership nLJmbers. Rent received increased to £33,448 (2023.. £28.537) with the increased usage of the halls. During 2024, we started to employ an admin worker who has been available to arrange new lets and ensure regular invoicing. Our investment income rose to £15,295 (2023.. £10,394) benefiting from the higher interest rates available compared with previous years. Expenditure: The expenditure for the year increased significantly as we started to employ a part-time admin worker, experienced the impact of the new energy contract5 Wlth increased energv costs and a150 undertook a planned refurbish ment of the manse bathroom, General Expencliture 2020-2024 }.i¥y) 12U.IlX) (xK> fyU.LXM) 41Tr.lJXI 20JIJ 2021 11)22 2075 2024 In addition, although the 'Givlng for Growth" levy to cover the min Istry costs was only slightly more than the previous year. the presbytery dues were significantly increased for the year as a result of the change in the funding model. The result was the total expenditure from the unrestricted fund was £ 138,548 (2023.. £104,083) With the increased expenditure, the General Fund made a loss of £ 12. 359 (2023.. Surplus £9,103). which was covered by the balance brought forward from the previous year and the legacy fund. Overall, during 2024, the unrestricted funds suffered a deficit of £9,205 (2023.'Surplu5 £46, 946) The expenditure in the Restricted Funds which represents the organisations, expenditure decreased to £10,261 (2023.. £10,941) Risk Management The main risk is the ageing profile of the congregation. In addition to the decline of the cong regational rol I due to deaths with an accompanyi ng reduction i n income, it is becoming difficu It to fill the various roles to ena ble the church to function properly. In March, we recruited a part-time admin worker who is assisting with some of the routine dministration. We have been fortu nate that the legacies received in recent years wi I I allow us to cover the cost of the post and we continue to seek and consider ways to use some of the available funds for growth. We have been successful in securing Seeds of Growth funding to enable community consultation to establish if there is a demand for a well-being initiative in the parish. We continue to look for new and alternate ways to encourage and asslst people to build a personal relationship with God leading to a desire to serve God within the church.
Clincarthill Parish Church Trustees. Report (cont.) Year Ended 31st December 2024 The Trustees and the congregation are also being challenged by the Presbytery Plan and its implications and we are now hoping that by looking beyond the initial cluster, there will be new opportunities to work with and share resources with another congregation. The trustees and members of the teams are continually encouraged to look to the available guidance on the Church of Scotland and OSCR websites to ensure that they keep up-to-date with introducing best practice across all areas of managing the church, buildings and activities. Reserves Policy The charity trustees have considered the reserves required and have taken into account their current and future liabil ities. At the year end the Church held unrestricted net current assets of £349,795 {2023.' £360,598) of which £5,270(2023.' £5,986) has been designated for the Team funds. The remaining balance of £344,525 (2023.. £354,612) lies principally within the Legacy fund and the trustees continue to consider prayerful ly how best to use this resource, The monies available in the legacy fund allow us to maintain a balance In the current account to cover a minimum of 3 months of expected expenses. At the year end, Restrlcted Funds totalled £16,518 (2023.. £12,763), these funds include the Building Fund for non-routine maintenance and improvement work on the Church & Manse and the funds held here have been given for that purpose. The other organisations, funds are under the control or the members. The Endowment Funds totalling £2,844(2023.' £2,651) are invested to provlde an income for the Boys Brigade and the Building Fund.
Clincarthill Parish Church Trustees. Report (cont.) Year Ended 315t Dernber 2024 Trustees, Re5pon5ibillties In Relatlon to the Financial Statements The charity trustees are responsible for preparing a trustees, annual report and financial statements in accordance with 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 truo and fair view of the statc of affairs of the charity and of the income and expenditure of the cnarity for that per,od. In preparing the financial statements, Lhe trustees are requ ired lo.. select suitable accounting policies a nd then a pply them consistently,. observe the method and principles in the applicable Charities SORP. make judgements and estimates that are reasonable and prudent. State whether applicable accounting stand ards and stalements of recommended practice have been follovved, subject to any departures disclosed and explained in the financial statements. prepare the financial statements on the going concern basis u nless il Is inappropriate to presume that the charity will continue in operational existence. The trustees are responsi ble for keeping adeq uate accou nting records that are sufficient to show and explain the charity's transactions and d isclose with reaOnable accuracy at any lime the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Account5 (Scotland) Regulations 2006 las amended). They are also responsible for safeg uarding the assets of thc charity and hence for t3klng re3son8ble steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the charity and financial information on the congregation's website. Leg islation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. ADprai'p.d 4! tho Tru-,tv.- Ind signi.d .In thnir behalf, Date: 25 February 2025
Clincarthill Parish Church Year Ended 315t December 2024 SC 010138 Independent Examiner's Report to the Trustees of Clincarthill Parish Church Year ended 31 December 2024 I report on the accounts of the charity for the year ended 31st December 2024 which are set out on pages 10 to 20 Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts in accord a nce with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Cha rities Accounts {Scotland l RegLJlations 2006 (as amended). The charity trustees consider that the audit requirement of Regulation 1011) (a) to (cl of the Accounts Regulations does not apply. It Is my responsibility to examine the accounts as requ Ired u nder section 4411) {c) of the Act and to state whether particular matters have come to my attention. Ba515 of independent examiner's statement My 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 a nd a com pa rison of the accounts presented with those record5. It also includes consideration of any u nusua, Item5 or disclosures in the accounts, and seeks explanations from the truslees concerning any such matters. The procedures undertaken do not provld e all the evidence that wou Id 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 which gives me reasonable ca use to bolieve that in any material respect the requirements.. to keep accounting recards in accordance with Section 44(1) (a) of the 2005 Act nd Regulation 4 of the 2006 Accounts Regulations (as amended), and to prepa re account5 which accord ¥Nith the accounting record5 a nd comply with Regulation 8 of the 2006 Accounts Regulations (a5 amended) have not been met, or to which, in my opiniDn, attention should be drawn in order to enable a proper u nderstandi ng of the accounts to be reached. Signed.. DateZI March 2025
Clincarthill Parish Church Year Ended 31st December 2024 Statement of Financial Activities Year ended 31 December 2024 Unrestricted Restritted Funds Funds 2024 2024 Endowment Funds 2024 Totsls Funds 2024 UnrestrKted Funds 2023 Restricted Endowment Funds Funds 2023 2023 Totals Funds 2023 Note Income and endowments Donatio ns and legac5 Charitable actwities other trading activities Investment income Total Income 73,438 5,563 33,448 2,471 10,991 75.909 16,554 33,448 104,836 6.047 28,536 2,535 ii,sio 107.371 17,857 28,536 519 83 83 363 71 71 127 744 141 807 149 813 164592 Expenditure Raising fund5 Chantable acrivities Total Expenditure 187) 138 461 138 548 (87) 148 768 148 8S5 (81) 104 002 104 083 (81) 114 983 115 064 46 46 40 40 Net income/(e¥penditure) before gains/(losses) on vestments 110,8041 3,720 37 (7,048) 45,730 3,767 31 49,528 Net gainslllossesl on investments Net income/(expenditure) 1,598 193 1.791 1,216 171 1.387 19,2051 3,720 230 (5,257) 46.946 3,767 202 50,915 Transfe between funds 14 37 (37) 31 (31) Net movement in funds 193 171 Total funds brought fOard 602,276 L2,763 2,651 617,690 555.330 8,965 2.480 566.775 Total funds carrled forniard 593.071 612 433 602 276 617 690 io
61incarthill Parish Church Year Ended 31st December 2024 Oalance Sheet Pas at 31 December 2024 Totals Funds 2024 Totals Funds 2023 Note Fixed Assets Tang Ib Fixed assets Inve5tment5 225,OQD 225,000 246,121 244,329 Current Assets Debtors Cash in bank and in hand Total Current Assets io 4,773 365 637 370,410 7,193 369 528 376,721 Liabilities: Credito rs falling due w ithin l year Net Current Assets 366,313 373,361 Net Assets 13 612 433 617690 The funds of the charity: Endowment Funds 14 2,844 2,651 Restricted Income Funds 14 16,518 12,763 Unrestricted Income Funds 14 593,D71 602,276 Total Funds 612 433 617 690 The notes at pages 12 to 20 form part of these accounts. The_ acr.niJnt5 were 2pprttved by the Trustees on the 25 February 2025 and signed on their beha If bv Sess on Clerk Ti"easui ei li
Clincarthill Parish Church Year Ended 31st December 2024 Accounting Policies The principal accounting policies, which have been applied consistently in the current and preceding year in dealing with items, which are considered material to the accou nts, are set out below, Basis of Preparation The financial statements have been prepared in accordance wi th Accounting and Reporting by Charities., Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable In the UK and Republic of Ireland (FR5102) effective from l January 2019 and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102), the Charities and Trustee Investment (Scotland) Act 2005 and the Charities accounts (Scotland) Regulations 2006 (as amended). Funds Accounting Funds are classified a5 either restricted funds or unrestricted funds, defined as follows. Restricted funds are fund5 subject to specific requirements as to thei r use which may be declared by the donor or with thei r authority or created through legal processes, but still within the wider objects of the charity. Endowment funds are funds which have been given on the condition that the origina I capital sum is not reduced, but the income therefrom is used for the purpose deffined in accorda nce with the objects of the charity, Unrestricted funds are expendable at the discretion of the trustees in furtherance of the objects of the charity. If parts of the unrestricted funds 8re earmarked at the discretion of the trustees for a particular purpose, they are designated as a separate fund. This designation has an administrative purpose only and does not legally restrict the trustees, d15cretion to apply the fund, Going concern The Trustees consider that there a re no materia l uncertainties about the ability of the charity to continue for the foreseeable future, and therefore has adopted the going concern basis in preparing these fi nancial slatements. Recognition of income Income is recognised when the charity has entitlement to the funds, any performa nce conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably. Donated services and facilities Donated professional services and donated faci l ities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item 15 probable and that econDmic benefit can be measured reliably. In accordance with the Charities SORP (FFiS 1021 the genera I volunteer time of cong regation members Is not recogn ised. On receipt, donated professional services and donated faci lities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the 12
clincarthill Parish Church Accounting Policies cont. Year Ended 31st December 2024 open market; a corresponding amount IS then recognised as expenditure in the period of recei pt. In 2024, no services were donated (2023.. £nil) Irterest receivable Interest on funds held on deposit is included when receivable and the amount can be easured reliably by the charity. thi5 is normal ly upon notification of the interest paid or payable by the Bank. Resources Expended Expenditure is included in the Statement of Financial Activities on an accruals basis and is recognised when there is a legal or constructive obligation to pay for expenditure. N ormal Fabric repairs and Maintenance are charged to the Genera l Fund, extraordinary repairs and improvements are met primarily from the Building Fund and by Special fund- raisi ng efforts. Fixed Assets The cha rity has the right to occupy and use for its charitable objects certain tangible fixed asset5, including the Church and halls vested in the Church of Scotland General Trustees. No consideration 15 payable for the use of these assets. Expenditure incurred on the repair and mai ntenance of these assets is charged as resources expended in the stètement of Financial Activities in the period in which the liability arises, Al I ta ngible fixed assets C05ting in excess of £5,000 having a value to the charity g reater th an one year, other than those acquired for specific purposes, are capitalised. Depreciation is provided on a straight-li ne basis to write off the cost or initial value, less residual value, of tangible fixed assets over their estimated useful lives: Fixtures, fittings and office equi pment.. 5 years Investments Fixed asset investments are stated at market value at the balance sheet date. Unrealised gains and losses represent the difference between the market va lue at the beginning and end of the financial year or, if purchased in the year, the difference between cost and market value at the end of the year. Realised gain5 and losses represent the difference between the proceeds on disposal and the market va lue at the start of the year or cost if purchased in the year Taxation Clincarthill Church 15 recognised a5 a charity for the purpose5 of applicable taxation leg islation and is therefore not subject to taxation on its charitable activities. The charity is not registered for VAT and resources expended therefore include irrecovera ble input VAT. Debtors Trade and other debtors a re recognised at the settlement amou nt due after any discount offered. Prepayments are valued at the amount prepaid net of any discounts due. Creditors Creditors are normally recognised at their settlement amount after allowing for any trade discounts due. 13
Clincarthill Parish Church Year Ended 31st December 2024 Notes forming part of the financial statements Unrestricted Funds 2024 RestrKted Funds 2024 Endowment Funds 2024 Totals Funds 2024 Unrestritcted Restricted Funds Funds 2023 2023 Tota15 Funds 2023 Endowment 2023 Note I Voluntary income Offerings Offerings Tax recovered on Grt Aid Legacies Grants Other income 55.122 11,743 3,000 3,503 70 73,438 2,148 323 57,270 12,066 3,000 3,503 70 75.909 55,518 11,835 35,816 1,568 loo l D4.836 2,148 387 57,666 12,222 35,816 1,568 loo 107,371 2,471 2 Incorne from charitable activities conggational Orgènisation5 Wedding5 & Funera15 donations Other 4,232 1,121 210 5.563 10,991 15,223 1,121 210 4,667 I,Joo 280 6.047 11,810 16,477 I,ioo 280 17.857 10.991 Income from other trdding activÈties Rent receNed 33,448 33.448 28,536 28,536 Investment Income Interest received Dniidends received 14,902 393 15,295 519 15,421 476 15.896 10,044 350 lQ,394 363 83 83 10.407 421 10,828 71 71 519 363 Total income 127 744 83 141 808 14 813 08 164592 14
Clincarthill Parish Church Year Ended 31st December 2024 Notes forming part of the financial statements Unrestricted Funds 2024 Restricted Endowment Funds Funds 2024 2024 Totals Funds 20Z4 Unre5trirted Funds 2023 Restricted Funds 2023 Endowment Funds 2023 Totals Funds 2023 Note 5 Analysi5 of Expenditure Raising Funds: Offering envelopes 87 87 87 87 81 81 81 81 Charitable Attiviities: MinEtrE5 & Missio n Allocation Presbytery Dues Minster's Expenses Pulpit Supp Other Staff Costs Fabric Repair5 & Maintenance Council Tax Other Buildings Costs Church Office Expenses Organ & Mus Independent Examiner Other Expenses Building Fund Restricted Fynds-organisatK)ns 47,701 4,818 1,584 200 16,571 29,670 3,218 22,055 2,835 4,927 300 4,581 47,701 4.818 1,584 200 16,571 29,670 3,218 22,055 2,835 4.927 300 4,627 47,304 2,365 1,521 494 5,881 13,740 3,146 17,659 5,909 2,082 300 3,601 47,304 2,365 1.521 494 5.881 13,740 3.146 17,659 5.909 2,082 300 3,641 46 40 138 461 46 148 768 104 002 40 114 983 Total Costs 136 548 46 148 855 104 083 40 115 064 15
clincarthill Parish Church Notes forming part of the financial statement5 Year Ended 315t December 2024 pjote staff Costs and Numbers 2024 2023 SalarEs & Wages All Church of Scotland congregations contribute to the Natlonal Stipend Fund which bears the cost5 Dr all m Inters. stipends ènd em ployer'5 contributions lor national insuranc" pensio n and ho sing and loan fund. Ministers, Stipends are pard in accordance wlth the nabcsnal stipend sca, which is related to years of Service. For the year under review the minimum stipend was £31,642 and the maximum stipend in 5th a nd subsequent years of service £38,884. The average number of employees during the year, calculated on the basis of a ad count, was as folk)ws'. 2024 2023 OfFKe Admin Premises maintenance No employee had employee benefits in excess of E50,000 12023.. nil) 7 Trustee Remuneration and Related Party Transactlons During the year the folk>wing trustees and reiitDies receNed numeration. 2024 2023 trustee providing pulpic supply Ttrtal RenumeratK>n paid to trustees and reLated parties. 200 200 200 200 One trustee v4as reimbursed for expen5es.12023.' 1 trustee) 4,80 2 txjring Ihe year, a total of £ 18 94 1 (2023.. EI 8,509) was do nated to the co ngregation by the trustees. 8 Tangible Fixed A55et5 Building5 Total Cost At 1st January 2024 Additions Disposa Al 315t December 2D24 225,000 225,000 225 000 225 000 Accumulated Depreciation Al Isl January 2024 Charoe for year Elim Inaled on disposa& At 315t December 2024 Net Book Value At 31st December 2024 225 000 225 000 16
Clincarthill Parish Church Notes forming part of the financial statements Note Year Ended 31st December 2024 9 Investments 2024 2023 Narket Value at 1st January Unrealised gain/(k)s51 on investments Market Value at 31st Dernber 19,329 1,792 17,942 1,387 The following investments are held.. Church of ScotlarTrd Investors, Tmst - Growth Fund Church of Scotland Investors, Trust - Income Fund Lk)yds TSB Shares 19,829 675 617 18,119 669 541 10 Debtors 2024 2023 Gift Aid Tax Refund Due Listed Place of Worship Grant Scheme Hall Rental Incorne due Other 1,639 1,503 940 691 2.910 1,568 2,510 205 I I Creditors 2024 2023 EON Electric EON Gas HMRC other AccrLJals Independent Examiner's Fee 717 1,468 522 1,090 300 91Q I,iL71 749 600 12 Volunteers In common with all congregations of the Church of Scotland the congregation bernefs from the co ntribution made by volunteers who give their time and tantS willingSy for the benefit of the Church. The area5 of congregational life which rely on the contribution of volunteer5 are many and varied and much of the activity would be unable to continue were it not for the commitment shown. 13 Analysis of Net Assets Among Funds Unrestricted Restrirted Endowment Total Fixed Assets Investments Current Assets Current Liabilities Net assets at 31 Dec 2024 225,000 18,277 353,892 225,000 21,121 37a,410 2,844 16,518 593 071 612 433 Unrestricted Restricted Endowment Total Fixed Assets Investments Current Assets Current Liabilities Net assets at 31 Dec 2023 225,000 16,678 363,958 225,000 19,329 376,721 2,651 12,763 602 276 617690 17
Clincarthill Parish Church Note forming part of the financial statements Year Ended 315t December 2024 At 1st January 2024 Unrealised Gains/ (Losses) on Investments Note Incoming Resources Outgoing Resources At 31st December 2024 Transfers 14 Movement of Funds Endowment Funds M65 M ills, Legacy DP Hood Bequest Mrs JP Hood Bequest 668 1,027 956 37 23 23 83 (37) 675 1,123 {23} 23 46 97 90 193 37 Restricted Funds Buildinq Fund Art & Craft Group Coffee Club Puppet Group Guild Luncheon Club 83rd Boys Brigade 9,353 49 72 2.990 750 320 687 2,724 980 37 12.379 49 72 257 1,824 431 (750) (320) (4301 (2,912) (991) 2,012 442 834 37 Unrestricted Funds General Fund Legacy Fund Assets Fund 11,025 339,256 246,009 122,863 3,000 (135,222} 1,334 (2,064) 340,193 247,608 1,599 Designated Funds: Flower Fund Worship and Christian Growth Fund Mission & Communfcy Outreach Fund Maintenance and Eco Fund Pastoral Care Fund Communicatio ns Team Fund Finance & Stewardship Team Fund Youth Fund 70 (408) (401) (592) 338 254 267 2.799 200 225 200 200 200 3,067 200 200 200 200 860 324 (487) 138 547 127 744 602 276 138 548 593 071 Total Funds 617 690 141 808 148 855 612 433 18
Clincarthill Parish Church Notes forming part of the financial statements Year Ended 315t December 2024 At 1st January 2023 Unrealised Gains/ (Losses) on Investments Note Incoming Resources Outgoing Resources At 31st December 2023 Transfers 14 Movement of Funds (Cont) Endowment Funds M iss Mills, Legacv C)P Hood Bequest Mr5 JP Hood Bequest 644 951 885 31 20 20 71 24 76 71 171 (31) 669 1,027 956 (20) 20 40 31 Restricted Funds Building Fund Art & Craft Group Coffee Club Puppet Group Guild Luncheon Club 83rd Boys Brigade 6,424 28 2,898 222 703 31 9.353 49 72 (200) (634) 1.960 115 435 4,853 1,140 (4,801) (813) 2.012 442 834 31 Unrestricted Funds General Fund Legacy Fund Assets Fund 1,922 303,440 244,793 111,025 35,816 (101,779) (143) 11,02S 339,256 246.009 1,216 Designated Funds: Flower FLJnd Wo rship and Christian Growth Fund M ission & Com munity Outreach Fund Maintenance and Eco Fund Pastoral Care Fund Communicatio ns Team Fund Finance & Stewardship Team Fund Youth Fund loo 396 1,313 (243) (697) (669) 143 568 2,155 200 200 200 200 267 2.799 200 225 200 200 300 (275) 863 149 813 420 104 084 S55 330 602 276 Total Funds 164 592 115 065 617 690 19
Clincarthill Parlsh Church Year Ended 31st December 2024 Notes forming part of the financial statements Purposes of Endowment Funds The Trustees manage 3 Legacies in Endowment Funds where the capital is invested and only the income is available. Miss Mills, Legacy: The legacy states that the income from this fund be used solely for the upkeep and maintenance of the Lectern. The income is placed in the Building Fund and can be accessed for this purpose when required. D. P. Hood Bequest.. The bequest states that the income from this ftjnd be given solely for use by the 83rd Glasgow Boys, Brigade Company Section as they see fit. Mrs. J. P. Hood Bequest.. The bequest states that the income from thi5 fund be given solely for use by 83rd Glasgow Boy5, Brigade (Junior Section) as they See fie. Purposes of Restricted Funds The Restricted Funds include the Building Fund for non-routine maintenance and improvement work on Church & Manse and the funds held here have been given for that purpose. The other organisations, funds are under the control of the members. Purposes of Designated Funds The Trustees have Set aside funds for work of the various ministry teams along with the riower fund. For each of these funds, the income generated and related expenditure from their activities is allocated to the fund5 to support future activities. Where the expenses are greaterthan income, funds will be transferred to leave a minimum balance of £200 at the end of the year. Note 15 Collertrons for Thlrd Partle$ 2024 2023 Retiring ofFering5.'- Scottish Bible Society - Ukraine Christian Aid Unicef Palestine Poh'o Vaccinatlon Lodoing House Mssitsfj Glasgow City Mission The Well Poppy scotland Lodging House M ission G5g0W City Mi55iOll Preshal Trust Govanhill Foodbank Poppy 5cotknd Bethany Trust Leprosy MisslDn Scotland The Guild - donatrons to sundry charities W. Baird Penny Collection Leprosy Misskjn Scotland The Well The Preshal Trust Parkinsons Macmillan Cancer Support Tearfund Leukaemia Care Poppy Scotland 332 179 120 iii 124 150 170 167 163 60 323 301 365 138 66 650 550 25 25 25 25 25 25 25 25 25 In addition to the Incom i ng Resources a5 disclosed in the Statement of Financial Activity, the income shown above arose from special collections and fund-raisi ng events for special purposes was received and disbu rsed during the year to other charities as stated. 20