The Church of Scotland Brechin Cathedral RECEIPTS AND PA YMENTS ACCOUNT st Year Ended 31 December 2020 I IAIfy AT Bfle5 i ,.EI14YfEkY LF . Congregation Number 301804 Charity Number SC010332
Brechin Cathedral. Church of Scotland Reference and Administrative Information Charlty name: Brechln Cathedral Charlty Reglstratlon Number SC010332 Con8re8atlon Reference Nurnber: 301804 Conlart Address: Cathedral Office 6 Church Street Brechin DD9 68Y Trustees: As listed at Appendlx I Prlnclpal Offl¢e Bearers: Locum Minister InterSm Moderator Sesslon Clerk: Treasurer: Actln8 Treasurer; Independent Examiner: Bankers: Royal Bank of Scotland Brothock Bridge Arbroath DDII INP Bank of Scotland 5 Clerk Street Brechln DD9 6AD
Brechin Cathedral, Church of Scotland Trustees, Annual Report Structure, Governance and Management Governtng Document The Cathedral is administrated in accordance with the terms of the Deed of Con5titutlon Iunltary Forml Recrultment and appolntment of Trustees Members of the Klrk Session are the charity trustees. The Klrk Sesslon members are the elders ofthe church and are chosen from those members of the church who are considered to have the appropriate glfts and skill. The Minister, who is a member of the Kirk Session, is elected by the congregatlon and inducted by Presbytery. Rev lan Gray was appointed by the Kirk Session as the Locum Minister and paid by the Kirk Session through the Ministrles Council and the Interlm Moderator is appointed by the Presbytery of Angus to oversee the vacancy Organlsatlonal Structure The Klrk Session is chaired by the minister and meets seven times a year. Certain responsibilities are dele8ated to the Finance Committee as appropriate. The Klrk Session is responslble for both splritual and temporal affairs within the Church. The Locum Minister can only take the Kirk Session Meeting with written permisslon from the Interlm Mlnister who approve5 the Agenda prlor to the meeting. Oblertlves and Actlvltles The Church of Scotland is frinitarian in Doctrine, Reformed in Tradition and Presbyterlan In Polity. It exists to 8lorify God and to work for the advancement of Christ's Kingdom throughout the world. A5 a National Church, it acknowledge5 a Distinctive call and duty to bring the ordinances of religion to the people in every Parish in Scotland through a Territorial Ministry. It co-operates with other churches in varlous Ecumenical bodies in Scotland and beyond. The principal calling of any Christian congregation is to witness to the gospel of Jesus Christ. In 2017 the Cathedral launched its 2020 Project with the community invited along Wlth the congregation to celebrate not only the building's 800L* anniversary in June 2020, but our three key themes of celebration, education and legacy. Owing the COVID -19 Restrictions everything ha5 been put on hold till June 2022.
Brechin Cathedral, Church of Scotland Trustees, Annual Report Achievements and Performance Klrk Sesslon The Klrk Sesslon has conlinued to meet regularly throughout the year with seven meetings. The Teams all meet regularly and report to the Kirk Sesslon and present their report through a Team member. Members of the Kirk Sessior) are Trustees of Brechin Cathedral, The Management Team meets two days prior to Kirk Session to arrange business. Members of the Klrk Sesslon Interlm Moderator Locum mlnlster Elders It should be noted that two* of the above are also Trustees of the Society of Friends of Brechln Cathedral (Charlty no. SC0157701. Management Commlttee The Management Committee. which meets on the Tuesday morning prior to the Kirk Session on Thursday evening, has a threefold remit. l. To assist the Minister in planning the Worship calendar of the congregation. 2. To as51St the Session Clerk with the congregational business. 3, To deal with any sensitive matter or matter referred to it by the Kirk Session.
Brechin Cathedral, Church of Scotland Trustees, Annual Report (continued) Management Commlttee (contlnued} In addition to standing members from the Kirk se551on, two elders are selected annually to serve. It is chaired by the Moderator of the Klrk Session or Session Clerk. Generally, this has been a helpful asset to the con8re8ation's life and has helped streamllne bu5ine55. Educationlmission & Aid The Syrlan Refu8ee's collections for Edinburgh Direct Aid were held with the support of the local community which was well supported by the surroundin8 communlty. The Angel Tree at Christmas, was a local project. Pastoral Group Although small, the pastoral group has been an invaluable tool in mSnSsterlng to the elderly, housebound and sSck members. Owing to the Covid-19 Restriction's pastoral visiting In not allowed. Contact has been made by telephoning members. Hospltallty Team No events owing to COVID-19 Re5trlction Property Team The Property Team is responslble for maintenance and repair work. As far as possible the bulldSng was kept wind and watertight. Where required light bulbs were changed and heaters kept In working order. Financial restrictions limited the work of the Property Team. Several projects have not been undertaken and remain "on hold" until the financial situation improves. During the year the Friend5 of Brechin Cathedral donated funds to repair the bell tower. A 8rant was also received from The Listed Places of Worship scheme to cover the vat paid. Cathedral Gulld The Guild disbanded in March 2020 and it is understood that funds at 31 December will be remitted to the national Guild at 121 George Street, Edinburgh. Flower Fund With SundaV5 worshlp belng Ilmited due COVID-19 Restriction Flowers were not required.
Brechin Cathedral, Church of Scotland Trustees, Annual Report (continued) Worship The Sundarfs worship has been curtalled In 2020 owing to COVID-19 restriction5. The Cathedral faithfully achieves this primary aim in four key areas: worship, pastoral care. educatlon and mission. Normally worship, the main service Is weekly at the Cathedral at 10.30 am on Sundays with a short monthly service at Stracathro, our second place of worshlp. A Prayer tree In the south transept also allows for prayer requests to be made by members and vi51tors and these are then fed into our on the first & third Sunday of the month service Additional evenin8 services are held at Advent and Easter with a series of servlce5 for each of the days of Holy Week. The Elders conduct services when Locum Minister is unavailable. Flnanclal Revlew The Cathedral's prlncipal source of Income comes from offering through the Weekly Freewlll Offering Scheme and through Standing Order5. Both of these sources of funds are in the maln subjert of Glft Aid. Income fell during the financlal year, and expendlture fell as a result increased empha515 on cost control. In the year to come we as a congregation will endeavour to ralse our level of giving and further examine our level of expendlture with the aim of bringing congregatlon accounts into balance. The continuing fall in our income, this has led the Kirk Session Into discussion re8ardin8 Unlon with another local Church which has failed to materialise. Financial Ir)come has been severely restricled due to COVID-19 Restriction5 on worship, openin8 the Cathedral for visltors and fun raisin8 events. The General Fund showed a deficit at 31 December 2020 of £1412019 £431 after allocating £135012019 £2,600) to the Fabric Fund this is due to a fall in giving. The Cathedral's principal Source of income comes from offerings through the Weekly Freewill Offering Scheme and throu8h Standin8 Orders £22,623 12019 £32.917) of which £21,085 12019 £28,453) was received under the Gift Aid scheme. Gift Aid claim for the period to 31 December 2020 received during 2021 amounted to £1,46012018 £2,418). During the 2020 the Cathedral has been unable to make any payments toward5 the Mission and Aid contribution of £40,51012019 44,0811 from which the vacancy allowance of £11,196 12019 £11,196) was deducted giving a net figure due £29,314 12018 £32,885). At 31 December 2020 the accumulated amount of shortfall for Mission and Aid is £121,28412019 £91,97Ql. There 15 a150 an outstanding loan of £89.976.80 {2019 £87,378) including interest from the Church of Scotland which was to cover the cost of remedial Work to the Cathedral. The total
Brechin Cathedral, Church of Scotland Trustees, Annual Report (continued) Financial Review (continued) amount due to the Church of Scotland for the outstanding loan and shortfall in Ministries and Misslon payments has increased to £ 211,26112019 £169,114). It should be noted that the elertricity accounts for the Cathedr31'5 building were based on estimated account5 which means that there was a considerable overpayment during the year. The overpayment for the period in question is estimated to be in the region of £3,O¢XI. Durlng the 2019 funds, amounting £6,000 were transferred from the Wm Low Pastoral Fund to the Cathedral General bank account where the funds are stlll lodged. We express our thanks to The Society of Friends of Brechin Cathedral, who are financing the repalrs to the Bell Tower, for their generous support and donations for the year and previous years. Reserves Policy At present, with our deficit for the year we are unable to put funds into our reserves.
Brechin Cathedral, Church of Scotland Trustees, Annual Report (continued) Statement of Trustee's Responsibllities Charlty law requlres the trustees to prepare financial statements for each financial year. which show a true and fair view of the state of affairs of the charity and its financlal actlvlties for that period. In preparing these financial statements, the trustees are required to: Select suitable accounting policles and then apply them consistently, Make judgments and estimates that are reasonable and prudent: State whether applicable accounting stondards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; and prepare the flnancial statements on the going concem basis unless it 15 napproprlate to presume that the charity will continue In operational existence. The trustees are responsible for keeping proper accountlng records, which disclose with reasonable accuracy at any tlme the financial position of the charity to enable them to ensure that the financial statements comply with the Charlties and Trustee Investmer)t Iscotlandl Act 2005 and the Charlties Accounts {Scotlandl Regulations 2006 las amended). They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention of fraud and other irre8ularities. Approved by the Trustees and signed on their behalf, Session Clerk
Brechin Cathedral, Church of Scotland Independent Examiner's Report to the Trustees of Brechln Cathedral I report on the accounts of the chadty for the year ended 310ecember 2020 which are set out on Pa8es I tg 14. Respertlve respon51bllltles of trustees and examlner The charity'5 trustees are responsibleforthe preparation of the accounts In accordance wlth the term5 of the Charities and Trustee Investment Iscotlanill Act 29 and the Charltles Accounts Iscotland Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10111 Idl of the Accounts ReBulatlons does not apply. It is my responslbllily to examine the accounts as requlred under sectlon 44111 Icl of the Act and to state whether particular matters have come to my attention. Ba51s of Independent examlnerfs statement An examination is carried out In accordance wlth Regulation 11 of the Charltles Accounts (Scotlandl Re8ulatlon5 2006. An examination includes a review of the accounting records kept by the charlty and a comparison of the accounts presented with those records. It a150 includes consideration of any unusual items or disclosures In the accounts, and Seeks explanations from the trustees concernlng any such matters. The procedures undertaken do not provide all the evidence that would be requlred In an audit, and consequently I do not express an audlt oplnlon on the view gNen by the accounts. Independent exarnlnerf5 Statement In the course of my examination. no matter ha5 come to my attentlon whlch gives me reasonable cause to belleve that in any materlal respect the requlrements: to keep accounting records in accordance wlth Sertion 44 llllal of the 2005 A¢1 and Regulation 4 of the 2006 Accounts Regulations, and to prepare accounts whlch accord with the accountlng records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met, or 2. to which, in my opinion, attention sbould be drawn In order to enable a proper understandin8 of the accounts to be reached. Nam Addr Date Ottober 2021
Brechin Cathedral Church of Scotland Receipts and Payments Account for the year ended 31 December 2020 Unrn5trkt•d Aertrlcted Erthment Funds Fund5 2020 2020 Total Furt zozo Total Funds. Z019 2020 Receipts Donations 36,Q)8 9.150 45,158 59,047 5,000 909 23S 518 6S,710 Legacles Activltles for generating fund5 Bank & deposlt interest Investment Income 542 542 165 440 46,305 128 55 183 51 334 9.518 Rentsl of premlses and alkjtments Sale of assets Sale of Investments Grants Re¢elpts from General Trusttts Other recelpts 2,242 2.242 5,561 1.176 2,126 3.302 750 Totsl r1p1$ 40.022 11.644 183 51,849 72,021 P•ymet Cost of 8eneritln8 fvnds Charltable actlvities Governance cos 113 78,947 42,112 9.416 51,528 Total payments 42,112 9,416 51,528 78,610 Excess of r•(tlpts over payments 2,228 183 321 6,589 Tr¥n5krs Overall emcess of re¢elpts over payments 2,228 183 321 .589
Brechin Cathedral Church of Scotland Statement of Balances as at 31 December 2020 Unr•rtdcted Funds 2020 Endowrnent Funds 2020 Total Funds 2020 Tot•1 Fund5 2019 Funds 1020 Bank & Oeposit balan¢e5 A5 at I january 2020 10.603 15,643 20,543 46,789 53,378 Movwnent In year Excess ol receipts over payments 2.228 183 321 -6,S89 As at 31 D•c•mb•r 2020 8.513 17,871 47.110 46.789 Investments at market lu• 15 15,760 13.5a2 2228 16.377 U8bllltles 2020 2019 General Trustees Loan 89,976 87,838 Mlnlstries and Mi$51on Arrears 121,284 103,166 The accounts were approved by the Kirk Session on 29th September 2021 For and on behalf of the Kirk Session rustee reasurer io
Brechin Cathedral Church of Scotland Notes to the Accounts l. Trustee remuneratlon and related party transactlons Name ottrustee or associate Amount Nature of payment Locum minister Rev. lan Gray Reimbursement of travel expense dalms £30 2. Movement In Funds Atlja 2020 R•cts P•trnr Transfgri At 31 Det 2020 Vnmstrlrted Fub)ds General Fund Benevolent Fund Guild Fund Deslgnated Fabflc Fund Education Furbd Deslgnated Lunch Club 8,260 703 630 -8837 5.393 4,454 39,673 38,338 .1,350 8,245 703 323 -10,833 5,425 4,650 iii 418 3,346 1,350 32 206 io 10,603 40,022 42,112 8,513 R•strlcled Funds Oigan Contln8en¢y Fund Pastoral Fund Bell Tower Fund Dry Rot Fund 5,462 9,251 369 5,831 9,251 1,012 1,777 11,275 9,416 1,777 15.643 11.644 9A16 17.871 Endowment Funds Campbell Adam50n Fund Dewarf5 Executry Simpson's Flower Fund Thomas Binnie Legacy 7.326 1.530 206 11,481 39 7,365 1,538 261 11,562 55 81 183 Total Funds 46,789 51,849 51528 47,110 li
Brechin Cathedral Church of Scotland Notes to the Accounts (contlnued) Purposes of Unrestritted Funds General Fund.. This fund is used for the day to day running of the Church. Education Fund.. This fund is used for all forms of education withln the church. Guild Fund.. This fund is used in furthering the work of the Guild. Benevolent Fund: This fund Is to provide benevolence to people In need within the parlsh. Purposed of Dèslgnated Funds Fabric Fund.. This fund is for upkeep of church buildings Lunch Club: Thls fund is to provide a lunch club for people in the town. Purposes of Restrlcted Funds Dry Rot Fund.. This 15 a fund to be used for dry rot repairs to church buildlngs. Qrgan Fund.. Thls fund15 to be used for replacement or repair of the organ. Pastoral Fund.. Thls Is a fund Is to provide pastoral care. Purposes of Endowment Funds Campbell Adamson Fund- The Income from this fund is to be used for muslc. Dewar Executry.. The intome from this fvnd is to be used for Sunday teaching. Slmpson Fund: The income forni thi5 fund is to provide flower5 for dlsplay durin8 5ervlce5 of worshlp Thomas Blnnle Fund: ThSs fund was set up to traln young organlsts. 3. Land and 8ulldin8S The congre8atlon's interest In the followlng properties is not reflected in these financlal statements. Brechln Cathedral, Church Lane, 8rechin Cathedral Hall, Church Lane. Brechln Cathedral Office, 6 Church Street, Brechin Cathedral Manse. Chanonry Wynd, Brechin Stracathro Parish Church, Stracathro 4. Analysls of donatlons Unrestrlcttd Endowment Totsl Funds Funds Funds Funds 20ZO 2020 2020 2020 Total Fur 2019 Frepwlll offerln8 scheme Inon Gift Aid) Gift Aid dgnatlons Tax recovered on Gift Aid donations Ordinary offerings ltspen platel Other offering5, donatlons etE Total for year 1,538 21.085 6,472 780 1,538 6,481 21,085 26,436 6.472 .257 780 5,142 12,731 59,047 6.133 9,150 9.150 15,283 45.158 12
Brechin Cathedral Church of Scotland Notes to the Accounts (continued 5. Analysis of payments Unresirftted A*strttiÈd Endowment Fund5 Funds Fur 2020 2020 20120 Total Fund5 2020 Total 2019 Costs of genarating funds Investment Managels fees Offerln8 envelopes & campalBn materlal 113 Total for yeor 129 Charftable actlvltles Mlnlstrles & Mlssion allocation Presbytery dues Voluntary addltlonal stlpend Locum Minlsterfs expenses Mlnlsttrlal asststance Pulpit supplv other stafflng costs Repair5 & malntenan Councll tax Heat, li8ht & water char8e5 In5uran¢e Church offlce telephone Prlntln& statlonery and postage orher expenses 16,000 886 942 942 30 30 28 8,768 14,494 60 5,138 12,946 12,762 10,266 491 8,768 5,138 3,346 491 7.484 11,334 592 9,416 7.484 11,334 592 7,431 11,454 600 615 615 3,311 1,222 3,170 3,311 4Z.111 9.416 51,527 78,497 Govemance ¢osls Independent examiner Other payment5 Purchase of assets Purchase of investments 13
Brechln Cathedral Church of Scotland Notes to the Accounts (continued) 6. Mlnlsterfs Stipend All Church of Scotland congregations contrlbute to the National Stipend Fund which bears the costs of 11 mlnlsters, stipends and employels contrlbutions for national insurance, penslon and housing and loan fund. Minlsters, stipend5 are pald In accordance with the national stipend scale, whlch Is related to years of service. For the year under revlew the minimum stipend was £28,137,. the maximum Stipend In the frfth and subsequent years of 5ervlce was £34.577. 7. Collectlons for Thlrd Partles There were no collections for third party organlsatlons during 2020 or 2019. Appendlx I Funds held on behalf of the Congregatlon by Church of Scotland Trustees Church of Scotland Consolldated Fabrfc Fund Capltal Icost £8831 1,342 1,376 Revenue 7.620 5,747 It should be noted that the manse was rented out for two months durln8 the year and the rental Income is belng paid dirert to Church of Scotland Trustees Consolidated Fabric Fund - Revenue account. Appendix 2 Unrestrftted Funds Ae51rfeted Endowment Fuhds 202• Total Funds 2020 Total Fund5 2019 2020 zozo Church ol Scotland Growth Fund OrEan Contln8ency Fund 2520 unlts Ic05t £38751 Simpson Fund 415 units Itost £l(J)01 Ctyde Port Authoritv 3% irredeemable stock 13.532 13,532 14,062 2,228 2,228 2316 25 25 2S 14