The Church of Scotland Irvine Valley Parish Church FINANCIAL ACCOUNTS ST FOR THE YEAR ENDED 31 DECEMBER 2024 Congregation No: 070446 Scottish Charity No: SC 010370 IRVINTr: VAI.LTr:Y PARIS11 CIIIIRCII YEAR ENDED 31 DF.CF,MBF.R 2024 Trustees, Annual Report and Financial Statements 'l-h¢ .1 ruslccs of- Irvinc Vall¢y Varish Church ol'scoiland IIVI)C ) present the Annual Rep)rt dnd Financial %ialements tnr ihc ycar ended I l DcCcM￿r ?1Tr?4. IVl)L was established un l July 2024 r()Ilowing? the union o( Darvel Parish c.hurch. Ndwmilns l.oudoun Church. and Cjalslon l)arish ('hurLh. The tinancial slatemLnts hav¢ bccn prcparcd in acLoTdancL with the accounling boliLILS ouilined in Nule l and L()mply wilh Ihc Gciierdl AssLmbly R¥bulaliL)i)% for C(?ng¥rLt(Iti(?naJ Fill4￿cL. thL ('hiiriiiL% and .1 ru%tLe Invcslmenl {Scoiland) Aci 2005, and thc Q haritiL% Accounts (SLoil￿d) RLgiulali()ns 2(1116. '1-hey alsn adhere In the Accouniingv and Reportinb, by C harities: Sialcmcnt ol Rccommended l)rdLtiLe IS()RP) fur Lharilie8 preparingy their accounls in lihe with IhL' l.'inancial Reporting Standard applicablc in thc IIK and RepuhliL of Ireland {i.-R%1112), as i&su¢d i)n 11) July 2014. Objectivcs and Activities l. Inlroductlon -l-he ('hurLh ibl. %¢oiland is Trinilarian in doclrinc. Rcforn)L'd in Irddili(In. I'resbyleribn in )lily. It exi%ls 11) ¥lcirily (i()d and advwiLe L'hrisl's Kingvdum thruubhuut tlK' world. As nulii)nul I'hurL'h. li dLkn()wlL.dgiL% a dislinLlivc dilly Iii provide r¢lig¥i()us ordinancc8 lo IhL pL()pIL III CVLry parish ul. %Lull￿d Ihrough tLrritiiridl ministry. li al%1) ¥i)Ilab(Irdies I￿.11 churchcs in vari()us Lcumenical bodics within Sci)Iland and bvyc)nd. IrvinL. V(Ille)' l)(Iris C:hurch { IVI)(') eneompa8scs the ihrec l()wn8 nf Ilarvcl. Ncwmi Ins, and (yal%li)n ￿'11h1n Ih. rvinL' VdllL)'. l.(Trll()wing Ihe iiniliLdlion pruLL'%%. IVPC. is niiw tliL' only C hurLh ol. S¢oil4nd ci)nbirLgyulj()ii in tliL VullLy. wilh IhL nL'drL%l n¢i¥hh()urin¥¥ LhurLh bL'ing¥ I lurlli)rd l)arish ChurLh. thrL'L' milcs wcsl ol. Gal8lun. A plilLL' ()[ w()P•hip h&L% bccn rctaincd in cach Inwi) I all()w IcTrLal wi)r%hip. other 2. C'hurch Buildings and F8¢ilitie¥ I)￿LI h(LY il Ir(tdilii)niil churLh huildingj with an anncxed hall. Ncmrmilns ha5 a Iradilion church buildingi ihai has becn Ll()s¢xl Icir disp()sal. wcll a sLparulL refurbished hall up￿r hall. (i(Ilslon has a Iradili()nal LhurLh buildin¥i with an ￿nl'X￿￿ hall. 'l-he Indin buiklingys arL U.%Ld Ic?r rLgpul4ir worship cind srLLial %Ln'lLLS. V¥hilL llll hii11s %Lrv¢ I'aric)u% rcligJji)u4 and social purp()%es fc)r b()Ih Li)ngregali()nal and ni)n-Ll)n¥rL'gpalicJnul orgillni5uliiin5. Newni Ins Li)Iidoun MansL which rLquirL'd somL' upgrading was si)Id in 2024 and Man%L in (idlgti) buili 21116. is rL*lained a5 Mansc tor IVPL.. 3. Miniyterial Ch¥nges and In¢erim ModerAlors Prior lo the union. thL p￿]￿h￿.4 ill- l)Jri i I ￿ld NLH'I)ii Ii)N w'i ri i aiani LhargTrcs. i)verseen 'I'he Minister of Galklon Parish. LIJJ i.xp)rL.S%Ld i¥ illinblllL.%.% Li? ILdd Illi UliitLd l()ngJ￿.￿?ati￿)n, hi ull()wing 111 L XILiidLIl PLri()d of sick leave, she demilled her chargiL' {)[) l.sili JiillLiarv ?094. Icaving IVI'C.. wiihoul a Icnured Tnini.51er. l)uringy her ahsenLL. was appointed as InlLrim ModLralor for CJalst()n I)i￿lSh C.'hurch in March 2112.). I hese %ilion4 ended al thL tim¢. of unilicalion. lerL"%h% ILr%' l.'IdLrs 1)I" l )arvel, Newmiln& and dlslon will ￿e until June 2025 was apsx)inicd as Inicrim m￿eratOr of IVPC by the PresbyleTh (11. S1)uili W'¢%1 %('iiiI￿ld vii Isl Ikcember 2024. 4. Wfyrnbip Servitts Throughout the YLW Lwh church matntainLxl a weekly worship servicc. including Cummunian serviccs. Easicr ￿'rViCes. Rcm¢mhrdnce l)ay ser¥ices. Chrisim&s F.vc and Christm&s morning services. Pulpil supply was arranged where nece&sary, and thc congregation rcmains dveply indebted to the rnany dedicabj l(x"um rninislers. retired ministers, Readers. and Worship l.eaders WIMP have provided scrviccs. Scrvice fomwLS vary by Iocir num￿nn￿) up io l O are under the Icaderthip of organist and cholm1￿￿[cr 'IhL JJ Ilinn.8 ihree-manual organ in (ia]sion h&% awardLxI & (JfddL ' l.LrtiliiitilL Iiom British In%lilutc ot ()r8an Sludics. Scrvic¢s are inlimatcd and slrcamlxl Vi41 FilLelxx)k. All three silts. a￿. re￿nablY well allcndcd. 5. PaJtor*l Car¢ and S*crxrneDts In 21124. prL' and unic?n IIK'rL' were 41 funerdls. with no marriages OT baptisms rccnidi-Q. Sp-¢i411 ¥ratitudL' is Cxtcndixj lo th0￿ who conducted funeral scrviccs. particularly Ind hi% pft)buiiqiner. . who also provided pa￿Oral carL' l(?r (ialston Parish throughout thc rninisler's ahsen(x, visiting famili&8 and conducting fiu)erals. 6. Chunh GovernathLY and UnifKation L)arvcl und Newinilns prcviowsly operdted under ihe Model constitutio￿ whcrc spiritua] uffairs W¢￿ managed by the Kirk ￿￿￿10￿ and SLYular anair• by a Congregational Board. while (iaiston functioned undcr a Unitary Conslitulion (quo￿1 omnia) where the Kirk Session manage% all afTairs. l.ollowing thc uniow thc C()nLJrcgationai Roards of Darvel and Newmilns were di&solved &¥ of I sl July 2024. with tr&L8tec5 from these cc)ngTega1io￿s remaining lisl(xl until 31 st I)ecem￿r 2024. "lkne IVPC KiTk Se&siorL consisting of 59 F.Iders. is now ur¥Jer thc Icadcrship ol the Interim M(xlerator as of Isi l)ecemkr 2024. 7. Committee Structure A similar ci)mmtiiee structure was in placc in cach area bctorc thc union. committees included Worship. Nurturc. Pafjtoral. FAlucation, Ouuea¢h. Roll Review. F.vents. PrO￿rtY. aTMJ rinance. IVPC aims to implcmenl a revived commitiee SIn￿lure in¢orrx)rating mcmbers frthn all are&5 of the Valley. Galston previously had two Elder8 ￿igned to each church Organisatio￿ a Stn￿lUTC that w&s also in pl&e in Darv¢l and may be Teinstataj for IVPC. IRVINF. VALLF.Y PARISH CHURCH TRI:5TTr:ES' RF:PORT YEAR ENDED 31 DECEMBF.R 2024 Objectives and Activities (Cont'd) Throu¥houl 2024, otTice-bearers and ci)mmittee member5 conlinued their dulles. ensuntyg the smooth operiilion of secular and non-secular a¢iivitics across the Valley. Iluilding maintenance and regulalory stsndards were also upheld. 8. Mission and Community ￿n￿Rement IVPC remains committed to ils mission. with pasloral care provided by relief minisiers, Iders, and Lo-()Pled members of the congyrcgalion. Thc minisler is slill regarded thc Parish minister and LontaLI is enN'isag¢d to cnvclop the whole parish. "Ihe minister. once apwinied. is exwicd to mainlain an a¢livL' r()le in ihe community. me¢ling with individuals considering c(ImmUnicant membership. marriage. and baptism. Mission work of the congre¥alion is ongoing and p￿￿Oral care is provided by relief Mi F.Idcrs and co4)ptcd memlx'rs of the ('ongyreg¥alion. isters. ThL relationship bclwcLn Cialslon Parish and Si. Sophia 8 RC Church has E*en afYLLIL'd by leadLrship chanbJL'%. rcsuliing7 in a reduLiion c)f joint aLtivilies. I Ic)wever. inviiations conlihue lo be shared for spccial scrviccs and social cvcnis. mainlaining a level of conncclion be1w￿ll the congregalions. There are ihree Cyuilds. l)arvel numbering approximately 28 and CJal8lon. numFKringi arothd 40 m¢¢i8 fortnightly in thcir local hall. Newmilns is slighily smaller numFL'rinb 12 bul L ually enihu51&$1ic, mecl on a monthly b&sis. The CJuild8 cvntribute substsniiallv Ix)th financial p&slc)rally nol only lo their liuild projecls bul lo the Community and thc church locallk and nalionall).. l)arvL'I Parish Church actively supp)rts th¢ local community through varinus iniliali 'Friend5hip l.unch. i% hcld every monih in thc t)arvcl Mission I lall and is u￿n fTCL' of L argye lo thc enlire Lommunity. Rcbiular food colleLtions arc or¥anii£d io suptK)rt Ihe Darvel J,(K)d LoL'ker. ensuring assislance fijr those in necd. Additionall).. shoeboxes arL. donaled annudly lo Blythswood Care. 'lkne church also provides a B(K)k Room lor community w%e on l uesda at any other timc when ihe Mission I lall is OF￿￿. Cjalslon Parish regularlv collcclcd 'riad items for I:&st Ayrshirc C hurches I lom¢lc&sncss Aclion 11.'AC I la) projeLls and mainiaitss ils commitment lo charitsble work è¢yond thc local are& sUp￿rt conlinues foT the sch(￿1 and hospital on Likoma Island in Malawi. with fundraising efforts growing each year. McT*bers activcly reswnd io rcqucsts for supplies. Lquipmenl. and ong¥oing' trainin& fees. finthcial assislance is provided for three assistant teachers. a latx)rdlory assislant. a pharniaci51. •)d a midwife. A sale of Ixx)ks in the Hogg Ilall contribules lo the Malawi I,"und. In addilii)n. (ialslon Parish participates in the local Chrislmas gift appeal and collecls gifts annually for 'fhe Nighi Belc)re ('hristmas Campaign. Monthly donation5 of dried foodstuffs arc gathered for b.AL"I la and thc SaEvation Arniy fu(xlbanks. Newinilns Loudoun also Lontributcs lo communtly su#lX)rt eflorts by collecting shoeEM)xes for B]￿h5Wood Care and making annual ¢()ntribulion5 10 ) ear und at Chrislmas. One of their key oulreach aclivilies involves providin&y teas. coffees. balinbl and toilei facilities during the NewTnilns Gala Ila!.. Hith pnKeeds sUp￿)rtIng7 a longstsndin Lhurch partnership in Moldova. Donaiions of foodsluffs are regularly coll¢ct¢d and dclive IRVINE VALLF.Y PARISH CHURCH TRUSTTr:F.(*' RTr=PORT YFAR ENDED 31 I>ECLMBER 2024 Objectives and ActRVlties (Cont'd) to the Newmilns l+oodbank. F()Ilowing the recent union ofthe individual churches. effo ave been made to continue SUPFKlrting all pr¢viously assisled causes, though th¢ rcgultrily of coll¢xtions may be adjusted &s services transition to a rotational model. Galst()n Parish has a well-estsblished relationship with AhrensleldL Lutheran Ch rLh in CJL"rniany, spanning 37 years. This partnership rL"mains strong, with hopes for future vigils involving the largyer, newly unified congregalion. Pasl exchangL5 have f()slerLd 8hared Worship. fellow,8hip. and strcngthened conncclions between the congreg>alions. Each year. an in+italion is exlendLd to Galslon Parish for the annual Ilurns Supper and Railway F.estival in Ahrcnsfelde. Traditionally. group visits are arrangFed on an alternaling basis, with one y&qr seeing, a group from Galston travelling to Ahrensf¢lde and the following year welcomingy a visiting, gyro from Ahrensfelde. However, recent y¢ars have seen smaller travel groups due to increasing sls. Due to declining numbers. the Sunday Club now includes children from preschool agè up lo Primary 6 (ages O- l O). There are currently no Sunday organisalions for leena¥¢rs. and no Nlessy Church cvenls have taken plac¢ since th¢ pandemic. Ib¢ 3rd Galston Boys, Brigade cortlinues to meet in ihe Mission Elall, suptK)rting boys as ihey work towards their Queen's Badke and Duke of Edinburgh Award5. 9. Conclusffton Thc unificalion of the three congregJalions marks a sigynificanl Iran5ition for IVPC. The ommilmenl of ils leadcr5hip, congiregalion, and volunteers has Lnsured the continuity o worship, pastornl care, and church activitics during this pcriod of changc. Despile ch4ill¢bges SULh as leadership changes, financial c()nstrainls, and a decline in youth participation. Ihè congTregalions remain commTlled to fostering community support, charitable givingp. and inlcrnalional partnerships. I,ookin& ahcad, IVPC remains dedicaled lo fulfilling its spiritaal and community responsibililies while preparing for the appointment of a new minister lo lead the parish into the fulurc. Achievements and Performance The year 2024 has been a signifilanl period for Irvine Valley Parish C'hurch (IVPC), with continued cfforts lo enhance worship. communicalion. and communtly cngagiemenl. Statlstics for IVPC show that there are 728 members and 46 adherenls. Communion services Were celL.brated al all three siles having been intimaied across ihe arL'a. In l)arvel: 17 March. 26 May, 25 August and 24, NovLmbL'r In Newtnilns: l O March. 2. June, I" September and I" December Ih In Ga]slon.' 4 February, 2. June and 6 October Fach sile is canying un their nomial meihod of deliveringi the communion elemenls Lmtil alnew minister is inducted dl which time it can be reviewed. All Communii)ns were well attelded although cummunion Lards or invi1¢5 are no longer dclivercd to members. Financial contribulions remain steady dcspite the abscnce of a plannLd g?iving campaigJn. whiLh has not iaken place lor Several ycars due intlially to ihe pandemic and subsequently IRVINE VALLEY PARISH CHURCH TRUSTEES, REPORT YEAR F.NDED 31 DECF.MBER 2024 Achievements and Performance {Cont'd) the ongoing c05t of living crisis. Many members conlinuc lo support the church throug debit and standing ord¢rs. demonstraling commitment dc5PitC CLonomic challengTres. The Galslon Parish Church websile h&s been updated io refleci the union with IVPC, tha new websile undcr developmenl. Currently. the three areas mainlain their separate socill media pages. bul an I'r team is working lowards Lonsolidaling ihem into a single plaifotm. Investments have been made in audio-visual equipmcnl al all main worship sil¢s, allowlng for service streaming to houseEK)und members and fa¢ililaiing inter-venue broadc&sts. Th1% I technology may become a preferred method of service managemenl in the future. direcl Appropriate licensing for copyright compliance, including CCLI. streaming, and video licences, has been secured. Weekly Orders of Service are prepared at Darvel and CJalslon, whilc Newmilns. duL to smaller congreg7alion, does not i8sue them. l)arvel and Newmilns primarily use large SL￿en projeclions for hymn lyrics and scripture readings, with limited hymn b(K)ks and Bibles available. Galston continues to provide hymn books alongside projected lyrics and iexl ensuring acce55ibility in c&se of icchnical dI￿lculties. The implcmentalion of modern technoloby has presented challcngies, but a number of members of the congregation hav volunteered to operate the syslL'ms and prepare projection slides. Newmilns issued newsletters on 7th January, 3rd March, 7ih April, 2nd June, I sl Septen4ber. and 2(hh October, delailing service seh¢dul¢s and preaching assignments. Darvel circulaled newsletters alongjside each communion service, while Galslon did nol issue newsletters 2024. SinLc the union in December, an IVI>C_wide n¢wslciicr has not beL'n rele&sed; however, a leller wa4 hand delivered by F.Iders or wsted lo all m¢mbers and adherL'nls, ouilining, I service5 for the lirsl quartcr of 2025- proposed rolalional 5crvice schedulL' will trial live services at vach venu¢ on a three-week CyLle. fullowed by a joint service every fourth w During joint services. the other venues will be closed to encouragie communal worship. ServiLC announcements and evcnt details continue to be communicated through weekly worship services and church noti¢elx)ards. Pastoral car¢ r¢mains an important aspcct ()f IVPC'S ouireach. C.hurLh flowcrs have bee distributed lo individuals who were ill. hospitslised, bereaved, or celebratingi siginificanl anniversaries. This practice has been warnily received and apprecialed by all recipients irt the community and are an important way of showingy a presence and community sup￿rt. Al ' Galston, floral arrangFcmenls were dtstribuled in lieu ()f iradilional Harvest fruit and veg¥e iifts. while lood donations recetv¢d ai Flarvest by all three congregations wcre direcled i local foodbanks. ble Bible study opportunities continuc. with a weekly discussii)n group in Newmilns and a monthly study gJrc)up in Darvel. -l-he ¢hurch benefits from the support of on¢ R¢iidL'r, one relired Reader, two Worship Leaders, and a bFroup of Ilible l.esson reader5 and Praver wi ers whu &ssisI in Sunday Worship. A rola of elders and church members ensures a warni wel¢Pme at worship services, while a smallcr team of Elders provides stewardship at funeral servic+s. IRVINE VALLF.Y PARISiH CHURCH TRUSTEES, REPORT YEAR ENDED 31 DECEMBER 2024 Achievements and Performance {Cont'd) Church halls serve as valuable community assets, available for hire by EK)th church and don- church organisations. Rentsl income contributes lo building maintenance. Various supptht groups, including Dementia UK. CA Supporl Alcoholics Anonymous. and Morven Day CenlrL, ux. the facilities for services rclalcd io dementia care, addiction recovery, and mtntsl health support. Additional groups such as the three Guilds, a Women's Group, and Mos(knw SWI meet regularly. A variety of creative and fithess-based aclivities, including craft classes, dance. drama, and exercise groups. al.w take place in the halls. A community choir. Sonds for All, and our own church choir meet weekly. lThe outreach iniliaiives, l ea ai the an Friendship I,unches provides social gaiherings for members of the church and wider community. Hall rentals for private funclions have thh¢r contributed to church funds. Maintenane¢ efforts continue for all grounds including ihe Gal%ion gravevard. Security measures remain in place al the Newmilns church buildinbJ as the congregation awaits Presbvtery approval for its disposal, followin8 a unanimous vole for disp()sal prior to the union. In response lo high fuel cosls in 2023. regular winter worship s¢rvices in Galston were relocaied to the Hogg, Hall lo rcduce healingT expenses. A ri)tational service schedule is u consideration which could further optimise energy use across all siles. er Like many cong7r¢gJations within th¢ Church of Scotland, IVPC faces uhallcnges associatql with an ageing mcmbership and Kirk Session. Filling leadership wTrsilions remains dI￿lCUl1. and etTorts are ongoing to complete and implemenl a committ¢L restruclure. 'lThe Unificattr)n Working) Party, established in 2023 with representatives Irvm th¢ Kirk Sessions and Congregational ljoards of all three churches. played a key rolc in finalisinbi the 14asis of ljnion. This agrccm¢nl was approved by the Presb￿ery of South Wesi Scc>tland in 2024 subsequently presented to each Kirk Session and congregalion. Compliance with legal and regulatory requirements is a priority. IVPC remains vigilanl in adheringJ to Health and Saf¢iy regiulations, l)ata l)roteclion law.s, First Aid training, F ire Safciy prolocols. Saliguardingy Vulnerable Groups procedures. dnd F(?i)d I lygiene standar Disabilily Awareness and 1nclu.sion ofiicers were in place beforL' the unioIi; however. IVPC has yel lo fill this role wiihin ihL' new %tru¢lure. r)espitc the challenges faced throughout ihe year. IVPC continues lo make considerable progrL'ss in foslLring a unifivd and vibrant church community. Financial Review Tuial income has incre￿d by £71.946 from the previous year. Thi5 is due mainly lo Ihe unification of thL ihrec valley churches, the incr¢&s¢ al80 includes the transfer of union blnk balances which ¢quate to £34,781. Donations and legacies are usually ihe principal source IRVINF. VALI.F.Y PARISH CHURCH TRll¢*TF.Tr:S' RF.P()RT YF.AR F.NDF.D 31 DECEMBER 2024 Financial Review (Cont'd) income and excluding the union bank balanccs have increased by £28,604 from thc p ious year. Included in donations and legacies are offerings and tsx on Gift Aid which accotsnts for 730/0 and h&s increased by £21,533. Total c051s have incre&sed by £72,698 from ihe ￿eViouS year, mainly due lo Giving to Grow, pulpit supply and ihe cosl of ihe new Audi(￿VIsUal system5. In summary, thL'rc was a nei loss ol. £1,248 c()mpared io a nel loss of £49 inthe previous year. Irvine Valley Parish Church has a Strong financial base thanks lo the response of mem rq over recenl years. The main sourcc of income is reglular biiving by members of the congiregyation. 207 of which pay by means of standing order. Of those who give on a regular b&sis 154 are ¢ligible for Ciift Aid. A further 55 contribute by way of free Will Offering (FWO) envelope4 and a further 13 have pledged to pay by cheque annually. Risk Management The principal risks and uncertaintics lacing the congrcgation logether with the trusteel plans and slrdlegtes to manage those risks have been higyhlighted in the Achievcments and Perfom]ance. Reserves Policy The Trustees do noi have a fornial policy with respect to holding reserves. howeve there is always sufficieni liquidtty lo cnsure thai 2-3 months of regular ongoing expendityre is covered. At thc year end th¢ Church held unreslriclcd funds of £142. 603 of which £3,537 had been designated for ihe fabric fund. 'I'he remaining balance of £139.066 repre%¢'nl% Mboul 3 months expcndilure plus funds rcquired for ihe church refurbishment and mainlenance. The church also held accounts lor restricted funds which at the year-end were nil, whic were provided lor ihe purposes specified in Note 9. Structure, Governance and Management Governing Document 'rhe Church is adminislered in accordance wilh the lenns of the t)eed of Constitution the case ol'cjalston Parish Church ihe 'Model' constitution was replaced by adopiicin of a 'Unltat) Conslitutic)n. approved by ihe Presbytery of South West Scotland in June 2023. As of I, July 2024. IVPC has automatically adopted a Unitary Constitution. IRVINE VALLF.Y PARISH CHURCH TRIJSTF.F.S' RF.PC)RT YEAR F.NI)ED 31 DECEMBER 2024 Structure, Governance and Management Recruitment and Appointmen¢ of Trustee8 Member% of ihe Kirk Session are ihe charity lrnstees. The Kirk Session members are th¢ elders of the church and chosen from those members of the church who are consid¢rcd to hhve Ihe appropriale gFifi5 and skills. Thc committee struclure which could have IK¢'n rcorganis¢d ￿'ith at ihe lime of union has been left &8 il was until an Inlerim Moderator was appointed ald Kirk session meelings rLsumed and n¢w committees could be organised. Prior lo ihe Union mtmbers ol" the CongregFational Boards nf Darvel and Newnilns were also Trustees. The Congreg*lional B(iards were ditssolved on 30 June and these m¢mbers will be removed Irom Lisl of TrustLcs &$ of 31" December 2024. Eld¢rs form the main Lx)dy of the committees bul under Unitary Consttlution membcrs of commiltees are encouraged to nominate and invilc individualsiwiihin the communily or beyond who are believed lo have ihc skills and commilmenl to contribut¢ 10 the management iiffairs of the Church, to becomL members of a specific commilt Such members are allowed io contribute al meelings bul do noi have a c&%ting vole. Or%xnisational Structure The Kirk Session. which, under normal circumstances. meets five times a year and is m by ihe minisl¢r. is responsibl¢ for both spiritua] and iemporal allairs within the ehurch. responsibilities are dele¥aled to the Finance Committee and the Property Commi appropriale. rated ertain ee&s Reference and Administration Information Trustees In consideralion of the Trustees Annual Report and C.OT)gregalional Accounts for ih y¢ar ending 31" Decembcr 2024, the followingi is a lisl of all Trustees havinby th¢ gjcneral contrpl and management of the administratiDn of the Charity, who have served al any lime during th and up lo the dale of signing oft. these Accounts. IRVINF. VAI,l.b',Y PARl4iH C.'HURCH TRIIS"I'F.F.S' RFPORT YF,AR &:NDED 31 1)b,CTr:MBF.R 2024 LL41 of Trustees 2024 K irk Scssinn Kirk Svs%i()n Kirk. Se55iO Kirk Sc%sion I Kirk SL"ssion K irk S¢s%ion Kirk %¢%sion K irk Sc8sion K irk S¢%%iu Kirk SL%%ion K irk SL5%iC)n Kirk Ses%iOn Kirk Sessio Kirk. Scs%iiTrn Kirk ￿$￿Il}n Kirk 8Lssii)n Kirk SLs%ion Kirk %¢%%i()n K irk Se%%ion Kirk S1'%%ii)n Kirk Session Kirk. S¢5%ion Kirk S¢s4i()n Kirk %cts%ic) Kirk SLs%ion Kirk Session Kirk Session K irk Session Kirk S¥%5ion Kirk %cssion Kirk SL%4i()n Kirk Session Kirk Setssion Kirk Session Kirk SLssion Kirk 8e.qsion Kirk. S¢%%ion K irk SL*%ion Kirk S¢%sion 11 Kirk Session Kirk S¢%%ian K irk SL'%sion Kirk Session Newmiln% 11(wd C'lcrk* l)arvLI 14oard ('Icrk* C(Ingregaiii)ridl Iliiiird* Congrck>ational Iloard * Con¥rLgTaliunal lloard * C'oiigregational Iloard C"(Trngr¢yalional ￿)￿rd * Congyrcyyaiional Board * C(In¥rigaiional Eloard * C'ongrckTraiional Iloard * C.'(InbJregiilivEl&il Budrd * HiTrdrd I reasuftT C(InUTfcsoiic)nal B()ard * C'ongrcgational Iloard C(Ingregaiional. Ilnard C(Trn&yrekvaiional Board * C.'i)ngr¢gTaiional Board * Kirk Stssion Kirk S¢s%ion Kirk Ses%ion K irk s￿￿50n Kirk Sthsion Kirk SL%siun Kirk Session K irk. Sc8fii(yn Kirk %L4%ic)n Kirk SL%%ion Kirk %L%%ion Kirk Scsfiion Kirk s￿￿10n Kirk SLs%ion Kirk Scs%ion Kirk SL%%ion NoiL- *l"hL C"(Ingir¢!iaii()nal Ili)ards of Darvel and Ncwmilns was di%hnded on 3(Y Jiine ?024. all Congregalional lJi)ard MLThb¢ts will b¢ rL'iiio%ed friini ihe lisl of'i'rn4lees a.s (If 1° JanLiar¥ ?0* IRVINF. N'ALLF.Y PARISH CHURCH TRlISTF.E5' REP()RT YEAR ENDED 31 DECEMBER 2024 Prineipal Office-beare Minister: Inierim Moderator: Session CleTk- Trcasurcr: Prineipal oifice Irk ine Valley Parish Church Cross StTeet Galston KA4 8AL Charity No.. SC 010370 IDdependeDI F.xaminer LiirN L hartered AcLounlanls, 26 Portland Road KilTlldTnock. KAI 2F.B. Bankery Bank of %coiland. 30-34 King SirL'el. Kilmamock. KAI INP. 10 IRVINF. VALLF.Y PARl6bH C'IIIIRCH TRI!(iTF.F.S' RF.P(IRT YEAR ENDED 31 DECF.MBER 2024 Trustees, R￿ponsibIlItieS in Relation to the Financial Statemepts ThL Lharily Iru4lLL% arL fLsponsiblv for prep(Irinbi a Iruslccs annual rL'port lind ancial Slatcmcnts in accordancc with applicable law and Unil¢d Kingdom AcLuunling slydi￿d5 (I Iniled Kingdom Generally Accepled Accounting PraLliLe)- ThL. lilw appIiLable lo Lh(Iritie5 in SL()tland rLquirL'% ihL IruslL'L% l() prLparL fi ancial sliilemenls lur eaLh yedr whiLh show Él truL Éind Idif VILW of ih¥ silualion OL. the chaqity and ol- the inc(ImingJ resources and applicati()n ol. r¢.sourc¢s (if the charity fi)r Ihal perfod. In prep4irin¥ Ihe linanLial Stiltemenls, Ihe tTU%t¢¢¥ iU¢ rcquircd tc}= .%el¢cl 5uilable UCLounling policie% and then apply th¢m Lcinsislenily. obscrvc thL mcihc)ds prinLipILs in ihc upplicabl¥ Charities SORP. make judgments and eslimules ihat reiisonable prudL'nl. slalc whcihLr applicablL accounlingp stsndards and stalcmenls of rccommLndcd ha%'e bcen l()Ilowed, subjecl lo any departurcs di%Clo￿d and explained in ihc li 51alcmen15- und prcpare thc financial $taicmcnls on thc bboinbi conccm basis unlcss it is inapproph'atc to prcsume thal the charily will continue in oper81ional existence. aclicc ancial 'hL Iru%teLS arL re%ponsiblL for keeping PTUPLT uLLounling rL'LOTds which disLI()%k with rLasonablL acL uraLy al any tim¢ lh¢ I Inancial position of Ihc charity and cnabling ihcm l() ensurc ihal Ihc linancial slalcmcnls comply wilh Ihc C'harilics and Truslcc Invcjimcnl (%LI)tl4ind) ALI 20(IS dnd Ihe C'.harilie.% ALL()ui)t% (Sci)Iland) Regiulali()n% 2111Jl) lil% amcndcd i. 'fhLy arL al%1) rL%PI)n%iblL f()r safcguardinb Ihc as%cls (If Ihc charilv and hcncc for laking r¢asonablL stcps lor thL prcvcnlion and d¢t¢clion of fraud and oiheT irreg?ui4rilies. 'l-he Iruslees are rcspnnsthle tnr ihe matnlenance and integrity ot. Ihc charily and li ncial informalion on thL LonbirL¥dtion'% WLbsilc. l.Lg>islation in ihc Iliiilcd Kingd()m giovtrninb the prcparalion and dissemination of financial slalement5 may diffeT from legislalion i ther jurisdiLlions. Approved by ihe 'l'ru%lee% and sigined c)n their bL'hal I.. ¥iey%ion Clerk Date.. IRVINF. VALLEY PARISH CHURCH TRUSTEE.%' REP()RT YEAR ENDED JI DECEMBER 2024 Independent Examiner's Report to the Trustees of Irvine Valley Parish Church. Year ended 31 December 2024 l TerK)rt on the accounts of the chariry for yw ¢nd¢d 31 D¢ccmb¢r 2024 which arc un p￿eS 13 to 23. tout Resp¢¢tiv¢ respoDsibilities of trustees and eiaminer The Lharit), s Iru51ees are restK)nsible for the preparation of th¢ a¢counis in accordance with the term% nf ihe I'harilies and "I"ruslee In%'eslment (Scotlandl Aci 21KJ5 and the Charities Accpunts (Scoiland) Regulations 2(K)6 (as amendLYI). "rhe charity trustees consider thai the audit ro4uiremenl of Regulation 101 I ) (a) lo (c) Ac¢ounls Regiulalions does nut apply. It is m). responsibililN' lo examine ihe acco r¢quired under section 44{1) (c) of the Act and io slate ￿,hether matlers have come t atlenlion. fthe Ba$1$ ofindependent examiner's %t¥lement MJ. cxaminalion is cOnduCtL￿ in accordancc Regulalion I l of the C'.harities Accdunls (Scntland) Regulalions 2006 (&s amended). An examinalion includes a review of the accou•ting cords kept by the charity and a comparison of thc accounls presented with those records. li also inLlude.8 Lonsideralion of any unusual ilems or disc105UTes in the accounts and sething explanations from th¢ truslees c()ncerning anN' such matters. 'lThe pr(Kedures undertaken d• noi provide all ihc cvid¢n¢¢ thai would ￿ required in an audit. and consequently I do not cxprcs an audil opinion on the accounts. Independenl ¢SamiDer's stalement l)uring my examinaiion, no mallcr has come to my allcntion Ythich gives me reasonablc io beliei'e thai in any material resp¢ci th¢ requiremcnLs.' ti) keep aLLoulliing reLoids in aLcc)rdanLe ￿7th Seciion 44 1 I Xa) of the 21)05 Act Regulalion 4 of the 2006 Accounls Regulations (as amended), and tn prepare accounts which in accordance with the accounling records and comply Vth Regulatson 8 of the 20(16 ALcounts Regulalions las amended) ha%'e not ￿en mel. ot to w'hich, in m). opinion. attention should ￿ drawm lo enable a proper Imderstsndinty or the accounts to be reached. use Ilt'nrN Ilri)Mii & C (i.. Chartered Accountant 26 Portland R04d. Kilm#rnoek, KAI 2EB F.xaminer. Dale.... 12 IRVINE VALLF.Y PARISH CHURCH STATTr:MTr:NT I)F FINANCIAL ACTIVITIES YTr.AR ENDED 31 DECF.MBER 2024 Nole RESTRIC FIINDS BLSTRICTED FUNI)S 2024 2023 I]YC.OMF. AND ENDOWMF.NT FROM: D()nalions and legacies 160.915 160,915 97,530 Charilable activities Other IradingF aclivities 6,713 6.713 2,0611 Inveslmcnl income 4.997 4,997 ,1189 Total incomc 172.625 172,625 I00,C)79 F.XPTr:NI)ITURF. I)N: C'haritabl¢ acliviliLs 17.3.873 173,87.1 101.175 NF.T INC.()MTr:IF.XPTr=NI)I'IIJRF. -1,248 -1,248 -496 T()TAI, FIIND4i BROII(:HT '()RWAKI) 143.851 14.1,8$1 144.347 TI)TAL Tr"IINDS C'.ARRIFI) F()RWARI) 142.603 142,603 143.1151 IRVINF. VALLF.Y PARISH CHIIRC.H BALANCE SIIF.F.T YEAR EliDED 31 DECEMBER 2024 2024 202.3 Note Ci1RRENT ASSETS Ilank and cash 145.426 I.IAIIII.ITIF.S Amoun1.8 talling due wiihin one year -3250 -1.575 Nb:T CURRF.NT ASSETS 143,X.51 THF. FUNDS THF. C'.HAKITY: IINRF.STRICTF.I) FIINI)S Cicncral P'und ulalion% anLnl C'c)ng?r¢giaii()nal I,"inancc apryovcd by IhL' (icncral Assembly ol'thL. Church ()r %c(Iiland in 2007 and ihc Stht¢menl ol'RL'comm+nded )raLlice: Accounting and Reporting by C'harities (2005). Fund I'unds arc LlassifiL'd ￿ L'ither rcslricled lunds or unr¢slriclc￿ fund5. dLfincd as follows. ReslriLILd lund% ￿. lund% subjeLI I() SP¢Lifi¢ rL'quircmcnl.8 lo their use whiLh may be dc arL.d by thL dc)ni)r ()r with ihL'if Éiuihorily or ¢rLalL(J thri)u¥h ILgÉil pr()LLSSCS, bul still wiihin lh¢ widLr objeLls ol'the ¢h￿ly. '.ndi)wmLnt fund5 funds which havc bcL'n bJivLn ()n Ihc c()ndilion thai Ihe i)rig>inal Qapila is n()I reduLLd. bul ihL' income there from is u.sed l()r ihL' purN)sc defined in accordance wi ()bjcLl8 1)I' the Lhdrily. Ilnreslricled lunds are expendable ai the discretion ot- the truslees in furthLran¢e of ihc o ecls ()I'thL Lhdrily. I l- part.s ol-thc unrestrictLd lunds arL' carmarkL.d al thc di￿rCI10n ()l-IhL tru%tL lor a purp()SL'. Ihey arc dL'Siginaled as a ￿'par￿lL fund. -11)is dcsigyn4ltii)n un administrative pup>sc c)nly and docs nL)t Icgially restrict ihL' trust¢cs di5Lrction t() apply ihc lund. the ncominR resourre5 All d()nali()n% dnd bpjft.% are included wiihin tnLC)ming> rc%i)urLL% undLf L'ith¢r unrcstriLI rcstricled lunds per th¢ t¢rms under which the donalii)n is madL and whLn thL amiiunl bc quantified wtih re&sc)nabl¢ ccrtainty. l)onalii)ns and gpifts in kind are hrougphi into ih¢' a￿()￿M.% al Ihcir market value Ic) the charity. Rtsour¢¢q cipended. [-' xrKndilure is recog)nised on an aLcruals basis the liahility is incurred. 15 IRVINF. VALLTr:Y PARISII C:HIIRCH AI'C'OIINTINI: POI.IC"IE,S YF.AR b:NDD:I) 31 Db:CLMIIER 2024 Accounting Policies (Cont'd) Tan2ible filed asset8 'rhe Lharity has the ri8hi lo ociupy and u8c for its charithble objccts, certain tangiblu fixed I5setS. includingi ihe Church. halls, and mansc, vesled in the c.hurch ol. Scotland (i¢neral I ruslets. No L()n%idcrali(In is payabl¢ lor thL' USL. of iliLsc &%scl.s. l."xpcndilure incurred on thL' rL'pJr mainiLn(UJLC of ihL'se &ss¢tS l% LhargiL.d resourLcs expendL.d in ihe slalLmenl ()I' li nLiiil activities in the ￿riod in which the liability arises. All tangible fixed &ss¢l8 coslingT in cxccss of £ 1,000 havtng a value lo the charity gircal than ()nc year, i)ther than Ih(1sc aLquircd for specific purposes. ar¢ ¢apilalisL'd. Ik'preciatl()n is Provided on a straight-line b&sis lo I￿11¢ off the cost ()r inilial valuc, less residual valbe. of langiblc lixcd asscls ovcr iheir cslimalL'd useful lives: 'cu-hold buildinb., l-ixturcs. fillingv%. and i)Ificc equipment 25 years Inve8tment I. ixL.d 4l%%LI inveslm¢nls are statLd al market valuc al the balanL¢ shecl dale. Ilnreaiiscd gaiAs and 105scs rcprLsent thL dillircncL bctweL'n ihe market value al thL' heginning¥ and end of Ihc liscal ycar i)r, il. purL'hL%¢d in IhL yLar, IhL dillerL'llLL bL'IwLLn ¢()%1 m(￿kl.1 v(IIuL at IhL' L'nd bl. IhL ycar. Reall￿.d bVdin.4 and l()ssc.4 rcprL%Lnl the difTcrLncc bL'lwc¢n thc pr()c¢L￿5 on disp()s41 and IhL markLI ￿￿lUC. 411 IhL 8lart ()I' Ihc yLar ()r ic)st it. pur¢haNLd in IhL ycar. 'I'axxtion (wal%lcTrn Piirish C'hurch is rccogni.%cd &$ a charity for the pury)05CS i)f applicable I ILgiislalion (Ind is ihL'fLlc)rL nc)1 subjcLI Ii) taxation on 115 chariluhlL' aLtiviliLs. 'l-hL Lhdrily regislercd Ic)r V A-I. and resources ex￿nded therefore tnclude irrccovcrable input V A'l.. li(In 16 IRVINE VALLEY PARISH CHURCH NOTES FORMING PART OF THF FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 UNRESTRICTED RESTRICTF.D NDS 2024 2023 I)ONATIONS ANI) LF.I:ACIF.S Tr4in.4fer ol. union balances Ollirinb>% l ax rcc()vcred on Ciift Aid ConsolidalLd stspcnd incomL D(Inulic)n. InLI)mL' {('hurch organisations) L¢gFaLies 34.781 76.416 15.-307 10.390 2.575 15.446 6,(100 160.915 -14.781 76,416 58.014 12.176 9.-332 .750 12.502 -3.756 97.530 6.0011 160.915 2 C.'HARITABI.F. AC.'TIVITIF.S Wc'ddings and F'uncrals 3 ()THF.R TRADINI, ACTIVITIF.S Use ol. pr¢mi8es 6,713 6.71.1 2.060 6.713 2.060 4 INVF.STMF.NT INC."OMF. Bank intere.%1 4.997 4.997 1,089 4.997 1.089 IRVINE VALLEY PARISH CHURCH NOTES FORMING PART OF THF. FINANCIAL STATEMEwrs YEAR ENDED 31 DECEMBER 2024 NRESTRICIED RESTRICTED Note FUJYDS FUNDS 2024 2023 S ANALY.SIS OF RFSOURCF.S F.XPENDED Giving To Grow Presbytery Ducs Ministers F.xpenses Minislerial As5islance Pulpit Supply Other Salary Costs FabriL Repairs and Mainienance Church oifice Expcnses Other Buildings Costs Other Expenses Costs (Church organisations) 62,210 3.674 1,674 62210 3,674 1.674 50,632 1,578 720 6.050 12.843 5.860 5.683 62,607 918 12,354 6,050 12,843 5060 10,083 5,361 5.627 12.048 924 14.171 62,607 918 173.87.3 173,873 01.175 SupFK)rt costs have not ken separalely identified &$ the trustees consider there is onlv onc ch activity. Therefore, support costs wtholly to that activity and have noi been Xparalely identified, ble 18 IRVINE VALLF.Y PAR1511 CIIIIRCH NOTF.S FORMINI: PART OF THF. FINANCIAL STATF.MFNTS YTr:AR F.NDF.D.11 DECEMBF.R 2024 6 STAFF COSTS AND NIJMBF.KS 2024 2023 Salaries and ￿'ageS 12.843 10.083 The average number of cmployees during the year. calculaled based on a head count was as foll ws.. 2024 2023 No Ministerial Support Administration Mustc Staff Premises Maintenance All Church of Scoiland congregialions contribute to the National Stipend Fund which bears thc c(kns of all minislers, %tipends and employers, contribulions for national insurance. pension and housingy and oan fund. Minister's stipends are paid in accordanc¢ with the national stipend scale, which is related to ye For ihe year under revi¢w the minimum stipend was £31,642 and the maximum stipend in 5 and subsequent years of service is £38.884. 19 IRVINE VALLEY PARISH CHURCH NOTES FORMING PART OF THF. FIliANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 7 TRUSTEES REMUNERATION AND RELATED PARTY TRA]YSACTIONS During the )'ear there were no donations received from any of the TrU￿ceS. During the year there were no re-imbursement of expenses to any of the tr￿81¢¢5. 8 FUNDS HELD ON BEHALF OF THE CONGREGATION BY THE CHURCH OF SCOTLANI) TRIISTF.FS 2024 2023 Markcl values at the year end 875,150 95,441 20 IRVINF. VALLF.Y PARISH CHURCH NOTF.S FORMIN'I: PART OF THF. FIYAIYCIAL STATF.MENTS YEAR ENDED 31 DECEMBER 2024 9 MOVEMEwfs IN FUNDS TK4%STrF.R OF ITliIO L4NC"ES C.OMING RFSOURCES RFSOiiRCLS TRANSFEKS oiffjin024 Ill2n024 RESTRicfED FUNDS There are no restricted funds UNRESTRicfED FUNDS Fabric Fund Fabric Fund Res¢tve Fund Reserve Fund General Fund GenL'ral Fund General Fund De%ignaicd Funds.. Malawi l.und Sundav Club Ahrensfelde Tca al thc Ilogg Womcn's (iroup Guild Friendship Club Church Choir Flower Fund Make Do & Mend Gds PALS Flower Fund Pastoral Care Guild Guild Kirk Se55LOII Coffee Pol Flower Ministry Craft and Chai G￿511)n 2.507 .265 5.342 518 29.?54 4.350 2.780 757 45.416 58 54,413 7,549 15,358 tknel 1.268 58.062 8.008 52 D4rvel 10.606 -10.600 -3.026 2.000 G￿S 74.221 89.589 19.334 9.285 Dxvel 6.348 1.170 18.535 13.473 Newmilns 422 743 2.571 1.980 163 237 .053 .614 .361 1.405 457 589 1.632 130 1?4 621 110 325 326 1.339 585 453 553 2,245 2,041 1.590 497 197 240 917 449 2.212 886 81? 958 107 64 127 Cvds 50 1.005 ?.908 2.168 917 281 547 2.042 161 67 636 690 890 39 G•ts 701 1.201 1.934 1.978 673 539 230 -100 -250 -700 GJ15 -300 400 886 506 2.197 306 247 919 150 163 15 D￿¢] D￿¢1 N¢*Triln5 N<￿T￿lIn5 Ntwmil 120 401 719 ?89 TOTAL FIJNDS 143.851 34.781 129,646 165.675 14? 603 oses of the Reslritt¢d FuDdJ There are no restricied funds. oses of the Rtslricted Funds Fabric Fund buildings. Reserve l.'und Designaled Trunds This is a fund used for the mainlenance of all the church This is a fund thal can be used for conlingencies. The truslees have sel aside fund.8 foT ihe orgyani5ations use 21 IRVINF. VALLEY PARISH CHIIRCH NOTES FORMING PART OF THE FINANCIAL STATEMENTS YF.AR ENDED 31 DECEMBER 2024 10 CRF.DITOILS 2024 2023 Accruals: Hvat and Light Telephone Presbytery dues 400 3SO 250 75 1,250 ,575 3250 I I ANALY,Slfi OF NET A.SSF.Tfji AMONG FI5NDS (ieneral Desi naied Rcstricled Endowmenl rix¢d asscl.% Inveslmcnls L'urrenl &ssets C'urrcnl liabililies 129.581 -3.250 126.311 16.272 145.85.3 -.3.2511 14•.6111 16.272 12 C()LLF.￿lONs FOR THIRD PARTIF.S In addilion lo the income recorded in the ac¢ounls. the following income from special collecli rund-raising evcnts for s￿la1 purposes w&$ received and disbursed during thc year lo oiher c sand rities Poppv Scotland C'hristi￿ Aid l.ood LockLr 298 505 83 22 IRVINF. VALLEY PARISH CHURCH NOTES FORMING PART OF THE FINAI¥CIAL STATEMEwrs YEAR EliDED 31 DECEMBER 2024 12 COLLE￿10Ns FOR THIRD PARTIES (CoDt'd) 2024 Women's Group National Guild Project British Heart Foundation Doug,la5 Granl Centre Macmillan C.anc¢r Hearing Dogs Diabetes UK Pancreatic Cancer Guild Projeci Hom¢ for Good Marie Curi¢ Bcalson Galston 3, Brownies Al2heimer's UK 31K) 50 50 50 30 50 00 50 50 M*lxwi Fund Cash Mala￿7 Teachers 9(X) 1.080 1.¢80 Women's Guild Nc) One Dies Alone Guild Projects Ayrshirc Hospice Mary's Meals SCAA 200 200 230 Make Do and Mend Child Food Larder Macmillan Cancer Ayrshire Hospice 4(K) 200 200 200 Choir Ayrshire Hospice EAC Carers 30 30 4,420 23