The Church of Scotland
Millisle Kirk
Congregation No :070433 Scottish Charity No : 010621
id we SC01061s Dea /
Page 1.
Trustees Annual Report.
The trustees present the annual report and accounts ‘fe RE church of Scotland )
Reference andAdministrative information
Congregation Reference No
Trustees
Principal Office- Bearers
Banker
Structure, Governance and Management Governing Document
The Church is administered in accordance with the terms of the Deed of Constitution
os
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| : Page 2 | Recruitment and Appointment of Trustees. | All members of the Kirk Session are the charity trustees. The Kirk Session Members are the elders of the church and are chosen from those members of the church who are considered to have the appropriate gifts and skills. The Minister, who is a member of the Kirk Session, is elected by the congregation and inducted by Presbytery. | : Organisational Structure. : The Kirk Session, which is moderated by the Interim Moderator, meets at need and is responsible for spiritual affairs within the church Objectives. : The Church of Scotland is Trinitarian in doctrine. Reformed in tradition and Presbyterian in | Policy. It exists to Glorify God and to work for the advancement of Christ's Kingdom troughou the world. As anational church, it acknowledgesa 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 various ecumenical bodies in Scotland and beyond. At a local level, Millisie Kirk which is now a Union with Kirkinner, seeks to work together with its linked parish of Mochrum to serve the people of Sorbie, Garlieston, Kirkinner ,Mochrum and the surro nding district. Achievements and Performance. | This has been a year of change for us all, becoming a Union with Kirkinner and linking with Mochrum. luckyUnderenough the guidanceto secure ofatheGEEservices of our the InterimRev Steve Moderator,Fulchereverythingas our locumis falling,who isintoproving place andiwe werevery popular andUnfortuneatelyis working very we have hardnotin ourhad any various fundraising parishes this. past year With all the changes , including ils@le of our hall, it has just not been possible to organise anything . We hope to rectify that this spring and afe already planning. | Donations were made to Riverside Day Centre & | | | | | | : | | :
Financial Review
The Church receives its main income from weekly offerings and Gift Aid , slightly up from 2023 Gift Tax rebate claim was £1999.15 Fabric repairs were £5136.21 There were no fundraising events this year as hall closed. The only extra income was from teas on a Sunday after service £243.39 Income from Funerals & Weddings was £700 As there is no manse ,there are no bills for oil etc. Pulpit Supply was £2902.91 plus travelling expenses
Reserves Policy
It is the Trustees’ policy to hold reserves of six months expenditure including designated funds. At this year end the Church held unrestricted cash funds of £33,632.71
Approximately £5566.01 is held by Church of Scotland General Trustees in Fabric revenue account The Trustees are aware ofthe need to continually have reserves for repairing and maintaining the Church The Market Value of Consolidated Fabric Fund is £55644.48
Statement of Trustees’ Responsibilities
Theto members ofthe Kirk Session must ensure financial statements which give sufficient detail Theenable an appreciation ofthe transactions of the Church during the financial year. whichmembers ofthe Kirk Session are responsible for making sure proper accounting records are kept , This , on request , must reflect the financial position of the Church at that time. must be done to ensure that the financial statements comply with the Charities and Trustee Investment(Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 and the Regulations Anent Congregational Finance approved by the General Assembly ofthe Church of Scotland in 2007 They are also responsible for safeguarding the assets of the Church and must take reasonable steps for the prevention and/or detection of fraud and other irregularities.
Approved by the Trustees and signed on their behalf
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Date ( | < |
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Millisle Kirk
Receipts and Payments Account
Year ended 31st December 2024
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|---|---|---|---|---|---|---|---|---|---|
|Sorbie|
|Parish|
|Unrestricted|Restricted|Endowment|Church|
|Funds|2024|Funds|2024|Funds|2024|Total|2024|Total|2023|
|Receipts|Note|
|Donations|3|£13,079.65|£0.00|£0.00|£13,079.65|£11,67033|
|Activities|for Generating|Funds|£243.39|£0.00|£0.00|£243.39|£20310|
|Bank|Interest|£972.76|£0.00|£0.00|£976.76|£0.00|
|Deposit|Interest C|of S|£60.84|£0.00|£0.00|£60.84|£0.00|
|Funds drawn from Church|of Scotland|£5,520.56|£0.00|£0.00|£5,520.56|£44|67|
|£19,877.20|£0.00|£0.00|£19,877.20|£11,918.10|
|Rental|of Premises|£700.00|£0.00|£0.00|£700.00|£560.00|
|Sale of items from|Hall|£0.00|£0.00|£0.00|£0.00|£210.00|
|Electricity|Refund|£154.69|£0.00|£0.00|£154.69|£150.00|
|Share from|sale of bike|£0.00|£0.00|£0.00|£0.00|£367.00|
|Earl|Haig|Collection|£121.30|£0.00|£0.00|£121.30|£0.00|
|Pres M & M|Refund|£0.00|£0.00|£0.00|£0.00|£140.00|
|Sorbie|Church|£2,000.00|£0.00|£0.00|£2,000.00|£0.00|
|Kirkinner Church|£15,778.01|£0.00|£0.00|£15,778.01|£0.00|
|Total|Receipts|£38,631.20|£0.00|£0.00|£38,631.20|£13,345.10|
|Payments|4|
|Costs|of generating funds|£120.54|£0.00|£0.00|£120.54|£0.00|
|Charitable|Activities|£19,593.78|£0.00|£0.00|£19,593.78|£10,228.52|
|Governance|Costs|£0.00|£0.00|£0.00|£0.00|£0.00|
|Total|payments|~£19,714.32_ee£0.00|£0.00|£19,714.32_£10,228.52|
|Excess|of|Receipts|over|Payments|
|for the year before|transfers|£18,916.88|£0.00|£0.00|£18,916.88|£3,116.58|
|Transfers|£0.00|£0.00|£0.00|£0.00|£0.00|
|Excess|of|Receipts|over|Payments|
|for the year|£18,916.88|£0.00|£0.00|£18,916.88|£3,116.58|
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| Millisle | Kirk | ||||
|---|---|---|---|---|---|
| Statement of Balances | |||||
| At 31 December 2024 | |||||
| Sorbie | |||||
| Parish | |||||
| Unrestricted | Restricted | Church | |||
| Funds | Funds | Total 2024 | Total 2023 | ||
| Note | |||||
| Bank & Deposit Balances | |||||
| Bank & deposit Balances brought forward |
£14,715.83 | £0.00 | £14,715.83 | £11,599.25 | |
| Movement in Year | |||||
| Excess of Receipts over Payments for the year |
£18,916.88 | £0.00 | £18,916.88 | £3,116.58 | |
| Bank & deposit balances carried forward |
£33,632.71 | £0.00 | £33 632.71 | £14,715.83 | |
| investments at market value | |||||
| Church of Scotland Funds | £55,644.48 | ||||
| Assets | |||||
| Liabilities |
These accounts were approved by the Kirk Session and Financial Board on
For and on behalf of the Kirk Session and Financial Board
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- => > = ‘ Session Clerk {) | ¢ / ea Treasurer
Millisle Kirk
Notes to the Accounts
1. Trustee Remuneration and Related Party Transactions
During the year 1 trustee received reimbursement of expenses incurred totalling £300.00 No trustee received any remuneration during the year
2. Movement of Funds
At 1 At 31 January December 2024 Receipts Payments Transfers 2024 Unrestricted Funds General Fund £14,715.83 £38,631.20 £19,714.32 £0.00 £33,632.71 Total funds £14,715.83 £38,631.20 £19,714.32 £0.00 £33,632.71
| Sorbie | |||||
|---|---|---|---|---|---|
| Parish | |||||
| Unrestricted Restricted ©Endowment Funds 2024 Funds 2024 Funds 2024 |
Total 2024 | Church Total 2023 |
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| 3.Analysis ofDonations WFO Scheme GiftAid Donations TaxRecoveredon GiftAid Donations OrdinaryOfferings OtherOfferings, Donations etc |
£189.50 £6,731.20 £1,999.15 £3,081.80 £1,078.00 £13,079.65 |
£0.00 £0.00 £0.00 £0.00 £0.00 £0.00 |
£0.00 £0.00 £0.00 £0.00 £0.00 £0.00 |
£189.50 £6,731.20 £1,999.15 £3,081.80 £1,078.00 £13,079.65 |
£189.00 £5,139.00 £2,250.28 £2,873.05 £1,219.00 £11,670.33 |
| 4. Analysis ofPayments | |||||
| Costs ofGenerating Funds Offering Envelopes |
£120.54 £120.54 |
£0.00 £0.00 |
£0.00 £0.00 |
£120.54 £120.54 |
£0.00 £0.00 |
| Charitable Activities Giving toGrow Presbytery Dues Other Staffing Costs Pulpit Supply/Travel FabricRepairs& Maintenance Council Tax/Water Heat& Light Insurance Organ Expenses PoppyScotland Hall Sale Expenses PoppyWreaths Transfer Millisle Kirk OtherExpenses |
£2,126.00 £342.00 £1,030.00 £2,902.91 £5,136.21 -£200.01 £2,240.43 £4,787.44 £320.00 £125.00 £451.20 £112.60 £220.00 |
£0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 |
£0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 |
£2,126.00 £342.00 £1,030.00 £2,902.91 £5,136.21 -£200.01 £2,240.43 £4,787.44 £320.00 £125.00 £451.20 £112.60 £0.00 £220.00 |
£43.00 £220.00 £1,020.00 £320.00 £1,469.40 £0.00 £2,259.22 £2,560.50 £0.00 £0.00 £0.00 £68.40 £2,000.00 £268.00 |
| £19,593.78 | £0.00 | £0.00 | £19,593.78 | £10,228.52 |
5.Ministers Stipend
All Church of Scotland congregations contribute to the National Stipend Fund which bears the cost of all ministers' stipends and employer's national insurance, pension and housing and loan fund.
Ministers’ stipends are paid in accordance with the national stipend scale, which is related to years of service. For the year under review minimum stipend was £31642 and the maximum stipend (in the fifth and subsequent years) £38884
| 6.Collections forThird Parties Riverside Centre EarlHaig |
2024 £255.00 £125.00 |
2023 £250.00 £0.00 |
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APPENDIX
FUNDS HELD ON BEHALF OF THE CONGREGATION BY CHURCH OF SCOTLAND GENERAL TRUSTEES
| DEPOSIT FUND | 2024 | 2023 |
|---|---|---|
| Organ Fund McEachran Trust for Church Grounds |
£880.00 £680.65 |
£1,200.00 £594.77 |
| Growth Fund - McEachran Trust at Market Value | £2,558.38 | £2,337.83 |
| MinisterialFund | £613.68 | £0.00 |
CONSOLIDATED FABRIC FUND REVENUE ACCOUNT
Credit Balance
£5,566.01
CONSOLIDATED FABRIC FUND CAPITAL ACCOUNT
At Market Value
£55,644.48
Temporary Account
£313:535.25
Millisle Kirk
SC 010621
Report of the Independent Examiner
Respective responsibilities of the trustees and examiner
The charity trustees consider that an independent examination is needed under section 44 (1) (c) of the Charities and Trustee Investment (Scotland) Act 2005. It is my responsibility to examine the accounts under section 44 (1 ) (c ) of the act and state whether particular matters have come to my attention.
Basis of independent examiner's statement
An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently | do not express an audit opinion on the accounts.
Independent examiner's statement
In the course of my examination of the statement of account for the year ended 31st December 2024 no matter has come to my attention
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Which gives me reasonable cause to believe that in any material respect: . accounting records have not been kept in accordance with Section 44 (1 ) (a) of the Charities and Trustee Investments (Scotland) Act 2005 and Regulation 4 of the Charities Accounts (Scotland) Regulations 2006. . the accounts do not accord with those records. _ the statement of account does not comply with any of the requirements of Regulation 9 of The Charities Accounts (Scotland) Regulayions 2006.
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To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
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Budget 2025
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Expenditure Giving to Grow £1,800.00 Insurance £2,000.00 Council Tax £0.00 . Heat & Light £2,200.00 Locum £7,500.00 Travel £3,000.00 Organ Service £320.00 Presbytery Dues £350.00 Staffing Costs £1,000.00 Fabric Repairs £3,000.00 Upkeep of Grounds £200.00 Other Costs £200.00 £21,570.00
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Income WFO Scheme £200.00 Gift Aid Donations £6,000.00 Tax Rebate £2,500.00 Ordinary Offerings £3,000.00 Donations £200.00 Rental of Premises £500.00 Fundraising £200.00 £12,600.00