Scoilivh Charlty No. SCOI 1118 Duke Street United Reformed Church Trustees, Report and FiDancial Ststements For the year ended 31 December 2024 |+P Innes & Partners Ch6rterèJ Cert5fvd Acclluntants
Duke Street United Refonned Church C•Dt¢mts •f the Fln8ttth] St*tsmeDtsfor ihe year ended31 December 2024 Rcport of thr TThsto¢ Rec¢ik%8 undPayments Accowit St&tellt of Bal9 Nots8 to th¢ Financial StatellKDts
Duke Street United Refom]ed Church R¢port of the TTr$teebforrheyear ended 31 Deceryzbtr 2024 Tr Trustees are pleased to presffjrt th¢ir r¢port I0er with the financial stat¢ments of th¢ church for the year ended 31 December 2024. Banke Royal Balth of ScotlAttd PLC 36 St Anthws SquBrc FAlinburgh EH2 2YB Stitus ofcharlty GoverDill8 Docwment Duke Str¢¢t Unit¢d R¢fornied Cburcb 18 ¢Stablished by Con8tituLioJL li 18 a registered Scottisb Chality (No. SCOI 1118 Th¢ church is & membcrof tlje Utiited Refomied Church which is 'Ca]led to God's p¢oplc, transfornied by thc gospel. to mak¢ adifferetsee inttyJv4y's world,. Thepriwip&i offi¢¢ 15 in Loodonwith an 01Teforth¢ kottish Synodb8sedinGlasgow. Withitt ihe wi¢kr Unilcd Rcfonned Church th¢10¢41 churob is a pwrticipant iti the life of tbc 1101 Chu also of tl Synod. The Tnini5tr and a nurnlw of members haye ¥ved on chur¢b comrnittees ard 8roups. ObJe¢dv•i The obje¢tive6 4r¢ a5 follow8.. Wotsbip- ¢be church will coniinue to meet weekly for worship within the ¢Illch premiges wbi1814180 providing a live (rannI$s7on onJiTK wa Facebook. Local and nationaj relationsbips- the church will maintsin ond seek to develop rel8tiOUsbips with a range of faith groups and local organx$ations through involvernent irt Iwai and national 8roup& It will extcnd its involvement in the Care of hom¢1¢5s peopl¢ through joining th¢ rota tsf cburches providing Night Shelt¢rs for homclcss pcop through the winter monthg. The member5 will continue to operate Monthly on the Care VAn. The BethaDyClm'itiatt Tntsl ¢04)Tdinatc both thc Care Van and the Ni8ht Shelt¢r work. Accotllmodgtion-Th¢ ¢burch will cotttinue to make it9 acconunodation I1]dble for uBe by ¢otumunity 8roupJ. FinArtee- The chur¢h will ¢ontiDue to seek way8 to inLYease fund raising And weekly giwiDg frorD membe[& Churth profil¢- PTO8ress will ¢ontinu¢ to be made in rai8in8 the churcb Profile, through our Church website and F8¢¢book pa8e in 2025. Appolntmellt of Elders aDd Manag•rs The conslitutioTh of the loGal church provid¢s for the apwjintmcnt of clders and mAnAg¢rs. Th¢ elders have resp(MJsibility for pastoral and worship mitter8 within the life of the ¢ongrEB&tion. When the Church an inderrtndent COn8tiOnl fcllow5hip, eld¢r$, once appointed, were 8wointed for life. This Iradition ha8 continued since th¢ uoion with the United Refnrnied Church The m8naFfemeni cnrnrnittee are Thtte5 85 (ollows.. Man&rS are appoin] to serve foro four-year te able to offer thell1Ve$ for xr-eleclionand havr r¢swn5ibility for matters of tabric. builditigs and fmance. Th¢ eldcrs aDd n)all8ger& along with Ihc rnini5¢er. DOW meet together Tegularly throughollt the year to dIV$5 all mattrrs relating to the operation of thr Church. The group is responsible to the Church meeting of which the are fwr Meetings hcld ¢ach yrar. Aetivitiei and •¢hievemellts The church bas continued to rnttt regularly withill th¢ chu and online tiuou8h F#c¢boDk as required by the constitution addSsed ewch of th¢ objectiVC5 agreed for 2024. The Youtll wup¥ attllch¢d to the thurch both the BOYE Brigade and the Guid¢s have Continued to flowRsh 8lld ww durin the yrnT with excellcnt lderS in place. Page I
Duke Street United Refornied Church Report of the Trnsteejfoptheyear ended3J December 2024 Actlvltleg aknd Ithlevements {continued) The pritjcipal 8diviti¢s of tbe congr¢tion in the year were thc holding of public worship in the StIlry Oll Ih¢ Lord's Day, meetin8 for prayer and Bible study, involvcmettt in l¢Kal and natiottal groups, m4intAining and s¢eking to dev¢lop relatitsnships with a ran8e of faith groups 8Tkl local OTganiwtions. The ttLain sources of ineome are dOnatiS from the membets of the cburch, some events and the rental of the church premises. The fabric of the church building has FKcn kept w)d¢T Tegular rcview and any nccc&sary repairs ¢8rried out. FID8nCl revlew nclpqlsoup¢eJ offundlmg The cburch receivcs it5 fidill8 by way of Mr¢kly offerings. Nital of th¢ ¢hureh PTemis¢s and Gift Aid djationS from church members. ReJultslortheyrfr The fin87a1 statements for the year are set out on pages 4 to 7. Th¢ Receipts and paerrtI A¢c4)unt on pag¢ 4 reflect8 a defKit of £11.80612023.. 8urplu8 of £42161. It iy the poiicy oftho ¢hwch tomaintain unrestricted fifftdi atA level wbich ¢qu8t¢5 to approximately Jix mottths unrerieted expenditure that allows sufficient filnds to enable th¢ ongoing work of the churth to be maiDtailled. Th¢ General Fund Im pw 5 4131 D2remt¢r 2024 arnountrd to £63,082 (2023: £74,553), which is &bove th¢ T¢quired level. Totsl reserve4 indudill& restridcd fimds, amouDt¢d 10 £63.082 (2023: £74.8881. Tbe cburch makes Ik)DatioDs from 118 titbed Bift incorn¢ to indiiryduèls and OTgaDisation8 that are geD¢rolly known to the Thistces and thr Churc Tb¢ b¢neficiaric8 Alr involved in activities or mini&tries cornwible with the church'8 objective b•h&lf nf the Truit¢e• PrEsidriit Daied.. 21: 0.It.'.... 2025 PA8e 2
Duke Street United Refonned Church Report Df the IDdependent EJAmtner to the Trusteesfor theyeorended 31 DecEmkr2024 l T¢POrt on the accounts of th¢ churth for the y¢ar ended 31 December 2024 which aTr set out on pag¢s 4 to 7. Re8pective reOnsIbilitie1 of trustees And exltniner The charity's Trusiees are re5poDsiblc for tbe prcparotionof the accowits inacctsrthnce witb the tem)gof the Ch8Tities and TTustec Investmcnt (Scatlandl Act 2005 aTMI the Chariti¢5 Accounts (SclaT1d} RetIonS 2006 (a$ aTncnd¢d). Th¢ Charity Tntee$ consider that the audit reqwrement of Regu]ation 10111 (dl of the Accounts R¢8ulations does not apply. It is my responsibility to exarnin¢ th¢ Counts as required section 44(1} Ic) of tbe Act and Èo state whether particularmotters have come io my attentio B4s1s of IDdependenÉ ¢xamlDer'5 ytstemellt My examinption is rBrricd out in accordan¢e with Rcgulation I l of the ch]11¢5 Accounts (Scotlandl ReBulations 2006 (as amended). An examination includes a reyiew of the accounting records kept by the charity and a comparison of thc accowrts presented with thos¢ r¢¢ords. It also iDcludes considerAliott of any unusual itemi or disclosure5 in the ounts, and seck$ explanations from the TnJstC¢5 conccrnin8 such rnatten. The proc¢dur¢s undutsken do not provith all th¢ ¢vR¢knce that would be required in an audit, and c0tt9equonlly I do not expreBs an audiL opinion OD the view given by th¢ 4¢WUDts. Independent Exarniner'j Statement In the of my ¢xamitthtion, no matter has come to my 4tt¢ntion . which give5 me rea50ble cau8e w believe that in any m8t¢riAI respect the requirements: to keep a¢Unting rKords in accordanGc with S¢¢ti¢)n 44(l) {al of ¢he 2)5 Act and Relation 4 of thc 2006 Accounts Re8uiations las amEndcd), and to prepare accouDts whi¢h accord with the accounting records and comply Mqth R¢guhtion 9 of the 2006 Aceounts Regulatio9 lab gm¢nded) have nLrt been met, or 2. to wbich. in my Opinio attention 11mla be drnwn in order to enoble o prow utskntmdillg of the accounts to be Manuging Director Inne$ & Parner5 Limited Chwtered Certified Accountts lJJnE$ H(e 18 SbaiTrs BsineSS P Houstoun Road Liiingston EH54 5FD Date.. 2025 Pa8e 3 |+P Innes & Partners ChartprÉd C@rtified Accountarts
Duke Street United Refornied Church Receipts and Payments Account For the ended 31 Dec¢mber 2024 GeDeral nd Rutrlcted funds 2024 Totsl 2023 T•taJ Recelpts Volurttary income freewill offtting Voluntary incorne gift aid Voluniary income opell plate Giants Donatii)ll8 indivithwls Donation¥ orBanis4tious Pr¢mis&8 renthl income Elephant Stall Events Interrst Recciv PnY a day boxes Other income 2,(176 3,466 1.100 5,11110 12,718 200 11,500 446 1231 926 33 2,120 41,816 1076 3A66 1.100 4,704 3,382 836 6,939 11,264 12,718 200 li00 446 2.231 926 33 2,120 41.816 15,616 229 2,729 819 17 1,098 47,633 Tot41 re¢tlpts Piyments Maint0nan of tninisty Organ ryir And maintenon Minio¢ry expellse$ Orynist lary Cleaner salory her lrIes- NIC Building r¢p8irs Buildin8 maintcnatt Utilities costs Insuran¢¢ Church subscripti$ Miscdlaneous donations Donations to URC Telq>hone Trnvel hnd entertaftnmt PR literatttre and trwhure$ Church BtAtionerypnd printing Ministry pulpit supply Church events caterins Church evenis Outings CopyTight li¢¢n¢¢ W*6it¢ Miseellaneous expenses ludq>pDdcDt cxamination Bmk cbaTges Tfjtsl p4yrnents SurplU(Det} before tranrfe TrAnsfer between fvnds 19,059 19.659 18,755 720 3,850 3,143 3,547 1.075 1.872 1,956 2,349 4J50 3,351 4,013 4050 3J51 4,013 4,376 4J76 8,065 2,904 16117 286 424 301 642 143 258 424 301 642 570 314 72 225 45 1,005 271 498 103 594 201 213 201 286 213 201 219 219 53,622 (11,8116) 335 53.622 (11OQ6) 43.417 4,216 335) (335) 335 sur1pu(efiCIt) after tr&nrfers Totsl futtdg brougknt fonvard Ciogittg fwid bAlanee (11.471) 74AS3 (11000) 74,888 4.216 70,672 74,888 P4
Duke Street United Refonned Church Statement of Balances As at 31 Decanber 2023 Noteo 2024 2023 OpenlDg IDeficlt) hl&D¢e for year CloBln¥ balance Openjng Surplu bnce for year Clo¥lng balance Bank and $h in hand 74.888 74,888 (11,806) (liJts6) 63,082 63.082 70.672 4,216 74,888 74,888 Total bal*Tr¢eJ 70,672 4,216 Repre4ntsd by: Unrestrlcted fun Gcnernl 61082 74.S53 Re•trlcted BeneVolt COV19 271 63,082 74,888 Sts7teMet of It JI Deeember 2024 H¢TitAbl¢ property (vlt cost) 440,000 440,000 1,070 550 Tax reclaim due Otber debtors 4,250 Statement of IIAbllldu 4t 31 December 21)24 Ind¥p¢nd¢nt txaminltiott f¢¢ Paents due lo HNfRC Salarits due to employees 720 648 760 864 698 2,iM13 2,272 The finAncial slatementB on page8 4 to 7 werc Approv by th¢ Trustees on th¢ir iKhalf by thc undernotryl.. 2025 and signed on LUL1. The not¢s on page 6 to 7 forni part of these financial statements. P88¢ 5
Duke Street United Refornied Church Notes to the financial statements For the )ear ended 31 Dewnber 2024 A¢countlttA pollcles AccountiJAg convenrfon The financial statements have be¢n prepar&1 under the hi5¢orical cost convention, and in wdance with the Clwities Accounts (Scotland) ReBulation8 2(K)6 (as allwidedl. BoJisoffinaAdrfl sthtearents The financi&l 5talerncnts h&ve bccn prepaTed on a rec¢ipts and pa)rn¢nts basi8. Re¢elpti PAymethts A¢¢LMtht For the purtrtm of the Receipts And Panents account as sbovm on poge 4. fijnds are defined AS followB'. UMeJlricÈ¢dfupdg wnpTiX 8rants and other income receiv for the objects of the cburch without furthcr spiE¢d purpost and availEble u 8¢nwg1 Ojnds. Rd¥tricledfyxds comprise income wbich ha8 be¢n Meived for the objt8 of the church Aod swified for a re8triCted purp08e within thue obittts by the don(Y. 2. DoniiloDI The ¢hurch rnade datIonS to UK t6¢d chArities of £424 (2023 '. £258) during the JtAr ending 31 Decemb 2024. 3. Tr#Diiedomi wltb Trwt• There were tto trAts$acti with the Trusre4s, and no remunwaiion nor expenseB were paid to tILe Tn duriDg the sror endiog 31 Decem 2023 (2022 .' nil). 4. Staff eoits And 2024 2023 Griffj$ 3•]1¢8 8.172 8,172 7.765 7,765 The aver#8e number of emploJ¢es thtring the y¢ar wa8 2 (2022.. 2). Pri¢x to 31 March 2018 the church m?de paymeut5 to the United Ref((med Church Ministy ond Mission fuDd in Tespect of the mini8teVs Nalary and expen¥w. Sin¢E l April 2018 PF¢>rnents h4ve been made to the Uniiwl Refmcd Cburcb Ministy and Mission fithd in respect of the minister's salary aud pa>Thctsts have m to S#u8htonhall Unitrd Rcfortncd Church iTh respect of th¢ minster's expenses. Tothl pawts were as follow3: 21123 MaIntence of rninisty Ministry expense8 and manse council tax 19,659 511 18.755 3,850 24309 22,605 Pase 6
Duke Street United Refornied Church Notes to the financial statements For the y¢8r ended 31 Decemtr 2024 5. Unrestrleted fwidi BAlance at 01.01.2024 BalaDC a( Retelpts Pymenti TrnJfers Jl.12.2024 Gen¢ral 74,553 41,816 153,622) (53,622) 335 63,082 Totsl unrutrlcted fwid• 74,553 41 J16 335 63,082 offunds The Unrexfricted Generalfvnd repre5ent8 all income alld expenditure relating to the primary activities of Ihe charity, other than rh f which fimding is re8tri¢tts 6. Re•trltthd futtd# BAlinte at Reo¢lpts Piyments TrAnifern 31.12.2024 (11,01.2024 B¢n¢vol¢nt c0vIL19 271 (271) 164) T•tl rdtrletsd fundi 335 (335) The Benevolentfynd rq>r¢8ents donations Tec¢ived for clwitable aaivitie5. Fully ¢Xpenj in prniouj llmd now c105ed. The COYJ1%19fi4nd repre8eJt5 donation8 re1Ved to cover the e(t8 thributal to the imp&ct of COVLLkl9 on th¢ church. Fully expeftsed in previous )w. fftmd ttow closed. Page 7