The Church of Scotland BANNOCKBURN LADYWELL CHURCH Congregational Accounts RECEIPTS AND PAYMENTS ACCOUNTS For the year ended 31 December 2024 Congregation Number 231393 Registered Scottish Charity Number SC011345 .r,I Page 1
Reference and Administrative Information Charity Name B•nno¢kbum Ladywtll Church of Scotland CharityR8gistration Numbgr SC011345 Congwalion Rpfts.n Alijmber 231393 Bankers Royal Bank of Scotland Unit 22123, Thistles Goosecroft Road Stirling FK8 2EA P4ge 2
Trustees, Annual Report Year ended 31 December 2024 Structure, Governance and Management Governing Doeument The Church is administered in accordance with the ternis of the Model Deed of Constitution. Reeruitment and Appointment of Trustees Members of the Kirk Session and th¢ Congregational Board 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. The Congregational Board is appointed from within the congregation and members of the congregation are invited to nominate individuals who are believed to have the skills and commitment to contribute to the management affairs of the Church, to become members of the Board. Board Members are then appointed at the Stated Annual Meeting and serve for a period of three years after which they must seek re-election at the next Stated Annwdl Meeting. Organisational Structure The Congregational Board is chaired by th¢ minister and meets 10 times in a year. Certain responsibilities are delegated to the Finance Committee and the Fundraising and Social Committee. The Kirk Sessioi) which meets ten times a year is responsible for spiritual and pastoral affairs withiii the church. Objectives and Activities The Church of Scotland is Trinitarian in doctrine, Refom)ed 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 a national Church, it acknowledges a distinctive call and duty to bring the ordinances of religion to the people in cvery parish of Scotland through a t¢rritorial ministy. It Co-operates with othei Churches in various eLumeniLal bodies in Scotland and beyond. Sunday morning worship, at l 1.15am, sccs an average attendance of 35, with 2 - 3 children, with more attending 'special' services such as Easter and Christingle. Ladywell Ladies, Group meets fortnightly. The Thursday Coffee Morning takes place weekly. Saturday Coffe¢ Mornings take place monthly. A new group, Crafternoon Chat Group, meets fortnightly and is attracting an average of 12 ladies. l-. xtcrnal groups using our halls includc Tac Kwon Do, Karat¢, Clubbcrcisc, Bootl¢ggers Line Dancers and Laura CJray School of Dance. Fundraising and Social events have included Coffee Mornings, Summer F¢t¢, Christmas Fayre, Afternoon Tea, Games Nights, Snowman and Beetle Drives. Page 3
Tni8iee8' Annual Report Continued Year ended 31 D¢¢¢mber ?014 Achievements and Performattce In the past year &ttendance at S¢Trices and across our wious Groups remain¢d stable. 'orsliip leaders and Inembe continue to play a ter part in worship. Totsl incom¢ at £38,596 was down by £8.2k on thc prior ycw. Thc principal sources of incomc ivere DonatioL8 {5¢P,1). Hall Rent (73 /0) and Fund raisin¥ (17/0). Irk monetary tcrms Donations w¢rc £6.2k, but this was to be expected followin8 an exceptional year of givin¥ by the Congregation IO Eneet one off eleLtribdJ &tllLI rv(Jf repair5 in 2023. Fundraising activities saw an Improvernent uf £1.3k on prior yearw]th Hall rental advan¢ing bv L?.6k thanks to more bv (hc )Inly)ullity. On the expenditure side Fabric Repwrs and Maintenance were down by £15.7L with Heat and Li¥hi also beifts less than It year by £6.6k. due to the preNryousl)' mentsoned one off outlays In 2023. Most of the oth¢r wtlays were subjeot to Inflation increases apart from th¢ Mini&rie5 and Missions Allocation, ththich inctra5ed by Oyerall Income exceeded Expenditure by £3.340 this year, thanks to the hard work and generosity of the Congregation. li is the Trustees, policy to hold r¢5etvvJ of appmximately SAX months ¢xpendkture in¢ludiThg Desi8nated Fund5. At tb¢ year end the Chui¢h held h, bank balan and inv¢5tments of £36.543, Thhilst Outla in the past year tsmount¢d to £35.256 However when one strips out the Restricted Funds a Coverage of 10 F¥vral¢d wliiGh 15 on a par 1th 1> ycor. StAtement of Trustees, Responsibilttles Th¢ members of the Kirk Sesston I Congreualional Board must prepare financial statements W"Ch give sufficieni ddail to enable an aPPTe¢iatJCTrn of the tr4msa¢tions of th¢ Church durin8 th¢ financial year. The members of the Kirk Sekqion I C.ongregalional Board are i¥>wJisiblc foi krepljl proper acGounting r¥¢ords whLcK OTh r¢que5L must i¢fleLt the fitian¢i#l position of the chiircli at IhMI lime This rnust be don¢ to etEUTe that th¢ financial statem¢nts ¢omply with ihe Charities and Trustee Investrn¢nt ( Scotland ) Act 2(K)5, the C hanties .4ccount5 (Scotland) Regulations 2000 aTha the R¢bTrulations Anent Congregational Finance approNed by the General Assembly ofthe C.hutch of s¢]and in 2(K)7. They are also Tesponsible for saf¢8uaiding the ass¢ts of th¢ Church and must take reatthbI¢ sleps for the prev¢Tiuon and i or dete¢iion of fraud and other irregulaJili¢s. Approved by the Twsl¢es and 5ismed on th¢Èr behalf, Session Clerk P8ge 4
Bannockburn Ladywell Church of Scotland Congregation Nurnber 231393 Charity Number SCOI 1345 Independent Eiaminer's Report to the Trustees of Bannockburn Ladywell Church I report on the accounts of the cbality for the year ended 31 December 2024 which are set out on pages I tolo Respecti)'e ponSIbilitieS of trust¢e5 and u¥miner 'Th¢ charity's tNstees are r¢sponsibl¢ for th¢ preparati(m of the accounts in accordance with th¢ t¢rnis of the Charities and Tnistee Investsnenl (Scotland} Act 2005 and the Charities Accounts {Scotl2nd) Regulations 2006. The charity trustees consider that the auth't requirement of Regyulation 10(1 ) (d) of the Accounls Regulations does not apply. It is my responsibilily to exanine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to iny attention. Basis of independent examiner's statement My examination is carried out in a¢cordanc¢ with R¢gulation I l of th¢ Charities Accounts (Scotland) Regulations 2006. An examination includes a reNiew of the accountsngy records kept b), tlie charity and a comparison of the accounts presented ivitii thos¢ records. It also includes consideralion of any wiusual items or disclosures in the 2ceountS. 2nd seeks explanation% from the tnislee4 conceming Any siich matters. The proc¢diwes iindertaken do not provtde all the evidence that woiild be reqiiired in an audit, and onsequeiiil) I do iiot ¢xpr¢ss an audit opinion on the d¥¢ounts. Independent examlner's ststement In the course of my ¢xamination, for the attention whirh gives me reasorAable cause to believe that in any material respect the requirements.. ear ended 31 December 2024, no matter has com¢ to my to keep accounting records in accordance with Section 44(IXa) of the 2W5 Act and Regulation 4 of tlie ?006 Accouiils R¢gulatioi]5, ]d * to prepare accounts which accord with the a¢¢ountin¥ rcrords and comply with R¢8vllltion 9 of th¢ 2CK)6 Accounts Regu]ation5 have not been mei. to which. in ms, opinion. attention should be dwn in order to enable a proper . underslandingy of the accounts be reached. Date
Bannockburn Ladywell Church of Scotland Receipts and Payments Aecount Year ended 31-Dec-24 Unreslrict8d Funds 2024 Restricted Funds 2024 Endowment Funds 2024 Total 2024 Total 2023 Donations Legacies Auivities for Generating Fullds Bank & Depy)sit interest Investment Income Note 3 £22,632.38 £o.(x) £6,665.00 £52.00 £109.10 £29,458.48 £193.00 £0.00 £22,825.38 £29,049.67 £0.00 £0.00 £o.Ix) £6,665.00 £5,325 43 £29.39 £210.44 £36,614 93 £128.50 £321 50 £237.60 £29,779.98 £0.00 Rental of premise8 Sale of assets Sale lif investments Grants Re¢pts from Gener81 TnJstee8 Oilier Receipts £8,757.00 £O.Ct) £0.00 £0.00 £0.00 £0. £0.00 £0.00 £O.OD £8,757.00 £0.00 £6,161 CQ £o.oJ £0.00 £0.00 £60.00 £8,817 00 £4,000.CrfJ £0.00 £0.00 £60 00 £8.817.00 £000 £000 £10,271 35 TOTAL ECEIPT £38,275.48 £32150 £0.00 £38,596 98 £46,886.28 Costs of gonerating fvnds Charitable activities Govemance costs £67.96 £33,423.93 £O.(X¢ £1,764 66 £0.00 £0.00 £67.96 £35,188.59 £86.40 £56,442.58 TOTAL PAYMENT £33,491.89 £1,764 66 £0.00 £35.256.55 £56,528.98 Dilleree belwe2n Roceipts * Payrntsforthe year £4,783.59 -Fl 443 16 FICIT £o.c SURPLUS £3,340.43 SURPLU -£9.642 10 SUR TRANSFERS TRANSACTIONS £0.00 £0.00 £0.00 Dilfer¢nce belween ReIpts and P8yYnents forthÈ year after £4,783.59 SURPLUS -P1.443 16 DEFicfT £0.00 SURPLUS £3,340_43 SURPLUS -F_9,642 f ('. DEFIC Page 6
BANNOCKBURN LADYWELL CHURCH Statement 8alances 31-De¢-24 Totsl Total Unreslrided Funds Re5tricle(I Funds EnWment FuThJs 2024 2023 Bank & C•8h Balan¢e• Balancès broughtforward 13.823. 13 8,441.76 £0.00 £22,264.89 £31.907.59 Movement In year . Dtfforonca beeen Receipts and Payments lor tho year £4,783.59 -£1,443.16 £0.00 £3,340.43 49,$42.70 BaNt a cash balances caméd forward £18,6Cfj.72 £6,998.60 £0.00 £25,605.32 £22.2eA 89 Inve•tment• Market V8lue Value al Cost Value It co•t per fund Church or Scotland Investors Tnrnt wth Fu abn¢ Fund General Fund Income Fund (irounds & Gardens Fund Balance al start £1 167.51 Realisèd £0.00 Invested £0.00 £ 10.918.24 £1,167.61 9.992.64 £1 167.51 £575.85 £450.22 £575.85 £450.22 £57S 85 £450 22 £118.56 £11856 Oe oslt Fund N&w Minibus Fund £22 88 £22 88 Total £1.18751 £0 CM) £0.00 £1,167.51 £1,16751 Grft Aid Rewable £1,257,50 £1.41448 Ll•bllltle* UnbiNeO heat and light £83.54 The Count5 were approved by the Klrk Sessbon and Finana'818oard on 41.9 ,7a For and on behaK ol Iro Kitk Sesson ano Financial Board Sesslon Cle Treasurer age7
BANNOCKBIIRN LADYWELL CHI.:RCH NotL¥ to the Accounts Trustee Reiiiun¢rali()ii and Relaled Party Transactions paymentstolalling £3,761.95- £1,374.45 in resW of her iTrolNw expwBes aftd £2.J87.50 Yn9the Counul T8x paid on the Church MavJe. 140 olknvr paymettsknwe tTradB kn RBleW Pettre Movanwls in Fund6 1-Jan44 Recelpts Payments Ttartsfw$ 31-D*24 Unre>tri¢tsd Fwndg 4t•d Funds TlvJrEd Coffee Ckib Fabric Fur P1hing FUTr Grounds & Q8r¢eTrs Fund Bet1[it Fulld La 11 Ladiescro £3.104.37 £2,479.88 £246.44 £292.13 1.141.45 £4245.82 £2.479.88 £228.72 161.71 £184. 304.79 Gèneral Fund £7.134.00 £36.573.43 32,85547 £10.851 Sub Total £13,823.13 £38,275.48 £33,491.89 £0.00 £18,606.72 Restlicted fuDd$ Nevi Di%abld Access Fu1 N£w Mindxjs Fun¢i Fabnc Fund Sub Total £3,484.55 £125.00 £1.19 £3.809.55 £30.53 £3,358.52 £6,998.60 £4,927.87 £8.441.7fj 1,764.66 £1.764.66 £321.50 £0.00 Endowmentlunds Nmè Totsl Funds £22,264.89 £38.596.98 £35,256.55 £0.00 £25.&05.32 PaJ88
05es of Des nated Funds Thwsd•y Ctsff00 Uub .. Thi& Club meets w88klyto afford a droTr4n PDkntforfellovdllp I ierKtsINp. Fund5 are geTherated f¥orn the wovNon of refr8shm8n15 etc ith proc88ds bwr Used forequiptnent fof the Coffee Club and donation5 to Ih8 Laowell Church. Falmlc Fund .. The Trustees have set ashje lunds for the mthtenan¢e ofthe church property PubltshlngFund". The Truste85 have seta¥&le fvnds lorthe twJu(on 018 regular rnagae and worship r8lat8d printed matter. Grounds & G•Ydons Fund .. The Tru5te8s h8V8 set 88ide knnd8 for the molrtenance ofth8 g¥en5 arKI ground surroundirwJ tho church prwrty L•dywEIILodie5 Group .' The Group meets fortnighyy and enjoys 4EakeT5 and entertarfiment. Funds 8r8 raBed from varfous aclviti'es arvj don8tionsiMth the di%bursement oflhe ftsrts being to local and nal&)nal good CaLS. Restrxted Fun New DL8abledA¢c•ss." 8 lund has provl8d a Dewdtsabled ¢955 tolhe chur¢h wa ramp5, di5abkd timlets a loop system ith furtheT irnwovernents to help the disaNed bBiTVJ annl. NowAnlbus .' Thi8 fund vras WJ to buy 8 n8w minibu5 to 888Bttransport0lon of attendees to events held in the chuich. The new rninibus vms boJght use£1 aJKI then gNen away as its upke¢p beGome u[COn0M1. Th8re wll Trot bg another fundra[va efftirt for minitojs. Fabrfc Fund.. Furth are donated OTr an oThJ¢wng basB lorth8 mwntenace oflhe general bull ding fabn"¢. ses of En Not applic8ble Anatysis of Donalitsns Endo4•Th0rt Funds 2024 Funds 2024 R•strkt•J Fuhd5 2024 Total 2023 WFO Scheme I non Girt AiJl.- Grftmy Donation5 Tax Recov8red on GrfIAid Donations Ordinary ¢Mrin s I Op8n Plate ) other Offerin s. Donation5 etc Total Donations 5,533.50 7,769.00 4,455.55 1,589.20 3,285.13 22.632.38 5.533.50 7.769.00 4.455.55 1,589.20 3.478.13 72.825.38 4.346.90 9,167.40 4,783.03 815.00 9.937.34 29,049.67 193.00 193.00
Analysis of Paymnts COST OF GENERATING FUNDS Inv8StmeTrt Managers. fees !Costs of Offtrin envelo & FUndra1n TOTAL COST OF GENERAnNG FUNDS 2024 2023 67. 67.96 86.40 86.40 COST OF CHARITABLE ACTlVtnES ,'Miniskne5 & Mwon Mocotson Prte dues VoluntsTxAdrfthon4 Stipnd MillierfE expep8$8 Min6tsTid AsENtsnc8 Puipisu .'OthÉrstaffing $ts Fatrt lep81& manténance Coun(41 Tax Heatand knAht Insurance 2024 14,605.00 2023 12.fje8. 437.00 376195 2.860.(KI 3,015 00 12.OS1.44 1.897.70 Chuich office ex Prinbn9, ststionery. and9 rQlh8r • TOTAL COST OF CHARITABLE ACTIVI 129775 35 188.59 $6 014.95 GOVERNANCE COSTS Inde TOTAL GOVERNANCE CQSTS 2024 2023 ndent examin8rfs fee5 OTHER PAYMENTS Purchas& of assets Purchase of irwesbnents 2024 2023 TOTAL OThER PAYMENTS Minisws stiNd I Chur¢h of Scoland congregalon5contiibule to the Natronal StiperKI Fund beawstho Cost 01811 rnirithrs'stipends and 90Ye¢S corthtAJtion5 for ra(Jnal insuran¢e. penn afid housing arKI loan fijnd. Ministers. stiperth are P8hl in 8¢cordance Iwth the natK)nal Stind 6¢alè, which rèlat8d to years Of 58rwce. For 224 the ffHrthium stip8nd wa5£31.642 aThl Ih8 manM styet)d in Ih8 5th and subsequ0ntyear8 ofser*8- £38.884 Py10
CoH•ctiotts f01Th Parfl•s 2024 2023 £230. earta £140.C £125.IK Fatm AfrK Fantreat CawK¢r Pop S¢olaThl Souper Sunday Strathc8rron HosFKe Turkey SYTW ApFeal W¢>Ad Day ofPray8r Dk5a51er Fund Éuwje Dogs forthé B"knO" £70.1)J £55. £140. £550.) £70.C#) £50. TOTAL £1.120.00 £1.985.th) Py11