Dunfermline Gillespie Memorlal Church Scotland Financial Statements For 31st December 2024 Charity Number: SC011659 Congregation Number: 241459
Dunfermline Gillespie Memorial Church of Scotland Financial Ststsments Year Ended 31st Decemb•r 2024 Contents Pages Members of the Board and professional advisers Trustees Annual Report Independent Examiner's Report to the Trustees Receipts and Payments Statement of Financial Balances Notes to the Financial Statements 10-14
Dunfermllne Gillespie Memorial Church of Scotland Membgrs of the Board and Professional Advisers Y•ar Ended 31st December 2023 Charity Number SCO" 1659 Congregation Reference Number 241459 Princlpal Office-bearers Session Clerk. lanice Aitken Church TaSurer Priniipal Address: The c.hurch Office Chapel Streer Dunfennline Fife KY12 7AW Trustees Elders ' Ordained 6th October 2024 Minlster Independent Examiner Directoi Indepenoent Bookkeeping Address: A]ba Innovation Centre, Alba Campus Kosebank Way Livingston West Lothian EH54 7GA Bankofscotland PO Box 18 Dllnferniline Fife KYII 3AG Bankers
Dunfermline Gillespie Memorial Church of Scotland Trustses Annual Report Year Ended 31st December 2024 The trustees present their annual report and financial sratements ofthe charity for the year ended 31st December 2024. The financial statements have been prepared in accordance with the accounting policies set out in note I to the accounts and comply with the charitys trust deed, the Charities and Trustee Investment (Scotland) Act 2005. the Charities Accounts (Scotland) Regulations 2006 (as amended) and Accounting and Reporting by Charitie5: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014. Reference and Adminlstrative Details Reference and administrative details are shown in the schedule of members of the board and professional advisers on page l of the financial statements. Structure. Governance and Management The charity is an unincorpordted recognised Scottish charity, registered no. SC011659. and is administered in accordance with the ternls of the Deed ofconstitution thar aligns with recommended Style of Church of Scotland and approved by the congregation in March 2015. The revised constitution was approved by Church of Scottand on 20 May 2015 and became effecttve from that date. Recruitment and Appolntment ofTrustees TSteeS are ordained Elders who serve on the Kirk Session of Gillespie Memorial Church. Appointment Is by agreement of the Kirk Session. Organisatlonal Strncthre The Klrk Session is chaired by the Moderator and meets at least 4 times in a year. Certain responsibilities are delegated to the IaderShIp Team which came into ex15rence In Nvvernber 20ZI with the remit to streamline the strategic decision making for the life of Gillespie Memorial Church freeing people to Use theirgift5 in Service of the Gospel. ultimately ensuring accountability of delivery forthe ministry, mission.andworship ofGMC. The Kirksession remains always respon5ibleforboth spiritual and temporal affairs within the church. ensuring approval of the Strategic Plan and budget for the congregation. Volunteers The Church relies on its members to volunteertheir time. gifts and finance to achieve its objectives and for its nornial dayto day running. Oblectlves and Actfvlties The vision of the Church of Scotland is to be a church which seeks to inspire the people of Scotiand and beyond with the Good News of lesus Christ through enthusiastsc worshipping, witnessing, nurturing and serving communities. It co-operates With other Churches in various ecumenical bodie5 in Scotland and beyond.
Dunfermline Gillespie Memorial Church of Scotland Trustees Annual Report Year Ended 31st December 2024 Our vision for Gillespie Memorial Church is that'.- We w211'preach Christ crucified. as we seekto bring Othe into His welcoming family.. We will through faith, embody the character of Sesus, the presence of the Holy Spirir and the eternal love of God- in worship. words and action. We will diligently seeK through prayer and example, to communicate the relevance of ChrisL and We will be a visible beacon of hope and joy reaching out to positively serve the people of Dunferniline in the grnce and truth ofChrisL Our activities are focused on both church mernbers and the wider Dunfermline community. We are active in various areas to meet our objectives. Achievements and Perfornjance Comrnunlcatlons These are undertaken through website. dirert comms plus social media utilising Facebook. Podcasttng via multiple platforTns and YouTube with 730/0 of listeners from the UK, 25% in the USA, and 20h the rest of the world. LIstenehIp has moved to 213 male and 1/3 female according to analytics date with the age profile of listeners concentrated toward to 45-59 age bracket (87%), 28- 34 at IO% 2nd 18-22 listenership 30A. The GMC website continues to be an important partof the church communications strategy. alongside some limited traditional mail and email for dissemination of news and pastoral letter5 to ensure contact across the church was maintained. There are continuing good links to PreSbery and to the wider work of the Church locally, nationally, and internationally. Worship In 2024. worship took place each Sunday involving many members in sound and visuals. leading Prayers, reading scripture and the continued development of the preaching team utilising both lay preachers and retired ministers who are members. Regular twice monthly evening services completed our worship giving opportunities to go deeper in God's word. Messy Church continued rnDnthly. running alongside the regular diet of worship and continues to be an important part of our worship and outreach artivity. Fellowshlp Our aim is to encourage fellowship within the church and genuine engagement with the wider community. The GMC Guild meet regularly each month. as do the Men@GMC group and Embrace, the women's group. and the praise band for practice. Our halls are again in regular use supporting a number ofgroups and charities as noted.. use the Centre on a Saturday night as their base for sending the Street Pastors out to support young people in the town. On five occasions each week young people meet as part of the Guiding movement to enjoy a range of activities which serve to develop the young people and build resilience to assist them to cope with life's everyday challenges.
Dunfermline Gillespie Memorial Church of Scotland Trustees Annual Report Year Ended 31st December 2024 Achlevements and Perforniance (contlnued) oil a branch of Girlguiding where the adult members pass on their skills and knowledge to local guiding units. from helping Brownies work towards a badge to preparing older girls for a camping adventure. - A sociable group. providing activities within the group in a relaxed informal settin meeting on 3 occasions per week sic T ch - provision of musiclsinging lessons to young people. Iak0Turf- a young adults group for 18 to 39 year-olds, connecting with one another and to God in worship, teachin& prayer. and evangelism, as well as fostering authentic, joy-filled communRty. Mission and Outreach Those helped with crisis support for both food and tuel in 2024 have been: In july 2022 the GM3 ministry launched a twice weekly OpenHouse Café offering low.cost refreshments plus the opportunity to access free food for those in need. This sat alongside social supportand signposting (14 adults and 3 childrendirecdysupported with £360 food assistance, plu5 following referra15: Fllel Assistance- I l Other signposting- 5) a5 well as pastoral 5UPPOrt for those both in the church community and those without This offering has continued thn)ughout 2024 and the OpenHouse café has continued to grow is customer numbers. serving just under 1400 people during the year. and bringing community to all. As a church GMC partnered with the following charities to both prayerfully and financially support their work in 2024.- Circle of Comfort (FIFF.) - complemenrary therapy charity servlng those living with side effects of cancer. Bethany Christian Tnjst (EDINBURGH) national charity dedicated to ending homelessness in Scodand,. The Vine Trust- international development charity working with long-tenn Peruvian and Tanzanian partners strengthening health systems / implementing construction projects in isolated and vulnernble communities in the Arnazon and on Lake Victoria. Pastornl Core Pastoral care endeavours to ensure all members of GMC are part of a lovin& carin& supportive and prayerful Church Family. Undertaken by the minister and selected membetS Df the congregation through home visits. use of regular pastoral letters, the flower ministry alongside phone/electronic conr2cts. GMC remains a 'Dementia-friendly church. with several members having undertaken training. and some change5 made to the church sanctuary to help in this regard. Propety Gillespie Memorial is a town centre church with a separate church office/ centre, situated next to Dunfern)line's bus station. This makes it an ideal location for access for comrnunity use and for community outreaclL The building5 are regularly inspected and necessary works carried out to comply with current Building and Health and Safety regulations. Remedial work was carried out in the year to the roofs to ensure all buildings are kept wind and watertight and safe for use.
Dunfermline Gillespie Memorial Church of Scotland Trustees Annual Report Year Ended 31 st December 2024 Achievements and PerfOrnIan [contlnued) Chlldren & Young Persons During 2024 the GMC Youth Pastor tnoved to train for full-time ministry ofword & sacrament WLth the Church of Scodand. Both before and after this, conversations with potential church partners across the aty of Dunfermline have been undertaken to understand where the next developments might take place in order to provide space and time for encounter between Church. young people of Dunferniline and the opportunity to share the Good News of lesus. Pruyer A weekly early Monday morning prayer time also continued along with a regular prayer ernail chain which allows a majority of the congregation to be involved IT] Specific prayer items. Prayer tninistry afterworship on a Sundaywas maintained as we continue to seekthe Lord in all areas ofchurch life. Smaller life groups continue to meet weeldy for Bible study and prayer. Materials are circulated around the groups with the aim to support and develop our spiritual life together. Financial Review Income General income is down by £3.856.83 compared to the previous year, with offering across all areas down from 2023. We continued to attrart grant funding towards the costs involved in delivering our comTnitment to building community in the centre of Dunfemline. and spending on our buildin& detailed in the Notes to the Financial Accounts. Income to restricted fund was up by £3,749.84 on the previous yearwhich is predominantly made up of donations and helped by a generous match Funding grant from a member of the congregation. We hope to increase offerings in all areas of income to sustain present mintstries and grow our contribution to the community life within Dunfermllne through expansion of youth ministry and growth ofthe OpenHouse Café community hub. Expendlture The Trustees have been rigorous in controlling those costs within Its gift to control. We are appreciative of the financial support provided by those non-church organi5ations who use the premises and contribute toward5 the costs incurred. Following the wholescale development of The Gillespie Centre, the sanctuary was refurbished in 2016 into a multi-purpose venue For community activity. Necessary works to maintain our fire safety and heating systems and remedial external & internal works to wind and watertightmeasures in the church'sestate have been undertaken in 2023. We are appreciative of the grant funding5UPPOrt provided by Fife Council. Surplus/Deficit The toral surplus of £5,538.36 The surplus comprises of a small unrestricted deficit of £267.66 due in the main to giving not quite keeping pace with cost of living increases in expenses, and a restricted surplus of£5.806.01. The restricred funds are in suplus mainlythrough payroll expendlture ofthe Youth Outreach programme OpenHouse. This Youth Outreach payroll cost is due to roll off by Q3 2024. The trustee5 will continue to keep a firm grip on the finances in the coming years to build the church outreach and growth of ministries to the comrnunity. The cumulative tarried forward funds amount to general unrestricted funds of £42,788.25 and restricted funds 01 £72.848.56 at the year end.
Dunfermline Gillespie Memorial Church of Scotland Trustees Annual Report Year Ended 31st Doc•mr 2024 All restrlcted funds have posittve Surpluses to meet anticipated demands. Summary We remain in a stable p(tsition to achieve our plan5 to proclaim the Gospel of jesus Chrlst and serve our communiry in the centre of Dunfermlille. Though, as costs increase. we will be challenged to ensure income levels grow enough to match our expenditure predirtinns. The budget for 2025 is ser to rneet these missional needs lor Ihe year and tste will continue to focus on controlling costs tightly. and ensure sufficient incorne growth to meet the anticipated rise in costs.. Reserve Pollcy After considering their ongning committr.ents it is the Trustees. policy to hold rese)ves for approximately two months expenditure which we conslder to be circa £23000 If the charityhad to cease. the buildirEgs woukl have tobe maintained and Insured till a buyer is found. SÉgned by order of the trustee5
Dunfennllne Gillespie Memorial Church of Scotland Indopendent Examinorf8 Report to the Trustees of Dunfemiline Gillespie Memorial Church of Scotland Year Ended 31st December 2024 Independent Examinevs Report to the Trustees of Dunfennllne Glllesple Memorial Church I report on the 8ccount5 of the charity frir the year ended 316t Defflber 2024 Respective responslbllltles of trustees and examlner The charity's trustees are responsible for the preparation of the acc)Junts in accordance with the terms of Ihe Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2ChJ6 (as amended). The charity tfustees consider that the audit requirement of Régulats'on 10{1) Id) of the 2006 Accounts Regulations does not apply. li is my responsibility to examine the a¢UnIS as requir&J under secb'on 44{1) (c) ol the Act and to state whether particular matters have come to my attention. Basi$ of Indepèndent examinew's statement My examination is carried out in accordance with Regulation 11 of the 2006 Ac¢ounts Regulations. An examination indudes a re¥i*4 of the a¢counts"ng records kept by the charily and a wmparison of the accounts ptesented those records. It also IudeS ConderatIon of any unusual items or disclosures in the accounts. and seeks explanab.ons from the ttustees conceming any suth matters. The procedures undertaken do not provide all the evidence that would be required in an audit. and conswjuently I do not express an audit otxniDn on th8 view given by th) accounts. Independent examlnor's stat}ent In the cours8 of my examinatlon, no matter has come to my attents'on which gives rne rea50natrAe cause to believe that in any mabial resrect the requirements". to keep accounbng records in accordan with Section 44(1) (a) of the 2005 Act and Regulatw)n 4 of the 2006 Accounts Regulations to prepare accounts which aGcoid wilh the accounling records and compty wtlh Regulation 9 of the 2006 Accounts Regulations Name: Dioctor Address: Independent Bookkeeping Ltd The Alba Innovation Alba Campus Rosebank Way "vingston EH54 7GA Date.. Zol
Dunfermline Gillespie Memorial Church of Scotland Receipts and Payments Account Year Ended 31st December 2024 Unrestrirted Restrlcted Funds Fund5 Total Funds 2024 Total Funds 2023 Incomlng Resources Incoming resources from generating funds: Donation Artivities for generating fvnds Investment income Other incoming resources Total Incomlng Resources 61,295.49 20.584.46 8,389.43 10,744.71 2,665.62 9,176.93 81,527.47 81,879,95 19.134.14 2.665.62 13,615.68 117,295.39 81,611.31 17.064.72 2,096.17 16,639.18 117,411.38 4,438.75 35.767.92 Resources Expended Charitable activities Governance costs Total Resources Expended (81.495.13) (29,961.90) [111,457.03) {127.662.74) 300.00 (300.00) 300.00 81,795.13 (29,961.90) (111,757.03) 127.962.74 Excess Receipts over payments before transfers Transfers between funds Excess Receipts over Payments for the year (267.66) 5,806.01 5,538.36 (10,551.36) (267.66) 5,806.01 5,538.36 (10,551.36)
Dunfermline Gillespie Memorial Church of Scotland Statemont of Financial Balances Year Ended 31st December 2024 2024 2023 lJnrestrirted Restricted Funds Funds Endowment Funds Total Total Bank& Deposit Ba]ance balances brought forward Movements in Year Excess Receipts over Payments Bank&Deposlt Balances Carrted Forward 43.055.91 67,042.54 Ito.099.45 121,900AI 1267 661 5.806.02 55311.36 110,551.361 42.7B8.25 72,84B.56 115.S36.81 1 11,349.45 The restricted fund opening balance has been Correct by £1.251.00 to reflert the accurate carried forward posidon Irom 2023. This does not affert receipts or parfments for the year. The closing balance reported is therefore £1,251.00 lower than the cash at bank fiKurq w.hich includes the prior-year overstatemenL The note5 on pages 10 to 14 fonn part afthe Financial StatemenLS And signed for on behallof the Kirk Session by
Dunfermline Gillesple Memorial Church of Scotland Statement of Financial Balances Year Ended 31sl December 2024 l. Accounting Pollcles These accounts are prepared on the Receipts and Payments basis in accordance with the Charicies and Trustees Investment (Scotland) Act 2005 and the Charities Accounts {ScotlandJ Regulations 2006 {a5 amended). Fund Accountlng: Unrestricted Fulld5 are those funds which can be used at the discretion of the trustees in the furtherance ofthe objectives of the charity. Restricted Funds are those funds which can only be used for specific purposes a5 specified by the donor or when the funds have been raised for a specific purpose. Details ofthe nature and purpose of the charity are given in the narrative settion, page5 2-5. * Note.- The restrictedfvnd opening bolonces have been corrected by £1.251.00 to reflect the accurote corriedforwardpositionfrom 2023. Thi5 adjustment does not affect income Dr paymentsfortheyear. 2. Movement of Funds As at 1st January 2024 Recelpts Payments Transfers Asat31" December 2024 Unrestrlcted Funds General TOTAL 43.055.91 43.055.91 81,527.47 81.527.47 (81.795.13)) (81.795.13) 42,788.25 42.788.2S Asatlrt January 2024* Recelpts Payments Transfers Asat 31" December 2024 Restrlrted Funds GM3 27.298.14 6,318.59 [4.212.75) 29.403.98 Projert 16.169.75 6.929.78 (2.700.00) 20,399.53 Common Good 1,286.28 1,286.28 Life and Work 341.89 124.00 (119.71) 346.18 Dispersal 2.505.15 3,496.60 (3,562.76) 2,438.99 YDUth Church 3,042.12 480.20 (533.44) 2,988.88 Youth Outreach 14.265.89 18.418.75 (18.741.25) 13,943.39 Mission [91.99} {91.99) Manse R&M [1,200.00) {1,200.00) Resee$ Poi TOTAL Total Funds 3333.32 67.042.54 111.349.45 3,333.32 72,848.56 115,636.81 35,767.92 {29,961.90) 117,295.39 (111,757.03) io
Dunfennline Gillespie Memorial Church of Scotland Statement of Financial Balances Year Ended 31st Decembor 2024 3. Trustees Payments and Expenses as been relmbursed for expenses at a cost of £2,089.55 as been relmbuTSed for Music CordinatOr dudes at a cost of £3,450.00 has being relmbursed for expenses at a cost of £665.44 4. National Stipend Fund - Ministers Stipend All church of Scotland congregations contributes to the National Stipend Funé which bear5 the costs of all ministers, sts"pends and employer's conirlbutions for national insurance, pension. housing and loan fund. Mir.isters' stipends are paid in accordance with the national stipend scale, which i5 related to yejrs of service. For the year under revlew the minimum stipend was £31.642 and the maximum (in the 5th and subsequent years of service) was £38,884 (2023- £30,135 and £37,032). vceived £446.40 (2023 - E531.70) for the reimbursement oftravel costs. Additsonally. the church pays the council tax for the manse of £3,334.96 and the minister's telephone costs of £655.81 The minister's salary is paid direcdyby the Church olscotland. li
Dunfermline Gillespie Memorial Church of Scotland Statement of Financial Balances Year Ended 31st December 2024 5& Analysis of ReIpts and Payments Memorial Chw tr.06562 ItlM.iO £2,SnSD tYi.S) {it4. 4JID.71 ty.Mq.YS 337. 4.4S0 JWI PT JX LW17 t7.W iOtsO 410.75 17J9JJl 47Jd 4AZ 71 f47m SSO 1.6x31 10165 1 Èl.Fll>)I 4P.io £1.ty31 11 SSY¥.SS ¢-251 gffAI 41th* E.19a4 t1FUlh) ISL 2.470 £ir rdA07 Ir42L>v 2191• 1218 2thJ337 £t.WJ97 fWAJ7 EIJQ.SD ts01 Jy aui 1226J2 S2.Z25 Jp Eth137 12
Dunfermline Gillespie Memorial Church of Scotland ststement of Financial Balances Year Ended 31st December 2024 É#74 i.ls 14.*41 FS É1715AD tt291.F2 tT64 15 .Is TMSS IDPIO tir•1D iWID .7TQA9 to 17J5>J É76.31 J70 ti 1¢74f15 5b. Donations Detailed Analysis. Dexription WFO Unrestrirted £ 10,550.0) 46.867.78 1,305.21 Restricted £ Total £ 10.550.CQ 58.161.24 8,552.11 2,044.10 2,572.50 81.879.95 Ordinary Offerings Other Offerings Donations for 3rd Party Weddings & Funerals TOTAL 11,293.46 7,246.90 2,044.10 2,572.50 61.295.49 20,584.46 Sc. Grant Detailed Analysis Fife Council awarded a grant of £712.50 towards the Open House Café 6 Donations to 3rd Partles as Part of Charitable Artlvities Donations made to other Christian charities. where the church's charitable objective of mission can be fulfilled through one ofthese organisations and have much greater impart than our own church working in i5013ti0n. Bethany ChristianTrust- £580.60 The Vine Trust- £580.61 7 Gifts to non-chrlsttan Organisations During 2024.. Poppy Scotland - £366.13 Circle ofComfort- £580.60 Guidelines stipulate that to raise funds for other types of organi5ation. the funds should be collerted specifically for those organisatt"ons. by means of offering or by fundraising specifically for the other organisation. 8 Collectlons for 3rd Parties treated as Agency Collections No funds were received for of this kind as all funds were recorded via the receipts and payments account on this page in note 6 and 7. 13