CAIRD AVENUE UNITED FREE CHURCH OF SCOTLAND Scottish Registered Chanty, SC 011683 A Congregation of the Unrted Free Chur¢h of Scotland, Congregational Report and Financial Ststements Year to 31 December 2024 Principal Place of Worship and of Congregational activities: f.hiirph 2nA Hallo e_airfl Av<aniia niinfloa
Congregational Report and Financial Ststements Year to 31 December 2024 Page Contents Tru$teè•, Office B8ar•rn, and member8 of the Courts of the Congregation 2 Congrngatlonal Report Report of tho Indopond•nt Examlners Re¢elpts and Paymonts of Congregatlonal Funds 8-10 Statement ol Congregatlonal Funds io Notes to tho Flnanclal Statements 11 Page 1
P•gel Offlce Bearern, Trust•e•. and %lembor8 of the Courts of the Congregati•n 8•rving during Yr •ndlng 31*1 D•c•mber 2024 Minister Office Bearnrn Property Trtt•S Alinister. Session Clerk Clerk to Board. Treasurnr. (ex Offlco) Klrk Se8slon Ministsr S•88ion Clerk Eldèrs: . Congregatlonal Board. No re81gnations or appoinlJnonts during the year 2024 Bankern Royal Bank of Scotland , Kingsway Cir¢u• . Strathmartlno Road . Dun(kn & irgln Bank, Hlgh SL Branch,74 High Street. Dunde• Ind•pondent Examlner
P•gè 3 Congregational Report Year to 31 December 2024 1. Constltutlon and Prlnclpal Actlvltl•8 The Unrted Free Church of Scotland. with all the Chur¢he$ of the Refomatr'on. acknowl•dges as its Supreme Standard the Word of God contained in the Scriptures of the Old New Testaments. The Church holds 88 its Subordinate Standard the Westminster Confession of Faith., ty its Declaratory Acts rt recognises liberty of Judgment on points of doctrine which do not enter into the substance of the farttt. and it claims the rioht as duty may require, to interpret. add to, frDdify, or change her subordinate standards. under the promised guidance of the Holy Spirit, an¢ with a direct responsibility to her Lord. The Church approves the emphasi8 of the Declaralory Acts on the love of God for all mankind, the fm offer of $olvalion to all, the obligation of the Universal Church to makè known the Gospel throughout the world, and the renunciation of coercion, per8ecution and intolerance in m•tters of rèligion. Accordingly this Church accepts the obligation to wilne88 to the truth of the Gospel and b serve men in the name of Chfist with regard alike lo their 8pintual and material wewafe, both at h¢Jne and overseas. 2. Rospon8lbllltlo3 of tho Congregatlon As a Congregation of the Unrted Free Church of Scotland this Congregation is unler the jurisdiction and oversight of the superior courts of the Denomination i.e. the Presbytery of the North lin which this Congregation resides) and the General Assembly of the United Free Church in all matters pertaining to rt8 8Piritual and t8mporal (including financial) affairs 11 seeks to trAercise these oblig8tion8 Within its fellowship and to the people in the community of which it is part. 3. Ro•pon•lbllltl•• and Appointm•nt of Offi¢• B••r•rn All matters affecting the 8pirilual well being and order of the Congregation 18 exercised by Ihe Kirk Session of this Congregation. The Kirk Se8$ion ¢on3ists of the Its Mlnl•ter and ruling eldars All temporal affairs (including financial) of th8 Congregation are administered by the Congreg•tlonal Board of this Congregation. The Property Trustees of the Congregation are the Ex Officio Office Bearer8 named on page 2 of this Report. The Mlnlster of this Congregation was appolnted by the Presbyiery of the North Elders, olected in accordance with Ihe Practice and Procedure of the Unrted Free Church of Scotland, along wilh members, elected by the Congregation at the Annual General Meeting or at a meeting of the Congregation specifically called for that purpose. form the Congrogatlonal Bo•rd . Office Bèarers are appointed by the Courts which they senle. All offices of the Church are open lo any member in full communion. Each Congregation al1nts elders to the Presbytery and to be Commissioners to the General Assembly. 'Presbyteri•nism' mean8 the govemment of the Church by elders
Paga 4 4. Actlvill•• and A¢hl•v•m•nts Brlef rn8umel•ummary ol Congf•gatlonl Athlll•• . slgnlficairt •v•nts l Gh•nw durlng year. The Church holds moming 80Nice$ at 11.LX) a.m. each Sunday , Conducled by the minister, the four of those are C¢)mmunion Services. There 1$ also a prayer mling on SLJnday Inofiiing bel?ie church and on each month there is coffee after thurth to raise monies for charrties. Also on each 4th Sunday ther8 is a SeN1 for people from Hong Kong taken by their own Pastor, This year the church large hall has been used by the Dundee Healthy Living initiative for their Keep Fil . Yoga and Weight Management groups. 0S1OnallY the18rge hall is used by the Nursery School over the road when they require rt as they do not have a hall of their own Inler hurch activities take place befv4een ColdsKle Church and ourselves al Chr15tmas and Easter for Services. We raise lunds for 8lytheswood Shoe Box Appeal , Malw Fruits and the Fo(J Bank 6. Flnancial Slat•m•nts and Fund• In accordance wrth the Charrt and Trustee Investment { Scotland ) Act 2005 { Yhe 2CQ5 Act, ) and the Charities Accounts { Scotland ) regulations 2006 { 'R8gulalions' i and being a Charrty with an annual gross income less than £100.000 . the Flnanclal stnts of thls Congr•gatlon 8•t out on p•go• 8 to 10 con•lst of a Statwn•nt of Congrng•tJon Fund• •nd movemonts th•ron duflng tho Y•ar endlnq 31•t Decembw 2024 and delalls of the R•c•lptA and P4yment, Surplu•, •nd N•t Mov•m•nt on Fund• durlng th• y•ar wlth •uppl•m•ntsry not•• thor•on whero approprlate. Th• Church hd a d•ficlt In It• G•Mral Ac¢ounl of £29,956-25p whlch was an Incr•ase on last year . Moni•• were t•ken from th• Pjlanm Fund which Is held in Head Offico too balan th• book8. Wfj hold funds thls year of £42,11743p whlch 18 down from last years £69,641. 04p , Th1• again du• to Incr•a••• in ga• , •lectrlclty , in•uranc•, salary and u•lng m•nie• sn th• Manse Fund too tsalan th• l)ook•. 6. A¢countlng Pollcl•• The main sources of income are the voluntsry offerings. donation8 and olher dving of members, adherents, a1 retated (Ygani8ations, and interest ¢x di¥NJends on Congregation Funds. The R1p1S and Payment8 of CongregatK)n Funds are recorded and reported on a cash received and cash Pa (as inv¢iceslarxounts are received) basis respectively. In tr* event that a commitment is made after the date of the Statement of Balances vhiich wll materially reflect on the amount of any Fund(sl this wryll be reported in the accompanying Notes lo the Financial Statements. The Balances ol Congregatson Funds rewesents sums available for the ongoing w•rk and aclivrties of the Congregation, stating ¥%thether each Fund is Unrestricted, Desffjnated, Restricted or Endowment and . where appropnate, for what purpose and how th888 Funds are held or invested. Page 4
- Land and Propgrty Land and Property ¢onsist of Church , Church Hall together with fittings and fumi8hings fjncluding communion and other ecclesiastical artjcles . Also the Congrègation now has a manse. tNhlch is 50?A owned by them and the other 50% by the Donomlnatlon . These are held as functional property for the use of the Congregation in fulfilling its aims *d mission arrfj in which its activrties are carried out for inveslment an(Vor resale. No market value is pla¢ed on these Assets.
- Independent Examlnor In accordance with the temis of 'terms 2005 Ad , Seclion 44111 Icl . and as a charity falling under regulation 9, of 'The Regulations,, and not required to carry out an audit under paragraph 9141 . an Independent Examiner has been appointed in accordance Yth regulation 11 of'The RegulBtions' lo carry out a competent examination of the Rewt and financial Statements of the Congwalion. The Independent Examiner's Report for the year to 31" December 2024 is on page 7. Page S
Pag• 5 9. Approval of Congregatlon Report and Financial Statements The Congregation Report and Financial Statemènts were approved by the Congr•gatlonal Board at their meeting on 7th Aprll 2025 and by the Congregation at the Annual General Meeting held on 26th May 2025. The Office 8earers aulhonzed to sign the report and Financial Statements on behalf of the Congregation are
Independent ExamineVs Report to the Trustees and Office Bearers of Caird Ave. ,Dundee, United Free Church of Scotland I report on the Report and Financial Ststernents of the Congregation for the year ending 31st Dernber 2024 which are set on pages 3 to 5 and 7 to 10. Re8pectlvo R¢•ponslbllltie• of Office Bearern & Trustees & Examln•r The Congregation's Office Bearers and Twstees are responsib for the preparatlon of the Report & Accounts in accordance with the terms of the Char5ties & Trustee Invostrnent (Scotland )Acl 2005 ( "The 2005 Act") & the Chanties Accounts (Scotland} 2006. The Congregation's Office Bearers & Trustees consider that the requirements of Regulation 9 apply but not those of paragraph 9(4) of the Accounts Regulations. It is my responsibilty to examine the Report & Finan Statements as Tequired under section 44(1)(c), of the Act and to state whether particular matters have come to my attention. 8asis of Independent examlnerfs statement My examination is Carried out in accordance with regulation 11 of the Charrties Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the Congregation & a rA)mparison ot the report and accounts presented with those records. It also includes consideration of any unusual Items or disclosures in the report & accounts , & seeks explanats'ons ftom the Offi bearers and trustees conceming such matters. The proureS undertaken do not provide all the eviden that would be required in an audrt, & consequenlly I do rK)t express an audit opinM)n on the view gplen by the report and accounts. Independent Examiners Statement In the course of my examination , no matter has come to my attention 1. which gives me reasonable cause to beIve that any material respect Ihe requirements.- (a) to keep accounting records in accordance with Section 44{1){a) of the 2005 Acl and Regulation 4 of the 2006 Accounts Regulations and (b) to prepare report and account which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulatn$ have not been met. or 2. to which in my opinion, attention should be drawn in order to enable a proper underst8fKling of Ihe Report and Finan Statements to be leached.
UNrrED FREE CHURCH OF SCOTLAND IRD AVENUE. CENTRAL CONGREGATION, DUNDtE l Deslgnated Scottlsh Charity NO.SclI683l The Annual General Meeting for the passin8 ofthe accounts will be held in the Church on thro 25, May 2025 after thi mornin8 service. BUSINESS Minutes Session Report Report of Congregational Board Election of Manageis Election of Clerk Election of Treasurer Election of External Examiner CONGREGATIONAL BOARD (Retlring Managers are eligible for re- lection) Any Qther Competent Business
GENERAL FUND FOR THE YEAR ENDING 31" DECEMBER 2024 Ordh• l.Qrdkna Offerin 2. FWO Mon Coven•nted 3. Glft L>Jnatk>ns 4. Tax Recmrod É I.612 É 2,33>50 £ 7.In>O) £ I,W08 E 1,81W £ 2.333U) C 10 074-SJ £ i.LVJ-CbJ l.MiAi5terf5 511 2.Pu 3.Te TrdlN.I. £ 33.544-39 ?26 £ 46M2 £ 34,14S 6", nses É 313y.18 65&Lh) 45&52 £ 3).11-S0 adb•nd 5.EyJnatians lor use of haus 6. tnatKffjs 7. Sum RawtforTa É 1.72 £ 2,ZCI>CXJ É 12>( £ i,()) É 12SXX) 22fy Tr£/ Chow Fees £ 16.35 E19.52>14 ?. CouDril Taxts 8.Ins¥e ChuTth & Manse 9. Heat & lo.r£ £ 1.561-61 £ 2.322-34 £ 4,79>98 9. Frum Church nwkns LC. Income Irorn Irivestrnellts 11. 5tedfa 12. Fund Ra 13. Pra Unn L4. E.O.N. (Sotsr Powerl IS. Pu ttsu Refvnds 16, Funwal Lknaiknns 17. CaJgfi(rs £ 2.251-34 £ 3.55>51 74 Event5 ToLIl £ R,67Y-93 11. Latht5 11 TrSferre4 Ic Fabric Fund 13. CCU 14. Bank Char IS. C4knders 33- 639.38 2574 £ 64944 É 19&ts) £ 35 974 35fyL F illl [ Ilfj 18. Lad¢es Dpy 19. Insurance Rehjnd 16. Bèrnabu$ 8Dokshop 17. Slatery et¢. l& Covr5e Mlle 19. 5théfast &99 To £ 153744 £ Ih6148 4 IWQJ 24 21. FWO Erlope$ 22. A55embty Expenses 23. PyryevslCtslf¢e. Tèa ' 24.H el Cbèardn 25. D E.CA 2& presentsirt 63-C¢) 161-25 272.40 Totsi Ordihary REceipts F 18.14fv79 £ ts>56 £ 30> 24-97 £ 20.31.12 nser5 É Nll £ ].12-91 É 3.41 -£ 29,9S&25 E 20.CWC £ 11.347.25 E 1.39L. £ -24.392-13 1.41144 i.zii 01 É 5.13938 Pra r Unn Total Grant É iJ414 504 £ 48.',01 Mi5Sklll 1 4S.383-23 1,241-(J £ 1 191
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In%twnentlResirkted Iilterest to Gen l
C•sh +n è•nk From E•5tv Gift Maki¥M Frvhs hswrMxtA F¢od Arth Fwndai 8172 £ 8&72 EasierG E 21MI E s3) f 163- £ 588.C E 1124XI £ 53fAXI £ 21rK £ 165 iawi FrMrt5 £ 16>ts) Fo¢4 £ Ni É Ji-n £ 11-72 I I,J22-72 £ YJg-72 1 1.372-72 Tofal Cash tn 1n¥tttnt Aedoen nteresi IrTht$¢TrTE 8ank Intere51 C•h th ••r* 13,77 £ 3,Tll-62
78 £ 3,119 18 É 3.n { 3.77540 Ae51r%ted- Intwe51 an10 Gentral fvLwunt 102J NM Trtasury $10 £ 45>54 £45>54 £45J-54 £ 453.54 lotal 4JJ.i4 £ 453-S4
Manse Unrestricted Account As At the 31" Decembér 2024 Expenditure Distributed to BenefKiaries Income Investment Income 2023 872-43 £ 1,394-85 Interest R1Ved pos t5 Increase/lDecreasel/ Resources Total £ 119,323-741 £ {28,929-841 £ 1,394-85 Total ! £ 87243 £ 1,394-85 Movements Sn Funds oning 8aiince IncreaselOeerea5el Resources GainjjL0$51 on Sale of Investments Gain/jL0551 In Revaluaflon ol Investments £ 53,423-65 £119,323-741 4-72 2,173-20 E 80,813-70 £128,929-841 1478-631 £ 2.01842 £ 36,277-88 £ 53,42345 Cioslni b•lance £ 36,27748 £ 53,42>65 sfATEMENT OF CONGREGATIONAL FUP4DS AT 31 OECEMBER 2024 2024 2023 Held a5 Fdlows £ 11,347-25 Royal 8ank of Scotland,Kln3sWay 461 Cjydesdale Bank: High Street. 81-72 h Street 453 54 TreasuLs¢ock. Comeuter Share NIL Premier Sovin&s. Clydcsdale Premier Savin85..Clydesdale Premief Savin£s: Clydesdale Inlerest io Da(o, Clydesdale Clydesdale Bank: Hii h Street. Church Headguafters.Deuich Bank Restrkted Funds CoTh8regational / General Funds Fabric Fund Special Collections Endowment i Capital Sum j Aesiiicieil I Capital Sum) Resiriciéd I Capital Sum Unrestricted Icapiial Sum) Bank Interest lo dote j.M. 8rown Tru5l For Sunday. Sthool Manse Investment Fund £ 11,347-25 8-41 31 72 NIL NIL NIL NIL 175 14 175. £ In General Acc £ 36.277 88 175 14 É In General Ac¢ 36,277 88 £ 53.423 6S £ 53.423.65 Total £ 38,33845 2024 £ 65,776-75 £ 38,33845 2024 3.779 18 42,117-63 £ 65,77&75 2023 3.775-40 £ 69,552-15 Unrestrlrted Fund Secured Loan and Gift 5¢heme 3.779. 18 Total £ 42,11743 3.77S.40 £ 69,552-15 Clydesdale Bank: H&1 h Streei Totsl
Summary of 2024 Accounts In Surplus and Deflcit Fund or Account GeneralAccount Fabric Account Special Coll. Account Total Income £38.146-79 £ 835-12 £ 858-00 £ 39,839-91 Expenditure £48,103-04 £ 882-72 £ 908-00 £ 49,893-76 Surplus/Def icit (£9,956-25) (£47-60) (£50-00) { £10,053-85) Manse Account Miss RodgerAccount PremlerAccount Secured Loan Scheme Total £ 3,050-35 £ o-00 £ 0-76 £ 3-78 £ 3,054-89 (£20.196-17) £o-00 £ o-00 £ o-00 ( £ 20,196-17) ( £ 17,145-82) £o-00 £ 0-76 £ 3-78 { £ 17,141-28) Income £42,894-80 Expenditure ( £70.089-93) SurpLus/Deficit { £ 27,195-13) Total of AccountslFunds