INCHINNAN PARISH CHURCH CHURCH OF SCOTLAND CONGREGATION ACCOUNTS for the year ended 31 December 2024 Congregatlon No. 140748 Charity No. SC011778 INCHINNAN PARISH CHURCH Index Page Reference and Administrative Inforniation Tn]stees' Annual Report Independent Examiner's Report Receipts and PayThents Account Staiement of BalanLes Notes to the Ac¢ounrs Appendix to the Accounts 10 INCRII,NliAN PAIUSH CHI',RCH Reference and Administrative Information Charity Name.. Iochmnan Parlsh Chwcm Church of Scotland Charity Registration Number.. SCO 11778 Congregation Reference No.. 14ni4S Contact AddTess'. 14 The Bccchcs Brooktield Renfrew'shire PA5 8LZ Trustees l)rinii l Ufti¢¢-bearers Independent Examiner BankLrs Bank of Scotland l High Str¢¢i Rcnfrcw PA4 8QJ [￿'CHIN]￿AN PARISH CHURCH Trustees, Annual Report Ye&r eDded 31" December 2024 The tN5tc¢s sublnit theiT report and the accounts foT th¢ y¢ar ended 31. Decembcr 2024 Structsre, GoverDallee #nd.Managernent Goi'erDing Document The Church is 8dmini$tered in accordance witb a Unitary Constitution adopted with the approvAI of the Church of Scotland and Thc prtsb￿ery of Greenock and Paisley. The administration of the Church is undertaken by ibe Kirk Session. Tru5t2e5 Th¢ Metnbers Lif the Kirk S¢ssion are the charity trustees. Thc Kirk Sessioll Memb¢TS ar¢ the Elders of the Church who are conside￿￿ to have the appropriate gifts and skills. Totn McCoDDell and Barbara Jackson wtre readmitted as Elders and Trustees in September 2024. All other trustees held Office throughout the year. OrganlsAtIoD41 Structure The Kirk Session is chaired bv ttrL¢ Minister and meets at least six times a year. The Kirk Session has various Cominitt¢¢s aud Support Group¥ which report back to tbe Kirk Session on ￿ariouS matters within their r¢tnit&. The Members of these Committees and Groups are fomied from Members of the Kirk Session along wiib M¢rnb¢rs of the CoDgregatiun. The Committe¢ structure comprises, worship. pats￿rat, outre4¢h, conJmunicatioll& property. financ¢, stewardship and safeguarding. Objectii'e8 and A¢tii'itie$ The Church of SL'Otland is a Trinitarian in doctrine, Refom]ed in tradition and Presbyterian in polity. It exists to glorify God and its work for the adK'anLemeni of Christ's KiDgdom throughout the ivorld. As J national Church. it acknoM'ledges a distinctiv¢ call and duty to bring the ordinances of religion to the people in every parish of SLoiland through a territorial ministry. It Lo-operates iyith other ChurLbes in various ecuEneniLal bodies in Scotland and beyond. Services of Worship are held on a Sunday morning on Wednesday momings on a regular basis and on oth¢r special dajs ihroughout the year. Corjjmunion Services are held in March, June & October. On Sunday mornings children atiend th¢ Young Church Group. A Scout Group is ￿lIlated to the Cburch. For adults there are the Guild, Monday Café, Craft Groups. Badminton Club aDd imen's Club. A Book Bug Group for young children also takes plaee regularly. A Café (the Meeting Plac¢) is ruu ots a Wednesday and The Gatbering and Tue'ing the Fai Groups a150 Ineet regularly. There 15 a Tea Bar after the Service on Sunday mornings which give opportuniiies for a get together on a regular basis. The Church also hold5 5eTri¢es for and has links iht local PrIll￿ry School and Little Incb Cate Home located in InchinnaD. The Kirk Session has undertaken a Five Year Review to plan for the futute. Achlevemenls attd Performanle Successfvl fundraising events were held throughout the year and also a number of social events including theatre trips. During School holidays fun events were held for children (o enjoy. Pllge 2 INCHL)N'LLN PARISH CHURCH Tru5tecs' Annual Report (continued) Year ended 31° December 2024 Financial Re￿e Total ii)Lum¢ of ov¢r £77.000 including fund Trisin% attd contributions from Church orgAtsiMtions of over £l- #nd i)vvr £8.500 for tht use of the premi5¢5 by Outside organisatioT]s. In addition to this a claim for 17,IXKI has still to be pri)L¢ss¢d and paid b}. HMRC for th¢ Gift Aid clai￿5 for April 2024. Uur expenditure of over L77.000 inLllldeJ uwer L15,000 on repaiEs and maintenancc of thc ChurGh and Hall buildings. We paid all our allocations of i)ver £36,¥42 to the c.hurch of SLotland in full. Donation$ T￿ vario￿5 Lharities during 2024 amounted to 0￿er £0,624. Ai the end of the year our rcscrvc Th'as ovcr £4Y.OIMI ard this CAts be used for ongoing repairs and maintenance and niaintainins our conuniunent5 for ihe Coming ycgr. Investigations are still ongoing in conjunciion with the Church of SCotl￿d for repairs io ib¢ Chancel WiTKEow ard the drninage system. St8tement of Trustees, RetDpunglbilities The members of th¢ KiTk Scssion must prepare fijiancial sraTements whiLh givc sufficient dctsil to cnabl¢ an apprxiation of the Trdnsaition5 of the Church during the financial year. ThL m¢mbLY5 of Lh¢ Kirk st￿￿10n dre responsible for keeping proper accountirts records, which oil requesr. musi r¥flc¢# the f￿anL7&] ￿hition of iht Church at that ti]ne. This n]ust b£ done lo ensure that the fmancial statements Lomply with tht C.haritiE& and TnLStee InvesimeDt (SboIl￿dI Act ?005. the Chariiies Accounts ISLvllÉ￿d) Regulaliuns 2006 and the Re&wl&tion8 Agent Congr¢gatioJ)al Finance approved bj the General Assembly of tbe Church ofscutiand in 2007. They are also respoD$ible for safegu91ding Ehe of thc Church and must tak¢ reasonable slq)s for Ihe prevention Bndlor detection of fraud and other irregularities. Approved by th¢ T￿st¢￿ aTJd signed on their behalf by IINCHINNAN PARISH CHURCH Charih, N'o: SCOI 1778 Independent Examlner's Report to the Trnstees of Inehinnan Parish Church RespLciive re5PODslbllltles of tru5tces eiRmineT The chantl'* lrnsicey art resporhEible for ihL' prepaTaiiiin nf Ilie accciuni< in accordanc¢ ii'itb thL iern]s of Ihc Cha<ie% and Trdstee 1nles1￿.[nt I SLI?l.dndl .4Li Iiill< aqd the Charitie5.4cLounts I SiLiilJnd i RLiuulariotLs Tht ch3llty ￿1<#5 LOtt>iJtt thai awb"I r4uitemov of Rewl3tion l(Ml) Id) of Acr(wnt5 RwlatioThi DLI.: ap*l%. It li It%P)nsibili',N 10 eiami.-. the req￿ sen1￿5 A i ) Ici .4a and io SLate Mhl*ternent . 1% knaTr.ei4 LI￿1 8tcord&The Reou]aTion I l of the Chan"tie5 Al￿￿[nIS Iscth kll3tio.. R¢=U13110￿ "(KJ6. .4n e.iaTllin2tion i]Kludes a relie￿ ot the XCOUnL Ln£ re¥OT&" ktp:. by the cban"'.% afyj con￿arlI0￿ of the account5 PtEsEntrd wilh thos¥ ftCQTd4. Ir also t[KI￿je) consideraiioD of ans UaUiU411 il or JisLlosurLS in the accowits. and 5Ltks explanaiions from the ELusiees con¢ernini aryv 5ULh ttBii undLrtaken do not nroi ide all tiie ei'id¢n¢e Lha: ￿"OU1￿ be required in an audffti: a￿d u)llSeq￿nlIv I do Troi ¢xpre55 an audii opin]on on the lic￿. by ihe accountr- INdepondcnt e¥*mintr's st4trm¢nt In th¢ COUTse ol'm! e.iaininatiotL DO ￿tter come to mv att¥Iltio "hicb gL%es me reasonabl¢ iause to bebeke tbai in an!. Ellaierial itipeci the requir-m¢nts.- il io ketp ariountin¥p TeL4)r￿- accordallcc *ith Scction 411 l Y al of tne .la arld Regulallon 4 of rhe ..1 jw¥aiL-.rs R..kLlaElor￿. aDL '.L rare a¢¥oiJnis 14.hich accord M"ith the accouniing records aDd COEW)IN' R¢EU]auon 9 of mt )Lf.L. Re£ulaiions b.aN'e noi been mei. or iti mtr" cyiniorL 8￿￿120n skxkld ￿ drawm in order ts) enable a pro￿ of7the Pasr 4 INCHINNAN PARISH CHURCH Receipts and Payments Account Year ended 31 December 2024 2024 2024 Totsl 20 Tot41 VDre5tricted Funds Restricted Funds EDdowmellt Funds Receipts Donations Bank interest Note 46,190 1,353 545 70 46,735 1.423 55.698 843 47.543 615 48.158 56,541 Rental of premises Congregational Organisation Regular fi￿d[aIsIng Wedds'ngs at n¢r&ls Life attd Work Expendiiure relaied income ,Uisc Income Grants Received 8.505 11.079 8.505 11.079 4,645 9,112 6.166 2,125 6,166 2,125 5.262 1,375 126 473 126 473 84 2.416 198 198 1.000 81 1.000 29.474 198 29,672 22.975 Total Recelpts 77,017 813 77,830 79,516 PaTr'ments Paymellts relating directly io charitable actLVlties (77,068} (768) (77,836) {76.706) Surylus1{Deficit) of receipt5 oyer payments (51) 45 (6) 2,810 Pa8e 5 Inchinnan Parish Church Statement of Balances At 31 DeL¢mber 2024 2024 2023 Unrestrlcted Fullds RL*tri¢led Fund5 EJHlowrn¢nl Funds 2023 Total Total BAnk & Dep051t Bai*nee8 Church of Scoiland deposit ￿coUnt Bank curr¢nt aecounis Casb in halld 7.140 21.241 1,3UI 297 1.000 200 28,441 21.738 1.000 27.229 23.409 48J81 2,598 21Tr0 51,179 51.611 2024 2023 L1nre5tricted FuTrds R¢5trltted 'vnds EDdowmellt Fund5 21123 TotAI Tot91 M(bvcment in Yeir.. FuDdi at l Januar). 2024 EXLCSS of TeLeipts,(payments) for the year as shtswn In rhe reLeipl dnd p&yments account 48.433 2,978 200 51.611 43.8V I (51) 45 (61 2,81 Funds gt 31 December 21b24 4&392 3,023 21JO 51.611 FuDds htld on bthalf ot the CoD%rexati(bn bi. thr Church of Sco¢l&nd Gcneral Trustees Please r¢fo io the aPpelld￿ pabye 9 The accouDts were aPprO￿.ed by the trustees on ￿lL 2025 aud si￿ned i)n Iheir hehalf h) Inchinnan Parish Church Notes to the Accounts Year ended .11 December 2024 Trustee RemuDerAtlon and RelAted PRrty TrnJtSaLtiull Dwittg ibe year ihe incutted expenses totallang £240. Eight trustees received teimbursement of expenses in¢urred tothllthg Li,009 1202)- £3,6941. 2. Movemtnt in Fundg AtlJi 21 At31 Dec 2014 R￿eIptS P#}mJeDts Tr*nsfers L"nre5trlcted funds GeneT81 48.434 77.017 (77.068) 48,382 48.434 77.017 177.0681 48,382 Design*ted Funds FabriL Fund Floiver Fund Men'b Club Tbe Guild Fund Meetill￿ PlaLe Café Ba￿￿Ent0￿ Mondyy Club 1.506 308 70 545 1,576 150 17031 649 16 76 332 106 91 {32) 724 107 (32) (32) 332 2.977 812 1767} 3.023 Endornent Fulld Jatte Stewart Bequest for Fabric FUJ Jessie A. Smith B¢que5t for SUI￿aY School 100 100 100 100 21MJ Total Funds 51.611 77,829 {77,835 51,605 Purposes of Unrc5tri¢led bund$ LTnrestricicd I'unds are ¢¥pendable at the discretion of the trustees in furtherance of the objects of the ch&Tity. Purpojes ufDe$ignated Funds If parts of the ullrestricted funds are eannarked ai ihc discrction of the trustees IOT a wdrticulaT PUTPQSe, they ale desigAdt¢d a5 a separate fund. This discrLtion has an administtsri￿e pury)()5e only and does not le8ally restrici th¢ trustee5' di5crction to apply thc fund. Fabric Fut￿.. Thc Tru8tees havt Set a5idE fuMI.s for the rnaintenanee of the Church pr¢)perty. Flow'er Fund.. This 15 a fund to provide flowe[5 for display durin8 seryiccs of wors]ll'P. Purposes of Elldowment Fundy Income from Jane Siewdrt Bequesi iy Iransferrd to the Fabric Fund Income from Jessie A STniih Beque81 is for ihe use of the Sunday School. INCHINNAN PARISH CHURCH Notes to the Accounts Year ended 31 December 2024 3. Analysis of DoDations 2024 EDdo)vment Fund$ 20Z4 T1￿$ year Tfrtal 2023 LAS¢ ye Total VDre&tricted Funds Restrieted Fuods WFO Sche]ne Stsnding order offerings Gift Aid doDatiolls Tax rtLover¢d on Gift Aid donations Ordinary offerit)gs {Open Plate) Miscellaneous 13,290 25,878 13,290 25,878 13,295 24,646 3,150 3,150 2.518 8.136 3,194 3,194 3.639 678 545 1,223 3,464 46,190 545 4. Att*lysis of payments 2024 2024 This year Total 2023 Last year Total Unrestricted Funds Restricted Funds EndOiYme￿É Funds Charitable 4ctivities GiKing to Grow Pr¢%bJlery dues Minister s expenses Pulpit supply Organist Fund Raising Expenses FabriL repairs & maintenancE Manse maintenance Manse council tax Cia5 Electricity Insuranc¢ Telephone & Internet Equipm¢nl Publicity & Adverts Prillting, stationery and postage Lifr and Il"ork Olltreuch Choir & Music Expens¢s Cl¢aning & Maintenanc¢ Major Fabric Expenses Other expense5 36.842 372 240 230 3.570 220 8,071 36,842 372 240 230 3.570 220 8.071 33,285 446 511 345 3,400 453 3,885 828 3,705 3,883 3.955 3.381 632 225 207 250 828 3,705 3,883 3.955 3.381 632 225 207 250 4,861 3,602 2,620 2.171 3.278 753 431 526 275 564 493 9,427 2,245 1.868 252 606 65 7,964 252 606 65 7,964 1,570 2J38 77,068 768 77,836 76,706 S. MinisteT5' stipend All Church of Scotland collgregations colltribute to the National StipeDd Fund ￿.￿l¢b bears the cost of all ￿Snisters. stipends and employer's contributions for national insurance, pettsion and housing and loan fund. MstiisteTS' stipends ar¢ paid ID accordance with th£ ¥￿tional stipend scale, which is related to year5 tsf seThi¢e. For tbe year nd¢r reN'iew ihe millimum stipend was £3 1.642 alld the maxirnum sripend in the ninth and subsequent years of setvice w'as £38,884. 'Note- Gift Aid Claim for £7.OO&F h&$ been lodged with HMRC but ￿ndS not y¢t received from them. P48e 8 6. Collectlon for third parties Christian Aid Crossreo¢h Women Aid Poppv Scotland Breast Cattcer Now. MIND Scotland ALcord Beatson Charity 783 251 125 450 523 929 255 308 Page 9 Inchinnan Parish Church Appendix to accounts Year ended 31 December 2024 Funds held on behalf of the Congregation by the Church of Scotland General Trustees Tbe Church of Scotl3nd Regulxtlon5 4DeDt Congregatlonal Fingnce require dlsclosure of ¢he following F*brle Funds by V<'8V of 3 memorandurrL.4ppendix ttr tbe CoDgreg8tjOD&I Accounts 2024 Capit21 aecount Ci'edit balances held ai cost 5.005 Market value of investments Deposii fund 34,663 11,126 Revenue Iceount Credit Balanle 8.440 TolAI funds at 31 December 2024 Movemellt 2024 Total funds at l January 2024 (in¢ludiThg invcstments at ll￿rket value) Invc5tment Income received Intcrest received Admin costs Unrealized loss on value of shores Toial fut]ds at 31 December 2024 (including investments at n￿rket value) 55,869 1.464 234 (10) (3.328) Pag¢ 10