Contin Parish Church of S¢otlar Congregatlonal Accounts 31st December 2024 CONGREGATION NO: 392196 SCOThISH CHARITY NO: SC011897
ContiTr Parish Church of Scotland Le8al and administrative inforn)*ion Trustees & Treasurer PrSnclpal oFnce Lochluichart Lodge Garve Ross-shire IV23 2PZ Independent Examlner MècKay & Co Dingwall Bankers Royal Bank of kotland High Street Dingwall IV15 9HF
Contin Parish Church of Scotland TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees are pleased to present the annual report and financial statements for Contin Parish Church for the year ended 31 December 2024. Scottish Charity number SC011897. Strurture overnance and mana ernent Governlng Document The Church is administered in accordance with the Quod Omnia Constitution of the Church of Scotland. Ref rultment and Appolntment of Trustees Members of the Kirk Session 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 8ifts and skills. Or8ani5atlonal Structure The Kirk Session, whith meets not le55 than three limes a year. is responsible for the temporal and the spiritual affairs Wlthin the church. Ob ectlvès and artivities The Church of Scotland is Trinitarian in doctrine and Presbyterian in polity. It exists to 8lorify god and to work for the advancement of Christ's Kingdom Ihrou8hout the world. As a national Church, it acknowledges a distinctive call and duty to bring the ordinances of religion to the people in every parish through a territorial ministry. It co-operates with other Churches in various ecumenical bodie5 in Scotland and beyond. In the context of the local parish and congregation, the parish church affords regular opportunities for worship in two places of worship, and perform5 marriages and funerals as needed. It organises social functions from time to time. It also exercises a ministry of pastoral SLlPPOrt and provides spiritual support and moral education for primary school children within the parish. Achlevements and erformance The Parish of Contin covers a very large area with iwo centres of worship at Contin and Kinlochluichart Churches. The Parish is linked with Fodderty and Strathpeffer, they share a minister who resides in the Manse at Contin. The two parishes support each other in ministry and mission throughout the year. Public worship is held every Sunday in Contin Parish at 11.30am. with occasional exception when joint services with Fodderty and Strathpeffer are held. Worship seThices are held in Kinlochluichart Church on the last Sunday of the Month and at Contin Church on the other Sundays. The number attending weekly worship averages in the mid twenties, this number has grown and now 5tabili5ed since the church building wa5 closed during COVID.
Contin Parish Church of Scotland REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 CONTENTS PAGE Trustee5' annual report Independent Examiner's Report Receipts & Payments Account Statement of Balances Notes to the financial statements
Contin Parish Church of Scotland TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 A¢hievements and erformance cont'd Joint Services were held throughout the year, this encourages fellowship and takes the church to different parts of the Parishes. aiding mission. A joint service was held at Strathconon Village Hall, with a bus provided to take people from Strathpeffer and Contin, the service was followed by a barbecue. On the first Sunday of September a joint seiCe followed by barbecue was held at Strathpeffer, this to mark the beginning of the Sunday Club for children. A joint Harvest Thanksgiving Service and meal was held in Garve Hall. At Christmas joint Carol Services were held in Strathpeffer, Garve and Contin, all were well attended. At Easter joint activities were held durin8 Holy Week at Strathpeffer. Contin and Kinlochluichart. This year saw the start of a new joint venture, Me55y Church, held in Strathpeffer, but attended by families from both parishes. This incorporates crafts, Bible story, singing an(1 end5 With a meal. The numbers attending have been very encouraging with over 20 children and adults participating. The Presbytery Mi55ion Plan for the Parish of Contin is somewhat discoura8in8. The future of Contin Church is in serious doubt with plans try and sell the buildin8 in 2026. The plan envisages worship continuing within the village, probably by hiring the village hall, this would require some negotiation in the future. The congregalion can continue to Use the church for the meantime. On retirement of ihe present minister, likely to be in 2027, the plan proposes the ending of the linkage with Strathpeffer and a new union with Ferintosh Parish. Flnancial Revlew Income Our parish income derives from five sources:111 various weekly offerings comprising lal Gift Aid Weekly Free Will Offerin8s; Ibl GASD Offerings. which is to say Gift Aid Small Donations,. and Icl Open Plate Offerin8s,'121 HMRC rebates on the two aforemeniioned Gift Aid offerings lal & Ibl; 131 thirdly, from occasional donations.. and141 from the interest earned on the Bonus Reserve Account and the Organ Fund. Reimbursement by the Trustees for our expenditure on refurbishment and upkeep of the buildings and the fabric is also shown as investment/interesi income. Unrestricted funds During the year the unrestricted income derived from donations, seelll,121 &141 above, decreased by by £4,562 from £17,507 to £12,945. Unrestricted donations of £45112023 - £1,257) were gratefully received during the year. The congre8ation has remained consistent although there ha5 been a slight decrease in Open Plate income from £4.170 to £3.5CQ. A decrease in income of £605 from £1,305 to £7 for weddings and funerals was a150 noted in the year. Interest on the Bonus Reserve Account has increased due to recovering interest rates with £290 of interest received in the year12023 £2381. Total unrestricted cash balances as at 31 December 2024 were £62,36612023 £57,217). Restricted funds A8ain. ès throughout the last eight years. the value of the restricted fund for organ maintenance and replacement barely increased. from £6,404 on January 1. 2023 to £6,497 on December 31. 2024.
Contin Parish Church of Scoiland TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEM8ER 2024 Finance Review cont'd Endowment Funds- Maintenance Fund During 2024, the Endowment Fund accrued a sum amounting to £7,322 which is available to assist with expenditure on routine maintenance. from Endowment Fund. The lotal available to draw down is £19.958 and will be utilised in 2025. The Endowment Fund is managed and corstrolled on Ovf behalf by the Church of Scotland Trustees. serve5 Polit It is the Trustees, policy to hold unrestricted reserves of approximately six months, expenditure. At ihe year end. the Church held unrestricted fund of £62.36612023 £57.2171 whlch is more than 6 months. expenditure. Truslee5' re5 Trslbllltles In relatlon to the flnanclal statements The trustees are responsible for preparing the financial statements in accordance with applicable law and regulations. Under that law the trustees have elected to prepare financial Statements in accordance with United Kingdom Generally Accepted Accounting Practice. The financial statements are reouiTed by law io gNe a true and fair view of the state of affairs of the charity al the end of the year and of the incoming and out80in8 resources for ihe year then ended. In preparing these financial statements, the trustees are required too: select suitable accounting policies and then apply them consistently* make adjustments and estimates that are reasonable and prudent- prepare the financial statements on the 8oin8 Concern basis unless It is inappropriate to PTe5urne that the charity will continue its activitie5. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotlandl Act 2005 and Regulation 8 of the Charities Accounts (Scotlandl Regulations 2fM)6. The trustees are also responsible for safeguar(lin8 the a55els for the charity and hence for taking reasonable 5tep5 for the prevention and detection of fraud and other irregularities. Approved by the trustees on /rJ 2.y and signed on their behalf by:
Contln Paiish Church of Scotland INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CONTIN PARISH CHURCH OF SCOTLAND FOR THE YEAR ENDED 31 DECEMBER 2024 I report on the accounts of the charity for the year ended 31 December 2024 which are set out on page5 5 to 10. RESPECTIVE RESPON5181LinES OF TRUSTEES AND EXAMINER The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment {Scotlandl Act 2005 and the Charities Accounts (Scoilandl Regulations 2006. The Charity trustees consider that the audit requirements of Regulalion 10111 Idl of the 2006 Accovnts Regulations does not apply. It is my responsibility to examine the accounis as required under section 4411) It) of the Act and to state whether particular matters have come to my attention. BASISOF INDEPENDENT EXAMINER'S STATEMENT My examination is carried out in accordance wilh Regulalion 11 of the Charities Account5 (Scotlandl Re8ulation$ 2(X)6. An examination includes a review of the accounting records kept by the charitv and a comparison of ihe accounts presenied with those records. It also Includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trusteed concerning any such matter5. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on ihe accounts. INDEPENDENT EXAMIPIER'S STATEMENT In the course of my examination. no matier has come to my attention.. which gives me reasonable cause to beIVe that in any material respecl the requirements.. to keep accountin8 records in accordance with Section 4411) lal of the 2C(15 Act and Re8ulation 4 of the 2006 Accounts Regulations to prepare accounts which accord with the accounting records and comply with Re8ulation 9 of the 2006 Account5 Regulations have not been met, or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding reached. Date
Contin Parish Church of Scotland Receipts & Payments Actount FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2024 2024 2023 Note Un- Restricted Restricted Total Funds Total Funds RECEIPTS Donation5 Legacies Activities for generating funds Interest & Investment income Organ Fund Interest Receipts from general trustees Other income TOTAL RECEIPTS 12,945 12,945 17,507 2,638 838 2,638 8,740 93 4,814 6,429 76 7,903 93 306 29,132 7.996 17,420 25,416 PAYMENTS FWO envelopes Charitable activities Payments from general trustees TOTAL PAYMENTS 171 171 171 32,779 12,1 12,680 S80 12,271 12.851 32,950 Excess of Recelpts over Payrnents 7,415 5,149 12,565 13,8181 Tran5fer5 between funds Excess of Recelpts over Payments 7,415 5.149 12,565 13,818) The charity has no recognised gains or10sses other than the results for the year All of the artivilies of the charity are classed as continuing.
Contin Parish Church of Scotland STATEMENT OF BALANCES ASAT 31 DECEMBER 2024 Un- Restritted restricted Total Fund5 Reconciliation Balances at l January 2023 13.261 66,814 80,075 Excess of Payments over Recelpts for the year 5.779 19.5971 (3,818 Balances as at 31 December 2023 19,040 57,217 76,257 Movement in year: Exce55 of Receipts over Payments for the year 7.415 5.149 12,565 Balance as al 31 December 2024 26,455 62,366 88,822 Conlin Parish Church of Scoiland had no investments or liabilities outstanding at the vear end. The accounts were approved by the Kirk Session on / . 2025 For and on behalf of the Kirk Session:
Contin Parish Church of Scotland NOTES TO THE FINANCIAL StATEMENTS FOR THE YEAR ENDED 310ECEMBER 2024 BASIS OF ACCOUNTING These accounts have been prepared on the Receipts & Payments basis in accordance with the Charities & Trustee Investment Iscotlandl Act 215 an the Charities Accounts (Scotlandl Regulations 2006 las amended). ANALYSIS OF DONATIONS Total 2024 Total 2023 Restrirted Restricted GASDS WFO Gift Aid Tax on gift Aid Open Plate Donations 4.277 4,012 705 4,277 4.012 705 3,5 451 3,711 4.231 4,128 4,170 1,267 451 Total Recelpts 12,945 12.945 17,507
Contin Parish Church of Scotland NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 MOVEMENT IN FUNDS Amtnded 01-Jan 2024 Receipts Payments Transfers 31-Dec 2024 Restrlcted Funds Organ Fund Maintenance Account111 General Fund 93 7,903 6,497 19,959 12,636 19,040 7,996 26,456 Unrestrirted Fund Bonus Reserve 19.966 37,251 290 20,256 42,111 General Fund 17,131 12.271 57.217 17.421 12,271 62,366 Total Funds 76.257 25.416 12.851 88,822 Re5trirted Fund5 The Restricted Funds are held on behalf of the congregation by the Church of Scotland General Trustees. Purpose of Organ Fund: to maintain the Church Or8an. Purpose of the Malntenance Account: to contribuie towards the fabric maintenance of Contin and Kinlochluichart churches and the manse of the parish. 15ee Endowment Funds). Permanent Endowment Fund5 Held The Church of Scotland Investors Trust hold investments on behalf of The Church of Scotland, Contin. The interest and dividends generated by the investment5 are passed to the Church to upkeep the maintenance of the Churches and manse. The inflow and outflow of funds is managed through the Maintenance Account. Consolldated Fabric Fund - Market value at 31 December 2024 £ 166,522
Contin Parish Church of Scotland NOTES TO THE FINANCIAL STATEMÉNTS FOR THE YEAR ENDED 31 DECEMBER 2024 ANAIYSIS OF PAYMENTS Un- Restrlrted Restricted Total 2024 Total 2023 Charitable activities Ministries & Mission Allotation Presbytery dues Pulpit Supply OLM'S travel expenses Manse grass cutting & clearing Fabric repairs & maintenance Manse Council Tax Manse telephone Sub total 2,405 2.405 2,858 34 354 1,438 262 1,13S $40 1,135 540 2,100 1.550 2,1(10 1,550 5,282 1,662 278 12,168 7,729 7,729 Heat pump Heal & Light McGregor Fire Protection Insurance (church buildin81 12,492 4,804 112 1,843 19,251 1,352 274 1,999 3,624 1.352 274 1.999 3,624 Hire of Hall Printin8 & stationary Examination of ac¢ounlS Payments from general trustees Other 273 273 396 23 300 318 318 156 747 156 747 558 1,277 Total Payments 12,100 12,100 32,696
Contin Parish Church of scotland NOTE5 TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 TRUSTEES REMUNERATION AND RELATED PARTY TRANSACTIONS No payments were made to trustees during the year. MINISTER'S STIPEND All Church of Scotland congregations contribute to the National Stipend Fund which bears the costs of all ministers, Slipends and employer's contributions for national insurance, pension, and housin8 and loan fund. Minister5, Stipends are paid in accordance with the national scale, which is related to years of service. For the year under review the minimum stipend was £31,642 and the maximum stipend lin the fifth and subsequent years) £38,884. GOVERNANCE COSTS 2024 2023 Independent Examiner's Fee 318 3(KJ io
Contln Parish Churth of Scotland Appendix FOR THE YEAR ENDED 31 DECEMBER 2024 The following funds are held on behalf of the Congregation by the Church of Scotland General Trustees. Cost Value Market Value 2024 Capital Account 2024 Consolidated Fabric Fund 137.307 166,522