2024-12-31-accounts - Kilbarchan Parish Church (Church of Scotland)

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

The Church of Scotland

l(ilbarchan Parish Church

Annual Report & Financial Statements for Year ended 31 December 2024

Congregation No: 140754 Ch.arity No: SC 012123

• Kilbarchan Parish Chul'ch Trustees' Report Year ended 31 December 2024

The tnJstees present their annual report and financial statements ·of the charity for the year ended 31 December 2024. The financial statements have been prepared in accordance with the accounting policies set out on pages 10 and 11 in the accounts and comply with the General Assembly Regulations for Congregational Finance, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic oflreland published on 16 July 2014.

Objectives and Activities

The Church of Scotland is Trinitarian in doctrine, Reformed 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 every parish of Scotland through a territorial ministry. It co"operates with other Churches in various ecumenical bodies in Scotland and beyond.

Achievements and Performance

The membership ofKilbarchan Parish Church on 31 December 2024 was 323, as sadly twenty-one of our members died during the year and five members chose to move away to another church. We are pleased that there are about 120 people regularly attending Sunday worship with an average attendance of about 95. Mid week fellowship meets on Wednesdays and has around twenty people attending. A monthly meeting of Messy Church attracts about fifty local children plus their parents and Junior Church talces place every Sunday during worship. It was good to once again welcome the children and staff of the primary school into church for their end of session service which was well supported by their families and friends.

In accordance with the Presbytery readjustment plan, and following votes by both Kirk Sessions and Congregations, Kilbarchan Parish Church linked with Howwood Parish Church on 1st September 2024. A service of linkage was held in Howwood Church on Tuesday l st October 2024. The result of th.is is the minister is now Minister of the linked charge and has worship and pastoral responsibility for both Kilbarchan and Howwood parishes.

In terms of the Basis of Linkage, the ministry expenses and costs of maintenance of the manse are shared by the two Churches. During 2024, Ministry expenses and maintenance costs for the Manse have been paid by Kilbarchan and the proportion agreed to be paid by Howwood for the period 1st October to 31st December 2024 [£246] is recorded under Other Income on page 12 of the accounts.

Our Jivestream has 117 subscribers [30% more than last yearJ and attracts between 10 and 12 viewers, but as week progresses, there are regularly up to 100 views. We are also able to provide a livestream link to funeral services held in our church and audio recordings on a stick for members who are not able to access the livestream recording. A Worship Group support the Minister or take the service when the Minister is unavailable, and a Praise Group helps to lead worship at some Sunday services.

Page2

Kilbarchan Parish Church Trustees' Report (cont) Year ended 31 December 2024

During the year, it was good to have [probationer Minister] lead our worship and contribute to the life of our Church by visiting and supporting our members and organisations. After his training period ended at the end of November, we were pleased that Aaron was appointed as our Assistant Minister on a part time basis for six months.

Following the dissolution ofLochwinnoch Parish Church in April 2020, we received during 2024, the funds which were held by Lochwinnoch at the time of dissolution. In total £34,092 has been received in 2024 and these funds are recorded under Other Income on page 12 in the accounts. As part of our continuing outreach to our community, of that amount, £8 � 204 has been set aside for Outreach and Youth [Restricted fundsJ with some of these funds being used to purchase table tennis tables and equipment for a "bat and chat" group which is held in the Halls. This is led by our minister and has been successful in attracting a wide range ofregular participants.

As congregational members continued to faithfully support the work of the church, income received from freewill offerings as well as donations has held up well, despite the fall :in our roll. Our fundraising activities have been well supported by our members and the local community with regular hall lets further boosting our income. It is also gratifying to note that both our own members, as well as the wider community, have continued to make generous financial contributions to our appeals to support local, national and international charities like local hospices and care homes, as well as to Christian Aid and Mary1s Meals and the Salvation Army Toy Appeal. The Food Bank has been very grateful for the contributions made every week by our members and village residents.

Risk Management

Risks relating to health and safety, and security in terms of protecting children and vulnerable adults are constantly monitored by our Health and Safety convenor and the Property team. In accordance with advice received in the summer from the Church of Scotland, the security of the Church and halls was reviewed. This has resulted in the installation of a fob system for the Church Hall to decrease the risk of unauthorised persons gaining access to the premises.

Reserves Policy

The charity trustees have considered the reserves required and have taken into account their current and future liabilities. It is the Trustees' policy to hold reserves of approximately six months expenditure. This was achieved at the end of2024 with unrestricted funds of £206,687 and restricted funds of £15,410 mainly for fabric use and to support community youth. Following the sale of the fonner Kilbarchan West Parish Church and Hall in 2019, there is a further £157,288 held by the Church of Scotland General Trustees to be used by the Parish Church for fabric purposes only.

Structure, Governance and Management

The congregation is a registered charity, number SC012123.

Members of the Kirk Session are the charity trustees. The Kirk Session members are the elders of the cht1rch and are chosen i"orn 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 Kirk Session meets on five occasions during the year with the flexibility to call extra meetings should the need arise.

All record books relating to the Kirk Session are inspected annually by representatives of Clyde Presbytery,

Page3

KHbarchan Parish Church

Trustees' Report (cont) Year ended 31 December 2024

Reference and Administrative Information

Trustees

Kirk Session

Principal Office

Kilbarchan Parish Church Steeple Square Kilbarchan Johnstone PA102JD

Charity No: SC012123

Page4

Kilbarchan Parisll Church Trustees' Report (cont} Year ended 31 December 2024

Independent Examiner

GMH Chartered Accountants St James Business Park Pavilion 3, Suite 2 Paisley PA3 3BB

Bankers

Virgin Money Dunn Square 1 Causeyside Street PaisleyPAl lUW

Trustees' Responsibilities in Relation to the Financial Statements

The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in Scotland requires the charity trustees to prepare financial statements for each year which show a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period. In preparing the:financial statements, the trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the method and principles in the applicable Charities SORP;
make judgements and estimates that are reasonable and prndent;
state whether applicable accounting standards and statements of recommended practice have been followed,
subject to any departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presUme that the
charity will continue in operational existence.

The trustees are responsible for the maintenance and integrity of the charity ani financial information on the congregation's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Page5

Kilbarchan Parish Church Independent Examine1·'s Report to the Ti·ustees of Kilbarchan Parish Cllurch 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 pages 7-19.

Respective responsibilities 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 Trnstee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).

The charity trustees consider that the audit requfremeut of Regulation 10(1) (a) to (c) of the Accounts Regulations does not apply. It is myresponsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.

Basis of independent examiner's statement

My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended). A11examination includes a review of the accounting records kept by the charity aud a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the trustees concerning any such matters. The proced"Lu·es undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Inde1>endent examinel·'s statement

Ill the course of my examination, no matter has come to myattention.

which gives me reasonable cause to believe that in m1y material respect tlie requirements: to keep accounting records in accordance with Section 44(1) (a) C>fthe 2005 Act and

Regulation 4 of the 2006 Accounts Regulations (as am.ended), and

to prepare accounts which accord with the accotmting records and comply with Regulation 8 of the 2006 Accounts Regulations (as amended) have not been met, or

to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

==> picture [239 x 87] intentionally omitted <==

GMH Chartered Accountants St James Business Park Pavilion 3, Suite 2 Paisley PA33BB

Date .. .' 1: .f.:Y.. .....?.:'8-.. .:............ � � � �

Page6

Kilbarchan Parish Church

Statement of Fin.ancial Activities

Year ended 31 December 2024

Unrestricted Funds Restricted Fm1ds 2024 2024 £ £ 118,168 1,000 29,449 0 5,040 0 5,866 563 30,252 9,774		Total 2024 £ 119,168 29,449 5,040 6,429 40,026	Unrestricted Ftmds Restricted Funds 2023 2023 £ £ 97,361 0 27,254 0 4,165 0 3,550 216 3,718 1,272	Total 2023 £ 97,361 27,254 4,165 3,766 4,990
188,775 11,337	200,112 17,141 120�051 0 137,192 62,920 0 62,920		136,048 1,488	137,536 16,230 104,792 0
17,141 0 104,173 0 15,878 0 121,314 15,878			16,230 0 87,593 0 17,199 0
			103,823 17,199	121,022
67,461 (4,541)			32,225 (15,711)	16,514
0 0			0 0	0

67,461 (4,541)			32,225 (15,711)	16,514
698 (698)		0	166 (166)	0
68,159 (5,239)		62,920	32,391 (15,877)	16,514
138,528 20,649		159,177	106,137 36,526	142z663
206,687 15,410		222~~2~~097	138,528 20,649	159,177

Page?

Kilbarchan Parish Church

Balance Sheet at 31 December 2024

Unrestricted Funds Restricted Funda Total Funds 2024 2024 2024 Note FixedAssets: £ £ £ Tangible assets Investments Total FixedAssets Current Assets Debtors Cash at bank nud lu hand Total Current Aesets Liabilities Creditors falling due wltbfn one year Not Current Assets Creditors falHng due after more than one year 0 0 0 Net Assets 13 206,687 15,410 222,097 The fllnds of the charity: 15 Endowment funds 0 0 0 Restricted incomefunds 0 15,410 15,410 Unrest1·lcted l11come funds 206,687 0 206,687 Totnl charityfunds 206,687 15,410 2221097 9 0 0 0 IO 0 0 0 0 0 0 11 5,290 0 5,290 209,599 15,410 225,009 214,889 15,410 230,299 `12` (8,202) 0 !8,202} 206,687 15,410 222,097	Unrestricted Funds Restricted Funda Total Funds 2024 2024 2024 Note FixedAssets: £ £ £ Tangible assets Investments Total FixedAssets Current Assets Debtors Cash at bank nud lu hand Total Current Aesets Liabilities Creditors falling due wltbfn one year Not Current Assets Creditors falHng due after more than one year 0 0 0 Net Assets 13 206,687 15,410 222,097 The fllnds of the charity: 15 Endowment funds 0 0 0 Restricted incomefunds 0 15,410 15,410 Unrest1·lcted l11come funds 206,687 0 206,687 Totnl charityfunds 206,687 15,410 2221097 9 0 0 0 IO 0 0 0 0 0 0 11 5,290 0 5,290 209,599 15,410 225,009 214,889 15,410 230,299 `12` (8,202) 0 !8,202} 206,687 15,410 222,097	Unrestricted Funds Restricted Funds TotalFunds 2023 2023 2023 £ £ £ 0 0 0 0 0 0	Unrestricted Funds Restricted Funds TotalFunds 2023 2023 2023 £ £ £ 0 0 0 0 0 0
0 0	0	0 0	0
5,290 0 209,599 15,410	5,290 225,009	3,888 0 136,132 20,649	3,888 156,781
214,889 15,410 (8,202) 0	230,299 !8,202}	140,020 20,649 (1,492) 0	160,669 (1,492)
0 0 206,687 15,410	0 222,097 222,097	0 0 138.528 20,649
206,687 15,410		138,528 20,649 0 0 0 20,649 138,528 0
0 0 0 15,410 206,687 0	0 15,410 206,687
206,687 15,410 2221097

The accounts were approved by tho trustees 011.J � )2/ � i.11nd signed on their behalf by:

==> picture [359 x 104] intentionally omitted <==

Page 8

Kilbarchan Parish Church Statement of Cash Flows Year ended 31 December 2024

		Total		Total
		Funds	Funds	Funds	Funds
		2024		2023
	Note	£		£
Net cash genel'ated by operating activities	16	62,920		16,514
Cash flows from investing activities:
Intei·est and dividends			0		0
Purchase of fixed assets			0		0
Proceeds from sale of investments			0		0
			0		0
Net cash provided by investing activities
Cash flows from financJng activities:
Repayment of bonowings			0		0
Net cash pl'ovi.ded by financing activities			0		0
Change ht cash and cash eqnivalents in the
vear
Cash and cash equivalents brought fo1·ward		159,177		142,663
Cnsh and l',ash equivalents carried forward		222,097		159,177

Page9

Kilbarchan Parish Church Year ended 31 December 2024

Accounting Policies

The principal accounting policies, which have been applied consistently in the current and preceding year in dealing with items which are considered material to the accounts, are set out below.

Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014 and the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended)

Fund accounting

Funds are classified as either restricted funds or unrestricted funds, defined as follows.

Restricted funds are funds subject to specific requirements as to their use which may be declared by the donor or with their authority or created through legal processes, but still --within the wider objects of the charity.

Endowment ftmds are ftmds which have been given on the condition that the original capital sum is not reduced, but the income there from is used for the purpose defined in accordance with the objects of the charity.

Unrestricted funds are expendable at the discretion of the trustees in furtherance of the objects of the charity. If parts of the unrestricted funds are earmarked at the discretion of the trustees for a particular purpose, they are designated as a separate fund. This designation has an administrative purpose only and does not legally restrict the trustees' discretion to apply the fund.

Incoming resources

Income is recognised when the charity has entitlement to the funds, any perfom1a11ce conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Donated services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS102) the general volunteer time of congregation members is not recognised. On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised as expenditure in the period of receipt.

Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally uponnotification of the interest paid or payable by the Bank.

Page 10

Kilbarchan Parish Church Year ended 31 December 2024

Fixed Assets

The charity has the right to occupy and use for its charitable objects certain tangible fixed assets, including the Ch1irch, halls and manse, vested in the Church of Scotland General Trustees. No consideration is payable for the use of these assets. Expenditure incurred on the repah- and maintenance of these assets is charged as resources expended in the Statement of Financial Activities in the period in which the liability arises.

Tangible Fixed Assets and Investments

Fixed. asset investments are stated at market value at the balance sheet date. Unrealised gains and losses represent the difference between the market value at the beginning and end of the financial year or, if purchased in the year, the difference between cost and market value at the end of the year. Realised gains and losses represent the difference between the proceeds on disposal and the market value at the start of the year or cost if pm·chased in the year. This section does not apply to this set of Accounts as the Church does not own the title deeds of the Church, Halls, Manse. These are vested with the General Trustees of the Church of Scotland. The Kilbarchan Parish Church has no investments. Surplus Funds are deposited with the Church of Scotland Investors Trust.

Taxation

Kilbarchan Parish Church is recognised as a charity for the purposes of applicable taxation legislation and is therefore not sU:b,iect to taxation on its charitable activities. The charity is not registered for VAT and resources expended therefore include irrecoverable input VAT. In the last three years major works were carried out on Church property and as the Church is the main place of worship and a listed building, VAT was recovered on this work.

Page 11

IGlbarchan Parish Church

Notes forming part of the financial statements for the year ended 31 December 2024

		Unrestricted	Restricted			Unrestricted	Unrestricted	Restricted
		Funds	Funds	Total			Funds	Funds	Total
		2024	2024	2024			2023	2023	2023
1	Donations and Legacies
	Offerings	75,662	0	75,662	75,662		74,709	0	74,709
	Tax recovered on Gift Aid	17,159	0	17,159	17,159		15;138	0	15,138
	Legacies	10,000	0	10,000			0	0	0
	Vnine of donated goods	0	0	0			0	0	0		0
	Other	15,347	1,000	16,347	347		7,514	0	7,514		514
	118,168 1,000 ~~ss SS~~			119,168 97,361 0 ~~SS~~					97,361 ~~—_——~~
2	Income from charitable activities
	Weddings and funerals	600	0	600			1,130	0	1,130		1,130
	Fundraising Activities	28,849	0	28z849			26,124	0	262124		124
	29,449 0 ~~29449~~ 27,254 ~~0~~ ~~27,254~~ ~~a~~ ~~——~~ ~~SS~~ ~~SS~~ ~~SSSSSS~~ ~~SS~~
3	Income fromothertrading activities
	Rent received -Hall	5,040	0	5,040			4,165	0	4,165		4,165
		~~a~~
		5,040 0 ~~ee ~~		s,04o 4,165 0 ~~ee~~					4,165 ~~—_—~~		4,165
4	Investment income
	Dividends received	0	0	0			0	0	0		0
	Deposit interest	5,866	563	6,429			3,550	216	3,766
		~~SS~~
		5,866	563	6,429			3,550	216	3,766
5	Other income
	Receipts from General Tmstees	2,555	0	2,555			0	0	0		0
	Refund ot'VAT POW	0	0	0			0	0	0	0
	Lochwfnuoch Parish fund incorporation	25,888	8,205	34,093			0	0	0
	Howwood recovery of ministry expenses	246	0	246			0	0	0	0
	Coffee-ffea-after Set·vices	1,376	0	1,376			1,058	0	1,058	1,058
	Misc.	187 1,569 30,252 9,774 ~~SS~~		1,756 40,026 ~~——~~	2,660 1,2~~.~~72 3,718 1,~~27~~2 ~~	~~ ~~SS~~				3,932 41990
	Total 188,775 11,337 200,112 136J048 1,488 137,536 ~~SS~~

Page 12

Kilbnrchan Parish Church Notes forming part of the financinl statements for the year ended 31 December 2024

			Um·estrlcted	Restricted		Unrestricted	Unrestricted Restricted
			Funds	Funds	Total	Fnnds	Funds	Total
			2024	2024	2024	2023	2023	2023
6	Analysis of Expenditure
	Fundraising Events		16,938	0	16,938	16,938 15,980	0	15,980
	Offering Envelopes		203	0	203	203 250	0	250
			17,141	0	172141	172141 16,230	0	162230
	Charitable Activities
	Ministries&Mission Allocation		54,804	0	54,804	43,301	0	43,301
	Presbytery Dnes		1,846	0	1,846	1,846 2,157	0	2,157
	Voluntary Additional Stipend		0	0	0	0	0	0
	Minister's Expenses		2,435	0	2,435	2,414	0	2,414
	Ministerial Assistance		0	0	0	0	0	0
	Pulpit Supply		100	0	100	305	0	305
	Honorarium payments [note 1]		5,500	0	5,500	5,150	0	5,150
	Equipment etc costs		0	0	0	2,442	0	2,442
	Energy Costs		6,830	0	6,830	3,645	0	3,645
	Insurance Premiums		3,847	0	3,847	3,717	0	3,717
	Fabric Repairs&Maintenance		6,632	13,135	19,767	2,317	15,703	18,020
	Council Tax		3,716	0	3,716	3,630	0	3,630
	Other Buildings Costs		6,175	0	6,175	7,479	0	7A79
	Church Office Expenses		2,181	0	2,181	2,408	0	2,408
	Locllwinnocb Outreach & Youth		0	1,370	1,370	0	0	0
	Otl1crDonation		0	0	0	100	0	100
	Organ&Music		200	0	200	496	0	496
	Other expenses		9,907	1,373	11,280	8,032	1,496	9,528
			104,173	15,878	1202051	1202051 87,593	17,199	104,792
		Tot1d	Tot1d 121,314	15,878	137,192	103,823	17,199	121,022

Support costs have not been separately identified as the trustees consider tl1ere is only one charitable activity. Therefore support costs relate wholly to that activity and have not bee11separately identified.

Note 1. "The tmstees re-evalauted previous policy in respect of disclosure relating to "other snlaq costs"and resolved that where no contract of employment is held with an individual, payments would be nru:rated in Hne with the substance of the payment.

Page 13

Kilbarchan Parish Church

Notes forming part of the financial statements for the yeal" ended 31 December 2024

7 Staff costs and numbers Salaries and wages	2024 £ 2023 £ 0 0

The trustees re-evalautoo previous policy in respect of disclosure relating to "other salary costs"and staff having resolved that where no contract of employment is held with an individual, payments would be narrated in line with the substance of the payment. As such,· the church has no staff within the year only those receiving an honorarium payment for services provided for provision of music. TI1e premises maintenance bas been sub contracted within the year thus explaining the change in staff numbe1·s.

The avernge number of employees during the year was as follows:

Music stnff Premises m11i11tenance	2024 0 0 0	2023 0 0
		0

No employee had employee benefits in excess of £50,000 in 2024

All Church of Scotland congregations contribute to the National Stipend Fund which bears the cost of all ministers' stipends and employers' contributions for national insurance, pension and housing and loanfund. Ministers stipends are paid ht accordance with the11ational stipendscale, wl1ich is related to years of service. For the year under review the minimum stipend was £31,642 and the maximum stipend (in the fifth and subsequent years) was £38,884.

8 Trustee Honorarium Payments and Related P11rty Transactions

Dtrring the year 2024 Mr Ian Trushell,who is a member of the Kirk Session, received £5,500 for S01'vice as Organist and Choirmaster. Thepayment level has returned to pre-pandemic levels .

No trustee or a personrelated to a trustee hadany personal interest in any contract or transaction entered into bythe chadtyduring the year.

During the year a total of £31,641 was donated to thecongregation by trustees

During the course of the year the Minister was paid £2,435 in respect of travelling expenses, telephone etc.

Page 14

Kilbarchan Parish Church

Notes forming part of the f'mancial statements

for the year ended 31 December 2024

9 Tangible Fixed Assets

		Office
	Buildings	Equipment	Total
	£	£	£
Cost
At 1 January 2024	0	0		0
Additions	0	0		0
Disposals	0	0		0
At 31 December 2024	0	0		0
Accumulated Depreciation
At 1 January 2024	0	0		0
Charge for year	0	0		0
Eliminated on Disposals	0	0		0
At 31December2024	0	0		0
Net Book Value
At 31December2023	0	0		0
At 31December2024	0	0		0

10 Investments

Investments
	2024		2023
	£		£
Marketvalue at 31 December 2023		0		0
Unrealised gain/{loss) on investments		0		0
Market value at 31 December 2024		0		0
Investments at cost		0		0

Page 15

Kilbarchan Parish Church

Notes forming part of the financial statements for the year ended 31 December 2024

11 Debtors

11 Debtors	11 Debtors
		2024	2023
		£	£
	Gift Aid TaxRefund Due	5,238	3,643
	Church of Scotland	0	0
	Other debtors	52	245
		5,290	3,888
			~~—~~
12	Creditm·s
		2024	2023
		£	£
	GMH Chartered Accountants	1,320	1,320
	Other	6,882	172
		~~SS~~
		8,202 ~~1~~,492 ~~LN~~

13 Analysis of Net Assets Among Fnnds

	General Designated	General Designated	Restricted	Endowment	Total
	£	£	£	£	£
Fixed Assets	0	0	0	0	0
Investments	0	0	0	0	0
Current Assets	214,889	0	15,410	0	230,299
Current Liabilities	{8,202)	0	0	0	(8,202)
	~~—____~~ ~~EEE~~
Net assets at 31 Dec 2023	206,687 ~~CoN~~	0 ~~ml~~	0 15,410 ~~SS~~	0	222,097 ~~<<~~

14 Volunteers

fo common with all congregations of the Church of Scotland thecongregation benefits from the contribution made by volunteers who give tbek time and talents willingly for tb.e benefit of the Church. Titc areas of congregational life which rely on the contribution of volunteers are ma11y and varied and much of the activity would be unable to continue were it not for the commitment shown.

Page 16

Kilbarchan Parish Church Notes forming p1ut of the financial statements for the year ended 31December 2024

15 Movements in Funds
		Balb/f	Income	Expenditure	Transfers	Bal elf
		2024				2024	2023
Restricted funds
		£					£
Fabric Fund		13,135	0	0 (13,135)	0	0	13,135
Flower Fund		2,723	656	656 (762)	0	2,617	2,723
Kil'k Session Benevolent Fund		447	732	732 (375)	(450)	354	447
Kirk.Session Hospitality Flmd		234	253	253 (236)	0	251	234
Hope Peddie Trust		1,568	81	81 0	(81)	1,568	1,568
MncLean Family Funds		0	1,011	1,011 0	(11)	1,000	0
Outreach and YouthLochw:in11och	Funds	0	8,448	8,448 (1,370)	0	7,078	0
Contact with the Elderly Fund		2,542	156	156 0	(156)	2,542	2,542
	Total	20,649	11,337	(15,878)	(698)	15,411)	20,649
Unrestricted funds
General Fund		134,924	184,896	184,896 (119,361)	2,358	202,817	134,924
Monday Club		50	10	10 0	(60)	0	50
Junior Church		883	173	173 (385)	0	671	883	883
The Guild		0	0	0	0	0	0
Tot. Club		126	778	778 (166)	(400)	338	126
Badminton Club		20	440	440 (18)	(400)	42	20
Drnma Club		880	0	0	0	880	880
Junior Choir		558	431	431 (144)	0	845	558
Messy Church		426	312	312 (292)	0	446	426
Mid Week Fellowship		251	640	640 (400)	(200)	291	251	251
Com1tryDancing		410	1,095	(548}	(600)	357	410
	Total	138,528	188,775	775 (121,314)	698	206,687	138,528	528
Endowment Funds		0	0	0	0	0	0
Totalfonds		159,177	200,112	200,112(137,192)	0	222,097	159,177	159,177

Purposes of Restricted F11nd§

The Fabric Fund iE utilised for majol' fabl'ic work on the Church, Manse & :Hall with all property titles iri name of General Trustees. Flower Fund is to provide flowers for display during services of worship.

Kirk Session Benevolent Fund is utilised for an annual outing for senior members and donations to hospices.

Kirk Session Hospitality Fund is used to assist members of the community in need.

Income from the Hope Peddie Trust is utilised to benefit the Flower Fund.

MacLean Family Fund is utilised to benefit young people.

Outreach and Youth·Lochwhmoch Fund is utilised to benefit young people in the community.

Contact with the Elderly Fund is used to provide contact between the Church and elderly members of the cormmmity.

Page 17

Kilbarchau Palish Church Notes forming part of the financial statements for the year ended 31 December 2024

16 Reconcilintion of net movement in fnnds to netcash flow from opel'atlng activities

Reconcilintion of net movement in fnnds to netcash flow	flow from opel'atlng activities	activities
	2024	2023
	£	£
Net movement in funds	62,920	16,514
Add back dep1·eciation charge	0	0
Ded11ct interest income	(6,429)	(3,766)
Deduct gains/ add back losses011investments	0	0
Increase /(decrease) in debtors	1,402	(6,846)
Deorease/(Increase) in creditors	{6,710)	694
Net cash generated byoperating activities	51,183	6,596

Collecttomi for Third Parties	2024	2023
	£	£
Christian Aid	5,888	3,461
Erskine Hospital	522
Blythswood Care
Mary's Meals	1,088	788
Water Aid	583
British Legion		332
Glasgow City Mission	213
DEC Syria		1,000
St Vincent Hospice		220
	8,294	5J801

17 Collecttomi for Third Parties

Page 18

Kilbarchan Parish Church Year Ended 31 December 2024

Appendix

Funds held on behalf of the congregation by the Church of Scotland General Trustees

	2024	2023
CAPITAL ACCOUNT	£	£
Credit Balanceat1 January 2024	157,288	157,288
Realised Investment Gain	0	0
Transfers to Kilbarchan Parish Church deposit fund ________ 0	Transfers to Kilbarchan Parish Church deposit fund ________ 0	0
Credit Balances held at 31 December at cost	157,288	157,288
Market Value of Balances at 31 December 2024	168,305	157,288
REVENUE ACCOUNT	£	£
Credit Baln11ce at 1 Januru.y 2024	5,229	1,856
Interest and Dividends	7,902	6,361
Administrative charge	(540)	(369)
Transferof building insurance	(2,555)	(2,620)
Credit Balance at 31 December 2024	10,036	5,229

Page 19