MONIKIE & NEWBIGGING AND MURROES &TEALING CHURCH OF SCOTLAND APPROVI.1 D ANNUAL REPORT AND ACCOUNTS For the Year Ended 31 December 2022 Congregation No: 291760 Charity No: SC012137
MONIKIE & NEWBIGGING AND MURROES & TEAUNG CHURCH OF SCOTLAND TRUSTEES. ANNUAL REPORT YEAR ENDED 31 DECEMBER 2022 The Trustees present the annual report and accounts for Monikie & Newbigging and Murroes & Tealing Church of Scotland for the year ended 31 December 2022. Reference and Administrative Inforn)ation Charity Name: Monikie & Newbigging and Murroes & Tealing Church of Scotland Charity Registration Number: SC012137 Congregation Reference No- 291760 Contact Address: Trustees The following served as Trustees of Monikie & Newbigging and Murroes & Tealing Church of Scotland during the year to 31 December 2022 and up to and including the date of approval of these financial statements. Bankers Royal Bank of Scotland Dundee Chief Office 3 High Street Dundee DDI 9LY
MONIKIE & NEWBIGGING AND MURROES & TEAUNG CHURCH OF SCOTLAND TRUSTEES, ANNUAL REPORT (Conyd) YEAR ENDED 310ECEMBER 2022 Structure, Governance and Managernent Governing Document The Church is administered in accordan wtth the terms of the Deed of Constttution {Unitsry Fonnl. Recruitment and Appointment 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 gifts and skills. The minister, who is a member of the Kirk Session. is elected by the congregation and indurted by Presbytery. Where the congregation 15 Wlthout a minister, an Interim Moderator of the Kirk Session is appointed by Presbytery. The Interim Moderator is also a Trustee. Organisational 5trurture The Kirk Session, which meets several times a yeai, is responsible for spiritual affairs within the church as well as finance, fabric, fund raisin& outreach and all other matters in connection with the life of the parish. 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 ordInanS 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. Services of worship are held everysunday. The Sacrament of Communion has usually been celebrated twice a year in church, plus an outdoor or barn Communion seNice in the summer (though all of these have not yet resumed following the pandemic). Children are always welcome. There are suitably qualified adults to run a programme suwted to their needs, which aims to make them feel valued and to help thern grow in their faith. For adults, the Guild and the Regnal are Christian org3nisation5 open to the wider community- Each has a programme of visiting speakers and events. including going out and about beyond the churches. Both are important in fostering friendships, which naturally lead to a support network for any member having a difficult time e.g. through illness or bereavement. The remit of the Social Group is to organise social and fundraising events for the congregation, though in prartice these are generally attended by non-members as well as members. This is seen as an important way of connecting with the wider community as much as a means ofgatheringfunds. The Kirk Session typically meets every 6 weeks (apart from in the summer}. With the minister lor Interim Moderator) thev have responsibility for financial matters. care of property. care of people Isafeguarding, data protection. pastoral care, health and safety) and keeping up-to-date with infomation, guidance and instructions from Dundee Presbytery and the General Assembly. plus any other church-related matter brought to their attention. Achievements and Perfomian Over the year our usual activities began to pick up as everyone's life began to get back to normal following the worst of the pandemic and people returned both to Sunday worship and fellowship. Sunday morning services are held alternately in Murroes and Monikie Churches and if there is a fifth Sunday in the month, the congregation worships in one of the communtty halls in the parish. There is a fair degree of continuity although there is no full-time minister in post, as there are four ministers (plus the Interim Moderator) who regularly provide pulpit supplv and in addition we now have one Accredited Worship Leader and three in training. The Choir also leads worship on occasion. A Songs of Praise service was held to thank each of our organists for their years of service. followed by tea and a homebaked celebration cake. Since July. the fifth Sunday services have taken the form of Cafe Church and this is proving popular. Chatty Church was launched in September.. heSd once a month. this is a less formal gathering for worship and friendship, both indoors and in the countryside in which we are located. The local Scouting group returned to Church to celebrate Founders, Day in February and Remembrance Sunday in November, with the children and young people being
MONIKIE & NEWBIGGING AND MURROES & TEAUNG CHURCH OF SCOTLAND TRUSTEES, ANNUAL REPORT (Convd) YEAR ENDED 31 DECEMBER 2022 artively involved in the service. This year has been marked by several innovations in worship, including drama. more lay participation and the use of Junior Praise as well as CH4. The Guild now holds all its meetings in the afternoon and has welcomed several new members. A highlight was the afternoon tea party held to celebrate the late Queen's Platinum Jubilee. The Social Group reconvened under joint leadership. The Duck Race and Aftemoon Teas. always popular with the local community, took place in the summer. The Christmas Fayre, back again in Monikie Memorial Hall, was extremely well supported by church members and local residents. This was a valuable opportunity to reconnect with people as well as a welcome boost to our funds. Not all money raised was retsined. OfferinES from the Christingle and Watchnight SeiCe5 were divided equally between the local branch of the Salvation Army and the Ukraine Appeal. As in previous years. shoeboxes were filled for the Blyth5wood Care charity which transports these Christmas gifts to Eastern Europe. See below for our Christian Aid fundraiser. In January, the Interim Moderator met individually and face to face with each member of the Kirk Session= a valuable opportunity for elders and the l.m. to get to know one another better and enabling elders to share their own thoughts on the current situation in the congregation and parish as well as on the way foTh¥ard with reference to mission planning. This was followed up by an invitation to a simple lunch in Murroes Church Hall later in the year. A recurring theme of the past year has been building relationships. both within the congregation and with the congregation of Monifieth Parish Church. With the ending of the pandemic restrictions, the Pastoral Group have been able to resume in- person visits, which are always appreciated but perhaps especially by those who do not have internet access to receive the weekly intimation sheet and monthly news sheet (though some are posted or delivered by handl. Generally people prefer to meet and to worship in person. but Zoom has proved invaluable for Sunday services and business meetings during icy weather. 2022 has been a year in which the imperatbve for change has had to be faced throughout the Church of Scotland, our own congregation being no exception. The strong emotions expressed on the day of the votes on the proposed linkage with Monifieth and sale of our two church buildings (neither vote resulted in a majority for adoption of the proposals) could not be ignored and so two meetings for the Kirk Session were arranged with Place for Hope. Those who attended found them helpful and 3 third meeting open to the congregation was arranged. but had to be cancelled due to a lack of people registering. There were also two afternoons held in a local swrts club for members of MNMT and Monifieth, not for physical exercise but to promote friendship. to worship together and to provide an opportunity for people to voice their feelings about the proposed union of the two congregations as well as to contribute ideas for the joint Local Mission Plan document which was required by Presbytery. In addition there were a few meetings of the South Angus Cluster for clergy, and clergy with congregational representatives. By the end of the year, the Kirk Sessions of MNMT and Monifieth were looking forward with poswtivity towards the union. and increasingly members of each congregation were involving themselves with the other: for instance. through worship, walks. COnrts. lunches. The first joint service was held in Monikie Church and conducted by tFie minister of Monifieth. The first joint event was a fundraiser for Christian Aid, held in Monifieth Church, with a tea room and 5ts115 selling horne bakin& cards and crafts. and Fair Trade items,. the handover of the cheque to a Christian staff member w'i- raphed for Life and Work (Church of Scotland monthly magazinel. In terms of changes in personnel. Treasurer gave early nati that he would resign from his post after presenting the 2021 Annual Report and Accounts at t e Stated Annual Meeting on 8 May. this being due to his new commitments in the Ch r.-h r from Monifieth, has taken up the post. with support from the Monifieth Treasurer. ,e become our Safeguarding Co-ordinators. No-one has felt able to take on the role of Session Clerk though lunteered to be the minute taker; this aids the smooth running of meetings as well as any work tha Iscussion. Our work continues and evolves- as a teenage member of the Church of Scotland wrote in an article in the March issue of Life and Work lour national magazine) "change equals growth and transformation, something we should be excited aboutl" ensues rom
MONIKIE & NEWBIGGING AND MURROES & TEAUNG CHURCH OF SCOTLAND TRUSTEES. ANNUAL REPORT (Conyd) YEAR ENOED 31 DECEMBER 2022 Financial Review The principal source of income consists of regular weekly or monthly donations for the Church. Regular Gift Aid donations remained stable as did tax recovered on Gift Aid. Overall, receipts from all types of donations were lower by 7% I£2.471) compared with 2021. While investment income was lower, the other beneficial source of income from fundraising / social activities was £2.547. leading to an overall reduction in income of only £439 compared with 2021. A negative on the financial position is that costs were up by 9%1£3.4131 compared to 2021. The increased costs were in part due to an overall increase in the Congregation's Ministries and Mission all(Kation. The increase in energy tariffs meant a higher Heat and Light cost which wa5 up by £2.136176%1. Fabric repairs showed an increase o* £1.694185%1 a5 the Trustees continued to maintain the churches and hall. There are no areas of financial concern, due to the resernes held by Monikie & Newbigging and Murroes & Tealing Church. Details of the various funds are shown in note 5. Reserves Policy At the year end the Church held unrestrirted cash funds of £119.25612021 £124,994), which exceeds 12 months expenditure. These reserves are high, but the Trustees are aware that funds provide a necessary buffer and are required for potential fabric maintenance and continuing outreach projects and with a potential decline in regular giving. The Church has £319,94612021 £318,847) of restricted fund5 held by The Church of Scotland. The funds are held initially for the upkeep of the two Church buildings and Church Hall. Statement of Trustees. Responsibilities The members of the Kirk session must prepare financial statements which give sufficient detail to enable an appreciation of the transactions of the Church during the financial year. The members of the Kirk Session are responsible for keeping proper accounting records which. on request, must reflect the financial position of the Church at that time. This must be done to ensure that the financial statements comply with the Charities and Trustee Investment1Scotlandl Art 2005. the Charities Accounts Iscotlandl Regulations 2006 las amended) and the Regulations Anent Congregational Finance approved by the General Assembly of the Church of Scotland in 2007. They are also responsible for safeguarding the assets of the Church and must take reasonable steps for the prevention and/or detection of fraud and other irregularities. Approved by the Trustees and signed on Their behalf. Interim Moderator Date: 13th June 2023
MONIKIE & NEWBIGGING AND MURROES & TEAUNG CHURCH OF SCOTLAND REPORT OFTHE INDEPENDENT EXAMINER YEAR ENDED 31 DECEMBER 2022 I report on the accounts of the charity for the year ended 31 December 2022 which are Set out on pages 7 to 11. Respective responslblllties of trnstees and examiner The chariWs trustees are responsible for the preparation of the account5 in accordance with the terms of the Charities and Trustee Investment (Scotlandl Act 2005 and the Charities Accounts Iscotlandl Regulations 21KJ6 las amended). The charity trustees consider that the audit requirement of Regulation 1011} Idl of the Accounts Regulations does not apply. It is mv responsibility to examine the accounts as required under sertion 4411) Ic) of the Act and to state whether particular matters have come to my attention. Basis of independent examinerf5 5taternent My examination is carried out in accordance with Regulation 11 of the Chartties Accounts Iscotlandl Regulations 2006 las amended). An examination includes a review of the accountirTrg record5 kept by the charity and 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 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 the view given by the accounts. Independent examinerfs ststement In the course of my examination, no matter has come to my attention which gives me reasonable cause to believe that in any rnaterial respect the requirements.. to keep accounting records in accordan with Section 4411) lal of the 2(5 Act and Regulation 4 of the 2(M)6 Accounts Regulations. and to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met, or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: Date..
MONIKIE & NEWBIGGING AND MURROES & TEAUNG CHURCH OF SCOTLAND RECEIPTS AND PAYMENTS ACCOUNTS YEAR ENDED 310ECEMBER 2022 Unrestricted Designated Funds Restricted Funds Total Funds Total Fund5 Funds 2022 2022 2022 2022 2021 Recei Note Donations 29,653 29,653 32.124 Legacies Grants received Bank & deposit interest Investment income 12 12 129 825 825 30,490 30.49) 33.100 Rentsl of premises Ihalll Fundraising Other receipts (L&W, SSE Storm Arwen Payment} Sale of Inve5Lment 72 72 36 2.547 2,547 408 From General Trustees Total Recei 33.109 33,109 33.544 Pa ments Costs of generating funds Charitable activities 395 38.443 38,443 35.039 Governance costs Total P ments 38.847 38,847 35,434 Excess of Receipts over Payments for the year (5,7381 15.7381 11,8901
MONIKIE & NEWBIGGING AND MURROES & TEAUNG CHURCH OF SCOTLAND STATEMENT OF BALANCES YEAR ENDED 31 DECEMBER 2022 Unrestricted Funds 2022 Designated Funds 2022 Restrirted Fund5 2022 Totsl Total 2022 2021 Note Bank & De Sit Balances Bank & deposit balances brought forward 124.994 175 327 125.496 127.386 Movernent in year". Excess of Receipts over Payments for the year {S,7381 15,7381 11,8901 Bank & deposit balances carried forward 119.256 175 327 119.758 125.496 Investments - Unrestricted Market Value at end of year (Cost £7.5331 3136 36.173 Liabilities- Unrestricted None The accounts were approved by the Kirk Session on 13th June 2023 For arLd on behalf of the Kirk Session Interim Moderator Treasurer
MONIKIE & NEW81GGING AND MURROES & TEAUNG CHURCH OF SCOTLAND NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2022 Unrestricted Funds Designated Funds Totsl Total 2022 2022 2022 2021 l Analysis of Donations WFO Scheme Inon Gift Aidl Gift Aid Donations 1,690 16,382 6.(NJ2 2,719 1,690 16,382 6.002 2,719 2,860 29,653 1,465 20,325 6,007 1,494 2,883 32,124 Tax Recovered on Gift Aid Donations Ordinary Offerings Iopen Plate) Other Offerings, Donations etc 29,653 2 Analysis of paeTrts Costs of generating fvnds Offering envelopes Fundraising costs 124 124 179 280 216 404 395 Charitable activities Ministries & Mission allocation Presbytery dues Ministerfs expenses Minister's assistant Pulpit supply Other staffing costs Fabric repair5 & maintenan Heat and light Insurance 21,674 21.674 18.423 1,410 888 122 122 2,498 443 2,400 31XJ 1.397 1.989 2,810 3,940 395 3.683 4.946 4,091 3.683 4,946 4,091 Other building costs Printin& stationery and postage Other expenses 246 246 87 981 981 779 38.443 38.443 35,039 Governance costs Independent examinerfs fees Totsl resources expended 38.847 38W7 35.434 Support costs have not been separately identified as the Trustees consider there is only one charitable activity. Therefore support costs relate wholly to that activity and have not been separatety identified.
MONIKIE & NEWBIGGING AND MURROES &TEAUNG CHURCH OF SCOTLAND NOTES TO THE ACCOUNTS (convd) YEAR ENDED 31 DECEMBER 2022 3 Trustee Remuneration and Related Party Tran10n5 During the year no trustee received reimbursement of expenses. 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 loan fund. Ministers, stipends are paid in accordan with the national stipend scale, which is related to years of service. For the year under review the minimum stipend was £28.7W and the maximum stipend lin the fifth and subsequent yearsl was £35,269. 4 Notes to the Investments Total Total COS Investors Trust Shares 2022 Z021 Growth Fund at cost 1,500 1.500 Growth Fund at cost 1.247 624 624 Income Fund at cost 5,409 7.533 7,533 Total 2022 Total 2021 18,120 7.532 10,521 36,173 Market Value at 31 Dec 2022 Growth Fund Growth Fund Shares £5.40/share £5.40/share £10.561share 16.21J) 6.734 8.902 31.836 1.247 Income Fund All investments are Unrestricted io
MONIKIE & NEWBIGGING AND MURROES & TEAUNG CHURCH OF SCOTLAND NOTES TO THE ACCOUNTS Iconyd) YEAR ENDED 31 DECEMBER 2022 5 Movements in Funds Atljan 2022 At 31 Dec 2022 Receipts Payments Transfers Unrestrirted funds General Fund The Kirby Bequest 53,612 71,382 124,994 33,034 75 33.109 138.8471 50.799 71,457 119,256 {38.8471 Designated Funds Designated Fabric Fund 175 175 175 175 Restricted Funds Wiseman Bequest 327 327 327 327 Total Funds 125A96 33.109 (38,847) 119,758 Pur oses of Desi nated Funds Fabric Fund: The Trustees have set aside funds for the Maintenan of the Church property. Pur ses of Restrirted Fund5 Wiseman Bequest- Upkeep of memorial in cemetery. Pur oses of De sit Funds Funds and income from the General Fund are to be used as is deemed netessary by the Trustees. Funds and income from the Kirkby Bequest are to be used as is deemed necessary by the Trustees. Collectlons for Third Partles 2022 2021 Blythswood Care Christian Aid 60 860 860 60 li
MONIKIE & NEWBIGGING AND MURROES & TEAUNG CHURCH OF SCOTLAND APPENDIX FUNDS HELD ON BEHALF OF THE CONGREGATION BY THE CHURCH OF scollAND GENERAL TRUSTEES YEAR ENDED 31 DECEMBER 2022 2022 2021 CAPITAL ACCOUNT 5,139 shares held at 31 December 2022 Credit Balance held at 31 December 5.268 5.268 Market Value at 31 December £1.54 per share 7,914 8,531 CAPITAL ACCOUNT On Deposit Credit Balante at 31 December 304,275 60.628 REVENUE ACCOUF Credit Balance at 31 December 7.010 6,196 TEMPORARY ACCOUNT Credit Balance at 31 December 747 243.492