Scottish Chatity Number: SCOI2425 Easter Ross Peninsula Church of Scotland Trustees, Report and Financial Statements for the year ended 31 December 2024 l+P Innes & Partners Chartered certif￿ Accwntsnts Easter Ross Peninsula Church of Scotland Contents Page Rep)rt of thc TrustCCS Re￿rt of the Inde￿ndent Examiner St•tement of Financial Activities Ststement of Financial Positii)n Notes to the Fitiancial Statements Easter Ross Peninsula Church of Scotland Report of the Trustees for the year ended 31 December 2024 Th¢ Ttu.%tees are pleased to present iheir report togeiher with the financial sratement5 of the church for Ihe year ended 31 Decern￿r 2024. Strueture, Governanee and Managemellt Unlon During the eurrent financial year a restrueturing took place via a basis of Union between the following ¢ongreg&tions (all unincoTporated Scottish Chartti¢5).' l. Tain Parish Church 2. Fearn Abbey and Nigg Church of S¢ot12nd 3. Tarbat Parish Church of Scoiland Please note Tain Parish Cliurch is the forinei. naine of Ihis ¢liariry which since the date of the Union lias be¢n known as"E&sler Ro$8 Peninsula Chuich of Scotland" The basis of Unioii ot these coiigregatinns was approved by the Office of Scortish Cliai'iry RCgu1￿]tOr IOSCR} and the Church of SLUtl¥iid Ipdi'¢i)t chariry - SCOI13531 with an effective Union (merger) date of l Januaiy 2024. As thi5 Union wu& a merger of the congregotions into one continuing congregation the Dierg¢r m¢thod of accounting was deemcd appropriate. This m¢ans the financial statements show the current and cornparariv¢ figures as if the eniiiies have been combined throughout those periods. Not¢5 1 S and 16 of the financial statcmcrtts provides fijrther detdils of the pre-mei'gei. and post-merger Stutemcnt of Financial Activities (SOFA) ¢omponenLs as well as Liie net assets of tlie date of merger which make up the combined figures detailed in ihese financial siatemenis. Re¢rultment and Appolntment ofTrustee8 M¢mb¢rs of rh¢ Kirk S¢ssion ar¢ th¢ ¢hariry tN8tees. The Kirk Session members are ihe elders of the church and are chosen from th05¢ members ot. the church who are considered to have the appropriale gifts and skills. The minister, who is a member of thc Kirk Session. is ele¢i¢d by the congrcxation and inducted by Presbytery. OTgani$4tinnal Structure Th¢ Kirk S¢ssion whiih m¢t three times this year. with other Ad Hoc mtttings as required, and is now responsible for Spiritual and temporal affairs witliin the church. Certain responsibilities &re del¢gat¢d to the Finance Committee and the Property Committee as appropriale. Objectives *nd Ac¢ivi¢ie5 The Church of Scotland is Trinitarian in doctrine. Refornied in tradition and Presbyterian in polity- It ¢X15ts 10 glorify God and lo work for ¢h¢ advancement of Cliri5t's Kingdom throughout the world. As a nationdl Church. it acknowledgcs d distinctive call and duty to bring the ordinanLes of religion to the peopl¢ in ¢v¢ry ￿riSh of Scotland t￿OUgh a teiYitori81 ministiy. It co-operates with oth¢r Churches in various ecumenical bodies in Scotland and beyond. Fellowship meetings, including refreshments and occasioyjal lunchcs, ¢ontit]ue after Sunday Services, with midweek bible study and prayer meetings, plus fomial studies e.g. Christianity explored. For the young, we have children'5 church, me55y ¢hur¢h, the holiday club in the summer break. A mother and toddlers. group on Tuesday mornings, all are welcome. and the youth group on a Tuesday evening also Op￿ to all. CD ¢vpi¢s of th¢ s¢rviL¢s ar¢ distributed to the ¢ongreg<ion unable to att¢nd. Thc formal community Services on Remembiance Sundky continlles. bring many young people and Y¢tcran5 Page I Easter Ross Peninsula Church of Scotland Report of the Trustees for the year ended 31 December 2024 Revlew of our Achievement and PerforniAn¢e In January Rev Dr Alasdair Maclcod came to be OUT locum ministCT. We held occasional Sunday aft¢rJJoon Sungs of Praise in the Tain building and weekly Tuesday Gathering in th¢ Tain churcEL hall. On Good Friday w¢ worshipped with other denominations in the Tain Rose Garden. and at an evening seryice in the Fearn mission hall. Ai Harvesi Thanksgiving the s¢rYice wa5 attcnded by all tl]ree congregalion5. We make w¢¢kly delivcries of the Tain donations to the Highland Food Bank. Augmented by Harvest donations from Fearn and Portmahomack. FlnaDd&l Revlew Thc principal source of incom¢ is of course regular offerings, and Gift day, plus the recover&bl¢ tax on gift 8id donations. 2024 Gift aid donations 8nd oi'dinary offerings £29,45912023.. £56,256) a reduclion of ¢irca 48•/.. Gift Day. £4.200 12023.. £3,362) an increase of £838. Tax recovery £6,807 12023.. £17,039). The final gifi aid claim 01. £2,?57 wa8 pdid in March 2025 and is included in a$8eis. Their are 30 persoiis signed up for Gift Aid. The StateTnenr of Financial A¢civi¢ies on page 5 reflects net outgoing resour¢es of £S2,97112023'. net incoming £63,749). Rlsk M)Inagement Th¢ Tw51¢es have assessed the major risks to whicli the chariry is cxp04ed on an ongoing basi5 and have established procedures to mitigY4te those that are identified as a result of these reviews. Re$¢rv¢$ Poll¢y Ir is thepolicy of the church io maintain unrestricted fijnds at a level equating to ￿proximAteLY 6 months unr¢striCicd cxpenditure. The allows sutricieni ￿ndS to enable the ongoing work of the ¢hurch io be maintained. The General Fund vn p4gc 12 at 31 DcccTT]kr 2024 amounted to £61,022 {2023.. £129,960). Reserves held at 31 Dttember 2024 ure below the recommended level 4nd the trnsttts are working 10 in¢r¢as¢ Ih¢m. Total unrestricted. re.stricted and endowment hnds amounied to £471,493 (2023.. £524.464). Reference xnd AdmlnlstrAtlve InlormxtloD These trustecs notcd below wcre members of rhe Kirk Sessions of Tain Parish Church, Fearn Abbey and Ni88 Church of Scoiland and Tarbat Parish ChuTch of Scotland bcfore the Union and bccame Trustees of Ea5tCT Ross P¢nin5ula Church of Scotland ad the date of Union. TruJlees.' B Brine {Suspended January 2024) AF Brass, D Brass. JM Reid. A Rhind {Deceased April 2024) AD Gordon J Maxwell SJ Nicol RS Mackenzie T Mackenzie KC Ma¢k¢nzie S Jack50n (Resigned Ociober 2024) Page 2 aster Ross Peninsula Church of Scotland Report of the Trustees for the year ended 31 December 2024 Reference and Administrative Informltlon (condnued) Principal office bearers.. Minister.. Locum minister Rcv Dr Alasdair Macleod Scssion Clerk-. JM Reid Session Clerk= J Maxwell Session Clerk- D Gordon Church Treasurer.. S Nicol Gift aid Convener.. CA Grove Address.. Queen Sir¢¢t. T8in. IVI 9 IAY Ckarity Number,. SC012425 Inde￿Ild*￿t EYdminer.- Jonathan N Iniies FCCA. Jnnes & Partncrs Limited, 9 Ardross S(r¢¢t. Inverness, IV3 5NN Bartkers.. Bank of Scotland, Tow¢r Street, Tain, IVI 9 1 DY Trnjtees? Re$pon$lbllltle8 In relAdon to the FI￿ancIal Statementg The members of the kn'rk Sebsiort niust prepare fLnancial statements which giv¢ suffieient 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 rcflecl the financi81 position of the Church at that Lime. This must be done lo ensure IhaL the financial statements comply with the Charitics and TtUsie¢ Inv¢simeni (Scoiland) Act 21K15. the Charities Accounts (Scotland) Regulation5 2006 (as amended). They ar¢ also responsible for safeguarding the assets of the Chur¢h and must take reasonable steps for the prcvcntion andlor d¢t¢¢tion of fraud and other irregulariti&s. Approved by the t￿￿te¢S on 26 January 2026 and si ed on tlieir be John Reid Session Clerk Jameg Maxwell Session Clerk Dougl48 Gordon Session Clerk Page 3 Easter Ross Peninsula Church of Scotland Report of the Independenl Examiner for the year ended 31 December 2024 I report on the accounts of the church for the year ended 31 December 2024 whi¢h are set out on pa¥es 5tol5. Respective respoTh8ibilitieJ oftrustees and examiner The charity's trustees arc responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment Iscotland) Act 2005 and the Charities Accounts (Scotland) Rcgulations 2006 (as amended). The charity trustee5 COT]sid¢r that th¢ audit requirement of Rcgulation l 01 l ) {a) to Ic) of the Accounts RegulAtlOll5 does not opply. It is my rcsponsibility to examine the accounts as required under section 4411) (c) of the Act and to state whether parti¢ular matters have come to Iny attention. Bos1$ of Independent ¢xamlner'$ st&tem¢nt My examination is carried out in ￿CordanCe will) Regulation I l of the Accounrs IS¢oilandl Regulations 2006 amend¢dl. An exaTninaiion includes a review of tlie accounting records kept by the charity and a ¢omparison of th¢ a¢couiits pr¢s¢nt¢d with thos¢ records. It also includes conbid¢raiion of any unu.sual items or disclosurcs in thc accounls, and sccks cxplanations from thc Irusiees concerning such m81t¢r5. Th¢ proc¢durc5 underlakcn do nol providc 811 Ilie ¢viden¢¢ iliat would be required in an audit, and consequently I do not express an audit opinion on the view Siven by the accounts. Independent Examlners, Sl*lement In the course of my examination, no matter hBs come to my attention which givcs me reasonable cause lo believe thai in any material respect the requirements: to keep accountlll8 record5 in 8ccorddi)CC With Section 44{1) (al of the 2005 A¢t ond Regulation 4 of ihc 2W6 Accounts Rcgulations {a5 amended). and to prepare accounts whi¢h accord with the accounting records and comply with Regul&tiOD 8 of the 2006 Accounts Rcgulations las amended) have n(Trt bttn met, or 2. 10 which, in my opinion, attention should be dTawn in order to enable a proper undersianding of the accounts to bc rcached. Jonathan N Innes FCCA Mirmogirtg Dii*tior Innes & Partner5 Limited Chartered Certified Accountants 9 Ardross Str¢¢t Inveme55 IV3 5NN anuary 2026 l+P Innes & Partners Chartered Certified Acc(wlanls Pag¢ 4 Easter Ross Peninsula of Seotland Statement of Financial Activities for the yeydr ended 31 December 2024 Restgted (nol¢ 181 Cornbincd Total Funds 2[123 Comblned Rt5trftted Endowm¢nt Total Funds F￿ndS Funds 2024 Note Unrutritted Funds Designat Fund5 In¢omt Don&ritsn$ and Legacies Other Trading Aciivities Invcstments 82,730 6.217 1.954 90,9111 .061 83.791 6,650 7,134 97.575 155.755 8,524 16,735 181.D14 433 2.623 3.684 2.557 1.557 Tot*1 Income 433 Expendltwre Xaising Funds Charirable Activities T•t*l Expemdlture 423 130,241 159,839 347 160,186 160 186 347 Net IncTrmel{expendlturc) before ¥alnsl{lus$ts) on Invejtmenl TrinsftTS between fwndJ 168.9381 433 3.337 2,557 162,6111 50.350 {68.9381 433 3.337 2.557 50,350 Galni on Investment *sietJ 6,441 6.874 3.199 5.756 9.6410 152,971) 13 J99 63,749 Net MovethoTrt fn 168.9381 3.337 Retontlllatloh •f Funds Totwl FuDd$ Brollght Fonvard Total Fundj Carrled Forw*rd 129.960 72.1172 248.673 73,759 524.464 460,715 I2￿ ￿946 252010 471493 The abovc aT¢ ¢Otnbitsed riB￿r¢s. for boih Ihe cutTeni and comparuiive period, which Show the a88re¥ated results of the urtiied con8wg&¢ions I￿rther dethils of the basis of Union durin¥ the year can be found in Ihc Trust￿ Rwrt). Page 5 Easter Ross Peninsula Church of Scotland Statement of Financial Position at 31 December 2024 RES¢•ted Ino1¢ 18) Comblned Total Fund$ 2023 Combined Restrleted EndovThcTht Total Fund5 Fund5 Funds 2024 Note Uhréitrleted Funds DeslgTrated Funds Flxed A5$et5 Investments 44,816 44,816 116,007 116.007 106,367 106J67 TDtal Flyed Asset5 71.191 Current Assets Debrors Ca$h at BaDk and in Hwnd 2,258 66,660 68,9)8 2.258 361,124 363 J82 9.652 412,122 411.774 7,755 7.755 252,010 252,010 34.699 34.699 Tot•1 CUr￿￿t A$seLI Creditor5 fslliN8 duc within on¢ ycor Ntt Current A$8¢tsllLl*bIlltl¢$l io 7,896 355,486 7.677 418,OY7 61,1122 7,755 Z52.1110 34.699 Tol41 AJaet$ lesi Current Ll4bllltlt$ 61,022 78,946 252,010 79.515 471.493 524,464 Net Asseti li 61,022 252 010 79,515 471,493 524 464 The Funds of the Chirlty Endowrnent Funds Rcskncted Funds Desi8naled Funds Unrestricted Funds 79,515 79.515 252,01 D 78,946 61.022 471493 73,759 248,673 72,072 129,960 524.464 252.010 78.946 61.022 Total Ch*rlty Fundj 12 252 0111 The above ￿¢ ¢ombined fjgures, for boih the currtni and comparative period which show the 888re8aied results of th¢ urtiied coii¥rcgalions. Th¢ note5 ai pa¥eE 7 10 15 fornJ p8rt ol'di¢s¢ ￿loUntS Approvd by Il* ¢rusie¢$ 0# 26 J 2026 uii Ilieir bchalf by.. John ¢ld Se5$1•n Clerk James Maiwell Se$slon Clerk Dougl4J Gordon SesJlon Clerk Pag¢ 6 Easter Ross Peninsula Church of Scotland Notes to the Financial Statements lor the year ended 31 December 2024 l. Accounting Policies Ba.fl.Y n )uiwlioii aiidA.fs¢J.Yspll¥iil Gniii Conc'eni Thc charity constitutes a public bcncfit cntity 8s dElined by FRS 102. The financial slalemcnts have been prepared in accordance with Accounting and Reporting by Charities.. Statement of RecomTnended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Rcpublic of Ireland i.5sued in October 2019. Ihc FinJn¢iJl Reporting Siandard applieable in the United Kingdom and Republic of Ircland {FRS 102}. the Charities and Trustee Investment IS¢otland) Act 2005, the Charities A¢counts Iscotland) Regulations 2006 las amended). and UK Generally Accepled A¢counting Practice. The financial statements are prep￿red on a going ¢onc¢rn by5is under the historical Cost convention, witli it¢In5 1'¢oognis¢d ar ¢ost or transaciion value unless other stated in the relevani note to iliese accounts. The finaiicial stalemeii15 arc p1¢5¢111cd iii sl¢rlin8 which is the functional currency of the harity aiid rounded to ihe iieaiest £. The charity meets the definition of Y4 public benefiL enuty under FRS 102. Merger a¢¢ounting has b¢¢n applied io Fcarn Abbey and Nigg Church of Scotlynd and TaTbat Parish Churcli of ScotI4￿d which were Unir¢d into Easter Ross Peninsula Church of Scotland. The basis ofunion of these congregation5 wa5 approved by Llie Office ofscoit15h Cliarity Regulator IOSCR) and rhc Church of Scotland (parent charity - SCOI 1353) with an effective Union {merger) date of l January 2024. As ihis Union was a merger ofthe Longre¥ations intu onc continuing con8regation the merger method of a¢counlin&¥ Wllb deemed appropriate. This means the financial statements show thc current and comparative figurcs as if tlic entilics have bttn combincd. The accounting policies of both Fearn Abbcy and Nigg Church of Scotland and Tarbai Parish Church of Scotland w¢r¢ previously aligned and consequently there has been no need to modify any existing accouniing policies in consolidalinbT Ihc United congregation, othei than restatin8 from receipts and payment% basis as appropriate. Unrestricted fi￿dS can be u8ed for any purpose which meets the objectives of the Church. Within this caiegory the Trnstees may designate funds lor specific putyoses and these are highligliied in th¢ fin4nci41 slal¢m¢n15 46 D¢5lltnql¢d FunQ5. Restricted funds are those which ean be disbursed only for Purposes set by the donor or the tenns of tlie appeal und¢r which they were rais¢(L Endowment fund5 are funds which have been given on th¢ condition that the original cJpital sutn is not reduced, but the income is used for the purpose defined in accordance wilh the objects of the charity. iconie Rec All voluntary income and bank inferest is accounted for on an ac¢rnAis basis which pra¢ti¢ally means when received. Income tax recoveri&s on Gift Aid are accounted for on an accnjals basis. Gra￿ts which air not conditional on the delivery of a specific perforniance by the charity, are recognised when the charity becomes unconditionally entitled its th¢ grant. Page 7 Easter Ross Peninsula Church of Scotland Notes to the Financial Statements for the year ended 31 December 2024 Aceountlng Pollcles (cohtlnued) ¥ndiluie REca iiitF017 Expenditure is r¢¢ogni&¢d on an ac¢rnals basis when a liability 18 incurred. and ilors r Ibl tti. DcbtOTS and creditors reccivablc or payablc withiii one year are recorded at transa¢¢ion price. Cliarilublv Aclivifies Charitable expenditure cornprises grants Inade. governance costs and support costs as shown in the FuedA.F.sei InvE.Tfmenls Fixed asset irtvestm¢nls are siatcd ai marker value at the balance sheet date. Unrealised gains and losses represent thc differcnLc bctwcen tliL mai'kel valiic &1 lh¢ b¢gini)ing and end of the fillan¢ial year oi., if PLU'ch#sed in the year. the difterence benveen c05t and market value at the end of the year. Reali,%ed 8Ains and losses represent the difference between the proc¢ed5 ou dispo￿1 and the market value at the slart of thc year or c051 if purcha5¢d in th¢ year. 2. Relgted Party Tran8gctlon8 And Tru5tee5' Expenses and Remuneratlon Thc trustees did noi r¢¢eiv¢ any remuneration or expenses for their services in the y¢ar (2023.. £nil). in their capaciry as Trustees. Pag¢ 8 aster ROM Peninsula Chur¢h of S¢odand I¥￿e9 to the FIDantlal Statements for the year ended 31 D¢c¢rnber 2024 kE¥ixtnd mblwEd T•l*l 3. $14iiIDtH¢ofFlniTrdai f•r L*tyr•relldEd31 DeceTrber2Q23 NotE DulEth•tEd Restrlcted EAdowmint F¥N 2023 Lcyrics otherTf4￿lttK Acfftwlics 15425$ 7.965 559 1.524 3.926 lknjsing Funds L)Larilable AcliviliE 42) 94.n97 423 IJOJ41 130.664 11.890 49$ 33.8YO 1.759 Ntf hEDmEUEYPtnrfltyr¢lb¢fw OTr INvW￿l11IS IZ8.4fA) 5D.3S0 TriniThri bt¢FIEeTh fu# 55.J54 1154th081 144,$72 6.968 50.)50 Ntl MovEm¢fil In Funds 1.6R7 9.098 é3.749 Att￿[11*￿￿Dn dFun Tw*1 F¥Trds Brouxhr Favwlrd Tolil C*rrf*d Forffird 7.J¥5 148.67J 914A64 RLryt¥l( Cofftliln 4. Don*￿0￿1•411 Lry*¢l ComblAid kntrtc*d Fu•di Fu•di 14 2023 IA Ik1 Donitions TixRcLxWcicd Oifi old 0￿In*ryOff0￿n¥￿1op￿Pl1lCI N&lioMI Oift Dlly leg￿1(￿4￿¢AL% OdirrOffcrirty.TJon411M¥ ¢t¢ 10185 6.807 39,935 6.807 J.3fi2 08.obj 11,960 JJ,J04 11.96Q 155,7 Don•11D￿ UnreilTIEied Dullhqi Funds Rul￿tted E•d•*&￿t TOMI F•Tr 39,935 17,039 39,935 Ta7 RcrOV¢Tc4¢n lid DO￿￿￿TIO OrdIn￿oITCIlIv (OP￿ Pl•lr) N411onJl Gift Dlly 3,361 htroffthw Doniiion•¢t¢ IJS755 Rtttit tomb5Dtd T¥i*l Fup 2011 OlherTr*dTn8 A¢tlwM CDN4Jkn L'ArtstFl¢￿d Funth 2•U (khErin¢omE- D￿l¥￿al¢dFUn Ren￿1 olPremi Life & Work p￿>￿en1¥ RE1￿ul￿d Pulpil Supply WeddinBs & Fun¢rnls 1JkttRef￿nd]n¢Orne 43J 433 425 410 559 35 425 420 559 4.IfM) 2.E46 2.650 2.722 2.650 2,722 Page 9 Epster Ross Penlngula Church nf S¢￿tI￿nd Note5 10 the Fln4ntlil Sixtements for ihe Ye￿ ended 31 Dettmbtt 1024 Rt￿t￿tEd ComblTrEd EThdDTMn￿I Ta(¥lFu•d & Uth¢r Trad￿K￿r￿￿otilcoNti￿ue￿￿-cD￿P￿￿al1¥ UThrL¥lric(th4 FuRd5 Ikrfgn8 FiThds 2ts23 herinr(ffle-Desi￿￿ed Fund Rthwl ofPttmi$es rc& Work R¢*m￿JE$ed Pulpirsupply W¢thJillXS& Funcrn15 LhhErR¢fund Incom 55Y 559 350 280 389 4.1(M) 2.X46 350 280 389 4,100 2,k46 7.965 ComW•Ed T•t91 UhrE%trftted ￿t￿lt*d T&iAI Fyn4 F*Trds Funds 202J rwKTiitErEI¢ ve&triienl 4.784 ryJ50 745 1,1fi4 7.134 Resi*ttd Comblntd T￿￿7 F￿n￿l 2013 16.7JS Unmtrlcf FMTrds De*l4n*i F￿Nd1 F*tsd tkpcsi¢ kniertii Inv¢$imenl Income 502 ,47 2.?17 RL*t*¢ c￿b1￿ca R8Mrf¢led Ehth)wmt#¢ Ttsr41 Fun41 1024 D•ilinithd Fundb 747fil i•iJ Fu* Oll¢rinocn¥elopE 42) C&irlt•bleEw•diMre fjIVirt¥ iofJFW AII(*4uoA Pr(￿b￿c￿￿u￿'5 29.J?J 2J 1.62 ?9.5?3 lJ6J 54$ 4,71 4.760 F￿bri¢TePJ11￿& mllin[en￿* oiliw bu11¢JiK¥rO￿* Council TLK 13.671 9.421 207 10.802 9.421 207 12.949 8.812 Clc4ntT Chuity¢k)Mtio Ch￿￿th01r&t¢￿Cn0N 1.09J 347 1.44Q 304 JIJ 657 OihETLwnsti- & WwklSuyplieJ hei L¢￿ryT[￿n￿￿Thed Odicr¢xpcn&ci- DtsiythlrAI lfidwenthniEx&minail( 378 J?1 .956 77.956 495 1544 7.324 7J24 347 Totil 151 317 13•.604 P4c l• Kasier Ross Penlnsula Church of Seorland Noteg to tbt FRn4n¢iAI Stalemenis for Ihe ytar tndtd 31 Det¢mbtr 2024 UnrE5trfdwl Funds Rmirftttd tndowm¢Thi Tot￿ Fvnd5 F¥nO5 otr¢Nn8 EDv¢lwes 423 413 423 Cb•rfjtxts￿ E%ptTrd4¥r• Vjns ￿￿[Y￿All￿al]U Pr(5b￿ryd￿ Minisl¢r'JtxpeTrst¥ 26.378 33.890 60.468 545 545 Mini$ry& MiJNDnalloc*ion Pulpil Supply rcp41￿&￿1int￿nIl7c Olhrrb￿11dlfi1￿ts Co￿Li1 T H¢DI& 13fv72 12,¥4¥ 7.786 7,7¥6 Chirity thurw'h Dlllc¢exr￿n%p P14 Qilirrcxpense%. Lits & W0￿1$￿1￿11¢1 OdiertxpEniEI Ollier cxp-ntsEI- Dc5illnitcd TnJS¢Fund irnnjlèr Jn4 J2$ 657 2.241 A57 4.wo 495 49$ 2.544 2.544 495 T￿1 JJ.I s￿￿9￿ coji liive not bEtn ideThlilied wiiet¥ Lunsidei Ihlll Ilierm li only OThE chonlable 4ctivity. fii¢refuYt iuppon trl1trwho1lywth￿ irliVirythdh¥V¢ i¢PWui¢lyid¢niifi¢d. 1014 2•13 Mirkct ￿1￿< o¥ Li 114nLWry Z024 Additi¢nJ rJixpuuk¥ in invtttsncilL% M&thrt Viluc45 It JI Drttrtht2014 IOSJ07 loo, 122J471 C￿4 oflnveitmtsili I￿1￿ Th¢follo*ln¥iA%*MmthU•rn htk1'. Groyrth Fund Income Fund CortsDlid•i¢dF4bri4 Fund M&G Ch4rifvnd 19,635 8.784 9.42J lofj 167 Incwed iii Invr*lThen15wU£IIO,￿7, ofthirh £nll12D2J..£nillwu8e￿xl,£7l,l9ll2023.. £04,750)w￿&&1￿￿d ￿￿£44,¥10(2023.. £4I,6171 WAE RHi*l •. ulDcbthrd Tatil Rebtrfr￿d Fun 2024 202J QihErdeblotJ 2,258 2.258 9.652 I￿ An•ly%lb ol InT•lDthn It<1(rf¢4. ThE rtrMined ih the butu Wtitct¢d.￿d will b¢vstdto Cfirirttiun lilLYi1￿rE. In Ihcmlldcm World. FIiiMI- Tlii% find ￿ldctU mainllin Ih¢thtsan. dr&￿ d¢wD In 7021 And 2014 Illi% Puryy F￿)11¢ Th￿< begU¢5ts lu b¢us¢dal 1h¢d￿￿t￿nOrth￿ fiji MaiiilrniiiLe4nd rrp•irdthe buildin¥ Pmpvrty TlieTYuir¢¢i ￿ndS torthe mi1n1Ln￿l￿ cfihcChur£h Prowy PowFiiiid-'Thc Grnriil'fru%lcC5 iIChu￿h0fSC￿knn1 121 h(44 Mis¢d iohelp thu￿ in th vi118Be who we in nEed. CoAWWiit>KdlPwrposesFynd- The5E b￿ut￿LI￿￿ dESI￿al¢d. al Ihcd15fiL*iun ofih¢ ItUSlc¢S, r￿￿￿r[SI4¢11iVrtU. irytuvemtnii Repatm FuArt¢FearnAObeyl-R¢pRscnts hcld bychu￿h of5¢atl4nd Rtser4YrKDWTr14rtdoth¢rrNtrKtcd fvndi BiPildi￿¥￿1￿d. REwcs¢nts fwthhcld rcliling lo th¢consol￿111￿ll Fibric Fupd foi IlicS&lc ulFromM4nlr. tyPiC411yTrtinn8idlrtlthx dlt¢rEoMmUniun Incudes donalions. th￿C oiheiwvAI doM¢ions rcnmin in theEcneyal UCDUnL hi11￿C￿lYWl1(b1 4nd¢ther¢b￿11¢& r(p￿seNtA Inc￿￿¢1¢£¢1¥￿d furiheabiE¢UoftheChurch withouifurttrKrJprcifivJp￿￿Ca￿d iwlilibk U¥¢J￿1 fiui DI51￿￿¢10.. luii,￿l Fiiiid- Fina￿￿ byduNIiun5.Ptovides fluwetsfot lh¢ P4nSh. GprIl￿Fill￿I- rnOintAintdbyihe GUI￿ rnembtrs. Ihcir finlllhlAnce was dunilcd ID RmMhir¢Guild. L'hilthyii's ChiirchFiiiid- Finanrd bydMJljDn5, ￿d¢v[le￿ILDns dio¥e aiieKdinB Ilie ThUllya¢OYiii¢4 hiWefiiAyetset¥side fiLnd6 furU5tby the 5llTthySikuvl Fabric FiiiO- ThtTrn&ire& hthvÈselu&idL' funds IhL rnAinlLThIftLC ofthoChuiLB &Crefm lo follovrinichthiiNwhi(h cornbincdon l J*Trullry2024 Chxriry A Fcurn Abbcy& Ni65Chuiih ufsrwlind Ch4rityB Tathi Panth Lhurch or's£￿Ill￿d Chariiyf Tuin P￿14￿ (￿1£h vf Scuilund Ch•wlty A" lit v￿0￿ Ch•TIty Bth Cb•wtyC" Netame 29.981 163.OJ4 R(v￿ge￿i¢d by. UnrcSfriclLyI fun Dosi¥nthlod fun Ru¢nei¢d 29.336 03,806 4.039 45.341 49.207 129,9é0 ,072 24fi.671 73,759 IZ4 64J 331 429 Thr Kfoljnling pvliiiu of Fr4tn Ably & NIRK P￿nth ChurLh vf SLUtI￿￿ und Tllrb41 Piii5h Chllrrh Df SEutl¥nd W¢tr pithryW51y #li￿¢4 nd ￿￿￿eqUentlY IIL4 bten no nEed lo rndity &yIRlih8 thCWUrtliM8 policie& In c￿l0[1datini tlie United C￿lTe￿il￿, other Ih rutslLn¥fium rtc¢ipts bk51èvf￿YuU￿li￿¥ Iu ￿app[GPi1ll￿ Inul¢ 171. Tatht P4ns11 aiutrh olscrrtland used ￿Et￿pL%￿d rA￿nIS ba%is forprewThnB lI￿lf financi￿ 2tatemEnup￿￿￿lY￿ *hEndtd rur the weviuus ￿%￿untIn￿ PeThI￿1. The nwLn 4dju6trtwil rtwirtd w¥ sn r¢l•¢iun w in¥lD*iun uf wy4JUnt5 44inul whKh ImDun￿d £090 ￿ju¥lrtlert¢ in ih¢c¢mp814ilv4 yoar. Eayltr Ross Peninsula Church of Scotland Notey to the Flllancial Statement5 fur the ye*r ended JI Décémbtr 2024 C•*Wr U￿￿¢5￿&¢t1d D￿￿￿11# Fu•th Nok F￿￿￿5 Fuhd IlolinLe45 Q¢ JI t*¢¢inbw 2D?JlJsprevi¢uslysT•i¢di Rrmtiwdl ofirttstrrc( dcbujr JncDnitr Includcd ID dcbto lllcomEntsl pr¢viou&lyincluthd lil￿¢[u&l$ Expenses inc1uda in othErcredil 391.004 116.7031 9.652 7J22 73,759 533,635 11(1031 1.087 {6961 IA 390 13WI 13901 ofre4WKled fijnds Re&ll￿tIl￿1￿f￿eliWu￿ h]nd& 173M36 164.7501 113,OD)I 04.75D I31￿0 TThfiiferwted incoyne &rApens T￿￿1SfcTIre￿1t￿lA& intomt & RovoTh*l ofintomt REvErylll ¢*finLtsme 15.9501 5.950 5.950 72￿71 14¥.073 73.759 $14.4$5 Thttic £16.7D3 ivl1u￿d u 4 w1￿1n# iy ￿ Ir#n*frr w Ihe uiiion in rh¢ piiljl the pr ¢nd¢d )1 D￿eMbEr 2Q23. hDwcvcr ihix thould not hivc beY4r I￿￿11ment Wiilidrnwals of£17.187duE lodira￿ou￿ts rthy bEen prEporrd an Thii been rEVttxd llpinJl inLym¢ #n¢Jop¢riTh4 r¢*rV