REGIERED CHARITY NUMBER: SC012611 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENrs FOR THE YEAR ENDED 30 SEPTEMBER 2024 FOR NINIANS CHURCH.TR(M)N Roben J Hart & Company Charfered Accountants Arran House 15D Skye ii(Ad Prestwick Ayrshire KA9 2TA
ST NINIANS CHURCH,TROON CONTENTS OF THE FINANCIAL STATEMEMS FOR THE YEAR ENDED 30 SEIryEMBER 2024 P4ge Report of the Trwtees Independent Examine$ Rep)rt Statement OC Finatheial Adivitses BAlaTrc¢ Sheet No¢¢5 to the Finxnel81 Statements 7 to 16 Detsiled StatemeDt of Fin*D¢ial A¢livities 17 to 18
ST NINIANS CHURCH,TR(K)N REPORT OF THE TRUSTEES FDR THE YEAR ETrqDED 311 SEpfEMBER 2024 The trusi¢es pr¢s¢nt their rewt with the financial slaiements of the charity for the year ended 30 W¢mber 2024. The trustee5 have adopted the provisions of Accounting and RertIng by Char[li.. Stst¢m¢nt of RQmMended Practice applicable to ctwities preparing their a¢¢ounts in accordance with the Financial Reporting Standard applicabl¢ in the UK and Republi£ of Ireland (FRS 102) (effective l January 2019). OWECTIVES AND A1VITI$ Objectives and aim5 To promote the worship of Alrnighty GIML io proc]aim the Gospel of his love in his Son Jesus Christ and io encourdge the deepening of Christian Discipleship. To build community both within its membership and in the district Surrounding the Church. To equip its members with the tools nece&wy to give effe¢tive witn¢55 to their faith. To provide an ¢nvironm¢nt that is safe, welcoming and conducive to Wdyer. refl¢dion and so¢ial adivity. To nurture. educate and develop children, young pecole and adults in their understsndin8 of the Bible, Christian Spirituality and the opportunities and challenges of being a Christian in a secular society. To encourage social reswjnsibilty and Sid] action I]ly. nationally and internationally. To provide pastoral care for its members and their fwnili¢5. To work ecumenicalty. To maintain, enhance and develop our [thysi1 resources as a springboard for mission and s¢rvi¢e. To make music and develop wi)r5hip that 15 inspirin& engaging and accessible to all. To promote Stewardship and Fun&raising as a means of enabling Mi$ston. Sig•ifK4nt *c¢ivities The worship of the church w&s held in accoTdan¢¢ with the guideline5 offered by the Scottish Episcopal Chureh. Over the iast year we have continued to sUprt charitsble caus through the Bishop's Lent Appeal. the E&sier Offering. the support of River Garden and Wat¢r Aid and have promoted wise stewardship of our resour¢¢s. The church has gun to look outwards in mission with the C(mUnIty Garden. Sw and Son& and decÉding to host marriages for any two pers($ legally free io maTry. In our desire to join God in mission we give ihank5 for his blessing and activity amongm us. FINANCIAL REVIEW FlttaDei81 positio Total income at £130.696 is 36Y• highttthan the w¢vious financial year. This inc¥ease is largety as a Yesult of receiving o legacy payments. one of £20.0(KJ and another of £3,[. All invesknents are placed with the Scottish Episwl Church Unit Tn Pool following Diocesan advice. The total revaluation profit on investments during the financial year was £40.992. No units were sold in the year t(Tr 30 September 2024. In addition ¢0 ihis, investment inc(Kne of £8.842 was 4% higher than the prior year. Total expendirure at £116,790 is slightly low¢r than the previous financial year. In the financial year ended 30 September 2024, while there was a significant increase in utility bills due to the end of a red price deal, there was decrease in the level 5peni on general repairs and maintenance. R¢ser¥¢s Policy The trusiees. reserves policy is to maintain reserv so that cash and investmeni income is suffickent to meet three months nornial operating wst5. Curr¢nl re5¢rves are more than sufficieni th med nornial ongoittg opeIng costs. Page I
ST NINIANS CHURCH.TR(M)N REPORT OF THE TRUSTEES FOR THE YEAR ENDED 311 SEPTEMBER 2024 FUTURE PLANS Sorne necessary repair WOTk ha5 been undaukenon the church and hall buildings. and som¢ reeommend¢d quinqueThni inspection and other work on the rectory. The T¢mended repair work and necessary repairs following the quinquenni insECtion of th¢ chuTch and hall buildings and the rectory will be resumed in 2025. STRucfuRE, GOVERNANCE AND MANAGEMENT GoverThing doeument The charity is controlled by its governing d(Kumen4 a d¢¢d of trust and constitutes an unincorporated charity. The Church of St Ninian. Troon is a congregaiion of the Scottish Episcopal Church in full communion with the Anglican Church ihroughotsi the world and is an unincorporated wociation. The superior authoriry is the Bishop of Gl&8gow and Galloway. The Constitution of the Church was re-written refle OSCR Guidance and 4)proval by th¢ ¢ODgregation was obtained at the AGM in December 2010. The Trustees of the heritable prom are the Bishop. the Dean. the Syrt(yJ Clerk and thc RegLStrar of the Diottse. The registercd charity "St Ninian'5 Episcopal Church.. Troon- (SC012611) is managed by the Tntsttts who are the con51itutionally elected Vesty of the church wilh appointed officers of Rector. Secretary and Tre&5ur¢r. The present Trusiees aTe sel oul OD page l of the financial ststements. Reeruitment alld 8ppolntment of new trustffs Veslry m¢mb¢r5 are elecied annually at the Annual General Meeting. sttve for three years and can be r¢-el¢¢led after one year. The Vesty is grareful for the time freely givcll by a significant number of volunteers, without whom many of the adivitics would not fundion. Risk mathgtment The rnajor risk5 to which the charity is exposed have been reviewed and $yeMS have been established to mitigate those risks. The charity has continued io develop health and safety and fire risk &sses5rnents for our premises and activiiies. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charlty number SC012611 Trustee Page 2
FOR THE YEAR ENDED 30 SEPTEMBER 2024 Kobtrt J Hart &. C.'ompally 15D Skye Road Prmick Ajnhire KA9 2TA )Vid b o'.dur ot tFe b(yard LTrl MJblV s (TrTI I I)¢'.- its beldfby..
INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES OF ST NJNIANS CHURCH.TROON I rert on the accounts for the year ended 30 September 2024 set out on ¢$ five to sixteen. Respeetlve responsibili¢ie5 of trustees and euminer The charity's mjstees are responsible for the prepardtion of the accounts in accordance with the terms of th¢ Charities and Tnjstee Invesimeni (Scoiland) Ad 23 and the Chariiies Accounts (Scotland) Regulations 2006 (as amended). Th¢ charity's lrystees consider that the audit requirement of Regulation 10(IMal to (c) of the Accounts Regulations does not apply. It is my responsibility to examinc the accounts a5 required under Section 44(IX¢) of the Act and to stat¢ wheiher particular matteT5 have come to my attention. Basis of the independent ex#miDer'5 reiMIrt My exatnination caled out in accordance with Re8ula(i(m I l of the Charities A¢¢ounts (Scoiland) Ke8ulations 2006. An ¢xaminalion includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those record%. li alw inrlude5 COD5iderdtion of any unusual itrms or disclosures in the accounts, and seeking explanations frorn you trusitts concerning any such mattrts. The PredUreS undertaken do not provide all the evidence ihat would be required in an audii, and consequently I do not express an audit opinion on th¢ view given by the accounts. Independent examiller's sttement In con10 with my examination. no matter has come to my attention . (l) which gives me reasonable cause to believe thaL in any maieTial respec4 the requirements lo keep accounting records in accordattce with Secti¢)n 44(IMa) of the 2(X15 Act and Regulaiion 4 of the 2006 Accounts Regulions,' and to prepare a¢¢ounls which accord with the accouniitig r¢¢ords and to comply with Regulation 8 of the 2006 Accounts Regulations have not be¢ll m¢L or (2) to which. in my opinion, attention thould be drawn in order io enable a propff und¢r5tanding of the accounts to be reached. The Institute of Charter¢d A¢¢ountants of Scoiland Robert J Hart & Company Chartered Accountants ATfdn House 15D Skye Road Prestwick Ayrshire KA9 2TA l December 2024 Page 4
ST NINIANS CHURCILTROON STATEMENT OF FINAI¥CIAL AlY[rIEs FOR THE YEAR ENDED 30 SEPTEMBER 2024 30.9.24 Total fund5 30.9.23 Total funds Unrestricted Restricied fund funds INCOME AND ENDOWMENTS FROM tX)nation5 and legacies 96,317 4.431 100,748 70,246 Other trading activities Inv¢stmenl income 5(Kl 25,490 29,948 29,948 Totsl 126,265 4.431 130,696 96,236 EXPENDITURE ON Charitable aetfvhi¢5 Charitable 1.671 116,790 18,971 NET INCOMEI(EXPENDITURE) Other recognised gain(lo$s¢S) Gains on revalU10Th of fixed assets 11.146 2,760 13.906 (22,735) 40.992 40,992 14.777 Net movement in funds 52.138 2.760 54,898 (7,958) RECONCILIATION OF FUNDS Total funds brought forward 1,120.152 19J82 ,139,534 1,147,492 TOTAL FUNDS CARRIED FORWARD 1.172290 22,142 1,194.432 1,139,534 The notes foTm part of these financial sra*ments
30 SEPTEMBER 2tr 30.924 30.923 T8k5$tts InvtsuneDts 12 851.826 310,028 859.049 269,036 1.161.834 l.128.085 13 6550 35. 4,452 13.471 41356 17923 14 (9.778) (fi4741 31578 11.449 .194,432 1.139534 .4SSETS 1.194,432 1.139J34 16 1.1722 21142 1.120.152 19J82 TOT4L 1,194.432 .139534
ST NINIANS CHURCH.TROON NOTFS TO THE FINANCIAL STATEMEwrs FOR THE YEAR ENDED 30 SEPTEMBER 2024 ACCOUNTING POLICIES Basis of preparing the fJD•neial statements The flnancial statements of the charity, which is a public benefii entity under FRS 102. have been prepared in a¢¢ordance with the Chan"ties SORP (FRS 102) 'AccowJting and Reporting by Charities.. Ststement of Recommended Practice applicable to chariti¢5 preparing their xcounts in accordance wsth the Financial Kewrting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 The Financial Reporting Stsndard applicable in the UK and Republic of Ireland, and the Chariti¢5 and Trustee Inv¢5tment (Scotland) Aa 2005. The financial ststements have been prwr¢d und¢r the histori] cosl convention. with the exception of inv¢stm¢nts which are included at mark value, as modified by the revaluation of ¢tsin &s5ets. St Nini¥ns Churth, Troon meets the derli10n of a public bet)efil eiitity uthder FRS 102. Assets and liabiliries are initially rffognised at historical Costs or transacti value UDle5s otherwise stated in the relevant accounting policy notes. Ineome Congregational giving is a¢c4Junied for when received. Donations, gifts and legaciu are accounted for when the Church becomes eniitled to the income and a reliabl¢ ¢s1imate of the amount to be received can made. Gift aid lax recovernble is a¢¢oynt¢d for a¢ th¢ p)int the tax reclaimed is submitted. GraThts recelv*ble Grants are recognised when the charity h&8 an entitlement to the fimds and any conditions linked to the grants have been met. Where wfottnance condition5 are atwhed io the grani and are yet to be met, the in¢om¢ is reco8ni5ed a liability and included on the Eoiance sheet &% deferred inwm¢ lo be relea5¢d. Otber tr#din% activiti¢s Income from other trading activitL¢5 is r¢gniSed where the is entiilemenL certairtty of rcceipl and the amount ¢an m¢ measured with sufficient reliability. Investment lrteome Investmeni income is recognised on a rrfeivable basis. Expenditure Liabilities are r¢cognis¢d as ¢xpendilure as so)n as there is a legal or cotructive obligation committing the harity to that expendiiure. it is probable that a transf¢r of ec(ynomic benefits will be required in settlemcrht and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and h45 been clas$ifi¢d under headings that aggregate all cost related to the calegory. Where costs cannot be directly attributed to particular headings they have been allal¢d to xtivities on a basis consisteni wilh ihe use of resources. Charitsble aetlvliles Charitable expenditure ¢ompTises those incurred by the ch8rity in the delivery of tts a]VIlle5 and services for its beneficiaries. It includes both costs thai be allocated directly to such aciiviiies and those costs of an indirect nature nrtessary to SUPE them. Support eosts Support Costs include central functions and have IKen all(Kated to adivity cosl categories on a basis consistent wtth the use of resourccs. for exarnplc, allaling FKOPUry costs by flcwx area4 or capita, staff costs by the time spent arhd other costs by their usage. Governance costs These include costs atiributsble to the charitys compliance with constitirtional #nd statutory requirements, including costs of the prepara(ion and examinationof the staiutory accounts. the costs of trustee meetings and the cost of any legal advice to th¢ tru5te¢5 on governance or Con1110nal mallers. Page 7 ontinued...
NINIANS CHURCH,TROON NOTES TO THE FINANCIAL STATEMENTS- CotINe FOR THE YEAR ENDED 30 SEPTEMBER 21124 ACCOUNTING POLICILS- continued Governnee eosts GovernThbent grants Government grknts are r¢¢ognsied based on the accrnal model #nd are measured at the fair value (Trf the asset received or receivable. Grants are cl&8sified &5 Telating etther or revenue or th &8sets. Grants relating to assets are recognised in income over the period in which the Yelated costs are rolSed Grants relating to &ss¢ts are recognised over the ¢xpe¢ted use1 life of the &sseL IVh¢r¢ part of a grant relating io an &8set is d¢f¢rred, it is recognised as deferred incorne. Fixed ¥wts Depreciation is provided at the following annual rates in order io write off asset over its estimated use1 life. Freehold property Fixtures alld fittings 2Y• on c051 15'h on Teducing balan¢e Tngible Fiied As5¢ts Tangible fixed &wts are stat¢d at cost or va]uion less depreciation. Fixed Agset lTrvestmtftt Fixed a55¢t investments. other than programme Telated investrnents, are included ai market value at the balance sheei date. Realised gains and losses on investments are calculatrd as the difference betw¢¢n sales proceeds and their market value * lh¢ slart of the year. or the subsequent ¢0& #nd are charged or credid to the Strt¢m¢nl of Financial Aclivities in the period of dispoyl. Unrealised gains and1055e5 Tepresent the movemeni in market value during the year and are credited OT charged ¢(Tr the Siatement of Financial Activiti the maTket value ai ihe year end. Txxatio The charity is exemy from tsx on its charitable activiiies. Fund accovnting Unrestricted funds can be used in accordance with the charitsble objectives ai the discretion of the trustees. Restricted funds can only be used fly particular Testricted pUrym within the objects of the charity. Restrictions arise when specified by the donor or when funds are rni%d for particular restricted purEM)se5. Further explanation of the nalure and purpose of each fund is In¢lUd in the notes to the financhil ateMents. Pension costs athd other p05t-retir¢m¢Trt be*efits The charity operdtes a defined conrribuiion pension scheme. Contribulions payable to the charity's pension scheme are Charged to ihe Sthtemeni of Financial Aclivilies in the period to which th¢y relate. Golng eoneertt The w5tees consider that there 8re no material uncertainties about the charity'$ abilTty to continue &$ a going concern. Page 8 Continued...
ST NINIANS CHuRcTRO0 NOTES TO THE FINANCIAL STATEMENTS- contiryued FOR THE YEAR ENDED 30 SEPTEMBER 2024 DONATIONS AND LEGACIFS 30.9.24 30.9.23 Ordinary rolleclions Special collections Gift aid Legacies Grants Donations- r¢ hall T&x rewvered 7.660 13,584 19,792 .0 6) 26,572 9,540 18,128 14,925 15.270 2.000 14.259 5.664 I,748 70.246 GranL% received, included in the above. are as follows: 30.9.24 30.9.23 Orher grants 600 2,000 OTHER TRADING A1VITIEs 30.9.24 30.9.23 Fundraising evertts 500 INVESTMENT INCOME 30.9.24 30.9.23 Income from fixed &5set investhients Net income from land and building5 8.842 21.106 8.476 17.014 29.948 25.490 Gros5 income from land and buildings w&% £28,129 (2023.. £26,969) and expendiiure for repairs and maintenance charges £7,023 (2023.. £9,955). CHARITABLE ACTIVITIFS cosrs Dirt Costs {see noie 6) Supwrt costs (Sec note 7) Totsls Charitable 105,236 11.554 116.790 Page 9 continued...
ST ]¥INIANS cHuRCTRO0N NOTES TO THE FIiYANCIAL STATEMENTS- continu¢41 FOR THE YEAR ENDED 30 SEPTEMBER2024 DIRE COSTS OF CHARITABLE Acr1vlEs 30.9.24 30.9.23 Siaff Costs Rates and water Insurdnce Light artd heat Postage and stationery Sundrics 47,886 3,724 4,340 15.691 359 45.773 3.615 4,640 11.272 152 k 11 ,922 5.858 3282 1202 .522 10,197 2,030 7223 3.765 20.686 2,146 204 ,749 8.318 1,308 7264 Repair5 and nmintenance Salarics. wages and honordrium Altar expense5 Choir and OTgan w5ts Diocesan and provincial quota CollectlOll5 for special pur5 Depreciation 105,236 110,892 SUPPORT COSTS Governan¢e Charitable 11.554 Support COS included An the above. #Te &s follows.. Governanee eosts 30.9.24 30.9.23 Totsl 4¢tivilies Charitable Esthblishmeni costs Accountancy and legal fees 5.230 6.324 3.927 4.152 11,554 8.079 TRUSTEES. REMUNERATION AND BENEFITS The Rector received remuneration of £32.391 (2023.. £29,835) and £3282 Q023'. £2.146) of reimbursed expenscs.There w&5 no other trustees remuneration or other benefits for ihe current or pr¢vi0115 year. Trustees. expen There were no trusiees, expenses paid ftr the year ended 30 September 2024 nor for the year ended 30 Sepiember 2023. Pa8e 10 continued...
ST NINIANS CHURCILTROON NOTES TO THE FINANCIAL STATEMENTS- colllinu¢d FOR THE YEAR ENDED 30 SEPTEMBER 2024 STAFF COSTS 30.9.24 30.9.23 Wages and salaries Social 5¢curity costs Other pension costs 37,318 138 10,430 36,074 92 9,607 47.886 45.773 The av¢rag¢ monthly number of ernployee5 during the year was as follows: 30.9.24 30.9.23 Charitable artivities No employee5 received emoluments in excess of £60.LNJ). 10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTILS Unrestrictcd fund Restricted fwids Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 63.703 6,543 70,246 Other trading activiiies Investment in¢ome 5(K) 25.490 500 25,490 Totsl 89,693 6.543 96.236 EXPENDITURE ON Charltable aetlvltles Charitable 101.833 17.138 118,971 NET INCOMEI{EXPENDITURE) Other recogni5ed g8insI{losses) Gains on revalU10n of fixed assets (12.140) (10.595) (22,7351 14,777 14.777 Net movement in funds 2.637 (10,5951 (7,958) RECONCILIATION OF FUNDS Tothl funds broughi fonvard 1.117,515 29,977 1,147,492 TOTAL FUNDS CARRIED FORWARD 1,120,152 19.382 I,lJ9.534 Pagell ontinued...
ST NINIANS CHuRC1LTRN NOTES TO THE FINANCtAL STATEMENTS- FOR THE YEAR ENDED 30 SEPTEMBER 2024 TANGIBLE FIXED ASSETS Fixtures and fittings Preehold property Tt*als COST At l October 2023 and 30 Sep¢ember 2024 977,603 11,728 989,331 DEPRECIATION At l Odober 2023 Charge for year 120.096 10,186 231 130,282 7.223 At 30 September 2024 127,088 10,417 137,505 NET BOOK VALUE AI 30 September 2024 850,515 851.826 A¢ 30 S¢ptember 2023 857.507 .542 859.049 Certain of the proFXrties were valuoj by Messrs Thomas C Stewrt Chartered Quantity Surv¢yoTS, ¢)n 18 November 2(KJ5. and this valuation has been adopted as deemed $t in the financial ststements. Due to the historic nature of the properties it is not possible to put a value on them and it 15 th¢ opinion of the trusttts the cosi of professionally valuirtg them to include in the fEnancial stattrnents outweigh5 the benefits to the users of the financial slaternen The current insurance replacemeni COSL% of the buildings 15 £9.98 million. This d(S not represent ihe Maet value of the properties. 12. FIXED ASSET INVESTMENTS Unlisted investments MARKET VALUE Ai l October 2023 R¢valuation5 269,036 40,¢J92 AI 30 Septrmber 2024 310,028 NET BOOK VALUE At 30 September 2024 310.028 At 30 SeNember 2023 269,036 There werc no investment assets outside the UK. Cost or valuation 30 September 2024 15 re[esend by: Unlisted investments VUation in 2024 Cost 160,186 149,842 310.028 Page 12 continued...
ST NINIANS CHURCFLTROON NOTES TO THE FINANCIAL STATEMENTS- rontinued FOR THE YEAR ENDED30 SEpfEMBER2024 13. DEBTORS: Amouwfs FALLING DUE WH[ ONE YEAR 30.9.24 30.9.23 Other debtors 6,550 4,452 14 CREDITORS: AMOUlYtS FALLIIYG DUE WITHIN ONE YEAR 30.924 30.9.23 O¢h¢r Creditors 9.778 6.474 Is. ANAL YSIS OF NET ASSETS BETWEEN FUNDS 30.9.24 Totsl funds 30.9.23 Total funds Unrestricted Restricted fund funds Fixed Sets Investments Current &S5ets CutTent liabilities 851,826 287.886 42.356 19,778) 851.826 310,028 42.356 (9,778) 859,049 269.036 17.923 (6.474) 22.142 1,172,2 22,142 1.194.432 ,139,534 16. MOVEMENT I]¥ FUNDS N¢t movement in funds Ai -10.23 Ai 30.9.24 Unrestri¢led funds General fund .120.152 52.138 1.172.290 Restricted funds Christmas Fair & retiring coll¢dions Small Change Colleaion Easter Offering Flower Fund Art Project Buildingwindow Fund Harvest Retiring Colleciion Muithead Primary Mission Fund 1,570 2,570 168 545 85 700 16,574 75 150 1.275 168 446 169 71X) 16.574 75 150 99 {84) 1.175 19.382 2,760 22,142 TOTAL FUNDS .139.534 54,898 ,194.432 Pagc 13 continued...
sr NINIANS CHURCTRO0N NOTES TO THE FINANCIAL STATEMENTS- colltinued FOR THE YEAR EP4DED 31) SEPTEMBER 2024 16. MOVEMENf IN FUNDS- movement in funds. included in ihe aknve are &8 follows: Incoming Resources expended Gains and Movement in funds Unr¢$tri¢t¢d funds General fund 126265 (115,119) 40.992 52.138 Restritted funds Christsnas Fair & retiring collectLOJIS Easter Offering Flower Fund Mission Fund 2.780 (1210) ,570 82 1.470 (166) (295) (84) 1,175 4.431 {1.6711 2.760 TOTAL FUNDS 130.696 (116,7W) 40.992 54.898 ComparntKves for movemeAt in fMnd$ Net movemeni in funds AT 1.10.22 At 30.9.23 Unr¢stri¢t¢d funds General fund .117.515 2.637 1.120,152 Restricted fumds Chrimmas Fair & retiring ¢olleclio Small Change Collection Easier OtTering Flower Fund Art Project Buiidingiwindow Fund Harvest Retiring Collection Muirhead Primary Mission Fund 1.000 67 296 41 i.o(M) 168 446 169 700 16.574 75 150 100 101 128 694 28,904 (12.330) 75 150 29,977 (10.595) 19.382 TOTAL FUNDS 1,147,492 {7,958} 1.139,534 Page 14 continued...
ST NINIANS CHURCILTROON NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED311 SEFfEMBER 2024 i& MOVEMENT IN FUNDS- eontinu¢d Comparativ¢ net movement in fijnds. included in the above are a5 foll¢)ws: Incoming Resoure¢s resources expended Gains atwj losses Movement in fi5 Unrestrleted fullds G¢n¢ral fund 89,693 (101.833) 14.777 2,637 Restrict funds Christmas Fair & retiring colled1o% Small Change Collection Bishop's Lent Appeal Easier Offerin8 Flower Fund Art Projecl Buildinglwindow Fund Harvesi Retiring Coll¢dion Muirh¢ad Primary Mission Fund (i.(KrfJ} 67 133 296 216 67 (133) 296 (175) 3.500 75 150 (15.830) (12.330) 75 150 6543 (17.138) (10.595) TOTAL FUNDS 96236 (118,971> 14,777 (7,958) A current ytaT 12 months and prior year 12 months eombined w)sition is as follows: Net ovement in funds Ai 1.10.22 At 30.9.24 Unrtstrieted funds Genenl fund .117,515 54,775 1,172,290 Restricted funds Chrisknas Fair & retiring colleaions Small Change Collection Easier Otyering FloweT Fund Art Projeci BuLldingWindow Fund Harv¢st Rctiring Collection Muithead Primary Mis510n Fund 2,570 67 395 (43) 2.570 168 545 85 700 16.574 75 150 ,275 101 150 128 694 28.904 (12.330) 75 150 1,275 29,977 {7.835) 22,142 TOTAL FUNDS 1.147,492 46,940 1.194.432 Page 15 oDtinued...
ST NINIANS CHURCFLTR(M)N NOTES TO THE FINANCIAL STATEMENTS- Continued FOR THE YEAR ENDED 30 SEFfEMBER 2D24 MOVEMENT IN FUNDS- contiDued A curr¢nt year 12 months and prior year 12 months combined net mov¢rnent in fimds. included in the alx)ve are 15 follows- Incoming r¢sour¢¢$ Resources expended Gains and los%e5 Movement in funds Unre$tri¢ted fuDd5 General fund 215,958 (216.952) 55,769 54,775 Restricted funds Christmas Fair & retirkng roll¢ctions Small Chang¢ Coll¢cti¢)n Bishop's Lent Appeal F.asier Offering Flower Fund An Project Buildingwindow Fund Harvest Retiring Collection Muirhead Primary Mission Furwj 4.780 67 133 395 298 (2,210) 2,570 67 (133) 395 (43) (341) 3.5(K) 75 150 1.570 (15,8301 (12.330) 75 150 1,275 (2951 10.974 {18,809) (7.835) TOTAL FUNDS 226.932 {235,761) 55,769 46,940 17. RELATED PARTY DISCLOSURES Ther¢ were no related pty transaciions for th¢ ye4r ended 30 SeNember 2024. Pag¢ 16
ST NINIANS CHURCH.TROON DETAILED STATEMENT OF FINANCIAL AcfiviTIFS FOR THE YEAR ENDED 30 SEPTEMBER 2024 30.9.24 30.9.23 INCOME AND ENDOWMENTS Donat5 legacie5 Ordinary ¢oll¢ctiOn5 Special collections Gift aid L¢gaci¢s Grants Donations- r¢ hall Tax recovered 7,660 13,584 19.792 23,0(KJ 18,128 14,925 15,270 2.0(M) 14.259 5.664 26.572 9,540 IIX).748 70,246 Other tr*ding activiti¢S Fundraising events 500 InvtethI intome Income from fixed assd investhhents Net income from land and buildings 8,842 21.106 .476 17.014 29,948 25.490 Totsl in¢oThimg resources 130,696 96.236 EXPENDITURE Charitable activities Stipend of clergy Social security Pensions Rates and water Insurdnce Light and heal Postage and sta¢ionery Sundries Repairs and maintenance Salaries, wages and honorarium Altsr expenses Choir and organ costs Diocesan and provincial quota ColltIOnS for special purposes Freehold property Fixtu$ and frttings 37.318 138 10.430 3.724 4,340 15.691 359 ,922 5.858 3,282 1.202 1.522 10,197 2.030 36,074 92 9.607 3,615 4.640 11,272 152 3,765 20,686 2,146 204 1,749 8.318 1.308 6,992 272 231 105.236 10,892 Support eosts Governance costs EabliShment ¢¢)sts Carried forward 5230 5,230 3,927 3.927 This page thS fonn part of the stttutory fitkancial statements Page 17
sr NINIA]YS CHURCILTROON DETAILED sfATEMEiYf OF FINANCIAL A1VITIEs FOR THE YEAR ENDED30 SEPTEMBER 21124 30.9.24 30.9.23 Governance Costs Brought fonvard Acfjountan and l¢gal fee5 5,230 6,324 3,927 4,152 11,554 8,079 Total resources expended 116.790 118,971 Net in¢omel(exp¢Dditsre) 13.906 (22,735) This page does not fi)rni part of the statutory financial ststements Page 18