Shawlands Trinity Church of Scotland: Glasgow Report and Accounts for the year ended 31 December 2024 Congregation No: 161061 Charity No: SC012969 Shawlands Trinity Cburcb of Scotland: Glasgow Contents of the Finan¢i21 Ststements for the year ended 31 De¢ember 2024 Trustees, Report 14 Ind¢p¢ndent Examin&s ReFKFrt Statement of Finon¢ial Aetivities Balance Sbeet AccountTng Poli¢i¢s Notes forniing part of the Financial Siatements 10-15 AppeDdix 16 Shswl*nd5 Trinity Churcb of Stotland: Gl•sgow Trll5tees' Report for the year ￿ded 3J Deeember 2024 The Trnstee5 th¢ir*ttts￿l T¢PTht fmaDtd sthlety￿of thlebrn fty the >TaF•thI 31 Deccrnkn2024. Tr fw•neMI have bccn 1x¢pa￿l in awOrd4llCe￿th the pobcyts (￿rt iti ar*J roo)ply ￿llb theGeDu¥I Assetnbly Re￿￿tiOD$f Cottwij￿#l F￿aD¢¢. theCbari¢its and TT4&tt ill￿¢ (S￿) Ad2(X)5. tr Ch•ri¢K5 A¢￿u￿ts(S¢oIIaDdl R¢pJlatiLmS 21M)6 la5 acc(Tdwewith thr FitWKiII Rern stslldaTd w]Kabk w the LK alld Repthli¢ of IreWIFRS 1021 leff&*v¢ l )￿vary2019I. Ob et veJ all Thechweh of Scthjalld LS Tiiryttsnlll w doctrine. trldiiiffj alld PrcsbylW iDwiy. Iie¥iststO8knify God aDdtOWo￿ foTthe adfvxncemrrtT ofChT151'S Kin8Oom ihroushoui the ￿0T1d Asa n￿L￿￿1 churc￿ li xknOwkd8e5 adLQUKl11"f call 2ThJ dwv io brmgthe ordIn￿e$ of T¢li8ion to th¢ pcopk w ¢very Ofs￿￿ttdthTL￿ a terri￿1￿ IictrLyJatrs other Cbwrle5 in vari(Kts ecum￿*￿[ tr#)dje5 ScotlaDd 4lld bryo)Ml. SknAwl•udsTrlllity Cbllrcb otSe•d4Nd: Glup)Th Ibttommrythy 0fshNwl￿d WeaTe a frierdty ofFwple, Iivill8 Wtthe k>v¢ ofJeAtsittW ]i(e attd aCLYFffweof aD. where fEnd VAC￿ sexualtyierLts¢iOU peopk ofShawlats&. Wc tbai tbvv may fllxlthe thwthtoEe a pkcewlxrt tw canap￿￿￿*¢¢cp￿ll￿. afrj ca W¢ afe a conpe8attoll wbo bJv¢sG(daDO Dy out b.vt by the wthiDBS 1ts1 exwkof Jesus c￿l$L Jvlle, Septethber aDd ikcemFkT. BiThkStydytskesP￿M wa￿￿dI) AkernatrTh*tksbyZ4th). oxditavty i% hew op Wethesday * iwJebtitr*. OLberxtiWties I￿l￿de FaThily SeThK¢s tyj extr¥ %rvKe5*t FAwarrtt cbr￿ Thue i5 1 WorsbTr fjmup, whicb GrOUPS In the Churchpremix5 att lth*it&. 2Brown* Packx Guth. 2 B*Jmll*tyJ Grw5, A& Yo8a,Btys' Brig?￿ 2 Toddler The Wam) Café m¢etseveryTuuday 10 to 12rfY)rJwn to TrAryth owmbu5 *J isaLwT¢8uifirly by FoTsevernl ytars therbwcb b*s tykaj I¢$r￿￿7]ty r(xthr Piwy s￿ AN￿¢0]k￿￿ fwtheG41 Cdelrea. Shawlands Trinity Church of Stotiattd: Glwow TrusteeB' Report for the ?e*r tlldtd 31 Dt¢eth 2024 bitTr iD Q¢tthr 2024 Fltt*ncliTr Re￿e￿ OV￿￿1 INc4mewa5 £11723212023. £95.(Wl djowsan inLTe&rof £22.136. wlkiletxr•41itwew*s £91.443 (2023- £89.955>￿I¢h an I￿￿5¢of £9.488 Th15 re5ultd ￿ a f¢*the￿ of £17.78912023. £5.141) F￿1 d•ai15 5eaJ In l ty6 MiD15t<¥ ￿app￿￿1￿j. Restrves Polle ' The tharity irllstets h&Nrcrnsidered the rtter￿ requir•J arml hi.t tsktrt tnto a¢cthJnt thr rllrrtni￿￿ fifftre liabilmes It istheTn￿cCS, policy to hold r¢seTv¢s 6 to 12 t￿)Ith$¥￿T￿.￿￿e EK1￿]￿8 (k518￿tyj firth. Alth¢ th¢thwch fwthof £184.195 of ￿th1¢h £37.426 desiwxithl fortr* Fabn¢ Fu￿} gnd £91.089 for (hotr¥h fwKi Trb313￿y fu￿1 s￿)d £49.338 wh1eh 15 considered 5a115faaLY)' in the uKerwniim¢5 onsinB frrAkn the prrtefft￿) chry wew. faeeas a Te5uli of the new Pr Thethurd)￿s￿￿kl fwd%*thich h1￿b£<￿ fwtht 14 rD* Fornlond is$Ub￿ tothe Actsa￿J Re￿11￿￿r th¢Ga**l As*¢tt*>tyoftr*(frweb ofSox]aD Shawlallds Trlnlty Chureh •)f scot]￿￿. GI￿0 Tr¥xttti' Rep?rt for tbt year elld¢d 31 Decembtr 2024 feTe (hthtyP4 SC012 161161 No". Trustee5 Tb¢ li)U0A￿l sgsed (Jn the Kitk %L*sK)n durmg Ncdl PriDcip410fi]ee SbswlxDds Tmity ch￿th S M05s-sid¢ Kr GJasp)w 041JTP Py3 ShAwIAfftdt Trlnlty Churekn of S¢•thnd: Gl*4•w for thR yar ￿dtsd JI D•¢•wbor X24 Pl PA4 VWF of ScLMkn 0413N.N Sbawlands Trinit). Cburch of Scotland: Glasgow for the year ended 31 December 2024 IDdepeDdent Ex•mlncr'$ Report to the Trusttts of Sb•vil*nds Tr￿tV Churth of Scotland: Glas8OW I report on ihe ac¢(Mmts of the choTity foT the )tar ended 31 December 2IY24 which ere s¢1 out on pages 6 10 Respective re$wD51bilitles of trustee5 examiner The ch8Tit> s IrL￿1￿¢S r¢sp¥tsibl¢ for ihe prcparaiion of th¢ accounts in accordance with the temis of the Lhan"lies and Trustee InvesmM)i {Scoiland) Aci 2(M)5 and the Chant3Cs Accounts (Scotland) Regulalions 2006 (as amended). The eharitS trnstees con57der that the &udil requiTernent of Regulation l(41) {al io {c) of the Accounls Re8ulaiiow (knes not apply. It is my responsibility to examine the accounts as required under section 44(1) Ic) of the Art al￿ to state wh¢th¢r particulBr mtters hgve con)e to my atteniion. Ba51$ of Ind¢pendell¢ exJmlner'$ gtstem¢ot My ¢xamination is carried out in accordance wÉth Regulation I l of the Charities Accounts (Scotland) Regulations 2006 las arnended). An exarninalioD includes a review of the accouniiDg re(x)rds kept by the ehariry and a compari￿￿ of the account$ presenied those records. It also Inc1￿c5 consider8ti0n of 8lly unusual ttLThS or diselosur¢B in the accounts. and *eeks explanations from the trnstees coac¢rninE any such mailers. Th¢ pr¢￿ed￿re5 und¢rtaken do not proNTrde all the evidence thal would required in an audit, and COAsequ¢nily l th) noi express aa audit opinion on the view given by the accounts. Indcpemdent ¢￿TrIDer'S sl•temenl In the eourse of my examin￿10n. llo matter h&s COTn¢ io my attention. whi¢h gives me reasonable cause to beliNre that in any m8terial respect ts Tequirewtnls". io keep 8¢counting Tecor¢ts in accordance with Secuon 44jl) (al of the ?005 A¢t and Regulation 4 of the 20￿ Accounts Regulations (as amended), and to prepare a￿OUnt$ which accord with the aLxoMnting r¢cords and Comply with Regulaiion 8 of the 2006 Accounts Regulations las 8rneDdedl have not been or to which, in my opinion. atteniion should be dTaMm in order io cnable a prorKr und¢rstondin8 of the aceounis to be reached. A7.et¢ tludit %trK"ice Titanium I Kings h]ch Place Renfrew Glasgow PA4 8WF Page 5 Sh4wlands Trinity Chureb of Scotland: Glas8OW StAtement of Fitianei•l Aetlvlties for the year ended 31 December 2024 UDrtthtod EJdowE**i F¥nds. Funds 2024 2024 UttrUtrict￿ Endowment Funds Fu•d5 2023 2023 Totsl 2024 Totsl 2023 r4ote Illcome endowmtDts froth: Dtsnaiions & legacies Charitable activities Other trdding adiNTrties Investment Income Other T•tg1 61.423 61,423 59,451 1.622 29,71 I 95 4.217 95.096 59.451 1.622 29.711 95 4,217 95,096 29.214 1.951 23,650 17 232 29,214 ,951 23.650 l 17.232 Exptndltsre ott: Raising funds Charitable aaiviti¢s Total exptodl￿rt 116 99.327 99.443 156 89.799 89.955 156 99.327 89,955 Net Intom￿(eXpend1tllre) 17.789 17,789 5.141 5.141 Other recyised ylnsl(]oMes): gain￿(lOsSeS} IY¢t movement in 17.789 17.789 SJ41 5.141 RetoDcill*tion of fvnds: Total fl￿dS brought forward Total ful￿$ c%rri¢d forward 106.406 184.195 21)0 200 166.606 184,395 161.265 166.406 200 200 161.465 166,606 12 Thc noies form pan of these fujancial swerncnts. Page 6 Shawlands TrlDIty Church of Seodand: Gl#sgoiY BAJ*n¢e Sh¢•t A¥ at 31 Deeernber 2024 Fttadg T•tsl T•tsl 2124 2• N•te Flxed Ayrti: Tangible 6J33 411 33 33 33 411 TofAI Tr1xeA Amets Debtors Cash at bauk and in bbTMI 5314 173.496 1.418 5,914 173,696 1.418 13227 154,165 1.731 2rAI 180828 U*blltl 2.928 onc yr4T Nd Amets Urrcstyicted Jncome firojs 184,19S 184.195 106.406 2(Ki 200 2(KJ Tothl tharfty funds 12 •nd SI￿¢0 baolfby: Scssioll Clerk T¢& Trt?￿UrtT Sh&wlands Trinity Chureh of SeotlaDd: Glasgow Year ended 31 Deeember 2024 Accounting Polieies The priJ)cipal 8ccoimting policies. which have been applied consisteDdy in the curreni and preceding year iti deali￿8 with iterns which are considered material io the accounL% are set out below. Basis of preparatlon The a¢wunts have be¢n prepared under the historical cost conveniion and in aC¢OTdan¢¢ with applicable accounting standards, Accounting arld Rewning by Ch8riti&S: S¥temerti of R￿QmMended Prdctice applicable to charities prepaTing their accounts in accoTdance with the Financial Rep)ning St8Ddard applicable in the UK and Republi¢ of Ireland (FRS 102) {effe￿1ve l January 2019), th¢ Financial Reporting Stslldard applicable in the UK and Rq￿blIC of Ireland (FRS1021, the Clwrities and Tnjsiee Inv¢5tment IS¢otiandl Act 2005 and the Chariiies Accounts (ScotlaDd) Regulations 2(K)6 (as amended). The Charity eets th¢ defthition of a public benefit etttiry under FRS 102. The Trustees consider that there Jre no material uncertainties about the charitys ability to continu¢ for the foreseeable futhtye and therefore hav¢ adopted th¢ goll￿ concern basis in preparing these FinarLcial ststements. Fund 8ccoulltlDg Funds ate classified as either restricted fvDts or Unre￿ fuDd% defined as follows. Restrict¢d fvnds are funds subj￿1 lo specific requirements as to their use whicb may ￿ declartd by the donor or with their authority or created through lega] pr(ttsses, but #ill within the wider objects of the ¢haTity. EDdourynent fiwds are fimds which have b¢ett given on the CODdition thai th¢ origma] capital sum is Dot redu¢ed, but the iD¢ome th￿¢ from is used for the puryx)se defirKd in accordance with th¢ objects of the clwiry. Utuestricted funds are expendable at the discretion of the In￿le¢S in fiutherance of thc ch8riWs objects. If parts of the unrestricted fund5 are eamwkcd at the th'scretion of the trustees for a ptirticulaT purpose. they gre d¢sigtLated a5 a sq)arate fi￿d. The designation Iw aD admi￿trative Only and does noi legally TeStrI￿ the trusiees, discretion to apply the fund. lllcome recogDltlon Inwrne is recogDised wben the cknry eDtitlem¢nt to the fuD(ts. attyperfornwnce conditions aita¢h¢d to th¢ item{s) of income have been tllel il is probable that the income Thryll ￿ rec¢¥ved and the amount can be meawred reliably. Int¢rest on held on deN)sii ts i0¢h￿d when receivable and the amounl wi be Measur￿ reliably by the ¢hariry' this is nornially on notifi￿120￿ of inierest paid or payable by the b#nk. Diiidends on investments are rtcognis¢d Once the dividend has been declaTed atsd notification has been received of the divid¢nd due. On receipt, donated professional services and donated facilities are re¢ognised as income on the basis of the value of the to the ch8Yity wbich is the the charity would have been willing io pay to ubtsin services or facilities of equiwdlent economic benefit on the open markeL a coJresw* amouni is th¢D recogDised as exp¢nditllre in th¢ wiod of receipt. Jn auordance with the Clwiues SORTr (FRS102) the general volunteer time of members is Dol Page 8 Shawlands Trinlty Church of Scotl*nd: Glasgow Year eJded 31 December 2024 Accounting Policies Expenditure reeognltloD Lkabxlities are recognised as expendiwre as soon as there is a legal or CQDStrnctive obligation ¢¢)mmitting the ci]arity io thai eXpendi￿re, it is probable that seulem¢nt will be required and the atDount of the obligation can be measur¢d reliably. All expenditure is accounted for on an accruals basis. All expenses inchKling supwrt costs and governance Costs are allocated or apwrtioned to the applicable expendittwe headings. The CIMn"ty is not regislered for VAT and expenditure therefore iDclud¢s irrecoverable input VAT. Fixed A55et¥ The charity has the right io occupy and use for its clwitable objects certain Wigible r￿ed assets. including the Church buildiD8S. comprising the Church and halls, vested iti the ChuTch of Scotland General Trusiees. No consideration is payable for the use of these assets. ExFtnditure iticurred on the repair and maintenance of these assets is charged as Tesources expended in the S￿￿MeDI of Fitiancial Aciivities in the puiod in which the liability arises. All other fLxed a5s¢ts costing in excess of £l,OIKJ haying a value to the chariry mer than one year. other thart tbose acquired for specifit purp)ses, are capitslised. Depreciation is provided on a straighi-ltn¢ b&%is to write off the wst OT initial value, I￿ r¢sidllal value, of tangible fixed assets over their esiin)aied useful live& as follows.. Fixtures. fiiiings and equipment - 4 years Taxation Shawlands Trinity Church of Scoiland.. Glasgow is re¢ogtiised as a clwity for the punxises of appli¢able alioD legislation and is therefore not subject lo laxation on its clwithle a￿1VitieS. Page 9 Sham'lands Trittlty Churcb of Stotl*lld: Gl*$gow Notes formlng of the fin##tknl st*temuts for the year eDded 31 De¢embvr 2024 FuDds F•*ds Totil 2Q23 2• 2•23 l DD¢*¢￿￿% *rLd Le8*dts Offerings Tu Ra￿v￿ed on GiftAid alldGASDS DonaiiofLS Orwi5aiions' Open c01kni￿n5 38,809 38.809 9,flJ2 4296 2,(kn9 4.031 11,989 2.780 11.989 2.780 4296 3.￿5 24 61.423 3.975 24 61.423 4.031 59.451 59.451 Z INrome Ch￿h￿ble *ttkVitie5 Weddlljgs aDd fi￿eral5 CotTee Morn￿8s a￿1 spec￿ fuEthisin$ 09) 922 30 1.622 3 IDco]nefrom othtr IMdlM%adi%ld Use of rffenusts Rentsl 17.255 11.959 29.214 17255 11.959 29214 18.338 29.711 29.711 95 95 95 95 5 Othtr I￿¢•￿￿ DrawndowTr from Gaml Tn￿e 23,650 23.650 4217 4217 4217 P4e 10 Shawlands Trinity Churcb of ScotlaDd: GIAsgo Note$ formIDg part of thÈ tlllantlal 5t•i¢ttieDts for tILe year ended 31 December 2024 Trt FvDds Totsi Z023 2• 2023 6 An*lysi5 01 Experldhurt R*lsiu¥ F￿Dd$ Offetin8 Envd 116 156 Ch*rltsblt Aetlillk5 Gi}￿llE ty (kow Ifonnaty M¥DkWLes& m?55ion #Uocattonl 33J41 4.547 33341 4J47 79) 510 3J76 19.991 7.471 14.613 3.542 741 1.872 574 2.(M)I 220 36.840 2.426 J6,840 2,426 MinistLY'S Expellsrs Pulpit Supp￿. Other Salary Costs Rtpairs & Ma￿tr￿an¢t 510 3.376 19.991 7.471 14.613 3,542 741 1.872 574 2.￿1 21)0 5.762 5.762 11.168 5.488 7.611 3Jll 870 859 615 6.682 87 2.095 2.1th) oi 5,488 HeaTin8 atyd I18b￿$ Cleaning & C4r#Akmg ma￿￿4*n¢t￿r Grour*J5 Church Fxpa 3.3ll 870 859 615 6.682 87 2.095 2,1(K) 01 L￿¢￿rn Costs BthevoltDee (k8aNsations' EApuws 220 2220 99J27 99J27 To¢*1 99.443 99.443 89.955 one charitsbie activity TheTrfLYew G￿ts r*twtr￿tyIOth￿￿l%ryty kve bc¢n 5cfAA*ty id0￿rial. e li Sh4wl*ttd$ TrinSty Church of ScodaDd: Clasgow otes fomiDg p•rt of tht fits*tttl#l Mafemellts for tbe vear e￿ded 31 De¢¢mber 2024 7 Staff ¢osts Ind llumbl Total paynwjts ro* £3J76 12023". £5,762) in of (trwisi f(¢CburdJ wvixs. ITh¢ ri¢we for 2023 inchth F4)ryI￿ *￿￿ker&I the 5thn of th8lJt*.I Ave¥w tts theyw wa5 112023.. 1). Noemploy¢¢ h•d ¢mpi(we IxKfits in eKeess of £￿.[￿￿1(2023.' Tr￿). All ChllTch of Scothwj cthpryatioos cwtrttth ￿ the Nawl Stsp•hl wbicb bea5 thecthts of aD mini#c $14KDd ￿].642 and tr muunwn fthh **5 £3&884. 8 TThst¢t Aemunera￿o￿ arld Related Parts Tr•￿tIl￿n$ Durin8 the >esr. no Tecnv¢d reunbLws¢oKnt of expe￿12Q23A4l4. tht mwi*r). Ullo by the charity d￿￿1£theye1r. IWthe y￿# id He4tthÈ F￿d OrE2DiS&liofLS' F 2.612 1.364 31.Ity) 44J94 40 2.612 J,277 89.138 3J.020 1871 (2J57 (13,416} 95 (4fO) 2QXJ 2.400 2.th59 95.096 (2.487J 12.OPS 89.955 87 1.757 161.205 1.731 161.405 95.090 (fj9.955 es of Endowmellt Fllllds of Dosi Attd Fun Choir Musi¢ Fund.. To purclwe S￿ tDU4iC f¢K thecknir. Moir# mr￿Je Lrf*¢y: To ow WL¥k with ¢hthJrn *wJ w F•¥lt BerLQVOteDt Fund: To be eXr￿d￿￿the diScrtAi￿0f the Minister. over the nexi five year *rth Cifé Fuwd: A dcm*ion frim C(wt¥¢ FwKni Seryicty toE¢tXFohkéthb tht ofi Wwm Cllfé. Huting FuDd: To be expaxiai OD Heat aDd iizbt c¢A%. Or¥*Di5•tityos' Fundi: by yaTv￿ wId￿nth￿Cl￿￿th. IS ColleclioniforTbird P•rtie5 Chri#iarL Aid Retirdl ￿fiS l￿dgIng Hiwse Missm Worw Dayof Prd ErskuJE H(15pithI 1236 895 45 188 l30 ?.494 1.980 PAee 14 ShawlaDds Trinity Chureh of S¢otl*nd: Gl*sgow Notes fomlng p¥rt of the fiD*nci*I staten￿ts for the yÈxr ended 31 Dttember 2024 Or8*n15atOtyn A¢co¥nt5 suwm*ry: inthdtng Churtb Ftr*v4er 01 J#nu*Ty 2024. 31 De¢ember 2024 Openin8 B*1￿¢¢ ClostD8 Totsl Expelldlts Orynls*tlon OWLY Fut Smiday Scknl 1.986 434 B14 1.172 246 143 Jlljkcd lo th¢Church I.IY)2 l.(X>2 1.691 2.420 Pa8¢ 15 Shawlands Trinity Church of Scotland: Glasgow Year ended 31 December 2024 Appendix FUNDS HELD ON BEHALF OF THE CONGREGATION BY THE CHURCH OF SCOTLAND GENEIL4L TRUSTEES 2024 2023 ITAL ACCOLENT Credit Balances held 4131 December at cost 926,661 950,310 Market Valu¢ of Balances at 31 December 926,661 950,310 REI'ENUE ACCOUNT Credit Balances held ai 31 D¢¢¢mber 58.099 11.964 Page 16