The Presbytery olthe North East and the Northem Isles THE CHURCH OF SCOTLAND THE PRESBITERY OF THE NORTH EAST AND NORTHERN ISLES PRESBYTERY NUMBER: 31 SCOThISH CHARITY NUMBER: SC013064 ACCRUED {SORP COMPLIANT) ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
The Presbytery of the North East and the Northern Isles, SC013064 Table of Contents Trustees, Report..,........................ Reference And Administrative Information . Trustees, Responsibilities in Relation to the Financial Statements........,..................... 17 Independent Examiners Report to the Trustees . ,18 Notes Forming Part of the Financial Statements . Appendix........................... 11 .21 .34 Page 2
The Presbytery of the North East and the Northern Isles, SC013064 TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The trustees present their annual report and financial statements of the charity for the year ended 31 December 2023. The linancial statements have been prepared in accordance with the accounting policies set out on Pages 4 and 5 to the accounts and comply with the General Assembly Regulations for Congregatlonal Finance, the Charities and Trustee Investment Iscotlandl Act 2005, the Charities Accounts Iscotlandl Regulations 2006 las amended) and Accounting and Repoiting by Charities: Statement of Recommended Practice 2pplicable to charities preparing their accounts in a¢¢ordance with the Financi81 Reporting Standard applicable in the UK and Republic of Ireland effective from 1 January 2019. Objectlves and Activities The Church of Scotland is Trinitarian In doctrine, Reformed in tradition and Presbyierien in polity. It exists to glorify God and to work for the adv8ncemenr of Christ's Kingdom throughout the world. As a national Church, it acknowledges a distinctive call and duty to bring the ordinances of religlon to the people in every parish of Scotland through a territorial ministry. It co-operates with other Churches in various ecumenical bodies in Scot18nd and beyond. Presbytery is the court whl¢h is responsible for the gathered life of the Church of Scotl8nd. This responsibility is both corporate and individual, and rests on members and off ice-bearers alike. The collective task is the support and oversight of the local church as well as participating in the life of the Church at General Assembly level. The Presbytery exercises oversight and leadership over the local church's participation in Mission and promotes sharing in the wider work of the Church. To that end the Presbytery fulfils the fuTtctions set out in the Church Courts Act 2023 (Act 61 and takes such other Initiatives as the Presbytery sees fit (subject always to Church Lawl. The charitable purpose of Presbytery is the advancement of religion. Our vision is of 8 Presbytery which, under the guidance of the Holy Spirit, encourages and enables oui congregations to re-imagin8 and renew their life and work for mission in the 21 st century, worshipping and witnessing in a sustainable and mutually supportlve network of Christl8n communities. using well-equipped spaces strategically located across the Piesbytery, served and led by ministry teams. with the knowledge and skills need8d to inspire and equip our members for service and discipleship. In fulf illing its purpose and responsibilities, the Presbytery determines the number of congregations within its bounds and the boundaries of the parishes which they serve, as well as the distribution of ministers and other staff within these charges. Presbytery is responsible for the induction of ministers and for the introduction Df other staff. In the event of a congregation becoming vacant, the Presbytery appoints an Interim Moderator to ensure that worship and pastoral care continue to be provided and that the ongoing work of the congregation is able to contSnue. Presbytery provldes pastoral oversight for candidates who are in training for the ministry within the bounds. It offers resources and training to support and equip members of local congregations who are involved in leadership roles. In addition. Presbytery provides necessery training foT those who work with children and young people, to ensure good pr8ctice and legal compliance with the Protection of Vulnerable Groups Scheme. Page 3
The Presbytery of the North East and the Northern Isles, SC013064 TRUSTEES, REPORT (Continued) FOR THE YEAR ENDED 31 DECEMBER 2023 The Presbytery of North East and Northern Isles is committed to ecumenical engagement. Local congregatlons are encouraged to form links Wlth congregations in partner churches overseas. Presbytery also plays 8 role in responding to contemporary issues, which affect those wlthln Its bounds. It nomlnates representatives to serve on the boards of several charitable bodies. AGhievements and performance The Presbytery of North East and Northern Isles came into existence on 1" January 2023. It was a union of the Presbyteries of Aberdeen and Shetland, Buchan, Moray, Orkney, Gordon, and Kincardine and Deeside. Approval for this union of Presbyteries was granted by the General Assembly in May 2022. For technical purposes the charity number of the Presbytery of Aberdeen and Shetland was retained and renamed. Meetings were held in January, February, April, lun8, September, November and December 2023. At the January meeting, Rev Stella Campbell was appointed Moderator to serve for 18 months. Recognising the large distances and time Committnent involved in travelling, all the meetings were held in hybrid format with people joining both onsite and online via the'zoom, platform. Additionally, the meetings were streamed online for those who might wish to obs8rve lh8 proceeding8. Fountainhall Church at the Cross, Aberdeen, was used as a base for these hybrid meetings, utilising theif technical facilities into which considerable time was spent to ensure as seamless an experlence as possible. Two of our ordinary meetings were designated as all day events, including conferences sessions, and PfBsbyters were encouraged to attend onsite. At the June meeting the guest speaker was Very Rev Dr Martin Fair, who spoke about mission and the current state of the church and at the September meeting the guest speaker was Katie Maclean the Aberdeenshire Refugee and Resettlement Team Leader, who spoke about the plight of asylum seekers. The Moderator of the General Assembly of the Church of Scotland, Rt Rev Dr lain Greenshields, visited the Presbytery on 9, February 2023 and conducted service of worship at Holburn West Church at which Long Service Certificates were presented. Durlng 2023 as a consequence of the implementation of the Presbytery Mission Plan Act for the Presbytery, a number of adjustments took place. The plan w88 formed by the bringing together of the agreed plans for each of the constituent presbyteiies. The Presbytery organised services of worship to celebrate these milestones In the life of congregations. The adjustments were as follows.. Unions: Aberdeen: Hillside (High Hilton and Woodsidel Kingshill Iskene and Kingswellsl Aberdeen= Fountainhall (Holburn West. Midstocket, Queen's Cross, and Rubistawl Bennachle (Blairdaff &Chapel of Garioch, Cluny, Echt & Midmar, Kemnay, Klntore. and Monymuskl West Gordon Icushnie &Tough, Howe Trinity, Noth, and Upper Donsidel Devana (Ferryhill, South Holburn, and St Mark's) Peterculter IDrumoak-Durris and Peterculterl Elgin IBirnie & Pluscarden, Elgin High, and Elgin St Giles. & St Columba'sl Aberdeen.. Springfield ICraigi8buckler and Ruthrieston Westl Page 4
The Presbytery of the North East and the Northern Isles, SC013064 TRUSTEES, REPORT {Continued) FOR THE YEAR ENDED 31 DECEMBER 2023 Llnkages: Dyce and Newmachar The Presbytery wa8 delighted to be involved in the ordination and induction of Rev Fiona Lister (Aberdeen nd North 2 March 20231. the ordination and appointment of Rev Michelle McAdoo (Pioneer Mlnister, 23, Febru8ry 20231, the ordination and introduction of Rev Dr Donald Wood IAssistant Minster in the Presbytery of the North East and the Northern Isles, 11, July 202318nd the ordination and introduction of Rev Anne-marie Simpson Iordained Local Minister to the Lossiemouth Area Churches in the Presbytery of the North East and the Northern Isles, 26, October 20231. The Presbytery wishes each of them well in their ministries. During the year, a number of Ministers of Word and Sacrament retired or demitted, and thls was acknowledged in the December meeting of Presbytery. At the June meeting of Presbyteiy. time was taken to acknowledge those connected with the Presbytery. who had died duringtheyear. During 2023, the Pre8bytery Clerk, Rev Elspeth McKay, had a period of sick leave. For the first six months of the year, Rev Sheila Kirk acted as Presbytery Clerk pro tem, with Rev Hugh Conkey taking on the role of Depute Clerk. During the second half of the year, Eunice Mcconnach and Ruth Mackenzie, were appointed as Depute Clerks. Sadly, Rev Elspeth McKay resigned f rom her post at the end of the year due to ill health and the Staffing Group began the process of recruiting a new Presbytery Clerk. The Presbytery's Administration Officer. Mr James Buckingh8m-Hyman, continued to m8nage the Presbytery Office and steps were taken to recruit other additional staff. This included the appointment of Rev Dr Robert Smith as Mission Development Officer. The team will be expanded in 2024 to includo a Youth Development Officer, a Communications Officer, and a Congreg8tion81 Support Officer. At the end of 2023 a new treasuler, Mrs Elaine Mitchell, was recruited and started in her PDSt at the beginning of 2024. The annual Inspection of Congregational Records and Property Books took place over a period of a couple of months drawlng on help from Presbyters locate(J within each ol the former constltuent presbyteries. With a view to building connections throughout the Presbytery, roBdshows were organlsed by the Connections and Nominations Committee and the Moderator of the Presbytery, both onsite and online. This gave an OPPOftunity for Presbyters, Elders and mernbers of congregations to meet with one another, to 8hare thoughts on the Presbytery and to learn more about the work of the Presbytery through its committees and conveners. A number of Presbyters attended the General Assembly of the Church of Scotlarld, and the Presbytery acted upon the instructions within the Remits Booklet following the GA. This included welcoming presentation from from Rev Dr Marjory MacLean and Rev Dr Liam Fraser on the Overture regarding Aiticle Vlll of the Articles Declaratory in Matters Spiritual119211. The Presbytery was pleased to contlnue working with Ihe Centre tor Ministry Studie$ at Aberdeen University to encourage church members to attend the Worship Leader an(J Preaching Courses. number of church members completBd their training during 2023 and are now active in leading worship. Page 5
The Presbytery of the North East and the Northern151es, SC013064 TRUSTEES, REPORT (Continued) FOR THE YEAR ENDED 31 DECEMBER 2023 Financial Review lexcluding commentary on investments, for which see page 81 During the period under review total Unrestricted Receipts were £262,619 of which £78,094 was cferived from assessment on congregations within its bounds. £90.222 of one-off Unrestricted Funds transferred from Former Presbyteries and £92,334ofCore Presbyiery Fundingfromthe AssemblyTrustees.With Unregtricted Payments in the year totalling £193,030 there was an excess of Recelpts over Payments for the year of £69,589, which when added to the £696 broughtforward from 2022 results in £70,285 being carried forward to 2024. These Funds are utilised to cover the routine running costs of Presbytery including Sa18ri8s. Travel. Off ice Accommodation and Office Expenses. In addition to Unrestricted Funds the Presbytery has various Designated, R8Stricted and Endowments Funds which had movements for the following during 2023: Designated Funds The MISS Mi¢hle Bequest provided grant payments to an indivldual of £2,500, covered Locum Costs of£6,413 at St Georges Tillydrone and contributed £600 towards a Worship Lgaders cours8 at Aberdeen University with further miscellaneous expenditur8 of £87, This resulted in total Expenditure incurred during the year of £9.600. The amounts received from Investment Income and Miscellaneous Income during the year amounted to £9.536 and £13 respectively. During the year there was an excess of Payments over Receipts for the year of £51 which when added to the £22,137 broughtforward from 2022 results in £22,086 being carried forward to 2024. During the year the opening and closing balance on the New Presbytery Fund remained at £122,121. This resulted in a closing balance of £144.207 within the Designated Funds. Restricted Funds AS at 1 January 2023 the balances held within Restrlcted Funds amounted to £323,924. During the ye8r Restricted Funds from the former Presbyteries totalling £61,800 (Gordon Presbytery-£23,047, Moray Presbytery - £26,376 and Kincardine & Deeside Presbytery - £12,377) were included within the NENI Accounts. Investment Income of £20,614 was received during the year across varioLt8 Restricted Funds. The Crown Street Property Fund received Rental Income of £2,100 and incurred Expenditure of £5,077 of which £2,809 related to utilities. £1.128 related to other building costs and £1,140 property valuatlon costs. The various movements noted above has resulted in the balances held withln Restrlcted Funds as at 31 December 2023 totalling 2403,350. Endowment funds As at 1 January2023 the balances held within Endowment Funds amounted to £174,085. During the year Endowment Funds from the former Kincardine & Deeside Presbytery totalling £1,344 were included within the NENI Accounts. Investment Income of £5,879was received duringtheyear acrossvarious Endowment Funds. Page 6
The Presbytery of the North East and the Northern151es, SC013064 TRUSTEES, REPORT Icontlnued) FOR THE YEAR ENDED 31 DECEMBER 2023 Endowment funds Icontinuedl Rental Income of £4,500 was receive(J in respect ot the Presbytery Flat and Expenditure of £775 was incurred of which £695 related to insurance costs and £80 related to othei expènses. The various movements noted above resulted in the balances held within the Endowment Funds as at 31 of December 2023 totalling £185,034. Funds Funds are classified as either Endowment Funds, Restricted Funds. Unrestricted Funds or Designated Funds, defined as follows: Unrestricted Funds are expendable at the discretion of the Trustees in furtherance of the objectives of the charity. Designated Funds are Funds set aside for specific purposes and are expendable at the discretion of the Trustees. The designation has an administrative purpose only and does not legally restrict the Trustees. discretion to apply the Fund. Restricted Funds are sublectto specific restrictions as to their use which may be declared bythe donor or wSth their authority or created through legal process. but still within the wider objects of the charity. Endowment Funds are Funds which have been given on the condition that the original capital sum is not reduced, but the income therelrom is used for the purpose defined in accordance with the objects of the charity. Page 7
The Presbytery of the North East and the Northern Isles, SC013064 TRUSTEES, REPORT (Continued) FOR THEYEAR ENDED 31 DECEMBER 2023 Investment Policy and Performance The value ofthe portfolio of Investments as at31 December 2023 was £765,534 compared with £688,498 as at 31 December 2022. It should be noted that £26,923 of thls Increase can be attributed to the transfer of Investments previously held by Former Presbyteries. The cost of Investments as at 31 December 2023was £398,013 compared with £386,146 as 8t 31 December 2022. The difference between 2023 and 2022 relates to the cost of the Investments transferred from the Former Presbyteries. During the year there were no realised gains or losses on Investments. The unrealised gain on Investments during 2023 amounted to £50,113. These g8in8 arose due to the increase in market value from 2022 to 2023. The Presbytery seeks to provide growing Income 2nd a long-term increase in the value of capital by investingwith the Church of Scotland Investors Trust ICOSITI and by utilising the services of COSIT Investor Managers. Investments within the Growth Fund are largely held in equities and intended to be held on a long-term ba8is. The Income Fund is intended for medium-term investment and aims to provide immediate high income wlth funds invested mainly within fixed interest securities. Funds are also held in the Deposit Fund within COSIT, which is easily accessed when required. Finally, the Presbytery has Equity Investments that generates Dividend Income. Risk Management The Trustees have 8 risk management Btrategy which comprises: an annual review of the principal risks and uncertainties that the Presbytory faces., the establishmenr of policles, systems and procedures to mitigate the risks Identilied in the annual review., and the implementation of procedures designed to minimise or manage any potential impact on the Presbytery should those risks materialise. The Tru8tee8 consider the key risks to be: l. financial sustainability of the Presbytery. 2. failure to meet the required regulatory standards; a lack of personnel to carry out the work of the Presbytery. 4. A risk to the reputation in the event of a controversial decision or disciplinary event occurring relating to a congrBgation within its bounds. 1. Flnanclal sustalnablllty of the Presbytery Core funding is to be provided by the Church of Scotland to the Presbytery for a period of five years of which 3 years remain. The Presbytery relies on congregational assessments for the remaining proportlon of its flnances each year. Page 8
The Presbytery of the North East and the Northern Isles, SC013064 TRUSTEES, REPORT (Continued) FOR THE YEAR ENDED 31 DECEMBER 2023 The financial and spiritual sustainability of congregations has been impacted by the COVID-19 pandemSc, the demographics of congregants, and the shortage of those able to fulfil ministry roles. There is a risk that an increasing number of congregations will be unable to pay their full Presbytery Dues assessment. The Presbytery monitors its budget on a regular basis to manage expenditure and encourages open communication with congregations regarding financial challenges that they may be facing. It promotes the work of the Church of Scotland Stewardship Consultant to help congiegatlons to raise suff icient funds. In addition, the Presbytery 18 participating in conversations with the Church of Scotland with a view to securing core funding on a longer-term basis. 2. A failure to meetthe required regulatory standards The Presbytery, as a charitable organisation takes seriously its responsibilities in complying with regulatory standards. It recognises the risks involved with failing to keep UP to date with changes in legislation or failing to maintain records in the appropriate manner. Risks relating to standards for data protection, health and safety, saleguarding and financial reporting etc. are managed by ensuring relevant accreditation is up to date, having robust policies and procedures in place. and regular awareness training for staff and members working in these areas. The presbytery believes it has sufficient competent Persons in place to mitigate these risks. 3. A lack of personnelto undertakethe work ofthe Presbytery There has been a decrease in the number of people studying for Full Time Minlstry of Word and Sacrament exacerbated by the numbers reaching retirement age resulting in a capacity shortfall. This means that Ihe Presbytery is faced with a potential shortage of Ministers, oth8r Ministries Staff and Elders to carry out the work of Presbytery at a time when former Presbyteries are being brought together. The committees Ot the Presbytery are active in recruiting Presbyters to theiT work. The Presbytery is supporting a number of students in training and is working with the central offices of the Church of Scotland in various ways to encourage more people to consider 8 C811ingto ministry. 4. A risk to reputatlon In the event of a controverslal declslon or disclpllnary event oceurrlng relating to a congregatltsn within its bounds The Presbytery has oversight of those in ministry roles and of congregations within its bounds. As part of its normal business it makes regular decisions regarding resources, including people and buildlngs. The Presbytery is also consciousthat it has oversight with regardsto discipline. The presbytery endeavours to work closely with Presbyters when it comes to making decisions and recognises the importanc8 of transparency and communication. Page 9
The Presbytery of the North East and the Northern Isles, SC013064 TRUSTEES. REPORT {Contlnued} FOR THE YEAR ENDED 31 DECEMBER 2023 Reserves Pollcy The Trustees have considered the reserves required and have taken into account current and future liabilities it is the Trustees, policy to hold unrestricted reserves of not less than three months expenditure and not more than Six months expenditure. At the year end the Presbytery held unrestricted funds of approximately £214,492 lof which £144,207 is designated funds) which, after excluding one-off amounts transferred from former Presbyteries, amounts to between 6- and 7-months expenditure, The Presbytery also held approximately £588,384 of endowment1£185,0341 and restricted 1£403,3501 funds which have been provided for the purposes specified in Note 16. Strueturè, Governance and Management Governlng Do¢ument The Presbytery is governed in accordance with the Basis and Plan of Union, 1929, which includes, as an appendix, The Articles Declaratory of the constitution of the Church of Scotland in matters spiritual, In particulai, the constltution and powers of Presbyteries are specified within the Plan of Union. In addition to the above, the business of the Presbytery of the North East and the Northern Isles is conducted according to its Standing Orders and the Standing Orders of the General Assembly of the Church ot Scotland where applicable and the Church Courts Act IAct Vl 20231. In order to tacilitate good order, further local procedures have bgen adopted, which aro published annually within the Presbytery of the North East and the Northern Isles Yearbook. Recruitment and Appointment ofTrustees All members of Presbytery serve as the charity trustees. Entitlernent to Presbytery membershlp Is defined in Church Courts Act (Act Vl 20231 of the General Assembly of the Church of Scot18nd. The present list of trustees includes those who are; Parish Ministgrs, Associate Ministers, Ministers serving in chaplaincy appointments, retired Ministers, Ministers holding university appointments, other ordalned Ministers who are recognised to be exercising a Ministry of Word and Sacrament, Deacons serving in church appointments, retired Deacons, Elders elected by Kirk sessions to serve as commissioners to Presbytery and additional Elderswho have been elected by Presbytery. Organlsatlonal Structure Presbyteries have an integral role within the overall structure of the Church of Scotland. They are part of the Church of Scotland's conciliar system, in which legislative, judicial and administrative decisions. and supervisory a¢tions. are taken corporately. A Presbytery is a court of the church, which is superior to the Kirk session (the local court which governs a congregation) but inferior to the General Assembly Iwhich is the suprgme court of the church). A Presbytery operates within geographical bounds, which have been determined by the General Assembly, and all Church of Scotlan<J congregatlons withln these bounds are represented on that Presbytery. The membership of Presbytery includes those who act as commissioners from the lower courts (Kirk Sessionsl. th8 Presbyt8ry Itself nominate8 those of it8 number who will attend the higher court Page 10
The Presbytery of the North East and the Northern Isles, SC013064 TRUSTEES, REPORT (Continued) FOR THE YEAR ENDED 310ECEMBER 2023 Structure, Governance and Management{Continued} (the GeneralAssemblyl. In many matters, the Presbytery is the first court of appeal for local congregations. On an annual b88is, Presbytery 81s0 considers matters, which have been remitted from the General Assembly. A Presbytery provides spiritual leadership and encouragement to the Ministers, Offlce Bearers and congregations, fulfils duties proscribed by law or Instructed by General Assembly, and seeks ways of promoting and advancing Christ's kingdom. A Presbytery also exercises supervision over all Ministers. Deacons, Kirk Sessions, financial boards and congregatlons within its bounds and is responsible for discipline. In fulfilling this supervisory role. each congregatSon is visited once in every five-ye8r period by representatives from Presbytery, when its spiritual wellbeing and congregational activities are examined. The records of every congregation are also inspected on behalf of Presbytery on an annual basis. The Moderator, who is appointed from within Presbytery's membership and who seNes for two years, normally chairs meetings of Presbytery. In the Presbytery of the North East and Northern Isles six meetings per annum are scheduleij for the conduct of Ordinary business. Additional meetings rnay be called to deal with specific matters such as the induction of a Minister. Much of the work of the Presbytery of the North East and Northern Isles is co-ordinated by its standing committees which are: Connections and Nominations; Property and Finance,. Training and Development for Ministry and Mission: Church, Society and International, Planning and Deployment, Congregational Support, Pastoral Support and a Complaints Committee. Organisation of the work of the Presbytery is provided through the Business Committee. In addition, a Vecancy Procedure Committee is appointed to oversee arrangements for each charge in the event of a vacancy or pending vacancy. Day to day administration of the Presbytery of the North East and Northern Isles is managed by the Presbytery Clerk. Depute Clerks and the Administration Officer. Reference and Administrative Information Trustegs who seNed from 1 January2023 (The Presbytery ofthe North East and the Northern Isles) weie: Mrs Jeanette Abel Mrs Elaine Adams Revjenny Adams Mrs Angela Aitken (appointed September 20231 Rev lan Aitken Mrs Sylvia Aitken {resigned September 20231 Miss Pauline Alexander Rev Bob Anderson Mrjohn Anderson Mrs Ruth Anderson Mr Scott Anderson Mrsvera Anderson Mr Alistair Angus Mrs Pam Auckland (resigned June 20231 Rev Brian Bain Prof Yvonne Bain Mr John Balsillie Rev David Barr Mrs Susan Beagrie Mrs B Jean Bell Rev Dr Amy Bender Rev Margaret Benton Page 11
The Presbytery of the North East and the Northern Isles, SC013064 Mr George Bersta Rev Louis Bezuidenhout Rev Keith Blackwood Rev Dr Fyfe Blair Rev Dr Jacobus Boonzaaier Mrs Ann Bowie Rev Barry Boyd Rev Jean Boyd Mr James Bremner lappointed September 20231 Rev Linda Broadlev Mr Robin Brodie Mrs Tracy Brook (resigned June 20231 Rev Sarah Brown Mrs Susan Brown (resigned AuBust 20231 Rev Alastair Brute Mrs Alison Bruce Mrs Helen Cruddis Mrs Alison Cumming Rev Dr Ibidun Daramola Mrs Alexis Darg Mrs Jane Dargie (resigned February 20231 Mrs Shona Deldav Mrs Elsie Dennison Mr Bill Diack Rev Shuna Dicks Mr Albert Donald Mrjim Donald Mr Graham Douglas Mrs Kathleen Downie Mrs Carol Eddie (resigned Jtjne 20231 Rev Duncan Eddie Mr5 Susan Edwards lappointed June 20231 Mrs Elizabeth Elphinstone Rev Edward Enslin Mrs Maureen Esson Mr Graeme Bruce Mrs Sheila Brumby Mrs Margaret Buchan Rev john Butterfield Rev Dr Benjamin D W Byun Rev Thomas Calder Mr Robert Esson Mrs Marion Ewanson (resigned June 20231 Rev James Falconer Mr William Falconer Ms Irene Finlayson Mrs Jean Forbes Mrs Linda Forbes Rev Carol Ford Mrs Isabel Forsyth lappointed June 20231 Rev Elsie Fortune Mr Stuart Foster (resigned June 20231 Mrs Suzanne Foster Mrs Elizabeth Cameron Mrs Kathleen Cameron Rev Stella Campbell Rev Rhona Cathcart Rev Irene Charlton Mr Malcom Christie Mrs Audrey Clark lappointed June 20231 Mr Charles Clark Mrs Rose Clayton Rev Jonathan Clipston Rev Hugh Conkey Rev James Cook Mrs Doreen Fowlie Mrs Irene Fowlie Rev Robert Fowlie Rev June Freeth Rev Dr John Cook Ms Linda Cordiner Iresigned June 20231 Rev Fred Coutts Mr Donald Cowie Mrs Kathryn Cowie Rev Sheila Craggs Rev Anthony Craig Rev Gordon Craig Iresigned August 20231 Rev Dr Mary Cranfield Mr5 Mary Crawford Rev Simon Crouch Rev David Galbraith Mrs Sheila Garson lappointed September 20231 Rev Dr Edmond Gatima Rev Dr Kay Gauld Mr James Givan Rev Euan Glen Mrs Lorna Glen Revjohn Gow Mrs Angela Gracie Mrs Jennifer Graham Page 12
The Presbytery of the North East and the Northern Isles, SC013064 Mrs Lorna Graham Mrs Ann Grant (resigned June 20231 Mr Donald Grassie lappointed June 20231 Ms Mary Gray (resigned June 20231 Mrs Louisa Greenwell Rev Dr Melvyn Griffiths Rev Alan Greig Rev Kevin Gruer Mr Robert Gunn Dr Marshall Halliday Mrs Alison Harrls lappointed June 20231 Rev Don Hawthorn Mr Ewan Hav Mrs Elaine Henderson (appointed June 20231 Rev Dr Frances Henderson Mrs Gwendolen M Haggart (resigned January 20231 Mr Mlchael Hepburn Mr lain Hunter Rev David Locke Rev Mark Lowey Rev Dr Breda Ludik Mr Stuart Lynch Rev Eleanor Macalister Mrs Elaine MacDonald Rev lain MacDonald Rev Dr Alan Macgregor Revjohn Mack JP Mrs Pat Mackay Rev Kenneth MacKenzie Miss Ruth Mackenzie Rev Dr Marjory MacLean Ms Ali MacLeod Rev Fraser MacNaughton Rev Dr lain Macnee Mr William Macrae (resigned June 20231 Mr Alexander Main Mrs Eunice Mcconnach Mrs Audrey Mcconachie Rev Alisa McDonald Mr James McDonald Mr Mike McDonald Rev Aileen McFie Mr Jack Mclntosh Rev Elspeth McKay Mrs Yvonne McKay Rev Geoffrey McKee Rev Dr Paul McKeown Mrs Katherine Hyman Mr lan Ingram Rev Carl Irvine Mrs Sandra Jackson Rev Alison Jaffrey Mrs Gillian Jamieson lappointed June 20231 Mr Mike Jamieson Rev Dr Ken Jeffrev Mr Dick jenkins Rev I Peter N Johnston Rev Wilma Johnston Mr Angus Johnstone Mr Ronald Johnstone Mr Sean lones (appointed June 20231 Rev Andrew Kimmitt Miss Margaret King DCS Rev Louis Kinsev Rev Sheila Kirk Mrs Catriona Ladanowski Rev Douglas Lamb Mrs Jeanette Lamb Rev Craig Lancaster Iresigned June 20231 Rev Rosemary Legge Mr5 Jennifer Leighton Rev Norman Lennox-Trewren Mr Mike Leys Mr Richard Little Rev Eddie MtKenna Mrs Anne McLaren Mr George McLeod Mrs Joan Mcmillan IresiEned June 20231 Mrjames McPherson Mr Alasdair Mcvicar Rev Julia Meason Mr Kenny Meason Rev Manson Merchant Miss Alice Merrilees Rev Neil Meyer Mr David Middleton Rev Joshua Mikelson Mr Donald Mllne Dr Morag Mitchell (appointed September 20231 Rev Sheila Mitchell Page 13
The Presbytery of the North East and the Northern Isles, SC013064 Rev Valerie Mitchell Rev Jean B Montgomerle Mr Sandy Montgomerie Iresigned lune 20231 Miss Pat Moir Mrs Catherine Morgan (appointed June 20231 Rev Andrew Morrison Rev Alasdalr Morton Mr Innes Murchie Rev Dr Alan Murray Rev Alistair Murray Mrs Glady5 Murrav Rev lan Murrav Mr William Neish Mr Ken Nichol Mrs Alison Nicol (appointed September 20231 Dr Douglas Nicol Mr David Nicoll Mr Alex Nicolson Ms Ruth Nisbet Rev George Noble (resigned Aprll 20231 Rev Hugh O'Brien Rev Deon Oelotse Mrs Eleanore Olley Rev Seoros Orr Mr Gordon Reid Mrs Val Reid Dr James Repper Rev Frank Ribbons Mrs Helen Richards Rev Thomas C Richardson Dr J Graeme Roberts Mr Alistair Robertson Ireslgned June 20231 Mrs Beth Robertson Rev Mark Rodgers Rev George Rollo Rev Dr David Ross Rev William Ro55 Mrs Jane Rosslter Mr Andrew Ruck Ms Jan Sander5 lappointed June 20231 Mr Patrick Scott Mrs Sheila Sellar Mr Alan Sharp Rev Dr Brian Sheret Mr Brian Sim Mr Kenneth Sim Mr Andrew Simpson Mrs Anne Marie Simpson Mrs Fiona Simpson Mrs Louise Simpson Mr George Sinclair Rev Dr Joseph Somevi Mrs Jeanette Smart (appointed June 20231 Mr Alan P Smith (resigned April 20231 Mrs Alison Smith Iresigned September 20231 Mrs Anne Smith Miss Barbara Smith lappointed June 2023} Rev Brian Smith Mrs Pamela Pack Rev Sonia Palmer Mrs Margaret Pate Iresigned lune 20231 Mr5 Hazel Paterson Mr Mark Paterson Iresigned September 20231 Mr William Paterson Rev Kenneth Petrie Mr Matthew Philip lappointed February 20231 Rev Michael Phillippo Rev Amy Pierce Mrs Maggie Plrrie Rev Dr Julia Pizzuto-Pomaco Mr Graham Smith Mrs Hilda Smith Rev Holly Smith Mrs Isobel Smith Rev Rosalind Pollock Rev Stephen Potts Rev Martin Prentice Rev Morris Smith Mrs Jeannie Prlce Rev Dr Robert L Smith Rev Sarah Smith Mr Christopher Snell Rev G Hutton Steel Mr Charles Steele Rev John Purves Mrs Ruth Radcliffe Mrwilliam Rae Mr Roger Ramshaw Mr Vernon Rayner Rev Antony Stephen Page 14
The Presbytery of the North East and the Northern Isles. SC013064 Rev Douglas Stevenson Mr Alan Stewart Mrs Alison Stewart Rev David I Stewart Rev James C Stewart Mr Keith Stewart Rev William Stewart Mr lain Stoddart Rev Colin Strong Mr Edward Stuart Mrs Llz Sunnuck Miss Margaret Sutherland Ms Rosemary Sutherland Rev Susan Sutherland Mrs Marion Swann (resigned June 20231 Rev Dr Ali50n Swindells Rev Sean Swindells Rev Prof John Swinton Rev Alexander Tait Rev Moira Taylor-wintersgill Rev lain Telfer Mr John Telfer Rev lain Thomson Drjohn Thomson Rev lan Thorburn Rev Joan Thorne Rev Jeffrey Tippner Rev Paul van Sittert Rev Weikus Van Straaten Mr Alun Walker lappointed June 20231 Rev Christopher Wallace Rev Wlllam Wallace Mrlames Watson Revjohn Watson Mrs Linda Watt Mrs Kristina Watts (appointed June 20231 Mrs Audrey White lappointed September 2023} Mrs Karen Whyatt (appointed June 20231 Mrs Audrey Whyte lappointed June 20231 Rev David Whyte Mrs Katherine Williams Mr Eric Wilson Mrs Janet Wilson Mr Steven Wilson Mr Doug Winchester (resigned June 20231 Rev Kerr Wintersgill Rev James Wishart Rev Dr Donald Wood (appointed July 20231 Rev David Young Mrs Susan Zappert Page 15
The Presbytery of the North East and the Northern Isles, SC013064 TRUSTEES, REPORT Icontlnued) FOR THE YEAR ENDED 31 DECEMBER 2023 Reference and Administrative Information {Continued) Prlnclpal Office Bearers Moderator: Rev Stella Campbell (from 10 January 2023 until 15 June 20241 Rev Shuna Dicks (from 15 June 20241 Presbytery Clerk- Rev Elspeth McKay luntil 31 December 20231 Rev Stella Campbell (from l July 20241 Presbytery Clerk pro tem: Rev Sheila Kirk (from 10 January 2023 until 30 June 20231 Depute Clerks: Rev Hugh Conkey Ifrom 10 January 2023 until 17 June 20231 Ms Ruth Mackenzie Ifrom 17 June 20231 Mrs Eunlce Mcconnach (from 17 June 2023 until 15 June 20241 Treasurer: Mrs Elaine Adams Ifrom l January 2023 until 31 December 20231 Mrs Elaine Mitchell (from l January 20241 Princlpal Office Presbytery Offlce Suite 2, Ground Floor Ocean Spirit House West 31 Waterloo QL¢ay Aberdeen ABII 3PT Independent Examlner David Minett MA IHonsl CA James Milne Chartered Accountants 5 Bon Accord Square ABII 6XZ Bankers TSB St Nicholas Branch Aberdeen Bank of Scotland Upperkirkgate Branch Aberdeen Page 16
The Presbytery of the North East and the Northern Isles, 5C013064 Tru5tees' Responsibilities in Relation to the Financlal Statements The charitytrustees are responsible for preparing a trustees, annual report and financial statements in accordance wlth 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 financlal statements for each year which show a true and fair view of the state of affairs of the charity and of the income and expenditure of the charity for that period. In preparing the financial statements, the trustees are required to: select suitable accounilng policies and then apply them consistentlyi observe the method and principles in the applicable Charities SORP,. make judgements and estimates that are reasonable and prudent,. 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 statement5 on the going concern basis unless it is inappropriate to presume that the charity will continue in operational existence. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charlty's transactions and disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the linancial statements comply with the Charities and Trustee Investment (Scotlandl Act 2005 and the Charittes Accounts (Scotlandl Regulations 2006 las amended). They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the tharity and 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 otherjurisdictions. Approved by the Trustees and signed on thelr behalf, Signed: Dated.. 2 /A/i£ Rev Stella Campbell Presbytery Clerk Page 17
The Presbytery of the North East and the Northern Isles, SC013064 INDEPENDENT EXAMINERS REPORTTO THE TRUSTEES OF THE PRESBYTERYTHE NORTH EAST AND THE NORTHERN ISLES FOR THE YEAR ENDED 31 DECEMBER 2023 I report on the accounts of the charity for the year ended 31 December 2023 which are set out on pages 19 to 33. Respectlve respon5ibSlltle5 of trustees and examiner The charity's trustees are responsible for the preparation of the account5 in accordance with the terms of the Charities and Trustee Investment (Scotlandl 2005 Act and the Charities Accounts IScDtlandl Regulations 2006 las amended). The charity trustees consider that the audit requirement of Regulation 10111 lal to Icl of the Accounts Regulations does not apply. It Is my responsibility to examine the accounts as required under section 44111 Icl of the Act and to state whether particular matters have come to my attention. Basls of Independent examlnerfs st*ement My examination 15 carried out in accordance with Regulation 11 of the Charities Accourbts (Scotlandl Regulations 2006 las amended). An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It a150 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 examinews statement In the course of my examination, no matter has come to my attention which Elves me reasonable cause to believe that in any material respect the requlrements.. to keep accounting records in accordance with section 4411) lal of the 2005 Act and Regulation 4 of the 2006 AccoLtnts Regulatfons las amended), and to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulation5 las amended) have not been met, or 2. to whith, in my opinion, attention should be drawn in order to enable a proper understanding of the acco¢J ts to be reached. Signed.. Dated.. 6.1,I Davld Mlnett M (Honsl CA James Mllne Chartered Accountants 5 Bon Accord Square Aberdeen ABII 6XZ Page 18
Ik U U 14. U, D t> hh k Page 19
Balance Sheet At 31 December 2023 Total Funds 2023 Total Funds 2022 Note Fixed As5et$: Tangible Asset5 Inve5tment5 361,000 765,534 641,000 688,498 io Tot31 Flxed A5set5 1.126.534 1.329.498 CUent A5set5: Debtor5 Cash at Bank and in hand li 10.875 803,106 642.963 Total Current Assets 813.981 642,963 Llabllltles.. Creditors fallin8 due within one year 12 19,3061 Net Current Assets 804,675 642.963 Credltors falllng due after more than one year Provision for liabilities and charges due after more than one year 13 11.8001 11,8001 Net Assets 1.929.409 1,972,461 The Funds of the Charlty: 14 Endowment Funds Restricted Funds Designated Funds Unrestricted Funds 578,679 813,824 317.658 219,249 556,671 701,697 303.245 410,848 Total Charlty Funds 1.929,409 1.972.461 The accounts were approved by theTrustees and signed on thelr behalf on by.. Rev Stella Campbell Presbytery Clerk Rev Peter Johnston ConvenÈr of Business Commlttee Page 20
The Presbytery of the North East and the Northern Isles, SC013064 NOTES FORMING PARTOF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 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. Basls of preparation The linancial 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 IFRS1021 effective from l January 2019 and the Financial Reporting Standard applleable in the UK and Republic of Ireland IFRS1021, the Charities and Trustee Investment Iscotlandl Act 2005 and the Charities accounts (Scotlandl Regulations 2006 las amended). Fund accounting Funds are classilied as either restricted funds or unrestricted funds, detined 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 funds are funds which have been glven on the condition that the original capital sum Is not reduced, but the income there from is used for the purpose defined in accordante 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 adfflinistrative purpose only and does not legally restrict the trustees, discretion to apply the fund. Going concern The Trustees consider that there are no material uncertainttes about the ability of the Presbytery to continue for the foreseeable future, and therefore has adopted the going concern basis in preparing these financial statements. Recognltion of Income Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the itemlsl of income have been met, it is probable that the income will be received and the amount can be measured reliably. Donated servlces and laclllties Donated professional services and donated facilities are recognised as income when the charity has control over the item, any condition5 associated with the donated item have been met, the receipt of economic benefrt from the use by the charity of the item 15 probable and that economic benefit can be measured reliably. In accordance with the Charities SORP IFR51021 the general volunteer time of congregation members 15 not recognised. Page 21
The Presbytery of the North East and the Northern Isles, SC013064 NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Accounting Policies (Continued) On receipt, donated professional services and donated facllities 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 recelvable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity,. this is normally upon notiftcation of the interest paid or payable by the Bank. Recognition and allocation of expenditure Expenditure is included in the Statement of Fir)ancial Activities on an accruals basi5 and is recogni5ed when there Is a legal or constructive obligation to pay for expenditure. Fixed Assets The charity has the rlght to OCCL¢Py and use for Its charitable objects certain tangible lixed assets, including Property. vested in the Presbytery Trustees. No consideration is payable for the use of these assets. Expenditure incurred on the repair and maintenance of these assets is charged as resources expended in the Statement of Financlal Activities in the period in whlch the liablllty arlses. The only Fixed A55ets owned by the Charity are two Properties and these are included in the Accounts at Cost or Valuation. 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 gain5 and losses represent the difference between the proceeds on disposal and the market value at the start of the year or cost if purchased in the year. Taxation The Presbytery of the North East and the Northern Isles is recognised as a charity for the purposes of applicable taxation legislation and is therefore not subject to taxation on its charitable activities. The charity is not registered for VAT and resources expended therefore include irrecoverable input VAT. Debtors Trade and other debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid net of any discounts due. Credltors Creditors are normally recognised at their settlement amount after allowing for any trade discounts due Page 22
The Presbytery of the North East and the Northern Isles. SC013064 woooo 00 0000 0W www E> O C 000 00000 00000 Ooowo Page 23
The Presbytery of the North East and the Northern Isles, SC013064 Ifll 0ow0 000 ocooooc ooo¥o 0000 aoo 0000 wo O O uc>ooo O Q O C* O O 000 00000Wa ) w Page 24
The Presbytery of the North East and the Northern151es, SC013064 Notes formlng part of the Financial Statements For the Year Ended 31 December 2023 2023 2022 Stsff Costs and NMberS Salarles and Wa8e5 Employers NèiiDnal Insurance Conirfbutions Penslon ConlTibulion5 Death In Service C05t5 Apprent1 Levy L03,972 1,542 11,863 1,871 26,919 Total 119.327 26.gig Salary Cost5during 2023 included a 50%¢onlilbutlon iowaids the costsof the Prsbytéry 8uildln8 Officer The average nurnbErof employees durln8 the yeaf W3s ¥sfollows'. 2023 Nvmber 20Z2 Number Pre5byleryClèrk Oepule Clerk Administration Presbytery BulldlngOfFl¢erl50%Contrlbutlonl 0.50 3.50 No Employee had employee benefits In exces5 of £SO.(MYJ12022- nlll Trusiee Remunpratlon and Rel•ted PartyYran5actlot)5 Trusiee5who recelved remuneration lor Ihelrworkdurln8 Iheyear. togetherwith rewbursementof expEnsesand cGmpllance with the General Assembly Regulations, are as follows: 2023 2022 PresbyteryClerk- SaLiry, Employer5 Nl Contrlbutlons & Penslon Contrlbutkjns PresbyteryClerk- Expenses Presbyteryclerk pro ten)- Salaryi Employers Nl Coniriburions & Pensvjn Contributlons Presbyleryclerk pro tem- Expenses Presbytery Bulldlng Officer- Salary, Empkiyefs Nl Contrlbutions & Pension Contrlbuiions Presbytery Bulldlng Otficer- Expenses Depute PresbyteryClerk- sary, Employer5 Nl Coniribufions & Pension Contrlbullons 48,284 238 12,6C 7,189 539 29,170 4.660 14,313 90,080 26,919 During theyear, In addition to the 3 trustees noted abwe, a furlhtrr 11 trustee5Cefved reimbursemeni ofexpenses lthcurrpd totallln8 E4,68312022- 3 trustees toialling el,7261 No trustee oi a person related ID a trustee had any personal interest in èny contract oi transtion entered irnto by the charlly dtsringthe year. Page 25
The Presbytery of the North East and the Northern Isles, SC013064 Notes forming part of the Flnanclal Statements For the Year Ended 31 December 2023 Tanilble Flxed Assets Property Total Llnrestrlcted Endowment Funds Fund5 Cosil ftÈvaluaYon At l January 2023 Addrtions 641.0(X) 4(X),000 24L(KK> Los5 on ReVaIat1( 1280,(MM)I 1280,0(M)I At 310ecember2023 361.000 IZO,ODD 241,000 Atwmulated Depre¢l•iion Al lJanuary2023 tharge for Year Elimlnaied on Dlsposals At ai December 2023 Net Book Valu At 310ecember20ZJ 361.000 120.000 241.000 At 31 December 2022 641,000 400,000 241,000 Page 26
The Presbytery of the North East and the Northerntsles, SC013064 NotesformlnK p4rt ol the Flnanclal Statement5 Forthe Year Endert Jloecember ZO13 IsbhiÈnts 201 2011 DrfernbtrlU12 6UO9a Trin5fersfioM PwmeiPrtsb¥teTI UnT••lls•dGiknllLD55loRlftve51meDts 26.921 50.113 IkntV4lu•it31 DiiÈmbÈtlD23 765.534 6Èll.498 3911 386.116 2D23 AtC¢st 2022 Alcasl 2022 G•Mi•19uWf5 lQ.960 .520 5m5 10,519 1.7 4&DOt 41.504 20.52 1.7 09 5t.aErnent'5YouthFw Idden Potri Fur M•iBMtCHDrnltoneurswy Cl&tkBDrwy L•D8si•nèKlTkFd kDrn5tDll SofjrthlkM¥okhtlFu 1.162 3.330 1.79> &2.79d L117 G41 L576 129.ll31 49.995 1.576 2,180 165.742 51936 30.693 178.940 RobErtsoneeque51FvTrd 49.995 Tr4nrfÈtfln1fflerFTtIbyrtl Gener4lputpostslUFI.P115btryU1orkn¢¥ GnvTh1PI5ES. Aswm¢d JF.Pttsb¥tryul mDV skkSUppfvndlTra1lthm FuThdl-A&iir1edFfftd- PiestrrtntVofGoTd Mlnl&1Èi SupportFund-Re51n¢ttd Fund- PTesbyLeryoK&D 2a# io.uoz a94 14.505 aA98 Lzfjo £hW(hSttI1Id Irt¥FslWsTrM5t-lTh¢omftd KlFUnd MoiiiwThlWwL%Fvnd 333 5U.Z s39 4.155 S9 4A44 6&8P6 466È 4,255 Gl¢&rnstonSouthN&TpErPt&¢Fund GIcothslonS0ulh)4¢kCrShankFUr 5outhDt•Chur(Ip5Fund RDrtSDll FewES¢Fvnd U6 L2E4 t46 24992 L264 64.616 24.992 S437 23019 21215 E4uykn¥E5lminl> 12.YB5 JIB.6qJ 12.958 I17.3 MiiCA MllnÈ 250 39B.01 765W4 316,146 6A49t Page 27
The Presbytery of the North East and the Northern Isles, SC013064 Note5 fomlng part of the Flnanclal Statements Furthe Year Ended JI DÈ£4mbBr2023 IL Qbltsts 2011 ebior PrepllyThnt5&A((tL4d Intt¢n 3.gB7 75 Iz Crtdltori 2011 I9.) PTO¥151DThuWbkwts4d[hIlls1llinIu••l11ICrf•Ino¥1( kn¥ly¥l>¢lNEtA55¥tsknunsFund H9(1# EndrA¥Thnt Trt FdAlI¢S 120.wtr 2l3 241m) 151646 &61.LWJO 765.554 41474 Cur¢èrttAsMI 70.499 4.694 IBS.689 8D3.IQ6 17.607 11.8w) IL6821 P[Dw51{LuW%nd[h1f1I1rrfdwIft¢rMOtth7¢fteyer 118DOI N¢ta¥¢isatJlOÈtyhboi2aii 219.149 17A51 Bll.BZ4 571,679 1.519W9 Tol OD.r 241.rkn) i.sB6 611.QOD 158.gA7 377.773 144256 174. 612.963 -O•bl¢ri N4tAsi•ts•tS1 D4tombtrZDII 410.149 79? llliomfflDnyAihallCDn8TElatlS amdPréStÈétbItchu1¢hotsC0tIIhdthIPIIryOItorthEllttndIItsrt[$II5tlbthtsjntbhknffi1dWoltÈÈtt vthDityethelrtlffleand lalETht5vAllln8forthE benEltofihE p5[ry.1hll1$dPIWér11 Illèv¢hkhidvDhthÈiontTlbLrtknnoflte2TSEy1fi&v2d and muchDI 1e&wLrfdbE UDgW¢lorontlnuewieretnot[oilhEcMIIrnen15h[Vtt. Page 28
The Presbytery of the North East and the Northern Isles, SC013064 Noiesformlfi8 part of the Flnanclal statements Forthe YearÉndod 31 December2023 Atlknw4ry ZQ13 AtJIDithbtr lThtllm EKp•Trrfdlv 234 27,952 193.oao 42.19 2YJ5I PreVieeOrnkM1F11sl1w1pseryoForkry HDId1lInee1ca1ITPQSlFUdtdsTallseredmflEl ccountrt•st¢DVMdInloMireGTQWthFlllunll%hldbvF01 I11LntS Z4.953 Y•D4lbl•A%st 400.twyj 410.gia 126L1891 NiwPrnsbyteryFw InSELnt 503.24S 9,549 317.651 S1CknntsEffl••nCvFlb1kFth l•WkCirdin PlaceFurnd 56Z IIMEO J39. 81571 14M4B SA45 IiS.tM)] 5,382 399 Sludv14w¢Fthd 14.4SD 35.111 i) S.WF 32.794 IG.270 GlkrmllSuih6hlWotFthid I4.$ Is. Rob+dFVd Rvw.MwYWhrtlak¢rFtd PartyF¥-POityI1G0nprEstyBry 21.031 RfjbeFIJoTrS¢hhlpFuj-FmDltyP1w0 21.B43 213 1.102 Is 7Ql.$97 J2.7Ql c[5aryFl 7.6 11.545 J& mMatlFun MTsCAmifMl•4sl 75.2B4 76.723 3341 261 sefftpleF StClwTrlsfoiYoulhWQrfF L742 814 46 SklSupAvPurtd J*SSv4CM4rkleFvThd fj6 7lJ84 141.585 241 241Jthl 555.6 IL A,972A60 36J.SB4 1.9111Dg Page 29
The Presbytery of the North East and the Northern Isles, SC013064 Note$forrnlnB pari of the Flnanclal 5tstemert5 FoTthEYeii Ended 31 Deiernbet2023 low1tilFUth Alljwiry At31DeEEmbr Trts1 2012 ThllerS Ubmxl(1dFftdI 44.129 ¥.129 Q 411A16 0 44A$I Q 14ev¢Pte5WqryFund 19.a65 11.150 11412 2I,13P 154917 tmin15 119.15 197.4QZ le>lrt¢te4Fyrydy lQ.177 151.249 74 hlqhuIFcathnPLIE4Fd stULlFnd DÈvekVrnent2E1FUlld CWviseasFufftd .590 g.lu FUTr 9,VlQ souihtreeIih1SFUd 9>17 Ji.82 Inw5tmnt5 J7P.?7a 7OL69F 1447111 ClkBu¢srrfFL HAMUt0 Idd¢oP¢oiFynd Dr.LttlsFa 7.637 1.250 12.545 7S,I MordsonuNd npkFund 15fj SlckSupptyFund I.IB3 64.107 66M79 141 141.5BO 569.389 tol¥lFvr L97ZA61 I,U35.$5 L971H81 176.716 trl•d 552.158 217J61. Page 30
The Presbytery of the North East and the Northern Isles, SC013064 Movement In Funds {Continued) Purposes of Funds- Bursarles and Fund5 Purposes of Unrestricted Funds Presbytery Fund- Income is derived malnly from annual assessments on congregations. Expenditure is devoted to the administration costs of Presbytery. New Presbytery Fund- The Fund is set aside for future new Presbytery Staff and related Expenditure. Miss Michie Bequest-The bequest to Presbytery was for general purposes. The income is from investments while grants, made by Presbytery, constitute the expenditure. Presbytery has allocated this to the Designated Fund. Purposes of Restricted Funds St Clements Emergency Fabrlc Fund- The Fund was received from St Clements Church on its dissolution. Grant5 or loans from the Fund are made to congregatior15 faced with sudden fabric emergencies and inadequate funds to meet urgent repairs. Melvllle Carden Place Fund The Fund was reteived from Melville Carden pla Church prior to union wlth Queens Cross Church and was designated for "church extension" purposes. The Fund has been redesignated and the purpose is now'suppothng the development of new congregations and Ministries" Langstane Kirk Fund - The Fund was received from Langstane Kirk on its dissolution. The Fund wa5 intended to further that congreEation's concern to introduce some kind of additional City Centre Ministry / project within a certain period, after which Presbytery may redesignate the purpose. It is still intended for mission in the City Centre. Applications can be made in April and November. Study Leave Fund - The Fund was created when presbytery introduced its own study leave programme prior to the Implementation of the natfonal stheme. It can be used for the costs of training conferences, etc. organised by the Ministry Committee. Congregatlonal Mlssion Development Prolects Fund This Fund is intended to support congregations in the setting up of new mission orientated initiatives and projects. Applications for use of this fund should be made to the Convener for Resources for Mission and Training. Overseas Fund- Income is derived from annual appeals to congregations from the World Church Committee and disbursements are made to the World Mission cause designated for the year. Crown Street Property Fund - The capital for the Crown Street Property Fund is the result of the proceeds of liquidation of the former Crown Street Alcohol Centre. It is used for general expenses in connection with the property. Prayer Materlal Fund- £1,000 was gifted to be used for paying expenses incurred In the preparation and creation of prayer materials. Gllcomston South (Fabric) - Money transferred from the dissolution of Gilcomston South Parish Church to be used for property related costs for the former church until it is sold. Once sold, any remainin8 funds can be use(1 to provide grant assistance to £ongregation5 which become responsible for the parochial area of Gilcomston South once Parish boundaries have been determined. Gllcomston South (Benevolent) - Thi5 money is being held by the Presbytery, on a temporary basis, but is to be allocated, at a later date, to any congregation which becomes responsible for the parochial area of Gilcomston South once Parish Boundaries have been determined. Page 31
The Presbytery of the North East and the Northern Isles, SC013064 Movement in Funds {Continuedl Purposes of Funds - Bursaries and Funds South Dee Churches Fund - The Fund was received following the dissolution of Cove Parish Church. to be used for the purpose of Ministry and Mission in the parishes to the South of the River Dee. Robertson Bequest Fund-The bequest to the presbytery was of a flat at 348 Hilton Drive. This property was sold, and the proceed invested to create a Fund to support candidates, wlthin the Presbytery, in tralning for all forms of Ministry who may need support to pay for their accommodation. Rev. Mary Whittaker Fund-This Fund is to assist in the Ministry for the Deaf in Aberdeen and North East Scotland. In addition, further Restricted Funds have been transferred from the former Presbyteries as follows: Transferred from Gordon Presbytery.. Bursary Fund Property Fund Transferred from Moray Presbytery: Moderator Visiting Fund Robertson Scholarship Fund Survey Fund Third Party Holding Account5 Transferred from Kincardlne & Deeslde Presbyteyy Moderatorial Visit Fund Ministry Support Fund In Service Training Special Projects Account Further work requires to be undertaken to establish the purpose of these Funds and to determine whether these Funds can be amalgamated with existing Funds held. Purposes of Endowment Funds Hidden Poor Fund- The Fund originated In a legaty from Miss Rattray to which was added other donations all to meet cases of poverty which may be hidden / not covered by other charitable sources. The recipient and amounts remain hidden. Ministers and office bearers may make recommendations to the Presbytery Clerk and Treasltrer. Dr Lewis Fund- The Lewis Fund is used for the relief of poverty within the Presbytery. J & M Mackle Fund- Income is derlved from Investments and disbursements are made to local Eventide Homes in order to provide, specilically, 'additional comforts for the residents" in these homes. Mrs C A Mllne Beque5t-The bequest was intended to enable Presbytery to provide or assist a hobbies centre for the elderly. Morrlson Fund Income from investments with expenditure used for ministerial education and spiritual purposes. Semple Fund- The investment income for thls Fund is designated to augment the Presbytery Clerk's salary. Movement in Funds (Continued) Page 32
The Presbytery of the North East and the Northern Isles, SC013064 Purposes of Endowment Funds {continuedl St Clement's Fund for Youth Work Several bequests to St Clement's Church for its youth work have been combined in this Fund and were transferred to Presbytery, on the dissolution of the congregation, to be designated for youth work withln the bounds {e.g., Faith in the Parkl. Wllken Fund- The income in this Fund is designated for temperance and moral welfare projects. Applications or recommendations for use of these funds may be made to the Presbytery Clerk or Treasurer. Sick Supply Fund - The Fund predates current arrangements for providing pulpit supply in case5 of sickness and 15 now expended from time to time to enable recuperation. Miss Jessie Mackie Bequest- The bequest to Presbytery was of 9 Craigton Avenue - to be used by a minister or other agent of the church. This property was sold and a flat at 9 Cromwell Court purchased with the approval of OSCR. Income is derived from the rent and expenditure is put to maintaining the property. In addition, further Endowment Funds have been transferred from the former Klncardine & Deeside Presbytery as follows.. The Glen Fund The Martin Trust Further work requires to be undertaken to establish the purpose of these Endowment Funds to ensure these Funds are utilised as intended. Bursaries The Presbytery has in its gift two Bursaries. The Clark Bursary for an accepted Candidate for the Mlnlstry of the Church of Scotland whose studies for the ministry are pursued at Aberdeen University. The Hamllton Bursary 15 for any student at Aberdeen University intending, on graduation, to serve overseas under the Church of Scotland Board at World Mission or with some other Overseas Mission agency approved by the Committee (failing whom- an accepted candidate for the ministry of the Church of Scotland whose studies for the ministry are pursued at Aberdeen University). Fuller details are available from the Presbytery Clerk. Page 33
The Presbytery of the North East and the Northern Isles, SC013064 APPENDIX FUND5 HELD ON BEHALF OF THE PRESBVTERY WITHIN ThE CONSOLIDATED FABRIC FUND BY THE CHURCH OF SCOTLAND GENERAL TRUSTEES YEAR ENDED 31 DECEMBER 2023 Z023 2022 GAMRIE FUIID.. CONSOLIOATEO FABRIC FUPIDIiEVENUE Credll B3bnre5 at 31 De(Èmbe¥ INDIVIDUAL FUNDS REVENUE Credlt Balance held1Tr1nd1dUl FuDds ReVee 3t31 DÈcembÈr 9.717 7.886 INDIVIDUAL FVNDSCAprrAi CiÉdlt Balance hekl In I1vIdUal FundsCapStHI at 31 December 85,869 85,U69 The above balance5 held within the Con501idèted Fabrie Fund relaleto balances held by the lormei Presbytervof Buchan Page 34