THE CHURCH OF SCOTLAND KILMUIR AND LOGIE EASTER CHURCH RECEIPTS AND PAYMENTS ACCOUNTS 2024 Congregation No: 392233 Charity No: SC013375 Reference and Administration Information Charlty Name Kilmuir and Lo8le Easter Church of Scotland Charity Re8lstrailon Number SC013375 Congregation Reference No: 392233 Contart name and addiess.. Ina MatDougall, Kohima, Scotsburn Road. Kildary IV18 ONX TRUSTEES Mlnlster.. Ri'v A115triir John Dfunimond Kirk Session: Congregational Board: Principal Office-bearers: Minister.. Session Clerk.. Clerk to the Boarcl.. Church Treasurer.. Independent Examiner.. Bankers: Virgin Money. IS Academy Street, Inverness, IVI IIN Trustees Annual Report Year ended 31 December 2024 Structure. Governance and Managernent Governin8 Document The Church Is administered in accordance with the terms of ihe Model Deed of Constrtution. Recruitment and Appointment ot Trustees Members of ihe Kiik Session and the Congregational Board are the charity trustees. The Kirk Session Members ale the elders of the church and are chosen from those mefflbers of the Church who are considered to have the appropriate gifts and skills. The Minister. who is 3 member ol the Kirk Se5510n, is elected by the conBreEaiion and inducted by Presbytery. The Congregational Board is appointed from WTthin the congregation and member5 of the congregation are invjted lo nominate individuals who are believed to have the skills and commitment io contribute to the management affairs of the Church, to become members of the Board. Board Members are then appOI￿ted at the Stated Annual Meeting and serve for a period of three years after which they Must seek re-election at the nexi Stated Annual Meeting. Organisational Structure The Congregational Board is chaired by the Minister and meets at approximately two-monthly intervals. Certain responsibilities are delegated. principally io ihe Treasurer. the Property Convenor and the Malawi Twinning Sub-committee. The Kirk Se5510n which meets at similar intervals. is responsible for spiritual affairs within the Church. Objectlves and Artivities The Church of Scotland is Trinitarian in doctrine. Reformed in tradition and Presbyterian in policy. It ÈX151s to glorify God and to work for the advancemeni of Christ's Kingdom throughout the world. As a national Church. it acknowledges the distinrtive call and duiv io bring ihe ordinances of religion to the people in every parish of Scotland through a territorial ministry. It co-operale5 Wlth other Churches in various ecumenical Ix)dies in Scotland and beyond. Kilmuir and Logie Easter Church of Scotland holds a weekly Sunday Morning Service. which on foLJf occasions each year includes the Sacrament of Holy Communion. Other services of worship occur at times such bs Christmas, Holy Week, World Day of Prayer etc. Achievements and Performance Sunday worship is at 11 am, and members of the congregaiion regularly participate in leading the service. During 2024 leve15 of attendance al Sunday morning worship have returned to pre Covid, with our average attendance being around 35. We offer an online SeTh￿e through Fècebook and issue 3 weekly Service sheet. We continue to ofter 'Bfeakf3st Church. at the Mercat Centre in Milion. provlding a more infoimal format of worship and outreach to ihe community. Durlng the summer months we have also had evening services. A prayer/5tudy group meet In person to discuss a variety of Bible related and current affair5 tOPlC5 pre-Chri51rnas nd during Lent. Our congregation Eains a great deal of pride in our long-established twinnrng partnership with a school and congregation in the rural nonh ol Malawi. This twinning has allowed exchange visits over the years. We have continued financial and prayer 5UPPQrt through thi5 final year of the twinnin8. The congregation supports the work of Blyihswood. paniculafly the Highland Food Bank, and also raises fund5 for several other charitable bodies. which in 2024 included Christian Aid, Poppy Scoiland and our Christma5 collection was for a local Highland Charrty. We also have our own singing group, the Kroakers, and as a group we welcome singers of all abilities as the empha51s is as much on fellowship as singing and piovides extra music at Chri5tma5 and Easter. Financial Review Our principal 50urte of income is received ihrough ihe Weekly Freewill OfFerin8 Scheme, the open plate collection and most significantly through standing orders las a result of member5 of the congregation switchin8 their mode of contribuling following Covidl. Our total receipts for the year were £41,297 compared to £52,314 in 2023 difference mainly being a one year Gift Aid claim of £3.922 in 2024 and a three years claim of £12,599 in 2023. We have managed to maintain a positive balance in our account thus ensuring uninterrypted regular payments for ministry costs. Reserves Policy It is the Tiusiees, policy to hold surficient reserves to ensure our obligations are met prompt￿, Including regular payments for the maintenance of the ministry. at Jll times ol the year èlthough our receipts and payments t3n fluctuate from month to monih. The Congregational Board $5 keeping the situation under continuing review. At the year end the congregaiion held unrestricied funds of around £45.642 which h35 enabled u5 to meet all our requirements We sold the Manse during the year IM3rch 20241. W were able to pay for some repair5 to the manse and the church without dipping inio our reserves. Our aim remain5 to Sustain a regular income sufficient to meet our regular costs whilst developing our ability io raise funds for any challenges or opportunities that may come our way. Trustees. Annual Report (cont} Year ended 31 December 2024 Statement of the Trustees. Responsibilities The member5 of the Kirk Sessionlcongregational Board must prepare financial statements which give suff icient detail to enable an appreciation of the transactions of the Church during the financial year. The members of the Kirk Sessionlcongregational Board are re5pon5ible for keeping proper accounting records which, on request, must refleit the finaniial position of the Church at that time. This must be done to ensure thai the financial statements comply with the Charities and Trustee Investment (Scotland Act 2(K)5. the Charities Accounts IScotl3ndl Regulations 2CO6 and the Regulation5 Anent Congregational Finance approved by the General Assembly of the Church of Scotland In 2(X)7. They are also responsible for safeguarding the assets of the Church and must take reasonable steps for the prevention and/or detection of fraud and other irregularitie5. Approved by the Trustees and siRned on their behalf. SLS&.uI'. L.¢.'.% Date.. Independent Examiner's Report to the Trustees of Kilmuir and Logie Easter Church I report on the aicounts of the charity for the year ended 31 December 2024 Respertive responsibilities of trustees and examiner The charrty's trustees are responsrble for the preparalion of the accounts In accordance with the tefm5 of the Charit1es and TTUStee Investment lscotland Act 2(M)5 and the Ch3rrtie5 Accounts Istotlèndl Regijlations 2006. The charity trusiees conssder that the audit requirement of Regulation 10111 Idl of the Accounts Regulations does rot apply It Is my responsibility to examine the accounts as required under section 4411) Icl of the Act to state whether particular matter5 have come to rny attention. Basis of independent examinerfs ststement My examination is carried out in accordance wrth Regulation5 11 of the Charities Account5 15coilandl Regulation5 21)06. An examination includes a ￿VIeW of the accounting records kept by the charity and a comparison of ihe accounts presented wilh those records. 11 also Iniludes con5Kleralion of any unuSLJal item5 gr d15c105ures In the accounts, and seeks explanations from the trustees concerning any such marters. The procedures undertaken do noi provide all ihe evidence that would be required in an audit, and consequently I do not express an audit opinion on the vlew given by the accounts. Independent examinerfs statement In the tour5e of my examination of ihe siatement of accounts for the year ended 31 December 2024. no matter has tome to my attention.. l. which gives me ￿aSonable cause to believe that In arty material respeci the reouiremeni= to keep accounting records in accordance wrth Sertion 44111 lal of the 2￿5 Act and Regulaiion 4 of the 2006 accounts Regulations. and to prepare accounts which aicord with the accouniin8 records and comply with Regulation 9 of the 2006 accounts regulètions have not been met. or 2. to which, in my opinion. attention should be drawn In order to enable a proper understanding of the accounts to be reached. Name". S%ned.. Addres,. Dale-. Kilmuir and Lo ie Easter Recei ts and Pa ments Account Year ended 31 December 2024 Unr*strict*d Funds Atstritted Endowmtnt Funds Funds Total Total 2024 2024 2024 2024 2023 Note Donations 27,392.11 1,682.60 29,074.71 40,394.26 Legacies Bank and Deposit inierest Investment Income 1.072.26 72 58.71 1.130.97 839.20 31.044.88 1.039 05 714.06 29.190.41 1,854.47 42.147.37 Rental ol prernises Sale ol a55ets Sale ol investments Grants Receipts from General Tru5tee5 Activilies lor Generating Funds Other Receipt5 5,327.19 2, 169 10 80.97 5,327.19 2,169.10 24. 2.180.70 43.89 Total Rec Payments Costs of generating funds Charitable Activitles Governance costs 290.63 206.43 33, 162.09 27,047. 15 50.00 6.760.24 33,807.39 50.00 Extessldeficit Kilmuir and Logie Easter 392233 Statement of Balances At 31 December 2024 Unrestricled Re5trlded Endowment Funds Funds Fund5 Total Total 2024 2014 2024 2024 2023 Bank and De osit Balances Bank and Deposit 8alances brought forward 33,171.90 9,123.08 42,294.98 23.006.18 Movement in year: ExcesslDeficii lor year 12.470.52 -5,152.51 7,318.01 19,288.80 Bank and De 05it Balances carried forward 45.642.42 3,970.57 49,612.99 42,294.98 Investment at market ¥alu (Cost£ Capital 46.974.89 Growth Funds 17.799 981 573,447.05 300,994.15 Assets Llabilltles The account5 were approved by the Kirk Session and Financial BoaTd on For and nn hphalf ol thp Kirk Session and Finanrial Board Session Clerk Treasurer Kilmuir and Logie Easter Statement of Balances Notes to the Accounts l. Trustee Remuneration and Related Party Transartions No trusiee received any remuneration or reimbursement ol eMpen5es during the year. No trustee or a person related io a trustee had any personal interest in any contract or iransaciion enteied Jnto by the charity dunng ihe year. 2. Movements in Funds AtlJ3n At 31 Dec 2023 2025 Receipts Payments Transfers Unrestricted Funds General Fund 45.642.42 39.658.30 27.187.78 33,171.90 RestrScted Funds Yourig Church Charitie5 0.97 1.638.71 168 05 1.374.10 1.638.71 200 00 3.747.43 6 960.24 1.373.13 MLJnro Fund Malawi/Mtende 3.970.57 4,002.52 3,747.43 9 123.08 3 970.57 1807.73 Young Church Account closed as Pass Book was lost and monies transferred to General Fund. Any money required for Young Church activites will be drawn Ifom General fund. Munro Fund Account is held by ihe Minisier and at hbs discretion monies are used for the less fortunaie of Lhe Community. Malawi Fund- see Note 7 Unre5trirted Restritted Endowment Funds Funds Fund5 2024 2024 2024 Total 2024 Total 2023 3. Analysis ol Donations WFO Scheme (non Gift Aid) Gift Aid Donations Tax Recovered on Gift Aid Donations Ordinary offering (Open Platel Investments Bank and Deposlt Interest Gift Day and Donations Charities 4,925.30 13.683.81 3.922 19 3.634.71 726.04 1,072.26 1.226.10 4,925.30 13.683.81 20,356.43 3.922.19 12,599.75 3,634.71 4,391.28 839.20 714.06 1.130.97 1,039.05 1.226.10 2,002.00 1.638.71 1.044.80 31 CX)0.99 42 147.37 113.16 58.71 1.638.71 1810.58 29 190.41 4. Analysis ol Other Income Fund Raising Transfer from Young Church Alc Receipts from General TTUStees Funerals Tea5/cafe Other Receipts 2,169.10 1,374.10 5,327.19 495.(X) 491.IKI 520.87 39 567.67 2,169.10 1.374.10 5,327.19 495.00 491.00 6D8.65 8,379.25 41466.03 52 707.32 2.180.70 87.78 1898.36 5. Analysis of Payments Charitable allivities Minisiries & Mission Allowance Presbytery Dues Min15ter's Expenses Fabric Repairs & maintenance Council Tam Heat and Light Insurance Printin8. stationery & postage Youn8 Church Transfer Charities Malèwi - Mtende Teaslcafe Other expenses 13,458.lY) 166.00 2.823.15 1.512.60 3.100.77 3.297.06 1.188.73 85.46 13,458.00 16,782.00 166.00 1,129.40 2.823.15 3,638.26 1,512.60 1,976.76 3.1(Kl.77 2,589 57 3,297.06 2,068.93 1.188.73 1,390.69 85.46 1.374.10 1.638.71 3.747.43 1,374.10 1,638.71 3.747.43 432.71 1,273.30 2,775.50 34 098.02 33 368.52 1,017.41 432.71 982.67 27 047.15 290 63 7 050.87 Governance Costs Independent examiner's gift 50. 50.00 50.00 io 6. Minister'5 Sti￿nd All Church of Scoiland congre8ations contribute to the National Slipend Fund which bears the costs ol all ministers, stipènds and employer's contributbons fof naiional insurance, pension and housing and loan fund. Minister5. Stipends are paid in accordance. for the year under review a Minimum Stik*nd 01 £3 1,642, and Maximum Stipend in 5th and subsequent years of Servicè £38.884. 2024 2023 7. Collèctlons for Thlrd Partles Tarbat Heriiage Christian Aid Cr055reach Poppy Scotland 81ood Bikes New Start Highland Ro8er Jones Musical Show James Support 80.00 526.00 417.25 70.46 545. 55. 150.30 281.11 283. 248 CK) 1,017.41 1.638.71 Mtende- Malawi Funds 3.747 43 5,386.14 * Malawi Fund was collt