2024-12-31-accounts

Culbokie and Munlochy Church of Scotland Financial Statement Year ending December 31, 2024 Church Reference Number. 422331 Scotljsh Charlty Number. SC013643 Il>okl8 and Munl¢Khy 2024: Churdi R•f 422Jg1. Scott15h CharltySC013643 Page I

Reference and admlnlstrative informatlon Charlty narne: Charfty re8lstratlon No: Con8re8atlon reference No: Contatt addre5S: Culbokle and Munlothy Church of Scotland SC013643 422331 Iprevlously 392218 and 392213) Moorvale, Statlon Road, Conon Brld8e, IV7 &4A Truste•s Elders Prfncipal Offlce B•areTJ Mlnlster Sesslon aerk Church Treasurer. * Employed under Artlde 6, Act1111994I General Assembly las amended by Act Vlll12008)). Ind•p•nd•nt Examlner Bankers Vlrgln Money• 15 Academy Street, Inverness, IVI UN RBS, Business Bankin& Dlngwall Hi8h 5t, Dinwall. IV15 9VF Trustees, Re ort forthe ear endln December 31 2024 Strncthrep governance and D￿na8¢m¢llt The Church is administered In accordance wtth the Deed of Constltutlon Members of the Klrk Sesslon are the Charlty Tru¥cees. The ￿rk Se5slon members are the elders of the church, chosen from those church members who are consldered to have the approprlate 81fts and sklllk The MlnlsteT, who 15 a de fvrto member of the Kirk Se5siofi, is elected by the congregation and inducted b Presb of Clelr Ellean I hlands and Hebrides). We would Ilke to slncerely thank or thelr tlme 45 Elders, and for all of thelr servlce to the church over many years, they have resigned as of 31# December 20X We would also Ilke to slncerely thank Shona Halle for her many years as Treasurer and for the smooth handoverof the flnances. Oryanls8tlon•l struLlure The Kirk Session, which meets regularly. Is now respon51ble for both the splrltual and prattical affalrs w5thln the church. The new Team structure, to asslst wlth thls, has been underway 51nce March 2013. On 7th September 2024 the former parfshes of Resolls and Urquhart (conBreBational reference 392218) and Knockbain (ref 392213) unlted to form the new Parlsh of Culbokle and Munlothy (ref It￿k10 and Munlochy 20X. Church Ref 422331. Scotthh Charfty SC1113643 P•2

4223311, with the two Klrk Sessions and also the finandal a55ets also combinin& and Reverend Terrance Burns confirmgd as the Mlnlster of the new Parlsh. Oblecttves and artlvltles The Church of Scotland Is Trlnltarlan in doctrlne, Reformed In tradition and Presbyterfan In pollty. It exists to Blorlfy G¢xl and advance Chrlsvs kingdom throughout the world. As a national church, It acknowledges a distinctive call and duty to brfng the ordlnances of rell8lDn to the people of every parlsh of Scotland throu8h a terrltorlal mSnlstry. It cO￿perate$ wlth other thurches in varlous ecumenlcal bodles in Scotland and beyond. Sunday services are supplemented by cornmunlon servlces, mldweek blble studles and prnyer meetin85. Church volunteers also run a weekly communlty café and Month￿ soup lunch, fortnlghtty Sunday School. 8 monthly Women's Fellowshlp Broup. and Frlendship 8roup for the wider cornmunty, a Scripture Unlon Club at the local school. and are active in partlcipatln8 In worshlp servlce5. All Elders and actlve members have been throu8h the recent updated Church of Scotland Safe8uardlng courses In relatlon to thelr post and Involvement In the chU￿h, Achlevernents and Perfonnance Members of the con8re8ation support the work of Blythswood wlth foodbank and monetary donatlons. The con8regation have welojmed new mernbers who have moved into the vlllage following house bulldlng projects. The con8re8atlon may be older butls stlll actlve In church IFfe. There15 deslre to attract younger rnembersto church lffe. It Is recognlsed that the outreach work al church café attrarts younger parents and children. Hopefully, as Sunday school resumes and the re.establlshed Ilnk wlth the local Prlmary sthool wlll see younger people Jolnlng worshlp. The Church Centre acts as a sprln8board for communlty outreach, The café and monthly soup lunch continue to provlde an effective polntof contact and a much needed vlllage amenlty. Durlng 2024. the rnaln sources of income ￿￿re donations of £34,17812023 £27,470>. It is positive that Recelpts exceeded payments over the year by £13,346. (Receipt5 exceeded Payments bv £7,961 In 20231. There was also £22,417 transferred from Kn¢xkbaln Parlsh Church as we enter Union. HMRC GIftAid and GASDS were claimed in 2024, which was £6,969foryear to April 2024, wlth eharitable events Income of £14,53912023 £14,242}, and Use of PremSse$ income was £1,947. Ihe total Income £57,633 covered Cost of Charltable Activities regular costs of £44,287. There was no Capltal Expendlture in 2024. The Women's Fellowship also raised £624 which was then donated to Scrlpture Unlon - Althacrkhe, Mar¢s Meals, Scottlsh Blble Soclety Bibles for Bairns, Mission Aviation Fellowship, Cr055 Reach, Tearfund and Leprosy Mlssion. Wlthln these funds, the re8ular organist fees of £4,150 has been ringfenced toward5 the purchase of a new organ In the future. Reserves pollcy The Tru5teeg pollcy Is to hold slx month5, reserve in unrestrlrted funds. The centrally-held Consolidated Unlt Fund contains three months, reserve, the balance Is held in the General Fund. Statement of tnistees. responsibllities The Klrk Sesslon must prepare flnanclal statements whlch glve sufflclent detall to enable an appreaatlon of the transactions of the thurch durin8 the flnanclal year. The Klrk Sesslon Is Culbokl• and Munloclry 2024: Cl￿rch Ref 422331. Scottlsh Charlty SC01364J

responslble for keeplng proper accountlr18 recoids whlch, on r8que5t, must reflect the flnanclal posltlon of the Church at that time. Th15 must be done to ensure that the tlnanclal statements cornply with the Charltles and Trustee Investment (Scotland) Act 2005. the tharttles Ac£ounts {Scotland) Regulations 2006 and the Re￿latIonS Anent Congre8atlonal Flnance approved by the General Assembly of the Church of Scotland In 21)07. The sesslon Is also re5ponslble for safeguarding the assets of the church and must take reasonable steps to prevent or detect fraud and other Irregularftles. Followlng the move to a Unltary Modes Constitutlon, the Board ceased to e￿SL and the Klrk Session assumed the respon51bllltles ol both splrltual and temporal matters of the thurch. Members of the congregatlon contlnue to be In the process of Jolnln8 team5 to further support the temporal work of the churth. CulbJkl• and Munlochy 2fa4: Clwrth R•f 412JJl. 5￿tuth thartty SC013641 P¥e4

Statement of Recei its and Pavments for the ear ended December 31 2024 TrAI CuirintTh PThvlgwY•¥. Vund• Vc4uniti i 24 17TJts £ $4171A. t 27WJ 14,SX19 14ts.19 £ 1127Q £ 1,W Th￿￿K￿DM Fu￿j Yd 410.n rthi 4• P•yrn41111 Ca. i urrtA 21QSg t 43.210J3 Jg822.10 1UO .ZD7m £ ¥71US É aJ,T12AJ £ 411.18 Statement of Balances for the ear ended December 31 2024 Unr•rfrfEknJ A•trfEknd FundB Tot•1 8•l•n¢••tat•fvtllr 714QIA1 £ .21 £ o¥. TrnrrfknrLUr&)n ￿n( 2a41&7e t2,41fj. £10B,164th £ 2,M4) £ 111,493.M 1 74720.21 Iwmtr￿Fund il IVArtMtV•kn• 992.43 £ The explanatory notes on page5 6 and 7 form an Integral part of these accounts th These accounts were approved by the Klrk Session on 25 February 2025 For and on behall of the Klrk Sesslon. CA41bDkle and Munlochy 2024: Church Rof 421331. 5¢1)tU$h Charfty SC013643 Pay5

Notes to the accounts for ear ended December 31 2024 l. Basts of accountlng These accounts have been prepared on a rerxipts and payments basls In accordance wfth the Charities & Trustee Imiestment (Scotlandl Act 2DJ5 and th• Charltles Accounts (Scotland) Re8ulatlon5 2006 las amended). 2. Plature and pUry￿se of fund The General Fund Is unre5trlcted, for use * the truste￿ dlscretlon for any church purposes. The Fabrlc Fund15 festrlcted, for equlppln8 and maintaining church property. The Glfts Fund, also restricted, conveys specfflc grants to mlsslon, rellef and wmmunity projects, normally passlng on donatlon5 5pecbfiolly taken up for thelr support. 3. Trn5tve Remuneration None. 4. Minists￿8 Stlpend All Church of Scotland Conrnatlons contrlbute to the Natlonal 5tlpend Fund Ithrou8h the Mlnlstrles and Mlsslon Allocatlon) wthlth bears the c05t5 of rninisterg stipends and emplt)yer contrlbutlon5 br national Insurance, pension. and housln8 and loan fund. The mlnlmum 5tlpeTrd In 202415 £3L642. the maxlmum stlpend in 2024 is £38.884. 5. Ana]ysls of tncome 743110 11a4Q £ I,W.10 7MQXJ 1911D.flJ Tf1N £ •gBJ.B5 £ $fftAI wjihxd t S 709.&9 I4￿10 £ 142 1947.CQ 44111.71 6. CApltol expenses There was no Capftal Expendlture In 2024, Culboklo and Munlochy 2024: thurch Rel 412331. kotush Chlrlty sc01364S Pa8• 6

1. Charitable actlyitles Year Ended 31rt December 2024 Pur 194*7T £ thirrnil Y•Jr Chutth C4Thtr•.' Nrfflb7j 8117.4LI ¢I￿ts.￿1n￿j fftvm Cttynury 1fAOF £ 1,MO.O7 £ fj ￿.4T 1 Ole.4T LopJmrt •nd Gmnii to Qrow 17.31&41 £ 3B £ 17,31i41 £ JJ £ 16743.UD I4￿10 1 X&T8 36274 I7￿75 £ 17CTS 4121thSJ 'EXPen￿ shared wlth Cromarty parish
2. Movements between accounts durlng 2024 o3loJl&V4 7,444 £2&951 £5970 £5U61 £22.417 £47 TThn5knuf Unlon B•lw(* £0 122N17 £22AI7 11(4115 É2J £0 4Jii no 11417 111
3. Summary of accounts held by, and tentrally on behalf of, Culbokle and Munlochy A. Funds admlnlstered Culbokle and Munlothy Parlsh Church General fund held locally at Inr8ln Money Bank General fund held locally at Royal Bank of Scotland Restricted fund held locally at Virgin Money Bank Restrirted fvnd held lo¢ally at Virgin Money Bank General fund held locally at Royal Bank of Scotland IKnockb3inl Islernd on b•half of th• ¢onsrq•tlon by th• Church of Scotland Fabrlc Fund held centrally by the Church's Investors Trust Culbokle and Munlochy 2024: Clwrch Ref 422331. Scottlsh Charlty SC013643 PaBO 7

Independent Examiner’s Report to the Trustees of Culbokie and Munlochy Church of Scotland. Charity Number SC013643

I have prepared my report on the accounts of the charity for the year ended 31st December 2024.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.

Basis of independent examiner’s statement

My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also 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 examiner’s statement

In the course of my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect the requirements:

• to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations

• to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations

have not been met, or to which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached.

93 Suilven Way Inverness, IV3 8PE Company No. SC673658

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