Charity re8iStrdlson number,. SCOI 3787 Christ Church, Lochgilphead Annual Rewin and Tr inanLldl Siaiements lor the Year Ended 30 September 2024
Christ Church. LochgilpheAd Contents {eontinued) Reference and Administrativ¢ Detail$ 'rrusiees' Repon ?to4 Siaiemeni of Trusiees. R¢5pon$ibilities Independeni Examiner'% Report 6107 Statement of frinancial Activiiies 8109 Balance Shtti 10 Noies 10 the Financial .Si8iemenis
Christ Church. Loch%ilphcad Reference 4dmini*lr%tiTre Detail Trujttts Chxritv Regislr•lion Number Principal Offlce Bishopton Road L(Khgilph¢ad IndepcndrTh¢ Examiner Bgnk¢rs tch81]phe1 Pas¢ I
Christ Cbureh, Loch%ilphead Trustees, Report The trusiees preseni the annual report 108ether with the financial ements of the charity for the year ended 30 September 2024. Objeetlves and Activltles Objects olnLS Th¢ (Trbj¢ctiVCs of the Church is lo advJn¢¢ th¢ mission of the Christian Church through worship. s¢r¥i¢¢ and fellowship. Caled oui ihrou8h mission and pasioral adivili¢s. Thc prin¢ipfyl activities of ihe Church are publi worship. and th¢ sphritual ¢kvclopm¢ni of its members. i)onaiions aTC regularl> made io charlbI¢ caits¢s that provid¢ llerTIS to disadvanthged individua15 comrnuniiies in Scoiland the resi of ihe United Kingdom. and also ovcrs¢as. In chrying its objeciives. the vestry depends urrfjn the contribuiions. both human and Mtrial. of volunteeTS, Aciiviiies carried out include coniribuiions preparaiory 10 and during WOTShip, through group aciiviiies. Ihe maintenance uf fabric and miseS. and a Variety of pasioral and %i)cial aciiviiie4. The contribution$ 811 highly valued and all members of the congre8aiion are encournged io p8rtitipat¢ in them. Page 2
Chris¢ Chur¢b. Lochgilphd Trustees, Report (contiDu¢d) ObJedlvu,.¥ir41eRkn andartlwTrfes ntInU in IKISI as Priest in Lharge of Chrisi Chwch iAKh8ilphead. Si Columba's lili i'raray and Si Margarei'5. I1'hilin8 Ba>. 1415hop of Si Andrews, Dunkeld and t)lbI#ne #Dinted &$ Ading Bishop of ihe .1 ill ,'he vacancy. The pre$S 10 cleci a new bishop. ut,,l.. '.iiiTrn 4 Re¥ulalion5 lor Ili¢ b.l¢iiivri vl it bishup, w'a$ 5u¢(essfully ¢on¢lud¢d with th¢ ¢l¢¢iTron of '.Ih the new B15hop lif Ar&¥ll aThl The Isles in Maj., followed by the Conse(Nion in si John'5 1 I Ih on 28ih Au¥usl 0?4. A live-strearned Sung ELKhvisi is celebrated e¥h Sunday, follothtd Fty ie& And infrequently. a congTe8aiional meal. An F.¢umeni¢41 Adl'eni Carol Trice. in¢DTp)rniing Taize elernents ¢elebrdied in earl>, December, Io inauguraie th¢ Chn5mths Ire¢ Fe51ival IAidni8hi Mass held on ChrisThas Ève. followed by morning mass OD Christsnas l)ay. (Jaelic elemeni% ere Jncoryx)raied inio the F.ucharisi during N'ational Gaeli¢ week in Febnw>. After the Eucharist on Ash w'ednesav. l.enien Midda). Mass And Stsiions of Ihe CTOSS were celehrdted weekls.. &s were daily services in Hol). Week. lo Augu5L Lhri%lchwch held lis F"e&sl ol-lhe Title on the Eve of the I'TrnsfigurJiion I he l.eni Siudy cour5¢ 1(x)k ihe F.ncy¢li¢al 'Desiderio Desidernwi. as its basis. enB8ging with the Litur&v as the fountainhead of our spiriiual lives. I"his was a year of teETivals. The Annual ('hrisii•n Aid Carol Tl¢¢ as win held in chn Chureh. This is a IllliTiical ¢venf li draws on "l ai7t ihemeg. and a collectton taktn for the People of GazA. . again invited to #ci ('haplain to ¢h¢ Clan Mil.'w¢n (iaihering lor 20?4 held at iheir ITI ILrrilDry al ()ner Ferry, with a slK)rt 1¢¢ of 'Kirkin' Ihe Tarlan,. and endin¥ wilh a mo%1 rewaraing sundffty Lunch ai ihe 14sler-C'aicher Inn. In June. Ihe Pictish, Viking and C.¢liic F¢siival M75 again held on iAKh8ilrtad's newly refurbished Front (Ireen. 'thc leslival was veTr well aiiendcd. in¢ludin8 ¢x¢¢ll¢ni skills and ¢TJfts pcoplc. for the ocrassion. the l(Kal ('hurch of SL-L)Iland Parish d¢¢id¢d tu hold a Church Tent. 4uvJ all were intrid io iontribule. Chris1 Church ft¢red & ch¢?icc of. A Liwiy of Penil¢nre for ih¢ Abuse of callon. the Blessin¥ of the Sea according 10 iradiiional (iacli¢ riles". and a short MLalC Service of Vesper5. All thre¢ item5 were reque51ed. duly prrfomied, atlTrctiDg considerable lnier. and enhancin8 the (c&4ion. C'hrJ%l C'hur¥h Loniinues io be ihe Hub for the Char8es of Mid ilrgyll ¥nd Anan, providin8 the Reciorv where the PriL'SI-in4'har¥i lives. Th¢ olr ¢hur¢h¢s Jr¢ ihus financiall!. veTr dependeni upon Chrisi ChnKh. most of ciiniribuiin¥ raiher little iowards the enjoymeni of Ihis larIOnShip. The Joini Char8¢s were sei up In 2013 when lh¢ ncw apwjntsnenl 7s made.. this a8rttment is renem'able every 3 y¢ar5. by agr¢¢m¢ni with lh¢ Bishop. will requir¢ renegotiation following any chanse in the Incumbency Durin8 the >¢ar. li finall> becarne posshble io re-rool the NoTth-We$i range of the of Lhrisi Lhurch. Al¢hou8h conth¢is had made in possibl¢ lo soUe Scortish slaies for their worl &$ sttpulaied bv Alba Aosrnhor nd Various wonhTres. These. how¢bcr. iumcd oui io be wonhless and unfit for purpose. 50 the original pljn ¢0 r¢-slai¢ with Spanish 51ales Wa5 revcned 10. li 15 a pleasure io admire the rtKif. lookin8 fil TO F¢1 the wearhcr tor ¢eniuries io come. P¥bll¢' bemefu The 1rn51eei ronfirm that the). have wrnplie(I wilh the Tequiremenis of Chariiies and TrUtt Investment Ikvilandl Art 2(W5 and the Charilie5 Accounts thIand) Ke8ulaiions 2(K>6. P4e3
Chriit Church. Lo¢hgilph¢ad Trustees, Report (eontinued) Structure. 8overnthnce 4nd m¥Dwg¢rnent Nalmre doi'¥menl 'rhe Church is an unincory)oraied a55ociation. Thc Orginal Consliluiion dales from the 18.$0s, and in the cenrury and a half sinco, li had been amended. A new consllluli(In drawn up in the ¢arly 19805. bul th¢ due proc¢55 was noi carried oui otL¢¢ th¢ Vestry and Con¥r¢gaiion approv¢d the proposed amendmen15. Following consuliaiion with the Diocesan Chancellor. a new constiiuiion was drdft¢d, and approv¢d by all parties concerned. in September 2(K>9. For ihe PUTwses of Charilies Law. the m¢mbcT5 of ihe Vcslry arc the Charity Tntee5 of ihe Church. The L-hurch is a MeT congre8aiion of ihe Diocese of Argyll lind Ihc Isles. in ihe Scoiiish EpisLopal C hurch. The Bishop of Argyll and Ihe Isles has pastoral oversight lif all con¥re¥#iions within Ihc Dio¢¢s¢. And all COnr¢ationS arc subject 10 ihe Code ofc'anons ofihe Sco1115h Ipi5copal C hur¢h, Recrulimeni qppolnlmenl ofirn.Tie l-h¢ Ineml.rI of ihe V¢¥lry normall J hold otricc for three year5, and are elected al the Annual Congregaiional M¢¢iing IACMI. The Lay Repr¢s¢iiialive. who represL'nis Ihc church ai Diocc%oll synl, and Ihe P¢vple's Kl'arden, #rc ¢l¢cted annuallv by the lay member& of the cvnbire¥aiiun ai th¢ ALM. lThc Rector's Warden is apkX)iiiied by ih¢ Pri¢%1 in Charge. and also holds olTILe fur one Ycar. 'fh¢ V¢.4try Secretary and the "frcasurcr are apwini¢d by the Vestry. The Priest in Charge 15 appointed by ihe trusl¢¢$, in consult81ion wilh the ljishop of ihe In addition io aiiending a short induction session. all new Vestry memb¢rs 8re providcd wilh a copy of 'GuidanLe for Charity 'fru.stees' issued b) Ihe ()fliLe of th¢ Sctkttish Charity Rc8ulalor, whcn appoinied. C)rxanl¥arfonal slryclyre The PriL%l-in-L harg¢' 1% re8p)nsible for the spiritUAI affairs of the Lhurch and delegates aspecis of ihe operntion ofihe Lhurch io ihe Ministry Tearn. a regular b15, Ihe Vestry reviews ihe major risks to which the Church 1$ exrrf)5ed. and 5y5tems or procedures arc e%tabli5hed lo manage those risks. Pa8e 4
Christ Church, Lochgilphead Ind¢penden¢ Tr:x4miner's Report to the trusteej of Christ Church, Lochgilph¢ad I repoll in ihe irusiees on my examination of ihe cOUntS of Christ Lhurch. Loch8ilphe&d for the year end¢d 30 Sepieinber 2024. Respunslbllltle5 bAs15 of report As the ihdfiiy iTUStee5 uf Chri%1 Churih. IAKhgilph¢ad you arc rc5pon5iblL foi Ihe prcparniion af ihe Jc¢ounts i aLLiirdance wilh the requiremcnis of the Chariiils and TnJsleL InvcilnJ¢nl Isiutland) ALt ?(M).S lind Ihe Chariiies Accounis IS¢atlandl Re8ulaii(bn5 ?006 {&$ amended). You are 5aiisfied ihai ihe audii rcqulrlll of R¢gulaiion 10( I I lal 10 1£) of ihe 20(16 Accounts Regulalions does not apply. I repon in r¢stkYi of niy eKarninalioii ofihe Chri51 Church. Loch4ilphead's accounts Caled out undvr S¢Llivll 44 I l Hcl of The )5 Aci and seciion 145 of ihe 2011 ALI. In carrying oui Iny ex&ininuti()n I havc foll(Trw¢d the requirernenis of Reguloiion I l of the Q'harities A¢coLLnts Iscotland) Re8ulation$ ?006 las amend1. An examinaiion includes a T¢view of Ihc accouniin8 re¢ord% k¢pr by the charity and a comparison of Ihe acc()unls pre4enied with Iho%e rttoT(Ls. It al%0 includes consideration of any unusual iiem8 or disclosures in the account5. and explanations trom the tru41¢¢% Lan¢eming inj. 4uch matters. The Procedures undertak¢D ijy nut provide all Ihe evidence thai would be required in an audit. and Li)nsequ¢nily I do noi express an audii opinion on ihe view giv¢n by the a¢¢uunts. Independeni ¢x*mln¢r's Ji¥itmeni 4in¢L Ihe charity h4LS prepared lis accounls on an a¢¢wa15 basis and is also r¢gist¢red in Scotland your examiner musi be A mcmber of d l)(MJ)' 11sicd in KLgulalion I Ii-i ot. (h¢ C.'hariiie% ALcount.% lscoilandl Ke4ulaiion% ?006 la$ hmended). I can ¢onlirni Ih&i l Am qualilicd to undcnoke (h¢ ¢xominwion b¢¢ause l #m a regi5ter¢d member ol Mcjnber ol'ih¢ Institut¢ ol. L'hart¢rcd A¢couniant$ of SLoiland. which i.s one of ihe listcd bodit4. I have completed my examination. S conlinn that no matter% have Come lo my art¢ntion ift connection with the exllminaiion tly1n% mc cmuse its believe.. l. accounting records were noi kepi in resFtci ofchrisi ChiirLh. LoLhgilphLad a5 rcquircd by seclion 441 l K8) of lh¢ 2005 A¢t and Regulation 4 of the chi11¢5 Ac¢ouiiis ISLuiland) RL¥ulaiions 2006 la5 amendedl,. UT 2. the accounts do not a¢cord with Ihose records; vr 3. Ihe dccounis do nul ¢umpli wilh Ihe aLiL>uiiiin¥ requirLIiiLllis LIlllLLniiiig the f()Tm and Loni¢ni of ¥rounis sd out ihe Charities IAcc(Trun15 and RrpTrns} Rv¥uldiivns ?008 1)IhLf Ihan any rwuirLni¢ni tlial th accounts 1¢ 4 'iru¢ dnd fyir v?¢w' which 15 nol a n)dllLY ¢(?nsiiJered a5 pan of an indendenT ex&riiinali(m. I have no ¢oncerns and have come across no other matler5 in cvnncction with the ¢xamination to whiLh ailrniion should ir drawm in ihi5 report in ordeT to enable a propeT undcrslandin&T of thr accounts l(} r¢a¢htd. fv1L'iiih¢i ()l-Ili¢ Iii%iiiiJie lif Charlered Accthunianis nf Sc(>iland Page 6
Cbrist Church, Lochgilphead IndependeDt Examiner's Report to the trustees of Christ Church. Lvchgilphead (continued) 18 DEC 2024 Date.. Page 7
Christ Church, Loch%ilphead Stalement of Financial Aetivities for the Year Ended 30 September 2024 Unresiricted fund5 Restricted (unds Total 21)24 Note Incorne and F.ndowments from: t)onalions and Icgacies Chariiable aciivi11¢s Investment income her income 21,832 7.491 881 13.938 32.582 54,414 7.491 881 13.938 Total income 44,142 32,582 76.724 Eipendlture on: Raising fund5 Charitable 8cliviiie5 11.497} 5•.6971 11.4971 {84.1081 'roial expendiiure Gainsllos4es on invesimeni a58ets 154.1 ?41 I i (J,¢HIS1 131.4811 18S,6QSl (10,6051 Nei lexpendiiureyincome Nei moveineni in funds 120,5871 { l Y,4861 12Q,.$87) 119.4861 Reconclllxtlon of funds "I"oial tiinds brou¥ht IoTward 40,056 1,516 41.572 .1 otal funds ¢arried forward 19,,169 Unrcilric¢¢d runds Rejirlcted rtsndj Tol#l 202J £ {As r¢Ji*ied) Note Income and F.ndowrntnls frvffl: Donations aiid l¢¥acics Charitable activities Inve%imeni incume (hher income 34.145 4.135 29.143 03,288 4.135 6.597 Toial incomc 45,¥52 29,143 74.995 F,xpenditure on: Raising lunds Charitable activities 15751 144.4261 15751 174.3441 {29,9181 Toial expenditure Gainsllosse5 ON inve5tm¢nt Lssets 145.0011 (29.9181 174.9191 14.8251 Net expenditure 3,974 775 14.7491 ei movement funds {3,974) 1775) 14.7491 Reconclllit5on of funds Total funds brou8ht fonvard 44,030 2.291 46.321 Total funds carried forward 40.056 1,516 The notes on pages I l 10 17 fom an integral part of ihese financial sthiements. Pagc 8
Chriyt Church, Lochgilphead Statement of Financial Activities for the Year Ended 30 September 2024 (continued) All of the charity's aLtIVllle5 d¢riv¢ from continuing operaiion5 during the above iwo periods. The funds breakdown for 2023 is shown in noie 12. The notes on pages I l 10 17 form an iniegral pan of these financtal $¢aiemeni$. Page 9
Christ Church. Lo¢h%ilphead (Registration number; .4>COI37117) Balance Sheet a5 Ilt 30 September 2024 2024 2023 £ (As r¢iiied) ole ixed 455ets Investment5 10,128 Current issets Debtors Cuh at bank and in hand 4,979 0,979 10 14,810 11,958 14,810 Credltors: Amounts falllng dwe wlthln one year 1541 Net current AJvts 11.958 14,756 Net ¥iiet5 22.086 41.572 of the ehrlty: Resirlrled IncDme funds Restricted fvnds 2.617 1,516 Ilnreslrirled incorne lund$ I Inr¢siTiiied lunds 19.469 40,056 12 2?,086 41.572 siaiemenis on pages 8 10 17 were approved by Ihe Irusiees. and auihorised for issue on %ign¢d on their behaifby.. The notes on page5 1 l Lo 17 form an iniegrdl of these financial sthten)enis. Pag¢ 10
Christ Church, Lochgilphead Notes to the Finan¢i41 St8¢emenls for the Year Ended 30 September 2024 Aceounting policies Statemenl of cornpllance Th¢ financial stat¢menis have been prepared in aOrdanCe with Accounting and Rew)rting by Chariiies.. Siaiement of Recommended Praciice applicable to charitie5 preparing their accounts in accordanee with the Financial Rewning Standard applicable in (he UK and Republic of Ireland (FRS 102) leffectiv¢ l January 20151- (Charities SCIRP {FRS 102)). the Financial Reponing Stsndard applicable in ihe IIK and Republic of Ireland IFRS 1021 and the Chariiies and TTUStee Investment (Scotland) Act 2005 and the Charities Accounts Iscotland) Regulaiions 2006 (as amend1. BASIS of preparation Christ Church, Lochgilphead meets che definition of 8 public benefit entit). under FRS 102. The accounis Ifinan¢ial siaiements) have been prepared under the historiLal cosi convention with items TOgnISed ai cost or transaciion value unless othenvtse Stated in the relevant note{51 (o thes¢ accounts. Going concern The Iru51ees Lonsider th81 there are no maierial unGeTtainTies about the chariws ability to continue &$ a going concern. Income 8nd tndoTHments Voluntary income inLluding donations. gifts. legacies and grdnrs thai provide cor¢ funding or are of a 8en¢ral nature is recognised when the charity has eniitletn¢nt io the income. it is rKobable thai Ihe income will receiv¢d and the amount can be meed with 5UtTicienc reliability. Donurfons andlexories Donattons and legacies are recognised on a recetvpble basis when rtt¢ipt is probable and the amount can be reliably measurrd. Gronh reeelvuble Grnnts are recowiised when ihe charity has 8n entitlemeni ro the fund5 and any conditions linked to the grants have been mei. WThere perfonnance conditions are attached to the grant and are yet to be met. the in¢ome is recognised as a IiAbility and included on the balance 5h¢el as deferred incoTne to be released. E¥ptnditure All exp¢ndiiure is re¢ognised once there is a legal or constructive obligaiion to thai expenditure. it is probable settl¢meni Is requir¢d and ihe amount ran be measured reliably. All cosis are allocaied to the applicable ¢xpendiiure heading thai aggregate stmilar coits to thai caiegory. WheT¢ costs cannot be dir¢ctly allribuied io particular headings ihey have been allocated on a h&%is consisieni wsih ihe use of resource5. with r¢ntral 5ff osts allocated on the basis of time spent, and dcpreciaiion charges allocal¢d on ihe portion of the asset's use. ()ther support costs are allated based on th¢ 5pr¢ad of siaff cosis. RsTlJlngfMnds Th¢s¢ are cosis incurred in attracting voluntary income. the Manement of investments and those incurred in trading activitie5 that raise Thds. Page I I
Christ Church. Lo¢hgilphe8d Notes to the Finan¢il Statement8 for the Year F.nded 30 September 2024 {¢on¢inued) Charllable &edvliles Charitsbl¢ ¢xrenditure comprises thos¢ cost5 incurred by ihe charity in the deliv¢ry of it5 activilies and service5 for lis ben¢ficiaries. li ineludes both rost5 that can be allocaied directly io such acliviiies and ihose costs of an indir¢ct naiure necessary ¢0 support ihem. 5upptsrt ¢oJ15 Support ¢osts include central fun¢tions and have been allocaied 10 activity ¢osl categories on a basis ConsisnI wi¢h ihe use of r¢souTces, for example. allocaiinb pri)pcrry cosis by floor ar¢dS. or pcr capil< statT costs by the time spent and other cosis by their usagc. Ciovernanee eosi$ 'I'hes¢ include Ihe L05ts attribulable to the chariry's ¢omplÈance with constiluiional and stgtuiory requirements, in¢luding audit, siraiegic management and irusiees me¢lings reimbursed expenses. Taxgtion The chariTh' is consid¢red lo pas5 the sts sei out in ParagTaph I Schedule 6 of the Finance Aci 2010 and IheT¢fore li meets thc definiiion of a Lharitabl¢ company for IIK ci)ryK)rali()n lax purpose5. Accordingly, thc hariTh is Polcniiall) exempi fTOrn laxation in Te5pe¢i of incom¢ or cupiiul gains recciw¢d within iaicgtories covered b). Chapier 3 Part I I (Trf the Corporaiion Tdx Arl ?010 or Section 2.56 of ihc Taxalion iTrf Chargeable Gains Act 199? 10 the ¢xient ihaf such income or gains are applied exclusively io ¢haritablc purw)5es. Flxed as1¢1 Inv¢slrnents Fixed as%er Inv¢%tinenis. other than programme relaied in¥eytsnents. are included at mark¢t value at ihe balance sheLt date. Kealised gain% losses on inve%imenis are Calculated a% iht dillerenc¢ between sales proceeds and their marke¢ value at the sian of the year, or iheir subsequeni COSL and wc char8ed or ¢rediied to the Siiiem¢nt of Financial Activities in the period of dispo1. Unrealised 8ains losse5 represent the movement in market values during the year &nd are credited or har¥ed 10 the Staiemenl of Financial Aclivilies based on the markcl value al the year end. Cish #nd ¢45h equlval¢nl$ Lash and cquivttlcnts ¢ompri5e cash on hand and call dew)siis. and oiher shon-term highly liquid investmcnts thai are re&dily Convertible io a known amount of cash and are SubJt lo an insignificani risk of hange in value. Fund Jlrueture Ilnregiricied income fund5 are general funds thai #re availablc for use at the trte¢S discretion in funheran¢e of Ihe objeclives of the Charity. Designated funds are unrestricted ndS set Hside for sptcific purposes gt the discretion of thc trustees. ReStriCd income fundE are ihose donaied for use in a particular area or for specific purposes. the use of which is restricied io thai area or purpose. Page 12
Christ Churcb. LochRilphexd Nottg to the FinDcil Statements for the Year Ended 30 September 2024 (¢ontinued) 2 ltheoffj¢ from doThalions and leg•ci Ufjrtslricted funds Cenernl Rtstrieted funds Total funds Donaiion5 and legacies. I)onaiions from individuals (irants. in¢ludin8 capital granis: Grants from oiher rharilies Coniribuiions to stipend 21.832 474 22.306 7.929 24.179 7.929 24.179 TolAI for 2024 21,832 54.414 Total for 202J 29.143 63.288 J Intom¢ from iharitiblt Aetiwitiej Unr¢stri¢ted runds GeDernl Toil 2024 War Grn¥¢s Commission Employers, Allowanee Fundraisin8 Jo 3.049 4.412 30 3.049 4.412 7.491 7.491 Unrestrl¢t¢d (und5 Gtntrll Toiil 2023 War CiTaves Commission Empluyer5' Allowance Fundraisin8 30 1,484 ?.6?1 30 1,484 4.135 4,135 4 Inves¢m¢ni Income Unrttirleied fundj Gtnerl Toial fundj l*her income from fixed 45S¢t Ènvestrnents 881 881 Totsl for 2024 881 831 Total for 2023 975 975 Pa8e 13
Christ Church, Loch%ilphead Notes to the Fin4nclal Sit2temeDts for the Year F.nded 30 September 2024 {eontinued) S Other in¢om¢ Unrestrleted fundi tksi%ngted CJ¢n¢r41 Toial fund5 Gains on sal¢ of intangible fixed assets for chaTity's own ust 13,938 13,938 Total for 2024 13.938 13.938 Total for 2023 6.597 6 Exptndlture on ¢h•rltsbk 8¢tlvltleJ Unreslrlcied funds Deiiffnattd Genrr*l Resirlcted funds Total rund.1 Nol¢ Allocaied support 40,9) 312 31.481 83.796 312 Governance costs TotAI for 2024 11.355 41.272 31,481 84,108 Tol41 for 2023 -12,-771 29,918 74.344 Ttst#l expenditure 7 TAxatlon 'I'he lhariiy is A r¢gi5tered charity and is therefore ¢xempi from taxation. 8 Fli¢d ajset inveytments 2024 2023 Oihtr inv¢5tmenis IlJ,128 26,816 Pase 14
Christ Church, Lochgilphead Notes to Ihe FinaneiAI Statements for the Year Ended 30 September 2024 (continued) Uther investments Lisled invesirnents Total Cost or Valuation Al l Oclober 2023 Revaluation Dispi)sals 26.816 110,60.S} ?6.816 110,605) Al 3(Tr sepiember 2024 10.128 10,128 Net buok valu¢ AI 30 S¢pt¢mber ?024 10.198 10.1?8 AI JO September 2023 26,816 26.816 9 Debtors 2024 Trade debtors 4.979 10 Cajh Ind c*ih equlw•lentS 2024 2023 Cash at bank 6.979 14,810 I I Credlton: Amounti fAlllng due wilhln one year 2024 2023 Other crediiors 54 Page 15
Christ Cburcb, Lochgilphead Notes to the Finanelal StstemeDts for th¢ Year Ended 30 September 20241continlled) 12 Funds Blnee ( 30 Septernber 2024 B•lin¢e 1 I (ktober 2023 Other rtto8nistd %ain$lllosses) Incoming r¢sourees Resourfes txpended UTrresirlcted funds General Unrestricted funds 22.271 (42.769> {4.8391 18.805 DeslRnrtltd Building Fund 17.785 111.355) 15.766) 6&1 Total unrestrlrf¢d funds 40.056 44.142 {54,124) 110.6051 19.469 Restricted fufjds Charifv Colleciion5 Stipend ConrriiNJtions Trdv¢I Grant Dunderdale Grant Building grants Total resiricled funds 122 474 24.179 1542} 124,179} (75> 11.706 14,979 691 703 616 1.947 2.950 4.979 1.516 32.587 {il.4811 2.617 Total funds 41.572 76.7•4 185.6051 {10.605) ?2.086 B414Dce It 30 Stpttmbtr 2023 B¥1#te xt I October 2022 Other reeoEniYd gin(lO$Sts Incorning rt50urres ReUrCtS eiptded UnreStrIet funds Genernl Unresiricied fvnds 15.962 39255 {32.946} 22.271 DeslRnaied Building Fund 28.068 6.597 (12,0551 14,825} 17,785 Totsl unrtsirieied funds 44.030 45.85? 145.IM) I I 14.8251 40.056 Re5trbrted Charity Collections Stipend Contributions Trdvel Grnnt Dunderdale Grani Building gTants 1.177 22,355 (1.055} (22.3551 122 691 691 703 1897) 5.611 Tot*1 rutricted fuDds 2.291 ?9,143 129,9181 1,516 Page 16
Christ Church, Lochgilphead Note8 to the Financial Stattments for the Year Ended 30 September 2024 (eontinued) Balance 4t 30 S¢piember 2023 Ballnee at Oetober 2022 Other r¢eognis gain{10$5¢$) IncomiD% resources Rere¢S ¢xpend¢d Total funds 46.321 74.995 41,572 Page 17
Chris¢ Church. Loehgilphead Dt¢ailcd Statement of Fin4neig1 Aetivities for the Year F.nded 30 Siepttmber 2024 Toi#l 2024 Tolll 2023 Don4ilon$ 4n4 leKAcl¢J Appeals and donarions App¢a15 and donations Cjift Aid lax reclaimed Grants- other agencie$ GrantS- Other agencies Contribuiions to siipend 474 21.832 1.177 24.731 9.414 4.979 2.950 ?4.179 54.414 Chartioble ucrtvliles I nJst% and loundations Fundraising Employers, Allowance 30 4.412 3.049 30 2,621 1,484 7.491 Invesimeni Incon Income from Ibsi¢d inv¢5tm¢nts 881 975 881 ep Ihto (Profityloss on disFrf)sal of intangible fixed &55¢ts IProfiiyIos5 on diswsal of intsn8ible fixed asset5 6.597 13.938 13.9.18 6.$97 Fundraising costs 11.497 15751 1.497 575 Ch4rlioble qcrfwdes Stip¢nd Siipend NIC (Employers) Sthff pcnsion5 {Dcfined contribution) I'Tavelling Council T&x Li8hi. heal and power Insurdnre R¢pairs and mJintenance Church Repairs and maintenance Church Repairs and maintenance Church Repairs and maintenae Churth (24.1791 (7.0131 {3.0491 {10.4301 {751 ?.0771 (2,083) 14.404) {?2.355} 16.1531 13.2081 19,6071 11,7441 11,9781 112.tJ551 (4.979) 17201 This pa8e does form part of the stsiulor). finaD¢ial sW¢m¢nts. Pag¢ 18
Christ Church, Lochgilphead De¢4iled Stalement of Financial Activities for the Year Ended 30 Sepiember 2024 (continued) Toial 2024 Total 202J Repairs and mailltenance Church R¢pairs and MainnanCe Grounds Computer software and rnainienance costs Printin& posthge and statioxery Charitable donation5 Charitable donations Cost of services Cosc of services Diocesan quo Diocesan quota Advertising Bank charges Independeni examiner's fee Independent examinetrs fee Ind¢pend¢n¢ examinetrs fee (2.260} 12011 185} 15421 (2181 1700) (300) 18971 11.0551 11,172) S4 (7.7771 {1.0581 (21) 16.1741 128} 600 16001 1312) 74.344 Thi5 pag¢ do¢s not fonn part of ihe stsiuiory financial ststements. Page 19