The Chureh of Scotland ST. MARTIN'S PARISH CHURCH OF SCOTLAND PORTOBELLO, EDINBURGH RECEIPTS AND PAYMENTS ACCOUNTS YEAR TO 31 DECEMBER 2024 CongregatloD No: 010093 Charlty No: SC 013918
Referenc¢ and Administrative Information Charity Name: SL Maron's Church of 5tInd, Portobdlo, Edinburgh Charity Registration Numb¢r: SC013918 Congregatton Reference No: 01(X)95 Con1 Address: Truste¢J who served duriog 2024 Kirk Session Members Prinelpal Offlce-be•ren Minister: Session C.lffk.. Church Treasurer: Inde endcnt Examiner Bankers The Royal Bank of Scotlan Edinburgh Portobello Bran¢h 12 Bridge Str¢¢i Musselburgh EH216AH
Trustees, Annual Rert Year ended 31 December 2024 Slruclure, Governance and Management Governing Doc•ment The Church is administered in accordance with the temis of the Uniw Deed of Consti110n. Re¢rnitment And Appointment of Trn8tee# Members of the Kirk Session are the charity trustees. The Kirk Session mcrnkrs are the elders of the church and 8r¢ chosen from those memkTS of the church who are consid¢roJ ty have the appmprialc ¥ifis and Skills. Thc minist¢r, is a memb¢r uf thc Kirk S¢5sion. is elecied by lh¢ ¢ongr¢gaiion and inducted by Presbyrery. OrganisationAI Strueture Under the Unitary Constitution the work ofthc Kirk Session is undertaken by four teams made up of Elders and congregational members. The teams are namdy: Ptom. FinanK Worship and Hosyi¢alty. Objertivu and Adivities The Church of Scotland is Trinitarian in doctrine, Refornied in tradition and Presbyterian in polity. It exists lo 81orify God and kn work for th¢ advanccmcnt of Christ's Kingdom throughoui the World. A5 a national Church, it acknowledg¢s a distinctive call and duty to bring th¢ ordinttnc of rcli8ivn the pwple in every parish uf Scotland Ihrou8h u turilorial ministry. Ii CoFerate$ with other Churches In varlous e¢umenlcal bodles In Scotland and beyond. We have our weekly Servie¢ of Worship on a Sunday, and now tthve Holy Comrnunion every three months. We are still broadcasting our Sunday Service on various tle and these Services are being seen worldwide. with people frorn around teA counlries joining us for Sunday worship. At Christmas w¢ s¢ll Eows for our Chrisknas t and receive cards from our member& rather than giving individual cards. which include a donation. The donaliDn5 plus our Christm&s Eve and Christm&8 Day offerings are splii between two charities. one in Scotland and one abroad. Part of these amowits was outstanding at th¢ y¢8r ¢nd. We continue to work hard to s¢rvc our local community and our mthlY community cin¢ma continu¢s to show thc latest films availablc and is frtt to anyone. Wc also providc fr¢c juic¢ wid 1¢¢ ¥ream. Evcry Wcdn¥>duy w liold a frcc cotT¢¢ morning and peopl¢ wcILOme lo pop in fora wffee and a chat. The groups which meet in the Church conlinue 10 function well. Ar¢ You Still Game meels onc¢ i month on a Friday wilh a very varied agenda and this has proved to be a well-attded afternoon of fim. Our craft gr(p meets monthl), and our bi-wttkly singing wup, which h&$ around 20 n*rnlxr5. is now in its third year. Since February we have been joined by frrxn the Presbyterian Church of Nigeria. c)n a familiarisation placement and Michael has %tArteil k -eIl prayer mtIn8 and a wed(l)' bible study. We continue to have strong ties with our Ial primary h0O1, community ¢entre and nursing home and work well with other community organisatAons al ccumenic41 pfye
Trustees, Annual Report Year eDded 31 December 2024 FinAnei21 R¢view Our principal sourly of income is congregation members. offerings. Many of our m¢mbcrs have continued to donat¢ direcily through the Bank, and we are very gr*ful for this a5 il helps to maintsin a regular income stream. A proportion of these are gift aid&L and the tsx recovered is an important source of income. We held a Christhias Fair in November 2024 and it was great to see the Church buzzing with activity once again whilst raising £2.883. We re¢eived £8,576 from the investment held by the General TrUee$ on the congregation's behalf in the Consolidated Fabric Fund Revenue account. (See Appendix). We may use this fund to ¢x)ver repairs and maintenan¢e costs. and also prOY insurance and heat and light. In 2023 the family of chuwh members kindly donated £5.000 in their memory and specifically asked that these funds be used to upgrade the Church audio visual system. This work was undertaken during 2024 and the accounts show the restried fvnd brought forward ai the beginning of the year bein8 fully spent. Last year's review referred lo the decision to upgrnde our CCTV system. due to a spell of vandalism. This work, includin8 new additional cameras to ensure the whole of the Church'5 property is covered, was completed and paid for in 2024. cosling £3,51 I. This cosL along with the other fabric expenditure on the church and ihe mans¢ which amounts tr1 £2,493, will be recovered from the Consolidated Fabric Fund Revenue acrA)unL as d¢scribed above. Reserves Policy By 31 December 2024 our rescrvcs had dread to £16,871 and it w&8 decided to amalgamate the general and fabric funds. The Kirk Session will discuss what steps mighi be taken to improve the financial position in 2025, includin8 making fvrth¢r draw downs from the available funds in the Consolidated Fabric Fund.
Trustees, Annual Report Year ended 31 Deeember 2024 Statement ofTrnstees' Responsibilities The members of the Kirk Session must preFwe fina1] 5tat¢ments which give suffi¢i¢nt d¢tail to enable an appreciation of the transadions of the chUh during the financial y¢ar. The membets of th¢ Kirk Session / cOneSatiOnal Board are reswisible for keeping proper accounting records which. on request, must reflect the financial poSitn of the Church al that tirnc. This must be done to ensure that ihe financial sta¢¢mcnts cornply with thc Chdrilics #n(1 Tne Invesuneffj (Scoiland) Act2005. the Charities Accounts (SLviland) R¢¥ulations 2000 (&$ amended) and Ihe Regulations Ancnt Congregational Finance approled by the Generdl Assembly of th¢ Church of Scotland in 2007. They are also responsible for safeguarding the assets of the Church and hence for taking reas(x)able steps for the prevention 8nd detection of fraud and other irregularities. Approved bv the Trustees and signed on their behalf, Sey¥iv4 Clerk 12 March 2025
ST. MARTIN'S CHURCH OF SCOTLAND, PORTOBELLO, EDINBURGH SC 013918 Independent examiner's report to tbe trnstees ofsL Martin'5 Parish Chureh I report on the financial statemen15 for the year en(kd 31 December 2024 set out on geS 6 to 12. Respective re5ponsibiliti¢s of the stee$ aBd the iDdepeDdeDt examiner The charity's Intee$ are responsible f(Jr the prep8rnlion of ihe financial &atements in accnrdance with the ternis of the Charities and TnLStee Investment (Scotland) Act 2005 and the ACcnts {Scotland) Regulations 2006 {as amended). The charity trnstees consider that the audit requirement of Regulation 1011) {d} of the 2006 Accounts Regulations does not apply. li is my rc5ponsibili¢y to examine the fancial slatcrnents under Secti Hll ) (c) ofthe Chariti¢5and Tru51ee Investh]ent (Scoiland) Act 2003 and to wh¢ther par(icular matt¢rs hav¢ com¢ to my attenlion. Basis ofindepeidenl ejamimer's report My examination w&s carried out in acwrdanc¢ i¥ith the general Directions given by th¢ Charity Con]mission and is in accordance with Regulation I l of ihe Ch¥ities Accounts (Scotland) Regulations 2006. An examination Includes 4 review ofthe xcounting recL)rds kept by the charity and a comparison of th¢ accounts presented with thosc rccord& It also includes ccmsida7tion of any unusual items or disclosures in the ac£ount& and seeks explanations from the trustees concerning any such matters. The pro¢S undertaken do not provide all the evidence that would be required in an audil and csequent1Y I do not express 8Tr audit opinion on the view given by the finAncial stsl¢rnents. Independent ¢xamln¢r's s¢alem¢nt In connection wilh my examination. no Matr has come ro my arMiN)n: l) which gives m¢ r¢&8onable cause to believe that Mi, any material. respect th¢ requirements: to k¢¢p a¢¢ounting records in rdan(% with Section 44(1)(a) of the 21)05 Act and Regulation 4 of the 2006 Accounts RegulatM)ns and, to prepare accounts which aco)rd with the accounting rttords and comply with Regulation 9 of the 2006 Re8ulation4 have not been met. or 2) to vihich, in my optni0 attcntion should be drawn in order to ¢nabi¢ a propcr unthrstknding of th¢ rinancial $taterncnls to bc rcaLhcd. 12 March 2025
ST. MARTIN'S CHURCH OF SCOTLAND PORTOBELLO EDINBURGH Recei tsandPa ments Account Year ended 31 December 2024 Unrestricted Restricted Funds Funds 2024 2024 Total 2024 Totsl 2023 Not¢ R¢¢¢i Donations Fundraising Events Bank & deposit interest Transfer from Fabric Fund (Per Appendix) 21.670 2.883 272 8,576 1.258 22.928 2,883 272 ,576 24.940 3,156 274 Total Re¢ei 33.401 1.258 34,659 28,370 Costs of generating fill)ds Charitsble activities Governanrx rJ)sts 82 35,709 250 82 41,442 250 157 35,174 220 5.733 Total Pa 36,041 5,733 41.774 35.551 Excu$ of Payments over Receipts For tbe year {2,640) (4,475) (7,115) (7,181)
ST. MARTtN?S CHURCH OF SCOILAND PORTOBELLO EDINBURGH Statement of Balances As at 31 December 2024 Unrefjtricted & Ratrirted Designated Finds Funds 2024 2024 Total 2024 Totsl 20 Bank & Deposlt balantt8 As at l January 2024 19.328 4.658 23.986 31.167 Movernent in yeaT Excess of payrnents over reipts for.th¢ y¢ar (1640) (4,475} {7,115) (7,181) A5 al 31 Dec¢mber 2024 16.688 183 10.871 23,986 The a¢eounts were approved by the Kirk Session and Financial Board on 12 Mar¢h 2025 For and on behalf ofthe Kirk Session
ST. MARTtN'S CHURCH OF SCOTLAND PORTOBELLO EDINBURGH Year to 31 December 2024 Notes to the Aceounts I. BASIS of &¢¢ounting Thc5c CoUnts havc bccn Pared on the Reccipts and Paym¢nts b15 in aLxonlance with the Charitie5 & Trustc¢ Invcslrnent (Scotland) Ac£ 2005 andthe Charities Accounts (Scoiland) Regulations 2006 (as amended). 2, Nature and purpose of fuids Unrestricted funds are th05c that may be used at the discretion of the trustees in furtherance of the objects of the charity. The trustees maintain a single unrestricted fimd for the day-to-day running of the church. Restricted fvnds may onty be used for specific puryjoses. R¢striclions arise when specified by the donor or when funds are raised for specific purpose& 3. Trustev r¢munerntlnTr 1nd 13ted Our Cl¢an¢TS, D¢Lzmb¢r 2024. (2023: £1,633) arh. transai-rfnns ¢r¢ paid £1,930 for the year CTKling 31 During the year the expenses. This covere of a trolley. as paid £2.657 as a re1MbueMent of out of pocket e phone, manse repairs, webservices and the purchase Iravc Ing expenses, mo No trustee or person related to a trustee had personal interest in any contract or transaction entered into by the ¢hureh during the ye4r. 4. Movements Ih Funds At l January 2024 Ai 31 December 2024 Receipts Payments Transfers Unrestricted Tr UDds General fund 17.006 Designatcd Fabri¢ Fund 2,322 33,401 36.041 2.322 (2.322) 16.688 19.328 33.401 36.041 16,688 R¢stri¢¢cd Flnds AV F4uipment Fund Special Colleczions 4,759 (101) 4,759 974 1258 133 4.658 1258 5.733 183 Total Funds 23.986 34.659 41.774 16.871
ST. MARTIN'S CHURCH OF SCOTLAND PORTOBELLO EDINBURGH Year to 31 December 2024 Notes to the Aecounts 4. Movements in Funds {eontinu¢d) Desi nated Funds Fabrie Fund This fijnd was specifically set aside to assist in the fuwicing of any major expenditure or new iiems in maintaining the upkeep of the Church. How¢v¢r the Church's Gen¢rnl Fund has now dropped lo a level where it has been decided to amalgamate these funds. R&stri¢ted funds Audio visual equipment fund During the year lo 31 December 2023 £5.C(K> was donaled to the Church Specif1lY to be used for the purchase and upgrading of the audio visual equipment. This took place during 2024. Special coll¢¢tlon8 These are collcthions taken up to Ix donaied to specifi¢ ¢harilies and not to Church fijnds. The Christmas 2023 collection was not included in income until 2024 and £183 of the Christmas income in 2024 was not remitted to the chosen charities at the year cnd. 3. An*tysls of doDallons Unreslrided Restricted Fulld$ Funds 2024 2024 Total 2024 Total 2023 FWO Sch¢me (non-gift aid) Gift Aid Donations Tax recovered on gift aid donations Ordinary offerings (open plate) Weddings, funerals & christenings Sunday teas Coffee momings El¢¢tion fec Hall let Donation for AV equipment Other offerings & donations Christmas tree bows sclaI Collections 2.508 8.170 3,551 3,711 450 624 616 700 80 2,508 8,170 3,551 3.711 450 624 616 700 80 3,466 7,338 3,382 3,252 850 472 702 5.0 277 91 1,260 1260 183 ,075 183 ,075 21,670 1.258 22.928 24,940 6. Fundrnising events Christmas Fair 2.883 2.883 3,156
ST. MARTIN'S CHURCH OF SCOTLAND PORTOBELLO EDINBURGH Year to 31 December 2024 Notes to the Accounts Unreslricted RestricteA Fulldx Funds 2024 2024 Totsl 2024 Total 2023 7. Cost of genernting funds Offering envelopes 82 157 8. ChAritAble a¢ilvllles Giving to Grow p5bYtery dues Minster's Trdvel Cleaner's salary Cleaning materials Church repairs & mainten)Ce Commemorative vases Audio visual costs 10 year anniversary buffet Trolley Laptop Manse council tax Manse repairs & maintenance Heat & light Insurances Copyright licenccs and musi¢ Miscellaneous expenses Printing. slationery and posts8e Broadband Telephone Website Community donation Special collections 2023 Special collections 2024 12.101 243 1,537 3,861 786 4273 12,101 243 1,537 3.861 786 4,273 8,090 193 656 3.267 73 8.768 216 241 760 4759 4,766 478 478 599 3.063 957 3.653 796 802 265 239 720 120 144 250 1251 3.136 1.731 2.868 1,251 1,862 234 33 720 132 206 250 3.136 1.731 2,868 1,251 1,862 234 33 720 132 206 250 422 552 422 552 35,709 5,733 41,442 35.174 9. Govern&nce eosts Independent examiner's fee 250 250 220 io
ST. MARTIN'S CHURCH OF SCOTLAND PORTOBELLO EDINBURGH Year to 31 December 2024 Notes to the Accounts IO. MiDlster'$ Stipend All Church of Scotland congregation5 contribu to the National Stipend Fund which bears the costs of all ministers. stipends and ernployefs contributions for National Insuran pension and housing and loan fund. MinAstS' StiFKnds are paid in 8c¢ordance with the national stipend scale. which is relate4J to years of service. For the year under review the minimum stipend w&8 £31.642 and the maximum stipend (in the fifth and subsequent years) £38.884 11. Collectionj for Third Parti 2024 2023 St Columba's Hospice Brunstane Prirnary School Holy Land Institute of the Deaf Earl Haig Poppy Fund Th¢ New Bethel Presbyterian Church of Ni8eri& Oshiri 228 250 600 251 150 120 204 552 1.251
ST. MARTIN'S CHURCH OF SCOTLAND PORTOBELLO EDINBURGH Year to 31 December 2024 APPEIYDIX FUNDS HELD ON BEHALF OF THE CONGREGATION BY THE CHURCH OF SCOTLAND GENERAL TRUSTELS CApfTAL ACCOUNT 2024 2023 Balance at l January 84,424 84,424 Balance at 31 December 84,424 84,424 2024 2023 Cost ofinvestments at 31 D¢etmber 2023 Consolidated Fabric Fund- CapitsJ- Gro Fund Deposited funds UDIts 269 1,418 83,(M)6 1,418 83,006 Credit bAltdnceg held at c1 al 31 Deeember 2024 84.424 84.424 Market Value ofinvestmeDts 4131 December 2023 Consolidated Fabric Fund- Capitsl- Gro Fund Deposited Funds 269 1,716 83,006 1,568 83,006 Market VAlu¢ of balanees at 31 December 2024 84,722 84,459 REVENUE A COUNT- lidated ¢fu 2024 2023 Balance at l January Interest received in year Investment income Transferred to Church funds Late costs from property purchase Administration charges 36.288 6,090 36 {8,576) 32,714 4,152 32 (480) (130) (424) Balance at 31 De¢embeT 33,414 36,288 12