CHARITY REFERENCE NUMBER- SC014389 ST AIYNE'S EPISCOPAL CHURCH ACCOUNTS FOR THE YEAR EI¥DED 30th SEvfEMBER 2024
ST ANNF.'S EPISCOPAL CHURCH CHARITY REFERENCF NUMBER- SC014389 -'H.41IITV -FRI'.%I'Tr: 11 l)er. f th¢ V¢stry INDF.PENDENf EXAMINLR Royal Bank of Scotland Union Sireel CoLipar Angus Blairgowrie PH13 9HW CHURCH ADDRESS Forf'ar Ruad Coupar Angus Blairgowrie PH13 9AN PRINCIPAL OFFICE
ST ANNE'S EPISCOPAL CHURCH REPORT OF THE VESTRY YEAR ENDED 30 SEFfEMBER 2024 The charity's trustees ptEsent their annual report tog¢ther with the financial stat¢rnents for thc year ended 30 September 2024. St Anne's Church is linked wÈth St Catharine's Blairgowrie and St Ninians Alyth under a joint liaison committee which allocates exFnses of Rectors stipend, pension. car mileage, office and rectory in the proportion St Arme's 400/0. St Catharine's 400/0 and St Ninians 20 %. Structur¢ and Governance In tenns of the Charities and Trustee Investment (Scotland) Act 21K)5 and the Charitie5 Account5 (Scotland) Regulations 2006, the Vesty reports to the congregation as follows- l. St Anne's Episcopal Church- Coupar Angus is a registered Scottish Charity (SCOI 4389) 2. It is a member of the Diocese of St Andrew& Dunkeld and Dunblane of the Scottish Episcopal Church and is in full wmmunion with the Anglican Church 3. The superior authority is the Bishop of St Andrew& Dunkeld and Dunblane 4. All of its affairs are governed by the Vestry. Appoilltment of Vestry Members Vesty members are elected or appotnted by Annual Congregational Meeting established by constitution and under Canon Law of the Scottish Episcopal Church. There is nu formal induction program but ongoin¥ guidancc is givcn to cn5urc that Vestry meEnbcr5 arc familiar with the Church's values, aims and responsibilities as the designat trustees of a charity. Administrative Strncture It is the duty of the Vestry to manage the tempornl affairs of the congregation with responsibility to keep the fabric and propcrty of the church and other buildings in good working order and lo look aftcr the finan¢¢s of the church. Statement of Risk The Vesty keeps under review the major risks to which the Church is exw)sed and has establishcd procedures to mitigate any risks identified. Charitable Objectives and Activities The Church's principal activities include public worship in sacrament and prayer. Christian education, charitable work and fund rnising for local, national and international needs. social meeting% predomiTJantly uf the youth. the elderly and rnany community groups of all ages. Volunteers The Vestry is grate1 for the time freely given by a large number of volunteers, without whom many of the activittes would be unable to operate. A¢hiev¢m¢nts and performance The Church continues to make its facilities available for use and provide worship for the whole wmmunity
.5T ANNF',4> F,PISC.OPAL CIIURCII REPORT OF THE VESTRY {eontillued) Finallelal Review A deficit of £l1.337 has been made during this financial year compared to a deficit of £6,221 last year. Pldtt% fipr future peri()d The Vestry will continue its range of present activities in the fO$¢¢abIC tiiture. Rescrves 'rhc Trcslry has adopfrd il policy of-trying to mainlain a level of unre.stricted re8Ce$ such thaL in the event of a signifjcant drop in incom4 the church would able ts) maintsin its cuffent level of activilies for a rwonabl¢ pcriod until rcplacemcni liinding is obtained. Statement of the Vestry Memb¢r's R¢sponsibilities Thc m¢mber5 of thc Vcstry must ppart financial stat¢mcnts which give sufficient detail to cniibl¢ appreciation of the transactions of the Church during the financial year. The members of the Vestry are responsible for kecping propci" accounting rccords which, request. must reflect ihe cunyni fmancial Ex)silion orth¢ Church aL thdl time. This must be done to ensurc that the financial statements comply wtth the Charities and Trnstce Inv¢sttn¢nl (Scotland) Act 2005 and the Charities Accoiints (Seotiand) Regulat&ons 2006. They are also sponsible for safegyudrding the assets of the Church and must takc reasonablc sÉcps for the Prevention and/or detethion of fraud and othcr irregularities. On behalf of the vesty
INDEPENDENf EXAMINER'S REPORT TO THE VESTRY OF ST ANNE'S EPISCOPAL CHURCH FOR THE YEAR ENDED 30 SEIryEMBER 2024 I report on the acLollnts of the charity for the veaT ended 30 September 2024 which are set out on pages 5 to 7. Respective responiibilities of VY Member8 examiner The Lharily's ttustees are reswnsible for the prepardlion of the accounls in accordancc with th¢ tcrnis ot.thc Lharitics and'l rustee Investment (scotland) Act 2005 and Charities ALcounls' (SLuiland) RegulaliDTE5 2006. The ChurLh'% member% of'the vesty onsider that the audit requirement of Regulation I 1} (d) of the Accounts Kcgulations docs not apply. It is my responsibÈlity to entnine the accounts as required under seclion 44(1) (c) of the Act and to state whethcT P3rticular rnatters hav¢ come to my attention. Basi¥ independent examiner's stat¢m¢nt My exaTninatiOn 15 carried oul in accordance with Regulatiun I l uf Ihc Charilic5 Accounts (Scotland) Regulaiions 21K>6. An examination includes a review of the accounting records kcpt by thc 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 th¢ trustccs conccrning such mattcrs.'I'hc proccdurcs undcrtaken do not pr()vide all ihe ¢videnLv ihdt would be required in an audiL and consequently I do not express an audit opinion on the view given by the accounts. Indendent eMiner'S statement In thc course ofmy exarnindt&()n, no matter has come to my attentton other than disclosed below . which gives me rSonable cause to kli¢v¢ that in any matcrial r¢spe¢t the trquityments.: - to keep accouniimg rEcDr(ts in accoTdanLe Section 44(1) (a) of thv 2005 Act and ResTulatiort 4 of the 2006 Accounts Regiilations, and - to preparc accounts which aceord with the accounting Te£ords and comply with Rcgulalion 9 af thc 2006 Accounts Ke¥ul&ions have not been me¢ or 2. to which. in my opinion, attcntion should bc drawn in ord¢r to ¢nabl¢ a propcr undersianding ot'the accounts to be reached.
ST ANNE'S EPISCOPAL CHURCH RECEIPTS ANO PAYMENTS ACCOUTr FOR THE YEAR ENDED 30 SEPTEMBER 2024 2024 2023 Notes Receipts Donations receNed Voluntary Income.. Pledged gNing Tax reclaimed (Gift Aid} other Bequests 14,243 3,620 1,320 13,936 3,174 360 19,183 17,470 Receipts from investments other than land & buiklings Investment income Bank interest 5,768 io 5,146 Gross receipts from other charitable activities Miscellaneous 5,828 4,118 Grants receNed Total ripts 30.789 26,735 Payments Payments for challtable actNrties Joint liason committee Quota Propety expenses heat, light & Insuran Administrative expeTrses Donations Altar expenses 14,910 3,089 6.439 62 215 3,563 15,300 3,046 6,729 3,166 Total payments for charitable activiknes 28,278 28,241 Donations paKI PrortY repairs 13,749 4,615 Governan costs IrKlependenl examinerfs fee 100 100 Total payments 42,127 32,956 Surplusl Idefi(#t) for year 11,337 6,222 All funds are unrostricted
ST ANNES EPISCOPAL CHURCH STATEPAEKf OF BALANCES AS AT 30 SEPTEMBER 2024 2024 2023 Bank and cash in hand Opening bal8n(E8 Surplus I IdefKitI for the year Transf8nBd frn the Generdl fund TranSferd to the General fund osing balances 4.599 11,138 10.000 10.821 6.222 3,462 4,599 Capitsl and Reserves Investments at mthet valu8 464.043 423.028 Cash held with stockbTokers General fijnd D8blors Current Liabilities 475,243 435.843 Accwals Total Net Assets 475.243 435.843 General reserves 475,243 435,843 The accounts Ive approved by thp Vestry c?nd STgned on their behelf
YEAR ENDED 30 SEPTEMBER 2024 1 PROPERTY The church, hall and rectory are not shown in the statement of balances as the Vestry believes that it is not possible to place a market value on them. The valuation of the buildings for Insuran is £4,124,992 2 FUNDS The various funds are all held unrestricted and held to support the woth of the Chruch and upkeep of their propety 3 TRUSTEE EXPENSES Remuneration None of the Veslry members received remuneration in respect of their position as Vestry members. However the Rector, also rector of St Calhatine's Blaiig¢)wrie and St Ninian's Atyth receives a stipend, pensTon contribution from the three churches and wcupies the rectory on a rent-free basis with the Council Tax also being paid by the Church. There were no expenses paid to membern of the Veslry. 4 PROPERTY EXPENSES 2024 2023 Heat and light Chur¢h repairs Insurance 2,913 13,539 3.525 19.977 3,579 4.615 3,150 11,344 5 GRANTS PAID