GIASGOW.. fvIARYHILL RUCHILL PARISH CHURCH OF seoTIAND ANWAL REPORT AND Con8regation No: 161069 Charlty No: SC014538
Glasgow: Maryhill Ruchill Parish Church of Scotland Reference and Administrative Information Charity Name- Glasgow: Maryhill Ruchill Parish Church of Scotl3nd Charity fteglstration Number.. SC014538 Congregation Reference No: 161069 Church Address: 1990 Maryhill Road Glasgow G20 OEF www.maryhillruchlll.org.uk Trustees Klrk SeÉ¢lan Tret75urer Prifidpal OfflctrBearers Mlnister: Sesslon Clerk: Other Members of Mlnlstry Team Deacon: Cornmunlty Outreach Worker.. Church OlCer.. Church Officer.. Church Treasurer: Independent Examiner Prfn¢lpal Bankers The Royal Bank of Scotland 116 Cowgate Kirkintllloch Glas8OW G66 IJX
GLASGOW: MARYHILL RUCHILL PARISH CHURCH OF SCOTLAND TRUSTEES. ANNUAL REPORT YEAR ENDED 31ST DECEMBER 2024 The Trustees present their annual report and financial 5tatement5 of the charity for the year ended 31 December 2024. The financial statements have been prepared in accordance with the accounting policies set out in the accounts and comply with the General Assembly Regulations for Congregational Finance. the Charities and Trustee Investment15cotland) Act 2(M)5, the Charities Accounts (Scotlandl Regulations 2006 las 3mendedl and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021 effective from I January 2019. Structure, Governance and Management of the Church Governing Document The Church is adMinisted in accordance with the terms of the Church of Scotland's Unitary Deed of Constitution. Recruitment and Appointment of Trustees The Church is governed by its Board. which is known as the Kirk Session, and the Trustees are elders of the Church. As such, great thou8ht and consideration is put into nominating and appointing elders who are considered to have the appropriate gifts and skills. Or8anlsatlonal Structure The Kirk Session meets roughly six times per year and oversees the running of the church. for spiritual, financial and material matters. The Kirk Session is chaired by the Minister, who is elected by the congregation and indurted by Glas8ow Presbytery. Objectives and Activities The Church of Scotland is Trinitarian in doctrine, Reformed in tradition and Presbyterian in polity. It exists to glorify God and to work for the advancement of Christ's Kingdom throughout the world. As national Church, it acknowledges a distinctive call and duty to bring the ordinances of religion to the people in every parish of Scotland through a territorial ministry. It coperate$ with other Churches in various ecumenical bodies in Scotland and beyond. The Parlsh We Serve A5 a result of the Union, our parish now has c.23,(KX) people and cover5 a wide area: from Acre in the north to the River Kelvin and the Firhill 8asin in the south and from Cadder and Ruchill in the east to North Kelvinside in the west. The size of the parish is due to the congre8ation bein8 formed from the union of Maryhill and Ruchill Kelvinside in 2022. We serve a varied parish with area5 of wealth next to pockets of real deprivation. It suffers from the problems which are characteristic of any deprived inner-city area: alcohol and drug abuse, difficult housing, violence, vandalism, lone parents, teenage pregnancy. Life expectancy is lower than the Scottish average (five years lower for men and four years for women) and 32% of the population have a long-term limiting illness or disability. Almost half142%1 of people of working age are unemployed or on benefits. This means that 44% of children are living in households where the main breadwinner is either under-employed, unemployed or on benefits. Generational unemployment is so common that young people 8row up with very low expectations of life and work. For many. it's difficult to break out of the situation as 60% of those who are unemployed have no qualifications.
GLASGOW: MARYHILL RUCHILL PARISH CHURCH OF SCOTLAND TRUSTEES, ANNUAL REPORT YEAR ENDED 31ST DECEMBER 2024 How We Worship We offer worship for all every Sunday at 11am, followed by tea and coffee, and at 11.30am on Wednesdays. Our style Is a mlx of traditional and modern and we strive to make all feel welcome and at home. We are pioneeringa model of intergenerational church, examiningall elements ofourworshlp to make space for all ages and learning styles. Members of the con8re8ation take part in leading worship - not just readin8s and prayers but also delivering the sermon or a talk. We love encouraging our members and developing their gifts and this has been a real blÈssing on our church to see people grow and share with the con8regatlon. We continue to offer a hybrid model and are trialling using Facebook Live for those who can't be with us in the building. Holy Cornmunion is celebrated the last Sunday of March, June and October and at some point in the Easter and Chri5tma5 sea50n5. At Chri5tma5 time we have an all-age Nativitv Service in the lead up to Christmas, followed by a Watchnight service on the 24th and a morning service on the 25th December. We celebrate Christian Unity week every January with neighbouring Churches acr055 Maryhill and offer Holy Week services in a different Church each evening. Most years, in latÈ summer, we hold a leaders. day away to the Bield. This is a very important time as it gives focus to and shapes much of our work for the year ahead through the reflertion and plannin8 that take5 place. Youth Artlvltles The church organises a varied nurnber of youth activities. On a Sunday morning, all ages joln together for worshlp. A key focus of our en8agement with youn8 people and families is In the church service: sharin8 the learnin8 and enjoyin8 creative challen8es set each week. The church is also the base for uniformed youth groups: the 152nd Glasgow Boys. Brigade {currently th Anchor & Company Sections) meet in the church hall while the 90 Glas8ow Glrls, Brlgade Companv, which is also affiliated to the church. meets in the nearby 8ellcrai8 Community Centre. We usually hold an annual Holiday Club for one week during the summer holidays. The mornings are spent delivering a club for primary children and the afternoons are dedicated to offering activitie5 for the teenagers who help run the Club. This year we worked with the Immaculate Conception to offer second week of the Club, helpin8 US to reach over fifty children through the fortnight. Achievements and Performance Average Sunday attendance Is In the range of 50-70 people of all ages. Registered membership of the congregation at the end of 2024 was 13912023- 1371. In 2024 we welcomed no new elders. Various organisations use our buildings across our two sites. In all, it is estimated that about 85 young pèople and over 400 adults are involved in usinR the building through the week for the different regular activities. Schools Work The Ministry Team have continued to be active in the local primary schools: Cadder, Caldertuilt, High Park. North Kelvinside and Parkview. Support is provided in a variety of ways, from supporting seasonal events, to takin8 classes and assemblies within the Religious Education curriculum. Our Deacon offers weekly rugby lessons, while lias shaped a number of art workshop5. Both along with the help of volunteers, provide workshops in the schools at Easter and Christmas. These are always good fun. enjoyed by the children and encouraging to the team. All these actikitie- ve have regular contact and good relationships with all the primaries in our parish are part of a joint chaplaincy with other churches to Cleveden Secondary School. offeri ng classes and assemblies.
GLASGOW: MARYHILL RUCHILL PARISH CHURCH OF SCOTLAND TRUSTEES. ANNUAL REPORT YEAR ENDED 31ST DECEMBER 2024 s also part of an ecumenical team offering a weekly scripture Ui)iilil 6foLlP thprp. Outwith our pdrish,is chaplain to Kelvinside Academy and Gla5gowAcademy re both trained Companions for the programme Seasons for Growth - è programme designed to help children learn how to cope with loss of any kind (not just bereavementl. ave carried out three cycles of thi5 programme in Cadder Primary School and eight in Caldercuilt Primary School. This is a valuable programme and a rcat gift for the church to be able to offer it free of charge to local primaries. In the wider community Is a Church Representative for Education Matter5 for Glasgow City Council on its City Administration Committee. He is also Convener for the Education. Learning & Nurture Committee in Glasgow Presbytery. Church Actlvltles in the Communlty We offer a variety of groups for all a8es With volunteers makin8 all of these activities possible - wilh the MinistryTeam providing super4ision and support. Starting with the youngest, there is a weeklystay & Play group during term-time. which is widely appreciated. It offers a chance for parents. grandparents and carers to come togetherfor peer support and a chance to play with their little ones. There Is a wide variety of toys on offer, as well as time for singing and a snack. In August 2023 the group moved from the church to the Sanrtuary space at The Mackintosh Ha115 and now runs alongslde the Gaffe Caff on Friday morning. It has grown from strength to 5tren8th since the move. Our children have many chances to come together through the week thanks to the aforementioned uniformed youth 8roups. We also have SIUP (now Breakout), a 8roup for young people aged 12+ to come and play sports and board games, craft or bake. For seniors, our Friday Focus meets fortnightly f rom September to June. offering a topic for discussion and a varied programme. followed by tea and cake- closin8 Wlth a thought for the day. The Highwav Club is held weekly under the auspices of Glas8ow's Golden Generation and offers a social gatherin8 and entertalnment. We have continued to grow our partnership with our Roman Catholic nei8hbours at the Immaculate Conception. The Ecumenical Group (made up of members from both churches) have or8anised a number of events through the year, both social and splritual, but usually include anything from a 'Pop Up. event at a local supermarket to a Pentecost Picnic. These events a greatly appreciated by both congregations and well supported. Across our two sltes we provide space for three different congregations (not including MRCI to worshlp each Sunday, various addiction and recovery community meetin85, as well as our Warm Welcome initiative, now known as the Gaffe Caff. Social and fundraising events are held each year- primarily our long-established Spring and Christmas fayres. with this year seeing us add a monthly bake sale to help raise funds. As well as fundraisingi these events are important in helping build connections in the community - tth between local residents and between the church and community. We have been particularly exploring the mu5icallarts aspect over the last couple of years. This has seen us partner with Vox Liminis to provide musical evenin8S where ex-offenders share their music and stories to a varied audience. Member5 of the Ministry Team also conduct baptism5. weddings and funera15 for anyfamilies in the parish who request a servite. This includes preparation meetings for baptisms and weddings and pastoral support for 8rieving farnilies. Through the year, 18 funerals Vre conducted. usually outwith the church building, both for families who have a church connection and those with none. There were no weddin85 and two baptisms. induding two adult baptisms and no service5 of Thanksgiving and Dedication of a Child.
GLASGOW: MARYHILL RUCHILL PARISH CHURCH OF SCOTLAND TRUSTEES. ANNUAL REPORT YEAR ENDED 31ST DECEMBER 2024 ontinues to sit on the Board of the Maryhill Integration Network (MINI. This is a local charity in wliich volunteers work togetherwith statutory agencies to welcome and give support for asylum- seeker families and ref u8ees. MIN provides a variety of activities to both offer help and brin8 the community tO8ether to build relationships Ilso represents the church on the Cadder Community Festival Group. which is responsible for organising the annual Gala Day. This is a great organisational undertaking and Jim puts in a lot of effort to make sure the community has a low-cost. fun family day out. is the Chair of Maryhill Activity Directory IMADI, with•ein£ the Treasurerand ]eing the Secretary. MAD is a bi-annual booklet listing hundreds of activities going on in the area with a variety of different groups and clubs and something for all ages. It also lists support and emergency services to help people find the help that they need. It is a hugely valuable resource with 15.000 copies of the last edition being made available in community hubs over the tr¥VO year lifespan of the booklet. It Is a hugelv valuable resource and the initiative is supported by local politicians. public bodies and third sector organisation5. The launch of the latest booklet wa5 in March 2024. Together We Make Maryhill In September 2018we launched Together We Make Maryhill-a project encourn8in8 activitywithin the community but with a focu5 on developing and nurturing volunteers. Volunteering is a great way to develop and discover skills. meet new people, try new things and build confidence. We believe that what volunteers gain through volunteering is just as valuable as what the communlty gains through the activity offered. The project is run by the Community oUta¢h Worker, lona Craig. Sometimes people need a little extra help to navi8ate throu8h the process and this is where the staff support comes In. The church's community connections make us an excellent safe space for people to turn and then we can join them up with a suitable organisation. In September 2021, following on from the pandemic and building on the strengths of the partnership wlth the Immaculate Conception RC Church, we made the transition to sharing this work. lona's role as a Community Outreach Worker is now shared between the two communitie5 of faith and we fundraise and plan the work tO8ether. The scope of the work continues to 8row and while the majority of this funding is for stsff costs. funds a also allocated towards projert costs, trainin8 and an annual residential trip for our young people. Flnanclal Revlew Investment Poliry and Performan The investments of the Church are invested in the Growth and Income Funds of the Church of Scotland Investors Trust I'COSIT") and thereby obtain the benefst of professional management, continuous portfolio supervi5i0n, spread of investment risk and economies of scale. COSIT has an ethical investment policy and does not invest in companies substantially Involved in alcohol, tobacco. 8amblin8 or armaments. Capital invested in the Gro%vth Fund is lar8ely equity based and Is intended for long term investment. The funds are operated on a unitised basis and aim to provide capitsl growth whilst 8enerdtin8 income for Church purposes. Capital invested in the Income Fund is intended for medium-term investment and aims to provide immediate high income with funds invested predomirFantly in fixed-interest securities and operated on a unitised basis. The total return was positive in 2024 with the Growth Fund returning 11.2%12023: 10.3%) and the Income Fund 6.4%12023: 8.2%} from income distributed and capital growth.
GLASGOW: MARYHILL RUCHILL PARISH CHURCH OF SCOTLAND TRUSTEES, ANNUAL REPORT YEAR ENDED 31ST DECEMBER 2024 Rlsk Management Although the Trustees have not discussed the risks specifically this year. the genefal truths of risks remain- including the continuing effects land risks) of the pandemic. The risks are.. The need to increase our income The increasing costs involved in the upkeep of our buildings The changing nature of lets in our buildings The ageing con8re8ation The effects of the Presbytery Plan The Session and Finance Team are fully aware of the above concern5 and have considered the charity's financial requirements and are making plans to mitigate the risks noted. Unrestrlcted Funds The principal source of income is from donations and legacies, which totalled £107,738 for the year 12023: £160.0631. Overall income was £210,969 against total expenditure of £234.574giving a reported deficit for the year of £23.605 before gains on investments which totalled £40,371 giving a total Increase in funds of £16,766. The overall value of funds closed at £1,637,509, of which £142,419 comprised bank and cash balances. Restrlcted Funds To8etherWe Make Maryhill-this meets the cost of the Community Outreach Worker (COW} and other costs relating to encouraging work in the community. We are very grateful to a number of bodie5 who provided grants of £35.572 during the year and the Immaculate Conception RC Church for it meeting half of the costs of the COW. The accounts COrd a surplus this year of £8,750 leaving a balance to carry forward of £14.805. MackinTotS - this gard$ funds received for under 5s and their families. This is primarily a trial of a family hub where we offered a Stay and Play Monday to Friday during school hours for six weeks. Music Fund- these are funds received in order to offer musical event5 to the community. Reserves Pollcv In order to ensure the continued viability of the Church, It is the Trustees. policy to hold reserves in respect ofthe General Fund of up to one year's expenditure. At the year end, the Church had cash funds of £135,392 relatin8 to the General Fund. The Church also had £7,027 relating to the designated Fabric Fund. It is the Trustees, policy that cash reserve5 of up to £15,CK)O can be held for that fund in order to meet any urgent unexpected fabric work. The investments held for the Fabric Fund are intended as long-term investments that provide income for the fund, as well as potentially lon8-term 8rowth. However, if necessary, some of the investments may be 501d. The Church also had restricted reserves of £30,254 at the end of the year as shown in note 15. ststement of Trustees, Responsibilities The charity Trustees are responsible for preparing a Trustee5' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Prattice). The law applicable to charities in Scotland requires the charity Trustees to prepare financial Statements for each year which show a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period. In preparing the financial statements. the Trustees are required to:
GLASGOW: MARYHILL RUCHILL PARISH CHURCH OF SCOTIAND TRUSTEES, ANNUAL REPORT YEAR ENDED 31ST DECEMBER 2024 selert suitable accounting policies and then apply them consistently: observe the method and principles in the Charities SORP: make judgements and estimate5 that are reasonable and prudent; State whether applicable accounting standards and statements of recommended prattice have been followed, subject to any departures disclosed and explained in the financial statements: prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operational existence. The Trustees are responsible for keeping proper accountin8 records which dlsclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities and Trustee Investment {Scotlandl Act 2005 and the Charities Accounts Iscotlandl Re8ulations 2(K)6 (as amended). They are also responsible for safeguarding the assets of the charity and hence for taking rea50nable 5tep5 for the prevention and detection of fraud and other Irregularltles. The Trustees are responsible for the maintenance and integrity of the charity and financlal information on the con8re8ation's website. Le8islation in the United Kingdom governing the preparation and di55emination of financlal statements may differ from legislation in other jurlsdictions. ADDroved bv the Trustees on 29 June 2025 and signed on their behalf by Session Clerk
GLASGOW: MARYHILL RUCHILL PARISH CHURCH OF SCOTLAND SC014538 Independent Examiner's Report to the Trustees of Glas8ow: Maryhill Ruchill Parish Church of Scotland I report on the accounts of the charity for the year ended 31 December 2024 which are set out on pages 9 to 20. Respectlve responslbllltles 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 (Scotlandl Act 2005 and the Charities Accounts (Scotlandl Regulations 2006 (as amended). The charity Trustees conslder that the audit requirement of Regulation 10111 (al to Icl of the Accounts Re8ulations does not apply. It is my reSFJonsibility to examine the accounts as required under section 44{11 Ic) of the Act and to State whether particular matters have come to my attention. Basls of Independent emamlnerfs statement My examination is carried out in accordance wlth Regulation 11 of the Charitles Accounts (Scotlandl Regulations 2CK)6 {as amended). An examination includes a review of the accounting records kept by the charlty and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seek5 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 vlew given by the accounts. Independent exarniner's ststement 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) {al of the 2005 Act and Re8ulation 4 of the 2006 Accounts Regulations las amended). and to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations las amended) have not been met, or to which, In my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 30 June 2025
Glasgow: Maryhill Ruchill Parish Church of Scolland Statement of Financial Actlvities for the year ended 31 December 2024 lthrestrkted Aestikted Funds Funds 2024 Lknrestrkttd Restrkted Funds Funds Total Total 202J Nots 20Z4 2024 2023 2023 Incorne and endowments from: Donations & legacies Charitable activities Other trading artivities Investment Income Other 107,738 58, 161 2,LKKI I(8,738 IFJ),(E3 66.756 124,917 53.033 30.CrfJ) 30,CO) 10,975 41,673 295,744 720 iEQ,783 23,553 76,586 12, 2,166 210,969 10,975 41,673 320,017 2,166 279,725 Total Income 68,756 24,273 Expendlture on: Ralsing funds Charitable actlvlties Total expendlture 1,497 233.077 234,574 1,497 277,634 279,131 1,892 237,202 239,LVJ4 1,892 41,344 278,546 41,344 2,438 44,557 44,557 Net Sncomellexpendlturel before 8alnsllosses on Investments 123.El)51 40,371 16.766 24,199 594 40,371 24.199 40,965 56,650 117,0711 31.j 88.559 39,579 31,3 71,488 Net 8ainslllossesl on investments Net Income/{expendlrej 117,0711 Transfers between Funds Galn on revaluatlon of flxed assets Net movemeTrt In funds 27,7C6 127,705} 365,) 481.264 365,(KMI 144,7761 436,488 16,766 24.199 40,965 Reconclllatlon of funds: Total funds brought forward Total funds carrled forward 1.620,743 15 1,637.5( 6.055 1,626,798 1.139,479 30,254 1.667,763 1,620,743 50,831 1,19),310 6,055 1,626,798
Glasgow: Maryhlll Ruchlll Parish Church of Scotland Balance Sheet as at 31 December 2024 2014 20ZJ Flxed Assets: Tangible assets Investments Total Flxed Assets LOI3, 478,934 1.492.819 I,LW,C63 438,563 L502.645 li Current Assets Debtors Cash at bank and In hand 12,195 173,424 185.619 129,233 Total Currenl Assets Llabllltle5 Creditors falllng due wlthln one year Net Cufrent Assets 10,675 174,944 124,153 Assets less Current Uabllllies L667.763 L626,798 Creditors falling due after fflore than one year Net A55ets 14 L667.763 L626,PJ8 The funds of the charlty: Restricted income funds Unrestricted income funds 30.254 L637,5(8 6,055 1,620,743 Total charfty lunds L667.763 1,626,798 The accounts We approved bythe trusteeson 29June 2025and slgned on thelr behalf by: Sesslon Clerk Treasurer io
Glasgow.. Maryhill Ruchill Parish Church of Scotland Year ended 31 December 2024 Accounting Policies The principal accounting policies, which have been applied consistently in the current and precedin8 year in dealing with items which are considered material to the accounts. are Set out below. Basls of preparatlon The accounts have been prepared under the historical cost convention, modified to reflert the inclusion of investments and the former manse at market value. and in accordance with appl icable accounting standard5, Accounting and Reporting by Charities.. Staternent of Recommended Practice to charities preparing their accounts in accordance with the Financial Reporti ng Standard applicable in the UK and Republic of Ireland IFRS 1021 leffertive l January 20191, the Flnancial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021. the Charities and Trustee Investment (Scotlandl Act 2OJ5 and the Ch3ritie5 Accounts (Scotlandl Regulotions 2QlJ6 las amended). This has involved restatin8 the comparative figures as the 2022 account5 were prepared on the Receipts & Payment5 basis. The Charity meet5 the definition of a public benef it entity under FRS 102. The Trustees consider that there are no material uncertainties about the charlty's ability to continue as a 80in8 concern. Fund accountlng Funds are classif led as either restrirted funds or unrestricted fund5, defined as follows. Restrirted f unds are fund5 subject to specific requirements as to their use which may be declared by the donor or with their authority or created through le8al processes. but still within the wider objerts of the charitv. Unre5trirted funds are expendable at the discretion of the trustees in furtherance of the charity's objects. If parts of the unrestrirted f unds a earniarked at the discretion of the trustees for a particular purpose, they are designated as a separate fund. The designation has an administrative purpose only and does not legally restrirt the trustees. discretion to apply the fund. Incomg rrtognltlon Income is recognised when the charity has entitlementto the funds, any performance conditions attached to the itemlsl of income have been met, it is probable that the income will be received and the amount can be measured reliably. Interest on funds held on deposit is induded when receivable and the amount can be measured reliably by the charity- this is normally on notificotion of interest paid or payable by the bank. Oividends on investments are recognised once the dividend has been declared and notificatlon has been received of the dividend due. On receipt, donated professional services and donated faolitles are recognised as income on the basis of the value of the gift to the charity which is the amount the charity would have been wi Iling to pay to obtain services or faalities of equivalent economic benef it on the open market- a corre5pondin8 amount is then recognised as expenditure in the period of receipt. In accordance with the Charities SORP IFRS1021 the general volunteer time of congregation members is not recognised. li
Glasgow: Maryhill Ruchlll Parish Church of Scotland Year ended 31 December 2024 Accountlng Policies (contd.) Expenditure reco8nltlon Ltabilities are recogni5ed as expenditure as soon a5 there 15 a legal or constructive obligation committin8 the charity to that expenditure, it is probable that Settlement will be required and the amount of the obli8ation can be MeaSud reliably. All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headin8S. The Charity is not re8lStered for VAT and expenditure therefore includes irrecoverable input VAT. Flxed Assets The charity has the rlght to occupy and use for its tharltable objerts certain tangible fixed assets, including the Church and halls, vested in the Church of Scotland General Trustees. No consideration 15 payable for the use of these assets. Expenditure incurred on the repalr and maintenance of these assets Is charged as resources expended in the Statement of Financial Activitie5 in the period in which the liability arise5. The fomier manse of Ruchill Kelvinslde which is vested in Local Trustees is induded at market value as estimated by the Trustees. All other fixed assets Costing in ex$$ of £5,IM) havln8 a value to the charity greater than one year, other than those acqulred for 5pe¢Sfic purposes. are capitallsed. Depreciatlon Ss provlded on a stral8ht-line ba515 to write off the cost or InStlal value, le55 resldual value, of tsngible fixed assets over thelr estimated useful lives. Property Improvements 10 years Furniture & Fittings Ioyears Audio visual and sound equlpment 4 year5 Investments Fixed asset investments are stated at market value at the balan sheet date. Unreallsed galns and losses represent the difference between the market value at the beginning and end of the financial year or, if purchased in the year. the differen between cost and market value at the end of the year. Reallsed gains and losses represent the difference between the proceeds on dlsposal and the market value at the start of the year or cost if purchased in the year. Taxatlon Maryhill Ruchill Parish Church of Scotland is recognised as o charity for the purpose5 of applicable taxation legislation and is therefore not subjert to taxation on its charitsble activities. 12
Glasgow: Maryhlll Ruchill Parish Church of Scotland Notes fomilng part of the financial tements for the year ended 31 December 2024 iknfestrkted Restrkted Funds Funds Lknrestrkted Restrktd Tota Funds Funds Tot 2024 2024 2024 2023 2023 2023 l Donatlons and Legades Offerings Tax Recovered on GiftAid Le8acies Donations Grènts Other 39,278 39.278 36,653 36,653 IL223 IL223 101.850 3,176 101,850 49,573 5L573 107,738 2,(XX) 109,738 IE£I,063 IfLJ,783 2 Income from Charft•ble artlvltles Hall lets Weddings and funerals Congregational events TWMM events Grants ITWMMI Grants (Other) 52,650 52,650 47.702 47,702 4,731 4,731 49,861 49,861 15,031 15,031 66,756 124,917 23.553 23.553 58. 161 53,033 23,553 76,586 3 Inme from othertradln8 actlvltles Rent ot manse (Mitre Rdl 30,(XO 30,( 30,COJ 3),([ 4 Investment Incorne Dividends reiVed Deposit interest 10,527 2.377 12, 10.527 2,3n 9.322 1,653 10,975 1,653 10,975 5 Other Income Drawn down from General Trustees LPOW (Grant) 40,398 1,275 41,673 2,166 2,166 2,166 2,1&5 1.275 41,673
Glasgow.. Maryhill Ruchill Parish chUh of Scotland Notes fomilng part of the financial *atomonts for the year ended 31 Detember 2024 iknre#rtrted Restrirted Funds Funds 2024 2024 lknrestrkted Restricted FurFd5 Funds 2023 2023 Total 2024 Total 2023 6 Analysls of Expendlture Ralsln8 Fund5 Offering Envelopes Cost of Generating Funds- Manse Agency Fee Cost of Generating Funds- Other 1,497 L497 452 1,892 452 1.892 1.497 L497 Charltable Actlvltles Givin8 to Grow Contributions Presbytery Dues Minister's Expenses Deacon's Expenses Council Tax Pulpit Supply Other Salary Costs Fabric Repairs & Maintenan Fabric Improvements Water & Insurance Heating and lighting Churth Office Expenses ind. broadband & phone Organ and Music Expenses Outreach ITWMMI Independent Examiner's Fee Depreciation Mitre Road expenses Mainly Music Donations Other expenses 36.812 3.829 3,624 36,812 3,829 3,624 47,623 2.618 47,623 2,618 2,596 1,2 5.1])3 5.124 5,124 5,(X)3 41.303 34.020 2,803 7,324 23.447 64,fJO 34,020 2,83 7,324 33,179 37,849 1,650 7,445 34,716 27.592 60,771 37,849 L650 7,445 34,716 2.162 2,162 Ico 19.528 19,528 L542 13.752 13,752 50.198 So.8 950 4,403 50,198 3.233 233,077 4.815 44,557 277.634 4.750 41,344 278,546 237.202 Total 234.574 44,557 279,131 239,(VJ4 41,344 ,438 Support Cost5 have not been separately identified as the trustees consider there is only one charitable activity. Therefore support costs relate wholly to that activity and have not been separately identified. 14
Glasgow: Maryhill Ruchill Parish Church of Scouand Notes fomilng part ofthe financial statemenls for the year ended 31 December 2024 7 Staff Costs and numbers Salaries and wages Social security costs Pension costs Total 63,158 59,158 1,592 64,750 1,613 EQ,771 The average numberof ernployees duringthe yearwas as follows- Number Number Premises maintenan Outreath No employee had employee benefits in excess of £,(K)I2023 nil) All Church of Scotland congregations contribute to the National Stipend Fund which bears the cost5 of all ministers, stipends and employer's contributions for national insurance, pension and housing and loan fund. Stipends are paid in accordance with the national stipend scale, which is related to years of service. For the year under review. the minimum stipend was £31,642 and the maximum stipend lin the fifth and subsequentyearsl was £38,884. 8 Trustee Remuneratlon and Related Party Transartlons Durin8 the year one trustee (the Mnisterl received reimbursernent of expenses incurred in respect of council tax, travel and other expense5 totallin8 £6.367 {2023- £5,fAt71. No trustee or person related to a trustee had any personal interest in any contract or transartion entered into by the tharity duringthe year. During the year. a total of £1104212023- £IL8421 was donated to the con8re8ation by Trustees. 9 Volunteers In common with all congregations of the ChuTth of Scotland the con8re8ation benef its f rom the contribution made by volunteer5 who give their time and talents willingly for the benef it of the Church. The areas of congregational life which rely on the contribution of volunteers are marty and varied and much of the activity would be unable to continue were it not for the commitment shown. 15
Glasgow: Maryhill Ruchill Parish Church of Scotland Notssfornilng part of tho financial slatements for the year ended 31 December 2024 10 Tangible Fixed Assets Audlo VlsuJl Former Property Manse Iprovements Furnlture & Sound & Flit5n85 Equlpment Tot Cost/valuation At ljanuary 2024 Additions Gain Illossl on revaluation Disposals At 31 December 2024 JO,(M)) 457,170 9.971 13,937 1,231,078 71,[1 457,170 9,971 13,937 1.231.078 Accumulated Depretlatlon At ljanuary 2024 Charge for year Eliminated on Disposals At 31 Dernber 2024 155,546 45,717 997 937 10.452 166,995 50,198 201,263 13,936 217, 193 Plet Book Value At 310ecember 2024 750.C(fl 255.7 7,977 1 1,0ts.885 At 31 December 2023 ),CiiJ 301,624 8.974 3.485 l,o64,L3 16
Glasgow: Maryhill Ruchill Parish Church of Scotland Notes forrning part of the financial *atemonts for the year ended 31 December 2024 11 Investments 23 Marketvalue at ljanuary Purchased during the year Sold during the year Gain Illossl on revaluation Marketvalue at 31 December 438,563 4(,654 40.371 478,934 31, 438,563 Investments at cost 384,992 384,992 Net 8ainslllossesl on disposal of investments Sale proceeds Market value at l January Net realSsed gainslllossesl in year The followln8 investments are held: Church of Scotland Investors Trust Growth Fund Church of Scotland Investors Trust Income Fund 467,067 11,867 478,934 426,8113 11,7EQ 438,563 12 Debtor5 2023 GiftAid Tax Refund Due Prepayments LPOW Grant Other- Rent Due 547 2,166 3,482 12, 195 13 CredltoTh falllng due wlthln one year Accruals Other taxes and social Security costs 9, IT2 1,503 10,675 1,398 15,048 14 Credltoys fallln8 due after MO than one year None 17
Glasgow: Maryhill Ruchill Parish Church of Scolland Notes forniing part oftha financial #atgmenls for the year ended 31 December 2024 15 Movement In Fund5 Atl Galnlllossl Januxy Outiolry on Mansel 2024 Aegouros RerS Investments At31 Dember TrSterS 2024 Restrfcted funds Togetherwe Make Maryhil MackinTots Music Fund 6.055 51,725 15,031 (42,9751 11,5821 I4,) 13.449 6.055 68,756 144,557 3),254 Unrestrfrted fund5 Designated Fabric Fund Fixed Assets General Fund 41.614 I,W,083 150,1981 515,046 209,W 1184,3761 1.620,743 210,969 234,5741 2.355 1,013,&85 578,655 1,637,5C6 38.016 40.371 Total funds 1.626,798 279,725 279.131 40.371 L667,763 AnalyslsAorPrevlous year Ati GthIILos%l y¥y Ouwilns onP•knsel 2025 Resowos Resour$ knvestments Tran%fer5 At31 Deomber Z023 Restrlrted funds Together We Make Maryhil 50.831 24.273 50,831 24,273 141.3441 141,3441 127,7051 127,705 6,055 6,055 Unrestrlrted funds Designated Fabric Fund Fixed Assets General Fund 1,027 2,187 726,810 IY).198) 365.C(K) 374,269 291.717 1188.8961 29.722 1.139,479 295,744 I239.(} 396. 41,614 22.471 1,LW,L 5,234 515,046 27,705 1,620,743 Totsl funds I.1,310 320,017 280.438 1,626,798 Pu ses of Restrfrted Funds Together We Make Moryhill.- This is a fund to meet the costs of the Community Outreach worker and other costs realting to developing a programme of volunteering and work with young people and older people. Its work is, to a substantial extent. funded by grants for thi5 purpose. Mackinfots.. This is afund to meetthe costs relatingto developinga Farnily Hub programme for under 55 and their parent5lcarer5. Music Fund.. This is a fund to meet the costs relatin8 to delivering musical event5 and artivities in the community. Pu ose5 01 UnrestrlLted Fund5 FabrK Fund.. This fund is held to meet unexpected fabric repairs Fixed Assets.- The fund represents the net book value of the fixed assets GeneralFund.' This fund deals with the day-to-day running of the Churth. 18
Glasgow: Maryhill Ruchill Parish Church of Scotland Notssfomilng part ofthe financial atsment8 for the year ended 31 December 2024 16 Analysls of Net Assets Among Funds General De518nated Restrkted F)d Funds Funds Total Fixed Assets Investments Current Assets Current Liabilities Net assets at 31 December 2024 LOI3, 37,942 7.027 1,013,885 478,934 3L¢YJ5 185,619 7511 110,6751 30,254 1.667,763 440.992 147,587 19.9241 57&655 1.058,854 Prevlous year General Deed fte5trlrted Fund Fund5 Funds Total Fixed Assets Investments LW,(B3 35,588 6.026 402,975 126,237 14,IE6 515.Ch16 1.105.697 438,563 139.21X) Current Assets Current Liabilities Net assets at 31 December 2023 6,937 6,15 1,626,798 17 Collertlon5 forThlrd Partles Lodging House Mission Maryhill Activity Dirertory Parent's Circle Maryhill Housing Assoc. Kelvin5ide Hillhead Appeal 211 49 1,995 1,350 19
Glasgow: Maryhill Ruchill Parish Church of Scotland Year ended 31 December 2024 Appendix FUNDS HELD ON BEHALF OF THE CONGREGATION BY THE CHURCH OF SCOTLAND GENERAL TRUSTEES CAPITAL ACCOUNTT Credit Balances held at 31 Dember at cost 18,302 12,015 Market Value of Balan at 31 December 19,633 19,344 REVENUE ACCOUNT Credit Balance at 31 December 12.593 11,173 TEMPORARY ACCOUNT Credlt Balance at 31 December Total Market Value of Accounts at 31 December 32.226 30,517