The Church of Scotland CAMELON PARISH CHURCH Report and Financial Statements For the Year Ended 31 December 2024 Congregatlon No: 2211340 Scottish Charlty No: SC 014816
Camelon Parish Church, Church of Scotland Report and Financial Statements For the Year Ended 31 December 2024 Contents Pages Trustees, Annual Report Ilncluding Reference & AAministratwe Information) Report of the Independent Examiner Statement of Financial Activities (including Income & Expenditure acCntI Balance Sheet 10 Notes to the accounts Appendix- FurKls heFd by Church of Scotland Genera Trustees 21
Camelon Parish Church, Church of Scotland Trustees. Annual Report For the year ended 31 December 2024 The Iwslees piesenl their annual report and finanual slalemenls of Camelon Pansh Church, Churth of Scotland Ihereinafter referred to as Camelon Parish Church or the Church) for the year ended 31 December 2024. The financial slalemenls have been prepared in accordance with the accounting policies set out in note 1 to the accounts and coMY with the General A$sernY Regulations for Congregational Finance, the Charits"es and Trustee Investment (Scotlandl Act 2005, the Charities Aount$ {Scotlandl Regulations 2006 las arnendedl and Accounting and Reporting by Charities.. Ststement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reports"ng Standard applicable in the UK and Republic of Irdand effective from 1 January 2019. Objectives and Activltles The Church of Scotland is Trinitaytan in doctfine. Reformed in tradrtion and Presbyterian in polty. It exists to glo¥fy God and to work for the advancement of Christ's "ngdoM throughout the world. As a national Church, It acknowledges a disb"nctive call and duty to bring the ordinances of religion to the people in every parish of Scotland through a territorial ministry. El ctroperates w¢th other ChLsrches in various ecumenical bodies in Scotland and bey¢)nd. Camelon Parish was formed as a resLFIt of a union in December 2003 of tsvo local Churches Icamelon INing and Camelon Sl John's) and is the legal inheTttOT of the assets and liabilities of these tsvo former parishes. The Church continues to endeavour to reach people wrth the Gospel of Jesus Chnst within Ihe church and the communty at large through a wde variety of events. Regular worship takes place each week on Sunday mornings at 11.00am. During the summer months. {July and August) worsh5p is less fomial, wrth the ot4'ective of encouraging greater interactsvty and active participation by the congregation. Whilst there is no pemianent minister in post. Ihe curret)I Interim Moderator, Rev. Dr. Jean Galtachei, draw5 up a rota to cover the Feading of worship within Camelon Parish. Thi5 r4)ts consists of OTdained ministers. those from the Readership. and surtably qualified Lo¢al Worship Leaders. Forth Valley and Clydesdale Presbytery's Mission Plan was finalised during 2024. This plan recognised Ix)th the need lo relain a physical worship centre within the pansh, and that the congregation required a longei period to explo DPPOrtunitie5 for greater collaborabon wrth other local chuTche5. Presbytery's solution was lo allow Camelon Parish Church to appty for a Transitional Minister. Such posts are appointed for three-t¢ five yeaTS and are designed lo help congfegations idenlfy their path to a suslainable future. Signrficant effort went into consufting with the congregation and the wider local community whilst PTeparing our application. Thi5 consultation Process included developing a brief discussiori guide for use with voluntary groups, Local Government and other stakeholders in an effort lo better undersland the current needs of the local community, as viewed by those wotking wlhin rt. This pfocess helped to shape our thinking aboijt how lo best support our community and serve the Lord. The completed applicat form for a Transitional Minister was submitted on January 15th 2025. Our recendy eSlIShed GUe. Brobynie and Rainbow groups have continued to devekp, with youngsters working towards the achievement of badges. They have also paTts"cipated in servKes wrthin the Church. The inclusion of such services has helped increase Ihe number of young people regularly attending worship. The TLbesday FellNship continue5 to rperate a varie(I Schedu of events. whth e weu attended. Our halls ntinUe lo be used on a regular basts by Fal(irk Opera. Falkifk Philatelic dub and the Freedom of Mind Communrty Choir. There have been enquines frcffl other c(mmunity groups aboul using our halls. which we require lo manage alongside plans for consolidation of OUT buildings. Members ofthe congregation continue to donate many ffyA rtems to the Fakirk Foodbank. ofwhich we are fout7ding and partner Chtlrch. and several membÈrs snd Ehjers take a lèading part in the running of the Foodbank.
Camelon Parish Church, Church of Scotland Trustees. Annual Report IconL) AchieverneTrts and Perfonnance ¥Nrth the reduction of Covid cases all wtyship is currently 'in rerson,. As an alernalive for those unable lo attend OLte lo illness, immobility or concems about tyoxinyty lo others in confined spaces. we cCtinue lo live stream our Sunday worship. -he prowision of tsnne services also offers a 'catch up option for those wh05e k or other comrnitmenls predude F+)ysical attendance. We have also nolc5d that some viewers replay the service even Ihojgh they partcipated In person. The spirilua] and wellba.ng nèeds of the COnegation and community remains a key focJs of our church, athough li can bè challenging lo resource a regular visiting schedule for all the vulnwable menws In the congregatson. As nenar1en1 appontments to Camdon Parish Church'5 Ministry leam were pemitte(I during the Pr¢$bytery Planning process 8nd no 3uitst4e locum was avalbI> worsh5P throughout the year was conducted by a rota of indtvid¥als Pro19 pUt SLPPty. During the ye3r. former Minister of Camelon Irwg Pari£h Church. isited Camolnn o?.ri= 1.1=c¥atDr of the Churth of Scotland tts mt with representalwes liotfi liJ] iinifi f<Y114 Area. This was a very successful and popular event, much enjoyed by the Moderator. her husband and other off131S. and rt genèrated an emotional reSr)nSe Irom many. The Moderators itiner finished Mth a visit to the CameloTr Partsh Charty Shop where she mel many of the volunteers who operate it. plu5 Qther members d the Camdon communtty. The Moderator staled that this had been a Teal hwJhlHJht for her. Itwaswilh greatjoy thal a speaal seNicewas heldon August25th 2024 at Camebn Parish Church to WelMe four new rnembers to our congregab"on. One of Ihe new CommunlS was also baptised. The SerVe was folksva by a wethning lunch in the church hal. The Work of Ihe Falkirk Foodbank conlinued Ihrou9hout 2024. with vc4urrEs ol both referrals and donations reeching record levels as the cost-of-living generated ad"onal demand. bul also elicited a positive comrnunity reSnSe. Whilst the activities ol the coryregtttion have yel to fuly return to pre Covid-19 ILvels, the financial position continue5 to be sUPPQrted by the operation of the Charty ShDP.. hall lets and rentsl income from our hyo MSes. The TTUStees thefèfore Satisfied that our reserves arè SLrffic¢ent to support the on-going work of Ihe Church and we conl..nue to meet all our tontractijal and charitle obligatkJn5 as wè look forward to a period ol greater cwtainty and ntr•V mission frused aclivitt"es. orshAP Worship within Ibe Church be desuibed as slighdy non-tradilional and a bt dFfferenl from that which rnight be expected. We have no onjanisl and use a digital hymnal to prOve accomreniment for praise. We continue lo me use of leehnology In worship through msjio-meda systems wrth words. wnages and themes being projeeled. This is now an established feature ol our worship programme. The use of a higher quality Projector continues to greaty enhance the vithving qUlty cl the slKies and video clips used. CrKnrnuniort Is celebraied four time5 a year. with the addits.on of the sacrament on the evening of Maundy Thursday Easter Sunday. en ordained rninislry is noi avaiL8e these evenis contsnue wrth an Agape Supper. fwo ServIS are regularty held on evenngs dur¢ng Holy Week. Ihose being Maundy Thursday and Good Friday, when the norm for a Tenelyae seThice lo be held. Easter Sunday begins with a short eady seNits in celebration of the Risen Christ. foliowtsj by a Easter breakfast bridging the earty morning Servi ar*d the 11 o'ckjck family 5ervi¢e. SpÈcial xerv¥t&s are also schec1u over the Acl+iènt riC49 and Christrnas. indudin9 a Bergavement soNice on the first Sunday in Decernber. a family. nativ¥ty seNitÈ on the fourth ndaY in advgnl. u4iJally planned and performed by our youth organisatiovs and children from church. On Chnsmas Eve. a Walchnight 5eFVi with a prelude of Carol singing takes place.
Camelon Parish Church. Church of Scotland Trustees, Annual Report IconL) Achievements and Perfonnance IconL) A service (Jedited to our younger members was canged this year to InclLhJe all our hall users to enhance inclusivity. This look place on the first Sund3y of Advent, wth each grcup (including Youth organisalionsl invited to decorate a windo•V èdge within the churth sanctuary. demonstrating their place within the church vinned with a Christmas theme. The event pyoved to be very popular and folowing this service the congregation and represenlalves of the groups were 'nwled to remain afteThvard5 for tea and coffee and to take time to peruse the windows. which remaired or.. plaY lill the end of DMter. Ouryounger members antt their peers also greatty enjoyed a highty bakfast wrth Santa. The Harvest Thanksgiving Servi On again wowed lo be L¥Jth p)pulJ PTa(Xical. The congregati(. which including our Guides. Brownies and Rainl>Jw3. donated 115kg of foodstuffs to the Falkirt( Foodbank. The Remembrance Day serv took place within the churth as aaYs, with reverCe to those bsl during conflicts. As In prevIj$ years a represeTrtatNe of Carndon P¥ish Church was invited to lead worship at the War Memorial at Lock 16 in Carrelon on the afternoon of Rwnembrance SurKlay. Community Charity Shop The Camektn Parish Church Community Charty Shop continues to as major link befyveen the church and members of the local communities. Membets of the local community cc11ue to support this venture by both donations of merchandise and volunteering lo ne stsff ((. Pressure of demand from the local ccimmunity for financial support continues ¥0 require formal, written requests for grants lo be made. It is clear from communty feedback that the charity shop has created a unique role Carnelon Parish church wrthin the k)cal cornmunty and o)nlinues lo be greaty atprecialed. Church building programme AS a result of Forth Valley and Ctydesdale Presbytery's MIssn PEan. the KI SessK)n was Instructed lo consider which of Ihe congre9ation's Cufrent buihjings woukl be retairrd a5 our future worship centre, and which would be dispceed of. Imlh the involvement of the Presbytery's Propeity Corwener. the Kirt¢ Session con?idered the m¢ritS and drawbacks of eh building. their valuations, and the polenknal repaiTS and renovations requir&J to make them fit for purpose. At the end of this process. it was agrèèd lo disposè of th Dorrator Road Church and Hai retain the Brown Street Hal. OaniSatIon81 development The various aspeets d church lrfe are dealt with by thr& teams each cornprised ol both Elders and Mernbws of the congregab"on. They are Compliance," Church & Cornmunty. and Miristry. Tse teams are tasked wtth the work of inlegraling ideas and stsggestsons Igleaned frcm Ihe'Path of Renewal, prqect Irainingi into church lrfe and moving the Chrth towaids a more missional aFproa¢h to minislry. It Is txsth our Iv)pe and our intention that the additional staDility and fresh perspectives provided by a new Min ster will provide addItnal support for these groups, eDablirwJ ana equipping e&h of them to achieve Iheii obiecbves, and ty Iloing so. ulth"matety reinvigoraie church life. PffinGyal ffisk5 and mil{1¥ Among the prinupal risks that Camelc - -Lrrenty faces is the continued absence of a Minkster. ve years sin¢e th" up hi3 y)3t in Kirkl.ston and am05t S- )s called as Mini8'' Church. This situat1n has be Tr. ti a'¢- Li I'¢io ..nap r31ional spintual ard practjcal leadership provided by our Intorim Moderator, Id 'ke resolve of the Kirk Session, who have consistently and powerfulty advat- a Church Of Scotland presence in the C(mnity. At the time of wilting in Ilar¢h 2025 this key risk was furthered mib"gated by news Ihal whilst Camelon Parish Church's applicati for a Transitsonal Minister was unsuccessful due to hoh demand for the very limited number of surtably Ir&ned candidates, the Congregation has been granted leave lo call a neV Minister on a re¥iewable basis for seven years subject to formal ratification by Presbytery on Aw'l 26th 2025.
Camelon Parish Church, Church of Scotland Trustees, Annual Report {conL) Achievernents and Perfomiance {conL) Flnancial Review Income and expend1tL[ is set out in the Statement of Financia5 Actmties (the SOFA) on page 9 and the accompanying notes lo the accounts. The wincipal source of ire is via Weekly Freewill Offering envelope5 and Monthly Standing orders. Totsl income increased in 2024 to £77.242 (2023". £70.760), of which income from grants and donations amounted lo £26,687. around the same level as 20231£26:738 - see note 2 on page 121. Levels of regular giving and associated grft aid were broadly in line wth the previous year. The church's community charity shop achieved gross takings of £22,013 in the year12023'. £23.0001. Good use was made of Gift d. and lax reclaimed from HMRC equated lo around 5% of total inc(xne. Income from Hall Lets continued ro Tecover during the yeaT, with an inuease from £1.524 to £4,128. A full year's rental income from the Lwjnthom Manse was supplemented by the letting out ofthe Cotiand Road man$e for most of the year. Payments for Gmng to Growwefe £21.20412023". £21.690). Costs associated with the charity shop amounted to £10.459. including rent and utilities_ There was an increase in overall expenditure to £69.196 12023.. £65,205). The general fund had an operating def1 of £15.393 in the year before transfers. A transfer of £20.617 has been made from the charity shop fund to the general fund. The lund balance is £8,699 at the year end. Reserves Policy 11 is Ihe Trustees policy to hokl reserves of approximately six months. expenditure including designated funds. Al the year end the Church held free unreslricled funds of £107.042 (excluding fixed asse151. which represents around 18 months, budgeted expendtlure. £460,000 is held in designated capitsl funds in relation lo property, as per Note 11. The Church also held £10,286 of festn'cted funds which have been provided for the purposes specrfied in Note 11. The trustees a satisfied wrth the level of reseNes hekj. Structure, Governance and Management Goveming Document The Church is administered in accordartce with the lem)s of the Deed of Constitution Iunitsry Foml. Recnjilment and Appointment of Trustees Members of the Kirk Session are the chanty tnjslees. The Kirk Session members are the elders of the chureh and are chosen from those members of the church who are considered lo have the appropriate gifts and skills. en there is one in post. the minister is a member of the Kirk Session. being elected by the congregation and inducted by Presbytery in lems of the prevailing and procedures of the Church of Scotland. Dunng va¢ancy, Interim Moderator5 are put in place and also act as Iru5tees during their temi of appointment. Detsils of all those holding positions as tiuslees and other Offi beafers are on page 6.
Camelon Parish Church, chUh of Scolland Trustees. Annual Report (conL) Structure, Govemance and Management (conL) Oryanisalional Slnjcture The Kitk Session rneets 6 times per year and is re5poosible for the oversght of all the affairs of the church both spiritual and seoJlar. The Kirk Session is chaired by the modwator. who is the Minister or Interim M(xJeralor. The work of the Kirk SessKin is rerritted to the three GfOUPS rnents'on in the OrganisatlDnal Development SectiC above. The lfjrk Se$5i0n calls additional meets.ngs as necessary for the inductK)n of new Elders, ihe introduction of new communicants lo the Church and any other neeessary ixjsness. Reference & Administrative Inlomiatron Charity Name.. Canebn Panth Churth, Church of ScotL3nd (known as Cameknn Parith Church) Charity RegislralKJn Number.. SC014816 cOng93tiOn Refergnc• N 2211340 Conl&t Address.. Church oifice Dorralor Road Camek)n FKI 48N Charity Trustees The list of all truylees who served al any tine during the year and up to Ihe dale of sig1ng the accounts is as below. Indepdent Ex¢m ner Banker5 rgin Money 1 Bank Street Falkir1( FK11NB anc 74 Norse Road Glasgow G14 9EF
Camelon Parlsh ChurGh, Church of Scotland Trustees, Annual Report IconL) Tru8tee¥' Re$pon$ibilitbe8 in Rtlatlon to the Financial Statements The cth8rity tru8tee5 are re8FKJnsit4e lor preporing a trustees. annud report arKI finan¢ial ststements accordance wrth applLabla law and United Kingdom knounting Stsndards (Unrted Kingdom Geralty Accepted Accounb'ng Prxticel. The law applicable lo charities in Scodand requires the Ch[ tnjstees to prepare finanoal statements for each year which shcw a INe and fairvi¥ ofthe state of affairs of the eharity and ofthe income and experndrture of the charty for that period. In tveparing the financi4 slatemenls. the trusleeg are required to.. select suitable ac£ounb'ng pofioes and then apply them consistemty.. observe the Meld ard principles in the applicab Charilw SORP.. make judgements and estimates that are reasonable and prudent", state whether applicatde accounting 5tsndards and stalemenls of recornmended practice have been followed. subject lo any departures disclosed and explained in the financial statements., PTepare the financial stslemenls the gung conorn basis unless it 6 inappropriate lo wesume that the charity will continue in operational existence The trUse$ are reSponSle fcf keeping ad4uate accourth'ng records that are ffiCIent lo show and explain the cha¥ity's Iransactiuns and disdose with reasonable <cur&y ai any tsme the financial position ot the charity and to enable Ihem to ensure Llal the finan¢o1 statement5 comply wrth the Charrtie5 and Trustee Investrnent Iscotlandl Act 2005 and the CharilTres Accounts IScc+tlandl RegLtlations 2006 las amendedl. They are also responsible for ssfeguarding the assets of the chanty and hence fortaking reasonaL4e steps forlhe pieventson and detecbon of fraud and oihèr legUlareS. The trustees are respsle for the maintenance and integrity of tha ¢hority and financial infomation on the congregation's website. Legislation In the United Kingdom governing tha prèparation and di5seminslign of financBI statements may differ from *i51aticn in other 1urisdtctics. Approved by the TTUStees and signed on ther behaw
Report of the Independent Examiner To the Trustees of Camelon Parish Church, Church of Scotland I report on the financ4 statements of the charty for the year ended 31 Decanber 224 which we sel out on pages 9 to 19. RoSP•Ctiv• r•epoll8lblliti¢s of trust•o¥ and gxafflin•r Thè charity's truste8s ar8 responsible for the yaparation of the accwnis in accordance with the term5 of the Charitiès and Tste Investment (Scotlandl Aet 2005 and the Charitres knunts (Scotland) Regula'klOAS 2006. The charity trustees consider that the audit requirernent of R&Julation 10111 {a) lo Icl crf the Accounts Regulations does not appty. It Is my responsibility lo exam'.ne the &counts as reqvred under secJ"on 44(11 (c} of the Act and lo state whether partular matt8s have me to my attenlK)n. Basis of independent examinerfs statement My examination Is ¢arrEd out in accordance wrth Regubtton 11 d the Charities Accounts Iscollandl Regulaiions 2006. An exaninat.on includes a review of the accounting records kept ty the tharity and a comparison ol the accounts pr*sented with those recoid5. It also includes Consicleraln of any unusual itern5 or disclosures in the &counts and seeks explanations from the tfUStee5 Goncwning any such matters. The procedu$ undertaken do not prOVe all the ewithnce that would b¢ requred •) ah audii. and Gon¥equentsy I do not express an aLt&'t opinioi on the view given by the accounts Indep8ndent gxaminerfs stat•m•nt In the course of my èxarninalion no matter has come to my attentKJn, other than dts¢bsed below, which gives me reasoftab cause to lIeVe Ihal in any material respect the requirnentS.. to keep acccunling records in accordance with Section 44111 (al of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations. and lo prepare accoLtnts which accord with the accounting records and comply with ReguLation 8 of the 20C6 Accounts Regulatsons have been met, or to which. in my opinion, attentiovT should be in (Kder to enable a proper understanding of the counts to be reached. Date Cfja-..ere A-:= Paul Clelland Ac¢ountancy 74 Norse Road Glasgow G14 9EF
Camelon Parlsh Church, Church of Scotland Statement of Financial Activities Forthe Year Ended 31 December 2024 Unre8trict•d Restrieted Funds Funds Total 2024 Total 2023 Noto Income from: Grants & donations 26.627 26.667 26,738 Other trading activities.- Charity shop takings Other trading activibes Investrnents Bank interest 22,013 27,668 22.013 27.668 23,000 20.419 894 894 603 Total incorne 77,202 40 77.242 70,760 Expèndlture on". Fundraising trading.. charity shop Other costs of raising funds Premises costs Local 51affing costs National Ministry and Mission & Wider Wo Other local costs Governance costs 10.459 181 10,459 181 10.632 224 20.109 8,175 22.149 20,109 8.175 22.149 15.547 8,959 22.649 7.348 875 875 850 Total •xpèndituro 69.296 69,296 65.205 Net income for year 7.906 40 5,555 Transfors botw•on funds 11 Ngt movement in funds 7,9 40 5,555 Funds recon¢iliation Total funds brought forward 559.136 10.246 S69,382 563.827 Total funds ¢arrfed forward 567.042 10.286 577,328 569.382 Comparative f¢gures anatysed by type of fund are provKled in note 15 on page 18. The above ststement includes all gains and losses recognised during the year. The notes on pages 11 to 19 fcfm part of these financial ststements.
celon Parish Church, Church of Scotland Statement of Financial Position at 31st December 2024 Note 2024 2023 Flxed Assets Tangible assets 460,(XIO 460,000 CurT8nt Assets Debtors Castt at bank and in han(J 5,849 113,381 119,230 3,062 109,682 112,744 CreditOf5: Amounts fallirKJ due within e yr 1,902 3.362 Met Current Assets 117.528 109,382 Tolal Assets less Current Liabllfties STI.328 569.382 Total Net A&t8 569 382 Fund$: Unrestricted fund8: Gener31 fund Fixed asset fund Designated funds Total unrÈstrided funds 11 8,699 3.475 11 11 558.343 567.042 555.661 559, 136 Restrl¢t•d funds 11 10,286 10,246 Total Funds The financial statements on pages 9 to 19 were apyroved by Ihe Trustees ¢n 10 Api"12025 and are signed on their behalf by..
Camelon Parish Church, Church of Scotland Notes to the Accounts For the Year Ended 31 December 2024 1. Accounting Policies The wincipal accounting poliaes, whth have been applied consistenty in the cunt and Preceding year in dealing rtems which are considered meriaJ to the accounts, are set out below. B8$is of Prnparation The accounts have been Pfepared undw the hlslorical cost convention. modified to reflect the inclusion of heritsble property at market value. and in 8ccordance with Accounting and Reporting by Chants"es.' ststement of Recommended Practice applicable to charitie5 preparing their accounts in a¢¢ordance with the Financial Reporting Standards applicable in the UK and Republic of Ilartd IFRS1021 issued on 16 July 2014 and the Financial Reporting Standard apE¢able in the UK and Republic of lyeland IFRS1021, the Charities and Trustee InvlMent (Scotlandl Act 2005 and the Chaiities Accounts Iscodandl Regulations 2006 las amendedl. The charity constitutes a public benefrt entity as defined by FRS102. The aOuntS are prepared on the going concern basis. The trustees have considered whether there are any material vncertainties regarding the charitys abilty lo continue in operion for the foreseeable future, and are contenl that it is appropriate to report on this basis. Funds Funds are classified as either Stricted funds or unrestricted funds. tlefined as folbws.. Restricted funds are funds subject to specrfic requirements as to their use which may be declared by the donor or with their authorty or created through al processes, but still wthin Ihe wider objects of the charity. Unrestricted fvnds are expendable at the discretion of the trustee5 in furthera of the objects of the charity. If parts of the unrestricted funds are eamiarked al the tjiscrelion of the trustees for a particular purpose, they are designated as a separate fund. This design*ion has an administrative purpose only and does n¢1 legalty restr the trustees, discretion to apply the fund. Income I donations and gifts are inclvded within income under erther unrestricted or $trIcte(j funds according to the temis under which the donats.on is made and when the amount can be quantified wth reasonable certainty. Donations and grfts in kind are brought into the accounts at their market value lo the charity. Expenditurn Liabilibes are recognised as expenditure as soon as there is a legal or ¢onslructive obligation committing the charity to the expendrture. Ail expenditLITe is accounted for on an accruals basis. The Charity has opted not to report on the ath'vity basis. Expenditure is instead reported by cost type. Taxatlon Camelon Parish Church is reco3nised as a charity for the purry)ses of applicable taxation legislation and is therefore not subject to tsxation on rts charitable actsvrties. The charity Is not registered for VAT and expenditure Iherefofe indudes irreeoverable input VAT where appropriate. Tangibl¢ Flxed Assets Deprnciation The charity has the right to ctcupy and use for its charitsble objects a manse at Cotjand Drive, vested in the Church of Scotland General Trustees. No consideration is payable foi the use of this manse. Expenditure incurred on the repair and maintenance of this manse is charged as resources expended in the statement of financlal ath"wties in the period in vthich the Ik?bilty arises.
Camelon Parish Church, Church of Scotland Notes to the Accounts (continued) 1. Accounting Policies {continuedl Tangible Fixed Assets and DepreciTation (continued) Tangible fixed assets costing in excess of £l.000 are staled at cost less accumulated deplation, which 15 Provided lo Irte off the cost of the assets over their estimated useful INe5 as shown below. Furniture & equipment Fixtures & fittings Ichurchl 3 years 10 years Freehold Property FreePTold property is stsled al cost. as amended to reflect cuffent market valuation. Valuations are carried out every five years. Depreciation is provided on freehold propety al 20A on cost. in order to wrile Ihe assets down lo their residual value over their estsmaled useful lrfe. However, rt is the view of the Tru51ee5 that the estimated residual value of the Lionlhom manse is not maleriaty drfferent from ils cost or carwng value, and accordingty no depreatn has been charged on this PTopety- Further. il is the view of the trustees that the value ol the Prope.e$ al Dorrator Road and Brown Street is in the main a ieflection of the value of the underlying land. Therefore, in line wrth the requirements of FRS102, no depreciation is charged on these properties. 2. Grants & donations Unrestr5¢tod Rostricted Funds Funds Total 2024 Totol 2023 OffeTing5 Offerings- WFO & Stsnding Order Glft Aid tax recovefed Ordinary offerings- open plate Donations lo flower fund Other ijonations Collections reiVed by church organisatKJns Donations for weddings & funerals Endowment income Total grants & donatlons 20,365 3.729 336 20,365 3,729 336 20.832 3,895 28 40 108 971 150 754 26,738 1.451 1.451 746 26,627 746 26.667 40 3. Othortradlng activbties Use of premises- hall lets Use of premises- manse rent 4,128 23.540 27.668 4,128 23,540 27,668 1,524 18.895 20.419 4. Investment income Deposit interest- Fabric fund Deposit interest- New Church Bvikjing fund 652 242 894 652 242 894 440 163 603 12-
Camelon Parish Church. Church of Scotland Notes to the Accounts (contlnued 5. Expenditure Unrestricted Restricted Funds Funds Total 2024 Totsl 2023 Raising funds Fundraising trading.. chanty shcy Fundraising administration 10.459 181 10.640 10,459 181 10,640 10,632 224 10,856 Premisgs costs Fabrc maintenance Gas. elethuty & water rates Isee note 8) Insurance Cleaning 10,271 6.216 3,364 258 20.109 10.271 6.216 3,364 258 20,109 4,284 7,846 3.202 215 15.547 Local staffing costs Ministerfs expenses Imanse telephone) Locum fees and expenses Pulpit suppty Other staffing costs 42 2.300 4,260 2.357 8.959 4,700 3.475 8.175 4.700 3,475 8.175 National Ministry and Mission & Wlderwork Giving to Grow allocation Presbytery DLEes 21,204 945 22.149 21,204 21,690 959 22,649 22.149 Other local costs ActNities & outings Office eosls Equipment Professional fees Organ & music costs Miscellaneous expenses 1.211 1.035 170 2.985 429 1,211 1,035 170 2,985 429 1,518 7.348 1,313 1,667 2,210 83 1.071 1.518 7.348 Govornance costs Independent Examinerfs fee Totsl expendrture 875 875 850 69,296 69,296 65,205 Expenditure above includes the folkM"ng'. 2024 2023 Operating lease payments for propety 7.975 7,975 Staff costs incl¢Jded above relate lo individuals paid on a seifmployed basis to cary out administrative and maintenance tssks on behaw of the church. The church has no employees. 13-
Camelpn Parlsh Church, Church of Scotland Note5 to the Accounts (continued) 6. Trnns3Ctions with InBtees and Related Parties riia the v&ar ltr.e lollowin9 tr8nsacbons with trustee5 and Conled Fersons took place.. -.rustee. was paid £1.900 (2023". £1.2001 for proVlg pulwt suppty., - 70 paiweris ive"e maje to any other tnjstees or COnnled persons ";n Ihe CUrrt or previous year,. - donaons Iotaiiro £6,30012023'. £6.4C()I we received from trustees during the year. Al Church of SCO•d consregabons contribute to the National SIiFer¥J FLFnd, which bears the cost of all inisters. stipends and employerfs con1ribJtions for natonal insuran. PS and Housing & Loan Fund. Ministers, stipends are paid in accordan with the National Stid Scale, which Is related to years of service. For the year under review, the rninimum Stpd was £31.642 and the maximum stipend lin the 5th and subsequent years of service) was £38,884. 7. Tangible Fixed Assets Herftable cYri¢e proporty •quipmont Total Cost/net reallsable value." At 1 January and 31 Demter 2024 460.QlJ) 1,020 461,020 pr¢clation.' At 1 January and 31 Dter 2024 1,020 1,020 Net Book V&lue." At 31 Decefflber 2024 460,000 460,000 At 31 December 2023 460 OCAJ 460,000 Heritable properts.es Indu(*d above consist ol the Liontrn Manse. the church and hall * Dorrator Road and Ihe hall al Brown Street. TtrE properb'es were rewalued during 2020. They are stated here al net realisab value. calculated as forma capital vakjalion less £10.000 estsmated disposa cost per ryopety. e. Debtorn mounts falb.ng due within one ye8r Grft aid recoverable crued income Prepayments and other debtors 2024 2023 986 3,577 1.286 5.849 1,8 1.166 3.062 14-
Camelon Parlsh Church. Church of Scotland Notes to the Accounts (continued) 9. Cash & bank 2024 2023 Balances on deposit with Cos Investors Trust Bank bal8n¢e5 Cash in hand 17,995 89,837 5,549 113.381 17,101 92,276 305 109.882 10. Creditovs Amounts falling due within one year Accruals and other credrtor5 1.902 1.902 3,362 3,362 11. Movemènt in Funds At 01101124 Income & Expen- Gains diture Transfer5 At 31112124 Note Rostrictod fvnd$: Flower fund Baird Trust lal Ibl 258 40 298 9,988 10,286 9.988 10.246 Total reStr1et fvnds 40 Unrnslricted funds: Designated funds.. Fabric Charity Shop New Church Building Fund Replacement of office equIent Liot)Ihorn Manse capitsl fvnd Church Propety fund Allsorts Tuesday Fellowship M Logan Memofial fund Garden fund Fixed asset fund T¢knl designated frjnds.. (c) 15.349 (d) 77.633 (e} 196 (fj 288 Igl 210,000 Ihl 250,000 1.515 255 400 25 24,192 22.013 242 {12,929) 110,4591 120,6171 26.612 68,570 438 288 210,000 250,000 1,515 495 400 25 ti) Ik) 1,451 11.2111 Im) 555,661 47,898 124.5991 120.6171 558,343 General fund Total unrestricted funds 3,475 559.136 29,304 20,617 44.697 77,202 69,296 8,699 567,042 Total funds 569.382 77,242 69.296 577,328 Notgts.. See next page. 15-
Camglon Parlsh Church. Church of Scotland Notes to the Accounts (continued) 11. Movement in Funds Icont.) Notes: PuoSeS of Restricted Funds.. Donations lo restricted funds are applted as noted b¢. lal Flower fund.. this is a fund to KYovKle flowers for display during services of worship. Ibl Baird Trust thi5 lund is available to be used for the relf of the poor ol Camelon Parish al the discretion of the minister. Pun>oses of Designated Funds.. Fund5 set aside by the tTUStee5 for SKwrfic purposes are detsiled below.. Icl Fabric Fund.. The Trustees have set aside funds for the maintenance of the church propety. Idl Charity Shop.. The church operates a charity shop. Net prcceed5 from trading are available lo supwrt outreach into the local community. assist I1 community gTOUPS and for the general Work of the church. {el New Church Building Fund_" This fund is to assist with the cost of building a new Church on Ihe former Sl. John's Chuich sile las per pTesbery Plan). lfj Fund for Replacement of Office Equiwent". The Trustees occastonalty set aside funds lo replace larger items of equipment Igl Lionthorn Manse Capilal Fund." This wtal fund reflects the carrwng value of the Lionthorn Manse. Ihl Church Propety Fund". This caprtal fund reflecls the Cang value of the church properties al Dorralor Road and Brown Street. lil Allsorts Fund." The Allsorts 15 the "Molhers and Twjdlers" group and contributes Churth funds. til Tuesday Felk)wship Fund.. The Tuesday Fellcvwship hosts speaker5 and entertainers and has trips to the theatre and places of interest. and contributes lo the Church. (kl M Logan memori Fund". This fund was established frcn a legacy. to be used to support young people taking part in church activilies. Support is granted al the discretion of the minister. 111 Garden Fund." A small th)nalion was designated for the purposes of establishing a community gardening project in the parish. Im) The fixed asset fund corresponds to the net bock value of fixed assets other than heritable prOpee$. Annual depreciation is charged lo the fund and the cost of fixed assels purchased is transfeed into the fund. Transfers are made be•een funds to transfer contribulions tElween designated funds. chUh Organisatn$. the general fund and Ihe chanty shop. 12. Analysis of Net Assets between Funds Unrostrletod Funds Restricted General Designat Fund$ Total Funds Tangible fixed assets Debtors Cash on deposit, at bank & in hand Creditots due within one year Net assets at 31 December 2024 460,000 3,395 95.135 187 558.343 460,000 5,849 113,381 1.902 577,328 2,454 7,960 1.715 8.699 10,286 10.286 16-
Carnelon Partsh Church, Church of Scotland Notes to the Accounts (continued) 13. Volunteers In common with all congregations of the Church of Scotland the congregation benefits from the contribution made by volunteers who give their lime and talents vAllingty lor the benefrt of the Church. The areas of Congregational lrfe which rely on the contribution of volunteers are many and varied and much ot the activity would be unable to ¢ontsnue were ri not for the commitment shown. 14. Operating Le•$e Commltment At 31 December the chanty had l¥Jture minimuffl payTrents in respect of an operating lease for the rental of property as follows". 2024 2023 Payable.. In less than one year Beeen 2 and 5 years 8,740 30,590 39,330 7,975 3,987 11,962 17-
Camelon Parlsh Church, Church of Scotland Notes to the Accounts (continued) 15. Statement of Financial AGtivitSes- Prlor Year Unrestricted Restricted Funds Funds Total 2023 Income from.. Grants & donabons Other trading actiwties.. Charity shop takings Other trading activitss Investments Bank interest Total income 26,738 26,738 23,000 20,419 23,000 20,419 603 70.760 603 70,760 Expenditure on: Fundraising trading.. chanty sh Other costs of raising funds Premises costs Local 51affing costs National Ministry and Mission & Wider Work Other local costs Governance costs Total expenditure 10,632 224 15,547 8,959 22.649 10.632 224 15.547 8,959 22.649 850 65,205 850 65.205 Net Income l (expendlture) for year 5,555 5,555 Transfern between funds Net movoment in funds 5.555 5.555 Funds reconciliation Total funds brought fonvard 553,581 10.246 563,827 Total funds carried forward 559.136 10.246 569,382 18-
Camelon Parish Church, Church of Scotland Notes to the Accounts (contlnuedl 16. Movement in Funds - Prtor Year At Note 01101123 Income & Expen- Gains diture Trdnsfers At 31112123 Re5trict8d fund$: Flower fund Baird Trust Total rnstrlcted funds 258 9.988 10,246 258 9,988 10.246 Unr¢stri¢ted funds- De51gnated funds.. Fabric Charity Shop New Chureh Building Fund Replacement of office equipment Lionthom Manse capital fund Church Propety fund Allsorts Tuesday Felbwship M Logan Memorial fund Garden fund Fixed asset fund Total designated funds.. 17,262 66.061 33 288 210,000 250,000 1.515 559 19.335 23.000 163 {6.248) 115.000) {10.6321 1796) 15.349 77,633 196 288 210,000 250,000 1.515 255 971 11.313) 38 400 25 25 546,143 43,469 118.1 931 115,7581 SS5,661 General fund Total unrestri¢ted funds 7.438 553.581 27.291 70.760 47.012 65.205) 15,758 3,475 559,136 Total funds 563.827 70.760 65,2051 569.382 17. Anatysls of Net Assets belween Funds - Prfor Year Unr¥strfcted Funds Restricted General Designated Funds Total Funds Tangible fixed assets Debtors Cash on deposit. at bank & in hand Creditors due vAlhin one year Net assets at 31 December 2023 460,000 3.701 92.117 157 555.661 460.000 3,062 109,682 3,362 569.382 16391 7,319 3.205 3.475 10.246 10,246 19-
The following pages are prowded for irrformation onty and do not form part of the financial slatements -20-
Camelon Parish Church, Church of Scotland Year ended 31 December 2024 Appendix Funds held on beh•Mof the congregation by the Chulrh of Scotland Genai frnstees 2024 2023 Capital Credit balances held al 31 December at cost 42.981 42,983 Marel Value of balances at 31 DeCeMr 50.911 47,728 Revenue Credit balance held 8131 Deeemter 7.133 5.593 Temporary funds at 31 December (debit balance) 21