The Church of Scotland CAMELON PARISH CHURCH Report and Financial Statements For the Year Ended 31 December 2025 Congrggalion No: 2211340 Scottish Charfty No: SC 014816 Camelon Parish Church, Church of Scolland Report and Financlal Statements For the Year Ended 31 December 2025 Contents Paggs Tru51ees' Annual Report Ilnduding Reference & AdministralNe Infonnatic￿) Report of the Independent Examiner Statement of Financial Activities (including Income & Expenditure account} Balance Sheet 10 Notes to the accounts Appendix- Funds held by Church of S￿lIand General Trustees 21 Camelon Parish Church. Church of Scotland Trustees, Annual Report For the year ended 31 December 2025 The trustees present their annual report and financial ststements of Carrvaknn Parish Church, Church of Scotland Iherèinafter referred to as Camelon Parish Church or the Church) for the year ended 31 December 2025. The financial statements have been prepared in a¢cordance the accounting policies sat out in note 1 to the accounts and o)mply with the General Assembly Regulations for Congregab'onal Finance. the Charities and Trustee Investment Iscollandl Act 2005, the Charities Accounts Iscodandl Regulatlons 2006 las amendedl and Accounting and Repo￿ng by Charities.. Stslement of Recommended Praetiee applicable to charities preparing their accoun15 in accordan￿ the Financial Re￿￿rting Standard applicable in the UK and Republic of Ireland effective from 1 January 2019. Objectives and Activities The Church of Scotland is Trinitarian in doctrine. Refomied in lTrdilion 8nd Presbyterian in po5ity. It exists lo glorify God and to work fr)r the advancement of Christ's KIngdC￿ Ihroughoul the wod¢J. As a national church. il acknowledges a distinctive call and duty lo bring the ordinances of religion lo the people in every parish of Scotland through a territorial ministry. 11 cTroperates with other churches in various ecumenical bc*Jies in Scodand and beyond. In line with the current restnJ¢turing of parishes nationwide, Camelon Parish is currently exploring the poiential opw>rtunity for a union wtth two other I￿1 ear•rs: Minister.. vacant Interim Mcxjeralor.. Rev Ronald MatandakLrfa Ifrom 26 April 20261 Rev Dr Jean Gallacher (until 25 Apn"120261 Mrs Joyce Goldie Mr Mark Crawford Session Clerk.. Church Treasurer= Independent Examinor Paul M Clelland CA Paul Clelland AC￿untanCY 74 Norse Road Glasgow G14 9EF Bankers Virgin Money 1 Bank Street Falkirk FK1 1NB Camelon Parlsh Church. Church of S¢olland Trustees. Annual Report (cont.) Trustee5' Responsibilities in Relation to the Flnancial Statemonts The charity trustees are resEKJnsible for preparing a trustees, annual report and )Inancial statements in accordance with ap￿ICable law ar￿ United lfjngdom A￿(Njnting Standards (United Kingdom Generally Accepted Accounting Practi￿1. The law applicable to charities in Scotland reqvires the charity trustees lo prepare financsal slatemenls foT each year which show a true and fairview ofthe stste ol affairs ofth& charity and ofthe income and expenditure of the charity for that peiK)d. In preparing the financial statements. the trustees are required to.. s818Ct suitable accounting t¥Jliaes and then apply them consistently., observe the method and principles in the applicable charib.es SORP- make judgements and eslimales that are ￿8$Onable and prudent., slate whether applicable accounting standards and statements of recommended practice have been followed, subject lo any departures disdosed and explained in the financial statements- prepare the financial statements on the going concern basis unless rt is irbappropriale to presume that the charity will continue in cwerational existeno. The Iruslees are ￿sponSible for keeping &Yequate accounting records that are sufficient lo show and explain the charity's transactions and disclose wi(h reasonable accuracy al any time the financial position of th8 charity and lo enable them lo ensure th81 the financial statements comply with the Charilies and Truslee Investment (Scotlandl Act 2005 and the Charitss Acc4Junts Iscouandl Regulations 2006 las amendedl. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularrties. The trustees are responsible for the mainlenance and integrity of the charity and financial infomialion on the congregation's websit&. Legislation in the United Kingdom goveming the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Approved by the Trustees and signed on Iheir behalf J Goldle Sesslon clerk Date.. Report of the Independent Examinor To the Trustees of Camelon Parish Church, Church of Scotland I report on the financial statements of the charity for Ihe year ended 31 December 2025 are sel out on pages 9 10 19. Respective responsibilities of trustees and exarniner The charity's trustees are responsible for the preparation of the a¢o)unts in accordance with the temis of the Charities and Tnjslee Invesknenl (Scot18ndl Act 2005 and the Chafilies Accounts (Scollandl Regulations 2006. The charity trustees consider that Ihe audit requirement of Regulation 10111 (al lo Icl of the Accounts Regulations does not apply. 11 is my responsibility to examine the accounts as required under section 44111 Icl of the Act and to stale whether particular matters have come to my attention. Basis of independent examinerfs statement My examination is carried out in aecordance with Regulation 11 of the Charities Accounts {Scotlandl Regulalwjns 2006. An exarnination includes a review of the aceountiThJ records kept by the charity and a comparison of the accounts presented with those records. It also indudes consideration of any unusual items or disclosures in the accounts. and seeks explanations from the trustees conceming 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 view given by the acctsjnts. Independent examiner's statement In the course of my examination. no matter has c￿e to my attention, other than disdosed below, which gives me reasonabk cause lo beI￿ve that in any material respect the requifements.. to keep accounb.ng records in aco)rdance wtth Section 44{11181 of the 2005 Act and Regulation 4 of the 2006 Accounts ReguL4b"ons. and lo prepare accounts which accord Mth the accounlirYJ records comply with Regulation 8 of the 2006 AccoLFnts Regulation5 have not b&n met, or to which, in my opinion, attention should be drawn in order lo enable a t￿per understsnding of the account5 to be reached. vomi Signed............................................................................... Date: Paul M Clelland CA Member of the Institute of Chartered Accountsnts of Scoyand Paul Clelland Accountsncy 74 Norse Road Glasgow G14 9EF Camèlon Parish Church, Church of Scotland Statoment of Financial Actlvlties For the Year Endod 31 December 2025 Unrestricted Restrict Funds Funds Total 2025 Total 2024 Note Incomè from: Grants & donations Charitable activities.. Activities & outings Other trading activities.. Charity shop tskings Other trading activities Investments Bank interest 32,297 32,357 26,667 603 17.780 24.147 17,780 24,147 22.013 27,668 799 799 894 Total Incom• 75,626 75.686 77.242 Expenditure on: Fundraising trading.. charity shop Other Costs of raising funds Premises costs Local staffing costs National Ministry arKI Missk & Wider Work Other local costs Govemance costs 12.116 12.116 186 10.4S9 181 25.096 8.062 28.923 25,096 8,062 28.923 20,109 8,175 22,149 9.600 900 9.600 900 7,348 875 Total expenditure 84,883 84.883 69.296 Net lexpendituro} l incomè for y•ar 19.2571 60 19.1971 7,946 Transfer5 between funds 11 Gain on disposal of fixed assets 18,569 18,569 Net movement In funds 9.312 9,372 7,946 Funds reconciliation Total funds brought forward 567,042 10.286 577,328 569,382 Total funds carried forward 576,354 10,346 586,700 577,328 Comparative r￿ureS analysthj by type of fund are provided in note 15 on page 18. The above statement indudes all gains and losses rec4nised during the year. The notes on pages 11 to 19 torm part of financial statements. Camelon Parlsh Church, Church of S¢otland Statement of Financial Position at 31st December 202S Note 2025 2024 Fixed Assets Tangible assets 460.000 460,000 Current Assets Debtors Cash at bank and in hand 4.625 124,765 129,390 5,849 113,381 119,230 Creditors: Amounts falling due within one Jear 10 2,690 1.902 Net Current Assets 126.700 117,328 Total Assets less Currnnt Liabilities 586,700 577,328 Total Not Assets 586 700 577 328 Funds: Unrestricted funds". General fvnd Fixed asset fund Designated funds Total unrestricted funds 11 11 11 4,710 8,699 571,644 576.354 558,343 567.042 Restrict•d funds 11 10,346 10.286 Total Fund$ The financial ststemenls on pages 9 to 19 approved by the Trustees on 30 April 2026 and are sjgned on Iheif behalf by.. Joyco Goldie S•ssion Clgrk Trustee Date: Date: 20 The notes on pages 11 to 19 fomi part of these financial statements. 10- Camelon Parish Church, Church of Scotland Notes to the Accounts For the Year Ended 31 December 2025 1. Aeeounting Policies The principal accounting poliaes, whicl) have been applied Consistent￿ in the current and preceding year in dealing with items which are considered matenal to the accounts, are set out below. Basls of Preparation The accounts have been prepared under the hislorical cost o)nvention. mrAlrfie(I to reflect the inclusion of heritable propety at market value, and in accordan￿ with Accounting and Reporb"ng by Charities.. Slalement of Recommended Practice applicable lo chaTtties preparing their accounts in accordance wth the Financial Reporting Standards applrcable in the UK and Republic of Ireland IFRS1021 issued on 16 July 2014 and the Financial Reporting Stsndard apFlicable in the UK and Republic of Ireland {FRS1021. the Chartknes and Trustee Investmgnt (Scotlandl Act 2005 arKI the Charities Accounts (Scotland) Regulations 2006 las amendedl. The charity constitutes a Publ￿ benefit entty as defined by FRS102. The 8ccounts are p￿pared on the goirvJ concern basis. The trustees have considered whether there are any material uncertainties regarding the charitys ability to continue in operation for the foreseeable future, and are content that il is appropriat8 to ￿[KIrt on this basi5. Funds Funds are dassified as either restricte(I funds or unreslricted fijnds. defined as f￿loW$. Restricted funds are funds subject to speufic requirements as to their use whieh may be declared by the donor or with their authorrty or creabj through Wl processes, but still within the wder objects of the charity. Unrgstrlct8d fund$ a￿ expendable at the discrètion of the trustees in furtherance of the objects of the charity. If parts of the unrestricted funds are eamiarked al the discrelK)n of the trustees for a particular purpose, they are designated as a separate fund. This designation has an adminislratsve purpose only and does not legally restr￿1 the twstees, discretion to ap￿Y the fund. Income All donations and gifts are included wthin income U￿ar either unrestricted or restricted funds according lo the temis under which the donation is made and when the amount can be quantified w¢lh reasonable certainty. Donations aThS gilts in kirKJ are br(xJght into the act￿nts at their market value lo the chartty. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the ¢h8rity lo the expendiluie. AJI expenditure is accounted for on an accnjals basis. The charity has opted not to report on the activty basis. Expendi￿re is instead re￿Ied by cosl We. Taxation Camelon Parish Church is ￿cognised as a charity the purposes of applirable taxation legislation and is therefore not subject to taxation on its charitable activities. The charity is not registered for VAT and expenditure therefore includes irrecoverable input VAT where approprk21e. Tangible Fixed Assets and Depre¢latlon The charrty has the right lo occupy and use for ils Charitable objects a manse at Cotland Drive, vested in the ChLtrch of Scotland General Trustees. No crmsideration is payable for the use of this manse. Expenditure incurred on the repair ar￿ maintenance of this manse is charg&J as resources expende(1 Sn the statement of financAal acts"vities in the period in which the Ik8biltty arises. Camelon Parish Church, Church of Scotland Notes to the Accounts (conllnuedl 1. Accounting Policies (continued) Tangible Fix¢dAssets and Depreciation (confinugd) Tangible fixed assets eosting in excess of £1,OCA) a￿ ststed al c¥Jst less accumulaled depreciation. which is provided to write off the cost of the 8ssets over their estimated useful Itves as shown beli)w: Furniture & equipment Fixtures & fittings Ichurch) 3 years 10 years Freehold Property Freehold propety is ststed at eost. as arn￿ed to reflect ￿Tren1 market valuation. Valuations are carried out every five years. Depreciab"on is provkyed on freehold property a12% on cost, in order lo write the assets down to their residual value over their eslimaled useful lrfe. However, it is the Mew of the Trustees that the estimated resklual value of the Lionthorn manse is not materialty drfre￿nt from its cost or Carrwng value, and accordingly no depreciation has been charged on this propety- Further. it is the view of the trustees that the value of the properties al Dorralor Road and Brown Street is in the Main a reflection of the value of the undertw.ng land. Therefore, in line the wuirements of FRS102, no depreciation is charged on these prOpe￿.e$. 2. Grants & donations Unrestrictgd Restricted Funds Funds Total 2025 Totsl 2024 Offerings Offerings - WFO & Standing Order Gift Aid tax recovered Ordinary offerings- open plaie Donations lo flower fund Other donations Collections re￿iVed by churth organisations Donations for wed(Jings & funerals Legacies Endowment incomè Total grants & donations 19.528 3,091 890 19,528 3.091 890 20,365 3,729 336 40 60 4,500 1,253 300 2,000 735 32,297 4.500 1,253 300 2,000 735 32,357 1.451 746 26.667 60 3. Othèr trading activitle$ Use of premises - hall lets Use of premises - manse renl 1.97T 22.170 24.147 1.977 22,170 24,147 4,128 23,540 27.668 4. Investment in¢om• Deposit interest- Fabric fun¢J Deposit inter8St- New Church Building fvnd 583 216 799 652 242 216 799 12- Camelon Parish Church, Church of Scotland Notes to the Accounts (continued) S. Expgndlture Unrestricted Restricted Funds Funds Total 2025 Totsl 2024 Ralslng funds Fundraising trading.. charity s Fundraising administration 12,116 186 12.302 12,116 186 12,302 10,459 181 10.640 Premises costs Fabric maintenance Council tsx Gas, electricity & water rates Insurance Cleaning 8.211 23 13.167 3.551 144 25.096 8.211 23 13,167 3.551 144 25,096 10.271 6,216 3,364 258 20.109 Local staffing co$t$ Pulpit supply Other staffing costs 4.500 3.562 8.062 4.700 3.475 8.175 3,562 8,062 National Ministry and Mission & Widor Work Giving to Grow allocation Presbytery Dues 28.103 820 28,923 28.103 820 21,204 945 22,149 28.923 Other local to$ts ActNlties & outings Office costs Equipment Professional fees Organ & musi¢ costs Caprtalion & subscripb'on fees Miscellaneous expenses 1.370 1.370 989 1.211 1,035 170 2,985 429 4.103 719 1.593 826 9.600 4.103 719 1.593 826 1,518 7,348 9.600 Governance costs Independent Examinerf$ fee 9110 875 Total expendiluie 84,883 84,883 69.296 Expenditure above incfudes the folb)wing". 2025 2024 Operating lease payments for propety 8.740 7,975 Staff costs included above relate to irKliv*Juals paid IM a self-emFAoJed bas&s to cary Out adminislralive and maintenance tssks on behalf of the church. Thg church has no employees. 13- Camelon Parish Church. Church of Scotland Notes to the Accounts (continued) 6. Transactions with Trustees and Relatgd Parties During the ye8r. the f￿10￿ng transacts'ons with tnjstees and connected persons took place.. Jani￿ Guthrie, a Iruslee. was paid £70012024." £1.9001 for proY#ling pulptt supptr, - no payrnenls were made to any other twslees or connected persons in the cu￿ent or previous year.. - donations lotslling £5.940 {2024'. £6,31X¢l WEre received from trustees during the year. I Church of Scouand congregations contritMJle to the National Stipend Fund, which bears the cost of all ministers. stipends and employErfs contrbutions for nabonal insurance. pension and Housing & Loan Fund. Ministers, stipends are paid in accordance with the National Stipend Scale. which is related lo years of service. For the year under review, the minimum stipend was £32,433 and the maximum stipend lin the 5th and subsequent years of setvicel was £39,856. 7. Tanglble Fixed Assets H•rltablo Offl¢e property equlpment Total Costlnet realisable value.. Al 1 January and 31 December 2025 460,000 1,020 461.020 Depreciation.. Al 1 January and 31 December 2025 1.020 1.020 Net Book Value.. At 31 December 2025 460,000 460,000 Al 31 December 2024 460.000 460.000 Heritable properties included atrM)ve consist of the ￿Onth0M Manse. the chureh and hall at Dorrator Road and the hall at Brown Street. The propert￿ were revalued during 2020. They are staled here at nel realisable V81ue, calculatecl as formal c8Pital valuation less £10,CM)O estimated disposal c05t per property. There was a gain recognised on propety of £18,569 arisi￿ from a cash settlement from the insurers in respect of subsidence which resulted in the requirement to remove a conservalory al the Lionlhorn manse. The settlement was in excess of the c(Ysts of the removal. Any resultsnt change in undedwng value is not reflected above as no formal revaluation could lake place while the works were ongoing. As the manse is due to be sojd in the near future. any further g8in or loss on disposal will be recognised in the 2026 accounts. 8. Debtors Amounts falling due wilhin one year.. Gifl aid re¢overable Accrued income Prepayments and other debtors 2025 2024 3,083 700 3,577 1,286 5,849 4.625 14- Camelon Parish Church, Church of Scotland Notes to the Accounts (continued 9. Cash & bank 2025 2024 Balances on deposit Cos Investors Trust Bank balances Cash in hand 18,795 105,542 428 124.765 17,995 89,837 5,549 113,381 10. Creditors Amounts falling due within one year Accruals and other creditors 2,690 2,690 1,902 1,902 11. Movement In Funds Incom8 Eyn- Transfers diture & Galns At 31112125 01101125 Note Restricted funds: Flower fund Baird Trust Total restrlcted funds (al (bl 358 9,988 10,346 9,988 10,286 Unrestricted funds: Designated funds.. Fabric Charity Shop New Church Building Fund Replacement of office gquipmenl Lionlhom Manse capitsl fund Church Propety fund 150rts Tugsday Fellowship M Logan Memorial fund Garden fund Fixed asset fund Totsl designated funds-. (cl 26.612 {dl 68,570 lel 438 ifj {gl 210,000 (h) 250,000 1.515 495 400 22,753 17.780 216 112.1911 18.569 113.7091 120.0001 55,743 52,641 654 288 210.000 250.000 1.515 378 400 25 ti) Ikl 1,253 11.3701 25 (m) 558.343 42,002 (27.270) {1.431) 571,644 Gener81 fund Total unfestricted funds 8.699 567,042 57.613 33.624 20,000 75.626 84.883 18,569 4,710 576,354 Total funds 577,328 75,686 18,569 84.883 586,700 Notes: See next page. 15- Camelon Parish Church. Church of Scotland Notes to the Accounts (contlnuedl 11. Movement In Funds Icont.) Notes: Pu￿Ose$ of Rgstrl¢ted Funds.. Donations to restricted fund5 are applied as r￿ted below-. lal Flower fund." this is a fund to prowde fiowers for dispw durir*J servi￿$ of WOT5hip. (bl Baird Trust.. Ihis fund is available lo be useLI for the relief of the wor of Camelon Parish 8t the discretion of the minist8r. Purposes of Dosignated Funds.. Funds set aside by the trustees for specnS¢ purFX)ses are detsikd bdovr. {cl Fabric Fund". The Trustees have sel aside funds for the maintenance of the church property. Idl Charily Shop.. The church operates a charity shop. Net proceeds from trading are available to support outreach into the local community. assist local community groups and for the general work of the church. {el New Church Building Fund: This fvnd is to assist with the iyjst of building a new Church on the former Sl. John's Church Site las pef Presbyiery Plan). (fl Fund for Repla￿ment ol OffKe Equipment= The Trustees ocCaS￿nalty set aside funds lo replace larger items of equipment (gi Lionthom Manse Capital Fund.. This capital fun¢Y reflects Ihe carrying value of the Lionthom Manse. Ihl Church Property Fund: This capital fund reflects the carTwng value ol the church properb.es at Dorralor Road and Brown StreeL lil Allsorts Fund.. The Allsorts is the 'Mothers and Toddlers" group and contributes to Church funds. O'l Tuesday Fellowship Fund-. The Tuesday Fellowship hosts speakers and enlerlainers and has trip5 to the theatre and places of inte￿$t, and contributes lo the Church. {kl M Logan Memorial Fund.. This fund was established from a legacy. lo be used to support young peoplè taking part in church activities. Support is granted at the discretion of the minister. 111 Garden Fund.. A small donation was designated for the puwes of estsblishing a community gardening project in the parish. Im) The fixed assel fund ¢offesrx)nds to the net ￿0k value of fixed assets other than heritsble properhes. Annual depreoalion is charged lo the fund and the cosl of fixe(J assets purchased is transferred into the fund. Transfers are made between funds to transfer ￿ntrIbUtIonS between deS￿nated funds. church organisations. the general furmj and the charity shop. 12. Analysis of Not Assets botween Funds Unrgstrfcted Funds Restri¢tod General Designated Funds Total Funds Tangible fixed assets Debtors Cash on deposit, at bank & in han(J Creditors due ￿thIn year Net assets at 31 December 2025 460,000 349 111,482 187 571,644 460,000 4,625 124,765 2,690 586.700 4.276 2.937 2,503 4,710 10,346 10,346 16- Camelon Parish Church. Church of Scotland Notes to the Accounts (Continued) 13. Volunteers In common wth all congr8gations of the Church of Scotland the congregation b8nefits from the contribution mad& by volunteers who give their time and talents willingly for the benefit of the Church. The 8reas of congregational lrfe which rely on Ihe contribution of volunteers are many and varied and much of the activity woukj be unable to continue were it not for the commitment shown. 14. 0￿ratIng L•as• Commitment At 31 December the charity had future minimum payThents in rest*ct of an operatiry 18ase for the rental of proFerty as follows.. 2025 2024 Payable.. In 18SS than one year Belween 2 and 5 years 8.740 21.850 30.$90 8,740 30,590 39,330 17- Camelon Parish Church, Church of Scotland Notes to the Accounts (continued) 15. Statement of Flnanclal fv*tlvltles . Prfor Y•ar Unrestricted Restricted Funds Funds Total 2024 Income from: Grants & donations Other trading activities: Charity shop takings Other trading activities Investments Bank interest Total income 26.627 40 26.667 22.013 27,668 22.013 27.668 894 77.202 40 77,242 Expenditure on: Fundraising trading.. charity sh Other costs of raising funds Premises costs Local staffing costs National Ministry and Mission & Wider Work 10.459 181 20,109 8,175 22,149 10,459 181 20,109 8.175 22.149 Other local costs Govemance costs Total expenditure 875 69.296 875 69,296 Net income I lexpanditurel for year 40 Transfers between funds Net rnovemant in fund$ 7.946 Funds reconciliation Total funds brought forward 559,136 10,246 569,382 Total funds carried foThYanl 567,042 10,286 577,328 18- Camelon Parish ChurcN Church of Scotland Notes to the Accounts (¢ontlnuedl 16. Movement In Funds- Prlor Y•ar Income & Exp•n- Gains diture Transfers At 3111¥24 Note 01101124 Restricted funds: Flower fund Baird Trust Totsl restricted funds 258 9,988 10,246 298 9,988 10,286 40 Unrestricted funds: Designated funds.. Fabric Ch8rityShop New Church Buitding Fund Replacement of office equipment Lionthom Manse capitsl fund Church Propety fund Allsorts Tuesday Felloytship M Logan Memorial fund Garden fund Fixed asset fund Total designated funds.. 15.349 77,633 24,192 22,013 242 {12.929) 110,459} 120.6171 26,612 68,570 438 288 210.000 250,000 1,515 495 400 25 210,IX 250,000 1,515 255 400 25 1.451 11.2111 555.661 47.898 {24.599) {20,617) 558.343 General fund Total unfestrlcted funds 3,475 559.136 44.697 29.304 20,617 77.202 69.296 8,699 $67,042 Total funds 569,382 77.242 69,296 577,328 17. Anatysls of Net Assets between Funds- Prlor Year Unrestricted Funds Restrlcted Gengral Designated Funds Total Funds Tangible fixed assets Debtors Cash on deposit. at bank & in hand Creditors due within one year Net assets at 3108cemb•r 2024 460,( 3.395 95.135 187 558,343 460,000 5.849 113,381 1,902 577,328 2,454 7,960 1.715 8,699 10.286 10,286 19- The followng pages are provvjed for information onty and do not fomi part of the financial ststements -20- Camelon Parish Church, Church of Scolland Year ended 31 December 2025 Appendix Funds held on behaff of the congregallon by the Church of Scodand General Trn$tges 2025 2024 Capital Credit balances held at 31 December at ¢ost 42,981 Market Value of ba18nce5 al 31 De￿rnber 50,911 Revenue Credit balance hd¢J at 31 December 8.740 7,133 Temporary funds at 31 December (debit balance) {2.0671 21