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← United Reformed Church Coaltown

2021-12-31-accounts

APPENDIX 1

OSC r

Trustees’ Annual Report for the period Trustees’ Annual Report for the period Trustees’ Annual Report for the period Trustees’ Annual Report for the period Trustees’ Annual Report for the period Trustees’ Annual Report for the period Trustees’ Annual Report for the period Trustees’ Annual Report for the period
Period start date Period end date
Day Month Year Day Month Year
From
1		 Jan 2021 To
31		 Dec 2021

Office of the Scottish Charity Regulator

Reference and administration details

Charity name Coaltown of Balgonie United Reformed Church Other names charity is known by Registered charity number SC014822 Charity’s principal address 73 Main Street Coaltown of Balgonie Fife

KY7 6HX

Names of the charity trustees on date of approval of Trustees’ Annual Report

Trustee name Office (if any) Dates acted if
not for whole year		 Name of person
(or body) entitled to
appoint trustee (if any)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20		 Secretary
Treasurer

Appendix 1

December 2021

1

APPENDIX 1

Reference and administration details

Names of all other charity trustees during the period, if any, (for example, those who resigned part way through the financial period)

Name Name Dates acted if not for whole year
Resigned 31 Oct 21
Deceased 13 Dec 21
Resigned 1 Aug 21
Structure, governance and management
Type of governing document
Trustee recruitment and appointment
The Church is administered in accordance with the Constitution of the
United Reformed Church.
The Church Meeting, which comprises all the members of the
Congregation, makes the decisions regarding the spiritual and temporal
affairs of the Church.
The Elders meeting is chaired by the Minister or another Elder and
manages the affairs of the Church.
The Elders are the Charity Trustees.
Elders are members of the Church chosen by the members of the
Church and appointed by the Church Meeting.
The minister is an Elder and is selected by the Congregation at the
Church Meeting and inducted by the Moderator of the United Reformed
Church Synod of Scotland or his appointed representative.
Objectives and activities
Charitable purposes
Summary of the main activities
in relation to these objects
Advancement of the Christian faith for the benefit of the public in
accordance with the Scheme of Union of the United Reformed Church
Providing regular public worship for all
Promoting the Christian faith
Teaching the faith to all ages
Providing training, nurture and activities for children and young people
Serving the community
Giving pastoral care and support to members and others in need,
particularly those in sickness, distress or poverty
Providing premises andresourcesforcommunity groups and activities.

Appendix 1

December 2021

2

APPENDIX 1

Achievements and performance

Summary of the main achievements Although the main sanctuary was closed due to structural defects at the of the charity during the financial end of 2019, regular weekly worship continued to be provided in the period church hall up to the point of Covid lockdown at the end of March 2020. Regular worship then continued to be provided on-line, by members of the other churches, for the whole pastorate. Following the cosure of Dunning URC the Minister only serves 2 other Fife/Tayside churches. This appointment was due for review at the end of 2020 and was extended to the end of 2022 when another review was due to take place. However, with the reduction of the pastorate to 3 churches a review was rescheduled for the end of 2021. Following discussions with the minister and elders regarding the future of the church, considering, particularly, the increasing age of the congregation and the reducing membership, it was decided to propose closure of the church to the membership. At church meeting on the 25[th] July 2021 the church voted unanimously to close with immediate effect and seek to close the charity with the assistance of the Synod of Scotland of the URC. Up to the point of closure, pastoral care by telephone continued to be provided by the Minister and through informal links between members. During the year the church continued to support Glenrothes churches together, GROW, and the Foodbank within the local community. Following the closure decision, the appointment of the minister was reveiwed. The minister then left the pastorate on 31[st] October 2021 and took up a position in the north of England. In addition, one elder resigned and sadly the church secretary died on the 14[th] December 2021.

Financial review

Brief statement of the charity’s policy As the church has decided to close there are no requirements for on reserves reserves. Details of any deficit Donated facilities and services (if any) The charity has the right to occupy and use for its charitable objects certain tangible fixed assets, including the church and halls and manse, vested in the United Reformed Synod of Scotland. No consideration is payable for the use of these assets

Appendix 1

December 2021

3

APPENDIX 1

Other optional information

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Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (e.g. Chair)

==> picture [417 x 115] intentionally omitted <==

Secretary Treasurer Date 15 September 2022 15 September 2022

Appendix 1

December 2021

4

APPENDIX 2

Enter SC No. below SC014822

Enter charity name below Coaltown of Balgonie United Reformed Church

cesareanSONPGEE Coaltown of Balgonie United Reformed Church Coaltown of Balgonie United Reformed Church Coaltown of Balgonie United Reformed Church Coaltown of Balgonie United Reformed Church Coaltown of Balgonie United Reformed Church Coaltown of Balgonie United Reformed Church Coaltown of Balgonie United Reformed Church Coaltown of Balgonie United Reformed Church Coaltown of Balgonie United Reformed Church Coaltown of Balgonie United Reformed Church Coaltown of Balgonie United Reformed Church Coaltown of Balgonie United Reformed Church Coaltown of Balgonie United Reformed Church Coaltown of Balgonie United Reformed Church Coaltown of Balgonie United Reformed Church Coaltown of Balgonie United Reformed Church Coaltown of Balgonie United Reformed Church Coaltown of Balgonie United Reformed Church SC014822 SC014822
Receipts andpayments accounts
For the period
from
Period start date
Period end date
to
Day
Month
Year
Day
Month
Year
1
January
2021
31
December
2021
~~—======~~
Section A Statement of receipts and payments
Unrestricted
funds		 Restricted
funds		 Expendable
endowment
funds		 Permanent
endowment
funds		 Total funds
current period		 Total funds last
period		 Total funds last
to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £
A1 Receipts
Donations 210 - - - 210 4,400
Legacies - - - - - 18,991
Grants - - - - - -
Receipts from fundraisingactivities - - - - - -
Gross tradingreceipts - - - - - -
Income from investments other than
land and buildings 2,408 - - - 2,408 2,375
Rents from land & buildings - - - - - 20
Gross receipts from other charitable
activities - - - - - -
- -
A1 Sub total A1 Sub total
2,618		 - - - 2,618 25,786
A2 Receipts from asset &
investment sales
Proceeds from sale of fixed assets
-
-
Proceeds from sale of investments
26,062
-
A2 Sub total 26,062
-
Total receipts 28,680
-
~~————~~		 -
-
-
-		 -
-
-
-		 -
-
-
-		 -
-
-
-		 -
-
-
-		 -
-
-
-		 -
26,062
26,062
28,680		 -
26,062
26,062
28,680		 -
26,062
26,062
28,680		 -
2,000
2,000
27,786
A3 Payments
Expenses for fundraising activities - - - - - -
Gross trading payments - - - - - -
Investment management costs - - - - - -
Payments relating directly to charitable Payments relating directly to charitable
activities 3,386 - - - 3,386 8,103
Grants and donations 610 - - - 610 784
Governance costs:
- - - - - -
Audit / independent examination - - - - - -
Preparation of annual accounts - - - - - -
Legal costs - - - - - -
Other Other
- - - - - -
- - - - - -
**A3 Sub total ** 3,996 - - - - - - - - - - 3,996 3,996 3,996 8,887
A4 Payments relating to asset and
investment movements
Purchases of fixed assets
-
-
-
-
-
-
Purchase of investments
-
-
-
-
-
-
A4 Sub total -
-
-
-
-
-
Total payments 3,996
-
-
-
3,996
8,887
~~————————~~
Net receipts / (payments)
A5 Transfers to / (from) funds
Surplus / (deficit) for year		 24,684
-
-
-
24,684
18,900
-
-
-
-
-
-
24,684
-
-
-
24,684
18,900
~~=SSS5—~~

Appexdix 2: R&P Accounts

December 2021

Page 5

APPENDIX 2

APPENDIX 2 APPENDIX 2 APPENDIX 2
Coaltown of Balgonie United Reformed Church SC014822
Section B Statement of balances
Categories
Signed by one or two trustees
on behalf of all the trustees
B1 Cash funds
B2 Investments
B3 Other assets
B4 Liabilities
B5 Contingent liabilities		 Details Unrestricted
funds
to nearest £
19,813
24,684
-
-		 Restricted funds
to nearest £
-
-
-
-		 Expendable
endowment
funds
to nearest £		 Permanent
endowment
funds
to nearest £		 Total current
period
to nearest £		 Total last
period
to nearest £
Cash and bank balances at start of year - - 19,813 913
Surplus / (deficit) shown on receipts and
payments account		 - - 24,684 18,900
- - - -
- - - -
Cash and bank balances at end of year
(Agree balances with receipts and payments
account(s))
Details		 44,497 - - - 44,497 19,813
-
-
-
-
-
-
Fund to which asset belongs Market valuation
to nearest £		 Last year
to nearest £
Standard Life Unrest ricted - 24,613
Henderson Unrest ricted 17,428 17,940
Artemis Unrest ricted 17,867 17,886
-
-
-
-
Details Fund to which asset belongs Total
Cost (if available)
to nearest £		 35,295 60,438
Current value (if
available)
to nearest £		 Last year
to nearest £
Gift Aid Tax Reclaim Unres tricted -
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Details Total
Fund to which l		 -
-
-
iability relates Amount due
to nearest £		 Last year
to nearest £
None - -
- -
- -
- -
- -
Details Fund to which l Total
iability relates		 - -
Amount due
(estimate)
to nearest £		 Last year
to nearest £
None - -
- -
- -
Signature Print Name Total -
-
Date of
approval
15 Sep 22
15 Sep 22

Appexdix 2: Statement of balances

December 2021

Page 6

APPENDIX 2

Coaltown of Balgonie United Reformed Church

SC014822

Section C Notes to the Accounts Section C Notes to the Accounts Section C Notes to the Accounts
C3a Trustee remuneration
C4a Trustee expenses
C5 Transactions with trustees
and connected persons
C4b Trustee expenses -
details
C2 Grants
C1 Nature and purpose of
funds(may be stated on
analysis of funds worksheets)
C3b Trustee remuneration -
details
Type of activity or project supported Individual /
institution		 Number of grants
made
£
Total -
If no remuneration was paid during the period to any charity trustee or person connected to a
trustee cross this box (otherwise complete section 3b)
Authority under which paid £
If no expenses were paid to any charity trustee during the period then cross
(otherwise complete section 4b)		 this box
Nature of transaction Number of
trustees		 £

Nature of relationship		 Transaction
amount (£)		 Balance
outstanding at
period end (£)

C6 Other information

All United Reformed Churches contribute to the national URC Ministry and Mission Fund. This fund bears the costs of all ministers' stipends and employer's contributions for national insurance, pensions and housing.

Minesterial expenses are managed, paid and reported centrally. A proportionate contribution is paid Dunfermline URC (SC004868) who manage and reoprt the expenses.

Appexdix 2: Notes

December 2021

Page 7

APPENDIX 2

Coaltown of Balgonie United Reformed Church

SC014822

Additional analysis (1)

Analysis of receipts and payments

1 Donations

1 Donations 1 Donations
Unrestricted
funds
to nearest £		 Restricted funds
to nearest £		 Expendable
endowment
funds
to nearest £		 Permanent
endowment
funds
to nearest £		 Total current
period
to nearest £		 Total last period
to nearest £
Direct Giving 210 - - - 210 2,857
Other Donations - - - - - -
Gift Aid Tax Relief - - - - - 1,543
- - - - -
Total 210 - - - 210 4,400
- - - - - -

2 Grants

2 Grants 2 Grants
Unrestricted
funds
to nearest £		 Restricted funds
to nearest £		 Total current
period
to nearest £		 Total last period
to nearest £
- - - -
- - - -
- - - -
- - - -
Total
-
-
Unrestricted
funds
to nearest £
3 Gross receipts from other charitable activities		 - - - -
-
Restricted funds
to nearest £		 Expendable
endowment
funds
to nearest £		 Permanent
endowment
funds
to nearest £		 -
Total current
period
to nearest £		 -
Total last period
to nearest £
Collections for other charities - - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Total - - - - - -
- - - - - -

4 Payments relating directly to charitable activities

Unrestricted
funds
to nearest £		 Unrestricted
funds
to nearest £		 Restricted funds
to nearest £		 Restricted funds
to nearest £		 Expendable
endowment
funds
to nearest £		 Permanent
endowment
funds
to nearest £		 Permanent
endowment
funds
to nearest £		 Total current
period
to nearest £		 Total current
period
to nearest £		 Total last period
to nearest £
BuildingMaintenance & Cleaning 520 - - - 520 1,722
BuildingServices 104 - - - 104 930
Contribution to Ministerial Expenses 263 - - - 263 1,027
Stationery, Periodicals & Advertising - - - - - -
WorshipResources, Pulpit Supply& Expenses - - - - - 140
Ministry& Missionpayment to URC(Note C6) 2,499 - - - 2,499 4,284
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Total 3,386 - - - 3,386 8,103
- - - - - -

Appexdix 2: Additional notes (1)

December 2021

Page 8

APPENDIX 2

Coaltown of Balgonie United Reformed Church

SC014822

Additional analysis (2)

5 Breakdown of unrestricted funds

5 Breakdown of unrestricted funds 5 Breakdown of unrestricted funds
Receipts Unrestricted
fund 1 - enter
name of fund
below
Main Operating
Account		 Unrestricted
fund 2 - enter
name of fund
below		 Unrestricted
fund 3 - enter
name of fund
below		 Unrestricted
fund 4 - enter
name of fund
below		 Total
unrestricted
funds		 Total
unrestricted
funds last period
Donations 210 - - - 210 4,400
Legacies - - - - - 18,991
Grants - - - - - -
Receipts from fundraisingactivities - - - - - -
Gross tradingreceipts - - - - - -
Income from investments other than land and buildings 2,408 - - - 2,408 2,375
Rents from land & buildings - - - - - 20
Gross receipts from other charitable activities - - - - - -
Sub total
Receipts from asset & investment sales		 2,618 - - - 2,618 25,786
Proceeds from sale of fixed assets - - - - - -
Proceeds from sale of investments 26,062 - - - 26,062 -
Sub total
Total receipts
Payments		 26,062 - - - 26,062 -
28,680 - - - 28,680 25,786
-
Expenses for fundraisingactivities - - - - - -
Gross trading payments - - - - - -
Investment management costs - - - - - -
Payments relatingdirectlyto charitable activities 3,386 - - - 3,386 8,103
Grants and donations 610 - - - 610 784
Governance costs: - - - - - -
Audit / independent examination - - - - - -
Preparation of annual accounts - - - - - -
Legal costs - - - - - -
Other - - - - - -
- - - - - -
Sub total
Payments relating to asset and investment movemen		 3,996 - - - 3,996 8,887
ts -
Purchases of fixed assets - - - - - -
Purchase of investments - - - - - -
Sub total
Total payments
Net receipts / (payments)
Transfers to / (from) funds
Surplus / (deficit) for year		 - - - - - -
-
3,996 - - - 3,996 8,887
-
24,684 - - - 24,684 16,900
- - - -
24,684 - - - 24,684 16,900
-
Nature andpurpose of funds
Main Operating Account is the main fund for regular transactions and operating income and expenditure.

Appexdix 2: Additional notes (2)

December 2021

Page 9

APPENDIX 3

OSC r

Office of the Scottish Charity Regulator

Report to the
trustees/members of
Registered charity
number
On the accounts of the
charity for the period
Set out on pages
Respective
responsibilities of
trustees and examiner
Basis of independent
examiner’s statement
Independent examiner’s
statement
Signed:
Name:
Relevant professional
qualification(s) or body
Address:		 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2 Independent examiner’s report on the accountsV2
Coaltown of Balgonie United Reformed Church
SC014822
Period start date Period end date
Day Month Year Day Month Year

1		 Jan 2021 to
31		 Dec 2021
5 - 9 (remember to include the page
numbers of additional sheets)
The charity’s trustees are responsible for the preparation of the accounts in accordance
with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the
Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the
audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply. It
is my responsibility to examine the accounts as required under section 44(1) (c) of the
Act and to state whether particular matters have come to my attention.
My examination is carried out in accordance with Regulation 11 of the Charities
Accounts (Scotland) Regulations 2006. An examination includes a review of the
accounting records kept by the charity and a comparison of the accounts presented with
those records. It also includes consideration of any unusual items or disclosures in the
accounts and seeks explanations from 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 accounts.
In the course of my examination, no matter has come to my attention
1.
which gives me reasonable cause to believe that in any material respect the
requirements:
•
to keep accounting records in accordance with section 44(1) (a) of the 2005 Act
and Regulation 4 of the 2006 Accounts Regulations, and
•
to prepare accounts which accord with the accounting records and comply with
Regulation 9 of the 2006 Accounts Regulations
have not been met, or
2. to which, in my opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
Date: 01 June 2022

*Please delete the words in the brackets if they do not apply. If the words do apply, set out those matters which have come to your attention on the following page.

Appendix 3

December 2021

Page 10

APPENDIX 3

Disclosure section

Only complete if the examiner needs to highlight material problems.

Give here brief details of any items that the examiner wishes to disclose

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Appendix 3

December 2021

Page 10