The Church of Scotland The Glens and Kirriemuir United Parish Church RECEIPTS ￿ND PAYMENTS ACCOUNTS for the year to 31 Ikcember 2023 CoDgregalion No301￿5 Ch4rity No. SC 015123 Trustees, Annual Report Year ended 31 December 2023 Reference and Admillislrathre lllforniition cE￿lIty NaDJ¢: Glens and Kirriernuir IInit￿l Parish Chwrh Charity Registiation liumbcr SCOI 5123 Cowcgation RcfGtEnGe No: 301835 Contact Address: Church OffLce Baok Street Kirriemuir DD84BO Prin¢ipal Office-boarers tini.$ter: Session Clerk.. rvine msoll 7 St Matcolm's Wynd AngTUS L)DII 4FIII Bank¢rJ Bank of S¢otland 72 W'est High Str￿t ForfaT Aogus DI)x IRJ Truste&s' Annual Report Year ended 31 December 2023 Trustees, Annual Report Year ended 31 December 2023 Strueture, Govcrnan¢¢ and Management Governing Do¢ument The Church is administered in a￿OrdanCe with th¢ t¢rnis of the Deed of Constitution (Unitary Forni). R¢¢ruitm¢nt and Appointment of Trustees Members of the Kirk S&ssion ar¢ the c])arity t￿￿tee8. The Kirk Session members are th¢ elders of the church and are chosen from those m¢mbers of the church who are wnsidered to bave th¢ appropriate gifts and skills. Th¢ minister. who is a m¢mber of th¢ Kirk sessio￿ is elected by the congregation and inducted by Presbvtcry. Organisati(bnal Strneture The Congregation adopted a UDitary Constitution in June 2010. The Kirk Session is responsible for all matters r¢lated to the Congregarion aDd meets up to 6 limes a year. In May 2023 the Kirk Session appoitited a smaller Executive Group to take forward futur¢ plans, including church activiti¢s, patterns of worship, pastoral visiting and reviewing the roll alld attendance. "The Kirk Se￿10￿ is also guided by a Financc Group and a Property Group. Objectives and Activities The Church of Scotland is TrinitarAan in do¢trine, Refornied in tradition and Presbyterian i polity. It exists to glorify Gixl and to work for the advancement of Chrtst's Kingdom througbout the world. As a national Churcty it acknowledges a distinctive ¢all and duty to bring the ordinances of r¢ligion to the people in every parish of Scotland through a territorial ministy. It c(poperates with other Churches in various ecumenical bodies in Scotlaud and beyond. Weekly servic¢s are held at 11.15 in the Parish ChurclL These ServI￿S are live-strean￿l on YouTube. Café style servi￿$ are held monthly. often led by the Worship Group. A reading rota alld a PTa}er rota Provide opportunities for members of the congregation to be involved in services. Th¢ Kirk Sessioll recently approved the trial of three 9.00 services. which will take place in the autumn and will led by th¢ Worship Group. Until June 2023, services were also twice monthly in Cortachy Church. The final service at Cortachy was held on Sunday 18 June 2023. The Kirk s￿l0n b&s agreed to dispose of Cortachy Church and the General Tn￿teeS have recently authoris¢d the sale of the building. Me&sy Churcb, aimed prinwily at families, restarted in the autumn of 2023 with Mo&¥y Auturnn, followed in DeCeM￿r by Me&sy Cbri5tm8s. Messy Chinese New Year, Messy Easter and Messy Climate followed in the first half of 2024. Me&gy Olyrnpics and a picnic are planned for August 2024. Attendance to date has vaTi¢d from 8 adults and 12 childrcn to 12 adults and 20 childrnL Trustees, Annual Report Year ended 31 December 2023 Achievements and Performane¢ The Social and fiundraising Group have organised a different activity each month since September 2023. These have included a basket qui4 a Christmas Fair, a Burns Supper and a 'Naughty but Nice, evening of desserts. Oth¢r a¢tivities include Fa￿llY time, h¢ld once a w¢ek duriDg school holidays. provides games and activities for childr¢n (accompanied by au adult). Numbers vary but have ranged from 5 adults and 7 children to 20 adults and 34 children Drop-in for tea l ¢offcc and a chat take5 place onc¢ a month A monthly film night. held over the winter months Organised by the Guill Souper Tuesday pmvides soup and a rolL together with teas and coffees and often home-n]ade cake over the winter months Ln addition to church activities, our batls are well-used by a wide range of ¢oEnmunity groups including Floral Art, S¢ottisb Countiy Dance, Tai Chi, Qui Gong, Carpet Bowls. Angus Folk and Knit & Natter. Plans are being develo[￿d to refurbish Kirrietnuir Parish churc￿ allowing us to make much ktter use of the space we have. Proposals include removing the pews. screening off thc side aisles to provide breakout areas and providing additional storage at the Tear of the churclL Lighting and audio-visual facilities will also b¢ upgraded. Architects and El¢ctrical Mechanical Engineers have been appointed and WO￿ is currently underway to develop detailed costings, which will b¢ submitted to the Kirk Session for approval. Financial Revielv The Congregation's princtpal source of incom¢ to the General Fund contillues to arise in the fomi of voluntary donatioDS from m¢mbers, namely Gift Aid contributions, weekly freewill offering scheme and open plate collections. At first glance the accounts appear to show that the income from these sources incre&sed dwing 2023 (Note 3 in th¢ a¢¢ounts) but this is not a true comparison because the Kirk Session agreed to change the meth(Ml of accounting in 2023 fronL the Accruals basis to the Receipts and Payments basis. The Rweipts and Payn]ents account reflects the actual money Ieceived and paid out during the year and does not tak¢ account of timing differences. For example, the Tax recovered on Gift Aid contributions in 2023 was £25,898 (again see Note 3) and this represents the tax repaid in respect of 2 y¢ars Gift Aid contributions, If we ¢]iminate this timiDg differenc¢ there was actually a reduction of 140/0 in the regulat donations from memb¢rs. This bas been caused mainly by a reduction in th¢ nun]ber of people making regular contributions to thc Church and is a reflectioll of the increasing age of the congregation. It is obviously a matter of Conce￿ alld thc Kirk Session has agreed to undertake a stewart mu¥t r¢flect th¢ financwl position of the Church at thattime. This must be donc to cn5UTe th&t the financial sLatern¢nts compl) with the CJJaTities and Trustec Investment (Sootland) Act 2005, the Charities AcL4)unts (Scotland) Regulalions 2006 a￿1 thc R¢gulations Ancnt Congregationa] Finan(x approved by the General Aswnbly of the Church of Scotland in 21K)7. They are also rwnsible for safeguarding Ibe assets of the Church and rnu￿ take re￿onable sty for the pr¢v¢ntion and/￿ dctLYtion of fraud and other irr¢guldriti¢s. Date: 7 August 21ll4 Independenl Examiner's Report to the Trustee5 of 'fhe Glens & Kirriemuir United Parish Church I T¥fK)rl on Ihe ￿e￿)￿LL8 of the Lhdriiy for the ye4r endd 31 December 2023 which are set out on pages 7 to 13. R￿peCtive r￿p0￿31b111ties ofirustees and ￿a￿lDer Th¢ charity's trnst¢es are rw>onsibl¢ f(K the prepardlion olthe accounts in accordance with the tcrnis of the Chariti¢s atld Trnstec Inveslmenl {S¢otlaThl) 2005 and the Charities Accounts (Scotland) Rcguldtiuns 2006. The ¢harily In￿teeS CODsider that the audit requirement of Regulation 10(1) (d) of the Account8 Regulations does not apply. It is my reS￿)nsIbIlItY (o examine the aLcounts as required under section 44(1) (c) of th¢ Act and Io itate i¥hether particular matters have come to my attention. Rasig of independettt examiner's statement An cxamination is ¢arricd out in accordan￿ with Rcgulalion I l of thc ChaTitics Accounts {Scotl&T]d) Regulations 2006. An examination includes & of thc accounting T￿.0rd5 kept by tho Gharity and a comparison of the accounts p￿sented witb Ihose records. 11 also includes consideration of any unusual itetns or disclosurcs in the account4 and sccks cxplatiations from thc trust¢cs Lonr¢rnin¥ any such matters. The procedures Ulldcrtukcn do not providc all thc cvidcnckn that would be rcquircd in an audi¢ and consequentty I do noi expr￿$ all audit opinion on the Triew given by the accounts. Independent eyamiller's statement In ttJ¢ Course of my examination. no matter has ￿m¢ to my alt¢ntion whioh gives me reasonable Cause to believe that in any muter1￿ respe￿ the rcquilrthents: to keep accounting records in aecord8nce with Section 44 (1)(&) of the 2005 A¢1 and Regulation 4 of the ?006 Accounts Regulation4 and t() prvparc a￿u￿(S which aLL(>rd with the accounting recA)rds and comply with ReEulatlon 9 of the 2006 Accounts Rcgulations havc rK>t IKcn or to i%hich: in my opinion. atlention should be in order to enable a propcr understanding of tho accounts to be reached. Irvine Adanison 7 St MalLoim'5 Wynd Kirr1￿mu]r Angus DD8 4HB 12 Septen)b¢r 2024 The Glens and Kirriemuir UDlted Parish Church Receipts and Payments Account Year ended 31 December 2023 Unrestiieted Re*trieted Funds Funds 2023 2023 Tot&1 2023 Total 2fr22 Receipts Donations LegaGi¢s Activities for generating funds Bank atld depisit Int¢￿$t vcstmcnt in¢om¢ Note .328 90,328 1.000 71,662 7,767 1.890 2,156 95,374 1095 3.985 2,156 97.469 517 1,926 81,872 1095 Incom¢ from other trading ￿tIVItieS Hall and church hire Photocopying aod printing Sale of fairtrade goods Grants R¢¢¢ipts from general tnLSt¢es Other receipts 11.706 268 198 11.706 268 198 8,000 11,311 192 585 13,000 9,397 6,S56 8.000 1,462 4.632 Total Receipts 109.008 14,727 123.735 122,913 Payments Costs of generatAng fimds Charitable activities Governance costs Total Payments 209 92.746 209 113.431 540 114,180 205 124,848 728 125,781 20.685 93,495 20,685 Excess of Reeeiyts over Payments for tbe year before trnDsfer& 15J13 (5,958) 9555 (2,868) TraD8fers betreen Funds (7ffj73) 7,673 EIcw of Recelpts over Payments for the year after traD3fen 1.715 9J55 {2,868) I'he Glens and Kirriemulr United Partsh Lhlltth Statement of Balances At 31 December 2023 Unrestrlethl Restrkted Funds Fullds 2023 2023 Total 21123 2022 Nole Bank and deposit tmlancas brought fotwwd 59.618 71.159 130.777 l33.645 Mov¢m¢nt ill 'ear. Bx¢ess of Receipts over Payments for d 1,715 9.555 (2,868) 67.458 71874 I40.332 130.777 ITweslments at n￿rket vxkne Chuch of SLOtlalld Iuvc6t(Ks Tn Geucrfd Fund - 11656 w)tts {cost £23.934) Incojllr F'und- 1515 units (cost £9,999) 67.954 16,604 84,558 67.954 16.61M 84.558 62,912 15.998 78.940 ]ncoJn¢ R¢¢4)V￿le (on Gift Aid) F-xpenw recoveTrble Ge¥￿￿] TnL8te Swi(by d¢bti)rs and prepaid ¢xp¢n 12,400 LO,712 114 10.712 2.800 25,912 26,411 2.425 32.274 25.912 IA#biliti&8 Sundry creditors &nd accnwls 1,356 .356 2,025 Tkn aecoutsts werc approvcd by the Kirk ￿ on 7 Auwt 2024. The Glens and Kirriemuir United Parish Church Notes to the Accounts for year ended 31 D¢cemb¢T 2023 i. Trus¢ee RemDntration 4nd Rtlatuj Partv Trans4ctÉoDs During the y&v. the mIni%t￿ rexeived r¢I[llbu￿CnRnt of expenses (including traTrel and tciephone exp¢nseB) totalling £1.213 (2022 £1,070) aDd the sum of £2,570 (2022 £2,169) M'as paid for manse coun¢il tax. In addition the following lAWt￿5 ff¢¢ived p&ym¢nts for providing servic&8 duriog ttLe vear.. 1205 10.472 1.663 1.663 406 . o trI￿tee or a person related to a trustee had allv personal interest in Blly Cotstract or ￿nsaction cntttred into by the chariry during the year. During the year a rolal of £16.556 donated to th¢ wngregation by trustees. tlJa 2023 At31 Re¢eipts Payments Transfen De¢ 21)23 Movemeni In Funds Lnrestrfeted fu￿d5 Designated Fabric Futsd Iksigmated Equip Replacement Fulld rjesignatsd Mgsyy ChurLh Fund Designated Guild Fulld Desi¥nal¢d Th￿rn￿ Totg Fund LkSigt￿tCd Flo￿¢r Fund Iksignated Sunday Sch(x)l Fund Lkbignatcd Bible CIASS Fund Designated Youth Work Fund Bequest FUI (ronerai Fund 11,80) 245 1.646 ,052 220 281 1,159 337 972 (1.920) {24)) (187) (2,026) (2,942> {210} 10.857 36 1.670 1.495 696 123 158 2200 87 (1,159) (337) 1,496 (7W) 9,074 (7,673) 1,496 36,776 1 S.857 67,458 36,776 6,097 59,618 799 104,799 109,008 (85965) Restrkled funds USIC￿ Instrumrnt liund BB Fund_now Youth Work Fund Youth WoTk Fund (established 2022) Carpet Bowls Fund Benevoleot Fund S8 Flequest Fund Youth Community bund Slip#ud Fund Fastofal 'J Fund Hall Chair F'und Brain DeEenerative Illness Fund Stewart RatThqay Memurial Fund 1955 43,125 4,118 (lJ55) I,t541 4.118 (4.118) 48,884 3,465 14 61 83 3.465 663 2,808 3,8¥9 12,247 79 168 423 248 72,874 140 332 649 2.808 3,$06 12247 .630 {61) {266) 8,000 9,179 (18,730) 414 243 71,li9 130.777 14,727 123.735 20,685) (114.180 7,673 Tvtal Pur ose5 of UDre8¢ricted Funds Fabric Fund.. Th¢ trnstees have set aside fimds for the maintenallce of ¢hurch properties. Equipment replacement fumd: These fi]nds were for the replacement of geoeral equipment. Designated Messy Church Fund: These funds are to facilitatr th¢ provision of Messy Church Designated Gulld Fund: These funds are for the us¢ of the Guild. Bequest Fund.. Ikgacies in excess of £1,000 and not used for sp￿lfi¢ puryos¢s are credited to this Fund. Income arising from tELiS fund is transferred to the Gen¢rai Fund. Deslgnated Tbrnms Tots Fund: These fimds are used to faciliL2te the njnning of the Thrums Tots group. D&%lgll#ted Flower Fund: These ￿ndS aT¢ us￿ fi>r florat decoration in the Church. D&qi2llated Sundgy Sehtsol Fund:aud Designated Bible Ct9&8 Fund wer¢ both for assisting with Christian Educatioll C05ts.The Kirk S￿l0n awyd to re-desigtiate both of these funds and combine them as a Designated Youth Work Fund, to be used for work with young people. Pur 05£$ of Re8trkted Funds Musical ID8trnment Fund.. This fund w&8 set up for expenses re]2ting to musi¢al instrwnents.The balan¢¢ remaining in thi5 fund was used during th¢ year towards the cost of a digital hymn b￿k and the Fund bas been closed. Boys Biigade Fund: llow Youth Work Re8trlcted Fund. This fund ¢re&ted by the Kirk Session when the BB hall was sold and was thereafter used for BB expens&8. Following the closure of the BB Company. the Kirk Session di*ided thal the Fund could now b¢ ￿ed for Youth WorK and that the name of th¢ Fund be Gbangd to Yijuth Work Restrioted fiund . Youth Work Fulld: (ejtsblighed 21ll2) This fund w&8 created from th¢ balance in the BB sUp￿>rt Group bank account which was donated to the congreg￿10￿ Following th¢ decision by the Kirk Session to re-c1&%5ify the BB Fund as the Youth Work Restricte41 Fund, it w&s decided to amaIgamate this fund with the fomier BB Fund Caryet BowL8 Fund This Fulld w&8 established from the transfer of the bank balance of the fomier sOuth￿ll1r Bowling Club to the congregation and is to be US￿ for the purchase of carpet Benevolent Fund.. This is a fund from which the trustees can make distributii)ns for benevolent purposes. Sundgy School Bequest Fund: This is a fi￿d for &48isting with youth ¢du¢ation costs. Youth Community Fund.. This is a fimd from which grdfLts be made to young individuals or groups within the wmmunity towAtits the c4)st of projects they are undertaking. Stipend Fund: The int¢rest arisiJ]g fmm Ihis fund contributes to ministy costs. Pastoral Team Fund: This is a fuJKI set up with a graDt from the Skein Trust to pay for costs of additional p&8toral WOTL Hall Chair Trknnd.. This w&s set up to rep]ace the chatts in the church ball. Brain Deg¢Derative Illness Fund: This is a fi￿￿ to provide support for the Care￿ of tlLose suffering from Brain D¢generativ¢ Illness. Stejvgrt Ramsay Memorknl Fund.. This is eX￿$S fimds from the Gost of pUrch￿l￿g a m¢morial bench. This will ￿ uscd for the upkeep of tlke bench and the flower tub beside it. Unrestricted R£5tri¢ted Vunds Funds 2023 2023 TotAI 2023 Totsl 2022 3. Analysis of Don¥tions WFO Scheme (non Gift Aid) Gift Aid Donations T&x Recovered on Gift Aid [h[￿tiOns Ordinary Offerings (Open Plate) StI￿dIng Order Donations (non GiftAid) Other Offerin￿. t)onatioDs etc 3.626 44,75] 25,898 3,971 7.420 4.662 90.328 3.626 44,751 25,898 3,971 7,420 4,662 90,328 4,793 50,685 2,946 8.877 4.361 71,662 io 4. Allatysis of Other Income Life and Work donations Employm¢nt Allowan¢e Souper Tuesday donations Funds r￿¢1Ved from BB Support Group Funds transferr&J from SouthtDuir car￿ Bowls Miscellaneous 84 1,180 1.246 192 1,054 429 4,118 1,180 1246 3,452 3,452 132 132 1.462 763 4,632 5. Analysts of Payments Costs of%enera¢ing fund5 Offering envclopes 209 209 209 209 205 205 Charitable activities Ministri&s and Mission allooation Presbytery dues Ministsr's telephone and trav¢1 expenses Associate ministerfs tr￿e1 exlxnses Materiais etr for youth activiti¢s Pulpit supply Other sal&rie8 and employer Nl Manse council t&Y Insurance Bookkeeping and payroll costs Digital Hytllll Book Guild expenses (includitig Capit&tion Fees) Worship and MissiotL development costs Chur¢h i¢l¢phone and internet costs Gelleral stationery aod office costs Postag¢ Photocopying 8md pritlting c(k8ts Life and Work costs Purchase of fairtrad¢ go(Kls Fabric Fund expenses Souper Tuesday costs Miscellaneous expenses Ciwitsbl¢ donation8 and distributions 49,194 1,453 1213 49,194 1.453 1,213 62,782 2,655 1.170 392 ioi 18,007 2,547 8,449 356 810 1.427 921 794 1,051 785 575 84 107 1.919 512 933 1.116 92,746 3¥2 ioi 36.737 2,547 8,449 356 2,765 1,427 921 794 1.051 785 575 84 107 1.919 512 933 1,116 113,431 189 318 33,619 2,415 8,616 43 18.730 1.955 2,007 1,192 564 232 ,424 241 250 5.(K>O 814 650 124,848 20.685 Governallce costs tndependent examin￿.5 r￿S 540 540 728 93,286 20.685 13,971 125,576 Mintster's Stipend All Church of Scotl8nd cOn￿egationS contribute to the National StipeDd Fund which beaTS the costs of all ministus. stipends and emplovels contributions for national insurance> pension and housing and loan fund. MiDiststs' stipends are paid in accordance with th¢ national 5tip¢nd 8cale, which is related to veats of 5erYice. For the year under feview the minimum stipend was £30.135 and the maxitnum stipend (in th¢ fitth and subsequent years of service) was £37.032. 2023 2022 7. CoUectioDy for Thlrd Partie Turkeylsyria Earthquake Appeal Christian Aid Shelter Social Bite Kirriemuir Day Care Angel Tr¢e for Christtnas GitL Water Aid Mcmillao Cancer Suptx)rt Ukraine HumanI￿lan Appeal Blythsw(Kid Sb(*box Appeal 409 253 35 15 72 670 677 619 2.736 58 388 576 1.734 4,874 Charitable Trust The Glens and Kitriemuir Cbaritable Trust regist¢red in 2010 as a separate charity (Ref. SC041609). There are ¢UTr¢ntty Six trustees. three of whom are also tn￿lee8 of Th¢ Glens and Kirriemuir United Parish Church. The aim of th¢ trN5t is to help pr¢s¢rve the fabri¢ of the buildings ¢d by ttle congregation and to meet some of the running costs of these buildings. Since th¢ middle of 2010 most of the fabric m8intenaDce COSLS alld all of the he&ting and lighting ￿sts of the chwch buildings have been met by the trusL During 2023 the trnst also met ttLe costs of architscts, fees and survey work &ssiKiated WAth the pro￿￿ed refiwbishment of Kirri¢muir Parish Church. The trust 15 mainly fIll￿ed by donations and bequests and income froffl fundraising. Donations have decre&8¢d during the last few years. while heating and lighting costs have incre&sed significantly. The tnL%tees havc advised tha¢ with the exception of £10,000 held specifically for that purpose. the trust is unlthely to b¢ able to contribute to the refi￿bIShMent costs during 2024 and may not be able to meet all of the routine maintenan¢¢ wsts. 12 APPEIYDIX WUNDS IIELD ON BEHALF OF THE CONGREGATION BY THE CHURCH OF SCOTLAND GENERAL TRusfEES 2023 21ll2 CAprrAL ACCOUNT Credit BaIances held in 13770 Growth Fund units 43,634 Credit Balance held in 3738 Income Fund uniL8 32,29) Credit Balance held in 1071J64 CFF units 111,721 Credit Balance held in Dqlosit Fund 246,583 207,664 322.507 319,385 Market Value of above investtnents at 31 DeCern￿ 2023 £367.830 (2022 £372543) REVENUE ACCOUNT Credit Balance at 31 Decemixr 16.824 4,335 TEMPORARY Accoiiwr Credit Baiaftce at 31 December 82,610 13