Sherbrooke Mos5park Parish Church of Scotland
Report and Accounts
for the year ended 31 December 2024
Congregation No: 161063
Charity No: SC015155

Sherbrooke Mosspark Parish Church of Scotland
Trustees. Report
for the year ended 31 December 2024
The trustees are pleaed to present their annual report and the auounts of the charity for the year ended 31
December 2024.
The accounts have been prepared in accordance with the accounting policies set out in the 3ccount5 and
comply with the Gener31 Assembly Regulation5 for Congregational Finance, the Charitie5 and Trustee
Investment (Scotlandl Act 2005, the Charities Accounts (Scotlandl Regulations 2006 las amended) and
Accounting and Reporting by Charities= Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Fillanci31 Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021 effertive from l January 2019.
Objectives and Activitie5
The Church of Scotland is Trinitarian in doctrine. Reformed in tradition and Presbyterian in polity. It exists
to glorify God and to work for the advancement of Chrisvs Kingdom throughout the world. As a national
Church, it acknowledges a distinctive call and duty to bring the ordinances of religion to the people in every
parish of Scotland through a territori31 ministry. It co-operate5 Wlth other Churches in various ecumenical
bodies in Scotland and beyond.
To achieve this the church .
lal provides for the ordinances of religion to be prattised and observed in the parish area
Ibl provides for the baptism and nurture of young people in faith that they might take their place in
society 35 responsible moT31 people,
Icl provides support for families who are experiencing ill health or bereavement, conducts funeral services
for the dead in the parish area,
Idl provides a place for young people to belong to organisations like the Scouts or Brownies,
lel provides a place for outside bodkes to contribute to their community le.g. Govan Salvation Army who
hold a number of concerts to provide help for the people of Govanl.
If) supports many charities through fundraising effort5 (Christian Aid,. Preshal Trust, Govan; the Lodging
House Mission and Glasgow City Mission } working with people with enormous social problems,. Starter
Packs, Govan,. Mary's Meals and many more charities working with the disadvantaged and marginali5ed in
our society.
Igl provides the use of our buildings for the benefrt of many cultural groups providing a venue for the
Glasgow Chamber Orchestra, Glasgow Orchestral Society and others.
Public Benejlt
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities
the charity should undertake.
The aims are to provide for the ordinances and Sacrdments of the Church to be available within the
territorial bounds of our parish allowing people to deal with the Major events in their lives such as the birth
of a child, a marriage or a death.
Page I

Sherbrooke Mosspark Parish Church of Scotland
Trustees. Report
for the year ended 31 December 2024
Achievements and Performance
As a church community we conlinue to draw yovn8 people from elsewhere into our kirk as they seek
marriage. The fellowship we provide allows them. after marriage. to continue their assO£lation with us
without nece55arily committing themselves to full membership.
Ovemiew
There were four meetings of the Kirk Session and a Stated Annu31 Meeting of the Congregatlon held during
2024. An Elders Conference organised by the Membership Care & Development and Discipleship
Cornmittee was held in November. The conference aim was to identify way5 in which elders, connection
witi church mombers could be improved
remained as Session Clerk until 24th May when
took over. There are 35 serving eloers. The committèe structure developed during 2023
reniailli li Ali, £ Wlth the various committees reporting to the Kirk Session.
continued ds InTrnister, iowever illnes5 during the summer prevented him from
performing his usual duties
mirbister of Ibrox Parish Church, ou,- cluster
church, conducted some service- i-d i-"
i..O'i al iare wherÈ possible. We were also fortunate to
have helt) and advice from the
vho was appointed Interim Moderator for July and
August.
as ablè to return to limited duties in September and thereafter. when his health irnproved,
he was fully back in post and able to resume a mid-week seTvice in addition to Sunday worship.
ontinued a5 Church Officer during 2024 however she notified us that she would be leavin8
on R1 %t December. Intervie￿￿ for a replacement took place during December and a suitable CEndidate,
Rory Spen¢er, was employed to start work on 1st January2025.
We continue to work wtth Ibrox Parish Church and regularly have joint seThices. We have a 5teerinE group
warking towards a union in line with the Presbytery Plan
The funding fof a Church arid Comniu'iity Outreach Worker was withdrawn from us during the year. This
meant that we had to lose
June 2024. Her Wdluable i':#.k continues iiiitb. iioli pr)*￿(￿r< nnw
taking nvpr the organi5atio* ol N1oi¥'/ c.hurch and Sunday School.
nd t￿.e
liaise with Mosspark Primary School. Me55y Church continues to be held at Mosspark
BowlinE c.liih with Muddy Church held in local parks in the summer when the Bowling Club premises are not
available. Attendance varies but the sessions allo'N for valuable fellowship and connection with Mosspark
families
as also involved through Faith in the Community with an ecumenical project to welcome
Asylum S9￿k￿r5 housed in the GoUrb6n Hotel. The response to this initiative was poor but it is hoped that
thi5 will improve as time goes on. A volunteer will be needed to continue
1nvolvement. The Parent
and Toddler group led byl•3s been suspended until there are more voltsiiteers.
ontinue5 as Organist and Director of Music His musicianship and development of the choir
grprltlo er)liriiice5 worship. In addition to Sunday w0￿h1p
organises special music lor Easter and
Cpristmas and is respor751ble for a veiy well received ecumenical Carols by Candlelight service.
The Roll a5 of 31st December 2024 stood at 276. During the year 8 members were added by restoration or
resolution of the Klrk Session. There were 6 death5 and 4 members reTnoved by certificate of trar￿ferenCe,
3 baptism5. 1 blessing and 6 funerals. The average number of worshipers was around 150.
Page 2

Sherbrooke Mosspark Parish Church of Scotland
Trustees. Report
for the year ended 31 December 2024
Church Life
We recognise that good communication and fellowship are very important to the life of the church.
Our efforts to achieve good communication indude a regularly updated website, two WhatsApp Groups, a
Facebook presence and a quarterly newsletter. Online worship continues to be avallablÈ to those unable to
attend church wlth around 150 subscribers to the li)JE Stream and an average of aro¥Jnd 75 views.
Fellowship is greatly enhanced by the outstanding work of members of the Social Committee and the
Coffee Team who provide tea and coffee after worship every week, the Easter Breakfast and the Christmas
Lunch. They a150 contribute to special events such as the Church Ceilidh, the Plant Sale. the Advent Fayre
and the Mince Pies & Mulled Wine social gathering after Giro15 by Candlelight.
The Women'5 Group meets rnOnth￿ from September to June. This is well supported with a varied
programme. A Coffee Morning in February raised well over £l.000 for the Hosptce in 2024. There is an
annual dinner in lune which is enjoyed by ladies from the church and the local area. The Guild meets
weekly from September to lune in the Harvest Church in Mosspark. The meetings follow the standard
Church of Scotland programme which includes a hymn and a prayer in addition to a speaker or
entertainment.
Badminton continues on Monday evenings with church and non-church players participating.
The AM Chorus, a Community Choir led by
Is very popular with over 30 rllembef5 frorn the
church and the local area. They enjoy weekly sessions of joyFul singing followed by coffee and fellowship
and are happy to augment the church choir at Christmas and Easter worship.
Fellowship is front and Centre of Soup and Chat. a monthty gathering of up to about 25 people enjoying
delicious soup and lively companv.
The Yam Stormers are a group of ladies who undertake various knitting ch311ènges creating interesting
displays and knitted decorations for sale at the Advent Fayre.
All these groups offer a tremendous opportunity for outreach and fellowship and are to be commended.
Finonce and Property
The Fundraising Cornmittee have developed several new initiatives designed to raise money for the church.
These include a suggestion that members add a codicil to their wills leaving money to the church. A letter to
this effect has been sent out to members. Other new fundraising projects which have been implemented
include the Advent Fayre in November, sale of church Christmas cards and Advent Calanders and a joint
Ceilidh with the Scouts. Thèse initiatives and the annual Plant Sale have successfully raised money for the
church.
The Property Committee. in addition to regular maintenance work on the church and manse, oversaw the
installation an Accessible Toilet in the halls. The work w3s completed over the summer on budget and on
time and enhances facilities in the hall.
Demand for Hall and Sanctuary bookings remain hEh with many orchestrds. groups and local people using
our facilities. This 15 a good source of income.
Page 3

Sherbrooke Mosspark Parish Church of Scotland
Trustees, Report
for the year ended 31 December 2024
Local charities 5UPPOrted by the church include the Lodging House Mission. G13sBow City Mission. Preshal
Trust and Christian Aid.
Financlal Review
Total income for the year wa5 £219.572 IPY - £218.7031. This included £9,946 which was generated as
specificfund raising in relalion to the development of an accessible toilet situated within the church hèlls.
Expenditure in the year amounted to £222,105 IPY - £221.7951- This included an increase of £6,155 in
fabric repairs and maintenance (which included the expenditure on the accessible toilet projert of £16,7681
and an increase in staff costs of £3,774 due to having a full complement of staff in the year. Offsettin8
these Increases was a welcome reduction in energy costs down £11,607 to £19.334.
The net out-turn, before any gains on investments. was a small deficit of £2,533 IPY - deficit £3,092).
During the year, the congregation sold some of its investments lat a small gain on the opening valuation of
£582 IPY - gain E70SI to generate cash for general use purposes. The remaining investment holdings
increased in value by £25,191 with the overall out-turn being an increase in funds for the year of £23,240
IPY- £18.0031.
Investment Policy and Performance
The congregation holds short term investments. mainly in Church of Scotland Growth units with the aim of
preservirhg and growing this capital over the medium-term and to generate income annually. The total
direct investment at cost in Church of Scotland units at 31 December 2024 amounts to £220,118 IPY
£227,884] and at a valuation of £292.223 IPY- £276.4531.
Risk Management
All major risks have been reviewed and systems or procedL5res have been established to manage those
risks. The major financial risk to which the charity is exposed as identified by the trustees 15 a general or
sudden lowering of donated income caused by the loss of older members.
The congregation receives significant donations from a number of members along with the associated gift
ald commitments which go a long way to cover the annual expenditure. The Trustees consider the loss of
such income to be a material risk and have introduced a medium-term reserves policy for building up funds
of a further six to twelve months. expenditure in excess of the rese￿e5 required for normal annual
expenditure as part of its medium to long-term strategic plan. The Trustees are also developing a longer-
term strategy to generate and build reserves.
Reserves Policy
The Trustees are aware of their obligation to plan the chariws expenditure and manage its reserves in
order to maintain the long-term financial viability of the church.
The Church has free reserves, (that is those funds not tied up in property and restricted funds) of £333,009
at 31 December 2023 IPY- £299,072). It is the Tru5tees' primary policy to hold unrestricted free reserves of
between nine and twelve months, normal annual expenditure to allow for any sudden unexpected decline
In income. The current rese￿e5 exceed the principal primary reserves policy for the reasons set out above
under'Risk Management..
Page 4

Sherbrooke Mosspark Parish Church of Scotland
Trustees. Report
for the year ended 31 December 2024
The Trustees also have a Consolidated Fabric Fund reserve held by the Church of Scotland General Trustees
of £248,388 an increase of £20.000 over the previous year IPY- £228,388). This reseTve is not included in
the Balance sheet. The increase is after drawing out the income generated in the year from the fund of
£5,611 IPY - £5,0321- The Trustee5 are planning for the medium-term Use of the Consolidated Fabric Fund
in maintaining and enhancing the fabric of the chu￿h.
The Trustees consider the current level of free reserves adequate considering the annual. normal recurring
expenditure levels of around £222,000 along with the balance of reserve5 required to manage the medium-
term risks. They consider the level of reserves held by the General Trustees should be adequate to cover
any non-recurring expenditure of a capital nature to maintain the church and manse fabric.
Strurture, Governance and Management
The congregation 15 a registered charity number SC015155 and is atlministered in accordance with the
terms of the Deed of Constitution Iunitary Forml and is SL&bject to the Acts and Regulations of the General
Assembly of the Church of Scotland.
Members of the Kirk Session are the charity trustees. The Kith Session members are the elders of the
church and are chosen from those members of the church who are considered to have the appropriate gifts
and ski115. The minister, who is a member of the Kirk Session. is elected by the congregation and inducted
by Presbytery.
The Kirk Session is responsible for all affairs within the church under the Unitary Constitution. Certaln
responsibilities are delegated to specific Committees as appropriate including Finance and Fabric.
Page S

Sherbrooke Mosspark Parish Church of Scotland
Trustees. Report
for the year ended 31 December 2024
Reference and Administrative Information
Charity No:
CongreEation No:
SC015155
161063
Trustees
Page 6

Sherbrooke Mosspark Parish Church of Scotland
Trustees. Report
for the year ended 31 December 2024
Principal Office bearers
Minister:
Session Clerk..
Church Treasurer:
Prlnclpal Office
240 Nithsdale Road
Pollokshields
Glasgow
G415AD
Independent Examiner
Bankers
Bank of Scotland
Glasgow Pollokshields Branch
PO Box 1000
BX2 ILB
Page 7

Sherbrooke Mosspark Parish Church of Scotland
Trustees. Report
for the year ended 31 December 2024
Trustees. Responsibilitie5 in Relation to the Financial Statements
The charilv trustees aTe responsible for preparing a trustees, annual report and financial staternents in
accordance with 8pplic3ble law and United Kingdom Accounting Standard5 (United Kingdom Generallv
Accepted Accounting Prncticel.
Although the income of the Trust is below £250.000, the Trustees have decided to prepare financial
statements on a fully accrued basis as they cons¢der theis best represents the financial posltion of the
ch3irit¥.
The law applicable to charities in Scotland requires the tharity trustees to prepare financial statements for
each year which Show a true and fair view of the state of affair5 of the charity and of the iicoming
resources and application of resources, of the charty for that period. In preparing the financial statements,
the trustees are required to-.
select suitable accounting policies and then apply them con5iStently,"
observe the method and principles in the Charities SORP;
make judgements and estimates that are reèsonable and prudent;
state whether applicable accounting standards statements of recommended practi￿ have been
followed, subject to any departures disclosed and explained In the financlal statements,.
prepare the finan¢i31 statements on the golng concern ba515 unless it 15 inappropriate to presume that
the cha¥ity will continue in operational existence.
Thp trustees are responsible for keeping proper accounting records which disclose with reasonable
The trustee5 are responsible for thè maintenance and integrity of the charity and financial information on
Approved by ihe Trustee5 on 15 June 2025 and sigied on their behalf.
Page 8

Sherbrooke Mosspark Parish Church of Scotland
for the year ended 31 December 2024
Independent Examiner's Report to the Trustee5 of
Sherbrooke Mosspark Parish Church of Scotland
I report of on the accounts of the charity for the year ended 31 December 2024 whith are set out on pages
10 to 21.
Respective responsibilities of trustees and examiner
The chariws trustees are responsible for the preparation of the accounts in accordance with the terms of
the Charities and Trustee Investment (Scotlandl Act 2005 and the Ch3Tlties Accounts (Scotlandl Regulations
2006 las amended).
The charity trustees consider that the audit requirement of Regulation 10111 (al to 1¢) of the Accounts
Regulations does not apply. It is my responsibility to examine the accounts a5 required under section 44111
Icl of the Act and to state whether particular matters have come to my attention.
Basi5 of Independent examiner's statement
My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotlandl
Regulations 2006 las amended). An examination includes a review of the accounting records kèpt 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 toncerning any
such matters. The procedures undertaken do not providè 311 the evidènce that would be required in an
audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent emaminer's statement
Ill the course of my examination. no matter has COTne to my attention
which gives me reasonable cause to believe that In any materlal respea the requirements..
to keep accountinB records in accordance with Settion 4411) lal of the 2CK)5 Act and Regulation 4
of the 2006 Accounts RegulatlOn5 las amended). and
to prepare accounts which accord with the accounting records and comply with Regulation 8 of the
2006 Accounts Regulations las amended) have not been met. or
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the
accounts to be reached.
Dated.......
Page 9

Sherbrooke Mosspark Parish Church of Scotland
Balance Sheet as at 31 December 2024
2024
2023
Note
Fixed Assets:
Tangible assets
Investments
Total Fixed Assets
io
li
557,036
292.223
849.259
560,668
276,452
837,120
Current Assets
Debtor5
Cash at bank and in hand
Total Current Assets
12
16.006
33,341
49,347
18,801
22,936
41,737
Liabilities
Creditors falling due within
one year
Net Current Assets
13
7.142
10,633
42,205
31,104
Total Assets less Current Llablllties
891.464
868,224
Creditors falling due after
more than one year
Net Assets
891,464
868,224
The funds of the charity:
Endowmentfunds
Restricted income funds
Unrestricted Income funds
550
550
6.822
860,852
89),914
Total charity fund5
14
891,464
868,224
The accounts were approved by the trustees on 15 June 2025 and signed on their behalf bv:
Page 11

Sherbrooke Mosspark Parish Church of Scotland
Year ended 31 December 2024
Accounting Policies
The principal accounting policies, whith have been applied consistently in the current and preceding year in
dealing with items which arè considered rrhaterial to the accounts. are set out below.
Basis of preparation
The accounts have been prepared under the historical cost ¢onvention, modified to reftect the inclusion of
investments and the manse at market value. and in accordance with applicable accounting standards,
Accounting and Reporting by Charities.. Statement of Recommended Practice to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS 1021 (effective l January 20191. the Financial Reportine Standard applicable in the UK and Republic of
Ireland IFRS1021, the Charities and Trustee Investment (Scotlandl Act 2005 and the Charitie5 Accounts
(Scotlandl Regulations 2006 las amended). The Charity meets the definition of a public benefit entity under
FRS 102.
Fund accounting
Funds are Classified as either restricted funds or unrestricted funds. defined as follows.
Restricted funds are funds subject to specrfic requirements as to their use which may be declared by the
donor or with their authority or created through legal processes, but still within the wider objects of the
charity.
Endowment funds are funds which have been given on the condition that the original capital sum is not
reduced, but the income there from is used for the purpose defined in accordance with the objects of the
charity.
Unrestrirted funds are expendable at the discretion of the trustees in furtherance of the charity's objects. If
parts of the unrestricted funds are earmarked at the discretion of the trustees for a particular purpose, thev
are designated as a Separate fund. The designation has an administrative purpose only and does not legally
restrict the trustees, discretion to apply the fvnd.
Going concern
The Trustees consider that there are no materlal uncertainties htK)Ut the ability of the charity to continue
for the foreseeable future. and therefore has adopted the going concern basis in preparing these financial
statements.
Income recognition
Income is recognised when the charity has entitlement to the funds, any performance conditions attached
to the itemlsl of income have been met, it is probable that the income will be reteived and the amount can
be measured reliably.
Interest on funds held on deposit is included when receiwdble and the amount can be measured reliably by
the charity,. this is normally on notifrcation of interest paid or payable by the bank. Dividends on
investments are recognised once the dividend has been declared and notiflcation has been received of the
dividend due.
On receipt, donated professional seNices and donated facilities a￿ recognised as income on the basis of
the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain
services or facilities of equivalent economic benefit on the open market- a corresponding amount is then
recognised as expenditure in the period of receipt.
In accordance with the Charities SORP IFRS1021 the general volunteer time of congregation members is not
recognised.
Page 12

Sherbrooke Mosspark Parish Church of Scotland
Year ended 31 December 2024
Accounting Policies
Expenditure recognitlon
Liabilities are recognised as expenditure as soon as there is a legal or construrtzve obligation committing the
charity to that expenditure, it is probable that settiement will be required and the amount of the obligation
can be measured reliablv.
All expenditure is accounted for on an accruals basis. All expenses including support costs and governance
costs are allocated or apportioned to the applicable expenditure headings.
The Charity is not registered for VAT and expenditure therefore includes irrecoverable input VAT.
Fixed Assets
The charity has the right to occupy and use for its charitable objects certain tangible fixed assets. including
the Church and halls, vested in the Church of Scotland General Trustees. No consideration is payable for the
Use of these assets. Expenditure incurred on the repair and maintenance of these assets is charged as
resources expended in the Statement of Financial Artivities in the period in which the liability arises.
The manse which is vested in Local Trustees is included at market valve as estimated by the Trustees.
All other fixed assets costing in excess of £l,(JJ) having a value to the charity greater than one year, other
than those acquired for specific purFXJSes. are capitalised.
Depreciation is provided on a straight-line basis to write off the cost or initlal value, less residual value, of
tangible fixed assets over their estimated useful lives.
Fixtures and fittings
Office equipment
5 years
5 years
Investments
Fixed asset investments are stated at market value at the balance sheet date. Unrealised gains and losses
represent the difference between the market value at the beginning and end of the financi31 year or. if
purchased in the year. the difference between cost and market value at the end of the year. Realised gains
and losses represent the difference between the proceeds on disposal and the market value at the start of
the year or cost if purchased in the year.
Taxation
Sherbrooke Mosspark Parish Church of Scotland is recognised as a charity for the purposes of applicable
taxation leglslation and is therefore not subject to tsxation on its charitable activities.
Page 13

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Sherbrooke Mosspark Parish Church of Scotland
Notes forming part of the financial statements
for the year ended 31 December 2024
Staff costs and numbers
2024
2023
Salaries and wages
Social security costs
Pension costs
Total
28,533
24,459
28,533
24,459
The average number of employees during the year was as follows:
2024
2023
Number Number
Administration
Music staff
Premises maintenance
No employee had employee benefits in excess of £60.(iX)12023 nil)
All Church of Scotland congregations contribute to the National Stipend Fund which bears the costs
of all ministers, stipends and employer's contributions for national insurance, pension and housing
and loan fund. Stipends are paid in accordance with the national stipend scale. which is related to
years of service. For the year under review. the minimum stipend was £31,642 and the maximum
stipend lin the fifth and subsequent years) was £38.884.
Trustee Remuneration and Related Party Transactions
During the year one trustee (the minister) received reimbursement of expenses incurred in respect
of Council Tax, travel and other expenses totalling £8,7￿{2023 £9,152). In addition, the Minister's
daughter received £16,123 12023 - £5.4541 for fulfilling the duties of Church Officer and his son
received £46212023- £4611 for providing support for events run on the church premises.
No trustee or person related to a trustee had any personal interest in any contract or
transaction entered into by the charity during the year other than those disclo￿d above.
During the year a total of £56,32812023- £51.970) wa5 donated to the congregation by tnjstees.
Volunteers
In common with 311 congregations of the Church of Scotland the congregation benefits from the
contribution made by volunteers who give their time and talents willingly for the benefit of the
Church. The areas of congregational life which rely on the contribution of volunteers are many and
varied and much of the activity would be unable to continue were it not for the commitment shown.
Page 16

Sherbrooke Mosspark Parish Church of Scotland
Notes forming part of the flnancial statements
for the year ended 31 December 2024
10 Tangible Fixed Assets
Fixtures &
Olll£e
Manse
FfttlnES Equipment
Totsl
Costlvaluation
At l January 2024
Additions
Gain Illossl on revaluation
Disposals
At 31 December 2024
550,(KKJ
9,179
13,908 573.087
550.000
9.179
13,908 573.087
Accumulated Depreciatlon
At l January 2024
Charge for year
Eliminated on Disposals
At 31 December 2024
2,462
1,773
9,957
1,859
12.419
3,632
4,235
11,816
16,051
Net Bookvalue
At 31 December 2024
550.000
4.944
2,092 557,036
At 31 December 2023
550,OtKJ
6.717
3,951 560.668
Page 17

Sherbrooke Mosspark Parish Church of Scotland
Notes forming part of the financial statements
for the year ended 31 December 2024
11 Investments
2024
2023
Market value at l January
Purchased during the year
Sold during the year
Gain Illossl on revaluation
Market value at 31 December
276,452 280,821
19,4211 124,7591
25,192
20,390
292.223 276.452
Investments at cost
220,118 227,884
Net gains/(lossesl on disposal of investments
le proceeds
Market value at l January
Net realised gainslllossesl in year
lo,￿3
25,464
19,4211 124,7591
582
705
The followin@ investments are held..
Church of Scotland Investors Trust Income Fund
Church of Scotland Investors Trust Growth Fund
292.223 276,452
292,223 276,452
12 Debtors
2024
2023
Gift Aid Tax Refund Due
Other
13,554
2.452
16.006
14,886
3,915
18,801
13 Creditors falling due wlthin one year
2024
2023
Trade creditors
Accruals
473
6.669
7.142
504
10,129
10,633
Page 18

Sherbrooke Mosspark Parish Church of Scotland
Notes forming part of the financial statements
for the year ended 31 December 2024
14 Movement in Funds
Ati
GainllL0551
January Incoming Outgoing on Mansel
2024 Resouttes Resources Investments Transfers
At31
De￿mber
2024
Endowment funds
John Glen Bequest
Danial Mccallum Mem Fund
250
300
550
250
300
550
Restrlrted funds
Youth & family Worker Fund
National Giving Day Fund
Accessible toilet
1,886
4,936
11,8861
14,9361
6,822
9,946
9,946
116,768)
116,7681
6,822
Unrestricted funds
Guild Fund
Manse Fund
Equipment Fund
General Fund
1,112
550,000
10.668
299,072
860,852
1,678
{1.8411
1801
869
550,000
7,036
80 333.009
890,914
13,6321
207,948 1199.8641
209,626 1205,337}
25,773
25,773
Total funds
868.224
219,572 1222.1051
25,773
891.464
AnalyslsAorPrevious yeor
Atl
GainllLossl
January
Incoming Outgolng on Mansel
2023 Resources Resour￿5 Investments Transfers
At31
December
2023
Endowment fund5
John Glen Bequest
Danial Mccallum Mem Fund
250
300
550
250
300
550
Restrlrted funds
Youth & family Worker Fund
National Giving Day Ftsnd
1,886
4,936
6,822
1,886
4,936
6,822
Unrestricted funds
Guild Fund
Manse Fund
Equipment Fund
General Fund
629
550.(AJO
7,418
284.802
842,849
1.950
11.467)
I,J12
550,000
8.240
10,668
f8,240) 299,072
860,852
(4,990)
2J6,753 (215.338)
218.703 (221,795)
21,095
21,095
Total funds
850,221
218,703 1221,795)
21,095
868,224
Page 19

Sherbrooke Mosspark Parish Church of Scotland
Notes forming part of the financial statements
for the year ended 31 December 2024
14 Movement in Funds
Pur
ose5 of Endowment Funds
John Glen Bequest.. Income from the Fund which is held in cash is used to provide Sunday School
teaching material.
DL7nlJl Mccollum Mem Fund.. Income from the Fund which is held in cash is used to provide Sunday
School teaching material.
Pur
oses of Restricted Funds
Youth & family Worker Fund.. The Fund is to SUPPOrt the work of youth artivties in the chufth.
Nationol Giving Day Fund.. The Fund is to be applied towards a specific project in the church or to
support other local charities.
During the year, the residual donors to both the above funds agreed the b313nce5 were no longer
required for the restricted purposes for which they were raised and that the funds could be re-
designated towards the development of the accessible toilet
Pur
oses of Desi
nated Funds
Guild Fund.. The Fund reflects the work of the Guild.
Monse Fund.. The fund reflects the net book value of the manse
Equipment Fund.. The fund reflett5 the net book value of equipment
15 Analysis of Net Assets Among Funds
General Designated Restritted Endowment
Fund
Funds
Funds
Funds
Totsl
Fixed Assets
557,036
557,036
292,223
49,347
17.1421
Investments
Current Assets
Current Liabilities
Liabilities over I year
Net assets at 31 December 2024
292.223
47,928
17,1421
869
550
333,009 557,905
550 891,464
Previous year
General Desitnated Restrirted Endowment
Fund
Funds
Fund5
Funds
Total
Fixed Assets
Investments
Current Assets
Current Liabilities
Liabilities over l year
Net assets at 310ecember 2023
560,668
560,668
276,452
41,737
110,6331
276.452
33,253
(10.6331
1,112
6,822
550
299.072
561.780
6.822
550 868,224
Page 20

Sherbrooke Mosspark Parish Church of Scotland
Notes forming part of the financial statements
for the year ended 31 December 2024
16 Collections for Third Parties
2024
2023
Lodging House Mission
The Preshal Trust
Glasgow City Mission
174
174
174
522
173
173
174
520
Page 21

Sherbrooke Mosspark Parish Church of Scotland
Year ended 31 December 2024
Appendix
FUNDS HELD ON BEHALF OF THE CONGREGATION BY
THE CHURCH OF SCOTLAND GENERAL TRUSTEES
2024
2023
CAPITAL ACCOUNT
Credit Balances held at 310ecember at cost
198.462
198,462
Market Value of Balances at 31 December
248,388
228,388
REVENUEACCOUNT
Credit Balances held at 31 December
1,696
TEMPORARY ACCOUNT
Credit Balance at 31 December
Page 22