Edinburgh Inverleith St Serfs
Church of Scotland
ACCOUNTS
For Year to 31 December 2024
Congregation No- 010045
Charity No- SC015442
SORP accounts
Edinbu
h Inv6d&ith Sl Seffs Chu¥ch ol scot￿n￿
31sl Decemb8r 2024

Edinburgh Inverleith St Serf's Church of Scotland
Accounts for year to 31 December 2024
Index
Trustees, Annua1 R8POrt
Referenoe and Administrauvo Information
Independenl Examiner's Report
statement of Financi81 Activities
Balance Sheet
Accounting Policie5
Notes forming part of the financial statements
Ed¢nburgh Inverteilh St Serf8 Church of Scotland
31s1 De¢gmber 2024

Trustees, Annual Report
Year ended 31 December 2024
Structure, Governance and Management
Govoming Document . The Church is administered In accordance with the ter￿￿ of the Church of Scotland
Unitary Conslilution.
Rgcrullmont arbd Appolntment of Trustees
AJI trustees must be elders or the ordained minister of the
congregation. Elders are appointed by the minister and a nominating committee from the Kirk Session. In
idenllfying candidates account is taken of their qualities and lalenls and should they accept, training is provided
by the minister prior lo their Ordination. The Minister, who is a member of the Kirk Session. is elected by the
Congregation and inducted by Presbytery.
Oryanlsational Structurg . The business slru¢tUTe is managed by the Kirk Session through the followng
committees.. Communicalions, Finance & Stewardship, Mission & Dlscipleshlp, Pastoral Care, Property and
Operations. The Kirk Session, which meets a minimum of four limes a year is, in addition, responslble for the
spiritual affairs wlhin Ihe Church,
Objèctives and Activltlès
The Church of Scotland is Trinilarian in doctiine, Reformed In Iradlllon and
Presbyterian in polity. 11 exists to glorify God and lo work for the advancement of Christ's Kingdom throughout
the world, As a national Church, il acknowledges 8 distinctive call and duty to bring the OTdinances of religion lo
the people in every parish of Scotland through a territorial ministry. It cri-operates with other Churches in various
ecumenical bo¢Jies in Scotland and beyond. Its aim is to model love and ¢ommunily by the way in whSch il work
together as a congregation and by ils interaction with local community and the world at large.
A¢hievemgnts and Porfomiance . Inverleilh Sl Serfs has now. through CTrcumstances beyond our ¢ontrol. been
in vacancy for more than three years. We are indebted lo The Rtsv DoTolhy U Anderson. our lo¢um, for providing
pastoral support and ￿ndu¢ll
lo her, our Interim hftoderaloi,
. fo¢used and outward-looking thanks
holiday periods, and many de
who Provides ministerial cover during
Despite the uncertainties surroundlng the iMplen￿ntaI10n of the Fresbylery Mission Plan, we regularly have
around 80 attending Sunday mTning worship. In addition, we have resumed monthly Wednesday afternoon
worship attended by around 20. Our monthly Early Birds service, held on a Sunday, which is geared towards
young families, has between 20-25 TegLtlaTworshippers and the monthly Pram service, held on a Monday moming.
h8s around 10. Both the Pram and Early Birds services are led ljy members. Over the year the well allended
Toddler Group attracted mote than 80 families, many from Dutside the congregation and the parish. The Book
Club, Nostalgia Café. monthly Coffee House and the Guild all continue lo thrive. The Eco Group pursued various
iniliatives and are seeking Bronze recognition,
The missional Work of the congregation continued throughout the year and included support for Fresh Start,
Christian Aid, Granlon Foodbank and the Thistle Foundalion as well as Poppy Scotland, Mcmillan Cancer Support
and ToSlet Twinning run by Tear Fund (Note 16). This year we had another generous response to the Pillon Circle
of Care loy appeal. A very important conlribullon lo the life of the congregation has been the support thTOUghoul
the year, by telephone and vi511s, from the Pasloral Care Team to si¢k and housebound members and where
appropriate, deliveries of caTds and flowers are made.
Including unifom)ed organlsab'ons, the use of our building5 by over 30 external org8nisali0115 continue5 and
includes public orchestral concerts and theatre performances. The Church Centre in particular, provides
valuable facility for the benefit of the wider commtjnily. induding a number of dance an(J fitness groups, the
Community Council. Residents Associations and as a polling Slalion. The affilialed uniformed organisalions
comprise 3 Rainbow unlls. 3 Brovmie packs, 2 Guide ¢ompani8s and 1 Ranger unit which are all well attended.
Prlncipal Rlsks and Uncertaintl&$ The KSrk Session, as trustees, are responsible for the idenlffication aNI
management of risks and uncertainties that may impact on the fulLFre of the ¢ongregalion. The principal risk for
the congregation is Ihe maintenance of giving of monies towards the upkeep of ils premises and the paymenl of
salaries and dues to central Church of Sco118nd funds. The Finance and Stewardship Committee, a commitletr
of the Kirk Session, reviews levels of giving, carrles out periodic stewardship campaigns and WDrks to support
Var￿￿5 fund-raising activities. The Kiik Session approve8 an annual budget for the ¢ongregation and reviews
actual income and expenditure again$1 the budget al each Kirk Session meeting.
The ongoing uncertainly Tesuling Irom the lack of a resolution wilh regaTd to the Presbytery Mission Plan
throughout 2024 iesulted in considerable frustration for the Kirk S¢ssion and an inability to call a new minister.
Edinburgh Inverfeith St S8rf$ chU￿h of ScolFand
3fsi Decemi￿r 2024

Fin8n¢lal Rèview.. SOFA (Page 6) As a result of a number offactOTS, income for 2024 compared to the previous
year rose by £60,243 to £196,021. In the light ol very significant increases in energy and ministerial costs,
members responded to an 8ppeal lo review their giving which rose by 15% in the year from £72,597 to £83.910.
In addition, there were increases in PToperty and hall let income of £10,880 {24Qhl, in church and fundraising
aetivilies of £3,923 {50%1 and in investment income by £1,671 1280AI. Added to this We￿ some exceptional
income streams. The first was a fvrther refund of gas charges from PTIOT lo 2023 of £3,151, but more significantly
Was income relating to the refurbishment of the large hall in the Church Centre and included grants of £12,919 in
respect of VAT from the Listed Places ofvvorship Grant Scheme and the release of£8,673 from the Consolidate(J
Fabric Fund.
The most significant increases in expenditure related to Ministries and Mission of £5.808 {10%1 and energy ¢0515
of £10.155150%}. There were also significant one-off costs relating lo the hall refurbishment referfed to above of
£91.633 and organ Tepairs of £4.405. This all Tesulled in costs increasing by £109.674 10 £228.119.
The deficit before the unreallsed galn on the investments was £32,098. This arose from the exceptional
expenditure on the Large Hall which, after allowing lor Listed Places of Worship grants and Ihe contribution from
the Consolidated Fabric Fund, resulted in a net cost of £68.917. The trustees were sa115fied that wth the Hall
Refurbishment Fund of £41,000 and the funds being generated in the year, Iheie were adequate resources lo
meet this cost. Ignoring the one-off exceptional income and expenditure Telallng lo the hall refurbishment and gas
refund, there was an underlying surplus of £34,792.
The deficit of £32,098 and an unrealised gain on the value of investments of £7.850 resulted in a reduction ot
£24,248 in the Funds of the church at 31 December 2024 from £925,032 10 £900,784.
891gn¢e Sheet (Page 7) D41fing the year there no was change in the investments held in the Church of Scotland
Income and Growth Investment funds. However, Ilwas necessary lo drawdowt) cash fiom Ihe Church of Scotland
Deposit Fund for the refurbishment project and this reduced ffom £55,104 al the beginning of the year lo £15,104
at 31 December 2024. The value of investments increased by £7.850 from £154,479 the previous year lo
£162,329 al 31 December 2024 (Note 10).
At the year end. four funds were transferred from the Designated Funds lo the Reslricled Funds as these had
been gifted for specifi¢ PUfP05es (see Note 141. Thi5 resulted in the lolal lunds of £900,784 al the year end being
comprised of-, Restricted Funds of £21,159, Designated Funds of £867,501 and General Fund of £12,124.11 is the
Trustees, policy to hold reserves, including designated funds, that are no less than approximalely six months
expenditure. Excluding the Property Fund of £700,000, and the Investment Revaluation Fund of £44.115 at the
year-end the Church held unrestricted funds of £135,510 being approximately twelve months expenditure.
stat8ment of Tru$tges' Responslbllltlè$
Charity law requires the trustees to prepare financial ststements foT each financial year which show a true and
fair view of the stale of affairs of the charity and its finan¢i81 aclivilies for that period. In preparing those financi81
ststemenls, the Iruslees aTe require¢J lo..
select suitable accounting ptsllcies and then apply them consistently.
make judgements and estimates that are reasonable and prudent.,
slate whether applicable accounting standards and slalemenls of recommended practice have been
followed, subject to any departures disclosed and explained in the finan¢ial stalemenls., and
prepare the financi81 slalemenls on the going concerrs basis unle55 11 is inappropriate lo presume that
the charity will continue in operatfjonal existence.
Approved by thè Trustees and signed on their behalf.
Joint Session Cleik
Joint Session Clerk
18 Ma￿h 2025
18 March 2025
Edinburgh Inverleith St Serfs Church of Scotland
31st D8cemb&r 2024

Trustees, Annual Report
Year ended 31 December 2024
The Iruslees present the annual report and accounts for Ihe Edinburgh Invedellh Sl Serfs Church ol Scotland,
for the year ended 31 December 2024.
Refer¢nc• and Administrotlve Informatlon
Charity Name..
Charity Registration Number..
Congregation Reference
Contact Address..
Edinburgh Inverleilh Sl Serfs Church of Scotland
SC015442
No.'010045
Trustees - Kirk Session
Bankers
Royal Bank of Scotland, Wesl End Office (El Branch, 142-144 Princes Street, Edlnburgh EH2 4EQ
Edinburyh Inverleith St Serfs Church ol Scolland
31st Decembèr 2024

Inverleith St Serfs Church of Scotland. Edlnburgh
SC015442
Report of the Indepondent Examlner
I report on the accounts of the charity for the year ended 31st Decamber 2024 which are sel out on pages 6 to
14.
RespeGtlve r¥$ponslblllllos of trustèes and examinèr
The Charity's Iruslees are responsiblè for the preparation of the accounts in accordance with the terms of the
Charities and Trustee Investment {Scollandl Act 2005 and the Charities Accounts Iscotlandl Regulalions 2006
{as amended). The charity Irusle8s consider that the audit requirement of Regulations 10111181 lo Icl of the
2006 Accounts Regulations does nol apply. It is my responsibility lo examine the accounts as requi￿d under
section 44111 Icl of the Act and lo slate whether parti¢ul8r matters have com8 to my attention.
Ba$1$ of ind•pondont frxamlnÈr'¥ statement
My examination is Carried out in accordance with Regulatlon 11 of the 2006 Accounts Regulations. An
examination include5 a review of the accounting re¢ords kept by Iha charity and a coThparison of the accounts
presented with those records. 11 also in¢lud8s consideration of any unusual iltsms or disclosures in the
accounts, and seek explanations from the trustees conceming any such maller. The procedures undertaken do
not provide all the evidence that would be required in an audit, and consequenlly I do not express an audit
opinion on Ihe view given by tre accounts.
Indgpendent oxamlner's ststemont
In the coltrse of my examination, no matlgr has come lo my attention-
which gives me reasonable cause lo believe that. in any material respect, the requirements:
to keep accounting records in accordan￿ with Section 4411) lal of the 2005 Act and Regulation 4
gf the 2006 Accounts Regulalion, and
lo preparo accounts which accord with the accounting record5 and comply with Regulation 8 of the
2006 Accounts Regulations have not been met, or
2. lo which. in my opinion, allenlic>n should be drawn in order to enable a proper underslandlng of the
accounts lo be reached.
Cowan & Parln8rs Limiled
60 ConsliluliDn Street
Leilh
Edinburgh
EH6 6RR
Edinburgh Inverfeiih St Serf's Chur¢h of Scotland
315t DecembBr 2024

Statement of Financial Activities
Year ended 31 December 2024
Nota
General
Fund
2024
Designated Restriclod
Funds
Funds
2024
2024
Total
2024
Total
2023
Income and endowmant
from:
Donations an¢J Lega¢Èo5
Charitable activities
Other trading activities
Inveslrnenls
Other
90,360
6,113
55,233
7,709
25,133
100
5,639
5,000
95.46D
11.752
55,233
7,709
25,867
73,757
7,829
44,353
6,038
3.801
734
Total Sncomq
184,548
6,473
5.000
196,021
135.Th8
Expenditure on:
Fiaising funds
Charitable aclivilies
Other
104
177,794
104
228.015
99
118,346
49,621
Total expandltura
177,898
49,621
600
228119
118,445
Net incomellexpandilurel
b8fore gains
and losses on investments
6,650
143,1481
4,400
132.0981
17,333
Gain on revaluation of
investments
7,850
7,850
8.643
Nel incomellexpendilurel
6,650
35,298
4,400
24,248
25,976
Funds Brought Forward
5,474
917,176
2.382
925,032
899.056
Transfers Bel￿een Funds
14
114.3771
14,377
Total funds carrled forward
14
12,124
21,159
900.784
925.032
Edinburgh Invedeilh St S8rfs Church of Scotland
31st December 2024

Balance Sheet
At 31 December 2024
Unre5tri¢tgd R¥$trlcted
Funds
Funds
2024
2024
Total
2024
Total
2023
Note
Flxed Assets
Tangible Fixed Assets
Investments
700,000
161,088
861,088
700,000
162,329
862,329
700,000
154,479
854.479
10
1,241
1.241
Total Fixèd A$sots
Current Assgt$
Debtors
5,068
22.914
27,982
5,068
42,832
47,900
2,848
76,391
79,239
Bank and ¢8sh
Total Current Assets
19,918
19,918
Croditors
Falling due within one year
Net Current As$•ls
12
19,445}
18.537
19,4451
38.455
18.6861
70,553
19,918
Creditors falling due after
more than one year
Net A$sats
879,625
21.159
900,784
925.032
The funds of the charity:
14
Reslricled Funds
Unre51ricled Designated Funds
Unrestricted General Fund
Total charlty funds
21,159
21,159
867.501
12,124
900,784
2.382
917,176
5.474
925.032
867,501
12,124
879,625
21,159
No Endowment Funds were held by the Church during the years 2023 and 2024.
The accounts were approved by the Kiik Session on 18 March 2025.
FDr and on behalf of the Kirk Session,
Edinburgh Inverlellh Sl Serfs Church of Scotland
31 st December 2024

Edinburgh Inverleith St Serfs Church of Scotland
Accounting Pollcies
The principal accounting policies. which have been applied consislenlly In the current and procedlng year in
dealing wilh items which are considered material lo the accounts, are sel out below.
The Charity adopts the requirements of the Slalement of Recommended Practice.. Accounting and Reporting by
Charities120191.
Basis of praparatlon
The financial slalem8nls have been prepared in accordancg with Accounting and Reporting by Charities..
Slalement of Recommended Practice applicable lo charities preparing their accounts in accordance with the
FSnancial Reporting Standards applicable in the UK and Republic of Ireland IFRS1021 effectivo 1 January 2019
and the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021, the Charitigs and
Trustee Inveslm&nl {Scollandl Act 2005 and tha Charities accDunls (Scollandl Regulations 2006 las amended).
Funds
Funds are classified as either reslrioled funds, gndowmenl funds or unrèstricted funds. defined as follows.
Reslricled funds are funds subject lo Specif￿ requirements as lo their use which may be declared by the
donor or with their authority or created through legal processes, bul slill wilhir7 the wider objects of the
charily.
Endowment funds are funds which have been glven on the condilton that the original capital sum is not
reduced, but the income Is used for the purpose defined in accordance with the objects of the charity.
Unreslricled funds are expendable al the discretion of the trustees in furtherance of the objects of the
charity. If parts of the unreslrictsd funds are earmarked al the dis¢rellon of the trustees for 8 particular
purpose, Ihey are designated as a separate fund. This designation has an 8dmlnlslratEve purpose only
and does not legally roslrict the trustees, discretion to apply the fund.
Incomlng r&sourca$
All donations and gifts are included within incomlng resources under either unrestricted or reslricled funds
according lo the terms under which th& donation Is made and when th? amount can be quantified with reasonable
Certainly. Donalions and gifts in kind are brought into the accA)unts at their market value lo the charity.
Resources expended
Expenditure is recognised on an ac¢ruals basis as the liability is Incurred.
Tangible fixed assets
The charily has the right lo occupy and use for ils charitable objects certain tangib18 fixed assets, including the
Church, halls and Tnanse, vested in the trustees for the congregalion. No Consideration is payable for the use of
these assets. ExpendSlure incurred on the repair and mainlanance of these assets is charged as resources
expended in the ststemenl of financial activities in the period In which the liability arises. The church manse al
East Lillypol and the Ifal al Royslon Terrace are held al mark81 value in the balance sheet.
Invg$tmonts
Fixed asset investments are slated at market value al the balance sheet dats. Unrealised gains 2nd losses
repre58nt thè difference between the market value at the beginning and end ol the financial year or, if purchased
in th8 year, the difference be￿een Cost and market value al the end of the y8ar, Realised gains and losses
represent the difference between Ihe prO￿ed5 on disposal and the market valuo al the start of the year or cost if
purchased in Ihe year.
Taxatlon
Edinburgh Inverlellh Sl Serfs Church of Scotland is racognised as a ¢harily for the purposes of applicable taxation
legislation and is therefore not subject lo laxalion on ils charitabl¥ aclivilies. The charity 1$ not registered for VAT
and resources expended IheTefore include irrecoverable input VAT.
Rgsgrves
It is the Trustees, policy lo hold reserves. including designated funds, that arts no less than approximat6ly slx
months expenditure. Excluding the Property Fund of £700,000, and the Investment Revaluation Fund of £44,115
al the year-end the Church held unreslricled fijnds of £135,510 being approximately Iwolve months expenditure.
Edinburgh Inverlgith St Serf5 Church of Scotland
31st December 2024

Notes forming part of the Ilnanclal ￿atftments for the year ended 31 December 2024
Ggngral
Fund
2024
0g$lgnated Restricted
Funds
Funds
2024
2024
Total
2024
2023
1 Donations and Legacl&s
Offerings
Tax recovered on Gift Aid
Legacies
Value of donated gifts
Other donations
66.939
16.971
66.939
16.971
5.000
61,D99
11.498
5.000
6,450
90,360
100
100
6,550
5.000 95,460
1,160
73,757
2 Income from charltable a¢tlvltlos
Weddings and Funerals
Coffee Mornin9S
Church Groups
FundraSsing
1.364
2.167
1,364
2.167
5.639
2.582
11.752
1.100
1.253
4.470
1.006
7,829
5,639
2.582
6.113
5.639
Church Groups refers to The Guild, Toddler5 Group and the Flower Guild (see Note 14).
3 Income from (Ahor tradlng actlvltlg$
Rent received
55.233
55,233
44.353
4 Investmont Income
Dimdends received
Deposit interest
6.011
1,698
7,709
6,011
1,698
7,709
1,623
4.415
6,038
S Other incomo
Refund of Gas Overcharge
Listed Places of Worship Grant Scheme
Receipts from General Trustees
3.151
13,309
8,673
25.133
3.151
14,043
8,673
25,867
3,801
734
734
3,801
Grand Total
184,548
6,473
5.000
196,021
135.778
Edinburgh lnverlelth Sl Serfs Church of Scotland
31st December 2024

Notes forming part ofthe financial statemenls for the year ended 31 December 2024
General
Fund
2024
Designated Restricted
Funds
Funds
2024
2024
Total 2024
2023
6 Analysis of Expenditure
Raising Funds
Offering Envelopes
104
104
104
104
99
99
Charltable Actlvltles
Minislries and Mission Allocation
Presbytgry Dues
Minislerfs Expenses
Pulpit Supply
Other salary Costs
Fabric Repairs & Maintenan
H811 Refurbishment Project
Other Buildings Cos15
Church Office Expenses
Organ & MLJSIC
Other Exptsnsès
63.444
1,099
63.444
1,099
57,636
960
240
4.400
19,011
50,633
30.721
3,697
2,329
2,220
177,794
240
4,400
19.011
91,633
30,721
3,697
6,934
8,836
228.015
240
4,300
23,337
41,000
20,566
3,766
1,912
5,629
118.346
4.405
4,216
49,621
200
400
600
Total
177,898
49,621
600
228,119
118,445
The Iruslees consider there is only one charitable activity arml support costs relate wholly lo that actiwty.
The large hall in the Church Centre underwent extensive refurbishmenl at a total cost of £91.633 of whi
£12,919 ofVAT was recovered from Ihe Listed Places ofworship Grant Scheme leaving £78,714. Funds of
£36,000 were IransfeTred from the Hall Refurbishinenl Fund and £5,000 from the Toddler Fund leaving
£37,714. The balance r)n the Consolidated Fabric Fund of £8,673 (Note 5 and Appendix) was released lo
assist with funding the proiecl.
2024
2023
7 Staff cost$ and numbers
Salaries and wages
Social security costs
Total
4.400
4.300
4.400
4.400
The avorago numb8r of employees during the year. calculated on the basis ol a head count. was as follows..
2024
2023
Ministerial support
Music staff
All Church of Scotland conuregalions contribute lo the National Stipend Fund which bears the costs of all
minSslers' stipends and employer's contributions lor national insvmnce. pension and housing and loan fund.
Ministers, stipends are paid in accordance wilh the natsonal stip6nd seale, which is r6181ed lo years of service.
For the year under review the minimum stipend was £30,135 and the maximum stipend in the 5tt) and
subsequent years was £37.032.
8 Tru$tg0 Remunorotlon and Related Party Transactions
No payment was made in rospecl of work done or services provided by 8 trijslee {2023 £0)-
Rglmbursement of expenses, includlng disturban¢• allowance, incurred by a trustee
There was no reSmbursoment of expenses incurred by Iruslees in the year.
During the year a lolal of £18,02512023 £16,5791 was donated to the congregation by Iruslees.
Edlnburgh Inverfellh St Serfs Church ol Scotland
10-
3tsl December 2024

Notes formlng part of the flnanclal statements for the year ended 31 December 2024
9 Tanglble Flxed Assets
2024
Buildings
2023
Market Value
At l January 2024
Additions
Disposals
Unrealised gain I Ilossl on fixed assets
At 31 Oecember 2024
700,000
700,QDO
700,000
700 000
Accumulat&d Depreciation
At 1 January 2024
Charge for year
Eliminated on Disposals
Al 31 December 2024
Net Book Valuo
Al 31 Dec8mb8r 2023
Al 31 Decomber 2024
700,000
700,000
700,000
700,000
Nole.- The properties al 24 East Lilypol and 7 Royslon Terface w8re revalued in June 2012 by David Adamson
& Partners Lld, Ch8rlered Surveyors.
10 Invostments
2024
2023
Market value at 31 December 2023
Investments purchased in the year
Investments sold in the year
Unrealised gain on investments
Market value at 31 December 2024
154,479
116,838
20,998
7,850
162,329
8,643
154,479
Investments al cost
118,214
118,214
The following investments are held'.12,982 Unlls in th& Church of Scolland Investment Trust Growth Fund..
7,098 Unils in the Church of Scotland Investment Tiust Income Fund and £1,000 in Cafedirecl pl
11 Debtors
2024
2023
Glft Aid Tax Refund Due
5,068
2,848
12 Crèditors
2024
2023
Due to Charitie5
Accruals
502
8,943
9.445
880
7,806
8.686
13 Analysis of Net Assets Among Funds
General
Deslgnatad
Rastrlctod
2024
2023
Fixed Assets
Investments
Current Ass815
Current Liabilities
Nel assets al 31 Dec 2Q24
700,000
161,088
6,413
700.000
162,329
47,900
9.4451
900,784
700,OOQ
154,479
79,239
{8.686
925,032
1.241
19.918
21,569
19,4451
12,124
867,501
21,159
Edinburgh Inverloith Sl Serfs Church ol ScotlanLI
31st December 2024

Notes formlng part of the Ilnan¢lal statements for the year ended 31 De¢ember 2024
14 Movem•nts In Funds
Atl
GalnllL0551
January Incoming Outgoing
on
2024
Resour¢g$ Resource$ Revaluation Transfgrs
At 31 Dec
2024
Endowmpnt funds
Restrlcted funds
The Brown Bequest
The Henderson Bequest
The Malhieson Bequest
The Neil Bequest
The E Kinnear Bequest
The Stewart Bequegt
The Sutherland Bequest
Art Fund
E Menliplay Bequest Fund
K Stewart Fli)wer Fund
K Stewart Organ Fund
200
200
425
400
1200)
1200
425
200
5.OOD
507
650
1.629
8,419
1,000
3,329
1200)
5,000
507
650
1.629
8.419
1,000
3,329
600
UnrestrSctsd funds
Desi
naled
Fabric Fund
Art Fund
E Menliplay BeqL¢e$t Fund
Organ Mainlen8nc& Fund
Flower Guild Fund
Guild Fund
Investment Revalualion Fund
Large Hall Upgrade Fund
Pastoral Fund
Property Fund - Manse
Property Fund - Royston Flat
Special Resetve Fund
Toddlers Group Fund
40.000
1,629
8.419
7.000
1,147
1,114
36,265
35,000
200
500,000
200,000
80,000
6,402
40,000
{1,8291
{8,419)
(3,329)
11,000}
734
1,011
1,375
14,4051
11,0621
11,1681
96
1,321
44,115
7,850
1,000
100
141,0001
12001
5.000
100
500,000
200.000
80,000
1,869
2,253
{1,786}
{50001
Designated 917 176
49,V21
867.501
Undesi
naled
General Fund
5.474
184 548
184,548
177,898
177898
12,124
Undesignaled
Unrestrictgd funds
922,650
191,021
227.519
7,850
14.377
879,625
925,032
196,021
228.119
900,784
Pnovemgnts In Funds held by Church of Scotland General Trusteos.
At1
GainllLos$l
January Incomlng Outgolnu
on
2024
Resources Ro$our¢es Revaluation Transfers
At31
De¢
2024
Consolidated Fabric Fund- Revenue
Consolidal¢d Fabric Fund- Capilal
2,714
5,959
172
2,735
5,959
151
172
151
As these funds are held and controlled by the General Trustees of the Church of Scotland and not the charity,
these do nol form psrt of these accounts and do not appear the Balance Sheet on page 7.
During the year, the Edinburgh and Wesl Lolhian Presbyiery appToved the release of the funds held in the
Con591idaled Fabric Fund lo assist with the costs of the Large Hall Refurbishment an¢J these have been treated
as income in the year. (See Note 5)
Edinburgh Inverleith Sl Serfs Chufch of Scotland
12-
31st December 2024

Notes forming part of the financial statements for the year ended 31 December 2024
14 Movement in Funds- Continu•d
Pur
ose5 of Endowment Funds
Th&re are no Endowment Funds
oses of Res
ricled Funds
The Brown Bequest
The Henderson Bequest
The Stewart Bequest
The Mathieson Bequest
The Neil Bequest
The Sutherland Bequest
The E Kinnear Bequest
Art Fund
E Menliplay Bequest Fund
Cholr and Musl¢
- Sanctuary Flowers
- Sanctuary Flows
Junior Church & Flowers
Junior Church
Work of Mir)islries and Misslon
For the enFichmenl of the fabric of the chur¢h
For the provision of art works within the Church Estate
For general Ltse in the sanctuary and administered by the Klrk
Session
- Sanctuary Flowers
for asslsllng with the maintenance of Ihe orga
K Stewart Flower Fund
K Stewart Organ Fund
During the year the following funds were close¢J=
The Brown Be4ue51- £200 with a contributK)n towards the cost of hymn books for the choir
The Henderson Beque$t- £200 with a ¢onlribution towards the cosl of sanctuary flowers
The Art Fund. E Menliplay, Organ Fund (renamed Tl)e K Stewart Organ Fund) and £1.000 in the Flower
Fund Iname¢J the K Stewart Flower Fund) were transferred from Delegated lo Reslricled Funds in view of
these having Originally arisen from gifts 01 bequests for Specific purposes.
Pur
es of Des
nated Funds
Fabric Fund
Flower Guild Fund
Guild Fund
Ir)veslment Revalualion Fund
Large Hall Upgrade Fund
Pastoral Fund
Property Funds
Special Reserve Fund
Toddlers Grcwp Fund
- for significant maintenance of the church property
for the work of the Flower Guild
for the activities of Ihe Guild
for ihe accumulated unrealised gainlloss in the value of investments
- for the upgrade of the large hall
- for the work of Pastoral Care
- for the maintenance of properties olherthan church
- for major projects or exceptional expenditure
- for the woik ofthe weekly Toddlers Group
During Ihe year th& Large Hall Upgrade Fund was closed followng the completion ol the upgrade work.
15 Voluntee¥s
In common Mnth all congregations of the Church of Scotland the congregation benefits frown the contribution
made by volunteers who give their time and talènts willingly for the benefit of the Church. The areas of
congregational life which Tely on the contribulion of volunteers are many and varied and much of the acb'vily
would be unable lo continue were il not for the commitment shown.
2024
2023
16 Colloctlons for Thlrd Partieg
Poppy Scotland
Embrace the Middle East
Disasters Emergency Committee Turkey Syria Earthquake
Granton Food Bank
The Thistle Foundation
Macmillan Caneer Support Coffee Morning
Christian Aid
TearFund- Toilet Twinning
UNICEF IR8ised by Toddlers Group)
600
600
1,186
800
1.715
3.900
1,856
475
1,301
900
100
9.132
460
1,015
100
5.676
These refle¢l funds Taised for other Charities through retlral collections, fund raising anrl ehurch aclivilies. In
addition lo the financial SUPPDrt given lo Granlon Food Bank. contributions of provisions were also made.
Edinburgh Inverfeilh S¢ Serfs Church ol Scotland
13-
31st December 2024

Notes foming part oflhe Ilnanclal statements for the year ended 31 December 2024
Statement of Flnanclal AGtlvlties CompaTative5
for 2023
17
G•nèral
Funds
2023
Dèslgnatad Rastrictad
Funds
Fund5
2023
2023
Total
Income and endowment from:
Donations and Legacies
Charitable acb'vilies
Other trading activities
Inveslments
Other
Tot81 Income
Expenditurè on:
Raising lunds
Charitable activities
Other
Total oxpandlture
73.757
3,359
44,353
6,038
3,801
131,308
73,757
7.829
44.353
6,038
3,801
135.778
4.470
4.470
99
110,543
99
118,346
7,530
273
110.642
7.530
273 118.445
Net incomellexpendlture) befofe gains and
losses on Invostmonts
20,666
(3.060)
1273)
17.333
GainJLoss on revaluation of investments
Net Incomellexpenditurel
8.643
20.666
5,583
273
Transfer lo Church of Scotland General Trustees
Fabric Fund
Net movem•nt in funds
20,666
5,583
273
25.976
Total funds brought forward
3.351
893,050
2,655
899,056
Transfer bglwggn Funds
18.543
1B.453
Total funds carrled forward
5,474
917,176
2,382
925,032
Edinburgh Invedeith St Serfs Church of Swtlond
14-
31st Decamber 2024