RUBISLAW PARISH CHURCH OF SCOTLAND, ABERDEEN TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Congregation No: 311867 Charity No: SC016841
Rubislaw Parish Church of Scotland, Aberdeen Trustees, Report Year ended 31 December 2022 The tmstees present their annual rewt and financial statements of the charity for the year ended 31 December 2022. The financial slaternents have tsn prepared in accordan with the accounting poliaes set out n the accounts comply with the General Assembly Regulations for Congregational Finan, the Charrties and Trustee Investment (scand) Act 2005. the Charities Accounts {Scotlandl Regulations 2006 (as amended) and Accountir¥J and Reporb'ng by Charities". Statement of Recommended Practice applicable to charities preparing their accounts in accordarr2 with the Financial Reporting Standard applicable in the UK and Republic of Ireland effeclive from 1 January 2019. Objectlves and Activities The Church of Scodand is Trinttarian in doctrne, Refornied in tradthon arvj Presbylerian in pclty. It exists to glorify and to work for the advanment of Christ's KinlaM throughout the world. As a national Church. it acknowledges a distindive call arKI duty to briNJ the ordinances of religion to the people in every parish of Scotland through a territorial ministry. It c(w)erates ryth other Churches and various ecumenical bodies in Scotland and tYond. Our vision, as a family of faith in Jesus Christ. is to OtinUallY grow. To grow in our love of God and our nghbour. in our worship and our prayer. to grow spiritualty in our faith and numbers, in our fellov•Bhip with other believers and w¢th each other.. to grow in nurturing and helping Feople of all ages arKI backgrounds, in sharing the Good News of Jesus and in reaching out lo the community, the nation and the world. GroMng together, sharing God's love, building fatih, bringing hope. Idvhile some of our members live within walking distance of the ¢Irth, onty 1 OOA come from our parish", the remainder are scattered throughout the cty of Aberdeen and beyond. There is a strong family attachment lo Rubislaw Church and members who move away the geographical proximity of the church often travel aosS town to attend wrShIp. Our parish area. cffi enkn.rely residential, now also has a o?mmercial and business sector, wherp fonner homes are now offices. In addition to our Sanctuary and Church Hall we have a Church Centre. which was built in 1971 and upgraded in 1999 (Raven Room), 2013 (¢ar park), 2014 (toilets). 2015 {krtchen} arKJ 2020 (general upgrade). Rubislaw Church Centre is used seven days a week for congregatK)nal activitTres, and as a focus of much of the life of the cornmunity and aty surrounding it. An attractive lounge and an adjoining consep4atory-like space provide a pU1C coffee r¢X)m on wkdaYS and gp4e exlIent faulities for cotvJregational fe110vhIp on Sunday5. Wrthin its range of rooms. the Church Centre prow'des the oppjrtunty for many indNiduals and groups withoLrt a church connection to come within the 'hosytalty' of the Churth. The Church Centre is also used by other thurches in Aberdeen for nferenCeS aTrJ meetings. alorvJ wtlh the committees of the Presbytery. The Church Centre ts staffed by a paid manager and volunteers. and the ministerfs office is housed wrf(hin it. On Sundays, worship is lebrated in the sanctuary. The congregation usualty has a number of young adults and families present, butthe age-w>file ofthe congregation is in the majonty over 60 and a good number over 80. In Rubislaw ChCh we have a varied pattem OrwohIp. Ow worship refiects the lrturgical freedom given to ministers of the Church of Scotland in matters of worship. We ¢elebrate Holy Communion 4 times a year and vary a traditional pattern of worship with All Age Services. We have a professional Organist and Director of Music At the heart of the musical programme is a mixed choir of approximate 10 singers, the Young People's Music Group arKI the magnfficent Wlllis v'Fe organ which all come togetherto augment and inspire congregational song. Page 1
Rubislaw Parish Church of Scotland, Aberdeen Trustees. Report (cont) Year ended 31 December 2022 ot¥ectives and Activities lcont) Sunday worship is held at 10.30am. There are also occasional worship services held in the nearby Church Centre. There is within the life of Rubislaw Church provtsion for the care aTrJ Chrstian nurture of people from birth lo old age. There is a Crèche, Surmlay Club and S1-6 Group. A branch of the Guild of the Church of ScotlarKI meets fotthNJMly. There are also two hous8groups. Rubislaw Church has a strong commitment to local socral concem and the needs of the wider workj. We support the work of Instant Neighbour and give accommodation to three groups of Alcoholics Anonymous. Each year the congregation participates in Christian Aid Wk and also in fundraisiThJ prqects for charrties at home and overseas. In the wider world we support a Church School project in Jamaica, a medical and gjucational charity in Peru and give bursaries10 5tLKlents training for the ministry in Kenya. Our congregation is twinned TrAith Mount Zion and Barrett Town Churches in Jamaica and LimiE Church in Malawi. Achievements and Performance Membership for the year and outs): Numbers attending worship on Sundays: Youth Statistics.. Guild: Housegroups: Choir- Morning Teaslcoffees.. Numbers using the Centre: 359 {0 in and 18 out) 90 12 (der 18's) 30 12 10 100 per week over 40 group5 thrOutht the year The Presbytery of Aberdeen and ShetlarKI Mission Plan was approved on 24 SeptemtEr 2022 after the Presbytery Plan of 2020 was suspended. TF* aim of the plan is to encourage and support congr8gations to re-imagine and renew their life and worK wothippir¥J and witnessing in new sustainable parish groupings, using WelquIPPed and strategically l¢xated buildings, served and led by ministy teams, both lay and ordained, equipped with the farth, knowledge and skils needed to support mission in their local communrties and the wider wodd, induding, where relevanl In partrship wtth other denominations. UTrJer the 2022 Mission Plan. Rubislaw Churth bvill form a grouF4ng with 6 other Churches in the West Endlcty CentrelRiverside area and the Rubislaw Church building is eamiarked for closure but the Rubislaw Church Centre will remain open. It is proposed that Rubislaw Church will form a Union with 3 other Churches in the grouping on 1 June 2023. Page 2
Rubislaw Parish Church of Scotland. Aberdeen Trustees, Report (cont) Year ended 31 December 2022 Financial Review During Ihe year the Church's incoming resources We £188.878, a decrease of £17,343 or 8.411kn from 2021 {£206,221). The decrease in incoming resour5 E mainly due to a combination of amounts totalling £31,427 {induding tax recovered), donated on National Giving Day in 2021, and £9,457 of furlough grant income daimed in 2021,neither of which vlere received this year, offset by a general increase in offerings {including Gift Aid) of £9.504 and an increase in income from charitable activiknes of £13.864. This year we have been able to draw down a further £31,619 (2021: £30.599) from the funds held by The Church of Scotland General Trustees, to cover Church and Centre repairs and other allowable Church expenses. Resources expended intteased by £25.102 or13.9% to £205.90412021: £180,802), mainly due to an increase in the Ministries and Mission requirement of £8.735. an increase in fabric Gosts of £6,430 and an increase in other building costs of £8,028, the latter being due to the Centre being fully opened in the year after the Coronavirus lockdowns. After a loss on revaluation of investments of £13.550, {2021 . gain of £14,185), the net movement in funds for 2022 was a decrease of £30.576 12021.. increase of £39,604). As result, the Church's total funds have decreased from £801,379 as at 31 Dernber 2021 to £770.803 as at 31 December 2022. Risk Management The principal risk to the charity is declkTring numbers attending worship arKI giving financial supporL Regular Stewardship Campaigns are conducted to ty to manage the risk As detailed above, Ihe Prestytery Mission Plan, approved in 2022 will resu in the CbSU of the Rubislaw Church buildiNJ. This could have an impact on offenngs and membership. Reserves Policy It is the Trustees. policy to hold reserves that will ensure sufficient funds are held to provide ongoing support commitments for at least one year into the fvture, and *tsre possible to enhance the fabric fund and fabri reserve fuTrJ regularty. At the year erKI the Church held unrestrided funds of £662.635 of whi¢h £1.643 had teen designated for Youth development, £505 for discretionary charttable support by our Minister, £2,096 for Guild purposes, £128 for Sunday Club purposes. £59,177 designated for the Fabric Fund £564,585 representing the original introduction into the &counts of the Manse. The remaining £34,501 is in lire wth the level of9eneral reserves maintained in recent years. The Church also held £4.920 of endowrnent funds and £103.248 of restricted funds which have been provided for the purposes specified in Nole 13. Page 3
Rubislaw Parish Church of Scotland, Aberdeen Trustees, Report (cont) Year ended 31 December 2022 Reserves Policy (cont) In accordance with guidan recetved from The Church of Scotland General Trustees. the General Trustee Funds are reported in the Appendix to these financral statements only. These fuTrJs do not belong to the Congregation and are not part of the account5 of the Churth. Such funds may be made available to the Congregation on application lo the General Tntstees. At 31 December 2022, available funds held by the General Trustees amounted to £178,312 12021.. £205,894) at cost, £172,02g 12021: £225,924) at market value. The Church was able to claim £31.619 from tse funds during year towards the fabric and oth expenses of the Churth and Church Centre (2021". £30.599). Investment objectives The Trustees. investment obJ"ectives are to maintain the value of the funds invested to al least match the infiation rate applying, while also giving a reasonable retum on capital. There has b*n a fall in the value of Ihese nvestments in the year. refiecting the investment mart(et in general. The Trustees belEve the objective has been achieved given the long-tem growth in investment values. while at the same time reomng income in excess of that available on cash deposits. Structure. Governanc• and IAanagement The congregation is a registered chaiity, number SC015841. It is administered in accordance with the Unitary Deed of Constrtution, and is subject to the Acts arKI Regulatsons of ttrE General Assembly of the Church of Scotland. Under the temis of the Unrtary ConstrtutK)n, members of the lQrk Session are the charity trustees. The Kirk Session members are Ihe dders of the church arKI are chosen from those members of the church who are considered to have the appropriate grfts and thlls. The minister, vtho is a member of th& Kirk Session, is eleded by the congregation and incAJcted by Presbytery. The Kirk Session whh meets six times a year. is responsible for all spiniual and temporal affars within the churth, and delegates certain responsibilities to the Finance Committee (Team), the FatffiG Commtttee (Team) arKI Centre Management Committee (Team) as appropriate. Page 4
Rubislaw Parlsh Church of Scotland, Aberdeen Trustees, Report (cont) Year ended 31 December 2022 Reference and Administralive Infomiation Charity Name: Rubislaw Parish Church of Sry)tland, Aberdeen Charity Registratson Number. SC015841 Congregation Reference No: 311867 Contact Address.. 1 Beaconsfietd Pta Aberdeen AB15 4AB Trustses The Trustees who have Served during the period from 1 January 2022 to the date of approval of these financial statements are as follo. Members of the Kirk Session 21 11 c 2719122) 122) Page 5
Rubislaw Parish Church of Scotland, Aberdeen Trustees, Report (cont) Year ended 31 December 2022 Principal OffiGe-bear•r4- a$ at the dats of slgning of the accounts Minister-. Joint Session Clerks.. Church Treasurer. Indèpendènt Examlner BankeryJ Virgin Money 1 Queen's Cross Aberdeen AB15 4XU Page 6
Rubislaw Parish Church of Scotland, Aberdeen Trustees, Report (cont) Year ended 31 December 2022 Trustses, Responslbllltlgs In Relatlon to the Flnanclal Statements The charity Trustees a responsible for Ffeparing a Trustees. Annual Report and financial statements in accordan wtlh applicable law and United Kingdom Accountww Standards {United Kingdom Generally ApIed ACCnting Practice). The law applicable to charities in Scotland requires the chartty Trustees to prepare financial statements for each year which show a true and fair view of the state of affairs of the chartty and of the income and expenditure of the charity for that pen'od. In preparing financial statements, the Trustees are required to". select suitable a¢Gounting policies and then apply them consistentty., observe the method and wnciples in the appliCae Chartties SORP.. make judgements and estimates that are reasorAble and prudent" state wh8ther aprAicable accounting staTrlards and statements of recommended practice have been followed, subject to any departures disdosed arKI explained in the financial statements. and prepare the finanaal ststements on the going cOnM basis urless tt is inappropriate to presume that the charity will continue in OFerational existence. The Trustees are respor6ible for keeping adequatè accounling recorts that are sufflent to show and explain the charity's transactions and disclose with reasonable accuracy at any time the finala1 position of the chanty and to enable Ihem to ensure that the financial statements comply with the Charities and Trustee Investment (Scolland) Act 2005 and the Charities Accounts (Scoland) Regulations 2006 (as amended). They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud arKJ other irregularitEs. The Trustees are responsible for the rna1ntenan and integrity of the charity arvj financial information on the congregation's website. Legislation in the United Kingdom goveming the preparation and dissemination of financial slatements may differ from legislation in other jurisdictions_ Approved by the Trustees and signed on their behalf. Joint Session Clgrk Joint Session Clerk Date 06 M¥ch 2023 Date 06 M*ch 2023 Page 7
Rubislaw Parish Church of Scotland, Aberdeen Independent Examiner's Report to the Trustees of Rublslaw Parish Church Year ended 31 December 2022 I report on the accounts of the chartty for the year ended 31 December 2022 whith are set out on pages 9 to 22. Respective rosponsibilities of trustees and examiner The charity's Trustee5 are responsible f the rKeparation of the accounts in accordan with the lem)s of the Charities and Trustee Investment (ScotlaTKI) Act 2005 the Charities Accounts (Scotland) Regulations 2LKJ6 las amended). The charity Twstees ¢onsider that the audit requirement of Regulation 1011) (a) to (c) of the Accounts Regulations does not apply. It is my reswn5ibilrty to examine the accounts as required urKler SeCtn 4411) (c) of the Act and to state whether partIcur matters have come lo my attention. Basis of independent examinofs statement My èxamination is carried out in accordance With Regulation 11 of the Charities Accounts (Scclland) Regulations 2006 (as amended). An examination includes a review of the aCCnting records kept by the ¢harity and a comparison of the accourrts presented those rec(Yds. It also indudes consideration of any unusual items or disclosures in the accounts, and seeks eX¥tionS from the Trustees conceming any sud) matters. The procedures undertaken do not provide all the eviden that would be requred in an autht, and consequently I do not exprèss an audrt opinion on the view given by the accounts. Indopondont examiner's sLitoment In the course of my examination, no matter has come to my attention which gives me reasonatde cause to believe that in any matenal respect the requirenRrrts'. to keep accounting records in accordance with S810n 44{1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations (as amended), aTvJ to prepare accounts which accord wrth the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations (as amended) have not been met, or 2. lo which, in my opinion, attention should be drawn in order to enat4e a woper understanding of the accounts to be reached. Chartered Accountant 186 Park Street Aberdeen AB24 5JL Date l Y March 2023 Paje 8
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Rubislaw Parish Church of Scotland, Aberdeen Balance Sheet At 31 December 2022 Endowment Funds 2022 Funds 2022 Funds 2022 Totsl 2022 Totsl 2021 Flxed usets TallgitAe fixed assets Investrnents Total flx•d ass•ts 589.121 35.294 604A15 589.121 114,329 683A50 569.468 127,879 697.347 74.115 74116 4,920 4.920 Currènt assèts Debtors Cash al bank ar in hand Totsl current ass•ts 10 24.924 36.238 61,162 24,924 89,674 94.590 33,613 80,635 114,248 33,436 34436 Llablllt]és Creditors falling due wthin one year N•t CUff•nt xs•ts 11 (2.942) 58.220 (4.303) 21133 {7.2451 87.363 {10.216) 104.032 N•t assets 661635 104248 4,920 TIO.803 801,379 Thefund$ ofthe charlty Endowmwit furvJs R8slrict8d incom8 funds Unrestricted inccrne funds Total charlty funds 13 13 13 4.920 4.920 103.248 662,635 770,803 5,562 130,242 665,575 801.379 103.248 662,635 662.635 103,248 4,920 The accounts wEre apFKoved by the trusls on March 2023 a1 s thelr thaN ty.. Jolnt S•sslon Cl¢rk Jolnt S10 Clerk Treurer Page 10
Rubislaw Parish Church of Scotland. Aberdeen Notes forming part of the financial statements Year ended 31 December 2022 Accounling Polleles principal accounting policies, which have been apPld consistently in the current and preceding year in dealing with items which are considered material to the accounts. are set out below. Basis of preparalion The financial statements have been wepared in accordance with AccountirKJ and Reporting by Charities.. Statement of Recommended Prxtice applicab to charities preparing their accounts in accordance with the Financial Reporting Standanls applicable in the UK and Republic of Ireland (FRS102) effeclive from 1 January 2019 and the ChantS and Twstee Investment (Scouand) Act 2005 and the chariti.es accounts (Scotland) Regulations 2006 (as amended). Fund accounting Fd5 are claSrd as either endowment funds. restrided funds (* unrestrided furKls. defined as follows. Endowment furKls are funds vthich have been gnien on tFt GorKlrtion that the original capital sum is not reduced. but the incorne ther8 from is used for the pUrse defined in accordance with t objects of the charity. Restricted funds are funds subject to specific requirwnents as to their use, which may be declared by the donor, or wrth their aUtrity. or ¢ated through legal wocesses. but still wrthin the wider objects of the charity. Unrestricted funds are exFEfKJabie at the discretion of the Trustees in furtherance of the objects of the charrty. If parts of Ihe unrestricted funds are eannarked at the discretion of the Trustees for a particular purpose, they are designated as a separate furKI. This designation has an administrative purpose only and does not legally restrict the Trustees. discretion to apply the fund. Recognition of Income Income is recognised vknen the charty has entitlement to the funds, any perfom)ance conditions attathed to the rtem(s) of inGome have been met. it is ryobable that the income will be reIVed and the amount can be measured reliably. Donated seNlces and facilitses Donated professional services and donated facilities are recognised as income when the chanty has control over the item, any conditions associated with the donated item have been met. the receipt of economic benefit from the use by the charty of the item is probable that economic berffit can be measured reliably. In accordance with the CharttEs SORP (FRS102) the general volunteer time of congregation members is not recognised. On receipt. donated professional seNices and donated faciltties are reccgnised on the basis of the value of the gift to the charity, which is the amount tre charity would have been wlling to pay to obtain services or facilities of equwalent economic benefit on the open market: a corresponding arnount is then recognised as expenditure in the period of rlpL Page 11
Rubislaw Parish Church of Scotland, Aberdeen Notes forming part of the financial statements (cont) Year ended 31 December 2022 Government grants Income from govemment and other grants. whelher'cap*al' grants or'revenue, grants. is recognised vAien the Charty has entitlement to the funds. any perfance condithjrts attached to the grants have been met it is pyobable that the income will be received arKI the amount can be measured reliabty and is rvJt deferred. Interest recelvable Interest on funds kEld on deposit is included when receivab the amount can be measured reliably by the charity., this is nomally upon notification of the interest paid or payable by the Bank. Recognltion and allocatlon of oxpendlturn Expenditure is induded in the Statement of Financial Activities on an accruals basis and ts recognised vthen there is a legal or constructive obligation to pay for expenditure. Flxed assets The charty has the rtht to occupy and U for its charitaNe obj.ects certain taryible fixed assets, including the Church and hall. vested in the Church of Scotland General Trustees. No consideration is payable for the use of these assets. Expenditure inGurred on the repair and maintenance of these assets is charged as rgsources expended in the Statement of Financial ActiVrts in the period in which the liability arises. All tarKJible fixed assets costing in excess of £500. and having a value lo the Charity greater than one year, other than those acquired for specffic purposes, are capf(alised. Depreciation is provided on a reduang balance basi5 to write off the cost or inrtial value, less residual value, of tangible fixed assets over their estimated useful lives.. Manse fumishing Fixtures, fittings and offio eqU1prrt 10 years ducIng balance 10 years reducing balance Investmonts Fixed asset investments are stated at market value at the Balan Sheet date. Unrealised gains and losses represent the drfFerence between the market value at the beginning and end of the financial year or, rf purchased in the year, difference betrween cost and market value at the end of the year. Realised gains and losses represent the dtfference between the proceeds on disposal and the market value at the start of the year or cost if purchased in the year. Tantion Rubislaw Parish Church of Scotland, Aberdeen is recognised as a chanty for the purposes of applicable taxation legbslation and is therefore not subject to taxation on its chantable activities. The charity is not registered for VAT and resour$ expended therefore include irrecoverable input VAT. Page 12
Rubislaw Parish Church of Scotland, Aberdeen Notes forming part of the financial statements (cont) Year ended 31 December 2022 Cah and cash equivalents Cash and cash equivalents indLKle cash in harKI. deposits hekl at the bank and with the Investors Trust. Debtors Trade and other debtors are recognised at the setttement amount due after any disCot offered. Prepayments are valued at the amount txepaid net of any discounts due. Credltors Creditors are nomally recognised at their settrnent amount after allowng for any trade discounts due. Page 13
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Rubislaw Parish Church of Scotland. Aberdeen Notes forming part of the financial statements (cont) Year ended 31 December 2022 6. Staff ¢o¥ts and numbers 2022 2021 Salaries and wages Penslon Casts Totsl 34.660 33.516 321 33,837 3S.226 The avera9e numbw of emoYeeS during the ye¥ VAS as fdltyws: 2022 2021 Adrninistralton Music stsff Premises mainlenar No employee had employee ftofits in excess of £SO.000 in 2022 or 2021. AI Crth of Scouand c¢)ngTegaions ccYknLKrte to the National StipeTrJ FurKI tbich bears the costs of all ministeTS' stipends and employefs ¢tributic$ for Tiat1¢y insuraTrz. pensi. houwng and loan furwj. Minister5. sliperKls are paid accordance vAlh Ihe national stipend scale. hthich is related to years of service. For 2022 Ire minimum stipend was £28,7C 12021.. £28.700) and th8 rnaximum stspwxj {in the and subseqUt years) vras £35.269 (2021.. £35.2691. 7. Trustee remuneratK>n and r•l•tod party transactions During the year the fdlowiTrJ Trustees received reirnbursement of expenses: 2022 2021 The Minister for travelling expenses The Minister for the manse courKil tax The Session Clerks ft>T mi5cellaneou5 expen The Treasurer for miscellaneous exFert5es 3.461 50 so No Tnjstee or person related to a TnLste8 had any pw50nal interest in ary cA)rrtrxt (K transaclion entered into by the charty clurin9 the year. During the year a total of £49,31612021: £41.200) was donated to ts o)ngregation ty the Trustees. Page 16
Rubislaw Parish Church of Scotland. Aberdeen Notes fomiing part of the financial statements (cont) Year ended 31 December 2022 8. Tanglble Ilx8d asséts Fixtures, FSttlngs & Offlce Equlpm•nt Manse Furnlshln Total Cost or valuallon At 1 January 2022 Additions Disposas At 31 Dttember 2022 564.585 14.445 18.966 598.016 629 19.616 598.645 Accumulatod d•pr•clatlon At 1 January 2022 Charge IC the year At 31 December 2022 {12,453) (398) (11851) 116.095) 1578} 116.673) 128,5481 19761 129.5241 Net book value At 31 Oeeember 2022 At 31 December 2021 2.942 569,121 1,992 2,891 569,468 Page 17
Rubislaw Parlsh Church of Scotland, Aberdeen Notes forming part of the financial ststements (cont) Year ended 31 December 2022 9. Investments 2022 2021 Opening market value Additions Unrealised gainlllossl on investments Closlna market value 127.879 113,694 113,5501 114.329 14.185 127.879 Investmènts at cost 101,362 101,362 The following investments are hdd.. 2022 2021 larket value Mark•t value At cost At cost chUh of Scotland IDvgstors Tru¥¢~ Gro1 Fund Stipend Endowment 238 Unbts Manse End(Mment 311 Units Benevolent Endowment 164 Unrts Fabric Endowmtt 21 Unts Fabn"c Fund 3,806 UThts General Fund 2,838 Urmts Organ Fund 13.725 Its Totsl 1.010 1.340 707 1.250 15.lJ)O 12.057 69.998 101.362 1.285 1,879 1,010 1,340 707 1,250 15,000 12,057 69,998 101,362 1.437 1,878 991 1,752 21.780 17.142 82.899 127,879 19.473 15.325 74.115 114.329 10. Debto 2022 2021 Gfft Aid tax refund due other 22,504 2,420 24,924 28,834 4,779 33,613 11. Crndltors 2022 2021 Accruals Clher 5,807 1,438 4,681 5,535 10216 12. Voluntèars In common with all Cgre'0ns ol the Chwch of Scouand. the ccryr¥ion befft$ fri>m cortiibution mad8 by vdunleers who gNe their ts.ma 8rKI ta$ wllir¥Jty kn th8 benefrt of the Church. The areas of congregational life whth rety on the contribubon of volunteers are many and varied and much ofthe xbvty wuld be Lnable to continue were il not forthe commitment shown by these volthteers. Page 18
Rubislaw Parish Church of Scotland. Aberdeen Notes forming part of the financial statements (cont) Year ended 31 December 2022 13. IAoY•mont In funds Atl January 2022 Transf•r Galn I Iloss on revaluatlon of investments At31 DeGgm 2022 Incom• Expondltyrn funds Endoyfflbènt Funds Sbp8nd Manse Benevolent Fa1 1.438 26 (261 {341 (181 (321 1110} {152) 1199} 1105} 1186} 1642) 1,28 781 1.503 5.662 18 32 110 67 1,31 4.92 Rostrlttsd Funds Flower Fund Mount on School Funj Pew Bile Fund New Hymn Book Fund Special Projecl Fund Fal¢ Reserve Fwd Community Defibrillator FUTr Organ Fd Centre Fund 516 144 {50} 81 756 1.458 4,616 (3,ClXII 2,37 1,45 48 1.98 19.97 1,392 21.829 2.250 15.079 (1,6601 {16.9351 88,848 14,955 130.242 1,510 28,901 52,5110 16,5701 147,8951 176.1101 18.7841 75.00 1.36 103.24 5,400 18.7841 Unre5tr1Gtsd FUd5 Youth & Edueation Fund Ministers Benevolw Fund 1.923 505 50 Guild FurKi Sunday Club Fund FaLYic Fund Manse Reserve FuThJ General Fund 1,451 117 62.671 564.585 34,323 666.575 {4001 250 2,09 12 59,17 564,58 34,50 662,63 12391 11.6511 12.308) 134.758 136,268 {127.624 1129,7941 (5,1401 (5390) 11,816) 14124) Tolal Funds 801.379 188,878 {205,9041 {13.550) 770.80 The 8rKlowment income d £11012021: £120) was transferred to the GerEral FurKI to Ly)ver akpropriate expenses. Page 19
Rubislaw Parish Church of Scotland, Aberdeen Notes forming part of the financial statements (cont) Year ended 31 December 2022 13. Movement In funds (cont At1 January 2021 Trdnsfer Galn l {kss) on revaluats.on of investmgnts At31 December 2021 Income Expendltsrn funds Endowmgnt Funds Stipend Manse Benevc4ent Fabric 1.278 1,632 671 1,309 4,890 28 37 20 35 120 {281 {371 {201 {351 11201 160 1,438 1,840 781 1,503 5.562 110 194 672 Restricted Funds FILMei Fund Mwnt Zion Scho Fur¥J Pew BilAe FurKI New Hymn Boc Furbd Special Proj&1 Fund Fal*ic Reserve Fund Communlty Defibrdlator Fund Organ Fund Centre Fw 516 516 1,394 1,458 2.362 I3.]0) 7S6 1.458 488 1.392 21.829 2.250 30.720 11.5251 (10.419) 1,528 138 79.288 2,579 88.036 {1381 11.2631 (36.4871 1518321 1.847 48.863 85,842 9.196 88.848 14.955 130,242 9.196 Unrn$trlctsd Funds Youth & Education Fund Ministers Benevolent FuThJ (40) 1.923 505 Guild Fund Sunday Club FurKI FaM"c Fund anse Reserve Furhl General Fund 658 171 59.823 564,585 41.144 668,849 (250) 1.451 117 62.671 564,585 34.323 665,575 {63) 432 2.416 118,775 120.259 (127.8671 (127,9701 370 120 1,901 4317 Totsl Funds 761.77S 206,221 11BO,8021 14185 801,379 Page 20
Rubislaw Parish Church of Scotland, Aberdeen Notes forming part of the financial statements (cont) Year ended 31 December 2022 13. Movem•nt in funds {cont) ent fun Income from the Stipend End(MnEnt is iniEnded to help tsfray the cost of the Annual Stipend which 15 now contained wrthin the Ministries and Mission albcakn. Income from the Manse End0wmt is intended to help defray the cost of maintsining the fabr of the Manse. Income from the 8enevdent Endowment is intended to provide fuThJs to enable the minister lo make discretionary financhql support to deserving parties or ganisations. Income from the Fabric Endcjwmenl is intended to help defray the ts of maintainin9 the Church pruperty. Pu oses of Restrfcted fund¥ Fbwer Fund.. This is a thjnd to provide Ilovms for display during s8r¥tces of Worship. Mount Zn School Fund.. This is a tsnd lo wovide for texhing salaries in a schooi in JaMaa. Pew Bible Fund.. This is a fund to provide bibles in Ihe pews of the church for congregational use during services of worship. New Hymn Book Fund". Thi5 is a fund to provije hymn books of the rnst current tyFe in the pews ofthe Church for congregational LLse during Serv of Wship. Special Project Fund.. This is a fund to provvje funds for spECl outreach projects primarily overseas. Fabric Reserve Fund.. Thisfund represents monies donated by rrEmters ofthe con9regatKJn to enhanGe Il* Church fabric reserves for any brge-scale repair issues in the future. Community Defibrilktor Fund.. This is a fund to enable ow Chwch Centre to acquire and maintsin a ¢ommunity acCessie defibrillator. Organ Fund.. This fund reprgsents rronies donated for costs aslated th the Church organ. Centre Fund". This is a fvnd to enable our Church Centre lo supwrt eongregakn'ona aclr4ity and OLrtteth and service to the local community. Pu sofDos nated funds Unrestrlctod lunds other than the Genefal fund Youth and Educ2tion Fund." The Tru5tee5 have set aside fvnds to SLPFQrt MberS of the congregatlon and especial the youth of Ihe Church in personal devebpment and outreach projects Ministers Benevolenl Fund." The Tru5tee5 have set aside fijnds to enaUe ministerto make discrelionary financial support lo deseNing parties or Ofgani5ats.s. Guild Fund.. This is a frjnd to run the norrrol adivthes of the 1j rnduding education treaCh. Sunday Club Fund". The Trustees have set asKle funds fDr use by the Sunday Club. Fabric Fund: The Trustees have sel aside funds for the nRintenance of the church propety. Manse ReseNe Fund.. fvrKI rewesents the value ofthe Manse woperty. 14 Gollectlons for thlrd partles 2022 2021 Abenken Cyrenians {Christmas Eve cclécb.onl Christian Aid ILittle Boxes) Christian Aid IBig Sing) Beat (Gulld 20221 The ne Trust, Kazunzu Village chrisb.an Aid (Christsmas Eve collecb.onl AberNttes8ities (Christmas Eve CdleCln) Malawi Fruits Project {Guild 2021) The Boys. Brigwje (Guild 2021) 672 431 481 800 800 78 78 500 500 3.184 Page 21
Appendix Funds held on behalf of the congregation by the Church of Scotland General Trustees 2022 2021 Capltal account Credit balances at 31 Decenknr at cost 178,259 192,388 Market ValLte of BalanS at 31 Decerthr 171.976 212,418 Rèvenug account Credit balan$ hdd at 31 December at cost 53 13,5C6 In Xcoroare 1h guidance received frorn the Church of Scouand General Trustees. the General Tnislee Funds 3 reported in this Appendix onty. These funds do notbdongto the coryrega11 aThY we rnil part of the accour ts ofthe Church. Such funds may be made availa@ to the corore98lion application lo the General Trustees. Page 22