Holv Trlnitv & St Barnabas Scottish EDlscoDal Church Palslev Report and Flnanclal Statements For the year ended 30 September 2024
TRUSTEES REPORT The Trustees present thelr report wlth the thaftclal statements of the charltyfor the year ended 30 Septembèi 2024. The TrustÈs have adoptÈd th prthrfsjons of Atcountln8 and Reporting by Charftles: Statement of Recommended Practicè. This k applcable to charitie5 preparlnB thelr accounts In accord¢ vAth the Fb)andal R•ponln8 Standard in the UK and Rtpvbllc of Ireland IIFRS 1021. AEFERENCE AND ADMINISTRATIVE DEfAIiS Registered Charity Number: SC015691 Prlnclpal Address: St James Pla¢e. Moss StreeL Palsley PA3 2AF Trustees.. IndependentExaminer: STRUCTURE. GOVERNANCE AND MANAGEMENr Governing Document The Charity is controlled by its govÈming dotument, a deed of trust. and constitvtes #n unincorporatèu charitv. Charitable Purpose Our purpose a5 recorded In our constltullon Is the alfvancement of the Chrlstlan tdtth within the understandin& tradttion. and governance of the Scottish Episcopal Church and to WDrk forthe good ofthe local commmity. Risk Management Major risks the tharity 15 exposed to. and strategies for mitigating them are 5ummari5ed as: l. Governonte & Manogemertt: Vestry rnembers wrth a mixed sklll set rnp¢tin8 rg8ularly. Good re¢ord keepin6. timlts on temis of elecied trustees & effective 5uoe55iLm plannln& 2. Oper(rtional.- Delegation of responsibililies & trainin 3. Financial.. Finances rewewed and actions appffjved at each Vestry meetin8. [kn80Y5 attention to fabrlc of properties. 4. Complionce (low & regulotion).. Compliance with Pr(r¥I11 guidelines In critltal areas. 5. Reputotionol.. Volunteer trainbn& PVG theck$ 7hthÈfe required. Docthnentin8 re¢ords of bockground check5 as qUIred. AcfivrnES It is exciting to note that our congregatlon has grown overthe last year and we wli I be working hard to rnake sure that this trend continue5. Attendance at both our Sundav and rnid.weekservices is SlitlY up on last year.
Spirit Spark. the group made up of the members of ourcrnrnation, continue to hdd re8ul•r meetin85 ofKI tske an interest in the broader TW(ffk of the Church 65 well providin8 a space for wyJn8 pewe frorn wlthln and outwith the conBre8atioft to connect. They have been especially creative thls year In thr fLmd-fd1g efforts IndUd1 maklng and sellin8 Christmas Wreaths tfr45 allow•d th•m to mak• a genern donailon to lo£al foodbank We have hosted Dlocesan and Re8knal Swd$ and play a ful part In the Renfrewshl Region of the SEC. The Hoty Trinity & St Bl•baS ECO Grtyjp to worktoaddress enrOnMental and conye8ations to form their own Grwps. We hale been very fowtynate to secure grants to repalr rDof above the chan1 & organ loft and work bepn in earty September 2024. kn additlon to preser¥in8 the labrlc of our buSldln& we hope thls wlll brfng d)wn both ourenergy usy and our blll& (r Halts cothinue to be used Iy • varldyof youps. Iding cr¥ftw5. dKrfrs aThl exercise 8roups. PrtiNtsion forthose tominB for kn meab and supplies is kept thanks to the volunteers of 'Our Lady of t Waisde.. This a150 brin85 OPPOrttsrwtles for ecumenkal workin& by wlunteerin8tother and all0vthe thance to eAtend lool kno¥yqedce. A5 a Congregation we remain very keen to remain ttned to the c(xnM1I1tS of whith we we are a pan, locally and gl(thlly. As wrth all of efft>rts this year, therE is considerable scope for further development aThJ this very much remains a work in prove551 FINANCIAL REVIEW All trustee5, With the excwn of the Reaor, contrlbu on a )lUntary basls and are unpaid. Flnandal Posltlon: In the y to Ihe of5eptemkn 2024the Clwth's ir exceeded Its expenditure: Conatl is and we are cart%>lY optlmirt for the fuiure. Our Hall dofiaioTrs contlMÈtoprOth a verystrow incom• str•am and our rgakable reseryes stand at around E55.(KX). Approved by order of the board of trugtee< 0• 13 Jarsua 2025 ènd
Holy Trinity & St Bambas Scottish Epixopal Church Paisley Independent Examiner's Report to the Vestry of Hol Trinlty and St Barnabag Church I report on thLi accounts of the Ihirity for the yeaf ended 30 September 2024 vthich are set out on page$ 5 to 10. R•sp•rtlv• responslbllltles of Vestry and Examlner The member5 of the Vestry are responsible for the PreParatn of the financial statement5 in accordance with the terms of the Charitie5 and Trustee Investment (Scotlandl Act 20J51"The Act") and the Charitles Accounts15cotlandl Regulati(5 21))6 las amended) I'the ReRulations"). The Charity trustees consider that the audit requirement of Re8u12tions 1011113} to Icl do not apply. It is my responsibility to examine the accounts a5 required under sectlon 4411) Irl of the Act and t0 State whether partlcular rnatters have come to my attentlon. Basls of IrKlependent Examlnees Stslement My examination is cirried out in accordance wlth Regulation 11 of the Regulatlons. An examinatlon Include5 a revlew of the attIn6 records kept by ihe charlLY and a compailson of rhe accoums presented bvith those records. It also includes conslderation of any unusual emS or dlclosures In the accounts and Seeks explanations from the trustees concernin8 StKh matter& The procedures undertaken do not provide all the thridence that would be required In an audft and consequently I do not expre55 an audit opinion on the Yiew given by the accounts. Independent Examlnerfs Ststement In the course of my examination. rK) matter has ojrne to rny attention which gives me reasonable cause to believe that in any material respectthe rÈquirements".- to keep actounting records in ¥rordanc vrth settion 44111 of the Act and eIatiON 4 of the Re8ulatiorts. and to prepare accounts whith a¢¢ord byith the accountin8 records and tornpty v4ith Resuhtp?n 8 of the Re8ulation5 haye not been meL or 2. to whlch. In my opinion, attention should be itrawn in order lo enable a proper 25 February 2025
Holy Trlnlty & St Barnbas Scottish Eplscopal Church Paislev ststement of Flnancial Actlvttkn and Income and Expendliure Accourt Forthe year ended 30 September2024 Tat•l 2024 Tot•1 67.326 IL373 143366 211.292 IlJ73 1,965 Grnrt¥ VtW Eyndllurn 82.740 20LWJ 95A06 82.740 119.063 20L3 95.406 N•t l•xp•rkn) 12.1351 24, 21768 118,6041 Otherrnco¢nl¥•d Ilosl NetylnsI11(5e$) on Inbp5UTW L467 IA67 24,9 24235 I,(4j4) 457397 457.397 476JXII •ii,ayi
Holy Trlnlty & 5t Barnbas Scottish Eplscopal Church Paisley Balante Sheet As ot 30 September 2024 2014 2023 Hx•d asmts Heritable proprty InStMentS at cost li 12 377.635 48.679 377.635 62.212 426.314 439,847 Currqnt •ss•ts Debtors Cash at bank and In hand IL2,914 62,906 14 14.650 175.820 18,250 Uibiltbty Credkors: amount5 falllry due wlthln one year 120.X12 70) Nt vjrnint aM•ts 55,318 17,550 T•tliM•ts l•u Il•bllltl•% 481,632 457,397 F4Jnd5 Restricted fund5 Unre5trlcted funds 16,17 17 24.903 456,729 457,397 Total fvnds 4BI,632 4S7,397 The5E finarKlal wtements were apprv¥Yd h the member50fthe Vestry gn 13 Janyary 2025. Sn•d on beh41fol the membets trflhe Vestry The notes on p¥es7 to Iofcthi part oFtt*se finarhial swements.
Holy Trinity & st Barnbas Scottlsh Episcopal Church Paisley Plotes to the Flnan¢lal Statements Icontlnuedlfor the yeor ended 30September2024 Donatlons •nd Leiad 202J Unfestrf¢t•d fvnd5 "5 27.062 14,620 PSedged Glvln8s Income lax arIsi on freewlll olferiand Blft abj DiffesaThsvpp(Yt Grant from dlocese Gift Dayi nthw.IRG9F14& Fundralssn8 Har¥est lun¢h Special Ser¥ice donations Mlscellaneous donOn$ Good Shepherd contrlbLrtion BerJtsl.Income Le8acies Total Donatlons etc- unrestri fvnd5 28,829 1.865 1.3SO 3,968 1.270 1,807 1,907 2.247 11.808 1.408 12.597 3,(K13 67.326 63,234 R•strict•& FuTh45 Grants- NLMF, SEQ Benefart Trust. Garfiekl Weston. LPW 143,966 Totsil donlgni Ifbts and l•¢•d•s 211,292 63.234 In¢omfrom dlable actl¥ltl Unrestrkted funds Donatsons lor hall Ltse etc 11.373 I1.3 Expendlture on tharttalJl•artk¥lU Total 2023 Wagès. salaries stipends ,? 4.626 357 DIesan quota Printiry8 and stst4¢Mery Photocopler and computerexpen5es Fabric repalrs and maintenarKe- church and than1 Fabric repairs and maintenance- rectory Council tax andwater rats Insurance Heat and li8ht Telephone Altsr Supplies Cleanin8 suppliesand laundry Choir and organ rnaintenance Church supplies and servxes Sundayschool General expenses Donations (see Ie 61 Youth week Independent Examinerfs fee EXPendJtu- Total fvnd5 4.626 357 3,912 119,063 2.710 L499 22.642 4.L%7 327 2.646 10.159 710 14* 17.441 17,441 n7 321 3.398 717 321 3.398 L304 329 2.211 864 235 355 765 L3YJ 235 355 765 1,350 620 1,140 1,480 95A06 82.740 I19,¢3 201.803 Tofal ¢harltable eMp•NIItt¢• 82.740 119.063 201,803 95,406 Of which reatrkted ltsnds 99.368 67,393
Holy Trinity & St Barnbas Scottlsh Eplscopal Church Paisley Notes to the Finandal Ststanents Icontlnued)for the year ended30September2024 SpÈdllt 5ncoffle thl¥JNd 2023 During tht yearthere were spec14 collertims as fdkms.. Blshop's Lent Appeal- Frlendsol the Hc* LI1 IMU Away From ItAll Proleal DECappeals- P•klstan, Turkey I Syrla other- SCT / Christian PAd l Homestart ic 350 170 620 465 765 Tht5e funds are rèlltcted Irts accwnts and have teen remedI0thethoIit1e$ Coerned. Trartslers he1• fvnd5 Notransters were made to orfrom reslrtted funds the year. Netialns l {Irffj5•51 on In¥•5tm•#is 2024 23 Re•lised 1.467 Tax•tlon The church has been ècceM¢d as a le81sted charity by HM R¢venut and Custo. no liabblty to taxati arise5 as all of the income and 8ains f¥ll withlnthe the exempt5 from taxati t4)ntalned in Sectn5 466to493 ofthe CorporatlonTaxAct 2010. 10. Employ•e4 The Rect. figure in Note S. who ts aTrustee, receives a stipeNI. the am(nt ofwhlch is ¥Kluded in the staff costs The member5 ofthe ¥Ystry di4 rtrt rtcei¥e anyexPerts Int yearl2023-E Nill. 11. Horftabl•Propwtyl
Holy Trlnlty & St Barnbas Scottlsh Eplscopal Church Paislev Note5 to the Fln4n¢lal Statsments {ContInu}for the yeor ended 305eptember2024 11. Herltable Propertv s at l Octobei 2023 al 30 September 2024 377.635 A5 ét l October 2023 and 305eptember 2024 Net Book V4lu• As ai 3Q S:ptember2024 377,635 As at 30 September2023 377,635 The Pfoperty represents the com of the thuwth hall. as In 2011. SEC Unll TFu5t Pool 2024 2023 Cost as at l October 202312441 units) Additions in lear at cost Diswsals In yearat COSl1531 unitsi Cost as at 30 5epternber202311910 units) 62.212 62,212 113.5331 48.679 62,212 The church acquired an SEC Unit Trust holding In two trarKhes at a cost of f60.598 after the Sale of the fomier ttory. A part disp1 was made in 202(k21 and rtirNested in 2021-22. The market value at 30 5epternber 2024 was £58.265. No revaluation gain or Ioss i55hown in the accourrt535 airy m•emeirt wll be refflected when the a55ets afe sold. It 15 planned io sell £20,CW of unltsasthe conKregation's cfyrtribution to church pai Distributions are made in Ftbruaryand A$t ea¢h year and are pefletted in the Statemenl of FinaiKial Aciivhles. Debtors 2024 2023 Loan arcount NLHF and other grants due Tax and VAT ¢0¥erable 14cl 93.505 19,409 112.914 All afflounts are due within one year. l*L Cash rt bank and In hand 2024 2023 eankcurrent account 62,S 14.650
Holy Trinity & St Barnbas Scottlsh Episcopal Church Paisley Notes to the Flnanclal Statements Icontlnued)for the yeor ended 30September2024 15. Credltors: 4fflountshlllN du•¥Athln ¢xw y••r 2024 2023 Trade creditors Sursdry credhorsand accruals 119,602 120,502 7C 16. Mo¥•m•n¢ in lun l•n¢• Unr•nrlrt•d funds- G•Mral Fund 457,397 182.740) 1.467 456,729 fte5tr1ctel funds 143.966 1119.C631 24.gJ3 457,397 224.571 1201.8031 1,467 481.632 CompaAtlve5 for rnovenwrt Infvnds UnrtstrKt•d fvnth. G•nqTrl Fund 476ml 76.K12 195.4C61 457.397 tri(¢•d fvndl 476.CQl 76.B02 195.4061 457,397 17. Anityslsof wet5 between fvThJs 2013 Totsl fvnd5 Total ealance at 30 September 20241 per 51atement of Fina1•1 456.729 24.903 481.632 457,397 Represented by: Tangible fLxert assets Investments Net current assets 377.635 48.679 55,318 377.635 48,679 55.318 377.635 48,679 17550 481,632 481,632 443.864 C•pil•l cornmltTMnts At the year end the thurch had entered into contracts to repairthe roofirygand stonework Oft Chancel together wtth Stained 81855 window paIrS totalling £80.216and £13.259 respertiye. These are fvnded by grants and f 20,CK() committed from the church'scM Se*s. PrLyess at the yearend was satisfartory and the proiett $5 expected to be complred injanuary 2025. io