Aberdeen South Church of Scotland And Church Centre RECEIPTS AND PAYMENTS ACCOUNTS Congregation No: 311923 Scottish Charity No: SC016043 N.B. These accounts should be read along with the Notes I to S plus Appendix attached
Reference and Aflministrative Inlormation Charity Narne.. Abèrdeen South Church ofseotland Charity Registration Number:5C016043 Congregation Referen No.. 311923 Contact Address.. Aberdeen 5th Ctrurth of S¢otl8nd Walker Roa Tory Aberdeen ABII 8DL TNstees PrfnElpal Olllce-bèarnrs Mlnlster- Jolnt Sesslon Clerks.. Church Tre&surer- Indewnclent ExamIr Bank•rs Bank of Scotland 201 Union Street Aberdeen ABII SUG TrusteeSavingsBank St Nicho13sStreet ABIO IHE
Aberdeen Souih Church otscotknnd Trustees, Report Year ended 31 Dètemb•r 2024 Structu, Govemant and MJn4i•mgnt Do¢ument Thectt%reg8tlC rw5tered charity. numberSCOlfl)43and i adMIrdstÈd in a¢£ordance with the terms ofthe DEÈd of c(m5titUDfj lUtsry kKml and Is subject to the Acts and RégLlation c thè Gener¥1 A$5embly thE Cmrchof Scotland. charil¥wa5 frymed foll1 the uOn of Torryst Fltdcks Parish Churth and sth St Nicldas Kincorth (hurc The former SoLlth St Nichda5 church builthr6 closed on 21"July 2024. and the Mer Totry St Fitbck5 church building became the main centre of worship for Abeideen South Church. Minister of the foFmer sth St Nickdas church retrred 15 AuBU5t 2024 and the thni5ter of the fumer Tory St Finicks thurch is the Minister for the new Uted chaYg@. A5 per thE Pie5bytery Mssion Flan. a full-tlme MDS Iminlstrles DeImerrt Staffj Parish Assistsnys post 15 cUrrntIV being advertised end a part-time MDS Yujth and Family Wcrker has been apwxnted Itoc<Thmence 1st February 20251. ThetsteeS we5enttheir rerffland fina131 ststèrnènts olthe charityf¢rth year eniled 31 Oecember 2024. Ckn I September 2024 the Charity wa5 frned (xrt of 3 rnerger betweeTr Torry St Fitticks Parish £huich and St Nichol35 Owrch to fom) Aberdeen South (hurch ct Scotland. Thètlnancial gtstEments lve been prepared jna¢cord8rKe the accounting Fdiues set In n¢rtÈ Ito the at£ounts and r(Thply withthe Gera1 Assembly Re8atr(S foF Cregatia1 FiryAnce, the Qthriles and Twgtee InvÉStment IS¢otlandl Art 20)5, the thantle5 Accounts (Scotlandl Regulati(5 2C#)6 las arnendedl and P<counting and Reporting by (hariies.. Statement ot Recommended Practice aPtable to tritIeS preparing thwraccowts in accLYdance with the Financial Rewtin8 Standard aP1[abie in the UKand Rep1¢ of Irdand publlshed ot) 16July 2014. R•¢ruiim•nt •nd )pvlntmentof Trustees Members c the rk S¥sith are the crity trustees. The rk Sesslon members are the elders of the ¢TrvJrch and are ¢Sen frc¥n thrse mÈmber5 of the churth who are considered to have the apprcyrlate gift5 and Skills. The minister. wktsis a member fjf the rkSeSsIon. is elttted bythe congregètronand indLted by Pte5bylery. lknanbatlonal Stwrturg The lirk se551( 15 ¢haired by the minister and rneets 8 tirnes in a year. The rk Session is re5PCfft5ible for all affair5, spiritual and temporal. of the thurth, certaifj rpolts11[tie5 are d2legaied to the FIrrE Gynmlttee the Pioperty Crynmittee a5 approwiate Oblethes and A¢1•¥ The Owrch cScotlahd 15 Trinitariwn in dlxtrne, Reforrned Intyadrftlon ènd PrL%byt@rian w)lity. tt exists toglorrfv God and to work for the adn[ernent of thrisV5 ngdoM thr81 the woild. As a ltional [Ch, it ackrth¥ledges a distlnttive tall and dutyio iKingthe (ydinaes of rell8lon tothe peae egrypadsh of Scodand through è territorial rninistry. Y( ctroperates other thurchE5 in variou5 ecumeni¢?l trdIeS in 5cthand èr beymd. The maln sÈrtltè of wryship is held eèch Sunday, at 11 am, in Try. RegularsEr¥q¢e5 arealso heSd on Sd3 at 10.W am, in ncorth commu1ty Centie. Thesesertitces èreled by Elder5. A regular mid-week seihice is also hd in Deewew Court Neurdcv4ital &re in hSrKOrth. These seThryces ère led by the mlnisterandunttPT5. A¢hvements and P¢rfomi4n(e The fLqlowing groups and tr8iniSatittÈ mEet and eniw fellowship within the church community- Parents and Toddlers day m(wri1 8owlers- Tuesday afternts)n, The Guild every 2nd Tuesday e¥enin& Bible 5tu- Thusthyon linE, Mers GrcMJp- every 2nd Thursday alte[w Music and thma gwup- FrithYeve and5daY aftemoxm. Oeeper knfe &ble (hurth- Fiid6yevelliD8and Sunday afteinwtL Nl)nthly G)ffee Ntsrnin8s- lastsaiurthy of the month. A number of acti¥ities whlch prèk4ou51y tk plare ITr SoLrth St NIclaS thuch, now meet In COMMlty Centre. There is nopublic trènsrKrt link between [Orth and TLYry. 50alternativeaccommodatiThi to befnd to allow theSethr17ng 8fOUPS to continuè. Thè grwps I4e 6, bri8ade. Gifls, Brl8ade, Rainbows, Parènt and TodrAers anda craftGrOu The5egrwps come under theèuspices oFAberdeen S(h thLYC A wewy wayei meet1, a5 well a5 a bible 5tudyiake ace tha Zoom and afe cyen toawè wishes tOlL¥n. In additi(, the (hwth H&ll 15 occaslonally used for lotal sch1 6rbiqtie5 and the l(Kal 5cIKvJI @ssemtrAies ènd endof term serceS are hÈld in the Ovjfch. The a7urch èlso makes its facllitie5 alIable to rtside 0184ni5atiLW as ntreaCh ar to pioknide fdIng for its (WVNDg work
Aberdeen South Church ofscotland Trustees, Report Year ended 31 December 2024 Financial Review The principal Sour of incorne in the General Fund corne5 from the weewy offerings specified in three categories: Free Wi11 Offerln8- GSft Alded Free Wlll Offerlng Open ate Most members give thelr offering throu8h the weekly envelopes, with some giwng by Sianding order and a few prefer to Ive throu6h the Open Hate. The major sources of income mentioned abo¥e raised £54,412 for the year to 31 Dember 202412023 £57,6531. Other Income Includlng legacies, rettipts from general trustees, fundraising events and rental of church premises brought in £152,734 for the year to tts 31 Dernber 2024 12023 £9,859). The weekly Sunday offerings are insufficient to cover expenses. As a consequence of the union of Torry St Flttl(*s Parlsh Church and South St Nicholas Kincorth Church on 31 August 2024, tsn I Septerrber 2024 Torry St Fittld(s Church donated its cash balances 1£24.0491 and Investment51£18,21SI to the new comblned Aberdeen South Church of Scotland. These amounts are shown as income in the ReiDt$ and Pavment5 Account. Receipts and Payments showed a surplus of £146.526 for the year to 31 December 202412023 Sur$ £10,260). Reserves Poli The charity trustees have considered the reserves required and have taken into account thelr rnt and fUre liabilitie5. It IS the Trustees. policy to hold reseffts of approximately 3 rnonths expenditure including designated funds. At 31 December 2024 the Church held unrestricted funds of £141,483 of whl¢h £83,093 had been designated for fabric fund. The remaining balan of £58,3 represents about 9 months, expenditure which is hlghly satisfart¢)ry. The church also held £8,832 of restricted funds. Risk ManagenEnt The trustees have assessed the major risks to which the charity is exposed, In particular those relating to finances. With an ageing congregatlon both natlonally and locally within the Church of Scotland. the ability to contlnue to ralse to the ¢)verall work of the national Church is important. In line with the guid8nTr frorn the Church of Scotland. the Nonfinancial risks such as fire prevention, health and safety and food hygiene are managed by ensuring accreditation is up to date, having appropriate PDliaes and procedures In place and awareness training for all relevant users of the buildlng
Aberdeen South Church of Scotland Trustees, Report Icont.) Year ended 31 December 2024 Trustees, Responslblllties in Relatlon to the Financial Statements The charity trustees are responsible for preparlrg a truslee5' annual report and financial 5taÈefflent5 in accordan with applicable law and United Kingdom Accounts"ng Standards (united KSJgdorn Generally Accepted Accounting Practitel. The law applicable to charities in Scotland requires the chartty trusteès to prepare fsnar7cial statements for each year which Show a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity lor that period. In preparing the financial statements, the trustees are required to.. select suitable accounting policies and then applythem consistently; observe the method and principles in the applicable Charities SORP,- make judgements and estimates that are reasonable and prudent,. state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed 3nd èxplained in the financial statements,. prepare the financial statements on the going ¢oncern basis urnlèss it is inappropriato to presume that the charity will continue in operational existence. The trustees are responsible for keeplng proper accountlng records which flisclose with reasty)able accuracy at any time the financial position of the chanty and to enable them to ensure that the financlal statements com ply with the Charities and Trustee Investment Iscotlandl Act 2005 and the Charities AccryJnts15cotlandl Regulations 2006 las amended). They are also responsible for safeguarding the assets of the charity and hence for tskn.ng reasonable sleps for the prevention and detertion of fraud and other irregularities. The trustees are responsible for the mait)t@nance 3nd integrity of the charity and financial information on the congregation's website. Legislation in the United Kingdom governÉng the preparation and dlssemination of financi81 statements may differ from leglslation in other jurisdictions. Approvèd by the Trusiees and signed on their behalf, ZZ APRIL loLI
Independent Examiner's Report onthe Aewunts Report to the Trustees of Aberdeen South Church of Scotland aAd Church Centre Registered charity number SC016043 I report on the accounts of the charity and its predeceOr bodies {Torry St Fittick's Church {SC0090201 and Aberdeen South St Nicholas Church (SC0160431 which merged on I September 2024 to form the continuing charity Aberdeen South Church of Scotland {SC016043) for the twelve month period from l January to 31 December2(J24. Respective Responsibilities of Trustees and Examiner The charity's trustees are Trsponsible for the preparation of the accounts in aeeordanee with the ternis of the Charities and Trustee Investment (Scotland) 2(K15 Act and the Charities Accounts (Scotlandl Regulations 2006 (as amended). The eharity trustees eonsider that the audit requirement of Regulation 10{l) Id) of the Accounts Regulations does not apply. It is myresponsibility to examine the accounts as required under section 44(1) Ic) of the Act and to state whether particular matters have come to my attention. Basis of Independent Examiner's Statement My examination is carried out in accoff12nce with Regulation 11 of the 2006 Accounts Regulation5. An examination includes a review of the accounting records kept by the eharity, its predecessor charities, and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seelcs explanations from the trustees coneerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, I do not eKpress an audit opinion on the view given by the accounts.
Page2 of2 IndependentExamxner's Statement In the course of my examination, no matter has corne to my attention l. Whieh gives me reasonable cause to believe that in any rnaterial respect the requiretnents: To keep aeeounting records in accordance with section 44(1) {a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and To prepare accounts which accord with the accounting records and eomplywith Regulation 9 of the 2006 Accounts Regulations have not been met, or 2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
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Ab4d••rt South Church ofScoU•nd MraSt•r5 ar•ldt0J todh&Ary th&thtiÈs of ttirtalllA8tohri5h Min15ty The srfpord ratèls $rtannuèltytythPP4sUVTruStettth1 F?ith Action P¢o8tsmm¢.wlththe Nati5114sCll• trn8 th? Rewtof FpfthALti Prograrnmetot G¢r¢ièl AS5prnb1y. TTre N#tiol Stip slE 154 fiwlntscalÈ. Parish 1%1?•OW•th lirs1fltrE?rs cl tholr nrSard treTrremain¢fi th28le. S#9pScI1&tQrl924 Pdnt 1 É31.642 Pdnt 2 É33.7LI P&Trt3 £35.780 P(xnt4E3750 Pr4nt5 É38M84 t31DeternbEr2024.tk¢Corffeytlonwaso¥¥•O£I79(lO23E7.0WJlnreI£1Gv1•jd1ndGTrcIfftk Thlsamoutrtw4S rtt*wdlnJanuary2015. 4t310eMbwIO24lhdRv23,nQm•telI4fftNtslffjrt¥ttIof¢dOn•èlh1wrtrwweOvVdbYt¢nVytylQ.
APPENDIX FUNDS HELD BEHALF OFTHE CONGREGATION BYTHE CHURCH OF SCOTLAND GENERAL TRusfEES 2024 2023 CAPAL ACCOUNT Credit balances hdd at 31 December at cost 9,676 9,402 Credit balances held at 31 December at market value 14,164 13,598 REVENUE ACCIXITr Credit balances held at 31 December 21,522 9,676 TEMPORARY ACC(xJiir Debit balances hdd at 31 December 198