Scotosh Charity No. SC01e070 Elgin Free Church of Scotland Trustees, Report and Financlal Statements 1st January 2024 to 31$t December 2024 El in Free Churth of Scotland Report of the Trustees Reference and admlnistration detalls Charlty Name.. El8in Free Churth of Scotland Reglstered tharlty number: SC016070 Charitvs prlnclpal address: Names of charlty trustees on date of approval of Trustee￿ Annual Report Treasurer Trustee Trustee Each person named above has acted a5 a trustee for the full period of thi5 report. trustees Sin￿ April 2024. Structure overnance and mana Type of 6overnln8 document Deed of Constitution of the Commlsslon of the Assembly of the Free Church of Scotland. ement Alm5 and Afflllailon The Free Church of Scotland has more than l(K) congregations in sCo￿and, as well as one in London and three in North Amerlca, and sister Churches founded by mlsslon work in India, Peru and South Afrlca. The Churth a150 has a full time degree awarding college in the hearr of Edinburgh for the tralnin8 of Ministers other Christian workers and sustains an extensive Missionary proEramme relative to the size of the church. Dadn8 from 1843 but wlth Its roots In the Reformatlon, it owes its distinctlve title to its historical struggle to remain 'free' from stste interference in its internal affairs. It has dose and active relations wlth many other Refomied churches of Jesus Christthrou8houtthe world and stands flrmly In the traditlon which accepts the Bible in its entirety as the WLvd of God and, therefore, derives its forms of teathin& worshlp. ministry and government from it. The main emphasis of our worship is the preaching of the gospel - the good new5 of a free and sovereign salvatlon through Jesus Christ alone. El n Free Churth of Scotland Report of Tnutees The Free Church of Scotland is a Presbyterian thurch adhering in its worship and doctrlne to the posltion of the thurch of Scotland at the Reformation. There Is an explanatory document whlch explains the ori&ns of the Church and whlch 8lves the htstorical background to the Church coming into bel￿ in 1843 and lists documents in whith is embodied its CO￿tItutIon. Elgin Free Churth of Scotland ￿ a congregatlon of the national Free Church of Scotland workin8 towards the common aims set out above. The congregation is withln the Invernes5. Ross and Lothaber Presbytery and is authori5ed by the Churth to have a mlnlster pald from the central funds of the Churth.The Church buildin& halls and thurd) Manse are the property of the con8re8atlon and are held in trust by locally elected congregatlonal trustees. Tntstee recruftmert and appalntment The Flnance Committee exerases its discretion in detemiining the m05t appropriate method of elerting trustees. Any elettion must involve the communicant membership of the con8regatyon. There ts no fixed term for Trusteeshlp. Prior trj their appointmenL new trustees would have served the thurth for some Ilme In various roles and would be famlllar with the church'5 value5. its aims and objectives as well as its da*to-day operatlons. As part of their induction pro8rarnme, new Trustees are required to understaMI thelr statutory responsibllldes. Ob'ective5 and activities Charltable Purposes The advancement of rell8ion. Summary of the maln aCtlVftl￿ In relatlon to these oblectlves During the year, the church met re8ulath for worship and carrled ¢xJt various attl￿tIeS in pursuit of the above ststed alms. Churth 5erthces cL￿tInue to be broadcast on-llne with the use of sooal medla allowin£ members and adherents to worship tO8ether. The congregatlon contlnued its commitment to support the National Free Church of Scotland l)oth spiritually and flnanclally. Achlevements and Performance Summary of the maln a¢hlenments of the dwrfty durfnB the flnandal perfod: l. Provided minislry for chlldrert. 2. Provided minlslry for *xwnen. 3. Provided ministry for men. 4. fvovlded rnIn￿try for svun8 adults. 5. Provided pastoral and OLrtreath mlnlstry. 6. Conducted funernls. 7. Provided craft events. El 'n Free Church of ScotlarKI Report ol th• Tii4tees Flnanclal revlew Reser¥es- ResuFts for the year Now that Elgin Free Church of Scodand have linked wlth 8urghead Free Church of Scotland both congregatlons Share a minlster and eath c4)n8regatlon contrlbutes to the stlpend for the mlnlster. Thls has allowed El8in Free Church to build up some reserves, allowln8 the trustees to plan for the future. Both congregalions also share an as￿stant minister, a mlssionary from U.SA who is financed by hls home congregatlon In St Louls. Mi5$0uri. Eath hurth remalns a separate ftnanclal entlty wlth separate Flnance Commlttees. As a result, there was surplus for the year of £24.055 with thuich held fimds amwntln8 to £34,966 at the year end. That consisted of the General Fund havlng a surplus amountin8 to £26,648 and the Fabrlc Fund Acccwnt (Restrlrtedl a surplus of £47. The Deslgnated Fund (Restrictedllcharitsble Donation51 was dosed with the funds being donated to charity in 2023. The trustees are satisfied with the level of reserves retained by the charity. Dedaration The trustees dedare that they have approved the trustees. report above. Signed on behalf of the charity trustee5 Si8natUfe: Date: Full Name: PoSit￿n. reasurer InarKe Cornmittee El n Free Churth of Scotland Report of the Tntstees Re ort of the Inde endent Examiners to the Trustees for the ended 31 December 2024 ear I report on the accounts of the thurth for the year ended 31 December 2024 which are set out on pages 6 to 9. Respertlve responslbllltles ol tnthes and eumlner The charlvs trustees are responslble f(Y the Pfeparation of the accounts In accordance with the terms of the Charities and Trustee Investrnent {Scotland) Act 2LK15 and the Charltles Accounts (Scotland) Re8ulation5 21x16. The charity trustees conslder that the audit requirement of Re8ulation 10(1) (dl of the Accounts Regulations does not apply. ￿ is my responsibility to examlne the accounts as required under settlon 4411) (cl of the Att and to 5tste whether particular rnatters have come to my attention. Bas1$ ol Independent examlnèrfs statement My examlnatlon Is carrled out In accordance wlth Re8ulation 11 of the Charltles Accounts (Scodand) Re8ulatlMs 2￿6. An examlnation includes a review of the accounting record5 kept by the charlty and a comparison of the accounts presented with those records. It also Indude5 consideratlon of any unusual items or disd05ures in the xcounts, and seeks expla)ations from the trustees conceming such matters. The procedures undertaken do not provide all the eviden￿ thatwwld be required in an audiL and consequently I do not express an audit opinion on the blew 8iven by the accoun Independent EKamlners' SLilement In the course of my examinatlon, no matter has come to my attention l. which ￿Ve$ me reasonable cause to believe that in any material respett the requirements: to keep accountin8 records in aCU)rdan￿ wlth Settion 44(11 (a) of the 2005 Art and Regulation 4 of the 2(*J6 Accounts Regulations, and to prepare accounts which accord with the accountln8 records and comply wlth Re8ulation 9 of the 21)J6 Accounts Regulations have not been met, or 2, to which, in my opini¢)n. attention should be drawn in order to enable a proper understandlng of the accounts to be reached. Si8natsJre: Qualificatson: Independefit Examiner Oate: l*loi/2 El In Free Churth of Scotland Report of the Tnotees Re￿Ipts and Payments Account As a131.12.24 Totsl Toiil 2023 Fund Fund Z024 Envdope Sch•me Inco￿￿ fiEcovered Sunday 5th￿1 Cdlealons Churth Dty]rCc41ettM* ch￿atIC￿$ Tr•nslerfrom fxneral F￿d C￿T(h Wothr Dcfflatlons CharttyOJd Oonatbjns R•nt M•g41ine Sales. Etc Irbterest Rèceh*d R•1rntr￿r$ernefits: 23.*)5 143 19.397 S￿6 6,143 6,766 5.436 9.379 9379 955 132 TUesdaY￿b 172 oiher Income (W￿￿delI Its￿1. ￿ Note7 245 245 1,920 Total Re(e4 43A4131 P•¥m¢rt¥ Head oifi¢e Rthmitt•n¢¢s other Hèid Off*e Payments Presbytery Lev*5 MSnister's Ewses Church H*4t & ￿h1 Manse Hell & ilghi 148 148 iin 1178 189 1243 ID2 L373 1373 495 B16 Internrf Counril Tax Insur•meè Transfer to Fabric Fund thurch flepalrs Manse Repalr¥ PrintmyJTrthdia Charkibje Lh)nakns SUPP￿ Wenses 816 L916 1,02Y I,V39 L564 32 32 Pr¢s¢fitatioTrs Outreach ￿en Equlpment Communlon bp•ns 178 178 343 122 157 17.03Q09 I9￿28 jrp1￿1￿rlbèV 24.055 -1329 Z4P55 10,912 -2.329 5.338 3,010 Total funds brought forward 8.ln 4920 El n Free thurth of Scotland Report of ihe T￿￿tee9 Statement of Balances As at 31 De¢¢mber 2Q14 Notes Bank & CJsh kn hand Op￿1ve BalarKè Swplu5 I(D•fic￿l forth• y•ar Tr•n5f•rr•d FurKIs CloslnB b4lwus 10,912 .055 3NIO -7.902 34.966 T￿1 of •Mets held 34.966 3,009 Unr¢strl¢t4d fvnds 09s18nat•d fu￿15 Restrtrted furnls 34.920 8272 47 103 F￿d$ held by central offices Endowrnent Leyry All h•ld by Gon•i4 Furtl 2A75 31255 2A75 Church Manse Sub tot•l: Les Outstsndir¢ loins I,w.o 1.696,OC 3C￿.0 a￿,0C0 L￿.rA>) L996￿) Statwmnt ofibbMlllesa$ 31 l>ewkn2014 Invde•s due for paym•ftt Approved bythe Trustee5 14-? u Lf and sl8ned on thetr b•hall ￿th0 undarr¥)tad Iiust•• l Tr*asur•r I rUS￿e The note5 lomi p•rt olthese financial statements El n Free Church of Scotland Report ol the Tntstees Notes to the Recelpts and Payments Account For the￿Irend0￿ 31 Decernb•r 2024 The finaTrdal su¢emMts h**lxen gwed LYththehSstsfkal wrt0)W•￿i￿Ifftd ln accwthft￿v￿th thé Ch¥M•s A(¢oMis IScLM14ndl wjatkrth￿￿. For th* ptstyose ol th• Ind PvfiMntsPLLwnt*5 51Thvn on pw6.fundsar•ddhb•d as101￿. Unreslrthd othw incoffie retthtrj ftyth* A¢lJltlon•l Ilote¥ Ththle5 la¥eVwAJexandwFraseF 01£22.5LxIP3.(&231 p￿$ •dditiDnal 5Lrn offJ4lQ5] l£uThU¥£32,155 incbJdlr¥ knt•tst)- byEdkihweh for Fr•• ¢)urth