OSCR
Scottsh Charty Regulalor
www.os(r.org.uk
Registered Charity
SC016094
ST COLUMBA'S SCOTTISH EPISCOPAL CHURCH, NAIRN
REPORT AND ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2024

CONTENTS
Page
Administrative Information
Report of the Vestry Members
4-5
Independent Examinels Report lo the Vestry Members
Accounts
Notes to the Accounts
10-11

ST COLUMBA'S SCOThISH EPISCOPAL CHURCH, NAIRN
Registered as a charity in Scotland No. SC 016094
CHURCH ADDRESS:
Queen Street, Nairn, IV12 4AA
CHARITY TRUSTEES - Members ofthe Vestry
INDEPENDENT EXAMINER
Page 3

REPORT OF THE VESTRY MEMBERS
YEAR ENDED 30 JUNE 2024
1. Purpose.
The purpose of the charity is the advancement of religion. The charity's principal adivilies
in¢lude public worship in sacrament and prayer, charitable work and fundraising for local,
national and intemational needs and social meetings
2. A¢tlvlties.
The year has been one of gradual improvement and adjustment as the life of Ihe
congregation evolves from living with restrictions to creating a pattern of worship and lrfe
which feels more 'normal' The congregation Continues to work hard at making the church a
safe and friendly pla￿ for people to ¢ome lo, and technology continues to play a significant
part in our worship. The pressures of the last few years have taken a toll on the
congregation's finan￿$ but people have responded well to stewardship appeals and at
many fund raising events. Members of the congregation have been very generous in
opening their homes and gardens so that the social life of the congregation can revive and
people reconneGI with one another.
Over the past year the congregation has had to com& to terms with the financial impact of
the pandemic. Although initially finan￿$ held up well, in the longer tem, Ihe erosion of
investment income has mèant we have had to rely on stipend support. However, a new
opportunity to link St. Columba's with St. Paul's in Strathnaim, with the support of a non-
stipendiary curacy, has provided a degree of financial security for both congregations. Both
congregations are delighted with this connection and look forward to the opportunities for
working together and learning from one another that this linkage affords.
3. Income and Expenditure.
During the year the donations income remained static with a slight fall in donations being
compensated by an increase in the amount of gift aid received. A notable highlight was a
public choral Concert held in the Nairn Community Centre to raise funds for a refurbishmenl
to the hall. The net funds raised (£4,474) will go towards a new insulated ceiling.
Our expenditure has remained consistent in most areas. The eX￿ptIon being an apparent
decrease in the stipend contribution. (Note 6 to the accounts explains this as being due to
Diocese and SEC support). The other significant change was the increase in church utilities
due to a doubling of our electricity costs when our fixed rate term came up for renewal.
Our current savings amount to £3,792 and it is hoped no further withdrawal will need to be
made next year. The Vestry will continue to do everything possible to keep down costs and
increase income.
The HMRC Gift Aid reclaim for this year is in progress and this will help to swell the income
for next year.
Page 4

4. Reserves
The level of reserves is kept under constant review at Vestry meetings and is considered to
have fallen to a very concerning level at tha present time, being only just greater Ihan two
months normal running ¢08t8. Efforts will continue this year to build up our financial
resilienGe.
5. Investments
Funding not required for d2y-to-day spending is invested in 2172 M&G Income Units.
6. Structure, governance and management
al The Charty is constituted as an unincoiporaled association. It is a parish within the
Elocese of Moray, Ross and Caithness, whlch Is one of Ihe seven Dioceses forming
the Scottish Episcopal Church.
b) The charity trustees (Vestry members} are listed on page 1. Vestry membets are
elected at the Annual General Meeting (AGM).
cl It is the duty of the Vestry lo manage the temporal affairs of the congregation with
responsibility for keeping the fabric of the Church in good working order and to look
after the finances of the Church.
7 R8lation$hip with the Diocese
St Columba's is supported by the Diocese and the Pr¢￿Ince, through the pastoral oversight
of the Bishop and through central support functions at diocesan level. To assist with the
funding of these functions St Columba's pays an annual quota to the Diocese.
8. Acknowledgernent
The Vestry wishes lo record its gratitude for the time freely given by a large number of
volunteers, without whom many ofthe Church's activities would be unable to operate.
Approved by the Vestry on 19 September 2024
Signed on behalf of tIE Vestry:
Page 5

ST COLUMBA'S EPISCOPAL CHURCH, NAIRN
FINANCIAL YEAR ENDED 30 JUNE 2024
Indopgnd•nt Examinerfs Raport to the Tru8tse8
Respactlve responslbilities of Trustees and Examiner
The charity's Trustees are regponsible for the preparation of the accounts In accordance with
the teThns of the Chanties and Trustee Investment (Scollandl Act 2CQ5 {Yhe 2005 Acf) and
the Charitie5 Accounts (S¢otlandl Regulation$ 2006 (aB amended) (Yhe 2006 Regulatrons.)
The ChurGh's Trustees consider that the audit requirem8nl of ReguLgtion 10{11{d) of the
2006 Regulations does not apply. It is my respon$ibilty to examine the accounts as required
under section 44(1)(G) of the 2D05 Act and to state v¥hether partiGular matters have come 10
my attention.
Ba•1$ of ind8p8ndont axamlnerfs ststement
My examination 18 carried out In accordance wilh Regulalion 11 of the 2006 Regulations. An
examination Includes a review of tne accounting records kept by the tharity and
comparison of kne accounts presented with those records, 11 also includes ¢on5ideration of
any unusual items or disclosures In the accounts, and seeks expL9nations from the trustees
Concerning any such matters. The prO￿dureS undertaken do not provide all the eviden
that would be required in an audit. and consequently I do not exprass an audil opinion on Ihe
view given by the accounls.
Independent •xamineV8 •tat•mont
In Ihe couise of my examination, no matters have Come to my attentiDn'. -
l. Which give me reasonable Gause to believe that, in any material r6sp6¢t, tha
qulrements.. -
to keep accounting records in accordance with Section 44{1) la) of 2005 Act
and Regul3tion 4 of the 2006 Regulalions. and
- to prepara accounts which acGord with the arKounting records and Gomdy with
Regulation 9 of the 2006 Accounts Regulation
have not tEen met, or
2. To which. in my opinion. attention should be drawn in order to 8nabla a prO￿r
unls to be reached.

ST COLUMBA'S SCOTTISH EPISCOP￿ CHURCH, NAIRN
FINA￿CIAL YEAR ENDED 30th JUNE 2024
Receipts & payn*nts account
RECEIPTS
2023124
Unra8trl¢ted
2023124
Restrlcted
2023124
Totsl
Note
2022123
Total
Donations
Collections
Envelopes
Standing orders
Weddingslfunerals
Gift Aid
Donations
Other
1,090
3,447
21,683
1,090
3,447
21,683
1,261
20,788
230
5.768
1,845
138
7,902
1,668
318
7,902
1,668
318
36,109
36,109
Grants
VAT Refund
Legacles
5,000
Receipts from fundraising actlvlties
Saleslevenls
Other fundraising
Other sales
2,040
1,160
4,913
6,953 3.1
1.160 3.2
2,648
1.001
3,200
4,913
8,113
3,649
Investment in¢¢
Dividends and Interest
216
216
216
473
218
Re¢eipts from charltable activitles
Use of hall
"Bite & A Blether" Lunches
bna visit
Iscellaneous
3,355
3,355
2,250
6,800
6,600
1.100
9,955
9,955
SUB TOTAL RECEIPTS
49,480
4,913 $4,394
47,446
Proceeds from sale of investments
10
10,000
TOTAL RECEIPTS
4,913 54,394
57,446
Page 7

ST COLUMBA'S SCOTTISH EPISCOPAL CHURCH, NMRN
FINANCIAL YENI ENDED 30th JUNE 2024
Rec•lpts & p•wMnts a¢¢ount
PAYMENTS
2023124
Unr•8trlcted
2023124
Roatrlcted
2023124
Totsl
Note
2022123
Total
Paymnts r•latlng to charltabl• aetlvltle8
Stipend Contri￿tIOn
10,011
Quota
3.348
SEC Pension
10,238
Reclorfs expenses
Locum
Church Lrtllities
Church & Hall insurance
hurch maintenance
Hall ub'lities
Hall maintenan¢8
Rectory insurance
R￿tory maintenance
Council tax
Organ costs
ChL*rch garden
na Pilgrimage
Upkeop of Services
Telephone
PrintirWPostwstatk)nery
vertising
sc
Vojor rèpairs
CW expenses
Flowers
Hall Cleaning
10,011
3,348
10,238
23,885
3,528
9,361
4,873
2,411
503
677
592
4,873
2,411
503
677
592
1,928
2.321
414
572
144
107
2,961
1,885
150
7,700
197
1.151
3,059
1.241
90
6,650
255
1,143
3,059
1,241
90
6,650
255
1,143
350
350
439
88
439
289
73
43
43
45,484
439
45,923
56,754
Exp•n8e8 for fundral8lng •¢tlYltles
Other
Gr•nts & donatlon• rn charlt¥blè •ctlvltl•$
Feesl SubscriptK)ns
etseas MI8SICn5
s￿Ular Charities
171
171
Purchase ol A￿d￿Onal ￿G
vastment Shares
Payn*nts
ure
aseo
a88¥ts
Gross payry*nts
Totsl r•eelpts
46.268
439
46,707
56,925
46.268
49.480
439
4.913
48,707
64,394
56,925
57,446
Surplu8lldefi¢ltl for the y¥•r
3213
4.474
7687
521
Page 8

ST CCLUMBA'S SCOTTISH EPISCOPAL CHURCH, NAIRN
FINANCIAL YEAR ENDED 30th JUNE 2024
STATEMENT OF B*LANCES
2023124
Unrèstrlctod R8strlcted
2023124
Total
2022123
Tol
Note
STATEMENT OF BNLP14CES
Cash & bank balan¢9$
Openiro balance * 1 ju￿ 2023
Surpluslldefi¢it) for year
Closing balance at 30 Jwe 2024
{3371
3,213
2.876
2.eéo
4.474
7,134
2,323
7,fj87
1,803
520
Movements of Invèstn￿nts
htsrkei value at 1 Juty 2023
Purchases
Di3pD5als
Uniealised gainlllossl in year
Realised 9ross loss on disposal8
Orket vakje at 30 June 2024
3.514
3,514
13,614
110,000)
278
278
3,792
3,792
3.514
Total Funds
Opening balanco at 1 Juw 2023
Closir*J balanco at 30 Jlmè 2024
3.177
6.668
5.837
13.802
7134
Monotsry assets
Bank of Scolarnl
Cash
Castri tea
Less Special Colkntions to be disbursed
9,￿7
2,490
43
23
190
10.010
Bank Ststemgnt rneonclllatlon
Bank Slaternent as al 30 June 2024
Boclrt Balance as at 30 JLsne 2024
9966 67
9966.67
Approved by the Vestry on Idatel and sigred on ￿1r behalf by.

ST COLUMBA'S SCOTTISH EPISCOPAL CHURCH, NAIRN
FINANCIAL YEAR ENDED 30th JUNE 2024
Notes to the accounts
Note 1. Basis ofaccounllng
accounts have been prepared on ￿ Receipts Paymerrts basis. Trey consist
?f a summary of all monies received arKI paid by tFE chjrch in Ihe financial year.
2023r24
Payments
210
Note 2.
2.1 - food vouchers for Naim fire victims
(of which £190 was collected in 2022r23)
2.2 - Bist￿P,S Lent appeal (paid in year)
300
amounts are excluded from receipts paymerts
Note 3
2023124
Receipts
4,913
370
2022r23
Receipts
-tK)ir Co￿ert for hall refiJrb
-hristmaslNew Yr sales
Halloween paty
Easter treats
Jther e￿rtS
4ftemoon Teas
(Restrlcted)
791
116
102
516
1,123
181
939
550
6,953
2023r24
Receipls
920
240
1.160
2022r23
Receipts
2￿Z￿8
>uThJay coffeeAeas
158
1,001
Mote 4
2023124
2022r23
2024 knna Pilgrimage
Receipts
Payments
Payments
6,600
-100
,550
1,100
-7,700
2025 bna Pilgrimage
s in previous years we have paid in advarte for ￿xt years pilgrimage
Page 10

Not• 6
2023r24
Pa￿nerts
2022r23
Paymerts
Ml•¢
350
350
88
88
Nots6
2023r24
PayTnerts
10.011
3,348
10.238
2022123
PayThrts
23.885
3,528
9,361
Stipend cartribub'on
QLD￿ cordriblknon
Per6ion Co￿1b￿￿on
Ths *s first fijl sear in %%tich 8 50% stipeThl 8LPPOrt b8•n grartsd. Tlis hgs resLlted in tsr•
beiThJ ryj ￿￿*r￿d{￿tiOn in ow irnestrnents.
Not•7
2023r24
Paynerts
4,873
677
2022r23
PaYrT￿nts
1,928
572
CtrL*ch Ubhbes
Hall Utiliti6s
Thè iThx8ase in clxxch ublity co$ts is nyjstytts dothl8d 8lectnoty prices. FkJw8v8r, d￿r￿j
Last year a r*eded heab"r#J SyEtemwas irstslknd ar¥J 8￿CtriCIty usage I￿reaS8£1
S￿)S￿r￿la￿y. Usa98 will be dosety mtitored 0￿rthe comiry winter to keep costs at a mirMrNm.
Note 8
Fee8lSthsttipt'or
2023rd4
2022r23
100
174
Donabon to Milbar* Sthjol In lieu of aLNJit fee
Fee to CCLllor MLk4iC LICE￿(2 ￿ar$I
Website lYJstir¥J tee
100
382
302
Note 9
R88trictod fund
Opthr¥ BalarK6
Réceipts P8ymnts CloslTrJ Be￿nc*
CIK)Srcorrertfor twll refLwbiS￿￿rrt
Cwd ￿¢0￿ryAr¥j
4.913
439
4.474
2.660
2.660
rgstrictad fimds WH be L6ed to r8ft#1)ishth8 hal 1*xt￿ar.
Note 10
Mov?￿rrt on h￿SIm8rts".
OperuT¥J baTrar￿ at 1" J￿2023
Pr¢xeeds of sales in ts yaar
8ook bakr
Urwealised goln In￿ ￿#T
BaL￿￿ carried foNMrd
3.514
3,514
278
I￿Str￿ert ￿nsIsts of250.013 urits imestsd in M&G ClwrifiJTrJ
urmts were ￿lL￿d at Lwut price of 1,516.77lpl giwr& a 8tstemertvats of £3,792.12
Page 11