Charity R*ghtratlon No. SCOI6185 (Scotlandl Congrngatlon number. 010136 LINLITHGOW AND AVON VALLEY CHURCH OF SCOTLAND ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 THE A9 PARTNERSHIP LIp￿TED Chartèrnd A¢¢ouDtsnts Ab•r¢grn School Y•st Lothian EH52 6PZ LINLITHGOWAND AVON VALLEY CHURCH OF SCOTLAND LEGAL AND ADMINISTRATIVE INFORMATION prtnelpal Offlc&b8arer4 Congrègatlon numbér 01D136 Charity nunknr Iscotlandl SC016185 ContaGt a¢1dre88 Cro$8 Hou86 Linlithgow esl Lothian EH49 7AL Audltor The A9 Partnèrshop LThnited Aberoim SC￿1 Newlon West Lothiaft EH52 6PZ Prlnclpal Bankor ChanbesAid Foundation Bank 25 Kings Hill Avenue ngs Hill West Mailing K6nt ME194JQ LINLITHGOWAND AVON VALLEY CHURCH OF SCOTLAND CONTENTS Page TTU51ees' report Stalw￿￿ of INstees' ￿SE￿)nsIbilItIeS Inde￿ndellt audilorfs rew 8-10 ststemenl of finanaal acaiwtbes 11 Balance shaet 12 Statémant of cash fhjws 13 Note8 lo Ihè finaneAal statements 14-29 LINLITHGOWAND AVON VALLEY CHURCH OF SCOTLAND TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Tha Irust8•s present annual report and ffinan(xal ststements forlho yoar e¥Klgd 31 D￿M￿r 2024. The finane4al 8lalem8nts h8ve been prgpargd in a￿[dance the accounting poEcies set out in note 1 tr¥ th9 financial statements and COM￿ wlth the charttls goveming documenl, the Charities and Trustee Inveslmetsl (Scotlandl Act 2005, the Charikn'es A￿unts IS(x>ttandl Regulations 2006 las amended) and A(￿oUnting and Fllowing paragraphs provsde an oveThiew of the work of th8 four (*urches during 2024, prior lo the launch of the new Parish on 1 November. Avonbrldge Church 2024 did not start off weB for AvofibiKSge Chtfvth. We expor10n￿ a lyJr* sNpe in the kitchen on 7th January which wiped out th8 full kitchen and the flooring in the ChuJrkn Hall. However. insurance covered the c05t allowng us to regain a functiorting kitchen again. Tha church continued lo grow in strength Ihis past year. The Unkjn of Ltnlithgow and Avon Val￿Y has brought vs g￿at support and allowed the chuT¢h to benefft from the pr8paration of a (￿mmunity audit. This WOTk h85 reunited the village with the Church and allowed conversations to happ￿ to work logethw in 2025 when the community hall oses- some groups are already ￿MIng into the Churth Hau foT theiT events. The Church also re￿4ve{l funding frcjm Ketvin Vatley Falkirk Communty Loc* Dev8k)pment Fund to engage an architect to investigate possible scen8ri0s to charkga th¢ design arKI layout of the Church building to alk)w for greater flexibility for cc>mmunity events. This has been very well r￿l￿ed by the Church and the Community. held a ¢offaè moming whère around 1CKg people att8nded to gx8mÈno the proposed plans. Our morning worship has seen an irwease Thi numbers and has stabl￿sed al arourtd 16 members each Our Remembrance and Christmas Eve 54¥1￿ have seen many more peopl& attending a doubling of Ihe numt)ers. We look fotward to 2025 wtth excitement as we woth togetherwith the ¢ommunths of Avonlyidge and SlandbuTn to btsild a Gommunty Spa￿ for OU. LINLITHGOW AND AVON VALLEY CHURCH OF SCOTLAND TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Llnllthgow St Mlch891's Church Attendance al our publlc worship ¢ontinua$ lo increase, both in church and at the Serv￿ in Springfield School. Th8 Sunday evening contamporary seNce supported Dy our worship band h88 attracted a mixiure of people from our currant congregation and some new fa￿. Twefvo new mèmbers of Profession of Falth and a futhar fourteen tran8ferring from other churches. There has also been o &gnDlcanl U￿1￿ in the.number of people who have tsken the opportunlty to engage our outreach activtties. Th8 conb'nuing appeal of our Sunshlne Singalong for Memory. and th8 high demarNJ for Parent and Toddler and Jolly Babiès groups and Se9dlings are partswlar examples of (wr succp5s in thls area. With Iiv8- strearning of the Survjay morning servTh in the church and the abiltty to view Ihe sèMGe on ¢8t¢h-up. th￿ enablès us lo extend our mission lo thtsse who are unabb to physi(zlly attend worship sarv1￿$. W8 also offer Thursday Momlng for Coff￿, ￿portUnI￿e$ for firther feliowship 8nd o)nt8mplation vrd a Time for SlSllness In the church egch waèk, Wednesday Prayers, the Chapters Book Club, and a numb&r ol home-based Bible Study groups. In addition to these establish8d activilles, a new group was launched lo provide an opportunlty for ladies to mepl - Fallh Fri&nds Fizz wh￿h is already attracti,Ig beiweèn 2￿30 on a rngular basi8. Sl Mlehael's Guild contiibute gen8Tously lo various caus6s and has grown In wmber durlng 2024. The OPFK)rtunit16s to engage wth our young WFle in dlff8rent sltualions. the traditional Sunday Club, Blb18 Class, Youth F911owshlp and Boys, Br￿Jade supporied by Messy Church. HdKlay Club anrl Lego Church. are a￿ayS under revlèw by our Y¢>uth Work9T and his faithful teaw, of vdunleÈrs. They also cojlatN)iated eJ05ely with our primary chools promoting regular events held in the churcFL The first full year of op8ration ol our n8w accounting soliware package has greatly ènhanced our abillty lo managè our ffnancial Iransa¢tiDn8 and monitor bud98ts. This systom will fonn the basis of the financial management accounts for the new Parish. Aspire Llnlithgow athieved remarkable success ¥wth tb.e sewring of funding just short of £500k. Thanks to our members, the wider communily and our grant funders. Historic Enwrornent ScOt￿nd. The Chureth of Swland General Trustees, The Landfill Communid8s Trus¢ 8nd the Pi￿jnM Trust we were ab￿ lo undertako the renovation ol our Crown of TtrK)ms splre, whlch was ¢ompletoil and dèd1(2t￿ durfng 2024. Transformlng Cross Housè Into a Communlty Hub {A house for thè town). The Fundraising T88m hava now tumed theii attantion to our next major challenge la potential five-year challenge). Thèy have been successfvl in securing approv81 from the Natlonal Herilage Lottery Fund to progr855 to the next stage of the procegs which wlll involve the submissSon of a formal proposal for finanaal suprKJrt to redevèlop CrDss House as a ve*ue which wlll address the needs of the church bul also tho wKler (x)Wirnunty in Linlithgow as well as being a herltAge resourcè for the town. Project 600 - As a Gra￿A lisled building, trd￿sfoMlng Cross w.ouse essential. However, this Is 3lso the case for St Mlchael's Churcli building which Is Grade-A Ilsted. Thfis project which wll also require some consKJerable funding support 18 Intended, as an inlb& phaso, to uThJertake a range of WLvk lo safeguard the fabric of the Sanctuary wlth remedlal work ot7 roof and t*illng timbers. the lining olthe gutters and extra downplpe capaoty. LINLITHGOW AND AVON VALLEY CHURCH OF SCOTLAND TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Safeguardlng continues to ￿ 8 st8nding item on 8ath agerKla of the Kirk Session. We ensure that we comply ￿th both ChLJrch 8nd clvll law r&lÈting to saleciuardlng ol children and vulnerable adults. Our Coordinator and tho support team m8nage Ihis particularfy irnportanl aspect of cKJr responsibllty and are very well versed in tho Church of Scotland policies on safeguarding and oui. Pand continues to be in plaeè. A safèguarding training prLyJrarnrne for Se88ion Trustee8 is also in place. Pastoral support continues to play a wtal part in bolh the life of our churth 8nd thè wdar wmmunity. Elders and Visitors, often being our eygs and ears oiisuring Ih81 our r8SFonse to our people's needs is met. Under thè guidanco of our Pa8loral C8re Team, more '.5pecific needs continued to be met Ihrough pastoral visitors developing supportive relationships wilh people facing signilirAnt thall8rKJès. Thèrè havè bogn several additions to the team and the Iralning providod has t￿n 8pprery¥ted. We continue to wort in partnershp with our invofvem•nt in thè work of West Lothian Foodbank and in Bèthany Trusvs Edinburgh winter slielter. We cMtinu6 to providg vaiuablo supwrt to Youth¥p8ce {prevlously known as LYPP), Christian and Falrtrade movement. In 2024. we have Prov￿ed accomTllLkYalion for First Step lo provid8 storage for foodstuffs whlch a￿ availaLAe lo the local cxjmmuntty on a cOu￿e ofoccasions each week. The development of our Website and FacebcN)k pagè expands our rea(* not only lo our congregalion bul lo a wide and dlverse group wllhin Dur communtty and boyorKI. Obr professionalty edsted Crosswind Magazlne rAnlinued to provlde Interesting stories auoss a wde range ol topics and L8 a welcorned publication within our homes. Thg Electronic Newsletter has gone from strength to Stre￿ now re8ching over 5(K) r8cippnts on a monthly basls. Llnlithgow St Nini#n's Craigmallen Church A Service is held iri the Churth every Sunday moming ￿th additsonal seN(%s at Easter and Christmas, a short SwvI￿ of Readings and Pray8r Is hgld w96kty at lun- .htime on Wednesday4 and there a￿ four formal and three infomial Communion Sèrvieas 8 Year. The SurH£ay Services are broadcast on Zwm for the benefil of those unable to attend In person and 8re 8lso recorded and upbaded to Facebook on a weekly basi8. There 18 a srnall but regularfy attended Sunday Sthool (the Jèsus Faclor). thÈ Guikl whith normally n)ee15 every second Monday from Augijst to MgylJune, the 1st knnllthgow Girf5' Brigade Company. for which is provldes support aNi ov8rs¥Jht, and th8 Eco Group. The Churth worked its way up to ath￿Ving a gold Eco-eongwauon award In 2018 and continues to seek ways to encourag6 p￿pie to think and aet In an Èc￿frl6￿dI￿r way both within and out with the Church to malntain and improve fvrther on the highesl.gold award" status. Cards lo send good wishes and to advertise Christmas SeM¢es a￿ dellvèred lo &very house in the Parish by mernbers asslsled by the local Scixrt Group and rnerv.bers paruciwdte in the dellvery of Easter cards prodU￿d by the Int¢r-Church Forum for every house in Linlithgow advertising the joint Holy Week and Easter Servlces in thé various church8s in tb.e tr)wn. The Church is recogni%ed as having achièved Falr Trade stslus. COn￿Stent with the town of Linlilhgow, whlch has Falr Trads s18tus. M8mb8rs of the congregii liun iegularfy conlribule financlalty to the West Lothian Food Bank and annually contribute More than 10 Christma43 Fcrt)d Hampers which are wt tty3ether arml donated to W8st Lolhian Food Bank's ReverseAdvenl CalendarAppeal. The Church is used as required by members aNI non-members for bapts'srns. weddings and funerals. The Church IS Uged annually for School Easter, Christrnas and end of term SeThices. as well as concerts whi(th benefft 8 numbgr of Charittes. A wod number of rx)n-Church-relat8d groups from the IOLXI CA)mmunity make regular use of thè halls induding th& 1st step Recovery Cale also use part of the grassed area to the west of the halls for raisgd beds to grow fruit and vegèiables which dre used in the meals they p￿Pare. The￿ are olher5 who use the hall on an ad4oc basis su¢h 8$ West Lolhidn Council for Voknng on Polling Days. LINLITHGOW AND AVON VALLEY CHURCH OF SCOTLAND TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Torphlchen Klrk Worshlp is norm8lly wnduet8d In Ihe churth each Sunday at 11.15 am and uslng Zoom at 7.00 ptn. Special seryices also tske place to celebrate evonts of the Church year. We have stroro links WTth Wodd Mission and through our Mission Parinors who Work in Africa Mrilh AIM, we have fomjed a parts)er8hip link with Magina Pr8sbytgrian Church of East Africa. Limuru Presbytery In Kenya. The EcoVCongregat￿)n Proiect ts an integrated syllabus for all churchos, usa iD hélp makg our mission. buildings, wilhness and lrfastyes mor8 sustainable and ￿￿ro￿r￿ent81rY responslble. We w8re the fourth congregation In Scotland gnd thè first in Uie L?thkqns to receive our awartj and have subwugnlty 98in6d I￿r s&cond award. Pastoral Care for thè Community ts promded by the èklers and memt•rs who vislt. phone and sarTrd flowers and Cards lo those whom we a￿ awarè are ill. berèaved. elc. Thé Klrt('s Faeebwk page arKI website are updated regularty with inforrrkgkn ÈboLrt servi￿8 and detalls of local and national church ev&nt5. A member is a represonlatfve on th8 Torphichen Community Coundl. Membgr8 SUPPOrt a vari&ty of charities indJJding Chvistian A'd. W8St Lothian F￿dbank, Sunfiower S¢oUand, Link to Hoptr and the Salvab'on Am)y loy appe￿. Financlal r•view As al 1 November 2024 four chLJrches join&d togethèr in a Union to knnlttFww and Avon Vallèy Church of Sctstt8nd. The remaining nel assets Df the f(xmer U)ree charities joining Sl. Mlchaels Parish Churd) amounted to £263,268. Th6 Iraris8thn w8s at(x￿nIed tsr Jnder A￿Ui￿tiOn AccoLJnting and in ac0)rdSn￿ with the Charitiès SORP FRS 102, the net assets of the former three charfties are in Substan￿ a grft and (yédiled to other incom¢ on the SOFA. Kirk Ses8ion continuèÈ to monitor iftwmè expenditure. W￿￿1 detalléd analysis being und*rtaken monthly by thg Stewardship and Finance Team, Ènd repOr￿r￿j lo the Kirk Session on a regular basis. We have seen a signiflc4nl uplift in our incowne 2nd expenditure dunno L024, party du8 to the transfer of the net assets of three othtsr charitlg5. An overall surplus for th8 year of £211.077 w83 achieved wmh an underlyrng defictt of £52,197 If the not assèts transferred from the other thme churches wore disgarded. Anolher 0)ns￿leratiOn is, much of the grant fvnding receipts in 2023 in re181ion to ￿pItal expendtture projects were sperrt in 2024. With tho help of legacy Incomg totalling £26,344, net asset tsnsfers 01 £183,499 In generdl fvnds on the Llnlon of Churches and an increasg in ragular givtpig by standing order and wee￿Y offerirKJ. our ggneral Sncome has Inereas6d to £66CI.212. Our ￿Strfcted Incorw has deu8ased tl ) £230.911. as a r85uIt of £79,261 raised ITr respect of the Crown of Thoms rapiW prc¥ect and £79.769 restricted funds on the net ass61 transfèrs on th8 Unlon of ChU￿he5, ￿SUlting in overall irKxJm8 of £891,123. The fundraising +eam (x)Dlinurg lo work hard arKI wtth the hdp of our donors, Indudlng our members. the wider comTllunity and grant funders, 2024 has been an incr8d ble year. Our general runnlng ¢osts for 2024 indude our"Giviro to Gro￿ ccffltribution of£157,713 to the natronal church an this remains our largest 8xpgnse. Costs in malntalnlng our propety induding repairs and rnaintenance lor the Churches and other buileings, 3nd energy costs. 8mounted to £118,764. When we add staff costs coundl tax. insuranc8 and many other costs associaled wtth th& wnning of Linlithgow and Avon Valley, our gonerai exp&ndilu for 2024 is £439,37612023 - £339.4231 giving an overall expenditu￿ of £661.3￿ 12023 £628,798) whèn we Indude roslrlcted èxpendlture of £242.014. Planned expendi￿re on our buildings will requi￿ lo be furKled. whether this is essential rna1ntenan￿ or development èxpenditure such as the woposed uDgr&e to Cros5 House. It 15 tts be hoped that the members, supporters 8nd friends of Linlithgow and Avon Valley will continue ￿'r unstinting finanoal support in tho thallenging years ahead. LINLITHGOWAND AVON VALLEY CHURCH OF SCOTLAND TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Reserve5 poIIcy In normal times the TTuFlaes' policy is io sim to hold r88èrves ￿￿1Val￿nt to approxlmatèly 6 months, unrèS￿eIad ex￿ndIt￿re including dg8igi8tsd wrtral funds_ Over the past few yea￿. the TN51￿ have managed lo build up roserves more thar. 'his tsruel in anticipation Df exceptional experyjitsjre on Cross House, and now alscs on the Church, wh￿h is Ilkely lo arnunt to a lar￿ sèven figur& 5Jm. The aim vlill ba to maintain th8 resarv&s at or above the 84nonlh largeL Ri8k Ma￿agMent face several challenges. The average 8ge of OLr congregation contlnues to Increas8. and wè sllll rely on a small numbei of eXtr￿￿elY generous donors for a large ￿e￿ntage c*f our r8gulaT income. The age Df c)ur members poses a risk 1¢) our inconip due lo the 8&d rw.vitatylity ol or the th8t many ￿￿[￿bEF¥ no longsr pay enough tax lo •nabl• u8 to claim ￿.￿. knoth&" budgelary imP8Gt ol an ag￿n5 mewnbership 18 Ihal many tasks rK)w carrisd out by volurit¢¢rs: fflay In luiure requlre profeSsTrDn￿ paid help- incrgasino our wsls. The Finance tgam will Continue lo exptore every avenue to infom Ilie congregatKJn of our SI￿a￿￿. StructUi81 gtsvornanc8 and managgrmnt The Church k8 administ8￿￿ in acc4)rdènce wih the tenns of the Deed crf ConSlltu￿n (Unhary Fom). Th8 trust888 who serogd durlng thp year and up to the dalg of signature of Ihe fin8vGial statsm9nts arp (J91ail8d at AppEidix 2 Thg Pr n￿.PaI oy1￿-b£￿re. are ro.od hel=,.. Recruitment ar,d appoKI.Itment of trustEes Members of the ￿rk S899iI]n ar8 t￿￿. Ghanty tru5tges. The Kirk SessK)n membepa arD th& Trustee Elders of Ihe ehurch Ènd th0$gn From thosg rnemters of the chur&, who are COn5id9red lo b.av8 thè approprfÈl8 gllt8 And skills. On 31 D0￿mber 2024 Ihere wero thirty-aighl Trustee Eldgrs all ol whorn were engagéd :.n currènl ser¢ice. The rninislar, who is a memb8r ol the lthtk Sèssion: is alècted by the CO￿￿gation aNI inducted by Presbyiery. One Tnjsletr is alsts a Trustee ol Yothhspa¢e and Trustees a￿ Trusltres of Linllthgolv Parish Tiusl. Organisatlonal 8tructui'8 Tho Kirk Sosslon, chalred by the mlnister. meets al least nln& tkn*s In a Calendar year. Responsibiif(ies for aspects of thè lifè and we*k Jf Llrlithgow and Avon vall￿ are delegated as appfclprfatè ￿ K￿rk Teams. The tru8ftse8' TWOTI was aprJroi/ed bv tbe B?9rd ofTrvstr8e8. LINLITHGOWAND AVON VALLEY CHURCH OF SCOTLAND STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2024 The Iruslees are responsible for w¢paring the Trustees, Report and the financial statements in accordancé with applicable Lwi and United Kingdom Aw)unting Standards (United Kingdom Generally Attepled ArmurFllng Praeb"¢¢l. The law applicaue lo tharities in Scolland requires the Iwstees to prepare financial statements for ea¢h financial year which give a true and f8lr view of the statè of affairs of th• charrty and of the inctsning Tesourcos and application of r850urces of the ¢harity for Ihat ye8r. In p￿paring financial statements. the Injslees are requwed lo". - select suitable arrL)unling pofxxes and th￿1 appty them ujnsislentty." - observe lh8 mglhods and windples in the Charitie5 SORP" - make judgements and estimatss that are reasonable and pnjdent". - slate whether applicable accounting standards have been folbwed, suw to any material departuros disdosed and eyplainod in Ihe finantxal statsments" and - prepare the financial stslements on the going COn￿M b8sis Un￿$$ it 15 inapprr)pru8ts tr) pr8$un￿ that the chartty wtll continue in operation. The Irustew are ￿spOnSible frjr k88ping suffiaent accounting reoyds that d￿￿Ose ￿th reasonable a￿￿[8¢Y * gny tim¥ the financial position of the thatily and pnable them to ensura that the financia statements compty with the Charities and Trustee Investment {ScoUandl Act 2005. the Charities A¢o)wts Iscotland) Regulations 2006 las amgndedl and the prowsions of the trust deed. They ale a150 responsible for 8afeguardiftg the assets of the charity and herKE lor taking reasotTrable steps for the Prevention and deteciion of fraud and other irfftgulafides. LINLITHGOWAND AVON VALLEY CHURCH OF SCOTLAND INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF LINUTHGOWANDAVON VALLEY CHURCH OF SCOTLAND Oplnlon We have audited the finane481 slatemants of Linlhhgow and Avon Valky Church of Scotland ltha 'charrtll for th year ellded 31 December 2024 whth Gomprisg 1he stslement of financial actiwbes, thè balAncè sheet, the Stalernenl of cash flows and notes lo the finanLaal staiements, induding ￿gnificant accounting poli￿e5. The financial reporting framework that has been applied in Iheir preparab"ov. is applicable law and United Kingdom Accounting Standards, induding Finanaal Reporbng Standard 102 Th6 Financial R&poitng St8ndard applicablg All tho UK 8nd Republio of lTrland (United lfjngdom Generally AtteptedAo)Junting Pra(*"cel. In our opiniori. the financial slalements.. give a tru8 and fair wew of the stale of the tharflls affairs as at 31 Decemter 2024 and of its Incoming resources 8nd Bpplication of reScMJr￿s. for the year then ended." hav8 been properfy prepared in a￿ordanc& wlth United KJ"ngdom Generalty A￿pted Acctsuntlng Practirk; and have been prepai¢d in accordance wrih Ihe requirements of the Charities and Trustee Investment ISc()Ilandl Act 2005 and iegulation 8 ofthe Charities Acajunts {Scollandl Regulations 201K {as amended). 8asis for oplnlon We ¢onduded our audit in accor IISAS {UK)) and applicable law. Our responsibilities under those slandatds aTe further dÈsuibed in the Auditorfs r8spon$ibiliti&s for thg of th& financial statèmènts section of our re￿)TL ￿ are iryjependerrt of thè rtharity in accordan￿ wrfih the ethical requiremanls that are rglevanl to our audil of the finanrAal slalemenls in thè UK, induding the FRC'S Ethical Standard, and we have fU￿lled our othèr ethical responsibilit￿S in accordancÉ with thgsè r￿VireMentS. We believe that the audit OWden￿ we have obtained is suffioent and appropriate to prowde a tiasis for ovr opinion. Conclusions relating to going ¢oncem In auditing the fin3nual statements. we have ojnduded th* the trustees, use ol the going basis of accounting in the preparation of ffinan￿al ststements is appTopriate. Based (>n th8 work we have performed, we have not klentiffed any material uncertainb.es relating to events or conditions tha( indNidually or collectivdy. may ￿$t stgnrf￿anI doubt on the charity's abilty to continug as a going concem for a period ot al least Nyetvè months from when the fjr7ancial statem&nts Are authorised for issue. Our responsibilities and the responsibilibes of thè trusteos wilh respecl to going concem are do￿TIbed in the relevant seCtior￿ of this report. Other i￿orMUl10n The other infom181ion comprises the inf0rTnat￿D ￿clUded in the annual report other than the financial ststem&nts and our audrtorfs rewrt thereon. Th8 tnjstees a￿ responsble the other infomation contait￿d wrthin the annual report. Our opinion on the finanryal 518temgnts d￿$ not coverthe other infowmation and wè do not expr8ss any form of assurancg condusion thereon. Our re5ponsibilty k% lo read the other infoFmation and, in doing so, consider whether the CTrlher informab'on is materially inconsi51ent with the finan¢i81 statements or our knO￿edge obtained in the course of the audit. or othetwise appears to be materialy misstated. If wé identify such malerkal incon51slenci&s or apparonl mat&rial misstatements, we are required to d6ternine whether this gI￿S risé to a matarial misstaten7enl in the finawal stat6ments themselves. If, ba￿1 on the work we have perfomied, we Cor￿Ude that thorp is a matèrial misstalemeni of this other infomiatw)n, we are req¥Jired lo report that fact. We have nothlng to report in this regard. Matters on whlch w• are required to report ty Èx¢èptlon We have nothlng lo ￿port in respec* of thè fOlkn￿ng matters in relation to which the Chatitses Amnts Iseouandl Regulations 2006 (as amended) fequire us lo report lo you rf, wi (xjr opinion.. the inlormation giv8Tr in the finanaal siatements is incon￿stent in any material rè5ped the Ifuslees, report., or proper accounting recY)rd$ have rK)t been kept, or the financia statemènts arè not in agreement with Ihe ar￿)Unting ￿￿rdS,. or we have riot received am the information and eyplanations wè require for our audrL LINLITHGOWAND AVON VALLEY CHURCH OF SCOTLAND INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THETRUSTEES OF LINLITHGOWANDAVON VALLEYCHURCH OF SCOTLAND Responsibilities of tfU5tees As exp18ined tllf)f8 fully in the statement of tW8tees' ￿Spon91b1l1Ite$. the twstees are responsible lor the preparatlon of the finanoal slalernenls and for being satisfied that they gwe a true and fair view, and for s¢Jch intemal wntrol as the trustees delemiine is necessary to enat4e the preparation of finan￿al slalements that are free from fflalerial misslal¢ment. whether due to fraud or error. In preparing the ftnancial statements, the trustees are responsible for assos$ing the chariws abillty lo ctintinue as a going concem. disdosing. as appli¢abb, matters ￿lated to going concerri and using the going ¢on(*m basis of accounting un￿$ the trusfees either Intel￿ lo cease operations, or have no realistic attemalve but to do so. Audittsf¥ msptsnslblllll•8 for tho •udlt of thè financi￿ $tatements We hav6 been aF¥Jointed as 8uditcK under sgttion 441111¢) of the Charities and Trustee In¥eslm$nl 1$￿tland) Act 2005 and report in accordance with the Act and ielevanl Tegulafjuns made or having effect thereundw. Our objoclives are to obtain reasonable assurance about whether tha financial statements as a whole are free from material misstsltsmenl. whether du8 lo fraud ¢Y error. and lo Issuo an auditofs report Ihal includgs our oprnion. Reasonable assuranc8 15 a high level of assuran￿ bLrt is not a guardnlee th* an audrt condvcteij In a¢¢ordance with ISAS IUKJ will always detect a mateTial misstatement when it e￿st5. Misstaternents rAn arise from fraud or error and are considered malerial rf: indi¥idually or in the aggI￿ate, they coukl reasonaw be experted to influence the economic d8ti8ion$ of USOfS tsken on thè basis of thesè ffinan¢ial stslemènls. The extent lo which our procedures are Capab￿ of detectrng irregularities. inthding fraud. is detailed below. IrreguL7ritie5. including fraud, are in3tances of nowmpllancg with laws and regulations. We design procedurés in Ilne with our responsibilities, outlined above, lo detect Mat￿la1 misstatements in respect of irregularilie5, includlng fraud. Ba￿1 on our understanding of the charity and its industry. W8 KlenÉified that th8 principal risks of non- ¢ompli8nce wilh laws and regulations r8lalèd to= UK tax I￿lSL411(1n, pansions legislation, employm6nt re9LAalion, health and safely regulatson, Disck)su¥e S￿tland I PVG requirements. anti-bribory. fraud and money laundering and we considered the 2￿ent to whith nor￿￿MplIanr￿ might have a material effect on the financial stslemenls. We Jlso consid6red those laws and regulations that have a direct impact on the preparation of the finanoal statements, suth as the Charities and Trusloe Invfyslm￿t IS¢x)Ilandl Ad 2005. Charities Actounts {Scollondl Royulalions 2006 {as amended) and the Charibes SORP {FRS 102). We ovaluatees and PrO￿U￿$ regarding [￿mPli8n¢e vitth laws and regulation8'. Communicating identtfied laws and ieguFalions thro(Egh¢xrt our ￿gagement tsam and ￿aining alert lo any indications of non-comp11ar￿ throughotjt OUT audtt: and ConsideFing the risk of acts by the charrty whk* were o)nts8ry to applic￿tr L3w5 and tegulation8, In(luding fraud. Rewewing for legal fees incyjrred in the year for indicabons of nOn-￿mplanCe or IFtwJalK)n. Rewewing minutes of trustees. meetiThJs for Indicati￿ts of r￿)n￿pl1an￿ or litigation. LINLITHGOWAND AVON VALLEY CHURCH OF SCOTLAND INDEPENDENT AUDITOR'S REPORT {CONTINUED) TOTHE TRUSTEES OF LINLITHGOWANDAVON VALLEY CHURCH OF SCOTLAND Our audf( procedures in relation lo fraud ivduded bul were not limt18<1 to: Making enquiries of the tru5tee5 and management on whelherlhey had kn(Nled99 of any act￿1, suspected or all&gad fi2LKJ', Gaining an understanding of the inlemal o)ntrol$ t¥taN18hed to mib.gate ri>k¥ related lo fraud.. CI's¢u88ing a￿9st the engag8menl team the rEsk8 offrwjd.. and Addr&ssing the f￿kS offtaud throu￿ M￿a98m￿tt ov6nid8 of tort￿8 by p8rform1nylo￿rn8lantry t6sting. Perfomiing tximletgness t48ting and a9r88ing r￿lots lo subsequenl bank lod98rn8nt. Revieiv6ng bank stateirenls and nominal ledoer IransactTon¥ for laffje or unusual itwns. Perfomiing anatyb'cal review lo idonlty unusual trends and v*iances. Because of th¢ Inwent Ilrnitations of an audit. there is a ri¥tk that we wai not deteLt all irregukrities, including th0$9 adlng to a matarial mlsstatement In Iha finanLyal stat￿mentS or noW0m￿lat￿e vjith regutatiuns. This risk inc'.eases the more that cJxnpliatKe with a law cr regulation Is removed f￿rn the events and Iransadions re￿ected in the finanual 8tatements. as we wil bo l*ety to r*come 3x12re of inslBnces of non-Q)mpliance. The risk is also ￿￿ater regarding irr8gulaTTti68 occuthng due lo fraud rathor than orror, 8$ fraud inv￿V8S kn1on;IDnBI forgery, cd.:usion. omis&on or mtsrepraseniation. Th8 prmnary reBpJnsbility loi the piavention and detection of irregularities induding rests with management A furthgr d8saiplioii ol our Trsw)nsiblNlies & 8vallabJ8 on Ihe FI￿and￿ Reportlng Counrjl's webslte al.. https'.11 .frc.Ofg.uklaL.dilorsr&sponsibililies. This desuiplion fomis part ol our au&[t￿S rqx)rl. U84 ofourwort This report 1$ made sO￿ty to Ihe challws trust￿. 88 a ￿dy. 8ccoidanc8 with 10 of the Charitlès Accr)unts (Scotlandl Regulations 2Q06. Our audit woeL has been undertaken so that w8 misht 8tat8 lo Ihg th8rfty'$ trustees those nallerswe a￿ fequifed lo stsEe to Ihem in an aLtditorfs ryrt and for 110 other purpose. To the fidlesl extpnl perrnitted by Lwi, we do not a¢>xpl or ossume responsibiliiy to aryone other than the the tharity's trustees as a body. for ouraudrt worK. for this repots.. orforrthe opinions we have formeo. -fhE A1 S￿l￿r StalJrttsryAudltor) for and OTr ty¥half of Tho A9 Partngrshlp Lirnitsd Ch•rt¢r¢d 9￿coUnt￿lS statutory Audi*r Aberlxm Sthool Newton EH52 6PZ The Ag Parhership Limited k% el￿1b18 for #pwintsrent as audkn of the dBrity by wrtue ol its fcr appointment 88 audrtor of a urthr $8ctK)n 1212 ofihe Gon)panies Ad 21Kk->. io- LINLITHGOWAND AVON VALLEY CHURCH OF SCOTLAND STATEMEirr OF FINANCIAL ACTMTIES INCLUDING INCOME AND EXPEND￿ URE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestrfctod R•stri funds 2024 Total ilnrestrlcted Restricted fund$ funds 2023 2023 Total 2024 2024 2023 Note8 lrncomo and en(loMnents from: Donations and leg8a8S Charitable activ*ti'es Other trddlng activities Inveslmgnts Other income 424.211 6.975 34.745 10,782 183.499 71.881 441.121 5.135 26,822 5.692 449,169 5.135 26,822 5,692 230,204 6,975 34,745 10.782 342.529 159.030 230.204 Total Income e60,212 230,911 891.123 478,770 238.252 717,022 Expendituro on: Raising Charitablè 2Ctiirit18S 515 438.861 17.410 17,925 224.604 663,465 4,243 335,180 18.246 271,129 22,489 606,309 Total expenditur 439,376 242,014 681,390 339.423 289,375 628,798 Nel gainslllosses) on investments 13 1.338 711 711 Nat Incom￿(expandituTQ} 222,174 111.103) 211.071 140.058 (51,1231 88,935 Transfers btheen fijnds 114.553) 14.553 (2,070) 2,070 Net movoment in nds 10 207,621 211.071 137.988 149,0531 88,935 R8con¢lllatlon of funds: Fund balances at 1 January 2024 644,575 158.376 802.951 506.587 207.429 714,016 Fund balaD¢e$ at 31 Oecember 2024 8S2.196 161.826 1.014.022 644,575 158,376 8Q2,951 The 8tslemBnl olfinanryal acbvities incliths all gains arKI losses rewJnised in the year. AU In￿[¥￿9 and gxpendiluie derive from continuing aCt￿￿e$. Thè 2023 CoMpara￿ve figvres represènt St Mthaefs Parish Churth 3nd the 21Y24 ftgures ￿present St. Mi¢haefs Parish Chlfrch 1st January lo 31st Octobw and Linlithgow and Avon Valley 1st November to 31st Decernber. 11 LINLITHGOW ANDAVON VALLEY CHURCH OF SCOTLAND BALANCE SHEET ASAf31 DECEMBER 2024 2024 2023 Nc*ts• Flxod as&4ts InY&stmants 15 244.828 221,813 Cunèntassets Stod(8 Debtors Cash al bank and in hand 16 17 3,274 22.750 784.234 18,173 590.196 810.258 608,369 Cr9dltoYs: amounts falllng dvo withi ON yaar 18 127.031 Ngt curront a55•ts 789 194 581,338 Total asyets leBs Nirrent IlabS1111Ès 1.014.022 8J2,951 Nèt a&s•ts 1.014,022 802.951 Th# tunds of the chaiity Re8tricted fund8 Unrestncted fvnds 161,826 852.196 1S8.376 e44,575 1,014,022 802,951 The 2023 ￿MpardI￿ve figures represent SL Mithaefs Parish Church and the 2024 figures represent Sl. hli¢ha8f$ ParFsh Church 1st January to 31st 0(a0b￿ ar)d LintthgN and AwTon Valley 1st. Novem￿r trp 31st D￿M￿Or. The finallc.'£l slaleiren-* were 2 roiiefj b ihe -.w. LINLITHGOW AND AVON VALLEY CHURCH OF SCOTLAND STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Cash flows from Opern￿ng activities Cash genefat8d from operations 26 181,538 81,040 Invosting acU7Aties Proceeds from disposa of investments Investment income ie¢¢Ned 1,718 10,782 5.692 Net ¢a¥h gongr4tgd from Investing activitleg 12.500 5.692 Net ¢a$h u$8d In flnancing activitigs Nol incrnase In cash and wh oqulvalents 194.038 88,732 Cash and cash equivalonls at beginning of year 590,196 503.464 Cash and cash gquivalents at end of y¢ar 784,234 590,196 13- LINLITHGOW AND AVON VALLEY CHURCH OF SCOTLAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 310ECEMBER 2024 Accounting policios Chartty Infomiatlon Linlilhgow and Avon Valley Chur(* of &xUand is an unincorimted association based in Scotland. Th& prinapal offi¢è is .. Cross House, The Cross. knnlith9ow, Wesl Lothi8n. EH49 7AL. 1.1 Aecounfjng conven￿0￿ The financial slalements have b￿rt pr8par9d in a¢tsydance with the tharivs governing documsnl. th& Chario'es and Trustee Investment (Scollandl Acl 2Th)5, the Charrties Accounts IScoUandl Regulations 2006 las amended), FRS 1 (Y2 'The FinanL?al Reporting Standard a￿leSb￿ in the UK and Republic of Ireland. rFRS 1021 and the Charities SORP "Accounting and R8F)Orttng by Charities." Statement of Recommended Pract￿£ appl￿b}e to charities prepaying their a¢¢wnts in acc4Jrdance wr(h the FinancAal Reporting Standard applicable in th& UK and Republic of I￿talld IFRS 102)" {effectiva l January 20191. Th8 d)#rity is 8 Publlc B8nefft Entity as dèfinéd by FRS 1Q2. The Inanual statements are prepared in ststiirtg. whth is the fijnctional cEtrrenoy of thg chartty. Mondary amounts in th8s8 financial stslements are rounded to the neatest £. The financsal statements have bean prepared under the historical cost convention, modlfiod to indude the revaluation of freehold prop8rti8s and lo indude inve5thients and certain finanoal instruments at fair value. The principal accounting policiès adopted are sel out bd(M. 1.2 Going concern Al the time of approving the financ4al slalements, Ihe tru$teg8 a reasonable expec*ation that tha charity has adequate resources lo continue in owr3tional existen￿ for the foreseeable fvtur$. Thus tha Irustsès continue to adopt the going cancem basis of ae¢ount*ng in weparing the financial slal¢m8nts. 1.3 Charftable funds Unrestricted lunds are available for use at the ¢JisrJetion of the tn￿teeS in furtherance of their (*aritabte obieGtiv¢s. If parts of the unreslrided frJrKls are earmarked at the discretion of the tw$lees for a parhcular purpose, they are designated as a separaie )lJnd. This designabon hay an administratÈve purpose only and does not ￿gaNY restrict the IrusteBs' disuetion Io 8PKAy the furKf. Restricted bjnds are fvnds subject lo spetifitt iequiRments as to their use whith may be dedared by the donor or with thelr authority or created through legat pro￿sses, within th8 wider obiects of the tharity. Endowment fund5 are Subiect to speuftc cond(tsons by don¢)TS that the capttal musl be maintainèd by th& charity. But the income therefrom is used for the PUTFM)se defined in accordar￿ wth th8 obieets ofthe charity. IA In¢¢m$ Income is recognisèd when the tharity is legalty entitled lo it after any performan￿ ￿nd￿On$ have been mel, the amounts can be measured reliabty. and it is probabk Ihat in¢om be recefvéd. Cash donations are recognised on rec¢ipt. othgr donabons awe recognised once the charity has been notrf￿d ol the donation, unless perfoimance WTK1[t￿nS require deferral of Ihe amounl. Income lax recoverable in rétallon io dtywUons re¢ei¥ed urider GiftAtd or deeds of rjjvenanl is re(x)gnlsed at the time of the donation. Legacies are recognised on recApt or othèmtse if the tharTty has been notff￿d Of an impending dtstribut￿￿, the amount is thown, 8nd ￿1p1 is expeo*ed. Ir the amount is Mt kntYMI. the leyacy is twled as contingent asseL 14- LINLITHGOW AND AVON VALLEY CHURCH OF SCOTLAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting poll¢l IContinu8d} Donated professional seNces and donated ts(Ylilie5 are recognised as income when the c*arily has control over the item, any conditions a5souated with Ihe donated item have been mel. the receipt of economic benefll from Ihe use by the charity of the item is probable and that e￿nOmiC benefit (2n bè measured reliably. In a(thrdance with the charit￿s SORP IFRS 102) the genernl y￿unte&r lime of the cx)ngreg8tional members is not recogni$ed. On receipL dctrnated prOfe￿Onal servi¢es and donated facAltknes are re￿gnised on thè basis of the vatue of the gift Its ltte (*arrty which is the amount the charty would have been willing to pay to obtain s8nrices or facilibes of equivaknt economic b8nefrt on th8 OP8n markèt", a c￿￿&spondIng amount is then r@cognisad as expenditure in th8 period of r8c8ipt 1.5 Expendtlurè Expenditure is reeognised on¢8 Ihwfy is a bgal or cons1r[￿tiVe ON￿atiOn to tr8nsfer economlc bengfil to a third party. it rs probable that a transfer of economic beneffts Mll be requi￿1 in setlemenl, and the amount of the obligation can be mea8ured reliably. ExpenditUTe is re￿rded indusrve of irrecoverable VAT. Expondlture is dosstfied by acti¥ity. The costs of eadi affj mado up of thg total of dI￿t costs and shaied Gosl$, including sUPPOrt costs involved in undertaknng each aGtivtiy. D￿ect C051s attilbutable to a single acliwity are allocated di￿¢￿ to that arAivrty. Shared costs which rx)ntribute to more than one activrty and support costs which are not attri￿table lo a singbe actiwty aTe apportioned befv￿en those aCtiv￿eS on a basig Consistent with the use of fesource$. centr￿ staff costs are allocated on th& basis of lime spenl and dep￿al￿On charges arè alloe2t8d ￿ the portion of the asseV$ use. 1.6 Tanglblo fixod assets Tangible fixed assets h&ing a cost great￿ than £3.OC(l and a Use￿1]rfo of * least 3 years 8re ¢apltslised and initialty measured at Cost or watuatkjn and svbsequenty measured at fj0s1 orvaluats"on, net ofdeprriatlon and any impairmenl105$es. Depreualion 15 PTowded on a 5traightrline ba￿S to write off the cost or initial value over a 3 year peTtod, bul in exceptional circumstances, with the approval ol SeSS￿n. this may be extended on indimdual assets to a maxlmum ofts¥enty y6ars. The ¢harity has the rKJhl lo owy and use foi its tharItsb￿ objects cethn tangible fLxed assets, induding.. Church buildings, Cr055 House. Halls and Manses. vested in the Church ol Sc￿land General Trustees. No considèration is payable for the use of these asset& Expendibjre incurred on the repair and mainlenanre of these assets is ¢harged as resources axpended in tho Stslement of Finan(#al AcfvIt￿ in the period In whi¢h the liabilty arises. 1.7 Flxed assel investments Fix6d asset investments and investment property are initially measured at transaction PlTf* induding transaction costs. and ar8 subsequently rrwsured at fair Yalue al ea¢h reporting date. Changes in fair value are iec4Jgniaed in rbel In(￿e[(eXpendILUieI fot the year. TTaHsaction c￿sts are expensed as incurred. 1.8 stocks Stoth are staled at thè lower of cost and estimated selting pfFce less costs to complete and sell. Cost comprises direct malerlals and, where apFAicable, dirert laLK)ur wsts and lttose overheads that have been i*Kurred in bringing the stocks to th￿r PTeseiit lothon and (x)ndiiion. Items held for di8tribution al no or nominal constderalion 8re measured the k)wer c*f re￿￿ment cost and cost. Nel realisable value is the estimated sdling all estimat8d costs of o)mpletion and ￿$ts to be incurred in marketing, seling and dislriLMrtK)n. 1.9 Cash and ca$h èquiv•lents Cash and cash equiwalenls irKaude ￿5h in hand. dew)sits held at cam wlh banks, olher short-tetm liquid investments with or*Jtnal matUr￿eS of thtee nionths LY th, aThJ bank overc*rdfts. Bank overdrafts are shown within bortowings in Current 11alm￿￿es. 15- LINLITHGOWAND AVON VALLEY CHURCH OF SCOTLAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies Confjnuèdl 1.10 Flnanelal Instrumants Th6 ehatity has elected lo ap￿Y the pro￿S1onS of Section 11 'Ba5ic Financial Instruments. and Secbon 12 'Othor Flnancial Instrumants Issues. of FRS 102 to all of Èts financlal instruments. Financial in51rumenls are rè(x)gnised in the ¢h81itls bal8nL* sheet when the Charty becomes party to the contractual prowsions of the instrument. Fin8n¢ial agsets and liabilibes a￿ offse( ￿th the nat amounis prosanted in thg finan¢ral statements, when there is a legalty enforcèable right to set off the ie(x)gnisfjd amounts and 1hetg 15 an Intention to $ettJe on a net basis or lo ￿a￿'se the asset and sotde Ihe liabdÈty Si￿ul1a1￿Usty. 8a$i¢ flnan¢lal assèts Baslc financial assets, which include debtors and cash and bank balances. are initially measured at Irans8¢tion prica induding transaction cosis and are subsequantly carrièd at amortis•d o)st using the effectNe inlereBI method unless the arrangem8nt con51ilules a finanong Iransactiorb, where th8 transaction is measured at the present value of the fubjre iecelpls rf18(¥)unted at a mathet rale of inlerg51. Finan￿81 assets d8ssffi8d as rgceivable within one year are not amorttsed. Baslc financial liabiliti Ba510 finarri81 liabilttias, induding cxèditors and bank loans ar8 init*lly racognisad at transaction price unless the arrangement Constitutes a finawng tr8nsa¢b(m. whère the debt instrument 1$ measured al the present value of the firture payments discounted at a market r8fe of irrterest. FirwKyal liabiltb.es dassrfied as payable wvchin onè year are not amortised. Debt instrumen15 arg subsequentty carried ai amorlised cosL tssin9 the effeclive Inte￿51 rate mèthod. Trade creditors are obligations to pay for goods or se￿￿$ that have been acquired in the ordinary (x)urse of operations from suppliers. Amounts payable are dassified as ojrrenl liabilities if paymenl is due wthin onè year or le$s. If not, +Jw are p￿Sented as nowurrent lTraknlities. Trade credf(ors are recognIs￿ inilialty al transaction price and subsequently mèasured al amortlsed cost uslng the effe1x1￿ intérest mèthod. Dere¢ognition of finan¢lal IlabSlltles Financial liabilit48s are derecognised when the chariWs contrac*J31 obltgalions expire OT are discharged or cancelled. 1.11 Employee bentfits The cost of any unused hdh*ay entitlement recognised in period ￿ whith the employee's seTvlce8 are recelved. Tem)inalion beneffts are recognised immedialety as an expense when the tharity k8 demonstrably commltted tr) tetrninale the employment of an employeè or lo pro￿de temiination b&nèffts. Payments lo defined contribution reliremenl benefit sc*emes afe as an expense as they fall due. 1.12 Rèdrement benefts Paymènts to defined ￿ntributiOn relirement benefil 8d￿Me$ aft as an expEnse as they fall due. -16- LINLITHGOW AND AVON VALLEY CHURCH OF SCOTLAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024 Critical accounting •stimal8s and ludgèments In the applicat￿n of the charivs accounting PK)liaas. thè tnjstees are iequired lo rnake judgements, estimates and assumptions about the ￿ryIng amount of 3&8ets and liabiTities that are not readily apparent frorn other sources. The estllmates and as$ooHted assumpb.ons are based on historical experien￿ and other factors that ar¢ considered lo bo relgvant. A(#ual Tesults may differ trom ihes8 estimates. The estimates and underlying assumptions aro rèyiswp(l on an ongoing b85i5. Revisions lo accounting estimates are recognised in the period in which the ests.mate is Tevised where thè rewS￿n aff8Cts only that period, or in Ihè period of thè remsion and futuie periods where the rewsion affects both Current and fu¢yr8 riods. Income from donations and legael•s Unrestrictod Restrfeted funds nds 2024 2024 T¢tsl Llnrestrictsd Restrfcted funds fvnds 2023 2023 Total 2024 2023 Offerings Tax Recovered on Gift Aid Lggad8$ Olh 317.037 70,855 71.468 413 388.505 71,268 25,344 10.97S 268.121 55,876 107,403 9.721 4,633 3.415 272,754 59,291 107,403 9.721 10.975 424.211 71.881 496.lJ92 441,121 449.169 In¢oThe from chaTilable activit￿6 Unfestricted funds 2024 Uttrestricted funds 2023 Charltable activltFe5 WeddTr￿S and fijnerals 6.975 5,135 Incomo from othw tradlng actlvlO¢s Unrestrlctad Unr•strictod fund8 funds 2024 2023 Use ot Premises Visitorfs Stall 31,208 3,537 24,080 2,742 (Xher trading actnrities 34,745 26,822 Incorne from renting out lQrkgale flat is [r￿]Uded in ilse of Premises.. as in pre￿ou$ years 17- LINLITHGOWAND AVON VALLEY CHURCH OF SCOTLAND NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Incorne from investments Unrestrlct•d Unrestrlctsd fund$ fund8 2024 2023 Diwdends re¢eiv9d Deposit interest Bank Interest 398 785 9,599 5,034 10.782 5.892 Other Incom• Tolal Unrestrlctod RoStrl¢tsd funds funds 2023 2023 Totsl funds 2024 2024 2024 2023 Net Assets transferred on Union of Churehes Fundraising for Crown of Thorns 183.499 79.769 263.268 79.261 79.261 230.204 2&),204 183.499 159.030 342.529 230,204 230,204 The v81u& of Nel Assets laken over upon the Union of Chur￿￿ Is in sUbtan￿ a gitl in accordan￿ with the Charities SORP FRS102. Expenditure rjn rnisiny fund Unroslrlcted Rastri¢tsd funds funds 2024 2024 Total Unrestricted Restricted fund$ fvnds 2023 2023 Total 2024 2023 Fundralslng and publlclty Visrtofs stall Lrfe and Work Church magazine Project SOO Cross House Crown of Thoms (1.5901 63 2.042 {1.590) 63 2,042 8.155 7.335 1.920 1.569 1,569 84 2,590 2.590 8,155 7.335 1,920 9,600 8,646 9,600 8,646 515 17.410 17.925 4,243 18.248 22,489 18- LINLITHGOWAND AVON VALLEY CHURCH OF SCOTLAND NOTES TO THE FINANCIAL STATEMENTS (co￿riNuED) FOR THE YEAR ENDED 31 DECEMBER 2024 Expendttur& on ¢haritable actlvllias Charltab Athltl&$ 2024 Charitable Activities 2023 Dlreet ¢osts Staff costs Giving to GrowAJlo(ztio Presbytery Dues Minislerfs Expenses Fabric Repairs & Maintenance Council TaxAnsuranc 0th8r Bulldings Costs Organ & Audio Chureh Office Expenses other Exponses Crown ofThoms Cr053 House 82,228 157,713 3,4TT 2,508 80,419 25,484 38,345 71,798 149,220 3,228 2,647 20,149 30,305 24,283 1,280 10,341 27,087 265.971 18,369 33.980 203,354 16,721 663,465 606,309 Anatysl$ by fund Unrestricted funds Restricted funds 438.861 224,604 335,180 271,129 863,465 606.309 Suppcrt r￿sts have not been separ*ty identsfied as the tNstees LY)n5ider there Is onty onè t*aritable a¢twty. Thèréfore support cJ)sts relate whony to that activfy and have not been sep4ratety Identified. 10 Not movèment in fur￿3 2024 2023 The movement in funds is stated after Ch￿Ing1(￿edIting). Fees payabl6 to the charity's auditor. - for the audit ol thè charÉty's firbanaal stslements - for the prepara￿On of the thanaal statement$ - for payroll and Xeio services 7,200 1,200 6,000 224 11 TnMtees' Remuner4llon and Related Paity Trnnsactions DurfrvJ the year, Injstees rècevÈèd reimbursement of expense5 lOt&4￿g £4.616 (2023- £5,111) whllsl 8Ctlng as agent of the chaiTty. These expenses did not rdate to their rote as trustees. 19- LINLITHGOWAND AVON VALLEY CHURCH OF SCOTLAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 11 Trusts￿, R•munoratlon and Related Party Transactions Icontlnuedl Nc* trustee or person felated to a tsustee had any personal inter6sI irs any cvnlract or trans8¢Xlon entered into by the charity during the year. No Injstee received any remun8ration or benefils for the year. Dut(ng the perKJd 1 $1 January 2024 to 31st Oclober 2024- 69 trustees d(Thted £74,31S. During the perl)d 1st Novembgr 2024 to 31sl Oecember2024- 26 trustees donated £4,890. During the prior year ended 31st December 2023- 70 trustees donated £86,332. There were no othw d￿¢b)Sab[e related paty transac*ons during the year {2023'. non81. 12 Employoos The average monthty number of em￿oYeeS during the year was: 2024 Numb•r 2023 Number Employment costs 2024 2023 Wages and salaties Other pension costs 81,873 355 71.4T7 321 82,228 71,798 All Church of Scotland ts)ngregath)ns i¥Jntrlbth& lo the National Stipend Fund vthTch bears the costs of all rlllnislers, stipends and employers contn"bubons for national insurance, pension and housing and loan fL*nd. Minislers. stipends arè p3td in a¢A>)rdan￿ wth the national sliperid scale. Is retaled to years of Ser￿e. For the year under rewew the minimum stipend was £28,700 and the maxirnum stipend (in the 5th and subsaqu8nt y&arsl £35.269. EmrAoymenl o)sls ean ba as lo￿$ Youth w0￿er and Earty Years w0￿er £39,091 12023". £36,035I and Othar Staff Costs £43,138 (2023.. £35.763). Thère wer8 no employees whose annu￿ remunerabon was mC￿e than £60.000. 13 Galns and losse5 on Investments UnYe¥trlctsd Unrnstrfcted funds funds 2024 2023 GainslOosses} arishg on.. ReiJaluab"on of invèstments 1.338 711 LINLITHGOW AND AVON VALLEY CHURCH OF SCOTLAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 14 Tanglble flxed a¥Dsets Freehold land and bull¥#ttgs Cost Charity comblnalions Disposals 1,640,000 11,640,000) arrylng amount Al 31 Decomter 2024 At 31 December 2023 The land 8nd buildw￿S taken over on tho Union of Churches were valued 81 f8lr value by a mlxture of both inlemal and exlemal vsluers. that were suitsbty quallffied. It was part of the agreement that upon tho Un￿n of Chu￿heS thè land and bulldijws held by thè fomer ¢*ariUes would bg d1$￿Se￿ of and tillè transferred lo the General Trustees of the Church of Scolland for no conslderation. This dr6posal w8s complBted before thg year end date. 15 Fixed a¥set itrw8stm8nts Inygstmènt Portfolio Land Total Cost or valuatloii Al 1 January 2024 Additions Valuation eharo88 9.946 22,358 857 211.667 221,613 22,358 857 At 31 DQcemL￿r?o24 33,161 211.667 244,828 Carrylng amount Al 31 D&cember 2024 33.161 211,667 244,826 Al 31 December 2023 9.946 211,667 221,613 Investmgnts aré h81d primarity to an irwestmenl retum forlhe Cha￿ty. Session Lands of klagdalgn117.45 Hal were v8lu8d by CKD Galbraith LLP. qualified Chartered Surveyors on 26th March 2.01JC at an open matket value of £635,(KJO folknwing the rezoning within Ihe Wèst Lothian Development plan in September 2018 of 3.1 Ha as suitable for J housing development. Two thirds ol th8 proceeds on sale would be due lo ￿nIlthgOW Par,sh Trust and as such only one thlrd of the valuation has b8èn IriGluded within thé financial statements. 16 Stocks 2024 2023 Finished goods aiid good5 for resa 3,274 21 LINLITHGOW AND AVON VALLEY CHURCH OF SCOTLAND NOTES TO THE FINANCIAL STATEMENTS {CONTINUED> FOR THE YEAR ENDED 31 DECEMBER 2024 17 Debtors 2024 2023 Amounts falllng due wlthln ontr yw. GiftAld Tax R8funds Du& Other debtors 12.428 10,322 3,201 14,972 22.750 18,173 18 Crodltors: amounts falllng du8 withln on• y•ar 2024 2023 OlheT tsxatSon and soci818ocurity Trade cr6ditDrs other BrFditors Accruals and dgfeThed income &17 3.432 17,149 19.936 888 11,626 14,517 41, 27,031 19 R•tlr•ment bgn8fi1 schemès 2024 2023 Defirt¢d contrfbutlon sch•m8S Charge to profil or loss In rwect of dofined Contribu1￿ stheme8 355 321 The tharity operntès a defined contribulion p8nskn) sthe￿ for all qual￿ng employees. Th$ assets of the sch8me are separalgty frcKn th080 of th& charity in an independenuy odminist8￿ fund. LINLITHGOW AND AVON VALLEY CHURCH OF SCOTLAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 20 R•$trl¢ted funds The restricted funds of the charity comprise the unexpended balan￿S of donations aThJ grant$ held on trust subject to sp8ofc conditsons by donors as to how ty may be used. At l January 2024 Incoming Resources rn50urces expended Tra￿fer8 At31 Decomber 2024 Cros8 Houge Proj8 Audlo Visual Equip New Venture$ Outréath Projects Organ Fund Kirkgate Ukraine Crown of Thorns Fund Project 6C st Ninian's craigmal￿n Fur￿5 Torphichen F8bri¢ Development Fund Avonbridge Kenya Fund Torphithen Magina Fund 15.481 17.462 7,238 2.229 (24.0561 2,553 11,440 7,238 16,361 373 12,660 1,902 1,626 31,162 5,887 15.365 373 9,508 2.010 115.839 11,233) 3,752 1.883 79.281 39.317 5.887 (600) {1,9911 1205,2741 {8.1￿) 12.C(10 73,066 111 705 (705) 158.376 230.911 1242.014) 14,553 161,826 Previous year: At 1 January In¢omi 2023 ￿soUrceS Resource5 expended Transfers At31 December 2023 Cross House Projects New Ventures Outreach Projeo*s Organ Furbd Kwkgate Ukraine Crown ofTl¥Jms Fund 25.081 25.29] 353 6.472 5,586 144,647 19,6001 11,562) 15,481 15,365 373 9.508 2,010 115,639 2.027 20 (10,370) 13.576) (274,617) 233,169 12.440 207.429 238.252 1289,375) 2,070 158,376 -23- LINLITHGOWAND AVON VALLEY CHURCH OF SCOTLAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2024 20 Rèstrlcted funth {Continued) Cro$8 House Project Funds Improvements lo Cross House Audio Visual Equipmgnt Funds re￿Ned for major improvements to the Church and Cros8 House audK) visual equipment New Ventures Funds receNed for the ￿MMen￿Ment of new thurch activity in the community Outrgath Projects Funds recoiwd for thfr contthuing work of a wide r8nge of outre8th P￿e(l￿ Organ Fund Funds received for Fepair arnl Maintenan￿ of Sl Michael's organ Crown of Thoms Fund Funds for ￿SloratIon of Crown ofThoms Kirkgate Ukralne Funds raised to meet the ¢))sts of hosting a Ukranian famlly Project 600 Funds iai*ed lo address the major threats to the inlegiity of the i*urch buikling. induding replacement of timbers. laad-lining 91 LrtteT5. installation of new rainwater fvrnitui8 at)d a new rainw316r drainage sollthn. l(yJothor with repair or ￿p1a¢eMonI of damaged Ston￿0[ Sl Ninians CraigmaiFen Funds Torphichen Fabric Development In anticapation of fflapjrwork on Ihe ￿tk and St Johns Hall Torphichen Magirsa Fund Fund5 to suppc¥t bnked 0)Trgrega￿n in Magina Avor)bridge Kenya Fund Funds lo Sup[￿ Churth y￿F￿ in Magina Restricted Funds for St Ninian's Craigmailen is made up of the fc41owng.' Fabric Fund £1,125 Benevolent Fund £978 Sunday School Fund £1,371 Choir Fund £1,396 Flwer Fund £242 Soun¢J Syslem Fund £468 Stonework Fund £307 -24_ LINLITHGOWAND AVON VALLEY CHURCH OF SCOTLAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 21 UnmtriGtgd fund¥ Th& unfestricted funds of th$ d)arty compiise the ur￿Xpended balarKes of donations and grants which are not subieth lo spectfic rx)ndltion5 by ¢Jonors and grantors as to how they may be useil. These incjude designated funds which have been set aside out of unrgslrt(#èd fijnds by the Iruslees for 5pecfft purposes. At 1 January 2D24 In¢omiTr rn¥ovrc Resources expend•d Transfers Galns and lo$#es At31 DeCem￿r 2024 St Mlchael's Fabfi¢ Fund Sl Ninian's Cr8igmail8n Fabric Fund Torphicheu + Avonbrridge Fabric Fund Ukraine Designated Funds St Mid)aal's Gulld St Ninwn's Crasgmailen Guild Parent & Toddler ToTphichen Youth Club + TACO Funrf Gan¢ral Fund ReseNe Fund 127,373 {12,0￿) 116,335 39.f65 444 39,609 20.567 (3.8961 37 16,908 12,460 1,031 3.331 17W2) r2,￿5) 1,035 (114) 1.852 5.826 5,2¥J {1.405} 9.514 1,469 433,014 220,￿0 581,459 (433.164) {24.14n 24.129 857 195,871 644,575 6PA).212 1439.3761 114.5531 1,338 852,196 LINLITHGOW AND AVON VALLEY CHURCH OF SCOTLAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 21 Unrnstricted ful￿• IContlnu•dl Pré¥lou$ yèar: At 1 January 2C123 Incoming rnsour¢os Resources •xpond8d Transfers Gains and loss At31 Decernber 2023 Fabric Fund Other 09signaled Funds Ukraine Dèsignatgd Funds Guild P818nt & Toddler Gen¢ral Fund ResaNe Fund 122,947 4,426 127,373 1.438 (1,4381 5,227 3.246 1,438 P,070) 6,665 1,031 1.417 {1.562) 2,W5 182,909 195,871 4,795 461.076 {1,174) {336,687) 5.826 308,009 1￿,871 711 S(￿,587 478,770 {339.423) (2,0701 711 844,575 Dos1gnat•d Funds Funds set a3ide for spécth purpo8e8 Fabrrc Furld Fund$ sel asKle for nowotiline upkeep of the thur¢hes buitdings Ukralne Fund Funds set ashk lo support Ukrainian famllies liwng in Linh'thgow Guild LinEthgow and Avon Valley Churth of Scotland- Sl Mir*ael's Guild nklhgow and ATr￿n Val￿Y Church of Scoiland st Ninian'8 crai9mw1￿ Guild Parent & Toddler The Parent & Todder Group who ffleet two mornin9$ ¥ week in Cross House Torphichen Youth FurKI and Taco Fund Fund5 forY(Kth Cfub use and Orthestra G•n8rn1 Funds General Fund The rouline Irm￿rne and eX￿ndI￿le of the year. The balanc& 1$ Resorve Fund The accJJmulation of prtor years. surpbjses pfus any exceptional LINLITHGOWAND AVON VALLEY CHURCH OF SCOTLAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 22 Anatysls of nat as•èts ￿t￿¥en funds Unwtr(¢tod fund¥ 2024 Rèstri¢tod funds 2024 Total 2024 At 31 DpGembgr 2024: Investmen18 Currènl assÈ￿OabIIit￿s) 244,828 J7,368 244,828 769,194 161,826 852.196 16f,826 1,014,022 Unrestri¢t•d Restrlcted funds funds 2023 2023 Total 2023 At 31 Dgcembèr 2023: Invesltnents Currant a&selsllli8btliltes) 221.613 422.￿2 221,613 581,338 158,376 644,575 158,376 802,951 23 Opernting l•as• Gommitsn•nts LesBee The operatfng leases represerrt knes of printers from Ihwd parties. The teases are rwb.ated over tems of S years and rentajs are fixed. Al the reporting end date the tharity had outslanding commitments fr)r f￿t￿e minimum le&se paym&n15 undèr non￿nCe￿able operating leases. whith fal due as fdk)ws'. 2024 X123 Wilhln one ye* Between Lwo and five years 1,749 8,745 -27- LINLITHGOW AND AVON VALLEY CHURCH OF SCOTLAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 24 Aequi8ition8 Al 1st Novgmber 2024 and in accordanc6 with Ihe Union of Churches, the ctt•ity look over the affairs of 3 other charities.. Sl. Ninian's Craigmarfen. Avonbridge and TOrph1r￿ Parishes. As a result the charrty acquired thg remaining net assats of Ihe formèr charthes which amounted 10 £263,288 8xcluding land and buildings. The fair value of Ihe not assets acqui￿ can be split as follows.. bank accounts £237,237, Grft Aid debtors £2.324, Church of S￿lIan￿ In￿StmentS £21,989 and other inveslm8nÈs £1.718. The land and buildiros of th8 f0m￿r d)arrbes were Iransferrgd lo the General Trustees of th8 Church of Scotland before th¥ year end dale. No consideratsn was payabte in exthaThJa forthe nel assets laken over. The transaction wa5 accounted for under A¢qui￿lon Attounting. in accordan￿ with the Charth¢s SORP FRS102, the net assets tskew) o¥er ale in subslanca a gift and wete credited to Other Income •) th8 SOFA. 25 Volunte•rs In ¢omrnon with all congregations of the Chun* of Scolland. the ￿ngregatIon benefit$ from the contribution made by volunteers who give thèir time and talents wiifingly for the bènefrt of thè Church. The areas tsf congregational lrfe which rety on the (y)ntribution of vobjnteors are many and varied and much of the activlty would be unablè lo ujntinue were it not for the commttmenl shown. 26 Cash genernted from 0pora￿On& 2024 2023 Surpjus for year 211.Q71 88,935 Adju51mants for.. Investment income Tecognised in stat8menl of finan¢ial actmtses Fair valug gains and losses on investments Investments acquired via chafity 4J)mbin3lions (10,7821 11,3381 (23,5931 {5,6921 Movements in w¢Jiking ￿pital." (Increase) in stocks Ilncreasel in ¢Jebtors Increase in creditors 13,274} {4,5791 14.033 {12.575} 11.083 Ca$h generatpd from operations 181,538 81,040 27 Analysls of changes In notfunds Tho Charity had no ¥nalerial debt during the year. -28- LINLITHGOWAND AVON VALLEY CHURCH OF SCOTLAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 28 Collectlons for Thlrd Part5es Where Chur¢h 1$ A¢tlng as Ag•nt 2024 2023 Bethany Trust Crossreach Erskine Hospital st. Michael's Guil Youthspace Mulanje Presbylery Souper Sunday West Lothian Food Bank DEC Turkey I Syria Earthquak8 Help ft>r Hero6s Gaza appeal I Christian Chogoria Quièt Wètars Alihelm6rs ScotlaTh Embrace the Mldd18 East Combat Stress Boys Brfdge CHAS COS Maglna funds- Torphth8n COS Kenya lunds- AvOnbT￿e LlnlitfvJow Day Care Falkirk Bank Water￿d River Kids Linlilhgow Link 5.190 331 2,067 370 1.545 6.500 391 1.127 6.500 190 1,134 146 957 370 2.397 471 9,559 314 350 679 391 261 580 705 146 2,169 4,200 30A62 25.121 The church proVNj￿1 SUPFK)rtforYouthspace Iformwty known as LYPPI for many years from Sts general funds, member of the Kirk Sess￿￿ is a member of Ihe Youthspa(* Board ofTrustees. In mor8 r￿n1 years th6 linanaal wpport has b8en provKled by a numter of mambers of the church by way ol rèstricted gimng ith the ¢hurch a¢tirwJ as agent. LINLITHGOW AND AVON VALLEY CHURCH OF SCOTLAND DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 APPENDIX I 2024 A LlnAvon At Unlon 1203 01111124 1625 2024 2023 2022 2021 2020 2019 Momborshlp 011 1 January 1190 1220 1236 1265 1278 New Members.. By Prtsfession of Fatth 10 19 By Transfer 12 10 By Re*￿Ution of Klrk Se8SiCSll Re-join8d Total N¢w Momb•r8 11 27 33 11 15 Leavers." Dèceased 24 19 19 27 19 Disjoined Total Leavèrs 20 37 27 33 28 Net gain 1+1 or loss (_) 13 16 29 13 M8mbershlp on 31 December 1630 1202 1203 1190 1220 1236 1265 31110r24 Av The Congregation of Sl. Michael's Parish Church of S(x)dand, knnltttwow, the congrègation of SL Ninian's Craigmailen Partsh ChuT¢h of Scoland, LinlilW)w, the congrogation ol Torphichen Parish Church of Scotland and the ¢ongregat'on ofAvonbiTdge Parish Church ol Scojland I￿ned in 8 Unlon effecbve 1 November 2024. The collgre9ab"Dn stats recorded a()ove in (x)lumn Arefiecl the union of four churches. Tho data 1 Janu8ry 2019 tD 31 Odober 2024 ￿f[eets Sl Michael's rnemb¢rship (the retained charity r¢gi8tration number SC016185). LINLITHGOW AND AVON VALLEY CHURCH OF SCOTLAND DETAILED STATEMENT OF FINANCIAL ACTivrriES FOR THE YEAR ENDED 31 DECEMBER 2024 APPENDIX 2 Demittted as Elder fr¢yn St Mithaefs Parish Churth" 31 LINLITHGOW ANDAVON VALLEY CHURCH OF SCOTLAND DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 L5nllthgow and Avon Volley Tru8tee Elders - tran8f¥rrtd as part of the Union of ChurGhes 1 November 2024 Newlji OTdwned ekkn during 2Q24 WTr￿0 de(ryitled L)1.11.24 We thank all trustee5 trorr. Sl Michael's Lit71ithgcw. Sl Ninian'a Craign&i18n ￿111111]gO￿l, Avonbridge and Torphitshen ivho h8ve not transfe￿ed to ￿nIlthgOW and AV￿ Vaflgy Cburth of Scoltand as Trust•8 Etdars for their ser¥￿e. 32-