The Church of Scotland Burntisland and Kinghorn Church Congregation Ref No. 251493 Scottish Charity No. SC016418 Trustees, Report and Accounts For the Year Ended 31 December 2024 18 North Street, Glenrothes. Fife KY7 SNA 01592 610388 8 Mitchell Street, Leven, Fife KY8 4HI 01333 425250 www.patersonboyd.com PATERSON BOYD & CO CHARTLREO CERTIFIED ACCOUNTANTS BurDtisland and Killgborn Church of Scotland Y￿r ended 31 Deeember 2024 P4gt5 Contents Trustees, At￿Ual Reporf Ito6 Independent Examlner's Report to the Trustees Statement of flnan¢lal A¢tiwtle5 Balance Sheet 9tolO Notes its ihe Accounts Ilto22 Burlltisl*nd #nd Killgborn Chureh of Scodand Trustee5' Annual Report Year ended 31 December 2024 The tn]stees present the annual report and fmancial ststements of tbe chariry for the )EaT ended 31 De¢ember 2024. The financial statements have been pitpared in acconlance with the accounting kxTrlicies set out on pages I1- 12 in the accounts and Comply with the General Assembly Regulations for Con8regatioMal Fit)an¢e. the Ch￿ltieS and Tntstee Investlnent Iscotlalld) Act 2005, th¢ Charities Accounts Iscoilandl Regulations 2(K)6 (as an￿nded) and AKowJting and R¢porting by Clwiti¢s' Statement of Re¢omm¢nded Practice applicablc lo chariti¢5 pr¢partng th¢ir a￿OUnts in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ir¢laDd (second addition published in 2019). Reference and Administrative Information Scottish Charity Registr8tEon Number SC016418 Congregation Reference Nu 2)1493 Contact Office.. 'inc 411 Offjce Beaj'ei's.. Addi*iDnal I'rii%tees froni l .lanu%rN' 2n2$ Burnlisiand aDd Kingborn Chllr¢h ofstotland Trustee$. Annual Report Y¢8r ended 31 December 2024 Indepettdent ExaEnlner'. Pat¢rson lloyd & Lo. Chartered Certified Accountanis 18 North Strcct Glcnroihes Fife KY7 SNA Bankers: TSB Bank PIC PO Box 373 LS14 9CG Bank of Scoiland Michelston Industrial Esthie Kirkcaldy KYI 3PA ROSSI￿ Street Kirkcaldy KYI 3HW Slrueturt. Governance 8nd ManaRemenl The congregaiion is a regislered chariiy, number SC016418 and is 8drninislered in accordance with the ter￿￿ Ot. the Unitary Constilution and is subje¢t to the Acts and Regulations of the General Assemblyof the Church of S¢odJnd. Following Ilie General Asscmbly of th¢ Chuwh of S¢oiland in 2019, tadical changes were called for in Lhurches naiionally. on¢ of whibh iu reduLe tilt number ofcharges in a Presbyw. Kin8lM)m Parish Church aTMJ BurnuslaTKI Parish Church have now had year of Union und¢r the Fife Presby(ery Mission Pla Members of the Kirk Session are the charity Truaees. Th¢ Kirk Session memkn are the aaive Elders of the chur¢h and ore chosen from those members of the church who 8re cortsidered to h&Y¢ the 4ppropriat¢ gifts and skills. Ibjectlves ihe Trustees present their atmual re￿rt and fjnancial statements of the charity for the ycar ended JI Dceember 2024. Th¢ financial sia¢ements have been prrp&rryJ in accoidance wilh the accounting policies sei out in the Th)ies ¢0 the accounis and comply wilh the General A55en)bly R¢¥ula¢ion5 for Congregaitonal Finance. the Chariiies atsd TnLsi¢e Investhieni Isctsiland) A¢1 2005. rhe Charities Accounts (Scotlandl RegulauoTh$ 2W6 anKndedl and Accounting a￿1 Reporting by Charities: Statement of Recornmended Practice applicable io charities preparing their accounts in a(KOTdan¢e with the Financial Reporting Standard applicable in thc UK and Republic of Ireland published on 16 Jiily 2014. ArtlvltRes A¢hievement$ 4nd Performante The chU￿b of Scotland is Trinitarian in d￿trirte, Reforrned in traditii)n and Presb)terian in polity. It exists io glorify God and io work for th¢ adva￿C￿ent of Christ's Kingdom throughout the wodd. As a national Church. it acknowl¢dg¢5 a distinctive call and duty to btinE the ordinances of ￿ligiOn to th¢ people in every parish of Scotland through a taYi10ri81 ministry. It ¢O-operat¢s with othcr ChurLhes in V￿OuS eLumeniLal IK)di¢s Scoiland and bey)nd. BurntSsl*nd a￿d Kinghorn Chur¢h of Scotland Trustees, Annual Re￿rt Year ended 31 December 2024 A¢tlvStles, Aehlevements •Dd Perforniance (continued) Church servlces Our scrvi¢¢s are voried in style and always open to all. We mainly use Burnti$land Church buildTng and the Church on the High Street in KiTJghorn. However, as Fife Presbytery plan has l)oth Kinghorn and Bumt151and church buildings set for disposal w¢ ar¢ looking at ways io make our halls work for us. Cbilled Church. Alpha. Sunday ai 7 and Cafe Church are all well attended. Our ¢ominitm¢nt io The BEK partnership is as strong &s ever with joini servi¢¢s being held throughout ihe year. Con%rtg4tlonAI organi58tion5 Our Parent and Toddler ￿0Up and Young Islanders are working well. Bible study remains steady and Drift In is going from strength to Stren￿h. Our Youih Worker is working with I￿al schry)Is and organisalions and our Ministers Assistani has been retained for a further year. The work of Comerstone continues with more people than ever coming along for a hoi lun¢h. Unfortunately* our Guild folded this y¢ar4nd will be missed. hurch halls The halls in both KinghoTn and Burntislond are used ihroughout ihe week for Church and Community organisations. The following groups use the halls on a ttgular weeklylmonthly basis.. Guides, Brownies. Rainbows, Slimming World. Pilaies, Karaie, Tae Kwon Do. Seouts. Cubs. Beavers. Explorers. Prospects, Art Group. Big Green Market, Church Youth Groups. ToddleTS' GD)UP5, Highland Dancing> Kinghorn 14islorical Society> SWI. Bible Study, Kirk Session, Various groups use th¢ halls as required for meetings. coffee mornings, birthday parties etc. Our h811 Convener$ ensure that non-members are comfonable and happy io be in ihe curtilage of ¢hur¢h pr()perty and all lets are approved by ihe Kirk Session. FAlth Hope and Charlty Shop and Ch*pter And Verge Our shops have, once a&ain, proved lo be an invaluable asset which have contribuied w¢ll ¢0 our in¢om¢ for the year. With very old buildings to maintain, lh¢ Finan¢e Team is, as always, very 8ratefiJl for ihese important resources. Moreover, in the difficult financial lime$ w¢ ar¢ experiencin& the Faith Hope and Charity shop is playing a role in our ¢oinmilm¢nl to provide a Wann Hub within our community. Communlty and Outr¢*¢b The church operaies a shop in both Kinghorn {Faith. Hope & Charity) and Burntisland (Chapter & Verse). Faith, Hope & -hari¢y offers good quality second hand goods for sale and also sell tea, coffee, juice and biscuits so thgl folks can sii and hav¢ a chat with one another. Chapter & V¢rse is sto¢ked with a range of new ￿fis. a seleclion of greetings cards, bibles and books. The church operates a drop in lea, coff¢¢ and c8kc on a Tucsday in Kinghorn and a community café serving a hot. two ¢ourse meal on a Wednesday in Burntisland. Both ￿￿ very well attended and appreciated by the community. Two very successful Alpha coutB¢s w¢re run by the Church in 2024 aitracting people from outside and inside the ¢hurch. A follow on 10-week Bible Course wa5 8150 provided for tliose wlio all￿1￿ed Alphd. A very successful Holiday Club was h¢ld in the summer attracting more than 40 primary age children over 3 days. Several well-atlended communiry ev¢nts were held during 2024 including coffee mornings. a ceilidh and a community Christmtts sing- along. Ar Easter 40 wooden crosses were put up in gardens of homes throughouE Burniisland and Kinghorn. The church also produced an Easter leaflet and organisd an Easter themed competition tn the local primary whools. Chaplaincy has ¢ontinu¢d with our local primary and secondary sch¢)ols and our local football tett￿. This contact along with our Ministees monthly newsletters and our quarterly magazine has kepi God's word at the heart of our Congr¢gaiion. Burnt5sland alld KlllghoTn Church of Scotland Trnstees, Annual Report Year ended 31 Deeember 2024 Actlvltles, Aehlevement$ and PerformAnce (continued) Families and Children Worker Our children and families worker- who we will sha￿ with ETsk7ne United Free church has been retained for another two years and h¢ is w¢ll known by youth and familles alike as he works with our schools, youth clubs. sporting activities and Ignite And Chri$lian Union. Worship Together Team The uniting of the Worship Together Teams as part of our Church union has been a real benefit to all worship servi¢es tliroughout the past year. In addition, the shared worship with Er5kine and Si Serfs has added unity, variety of approach and enhancement to our Christian service. The variety of services now on offer, we hop¢. go a long way io mL*ting thc necds of all agcs and styles of worship, via Unil¢d Services. BEK Service4 Chilled Church and evening worship in the fonn of Taize, Café Church, Ignite and 'Inday@7. 4n our iy)¢¢tings we review, discuss and share the congr¢gaiion's Comments and feedback in order to progress and plan for tur¢ s¢vi¢¢s. Union has also provided the team and cOn￿ega110n with a varieiy of Tnusi¢al colnbinations at every service with organ only, praise band, praise band and organ and with Molly and Bill's ac¢ordion and guitar accoinpaniinents. Thank5 IllUSt be awarded lo the organisation. lime effor( and enthusiasm afforded by the musical team members. As a resuli, some of the congrcgational singing and praise has been truly upliftin8. There 1$ a more extensive variety of support available for ihe ministers ihrough ieam members. participation irt P8rts or All of th¢ various s¢rvi¢es. Cover for holidays, illness, etc., by ihe ministry assislani 8nd mcmbers of tlie Worship Together Team ensur¢s a s¢rvi¢e of worship every Sunday. The iopics ch08en for Union and BEK services encourag&s stydy. in depth. of ihe message in one book of the Bible, uniting us again in another aspect of our worship and service. Union wo ar¢ now one and we are working hard to blend with ¢ach other. FlnaDclal Revlew The prin¢ipo1 $ouw¢s of income are weekly offerings, Gift Aid tox fffund$, fundrnTsing, church organisation activities and hall lets. The Statement of Financial Activities and Balance Sheet for the church provide full details of the financial position in the ycar to 31 D¢c¢mb¢r 2024. The Statement of Financial Activities shows a surplus for the year of£123.888 {2023.. deficit of £16,108) as reported on poge 8. The significant surplus in the year is primarily du¢ to the transfcr of union balance of £126,597. Totsl funds at the year end were £554,19712023.. £430.309). As noted und¢r StrUC￿re and Governance abov¢ the two churches of Kinghorn Parish and Burnti51and Parish uniled on I January 2024. As a resuli, the amounts in the accounts for 2024 are the combined figures for the Iwo previous churches. The compArdtive figu￿5 how¢vcr, are only for Burtisland ParAsh chll￿h, as thi5 was ihe entity that now houses the neM, Kinghorn And Burntisland Church of Scotland. The incortM)ration of the opening balance of Kinghorn Parish Church is detailed in note 5 to the accounts. Burntisland and Kinghorn Church ofscotland Trnstees, ADnual Report Y￿r ended 31 Deeember 2024 Risk Management The t￿￿tee5 have assessed the major risks to which the Chariiy is exposed and seek to 8ddffss them with appropriate actions. The principal risks fa¢¢d by the charity cornprise generating sufficient income io cover all liabilities and the maiThi¢nan¢¢ of the buildings for which the charity is Teswnsible. The ITUStees work io ensure that th¢ costs of running the Charity gre commensurate with the fi￿d5 available and will take any actions necessary 10 address any shortfal]s. The buildings available to the ¢harity have b¢¢n ass¢ssed and categorized ihrough the PrCSb￿ery Mission Plan process and appropriate actions put in pla¢¢ to dis¢harg¢ our obligations. This has been undertaken wi(h external suppon where necessary. Plans are being developed lo either tnaintain each propety to an acc¢ptable standard or to distM)se of ihe property in the most beneficial way for th¢ chariiy, The trustees regularly undertake an assessment of ihe risks associated with the day io day running of rhe Church. This includes both health & safety and financial risks. The risks that have been identified are discussed within coinmiitee and al Kirk Session meerings with appropriate aclions taken to mirigate Imanage the risk. Our G.D.P.R. Officer has all necessary infonnaiion up-io-date And mak¢s sur¢ Ihal all offi¢¢ b¢arers and key workers are aware of the necessary reqiiirements to keep sensitive inforniation secure. The Chuwh of S¢otland Safeguarding system operates on the basis of tn￿1 thai the $￿temS and people are working well to Y>teci children and Vulnerable adults from harm or abuse. To this end, as defined by law. our volunteers and paid workers ,rforking in pr¢5¢ribed p(>sitions must have PVG Clearance Irom Disclosure Scoiland and undergo regular irdining. Volunteers Apart from ihe Minister, Ministers Assisthni, organisi, cleaners and Youth & Families worker, all other Services are caJTied out by volunteers. This includes offJc¢ b¢ar¢r posilions {such as Session Clerk. Treasurer), Trustees and others who and assist with the various activities the chur¢h lakes parl in. Withou¢ the many volunteer5 ihe church would not be able to function. Reserve8 Policy The charity irust¢es have ¢onsidered the reserves required by the Church and have taken into account their current and fiJtur¢ liabilities. It 1$ the Trnsi¢¢s' policy io hold in unreslricied reserves an amount equivalent to 3 4 months, unrestricted expendI￿re, including that in designai¢d funds. Ai the year end ihe church held unrestricted funds of £229,561 12023.. £132,703), which represenis around 13 months unrestricied expenditure. however the Trustees are also conscious that Ihe Church buildings are very old and un¢xrrtied fabri¢ expenditure ¢an arise at short notice. therefore, they feel that the higher level of reSe1V￿ Can be justified. B￿r￿ti5]s￿d gnd KiDEb)rn Cburch ofscodand Tru5tee5' Report Ye*r ended 31 December 2D24 Trustees, RespoDsibilitit$ in Rel*tion to the financial St¥ttmemls The charity's ITUStees are re5pon8ible for preparing a tnJ%tees' annual rcpon and financial statements in &cordance with applicable law and United Kingdom Acwunling s￿ndards UJnited Kingdorn Gcnerdlly Accepied Accountlll8 PTacticel. The law applicable to ¢hariries in Scotland requires the ¢harity trustees to prepare fIr￿l¢l&l st4￿MentS for each year which sliow a trn¢ and fair Niew of th¢ 4at¢ of affairs of the chariiy and of ihe incoming resfXLrces and appli¢aiion of r¢swr¢es, of ihe Chariiy for that period. In preparing ihe financial MaicTnents Ihe tnJrt¢es ar¢ rqujred to- sclccl SULtabl¢ accounting policies and ihen apply consi￿en[1Y- Ob￿r¥C the method and prijiciples in the applicable Chariti&£ SORP 2019- make.judgetnenls and e5timaies that are reasonabl¢ and pTudeni: S￿le whether appli¢abl¢ 8ccouniing staThJards and statements of recr#nmended praeiice have been followed, subject to any departures discl(wd and explained in ihe financial Sthiements. prepare the finanejal staiements on Boing cottceTn b&sis unless it is inappropriate to presume that the charity will operational existence. rne Irusiee% are responsible for k¢¢ping pr¢w accounting records which disclose with reasonable accuwy a¢ any lime the financial qition of the charity aTMI to ¢nabl¢ ihem to ensure that th¢ financial #atemcttls comply with d)¢ Charities and Tru￿CeS Invdsitnent (Scotlandl Act 2iJ)S th¢ Charities Accounts Iscotlandl Re8ylaiion$ 2006 las amcnd¢dl. Th¢), 8rc also rtsponlible for safcguarding the asstts of thc ¢harity and hence for taktng reasonable steps for ihe p￿VentIon Jnd dfflcciion or rraud and oiher irryulariiies. The trustee$ are Tesponsible for ihe mainienanee and integrity of the charity 8TMI financial infonnation on the ¢ongreBation'i websile. Legislation in the Uniied Kingdom governin8 the pryrarion and di￿nin0110n ol. trina￿la1 stal¢mer¢lS may differ from le8151ation in 01hcr.juri.￿IcIIon8. Burntisialld aud Kinghorll Cbur¢h of Scotland Jndependellt Examiner's Report to the Trustees of Burntislgnd and Kinghorn Church of Scotland Year ended 31 Deeember 2024 I report on the accounts of the chartty for the ￿¥r ¢nded 31 December 2024. which are sei out on the following pages. Respe¢tlve responsibilities of trustees And examiner The chority'$ tru5tee5 are responsible for the prepar￿lon of th¢ ￿￿O￿nts in accold￿ce with Ih¢ t¢Tm5 of the Charities and Trustee Inv¢$tm¢nt (Scotland) Act 2005 and th¢ Charities Accounts (Stoilandl Re&?ulaiions 2006 {as amended). The charity trustees consider thal th¢ audit r¢quiremeni of Re¥ulation 10 (I ) {a) to {c) of the Accounts Regulauons does not #pply. It is my responsibility to examine the accounis as required under seclion 44 (1) {¢) of lh¢ Act and to slate whether particular matters hawe corne to my attention. Ba515 of independent examlner's $tsternent My examination is carried out in accordance with Regulatirn I l of the ￿aritieS Actounts Iscotland) Regulations 2006 (as amended). An examination ineludes a review of the accountiThg records kept by the charity and a comparison of th¢ a¢¢ounls presented with those records. It &lso includes considerntion of any unusual items or disr1osu￿S in the accoun15 atld 5¢¢ks explanations from the trustees ¢oDc¢ming any such matters. The pro￿d￿r¢S undenaken do noi provide all th¢ ¢vidence that would be required in an audit, and cons¢qu¢nily I do noi express an audit opinion on the view given by the accounts. Ba51s of independent exAmlner'$ $tJ¢ement In the course of my examination no matter has ¢ome to my att¢n¢ion- which gives me reasonabl¢ cause io believe ihai in any maierial respect the requirements: to keep a¢¢ounting records in aceord8n¢¢ with Section 44 (Ixa) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations {as am¢nded), and to PT¢par¢ accounts which accord with the accounting re￿rdS and comply with Reguation 8 of the 2006 Accounts Reguloiions (as amended) have not be¢n or to which, in my opinion. attention Sh￿l1d be drawn in orderto enable a proper underS￿nding of the accounts to be reached. Dai¢: 08 April 2025 Paierson Boyd & Co Chartered Certified Accountants 18 Ngrth Street GLENROTHES Fif¢ KY7 SNA p4 4 7P C r4 OC r rn i In C 0¢ *> O r O C ro r4 r4 W r4 Y C ery r4 Vi Wi Burntlsl¥Dd and Klnghorn Church of S¢otland Note5 to the fm4fLciaI siaiements for the year ended 31 Dottmber 2024 Unrestrl¢ted Funds 2024 Rtstrl¢itd Ekndowmtnt Funds Funds 2024 2024 Unres(rl¢ted Fund$ 2023 Restrl¢ted Funds 21123 Transfer behyeen lund$ Walls M£niorial Fund lo G£n￿￿] Ben￿ole￿i Fund to Gtheral Geor8e Blyth Junior Organisations lo Chrisiians A8ain51 Poverty to Collections for other chariiies A8nes Ramsay lo Gcnffal Rtstriiia Fbwcr fund to D￿l￿al io,wJ) io,woi 7,797 7J61 3081 11,062 (7,79D (7J62) 368 (11,082) I i.oNI L058 { 2.0581 13.058 2S,874 25,874) 8. Staff Costs Ind Numbers 2024 2023 Salari¢s and w4gcs s￿la1 S￿￿rIlY cosls P¢nsion ¢osts 35,800 14.(Y)2 3.456 975 2,791 38,651 IR,493 Thc av¢raBe numb¢T of part-lime•nployets durin8 theytar. ￿l¢U1￿0] on thebtsisof a head cout)I W85 a8 follows.. 2024 2023 Clunu5 CAP Mana Youth Worker Ministry Assi5tsnl No empjoyee had employtt ￿erIts in ex¢¢ss of £60.IKKJ. All Church of kotltnd wngre8ations e4>niribuie tty thc Nkiionil SlipL￿d Fund whith b¢4Th th¢ r0515 of all TninisiLY5' Slipends and ¢niploycr'$ contribution% for national i#5uranc4 Rnd hoy51ng and loan fvnd. mini*￿5. siiwds are paid a￿ordanCe wilh thc ng1ion81 st1p￿d wl¢. which is reldid to yeats ot. 5ervicc For the year under r¢viw th¢ rninimum Sil￿￿4 tvas £31,642 aNI th¢ maximuin sil￿d lin th¢ 5 Bnd sub54u411 yursl £38.884. 9. Trtsstct Remuther*tiort and rtl4ted ￿rty trdnK4ctlons During thc ycar o thtlll Df I2V.19312Q23.. £13.067} wa5 donat￿ io the wn8T¢8aiion by tyusicts. Durin8 ihc y(xron¢ IrustLf rcceivLxI r4mbyr5wD￿t of traY¢lling G¥￿5¢S of £2.71012023.. £1831. BurDti51and and KinghorD Cburch of Seotland Notes to the fillantial ststemellts for the year ended 31 December 2024 10. Tongible fixed *ssets Office Buildings Equipment Total Cost As at l January 2024 Additions in year Disposmls in year 12,1X)O 14,321 316 26,321 316 At 31 December 2024 12,000 14,637 26,637 DepreclAtiOD As at l January 2024 .haTge for the year iliminated on disposals 3.120 240 9.198 1,339 12,318 1,579 At 31 December 2024 3,360 10,537 13,897 Net book value Al 31 Dcccmbcr 2024 8,640 4.100 12,740 Ai 31 Decemb¢r 2023 8.880 5,123 14,003 Tangible fjxed assets (Comparatlve) Office Bulldlngs Equipment Total Cost As al l January 2023 Addition8 in year Disposals in year 12.0( 9,230 5.091 21,230 5,091 At 31 December 2023 12,000 14.321 26,321 Depreciation As at l January 2023 Charge for the year Eliminated on disposals 2,880 240 7.916 1,282 10,796 1,522 At 31 December 2023 3,120 9,198 12,318 Net book value At 31 December 2023 8,880 5,123 14,003 At 31 December 2022 9,120 1,314 10,434 16 and Kingborn Churth of Scotland Noies to the fiDancial st8tement5 for the year ended 31 Defernber 2024 I l. Investment5 2024 2023 Market valuelwst at 31 De¢ember 2022 Addttions Dispo8al proceeds Realis¢d gain on investments Dividend received Unrealised 8airLIIIos5) on investments Markel value at 31 tkcember 2023 240,141 8,914 222.469 1,031 23.407 272.462 240.141 Investments at cost The following investhients hrc hcld.. Church of Seotland Investor5 Trust: Growth fund- unit prlce 8t 31.12.23 £5.83 Church of Scotland Guild .. 400 units (oftginal eo.¥t £200) Walls Mcniorial fund .. 12,907 unils {on￿rtaI cost £15,415) Benevolent fund .. 8.234 utNts {original cost £7.731) Piper M¢mori81 .. 1,600 units {ori¥inal eost £856) George Blyih Capiial fund .' 6.944 units (original ¢osi £24,998) Agnes Ramsay fund .. 1.388 units {original cost £4,997} J S Motion fund .. 9.539 uni15 {original cosi £35,879) Kirk Session .' 600 units10ri8inal cosi £300) Benevoleftt furtd . 929 uni15 (original ¢0$1 £3,354) 2.552 82,340 52,532 10,208 44 J04 8,855 00.859 3.828 5,927 2,332 75,248 48.004 9,328 40,484 8,092 55,612 Income fund- tsnlt prlce 8t 31.12.23 £10.96 Benevoleni fltnd .. 30 unli$ loriginal ¢o.%t £?211 Fabric fund .. 65 units {original cosi £480) 332 719 272,462 329 712 240,141 12. Stock Shop 4lo¢k 9,0 10.500 13. Debiors Gift Aid Tax refund Du¢ ()ther taxes and security 1,679 323 2,(K)2 1,4116 2,410 14. Credltors Independent examinels fce Pen&ion Agency collcction 229 200 1.545 200 2.000 17 Burntlsl#tyd Ind Ki￿¥ho￿ of Scotland Notes to tht finan¢lal slaiementi for the ye#r ended 31 December 2024 15. An#ly$i$ of N¢t A￿ets A￿0￿% Funds U￿rtstrICted Reslric(ed Endowment Funds Funds Funds 2024 2024 2024 Total 2024 Fixed As5cts Investinen15 Currenr Assets Current Liabilities Net ￿Sets 1131 December 2024 12.740 719 217.￿2 1.8(M)) 229.561 12,740 272.462 270.995 12,0001 554,197 208.829 45.614 (21M)I 254.243 62.914 7.479 70.393 An41y$l$ of N¢1 A$sets Among Futtd$ Unrts¢rkt￿ Re¥trictcd Emdovimenl FuThds Funds Funds 2023 2023 2013 TotAI 2023 Fixe(l A%sets Invcgtmenls Current Asheis Current Liabilitie Net Ass¢is at 31 Deeemb¢r 2023 14.IX>3 712 119.104 14.(K>3 240.141 177.710 11,5451 430,309 190,853 51.485 14291 241.909 48,576 7.121 132,703 55.697 16. Volunteers In Common with all ¢on8regaiion$ of the Church of Seoiland the con8re881ion benefi¢s from the ¢ontribuiion made by volunteers who givc ihcir ITme and thlenls willin8ly for the ben¢fil of the ChU￿h. The arcns of conBTegalional lifc which rtly on the coniribulion of volunteers are many athd varied and much of Ihe bclivtry would be unable ￿ continue were it not for the commiimeni shown. 18 y4 O s 1¢ C 0 *4 Q ¢•J *rt 4 0 In IYJ r4 V¥ r-- v) ryJ Burntisllnd and Kinghorn Cbureb of Scotland otes to the financial $tstement5 for the year ended 31 December 2024 oses of Endo George Blyth TTU5t i Funds lllco]n¢ from the GeoTEe Blyth Trusi M'as originalls, splil with onc half to the Bov4 Brigade. one ha]f of the remainder io ihe choir but could be used for the organisys salary but not the upkeep of the organ, and the re]JJainder divided 8monESi the Junior organisaiions in exLStence at the time of his death. At present there is no BB Company and the montygoes In￿ the Junior Or8anisdtions Fund. Agnes Ramsay Lega¢y To 1*8iSt the Girl Guide¥, pan of the legacy lefi to the Church by Agnes Ramsay ds invested to be similar to the GB TnLSi in that the capitsl 15 not to be tou¢hed and only the in¢on]e can b¢ usul. We must empha5Lse that thts was a Kirk Session decision and not the donor and is not truly Hn ¢nth)WD¢llt. Kirk Scssion l Benevolent Fund Income from these funds rnay k used for genernl purposes. oses of Restricte Cos Guild Thtrc ar¢ fvnds collected and disbursed by the Guild. The Guild provide CbTigiian fellowship for wornen and meN and ralses awarenegs of wider issues i the world. Burniisland Guild is responsible for its finances. It also an3nges fvndrdisin8 events 10 Support its a¢iivities. 1$ spe¢ifically for as5iSWl¢C to ihe minibier. It us¢d io provide ihe salary of a CliurLh Sisler and h¢r accom￿allon. In rcceni years li was ￿8¢d to provide the salary of an assisrani minister. li Is now used to fvnd Pulpit Supply and ￿n￿bInA thouRbi to Ihe mini%ter. This the fonner'poorf filnd ond is ur