The Church of Scotland
Carinish Church Of Scotland
RECEIPTS AND PAYMENTS ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Congregation No: 432323 Charity No: SC 016461
Andependent Examiner's Report to the Trustees of Carinish Church of Scotland I report on the xcouttts of the cl]anti. for the1.r endal 31 Dther 2023 which are sd out on pages 3 R£8pective responsibilitiLs of trust5 and ewniner The thants"'5 trustees are responsible for the prq)arnli(m of the a(tounts in aOrdCe iiith the of the Charities and Trstee Ini"esttMit (scodd) AL 2W5 and the chants Ac)ts (Scodand) lie8uithons 2006. The d)arits' trustees Limsidff that the audit rUIrt of Rwlation IINI) Id) of the Ac£ounts RegulatioJ]s d(yes not apph.. It is m¥" raFM)nsibth"h" to the accoullts &8 ro]uiral Und sethon 44(1) (c) of the Act io stste iihdher paMiLIkn rtt5 hai"e conr to nTh' BASIS of iDdependent exAmin&8 8tatemenl An examination is carrid out in aCCl)rdan Trith Regulation I l of the Ch2n"tia8 ACcots (Scotland) Regulations 20(kn An oxatrllnatson indud&s are¥.1. of the &wuntmg rrdS Lept kn. the thanti" and a cornpanson of the a(xoutELs presenl8I iiith those rttords. li also mcludes consideratt'on ofam" unusual or dJsclosur&s in the )unts. WMI seeks e<plwthons from the trLL4ts (cening gn!" suth matters. The procdurts ndk"th do not proi'ide all the thidaKe ii'ould be required in audil and consu<l!. I do noi eipress au(h't opinim ffl the I"iai" 1"( ITr" the &xx)WAts. Independent examinerfy Ytenl In the course of mi. QKaminatiotL no h& Con to nTh' t¢ntton iihith l"eS me Thonable LXLse to beh'th"e that in am. matend respect the rU&Tts.. to keep Unting records in [d]ce iiiih Srttsi L14 ( l Ma) of the 25 Act Regulatson 4 of the 21M)6 Accounts Regulatsons: to prepare aco)unts iithith accord iiith the xcounling rox)rds a)d compli. iiiih R¢gulkn"on 9 of the 20(kn A¢¢ounts Regulations h"C n(A beth or to ii"kn"d¥ in m%" opinion. attffltiffl should be in Ord to enable a propu undstl"rtg of the rounts to be rthed Address 5th Marth 2024 Pag¢ 2
Carinish Church Of Scotland Receipts and Payments Account Year ended 31 December 2023
| Receipts Note Donations 3 Legacies Activities for Generating Funds Bank & Deposit interest Investment income Rental of premises Sale of assets Sale of investments Grants Receipts from General Trustees Other Receipts Total Receipts Payments 4 Cost of generating funds Charitable Giving Governance costs Total Payments Transfers Excess of Receipts over Payments for the year Excess of Receipts over Payments for the year before transfers |
Unrestricted Funds 42527 0 0 0 0 42527 0 0 0 0 0 0 42527 123 42623 221 42967 -440 -440 |
Restricted Funds 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
Endowment Funds 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
Total 2023 42527 0 0 0 0 42527 0 0 0 0 0 0 42527 123 42623 221 42967 -440 -440 |
Total 2022 38537 0 0 0 0 |
|---|---|---|---|---|---|
| 38537 0 0 0 0 0 0 |
|||||
| 38537 | |||||
| 126 47182 189 |
|||||
| 47497 | |||||
| -8960 | |||||
| -8960 |
Page 3
Carinish Church Of Scotland Statement of Balances At 31 December 2023
| Unrestricted Restricted Endowment Funds Funds Funds Total Receipts Note 2023 Bank & deposit balances 3 96859 0 0 96859 brought forward Movement in year: Excess of Receipts over Payments for the year -440 0 0 -440 Bank & deposit balance carried forward 96419 0 0 96419 Investments at market value Church of Scotland Investors Trust 26932 0 0 26932 Assets 4619 0 0 4619 Liabilities Cost of repair not yet billed 0 0 0 0 The accounts were approved by the Kirk Session and Financial Board on : For and on behalf of the Kirk Session and Financial Board ________ Session Clerk ________ Treasurer ________ Date Approved Gift Aid Receivable |
Total 2022 105819 -8960 |
|---|---|
| 96859 | |
| 25983 | |
| 2824 | |
| 0 | |
Page 4
Carinish Church Of Scotland Statement of Balances
Notes to the Accounts
1. Trustee Remuneration and Related Party Transactions
During the year 2 trustees received reimbursement of expenses incurred totalling £201 (2022 £988).
2. Movements in Funds
| Movements in Funds | |||||
|---|---|---|---|---|---|
| Unrestricted funds General fund Restricted funds Endowment funds Total funds Purposes of Designated Funds |
At 1 Jan 2023 £ 20880 20880 20880 |
Receipts £ 1371 1371 1371 |
Payments £ 3793 3793 3793 |
Transfers £ 0 0 |
At 31 Dec 2023 £ 18458 |
| 18458 | |||||
| 18458 | |||||
Fabric Fund: The trustees have set aside funds for the maintenance of the Church property.
Page 5
Carinish Church Of Scotland Statement of Balances
Notes to the Accounts
| Unrestricted | Restricted | Endowment | ||||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Total | Total | ||
| 2023 | 2023 | 2023 | 2023 | 2022 | ||
| £ | £ | £ | £ | £ | ||
| **3. ** | Analysis of Donations | |||||
| WFO Scheme (non Gift Aid) | 1515 | 0 | 0 | 1515 | 2938 | |
| Gift Aid Donations | 24720 | 0 | 0 | 24720 | 24255 | |
| Tax Recovered on Gift Aid Donations | 4235 | 0 | 0 | 4235 | 6452 | |
| Ordinary Offerings (Open Plate) | 4628 | 0 | 0 | 4628 | 3082 | |
| Other Offerings, Donations etc | 7429 | 0 | 0 | 7429 | 1810 | |
| 42527 | 0 | 0 | 42527 | 38537 | ||
| **4. ** | Analysis of Payments | |||||
| Costs of generating funds | ||||||
| Investment Managers’ fees | 0 | 0 | 0 | 0 | 0 | |
| Offering envelopes | 123 | 0 | 0 | 123 | 126 | |
| 123 | 0 | 0 | 123 | 126 | ||
| Charitable activities | ||||||
| Giving to Grow | 25720 | 0 | 0 | 25720 | 27047 | |
| Minister’s expenses | 3011 | 0 | 0 | 3011 | 385 | |
| Ministerial Assistance | 0 | 0 | 0 | 0 | 0 | |
| Fabric repairs & maintenance | 3793 | 0 | 0 | 3793 | 7294 | |
| Heat and light | 3464 | 0 | 0 | 3464 | 5201 | |
| Rates & Insurance | 1748 | 0 | 0 | 1748 | 1629 | |
| Other building costs | 0 | 0 | 0 | 0 | 0 | |
| Church shared costs | 2957 | 0 | 0 | 2957 | 4091 | |
| Wider works | 729 | 0 | 0 | 729 | 0 | |
| Printing, stationery and postage | 12 | 0 | 0 | 12 | 118 | |
| Other expenses | 1189 | 0 | 0 | 1189 | 1417 | |
| 42623 | 0 | 0 | 42623 | 47182 | ||
| Governance costs | ||||||
| Independent examiner’s fees | 221 | 0 | 0 | 221 | 189 | |
| Other payments | ||||||
| Purchase of assets | 0 | 0 | 0 | 0 | 0 | |
| Purchase of investments | 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 |
Page 6
Carinish Church Of Scotland Statement of Balances
Notes to the Accounts
5. Minister’s Stipend
All Church of Scotland congregations contribute to the National Stipend Fund which bears the costs of all ministers' stipends and employer's contributions for national insurance, pension and housing and loan fund. Ministers' stipends are paid in accordance with the national stipend scale, which is related to years of service.
| years of service. | ||
|---|---|---|
| 6. Collections for Third Parties Life and Work Other special collections |
2023 £ 42 334 0 376 |
2022 £ 144 130 0 |
| 274 |
Page 7
Carinish Church Of Scotlan tatement of Balance At 31 December 2 Lnrestrictal Restiid Funds F.ndoY+inent Fund5 Funds Totsl 'rotsl Recei l)onations Bk & derx>slt bal($ broughi torn.ard ote 2023 2022 96859 96859 105819 lovement in year. b.xces5 of REttipts ovcr PKymLYlts foT thL' y¢gf J40 440 -8960 Ilank & dLVOSit ball(l. forward 96419 9fv11¢) 96859 InT¥'estments at m#rket value ChuJLh ol SLoiland Tnjsi 26972 sset Gifl Aid Rweivable 4619 4619 Liabijities Cos1 (>l' FfP)ir ftoi yca hilleLI The uniS approvoj by ihc Kitk Stssiun 8JJd FITn(l 14oard on .' FOT and on behalf of the Kirk Session and F inancial Iloard Session Clerk I"reasurer ?ae AFPLJQ Page 4