Hilton Parish Church Of Scotland, Inverness
Report and Financial Statements
for the year ended 31 December 2024
Congregation No: 372144
Charity, No: SC OJ6775
SORP accounts

Hilton Parl%h Church Of Scotland, Ini'erness
Trllstee5' Annual Report
Year ended 31 December 2024
The trustees pres¢ni th¢ir annual repoffl and financial statements of (he charity for the year ended 31 December
2024. The financial statements have been prcpored in accordan¢¢ with thc aecounling policies sel out in nol¢ I to
the arrounts and comply wirh the Gcncral Assembly Regulations for Congregational Finance, the Chkritics and
Trustee Investment (Scotland) Aci 2005. the Charities Accounts ISLotland) Regulations 2006 las amended} dnd
Accounting dnd Reporting by Charitie5.' Statement of Recomm¢nd¢d Practice applicable io charities preparing
their a¢rounts in accordance with th¢ Financial Reporting Standard applicable in the UK and Republic of Ircland
effeetii'c from l January 2019.
Obje¢tSve5 and activities
Thc Church of Scotland is Trinitarian in doctrinc, Reformed in trdditioii and Presbyrerian in polity. li exi818 to
glorify Clod and to work for ihe ddvanc¢inent of Christ's Kingdoni Ihroughoul the World. As a naiiunal Cliurch, it
acknowl¢dgcs a distinctive ¢all and duty to bring th¢ ordinances of religiion io th¢ pcopl¢ in ¢v¢ry parish of
Sroiland ihrough a territorial tninistry. It co-op¢rptcs with oiher ChuT¢he5 In various ecumenical bodies in
Scotland and beyond.
Tlie objectives of the Church are to support tlie adi'ancemenl of Christian faith and missionary work boih wiihin
the Iocdl comjnunity and across th¢ World. The Church is also keell to support Christtdn Ei'anEclisti¢ work and
pastoral carc through the piovi5ion of cducation in the Christiaii faith for adulis and childrcn.
2024 wa5 a year of contit]ued progress for Hilion Church in ternis of ils minisiry and missiun. Aft¢i' sevcral years
of delay caused by Covid and Presbyrery planning, permission was grant¢d to refurbish our small hall and
kitchcns. The work w2$ d(Inc during the suinmcr. Thc new faciliiies were i)pcncd In Augiist and now provide ihe
congregation and the local community with tremendous spaces to use on a daily basis.
The congr¢galion. moiivated by 2 strong sense of commitm¢nt to Christ's mission. arc invulvcd in a wid¢ variety
of mini5trics both within the c()ngr¢gation and out to Ihc wider communiiy. Th¢s¢ ministries arc outlined within
the Achicvcmenis and P¢rformance section.
The Church inlcnds to achieve its aims by receiving donations and financial support from the congregation.
Achievements and performance
During 2024, H'e have Lontinued to provide ivorship s¢Th'ices within Hilton Church together with a simultsneous
liv¢stream ai 10.30 am on Sunday mornin¥g.
A series of 2flernoon and evening biblc %tudics look place in thc church, both in Ihe Spring dnd Aufumn. Thcse
g2th¢rings were well attended and Provided a significant opportuniiy for fello￿'ship aiid Icaniing.
Our youth ¥roup, Nitclife. Ineers on a weekly basis with the youih from Sl Columba's Parish ChurLh. DuringF 2024,
they hdN'e participaied in a ￿a￿tlY of cvcnt5 With neib)hbouring c()ngTegatioiis. The c()n&yie&Tai (ion al%0 coiilinues to
support our leenagers through a Mentoring Schen)e which involves a variety ol-evcnts on the first Sunday of each
month.
Page I

Hilton ParÉ5h Church Of Scotland, IRverDe5S
Tru51et5' Annual Report Icontlnued)
Year ended 31 December 2024
A¢hiev¢mtnts and performance tontiDu¢d
The Parish grouping iogether with our neighbouring congregaiion. St Columba's, continu¢d to grow and develup during 2024. The
two con¥regdlionts ¥haied in a variety of worship services and a BBQ. as well as ¢oniinuing lo explore further ways in which we can
work iogether tnore collaboraiively.
Th¢ demand for usc ot. our buildjngs, especially the Large Hall, ha5 remained high throughout the Year. The Large Hall is in
constanl use ihroughoul the week.
The Anchor Cafe continues 10 be a significant venue for hospitality and communitywiihin ihe local area. The room5 UPStaiTS in the
Lighthouse are regularly Ubed by a variery of chariiable groups Servin8 the local community.
The Craft group which meets on alteTnaie Thursday evenings held anoihei Craft Fair in the chur¢h in November and raised over
£2,000 for rhe local Foodbank.
During th¢ year. oui congregation has b¢en pasttsrally active in looiung out for the needs of one another and our neighbours within
rhe community. Our voluniecrs have also worked hard to care for Ihe ground5 and buildings so thai the Church continues to be a
'ell maintained and welcoming place for everyone who comes.
2024 has been a positive yeaT foT Hilton Parish Chllreh. There ha5 been a steady stream of visitors aMtn(ling our weekly Services
with a few becuming r¢¥ularly involN'ed in Ihe life of our ChuTch. Thc congregation has given generou51y lo the missiot] and
mini.%iry of the ChLETch. We liaN'e bcen able 10 fulfil all OUT conin)ilmcnts in ierni.% ()t' Ministry and Mission.
FinAnei41 rcvlew
The principal souices of income are Gifi Aid offerings. weekly freew￿1] offerings attd open plate collection. Thc lotal received from
Ihese source5 (including tsx recovered on Gift Aid offcrings} in 2024 was £73.997, an sncrease of 1.36Q/o CDmp8red 10 2023. The
Church has returncd a surpllls ort unT¢Strict¢d funds of £7,427 12023 £13,513) for the fjnaneial year 10 31 De¢tmb¢r 2024. before
Iransfcrs. The Church ¢¢)niinucd lo rely on Ilic getJet()Ub dvnations from tlie congregaiion and flnancial 5UPPOrt from other
eharitable bi)dies.
Investment polley #nd performance
Al Ihc sian of 2024, Ihe churih had invesrinenis of £6,075 held in the Church of Scotland ltyv¢sloTS TNs1. Nu addiliLins or
disposals have iaken place durin8 Ilic year and ai the year end, the tnarkci value ofihe church'5 inveslnienls was £6.648.
Rl$k m#Nagernent
lThe principal cau5e% for concern are increasing cosis and decreasing incolne and free reserves. Efforts to relieve the position are
being undertaken both in conlrolling Costs wheTe Pobsible and focusing on irying IL) incT¢a5¢ membcrs giving.
Reserves policy
The ¢banty Irusl¢e5 hav¢ considered thc Tes¢ryes requsr¢d and have taken into accouni Iheii Lurrent and future liabililics. It is the
INSlees' policy to hold frcc rescrv¢s ot. approxiinately £26,000. Ai ihc balance sheet date, rhe general fund shows a surplus of
£79.779 which reprtsenis about l O nJoDih5 expendin]re. At the year eT)d the c.hurch held various de%ignaied reserves of which
£11.090 had been designated for fabric fund Jnd £1,178 de51¥lldled foT SUPPOrting Ihe Loinmunily wilh 5peLi41 needs. and £724
designated for oih¢T church organisations. Tlie remaining £269,249 15 repres¢nt¢d by the fixed a55¢ts of the Church, in particular,
Ihe cost attributed to the Light House building.
Page 2

Hfi]ton Parish Church Vf ScotlJ)nd. Inverlle55
Tru51ee5' Annual Rep￿rt {othntlnutd
YtHr vndvd 31 Decernber 2024
Slruclure* governance and man*gement
The congrcgaiinrt 1$ a registered chafilv, numb¢r SC016775 and is administered in accordancc with the tctrns of thc Model Deed of
Consliiuiion and is subjeci to Ihe A¢ts and Regulatio]]s of ihe (ieneral Assembly of the Chur¢h of Scotland.
Members of the KiTk Session and the Congre8aiional Boaid ar¢ Il)¢ charity irusiees. Th¢ Kirk S¢55ion memb¢is are the elders ot. the
Church 2nd dTe Lhosen frnm ihost n)em￿'r> 4)f th¢ Church who are cot)%idered to have the appropriatc gifis and skills. The minister.
who is a inember of Ihe Kirk Session. is clcclcd by thc cong7regaiion aTJd inducted by PT¢sbvicry. The Congr¢gaiional Board Is
appoinitd from Thithin Ihe u)ngr¢gation and members of the congrcgalion are inviied i() n()miniilY in(lii'idual% ￿'hI? ii¥e believed i()
have the skills and ¢ommLtsneiil lo conlribulL l(1 th¥ tnallagernenl dff¥irs of the c.hurch. io be¢(kme member* of the Board. Board
Metiiher.% drt Ih¢n 3pp(iinl¢d al Ihc Siaied Am)ual Meetln8 and serve for a peri￿ ol Ibrec years afier which they musl seek re-
election ai the next Statcd Annual Meeting.
Stru¢turei gDYernAnce and m#n#Eemcnt eontinued
Thc Con&rrcLJaiiondl B￿ThI is chiiired by sain Ri)K%, and ni¢ei.4 approximalelv five IiJii¢s a year, dnLI al other OLLasions as deeiiied
appropriaic. Certain re%poii%ibililics arc dLle&yaied lo lh¢ FinanLe Conimiiiee and Ihe Propcrry Conunillcc who then rcpon Io Ihc
Bndrd The Kirk Session, which meets six Iinies a year gnd other iYc?$ions as decmed appropriate. is re5pon$ible for spiriDJal
affairs within the church.
Reference gnd gdmlnistrative informstlon
Tru5tee5
Ikirk Sc%sinii
Con
rteational Board
Pr+￿￿1
Charity name:
Cnnlact addrv&S:
Hilion PaTish Churclj or SLvll&iiJ, Inv¢rnes5
Hili<)n Parish Church
4 Tomatin Koad
INWERNESS
IV2 4UA
PaBC 3
Hilton Pariib Church Of Srotland, Inverness

Tru$tve5' Annual Report l¢ontinu¢dl
Ye*r etjded 31 December 2024
Charitv r¢E151ration niinkber:
Congreg&tlon referenee Thumber:
SC016775
17?144
IndeptndeTrt Examiher
hlacKenzJe kerr Ljmiie
Cljarlered ALLI?unlanl
Redm'ood
19 Culduihel Road
INVERNESS
IV2 4AA
BAnker$
Bank of Scotland
2-6 Easigatc
INVERNESS
IV2 3NA
Trustees, Re$ponsibilitits in R¥l#tion to the Finan¢ig1.Statemen15
Tlic charity Iru%iee.s arc rcsponsible tor preparing a tru%tecs' 8nttual report and financial statcments in ac¢ord3n¢e with applicable
law and United Kindgom Accounting Siandards Iunilcd KinLdvin Generally Accepted ALCI)UTtling P14cITrLCI.
The law applicabl¢ 10 chaniies in Scoiland requires ihe Charity Iruslccs 10 prcpare financial 51atemctJts for each y¢ar which show a
¢￿e and fair vic￿. ol'ihe siatc ot arf*)irs ofihc chanlv and ot the income and ¢xpenditure ot Il)e cliariiy Ii)r Iliat p¢ri4?d. In pr¢parin8
the financial 5tal¢iiienls. the mLsi¢es are required to
selcci sul￿ble accounting policies and then apply them consi5tently'
ob5er4'e the method und principlLN in IhL appliLdblr Charilies SORP..
niake judgments and esliniaies Ilial ale reasondhlL dnd prudtni.,
4iaie wheiher applicable atcouniing Standards and Sthicments of recommended pra¢ti¢e haN'e been followed, Subject io any
departurcs dis¢los¢d and explained in Ihe flnancial stsiement5' and
prepare the financial slatentenis the going concern b3Si5 unless li is inappropriate to presum¢ thai the chariry, will cnntinue in
opc¥ational eKi4lenLe.
The tTUSiCC% ar¢ r¢sp(Insiblc foi keeping ad¢quat¢ accuuiiling record% thLI %urriLiLnl Iii %h()Iv dn(l expl¥in the chariiv's
trdnsaclions and disclose wilh reasonablc aL¢ura¢J al anv lirne the financi21 posiiion of Ihe charity and io enabl¢ th¢m LO ensure Ihat
the financial stsleTTienl% coiiiply willi Th¢ Charili¢s and Tn]stee£ Inve%imEnts Iscotlandl Aci 2005 and th¢ C.hariiics ilccounls
ISLvilandi Regrylalions 2006 las ainendedl. They arc responsiblc fur safcguarding the of the c.hurch and hcncc for tkikittg
Tcasonable slep$ fuT Ihc prci'cntioTh and dei¢ction of fraud and otliLr irrL¥uloriliLs.
Approved by ihe TTUStecs and signLd Ih¢ir bL-half..
Page 4

Indepe￿dent Examiner's Repthrt Tts The Trustees Of
Hllton Parish Church or Seoil¥nd, Ini'erness
IOT ihe >'ear ended 31 Derember 2024
I report on the accounts of the charity for ihe year endcd 31 December 2024, which are set out on pages 6 10 16.
Respective r¢$pon$ibilities of Trustees And FJXami￿er
)e el)aTlty'% (rusteL'S arc responsible for the PTeparaiion of th¢ accounts in aecordance wtth the temis of ihe
Charities and Tnjstee Ini'esin)eiit Iscotland) Aci 2OU5 and Ihc Charities Accounts (Scotland) Regulations 2Qn6 (as
mended). The charity Truslccs coiisider that th¢ audit requiremeni of Regulation l 01 I I la) to Ic) of the 2006
Accounis Regulaiions docs not applv. It i,% my rcspi)nsibilily lu exaInin¢ the aLL()unts as required under section 44
(I I IL) of the Act and 10 siaie wl)ether particular mailers hdve come io my alleniion.
Ilasis of Independent Exaniiner'¥ Stalement
My examination is cttrricd out iii aceordanLC with Rcgulation I l of the C.haritie% Acc(Trunts {8cnTland) Regulaiions
2006 {dS dm¢ndedl. An examination includes a revieiv of ilie aLcuunting records kepi bs ihe charil), and a
compdrison of the accounts present¢d willi IhosL r¢oordb. li albo includes con%iderdtiDn of any unusual itenis or
disclosuriq iii Ilie aLLounis and SLeks explanations from the Trustees conccming any Such mattcrs. Thc procedures
undertaken do not pr(Jwid¢ all tl)e ei'idcnce that would bc rcquired in an audit, and collsequcnily I do noi express
an audii upinion on the view. given by the accounls.
Independent F.x•miner's Statemenl
Tn ihe coiirse of m J. examinaiion, DO malt¢r has come to my dlt¢ntion
which gii'¢s me reasonable caus¢ to beliei'e thai in any matc¥ial rcspcct Ihc rcquirenienls..
to keep accouiitillbtr records in dL¢ordance with Section 44 {1 I la) of the 21)05 A¢1 and R¢gulaiion 4 of the
2006 AccounLS Regulations las amciidcdl, and
O PT¢par¢ acci)unts which accnrd witli ihe acct)unting records and C4)1)Iply with Regulation 8 of ih¢ 2006
Accounts Regulations (tts aTncsnd¢dl
hav¢ been Inei, or
io whiLh. in my opinion, attention should be drawn in oid¢r to ¢nable a proper und¢rstanding ofthe accounts
lo be reached.
Chartered Accounlant
R¢dwood
19 C'iilduihel Road
INVERNISS
IV2 4AA
Date.. 2025
Page 5

on *

Hiiitsn P*r15h Church Uf Scotland, lthvÈrnè$s
BIlAnrf Shtet
At 31 De¢tmbtr 2024
2024
2023
Note
Flxed Aystts
Tan¥ible Fixd assets
Tn¥esimenls
269.249
6.648
75.897
229.841
235,916
Current A55ets
Ilehior
Rdnk cash
5,081
35.835
9Q.916
4.893
116.Y¥2
Crtdlwrs
Asi)ounis l#llin¥ duL' H'irhin yedr 12
4.4911
15.623
ET CIIRR&:NI' ASSb.TS
86.425
81.357
TOTAL A.%8ETS I.F,S.S C.IIHIIF.PiT I.IABII.ITIFS
362.322
317.27
Yk'l. ASSETS
317.273
The fund4 of Iht charllv..
LnrtslritlEd Fwnd>
General lund
D¢stgnaied funds
14
79.779
.241
362,020
74.725
242.￿46
316,971
Restricltd Fynd5
14
302
302
Toi*l ChArit>' Dunds
162.322
317.273
The at¢ounis were approv¢d 8nd signed by Ihc Kirk Sc&5ion and CoDgregaii•nal Roard tsn 11
2025
Forand ort bchalf of the ￿Tk S¢￿iDn and Conw¢RatiTrnal Board
Pag¢ 7

Hilton Parish Church Of Scotland, Inverness
Noies to the Financial Statements
for the Year ended.11 December 2024
Accounting Policies
Charity information
Hilton Parish Church of Scotland. Invemess is an unincorporat¢d charity registered at the Office of the Scottish Chariiy
egulalor.
Basi5 of preparatio
Thc financial 5tdtemeTrts of th¢ ¢harity, which is a public benefii entity under FRS 102, hav¢ b¢cn prepa￿d in accoTdanc¢
wilh Accounting and Reporting by Charities.. Statement of Recomm¢nd¢d Practice applicable lo charities preparin¥ their
accounts in accoidthLe with the financial Reporting Standards applicable in the UK aiid Republic of Ireland (FRS 1021
{¢ffectiv¢ l January 2019) and Ihe Financial Reporting Standard applicable in ihe UK and RepublLC ol- Ireland IFRS 1021, the
Charities and Trustee Inveslmenl Iscotlandl Act 2005 and the Charilies account5 (Scoilandl Regulations 2006 las amended).
The financial staicmenls have been pTepaied under the historical cost conveniion, modified to include the revaluation of
certain financial instruments at fair value.
The charity has taken advantage of the provisions in ihe SORP foT chtiritie5 not to prepare a staternent olcash flows.
The financial staternents are prepared in sterling. which is the functional curr¢n¢y of the eniily.
The pnncipal accounting policies. which haN'e been applied consistently in th¢ ru￿ent and preccding ycar in dealing with
items which are considered material lo the accounts, are set out below.
Funds
Funds arc classificd as cither restricted tunds or unrestricted ￿nds, dcfined as follows.
Resiricled fund% aTe funds subjeci lo specifie requirements as to iheir use which may be declared by Ihe donor or wi¢h iheir
auihorily or created through legal processes. but still M'ithin ihe wider objecis of the charity.
Endowment funds are funds which have been L?iN'en on the condilion thai the original capiial sum is noi reduced. but the
income IheTe frotn is us¢d for thc purposc defined in accordance i¥'iih the objects of th¢ chaTity.
Unrestricred funds are expendable at the discret￿On of the trustees in funherance of the objects of the charity. If parts ofthe
Unrestricted funds are eamiarked at the disereiion of the trustees foi a particular Purpose. they are designated as a separaie
fund. This designaiion has an administTative purpose only and does no¢ legally resirici the Itustees. dis¢Telion to apply the
fund.
Goin£ concern
The Tru.%t¢¢% Consider that ihere are no maierial uncertainties about th¢ ability of the charitv to continue for ihe foreseeable
fuNre. and therefore has adopled the going concem basis in preparing these financial statetnent5.
Recognition ofincome
Income ig recognised when the charity has entitlement to ihe funds. any perfornianee condiiions attached lo Ihe item{s} of
In¢ome have been met. 11 is probable ihat ihe intome will be received and the amount can be measured reliably. Granis
received are credited to the Statement of Fit]ancial Activities in the year for which ihey are received.
Interest rettii'&ble
Inieresl on fund% held on deposii is included when receivable and the amoun¢ can be measured reliably by the chariiy: this is
nO[n￿llY upon llolificalion of the interest paid or pavable by the bank.
Page 8

Hilton Parish Church Of ScotlaRd. Ini'erness
l¥otes to the finaneial statements {continued)
for the year ended 31 December 2023
l. AectsuntlDg Policies {£ontinued)
Retognition and allocation of expenditure
Expenditure 15 Included in the Stat¢menl of Financial Act2vilics on an accrnals basis alld Js recognised when there is a legal or
COn5tnLCtive obligation To pay for expenditure.
Donated Servitts #Thd fa¢ili¢ie5
Donaied professional scrvices and donated facilities are rccognised as income when the ¢liarity has ¢ontrol over the item, any
eondilions associated wilh the donated ilem have been niei. the receipt of econojnic benefil froin the use by the charily of the
item is probable and that cconomic benelii can bc Jneasured reliably. In accordancc H'irh the Charitics SORP {FRS 102) the
general volunteer time of congregaiion members is not recognised.
On receipt, donated professitsnal services and donated facilities ale recogntscd on the basis of the value of the gift to the
charity which the amount ihc ¢hariry would have been willing lo pay to obtain services or facilities ofequivalcnt cconomic
benefil on the open market,. a corresponding an)ount is then recognised as expenditure in the period of receipt.
Tangible fixed Issels
The charity has the Fight to occupy and use for its Charitable object% ¢ertain tangible fixed a5Sets, including the Church, halls
and mdnse, vested in the Cliurch of Scotland Gen¢ral Trusreeb. Nu Lonsideration is payablc for the use of Ihebe assets.
Expenditurc incurrcd on the repair and maintenance of these assets is ¢liarg¢d as resources expended in the statenient of
rinancial aciivilses in the period in which the liability arises.
All tangible fixed a55ets costing ii) excess of £ 1,000 hal'ing a value to the charily greater than one year, otli¢r than those
acquired for specific purposes, are Capitalised. Depreciotion is provided on a slraight-line basis io write off the cosi or inIlial
value, l¢ss residual value. of iangible fix¢d assets over their estxmaled ttscful livcs..
Tenant's irnprovemenis
FixtUTeq, fittings and O￿let equipment
50 years
4 yeaTs
Fix¢d assets are siaied at Cost, being purchase price. less accumulot¢d depreciaiion.
Investments
Fixcd assei invesiment5 are stdted ai fair value ai the balance sh¢¢t dale. Unrealised gains and losses reprcsent the difference
between the fair value al rhe beginning and end of the financial year or. if purchased in the year, the difference beiween cost
and fair value at Ihe end of thc year. Realised gain5 and losscs r¢pre5ent ihe diffeience bctw¢¢n th¢ procccds on disposal and
the fair ￿'al￿¢ at the start of che year or cost if purchased in the yegl.
Taxation
Hilion Parish Cliurcli Of Scotland is recogniseil as a charity for the p￿[Pl}SeS of applicable taxation legislation and is theretore
not subjeci 10 laxaiion on its charitable acliviiies. The eharity 15 not registered for VAT and resources expended therefore
include iry¢COV¢Table input VAT.
Cash and cash equlvalents
Cash and cash equivalents includc cash in hand and dcposits hcld with the Investors Trubl.
Page 9

Hilton Parish Church Of Scotland, Inverness
Notes to the financial statements Itonlfinued)
for the Tr'ear ended .11 Dcccmber 2024
l. A¢¢ountin% Policies leontinuedl
Debtors
Trade and other debtors are re¢ognised al the settlement amount due after any discount offered. Prepayments are
valued at the amount prepaid nei of any discount due.
Creditors
Creditors are norn)ally recognised at their settlement amount aft¢r allowing for any trade discounts due.
Leasing eommitments
Renials paid undcr OPCTating leases are charged to the statement of financiol activities on a siraighi line basis tsver The peiiod
of the lease.
Page 10

ats r4 r
QDr4N pth ￿.
r4
Iii-
rj

Hllton P#ri$h ChuTth or S¢oiland, lttverDes5
Note5 to tbt fin#n¢i*l 5t¥tcrnent5 (continued
for the vear onded 31 D¢r¢rnber 2024
2024
2023
Wages and salaries
So¢Lal s¢curiTh costs
Pcnbion L0514
10.542
10,542
Thc ayerage number or ¢mployccs durittg Ihc vcar was 55 follow's..
AdMinislT&ITO
('leaner
No empli)y¢¢ rccci¥'ed more Ihan £60.QOO during the )'ear.
All Church of Scoiland eon8rc¥alioni conlribulc lo ihe Naiionttl Siipend Fund which bedrs Ihe (if all Tnynisier5'
Stipends and empl(Jycr's riintribulion% f(Ir nalii)nlil in%uraiice. hLlll%iii¥ and l(Trdll fund Nlinisiers, sripen(ts ar¢
paid in a¢Lur(LLll¢C wilh Ihc naiional $Tipend scale, which is reldiLd Ii) yedTs ijf %¢n'iCi. Foi IhL' year under i¢¥'Jtw tbe
Ininiinum siipcnd was £31.642 and Th¢ maximun) Slipend lin th¢ fiftli and substyu¢nl yearsl £38.8¥4.
R¢muneration ofkey minA%em¢nt personnfl
No rerniineTaiion ts paLd by Hilton Parish QThur¢li lo k¢y tnallagemenl personnel.
8 TTusÈee remuneration '.Ind i-c'l..Itcd
During The vear
Ind hi> lan)Ily uccupi¢d the cburcli nian&L. N() Liin%idcralion was payable for
li.'IriNe wa8 incurred b¥. 14ilion Pan5h ChuTcli nrscoiland
DuT]ng thc ycar. CXPLrtSC.s (Trf £1.963 (2023 £2.251 I wei¢ iiicuiieJ uji bclidifoi
Iii his capi1Cjry
No Irusiee rettived any rcmuneration or oiher bcntfits duting Ihc ycar.
9 T#nElble Fixed Assets
Fixture.
ittings &
Eq￿1prnent
I'onant's
Improi¢Tnent5
Tot•1
Cost
Ai l January 2024
Addiiions
Disposals
Al 31 Decemb¢r 2024
321.575
33,770
31.478
14.206
355.05J
47.976
Ili,5351
389.194
357.345
31,$49
Attknmulsttd Deprecia¢ton
Ai l January 2024
ClidTg¢ f(Ir )eAI
EltmiDaied on Disposals
Ai 31 Deccniber 2024
93,734
7,147
31,478
125.212
8.56Y
113.8351
119,945
113.8351
19.064
100.881
et Book I'alue
Ai 31 D¢ceiiJbtr 21124
Ai .1 l DcLemher 21123
25h.4fv1
2?9.841
209.249
229.841
Page 13

Hilion P8ri5b Church Of Scotland, Invernes$
Notes lo the financlal statement$ {tohtlnudl
for the )ear ended 31 Dttemher 2024
10 Investment$
2024
2023
Market valu¢ ai 31 December 2023
Disposal
Unrealiscd gaitVlloss1 on investm¢rtlS
Market value ai 31 Deceijibcr 2024
6,075
5,627
573
6,648
448
6,075
Investments ai cosi
3.001
3,001
The following irtv¢stm¢nt5 are held..
Fabric Fund- Church of Scotland Invcsiors Trnsi
I l Debtor5: amounts falling due ￿thIn one l'ear
2024
2023
Aniounl due from g*fl aid tsx
(hher debiors
2.653
2,428
5,081
3.443
1,450
4,893
12 Creditors: amoutht$ fxlling due i¥ithin one )'eaT
2024
2023
Sundjv credilurs
4.491
5.625
13 An#lvsi5 of Net A55t¢s Among Fund5
Cetkeral
Desi%nated
Rtsttrl¢ted
Endowment
Toial
ixed Asseis
lllvestmcnt5
Current Assels
C'.uffenl Liabiliiies
Net 4$5et5 at 31 Dec 2024
269,249
6,648
6,344
269.249
6.648
90.916
14,4911
362.322
83,566
13.7871
79,779
1.006
17041
302
282.241
Gtntr#l
De$igDated
Restricted
Endowment
Total
Fixed A$5ets
Investments
('urrenl Asset.
C.urrenl Liabilities
Net a$¥els at 31 Dtc 2023
229,841
6,075
6,330
229.841
6.075
86.982
15,625}
317,273
78,617
13,8921
74.725
2.035
11,7331
302
242,246
Page 14

Hillon Parish Churrh Of Scotland, Inierness
Notes to the fLnan¢ial stAtement5 Iconthnued)
for the year elldtrd 31 December 2024
14 Moi'ements In Funds
At
3111212023
Re50ur¢es
txpe]Jdtd
CJ#lllS aJJd
losses
At
3111212024
resources
Transfers
Unrestrlettd furtd5
Genergl Fmnd
Fabric Fund
Special N¢¢ds Fund
Time Out
Hilton Youth Club
Fix¢d ASS￿ Fund
74.725
10,517
102.532
{87,1241
110,354
79.779
11,090
1,178
723
573
14
723
229,841
316.971
18.5681
195.6921
47.976
37,622
269.249
362,020
102,546
573
Restricted funds
KItLhen & Small 14all Rcfurb
Sp¢cial Collceiiun5
Household Hard8hip Fund
39.531
137,6221
302
302
302
3Q2
40.546
12.9241
137.6221
Total futtd5
317,273
143.092
1911.6161
573
36?.322
At
3111212022
Incoming
resource5
ResOu￿e5
txptnded
Cain$
losses
Al
311121Z023
Tra￿sferS
Unre5tri¢ted (unds
GtneTal Fund
Fabrtc Fund
Special Necds Fund
Titne Out
Hilton Youth Club
Fixed Ass¢1 Fund
55,198
10.(>69
1,154
72)
102.948
1¥3.4211
74.725
10.517
448
io
723
236.313
303,458
16,4721
189,8931
229,841
316,971
IU2.958
448
Restricitd ftsnds
Hous¢hold Hardship Fund
302
302
302
302
Tot#1 funds
303.760
102.958
189.8931
448
317.273
TTansfer of funds
Durirtg ihe year. dollations and grants were re¢¢iN'¢d io enable the refurbishin¢nt ot'ihc kiiehen and ¥m811 hall within th¢ church.
Payiii¢ni of nio%i of the expense% in¢urr¢d were Initially tnel from the general fund and, completion. the gen¢Tal fund Wds
reimbursed fr()tn ih¢ kiich¢n and small hall Tefurb fund. Th¢ cosi vf Ihe work coinpl¢t¢d was in ¢xccss ofihe arnuunl held in the
r¢furbishrnenl fund.
A furth¢r Iransler was made from th¢ gen¢ral fund 10 ihe fixed asset fimd rtpreseniin¥ the additions lo tix¢d gsseis In the year.
Pa8e15

Hilton P4rish Church Of Stoiland, Invernes
Note5 to the fJn4nci¥l 5talements l¢onlinuedl
for the year ended 31 December 2024
Purposes of Unrestricted Funds
The Gen¢rJl Fund is avaElable for use at the discretion of Ihe ITu4*e5 for the on-going development of the church,
wiihoul re51riction.
Th¢ Fabric Fund has been d¢5tgnated for the mainlenance of the church prop¢tly.
Th¢ Sp¢eial Needs Fund has been designated foT th¢ PUTpose of supportin¥ indiN'idua15 Wlthin rhe community.
Th¢ Time Out Fund has b¢¢n designaied foT us¢ by the gTOUP &s they deeTn appTopriate.
Tli¢ Hilion Yuuih Club Fund has been designated for use by Ilie Youth Club 35 they deem appropriaie.
Th¢ Fixed Asset Fund T¢pr¢seiils ihe nei book value ofihe asseis held by Ihe Church.
Purposes of R¢strltted Funds
The Kilch¢n gnd Sinall Hall Refurb Fund represents grants and donalxons received for Ih¢ purp05¢ of ￿fUrbIShlng ihe
kiichert and sniall hall wiihin the chuTCh.
The Sp¢rial Collections Fu￿d represents funds Ihat havc been collected for a special donation or pr¢5entiation within the
¢hur¢h.
The Household Hardship Fund r¢pr¢senlb incojne reLeiv¢d for passing on direcily tv faTDili¢s and individuals on low incom¢$
15 Iloluntecrs
In Lommon wilh all congregations of the Church uf Srotland. th¢ congregaijon benefjls froJ]i rlie contribution made by
voluniecrs who gjve Ih¢ir iimc and ialenis willingly IOT the benelii of the Church. Tlie areas of con¥regdliunal lif¢ which rcly
on ihe ccinlributioii ofvolunleers aTe many and varied and Tnurh of the activity would be unahl¢ to continue w'ere li noi for ihe
¢omDiiiin¢nt show'n.
10 Relaled PArtle$
Threc INslcts sil vrt th¢ Board of Trusiees ol. the L¢ira T￿S1. a chariiy T¢gi8i¢T¢d in Scoiland wilh Chariiy Numb¢T SC032790.
There weT¢ no relatcd paffly Iransacli()n.4 during the year which T¢quire disclosure.
During the y¢ai, a totsl of £19.95412023 L21,4081 was donaicd 10 th¢ congregaiion by trustee5.
17 Collettloths for third parties
2024
2023
MAF
ChFIElian Aid
D31'id Sini
44
152
50
196
687
Page 16