Scotd8h Charlty Numb•r: SC017132 Congr•gatlon Numb•r .' 281679 ST JOHN'S KIRK OF PERTH (CHURCH OF SCOTLAND) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ST JOHN'S KIRK OF PERTH (CHURCH OF SCOTLAND) TRUSTEES, ANNUAL REPORT FOR YEAR ENDED 31 DECEMBER 2024 CONTENTS Pages Trustees, Annual Report Report of the Independent Examiner Sialement of Financial Activities Balance Sheet Accounting Policies 10- 11 Notes lo the Financial Slalements 12-18 Funds held on behalf of the Congregation by The Church of Scotland General Trustees 19 ST JOHN'S KIRK OF PERTH (CHURCH OF SCOTLAND) TRUSTEES, ANNUAL REPORT FOR YEAR ENDED 31 DECEMBER 2024 The Trustees present their annual reporl and the financial slalemenls for Sl John's Kirk of Peth Ichurch of Sco11andl for the year ended 31st December 2024 The financial statements have been prepared in accordance with the accounts'ng policies sel out in note 1 to the accounts and comply with the General Assembly Regulation for Congregational Finance. th8 Charities arHJ Trustee Investment Iscollandl Act 2005, the Charilies Accounl (Scotlandl Regulations 2006 and A¢¢ounting and Reptsrt1ng by Charities.. Sialement of Recommgndgd PractlC8 applicablè lo charities preparing their aecounls in accordance with the Financial Reporting Slandard applicable in Ihe UK and Republic ol Ireland IFRS 1021 leffects.ve l January 20191. ObSectlvo• and A¢tlvltlo8 Th8 Church of Scotland is Trinilarian in do¢lrine. reformed in tradition and Presbytenan in polity. 11 exists lo glonfy God and to work lor the advancement of Chrlsl's Kingdom Ihroughoul Ihe wortd. As a National Church. It acknowledg8s a distinctive call and duly lo bring the ortJinances ol religion lo the people in every parish of Scoll8nd. ihrough a territorial ministry It co-operatès with other churches In various ecumenifxl bodies In Scotland and beyond. We enleied 2024 believing that our linkage with Sl Leonard's had ended on 315l Deceniber 2023 and thai we were then in Guardianship and needed lo find a Locurn. We were delighted Ihat continue lo guide us as our Interim hAoderator. and we had good conlinuily in our Piiliiil C,,, stayed wrth us until the end of August. Thereafter we were really graleful lo agreed lo return as our Pulpit Supply until the end ol the year. However, il Iranspirvu I yltjry required a Congregational vole Ihal approved Si John's going inlo Guardianship In October the Congregation voted unanirnously lo accept the 8asis of Guardianship prepared with IiiJlp Thereafter Presbylery had lo approve this decision, and the Kirk was very fortunate I a hugaly experienced Minister with many posilive Ideas for Sl John's, agr8ed to become resulting in a nel deficit of £60,796,1£29,674 of which was work in relalion lo spire resloralion) in comparison lo the 2023 deficil1£254.5891. when the bulk of the deficit was spire rgsloralion. Inve•tmont Pollcy and Performanc• The Investments are managed by Ralhbone Investment Limited. George House. 50 George Square, Glasgow. G2 1 EH and are held in a nominee account. Rlsk Management The Trustees have overall responsibilily for systems procedure and control of the charity. Such systems can provide reasonablo, bul not absolute assurance against errors and fraud. Within this framewofk, the Trustees have assessed the major risks lo which the charity is exposed and they are satisfied that systems are in place to miligale the exposure lo major risks. The possibility of a lack of office-bearers remains a threat in the lulure. The congregation is an ageing congregation and this is also a threat. The Session has. with the help of our Fundraiser. developed a Business Plan for Sl John's for Ihe period 2025 - 2030. which centers around five strategic areas. W ATCH.. Worship, Arts and Culture, Tourism, Community, and Heritage. Delivery of the Business Plan includes plans to appoint a full-time Operations Manager in 2026 to support our current Structure. Res•nies pollcy Delails ol the reserves of the charity al 31 December 2024 are sel out al note 14 of the financial slalemenls. The Trustees are mindful that they are responsible for a Grade A listed building antj therefore feel justified in rètaining extra funds in reserve lo accommodate any exlra and unexpected fabric costs which may ernerge. Structure, Governanc8, and Managemont The congregation is a registered charity, number SC017132 and is administered with the lerms of the Deed of Conslilulion (Unitary Forml and is subject lo the Acts and General Assembly of the Church of Scotland. Members of the Kirk Session are the charity Trustees The Kirk Session members are the elders of the church 8nd are chosen from those members of the church who are considered lo have appropriate gifts and skills. The Minister, who Is a member of the Kirk Session. Is elected by the congregation and inducted by the Presbytery. ST JOHN'S KIRK OF PERTH (CHURCH OF SCOTLAND) TRUSTEES, ANNUAL REPORT FOR YEAR ENDED 31 DECEMBER 2024 Roforonco and Adminlstratlve Inforrnation Trusto0$'. The undemoted persons are members of the Kirk Sesslffi. the governing t￿dY of the congregation. subject lo the authority of Perth Presbytery They have Se￿ed as Tnjslees. along wrth the Minister. S&sion Clerks and Treasurer. during the year 2024 and up to. and including. the dale of approval of Ih•se financial staleiiienls ST JOHN'S KIRK OF PERTH (CHURCH OF SCOTLAND) TRUSTEES, ANNUAL REPORT FOR YEAR ENDED 31 DECEMBER 2024 Refer•neo and Administrative Infomialion Trustee$: Princlpal Offlee - Bearews Intgrim Moderator S•ssion Clèrk Doputy Ses$ion Cl•rlt Tr•a$urer Charlty Name". Charity Règistration Number: Congregation Nurnber.. Contact Addrèss- Sl John's Kirk of Perth (Church of Scollandl SC017132 281679 Kirk Office St John's Place Perth PH15SZ Independent Examiner 8ank8rs Royal Bank of Scouand Perth Chief Office 12 Dunkeld Road Perth PH1 5RB 8ank ol Scoiiand 10-16 King Ethvard Street Perth PH1 5UT ST JOHN'S KIRK OF PERTH (CHURCH OF SCOTLAND) TRUSTEES, ANNUAL REPORT FOR YEAR ENDED 31 DECEMBER 2024 Tfuslees Responsibllities in Relatlon to tho Flnan¢lal SL*8m•nts The ¢harity Trustees are resp)nsibl8 for preparing a Injstees annual report and financial statements In accordance wilh applicable law and Uniled Kingdom Accounts"TrJ Standards (United lQ"ngdi¥n Generally Accepted Accounting Pract￿1. The law applicable lo charities in Scouand requires tre chanty Trustees to prepare financial st•ternent5 for each year lo show a true and fair v*w ol the stale of allairs of the chanty and of Ihe incoming r￿OurCeS and application of resources. of the charity for that tenLxI. In pyeparing the finawal slalemenl. the Trustees are required lo.. . Select suitable accounting polioes and then apply them consistently,. • Observe the methods an¢J princI￿e In the applicable Charrties SORP: . Make judgments and estimates which are reasc￿ab￿ aThJ prudent.. . Stale whether applicable accounb.ng standards aThJ stslements of recommended practice tr￿ve been followed. subject lo any depariures disclosed and explained in the financial statements Prepare the financial sLitemenls on the going concem basis, unles5 rt Is inappropriate lo p¥esurne that the charity will continue in opefalional existence. The Trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy at any time. the financial position of the chanty. They musl ensure that Ihe financial slalernenls Comply with the Charrties and Trustee Investment (Scotlandl Aei 2005. the Charil*s Accounts IScolland} Regulations 2006 las arnendedl and their Constitulw. They are also responsible for safeguarding the assets of the charity and hence for taking rea$￿able steps for the prevention and detecb.on of fraud and other irregularits"es. The Trustees are responsible for the maintenance and integrity of the charity and financial inforrnl￿Th on the congregation's website. Legislation in the United KFngdorrb governing the preparab.on ané dissaninalion of financial sfalemenl differ from legBlalKJn in other junsdKtiL￿s eir behalf. Session Clerk Date: 2710512025 ST JOHN'S KIRK OF PERTH (CHURCH OF SCOTLAND) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ST JOHN'S KIRK OF PERTH (CHURCH OF SCOTLAND) report on the fina￿la1 statements of the eharty for the year ended 31 December 2024 which are sel out on pages 8 to 19. This report is made lo the trustee5, as a body. in accordance with the temis of my engagement. My work has been undertaken lo enable rne lo report my opinion sel out below and for no other purpose, To the fullest exlenl permitted by law I do not accept or assume reSp{￿1b•1ify to anyone other than the Iruslees, as a body, for my work or this report. Resp¢dive responsibilrties of Trustees and examinof The charity s Trustees are responsible for Ihe prepaTalion of the finanoal statements in accorfjance with the terms of the Chariknes and Trustee Inveslmenl (Scolland) Act 2005 and the Charities Accounts (Scotlandl Regulalws 2006 las amen(led). The charity Trustees consider that the audrt requirement of RegulatK&n 10111 lal lo Icl of the 2006 Accounts Regulations does not apply. It is my resFonsibility lo examine the financial statements under section 4411 Icl of the Act and lo state whether partrular matters have come to my attention. 8asis of indèpendènt èxaminoV$ statemonts My examinalion is carried out in accordance wrth Regulation 11 01 the Charities Accounts Iseollandl Regulations 2006 las amended). An examinalion inGlwJes a review of the accounting records kept by the charity and a compartson ol Ihe financial statements presented with those records. 11 also includes consideration ol any unusual rtems or disck)sures in the financial slalements, and Seeks explanation from the Trustees concerning any such matters The procedures undertaken do not pTovide all Ihe evmdence Ihal would be required In an audit. and consequently I do not expres5 an audit opinion on the view given by the financial statements. Independent 8xamlner's stat¥m&nt In the course of my examinalion no matter has c(¥ne lo my attent*Jn'. W￿"Ch gives rne reasonable eause lo beleve thal in any material respect the requirements.. to keep accounting records in acccxdance with seclN)n 4411 Ila) of the 2005 Acl and Regulation 4 of the 2006 Accounts Regulats"ons, and lo prepare financial sialemenls which accord with the accountirrfj records and eomFly with Regulatic 8 01 the 2006 Accounts Regulations have not been met, or lo which, In my opinion, allenlion should be drawn in ordgr lo enable a proper understanding of the financial statements to ￿ reached. Oate." 28 May 2025 ST JOHN'S KIRK OF PERTH (CHURCH OF SCOTLAND) Statement of Financial Activities for the year ended 31 December 2024 N￿e Unrestricttd Desiffnaied ReMrl¢ted fvnds fvnds funds 2024 2014 2024 Vnrestrirted funds 2023 Designated funds 2023 Restricted funds 2023 Totsl 2024 Total 2023 Income and endowrnents trom.. Donations and legacies 64.092 13.646 17.074 2,501 3.633 67.725 13.646 22,926 8,583 55.195 15.209 9,635 1.653 35.350 90.545 15,209 15,947 85.3S4 Investrnents Other 5,852 6,081 6.312 83.701 Total Income 97.313 15.567 112.th) 81,692 12S,363 207.055 Expendlture on: Raising funds Charitable activities IA33 37.215 4.277 169.399 2,738 95.792 2.043 330.314 4.781 456.863 117.073 1s.iii 30.7S7 Total ejtpenditure 119,917 15,111 173,676 98.530 30.757 332,357 461,644 Net in¢omellexpendlturel before other gains and losses 122.6041 115.1111 113.OBII 160.7961 116.838 130.7571 1206,9941 1254,5891 Transfers beiween funds Net gainslllossesl orb Fixed assets Net gain5lllos5esl on investments 22,423 22.423 13,696 12.2511 2.501 250 723 12.973 Nrf incomellexpendlturel 124.8551 IZO.5801 160,Y61 116.1151 18,3341 1194.0211 1218,4701 Total funds brought fonAfard 317,507 120,689 343,029 781.225 333.622 129.023 537.050 999.695 Totatfund5 carrfedfor¥Yard 292.652 105,578 322,449 720,679 317,507 120,689 343.029 781.225 The notes on pa8es 10 to 18 form part of these accounts STJOHN'S KIRK OF PERTH (CHURCH OF SCOTLAND Balance Sheet for the year ended 31 December 2024 p*xe UTrre5trfued DesI￿ated lunds 2014 VWestr￿*eé fund5 DeS￿nated fund5 2023 Re5trided funds fvnds X124 T•tsi Toi•l 2023 2024 IOZ4 2023 2023 Fixed •55et5= Tangible èssets Investments 158.574 442,387 2￿.7￿0 158.B42 449.582 Tot•1 fixed assets 3,813 158.574 442.387 2￿.140 158.842 449.582 Currèrli •ssets- Deblors Cash at bank and In hand io 1S,3S9 lo￿12 15,359 33,605 10.8YJ 33.605 315.775 IOS.sn 163.875 120.689 184,187 Total current aS5ots 15.971 105.578 163.875 295.424 44.5fy1 120.689 184.187 >49.380 Curnent Il*bllities= FallinÉ due within i>ne year 117,1321 117.1321 117.737 117.7371 Net current assets 8.839 105.578 163A75 278.292 26.767 120.689 184 187 331.643 292,652 10S.S78 322.449 7ZO,679 317.507 120.689 343.029 781.225 Funds ol the charrty.. Unrestricted fund5 Designated fund5 14 292.652 105.578 398.230 317.507 120,689 438,196 14 Restricted funds 14 32U49 343.029 Y20.679 781.225 Thp arrni¢nl< ST JOHN'S KIRK OF PERTH (CHURCH OF SCOTLAND) Notes to the financial statements for the year ended 31 December 2024 Accountlng pollcles The following accounting policie5 have been applied tonsisiently in the curreni and preceding year in dealng with items which are considered material in relation to the chariws accounts. Basls of preparation The accounts have been prepared in accordance with Accounting and Reporting by Charities.. 5taternent of Recommended Practice applicable to charities preparing their accounts in accordance with ihe Financial Reporting Standards applicable In the UK and Republic of Ireland IFRS1021 effective l January 2019. the Charities and Trustee Inve5tment1Scotlandl Act 2005 and the Charities Accounls Iscoilandl Regulaiion$ 2006 las amended). St john's Kirk of Perth (Church of Scotlandl meets the definition of a public benefit entity under FRS 102. Goln8 concern The Trustee consider that there is no material uncertaintie5 aboLtt the charity's ability to continue as a goin¢ concern. Fund accountlng Funds are classified a5 either restricted. designated or unrestricted funds, defined as follows.. Restricted funds are funds subject to specific requirements as to their use. which may be declared by the donor or with their authority or created through le8al processes. but still within the wider object5 of the charity. Unrestricted funds are expendable ai the discreiion of the Trustees in furtherance ol the objects of the £￿￿rIty. If part5 of the unrestricted funds are earmarked at the discretion of the trustee5 for a particular purpose, they are deslgllated as a Separate fund. Thi5 designation has an adrninistrative purpose only and does not legally restrict ihe trustees. discretic to aoolv the fund Incomini resources Income is recognised when ihe charty has the entitlement to funds. any performance conditions attached tr) the item ol income has been met. it Is probable that the income will be received and the amount can be measured reliablv. Oonations are recognised when the tharity has been notified in writin8 of both ihe amovnt and settlement date. In the event that a donation is subject to condittons that require a level of performance before the charity Is efititled to the funds, the Incorne 15 deferred and not recognised until either those conditions are fully met. or the fulfilment of those conditions is wholly wiihin the control of the charity and il IS Pfobable that those conditions will be f￿lfilled In the reporting period. Legacy gifts are reco8nised on a case by case b3si5 following confirmation when the admini5trator/exe¢utor for the estate ha5 communicated In writing both the amount and settlement date. In the event that the gift is in the form of an sset other than cash or a financial asset traded on 3 recognised stock exchange. r￿QgnItIon is subject to the valve of the gift bein8 reliably measurable with a degree of reasonable accuracy and the title to the 355et having been transferred to the charity. Interest on funds held on dep051t is included when receivable and the amount can be measufed reliably by the charity.. thi5 is normally upon notification of the interest p3id or payable by the bank. Dividends are recognised once the dividend hès been declared and notificaiion has been recetved of the dividend due. Resources e¥pended Liabilities are recognised as expenditufe as soon as there is a legal or constructive obligation committin8 tlje charity to that expenditure, it is probable that settlement will be required and the amount ol the obligation can t* measured reliablv. All expenditure is accounted for on an accruals basis. io ST JOHN'S KIRK OF PERTH {CHURCH OF SCOTLAND) Notes to the financial statements for the year ended 31 December 2024 (cont) Accounting pollcles Icontl The following accountbng policies have been applied consistent￿ in the current and Preceding year in dealing with Items which are considered material in relation to rhe chariirfs accounts. Tanglble fixed as5et5 The charity has the right to occupy and use for its charitable objerts certain iangible fixed asset5, which now are lirnited to the Kirk following sale of the Manse. Title of the Kirk Is vested tn the Church of Scoilènd General Trustees. No consideration is payable lor the use ol this asset. Expendrture Incurred on the repair and maintenance of this assei is char8ed as resources expended in the statement of financial auivities in the period in which the liability arises. Investments The Income from our share of the sale of the Manse was £248.287 and this was lodged with the Church of scotland Investors Trust. £40.Oc￿l was subsequently uplified from this account foi Church Expenses, reducing the current value to £208,287. Fixed asset investments are stated at market value at the balance sheet dale. Unrealised gain5 and losses represent the difference between the market Value at the beginning and end of the financial year or, il purchased in the year, the difference between cost and markei value ai the end of the year. Realised gains and losses represent rhe difference between the proceed5 on disposal and the market value at the stan of the year or c05t If purchased in the year. Taxation St John's Kirk of Perth (Church of Scotlandl is recognised as a charity for the pvip05e5 01 applicable taxation legislation and is not. therefore, subject io taxation on its charitable activitie5. The charity is noi re8lStered for VAT and resources exoended therefore include irrecoverable inDUt VAT. li ST JOHN'S KIRK OF PERTH (CHURCH OF SCOTLAND) Notes to the financial statements for the year ended 31 December 2024 {cont) Unrtstrirttd funds 2024 Designated funds 2024 R•strlrted funds 2024 Unrestricted funds 2023 Designated funds 2023 Restricted funds 2023 Total 1024 Total 2023 Donations and legacles Offerin8S Le8acies Tax recovered on Gift Aid Herita6e Fund Other 34,617 34.617 36,183 36,183 8,365 8,365 3.633 18,110 8,359 8,359 35,350 10,653 3,633 35,350 18,110 10,653 64,092 3,633 67,725 55,195 35,350 90,545 Income from charltable a¢tlvltles Wedding5 and funerals Concertsluse of premises 390 14,819 390 14,819 12,646 12.646 13,646 13.646 15.209 15.209 Investment income Dividends received Deposit interest 9,669 7,405 5.852 15.521 7.405 9,633 6,312 15,945 17,074 5,852 22,926 9,635 6,312 15,947 Other incorne Receipt from General Trustee5 Tours VAT refunds 959 1.192 9S9 1.192 6.082 350 969 399 969 399 63.701 285 20,(N)O 6,081 63,701 285 P&K Council grant 20,(X)O 2.SOI 6.082 8.583 1,653 83,701 85.354 12 STJOHN'S KIRK OF PERTH (CHURCH OF SCOTLAND) Notes to the financial statements for the year ended 31 December 2024 (contl Unrestrlcted funds 2024 Designated lunds 2024 Restrlcted funds 2024 Unrestricted lund5 Designated funds 2023 Restricted funds 2023 Total 2024 Total 2023 2023 Analysi5 of expendlturt Raising fund5 Investment managers lees Offering enveltspe5 2.610 234 1.433 4.043 234 2,511 227 2.043 4.554 227 1,433 4,277 2,738 2,043 4.781 Charrtable activitles Giving to Grow Presbytery dues Minister's expenses Pulpit svpply Other salary costs Fabric/repairs and maintenance Other building costs Church office expenses Organ and mu51C Other expenses Professional fees Independenr examinat¢on fee 32.519 1.243 234 6,250 33,072 7,046 26.980 1,361 886 32,519 1,243 234 6,250 33,072 44.261 42.091 1.361 31.262 958 7.404 40S 31,262 958 7,404 405 31,007 350,543 28,729 1,392 1,468 2.501 31.IX)7 4.414 13,787 1,392 1,468 2,501 37,215 15.815 14,942 330,314 1s.iii 4.288 4,288 1.194 1.194 1,194 1.194 117.073 15,111 37,215 169,399 95,792 30,757 330,314 456.863 Total 119,917 15,111 38,648 173,676 98.530 30.757 332,357 461,644 Support costs have not been separately identified as the Trustees consider there is only one charitable activity. Therefore 5UPPQrt costs relate wholly to that activity and have not been separately identified. 13 ST JOHN'S KIRK OF PERTH (CHURCH OF SCOTLAND) Notes to the financial statements for the year ended 31 December 2024 (cont) staff costs and numbers 2024 2023 33,072 31,007 Social security Costs 33,072 31.007 The average number of employees dvrin8 the year was as follows.. 2024 Nurnber 2023 Nurnber Ministerial support Adminstrarion Music staff Prernises rnaintenance No employee had employee benefits In excess of £60,00012023- n*ll. There Is no-one deemed ro be key managemenr In relation to personal 5alarie5. All Church of Scotland congregations contribute to the National Stipend Fund which bears the c05t of all min15tefS' stipends and employer's cor*tributions for national insurance. pension and housing and loan fund. Ministers, stipends are paid in accordance with the national Stipend scale. which 15 related to year5 of servile. For the Veèr under review the rninimuln stipend was £31.64212023- £30,135) and the maximum stipÈnd lin the fifth and subseguent years) £*,884 12023 £37,032). Trustee remuner•iion •nd rel•ted p•rtylr•n￿rf1ons Duting thè year. 612023 71 Trustees fe£eived reimbursements of office expenses incurred totalling £86812023 4 £1,9641 One Trustee was ernployed under PAYE with 8ross salary of É4,14712023- E12,0501. During the year. a total of E14.97112023- £22,650> was donated to the congregation by Trustees. Taniible fixed assets E4ulpment Total C05t At l January 2024 Addition Oisposèl At 31 December 2024 20,825 20,825 20.825 20.825 mulated deprecètion At l January 2024 Charge for the year At 31 December 2024 20,825 20.82S 20,825 20,825 At 31 Oerember 2024 At 31 December 2023 14 ST JOHN'S KIRK OF PERTH (CHURCH OF SCOTLAND) Notes to the financial statements for the year ended 31 December 2024 (cont Investments Capltal Fund 2024 Heritage Fund 2014 Total 2024 Market value at 31 December 2023 Addition Disposal Unrealised IIOs5l/ga¢n on investments 290,740 9.281 113.9461 12,2621 158,842 3,867 16,6361 2,501 449.582 13,148 120,5821 239 Market value at 31 December 2024 283,813 158,574 442.387 Investments at cost 200,458 128,156 328,614 10 Debtors 2024 2023 Gift Aid tax reftjnd due Other 1,912 13,447 1,652 31.953 15.359 33.605 11 Creditors 2024 2023 Accruals Other 8alance of Adapt and Thrive Grant 75 142 7,051 10,544 17.057 17,132 17,737 In 2021 A grant of £13,056 was received from the Scottish Government described a5 Adapt and Thrive programme. The Church utilised this for 5treamin8 our church services and employing a digital services officer. The expenditure this year was £10,54412023 - £5161 and the balance of the grant has been utilised In full. 15 5T JOHN'S KIRK OF PERTH (CHURCH OF SCOTLAND) Notes to the financial statements for the year ended 31 December 2024 Icontl 12 Analysls ol net assets among funds Vnrestricted tund5 2014 Deslgnated funds 2024 Restricted fund5 2014 Unrestricted funds 2023 Designated funds 2023 Restricted funds 2023 Total 2024 Total 2023 Fixed a55et5 Inve51rnents Current assets Z83.813 25.971 117,1321 158.574 163,875 442.387 295,424 117,1321 290,740 44,504 117,7371 158,842 184.187 449,582 349.380 117.7371 105,578 120.689 Fund5 value at 31 L>ectmber 2024 292,652 105,578 322,449 7ZO,679 317.507 120.689 343.029 781,225 13 Volunteers In common with all congregations of the Church of Scotland, the congregation benefits from the contribution made by volunteef5 who give their time and talents willingly for the benefit ol the Church. The areas ol congregational life which rely on the contribk5tion of volunteer5 are many aTid varied aTTd tnuch of the attivity would be unable to continue If not for the commitment shown. 16 ST JOHN'S KIRK OF PERTH (CHURCH OF Notes to the financial statements for the year ended 31 December 2024 (cont} 14 Movement in funds At Incoming resources Oul8oin8 resources Assets Gainlllossl At 01 Jan 2024 Transfers 31 Dec 2024 Unresirlrted funds Capital fund General fund 169,858 147,649 317,507 169.858 12Z,794 292,652 97,313 97,313 1119,9171 1119,9171 12,2511 12,2511 Dèsignated funds Fabric fund 120,689 115,1111 411 105,989 Restricted funds Heritage fund Fellowship Club fund 342,493 536 15,567 138,6481 319.412 536 343,029 15,567 138,6481 319.948 Total funds 781.225 112.880 1173,6761 11,8401 718.589 At 01 Jan 2023 Incoming resources Outgoing resources Assets Gain/llossl At 31 Dec 2023 Transfers Unrestricted funds Capital fund General fund 169.858 163,764 333,622 169,858 147,649 317,507 81,692 81,692 198,5301 198,5301 723 723 Designated fund5 Fabric fund 129,023 130,7571 22,423 120,689 Restricted funds Heritage fund Fellowship Club lund 536,514 536 12S.363 1332,3571 12.973 342,493 536 537,050 125.363 1332,3571 12,973 343,029 Total funds 999,695 207.055 1461.6441 36.119 781,225 Purpose of fund5 Capital fund To provide investment income and capital to meet the running cost5 of the Church. General fund General running purposes of the Church. Fabric fund The Trustees have set aside funds for the maintenance ol the Church property. Heritage fund This has been established following a Successful Stewardship Campaign held in 2019 and fter eonsultation with Presbytery and the Stewardship and Finance department of the Church of Scotlènd. St John'5 Kirk of Perth is a building ol historical significance and the purpose ol the fund is to provide financial resources to help meet the cost5 01 maintaining and improvin8 the Heritage of the Kirk. All transactions are restricted. Fellowship Club fund Have a social and fundraisin8 purpose. The bank account was closed and tash in hand of £536 15 in abeyance until future of fund is decided. 17 ST JOHN'S KIRK OF PERTH (CHURCH OF SCOTLAND) Notes to the financial statements for the year ended 31 December 2024 (cont) 15 Collections for thlrd partles 2014 2023 Water Aid Er5kine House Poppy kotland Foodbènk Christain Aid PKAV Church of Scotland- Moderators charitv Starter Packs 183 130 130 113 113 681 160 146 174 280 380 1,249 1,241 18 ST JOHN'S KIRK OF PERTH (CHURCH OF SCOTLAND) Appendix Funds held on behalf of the congregation by the Church of Scotland General Trustees 2024 2023 Capital account Credit balances held at 31 December at C05t 1,322 1.322 Market value of balances held ar 31 December 1,938 1.846 Revenue account Credit balance held at 31 December 4.061 1,098 19