Sco17LfS.2D2W_ I CHARI'I'Y REFERENCTr: NIIMBER- SC'017258 ST DAVID OF SCOTLAND EPISCOPAL CHU CH ACCOIINTS FOR THE YEAR ENDED 30th SEPTEMBER 2024
ST DAI'ID OFSC'OTI.A%D EPISCOPAL CH I'FI.4RI"ITr' RETrLREIYCE NIIMBfr:R- S('0172 C'HAHITY TR IS'l'Tr.F: NDEPEND EXIIMINER Ri IiJiiLI Baiik 2 1.!4 1.(Ivat Lanc FC'IRXF.B IRCH ADDRF,.S. l O Ri)ys1(In M:Illli Pl:ILL Edinburgh Ells l LV CORRTr.SPONDENC'F. AI)DRfr:SF 111 Rvv411Iii Miiin% PlaLc EdiiihiJTgli EH f l LQ
T DAVID, EPISC'OPAL CHIIRCH RLPORT OF THE VESTRY YEAR EN'DED 30 SEPTEMBER 024 Thc niembL'f5 1)f the Vestry prc5cnt tl)eir annual repM)rt together witl) lh¢ financial stsi year cndLNd .10 September 2024 ent.5 for the .1 Structure 4nd Go%'ernonce li) Icrms of th¥ ('harilicb and Tru%tce In¥'esimLnl 18Loilai)dl ALI ?IM)S and Ihc Cl)dri {Sioilandl Reb?IilaTions 200f>. thL Ve4try report.% 10 Ihc LongFregi.1tion a.% follow'%'. St David of Scotland F.pi.%Lopal C'l)urch E"dinburgh 1% a re81Sted Scu ISC0172581. It is a mcinber of the Dio¢¢se of Einburgh of the Scc)Itish Epi4copal C'.hurih Lommunion with ihe Anbyli¢an Church 'hc %uperior auih()rity is the Bi.4hop of i.'diiiburyh All of it$ affair4 arc 8ov¢med by thc Ve¥try. cs A¢count tish Chariiy nd is in fiill 1.2 Appointment of Vestry. Members VL%lry InLinbLr% arc elLcILd or appoii)ILd by Aniiual C¥cllLral MLCting) L%iJblishLd by L(Tr undLr C-dn()n Law, of th¢ S¢utti%li Epi%copal C'liurcli. Thlrc 1% nci lorinal induLlion pr onyoing ¥uidaiiLc is ¥iv¢n ¢0 cnbure Ehai Vcslry mcmbcr% atl. lamiliar with IhL L-huiLh' diid re%pc?n4ibiliti¢s as ihc designhled Irusices Ot'J Lharily. .Iiiuiiun and rrninniL but .3 AdministrAtive .Strueture li 1% Ihc duty iTrl' IhL V¢slry to mdiia¥TrL Ihc i¢inpi)ral dfliir.4 of Ihc Lonb>rL'¥ation with rL' kLLP IhL labnL dnd prc)PLrty of ih¢ LhurLh dnd oih¥r buildings In ¥01 workin8 order and lh¢ Iinai7cL5 of th¢ Lhurch. n4ibility to o luok dfter 2 .St8tement of Risk ThL Veslry kLcp% uiidir r¢vicw the major ri.%ks ¢0 which th¢ ("hurch Is cxpnsed and hay establishcd proLcdurc.s io Initigpatc any risk% idLlltifiLd iii linL will) C)%C'R rLxommcnded prdLtiL¢S. Vc%t MLmb¢p arc also aware LTrf PVLt pfdLti¢¢ in line wilh Scotli%h Episcopal C'hurch guidclin¢s 3.1 Charitble C)bjective% And Activitiej The Q hurch'% principal JLtivilics iiicludL publi¢ w()r5hip in Lra)CnI and prdyLr, Chri%liao edlliation, Lharitable work and fuiid raisiiig for loLal. i)alioiial and inilrnationdl needs. solia prcdominantly vl- Ihe youth. th¢ cldcrly and Lominui)ily gmups ol. dll abiLN. mLelin¥s. 3.2 Volunteers Thc ifestry is &Fra¢cful for the timc frccly given by a numbcr of volunteers, without whom aLlivilies would be unable lo op¢rat¢. any of the
4.1 AchIevenntS and performance- Priest in Charge Report St David's has been a significant part of the IoLdl C" d',Iil l)Ilton since ils foundation in 1941. Thc RCK 'd was appotnted as Priesf-in-charge in Octobi r _ oad Nonh) established al the same lime. Si t)a%'id's rcmdins ioinmitted iv lay iDvulv¢incnl in our community Ille al Si DaN'id's. Buildings The building is cared for and maintained by members, with re with as they arise. Crumbling lintels in 189 and 191 Crewe Road North were repijced with assistance from the Diocese of Edinburgh's St Andrew's Fund. airs dealt Worship Sunday worship last yeaf saw average attendance of around 2$ lan increase of five since last year). Thi5 increased markedly on spècial occasions such as Christmas (when 45 attended) and Easter Ivlhen 47 attendedl. The Eucharist 15 celebrated every day and the Offices of Morni and Evening Prayer prayed in Church. On Thursdays the Eucharist is followed by lunch and is consistjntly attended by at least eight people. We continue to use Powerpoint for our services, enabling the tsse of images in worship and making worship more accessible. A local African congregation worship in Church on most Sundatrs and meet on other occasions. g Prayer C.'ommunity We continue to support the Food Bank organised by Granton 8aptist Church. The Franciscan Brothers assist at the Granton Baptist Foodban and the Community Food initiative based in St Salvador's Church in Stenhouse. We have begun a breakfast initiative where folk from the local community {and further afield} can come into Church on Saturday mornings for a bacon roll and up of coffee. We host a baby weighing clinic in partnership with our local Health Practice.
The Franciscan Brothers are volunteers at the Ferrywell Youth Ftoject at which they participate tn youth clubs, offer support to young people and help with residential activities. The Vestry continue to support important social projects both lècally and overseas. We are active Ecumenically within the area and have particularfv strong links with Granton Baptist Church. Diocesan sUPPOrt/ Team Development. The Diocese continue to support the financing of a full time mirtisterial post. Our current Treasurer has announced his intention to retire but: he will be replaced in January 2025. The Treasurer will be supported by a book keeper. The Vestry will conts'nue their development in support of our clérgy in mission and in caring for the needs of our congregation. Futurc plan The Vestry look forward to continuing in partnership with the society of St Francis.
4.2 Financial R'le b). TreaSUr This h&¥ bcen thc fiT5t full Y¢ of St David s operation as a church revitali5cd by Ihc prcs¢nc¢ and ministry of thL SSF Financially this would be imtK)&sibl¢ withoui the financial supp)rt of thc Dio¢es¢. ThLSe a¢coun15 %ho4' Ih31 the church suffcred a small defs¢ii of 804 s lalong8idc rLscrv£s of 47.(KX>sig) Diocesan means that St Dai'id's docs carry the costs of a slipcnd for IL% full time priest Currenily if thai support wcrc not ¥vailablL' the chfych rescrvc would bc uscd up Rn me 18 months (YCC commLLs on Reserves below) There are signs howeN"¢r that this situaljon Is improi'ing. Dcspitc the 10&8 of 'enuc (rom property rentals lonc prop¢rry suffered thc lus% of a tenani for a short p¢riod an IhL odier is now giN'en over lo SSF as a l-.riaryl Ll is notablc ihat plcd¥¢d giving has Incrcascd Signif1&7ntly reflc¢ling the intLnded re,11)311on of the congrcgation The net effect of ihis 18 ihal In¢om has actually slighily incrcased There were a numb¢r of 2023 propertv r¢furtiishment expcnse& .l¢h were pai4 al thc I'ery start of thc )'car. li was explained in l&%t vear's accounts thal th¢ ¥USis of these M'o Id th¢for¢ havc to he carried in 2024 Th15 15 furth¢r commentrd upon in the notes bel bui il Is reasonabl¢ to explxi that SULh cos15 H'ill noi impact St David s in 2025 The def11 lor thc ycar 15 iherrfore Ihc rUl1 (Jf si¥nifiLanil)' Inircascd ¢xp¢ns¢s.' particul]). in ielaiion to the continucd refurbishmeTrl of the Friar). and mainlcnanL¢ L0514 of tho other rental prvpLrty. It is also notable that ihe C-hurch building is rK)W OPLn e¥ery day and in ar congtart¢ usc fvr w'ur5hLP and supporl of the Lommunitv Thc cxpcnscs associatcd lih thcs¢ actii'ilie5 ha¢ 2150 significantl). incr¢ascd huw'eier tbcs¢ co>ls are in a sense mosl w'clcome Reserves The veitry h&% pre.10SEY adopied a pilicy of maintaining a Icvcl of unr¢striLled seTrcs Such that. in ihc e%'cnr of a significanl drop In incomc. lh¢ church would be abl¢ tv thdiniain its current Ici'cl of aciii'ities for thc n¢ii 2 ycars at Ic&sl. HowcN'er this is nol suststhable in the future IgiNcrb thv lus5 uf inLom¢ from pro%'idmg a house for the Friary). Dcspltc the ILK'el of suprA)rt proN'ida b}. Ihe Dioc¢se deiailed above ihere is a Lontinuingp for ifftesimcnl in pn)pcrty and Lyuipment to %upport a rc¥italised pr¢sen¢¢ m Pilton. For the shorl to medium ierni m). ¢xpeLtsfion Is ihai we seek io mainlain rcsm'p> 10 SUPEK)rt I v&ir of adivity In ihc cv¢nt of a sig7nificant drop in Income (%uch as the loss of Diocesan suppon which wc CXFKCt would be given M'ith a y¢ar s notice). The nei effect of ihis thould be io enable ffic oui¢ome sought by ihe previous w)licy. Statement of the V'estn. Member's Reiponsibtlities Th¢ members nf thc Vtry must preparc finanLldl sthtements which gil'e suITici¢nt dctail to enablc an xpprLYiaiion of the IransaLiions of the Church during thc financial year. c mLmbcrs f rhc '¢tr5" are responsibl¢ for k¢L'ping proper accounting rccords whiLh. on u¥%1. mu51 rcflcLi ihe curreni financial posiiion of the Church ai ihat timc. This must bc do•c 10 ensure that the finCl2 stsietncnl% complv with th¢ Chaniity and TTustr¢ Investmcnl {S4otlandi Acl 2005 and ihc C-hanties Acc()unts {Scotlandl R¢gulaiions 20(b. They are also respoii%ible for safegiiarding ihe as15 of the Chur¢h and musi tak¢ r¢asonable steps for the preN'etion andlor dcteciion of fraud and other iTr¢gulaniies. On beh*lf ofihe %t5tTh
IP4DEPENDEliT LXAMINER'S RTr'PUR'I' TO TEIE 'ESTRI. OF ST DAI'ID'% EPISCOPAL CHURCH FOR THE I'LAR ENDED 30 SEPTE,NIBER 2024 I report on ihe accounts of Ihe charity for the ear ended 30 S¢pt¢mbcr 2019 whi¢h are sel oul un pages 5 10 7. Re%i)ective respon$ibilities of vtrY Members and examiner ThL L'hurch's Veslry Inembers are responsible for the preparnlion of th¢ accounts i accordance with ihe ternis of the Chunties dnd Tnjslce Investment {Scoilandl Acl 2005 d Charilies Acci)unl.s ISLotlandl Regulations 9006. The Church's members of Ihe vestry con idcr that the audit requirement of Regulation l 01 l ) {dl uf Ihe ALL()un15 Regulationq does not atplv. It is my re5tx)nsibilily lo examine the accounis as requir¢d under scction 44{1 l (c) of tht ALI and lo siatL whether particular malters have come lo my attention. Bfi$is of independent exxminer's $tgtemenl My examiniltic)n is LamLd out in accordmnce with Regulation I l of lh¢ Charities Accounts l%iotlandl Regulalions 2006. An examination include5 a rei'iew of ihe accouniinby record.s kL'pl by the chdrily and a comparison ol the aciounls prcsenled wilh those record.s. 114150 includes consideration ot'any unusual IleTllS 1?r dtsclosurcs in th¥ accounis, and seeks cxplanalions from the Iruslees concerning %uch matters. The procedures undertaken do not pnJvidL' all the ei'idence thal would be required in an audit. and con%equ¥nil> I do not cxprcss an audit opinion on th¥ vieH' giv¢n by thc accounts. Dale 12th December, 2024
ST DAI'ID OF SC.OTLAND EPISC'OPAL CHLRCH RECEIPTS AND PAYMENfs ACCOUNT FOR THE I'EAR E.NDED 30 SEPTEIIBER 2024 Receipt5 40tes 2024 2023 Volunlary InLf)mL PILd8ed Giving Open Plate Gift Aid claim¢d Gifi Aid receiN'ed (for 2023) Special Collfftions 12680 3669 8$16 -3023 2610 40 2331 Donation Receipts from property Income IN¢tt for 23) 930 9507 14400 Bank Interest Granls 313 Total Receipts 29749 28608 P•yments Stipend - pan time including NHI ¢ontributions and Pcnsion Payments To Charitsble a¢iii'ities (N'oic 5) 2188 Quots paid to Diocesc of Edttiburgh (includcs £2.320 for 2023) Trustees ExpLnscs Other clergy and supernumerary Costs 4825 221 58 Property Cosls 189 refurb Property Costs other Altar and Worship C0515 Administrative Expen5eS 4760 4422 7629 1139 1468 Noie 4 15087 1*6 2549 No3 Total paymenls from charitable activities Totil payments 30593 14880 Exeess lttcome over Expenditure 444 13728
ST DAVID OF SCOTLAYD EPISCOPAL CHURCH I%OTES TO AC'COII.YTS YEAR ENDED 30 SEPTENIBER 2024 TRUSTEE EXPENSES Remuneration None of the Vestry members received remuneration or expense reimbur*menls in respect of their position as Vestry members. Therefore expenses paid io members of the Vestry were as follows: 2024 2023 £0 HMRC - Gifi Aid Gift Aid lor 2023 was received at the starl of the financial year and is shown above, Gift Aid has now been ¢laim¢d for 2024 (expected to be approxiinalely 26001 As is our poli this will not bL accrucd but rather reflected in our dccounls when rcceived. ADMINISTRATIVE EXPENSES 2024 2023 Church Insurance Stationery Posta8e Conferences Copyright Licence Bank Charges Sundry costs.. altar. retiral. equipment, priest expenses Youth support Total 1122 426 759 473 93 144 126 875 2549 1134) 2607
PROPERTY EXPF.NSES 2024 2023 Heat and Light Church maintenance and cleaning Church Repairs/lmprovements/signage House Electricity Church House5 Insurance Emergency Cover Letting Agents fees lincome 2023 is nettl Church Houses Maintenance and Repairs 189 1191 3814 876 945 2284 395 347 736 3321 1079 8919 4423 Total 15087 12052 Ileai and Light include¥ a lar8C '(>verbillin¥" by SSF. Icaving ihe (hUh iurrLnily in ¥T¢dil Plca.4e iii)i¢ ihai Ihc coyly ideniifi¢d wilh the rel'urbi%hm¢nl ol. 189 Crewc Rua41 North Iihc Frinryl w¢rL billcd in this finHniial year and indcLd ihc i(Ixt ol- thiSL work% wer¢ $18nifiLunily 8feAicr th8n JnliLipuicd S GIL4IYTSIDONATIONS RECEIVED Y4nd PAID 2024 2d23 Received Charitable Donations 2188 PIca5c nL)le ihot paymenis for th¢ Iwst finanLial year end include £750 io thrce seleLied ¢harilies al[)ngid a further six d£inution% for lh¢ curyent ycar
PROPERTY The church, and houses are not shown in the stalement of balances as the Vestry belibvcs thal it is not possible lo place a market i'alue on them. Church furniture and fittings are al shown as "nil, value. The valualion of the buildings for insurance is.. Church £763547, Houses I603000. Church Contents are insured at £65347 CLOSING BALAYCES Reliance Bank 35 day notice alc Reliance Bank Current al 11938 Tolal 47106