The Church of Scotland
Carmyllie Kirk
Congregational Accounts For the year ended 31st December 2022
Charity No: SC 017424 SC ON74E QA . 2099.
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Reference and Administrative Information
Charity Name:
Carmyllie Kirk SC017424
Charity Registration Number: SC017424 Congregation Reference No: 301790 ContactA d re s : ;
Bankers
Bank of Scotland 11 Bank St. Kirriemuir
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Trustees’ Annual Report Year ended 31 December 2022
Structure, Governance and Management
Governing Document
The Church is administered in accordance with the terms of the Deed of Constitution.
Recruitment and Appointment of Trustees
Members of the Kirk Session are the charity trustees. The Kirk Session members are the elders of the church and are chosen from those members of the church who are considered to have the appropriate gifts and skills. The minister, who is a member of the Kirk Session, is elected by the congregation and inducted by Pr ‘february 2020 theee... as minister for Carmyllie. continues to act as interim moderator while a this-W ministerperiod. is sought. locally ordained minister has conducted services during
Organisational Structure
The financial affairs of the congregation are administered by the Kirk Session chaired by the delegatedminister underto the aProperty unitary constitution.Committee. It meets throughout the year although some matters may be
Objectives, Activities and Achievements
The Church of Scotland is Trinitarian in doctrine, Reformed in tradition and Presbyterian in policy. It exists to glorify God and to work for the advancement of Christ’s Kingdom throughout the world. As a national Church, it acknowledges a distinctive call and duty to bring the ordinances of gion to the people in every parish of Scotland through a territorial ministry. It co-operates with other Churches in various ecumenical bodies in Scotland and beyond.
Sunday school facilities/classes continue to be provided as required.
We organise occasional social events for the community.
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Trustees’ Annual Report (cont) Year ended 31 December 2022
Financial Review
During the year the Church raised £25,088 (2021:£26,714) from weekly offerings, gift aid donations, legacies, investment income, general fund raising activities and glebe rents. Against this, the Church incurred running costs totalling £25,898 (2021:£21,946), leaving a deficit on unrestricted funds for the year of £810 (2021 surplus:£4,768).
Reserves Policy
At the year end the Church held unrestricted cash funds of £73,139 (2021:£73,949). The Church held no restricted funds at the year end (2021 :£nil).
Statement of Trustees' Responsibilities
The members of the Kirk Session / Congregational Board must prepare financial statements which give sufficient detail to enable an appreciation of the transactions of the Church during the financial year. The members of the Kirk Session / Congregational Board are responsible for keeping proper accounting records which, on request, must reflect the financial position of the Church at that time. This must be done to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 and the Regulations Anent Congregational Finance approved by the General Assembly of the Church of Scotland in 2007. They are also responsible for safeguarding the assets of the Church and must take reasonable steps for the prevention and/or detection of fraud and other irregularities.
Approved by the Trustees and signed on their behalf.
Session Clerk
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Independent Examiner's Report to the Trustees of Carmyllie Kirk
I report on the accounts ofthe charity for the year ended 31 December 2022 which are set out on pages 5 to 10.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006.
The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
An examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the trustees concerning any h matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner’s statement
In the course of my examination, no matter has come to my attention
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|. which gives me reasonable cause to believe that in any material respect the requirements: ® to keep accounting records in accordance with Section 44 (1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and
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to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met, or
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- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts
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Carmyllie Kirk Receipts and Payments Account ttYear ended 31 Decembereecem ber 20222022
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|---|---|---|---|---|---|---|---|---|---|
|Unrestricted|Restricted|Endowment|
|Funds|Funds|Funds|Total|Total|
|Receipts|2022|2022|2022|2022|2021|
|Donations|Note|£|£|£|£|£|
|3|15,375|
|Legacies|-|15,375|15,729|
|3,377|-|
|Activities|for Generating|Funds|1,948|-|-|3,377|3,486|
|Bank|&|Deposit|interest|-|.|--|1,948-|1,613|
|Investment|income|1,571|-|-|
|22,271|-|--|22,2711,571|22,3751,547|
|Sale|ofassets|
|‘|-|-|s|
|Sale|of|investments|.|
|-|-|-|-|
|Grants|-|
|<eceipts|from|General|Trustees|--|--|--|--|-|
|Income|from|land &|buildings|2,817|-|-|
|Other|Receipts|=|-|--|2,817|4,339|
|Total|Receipts|25,088|7|
|:|25,088|26,714|
|Payments|4|
|Costs|of generating funds|-|-|:|-|
|Charitable|activities|(25,898)|-|-|
|Governance|costs|s|-|(25,898)|(21,946)|
|-|.|“|
|Total Payments|;|(25,898)|:|-|(25,898)|(21,946)|
|(Deficit)|/|excess|of|Receipts|(810)|-|-|(810)|4,768|
|ov.|Payments|for|the|year|
|before|investments|
|Purchase|of investments|S|=|a|-|7|
|Deficit|/|(excess)|of|Receipts|(810)|.|(810)|4,768|
|over Payments|for the year|
|Transfers|to/(from)|funds|"|“|-|7|i|
|(Deficit)|/ Surplus|for year|(810)|(810)|4,768|
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Carmyllie Kirk Ee WNIPK Statement of Balances ——SS NE balances HCDAt 31 December 2022ULL
| Unrestricted | Restricted | Endowment | ||||
|---|---|---|---|---|---|---|
| Bank& Deposit Balances | Note | Funds 2022 £ |
Funds 2022 £ |
Funds 2022 £ |
Total 2022 £ |
Total 2021 £ |
| Bank & deposit balances | ||||||
| brought forward | 73,949 | - | - | 73,949 | 69,181 | |
| Movement in year: | ||||||
| ExcessofReceiptsoverPayments fortheyear | (810) | - | - | (810) | 4,768 | |
| Bank & deposit balances | ||||||
| carried forward | 2 | 73,139 | - | : | 73,139 | 73,949 |
| Investments at market value t market value |
||||||
| Cost £9,499 (202] £9,499) | 35,467 | - | - | 35,467 | 39,671 | |
| Assets | ||||||
| VAT Recoverable |
||||||
| . | ||||||
| Other debtors | - | - | - | - | ||
| - | - | . | - | |||
| - | ||||||
| Liabilities | ||||||
| Ministries& Mission Contribution | - | . | . | |||
| Winuow Project | = | : | - | - | ||
| Othercreditors | 4,429 4,429 |
- - |
- - - |
- 4,429 4,429 |
: 3,846 3,846 |
[he a) KH accounts were approved by the Kirk Session and Financial Board on hg | March 2023.
Session Clerk
Carmyllie Kirk Statement of Balances
Notes to the Accounts
- Trustee Remuneration and Related Party Transactions
With the exception of the Minister, no other trustee received any remuneration or reimbursement of expenses during the year.
No trustee or a person related to a trustee had any personal interest in any contract or transaction entered into by the charity during the year.
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2. Movements in Funds
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|---|---|---|---|---|---|---|---|---|
|At|1|Jan|At|31|Dec|
|2022|Receipts|Payments|Transfers|2022|
|£|£|£|£|£|
|Unrestricted|funds|
|Designated|Fabric|Fund|.|-|-|-|-|
|Designated|Music|Fund|-|-|-|-|.|
|Designated|Sunday|School|Fund|-|:|:|:|-|
|General|Fund|73,949|25,088|(25,898)|-|73,139|
|73,949|25,088|(25,898)|-|73,139|
|Restricted|funds|
|Window|Restoration|Fund|-|-|-|-|
|Endowment|funds|
|M.|Gibb|Trust|-|-|-|-|-|
|Total|funds|73,949|25,088|25,898|:|73,139|
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Purposes of Designated Funds
Fabric Fund: The Trustees have set aside funds for the maintenance of the Church property
Purposes of Restricted Funds
Window Restoration Fund: This is a fund to provide for the restoration of the Church stain glass windows.
Purposes of Endowment Funds
Income from the M. Gibb Trust is to be used to provide Sunday school teaching materials.
Carmyllie Kirk Notes to the Accounts
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|---|---|---|---|---|---|---|---|
|||Unrestricted||Restricted|Endowment|||
|||Funds||Funds|Funds|Total|Total|
|||2022||2022|2022|2022|2021|
|||£||£|£|£|£|
|3.|Analysis ofDonations|||||||
||Gift Aid Donations|4,474||.|-|4,474|6,058|
||Tax Recovered on Gift Aid Donations|2,250||-|.|2,250|3,336|
||Ordinary Offerings (Open Plate)|7,786||-|-|7,786|5,870|
||Other Offerings, Donations etc|865||-|-|865|465|
|||cues:|“Gimmes!||qpemep|SALES||
|4.|Analysis ofPayments|||||||
||Costs ofgenerating funds|||||||
||Investment Managers’ fees|-||-|-|-|-|
||Offering envelopes|-||-|5|-|-|
||Charitable activities|||||||
||Ministries& Mission allocation|10,176||-|-|10,176|8,964|
||Presbytery dues|225||-|-|225|202|
||Voluntary Additional Stipend|-||-|-|-|-|
||Minister’s expenses|-||-|-|-|-|
||Ministerial Assistance|.||.|-|:|-|
||Shared expense|94||-|:|94|811|
||Locum costs|6,525||-|-|6,525|6,028|
||Fabric repairs& maintenance|875||-|-|875|587|
||Council Tax|-||-|-|-|-|
||Heat and light|2,064|-|-|-|2,064|1,176|
||Insurance|2,374||-|-|2,374|2,456|
||Glebe expenses|1,498||-|.|1,498|1,494|
||Church office expenses|-||.|-|-|-|
||Organ & music|-||-|.|.|-|
||Printing, stationery and postage|-||-|-|-|-|
||Other expenses|2,067||-|-|2,067|228|
|||25,898
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:
25,898
ee|||||21,946|
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Carmyllie Kirk Notes to the Accounts
5. Minister’s Stipend
| 5. | Minister’s Stipend | Minister’s Stipend | Minister’s Stipend | Minister’s Stipend |
|---|---|---|---|---|
| All Church ofScotland congregations contribute to the National Stipend Fund which bears the costs ofall ministers' stipends and employer'scontributions fornational insurance, pension and housingand loan fund. Ministers’ stipends are paid in accordance with the national stipend scale, which is related to years ofservice. For the year under review the minimum stipend was £28,700 and the maximum (after 5 years) £35,269. |
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| 2022 | 2021 | |||
| 6. | Collections forThird Parties | £ | £ | |
| Heritage Society | - | - | ||
| Church magazine | - | - | ||
| Christian aid | ||||
| - | - | |||
| National Churches Trust Ukraine collection |
- 235 |
200 : |
||
| . | 235 | 200 | ||
| =e |
7. Expenses paid
The minister received payment of £nil (2021: £nil) for travel.
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' APPENDIX
FUNDS HELD ON BEHALF OF THE CONGREGATION
BY THE CHURCH OF SCOTLAND GENERAL TRUSTEES
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|---|---|---|---|---|---|---|---|---|---|
|2022|2021|
|£|£|
|CAPITAL|ACCOUNT|
|Credit|Balances|held|at|31|December|at|cost|28,112|28,112|
|Market|Value|of Balances|at|31|December|42.472|45,781|
|‘REVENUE ACCOUNT|
|Credit|Balance|at|31|December|62,807|58,524|
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TEMPORARY ACCOUNT
Credit Balance at 31 December : ‘