Cults Parish Church
Church of Scotland
Trustees, Report and Accounts
For the year ended 31 December 2024
Congregation No. 311887
Scottish Charity No. SC017517

Cults Parlsh Church of Scotland
Trustees, Report
Year ended 31 December 2024
The trustee5 present their annual report and financial ststernents of the charity for the year ended
31 December2024. The financial staternents have been prepared in accordance with the accounting
policies set out on pages 11 and 12 to the accounts and comply with the General Assembly
Regulations for Congregational Finance, the Charrties and Trustee Investment (Scotlandl Act 2fy)5.
the Charities Accounts Iscotlandl Regulations 2LM)6 las amended) and Accounting and Reporting bv
Charitles: Ststement of Reeornmended PrKtlce applicable to charities preparlng their èccounts in
accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland
effective from I" January 2019.
Objectlves and Actlvltles
The Church of Scotland is Trinitarian in doctrine. Refomied in tradition and Presbyterian in polity. It
exists to glorify God and to work for the advancement of Christ's Kingdom throughout the world. As
n•tional Church, it ècknowledges a distinctive call and duty to bring the ordinance5 Qf rell8ion to the
people In every parlsh of Scotland through a territorial ministry. It Co￿perate5 With other Churches in
various ecumenical bodies in Scotland and beyond.
In Cults Parish Church. services of worship are conducted on a Sunday at 10.30 am wlth addltional
evening gatherings at 6.CK) prn over the winter months. This year we have been triallinq a new way of
doing this, with an onlineversion and the opportunityto gather together. All services are live-streamed
and available for catch-up on the Cults Parish Church YouTube channel.
There is a Sunday xlK>oI (JAM - Jesus & Mel durin8 term time and while the creche is not currently
bperational we have created a welcoming space for youn8 families at the back of the church. Provision
for the young also includes School Chaplaincy atthe local primary and secondary schools, plu5 an after-
school club in the Kirk Centre each Friday during term time.
Pastoral visiting is carrled out by the minister and elder5. The minister. along with member5 who have
undertaken Worship Leading trainin& conduct monthly services at Tor-na-Dee Care Home. Deeside
Care Home. Florence Court (private sheltered hou5inq) and H•wkhill House Nursing Home on •
monthly basls.
The Care Group focuses on the elderly and visits many of those who live alone and assists where
necessary with activiti•s such •$ shoppiw. For thos• who •r• •bl* to g•t out •nd *I￿Ut, th•r• is •n
050 group and a coffee shop within the Cults Kirk Centre, a5 well as monthly 'Musical Memories., a
slnging 8roup to support people with dementii and their carers, family. and friends.
W+de use is made of am ow buildin85 by ourchurch organisations Such as the Guild. Cholr, Badminton
Group, and community 8roups Such as Mothers and Toddlers. danting. yoga. baby rnassage, youth
or8anisations etc.
Cults Parish Church is willing to engage with the need5 of the world beyond the boundaries of the
parish by extending the outreach of the Churth of Scotland both in the UK and abroad. The Church
support5 Christian Aid and other local and national charities. A Justice and Peace group raises
•wareness of the Christian dimension to contemporary issues.

Achlevements and PerforniarKe
A5 at the 31" Dtcember 2024 there were 552 mernbers on the Congre8ational Roll with an additiona
15 adherents. In 2024 there was I baptism. and there were 10 weddings and 24 funerals.
The life of Cults Parish Church is charncterised by an energy and enthusiasm which enables • wide
variety of artivities to tske place and ensures that our buildings and resources are well looked after.
This means that in addition to maintsining e￿$tIng groups we can •150 look to do new things.
The Church continues to make a warm. inclusive. and imaginative contribution to its community:.
Our Hub Cafe Is open three days per week. courtesy of a team of volunteers. It is a popular
meetlng place for all ages and when possible donations are rnade from surplus funds to local,
national, and international charities.
A monthly'men's Breakfasf was estsblished by our familiarisation rninister and has bteome a
regular event each month.
The "Summer Strawberry Teas" are extremely popular, and we See them as helpin8 to
establish the Kirk Centre as a focal point and meeting place in our community - for member$
and non-members as well as raising much needed funds fof local charities.
Our annual Christmas Tree Festival created 50rne ￿•r￿1e both OUts￿e and Inslde the church.
Trees were decorated by a number of school classes and other children and youth groups from
across the parish.
Our Fairtrade team Continue to raise the profile of fair-trade rnainly through an honesty stall
which is set up permanently in the Kirk Centre.
We contrnue to Work closely wtth ecufftenic•l partners t)ther k￿1 Church of Scotland
Congregation5. The P•rish Grouping is now well estsblished with a number of events helping
to brin8 four nel8hbourin8 churches together.
Newsletters are sent to members. adherents •nd those who have requested to be on our
mailing list. This proves invaluable in keeping people infomed about what is happenin8 Within
the church and community. The magazine is now i￿ued three to four times a year.
The church has V￿rked wtth the local Cornmunlty Councll to provlde support for those In our
community.
The church continues to support Christian Aid, throu8h a number of activities.
The Aberdeen C<m￿rt Band have made their Imxne at Cults Parish Church, and we continue
to build a good relationship with them and inte8rate them into the lrfe of our church through
concefts and Contributions to morning worship.
Christma5 Saw the church busywith our special services throughout December and particularly
on Christmas Eve being well attended by Members of the community. We also hosted a
suttessful Sants's Grotto organized by the Youth CoreGroup.
Hnandal Revlew
Totsl income for the year amounted to £275,(KKI. a decrease of £17.IJX)12023: £292,000).
This current yearf5 0fferin8s linclu(ting gfft aid recovery) of E125,LHJO were £2,OCK) above the 2023
offerings of £123,(￿. However, there were no legacies in 2024 {2023.' £38.(￿)). The 2024
¢ontributions from congregational organisations of £8.OCK) were £l.CKK) above 2023. The hall & room

rentals income of £53,{￿xI in 2024 was an increase of £8,1XK)12023: £45.ThX)I, the income generated
by the church's organisations increased to £71,(MX) 12023: £63,OLKII and other income (including
weddings and funeralsl rose to £IO,(KM]12023: £9.(MJ)). The deposit interest in 2024 of £8.0fy) was an
increase of £l.OCiI12023: £7.IJx)i.
Total expenditure for the period amounted to £312.(MIO, an increase of £42,OCKJ from 2023
expenditures of £270,CKX). The rnain unrestricted fund spend increases in 2024 included the increased
spend of £I5,c￿ on the building operating costs refierting higher energy and contract cleanin8 Costs.
There was an increase of £6.CW in the Giving to GfQW contribut•on, Presbytery dues were £l,OCKI
higher, the Church's organisations expenditures increased by £IO.OCQ together with higher
depreclation charges of £5.(m and an increase of £5.1MX) in other expenses.
The annual deficit of £36.(MX) in 2024 compares with the surplus of £22,(KMI in 2023 and reflects the
challenqes and significant cost pressures being faced going forwards.
Rlsk M•n•8ement
The Trustees, strategies are largely based on the expansion of youth, family. and community activitie$
and to make most effective use of both the Sanrtuary and Klrk Centre sltes wtth weight bein8 given to
outreach and financial considerations.
Outreach to the younger elernents of our parish is considered crucial to the medium and long term
welfare of our Chur¢h life. the Trustees being particularly conKious of the progressive ageinq of our
conqrqation.
The Cults Kirk Centre is eleven years old but rernains in excellent condition and the buildings at our
Sanrtuary site and at the Manse are also in sound condition. Both of the former sites are extrernelv
important to the on8oin8 church and cornmunity activities and are subjert to a condition based rolling
programrne of maintenance and repair. All of our buildings will require a continuous commitment and
24active property mana8ement In ordef to maintain and improve the overall facilities to offer
expansion of new opportunities for all ages.
The financing of fabric repairs and rnaintenance costs continue5 to be challenging and there is the need
to consider potentially significant annual increase5 over the next few years in the maintenance of the
properties at all our sites and in particular the Kirk Centre as it ages. We are also conscious of the
necessity to f+nance upqrade pro8rarnrnes in the new to medium term for our older ￿M$ •t the
Sanctuary site in order to maintsin them in such a condition as to continue to attract community and
¢hur¢h 8roups.
The church rernain5 in • 50und financial poSit￿n and is able to meet all its immedlate and medlum
term commitments. The Trustees are aware that from late 2023. limitations on the extent to which
the Kirk Centre is able to operate on a more cornmercial basis resulting frorn tax considerations, have
timed out leading to potential opportunities for improving our financial model.
Durin8 the year we have continued to operate our buildings and activities on risk assessed bases,
carrying out and updating Risk Management assessments in relation to fife risks. and individual
activities by church and community groups using our premises.

Resem5 Pollcy
At 31 December 2024 £387,917 wds held in unrestricted funds. of which £47.963 belonged to Church
or8anisations. Of the £339,954 remainin& £I(m).(￿ is designated for Fabrbc purposes and the balance
of £239,954. represents over nine months of the Church's 2024 expenditures. However, in future years
normal expenditure is expected to be maintained at a high level with the addition of extraordinary
fabric repairs and maintenance expenditure of over £20.CW in 2025. As a result of extraordinary fabric
repairs and rnaintenance and higher energy costs there will be a significant reduction in the level of
both the fabric ftsnd and the general re*r¥es.
In addition, £1,601 was held in endowment fund5 and £3.318 Is held In restrirted funds for the
purposes of theGrant Family Fund.
Strurture, Governance and Management
Th• Church is • Scottish r•8lst•r•d ¢h•rity, numb•r SC017517 and is •dminist•r•d in •ccord•nc• with
the terms of the Deed of Constitution {Unitsry Fonnl and is subject to the Acts and Regulations of the
General Assembly of the Church of Scotland.
Members of the Kirk Session are the charity trustees. The ￿1￿ Se5510D member5 are the elders of the
Church and •rechosen from those membersofthe Chur¢h who•re ¢onsid•red to h•ve th• •pproprl•t•
gifts and skllls. The Klrk Session meets in general five times a year and in addition to Property and
Flnance committees, has five themed teams comprising elders and members of the congregation to
support the areas of 'Worship & Faith Journey, Justice & Peace, Pastoral Care & Fellowship,,
'Outreach'. and Young People,. These teams and committee5 all report to the Kirk Se55ion.
Reference •nd Admlnlstratl¥e Informatlon: The Principal Office and Principal Office Bearers. the
names of Trustees and other reference Jnd •dminlstratlve Inf0m￿tk)n are shown on the next P•8e.

Trustees
t Death 9th A￿ust 2024
AS•bb•iiul 2024 AI4R•tlr•d 2* March 2025
AWIR•tir•d 25 March 2025
Principal Office-bearers & Trustees
Mlnirter
S•ssk*n a¢rk
D•puty S•sslon O•rk
Church Tr••sur•r
Prfnclpal Office Th• Chuvch Offl¢•, Cults Klrk C•ntr•, 404 North D••5kl• Rold. Cults. Ab•rdMfi A815 9TD
Scottlsh Charfty number SC017517
Independent ExaMIne￿ Chartered Actour)t•nL 17n* M••dows. Mllltlmb•r. Ab•rdM
Bankers Vrryin M¢n•y. l Qu••ns Cros4 Ab•rdwn AB15 4XU

Trustee< Responslbmltles In R￿atk￿ to the Anandal Statements
The charrty trustees are responsible for preparing o tru5tees' ann￿1 report ond financial staternents
in accordance applicable law and United Kingdorn Accounting Stsndard5 (United Kingdom
Generally Accepted Practice).
The law applicable to charities in Scotland requires the charity trustees to prepare financial
statements for each year which sh￿¥ a true and fair of the state of affairs of the chafity and of
its incoming resources and application of resources for that period. In preparing the financial
statements. the trustee5 are required to:
select suitsble accountinq policies and then apply them Consisten￿¥.
observe the method Jnd principles in the applicable Charrties SORP;
make judgements and estimates that are reasonable and prudent,.
stste whether applicable accounting standards and ststements of recommended practice
have been followed, subject to any departures disclosed and explained in the financial
ststements: and
prepare the financial statements on the going concern basis unless it Is inappropriate to
presume that the charity will continue in operational existence.
The trustées art responsible for keepin8 proper actounting records which disclose with reasonable
accuracy at any time the financial posrtion of the charrty and to enable them to ensure that the
financial statements comply with the Charities •nd Trustee Inve5trnent (Scotkindl Act 2005 and the
Charities Accounts (Scotland) Regulations 21x16 las amended). They are also fesponsible for
safe8uardln8 the assets of the charlty and hence for tskirq reasonable steps for the preventlon of
fraud and other irrequl•r1￿es.
The trustees are responsible for the maintenance and inteqrlty of the tharity and financial
Inlormation on the congregation's website. Legislation in the Unlted Klngdom governin8 the
preparation •nd dissemination of financial ststements may differ ftom legislation in oth•r
jurisdictions.
loved b the Trustees and signed on their behalf
Session Clerk
Date..

Cults Parlsh Church of Scotland
Independent Examinerfs Report to the Trustees of Cults Parlsh Church
Year Ended 31 December 2024
I report on the accounts of the tharity ft>r the year ended 31 December 2024 set out on pages 8 to
19.
Respertlve responslbllltles of trustees and exarnlner
The charitys trustees are responsible for the preparation of the accounts in accordance with the
terms of the Charities and Trustee Investment (Sco￿and) Act 2005 and the Charits'es Accounts
(Scotlandl Re8ulation$ 2LK16 las amended).
The charlty trustees consider that the audit requifement of Regulation 10(11 (•) to Icl of the
Accounts Regulations does not apply. It is my responsibility to examine the accounts as required
under section 44111 Icl of the Act and to State whether particular matters h•ve come to mv
attention.
Ba$ls of Independent examlnerfs statement
ty examlnation Is carrfed out In accordance with Re¢ulallon 11 of the Charliies Accounts Iscotlandl
Re8ul•tion$ 2c￿6 las •mended}. An examination includes • review of accounting fecords 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 such matters. The procedure5 undertaken do not provide all the evidence
that would be required In an audlt, and cansequentfy I do not express an audlt Opin1(￿ on the vlew
Ilven in the accounts.
Indepondent exarnlnerfs statement
In the cOu￿e of my examination. no rnatter has come to rny attents'on
l. which gives me reasonable cause to believe that In iny m•terlal respect of the
requirements:
To keep accounting records in accordance with Sertion 44111 {•) of the 2(X15 Act
and Regulation 4 of the 2006 Accounts Regulations, and
to prepare accounts which accord with the accounting records and comply wilh
Re8ulation 8 of the 2¢￿ Accounts Regul*ions have not been met, or
to whkh, In my opinion, attention should be drawn in order to enable a proper
understandlng of the accounts to be reached.
17 The Meadows. Milltimbw. Abeideen

Iii-

Cults P•i15h thurth
Balance Sheet
As •t 31 December 2024
2024
Flx•d •#•ts
T•thqlblt •ss•ts
4J.607
5ts¢k. ory•fiis•1ityis
I￿7
iU32
297.161
931
15,588
341,885
46.211
Cash at b•Dk •nd in h•nd. thurth
C•th it b•Thk •nd In ￿nd.
354357
404,615
u•￿1￿
Cr•ditors f•llln8 dwf**h•
io
341.982
a85.530
li
392,836
429.lJ7
Th•fvnth •fth•dwtr.
Urrntrtrt•d iur
C¥%l¥n•i•d luod%
General funds
Iw.(
239.954
47.963
101540
276,536
47,141
317.917
424.2
3,31
3,314
To1•1 Iw
392,836
429.137
Th* •¢rourbts •pProv￿ by Ihe S•Mion ￿ 25th 2025
For •nd oh b•h•ff tsf th• S•55b)n
sion Cl•rk
èsuror

Cults Parish Churth
Statement of Cash Flm
Year ended 31 December 2024
Tatsl
Fund5
Totsl
Funds
2023
Ihtere5t and Di¥ldends
Purchase of fix•d iss¢ts
&20>
6.952
124.3511 1305011
116.1421 123Y91
th•np •qU￿Al￿ts In th•yaw
144,0281
C•sh •nd ush ￿•*h¢(g￿Vard
J88,0* 384.(62

Cults Parlsh Church
Year Ended 31 December 2024
Accountlng Polld
Thè princlpal attountlng wllcSes. whlch have been applled consistently in the current and pr•c•din8 y•ar In
dealing with items which are consider•d mat•fial to th• a¢￿unts, are set out below.
Ba￿$ of PrepJrntlon
The accounts hav* been pr•par•d in accordan￿ with AccountTrn4 and ReportinK by Chèrlties.. Statement of
Recommended Practlce applicable to eharltl•s prepadn8 the1rac￿uTrts in accordanc• with the Flnanclal
R•portin¢ StaThJards applicabl• in the UK and Republic of Ireland IFRS 1021 i55ued on 16 july 2014, the Charltl•s
and Truste• IrN•5tm•nt1ScgtlarKII Art 2005 and th• Charttl•s Accounts (Scotlandl R•gulatl¢)ns 2th)6 la$
am•nd•dl.
Ftsnd •ccountlry¥
Funds •re cl4￿[fi•d •5 restrtrt•d funds. •ndowm•nt funds or unr•strkt•d funds, d•fln•d •s follows..
R•strl¢t•d funds ar• furwjs subl•ct to specific r•quir•nxnts as to th•ir us• which ma¥ b• d•clar•d by th• donor
or wlth th•lr aUt￿lIty or cr••t•d throuih l•pl PTOC•S5e8 but stlll wr¢hin the ￿d•r obl•cts of th• ch•rfty.
Endowm•nt funds afe funds which ￿¥* be¢n iN•n on condltlon that th• 0ri8inal capital sum Is not r•duc•d,
but th• Incom• th•r• from Is us•d for th• purpos• d•fin•d In actOfdanc• wlth th• obl•cts of th* ¢h•rlty.
Unr•strlct•d fvnds ar• exp•ndabl• at the di5cr•tion of the trustM5 in furth•r•rKe of th• obl•rts of the chjrity.
11 parts of th• unr•strlct•d funds ar• •arm•rk•d •t the dixr•tlon of the trust•es for • p•rticul•r purpose, th•y
•rn de51in•t•d •$ • g•yrJt• fvnd. Thls d•sl8natlon has an admlnlstrntlv• purpos• only and do•s not l•8al
r•strlct th• t￿￿•￿ dlscr•tlon to apply th• fvnd.
Incornln8 r•sourc•s
Incom• Is r•coonls•d wh•n th• charlty h•s •ntltl•m•nt to th• fvnds, •ny p•rtornMrK• condltlons •tt•¢h•d to
th• It•mlsl of IrKom• ar• m•t. It Is prob•bl• th•t th• IrKom• wlll b• I•¢•￿•d and th amount c•n b• m•asur•d
r•llably.
Don•ted ger¥kes •nd f•dlllles
Don•t•d proftsslonal s•Nlc•s and don•t•d facllltles ar• r•co8nls•d as IrKome when th• ch•rlty has control
over thé Itern. any conditions associat•d with th* donated item been mtt, tht ree¢ipt of etonoml¢ b•n•flt
from the us¢ by th• eharity of the itern is probabl• and that •conomic btnefit can ￿ rn•asured reliably. In
accordanc• wlth t￿ Ch•rlll•s SORP IFRS 102) th• i•noral vdunt••rtlmè of eowreRatlon•l m•mbtrs Is not
r•¢o¢nlJ•d.
On r•celpt, donated protss5ional servites and donated fatiliti•s are rec￿niSed on the b•sis of the value of the
81ft to th• charity whlch is th• •mount th• ¢h•rity would have b••n willirq to pay to obtain Se￿1¢•$ or hcllltS•s
of •qulval•nt economic ￿n•fit on th• op•n m•rk•t,' a correspondlrq •mount Is t￿n r•co8nised os •xp•nditur•
In th• p•rfod of r•c•lpt.
Interert Recelv•ble
Interest on fvnds h•kl on d•posit is Ind￿led w￿n r•¢eivabl¢ arKI th? •mount b• me•sured Teliably by the
¢h•rlty,' thSs 1$ nornially upon notfficatlon ofth• int•r•st p•id or p•y•bl• by th 8ank.
Resources eN￿ed
Expenditur• Is r•Co4nls￿ on an accrLwIs ￿51$ as the Iv4bility is irKurred.
li

Cults Parish Church
Year Ended 31 December 2024
countlrq Polldes Icontlnuedl
T•nRlble flxed assets
Th• church has th• rlght to ottupy and us• for its ch•ritabl• obi•cts c•rtain tarYdlbl• fixed a55ets. indud1￿ the
Church, Cults Kirk Centre, halb and rnan5e. vesied in the Church of Scotland General Trustees. No
eon5ideration Is payable for the use of these asstts. Expenditure incurred in the repair and m)intenJnce of
th•s• •ss•ts is char8•d 05 f•SOUTUS •xp•nd•d in th• St•t•m•nl of FI￿nCIlI Activitl•s in th• p•riod in which
th* Il•blllty
All t￿￿￿ts1• fix•d •ss•ts Cost1￿ In •xc•ss of £3￿ h•viw • v•lu• to th• ¢harlty 8r••t•r than OM y•ar, oth•r
than those •equlr•d lor sp•clfic purpos•s. ar• capit•lis•d. Depr•¢i•tion Is pro¥ld•d on i strnight.line basls to
wrlt• off th• cost or inltl•l valu•, l•ss r•sidu•l valu•, of t•wibh fix•d •sMts ov•rth•lr •stlm•t•d useful liv•s.'
Muslc•l •qulpm•nt
Church & Cults Klrk Centrn contents
Office, Gard•nini & Kitchen •quipm•nt
T•n Y•ars
Fl¥e Years
Four Y•ars
T•xatlan
Cults P•rlsh Church of Scotland Is r•co8nls•d as • eharfty fr*r th• purpows of •p￿lubl• t•x•tlon I￿l$l•tIon and
Is th•r•for• not subj•ct to taxation on its ch•rltabl• act(vfjli•s. Th• ¢h•rlty Is not r•ilst•rnd for VAT and
r•sources expend•d ther•fore include irre¢overabl¢ input VAT.
12

vo

¢N O
lJ%.
¢y ffl
ll l 11
Iii-
Iii-
Il Iiliiii

Cults Parlsh Church
Notes foimln8 part of the finandal statements
for the year ended 31 December 2024
2023
S•b•rfes and ways
SOCI￿ Nl & Plnsityb Cwtrll￿￿onjI
76,199
918
77.117
132.278
44,839
72.655
71,463
28.5471
44.916
1•55'. S•l•rw5 tharB•d to Ilub
S•lwy Costs IPb)te 51
The￿￿¢* ol emplo*es dudniihejw. ukul•trd thÈ
of h￿d Cf•Jffl, w•s Is frAkn*%:
2024
Numb•r
Nwnb•r
Admlnlstrnt
*J%ic staff
M¥b
P40 emplO￿t h•d empIty￿e benefits In exeeM•l £50Jm11023'. nll.
Chuwth ofStg>¢l•nd toth• Nitlwl SWp•fid Fund ¥thkh b••v5 ¢h• (05ts of•ll mlnhtqn.
stlpends •nd empl¢yfffs Il•bilrtyconlributlons lor n•tsoThd In5ur•Th￿. pen%lDn and •nd lo•th fvnd.
*nisters' I￿•￿d5 •re ￿ld in Ktord4oc* wtth thé itlpend st*bp, whkh 45 rel•¢ed to yt•r5 of serte. For
the yur under ieblew the mifilmum swptfid was £31.642 ihd the ffiulmurn 5tspend in the fifth and subsequent
Jrini the VY•r the fflknlfftr relmbursement for [r￿￿lIn$￿￿o oth•rexpen5•5 of £L856 •nd CourKI T
ol n.820wM p•id In r•sp•d ofth* manse
,1 trustee. rece￿ a ￿LIty of £3.512 fov hv 51vvlr•5
•• •Th Ict￿¢ Hub C•lé M•n•wlChef. The Ch￿1(￿ •f8A£.'
thllect% to uThdert•ke professknn•l serykes
durkn¢ the y*¥r •nwnlw¥tr*Q.120
n8 4 thwrth tru51E•.
Dw•1 th• ￿r• totsl 01£27,603 doMl•d to th• bytrurtms.

Cults Parlsh Church
Notes forrnlng part of the flnandal ststements
for the year ended 31 December 2024
T•rylbl• Flx•d Ass•ts
Olllc4 Churth &
& Klttherb
rk Ctntr*
Egulpmert
￿￿￿¢11
Equlpn*nt
Tot•1
At l J•nu•ry 2024
Addityons
At 31 D•c•mbw 2024
6316
128.915
23.882
152.797
145,029
24.351
169.380
469
6316
10267
Al l January 2024
•rye for ye•r
At 31 Dotember 2024
16.3161
19.(691
14871
19,5161
186.0471
116.617
1102,6641
1101.4221
117.1041
118.5261
16.3161
N•t Book V•lu•
At l January 2024
At 31 D•t*mb•f 1024
739
42.868
50.133
43,607
50,854
721

Cults Parfsh Church
Notes fornilng olthe flnJnd•l ststements
for the year ended 31 Dttember 2024
2024
2023
9 Debtrys
Glft Aid Tax RefurKI Due
Other dèbtors
7,171
4.061
4,878
10,710
11,232
15,588
10 Credltors f•lllni due wlthln one ye*1
Electrlclty and 8•S
Other creditors Ind •ccru•ls
3,338
11,037
2.934
16.151
14,375
19.085
11 Anjlysls of n•t ￿•ts lJ•twwn fynds
Flxed ass•ts
Current assets
stock- oryanlsatlons
Debtors
C•sh •t ￿fik Ind In h•nd- ¢hur¢h
Cash at bank and In hand- or8•nls•tlons
Current Il•bllbtles
50,854
1.057
11,232
192.243
1,057
11,232
297,162
46,￿6
114,3751
ith).
3.318
1,601
114.3751
N•t Av•ts •t 31 Drf•mb•r 2024
287.917
I￿.C
3,318
1,601
392,836
Flxed assets
Current ass•ts
Stock. organlsatlons
Debtors
Cash at b•nk •nd in hand - church
Cash at bank and In h•nd - O￿ni￿110n5
Current Ilabllities
43.607
43,607
931
15,588
236,426
46,211
119.0851
931
15.588
341.885
46.211
119,0851
I￿.540
3,318
1.601
Net Assets at 31 Oecembtt 2023
323,678
IOJ.540
3.318
1.601
429,137
17

Cults Parlsh Church
Notes forming part of the finanoal ststernents
for the year ended 31 December 2024
12 Movefflents In funds
at I Inc¢NThl￿
As•t31
J•nuary rewurr4s Tr•nsfeYs December
2024
2024
UnT￿￿￿ed lunds
Desiqnated Fabric Furrfl
Des*nated Youih FuThJ
Ico.c
ICfj540
276536
47.142
424.218
I￿.(
239,954
47.963
387,917
General Furyl
OrganLsatlon$
2LM.862
70502
275,364
1241,9841
169,681
1311.6651
Rthrl¢tod fvn
Grant Famify Fund
3318
5,318
M•￿1* & Sidney Reid Beqw
Tot•1 fundi
429.137
275.364
131L6651
392.836
As •1 I Incornl￿ I￿r4
Asatyi
J•nu•ry reJour¢u Trnnsf•rn De¢ernb•r
2023
Unrestrkted lunds
Desl8nat•d Fabric Fund
Desiqnated Youth Fund
1.454
101.4Y
256,732
44,104
402.2*1
19141
19141
L230
il¥JS40
176536
47,142
424,218
General Fund
Or8anlsatlons
228.512
63.028
291.550
1209.9481
¢S9,9901
1269,9381
316
Re#rfded fvn
Grant Farnity Fund
Appeal Fund
3,318
316
3.318
13161
13161
3.318
Endty•mrtrt funds
Maggie & Sidney R*Sd Bewi
Total fvnds
1.601
429.137
407,515
291.5SO
1269,9381

Cults Parfsh Chyrth
Note5formlng part of the flnandal staterneftts
for the year ended 31 December 2024
Purp(ws of d•*n•l•d fvnds
Fabric Fvnd
fvndsh•¥Y b•en set •sidefor extr•ordlTh•ryfep•itsand ofchurth propertlE5
Ytsuth Fund
F￿ jun￿ Chureh •nd yO￿h Work
Grant Family Fur￿ Thétr￿￿te5 *slde these fvnds fwChlllr*nd JuniorCIHwth
*wpeal Fund
To COmp￿te ttrkt ￿11th.￿ and furrth.ry ol rth¥ l•clft*s*nd outr¢•¢h In th• ¢ornmunity
Purpos•s of funth
Ma88ie & Sidrbey Reid Bequest For F•lyk purp0¥•5
13 R•￿￿11•t￿l olMI In lo••1 Ilowfrom
op•r•llni •cllvll
mo¥eMi In funds
136.3011
21.612
17,104
12,413
18.2091 16.9521
4.356
18.0581
11261
14.710)
04durt Interest Intome
O•crea5elllncrewl In d•bt¢>
Ilncr•awllD•cr•a¥• In stock- orynl¥t1￿s
ID•(r••wlllncrv¥ In cr•thor5
7,740
27.583
14 Coll•ctlons for thkd pwl
herde￿ Fwf: N1￿#0P
99
1443
Ald
Ald E•st AMc• Igpe•l
th￿$114t) Ald mIdd￿ E*#
thurch of Srotland HIV Apw
Ekwendeni Hosplt•l
ForyÈt Me Not
M•ry'¥ Me•ls
North East Stnsory StThie•s
lknhsound C•sh For KKIS
Poppy kotlarKI
383
313
371
316
1.209
435
IA37
249
363
S.752
In 8ddttion to the Co1￿￿9 Troted •bry￿. church org•nE4tvJns•ls0 r•ised •nd doroted £4,010 to loc•l,
ion41 •nd intwn*iion•l th•rIt￿$ the ye•r. £1,270w•s raised by membersdtsriry Christl•f*
d Wetk •nd avef £3.IrA rntsed by Chrithaft fund *Yetttswthkh tyjpporttd by m*mb*
IS Vo￿nI￿•
In common wSth all con¢re¢•tknns ol ihe (Thurch of kotl•nd. the ((￿relatIOn beneffts from the contributlon
made by Volunteer5Trh+￿8I¥elh￿T timt *nd tilEnts *ryll1rrf￿Tlo1 iht benefft tsf thE Church. Tht •re•s ol
conffregational lrft ¥thich rety on the Contribution olvdunteers •r¢ manyand varied and In￿h of the •rti¥ity
Id be un*bEe to toniinue r￿1 forthe c￿MItMent sho￿.
19