Page I CHURCH OF SCOTLAND ABERLEMNO PARISH CHURCH Receipts and Payments Accounts 2022 Congregation No- 301776 Charity No: SC018944 PRESBYTERY OF PERTH
Reference and Administrative Information Page 2 Charity Name: Aberlemno Parish Church of Scotland Charity Registration Number: SC018944 Congregations R¢f¢r¢nc¢ No: 301776 Contact Address: Wood ot- Aldbar (.'ottage Brcchin DD9 6SZ Trusteej Year Ending 31.12.2022 Kirk Session: CongregtlODal Board: All Elders serve on tbe Congregational B08rd and all office bearers are ex officio members of the Congregational BoaT<L Principal Offi¢e•bearers: Minislcr= Interim Moderator: Session Clerk: CI¢Tk to the B(Mrd Church Trwu .2022 Indep•Dd¢nt Exmln•r: BaDk¢rJ- Royal Bank of Scotland 65 Fast High Street Forfar DD8 2EP
Pagt 3 t¢e8? Annual Re ort: Aberlemno Pari8h Chureh of Seotland SC018944 Organisational Strueture and ernrnent The Longregation is admmtstered in accordance with the Model Constitution of the Church of scotlan The Kirk sessio consist1 origmally, of the Minister, tho . W&8 elected by the congregations and Inductcd by the PresbyLery. now the Interim Modcrator appoitrt¢d by PLrsbyt¢ry and El(IcTS Ghos¢n by thc Congregation and Ordained by the Kirk S10 deals witb thc administiation of Mattcts SpirAtual. Thc Congr¢gationul Boar(L con3isting of th¢ Minist¢r, Eld¢ts and Ijoatd members, dds with the admiillslrntion of Matters Temporal. The weekly worship 18 led by an OLM wbo also 1¢8 some pastoral dutie8 within the limited time Avgilable. ReeruttmeDt aDd Appolntment of Tr118tee8 Kirk Session eIK[S ate tbe E1{k of the Church and ar¢ chosen fru those m¢mb¢rs who are ¢onsid¢red to have thc apF)ropriate and skills. Board M¢mbern are for a period of tbree yeor8 at Th¢ Statcd knnual M¢¢tiDg of the Congregatio Objeetive8 gnd Activities The Church of Scotland is TriniLqrian in Doctrine, Refonned in tradition and Pt¢sbyterian in )lity. It exists to glorify God and to work for the advancement of Cbrist's Kingdom througbout the world. As a national ChUh it a¢knowledg¢s di5tinctivc call and duty to ]llg thc oluaur¢S of ligIon to th¢ people in every paTish of SGotlaud thtough a tGttitorial fflilli5tsy. It ci)opcrntes with other Churches ill various ccumcnical bodics in Scotland and beyond. The purposes of the Clwity are to provide the Sacraments and Ordinances of Religioffj Pastoral Care and Christian Education and F¢llowship within th¢ lesiasti1 P19 of Aberlemno to any who seek to avail of it and to those beyond tts houndarie5 wbo are members or adberents of the c.ongregation. During the12st year there w&q weekly worqhip at either l Q.00am or I1.30am. Abcrlcmllo is a friendly and w¢l¢oming Church and its manbS tribU muknh to the wider Community. Because of the proxirnity of the farn0 Aberl¢mno Pi¢tish Stones we welcome the return of many visitors from all over the world. Our Tegul8r fund raiging and social 2rtivitieg took place throughout the year and included a Quiz Night and CotTee Morning. Our 'Snwtte Saver, continues unabated. Another successfill 'lrnctor Run and a (iarden "lea Was also otgamsed with 211 proceeds dOEhed to our ChurckL
Page 4 Financial Review Various chang¢8 sin¢¢ th¢ Covid pandcmic havc rcmaincd in th¢ pottern of giving during this wiod. Sevcral membcrs of th¢ llgatIon continue to use bank transfer to ensure their offerings were received. In additio donations were received from merntr8 of thc local community and furth¢T afi¢ld. The thx tlaIMed on Gift Aid donations and, Gurrently? the Open Plate through the Small Donations Scheme makes an enonnous difference to the statement of accounts. At the year end the Church held unrestricted funds of £36,951 and Testri¢t¢d funiL8 for fabric expenditure of £13,466 Re8ervey Policy Th¢ Congregational Rer¥¢ Funds consist of. l. The Fabric Fun(L held in th¢ Church of Scoti8Ld Irtvestors Trust and the Local Fabric Fund which is used tor Fabric Expenditure on the Church and the Mans¢ at Guthri¢. 2. The Congolidated Fabrie Fund held in the Church of Scotland Investors Tn which represents the qurplus of the proceeds of the sale of Aberlemno Mansc and revenue from its investmenL These funds are also h¢ld for Fabric exp¢nditurc. 3. The Res¢rv¢ Ac¢ount which has no rc3trtclinn$ on its use. Up to date detsils of these investments are in the attached accounts. There is no planned expenditure fDr the )'e2r ahead. Statement of TruxteLq' Re$ponsibilvtie5 The Members of the con¥111 BiTr<trd iiiusl i)I"ti)arc fin]CIal statcm¢nt3 Nvhich give sufficient detail to enable an appreciation of the transactions of the chUh during the financial year. The members of the Congregational Board ore reswnsible for keeping Proper accounting r¢cords which, on requesL must r¢fl¢¢t the flllancial position of the Church at that time. This must be done to ensure that the fuwicial statements comply with the Charities and Trustees Investm¢nt Act (Scodand) 2005. The Charities Accounts (Scotland) Regulations 2006 and the Regulations Anent Congregational Fmance appmved by the Qcneral Assembly of the Church of Scotland in 20U7. Jhey are also r¢srthisiblc for safeguarding the &8sets of the Church and MSt tdkc reasonabl¢ steps fr)r the PTevention 4ndloT detectioll of fraud and othcT iegUlarItieS. Approved by the Tn8 and Signed on their behalf, gtk
Page 5 Aberlemno Parfsh Churth SC018944 Report of the Independent Examlner Respectlve responslbllltles of twstees and examiner The charity trustees consider that an Independent examination is rseeded under section 44111 Icl of the Charities and trustee Investment (Scotlandl Act 25. It is my responsibility to examine the accounts under section 4411) Icl of the Act and to state whether particular matters have come to my attention. Basi5 of the Independent examinerf¥ ststement An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It a150 includes ron5ideration of any unusual Items or disclosures in the accounts, and seeking explanations from the trustees concernlng any such 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 account5. Independent examlnerfs slatsment In the course of my examinatlon of the Statement of account for the year ended 31 December 2022 no matter has come to my aErentlon, which gives me reasonable c#usÈ to believe that in any materi31 respect accounting records have not been kept in accordance with SectN)n 44(Illal of the Charlties and Trustee Investments Iscotlandl Act 2005 and Re8ulatKJn 4 of the Charities Attounts Iscotlandl Regulattons 2C the accounts do not accord with those records the 5tatemeni of account do not comply wlth any of the requirements of Regulation 9 of the Charities Accounts15cotlandl Regulations 2CI)6 to which. in my opinion, attention should be drawn In order to enable a proper understandln8 of the accourrt to be reached. Date.,
Aberlemno Parish Church Reeei tsandva ments Account Year ended 31 Dccemb¢r 2022 PAgÈ 6 Unresirlcied Re51ri¢ied Endowment Funds 2022 Funds 2022 2022 Total 2022 Total 2021 DonatioAJg. Note 3 Legacies AGtiYitics for G¢ll¢rating funds 23,967 23,967 25.547 2.329 2.329 1,103 Relltal of preTnises Re¢eipts from Genernl Ttwtees Other Receipts Glebe R¢ni 1,350 1.35U 1.350 J46 Endowment incfim¢ T•tAI Receipts to Cener&l FuDd U&S90 £28J90 £28,606 Bank and Deposit interest: Reserve Fabri¢- lo¢al Fabrie- eentral Invesbnent Income Dividend- Fabric Fund 13 13 25 25 331 331 361 £13 £367 £364 Total Recei ts infludi BaDk Interest £28,003 £307 £2&970 £28,970 ment Nnte 4 Cost of generating fimds Charitable auivities Bank ¢harg 178 21.674 178 21.074 107 24.584 Total PAwments from General Fund £21.852 £2Q691 SurpluDcflciI of Rce¢ipts ov¢r Paymcnts fur th¢ y¢Jr b¢forf ¢ransf¢rs £7,118 Surplus £4.279 Surplus
Aberlemno Parish Church ststement of Balances At 31 December 2022 Page 7 Unrestricted Restricted End')ent Funds Fund Funds 2022 Tot•1 2022 Totsl 2021 2022 8nk&De 03it BAlfdDce8 Baok & d¢pts3ii ba1C iroU¢ forward Current Regerve Fabric 24.498 5.7(J2 24,498 5.702 13.099 20.583 5.702 12.735 13,099 Liabilities £30.21K £13.099 £43299 £39.020 Movement In year SwpluslDeficit of Receipts over P&ymellts for tbe year £7,118 Sury)]l £4279 Surplus £511,417 £43299 Bat)k attd deposit balances elf Cwycnt 31.236 5.715 31.236 5,715 13,466 £50,417 24.498 5.702 13.099 £43299 13,466 £13,466 £36,951 Inv¢t at market value Groth Fnd (cost (2.989) £16254 £18.180 Gift Aid e1&iable £4.0 The aLcounts were approved by the Klrk Sesslon and Financial Board on (date) 5ts..FIFrLH For and on behalf of the Kirk ss1On and Financial Board s$10 Clerk Treasurer
Aberlemno Parish Church Page 8 Nntes tn the Aeeounts l. Trustee ReAnuneration and Related Party Transaetion# During the ye2r 2022 no trLth, apart from tho Minister, re¢¢iv¢d any r¢imburs¢mcnt of expcnscs inCUd during th¢ year. The Minisr T1ved r¢imburs¢mcnt of cxp¢t6 amounting to£2,018 2. bluvyL Fulld Adjustrrbent for P4yments R•latln¥ to At 31.1222 Dlffer¢nt 2022 Reeelpts Poy¢n¢nts TrIrET¥ Lteiieral h'uiid 2,1.498 21,852 31236 R¢s¢rve Fuiid 5,702 5.713 Regtricted fuDds D¢sitwat¢d Fabri¢ Fund 13.099 367 13,466 Endowment funds - none Tolal Fuuds £43399 £2S970 £21,852 '{ othl funds shown above relate io Bank and Deposit Balanccs only and ¢x¢lude Fabri¢ monies invested in the c.hurch of Scotland Tni'cftQTS TTUSt Growth Fund (see Investment lection of 8t2& ternent of Balanccs) Purposes of Designated Funds Fabric Fund: The truS¢S have set aside fund5 for thc maintcnancc of the church property R¢scrv¢ Fund: No restrictions
PA%e 9 Unrestricted Restrktted Funds Fund$ 2022 Endowment Total 2022 Tot*1 2021 1022 3. Analysis of Donations WFO S¢hunc (noo Gift Aid) Qift Aid lknnattons RMv¢TryI- fjiliAid Doll10]1$ Ordinary OffffiDgs Plat¢) Other Offeritw, Dondtiv ¢tL 4,606 ,127 4.511 4,258 2.465 £23,967 4,606 8.127 4,511 4.258 2,465 £23,967 4,641 9.843 4,273 2,539 4,251 £25,547 4. AnAly8i8 of Payments C03ts of gcn¢r4ting funds Investtnent Managers, fees Qff¢ring envelopes und Raising Expenses 108 70 £178 108 70 £178 107 £107 ChAritabl¢ activities Ministrir5 & Mi55ivn allocation 12.860 448 12.860 448 15,702 407 Presbyrery dues Sunday School expens¢s Minister'8 &xpens 2.018 1.050 600 2.018 1.050 600 3.066 75 Pulpit gupply nther stsffing costs Fabrit repairs & maintenatte Heat and light Water 220 1.300 220 1.826 453 1,300 Insuranc¢ 1,692 1.692 1,703 Oth¢i buildin8 f4)5ts Other expens¢5 Printing T¢lephone 683 693 iio £Zl,674 683 693 iio £21,674 193 359 £2484 G'overnance costs Indcpcndcnt cxaminv'y fcGS Other payments PurchJge of investments
Page 10 Mini$t¢r's Stipcnd All Church of Scotland congregations contsibute to the Nationa] Stipend Fund which bears the costs of all ministers, stipends and employer's contributions for national insurance, pension and housing and loan fund. Ministers, stipends are paid in accordance with the national stipend scale, which is related to years of service for the year under review the n]inimum stipend £28,700 And the mgximiim stirend (Trn the fifth and gubseqiient ye.arq) £3S.269 Collection for Third Parties 2022 2021 Betel UK DEC Ukrain¢ A cai ie's Centre Christian Aid s Meals Scotland 221 484 78 112 149 102 65 Total £770
Page 11 APPENDIX FUNDS HELD ON BEHALF OF THE CONGREGATION BY THE CHURCH OF SCOTLAND GENERAL TRUSTEES 2022 2021 CAPITAL ACCOUNT Credit Balances held at 31 December at cost 33,616 33,616 Market Value of Balances 31 December 51,768 55.802 REVENUE ACCOUNT Credit BalanGe at 31 December 39,629 38.442