CHARITY REGISTRATION NUMBER." SC019846 Glasgow Churches Together Unaudited Financial Statements 31 July 2024 NELSON GILMOUR SMITH Chartered accountants Mercanlile Chambers 53 Bothwell Street Glasgow G2 6TB
Glasgow Churches Together Flnanclal Statements Year 8nd8d 31 July 2024 Page Memkrs, annual report Indendent examiners report to the rEmbers 13 Statement of finanual activities 14 statement of financial position 15 Notes lo the financial statements 16 The follcbwlng page5 do not fomi part of the financial statsmonts Detailed State1 of finanaal activities 26 Notes to the detailed staterrent of financial activities 27
Glasgow Churches Together Members. Annual Report Year ended 31 July 2024 The nkmbers present their report and the unaudited finanual statements of the charty for tho year ended 31 July 2024. Chalr'8 report Chai¢s Report 2023- 2024 IVS been a short year since the last AGM. as we have the dates in accordance wilh the constitution, but so much has happEned. Wee had the first Cler inspiring word from to our guest speaker for longer. Da an Klea that came from the GCT ChUh leaders, group, with the . The onty real o)mplainl of the day is that we coukl've Irstened IVS got lo be said but we had a rotten Surnnr weatherwise, except for the day we went on a pilgrimage lo Culross. 11 was a fantaslrc day and a new experience forWI arml l in being translated into Ukrainian, il was a new eXperiere for the translator Icol It was fantsstic to see the Ukrainian faniili8s playing games on the grass as we lefL perhaps this could become an annual evenL We had another Mll Cty Chambers for Welcoming Cty. ifs a real prNilege to be asked by a aty COLJncil, especially one as big as Glasgows, to organise these events. In this world wherè all is doom and gloom when Christian influence is concerne(J. we can be paSed that we can go into those places of power and authority and speak of the one with real authority. long may it continue. Perhaps we need to let other towns and cilEs know Ihat this can aclualty hapFen. who knows the difference that ¢ould make when councils see the churches wothng together. SpdIng the word about what we do generalty is something that we need to work on. Creation Sunday was again a success1 demnstration that the thurches can make a drfference in the world. At this time of climate crisis. we need more and nK)re lo come together as ecumenical brothers and sisters and let the worfd know that we re, and that we're doing something ab)ut IL The highlight of the year must be the vist to Glasgow of the parish priest of Gaza. lISt not a GCT even( the Archdiocese kindly invitea us along. nEssage was inspiring and humbling al the same time and allowed us a glimpse into what is going on with the Christian community of Gaza. 2 Looking forward to 2025 and what a year tt should be.. It is the 850 Yea annniersary of Glasgow becoming a Bishop's Burgh, and given cty status, many extra events will be taknng pla to mark this annIvery. 11 is also 1700 yearn since the first ecurrenical o)uncil of Nea. GCT has a direct link back to that firsl ¢oun¢il. We k)ok forward to mafking this anniversary too. These are all in addition lo the usual events that will take place annualty. 2025 promises to be a busy and fulfilling year for GCT. Flnally, at a recent o)mmittee rrEeting I raised the Tnatter of including the young people of the Glasgow churches in what we do al GCT. I believe we need to work out ways in whh we can invOe young Christians from across the denominations and the uty- What that will look like, I don't know, but we need to get them involved, they are as much a part of the church as we, slightly, (der ones are. So. we look forward to a great year in 2025, with all Ihe opportunities
Glasgow Churches Together IAemb•rs' Annual Report (¢onllnuod) Year ended 31 July 2024 Refer8nco and administralive detalls R¢glstered charlty name Gwcw Churches Together Charlty registration number SC019846 Prlnclpal offl¢e The membe
Glasgow Churches Together MemberyJ' Annual Report (eonth Yearended 31 Juty 2024 Ind8pend¢ntexamlner Structure, govgrnance and management Intn)ductlon GCT is a local Glasgow expression of the hopes and dreams of the member Churches that the Lord will guide us. in His own go(xl time, towards the realisalion of the unty for which He prayed. It was meant to be a l¢)¢al 'ACTS' and in many ways r( continues to realise that founding intention while accepting the limitations that our history and developing ecclesial cumures lay upon us. Over the past year, the group mel regularly and worked effectivety th the officer5 of the committee (Chair, Ve-chaIr and Treasurer) and with the Ecumen[ 0er. The 'Music and Worship sub-committee, has also met several b'mes to plal) the major events of the year. the St. Mungo Festival, the Week of Prayer for Christian Unty, Glasgow, Ihe Welcoming City event Ihekl each year in June), St Andrew's Day, the Blessing of the Crib in George Square and Carols for Peace {held annually in Glasgovls City Chambers). Legal Status GCT was fonned by a constitutlon dated 24 February 1991. The constitution was updaled on 15 October 2012 Alms 1. GCT was established for exclusivety charttable purtKJses primarity for the advanment of religio and to provide public benefit. Without prejudKX to the foregoing generality, GCT shall assist the progress of inter<hurch relations in the Ctty of Glasgow with the aim of furthering the intentions of the Swanwick Declarallon (www.ctbi.org.uk1203}in Ihe CA)mrn put5uit of partnership, understanding and common mis5iOfl. 2. Without prejUde to the generalty ol paragraph one above: GCT will seek to foster relalKsnships within Glasg¢)w and will seek to bJild bridges within the said Community wrth Statory, voluntary and cultural agencles. GCT will seek to create means by whith worship. cdebration, study, missDn, projects and social issues may be taken together. GCT will promte inter-church co-operation and the sharing of reJrS on the basis cf the mutual consultation with regard to new ventures of mission Ihrwhout the Glasgow area.
Glasgow Churches Together Members. Annual Rgport (conllnued) Yearanded 31 July 2024 stru¢tur¢i govornance and management (Contin) Organlsatlon 3. Any k)cal Council of Churches outwith the geographical t#)undaries sel out in paragraph two atx)ve may apply for membership of GCT. All re(x)gnised Christkqn Churches confessing a triune theok)gy of the Godhead may appty for membership. Core members of GCT shall consist of The Churth of sCoand, The Methodist Church in Scotland, The Roman Catholic Church, The Salvation Army, The Scottish Episcopal Church, The Unite(l Free Church of Scodand, and The United Refonned Church. 4. Organisations and Agencies of the aforementioned Churches may appW for Associate Membership of GCT. 5, There shall be Management Committee of GCT consisting of up to no more ihan six dolegales nominated by The Chur¢h of Scotland.. up to no more than SLK delegates nominated by The Roman Catholic Church., up lo no more than delegates nominated by the core churches above mentioned in paragraph three not being The Church of Scolland or The Roman Catholic chUh and no rrK)re than one delegate as representative of any Associate members. The Quorum for any meeting of the Committee shall be six. 6. The Moderator of the Presbytery of Glasgow., The Roman Cathol Archbishop of Glasgow., The Scotdsh Episcopal Bishop of Glasgow and Galloway., The Superintendent of Ihe Glas9ow Methodist Circuit,. The Dwisional Leader of The Safvation Army {st of Scotland}', The Clerk to the Presbytery of the West of the United Free ChuTch', a nominated representative of the Synod of Scodand of the UnSled Reformed Church., and. The Clerk to the GlasgLYw Presbytery of the Church of Scotland shall be members ex officio of GCT. The GCT Committ will appoint members to the fOrknTr posts at the Annual General Meeting. A Chairperson who will be appointed to serve for tsvo years. A WKethChair who will be appointed to see for tsyo years. A Treasurer who wll aLso be appointed to serve for three years. ObJ8cllvès and a¢tivrties The purpose of GCT will be lo promots oneness, understanding and actron of the churches together in the Greater Glasgow Area.
Glasgow Churches Together Members. Annual Report {eortthiuèdJ Year ended 31 Juty 2024 Achlevwnents and perfomiaTrce Glasgow Churches Tog¢lherAnnual Roport 2023124 Events and Worshlp August 2023 - July 2024 The folloylng is a flavour of some of th¢ events we held thvoughout the year Our events began with the Season of Creats'on Service on Sunday 17th September 2023 Hosted by St Andrew's Wesl, Bath Slreel. from E-(X)gregatios gave the reffection and informed us of the hardships that fa others due lo climate change. We had a collecb'on for led the Clergy in the final bSsing and afterwards invited everyone to the Oasis Café for refreshments. We have been suppjrting the Ukrainian communty in GLgsgLyw and it was an honour to be part of their Feast of InterSSIOnS of the Mother of G1, when they honoured the fallen of Ukraine. r HO ser¥e was hosted by Govan SafvatR)n Army Corps on 111h October. ave the refkclion, bawj on her personal journey through cancer arHI thg liv&J experienp o er Iiend, a very moving tribute to a very brave woman. The colleclion was taken up for the Brain Tumour TnJsL November seen the Celebration of St Margaret Queen of Scouand and the marking of the St Margaret Declaralron, this was held in St Aloysius. Rose St. A drama portrayed the life of St Margaret. Blessing of the Glasgow Crlb 2023 Millonbank Primary School led the beaulifvl singing at the Annual Blessing of the Glasgow Crib. The [SSage below from the Lord Provost surrts it all up perf•. Welcome from The Rt Hon The Lord Pmyost Counclllor To all th8 boys and girts, mums and dads. teachers and (Sergy- irs gTrat to W81come you all this evening. IYS such 8iOy to be able fo meet up again in person forthis sp6cAal ocCasn- the Blessing of the Crib. A very special h8110, to everyone herp from Millonbank Primary School Choir and Alba 8$$ who aro p6rfom7ing for us loftht. I'm everyone ages, theTrs nothing n70re Cht7Stm8SSy than the sound of children singrng Christmas Camjs accompanied by a Brass Band. Perfect forputhng us 811 in 8 fesb.ve mocxl. Please fe81 ffte to sing along. Ch17Stmas is such 8 magical and speaal time ofyear, paituTlarty forchi7dTrn. This annu818lessing of the Crib, a che17shed tradit, that tums our Ujoughts to famlly. friends and love. That's the essence of this Ecumenical Service's message. An event that oontinu8S to grow in wpulartiy allong us to come logether to c£lebrato th8 true meaning of Christmas. I wish you, and your loved t¥$, a peaGefvl. h8althy 8ndioyous Christmas and a very Happy N8W Y8arr
Glasgow Churches Together IAembers' Annual Report (conthu8dJ Year ended 31 July 2024 Achi8vemgnts and performance {eontln Carols tor Peace was once again an uplffting and happy 0S1On, the piper, Wllie Park led Ihe ¢hur¢h and civic leaders to the banqueting hall, which was packed to (xpacity with many young families wdy lo participate. Wth cCffttbut1OnS from St Denis. Southside FIddr8. the Ukrainian Children's Choir and Kids Club Coatbridge.. Ihe Sl Mungo Ensemble. Clarsach, and Vvhisde, this proved to be a beautrful mix ofsound and lebratn. a colkntion was taken up for the Lord Provosvs Fund for Children The setrvice was streamed by Connor Media Design, pholog support We Stream It. and shared to our plattorms by Pat ul Mcsheny. we thank everyone for their continued 2024 seen the start of the St Mungo celebralions th the Solemnty of St Pjlungo, Evening prayer in St AndreS Cathedral ¢n Friday 12tl January. We were joined by church and Civic leaders with Trades and Merchanfs House parb'apating. The hosprtaltty afterwards was most wel¢ome on a cold January night. Saturday 13th Jan, we *brat the knfe of Kentigern. Vita Kentuemi, in the Mil¢hell, this event Invoives the reading of a section of the life of Mugo, this year the readings came from the life of Jocelyn where Mungo brought Jon'S body to GLasgow and Mungo becomes a Bishop. We thank Archwisl for all the effort she puts into this to make il successful Sunday 14th Jan seen the celebration ofthe Feast of St Mungo in Gtasgow Cathedral, On again Church and Civic Leaders participated wth schods. children's choir, Safvation Army Band and many others, a fitting Celebrat for our Patron Saint Mungo. 21W February, 'Challenging Issues Facing chrisb.an Ministy in 2024, Wds the tiue of a conference to encourage Clergy and deacons from different denominations in GLasgow to share fdlowship, explore issues that confront and challenge mini5ty in the 215t century and to sustain one another lo minister in a rapidly changing society. This was an initiative of the Church Leaders group. Wh was well aitended, the led the day, there were small discuOn groups and input from o er contributors. a Q&A session followed by prayer rounded off the day. We thank ktion of Churches Together in Scotland for supporting us financk3lly. Feedback from the day was that we should do this on an annual basis. Sunday 1 (Vn March seen the Cebration of Sl John O service a drama told the story o lighthearted, infomialive conversa ilvie in St Aloysius Rose St, as part of the ving a conversation in Heaven. a very ion 26th April was a very special date in the dkqry wrth the visft of this event was organrzed by Jusb'ce and Pea and SCIAF, however GCT and Presbytery stsff assiste(J with welcoming, signing people in and directing, the event in the Strathclyde Sutte. Glasgow Royal cOrrt Hall was followed by Mass in St Andreyls cathed1, this was very well attended by representatives us denominab'ons. Refreshments in the Eyre Hall afterwards fixJnd people seeking out nd having informative chats.
Glasgow Churches Together Pl)berS. Annual Report (conllnu8dJ Year ended 31 July 2024 A¢hlevemonts and pgrfomiance fconllnuodj 15th June seen us embark on a pilgrimage to Culross, we filled fvK> coaches and were delighted to have a broad mix from the denominations and a full coach of our Ukrair¢h3n friends from Glasgow and Coalbridge. A short service was held in the Abtey, whh was dedicated to the late Fr Willy Slavin, who had left us a small legacy. whh we used to help wth co8ch hirE and to support the Ukrainian children, he would have been pleased with that. The Church Officerwelcomed us and gave us somg of the history of Mungo and the present church, Les Heal gave a history of Mungo and his mother St Enoch, it was fijn having it translated into Ukrainian. Thankfulty the day stsy8d dry for people lo lake in the sights of Culross and have picnics on the green, followed by irE crearn, the young people loved IL 23 June brought us tound to th8 Welcoming City again this was The Joint statement Irom the Moderator of the Church of and the Archbishop of Glasgow s read by Salvation Amry Central. cu.YeniGal Officer. OnFr visit to Glasgow on 26th April 2024. we: the unders1grI. express our solidarity ivilh the people of the Holy Family Parish in Gaza. the Christian community of the Hoty Land and people of all fatths and none axoss the region lOrnted by war. In recent months, millions of innc¢ent Iople have suffered the consequences of violence and war. Families and ¢ommuntlies have been devastated. Many h8ve losl hope for a peaceful future. Men, women and children have been robW of their innale human drgnty and their rtght to survive and thrive. Ourcry is"Enough is enough.. We stand shoulder to shoulder wth our brothers and sisters in Christ in Gaza and across the Holy Land. May they feel our solidattty and Jesus, loving embrace. We stand in solidarity wilh all the sons and daughters of Abraham, the peoples of Jewish, Christian, and Muslim faiths in the Hoty Land, that all may kn¢yU d*p pea and reconGiliation in their lifetimes. We stand in SUPFM)rt of agencies and individuals who are serving those suffering at their lime of greatest need. May they be rewarded for their courage and compassion. We stand united with all people of good will who are campaigning for an end to this violence. May we rlever lose hope and may our re501ve nol falter. We stand together as disciples of Jesus Christ, who. in the very lands that are lacerated by hostility and violence today. called on his folk)wers to be peacemakers. In the narlle of God, we call for an end lo war, closure of heart and hatred to replaced with dialogue. reconciliab'on, and peace. Today we cry out lo all people in positions of power to end this senseless violen. We pray to Almighty God that their hearts nkay be tumed towards compassion, and that they may have the courage and wisdom to pursue the path ofjustice and pew for all who (¥ll the Hoty Land home. The Offering was taken up for the work o Christian Community in Gaza, which supports people of all farf(hs and none, providing ftxid and medicai ahd.
Glasgow Churches Together Members, Annual Report (¢(mllftuedJ Year endod 31 July 2024 Achlevgments and perfomiance (contlnued) Satijrday 29th June seen the seen the service celebrating the 4P AnnNersary of Ordination and the are ell Eucharist of th happy retiremen Bishop of Glasgow and Galloway. We wish an an or Is sUprt during his term of offi, J8rti¢ularty in his first year when he blessed the Crib wth the Lord Provost, a photographer and memories of COWD and lockdown. in attendance, Sunday 21 * July seen us ceiebrating with St Enoch's Hogganfiekl on the centenary of their service to the communities of Riddrie and H¢gganfield. A fascinating history from the original church in St Enoch Square, which was used for council meetings whilst the Cty Chambers was being builL the council left them some of the 8ailie's chairs whKh are still in use in the church today. 3161 July, last day of our year we receNed an invitation from the lo be Involved in the upo)ming Glasgow 850 in 2025. when we celebralo Glasgow beir)g granted Bishop's Burgh Status and therefore tewnlng a city. are k)oking foTward to that and have a few ideas to put irrto aclion.
Glasgow Churches Together Members. Annual Report{coRUnuo<lJ Year ended 31 July 2024 Achlevemonts and performance (¢onthu8dJ OTHER WORK We conb'nue lo work with the Scottish Ahlul Bayt SABS, we were invofved in inlergenerational work through GeneralnS Working Together. who held an infomiation day with presentations from projects and organizalions carying out this vital worf( and encouraging others to develop Inlergeneralional work within their own organEat'ons. led to an invitation to the Sotb"$h parliament for the presentation to the wnners of the Excellence Awar(Is Programme. Further involvement was wth Maggie's centre, Gartnavel Hospital, where an awareness rai&ng ening was held. Radio Continues to broadcast throughout the day wrfh contsibutions from member churches and othets. The Schools prQramMe is developing well. and we are working on support from schools which want to use radioalba.or for their Caritas awards. We have a Variation on the daily Night Prayers from the Archdiccesan Youth offi and from Glasg Presbytery. We have alrealy celebrated ten years of provKling Moming Prayers. Schcol Moming PrayerE, Evening and Night Prayers, prayers for those who rum, prayers for sw¢e, and a steady flow of news, opinion and reflection in our Magazine from such as Life and Work, SCIAF, Open House. Fknurish. Mary's Meals, the Columban Vocation for Justi, Justice and Peace Scotland, the Comboni Mission magazine, the Focolare The Little Sisters of the Poor. 'The Lohl of the NortP. Africa, Magazine, Medianes sans Fronb'ères. The Far East. the S•iloés 8cr.ie. d many others. We have the short rellections by nd we are open for other conlribulions. We are really pleased that we have managed to sustaln our 12.00 daily prayer service from the member churches of GCT, we have mre contributOTS to this. and we have a monthly Mass from local, and distant parishes, induding Skye and Oban. now provides 'Just a Thoughv, 'Chatterto*. news. and views from the arishes and 'Newsnatier' a new initiative looking at current news items from vaTh)us orgaTrisalions s aayS looking for new people and topics lo discus5. Recenty 'Try Praying. got in touch and they hope lo make use of radioalba.or too.
Glasgow Churches Together Memberd. Annual Rgport (cr)nllnued) Yearended 31 July 2024 10-
Glasgow Churches Together Members. Annual R¢port {¢onlln¢rnd) Year ended 31 July 2024 Ecumenlcal Offl¢er, Elspeth Glasgow. I continue to plan and implement meetings of the Church Leaders, GCT Committee Meetings, Full Committee. Music and Worship and Radio Ajba. l attend Planning Meetings th Partner OrganvzalTons, including Forum of Fathhs, Glasgow Life, Iren8 O'Brien. Archivist, Mitchell knbrary, Mediaeval GLqsgow Trust, P$bytery Meets'ngs, Local Churches Together Meetings, Scottish Ahlul Bayt Souety. GLqsg(v* 850 City Chambers Lord Provost's OffKe. And always looking for new exFeriences for GCT Financlal rgvlew The deficit on the General fiJnd for the year vras £2,000 12023.. deficit £4,375) which has been nsferred lo reserves. The Committee Members are satisfFed with the financial position. The principal source of income was the subscrtpb'ons paid by the member churches. Regerves Policy The Committee have established a policy whereby the unrestricted fvnds not committed or invested in langibie fixed assets {the Yree reserves'l held by the charity should be 3 months of the resources expended, which would normally equate to £5.000 in general funds. Al this level, the Committee feel that they would be able to continue the current athibes of the charity in the event of a swJnificant drop in fvnding. It would obviously be necessary to consider h(yrt the funding w¢)uld be replaced or the activities changed. At present the free reserves, which amount to £9,155 meet this level. Investment Power5 and Restrictions Under the consb'tutK)n, the charity has the power lo make any investment as it so detemines. 11
Glasgow ChLirches Together M&mberg' Annual Roport (conflnu6 Year endèd 31 July 2024 Plaiis for futuro porlod8 Wè will continue lo work loJether with all of our partner 9rganisatis. In keeplng with our baslc alms GCT Ylll seek lo further r&latKinshlps beNyeen Chrlstian Church mmunllles In the city of Glasgow and beyond. Continue to organrse worship celebr8lK)ns. 8 aware of the thanging landscape of Ecumenrsm today and burfd on that. Continue to raisg awarenèss ofthe health and al needs ofott)ws and pri)mole aotton on those. Malntaln and buikl on our worknng rdalionship with the City Counal. Lord Provo8Vs Office, Trad95 and Merchant's House, Forum of Faith& Devalop our work wlth schools and yourg people ty Invo1ng them kn 8eyvi(xs and events. A8 we move towards the 850th Anniversary of Glasgow being designal&l a Bishop's Burgh, In 2025, we will be planning events Ihroughoul 2025. Ihls wlll be an incrediLty special 12 Mth$ ofevents. Our plans include the op6nlng 8eNiGe of the year for St Mungo, Vesws and Mungo 81 the Mltchell. are In plannlng wlth the Royal Conseryatoire of So)Yand to hcil a Canlaia with Mungo's Balrn$ In Welllnglon Chvr¢h. We have recei fundlng from ACTS to SUPFK¥t schools vAlh transport. The reading of Blshop Jocglyn's wll in the newty furbi%hed Bl8ck**r Aisle in Glasgow Cathedral wlll be held In May. A walknng Pilgrimag& from Dunfries lo GL8$gl, passing throJgh Culross is planned for Sepiember. W6 are also looking al shorter walks in Glasgow and the planting of a tree lo mark the ye8r. 2025 is also the 1700th anniversary of the first ECu[rienal COU11 ot Naea in 325 and where th& Nlcene creed emerged from, as an ecumeni(xl organlzatK)n we wil, aso be marknng this. 2025 Is also The Hoiy Year and Pope FraLS has dlded thal 2025 will be a year of JubNee, somèthing whlch happen8 every 25 yaars. The theme is 'Pilgrin of Hope., and il will be a year of how fof a Wofkl suffering the impacts of war, the ongolng effe¢ts of COWD-19 pandem. and Iln)ale cdsls. Thls will liè In with our pilgrrmages and other evenis ¥12025 So, Iwks like a busy year ahead In 2025. We could nol maintain the wort we ar8 doing 8round Ecurrenism vrithoul Ihe 5UPPOrt of the member churches and 'tho generous suptKxl they gtve, this enables us lo )ndUCt the work of Glasgow Churches Togethw. Wo will continue lo work logether all ofour organlsakn'ons. The members, annual resxjrl was apprtrved on ... . Irustpes by,. ..£Q..C.. and sIgd on hall ofthe board of 12-
Glasgow Churches Together Independent Examiner's Report to the Members of Glasgow Churches Together Year ended 31 July 2024 I report on the fi'nancial statements for the year ended 31 July 2024, which comprise the slalemenl of financial 8clivilie5. statement of financial position and the related notes. Respective responsibilities of members and examlner The charity's members are responsible for the prepaotion of the accounts in accordance with the terms of the Charities and Trustee Inveslrnenl Iscollandl Act 2005 and the Charities Accounts (Scollandl Regulations 2006. The charity members consider that the audit requirement of Regulation 1011llal lo Icl of the 2006 Accounts Regulations does not apply. It is my responsibility lo examine the accounts as required under section 4411}Icl of the Act and to slate whether particular matters have come lo my allenlion. Basis of independent examlner's report My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. 11 also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the members concerning 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 view given by the accounts. Independent examiner's Statgment In connection with my examination, no maller has come lo my attention.. {11 which gives me reasonable cause lo believe that in any material respect the requirements". lo keep accounting records in accordance with section 4411lla) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and to prepare accounts which accord with the accounting records 8nd comply with Regulation 8 of the 2006 Accounts Regulations have not been met, or 121 lo which, in my opinion, allenlion should be drawn in order lo enable a proper understanding of the accounts lo be reached. Mercantile Chambers 53 Bolhwell Street Glasgow G2 6TB 2</21Lr 13-
Glasgow Churches Together Statoment of Flnancial Actlvltlgs Year endod 31 Juty 2024 2024 Restrrcted funds Total fund8 Tolal fvnds 2023 Unre$tricbJ fvnds Income and endowments Donations and legacies Total In¢ome 19.7C 19,700 5,499 5,499 2S,199 25,199 18,527 18,527 Expenditure Expenditure on Charitable activities Tolal expendlture 21.7 21.700 5,499 5,499 27.199 27.199 22,902 22,902 Net axpendlturè and net movement In nds 12,0(Kll {2,0001 {4,375) Ro¢on¢iliation of lunds Total fvnds brought forward Total funds ¢arrfed forward 11.155 6,000 17,155 15,155 21,530 17,155 9,155 6.000 The statement of ffnan¢ial activities includes all gains and Ixses reccgnised in the year. All incomg and exwditure derwe from continuing xtivthes. Tho notes on page5 16 to 24 form part of these financlal statements. -14-
Glasgow Chur¢hes Together Statsmont of Flttancial PoslU¢n 31 July 2024 2024 21r23 Currgnt as$9ts Cash al bank and In larKI 17,076 18.055 Gredllors: omounts falllng duo wlthln ong year Nèt cuir8nt assets 11 1I20 15,155 1S,T65 15,155 17,155 17,155 17,155 Total a8sets loss eurrent IlablNU08 Net &8gets Fund8 of tho ¢harlty Rèstrl¢ted funds Unres'Jlct8d fund$ 6,000 9.155 15,155 6.000 11.155 17,155 Total charlty fun(ts 12 fln nGial 81atem8nls approved by twd of trustees and authorfsed for issue on and are slgt*d on behalf of the toard ty. The notEs on page8 16 to 24 fomi part of these flnanclal statements. 15-
Glasgow Churches Together Notes to the Financial Statoments Year ondgd 31 July 2024 Gèneral InfOrntiOn The charity is a Publ benefit entity a The address of the principal office i8 ej Statament of cornpllance These financial statements have been prepared in compliance with FRS 102, The Financial Reporting Standard applicable in the UK and the Republic of Ireland, the Statement of Recommended Practi applicable to charities preparing their accounts in accordance with the Finanoial Reporting Standard applicable in the UK and Republ of Ireland IFRS 1021 (Charities SORP (FRS 102)) and the Charities and Twstee Investment Iscouand) Art 2005 and the Charity Aocounts Iscoliand) Regulations 201X (as amended). Accounllng pollcles Basls of preparation The financial statements have been prepared on the hiStOral cost basis. as m¢xlified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, whh is th8 functh)nal currency of the entity. Golng concem There are no material uncertainties alMJUt the charity's abilty to ¢ontinue. Judg¢m¢nts and kty sources of estimation uncertainty The preparation of the financial ststements requires management to make judgements, estirnales and assumptions thal affect the ani)unts reKK)ried. These estimates and judgements are continually reviewed and are based on experience and other factors, inGluding expectations of fUre events that are believed lo be reasonable under the circum5tan(%s. Fund accountlng Unrestricted funds are available for use at the dtscretw)n of the trustees to further any of the charity's purF¥)ses. Designated fvnds are unrestricted funds eannarked by the mernters for partilaT fiJture project or cofnmitrnent Restricted funds are subjecled lo restrictions on their exFkndTtuie declared by the donor or through the terms of an apFeal, and fall into one of sub<la5ses.' restricted income fvnds or endowment funds. -16-
Glasgow Churches Together Notes to the Flnanclal Statements (conlhJu6dJ Ygar gnded 31 Juty 2024 Accountlng pollcle8 (conthued) Incoming re80urce8 AJI incoming resources are included in the ststerrent of financial activities when entittement has passed lo the charity,. it is probable that Ihe econom benoffts associated wtth the transaction will ffow lo the charity and the amount can be rdiably measured. The following specffj wlicies are applied to particular categories of in. income from donatn8 or grants is recLyJni8ed when there is evidence of entidement to the gift, receipt is probable and its amount can be Sured reliably. leg¥ income is rognIsed when receipt k% probable and entitlement is established. income from donated gocrfls is measured at the fair value of the goods unless this is impra¢li¢al to Measu reliably. in whh case the value is derNed from the cost to the donor or the estimated resale value. Donated facilities and servKes are recognised in the a¢¢ounts when received rf the value be reliabty measured. No amounts are included for the contribution of general volunteers. Income from contracts for Ihe supply of seIS rewnBed with the delivery of the Contract service. is classified as unrestricted funds unless there is a contractual requirerrEnt for it lo be spent on a p3rtK#Jlar purpose and retumed rf unspent, in which cas it may be regarded as restricted. Resources expended All expenditsjre is included on an accruals basis and is recognised when there is a legal or constructive obligation to pay for expelld1re. The charity is not registered for VAT and accordingty expenditure is shown gross of ifrecoverable VAT. Financlal InstNments A financial asset or a financk31 liabilty 1$ rec(yJnEed only when the charity becomes a paty to the contractual provisions of the instrUnnI. Basic financial instruments are initialty re¢ognised at the anUnt rl¥able or payable including any related transaction costs. Current assets and current Ihgbilities are subsequentry me8sur&l at the rxsh or other consideration exF*CttrJ to be paKY or receNed and not discounted. Debt InstrMents are subsequentty measur&J at amortised ¢osL )there invèstments in shares are pUblty traded or their fair value can otherwise measured reliably, the investment IS subsequenvy sred at frair value wth changes in fair value recognised in income and expenditure. Al other such investments are subsequently measured at cost less impa[mnt Other financial instruments: including dertvatives, are inib'alty recognised at fair value, unless payment for an asset is deferred teyond norrnal busirtress temis or financed al a ffdte of interest that is not a market rate, in which case the asset 15 measured al the present value of the future payments discounted at a market rate of interest for a similar debt instrumenL -17-
Glasgow Churches Together Notes to the Financial Ststsrngnts (contlnuod) Year ended 31 July 2024 Accounting pollcles (conVn&w4 Flnan¢lal In$trurnents (conllnueo) Other financial instruments are subsequentty measured al fair value, with any changes recognised in the statement of finanaal tiVIties, the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured al cost or armrtised cost are reviewed for objeclive evidence of impairment al the end of each reporting date. If there is objective evidence of impaimenl, an impairment loss is recogni5ed under the appropnale heading in the slatement of financial actwities in whth Ihe initial gain was recognised. For all equity instrunnts regardless of sign[fican. and other financial assets that are Individually significant, these are assessed indwidualty for impairment. Other financial assets are either assessed indwidualty or grouped on the basis of similar credit iisk ¢haraclerislics. Any reversals of Impalmnt are recognised imrnediatePy, to the extent that the reversal does not r@sult in a carying amunl of the financial asset that exceeds what the carrying amount would have been had the impaiment not previousty been recognised. Donations and legacie8 Unrestricted Funds Reslricted Total Funds Funds 2024 Donatlon$ Subscriptions Donations & collections 17,7 17,700 3,673 3,673 Legacles LjaCIeS Rev W Slaven 2,000 2,000 Grants ACTS 1,826 5,499 1,826 25,199 19,700 Unrestricted Funds Restricted Total Funds Funds 2023 Donations Subscriptions Donations & collectKns 16,5 16.51K) 2,027 2,027 Legacies Legacies Rev W Slaven Grants ACTS 16,500 2,027 18,527 18-
Glasgow Churches Together Notes to the Financlal Slatements {conllRu6d) Year ended 31 July 2024 Expendlture on charitable activltles by fund type Unrestricted Funds Restrthd Total Funds Funds 2024 Ecumenical Officer Costs Carols for Peace Pause for Hope Website Radio Alba CCLI and Calamus St Mungo Service expenses Activity type 19 St Mungo Fesb'val Culros5 Pilgrimage Sl Margaret V8spers Season of Creation ACTS Blessing of the Crib Glasgow WelGoming City SupFx)rt costs 13,349 723 48 760 3,000 556 141 13,354 1,882 511 760 3.000 556 616 1,159 463 474 1,140 100 1,320 100 400 1.B60 125 1,1)00 1,716 27,199 392 1,826 125 1,000 1,716 21.700 5.499 Unrestricted Restricted Total Funds Funds Funds 2023 Ecumenical Officer Costs Carols for Peace Pause for Hope Websile Radio Alba CCLI and Calamus St Mungo Seryice expenses Activity type 19 Sl Mungo Festwal Culross Pilgrimage St Maigarel Vespers Season of catIon ACTS Blessing of the Crib Glasgow Welcoming City SupFX)rt costs 13,528 350 13,528 900 550 1,357 3,000 375 550 1,357 3.000 375 500 500 100 100 100 93 1,972 100 520 1,972 427 20,875 2,027 22.902 -19-
Glasgow Churches Together Notes to the Flnanclal Slatements (conlthued) Yoar ended 31 Juty 2024 Expendlthre on charitable activltle5 by actlvlty typ¢ Activities undertaken Grant fundiNJ diray ofactiVeS Support costs Total fund8 2024 Total hjnd 2023 Ecumenical Offir Costs Caro15 for Peace Pause for Hope Website Radio Alba CCLI and Calamus St Mungo SeNice expenses Activity type 19 St Mungo Festwal Culross Pilgrimage st Margaret Vespers Season of Creabon ACTS Blessing of the Crib Glasgow Welcoming cty Governan costs 13,354 722 41 760 13,354 1,882 511 760 3,000 13,528 900 550 1,357 3,000 375 1,160 470 3,000 556 140 475 615 500 100 1.320 100 1,320 100 400 1,860 125 400 1,860 125 100 1,(KlO 1,000 1,716 520 1.716 1,972 18,978 6.505 1,716 27,199 22,902 Governan costs of £1.716 {2023 - £1,972) relate to" Indemnity insurance - £696 {2023 £6761, Independent examination fee - £1,020 {2022 £*0) and AGMIConfepn¢e exponses - £nil (2023 £3361. Analys1$ of grants 2024 2023 Grants to Institutions Lord Provost's Fund Radio Alba Pause for Ho Prince & Princess of Wales Brain Tumour Trust The Ukraintan cathol Eparchy of the Hoty Father of London WaterAid Scotland Latin Path'archate of Jerusalem- Fr Gabriel Romanelli's Communrty in Gaza MND Scottand 1,160 3.OOQ 550 3,000 300 250 470 475 1.000 520 500 6.505 5,120 5,120 Total grants 6.505
Glasgow Churches Together Notss to the Financial Staiements Year ended 31 July 2024 Independent examlnatlon feos 2024 2023 Fees payable to the independent examiner for. INlependent examination of the finanaal ststem8nts 960 staff costs The total staff costs and employee benefits for the reporting perk)d are analysed as folkxvs: 2024 2023 Wages and salaries 12.750 12.150 The average head count of employees during the year was 1 (2023.. 1 >. The average nurnr of fvll-time equivalent empbyees during the year anatysed as follows-. 2024 No. 2023 No. Number of part-time staff No employee receNed empwee benefits of more than £60,000 during the year {2023: Nil). Key Management Personnel Key management personnel include all persons that have authority and responsibility for planning, directing and controlling the &tNibes of the charity. The total compensation paid lo key management personnel ts services provid&J to the charity was £12,75012023:£12.150). 10. Trustee remungratlon and expoThses The Committee Members receNe no remuneration for the provisK>n of their servrces as Committee Members. No mMIttee members receNed expenses during the year {2023: nil) 11. Credltorn: amounts falling due wlthln one year 2024 2023 ALrAuals and deferred income 1,920 900 -21-
Glasgow Churches Together Notes to the Financlal Statemènts (¢onUftu8dJ Year gnded 31 Juty 2024 12. Analys18 of charltsble funds Unrestrlcted funds At 1 August 202 At Income Expenditure 31 July 2024 Unrestrtcted Funds 11,155 19,700 (21,7001 9,155 1 August 202 At Income Expenditure 31 July 2023 Unrestricted Funds 15,530 16,500 (20,8751 11.155 Re5tri¢tgd funds Al 1 August202 At Ino)me Expenditure 31 July 2024 Carols for Peace Glasgow the Welcoming City Pause for Hope Homeless Jesus St Mungo Fesbval st Mungo Service Season of Creation ACTS Culross Pilgrimage 1,159 1,005 463 (1,159) {1,005) 1463) 6,000 474 392 1,826 180 (4741 1392) {1,826) 1180) 15.499) 6.(X)O 5.499 6,000 At 1 August 202 Income Expenditure 31 2023 Carols for Peac8 Glasgow the Vvelcoming City Pause for Hope Homeless Jesus st Mungo Festival st Mungo Service Season of Creation ACTS Culross Pilgrimage 539 514 513 1539) 15141 15131 6,000 6.000 1461) 6,000 2,027 (2,027) 6,000
Glasgow Churches Together Notes to th¢ Flnancial Statements (¢oJth"nU8(Q Yearendgd 31 July 2024 12. Analysis of charitable funds (conèn14w4 Carols for Peace. Th8 full proceeds from the Carols for Peace servrce are gifted to charty. This year the collection was £1,159. A total of £1,160 was gifted to The Lord Provosvs Children's Fund. Glasgow the Welcoming City The full proceeds of the Glasgow the Wekoming Cty servw were gffted to charity. This year the collectwm was £ as gifted to the Latin Patriarchate of Jerusalem to support the work of mmunity in Gaza and £21 of bank charges were paid on this donation. Pause for Hope The full proceeds from Pause for Hope were gff(ed to tharity. This year the collection was £463. In total £470 was gifted lo The Brain Tnur Trust Homeless Jesus This fund has been set up to raise ndS to maintain the Homeiess Jesus Sculpture in Nelson Mandela Place: GLqsgow. st Mungo Festival The fvll proceeds of the Glasgow the St Mungo FeslNal were grfted to charty. Last y6ar the collection was £461. A total of £500 was grfted MND Scottand. Sl Mungo Service The fvll proceeds of the St Mungo Service were gffted to charty. This year the ¢xlle¢tk)n was £474. A total of £475 was gifted lo The Uknainian Catholic Eparchy of the Hoty Family of London. Season of Creation The ftjll prOedS of the Glasgow the St Mungo Festival were gffted to charity. This year the collection was £392. A total of £400 was gtfted WaterAid ScotIand. ACTS A grant of £1,826 was received from ACTS to cover the expenses for a conference held on 2012124 on the theme "Challenging Issues Facing Church Ministers in 2024. which was held in Glasgow £1,860 was spent on the evenL Culross Pllgrimage A Pilgrimage lo Culross, the birth pla of St Mungo. was orgnanised. A c¥)Ilection of £180 was taken to partially cover the cost of the event The full cost was £1.320. -23-
Glasgow Churches Together Notes to the Flnanclal Ststoments (conthiu8dJ Year ended 31 July 2024 13. Analysls of not assets between funds Unreslricted Restricted Total Funds FrS Funds 2024 Current assets Creditors less than 1 year Net assgts 11,075 {1,920} 9.155 6,C(iO 17,075 (1,9201 15.155 6,000 Unreslricted Funds Restricted TotJ Funds Funds 2023 Current assets Creditors less than 1 year Net assots 12,055 19001 11.155 6,000 18.055 (9001 17.155 6,CKJO