The Church of Scotland
Kingussie Parish Church
FOR THE YEAR ENDED 31ST DECEMBER 2024
RECEIPTS AND PAYMENTS ACCOUNTS
Congregation No: 362118
Charitv No: SC 021546

Reference and Administrative Information
Charity Name:
Kin¥u*sie Parish Church
Charity Registration Number..
SC021546
Con¥re¥&ition RLfL"renL¢ No..
362118
ContaLI Addrcss:
clo Treasurer
TrUst¢￿- Klrk Se551on
Prlnelpal orriic._bi'#rc'r%
Minislii.
Scysion Clerk:
C hurch Treasurer..
mlner
Bxnki'rs
B(Ink of Scotland, 2-6 Eastgrate. Highland. Inverness. IV2 3NA

Trustees, Annual Report
Year ended 31 December 2024
Structure, Governance and Management
Governing Document
The Church is administ¢rcd in accorddnce with Ihc tcrn]s of thc Dccd of Constitution (Unitary
Forn)) and is subjecl lo the AcL% and Rcgulations of thc Gencrdl A.%s¢mbly of the Church of
Scotland.
Recruitment and Appointment of Trustees
Members of the Kirk Session are the charity trustee5. Thc Kirk Session members are the elders of
the church and are ch05L'n frvm thosc members of the church who dre ¢onsidered lo have ihe
appropriai¢ gifts and skills. Elders are OTdained into the Eldership for lite. The mtnister. who is a
member of th¢ Kirk Se%sion. is elected by the cOng￿egation and inducted by PTesbytery.
Organi5ational Strnctyre
The Kirk Session. comprising of all elders. meels six limes a year is responsible for spiritual affairs
within the church as well as the financial and property matters. Our mw'tings can be held in person
or via Zoom depending on the cu￿ent epidemic situation. Elders are members of sub-cvmmitt¢es
(teams) pertaining to the work ot the Kirk Session. Members and adherents of the congregation
s¢rvL on thesL commillees either through volunteering because of an interest in thai area or by
beingy co-OPlLd. The teams are=
Finance - louking after ihe finances, preparing accounts and budg¢ts.
Social and Fundraising - social 8clivilies and local fundraising for the church and its aclivilies.
Propeny - all property mattcrs relating lo the Lhurch.
Mission &Pasloral Care - covering world church issues. twinning, HIV programme and Fairtradc.
Babie5 & Tuddl¢rs, Monday Lunch, plus any other fonns of outreach.

Trustees, Annual Report (cont)
Year ended 31 December 2024
Objectives and Activities
The Church of SLoildnd is Triniidrian in doctrine, Refomied in Irddilion Pre4byteridn in polity.
It exists to glorify God lo work for the advancement of Chrisl'5 Kingdom throughout the world.
As <1 national Church, li aLknowledgcs a distinctiv¢ call and duly to bring the ordinanccs of rcli¥ioD
lo the pcoplc in cvcry Pdri%h of Scotland through il ierrilorial mini%try. It co-oper¢ltes with other
Churches in various ecumenical bodics in Scotland and beyond.

Trustees. Annual Report (cont)
Year ended 31 December 2024
Achievements and Performance
Thc major eveni of the year w&$ the Induction
in October 2024. The Norninating
Committee whi¢h undenth)k the proc£%S of ini'iiiiib ,1 1iii1' 11111j%ILr ti) the charges, w&8 tonned from
members within the United Laggan and Newtonmore Churches and Kingussie Parish c.hurch. They are to b¢
Lommended for the professional, prayer￿1 and diliiyint 171ann<r in M,hich Ihey Larried out the dutlLS
reqLiired. thu%.securin¥ the Ministry of thc
Prior io that Elders and the Interim
ModLralor led Il'orNhip Ser¥'ices supponed hi i)Iir IirLT'.Iiii %1 &lTid C hurch choir. Dully ScTrLial Media Posts wero
maintained in an etTrort to kcep conthci with online Church membeTq. The W8rn1 Spacelcommunity Cafe
continued io be w'ell attended and Nery much appreciaLed. The Chunh w'as appri)¢i¢hvd by the local Hib?h
ScliLM)I to dclcnninc il-thL Warn] Space Cafe could supply a simple lunch to a numbcr of Sludenls. SOML 20-
?5 pupils attended on a weekly basis durin8 term time. Connection wilh ihe High School continucd with
musi¢ pupils ¢ntertaining Community Cllfc attendees on a regular basis. The mission project providing
jackets and sh(Ks for pupils Lontinued. with rcqucsts from O¢iober- Deccmber numbering 76 against 42 the
previous year. FuTMling to cover operdling costs w&5 successful. A social cvcnt Was held io recognise and
thank all those in￿0}y¥d in this venture. Millburn Academy from Inverness proi'ided the musical
entertainment for our annual Christma5 Cheer event. which was wcll attcnded and much ¢njoYed. The Babiei
and ToddlL"rs (iroup has coniinu¢d to maintain healthy numbers. The Fundraising Group hdd a pr¥srni¢ in
Feb 2n24 at the Kingussie Food and Film evcnt, s¢lling soup and rolls.Sin¢e the Induction ol'our new
Minisier Ihe
. atiendance ai services has irnproved. Ilc h#s re*siablished ¢oniact with th¢
Primary School, which r¢sulted in school visits and LlassL's ol- pupils Blt¢nding the Church prior io Christmas.
Visits to the local carl homes have also recornmenLcd.ThL Minisi¢r and Cliurch conlinue to play #n onbioin
important rolc in thc C"ommunity lor life events such &s marriage8. lunernls , baptlSrn5 and Chnstmas and
Easter.The Church works closely with our linked charbF¢ of Laggan link¢d wilh Neurtonmore to provide for
the pcoplc of Kingussie Parish and wider Badcnoch. fi￿er the vear we have achieved a positiviiy wiihtn our
Church f￿llY with mure C hurLh members CnLoufdgved tv PdrtiLipat¢ in dctivitits.
Financial Review
Rcc¢ipls for the year were £44871 significantly up un 20231£29639). Most notably this was due to
inLrLased Invcslmenl inL()me , £13790 (2023 was £88151, InL￿asCd donations, £24081 (2023 was
£200431 . and an increase in Grant Incom¢ on reslriced tunds of £7000 (nil in 20231. During the
Year thcre was very little incrcasc in the amouni of total pa￿ents, £37107 in 2024 and in £2023 il
was £37103. ThesL are included wiihin the lolal Payments of £217107 on the R¢L¢lPtS dnd Pdyment
Account. This larg7e figTure includes £18(M)00 being Ihv agJr¢¢d Loniribution Inade by the charity for
Lh¢ Mdnse in Newlonmore. An Analysis ut the make up ol'ih¢s¢ Pdymenls 1.% shown in the notcs to
th¢ ac¢ounts. These movements gavL risc lo an cxcess ot'receipts over payYJL'nts ot £7767.
On the Statement of13alances the agreed contribution made by ihe charity for the Manse in
N¢NtonmoTe can be secn with the SI￿lfIcant reduction in Inv¢5tm¢ni¥ and Bank Balances from
2023. L278382 down to £9091¥.

Trustees, Annual Report (cont)
Year ended 31 December 2024
Reserves Policy
The Chdriiy iru%lee% have considered the re%ervth required and hav¢ taken into account their current
and fulure liabilities. It 14 the Trusiee% puliLy lo hold re%erve% of approximdtely six month
expenditure including designaled funds- and endcavour to monitor this regularly. At the year end the
Church hcld unr¢stricted cash funds of £72142 Six months paymcnts in 2025 is cxpectcd io be lo
around £15000
Statement of Trustees, Responsibililies
The Tnember5 ofthe Kirk Session mus( prepar¢ financial statemen15 which give suificienl detail lo
enable an appreciation orihe tran.sactions ofthe Church during the financiiil vear. The members or
thc Kirk S¢sston Board arc rcsponsible for keeping proper accounting records whiLh. on rL'que5r.
must Teflecl the financial position of ihe Church at that time. This must be done to ensure that the
financial siaiements comply with the Charitie5 and Tru%tc¥ Inv¢s(m¢nt {Scoiland) ALt 2005, Ihe
ch(￿1[1¢$ A¢counts (SLoiland) Regulalions 2006 and the Regwlalions Anenl Ci)ngrL'bJdlivndl
Finance approved by the General Asscmbly of the Church of Scotland in 2007. They are also
responsible for safegiiarding the assets of ihe Church and must take reasonable steps for the
prcvLntion andior d¢l¢ciion of fraud and oth¢r irrc8ularities.
Approved by the Trusl¢es and signed on their behalf,
S¢5%1¢bTI
Dale:

'Indcpcndcnt Examiner's Report to the Trustees of Kingussie Parish Church
I ripon on the aLLounts of the Lhariiy Lor the S'Lar eiidL'd 3151 tk'LLmber ?0?4 11.hich are set out on pages
14 -12 plu.s appcndix.
Respectli'e re$ponslbillties of trustees and examiner
The Lharity'% twst¢es are resFK)nsible for Ihe pr¢pardiion of IhL accounts in accordance with the ternis of
thL' Lharilics and I'nLslcL Infvtri(mLni Iscoiland) Act 2(K15 and ihe Chariiies AccounLs (Scoilandl
Regulations 2006.
The charity trustees consider that the audit requirement of Regulation l(¥l) (dl of the Accouni
Regulations docs not apply. It is my rcsponsibility io examine the accouDl% &% re4uired under 5eclion
4411 (cl ot. the ALI and lo %lale wheiher partiLular matters have come lo my attention.
Basls of Independen¢ examlner's stalement
An examin4iliiin is Larried out in aLcordancc with Regulation I l of the Charities Accounls (Scoiland)
Rcgulations 2006. An cxamination includes a rcvicw of the accounling rccord.s kepi by thc charil), and a
comparison of the accounL% prL'%cnted wilh those records. li also includcs considcraiion of any unusual
iiems or disclosurcs in ihc account5, and %cck.% cxplanaiions from ihc Irustccs conccrning any such
mAltcrs. 'I'he proccdurcs undLrtakcn do noi pro%'idc all thc cvidcncc thal would be rcquircd in an audit.
and conscqucnily I do not cxprcss an audil opinion on thc vicw givcn by thc accounts.
Independent examln¢r's stal¢m¢nt
In Ihc course ol- my ex￿Ination. no mattcr has come to my alicnlion
which givcs mc rcasonablc Lauie io bclicvc thdl in any maicrial rc5￿¢1 thc rcquircmcnls..
lo kcLP aLcouniin¥ rcLords in accordan¢¢ wilh Scclion 44 ( I Xa) orth¢ 2005 Acl and Rcgulation 4 or
the 2006 Accoiinis Rcgulalions. and
to prcparc accounls w,hiih accord wilh the accouniing r¢cords and comply with Rcgulation 9 of ihc
20U6 A¥¢ounts Regulations have noi been mei. or
to which. in my opinion. attention should be drawm in order io enablc a prop¢r undcrsiandin8 of the
accounLs lo be reached.
Name..
Addrcss:
Date-

Kin
ussie Parish Church
Recei
t5 and Pai'ments Aceount
Year ended 31 December 2024
Lnre51rlcted Restrlcted
dowmtTrl
Funds
Funds
Fund$
Toial
Toial
2024
2024
2024
2024
2023
Recei
Donations
LegaLies
Activities for Generating Funds
Investment income
20786
3295
24081
201124
13790
13790
X1115
34576
3295
37871
29639
Rcntal of prcmiscs
Salc of a55cIs
Grants
Receipis from Gencral Truslces
Othcr Rcccipts
7000
Total Re
34576
44871
29639
ments
Charltable actlvltles
208321
8786
217107
37103
Total Pl ments
208321
8786
217107
37103
Excess of Retelpts over Piyments
for the ye4r before Iransfers
-173745
1509
-172236
-7464
Exeess of Recelpts over Payments
for the year
-173745
1509
-172236
-7464

Kin
ussie Parish Church
Statement of Balances
At 31 December 2024
Unre51rlrted Restrld
Funds
EAdowmeot
luDds
Funds
To¢AI
To¢AI
2024
2024
2024
2024
2023
Bajjk & De
osit Ba
Dcposit Balances
Bank Balances
228105
17782
245S87
11135
13896
25031
239240
31678
270918
239240
31678
27091X
Movement In year..
Excess of Receipts over Payments for the year -173745
DL"posiI BalanLes
Bank & deposit balances
a￿led forward
1509
-172236
-7464
72142
26540
98682
263454
Investments at market value
ChurLh u( k.tsi1ond Invesiors Tr￿l- Gro*th Fd £5.83
Church of k-()tlond Inve5toYs TnLQ- Income Fd £10.96
1148
2853
1050
4494
1681
4001
5682
Assets
Gift Aid Receivable
Li
ilities
Cost of rL'pdir not yet billed
The accounts were approved by the KiTk Session on
For and on behalf of the Kirk Session
Se551oD Clerk
Treasurer

Kin
ussie Parish Church
Statement of Balances
ryotes ¢4) the Accounts
l. Truslee Remuneration and Related Partv Tran511¢tions
No trustee received any renumerdtion during the year. No oiher Tn￿le¢ or any person rela*d to a
Trustee had 8 personal interest in any contrdct or transaction entered into by the charity during the
year. Rev Robert Brookes received £876 for removal expenses to his new charge.
2. Minister's Stlp¢nd
All Church of Scotland congregalions contribuie to the National Stipend Fund which b¢ars the costs
of all ministers, stipends and employerfs contrybutions for national insurance, pension and housing and
loan fund. Ministers, stipends are paid in accordance wilh ihe national siipend scale, which is related
to years of service. For the y¢ar under review, the Minimum Stipend - £31642 . Maximum Stipend in
5th and subsequent years of service - £38884.
3. Movements in Funds
AtlJ•n
At 31 Dec
2024
2024
Receipts
P•ymeDts
Trntsjlers
Unrestricted funds
General Fund
245887
34576
208321
72142
245887
34576
208321
72142
Restricted funds
Session Benevolont Fund
Organ Restoration Fund
Warm Places
2152
11398
11481
25031
2152
10158
14230
26540
1240
7546
8786
10295
10?95
Total funds
270918
41871
217107
98682
U#mtrkned Restricted
Endowmenl
Funds
Funds
Funds
Total
Total
2024
2024
2024
2024
2023
4. Analysis of Donation$
WFO Scheme (non Gift Aid)
Gift Aid Donations
Tax Recovered on Gift Aid Donatic
Ordinary Ofterings (Open Plate)
Other Ofyerings, Donations etc
18
8029
8029
8422
2062
2062
3155
2528
2528
5306
8167
20786
3295
3295
11462
24081
3142
20043
io
S Analysis of Pa)'ments

Costs of generating funds
Unrestrlcted Restrlcted
EDdowment Total 2024 Total 2023
Chjritable acill'ltles
7139
1200
720
1195
619
7139
1200
720
1195
619
5398
Locum Costs
Interim Moderator Expenses
Removal and Induction Co%t8
Advertising
Shared Costs
Warm Spaces
Fabric repairs & maintenance
Orgyan Costs
Heat and light
Insurance
Other building costs
Cleaning cxp¢ns¢s
OrgJanists f¢cs
Printing. stationery and postage
Manse Purchase
Other expense5
4742
7546
4084
4084
1240
5754
2200
4214
1240
5754
2200
4705
2009
151
715
2350
1075
931
2380
931
2380
180000
2099
208321
180000
2099
217107
2921
28280
8786
Q5e of R¢stri¢t¢d Funds
Session Benevolent Fund.. For adminstration by the Kirk Session
Organ Restordlion Trund.. The Trust¢es ar¢ raising funds towards major restoration of the OTgan.
Warni Places Fund: To provide a wann place for people during the c05t of living increases.
05es of Lndowment Funds
Mary Stewart Bequest - Income for General F und and Session Benevolent adminstration
(i R Macken7ie MeTnorial Pund - Income lo be used towards Siipend
Th¢ Grant Crul¢ksh￿k BLqu¢s1- InLomc for SLssion BLncvolenl administration
Th¢ Md¢ra¢ Bcquest - Incom¢ lo be us¢d towards Stipend

Thè Macpherson Beque51- Income for General Fund purEx)ses
The Mackintosh Bequest - Income for General Fund purposes
Mrs Spalding Executry - Income for Session Benevolent administration
C of S Investors Trust Growth Fund £ 100 - Income for General Fund puryjo
C of S Inveslors Trust Deposit Fund £500 - Income for Genernl Fund purposes
C of S Invesiors T￿51 Deposit Fund £31X) - Income for Session BcncN'oleni adminstTation
C of S Investors Trust Deposii Fund £11135 - Income for (trgan Reslordtion
12

APPENDIX
FUNDS HELD O]Y BEHALF OF THE CONGREGATIO￿,
BY THE CHURCH OF SCOTLAND INVESTORS TRUST
2024
2023
CAPITAL ACCOLINT
Credit Balances held at 31 December al cost
2.086.47
2,086.47
Market Valuc of Balances at 31 Decembcr
5.683.00
5,543.00
REVENUE ACCOUNT
Credit Balance at 31 Dcc¢mb¢r
TF.MPORARY ACCOUNT
Credit Balance at 31 Dcccmbcr
0.00
0.00
13