ttish Charity No SC021643 St Mary's Eplscopal Church Gfangemouth Accounts for year ended 30th Septenknr 2024 CHARif( TRiJSTEES - of Ves BANKERS Vacant Bank ol sco1 Auditor 24 La Porte PreCL Grarwnouth FK3 PAS CHURCH ADDRESS Ronaldshay Crescent GrangernoLrth FK3 9JH
ST MARYS EPISCOPAL CHLIRCH GRAMGEMOUTH REPORT OF VESTRY YEAR ENDED 30th SEPTEMBER 2024 The members of Vesty present tlr annual r8w1 toge1her wth Ihe finala1 ststents for the year ended 30th Septernber 2024. Structure and Governance In temis of the Charibe5 and Trustee Inv8strTient (SwtlaTrJ) Act 2005 and thB Charities knounts (SrDlland) Regulatu5 2006, the Vestry reports to the cororegation a5 fDIIcws: 1 St Mary's Ep1SpaI Church Grangenth 6 a registered ScottSsh Charlty{SC021643> 2 It IB a m6Ynber of the Diocese of EdIntr of th8 So)ttish Episcopal Church and is in 11 communion with th8 AnL"c8n olurch. 3 It Is linked wlth St Catharine's Eplsojpal Churth 80'ness with wlKxn 11 shares a Reclor. 4 The superior authority is Bishop of Edinrgh. 5 All of Its aff8lrs are govemed by th8 Vestry. Appolntnwnt of Vo8try MemborTs Vestry members are elected or apinted by the Annual General Meeting estsbliSt)ed by rJMsttlution and under Canon Law of Ihe denominalon. There Is no fortnai induction programme on-going guidan is gtven to ensure ihat vestry member8 are familiar wlth the trch'S values. alms and responslbllltb&s as Ihe d6gnaled iruste8s of a charlty Admln18tratlve Structure It is the duty of the Vestry to rronage the ternporal afv.rs of the congregatron with responsibility to keep the fabric and propety of Ihe churth and other buildngs k) good working order and to Icx)k after the Iknans oy the (uich. statement of Risk T1 Vestry keeps Uler VIeW the rlsks to which the Church is exposed and h8S estsblished PrdureS to mrtwate any risks Knbfied. Charttable 018ectlveg and Actfvltle8 Th8 cMrth's pnnupal acIN.85 mdude publc v1p n sacT3rnenl and prayer: Christian educalv)n, chaiitable fvnd raksing frjr Ihe local. naii(x)al and intematK)nal needs. Soaal Meing3, [Mman of the youth. elderly and Gjmmunity groups ofall ages.
Achievofflgnt• and Pprformartè The chu rth cixitUeS to make its fatltS available for use and provits WshiP fDT the wtr>le coffrwity. Financial Revièw The accounts tr this year show a defical of £4,267. Tr¥s tyre be explained in part by outstanding claims to St Catharine's Church nuw being repa, and a10&s Df incoffÉ from fundraising 8j hall renlal. Had we not been paid outstandin9 monies from St Catharine's thi5 de11 would have be about £9,000 Plans lor Future P•rh)ds The current financ1 position is being mcjnrtored and wa¥E of iicreasing IrMe and reduclng expenditure are being sought by the Vesty wtK) kntend to Clxllinue with rts range of present 8ctivi1ies into the foreseeable futhre. Re8eThe8 The Veslry has adopled a Fdicy of trying to maintsn a level of un slricted reserves such that. in Ihe event of a 5ignificanl drop in I)coe, the thuich woukl be able to maintain the Cuffent level of ad1vit for a 8{ats perK)d of unbl replacemeni funding is obtakned. Inve81ments Monies whth are not need to nd day to day eXpenltU are invested In either th6 Scoth"sh Episc>Jpal Church Unit Trust Pod {urp} lhe M&G Charitie8 Charifvnd. The investment policy of Ix)th the UTP and M&G, which accord wltr Ihal of the Vesiry, is to eam a retum ( Ihe assels O%Er the knng term. sufficient at least to mainlain the real vakne of the dSstribution lo unit hothrs. ststennt Lrf Véatry Men•r'8 R•sponslblllU•8 The memters of the Ve5ty must prepare financial staInts which glve sufflcienl detail ID enable an appre0ali of the trSact}n5 of ts church durng the financial year. The rnernb8rs Df Ihe Very are restx)nsible br keeping proFer aoxunting IOrdS which. on request, rellecl ttr cent finanoal 1110n of Ihe church at thal time. This must be done lo ensure IfAI the fn8ndal ststernents compty with the Charrtes and Trustee InveBtrnent (ScJJtland) Act 2005 and t1 Charities Attx>unts (Scotland) Regulat)n5 2006. They aro also rp5tK)nsitAe for sagUarding tr assets Df the Church and rrKJst tske re?Y•Dnable steps for the prevention deteciion af fraud and other iriegukrities. CoTrclu61on The Vestry wfJJld like to thank all those who rnnmbuts th* lime, energy and money so generously to ensure the CA17v110n developmenl of St Mary's as a cEntrB of WshIp and a focus for o)rYThunty. On behalf of the Vestry
THEVESTRY OF ST PAL CH RCH GRANGEuTH INDEPENDENT EXAMINERS REPORT FOR THE YEAR ENDED 30th SEvfEMBER 2024 I retxjrt on the acts)unts of ctharity lor y&¥ ee 301 SeptemtÉr 2024 which are set Out on pages 5 to B. Respective Respon$ibilities ol Vestry Alembern and Exarninor The ¢hurch'S vestry Members are lesn8[b for the preparat of the accA)unts in acrdanCe wllh the tems of the CharitEs and Ttee Investment (So)tlarKI> Act 2005 and Chgrttles Acojjnts (StlarK1> RelatIonS 216. The thurch's members of tha Vestry o)ngAder that the audit requirefflents of Regulations 10{1)(d) of the Ac£nts Regulab'ons d5 rK)l apply. li s my responsiblity to exarnille the aCc(ntS as required under section 44(1)(C) Of the Act and to stste whether partlar matters have ctswe10 my attenknn. Ba818 of Independent ExamlnoV8 Ststermnt My examina1n is carrd out in acccydance with RegulatK)n 11 of the Charities AcCnts (Scotland) R89Jktsons 20C6. An examination includes a review of the accounb.ng records kepl by lh8 tharity and a Comparis of t1 a(tow)is pre8en1ed with those records.11 also knd(Kles nsIderSon of any unusual rtems or dlsclosureB in the accounts and seeks eXplanatn from the twstees conceming such matters. The prDcedurBS undertaken do not prnvide all the eVen thatwould be required in an audit and consequenlty I do not express an audit opinion on Ihe vlew grven by the acuunts. Independgnt Exlmknèrs stsiement In the urSe of ry examlnaik)n rK> matter has come to my attention :_ 1. Which oive5 me reasonable cause lo Wipve that any matèrial respect te requiromen15 a) To keep aco)unting records n acxordance wilh Sectim 4411)(a) of tha 2005 Act and regUlatn 4 of the 2006 Attx>unts Regula11ons and b) To prepare ac(x)unts whi() a(flJfd the accojntlng records and comply with ReguiatK)n 9 of the 2006 Accounts Regula15ons have not been mel or 2. To Whh. in my onn. attention shoukj be dr•n in order to enable a proFer understanding of the aunt5 lo be reached. SIgd
Lma ise I Church Gra latsn*nt of Balance at 30Th Se ornh tern r 2024 2023 Bank and Cash In h•nd Oioba&nce8 en Sts Ius (Deit 20.126 ear 25,511 Closing 8akns 15,859 20.126 InVeststs (SEC Ihpit Tnt Market value at beginni of year 82.090 77,851 4.239 Market Wdlue at eThJ of 94.598 InveStrnentslJdG Ch•rfund)_ 14,248 1.159 Market vakje at end of 15,753 14.594 All funds unmtrictod Approved by vestry on 13 Octobm 2024 and siwd on theif ttha
Recelpts aThl PaymertB Accounts fpr the Year Ended Septèmbèr 2024 Not 2024 2023 Recei Free will offe on Plate Donations Gifl Da Gift Aid Other Grants Recei ts from fuThJraising aCts'viS Recei 15 frotn invÈSbnents Recei t5 from hire of hall Refvnds and Reba6 ial Colbection 12.017 511 1.187 555 2,261 499 2234 388 6,544 810 171 472 11.306 455 524 3,090 554 2,081 560 Total R 27 Pa menis for tharilabl8 actwib'es'.- Share of rector's emc4umants Quota Or anisv Gardenerand other ents sha of rectof's reithrsed ex nses Share of Deacons reint)ursed expenses Share of CouncA lax and recto costs Church buildin njnnin osts Worshi relsted costs Admin istralive expenses Charitable donations De51 ated Rin fenc&J funds bro sp.edal coll8cts.on 18,081 1,015 425 3,723 4.581 83 341 360 1,908 5.617 256 401 120 ht forward 540 391 472 91 SURPLUS DEFICIT FOR YEAR All funds 8re unresirkied except £189.50 flower fund, £21.01 for Christrnas decDratK)n5 and £262.53 for the technok)gy pioiecl. £13.32 for new IkS and £12.7D k)r Deacons diocesan expenses
NotOS to Accounts Year Ended 30 Septembèr 2024 BaBls of Preparation The ac£ounts have been Ffepared on a reeeipts and paym8nts ba8is. They censist Lrf a summary of all monies received And PAKJ vi8 the bank dry the finarKial year, alorvJ with a staternenl Df balances. No &YIu5tmerits have teen made f¢Y any rKome due rKIt re¢trIvJ, rYJr for any expense5 incurred but Tr)t yet paid At thè yow end. The clK¥ch. hall (and their cmlents) and the Rectory. arv held at nl Yalue but all are Adequatdy In8ur&l. 1 Grant6 1 Loon8 2024 2024 Grant for shower + EPC. Loan for sh(AYer 1,157 1,077 TOTAL 2. Fundiaiiing Actsvtti86 2Q24 2023 For general fund8: CoronatK>n Party Film Club 791 Jubilee Race Nyht Jewellery Sa Bufn8 AAemt)on 181 Concert 874 Crali Fair Prlze Binw) Varfous activities leis than £1 $0 90 235 TOTAL 3. Sharod Co•ts with SL Catharlne'• Bo'ne•s st. Mary'8 Shares a Rectr)r and Rectsy with St. Calharine's 80.ness with th9 a880C48ted costs being shared cn an agreed bas15. The Supernemerary's Emolumont8 (arKI related costs) are 8hared 50150 the Rectory running $1$ indudro InsUrA bging 8trared S0150 The costs shown In tr* Recws And Paents A¢¢CArf are the npt casts pad by St. Marf$. 4. Ghureh Buildings Running Costs 2024 2023 He4t & Ll9hl Insufanee 1,034 2,433 1.114 2.213 1.894 1.510 PAaiTrtenance TOTAL
- Admlnlstrallv• ExpgnM• This includes. alrSt Oth things, thurdi statKJnery. Ftpe 511 Olfering enNelope5 and the Indepond8nt Ex8mner'8 fee. None d tt)e members received either remuneratign or enseS h resp*t th'r position 88 V6stry Mnber8 Howov8r, the Reclor WI r1ve a slipena, peTrsion ContribUb)r and, wnrk rdatod exn868 and oc¢wie8 the Recioty lown&J by Sl. Marfs), on a rent4ree basis with the TAX Al tIng paid. Rgfgr to Noto 3.
- Chatrltable DcM)atiOrts 2024 2023 Donation$ to ¢h8ritios from chwch funds *wg: M188ion to Seafaier3 360 120 TOTAL
- 0th9r Infomiatlon. al sp1141 ColleGtion8 and Apall Durin9 the year. the churth m&Je seyen Speaal Cc41ecllons. one ctturch fellowsh collections. The fund5 ieceiveé were paid direclly to the USe for whth they were collected 8nd are nDt shDwn in these accounts. Fcf Infonn8Ion, the anuniS were as follryws:_ 2024 2023 Chriits'4n Avj Mi0gion to Seafarws 53 130 Bishops Lent Appeal Hélp 4 Heroés Er8kln8 72 103 My Naffffj'3 Doddi• 347 158 £472 b) Insurnnc• Clakns There were no knsurance 4akn8 the year