CHARITY REGISTRATION NUM8ER: SC023203
Craig Lodge Trust
Unaudited Financial Statements
31 December 2023
Chartered accountants
S Argyll Square
Oban
Argyll
PA34 4AZ

Craig Lodge Trust
Financlal Statements
Year ended 31 December 2023
Page
Trustees, annual report
Independent examiner's report lo the Irustees
Statement of financial activities
Statement ol financial position
Notes lo the financial statements
The followlng pages do nol form part of the linanclal slatements
Detailed statement of financial activities
Notes lo the detailed statement of financial activities
19
21

Craig Lodge Trust
Trustees, Annual Report
Year ended 31 Decembar 2023
The trustees pregeni their report and the unaudited financial statement5 01 thè charity for the year
encled 31 December 2023.
Reference and admln18trallve details
Registered ¢harlty nam•
Charlty rtrglstratlon numb8r
Craig Lodge Trust
.qeO??2n3
en
examinèr
Oban
Argyll
PA34 4AZ
Structure, governgnce gnd management
Organlsatlonal Siructuro
The management ol the Trust is the responsibility ol the Trusiees who are elected undar the terms ol
the Trust.
Governance and Iniernal Control
The Trusle6s have conductgd their own review ol the major risks lo which the chariiy Is exposed and
Systems have been eslablishea 10 milig2ie Ihc¥se risks.
Obl8¢tlves and activitie5
Charitable Objgcllves
The principal objects of the Trust are to advar7ce the Christian religion by proclaiming the word ol God
through prayers, contemplation and public worship and to relieve poverty, advance education ancl
religion in any part ol the world as the Trustees think lit.

Craig Lodge Trust
Trustees, Annual Report (¢ontlnu8dJ
Year ended 31 December 2023
Objectlv&s and aellvltles {eontInu￿}
Our MIs8lon
The mission ol Craig Lodge Trust is lo create a Family House ol Prayer that lacililaies encounters with
the saving power ol Jesus Christ. 11 is a plac& ol prayer, worship, hospitality and fellowship. 11 provides
opportunities lor public prayer (Holy Mass, A(Joration ol the Eucharist, prayer ol the Church, the rosary
and praise 2nd worship gatherings), runs retreat events lo build lailh lor all ages inclLJding young
people and families and loslers a Community ol lay people whose commitment lo a lileslyle ol prayer,
service and evangelisalion underpins all the work of Craig Lodge. It also ollers a discipling programme
lo form young adults as Spiril-lilled evangelizers.
Aehlevemenis and pertormance
Creating A House of Praygr
For over thirty years we have Stewarded a place of Christian spiritual retreat with public Prayer of the
Church, the Rosary, Praise and Worship and celebration ol the Eucharist, al ils heart. In 2023 we.,
Welcomed all who wanted lo join us in prayer, worship and adoration.
Provided opportunities lor private and corporate prayer1-40 hours ol weekly public prayer)
Served the local community as a Sunday Mass centre for our dioce$8 ol Argyll and the Isles 150
regular attendee81
Offered a programme ol lailh-building public events114 public retreats in 20231
Lecl lailh evenis lor young people12 in 20231
Held special weeks lor young lamilies14 in 20231
Ollered healing prayer, in person and online
Maintained our buildings and grounds lo ensure all our visitors can enjoy rest and hosprtalily {-1,000 in
20231
Our drnam Is to bo 8 house ofpr8ygr wlth round the ¢lock worsljlp.
Our Misslon House
We offer a formation programme lo ompower and equip young adults lo become missionaries. This
ministry builds on thirty years ol ollering young adults the experience ol living In a Christian community.
In 2023 we.. -
Ollered a nine-month residential discipleship prograrTTrme
Provided accommodation and meals lor eight young missionaries
Taught an Encounter Ministries basecl curriculum
Provided opportunitios to go on mission and gain hands-on experience
Provided spiritual accompaniment to our young missionaries
Modelled a lifestyle ol prayer anrj intimacy with Jesus as the source ol the Goocl News we share
Shared the Good News ol the gospel with others through street ministry, school and parish missions

Craig Lodge Trust
Trustees, Annual Report (eontlftued)
Year ended 31 December 2023
Aehle¥gment8 and performance (contlnued)
Nurturing Craig Lodge Community
For the last thirty years we have suppori¢d the work ol building a community ol believers commilled lo
a lifestyle ol prayer, Service and worship. Over 2023 w8..
Supported tha Communills leadership team
Ollered opportunities lor regular private and corporate prayer
Provided lorrnaiion
Facilitateo regular ministry VDluntgering opponunilies
Frullful Partner8hip5
We now enjoy partnership8 with several grant making trusts. As we grow our missionary actlvllies. we
are seeking new sources ol funding and looking forward to building more relationships wiltt Irusis,
touydalions and Individual benelaclors who wanl lo sow into our ministriès.
Flnanclal rgvlfrw
The trust reports a SUTplus of unre51ricted funds of £2,346 and a delicil of restricted funds of £5S
resulting in an overall surplus 01 £3,29112022. D21icil £64,202). The irnprove¢ outlurn is partly
attribulable lo an increase in donations 2nd other voluntary giving combined with a (Jecrease in repairs
and maintenance Costs compared lo the prior year.
Reserves
The Trusiees hav& established a policy that Increments every year wilh CPIH inllalion, il the cash in
the bank drops below that value, currently £89.459. then an emergency T,,uslees meoling is rnandated.
At ihis level the Trustees believe this ensures that il retains sullicieni lunes lo enable il lo continue
working towards ils obj8clives. At the year end reserves held were in excess ol this level.
Plons for future perlods
The chaiity is in the process of moving lo a SCIO from 14th MarcF7 2024. However, a dale lor the
transition has not yei beèn agreed bwih OSCR as yet bui the charity expect this lo b& the first ol
September 2024.
The Iruslees, 8nnuAI report. Iy?s approvcd on
and signecl on bèhalf ol the board ol

Craig Lodge Trust
Independent Examiner's Report to the Truslees of Craig Lodge Trust
Year ended 31 December 2023
report lo the trustees on my examination of the Ilnancial 5talemenls ol Craig Lodgo Trust I'lhe
charilll lor the year ended 31 Dec8mber 2023.
Responsibilitles and basls of i¢port
As the trustees ol the charily you are responsible IDr th8 preparation ol the financial 51atem8nts in
accordance with the requirements of thè Charities ana Trustee Inveslmeni Iscoiiandl A¢1 2005 (the
'2005 Acl'l and the Charities Accounts IS¢ollandl Regulations 2006 las amenttecll. You are satisfied
that your charity is not required by charity law lo be audile<J and have chosen Instead lo have an
Independent examinaiion.
I report in respect of my exarninalion of th& charitys financial statements as carried out under section
4411llel ol Ihg 2005 Act. In carrying out my examination I have followed the requiremen15 01
Regulation I l ol the Chanlies Accounis Iscotlandl Regulations 2006 las amended).
Independent examlnèr's statemont
Since the charity has preparèd ils accounts on an accruals basis your examinor must be a member ol
a body listed in Regulation 1112101 the Charities Accouits Iscotlanel Regulation$ 2006 las amenttedl.
I can conlirrn rhat l arn qualified lo undertaKe Ihe &xaminaiion because l am a registere¢ membèi of
thg As50cialion ol Chartergd Certilied Ac¢ounlanis which is one ol the listed bodies.
I hav8 completed my 8xaminalion. I conlirrn that no mallers have come ILI my attantion giving me
Cause lo beliove thai in any material respe¢i.'
accounting records wer& not kept as required by section 44111121 of the 2005 Aei and
Regulation 4 OY the Charili¢s Accounts Isctsiianel Regulation5 2006 las amended),. or
the financial staiemenis do nol accord with those records.. or
the fIna￿cIal sta;
ements do not comssy with the accounting ￿QUIr8M•ntS ol Flegulalion 8 of
the Charitie5 Accounts Iscotlandl Regulations 2006 las amencledl.
I have no coneerns and have come across no other matters In connection with the examination to
w￿le￿) atr,eYlion should be draivy in Iyis report in ordgr to enablg a proper understanding ol the
accoun:.s to
5 Argyll Square
Oban
Argyll
PA34 4AZ

Craig Lodge Trust
Statement of Financlal Activlties
Year ended 31 December 2023
2023
Reslricled
funds Total tunds Total funds
Unreslricled
funds
2022
Incomg and endowm9nts
Donations and18gacies
Charitable aeiivitips
Investment income
Other ineorne
Total income
Expèndlture
Expenditure on charitable activities
Other exp9nLYilure
Total expendlture
Note
275,737
85,879
1,374
697
4.000
279,737
85,879
1,374
697
251,832
71,930
209
1,480
363,687
4,000
367,687
325,451
359,459
882
4,055
10
363,514
882
389,653
360,341
4,055
364,396
389,653
Net In¢omellexpendllurel and net
movement In funds
3,346
1551
3,291
164,2021
Re¢oneiliatlon ol lunds
Total funds brought forward
Total lunds carrled forward
212.588
3,588
3,533
216,176
219,467
280,378
216,176
215,934
The statement ol financial activities includes all gains and losses reeognised in Ihg year.
All income and expenditure derive from continuing activities.
The notes on pages 7 to 17 fom part of thèse Ilnanclal statemgnts.

Craig Lodge Trust
Statement of Financlal Positlon
31 December 2023
2023
2022
FIX￿ assgts
Tangible fixed assets
Current 888el$
Stocks
Debtor5
Cash al bank and in hand
Note
15
65,290
71,393
16
17
1,500
12,165
150,389
2,6QO
21,546
129.547
153,693
164,054
Creditors: omounts falllng due wlthln orte year
Net Currént ass9ts
Total 888ets less current liablllll88
Net assets
18
9,877
154,177
8,910
144,783
219,467
216.176
216,17S
219,467
Funds of the charlty
Restricted funds
Unrestricted funds
Total eharlty tund$
3.53ts
215,934
3,588
212,588
219,467
216.176
These lin8ncial sla+emen'.s ivorè approved by the btsard ol trustegs and authorised lor issue on 25 May
2023. aid are signecl on behalf ol the boarJ by..
The notes on pages 7 to 17 form part ol thè$e Ilnanclal st8tomgnt$.

Craig Lodge Trust
Notes to the Financial Statements
Year ended 31 December 2023
Lggal Statu$ ol the eharlty
The Trust, which is a recognisecl charity in Scotland is operated in accordance with ils Trust Deed
dated 28 December 1994.
Statement of compllance
These financial statements havè been prepared in compliance with FRS 102, 'The Financial
Aeporting Standard applicable in the UK and the Republic ol Ireland,, the Slaiemenl of
Recommended Practice applicable lo charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 Icharilies
SORP IFRS 10211 and the Charities anLI Truslge Investmoni IScollanLYI Aa 2005 an(J the Charity
Accounts (Scotlandl Regulations 2006 las amende(Jl.
Accounting policle$
Basls of preparation
The linan¢ial statements have been prepared on the historical cost basis, as moc8ilied by the
revaluation of certain financial assets and liabilities and inveslmenl properties measured at lair
value through income or expenditure.
The financial statements arg prepared in Sterling, which is the functional currency ol the entity.
Golng concern
There are no material uncertainties about the charity's ability lo continue.
Disclosure exemptlons
The entity salislies the ¢ril8ria ol being a qualit￿ng entity as delinecl in FRS 102. As such,
8dvanlag8 has been taken ol the following disclosure exemptions available under paragraph 1.12
of FRS 102.
lal No cash flow slalemenl has been presented lor the company.
Ibl Disclosures in respect ol financial instruments have not been presented.
Judgements and kéy 80urce$ of estlmation uncertalnty
The preparation ol the financial statements requir&s management to make judgements,
estimates ancj assumptions that allect the amounts reported. These estimates and judgements
are continually revièwed and are based on experience and Other laclors, including Èxpectations ol
lulure events thai are believed lo be reasonable under the circtjmslances.

Craig Lodge Trust
Notes to the Financlal Statements ieon1lnu￿}
Year ended 31 December 2023
A¢¢ounting pollcles (Collllnued)
Fund accounting
Unresiricled funds are available lor use at the discretion ol the Iruslees lo further any ol the
charills purposes.
Designated funds are unrestricted funds eafmarked by the trustees lor particular future project or
commitment.
Restricted funds are subjected lo reslriclions on their expenditure declared by the donor or
through Ihe terms ol an appeal, and fall into one ol two sub-classes.. reslrieted income funds or
endowment funds.
Income
All income is included in the statement of financial activities when enlillement has passed lo the
charity, il is probable that the econpmic benefits associated with the Iransaciion will Ilow lo the
charity and the amount can be reliably measureo. The following specific policies are applied lo
particular catègories ol income..
income from donations or grants is r&cognised when there is evidence ol eniillemenl lo the
gift, receipt is probable and ils amount can be measured reliably.
legacy incorne is recognised when receipt is probable and enlillemenl is established.
income from donated goods is measured al the fair value ol the goods unless this is
impraclicle lo measure reliably, in which case the value is derived from the c05110 the donor
or the eslimaied resale value. Donated lacililies and services are recognised in the acc()unls
when received il the value can be reliabily measure(J. No amounts are included lor the
contribution ol general volunteers.
income from contracts lor the supply ol services is recognised with the delivery ol the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it lo be spent on a particular purpose and rèturned il unspent, in which case il
may be regarded as restricted.
Expenditure
Expenditure Is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be lully recovered, and is classified under headings of the slalemenl ol
financial activities lo which it relates..
expenditure on raising funds includes the costs ol all fundraising aclivilies, events, non-
charitable trading activities, and the sale ol donatod goods.
expenditure on charitable activities includes all costs incurred by a charity in undenaking
activities that further ils charitable airns lor the benefit of ils beneficiaries, inclLJding those
support costs and costs relating lo the govèrnance of the charity apportion&d lo charitable
aclivilies.
other expencjilure includes all expenditure that is neither related lo raising funds for the
charity nor part ol ils expenditure on charilable aclivilies.

Craig Lodge Trust
Notes to the Financial Staternents (continued)
Year ended 31 December 2023
A¢¢ounllng pollclès (continued)
Exp¢ndllure (conllnuedj
All costs are allocated lo expenditure categories reflecting the use of the resource. Direei Costs
attributable lo a single activity are allocated directly lo that activity. Shared costs are apprortioned
between the activities they contribute lo on a reasonable, justifiable and consisienl basis.
Tangible assets
Tangible assets are initially recorded al cost, and subsequently slated al Cost less any
accumulated depreciation and impairment losses. Any tangible assets carried ai revalued
amounts are recorded al the lair value al th& dale of revaluation less any subsequent
a¢cumulaled depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result ol a revaluation, is recognised In other
recognised gains and losses, unless il reverses a charge for impairment th81 has previously bèen
recognised as expenditure within the Slalemenl ol financial aeiivilies. A decrease in the carrying
amount ol an asset as a result ol revaluation, is recognised in Dlher recognised gains and losses,
except to which it ollsets any previous revaluation gain, in which case the loss is shown within
other recognisecj gains and losses on the slalement of financial aclivilies.
Depreclallon
Depreeialion is calculated so as lo write oll the cost or valuation of an assÈi, less ils residual
value, over the useful economic life ol that asset as follows..
Tenant's improvements
Plant and machinery
Fixtijres and fillings
Motor vehiclos
Slraighl line over the rèamaining life ol the lease
150/8 reducing balance
25 /0 reducing balance
25°/o Straight line
In 2011 the Depreciation rale ol th& Long Leasehold property was changed from 8 10 10 1°/0 10
rellecl the length ol the 99 year lease, ol which 70 years are lell at December 2023.
Impairment of flxed assets
A review for indicators ol impairment is carried out ai each reporting date, with the recoverable
amount being eslimaied where such indiealors exist. Where the carryiny value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are alsts reviewed lor
possible reversal at each reportitTrg dale.
For the purposes ol impairment t2sling, when it is ntsi possible lo estimate the recoverable
amount ol an individual asset, an estimate is made ol the recoverable arnounl ol the cash-
generating unit to which the asset belongs. The cash-generaling unil is the smallest identiliable
groLJP ol assets that includes the assei and generates cash inflows that largely inclependent ol the
cash inflows from other assets or groups of assets.
For impairment lesling ol goo(Jwill. thè goodwill acquired in a business combination is, from the
acquisition dale, allocated to each ol the cash-generaling units that are expected lo benefit from
the synergies ol the combination, irrespective ol whether other assèts or liabilities ol the charity
are assigned lo those units.

Craig Lodge Trust
Notes to the Financial Statements f¢onfvnved)
Year ended 31 December 2023
A¢countlng poll¢les f¢ontitTrued)
Stocks
Sioeks are measured al the lower of cost and eslimaled selling price less costs lo eomplele and
sell. Cost includes all costs ol purchase, costs ol conversion and other costs incurred in bringing
the Stock lo ils present location and eonditi¢n.
Flnanclal instruments
A financial asset or a financial liability is recognised only when the charity becomes a party lo the
¢onlraclLJal provisions ol the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs.
Current assets and current liabilities are subsequently measured al thè cash or other
eonsideration gxpected to be paid or received and not discounted.
Oebl instruments are subsequently measured al amortisèd cost.
Where investments in shares are publicly Iracjed or their fair value can otherwis& be measured
reliably, the investment is subsequeniiy measured at lair value with changes in lair valuè
recognised in income and expenditure. All other such investments are subsequently measured ai
cost less impairment.
Other financial instruments, including derivatives, are initially recognised al lair value, unless
payment lor an asset is deferred beyond normal business terms or financed al a rate ol interest
that is not a market rate, in which case thè asset is measured at the present value ol the future
payments discounted at a market rale ol inleresi lor a similar debt Inslrumenl.
Other financi81 instruments are subsequently measured ai tair value, with any changes
recooni5ed in the statement ol financial activities, with the exception ol hedging instruments in a
designated hedging relationship.
Financial assets thai are measured at cost or amortisecl cost are reviewed lor objective evidence
ol impairment at the end ol each reporting dale. 11 thère is objective evidence ol impairment, an
impeirment loss is recognised under the appropriate heading in the Statement ol financial
activities in which thè initial gain was recognised.
For all equity instruments regardless ol significance, and other linaneial assets that are
individually significant, these are assessed indiviclvally lor impairment. Other financial assets are
either assessed individually or grouped on the basis ol similar credit risk characteristics.
Any reversals ol impairment are recognised immediately, 10 the extent that the reversal does not
resull in a carrying amount ol the financial asset that exceeds what the carrying 8mDuni would
have been had the impairment not previously been recognised.
Defined ¢onlrlbullon plans
Contributions lo defined ¢onlribulion plans are recognised as an expense in the period in which
the related service is provided. Propaid contributions are recognised as an asset lo the extent
that the prepayment will lead to a reduction in future payments or a cash relLJnd.
10

Craig Lodge Trust
Notes to the Financial Slatements fconiinued)
Year ended 31 December 2023
Accountlng pollcies ieontlnuèd?
Deflngd contrlbutlon plans (contInU￿}
When contributions are not expected to be settled wholly within 12 months ol the end ol the
reporting dale in which the employees render the related service, the liability is measurgd on a
discounted present value basis. The unwinding ol the discount is recognised as an ex￿nse in
the period in which il arises.
Donatlons and leoa¢les
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Donatlons
Donations
Chapel income
Other donations
MissiDn lees
107,092
I,D87
4,670
2,000
107,092
1,087
4,670
2,000
Grants
Sir Harold Hood Charitable Trust
Garioch Charitable Trust
Columba Trust
50,000
99,175
50,000
99,175
4,000
4,000
Othei donations and legacles
Tax reclaimed on gilt aid
11,713
11,713
279,737
275,737
4,000
Unreslricled
Funds
Flestricled Total Funds
Funds
2022
Donations
Donations
Chapel income
Other cjonalions
Mission lees
94,073
94,073
Grants
Sir Harold Hood Charitable Trust
Garioch Charitable Trust
Columba Trust
50,000
100.865
50,000
100,865
Other donatlons and legacles
Tax reclaimed on gill aid
6,894
251,832
6,894
251,832
11

Craig Lodge Trust
Notes to the Financial Statements (eontlnuod)
Year ended 31 December 2023
Charltable actlvltles
Unreslricled Total Funds Unrestricted Total Funds
Funcls
2023
Funds
2022
General & Family Relreals, Youth
Work]Relaled Inc
Mission House
81,879
4,000
81,879
4,000
59,317
12,613
59,317
12,613
85,879
85,879
71,930
71,930
Inveslmenl Ineome
Unrestricted Total Funds ijnresiricled Total Funds
Fun(Js
2023
Funds
2022
Bank interest receivable
1,374
1,374
209
209
Other Income
Unre51rieied Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Other income
697
697
1,480
1,480
Expenditure on charilable actlville8 by fund type
Unreslriclgd
Funds
Restricted Total Funds
Funds
2023
Charitable activities
Support costs
357,181
2,278
4,055
361,236
2,278
363,514
359,459
4,05S
Unreslricled
Funds
Restricted Total Funds
Funcls
2022
Charitable aetivilies
Support costs
384,673
2,188
2,792
387,465
2,188
389,653
386,861
2,792

Craig Lodge Trust
Notes to the Financial Statements Icontlnuedl
Year ended 31 December 2023
Exptrnditure on charitable actlvilles by actlvlty type
Activities
undertaken
directly Support Costs
Total funds
2023
Total fund
2022
Charitable activities
Governance costs
361,236
361,236
2,278
887,465
2.188
2,278
361,236
2,278
363,514
389,653
10. Other expendlluro
Unrestricted Total Funds Unreslrieted Total Funds
Funds
2023
Funds
2022
Loss on disposal ot tangiblè fixed
assets held lor charity's own use
882
882
11. Nel incomellexpendlturel
Nel incomellexpenditurel is staled aller chargingllcreditingl..
2023
2022
Depreeialion ol langiblg fixed asset5
Loss on disposal of tangible fixed assets
4.936
882
8,892
12. Independenl examinatlon fees
2023
2022
Fees payable to the independent examiner for..
Independent examination ol the financial statements
1,440
13. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows..
2023
2022
Wages and salaries
Social security costs
Employer ctsnlributions lo pension plans
177,187
10,548
5,290
170,741
10,125
5,076
193,025
185.942
The employment costs lioure includes support staff costs and also youth work Costs which are
charitable activities undertaken directly.
The averag& head count ol employees during the year was 712022.. 81.
No employee received employee benefits ol more than £60,000 during the year12022'. Nill.
13

Craig Lodge Trust
Notes lo the Flnanclal Statements (eonIlnu￿j
Year ended 31 December 2023
13. Slafl costs l¢onllnued?
Key Management Personnel
The lolal remuneration ol key management personnel ot the ¢harily, comprising the Chief
Executive Officer and the Operations Manager, was as follows..
2023
2021
Salaries
Employers Nl
Pension contributions
45,281
3,949
1,359
50,589
43,656
3,588
1,381
48,625
14. Trustee remuneration and expen$os
No Trustee received any direct remuneration in their role a5 Iru51ee, nor any benefits in kind or
reimbursement ol expenses during the year.
For related pany transactions see note 21.
15. Tanglble flxed a8set$
Tenant's
improvemen
Plant and Fixtures and
Is machinery
fittings
Motor
vehicles
Total
Cost
Ai i Jan 2023
Disposals
Al 31 Dec 2023
217,223
36,866
58,304
16,179
14,6651
11,514
328,572
14,6651
323,907
217,223
36,866
58,304
Depreciallon
At 1 Jan 2023
Charge lor the year
Disposals
Ai 31 Dec 2023
Carrylng amount
At 31 Dec 2023
Ai 31 Dec 2022
164,342
745
35,418
217
42,407
3,974
15,012
257,179
4,936
13,4981
258,617
13,4981
11,514
185,087
35,635
46,381
52,136
52,881
1,231
11,923
65,290
71,393
1,448
15,897
1,167
16. Stocks
2023
2022
Non-resale stock
1,500
2,600
14

Craig Lodge Trust
Notes to the Flnancial Statements (¢onllnu￿J
Year ended 31 December 2023
17. Debtors
2023
2022
Prepayments and accrued incomè
12,165
21,546
18. Credllors: amounts falllng due wilhln one year
2023
2022
Accruals and deferred income
9,877
8,910
19. Penslons and other post rellremenl benefits
Deflned contributlon plans
The amount recognised in income or expenditure as an exp&nse in relation lo defined
contribution plans was £5,29012022'. £5,076).
20. Analysls ol charltable funds
Unrestricted funds
Al 1 Jan 2023
Income Expenditure
At
Transfers 31 Dee 2023
General funds
Designalecl Tenants
Improvements
159,707
363,687
1359,5961
163,798
52,881
212,588
17451
1360.3411
52,136
215,934
363,687
Al 1 Jan 2022
Income Expenditure
Ai
Transfers 31 Dec 2022
General funds
Designated Tenants
lfflprovemenls
203,090
325,451
1384,6891
15,855
159,707
55,053
258,143
12,1721
1386,8611
52,881
212,588
325,451
15,855
The designated fund consists ol tenants improvement, which have been funded by both external
grants and general income. Where grants are not received towards the Èxpenditure and
improvements are funded out of unrestricted income, a Iransler is made from general funds to
the designated fund. The depreciation lor the year is now charged directly lo the fund.
15

Craig Lodge Trust
Notes to the Flnanclal Statements (eontinu8dl
Year ended 31 December 2023
20. Analy81s ol charitable fund$ (¢oniinugdJ
Re$irlcted funds
Al 1 Jan 2023
Income Expenditure
At
Transfers 31 Dec 2023
Buildings and
Inlraslruciure
8enefacl Trust
(previously AIIChurches
Trusti
Columba Trust
3,588
12,4851
11,5701
14,0551
4.000
1,103
2,430
3,588
4,000
3,533
At 1 Jan 2022
Income Expenditure
Al
Transfers 31 Dec 2022
Buil(Jings and
Inlraslruclure
Benelacl Trust
Ipreviously AIIChurches
Trust)
Columba Trust
15,855
115,8551
6,380
12.7921
3,588
22,235
12,7921
11 5,8551
3,588
Bulldlngs and Infraslru¢lure
Costs have been incurred towards the construction ol a nèw recreational hall. In earlier years the
Costs were included in prepayments, as the project was on hold until such lime additional funds
were sought, The planning consent lor this project has now lapsed and the need tor the hall has
significantly diminished. The costs have been removed from prepayments ancj includ6d as
expenditure in the current year. The balance ol funds have alsg been transferred from reslri¢ied
lo unrestricted funds.
Benefact Trust
The funds from Benelacl Trust support the creation and development ol our House ol Prayer's
online mission.
16

Craig Lodge Trust
Notes to the Financial Statements l¢onllnu8dJ
Year ended 31 December 2023
21. AnalyÈl$ of net a8set¥ between funds
Unresliicled
Funds
Reslricted Total Funds
Funds
2023
Tangible fixed assets
Curieni assets
Crèditors less than 1 year
Nel a$$ets
65,290
160,521
19,8771
215,934
65,290
164 054
19.8771
219,467
3,533
3,533
Unrestricle
Funds
Restricted Total Funds
Funds
2022
Tangiblg fixed assets
Current assets
Creditors less Ihan 1 year
Net a58et$
71,393
150,105
18,9101
212.588
71,393
153,693
18,9101
216.176
3.588
3,588
22. Related partles
The Trust loases Craig Lodge House from
close relatives ol some former Irusle&$, on a
who are
9 yeai lease which commenced on 28th December
1994. Following the appointment ol trustees Trjvho were uiconoecied with the family truslees, and
as the rent hary npl ftki¢i"
ec
being paid lo
decision was taken to increase the l&vel ol rent
Thè family trustees, wno have since resigned. look no part in the (Jecision making process lo
avoid any conflict ol interest, or personal interest in the deeision. Prio,, 10 2011 the annual reni
wa5 £5,200. The Trust now pays rent of £240 per week1£200 pèr weèk Ljnlil 5 April 20221 which
amounted lo £11,920 in the year 12021.. £10,400). The Trustees eonsi(ler that this Is Still well
below the market value rent for the property.
WIO Sgrves as a Trustee, is married lo a member ol Staff. She does not lake part
In aiscussions with regard lo stall remuneration.
17

Craig Lodge Trust
Management Information
Year ended 31 December 2023
The lollowlng pages do not form part of the flnonc181 Slalements.

Craig Lodge Trust
Detalled Statement of Financial Acllvities
Year ended 31 December 2023
2023
2022
Income and endowments
Donallons and legacles
Donations
Chapel income
Other Llonations
Mission lees
Sir Harold Hood Charitable Trust
Garioch Charitable Trust
Columba Trust
Tax reclaimed on gift aid
107,092
1,087
4,670
2,000
50,000
99,175
4,000
11,713
94,073
50,000
100,865
6,894
251,832
279,737
Charllable aclivllle$
General & Family Retreats, Youth WorklRelaled Inc
Mission House
81,879
4,000
59,317
12,613
71,920
85,879
Investment Income
Bank interest receivable
1,374
209
Other income
Other income
697
1,480
Total income
367,687
325,451
19

Craig Lodge Trust
Delalled Statement of Financlal Activit5es (¢ontihu8d)
Year ended 31 December 2023
2023
2022
Expendlture
Expenditurè on charllable activilles
PLJrchases
Wages and salaries
Employer's NIC
Pension costs
Rent
Rates and water
Light anrj heal
Repairs and maintenance
Insurance
Motor vehicle expenses
Legal and professional lees
Telephone
Other ollice costs
Depreciation
Other expenses
30,619
177,187
10.548
5,290
12,48D
2,314
43,982
29,391
5,177
8,739
1,500
1,236
8,164
4,936
3,849
27,041
170,741
10,125
5,076
11.920
2,665
29,518
56,036
4,817
8,490
17,295
5,014
8,892
5,907
1,350
1,880
21,703
Retreat costs
Community, leslival and youth events
1,654
16,448
363,514
389,653
Olhgr expendlture
Loss on disposal of tangible lix¢d asse15 held for charity's own use
882
Total gxpendlture
364,396
389,653
N¢1 Incomellexpendilurel
3,291
164,2021
20

Craig Lodge Trust
Notes to the Detailed Statement of Financial Actlvities
Year ended 31 December 2023
2023
2022
Expenditure on charltable actlvilies
Charitablè actlvitles
Actiwitles undertaken dlrectly
Provisions ancf materials
Wages and salaries
Employer's NIC
Pension Costs
Rent
Rates & water
Light & heal
Repairs & maintenance
Insurance
Motor vehicle expenses
Prolessional lees
Telephone and communications
Brochures and leallels
Depreciation
Other expenses
Bad debts
Retreat CDSIS
Cornmunily, leslival and youth events
30,619
177,187
10,548
5,290
12,480
2,314
43,982
29,391
5,177
8,739
27,041
170,741
10,125
5,076
11,920
2,665
29,518
56,036
4,817
8,490
15,855
1,183
4,266
8.892
5,907
1,350
1,880
21,703
1,238
7,386
4,936
3,849
1,654
16,448
361,236
387,465
Governance cost$
Accountancy lees
Payroll setvices
1,500
778
1,440
748
2,278
2,188
Expendlture on charitable actlvilies
363,514
389,653
21