Registered Charity No SC 023272
ST JOHN THE EVANGELIST
SCOThISH EPISCOPAL CHURCH
INVERNESS
ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

ST JOHN THE EVANGELIST scorrisH EPISCOPAL CHURCH, INVERNESS
Accounts for the Year Ended 30 September 2024
Contents
Page
Reference and administrative information
Vestry report
Independent Examiner's report
Receipts and Payments Account
statement of Balances
Notes to the accounts
8-10

ST JOHN THE EVANGELIST scorrisH EPISCOPAL CHURCH, INVERNESS
Accounts for the year ended 30 September 2024
Reference and Administratlve Information
Registered Charity No SC 023272
Principal Addre8S
St John the Evangelist. Southside Road, Inverness
Charity Trustees
(Vestry Members)
Reslgnatlons
Bankern
Bank of Scotland
2- 6 Easlgate
Inverness
Independent Examiner
MacKenzie Kerr Limited
Chartered Accountants
Redwood
19 Culduthel Road
Inverness
IV2 4AA

ST JOHN THE EVANGELIST scorrisH EPISCOPAL CHURCH, INVERNESS
Accounts for the year ended 30 September 2024
Annual Report of the Members of the Vestry
As the Charlty Trustees of St John the Evangelist, the vestry presents the annual accounts
for the year ended 30 September 2024.
Structure, governance and management
StJohn's Church is an unincorporated association. As a membercongregation ofthe Diocese
of Moray, Ross and Caithness in the Scottish Episcopal Church, it is governed by the Canon
Law of the Scottish Episcopal Church. The management team of the Church is known as
the Vestry. For the purpose of charities law, the members of the Vesiry are the Charity
Trustees of the church. Details of the Vestry members are given on page 1.
Apart from the Rector, ordinary Vestry members are elected by the Congregation in annual
meeting. Vestry members usually serve for a term of 3 years and may serve for a maximum
of 2 consecutive terms. One Vestry member (the rector's warden} is appointed by the Re¢tor
and one Vestry member (the people's warden) is appointed by the Congregation. The Vestry
secretary and the treasurer are appointed by the Vestry. The Rector is appointed by the
Vestry and the Bishop of the Diocese. There is no formal induction programme but ongoing
guidance is given to ensure Vestry members are familiar with the Church's values, aims and
responsibilities as the designated trustees of the charity.
Charltablg objectives, actlvltles and achievements
We are a small, friendty congregation whose objective is to advance the mission of the
Christian Church (which is the building of the kingdom of heaven) through worship, service
and prayer gatherings and encouraging new members.
These annual accounts presenl a summary ofour financial aclivities during the year and give
an overview of the general activities which have taken place in the life of our church in the
past year.
Services have continued in the church building on each Sunday.
Appointed clergy regularly visits house-bound members of the congregation and provides
pastoral support and the Sacrament to them and are also in contact with a number of people
associated with the church.
has been appointed as temporary priest with charge to oversee
vestry meetings at St Johns.
continuing wors
Ipan
The rectory has continued lo be let through the letting agency.

ST JOHN THE EVANGELIST SCOThISH EPISCOPAL CHURCH, INVERNESS
Accounts for the year ended 30 September 2024
Annual Report of the Members of the Vestry (continued)
Financial review
All of the members of St John's have this year, as in past years, proved to be very generous.
The church has contributed its full share of Quota in the year.
The Quinquennial report prepared previously highlighted a number of works and repairs to
be carried out on the fabric of both the church and the church hall. Most of this work has still
to be carried out. Commencement of glazing works has resulted in the removal and total
replacement of stained-glass windows in the vestry. These windows are deemed the most
urgent for renewing I replacing on the advice of the glazier. This work on the vestry windows
is now complete. The Vestry of St John's will be looking for fundraising not just from its
members but also further afield to continue the glazing work to be ￿rrIed out throughout the
church.
Income
St John's Church relies heavily on the generosity of its congregation for most of its day to
day funding. Additionally, amounts are generated by fundraising activities such as fetes,
donations for the use of the hall, and from investment income.
ReseNes
St John's Church reseNes fall into the Gategory of unrestricted, restricted and endowment
funds. Unrestricted funds can be spent on any relevant activity; restricted funds can only be
spent on a defined activity (e.g. refurbishment appeals. etc). The endowment fund was the
capital initially used to set up the church and was invested in the Rectory.
Investments
Monies which are not needed to fund day to day expenditure are invested in the Scottish
Episcopal Church Unit Trusl Pool (UTP), administered by Baillie Gifford. The investment
policy of the UTP, which accords with that of the vestry, is to earn a return on the assets,
over the long term. sufficient at least to maintain the real value of the distribution to unit
holders.
The UTP has developed an ethical investment policy. No investments will be made in
companies who derive more than 15% of their revenue from tobacco, armaments or
gambling. The majority of the UTP is invested in UK equities.

ST JOHN THE EVANGELIST SCOThISH EPISCOPAL CHURCH, INVERNESS
Accounts for the year ended 30 Septsmber 2024
Annual Report of the Members of the Vestry (continued)
Relationshlp wlth Dlocese and Provlnce
St John's is supported by the Diocese and the Province through the pastoral oversight of
the Bishop, and central sUPPOrt functions provided at Diocesan level. The church is
represented at Diocesan level by the Rector and the Lay Representative. As a member of
the SEC, St John's has an obligation to contribute to the costs of the Diocese and the
Province through the payment of an annual 'quota'.
Plans for future periods
The Veslry intends to renovate and refurbish the church and the church hall into friendly,
wam) and usable spaces and Ihereby increase its support of the community in Crown.
Statement of responsibllltles of membets of the Vesty
The members of the Vestry must prepare financial stalement that give sufficient detail to
enable an appreciation of the transactions of the church and of its results for that period.
The members of the Vestry are responsible for keeping proper accounting records which
disclose with reasonable accuracy al any time the financial position of the church and to
enable them to ensure that the financial statements comply with Ihe relevant legislation.
The members of the Vestry are also responsible for safeguarding the assets of the church
and hence for taking reasonable steps for the prevenlion and detection of fraud and other
irregularities.
Conclusion
The members of the Vestry would like lo thank all those who contribute their time, energy
and money so generously to ensure the continuation and development of St John's church
as a centre of worship and focus for the community.
y order of the Vestry

Independènt Examiner's Report to the Vestry Members of
St John the Evangelist Scottish Episcopal Church, Inverness
I report on the accounts of the charity for the year ended 30 September 2024 which are sel
out on pages 6 to 10.
Respective responsibilities of truste85 and examlner
The charity's trustees are responsible for the preparation of Ihe accounts in accordance
with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the
Charrties Accounts (Scotland) Regulations 2006.
The charity trustees consider that the audit requirement of Regulation 10(1 }(d) of the
Accounts Regulations does not apply. It is my responsibility to examine the accounts as
required under section 44(1){c) of the Act and to state whether particular matters have
come to my attention.
Basis of independent examiner's ststement
My examination is carried out in accordance with Regulalion 11 of the Charrties Accounts
(Scotland} Regulations 2006. An examination includes a review of the accounting records
kept by the charily and a comparison of the accounts presented with those records. It also
includes consideration of any unusual items or disclosures in the accounts, and seeks
explanations from the trustees 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
a¢¢ounts.
Independent examiner's statement
In the course of my examination, no matter has come to my attention..
which gives me reasonable Gause to believe that in any material respect the
requirements-
to keep accounting records in accordance with Section 44(1)la) of the 2005 Act
and Regulation 4 of Ihe 2006 Accounts Regulations. and
to prepare accounts which accord with the accounting records and comply with
Regulation 9 of the 2006 Accounts Regulations,
have not been met, or
2. to which, in my opinion, attention should be drawn in order lo enable a proper
understanding of Ihe accounts to be reached.
MacKenzie Kerr Limited
Chartered Accountants
Redwood
19 Culduthel Road
Inverness, IV2 4AA
2? 7vL4- Date

ST JOHN THE EVANGELIST SCOThISH EPISCOPAL CHURCH, INVERNESS
Receipts and Payments Account for the Year Ended 30 September 2024
Unrgst-
ricted
Rest- Endow-
17Ctgd
m8nts
Total
Funds
2024
Total
Funds
2023
Notes
Receipts
Donations
Re￿Ipts from fundraising activities
Special collects'ons
Receipts from investments other
than land and buildings
Income from land and buildings
Gross receipts from other charitable
aclivities
25,636
420
5.076
30,712
420
28,234
300
819
819
758
11,484
19,133 19,133
30
30
35
Total receipts
26.905
5,076 19,133 51,114
Payments
Payments relatlng to charltable activities
Clergy and ministry costs
Quota
11,211
8,520
34,808
767
11.211
8.520
39.884
767
11,985
8,733
22,364
448
Propety expense5
Administrative expenses
Charitable expenses
Legal and profasslonal fees
Accountancy fees
Other expenses
5,076
180
180
620
443
1,965
720
2,070
745
2,070
263
Total payments for charitable activitles
58,744
5,076
Govemance costs
Independenl examine¢s fee
240
Total payments
59,428
(Oeficit)ISurplus for the year
32.523
19.133
13,390
6,527
The notes on pages 8 to 10 form part of these accounts.

ST JOHN THE EVANGELIST scorrisH EPISCOPAL CHURCH, INVERNESS
Statement of Balances as at 30 September 2024
Un￿$t-
ricted
Rest- Endow-
ncted
ments
Total
Funds
2024
Total
Funds
2023
Cash at bank and in hand
Balance at beginning of year
(Deficitllsurplus for year
Total Cash Funds at end of year
27,345
17.000
44,345 50,872
13.390
6,527
13,955
30,955 44,345
Investments (SEC Unlt Trust Poolj
Balance at beginning of year
Unrealised gain/(loss) in year
Market Value at end of year
24,909
3,797
24,909 23,623
1.286
28,706 17,700
28 706 24,909
Fund Balances (Cash and
Investments)
At beginning of year
Cash {deficit) I surplus for
year
52,254 17,000
69,254 74,495
(32,523)
3,797
19,133 {13,390) (6,527)
3,797
1,286
Movements in investments
Transfers
19,133
19,133
At end of year
42,661 17,000
69,254
and signed on their behalf by
The notes on pages 8 to 10 form part of these accounts.

ST JOHN THE EVANGELIST SCOThSH EPISCOPAL CHURCH, INVERNESS
Notes to the Accounts for the Year Ended 30 September 2023
1. Accounting pollcles
Basis of preparatlon of the accounts
The accounts have been prepared on a receipts and payments basis. They consist of a
summary of all monies re￿iVed and paid via the bank and in cash by the church during the
financial year, along with a statement of balances. No adjustments have been made for
any income due but not received, nor for any expenses incurred but not yet paid at the year
end. Except for investments, fixed assets are not caprtalised.
Funds
Unrestricted funds are available for use at the Vestry's discretion in fijrtheran￿ of the
church's objectives such as outreach into the community- restricled funds are those given
for specific purposes. Restricted funds represent monies donated towards the cost of
replacing the heating in the church hall and donations towards required major repairs to the
fabric of the Church and its Hall.
Designated funds are unrestricted fun(Is that have been allocated for a specific purpose by
the Vestry.
The endowment fund was the capital initially used to set up the church and was invested in
the rectory. Rental income from the buildings held in endowment is of an unrestricted
nature and may be used for any purpose.
Church Bulldlngs
The church, the hall and the rectory are held in Trust separate from the church's funds and
are not shown in the statement of balances. The Vestry believes that it is not possible to
Pla￿ a market value on them. The valuation of the church. hall and rectory buildings for
Insuran￿ purposes is £9,980,000.
Special Collections
In some years, the church makes special collections for charities. These funds are banked
and the total paid over to the relevant charity before the end of the calendar year.

ST JOHN THE EVANGELIST scorrisH EPISCOPAL CHURCH, INVERNESS
Notes to the Accounts for the Year Ended 30 September 2024 {continued)
2. Donations
2024
2023
Unrestricted funds
Congregational
giving
Gifl Aid on congregational
giving
Other donations
18.491
18,627
4,591
2,554
25,636
9,019
399
28,045
Restricted fund5
Grants
Special collections
5.076
189
189
5,076
3. Receipts from fundraising activities
2024
2023
Unrestricted funds
Fetes & Events
420
420
300
300
4. Receipts from investments other than land and buildings
2024
2023
Unrestricted funds
SEC Unit Trust dividends
819
819
758
758

ST JOHN THE EVANGELIST SCOThISH EPISCOPAL CHURCH. INVERNESS
Notes to the Accounts for the Year Ended 30 September 2024 (continued)
S. Property expenses
2024
2023
nrestricted funds
Routine repairs and upkeep
Window restoration
Insurance
Heat and light
Rates and water
Redory costs
Cleaning
5,704
8,724
3,475
15,719
1,759
4,112
170
3,679
8,225
1,384
3,372
34,808
22,364
2024
2023
Restricted funds
Window restoration
5,076
5,076
6. Remuneration and expenses pald to vestry members
Costs of £9,440 were paid to the Diocese as our share of the Stipend costs.
None of the Vestry members receive any remuneration or expenses relating to their
position as Vestry members.
7. Restricted Funds
2024
2023
Repairs Fund
Heating Fund
13,000
4,000
17,000
13,000
,,4,000
17,000
10