CHARITY REFERENCE NUMBER- SC023277 ST KIARAN EPISCOPAL CHURCH CAMPBELTOWN ACCOUNTS FOR THE YEAR ENDING 30TH SEPTEMBER 2024 ST KIARAN EPI PA CHURCH CHARITY REFERENCE NUMBER- SC023277 CHARITY TRIISTF.F.S- Memher% ofthe Vesin, BAP4 KF.RS Virgin Money 19 Longrow Caiiipbelivwii PA?8 6ES CHURCH ADDRESS I l Argyll Strcct CampbeltOWT) PA?8 6AY ST KIARAN EPISCOPAL CHURCH REPORT OF THE VESTRY YEAR ENDED 30 SEwfEMBER 2024 The meinbers of the Vestry present Ih¢ir annual rcport together with the financial ststements for the year ¢nd¢d 30 Sept¢mb¢r 2024 Strueture Governance In tem)s of the Charities and Trustee Investment (Scotland) Act 2005 and th¢ Charities Accounts. {SLOtland) Regulatioi)s 2006, the Vestry rewrts to Ihe congregation as follows. l. St Kiardn Episcopal Church. Campbeltown is a registered Scottish Charity (SC023277). 2. It is a member of Ihe Dioccsc of Argyll & The Isles of the Scottish EpI￿0paI Church and is part of the Worldwide Anglican Communion. 3. The superior authority is the Bishop of Argyll & I'he Isles 4. All of its affairs are governed by the Vesty. Appointment of Vestry Member& V¢%try members are elected at the Annual Meeting established by Constitution and under Canon Law of the Scottish Episcopal Chur¢h. There is no fomial induction progratntne but ongoing guidance is given to ensure thai Vestry members are familiar wilh the Church's values, aims and responsibilities L8 the d¢signat¢d trust¢¢s of a charity- Admtni$lrative Structure It is th¢ duty of the Vestry to manage the temporal affairs of the congregation with r¢8ponsibility to keep the fabric and propeity of the church and other buildings in good working ord¢r and to Ii)ok after the finances of the ehurlh. Statement of Risk Thc Vestry keeps under review the major risks to which the Church is cxposed and has estsblished procedures to mitiga1¢ any risks identified. Chgritable Objectives and Activities The Church's principal activities include publiL Wotship in sacrament and prayer, Christian education, charitablc work and fund raising for local, national and international n¢¢ds, and social meetiiigs of coinmunity groups of all ages. Volunteers The Vestry is grnt¢ful for the time frKly given by mcmbcrs of the Congregation in maintaining the life and the work of th¢ Church. The Vestry extends particular ihanks to the Members of the Ministry l¢ain. 'I'hc Vestry also wislics to record thanks to the retir¢d Pri¢sts in the con¥rcgation for their assistance iii mainlaining regyular sa¢ramentsl worship. 'Ministry Team Members of the Ministry Team are each licensed by the Bishop. Currently the Team comprises a Retired Pries¢ a Non-stipendary PriesL a Lay Reader and two Lay Leaders. Achievements and perforniance The Cliurch continues to make its facilities available for use and provide5 worship for the whole coinmunity. ST KIARAN EPISCOPAL CHURCII REPORT OF THE VESTRY Continued Finaneial Revie A dcficit of £12,303 was madc durills th¢ ycar undcr rcvicw compared with a surplus of £16.711 sn the previous year. The value of th¢ Ghll￿h,S invcstmcnts at the year end was £0 (2023 £11,701) with £16,351 rcalised during tli¢ Y¢ar. Invcstsiicnt incorne was £0 (20?3 £5)41. Plans for future perifpds Tl)¢ Veslry will LUiititlUV ils ran¥¢ of p￿￿¢1]1 aulivilies in the foreseeable future. Reserves Tli¢ PoliLy ufthe V¢5try is to maintain suificieni reserves tt) ensurc ihc continulltion of regular public wc)r51IipJ to Inetl the spiriiual n¢xds of the conwgation, and to maintain the Church and its LOllten(s iii Luiidilion. Statement of the V&slry Member's Responsibilities The members of ihe Vestry must prepare financial statements which give sufficient detail to enable an appreciaiion of the transactions of the Church during the financial year. The meillbers of the Vestry. are ￿spOnSible for keeping proper accounting ￿ordS which. on request, must reflect the cuffeni financial position of the Church at thai lime. This must be done to ensure ihat th¢ financial staiements comply with the Charities and Trusiee Ini'estment (bcolland) A¢t 2UU5 and the Charilies Accounts (Scotlandl Regulations 20(Tr6. 1.hey are also responsible lor sateguarding the assets ot'the Church and must take rcasoiiable.steps tor ihe prevention andlor deteetiotE 0t-tra￿d and oth¢r irregul&rities. On behalf of the Vestrv Secretary and Treasurer INDF,PF.liDENT EXAMINF.R'S RF,PORT TO THF. VF.STRY OF ST KIAIiATr* F.PISCOPAL CHURCH FOR THF. FINANCIAL YEAR TO 30 SF.PTEMBER 2024 report on tlie accouiits of the charity for tlie year ended 10 Septeinher 20?4 Respeetive responsibilities of ￿e￿Iry Members and exgminer The Church's Vestry members are re%pon8ible fDr the preparalion of the accoiints in accordaiice iwith the tenlls ilie Charitie% and Triiqtee liiN'e%iiMent (knoilatid) Act 200) c1nd Charities A¢coiiiits (%cntlandl Regiilaliniis 2(b06. Tlie CliiirLh's members of tlle Vestry consider ilial the audit reqiiireinent nf RegTiilalion l O(1 ) (dl of ihe Accounts Regulaiions docs not appl). It is m). respaJ)qihility lo eyamine the accounts as ￿qUIred under section 44(1) (cl of the Act and to state whether particiilar mattets have come to my attention. Ila$i$ (Jf indepeBdenl examiner's stgt¢meDt My examinatinn is carried out in ￿￿ordanCe m.ith Regulation I l of the Charities AccoiEnts {SeotlxiTrd) Regulations 2006. An examination includcs a rol'le￿. of the a¢¢ountlll8 records kept by the eharity and a comparison ot the aceoui)t5 presented with tlio£e records. It al%0 ii)cliides consideration of anj ￿nusual items or disclosurLS in th¢ accounts, and seeks explanations froin the Trustees concernLtI8 SLL¢h niaiiers. The procediires undertaken do not provide all tlie evidence thut would be required in an audit. and consequently I do not express an audit opinion on the view given by the aecounts. Independent exarniner's s¢atemeDt In ihe course of m)" examination: no matt¢r has ¢om¢ lo my &ttcntion which givcs mc rctL80nabl¢ causc to bclicve that in aiiy inal¢Tial r¢spKI tli¢ rquii"¢iii¢iit5.' to kc¥p accouiitiiig r¢coJ'ds in aLLord