The Church of Scotland The Isla Parishes Receipts and Payments Account for the year ended 31 December 2024 Congregation No: 301813 Charity No: SC 031461 The Isla Parishes Trustees, Annual Report and Accounts for the year ended 31$¢ December 2024 Charlty Name The Isla Parishes Charlty Regigtration Number SC 031461 Congregation Registration Number 101813 Contact Address Trusteej I'rustees who served durin8 the year up to the date of signing the accounts were as follows: B#nkers Bank of Scotland 72 West High Street Forfar DD8 IBJ Tbe lyla Parishes Trustees. Annual Report and Accounts 20?4 continued Structure Governance and Management Goi'erning DocuRneDt The Church is adininist¢red in aceordance witli tlie ternis of the Unitsry Deed of Coiistitution, with its Kirk Sessioii and two sii&Lommittee5.' Fabric. Propert). & Finance, and Social & Fundraising. Also ap￿inted is a SafegLiarding Officer. Recruitment and Appointment of Tru8tees Members of the Kirk Sesiion are the ch8ritN' trustees. The Kirk Session meinbers ar¢ the elders of the Church ai)d chosen froin those menibers of the congregation who ar¢ considered io haN'e the appropriate gifts and skills. The minis(er, who is a meinber of th¢ Kirk Session. is elect￿ b￿. Ihe ¥ongr¢galioii and induct¥d by Pr¢sbyt¢ry. Meinbers of the congregatlOl1 8rc in￿lted to join the sub-coiiiinitt¢¢s to use their skills and comiiiitm¢nt io contribute io tlie affairs of the cliurch. Organis￿tiOnal Strn¢tur¢ During tlie year. tli¢ Kirk S¢ssioii ivas coinposed of thirteen aetiie elders responsible for spirirual aftairs ivithin the Cliurch and met six tiines. The sub-committees Inet as and when required. Certain resw)n5ibilities we dele￿ated lo the Finanie & Fabric Commitiee as appropriate. l)tslds the non-siipendiary post of Parish Assistant within the Isla Parishes. 01)jeit1￿.e5 and Activities l Achievements and Performance Tl)e Church of Scotland is Trii)ilarian in doctrine, Refornied in tradition and Presbj'terian in polity, It exisis to glorify. God and to work fur the advancement of Cl)risl'S Kingdom throughout the world. As a Iiaiioiial Cl)LifLh, it ackiiowledges a disfiiictifve call and dLlIN' to bring the ordiiiances of reli8ioii io ihe peopl¢ in ¢i'er!' parish of Scotlaiid through a territorial ministry. It co-operates willi oilier chiirches in varioiis ¢¢um¢ni¢al bodies in SLOtIAnd and b¢)'oiid. The 151a Purish¢s is Ilie onlN' place of worsliip in the exteiided parisli. which covers Ilie l)istorical parisl)es of Airlie. (ilenisla. Kilry. Kingoldrum, Lintratlien and Ruihi'L'n. The cortgregation 15 part of tl)e West Aiigus Area Ministry {WAAMI, a clusler of ChurL'h of Scotlaiid con8re8Jiions witl)iii ihe Presb)'iery of Aiigus. The miiiister of The Isla Parislies is appoinied on a shared basis; 600/0 fur the parish and 40% for WAAM. Oiitreael) iiito our coi1)ittuI)ily l)as taken Ilie forni of a Renieiiibraiice Evening Service in Glenisla and a Cl)ristnias 'Carols aiid Canapes iii RLltI)veii. both of these beiiig held in our previous church buildings. Opportunities lo conne¢t with our lo¢al primary scliools hai'e con£inued w'ith Isla Primary coming to Kilry Kirk for their end-of-terni Summer and Christinas Services. Airlie Primary held similar ¢vei)ts in Iheir bchool hall. The mii)isler visits io iakL school asscmblies. The strong L'onneclion iviih Kilry Village Hall has coi)linued with the church building used io provide additional accommodation for the Kilry Sumnier Fa>Ye. The minister is Vice Chair of the Hall Management Cominillee. I'l)e Kirk Session h85 contiiiued to administer the financial and fabric affairs of ihe congregation. Meetin8S beii)g held in prii'ate liomes and the Manse dining room. Along i¥'iih every other Chuwh of Sioiland parish and congregatioi). The Isla Parishes has been en8a8ed in the pr¢x¢ss of Pr¢sbyterv Mission Planning. The Kirk Session plajs ai) active part in the life and N'ork of the new. enlar¥ed Perth Presbylet!. with Ilie Minisler l￿d Presbytery Elder 8tiendii)g m¢eiings in person and on Zooni. The siron8 ¢ore of The Isla Parishes has display¢d a resilieiice and 8 faiihful confidence in God whicli has enabled the congregation to look to the future with eonfidence and hope. Fundraising The Fundraising Committee or¥ftnis¢d ii¥o very w'ell supported events durii?g the year. The Flower Fe5tiN'al in Ma>, resulted in ihe church being am'ash with colour. infused w'ith bealltiful scen15 and very bus). wilh visitors. Stalls selling plants. honie baking and crafl items: 108eiher with voluntary doi)ations, rai8ed a substantial amouni for Church funds. With deli¢i011s food. coiii'ivial company and excellent entertainment the Candlelit Dinner. lield in December, ￿'aS another social #nd financial success. The Committee were &l%o responsible for en¢oura¥ing donations via a Smartie Tube iiiitiatii'e ￿.hICh resulted in a welcom¢ boosi to the churcl) s income. The Isla Parishes Tru5te¢s' Annual R¢port and A¢¢ounts ?024 ¢onlinu¢d Financial Review The principal source of income is from member offerings given throU￿h staiiding order, bank transfer, Weekly Freewill Offering. open plate and 01)e-off donations. • In ?024 (20231 Ihere ￿'cre 22117) regisiered Gift Aid donors who made donations during the vear and 18 (20) donors using direct bank transfer: sotlle on an irregular b&sis. Donalions ￿}d re¢lainied i(LX amoui)ted to £18,776 120?3 £16.757) &ii increase of £?,009 011 the previous }'¢8r. Ii)cluded iii this ainount is £415 lax reclaimed allocated to the restri¢Ted Benei'olenl Fund. The restri¥l¢d '"Benei'olenl Fund, wa5 established lo faciliiale special collections for charity and the subsequent distribution of tl)ese funds. The conversion of ihe i¢stry into loil¢t and kitch¢n¢tte facilities during 2024 Qost £18.871 and the unplanned r¢placement of the manse oil tank cost £3.153. Reserves Policy It is the Trustees, policy to hold reserves in desigrkated savings funds. Th¢s¢ may be a mixture of cash deposi(S and investments and ar¢ held by ourselves or b! ilie Churlli of Scotland General I'ruslees on our behalf. Some of these maj. hai'¢ r¢stri¢l¢d uses aiid more details are ¢oniained in th¢ i)ot¢s lo Ihe accounts, Fabric Report During 2024 Regular maintenance and insp¢¢tions were Ca￿led oul iii¢ludin8 roof5. sewage system. mans¢ boiler, fire exlin8uisherg. upkeep of grounds and hcd8es ¢tc. Alterations to the vestry io provide toilet and kit¢hen fa¢ilities weff compl¢t¢d durin8 the ye8r. Uiiexpected damage lo tl)e manse's oil tank resulted in a new base and tank being installed. Statement of Trustees, Responsibilities l-lie Inenibers of the Kirk Session niust prepare financial statements wliicli give sufficieiit detail to enable an AppreLiation of the (ran5action5 of the Church durin¥ the fii)an¢ial year. The members of the Kirk Sessiun are respoiisible for keeping proper accounting records which. on requesL niust reflea the Iinancial positioii of th¢ Church 81 that lime. This musl be done to ¢nsur¢ that lh¢ finan¢ial Slal¢menis Comply w'iih th¢ Charities and Tr￿￿ee Investinent (ScoilAndl Act 2005. the Cl)arities Accounis (Scotlaiid) Regulations 20Q6 (as amended) and the Re¥ulatioi)s Anent Con8re¥ationg1 Finance approved bv th¢ G¢neral Assembly of the Church of Scotland in 2007. They are also responsible lor saf¢8uardin8 the assets of th¢ Churcli wid musl take re&sonable 5tep5 for the prevention andlor deteclinn of fraud aiid other irregularities. Approved by the Trustees and signed on their behalf on I S, June 2025. The Isla Parishes SC031461 Independent Examiner's Report to the Trustees of The Tsla Parishes I reporr on the aecounts of the clwiry for the year ended 3 1st December 2024 which are set out on poges 3 to 9. Respective responsibilitie5 of trustees and ex&mlner The ¢harity'S InJ5tees art responsible for the preparntion of the a¢¢ounts in ac¢ord3nce with the tem15 of the Charities and Trustee Investment (Scotlandl Act ?005 ("th¢ 2005 A¢t ) and the Charities A¢eounts (Scotland) Regulations 2006 (a5 amended) ("the 2006 regulations"). Th¢ ¢harity's trust¢es eonsider that the audit r¢quirement of Regulation 10(] ) (d) of the Accounts Regulaiions does not apply. It 15 my re5pon5ibility to examine the a¢counts as r¢quir¢d under section 44 {1 ) Ic) of the 2005 Act and to slate whether particular matters have Come to my attention. Basis of independent ¢xamlner's statement My exurnination 15 Ca￿led out in accordance with Regulation I l of th¢ 2006 re8ulation5. An examination includ¢5 review of the accounting records kept by ihe ¢hariry and a compfiriwn of the accounts presented with thos¢ records. It 81s0 includes consideration of any unusual iiems or di5c105ures in the a¢¢ounrs, and s¢eks explanatlons from the tr￿leeS concernin8 any such man¢rs. The procedures undertaken do not provide all the evidence thai would be requir￿ in on gudii. and ¢onsequenily I not ¢xpress an audit opinion on the view given by the accounts. IDdep¢ndent ex4miner'$ Jtatement ITr ¢onneciion with my examination. no matter bas come to rny attention which 8ives me reasonable cAuse lo believe Ihal in any material re5ped the reguirements.. to keep &e¢ounting records in accordance with Section 44(1) la) of the 2005 A¢t and Regulalion 4 of the 2006 Accounis Re8ulations, and to prepare accounis which ￿Cord with the 8ccounting records and comply with Re8ulation 9 of the 2006 A¢¢ouot5 Regul£tion5 hav¢ not been met, or to whicty in my opinion, attention should be drnwn in order io enable a prop¢r underst4ndlTh8 of the a¢¢ounts to be reached. The Isla Parishes Receipts and Pa>menls Aecount Year ended 31st December 2024 Unrestricled Restri¢ted Funds Funds TotAI Tot41 2024 2024 2024 2023 Receipts Donations Bank & Deposit interest Investmeni iiicome Life and Work income Weddings and Funerals Special collectionsl Benevolent Fund Other incom¢ Legacies Grants Nnte 18.776 3,403 3.889 415 19,191 3,403 3,889 16,757 2,?94 3,439 100 100 1,498 1.601 1.498 1.245 75 1,601 27.769 1,913 29,68? 23,810 Fiindraising income 2,040 2,040 Amounts relettsed b> General Trustees 34,362 Total Reee5pts 29,809 1.913 31,7?? 58.172 Payments Costs ot-Bener8ting funds Charitable activilie5 511 38.063 1.655 39,718 150 36.178 Governance cos(s 150 150 Total Pydyments 38,724 1.655 40.379 36.328 Excess (Defieli) of Reeelpts over Payments for tlie ￿tar b¢fore transfers (8.915) 258 (8,6571 21,844 Trnnsferg Excess of Receipts over Pa>ment$ (8.915) 158 18.657 21,844 The Isla Parisbes Statement of Balances as at 31st December 2024 Unrestrieled Restricted Note Funds Funds Tolal Total 2024 2024 2024 2023 Bank & De 051t B41anees Bank & deposit balances brought torward 107,855 2.347 I10.?02 88,358 Movement in year: EKce55 {Shortfalll ot Re¢¢ipts over Pa)Ynent5 (8,9151 258 {8,6571 21,844 Bank & d¢posit balances carried forward 98,940 2.605 101.545 110.20? Investments at M4rk¢t Value (cost £34.?36) 149.579 149.579 135.109 sset Gift Aid Receivable 2.799 ?24 3,023 1,046 Liabilities Electriciry Independent Examinerfs fee 1,900 1.900 Iba 150 The ac¢ouftis were approved by the Kirk S¢5sion on 15th June 2025. The Isla Parisbes Notes to the 2024 Aecounts l. Trustee Remuneration and Related Party Transactions During (he year, the following pavments were made to tnislees.. Minister £3,379 Counci l TaxrrraN'eirf¢lephone I v vu] Orher Siaff c0515- Organisi Fabric repairs & maintenance Council T&¥ and watcr chargLS Heal 8nd lighi Insurance Cleaning Hire of Premises Donarions Organ maintenance General expenses Outreach e¥p¢ns¢s Books. Bibles and Leaflffls Life and Work expenditure Defibrillator fund L?xpenditure Special collections for third parties Upkeep ofNicol and He> ¥rdVLS Cgmpul¢r Admin cos 4,581 526 1,075 775 261 345 24.008 4.581 10,093 604 1,3.$9 678 ?67 445 14,472 1.194 1.005 1,517 307 1,075 775 261 345 24.008 1,5iO 1..$66 563 1,566 563 337 337 436 850 174 84 275 84 ?75 1,655 1,655 1,445 1.036 1,036 1.048 38.063 1.655 39.718 36.178 GoTrernance COlit5 IndepLndeni ¢xaniiner's fees 150 150 150 TOTAL PA YMEIYTS S. Mlnlsier'j Stipend All Chur¢li of S¢o¢land COn￿egatIOnS contribute to the National Stipend Fund which bear5 Ihe cosis of all Mini¥ters' stipend5 and emplvi'er's ¢ontriby¢ion5 for nation81 insuran¢¢, p¢nsion and housing and loan fund. MinisieT8' %lipends ar¢ paid in ac¢ord4nc¢ with the naiional Siipcnd scale, which is relaied io yc8rs of scrvice. For the vear under review, the minimum siipend was £31:642 and the maNimum sripend lin rhe fifth and 5ub$equeni years of setvicel was £38.884. 6. Collectlon8 for Third Partie8 2024 2023 T8>side 'fherapy Centre SCAA %t Fraftci5 Hospital David Nott Foundation TcarFund Poppv Scoiland Blythswood 485 485 ?35 350 214 213 213 565 40 50 50 The Isla Pllrishe5 Appendix I Fu￿Ds HELD ON BEHALF OF THE CONGREGATION BY THE CHLIRCH OF SCOTLAND GENERAL TRii.STEES CONSOLIDATED FABRtC ACCOUWts 2024 2023 Consolidated Fabt4¢ Fund - Capltal (56) Credit balanc¢ as at 3 Ist December Cost 55,851 55.851 Market Value 69,760 67.684 Invesied in: Deposit Fund £36.017 Gr0￿h Fund 3597 units cost £3.17 IncomL trund 976 units cosi £8.64 Consolldaled Fabrle Fund - Revenue {50) Credit balance as 8t 31 Decern￿r 1.461