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2024-12-31-accounts

Docusign Envelope ID: DB0B2352-872B-4487-8D70-68F26560AA5A

Scottish Charity Number: SC035087 Congregational Number: 030225

Newbattle Parish Church Church of Scotland

Trustees’ Report and Financial Statements For the year ended 31 December 2024

Accrued (2019 SORP compliant accounts)

Docusign Envelope ID: DB0B2352-872B-4487-8D70-68F26560AA5A

Newbattle Parish Church of Scotland

Contents of the Financial Statements for the year ended 31 December 2024

Page
Trustees’ Annual Report 1 - 6
Independent Auditor’s Report to the Trustees 7 -10
Statement of the Financial Activities 11
Balance Sheet 12
Statement of Cash Flows 13
Notes to the Financial Statements 14 - 23
Appendix 24

Docusign Envelope ID: DB0B2352-872B-4487-8D70-68F26560AA5A

Newbattle Parish Church of Scotland

Trustees’ Annual Report for the year ended 31 December 2024

The trustees present their annual report and financial statements of the charity for the year ended 31 December 2024. The financial statements have been prepared in accordance with the accounting policies set out on page 14 of the accounts and comply with the General Assembly Regulations for Congregational Finance, the Charities and Trustee Investment (Scotland ) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019.

Objectives and Activities

The Church of Scotland is Trinitarian in doctrine, Reformed in tradition and Presbyterian in policy. It exists to glorify God and to work for the advancement of Christ’s Kingdom throughout the world. As a national Church, it acknowledges a distinctive call and duty to bring the ordinances of religion to the people in every parish of Scotland through a territorial ministry. It co-operates with other Churches in various ecumenical bodies in Scotland and beyond.

We provide a weekly Sunday morning service at 11am every week. Our operational base for worship, prayer, bible study and fellowship are at our Mayfield and Easthouses site only whilst the church at Newtongrange is being redeveloped and now that the church at Newbattle is sold. Our community café runs every Wednesday in this building with a New2U Shop, contributing to alleviating poverty and encouraging the recycling of clothing, alongside this. Special events and services were held in 2024 for Easter, Harvest, Remembrance and Christmas with a parade in Newtongrange for Remembrance Sunday followed by a service in the Masonic Hall. A Remembrance Service was also held at the Easthouses War Memorial. In preparation for the union with St Nicholas Buccleuch Parish regular joint services have taken place, alternating between St Nicholas Buccleuch and Mayfield and Easthouses churches.

The use of our buildings for groups meeting or letting our halls recovered well post pandemic, however, has recently been scaled back due to the impending sale of both Kirkbank and the hall at Mayfield and Easthouses. Our outreach to the wider community through non church groups includes partnership with the Midlothian Trussell Trust Foodbank and links with the Newbattle High School Nurture Group, the Y2K youth project and the Scouts. The church is also the focal point for the annual Christmas Switch on events in Mayfield and Newtongrange and a Christmas Eve service at 6.30pm in the church which attracted people who do not come on a Sunday morning. Throughout the year, the church continued to be the venue for a number of baptisms and funerals for non-church members in the community conducted by the Transition Minister, and during the current vacancy, by the Interim Moderator and by the Congregational Support Worker.

Our continued commitment to working with our local communities, addressing the vast scale of deprivation in the parish is manifested in the New2U Shop, Newbattle Food Initiative and supporting the Trussell Trust with distribution of vouchers prior to school holidays. The Newbattle Food Initiative is involved in creative and supportive initiatives that help people budget and choose their own food rather than becoming dependent on foodbanks. We work with the Development Trusts in Mayfield and Easthouses and in Newtongrange with their Pantry schemes donating food and referring people as appropriate. The after-school club, The JAM Club for primary school children, now in its third year, has grown in numbers and meets once a fortnight. This group provides Sunday school level Christian education and concludes with a dinner meal. A Friendship lunch with hot soup for some of our older people began in December 2021 as part of the Food Initiative this group continues with an average of 16 people attending each month. In 2023 the church became a warm bank and extended the lunch into an afternoon activity to help people be in a warm space for longer and this has continued to be needed with the ongoing cost of living crisis.

Page 1

Docusign Envelope ID: DB0B2352-872B-4487-8D70-68F26560AA5A

Newbattle Parish Church of Scotland

Trustees’ Annual Report for the year ended 31 December 2024

Achievements and Performance

Following the appointment of a Transition Minister (TM) in September 2019, in January 2020 the TM carried out an exercise to make sure everyone was clear in their understanding of the purpose of the Transition Ministry. This session set out our road map for the future and in spite of the pandemic it has been accurate in terms of where we needed to put our energy. The framework for transition is largely based on the Presbytery review of 2016 which picked up on 4 areas that needed radical change and attention.

  1. Buildings

  2. Governance

  3. Worship pattern

  4. Ministry team

These areas, agreed by the National Transition Support Group in November 2020 and set out to the Ministry Team, Kirk Session and congregation, are identified as the “4 markers of Transition”. Having these 4 markers is very helpful, strategically, to keep an eye on the agenda for change. Notwithstanding the impact of the pandemic and the lack of contact and interaction caused by restrictions and lockdowns in the previous years, a great deal of work has been carried to move the congregation forward in all 4 areas. Following the end of the Transition Ministry in June 2024 the trustees continue to follow this path and are working closely with the trustees of St Nicholas Buccleuch Parish Church towards a smooth transition to becoming one parish.

Ministry team:

Following the completion of the Transition Ministry an Interim Moderator was appointed to moderate kirk session meetings and to support the congregation through the vacancy process leading to the eventual appointment of a new Minister. The recruitment process is continuing. Through MDS (Ministry Development Staff) funding from the National Church a new Congregational Support worker was recruited in October 2023 on a fixed term, part time contract for 12 months to help conclude the transition ministry work by supporting the minister and congregation. The initial contract was extended, and it is hoped for a further extension to support the congregation in the vacancy. The recruitment of a Congregational Development Worker is planned.

Buildings:

Newtongrange: Under the direction of the Development Manager, Transition Minister and Kirk Session, we look forward to the completion of the redevelopment project. The installation of solar panels has been completed in accordance with the church’s green agenda. Grant applications were submitted for the funding gap left after the sale of our capital assets.

The proceeds of the Newbattle church sale and the sale of land to the rear of Newtongrange Church went towards the redevelopment work at Newtongrange Church.

Kirkbank Centre: We are now in the process of selling the Kirkbank hall to the rear of Newbattle Church.

Mayfield and Easthouses: The Church has been the congregation’s main centre of operations since the first lockdown in 2020. This building is well used.

Preparations are being undertaken in connection with the planned sale of the hall at Mayfield and Easthouses.

Our Property Group has worked hard to regularly inspect and maintain our buildings, keeping expenditure low.

Manse: The Newbattle manse has not been occupied by a minister for several years as it was not required by the Transition Minister or the previous minister and was occupied by tenants. The building does not comply with the standard required for Church of Scotland manses and would be expensive to upgrade. Accordingly, the manse owned by St Nicholas Buccleuch Congregation will become the manse for the united parish. Approval of Lothian and Borders Presbytery and the General Trustees has been given to sell the manse and steps have begun to arrange the sale through the legal department of the Church of Scotland.

Page 2

Docusign Envelope ID: DB0B2352-872B-4487-8D70-68F26560AA5A

Newbattle Parish Church of Scotland

Trustees’ Annual Report for the year ended 31 December 2024

Achievements and Performance (continued) Governance:

During 2020 the Kirk Session, the Board of Trustees of the charity, transitioned to a new working structure. The Unitary Constitution was adopted in February 2020 and the Kirk Session members are the trustees. OSCR requirements and other responsibilities of trustees are reviewed annually with any changes to the membership of the Kirk Session recorded. The Kirk Session involves active elders and all office bearers are allocated and involved in our 5 standing working groups (Property, Finance, Staffing, Intergenerational, Hospitality and Partnerships). All elders are responsible for Pastoral Care, Communication and Administration and legal requirements of the church as a charity but there are ad hoc teams of people involved in particular discussions and arrangements.

Newtongrange Development Trust and Mayfield “In it Together” Group:

In both Mayfield and Newtongrange, Masterplans have been produced in the last 10 years to look at town/village centre regeneration. In Mayfield this has been led by the “In It Together Group” (a group of community organisations which includes the church.) and in Newtongrange by Midlothian Council. The church is at the middle of both these centres. The Newtongrange Development Trust has grown and the church has kept abreast of their work and linked in with them about the redevelopment of the church building at the heart of the village. Having a presence on the NDT afforded the opportunity to build good relationships and trust with people from the Community Council, local charities and organisations at a time when there has been no building.

Schools:

The TM was Chaplain to Newbattle High School and Lawfield, Mayfield and Newtongrange primaries. This involved regular assemblies and services in the church where appropriate for Christmas, Easter, Harvest and Remembrance. It also involved pastoral support to both staff and pupils individually and in groups such as the school choirs and the Seasons for Growth bereavement and loss programme. Our links with school families continues with our JAM Club, our Food Initiative and our New2U shop where families are referred and find support. We have also built good relationships with the Home School Practitioners in each school who use the church space for meetings. When our new minister is appointed, we expect these links to continue and strengthen.

Financial Review

The financial statements for the year are set out on pages 11 to 23. The Statement of Financial Activities on page 11 reflects a decrease in funds of £65,855 (2023: decrease of £3,855). The church held total reserves at 31 December 2024 of £69,444 (2023: £135,299) which was made up of an unrestricted general fund amounting to £38,498 (2023: £39,222), restricted funds amounting to £12,489 in deficit (2023: £56,387 in surplus) and endowment funds amounting to £43,435 (2023: £39,690).

Core Church activities

Almost 72% of general church income comes from donations from our members. Sunday morning income and standing orders increased during the year by 1.2%.

Our rental income has decreased by 10%, reflecting lower use of the Mayfield hall during the year.

Expenditure on utility bills, repair costs and insurance premiums is less than the previous year as the Newtongrange building was closed for refurbishment.

We have £2,232 left of Coronavirus grants received in 2020 and are using these to pay for COVID-related expenditure and online resources.

Newtongrange Development Project/Fund in Deficit

Expenses in relation to the Newtongrange Development project were met by the withdrawal of £437,976 (2023: £37,882) from funds held by General Trustees, £60,000 (2023: £nil) grants from the General Trustees, and £206,954 (2023: £nil) grants from external funders and a loan of £95,000 (2023: £nil) from Church of Scotland General Trustees.

Page 3

Docusign Envelope ID: DB0B2352-872B-4487-8D70-68F26560AA5A

Newbattle Parish Church of Scotland

Trustees’ Annual Report for the year ended 31 December 2024

Newtongrange Development Project/Fund in Deficit (continued)

Due to the timing of the ongoing project expenditure and income the project fund shows a deficit of £87,281 at the year end. This includes the £95,000 loan shown as a creditor. The loan is to repaid by October 2026 without interest. The trustees are confident the loan will be repaid from the sale of the Newbattle Manse in 2025 and the restructure of the accounts following the union with St Nicholas Buccleuch parish.

Fund Transfers

No money has been transferred between existing funds during the year.

Reserves Policy

The charity trustees have considered the reserves required and have taken into account their current and future liabilities. It is the Trustees’ policy to hold reserves of approximately four months’ expenditure. At the year end the church held unrestricted funds of £38,498 (2023: £39,222) which represents about seven months (2023: eight months) of expenditure.

The church also had a deficit in restricted funds amounting to £12,489 (2023: £56,387 in surplus) which have been provided for the purposes specified in Note 15.

Risk Management

Newbattle Parish undertakes a number of steps to minimise risks:

Structure, Governance and Management

The congregation is a registered charity, number SC035087 and with effect from 13 March 2020 is administered in accordance with the terms of the Unitary Constitution. Prior to this the Model Deed of Constitution applied. Both constitutions are subject to the Acts and Regulation of the General Assembly of the Church of Scotland.

Between 1 January and 12 March 2020, members of the Kirk Session and the Congregational Board were the charity trustees. Since 13 March 2020, members of the Kirk Session are the charity trustees, The Kirk Session member are the elders of the church and are chosen from those members of the church who are considered to have the appropriate gifts and skills. The Transition Minister, was a member and Moderator of the Kirk Session. The Interim Moderator has taken on these responsibilities during the current vacancy. Certain responsibilities are delegated to working groups as previously mentioned. The Kirk Session which normally meets eleven times a year is responsible for spiritual and temporal affairs within the church.

Future Plans

The following is planned at Newbattle Parish:

Page 4

Docusign Envelope ID: DB0B2352-872B-4487-8D70-68F26560AA5A

Newbattle Parish Church of Scotland

Trustees’ Annual Report for the year ended 31 December 2024

Future Plans (continued)

Reference and Administrative Information Trustees: Kirk Session

Principle Office Bearers

Transition Minister Interim Moderator Session Clerk Treasurer Finance Convenor

Reference and Administrative Information (continued)

Principle Office

Newbattle Parish Church Bogwood Road Mayfield Dalkeith EH22 5DG

Scottish Charity Number SC035087

Bankers

Bank of Scotland (General and Newtongrange Development Accounts) 47 High Street Dalkeith Midlothian EH22 1JA

Trustees’ Responsibilities in Relation to the Financial Statements

The Charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in Scotland requires the charity trustees to prepare financial statements for each year which show a true and fair view of the state of affairs of the charity and the incoming resources and application of resources of the charity for that period. In preparing the financial statements, the trustees are required to:

Page 5

Docusign Envelope ID: DB0B2352-872B-4487-8D70-68F26560AA5A

Newbattle Parish Church of Scotland

Trustees’ Annual Report for the year ended 31 December 2024

Trustees’ Responsibilities in Relation to the Financial Statements (continued)

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities and Trustees investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the charity and financial information on the congregation’s website. Legislation on the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Approved by the Trustees and signed on their behalf,

Date: 25 April 2025

Date: 25 April 2025

Page 6

Docusign Envelope ID: DB0B2352-872B-4487-8D70-68F26560AA5A

Newbattle Parish Church of Scotland

Independent Auditor’s Report to the Trustees of Newbattle Parish Church of Scotland for the year ended 31 December 2024

Opinion

We have audited the financial statements of Newbattle Parish Church of Scotland (the ‘charity’) for the year ended 31 December 2024 which comprise of the Statement of Financial Activities, the Statement of Financial Position, the Statement of Cash Flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and the provisions available to small entities, in the circumstances set out in note 20 to the financial statements and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the trustees' annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

As the charity’s income was below the audit threshold in the prior year, comparative figures have not been audited.

Page 7

Docusign Envelope ID: DB0B2352-872B-4487-8D70-68F26560AA5A

Newbattle Parish Church of Scotland

Independent Auditor’s Report to the Trustees of Newbattle Parish Church of Scotland for the year ended 31 December 2024

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities Accounts (Scotland) Regulations 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement set out on pages 5-6, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Auditor responsibilities for the audit of the financial statements

We have been appointed as auditor under section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

The extent to which the audit was considered capable of detecting irregularities including fraud

Page 8

Docusign Envelope ID: DB0B2352-872B-4487-8D70-68F26560AA5A

Newbattle Parish Church of Scotland

Independent Auditor’s Report to the Trustees of Newbattle Parish Church of Scotland for the year ended 31 December 2024

The extent to which the audit was considered capable of detecting irregularities including fraud (cont’d) We assessed the susceptibility of the financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

Audit response to risks identified

To address the risk of fraud through management bias and override of controls, we:

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment for example through collusion, intentional misrepresentations, omission or forgery.

As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also:

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Page 9

Docusign Envelope ID: DB0B2352-872B-4487-8D70-68F26560AA5A

Newbattle Parish Church of Scotland

Independent Auditor’s Report to the Trustees of Newbattle Parish Church of Scotland for the year ended 31 December 2024

Use of our report

This report is made solely to the charity’s trustees, as a body, in accordance with Regulation 10 of the Charities Accounts (Scotland) Regulations 2006. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Senior Statutory Auditor

for and behalf of Innes & Partners Limited, Statutory Auditor

Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006. 9 Ardross Street Inverness IV3 5NN

Date: 25 April 2025

Page 10

Docusign Envelope ID: DB0B2352-872B-4487-8D70-68F26560AA5A

Newbattle Parish Church of Scotland

Statement of Financial Activities for the year ended 31 December 2024

Note
Income and endowments
Donations and legacies
2
Charitable activities
3
Investments
4
Other
5
Total Income
Expenditure on:
Charitable Activities
6
Total Expenditure
Net income/(expenditure)
before transfers
Transfers Between Funds
14, 15
Net gains/(losses) on
investments
7
Net Movement in Funds
Reconciliation of funds
Total Funds Brought Forward
Total Funds Carried Forward 14, 15, 16		 Unrestricted Restricted
Endowment
Total
Unrestricted Restricted
Endowment
Total
Funds
Funds
Funds
2024
Funds
Funds
Funds
2023
£
£
£
£
£
£
£
£
48,497
208,406
-
256,903
43,434
6,244
-
49,678
12,270
1,179
-
13,449
17,676
5,461
-
23,137
439
1,104
-
1,543
554
817
-
1,371
541
497,976
-
498,517
-
37,883
-
37,883
61,747
708,665
-
770,412
61,664
50,405
-
112,069
62,471
806,991
-
869,462
61,744
57,107
-
118,851
62,471
806,991
-
869,462
61,744
57,107
-
118,851
(724)
(98,326)
-
(99,050)
(80)
(6,702)
-
(6,782)
-
-
-
-
-
-
-
-
(724)
(98,326)
-
(99,050)
(80)
(6,702)
-
(6,782)
-
29,450
3,745
33,195
-
-
2,927
2,927
(724)
(68,876)
3,745
(65,855)
(80)
(6,702)
2,927
(3,855)
39,222
56,387
39,690
135,299
39,302
63,089
36,763
139,154
38,498
(12,489)
43,435
69,444
39,222
56,387
39,690
135,299

All income resources are derived from continuing activities.

The notes on pages 14 to 23 form part of these financial statements.

Page 11

Envw ID." DB[￿2￿52￿￿B44BT4D7o￿BF26ffiO￿SA Newbattle Parish Church of Scotland Balance Sheet as dt 31 Decensber ?0?4 Note UllTestricted Re5tTlfted ElldoTrTmellt Fmtsds Futsds Fuud5 TotAi 2024 TotAI 2023 Flxed Asset$ JnTr'estD]ents io 29.450 43.435 39.690 TotAI FixedA&sets 29,450 43,435 72.885 39.690 Cllrrèllt Asset$ tkbtotS li 693 38.933 33.309 46.981 34.002 566 96.373 39.626 80.290 119.916 96.939 LiAbilities Creditors fallin8 due withinone year Net Cun'ent Awt$ 12 1.128 27.229 28,357 1.330 3&498 91.559 95.609 Creditors fallins thie after one year 12 95.0(K) 95,000 Total Assèts lèss cui'ipnt IIAbllfitlos 34498 3&498 (12,489) (12,489) 69,444 69,444 135.299 TotAI l%Èt Assets 43,435 135.299 The funds of the rhaTitI: General fi￿d5 14 38.498 38.498 (12,489) 39222 Restricted 15 (12.489) 56.387 Endowjnent Fullds 16 43.435 39.690 Tot#1 rbaTih. fwids 3&498 (12.489) 43.435 69.444 135.299 The f￿￿￿1<la1 5talenients on pages l I to 23 wue approi.ed bythe Kirk Ses5ioll on 25 Apiil 2025 aad signed on their behalf by the Und￿nOted. The iiotes on pa8es 14 to 23 form part of tliese finalltial statemaits. Page 12

Docusign Envelope ID: DB0B2352-872B-4487-8D70-68F26560AA5A

Newbattle Parish Church of Scotland

Statement of Cash Flows for the year ended 31 December 2024

Note
Net cash provided by operating activities
19
Cash flows from investing activities:
Rental income received
Net cash used by investing activities
Cash flows from financing activities:
Investment income received
Loan received
Net cash used by investing activities
Change in cash and cash equivalents in the year
Cash and equivalents brought forward
Cash and cash equivalents carried forward		 Funds
2024
£
(114,051)
7,049
7,049
1,543
95,000
96,543
(10,459)
96,373
85,914		 Funds
2023
£
(17,822)
11,843
11,843
1,371
-
1,371
(4,608)
100,981
96,373

The notes on pages 14 to 23 form part of these financial statements.

Page 13

Docusign Envelope ID: DB0B2352-872B-4487-8D70-68F26560AA5A

Newbattle Parish Church of Scotland

Notes to the Financial Statements for the year ended 31 December 2024

1. Accounting Policies

The principal accounting policies, which have been applied consistently in the current and previous year in dealing with items which are considered material to the accounts, are set out below:

Basis of Preparation and Assessment of Going Concern

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended)and UK Generally Accepted Accounting Practice.

The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note to these accounts. The accounts are prepared on a going concern basis as the Trustees consider that there are no material uncertainties about the Church’s ability to continue as a going concern. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £1.

The Charity meets the definition of a public benefit entity under FRS 102.

Funds Structure

Funds are classified as either restricted funds or unrestricted funds, defined as follows:

Unrestricted funds are expendable at the discretion of the trustees in furtherance of the objects of the charity. If parts of the unrestricted funds are earmarked at the discretion of the trustees for a particular purpose, they are designated as a separate fund. This designation has an administrative purpose only and does not legally restrict the trustees; discretion to apply the fund.

Restricted funds are funds subject to specific requirements as to their use which may be declared by the donor or with their authority or created through legal processes, but still within the wider objects of the charity.

Endowment funds are funds which have been given on the condition that the original capital sum is not reduced, but the income there from is used for the purpose defined in accordance with the objects of the charity.

Income Recognition

All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.

For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.

No amount is included in the financial statements for volunteer time in line with the SORP. Further detail is given in Note 13.

For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received. At this point income is recognised. On occasion legacies will be notified to the charity however it is not possible to measure the amount expected to be distributed. On these occasions, the legacy is treated as a contingent asset and disclosed.

Page 14

Docusign Envelope ID: DB0B2352-872B-4487-8D70-68F26560AA5A

Newbattle Parish Church of Scotland

Notes to the Financial Statements for the year ended 31 December 2024

Income Recognition (continued)

Income from trading activities includes income earned from fundraising events and trading activities to raise funds for the charity. Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred.

Income from government and other grants are recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred.

Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Expenditure Recognition

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

Charitable Activities

The expenditure on charitable activities includes grants made, governance costs and support costs as shown in the notes.

Donated services and facilities

Donated professional services and donated facilities are recognized as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of the economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS102) the general volunteer time of congregation members is not recognised.

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised as expenditure in the period of receipt.

Cash and cash equivalents

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Fixed Asset Investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value with changes recognised in ‘net gains / (losses) on investments’ in the SoFA if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Taxation

The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.

Page 15

Docusign Envelope ID: DB0B2352-872B-4487-8D70-68F26560AA5A

Newbattle Parish Church of Scotland

Notes to the Financial Statements for the year ended 31 December 2024

Judgements and key sources of estimation uncertainty

In the application of the charity's accounting policies, the trustees are required to make judgements estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Page 16

Docusign Envelope ID: DB0B2352-872B-4487-8D70-68F26560AA5A

Newbattle Parish Church of Scotland

Notes to the financial statements for the year ended 31 December 2024

2 Donations and Legacies
Regular Offerings
One-off Donations
Tax Recovered
Grants
Endowment and Glebe
Grant Income comprised the following
Benefact Trust Grant for Handrail
McSense Food Inititative
Garfield Weston
Listed Places of Worship
Congregational & General Charitable Trus
Benefact Trust
3 Charitable activities - Income
Rental Income
Weddings and Funerals
Events and Activities
4 Investments Income
Fabric Fund
Potts Bequest
5 Other Income
Receipts from General Trustees
Grants from General Trustees		 Unrestricted
Restricted Endowment
Funds
Funds
Funds
£
£
£
38,329
952
-
760
500
-
7,040
-
-
-
206,954
-
2,368
-
-
Total
Unrestricted
Restricted Endowment

2024
Funds
Funds
Funds

£
£
£
£
39,281
32,170
4,924
-
1,260
1,170
140
-
7,040
6,951
380
-
206,954
-
800
-
2,368
3,143
-
-
Total

2023

£
37,094
1,310
7,331
800
3,143
48,497
208,406
-		 256,903
43,434
6,244
-		 49,678
t

Unrestricted
Restricted Endowment
Funds
Funds
Funds
£
£
£
7,049
-
-
500
-
-
4,721
1,179
-		 -
-
25,000
111,954
20,000
50,000
206,954

Total
Unrestricted
Restricted Endowment

2024
Funds
Funds
Funds

£
£
£
£
7,049
11,843
-
-
500
1,050
-
-
5,900
4,783
5,461
-		 750
50
-
-
-
-
800

Total

2023

£
11,843
1,050
10,244
12,270
1,179
-		 13,449
17,676
5,461
-		 23,137
Unrestricted
Restricted Endowment
Funds
Funds
Funds
£
£
£
439
185
-
-
919
-
Total
Unrestricted
Restricted Endowment

2024
Funds
Funds
Funds

£
£
£
£
624
554
-
-
919
-
817
-
Total

2023

£
554
817
439
1,104
-		 1,543
554
817
-		 1,371
Unrestricted
Restricted Endowment
Funds
Funds
Funds
£
£
£
541
437,976
-
-
60,000
-
Total
Unrestricted
Restricted Endowment

2024
Funds
Funds
Funds

£
£
£
£
438,517
-
37,883
-
60,000
-
-
-
Total

2023

£
37,883
-
541
497,976
-		 498,517
-
37,883
-		 37,883

Page 17

Docusign Envelope ID: DB0B2352-872B-4487-8D70-68F26560AA5A

Newbattle Parish Church of Scotland

Notes to the financial statements for the year ended 31 December 2024

Notes to the financial statementsfor the year ended 31 December 2024
6 Analysis of Expenditure
Ministry and Mission Allocation (note 21)
Minister's Expenses / Salary costs
Heat, light and utilities
Other staffing costs
Insurance
General Repairs and Maintenance
Church office expenses
Governance Costs
Pulpit Supply
Coronavirus Staffing Costs
Coronavirus Expenses
Storehouse / Newbattle Food Initiative
Newtongrange Development Project
Youth / Children's Activities
Other expenses		 Unrestricted
Restricted Endowment
Total Unrestricted
Restricted Endowment
Total
Funds
Funds
Funds
2024
Funds
Funds
Funds
2023
£
£
£
£
£
£
£
£

31,657
-
-
31,657
36,454
-
-
36,454
2,649
-
-
2,649
3,005
-
-
3,005
7,375
-
-
7,375
4,645
-
-
4,645
6,667
-
-
6,667
6,921
-
-
6,921
4,302
-
-
4,302
4,140
-
-
4,140
3,876
1,654
-
5,530
2,879
4,642
-
7,521
752
83
-
835
550
-
-
550
960
11,040
-
12,000
924
-
-
924
1,530
-
-
1,530
340
-
-
340
-
-
-
-
-
494
-
494
-
1,087
-
1,087
-
2,265
-
2,265
-
596
-
596
-
883
-
883
-
790,388
-
790,388
-
46,883
-
46,883
-
176
-
176
-
828
-
828
2,703
1,967
-
4,670
1,886
1,112
-
2,998
62,471
806,991
-
869,462
61,744
57,107
-
118,851

Support costs have not been separately identified as the trustees consider that there is only one charitable activity. Therefore support costs relate wholly to that activity and have not been separately identified.

Auditor's Remuneration

The auditor’s remuneration paid to Innes and Partners Limited amounted to an audit fee of £9,600 (2023: £nil) and accountancy services of £2,400 (2023: £924).


£924).
**7 ** Net Gain / Loss on Investments Unrestricted Restricted Endowment Total Unrestricted Restricted Endowment Total
Funds Funds Funds 2024 Funds Funds Funds 2023
£ £ £ £ £ £ £ £
Potts Bequest - - 3,745 3,745 - - 2,927 2,927
Fabric Growth Fund - 29,450 - 29,450 - - - -
- 29,450 3,745 33,195 - - 2,927 2,927
8 Staff Costs and Numbers
Gross Salaries
The average number of employees during the year was:
Premises
Finance		 Total
Total
2024
£
6,667
2023
£
6,396
6,667
6,396
2024
2023
2
2
1
1
3
3

Average number of full-time equivalent employees during the year was 2 (2023: 2).

No employee had employee benefits in excess of £60,000 (2023 nil).

Key management personnel are considered to be the ministers and interim moderator listed in the report of the trustees. Key management personnel received remuneration of £nil (2023: £nil) during the year.

All Church of Scotland congregations contribute to the National Stipend Fund which bears the costs of all ministers' stipends and employer's contributions for national insurance, pension and housing and loan fund. Ministers' stipends are paid in accordance with the national stipend scale, which is related to years of service. For the year under review the minimum stipend was £31,642 and the maximum stipend (in the fifth and subsequent years) £38,884.

Page 18

Docusign Envelope ID: DB0B2352-872B-4487-8D70-68F26560AA5A

Newbattle Parish Church of Scotland

Notes to the financial statements for the year ended 31 December 2024

9 Trustee Remuneration and related party transactions

During the year 1 Trustee received reimbursement of expenses incurred totalling £242 (2023: £282).

No Trustees received remuneration for their position as Trustees during the year (2023: nil).

During the year a total of £12,349 (2023: £12,380) was donated to the congregation by the Trustees.

10 Investments
Market Value at 1 January 2023
Unrealised gains/(losses) on Investments
Market Value at 31 December 2023
The following investments are held:
Potts Bequest
Fabric Growth Fund
Cost of Investments Held		 Total
Total
2024
£
39,690
2023
£
36,763
33,195
2,927
72,885
39,690
43,435
39,690
29,450
-
72,885
39,690
24,686
5,576

Note: The Fabric Growth Funds are held by the Church of Scotland General Trustees on behalf of Newbattle Parish Church of Scotland. For several years they have been included in an Appendix to the accounts but per Church of Scotland guidleines this is incorrect. They should be shown instead on the Church balance sheet. They have been inluded on the Church balance sheet.

11 Debtors
Unrestricted
Gift Aid debtor
Funds
£
693
HMRC VAT reclaim
-
693
12 Creditors
Due within one year
Unrestricted
Funds
£
Audit fee / Independent Examiner fee
960
HMRC
168
Retention fee
-
Agency Collections
-
1,128
Due after one year
Unrestricted
Funds
£
Interest on Loan from General Trustees
-
-		 Restricted Endowment
Total
Total
Funds
£
-
Funds
£
-
2024
£
693
2023
£
566
33,309
-
33,309
-
33,309
-
34,002
566
Restricted
Funds
£
Endowment
Funds
£
Total
2024
£
Total
2023
£
11,040
-
12,000
924
-
-
168
161
15,862
-
15,862
-
327
-
327
245
27,229
-
28,357
1,330
Restricted
Funds
£
Endowment
Funds
£
Total
2024
£
Total
2023
£
95,000
-
95,000
-
95,000
-
95,000
-

Page 19

Docusign Envelope ID: DB0B2352-872B-4487-8D70-68F26560AA5A

Newbattle Parish Church of Scotland

Notes to the financial statements for the year ended 31 December 2024

13 Volunteers

In common with all congregations of the Church of Scotland the congregation benefits from the contribution made by volunteers who give their time and talents willingly for the benefit of the Church. The areas of congregational life which rely on the contribution of volunteers are many and varied and much of the activity would be unable to continue were it not for the commitment shown.

14
Unrestricted Funds
General fund
Total unrestricted funds
General fund
Total unrestricted funds		 Balance at
Gains on
Balance at
01.01.24
Income
Expenditure Investments Transfers
31.12.24
£
£
£
£
£
£
39,222
61,747
(62,471)
-
-
38,498
39,222
61,747
(62,471)
-
-
38,498
Balance at
Gains on
Balance at
01.01.23
Income
Expenditure Investments Transfers
31.12.23
£
£
£
£
£
£
39,302
61,664
(61,744)
-
-
39,222
39,302
61,664
(61,744)
-
-
39,222

Explanation of funds

The General Fund is for all income and expenditure relating to the primary focus activities of the charity.

Page 20

Docusign Envelope ID: DB0B2352-872B-4487-8D70-68F26560AA5A

Newbattle Parish Church of Scotland

Notes to the financial statements for the year ended 31 December 2024

15
Restricted Funds
Potts fund interest
Life and Work
Christmas fund
Jelly Tots NG
Holiday Club
Jam Club Fund (formerly Messy Church)
Notice board fund
NB Car Park
Flower fund
Newbattle Food Initiative
Publicity Campaign (NB)
Community Café (NG)
Garden Club
Friendship fund
Newtongrange development
Fabric Fund
Youth Group
Men's Group fund
Benevolent Fund
Christmas Lunch Fund
Coronavirus Grants
Adapt and Thrive Fund
Staff Costs Fund
Fabric Growth Fund
Total restricted funds
Potts fund interest
Life and Work
Wheelchair Access
Christmas fund
Jelly Tots NG
Holiday Club
Jam Club Fund (formerly Messy Church)
Notice board fund
NB Car Park
Ministry for older people
Flower fund
Newbattle Food Initiative
Publicity Campaign (NB)
Community Café (NG)
Garden Club
Friendship fund
Newtongrange development
Fabric Fund
Youth Group
Men's Group fund
Benevolent Fund
Christmas Lunch Fund
Coronavirus Grants
Adapt and Thrive Fund
Staff Costs Fund
Total Restricted Funds		 Balance at
Gains on
Balance at
01.01.24
Income
Expenditure
Investments
Transfers
31.12.24
£
£
£
£
£
£
7,632
919
(176)
-
-
8,375
28
-
(28)
-
-
-
994
-
-
-
-
994
773
-
-
-
-
773
117
-
-
-
-
117
1,156
995
(983)
-
-
1,168
203
-
-
-
-
203
850
-
-
-
-
850
252
-
(127)
-
-
125
3,039
184
(596)
-
-
2,627
333
-
-
-
-
333
712
-
-
-
-
712
337
-
(174)
-
-
163
3,702
-
-
-
-
3,702
9,033
705,114
(801,428)
-
-
(87,281)
6,947
185
(1,654)
-
-
5,478
271
-
-
-
-
271
1,939
768
(305)
-
-
2,402
5,656
500
(350)
-
-
5,806
96
-
-
-
-
96
3,319
-
(1,087)
-
-
2,232
6,746
-
(83)
-
-
6,663
2,252
-
-
-
-
2,252
-
-
-
29,450
-
29,450
-
-
-
56,387
708,665
(806,991)
29,450
-
(12,489)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Balance at
Gains on
Balance at
01.01.23
Income
Expenditure
Investments
Transfers
31.12.23
£
£
£
£
£
£
7,643
817
(828)
-
7,632
28
168
(168)
-
28
437
-
(437)
-
-
994
-
-
-
994
609
164
-
-
773
117
-
-
-
117
431
881
(156)
-
1,156
203
-
-
-
203
850
-
-
-
850
800
-
(800)
-
-
112
245
(105)
-
252
3,576
419
(956)
-
3,039
333
-
-
-
333
712
-
-
-
712
374
-
(37)
-
337
-
3,702
-
-
3,702
13,410
42,506
(46,883)
-
9,033
9,602
750
(3,405)
-
6,947
271
-
-
-
271
1,872
613
(546)
-
1,939
5,616
140
(100)
-
5,656
96
-
-
-
96
5,511
-
(2,192)
-
3,319
7,240
-
(494)
-
6,746
2,252
-
-
-
2,252
-
63,089
50,405
(57,107)
-
56,387

Page 21

Docusign Envelope ID: DB0B2352-872B-4487-8D70-68F26560AA5A

Newbattle Parish Church of Scotland

Notes to the financial statements for the year ended 31 December 2024

15 Restricted Funds (continued) Explanation of funds

Potts fund interest: used for youth work

Life and Work: To collect subscriptions for the Life & Work magazine together in order to receive a discount. Wheelchair access: to raise funds to build better access to the Kirkbank Centre. Christmas fund: to organise the Christmas Light celebrations at Newtongrange. Jelly Tots NG: used for Jelly Tots Mums and Toddlers group. Holiday club: used for the holiday club week held every summer. Messy Church: used for the monthly messy church, held at Mayfield for children and parents. Notice board fund (MF): to raise funds for new notice boards. NB monies used - remainder is for MF only. NB Car Park fund: to raise funds to re surface the car park at Newbattle Church. Ministry for older people: the outreach work to connect with older people in Newtongrange. Flower fund: holds funds used to buy flowers for Church services. Newbattle Food Initiative : holds funds to support initiatives that help people become less dependent on foodbanks Publicity campaign (NB): set up from a grant from presbytery to promote the work of the church around the Newbattle area. Flower Fund : used to buy flowers for Chruch services

Community Café (NG): set up from a grant from presbytery as part of the outreach to families around Newtongrange. Garden Club (MF): set up at Mayfield to create further outreach facilities and work with the Community.

Friendship fund (NG): holds funds for a group aimed at providing fellowship primarily for the older people within the NG community. Newtongrange Development Project: the long term project for the redevelopment of Newtongrange Church Fabric fund: used for the maintenance and repair of Church buildings . Youth group: used for youth work. Men's Group: holds a grant given for the Church men's group. Benevolent fund: to be used at the minister's discretion to help struggling families of the parish. Christmas lunch fund: used for the Christmas lunch in Mayfield.

Coronavirus Grants: holds grants awarded to enable the Church to comply with Government Coronavirus guidelines. Adapt and Thrive fund: holds the grant received for administrative staff Staff costs fund: holds funds to pay staffing costs Fabric Growth fund is for maintenance and improvement of church buildings.

For details on transfers between the funds please see the Trustee's report on page 4.

16
Endowment fund
Potts Bequest
Total Endowment Funds
Potts Bequest
Total Endowment Funds		 Balance at
Gain/(Loss) on
Balance at
01.01.24
Income
Expenditure
Investments
Transfers
31.12.24
£
£
£
£
£
£
39,690
-
-
3,745
-
43,435
39,690
-
-
3,745
-
43,435
Balance at
Gain/(Loss) on
Balance at
01.01.23
Income
Expenditure
Investments
Transfers
31.12.23
£
36,763
£
£
-
-
£
2,927
£
-
£
39,690
36,763
-
-
2,927
-
39,690

Explanation of funds

Potts Bequest: investments to fund educational and youth work. Interest from this investment is put into the restricted Potts fund.

Page 22

Docusign Envelope ID: DB0B2352-872B-4487-8D70-68F26560AA5A

Newbattle Parish Church of Scotland

Notes to the financial statements for the year ended 31 December 2024

17 Analysis of Net Assets Among Funds
Unrestricted
Restricted
Funds
Funds
£
£
Investments
-
29,450
Current Assets
39,626
80,290
Current Liabilities
(1,128)
(27,229)
Net Assets as at 31 December 2024
38,498
82,511
Unrestricted
Restricted
Funds
Funds
£
£
Investments
-
-
Current Assets
40,307
56,632
Current Liabilities
(1,085)
(245)
Net Assets as at 31 December 2023
39,222
56,387
18 Collections for Third Parties
Christian Aid
MacMillian Coffee Morning
Transfer to Friendship Group
Salvation Army
9 Reconciliation of net movement in funds to net cash flow from operating activities
Net movement in funds for the reporting period
(as per the statement of financial activities)
Adjustments for:
Decrease/(increase) in debtors
(Decrease)/increase in creditors
Investment income received
Rental income received
Net gains/(losses) on investments
Net cash provided by operating activities		 Unrestricted
Restricted
Funds
Funds
£
£
-
29,450
39,626
80,290
(1,128)
(27,229)		 Total
Endowment
Funds
Funds
2024
£
£
43,435
72,885
-
119,916

-
(28,357)
38,498
82,511		 43,435
164,444
Unrestricted
Restricted
Funds
Funds
£
£
-
-
40,307
56,632
(1,085)
(245)		 Total
Endowment
Funds
Funds
2023
£
£
39,690
39,690
-
96,939

-
(1,330)
39,222
56,387		 39,690
135,299
Total
Total
2024
2023
£
£
46
649
386
266
-
230
251
-
683
1,145
2024
2023
£
£
(65,855)
(3,855)
(33,436)
2,036
27,027
138
(1,543)
(1,371)
(7,049)
(11,843)
(33,195)
(2,927)
(114,051)
(17,822)

19 Reconciliation of net movement in funds to net cash flow from operating activities

20 FRC Ethical Standard - Provisions available for small entities

In common with many other organisations of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

21 Ministries and Mission Allocation

Church of Scotland - Giving to Grow Individuals
Institutions
Total
2024
Individuals
Institutions
Total
Funds
£
£
£
£
£
£
-
31,657
31,657
-
36,454
36,454
-
31,657
31,657
-
36,454
36,454

22 Post Balance Sheet Events

It has been agreed that there will be a Union of Dalkeith: St Nicholas Buccleuch Parish Church (Church of Scotland) (SC014158) and Newbattle Parish Church (Church of Scotland) (SC035087) and the official date for the change of name to Newbattle: St Nicholas Buccleuch (Church of Scotland) is 22 June 2025.

Page 23

Docusign Envelope ID: DB0B2352-872B-4487-8D70-68F26560AA5A

Newbattle Parish Church of Scotland

APPENDIX

FUNDS HELD ON BEHALF OF THE CONGREGATION BY THE CHURCH OF SCOTLAND GENERAL TRUSTEES

CAPITAL
Credit Balances held at 31 December at cost
Church of Scotland Deposit Funds
Church of Scotland Consolidate Fabric Fund (1) shares
Church of Scotland Consolidate Fabric Fund (2) Growth Fund
Market Value of Balances at 31 December
Church of Scotland Deposit Funds
Church of Scotland Consolidate Fabric Fund (1) shares
Church of Scotland Consolidate Fabric Fund (1) Growth Fund
TEMPORARY ACCOUNT
Credit Balance at 31 December
Debit Balance at 31 December
REVENUE ACCOUNT
Credit Balance at 31 December		 2024
£
13,040
-
13,040
19,087
19,087
-
(3,413)
42,271		 2023
£
13,040
19,110
32,150
18,184
26,911
45,095
428,034
-
32,111

Page 24

Newbatue Parish Ctrvjrch 31-Dec-2024 Summary of Adjusted Misstatements A27-2 Objective To evaluate the effect of ideniif*d misstaiements ihe audit on the financial statements. Nature of mlsststement & clrcumstances ot Account Its occurrence land name of component for group audltsl Adjusted Debit Adjusted Credit being incorrect allocation of grnnt being incorrect allocation of grant to receiptsfrixn general trustee5 li Grarbtsl loansfrom General trustee5 10.719.LKI 11 Receipts from General Twustee5 10.719.00 Date.. 31-Dec-2024 HIO being reollocation of office supplies being reallocation of office supplies from wages 1249 Admin A55i5tant 83.LW) Dale= 31-Dec-2024 1320 oirice &Jrvlies M3 Belng fabr1¢ fund Included to Investments Being fabric fund included ro investments 1594A Fabrlc FuThJ 29.450.08 Date.. 31-Dec-2024 Z02 Olher galngllossesl 29.450.OB F3-1 TOTAL: 40.252.08 40.252.OB Comrnents: The mi55tatement mentioned above with r￿pect to reallocation of Grarbt. office 5upplie5 and included fabric fund into the investments . These have been corbsulted with client and has been adjusted accordirKJly. Concluslon: Adjustments madewith client aulhori5ation. • YES NIA Client Authorisation I conflrm I have revlewed rhe above audlt adlusrments and agree they are ￿ be tM)sted

Docusign Envelope ID: DB0B2352-872B-4487-8D70-68F26560AA5A

Date 25/04/2025

tknustyJn Envw ID D￿23S2￿72B￿48T￿D7Qffj8F￿0￿SA Newbattle Parish Church Bogwood Road, Ma￿eLd, Dalkeith, EH22 5DG Serving the communities of Newbattle, Newtongrange, Mayfield ond Easthou5es 25 Api'il 2025 Innes & Partners Lilliited Cliartei'ed Ceitified Accoillit￿1ts 9 Ardross Street Illve1￿eS$ IV3 5KN Dear Slls The following i'epresentations are made oil tlie basis of enqiiiries of ll)anAgetnellt and slaff wilh relevaiil kniowledge aiid expei'ieiice siicli as we coiisidei. iiecessary ill Coilliectioi) willi Yo1￿ aiidil of tlie cliarity's fiiiaiicial stateiiieiits for the year elided 31 Deceii)ber 2024. Tliese eiiqiiiries liave iiicliided illspeclioii of siipportillg dociuiLeiilalioiJ, wliere appi'opi'iale, alld ￿'e Sli￿l¢le11t to satisfy oiwselves Ilial we cali iiiak-e eacli of tlle followill8 1'epi'eseiilatioi)s. All i'epi'eseiitatiolls al'e iiiade lo tlie best of Oill. kniowledge aiid belief. General l. We have fiilfilled oiw respoiisibilities as Inistees. as set oiit in the tern]s of Yo1￿ engagement lellei. dated 28 Oclobei. 2024 iuidei. Ilie Cliai'ilies aiid Tiiistee bivesliiieiit (Scotlalld) Act 2005 aiid Tbe c}￿ritIeS Accoiiiits (Scotlaiid) re￿lIatiOnS 2006 (ag tlliieiided) . for pi'epariii8 fiiiaiicial slalellieiils ill accoi'dallce witli applicable law aiid Uiiited Killgdoill Accoiuitillg Stalldards (UK Geiiei'ally Accepled Accoiiiiliiig Pi'nclice). foi. beiiig satisfied tllal they 8ive a tI￿e alld fall. view aiid for tiiakjiig acci￿￿te represeiitatioiis to yoii. 2. All Ilie t1.￿lS￿ellO11s iwdeitakell by the eI￿rIty llave beeii pi'operly i'eflected ￿kd recorded iii Ilie acco1￿11Th8 I'ecoids. 3. All tlie a¢¢oimting records Iiave be￿1 inade available lo you for tlie pil￿o$e of your aiidii. We bave pi'ovided you with iullestricted access to all appropriate persolls Wltliin tlie Ch￿.]ty, and with all othei. recoi'ds and i'elaled illfoi]llation i'eqiiested, illcliidill8 lllillutes of all aiid Tnistee ineetiiigs. 4. The f￿ancIal slate￿entS are free of n￿le1.1￿[ lllisstate￿ellts, includill8 Oll)iSSiOllg. 5. The effect of uncoiTected misstatemellt (as set out in the appendix to this letter) are ill]ll￿te￿al both iiidividiially and lll total. Nvwbath Parish Chwch ￿ Reg￿ter￿j 85 a Chbtrtyin Sc(thrvJ. R￿JStrBts"on No" SC 0￿7

Docusign Envelope ID: DB0B2352-872B-4487-8D70-68F26560AA5A

Internal control and fraud

  1. We acknowledge our responsibility for the design, implementation and maintenance of internal control systems to prevent and detect fraud and error. We have disclosed to you the results of our risk assessment that the financial statements may be misstated as a result of fraud.

  2. We have disclosed to you all instances of known or suspected fraud affecting the entity involving management, employees who have a significant role in internal control or others that could have a material effect on the financial statements.

  3. We have also disclosed to you all information in relation to allegations of fraud or suspected fraud affecting the entity’s financial statements communicated by current or former employees, analysts, regulators or others.

Assets and liabilities

  1. The charity has satisfactory title to all assets and there are no liens or encumbrances on the charity’s assets, except for those that are disclosed in the notes to the financial statements.

  2. All actual liabilities, contingent liabilities and guarantees given to third parties have been recorded or disclosed as appropriate.

  3. We have no plans or intentions that may materially alter the carrying value and, where relevant, the fair value measurements or classification of assets and liabilities reflected in the financial statements.

Accounting estimates

  1. The methods, data and significant assumptions used by us in making accounting estimates, and their related disclosures, are appropriate to achieve recognition, measurement and disclosure that is reasonable in the context of the applicable financial reporting framework.

Loans and arrangements

  1. The charity has not granted any advances or credits to, or made guarantees on behalf of, trustees other than those disclosed in the financial statements.

Legal claims

  1. We have disclosed to you all claims in connection with litigation that have been, or are expected to be, received and such matters, as appropriate, have been properly accounted for and disclosed in the financial statements.

Laws and regulations

  1. We have disclosed to you all known instances of non-compliance or suspected non-compliance with laws and regulations whose effects should be considered when preparing the financial statements.

Related parties

  1. Related party relationships and transactions have been appropriately accounted for and disclosed in the financial statements. We have disclosed to you all relevant information concerning such relationships and transactions and are not aware of any other matters which

Newbattle Parish Church is Registered as a Charity in Scotland. Registration No: SC 035087

Docusign Envelope ID: DB0B2352-872B-4487-8D70-68F26560AA5A

require disclosure in order to comply with the requirements of company law or accounting standards.

Subsequent events

  1. All events subsequent to the date of the financial statements which require adjustment or disclosure have been properly accounted for and disclosed.

Going concern

  1. We believe that the charity’s financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the charity’s needs. We also confirm our plans for future action(s) required to enable the company to continue as a going concern are feasible. We have considered a period of twelve months from the date of approval of the financial statements. We believe that no further disclosures relating to the charity’s ability to continue as a going concern need to be made in the financial statements.

Grants

  1. All grants, donations and other income, the receipt of which is subject to specific terms or conditions, have been notified to you. There have been no breaches of terms or conditions in the application of such income.

We acknowledge our legal responsibilities regarding disclosure of information to you as auditors and confirm that so far as we are aware, there is no relevant audit information needed by you in connection with preparing your audit report of which you are unaware.

Each trustee has taken all the steps that they ought to have taken as a trustee in order to make themselves aware of any relevant audit information and to establish that you are aware of that information.

Yours faithfully

Newbattle Parish Church is Registered as a Charity in Scotland. Registration No: SC 035087