Scottish C1￿]ty Number: SC038183 Gairloch, Kinloehewe & Torridon Free Church of Scotland Report of the Trustees and Unaudited Financial Statements for the year ended 31 December 2024 |+P Innes & Partners Ch•rt•rnd Cgrtifigd A￿OUntants Galrloch, Klnlocheive & Torridon Free Church of Scolland Contents Page Report of tbe TNstee5 Report of the Inde￿dent Examiner R¢¢cipts and P4ym¢nts A￿Ount Stalernent of Balancas NoteB to the Financial Statement Gairloch, Kinlochewe & Torridon Free Church of Scotland Report of the Trustees for the period ended 31 DeceD]ber 2024 The Trys1¢¢5 arc plca5¢d tD prcs¢nt their report togrihcr with th¢ financial statements of th¢ Charity for th¢ riod Lnded 31 DL"cLThber 2024. Chdrity Number.. SC038183 Banker.. Rank of Scotland Gairloch IV212BE Solicitors.. Simpson & Marwick NVS Albany House 58 Albany Streei Edinburgh .HI IQR Ind¢pendenÈ Examiner.. Ini)bb & I'drtll¥fb Liiniicd 9 Ardr0s8 Str¢¢t Invcme53 IV3 5NN Pag¢ I Gairloch, Kinlochewe & Torrfdon Free Church of Scotland Report of the Trustees for the period ended 31 December 2024 ObJective5 and Actiwities Aims and Affiliatio Gairloch, Kinloehewe & Torridon Free Church of Scotland is a congregation of the Free Church of Scotland working tQW•Tds the common aims sel out below. It is a Presbyteri•n ¢hureh adhering in its worship and doctrine to the position of the Church of Scotland at the Reforniation. The Free Church of S¢otland an expltuJatory documcntwhich cxplains thc origin5 of thc Church, and which gives the historical ba¢k8round to the Church coming into bcing in 1843 at]d lists documents in wbich 15 cmbodicd thc constitution of th¢ Church. The documenl is ¥4v&ilable on request from the Free Chur¢h of Scotland, 15 North Bank Si.. Thc Mound, Edinburgh, EHI 2LS. The Free Church of Scotland cuttently has over I ￿ congregations in Scotland. &8 well as one in London and four in North America. and 515t¢r ChurchES founded by Tni&8iDn work in India. Peru and Sourh Africa. The Church also has a seminary in Edinburgh forthc training of minist¢TS and other Christian workers and sublain¥ an cxlcn&iv¢ mit>JiQtVdry programmc r¢lu¢iv¢ to th¥ uf thc Churtih. The principal aclivity of thc Church is the conduct of public worship and associated matters in ihe conlcxl of local congre8alions. Datin8 from 1843 but with its roots in th¢ Reforniaiion. th¢ Fr¢¢ Church of Scotland owe5 11$ disiincti title to its historical struggle ¢0 remain 'free' from stsle interference in ils internal affairs. It has close and active relations with muny other Refomied churches ofjesus Christ throughout th¢ world arld stAnds fimRIy in ihe tradition which accepts the Bible in its entirery as the Word ofGod and, thercforc. d¢rivc$ its forn15 of lea¢hing. worship, ministry and govcrnmcnl from IL Thc main Cmphasis of ourworship is the preaching of Ihc gospcl- tbc 8ood n¢w5 of a fr¢¢ and SOV¢T¢1￿ salvation through Jesus Christ alone. The congregation is within Sky¢ & Wester Ross Presbytery and is authorised by the Church to have minister paid from the ¢¢n¢Tal funds of the ChuTCh. Thc Church building and the ministels manse Are the property of the con8rcgation and arc held under thc Church's mod¢] trust d¢￿. Revlew of our Achlevement and Perform•nce The congregation continued io meet weekly on Sunday for public worship in Gairloch at I lam and 5pm, in Kinlochewe every 2nd and 4th Sunday at 2.30pm and in Torridon Hall every 3rd and 5th Sunday at 2.30ptn. Provision for Primary School agcd childrcn wa8 madc with È Sunday Club mccting duting the morning service, Served by a group of 3 adults on a rota basis. Throughout the year weekly prayer meetings were held in trM)th Gairloch and Kinloehewe, as well as monthly men's Bible sNdies. Thc congrcgation continued its cornmitment to support the national Free Church of Scotland. mission org4ni5atlQll5 and oth¢r charily groups both spiritually and financially. Page 2 Gairloch, Kinlochewe & Torrfdon Free Church of Scotland Report of the Trustees for the period ended 31 Dttember 2024 FIll*nci￿ Rewieiy The Church rcccivc5 its fun(ling from Church memlxrs andbyway of w¢ekly or monthty offering5 at)d Gift Aid donations. The Churcb had net outgoing resources of £10,905 (2023: incoming £5,684). Total reserves &s at 31 Deccmber 2024 were, £26.822 (2023.. £37,787) with a general fulld of £4,837 12023.. £15,700). desi￿ated fund8 of £21.965 (2023.. £22.007) and r¢strictcd fimds of £80 (2023.. £80). The misiees are ￿[1$fied with the 5evel of reserves retained by the cbatity. Trustees and Office Bearer5 The ¢ongrega(ion is gov¢rn¢d and thinistered by el¢rt¢d office bearer5 (all volun*ers) and ils minister. The Kirk Session, being the minister and elected elders, has resrKTrnsibility for spirits￿1 oversight, while the Deacons, Couti composed of Kirk Session members plus clect¢d de4cons, oversees finaocial ond properry mattctB. Under Charity Law, the Deacons, Court #re deemed to be the ttustees of the cOn￿¢Sation as those with responsibility for day ¢0 day management and control. This is distinct from the role of proixtty {congregaiional) tNstees who are responsible only for holding property in ttusL Appolntmcnt of Charlty Trnstees Th¢ Kirk S¢ssion ¢xcr¢is¢s its dis¢rction in d¢t¢rniinin8 the rnosl &ppropriat¢ mcthod of clcctin¥ ncw Trustees (Elder5 and Dcacon8). Any election proccss must involve the communicant mcmbcrship of the congrcgation. Thcr¢ is no fixed tcnn for Tn￿l¢uhIp. Prior to thcir appointtncnt, new Tnjstccs would have scrved the Church for some time in various roles and would be familiar with thc Churcb'8 valur3. its aims and objcctivcs as wcll a5 its day-to-day opcrations. A8 part of thcir induction programme. new Trustees are required to understand their Siarntory responsibiliU¢s as w¢ll as the responsibilities of their office within th¢ congregation elder or deacon. Approv￿ by the trustees on .. 2025 and 8ibmed on iheir behalf by.. Page 3 Gairloch. Klnlochewe & Torrldon Free Church of Scotland Report of the Independent Examiner for the period ended 31 December 2024 I report on the accounts of the charity for the period ended 31 Deccmber 2024 which are sei out on pages 5 to R¢spe¢tive responsibilities of trustees and examiner The eharity'g In￿tee$ are responsible for the preparation of the accounts in accordance with the temis of the Charities andTrustee tnvestrnent (Scotland) Act 21YJ5 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The ¢hariry trust¢¢s ¢onsideT that the )udit requirement of Regulation 10(] ) (d) of the Accounts Regulations does not apply. It is my responsibility to eKamin¢ the accounts as requircd under section 44(1) (c) of the Act and to state whether particular matters have come to my attention. BASIS of independent examlner's stitement My Cxamination is carried out in accordance with R¢gul&tion I l of thc Charitics Accounts (Scoiland) Rcgulations 2006 (as amended). An examination include5 a review of thc accoun¢in8 record8 kept by the charity and & Comparison of thc accounts prescnted with th05¢ rccords. I¢ also includes consideraiion of any unusual items or dis¢losur¢s iti th¢ uccounls, and 5¢ck5 ¢xplanations from the trnstees concerning such matt¢rs. Thc procedures undcrtakcn do not provide all the evidence that would Ix required in anaudiL andconscqucnily do not cxprc5s an audit opinion on thc vicw givcn by thc accounts. Independent Examlngr's Slatemenl In ihe course of my examination. no matter has come to my attention which giv¢s mc rca60nablc cause to believe that in any material rcspcct th¢ rcquircTncnt5.' to keep accounting records in accordance with Section 44{1) (a) ofthe 2005 Aci attd R¢gu14tion 4 ot the 2(K)6 Accounts Regulauons (as amended), prepare accfiunrs which accord with the a¢¢ounling records End comply with Regulation 9 of the 2006 Accounts RegulatiotL4 l&$ amended) have tN)t been met. or 2. to which. in my opinton, attention should be drnwn itt orderto enable a properunderstanding of th¢ a¢counts to hc rcJ=hcd. InnL￿ & PLiflncr% Limilcd 9 Ardross Street Invernes5 rir3 5Tr1DI Dai¢.. 2025 Page 4 l+P Innes & Partners ¥tered ¢￿fied Accountartts Gairloch, Kinlochewe & Torridon Free Church of Scotland Receipts & Payments Account Year ended 31 December 2024 2024 2023 Genergl Fllnd De5igngted F￿lld$ Restricttd Funds Total Total Fulldi Reetlptl chll￿￿ Door Collections Enyclopes, Standin8 Order5 & Donations Spcciul Collections Donations TAX recovered- Gift Aid tncome from Investments at EdiThburBh Publicaiions Donations 2,858 32.439 650 2,858 38,499 650 6,060 43.488 1.752 80 14.551 184 352 8.339 8,339 321 321 Tothl r¢celpts 44,607 6,060 50.667 64,051 P•ymen¢$ ChAritxblc Aetlvltl Sunday School Supplies R¢mittances to Central Funds Pulpit Supply & Communioll Expenses Mittistels F.xpen&es Mini$t&s Supplement Presbytery Due& & Swd¢nt t£ CburGh & Matt3¢ Jnsurance CounGil T￿- Mon¥¢ Church Heat & Light Manse Heat and l.ight Gener•1 Repairs & Renewal8 Adv¢rti6in8 Magazines & Publicaiions GeDcral Expcnscs Charity Donaiions Church Repairs Manse Repairs Independent Examination Total p8ym¢ntS 221 39.060 1,048 2,786 1.000 367 2,349 2.465 1,603 2,565 40,848 4.035 637 104 2,117 1.998 40.848 4,035 637 2,117 2,504 2,528 3.456 ,803 293 270 522 159 500 1,166 168 462 506 2.528 3.456 1,803 293 270 522 159 110 364 311 1,387 1.752 139 840 1,166 168 462 56567 5,005 61,572 58.367 Surplu$ for the p¢rlod (11.960) 1.055 (10,905) 5.684 Transfer betV4een funds 1,097 11,097) Surplus/(denclt) After transfers (10.863) (42) {10.905) 5,684 InveitllLeDt Galll5 1 (Losses) TotAI fynd5 brouzht forward 15,700 22.007 80 37,787 32,103 Funds carded forward 4,1137 21,965 80 26,882 37.787 Page 5 Gairloch, Kinlochewe & Torridon Free Church of Scotland Statement of Balances As at 31 December 2024 No¢e5 2024 2023 Opening D¢fi¢it ba1￿ce for period Closing balAllce Opening Surplus balance for perlod Closing bal*nc¢ Bank Aecount Balances 37,787 (10.905) 20,882 32,103 5.684 37.787 Totsl ¢AJh b#l*Tr¢e8 32,103 684 37,787 Represented by". Unreslrlctvd funds DeslgnAted f￿TrdS Restrlcted funds 15,700 22,tx)7 80 26,802 811 37,787 Statement of usets at JI December 2024 Frechold Properry Investments: Free Church of Scotland Share Pool, market value 320,000 320.(K)O 23,952 21,104 341104 343 952 Statemcnt of debtorj at 31 Deeember 2024 Gift Aid D¢bLor 1,379 1,581 1,37Y ,581 Staiement of credlton at 31 De¢emb¢r 2024 Sundry Creditors 480 462 486 462 The financial state by the undernoted-. approved by the Trustee5 Oll 2025 and signed (heir behalf TrKsl¢¢/Elder The notes Oll Pages 7 to 8 form part of th¢5e f￿ancial statements. Page 6 Gairloeh. KiD]och¢we & Torridon Free Church of Scotland Notes to the Flnancial Statements for the period ended 31 December 2024 l. At¢ounting Pollcles The tin￿ClaI slalements have be¢n pr¢p8r¢d und¢r the historica] cost convention, in a¢¢ordance with th¢ Cl)JTilie5 Accoun15 (Scotland) Regulations 2006 (as arnend￿). Basis o Inanci I slat menls The financial statements bAve been prepared orn a receipts and payn)ents b￿18. As the accounts are prepared on a receipts and paym¢nts basis, th¢ investments ar¢ included at cost. Th¢ market Yaiuc of thc invcsth)ents is dis¢l0s¢d withi'n the notes to the occounts. A st&temen( of the assets held is shown in Lhe note5 to the aceounts. No depreciation has bee applied &$ depreciation is a non-cash item and therefore should nijt be included in the receipts and payments accounts. For thc PUTpose of thc Rcccipts and Payments account as shovm on p&8¢ S. fundq are dcfincd as follows.. Unrc8tri¢t¢d fund3 ¢ompri8c grants and other incomc r¢ccived for the objccts ofthc Church without ￿rther specified purpose and ar¢ 4vailabl¢ as 8¢n¢r41 fvnds. De$ignat¢d fi￿dS repr¢s¢nt unrestricted funds which hay¢ b¢¢n eartnarkcd by the Tn￿te¢S for particular purposes. Transfers may be mad¢ betw¢en g¢nernl and desi￿ated fimds, in tb¢ Lxst iut¢r¢sl$ of thc Church, at thc di5cr¢tiOll of the Tn￿te