Scottish Charity No.SC038272 Falkirk Free Church of Scotland Trustees, Report and Financial Statements For the Year Ended 31 December 2024 Falkirk Free Church of Scotland is a Scottish charity (SC038272), regulated by the offi of the sthSh Charity Regulator (OSCR)
Falkirk Free Church of Scotland Trustees. Report and Financial Statemonts for the year •ndlng 31 December 2024 Table of Contents Church Infomiation Report of the Trustees Independent Examiner's Report RecAipts and Payments Account Stalement of Balances Notes to the Financial Statements 9-10 Accounting policies 11 Falkirfr Free Chuth of Scot18nd is 8 Scottish charity (SC038272), wulated by th8 Office of the Scothsh Chanty Regulator (OSCR)
Falkirk Free Church of Scotland Trustoes, R8POrt and Financial Statomonts for th• year ending 31 DKember 2024 Church Inforniallon A list of adive Trustees during 2024 is provided in the Trustees. Report overleaf. Address Falkn'rk Free Church Beaumont Drive Carron Falkirk FK2 8SN (Please nole: mail is not deliverabk at this ad(tress) hurch.or .uk Web: www.f Ikirkfr Bankers Royal Bank of Scotland Newmarkel Street Falkirk FK1 1JX Solicitors Balfour & Manson 54-66 Frederick Streel Edinburgh EH2 1LS Independent Examlners Falkirk Fm Church of Scotland is a Scot&sh chality (SC038272). Trgulated by the Office of the Scottish Chanty R8gulalor (OSCR)
Falkirf( Free Church of Scotland Trustees. R•port and Financial Statements fof the ymr onding 31 DKemb•r 2024 Reporl of the Trustees The Trustees are pleased to present their repxjrt together wth the financial ststements of the church for the year ended 31 December 2024. ststus of Charlty arHI Governing Document Falkirk Free Church of ScotlarKI is established by Constilution. 11 is a reglstered Scottish Charity (No. SC038272). Alm8 and Afflllatlon The Free Church of SlIand currentty has arnd 100 congregations in Scotland. as well as others in London and North America. and sister Churches founded by mission work in India. Peru and South Africa. The Church also has a full time degree awarding seminary in the heart of Edinburgh for the training of Minislers and other Christian workers and sustains an exlensive Missionary programme relative to the size of the church. Dating from 1843 but with its roots in the Refomation, it owes its distinctive title lo its historical struggle to remain 'free' from state inlerference in its inlernal affairs. It has close and active relations with many other Refornl churches of Jesus Christ throughout the world and stsnds fimly in the tradition whth accepts the Bible in ils entirety as the Word of God and. therefore. derives its fomis of tèaching, worship, ministry arKJ govemment from rt. The main emphasis of our worship is the preaching of th8 gospel - the good news of a free and sover8ign salvation through Jesus Christ alone. Thè Free Church of Scotland is a Presbyterian church adhering in its worsNp and doctrine to the position of the Church of Scotland at the Refomation. There is an 8xplanatory docum8nt which explains the origins of the Church and which giws the historical background to the Church coming into being in 1843 and lists documents which embodied its constitution. Falkirk Free Church of Scotland ts a Congregati of the natial Free Church of Scotland Wofking towards the common aims set out above. The congregation is within the Edinburgh and Perth Presbytery and is authorised by the Church to have a fUltIMe minister paid from th8 central funds of the Free Church of Scolland. The Minislef's rnanse is the property of the c(M)gregati(xi and is held in tnjst by locally elected congregational tnJstees under the Church's Model Trust Deed. Falkl Frne Church of Scot18nd is a Sfx)ttish chaiity (SC038272). wulat8d by th8 Office of the Scoltish Ch8nty Rogu18tor (OSCR)
Falkith Free Church of Scotland Trustees, Report and Financlal Statamonts for the year anding 31 Docember 2024 Trust••s and Office Bearers The nkn.0n is govemed and administered by elected office bear&s (all volunteers) and its minister. The KI Session. bng the minister and elected elder5. has reSnsibIlity for spiritual oversight. whe the Deacons. Court, Cjjmposed of Kirk Session members plus elected deacons. oversees financial and property matters. Under Charity Law, the Offi bearers are deemed to be the trustees of the congregation as those wrth responsibility for day to day management and control. This is distinct from the role of cxjngregational trustees who are resp(sible onty for hOldW property in trust. The members of the Dea. Court (the Charity Trustees) who served in 2024 were as follows: Elders: Deacons: Minister. Congregational Truslees for hokling prowty Appolntment of Charity Trustees The Kirk Session exercises its discrelion in determining the mosl appropriate method of electing new Trustees (Elders and Deacons). Any election pnjcess must invae the communicant membership of ihe congregation. There is no fixed term for Trustaeship. Prior to their appointment, new Trustees would have served the Churth for some kn'me in various roles and would be familiar with the Church's values. its aims and objectlves as well as its day-tCHlay operations. As part of their induclion programme. new Trustees are required to understand their ststutory responsibilities as well as the responstlilikn'es of th&r office within the congregation as elder or deacon. Actlvltles and Achlevoments Al the heart of the u)ngregalK)n's lrfe is *Yxship. In 2024. the CA)ngregation met for public worship on the Lord's Day at 11am and 6.30pm and also on a Wednesday evening at 7.30pm for praise and Pfayer. Worship ServIS We recorded regularfy and made available on the church's website. The congregation conlinued its commitment to support the national Free Church of Scodand both spiritually and financially. A number of uxnmunity groups ware able to make use of the thurch building in 2024. The congregation (x)ntinued to support our local f(KxJ bank and also made donatnS to the annual Blythswood Shoebox Appeal. The church also welcomed a number of new members. R8pairs and improv8ments lo both the church and the manse were carried out and we erKled the year in a satisfactory financial FM)Sition. Falkirk Free Church of Scotland is a SLx41ish thwity {SC038272). Trgulaled by Ihe Office of the Scottish Chaiity Regulator (OSCR)
Falkirk Free Church of Scotland Trustees, Report and Financial Statements for tho year ending 31 December 2024 Reserves At the end of 2024 the congregation held the following funds: Unrestricted Funds: General Fund (Bank account): £9,802.17 Deslgnated Fund: £(317.49) Restrlctad Funds: Fabric fund: £1.240.00 Total Reserves at 31.12.2024: £10.724.68 Th8 trustees are satisfied with the level of reserv8s retained by the charity. On behalf of the Ttustees Deacon and Trust88 F8lkirk Free Church of Scotland is 8 Scottish charity (SG038272), wulated by the Office of the Scothsh Chanty Regulator (OSCR)
OSCR tsh (harity ReguLator Inde endent examiner's re rt on the accounts R•port to the Chanty Trame alkirk Free Church of Scodand R•gigtergd chaiity numbgr On the accounts of tho chaTity for tho pgriod SC038272 Peri(Ml stsrt date th Perio(i end date IA¢)nth 24 024 Sol out on pays 10 Respective , The tharity's truslees are resp)nsible for Ihe preparation ol the accounts in accordarte rnsponsibilities of ', wilh the terms ol the Charnlies and Trustee Inveslment (Scotlandl 2005 Act and the tTUSteo8 and oJtamin•r , , Charities ALY))unts IScoUand} R8gulalions 2006 las amended). The chanty trnstees consider that the audit requirement of Regulaknon 10{11 Idl of Ihe A(xounts Regulations does not apply. 11 is my responsibility to examine the accounts as required under seth.on 44111 Ic) ol the Act and to stale wh8lher particular matters have come to my attentiim. Basls of ind•pend•nt | My examination is carried oul in acc£dance wth RegUlan 11 01 the 2fM)6 Accounls •xamlner's statsmant ! Regulabons. An examination includes a review of the accounlj.ng records kept by the '. chanty and a Comparis of thg accounts presented those rerds. It also includes consideration of any unusual itoms or disdosurgs in the accounts and $8eks eXana11$ from the trustees conceming any such mattefs. The pr0cethJS undertakèn | do nol provide all the evidence that woubd be required in an audtl and, consequently. l (lo TKSt express an audii opinion on the wew gNen by the acLX)unts. In the wurse of my examinatson, no matter has come to my attention lother than that disdosed on the attached page1 which gives me reasonat4e cause to believe that in any material sPeCt the requirements.. lo keep accounting records in acccrtance with section 44{1) {a} of the 2005 Att aThJ Regulation 4 of the 21J)6 Acwunts Regulations. and lo prepai8 accounts which actord wrth the accounting records and wrth ReguLqtson 9 of the 2( AotounLs Regulats"ons Indopendont examiner's stslement '. have not been mel, lo which. in my opini. attenbon 5h¢xAd drawn in order to enabba a proper understaTrjin.q of the a(xounts to re&hed. Signed: Easter Monday 218t 2025. Namo: Relevant profwloDal qualifiGalion($l or body (if any1= B.A Accounting Studies ACCA- QUALIFIED BY EXPERIENCE Address:
Falkirk Free Church of Scolland Reccipts and Payments AcLounts F"OT thc year endvj 31 1)c¢cmbcr 2024 GtDefxI umd Restrirted fr"IbTit uDd5 Tot1 2023 2024 Receipts Gift Aid received Donations via EnVeloS th>nation5 via Plate Dortaiions via Bank Bank inleresi Maw.ine5 Hall 141 Legacies Other income 5.305.92 .195.IMI 11.129.65 -38.41M).81 210.68 9.285.72 7,155.IX) 10.806.09 35.W4.8? 16S.88 250.00 5,185.00 1.752 ¢K) 12881.6S 210.68 86.¢M) ' 5.61AI.IX) 746.(M> 746.0• 654.60 Totxl Receipts Payments P&)'mentsfor Cljortsuble &LY1e5 Remiltance5 lo Cenlral fund5 Pulpii Sllpply and Communion Expen Ministers expenses Church & Manse Insurance Heat & Light Internet mntenanC¢ Gill Aid fee5 Manse Coun¢il Tax Manse Expenses Prt%b' Exp¢nses Gr I"uttin¥ Window C'lc4ning Supplies Cleaning Web51te Copyrighi licence Maga7.ine5 tk)naiion Envelopes DonatlOll5 SeLUrity Alarni Bc)il¢T l¢hurchl Fire Protection 6&932.06 2.$84.IMI i.1(. n,616.06 69.497.I I 50.988.15 740.(K> 4.1.67 2.258.72 6.(MO.21 920.57 4.479.00 19.27 2.989.51 85.00 171.(10 196.23 50.988.15 740.IXI 4.IIKI.67 30.794.48 601.50 3,IX).3.59 2,188.57 4.07.3.41 617.09 1,820.9.1 18.59 1.896.89 3.971 10 ?80.70 040.21 4.479.00 119.27 &4. 171.110 491.29 2217.46 491a9 2317.46 2.139.96 315.1X) 136.48 195.86 195.86 872.(h) 872.00 13J.JJ9 320.00 343.211 389.00 6(K>.OQ 320.00 577.20 885.59 3?O.IK) 343.20 537.50 Ouireoch FellO1P costs Willl¢rlAu¢umTh LtureS Cinema Outreach Chri%tm3s Dinnei Governonce c'iAsts A¢couDts F.xaminer 650.00 1.050. 452.05 327.02 175 17X(W) 175.IM) Total Payments 7&769.17 3.107.41 5&157.86 Surplus for tht year Trdnsfers (7J37.J l) 1411.41) 172611..$21 11.339.?5 et rnovement ia fvDd5 fter Ir*nJfer5 17A17.J I) 17,639.78 1511.41) 20S.92 172611.$2) 17.985.20 I lJ39a4 6.645.95 Tothl funds brought forward 'fot•l funds carried forvard 9J112.17 {317.491 12411 10.724.68 17.98S.21J
Falkirk Free Church of Scotland Statement of Balances -tar ended 3 1 i)ece[ntr ?024 2024 21123 InvlMentS held •1 Cwl i Bank & Cgjh In hand 17,9i1S.20 7,260.52 6.fA.$ 95 1.339.25 17.98fj.20 surpli1(L)Crj¢IiI for th¢ y Clo%ln8 blA Thces 10.724.fi11 'Trund¥ held oi ihe Cenlrnl Offlce.T Iupenins balance ., Mov¢m¢ni InJ.ear Clo%ing balance Tot1 of monttry #sxets beld la,724.6 17,98fj.20 , Re.ierv¢s Unr¢strict¢d fvnds Rcstriclcd funds rAbriL fuiid% 9.1102.17 317.49 1,240 17.639 28 I724.68 17.98.5 ?0 SIAleJD¢n¢ of Aisely held for Ch•rttsbk Chur¢li & Mwise ixliirc% & PitiinJ3S 14.0$6.00 14,05h 110 H,676.110 | 504,07fi 11 ,()utstllndin ToiAI loon5 000 ,Ststemenl of Il*bllSiiM •¢ JI Dttemr 2024 Invol ducT(Y paiThent th¢'frwstLW And 51 jA2J)rovfA bL ned their ihAlf by th¢ undcrnolod.. 7ruFIcL'
Falkirk Free Church of Scotland ,Notes to the Receipts and Payments Accounts i For ihe year ended 31 Deccmber 2024 'T*nglblt fixtd #ssets Fkrithble Fixtures &,_ I -4uipment Total Ai l January 2024 ,Addiiions InraSe in value DI%polS iAt 31 Dnber 2024 504.676 14.056 1 2023 There were no investments durin8 the year. ITralls8clions with Tru5ttts There were no rransaaim5 with tret5 durin Amounts btld by the Ctlltral 'Thtte is nothing held the Central Church Grants rtceived
Falkirk Free Church of Scotland JNotes to the RecLipts and Payrnents Accounts l For the year cnded 31 Deccmtrgr 2024 ' Unrestricted fuBd Balance al 01.01.24 Inu>min¥ resources Kcsources Balance at 31.12.24 ex Transfers IGeneral Fund 17,639.28 68,932.06 76,769),, 9,802.17 DtJignoledfuniL%.' aièd Fund 206 2,584.00 (3.107) 317.49 .Re.%lriciedfunds.' . JF'abric Fund l.l(M) 'Total desi8n.ated ndS 2.584.00 (3,107) i'l'oial unrestricted funds 17,845.20 72,616.06 79,876.58 10.584.68
Falklrk Free Church of Scolland Trvst••s' R•p(wt and FinwKiai St•tWnonts for th• y•ar ondlng 31 D•c8mbor 2024 Accountlng Pollcles Accountlng Convention The finan(xal statemenls have been ppared under the historical cost convenlicm. and in accordance with the Charities Accounls (Scolland) R8gulations 2(Th. Basls of flnancl•l statemonts The financial statements have been wepared on a receipts and payments basis. Invèstmonts The only investment is a bk deposit accwnt vhTh8 up io dale value is shown in the accounts. Flxed Assets A statement of the assets held is shown in thè accounts. No depreciation ha8 been applied as depreciation is a non-cash item and Iherefore should nol be included in the receipts and payments account. R•celpts and Payments Account For th8 purpose of Ihe Receipts and Payments accoun( funds are defined as follchvs.. Unr6strlct•d funds COMlSe income received for the obj.ects of the churth wilhout further specified purpose arKI are available as general funds. D•slgnat•d funds represent unfestricted funds whlch been eaMrkd by the Trustees for particular purposes. R•strkted fund• comprise ino)me which has been feceived for the objects of the churth and sperjfied lof a restricted purpose 1n these obj'ects by the donor. Sig Deacon and Trustee Falkirt Free Church of Scouand is 8 Scottish charity (SC038272), rngu18t8d by th8 Offic8 of the sIbSh Charity Regulator (OSCR) 11