**REGISTERED CHARITY NUMBER: SC038274** ## **REPORT OF THE TRUSTEES AND** **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## **FOR** ## **DOWANVALE FREE CHURCH OF SCOTLAND** Benham Conway & Co. Chartered Accountants 16 Royal Crescent Glasgow G3 7SL **DOWANVALE FREE CHURCH OF SCOTLAND** ## **CONTENTS OF THE FINANCIAL STATEMENTS For The Year Ended 31 December 2024** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|4| |**Independent Examiner's Report**||5|| |**Statement of Financial Activities**||6|| |**Balance Sheet**||7|| |**Notes to the Financial Statements**|8|to|13| |**Detailed Statement of Financial Activities**|14|to|15| ## **DOWANVALE FREE CHURCH OF SCOTLAND** ## **REPORT OF THE TRUSTEES For The Year Ended 31 December 2024** The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The Free Church of Scotland currently has over 100 congregations in Scotland, as well as 1 in London and 5 in North America, and sister Churches founded by mission work in India, Peru and South Africa. The Church also has a full time seminary in the heart of Edinburgh for the training of Ministers and other Christian workers and sustains an extensive Missionary programme relative to the size of the church. Dating from 1843 but with its roots in the Reformation, it owes its distinctive title to its historical struggle to remain 'free' from state interference in its internal affairs. It has close and active relations with many other Reformed churches of Jesus Christ throughout the world and stands firmly in the tradition which accepts the Bible in its entirety as the Word of God and, therefore, derives its forms of teaching, worship, ministry and government from it. The main emphasis of our worship is the preaching of the gospel - the good news of a free and sovereign salvation through Jesus Christ alone. Dowanvale Free Church of Scotland is a congregation of the Free Church of Scotland working towards the common aims set out above. It is a Presbyterian church adhering in its worship and doctrine to the position of the Church of Scotland at the Reformation. The Free Church of Scotland has an explanatory document which explains the origins of the Church and which gives the historical background to the Church coming into being in 1843 and lists documents in which is embodied the constitution of the Church. The congregation is authorised by the Church to have a Minister, and as of May 2023 an Assistant Minister, paid from the central funds of the Church. At 31 December 2024 the congregation owned the following properties: Church building at 35 Dowanhill Street, Glasgow and the manse property at 9 Laurel Park, Jordanhill. The government of the Free Church of Scotland is Presbyterian and the congregation is within the Presbytery of Glasgow & Argyll. ## **Significant activities** During the year, the Church met regularly for worship and carried out various activities in pursuit of the above stated aims. The congregation continued its commitment to support the Free Church of Scotland both spiritually and financially. ## **Grantmaking** The congregation makes grants from its gift income to individuals and organisations whose aims are compatible with the congregation's objectives. Page 1 **DOWANVALE FREE CHURCH OF SCOTLAND** ## **REPORT OF THE TRUSTEES For The Year Ended 31 December 2024** ## **ACHIEVEMENTS AND PERFORMANCE Charitable activities** ## **Achievements and Performance** During 2024 the Dowanvale congregation met regularly for worship with two services on a Sunday, regular midweek prayer meetings and a range of other activities in pursuit of the above stated aims. Grace Church Kilmacolm also met regularly for worship on each Sunday morning along with regular midweek meetings. The congregation continued as an active supporter of the Free Church of Scotland both spiritually and financially. Significant highlights, events and developments of note in the year included the following: - A new, part-time congregational administrator was appointed in the early part of 2024, providing invaluable support for all the activities of the Church. - Outreach to the local community was continued throughout the year with good connections being developed with local families through the 'Top Tots' mother and toddlers' group which continues to be particularly well attended. - The Partick Pantry (foodbank) also continued throughout the year, offering food and essential supplies to people in need in the local area and providing a safe and welcoming space for tea, coffee and conversation. Good relations have been developed with local businesses and agencies in support of this endeavour, and we are encouraged that some of the Pantry users also join us for Sunday worship. - The weekly outreach to International Students 'Glasgow International Conversations' was well attended during the year along with other regular events such as the Ladies Fellowship, the monthly Men's Breakfast and a regular programme of events for students and young workers. - Our home group Bible Studies increased in frequency to fortnightly over the second half of the year, with several, well attended groups meeting across the city. These groups provide the opportunity to meet for more informal study of the Bible and a time of prayer while helping to build deeper connections within the congregation. - We continued to partner with various mission organisations and enjoyed visits from several of these during the year who shared with us about their work across different parts of the world. - The Sunday Club met weekly during the Sunday morning service and we are thankful for the growth in the numbers of children attending weekly along with the volunteers who run both the Sunday Club and the crèche. The Sunday Club prizegiving was held in June along with a congregational lunch while the annual outing took place in August. - The Christianity Explored course was also held again during the year, providing an introduction to the Christian faith. This was well received by those who attended. - Various other activities and events were held during the year including our annual Christmas and Community Night, a Christmas dinner for over 60s, and monthly congregational lunches. - The project to develop plans for the refurbishment of the Dowanvale building continued throughout 2024. Initial plans, for which planning permission has been granted, have been considered to go beyond the current available budget. Therefore, a small project group continues to work with professional advisers to develop an affordable scheme that will meet the project brief. The trustees offer special thanks to all who have contributed so much to the work of the congregation throughout the year. This includes those who give their time and energy as volunteers with the various ministries noted above. It also includes those who contribute so generously with their finances to the work of the congregation, and those who pray faithfully for all aspects of the work. ## **FINANCIAL REVIEW** ## **Financial position** The financial statements for the year are set out in pages 6 to 15. The Statement of Financial Activities on page 6 reflects net incoming resources of £6,186 (2023, £25,205). Page 2 **DOWANVALE FREE CHURCH OF SCOTLAND** ## **REPORT OF THE TRUSTEES For The Year Ended 31 December 2024** ## **FINANCIAL REVIEW** ## **Principal funding sources** The congregation receives its funding by way of weekly/monthly offerings and gift aid donations. ## **Reserves policy** The main commitment against the congregation's general fund is its financial contribution to the funds of the Free Church of Scotland. The unrestricted funds were assessed as providing a sufficient balance to meet on-going opening commitments in the new year. Total reserves, including balances on restricted funds but excluding the book value of fixed assets amounted to £766,318 (2023, £759,301). ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** Dowanvale Free Church of Scotland is established by Constitution. ## **Trustees and Office Bearers** The church is Presbyterian in government and its day to day running is undertaken by the Elders (the Kirk Session) and the Deacons (the Deacons' court). The Deacons' Court's specific function relates to the material and financial business of the congregation, whereas Elders are charged with the general and spiritual oversight of the congregation (it is accepted practice for the Minister and Elders to also be in membership of the Deacons' Court). Under charity law the Deacons' Court are deemed to be the Trustees of the Congregation. (This is distinct from the role of congregational trustees responsible only for holding property in trust). ## **Congregational Trustees** For holding property: . ## **Appointment of Charity Trustees** The Kirk Session exercises its discretion in determining the most appropriate method of electing new Trustees (Elders and Deacons). Any election process must involve the communicant membership of the congregation. There is no fixed term for Trusteeship. Prior to their appointment, new Trustees would have served the Church for some time in various roles and would be familiar with the Church's values, its aims and objectives as well as its day-to-day operations. As part of their induction programme, new Trustees are required to understand their statutory responsibilities as well as their responsibility as Elder or Deacon. ## **Risk management** The Trustees assess the major risks to which the congregation is exposed on an ongoing basis and have established procedures to mitigate those that are identified as a result of these reviews. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Charity number** SC038274 ## **Principal address** 35 Dowanhill Street Partick Glasgow G11 5QR Page 3 **DOWANVALE FREE CHURCH OF SCOTLAND** **REPORT OF THE TRUSTEES For The Year Ended 31 December 2024** ## **Trustees** The Deacons' Court ( the Trustees ) who served during the year were as follows :- ## **Independent Examiner** Benham Conway & Co. Chartered Accountants 16 Royal Crescent Glasgow G3 7SL Approved by order of the board of trustees on 23 September 2025 and signed on its behalf by: Page 4 **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DOWANVALE FREE CHURCH OF SCOTLAND** I report on the accounts for the year ended 31 December 2024 set out on pages six to thirteen. ## **Respective responsibilities of trustees and examiner** The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention. ## **Basis of the independent examiner's report** My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention : - (1) which gives me reasonable cause to believe that, in any material respect, the requirements - to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and - to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations have not been met; or - (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Benham Conway & Co. Chartered Accountants 16 Royal Crescent Glasgow G3 7SL 23 September 2025 Page 5 ## **DOWANVALE FREE CHURCH OF SCOTLAND** ## **STATEMENT OF FINANCIAL ACTIVITIES For The Year Ended 31 December 2024** **----- Start of picture text -----**
31.12.24 31.12.23
Unrestricted Restricted Total Total
funds funds funds funds
Notes £ £ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 201,801 60,652 262,453 258,194
Investment income 2 18,392 - 18,392 11,568
Total 220,193 60,652 280,845 269,762
EXPENDITURE ON
Charitable activities
Direct charitable expenditure 236,751 37,908 274,659 244,557
NET INCOME/(EXPENDITURE) (16,558) 22,744 6,186 25,205
Transfers between funds 10 (3,814) 3,814 - -
Net movement in funds (20,372) 26,558 6,186 25,205
RECONCILIATION OF FUNDS
Total funds brought forward 582,092 460,530 1,042,622 1,017,417
TOTAL FUNDS CARRIED FORWARD 561,720 487,088 1,048,808 1,042,622
**----- End of picture text -----**
The notes form part of these financial statements Page 6 ## **DOWANVALE FREE CHURCH OF SCOTLAND** ## **BALANCE SHEET 31 December 2024** **----- Start of picture text -----**
31.12.24 31.12.23
Notes £ £
FIXED ASSETS
Tangible assets 6 282,490 283,321
CURRENT ASSETS
Debtors 7 436,063 484,731
Cash at bank 345,999 294,106
782,062 778,837
CREDITORS
Amounts falling due within one year 8 (15,744) (19,536)
NET CURRENT ASSETS 766,318 759,301
TOTAL ASSETS LESS CURRENT
LIABILITIES 1,048,808 1,042,622
NET ASSETS 1,048,808 1,042,622
FUNDS 10
Unrestricted funds 561,720 582,092
Restricted funds 487,088 460,530
TOTAL FUNDS 1,048,808 1,042,622
**----- End of picture text -----**
The financial statements were approved by the Board of Trustees and authorised for issue on 23 September 2025 and were signed on its behalf by: The notes form part of these financial statements Page 7 **DOWANVALE FREE CHURCH OF SCOTLAND** ## **NOTES TO THE FINANCIAL STATEMENTS For The Year Ended 31 December 2024** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities and Trustee Investment (Scotland) Act 2005. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** 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 a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset less estimated residual value over its estimated useful life. Freehold property - 0% on cost Improvements to property - 10% on cost Equipment - 25% on cost Fixtures and fittings - 25% on cost ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Designated funds represent unrestricted funds which have been earmarked by the trustees for particular purposes. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Pension costs and other post-retirement benefits** The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. ## **Government grants** Government grants in respect of capital expenditure are treated as deferred income and are credited to the profit and loss account over the estimated useful life of the asset to which they relate or twenty years, whichever is shorter. Government grants in respect of revenue expenditure are credited to the profit and loss account in the year to which they relate. continued... Page 8 DOWAYJ VALE FREE CHURCH OF SCOTLAND NOTES TO THE FINANCIAL STATEMENTS- colltiDued Fol. The YeaT EDded 31 DefembeT 2024 INVESTMENT ThCOI 31.12.24 3l.l2.23 Bat]k tnterest Othei [nt￿eSt ijio 16.482 1.342 10.226 18J92 11,568 TRUSTEES, REMUTr1￿RAT[ON A]¥D BENEF￿s Durixi8 tlie year rellillt￿r3t10n of £2,600 was paid to tee. for services relldered. (2023. £2,600 was paid to Trustees, expenses There were llo tn]stees' eXpe￿SeS paid for the year ended 31 Decenther 2024 llor for tbe year ended 31 Decenkner 2023. STAFF COSTS The average monthly number of enwloyees dwing the year was as follows". 31.12.24 31.12.23 Staff No en)ployees received en￿)1￿mentS in excess of £60.000. COMPARATIVES FOR THE STATEMENT OF FINANCLIL ACTIVITIES Unrestricted fLULds Restticted fLuML5 Total funds 4COME AND E￿￿0￿MENts FROM Dtsnatiol￿ ￿ld legacies 212,080 46,114 258,194 Investtllettl incoxne 11,568 11,568 Tot&1 223,648 46.114 269,762 EXPE￿D1TuRE ON chArit￿ble Acti￿lIeS Direcl chaTitsble expenth'tute 209.165 35.392 244.557 T INCONIE Tr4nsfer$ between thlld$ 14,483 (4,006) 10,722 4,(K)6 25,205 Net movèment In funds 10,477 14,728 25,205 RECONCILIAIIOI% OF FUNDS Toial fll[￿S broushi fonvard 571.615 445.802 1.017.417 TOTAL FUNDS CARRIED FORWARD 582.092 460.530 1.042.622 Pa8e 9 continlled... ## **DOWANVALE FREE CHURCH OF SCOTLAND** ## **NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2024** ## **6. TANGIBLE FIXED ASSETS** |**COST**
At 1 January 2024 and
31 December 2024
**DEPRECIATION**
At 1 January 2024
Charge for year
At 31 December 2024
**NET BOOK VALUE**
At 31 December 2024
At 31 December 2023|Improvements
Freehold
to
property
property
£
£
**281,250**
**10,240**
**-**
**10,240**
**-**
**-**
**-**
**10,240**
**281,250**
**-**
281,250
-|Equipment
£
**24,685**
**22,614**
**831**
**23,445**
**1,240**
2,071|Fixtures
and
fittings
£
**19,715**
**19,715**
**-**
**19,715**
**-**
-|Totals
£
**335,890**
**52,569**
**831**
**53,400**
**282,490**
283,321| |---|---|---|---|---| Freehold property in the balance sheet consists of the church buildings at 35 Dowanhill Street and the manse property at 19 Laurel Park Close, Glasgow which are both stated at cost. The property at 35 Dowanhill Street was purchased in 1935 for £1,250. This does not provide any meaningful guide to the current value of these buildings and is stated for information only. ## **7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Other debtors
**8.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Other creditors
**9.**
**ANALYSIS OF NET ASSETS BETWEEN FUNDS**
Unrestricted
Restricted
funds
funds
£
£
Fixed assets
**282,490**
**-**
Current assets
**294,974**
**487,088**
Current liabilities
**(15,744)**
**-**
**561,720**
**487,088**|**31.12.24**
**£**
**436,063**
**31.12.24**
**£**
**326**
**15,418**
**15,744**
**31.12.24**
Total
funds
**£**
**282,490**
**782,062**
**(15,744)**
**1,048,808**|31.12.23
£
484,731
31.12.23
£
2,027
17,509
19,536
31.12.23
Total
funds
£
283,321
778,837
(19,536)
1,042,622| |---|---|---| continued... Page 10 **DOWANVALE FREE CHURCH OF SCOTLAND** ## **NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2024** ## **10. MOVEMENT IN FUNDS** |**Unrestricted funds**
General fund
Assets Fund
Fabric Fund
**Restricted funds**
Grace Church
Local Mission
Mission Work Fund
Building Refurbishment Fund
Food Bank Fund
**TOTAL FUNDS**
Net movement in funds, included in the above ar
**Unrestricted funds**
General fund
Fabric Fund
**Restricted funds**
Grace Church
Local Mission
Building Refurbishment Fund
Food Bank Fund
**TOTAL FUNDS**|At 1.1.24
£
**202,446**
**281,250**
**98,396**
**582,092**
**145,643**
**-**
**312,177**
**-**
**2,710**
**460,530**
**1,042,622**
e as follows:||Net
movement
in funds
£
**(9,493)**
**-**
**(7,065)**
**(16,558)**
**14,226**
**10,983**
**-**
**(3,814)**
**1,349**
**22,744**
**6,186**
Incoming
resources
£
**213,311**
**6,882**
**220,193**
**22,094**
**13,393**
**16,182**
**8,983**
**60,652**
**280,845**||Transfers
between
funds
£
**(3,814)**
**-**
**-**
**(3,814)**
**-**
**-**
**-**
**3,814**
**-**
**3,814**
**-**
Resources
expended
£
**(222,804)**
**(13,947)**
**(236,751)**
**(7,868)**
**(2,410)**
**(19,996)**
**(7,634)**
**(37,908)**
**(274,659)**|At
31.12.24
£
**189,139**
**281,250**
**91,331**
**561,720**
**159,869**
**10,983**
**312,177**
**-**
**4,059**
**487,088**
**1,048,808**
Movement
in funds
£
**(9,493)**
**(7,065)**
**(16,558)**
**14,226**
**10,983**
**(3,814)**
**1,349**
**22,744**
**6,186**| |---|---|---|---|---|---|---| continued... Page 11 **DOWANVALE FREE CHURCH OF SCOTLAND** ## **NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2024** ## **10. MOVEMENT IN FUNDS - continued** ## **Comparatives for movement in funds** |**Unrestricted funds**
General fund
Assets Fund
Fabric Fund
**Restricted funds**
Grace Church
Mission Work Fund
Building Refurbishment Fund
Food Bank Fund
**TOTAL FUNDS**|At 1.1.23
£
185,193
281,250
105,172
571,615
126,574
312,177
-
7,051
445,802
1,017,417|Net
movement
in funds
£
21,259
-
(6,776)
14,483
19,069
-
(4,006)
(4,341)
10,722
25,205|Transfers
between
funds
£
(4,006)
-
-
(4,006)
-
-
4,006
-
4,006
-|At
31.12.23
£
202,446
281,250
98,396
582,092
145,643
312,177
-
2,710
460,530
1,042,622| |---|---|---|---|---| Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
Fabric Fund
**Restricted funds**
Grace Church
Building Refurbishment Fund
Food Bank Fund
**TOTAL FUNDS**|Incoming
resources
£
219,288
4,360
223,648
26,533
8,795
10,786
46,114
269,762|Resources
Movemen
expended
in funds
£
£
(198,029)
21,259
(11,136)
(6,776)
(209,165)
14,483
(7,464)
19,069
(12,801)
(4,006)
(15,127)
(4,341)
(35,392)
10,722
(244,557)
25,205| |---|---|---| Explanation of funds The General Fund encompasses all income and expenditure relating to the primary focus activities of the charity, other than those for which funding is restricted. The Assets Fund represents the value of unrestricted funds tied up in fixed assets, which would not be readily convertible into cash. The Fabric Fund represents the balance of the surpluses generated from disposal of properties in prior years which trustees agreed to designate as part of overall congregational Fabric Funds. The Grace Church Fund represents monies held on behalf of Grace Church, Kilmacolm. continued... Page 12 **DOWANVALE FREE CHURCH OF SCOTLAND** ## **NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2024** ## **10. MOVEMENT IN FUNDS - continued** The Local Mission Fund represents monies given for specific mission and evangelistic activities local to the congregation in Dowanvale. The Mission Work Fund represents the proceeds from the sale of 17 Strathcarron Drive, Paisley and sale of 9 Silk Street, Paisley. The funds are held by the Central office of the Free Church of Scotland and can only be used by Dowanvale Free Church for mission work. The Building Refurbishment Fund represents monies restricted for use in the Dowanhill Street Church building refurbishment project. This will also include professional service fees associated with the project. The Food Bank Fund represents monies restricted for use in food provision to the community. ## **11. RELATED PARTY DISCLOSURES** During the year included in donations is £86,511 (2023, £74,855) received without conditions from trustees and their close family members. During the year payments of £5,282 (2023, £4,004) were made to trustees and their close family members for services rendered. Page 13 **DOWANVALE FREE CHURCH OF SCOTLAND** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES For The Year Ended 31 December 2024** |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Door Collection
Freewill Offering
Fabric Fund
Gift Aid Tax Reclaim
Publications
Grace Church
Special Collections/Donations
Local Mission
Building Refurbishment
Food Bank Donations|31.12.24
£
**29,360**
**140,798**
**4,830**
**35,522**
**-**
**22,095**
**1,145**
**9,033**
**10,985**
**8,685**|31.12.23
£
23,314
134,467
4,360
40,925
409
23,229
3,017
8,892
8,795
10,786| |---|---|---| |**Investment income**
Bank Interest
Other Interest|**262,453**
**1,910**
**16,482**|258,194
1,342
10,226| ||**18,392**|11,568| |**Total incoming resources**|**280,845**|269,762| |**EXPENDITURE**||| |**Charitable activities**||| |Trustees' Salaries|**2,600**|2,600| |Other Salaries|**15,440**|19,884| |Social Security|**787**|490| |Pensions|**1,544**|1,850| |Contribution to Central Funds|**113,960**|106,952| |Presbytery Expenses|**2,712**|1,644| |Publications (Magazines)|**847**|689| |S.School/Church Camps etc|**1,084**|1,709| |Youth Club Supplies|**-**|52| |Youth Fellowship|**-**|79| |Mother & Toddlers|**386**|403| |Stationery & Postage|**3,284**|1,846| |Church Telephone/Website|**1,953**|1,104| |Rent|**21,858**|12,598| |Catering/Kitchen Supplies|**4,434**|4,037| |Miscellaneous Expenses|**1,324**|789| |Cleaning|**6,746**|4,150| |Salary Administration|**125**|190| |Depreciation - Property Improvements|**-**|1,024| |Depreciation - Equipment|**831**|1,039| |Heat & Light|**16,016**|12,445| |Carried forward|**195,931**|175,574| This page does not form part of the statutory financial statements Page 14 ## **DOWANVALE FREE CHURCH OF SCOTLAND** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES For The Year Ended 31 December 2024** **----- Start of picture text -----**
31.12.24 31.12.23
£ £
Charitable activities
Brought forward 195,931 175,574
Council Tax & Water Rates 5,356 5,255
Insurance 5,835 6,034
Repairs & Maintenance 15,057 7,679
Visiting Preachers' Expenses 1,732 1,730
Grace Church Expenses 7,183 7,464
Building Refurbishment Costs and Associated
Fees 19,996 12,801
Food Bank Expenses 7,529 15,127
Donations 4,444 6,095
-
Training 1,468
Mercy Mission 115 76
Outreach 5,753 4,575
Motor and Travel 2,310 197
272,709 242,607
Support costs
Governance costs
Accountancy 1,950 1,950
Total resources expended 274,659 244,557
Net income 6,186 25,205
**----- End of picture text -----**
This page does not form part of the statutory financial statements Page 15