**REGISTERED CHARITY NUMBER: SC045774** ## **Report of the Trustees and** **Unaudited Financial Statements for the Year Ended 31 December 2024** ## **for** ## **GRACE CHURCH LEITH** Mann Judd Gordon Ltd Chartered Accountants 26 Lewis Street Stornoway Isle of Lewis HS1 2JF **GRACE CHURCH LEITH** ## **Contents of the Financial Statements for the Year Ended 31 December 2024** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|3| |**Independent Examiner's Report**||4|| |**Statement of Financial Activities**||5|| |**Balance Sheet**||6|| |**Notes to the Financial Statements**|7|to|14| |**Detailed Statement of Financial Activities**||15|| **GRACE CHURCH LEITH** ## **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** ## **Aims and Affiliation** Grace Church Leith Free Church of Scotland is a congregation of the Free Church of Scotland working towards the common aims set out below. 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 document is available on request from the Free Church of Scotland, 15 North Bank St., The Mound, Edinburgh, EH1 2LS. The Free Church of Scotland currently has over 100 congregations in Scotland, as well as one in London and four in North America, and sister Churches founded by mission work in India, Peru and South Africa. The Church also has a seminary in Edinburgh for the training of ministers and other Christian workers and sustains an extensive missionary programme relative to the size of the church. The principal activity of the Church is the conduct of public worship and associated matters in the context of local congregations. Dating from 1843 but with its roots in the Reformation, the Free Church of Scotland 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. The congregation is authorised by the Church to have a minister paid from central funds of the Church. Page 1 **GRACE CHURCH LEITH** ## **Report of the Trustees for the Year Ended 31 December 2024** ## **ACHIEVEMENT AND PERFORMANCE** ## **Charitable activities** During the year, the congregation met regularly for public 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. Significant highlights, events and developments of note over the year include the following: - ## In relation to **congregational activities** : - Membership at end of 2024 was 52 with 20 adherents. - Wee Leithers, our mums and toddlers club, met consistently during the year with an average attendance of 50 parents and 50 children. - We had a retreat in February 2024 with 80 in attendance. - We run a Conversation Café where non- native English speakers get the opportunity to practice their English with members of the church. - We are grateful for all our members who are engaged with Safe Families for Children. This is a tangible example of the way members of GCL are blessing those in the community around us. - Over the course of the past year, our youth group has had opportunities to partner with other youth groups in the city to allow our children to form relationships with other Christian children in the city. - It has been encouraging to see the building used for a number of one off events to support wider ministries such as a Josh Garrells Concert. In the past year, the Free Church has used the building for Minister's training events and youth events. Bethany Christian Trust have been hosting meetings weekly in the building for those struggling with addiction. We also began partnering with Soul Food in July 2024 to host a weekly meal that serves 80-100 isolated, elderly and homeless people. ## In relation to **congregational funding** : - An increase in donations from church members via regular standing orders compared to the previous year. - An increase in donations from US-based individuals. - An increase in rental income generated by the church premises. ## **FINANCIAL REVIEW** ## **Results for the year** As a result of a surplus for the year of £28,416 the church held total funds amounting to £543,406 at the end of the year. That consisted of a General Fund amounting to £16,232 and restricted funds totalling £527,174. The trustees are satisfied with the level of reserves retained by the charity. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Status of Charity and Governing Document** Grace Church Leith Free Church of Scotland is established by Constitution. It is a registered Scottish Charity (No. SC045774). ## **Recruitment and appointment of new 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 the responsibilities of their office within the congregation as elder or deacon. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** SC045774 Page 2 **GRACE CHURCH LEITH** ## **Report of the Trustees for the Year Ended 31 December 2024** ## **Principal address** ## **Trustees** The congregation is governed and administered by elected office bearers (all volunteers) and its minister.The Kirk Session, being the minister and elected elders, has responsibility for spiritual oversight and financial matters. Under Charity Law, the Kirk Session are deemed to be the trustees of the congregation as those with responsibility for day to day management and control. The members of the Finance Committee (the Trustees) who served during the year were as follows:- Elders: K McGibbon, A Duckering, K Macleod Minister: Rev A Rennie ## **Independent Examiner** Mann Judd Gordon Ltd Chartered Accountants 26 Lewis Street Stornoway Isle of Lewis HS1 2JF Approved by order of the board of trustees on 17 June 2025 and signed on its behalf by: Page 3 ## **Independent Examiner's Report to the Trustees of Grace Church Leith** I report on the accounts for the year ended 31 December 2024 set out on pages five to fourteen. ## **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. The Institute of Chartered Accountants of Scotland Mann Judd Gordon Ltd Chartered Accountants 26 Lewis Street Stornoway Isle of Lewis HS1 2JF 17 June 2025 Page 4 GKICE CHtTRCH LEITH St#iement ofFlllaD¢lal Actlwlile$ r•i' the Year Ended 31 December 2024 31.12.24 Total [￿d5 31.12.23 Total fullds Unrestricted Restricted fimds Notes INCOME AND E￿￿￿0￿}￿￿ENTs FROM Dollations alld legacies 62.992 113.960 176.952 149.093 Charitable artiTrTrties Charitable actiiities 10,000 10,000 Other trading actiiities 989 989 1,745 Total 63,981 123,960 187.941 150,838 ChAritAble actiiTrties Central Fullds Chantable actiiities Staffillg costs 41.390 18.196 470 41.390 91.231 26.904 37.465 84.923 25.389 73.035 26.434 Total 60,056 99.469 159.525 147,777 NET INCOME 3,925 24,491 28,416 3,061 RECONCILIATION OF FUI¥DS Total funds brousbt foThvard 12.307 502.683 514.990 51 1,929 TOTAL FUNDS CARRIED FORWARD 16.232 527.174 543.406 514.990 The notes forni part of these kncial statements Pa8e 5 GKICE CHtTRCH LEITH B*l#llce Sheet 31 December 2024 31.12.24 Total [￿d5 31.12.23 Total fullds Unrestricted Restricted fimds Notes FIXED ASSETS Tallgible assets 3.069 903.557 906.626 912.3 12 CiJRRENT ASSETS tkbtots Cash at bank and in halld 7,295 6,706 7.295 49,561 7,536 38,740 42.855 14,001 42,855 56,856 46,276 CREDTTORS fallin8 due within one year io (838) (44,649) (45,487) (49,640) NET CIRRENT ASSETS 13,163 (1.794) 11.369 (3.364) TOTAL ASSETS LESS CURRENT LLIBILTfiES 16,232 901.763 917,995 908,948 CRED￿oRs Ajnollnts E311in8 due aft¢r nKkre than one year (374,589) (374.589) (393,958) NET ASSETS 16.232 527.174 543.406 514,990 FUNDS Untestricted fi￿d5 Reslricted funds 13 16.232 527.174 12.307 502.683 TOTAL FUNDS 543.406 514.990 The fiiiancial State￿¢￿¢5 Mrie appioved by the Board of Tr￿tte$ and authorised for issue on 17 June 2025 and were Si￿1ed on its be1￿]f by.. The notes forni part of these kncial statements Pa8e 6 **GRACE CHURCH LEITH** ## **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. The presentation currency of the accounts is Pound sterling (£). The accounts are rounded to the nearest £1 The Charity is a going concern and there are no material uncertainties casting significant doubt over its ability to continue as a going concern. ## **Critical accounting judgements and key sources of estimation uncertainty** Fixed asset net book value and depreciation charges are the areas of the accounts which are affected by significant judgements and estimates. The trustees exercise judgement in determining both the useful economic life and the likely residual value of the charity's assets. This judgement affects the rates of and charge for depreciation as well as grant release in the accounts for the year. It also therefore affects the net book value of the assets in the balance sheet. ## **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. Income from government and other grants, whether capital grants or revenue grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. ## **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. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Freehold property - not provided Plant and machinery - 20% depreciation on cost Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease. ## **Taxation** The charity is exempt from tax on its charitable activities. continued... Page 7 GKICE CHtTRCH LEITH Note$ to tbe Fln#ll¢lal St#ien)elli$- ¢ollilnued r•i' the Year Ended 31 December 2024 ACCoU￿G POLICIES- eontlnuod Fund ateounting Unrestricted fill￿5 call be used in accordallce with tbe clwitable Objecti￿￿5 at tlLe discretion of the trnslees. Reslricted fl￿dS call only be ￿Sed for particular reslricted pury>oses Thithitl the objects of the chatity. RestrictiOll5 arise ithen specified bythe donoi oi when fimds are raised forparticular restiicted pUry￿￿es. Further explanation of the nature ar￿ puryose of each fiu￿ is itlcluded in the noles to the fitwKial slatetnents. Debtors #lld credltors D¢btors ￿la ¢reth'tors ￿1th no slat¢d int¢r¢st rate and re¢eiwable or p3yabl¢ ￿rythin oiie y¢ar are re¢orded at tr3x)saction price. Any losses arisiti8 from ill4)axnneftit are recoBtllsed in rtie Stalemetst of Fxll3ncial ActiKities. Do￿ATIONs ANJ D IIGACIES 3l.l2.24 3l.l2.23 Off￿]]￿ alld dollation5 Gift aid Propety Fund donatiolls Care Teani Fulld Millistei's HO￿51￿1g Allow Fwid Apptentice Fund donations 67.678 18.181 67.135 47.490 16.288 63.164 2.691 19.460 20,295 3,663 176,952 149.093 31.12.24 31.12.23 Miscellalleou5 itleome 989 1.745 INCOME FROM c&￿R￿ABLE ACTIvrriES 31.12.24 31.12.23 Actiiity Charitsble actisities GTants 10.000 Grants receii'ed, itteluded in the a1X)￿e, are as follows.. 31.12.24 3l.l2.23 Sychar Gospel F￿d io.000 Page 8 Continued... GKICE CHtTRCH LEITH Note$ to tbe Fln#ll¢lal St#ien)elli$- ¢ollilnued r•i' the Year Ended 31 December 2024 GRANTS PAYABi 3l.l2.24 31.12.23 Clwitable acti￿￿tieS 1.840 1.800 The total Srdllts paid to institutions th]ring tbe yeat was as loll0￿5.. 31.12.24 31.12.23 Acts 29 Western Europe Big GiTre Edinburgh 1,690 150 1,800 1,840 1.800 TRUSIEES, REMUliERATION AND BENEFITS The n]inister ￿,85 paid frojn the Free Church of sCotL￿d central fimds for bis office as minister and was reinknutsed by the Con￿?atiOn for expe1￿5 ineunEd in that role. ineludJn8 housJn8 all0￿￿nce as the congtegation does llot haNe a n]anse. 31.12.24 31.12.23 hoiising allou'ance allom'ance foi Council tax. electsi¢ity and gas bills 22.681 21.636 4.098 3.752 26.779 25.388 Trustees. Èxpenses DuTill8 the year. three trustees ￿eel￿ed £6.46l. £l.299 alld £150 Iespectivety in reill￿￿rSed expenses (2023.. two trLLStee5 receiTr"ed £9.075 alld £1.261 respectii"elyl. COMPARATIVES FOR THE STATEMENT OF FINANCLIL ACTIVITIES Unrestricted Restsycted fi￿dS Total fl￿dS ¥COME AND E￿￿0￿MENts FROM Donations and le8acxes 54,201 94,892 149,093 Other tradin8 aCti￿.ItieS 1,745 1,745 Tot&1 55.946 94.892 150.838 LXPEhT)ITURE ON CbaTltable acti￿lIeS Ceiitral Funds awitable actiiities Staffmg costs 37,465 20,545 37,465 84,923 25,389 64,378 25,389 Tot>il 58,010 89,767 147,777 I¥ET tNCOMEI(EXPENDTtURE) (2.064) 5,125 3,061 Page 9 Continued... GKICE CHtTRCH LEITH Note$ to tbe Fln#ll¢lal St#ien)elli$- ¢ollilnued r•i' the Year Ended 31 December 2024 COMPARATIVES FOR THE STATEMENT OF FINANCLiL ACTIVITIES. Contlnued Unrestricted Restricted fill fi￿d5 Total fullds RECONCILIATIOli OF FUNDS Toial fU[￿S broughi forward 14.371 497.558 511.929 TOTAL FUNDS CARRIED FORWARD 12,307 502,683 514,990 TANGIBiE FIXED ASSETS Free1￿Id propety Plallt alld ￿￿e￿illery Totals COST At l January 2024 Additiolls 890,680 34.821 1.299 925.501 1.299 At 31 DeceD]ber 2024 890.680 36.120 926.8(M) DEPRECIATION At l J￿)Uary 2024 ClJar8e for year l3.189 6.985 13.189 6.985 At 31 I)ecember 2024 20.174 20.174 T BOOK VALUE At 31 December 2024 890.680 15.946 906.626 At 31 Decenther 2023 890.680 21.632 912.312 DEBTORS: AMOUNTS FALLING DUE WTfHtN ONE YEAR 31.12.24 31.12.23 Other debtors Gift aid debtor 2.954 4.341 3,300 4.236 7,295 7,536 Page 10 Continued... GKICE CHtTRCH LEITH Note$ to tbe Fln#ll¢lal St#ien)elli$- ¢ollilnued r•i' the Year Ended 31 December 2024 10. CREDTTORS: AMOUIYTS FALLING DUE WTTHtN ONE YEAR 3l.l2.24 31.12.23 Bat]k loalls and O￿erd[afiS (see note 12) Trade ueditors Other creditors 21.840 21.840 3.766 24.034 23.647 45.487 49.640 11. CREDttORS: AMOUNtS FALLINGDUE AFTER MORE THAN YEAR 31 l224 31.12.23 Bank 108ns (see ￿te 12) Other creditors 336.589 38,000 355.958 38.0(X) 374.589 393.958 12. LOANS aDaliEis of the ll]alwity of loans is gI￿ell below. 31.12.24 31.12.23 AxTh)utits fallitl8 dlle withiii on¢ year oil d¢matsd.. SteM'3r(&hip xnort8a8e 21,840 21,840 All￿u￿ts falliti8 thie between two and five years.. ste￿ardshIp xnort8ase 87,360 87,360 AllU>￿ts faUin8 due in more thall fiNe yeats.. Repayable by instal￿ents.. Stewatds1)ip mortgage (hl)eT loalls 249.229 38.000 287,229 268.598 38.000 306.598 Duritig 2021 the charity was in receipt of 3 loan of £435.000 froiii Stem'ardship Sernices [￿T) Liiiiited to be repaid xiM)ntbly over a period of 15 years. The initial interest rate was 4.250/0 per awiutn. The rate is kariable on oIie ti)oiiili's Ilolice Tlie loan is secured by means of a fjrst Lesal aw8e oi'er the premises DuTill8 2020 tbe cl]arity was ill receipt of all unsecured, interest free loall of £38.000 for ￿hle￿ no repairynent is required for the first 10 years. with the repayn￿llt then spread monthly I￿taIn]ents oi"eT 5 years aft￿ the 10 yeats bas elapsed. Pagell Continued... **GRACE CHURCH LEITH** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2024** ## **13. MOVEMENT IN FUNDS** |**Unrestricted funds**
General Fund
**Restricted funds**
Property Fund
Care Team Fund
Minister's Housing Allowance Fund
Apprentice Fund
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General Fund
**Restricted funds**
Property Fund
Care Team Fund
Minister's Housing Allowance Fund
Apprentice Fund
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General Fund
**Restricted funds**
Property Fund
Care Team Fund
Minister's Housing Allowance Fund
Apprentice Fund
**TOTAL FUNDS**|At 1.1.24
£
12,307
484,991
4,238
12,610
844
502,683
514,990
Incoming
resources
£
63,981
84,928
-
25,370
13,662
123,960
187,941
At 1.1.23
£
14,371
479,282
3,718
13,714
844
497,558
511,929|Net
movement
At
in funds
31.12.24
£
£
3,925
16,232
18,048
503,039
(1,276)
2,962
(1,064)
11,546
8,783
9,627
24,491
527,174
28,416
543,406
Resources
Movement
expended
in funds
£
£
(60,056)
3,925
(66,880)
18,048
(1,276)
(1,276)
(26,434)
(1,064)
(4,879)
8,783
(99,469)
24,491
(159,525)
28,416
Net
movement
At
in funds
31.12.23
£
£
(2,064)
12,307
5,709
484,991
520
4,238
(1,104)
12,610
-
844
5,125
502,683
3,061
514,990| |---|---|---| continued... Page 12 **GRACE CHURCH LEITH** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2024** ## **13. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General Fund
**Restricted funds**
Property Fund
Care Team Fund
Minister's Housing Allowance Fund
**TOTAL FUNDS**|Incoming
resources
£
55,946
67,546
3,061
24,285
94,892
150,838|Resources
Movement
expended
in funds
£
£
(58,010)
(2,064)
(61,837)
5,709
(2,541)
520
(25,389)
(1,104)
(89,767)
5,125
(147,777)
3,061| |---|---|---| A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General Fund
**Restricted funds**
Property Fund
Care Team Fund
Minister's Housing Allowance Fund
Apprentice Fund
**TOTAL FUNDS**|At 1.1.23
£
14,371
479,282
3,718
13,714
844
497,558
511,929|Net
movement
in funds
£
1,861
23,757
(756)
(2,168)
8,783
29,616
31,477|At
31.12.24
£
16,232
503,039
2,962
11,546
9,627
527,174
543,406| |---|---|---|---| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**
General Fund
**Restricted funds**
Property Fund
Care Team Fund
Minister's Housing Allowance Fund
Apprentice Fund
**TOTAL FUNDS**|Incoming
resources
£
119,927
152,474
3,061
49,655
13,662
218,852
338,779|Resources
Movement
expended
in funds
£
£
(118,066)
1,861
(128,717)
23,757
(3,817)
(756)
(51,823)
(2,168)
(4,879)
8,783
(189,236)
29,616
(307,302)
31,477| |---|---|---| continued... Page 13 **GRACE CHURCH LEITH** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2024** ## **14. RELATED PARTY DISCLOSURES** Included within creditors falling due after one year is a loan from one of the trustees, The repayment terms are detailed in the "Loans" note. , ## **15. EXPLANATION OF FUNDS** General Fund - represents funds to be used for general purposes - e.g. payments to attend the Church annual weekend away. Minister's Housing Allowance Fund - represents funds donated to the Church to be used to fund the minister's housing allowance and to cover the minister's costs for council tax, electricity and gas bills. Property Fund - represents funds donated to the Church to be used to cover the running costs of our building such as electricity, repairs & maintenance and the like and the mortgage thereon Care Team Fund - represents funds donated to the Church to be used to provide financial assistance to those in the Church or in the wider community who have a significant need. The Care Team are responsible for deciding how these funds are used. Apprentice Fund - represents funds donated to the Church to be used for the salary and staff costs relating to our Ministry Apprentice. Page 14 GKICE CHtTRCH LEITH Detalled St#iement ofFlllan¢lal Actlwltles r•i' the Year Ended 31 December 2024 31.12.24 Total 3l.l2.23 Total fllllds Unrestricted Restricted fimds INCOIIE AND E￿￿￿0￿}￿￿ENTs DonAtioDS legaries Offering5 and donations Gift aid Property Fund doi]atiolls Care Te￿n Fund Minist¢r's Housuis Allow Fund Appr¢nii¢e Fulld donatioi 54.069 8,923 13.609 9.258 67,135 67.678 18,181 67,135 47.490 16.288 63.164 2.691 19,460 20,295 3,663 20,295 3,663 62,992 113,960 176,952 149.093 Other trndillg Aetiiryties Miscellaneous income 989 989 1.745 Charitable artiTrTrties 10.000 io,(K)o Total KDfOKDiug Te50urres 63,981 123.960 187,941 150,838 ChArfitAble x¢t1￿lIeS Free Church Jnillister and admin￿tration levies Other salaries & Staff Costs Cate Team Fund Property Costs MillL5ty EkTellses Accountancy Sundry Expenses pl￿1t and inachillery Nfortgage iiittrest Grants to institutions 41.390 41.390 29.209 1.276 31.471 16.267 1,536 177 6,986 29,373 1,840 37.465 25.389 2.541 28264 16.881 1.260 335 6.683 27.159 1.800 29209 1276 31.093 2.104 378 14.163 1.536 177 572 6.414 29,373 1,840 60,056 99,469 159,525 147,777 Total resources expended 60,056 99.469 159,525 147.777 Net illeolne 3.925 24.491 28.416 3.061 This page does not fonn part of the statutory fiDancial stateD]ellts Page 15