Scotlish Charity No. SC046474 Christ Church Edinburgh Trustees, Report and Financial Statements For the year to 31 December 2024 l+P Innes & Partners rtered CErtif*d IXn1ts
Christ Church Edinbur Contents of the Financial Sfatementsfor iheyear to 3] December 2024 Page Report of the Trustees Report of the Independent Examiner R¢IptS and Paym¢nts Account Statement of Balances Notes to the Finan¢ial Slat¢ments
Christ Church Edinbur Report of the Trusteesfor (he year lo 31 December 2024 The Trustees (Finance Committee) are pleased to present their report together with the finanrial ststeTllents of the con8re8&tion for the year to 31 December 2024. Rt2istered office Bankers The Royal Bank of Scotland plc 30 Nicolson Sirect Edinburgh EH8 9DL Solicitors Fraser Munro {Legal & Compliance Olcer) Fr¢¢ chUh of Scotland The Mound, Edinburgh EHI 2LS St*tU8 of Charity and Goverming Documell¢ Christ Church Edinburgh 15 a registered Scottish charity (Number SC046474h and is a congregation of the Fr Church of Scotland. a Presbytcrian Church adhering in its worship and doclrino to the position of the Church of Scotland at the Refomiation. The Free Church of Scotland has an explanatory d¢xumenl whi¢h explains the origins of tk¢ Church and which gives the historical background lo lh¢ Church ¢oming into being in 1843 and lists documents in which is cmFrf)died ih¢ ¢on5titUlion of the Church. The 8overnment of the Free Church of Scotland is Presbiterian and th¢ congregaiion is within the Presbytery of Edinburgh and P¢rth. Christ Church FAlinburgh WAS a church plant from St Columba's Fre¢ Church of Scoiland. It was ¢on$tituted in it5 own ri8ht on 16 April 2016. The financcs w¢re included in Si Columba's accounts Lintil 30 November 2016 when a balance transferred over to the chartty. We have been op¢ratin8 independently since thai date. Th¢ Kirk Session is responsible for ihe spiritual oversight of th¥ ¢ungregalion. Th¢ adminiglration of the finances and property of the congregation is the reSnsIbIlity of the Finance Committee, which is elected by Ihe members of the congregation, under the supervisian of the KiTk Session. Th¢ congregation is authorised by the Church to have a minister paid fmm the central funds of the Church. Objeetives and aims The principal objectives of the Free Church of S¢otland and this congregation are the publi¢ worship of G¢)d. the sPreEIll8 of the Gospel of Jesus ChrisL the exercise of pastoral care and the provision of practical compassion for thos¢ in n¢¢d. Truslees Finance Commiliee Offlce béarers Minister Treasurer Session Clerk Page I
Christ Church Edinbur Report of tbe Trusteesfor the year lo 31 December 2024 Recruitmentlgppointment of Trustees and oftfice Bearers The Trustees of the congregation are the office-bearers: the minister. elders &nd Tnembers who make up the Finance Committee. The Kirk Session, comprised of the elders and minister, decides when an election of elders is required and how many ought to be appointed. All male m¢mb¢rs of th¢ ¢ongJEgation ovcr thc age of 21 &re eligible for election. All m¢mkrs of Ihe congregalion are eli8iblc to vote in the election. following th¢ ¢l¢¢liofy the Kirk Session appoints the requisite number of olce-bearcrS arhd these are ordained and inducted by thc minister. The minister is appointed in a different way. Ministers elected by the congregation, but they ordained and inducted by the Psbytery of Edinburgh and Perth (a representative body of ministers and elders from all the Free Chuwhes in that area). o1CC-bearS must b¢ familiar with the doctrines and practice of the Free Church of Scotland and subscribe to th¢ fomula (a summary of the docirine of the Church). The title deeds to the properry owned by the church are held in ihe names of the tiVe Trust¢es. Induetion and trnitting New members of the F inance Committee are given a¢c¢ss to minut¢s, financial statements and other papers of th¢ Committee to familiarise themselves with the work of the Committe¢ and they meet with the other members. Th¢y llre also 8iven inforniation regarding theiT role and responsibililies. Existiiig members of Ihc Fiiiancc Committce arc familiar with the work of the eongrcgation and havc been bricfed vn iheir dulles and responsibilili¢s under ilig Charities and Trust Inveslment (Scotland) Act 2005, If any areas are identified where addirional training is requird. this is discussed at a meeling of the Committee 8nd a suitable solution identified and implement¢d. Prlnclpal 84Ctlvltles Christ Church FAinburgh is a Christian community whose principal Aim iq to encourage people to respond more fully in faith lo Ihe love of God shown to us in the gospel of Jesus Christ. The gospel of Jesus Christ commits us to be a people who.. Love God and who express that love in both private and GoryK)r41e worship LL&rn from tlic Bible Engage in prayer • Share 108eiher in fellowship • Serve others in the community • Bear witness to the gospel both l(K&lly, nationally and inlemalionally Achievements and performance In ordcr to mcct our aims, we engage in the following activities: We have two Sunday worship 5crvicc5'. 1 l aTll and 6ptn. Central lo our worship is thc free grace of God offered to sinners in Jesug Christ. To this end, we lisien and respond io Goxl's word. sin& pray and Lonfesb our faith as a body of believers. At our morning worship there is a crèche (0-3 years). a Sunday Club (4-1 l yea) and activities for I l-l &year-olds meetin8 occasionally througholrt the year for various events. The churrh prny¢r meeting meets weekly at 7.30pm on a Wednesday evening. On occasions there are guests from a variety of different Christian mission orsanisations invited to speak at this meetin8. Pag¢ 2
Christ Church Edinbur Report of th¥ Trusteesfor ihe year lo 31 December 2024 Achievements #nd perfonnall¢e (continued) Once per month the prayer meeting is repla¢ed by local house groups. These groups Are open io all within the church and provide an opportunity to study God's word discuss items in smaller grouFLq and to share prayer and fellowship together. Tlicrc is a Wom¢n'5 Bibl¢ study group> which meets on Tuesday or Thur8day afternoons throughout the yegr depending on awailability. ntinues lo sludy ag a ¢andidate for the ministry of the Free Church of Scotland. He w0S part time with ihe Church whilst gtud ing at ETS here in FJlinhurgh and mnved across to thc I'rec Church in Haddington. as working part time with the Church during 2024. employed on a part iiiiic b15 wuman's worker. The Thursday lunch club continu¢s meeting twice per month for either coffee and cake at l 0.30am or lunch at 12.30pm as adv¢rtised. Sunday service8 over the year have shown good attendance and recordings have been made available on our website along with a Live Stream re¢ording m08t Sunday momings. PIAns for the fulu Previously external work was Carried out installing a disabled ramp for a¢¢¢ss to the front door of the premises. A patio ar¢a was also added to the rcar of th¢ property which has provided a 8ood social space for fellowship in warmer weather. further internal decoration worf( is in 0p¢ and longcr-tcrni work on kit¢hen and toilet facilities along with r¢medial wurks to th¢ roof area. Over the course of 2024 a property was purchased which will be used as a Manse. This property is situated in Musselburgh and currently has car¢laker tenanis until the prOty is required. Church funds. along with a Mortgage from Kin8dom Bank was used lo finance the purchase cosls. The Church will continiie lo ¢n¢oura8e and support members in their Christian faith as well a5 reaching out to th¢ community to shurc thc gospel and to support ihe local community. Filln¢il revlew Ro9ults for th¢ ye*r The financial 51atements for the year are set out on pages 5 to 9. The Reeeipt% and Payments Account on pag¢ 5 reflects P4 deficit of £130.472 (2023: sury)lus of £26,984}. Reserv Thc Finaiice Committcc has r¢vicwcd thc financial requirement5 of the Congrcgalion and ha5 concludcd that the unrestricted funds nvl Lummitled or invest¢d in t]81ble fixed assets ('the fr¢¢ reserves,) held by th¢ congrcgation should be not less thAt £20,(M)O. At that leveL the Finance Committee believes thai it would be able to meet and reasonably foresee expenditure in respect of the properties owned hy the CoT]gregation. Unr¢slri¢ted fundi on page 6 at 31 Dember 2024 amounted to £118.852 (2023.. £1 (hS,749), restricted funds amounted to £6,086 (2023: £148.661)- Total funds al 31 December 2024 amounted to £124,938 (2023.. £255.410). roved b e Finance Committee gnd signed on its behAif by: Iruslee/Session C er Dat¢d: ... 2025 Page 3
Christ Church Edinbur Report of the Independent Examiner to the Trusteesfor the year to 31 December 2024 I rep)rt on the accounts of the congregation for the y¢aT to 3 l DeMber 2024 which are set out on pages 5 to 9. Re$pe¢tJve respon8lbilitles of Trn$tee$ and exAmlner The Charity's Trustees are responsible for the prepardtion of th¢ ac¢ounts in accordance with the temis of the Charilics and Tte¢ Tnvcslmenl (Scotland) Act 2005 and thc Charities Accow]ts (Scotland) Regulations 2006 (as amended). The Charity's Trustees consider that the audit requirement uf Rcgulation 10(1) (d) of the Accounts. Regulations does not apply. 11 ts my responsibility lo examine the accounts as required under section 44(1) {¢) of the Act and to stste whether particular matters have come lo my attention. B¥s15 of Independent examlner'j statement My examination is carried out in accordance with Regulation I l of the Charities Accounts (Scotland) Regulations 2006 (as amended). 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 seeks explanations from the trustees concerning such matters. The procedures undcrtaken do not Provide all the evidence that would be required in an audit, cons¢qu¢ntly I do not expr¢ss aft audit opinion on th¢ view giv¢n by the accounts. Independent Exrdmlner'j StAtement In the course of my examiftation, no mAtter has come lo my attention which give5 m¢ r¢a50nabl¢ ¢aus¢ to b¢li¢ve that in any material respect Ihc rcquircm¢nts'. to keep accounting Tecords in accordance with Seclion 44(1) {a) of the 2005 Aci and Regulation 4 of the 2006 Accounts Regulations (as amended). and to prepare accounts which accord with the Lccounling records and eomply with Regulation 9 of the 2006 A¢¢ounts Reguiatii)ns (a5 am¢nd¢d) have not bccn rnct, or to whicE]. in rny opinion, attention should be drawn in order to enable a proper undeTStandiDg of the accounts to be reached. Managing Director Innes & Partners Limited Chartered Certified Accountants Innes House 18 Shairps Business Pa Houstoun Road Livingston EH54 5FD 2025 Page 4 l+P Innes & Partners CharttrEd Cerrifled Accountants
Christ Church Edinburgh Receipts and Paymen¢5 Accountfor ihejror lo 31 December 2024 Notss Gen¢rAI nd Regtricted nd8 2024 Totsl 2023 Totsl Re¢eipts Gift Aid offerings Gift Aid tax reclaim Donation5 recciyed Church door collections Grdnts Non Gift Aid offerings Weekend away Rental Income Other income 64.609 27.462 4.790 3.817 750 4,990 20.471 85,080 27,462 18,295 3,817 750 4,9911 103.504 13.SOS 7,716 4.140 4,560 2.460 800 750 800 417 1.6DO 1.167 5,292 Tothl recelpts Payments PaynKnts lo Central r)enholm Road Tnanse purchases Manse mortgage repayments Manse xPenSeS Other hc8d otlice palm1$ Pre$bary levies Staff costs Ratcs H¢al dnd lighi Lyyuis Grounds nIntenanCe Church repairs Insurnnce Professional fees Weekend away Gifts and donaiions Publications Flowers Equipcment purth&8¢5 and trpair$ Adv¢riisin¥ wsts Youth activities Admin costs Catering wsts Supply ¢xpens¢s IndepeIent examinerfs fee Bank rhargE5 Sundry expenses Totsl payments Surplus for the yr TraD$frr betw¢¢n fund$ 107,908 35,193 143,161 150.975 59.040 59.040 141,218 11,958 19,1159 433 48,250 141,218 11,958 l Y.¥59 433 171 20,505 5,330 3,106 420 598 ,185 281 20,146 3,627 3,370 24,979 5.110 1.170 1,771 3.645 4,447 842 390 2.142 52 200 270 1.001 985 792 20,505 SJJO 3.106 42• 598 1.185 1,170 1,170 1.168 1.931 3.099 29 175 29 175 150 1,514 910 870 150 1,514 910 870 25 1,868 25 1,868 521 97.4n 10,490 1,607 12,103 IVb,14Y 176.161 (140,968) (1ffj07) {142.575) 1414,bbl 273,633 (1311.472) 123,991 26.984 Net inereasel(decrese) in cash for the year Lash balan¢es brought forw4n1 Cash batnces carried fonvard (130,472) 2)5,410 26,984 228.42t> 118.852 6.086 124.938 255,410 Pag¢ 5
Christ Church Edinburgh Statement of Balances as at 31 December 2024 Not&¥ 2024 2023 Opening (Defieit) Closing Upening Surplus b4lance for year balau¢e balwnce for year Closing balanee BaDk and Cash balaD¢e 255,410 255,410 (130,472) 124,938 (130,472) 124,938 2211.426 228,426 26,984 255.410 26,984 255,410 Total bank balance Repruented by: Unrestricted fund General fund 118,852 106,749 Restricted funds Buildin8 fund Special appeals fund 6,086 147,054 1,607 124.938 255.410 Statement or8et8 gt 31 December 2024 Church building Denholm Road Manse (at ¢osl) (at cost) 105,020 337JOO 442 105,020 105 020 Gift aid due 21,013 23,007 Statement of Ilabllltlej at 31 Deeember 2024 Independent examination Mortgii8¢ 912 196,486 870 197J98 870 The financial statements on pages 5 to 9 were approved by th¢ Finance Committee on and si8ned on their behalf by the undernoted: 7in5tge/Treasurer Tru.*tgé/,¥e.¥.fiOll Clerk The notes on pages 7 and 9 fom part of these financial stalements. Page 6
Christ Church Edinbur Notes to thc Financial Statementsfor ihe year to 3] December 2024 l. Accounting policies Accounling convenlion The finan¢ial statements have been prepared under the historical cost convention. and in accordance with the Charities A¢¢ounts (ScotlAnd) Regulations 2006 (as amended). Basis offinancial slalemenls The financial statcments have been prepared on a Receipts and Payments basis. Congregailon Income All voluntary income, income from tax recoveries on Gift Aid and bgnk interest is accounted for when receiv. Receipls & PaYnnIS Accomnl For the purpose of the Receipts and Payments Account &s shown on page 5, funds are defined 8s follows: Unreslricled fund ¢ompris¢ grants and other income received for the obj¢cts of the congregation without further spe¢ified purpos¢ and are available as general funds. Reslricled funds comprise income which has been received for the objects of the congregAtion and specified for a tr$tricted purpose within th¢s¢ objects by the donor. Page 7
Christ Church Edinburgh Notes lo the fiDaD¢ig1 $¢atementsfor Éhe ar to 31 December 2024 2. Gith nd donations 2024 2023 Malawi Charity Gifts for individuals Turkey Earthquake Appeal Syria Earthquake Appeal Elder Memorial UC.B l.td UFM Worldwide Compassion UK 1,161 244 2.285 1.065 373 372 770 40 500 352 4.447 3. Stff ro5ts rénd numr> 2024 2023 Cros5 5A]aTi¢5 Employ¢Vs Nl Pension ¢ontribuiion$ 19,049 1,167 289 20.146 20,505 20.146 The avera8e number of employees during the year wa5 3 (2023: 3). 4. wlth Truite¢s 'rhe congregation conlributes toward% Ihe minigtets, stipend ihrough payments to Central Office. No Trustees received reimburnement of personal expenses durinB the year to 31 December 2024 {2023,. nil). 5. Tran$a¢tions with rtl•t¢d parti Th¢r¢ w¢re no trdnsac¢ions wilh Klal¢d paritcs durin8 the year lo 31 December 202412023.. nil). & Unreitrlcted fullds Balance at 111.01.2024 Balamee at Pwym¢nt$ Tr•nsferJ 31.12.2024 Receipls G¢nernl fund 106.749 107,968 (97,472) 197.472) 1,007 118052 Total unreStrIet funds 106,749 107,968 1,607 118052 Gemeralfund encompasses all income and expenditure relating to the primary focus activities of the charity, other than those for which funding 15 rcstricted. Page 8
Christ Church Edinburgh Notes to the fJnAncial statemenlgfor theyear to 31 December 2024 7. ReJ¢rkted funds Bg14nce at Receipts P*yments Transfers 31.12.2024 01.01.2024 Building fund speci appeals fund Total restrlcted fundj 147,054 1,607 148,661 33,262 1,931 35,193 (174,230) (1,931) (176.161} 61186 (1,607> (1,607) 086 Erplqnation Buildingfythl represenis money received for the purchase and renovation of the Chuwh building. Special appealsfi4nd represent$ mon¢y rerxived for fund rdising proje¢ts. Page 9