REGISTERED C.HARrrY INUMBER: SC049910 REPORT OF THE TRUSTEESAND UNAUDITJLD FINANCIAL STATEMENTS) FOR TIIE YEAR CNDED 30 SEPTEMJCI R 2024 FOR IYESTHILL COMMUNITY CIIURC14 bCIO wF.srHII.I, COTrIMIJNITY CHIJRfH SC.10 CONTENTS OF THE FINANCIAL STA TEMENTS FOR THE YUR F.NDF.D 30.SFPTF.NIIIF.R 21124 Pxgt Report of tht Trustees IndeptndeDt Kximiner'ts Report Stst¢m¢n¢ olFiiiancial Attivitits BAIAnce ShÈÈt otes to the FinftnEial StAtEtnents 8 to 15 DelAiled State￿ie￿t olFin#neiAI ActiYÉties 16 to 17 WF.STHII,l. f.OMMIINITY CHIIRCH SCIO REPORT OF THE TRUSTEES FOR THE YEAR F.NDF.D 30 8F.PTF.T*lBF.R 2024 'I'be trustees pie5Cllt thEir Rpnrt iviili iljc finRncinl the chllTily for Ihe y&ir cndd 3d 8epl1Jnb￿ 2(b24. Thc Ir1151ecs h41'e adopled th¢ provisions ot. AcwuThtinK and RewrtiJLg by Ll)RrEli¢s". Stst¢JTr¢nl of R￿}￿rn¢nJEd Pra¢li¢¢ Hpplirobl¢ to chutili¢5 preparing Eheit accounts in accordwic¢ ivith Ih¢ Fillancial Rtwrting &andard applicable in (he UK and Republic of Ireland IFRS 1021 l¢tr￿tive 13allu￿y 2019). OBJEcfivES AND ACTIVITIES Objertiyts And lim5 Ile5thill Lommunjly ChuTch 15 9 LThii%lian (:hur¢h 5¢fvinE th¢ loc41 communiiy thr i%'idci a)uirh. Our vi510n 15 ￿ br & Churrh thai 5r¢ks to reach out ￿ our neighbours and communii), Nviih the love of Chri94 to r¢ll¢h in to Ihe Churdi faniil), by loYin8 And cuing for one another and reach up th CK)d in worthip and praise. 'lli¢ Ve5ty managcs thc atTairs of th¢ Church. It Is rcsw)nsibk for Ihc cquipjncnl and a55cts of th¢ Church. tts I￿17 Js gifi% and b￿￿ests forendoi4'menl, rhBtily oi" othw puttM)s¢ ihai tna), the Church frotn lime lo iit¥i¢. li Ks a15v bound 10 di5chargE i¢nts and )11 othr¥ buNlcn& to assist in th¢ safe cust(Kl) of Ilie Lliujrh plate. ￿giSter4 d(Kwil￿1(S and oth¢r ws5¢5510115 txlonging to the cong￿￿tion. Tht maÉn wuice8 t)f income aiE from plannal giirin8, dMaiion$, mom renttls ¥Jnd Cifé 0￿ra11th￿s. xpendilure totnprise5 tnainl) sal&ries and expEns¢s for n￿l￿tainIng and tllnning thE chu￿ and opetatlll8 ￿le tifE. tO8etheT With expenses fDr Ilie CliurLIi ￿T0Up￿ inixsiuii prujEcls linkvd iu lh¥ ChutLIi HLli%iliets. ACHIEVEMENT AND PERfoRMANCE Charitgble Acli%ltie8 Two key ¢b¢rilS duriii¥ IIK yw ¥¥laFk tlic ¥ldtl Ilir lifr ￿rill￿ Cliurrh lil Lknmber 2023 tkn agr¢¢nienls ii'ere completed and &xecultd w Icav¢ Ihc Scollish Episcopal Church atld for the propoty af IVe%lhill fA)rnmiinsty r.hiErch tu be Irsmsfen'ed to Iveslhill ComThiJnit>, r.hiJrch.SC.J(l. The preYHIu4 thaiiiy IV&s1?Jill f.Lt those iii tlie c￿n￿lUnIty ivho liavc netd,. Maitbi). Music on fiid4>'5 is foT pre-StIA)ol children 8ThJ p￿Ents/ canxs lo ¢njoy ￿￿85 aiid ortivitirt ivith a s¢ripluTal theme.. we ￿pp￿rt local Ags,lum Seekers bj proi'iding clothing and about 10 As5,lurn Seekers re￿￿1￿rIY aitend Chtirch oil Sunday& our Holiday Bibk Club is open lo childT¢n fmrn ihe u)[nM￿n]IY fi]r Iv¢¢k in ih¢ suiiimct holidaj's our Light PasTs' offtrs ¢l)ildr¢n an alt¢rnaiiF¢ to Jlallolvecn Irick or (TealJ"ng. IV¢ support one ￿Ntyther and Rroii, ourfaith through artiviti¢5 tor church m¢mber5- IIon]¢fjroups wbicli sre smaller grtsupg merftng mid-lveek fv ivorship. stud), Ilie Llible and pra). in people's horn￿ Harmony i¥hich meeis %v¢tkly for ivomcn in ihc Lhurch, al￿ our )'ouiig ptDpl¢'8 ministrits of ROAR and ALIVEI on knday mornillg5. The church has iivo comrttertlal activitie* ALY piofit frnrn these activiiies is used itt supp)rtofihc C.hurch'scharir£ble acliviiies.. tircry] Pgsture5 Lat¢ 5t4rt¢d opening'luudJv$ in Mw* Xh TLOW Open￿eSTU#SddY 10 Sllturdw. each weeL I'he ¢￿é￿aIns populaT wilh Lttbles frequertdy full. 'fhe Chuicb's is io ptovide an attractive café th* brin8s people fro￿ ihe com]nunity into Church buildinE and in doing so mak¢s tli¢ ChU￿b mor¢ familiar and Jcce55ibl¢ and create5 OFVJrtuniti¢s lo hai'e a eonvttsaiioii i¥iih Lhii#i8ns. Th¢ hire ot ChurelF rooms for various aciii'iiies h&$ gro)vn during yvdr. Mie CtJurth'5 aim is ￿ g¢neratc ill¢ome from io()ti) hir¢. like Cirrrii PL%iiJf¢b ￿rE. to bri1￿ ￿pIC fmiii IIK COllLlnUTiilJ' iiiio IlJ¢ Cliurch biii1dii)E Pag¢ I WF.STHII.I. COMMIINITY CHIIRCH 5C.10 REPORT oir I'Hk'lliUS-I'bkS FOR THE YLIR F,NDF.D 30 SF.PTF.MBF.R 2024 FLYANCIAL REVIEW I'he aL￿￿]IlS sho1¥ ll suwlus of £641847 lor thE yr3r12023 £44,975). Thi5 includes a llwnb¢i of IK]wff il¢m5 io th ¢ompl¢tiM of the ttNit of ihe Church fN)m the Scollish Episcop21 Church including the revaluarion of assets and legal fees. Iltthe Cnd thc church hcld o1.£698,752 ot'ii'hich £5.2¥0 ￿￿rIe1C￿ for swltic purrK)scs. The Chutth expenditurt lias iii¢reased duriiig d># Louia¢ uf y¥uY iyitli Ille ap￿1111[nerIt uftlie Re¢ioL'. Lncreases Iii Cafe stsif cosis, llnd gcnuRI i￿nation. Asa ruult Ihc C.huTch Cxpcths & dcri￿1 for 202415. Re&ervex P￿liCY Tl)r (IittTLh it> fflaiiits]in rAsh funds Ihal will allnii. We.%ihill C.vtnmiinily C.hiJrch Iti mecl 11% ohligalipn.4 Ihroijgh the nexl )'eJr nr il. nccfJS￿ry Icducc acliiqty in an ordBrly f￿hlOn during ihc course of that yeaT. The Rcservcs Icvcl iiTrll no￿1￿111} bc rcvieivcd annually, bul Vestry niay revie¥v li 21 *11} time if li bttliei'es circuiiigiances h&ve ￿h￿￿trd. Al Ilie currejii tiine ihe cssh fiinds r￿￿1r¢￿ £125.OQO LwnJpar¢d willi ¢&%h I1￿ I?￿11k lif f210.000, LX)mpii%ed ¥% folltr1￿.. FU[￿S forncxE fftonth %cncr&l invoiciMg- £15k Fu￿5 for 3 months for ivages= £fjOk FutMJ.% Io ¢Qv¢FPlQit￿¢d sliortfall f()r next finoncial Jr&r lif4n)')= £6r FUTURE PLANS Our Cl)utLlI priorities irt the eijming ye21& ¥fre: In worship IhLYe&sing ivhen I￿)d how lie as &chureh pray EnLiiiiiasin¥ mUSiLidt)s IL'adeT% Io in IhesrBiÉls panding thc t£am ihat Icads Suiiday ￿'orshiP usurirtg that our pr¢*hillg con]muni¢Ètiou$ sr¢ ot the hightst qualily In outre.a¢h to oiir ¢ominunlty beyoi)d ScekinR OPPQrtuiiitics to groiv our links in ÉIK ￿>￿i￿V￿lty Inviting peopl¢ to a¥pSoT¢ th¢ ChTiStiaD faith Equipping our niembtts to be ctsnf￿e￿t sliarejs of ihe Good NTeiYsof Jesu5 Chrisi ivbih familie% fri¢n(J4 rolk£i¥ue5 4TKI ncighknuT5 Ke¢pkn8 ¢entral drvelopins our suppoti lor World Mission In ￿ro￿th of C.hur¢h ￿le￿iber5 (imii'ing iyork children and yDunR people InviiitLg all our mcmbers io fclloivship in hom¢ OT smoll 8Mips for ¢tKour&%ernenl, l¢%)min% and pastoral support SITength¢ning Dur l¢ad¢rshlp ieam of Elders & V¢suy through irnining and iiinc 5pcni with on¢ linulh U￿r hope isthat ive ivill sEe church grnvth as neiv dI￿1pk$ are llude anditiits us. FiiiaiKiall)' Ii)uk its iiKoiii¢ from giviiig al￿ C￿￿￿0] expeiiditurr. Initiall>' tlie aim is lo remove Ihe expethed deficil, and in the lon%ertrmJ (o emploj. additional staff menthers to foc￿ 0￿, and d¢v¢lop lurth¢r parttcuiar aiEas ot our ministy. Page 2 IVESTHLLL COITrlMUINITY CHURCH SCIO AIKpoJri- OTr -l-HK'I'RUSTEbS FOR THE YEAR EiYDED JO SEPTENIBER 2024 STRUCTURE, GOVERNAP4CE AND fiiANAGEMENT Westhill Cjjtninunity Cliurrh SCIO is aOmini51cTed und¢r an trtiiial ¢onsiituiiott adtspied in June 2019. Ivesihill Community Church 18 & Scoiiish Lhatiiablt lnctsrrx)rn￿d Organisalton {SLIOI wogni5ed by tho Inland II¢vcT]uG undc.r S¢oiti$h Lhttrity Numb¢r SC049910 Th¢ ChvTch is administ¢rcd by its Veslry Membe￿ who are its Th￿tee5 for the purposes of chaTLty la¥Y& Vesty a responsible for the tempDral gffairs of Ihe rongrEg8tion, in p#rricular ih¢ propth and funds of th¢ thurch thB #pwinttnent of 8ialT. Mbiiulc.¥ c)r Ihc mttling% tMi)vide J f¢)riitn fi)r re￿lI￿Lk iii the chiirch. l.yl ¢)i¥ner%hip i)r Ihe heTiIAhle Church piawl). (Ihe IAnd 2nd building) rc5T5 ￿1th Ihiw PrDpcrf)' T￿￿CCS appointcd by thc Vc51ry w'ho aJe separate from but liai5¢ With the V¢51ry for any decisions Dr m&tiei's Ih81 I(￿ulre aiiention. Th¢ Vttary 1% cotnpostd of Ihc R¢ctor and ¢l¢¢i¢d nicmb¢N El¢cicd m¢mIX￿ of lh¢ V¢sry' normally hold offi¢¢ for rhyrc yclrs and are eleeled aL tije aJ)nual tneetins ivith ¢atKiid&t<5 S¢]rft￿l froiii the l￿U￿h mrfflbetship. At the expir). Of￿¢￿ lemi the t1￿1VidUal shall be eligible for re. IhL V*4ry. Th¥ Vcsty must consist of not rnOLr IhaB Thyelve or less th8ll five constituent Mernbe￿. quorum tnust roD$ist of at Ica51 s¢v¢n people Iivhich rnay ittcl￿de &¥ ofticio representatives). 'fhe ¢on51itutiorL Trva5 amend¢d at a Sptcial Mrmbets kl¢¢iing tts also reduce th¢ Iiumber required io ￿1}sEll￿tr a Quorum to 'R on 29 Jan 2021 T¢f RSIC&N124-0275.0. The LTrllich is led by the Leadership tealn comprisii?g t and fIYe 11(kr5 appointC41 by thE Rrilor. ThG V¢siry authtsti5C5 ￿li(Y r¢loting to tfflntXTrLiI ajtaiis oppioviiig budg￿5. and a[vO￿ting 51&lY. Dw-to-day Is delegated io the StatT T¢•m, supported ivlLer¢ necessary bi. ¢k*nial re50urc¢& 5'1t¢ L¢&tsrship l ¢an] ha5 r¢sp)rLSLbility tor the spirithai aftairs of the ch￿￿h artd deleg*ies xspeus ofilie Chutth 01￿[3110￿$ 10 rhe Staff Team InducltgTr Jiid trniDing (>f v￿try w￿b¢r5 is vic￿,¢d 05 an 0Tr8oiDg pro¢¢ss.-I'he V&81ry h*Ye reN'iewed guidancc of the ch￿l￿¢S and Tiust¢¢ IDvEsltn¢nt (Swilandl AGI 2005 and aGi upi?n th¢ recommendatiotts contained therein. Thc V￿ty are ￿s0 a￿¢ of the R￿k M¥R¥grm¢nl Tlie I'e%iry exMn)itie(l il* tnajnr sirdiegiL, businth% upeidiiurEal Tisk% iliai the aiurcli and cortfirmg Ih* sysi¢ms havc ￿t￿hlithed In re￿￿￿r r4)OTls ￿ he ￿￿)du(x￿1 thai Ilir 5l¢ps ¢ELli be tskeii to less¢Ji di¢s¢ ri5k& Tlic Vefjtry rotLsidcTS lliajiH" risk5 On onsoing bll5i%. Ikc l.'c51T)' is Sttisficd Ih8t syslcms are in pla¢¢ to m￿l￿g¢ thos¢ ri5k5. Risk utKi ¢ontrol aciiviii4% include child proteciion polic).. heallh and safely a5sessmenl& extsmal ¢xp¢n sUmYOrt for st¥tYand t￿￿al iyoiker contracts nd admini￿r#I￿lIn. fiiiancial Lonir()I pnKLxIv￿¥ t)Iid r¢uu1￿r fili¢iiK￿&J iiKMiiroriii¥. RLb'YRLNCL AND ADfvlINlS'fEIA'I'IVE DETAILS RÈgi4tered c.harity number SC049910 Princip212ddrèss Old $k￿l Rodd IYESTI IILL Abcrdetnshire Af132 6AQ Page 3 WESI"HILL COMMI UliITI' CHUHCH SCIO REPORT OF THE TRU5Y£ES FOR THE I'EAR EN'DED 30 SEPTEThqBER 2024 Trustees eit Tru%t¢cB leni1￿￿t Tr',IXlTiin¥r Ilain Ilcllry Rcid Ll1arte￿d Accounldnl 4 W"'e51 cra1￿￿￿¢ Strccf t4011-Accord SquAre ,IBERDEEN ABII 6YL ?ioli¢itsrs Thorntotts Laiv LLP Solicilot5 Whii¢h&ll Hous¢ 33 sI￿e INNDrr. DDI 4BJ B￿lk of Srotjaiid Abcfdccn Quc¢n5 Bi¥uKh ABERDEEN .8L'crctar Ai)Iiriit'ul *)}' IirilLI i>filiL FM)iirL] iifii1i￿¢eso1l 4 liiiie 2025 and signed on its I￿￿￿by. rrusiee P¥gc 4 INDEPENDENT EXANVINER'S REPORT TO THE TRUSTEfS OF WESTHTI.I, COfvIMIJNITY r.HIJRCH.8r.i() I report on th6 accounts forth¢ year tThd¢d 31> September 2024 sel ou¢ on pAg¢$ Six 10 fifteen. Respertii'e responsibililies of fr115te*5 and examlner 'rh¢ thDritys tn]$t¢os èrc rc$pon%tble for the prepttralion of rhe aceounts in atcord8nce with thc Icnns of the Chartttcs &nd frustcc Inveslmertl (Scotlandl ALÉ 2(X15 and the ￿111¢8 Accounts IScoil¥ndl R¢oulAlion$ 2(J06 la% &Tnended). The chatity$ tn]stee5 considcr ihti the audit rtqijircmeni of Re8ulaiioii IINIKa) 10 (c) of Ih- AC￿￿lin1% Regi11￿1<)￿l (li)Ls n()i ￿pPly. Il 1.% rny ￿%￿lL￿bIlitY to &xaniLn¢ the accounts as required un(kr Section 44(IAc) of Ihe Act and to ￿al¢ ivllcthcr p4MiculaT malt¢rs h&Yc cornc lo my att¢nti￿. BA$IS of ￿1¢ 4MdtpeThdent ex*Aiintr's report My LNaminalioA iYa5 carried out in accorpt the going concrrn basis of arrounting ill prep￿"1￿￿ the &c&y)unis. All incDtn¢ Is rtcog.niscd in thc Statcmcnl of fil￿(1￿] Actiwties once the charity has entitletnertl to the futtd8. il is yotmble I￿[ Ihe inu*ine ivill be received atjd the ￿￿ount ¢8n be me￿red reliably. The folloiving 5P¢LifiL Ptili¢lr￿ apylie(l io ih>natlOllS snd legacit5 C.(JllrcliDn4 RIiil d￿￿T￿li(Sn￿ tELX)biiiixeJ iyhen received by bdidifoftlie ve￿ry. PlaDhcd giving rttcivablc uiidcr Gifi Aid 1$ only TCCOg]iscd iyhen ￿¢¢iya. Income T&x r¢cov¢rable Gift Aid £knn#tions is TecogDistd wh•) the related inth)mt is reeeived. Grants and Icga¢ic5 ￿ thc Vr51r> ar¢ Èccounted for as as thc v￿try is nolifioj of its Iryl Wktitiement, the amount due is qllanttliabl¢ #T￿ its ullimale receipt by ihL Vestry is probabl¢. ltsrome from tridlrbg 8ttivltÉeJ Inrom¢ tkvm ¢afé S￿¢S and rerfftlaj Income is r¢¢ogDised &ccru&ls b￿15 and is th01￿ net of VAT. Other lll¢ome Incomc from church 581¢% $we.ial collections and cv¢nt8, i%cddinKs wid fun¢r&15 15 Te¢o8Thised ivhen rec¢iv¢d. Expendituvè Lidbililies arc rccognT5cd as CAT*￿IllIUrC as soon ￿ [hC￿ is a Icgal OT wnslwrtivr obltBlitiort commitling th¢ rharity to that CKp¢nditur¢. i( Is p]Y>bable thai a transfer of ecfjnoniic benefits iyill bc ￿quIr￿ IJL setllement and th¢ arnouni ofihe obligai1011 be measured reliablv. bxpendinir¢ is #ccibuntsxl fijr uij Itll IlLLnJMls b&%18 anil h&% bttii Ll¥ssified under h¢adings thal aggffgai¢ èll cost rcldrcd lo th¢ Ldi¢gorJ. WIILIi (X)515 Lxnnul bc diTLYlly utli.11￿1ul lo parti¢Ltlor hcadiDg5 they ha¥e bccn tt11oc￿ed to actii'itie5 on a b&si5 COD5iStcnt with the use of rcSourc￿. GL'ants ￿ld dOn￿)onS awe a¢¢oun*d for ivhcn paid over. or ii,hen aii'arded. if IliMI u'eale% a hiiiclinx i)hligatioii oil thc Vtstry. Grants offcrcd subjcct to conditions whith havc not b¢￿ mct al Ihc yc&Jr cnd aT¢ ntTrtrl as & eommitm¢nt but nol ￿¢rU¢d a5 ¢Ap¢nditur¢. ai¥Liiable acliYilie5 i£)rlude all costs r¢I￿l￿g 10 Xt(vilies ii'her¢ itK Primary aitn i5 part of Ihc objcclii'¢s of thc ChuTfh, tO8cther iviih thc supwrt fD5ts and ￿ants paid. T¥n¥ibk fixed xssÈts Tgiitible are initiAlly recntdcd at cost, and subsequcntiy 5tOtcd At lttg any &c¢umul&td dcpTccialion &nd rtnent lo55¢& rwwLldiii>n 1% pr()¥id¢d ai Ili¢ followi1￿ ￿]llU￿1 r￿¢5, in ord¢rtO IlTit¢off each &85¢1 ovu. its cslirnatcd u5cful litG. Page 8 VESTHILL COI¥IMUNrrY CHURCH SCIO NOTES TO THE FINANCL4L STATE￿IENTs- fDntinu¢d FOR THE YEAR EINDED 30 SEPTEMBER 2024 ACCOUNTlh'C POLICIES_ cotttirtued Tllhgible tixed *Mtts Hwitablc property Large equiprneni SIIMII cquipnithit 2.5 /0 slr#i%ht line 25 $tr*ight line Sil'A slraigh¢ line lthdividu&l tiems of equipmeni c￿]￿8 Inore than £1,000 are tapitalised at 0)￿. Individual ttem5 ivith a ￿ce of £I.000 oi less ate ivritten otTivh¢fi I1￿ assei is acouired. T#tstion The eharii}' is ex¢mpr from on its charitable aciiviti atcounti Unr¢siri¢*d fiinds tÈn be used in atcordaote ￿'ith the charitablcobjeciives at Ihe diKTeliiin ufih¢ tsuNlcr5. R￿riCted tund5 con only b¢ used for pgrtiru]pr r¢strJ¢t¢d isithin the objects of tb¢ charity. ReJritlion8 8rise ivhen spfrifi¢d by donoior M'hen funds are raised forpgnicular restrtcted pU￿se Furthcr exploD￿l￿n of thr n4tw¢ puwpp5B ol'cth liind is included in the note5 to th¢ finaD¢ial stat¢mellts. Pen%lvk ty)sit olher w)st-rdlrement benefits t¢gi%lalion has t￿1 intrduccd ii.hich Jnakcs it ￿t￿pUl￿ry for all cmploycrs to pmMd¢ a pens￿￿ scheme for cJigibl¢ employe￿. A farilÉly ha5 bcrH XT up is opcraiional for all cmployecs. Tho sclicrnc ii'ith Nationnl F.mplo)'ment 'l'DJSt (NES'I j and all ell￿ble employe￿ enrolled ihey have an lndTI'idu￿. p¢rsonal srh¢me ivith another providei. Currently for Cligible cinployc¢5 exc¢pt the Reetiir. IV￿51h11I CATrmmiJnily ChiJrLli sc.ln illakL% & ￿)litTl1 Juliun of5Yo of¥vaRes and thc etnploy¢¢ n)tsk"es a o]nti'ibuts"on of at le￿ 40/u {equivaient to 5¥0 aftcr rtli¢n. For thc R¢cror, Ill¢sthill Communiry Lhurch ￿10 makes a contributton its a persthL*l pensioii of an 8n)ount beiichnithd again51 Ilie penslon contributions made by the Scoiiish Epi5CUWdi ChuTch iii rrspNI ofiheir Llergy. CA)Iilrli iuli%)Ii% chHrged kn thc apwopriatc a¢¢ovthis in Ihc siaiement of Fknancial activitiC5. bul or liabi]ity &prA￿S in Ihc b&lancc shrct. Debtors I'rad¢ and other tsbtors aK r¢cogllis¢d ot tli¢ s¢ttl¢mcnt amounl after I￿1¢ di5￿Unt otTtrd. P￿pay￿¢lltstre ai Ihe amoujit wcpaid nct of &nyfrad¢ diwillits due. Cxsh at bank and IN hxnd Cash at b3nk in hand itsclvdes ¢1￿h and Short tCTfft bighly liquid investments iviih a short maturity of Ihrcc mTrutb5 QT I tsotn thc dotF of *quisitIo￿ or Dr￿MIng of sitnilar account. C.rtdilThr% CreditnT5 arr trwgnised ivhere the charity ha5 a pr¢5¢n¢ obli8a¢ion resulting from a pasl ¢vet)t ihal ivill pJDbably ￿￿￿[t in the lysnster of tund$ to a IhiTd party and the amount d￿¢ ￿ settl¢ the obl1￿110n £an be meaqured or &4limale41 rL'liuhly. erediiors te reci)giii%ed ai lh￿1[ %iYileintrJii aiiii?uni all¢[ alltswiEig for Any trad¢ di5¢0unrs du Financixl instrumeits charit), onlj has financial &ssets and li&bilili¢s of a kind ihat qualify as basic financial inarum¢nis, Basic fmanciAI In￿rUI17L17tS ur¢ iiiiliully Y&o811ised Al 1rn11sAclioii i•luc and.suh%cqua]tly measured at tbcirsctt1cn￿4 valutt. Pa8¢ 9 WESTHILL CONI￿NITy CHURCH SCIO NnTF.S Tn THF. FINANf.IAI,.gTA TF.NIF.NT.8- tonliTrutd FOR THE YEAR EIIDED 30 SEPTEMBER2024 OTHER TRADING ACTIVITIES 21124 2013 Caf¢ $81¢$ li(M*rrt rental Other income 18&9i3 14,422 862 94.999 6.226 140 2043J7 101365 INVE￿mENT INCOME 2024 2023 Dcw5il inlcrcsl TRUSTKES. REMUNKRATION A>4D BENEFITS Tliw iv¢rc iio tri￿¢¢5, r¢Jnwicration oi" otkr b¢R¢lits ftjr the )*ar ￿ded 3U Septcmbcr 2024 for the yw ended 30 S¢pt¢inber 2023. TnJ%ie¢s CAPEn%ts There no expet]ses paid for the year endcd 30 ScptembtT 2024 nor forihe y&¥ended 30 Scptemher 2Ql3. srAFf COSTS Ttie avtrage tiionthly nuinber of ￿nplOye&S diiTing thc y¢ai iv9.£ &s folloii'.$". 2024 2Q23 Admini$trattve Czfé siaff Pas￿[al staff 14 16 No received emolum¢nts in exw of￿60,000. EXCEPTIONAL ITEMS Tncludcd ¥vitlLiJi Ilie %iaietiitiil oftrinaicial AGti¥itiC5 air exGtpiiottal iiems totalling £311.000. During thr ycar rryiriv th¢ Klflrm￿( iY4LS pllid to Ihe Scottish Episcopal Lhur¢h to I-m￿lSe the ch￿ity's scparatlon from the or8stniwiton. In prior years a prol'ision for this il'as m￿¢ in dit finantiai ststejllents ivhich ivas £30,OOQ Tnure lh￿￿ lh¥ fiii#lly *greed ijpi>n 4Lnd payj. COINIPARATIVES FOR THE STATEF+lENT OF FIKVICIAL ACTIYJTJES Unrestyici¢d Reslricled fllnds rotal runds INCOhIE AND ￿NDOw￿.1ENTs FROM 196.162 101 J65 2.240 198.402 JOI 365 (hhu. Irading aclivitirs Tothl 297.527 2.240 EXPEIIDITURE ON Raising tiinds 80,032 50.032 ChHrktablt Activities Lllljrch running costs 127.230 1.137 128.367 Pase 10 WESTHILL COfvTMVNITY CHURCH SCIO NOTESTOTIIE fiNANCIAL STAT£h.1Cr￿1E-cQntrnvtd 'UR'I'HL ENDLD 311 SEYI'EMBkR 2024 COTrIPARATIVES FOR THE STATEMENf OF FINANCIAL ACTIVITIES- ¢ontinu Uiiiesiricie Resirici¢d Totsl funds GiouplJnÉDislry costs 2.099 7.5(A) 3.223 33.511 2.099 7J60 3223 Suppori w515 Governonce cosls Totil 1.137 254.792 NET INCOML 43,872 i.ioJ 44.975 CONCILIA'I'IOIY 0￿. thUNDS Toi81 fiinils bruughi fon%'drd 10.930 lQ.930 TOTAL FUNDS CARRIED FORWARD 1.103 55.905 TANGIBLE FIXED ASSETS riYtllre$ and fntin CThurch buildings Lomwter equipment Trfxls Transf¢r from charity 900 000 113447 IZ3 676 ,l37,12J DEPRECIATION C.hku¥e r()r s'trar Rcc]a551fiiulionltran5fcr 22JOO 22,500 237.12J 113h47 AI JO Sepiember 2024 22JOD I I.IA47 123h76 2fj9.62J NETBOOK VAI,UF. At 30 Sepiembw 2024 877 577JllO At 30 Scpicmbor 202J DEBTOILS: ANIOVF4TS FALLING DUE WITHif4 OP*K YL4R 2023 Othci dcbts)rs 90 24,273 1056 Pr¢péyinYnl% ,726 2{327 Pascll IVFSJ'HILL COMMUiYITY CHURCH SCIO NOTES ro THE FINANC.IAL STA TEIL IENTS- eontinued FOR THE I'EAR EN'DED 30 sEvfEMUkR 21124 io. CREDITORS: ANfOUNTS FALLINC DUE IYITH1￿ OYE YEAR 2024 2023 Bank loaL)$ ovetdratls Dot¢ 121 Taxation &rtd social security Otlitr Lrediirprl 41.qwj IlJ7l 19.958 72 109.5(K) CREDITORS.. A ￿lOuNT$ FALLING DUE AFTER MORE THAN ONE YEAR 2024 2023 IIAnk logng Is¢* rtoie 12) J48,590 12. LOANS An thal}%is of thc maturtty ot 108ns is given bekn.- 2024 2023 Amounts ￿ling￿lle within one year on dem#t)(l.. Rank loa￿ 41.000 AThiiiinl% falling hEIivwi WKI iiv(l yL¥T¥', Bart loans- 1-2 ye￿5 41 Arniiiinl.% falling Iliie bLlivecn t4V(i fiv¢ years.. J3ank" loans. 2-5 ycgrs 16 AtnDunts falling du¢ in moir than IIYF yFfti5- R4iai#hle by iJi%ialinenL%'. Ilank10&115 tllOTC S YT by iD%l81 13. LEASINC AGREEMENTS Millimutn Icll5c p&iJncnts unikr non-cancellable opcrating Icascs fll]I due &s folloiys: 20Z4 2021 W¥lhiD yrai Bthiveen cne and fiv¥ ycaTS ioffjji 6,642 3,52d 1.260 J7 Pag¢12 IVFsfHILL CO.MMUNII'Y CHURCH SCIO NOTES TO THE FINANCIAL STATENIE14TS- fontinued FOR THE YEAR ENDED 30 SEPTEfvIBER 2024 MOIIEMENT IN FIIND5 N¢t movTrJneni iii funds Tr8Th8fcr8 bettveen funds At IIIU123 30L9124 Unr151rirt¢d fund5 General lund Designared asset fund 54W2 158.538 d80,141 {7J671 7Jl59 205,473 4&9.PJ9 54,8D2 6380578 (81 693.472 Rostritted fullds Foodbank Wellhcin¥ ￿(c filnd Asyluin scckcrs 1.103 IA07 2.770 2.510 2.770 TOTAL FUNDS 55905 642￿47 69&752 Net movemenl itt fund5. inuludcd in th¢ ak¥y¢ are 2$ follDMS- RLAI)urLI &xpcndcd TrnJi¥feirei4 rrotn rhaiity Movcmcnt rcwurecs Unres(ri¢ted funds Cjciieral fund D¢$￿￿￿ tund 426.21b2 (372.939) 49$￿) J05.275 158J38 416,2D2 1422.836) 635.312 63&678 Restrl£tÈd FO￿banK Weilbeittg c4rfe fuad Asylum s¢¢k¢r5 (2J72) 1,391 2,770 1.4D7 2,770 48 (&56) .328 yL169 TOTAL FUIYDS 429.538 ￿2￿1￿4} 639,473 642347 co￿parAtIve5 for Thovement in fulld5 Net ovctncnt in funds Ai 3019123 Ill￿22 Unttslritted funds CL'nLral luiid 10.910 43.872 54.802 Re5trictEd fubds Fuothjank 1.103 TOTAL FUNDS 10.930 44.975 P￿¢ 13 WESTHILL COhlMUNITY CHURCH SCIO O'l'bs I'O IHE FINANLIAL STAT£hIENTS- FOR THE YEAR ENDED JO SEPTEhfBER 2024 MOIIEMEf4T IN FUNDS- colltlnued Comparatiyc ELCI ryKbYcmcnt in fi￿d8 inGludcd in th¢ abovo orc 8$ follows: Incoming R￿OlITCaS cxpcnded Movernenl in funds Unrestrlcled thnds fjen¢ral fund 297.527 {253.655) 43.872 Restrieted fvnds 2.240 (1.13 i.In.I TOTAL FUNDS 254.792 44,975 A Lurtelll y￿[ 12 Iiioiitli* aiid priot )'ear 12 moiiih% Lumhilled po5iiion 1% folloivs.. N¢1 movcmcnt Trt￿fe b¢ti¥een Al IIIOll2 30N124 Unr¢strirted funds GenerLiI fiind [k51￿18t¢￿ a$srl fund 10,930 2(Y2.411J 480.140 {7,8671 2LIS.473 4¥8 P)9 10.930 682,550 {Bl 693.472 R￿trICted funtls Fv(xlbaTik Wttllbcing (*fc ￿rtd As}'lum sttkcrs 2.51Q 2,7711 8) 2.510 2,770 'I'OI'AL Tr'UNDS 687,822 69 A current year 12 nK>nths and piioi Ye￿ 12 monihs eonlbincd net movemeni in funds. in¢lud¢d in th¢ aboir are fnllDI¥s'. 1￿COMIng Te50urce5 Kcsourr exp¢nd¢d 'Ira0Sfe￿ from chariLy Mov¢mcnt sn futlds Unreslri¢ted funds Gcncral tund D¢￿i￿nated asset futMI 723,729 (62&594) 105,275 530,037 20I4IO 480 140 723.729 1676.4911 63iJ12 681)50 Re5tritted funds 4.728 {3.(AW) 2.ilQ 2.770 s) Wellb¥iii¥ LkJf¥ funil As)'lutn scckcT5 2.770 848 8561 5,576 4.fj65 4.161 TOTAL FUNDS 729,3Tr5 6%0.956) 63Y q73 687 822 Restritted fullds koodbank fiJiid- Ihis fund is lo be used to piovid¢ a foodbonk lo ibe kncai CDinmuiiity W¢llbcing cafe fiJnd- Ihi4 fun(1 14 iJ%¢d lu njri c&•fe %e%%ii>n% i)ronx)ie i%¢llb¢ii Asylum ￿￿kCTS supwrf fiJnd- tliis fund i5 uscd to suP￿rt 05)'Ium 5rrkv5 in the lo(*l community Pagc 14 WE57HJLLCOm￿7UNIH, CHURCH SCIO OTE8 TO TIIE FINANC.IAL STATEMENTS- c•ntinved FORYHE YLAR LNDED 30 sLpfEhlBER 2024 14. MOVEMENT IN FUNDS_ tonllnu¢d Unrutricted fund5 De5ignaied assffl fisnd - this fimd represents the n¢t knok Yalu¢ of the Church t￿ISdi[1g artd associated equipmcni of rh¢ &wciated hJdJJ. Faili Ye￿ &1 aniouiii is Iran8f¢rrcd ￿ or froiii ihe repr¢5¢nliiJg th¢ mov¢tnEnt ITr th¢ n¥1 ￿>Ok valtse of iartxiblc tixcd ￿ets and loan illthc ycar. 15. RELATF.D PARTYDISC.LOSURES TN5tcc& math doiiatioTrs to the chFrity of £27,780 (2023.. £17.650). 16. IFI.TIPAATF. C.ONTROI.I.INC. PARTY Weslhill Conimunity" Church SCIO iv8s undEi th¢ control Df the diiring the C￿￿ent and rKrioil ywdr. P￿¢ 15 WLSTHILL COMI¥IUliITY CHURCH SCIO DETAILEDSTATEMENT OF FINANC.IAL ACTIVITIES FOR THE YEAR ENDED JO sEPTE￿IBER 2024 2W24 2Q23 INCOf*JK AIID EIYDOWMEN'rs DinAtltstr]s leg#¢les JA5,828 36,536 3.168 67,671 34 101.516 3d,235 8R5 61,676 90 Income thx recoi'ered Loose plaie colleclions Donaiion5 l.unds tromgroup5 223.437 198.402 Other ￿Ctivitie8 CÈfe ggles R(J(5m r¢nlHI Oihcr It￿Orn¢ 188.953 14.422 862 94.999 6,226 140 2042J7 101.365 Inv&*tmtnt income Dcposit account intcw¢sl Tot*l imcoming re50urce5 299.767 EXPENDrrLIRE Othrr iT#d1￿￿ atliviti¢s Wag Social security P¢n%ion Ca(c non food il(¥n5 57th75 28,211 1,604 1,437 1,900 Cal¢ c&leriri¥ %upplie% Icinporary FlalYsalRry cos15 71.137 55&14 26.161 20.689 194645 80,032 C.hiritHhlE adivitiE5 WJSES Sr*ial seturiiy 22,960 1436 Ratc5 Insura￿Ce 10.999 987 173 2.758 800 105,000 24J74 Telcphonc Ls¢ of foriliti Rent i&ZgTS &944 9,277 7,860 13.672 136 133,137 1,776 3.617 9.17 3.952 Maintcnllncc Quoia C.l¢diiin¥ Altar expcnsc5 Cai'ried foniard 12S,333 This dDcs nr)i fom ptstofihc Sta￿tOry finunGiAI stfttell￿n Page 16 IVESTHILL COMI MUNITY CHURCH SCIO DETAILED STATEMIN'T OTr DINANCIAL ACTIVITIES FOR THF. I'F.AR F,NDF,Tr.4lb SF.PTF,NVIIF.R 2024 2024 2013 e.hArit&hle grtii'itir5 BTought loni'ard Ttainittg l.EuLl¢rthip 133.137 720 200 1.448 128,333 781 34 145 Youth R(>Ar Ev&ngLlism l-loliday bible club 76 72 500 loo 856 22.gJO 27y)7 PdxlibTAI CMTe Depreciation Df ian8iblc FLxcd assets Bank iniercsi Oulsiik giving 196,481 13¥,026 IVa8C5 SL)cial &￿u(liY PEn%iaits P051agc and 5La140llCry p￿t￿COpler costs 7,937 91 2.949 3,126 259 13.196 J.223 ce Excep1](M￿l ileills (30.000) G(bverDanie costs Aeeountsncy And le￿7 fees 49W2 3J.511 Toial tesources eX[￿d¢d 426.164 Yet income 3 J74 44.975 Thi5 pogr d0¢5 llQt torjll w¢of the stthrtory fir￿nG1￿ statements Pllge 17