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Dundee: St Andrew’s Parish Church of Scotland

Annual Report and Accounts for the Year Ended 31 December 2017

Congregation No: 291743Scottish Charity No: SC011775

Contents

Page

Trustees’ Report 1 - 8

Report of the Independent Examiner 9

Statement of Financial Activities 10

Balance Sheet 11

Notes to the Accounts 12 – 25

Appendix 26


Trustees Report for the year ended 31 December 2017

The trustees present their annual report and financial statements of the charity for the year ended 31 December 2017. The financial statements have been prepared in accordance with the accounting policies set out on pages 12, 13 and 14 to the accounts and comply with the General Assembly Regulations for Congregational Finance, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and 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 published on 16 July 2014.

Objectives and Activities

The Church of Scotland is Trinitarian in doctrine, Reformed in tradition and Presbyterian in polity. It exists to glorify God and to work for the advancement of Christ’s Kingdom throughout the world. As a national Church, it acknowledges a distinctive call and duty to bring the ordinances of religion to the people in every parish of Scotland through a territorial ministry. It co-operates with other Churches in various ecumenical bodies in Scotland and beyond. Worship is conducted at St. Andrew’s Parish Church, Dundee on a regular weekly basis with additional services also being offered, such as for Holy Week, Communion and Christmas. This includes the conduct of weddings, funerals and baptisms for the members and adherents of the congregation, and for the residents of our parish.

It was however with great sadness that we learned of the sudden death in March 2017 of our Session Clerk, Mr Brian Davidson. Brian’s long association with St Andrew’s Parish Church and his dedication to our kirk in so many ways will be much missed by everyone in the congregation. Pastoral Care for the vulnerable, the bereaved, and others in need, is provided by the minister or interim moderator, the Kirk Session (through elder's districts co-ordinated by the Clerk and Roll Keeper), and Flower Committee and there is a special service twice a year bringing many of the elderly and infirm to the Church for a social gathering and a brief service, giving them the opportunity to mix, mingle and enjoy the surroundings of their beloved kirk. The choir, under the guidance of the organist, plays an active role leading the hymn singing which is such an important part of the worship of God within St Andrew’s. Special choral services mark Holy Week and Christmas. News of Church Life and Witness is contained within the monthly church magazine “The Wyvern,” which is distributed to all households in the congregation. Our Fund Raising Group provides much needed financial support, with its main events the annual Christmas Fayre and Strawberry Fayre. Members of the congregation regularly meet for fellowship and our church halls are open on a Saturday morning for the provision of teas and coffees. Our extensive suite of halls is popular with outside organisations, due to the facilities on offer, their size and proximity to bus routes. The main groups of users are church organisations, local support groups and other regular users.

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Trustees Report for the year ended 31 December 2017_____________________________________________________________________________________

Achievements and Performance Youth Groups

Crèche & Sunday SunbeamsCrèche facilities continued to be offered for children aged 0-3 years, manned by volunteers on a rota as required. The Sunday Sunbeams, our youngest section of Sunday School, unfortunately failed to attract any new members for a third year running. The Sunbeams, under the leadership of Alison Collins, remain committed to offering younger children the opportunity to learn about God while playing in a friendly, fun and safe environment.

Sunday StarsAt the start of the new session, numbers dropped with two of the Stars joining the Sunday Seekers and three boys now involved with sport practice on Sunday mornings, but we are still blessed with three girls and two boys, all of whom attend regularly. Studies this year included the Fruit of The Spirit. In the weeks leading up to Christmas, the small band of youngsters and their leaders practised diligently and with our friends from the Seekers presented a joint Nativity play, which took us on a journey back through the ages to the time of Jesus` birth.

Sunday SeekersThe group explored the theme of ‘Generosity and Kindness’ and how our actions can impact on others. The Seekers supported Mary’s Meals this term – donating money to help support five children (equal to the five Seekers) to receive a hot meal for a year, with an anonymous donor matching this donation. As well as the hot meal donation, the Seekers supported the Mary’s Meals Back Pack Project, which helps provide every child with the essentials for school, as well as basic hygiene goods. The congregation have been fantastic in donating goods, enabling Back Packs to be made up in the New Year. The Seekers also supported the Stars in planning and performing the Christmas Family Service.

Flower Committee

The ladies of the Flower Committee continued to carry out the work of preparing, displaying and distributing the lovely bouquets every Sunday, as well as preparing the fruit trays and flower posies for the three gift services. Members of the congregation also helped with deliveries of flowers, fruit and posies, throughout the year. The Committee also appreciated and thank the members of the congregation who donate monies to buy the flowers.

Choir

The choir continued to lead sung worship at the St Andrew's services during 2017 and performed anthems on special occasions such as Easter, Remembrance Sunday and baptisms. Membership has remained at a steady level and a successful Open Choir Rehearsal in May was well attended and very much enjoyed by the choir and visitors alike. Soloists and small ensembles from within the choir have participated in each of the bi-monthly Cafe Church events. A couple of new 'carillonneurs' have begun learning to play the bells on Sunday mornings, and Rebekah Lennon will be participating along with Ruth Irons in a Scotland-wide 'Armistice Bells' project being run by the Scottish Chamber Orchestra to commemorate the centenary of the end of World War One. Many thanks go to the choir members for their encouragement, support and faithful attendance throughout the year.

Outdoor Activity Group

Eight walks were planned and completed during 2017. Numbers taking part on the walks varied, as usually happens every year, but they were all enjoyed and provided exercise, fellowship, and a chance to see a little more of our lovely country. On several occasions the group travelled to destinations, and back, using public transport. The walks are designed to be reasonably easy and new members are always welcome to join.

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Trustees Report for the year ended 31 December 2017____________________________________________________________________________________

Girls’ Brigade

Numbers in the company for this, their 90th session, were still very low. They marked their 'birthday' with a special service conducted by Tim Xenophontos-Hellen, followed by a buffet lunch. Several former members attended and many others contacted with their best wishes via the company's Facebook page. As well as badge work, which was appropriately based on Celebrations, the company, with the proceeds of the Easter Breakfast, supported M.S. Society, Scotland, and Chest, Heart and Stroke Scotland in memory of Brian Davidson. The money raised from ‘Souper Day’ went as usual to Christian Aid. This year’s Christmas treat was a visit to the Ice Arena to see 'Pete and Tinks', an ice show based on the story of Peter Pan.

Church of Scotland Guild

The Guild had another successful year with 29 members and an average attendance of 24. They had a varied and enjoyable syllabus and coffee morning to help raise funds for local charities. This year the Guild helped the Sunday Seekers with their appeal for Mary’s Meals Back Pack Appeal and again provided generous support to the 250 Fund.

Traidcraft

The Traidcraft stall struggled to maintain the high level of sales from previous years. Thanks go to the loyal customers who chose to buy on a regular basis - valuing the high quality of Traidcraft produce and enjoying their everyday favourites such as coffee, tea and chocolate knowing that farmers on the other side of the world had not been exploited in the process. As a significant proportion of sales comes from outwith our church, it remains an aim to encourage more of the congregation to support Traidcraft, by visiting the stall after church on Sunday or ordering from the Traidcraft catalogue – where there is a wide range of foodstuffs, clothing, jewellery, craft and household items.

Bowling Club

The club were shocked and saddened at the sudden death of their president, Brian Davidson, in March and extend their deepest sympathies to his wife and family. In April, Fergus Irvine, who had been club treasurer for the last 24 years, announced his retirement from the post. Many thanks go to Fergie for his lengthy service. With these vacancies arising, nominations resulted in Bill Grant becoming president, with Elizabeth Robertson as secretary and Marilyn Graham as treasurer. The club maintained a healthy membership of 22, with an average of 16 attending each week, and ended the year’s session with an enjoyable outing to Birkhill Inn for Christmas Dinner.

Redesign Project – 250 Fund

The congregation’s fundraising activities for the Redesign Project continued throughout the year, with regular donations from members, a Race Night fundraiser, sales of the St Andrew's Calendar and other fundraising activities. The Redesign Committee focused their efforts on planning for the installation of a passenger lift to the Glasite Hall, working with a local architect and lift supplier to resolve a number of issues and lodge planning applications and tender documents for the building works. A builder was selected in early 2018 and work on installing a lift has been scheduled for Spring 2018.

Café Church

Our Stewardship team agreed to launch a Café Church in April 2017, offering an informal style of evening worship together with a chance for fellowship. Meeting every two months, the Café Church has attracted around forty people, with a format based around hymns, relevant songs, videos, prayers and poetry. Themes explored at Café Church have included Faith, Love, helping others and Inclusivity, accompanied by Fairtrade coffee/tea, cake and biscuits. This new initiative has been a success, with good attendances being maintained and excellent feedback giving encouragement to the organising team.

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Financial Review

The year saw considerable change for St Andrew’s as the vacancy period without a minister entered its second year. A new constitution was adopted in January 2017, a linkage with Meadowside St Paul’s was approved by the Kirk Session and congregation in March 2017 and the manse was sold in December at a profit of £10,117. In due course, a new manse will be purchased jointly with Meadowside St Paul’s in accordance with the Basis of Linkage. A Nominating Committee to seek a new minister was appointed in January 2018. Unfortunately, during this period of uncertainty and change, our church membership, regular attendance and congregational income all declined sharply in the year.

Total Congregational donations at £53,275 (as itemised in Appendix I) were down by £4,839 or 8% - compared with £58,114 in the previous year. The amount reclaimable under Gift Aid was £349 lower than in 2016, whilst other donations were up £117, at £3,525. Endowment Income transferred to the Congregation Account was unchanged at £9,269 on the previous year. Total income in the Congregational Account for 2017 was therefore £78,766 – down £5,071 on last year’s donations of £83,837. A further £2,803 of income was transferred from the Common Good Reserve to fund the cost of a Church Administrator during 2017 and the sum of £4,391 of income was also transferred from the Fundraising Group, to give total income of £85,960 in the Congregational Account, compared to £96,728 last year.

Congregational expenditure in 2016 was £88,217 – down £10,273 on last year’s total of £98,490. The Ministries & Mission Allocation to the Church of Scotland, at £57,534, was £9,051 lower than the year before, principally due to a Vacancy Allowance. Salary costs in the Congregational Account were £4,824 lower than last year, following the departure of the Church Administrator in April 2017. There were additional costs related to the vacancy, principally in increased Pulpit Supply (up £2,469) and the Interim Moderator’s fees and travel expenses of £1,588.

A significant decline in members’ donations was mostly offset by lower expenditure, but still resulted in the Congregational Account recording a deficit for the year of £2,257, compared to a deficit of £1,762 in 2016.

The main area of church expenditure, other than through the Congregational Account, was in Fabric – where expenditure was significantly lower than in 2016. Total Fabric Expenditure was £32,088 (2016 - £43,081) of which, repairs and maintenance totalled £10,051 (2016 - £25,179). The main items of expenditure included roof, window and floodlight repairs totalling £2,788, car park repairs costing £1,078 and other miscellaneous maintenance expenditure. Fabric Income was £54,233 (2016: £38,784), including Car Park receipts of £22,240 and Hall Lets of £11,453. The Fabric Fund also benefited from a very generous legacy of £39,730 left to the church by Miss Euphemia Joyce, our oldest member, to be shared equally between the Fabric Fund and Garden Fund in accordance with her wishes.

The 250 Fund received income including transfers of £16,358 in 2017 (2016 - £24,943) with donations from members of £4,766, Income Tax recoverable on these donations was £821, fundraising events led by Garry Collins and his team, raised £1,437, transfers from Trust Funds was £3,843 and weekend teas & coffees raised £1,884. A donation was received of £2,000 from the William S Phillips Fund. Our Church of Scotland Guild kindly donated £1,250 to the Fund. Bank interest was an additional £357. Expenditure was £17,396 in the year, including £14,921 principally in fees from architects, structural engineers and planning application fees. The 250 Fund held £50,474 at the end of 2017 (2016 - £51,512). A pledge of £10,000 from the Baird Trust is conditional that the lift phase of the Redesign project be completed before this grant is payable.

The church is again grateful to the work of our fundraisers, whose activities during the year also helped to generate income of £4,391 from the Christmas Fayre, and Strawberry Fayre. The Fundraising Group has accumulated funds of £32,136 at year-end (2016 - £31,915).

The value of unit trust investments rose by £20,173 or 5% in 2017 to close at £456,274 (2016: £436,101). As a long-term investor, the unit trusts held continue to provide additional annual income of £18,340 to help our Congregational Account, 250 Fund and youth organisations.

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Investment Policy and Performance

It is the policy of the trustees to invest the charity’s endowment funds in ethical companies with a view to maximizing income over the medium-term. Funds are currently invested in the Church of Scotland Investor Trust’s Income Fund, which satisfies these criteria and the performance of which is kept under regular review.

Risk Management

The trustees have assessed the major risks to which the charity is exposed, in particular those relating to its operations, finances and reputation. The principal risks faced by the trustees are a continuing decline in church membership together with an ageing profile of members. The trustees do not believe there are any major financial risks to which the charity is exposed. Insurable risks are appropriately covered. The trustees take seriously the duties and responsibilities placed upon them with regard to the protection of vulnerable groups. Procedures have been established with our investment advisors to produce quarterly reports covering valuation of investments and income therefrom so that the necessary steps can be taken to lessen the risks.

Reserves Policy

It is the Trustees’ policy to hold reserves of approximately 6 months of unrestricted expenditure. At year end, the Church held general unrestricted funds of £52,669 (2016 - £54,688) representing 7 months of expenditure.

The church also held £501,161 (2016 - £449,107) of restricted and designated funds, which have been provided for the purposes specified on pages 15 - 16.

Structure, Governance and Management The congregation is a registered charity, number SC011775 and is administered in accordance with the terms of the Deed of Constitution (Unitary Form) and is subject to the Acts and Regulations of the General Assembly of the Church of Scotland. The congregation agreed in March 2017 to enter into a linkage with Meadowside St Paul’s Church of Scotland, Dundee, subsequently approved by Dundee Presbytery. Members of the Kirk Session are the charity trustees. The Kirk Session members are the elders of the Church and are chosen from members of the Church who are considered to have the appropriate gifts and skills. The minister, who is a member of Kirk Session, is elected by the congregation and inducted by Presbytery. Where the congregation is without a minister, an Interim Moderator of the Kirk Session is appointed by Presbytery. The Interim Moderator is also a Trustee. The Kirk Session, which meets six times a year, is chaired by the minister (or Interim Moderator) and is responsible for the life and worship of the church. The Kirk Session also delegates certain routine matters to the Finance Committee and the Fabric Committee as appropriate.

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Trustees Report for the year ended 31 December 2017___________________________________________________________________________________

Reference and Administrative Information

Trustees

The Trustees of Dundee: St Andrew’s Parish Church of Scotland comprise all members of the Kirk Session. Details of all those who have served as a Trustee during the year to 31 December 2017 and up to the date of the signing of this report are as follows –

Mrs Sheila Baird Mrs Anne Barrowman Mrs Merelyn BaxterMr Lawrence Bisset Mrs Margaret Bisset Mr Peter Buttars (1)Mrs Christine Cant Mrs Pam Chimiak Mr Ronald ChimiakMrs Anne Clarke Mr Ian Clarke Mrs Alison CollinsMr Garry Collins Mr Ronald Coull Mr Alex Coupar Mrs Jacqui Cox Mr Lindsay Cox Mr Brian Davidson (2)Rev David Collins Mr William Dryden Mr William EarlyMr Jack Findlay (1) Mrs Rae Findlay Mr Brian Forsyth Mr Alex Gibson Mr William Grant Mrs Ann Gunn Mr W Stuart Henderson (1) Mr James Herd Mrs Helen Holden Mrs Lynne Hutchison Mr Fergus Irvine Mrs Joyce McBryde Mr Lindsay McCallum Mrs Anne MacKinnon Mr Roddy MacKinnon Mr Charles Menzies (1) Mrs Pamela Morris Mr J David Pirie Mr William Reid Mr James L Robertson Mr James P Robertson Mr William Roger (1) Mrs Sally Romilly Mrs Evelyn Scanlan Dr Pascal Scanlan Mrs Fay Scott Mr David Smith Mr Robert Valentine Mrs Sheila Valentine Mrs Irene Wilkie Mr Maurice Wilkie (1) Mr Tim Xenophontos-Hellen

(1) Mr Peter Buttars, Mr Jack Findlay, Mr W Stuart Henderson, Mr Charles Menzies, Mr William Roger and Mr Maurice Wilkie ceased to be Trustees following their resignations, effective 21st February 2018.

(2) Mr Brian Davidson ceased to be a Trustee following his death on 19th March 2017.

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Principal Office-bearers

Interim Moderator Rev David Collins BSc BD

Session Clerk Helen Holden

Church Treasurer Lindsay McCallum ACMA CGMA DipM ACIM

Principal Office 6 King StreetDundeeDD1 2JB

Independent Examiner Derek Grant CAMMG Archbold CAChapelshade House78-84 Bell StreetDundeeDD1 1RQ

Bankers Bank of Scotland plc2 West MarketgaitDundeeDD1 1QN

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Trustees’ Responsibilities in Relation to the Financial Statements

The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Acceptable Accounting Practice).

The law applicable to charities in Scotland requires the charity trustees to prepare financial statements for each year which show a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources for that period. In preparing the financial statements, the trustees are required to:

Select suitable accounting policies and then apply them consistently; Observe the method and principles in the applicable Charities SORP; Make judgements and estimates that are reasonable and prudent; State whether applicable accounting standards and statements of recommended practice have been

followed, subject to any departures disclosed and explained in the financial statements; Prepare the financial statements on the going concern basis unless it is inappropriate to presume

that the charity will continue in operational existence.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the charity and financial information on the congregation’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Approved by the Trustees and signed on their behalf,

Helen HoldenSession Clerk

13 March 2018

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Independent Examiner’s Report to the charity’s trustees______________________________________________________________________________________

I report on the accounts of the charity for the year ended 31 December 2017 which are set out on pages 10 to 25.

Respective responsibilities of trustees and examinerThe 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 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 independent examiner’s statementMy examination is carried out in accordance with Regulation 11 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 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 statementIn the course of 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 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.

Derek Grant CAMMG Archbold CAChapelshade House78-84 Bell StreetDundeeDD1 1RQ

14 March 2018

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Statement of financial activities for the year ended 31 December 2017

Unrestricted Restricted Endowment Funds funds funds Total Total

Note 2017 2017 2017 2017 2016£ £ £ £ £

Income and endowments from:Donations and legacies 1 93,429 29,241 81 122,751 95,482Charitable activities 2 - - - - 300Other trading activities 3 42,195 3,321 - 45,516 52,278Investments 4 2,275 1,308 15,356 18,939 19,030

_______ _______ _______ ______ _______

Total income 137,899 33,870 15,437 187,206 167,090_______ _______ _______ _______ _______

Expenditure on:Raising funds 5 187 - - 187 4,634Charitable activities 5 128,444 20,325 590 149,359 153,712

_______ _______ _______ ______ _______Total expenditure 128,631 20,325 590 149,546 158,346

_______ _______ _______ ______ _______

Gain on sale of fixed asset 10,117 - - 10,117 -

Net income/(expenditure) before gains and losses on investments 19,385 13,545 14,847 47,777 8,744

_______ _______ _______ ______ _______

Net gains/(losses) on investments 2,259 1,047 16,868 20,174 17,972

_______ _______ _______ ______ _______Net income/(expenditure) 21,644 14,592 31,715 67,951 26,716

_______ _______ _______ ______ _______

Transfers between Funds 8,448 5,351 (13,799) - -_______ _______ _______ ______ _______

Net movement in funds 30,092 19,943 17,916 67,951 26,716_______ _______ _______ ______ _______

Reconciliation of funds:

Total funds brought forward 426,514 77,281 355,907 859,702 832,986_______ _______ _______ _______ _______

Total funds carried forward 456,606 97,224 373,823 927,653 859,702====== ====== ====== ====== ======

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Balance Sheet at 31 December 2017

Total TotalUnrestricted Restricted Endowment Funds Funds

Note Funds Funds Funds 2017 2016£ £ £ £ £

Fixed Assets:Tangible assets 8 - - - - 250,000Investments 9 51,091 23,673 381,510 456,274 436,101

_______ _______ _______ ______ _______

Total Fixed Assets 51,091 23,673 381,510 456,274 668,101_______ _______ _______ _______ _______

Current Assets:Debtors 10 17,383 - - 17,383 18,110Cash at bank and in hand 10 393,588 73,551 (7,687) 459,452 158,843

_______ _______ _______ ______ _______ Total Current Assets 410,971 73,551 (7,687) 476,835 176,953

_______ _______ _______ ______ _______Liabilities:Creditors following due within one year

11(5,456) - - (5,456) (3,352)

_______ _______ _______ ______ _______Net Current Assets 405,515 73,551 (7,687) 471,379 173,601

_______ _______ _______ ______ _______Net Assets 456,606 97,224 373,823 927,653 859,702

_______ _______ _______ ______ _______

The funds of the charity:Unrestricted funds 13 456,606 - - 456,606 426,514Restricted funds 13 - 97,224 - 97,224 77,281Endowment funds 13 - - 373,823 373,823 355,907

_______ _______ _______ ______ _______Total Charity funds 456,606 97,224 373,823 927,653 859,702

_______ _______ _______ ______ _______

The Accounts were approved by the trustees on 13 March 2018 and signed on their behalf by:

Helen Holden Lindsay McCallumSession Clerk Treasurer

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Accounting policies______________________________________________________________________________________

The principal accounting policies, which have been applied consistently in the current and preceding year in dealing with items which are considered material to the accounts, are set out below.

Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the UK and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102), the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).

Fund accounting

Funds are classified as either restricted funds or unrestricted funds, defined as follows:

Restricted funds are funds subject to specific requirements as to their use, which may be declared by the donor or with their authority or created through legal processes, but still within the wider objects of the charity.

Endowment funds are funds which have been given on the condition that the original capital sum is not reduced, but the income therefrom is used for the purpose defined in accordance with the objects of the charity.

Unrestricted funds are expendable at the discretion of the trustees in furtherance of the objects of the charity. If parts of the unrestricted funds are earmarked at the discretion of the trustees for a particular purpose, they are designated as a separate fund. This designation has an administrative purpose only and does not legally restrict the trustees’ discretion to apply the fund.

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Accounting policies (continued)______________________________________________________________________________________

Incoming resources

Income is recognised when the charity has the entitlement to funds, any performance conditions attached to the item of income has been met, it is probable that the income will be received and the amount can be measured reliably.

Donations, are recognised when the Church has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period.

Legacy gifts are recognised on a case by case basis following confirmation when the administrator/executor for the estate has communicated in writing both the amount and settlement date. In the event that the gift is in the form of an asset other than cash or a financial asset traded on a recognised stock exchange, recognition is subject to the value of the gift being reliably measurable with a degree of reasonable accuracy and the title to the asset having been transferred to the charity.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.

Resources Expended

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 settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis.

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Accounting policies (continued)_____________________________________________________________________________________

Fixed assets

The charity has the right to occupy and use for its charitable objects certain tangible fixed assets, principally the Church and halls, vested in the Church of Scotland General Trustees. No consideration is payable for the use of these assets. Expenditure incurred on the repair and maintenance of these assets is charged as expenditure in the Statement of Financial Activities in the period in which the liability arises.

All tangible fixed assets costing in excess of £3,000 and having a value to the charity greater than one year, other than those acquired for specific purposes, are capitalised. Depreciation is provided on a straight-line basis to write off the cost or initial value, less residual value, of tangible fixed assets over their estimated useful lives.

Title to the manse was held locally up to the point of its sale in December 2017.

Investments

Fixed asset investments are stated at market value at the balance sheet date. Unrealised gains and losses represent the difference between the market value at the beginning and end of the financial year or, if purchased in the year, the difference between cost and market value at the end of the year. Realised gains and losses represent the difference between the proceeds on disposal and the market value at the start of the year or cost if purchased in the year.

Taxation

Dundee: St Andrew’s Parish Church of Scotland is recognised as a charity for the purposes of applicable taxation legislation and is therefore not subject to taxation on its charitable activities. The charity is not registered for VAT and resources expended therefore include irrecoverable input VAT, however use is made of the Listed Places of Worship Scheme, enabling VAT relief on eligible expenditure.

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Purposes of Restricted, Designated and Endowment Funds____________________________________________________________________________________

Robertson, Byres, Carmichael, W Deuchars, Craig, Chambers, Cairncross and E Deuchars Bequests and Congregational Trust Fund

Income from these funds is distributable at the discretion of the Congregational Board for the benefit of the Congregational Account.

Wilkinson Memorial Fund, Kirk Session Benevolent Fund, Scott Bequest and Common Good Fund

Income from these Funds is allocated to Charitable causes at discretion of the Minister.

Kydd, Nicholson, Dargie and Tomlinson Bequests

Income from these funds is allocated for the benefit of the 250 Fund.

Lilburn Memorial Fund Income from this Fund is used for the benefit of the Garden Fund.

Gow, Hunter Bequest and Ogilvy-Smith Youth Fund

Income from these funds is used for the benefit of Youth Organisations within the Church.

Boys’ Brigade Following the end of our Boys’ Brigade Company funds held in their name have been transferred to the safe custody of the Church Treasurer.

Findlay and Carnegie Bequests

Income from these Funds is used for the benefit of the Sunday Stars and Sunbeams.

Simpson Memorial Fund Income from this fund is used to defray the cost of decorating the font for Christenings and for the presentation of floral gifts to the babies.

Dorcas Fund & McKee Bequest

Income from these funds is used to provide fruit and flowers for the distribution to the elderly, infirm and housebound.

IT Development Fund Income from this fund is intended to be used to develop the use of Information Technology with the Church both for Worship and for administration.

Wyvern Account Subscriptions to and the costs of the church magazine “The Wyvern” are allocated here.

Organ Maintenance Fund Income from this fund is accumulated to provide for future maintenance of the church organ.

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Purposes of Restricted, Designated and Endowment Funds (continued)__________________________________________________________________________________

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Garden Fund Income from this Fund is used to maintain the church gardens.

Fabric Account Income from this Fund is used to maintain the Fabric of the church. The Trustees, from time to time, will also approve the transfer of additional funds to meet expenditure.

Traidcraft Fund The Traidcraft Group promotes the use of fairly traded products within the Church and beyond. It operates a Traidcraft Stall on Sundays and other open days.

Sunday Stars & Sunbeams

This group provides for the educational needs of our younger members (up to secondary school age) on a Sunday. It is fully funded by the Congregation.

Church of Scotland Guild

The funds of this group are used to defray the costs of the Guild, give support to local charities and support the national Guild project. It is self-supporting, benefits from the income from legacies left by former members and gives financial support to the congregation.

Flower Committee Income from this fund is used to defray the cost of the floral decoration of the chancel for services and other occasions.

Bowling Club Fund The funds of this group are used to defray the costs of the club. It is self-funding but receives the support of the congregation where required.

Sunday Seekers Fund

This group provides for the educational needs of our younger members (beyond primary school age) on a Sunday. It is fully funded by the Congregation.

The 250 Fund Income and expenditure from this Fund is for the purpose of a major redesign of the church, in readiness for our 250th

anniversary, to improve access to the buildings, environmental efficiencies and other redesign improvements.

Purposes of General Unrestricted Funds

Reserve Account Income from this Fund is used to meet expenditure which does not squarely sit within any other allocation. In times of deficit it can be used to meet shortfalls in Congregational income.

Life & Work Account

Fund Raising Group

Subscriptions to and the cost of “Life & Work” are allocated here.

This Fund represents the accumulation of fundraising activities over the years and is available to cover shortfalls in income.

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Notes to the Accounts

Total TotalUnrestricted Restricted Endowment funds funds

funds funds funds 2017 2016£ £ £ £ £

1 Donations and LegaciesFree Will Offering – Not Under Gift Aid 7,730 - - 7,730 8,145Free Will Offering – Under Gift Aid 8,922 - - 8,922 9,205Donations Under Gift Aid 31,404 3,285 - 34,689 38,561Tax Recoverable on Gift Aid Don’s 12,697 821 - 13,518 13,913Ordinary Offerings – Open Plate 5,219 - - 5,219 5,674Wyvern Donations 1,471 - - 1,471 1,658Legacies – Miss E Joyce 19,865 19,865 - 39,730 -Nine Incorporated Trades of Dundee - - - - 5,000Flower Committee Donations - 1,789 - 1,789 1,817Weddings, Funerals & Baptisms 3,525 - - 3,525 2,208Grants - - - - -Other donations 2,596 3,481 81 6,158 9,301

_______ _______ _______ _______ ______93,429 29,241 81 122,751 95,482

====== ====== ====== ====== =====

Income from donations and legacies was £122,751 (2016: £95,482) of which £93,429 was unrestricted (2016: £76,483) £29,241 was restricted (2016: £18,890) and £81 was Endowment (2016: £109).

2 Income from charitable activitiesOther - - - - 300

_______ ______ _______ _______ ______- - - - 300

====== ===== ====== ====== ======

Income from charitable activities was £ Nil (2016: £300) of which £ Nil was unrestricted (2016: £300).

3 Income from other trading activitiesCar Park receipts 22,240 - - 22,240 21,332Use of premises 11,453 - - 11,453 16,775Weekend Café - 1,884 - 1,884 1,924Life & Work subscriptions 367 - - 367 471Sale of Traidcraft goods 3,739 - - 3,739 4,350Regular fundraising events 4,391 - - 4,391 4,571Other fundraising - - - - 750Other 5 1,437 - 1,442 2,105

_______ ______ _______ _______ ______42,195 3,321 - 45,516 52,278

====== ===== ====== ====== ======

Income from other trading activities was £45,516 (2016: £52,278) of which £42,195 was unrestricted (2016: £48,254) and £3,321 was restricted (2016: £4,024).

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Notes to the Accounts (continued)


funds funds funds 2017 2016£ £ £ £ £

4 Investment IncomeDividends received 2,054 952 15,334 18,340 18,368Deposit interest 221 356 22 599 662

_______ ______ _______ _______ _______2,275 1,308 15,356 18,939 19,030

====== ===== ====== ====== ======

Income from investment income was £18,939 (2016: £19,030) of which £2,275 was unrestricted (2016: £2,400) £1,308 was restricted (2016: £1,264) and £15,356 was endowment (2016: £15,366).

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Notes to the Accounts (continued)_______________________________________________________________________________________


funds funds Funds 2017 2016£ £ £ £ £

5 Analysis of Expenditure Raising Funds Offering Envelopes 187 - - 187 210 Other - - - - 4,424

_______ _______ _______ _______ _______187 - - 187 4,634

Charitable Activities

_______ _______ _______ _______ _______

Ministries & Mission Allocation 57,534 - - 57,534 66,585 Presbytery Dues 1,178 - - 1,178 1,142 Minister’s Expenses - - - - 919 Vacancy Expenses 1,205 - - 1,205 - Ministerial Assistance 2,803 - - 2,803 8,320 Pulpit Supply 2,978 - - 2,978 509 Other salary costs 13,274 - - 13,274 12,478 Fabric Repair & Maintenance 10,051 - - 10,051 25,180 Council Tax - - - - 1,998 Other Building Costs 6,059 - - 6,059 6,495 Church Office expenses 600 - - 600 386 Redesign Expenditure - 17,396 - 17,396 - Endowment Expenditure - - 590 590 1,033 Cost of Traidcraft goods 3,525 - - 3,525 3,715 Heating & Lighting 11,401 - - 11,401 7,832 Garden expenditure - 1,195 - 1,195 445 Independent Examiner’s Fee 1,668 - - 1,668 1,895 Other expenses 16,168 1,734 - 17,902 14,780

_______ _______ _______ _______ _______128,444 20,325 590 149,359 153,712

_______ _______ _______ _______ _______ Total 128,631 20,325 590 149,546 158,346

====== ====== ====== ====== ======

Support costs have not been separately identified as the trustees consider there is only one charitable activity. Therefore, support costs relate wholly to that activity and have not been separately identified.

Expenditure on raising funds was £187 (2016: £4,634) of which £187 was unrestricted (2016: £210) and £ Nil was restricted (2016: £4,424).

Expenditure on charitable activities was £149,359 (2016: £153,712) of which £128,444 was unrestricted (2016: £150,466) £20,325 was restricted (2016: £2,213) and £590 was endowment (2016: £1,033).

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6 Staff costs and numbers 2017 2016£ £

Salaries and wages 16,077 20,798_____ _____16,077 20,798===== =====

The average number of employees during the year was as follows:

2017 2016Number Number

Church Officer 1 1Organist and Choir Master 1 1Cleaner 1 1Administrative Support - 1

_____ _____3 4

==== ====

All Church of Scotland congregations contribute to the National Stipend Fund which bears the costs of all ministers' stipends and employer's contributions for national insurance, pension and housing and loan fund. Ministers' stipends are paid in accordance with the national stipend scale, which is related to years of service. For the year under review the minimum stipend was £26,644 and the maximum stipend (in the fifth and subsequent years) was £32,743.

7 Trustee remuneration and related party transactions

Mr Ronald Chimiak (Church Officer) who is a member of the Kirk Session, and therefore a Trustee, received remuneration of £3,712 (2016 - £3,435). Rev David Collins received £1,578 in remuneration and reimbursement of travelling expenses (2016 – £39).

Manse Expenses were £3,176 (2016: £2,782).

During the year, a total of £20,555 was donated to the congregation by trustees (2016: £25,252). This sum excludes any donations given in cash through the open plate, which cannot be separately identifiable.

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8 Tangible Fixed Assets

Freehold Property Total£

Valuation At 1 January 2017 250,000

Disposal (250,000)

Accumulated depreciation At 1 January 2017 and 31 December 2017 -

_______Net Book Value At 31 December 2017 -

======

At 31 December 2016 250,000======

Tangible Fixed Assets were £ Nil (2016: £250,000) following the sale of the manse in December 2017. The property sale realised a gain of £10,117, net of expenses.

9 Investments 2017

£

Market value at 31 December 2016 436,101Unrealised gain / (loss) on investments 20,173

_______

Market value at 31 December 2017 456,274======

Investments at cost 324,018______

The following investments are held:Church of Scotland Investors Trust 36,678 Units in Income Fund 456,274

_______456,274======

Investments were £456,274 (2016: £436,101) of which Unrestricted funds were £51,091 (2016: £48,832), Restricted funds were £23,673 (2016: £22,627) and Endowments were £381,510 (2016: £364,642).

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10 Current Assets 2017 2016

£ £DebtorsGift Aid tax refund due 13,510 13,909Other debtors 3,873 4,201

______ ______17,383 18,110

CashCash at bank and in hand 459,452 158,843

______ ______Total Current Assets 476,835 176,953

====== ======

Debtors of £17,383 (2016: £18,110) were all Unrestricted funds (2016: £18,110). Cash of £459,452 (2016: £158,843) was £393,588 of Unrestricted (2016: £112,924) £73,551 of Restricted (2016: £54,654) and £(7,687) of Endowment (2016: £(8,735)).

11 Creditors

Accruals 901 1,283Forward Commitments 4,555 2,069

______ ______5,456 3,352

===== =====Creditors of £5,456 (2016: £3,352) were all Unrestricted funds.

12 Analysis of Net Assets between Funds

Unrestricted Restricted Endowment Total£ £ £ £

Fixed Assets - - - -Investments 51,091 23,673 381,510 456,274Current Assets 410,971 73,551 (7,687) 476,835Current Liabilities (5,456) - - (5,456)

_______ _______ _______ _______

Net assets at 31 December 2017 456,606 97,224 373,823 927,653

====== ====== ====== ======

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13 Movement in funds

At 1st January

2017Incoming

Resources Outgoing

Resources

Realised/ Unrealised

Gains Transfers

At 31st December

2017£ £ £ £ £ £

Endowment Funds

Gow Memorial Fund 10,929 644 (235) 708 (195) 11,851Kydd Bequest 6,195 295 - 325 (295) 6,520Nicholson Bequest 23,716 1,151 - 1,267 (1,151) 24,983Dargie Bequest 26,731 1,065 - 1,172 (1,065) 27,903Congregational Trust Fund 52,703 2,489 - 2,738 (2,489) 55,441Tomlinson Bequest 33,300 1,331 - 1,464 (1,331) 34,764Chambers Bequest 24,396 984 - 1,081 (983) 25,478W Deuchars Bequest 33,023 1,377 - 1,515 (1,377) 34,538Byres Bequest 7,086 298 - 328 (298) 7,414Craig Bequest 6,606 248 - 273 (248) 6,879Cairncross Bequest 9,246 348 - 382 (348) 9,628Wilkinson Memorial Fund 3,905 282 - 310 - 4,497Kirk Session Benevolent Fund 1,894 13 - - - 1,907Scott Bequest 673 5 - - - 678Robertson Bequest 61,172 2,572 - 2,830 (2,573) 64,001Carmichael Endowment 559 23 - 26 (24) 584Lilburn Memorial Fund 5,628 237 - 261 (238) 5,888Hunter Bequest 370 16 (5) 17 (10) 388Ogilvy-Smith Youth Fund 2,254 179 (60) 197 (119) 2,451Findlay Legacy 1,640 90 - 98 (90) 1,738Carnegie Bequest 856 36 - 40 (36) 896Boys’ Brigade 12,123 423 - 465 - 13,011Simpson Memorial Fund 653 4 - - - 657Dorcas Fund 801 100 (110) 21 - 812McKee Bequest 7,345 298 (180) 328 - 7,791E Deuchars Bequest 22,103 929 - 1,022 (929) 23,125

_______ _______ _______ _______ _______ _______355,907 15,437 (590) 16,868 (13,799) 373,823====== ====== ====== ====== ====== ======

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13 Movements in funds (continued)

At 1st January

2017Incoming

Resources Outgoing

Resources

Realised/ Unrealised

Gains Transfers

At 31st December

2017£ £ £ £ £ £

Restricted Funds

Organ Maintenance Fund 6,604 243 - 267 - 7,114Garden Fund 17,257 20,573 (1,195) 780 238 37,653The 250 Fund 51,512 11,265 (17,396) - 5,093 50,474Flower Committee 1,908 1,789 (1,734) - 20 1,983

_______ _______ _______ _______ _______ _______77,281 33,870 (20,325) 1,047 5,351 97,224

====== ====== ====== ====== ====== ======

Unrestricted Funds

Unrestricted DesignatedWyvern Account 2,154 1,471 (1,388) - - 2,237IT Development Fund 446 - - - - 446Fabric Account 320,410 54,233 (32,088) 10,860 100 353,515Church of Scotland Guild 33,374 3,491 (2,064) 1,516 (1,370) 34,947Common Good Fund 10,961 - (250) - (2,803) 7,908Traidcraft Fund 2,722 3,739 (3,525) - (100) 2,836Sunday Stars and Sunbeams 789 140 (404) - 400 925Sunday Seekers 181 82 (223) - 150 190Bowling Club 789 246 (102) - - 933

______ ______ ______ ______ ______ ______371,826 63,402 (40,044) 12,376 (3,623) 403,937

Unrestricted GeneralReserve Account 22,773 69,518 (88,232) - 16,474 20,533Life & Work Account - 367 (355) - (12) -Fundraising Group 31,915 4,612 - - (4,391) 32,136

_______ ______ _______ ______ ______ ______54,688 74,497 (88,587) - 12,071 52,669

_______ _______ ______ _______ _______ _______426,514 137,899 (128,631) 12,376 8,448 456,606

======= ====== ====== ====== ====== ======

Total Funds 859,702 187,206 (149,546) 30,291 - 927,653======= ====== ======= ====== ====== ======

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14 Collections for Third Parties 2017 2016£ £

Christian Aid 1,458 1,619Dundee Foodbank 393 -Haiti Disaster Appeal - 277Hurricane Matthew Appeal - 213Glenlaw House children’s charity - 229Yemen Disaster Appeal - 70

_______ _______1,851 2,408

_______ _______

15 Volunteers

In common with all congregations of the Church of Scotland, the congregation benefits from the contributions made by volunteers who give their time and talents willingly for the benefit of the church. The areas of congregational life which rely on the contribution of volunteers are many and varied and much of the activity would be unable to continue were it not for the commitment shown.

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Appendix to the Accounts

Congregational Account

Included within the Reserve Account is the Congregational Account. An abbreviated statement of Congregational Account Income & Expenditure is shown below.

2017 2016£ £

Income Free Will Offering Scheme - Not under Gift Aid 7,730 8,145Free Will Offering Scheme - Under Gift Aid 8,922 9,205Donations – Under Gift Aid 31,404 35,090Tax Recoverable on Gift Aid Donations 12,697 13,046Ordinary Offerings - Open Plate 5,219 5,674Endowment Income 9,269 9,269Donations 3,525 3,408Transfer from Reserves for Ministerial Support 2,803 8,320Transfer from Fundraising Group 4,391 4,571

_______ _______

85,960 96,728 _______ _______

Expenditure Ministries & Mission 57,534 66,585Presbytery Dues 1,178 1,142Vacancy Expenses 1,205 -Minister’s Travelling expenses (16) 919Pulpit Supply 2,978 509Manse expenses 3,167 2,782Salary costs - Church Officer, Organist and Cleaner 9,171 8,478Salary costs – Development Worker, Church Administrator 2,803 8,320Heating and lighting 3,798 2,611Stationery and printing 187 210Advertising 646 757Telephone 600 386Other local costs 4,966 5,791Net cost of special collections - -

_______ _______

88,217 98,490_______ _______

Surplus / (Deficit) for the year (2,257) (1,762)====== ======

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