St Andrew's Parish Church

Coatbridge

Financial Statements

Year to 31 December 2001

The Stated Annual Meeting of the Congregation

will follow the 11am Service on Sunday, 17 March 2002

GENERAL FUND Year to 31 December 2001
			Budget
2000		2001	2002
£		£	£
	ORDINARY GENERAL INCOME
	Offerings:
59,874	Freewill Offering scheme	60,062	62,000
7,376	Tax recovered on Covenants and Gift Aid Donations	8,487	8,500
3,259	Ordinary offerings (open plate)	2,905	3,000
2,201	Donations	1,056	1,200
72,710		72,510	74,700
	Other ordinary general income:
1,390	Collection Boxes	1,411	1,500
800	Sunday Teas	900	800
370	Services	360
64	Greenhill Primary	0
168	Raindrops	0
250	Alcoholics Anonymous	100
6	Starehe collection	0
180	London College of Music and Drama	140
185	Slimming World	0
540	Children’s Drama	0
0	Organists Events	60
0	North Lanarkshire Guides	30
0	Scouts Carol Service	20
	Fund raising		2,000
501	Fiddlers Rally	0
1432	Table Top Sale	0
0	Flower Demonstration	120
	Contributions from Congregational Organisations		2,000
300	The Guild	550
100	Men's Club	200
200	Rainbows, Brownies and Guides	200
400	Thursday Club	400
200	Social Committee	200
280	Sunday School	0
600	Line Dancing	600
7,966		5,291	6,300
£ 80,676	Total ordinary general income	£ 77,801	£ 81,000

GENERAL FUND Year to 31 December 2001
			Budget
2000		2001	2002
£		£	£
	ORDINARY GENERAL EXPENDITURE
35,354	Local Ministry	36,862	37,124
18,345	Mission and Wider work of the Church	19,101	18,760
21,808	Local Congregational purposes	21,616	25,032
£ 75,507		£ 77,579	£ 80,916
5,169	Surplus for year	222	84
2,341	Add: General Fund balance at 1 January	2,510	732
7,510		2,732	816
5,000	Less: Transferred to Fabric Fund	2,000	0
£ 2,510	General Fund Balance at 31 December	£ 732	£ 816

ORDINARY GENERAL EXPENDITURE Year to 31 December 2001
			Budget
2000		2001	2002
£		£	£
	Local Ministry:
18,886	Minister's Stipend	19,579	20,268
1,835	Employer's National Insurance	1,901	1,967
6,500	Service Supplement Fund	6,760	5,980
3,822	Main Pension Fund	3,961	4,099
382	Housing and loan fund	396	410
700	Insured pension fund	800	800
2,679	Minister's travelling expenses and telephone	2,865	3,000
0	Pulpit supply	0	0
550	Auxiliary Minister’s Expenses	600	600
£ 35,354		£ 36,862	£ 37,124
	Mission and Wider Work of the Church
17,560	Mission and Aid Fund (allocation)	18,290	17,910
785	Presbytery Dues	811	850
£ 18,345		£ 19,101	£ 18,760
	Local Congregational Purposes
2,584	Organists	2,496	2,688
2,832	Cleaners	2,928	3,024
480	Beadle	500	520
1,869	Stationery	915	1,000
248	Sunday School expenses	459	250
88	'Life & Work' (net cost)	0	75
287	Telephone	270	300
281	Organ and piano maintenance	550	300
4,117	Repairs and maintenance	4,511	6,500
2,741	Heating and lighting	2,939	3,000
5,595	Rates and insurances	5,890	7,000
75	Communion expenses	77	75
0	Music	24	100
595	Chairs	0	0
16	Miscellaneous	57	200
£ 21,808		£ 21,616	£ 25,032

STATEMENT OF FUNDS As at 31 December 2001
		Note	£
	FUNDS
	General Fund		732
	Andrew & Helen Dick Memorial Fund	3	5,000
	Fabric Fund	4	72,341
			£ 78,073
	Represented by:
	ASSETS:
	Church of Scotland Investors Trust at cost*		4,980
	Nationwide Building Society		91
	Airdrie Savings Bank - Money Market Account		54,576
			59,647
	Royal Bank of Scotland plc - Current Account		18,426
			£ 78,073

J H McDonald .................................................... } Treasurer

* Market Value at 31 December 2001 was £ 4356 (at 31 December 2000 was £ 4980)

NOTES TO THE FINANCIAL STATEMENTS

1 BASIS OF PREPARATION

(a) The financial statements are prepared on a cash basis.

(b) Heritable properties, consisting of St Andrew's Church and halls, the manse at 77 Eglinton Street and the house at 167 Silvertonhill Avenue, Hamilton occupied by Mrs Nan Dunn (widow of the Rev James F Dunn) and are not recorded in the financial statements.

(c) All normal repairs and maintenance are charged to the Congregation's General Fund. Extraordinary repairs and improvements are charged to the Fabric Fund.

2 SPECIAL COLLECTIONS

In addition to the ordinary general income recorded on page 1, the following income from special collections was received and disbursed during the year to charities:

	£
Christian Aid – Earthquakes Appeal	687
Christian Aid – Afghanistan	905
Earl Haig Fund	287
CHAS	718
International Rescue Corps	344
	£ 2,941

3 ANDREW AND HELEN DICK MEMORIAL FUND

Balance at 1 January and 31 December 2001

£ 5,000

4 FABRIC FUND

	£	£
Balance at 1 January 2001		73,198
Add:
Land Trust	20,101
Income on Deposits and Investments	2,344
Christmas Fayre	2,589
Transfer from General Fund	2,000
		27,034
		100,232
Less:
Stained Glass Windows	18,000
Roof and gutter repairs to Church	7,496
Architect	587
Manse decoration	1,083
Church decoration	330
Central heating (Silvertonhill Avenue)	395
		27,891
Balance at 31 December 2001		£ 72,341

AUDITORS' REPORT

We have audited the financial statements of St Andrew's Parish Church, Coatbridge for the year ended

31 December 2001 as set out in pages 1 to 6. In our opinion the accounts and notes thereon have been properly prepared from the records of the Congregational Board, are in agreement therewith, and comply with the General Assembly's Regulations anent Congregational Finance.

13 February 2002 C F Nelson .................................................... }

} Auditors

C Denholm .................................................... }