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2025-12-31-accounts

The Church of Scotland

Falkirk Trinity Church of Scotland

Congregational Ref. No. 221352

Scottish Charity No. SC000652

Congregational Accounts

For the Year Ended 31 December 2025

Trustees’ Annual Report Year ended 31 December 2025

December 2025. The financial statements have been prepared in accordance with the accoun�ng policies set out in note 1 to the accounts and comply with the General Assembly Regula�ons for Congrega�onal Finance, the Chari�es and Trustee Investment (Scotland) Act 2005, the Chari�es Accounts (Scotland) Regula�ons 2006 (as amended) and Accoun�ng and Repor�ng by Chari�es: Statement of Recommended Prac�ce applicable to chari�es preparing their accounts in accordance with the Financial Repor�ng Standard applicable in the UK and Republic of Ireland effec�ve from 1 January 2019.

Objec�ves and Ac�vi�es

The Church of Scotland is Trinitarian in doctrine, Reformed in tradi�on and Presbyterian in polity. It exists to glorify God and to work for the advancement of Christ’s Kingdom throughout the world. As a na�onal Church, it acknowledges a dis�nc�ve 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.

Services of Worship normally Sunday mornings at 10.30 a�endance c.140 (+ 10 children/young people) and Wednesday mornings at 10:30am a�endance c.25. Sunday morning service can also be viewed live online and recordings of previous services are also available on the internet. Prayers, reflec�ons and other messages are shared on social media. Special services are held at Remembrance, Holy Week and Christmas. Communion held the 1[st] Sunday in March, June, September and December as well as Easter. Children par�cipate. Prayer network and prayer tree available. Weekly tea/coffee and occasional snack lunches a�er services.

Bell Ringers , thanks to this small, experienced group our bells ring out over Falkirk most Sundays and at Christmas and Easter.

Choir rehearses occasionally before worship on Sunday mornings, usually before Christmas and Easter. Teams of volunteers operate our sound desk and mul�media systems. Around 20 people help with worship by reading, leading prayers and taking part in dramas.

Church Visitors keep in touch with members who have requested this for regular visits/communica�on as appropriate.

Family Life Centre seeks to connect with the needs of our community. Under the Family Life Centre umbrella several services are currently offered.

1

Trustees’ Annual Report Year ended 31 December 2025 (cont)

Objec�ves and Ac�vi�es (cont)

Community Involvement – Our building is used by a wide variety of community groups – Classic Music Live, Tryst Orchestra, Sco�sh Wildlife Trust, Odenwald Associa�on, Home-Start, Falkirk Camera Club, RCA Trust, Falkirk History Society, Child Bereavement UK, the Bohemains and the Anonymous Groups.

“The Cafe in the Kirk” Church Cafe open to the public on Wednesday from 11:30 to 1:30 for snack lunches.

We have a Business and Development Manager who manages the Family Life Centre and promotes the use of the building by various persons and groups in the community as a result Trinity is becoming established as an excellent venue for everything from poli�cal mee�ngs to poetry readings.

primarily in person, although online mee�ngs are held occasionally to enable the Trustees to con�nue to make necessary decisions. Other groups such as the Finance team also use this medium from �me to �me to con�nue their ac�vi�es.

Financial Review

General

A requirement to pay £87,914 in Giving to Grow contribu�ons in respect of 2025 was remi�ed in full. The 2026 Giving to Grow contribu�on has been assessed at £94,793, an increase of 8%

Church Building

maintenance costs of £5,560 rela�ng to the church were incurred. The most material items were £2,736 on the hea�ng system, £552 on work to maintain the roof, £461 to maintain the hall par��on, £257 to maintain fire safety equipment and £200 to fit out the History Room.

Manse

For the congrega�on, the Majors Loan Manse is both a substan�al asset (albeit vested in the General Trustees) and a substan�al liability. Despite there being no major works this year manse maintenance costs of £1,379 were incurred.

Nego�a�ons with the insurance company of a vehicle which damaged the garden wall of the manse were concluded during 2025 resul�ng in a receipt of £1,962.

Following the minister vaca�ng the manse in October 2025, cost of Manse U�li�es were £427 primarily to ensure the building is kept at a suitable temperature to prevent damage in cold weather.

Other Income and Expenditure

Over 2025 our bereavement support service supported adults and children resul�ng in expenditure of £28. Work undertaken by the play therapist resulted in expenditure of £12,669. Expenditure on the Snowdrop Café was £2,190 and Mini Treats costs were £960. Expenditure on other ac�vity including Seasons Group and the Happy Faces Toddlers group amounted to £608. FLC received income of £24,372 (including gi� aid relief) in 2025 which included £11,750 in grant funding.

2

Trustees’ Annual Report Year ended 31 December 2025 (cont)

Financial Review (cont)

In addi�on to the income men�oned above for the Family Life Centre, a total of £4,721 was raised from dona�ons (including gi� aid relief) to support the Labelled with Love outreach ac�vity. This includes the purchase of school uniforms and other support for the local community resul�ng in expenditure of £3,642 in 2025. This income and expenditure is also recorded within the charity’s Family Life Centre restricted fund.

The trustees are con�nuing to assess what further ac�vity the Family Life Centre can support during 2026 to ensure best use of these funds.

Risks and mi�ga�ons

The Trustees con�nue to review the major strategic business and opera�onal risks that are faced on a regular basis and where possible have established systems to monitor and mi�gate these risks.

The main risk faced by the congrega�on is damage to the A-listed Falkirk Old Parish building by natural disasters and external agencies. It is believed that our insurance policy covers this adequately and the building is subject to regular maintenance checks to remediate any defects iden�fied.

We are also vulnerable to the� of property by outside persons. This risk has been mi�gated as the Church building and grounds are covered by CCTV linked to the local police sta�on. Specifically, the entrances are covered by cameras that record persons entering and leaving the building.

Whilst we are also poten�ally vulnerable to minor pilfering from Church collec�ons, cafe receipts and fundraising events by office bearers, volunteers and employees, we do not believe this is happening and any risk has been substan�vely reduced since much of the congrega�on now donate via standing order.

Financial Posi�on at 31 December 2025

At the year end the Church held £205,258 (2024: £190,852) in Restricted Funds, mainly in the Erskine Buildings Fund. This fund, which is restricted to major Fabric expenditure approved by Presbytery, assures the con�nued viability of the A-listed church building for the foreseeable future.

The church also held unrestricted funds of £123,116 (2024: £118,032), all of which is available for general purposes.

To meet our other obliga�ons, including those to the na�onal church, without unduly running down our limited general reserves, we face a constant challenge to raise enough income from offerings and fundraising events. This restricts how we serve the wider community and make the Lord’s work visible in the town centre. It means we will con�nue to need to source external funding to support ac�vity under the Family Life Centre.

3

Trustees’ Annual Report Year ended 31 December 2025 (cont)

Investment Policy and Performance

Our policy remains unchanged with substan�al funds – mainly the Erskine Buildings Fund – invested in the Church of Scotland Investors’ Trust Income and Growth Funds.

Units in the Growth Fund increased in value by 7.8% in 2025 and units in the Income fund increased by 3.0%, reflec�ng wider market condi�ons.

In the case of Endowment Fund Capital, the policy is to invest in Fixed Interest Funds with li�le prospect of capital growth but providing an interest at least as great as the original donors of the endowments would have expected. Over the first half of 2025, these were invested in M&G Charibond. Following the closure of the M&G Charibond fund in June 2025, the Endowment Fund Capital was invested in the Church of Scotland Investors’ Trust Income fund.

Reserves Policy

In view of the size and age of the A-listed Falkirk Old Parish building, it is not the Trustees’ policy to set a formal limit on reserves held because it is extremely unlikely that sums would be accumulated significantly in excess of poten�al liabili�es in respect of the building.

Structure, Governance and Management

The congrega�on is a registered charity, number SC000652 and is administered in accordance with the terms of the Deed of Cons�tu�on (Unitary Form) and is subject to the Acts and Regula�ons of the General Assembly of the Church of Scotland.

Members of the Kirk Session are the charity trustees. The Kirk Session members are the elders of the church and are chosen from those members of the church who are considered to have the appropriate gi�s and skills. The minister, who is a member of the Kirk Session, is elected by the congrega�on and inducted by Presbytery. The Kirk Session which meets at least five �mes a year is also responsible for spiritual affairs within the church.

4

Trustees’ Annual Report Year ended 31 December 2025 (cont)

Reference and Administra�ve Informa�on

Charity Name: Falkirk Trinity Church of Scotland. Charity No: SC000652 Trustees

Those serving as Elders and Trustees at the date of the report are:

Robert Allan Heidi Hemsley Sarah Patrick David Brotchie Linda Hendry Marianne Pa�son Margaret Bruce Nina Hodgson Shona Penman Ian Carradine Rosemary Hoskins Keith Raffan Ruth Cochran Isabel Sarle Alastair Jeffrey David Foggo Morag Jenkinson Fiona Sco� Margaret Foggo Morag Mackay Hamish Sco� Lilian Gallacher Iain MacSween Moira Simpson Joyce Gallacher Jamie MacSween Catherine Smith James Harley* Jean MacSween Helen Smith Lynn Harris Caroline Macfarlane Callum Stuart Phil Harris Henrie�a McRae Margaret-Ann Williamson

Elizabeth Brotchie re�red 22 April 2025.

Independent Examiner Minister: Rev Robert S T Allan Paul M Clelland CA Session Clerk: Miss Catherine Smith Paul Clelland Accountancy Church Treasurer: Mr Callum Stuart 74 Norse Road Glasgow G14 9EF

Manse Place Falkirk FK1 1JN

Bankers

Royal Bank of Scotland 2 Newmarket Centre Falkirk FK1 1JX

5

Trustees’ Annual Report Year ended 31 December 2025 (cont)

Trustees' Responsibili�es in Rela�on to the Financial Statements

accordance with applicable law and United Kingdom Accoun�ng Standards (United Kingdom Generally Accepted Accoun�ng Prac�ce).

year which show a true and fair view of the state of affairs of the charity and of the income and expenditure of the charity for that period. In preparing the financial statements, the trustees are required to:

the charity’s transac�ons and disclose with reasonable accuracy at any �me the financial posi�on of the charity and to enable them to ensure that the financial statements comply with the Chari�es and Trustee Investment (Scotland) Act 2005 and the Chari�es Accounts (Scotland) Regula�ons 2006 (as amended). They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the preven�on and detec�on of fraud and other irregulari�es.

congrega�on’s website. Legisla�on in the United Kingdom governing the prepara�on and dissemina�on of financial statements may differ from legisla�on in other jurisdic�ons.

As far as we are aware, there is no relevant audit informa�on of which the auditors are unaware and we have taken reasonable steps to ensure that this is the case.

Approved by the Trustees and signed on their behalf,

Catherine Smith Session Clerk

Date 2 June 2026

6

Falkirk Trinity Church of Scotland Independent Examiner’s Report to the Trustees of Falkirk Trinity Church of Scotland

Year ended 31 December 2025

I report on the accounts of the charity for the year ended 31 December 2025 which are set out on pages 8 to 22.

Respec�ve responsibili�es of trustees and examiner

The charity’s trustees are responsible for the prepara�on of the accounts in accordance with the terms of the Chari�es and Trustee Investment (Scotland) Act 2005 and the Chari�es Accounts (Scotland) Regula�ons 2006 (as amended).

The charity trustees consider that the audit requirement of Regula�on 10(1) (a) to (c) of the Accounts Regula�ons does not apply. It is my responsibility to examine the accounts as required under sec�on 44(1) (c) of the Act and to state whether par�cular ma�ers have come to my a�en�on.

Basis of independent examiner’s statement

My examina�on is carried out in accordance with Regula�on 11 of the Chari�es Accounts (Scotland) Regula�ons 2006 (as amended). An examina�on includes a review of the accoun�ng records kept by the charity and a comparison of the accounts presented with those records. It also includes considera�on of any unusual items or disclosures in the accounts, and seeks explana�ons from the trustees concerning any such ma�ers. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In the course of my examina�on, no ma�er has come to my a�en�on

  1. which gives me reasonable cause to believe that in any material respect the requirements:

  2. to keep accoun�ng records in accordance with Sec�on 44(1) (a) of the 2005 Act and Regula�on 4 of the 2006 Accounts Regula�ons (as amended), and

  3. to prepare accounts which accord with the accoun�ng records and comply with Regula�on 8 of the 2006 Accounts Regula�ons (as amended) have not been met, or

  4. to which, in my opinion, a�en�on should be drawn in order to enable a proper understanding of the accounts to be reached.

Name: Paul M Clelland

Date: 3rd June 2026

Professional Qualifica�on/Professional Body: Chartered Accountant/Ins�tute of Chartered Accountants of Scotland

Address: Paul Clelland Accountancy 74 Norse Road Glasgow G14 9EF

7

Falkirk Trinity Church of Scotland - Year Ended 31 December 2025 Statement of Financial Activities

Unrestricted Restricted Endowment Endowment **TOTAL 2025 ** Unrestricted Restricted Endowment Endowment TOTAL 2024
Funds 2025 Funds 2025 Funds 2025 Funds 2024 Funds 2024 Funds 2024
Note £ £ £ £ £ £ £ £
Income and Endowments from
Donations and Legacies 1 158,682 29,997 - 188,679 169,938 16,966 - 186,904
Charitable Activities 2 5,838 - - 5,838 2,416 - - 2,416
Other Trading Activities 3 47,099 - - 47,099 40,852 - - 40,852
Investments 4 10,116 - 585 10,701 10,628 - 521 11,149
Total Income 221,735 29,997 585 252,317 223,834 16,966 521 241,321
Expenditure on: 5
Raising Funds 5,782 130 - 5,912 3,592 - - 3,592
Charitable Activities
Congregational Activities 218,982 24,734 555 244,271 213,502 21,364 494 235,360
Grants and Donations Made - - - - - 400 - 400
Total Expenditure 224,764 24,864 555 250,183 217,094 21,764 494 239,352
Net income / (expenditure)
before gains and losses on
investments (3,029) 5,133 30 2,134 6,740 (4,798) 27 1,969
Net gains / (losses) on investments 7,647 9,273 227 17,147 4,434 10,439 (419) 14,454
Net income / (expenditure) 4,618 14,406 257 19,281 11,174 5,641 (392) 16,423
Transfers between Funds - - - - - - - -
Net Movement in Funds 4,618 14,406 257 19,281 11,174 5,641 (392) 16,423
Reconciliation of Funds:
Total Funds brought forward 118,032 190,852 12,868 321,752 106,858 185,211 13,260 305,329
Total Funds carried forward 122,650 205,258 13,125 341,033 118,032 190,852 12,868 321,752
The above statement includes all gains and losses recognised during the year.
The notes on pages 10 to 22 form part of these financial statements. 8

8

Falkirk Trinity Church of Scotland Year Ended 31 December 2025

9

Falkirk Trinity Church of Scotland Year Ended 31 December 2025

Notes forming part of the financial statements for the year ending 31 December 2025

Accoun�ng Policies

The principal accoun�ng 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 prepara�on

Statement of Recommended Prac�ce (FRS102 SORP 2015) applicable to chari�es preparing their accounts in accordance with the Financial Repor�ng Standards applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014 and the Financial Repor�ng Standard applicable in the UK and Republic of Ireland (FRS102), the Chari�es and Trustee Investment (Scotland) Act 2005 and the Chari�es accounts (Scotland) Regula�ons 2006 (as amended).

The requirements of FRS102 SORP 2015 have not been followed with regard to the treatment of income earned from permanent endowment funds, of which there are 14 held by the charity. Income, and expenditure and transfers to unrestricted funds where allowed by the terms of the endowment, have been shown as part of the endowment funds rather than in separate funds. In the majority of the funds where expenditure is possible within the restric�ons imposed by the fund, income is fully expended within the current year and therefore the net movement on the fund relates only to the gain or loss on investment, which is what is required by the SORP. In some cases, income earned has been added to the fund with no expenditure applied. Over �me, a small balance of accumulated income has accrued across these funds, amoun�ng to £1,417 at the balance sheet date. The remaining amount of £11,708 represents the permanent endowment capital held as investments, as shown in note 13. The trustees are content that the true and fair view of the accounts is not impaired by this departure from the SORP requirements.

The charity has opted not to report on the ac�vity basis. Expenditure is instead reported by type.

Fund accoun�ng

or with their authority or created through legal processes, but s�ll within the wider objects of the charity. Endowment funds are funds which have been given on the condi�on that the original capital sum is not reduced, but the income there from is used for the purpose defined in accordance with the as objects of the charity. Unrestricted funds are expendable at the discre�on of the trustees in furtherance of the objects of the charity. If parts of the unrestricted funds are earmarked at the discre�on of the trustees for a par�cular purpose, they are designated as a separate fund. This designa�on has an administra�ve purpose only and does not legally restrict the trustees’ discre�on to apply the fund.

Going concern

The Trustees consider that there are no material uncertain�es about the ability of the charitable company to con�nue for the foreseeable future, and therefore has adopted the going concern basis in preparing these

10

Falkirk Trinity Church of Scotland Year Ended 31 December 2025

Notes forming part of the financial statements (continued)

Income

Income is recognised when the charity has en�tlement to the funds, any performance condi�ons a�ached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Donated services and facili�es

Donated professional services and donated facili�es are recognised as income when the charity has control over the item, any condi�ons associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Chari�es SORP (FRS102) the general volunteer �me of congrega�on members is not recognised.

On receipt, donated professional services and donated facili�es are recognised on the basis of the value of the gi� to the charity which is the amount the charity would have been willing to pay to obtain services or facili�es of equivalent economic benefit on the open market; a corresponding amount is then recognised as expenditure in the period of receipt.

Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon no�fica�on of the interest paid or payable by the Bank.

Fixed Assets

Church, halls and manse, vested in the Church of Scotland General Trustees. No considera�on is payable for the use of these assets. Expenditure incurred on the repair and maintenance of these assets is charged as resources expended in the Statement of Financial Ac�vi�es in the period in which the liability arises.

other than those acquired for specific purposes, are capitalised. Deprecia�on is provided on a straight-line basis to write off the cost or ini�al value, less residual value, of tangible fixed assets over their es�mated useful lives: Fixtures, fi�ngs and office equipment 4 years Motor vehicles n/a

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.

Taxa�on

Falkirk Trinity Church of Scotland is recognised as a charity for the purposes of applicable taxa�on legisla�on and is therefore not subject to taxa�on on its charitable ac�vi�es. The charity is not registered for VAT and resources expended therefore include irrecoverable input VAT.

11

Falkirk Trinity Church of Scotland Year Ended 31 December 2025

Notes forming part of the financial statements (continued)

Income and Endowments from
1
Donations and Legacies
Offerings & Donations
FLC Donations (incl tax recovered)
Tax Recovered
Endowment Income (Stipend)
Grants received
Legacy income
2
Charitable Activities
Other income from events
Weddings & Funerals
3
Other Trading Activities
Sales of Lunches & Provisions
Use of Premises
4
Investments
Investment Income
Bank & Deposit Int
Total income
TOTAL 2025
TOTAL 2024
£
£
£
£
£
£
£
£
126,130
903
-
127,033
120,349
565
-
120,914
-
17,344
-
17,344
-
12,401
-
12,401
23,264
-
-
23,264
22,877
-
-
22,877
1,870
-
-
1,870
1,897
-
-
1,897
-
11,750
-
11,750
-
4,000
-
4,000
7,418
-
-
7,418
24,815
-
-
24,815
Restricted
Funds 2024
Endowment
Funds 2024
Unrestricted
Funds 2025
Restricted
Funds 2025
Endowment
Funds 2025
Unrestricted
Funds 2024
158,682
29,997
-
188,679
169,938
16,966
-
186,904
4,838
-
-
4,838
1,666
-
-
1,666
1,000
-
-
1,000
750
-
-
750
5,838
-
-
5,838
2,416
-
-
2,416
11,520
-
-
11,520
10,479
-
-
10,479
35,579
-
-
35,579
30,373
-
-
30,373
47,099
-
-
47,099
40,852
-
-
40,852
9,486
-
585
10,071
10,628
-
521
11,149
630
-
-
630
-
-
-
-
10,116
-
585
10,701
10,628
-
521
11,149
221,735
29,997
585
252,317
223,834
16,966
521
241,321

12

Falkirk Trinity Church of Scotland Year Ended 31 December 2025

Notes forming part of the financial statements (continued)

Expenditure on Raising Funds
Cafe Costs
Event Costs
Total Expenditure on Raising Funds
Expenditure on Charitable Activities
Congregational Activities
Capitation Fees
Courses, Course Material and Conferences
Depreciation
Energy, Water and Waste
Fabric Maintenance
Giving to Grow Contribution
Guild
Insurances
Labelled with Love
Minister & Manse
Office/General Administrative Expenses
Other Activity Costs
Other Professional Services
Presbytery & Presbyterial Council Dues
Sessional Play Therapist
Staff Costs
Travel & Accommodation
Worship and Mission
Total Expenditure on Congregational Activities
5 Expenditure
TOTAL 2025
TOTAL 2024
£
£
£
£
£
£
£
£
3,843
-
-
3,843
3,198
-
-
3,198
1,939
130
-
2,069
394
-
-
394
Unrestricted
Funds 2025
Restricted
Funds 2025
Endowment
Funds 2025
Unrestricted
Funds 2024
Restricted
Funds 2024
Endowment
Funds 2024
5,782
130
-
5,912
3,592
-
-
3,592
363
-
-
363
245
-
-
245
-
-
-
-
-
175
-
175
3,171
-
-
3,171
-
-
-
-
23,896
-
-
23,896
21,238
-
-
21,238
26,929
2,190
-
29,119
27,917
4,512
-
32,429
87,914
-
-
87,914
91,279
-
-
91,279
-
708
-
708
-
228
-
228
8,123
-
3
8,126
7,201
-
3
7,204
-
3,642
-
3,642
-
3,839
-
3,839
5,130
-
-
5,130
7,586
-
-
7,586
5,473
44
-
5,517
5,508
17
-
5,525
-
2,062
-
2,062
-
2,091
-
2,091
1,050
-
-
1,050
1,259
-
-
1,259
2,826
-
-
2,826
2,973
-
-
2,973
-
12,659
-
12,659
-
9,408
-
9,408
46,646
-
-
46,646
42,198
-
-
42,198
-
3,429
-
3,429
-
1,094
-
1,094
7,461
-
552
8,013
6,098
-
491
6,589
218,982
24,734
555
244,271
213,502
21,364
494
235,360

13

Falkirk Trinity Church of Scotland Year Ended 31 December 2025

Notes forming part of the financial statements (continued)

Grants and Donations Made
Seagull Trust
Church of Scotland
Total Grants and Donations Made
Total Expenditure
5 Expenditure (continued)
TOTAL 2024
£
£
£
£
£
£
£
£
-
-
-
-
-
150
-
150
-
-
-
-
-
250
-
250
Unrestricted
Funds 2025
Restricted
Funds 2025
Endowment
Funds 2025
Unrestricted
Funds 2024
Restricted
Funds 2024
Endowment
Funds 2024
TOTAL 2025
-
-
-
-
-
400
-
400
224,764
24,864
555
250,183
217,094
21,764
494
239,352

Expenditure includes governance costs of £1,050 (2024: £1,000) for independent examination of accounts

14

Falkirk Trinity Church of Scotland Year Ended 31 December 2025

Notes forming part of the financial statements (continued)

6 Staff costs and numbers
Gross Salaries
Employer's Pension Contributions
Total
The average number of employees during the year, calculated on the
basis of a head count, was as follows:
Administration
Music staff
Caretaker
2025
2024
£
£
43,561
41,193
807
705
44,368
41,898
2025
2024
Number
Number
1
1
0
1
2
2

No employee had employee benefits in excess of £60,000 (2024: nil)

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 £32,433 and the maximum stipend (in the fifth and subsequent years) £39,856.

7 Trustee Remuneration and Related Party Transactions

Nina Hodgson, Business and Development Manager, became a trustee on 24 March 2024. During 2025, she was paid salary of £27,644 (2024 from date of becoming a trustee: £21,804) in connection with this post, and employer pension contributions of £642 (2024: £507) were made on her behalf.

Catherine Smith, a trustee, received £100 for providing pulpit supply during the year.

In addition to his stipend (covered by the above note), the Minister, Rev R S T Allan, received the following additional payments and benefits;- travelling expenses of £1,514 (2024: £1,671), telephone expenses of £480 (2024: £480) and council tax on the manse of £3,292 (2024: £3,563).

During the year a total of £20,083 was donated to the charity by trustees (2024: £21,438).

8 Operating Leases

At the balance sheet date, the charity had commitments under a non-cancellable operating lease for a photocopier, as follows:

2025 2024
payable not later than one year 859 859
payable later than one year and not later than five years 1,504 2,363
Operating lease payments included within expenditure 859 1,325

15

Falkirk Trinity Church of Scotland Year Ended 31 December 2025

Notes forming part of the financial statements (continued)

**9 ** Tangible Fixed Assets
Fixtures, Fittings & Office Total
Equipment
Cost £ £
At 1 January 2025 9,131 9,131
Additions 12,686 -
Disposals - -
At 31 December 2025 21,817 9,131
Depreciation
At 1 January 2025 9,131 9,131
Charge for year 3,171 3,171
At 31 December 2025 12,302 12,302
Net Book Value
At 31 December 2025 9,515 9,515
At 31 December 2024 - -
**10 ** Investments
2025 2024
£ £
Market value at 31 December 287,344 272,890
Disposal of M&G Charibond at market value (11,481) -
(Loss) / gain on investments 17,095 14,454
Market value at 31 December 292,958 287,344
Investments at cost 232,876 245,998
The following investments are held:
C of S Growth Fund (24,875 units)
C of S Income Fund (9,861 units)
M & G Charifund (550 units)
**11 ** Debtors & Prepayments £ £
Outstanding Gift Aid Claims 7,971 7,402
Accrued income: hall lets 852 444
Accrued income: other 1,041 156
Prepaid expenditure - 275
9,864 8,277
11a Bank & Cash £ £
Church of Scotland Deposit Fund 14,088 19,183
Royal Bank of Scotland - General Account 20,320 13,680
Royal Bank of Scotland - C of S Guild 667 471
Cash Sunday School - -
35,075 33,334
11b Stocks £ £
Stocks Hall Snacks 120 125
120 125

16

Falkirk Trinity Church of Scotland Year Ended 31 December 2025

Notes forming part of the financial statements (continued)

12 Creditors
Payroll Liabilities
Accruals and other creditors
13 Analysis of Net Assets Between Funds
Unrestricted
Restricted
£
£
Fixed Assets
9,515
-
Investments
95,517
185,733
Current Assets
24,117
19,525
Current Liabilities
(6,499)
-
Net assets at 31 Dec 2025
122,650
205,258
13a Analysis of Net Assets Between Funds - Prior Year
Unrestricted
Restricted
£
£
Fixed Assets
-
-
Investments
97,312
178,551
Current Assets
28,048
12,301
Current Liabilities
(7,328)
-
Net assets at 31 Dec 2024
118,032
190,852
12 Creditors
Payroll Liabilities
Accruals and other creditors
13 Analysis of Net Assets Between Funds
Unrestricted
Restricted
£
£
Fixed Assets
9,515
-
Investments
95,517
185,733
Current Assets
24,117
19,525
Current Liabilities
(6,499)
-
Net assets at 31 Dec 2025
122,650
205,258
13a Analysis of Net Assets Between Funds - Prior Year
Unrestricted
Restricted
£
£
Fixed Assets
-
-
Investments
97,312
178,551
Current Assets
28,048
12,301
Current Liabilities
(7,328)
-
Net assets at 31 Dec 2024
118,032
190,852
2025
2024
£
£
1,960
1,203
4,539
6,125
6,499
7,328
Endowment
Total
£
£
-
9,515
11,708
292,958
1,417
45,059
-
(6,499)
122,650
205,258
13,125
341,033
Endowment
Total
£
£
-
-
11,481
287,344
1,387
41,736
-
(7,328)
118,032
190,852
12,868
321,752

14 Volunteers

In common with all congregations of the Church of Scotland the congregation benefits from the contribution 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.

17

Falkirk Trinity Church of Scotland Year Ended 31 December 2025

Notes forming part of the financial statements (continued)

15 Movements in Funds
Endowment funds
Assistant Ministers Fund
Baird Bequest
Benevolent Fund
Buchanan Bursary
James & Margaret Stewart
John & Josephine Christie Fund
Margaret F C Duncanson (S.S.)
Joseph & Anna Hunter Fund
Robert & Margaret Hunter Fund
Organ Fund
MacLuckie Bequest
Melville Bequest
Mission Fund
Monument Fund
Restricted funds
Bible Fund (New Members)
Erskine Buildings Fund
Family Life Centre (restricted)
Flower Fund
Schüren Fund
Traidcraft
C of S Guild
Unrestricted funds
Bequest/Reserve Account
Fabric fund
General Fund
Church Café
Sunday School
Fixed Assets
Refugee Support
Youth Development
Total funds
At 1 Jan
2025
Income
Expenditure Transfers
Gains &
Losses
At 31 Dec
2025
£
£
£
£
£
1,533
78
(78)
-
30
1,563
37
2
(2)
-
1
38
1,160
40
(40)
-
16
1,176
528
18
(18)
-
7
535
1,358
63
(63)
-
24
1,382
1,306
60
(60)
-
23
1,329
2,041
102
(102)
-
40
2,081
601
30
(30)
-
12
613
608
30
(30)
-
12
620
606
27
-
-
10
643
2,665
128
(128)
-
50
2,715
61
3
(3)
-
1
62
46
1
(1)
-
-
46
318
3
-
-
1
322
12,868
585
(555)
-
227
13,125
398
-
-
-
-
398
178,551
-
(2,091)
-
9,273
185,733
10,909
29,094
(22,065)
-
-
17,938
71
-
-
-
-
71
373
-
-
-
-
373
3
-
-
-
-
3
547
903
(708)
-
-
742
190,852
29,997
(24,864)
-
9,273
205,258
62,767
-
-
-
-
62,767
7,318
7,832
(2,199)
-
-
12,951
26,448
202,023
(215,474)
(12,763)
7,647
7,881
21,368
11,880
(3,843)
-
-
29,405
-
-
(77)
77
-
-
-
-
(3,171)
12,686
-
9,515
-
-
-
-
-
-
131
-
-
-
-
131
118,032
221,735
(224,764)
-
7,647
122,650
321,752
252,317
(250,183)
-
17,147
341,033

18

Falkirk Trinity Church of Scotland Year Ended 31 December 2025

Notes forming part of the financial statements (continued)

15 Movements in Funds (continued)

Purposes of Endowment Funds
Assistant Ministers Fund Income from the Assistant Ministers Fund is to be used for payment of
salary of assistant minister or for pulpit supply.
Baird Bequest Income from the Baird Bequest is for use by the Sunday School.
Benevolent Fund Income from the Benevolent Fund is to be used for Christmas Gifts via
Pastoral Care Team
Buchanan Bursary Income from the Buchanan Bursary is to be used to assist young people in
their quest of becoming ministers.
James & Margaret Stewart Income from the James & Margaret Stewart Bequest can be used at the
discretion of Kirk Session.
John & Josephine Christie Fund Income from the John & Josephine Christie Fund can be used at the
discretion of Kirk Session.
Margaret F C Duncanson (S.S.) Income from the Margaret F C Duncanson (S.S.) Bequest is for use by the
Sunday School.
Joseph & Anna Hunter Fund Income from the Joseph & Anna Hunter Fund is to be used 1/3 for Sunday
School, 1/3 for Pastoral Care and 1/3 for General Purposes.
Robert & Margaret Hunter Fund Income from the Robert & Margaret Hunter Fund is to be used 1/3 for
Sunday School, 1/3 for Pastoral Care and 1/3 for General Purposes.
Organ Fund Income from the Organ Fund is to be used for upkeep of the organ.
MacLuckie Bequest Income from the MacLuckie Bequest is to be used for Good Work via
Pastoral Care Team.
Melville Bequest Income from the Melville Bequest is to be used to assist in payment of fire
insurance on windows.
Mission Fund Income from the Mission Fund is to be used in support of C of S Mission
Work.
Monument Fund Income from the Monument Fund is to be used to help maintain monument
and burial grounds within Parish Church.
Purposes of Restricted Funds
Bible Fund (New Members) This is a fund to provide Bibles for New members
Erskine Buildings Fund This holds the capital arising from the sale of the Erskine Manse and
Church. According to current Church of Scotland regulations, this can only
be spent on major Fabric Expenditure permitted by Presbytery. The
income, which can be spent at the discretion of the Kirk Session, is
credited to the fabric fund.
Family Life Centre This fund arises from specific grants and donations which fund a number of
our social outreach programmes. It includes Play Therapy, Bereavement
Support, Labelled with Love (previously called Uniform Bank and Trinity
Feeding Families), Tots and Toddlers, Warm Spaces, Snowdrop Café and
The Wanderers. During 2021, the balance on the previously held designated
fund for these activities was added to this fund.
Flower Fund This is a fund to provide flowers for display during services of worship.
Schüren Fund A number of Falkirk churches are involved in occasional exchange visits
with churches in Schüren, Germany. The balance carried forward is
available to develop these links further in future.
Traidcraft This is a trading account for seasonal Traidcraft Pop-Up Shops.
C of S Guild This covers the Church of Scotland Guild in the town centre (formerly
known as Women Together).

19

Falkirk Trinity Church of Scotland Year Ended 31 December 2025

Notes forming part of the financial statements (continued)

15 Movements in Funds (continued)

Purposes of Designated Funds
Bequest/Reserve Account Contains the capital and income from unrestricted legacies as well as
unrestricted investment income. Can be used at the discretion of Kirk
Session
Fabric fund The Trustees have set aside funds for the maintenance of the church
property.
Family Life Centre The Trustees have established this fund in order to group together a number
of our social outreach programmes. These activities are now funded from
restricted income, so the balance has been transferred to the restricted
fund created for these purposes.
General Fund Covers all the ordinary income and expenditure of the congregation apart
from the items described under the other designated funds.
Church Café This is a trading account for our Church Café run primarily by volunteers.
Their purpose is to provide a point of contact with the community and to
generate funds for external charities and the congregation.
Sunday School This covers the Sunday School (S-Kidz) and associated youth work.
Fixed Assets Covers the acquisition, depreciation and disposal of fixed assets.
Refugee Support To provide support to refugee families settling in Falkirk. Initially funded by
£500 from church café.
Youth Development To provide a fund for Youth Station and other youth activities initially funded
by £400 from church café and individual donations.

20

Falkirk Trinity Church of Scotland Year Ended 31 December 2025

Notes forming part of the financial statements (continued)

15a Movements in Funds - Prior Year
Endowment funds
Assistant Ministers Fund
Baird Bequest
Benevolent Fund
Buchanan Bursary
James & Margaret Stewart
John & Josephine Christie Fund
Margaret F C Duncanson (S.S.)
Joseph & Anna Hunter Fund
Robert & Margaret Hunter Fund
Organ Fund
MacLuckie Bequest
Melville Bequest
Mission Fund
Monument Fund
Restricted funds
Bible Fund (New Members)
Erskine Buildings Fund
Family Life Centre (restricted)
Flower Fund
Schüren Fund
Traidcraft
C of S Guild
Unrestricted funds
Bequest/Reserve Account
Fabric fund
General Fund
Church Café
Sunday School
Fixed Assets
Refugee Support
Youth Development
Total funds
At 1 Jan
2024
Income
Expenditure Transfers
Gains &
Losses
At 31 Dec
2024
£
£
£
£
£
1,589 69
(69) -
(56)
1,533
38 2
(2)
-
(1)
37
1,189 36
(36)
-
(29)
1,160
541 16
(16)
-
(13)
528
1,403 56
(56)
-
(45)
1,358
1,349 54
(54)
-
(43)
1,306
2,114 90
(90)
-
(73)
2,041
623 27
(27)
-
(22)
601
630 27
(27)
-
(22)
608
601 24 -
-
(19)
606
2,756 113
(113)
-
(91)
2,665
63 3
(3)
-
(2)
61
47 1
(1)
-
(1)
46
317 3 -
-
(2)
318
13,260
521
(494)
-
(419)
12,868
398
-
-
-
-
398
172,564
-
(4,452)
-
10,439
178,551
11,342
16,401
(16,834)
10,909
71
-
-
-
-
71
373
-
-
-
-
373
3
-
-
-
-
3
460
565
(478)
-
-
547
185,211
16,966
(21,764)
-
10,439
190,852
62,767
-
-
-
-
62,767
-
9,863
(6,219)
-
3,674
7,318
29,570
203,492
(207,126)
(248)
760
26,448
14,087
10,479
(3,198)
-
-
21,368
-
-
(248)
248
-
-
-
-
-
-
-
-
303
-
(303)
-
-
-
131
-
-
-
-
131
106,858
223,834
(217,094)
-
4,434
118,032
305,329
241,321
(239,352)
-
14,454
321,752

21

Falkirk Trinity Church of Scotland Year Ended 31 December 2025

Notes forming part of the financial statements (continued)

16 Funds Raised for Third Parties

In addition to voluntary income shown in note 1, donations and income from events were received for the following charities during the year:

Christian Aid (note a)
Water Aid (note b)
Shelter (note c)
Falkirk Foodbank (note c)
Mary's Meals (note c)
Church of Scotland (Moderator's Challenge) (note d)
Boys' Brigade Scotland (note e)
2025
2024
£
£
3,153
2,766
614
452
298
1,007
100
162
-
1,193
-
245
-
806
4,165
6,631

All of the above amounts were distributed to the recipient organisations during the year.

Notes

Note a This was the result of fundraising during Christian Aid Week Note b This was the proceeds of jewellery sales along with other donations Note c Proceeds of retiring collections Note d This was the proceeds of donations arising from the Moderator's Challenge Note e Proceeds of a collection taken at the funeral of church member with close links to the BB

22

APPENDIX Funds held by the Church of Scotland General Trustees for the benefit of the congregation 221352 Falkirk Trinity Cor￿lidated Fabric Fund CAPITAL ACCOUNT Credit balances held at 31 December al cosl Market values of balances at 31 December REVENUE ACCOUNT Debrt balance al 31 December TEMPORARY ACCOUNT Debrt balance at 31 December 31 EXPENDABLE Credrt balances held al 31 December at cost Market values of balances at 310ecember PERMANENT EMDOWMENT Credit balances held at 31 December al cosl Market value of balances at 31 December 23