The Church of Scotland Culloden and Ardersier Church of Scotland CONGREGATIONAL ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 Congregation No. 372166 Scottish Charity No. SC000662 Receipts & Paymen¢s Accounts
Trustees, Annual Report- year ended 31 December 2025 Reference & Administrative Information The Trustees present the annual report and accounts for Culloden and Ardersier Church of Scotland, for the year ended 31 December 2025. Reference and Adminlstratlve Information Charity Name Culloden alld Ardersier Church of Scotland Charity Registration No. SCCKK1662 Congregation Reference No. 372166 Contact Address The Church Office The Barn, Church of Scotland, Culloden House Avenue Culloden Inverness IV2 7AB Trustees Minister Rev Pamela Kennedy Church IKSrkl Session Members Session Clerk Mrs Lorna Ma50n Session Members: Mr David Babb Mrs Laura Clark Mrs Mary Davis Mr William Davi5 Mrs Valerie Edwards Mrslsobel Freudenihal Mrs Martina Gow Mr lan Henry Mr Peter Logie Mr Richard Mansfield Mr Andrew Ramsay Mrs Alison Ramsav Mr David Reid Mrs Lynda Thomson MY Douglas Wilby Property Conveners Mr Rrchard Mansfield, Mr Andrew Ramsay & Mr William Davis Church Treasurer Mr David W Scott. Note.. 'The freusurer 15 not o Session Member but considered os ts Trustee due to octive involvement in the dt7y to doy business operution.
Reference and Administrative Information (cont.) Principal Office Bearers at year end:. Minister Rev Pamela Kennedy Session Clerk Mis Lorna Mason Mission Dev Assisiant .. Vacdnt Property Conveners Mr Richard Mansfield, Mr Andrew Rarnsay & Mr Wi11Sam Davis Safe Guarding Officers Mr Richard Mansfield / Mrs Marion Mansfield TTeasurer .. Mr David W Scott Church Manager 18aTnl Mrs Isobel Freudenthal Local Mission Church stewardship team Mr David Babb Mrs Lynda Thomson Mrs Laura Clark Ms Carol Dilling Independent Examiner:. Mr Derek Steel 22 Oakdene Court Culloden Inverness IV27XL Bankers:. The Royal Bank of Scotland pl Webslte:_ www.cJllodenandarder5ieichurch.or Site Locations: The Bain, Church of Scotland, Culloden House Avenue, Culloden, Inverness, Highland, IV27AB. Ardersier local Mis51on Church, 50 High Street, Ardersier, Inverness, Highland, IV2 7QE
Trustees, Annual Report Year ended 31 December 2025 Structure, Governance and Management Governing Document The Church 15 adrninistered in accordance with the term5 of the Deed of Constitution (Unitary Forml. Recruitment and Appointment of Trustees Members of the Unitary Board are the Charity Trustees. The Unitary Board is made up of The Minister and Kirk Session members (who are the Elders of the Churth and are chosen from those members of the Church who are considered to have the appropriate gifts and skills) and in addition the Kirk Session have invited individuals who are believed to have the skills and commitment to contribute to the management affairs of the Church, to work with them as members of the Uniiary Board. Organisational Strurture The Unitary Board is chaired by the Minister and meets a rninimum of stx times in a year. There are a number of core Teams within thè Board. The Kirk Session members are Tespon5ible for spiritual affaifs within the Church and Ihey also oversee & guide tearns established with special responsibility for Worship,. Nurture,. Frontline,. Property and Finance & Administration as appropriate. Objertives and Activltles The Church of Scotland is Trinitarian in doctrine, reformed in tradStion 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 distinrtive call and duty to brin8 the Ordinances of religion to the people in every Parish of Scotland through a territorial ministry. It CQ-operates with other Churches in various ecumenical bodies in Scotland and beyond. The Barn Church, Culloden, provides Sunday worship service5 for member5 and the wider Parish population of all ages and learfilng abilities. Ardersier Church is our Local Mission Church nuTturin8 the local Christian community in thai area. A5 a united Church we continue to foster caring evangelism to meet the needs of our community, Wlth a special focus on the poorest and most rnarginalised, Our Vision as a United Church is .' By worshiping God as Father, Son & Holy Spirit. we want to know jesus so that we can make hirn known. Iln17.'3,. Ac20'.241.
Trustees, Annual Report Year ended 31 December 2025 Achievements, Performance and Financial Review Membership ond Worshlp Attendonce As of December 2025, the Church's mèmbership roll stood at 191 individuals. Of these, 160 are registered as Mernber5, while a fijrther 31 are recognised as Friends of the congregation. The Sunday morning worship service at the Barn Church, Culloden, continues to attract an average attendance of approximately 70 people each week. Meanwhile, services held at our Local Mission Church ILMCI in Ardersier are typically attended by around 15 individuals. To ensure broader participation and accessibility, Sunday setvices at the Barn are a150 live streemed, allowing those unable to attend in person to join in worship remotely. So hts mm the 2025 Colendor... Children ond Youth Artlyities Throughout 2025, the Church provided a range of programmes to support and nurture ttte spiritual growth of young people. The sunday Club catered for primary school-aged children, offering enga8ing session5 desi8ned to introduce them to Christian teachings in a 5UPPOrtive environment. The Boys Brigade met weekly at our church premises, fostering teamwork and leadership skills among boys of various ages. For pre-school children, Kinderland offered age-appropriate activities, ensuring our youngest member5 felt welcomed and included. Our Vouth Group gathered on Sundays and took part in Pizza evenings, Scripture Union meetings, Summer Holiday Club and Youth Alpha sessions. These opportunities enabled older children and teenagers lo explore faith issues, enjoy fellowship, and deepen their undeistanding of Christianity. Small Groups and Prayer Mlnlstries The Church maintained a rich schedule of small group meetings, including Bible Study Grovp5 held at both the Barn and the Local Mission Church IIMCI. Various Prayer and House Groups provided spaces for people to Share, pray, and support one another. The Sunday Prayer Ministry continued to offer spiritual support following worship services. In addition, Sozo Healing and Deliverance Mlnistry was available for those seeklng deepef spiritual healing. Community Engagement arsd Support The Church Rerniniscence Groups organised outings and events tailored to our elderly members. helping foster connertion and support. Community Lunches were held on the first Sunday of each month. encouraging fellowship across all ages. The All Age Service, also on the first Sunday of the month, brought together people of all generalions for worship. The Exchange Hub convened on the first Wednesday evening of each month, providing a forum for our Community to eatch up with friends, enjoy music and board games. The LMC have also h05ted Godly Play 5ession5 for primary-aged Children, a Weekly Café Library, and a Monthly Café Church, cultivating a welcoming environment for learning and worship. The LMC also worked to support the Arder5ier Youth Forum by facilitating community-styled events. Worship and Sacraments Holy Communion wa5 celebnted at the designated place of worship of the charge (the Barn) on four occasions throughout the yeari providing opportunities for spiritual reflertion and renewal. Pra¢tlc81 Community Support The Church supported the wider ctsmmunity through initiative5 such as the Cornmunrty Fridge, helping tg reduce food waste and alleviate need. The weekly Gardening Group contributed to the developrnent and management of our Comrnunity Garden, with produce grown in the garden
transferred to the Cornmunity Fridge. Outdoor events were held throughout the year for thildren, youth, and adulls, making of the Community Garden as a space for fellowship, worship, learnlng and activily. Local Churche5 Christmas Hamper Appeal. Here the Church played the lead role in organising this and Supporting around 170 families, demonstrating our ongoing commitment to serving the most vulnerable in our comrnunitv. Ongoing Commitment In all Ihese activities, we seek to adapt our Church and Ministry to meet the evolving needs of God's people and deliver on our vision .' By worshiping God as Father. Son & Holy Spirit, we want to know Jesus so that we can rnake him known.Iln17..3,. Ac20.'241. Flnanclal Review The accounts represent twelve months of trading activity at Culloden and Ardersier Church of Scotland. At the year-end131 December 20251 the Church held 8 active funds:. GenemlFund Total General Fjjnd income umounted to c E127.3k. Within this we received £15.Sk from the Consolidated Fabric Fund and £8k from our one off Givlng Day. Both of which were in line with our Budget to cover operational costs. Total General Fund ex enditure was c£126.5k. Following interfund transfers we achieved a srnall sur c£460. The Trustees acknowledge that, without access to the income generated by the Consolidated Fabrit Fund and the ontroff Giving Day we would have faced a loss of approximately c£23k. luso income ove ex nditure e¢7r o Fubric Fund The Fabric Fund remains to support internal ?nd external building fabric of our Churches and Manse. Misslon Fund This is a new designated fund established ITr 2025 and will be 14sed for our Missign / outreach projects. Desi noted other Funds Kinderlond. Children & Youth Fund. Reminiscejryce Grou . 5ozo Minist ' Garden Fund All remain active areas of Church life for which we maintained individual designated Fund Accounts. Reserves Poll It is the Trustees, policy to hold General Fund and Fabric Fund reserves of approximately three months General Fund Igenerall expendltUTe. At the year end the Church held funds of £28,626 in the General FL*nd and £51,578 in the Fabric Fund Total £80,204 In terrns of our financial covenant here we would look to hold min £31,655 Imin 3y month$ 8eneral fund expenditure). In Summary our financial covenant has been met. That said the Trvstees have noted the tradinE shortfall in 2025 (which has been funded from our Giving Day and Consolidated Fabric Fund support totalling £23,500). The Trustees are actively lookin8 at way5 to address this. The Church also held £12.472 in designated funds across six of the rernaining Church Fund Groups. The Trustees coTrsideT the make-up of this sum as appropriate.
Trustees, Annual Report Year ended 31 December 2025 Statement of Responsibilities Ststement of Trustees, Re$ponsibilltles Charity law requires the Trustees to prepare financial statements for each financial year which show true and fair Vbew of the stste of affairs of the charity and its financial activities for that period. In preparing those financial staternents, the Trustee5 are required to selert suitable accounting policies and then apply them consistently moke judgements and estimates that are reasonablè and prudent state wheiher applicable accounting 5tandaTds and Statements of recommended prartice have been followed, subject to any departures disclosed and explained in the financlal statements: and prepare the financial statements on a "going concern basi< unless it is Inappropriate to presume that the charity will continue in operational existence. The Truslees are responsible for keeplng proper accounting records which disdose wlth reasonable accuracy at any time the financial positlon of the charity and to enable them to ensure that the financial statements comply with the Charities and Trustee Investrnenl (Scotlandl Act 2005 and the ChaTlties Accounts (Scotlandl Regulations 2006. They ale also responsible for safeguarding the assets of the charity and hence for taking reasonable sieps for the prevention and detection of fraud and other irregularities. Approved by the Trustees and 5igDed on their behalf, Mrs Lorno Mason Session Clerk l TTllStee Date: 20 January 2026
Culloden and Ardersier Church of Scotland. Charity No. SC000662 Report of the Independent Examiner on Accounts. Report of the Independent Examiner I report on the accounts of the charity for the year ended 31 Deternber 2025 which are set out on pages 9 to 16. Respective responsibilities of Trustees and Exarninef The charity's Trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotlandl Act 2005 and the Charities Account5 (Scotlandl Regulations 2006. The charity Trustees consider that the audit requiremént of Regulation 10111 lal to Icl of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44111 Icl of the Act and to state whether particular matters have come to rny attention. Basis of independent Examiner's statement My ex3rnination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotlandl Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. 11 also includes Consideration of any unusual items or disclosures in the account5 and seeks explanations from the Trustees concerning any such rnatters. The procedures undertaken do not provide all the evidence ihat 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 examination, no matter has come to my attention. which giyes me reasonable cause to believe that in any material respett the requirernents. to keep accounting records in accordance with Section 44 llllal of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and to prepare accounts which accord with the accounting record5 and complv with Regulation 8 of 2006 Accounts Regulations have not been met. or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Mr Derek Steel 22 Oakdene Court Culloden Inverne5S IV2 7XI Signed Mr Derek Steel Date .' 2" March 2026
Culloden and Ardersier Church of Scotland Statement of Financial Activity For the period from 01 January 2025 to 31 December 2025 Tflal Prfrrwar IctslfrJr o.( 8.3.58 1.468.84 3th4.00 96.034.72 &308426 19.387JO 17.7.13 17.031.01 3.141A7 4,179nO 12.1 1.158m 21120 139,790,03 119?#7.Q6 97ffi64.72 12ft.T 15&2.17 lunèrylnLiW beS &x(n8rAbw FLY kbyynfy 1.158 t27W3ffj1 1145&42 16J67ll8 17,821 46,96829 .814.54 86.749.62 &325SB5 17.111. 42,61604 137.484 16S2W6 2293.19 149312201 17021.33 3091518 65.497.54 12J8803 12622.08 711.53 4ffi9.36 1252.06 4,723.32 IQ8T4.78 Idiw charilapaIi0frs TLtsItXFerthLYe Ilexwthrtl resf4Thx tefNÈtsarwfer 1,501.66 Trarlers'. okns tyan5fets bemeenfwth.ln 1,000.00 l T50.(K) I 1.750.00 7.48859 1179).w i (7.468591 750.1 11.orxi.Lh)I er rwlwJolr61kses rin5Aogses In$eiseL% Cins rtholual.ffida$S8b,eh3Th Uge 481.53 1.831.66 229119 1492122•1 28,164.35 62,J922 6ICfjO.95 90,J8J61 1399$7 92.67&86 gOP83ts7 285. T£lalfwthc8rrfedlrAward
Culloden and Ardersier Church of Scotland statement of Balances as at 31 December 2025 Unrestricted Designated Restricted Endowment Total Total This Year Last Year Bank & Deposit Balances Opening Bank Opening Investor Deposit Total Bank & Deposlts 62,219.32 0.00 62,219.32 90,383.67 133,627.28 5968.59 139.595.87 28,164.35 o.oo 90,383.67 28,164.35 0.00 Movement in the Ye?r Surplus IDeficitl Receipts over Payments Total Surplus IDefi¢rt l Receipts over Payments 2,293.19 49.212.20 461.53 1,831.66 0.00 2,293.19 -49,212.20 461.53 1,831.66 0.00 0.00 92,676.86 90,383.67 0.00 90,383.67 Closing Bank Balance Closing Investor Depgsit Total Net available Balantes 28,625.88 64,050.98 0.00 92,676.86 28,625.88 64,050.98 The Accounts were approved bythe Trustees l Unitary Board on 20 January 2026 For and on behalf of the Trustees / Unitary Board. Lorna Mason Sesslon Clerk l Trustee Davld W Scott Treasurer / Trustee io
Culloden and Ardersier Church of Scotland. Charity No: SC000662 Accounting Policies The principal actountinB policies, which have been applied consistently in the current and preceding year in dealing with items whlch are considered material to the accounls, are set out below. Basis of preparatlon The accounts have been prepared in accordance with applicablè actounting standards and under the historical cost convention, modified, where appropriate, to reflecl the inclusion of investments at market value, and in accordance with the Charities and Trustee Investmeni Iscotlandl Act 2005, The Charities Accounts (Scotlandl Regulations 2006, the Regulation5 anent Congregational Finance approved by the General Assembly of the Church of Scotland in 2007 arsd the Statement of Recommended practi.. Accounting and Reporting by CharitiÈs 120051. Thè accounts have been prepared on a Receipts & Payments basis as the Charity's income is less than £250,000. Funds Funds are classified as either restrirted funds or vnrestricted fvnds, 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- no Restricted Funds were held by the Charity during the year. Unrestricted funds are expendable at the discretion of the trustees in fvrtherance of the objects of the chaiity. If parts of the unrestricted funds are earmarked at the dIsCretOn of the trustees for a particular purpose, they re designated as a separate fund. This designation has an administrative purpose only and does not legally Testritt the Trustees, discietion to apply the fund, Endowment Fund5- no Endowment Funds were held by ihe ChaTity during the year. Incomlng resources All donations and gifts are intluded within incoming resources under either unfestrided or restricted funds according to the term5 under which the donation is made and when the amount can be quantified with reasonable certsinty. Donations and gifts in kiThd are brought into the accounts at their market value to the charity. Resources expended Expenditure is recognised on an actual basi5 as the liability is incurred. Normal repaiTS and maintenance are charged to the General Fund,, extraordinary Tepairs and trmprovements are met from the Fabric Fund and l or by a special fund raising effort. Tangible fixed assets The charity ha5 the right to occupy and use for its charitable objects certain tangible fixed assets, including the Church, hèlls and manse, 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 a5 resources expended in the statement of financial activities in the period in which the liability arises. The charity ha5 no specific iangible fixed assets having a value to the charity greater than one year. Investments There were no investrnents held at the year. Taxation Culloden and ArdersieT, Church of Scotland is recggnised as a chority for the purposes of applicaL¥le 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 iTrecovérable input VAT. li
Culloden and Ardersier Church of Scotland Analysis of income and expenditure 01 January 2025 to 31 December 2025 Total Unrestricted Designated Re5trlcled Endowment Thls ye8r L88t ar Income Voluntary InGI)me 8.42555 6.42555 8.7T2J)7 63.102.00 1,070rxJ 63,102.Lh) 1A20 8.(W.O) 17.087.17 13.764.04 98,D34.72 83,884.26 $9,148.15 2.1.00 ftlid Ta¥R•xw 17.087.17 350.00 Voluntary Income Totals 97,684.7Z vltles for Gènertttlng Funds Crth fr11 IR(x)m Renk msl9r5 Ir L11 Fwdrdisi nrtand Fe&5 10.724m 1234.60 10.T24.IY) 7.769.$5 3.W.32 4289.73 877h2 173S1 5.4go.oo 910£8 5559fj4 91058 19,387.30 17,700.13 Ivltlas for Gtrneratlng Fund5 Totals 12.633.72 6.753.58 Invèstmnt Cdvja FabricFw k&Cwll CoEkn¥8Sty5 Tpjsi 15,S)D.00 62.17 1S,5CX).00 1,461n1 70(X) 2.694A11 447. 1.3964 70 17,031.01 3.f41.47 Inve$tm8nt IncornB Totsls 15.562.17 1.468.84 othgr 8?10.flJ ¢)arttsR8L4d 295.00 295.00 3NA.( 4.179.00 3.384.th) 3.884.00 4,4YJ(X) 12,760.00 S8feolM)wbS 295.00 Othèr Totals Incon% resource6 frgm Charttable Actlvltles Localbents diry &Fu fe &Vth hKorna 1.98220 487 42.L 168.IKI 168.00 1,158.00 1.158.00 2.511.20 Incom• rgsour¢4s from CharStabl• Ptsivltles Totals 127 J33.61 12,456.42 139.790.03 119.997.06 Income Grand Total 12
Expenditure UnrtAtrl¢ted Desl nated Rvgtrlcl8d E#dowmErt Th15 ¢ar Last eAr Lo¢•1 stsmng Costs pulp Swpty Ireh Nager Taxl M on Loc¥ $8lwb$ 700 5219 28 7,BS7.72 0249 28 7,104 5S 2,080.38 2.104 55 7,487 50 17,821.33 16,307.08 5,7290D Uefinor WBg8g 7,467.50 Local Stsffing Costs Tt)tsls BullLSng Costs 17,B21.33 499.35 586.15 499 35 26189 ID648 25e 89 PfvsE Coll¢¢tsDn 3&60 $0 klDint l Repbirg Clurth 5279.54 4,492 05 .192 05 J17 84 7.045.24 921764 2241.19 82B 2? HDDfjnp (h1 IArd•iw¢il 3,729 31 A.031 73 4P3173 505 ?3 891 43 O••ning & &h¢iy P4•rwJ p ot 50$ 73 991 94 4J)05 7$ 4KM)5.75 9.71904 6400 lint pèp11 11.923.18 78000 780.00 14de(¥¥ Chvi¢h Roor 35.814.54 46,968.29 Bulldlng CLK8ts Totsls 30,915.16 4.899.36 ChBrltablq Acfjvle 6S.1C¢nO 65,$650D 65 10900 (2.320.001 peno En6owin•fflt Incom¢ 12257.001 12287 DOI 15.065.001 229003 7S4 51 120451 Ev•ntr Ent•tkinm•ni Food lnaS l Evarèr FxpoDS•S 150.00 44757 3765Z 10000 347.57 440.00 771.85 440.00 Hub 2$00D Food hr &od &pplk¥ KlcelNéDUY Iinc Coffè• 7ypp110¥) 1.6È5.$1 150.00 IM3554 2000D CDTrt¥bl• Don•1 66.749.62 63,255.8S Charitsblo ActtvlW•g Tvtslj 65.497.S4 1.252.08 Otr 1?11.00 eswery Du•5 1993.uo 1.9&00 996fj0 120766 99$ 00 31.04 1$00 Minil gJ¥ifftèSS TeiephoD• 47110 964 37 471 ?0 3.128 80 DILpn9 l Equip Re13 3.018.16 135512 125812 1ty)OQ 100 00 Fb•g 3.978.42 S?30.25 F4uipm•nl, SJtrw¥tè 8 '(kn•r" LifE & Work 397812 168 00 1$800 N4Émb¢iahip l TraWI 414.Q9 2311.00 252509 154094 J,106 58 iniei P•ptsinkneftl •X Gwr4•n PrtsJ• Expeffldiwie 2211J2 17,111.35 42,618.04 137,496.84 169,209.26 19.633.$3 231232 Otlwr Toils 12,38B.03 126,622.08 10.874.76 4,723.32 Expenditwe Grand Total 13
Culloden and Ardersler, Church of Scotland.- SC000662 Fund movement summary Selected period: 01 January 2025 to 31 December 2025 Paymènts Not Tran$fers Fund Balan$ Fund Fund Balances RBeelpts Carded fOard Bfo h* Forward 28,625.88 51,578.19 General FunEJ 28,164.35 127,333.61 3,893.84 4,152.00 3,200.00 o.oo 126,622.08 -250.00 Fabrfc Fund S2,583.71 0.00 4,899.36 2.511.00 2.362.32 1,641. 0.00 Mk8sion Fund Garden Prded Fund Children & Youth Fund Klndertand Pre Sd)col Fund Remintscence Group Fund Fund -150.00 7,444.46 835.47 6,756.80 444.97 609. 1,ODD.00 00.00 1,138.46 624.13 910.58 36.0 863.9Q 458.58 780.71 300.00 0.00 789.23 Sole Minis 789.23 0.00 90 3B3.67 139 79D.03 137 496.84 92 676.86 Tots15 General Fund used to house the generdl day to day business opeollons of Ihe Church. Fabric Fund- for rep81rs I mainlenance to Church and Manse. MIs5ion Fund- for GhurGh Reach out l Mis51on Garde Project- for Church Ccrnmunlly Garden Children & Yculh Fund- lor PrlmBry School and SecondHry Sd)0018ge Groups. nderfand Fund- for Pre Sthool age (>oup. Reminiscence Group- Church Gr¢xJp fly &edY in Ihe wmrmnity Solo Minlsty Fund- Church healing & delivergnce Ministry in the HighL8nds & Islands 14
Culloden and Ardersier Church of Scotland. Charity No: SC000662 Notes forming part of the flnartcial stotements for the year ended 31 December 2025 2025 2024 Local Staff costs and rtumbe Salaries & Wage Costs Social Security Costs Total The average number of local employèes dvring the year, calculated on the basis of a E head count, was as follows.. 2025 2024 Number Number 15,717 13,586 Piernises Management Church Manager Total 21 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, perhsion and housing and loan fund. MinisteT5' Stipends are paid in accordarbce with the national stipend scale, which is related to year5 of service. For the year under review the minimum stipend was £32,433 and the maximum stipend in 5, and Subsequent years of service £39,856. No employee was paid more than £60,0 31 TTUStee Remunet7tion and Related PartyTYansartlons No Trustee, nor any person related to a Trustee, had any personal interest in any contTaCt or transartion entered into by the charity during the year. During the year the Church paid on behalf of the Rev Pamela Kennedy Business Telephone costs £31 and Manse Council Tax £4CKI5 41 Investments There were no investments held at the year end. 51 Sale of Movable Assets In October 2025, we sold unused silverware at auction for £3,384. As agfèed, with Church HO General Trustee5, these funds will support mission work across the Parlsh and have been deposiled into our Mission Fynd. 61 Third Party collections- Not Part of our Accounts Donatitsns during the year were invited to be made dired to our elecled Charities and as such we have limited visibility on the level of funds raised. However, during the year we passed over '. £169 to Adopt A Child, £120 to Highland Foodbank £101 to Blythswood Care. Christian Aid £1337, Macmillan Canr Support (Coffee Morning) £840. Moreover, between 3 local Churches we raised Food for Good Christmas Hamper Appeal Funds totslling £3,900 All these funds do not form part of our trading activities and have been collected and distributed for the benefit of third parties. All funds were fully disbursed at the year end. 15
Culloden and Ardersier Church of Scotland. Charity No: SC000662 Notes formlng part of the financial 5tatemènt$ for the year ended 31 December 2025lcont.I 71 Analysis of Net Assets btheen Funds Unrertrlcted Total Designated Restrlrted Endowment Fixed Assets Investments Current Assets Current knabilities Net Assets at 31 December 2025 92,677 28,626 64,051 81 Charitable Donatlons There were no Charitable donalion5 during the year. 91 Le¢e$ We recelved an unrestricted legacy of £295 during the year. io} Grdnts An unrestricted Church of Scotland Invèrness Presbytery Mission Grant of £51XI was received in December 2025. This was lodged to our Mission Fund. iii Consolldated Fabric Fund In accordance with our 2025 budget plan, we have utili5ed revenue income of £15,500 from the Church of Scotland Consolidated Fabric Fund Revenue Account to 5pport our operational expenses. An updated Consolidated Fabric Fund staternent showing Funds held by the Church of Scotland General Trustees for the benefit of the Congregation is attached IAppendixll. 16
Appendix Funds held by The Church of Scotland General Trustees for the Benefit of the Congregation 372166 Culloden & Ardersier Consolido d Fobric Fund 25 2024 Capital Account cdi1 balances held al 31 December at Cost Market value of balances at 31 December Revenue Account Credit balance at 31 December 5,169.33 5,211.08 Temporary Account Credit balance at 31 December 470,954.82 126,203.58 Individual Fund Purpose Expendable Credit balances held at 31 December at cost Market value of balance5 at 31 December Permanent Endowment Credit balances held at 3 1 December at cost Market value Df balances at 31 Decernber End