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2025-09-30-accounts

Docusign Envelope ID: 08AFD502-D4EB-8460-80AC-45B8347A519C

Charity number: SC000749

ST. LUKES EPISCOPAL CHURCH: GLENROTHES

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

Docusign Envelope ID: 08AFD502-D4EB-8460-80AC-45B8347A519C

ST. LUKES EPISCOPAL CHURCH: GLENROTHES

CONTENTS

Page
Reference and administrative details of the Charity, its Trustees and advisers 1
Trustees' report 2 - 9
Independent examiner's report 10 - 11
Statement of financial activities 12
Balance sheet 13
Notes to the financial statements 14 - 28
The following pages do not form part of the statutory financial statements:
Charity Detailed income and expenditure account and summaries

Docusign Envelope ID: 08AFD502-D4EB-8460-80AC-45B8347A519C

ST. LUKES EPISCOPAL CHURCH: GLENROTHES

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 SEPTEMBER 2025

Trustees Reverend Gerard Dillon (Chair)
Sally Carr (Secretary & Lay Representative)
Angela Dillon (Treasurer)
Sally Carr (Lay Representative)
William Carr, Co-ordinator (Climate Change)
Sheena Bell
Reverend Richard Evans (Director of Music)
Khiara Lefevre (resigned 23 February 2025
Ann Smith (resigned 23 February 2025)
Fiona Lawrenson (resigned 23 February 2025)
Kevin Campbell (Co-ordinator: Safe guarding & PVG)
Conor Watt (Property Convener)
Linda Harrow (appointed 23 February 2025)
Charity registered
number
SC000749
Principal office
St. Lukes Episcopal Church
Ninian Quadrant
Glenrothes
KY7 4HP
Child Protection and
Vulnerable Adult
Representative
Kevin Campbell
Git Aid Co-ordinator
Ian Scott
Paying Officer
Audrey Morrison
Alternate Lay
Representative
Hilary Scott

Page 1

Docusign Envelope ID: 08AFD502-D4EB-8460-80AC-45B8347A519C

ST. LUKES EPISCOPAL CHURCH: GLENROTHES

TRUSTEES' REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025

Vestry Responsibilities: Governance, Accounting and Charity Matters

St Luke’s Scottish Episcopal Church is a registered Scottish charity, regulated by the Scottish Charity Regulator (OSCR). As such, the congregation is fully subject to the Charities and Trustee Investment (Scotland) Act 2005, in the same way as any other charity.

The church operates as an unincorporated association and is governed by its constitution. The Clergy and Vestry lead and manage the church’s work, activities, and projects. Vestry members hold the “general control and management of the administration of the charity” and, under the 2005 Act, are recognised as the charity trustees.

All charity trustees have legal duties and responsibilities, and the Vestry must ensure collectively that the church is run properly, responsibly, and lawfully. Each Vestry member receives the Scottish Episcopal Church’s guidance on the Act and confirms their eligibility to serve by signing a declaration, available on the SEC website.

The Vestry is elected at the Annual Meeting of the Charge, including the Lay Representative and Alternate Lay Representative. Other office bearers are normally appointed by the Vestry and typically include the Secretary, Treasurer, Paying Officer, Gift Aid Officer, Property Convener, and Protection of Vulnerable Groups (PVG) Co ordinator.

The Vestry’s work is guided principally by:

As a charity, the church is required to prepare annual accounts, and we do so on an accrued accounts basis.

About the Charity

St Luke the Evangelist — known locally as St Luke’s — is a Scottish Episcopal congregation in the Auchmuty area of Glenrothes, Fife. We are part of the Diocese of St Andrews, Dunkeld and Dunblane, within the Scottish Episcopal Church and the worldwide Anglican Communion.

We are a hopeful, committed, and diverse community of around thirty people from Glenrothes and the surrounding area. St Luke’s is a place of worship, fellowship, mission, outreach, and spiritual growth, rooted in the charitable purpose of advancing religion. We seek to nurture warm, respectful relationships and to help transform our community through faith expressed in both word and action.

We gather for worship each Sunday and Tuesday, and the church remains open throughout much of the week for prayer and quiet reflection. Alongside our regular services, we offer opportunities for spiritual development through small group study, retreats, and other activities that help people explore and deepen their faith.

St Luke’s also runs a people led community project, Luke’s Larder, which provides welcoming facilities open to the public. It offers space for communal meals, shared interests, and skill sharing, helping to build relationships and strengthen community life. Our doors are regularly open to individuals, families, community groups, and charities working for the wellbeing of our area.

We extend a warm invitation to all who wish to explore faith, seek companionship, or simply find a place of peace as we continue our shared journey of spirituality.

Page 2

Docusign Envelope ID: 08AFD502-D4EB-8460-80AC-45B8347A519C

ST. LUKES EPISCOPAL CHURCH: GLENROTHES

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025

Achievements and Performance Over the Past Year

The Vestry met formally five times over the past year (excluding the AGM held on Sunday 23 February 2025), and gathered informally on several occasions when urgent decisions were required.

Vestry routinely reviews, plans, and makes decisions across the following areas:

Partnerships, Governance and Wider Ministry

The Church Army ceased to be a financial partner in April 2023, though the Diocese of St Andrews, Dunkeld and Dunblane continued its monthly £1250 Stipend contribution until April 2025, when Bishop Ian informed the Vestries that this support would end due to diocesan financial pressures.

At General Synod in June 2025, Revd Gerry was advised that Church Army had confirmed the closure of the Fife Centre of Mission on 15 May. Despite these changes, we have continued to strengthen community relationships, support those experiencing poverty, and nurture a creative and accessible church community.

Our school partnerships have also continued to grow:

These relationships help us support children, young people, and staff through creative and values led pastoral engagement.

National and Interfaith Engagement

Revd Gerry serves on General Synod, the Faith and Order Board, and the Inter Faith Relations Committee. His interfaith work includes collaborating with Rabbi David Rose on a Jewish Christian glossary and helping to establish a local branch of the Council of Christians and Jews, strengthening dialogue across faith traditions.

Environmental Commitment

Our commitment to environmental stewardship continues to deepen:

This year, we also applied for CARES funding from Local Energy Scotland to support our environmental ambitions and infrastructure needs.

Page 3

Docusign Envelope ID: 08AFD502-D4EB-8460-80AC-45B8347A519C

ST. LUKES EPISCOPAL CHURCH: GLENROTHES

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025

Achievements and Performance Over the Past Year (continued)

Faith and Fellowship

Our congregation continues to gather faithfully each Sunday for Holy Communion and on Tuesdays for weekday worship, often joined by members from across Fife and beyond. We remain committed to worship that is welcoming, reflective, and rooted in shared community.

The year included Harvest Thanksgiving (6 October), our Patronal Feast of St Luke (20 October), and a joint service with St Finnian’s (27 October). St Luke’s hosted Glenrothes Churches Together on 13 November, and on Christmas Day we again partnered with St Columba’s Church, FIRST, Fife Council, and local businesses to offer a shared Christmas meal.

St Finnian’s joined us for worship on 29 December. The following day, Revd Gerry and Angela travelled to Motherwell for the funeral of his Nana, whom we held in our prayers.

Revd Gerry attended the Clergy Conference at St Mary’s Monastery (4–6 February). Lent began with Ash Wednesday (5 March), followed by the World Day of Prayer (7 March) and Mothering Sunday (30 March), both shared with neighbouring congregations. Holy Week (13–19 April) and Ascension Day were observed with reverence.

We participated in the Nicaea Ecumenical Conference (10 May) and the Festival of Lay Ministries (15 May) at St Ninian’s Cathedral. St Finnian’s joined us again for Pentecost (8 June), and on 29 June we celebrated the ordination of the Rev’d Ross Stirling Young to the priesthood.

We also mourned the loss of the Rev’d Jeanette Allen, a much loved and faithful member of our community, whose funeral took place on 12 May.

Leadership, Representation and Community Links

Revd Gerry continues to play an active role in local and national bodies that strengthen our mission. He serves on the Board of Trustees of YMCA Glenrothes and remains an active member of FCCAN and the Fife Climate Hub.

Having received Permission to Officiate in the Diocese of Europe, he returned to Holy Cross, Palermo, in January to serve as locum priest. His ministry there included participation in the Week of Prayer for Christian Unity (18–25 January), themed “Do you believe this?” Holy Cross is a diverse and generous congregation, and we continue to hold them in our prayers as they remain without a permanent priest.

Our People and Community Project

“For I know the plans I have for you…” (Jeremiah 29:11)

Overview

Over the past year, our project has continued to strengthen community connections by providing inclusive, welcoming spaces where people of all ages can meet, participate, and support one another. Our work remains rooted in hospitality, compassion, and the belief that shared activities foster wellbeing, belonging, and resilience.

Luke’s Larder and Food Based Wellbeing

In April 2024, we received National Lottery funding for our newly titled Luke’s Larder project. This support enabled us to deepen our work around food, wellbeing, and community connection. Our food initiatives — Bite & a Blether and our Community Meal — brought together people aged 0 to 95, reducing isolation and building friendships. Our Community Pantry and Fridge transitioned to a membership based model, helping us tackle food poverty and reduce waste. We continued to work closely with FareShare and received generous contributions from many local partners.

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Docusign Envelope ID: 08AFD502-D4EB-8460-80AC-45B8347A519C

ST. LUKES EPISCOPAL CHURCH: GLENROTHES

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025

Achievements and Performance Over the Past Year (continued)

Partnerships, Donations, and Community Support

We are grateful for donations from individuals, Glenrothes Probus Club, Leslie & District Nursing Association, and Fife Council’s Local Community Planning Budget. We also hosted Foodshack Fife as they supported families across the region. Community led events included a Craft Fayre (3 December), a Community Love Event (14 February), and a celebration marking 10 years of sibling kidney donation.

Volunteering and Recognition

Volunteers remain at the heart of our work. During Volunteers Week (2–8 June), we celebrated those who give their time and skills. A highlight was Luke’s achievement of 200 volunteering hours (Saltire Award) and one year of employment at Poundstretchers. Inspired by his speech, the community raised £500 for Luke’s Larder. On 3 June, Luke received a Saltire Summit Award at the Volunteering and Voluntary Sector Awards Ceremony — a proud moment for us all.

A Royal Invitation

A memorable milestone was our invitation to the King’s Garden Party at the Palace of Holyrood on 1 July, attended by four representatives who thoroughly enjoyed the occasion.

Activities, Skills, and Social Connection

Our shared interest groups continue to flourish:

These weekly sessions offer companionship, creativity, and skill sharing, helping participants stay active, social, and engaged.

Community Engagement and Climate Action

We hosted several climate focused events that empowered local people to engage with environmental issues:

These events encouraged repair, reuse, and sustainable living, strengthening our commitment to community led climate action.

Zero Waste Initiative

Our much loved Zero Waste area remains a vibrant part of our space, offering books, jigsaws, clothing, and household items for reuse. This initiative reduces waste, supports sustainability, and ensures that all donations directly benefit the project.

Page 5

Docusign Envelope ID: 08AFD502-D4EB-8460-80AC-45B8347A519C

ST. LUKES EPISCOPAL CHURCH: GLENROTHES

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025

Achievements and Performance Over the Past Year (continued)

St. Luke’s Partnering

St Luke’s continues its journey alongside local individuals, community groups, and charities by offering use of our church building, including our community kitchen, The Couthy; our flexible social hub, The Gathering Hall; our small kitchen, The Scullery; and our meeting room, The Haiver.

Fife Intensive Rehabilitation Substance use Team (FIRST)

Provides a community-based rehabilitation service to individuals in Fife with drug or alcohol issues.

Restoration Fife

A social activities community organisation for people in recovery from drug and alcohol use.

Thursday Youth Group

A social activities community group for individuals with additional support needs.

Support in Mind Scotland

Seeks to support and empower all those affected by mental illness.

3Rs Crafts

A craft & social activities community group for individuals experiencing loneliness & isolation.

Cards / Jewellery & Crafts

A craft & social activities community group.

Kinship Team, Fife Council

A safe space for Kinship Carers to discuss issues affecting them with other carers in their local areas.

Triage In

Deliver high-quality, person-centred employability and education programmes that help our participants and learners improve their skills and move into sustained employment.

The Mindful Partnership

A charity delivering training in Mindfulness and Self-Compassion based practices, which includes various movement practices.

Scottish Recovery Consortium

Supports, represents, and connects recovery across Scotland.

Page 6

Docusign Envelope ID: 08AFD502-D4EB-8460-80AC-45B8347A519C

ST. LUKES EPISCOPAL CHURCH: GLENROTHES

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025

Achievements and Performance Over the Past Year (continued)

Various other community-based support groups use the hall and/or haiver from time to time and/or support our project

Fife Health and Social Care Partnership - The Well Fife Council Warout Primary School Auchmuty High School John Fergus School Ladybird Nursery Fife Communities Climate Action Network Fife Climate Hub YMCA Glenrothes - the 'Y' Glenrothes Men's Shed St Andrews Environmental Network - Cosy Kingdom Local Energy Scotland Planning Aid Scotland (PAS) Fife Centre for Equalities Glenrothes Probus Club The Fudge Man (Andy & Louise) St Mary's, Leslie (Parish of St.Mary Magdalene) Leslie & District Nursing Association Cllr Derek Noble Foodshack Fife Baynes the Family Bakers M&S FareShare Tatties to Tables Tesco Morrisons - Community Champion

Financial Review

Funding for 2024–25 was provided through grants from The National Lottery Community Fund, the Scottish Episcopal Church (Diocese and General Synod), and Fife Council’s Warm Spaces initiative. Additional income was generated through room hire, donations, and various fundraising events and activities.

The Vestry also approved the sale of 550 units (1 March 2025) and 736 units (1 September 2025) from the 48G016 St uke – Clara Bond Fund, realising £18,000 and £24,000 respectively for Stipend. These sums were credited directly to the Central Fife Team Ministry bank account. Following these transactions, the remaining number of units held in this fund is 6,955.

The financial statements show £50,627 (2024 - £51,535) unrestricted funds, of which £17,175 (2024 - £18,653) are designated. Restricted funds total £275,596 (2024 - £278,280) and endowment funds of £40,278 (2024 - £36,883).

Page 7

Docusign Envelope ID: 08AFD502-D4EB-8460-80AC-45B8347A519C

ST. LUKES EPISCOPAL CHURCH: GLENROTHES

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025

Reserves Policy

At the present time, the trustees consider that the balance of unrestricted funds will be sufficient to continue the level of activities for 2025-2026.

As the running costs of the Church increase, the trustees will develop a reserves policy and ensure that a sufficient balance of reserves is maintained.

Plans for the future period

For the year 2025–2026, we continue to place our trust in God’s plan for us. We believe that God chooses His people as instruments of His work and reveals His wonders in places and moments we might least expect.

We give thanks for all that we receive: the opportunities to make a difference, touch a heart, encourage a mind, inspire a soul, and embrace the gift of each day.

Every day offers a fresh beginning. Take a deep breath, and start again.

Amen.

Page 8

Docusign Envelope ID: 08AFD502-D4EB-8460-80AC-45B8347A519C

ST. LUKES EPISCOPAL CHURCH: GLENROTHES

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025

Statement of Trustees' responsibilities

The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Trustees are required to prepare financial statements for each financial year. Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and 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 company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Independent Examination

Angela Haig CA of EQ Accountants Limited was appointed as Independent Examiner during the year.

Approved by order of the members of the board of Trustees and signed on their behalf by:

Reverend Gerard Dillon (Chair of Trustees)

Date: 25-06-2026 | 18:17 BST

Page 9

Docusign Envelope ID: 08AFD502-D4EB-8460-80AC-45B8347A519C

ST. LUKES EPISCOPAL CHURCH: GLENROTHES

INDEPENDENT EXAMINER'S REPORT

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Independent examiner's report to the Trustees of St. Lukes Episcopal Church: Glenrothes

I report on the accounts of the charity for the year ended 30 September 2025 which are set out on pages 12 to 28.

Respective responsibilities of Trustees and examiner

The charity's trustees are responsible for the preparation of the financial statements in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 ('the Act') and the Charities Accounts (Scotland) Regulation 2006 (as amended) ('the Accounts Regulations'). The 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 financial statements 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 statement

My examination was carried out in accordance with regulation 11 of the Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as 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.

Page 10

Docusign Envelope ID: 08AFD502-D4EB-8460-80AC-45B8347A519C

ST. LUKES EPISCOPAL CHURCH: GLENROTHES

INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025

Independent examiner's statement

In 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:

  2. to keep accounting records in accordance with section 44(1)(a) of the Act and regulation 4 of the Accounts Regulations; and

  3. to prepare financial statements which accord with the accounting records, Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard in the UK and Republic of Ireland (FRS 102) and in other respects comply with regulation 8 of the Accounts Regulations

have not been met; or

  1. to which, in my opinion, attention should be drawn in order to enable proper understanding of the financial statements to be reached.

This report is made solely to the charity's Trustees, as a body, in accordance with regulation 11 of the Charities Accounts (Scotland) Regulations 2006. My work has been undertaken so that I might state to the charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my work or for this report.

Signed: Dated: 30-06-2026 | 09:05 BST Angela Haig CA

EQ Accountants Limited

Chartered Accountants Pentland House Saltire Centre Glenrothes Fife KY6 2AH

Page 11

Docusign Envelope ID: 08AFD502-D4EB-8460-80AC-45B8347A519C

ST. LUKES EPISCOPAL CHURCH: GLENROTHES

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025

Note
Income and
endowments from:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
6
Total income and
endowments
Expenditure on:
Charitable activities
7
Total expenditure
Net (expenditure)
/income before net
gains on
investments
Net gains on
investments
Net (expenditure)
/income
Transfers between
funds
15
Net movement in
funds
Reconciliation of
funds:
Total funds brought
forward
Net movement in funds
Total funds carried
forward		 Unrestricted
funds
2025
£
23,786
16,626
1,083
1,245
42,740
84,373
84,373
(41,633)
-
(41,633)
50,030
8,397
51,535
8,397
59,932		 Restricted
funds
2025
£
68,296
-
-
7,911
76,207
60,467
60,467
15,740
22,301
38,041
(50,030)
(11,989)
278,280
(11,989)
266,291		 Endowment
funds
2025
£
-
-
-
-
-
-
-
-
3,395
3,395
-
3,395
36,883
3,395
40,278		 Total
funds
2025
£
92,082
16,626
1,083
9,156
118,947
144,840
144,840
(25,893)
25,696
(197)
-
(197)
366,698
(197)
366,501		 Total
funds
2024
£
67,983
16,432
2,394
8,576
95,385
99,059
99,059
(3,674)
39,862
36,188
-
36,188
330,510
36,188
366,698

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 14 to 28 form part of these financial statements.

Page 12

Docusign Envelope ID: 08AFD502-D4EB-8460-80AC-45B8347A519C

ST. LUKES EPISCOPAL CHURCH: GLENROTHES

BALANCE SHEET AS AT 30 SEPTEMBER 2025

Note
Fixed assets
Investments
12
Current assets
Debtors
13
Cash at bank and in hand
Current liabilities
Creditors: amounts falling due within one
year
14
Net current assets
Total assets less current liabilities
Net assets excluding pension asset
Total net assets
Charity funds
Endowment funds
15
Restricted funds
15
Unrestricted funds
15
Total funds		 5,982
94,236
100,218
(5,692)		 2025
£
271,975
271,975
94,526
366,501
366,501
366,501
40,278
266,291
59,932
366,501		 4,000
80,166
84,166
(5,747)		 2024
£
288,279
288,279
78,419
366,698
366,698
366,698
36,883
278,280
51,535
366,698

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

Angela Dillon Vestry Treasurer

Date: 25-06-2026 | 11:04 BST

The notes on pages 14 to 28 form part of these financial statements.

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Docusign Envelope ID: 08AFD502-D4EB-8460-80AC-45B8347A519C

ST. LUKES EPISCOPAL CHURCH: GLENROTHES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

1. General information

The charity is an unincorporated association, governed by their constitution. The charity's registered office is St Luke's Episcopal Church, Ninian Quadrant, Glenrothes, KY7 4HP.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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 (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).

St. Lukes Episcopal Church: Glenrothes meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

2.3 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the Charity has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the Charity, can be reliably measured.

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

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Docusign Envelope ID: 08AFD502-D4EB-8460-80AC-45B8347A519C

ST. LUKES EPISCOPAL CHURCH: GLENROTHES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

2. Accounting policies (continued)

2.4 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

2.5 Government grants

Government grants relating to tangible fixed assets are treated as deferred income and released to the Statement of financial activities upon the completion of the relevant performance-related conditions. Other grants that are not subject to performance-related conditions are credited to the Statement of financial activities as the grant proceeds are received. Grants received prior to the revenue recognition criteria being satisfied are recognised as a liability.

2.6 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 notification of the interest paid or payable by the institution with whom the funds are deposited.

2.7 Investments

Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the Statement of financial activities.

2.8 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.9 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

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Docusign Envelope ID: 08AFD502-D4EB-8460-80AC-45B8347A519C

ST. LUKES EPISCOPAL CHURCH: GLENROTHES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

2. Accounting policies (continued)

2.10 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

2.11 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.12 Pensions

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.

2.13 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

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ST. LUKES EPISCOPAL CHURCH: GLENROTHES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

3. Income from donations and legacies

Grants
Community Fund - National Lottery
General Synod Building
Fife Council Warm Spaces
FFCAN
Stipend Support
Story telling
Subtotal detailed disclosure
Donations
Legacies
Gift aid & GASDS payments
Subtotal
Total 2024		 Unrestricted
funds
2025
£
-
-
-
-
-
-
-
19,768
1,000
3,018
23,786
23,786
16,561		 Restricted
funds
2025
£
49,860
10,935
1,000
186
1,665
4,650
68,296
-
-
-
-
68,296
51,422		 Total
funds
2025
£
49,860
10,935
1,000
186
1,665
4,650
68,296
19,768
1,000
3,018
23,786
92,082
67,983		 Total
funds
2024
£
47,661
-
-
-
3,231
-
50,892
16,356
-
735
17,091
67,983

4. Income from charitable activities

Rent received
Total 2024		 Unrestricted
funds
2025
£
16,626
16,432		 Total
funds
2025
£
16,626
16,432		 Total
funds
2024
£
16,432

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ST. LUKES EPISCOPAL CHURCH: GLENROTHES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

5. Income from other trading activities

Income from fundraising events

Fundraising
Total 2024		 Unrestricted
funds
2025
£
1,083
2,394		 Total
funds
2025
£
1,083
2,394		 Total
funds
2024
£
2,394

6. Investment income

Income from investment funds
Investment income - interest
Total 2024		 Unrestricted
funds
2025
£
1,245
-
1,245
1,124		 Restricted
funds
2025
£
7,911
-
7,911
7,452		 Total
funds
2025
£
9,156
-
9,156
8,576		 Total
funds
2024
£
8,504
72
8,576

7. Analysis of expenditure on charitable activities

Summary by fund type

Charitable activities
Total 2024		 Unrestricted
funds
2025
£
84,373
52,711		 Restricted
funds
2025
£
60,467
46,348		 Total
2025
£
144,840
99,059		 Total
2024
£
99,059

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ST. LUKES EPISCOPAL CHURCH: GLENROTHES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

8. Analysis of expenditure by activities

Charitable activities
Total 2024
Analysis of direct costs
Staff costs
Visiting Clergy costs
Payments to Central Fife Team Ministry
Diocesan quota
Heat and lighting
Maintenance and repairs
Insurance
Refurbishment - Building costs
Worship costs
Rectory costs
Bank charges
Vestments
Water rates
Kitchen costs
Pantry costs
Total 2024		 Activities
undertaken
directly
2025
£
140,915
95,176		 Support
costs
2025
£
3,925
3,883
2025
£
33,913
934
49,200
2,727
7,066
11,959
1,208
-
1,834
17,923
290
-
-
8,043
5,818
140,915
95,176		 Total
funds
2025
£
144,840
99,059
Total
funds
2025
£
33,913
934
49,200
2,727
7,066
11,959
1,208
-
1,834
17,923
290
-
-
8,043
5,818
140,915
95,176		 Total
funds
2024
£
99,059
Total
funds
2024
£
36,622
-
25,200
2,278
6,887
2,541
1,399
1,149
813
1,948
319
220
1,146
9,250
5,404
95,176

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Docusign Envelope ID: 08AFD502-D4EB-8460-80AC-45B8347A519C

ST. LUKES EPISCOPAL CHURCH: GLENROTHES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

8. Analysis of expenditure by activities (continued)

Analysis of support costs

Administrative costs
Governance costs
Total 2024		 2025
£
40
3,885
3,925
3,883		 Total
funds
2025
£
40
3,885
3,925
3,883		 Total
funds
2024
£
40
3,843
3,883

9. Independent examiner's remuneration

The independent examiner's remuneration amounts to an independent examiner fee of £3,885 ( 2024 - £3,465 ).

10. Staff costs

Wages and salaries
Contribution to defined contribution pension schemes		 2025
£
33,742
171
33,913		 2024
£
36,527
95
36,622

The average number of persons employed by the Charity during the year was as follows:

2025 2024
No. No.
Employees 4 5

No employee received remuneration amounting to more than £60,000 in either year.

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ST. LUKES EPISCOPAL CHURCH: GLENROTHES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

11. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2024 - £NIL) .

During the year ended 30 September 2025, no Trustee expenses have been incurred (2024 - £NIL) . During the year a total of £2,880 (2024 - £2,100) was donated to the Church from the Trustees.

12. Fixed asset investments

Cost or valuation
At 1 October 2024
Disposals
Revaluations
At 30 September 2025
Net book value
At 30 September 2025
At 30 September 2024
13.
Debtors
Due within one year
Other debtors
14.
Creditors: Amounts falling due within one year
Trade creditors
Other creditors
Accruals and deferred income		 2025
£
5,982
5,982
2025
£
1,298
500
3,894
5,692		 Investments
£
288,279
(42,000)
25,696
271,975
271,975
288,279
2024
£
4,000
4,000
2024
£
1,530
500
3,717
5,747

Page 21

Docusign Envelope ID: 08AFD502-D4EB-8460-80AC-45B8347A519C

ST. LUKES EPISCOPAL CHURCH: GLENROTHES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

15. Statement of funds

Statement of funds - current year

Unrestricted
funds
Designated
funds
Designated
Fund - Luke's
Larder Hub
Designated
Fund - Stipend
& Ministry
expenses
General funds
General Fund
Total
Unrestricted
funds
Endowment
funds
Endowment
Fund		 Balance at 1
October 2024
£
15,170
3,483
18,653
32,882
51,535
36,883		 Income
£
11,567
-
11,567
31,173
42,740
-		 Expenditure
£
(15,540)
(47,535)
(63,075)
(21,298)
(84,373)
-		 Transfers
in/out
£
13,392
49,911
63,303
(13,273)
50,030
-		 Gains/
(Losses)
£
-
-
-
-
-
3,395		 Balance at 30
September
2025
£
24,589
5,859
30,448
29,484
59,932
40,278

Page 22

Docusign Envelope ID: 08AFD502-D4EB-8460-80AC-45B8347A519C

ST. LUKES EPISCOPAL CHURCH: GLENROTHES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

15. Statement of funds (continued)

Restricted
funds
Investment fund-
Clara Bond
Mothers
Property Repairs
- Windows
Warm Spaces
Luke's Larder
Hub
Nature Sessions
Sanctuary
Young People
Community AV
Equipment
Peace 'n' Jam
Bite & Blether
Community
benefit
Stipend &
Ministry
expenses
LCPB (Dec+)
Strory telling
FFCAN
Total of funds		 Balance at 1
October 2024
£
251,396
150
-
-
24,917
106
1,130
7
6
240
-
328
-
-
278,280
366,698		 Income
£
7,911
-
10,935
1,000
49,860
-
-
-
-
-
1,665
-
4,650
186
76,207
118,947		 Expenditure
£
-
-
(10,935)
(1,000)
(46,867)
-
-
-
-
-
(1,665)
-
-
-
(60,467)
(144,840)		 Transfers
in/out
£
(49,911)
-
-
-
-
(106)
-
(7)
(6)
-
-
-
-
-
(50,030)
-		 Gains/
(Losses)
£
22,301
-
-
-
-
-
-
-
-
-
-
-
-
-
22,301
25,696		 Balance at 30
September
2025
£
231,697
150
-
-
27,910
-
1,130
-
-
240
-
328
4,650
186
266,291
366,501

Page 23

Docusign Envelope ID: 08AFD502-D4EB-8460-80AC-45B8347A519C

ST. LUKES EPISCOPAL CHURCH: GLENROTHES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

15. Statement of funds (continued)

Designated Fund s

Luke's Larder Capital (formally Community Capital) - relates to monies assigned by the trustees to contribute to the refurbishment project and car park construction less expenses on the project.

Luke's Larder Hub (formally Community Hub) - In 2021, the cafe project changed to a community kitchen and social hub. This fund relates to monies assigned by the trustees to cover the hub's running expenses.

Restricted Funds

Community Capital - is a community-led project supporting well-being through food and shared activities, and partnerships with other charities and organisations.

Investment fund - Clara Bond - relates to monies donated to be used for stipend.

Mothers' Union - relates to monies to be used to purchase a gift.

Luke's Larder Hub (formally Community Hub) - relates to monies donated to be used for hub salaries and running costs.

Nature Nurture Sessions - relates to monies donated to be used for providing nature sessions for primary school pupils.

Coffee Bar - relates to monies donated to be used tea/coffees after Sunday services.

Sanctuary Young People - relates to monies donated by young people to be used for a safe place designed for all ages.

Community AV Equipment (formally Peace "n" Jam AV Equipment) - relates to monies donated for the improvement of the onsite technical capacity for Professional Audio systems (Audio-Visual Solution and Livestreaming) as part of delivering effective communications into the community and for the next generation.

Fife Voluntary Action/Scottish Government: Communities Mental Health and Wellbeing Fund - this relates to monies donate to support the growth of the Bite & Blether initiative.

Community Benefit Fund: relates to monies donated to be used aid some churches and pensioner's groups in the area.

Manna Community Food Pantry: relates to monies donated to be used for community pantry supplies.

Stipend & ministry expenses: relates to monies to be used specifcally for Stipend costs.

Storytelling Project - mnies used to investigate effective ways to stimulate storytelling between people of different ages and experiences.

LCPB(Dec+): relates to monies to be used to help the community at Christmas.

Fife Communities Climate Action Network (FFCAN) to support 3Rs craft activity to deliver climate action.

Endowment Fund

Relates to monies invested that the charity can use for any purpose.

Transfer From Funds

Trustees agreed that transfers from unrestricted funds to designated and restricted funds to pay for surplus expenses.

Page 24

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ST. LUKES EPISCOPAL CHURCH: GLENROTHES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

15. Statement of funds (continued)

Statement of funds - prior year
Balance at
1 October
2023
£
Unrestricted
funds
Designated
funds
Designated
Fund - Luke's
Larder Hub
15,054
Designated
Fund - Stipend
& Ministry
expenses
-
15,054
General funds
General Fund
27,125
Total
Unrestricted
funds
42,179
Endowment
funds
Endowment
Fund
32,006		 Income
£
10,432
-
10,432
26,079
36,511
-		 Expenditure
£
(22,399)
(21,969)
(44,368)
(8,343)
(52,711)
-		 Transfers
in/out
£
12,083
25,452
37,535
(11,979)
25,556
-		 Gains/
(Losses)
£
-
-
-
-
-
4,877		 Balance at
30 September
2024
£
15,170
3,483
18,653
32,882
51,535
36,883

Page 25

Docusign Envelope ID: 08AFD502-D4EB-8460-80AC-45B8347A519C

ST. LUKES EPISCOPAL CHURCH: GLENROTHES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

15. Statement of funds (continued)

Restricted
funds
Investment fund-
Clara Bond
Mothers
Luke's Larder
Hub
Nature Sessions
Sanctuary
Young People
Community AV
Equipment
FVA/Scottish
Government:
Communities
Mental Health
and Wellbeing
Fund
Community
benefit
Manna
community
food pantry
Stipend &
Ministry
expenses
LCPB (Dec+)
Total of funds		 234,411
150
15,247
106
1,130
7
2,445
240
2,589
-
-
256,325
330,510		 7,452
-
47,691
-
-
-
-
-
-
3,231
500
58,874
95,385		 -
-
(38,021)
-
-
-
(2,335)
-
(2,589)
(3,231)
(172)
(46,348)
(99,059)		 (25,452)
-
-
-
-
-
(104)
-
-
-
-
(25,556)
-		 34,985
-
-
-
-
-
-
-
-
-
-
34,985
39,862		 251,396
150
24,917
106
1,130
7
6
240
-
-
328
278,280
366,698

Page 26

Docusign Envelope ID: 08AFD502-D4EB-8460-80AC-45B8347A519C

ST. LUKES EPISCOPAL CHURCH: GLENROTHES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

16. Summary of funds

Summary of funds - current year

Designated
funds
General funds
Endowment
funds
Restricted funds		 Balance at 1
October 2024
£
18,653
32,882
36,883
278,280
366,698		 Income
£
11,567
31,173
-
76,207
118,947
Income
£
10,432
26,079
-
58,874
95,385		 Expenditure
£
(63,075)
(21,298)
-
(60,467)
(144,840)
Expenditure
£
(44,368)
(8,343)
-
(46,348)
(99,059)		 Transfers
in/out
£
63,303
(13,273)
-
(50,030)
-
Transfers
in/out
£
37,535
(11,979)
-
(25,556)
-		 Gains/
(Losses)
£
-
-
3,395
22,301
25,696
Gains/
(Losses)
£
-
-
4,877
34,985
39,862		 Balance at 30
September
2025
£
30,448
29,484
40,278
266,291
366,501
Balance at
30 September
2024
£
18,653
32,882
36,883
278,280
366,698
Summary of funds - prior year
Designated
funds
General funds
Endowment
funds
Restricted funds		 Balance at
1 October
2023
£
15,054
27,125
32,006
256,325
330,510

Page 27

Docusign Envelope ID: 08AFD502-D4EB-8460-80AC-45B8347A519C

ST. LUKES EPISCOPAL CHURCH: GLENROTHES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

17. Analysis of net assets between funds

Analysis of net assets between funds - current year

Fixed asset investments
Current assets
Creditors due within one year
Total		 Unrestricted
funds
2025
£
-
65,092
(5,160)
59,932		 Restricted
funds
2025
£
231,697
35,126
(532)
266,291		 Endowment
funds
2025
£
40,278
-
-
40,278		 Total
funds
2025
£
271,975
100,218
(5,692)
366,501

Analysis of net assets between funds - prior year

Fixed asset investments
Current assets
Creditors due within one year
Total		 Unrestricted
funds
2024
£
-
58,138
(6,603)
51,535		 Restricted
funds
2024
£
251,396
26,028
856
278,280		 Endowment
funds
2024
£
36,883
-
-
36,883		 Total
funds
2024
£
288,279
84,166
(5,747)
366,698

18. Gifts in kind

During the year a total of £2,324 (2024 - £735) was donated to the Church as Gifts in kind.

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Docusign Envelope ID: 08AFD502-D4EB-8460-80AC-45B8347A519C

ST. LUKES EPISCOPAL CHURCH: GLENROTHES

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2025

Income
Donations
Grants
Charitable activities
Fundraising
Charity investment income - listed investments
Charity investment income - cash investments
Gift aid and GASDS
Legacies
Gains on investments
Gains/(Losses) on investments
Gross income in the reporting period
Less:
Direct costs
Payments to Central Fife Team Ministry
Diocesan quota
Clergy related costs
Refurbishment - Building/Furniture
Worship costs
Heat and lighting
Rates
Maintenance and repair
Insurance
Staff costs - salaries
Pension costs
Vestments
Kitchen costs
Pantry costs
Rectory costs
Bank charges		 2025
£
19,768
68,296
16,626
1,083
9,156
-
3,018
1,000
25,696
49,200
2,727
934
-
1,834
7,066
-
11,959
1,208
33,742
171
-
8,043
5,818
17,923
290		 2025
£
118,947
25,696
144,643
140,915		 2024
£
16,356
50,892
16,432
2,394
8,504
72
735
-
39,862
25,200
2,278
-
1,149
813
6,887
1,146
2,541
1,399
36,527
95
220
9,250
5,404
1,948
319		 2024
£
95,385
39,862
135,247
95,176

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Docusign Envelope ID: 08AFD502-D4EB-8460-80AC-45B8347A519C

ST. LUKES EPISCOPAL CHURCH: GLENROTHES

INCOME AND EXPENDITURE ACCOUNT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025

Support costs
Administrative costs
Governance costs
Total expenditure
Net (expenditure)/income for the reporting period		 2025
£
40
3,885		 2025
£
3,925
144,840
(197)		 2024
£
40
3,843		 2024
£
3,883
99,059
36,188

The notes on pages 14 to 28 form part of these financial statements.

Page 30