Docusign Envelope ID: 9FF066D6-ABF3-8607-8070-E6ACA3402D80
Scottish Charity Number: SC001082
Rosskeen Free Church of Scotland Annual Report and Financial Statements for the year ended 31 December 2025
Docusign Envelope ID: 9FF066D6-ABF3-8607-8070-E6ACA3402D80
Rosskeen Free Church of Scotland
Contents
| Page | |
|---|---|
| Report of the Trustees | 1 |
| Report of the Independent Examiner | 7 |
| Statement of Financial Activities | 8 |
| Balance Sheet | 9 |
| Notes to the Financial Statement | 10 |
Docusign Envelope ID: 9FF066D6-ABF3-8607-8070-E6ACA3402D80
Rosskeen Free Church of Scotland
Report of the Trustees for the year ended 31 December 2025
The trustees present their annual report and financial statements of the charity for the year ended 31 December 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102.
Objectives and Activities
The Free Church of Scotland currently has over 140 congregations in Scotland, as well as 2 in London and 5 in North America, and sister Churches founded by mission work in India, Peru and South Africa. The Church also has a full time college in the heart of Edinburgh for the training of Ministers and other Christian workers and sustains an extensive Missionary programme relative to the size of the church.
Dating from 1843 but with its roots in the Reformation, it owes its distinctive title to its historical struggle to remain ‘free’ from state interference in its internal affairs. It has close and active relations with many other Reformed churches of Jesus Christ throughout the world and stands firmly in the tradition which accepts the Bible in its entirety as the Word of God and, therefore, derives its forms of teaching, worship, ministry and government from it. The main emphasis of our worship is the preaching of the gospel - the good news of a free and sovereign salvation through Jesus Christ alone.
Rosskeen Free Church of Scotland is a congregation of the national Free Church of Scotland working towards the common aims set out above. It is a Presbyterian church adhering in its worship and doctrine to the position of the Church of Scotland at the Reformation. The Free Church of Scotland has an explanatory document which explains the origins of the Church and which gives the historical background to the Church coming into being in 1843 and lists documents in which is embodied the constitution of the Church.
The congregation is authorised by the Church to have two ministers paid from central funds of the Church.
The Church building, the Rosskeen manse and the MacCallum Centre are the property of the congregation and are held under the Church’s model trust deed. The Church Hall, Saltburn Manse, Ex Service Point and Ex Co-op are all held by the congregation.
The government of the Free Church of Scotland is Presbyterian and the congregation is within the Northern Presbytery.
Grant Making Policy
The congregation makes grants from its gift income to individuals and organisations whose aims are compatible with the congregation’s objectives.
Review of our Achievement and Performance
During the year, the church met regularly for worship and carried out various activities in pursuit of the above stated aims.
The congregation continued its commitment to support the National Free Church of Scotland both spiritually and financially.
Page 1
Docusign Envelope ID: 9FF066D6-ABF3-8607-8070-E6ACA3402D80
Rosskeen Free Church of Scotland
Report of the Trustees for the year ended 31 December 2025
Review of our Achievement and Performance (cont’d) Significant highlights, events and developments of note in the year include the following:
In relation to congregational activities:
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Morning Services were held weekly at Rosskeen Church and Evening Services at the Capstone Centre. Attendances continued to see a steady increase throughout the year and new faces attending regularly.
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Both weekly services continued to be live-streamed through the Church’s YouTube channel and this has proved a valuable ministry to the housebound and others.
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Sunday School met regularly throughout term-time with a roll of approximately 25 children.
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YF met before the Sunday morning service with approximately 7 teenagers.
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A weekly prayer meeting is held - lagrely in-person but with a Zoom component also. Attendance hovers around the 20 mark with 3 or 4 additionally online.
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Lunch Club moved from fortnightly to monthly, but continued to be a very popular ministry with local care homes taking residents along via minibus. There is soup, sandwiches and baking followed by an hour of gospel music. Additional Care homes have expressed interest in taking residents through with one new home attending in the calendar year.
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Knit and Natter met weekly and numbers grew across the year.
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Youth Fellowship continued to meet fortnightly on a Saturday evening at the Capstone Centre. YF grew on the year from 11 teenagers to 16 teenagers regularly attending from a variety of congregations in the local area.
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There was a successful Easter Family Service event and other family services at Christmas and the end of the Summer School term.
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The Food Bank continues to operate from the Capstone Centre. It is manned by volunteers and is well supported with donations from within the congregation and from the wider community. As well as helping to alleviate food poverty for those in crisis situations, the volunteers are ready to respond to other physical problems and to support clients emotionally and spiritually. They work hard to “lend a listening ear” and to signpost people to appropriate support agencies.
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● The Capstone Centre continued to be used by the Northern Presbytery and the Free Church Mission Board under a licence to occupy. In December of 2024 it was agreed by the Presbytery that the NP Connect work would cease and a Church Plant (Capstone Community Church) would be officially inaugurated within the premises.
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Rosskeen Church has continued to build on its good working relationship with other congregations locally.
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Rev. Calum Macmillan retained contact with various schools within the area. Ardross, Newmore, Bridgend and Milton Primaries for regular assemblies, and South Lodge and Coulhill Primaries for the end of term services (Easter, Summer and Christmas). There were also occasional assemblies in Park Primary (Invergordon). There were also regular assemblies in Alness and Invergordon Academies.
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Milton, Bridgend, Coulhill, Newmore and Ardross Primaries attended a ‘Christmas Unwrapped’ event at the Capstone Centre. These events are popular with the schools and are very successful outreach opportunities for us.
Page 2
Docusign Envelope ID: 9FF066D6-ABF3-8607-8070-E6ACA3402D80
Rosskeen Free Church of Scotland
Report of the Trustees for the year ended 31 December 2025
Review of our Achievement and Performance (cont’d)
In relation to congregational activities:
-
Rev Calum MacMillan continued a weekly ‘drop in’ at Invergordon Academy. Since November of 2024 Rev MacMillan operates this by himself due to the absence (and subsequent resignation) of Rev Brian Macleod (Invergordon Parish Church). It takes the form of simply being present in the school cafeteria and brining in doughnuts and cookies for the pupils and staff. There are good conversations taking place (including spiritual) and relationships being built within the school community with both staff and students. This, in part, led to Gospel opportunities within the school - these are listed below.
-
In February 2025 Rev MacMillan was invited into Invergordon Academy to the Higher RMPS class for a discussion around the topic of miracles. The class had studied Hume’s philosphical argument against Miracles and Rev MacMillan was invited in to give a faith perspective on the case for miracles. The event was very well received and led to further opportunities.
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At Easter time there was a further opportunity to present the case for the Resurrection of Jesus Christ from the dead. This took place across various classes over a school day. S5/S6 Higher RMPS class (the same as above) for round table discussion first period, S3 philosphy class the following period then two seperate S1 RE classes either side of lunch. The S1 classes took the form of formal debates. Calum and a senior pupil presented the case for the resurrection and two senior pupils argued against it, then it was open to the floor for questions. Again, this was very well received by the school.
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Invergordon Academy have expressed interest in Rev MacMillan resuming mentoring some of the junior boys and this continues to be explored.
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Calum, along with two other school chaplains, Rev Robert Adair and Rev Phil Gunn continued monthly ‘drop-in’ on the first Tuesday of each month at Alness Academy over lunchtime. It has helped develop relationships within the school, especially with the new Head Teacher.
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The Church celebrated its 125th Anniversary in June 2025, It marked 125 years since the first service was held in the current building. A weekend celebration was held involving a thanksgiving service on the Friday night, a congregational Fun Day on the Saturday and a communion on the Sunday with a former Elder of the Congregation - Rev David Ferguson (North Uist) - preaching.
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In December, our annual ‘Carols by Candlelight’ event returned and was very well attended. We raised funds for the local ‘Womens Aid’.
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We continue to work alongside other local churches and there were two Alness & District Church Collective Churches Together Services) services this year - a Good Friday Communion Service and a Community Carol Service in December. There was also a ‘Big Summer Hymn Sing’ event in August – a joint Church outdoor praise evening. The local Ministers also meet for a monthly fraternal for prayer and mutual encouragement.
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There was a civic service held in the Church to mark the 80th Anniversary of VE Day. Rev MacMillan led that service with involvement from the other local clergy.
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The women in the congregation held a number of coffee mornings raising much needed funds for a number of causes.
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The Deacons Court continued to pursue plans for building improvements and a planning application was lodged with Highland Council for proposed renewal of the windows.
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Melville Knox, an independent Christian school, continued using our church building as a hub for their new school.
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Across the year the congregation was blessed to welcome 22 new members. 3 by profession of faith, 18 by transfer from other congregations.
Page 3
Docusign Envelope ID: 9FF066D6-ABF3-8607-8070-E6ACA3402D80
Rosskeen Free Church of Scotland
Report of the Trustees for the year ended 31 December 2025
Review of our Achievement and Performance (cont’d)
In relation to congregational activities:
-
There were two adult baptisms in the year - one by immersion, one by sprinkling.
-
21 members left the congregation in the calendar year. 16 transferred their memberships to the Capstone Community Church, 5 members moved away from the area.
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One member passed away in the year in question. The resulted in no net change to the overall membership numbers.
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Our Minister in Training, Keith Nicolson, finished his two year training with us in June 2025 and began the second phase of his training with Merkinch Free Church in Inverness.
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Three new office bearers were inducted during the year. Rev Colin Morison and Mr Duncan Maclean were inducted as Elders and Mr Robert Macrae as a Deacon. The Kirk Session continue to monitor the need for further office bearers.
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Rev MacMillan continued to operate as Presbytery Clerk on behalf of the Northern Presbytery.
Financial Review
Principal sources of funding
The congregation receives it funding by way of weekly offerings and Gift Aid donations.
Results for the year
The financial statements for the year are set out in pages 8 to 17. The Statement of Financial Activities on page 8 reflects net outgoing resources of £18,686 (2024: net incoming resources of £89,896).
Risk Management
The Trustees assess the major risks to which the congregation is exposed on an ongoing basis and have established procedures to mitigate those that are identified as a result of these reviews.
Reserves Policy
It is the policy of the congregation to maintain unrestricted funds, i.e. funds not committed or invested in fixed assets, at a level which equates to approximately three months unrestricted expenditure. This allows sufficient funds to enable the ongoing work of the church to be maintained. The General Fund (page 16) at 31 December 2025 was surplus £161,396 (2024: £171,478).
Total reserves, including the net book value of fixed assets and balances on restricted funds amounted to £1,392,428 (2024: £1,411,114).
Structure, Governance and Management
Rosskeen Free Church of Scotland is established by Constitution. The church is a Scottish Charity (No. SC001082).
Appointment of Charity Trustees
The Kirk session exercises its discretion in determining the most appropriate method of electing new Trustees (Elders and Deacons). Any election process must involve the communicant membership of the congregation. There is no fixed term for Trusteeship. Prior to their appointment, new Trustees would have served the church for some time in various roles and would be familiar with the church’s values, its aims and objectives as well as its day-to-day operations. As part of their induction programme, new Trustees are required to understand their statutory responsibilities as well as their responsibility as elder or deacon.
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Docusign Envelope ID: 9FF066D6-ABF3-8607-8070-E6ACA3402D80
Rosskeen Free Church of Scotland Report of the Trustees for the year ended 31 December 2025
Key Management Personnel Remuneration
The church is Presbyterian in government and its day to day running is undertaken by the Elders (the Kirk Session) and the Deacons (the Deacons’ court). The Deacons’ Court’s specific function relates to the material and financial business of the congregation, as well as social ministry, whereas Elders are charged with the general and spiritual oversight of the congregations. {It is accepted practice for the Ministers and Elders to also be in membership of the Deacons’ Court}. Under charity law the Deacons’ Court are deemed to be the Trustees of the Congregation. (This is distinct from the role of congregational trustees responsible only for holding property in trust).
Reference and Administrative Information
Elders: W Campbell D McPhail D Lipp R Hannan D Henderson J Gunn D Maclean (appointed 16/11/25) C Morison (appointed 16/11/25) Deacons: D MacIver M Stirling R Macrae (appointed 16/11/25) Minister: Rev C MacMillan Ministry in training: Keith Nicolson (contract period completed June 2025) Congregational Trustees for holding Property: D Stirling M Stirling D Lipp Principal Office: Achnagarron Church Invergordon Ross-shire IV18 0PJ Website: www.rosskeenfreechurch.co.uk Charity Number: SC001082 Independent Examiner: Jonathan N Innes FCCA Innes & Partners Limited Chartered Certified Accountants 9 Ardross Street Inverness, IV3 5NN Bankers: Royal Bank of Scotland 60 High Street Invergordon Ross-shire IV18 0DH
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Docusign Envelope ID: 9FF066D6-ABF3-8607-8070-E6ACA3402D80
Rosskeen Free Church of Scotland
Report of the Trustees for the year ended 31 December 2025
Reference and Administrative Information (cont’d)
Solicitors: Macleod & MacCallum Ledingham & Chalmers Brodies LLP Solicitors & Estate Agents Kintail House 3 Fodderty Way 107 High Street Beechwood Business Park Dingwall Invergordon Inverness IV15 9XB Ross-shire IV2 3BW IV18 0AB
Trustees’ Responsibilities in relation to the Financial Statements
The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in Scotland requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period. In preparing the financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the applicable Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charity Accounts (Scotland) Regulations 2006 (as amended), and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the trustees on 30[th] June 2026 and signed on their behalf by:
Rev. Calum MacMillan Minister / Trustee
Page 6
Docusign Envelope ID: 9FF066D6-ABF3-8607-8070-E6ACA3402D80
Rosskeen Free Church of Scotland
Report of the Independent Examiner for the 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 17.
Respective responsibilities of trustees and examiner.
The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity’s trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.
Basis of independent examiner’s statement.
My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) 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. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given in the accounts.
Independent examiner’s statement.
In the course of my examination, no matter has come to my attention:
-
which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations (as amended) and
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to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations (as amended)
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.
Jonathan N Innes FCCA Managing Director Innes & Partners Limited 9 Ardross Street Chartered Certified Accountants Inverness IV3 5NN
Date: 30[th] June 2026
Page 7
Docusign Envelope ID: 9FF066D6-ABF3-8607-8070-E6ACA3402D80
Rosskeen Free Church of Scotland
Statement of Financial Activities for the year ended 31 December 2025
| Note Unrestricted Funds £ Income Donations and Legacies 3 100,526 Charitable Activities 4 1,300 Investments 5 3,793 Other 6 - Total Income 105,619 Expenditure Charitable Activities 7 120,962 Total Expenditure 120,962 (15,343) Transfers between funds 13 (24,753) (40,096) 1,605 Net Movement in Funds (38,491) Reconciliation of Funds Total Funds Brought Forward 1,315,380 Total Funds Carried Forward 13 1,276,889 Net income/(expenditure) before gains/(losses) on investments Gains/(losses) on investment assets |
Restricted Funds £ 29,911 4,200 614 - 34,725 39,673 39,673 (4,948) 24,753 19,805 - 19,805 95,734 115,539 |
Total Funds 2025 £ 130,437 5,500 4,407 - 140,344 160,635 160,635 (20,291) - (20,291) 1,605 (18,686) 1,411,114 1,392,428 |
Total Funds 2024 £ 177,782 800 4,326 106,574 289,482 202,586 202,586 86,896 - 86,896 3,000 89,896 1,321,218 1,411,114 |
|---|---|---|---|
Page 8
Docusign Envelope ID: 9FF066D6-ABF3-8607-8070-E6ACA3402D80
Rosskeen Free Church of Scotland Balance Sheet as at 31 December 2025
| Note Unrestricted Funds £ Fixed Assets Tangible assets 9 1,088,322 Investments 10 27,171 Total Fixed Assets 1,115,493 Current Assets Debtors 11 89,331 Cash at Bank and in Hand 84,020 Total Current Assets 173,351 Liabilities 12 11,955 Net Current Assets/(Liabilities) 161,396 Total Assets less Current Liabilities 1,276,889 Net Assets 13 1,276,889 The Funds of the Charity Restricted Income Funds - Unrestricted Funds 1,276,889 Total Charity Funds 14 1,276,889 Creditors falling due within one year |
Restricted Funds £ - - - 2,963 114,158 117,121 1,582 115,539 115,539 115,539 115,539 - 115,539 |
Total Funds 2025 £ 1,088,322 27,171 1,115,493 92,294 198,178 290,472 13,537 276,935 1,392,428 1,392,428 115,539 1,276,889 1,392,428 |
Total Funds 2024 £ 1,118,336 25,566 1,143,902 115,101 164,979 280,080 12,868 267,212 1,411,114 1,411,114 95,734 1,315,380 1,411,114 |
|---|---|---|---|
The notes on pages 10 to 17 form part of these accounts.
The accounts were approved by the trustees on 30th June 2026 and signed on their behalf by:
Rev C Macmillan
Trustee
Page 9
Docusign Envelope ID: 9FF066D6-ABF3-8607-8070-E6ACA3402D80
Rosskeen Free Church of Scotland
Notes to the Financial Statements for the year ended 31 December 2025
1. Accounting Policies
Basis of Preparation and Assessment of Going Concern
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended), and UK Generally Accepted Accounting Practice.
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these financial statements.
Funds Structure
For the purpose of the Statement of Financial Activities as shown on page 8, funds are defined as follows:
Unrestricted funds comprise grants and other income received for the objects of the church without further specified purpose and are available as general funds.
Designated funds represent unrestricted funds which have been earmarked by the Trustees for particular purposes.
Restricted funds comprise income which has been received for the objects of the church and specified for a restricted purpose within these objects by the donor.
Income Recognition
All voluntary income and bank interest is accounted for when received. Income from tax recoveries on Gift Aid is accounted for on the accruals basis.
Expenditure Recognition and Irrecoverable VAT
Expenditure is recognised on an accruals basis when a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.#
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Tangible Fixed Assets and Deprecation
Heritable property is stated at cost. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
| Heritable Property & Property Improvements | 2% straight line |
|---|---|
| Fixtures and equipment | 20% reducing balance |
| Minibus | 20% reducing balance |
Page 10
Docusign Envelope ID: 9FF066D6-ABF3-8607-8070-E6ACA3402D80
Rosskeen Free Church of Scotland
Notes to the Financial Statements for the year ended 31 December 2025
1. Accounting Policies (cont’d)
Fixed Asset Investments
All investments are shown in the accounts at market value.
Donated goods
Donated goods are measured at their values unless it is impractical to measure the fair value reliably. Fair values are estimated based on the cost of the item to the donor.
Donations include the value of assets gifted to the church on cessation of Rosskeen Trading Limited.
2. Related Party Transactions and Trustees’ Expenses and Remuneration The Trustees received no remuneration or expenses during the year (2024: nil) in their capacity as Trustees.
Page 11
Docusign Envelope ID: 9FF066D6-ABF3-8607-8070-E6ACA3402D80
Rosskeen Free Church of Scotland
Notes to the Financial Statements for the year ended 31 December 2025
| 3. Donations and Legacies Individuals Gift Aid Offerings Income Tax Reclaim Other Donations Other income Legacies |
Unrestricted Funds £ 34,872 47,560 15,490 - 2,604 - 100,526 |
Restricted Funds £ 3,610 8,887 2,709 5,097 9,608 - 29,911 |
Total Funds 2025 £ 38,482 56,447 18,199 5,097 12,212 - 130,437 |
Total Funds 2024 £ 36,337 71,820 22,789 2,255 30,106 14,475 177,782 |
|---|---|---|---|---|
Income from donations and legacies was £130,437 (2024: £177,782) of which £100,526 was unrestricted (2024: £104,750) and £29,911 was restricted (2024: £73,032).
| 4. Charitable Activities Hall Hire |
Unrestricted Funds £ 1,300 1,300 |
Restricted Funds £ 4,200 4,200 |
Total Funds 2025 £ 5,500 5,500 |
Total Funds 2024 £ 800 800 |
|---|---|---|---|---|
Income from charitable activities was £5,500 (2024: £800) of which £1,300 was unrestricted (2024: £nil) and £4,200 was restricted (2024: £800).
| 5. Investments Interest Dividends |
Unrestricted Funds £ 3,793 - 3,793 |
Restricted Funds £ - 614 614 |
Total Funds 2025 £ 3,793 614 4,407 |
Total Funds 2024 £ 3,712 614 4,326 |
|---|---|---|---|---|
Total investment income was £4,407 (2024: £4,326) of which £3,793 was unrestricted (2024: £3,712) and £614 was restricted (2024: £614).
| 6. Other Proceeds on property sale |
Unrestricted Funds £ - - |
Restricted Funds £ - - |
Total Funds 2025 £ - - |
Total Funds 2024 £ 106,574 106,574 |
|---|---|---|---|---|
Total other income was £nil (2024: £106,574) of which £nil was unrestricted (2024: £106,574) and £nil was restricted (2024: £nil).
Page 12
Docusign Envelope ID: 9FF066D6-ABF3-8607-8070-E6ACA3402D80
Rosskeen Free Church of Scotland
Notes to the Financial Statements for the year ended 31 December 2025
| 7. Analysis of Expenditure Charitable Expenditure Preaching services Ministry Expenses Head office remittances Charitable donations Presbytery dues and insurance Heating and Lighting Telephone Books and Stationery Magazines Printing MacCallum Centre Teaching Materials Outing Subscriptions Social Events Outreach Events Council Tax Media and Recording Repairs and maintenance Rent and rates Salaries General expenses Independent Examiners Fee Professional Fees Depreciation Final VAT payment for Subsidiary Company Total |
Unrestricted Funds £ 1,007 1,362 62,460 500 5,806 8,579 40 - - 347 - - - - - - 2,720 - 152 1,094 - 2,468 2,178 - 32,249 - 120,962 120,962 |
Restricted Funds £ - - - 7,830 - 3,005 - 271 163 1,449 - 1,389 510 - 737 2,028 - 547 5,108 - 10,872 3,396 - 2,368 - - 39,673 39,673 |
Total Funds 2025 £ 1,007 1,362 62,460 8,330 5,806 11,584 40 271 163 1,796 - 1,389 510 - 737 2,028 2,720 547 5,260 1,094 10,872 5,864 2,178 2,368 32,249 - 160,635 160,635 |
Total Funds 2024 £ 2,208 1,344 59,757 9,962 4,533 13,025 340 663 - - 889 2,225 - 208 - 25 3,788 3,702 35,724 1,269 11,125 6,698 2,076 60 32,200 10,765 202,586 202,586 |
|---|---|---|---|---|
Support costs have not been separately identified as the trustees consider that there is only one charitable activity. Therefore support costs relate wholly to that activity and have not been separately identified.
Expenditure on charitable activities was £160,635 (2024: £202,586) of which £120,962 was unrestricted (2024: £117,155) and £39,673 was restricted (2024: £85,431).
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Docusign Envelope ID: 9FF066D6-ABF3-8607-8070-E6ACA3402D80
Rosskeen Free Church of Scotland
Notes to the Financial Statements for the year ended 31 December 2025
| 8. Analysis of Staff Costs Total 2025 £ Salaries and wages 10,451 Employers National Insurance 88 Pension costs 333 10,872 Total 2025 Number Administration and support 1 1 No employee had remuneration including benefits in excess of £60,000 (2023: £nil). |
Total 2024 £ 10,094 114 917 11,125 Total 2024 Number 1 1 |
|---|---|
| 9. Tangible Fixed Assets £ £ Cost / Valuation As at 1 January 2024 1,202,674 286,506 Additions - - As at 31 December 2025 1,202,674 286,506 Depreciation As at 1 January 2024 328,637 53,415 Charge for the year 24,053 5,732 As at 31 December 2025 352,690 59,147 Net Book Value As at 31 December 2024 874,037 233,091 As at 31 December 2025 849,984 227,359 The church's heritable property comprises the following: Valuation Church Buildings Old Co-op Building Old Rent Office Total valuation at 31 December 2025 Heritable Property Property Improvemen |
£ 12,000 - 12,000 11,669 66 11,735 331 265 £ 910,000 124,674 168,000 1,202,674 Motor Vehicles |
£ 50,704 2,235 52,939 39,827 2,398 42,225 10,877 10,714 Fixtures & Equipment |
£ 1,551,884 2,235 1,554,119 433,548 32,249 465,797 1,118,336 1,088,322 Total |
|---|---|---|---|
Page 14
Docusign Envelope ID: 9FF066D6-ABF3-8607-8070-E6ACA3402D80
Rosskeen Free Church of Scotland
Notes to the Financial Statements for the year ended 31 December 2025
| 10. Investments Market value as at 1 January 2025 Unrealised gain / (loss) on investments Market value as at 31 December 2025 The followings investments are held: 4,387 Share Pool Units are held with the Free Church of Scotland 400 3.5% War Stock 11. Analysis of Debtors Unrestricted Restricted Funds Funds £ £ Prepayments and accrued income - 751 Other debtors 89,331 2,212 89,331 2,963 12. Analysis of current liabilities and long term creditors Unrestricted Restricted Funds Funds £ £ Due within 1 year Accruals and deferred income 11,955 1,582 11,955 1,582 13. Analysis of Net Assets Among Funds Unrestricted Restricted Funds Funds £ £ Fixed Assets 1,088,322 - Investments 27,171 - Current Assets 173,351 117,121 Current Liabilities (11,955) (1,582) As at 31 December 2025 1,276,889 115,539 Analysis of Net Assets Among Funds Unrestricted Restricted Funds Funds £ £ Fixed Assets 1,118,336 - Investments 25,566 - Current Assets 183,174 96,906 Current Liabilities (11,696) (1,172) As at 31 December 2024 1,315,380 95,734 |
Total 2025 £ 25,566 1,605 27,171 Total Funds 2025 £ 751 91,543 92,294 Total Funds 2025 £ 13,537 13,537 Total Funds 2025 £ 1,088,322 27,171 290,472 (13,537) 1,392,428 Total Funds 2024 £ 1,118,336 25,566 280,080 (12,868) - 1,411,114 |
Total 2024 £ 22,566 3,000 25,566 Total Funds 2024 £ 729 114,372 115,101 Total Funds 2024 £ 12,868 12,868 Total Funds 2024 £ 1,118,336 25,566 280,080 (12,868) 1,411,114 |
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Docusign Envelope ID: 9FF066D6-ABF3-8607-8070-E6ACA3402D80
Rosskeen Free Church of Scotland
Notes to the Financial Statements for the year ended 31 December 2025
| 14. Movement in Funds Restricted Funds Fabric Youth Mercy Ministries Communication Outreach & Missions Local Ministries Third Party Ministry & Discipleship Unrestricted Funds General Assets Fund Investment Fund Total Funds Movement in Funds Restricted Funds Fabric Vehicle Youth Mercy Ministries Communication Outreach & Missions Local Ministries Third Party Ministry & Discipleship Unrestricted Funds General Fund Assets Fund Investment Fund |
As at 01.01.2025 £ 19,824 8,618 9,507 10,726 15,311 9,975 500 21,274 95,734 171,478 1,118,336 25,566 1,315,380 1,411,114 As at 01.01.2024 £ 47,288 217 8,222 10,975 7,786 5,471 4,803 1 25,062 109,824 41,592 1,147,236 22,566 1,211,394 1,321,218 |
Incoming Resources £ 1,821 2,923 - 5,094 2,641 8,956 7,691 5,599 34,725 105,619 - - 105,619 140,344 Incoming Resources £ 5,300 44 3,760 - 10,810 11,008 27,216 8,648 7,660 74,446 215,036 - - 215,036 289,482 |
Outgoing Resources £ (6,729) (2,504) (650) (4,778) (3,174) (4,283) (6,390) (11,165) (39,673) (88,713) (32,249) - (120,962) (160,635) Outgoing Resources £ (32,764) - (3,364) (1,468) (4,831) (1,168) (22,044) (8,344) (11,448) (85,431) (84,955) (32,200) - (117,155) (202,586) |
Transfers Gains/Losses £ 26,473 (357) - (1,878) - - 515 - 24,753 (26,988) 2,235 1,605 (23,148) 1,605 Transfers Gains/Losses £ - (261) - - (3,039) - - 195 - (3,105) (195) 3,300 3,000 6,105 3,000 |
As at 31.12.2025 £ 41,389 8,680 8,857 9,164 14,778 14,648 2,316 15,708 115,539 161,396 1,088,322 27,171 1,276,889 1,392,428 As at 31.12.2024 £ 19,824 - 8,618 9,507 10,726 15,311 9,975 500 21,274 95,734 171,478 1,118,336 25,566 1,315,380 1,411,114 |
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Docusign Envelope ID: 9FF066D6-ABF3-8607-8070-E6ACA3402D80
Rosskeen Free Church of Scotland
Notes to the Financial Statements for the year ended 31 December 2025
Fund Purposes:
Restricted Funds:
The Fabric Fund encompasses all income and expenditure relating to the upkeep of the properties belonging to Rosskeen Free Church.
The Youth Fund encompasses all income and expenditure relating to the activities and running costs of Rosskeen Sunday School , Milnafua Sunday School , Frogz , Youth Work, Little Nippers, Mums and Toddlers and The Saturday Club.
The Mercy Ministries Fund encompases all income and expenditure relating to the Common Good Fund , the Road to Recovery Fund and the Seeds of Hope Fund .
The Communication Fund encompases all income and expenditure relating to the Magazine Fund and the Media and Recording Fund .
The Outreach and Missions Fund encompasses all income and expenditure relating to the Missions Fund , Ministry in Song Fund and Community café .
The Local Ministries Fund encompasses all income and expenditure relating to the rental and running costs of the MacCallum Centre and Capstone Offices .
The Third Party Fund encompasses all income and expenditure relating to donations collected and paid over to Third parties.
The Ministry & Discipleship Fund encompasses all income and expenditure relating to the ministry of the church.
Unrestricted Funds:
The General Fund encompasses all income and expenditure relating to the primary focus activities of the charity, other than those for which funding is restricted.
The Designated Assets Fund encompasses the net book value of the fixed assets held by the church.
The Investment Fund encompasses the net book value of the investments held by the church.
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