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:
- 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.
- 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.
- Sunday School met regularly throughout term-time with a roll of approximately 25 children.
- YF met before the Sunday morning service with approximately 7 teenagers.
- 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.
- 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.
- Knit and Natter met weekly and numbers grew across the year.
-
- 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.
- There was a successful Easter Family Service event and other family services at Christmas and the end of the Summer School term.
- 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.
- ● 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.
- Rosskeen Church has continued to build on its good working relationship with other congregations locally.
- 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.
- 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.
- 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.
- Invergordon Academy have expressed interest in Rev MacMillan resuming mentoring some of the junior boys and this continues to be explored.
- 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.
- 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.
- In December, our annual ‘Carols by Candlelight’ event returned and was very well attended. We raised funds for the local ‘Womens Aid’.
- 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.
- 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.
- The women in the congregation held a number of coffee mornings raising much needed funds for a number of causes.
- 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.
- Melville Knox, an independent Christian school, continued using our church building as a hub for their new school.
- 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.
- One member passed away in the year in question. The resulted in no net change to the overall membership numbers.
- 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.
- 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.
- 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.
Page 4
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
Page 5
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:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the applicable Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- 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:
1. which gives me reasonable cause to believe that in any material respect the requirements:
- 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
- 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
2. 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).
Page 13
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**|
|---|---|---|
Page 15
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**|
|---|---|---|---|---|---|
Page 16
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.
Page 17