Falkirk: Upper Braes Parish Church of Scotland (formerly Brightons Parish Church of Scotland) CONGREGATIONAL ACCOUNTS and ANNUAL REPORT FOR THE YEAR ENDED 31" DECEMBER 2025 Congregation No: 171170 S¢ottish Charity No: SC IK11385 Upper Braes Parish Church Trustees. Annual Report Year ended 31 December 2025 The Trustees present the annual report and accounts for Upper Brdes Parish Church for the year ended 31 De¢cmber 2025. Referenee and Administrative Information Charity Name.. Falkirk- Upper Brnes Porish Church of Scotland Charity Registration Number: SC001385 Congregation Reference No.. 171170 Contscl Address.. Main Str¢¢t Brightons FALKIRK FK2 OJT Websile: wivw.upperbraes.or8.uk Trustees The tollowing Trustees s¢rv¢d during the pertod of the accounis Kirk Session Rev S Burton Mr l Baillie - Rrscr¥e June 2023 Mr J Falconer Mr A Gill¢spie- Rcserve 0￿ 2025 Mr5 J CJilmour- A Ails 2P23 Mrs R (iilmour - A Nov 2025 Mr.1 Glass Mr.1 Hope - A Nov 2025 Mr CJ Mann H Mcmanus Mrs L McGarry Mrs J M¢¢k Mrs F Miller- A Jurrt 2025 Mrs C Moore Mrs J Norton Mrs P Paterson - RescTh¢ (ki 2025 Mr W Rankin¢ - R¢xTh'¢ 2025 Mrs M Scott - Rexry¢lkn 2025 Mrs D Spencer- A kn 2(125 Mr W Tomlinson- RJwK2025 Mrs J Wallace R- D*tt ofResigNatioNIRe(Ireme&l A- D*tt ofAppoiNtment R¢strb't- Ihtt io'RM¢ry¢ Elder, l.lst Upper Braes Parish Church Trustees, Annual Report Year ended 31 December 2025 Reference and Administrative Information (Cont.) Principal Offi¢trbear¢n Minisier.. Rev Scott Burton Session Cl¢rk- Judith Norton Church Treasurer- Sharon Glass Independent Examiner Granl Thomson CA Abercom School Newton Broxbum EH52 6PZ Bankers ank of Scoiland High Street Falkirk FKI INR Upper Braes Parish Church Trustees, Annual Report Year ended 31 Deeember 2025 Strueture, Governance and Management Goi'ernADg Document The Church is administered in accordan¢e with the lem)s of the Deed of Consiilution. Recruilment #nd Appointment of Trustees Members of the Kirk Session are the Charity Trusiees. The Kirk Session is ¢haired by the Minister and its members Ar¢ th¢ Clders of th¢ church. who are chosen from thos¢ members of the church who are ¢onsidered to have the appropriate gifts and skills. Organisational Structu The Church operates under the Unitary Constitution. Th¢ Kirk Session meets nine to ten limes a year and is responsible fnr spiritual affairs within the Church. Certain resp)nsibililies are delegated to the Finance and Property Comniiltees as appropriaie. Objeetives and Activities The chU￿h of Scoiland is Triniiarian in doctrine. Refornied in tradition and Presbyterian in polity. It exists to glorify God and to work for the advancemeni of Christ's Kingdom ihroughoul the world. As a national Church. il acknowl¢dges a distinctive call and duty to bring ihe ordinanc¢s of religion to the people in every parish of Scotland through a territorial Mini￿ry. It Cowoperales with other Chu￿he$ in various ecumenical bodies in Scotland and beyond. Church Life following the Union 2024 saw the implementation of th¢ Presbytery Mission Plan for the Uppcr Braes parish which brought tO8eihcr the con8regations of Brightons. Blackbraes & Shieldhill. Muiravonside and Slamannan Parish Cliurches into the new united Upper Braes Parish Church with eff¢¢l from O l November 2024. Over the course 01.2025 8 key locus was emb¢dding the mission plan and coming iogeiher as one chur¢l) fgn)ily acr05S two Ministry Cei)tres,' Brighions, the main building for the church. and Slamannan. which is designgted ' local mission church, given its rural locaiion and fin4nci41 need. Activlties for the ¢oThgreg*tion as A whole Church Life wiihin Upper Brnes Parish Church is full and varied. with many activities and pro8rnmme5 being offered. Regular Sunday w'orship continues ai boih ministry ¢¢nlres. Alihough a number of members from the legacy chur¢hes chose not to become mcmbers of the ncw united Upper Braes congKgalion, Sunday worship 15 well attend¢d, with menib¢rs and non-members from the four1¢8a¢y congregations enjoying worshipping iogether at both ministry centres. A minibus. funded by Upper Brdes Church. is run on a Sunday morning lo bring Incmbers from Shieldhill to Brightons Ministry Centre IBMC). Attendance in p¢rson at Sunday morning worship has remained relaiively stable over the year. Whilst a iiumber of n¢w pcople have start¢d allending regu14rly, a number of members have passed oli or become housebound. and ihe members on our overall Congregational Roll has dropped. Morning servicc5 continued to be 'liv¢-slreamed' frnm thc Sanctuary. wilh a significant number of views b()ih ai the lime of morning worship. and over the lollowing wcek. All-age ¢omniunion conlinued as 8 regular l¢aiure with iwo of our quarterly communion seryices being all-oge. Monthly Sunday evening services (with ¢ommunion). monthly hmlf-hour Thursday services (with comn7union four times a ycarl and two b¢rcavement services were also held. m¢eiTng the needs of a number of our chur¢h family. The Worship T¢ani involved in thcse services comprises the Minister and ov¢r 70 members and non-niembers. which enabl¢s all of these to be meaningful and io wn smoothly. During the summer. the Sunday moming service at BMC moved to l 0.30am. wth Kidsrreens Summers Clubs running at the same time. which proved popular wilh our families and young people. Within Upper Bra¢s many lifc-giving activiti¢s ￿re also offer¢d through the week including Youth Church GroLtps (previously Sunday School), Pre-ss, Girls Brigade, Boys. Brigade, Fellowship Groups, Book Groups. Alpha. Art Group. 'Friends of Jesus. Cjroup for adults wilh Icaming dI￿lCultIeS, Thursday coffc¢ morning. Guild, Belong. Friendship Plus and Seniors l.unch Club. Thc Blackbra¢5 and Shicldhill Guild and Rendezvous Group ceased once the sale of the church building concluded in March, and men)b¢rs now attend the Guild and Friendship Plus groups at BMC. There were also activities running in the community such as Scripture Union groups and chaplaincy work ai both Wallacestone and Slamannan Primaries and Braes High School. Again, these were all run by volunteers trom our church tamily and were used and valued by so many. A decision was iiiade to end the weekly Bible Fun Club. run in Slamannan Ministry Centre (SMC) for primary school ag¢d ¢hildr¢n. and siart a S¢riptur¢ Union group in Slamannan Primary School for P4-P7, M,hich has been well received. Valuable Ministries such as prayer shawls, flowers, baby baskets and food provision (Martha's Pantry) were glso faithfully und¢rtak¢n. Th¢s¢ gifts hav¢ b¢¢n appr¢¢iaied, particularly the prayer shawls and flowers by those suffering bereavement or ill health; and ihe baby baskets and food provision especially by those in Slaiiiannan/Lim¢ri88. which is re¢ord¢d as an area of high depravalion. Following the Union. Ihe congregation ¢oniinued to support Martha's Pantry, which was housed in Slamannan Community Cenlre, wilh donations ot non-perishablc fo(Mls or cash donations. Martha's Pantry is a conimunity-led food provision service and staffed by volunteers from the churcli and the conimunity on a rota basis. In addition lo providing food and household essentials for families who are siruggling financially in the SlamannanlLimerigg area. SLi¢¢¢ssful grant applicalions have meant that il was possibl¢ lo includ¢ ¢ookin8 d¢iiionsiro1ions using products availabl¢ in th¢ Pantry with a retired chef voluni¢ering his services. Aller confirnialion in 2025 that the council owned Slamannan Community Centre is closing the team are in the process of relocaiing to new premises in early 2026. With such a continuing busy church life il is imwrtant to nole the efforts from the Minisler. Staff. Office Bearers, Elders, Team Convenors and many i)ther volunteers within our church f8mily giving sigiiificai)t amounts of iheir time and gifts. Committeej and bo*rdJ of ¢he ¢hur¢h l)uring the year the Kirk Session continued to exercise its responsibilities as Charity Trustees wilh o stmng focus on ihe spiritual life of Upper Brdes Parish Church and on strengthening govemance, conipliance and long-t¢rni susrainability following th¢ Union. Scssion approv¢d updal¢d governanc¢. safcguarding. dats proteclion and cmployment policies,. compl¢led staiulory att¢slations: gnd ensur¢d ¢ompliat)¢¢ with new charity law and OSCR r¢quir¢m¢nts. Significant work was undertaken to manage finances prudently. including approval of the 2025 budget, carcful us¢ of r¢s¢rves, developm¢nl of Strat¢gi¢ Finan¢ial Prin¢ipl¢s. and recognition of ¢apacity pressures w'ithin Iinancial administration. I'h¢ Elders oversaw major pr(>perty decisions. notably the sale of the Shieldhill and Muiravonside buildings, and continued maintenance of church as5et5. Session managed succession and rotation of Elders. appointing new Trustees and allocating T¢2m responsibilities to ensure effective governance. S￿￿]ng matters were managed in accordance with employment obligations, includino the apwinlment of the new Pastordl Assistant. Alongside these governance duties, Session engaged in subslantial strdtegic reflection. approving ¢ore church values: and leading significant strategic ¢ngagement through ihe Church Confcrcrbcc in November. atrirniing the n¢¢d for cultural change, discipleship gr0￿h and clearer mission focus. This is progressing through a Discipleship and Remissioning framework to addres5 congregailonal decline and support the church's fuiur¢ niission. Property Although now in Union. it was agreed io defer again large spend works lill 2026. so as to understand the financial situation of the Upper Braes Parish Church. following consolidation of accounts and sale of properties. During 2025 th¢ Property Team were involv¢d in th¢ significant preparation for th¢ salt of the Iwo churcl) properlies at Shieldhill and Muirdvonside. Boih prop¢rties were successfully sold in March IShieldhill} and September 2025 (Muiravonside). We ar¢ gra￿ful to the Minister and Property Team for their hard work and commitment lo enable the sale of these buildings. At BMC there were three visits required io attend to various roof issues. following Stornis and vegelaiion groHoh, and at SMC some new parts were installed to healing boiler and a full servicelflush of the system carried out. A new insiant hot W8t¢r boiler was purchased and installed lo replace the ¢xislin8 unit in the BMC Halls, kitchen to fa¢ilitate hot water required for tea atid coffee use. A n¢w or8an was installed in the sanctuary in July ai BMC. The team of volunt¢¢rs. Continue lo mainiain the fabri¢ and ground5 of Upper Braes Parish Church. carrying our re8ular healih and safely checks. and arranging and spreading more stones over the car park ar¢as. and decoration of rooms within the Halls ai BMC. Achievements #nd Perfominct A key achievement in the life of the Upper Braes Church wo$ the appointm¢nl of a new Youth Development Worker (YDWI, who commen¢ed work in January 2025. This has borne much fruit it)cluding gr0￿h in our FLAIM young people's group. setling up peer support networks and a mentoring scheme, and weekly visits to the Braes Higl) School wliere a new Scripture Union has been estsblished. An additional part-time Pasiordl Assistant (PA) was also appoini¢d in May and the Pasiornl Sthff team work well lo minister to those needing pastor81 Care, particularly the elderly. in our parish. Over 2025 the Ilpper Braes con8re8aiion have contin￿d io mature in faith and grow in discipl¢ship and prayer. In 2024. following the Minister ¢mbArked urM)n a "Remi5sioning' course to help our congregaiion further develop our discipleship Irainin¥, which in time will enable us lo r¢ach out better inlo our Communily. The developnient of a 'Discipleship Pathway. compl¢ted in 2025 and a fellowship Group and Huddle 25 Dis¢ip1¢5hip Group are exploring how they can becom¢ more missionally focus¢d. In parallel, in March we began a "community audit" to engage and listen lo our ¢ommunity alK)ut lo¢&1 need5 and hopes. This projec( was fund¢d by the Church of Scotland's 'Seeds for Gromrth Fund" so (hat we could bring in The Cinnamon Network as an ou(sidc facilitaior to train and support us over tlie projecl. T])¢ project has enabled us lo listen to the community and to God as wc discern where wc can Serve and seek thc flourishing f tsur community. xs ways to grow ihe Kingdom of CTod in our parish. Thc conclusion of ihe prnj¢ct will continue into early 2026 when concrete prowksals will be broughi to the congre8ation lo disccrn where God wants us to gct involved in his TTIiSSion plan. In November Upper Braes hosted a succ¢5sful Youth With a Mission Team IYW AM) visit for a week and look forward to welcoming another team in firture for a longer period. Risks to the charity As the Upper Braes Church depends heavily on volunteers from within the congregation ther¢ ¢oniinues io be Ihe very real risk that some will feel unable to conlinu¢. Th¢ ¢n¢ourJg¢mcnt to ncw arid long-lem) iiiembers to b¢ an a¢iiv¢ part of thc family of God at Upper Braes is woven into ihe lif¢ and pr¢achiiig and during 2025 we continued to see som¢ new volunteers Coming forward into Icadcrship and supwrt roles. for which we thank God. Wit]i an ageing church family there is an increasin8 need to provide more pasloral supporL beyoiid that wliich ¢an realistically be provided by the Pastoral Assistanis, Youth Developm¢nl Worker {Ihr¢e year lerni) and Minister. There is a risk we don't have sufficient volunteers to continue to m¢ei this in¢r¢ased supw>rt. With all this in mind. we continue ro 8ive thanks to God for the life of Upper Braes Parish Church fomily as we prayerfully look forward to 2026. Financial Review Upper Braes receives the majority of income from ¢ongregalional donations and 15 unlike many otlier cliurches whn are dep¢nd¢nl on income from external lets. Offeriiigs in the 12 months to Deceniber 2025 increased froin £135,419 10 £157.019. During the previous year. as a r¢suli of the union. £222.208 of other income M'as recognised being ihe asscts of the legacy congregations now consolidated into Upper Braes Parish Church. Thc transacli()n was accounted for under Acquisition accouniing, and in accordance wilh ihe Charities SORP FRS102. the net assets laken over are in subslan¢e a gift ond were credited io Oihcr Income in ihe SOFA. The fair Yalue of the nel assets acquired can be splil as follows.. bank a¢counls £82.469. Inveslmenis £44.739 and land and Buildings £95.000 Total costs of charitable activities (excluding exceptional items) of £229.044 w¢r¢ £42.438 8r¢at¢r than 2024. the largest variances being the ¢osi of Salaried roles {pasior41 assistsnl, youth worker, cleaner etc) aiid fabric repairs and mainlenan¢¢. During 2025 Iwo church properties were disposed of one of which, Shieldhill. was recognised in the tinancial stalenients of Ilpper Braes Parish C hurch, the other being V¢Sted centrnlly. On disposal ihe balance of proc¢¢ds after costs have heen aitribuied io the Capital Account held by The Church of Scotland General Trustees on our behalf. Accordingly. the full £95,000 of dis￿$￿1 proceeds on Shieldhill Churcli and Halls has been recognised as an exceptional item in the year. The results for ihe year Show nct expcndilure for the year of £70.31 O. compared to a net income of £315.390 in the prior year. I'hese balances reflecl the timing of significant transactions arising fron) Ihe union ond sub5¢qucnl asset disposals. The underlying posilion (excluding consolidation and exceptional items) in the curreni year is a nei income of £24.69012024.' nel income of £4,088). Reserves Policy It 18 the Trustees policy to hold reserves of 411¢asi six monihs expendilure including desig1141ed funds, At the year end, the Church held unrestricted funds of £376.807 of which £5.164 has been designated as a Fabric Fund. £9.079 for use by the various organisaiions and £21,910 for fu￿re projects on Youth Work, Education and Church Masonry work. The remaining balanc¢ of£340.654 repffsents mor¢ than 12 months expenditure which the Trustees consider is a reasonable amount lo ensure the ongoing work of the ¢ongrego1ion. Th¢ Church also held £80.525 of re5tricled funds. which have been provided for the purposes specified in Note 15. Endowment Funds of £37.980 were held. of which £1 S.1)00 must b¢ retain¢d. The balance can be used as Trustee5 detemiine. Statement of Trustees, Responsibilities Charity law requires the Trustees to prepare financial slaicments for each financial year which show a true and fair view of the state of affairs of the Charity and ils financial activilies for that period. In preparing those rinan¢ial statem¢nls. th¢ Trustees are required to.. sel¢¢t 5Ultabl¢ accounting policies and th¢n apply ihem consisienily- make judgmenis and estimates thai arc reasonable and prudeni. slate whethcr applicable a¢¢ounting stmndards and statements of recommended practice have been followed. subject to any departures dis¢105ed and cxplain¢d in the financial staicments: and prcpare lh¢ tinancial statements on ihe going ¢oncern basis unless il is inapproprial¢ lo presume that th¢ Charity will continue in operntional ¢xisten¢¢. The Trust¢e5 are r¢sponsible lor keeping prop¢r accounting records which disclose with reasonable accuracy at any lime th¢ financial p051tion of the Charity and io enable them to ensure that the finan¢i81 statements comply with th¢ Charities and Trustee Investmeni (Scotlandl Act 2005 and the Charities Accounts (Scoiland) R¢gulations 20Q6 {as amended). They are also r¢sponsible for safeguardin8 ihc assets of the Charity and hence for laking reasonable sieps for the prev¢ntion and detection of fraud and other irregularilics. Approved by the Trusiees and signed on their b¢half. J NortoD aQ d4 j￿fj sessio￿ Clerk Upper Braes Parish Church SC 001385 Report of the Independent Examiner I report on the accounts of the Charity for the year ended J l December 2025 which are set out on pages l O to 19. Respectiv¢ r¢$poD$ibilities of Trustee8 *nd Examiner The Charity'3 Trustees are responsible for the prep8ro1ion of ihe a¢¢ounts in 4ccordan¢e with the lerms of the Chariii¢s and Trustee Inve5tmcnt {Scotland) Act 2005 and the Charilies Ac¢ounts (Scotland) Regulations 2006 {as amended). The Charity's TnESt¢¢s consider that ihe audit requirement of Regulation l O(1 ) {al to (c) of the Ac¢ounts Regulations does not apply. li is my r¢sp)nsibiliry ¢0 examine the accounts under section 44(1)(c) ot. the Acl and to slate whether particular mailers have come ￿ my attention. B*8is of Independent Ex*miner'i statement My examinaiion is carried oui in accordance with Regulation I l of the Charities Ac¢ounts IS¢oiland) Regulations 2006 las amended). An examination includes a review of ihc accounting r¢cords kepi by Ilie Cliarity and a comparison of the accounts presented with those r¢¢ords. li also in¢ludes ¢onsid¢ration of any unusual itenis or disclosures in the accounis and seeking explanations from the Trustees concerning any such i)iatters. The procedures undertaken do nol provide all the evidence thai would be required in an audit, and consequently I do not cxpr¢ss an audit opinion on the account5. Independent Examiner's statement In ihe cours¢ of my examination no matter has come to my Attention .hich gives nie reasonable cause io believe thai in any niaterial r¢sp¢ci the r¢quir¢nients'. To keep a¢courbtin8 records in accordan¢¢ ￿.1¢h S¢¢tion 44 { l Ma) of the 2005 Aci and Regulation 4 of the Accounts R¢gulalions 2006 las amended). and To pr¢pare accounts wliich accord with the accounting records and comply witli Regulation 8 of the Accounts Regulations 200618$ am¢nd¢dl have noi be¢n mei: or to M'hich. in my opinion. attention should be drawn in ord¢r lo enable a proper vndersianding of ihe accounts to be ￿ached. Grant Thomson CA Abercorn School Newton Broxburn EH52 6PZ IIpp*rBrnex P•rfsk Cburyh I'eAI'tnd¢d 31 Dtttmb¢r2Qts pu￿ 1925 22J.I 1••07 Ll 102.L (hha ?Iq TOTAI. IN('OME 222.2 1.1 1ty.(477 Coils DfRwJiN# J74 1•744 IWJW& TOTAI. EXPENDITifRV. InD9JI 19.7 319 r411 ¢11￿ •nd l.oJiM •n n).hJJ 2$$ iJ>) rTKJi• 211.?59 1$62 Jti.J r4RT JNCOt41WEXPENWTITXI IJJD v•Ji 759 ijfjz 31&J NET P+lOITMENTOT4 ni. 1759 1562 RÈLQNCILIArioN nir4 Tlltsl •l￿d$ bTh¥ihi 44&71• .15.65• lJ9951 $7 1•3 ia.525 41&710 js.éjq Upper Brn¢s Parish Chureb BaknDee Sbeel At 31 Decemb¢r 2025 Ullrrstiided Reslridtd E•d0￿￿t Fullds FRnds Fll&ds Totsl 2025 Tot*1 2024 lied Tangible Fixtsl ¥$4$ Inve51mfnls T(YfAL FIXED ASSETS 105.468 57.395 162.863 105.468 89.517 l94.995 189.677 85.534 275,211 io 78 78 32.054 32.054 Curmt Aas*ts tkMryr5 Bank Ind L*h 61,052 156.313 217.366 27,925 266,727 294.652 85.477 85.477 S,926 5.926 247.717 308,769 TOTAL CURRENf LSSETS cr￿1¢•￿ TrJllinB due Mihin on¢ 12 13.4221 15.030) 4,4511 Not Curnl Assets 213.94 80.447 5.926 300,317 290,411 376.807 80.525 37.980 565,622 THE FUNDS OFTHE CHARITY IlhrniFI(tsd Funds (￿￿Tal lunds LkS18n￿Oj lut¥Js 13 340.654 36.153 376.807 376.807 448.71 R¢s￿Etsd Funds Endowmmt Funds 13 80.523 81.262 35.6SO IJ 37.980 37,980 Totsl Ch#Aty Fundj Is 376.807 80.525 37,980 495,J12 565.622 The xo)uni8 were b> Ihe KI￿ 8usit￿ fowl d $I8￿j on Ihclr bthdfby J Nonon- Session C'leJk XJ J&4 2Ql J hn*k- Ihi)uii' Si¥sii)n c.luk Upper Braes Parnh Church AeeountiDg Policies The principal a¢counting wlici&8, which have bccn applied consistentty in the currcnl and preceding yeor ifb dvdling with ilems which are considered material to thc accounts. are sel out below. 12 Basis of prepanlioD The a¢¢ounrs have been prepared in ac¢ordan¢e with the chariry's goveming docunienL the Charities SORP "Accouniing and Reporting by Chariiia.. S￿¢m¢nt of Recommended Prxtice applicable to charities preparing their accounts in aecordancc ivith the Financial R¢porting Standard applicable in the UK arid Republic of Ireland (FRS1021" leff¢thive I st January 2019). the Charities and Trustee Investsnent IS¢oiiandl Aci 2005 and th¢ Charities Accounts {Scoiland) Regulations 2006 (as amended). The charity. is a PublK Benefrt Entity as defined by FRS 102. The accounts ore prepaml in Sierling. which is th¢ funaionai currency of the charilv. Monewy amounts in these Iinaneial stalenients are rounded to the nearest £. The accounts l)ave been prqyared und¢r th¢ historical cost convention. modified to include the revaluation of investnients at fair value. Funds Funds are Classif￿ as either restricted funds. endowment funds or unrestrKteO fvnds, defin￿ &$ follows.. Restricted fvnds are funds subjecl lo spe¢ifK rwuirements as ￿ their use which ma), be declared by the donor or with their authority or creatcd through kgal processes. bul still within the Wbder objects of the charity. Endowm¢nl funds are funds which have been given on the conditK)n that the original capi￿1 sum is not reduced. but the income ther¢fron) is used for the purpose defmrjj in ￿COrdance with the objects of the chariry. Unrestricted funds are ¢xp¢ndable ￿ the discretion of the trustees in furtherance of the obieds of the ¢harity. If parts of the unrestricted funds art eamarked at the dis¢r¢tion of the trustees for a pariicular purpose, chey are designated as o separaie fund. This de5ignalion h&s an &Iministr￿lvt purpose only and does not legally restrict the tru5ttts discretion io apply the fund. Incomlng resoNrtts All donations. gifts and legacies are rttognised within Incoming Resources under either unresiricted or restricted lunds according to the terms linder which the income is receiv￿. The income is only rccogniscd ivhen the charity is enliiled to conlrol the economic benefits expe¢ied to flow from the inwm¢ il is probable that such benefits will be r¢¢eiYcd and the incom¢ can b¢ measured reliabty along with any wsts to complete the transaction. Donated goods, facililics and services are r¢¢OgnIs￿ whcn the cliarity is entitled to ¢ontrol the econoniic benefits expttted io flow from ihe item. it is probable such beneftts will be received and the fair value of the donated item can be measured reliably. Re50urees expendal Ex'penditure is re¢ognised on an xcruals basis as th¢ l￿bIlity is incurral. Upper BTaeS Pariyb Cburth Aeeountillg Po]￿leS 13 Tangibk fixed assets The charty has the right lo occupy and use for its chhritsble objects ctrtsin tsngibk fix¢d assets, including churches, halls and Mans< v¢sied in th¢ Gene￿ Trusi¢es of the Church of Scotland. No consideration is payabl¢ for the us¢ of th¢se a55ets. &xpcndilure incurred on ihe upgr*J& repair and niainlenance of these assets is charged as expenditure in the Sthtrn]eni of Financial Adivities in the period in which the liability arises During 2023, a new Manse was purchased and is vd8ted in the Church of Scotland General Trusttts. In lllie wilh the policy above, this Manse hos noi b¢en r¢cognised as an assd within Upp¢r Br8¢s Parigh Church accounts. The previous Mans& whKh was vested with the Kirk Session of Upper Brdes Parish Church. was sold during 2024. The Church and Halls of the Former BriEhions Parish Church. v¢51ed in the Kirk Session. are includd at £nil since. giv¢n the nature and use of the C hur¢h ond Hg11s. no appropriaie valuation is availabl¢ however. the Chur¢h and Halls at the previous Shi¢ldhill and Bla¢kbra¢s. sold in th¢ Spring of 2025. hav¢ b¢¢n in¢luded £95.000 being the sale proc¢ds achieved. All tangible fixed assets costing in excess of £3.000 having a value to the charity greater than one y￿. otl)er than th05c acquired tor spccific purposes. are capitsli5ed. Depreciation is provided on a straiglil-line basis to wrile OIT the cosi or initial value. less residu41 value, of thngible fixLwJ assets over their esiimated useful lives- Non-residenlial Property Fixtures & Equipment Office equipmei)t 25 years 20 years 3 years lThvestmentJ Fixed asset investments are stated at markd value at the balance shed date. Unrealtsed gain$ and 105ses represent the difference hetwttn the markd value at the Winning and end of the financial year or. if purchased in the year. the difference between cost and market value at the end of the year. Realised gains and losses represent the dlffCrcn￿ between the PToceeAls on disposal and the markd value at the 51aM of the year or cost if purchased in the year. Taxalio lJpper Braes Parish Church is recognised as a charity for the purposes of applicable taxation legislation aiid is th¢relftr¢ not subj¢¢t to t&¥ation on its ¢haritsb]e a¢¢iviiies. Th¢ charity is not registered for VAT and resources expended therefore include irrecoverable input VA T. IlppcrBri¢i P•rtslJ Cljurrh Noim pirt of 11¢ f•r ihe )¢Ar¢ndid 31 Di(*rn&¢r2015 di iou 2024 T&Y t¢t4Ythd tr&.J41 225.179 21124 34LI¥ Is),w (lh J OthvTrndl*i Athld $7 3•1 153 BI•*8￿ *wJSF&olknoll Pththcknh 9.4DI 21•W 1.245 Upper Br*e5 P*ri5h Church iyotes fonning part of ihe finanLryal stalements for the vear ended 31 December 2025 15 FuDd5 Totsl Funds F￿Thd5 Tothl 2025 2•25 2025 2025 2024 2024 2014 2024 A￿￿13515 oIRLsourrLs EApfflded Offeniig Ense10￿5 174 374 876 876 374 374 876 876 Ch•rf¥able Athvlrfe9 Minislric* and Mi5510n ￿7￿￿10 88.897 8&¥97 2,¥06 455 1943 Mini8ic¢8 EXr￿ SalAr¥ LOSLS 1.036 i¥.￿1 455 15.6 714 1&619 37.5211 4,4.13 (hhw %iaff o)sis 714 Pulpit Supply I.(￿'U￿ L'os 222 222 124 124 2.664 83 &692 2¥,677 7.978 (ksani41'8 fe<5 FabnL Ryits & H¢0¢ libh¢ Loun¢il Tu. & T¢1*￿¢¢45s￿ Priniih¥ %ll¢itsnL tJon4UlQTh% io chaTi¢thleoTgmiwion5 Lif¢ wyrk StewJYJihip and SIKri 3.54? J,542 859 8.692 29.677 7.978 .1.597 4.5%3 5.3%9 336 3.3 330 58 Tt¥thswirt m￿41C LYpcnsLY Ind Situmins co￿1 unilay 4ihixTrl Jnd orwiwion5 2.163 6,W7 2,163 9Tr7 3UQ (AhLT exwsc I￿￿￿￿ on disp(￿11 ofith%*imwt$ tkpr¢L'lulion 822 822 9.019 2(￿.)(*) 19.744 229.1 IX6.thlbb t)IxpOs￿ of Pwi%h ('hurth Huildins N¢L on sale of Man5¢ 95.rAAI gS• (89.0931 I89.￿1) 9,O931 IN¥.￿¥.1} 95.(th) Tol41 -1th1.674 19.744 J24.41N siipport costs have not been separately idenrificd as rhe mistecsconsidet there isofily one cljarirable aciivity. Therefore suppori costs relate whi)IIy li) thai acLlVlty and have ni)1 bt¢n waraiely id¢ntifJcd. Expenditure on charjiable gclivilie4 includinB the exceptional iiem. w&$ £324.044 {2024 £97,513). £19.744 of thLS was restricted expenditure r¥laiLxI L(Tr Yvuth Wvrk¥r ¢vs1b. During ?022, a ne￿ Manse was Purchased. In line wilh oiheT properties occupied by rn0￿ aiuTch ofscoiland congregaiion& Ilie new Manse 15 ve%icd in ihc Church of Scotland Ctethcral TTUStcc& A% sllch. the new MarL%C has n(bt been recogni￿d a% 8 fixed a&8ci ivithin Brighians Parith C'hurLh aicvunts but rather the purrh45e proc¢ed& includi￿8 ancillary c051& ￿ere Irealed 45 e¥ceptional eApen5e wiihin the Staleillent of Fincincial Aciivilie& The purchase ol Ihe ne￿. Manse was panialty lunded by a bridging loan from ihe Church of Scoiland which was repaid when the previouq Man*e was sold duriDg 7014. The exCe￿o¥er the curreni c8rryuJg %'alue of£225.000 was recognised as a on sale within thr Stdtcmrnl vl. Pinanrial A¢tiTr-itic& In 2025 the Parish Church and Halls recognised in the ?024 consolidation was di4>osed of for £95,000. In line ￿1th the terins of disposal this has bL¢n managed ¢¢ntrally by the ChurLh of ￿.￿lI￿nd Gen¢ral Tru*e¢s and the residual pro¢LYds aft¢r d¢du¢tion of costs hav¢ bwn allo¢ai¢d lo the capital account for Upper BTae5 Parish cknu￿b ￿kn]Ch 15 T¢cOgni￿d in their accouuts. IlccoTdingly the total amount of both c0515 of Sale and amount transferred io central capithl lund4 equivaleni ￿ the full Sale proceed4 hai'e bttn Tecognised Jii these accouiits as Bn exceplioiial item. LTpper Braes Parish Church otes forming part of the financial st&tements for the year ended 31 DeLYmber 2025 16 2025 2024 7 Sloff ThumbfTY DI[￿ Employees- Salanes and Diftet Employe£s- Soth￿ sttwrity costs DirLLI F_tnpli)Y￿%- Liinlirihutions Indire￿ Employee5- rc¢￿Be c0515 Total 14.751 15.660 235 22.534 37.520 15.660 No employee had employee bffljefits in ace55 of £fA).IMKI (2O24- Dill The average numbv of 8]1 stsff and unploY￿, in¢luibn8 th(v &ssiy*i by of sLI)ll￿d, on a he&lLU)Ulit bAsis ￿'8S as follows,. 2025 2024 PT￿ni￿ mainienanct All Lhiirih of s¥￿tIl￿￿ wn¥r¢¥*ions wntribut¢ tb¢ N¥ionai stiN￿￿ Fund ￿1th bws th¢ ¢￿s¢s of liiinistus, siipends ond ¢Jiipl(>yi*s Trlliribuiiuns fur n￿lO￿al InsurA￿T. p￿sI￿n alld hovsing 103n knd. MiDisia5' siiwmds ￿ p￿d in wilh Ihc n￿l￿n￿ .slipcnd scal¢, whiih Is r¢llltthl yws of s¥V1￿ Ftsr ih¢ y*Jr undtt r¢vio4 th¢ miThimum si1￿1d was £3?.413 120?4 £11,4h?1 and lh¢ m￿lI￿UM IipL'nd (in rhe lifth %ubwu<￿l yLW51 L39.¥5Y I?074 £3X.X¥41. In thliljijn Ii) mini41ry Lii%IN ihe Sil￿d F￿￿. Ihe bthefiLS from ihe uf Mini¥tria% IkvdiipTnwt Stn17'LYnployd dirLL%ly by lh¢ C-huryh of SL￿1￿￿1. Wh¢r¢ ih¢ wsis of ihts¢ ¢mployx4 w¢ r*td io ih¢ g)iigr¢Mation ih¢y ar¢ Twgiii%￿l in Iht wxounl¥ ¢xpcnd>lurt. B T￿%t￿ Rem￿nera￿On A Trd Rdaied TrAnsAthons Durinb t￿. ILW ¥ Itusith* 12U24.. 51 wiiJibuhLxnthi Of expthws ithojrred in of rwsirs m*n1th￿te. %1￿10￿￿. irnvd and i)IhLY %undry itLYllS lot￿ling É7.833 1?0?4.. IX.(rfTrl l. In r&klitioTr the following rcmuncrAion fi>T S£￿ILy￿ pft)kId￿ duriiig IhL YLJT lan Tlaillii, IP4yiorAI Assist￿11 Siott Burton IMinist¢rl £nil 12024 £9.425 Ranunmthl in with ihc n*10[￿L sli￿a sc4Je as disclosal iii ￿0te 7. During lh¢ y¢ar a iotAI of£31.534 {2024.. £43.5541 dMa•J 10 Ihe by irnsie*s. 9 '1'8nglhlo b'lxod Asstly and Offitr Equlpjmi taTh5e EquIP￿&￿t Totsi C05t or Valualloll Al l January ?02.$ 297.369 15.994 19.880 19,880 195,(M)Dl 2.1¥.241 {95.IMMII Al 31 2025 19.1¢¥0 15.994 Arcumulatfd Deprailtion At l Janusry ?0•5 Chdt¥e fvr year Eliminitd on th5p0s￿5 At 31 Dettmbu 2025 107.69? 15.994 123.686 ¥.OY5 9.V¥ 115.787 132,775 Net Book I'alue AI 31 Dlrembet 2025 A6.5%2 18.%%6 105.468 AI 31 D￿￿b¢T 2024 189.677 189.677 In order io cotnply With Lurrent ￿￿>unTIng regll1ati0￿5. Ihe Trusio3 haie illcludal the Chunth, Halls and Manse. [￿e to ihar nature and current inoured in prthious ye￿. During 2024 ihe [n￿Se￿&S sold aThl the gaJL OD sale has beffl rwusal in the SOFA. Upper Braes Parish Churth Notes formihg pgrt of the fSo*lldg1 $t•teth¢nts for the vear endul 31 Detember 2025 17 2014 2024 Markd value* l 85.535 37.730 44.739 Additions Rea113ed Invemma￿s lknttalised I Ilossl thi invtttmts V￿￿¢ at 31 Iknbtr 3.992 89.527 85.535 Invtstmenis * C¢>Si 65.IK>7 03.(M)7 4659 tir0%￿h Fllnd Units Cknth of Swtlwd Jnwior¥ Tn 5.U39 lrtomt Fwid Unils Churth ofswii*bd Trust E200 3 5% Wu Si0(k 32.054 57.395 78 29.7ZJ 55.732 78 Inveslmenlj ￿ held p￿M￿]Y for In￿lm£￿1 11 Dthtor4 2024 rjift Ajd T&¥ Rtfund J Ixhcr t￿￿or5 Pr4>￿ry￿￿T 54.744 6.308 21925 27.925 12 fttdlth 2124 2.741 4.241 ¥.452 4.241 IJ Anilyikn of Yi ol FuAdi C¢*4MI RtytsiÉt¢d Tollll Fixed A5s¢Is InY¥imJe(ts Fund Cofk¢ Mornin8 Fund hoir Fund 8undry School FuThJ 'Ih¢ liuild Fund Ilndcr FI￿ Fwid Fr$￿dI vfJuus l.'Iind Fntmthhip Plus F￿d I'ommwiiv (￿lICKh 3.330 17051 5.164 5.869 20.0 2.719 211.000 1.939 1.939 149 1.2B3 15031 1.350 007 1582 1.219 245 2.119 112501 1.6¥8 987 12651 Q.301} 461 2.091 635 448.710 2.091 635 448.710 635 376.807 2J2,771 1304.6741 Tot*1 -¢45.622 324.418} 49q,312 .164,622 I￿1801￿8 ruouryY¥ indudes £nil In or￿51￿￿£d l+)sK¥ OW14 £nil) (kn8oin8 T¢wr(t3 Ihdudt £9.O89 Q024 £8.0991 In sp¢£1 of dryrea*ion ofihe Ildls Equipm4 Purpo* ￿ Ilurutrl¢ted F¥odi lth¢ Fund inrttm¢ rn be Ihe n￿1￿8 ofth CIMwth • ihe TnthrrJ wopn¥¢ Thc Ciifi & 14w Fund ihe Clmxth * Ihr Alexmdcr Tn￿ Fwwj i)Kwmt be Ihe Oft￿ Chwth Th¢ wild of£15.(MXI is i• Fe mancd Purpow of Rulvlt1￿ FM•di LortW8*iond BT5UWI ofi(K4 ￿identS Ciuild iht wsk of the Guild wd of1￿(4 Shitjthill xttSSinB Cimup Upper Brxes Pan%b ChU￿h Not¢s forrrling part ofthe finaDci*I ststements tor the yegr ended 31 DeCt￿ber 2025 19 IS Funds (toll) Pyrpwc5 of Ik5iEw•l¢d F¥wdJ Fthnc Fllnd- The T￿￿lett hwe fijnth its Thith of the Churth. E0￿*10￿4 Fill￿. Th¢T￿￿1t¢S kne 3a asidp fimth io swrt th¢ ￿51$ ofih)logl￿ studie5 Projclls Fund The yet ￿ld¢ i￿¢ fi￿1th to initidly $UPF4M *'Yowh Work¢¥ PwJ¢4' wurvj lo the'Lhurth W8113 Loftee MomJn8 Fund. The ThL￿d$ ofJ¥us 336 330 The 6Jllm%ini h•ve IIK 4yC*neA Mis$ion*y Pffin¢r (iuild ProJett3 SIMh￿rOn IIDsPlCt Chnsiiws PoV￿Y Pros￿$ xross scoll￿d Aid LhnSt1￿ M¥frlill*) 15$ 1.280 245 561 445 425 464 3.475 125 Appul 3,fX15 17 Charity Acquisitions Ai l Novffliber 2024 and in xcordance with the Ilnion of ChuTche5. the look over the affaiT5 of 3 other charit5e5.' Muiravonside Parish Church of S¢oiland. Sh*ldhill BWbTaes Parish Church of S¢o¢land and Slamm•n4n Parish Chur¢h of Scotland. A5 a re511h thc charity xquired the remaining [￿t &ssets of the fonner charitRs wh￿h amountd to £126.380 excludin8 land and buildin85. No considcralion wa5 payable in exchange for the net ￿sets takeTh over. The transaciion was at¢ouni¢d for ut)dtt A¢qui8ition A¢¢ounting, and in a¢¢ord*¢¢ with the Chayities SORP FRSI 02. the net assets taken over are in substance a gift wcre cr¢dited io Other Income in the SOFA. The vslue of the thet a55ds be split &s fol]ows." bank xrounts £82.469. inv&5ttncnts £44.739 and land & building5 £95.0(KI. Upper Br•¥ Parlsh ChU￿b APPENDIX FUNDS HELD BY THE CHVRCHOFSCOTLAND GETr4ERAL TRUSTEES FOR THE BENEFITOFTHE CONCRECATION 211 Con$olid¥¢¢d F•brK Fund 2025 2024 CAPITAL ACCOUNT Credit balances held at 31 December at cosi m￿et value of ba]anccs at 31 Decemt*r 361,358 366.053 254.599 258.672 REVENUE ACCOUNT Credii balance at 31 Dccffl]ber 905 TEMPORARY ACCOUNT Credii bakn¢e at 31 December Indfvidual FYD Purpose.. EXPENDABLE Credit bNlance5 held at 31 December at ¢osi Markei value of balances at 31 Dttemb¢r PERMANENT ENDnWMENT Credil balances hekl ￿ 31 December ￿ ¢0 Mgrkel value ofbaknees at 31 Dwupb¢r