The Church of Scotland
Campbeltoivn Parish Church
RECEIPTS AND PAYMENfs AccouNrs
for the year ended
31 December 2025
CongregAtlou No: 191263
Ch4rlty Iyo: SCIMI2493

Campbeltown Parish Church
Reference and Admfinistratlve Information
Charity Name:
Campbeltown Parish Church
Charity R¢￿StraI10n Number:
SC002493
Congtegation Reference No:
191263
Contact Address..
clo 48 Limecrdigs Road
Campbeltown
PA28 6JT
T￿￿tee5
Thc I￿￿t¢¢$ of Campb¢ltown Parish chU￿b comprise its Minister and Kirk sessio￿ wbich it￿[Ude$ all a¢tive
elders. Those who served &8 trwtres at any time from l January 2025 until the dat¢ on which these financial
slatements were signe4 werc as lollows:_
Rev Stevem Sass
David Arnwluntil 9 Fd> 261
Harnish Armollr
K*hkn m￿lA
Al&th"T Gillies
Ray melni05￿wal1eY
MarBara McKe*thck
Jim McKinv
Paer AM￿
IXinnicGilliLs
Makoltn Banttatyt
Shirl¢y B8nwtyne
ATchi¢ Bthour
Su¥on C4mpb¢ll
E15p#b Colville
Ar¢hieCIM)k
Robert Gillics
Eli4eGlthdiMinR
Evdyts Ha]bday
Anne Howrll
WOie Hume
Firm M£Phee
AJiswliÉtDThy){￿tI1 2 D¢e25)
Jobo RaJ¥io
Willie Rakn
Jsobel Cook
ITene Millar
otra MacDougall
Hamish M¢Allister
Mb8iri Reid
MaryCIM)k
Callum Mo4ulay
PereT McCBJlum
Neil MLConni¢k
M8rgarei Wallace
DavEd Youn8
iX]gald Youjg
Ronni¢ Flcming
Jokn Gall
Principal offlcewbearers
Minister
Session Clerk
Treasurer
Rev Steven sa￿ Bth(IV) MDiv{V) Li¢Teol(Vl)
Jean Durnan
Alisthir Dobbie Bsc CA
Independent exAmlller
M&rg8ret K Grahwn BA CA
Parkl
Muasdale
Tatbert
PA29 6XD
B*nkerx
Virgin Money
19 Longrow
Campkltown
PA28 6ES
lofll

Cgmpbeltown Parlsh Church
Tryste¢s' Annual Repori for the yeir ended 31 December 2025
struc￿r￿ Governance Ind Management
Governlng Docu)Den¢
The chU￿b is administered ID accordance w￿th the tern￿ of the Deed of Con4itutitin (Unitary Forni).
Recrultm¢nt awd AppolntmeDI of Trusttts
Memiws of the Kirk SessK>n are the ciwity tnjsttts. The Kirk Se&sion nThttrs are tbe eidets of chU￿b alld are
cIK)sen from those of the church who are con5idercd to have the appropriate gifts and skilk The nuDist¢r.
who is a meml*r of the Kjrk Session. is elected by the ¢ongreg*ion and inducted by Pr¢sb)tery.
The Kirk sessio￿ which nKcts ai kysi fow timcs a yfdr. is r¢sponsibk for all ￿tt¢rS ￿￿tIng to Dwn8g￿[ of ihc
Churc￿ wiib certain respottsibdi.ties ￿]ng dekgaied to commitlees or workng groups where appropriate. Tr Kirk
Session is aLso responsbi ie for spiritual atbirs within tbe churc
South Kintyre P*ri8hes
Casw)beltown Parish Chwch is fornlllly knked with the congregations of Sout1w￿ ISC004584) Sathll &
Carradak (SC0026091 with Rev St¢ven Sass being Minist¢r of all thrtt'south KotsyTe' par*lxs.
Objectives Ind Activities
The Thurch of Scotland is TriDitorian in doctrine. R¢fomwd in tradition ajul Presb)ryerim in poliry. Jt exi%ts to ￿0[
God and to work for the advan¥¢n￿nt of Chr￿¢,$ Kwgdom throughoui the wodd. As a natio[￿1 Churclu tt
ackDowkdges a distinciive call aThJ duly to brtng tk ordinwKcs of religw)n to the peopk in every parish of Scol]Dnd
Ihrough 2 terrilorial ministry. It COu0￿rateS with other Churches in various ￿umen￿al iw)dies in scot1￿K1 aThl IWTKI.
Worsbw seThices are heid in Canyt*ltowm Parish Church evcry SuTrJay and n￿st of ihesc servKcs are ]cd by the
Minister or Parisb Assistant. Re￿￿ senrictt for parish fvneral4 wtiJdin8S aTJd are alw ￿ld and ¢onllrnwn
¢eiebNed iwice onnually.
The Tr4)le C {fornKr]y Sunday Scbool). Tilly Tot4 Badminton 8￿j Mett%' &iwJm8 Club5 all fortD an pan of ib¢
¢huwb a￿1 ¢ornmunity life.
Aehfievements and Performance
Our Tninister reports that highlights of his y￿r included Chri￿tri￿ pastordl aThl IK>spilal and
Ihe many parish furfftLs he led.
ttend the smryces in the church. AN￿￿nceS at these servKes st¥)w Ihat there i8 a need for and ￿ would
cttcoura8e oiber memkn wkn are io attend thtrch to along to th¢5¢.
We bad E&st¢r a[￿ Cbristmws ¢rd of term s¢rvic¢s in the Church for t￿ prinmry scl4)ols tn calw￿l10wll. Tlw are
speciql occ85ions where we art able to let the children come and put on perfor1￿￿&￿ with readiDgs aDd songs while
introducing them (o ihe Church in a friendty, inforwnal environTncnt.
2ofll

CampbeltOVlD Pydrish Church
Trustees, Annual Report for the year eDded 31 December 2025 (¢onthiued)
A¢hlevements Performrdnce (continued)
We had ecuw£nical engagetiMt$ with all other in ￿ area throu8lK)Ut the >t8r. Rwett&bty. agatil
the Ea￿er FrKlay prayers at Carybeliown cro￿ folbwed by a Pfdjrr walk aNI service ai ibe Episcopal Church were
POtsTly fjiiended aNI we will look again at ]K>W bc5t we Can mhrk F.aAer with oiher ¢hurclw in the area. Following on
from tbe Act of Renyrnbrdr￿e ￿ Campbeltown War Me1M)￿L we had a very well attetNW Service in
OUT church wth All oiher ChrisLi8n churches in the area (except the Salvation Arnryl ¥eprtsented. Our Minisier aThJ
Parksh A￿L￿tan1 are planning a joini Maundy Thur&lay s¢rw¢ in Holy Week this year, to which our frieTKls in other
churehes wJl] ￿ in17t￿l.
lThkr MIni￿er commeths that our Parish Assi¥tant. Me8hann HaEL proven her weight in gold the frnits of I
ministry arc alrcady ev*Jent. Megkn is a grear t￿lp, tsking se￿Ic¢S a￿1 son￿1]n￿S takin8 fijncrab and wa)Er
DWCtin8s. Shc eontiniic5 lo host a Youth Gn)up IJAMI on Friday aftcrnoons aThl h&$ akn startd a wcckly Bblc Study
whJ¢h th¢ New Elall on & Wethie5day rt￿rn￿￿. Meghami also ￿ntinUeS lo run a Praycr Mee¢ing on Thursday
nKsrnings. cwrently m¢rtin8 in our Kirk Street Hall. We encourage rt￿re people toioill these groups.
The Minister kn started 8 Men'5 F¢llowsb¥> group. in Th¢ BuTDgidc Bar on a Friday llxjrning. Thi5 8roup is
aiready v¢ryw¢ll attended aTMI others art ettO￿aged topiD i
Th¢ R¢v¢r¢Dd Pttoyi Themlxka from the Thmas Giikspie MeTh￿rIal Prcsbyteriao Clburch in Mouni Aylift South
Afri￿ will E¢ visiting our churLb ard congftgation from 13 10 19 of April 3tyJ wdl our clwrch on
Sutxlay 19 April. This is part of our ever 8rowing con8rewdtiDnal cxclwnges wilh wwjcr global corrmjniiies.
We pLgn lo start a Worship Group in the coming rnntl￿ coryrising tnernkn wkn be ab]e io help le*1 worsh￿) .
th¢ a￿6e￿e of thc Mini51er or Parish AssKsthnt.
It is noticed thai les5 people are choosing to bave fiJnern]s in the Churc￿ ryeferrillg iL8tead to 11￿ Mtrreb8iO
seites in oiber buildtDgs in the town. This is a tye￿i that noticed across our Presbytery and iT￿ted the rest of
the country. We will conti[￿e lo proiide fimeraLs. wirlyTrui Charge. for all wly> w8Dt th¢nL
Everyone is invited aThl emjmged to keep our Mtllisty aThJ plans IJJ their tkJuBhLS a￿￿ pra)rrs.
Financial Review
The Receipts and Pa￿￿entS Accouni (page 6) reveats an overall ￿er￿tt across all amounting to £12,527 {2024 .
£12.496). 18norin8 the effecis ofiransfers bmween fi]nd& the general fillKI deficit was £13.69012024 . £12.612).
The Reeeipts aThJ PdYtM￿S Account abo slM)ws thai totsl receipts in the year atr*)unted to £131,758. £129,IX)7 of
which related to the g¢n¢ral fvryL tncludes Tth, donatM)DS lour princi￿1 Sour￿ of ongoing general
a￿K)unti[18 to £67,707 (2024 .' £79.047). as sd out ti) note 3.
The don&t10￿5 an&￿iS (note 3} in¢luts tax trujvered on Clift Aid thnations an￿u￿tIng to £IO.R61' this relates to
t]ait￿ for the last quarter of 2024, the frst three quaners of 2025 and the Stnall Gth Ai41 Don8th)￿S Schelrt for the year
to March 2025. The Gift Aid receivabk anK)unt of £2,326 sl￿W￿ on th¢ ￿atEment of ba]aTKeS (page 7) refer5 to the
]aitn for the fO￿th quarter of 2025 {submiued on 27 January 2026).
Tot81 getml fvnd ex￿nd1￿ of £142.697 {2024 .. £157.732) is detaikd in the payirtnts in Mt¢ 4 to the
accounts. When con4)aring levels of expet¥Jitwe, readers of these accounis are Temllbjed ihai tly are prepared on a
'C8sh' b&si5 aTKI 50 direct cOn4)aris0￿ 8Te not alwa￿ meaningfuL Note 5 explai￿ tbat we have not yet paid all our h¢at
aThl ]ight costs for 2025 and the reaso￿5 foT this. In additio￿ whik rq￿tr5 mainlenarKe costs can vary quite
Significantly. tk vast TllaioTity of thL5 ye*s expeT¥Jiiure Tnay rcgarded a5 of a'rcCU￿u￿ / ongorJ8' n8tUT¢.
3ofll

Cgmpbeltown Parish Church
Tryste¢s' A1￿ll&l Report for the year ended 31 DeceDther 2025 (continued)
Financial Review (continued)
As reported Prev￿u9￿. there COTJtinues to be a si8nlf￿ant between on80itt8 gerThl irK0￿* #nd ex￿￿lI￿re.
Whik we ¢10 have substaniial reserve$ 8vai18ble io ¢over new projects and any si8ntf￿allI uwpect¢d ¢0st& we should
aim to cover on8ouJg runllu￿ ¢osts oui of amiual wony. To achi¢¥e ibis. we need to addres$ ihe onBoing I
expenditure imbalance. by incre4sing I￿0￿￿, redu¢ing ext*ryJiture wherewer possible. or sonx ¢otnbinaiion of b)th.
MemF*rs' donatM>rnS ak)ne do TK)t am￿here iiear rI￿lnE our ongoing rnnning costs aThJ. whik sonK mtmFKr5
give get)erou8ty and r¢gutsrty Incre￿ their offerio8$. we respectfillly &sk alL esrrtially thos¢ wl¥) giv¢ knttk or Thjthll
or whose donatK)￿l have Mt inueased frff a long tirne, to review ard increase their offullJ8S towards our on8OiD8
In addition to the balance$ heid wiihtii our varK>US bank and deposti accounts (£181.75]. 2024 .. £191.278). wc
hold substantial Invest￿rnt& with The Chwch of scotL￿￿ Invcstots Tr￿￿. At 31 Dettth 2025. the nwket Vah￿ of
these invcstErmts, was £478.670 (2024 £458.6651.
appe￿I]X to tI￿Se accounts akn SIK)￿ a liabthty to The Chureh of Scot]8￿1 General Tru8te&s wlK> contitwe
io hold fimds on our beh81£ Attention is dra￿ to the 2025 ￿veD￿nts, note at the ￿ttOrn of tbe apperwjix wljich
Reserves Policy
It i8 TnL%tecs' wJlKy to rtser¥cs of apwoxiThtety six eX￿￿11￿C desi￿ fiumls. Ai 31
Decctthr 2025 we ￿k1 ￿n￿&t[iL￿ed fulth of £181,751 (2024 . £194.2781.
Statement of Trustees, RespoDsibilities
of the t￿T￿¢(lo[L$ of ihe Church during the finaTKi81 ￿r. Tr of the Kirk Sess￿A Bre reyTh8Jble for ke¢ping
prow accounling r￿ordS which. on requtst. lthJ5t retlect ihe financvdl wsition of ihe Church at that time. This mu81 be
do￿ lo t￿Ure that ihe financial State￿￿n(S cotryyly with ihe Chariti&s and Truslee lovestnxnt (Scoiiand) Acl ?W5. the
Charitics Accounts (Scotland) R¢guiatM)ns 2(K16 ond thc Regul￿10n$ An¢nt Congregational FinarKe approved by the
Gcncrdl AsseTnbty of the Church of Scotland in 2(M)7. Try #re ALSO re4%Trn51Th1c for Safe￿ing the a￿lS of the
Church musi tske rLXg)nablc steps fi)r t￿ prLyention aThVor det￿lIOn of fra￿1 aThl other inr8ularitKs.
Approved by the Trustees and sis¢wJ on their ￿hlIf.
Jeart Duman. s￿l0n Clerk
Dale
g February 2026
4ofll

Independent Examiner's Report to the Trustees of Campbeltown Parlsh Church
I r¢pon on the accounts of the charity for thc year ¢ndd 31 December 2025 which are set out on pages 6 to 10.
Re5pectli'e respon$lblllttes of trnstees gnd ex*mlDer
The charity'5 trustees ar¢ responsible for the preparation of the accounts in accordance wlth the terms of the
Charities and Tn]slee Investment (Scotland) Act 2005 and the Charities Accounts {Scotland) Regu]alions 21YJ6.
Th¢ ¢hArity tnistees consider that the audit requir¢mcni of Regulation 10(l) Id) of the Accounts R¢gulAtion$ does
not apply. It is my responsibility to examin¢ the a¢¢ounls as required ut)d¢r s¢¢tion 44(1) (¢) of the Act and lo
state whether particular matters have comc to my attcntion.
Basis of independent examiner's stateJDent
An examination is Carried out in accordance with Regulation I l of the Charities Accounts (Scotland) liegulations
20(Tr6. An examtnation include5 a review of the accounting records kept by the charity and a comparison of the
accouDts presell￿d with those records. Il also includes ¢on5ideration of any unusual items or disclosures in the
accounts, and seeks explanations from the trustee5 concerning any such matteT5. The prLKethJres undertaken do
not provid¢ all the evidence that would be required in an audit. and consequently I do not expre&s an audit opinion
OD the view gnven by the a¢¢owhts.
Independellt examiner's 5tatenxnt
In the course of my examination, no matter has ¢ome to my attention
whtch gives me reasonable cause to believe that in any maierial resw the requirements:
lo keep accounting recoTds in accordance with Seciion 44 (Ixa) of the 2￿5 Act and Regulalion 4 of the
21X)6 A¢¢ounts Regulations, and
. to prepare accounts which accord with the accounting record5 and comply with Regulation 9 of the 20
Accounts Regulations have not been meL or
io which, in my opinion, attention should b¢ thawn in order lo enable A prO￿r undetstanding of the accounts
to bc r¢ached.
Margaret K Graham BA CA
Parklcx
Mua8dal
Tarbert
PA29 6XD
Dat¢
I l F¢brugry 2026
Sofll

Campbeltown Parish Church
Reeeipts and Payments Account
Year ended 31 December 2025
CtDerAI
Fund
2025
Deslgn•ted
Tot
2025
Totsl
2024
21125
Receipts
Donatio￿8
67.570
6.505
6,920
20,574
101 J69
137
67.707
6,505
6.920
20,574
JOI,706
79,047
11.396
7.758
18.444
116.645
L¢gacies
Bank & Dcp05il Èntertst
137
Rent81 of premi
19.328
5.399
2.619
19.328
5,399
2.619
2,706
131,758
17.408
6.094
5,8(K)
1.781
147.728
Weddings & fimera]s
Other income
Total Recelpts
2.614
2,751
129,007
Payments
Costs of generatu￿
Charitabk aetivities
12
122
I￿.(￿)2
142.476
1.588
144,1
Govern￿¢¢ cosis
Total Payments
142,697
1.588
144.285
160.224
(Deficit)15urplus for the year
(13.69D)
(12.52TI
(11496)
6ofll

Campbeltown Parish Church
Statement of Balances
At 31 December 2025
Gentral
Designated
FuDd$
Fund
Totsl
Totsl
2024
2•25
2025
2025
B￿k & Deposfit Balances
Bank & 4J¢posii bal8￿￿5
155.047
39231
194278
2￿774
Mov¢m¢nt In year:
ID¢ficil} l $ry*lus for the year
Tr4]ksf¢
{13.090)
2,055
1.103
{2,0551
112J271
(11496)
Bank & de￿it ba]att¢¢s
144.012
37.739
181.751
194.278
Investments at n￿rket value
[￿Ks1 £353.734)
478.670
478.670
458.665
Ayset8
Gift receivable
Li5tsJ PL4ccs of Worsbip Grallt rtteivabte
2.326
2J26
2J56
807
The accounts were apprnv￿ by the Kirk Session on 9 February 2026 and signed on its behaifby:
Jean D￿rna￿ S¢ssion Cled
AIAstsir Dobbie, Treasurer
7ofll

Campbeltown Parish Church
Notes to the Accounts for the year ended 31 December 2025
l Trnstet Remwner8tlon and Retsted Party TTAnsactloTrs
During ihc )rar. one trustee {the Ministcr}. received reimb4wsemm of expenses (including tsavel com council tax
#nd internet / telephone) amounting to £5,171. Two other trustees. Dairyd Armour (groundsmanl and Donald Gillies
(painter and de¢oTa￿} received Pa￿lnents totalling £3,777 for s¢rvi¢¢s rend¢r¢d ty th¢ Congre￿4¢70￿.
2 MovemettLS In Fwids
l*ll unrestrl¢l¢dl
AIIJAL
2925
At31 Dtt
2•25
Getttr*( [#
155.047
129,IK)7
142M7
1655
144.012
D*D*¢ed fvnds
F8bTi¢
Bad￿[￿Ett￿ Club
Fri￿dth￿ Guild futsl
MfB's BowiiD8Club
TinyTots
Triplcc fwyj
Totsl funits
31.872
31.872
465
263
{150)
{1.7551
1.755
2.198
1.463
1.045
181.751
1.079
1,726
137
131,757
74*
It￿)
194,278
144284
Pury)oses of Funds
GAetal Ojlld.. ftsrthyttrday(yotiotssof the chwtlt
Ikni8]J81ed Fabri¢ fjjnd.. fr¢maint¢naJK¢ •tyJ r¢st¢rntioL of the pll
D¢siwt¢d 88troint(KLClub.. fry th¢¢lvb'5 ODgoing ¢)pryati
DeSi￿tal MCD'S BowLiD8Club.. f(Kthe club's oDgoing (ya*i(XL
DI51￿1￿[TinY Tots fi￿d.. foT the uptyation ofTTnyTots If(Athy MoLIKT& T(wMltrGrtwl
Desi￿l￿Tripl¢c fioKI.. f(Y tk O￿lI￿n ofTripkC Ir(ryly SthySchod}
3 Atratysls of Dott4don$
Gevr•l
Ftynd
T￿1
2025
T•tsl
2025
2•25
2024
WFO&knlrthGiftAidl
Oift Aid Dowtons
RI￿ve￿I on Gift Aid t%)n￿l
OrdiDBry OtrLYitw {Ow Pla*)
OthwOfferiD84 DoL8tLODS etc
7.975
34,576
10,861
I2.￿3
1255
67.57U
7.975
34.576
10,861
12.W3
lJ92
67.707
10.159
34.820
18,327
13.635
2.106
79,047
137
1.17
8ofll

Campbeltown Parish Church
Notes to the Accounts for the year ended 31 December 2025 (contlnued)
4 A￿￿ty￿S of Payments
Tol•1
Totsl
2•
2025
2025
Coyts of generallng
Offerin8 envelopes
122
Charftable 8etlYltle5
ivin¥to fjtQW CODtiibuti(
Pr¢$bfftd￿$
MiDi$tgr's rAp￿Se5
Parish &$5l5tanl'5 expa￿
& pulpit supply
Stsff c(Ks
F&b¥i¢repaiYs & rninienatxx
El￿*￿¢1tyuPgr•kpYDjtt1 ftts
Council T&
49.059
1.548
3.638
529
SI.￿4
3,638
529
4,049
16,072
44.895
16,072
44.895
15.982
45.818
5,(KJ2
1333
757
lJ33
757
Water rlltes
He￿ aThl li8hi I￿￿e 5)
Tdq>hone&
15.893
727
295
295
8.￿$
399
322
554
8J27
953
2J37
403
7.979
1.082
2293
484
ClwiinE & c4tL7in8wpliL
Prints￿ pw8¢
Adv•wsitt8
2237
403
290
422
980
1.402
144.064
3.926
160,Th)2
142.476
1.5%8
Covernanee eosts
5 H¢At and Ilght
We have had ongoing aecount nwia8ement i&ques with two el¢ctri¢ity accounts and one gas account for well over a
ar. Despits re￿rtIng this many times. our supplket5 dtd not see￿ to Ke urgency in soning the issues and so. ill
an effort lo encourage them to expedite matters, we stopped making payments on these acwunts ID th¢ rniddle of 2025.
It is difficuli ￿ be prKise about the amount we siill owe for 2025, alld we bave also &%ked for substsntial financial
compensation in light of the suppliefs poor perfornwice and the very sigtiifi¢ant amount of time we have spent tytn8
to get this wrted. Hopefidly thib. m2iÈer will be resolved vw 500n and thc rcquwed Pa￿neD1 will be included within the
acrowits for 2026.
6 Mlniiter's Stipend
All ChuTeh of Scotland COn￿￿tionS ¢ontributs to the National Stipend Fund which bears the costs of all Tninis¢ffls'
stipends and ¢mplo)EV5 contributio￿$ for national insurance. pension and ho￿1￿8 and loan fi￿d. Ministers, stipends
are paid in aLcordan¢e with the national stipend scale which 15 relat¢d to yYaT5 of service. For the )rar revicw.
the minimum stipend was £32.433 and the Tnaximurn stip¢nd (in fillh and subsequent )raYs) was £39.856.
9ofll

C*mpbeltown Parfsh Church
Notes to the Accounts for the year ended 31 December 2025 {tontiDued)
7 Staff costs
2025
2•24
16.072
t5,892
Campbeltown Parish Church directly emplo￿ a hall-keeper and cleaner, both on a part4ime basis. We also engage the
s¢tvices of five organists and a grounds￿. The costs of au of these are i￿luded abo
8 Volunteers
In common with all congrcgations of Thc ChU￿b of Scotland. the cOn￿gation b¢ncfJts from th¢ contribution madc by
voluntc¢r5 who willirtgly give their time and talents for the benefit of the Church. Tr arw of ¢ODgregational life
which rely on the contribution of volunteers 8tE many and varied and mucb of the activity would bc unablc to Continue
w¢r¢ it no¢ forthe eommittnent shown.
9 Colltetlons for Tblrd Partles
2•24
PoppYSc￿•nd
Wortd DayofPra)
Shopper Ai
Motsatorfs Chall
242
75
676
317
967
Ioofll

Campbeltown Parish Church
Year ended 31 Detember 2025
APPENDIX
Funds beld on beknlf of tbe Congreg*tioll by The Churth of S¢o¢l*nd Ge#tr*l Trustees
2025
2024
CoD$olldxted Fabr1¢ Fund- ¢apit*l *¢coMnt
Balan¢¢ at 31 December- cost
Balance at 31 Deccmber- market value
258,946
Consolidated Fabric FuDd- revenue *tCOUDt
Balance at 31 December
16.344
8,637
CoDsolid*ted Fabr1¢ Fund- temporary funds
Balao¢e ai 31 De¢¢JJ)ber
(185.784)
1201
2025 moj'ements
Title to land and buildings (including manses) are held by The Generdl Tnste¢s and so th￿ assets are not
included within our Con￿gatiOn,5 accounts.
A new manse was purchased in 2025 and this ts the main tra1￿CtIO0 reflected in the movements in the aknve
a¢cowits. The pur¢h&se was financed from the futtds h¢ld for the COn￿￿￿tIon within the tbe Consolidat¢d
FabTi¢ Fund {fFFJ - along with o fi￿rth￿ advanc¢ from The General T￿￿tees. The amount now OW￿ to the
Gcncral Tru5tCC5 will be rcpaid from the proceed5 of the sale of the fornier nw)se, with thc resulting 5urpIus
held within the CFF as before. Other transactions within the CFF in the year included 8 £6.5K gain otL the sale
of investments along with interest and dividend income amounting to abwt £7.7K.
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