2025-08-31-accounts - St Mary's Scottish Episcopal Church: Arbroath

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St Mary’s Scottish Episcopal Church Arbroath Known as The Church of St Mary the Virgin

Charity Number SC002602

Unaudited Financial Statements For the Year Ended 31 August 2025

St Mary’s Scottish Episcopal Church Arbroath

Charity Number SC002602

Trustees (Vestry) report for the year ended 31 August 2025

The trustees present their report with the financial statements of the charity for the year ended 31° of August 2025.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number $C002602

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St Mary’s Scottish Episcopal Church Arbroath

Charity Number SC002602 Trustees report for the year ended 31 August 2025

Independent Examiner

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STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

St Mary’s Scottish Episcopal Church Arbroath is an unincorporated association formed on 22 November 1934. Its parent charity is The General Synod of The Scottish Episcopal Church Charity Number SC015962. St Mary’s is a recognised Scottish Charity for the purposes of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The Church is governed by its Constitution which may only be altered by a Resolution passed at a special meeting of the constituent members of the Congregation by a majority of two-thirds of those present and voting, confirmed at a special meeting held not sooner than one nor later than three calendar months thereafter by a simple majority of those present and voting, and afterwards assented to in writing by the Bishop.

Recruitment and appointment of trustees

Trustees are elected at the Annual General Meeting usually held at the end of November each year. Trustees who are ordinary members of the Vestry are nominated and seconded by two communicant members of the congregation. They are elected for a period of three years on a rolling basis of two per year. The Treasurer and Secretary are appointed by the Vestry on an annual basis. The Treasurer and Secretary are not required to be members of the Vestry. Casual vacancies in Vestry membership occurring between Annual Meetings may be filled by the Vestry until the next Annual Meeting of the Congregation.

Management

The day to day affairs of the charity are administered by the Rector assisted by the Vestry. The Bishop has pastoral oversight of all congregations within the diocese and all congregations are subject to Canon Law of the Scottish Episcopal Church.

St Mary’s Scottish Episcopal Church Arbroath

Charity Number SC002602

Trustees report for the year ended 31 August 2025

OBJECTIVES AND ACTIVITIES

The charity’s principal objectives are exclusively charitable, primarily for the advancement of religion and to provide public benefit. These include:

To proclaim the good news of the kingdom
To teach, baptise and nurture new and existing believers
To respond to human need by loving service
To seek to transform the unjust structures of society
To strive to safeguard the integrity of creation and renew the life of the earth.

ACHIEVEMENT AND PERFORMANCE Charitable activities

During the year we met our objectives by:

Providing regular public worship open to all.
Providing sacred space for prayer and contemplation and helping people who have asked for assistance.
Making our services more accessible to those with a faith and those without.
Pastoral work including visiting the sick, bereaved and elderly residents in our town.
Promoting the mission of the Church through the provision of activities and events open to all free of charge.
Supporting other charities, this year charities we supported included CHAS, Angus Women’s Aid, Dundee - Nablus Twinning Association and Dementia Scotland.
We ran a Lent teaching course this year for those interested in exploring the Christian Creeds, particularly the Nicene and Apostles creeds.
Promotion of Christianity through the staging of events, meetings and distribution of literature.
Engaging with our local ecumenical partners.
We continue to support those in need in the town, by having volunteers at “Warm Spaces” and donating to local foodbanks.

St Mary’s Scottish Episcopal Church Arbroath

Charity Number SC002602

Trustees report for the year ended 31 August 2025

FINANCIAL REVIEW

The Church incurred a surplus on a receipts and payments basis of £9,204 for the year (2024 – £411). This surplus is due to bequests received during the year of £18,187 (2024 - £500).

RESERVES POLICY

The trustee’s policy is to endeavour to build up reserves to allow the Church to continue to meet its objectives.

Cash Reserves at the year-end amounted to £26,586 (2024 - £17,382).

PLANS FOR FUTURE PERIODS

The trustees intend to continue the work of the Church for the benefit of the community.

CONCLUSION

The Vestry wishes to thank all members of the Congregation who help in so many ways in carrying out the work of the Church, without whom nothing would be possible.

Approved by the trustees on and signed on their behalf by:

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Secretary

30 November 2025

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF ST MARY’S SCOTTISH EPISCOPAL CHURCH ARBROATH

I report on the accounts of the charity for the year ended 31 August 2025 which is set out on pages 6 to 10.

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) 2005 Act and the Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10(1) (d) 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 by the accounts.

INDEPENDENT EXAMINER’S STATEMENT

In the course of my examination, no matter has come to my attention.

which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and
to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations.

have not been met, or

to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

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30 November 2025

St Mary’s Scottish Episcopal Church Arbroath

Charity Number SC002602

Statement of Receipts and Payments For the Year Ended 31 August 2025

Notes Receipts Donations 3 Grants 4 Interest received Other charitable activities 5 *Total receipts* Payments Payments relating directly to charitable activities 6 Governance costs: Independent examination *Total payments* *Net receipts / (payments)* Transfers to / (from) funds Surplus / (deficit) for year	Unrestricted funds £ 56,591 21,199 269 8,634 86,693 76,889 600 77,489 9,204 - 9,204	Restricted funds £ - - - - - - - - - - -	Total funds 2025 £ 56,591 21,199 269 8,634 86,693 76,889 600 77,489 9,204 - 9,204	Total funds 2024 £ 44,383 17,056 239 8,271
				69,949 68,938 600
				69,538
				411 -
				411

The Notes on pages 8 to 10 form an integral part of these accounts

St Mary’s Scottish Episcopal Church Arbroath

Charity Number SC002602

Statement of Balances

As at 31 August 2025

		Unrestricted funds	Unrestricted funds	Restricted funds	Total	Total
					2025	2024
		£		£	£	£
Cash and bank balances
Bank bal t start ank balancesat start of	of year		17,382	_	17,382	16,971
Surplus / (deficit) shown payments account	on receipts and		9,204	°	9,204	411
Cashandbankbalances atend ofyear			26,586	:	26,586	17,382
Otherassets					Valuation	Valuation
Heritable Property					£	£
Church,hallandrectory

The heritable property is in the form of a Feu and is vested in the Vestry as trustees. The trustees are unable to accurately value this property due to the integrated nature of the buildings and the current state of repair.

The Notes on pages 8 to 10 form an integral part of these accounts

Approved by the trustees and signed on their behalf by:

Treasurer

30 November 2025

St Mary’s Scottish Episcopal Church Arbroath

Charity Number SC002602 Notes to the Unaudited Financial Statements For the Year Ended 31 August 2025

1. BASIS OF ACCOUNTING

These accounts have been prepared on the Receipts & Payments basis in accordance with the Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).

2. TRUSTEES’ REMUNERATION AND BENEFITS

The Rector receives remuneration, benefits and reimbursement of expenses in line with scales determined by the General Synod of the Scottish Episcopal Church. During the year the Rectors remuneration amounted to £33,331 (2024 - £32,199, Pension contributions £8,573 (2024 - £10,366) and expenses reimbursed £1,313 (2024 - £2,032). There were no other trustees’ remuneration, expenses or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024.

St Mary’s Scottish Episcopal Church Arbroath

Charity Number SC002602 Notes to the Unaudited Financial Statements For the Year Ended 31 August 2025

Unrestricted funds £ 3. Donations Collection plate 4,903 Standing orders 21,245 Income Tax Reclaimed on Gift Aid 6,283 Bequests 18,187 Other Donations 5,511 Funerals and weddings 462 56,591 Stipend from Diocese 16,199 Diocesan Grant AV Grant 5,000 21,199 Campus letting income 2,400 Bank compensation 100 Energy Repayment 2,135 Recharge Income 3,999 8,634 Diocesan Quota 5,686 Clergy Stipend & NI 33,331 Pension costs 8,573 Clergy expenses 1,313 Church supplies 428 Council tax (rectory) 3,518 Insurance 6,238 Gas & Electricity 7,080 Outreach events 260 Repairs & Maintenance 2,052 Postage, Stationery & advertising 1,274 Software 147 AV Equipment 5,076 Charitable giving 1,910 76,889 6. Payments relating directly to charitable activities 5. Gross receipts from other charitable activities 4. Grants	Restricted funds £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Total 2025 £ 4,903 21,245 6,283 18,187 5,511 462 56,591 16,199 - 5,000 21,199 2,400 100 2,135 3,999 8,634 5,686 33,331 8,573 1,313 428 3,518 6,238 7,080 260 2,052 1,274 147 5,076 1,910 76,889	Total 2024 £ 4,055 21,020 14,321 500 4,487 -
			44,383 16,008 1,048 -
			17,056 2,715 300 1,860 3,396
			8,271 5,166 32,199 10,366 2,032 104 2,606 6,241 5,346 162 2,221 1,102 - - 1,393
			68,938

St Mary’s Scottish Episcopal Church Arbroath

Charity Number SC002602 Notes to the Unaudited Financial Statements For the Year Ended 31 August 2025

7. Unrestricted funds

Receipts Donations Grants Interest received Other charitable activities *Total receipts* Payments Payments relating directly to charitable activities Governance costs: Independent examination *Total payments* *Net receipts / (payments)* Transfers to / (from) funds *Surplus / (deficit) for year*	General Fund £ 56,591 21,199 269 8,634 86,693 76,889 600 77,489 9,203 - 9,203	Spire & Roof Renovation Fund £ - - - - - - - - - - -	Total 2025 £ 56,591 21,199 269 8,634 86,693 76,889 600 77,489 9,203 - 9,203	Total 2024 £ 44,383 17,056 239 8,271
				69,949 68,938 600
				69,538
				411 -
				411