## **UPPER CABRACH CHURCH TRUST** 

_(Registered Charity Number SC002705)_ 

## **ANNUAL REPORT & ACCOUNTS** 

## **PERIOD ENDED 30 APRIL 2025** 

1. Charity Information 

2. Trustee's Report 

3. - 4. Financial Statements 

5. Independent Examiner's Report on Accounts 

## **UPPER CABRACH CHURCH TRUST** 

_(Registered Charity Number SC002705)_ 

## **Charity Information** 

## **The trustees who served during the year were:** 

Grant Gordon OBE, Chair Derek McBain Martin Sheed Deborah Smith 

## **Secretary** 

Derek McBain 

## **Activities of the Trust** 

The preservation and maintenance of The Upper Cabrach Church 

## **Principal Address:** 

Upper Cabrach Church Cabrach AB54 4HQ Moray 

## **Registered Address:** 

Inverharroch Cabrach AB54 4EU Moray 

## **Bankers:** 

The Royal Bank of Scotland 36 St. Andrew's Square Edinburgh EH2 2YB 

## **UPPER CABRACH CHURCH TRUST** 

_(Registered Charity Number SC002705)_ 

## **Trustee's Report for the period ending 30th April 2025** 

The purpose of the Trust is to preserve the Cabrach Church in good condition and to prevent it, as far as possible, from falling into disrepair. The building has remained in a good state, with regular maintenance carried out, as required. 

Capital works related to the renovation of the car park, and improving related amenities including access to the Church, were completed. 

In terms of usage of the Church the annual summer service took place as customary on the third Sunday in August and was well attended. 

Regarding finance, the Trust continued to retain a good level of unrestricted reserves. 

Grant Gordon OBE, Chair March 2026 

**The Upper Cabrach Church Trust** 

## **Accounts for the Year Ending 30th April 2025** 

|||**12 months to 30 April 2025**|**12 months to 30 April 2025**|**12 months to 30 April 2025**|**12 months to 30 April 2024**|**12 months to 30 April 2024**|**12 months to 30 April 2024**|
|---|---|---|---|---|---|---|---|
|**Income Statement**||||||||
|||**Unrestricted**|**Restricted**|**TOTAL**|**Unrestricted**|**Restricted**|**TOTAL**|
|**Income**||||||||
|Donations|1|543.42||**543.42**|1,488.42||**1,488.42**|
|Bank Interest||||**0.00**|303.44||**303.44**|
|Bank Compensation||||**0.00**|||**0.00**|
|Foundation Scotland|3||5,421.62|**5,421.62**|||**0.00**|
|**TOTAL INCOME**||**543.42**|**5,421.62**|**5,965.04**|**1,791.86**|**0.00**|**1,791.86**|
|**Expenditure**||||||||
|Repair Costs|4|1,154.00||**1,154.00**|||**0.00**|
|Other Costs||||**0.00**||660.00|**660.00**|
|Car Park and Utilities Installation||5,683.99|12,588.47|**18,272.46**|||**0.00**|
|Building Works||||**0.00**||19,199.03|**19,199.03**|
|**TOTAL EXPENDITURE**||**6,837.99**|**12,588.47**|**19,426.46**|**0.00**|**19,859.03**|**19,859.03**|
|**EXCESS OF INCOME OVER EXPENDITURE**||**(6,294.57)**|**(7,166.85)**|**(13,461.42)**|**1,791.86**|**(19,859.03)**|**(18,067.17)**|



Grant E Gordon - Chairman 

## **Note:** 

- 1 All fund raising costs are donated to the Trust free of charge and of free will. 

- 2 There are no administrative expenses charged. 

- 3 Restricted funding was secured from Foundation Scotland in 2022 relating to building and landscaping improvements to The Upper Cabrach Church including car park improvements, accessibility upgrades and the connection of electricity supply to the property. The final instalment was drawn down in 2024/25. 

- 4 Repair Costs include refurbishment of the Church Bell, preservation maintenance to the windows and repairs to roof slates and mortar. 

**The Upper Cabrach Church Trust** 

## **Accounts for the Year Ending 30th April 2025** 

|||**as at 30 April 2025**|**as at 30 April 2025**||**as at 30 April 2024**|**as at 30 April 2024**||
|---|---|---|---|---|---|---|---|
|**Balance Sheet**||||||||
|||**Unrestricted**|**Restricted**|**TOTAL**|**Unrestricted**|**Restricted**|**TOTAL**|
|**Assets**||||||||
|Cash||13,785.07|0.00|**13,785.07**|20,079.64|7,166.85|**27,246.49**|
|Bond||||**0.00**|0.00|0.00|**0.00**|
|Interest Receivable||||**0.00**|0.00|0.00|**0.00**|
|||**13,785.07**|**0.00**|**13,785.07**|**20,079.64**|**7,166.85**|**27,246.49**|
|**Liabilities**||||||||
|Accounts Payable|||0.00|**0.00**|0.00|0.00|**0.00**|
|Opening Funds|2|20,079.64|7,166.85|**27,246.49**|18,287.78|27,025.88|**45,313.66**|
|Surplus / (Deficit) for the Year|1|(6,294.57)|(7,166.85)|**(13,461.42)**|1,791.86|(19,859.03)|**(18,067.17)**|
|**Closing Funds**||**13,785.07**|**0.00**|**13,785.07**|**20,079.64**|**7,166.85**|**27,246.49**|



Grant E Gordon - Chairman 

## **Note:** 

- 1 Restricted funds for upgrade works to The Upper Cabrach Church including the outdoor space upgrades and utilities connections to the building are now exhausted. 

- 2 Opening Funds represents the Net of Cash and Liabilities from previous year. 

## **Independent examiner's report on the accounts** 

## **Report to the trustees/members of** 

Charity name 

## **The Upper Cabrach Church Trust** 

|**trustees/members of**|**The Upper Cabrach Church Trust**|
|---|---|
|**Registered charity**<br>**number**|**SC002705**|
|**On the accounts of**|**Period start date**<br>**Period end date**|
|**the charity for the**|**Day**<br>**Month**<br>**Year**<br>**Day**<br>**Month**<br>**Year**|
||**01**<br>**May**<br>**2024**<br>**to**<br>**30**<br>**April**<br>**2025**|
|**Set out on pages**|**4 - 5**|
|||
|**Respective**<br>**responsibilities of**<br>**trustees and**<br>**examiner**|The charity's trustees are responsible for preparation of the accounts in accordance with the terms of<br>Charities and Trustee Investment (Scotland) 2005 Act and the Charities Accounts (Scotland) Regulations<br>2006. The charity trustees consider that the requirement of Regulation 10(1)(d) of the Accounts Regulations<br>does not apply. It is my responsibility to examine the accounts as required under Section 44(1) (c) of the Act<br>and to state whether particular matters have come to my attention.|
|**Basis of Independent**<br>**Examiner's Statement**|My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland)<br>Regulations 2006. An examination includes a review of the accounting records kept by the charity and a<br>comparison of the accounts presented with those records. It also includes consideration of any unusual<br>items or disclosures in the accounts and seeks explanations from the trustees concerning any such<br>matters. The procedures undertaken do not provide all the evidence that would be required in an audit and,<br>consequently, I do not express an audit opinion on the accounts.|
|**Independent**<br>**Examiner's Statement**|In the course of my examination, no matter has come to my attention<br>1. which gives me reasonable cause to believe that in any material respect the requirements:<br>- to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and Regulation 4 of the<br>2006 Accounts Regulations, and<br>- to prepare accounts which accord with the accounting records and comply regulation 9 of the 2006<br>Accounts Regulations<br>have not been met<br>2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the<br>accounts to be reached.|
|**Signed:**|**Date:**<br>13th March 2026|



**Name:** Craig M. Buchan **Relevant professional** CGMA **qualification(s) or body (if any):** 

**Address:** Inverairn, Stephen Avenue, Dufftown, Keith, Banffshire. AB55 4BH