Charity Reference Number: SC003109 RY, H BIRNAM D NKEL ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
Charity Reference Number: SC003109 Current Reverend Tina Minett Stevens (Appointed 17 February 2026) Susan Ogg Adrian Fr¢¢r Charlie Cox Andrew Paterson Ann Sirachan Jan Lidbetter (Appoint¢d 24 March 2025) Resignations during the year Reverend Lesley-Ann Craddock (Retired l July 2025) Irene Manly (R¢stgn¢d 23 March 2025) Ann Steuart Fothringham (Resigned 23 March 2025) TREASURER Charlie Cox Alexander J Fyfe, M.A.A.T., C.A., DChA. Member of the Institute of Chartered Accountants of Scotland Morris & Young Chartered Accountants 6 Atholl Crescent Perth, PHI 5JN Bank of Scotland High Street Dunkeld, PH8 OAL RBC Brewin Dolphin Sixth Floor Atria Building 144 Morrison Street Edinburgh, EH3 8BR St Mary's Church Perth Road Birnam. PH8 OJB As Above
ST MARY'S EPISCOPAL CHURCH REPORT OF THE VESTRY FOR YEAR ENDED 30 SEYfEMBER 2025 l. The members of the Vestry present their annual report together with the financial stalement5 for the year ended 30 September 2025. 2. Structure And Governance. In tern]s of the Charities and Trustee Investment (Scotland) Aci 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amcnded), the Vestry reports to the congregation as follows.. l. Si Mary's Episcopal Church- Dunkeld is a registered Scottish Charity (SC003109). 2. 11 is a member of the Diocese of St Andrew, Dunkeld and Dunblane of th¢ Scottish EpisLopal Church and is in full communion wilh the Anglican Church. 3. The superior authority is the Bishop of St Andrews. Dunkeld and Dunblane. 4. All of its affairs are governed by the Vestry. 3. Appointment of Vestry Members. Vestry members are elected or appointed by the communic41nt members of the Church at the Annual General Meeting. established by consiitulion and under Canon Law of Ihe Scollish Episcopal Church. There is no fomal induclion progiramme but ongoing guidance is given lo ensure ihat V¢stry members are familiar wilh the Church's values, airns and responsibilities as the designated truslees of a charity. The Rector is ex officio a member of the Vestry and chairs Vestry meetings. 4. Administrative Struelure. It is the duty of the Vestry lo manage the temporal affairs of the congregation with responsibility to keep the fabric and property of the church and other buildings in good working order and to look after the finances of the church. 5. Statement of Risk. The Vestry keeps under review the major risks to which the church is exposed and has established procedures to miligate any risks identified: a. Financial.. A budget for the sustainable employment of a part time priest (0.363 of a stipend at present) ha5 been in operation since March 2020. This is to change wefFebruary 2026 when a new rector arrives on 0.5 stipend. b. Health & Safety: Servicing of fire equipment. the clock, the organ and the boiler have been undertaken. The boiler wa5 replaced in November 2024. c. Buildings.. Following the Quinqucnnial review (2021) continuing remedial work on the building is planned for 2026. The next quinquennial review is due in calendar 2026. d. Governance: The vestry has not undertaken any training during the financial year but will consider and arrange as necessary. 6. Charitable Objectives and Activities. The Church's principal activities include public worship in sacrament and prayer, pastoral care olthe congregation, Christian education and outreach in the community. 7. Volunteers. The Vestry is grateful for the time freely given by a large number of volunteers, without whom many of the Church's activities would be unable to operate.
- Vestry Membership. At the 2025 AGM Irene Manly and Ann Steuart Foihringham resigned from the Vestry (see Page l ).
- Financial Review. a. Sii end.. Rev Craddock's stipend remained at 0.363 until her retiral in July 2025. b. Cado an Famil .. During the year St Mary's received a grant from the Cadogan Trust of £25,000 (unrestricted). Churches Charli Sho period. St Mary's received £15,000 during this reporting d. Church Fabric.. The major item of expenditure during the year was for a new boiler costing £16.790. Additional ilems included.. Oulside lights: £320 ii. Food shelter: £1,536 iii. New dishwasher.. £534 iv. Adv¢rtisement for a n¢w r¢¢tor'. £923
- A¢hiev¢m¢n¢s and Performance. Si Mary'5 conducls a full programme of church mission activities comprising visiting musicians at monthly church services: a monthly concert for ihe parish's clderly citizens which embrac¢s many of ihe Servite home residents as well as those from the local care home. Si Mary's is very much part of the community and Sl Mary'5 congregFation continues lo contribute substantially to the volunleers of Ihe 3 Churches Charity Shop. Thanks to the etTorts of a number of the congregation St Mary's arrangcd a highly successlul 'Snowdrop' sale on l March 2025, raising £862. I l. Plan$ for Future Periods. The continuing development of 'church mission, 15 the primary focus of Sl Mary's as it expands its reach into thc community. Post Sunday church service coffee remains an important aspect of Si Mary's pastoral contribution towards its congregalion. In the summer months Si Mary's hosts the ' Meeting Place.. a weekly coffee morning for the local community. This year this raised £477.
- Reserves Poliey. The vestry considers St Mary's finances are on a reasonably stable footing tor the immediale future. This has been made possible by legacies and grants to support mission and the upkeep of church buildings a5 well as a conlribution towards revenue funding. The church has an investment portfolio managed by Brewin Dolphin which on 30 September 2025 was valued at £487,673 (2024 - £457,861).
- Statement of th¢ Vestry M¢mbers' Responsibilities. The members of the Vestry are responsible for preparing the Trn5tec5'Annual Report and the financial stat¢ments in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to cbarities requires the trustees to prep8re financial statements for each financial 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 ckwity for that period. In preparing tbese flllancial statements, the tjustees are required to: select suitsble accounting poh'cies and theu apply them consistently. observe the methods and principles in the Clwities SORP: I[ke JudgeJnents aDd estimates that are reasonable and Prudent. state whether applicable accounting stalldd$ have been followed, subject to any material depamjres th'sclosed and explamed in the finarLcial 5taiements' prepare the financial statements on the going ¢on¢ern bdSiS unless it is inappropria* to ptesume that the clwity will continue in business. The Trustees are responsible for keeping PToper accouutillg records that disclose with reasonable accuwy at any time the financial positt.on of the charity aud enable them to ensure that the financial statements comply with the Chan'ties al TThtee tni'estment (Swtland) Act 2005, the Charities AOUnt$ (Scotland) Regulations 2006 (as aniended) and the prosisions of the Constitution. The trust¢es are also responsible for safeguarding th¢ assets of the cPwity and hence for taking reasonable steps for the preVtiOn and detection of fraud and other iegulaTIftes. Oll behalf of the Vesty Adrian Freer Secrelary l March 2026
ST MARY'S EPISCOPAL CHURCH, BIRNAM, DUNKELD RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 2025 Un8tri£ted nds 2025 R¢stri¢t¢d funds 2025 To¢41 funds 2024 Tot#1 fund5 Notes RECEIFrs Congregalicmal gNtiig DonatK)ns & ga¢S Fundraisllig frants Tax re¢]allned (Gift A41} Dwwjeryj income Bank u)t¢resi Slmdry llKOtr 13,128 42,880 13,128 42180 13,425 283,078 1,400 13230 11,459 20 11,459 214 11,638 342 194 TOTAL RECEIFrs 60,556 11,479 72,034 321,713 PAYMENTS Clergy expenses Re¢t(¥y exnseS DeSan quota Church eXnseS s en5¢S Investment tnanaB¢ment C05ts )vernanc¢ ¢0sts To*al payments fi)r chAritable 8Ctivities 14.747 1194 4.680 28.979 14,747 2.194 4,680 40,438 648 17212 2.139 5.024 30J59 445 2.671 11,459 52,569 11,459 64.027 59.050 DonatK)nS to (ther chartiies 300 P#yment$ relitijbg to A$$et Jnovejnents Rectory refwbishmeni Purchase of investments 75,836 150514 TOTAL PA YM ENTS 285 4011 NET (PA YMENTS)IRECEivrs 7,687 20 7.707 36.313 TRANSFER TOIIFROM) FUNDS SURPLUSI{DEFICIT) FOR THE YEAR
ST hfARY'S EPISCOPAL CHURC& BIRNATrL DVI¥KELD SUMMARY OF FUNDS 2025 2025 2025 2024 Uwestiicted Restiicted Totsl Totsl fim(ts fid$ fitnds funds CASH FUNDS 52J9l 2291 54,682 18J69 Net ReceiptsI(Paents) for the year Closkng balallee ASSETS RETAINED FOR THE CHARITYS OWN USE LLYD & BUILDINGS St Matys Rectory, St Matys Roa4 Bitnam INVEStMENT ASSETS Brewin DO] Inv¢stnKnts TOTAL ASSETS Approved by the Vesty and signed on their behalf by Charl¢s Cox Adrian Freer Treasurei Secretary Dat¢.' 8 March 2026 Date.. 8 ,ch 2026
ST MARY'S EPISCOPAL CHURCH, BIRNAM, DUNKELD NOTES TO THE ACCOUNTS ACCOUNTING POLICIES The a¢¢oynls have been prepared on a receipts and payments basis. No adjustments have been made for income due bul not yet rcceived, nor for any expenses InCued but nol yet paid ai the end of the accounting year. The Church and Rectory are not shown in these a¢¢ounts bul are held in the name of ihe Dio¢esan trustees. Maintenanc¢ ¢ost5 are written off as incurred. These accounts are presented on a receipts and payments basis as 8ross income for the year was less than £250.000. Last year's Accounts were prepar¢d on an accruals basis as gross income was over £250,000. 2023124 comparatives have been re-ststed on a receipts and payinents basis. FUNDS All r¢c¢ipts and payments detailed below are unrestricted unless otherwise staled. CONGREGATIONAL GIVING 2025 2024 Pledged Givin8 Open Plale Oiher 7,542 6,660 5,586 5,565 13 128 13 42 DONATIONS & LEGACIES 2025 2025 Unrestricted Restrieted 2025 Total 2024 Total 3 Chu¢$ Charity Shop Legacies t)onations 15,000 15,000 13,000 270,078 42 CLERGY EXPENSES 2025 2024 Stipend and National Insurance Telephone, travel and other expenses Locum eosts Other costs 10,982 2,106 1,659 14,369 2,090 753 17
2025 2025 Unrestrieled Restrieted 2025 Total 2024 Total RECTORY EXPENSES Council Tax Insurance UtilitEs AheratM)ns and maini¢nanc¢ 1.507 634 53 1.507 634 53 1.568 571 2025 2025 Unreslricted Restricted 2025 Total 2024 Total CHURCH EXPENSES In8urance 6292 6292 3,176 24,702 lJ85 3264 5.163 6,562 10,114 2.757 2,874 3,176 21.154 1385 3264 neral Matenance & SUpp]S Gar(knnig and ckaning Mu8 misSn 3,548 2025 2025 UnStriCted Restricted 2025 Total 2024 Total SUNDRY EXPENSES Expenses 648 648 648 648 445
DONATIONS TO OTHER CHARITIES A donation of £300 wa5 made to Refuel Feslival. a charity that organises all-ag¢ family-friendly Christian festivals. 10 INVESTMENT PORTFOLIO The Vestry have appointed RBC Brewin Dolphin as a discretionary manager for an investment portfolio for St Mary's. This investment portfolio comprises restricted funds received as legacies. These monies are restri¢t¢d to use for the fabric of the Church and mission purpos¢s. At th¢ ¢nd of September 2025. the m&rkel value of the portfolio was £487.673 (2024 - £457.861). I I RELATED PARTY TRANSACTIONS No remuneration has been paid during the year to a chariry trustee or to anyone connected to a charity Irustee. Trustees have not received any other benefits from the Charity during the year. The 3 Churches Charity Shop, a Scottish r¢8iStered charity. operates a charity Shop in Dunkeld and mak¢5 regular ¢ontribulions lo the three churches in the Dunkeld area including Si Mary's, Birnam. Si Mary's r¢¢eiv¢d £ I 5,000 from this charity during the year (2024 - £13,000).
INDEPENDENT EXAMINER'S REPORT TO THE VESTRY OF ST MARY'S EPISCOPAL CHURCH, BIRNAM. DUNKELD I report on the accounts of the chariiy for the year ended 30 September 2025 which are sel out on pages 6 to 9. Respective responsibilities of Vestry Members and Examiner The Church's Vestry members are responsible for the preparalion of ihe accounts in accordance with the tenns of the Charities and Trustee Investment (Scotland) Act 2005 and Charities Accounts (Scotland) Regulations 2006 (as amended). The Church's members of the Veslry consider that the audit requiremenl of Regulation l O(l){d) of the 2006 Accounts R¢gulations does not apply. It is my responsibility to examine the accounts as required under section 44(1){c) of the 2005 Act and to state whether particular matters have come to my attention. Basis of Independent Examiner's Report My examination was carried out in accordance with Regulation I l of the Charities Accounts (Scotland) Regulations 2006 (as amended). An examination includes a review of the accounting r¢cords k¢pt by the chariiy and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the Vestry Members conceming any such malters. The proc¢dur¢s undertaken do not provide all the evidence that would be required in an audit. and consequenily I do not express an audit opinion on the view given by the accounts. Independent Examiner's Statement In the course of my exam&nation, no matter has come to my attention: which gives me reasonable cause lo beli¢v¢ that in any mal¢rial respect the requirements.. lo 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 accounling 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 understsndin of the accounts to be reached. 12 March 2026 Alexydnder J Fyfe, M.A.A.T., C.A., DChA. Member of the Institute of Chartered Accountants of Scotland Morri5 & Young Chartered Accountants 6 Atholl Crescent Perth PHI 5JN io