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.

8. Vestry Membership. At the 2025 AGM Irene Manly and Ann Steuart Foihringham
resigned from the Vestry (see Page l ).
9. 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
10. 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.
12. 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).
13. 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 stalld￿d$ 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￿ TTh￿tee
tni'estment (Swtland) Act 2005, the Charities A￿OUnt$ (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
preV￿tiOn and detection of fraud and other i￿egulaTIftes.
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
Un￿8tri£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 ex￿nseS
D￿eSan quota
Church eX￿nseS
s￿ e￿n5¢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
fi￿d$ fitnds funds
CASH FUNDS
52J9l
2291
54,682 18J69
Net ReceiptsI(Pa￿￿ents) 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 InCu￿ed 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 Ma￿tenance & SUpp]￿S
Gar(knnig and ckaning
Mu8
misS￿n
3,548
2025
2025
Un￿StriCted 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