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The members of the Vestry present their annual report together with the financial
statementsfor the year ended 31 August 2025.
In terms of the Charities and Trustees Investment (Scotland) Act 2005 and the Charities
Accounts Iscotlandl Regulations 2006 (as amended) the Vestry reports to the
congregation as follows:_
1. All Saints Episcopal Church with St Ninian's Fellowship is a registered Scottish
Charity ISC003582)
2. It is a member ofthe Diocese of Glasgow and Galloway of the Scottish Episcopal
Church and is in fullcommunion wtth the Anglican Church.
3. The superior authority is the Bishop of Glasgowand Galloway.
4. All of its affairs are governed by the Vestry.
fv
IA
Vestry members are elected or appointed by the Annual Meeting established by
constitution and under Canon Lawof the Scottish Eptscopal Church. There is no formal
induction programme but ongoing guidance is given to ensure that Vestry members are
familiar with the church's values. aims and responsibilities as the designated trustees of
the charity.
Str
It Is the duty of the Vestry to manage the temporal affairs of the congregation with
responsibility to keep the fabric and property of the church and other buildings in good
or(ier andto lookafter the finances ofthe church.
en
The Vestry keeps under review the major risks to which the church is exposed and has
established procedures to mitigate any risks identified.
of Risk
Charit
tiveLdActlvitjes
an
The church's principal activities include public worship in sacrament and prayer.
Christian education. social meetings. charitable work and tundraising for local, national
and international nee(is and other events to encourage outreach to all within the
community.

int
Voluntee
The Vestry is grateful for the time freely given by a large number of volunteers. without
whom manyotthe activitieswould be unable to operate.
with
ret,
Rev Dawn Matthew is Priest in Charge ot All Saints, Challoch and St Margaret's, New
Galloway. She took up her appointments on 18" February 2023. A cost sharing
agreement was agreed between the two Vestries and the Diocese on 26" January 2023.
The agreementwas ieviewed in 2024.
hurch Nefftll
All Saints. Challoch has been fortunate to receive a number of generous bequests and
donations in recent years. During 2024125 we received Restricted Donations totslling
£10.475which are specificalLy to contribute towards stipend costs.
Duringtheyear, the church made a cash deficitof£10,603on unrestrictedfunds-in part
due to repairs and maintenance costs during the summer. This was slightly better than
budgeted however this cash deficit was offset by unrealised gains of £14.658 on the
investments held bythe church. Thus, the totslfunds held bythe church increased from
£331,507 to £344.037. The next quinquennial survey falls due in 2026 and this may lead
to additional maintenance expenditure.
We continue to run a small number of events to increase ourengagementwith the local
community and to raise funds.
chievem
nts and Performance
The church continues to make its facilities available for use and provided worship for the
whole community. Aswell as Sundayservices. we hold mid week services in church and
weekly evening prayer servlces byzoom.
The following outward facing events were planned for 2025:_
Mid Summer Music Festival in July
Flowerfest and Ploughman's Produce. Doors Open Heritage & Ha￿est in
September
All Saints and Angels in November
Christmas: Posada in December
which have helped to bring people into the church. During the summer we opened the
church on Saturdays to visitois.

11
h with
Plans for Future Periods
The proposed budget for 2025126 will be submitted to the Annual General Meeting for
approval together with an in(Jicative budget for 2026127. It will reflect our aspirations to
grow our mission and ministry. while keepingour costs undercontrol.
Rev Dawn Matthew joined us as Priest in Charge on 18 February2023- initiallyfor a
three year period subjectto a review.
Reserv
The Vestry has adopted a policy of trying to maintain a Level of unrestricted reserves.
whilst continuing to invest wisely to provide a yield, which. together with ellective cost
control, should allow usto continue to serve ourcommunity for the foreseeable future.
tat
nt f Vest
mber's re
ities
The membersofthevestrymust preparefinancialstatementswhichgive sufficientdetaiL
to enable an appreciation of the transactions of the church duringthe financiaLyear. The
members ol the Vestry are responsible for keeping properaccounting recordswhich. on
request. must reflect the currentfinancial position of the church atthat time. This must
be done to ensure that the financial statements compLy with the Charities and Trustee
Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006
las amendedl. They are responsible for safeguarding the assets of the church and must
take reasonable steps for the prevention and l or detection of frau¢J and other
irregularities.
On behalf of the Vestry.
Vestry Secretary
29 October 2025

All Salnts Eplscopal Church wlth St Nlnlan's Feltowshlp
Recelpts and Payments Accounts for Year Ended 31 August 2025
2025
2025
Notes Unresiricted Restricied
2025
RECEIPTS
2024
Total
Total
ConETegational giving
Investmerst Income
Other charitable acttvities
Grant Received
Bequests
É20.744 £10.475
£11.675
£0
£350
£0
£31.219
£11,675
£350
£0
£20.178
£10,563
£0
£0
£250
£0
£0
£32.769 £10.475
£0
£43,244
£0
£31,714
FurNJraising Events Inetl
Collections lor Charities
Other Collections Inetl
£713
£615
£0
£0
£713
£615
£727
£0
£0
-£183
£0
Total Receipts
£34,097 EIO.475
E44,572
£32258
PAYMENTS
Clergy Isharel
Rectory {share)
Diocesan Quota
Property Expenses
Misc expenses
Governance
£17,040
£2.027
£5.728
E18,818
£937
£2.0
£0
£19.040
£2,027
£5.728
£18,818
£937
£17.866
£4,919
£4.060
E14.713
£1.504
£460
£43.522
£0
£0
li
E150
£0
£2.000
£150
£44.700
£46.700
Purchase of investments
io
£35.000
£0
£35,000
£120.000
Total Payments
£79,700
£2.000
£81.700
£163.522
Surplus l {Deficit) forthe year
-£45.603
£8.475
-£37,128
-£131.264
Underlying Surplus I (Deflcit)
before investment
purchases and bequests
-É10,603
£8.475
-É2,128
-É11.?64

Swment f B
Cash at bank and In hand
2025
Unrestrlcted Reslricled
2024
Total
Total
Opening Bank Statement Balance5
Cash heldat31August2024
E50.219
£250 £50,469
£181.733
E459
É182.192
£50.219
£250 £50.469
Cash held 31 Aug 2024. banked 6 Sept 2024
Investments Purchased
Bequests Received
Underlying Revenue Surplus I (Deficit)
Closing Bank and Cash Balance
È35.000
£0
-£459
£120,000
£0
-£11,264
£50.469
£0 £35,000
£0
£0
£8.475
42,128
£8.725 £13.341
-£10,603
£4.616
Investments
Market Value at beginning ofthe year
Invesiments purchased
Unreaused ga￿nS I Ilossesl in year
Market Value at end otthe year
£281.038
£35.000
£14.658
£330,6
£0 £281.038
£0 £35,000
£0 £14.658
£0 £330.696
£151,205
E120.000
£9,833
£281.038
Represented by
SEC UnitTrust Pool
14915 unilsl
Epworth Cash PIusFund
£160.696
£0 É160.696
£146,038
£170.000
£330,696
£0 £170.000
£0 £330,696
£135,000
£281.038
Fund Balances
At beginnlng of year
Banking re piioryear
Bequests Received
Surpu¥ I (Deficit)
Movement in Investmenls
É331.257
£250 £331.507
EO
£333.397
-£459
to
£0
£8.475 -£2,128
£0 £14.658
£0
-£11.264
E9.833
-É10.603
£14.658
Al end ol the year
£335.312
£8.725 É344.037
É331.507
Approved bythe Vestry on 29 October 2025 and slgned on their behalf
Treasure(
Chali

All Sain15 Eplscopal Church wlth Sl Nlnlan's Feuowshlp
Notes to the Accounts
l. Accounting Policies
The accounts have been prepared on a receipts and payments basis. No adjustments have
been madefor income due butnotyet received. norfor anyexpenses incurred but notyet
paid at the end of the accounting year. The Church is not shown in these accounts but is held
inthe name ofthe DiocesanTrustees. Maintenance costs are written ottwhen paid. These
accounts are presented on a receipts and payments basi5 a5 gross income forthe year was
less than £250.000.
2025
2025
Unrestricted Restricied
2025
Total
2024
2. Congregaiional Giving
PledEed GTvTnE
Open Plate
Tax Reclaimed
Donations
£12,290
£4,501
£3.672
£281
£20.744
£0 £12.290
£0
£4.501
£3.672
£10,475 £10.756
£10.475 £31.219
£9.565
£2,182
£3.393
£5,038
£20.178
£0
3. Investment Income
UnitTrLFSt
£4.866
£6.117
£692
£11,675
£0
£4,866
EO
£6.117
£0
£692
£0 £11,675
£3,302
£5.32d
£1,937
£10,563
Cash Fund
Bank Interest
4. Colleclions for othei Charl￿e$
Balance held at the start of the year
Receipts Iiom collection5
Payment5 to charilies
01 which paid from Church lunds
Balance held al the en(i of the year
£47
£0
£0
£47
£227
£825
£825
£1.208
£1.391
£3
£210
Eo
£210
£0
£0
£0
£662
£0
£662
£47

11
li
Notes to the Accounts (Cont.)
5. Other Collections
Receipt5
Payments
Balance held atthe end ofthe year
£0
Éo
EO
£0
£120
£0
Éo
£0
£0
£120
£0
EO
6. Clergy
ipend
Travel Expenses
Training and Development
£14.682
£2.358
Éo
£17,040
£2.000 £16,682
£0
£2.358
£0
£0
£2.000 £19.040
£15.500
£1.816
£550
£17.866
7. Rectory
CouncilTax
£1.548
£217
£0
£0
£1.$48
£217
£2,386
£213
Insurance
Repairs and Maintenance
£262
£2,027
£0
£0
£262
£2.027
£2.320
£4.919
8. Property Expenses
Refpairs and Maintenance
Orgark Maintenance
Insurance
£8,267
£372
£1,853
£8.326
£0
£0
£0
£8.267
£372
£3,189
£0
£J.853
£8.326
£0
£1.813
£7.354
£2.156
£201
Electricity
Puichase and fitting ourol shed
ECO
EO
£0
£0
£18.818
£0
£0 £18,818
£0
£14,713
9. Fundraising events
Income
Expenditure
Fund5 Raised
10. Purchase of Inveslmenis
SEC Unit Trust
Epworth Cash Plus Fund
£774
£0
£774
£742
£61
£0
£61
£15
£713
£0
£713
£727
£0
£0
£0
£60.000
£60,000
£120.000
£35.000
£35.000
£0 £35.000
£0 £35,000
11. Governance
Independent Examiner
Legal
£150
£0
£150
£100
£0
£0
£0
£150
£360
£150
£0
£460

ain
isc
it
St
inia
hi
Notes to the Accounts (Cont.)
12. Related PartyTransactions
No remuneTalion has been paid, during the year. to a charlty trustee or anyone connected to a charity
trustee other Ihan ihe stipend paid to the Priest in Charge.
In addltion to the reimbuisement ot expenses to the Priest in Charge as in Note 6. expenditure was
reimbursed loMotTUStees amountingto £10812023 one trustees £158).
As disclosed in theTrustses Report. there is a cost sharing agreementwith St Margaiet's. New Galloway
and the Diocese of Glasgowand Galloway. Under this agreement Ali Saints. Challoch. St Margarets.
New Galloway and the Diocese of Glasgow and Galloway agree to shale a number of Joint costs such as
stipend. pension contributions. travel and subsistence. training and development and the cost ol the
rectory in New Galloway. Duiing 2024125 the total of such payments made to St Margarets amounted
to £474812024 £70251.

Independent Examiner's Report to the Trustees of All Saints Episcopal
Church with St Ninian's Fellowship
I report on the accounts of the charity for the year ended 31" August
2025 which are set out on pages five to nine.
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) Act 2005 and the Charities
Accounts (Scotland) Regulations 2006 (as amended). The charity
trustees consider that the audit requirement of Regulation 10(I) (d) of
the 2006 Accounts Regulations does not apply. It is my responsibi5ity 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 examinerfs statement
My examination is carried out in accordance with Regulation11 of the
2006 Accounts Regulations. 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 Consequent￿ I do not express an audit opinion
on the view given by the accounts.
Independent exarninerfs statement
In the course of my examination, no matter has come to my attention
[other than disclosed below']
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
to prepare accounts which accord with the accounting records
and comply with Regulation 9 of the 2006 Accounts Regulations
have not been met or
Page10

2. to which, in my opinion attention should be drawn in order to
enable a proper understanding of the accounts to be reached.
Name.. Gordon James Reid
evanfprofessional qualification/professional body. MAAT
Address..
The Cottage
Auchenmalg
Glenluce
Newton Stewart
DG8 OJR
Date: 30th October 2025
Page11