SC003626 Sl Peter and the Holy Rood, Thurso Accounts for the year to 30th September 2025 St Peter & the Hol Rood E isco al Church Thurso Refèrènce and Administrative Infomiatiorb Charity Number SC003626 Prlnclpal Addrèss St Peter and the Hdy Rood Sir George's Street Thurso KW14 7AW Charity Trust••s Bishop Mark strange Aline Machell Colin Gregory Lsan Hughes Lydia F?nsome Ruth Shallcros5 Elspelh MacPherson Priost in Charge Vesty seuelarylpeople's warden Lay repres&ntative ARern8bve lay repsentatIV6 Prst.S warden Other Offi¢lals Louise Monaghan Roger Bamfiekj TreaSur Sale from hamilPVG c04)rdinalor Ind•p4nd•nl Examlnor R F Lansyer C3lhk Nelson Road Forres IV36 10R 8ankers Royal Bank ol Scoffand 11 Olng Str&ei Thurso KW14 7BL St Peter & the Hol Rood E isco al Church Thurso Annual Report of the Congregation Trustees The Trustee5 present their annual report logelher with the finanaal statements for the year end8 30th September 2025 Strn¢tur¥ and govemartce Iii terms of the Charities and Truslee Inveslment Iseotlandl Act 2005 aThJ the Charities Accounts IS¢otlandl Règulations 2006. the Trustees report as follows.. 1. Sl Peter & the Holy Root5 is a regislered Scothsh Charity ISC0036261 2.11 is a member ol the Diocese ol Moray. Ross and Caithne55 of Ihe Scottish Episcopal Churth and is in full Gurnrnuniun with the An91ican Church 3. The superior auihorily is the Bishop ol Moray. Ross and Caithnes9. 4. All ol Ils affairs are govemeil by thè m8mb8rs of the congregation. with named persons having partlculaf duties and responsib51ikn'8s. Appolntment ol Trustees from the congrngalion Members of lh¥ Lonyregalion are elected or appointed by the Annual Genera Me8ting established by conslilution anil under Canon Law ol Ihe Scottish Episcopal Churd). There Is no forrn81 induction programme but ongoirvj guidance Is given lo ensure trustee membets are familiar with the Church's values, aims and responslbillts'es as the designaied trustees ol the charity. Admlnistrativo strueturè 11 is Ihe duly ol Ihe Irusleg$ lo manage the temporal affairs OT the congiegalion with responsibility lo keep the fabrbc and proparty of the GhurGh and other buiklings in goc4J working order and lo k)ok Ir the finances of the church. Sialemgnt of rlsk 'rhe tfuslees keep under review the major risks to which the church Is oxposecl and has 95tablished procedures 10 miligaitr any risks identified. Charitablg objfjctive5, JcIIvifl•s •nd •¢hiev•ments The principal aclivilies of Ihis church Include publK worship in sacramenl and prayer, Christian educat, chariiablo work and lundiaising for local. Dational and inlarnational n8eds. social meetiiigs, predomii)aièly ol the youth. the elderly and many groups of all ages. Volunteer¥ Thè trustèes are grateful for the time Ireely given by voluntee. without whom many of Ihe activities would be unable lo operate. Achlevements and porf0rn7anc• .J:, hu.d no wvddiii(Js or l)ai)(isms and one luneral We 'Ntirè Inviled to Ilend Ihp IV(Iflti t)iiY ol Prayer in March and Easter Pfmn Tru$te•s Icontinutdl Plans for future periods Thc church continues lo work towards building the congregation up arvj is thking al ways Ihis mlghl best be achieved. The engagement ol a priest. lo be Shared with St John's Episcopal Church in Wick, is being explored. Statement of responsibilitles of tw$lea$ Thè Irusiees Inust propare linancral slalemL%nls which gfve sufficienl detail to gnada an appreciab'on ol the transactions ol the church during the financial year. Tne Irustees a responsible for ké8ping proper accounting recordb which, on request. musl refiect Ihe wrrenl financial position of the churc al that lime. This musl be done lo ensure that the financial staièmenls comply with the Charities and Tru91èe Investment Iscouandl Act 2005 and the Charitieg AeLount8 IScot13ndj Regulations 2006. They are also responsible for safeguarding the assets o( the church and musi take reasonabl8 st8PS lor the prevenlion ai)d l or detection of frèud and other irregularities. On behalf of the trustées 8ishop Mark Strange Dato.. .J i L.,. St Peter & the Hol Rood E isco al Church Thurso I report on the accounts of the charity foT Ihe year ended 30 sepierr.ber 2025 which are set out on t followinu pages. Respective responsibilities of Vestry Mèmbefs and examiner The Trustees psent their annual report logether with lh& financial statements for Ihe ye%ir ended 30th September 2025 B3$is of independent 4xaminèrfs statem•nl My examinatson carried oul in accordance with Regulation 1101 the ch8rib.es Accounls IScoilaThYI Regulalions 2006. An examinalion includes a review ol ihe accounting record5 kept by the charity and a comparibun ol the accounts presented wilh those records. 11 also ir7cludes consideration ol any unustjal items or disclosures In the a¢¢ounts: an¢J seeks explanations from the truslees con¢grning such matters. Thè procodures uiidertaken do not provKle all the 8vidence that Vuld be reqLbtred in an audit. and consequeniiy I do t express an audit onn on the viaw gIn by the accounts, Independent examiner's statement In the Lourse of my examinalion, no matter has come lo my 3ttention other than disclosed below which gives me reasonable cause to L*Jliev8 that In any material resp9cI the requiremenls.. lu kgep aceounling records in accordance with Sectson 44111 lal of Ihe 2005 AGI aii¢J Rggulats'on 4 01 the 20 AtycoLinfs Regulations. and to Proparo d¢¢ounls which accord wlh tho accounkn.ng rerdS and comply wth Regulatson 9 of the 2006 Ac¢04Jnts Regulations have not been mel. or 2. tr> which. In my opinion. allenlion should be dfawn In order lo enalAe a prop8r uThJerstsnding ol the accounis lo be reached. R F Lander Chartered Accounlonl Forres Oale.. 12th Jun6 2026 St Peter & the Hol Rood E isco al Church Thurso Recei ts&Pa lor the Year Ended 30th Se lember 2025 2025 2Q24 ithstsKted ResttO(l Total Total Receipls Note Donations Tax re-laitned {Giti Aid) Fundraisiiig Irivesimenl Incom8 Olh&r Im)me 17.375 17.375 23.124 1086 221 18.2 1.191 221 18.787 1,077 147 24,348 105 Payments Payments lor Charilatje Activilies Cost of Charitable Adiwliès Cost of Fundraising Governance Costs 23.6 23.6 30,197 250 23.946 250 23 946 30,197 DeficitisurplLts for year 5.264 105 5,159 St Peter & the Hol Rood E isco al Church Thurso Statement of Balances as a130th Se tember 2025 2025 De5igialed R¢slricied 2(Y24 Gene*1 Toial Cash at bank and in hand alan¢e 81 beginning ol year surp1usldef1t lor year Transfer bètween fund$ Nel paid by St John's Wrk B81aiMk at end of year 63.712 74 89T 105 70.964 5.159 73.926 5.849 5,1 2.887 70,964 1.165 63,638 1.002 65.805 Royal Bank of Scotland Lloyds TS8 HO by the Diocèse Cash 1.105 1,137 l.(NJ2 3,244 T,848 554 62.501 60 70,964 62.501 62.501 60 65 805 1.165 63.638 1.002 Invesimeiits Balan¢e at bwnniiig ol year Market valup adjuslment Trdnsfer 28.276 3.162 6.076 37.514 6.076 34.352 3.162 6.076 37.514 Unils Gènoral Fund 48T009 M K Munro 48T012 l N4illcr 4dT008 W MarsilLin 48T020 O Lawr 48T021 D Dunbar 46T011 Endo%vmenl 48TOI0 A Swanson 47T002 135 1B7 93 294 14 297 106 1126 4.497 6,231 3.099 9.794 466 9.895 3.531 37.514 4.118 5.706 2.838 8.969 427 9.C61 3.?34 34.352 UTP Market valu¢ al start of the period Disposals in tho year Unrealisttd gainlk)ss in yeaT Markel valu6 at end ol the peno(J 34.352 3.162 37.514 Opening unit value Closirrfj unil valuo £30.51 £33 31 Opening units hekl G1051ng units hekl 1,126 1.126 St Peter & the Hol Rood E isco al Church Thurso Not•s to the a¢¢oyrtts lorthe year to 31Trth September 2025 Funds The geneial fund is hdd to supw)rt the ot Ihts. thur¢b. Reslrtted funds is the A S Memorpl Fun. 2025 Deywaieo R&sirieted To1 2024 Total General Congregational & Voluntary Income General collections 8 free will offerirgs Dwation5 Legacy Gift Lax recovery 11.483 282 11.483 441 10.346 2.778 10.000 159 ti.452 17.216 159 17.375 23.124 Inv8&tment In¢om? Dpiidends Bank Inte$1 1.010 77 1.086 105 1,115 77 1,191 98 1,077 Fundr¥lsln9 Incom8 Friends Other In¢¢m• Sale ol Ouik)ok Z21 ?21 221 221 147 147 C08t ol Charit)bl¢ A¢tl¥ltl8a Prtsfegsional Fees Adirin costy Stipend & pension DC0$an quula Parsonage Insuran & lax P8rsonage heat 8 light Worship Ktrsourc•¥ cTring In8uianr Heal and Light Bank charges Rep8irs & rnainlenance RefrshmentS Flowor5 & garden CommunKatK)n costs Sundnes 1.257 90 7.071 4,969 1.257 5,250 126 7,641 4,320 7,071 4,969 94 2.474 6.318 2,225 8,890 24 1.120 6.318 1.097 1.097 197 36 197 156 320 30.197 188 23.6g6 23.463 233 St Peter & the Hol Rood E isco al Church Thurso Notés to the accounts for the year to 30th 5epternber 2025 {Corrtinuedl St John'$ Share ProfeSsnal fees commuriallon spend sharo Quota Rectory Gosls 2025 2024 1.772 1.440 3211 2.887 6.099 6.100 Outslaiiding from last ye Payment5 m&e Bala io be pald 2,887 Oulslarding 8$ al 30.09.24 Net movèment 2.887 Designat fur* Fb)wer Or9an Fund Fund 119 375 Ropair Fund 125 Property Relr•shme Fund nr Fund 62.087 1.005 159 197 967 Total 63.711 159 233 63,638 Opening baknce Income Expendiiuro aosin9 bakgnc8 38 83 375 125 62.L187 Funds handlod as a98nt During tho y¢>dr luiids 01 £111 were reG¥lved in h&ll of Abertour TnJs1 and paKI to them. These Iransa¢lions are ntsi r8neclé¢ in lThe Receipls and Payk)wts lor the year.