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← Holy Trinity Episcopal Church

2025-08-31-accounts

Docusign Envelope ID: D75214BF-7706-4CB7-91AE-8D1DA372BA2B

REGISTERED CHARITY NUMBER: SC003630

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Holy Trinity Church of Haddington

EQ Accountants Ltd 47-49 The Square Kelso Roxburghshire TD57HW

Docusign Envelope ID: D75214BF-7706-4CB7-91AE-8D1DA372BA2B

Holy Trinity Church of Haddington

Contents of the Financial Statements for the Year Ended 31 August 2025

Page
Reference and Administrative Details 1
Report of the Trustees 2
to5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Financial Statements 9 to 17
Detailed Statement of Financial Activities 18 to19

Docusign Envelope ID: D75214BF-7706-4CB7-91AE-8D1DA372BA2B

Holy Trinity Church of Haddington

Reference and Administrative Details for the Year Ended 31 August 2025

TRUSTEES

==> picture [253 x 152] intentionally omitted <==

PRINCIPAL ADDRESS 6a Church Street Haddington East Lothian EH413EX REGISTERED CHARITY SC003630 NUMBER INDEPENDENT EXAMINER EQ Accountants Ltd 47-49 The Square Kelso Roxburghshire TD5 7HW BANKERS Bank of Scotland 44 Court Street Haddington EH413NP

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Docusign Envelope ID: D75214BF-7706-4CB7-91AE-8D1DA372BA2B

Holy Trinity Church of Baddington

Report of the Trustees for the Year Ended 31 August 2025

The trustees present their report with the financial statements of the charity for the year ended 31 August 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective I January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objectives of the Vestry on behalf of the congregation are to advance the mission of the Christian Church through worship, service and fellowship. The principal activities of the church are public worship, the spiritual development of its members, and pastoral care and Christian mission exercised in the wider community. It also supports a number of community based activities including the Bethany Care Van, Lammermuir Larder, Home Start East, Keep the Heid Mental Health Cafe, Haddington Care Home, Christian Aid and links with Knox Academy.

ACHIEVEMENTS AND PERFORMANCE

Investment Policy and Performance

Investments are held in the Scottish Episcopal Church Unit Trust Pool (UTP). The investment objectives of the UTP, which accords with that of the Vestry, is to earn a return on assets, over the long term, sufficient to maintain an income stream to unit holders and an increase in capital value at least to protect the value of funds invested in real terms. During the year the value of the fund units increased by 9.2% (2024: increase of 12%).

Risk Management

The Vestry reviews on a regular basis the major risks to which the Church is exposed, and systems and procedures have been established to manage those risks. The principal risks faced by the Vestry lie in the performance of investments and operational risks from a potential decline in congregational giving is monitored carefully by the Vestry.

The Vestry consider variability of investments returns to constitute a financial risk. This is mitigated by investing in the Scottish Episcopal Church Unit Trust Pool (UTP) that has a diversified ethical investment portfolio.

The operational risk from a potential decline in congregational giving is of great concern to Vestry for the Church to continue to pursue its ministry. The Vestry monitor closely congregational numbers and associated contributions to ensure the stability of funding arising from congregational giving.

The Vestry take great care of its' properties. A qualified surveyor reviews the state of each of them every five years as part of the Quinquennial Review. Findings are acted on by the Vestry on a priority basis under the supervision of two Vestry members who have specific responsibility for property matters.

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Docusign Envelope ID: D75214BF-7706-4CB7-91AE-8D1DA372BA2B

Holy Trinity Church of Haddington

Report of the Trustees for the Year Ended 31 August 2025

ACHIEVEMENTS AND PERFORMANCE

The past year has been one of achievement and enjoyment and also consolidation. The community of faith continues to support each other and enjoy each other's company, a reality which is precious and should not be undervalued. This is supported by the joy of regularly welcoming new people to worship with us and often deciding to join our family. Anyone who comes through our doors is greeted with genuine interest and care and, if they wish, included in our activities. This fellowship is also supported by our monthly Soup and Sweet lunches run by willing teams of volunteers.

This past year there has been a focus on property maintenance. The new boiler is working well, but the pipes needed a major overhaul in order to stop them leaking. It took many months of searching to find from Dumbarton who could fix rather than replace the old pipework. This work was successfully completed, and we hope that the heating will service the church for many years to come.

After last year's Lammermuir festival it was discovered that our dais, which had been made many years ago needed replacing. This was completely remade by a local joiner who continues to support us and do the smaller jobs about church and our buildings.

During the year we have managed to achieve some significant jobs which needed doing. The altar fall of Rublev's icon of the Trinity was made some years ago - and the colours had faded, and it was in desperate need of restoration. This was done with the skilled help of a local restorer, . The result is an altar fall which hopefully will last for another long time. Also, we investigated the origin of the large painting of Christ which is hung on the balcony. We re-discovered that it was painted by , a local Edinburgh artist, although no-one knew how it had come to us. We had the whole painting cleaned of the dirt and grime of the last 30 years including the effect from the fire which had burned Holy Trinity. It took three days for , who was a fine art conserver to clean and restore it to its original state. These two projects were partly funded by donations from members of Holy Trinity.

After much thought Holy Trinity have begun the journey of building an extension at the West end of the church - between the church and the Rectory. This will hold more toilets which are desperately needed. It may also hold a small meeting room which could be used for Sunday School. This process is long and is anticipated to last two years. We have engaged an architect and begun the feasibility survey.

We have enjoyed our usual services and groups this year. There doesn't seem a spare month without something happening! Last year the Stable Service attracted the largest congregation we have ever had - it was standing room only including the gallery. If this continues, we may have to consider how to welcome and handle such large numbers of people.

Holy Trinity this year continues to fund raise for those less fortunate than us. For the Christmas collections we raised money for Redwoods and Save the Children; we have raised money for Christian Aid, Mission to Seafarers and the Bishop's Lent Appeal which was to Abraham's Children. We also collected c£300 for the Bishop's Retirement offering as Bishop John retired. Our Harvest contribution went to Lammermuir Larder and Toy Sunday provided for the children oflocal prisoners. Holy Trinity folk remain generous and motivated when thinking of others.

We look forward to another positive year and give thanks for each other and all the blessings God has gifted us.

FINANCIAL REVIEW

Financial Review

The income and expenditure of the Church and Trinity Centre are detailed on pages 18 and 19. Net income exceeded expenditure by £2,657 (2024: Expenditure exceeded income by £35,629). There was an increase in the value of investments of £19,538 (2024: £29,182) and the resulting surplus of £22,195 has been added to the closing reserves.

Reserves policy

The Vestry has considered the reserves required and have taken into account their current and future liabilities. The Vestry's reserve policy is to maintain reserves so that cash and investment income is sufficient to meet at least three months normal operating costs and any other committed expenditure. The total free reserves at 31 August 2024 were £364,626. The bank and cash balances held at 31 August 2025 were £67,965. The Vestry is satisfied that the reserves are sufficient to meet this policy.

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Docusign Envelope ID: D75214BF-7706-4CB7-91AE-8D1DA372BA2B

Holy Trinity Church of Haddington

Report of the Trustees for the Year Ended 31 August 2025

FUTURE PLANS

The Vestry will continue its range of present activities in the foreseeable future. Growing the congregation of the church and maintaining the fabric of the church through the ongoing Quinquennial programme.

As detailed above, Vestry has initiated a feasibility study for an extension at the west end of the Church

STRUCTURE, GOVERNANCE AND MANAGEMENT

Structure, Governance & Management

The Church is an unincorporated association, governed by Constitution dated 1908, and last amended in 2021. For the purposes of charities law, the members of the Vestry are the Charity Trustees of the Church. The Church is a member congregation of the Diocese of Edinburgh in the Scottish Episcopal Church. The Bishop of Edinburgh has pastoral oversight of all congregations within the Diocese, and all congregation subject to Canon Law of Scottish Episcopal Church.

The members of the Vestry are elected at the Annual General Meeting. The Treasurer, the Lay Representative who represents the Church at Diocesan Synod and the Alternate Lay Representative are elected annually by Lay member's of the congregation at the Annual General Meeting. The People's Warden is elected by the congregation at the Annual General Meeting. The Rector's Warden is appointed by the Rector. The Vestry Secretary is appointed by Vestry. The Rector is appointed by the Vestry and the Bishop of the Diocese.

Key Management Personnel Remuneration

Except for the Rector, no member of the Vestry receives remuneration. The Rector is ex officio a member of the Vestry and a trustee, and receives remuneration, benefits and reimbursement of expenses in respect services as a stipendiary cleric in line with scales determined by General Synod of the Scottish Episcopal Church.

Statement of the Vestry Members' Responsibilities

The members of the Vestry are responsible for preparing a Trustee's annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards.

The law applicable to charities in Scotland requires the charity trustees to prepare financial statements each year which give a true and fair view of the state of affairs of the Charity and of the income resources and application of resources of the Charity for that period. In preparing the financial statements, the members of the Vestry are required to:

-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.

The members of the Vestry are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charity Accounts (Scotland) regulations 2006 (as amended), and the provisions of the Constitution. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.

The members of the Vestry are responsible for the maintenance and integrity of the Charity and financial information included on the Charity's website. Legislation in the United Kingdom governing the preparation and dissemination of the financial statements may differ from legislation in other jurisdictions.

Conclusion

In conclusion, the Vestry wishes to thank all members of the congregation who help in so many different ways in carrying out the work of the Church, without whom nothing would be possible.

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Docusign Envelope ID: D75214BF-7706-4CB7-91AE-8D1DA372BA2B

Holy Trinity Church of Haddington

Report of the Trustees for the Year Ended 31 August 2025

Approved by order of the board of trustees on .

and signed on its behalf by:

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Docusign Envelope ID: D75214BF-7706-4CB7-91AE-8D1DA372BA2B

Independent Examiner's Report to the Trustees of Holy Trinity Church ofHaddington

Independent examiner's report to the trustees ofHoly Trinity Church ofHaddington

I report to the charity trustees on my examination ofthe accounts of Holy Trinity Church ofHaddington (the Trust) for the year ended 31 August 2025.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements ofthe Charities Act 2011 ('the Act}

I report in respect ofmy examination of the Trust's accounts carried out under Section 145 ofthe Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) ofthe Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding ofthe accounts to be reached.

EQ Accountants Ltd 47-49 The Square Kelso Roxburghshire TD57HW 18-11-2025 | 11:00 GMT Date: .............................................

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Docusign Envelope ID: D75214BF-7706-4CB7-91AE-8D1DA372BA2B

Holy Trinity Church of Haddington

Statement of Financial Activities for the Year Ended 31 August 2025

31/8/25 31/8/24
Unrestricted Restricted Total Total
fund funds funds funds
Notes £ £ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 2 87,123 87,123 90,389
Charitable activities 4
Activities for Generating Funds 16,864 16,864 12,651
Income from Trinity Centre 22,989 22,989 20,584
Investment income 3 8,835 8,835 7,764
Total 135,811 135,811 131,388
EXPENDITURE ON
Charitable activities 5
Clergy and Ministry Costs 55,801 55,801 52,497
WorshipCosts
FabricCosts		 4,440
29,389		 4,440
29,389		 4,588
68,035
Ministry Support 7,642 7,642 6,497
Governance costs 3,021 3,021 4,497
Charitable giving and other donations 179 179 1,780
Community Project Costs (Trinity Centre) 17,334 6,400 23,734 21,553
Quota - pay diocese 8,902 8,902 7,316
ActivitiesforGeneratingFunds 46 46 254
Total 126,754 6,400 133,154 167,017
Net gains on investments 19,538 19,538 29,182
NET INCOME/(EXPENDITURE) 28,595 (6,400) 22,195 (6,447)
RECONCILIATION OF FUNDS
Total funds brought forward 336,031 202,733 538,764 545,211
TOTAL FUNDS CARRIED FORWARD 364,626 196,333 560,959 538,764

The notes form part of these financial statements

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Docusign Envelope ID: D75214BF-7706-4CB7-91AE-8D1DA372BA2B

Holy Trinity Church of Haddington

Balance Sheet 31 August 2025

31/8/25 31/8/24
Unrestricted Restricted Total Total
fund funds funds funds
Notes £ £ £ £
FIXED ASSETS
Tangible assets 10 8,255 185,600 193,855 203,004
Investments 11 291,770 291,770 272,233
300,025 185,600 485,625 475,237
CURRENT ASSETS
Debtors 12 10,451 10,451 13,814
Cash at bank 57,232 10,733 67,965 55,078
67,683 10,733 78,416 68,892
CREDITORS
Amounts falling due within one year 13 (3,082) (3,082) (5,365)
NET CURRENT ASSETS 64,601 10,733 75,334 63,527
TOTAL ASSETS LESS CURRENT
LIABILITIES 364,626 196,333 560,959 538,764
NET ASSETS 364,626 196,333 560,959 538,764
FUNDS 14
Unrestricted funds 364,626 336,031
Restricted funds 196,333 202,733
TOTAL FUNDS 560,959 538,764

T statements were approved by the Board[of Trustees] and authorised for issue on . and were signed on its behalf by: Trustee

The notes form part of these financial statements

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Docusign Envelope ID: D75214BF-7706-4CB7-91AE-8D1DA372BA2B

Holy Trinity Church of Haddington

Notes to the Financial Statements for the Year Ended 31 August 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Income

All income is recognised once the charity has entitlement to the income, there is sufficient certainty of receipt, and so it is probable that the income will be received, and the amount of income receivable can be measure reliably.

Congregational giving is accounted for when received. Donations, legacies and similar income are accounted for when Holy Trinity becomes entitled to the income and a reliable estimate of the amount to be received can be made. Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.

Donations nominated for special purposes are credited to a specific restricted fund.

Expenditure

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of obligation can be measured reliably. The Church is not registered for VAT and accordingly expenditure is shown gross of irrecoverable VAT.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment and furnishings purchases are normally capitalised but items of little value or having a short life expectancy are written off to revenue in the year of purchase.

The Church, Trinity Centre (excluding improvements) and Rectory are not shown at any value in the Balance Sheet as the original costs are unknown. The properties are owned by the Church and kept fully insured. General repairs, maintenance to the Church, the grounds, the Rectory and the Trinity Centre are written off when incurred.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

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Docusign Envelope ID: D75214BF-7706-4CB7-91AE-8D1DA372BA2B

Holy Trinity Church of Haddington

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

1. ACCOUNTING POLICIES - continued

Fund accounting

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Pensions

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Employees are eligible to join the Scottish Episcopal Church Pension Fund which is a non contributory defined benefit scheme with benefits based on :final pensionable salary. Holy Trinity is unable to identify its share of the underlying assets of the Fund and so it accounts for its contributions as is if the scheme was a defmed contribution scheme.

2.

DONATIONS AND LEGACIES

2. DONATIONS AND LEGACIES
31/8/25 31/8/24
£ £
Congregational giving 60,222 60,158
Donations 9,275 1,048
Gift aid 14,757 13,564
Legacies 2,500
Grants 2,869 13,119
~~——~~
87,123 90,389
~~—~~
Grants received, included in the above, are as follows:
31/8/25 31/8/24
£ £
Places of Worship Scheme 2,869 =13,119
3. INVESTMENT INCOME
31/8/25 31/8/24
£ £
Investment income 8,835 7,764

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Docusign Envelope ID: D75214BF-7706-4CB7-91AE-8D1DA372BA2B

Holy Trinity Church of Haddington

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

4. INCOME FROM CHARITABLE ACTIVITIES

31/8/25 31/8/24
Activity £ £
Church use Activities for Generating Funds 15,076 10,902
Fundraising & special coll. Activities for Generating Funds 1,788 1,749
Trinity Centre users Income from Trinity Centre 22,989 20,584
39,853 33,235

5. CHARITABLE ACTIVITIES COSTS

Clergy and Ministry Costs
Worship Costs
Fabric Costs
Ministry Support
Governance costs
Charitable giving and other donations
Community Project Costs (Trinity Centre)
Quota - pay diocese
Activities for Generating Funds
6.
SUPPORT COSTS
Ministry Support
Governance costs
Community Project Costs (Trinity Centre)
Activities for Generating Funds		 Grant
Direct
funding of
Costs
activities
£
£
55,801
4,440
29,389
7,462
179
2,665
8,902
108,659
179
Management
£
180
21,069
46
21,295		 Support
costs (see
note 6)
Totals
£
£
55,801
4,440
29,389
180
7,642
3,021
3,021
179
21,069
23,734
8,902
46
46
24,316
133,154
Governance
costs
Totals
£
£
180
3,021
3,021
21,069
46
=3,021
24,316

7. TRUSTEES' REMUNERATION AND BENEFITS

Trustee remuneration is detailed under Related Party Note 15.

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Docusign Envelope ID: D75214BF-7706-4CB7-91AE-8D1DA372BA2B

Holy Trinity Church of Haddington

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

8. STAFF COSTS

STAFF COSTS
31/8/25 31/8/24
£ £
Wages and salaries 33,868 34,237
Other pension costs 8,573 10,366
42,441 44,603
The average monthly number of employees during the year was as follows:
31/8/25 31/8/24
Full time equivalent 1 1

No employees received emoluments in excess of £60,000.

Information regarding stipendiary members of the clergy, who are technically not employees but office holders, is included above.

Employees are eligible to join the Scottish Episcopal Church Pension Fund which is a non contributory defined benefit scheme with benefits based on final pensionable salary. Holy Trinity is unable to identify its share of the underlying assets and liabilities of the Fund on a consistent and reasonable bases and so accounts for its contributions as if the scheme was a defined benefit scheme. The Rector is a member of the Fund and others employed by the Scottish Episcopal Church (SEC) are also members. Contributions are levied to the Pension Fund by SEC on the basis of the level of salary paid to the Rector. The contribution rate for the year under review was 22%, the rate based on the recommendations of the Fund's Actuary. There were no contributions or liabilities outstanding at 31 August 2025 in relation to Trinity employees.

9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted Restricted Total
fund funds funds
£ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 90,389 90,389
Charitable activities
Activities for Generating Funds 12,651 12,651
Income from Trinity Centre 20,584 20,584
Investment income 7,764 7,764
Total 131,388 131,388
EXPENDITURE ON
Charitable activities
Clergy and Ministry Costs
52,497 52,497
Worship Costs 4,588 4,588
Fabric Costs 68,035 68,035
Ministry Support 6,497 6,497
Governance costs 4,497 4,497
Charitable giving and other donations 1,780 1,780
Community Project Costs 15,153 6,400 21,553
Quota - pay diocese 7,316 7,316
Activities for Generating Funds 254 254

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Docusign Envelope ID: D75214BF-7706-4CB7-91AE-8D1DA372BA2B

Holy Trinity Church of Haddington

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

9.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES-continued
Unrestricted
fund
Restricted
funds
Total
funds
£
£
£
Total
160,617
6,400
167,017
Net gains on investments
29,182
29,182
NET INCOME/(EXPENDITURE)
(47)
(6,400)
(6,447)
RECONCILIATION OF FUNDS
Total funds brought forward
336,078
209,133
545,211
TOTAL FUNDS CARRIED FORWARD
336,03)
202,733
538,764
10.
TANGIBLE FIXED ASSETS
Trinity
COST
Centre
Improvements
£
Furnishings
&Equipment
Totals
£
£
At 1 September 2024
217,600
21,032
238,632
Additions
370
370
At 31 August 2025
217,600
21,402
239,002
DEPRECIATION
At 1 September 2024
25,600
10,028
35,628
Charge for year
6,400
3,119
9,519
At 31 August 2025
32,000
13,147
45,147
NET BOOK VALUE
At 31 August 2025
185,600
8,255
193,855
At 31 August 2024
192,000
11,004
203,004		 9.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES-continued
Unrestricted
fund
Restricted
funds
Total
funds
£
£
£
Total
160,617
6,400
167,017
Net gains on investments
29,182
29,182
NET INCOME/(EXPENDITURE)
(47)
(6,400)
(6,447)
RECONCILIATION OF FUNDS
Total funds brought forward
336,078
209,133
545,211
TOTAL FUNDS CARRIED FORWARD
336,03)
202,733
538,764
10.
TANGIBLE FIXED ASSETS
Trinity
COST
Centre
Improvements
£
Furnishings
&Equipment
Totals
£
£
At 1 September 2024
217,600
21,032
238,632
Additions
370
370
At 31 August 2025
217,600
21,402
239,002
DEPRECIATION
At 1 September 2024
25,600
10,028
35,628
Charge for year
6,400
3,119
9,519
At 31 August 2025
32,000
13,147
45,147
NET BOOK VALUE
At 31 August 2025
185,600
8,255
193,855
At 31 August 2024
192,000
11,004
203,004		 9.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES-continued
Unrestricted
fund
Restricted
funds
Total
funds
£
£
£
Total
160,617
6,400
167,017
Net gains on investments
29,182
29,182
NET INCOME/(EXPENDITURE)
(47)
(6,400)
(6,447)
RECONCILIATION OF FUNDS
Total funds brought forward
336,078
209,133
545,211
TOTAL FUNDS CARRIED FORWARD
336,03)
202,733
538,764
10.
TANGIBLE FIXED ASSETS
Trinity
COST
Centre
Improvements
£
Furnishings
&Equipment
Totals
£
£
At 1 September 2024
217,600
21,032
238,632
Additions
370
370
At 31 August 2025
217,600
21,402
239,002
DEPRECIATION
At 1 September 2024
25,600
10,028
35,628
Charge for year
6,400
3,119
9,519
At 31 August 2025
32,000
13,147
45,147
NET BOOK VALUE
At 31 August 2025
185,600
8,255
193,855
At 31 August 2024
192,000
11,004
203,004

29,182

(6,400)
(6,447)
209,133
545,211
202,733
538,764

Furnishings
&Equipment
Totals
£
£
21,032
238,632
370
370
21,402
239,002
10,028
35,628
3,119
9,519
13,147
45,147
8,255
193,855
11,004
203,004

Depreciation is charged £2,665 to Church, £454 to Trinity Centre and £6,400 to Trinity Centre Improvement Fund.

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Docusign Envelope ID: D75214BF-7706-4CB7-91AE-8D1DA372BA2B

Holy Trinity Church of Haddington

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

11. FIXED ASSET INVESTMENTS

FIXED ASSET INVESTMENTS
Investments
£
MARKET VALUE
At 1 September 2024 272,232
Revaluations 19,538
At 31 August 2025 291,770
NET BOOK VALUE
At 31 August 2025 291,770
At 31 August 2024 272,232
There were no investment assets outside the UK.
Cost or valuation at 31 August 2025 is represented by:
Investments
£
Valuation in 2025 291,770

Investments relate to 8,924 units held in the Scottish Episcopal Church Unit Trust Pool.

12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/25 31/8/24
£ £
Trade debtors 2,022 250
Other debtors 6,267 13,564
Prepayments 2,162
10,451 13,814

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continued...

Docusign Envelope ID: D75214BF-7706-4CB7-91AE-8D1DA372BA2B

Holy Trinity Church of Haddington

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

13. CREDITORS: AMOUNTS FALLING DUE WITIIlN ONE YEAR

31/8/25 31/8/24
£ £
Trade creditors (843) 1,776
Other creditors 3,925 3,589
3,082 5,365

14. MOVEMENT IN FUNDS

14.
MOVEMENTINFUNDS
Unrestricted funds
General fund
Restricted funds
Trinity Centre Improvement Fund
Organ Restoration Fund
Quinquennial Fund		 Net
At 1/9/24
movement
infunds
At
31/8/25
£
£
£
336,031
28,595
364,626
192,000
(6,400)
185,600
2,277
2,277
8,456
8,456
TOTAL FUNDS 202,733
538,764		 (6,400)
196,333
22,195
560,959

Net movement in funds, included in the above are as follows:

Incoming
resources
£
Unrestricted funds
General fund
135,811
Restricted funds
Trinity Centre Improvement Fund
TOTALFUNDS
135,811		 Resources
Gains and
Movement
expended
losses
in funds
£
£
£
(126,754)
19,538
28,595
(6,400)
(6,400)
(133,154)
19,538
22,195

Page 15

continued...

Docusign Envelope ID: D75214BF-7706-4CB7-91AE-8D1DA372BA2B

Holy Trinity Church of Haddington

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

14. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Restricted funds
Trinity Centre Improvement Fund
Organ Restoration Fund
Quinquennial Fund
TOTAL FUNDS		 At1/9/23
£
336,078
198,400
2,277
8,456
209,133
545,211		 Net
movement
At
in funds
31/8/24
£
£
(47)
336,031
(6,400)
192,000
2,277
8,456
(6,400)
202,733
(6,447)
538,764

Comparative net movement in funds, included in the above are as follows:

Incoming
resources
£
Unrestricted funds
General fund
131,388
Restricted funds
Trinity Centre Improvement Fund
TOTAL FUNDS
131,388		 Resources
expended
£
(160,617)
(6,400)
(167,017)		 Gains and
losses
£
Movement
in funds
£
29,182
(47)
(6,400)		 Gains and
losses
£
Movement
in funds
£
29,182
(47)
(6,400)
29,182 (6,447)

A current year 12 months and prior year 12 months combined position is as follows:

At 1/9/23
£
Unrestricted funds
General fund
336,078
Restricted funds
Trinity Centre Improvement Fund
198,400
Organ Restoration Fund
2,277
Quinquennial Fund
8,456
209,133
TOTAL FUNDS
545,211		 Net
movement
in funds
£
28,548
(12,800)
(12,800)
15,748		 At
31/8/25
£
364,626
185,600
2,277
8,456
196,333
560,959

Page 16

continued...

Docusign Envelope ID: D75214BF-7706-4CB7-91AE-8D1DA372BA2B

Holy Trinity Church of Haddington

Notes to the Financial Statements - continued for the Year Ended 31 August 2025

14. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:


as follows:
Unrestricted funds
General fund
Restricted funds
Trinity Centre Improvement Fund
TOTALFUNDS		 Incoming
resources
£
267,199
267,199		 Resources
expended
£
Gains and
losses
£
Movement
in funds
£
(287,371)
48,720
28,548
(12,800)
(12,800)
{300,171)
48,720
15,748

Unrestricted funds are available for use at the Vestry's discretion in furtherance of the Church's objectives. Restricted funds are those given for specific purposes. Designated funds are unrestricted funds that have been allocated to a specific purpose by the Vestry. Holy Trinity has the following funds:

Unrestricted funds

Funds held for the general work: of the Church.

Restricted Funds

Trinity Centre Improvement Fund

Funds raised including the Big Lottery Fund to provide extended facilities for community use at the Trinity Centre.

Organ Restoration Fund

Funds raised to carry out restoration and repair work to the church organ.

Quinquennial Fund

Funds raised or expensed to carry out repair work to the Church, the Rectory and the Trinity Centre arising from the Quinquennial Review.

15. RELATED PARTY, TRUSTEE AND KEY MANAGEMENT REMUNERATION

The parent charity is the General Synod of the Scottish Episcopal Church (SC015962).

Except for the Rector, no member of the Vestry received remuneration of reimbursement of expenses, other than reimbursement of purchases made on behalf of the Church. The Rector is ex officio a member of the Vestry and a Trustee, and receives remuneration, benefits and reimbursement of expenses in respect of services as stipendiary cleric in line with scales determined by General Synod of the Scottish Episcopal Church. Key management remuneration for the year was £33,868 ,per Note 8.

Page 17

Docusign Envelope ID: D75214BF-7706-4CB7-91AE-8D1DA372BA2B

Holy Trinity Church of Haddington

Detailed Statement of Financial Activities for the Year Ended 31 August 2025

Unrestricted
funds
£
INCOME AND ENDOWMENTS
Donations and legacies
Congregational giving
60,222
Donations
9,275
Gift aid
14,757
Legacies
Grants
2,869
87,123
Investment income
Investment income
8,835
Charitable activities
Trinity Centre users
22,989
Church use
15,076
Fundraising & special coll.
1,788
39,853
Total incoming resources
135,811
EXPENDITURE
Charitable activities
Stipend & national insurance
33,868
Pensions
8,573
Conference costs
3,770
Rectory council tax
3,871
Rectory insurance
2,162
Rectory heat & light
1,596
Telephone
472
Rectory maintenance
201
Travel expenses
16
Altar supplies
1,272
Organist fees
3,070
Organ and music
1,370
Church maintenance
11,447
Church insurance
12,112
Church heat & light
4,552
Church cleaning
1,024
Garden & grounds
254
Depreciation
2,665
Church telephone
270
Postages, stationery & IT
224
Photocopier
5,617
Carried forward
98,406		 31/8/25
31/8/24
Restricted
Total
Total
funds
funds
funds
£
£
£
60,222
60,158
9,275
1,048
14,757
13,564
2,500
2,869
13,119
87,123
90,389
8,835
7,764
22,989
20,584
15,076
10,902
1,788
1,749
39,853
33,235
135,811
131,388
33,868
34,237
8,573
10,366
3,770
3,871
3,315
2,162
1,995
1,596
831
472
455
201
314
16
28
1,272
956
3,070
3,320
1,370
1,268
11,447
50,340
12,112
11,468
4,552
3,365
1,024
1,730
254
1,132
2,665
2,765
270
249
224
576
5,617
4,189
98,406
132,899

This page does not form part of the statutory financial statements

Page 18

Docusign Envelope ID: D75214BF-7706-4CB7-91AE-8D1DA372BA2B

Holy Trinity Church of Haddington

Detailed Statement of Financial Activities for the Year Ended 31 August 2025

Charitable activities
Brought forward
Communication expenses
Rector's mileage allowance
Advertising
Quota - pay dicoese
Charitable giving & donations
Support costs
Management
TC insurance
TC heat & light
TC telephone
TC cleaning
Sundries
TC maintenance
Depreciation of tangible and heritage assets
Governance costs
Accountancy and legal fees
Total resources expended
Net (expenditure)/income before gains and
losses
Realised recognised gains and losses
Unrealised gains/losses
Net (expenditure)/income		 Unrestricted
funds
£
98,406
493
708
150
8,902
179		 31/8/25
31/8/24
Restricted
Total
Total
funds
funds
funds
£
£
£
98,406
132,899
493
387
708
818
150
188
8,902
7,316
179
1,780
108,838
143,388
2,975
3,402
3,380
2,516
310
249
4,083
3,878
226
344
3,461
1,926
6,400
6,854
6,817
6,400
21,295
19,132
3,021
4,497
6,400
133,154
167,017
(6,400)
2,657
(35,629)
19,538
29,182
{6,400)
22,195
{6,447)
108,838
2,975
3,386
310
4,083
226
3,461
454
14,895
3,021
126,754
9,057
19,538
28,595

This page does not form part of the statutory financial statements

Page 19