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** **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 Page I 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. Page 2 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. Page 3 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: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the applicable Charities SORP; - make judgments and estimates that are reasonable and prudent; - state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; -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. Page 4 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: Page 5 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: - accounting records were not kept in respect ofthe Trust as required by Section 130 ofthe Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content ofaccounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part ofan independent examination. 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: ............................................. Page 6 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 Page7 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 Page 8 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. - Trinity Centre Improvements Straight line over 50 years - Furnishings & Equipment 10% on reducing balance and 5% on cost 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. Page 9 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** ## **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| Page 10 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** ## 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. Page 11 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** ## **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| Page 12 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** |`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. Page 13 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** ## **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| Page 14 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.**
**MOVEMENT**IN**FUNDS**||| |---|---|---| |**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**|**At**1/9/23
£
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