Charity registration number SC004696 Iscotlandl
CATHEDRAL CHURCH OF ST. PAUL
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025

CATHEDRAL CHURCH OF ST. PAUL
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Paul Haslie
Ross Cavanagh
Aileen Black
Th& Very Revd. Roxanne Campbell
Carol Davidson
Alan Slaler
Au¥elia Arun
Catherine Mitchell
Bryn Richardson
Jaap Jacobs
Bob Main
Clint Bolik
(Appointed 24 November 2C1241
(Appointed 24 November 2L1241
(Appointed 24 November 20241
{Appointed 19 August 20251
Charity number IS¢otlandl
SC004696
Prlnclpal address
Castlehill House
1 High Street
Dundoe
DDI 1TD
Indeptrndent examln8r
BK Plus Limited
144 Nelhergale
Dundee
DD14EB
Bankers
Virgin Money
Chiefoffi
High Street
Dunclee
DD1 1SS

CATHEDRAL CHURCH OF ST. PAUL
CONTENTS
Page
Trustees. report
Independent examiner's repoil
Stalament of finanGial a¢livilies
Balance sheet
Notes lo the financial statements
1L)-25

CATHEDRAL CHURCH OF ST. PAUL
TRUSTEES. REPORT (INCLUDING REPORT OF THE VESTRY)
FOR THE YEAR ENDED 31 AUGUST 2025
The trustees present their report and accounts for the year ended 31 August 2025.
For the purposes of Scottish Gharily Law, the members of the Vestry are charitable trustees of the Charity
The accounts have been prepared in 8ccordance with the accounting policies sel out in note 1 to accounts
and comply with the Church's governing document. the Charities and Trustee Inveslmenl {Scollgnd) Act 2005.
the Charities AcGounls (Scollandl Règulations 2006 las arnendedl and 'Accounling and Reporting by Charities..
Slalemenl of Recommended Practice applicable to charities preparing their accounts in a¢¢ord2nce with the
Financial Reporting Standaid applicable in the UK and Republic of Ireland IFRS 1021. las amended for
accounting peiiods ¢ommen¢ing Irc>m 1 January 20191
Objectlves and aGtivltles
The Vestry are the charity Trustees of the Cathedral and their role, as outlinèd in Canon 60 of the Code ol
Canons of the Scottish Episcopal Church is lo 'cooperate wilh and generally assist the Rector in all matters
rÉ>laling lo Ihe spirAtual welfare of Ilie congregation and the Inissin of the whols Church...
The mission of the Cathedral Vesty is guided by four key aims.. worship, comrnunty, discipleship. and the
slewarL%ship of resouices.
1. Worship
The Vestry's goals for worship include maintaining a regular rhythm of prayer and devotion lo God while nurturing
an open and inclusive liturgy that embodies the welcoming elhos ol the Scottish Episcopal Church. Worship is
not an end in itself, bul is intended lo shape lives ol faith. dis¢ipleship, and service in the world. The C8lhedral
seeks lo remain al the forefront of liturgical development within the SEC Iradilion, drswing creatively on words,
music. silence. space. and movement lo enrich the worshipping life of the community. In addition, it provides
liturgical resources lo the Diocese and sliives lo be a spiritual resource for the wider clly.
2. Community
In service lo the community, the Ve51ry seeks lo deepen and bToaden partiapation in the life of the Cathedral,
fostering a spirit ol belonging, cliscip1eship, and shared purpose among its members. Al the same lime, the
CalhedTal stands as a Central place for arts, culture, and heritage within Dundee, conlribuling lo the civic fabric ot
the city and offering a welcoming space where faith and public life can meet. The Vestry also plays an active role
in the wider life of the Diocese and Province and is commilled to strengthening relalionships with other lailh
traditions and community partners, pioviding a place of dialogue, hospitality, and shared endeavour.
3. Discipleship
In disciplèship, the Ve8try is commilled lo nurturing faith that is lived out in action. This includes 5UPPOrting local
and global inilialives Ihel promote justice. lair trade. and improved living conditions for those in need. Emphasis
is pla￿d on advocating lor climate justice, sustainability, and the care of creation a5 central lo Christian witness
today. The Cathedral seeks to be a place of leaching, learning, and theological exploration, equipping people to
grow in lailh and to engage thoughtfully with the challenges of contemporary society and culture. Through this.
tt)e Cathedral community is encouraged lo wnnect worship with daily life, embodying the Gospel in servi￿,
compassion, and hope.
4. Stewardship of Resource8
In stewardship, the Vestry is commilled to ensuring that the Cathedr81 remains a safe, welcoming, and
accessible environment ltsr all. 11 lakes seriOu￿Y the responsibility lo care for, conserve, and enhance the
Cathedral eslale so that il may continue to sèrve future generations. Good governance and operational efficiency
underpin this work, alongside the pursuit of sustainable funding lo resour￿ the Cathedral's mission and ministry.
The Vestry also expresses 8teward5hip Ihfouyh genèrosity, making charitable donations that supw)rt
dls8dvanlaged individuals and Gommunilies locally, nationally. and inlerriallonally.

CATHEDRAL CHURCH OF ST. PAUL
TRUSTEES, REPORT (INCLUDING REPORT OF THE VESTRY) (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
Voluntger Contributlons
The Vestry relies heavily on the lime. skills, and commitmènt of volunteers from the congregation. Their
¢onlribulions are vital in susloining worship services, serving on commillees, maintaining the Cathedral's
premises and fabric. and supporting pastoral and social aclivilies. The VeslTy records ils deep gratitude for all
who give ol their lime and talents so generously. Looking ahead, there remains a ¢onlinuing need lor additional
volunteers with appropriate experience and skillsels lo share in this work. erisuring that the Cathedral's ministry
and missiors can be sustained and slienglhened.
Transitions
The Cathedral began the year in a period of interregnum, follow*ng the departure of the former Provost in August
2024. The Rewd Fioxanlle Campbell was appointed Interim Re¢lor during Ihls period.
Working with the Bishop of Brechin, the Vestry unLlertook a consullalion process with the congregation lo discern
the gifts and skills needed in the next Provost, as well as the priorities of the Cathedral community. An open
reGruilmenl process began in January 2025, with interviews held in early April. Following this, il was announced
that The Rev'd Roxanne Campbell had been appointed lo the post. She was installed as Provost on 31 May
2025. Roxanne is 81ready well known lo the congregation, having previously served as Interim Rector durlng the
Vacancy 2nd earlier as Priest for Outreach. Her appointment has provided conlinully and stability for thè
Cathedral community as il looks lo the lulure with confidencè.
Achievemènts and performance
Thioughoul the period from Septembèr 2024 to August 2025, the Vestry has continued lo work towards ils key
aims in worship. community, discipleship, and stewardship of resources.
In September 2024, the Cathedral wel¢om6d visitors from Ihe Companion Diocese of lowa, and later in the
month observed Climate Sunday. Harv&sl was celebrated in October with a Bring and Share lun¢h, raising funds
for F8re-Share. In November, the Calhedfal hosted a Civic Service rnafking the Dundee-Nablus twinning, with
guests from Nablus all8nding,' this event was supported by the Bishop and Dundee City Council and affiimed Ihe
Cathedral's role in civic life. The year also saw a full pattern of Advent and Christmas worship, with record
attendance at the Advent Carol Service and well-supported Christmas liturgies,
In October 2025 we wèl¢om8d the Aberdegn University Ch8pel Choir lo the Cathedral lo sing Evensong,
enriching our worship and stTrnglhening links with the wider musi¢al and academic community.
In Decembèr, the Cathedral also hosted Ihe High School of Dundee's Carol Service and the University ol
Dundee's Carol Servlce. events which not only shows the Cathedral as a spa¢e lor the city bul also deepens our
partnerships with local inslilltitons and offer opporlunilies for many people lo encounter the Cathedral who might
not otherwise do so.
oly Week and Easter 2025 wère prayerful and well attendad, with thoughtful adaptations lo the li￿rgy. The
Bishop of Brechin presided at key setviees during the year, including the Chrism Mass, Midnight Mass On
Christmas Eve, Easter Sund8y. In June 2025, two young members of the congrègation were confirmed, and
additional lay eucharistic assislants were commissioned.
Hospitality and soclal life continued through posl.seivi¢e ref¥eshmenls, special lunches, and occaslonal events
such as the St Roqu8's Ceilidh in May 2025. The Friends of Sl Paul's hosted lectures and talks, while the
Cathedral continued lo be a venuè for concerts, carol setviees, and cullural events_ The rdaunch of the
Lunchtime Concert Series by the Difeclor of Music brought increased audiences and income.
The Galhedral's pastoral ministry included home communions, visillng, 8nd occasional offices. The pastoral Care
team was refreshed with training in late 2024 and began lo be redeployad in 2025. Services al Benvie Care
Home 81so added an important new strand lo pastoral oulrèach.
The Director of Music hold5 responsibility for the musical life of the Galhedral, provlding oversight of thè choir,
repertoire, and liluTgical planning, and ensuring that music continues lo eniich the worship and wider tninislry ol
the Cathedral. Since his gppoinlmenl in 2025 his gifts 8nd talents have continued to enriGh the musical life of the
Cathedr81.

CATHEDRAL CHURCH OF ST. PAUL
TRUSTEES, REPORT (INCLUDING REPORT OF THE VESTRYI (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
Sevgral weddings and baptisms were celebrated in the Cathédral during the year, along with a small number of
ft¢nerals, marking life's milestones in the midst of Ihe worshipping community.
The Cathedral maintained its weekday ministry of being open for prayer and reflecllon. The Lady Chapel
continued lo develop as a space for private devotion, with thousands of Candles lil and prayers placed in the
prayer box. The provision of prayer Cards was well received, wlh the most PDpular resource being "Finding
Peace,, reflecting the needs of visitors in an unsellled world.
The Cathedral's role in civic and SQGial justice life continued through supporting the work ol Dundee Fighting for
Fairness and the participation ol the Provost in the Dundee Fairness Leadership Panal.
The Young Adults Group, Cornerstone. has conlinu8d ID gather regularly, offering a welcoming spaca lo share
faith, food, and fellowship.
In the area of stewardship, the Vestry undertook significant prop@rty and governance work. Progress ¢ontinued
on the sale of St Roque's Hall and the Commercial property owned in Commercial Street, Dundee, as well as Ihe
clearance and reorganisalion of Cathedral rooms in anlicipalion of losing that sp8¢e. The Vestry also made the
decision lo sell the Cathedral Rectory in the west end of the Cily and lo seek a new Rectory that better aligns
with Nel Zero ambilions and meets the EPC 'C' standard, ensu¥ing a rnore sustainable clergy house for the
future. The sale of Ihe hall and the commercial propety will release funds for key C8thedral devel(pments, most
notably the 518p-free access project, which the Vestry recognises not simply as an ar¢hiteclural impiovemenl bul
as a theologic81 imperative - embodying the Gc>spel call to welcome and equal a￿$$ for all. Plans have been
considered, and a laser and topographic survey have taken place lo confiTm the viability of these plans.
Alongside ac¢Éssibilily, the V951ry has Irealed health and safely as a core imperative, completing a lull renewal
of fire equipment across the sile and commissioning 8 comprehensive alectrical inspection lo ensure the
Cathedral rèmains a safe and compliant environment for all who gaiher heTe.
In November 2024, signlfi"¢ant repairs wete undertaken lo the Cathedral org8n, an essential part of our worship
and musical tradition, cherished by congregation, choiT, and wider community alike. These works @nswe that this
much-loved inslrurnenl will continue lo inspire and enrich our worship for years lo come.
In all thes& ways, the Vestry has sought lo hold together worship. community, discipleship. and stewardship,
enabling Ihe Cathedral lo serve both ils congregation and the wider city.
Financlal review
Overall. the year ended 31 August 2025 gave rise lo afi decrease in Funds of £45,408. There was an increase in
reslricled funds of £2.497 and a decrease in unreslricied funds of £41,905. Donalions from the Trustees of the
Miss E A Kidney's Trust for Sl, Paul's Cathedr81, SC030645, represent nearly half of the incom1r￿ resources
dursng the year.
In terms of the overall bal8nce sheet. during the year the bank balance decreased by £59,977, investments
increased by £14,872 with deblors increasing by £4,354 whilst creditor5 decreased by somè £3,701.
Reserve5 Pollcy
The Vestry's Resgrves Policy is lo maintain resèN8s so that cash and investment income Is suff1cient to me@t
three months, normal operating costs and any other committed exp&ndilure. The unrestricted free funds balances
held al 31 August 2025 were £183,730 which falls within the desired parameter land represents over 7 months,
normal operating costs). The Vestry is currently considering optlDns Ihat seek lo reduce the unrestricted free
funds balances lo bring them more in line with Ihe slated ReseNes policy and this will be progress*1 over the
forthcoming year.
Investment Policy
In prevlous years the Veslry did not invest ils monies other than in ils own bank deposll accounts, however, after
careful consideration approval was given during the 2023-24 financial year to invest the sum of £100,000 in the
Scollish Episcopal Church Unil Trust Pool. Thls investment is viewed as providing a balanced return from
income and capital over the medium lo long term. Legacies received in the form of shares are retained until the
Vestry has a specific purpose for the capital.

CATHEDRAL CHURCH OF ST. PAUL
TRUSTEES. REPORT {INCLUDING REPORT OF THE VESTRY) {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
Rlsk Management
The Iruslees have assessed the major risks lo which the Church is exposed, and are satisfied that systems are in
placts lo mitigate exposur? lo the major risks.
Plans for thè Future
The Vestry will continue ils range of present activities in the foreseesble future. The Vestry aims lo continue ils
revlew of financial plans and budgets.
Structure, govornance and management
The ChurGh is an unin¢orporated as50¢ialion, governed by ils Conslilulion frotn February 2L)20 following that ol
1905 whith has, from lime lo time since, been subject lo amer>dmonls al meetings of the congregation. For the
purposes of Charities Law, the members ol the Vestry are the Charity Trustees of the Church. The Church is 8
member congregation ol the Diocese of Brechin in the Scollish Episcopal Church, The Bishop of Brechin has
pastoral oversight of all congregations within the diocese. and all ¢ongregalions are subject lo the Codé ol
Canons of the Scottish Episcopal Church. In addition lo the Constitution, the Cathedral is also regulated by ils
Stalulès, which set out in delall spe¢ifi¢s appropri81e to a Cathedral within the life of the Diocese and the wider
Chur¢h.
Paul Haslie
Vanessa Moreland-slrange
Arun Bharrat Dhinagar Vaidegi
Ross Gavanagh
Mia Shanks
Aileen Black
The Very Revd. RDxann& Campbell
Martine Van Illersum
Carol Davidson
Alan Slaler
AuTelia Arun
Catherine Mitchell
8iyn Richardson
Jaap Jacobs
Llob Main
Clint Bolik
(Resigned 24 November 20241
IResign8d 24 Nov@mber 20241
{Resigned 19 August 20251
(Resigned 24 November 2024}
(Appointed 24 November 2024}
(Appointed 24 Novetnber 2024)
(Appointed 24 November 20241
(Appointed 19 August 2025}
The membeis of the Vestry normally hold office for three years and are eleclect sl the Annual Meeting of the
Congregation. The Lay Representative who represents the Church al Diocesan Synod is elected annually by the
lay members of the congregation al the Annual Gener81 Meeting. The Vestry Secretary and Treasurer are
appointed by the Vestry. The appointment of the Rector rests with the Bishop, following consullalion with and
5ubje¢l lo the approval of the Vestry or representatives nominated by the congregation lor that purpose. The
Rector shall be the Provost u￿lesS that office has been assumed by the Bishop.
The Vestry has gener81 control and management of the Cathedral and each member of Vèstry is responsible for
making sure that the Cathedral works lo achievè ils charitable objectives. In addition to ctroperaling wilh and
assisting the Rector & Provost in all matters of the spiritual welfare of the congregation and the Tnisgion of the
whole Chur¢h, the Vestry has the care of the finances, properly and fabriG of the Cathedral estate. The Vestry
regularly considers and manages these areas of rÈsponsibilily and receives reports and recommendations from
the Finance Subcommittee and the Property SUL￿0mMIttee.
Day to day management is delegal8d lo the ReGlor and the Cathedral Ministry Team wlth the Vestry aulhorising
policy relating lo temporal affairs and appointing staff. The Rector is responsible for the spiritual affails of the
Church and delegates aspects of the Church's operations lo the Ministry Te8m.

CATHEDRAL CHURCH OF ST. PAUL
TRUSTEES, REPORT (INCLUDING REPORT OF THE VESTRYI (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
In addition lo allending a short induction session, all new Vestry members are provided with a cow ol"Guidance
for Charity Tru$leés issued by the Office of the Scollish Charity Regulator when appointed.
statement of trustees, responsibilltles
The Iruslees are responsible for preparing the Trustees. Report and the accounts in accordance with appli¢able
law and United Kingdom Accounting Standards {Uniled Kingdom Generally Accepted Accounting Praclicel.
The law applicable lo charities in Scotland requires the Ituslees to prepare accounts for each financial year which
give a true and fair view of the stale of affairs of the Church and of thè incoming resou￿5 and application ol
resources of the Church for Ihat year.
In preparing these accounts, the Iruslees are required lo..
select suitable accounting policies and then apply them consislenlly.,
observe th8 methods and principles in the Charities SORP.,
make judgements and estimates that aro reasonable and prudent..
slate whether applicablé accounting standards have been followèd, subject lo any material departuros
disclosed and explained in the accounts., and
prepare the accounts on the going concern basis unless il is inappropriate lo presume that the charity will
continue in operation.
The trustees are responsible for keeping sufficient 8ccounling records that dis¢lose with reasonable accuracy al
any lime the financial position of the Church and enable them lo ensure that the accounts ¢omply with the
Chaiilies and Trustee Investment IS¢ollandl Act 2005, the Gharilies Accounts IS¢olland} Regulations 2006 las
amended) and the provisions of the Conslilulion. They are also responsible for safeguarding the assets ol the
ChurGh and hence lor taking reasonable steps for the prevention 2nd detection of fraud and other irregularities
The trustees, report was approved by th8 Vestry.
The Very R
xanne Campbèll
Dated.. 23 November 2025

CATHEDRAL CHURCH OF ST. PAUL
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF CATHEDRAL CHURCH OF ST. PAUL
I report on the financial slalemenls of the Church for the year Ènded 31 August 2025, which are set out on pages 7
to 25.
RespeGtive responsibllltles of trustees and examlner
The Church's Iiuslees are responsible for the preparation of the financi81 slalements in accordance wtth the terms
of the Charitie5 and Trustee Investment (Scollandl Act 2005 and the Charities Accounts (Scollandl Regulations
2006. The Church Iruslees consider that the audit requiremanl of Regulation 10{1llal-Ic} ol the Chafilies Accounts
(Scollandl Regulations 2006 does not apply.
11 is tny responsibility lo examine the financlal statements as required under section 4411 Ilcl of the Charities and
Twslee Investment IS¢ollandl Act 20C15 and lo stale whether partiwlar mallers have come lo my allenlion.
Basi5 of Independent èxamlnerfs statement
My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scollandl RegLJlalions
2006. An examination includes a réview of the accounting records kept by the charity and a comp8r4scn of the
financial slalemenls presented with those records. It also includes consideration of any unusual items or disclosures
in the financial slalements, and seeking explanations from the trusteés concerning any such matters. The
procedures undèrtaken do not provide all the evidence that would be required in an audit, and consequently I do not
express an audit opinion on the view given by the financial slalemenls.
Independent examiner's statement
In the Course of my examination, no maller has come lo my allenlion
1. which gives me reasonable cause lo believe that in any material respect the reguirements..
lo keep aGcounling records in accordan¢@ with SeGtion 4411 Ila) of the Charities and T¥uslee Investrnenl
{Scollandl Act 2005 and Regulation 4 01 the Charities Accounts Iscollandl Regulations 2006, and
lo prepare financial slalemenls which accord wlh the accounting records and comply with R￿UlatIon 8 of
the Charities Accounts Iscouandl Regulations 2006
have not been mel, or
2. to which, in my opinion, attention should be drawn in order lo enablo a proper understanding of the financial
slateinenls lo be reached.
Ross Grahaffl
BK Plus Limlted
144 Nelhergale
Dundee
DD14E
23 November 2025

CATHEDRAL CHURCH OF ST. PAUL
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2025
Current flnancial year
Unrestrlcted Unrestrlcted Re$lrlcted
funds
funds
funds
general de$lgnatgd
2025
2025
Total
Total
2025
2026
2024
Notes
Donations and legacies
Other trading activities
Investments
167,445
6,919
15,164
8,301
22,595
198,341
6,919
16,163
188,582
5,268
9,044
999
Total Income
189,528
8.301
23,594
221,423
202,894
Raising funds
5.352
5,352
5,217
Charitable adivilies
238,009
13,031
25,311
276.351
268,304
Total expenditure
243,361
13,031
25,311
281,703
273,521
Net outgolng r8s0urc8s before transfers
153,8331
14.7301
11,7171
160.2801
170.6271
Gross transfers betweèn funds
13971
397
Net outgoing resources
other recognlsed galns and losses
Revaluation of tangible fixed assets
154,2301
(4,7301
11,3201
160.2801
170,6271
11,055
3,817
14,872
9,505
Net movement In funds
143,1751
{4,7301
2,497
145,4081
161,1221
Fund balances at 1 September 2024
438,381
18,197
89.642
546,220
607,342
Fund balances at 31 August 2025
395,208
13,467
92.139
50Q,812
546.22U
The statement of financial aclivilies includes all gains and losses re¢ognised in the year. All iwme and oxpenditure
derive from Continuing activities.

CATHEDRAL CHURCH OF ST. PAUL
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST2025
Prlor flnancial year
Unrestrfcted Unrestrlcted Restrlcted
funds
funds
funds
get)eral designatèd
2024
2024
Total
2024
2024
Notes
Donations and legacies
Other trading activrties
Inve51rnenls
171,802
5,268
8,080
9,852
7.128
188,582
5,268
9,Q44
964
Total Incom&
185,150
9,652
8,092
202,894
Raising fund8
5,217
5,217
Charitable activities
234,194
13,255
2Ql,855
268,304
Total expend5ture
239,411
13,255
20,855
273,521
Net outgolng resources before transfers
154,261}
{3,6031
112,7631
170,6271
Gross transfers belwè8n fund8
11.172}
1,172
Net outgoing resources
{55,4331
13.603)
111,5911
170,627)
Other recognised gains and losses
Revaluation of tangible fixed assets
8.726
779
9,505
Net movement in funds
(46,7071
13,8031
110,812}
181,1221
Fund balances al 1 September 2023
485,088
21,800
100,454
607,342
Fund balan¢es at 31 August 2024
438,381
18,197
89.642
546,220

CATHEDRAL CHURCH OF ST. PAUL
BALANCE SHEET
ASAT31AUGUST2025
2025
2024
Not&s
Flxed assets
Tangible assets
Invesltnenls
13
14
224,943
128,670
233,301
113.798
353,613
347,099
Current assets
Debtors
Cash al bank and in harid
16
20.269
133,374
15,915
193,351
153,643
209,266
Credltors: amounts falllllg due wlthin
one year
17
16,4441
{10,1451
Nel curfent assets
147,199
199,121
Total assets less current Ilabllities
500.812
546,220
Income funds
Reslrlclecl fijnds
92,139
89.642
Designated funds
General unreslricled funds
20
13,487
395,206
18,197
438.381
408,673
456.578
500,812
546,220
The finana81 stateme
s were approved by the Trustees on 23 November 2025
Bob Main
Hon. Tre8surer

CATHEDRAL CHURCH OF ST. PAUL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Accounting poliGie$
Charlty Informatlon
Calhedial Church of Sl. Paul is an unincorporated association.
1.1 Basls of preparation
The account8 have been prepared in accordance with the Chuich's governing document, the Charities and
Trustee Investment (Scollandl Act 2005, the ChaTilies Accounts (Scollandl Regulations 2006 las amendedl
and "Accounting and Reporting by Charities". Sl81@ment of Rocommended Practice applicable lo Charities
preparing their a¢¢ounts in accordance with the Financial Repoth'ng Standard applicable in the UK and
Republic of Ireland IFRS 1021" las amended foi aG¢ounling periods commencing f¥om 1 January 20191. The
Church is a Public Benefit Entty as defined by FRS 102.
The Church has taken advantage of the provisions in the SORP lor chaTilies applying FRS 102 Update
BuSletin I not lo prepare a Statement of Cash Flows.
The financial slalaments are prepared in sterling, which is the functional currèncy of the Church. Monetary
amounts in Iheso financial statements are rounded lo thè nearest £.
The financial slalemenls have been pr&pared under the historical cost convention, Imodified lo inclucle the
revaluation of freehold properties and to include investment properties and certain financial instruments al lair
valuel. The principal accounting policies adopted are set out below.
1.2 Golng concern
At the time of approving the financial 51alements, the Iruslees have a reason8ble expectation that the Church
has adequat& resources lo continue in operational existence for the foieseeable future. Thus the ITusle8s
continue to adopt the going concern basis of accounting in preparing the financial slalements.
1.3 Charitable funds
Unreslricled Genaral funds are available for use al the discretion ol the trustees in furtherance of theii
¢harttable objeolives unless the funds have been designated for other purposes.
Designaled fvnds comprise funds which have been sel aside al tha discretion of the Iruslees for specific
purpc>ses. The purposes and uses of the designated ftjnds are Sel out in the notes lo the financial slalements.
Reslricled funds are subject lo spealic conditions by donors or uranlors as lo how they may be used. The
purposes and uses of the reslriGted funds are sel out in the notes lo the fi'nancial statements.
1.4 Income
Congregational giving is accounted for when received. Donalions. legactes and similar income are accounted
for when St Paul's becomes entitled to the income and a reliable eBtimale of the amount lo be received can be
made, Gift Aid recoverable is accounted for on an accruals basis,
Cash don811ons are recognised on receipt. Other donations are recognised once the Church has been notifièd
of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in
relation lo donalions received under GiftAid or deeds of covenant is recognised at the lime of the donation.
Legacies are recognised on recaipl OT otherwise if the Church has been notified of an impending dislribulion,
the amount is known, and receipt is expected. If the atnounl is not known, the legacy is treated as a
conlingenl asset,
1.5 Expendlturè
All expenditure is included on an accruals basis and is rgcognised when there is a leg81 obligation lo pay lor
expencliture. Irrecoverable VAT is included in the related expenditure.
10

CATHEDRAL CHURCH OF ST. PAUL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
Accountlng policies
(Contlnuedl
1.6 Tangible flxed assets
Tangible fixed assets are initially measufed at cost and subsequently measured al cost or valuation, net ol
deprÉci8tion and any impairment losses.
Depreciation is re¢ognised so as lo write off the Gosl or valuation of assets less their residual values over their
useful lives on the following bases-
Rectory
ComTllerGial Slreel, Dundee
Sl. Roque's Hall Improvèmenlg
Fixtures, fittings and equipment
2010 Straight line
2QA slraighl Ilne
10% straight line
25% straight linp
The gain or loss arising on the disposal of an asset is determined as the difference bebNeen the sale procgeds
and the carrying value of the asset, and is récognised in the statement of linan¢ial aclivilies.
1.7 Fixed asset investments
Fixed asset inveslmenls are initially measurecl al Iransacts'on price excluding transaction costs, and are
subsequently measured al fair value al each ieporting date. Changes in lair valuè are recognised in nel
incomellexpendlturel for the year. Transaction costs are expensed as incurred.
1.8 Impalrmenl of fixed a$s•ts
Al &ach reporting end dale, the Church reviews the carrying amounts ol ils tangible assets lo detern)ine
whether there is any indication that those assets have suffered an impainnenl loss. If any such ind￿8110n
6xisls, the recoverable amount of the asset is èstimaled in order to determine the exlenl of the impaiimenl
loss {if any).
1.9 Cash afid cash equlvalents
Cash and cash equivalents include cash in hand. deposits held at ca15 with banks, other short-lerm liquld
investments wilh original malurilies of three months or less, and bank overdrafts. Bank overdrafts are shown
withln borrowrings in current liabilities.
1.10 Flnancial Instruments
The Church has elected lo apply the provisions of Sedion 11 '8asic Financial Inslrumenls, and SeGtiuii 12
'Olher Financial Instruments Issues, of FRS 102 to all of its financial inslrumenls.
Financial instruments are recognised in the Church's balance sheet when the Church becomes paty lo the
GonlraGlual provisions of the instrument.
Financial assets and liabilities are offset. with the nel amounts presented in the finan¢i81 slalemenls, when
there is a legally enforceab5e rlght lo sel off the recognised amounts and thèr8 is an intention lo sellle on a n2t
basis or lo realise the asset and sellle the liabilty simullaneously,
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are inilia1Sy measurèd at
transaction price including transaction costs and are subsequently carried al amortised cost using the effe¢live
inlerèsl method unless the arrangement conslilules a financing transaclion, where the transaction is
measured al the present value ol Ihe future reGeipls discounted al a market rale of interest. Financial asséts
classified as receivable within one year are not amortised.

CATHEDRAL CHURCH OF ST. PAUL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 37 AUGUST 2025
Accounting pollGies
Icontlnued
Baslc financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless
the arrangement ¢onslitutes a financing Iransaclion, where the debt instrument is measured al the present
value of the future payments cliscoLJnled al a market rala of interest. Finan¢ial liabilities classified as payable
wlhin one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using tho effective inlerèsl r818 method.
Trade creditors are obligations lo pay lor goods or services that have been acquired in the ordinary course ol
operation5 from suppliers. Amounts payable afe classified as current liabilities if payment is due within one
year or less. If not, they ale presented as non-currenl liabilities. Trade creditois are rewgnised initially al
transaction price and subsequently measured al amortised cost using the effective interest method.
Derecognition of flnancial Ilabilities
Financial liabilities are derecognised when the Church'8 contractual obligations expire or are clischarged or
cancelled.
1.11 Employae benefits
The cost of any unused holiday entillemenl Is recognised in the period in which the employee's services are
received.
Temiinatlon benefits are recognised immediately as an expense when the Chufch is demonstrably commilled
lo lerminale thé @mploymenl of an employee or lo provide termination benefits.
Critlcal accoLbntlng estimates and judgements
In the application of the Church's accounting poliGies, the trustees arè required lo make judgements,
eslimales and assumptions about the carrying amount of 8ssets and liabilities that are not readily apparent
from other sources. The eslimales and associated assumptions are based on historical expertence and othe¥
factors that are considered lo be relevant. Actual results may differ from these estimates.
The eslim21os ar)d underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting
estimates are recognisèd in th& period in which the èstimate is revised where the revision affects ￿lY that
period, or in the pe.wiod of the revision and future periods where the revision aflects both current and future
periods.
12

CATHEDRAL CHURCH OF ST. PAUL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
Donatlons and legaclès
Unrestricted Unr8$trlcted Rèstricted
funds
funds
funds
gonaral designated
Total
2025
Total
2024
Donations and gifts
Legacitts receivable
Grafils Received
167,232
19,145
186.377
161,788
14,552
12,244
213
8,301
3,450
11,964
167.445
8,301
22.595
198,341
188,582
For the year ended 31 August 2024
171,802
9.652
7.128
188.582
Donatlons and glfts
FWO and gift aid donations
Church collections
Income tax recoverable of GiftAid
Sundry other donations
Donations lor Choral Scholarship
Donations for Swaziland Project
Eileen Kidney's Trust for Sl Paul's
Donations for Le8ch Trust
Donation for Slep Free Access
Donation for Sl Paul's Music
Foundation
Donation for Soup Kitchen
Donation for Bells Appeal
Donation for Resloialion Fund
Donslion lor Organ Fun
Donation for Cornerstone Youth Group
Donation for Voices United
Donation for Candlestand
49.958
11,236
13,887
4,939
49,958
11,236
14,842
4,939
1,415
30
87,212
5,000
2,560
47,915
7,665
13,617
5,79fj
1,200
210
80.000
5,000
29
955
1,415
30
87,212
5,000
2,56LI
154
110
60
7,827
60
7,827
50
16
175
605
539
605
539
167,232
19,145
186.377
161,786
Grants recèlvable for core activitles
Benefacl Trust (formerly All Churches
Trust Limiledl
SEC- Recovery and Renewal Grant
Award
Transitional Slipend Support Grant
Dunderdale Grant
8,301
8.301
9.652
1,250
1,342
213
213
3,450
3.450
213
8,301
3,45
11,964
12,244
13-

CATHEDRAL CHURCH OF ST. PAUL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
Income from othèr tradlny activltles
Unrestrictsd Unrestricted
funds
funds
2025
2024
Fundraising events
6.919
5.268
Investments
Unrestrlctsd Restricted
funds
funds
general
Total
2025
Total
2024
Rental income
Income from listed investments
Interest receivable
11,089
3,653
422
11.Q189
3,819
1.255
4,665
3,151
1,228
166
833
15,164
999
16,163
9,044
For the year ended 31 August 2024
8,080
964
9,044
Expendlture on ralslng funds
Unrestrlcted Unre5trl¢ted
funds
funds
2025
2024
Fundraising and publlcity
Olher fundraising costs
5.352
b.217
14-

W CO O) CQ
) O trj
<0 ￿ o) (w ry)
IfjO* C4i
) v ¢
U)
oov
D O)
ooff)
ttj
Ln ¢4 a)
¢0
)00
¢00
) ¢0 (o
Lo￿0
i (ri ¢ti
(fj crj a)
U)
au>LLO
c c

CATHEDRAL CHURCH OF ST. PAUL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
Descrlptlon of charltabl8 actlvlties
2025
2024
Clergy and Ministry Costs
Stipend - E. Thomson
Stipend Conlribulion- R. Campbell
Stipend - R. Campbell
En7ployers NIC- E. Thomson
Employers NIC- R. Campbell
Clergy Expenses- E. Thomson
Clergy Expenses - R Campbell
Clergy Expensas Assistant
Contributions to pension fund - E. Thomson
Contribution lo pension fund R. Gampbell
Housing Allowance - R. Ca￿p￿ell
33,860
11,000
2,749
151
35.154
1.244
583
213
450
270
10,325
885
1,014
8,573
12,168
57,802
60,837
Worshlp Costs
Communion elements and candles
Worship resources
Junior Church £Nil Reslricled LIY £834
Purchase of Vestmenls/Altai Linens Reslricled
Donation lo Swaziland via Holy Trinity- Restricted
1,164
539
512
1.426
260
1.240
1,171
180
30
2,245
4,277
Fabric Costs
Repairs and Maintenall¢e Cathedral £3,450 Reslricled LIY Nil
Electricity and Gas
Depreclalion
19,364
20,136
607
21,913
15.033
3,514
40,107
40,460
Quota
Quota is paid by Sl Pau5's Cathedral lo Diocese of Brechin lo support the work of the Dlocese
and of the Scottish Episcopal Church as a whole.
During th8 course of the year the Cathedral paid £29.709 in Quota.
Music Costs
Organist- Restricted £3.504
Organ/PianolBells Tuning Repairs - £9,113 Reslricled Lry £14.665
Sundry Expenses- £1,316 ReslTiCted UY £833
Other Musicians Payments- £4,755 ReslNcled LIY £3,171
20,209
11,262
1,316
7,478
15,724
20,147
1,153
5,369
40,265
42,393
16-

CATHEDRAL CHURCH OF ST. PAUL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
Support costs
Support costs
Governance
costs
2025
2024
Telephonè, advertising and slalionery
Church staff
Fabric costs
Other charges
10,396
24,970
60,087
9.222
10.398
24,970
60,087
9,222
9,215
24,982
46,490
6,971
Independent examiners fee
1,548
1,548
1,470
104.675
1,548
106,223
89,128
Analysed between
Charitable activities
104,675
1,548
106,223
89,128
Resources expended on charitable aclivilies include direct costs, grants awarded and support costs. Sltpport
costs, which relate primarily lo non clergy slafl costs and costs asso¢ialed with running the church buildings.
are allribulable lo more than one category. These costs have been apportioned lo the specified c8legorses
based in proportion wtth the direct costs.
10 Trustees
Except for the Provost, no member of the vestry received remunèration or reimbursement ol expenses. other
than reimbursement of purchases made on behalf of the Cathedral. The Provost was ex officio a member ol
the Vestry and a trustee. and received remuneration, benefits and reimbursement of expenses in respect ol
the services as 8 slipendiary cleii¢ in line with scales determined by General Synod of the Scollish Episcopal
Church.
Expenses paid lo the Provost during the year wer6 £21312024 £5941.
11 Employees
The average monthly number of employees during the year was..
2025
Number
2024
Number
No èmployee received emoluments in excess of £60,000.
Certain employees are eligible lo join the Scottish Episcopal Church Pension Fund which 1s a non
conlribulory defined benefit s¢hame wilh benefits based on final pensionable salary. The Provost is and the
interim Rector was the only member of the Fund. Sl Paul's Calhedral is Ljnable lo Identify its sharo of the
underlying assets and liabilities ol the Fund on a consistent and reasonable basis and so accounts for ils
contributions as the scheme was a defined contribution scheme. The contribution ralè is 22% (32.201
There were no eonlributlons oulslanding 8131 August 2025 in relation lo the employees of the Cathedral
Church of St Paul.
Contributions are made to felevanl schemes for other employees.

CATHEDRAL CHURCH OF ST. PAUL
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
12 Taxation
The charity is exempl from laxalion on its activities because all its income is applied for charitable purposes.
13 Tangiblè flxed assets
Rectory CDmm8rcial
straot, Dundee
St. Roque s
Hall
Improvements
Fixtur8S.
fTrttlng8 and
equlpment
T¢>tal
Cost
Al 1 September 2024
200,000
187,575
64,962
51,302
503,839
At 31 August 2025
200,000
187.575
64,962
51,302
503,839
Depreclatlon and Impairment
At 1 September 2024
Deprèciation Charged in the year
68,OOQI
4,000
87,488
3,751
64,962
50,088
607
270,538
8,358
Al 31 August 2025
72,000
91,239
64,962
50,695
278,896
Carrylng amount
Al 31 August 2025
128,000
96,338
607
224,943
Al 31 August 2024
132,000
100,087
1,214
233,3L)1
Fixed assets not included in the balance sheet.,
Cathedral Church of Sl. Paul, 1 High Street, Dundee
Casllehill House and ground, 1 High Street, Dundee
Sl. Roque's Hall, 1 High Street, Dundee
The Church buildings, Gonsisling of thè Cathedral, Gasllehill House and grounds and Sl. Roque's Halls.
located in High Street, Dundee are owned by Thè Cathedral Church of St. Paul. The original Costs ol these
as5els and the cost of improvemcnts prio." lo the restoration works are not known and have not hepn included
because, in the opinion of the Vestry, the cost of professionally valuing them lo include a value in the accounts
outweighs the benefits lo users ol the accounts.
14 Flxed asset Investments
Unlisted
InvestmerEtS
Cost or valuatlon
Al 1 September 2024
Valuation changes
113.798
14.872
Al 31 August 2025
128,670
Carrylng amount
Al 31 August 2025
128,670
At 31 August 2024
113.798
18-

CATHEDRAL CHURCH OF ST. PAUL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
15 Flnanclal instrumènts
2025
2024
Carrying amount of financial assets
Instruments measured at laii value through profit or loss
128.670
113,798
16 Debtors
2025
2024
Amounts falllng due wlthin one y&ar'.
Trada doblors
Prepayments and accrued income
1 5,622
4,647
14,546
1,369
20,269
15,915
17 Creditors: amounts falSlng due wlthin one year
2025
2024
other crèditors
6,444
10.145
18 Designatèd funds
Funds sel asidè by the Vestry. The Veslry decsded that the grants received from Benelacl Trust slK)uld only
be spent on specific one off projects. The balance carried forward will be used once future special projects
have been identified.
At1
September
2024
Incoming
resources
Resources At 31 August
expended
2025
Benefact Trust
18,197
8,301
113,031)
13.467
Pr8vious year:
At1
Septembèr
2023
Incomlno
resour¢es
Resources At 31 August
expended
2024
Benefacl Tru81
21,8QO
9,652
113,255)
18,197
19-

CATHEDRAL CHURCH OF ST. PAUL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
19 Restrictèd funds
The restricted funds of the charlty comprise the unexpended balances ol donations and grants held on trust subject to
specific conditions by donors as lo how they may be used.
At1
Septomber
2024
Incomlng
reSoU￿eS
ReSoU￿eS
trxpènded
Transfers
Galns and At 31 August
losses
2025
Restoration Fund
Jenny Wren award
Phyllis Guild Music
Foundation
Voicas United
Sl Paul's Music
Foundation
Slep free access
Choral scholarship fund
Swaziland project
Leach Trust Fund
Choir room shelving
fund
Soup kitchen fund
Sound system fund
Lady Chapel Chair Fund
Youth Worker
Candle stanLf fund
Bell Appeal
Organ Fund
Dundttrdale Grant
25,076
183
1,059
3,817
29,952
183
2.672
175
15051
2,167
930
755
167
35,452
1,156
363
9,574
154
2,560
1,691
30
5,000
1718)
12,8051
11,2001
1301
17,0591
397
35,407
1,647
363
7,515
335
323
472
300
126
335
323
380
300
126
{921
539
{5391
12,297
971
12,297
214
8,356
3,450
{9,1131
{3,4501
89,642
23,594
125,3111
397
3,817
92.139
-20-

CATHEDRAL CHURCH OF ST. PAUL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
19 Rgstricted funds
{Contlnugdl
Previous year:
At1
September
2023
Incomlng
resources
ResourG&$
expended
Transfers
Gains and At 31 August
losses
2024
Resloralion Fund
Qr Hodgson's bequest
Jenny Wren award
Phyllis Guild Mu$1¢
Foundation
Voices United
Sl Paul's Music
Foundation
step free access
Choral scholarship fund
Swaziland project
Leach Trust Fund
Choir room shelving
fund
SDUP kitchen fund
Sound system fund
Lady Chapel Chair Fund
Youth Worker
VeslmentlAltsr Linens
Bell Appeal
Organ Fund
23.333
14,665
183
964
779
25,076
114,6651
183
2,672
2,672
175
175
1.00
35.423
560
281
6,889
1833}
167
35,452
1,156
363
9.574
29
1,452
262
5,000
1856}
1180)
12,3151
335
320
472
300
944
335
323
472
300
126
18341
11,1721
1,172
12.169
9D8
128
83
12,297
971
1 GIO,454
8,092
{20,8551
1,172
779
89,642
21

CATHEDRAL CHURCH OF ST. PAUL
NOTES TO THE FINANCIAL STATEMENTS (CONTINLIEDI
FOR THE YEAR ENDED 31 AUGUST 2025
19 Restricted funds
Iconlinuedl
Restoration Fund - Fund5 held for a phased resloralion of the Cathedral buildings. All appeal funds and grants given
specifically lor resloralion have been credited to the Resloralion Fund which has been used lo finance the works. A11
elements ol the works have beén calegorised as repair5 and have been Irealed as revenue expenditure and ¢harged
lo the Resloralion Fund.
Dr Hodgson's b•quest - Bequest to the Vestry for an endowment fund. On 22nd March 2023 OSCR approved Ihe
reorganisalion ol the I￿nd, this was lo be used for repair and upgrade of the Cathedral organ. This has now been fully
ulili5ed.
Jenny Wren award - Funds held for the raslricted purposes of providing an award lo the best chorister.
Phyllis Gulld Muslc Foundatlon Funds held for the rBstricled purposes ol pur¢hasing sheèt music for the Choir.
st Paul's Muslc Foundatlon - Funds held for the reslri¢l8d purpose of supporting music in the Cathedral.
step Free A¢cess- Funds held lor the ￿$tricted purpose of investigalinu and implementing access to the Cathedral
for all including differenlly abled people. older people using walking alds and young parenls with pushchairs.
Choral Scholarship Fund - Funds held for the reslri¢led purpose of awarding annu81 Choral Scholarships lo school
children aged belwe8n fourteen and eighleen years of age or per service Choral Scholarship to peisons who are more
than eighteen years ol age bul who ale in lull-lime further education.
Swazlland Project - Funds held lor the raslricled purpose of supporting work in the Dio¢ese of Swaziland, in eswalini.
Leach Trust Fund - Funds held for the promotion of music.
Cholr Room Shelvlny Proje¢t- Funds held for shelving in the Ghoir room.
Soup Kitchen Fund - Funds held foi the provision of food for homeless.
Sound System Fund Funds held lor the renewal of sound system.
Lady Chap81 Chalr Fund - Funds hèld for the renew81 of chairs.
Youth Worker- Funds held lor youth worker costs.
VestmentlAltar Linens- Fund5 held for purchase of veslmenuallar lin&ns.
Bell Appeal - Funds held for the purpose of augrnenling the current ring ol bells.
Organ Fund - Fund5 hgld for the repair and maintenance of the organ.
Voices Unlted - Funds held lor the reslricled purposes of funding a portion of a Ghoral Scho￿T,s annual bursary,, for
the maintenance and tuning of musical instruments wthin the Cathedral,. and the acquisition of new Choir resources.
Durkderdala Grant- Funds re￿IVed lo be used toward the cost of new signage.
Candle Stand Fund - Funds received lo pay for a new ¢8ndle sland.
-22-

CATHEDRAL CHURCH OF ST. PAUL
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
20 Unrestricted funds
At1
September
2024
Incomlny
resources
Resources
exptsnded
Transfers
GaSns and At 31 August
losses
2025
General funds
438,381
189,528
1243,3811
1397)
11,055
395,206
Prevlous year-
At1
Sèptèmber
2023
Incoming
resource5
Resources
exponded
Transfers
Galns and At 31 August
losses
2024
General hjnds
485,088
185,150
1239,4111
11,1721
8,726
438,381
21 Analysis of net assets betwoen funds
Unrestrl¢ted Unrestrlctod
funds
funds
general
deslgnated
2025
2025
Restrlctsd
funds
Total
2025
2025
At 31 August 2025:
Tangible assets
Inveslrnenls
Current asselsllliabilities)
224.943
120,513
49,750
224,943
128,670
147,199
8,157
83,982
13,467
395,206
13.467
92.139
500,812
Unrèstricted Unrestricted
funds
funds
general designated
2024
2024
Restrlcted
fiinds
Total
2024
2024
At 31 August 2024..
Tangible assets
Investments
Current asselsllliabililiesl
233,301
109.458
95,622
233,301
1fj3.798
199,121
4,340
85,302
18,197
438,381
18.197
89.642
546,22C>
-23-

CATHEDRAL CHURCH OF ST. PAUL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
22 Financlal commltmenls, guarantees and contlnggnt liabllltles
Al 31 August 2025 thè charity was commilled lo making the following payments in the year lo 31 August 2C>28
Agreements which expire".
2025
2024
Within 1 year
Within 2 - 5 years
1,717
1.717
1,717
1,717
23 Rolated party transactlons
ILfentifiablè donations fiom Trustees amount to £9,90012024 £8,356).
R&muneratlon of key management personnèl
As well as the Vestry, the key management personnel are the ministry team. The amount pai
lo the key management personnel is detailed at note 8.
-24-

CATHEDRAL CHURCH OF ST. PAUL
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
24 Collectlons for Thlrd Partle5
The following income from Special Collections was received and disbursed during the year".
2025
2024
Starter Pad(s
Fareshare
Dundee Camrs
Cash lor Kids
FONSA
Faith in the Community
Marie Curi8
Sishop's LentAppeal
Tayside Degf Hub
Friends of Sl Pauls
Dundee Guides
ECS
89
160
78
55
648
55
75
70
80
157
105
101
140
Eswalini
Friends Inc
Fairshare
Dundee Bairns
Guide Oogs
Sl Francis Hosp
DFFF
Hot Chocolate
Parish Nurse Project
Scrapanlics
Pickups for Peace
Mid Lin
Pastoral musician leaving donations
Provost leaving donations
Other leaving donations
338
37
10
140
80
75
50
80
72
165
76
1,174
525
100
1.811
J,022
-25-