DRYMEN AND EAST LOCH LOMOND CHURCH OF SCOTLAND [Charity no - SC004824] FINANCIAL STATEMENTS For the year ended 31 December 2025 Approved by the Trustees June 2026 Drymen and East Loch Lomond Church of Scotland Congregational number 281729
Reference and AdministratRve Information Charity Name: Drymen and East Lo¢h Lomond Church of Scotland Main Street Dr>'men G63 OBQ Charity Registration Number: SC004824 Congregation Reference No.. 281729 Contact Address". Rebecca Fleniing I l Havelock Street Helen5burgh G84 7HB Trustees I Session Rev Alex Smeed (Moderator) Allan Annstrong Colin O'Brien June Bain Marie Elder Rebecca Fleming Catriona Munro Mairi Van Looy Rosie Allan Jean Bayfield Rosie Walls Editli McKirdy Barbara Crooks David Arinstrong Douglas Fleming Ann Munro Sally Smeed Anthony Weld Forester Arthur Bayfield Tom Renfrew Principal Office-bearers Enterim Moderator= Dr Peter Murdoch (Retired 25th September 2025) Minister: Rev Alex Smeed (Appoinfrd 25th September 2025) Session Clerk.. Mairi Van Looy Church Tre3surer'. Kenneth Alexander (to January 2026), Rebecca Fleming (from January 2026) Independent examiners bkplus 20 Barnton Street Stirling FK8 INE Bankers The Royal Bank of Scotland plc 24 Douglas Street Milngavie G62 6PB Soli¢itors Holmes McKillop 109 Douglas Street Glasgow G2 4HB
Trustees, Annual Report Year ended 31 December 2025 Structure, Governance and Management Governing Document The Church is administered in accordance with the tenns of the Unitary Constitution approved by the Church of Scotland. Recruitment and Appoinlment of Trustees Members of the Kirk Session are the charity trustees. The Kirk Session members are the elders of the church and are chosen from those tnembers of the church who are committed Christians and considered to have the appropriate gifts and skills. The now fully appointed minister Rev Alex Smeed, who was ele¢t¢d by the congregation and inducted at a service in Balfron Church on Thursday 25, September, is also a member of the Session. The Kirk Session is assisted by members of the congregation who are believed to have the skills and commitment to contribute to the management affairs of the Church. Organisalional Structure The Unitary Constitution was implemented and Meetings of Kirk Session are chaired by the minister and were held 9 times during the year. The Kirk Session is responsible for the spiritual affairs within the Church, the financial affairs of the church and physical aspect of the ¢hur¢h buildings. On 23, Januarv 2025 a service look place in Balfron Chuwh. linking Drymen and East Loch Lomond Church of Scoiland wilh Fintry and Balfron Churrh of Scotland. Objectives and Activities The Church of Scotland is Trinitarian in doctrine. Refomied in tradition and Presbyterian in polity. It exists to glorify God and to w'ork for the advaticement of Christ's Kingdom throughout the world. As a national ChurGh, li acknowledges a distinctive call and duty to bring the ordinances of religion to the people in every parish of Scotland through a territorial ministry. It Co-operates with other Churches in various ecumenical bodies in Scotland and bcyond. Drymen is an Emerging Church and the style of worship is infotinal, endeavouring to blend the traditional with the new. There has been a continuous tradition of Christia Worship on the site for many hundreds of years and Drymen Church ¢cl¢brat¢d the 250 anniversary of the church building. The ancient burial stones pre-date the present Church and bear witrjess to generations of this community long ago. While honouring its heritage, Drymen and East Loch Lomond chUh rejoice5 in a living faith, relevant for today's generation. Achievements and Performance Throughout the year we conlinued lo record services and made th¢m available online for the congregation and wider communily.
Trustees, Annual Report (continued) Year ended 31 December 2025 Morning Worship continued to be held at 10.00 am every Sunday either in person andlor online with the fellowship of coffee after the service. Communion Services have continued during the year on the first Sunday of every month. Prayer.- the church is open each Friday morning from 9.30 to 12.30 for individual or communal prayer. Rouie 66 bible study groups have continued to meet in person or online throughout th¢ y¢aT. Drop-in Coffee mornings are held weekly and Singles lunches, normally twice a year. Both are held the Winnock Hotel Good Companion Lunches for aged 60 + are held on th¢ second Monday of each month and are open to the community. Community coffee hub in the Annex every Tuesday Morning from 10.30 am to 12.00. We look fonvard to starting and resuming more Community event5 in 2026. Fin#nei81 Review Financial Statements ar¢ pr¢sent¢d in the 'R¢ceipts and Payments, format. During the year, income, including Special Collections for other charilies of £3,30412024 - £3,678] totalled £70,73612024 reinstated £227,899]. In the General Funds the donation income from Gift-Aid donations, Free Will Offerings and Open Plate linelusive of Tax recoveredl was £57,462 [2024 - £55.828]' the (deficit) / surplus including restricted funds, and revaluation of investments was (£17,222)12024 reinstafrd - £158,978], of which the accumulated surplus in the General and Designated Reserves was £243,552 [2024 reinstated- £269,199]. Investment powers? poIKcy and performalle¢ The Trustees recognise their responsibilities for the funds of th¢ congregation. At the presenl time the inveslmenis are held by, the Church of Scotland Investors Trust. In deference to the wishes of the General Assembly no investment is made in companies substantially involved in the tobacco, alcohol, gambling or arniaments industrfftes. The Investors Trust is exempt from UK Income and Capital Gains Taxes and all distributions are paid gross. Stewardship The Trustees recognise that the church has come under increasing pr¢ssur¢ to cover its own needs and its obligations to the Mission and Ministries Fund of the Church of Scotland. In order lo meet these obligations the church has continued to Èncrease its income sufficient to Cover it5 own needs and its obligations under Giving for Growth in 2025. It is continuing to be committed to raising funds for oiher charities -local and those with which we have some other relationship. By developing partnerships with aid agencies and food banks. the congregation is now more aware of the needs of others, supporting them by donations of cash and 'in kind,.
Trustees, Annual Report (continued) Year ended 31 December 2025 Reserv¢5 Policy At the year end the Church held unrestricted funds of £243,552 of which £162,492 designated for fabric repairs and maintenance. The Church needs an appropriate level for a eonlingenLy [agreed at 60KI to adequately maintain ihe original 1771 building and kcep the level of accornmodation 'fit for piirposc, The remaining balance is £21,060. The Trustees, polic}, is to hold reseryes of between 6 and l2 months expenditure, in addition to the designated fund. The Church also held £1 0,208 of restricted funds, whirh have been provided for the purposes specified in Note 2. Risk ManagemeDt The 'N¢NN' Church,. new-build Annex and refurbished Church, which opened on 17 April 201 I complies with current H¢alth and Safety legislation. The Health and Safety Policy Statement was initially approved at the Trustees meeting on 25 January 2012 and is kept under review. The church continues to manage its risks through maintenaiiee of Risk Assessment documents. Statement of Trustees, Responsibilities The Trustees are responsible for preparing financial statements, which give sufficient detail to enable an appreciat&on of the transactions of the Church during the financial year. The Trustees i)re responsible for keeping proper accounting records, which on request must reflect the financial position of the Church at that time. This must be done to ensure that the fAnanLial statements comply with the Charilies and Trustee Investment {Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 and the Regulations Anent Congregational Finance approved by the General Assembly of ihe Church of Scotland in 2007. They are also responsible for safeguarding the assels of ihe Church and must take rOnable steps for the prevention andlor detection of fraud and other irregularities. Approved by the Tte¢S and signed on their behalf, Rebecca Fleming Treasurer 16 June 2026
Trustees, Annual Report (continued) Year ended 31 December 2025 Independent Examiner's Report to the Trllste of Drymen East Loch Lomond Church of Scotland I report on the ac¢ount5 of the charity for the year ended 31 December 2025, which are set out on pages 7 to Respective responsibilities of tru$tees and examiner The charity's trustees are responsible for the preparation of the accounts in a¢cordan¢e with the ternis of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006.The charity trustees ¢onsid¢r that th¢ audit requirement of Regulation 10(1) (d) of the Accounts Regulations does nol apply. It is my responsibility to examine the accounts as required under section 44(1} (c} of th¢ Act and to stale whether parti¢ular matters have come to my attention. Basis of independent examiner's Statement My examination is carried out in ac¢ordan¢e with Regulation I l of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting rOrdS kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the eviden¢e that would be required in an audit, and consequently I do not express an audit opinion on the view given by th¢ accounls. Independent examiner's statement In the course of my examination, no matter has come to my attention. which gives me reasonable cause to believe that in any material respect the requirements.. to keep accounting records in accordance with Section 44(1) {a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and to prepare accounts which accord with the accounting records and Comply with Regulation 9 of the 2006 A¢¢ounts Regulations have not been met. or 2. to whi¢h, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 16 Jun¢ 2026 Roberttaylor CA bk plus 20 Barnlon Street Stirling FK8 INE
men and East Loch Lomond Church of S¢otland Recei tsandPa ment5 Account Year ended 31 December 2025 Unrestricted Funds Re5tricied Fuuds Total Total 2024 Reinstated 2025 2025 2025 Recei Note tk)nations 57.462 57,462 55.828 149.i82 10,000 3,305 8,088 84 Transfer of Union Balance Legacies Aetivitie5 for Generatittg Fut&ds Bank & Dew)sit interest Inv¢stm¢nt tncome 2.861 7.042 84 2,861 7,042 84 67,449 67.449 226.687 Rental of premises 2,199 1199 910 Other Receipts 776 312 1,088 302 Total Rvei 1$ 70.424 312 227 899 ments Costs ofgenerating funds Charitable activities Governgnce costs 127 84.647 3.180 84,647 3,180 67,174 1,620 Total Pa ments 87.958 Excess of Receipts over Payments for the year before transfers (17.534) 312 (17,222) 158.978 Exeess of Receipts over Payments for the year 312 158978
men and East Loch Lomond Church of Scotland Statement of Balances At 31 December 2025 Unrestricted Funds Restricted Funds Totsl Total 2024 2025 2025 2025 Reinstated Bank & De osit Balances Bank & deposit balances brought forward Note 262,542 1,342 263,884 104,906 Movement in year: (Deficit)Excess of Receipts over Payments for the year [excl. revaluation of investments] (17,534) 312 (17,222) 158,978 Bank & deposit balances carried forward 245,008 246,662 263,884 nvestments at market value (cost £4,078) 7,098 7,098 6,657 Assets Gift Aid Tax Recoverable 2,712 2,712 4,235 Custorncr Invoices 656 656 1,075 Liabilities IT]depend¢nt Exatniner's fee Supplier invoices 1,750 329 1,750 329 2,079 1,620 1,130 2.750 The accounts were approved by the Kirk Session and Financial Board on 16 June 2026 For and on behalf of the Kirk Session Trust¢e )J JJ- Trustee The notes on pages 9 to I I forn an integral part of these financial Siatements
D men and Easl Loch Lomond Chureh of Seotland Notes to the Accounts l Trustee Remuneration and Related Party Transactions No trustee received any remuneration or reimbursement of expense5 during the year. No trustee or a person related lo a trustee had any personal interest in any contracl or transaction entered into by the charity during the year. Movements in Funds lJan 2025 Reillstated 31 Dec Receipts Payments Adjustments 2025 Unrestricted funds Desigm&¢ed Fabric Funds General Futtd 170,078 99,121 5,634 (13,220) 5.107 162.492 81,060 243 552 Restricted funds Audio Visual 8,554 8,554 719 727 208 10,208 Speetal Collections Flower Fund 407 727 208 312 Youth worker Fund 312 8,554 Total funds 270.541 70,736 87,9581 441 253.760 Pur s¢s of Desi nated F nd Fabri¢ Fund= The Trustees have set aside funds for the maintenance of the ChurLh property Pur ses of Restricted Funds Spe¢ial Collections for Third Parties - Note 7 Flower Fund: This 15 a fund to provide flowers for display during services of worship, funerals and flower festivals. Youth Work Fund.. This is a fund to be uged to support the youth work. 3. Restricted Funds held by the General Trustees 31 Dec 2025 18,177 1,828 489,748 Consolidated Fabric Fund- Revenue Consolidation Fabric Fund- Capithl Consolidated Fabric Fund- Temporary The above Funds are held by The Church of Scotland Trustees on half of Drymen and East Loch Lomond Church of Scotland. The Consolidated Fabric Fund -Temporary reflects the sale of Buchanan Manse.
men and East Loch Lomond Church of Scotland Iyotes to the Accounts continued Unre$lrie¢¢d Funds 2025 R¢stri¢ted Funds 2025 Totsl Totsl 2024 Reinstated 2025 4. Analysis of Donations Schetne 10,364 24,659 12,280 10,159 10,364 24,659 12.280 10,159 8,779 29.991 9,782 6,975 301 Gift Aid t)onations R¢¢overed on Gift Aid Donations Ordinary Offerings Iopen Platel Other Offerings, tknnatEons etc 57.462 57,462 55,828 5 Analysis of Payments Costs of generatÉng funds Offering env¢lopes 131 131 131 131 127 127 Charitable activities Ministries & Ntission allocation 44,341 1,180 1,347 5,001 12.936 5,903 3,823 1,641 I,046 1,715 115 44,341 1,180 1,347 5,001 12,936 5.903 3,823 1,641 1,046 1,715 115 22,906 878 1,475 16,243 5.672 9.054 2.625 1,580 1,215 386 127 Presbytery dues Minister ¢xpefjs¢s Pulpit supply Fabric r¢paiTS & maint¢nan¢e Heat and light Insurance Other building Cost5 Church otTice expen5¢5 Orgart & musi¢ Printing, stationery and postag¢ Other expenses 5,599 84,647 5.599 84,647 5.013 67,174 Goverllance eosts Independent examiner's fees 3,180 3,180 1,620 Other payTneDts Purch&se of assets Purch&se of investments 87,827 87,827 68,794 10
en and East Loch Lomond Church of Scotland Notes to the Accounts continued Minister's Stipend All Church of Sootland congregations contribute to the National Stipend FLEnd which bears the costs of all ministers, stip¢nd5 and employeEs contributions for national insurance, pension and housing and loan fiEnd. Ministers, stipends are paid in accordance with the national stipend scale, which is related to years of service. For the year under review the minimum stipend was £32,433 and the maximum stipend (in the fifth and subsequent years) £39,856. CollectRons for ThArd Parties Collections for Third Parties 2025 2024 Reinslated Gala Chistian Hospital Eric Liddell Foundation Preshal Trust Christian Aid Erskine Glasgow City Mission Stsrt Up Stirling Tear Fund Total 321 1,334 169 535 162 188 ,290 428 214 362 1,160 819