The Chur¢h of Scotland
Forfar: E￿t, Old & Inv¢rarity PArish Church
ANNUAL REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Congregation No: 281714
Scottish Cknarity No: SC004921

FORFAR.. EAST, OLD AND INVERARITY CHUEiCH OF SCOTLAND
Trustees, Repgrt
Year ended 31 Decernber 2025
The Trustees present their onnual report and fu]ancial statements of the charity for the year ended 31 December
2025. Th¢ financial 51at¢m¢nts hav¢ be¢n prepared in a¢cordance with the accounting policies set out QD pages
9 and 10 of the accounts and comply with the General Assembly Regulations for Congregational Finance,
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 (FRS102) effectiv¢ from l January 2019 and the Financial Reporting Standard applicable in the UK and
Republic tsf Ireland IFRS102), the Charities and Trustee InvestTnent (Scotland) Act 2(X)5 and the Charities
Accounts {S¢otland} R¢gulati0115 2006 (a5 amended).
Objectives and Aetivitles
The Church of Scoilond is Trinitarian tn doctrink Refomied in tradition and Presbyterian in polity. It exists to
glorify God and to work for the advancemertt of Christ's Kingdom throughout the world. As a national Church,
it acknowl¢dg¢s a distinctive call and duty to bring ordinances of religion to people in every parish of Scotland
through a territorial ministy. It co-operates with other Churches in various ecuTnenical bodtes in Scotland 2nd
beyond.
Reverend Tommy MacGregor was installed as our Minister in November 2025 bringing to an end a peri(xl of
Ya¢an¢y lasting some eighteen months. The Congregation continues to seek to fvlfil the Church of Scotland's
Five Marks of Mission under his leadership. Covering both town and rural parishes, we continue to develop
joint initiative$ and identify areas in which we can be most eff￿lIVe.
Our Worship Team continue to support our Minister in providing weekly services at both churches every
Sunday morning, and an early morning breakfast service on the first Sunday of the month. They a150 regularly
conduct seThices in residential and care homes, often accompanied by our musical group. Accord. Our midweek
reflection is posted online for the congregation to access and is enjoyed by many far and wide. Our Minister has
had support from different members of the Kirk Session and Congregatton to share Bible readings, prayers,
social ¢v¢nts and c¢lebrate special occasions. Our Prayer Group and Bible Study Group continue to meet
regularly including events with other faith groups in Forfar. The annual Christmas Eve Nativity at Inverariry
and Christingle Service at East & Old welcomed many current, forni¢r and potent5al melnbers with the
combined retiring collection being donated to donated to Forfar Open Garden and Angus Women's Aid. We
also supported the Angu5 Toy Appeal.
OUT Sunday School meets ¢v¢ry Sunday throughout the year at Inverdrity Church and Hall, taking part in
various activities 8nd crafts whilst leaming abotsi God'5 world and creation. Their pre-Chri8thJ8s Cakes, Carols
& The Big Brdss Band service was enjoyed by family and friends. The Sunday school has a rolling Progrdmme
of events to raise money to help with the upkeep of Jeannie, a pony at An8U5 RDA.
The Congregation organised a number of events for families to enjoy during in-service days and ￿h0o1
holidays. the biggest eveni being our Family Fun Day in August. Our Minister, &8 Chaplain continued to work
closely with Inverarity & Strathmore Primary Schools with both schools holding regular events in th¢ir
respective Churches. Our Forfar based Family Worker continues to run Baby Blether & Toddler Time groups
on a weekly basis, aimed at children from birth- 5 years. The Lego Club caters for school age children.
Cosy Comer runs every Wednesday 2nd the monthly Souper Friday eommunity illitiative continues io offer an
opportunity for residents or those who have connections to the Inverarity area to come together for food and
chatter. helping to combat rural isolation and raising fi￿d5 for local charities along the way. Our Musi¢ Café
welcomes all from the community but is particularly aimed at dementia sufferers and their carers.
Various social ¢vents were organised throughout the year at both ¢hur¢h¢s in¢luding organ reeitsls, concerts,
local heritage talks. tsble qui72es, folk music nights, coffee mornings and Bums Supper.
Achievement$ and Perforrnance
The Congregation has a number of teams contributing to the njnning and the ongoing Work and mission of the
Church.
The Big Kirk Shop. which celebrated it's 10 anniversary, has had another successful year. providing income to
support our missional a¢tivities and continues to be an asset to the Church.

FORFAR.. EAST, OLD AND INVERARITY CHURCH OF SCOTLAND
Trustees, Report
Year ended 31 December 2025
The Green TeaTn becaTne oneof only a handfi]S in Scotland to have suc¢¢$5fully a¢hiev¢d Eco Church Gold Award.
Th¢ Inv¢Tarity Team promotes rurnl mission and engagement. Run by OUT Family Workers and volunteers, the
Kids Club meets three afternoons a w¢¢k in t¢mi tim¢. We assisted RSABI a5 a pilot location for their Plough
On initiatiye, designed to combat Nral loneliness and isolation felt by many retired fanners and farn) worker&.
The P&storal ieam ¢ontinue to r￿h out to all our members in the community
The Property Team manage the ongoing maintenance of the fabric of the con￿egation. Inverarity Church and
hall benefitted from external refvrbishment and a kitchen upgrade whilst the manse need¢d some internal
improvements in preparation for our Minister moving in. A new church office was estsblished within East & Old
buildings.
The Media Team supports Sunday Worship and leads the Congregation presence on Social Media. As we seek to
becorne tnore ac¢essible for all forms of worship and outreach, we have Envested signifi¢antiy in our IT and audio
visual facili(ies, addressing unreliable internet connectivity. improving live strearning capabilitses in East & Old
and enabling vpriou5 committ¢e5 to have hybrid in pers￿10￿1]ne meetings.
Financial Review
Inetstne- The principal SOUTces of income for the op¢rati(Trn of the Churth are w¢¢kly and P¢Tiodic fre¢will
offerings. Freewill Offerings (without gift aid) were £13.135 compared with £14279 last year. A number of
members provide additional benefil by p8rti¢ipating in the naiional Gift Aid Scheme, 50 that the Chuwh is able
to reclaim tax already paid on donations. For each £1 of donations the church receives an additional 25p of tax
reclairn. In 2025 w¢ rnanaged io reclaim £9,418 of tsx. A150 renting out rootn5 within the Church and the
Church Hall to external organisations we managed to raise £23.448.
Expenditure- The principal head ofexpenditure for the Congregation is to the Nation21 Ministy and Mission
Fund which amounted to £74.928. The ¢ontribution required from each local church is allocated yearly by the
Church of Scotland on the basis of averaged general income over the proceeding 3 years for individual
chU￿h¢S. The amount may also be marginally adjusted by the local Presbytery. The congregation's
contribution to the national bjnd are paid in 12 instalmenis per year and from this. stipends are paid on a
national 5¢ale to individual minist¢r5. D¢tsils of oth¢r items of expenditure may be seen in note to the a￿Ounts.
We have raised funds and donated to a number of different charities throughout 2025. These are detsiled in note
15 to the accounts (page 17)-
Risk Manag¢meDt
We Continue io monitor our General Account as our outgoti)gs continue to incre&se and look at different ways to
increase our General Incom¢.
Reserves Policy
The Charity tNstees have considered the reserves required and have considered their Current and future
liabilities. It is the Trnstees. policy to hold reserves of approximately 6 rnonths expenditure including
designated fiu)ds.
The Church also held restricted and endowment funds as detailed in note 14 to the accounts.
Structure, Governance and Management
The congregation is a registered charity. number SC004921 and is administered in accordance with the tenns of
the D¢¢d of Constitution (Unitary Fom) and is subje¢t to th¢ Acts and Regulations of the G¢n¢rnl Assembly of
the Church of Scotland.
Members of the Kirk Session are the charity INstees. The Kirk Session is made up of elder5 and members of
the congregagion considered to have the appropr2ate gifts and skills. Th¢ minister, who is a member of the Kirk
Session, is elected by the congregation and inducted by the Presbytery. The Kirk Session which meets 6 times
per year is r¢sponsibl¢ Spiritual affairs of th¢ ehurth.

FORFAR.. EAST. OLD AND INVERARITY CHUKCH OF SCOTLAND
Trustees. Report
Year ended 31 December 2025
Refer¢n¢e and Administrativ¢ Inforniation Trustees:
Lexi Smart {Session Clerk) R£5igned Feb 2025; Karen Kelly (Deputy Session Clerk until Feb 2025, Session
Clerk from Feb 2025). Paula Stewart (Treasurer) Resigned Feb 2025" Diane Acheson,. lean Alexander: Sheetfd
Benvie; Alf Birse; Winnie Brown (resigned Jan 20251. Anne CanL Lillian Camegie. Moira Cooper: Dave
Duncan. Marion Duncan {resigned Feb 20251: Irene Duthie. Sheena Ewart; Muriel Fairley. Isabel Farquhars0A;
Doug Findlay,. Susan Forb¢s- Johnny Forb¢s' Katie Gerrard. Laurnine Grant. Esther Kidd,. Robert Kidd, Karen
Liddle- Lawrence Lindsay.. Aileen McKenzie,' Elizabeth McLeod; Catriona Milne (resigned Feb 2025). Heaiher
Munro (resigned Jan 2025)., Margar¢t Myl¢$ (resigned Feb 2025}' David Pale: Helen Pate. Doug Robertson:
Glenda Robertson,. Elma Sitn: Bruce Simpson: Kathryn Smeaton,. Linda Spence. lan stew￿ Jam¢5 Stewart.
Ann Watt; Robin Watt,. Anne Wilson (died Aug 2025),. Gordon Wilson.
Priniepthl Office Be8r¢rs
Minister.. Rey. Thomas McGregor (Inducted Nov 2025)
Session Clerk.. Mrs Lexi Slnart (Resigned Feb 2025)
Mrs Karen Kelly (Appointed Fab 2025)
Deputy Session Clerk-. Mrs Karen Kelly (Resigned Feb 2025}
Church Treasurer.. Mi55 Paula Stewart (Resigned Feb 2025)
Mrs Kathryn SmeatOD (Apwinted Feb 2025. Resigned Oct 2025)
Mrs Diane Acheson )Appointed Oct 2025)
Prinelpal Offiee
East and Old Church
East High Street
Forfar
Charity No.. SC004921
Independent Examiner
J¢nnifer W¢lsh BA(Hons) FCCA
Irvine Adamson
Chthered Accouniattts
Ki￿l¢mulr
Bankers
RBS
65 East High Street
Forfar
Trllstees. Responsiblllties In Rtlatlott to the Finanelal Statemellts

FORFAR: EAST, OLD AND INVERARITY CHURCH OF SCOTLAND
Trustees, Report
Year ended 31 D¢¢emb¢r 2025
Th¢ charity tnjstees are responsible for preparing a trustees, annual report and financial statements in accordance
with applicable law and United Kingdom Accounting Standards (Uni*d Kingdom Generally Accepted
Accounting Praciicel.
The law applicable to charities in Scotland requires the charity trustees to prepare financial 5taf¢m¢nts for each
year which show a true and fair view of the state of affairs of the charity and of the incorning resources and
application of resources, of the charity for that period. In preparing th¢ financial statements, the trustees are
required to:
select suitable accounting policie5 and then apply them ¢onsistently'
observe the rnethod and principles in the appli¢able Charities SORP;
mad¢ judgetnents and estimates that are reasonable and prudent;
state whether applicable accounting standards and statements of recolnmended pra¢tice have been
followel subject to any depamires disclosed and explained in the financiil stktetn¢nts'
prepare the financial statements on the going coneern basts unles5 It 15 inappropriate to pr¢sume that
charity will continue in operational existence.
Th¢ trustee5 are responsible for keeping proper accounting records, which disclose with reasonable accurncy at
any time the financial position of the charity to enable them to ensure that the financial statem¢nts comply with
the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotlandl R¢gulations
2006(as arnend¢d). They ore also responsible for safeguarding the assets of the Chartty and hence for taking
reasonable step5 for th¢ prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the charity and ftt)ancial infomiation ort the
congregation's website. L¢gislation in the United Kingdom goven)ing the preparation and dissemination of
fmancial stsiements may differ from legislation in other jurisdictions.
Approved by the Twste¢s and signed of their behalf
Karen Kelly
Session Cl¢rk
25 May 2026

Forfar: East, Old & Invergrity Parish Church
SCO (104921
llldependent Examiller's Report to the Trustees of Forfar: E#st, Old & IDver&rity Parish Churcb
J report on the accounts of the thatity foT the ye¥end¢d 3 1 Deixjnber 2025 whi¢h sr¢ 5etouton page5 7 to 16.
Rtsp¢¢tive responsibilities of trustees and examiner
The charity's trustees are responsibl¢ for th¢ pttpararion of the accounts irt a¢¢ordan¢e with the terms of the Charities and
TTUStee Investment{Scoilandl 2005 and th¢ Charities Acwunts {Scoilondl Regulations 2006 las am¢nd¢dl.
The charity trustee$ consid¢r that the audit requir¢]n¢rLt of Regulation 10111 la} to Icl of th¢ Accounts Regulations does not
apply. Ii is my responsibiliiy to examin¢ the a¢¢vurtts as T¢quir¢d under S¢¢lioD 44111 {¢) of the Art #nd to state wheih¢r
particular matters have come to my a￿ll(l￿n.
Basis of independent exAmintr's stAtement
My exarnination 15 carried out in accordance with Regulation I l of the Chartties Accounts {Stotlandl Regulations 200618$
am¢ndedl. An exatninatson includes a review ofthe accounting records kept by the charity 2nd a comparison of the accounts
presented with thos¢ re¢oTds. It ais(> in¢ludes consideration of ally unusual it¢ms or di5¢105ures in the accounts 8JJd 5e¢k5
explanations from the irustees eoncerning any su¢h matters. Th¢ pro¢edur¢s undertaken do not provide all the evidence that
would be required in an audiL and consequendy I do not express an auditopinion on the view givetj by the ac¢ounLS.
Independent examiner J statement
Jn the cours¢ of myeXan￿natiOn of the accounts for the year ended 31 DecetTrkr 2025, no mJtt¢T bas com¢ to my att¢nlio
which gtves me reasonable to believe that in any makrial respeti the rcquiret))cnts'.
to k¢¢p acwuJ)ting Tecords Én accordance with Section 4411) lal of the 2005 Act and Regulation 4 of the 2006
Accounts R¢gulations, and
to prepare accfjunts which ac£oTd with the tceourttin8 record5 and comply with Regulation 8 of th¢ 2006 AGcount5
Regulation5 have noi been mel or
to whirh, itl my opinion, attention should drawtl in order to etlable a proper understanding of the accounts ￿ be
reached.
Jennifer Welsh BAIHon51 FCCA
Irvine Adarnson
Chartercd Accounlants and Chdrter¢d Tax Advisers
7 St Malcolm's Wynd
Kirriemuir
Angus
DD8 4HB
26 May 2026

Forfir: East, Old & Invergrity Parisb Church
Balooee Sheet
At 31 December 2025
Total
2025
Total
2024
Fftxed Assets
Tangiblc Fixed assets
Invcstments
43.596
180,834
224.430
498.311
170.686
668.997
io
eurrtnt A$sets
Deb￿rS
Bank and e&sh
21,080
58,245
79,325
16,070
92,667
108,737
Li¥bilities
FaIling due within on¢ ￿ar
12
37.914
6,956
Current Assets
101,781
Net A55ets
13
265,841
770,778
Unrestricted Fund¥
G¢neraJ funds
Desip)8od funds
14
34.946
125,97Q
160.916
26,919
78,006
38,813
632.396
671.209
26.251
73.318
Restricted Funds
Endowment Fulld
14
14
Total Funds
265,841
770.778
The accounts were approved by the trustee5 on 25 May 2026
alld sign¢d on th¢ir behalf by..
Session Clerk
Treasurer

Forfar: Eist, Old & lthverarity
Year Ended 31 D¢ctmb¢r 2025
At¢ounting Policie5
The prirt¢ip81 accourlting policies, which have been applied consistenrly in the current and preceding year in dealing wsth items
which ar¢ ¢onsid¢red motrri8110 th¢ accoun￿ are set out below.
Basis of prtp*r&tio
Th¢ 8Ctounts have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended
Practice Appli¢able to charities prepaTTfLg their accounts in accordanc£ with the Financial RerM)rting Standard applicable in the
UK and Republic of ITeland IFRS1021 effectiv¢ from l January 2019 and th¢ Financial Reporting Standard applicabl¢ in the
UK and Republic of Ireland IFRS1021, the Charities and Truste¢ Investtn¢nt {S¢otlandl A¢t 2005 and the Charities Accourtts
Iswtjandl Regulations 20061&8 amende411.
Fund ¥crounting
Funds ar¢ cl&ssificd as either restricted futLd$, ¢ndowm¢nt fund5 or unr¢5¢ricled funds, d¢fin¢d ￿ follows.
Restricicd fund$ are funds subject to specific Tequir¢tnent$ as to their use which rnay be declar¢d by the donor QT W2th their
auihority or creaied through legal precesse& bui still wiihirt the wider objects of the charity.
Endowment ￿ndS are funds which have been given on the condition that the original capital sum is not reduce¢ bui ibe income
theiefrom is us¢d for the PUTFX)s¢ d¢fined in acwrdanc¢ with the objects of the charity.
Unrestrtcled funds &re cxpend&ble at the discreiiott of the tntstees in fortheran¢¢ of the objects of the charity. If parts of th¢
unrestricted funds are earmarked at th¢ discreiion of the tNSte¢s for a particular purpose. thcy arc designat¢d &$ a separaie fund.
This designation has an admÉnistrative pury05e orlly and (toe5 not kgally restrict the irustee5' discretion to apply the fimd.
Going rontern
The Trustres consider that there are J)0 material w)¢etthnties about the ability of the ¢haritabl¢ ¢(pmpany to ¢ontinue for the
foreseeable future. and therefore h&$ adopod the going con¢¢rn basis in preparthg these financial siat¢rtknts.
Recognition of income
Income is tecognised when the charity has entitlett*nt to the fund& any p¢rfotman¢e conditions ottsch¢d io lh¢ it¢m(sl of
incorK have been mei li is probable thai the income will be received and the atxount can be measured reliably.
Donated services facilities
Donatrd profession￿ scrvice and donated facilities art reco8rtised as ifteomc when ch8Tity has ctsntrol over the item, any
condiiions associated with the donatcd item have bccn mel th¢ reecipl of economic bencfii from the use by the chariiy of Ihe
itrm 15 probable and that economic benefit can k measured reliably. In accordancc with the Charitles SORP IFRS102) the
gencral voluntCeT titn¢ of rongregation Tn¢rnb¢r5 IS IJot rccogn15¢d.
On rectipt, donated professional serviccs and dOna￿d facilities are reGogrt15cd on th¢ b85is of the volue of the gift to the thaTity
which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on
the open market,. a corre5POtLding amount is then recognised as expenditt]rc in the period of receipt.
In¢ere5t rt¢eiv¥ble
Int¢re# on funds held on deposit included wh¢n rec¢ivabl¢ the atnount can k measured reliably by the charity. this Is
mJa]ly upon th)tifJcation of the interest paid p&yable byth¢ bank or d¢posii takeT.
Reto%nition And gllocAtiOll of exptnditure
Expcttditure Is included in the Siaiement of Financi￿ Activities on an aceruals b&sis and is rcco8nised when thre is a le8a] or
COThslructive obligation to pay for ¢xpenditure.
Fixed ass¢ts
Th¢ tharity has the righ( to occupy and use for its charitable objects certain tangible fixed assets includirt8 the Church, halls
and manse, veskd in thc Church of Scoiiand General Trustees. No consideraiion is payable for the use of these assets.
Expenditure incurred on repair and maLfttenance of ihese assets is eharged as resourecs expended in the Stat¢mcnt of Financial
Aaivities in the period in which the liability ari5e5.
All tangibl¢ fixed assets r05ting in ¢xre5s of £3,500 ￿vIng a value to th¢ ctlarity greater than onc y¢ar, oth¢r than thos¢
acquired for specific purp05¢5, are capa￿lS¢d. Depr¢ciatiQD i5 charged at a rate of 25 /ts or 33 1130/0 la5 appropriatel on 3
TeduciDg balance basis. Lartd and Building5 for which th¢ titl¢ is h¢ld locally (namely tk BB hall atMI the ttwnscl hav¢ br¢rt
introduced to the accounts at a valuaiion as Sl￿wn in Note 9. No depTeciation is provided on land and buildin85.

Forfar= Eas( Old & Inverarity
Y¢ar Ended 31 Deeember 1025
Investments
Fixed asset investsnents are sth*d al ￿￿k¢t value at the baJanc¢ sheet date. Unr¢alis¢d gains atld losses represent th¢ differ¢nr¢
bciween the markei value #t the beginning and ertd of the fInanCI￿ year or, if purchased in th¢ year. the differenc¢ between cost
d market value ￿ the end of the ytar. Re￿iSed gains and losses represent the difference between the proceeds on disposal
and th¢ market value ai the start of the year or cosi if PUTch&sed in the year.
T•x*tion
Forfat". E85( Old & Jnv¢rarity Parish Chvith is r¢cogrLis¢d 0$ A Gharity for the purpos¢5 of applirable tsxation legislation 2nd
therefore not subject to taxation on its ¢haritsbl¢ activiti¢s. Th¢ Gharity is not r¢gi5t¢r¢d for V AT and re50urc¢s expetLdEd
therefore include irrecoverable inpui VAT.
Cash and c25h equivxlent5
Cash and c#5h equivajeots include ¢8sh in hand and deFxTr$its held with the Inves￿[$ Trus¢.
Debtors
Trad¢ and other dcbtor5 aTC Tccogni5ed at the settlernent amount due after any discount offered. Prepay￿￿nts are valued at the
¥rnuDt prepaid net of any discounts duc.
Creditors
Creditors are nornially recognised at the￿ settlement amount after al]owing for any trade discounts due.

r-
In
ffTr QO
c>
c￿

%8 S
oo
10 C> v C>
r4r
• C*J
15ilil i.}.
<40

Forf&r: East. Old & IDverArity Parish Church
Notes fonning part of the fina]Jcial statements
for the year ended 31 D¢cember 2025
2025
2024
7 StAift•sts llumbtrs
SalAfiesand wages
44,284
44.184
48.137
48.137
Tolal
The BY￿88t numberof employetsdwirtg Iheyty. rdrulafyj on ihe basisof a head C￿￿¢. follot¥s."
2025
2024
Music stoff
AdMIn￿1r&t10n
Pr￿￿e5 mainienance
All CtrAtr¢h of S¢odand Con￿￿tIonS contribute to the Natsr*MI Stip¢Dd Fund Mthich bpars the c05t5 of all min151er
Stipp￿J$ and employ¢Vs Contributi￿S for naiilmlal InSuraD¢¢, pen510n 8nd housing and loan fund M￿1￿￿try, ￿lPendS
&re paid in ac¢trd*n¢¢ with the naiionbl stipend scale. which ts Telatcd to ycars of 8wvice For the year review
the minsrnllm Stipend was £32.433 and thÈ Th￿l￿n￿M 51ipend lin the fifthAnd subsequent years) was £39.856
8 Trv51ee R¢Muueratio• •Nd RelAlod Party Tralsattlo￿J
Dunn8 the year the Miniytcr rcrxived r¢imbursernencs &$ follows travel expenses £1.633. ttl¥hone £540 ana manse
uncil £714 Tk following LrUSt￿ reteiv&I PAymenl$ foT providin8servic￿dllr1ns the yw.
Bruce Simpson
Karell K¢1
Paula St¢wJrt
Diane Acheso
£4.CQO
£2.758
£1fi90
Organist
Admini5ttator
Tre4surer
Or8anist
Duttn8 t￿Y￿r a tOts] of £18.320wa5 donawj ￿ th¢ congregation by tnJstets.
No tru51ee or a person related to 4 ttu*¢ had a perso￿al Inter¢51 in any contrd¢ior transaction enttttsl ino by th¢
¢baTity auriD8theyear.
9 TADgible Fiyed AJ#ts
LAnd &
Equipmeni
Total
Al l January 2025
Additions
124.613
51.192
15.6251
170,180
487.SIK>
51.192
1493.1251
170.180
Disposals
At 31 tkcembcr 2025
I487.5￿)
Attthmvl*t*d DeprertitiD
AE l January 2025
On dispDsBIs
Char8e forye4r
t 31 tkcember 2025
113,802
15.4471
18229
126J84
I13.802
{5.447)
18.229
126,584
Net BoDkV*l￿￿ *t JI De£¢rnber2025
43.596
43.596
Net BDDkValue at 31 Dr¢¢mb¢r21124
487.5
498.311
13

Forf•r: E#5t, Old & Inyerarity Parish Church
Note5 formlng part of the finanelal statements
for the year ¢lld¢d 31 D¢¢emb¢r 2025
10 Inveitmt#ts
2025
2024
Markel Ya]ue at 31112124
170.686
161,106
9,580
170.686
InttÈasellde¢reAse)- unrealiswj &PPT#iItio￿(dtprtCjltlonI
Markrt V81ue at 31112r25
180.834
Invesiments atW51
148.236
148,236
Th¢ fdlowins inve51m¢nts w¢ hdd.
Churth vf S¢otlartd IAvestors Ttu
16.326 units in Growth Fund
6,015 units in IncomeFund
Market valu¢At 3lllJ?4
180,834
11 Debttsrs
2025
2024
Oih¢r
21.080
21,080
16.070
16.070
12 Credltorb
2025
F•llin¥ dutwitbin year
37,914
37.914
6.956
6,956
14

Forf*r: East, Old & lDverarity Parish Church
Notes fornilllg part of the finatselal statemen1$ for the ye*r ended 31 De¢ember 2025
13 ofNtl
U*r*StriCtÈd
Ctneral
U•reStritttd
Tot#1
TotAI
Dttlg￿AtQd
2WL5
1024
Fixed A$8tts
Inveskn¢nts
Cllffem A$stts
Current Liabililies
3,168
1.857
44.640
35.gX)5
93.108
19.657
122.7CK)I
125,970
4.344
15.445
7.625
14951
26,919
179
43.596
180.834
79.325
498.311
170.686
108.737
(6.9561
770,77%
70.424
7.403
iyet XSse¢s at 31 De< 2•25
34,946
78.0
265,841
14 MovttsieDts itt
G*i&lllJlJyJ}
At J Ja￿￿￿ry
2025
Atjl De¢
R￿0￿ree1
Tralsttra
& •thtr ylos
2025
Eudowtyent f￿ndS
Mfftistry Fund
James Watson Ctaik Be4yest
Jean R Winter Bequesi
90
4.156
36.235
37.615
78,0
J3.954
35.297
73,317
481
415 ￿89)
896
1891
3,882
ReÈtrtcted
Green TeatrtlFlow¢r Fwid
Minibus Fund
1.826
3.452
699
18461
15.4221
5,614
Bfflevo1entFu￿j
Skea Bryuc3t Fund
Ouild Fund
387
15.999
4.994
4.662
909
272
3.642
9.891
12.402)
18.6701
(1.(￿)
26,251
447
26.919
UDrestrltt￿
[ksi￿￿ted Fabric Futhd
Des1￿￿ted soci￿ & GN Crew Fund
Designated Friends of East & Old
De518nated Education & Outreach Fund
tk518lla1￿ I￿￿[￿rIty Sunday Schoo] Fui
tkgi8nated Irtverarity & Kinnetil¢s Guild
Gtheral ]ieserve Fund
6(Kl.055
2.649
1.438
26,090
71,n4
1574.098)
5.705
IOJ.446
2.649
1.438
15,362
3.075
7.913
118.6411
1,058
36,624
2,190
671,210
586
146.940
98
li￿)
1151.9601
32,604
2,342
160.916
C￿erdI Beque51 Fund
54
229,701
1746.8141
5,819
Tot*1 f¥Bdi
770.778
240.488
755.5731
265.841
Income from the Minisiry Fund is lo bc uRd foT Minist¢V5 cxpense5.
Tncome from theJamc5 WatsoD Craik Bryuest 15 to b¢ u5vJ for rnu51r prai
Intom¢ from th¢J¢3D R Winl¥ B¢quest i& to be￿#d Guild
15

Forfar: ￿￿t, Old & IDv¢rarity P•rish Chureh
Notes forming part of tht financial statements
for th¢ ye*r ended 31 December 202S
Flowrr Fund- lo prtsvth flowu5 for di5plhy durins 5¢rviLy8 of WOTship.
Benevolent Fllnd. io make bencvojenidisthbuiions
Skea Bequesi Fund- to provide funds for Surtday SchooVGo￿￿ News Crew.
Minibus Fund- for the nmnin8 of thechurch minibus
Guild FwMJ- to cover Guild a¢tivitlC5.
Fabric Fund. thc truSte¢s hay¢ s¢¢￿Ide fDrth¢m*inirwncc of¢hur¢h PToperty. This funé a150 IrKlUd￿ £450,(KK).
beingthe valueat whieh the manse has bttn Introduced to tht a(*Ounts.
Improvement Fund. for Ehe improvementofchurch buildin8S
S(Kial & GoL¥I News Cr¢w FuTrJ. inJsEees have s￿ aside funds forsocial athiviEie5 and for expenses of
the Swd#y SchwLIGoTrl Ne￿CreW.
Edv¢ation and Outr¢#th Fund - to fund ￿lucatIOn 8Dd oulrrach in the lor￿ community and beyond.
Friends of E&O- th¢truSgttS hAve set aside funds for future preyervatiijn of theeongrcgatton & tnairttenanrr of it¥ serviEcs
InveraNty Sunday Schwl Fund- the%[u￿eSS havesei aside fundy for the use by ihe InverArity Sunday School
Inv¢rarity & Kinnettles Guild Fund- the tlU5tee5 have s¢t Bside fund5 for ihe useof Inverarity and Kinnellles Guild.
2025
1024
15 Collt¢tlODS forThird Plrrfes
MND S¢￿1]and
Water Aid
ehsidt Conntctl￿S
91
Ridin8 for Lhe Disabled
Poppy S¢￿￿￿j
Deirdre Knight
GDBA
210
288
176
229
14rosy Mi￿n
Macmillancanccr
885
1,263
CHAS
159
An8uS C8rers
Parkmsons UK
823
174
Sirathrnorc PrLmary Schwl
Forfor Women's R¢fug¢
Forfar Community G4Td¢n
Ttsr Fund
FACT
30
379
165
Forfar GriefC4fé
176
RSABI
Th¢ Eve Appegl
Invcrarlty Pyithw S¢hoDI
Dundce InsirnmertLqI Bènd
Forfar Stroke Club
222
174
210
5.670
3,926
As wrll a5 ra13ing fU￿J5 forother chorities, Forfar.. East. Old and Invcrnrity Church gives lo oihercharilies In kind We work along5￿C
Christian Aid. Leprosy Mission and F¢rfar Actiljtt Iifchllreh￿ Together and 8sve of Our tune and ￿lenty working and supplyin8 food
at Vario￿% cvenis and we ￿s0 give the use of our premLW for free fot ￿me of th¢ events that they ar8anise and supply ￿1 thet# coffee
Dd 5ug¥ forsèid Èvertts.
16

l6 Volumtttri
In common With all con8regationsof thtchurth of Scotlathd thttW8rtptiOn bthefits from theeonttibllth)rt made by wolunteers
Èiv¢their tirne and iBlents wllin8iy forthebenefitof the Church The ar￿0(cOnSreS4r10nal lifelvhich rely on ihe eontribuiion or
voluntttT¥ )r¢ mEny and varied and murh of IhB p¢livity would bB un3bl¢ lo¢ortiny¢ wcrc It npt for thr ¢omTnitThtDt 5howD
17

Forfar East & Old Parish Church
APPENDIX
FUNDS HELD ON BEHALF OF THE CONGREGATION
BY THE CHURCH OF SCOTLAIYD GENEIL4L TRUSTEES
2025
2024
CAPITAL ACCOUNT
Credit Balance5 held at 31 December at cost
386,841
195,975
Market Value of Capital Account at 31 De¢ember
418,564
218.578
REVENUE ACCOUNT
Credit balance at 31 December
35,559
77,221
TEMPORARY ACCOUNT
Credit balance at 31 December
212,080
17