KIRKCUDBRIGHT PARISH CHURCH OF SCOTLAND UNAUDITED FINANCIAL STATEMENTS 31- DECEMBER 2025 SCOThISH CHARITY NUMBER:. SCOO5883 CONGREGATION NUMBEIL.. 080490 CARSON & TROTTER CHARTERED ACCOUNTANTS 123 IRISH STREET DUMFRIES DG12PE
Klrktudb ' bt Pirish Chureh of Stotla stees. re tar ended 3151 Derember 2025 for the The Trystees preseni their wmual report and financial statements of the clwity for the ye4r eDded 31st December 2025. The financial statements have b¢at pr¢pgred in accordance the aoUntIng wlici¢s set (Trut OD pages 10 to I I to the accounts and comply with the Gencrai A&scmbly Regulaiio for Congrcgatiooal FiDancc. the Cbariu¢s and TnLsi¢e InVestllnI (S¢odaDd} Act 215, the Cljaritits AccounL% Iscthland) Regulations 21M)61&4 amended) and Accounting and Reporting by Charities: Statemeni of Re¢omTnthed Prnctice gpplicgble to charities preparing their ac¢4)unts in accordallce with th¢ FiDaDcial Rqx>rtiDg Stsndard applicable the UK a1 Republic of btlaDd publi5bed 16th July 2014. Prtface This reporL iti the"IX)jeetives #nd Activities" sethioo Covers many of tl ongoing aDd routi Activities of the church, ref)ng iniiiativcs & a¢titi hav¢ b¢¢n (Trngoing over th¢ w Jrar. Objective5 and actlvities The Church of Scotland was fouwjed ID IS. It is TTlniwi in dtri¢, Reformed in tyadiiion and Presbywian in polity. It exists to glorify God ond to work for the of Chrises Kingdom througknut the w)Tld. As a national ChurclL it acknowledges a distinctive cau and thty to the 0rdir of religion to people in ¢v¢ry parisb of Scotland through a rriwrial miniw. The CODgregatioD's mi10 staieInent is 'KCUdbrigF1t Parisb Church ai th¢ hcan of Kirkcudbrighi baving KiTk¢udbrighi Parish Church sttks to draw people toM•rds devel(VDni of a rtSODal and deepen1 relatiothip Jesus Christ as their Saviour and IA)rd. To this end, nvo SeThJiees are held every Sunday as Mell ag frdcilitstion of a numb¢r of Bible SNdy 0uP$ at 10$ till throughout each wtek. Our minisT has also personally iuitiated & facilitated a numb¢r of tnorning & ¢V¢Ding subj¢a-f(xw8s¢d BiTrJl¢ Study GTOUPS during 2023, and continued ill 2024 and 2025.more detsil IAryll be given in the"Achievellnts PerfOnnae. seciion of this Twt. Weekly Sthy Worship is offered at two Services.. 1. 9.30atn. Se1(¢.. Tbis 15 iorMal Style & held in th¢ ChUb HalL the W¢)rsbip musi¢ being provided by a Prw"se Band and the teaching and pra being led by a rots c(MLSiStitig of the Minister and 8 Dumber of Trustees. During sICeS, an area of the Hall is 5et-asi(k for children of vaTiOUS ages to participa in reading & art actimties. zs )1 to have firL 2. 1 I.IKlam. S¢rvic¢.' This is more traditional ID styl¢, albeit the fornmt & presentstion varie5 from Ihtek to week ckg8n.led Worship tnusic alternates on a weekly rots with PiaDO. TrAthi¢h is a¢¢onwed by a range of iDstrum¢nts. Great use is nwde of the four large 110r s¢rtett8 strategically situated arouDd the sanctuary to prowde VISU illuthtion & acconjparriment to the serm. as well as cle4r presentation of H>rynn vetses and A joint Service of Holy connott is held in th¢ Chwcb four times a )wr, on the SuTHla)ry of February, May. August and Noyember. A le&s fornJo1 quarteriy Conllnunion Servi¢¢ is also celebrdd at the 9.30 arn. Churcb Hall of whatever denOtiOn h&$ expenenced grief over the lo&$ of ¥ loved ODe, thther Te¢endy or in past )rars. is invittd attend this minist¢r.l¢d Senryce. This is joinY OTganised by all chwches in Ktykcudbri8hL At the eDd of 2025. there tre 391 nmbets on the roll of the Parish Churc)L No rdding& I and 21 fimerals
Ktrkelldbrl t Parlsh Chur Trnstees, re ded 31st Deeejnber 2025 Messy Church is an initiative used Succ] by many Churches io t)urage a re interactive and creative style of worship. Part of its mission is io attsaci athts aThJ ckn"Idren io th pan in aaiviues and io woT51u"p iogether. This Vds begun in Kirkcudbrighi in 2018 a1 b&s CODtiDu¢d su¢¢¢&sfully as a regular monthly ¢v¢nt. W¢ b8v¢ been eDcourdged in CQDtinuiag with this as it gives opporlunity lo atitact & with adults well as ¢hi]drcD who do not Other5¢ attend our rcgular Servicts. HonK f¢llowship groups, inyolying up to 30 people, meet each we¢k in different members, homcs a5 well as in Churrh Yenues. Their aim is to erKourage fellOlp & build rehU0thS. as well as eDbaDce unlkrsthndg of Chrislian discipleship, faitty and ktK)wledge of Scripture An active Mums and Tots gw runs on Wethmday nT$ in the ChUh Hall, sthtTed by ¢hur¢h vohjnieers. This a]so brings an interesting of new faces of parents & 8randparnts. &$ well as those of the children therth8elve& A church Friendship Group, nm by the Pastor Care teanl SthTwJ in (ktober 2019. Jt meets every Weth)esday from 2 . 4.00pm. in the Church Hall for enterta]r[ iLStrUctio disC$s1O1 fellowthp and refreshffjts. li is a thrilryng group with an averdge attendance of 30 participants. These last four group5 comprise a mix of our Congregational rnembe a1 of the 8eD¢Ai eomtrrity. and fully altgn with our xni&sion statement to be at the heart of the CoJllllwty. Th¢ church is open during the 5ummtt >tLs on Tucsday¥ Wednesda>N Thur%la)s and Frida>w to allow visitors and locals to Icarn about thc hiswry of our church arwj ajso to experience the Unique spirill1 ath]osphere presen( Mrythin the sanetuary. This 1% %tsffed by a rots of volunteer Trusttts and congrwtion memtrs. Approx. 2,0(M) visitOTS were welcomed over the sumnw period of 2025. Significant {Jonati receive¢l iludIng vahthle sales from the Redevelopmertt fimdTaiSill8 table. The Church is a]50 rcprwntyl OJJ a DUtnb¢r of groy in the including Colnnry Council, Rothry, History, Literary Societies Sutnmw Festivilies. The Parish Chllh 1] has always t%¢n a wwlar venue f(r many comoty Xtivitie& 8TrJ many Bro$ rent space in the Hall on a re8ular bLqis io ac£0mmile their aetiYitie5. In 2025, for exJllyk. it W5 8 m?in venue for iM)th the KIUabrl8h¢ Jazz Fe5t?val in Jul, the KiTkcudbri8bt FTiD8e in Sepiemb¢r. Kirkcudbright Parisb ChuT¢h operat¢S with other Chur¢hts" ID Ydfiou5 EKMlie5 ill Scotland and beyond. IAKally, we forni part of on ¢cum¢uical grOlnE called KirkCUdbTi Churches Together and WOTk with sister ConBatiOnS in Kirkcudbrigbi coLsi#in8 of St Atstsews & St Cuthbert'$ Rowan CitlK>lic, Kirknudbright Community Church and Grey¥r$ Scotiish Epiwa] congre8aiiors. Joini services are beld iti each otherfs churches At differ¢nt limes in the year, as well as a joitit open air rrice in the SUTnmU and ¥ joint Seryice of Remembrance in November. Also shaTed ¥re a nun)ber of joint Sttjdy grtWP5 wkn.ch take placc during Advent and LLDt. OD Christm&s day. Chur¢hes Tog¢th¢r shar¢s the thsk of provithng arthl serving chT1Stt lutKh¢s immethly oKe the Christiw Day Services have tsken pl¢. Pt¢ 2
Kirkevdb t Prlth Chureb of StodAnd Tr$1¢¢5, ember AcblevemeDt$ •Dd perforni•nce After the rcstrictioLs of thc (ovid wiod, 2020 to 2023. opportunity WT5 takcD by our Sc55iOD & Ministcr to review umt congregational actitrities. as well as w explore illwlcmentsiion of new OPfftllti¢S with the aim of ContnUtillg the tniksional outreach of our Chwch as well &$ in i¥.]d depth arml Unde[stsndg in aTeas of faith and disciplesbip. Our minister. Rev. James Gatherer. Bave opwjrtunity to members and others. to attend these minister-facilitated group nKdings. to ¢otD¢ tog¢thu study, dis¢uss and undustsnd at • d¢¢w l¢v¢l some of the imtK)rtant Icachings of the Scripture. A nuttkn of Sla1 events Nrre alw held & hosted by the rninister and bi5 wife at the manse. which also ¢th)tributed building of friertdships within congregation. The mintster also orgaDi5cd a "Th[uY Suprf in Sq)tember. 2024 itt the paTish hall. a s(Kial event that w7s enjoyed by over I peopl¢. He also organised a first Cafè Church . October 2025 in th¢ ¢hur¢h hau with participatits sitting at small tsbk5 Tith tas ¢offtes. Mor¢ ar¢ p]4nned for 2026. welcou)e to all who visit or attewj our Services &$ well a5 a Tequiremeni foT US to be more community focused by thousands of ndS hav¢ t¢¢n rdised for use by our Missionary parts Swting in latr 2025 and coniinuing into 2026. the proceeds from thtse coffee monjiw wryll als) be to help firyl a r¢k sumw respi bTeak for Ukrainian cbildren ai Abernethy Barcaple. A F(KxttMk operdtes from within the ChUh volunteer5 main]y from the wious churches wrythiD Kirkcudbri8ht. We continue to seek wa)s to allow our Church buildmg to be made greaier use of by the ¢onllnuDity. ID spi¢¢ of Current limid facilities within the saDCtiiary, we have been able to host a Jazz ¢ollcert,' a Flomw Ftiv01. vaTiQW Choral er¢S and lks ai the Fritige Fesiival. The ¢bUh building provides an exhibition facility for thc aDnual Town ArL5 & Crafts FJir. &s well as a D]ajoT veTr for the allnual Kirkcudbrighi Jazz Festival in June. Tr church 15 tKTrw used an aliernaie to 009T sp3¢e. irÈ wes of in¢l¢meni weather, for the popular'scottisb Ni8bts' organised by Kirk¢udbrigbi SwnmeT F1e$ group. We also welcome to OUT Church each December over 2(M) children from the local 5¢h(M)I for a special Chn5 Service and addiiionally ho a special natity presentstion forMed by the Iiul children's nur5¢ry, 7which aiwa)s brings many ncw pcoplc who can enjoy our 5aDCtuary. Church Hall Use io 2025 has seets increased use by a number of co[Dnty wrll as Church gn)ups. Th¢ invcslm¢nl in Audifrvisual & coonectivity equipnKni witinU&8 gready ¢nlwK¢ ¢he exp)¢. not jwi for those in the sancnwy. but also for th05c unable to attend who ar¢ now abl¢ th¢ Scrvic¢s liv¢ ai IKme iIIu5trdtiQnS ¢an all Kw k clearly displayed to tlM)se PTeseDL well to tIK)se NEtching by 2[[L An addition81 benefii of the A.V. iAvesimenL which has bcen much appreciated by families Tth have experien¢¢d los4 has been the ability in real time to bring iogether fn.ends & relatives from many conti to b¢ pres¢nt with those in th¢ Sancruary d thus able io slwe the burden of grkef at the funeral seryice of their loved one. Our ttnthly ¢51¢rt¢r also plays a ab]e role in commw¢aiitig with our n)eJkn as Mtll a5 thr wider community of Kirkcudbright. li is seni ovt electrotiically well in paper foTttL and copies aTe aliable local tear(rf)nLS & oth¢r public venues such as the visitor centre. Post oftfice etc. FonknDing events as wrll as other happxnings in Church lifc arc all kn'ghlighted. and OUT minisier contribuies a w)icaJ monthly for all reader5. With the help of the new Churcb Offi¢e Printer, the Newsleuer has been able bliSh iti col(MW this >tar. and this h&$ been well re£eived by its 4( read¢Ts. In the last two years. a frIej of the Congregation h&s h¢]¥ develop the church Tb91*. li is Tr)w a valuable Source of itifonD8tion alx)ut the churcll both Pa atsj presenL P•g¢ 3
KITkcudbri t Pirish Cbllreh of Seotlx TThstees' r ear ellded 31st D for the On the 17th Nov¢mtr 2025. work E¢Eao on the long-alIe41 TtyJeYelopllni of thc iDtrtior of the church building. Phase l. due io be compled by the end of March 2026. coiisists of new ¥1 th)oT5 at the entrance of the church. toilets and a tecOffee servery aTea ullder tbe main balcony, paTtiuon separating this area from the rest of the sanctuary and lofi i]Lsulatson. This has been made p}S11t by continued fimth¥isiti¥ over many years by the congregation and 8rants tothllin8 £120.CMXI from seven fidIng orgatiisatiotts. Ivbile this •Arork 1$ king donc in the ¢hur(h thc I l um Sunday Morni s¢rvic¢ is tskiDg place in the church hall. Ph&se 2 of th¢ r¢d¢v¢lopnMi proj consisixng of a decajtsnised heathjg sy51em. a 0figUr•j central dais area a1 tbe redevelopment Of uler the side balconie4 will thke place orKe fiDyJs are in plac¢. As we enter 2026. we conti] to k ¢Dthusiastic ID our desire to be an outw•rd.looking, welcoming and mission.focused Congregatio seeking to brmE the Go(Ml News of Jesus Cbrist¥ Rethmitig love tt> all in our community who have yet io lar and receive thai life-tsansforming message. Fllllnelal Revlew The principal source of ilKon Trs Con10]] offering& tkniDg ts yrar. offtrings decre to £57,062 from £61.146in2024. The overall income bas IreaSed by £37267. FPlIr¢ irKreased by £22.724 kn £245.518. Unrestricted Funds thI]ed £189,077 (of wthi¢h £169,028 are DesigDated Fullds} and Restricted Funth totalled £1,900,202 ai the )tar being tothl fuDds of £2.089279. This an increas¢ on 2024 th tal fvnds wetr £2,020,192. The incom¢ in the GeneTrl Fu]yJ w7s £1.530 {2024: £116239) the expthliftwt in tbe General FuThl was £103J91 {2024: £104268). IDYtrnenl Pollcy aDd Performance Atkinson Place aThl P8]mer Beque# Investm are beld 71rith the Cbvrch of ScotlaDd Investors Tn1. Iusk maDgeDllt The TnteeS keep under reMew on a Tegular basis the fjnancial wforn1a¢ of the cburcb. The Fititit Cornmitt¢¢, which in 2025 comprised 4 Tntstees. a church lnern. phLS the Finan¢e Convenor and the Treasurer are not Tntstee5, mcel OD 4 monthly b15 at 9 limes a . kn examine in detail the fiJllncÉal rK>sition and to rwrt to thc analytical a&qeSS of results a budgetary control sJ%m inwlemented iti 2018 continue into 2026. Pw4
brl t Parhh Church ol Seotlxn Trusttt5' re ort exr ended 31st Deee for tbe r202 Rerves pollty Th¢ ¢han"ty TnLstres havt ¢onsid¢red the reserves Twuired and have taken IDIO account their cwr¢nl and futtwe liabilities. li is th¢ TnM¢¢s' polt¢y to hold reserves of appToximaly six ny)Dths ¢xpendiDJre includitig desigD4t¢d fillth. At th¢ end of tbe ycar the Church IKld fiuNIs of £189,077 of £14,106 had IK¢n dcsignaied for Fabric Fund. £25.153 for the Beq1 FWKL and £54,5} for Assel FU1. The Temajw balances of £75,209 on the Rc5crvc FWMI a. G¢neral A¢¢ount b. Fabric Account c. Church R¢deYel(on)cnt Futhl Where cash flow perniits. it is the Th)It¢y of the TnLe¢s to reimb the Rese Fund from cach of the aforementioned fij15. li is a]so policy io tsansf¢r excess futyjs th¢ ¢utr¢nt bank account inkn the JnvestoTh Tnt The Church a150 held £1,9202 of ffstrirted fiuwls which bave beeD proided for the SPed in Note 16. Structure> govtrDante and mangemenl GoverlliDg DotumeBt The Congregation of KiTkcudbrighi Pansh Church i8 8 regi%tered chaTity, ttUtnb¢r SC005883. thwing 2018 the Congregation changul ILS COti8timiional posilioJ4 followtDB the pr Set by the Church of Scotland. Until April 2018 it operdted on the basis of the Model conltiOn under a deJ of Cotst1tiOn dated 20th May 1965. A new Deed of Constitutiot4 dated 16th Apnl 2018. wa5 by dele8sti of the Genernl Assembly of the Church of Scotland authorisiti8 a Unithry Constitytso Or8#nlsatlon#l strneture The Kirk Session is chaired by the Minister, or someone appoint¢d to depute, and meets at leasl nine times 8 year. It operdtes wryth tbe folloMryDg iisi of Teams wkn report back to the Kitk S¢5sion'. Fi[W¢. Faciliti¢s ManagemenL World Mission,. Worship; Pa$Tal Care: Mis5ioD and Educlti ComDJuni¢i and Church Redevel(yment. The teaTDs ReeruitmeDt, Appointment & trxlRkng M¢mbe18 of the Kirk Session are the charity TnLSttts. The Kirk Session memits are the elder5 of the church and are WI is a memttr ofthe Kitk sessio is elected by the congTegauon arml by Presbjw. P•E¢ 5
t P•rtsh Chtttth of Trn$tees' re tar tnded 315t D for the 2025 Referentt alld administratlv¢ detall8 Trustees The tn¢tts who served at any time dwin8 the pr up to the &t¢ of this r¢port as follows: Elders Alison Best Addle Clarkson Andy Dixon Louise Finch Thelma Hart Margarei Hugk8 Mark Hutton Pai P8 Brian Archibaid Julia Archib3]d Patricia Bain {untsl 1st May) Imk Robertson (until 25 SepL) Helen Waddell lvoT Wathlell John Locke Vivien McAlpitie EtTrc Mackie Liz Mackie Andrew Orr (until 16 ApTi]) Minister.. Se&sion CleTk' Rev James Gatherer Ivor Waddell (pro trm) Ch•rity number: SC(K)5883 ChuT¢h offlte: ChUb Hall, St Mwy KirtcwlbrighL 4AA IDdependei EllmineT: Mrs Linda BramM)cL BN C& C¥rwn & TrD¢T CA 123 Ir Stw Dumts. [] 2PE Bnkers". Bank of Scotlat¥L 192 KRng StyeeL Castk tknugl4 L7 IDB P*te 6
Kirkcudb t Parlsb Cbureh of Seotlxnd Truslees, re ear ended 31st December 2025 for the Trustees, Responslbllltles In Reltiofj to the FinDe1 Ststememts The chariWs Tnle£S are responsible for PTwin8 a TnLSW' Annual Repon and Financial Sthtements in accordance th applicablc law and Unitrd KiDBd¢)m Swdwds IUnid Kingdom Generally Ac¢eptrMJ Ac¢ountiD8 Practice). The law applicable to charities in Scodand Yequirts tbe charitys TnISte to prepare financial statements for e•ch ye4r which show a true and faiT vivw of the stat¢ of affairs of the chan'ty and of the in¢on]ing Tesour¢¢s and application of resou¢5 of the charity for that period. In PTepaTiDg the ruw131 miements. the Tntres are required .. - s¢le¢t suitable a¢¢ountsnB policies a1 apply ¢vnsistently> . obs¢ th¢ rn¢thiMls and principles in the Clwities SORTr 2015 (FRS102)" . make judgety)ents and estimates that are rea%)Dablc and pnth. . state whether appb'cable accounting sthndards hav¢ been followed subje£t to aDy D)aterial departsm disclosed and plain in th¢ fuwKial The TnteeS are responsil)le for kttping proper accounting records whi¢b di10St with reasonable accuracy at any tijlle the financial p051tiOD of the charity and to ¢nabl¢ then) to ensure thai the financial sutements comply with thc CIlti¢S aT T1¢¢ ]nvestrneni {Scodand) Act 2LK)5 aThl the Chan"ti&s A¢¢ounL8 (S¢0114ndl R¢guiations 2006 (as amet). They are also resT$1b]e for safegwding the a&sets of the clwi.ty and hee for 18km8 reawnable st¢ps for the prevention and ddection of fraud and other iWariue& The Trustees are respottsJTrJle for th¢ maintuJanc¢ aThJ int¢griry of the clwity and financial ioforn)ation OD th¢ congregations's wcbsiic. Lcgislaiion in the Utiiied Kingth>m governiDg the prepardtioD a1 dis5con of fMancial styt¢ments may differ from legislation in otheF jurisdictions. The report was approved by the tnLSte¢s on 25th March 2026 a1 sigTd on behfilf by Rev James Gatherer P•ge 7
Klrkcudb I Partsh Churth of S¢oll#Dd de i Exam r's Re Ktrkeudb t Prtsh Cbtyrtb of Stodlnd I rcpon on the acrounts of thc for ts )vr ctmlcd 31M Deccmbcr 2025 which are Out on p% 9 19. Rry>¢¢tlve responsibillties of tr4steH nd ¢xwnln¢r The ¢lwit)Is tr$1$ are responsible for the PTeparntion of the accounts in #ecord •Aryth the tern of the Charities and Trustres Invcslmeiit (SGotland) Act 2(K15 armj the CbaTitieS A¢¢oullts (S¢odand) Regulatsons 2(Kk6 las an¢d). The ¢l]arity mLSt¢&s consider thai the auth"t rrquiT¢m¢ni of RcEulatioD 10(1 Xa) io Icl of the Accounts RegulauoDS d(5 not apply. It is tDy rtsponsil>ility to examine the accouDts as required under scctioll 44 (IK¢l of the Act and to State whedr partIlar Djatters have come to my all¢niion. Baoli of Independent eXtr,¥ &1¢¢¢ My examinauon is Tled out in accord with ReEulatioD I l of the Charities Accounts (Scotland) Regulations 2( (a5 amended). An examiDation a Teview of th¢ 4¢wuntiDg kept by the ¢Trwity aDd a wnwison of the accoullts preseDtd with those rcwrds. It tho ]la&S wtLsideratioD of pny it¢llLS or disolosur¢5 in the a¢¢oun and seeks explanaiions from the ¢¢$ concernit)g any su¢h mauers. The prothlures do not provide all the evidence that would be required in an audiL atxl ¢oLs¢qu¢Dtly I do Dot ¢xpre5s an audit opinion on the view giYeD by the ac¢ounts. Independent ewther's ststeDnI In the course of my examioatioffj nmtter Iw come th my aiiention: a. whi¢h gives me re450nable cawe to believe that ID any mftte re5W tbe requira - to keep accouniing records in xcOrdae with section 44(IMa) of the 21X)5 Aci arml Regulation 4 of the 21X)6 Accounts Regulations: and . to prepare accounts T7¢ xcord WAth the acco1 records 8Th1 con4>ly with Re8ulation 8 of the 2(X)6 Accounts Regulationg; have t been mel or b. to whlth ID my (Vini attrnu(m should iy drawn in (rder enabk a Uje of the accounts be reached. Mr$ Llnd Branlloek Carsoth & Trotter ChJrttred Af¢ountts 123 Ir15h Stre Dumfries DGI 2PE D#t¢: 25th M•rcb 2026 P*ge 8
r¢b of ScotlaDd Stitement of Finine] Actiiities for tht r tndtd 31M Drf¢]ubcr 2025 Totsl unres Restrl¢te41 Funds Fund Fwid Fulld$ Notes 2025 2024 Income and eDdoY4ments fronL' Donations and legaci¢s Chan"tsble ActiticS Other Trdding Activities 78.382 5,563 11.948 4.637 116.066 13,464 50,530 14.459 194.448 19.027 62.478 19,096 155,570 26.045 57,620 18,547 TO1 kneomt l(K).530 194519 295,049 257,782 ExpendSthre on: 989 102.402 3.090 139.037 4.079 241.439 7,046 215,748 C1ble a¢tsvilies Tot espendilure 103J91 142,127 245J18 222.794 {2.8611 52J92 19.556 49.531 19.556 34.988 22,727 Net g8]D{lO$5) on investnmts Net kneonwJ(expeM) (2.861) 71.948 69,087 57,715 Trn8fen beNeen ful {3 J25) 3.525 Net movement fwiits (6.386) 75.473 69.087 57.715 R¢eon¢lli•tlon of funds: Total funds brought forward 195.463 1.824.729 2.020.192 1.962.477 Total funds trIed fonvard 189.077 1.9(K)202 2.089279 2,020,192 All income alld exwKlituTr derive from Contin actilie The notu p•gu I l th J9 fom n inte8rAi part of thue fiD•n¢W i¢•teme• Patt 9
Kirkeudbri t Parish Cbllreb of Scotllnd BilaDce sheet at 31st Dttember 2025 2025 2024 otts Flxed sset$ Tangible Sets IDv¢sthJents io li 54JOO IA93,181 54,500 1,593,628 I7,011 1.648.128 Current #Jgets Debtors Cagh at bank and in hand J2 58J22 429.602 24311 367,608 488,424 392.119 Credffitors: •mounts f•JlSng due within one yur 13 (44826) 120,055) Net CUrret sseti 441J98 372.064 Total Nei #ise¢s 1089279 2.020.192 Tht funds of the charlty Restricted fiu¥Js UnTestricted fimds Designated fijnd Gcnernl fund 16 l.mJ02 1.824.729 16 16 169.1128 211,049 166.916 28.547 189.077 195.463 To¢al ¢harlty [nd6 1089J79 2,020.192 The financial statements apwoved Ij tIm)rIo for i&sue by the Kirk Se55iOD on 25th MaT¢h 2026 and signed on theirbehalf by R¢Y James Gatherer TTre Mrs Pai Parker -p The Dotes on pages 11 to 19 forn iDit8rAI part of 6tAtemen P*gt l•
Kirkcudbri t P#rlh Churth of Stotlxnd Notes to the Financial Ststements for the vear ended 31st Deeember 21125 Sunmry of65gnUA¢t •e¢owithig pJkk¥ Thc 5ignificaDI aUtIllg policies applied in the prepavation of the6e fll]ancial sthtements are sei below. These poli¢i¢s have b¢¢n coLsistendy applied to au years presentrd unless other"5¢ 5tate41 Gener1 infomxtlott nd bsls of preparitlon Ki¢Udbright Parish Church of Scotland is a charity in S¢o¢]¥nd. Th¢ addrw of the Church and nature of actimiies are giveo in the tnjstees reporL The fllwKial statements bave been prep in accordance Accounting and Reponing by Chariiies.. Statement of Recomm Prathi¢e applicable to ¢lwitits prepari] their a¢¢ounts in accordance with the Financial Reliti8 Stsndard appCable in the UK and Republic of Ireland (FKS1021 1&sU on 16th July 2014 (as updated through UpJa¢¢ Bulldin I published 2nd F¢bnw 2016. the Finla1 RwrtiDg Stsndard applicable in the UK and Republic of Ireland, the Chan"ties aryl TnLse InveStD)l (Scot]aDd) Aci 2005 and the Charities Accounts {scotIal) Regulati0Ths 2(1)6 amen). The elwity applied Update Bulldin i as published on 2nd Febnwy 2016 atKI doe5 Wt a cash flow sthtement on the grounts that it is applying FRS 102 knion IA. The charity constitutes a publi¢ benefii entity as defined by FRS102. Tr fuloocial ststeo)ents are pr¢par¢d on going ¢on¢un blS und¢r th¢ hisWri cosi ndifi to Ilud¢ Kttain it¢nLS 4t fair value. T fiDancRal Statements aTC prcscnted ID 5terliDg Twbich is the fillKtiotial currw of tbe clwity. Getml fimds are fUlS wthich are avaxlable for yse ai the dtscretion of the in fUrt1e of the general objectives of the clwity atsj which have Lot beth deS1d for other pur1$eS. Designated funds comprise unreslricted funds thai have been set aside by the tNstees for particu]ar Purposes. The aim and use of des1ted 1$ Set oul in the ootrs to the finawi81 stgiements. ReslTiCted fi]nd5 are subje£1 io restriclions on their eXpeIllre in4K)5ed by the donors or uphich have been raiwj by the charity for particular The cost of TaiSin8 and thirristerin8 WCFL funds aTe chaTBed a8ainst the 8peciG¢ fiwd. Th¢ aim attd w¢ of exh T¢stri¢trd is se¢ out in the wtes to th¢ fla1 sts¢em¢Dts. IJ. Inwme r¢¢ogDitio All income is included I the SOFA vAD the charity is legally CDtitlcd to thE incoJDe after #ny perfornthn¢e conditions huve been the amLXmt can me4w1 Teliably aDJ li is prthble that income will be re¢eived. For donatiOD5 to be re£ogDi5ed the Chlty wryll have been nolified of the allKMmts alld the settIellTht date. If there are ¢ondiuons attachaj kn the donaiion and this requires a leyel of pxrforn)ance before entitlement can be obthined t1 income 15 defeTred until tlM)SC COtwJitsoLs arc fiilly or the fidfiltllent of those conditiotts is within the cootrol of the dJan"ty aul li is Probable that wAll be l6)It1 No amount is itichthd iti the sthtetnents for vohmteer time in line vjith the SORP (FRS102). For legacies, entitlement is the earlier of the ctrority beitig tified of an impeJMlitig distribution or the legacy being Teceived. At this poinl iwome is recogni5. On occasion legacies wryll be notified the chariry knwever it is noi p)ssible io measure the anM)Unt exF*Cted to be di%knl)vted On these (jc1014 the l¢gacy is treated a PAze 11
KITkcudb bt Pir15h of Scoliand Notes to the Financial Stgtements ear ended 3111 D¢¢¢mb¢r 2025 Eipendllre recognitio All expenditUTe is Ounted for ¢)n 715 iwis and h&s be¢D classified headings thit aggregate all costs related io the catr80ry. Expendinwe is rttowsed wljere there is a legal OT consmKiive obligatiot] io make payments to third partie& it ts probable that settlement will required and amount can be measured reliably. SuptK)n costs are those that assisi the work of the chan'ry bui do wi dJTe¢dy represczll chaTilabl¢ activitie5 and in¢lude offi¢¢ ¢osts gov¢rJ)antt ¢OSLS. Supwn & govemaw¢ wsts bav¢ b¢¢n allocated to activities ¢)n a basis ¢onsistetst with the use of the res(Mtr¢ts. Tn2ible fixed asvets alld depre¢i•tion The charity has the right lo IKcupy usc for its clwitsble obje£ts certain iaDgil>le fixed a&sets. Tncluding the Church and waTrse, vested in the Chwch of Scodand Gelle1 Truses. No wnsideration is payable for the use of in the Ststement of FillaDcial Activities in the period ID the liability aTise& All thngible fixed assets having a Yalue to the chariry greater than One year, other than those wired for sp¢cifi purpoKs. ar¢ capitalis¢d. Dcpr¢ciation is proirydcd on a straigbi.linc b&sis writ¢ off th¢ cost or iDitial valuc, Ic55 rc5idual valuc, of taD8ible frd a&ts ovu tbcir estim u%ful ]ivc5: chUh Hall Church Silver Kludcd at at1 no dcpTcciation appli¢d ItKhMled at valuatio4 llo depreciation applied 33.3% straigm lir Ittvestmetti pr4r¢I¢l Investment proixrties are ai fair value ai ¢a¢h reporting dale Mith ¢hanges iti fair value recognised in ¢t g(k>S9) on fw value llK)veJnent of investment Propert in the Sfatemeni of FiDaTKJal knuvilies. Inve5tment5 Fixed assei inves¢ments are fftted ai their fair value at the Balance Sheet datr. Unrealised gains and losses represent the differuKe between the market value ai the lMnE and erwj of the fmancial year or, if Purchased in the ye4r, the difference betweeD Cost and tDathi yah ai the eThJ of the )Tar. Reall1 gains a1 10s5es PurChd An the y¢aT. TaxAtioll status Kielldbghl Parish ChUh is T1$£d as • chority f tl of 44>1icable tsxation legislation and is therefore not subject to tsxation on its clwi"¢abl¢ Wivities. The ¢han'ty is registered for VAT and resour¢&% 2. In¢ome from dots*tknll$ & lega¢ics Unr¢#ri¢td Rthricted 2025 2024 57,062 13224 57,062 14,437 61,146 12,512 Tax rQy¢r OD Gift Aid Legaci&s Other donations Other Inwme Grdnts received 1213 7.684 143 269 6.353 14,037 143 108.5(M) 108,769 18,642 241 18.089 78J82 116.066 194,448 155.570 Of the Incon from & l¢ga¢i¢s its 2024, £87,047 vrns Unre aDd £68J23 restricted. P4e 12
Klrk¢udb I hrtskn Cbllrth ofs¢otlnd Notes to the Flll¥n¢tsl Statements 't ended tmbtr Itt¢om¢ from ¢h•rlt#ble •etlvltl Unrejtricted Restricted 2025 21124 780 4,783 780 15,734 2,513 1,440 22,010 2,595 Fundraising activities 10,951 2,513 5.563 13.464 19.027 26,045 Of the incoEDe frotn cRwitsble aaivili in 2024. £12.773 w&$ a1 £13272 restricted. 4. In¢om¢ from other trAdiDg ctiviti¢s Ullrrttrleted Restrieted 2025 21124 Rent Yeceivable 11.948 50.530 62.478 57.620 11.948 50.530 62.478 57,620 Of the Tent receivable in 2024, £11,797 was Unrerrited atKI £43,823 restric* Rents received iD¢luded in Unle fiDyJs aye for Hall lets ard tlw Ilded in restricted are rents rtteived for the AtkiThsoD Place pTr4)ertie 5. In¢oJne from IDvestm¢n¢$ UJw¢stri¢t¢d Restricted 2025 2024 Bank inwest Dividends rec¢ived 4.637 9,295 13,932 5,164 5.164 12,969 5,578 4.637 14.459 19.096 18,547 Of the from itiyestsnents in 2024. £4.622 vds athl £13,925 Testria 6. KxpeDdltur¢ r•lthig fun 2024 Otb¢r Cts ofFwthising 989 4,079 7,046 989 4,079 7,046 Of the expenditttre on raising in 2024. £4.036 UDT¢5knctrd and £3,010 ThlTiCt¢d. P•ge 13
Klrkcudb I Prlth Chureb f Stotla Notes to the Fitiatteiai Sttements for the ¢r ¢ud¢d 31$¢ D¢¢¢mb¢T 2025 Analysis of expelldithre on chritsble utiiryties Unrertrlcted Restrlcied 2025 2024 GIn8 to Grow allocation Presbytery dues Ministrls expenses Other Salary Costs 53.570 1.713 1,728 9.843 1.305 8213 82(K) 2,415 4218 3.709 1.015 276 1.551 53,570 1.713 1,728 9.843 1,305 8213 8200 2,415 4218 3,769 49,542 .279 1,678 9.228 1,913 7,949 8.501 4.464 4,826 3.507 982 217 1.592 227 780 180 4,527 2,300 ioi,000 Light and hi Office expertses Council Tax 179 Bookkeeping fees General expenses Depreciation Hall Fund exEthilure Organ and Cl(Kk Fund Fabric Fund explire World Church Tedm exp¢nditwe 276 1.551 .723 8,723 3,468 3,4 3,4(K) 61.784 61,784 3,468 Heart for Art exditU Friendthi"p Group expeLses Murn5 & Tots expenth'ttre Redevelopment Fund Kirkcudbrighi Churches Together BeqUt Fund EXpeIltUre 678 190 63,645 63,645 438 438 477 678 1.236 1,218 8.(102 477 102.402 139.037 241.439 215.748 Of the eXp"rre on clMrit8ble activities in 2024. £1232 was UDreslricie4 £115,516 restricte4L Support & governance costs have Dot been separdiely identified as the Tnee5 COlder there is only one chan"thble activity. TheTefoTe SUP costs re]ate to that activity and have )t beeD sepaTately identified. Paze 14
KlrkCdb ' bt PArish Chure f ScotlAn l%otes to the FiniDCiAI Statement5 or the 'ur euded $1 De¢ 20 Employees Numbtr of employe The average number of empTroyees 21125 umber 2024 Nrnber Administyation Empl•ymttt ¢••ts 2112S 2024 9,843 9.228 All Church of ScotlaDd cOn8r¢8atiot wntribu to the National Sti]JMI Futsl which bears costs of all Ministers, siipends and eo¥JloyePs conthTr)Uti for National lThsurnntt. peJLsion and housin8 and loan fund. Manisiers, stipends are pd iti aOrde wryth the natiotwl stipetid scde. tAthich is Yelad to years of service. For the year under Teview the Stitl w&s £32.433 and the maximum stipend (in the fiftb and subsequent rars) £39.856. No employees rtteivoj rnnuner •llK•uthiDg to than £60.(XMJ12024. Th)oe). Trnjtee remuneratloD and relted p*rty traHsa¢tlos During the year the Minister T¢irnb for trJvel broadw totalling £1.72812024. £1,679). Ikng the year a iotsi of £13.918 w&$ doJwt¢d th¢ congregation by Trustres (2024- £14.670). the year £1,803.23 poMI to Tnjstres to reimkn them Cor exptt)ses pthd personally {2024 . £2.863). Pye 15
Kirkcudb ' t Parish CbDreb of S¢odnd ote5 to the Financt Stittments for tht eAT ellded 31st Derembtr 2025 TaD8Sble flxed Mets Lnd Amd Cburch Buildiw Silvern¢ OrgaD Computer ¢quipmenl Totsl Cost IvluatioD Ai 151 January 2025 42,J(K) I2,IKK) 20.(KM) 45.808 120.308 At 31st 2025 425LN) 12.(KN) 20.C 45,808 120.308 Depretlatlon Ai 1st Jalluary 2025 20.(MXI 45,808 65.808 At 31 st Dcccmber 2025 20.(KJO 45.808 65.808 Net btstsk vlut At 31 st D¢¢¢mb¢r 2025 415 54,51X) Ai 3 1st Dcccmber 2024 42,5(KJ 12,IKK) 54,5fK) The Church Hall silvenvare are inchhled in the cOUDL$ ai a valuation provided by the Trusttts as no market value is readily available. In the circUmseS the TnLStees believe that DO provtsion for deprwiati¢)n on these &ss¢ts thould b¢ mad¢ and will rrnryew the valuations at each )rar end to det¢rn thth¢r or noi tky r¢main Investments 2(125 2024 Ai 1st January 2025 Disposals GaiTV(105s) on iDve5ttncDts ,593,628 1.570,902 19,574 19,127 22,726 Ai 3 1st Dwe¥uber 2025 lJ93,181 1,593.628 Investsnents at cost 180,309 191.015 The following itivestm held. The Church of Scotland ltsveswrs Tntst Gro1 Futhl 263.181 263,629 IJ30,(KK) 1.330,000 1.593,181 1,593.629 The investment propenies are included in the w8luati(trn pmvid¢d by the Tn¥¢S. king an estinjatr of their fair VAI. P•ge 16
KtrkeudbrS ht Partsh Cbureb ol se0t1d Noies io the Finncl#l Si#iemeDts for the er ended 31st December 2025 12. Debtorn: ll reteivble one yer 2025 2024 Trdde debio Prepa)ments 56.943 1,879 22,868 1,643 58.822 24.511 13. Crtdltors: amoullti f]IID8 de wltkdn one y¢Ar 2025 2(124 C[ltOrS 46,826 20.055 46,826 20,055 14. All*lysl8 ofnet betheen fllnd Toial Funds 21125 Unrestrfrted Dtslenlted Rttirlcted Fullds Fund Fixed &&sets Investments 54 JOO 54,500 .593.181 488,424 146.826) .593.181 351,352 144.331) 22.544 (2.4951 114528 Currtht li#biliti¢s 20.049 169,028 1.900,202 2,089,279 15. Voluntee made by volunte¢rs wkn gi thcir tsmc aThl thlcnts lI]inglY for the benefii of the Church. The aTeas of congregatio11 life which lY on the CODtnbuuon of voluDtr¢f5 are many ord vwivj and much of the actiNryty would be uthl¢ to Wntin Arre it foT the COnlImen1 slKSWn. Pqe 17
KArkeudb I Prlsh Churth of ScotlADd Notes to the Flnantlal Sttemtllts be ember 202$ e#r io. Anaiyth of ¢h#rft•ble funds BAIAnce BAl•n¢e IDcon Expethdltsre Trnsftr% 11(10$$) 31112125 oimin5 Unrestrleted: 28,547 95J08 {98,806) (5,1XKI) 20,049 Fabric Fund Reserve Furtsj Ass¢¢s Fund Redcvelopment Running Fund Heart for Art Fw F Bequest Fur1 11,988 72.8 54.5(K) 3.510 641 24269 645 3201 (3.467) 14,166 75209 54.500 (3.525) 641 (477) lJ61 25.153 Tot ullre fund• 195,463 I(KS,530 {103J91) (3.525) 189,077 Restrieted fundi A Organ and Clo¢k Fu Youth Proj¢ci Fund Chureh Renovation Ftsttd World Cburrh Team Fu1 Atkinson Place Fd Pa]nher Bequ¢st Fw Mums & Tots Friendship Group Fund I KiTkcudbrighi Churches Together Redevelopment Project Fund Redevelqytn¢nt ExpeNes Fu1 23,878 11,198 39,736 702 .598.678 23,163 1,195 701 1258 390 1.748 2.774 55.734 679 289 525 299 128,857 1,966 18,723) 16.413 11,588 (41,484) (3.4(K)) {61.963) 76 18.544 1,610.993 1.012 24,854 1.294 548 201 228.744 5,491 (190) (678) 438 (66.735) 125.138 41.484 3,525 .824.729 194519 {142.127) 3.525 19,556 1,9(K)202 Totsl fundi 2.020.192 295.049 (245.518) 19.556 2.089279 GeDeral Unrestricted Fwid3 The TnleeS these fimd8 for the 8enernl day to day knttsess of the Cbure]L Purpo of RestrActed FuDd8 A For the maintenance of the Church (hytt Steeple Ck B ForLse in r¢laiion to chh pyojttts involvitig young people. C For rery)v3ti(m nece&4ry the Churcb bjilding. D For use by tht World Church TeaLx r¢quir¢d ongoing projects. E For the upke¢p maintenae of rented aCcoMtion in AIttLS HO ID AtkÉoson Plxe. in order to provide those rc5idcnts of Kirkcudbrighi or its parisbts or tIKP5C wishing to Kld¢ in Kirkcudbrighi Mthom the Tn1tts in their discrnion consider are in need. having Tegard theiT age, heal n, perwnal ¢]r¢utyt8nCeS, or connection io Kirk¢udbrighi or Kirkcudbrigbi PaTish Chur¢l or ally one or more of such criteria. F To awyrd finatal to anyone in the Parisb or a methberladhereDt of the congregation th is in fin8ncial. phjsical or etnotional nert arml the 11¢1 &ilitie4 iLstaU a IKJI drink sefvery at eIthall entrancew7y at the cburth. G To purchase equip]1 for gmup l¢b provides gjpport ther5 atKI childre H To supwrt the OllEO]ng activities of the Churcb's FrieDJship GrcAw. I To nn¥fe fjontributs'oo5 w the ecutllenical swwi gro of th P*8e 18
Kirkeudbrl t Chllreh f StotlxD Notes to the FllwiciAI Sthtemellts or ended 315t December 2025 J For projects and pllrp con4)risin8 the rethvelopjnent of th¢ Church Building {fonn¢Ay a Dc5ignated Fund until Dttemkr. 2022). K For iTrdir¢cl locom¢ toward% ¢XF¢nditure the Church redevelopment that is outwith direct financial suppon or investrneot in building proje or equipnxni (fornlY a Designated fimd until January 2025) Purposes of Deslgnited Funds A The Trustees have set Lside funds for the of the Church Chwch Hall aTrJ Chwch Manse. B The Tnte¢S have aside funds to be held in re5crve for Church use required. C The T[$eS hav¢ s¢t a8i¢k 8 sum equiv8 ¢0 the value of certain fiKe41 assets [)sed in the or equipmenL E FuTrJs to support art for demcJJtia 5ufferer5. P*¥e 19