Loch Tay & Glen Lyon Church of Scotland.
| |
## Congregational accounts
for the year ended 31st December 2025
## Congregation Number - 271630
Charity number - SC006260
## LOCH TAY & GLENLYON CHURCH OF SCOTLAND
## Reference and administrative information
## Charity name:
Loch Tay & Glenlyon Church of Scotland
## Charity registration number:
SC 006260
## Congregation reference number:
271630
## Contact address:
Mrs. Olive Munro Ben Lawers View, Ardtalnaig, Aberfeldy PH15 2HX
## Minister
Moderator Rev. Joanne Foster as of October 7, 2025
## Trustees and Office Bearers
The following peopie served from 1% January 2024.
## Trustees (Elders)
Mr Alex Towns, Session Clerk
Mr James Duncan Millar, Assistant Session Clerk
Dr Elaine Melrose, Assistant Session Clerk
Dr Gordon Stark, Mr Robert Brown, Mrs Kate Conway, Mrs Margaret McLaughlin, Mr Kenny MacVicar, Mr Ronnie Munro, Mrs Sandra Seath
## Office Bearers
Mrs Olive Munro, Treasurer
Independent examiner Carolyn Steven 38 Lanark Road West Edinburgh EH14 5JY
Bankers: The Royal Bank of Scotland, 14 Allan Street, Blairgowrie, PH10 6AD
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## TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 31*%* DECEMBER 2025
## Structure, governance and management
## Governing document
The church is administered in accordance with the terms of the Deed of Constitution.
## Recruitment and appointment 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 members of the church who are considered to have the appropriate gifts and skills to contribute to the management of the affairs of the church. The Treasurer is appointed for a term of three years and may apply to the Kirk Session for a reappointment for a further term of three years. The current term expires on 31st December 2028..
## Organisational structure
The Kirk Session is chaired by the Interim Moderator, normally meets four times a year and is responsible for all the spiritual and temporal affairs of the church
The business structure is managed by the Kirk Session. The Kirk Session, meets a minimum of four times a year and is responsible for the spiritual affairs and temporal affairs within the Church.
## Objectives and activities
The Church of Scotland is Trinitarian in doctrine, reformed in tradition and Presbyterian in polity. It exists to glorify God and to work for the advancement of Christ's kingdom throughout the world. As a national church, it acknowledges a distinctive call and duty to bring the ordinances of religion to the people in every parish of Scotland througha territorial ministry. It co-operates with other Churches in various ecumenical bodies in Scotland and beyond. Its aim is to model love and community by the way in which it works together as a congregation and by its interaction with local community and the world at large.
## Achievements and Performance
Loch Tay & Glenlyon Church has now, through circumstances beyond our control, been in vacancy for several years. We are indebted to Rev. Robert Nichol, our Ordained Local Minister, for providing pastoral support and conducting worship and to dedicated volunteers, within the congregation. Through the Presbytery Mission Plan the congregation were given a new future. This is reflected in the new name, “Loch Tay & Glenlyon Church.’ It was also linked with Rannoch Church of Scotland and a Church of Scotland Minister was appointed on 7" October, this year. This has enabled enabled new initiatives to be planned and undertaken. These include:- pastoral visitations; further engagement with parish groups and school chaplaincy in both Kenmore and in Glen Lyon. A joint Bereavement Service with our linked congregation, Rannoch Church of Scotland, also took place.
The missional work of the congregation has continued through financially supporting the work of Christian Aid; Poppy Scotland; and local charities that foster support for differing age groups. Throughout the year, the Outreach Group, led by Sandra Seath, continued to engage with church members and the wider community via the Church Newsletter.
Worship takes place weekly. Until recently, worship was shared between the Fortingall Church building and Kenmore Church building. The final regular service of worship took place on Sunday 23" November in the Kenmore Church building, with weekly worship thereafter taking place in the Fortingall Church building. A highly successful Christmas Eve Service took place in the Glenlyon Church building as a means of outreach and encouragement to individuals who resided in the glen; and visitors to the area. Page 2
## Financial review
Receipts were £64,636.00 Payments were at £58,201.00 The market value of the Growth Fund Units at the end of 2025 was £138,666.00
## Reserves policy
It is the policy of the Trustees to hold the equivalent of one year’s general expenditure in the general fund and to hold a further year’s general expenditure in the reserve fund. It is the policy of the Trustees to hold sufficient in the fabric fund to meet major items of repair and maintenance. We have sufficient funds in both the Revenue and Fabric accounts to maintain all Churches for one year.
## Statement of trustees' responsibilities
Charity Law requires the Trustees to prepare financial statements, for each financial year, which showa true and fair view of the state of affairs of the charity and its financial activities for that period. In preparing those financial statements, the Trustees are required to:
- — select suitable accounting policies and then apply them consistently;
- * make judgments and estimates that are reasonable and prudent;
- state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements: and
- * prepare the financial statements on an ongoing concern basis, unless it is inappropriate to presume that the charity will continue in operational existence.
The Trustees are responsible for keeping proper accounting records, which disclose, with reasonable accuracy, at any time, the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities and Trustee Investment Act (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. They are also responsible for safeguarding the assets of the charity and for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Trustees and signed on their behalf by:
Mir. Alexander Towns, Session Clerk, Date: February 5, 2026
Page 3
## Report of the independent examiners to the trustees of Loch Tay and Glenlyon Church of Scotland
We report on the accounts of the charity for the year ended 3ist December 2025, which are set out on pages 5 to 8.
## Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustees Investment Act (Scotland) 2005 and the Charities Accounts (Scotland) Regulations 2006.
The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply. It is our responsibility to examine the accounts as required under section 44(1) ( c ) of the Act and to state whether particular matters have come to our attention.
## Basis of independent examiners’ statement
Our examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006.
An examination includes a review of the accounting records 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 seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the accounts.
## Independent examiners’ statement
In the course of our examination, no matter has come to our attention:
- 1) which gives us reasonable cause to believe that, in any material respect, the requirements:
- eto keep accounting records in accordance with section 44(1)(a) of the 2005 Act Regulation 4 of the 2006 Accounts Regulations, and Regulation 4 of the 2006 Accounts Regulations, and
- e to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations, have not been met, or
|Regulation9ofthe2006AccountsRegulationshavenotbeenmet,or|
|---|
|2) to which, in our opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be reached.|
|Signature
La SEs.|
|Date:
February 27, 2026|
|Name:
CarolynSteven|
|Address:
38LanarkRoadWest|
|Edinburgh|
|EH145JY|
Page 4
## LOCH TAY AND GLENLYON CHURCH OF SCOTLAND
||Receipts and payments account|||||||||
|---|---|---|---|---|---|---|---|---|---|
||forthe yearended 31st December2025||Unrestricted||Restricted|||Total||
|||||funds||funds||||
|||note||2025
£||2025
£||2025
£|2024
£|
||Receipts|||||||||
||Donations|v4||29792||||29792|32951|
||Activities forgeneratingfunds|||418||||418|1730|
||Bankand Deposit Income|||4014||3024||7038|7725|
||Receiptsfrom investments|||3418||202||3620|2859|
||TransferofFunds from Consolidated Fabric Fund||||||||3640|
||DCMS|||7994||||7994|7405|
||Total receipts||45636
3226
48 862
56310
nr|||||||
||Payments|||||||||
||Charitable activities|4||48 201||||48201|36625|
||Kenmore Restoration|||||16516||16516|36430|
||Fortingall Fabric|||||2500||2500|4800|
||Totalpayments||48 201
19016
67217
77855
nee|||||||
||Excessof receipts (payments)fortheyear||(2565)
SSS|||(15 790)||(18355)
NN|(21545)
eee|
||Statement ofbalances|||||||||
||at 31st December2025|||||||||
||||Unrestricted||Restricted|||Total||
|||||funds||funds||||
|||2||2.025||2025|#|2.025|2.024|
||Bankand cash balances|||£||£||£|£|
||brought forward|||91 481||84905||176386|197931|
||movement in the year|||||||||
||excessofreceipts(payments)fortheyear
carried forward||(2565)
(15790)
(18355)
(21545)
88 916
69115
158 031
176 386
ne|||||||
||Investments atcost|5|95055
8378103433.103433"
Se|||||||
||Assets||“183971.|||77493261464279819"||||
|||Current market value of investments £138,666|||||||||
||Third Party Collections|||||||||
||Collected in 2025|||||||||
||The Larder£250.00|||||||||
||SCAA £250.00|||||||||
||The accounts were approved bythe Kirk Session on February 06,||2025|||||||
||forand on behalfofthe Kirk Session||||\|||||
|||Olive Munro||Z& 1|||7|-||
|||Treasurerand|and OfficeBearer|||||||
|||Date: February 5, 2026||||||||
|||Page5||||||||
LOCH TAY AND GLENLYON CHURCH OF SCOTLAND Notes to the accounts for the year ended 31st December 2025
2 025
2 024
£
## 1 No Trustee received any remuneration Manse council tax paid by renters
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2 Special collections and raising for other charities (not shown elsewhere in accounts)
Within and in addition to the general fund receipts recorded on Page 5, receipts from special collections and
fund raising events for special Purposes were received and disbursed during the year to other charities:
Aberfeldy Larder Larder 415
Earl Haig Poppy Haig Poppy Poppy 140
LochTay First Responders Responders 0
Scotland's Charity Air Ambulance Charity Air Ambulance Air Ambulance Ambulance 375
Moderators Challenge 300
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Aberfeldy Larder Larder 415 200
Earl Haig Poppy Haig Poppy Poppy 140 300
LochTay First Responders Responders 0 550
Scotland's Charity Air Ambulance Charity Air Ambulance Air Ambulance Ambulance 375 225
Moderators Challenge 300 0
1 230 1275
3 Balance at Incoming Outgoing Balance at
Movement in funds 31/12/24 resources resources Transfers 31/12/25
Unrestricted funds note £ £ £ £ £
General fund 100144 43 381 (48 201) 10000 105 324
Fabric fund 35249 1565 36 814
RestrictedReservefundfund 58074 689 58 763
Social services fund 12633 322 12955
Kenmore Fabric 43870 1256 (16 516) -10000 18 610
Fortingall Fabric 12839 1275 (2500) 10000 21614
Fortingall Historical 1005 106 1111
| Glenlyon Historical 3013646005 48 862268 (67 217) 2616273 464
| Purposes of unrestricted funds a
The fabric fund may be used on the fabric of the church and the manse
The reserve fund may be used in the same way as the general fund.
Purposes of restricted funds
The social service fund may be used for making charitable donations
4 Analysis of payments 2 025 2 024
Charitable activities £ £
Giving to Grow 19 213 5912
Presbytery dues 671 693
Pulpit supply 1321 1515
Organist and Cleaners payment 1200 1577
Life and Work expenses 123 210
Publicity and Adverts 227 283
Miscellaneous expenses 1454 455
Fabric maintenance church 1965 1272
Fabric maintenance Manse 4045 723
Organ
Electricity [Church] 0 360
Electricity Manse 7135 5 498
insurance Church 299 520
Insurance Manse : 4716 4277
Oil Church 143 193
Donations 2616 4003
Cost third parties 1230 1275
of Fundraising 162 445
Fabric Church Assessibility is) 5039
MinistersMinisters MileageInduction 463 0
Ministers 589 0
Phone 384 ie]
Nominating Committee 245 0
48 201 34 250
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Page 6
LOCH TAY AND GLENLYON CHURCH OF SCOTLAND
Notes to the accounts for the year ended 31st December 2025
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||||||||
|---|---|---|---|---|---|---|
|5|2|025|2|025|2|025|
|Investments|quantity|3|£|£|
|Investors Trust Church|of Scotland|Growth Fund purchased 2020|Units|Cost|Value|
|General fund|10132|52484|76072|
|Reserve Fund|7602|42571|10 292|
|Social Service Fund|1|496|8378|52302|
|Totai Investments|19230|103433|138 666|
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6 Minister's stipend All Church of Scotland congregations contribute to the National Stipend Fund which bears the costs of all ministers stipends and employer's contributions for national insurance, pension and housing and {oan fund. Ministers’ stipends are paid in accordance with the national stipend scale, which is related to years of service. ofFor service the year£39,856 under review, the minimum stipend was £32,433 and the maximum stipend in the 5th and subsequent years
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||||||
|---|---|---|---|---|
|At 31st December 2025,|the following|estimated|amounts were owed|to the congregation|
|Gift Aid|Recovery|5000|
|7|Analysis|of donations|2.025|2.024|
|General|£|£|
|Gift Aid and|Covenants|15 987|17 247|
|Tax recovered|(Gift Aid)|5677|5227|
|Ordinary offerings|1637|2015|
|Other offerings|0|135|
|Weddings and|funerals|1473|2 364|
|Donations|for third|parties|1730|1475|
|Glebe|Rent|200|200|
|Donation|Box|2988|3 288|
|Miscellaneous|Income|100|1000|
|29|792|32|951|
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## LOCH TAY AND GLENLYON CHURCH OF SCOTLAND Year ended 31st December 2025
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|||||||
|---|---|---|---|---|---|
|APPENDIX|1|
|Funds held on behalf|ofthe congregation by the Church ofScotland general trustees|2025|2024|
|Capitai accounts (5527163027|& 56271 630)|
|Credit balance on account 562716307 held at 31st December at cost|£43,839.59|£43,839.00|
|Market|value of|balances at 31st December|on account 55271630|£60,529.07|£58,321.00|
|of new central|heating|system for Church)|
|Revenue accountTemporary (50271630) Fund (85271630)|£|3,802.60|£|-|
|Credit balance at|31st December|£|9,574.46|£|7,407.00|
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