Trustees Annual Report including Annual Receipts & Payments Accounts
for
Teviothead Parish Church of Scotland
for the period to 31[st] December 2025
Scottish Charity No: SC006917 Congregational Reference No: 60377
Teviothead Parish Church Annual Report & Financial Statements for the year ending 31[st] December 2025 Scottish Charity No SC006917 Congregation Ref No 60377
Index
| Page | 3 | Reference & Administrative Information |
|---|---|---|
| Page | 4 - 6 | Trustees Annual Report: |
| Page 4 Structure Governance & Management | ||
| Page 4 Objectives & Activities | ||
| Page 5 Achievements & Performance | ||
| Page 6 Financial Review & Statement of Trustees | ||
| Page | 7 - 12 | Annual Accounts: |
| Page 7 Receipts & Payments Account | ||
| Page 7 Statement of Balances | ||
| Page 8 - 10 Notes to the Accounts | ||
| Page | 11 | Independent Examiners Report |
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Teviothead Parish Church Annual Report & Financial Statements for the year ending 31[st] December 2025 Scottish Charity No SC006917 Congregation Ref No 60377
Reference & Administrative Information
Charity Name:
Teviothead Parish Church of Scotland
Scottish Charity No:
SC006917
Congregation Registration No:
The Charities Principal Address:
60377 16 Longhope Drive Hawick Roxburghshire TD9 0DU
Charities Trustees on date of approval including office held:
Rev Lisa Jane Rankin Minister Mrs Caroline M D Tullie Session Clerk/Elder Mr James Pow Elder Mrs Sally Martin Elder
Trustees removed during the period:
None
Names of other trustees during the period:
None this period
Independent Examiner:
Sue Bennett ACIE 21 Dounehill JEDBURGH TD8 6LJ
Bankers:
Bank of Scotland High Street HAWICK
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Teviothead Parish Church Annual Report & Financial Statements for the year ending 31[st] December 2025 Scottish Charity No SC006917 Congregation Ref No 60377
Structure, Governance & Management
Governing Document:
The Church is administered in accordance with the terms of a Unitary constitution.
Trustee Recruitment & Appointment:
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 appropriate gifts and skills. The Minister, who is a member of the Kirk Session, is elected by the congregation and inducted by Presbytery.
Organisational Structure
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 a duty to bring the ordinances of religion to the people in every parish in Scotland through a territorial ministry. It co-operates with other churches in various ecumenical bodies throughout Scotland and beyond. The life of Teviothead Parish Church attempts to make the church inclusive to all.
Objectives & Activities
Weekly Services on Sunday mornings, Weddings, Baptism and Funeral services to church members, residents of the Parish of Teviothead and the general Public.
Special services at significant times throughout the year. Occasional joint services with Wilton Parish Church to which we are linked.
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Teviothead Parish Church Annual Report & Financial Statements for the year ending 31[st] December 2025 Scottish Charity No SC006917 Congregation Ref No 60377
Achievement and Performance
The Reverend Lisa-Jane Rankin is our minister, having been ordained and inducted to this charge in 2003. We have continued to hold lunches in the village hall for members, local people, members of Hawick: Wilton with whom we are linked, as well as other members of the public. This provides income for the church and other charities, but most importantly, it provides fellowship for those who may not see many people in the course of a week. We have also extended this by buying a supply of food containers which are sent to people in the valley who are housebound, thus helping them feel connected to the community. The parish is set in a rural community, and we held a very successful Harvest Supper & Songs in the village hall, welcoming old friends and new to the event. We held a Summer Songs of Praise, and the worshipping community, along with those from Hawick: Wilton and members of the Salvation Army were in attendance. The Christmas Eve service continues to be popular, and this enhances our normal worship as well as allowing families who originally belonged to the valley but live elsewhere, the chance to catch up with friends and family. We always begin our Remembrance Service beside the war memorial, where the names of the dead in World War One and World War Two are recorded, including the sons of one of the previous ministers. The annual Mason’s service in memory of the Reverend Henry Scott-Riddell took place also in the church.
Our property convener has made sure the building is being kept wind and watertight, as per Church Law. Although insurance has increased yet again, we continue to make sure that everything that is required under health and safety is complied with.
Sadly, under the Presbytery Plan, the church building will be closed next year and sold. We have been looking at the union of Teviothead with Hawick: Wilton. We hope that the union will mean that we can continue to provide worship opportunities at Teviothead, albeit in an alternative venue. We are forging strong links with Hawick: Wilton, and are looking forward to working together in a more meaningful way, to provide worship, community life and exploring what it means to be Christians in our world today.
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Teviothead Parish Church Annual Report & Financial Statements for the year ending 31[st] December 2025 Scottish Charity No SC006917 Congregation Ref No 60377
Financial Review
Statement of Reserves Policy:
It is the trustees’ policy to hold reserves of approximately two year’s expenditure approx. £14,000. At the year end the church held £2,805.78 (see note 5) in general unrestricted funds, £662.98 in a Church of Scotland Consolidated Fabric Fund and £ 934.50 in Mission Funds and £76,084 in share values (see note 13).
Details of any deficit:
There was a small deficit this financial in general funds, the Trustees will continue to monitor all the funds.
Details of Donated Facilities & Services:
The charity benefited from 300 hours of volunteer time running the Kirk Session meetings and events.
Statement of Trustees Responsibilities
The members of the Kirk Session must prepare financial statements which give sufficient detail to enable an appreciation of the transactions of the Church during the financial year. The members of the Kirk Session are 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 financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 and the Regulations Anent Congregational Finance approved by the General Assembly of the Church of Scotland in 2007. They are also responsible for safeguarding the assets of the Church and must take reasonable steps for the prevention and/or detection of fraud and other irregularities.
Approved by the Trustees and signed on their behalf
Caroline Tulllie Session Clerk
Dated:
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Teviothead Parish Church Annual Report & Financial Statements for the year ending 31[st] December 2025 Scottish Charity No SC006917 Congregation Ref No 60377
Teviothead Parish Church of Scotland Receipts & Payments Account Year Ended 31[st] December 2025
| Notes Receipts Income from Donations Church Collections Donations 7 Stewardship Collection Fees Gift Aid Income from Fund Raising Events Other Charitable Activities 8 Receipts from Investments Interest & Dividends Total Receipts Payments Costs of Generating Funds 9 Charitable Activities 10 Governance Costs 11 Other Payments 12 Total Payments Surplus/(Deficit) for the year Transfer between Funds Surplus/(Deficit) for Year Statement of Balances as at 31st December 2025 Opening Balance 1st January 2025 Surplus/(Deficit) for Year Closing Balance 31st December 2025 Total Funds |
General Funds Endowment Funds 2,251.50 0.00 915.18 0.00 20.27 0.00 105.00 0.00 1,109.77 0.00 781.80 0.00 1,800.00 6,756.00 |
Total 2025 2,251.50 915.18 20.27 105.00 1,109.77 781.80 8,556.00 |
Total 2024 2,426.04 324.00 0.00 250.00 1,157.63 213.00 5,212.00 |
|---|---|---|---|
| 6,983.52 6,756.00 |
13,739.52 | 9,582.67 | |
| 41.40 0.00 4,150.61 0.00 250.00 0.00 3,786.42 0.00 |
41.40 4,150.61 250.00 3,786.42 |
38.40 1,46.07 250.00 4,101.51 |
|
| 8,228.43 0.00 |
8,228.43 | 5,935.98 | |
| (1,244.91) 6,756.00 0.00 0.00 |
5,511.09 | 3,646.69 | |
| (1,244.91) 6,756.00 |
5,511.09 | 3,646.69 | |
| General Funds Endowment Funds 4,403.26 76,084.00 (1,244.91) 6,756.00 |
Total 2025 80,487.26 5,511.09 |
Total 2024 76,840.57 3,646.69 |
|
| 3,158.35 82,840.00 |
85,998.35 | 80,487.26 |
Financial Statements approved by the Kirk Session on …………………… and signed on its behalf by:
Signed...........................................................................Treasurer Signed ...........................................................................Elder
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Teviothead Parish Church Annual Report & Financial Statements for the year ending 31[st] December 2025 Scottish Charity No SC006917 Congregation Ref No 60377
Teviothead Parish Church of Scotland Notes to the Accounts
1 Trustee Remuneration and Related Party Transactions
During the year the Minister, acting as a trustee, received reimbursement of travel expenses made from 12 monthly payments of £8.145 made payable to the Church of Scotland, totalling for the year £97.74 No other Charity Trustees received any remuneration during the financial year.
2 Movement of Funds
| At 1st Jan | Incoming | Outgoing | Transfers | At 31st Dec | |
|---|---|---|---|---|---|
| 2025 | Resources | Resources | 2025 | ||
| Endowment Funds | 76,084.00 | 6,756 | 0.00 | 0.00 | 82,840 |
| Unrestricted Funds | |||||
| General Funds | 4,403 | 6,743 | 8,061 | 0.00 | 3,086 |
| Winter Warm Grant | 0.00 | 240 | 167 | 0.00 | 73 |
| Total Funds | 80,487 | 13,739 | 8,228 | 0.00 | 85,999 |
3 Endowment Funds
The capital reserve represents a legacy from the late Adam Glendinning to be used by the Kirk Session for such purposes as they, in their sole discretion, shall consider to be in the best interests of Teviothead Parish Church. St James’s Palace Wealth Management is a share value and therefore, the value is adjusted each financial year accordingly.
4 Restricted Funds
There are currently no restricted funds.
5 Unrestricted Funds
The unrestricted funds are expendable at the discretion of the trustees in furtherance off the objectives of the charity. The Trustees wish to ring fence the following items
| Consolidated Fabric Fund | 725.98 | |
|---|---|---|
| Church Fabric Fund | 427.93 | |
| Winter Warmer Fund - Restricted | 72.94 | |
| General Funds | 1,931.50 | |
| £3,158.35 |
6 Tangible Assets
The charity has the right to occupy and use for its charitable object’s certain tangible fixed assets, including the Church and Manse, vested in the Church of Scotland General Trustees. No consideration is payable for the use of these assets.
Expenditure incurred on the repair and maintenance of these assets is detailed in the Property Costs on the receipts and payments section of these accounts.
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Teviothead Parish Church Annual Report & Financial Statements for the year ending 31[st] December 2025 Scottish Charity No SC006917 Congregation Ref No 60377
Teviothead Parish Church of Scotland Notes to the Accounts continued
| 7 Income from Donations | 2025 | 2024 | |
|---|---|---|---|
| Donations | 10.00 | 324.00 | |
| CofS - Energy Claim | 640.18 | 0.00 | |
| CofS – Winter Warm Grant | 240.00 | 0.00 | |
| Bank of Scotland – Compensation | 25.00 | 0.00 | |
| Total | 915.18 | 324.00 | |
| 8 Income from Fundraising Events | |||
| Collection for Third Parties | Combat Stress |
0.00 | 10.00 |
| Dementia Care | 250.00 | 0.00 | |
| Tear Fund | 190.00 | 0.00 | |
| Winter Warmer Lunches | 341.80 | 203.00 | |
| Total | 781.80 | 213.00 | |
| 9 Costs of Generating Funds | |||
| The costs of generated funds this year were as follows: | |||
| Other Expenses Lady Haig's Poppy Factory | 41.40 | 38.40 | |
| Total | 41.40 | 38.40 | |
| 10 Charitable Activities – Expenses | |||
| The costs of Charitable Activities this year were as follows: | |||
| Ministries & Mission Allocation | 0.00 | 1,215.00 | |
| Presbytery Dues | 93.00 | 104.53 | |
| Ministers Expenses (monthly contribution of £10.86) | 130.32 | 97.74 | |
| Giving to Grow Fund | 2,291.00 | 0.00 | |
| Collection for Third Parties | (Dementia Care & Tear Fund) | 440.00 | 10.00 |
| Organ Costs | 738.00 | 0.00 | |
| Harvest Supper | 0.00 | 35.00 | |
| Printing | 0.00 | 28.80 | |
| CofS Winter Warm Grant Spend | 167.06 | 0.00 | |
| Teviot Show | 68.00 | 55.00 | |
| Banners/Flowers/Easter Cards & Advert/Xmas Cards | 173.00 | 0.00 | |
| Hall Hire | 40.00 | 0.00 | |
| Bank Charges | 10.23 | 0.00 | |
| Total | 4,150.61 | 1,546.07 |
11 Governance Costs
There was only one Governance Cost this year the Independent Examination of Accounts.
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Teviothead Parish Church Annual Report & Financial Statements for the year ending 31[st] December 2025 Scottish Charity No SC006917 Congregation Ref No 60377 Teviothead Parish Church of Scotland Notes to the Accounts continued
12 Other Payments
Other payments are the Property costs, this year are made up of the following:
| 2025 | 2024 | ||
|---|---|---|---|
| Fabric Repairs & Maintenance | 216.30 | 632.07 | |
| Manse - Shared Costs | 933.35 | 719.42 | |
| Electricity | 768.02 | 1,053.96 | |
| Insurance | 1,868.75 | 1,696.06 | |
| Total | 3,786.42 | 4,101.51 |
13 Investments
Investments for the Teviothead Parish Church, Endowment Funds are made up of the following shares and their value at St James ’ s Palace Wealth Management as at 31[st] December 2025
| Account Number UT10397917 | |||
|---|---|---|---|
| Shares | Value | ||
| Strategic Income Unit Trust | 16,105.93 | 17,845 | |
| Diversified Bond Unit Trust | 11,453.60 | 12,381 | |
| Global Value Unit Trust | 17,315.55 | 20,484 | |
| Property Unit Trust | 10,08.59 | 2,043 | |
| Worldwide Income Unit Trust | 15,108.41 | 16,529 | |
| Investment Grade Corporate Bond Unit Trust | 7,026.49 | 7,490 | |
| UK Equity Income Unit Trust | 4,766.37 | 6,068 | |
| Total Value | £82,840 |
14 Consolidated Fabric Fund
Church of Scotland Consolidated Fabric Fund
The Church of Scotland holds funds as a Fabric Fund for ecclesiastical purposes of the Parish and Manse of the linked charge so far as vested in General Trustees. The Transactions on this fund during the year were:
| Credit Balance at 31st December 2024 Income Received Retention released Credit Balance at 31st December 2025 |
2024 632.36 30.62 0.00 662.98 |
2025 662.98 105.00 42.00 |
|---|---|---|
| 725.98 |
15 Ministers Stipend
All church of Scotland congregations contributes to the National Stipend Fund which bears the costs of all minister’s stipend and employers contributions for national insurance, pension and housing and loan fund. 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 in the 5[th] and subsequent years of service £39,856
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Teviothead Parish Church Annual Report & Financial Statements for the year ending 31[st] December 2025 Scottish Charity No SC006917 Congregation Ref No 60377 Independent Examiner’s Report on the Accounts
Report to the trustees of Teviothead Parish Church of Scotland Registered charity number SC006917
On the accounts of the charity for the period to 31[st] December 2025 Set out on Pages 7 to 9
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 Trustee Investment (Scotland) 2005 Act 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 my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My 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 seeks 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, I do not express an audit opinion on the accounts.
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 Accounts Regulations
have not been met, or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed: ............................................................ Sue Bennett 21 Dounehill Jedburgh TD8 6LJ
Date: ................................................................
Relevant professional qualification(s) or body:
ACIE & Dip Business & Finance
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