Charity registratio number.. SC007470 Congregation number.. 31192S SYRATHDEVEROII commu14 CMURCH OF SCOTLAND TRUSTEES. REPORT AND UP4AUDrrED FINANCIAL SYATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 M Squxed Lid
Strathdeveron Communlty Churth of Scotland Contents Pa9e Reference ènd Administrative Details Trustees. Report Independent Examiner's Report Statement of Flnantial Activities Comparative Statement of Financial Attivities statement of Financial Position Notes ro the Financial sratements 8-15 The following pages do not form part of the statutory accounts.. Detailed Statement of FinorKlal Aetivtty"es 16-17
Strathdeveron Communlty Churth of Scotland Referen and Admlnlstratlve Deta¥ls For The Year Ended 31 December 2025 Reference and Admlnlstrètive Informatlon Charity Name: Charlty Reglstratjon NUmr. Congregatlon Reference No: Contact Addre•s: strathde¥eron Commun¥ty Church of Scotlahd SC007470 311928 Strathdeveron Community Church Gladstone Terr•ce. Turrlff, AB53 4AT TRUSTEES Mlnl$ter Rev Kevin Gruer Eld•rs George 8erston Tracy Brook Angela 8rwks Neil 8urnett Sheila tjurnett Dougld5 Connon Lynne Crulckshank Michael Daley Ine Dall Shona Deldav Sandra French Susan Grav Stephen Hay Elizabeth Horne Yvonne Inglis Daviij Nicoll Molra Nlcoll Alisan Norrte Allan Stephen AndW Strachan Ashley Strachan David Taylor Krisrinè Watts Audrey Whyte Caroline Alexander Helen Anderson Joyce 8eaton Kenneth Beaton Mary Berstan Margaret Brown Dolina Bruce Frances Carneron Alfred Cheyne Gladys Cheyne Eva Colllns Gwen Connon Irls Garden Dorothy Grant Roger Grint Freida Hay Gordon Hav Ine Howltt Pjt McKay Alison Mackie Allstair Mackie Joan McMi114n Linda Mllne Maureen Mllne Sally Morrison Rachel Morton Sandy Norrie Ann Norrie Clifford Plrie Robert Pine bert Rejd Elrna Rennie James Aennle Margaret Rennie Dorothy Rjtchie Sarah Robertson Duncan Robb Ul Robb Doreen Sharp Katherine Sirn vsttor Smith Chd5tine Stephen Allstaii Strachan lsobel Taylor Pat Tough Eric Wilson Wilma Norrie Elsle Anderson Nancy Barron Kirsty Brown Margat 6Wn Alan Bruce t)enise Burnett Jim Gray Sandra Gray Sheila McHattie Jenny McKay Margaret Milne iona Plrie Lorna Pr15e Moira Stewart Paula Taylor Prlnclpal Offlc*bearers: Mlnlster Rev Kevin Gruer Ses$lon Clerk Mrs Kristrna Wa Church Tr•a5urer (non4rustee) Ms Jane 8isset Independent examln•r Michael Murray FCCA Squared Accotsntants Ltd 8ank Mouse Seaforth Street Fraserbur9h A843 9a Bankers Viryin Money
Strathde¥en)n Comm¥ttlty Church of Scotlond Trustees. Report For The Year Ended 31 December 2025 The rrustees present their report ar the financial statements for the year ended 31 December 2025. Change of Charlty Name On 5 June 2025 a change was made to the charity name v4hen 5 churches united. retalning the tharity number of Ttsrriff St Ninians & Forglen Parish Church of Scotland urMJer the new name of Strathdeveron Cofnmunity Church of ScoU3nd. The name change reflecred the union of the following char4tie5.' Klng Edward Parlsh Church Df Scotland (Congregation no 342024. Former charity rKJ 5C0150771 Marnoch Parlsh chh of Scotland (Congregation no 342030, Fomier charity no SC0011071 Monquhittèr & New Byth Parlsh Church of Scotland (Congregation 342019. Fomier charity no SC0102911 st Andrew's Parish Church of kotl•nd, Turrlff (Congregatson no 342045, Forrner charity no SC0156201 Turr(If St Nlnlans & Forglen Parish Church ol Scotland ICongfe9ation no 342046. Charity rs0 maintslnedl ObJe¢tlve$ •nd A¢tivltles Alms •nd ObJertiv¢s strathdevemn Community Church Is a con9regatlon of the Churth of Scodand whi¢h, as a nats.onal church, acknowledges distinctive call and dLtty to brfng the ordinances of the Christian faith to the people of every parish of Scotland through a territorlal ministry. Our vision as a conggatIon is to have a visible and thrfving fellowshlp at the centre of all fgur of our communities. We aim to work together as a team. pool¢rbg tsur skllls and resources, and led by rhe Holy Spint. to share the Good News in a way that connects with all generations. We reach inwards, building each other up through worshlp, prayer, dlscipleshlp and fellowship. We reach outwards, re5pondin9 to the needs of our communities by sharing God's love In Wortj and action. To th15 end, we undertake a range of artivitles relallng to worship, pr•yer. pastoral tare, fellowshlp, hospltallty, oLIh ond learning. Publlc Benefit Durin9 the year, the church has provided publlc benefit throvgh.. regular public worship 5¢rvices open to all lin person and online),. conductln9 weddlng and funeral 5ervlces: pastoral care and support ro members and others In rhe community; use of church premlses lor community groups ano events,. schogls work In the local primary and setondary schools.. outreach and ssjpporr artl¥it1¢S. tncluding food and emergency parcels: provision of a weekly frfendship cafe attende(J by many in the wider community.. provision of a thrift shop. The rrustees consider rhat these actlvities provide identifiabk public benefit by supporting spiritual wellbeln9, offeNn9 prattical help, and contributing to the life of the local comrnunity. Thé trustees havè 9lvn due regard to the Office of the Scottish Charity Regulator IOSCRI'S gul¢ance on public benefit. Achiwvom•nts and P•rform•n¢• M•ln Achi•v•m•nts The year was dominated by the unlon of the f(ve churches into one. as outlined above. The union. in legal terms. began on 1st June 2025, whlch marked rhe forrnatlon of the new Kirk Session. with 24 elders from the Kirk Ses5ion5 of the uniting congregatlons chooslng to serve on the KSrk Session of Strathdeveron Community Church, and 46 elder5 of the former five constituent Klrk Sessions choosin9 to tIre or who sadly passed away. It also marked the begirbning of the task of amalgarnating the administration, finances, property portfolios and management of the five churches into or. as well as integratsng the church acknvities across our four church centres. This has been a major undertaking, which continues Into the new financial year. The Service of uThion by the Presbytery of the NOrth-East and Northem Isles on Sunday 21st September 2025, marked the offlclal launch of the United Church. All members of the uniting congregations are entitled to COntine their church membership with Strathdeverori Community Church, of which. by 31 December 2025. 597 had cFM)sen to dg so. The main contribution to our visioft during 2025 conttnued to be: our Sunday Church services {in-person armj online) open to all and providi opportunities for %yorship, prayer, Bible teèchingi an¢J fellowshspi Pastoral care (supporting those experiencing various Itfe health i55ue5, or bereavement}- schools work lin the local primary and secondary schoo151,' weekly Friendship Cafe (popular with many people who don't otherwise come to church). and variou5 fellowship groups- and practical support to those within our local communities by way of our Emergency Food Parcels initiative. our Thrift Shop. and through funding from various funds we have for this prpose.
strathdeveron Commtsnlty Church of Srntland Trustees. Report (continued) For The Year Ended 31 D•cember 2025 Flnanclal Rtvlew Flnanrlal Posltion The principal source of generBI income is from regular and one-off donations made by membets and church attenders, much of which Is Gift-aided. ISO members made regular donations by bank Standing order, arKI a further 54 mernbers made regular donations by FWO envelDpes. 133 of these donor5 were registe for Gift Aid. Income from other sources, such as room lets. funerals and vrfeddings. and fundrasing events were the main ctsmponents of our setondary fundlng Sour5. DuHng the second half of the year, the Unlon SuIte<l in some significant additional admirbistrabve and management COSts, and a mp in regular donatlons. as some members of the arnalgamating congregations chDse not to become members of Strathdeveron Community Church. Reser¥e$ Pollcy It is Church policy to hold funds to cover a minimum of six to n¢ne months expeTwJiture. At the year end the balarKe uf unrestrict¢d funds amounted to £735,341. Some of these funds a earmarked for future Minisrnes actjvity in line with our Vision. The Church also hold5 restrict¢d funds of £49,646 and an endowmeftt fund of £127.568. The overall level of fun05 remains stron9. The trustees set an annual budget at the beginnlng of each year and closely monitor actual expendtture against this tud9et throughout the Year. Sufficient serVeS bre held to cover any significant unforeseen ¢xpend*iure. Struciure, Governanc¢ and Mana9em¢nt Go¥emlno Document TF)e Church 15 adrninistered in Kcordance with the terms of the Dee(l of Conststutson lor Deed of Constitution (Unitary Fom)11. Trurté¢ S¢le¢tlon Methods Member5 of the Kirk Ses510n are the chanty trustee5. The Kirk Session member5 are elders ol th¢ church and are ch05en from those members of the church who are considered to have the appropriate gift5 and skills. The Mlnlster, who 15 a member of the Klrk Session, Is elected by the congregation and indvcred by Presbyrery. Org•nlSatlon•l otructure rho Kirk Session is rèsponsible for both the splrltual and overall management of the con9reuation'5 affalrs. The Klrk Session, which is chalred by the MinSster. meets at least six times a year. Stat•ment of Twstwi. R•spon•lb(IbtJes The trustees are responsible for preparing thè Trustees. Report and the financlal ststements In atctsrdan wlth appllcable law and Unlted Klngdom Acttsunting Standards (United Kingdom Generally Accepted Accounting Practice). The law appliratsle to charities In Scotland requlres the trustees to Ppare flnancial statements for each financial year whlth give true and falr view of the stat¢ of affairs of the (rity and ol the incoming resour¢¢s and appllcation of resources of the chadty for that pertod. In preparing the financial statements rhe trustees are requir¢¢ to.. select sultable aCCDuntlng policie5 and then apply them consistently; observe the metho(Js and principles in the Charity SORP,. rnake judgments and accounting estlmates that are reasonable and prudent.. and prepare th¢ finantsal stawnents on the 90irMJ corKem basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responslble lor keepin9 adequate accounting ordS whlch disdose with aSOnable accuracy at anytlme the financial positlon of the charity and to enable thern ro ensure that the accounts coinply with the Charities and Trustees Investment (Scotlandl Acr 2005, the Chantles Accounts (Scotlandl Regulaknons 2006. the Regulations An¢nr Congregational Financ¢ approved by the General Assembly of the Church of Scotland in 2007 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and henco for tak¢ng reasonable 5reps for the preventitsn and detection of frau¢J ar other irregularities. The trustee5' report was approved by the board of trustee5 and gned on its behalf by: Kristina Watts Se5slon Clerk Date
strnthdeveron Community Chtsrth of S¢otlènd In leent Examltt¢r's Report to the Trtees of Strathdeveron Communlty Church of S¢otland Fot Year Ended 31 Derqmber 2025 I report to the tSteE5 on my examinaix)n of the accounts of StrèttsJeve¥oTh Community Church of Scotland (the Yrusl) for the year ended 31 December 2025. Rosponslbllltle$ and Ba4s of Report As the charity trustee5 you are resky)nslbte for the preratIOn of the aca)unts in accordance wSth the terrn5 of the Charftles and Trustee Inves¢m¢nt Iscotlancs) Act 2005 anL¢ the Charityes Accounts (Scotland) Regulation5 2006 las amended). The charity trustees conslder that the audlt requlrement of Rgulatth iolll lal to Ic} of the 2006 Acc¢xtsnts Reoulations does not apply. It is my responsiL7111ty to examine the accnts as requi under 44{11 lel of the Art and to ate whether partscular matters h•ve come to my attention. My examlnation 1$ carned oui In accordan wlth Re9ulabOn 11 of the 2006 Accoufits Regulatlons. An examinatlon Includes a reeW of the accounting records kept by the charity and a compaftson of the accounts psented with those records. It also Includes consideratlon of any unusual items or di5ct05u In the accoijnts and seeks exF4anations from the tru5tee5 concemlng any 5u¢h matters. The prdureS undertaken ¢0 rtot pr¢)vlde all the evldence that would be requirea in an audlt, aThJ consequently I do not express In audlt 4)Inion on the vlew given by the accounts. Ind•pend•nt Ex•rnln•r's Stst•m•nt Slnce the Charlty has prepared its tsun[S on an a(crv)15 basis ond Is reglstered in S(>JtlaTrJ your examiner must be è member of booy Il$red In Regulation 1112) of the Cbanties Accounrs (sc•NO1 Re9ul8tyons 2(6 {as amended}. I corsfrrn that l om ouallfled to undertake the examinatlon because l am a member of The Associalknn of charte Certtrie¢ Accountants, whlch 15 one of the Ilsteit bodle6. In the course of rny examinatlon, no matter hJ5 tome ro my attentkni which gives me reasonable cause tr> belkve that In any M)rial respert the wulreNnts.. to keep aCContIng fEcord5 In accordan wlth Section 44(11 {a) ol the 2005 Act and Regulatyon 4 of thé 2006 Accounts Regulation5 to prepare accounts which acwd with the accounting rttorrls and compty wlth Regulatlon B of the 2006 Accounts Reoulatyons have not been mel to whlch, In my oplnlon, atttkn) shoukj be drown In ryder to 4*able a proper understanding of the Kcounts to be reached. ichael Murray FCCA Date 0210712026 M Squared Accountants Ltd nk House Seaforth Street Fraserburgh Ab43 988 Page4
strathdevernn Community Churfh ot Scotland Statement of Financiol Artivities For The Year Ended 31 December 2025 2025 2024 Unrestricted Restrirted Endowment funds nds funds Totsl fvnds Total funds Not•s INCOME AND ÉNDOWMENTS FROM: Donations and legècies Charit&ble activities Other tradin9 acttvities Investrnents Other 123.817 6.662 2.834 26.346 11.398 123,817 6,662 2,834 33,231 11,398 162.190 11.276 3.298 35.133 11,364 6,885 J?1.057 6,885 177,942 223,261 EXPENDITURE ON: Raising funds Charltable actlvlties 11.6971 1234.8861 11,6971 1242,9041 {8.018) 1220,1731 1236.5831 18,0181 1244,6011 1220.1731 NET IEXPENDIYUREIIINCOME BEFORE INVESTMENT ILOSSESI/GAINS 165,5261 11,1331 166,6S91 3,088 Net gain5 on Investrnents 13,121 898 3,696 17,715 NEf {ExpeNDITUREIIINCOME Transfers between funds 152,405} 1235) 3,696 148,9441 3,088 18 IA.5381 1.538 NET MOVEMENT IN FUNDS {53,9431 1,303 3.696 148,9441 3,088 RECONCILIATION OF FUNDS: Total lunds brought forward 789.284 48.343 123,872 961,499 958,411 TOTAL FUNDS CARRIED FORWARD 18 735.341 49.646 127.566 912.55S 961,499 The notès on pagès 8 to 15 form part of rhese financial statements. Pagt 5
Strathde¥eron Community Church of 5¢otland Comparatlve Statement ol Financlal ActFVities For The Year Ended 31 December 2025 2024 Unrestrfcte41 Restrlct•d Endowment funds lunds funds Totsl funds INCOMÈ AND ENDOWMEpifs FROM: Donations and legacies Charitable artivities Other tradlng activita¢s Investments Other 162.190 11,276 3.298 28,287 lJ,364 162,190 11,276 3,298 35,133 11,364 6,846 216,415 6,846 223,261 EXPENDITURE ON: Charitable actyvitles {218.1731 12.0001 1220,1731 1218,173) 12,0001 1220.1731 NEF INCOME BEFORE INVESTMENT GAINS 11,7581 4,846 3,088 NET INCOME 11.7581 4.846 3,088 NET MOVEMENT IN FUNDS 11,758} 4.846 3,088 RECONCILIATION OF FUNDS: Total funds brou9ht forward TOTAL FUNDS CARRIED FORWARD 791,042 43.497 123,872 958,411 18 789,284 48,343 123,872 961.499 The rnotes on page$ 8 to 15 form part of thege financoal statemenrs. P4¢6
Strathdeveron Community Church of Scotland Statement of Finoncial Positlon As At 31 1)e¢ember 2025 2025 2024 Unre5trirted Restrkted Endowment fun¢ls lunds lund$ Total funds Total fundg Notes FIXED ASSETS Tangible Assets Investments 14 15 271.741 209.822 271,741 368.393 253,600 355,682 31.003 127.568 481,563 31.003 127,568 640,134 609.282 CURRÈNT ASSETS Debtors Cash at bank and In hand 16 6,964 255.685 6,964 274,439 9.992 344,805 18.7S4 262.649 18.754 281.403 354.797 Credlttsr¥: Amounts Falllng Due wsthln One Y•*r iy {8,871) Iiiii 18,9821 12,5801 hlET CURRENT ASSETS (LIABILITIES) 253,778 18,643 272,421 352,217 TOTAL AsseTS LESS CURRENT LIANILITIES 735,341 49.646 127.568 911555 961,499 NEf ASSETS 735,341 49,646 127,$68 912,555 961,499 FUNDS OF TME CHARITY En(Jowment Funds Restrirtcd Funds Unrestricted Fund5 127,S68 49.646 735,341 123.872 48,343 789,284 TOTAL FUNDS 912.555 961,499 On behalf of the board Krlstlna Watts Séssitsn Clerk Date The notes on pages 8 to IS form part of these financial statements.
Strathdeverm Communlty Church of Scotland Notes to the Financlal Statements For The Year Ended 31 December 2025 l. General Intormatlon Strathdeveron Communiry Church of Scoriand is an unincorporated tharity reg4Stered with the offi.ce of the Scottish Charity Regulator (OSCR). registered charity number SC007470. The principal addres5 is Gladstone Terrace, Turriff, Aberdeenshire, AB53 4AT. 2. Accountlng Pollcles 2.1. B•$l$ of Preparatlon ol Financial Statements The financial sratements have been prepared in accordance wtth the Charities SORP IFRS 1021 'Accounrsng and Reporting by Charities.. Statement of Recommende(t prattl applicable ro charities preparing their accounts in accordance wlth the Finantial Reporting Standard applicable In the UK and Republic of Irelan(J IFRS 1021 (effective l Janyary 20191" Financial Reporting srandard 102 "The Financial Reporting Stsndord applJc3ble the UK Repvbllc of Ireland" th¢ Charities and Trustees Investment {Scotlandl Act 2005 and the Chanties Accounts (Scotland) Re9ulatson$ 2006. The charity is a Public aenefit Entity as definet1 by FRS 102. The accounts have been prepared on the merger basis following the unlon of the 5 churthes. 2.2. Fund Act•unUng Unrestricted funds can be use¢1 In accordan with the charrtable objectives at the discretion gf the trustees. Designated funds comprise nrritte furKls that have teen Set J5ide by the trustees for a speclfic purpose. Restrirted funds are to be used lor specrfic purposes as lai¢J down by the donor. Endowment lunds comprise capital which mu be ietaineij and Invested. The Income generated from the Investment may t)e spent In accoréance with the original terms of the endowrnent. Further explanation of the nature and purpose of each lund Is Induded In the rtotes to the financlal sratements. 2.3. Tanglbl Flxed Assets and Deprttlatlo rangible tlxed a55ets are rnea5ured ar cosr less accumulated depreciation and any accumulated impalrment losses. )epreclatlon is provided ar rates calculated to write off the cost of the fixed a55ets, less their estlmated residual value, over thelr experted uselul live5 on the following bases.. Freehold Property Plant & Machlnery market vèlue 20% Str41ight line 2.4. Inve•tment• Jnvestm¢nts are stated at market value with net 9ains/losses in the year recorded throu9h the statement of financial artivltles. 2.5. Ca*h •nd Cajh equlv•l•nti Cash and cash equsvalents a basic finènclal assets and indude cash in hand and deposits held at call wlth banks. other 5hort- t¢mi highly liquid investments that mature in nD more than three months from the date of acquisition antt are readily convertible to a known amount of eash wlth Insign5flcant risk of charbg¢ in value. and bank oversjrafts.
Str•thdeveron Communlty Church of Scotland Motes to the Financlal Statements (contlnued) For The Year Ended 31 December 2025 3. Income from Donation$ and Legacles 202S 2024 Unrestrl¢ted Unrestricte fund$ funds Fre¢will offerings Gift aid donation515tsnélng orders Tax recovered on 91ft aid Open plare offerings Wed¢irbgs and funerals other voluntary income Food and emergency parcel donatrons Income from use of property E%pendoble endDwments 12,976 57,081 16,868 15.3BI 5,730 2.855 3,495 9,429 12,306 75,296 34,167 14,312 4,960 4,759 4,098 10,391 1,901 123,817 162,190 4. Income trom Charltable Art5¥ltS 2025 2024 L•nre%trirted Unrertrlcted lunds funds Incom¢ from charitable activltyes Guild Income Vacancy allowance Friendshlp cafe donations 1,205 817 1,890 2.24S 2,727 4,414 4,640 6,662 11,276 5. Income Irom Other Yradlng Artlvltl•• 202S 2024 Unr•strScted UnM5tr5cl¢d nds tund$ Thrlft shop income 2,834 3.298 2,834 3.298 6. Investment Income 2025 Total Unr•strictad R•strict•d funds funds Bank inrerest receivable Dividends from Investments 10.722 15.624 165 6,720 10,887 22.344 26.346 6,865 33,231 2024 Total nds Unre5trlrted Rtstrlcted funds fund$ Bank interest rece¢vable Dividends from Inve5trnents 10.045 18.242 126 6.720 io.i?I 24.962 28.287 6.846 35,133
Strathdeveron Community Church ot S¢otl•nd Notes to the Financial Statements (continued) For The Year Ended 31 D¢cember 2025 7. Other Income 202$ 2024 Llnrestrirte¢l Unrestricted funds funds Glebe rent and income SIACS Glebe acreage Other income Contribution towar(Js manse phone Fundraisin9 events Attivibes for generatirbg funds 3,825 1,916 loo 300 2,117 949 51 3,710 1,547 .247 11,398 11,364 8. Net Incom•l{Expendlture) The ner lexpenditurellincorne is stated after charging/{credity"n91: 2025 2024 Depreciation of tangible fixed assets - owned 2,560 9. An•ly$l• of Expendbtum 2025 Total 2024 Tot•1 Frl¢ndship café costs Other staffing costs Glving to Grow (was Minlstrles and Mission51 Presbytery dues Pulpit supply (net after reclalml Minlstry acttvity costs Mini5ter'5 expenses Rates Llght and heat Fabrlc repairs and malnterbance Cleaning Premises Insurance Prlnting, postage and statlonery Llfe and work Church office expenses Organ an¢J music Telecommunlcations Lndependent examiner's fees Accountancy fee5 Professional fees Subscripritsn5 ank tharges Sundry expenses Sunday school expÈnses Food and erneryency parcels expenses Guild expenses Other charitable gifts Depreciatlon 1,447 21,614 96.554 7,851 4,147 1,629 1,830 7,091 25.577 22.556 4,535 16.864 2.825 21,454 88.082 5,517 7,863 2,318 7.842 26,907 17,285 3,451 16,788 313 119 1.256 1,27S 1,844 215 1,728 2,100 69 2.102 1,200 21S 6,162 2,449 loo 1,682 238 3.996 1.143 B. 165 2,560 5,411 435 2.811 2,129 3,030 244,601 220,173 Support tosts have not been Separately identified as trustees consider there is only tharirable actyvlty. 10. Independent Examlnees Remuner*tlon 2025 2024 Independent examination of rhe finanual statements 1.200 215 P¢ 10
strathdeveron Communlty Church of Scotland Notes to the Finonc•al Statements (continued) For The Year Ended 31 December 2025 11. staff Costs Staff costs were as follows- 2025 2024 Wages. salaries other staffing costs 21.614 21,454 No employees received employee benefits (excluding efflployer pension costs) for the reporting period of more than £60,000. 12. Average Ilumb•¥ of Employees Average number of employees during the year was.. 2 {2024.'21 13. Funds Recelved A¥ Agent Special collections were received from the congregatFon rowards the followTrng thirsj party oryanisations during the year.. Asatol Amounts Amounts Asat31 recel¥ed pald out Deceml)er 202S 2025 Jev45 for Jesus Scotscare London Tearfund Myanmar Mlsslon Avlation fellowship Christian Ald Poppy Scotland Turriff Silver ban¢J Seafarer5 182 140 60 210 1.052 825 357 182 140 60 210 1,052 825 245 224 112 224 3.050 2,938 112 14. T•nglble A•s•t• Freehold Property Pl•nt & MJchlnery Total Co•t As at L January 2025 Additlons 250,000 3,600 20,701 253,600 20,701 As at 31 Decembèr 202S 250.000 24,301 274,301 D•pre£5atlon As at l January 2025 Provided durlng the penod 2.560 2,560 As at 31 D¢rnber 2025 2.560 2,$60 N•t Book Value A5 at 31 December 2025 250,000 21,741 271,741 As at l January 2025 2SO,000 3,600 253.600 IS. Inve$tm•nts Llrt•d Other Totsl M•rket valué As at l January 2025 Disposals Fair value adjustments 14,923 340,759 15.0041 10.322 355.682 IS,0041 17,715 7.393 As at 31 December 2025 22.316 346,077 368,393 Hlstorlc cost {referen¢e only) Investments are shown at market value. 13,603 341.429 355,032 P4g¢ 11
strathdeveron COmmnity Church of Scotland Notes to the Financial Ststements {continued} For The Year Ended 31 Dettmber 2025 16. Oebtors 2025 2024 Du• wbthln one year Other debtors 6,964 9.992 17. Cr•dltors: Amounts F•llSng Due Wlthln On• Y•ar 2025 2024 Other creditors 4,056 4,926 Accruals and Lfjeferred Income 2,580 8,982 2,580 18, Movement In Funds Asati January 2015 Asat31 December 2025 Incom• Exp•nditurn Transfern Unr•strlcted funds General unrestrlcted fund 646,542 154,248 {194,7981 4.778 610,770 Charlties fund Food and Erneryency Parce15 fvnd Bequest fund General fabC fund Gulld fund Sunday School and Chlldren's work Cuminestown Hall lund 21,S38 8.007 3.554 71.234 2.821 19.001 16.587 959 3.495 158 3.687 817 758 6.935 11.8811 13.9961 {2,0001 18.616 7,506 3,712 55,665 565 15.791 22,696 {20.9971 11.143) 179 18261 1.741 11.9101 14,1471 Total dèsignated funds J42,742 16,809 128.6641 16,3161 124,571 Total unMrtrlct•d funds 789,284 171.057 (223,4621 {1,5381 735,341 R••trl¢t•d fund$ Taylor 8oquesr Strgnach Bequest Kirk Session 8enevolent fund Coal fund Ministers DIsctIOnary funLJ Fabric fund Listed Places of Worship Roof Repair fund 15.314 30.105 1,413 2,657 510 1.744 (3,4001 6,720 {8.0171 899 14,017 31,004 1.466 2,649 510 53 11211 {31 {1,7411 3,400 Tot•1 restrlrtell funds 48.343 6.885 {7,120) 1,538 49,646 Endowment lunds Perrnallent.. Taylor Bequest Endowm¢nt fund 123,872 3,696 127.566 Total lunds 961.499 177.942 (226,8861 912,555 .CONTLNUED VJ8e 12
strathdeveron Communlty Church of S¢tstland Notes to the Financial Statements (ctsntlnued) For The Year Ended 31 De¢eml)er 2025 18. Mtsvement In Fund$ - ¢ontlnued As•t31 Oecember 2024 January 2024 Income Expenditure Transfers Unre5trlcted funds G¢neral unrestricted fund 636,474 198.162 (197.444) 9,350 646,542 Charlties Fund Food and Erllergericy Parce15 fund Bequest fund General labrSc fund Guild fund Sunday School and Children's work Cuminestown Hall fLtnd 22,083 6,720 3.378 85.92S 2,805 18.553 15.104 1.156 4.098 176 3.854 2.245 883 5,841 11.701} 12.8111 21,538 8,007 3,554 71,234 2.821 19,001 16,587 19,2951 12.1291 {4351 (4,3581 {9,250} i iooi Totèl designated funds l54.568 18,253 120.7291 19.3501 142,742 Total unr•strkt•d fund• 791.042 216,415 {218,1731 789,284 Re•trScted fund• Taylor Bequest Stronach Bequest Kirk Session Benevolent fund Coal fund Inisters Dlscrerionary fund Fabric fund Listed Places of Worshlp R¢)ol Repair fvnd 10,594 30,105 1,413 2,531 510 1,744 13,4001 6,720 12,000) 15,314 30,105 1,413 2.657 SID 126 1,744 13.4001 Total rnAtrlct•d funds 43,497 6,846 {2,0001 48,343 EMdowm•nt fynd• Permanent.. Taylor Bequest Endowment fund 123,872 123,872 Tot•1 fvnd• 958.411 223,261 1220,173} 961,499 UNRESTRICTEO FUNDS Gora1 fund General lund5 include £932 frorn endowment funds that were reallocated prr to merger of the churches. They related to Grarht Duff Mortification. Herbert J Reid Bequest. Alexander Bamett fund. John Burnett's Mortification and Bumett Mortification fund. Th¢ Miss Buchan Capital fund has been merged with the general fund as rt was to be used at the d45cretion of Miss Buchan Tru5tee5 who verbally agreed In 2003 for it to be used at the diScOn of the treasurer. The MSSS Buchan Revenue fund has also l>een combined with general funds as the venue was to be used for general purposes. The general congregation purposes fund has èlso been included within general funds. Dl9ted funds Charltl•s fund Funds Invested through bequests and gifts rnade by local residents for the benefit of the p¥)or and ne¢dy of Marnoch pansh and for good causes In the local community. It hès been used to SU5t3in the food bank. which is held In the thrift shop once a week. Food and Emeryency PJr¢elg fund Pdrchase iteins needed but not in stock eg Baby Milk. Food. Nappies rfc vouchers. Bequest fund Intome occurnlatÈd from bequests hdd in Investors Twst ..CONTINUED ¢ 13
strnthdv•ron Community Church of Scotland Notes to the Financial Ststernents (continued) For The Year Ended 31 December 2025 18, Movement In Funds - tontlnyed General fabrlr fund Funds set aside for the upkeep and mainterhalbce of the various churches and manses. Gulld fund The Churth Gulld keeps its own records which are included wlthin rhe5e accounts. The Womens Group account5 are a150 included within this fund. Sunday khool and Chlldren'5 work Th15 was formerfy the Stsnday School funds for Mowuhitter & New Byth. and Marnoch's Children's Work fund and is set aside to support work with children 3nd youn9 people. It also indudes the forrner St Andrew's Good News Fund for the teaching of primary age children. Cumin•stown Hall fund For the upgrade of the hall to enable it to become a worship centre. RESTRICTED FUNDS Taylor Bequ• Investment income to be g¢ven to persons resldent In the Parish of Turriff who are in temporary need of financial assistance. Stronaeh B¢qU••t Investment Income Including dlvidends received Irom a bequest by William and Anna Stronach in 1985. The declaration of trust states that the main objective of the bequest Is that Income is to be used to keep church properties in good conditSon wlth any surplus avallable for general congregational purposes. Klrk S••slon Penevol•nt lund To be Used for charitable purposes. Co•1 fynd For the provlslon of help wirh heating CDSt5 for vulnerable sIdentS of the riSh of Monquhltter & New Byth. Mlnl•ter'• Dlscretlonary fvnd To be distrlbute£l at the minister'5 dlxretion for church purpg5¢S. Fabrlc fund For the Jnaintenance of church properties. Llqted Pl•c•s ol Worhlp Ropf Rep•lr lund Expenditure Irs excess of grant received cleared by tfansfef from 9eneral fuThl In 202S. eNDOWME14T FUNDS Taylor Béquelt Endowm•nt fund The Taylor Bequest en4owment Is Invested to generare income lor distribution per resthrted fund. Transfe The Women's GroLtp bank account was closed during the year 4)nd the balance was transferred to general funds. Some Sunday School ?nd Chlldren's Work furlds were transfer to general fuhds as they were no longer required. The restdrted Fabric fund has been rransferred to the designated General fabric fund account in agreement with the trustee5 Of the ortginal charity. The Usted Places of Worshlp Roof Repair fund was cleared through a transfer from general fun¢Ys. Page 14
strathdeveron Communfrty Chur¢h of Scotland Notes to the Financial Statements (continued) For The Ye•r Ended 31 Dttember 2025 19. Transa¢tlons wFth Trnstees During the year the remuneration expenses 1Mburse to the trustees or paid direttiy to third parties were as follows.. Mrs C Stephen received £800 (2024.. EI,9201 for her services as organist. Mr O Robb received £600 12024.. £1.440) for his SeiCe5 as beadle to Nev4 MarnLKh Church. Mrs L Robb received £600 13024: £1.4401 for her services as hall keeper and thurch cleaner. 2 trustees also received reimbursement of expenses totalling £6.933 12024.. 3 trustees totalllng E2.2591 10. Minlsters, Stlpend All Church of Scotland congregations contribute to the National Stipend Fund which bears the costs of all ministers, stipends and employer's contributions for natior)al InSranCe. pension and housin9 and loan fund. Ministers. stipends a poid In accDrdanc¢ with the national stipend scale, which Is related to years of service. For rhe year under review the minimum stipend was £32,433 and the maximum stipend Iln the fifth and subsequent years) was £39,856. 21. Appendlx - Funds h•ld by the Church of Scotland Genernl Tn•stees for the nefit of the Congreg•tlon CAPITAL ACCOUNT Credit balances held at 31 December 2025 at cost.. £479 241 Market value of balances at 31 December 2025: £584,771 REVE14UE ACCOUNT Credlt bèlonce at 31 Oecembef 2025.. £151,046 TEMPORARY ACCOUNT Credit balance at 31 December 202$.. £52.799 These funds do not fomi part of the stètutory Jnnual accowts and We not included In the statement of flnanclal posltlen. P¥15
Strathde¥eron Community Church of Scotland Detalled Statement of Financlal Actlvities For The Year Ended 31 December 2025 2025 2024 Totsl lunds Total funds INCOME AND ENDOWMEIITS FROM: Don•tions and leyacles FeWill offerings Gift aid donatioTrslStandlng orders Tax recovered on gift aid Open plate offerings Weddings and funerals Other voluntary Income Food ano emer9ency parcel donatlons IDcotrre from use of pmperty Expendable endowmenrs 12,978 57,081 16.868 15,3BI 5.730 2.855 3.495 9,429 12,306 75,296 34,167 14,312 4.960 4.759 4,098 10,391 1,901 123.817 162,190 Charltable A¢tlvltles'. Church Income from charitable activities Guild Incorne Vacancy allowaThce Frlendship cafe donations 1.205 817 1,890 2,24S 2,727 4,414 4,640 6,662 11,276 oth•r tr•dlng •Ctlvltl•• Thrlft shop Income 2.834 3,298 2.634 3,298 Inv¢stment• Oividend5 from investments Bank interest receivable 22,344 10,867 24,962 10,171 33,231 35,133 oth•r Glebe rent and Income SIACS Glebe atreage Other income Contribution towards manse phone Fundraising events Actlvities for 9eneratln9 funds 3,825 1,916 loo 300 3.710 1,547 2,117 949 51 8,247 11,398 11,364 177,942 223,261 ..coKrINUED P4%¢ 16
strathdev•r( Communlty Chur¢h of Scotland Detailed Statement of Flnanclal Artlvitie$ (continued) For The Year Ende4131 December 2025 2025 2024 Totsl fvnds Total funds EXPENDITURE ON: R•l$lng lund$ Rates 1510) 11,1571 1301 Light and heat Fabric repairs and maintenatKe 11.6971 Charitable Activltl•s: Church FrlLJndship cafe cosrs other sraffin9 Costs Glving to Grow Iwa5 Mlnlstrles and Misslons} Presbytery dues Pulpit supply (net after reclaim) Mlni5try actlvlty costs Mln19rer's expenseg Rates Ll9hr and heat Fabric repairs and maintenance Cleaning Premlses Insurance Prlntlng, postage and statlonery Llfe and Work Church office expenses Organ and muslc Telecornmunications Indeperbdent examlner's fees Accountancy fees Professional fees 5ubscriptlons Bank charges Sundry expenses Sunday school expenses Food and emeryerLCy par<els expenses Gulld expenses other charltable glfts D¢preclatioTh (1,447) 121.6141 {96,S541 17,8511 14.1471 11,6291 11,8301 (6,5811 {24,4201 122,5261 14,5351 116,8641 12,8251 121,4541 188,0821 15.5171 17.8631 12,3181 17,8421 126,9071 117,28SI 13.4511 116,7881 13131 11191 11,2561 11,2?51 11,8441 1215) 11,7281 12, 1001 1691 12,1021 11,2001 12 15) 16,1621 12,4491 11001 11,6821 {2381 13,9961 11.1431 18,1651 12,5601 15,4111 14351 {2,8111 {2,1291 13,0301 1242,9041 1220,1731 1244,601} 1220, 1731 NET (EXPENOETURE)/INCOMe HeFORE INvesTMENY {Losses)/GA1145 {66.659} 3.088 Nét gains on 5nvestments Fair value surplus on revaluatlon of investsnents 17.715 17,7IS NET (tXPENDZTURE)/INCOMe (48,944) 3,088 Page17