OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-12-31-accounts

The Church of Scotland

Congregation No. 301836 Scottish Charity No. SC 008630

Brechin & Farnell Parish Church

ACCOUNTS FOR THE YEAR TO

31[ST] DECEMBER 2025

Trustees’ Report: Brechin & Farnell Parish Church

Reference and Administrative Information

Charity Name

Brechin and Farnell Parish Church

Charity Registration No. SC 008630 Congregational Reference No. 301836 Contact Address Church Office 49a Southesk Street Brechin Angus DD9 6AW

Trustees

Minister Rev. Adriaan van Tonder Kirk Session Members David Adams John Aitken Frances Angus Elizabeth Baillie Ann Banks Maureen Barclay Stephen Bell Dorothy Black Karen Brown Pamela Brown Kathy Calderwood Bruce Cessford - from 13 April 2025 Kay Cessford Martin Cessford Eddie Cheyne Morag Dale George Doig - from 13 April 2025 Heather Edwards Peter George Rosalind Grey - Alison Hair Lynn Hawke Elizabeth Kidd Maureen Leslie Sandra Longmuir Janice Low Mark Nash - from 13 April 2025 Alan O’Neill - from 13 April 2025 Fiona O’Neill Robin Palmer Isabelle Reid Mabel Smith Scott Valentine - from 13 April 2025

Page 3

Principal Office Bearers

Minister: Rev. Adriaan van Tonder Session Clerk David Adams Treasurer Peter George Independent Examiner Barbara Bruce, Southend Cottage, Mains of Pitforthie Brechin, Angus DD9 7PF Bankers Bank of Scotland, Brothock Bridge Arbroath, Angus, DD11 1NH

--------------------------- --------------------------

Brechin and Farnell Parish Church Trustees’ Report Year ended 31 December 2025

The trustees present their annual report and financial statements of the charity for the year ended 31 December 2025

Structure, Governance and Management

Governing Document

The Church is administered in accordance with the terms of a Unitary 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. The minister, who is a member of the Kirk Session, is elected by the congregation and inducted by Presbytery.

Organizational Structure

The Kirk Session is responsible for all the affairs of the church, spiritual and temporal and is chaired by the minister or, when appointed, an interim moderator and meets approximately eight times a year. Certain responsibilities are delegated to a variety of small groups (of members as well as elders) who report to the Kirk Session. These include statutory teams (Finance, Property and Safeguarding) and developmental and executive groups based on the two worship centres at Farnell and Brechin. This includes pro tem teams who help organize special events. Our aim is that everyone can offer the gifts they have in service and to draw in folk who serve in many different ways.

Objectives and Activities

The Church of Scotland exists to worship God and to journey together, deepening our faith in working for Christ’s Kingdom throughout the world. As a national Church, we acknowledge a distinct call and duty to bring the Good News of Christ to the people in every Parish of Scotland through a territorial ministry. The Church of Scotland is Trinitarian in our doctrine, Reformed in our tradition and Presbyterian in our polity. We co-operate with other Churches in various ecumenical bodies in Scotland and beyond.

Page 4

The united Kirk Session, bringing together elders from the two worship centres at Brechin and Farnell following the recent union, is in the process of developing a mission based strategic plan to guide our work over the next decade. The strategic plan is expected to cover;

Worship: Our worship services are normally held every Sunday at 9.30am in Farnell and 11am in Brechin. Brechin Gardner Memorial has a valuable outreach facility regularly streaming services via YouTube and attracting a further 50 - 60 participants. A similar facility is being developed at Farnell. Each service at both worship centres is followed by tea and coffee providing a valued and valuable socialising extension to Sunday worship.

Presbytery: The united congregation is represented at Perth Presbytery by an elder elected by the Kirk Session and by one freely elected elder.

Renewal Projects:

Following Kirk Session and Presbytery approval some £6,000 was withdrawn from the Consolidated Fabric Deposit fund to cover expenditure on the pew removal and creation of a children’s play area under the balcony, office heating improvements and roof repairs at Gardner Memorial together with audio system improvements at Farnell and other minor fabric works.

Financial Review

Income & Expenditure: Total receipts were £111,833 (£117,312) of which £8,313 (£29,504) were transferred from the congregations holding in the General Trustees Central Fabric Fund, £73,685 (£66,319) was from weekly offerings and donations, none (£2,000) from legacies, £18,755 (£8,230) was from general fund raising, wedding and funeral contributions, £4,646 (£4,661) was investment income.

Planned giving through Gift Aid donations was £41,187 (£37,857) whilst Non-Gift Aid Weekly Freewill Offering donations was £6,523 (£7,201) and Ordinary Offerings (Open Plate) were £9,981 (£8,857). Tax recovered on Gift Aid was £12,689 (£11,720) along with other donations of £3,305 (£685). Whilst congregational support during the vacancy was stable, there was a 12% increase in giving of £60,966 (£54,600), excluding tax recovered on Gift Aid.

Overall, Net Expenditure, was £111,111 (£117,052) excluding the Purchase of Assets and Investments £Nil (£Nil).

Excess of Receipts over Expenditure being therefore £4,426 (£3,003) although sums of up to £16,800 are expected to be withdrawn from the Central Fabric Fund to cover the costs of remodelling the garden are at the Gardner Memorial in Brechin.

Adding funds brought forward at the beginning of the year, the balance carried forward on 31[st] December 2025 in the Fabric account was £337 (£1,949) following a fabric expenditure of £13,063. However, following a successful grant application, some £2,060 for fabric renovation of Farnell Church is due from the National Churches Trust in early 2026.

The combined total of unrestricted General and Reserve accounts increased to £10,582 (£5,093).

Investment Policy

It is our policy to invest funds with the Church of Scotland Investors Trust and to move them between the Trust’s Deposit, Growth and Income Funds as circumstances dictate.

Page 5

We currently hold local bank balanccs or £30.398 (£25.973) aThl investmcnts worth £222.128 (£206,445) together wilh C,onsolidated Fabric Fund Revenue balance of £4,889 {£2.531) and Capital {Il) inves(menis of Ma￿et valur £102.072 (£94,654) Growth Fund units" £35,047 (£34,032) Income Fund Units and £26,218 (£32.039) in Deposit Funds. making a nei worth of £403.906 {£393,883) at the year en4t Reserves Policy Thc charity truslL'Ls hdvc consi(lered thc rcscrves rcquircd and hdvc iakLll aLLounl of th¢ir currcni and fvture liabilities. It is the Trustees, policy. where p)ssible, to maintain an unrestricted working balance beiweeii the General and Reserve accounts of ai least tw'o monih's payineots (approximately £ l O,(MJ)}. and £2,(m in the Fabric account to cover unforeseen expenditure ihai may arise from timc lo lime. Unfortunately, rnaintenancc ofthese poliLies hiLi proved incred5ingly difficult to achievr during Ihe year wilh an ai'erdge income of £8.651 (£6,507) ver5U5 an av¢ragc cxp¢nditurc 01 £7,914 L£7.343) and ¢ombined GcnLTal and Rc5¥rvc account biLnk balances averaging £8.182 (£4.546). Balances in the oth¢r unrestricted lund (Sunday School) amounte41 to £605 (£1,1411). with £7,8117 (L7,415) in the restricicd Renewal acc()unt following ft particularly gen¢rou.s donation, and Ll.981 (£1.888) remaining in the Povr Fund und £9.007 (£8.480) in the variou% End()wmenl Fund accounts. Trustees, Respon$ibillties The InembeTh uf Ihe Kirk Session must prepare finttncial statements w'hich give sutricient detail to enable an appreL'iation of ihe tranS￿li0nS of the Church during the financial year. The members of the Kirk Se%%ion are r¢sponsiblc foi keeping proper accounting recurds which. on requcst. musl rcfleci thc financial positiun ufthe Church at thai lime. 'fhi8 must be done to cnsurc that ihe financial statemenLs comply wilh thc Charities and Truslccs Inve5tm¢nl (Scutiand) Act 2C(15, lh¢ Charitivi Accounts- Iscotland Rvbwlations 2006 and the Regulations Ancni Congreg*iional Financc approvcd by the Ciener81 Asscmbly of thc Church of Scolland in 21J)7. They are also r¢è&wnsible for safe¥uarding the assets of the Church and must tdke sleps for the prcvcnlion andlor d¢teclion ol" fraud and oihcr I￿egular1tl¢4. Approved by thc TnL$te¢s and 8i8ned on their behalf, SIRned: NAme: Davld Adam$- Sesslon Ckrk Dale.. Page 6

Brechin anql Farnell Pari15h Church SC 008630 Report of Independent Examiner I report on the accounts of the charity for the year ended 31" DeCeME￿ 2025 Respective responsibilities of trustees and examiner Thc charity's trustees are ieswnsible for the preprdtion of the accounts in accordancc with the terms of thc Charities ￿nd Trustee Inveslment IS¢oiland) Act 2(K)5 and the Charilies Accounts (Scotland) Regulations 2006 (as amended). The charity's irustees consider thai the audit requiremeni of Regulation 10(1 ) (a) to (c) of the Accounls Regulations doe5 not apply. It is my re8tK)nsibility lo examine the account5 as required under section 44(1) (c) of the Act and io statc whether particular matters have come to my atiention. Basis of independent exlrnifjer's s¢v4temenl My examination is carricd out in accordance iyith Regulation I l of the Charities Accounts (Scotland) Regulations ?006. An examination includes a reiiieiv of the accounts'ng rccords kLpi by the Lharity and a omparison of the account8 presented with those records. It also illLludes consideralion of any unusual items or disclosures in the accounts and seeks explanations from the trustees c4)nc¢rning any such muliers. I'hL' procedurc5 undertaken do not provide all the cvidencc th¢lt would k required In an audit, and cvn5equently I u nol express an audit opinion on th¢ view giv¢n by the accounts. Independent examiner's statement In th¢ course ot.my examination, no m21kr has com¢ lo m), attlntion lOt￿r than disclosed bclow I which byiv¢s me ieasonable cause to believe that in any maiLrial respect th¢ requir¢ments.' io k¢¢p accvuntingF recor(ts in accordaK¢ with S¢¢tion 44(1) (a) of the 2005 A¢t and Reg>ulation 4 of the 2006 Accounts Regulations (as amended). and to preparc accounts wluch accord ￿1th the accounting records and comply with Regulaiion 9 of ihc 2006 Accounts Regulations (as amended) have not bccn met. or 2. to which. In my opinion, allention should be drawm. in order lo enable a proFr understandingv of thc accounts to be reached. Signed: Iygme: Barbarn Bruce Addresg: Southend Cottage Mains of Pitforthi¢ Brechin Angus DD9 7PF Dale: Page 7

Brechin & Farnell Parish Church Receipts and Payments Account

Year ended 31 December 2025

Notes

Receipts
Offerings & Donations
Legacies
Weddings & Funeral Contributions
Activities for Generating Funds
Bank Interest
Investment income
Use of Premises & Glebe
Sale of assets
Sale of investments
Receipts from GT’s C F F
Other Receipts & Rebates etc.
3rd Party Contribut'ns-L&W etc.
3rd Party Collections
Total Receipts (Gross)
Less Contributions by Others
Less 3rd Party Collections
Total Receipts (Net)
Payments
Costs of Generating Funds
Charitable Activity Expenditure
Governance Costs
Purchase of Assets & Investments
Total Payments (Gross)
Less Contributions by Others
Less 3rd Party Collections
Total Payments (Net)
Excess of Receipts over Payments
for the year before transfers
Transfers
Excess of Receipts over Payments
for the year
3
4
4		 Unrestricted
Restricted
Endowment
Funds
Funds
Funds
Total
Total
2025
2025
2025
2025
2024
£
£
£
£
£
72,185
1,500
0
73,685
66,319
0
0
0
0
2,000
7,715
0
0
7,715
0
11,040
0
0
11,040
8,230
0
0
0
0
7
2,380
363
1,903
4,646
4,661
93,319
1,863
1,903
97,086
81,218
4,818
0
0
4,818
903
0
0
0
0
800
0
0
0
0
0
8,314
0
0
8,314
29,504
1,616
0
0
1,616
4,888
0
0
0
0
0
3,949
0
0
3,949
2,297
18,696
0
0
18,696
38,391
112,015
1,863
1,903
115,782
119,609
0
0
0
0
0
-3,949
0
0
-3,949
-2,297
108,067
1,863
1,903
111,833
117,312
245
0
0
245
353
108,558
1,298
1,254
111,111
117,052
0
0
0
0
0
0
0
0
0
0
108,803
1,298
1,254
111,355
117,405
4 0
0
0
0
0
-3,949
0
0
-3,949
-2,297
104,854
1,298
1,254
107,406
115,109
3,212
565
649
4,427
2,203
122
0
-122
0
0
3,334
565
528
4,427
2,203

Rounding - See Note 8

Page 8

r¢chin & FArnell Pgrish Church t of Balan At 31 Deeember2112 Noit UllTtslrkled Rt¥tAded ds Total rotgl fuvd 2024 lknk & d¢p0511 hSa¢ b￿￿¥hI forwA¥d ￿ l Jn 2025 &1 9J03 Movtm¢llt th )Yw: Exets& of Re£eipES ov¢r PiyJn¢nl& fot IhL' year 527 4.426 ?.2(14 Bonk & dup￿14 hlafKes •rri¢d fvrwllnl •t Ji fkx. 2025 11.513 9J)07 -iOJty8 21.973 ICThsl £42,961} 116,225 111.$07 222 12 ?06.445 eB. Gift Aid ￿4￿#ble 1060 Nlltb e¥. Lo4t of yrt billeAI 16.846 ifi, RourMthnB- See N(e 11 AFvrvwed by the TnjSle￿ nn D&t¢: Trtwrer P88e

Brechin & Farnell Parish Church

Notes to the Accounts 2025

1 Trustee Remuneration and Related Party Transactions

Minister received Manse Office & Travel expenses £1,872
The net sum paid for the Manse Council Tax was £3,207
Mrs Elizabeth Baillie who is a member of the Kirk Session received £8,701
for providing her services as Church Administrator during the year

Rounding - See Note 8

2 Movements of Funds

(Held locally in Bank Accounts)

Unrestricted Funds
General Fund Account
Reserve Fund Account
Sub - Total
Fabric Fund Account
Sunday School Fund A/c
Guild Fund
Restricted Funds
Renewal Project Account
Poor Fund Account
Endowment Funds
General Purposes Trust A/c
Session Trust Account
J Dall Bursary Account
McCosh Bursary Account
Ferrier Hood Fund Account
Rev. Gardner's Trust
Total Funds*		 01-Jan
31-Dec
2025
Receipts
Payments
Transfers
2025
£
£
£
£
£
2,579
99,866
91,024
-4,386
7,035
2,514
1,033
0
0
3,547
5,093
100,900
91,024
-4,386
10,582
1,949
6,864
13,063
4,587
337
1,148
224
767
0
605
0
79
0
-79
0
8,190
108,067
104,854
122
11,524
7,415
1,770
1,298
0
7,887
1,888
93
0
0
1,981
9,303
1,863
1,298
0
9,868
1,640
1,007
470
-150
2,027
1,083
0
334
150
899
2,719
405
450
0
2,674
919
32
0
0
951
2,119
338
0
0
2,456
0
122
0
-122
0
8,480
1,903
1,254
-122
9,007
25,973
111,833
107,406
0
30,399

(Held locally in Bank Accounts)

Rounding - See Note 8

Page 10

Purposes of Unrestricted Funds

General Fund is an account used for the everyday running of the Church Reserve Fund is an account used to support the General Fund Fabric Fund is an account used for the maintenance of Church property Sunday School account is used for general Sunday School expenditure

Messy Church account was closed in January with remaining funds transferred to the Sunday School Account Guild Account is held on behalf of the Guild and is currently donated to the Church for general expenditure

Purposes of Restricted Funds

Poor Fund is an investment and associated bank account used to provide help for the needy of the community Renewal Project account is to prepare the Church for the future and renew its mission in the community

Purposes of Endowment Funds

General Purposes Trust is a collection of endowments providing income for general purposes Session Trust is a collection of endowments (A&M Birnie & A S Grant) providing income for Session expenditure James Dall Bursary is an endowment providing income to assist Church of Scotland Ministry students McCosh Bursary is an endowment providing income to assist University students Ferrier Hood Fund is an endowment providing income for the Young Church Guild Trust Fund includes an endowment by Miss Roma Moffat providing income for the Guild Sunday School Trust is a collection of endowments providing income for the Sunday School Rev Gardner's Trust is an endowment providing income for payment of the Minister's stipend

General Purposes Trust Benefactors

Miss Eve Gourlay Mrs R. Ballantyne Miss Roma Moffat Mrs Mary Raitt Miss Mary Crowe Mr & Mrs A. S. Fraser Miss Hazel Bremner G W Mitchell M J Cameron Craigo Lyall Webster

Session Trust Benefactors

Alfred & Mary Birnie Mr A S Grant

Sunday School Trust Benefactors

R. M. Gordon Andrew C. Cross

3 Analysis of Donations

Analysis of Donations
Gift Aid Donations
WFO Scheme (Non Gift Aid)
Ordinary Offerings (Open Plate)
Other Offerings, Donations etc
Tax Recovered on Gift Aid Donations		 Unrestricted
Restricted
Endowment
Funds
Funds
Funds
Totals
Totals
2025
2025
2025
2025
2024
£
£
£
£
£
41,187
0
0
41,187
37,857
6,523
0
0
6,523
7,201
9,981
0
0
9,981
8,857
1,805
1,500
0
3,305
685
12,689
0
0
12,689
11,720
72,185
1,500
0
73,685
66,320

Excludes Special Collections for Third Parties - See Note 6 Excludes HLF/HES GPOW, DCMS LPOW, HMRC SBS & JRS & Grants

Rounding - See Note 8

Page 11

4 Analysis of Payments Funds Unrestricted Restricted Endowment Totals Totals
2025 2025 2025 2025 2024
Cost of generating funds £ £ £ £ £
Investment Managers' fees 0 0 0 0 0
WFO Envelopes & Stewardship Costs 245 0 0 245 353
245 0 0 245 353
Charitable activities
National Ministry & Mission and Wider Work
Giving to Grow 42,867 0 0 42,867 36,499
Presbytery dues 1,919 0 0 1,919 1,995
Minister / Locum Travel Exps etc. 1,872 0 0 1,872 1,417
Pulpit Supply 1,114 0 0 1,114 476
Locum 0 0 0 0 1,360
Other Salaries, Employers NI & Fees 17,179 0 0 17,179 15,974
Heating and Lighting 8,596 0 0 8,596 10,696
Insurance Church & Manse 9,781 0 0 9,781 9,205
Manse Council Tax 3,207 0 0 3,207 3,600
Grounds, Cleaning Mat'ls & Laundry 541 0 0 541 1,568
Church Office & Telephone Expenses 1,770 0 0 1,770 997
Life & Work 0 0 0 0 0
Printing & Advertising 919 0 0 919 1,320
Organ & Music 0 0 0 0 663
Miscellaneous Expenses 1,269 728 774 2,771 7,494
Fabric Repairs Churchs 12,369 570 0 12,939 9,268
Fabric Repairs Manse 107 0 0 107 9,447
Glebe 1,174 0 0 1,174 1,761
Parish Nursing / Anna Chaplincy 0 0 0 0 0
Poor Fund 0 0 0 0 100
Bursaries 0 0 480 480 450
Renewal Project 0 0 0 0 439
Third Party Collections 3,873 0 0 3,873 2,323
108,558 1,298 1,254 111,111 117,052
Governance Costs
Independent examiner's fees 0 0 0 0 0
Purchase of Assets / Investments
Purchase of assets 0 0 0 0 0
Purchase of investments 0 0 0 0 0
0 0 0 0 0

Excludes disburment of Special Collections for Third Parties - See Note 6 Rounding - See Note 8

Page 12

5 Ministers' Stipends

All Church of Scotland congregations contribute to the National Stipend Fund which bears the cost of all ministers' stipends and employer's contribution for national insurance, pension and housing and loan fund. Minsters' stipends are paid in accordance with the national stipend scale, which is related to years of service. For the year under review the minimum and maximum stipend were £32,433 and £39,856

6 Gardner Community Association SC 047375

The Gardner Community Association has a Management Board of Trustees some of whom are also Elders and Trustees of the Gardner Memorial Church

7 Collection for Third Parties

Collection for Third Parties
Brechin Attic Youth DropIin Centre
Scottish Bible Society
Brechin Flood Appeal
Brechin (2), Ferryden & Friockheim Primary Schools
Brechin - Royal British Legion
Christian Aid
K&I Waddell African Missionary Work
RSABI
MacMillan Cancer Support
Funeral Memorial Donations
Total Collections for Third Parties
Not included in Notes 3 and 4
Rounding - See Note 8		 2025
2024
£
£
200
160
227
1,400
651
89
477
206
200
174
56
2130
1,743
2,096

8 Rounding

All sums of 49p and below have been rounded down All sums of 50p and above have been rounded up

APPENDIX

FUNDS HELD ON BEHALF OF THE CONGREGATION BY THE CHURCH OF SCOTLAND GENERAL TRUSTEES

CONSOLIDATED FABRIC FUND
2025
2024
Account No.
Cost £
Market Value at 31 Dec
Consol. Fabric Fund - Rev
301836-50
£4,889
£2,531
Consol. Fabric Fund - Cap
301836-55
Consol. Fabric - Cap(II)
301836-56
(3500 GFU)
Growth Fund
663018365
50,365
£102,072
£94,654
Income Fund
663018366
26,581
£35,047
£34,032
Deposit Fund
663018367
26,218
£26,218
£32,039
103,164
£163,337
£160,725
Capital + Revenue Accounts Market Value at 31st December
£168,226
£163,256
Rounding - See Note 8
Page 13		 CONSOLIDATED FABRIC FUND
2025
2024
Account No.
Cost £
Market Value at 31 Dec
Consol. Fabric Fund - Rev
301836-50
£4,889
£2,531
Consol. Fabric Fund - Cap
301836-55
Consol. Fabric - Cap(II)
301836-56
(3500 GFU)
Growth Fund
663018365
50,365
£102,072
£94,654
Income Fund
663018366
26,581
£35,047
£34,032
Deposit Fund
663018367
26,218
£26,218
£32,039
103,164
£163,337
£160,725
Capital + Revenue Accounts Market Value at 31st December
£168,226
£163,256
Rounding - See Note 8
Page 13		 CONSOLIDATED FABRIC FUND
2025
2024
Account No.
Cost £
Market Value at 31 Dec
Consol. Fabric Fund - Rev
301836-50
£4,889
£2,531
Consol. Fabric Fund - Cap
301836-55
Consol. Fabric - Cap(II)
301836-56
(3500 GFU)
Growth Fund
663018365
50,365
£102,072
£94,654
Income Fund
663018366
26,581
£35,047
£34,032
Deposit Fund
663018367
26,218
£26,218
£32,039
103,164
£163,337
£160,725
Capital + Revenue Accounts Market Value at 31st December
£168,226
£163,256
Rounding - See Note 8
Page 13
103,164
£163,337
£160,725
£168,226
£163,256
Page 13

Brechin & Farnell Parish Church

The Church of Scotland Investors Trust

Certificate of Investments Held at 31 December

Deposit Fund
Type
No of Units
Reserve Fund
Unrestricted
2,000
Growth Fund
Type
No of Units
Unit Price at 31 Dec - £6.88
Reserve Fund
Unrestricted
7,000
Fabric Fund
Unrestricted
7,724
Sunday School Trust Fund
Unrestricted
1,660
Renewal Fund
Restricted
2,000
Poor Fund
Restricted
690
General Purposes Trust Fund
Endowment
5,240
James Dall Bursary
Endowment
3,000
McCosh Bursary Fund
Endowment
235
Ferrier Hood Fund
Endowment
2,500
Rev Gardner Memorial Trust
Endowment
900
Income Fund
Type
No of Units
Unit Price at 31 Dec - £11.39
Church of Scotland Guild
Unrestricted
132
Session Trust Fund
Endowment
500
Market Value of all Investments
Cost of all Investments
Unrestricted
Restricted
Endowment		 Deposit Fund
Type
No of Units
Reserve Fund
Unrestricted
2,000
Growth Fund
Type
No of Units
Unit Price at 31 Dec - £6.88
Reserve Fund
Unrestricted
7,000
Fabric Fund
Unrestricted
7,724
Sunday School Trust Fund
Unrestricted
1,660
Renewal Fund
Restricted
2,000
Poor Fund
Restricted
690
General Purposes Trust Fund
Endowment
5,240
James Dall Bursary
Endowment
3,000
McCosh Bursary Fund
Endowment
235
Ferrier Hood Fund
Endowment
2,500
Rev Gardner Memorial Trust
Endowment
900
Income Fund
Type
No of Units
Unit Price at 31 Dec - £11.39
Church of Scotland Guild
Unrestricted
132
Session Trust Fund
Endowment
500
Market Value of all Investments
Cost of all Investments
Unrestricted
Restricted
Endowment		 Cost
£
2,000
Cost
£
24,733
9,405
3,466
11,760
1,001
11,145
4,752
534
6,435
1,718		 Market
£
£2,000
Market
£
£48,160
£53,141
£11,421
£13,760
£4,747
£36,051
£20,640
£1,617
£17,200
£6,192
74,950 £212,929
Cost
£
1,144
5,392		 Market
£
£1,503
£5,695
6,536 £7,198
83,486
40,749
12,761
29,977		 £222,128
£116,225
£18,507
£87,395

Rounding - See Note 8

Page 14

Brechin & Farnell Parish Church

REVENUE

FORECAST 2026

ACTUAL 2025

GENERAL FUNDS INCOME

GENERAL FUNDS
INCOME
Offerings & Donations
Gift Aid Donations 43,000 41,187
WFO Scheme (non Gift Aid) 7,000 6,523
Ordinary Offerings (Open plate) 11,000 9,981
Other Offerings, Donations 2,000 1,805
Tax recovered on Gift Aid Donations 13,500 12,689
HMRC SBS & JRS Grants 0 0
76,500 72,185
Investment income 2,450 2,380
Fundraising 11,600 11,040
Weddings & Funerals 7,000 7,715
Use of Premises & Glebe 5,000 4,818
Drawdown from GT’s C F F for Maintenance Exp. 4,900 8,314
Other Misc. Income 500 1,616
31,450 35,882
Total Ordinary General Income 107,950 108,067
EXPENDITURE
Cost of Generating Funds
WFO & Stewardship 275 245
275 245
National Ministry and Mission & Wider Work
Giving to Grow 44,900 42,867
Presbytery Dues 1,991 1,919
46,891 44,786
Local Staffing Costs
Minister's Car & Telephone 2,000 1,872
Locum 0 0
Pulpit Supply 1,200 1,114
Other Salaries, National Insurance & Pensions 20,000 17,179
23,200 20,165
Buildings Costs
Heating & Lighting 9,250 8,596
Insurance 11,004 9,781
Manse Council Tax 3,620 3,207
Grounds, Cleaning Matl's & Laundry 850 541
General Building Maintenance & Glebe 10,000 13,650
34,724 35,775
Other Local Costs
Church Office & Telephone Costs 1,850 1,770
Printing & Postage 1,250 919
Organ & Music 150 0
Miscellaneous Expenses 2,000 1,269
5,250 3,958
Total Ordinary General Expenditure 110,340 104,930
GENERAL FUNDS SURPLUS / (DEFICIT) FOR THE YEAR -2,390 3,137
CAPITAL
PROJECTS / IMPROVEMENTS
BUDGET FUNDING SOURCE STATUS
GARDNER - GARDEN PROJECT 16,000 GT’S COMMON FABRIC FUND APPROVED
MANSE PARKING AREA 3,000 GT’S COMMON FABRIC FUND TBA
FARNELL FLAT ROOF TBA GT’S COMMON FABRIC FUND

Page 15