| Page | |
|---|---|
| Report ofthe Trustees | Ito5 |
| Independent Exanriner's Report | 6 |
| Statement of FinancialActivities | 7 |
| BalanceSheet | 8 |
| Notestoth¤FinancialStatements | 9to19 |
| Dctrilc(lStrtementolFinancialActivitics | 20to2l |
| 3L12.25 | 3t.t2.21 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endownrent | Total | Total | ||
| tuntls | t'unds | tirnd | funds | lLrnds | ||
| NotesL | f | f. | f | f | ||
| INCO]IIE AND | ||||||
| ENDOWMENTS FROM | ||||||
| Voluntaryincomc | 2 | It6.615 | I)q5 | 3.366 | 124.286 | 104.209 |
| Charitableactivities | 5 | |||||
| ('haritablc Actiyitics | t,259 | l,r0 | 1.599 | 1.6-18 | ||
| Activitiesforgenerating funds |
l | 14,561 | 14,561 | 9.170 | ||
| InvcstmeDt incon]e | .l | l0,.l8l | 631 | I1,120 | 3.999 | |
| Otherincome | 6 | 15,000 | I,707 | t6.707 | r0,500 | |
| 0tirl | t57,92S | 6,979 | 3,366 | 168,273 | ||
| F]XPT]NDII'URT]O\ (haritahlcacti\ities |
||||||
| (harilublcActiritics | 30r,825 | 7.279 | 613 | 309.777 | It7.t75 | |
| Nctgainsoninvsstments | l8 | 359,805 | 359,805 | I | ||
| NU1' | ||||||
| INCO t\t[7(EXPENDTTURE) | 2 t5,908 | (300) | 2,693 | 2l8,-r0r | 23.765 | |
| 'l'ransli,rsbetlveenfunds | l4 | t2,693 | (10,000) | (2,6931 | ||
| Fundstranslcrrcd in | t7 | 14.573 | 1.1,573 | I12.42.) | ||
| Nctnro\crntntin funds | 213,174 | (10.300) | 232.874 | 136.19-1 | ||
| RECONCILIATIONOF | ||||||
| FUNDS | ||||||
| Totalfundsbrought fonvard | 216,903 | 36,716 | 313,649 | 177,455 | ||
| IIII.,ALFUNDS ('AtUUD t-ORWARI) |
520,077 | 26,446 | 546.523 | 313.649 |
| BalrnceSheet | |||
|---|---|---|---|
| .11Decrmber2025 | |||
| 3t.t2.25 | 3t.t2.24 | ||
| Notss | f | L | |
| l-txEI)AssE't's Invcstrncnls |
9 | 250.790 | 209.925 |
| CURRENTASSETS | |||
| Dcbtors | l0 | 18,083 | 3.444 |
| ChurchofScotland InvestorsTntstdcposits | ll | l6l,393 | 37.767 |
| Cash at bank | tt7,470 | 64.956 | |
| 296.946 | 106,167 | ||
| CREDIToRS n nrountslallingdLreriithinone year |
ll | (l.213) | (2,4131 |
| NI'1'(]UItRI]N'I'ASSE'I'S | 295,733 | t03,724 | |
| TOI'AI,ASSETS LESS CURRI.]N'T I,IABII,ITIES |
546,523 | 313.649 | |
| \u't.\ssuts | 5+6,523 | 313.649 | |
| t.'ti\l)s | t.l | ||
| IJrrrcstlictL d lirnds | 520.077 | 276,903 | |
| I{cstlictctllirnds | 26,416 | 36,146 | |
| 't()t.\t.t.tr\ l)s | 516,523 | 313,649 |
| Notrs to the FinancialStatements- continu¤d | ||||
|---|---|---|---|---|
| lbrtheYearEnded 31 December2025 | ||||
| 2. | \'()t.trNTARYl-('())ttl | |||
| 3t.12.25 | 3t.t2.24 | |||
| f | f | |||
| Offcrings | 97,930 | 74,363 | ||
| Tax rccovcrcdonGift Aid | 18,695 | t9,186 | ||
| Endorvment income | -1.-166 | 1.366 | ||
| Specialoffcrings | 4,29s | 7,291 | ||
| t24,286 | t04,209 | |||
| 3. | Acl'tvtllUSl,'OR(;UN!]RAIlNGFU\DS | |||
| It.12.25 | 3t.12.24 | |||
| f | f | |||
| LJscotprcmiscs | 14,23 | |||
| Socialactivilics | 330 | 625 | ||
| lll!1 | __2Jl1l | |||
| J. | I\',US]',NIU\Il(Oltu | |||
| 3t.12.25 | 3t.t2.24 | |||
| f | f | |||
| Dividcnds rcccivcd | 3,560 | )556 | ||
| Depositinterest | 7,560 | I,443 | ||
| lLL4 | iJlt | |||
| 5. | I(O\tE I.I{O\I( | ,\lUT.\Bl-E .('T1\'tTIES | 3l.l2.25 | 3t.t2.24 |
| f | L | |||
| Weddingsand l'unerals Donations |
24{) IlSq |
lr50 788 |
||
| t.599 | 1,638 |
| ()'lI.tRI(()\tl. | ||
|---|---|---|
| 31.12.25 | 31.12.24 | |
| t | t | |
| Wcdncsday'Brcak | 1,707 | 500 |
| Lcgacics | 15,000 | 10,000 |
| t6.707 | 10.500 |
| 9. | FIXEDASSETINVEST}IENTS | ||
|---|---|---|---|
| 3t.t2.2s | 3t .12.24 | ||
| f. | ¤ | ||
| Atcost | I73,358 | 109,919 | |
| Unrealisedgainoninvestments | 77.432 | 100.006 | |
| Market valueasat3lDecember 2025 | 250 190 |
925 209 |
|
| InvestmentsHeld | Value | Cost | |
| f | ¤ | ||
| 36,452units ChurchofScotlandInvcstors Trustgrowthunits | 250,790 | 171,358 | |
| 10. | DUBTORS:,\lOtr\TSF.\t.l-lN(;DtlU\'ll'llI()\EYU.\R | ||
| 11.t2.25 | 3t.t2.24 | ||
| f | L | ||
| GiftAidtax rcfundduc | 2,2t6 | 3,444 | |
| Other debtors | 15,867 | ||
| ][9!] | J.++{ | ||
| It. | ct-IRREN'I-ASSEttNVt SI'NlllNlS | ||
| 11.12.25 | 3t.12.24 | ||
| r | f | ||
| ChurchofScotlandInvcstors Trustdcposits | 161,393 | 37,767 |
| 3 | l.r2.25 | 3 | t.t2.24 |
|---|---|---|---|
| f | L | ||
| .t?_ll | 2,413 |
| A.\t.\',SISOr-NUIASSE | tSBU',t\',ltUr | .-t'U\I)S | ||||
|---|---|---|---|---|---|---|
| 31.12.25 | 3t.12.24 | |||||
| Unrestricted | Ilcstricted | Endownlcnt | Total | Total | ||
| lirnds | lirnds | I'und | I'unds | funds | ||
| f | r | t | f. | f | ||
| lnvestments | 250,790 | 250,790 | 209,925 | |||
| Currentassets | 270,500 | 26.446 | 296.946 | I06,1 67 | ||
| Currcntliabilities | (l,2r3) | (r,213) | (2,413) | |||
| )(t(t11 | 26.446 | rtlltl | 3 t1.649 | |||
| i\to\,IME\11\t-Li\Ds | ||||||
| Net | Transfers | |||||
| lllo!clncnt | bctwc.^n | At | ||||
| Art. t.25 | intirnds | funds | 3t.12.25 | |||
| ¤ | f | t | L | |||
| Unrestricted funds | ||||||
| FabricFund | I25,161 | 277,520 | 402.681 | |||
| Fyf'e Bequest | 3t.t47 | (l1.147) | ||||
| GcncralRescrvc | 22,584 | (.19..195) | 2,693 | (24,2r8) | ||
| Sunday School Fund | 107 | (16) | 691 | |||
| Cissie LairdFund | 90,147 | (90,347 | | ||||
| Dr. LairdFund | 6,957 | (6,9s7) | ||||
| FyfeLairdFund | ) | a1) | 138,451 | 110.923 | ||
| 276.903 | 230.481 | 12,693 | 520,077 | |||
| Restricted funds | ||||||
| Benevolentl-'unrl | 9,496 | 371 | 9.ti67 | |||
| FlowcrFund | 4,306 | ( | 154) | 4,152 | ||
| GardcnFund | 848 | (6,18) | 1,05; | I)5r) | ||
| PilgrirnPathwayPr<.rject | 2 t,1t09 | ( | 150) | (rr,050) | 10,609 | |
| Wednesdal'tsreak | 287 | 28r | 568 | |||
| 36,746 | (_r00) | (l0,o0o) | 26,446 | |||
| Endou nrcnt furrds | ||||||
| Kilrttcrrlrr()klKirkl:untl | , | 6q1 | (2,693) | |||
| 't'o].Al.1,'t;Nl)s | 1t.r.6.19232.874 | 546.52,l |
| Incoming | Rcsourccs | Cainsand | Movement | |
|---|---|---|---|---|
| resources I |
expended f |
losses L |
in lunds t |
|
| Unrcstrictedfunds | ||||
| FablicF'und | 17,556 | (tt2,947|372,9tI | 27'.7.520 | |
| (icncralRcscrvc | 138,927 | (188.422) | (49.49s) | |
| SundaySchoolFund | 440 | (456) | (t6) | |
| !-ylb t,airtlFund | 1,005 | I,467 | 2,472 | |
| 157.928 | (301,825) | 314,378 | 230,4EI | |
| Restricted funds | ||||
| BcncvolcntFund | 371 | 37t | ||
| FIowerF'und | 266 | 1120| | (154) | |
| Otherrestrictc'dIuncls | 4.295 | (4,295) | ||
| GardcnFund PilgrinrPathwayProjcct |
340 | (988) (150) |
(6,18) (rs0) |
|
| Wednesdav Break | t.707 | t,426) | 28I | |
| 6,979 | (1,279't | (300) | ||
| Endorlnrcntfunds | ||||
| Kilmacolnr OldKirkFund | 3,366 | (673) | 2,693 | |
| 't()'t ,\t.Fl\t)s | I('x.l7l | (.ltrr).777) | .171.1"8 | 211.87+ |
| Nct | Transfcrs | |||
|---|---|---|---|---|
| movenlent | between | At | ||
| AtI.1.2,1 f |
infunds t |
tunds f |
3t _t2.24 f. |
|
| Unrcstrictcdfunds | ||||
| liabric[iuntl | 89,7t8 | 35,44.1 | l25,l6l | |
| [:ylc[]cquest | 31,147 | 3t,t47 | ||
| (ieneralRcselvc | 15,544 | 4,347 | 2,(r9l | 22,584 |
| SLrndlySchoolIrund | 107 | 707 | ||
| ('issic LairrlFund Dr.LlirtlFund |
90.347 6,957 |
90,347 6q\1 |
||
| t36,409 | 137,801 | 2,693 | 276,903 | |
| Restricted funds | ||||
| Bcncv0lcntFund | 9,063 | .r33 | 9,496 | |
| FlowcrFund | 4,234 | 12 | 4,306 | |
| Garden Fund | 940 | (e2) | 848 | |
| PilgrimPathrvayProjcct | 26,809 | (5,000) | 2l,809 | |
| WcdncsdalBrcak | 287 | 287 | ||
| .lI.0{6 | (4,300) | 36.716 | ||
| Endo$rnent funds Kilnrac<.rlntOldKirkFund |
?t'q'l | (2,693) | ||
| 1()1A1.l]UNl)S | t77.455 | I36.194 | 313,649 |
| lncoming lesources ff |
Rcsorrrccs expended |
Cainsand losses f |
Movement infunds f |
|
|---|---|---|---|---|
| Unrestricted funds | ||||
| Fabric f'und | 0.000 | 25,443 | ||
| GcncralRcscnc | t07.374 | (r03,027) | 4.347 | |
| Sunday School Fund | 707 | 707 | ||
| Cissie l-airdFund | 90,147 | 90,341 | ||
| Drl-airdFund | 6,9-s7 | 6.957 | ||
| tt7.314 | (103.027) | t23.454 | l37,n0l | |
| Restrict¤d funds | ||||
| BencvolentFund | 433 | 433 | ||
| FlowcrFund | 3ll | (23e) | 72 | |
| Othcr rcstrictedfunds | 7,294 | (7.2e4) | ||
| CardcnFund | 500 | (se2) | (92t | |
| PilgrimPathrvay Project | (5,000) | (s,000) | ||
| Wcdnesdal'tsreak | 2-l8 | (ls0) | .l99 | 281 |
| 8,776 | (r3,4i5) | 199 | (4,300) | |
| Errtkrrrrucntfirnds | ||||
| Kilrrircolrr OltlKilkIrrrril | 3,366 | (671) | 2,693 | |
| TOl/\t.l't:\DS | 129.516 | (n7,r75) | l2l,lt5:l | 136.194 |
| 2025 | 2021 | |
|---|---|---|
| ChristianAid | 375 | t,763 |
| ArdgowanHospice | ||
| Poppy Scotland | 37t | 546 |
| Glasgow LodgingHouseMission | 650 | 495 |
| CrossReach | 100 | 130 |
| lnverclydc Children&FamilyTeam | 175 | 135 |
| Inverclyde Women'sAid | 135 | |
| Church AngelsFoodbank | 222 | |
| MalawiHospital | 300 | |
| Funcral Rctiral Offerings | 1.729 ara{ |
q.o9o 7.294 |
| Funcralrctiralofferingsrvercasfollou's | |
|---|---|
| Beatson CancerResearch | 1,149 |
| Macular Society | 210 |
| Sightsavcrs | t30 |
| CardenF'und | 240 |
| IJ29 |
| Fromsaleof OldKirkmanse,lesscostofncwmanseand l07olevytocentralfunds. | Fromsaleof OldKirkmanse,lesscostofncwmanseand l07olevytocentralfunds. | ||
|---|---|---|---|
| Capital | Revenue | ||
| Balanccheldasat3lDcccmber2024 | 328,410 | '7,622 | |
| Intercst rcceived | 13.710 | ||
| 2t,332 | |||
| !95g:Rclcased tocongrcgationforFabric cxpcnditure | t4.573 | ||
| BalanceHeldat3lDecember 2025 | 32Ii.4I0 | 6.759 | |
| I;t\t)sTR..\st'uRRut)I| | |||
| 2025 | t1)t.l | ||
| FundsreleasedbyGeneral Trustees | 14.573 | ||
| Funds transferredin fromStColumbaonunion | I 12..129 | ||
| III. | N1]1'GAI)iS ONINvt]SI'IIIE\TS | ||
| 2025 | 21t24 | ||
| Gainonrevaluationofinvcstments | ooo) | t | |
| Gainonrealisationofinvr'stments | ,46',7 | ||
| SaleofStColumbaManse | 348,346 | ||
| 359,E05 | I1..124 |
| tbrtheYcar lln | ded3lDecembcr | 2025 | ||||
|---|---|---|---|---|---|---|
| -l1.t2.25 | 31.t2.24 | |||||
| Unrcstrictcd | RestrictcdEndou'ment | Total | Total | |||
| funds | funds | funds | tirnds | tunds | ||
| L | ff | L | f" | |||
| INCOi\IE,\NDENDO\'I\IT]N'T'S | ||||||
| voluntaryincome | ||||||
| Offerings | 97,q30 | 97.930 | 74,363 | |||
| Taxrecovercd onGift Aid | t8,695 | t,695 | t9,lti6 | |||
| Endownrcntincome | 3,366 | 3,366 | 3,366 | |||
| Specialoffcrings | I)05 | 1.295 | 7,294 | |||
| I16.625 | 4,295 | 3.366 | 124.286 | 104,209 | ||
| ActiYitiesforgenerating funds | ||||||
| Useofprcnriscs | 14,231 | 14,231 | 8,545 | |||
| Social activities | t30 | 330 | 625 | |||
| I4.56I | I.1.56l | 9.170 | ||||
| Investm(]nt income Dividcnds rcccivcd |
3,560 | 't550 | ? s56 | |||
| Deposilintcrcst | 6,923 | 617 | 7,560 | |||
| 10.483 | .120 | 3,999 | ||||
| Charitablcactivitics | ||||||
| Weddingsand funcrals | 2.+0 | 240 | t50 | |||
| Donations | ,259 | t00 | .159 | |||
| I,259 | 3-10 | r.599 | 1,618 | |||
| Otherincome | ||||||
| Wednesday Break | ,'707 | I.107 | ||||
| Legacies | 15,(x)0 | 15.000 | t0.(xx) | |||
| I5.(XX) | 1.707 | 16,707 | 10,500 |
|||
| Totalincomingresources | 157 92E | 6.979 | 3.366 | 168.273 | 129.5 16 |
| DetailcdStatementofl'inancialActivities | DetailcdStatementofl'inancialActivities | DetailcdStatementofl'inancialActivities | |||
|---|---|---|---|---|---|
| tbrthc YearEnded3lDeccrnber2025 | |||||
| 3t.t2.25 | 3t.12.24 | ||||
| UnrestrictedRestrictcdEndowmcnt | Total | Total | |||
| funds fff |
t'unds | funds |
funds f |
tunds t |
|
| lt\PE.,r-DtTtrl{ll | |||||
| Charitableactivities | |||||
| Giving toGrow | 87,5 52 | R755) | 52,456 | ||
| Carexpenscs | 1,523 | t,523 | 319 | ||
| Pulpit supply Prcsbyteryassessmcnt |
2t4 2,t64 |
214 2,t64 |
130 1,555 |
||
| ChurchofScotland Central | |||||
| FabricFund | 67) | 673 | 673 | ||
| Organist'sremuncration | s)r0 | 5,220 | 5,290 | ||
| Charitabledonations | 1,295 | 4.295 | 7,291 | ||
| Property repairs and | |||||
| maintenance | l]r,1t80 | 988 | 132,868 | 6.763 | |
| Ratcs, insurancc andCouncil | |||||
| Tax | 5,694 | 5,69,+ | 5.0I.1 | ||
| Heat&light | 16,868 | 16.u68 | r3.473 | ||
| Cleaning | 7,317 | '7,31',7 | 6.4'74 | ||
| Organ&choir | 702 | 702 | 648 | ||
| Postage,stationeryandIT | |||||
| expenses | 5.659 | s 659 | 4.021 | ||
| Youthexpcnses | .156 | 456 | ?52 | ||
| Otherexpenses | 4,t54 | 1.996 | 6,150 | t{.95li | |
| Removalcxpcnscs | 5,412 | 5,472 | |||
| Disturbance allowancc | r,668 | 1,668 | |||
| StColumbaexpenses* | 25 2li2 | 25,282 | 17q5 | ||
| 30r.825 | 1)10 | 673 | 309.771 | lt7,l75 | |
| Totalresourccs cxpcnded | -r01,825 | 7.279 | 673 | 309.777 | II7.t75 |
| Net(expenditurc)/income before gains andlosses |
0ll,8z) | ___ll!9)__!.6!! | LlllJgl) | -12]lJ |
| 2025 | 2024 | |
|---|---|---|
| Insurance | 14,430 | |
| Hcat&Light | 5,113 | 1,363 |
| Repairs | 3.017 | 63 |
| Cleaning | 2.198 | 152 |
| Salclixpcnscs | 321 | 600 |
| 25,282 | 17qS |