Charity règistratitin nurn￿r SC009470 Iseotlandl DAVIDSON'S MAINS PARISH CHURCH ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 , ALEXANDER SLOAN TC Group BusinessAdvisors & Accountants 1 Lochrin Square 92-98 Fountainbridge Edinburgh EH3 90A DAVIDSON'S MAINS PARISH CHURCH LEGAL AND ADMINISTRATIVE INFORMATION The Trustees of the COng￿gatIon are: Elected member5 serve as Trustees lor Six year terns. (Jher Trustees serve for urKlefined tenns. Elected Members (Expected retirement date.. g May 2031, h hAay 2027, j May 20291 Steven Carvel unitil 8 June 2025 Phil Coad uniu 8 June 2025 Caroline Dicks￿ h Andy Howl8tt1 Susan McNary j Oerek Peach h John Watson until 8 June 2025 Sandy West j Joan MacDonahJ g since 8 June 2025 Raymy Boyle g since 8 June 2025 Vanda Noble g since 8 June 2025 other TruBt￿￿ Anne Allan- Minis¢ryArea Leader- Pastoral Care Joy Att&rbury- Mintstry Af•a Leader-Administralion land Joint Session Clerk) Stephen Ashforth (Church Treasurer and a150 Ministy Area Leader Stewardshipl Martyn Sunler- Ministy Area Leader- Youth until 12 March 2025 Claire Sunler- Ministy ArÈ8 Lèader- Youth since 12 March 2025 Rev Oaniel Roberison- Moderalor Addr•$$ 1 ¢]uality Strèèt Oavidson's Mains Edinburgh EH4 5BB Correspondlng members of th• Klrk Sesslon are not TN$tees but Se￿ In other capacbtles for an undefined terwn: Jolnt Sesslon Clerk Phil Coad harlty number IS¢otlandl scrA)9470 Congrègation Rèfèr•ne• Numbèr 010029 Ind4p8nd8nt •xamlnèr David Jeffcoat. F.C.C. TC Group BusinessAdvisors and Accountsnts 1 Lwhrin Square Edinburgh EH3 9QA Bankers Royal Bank of Scolland 239 Sl John's Road Edinburgh EH12 7XA DAVIDSON'S MAINS PARISH CHURCH CONTENTS Pagg Trustees. report Independent exarnine¢s report statement of financial activities 88lance sheet Notes io the financial statements 10-23 DAVIDSON'S MAINS PARISH CHURCH TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 The Trustees present their annual ￿port and financial statements for the year ended 31 De￿mber 2025. The financial statements have been prepared in ￿1rdance wth the aco)unb'ng polic￿ set OLrt in note 1 to the financial statements and cornply with the charity's goveming document. the Charitses and Trustee Inveslment Iscotlandl Act 2005. the Charities Accounts Iscodandl Regulab'ons 2006, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Ihe Charitses SORP "Accounting and Reporting by Charities.. Statemen¢ of Recomrnended Pradice applicable lo ¢hariti85 preparing their accounts in 8ccordance with the Financial Reporting Standard applic3bl8 in the UK and Republic of Ireland IFRS 1021". Obl•etlv•s and aetlvltlès Charltabl8 obl•ctlv88 The Church ol Scotland is Trinilarian in d¢xtrine, Reforn)8d in tradrtion and Presbyterian in polity. It exists to glorify God and to work lor the advancement ol Christ's Kingdom throughout the worfd. 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 through a territorial ministry. 11 cwpefates wth other Churches in various ecumenical bodies in Scotland and beyond. Pgrsonnol OLJf staff team compriséd the ministèr, assislant minister, h¥ad of 08sis, eommunity WO￿•r, café managèr, tsffice manager, church officèr, kilchan assistant and organist. Across all aspects ol our church lifè, volunt6ers ￿aY an •ss8nlial part and th8 Kirk Sèssion is v8ry gratalul both to oui &mploy•&s and all thè many dèdicatad voluntaars for their contribution lo the work ol Christs kingdc Achl•v•m•nts and p•rfornianc• Worship services Our regular worship sèrvicès takè placè èvèry Sunday at 10.308m and iftdudè 8etivitiès for childrèn and young P8ople. During tha yaar wo undèrtook datailed sèmon sariès ¢onsid•ring, quèstions that Jasus askèd, iha Life of David and the book ol Colossians. Our Sunday grcwJps lor young people cov•r8d a vanèty of topics induding Tha themes at Explorers for 2025 were. The Life ol Jesus and Parables. God s Love Is big, great, fab. strong, forgiving, never-ending. everywhere. King ol Kings- Miracles of Jesus ISU Scouandl, God's Power wthin People- Acts. At Baseline we covered sessions on Prayer. Stewardship, How God Sees Us and the Lrfe of David. In October we held our first 'Singalong Sunday, when we were Joined in worship by many of the families who come along lo Sycarnore Singalong on Tuesday rnomings. A similar evenl was held just before Christmas and more are planned for 2026. Our rnorning service is livestre8med on YouTube e8ch week with 8round 110 views per week. Onc? a month on 8 Sunday evening we h(Ad 8 Praise and Pr8yer 8vening in th8 ¢8fè space which offers the opportunity for inform81 worship, prayar and sharing. The Wednesday lunchtime service with free minibus provision an(J Ihe opportunty for lunch together afterwards has becom8 an increasingly irnport8nt part of th8 we8k. It Is very much appr8ciat8d not only by those who come but also by many of th81r families. The Service is led by 50m8one drfferent each week, induding memb8rs of the preaching team but also drawing on the gifts and skills of olhers (tom the congregab.on and beyond. This year wè have enjoyed as series on the Prayers of Churd) Mothers and Fathers. Throughout the year new people of a range ol ages have conlinued io join us on both Wednesdays and Sundays. Mission partners and chanties.. We conts'nue to support Ictal. national and worfdwide mission through our Mission Partners (Ferrywell Youth Project, Scripture Union Es-leam, 2 children sponsored through Compassion, OMF linking wth a family in Asia, Intervarsity through Nigel Pollockl. giving them financial and prayer support. W8 have a collection point in the Sycamore Tre8 Café for Ftx)dbank+ 8nd Fresh Start. and teams who deliv8r donations regularty. We also have a team who serve on the Care Van. In June our organist organised two summer concerts to raise money for Tearfund and the Scottish Bible Soaety. DAVIDSON'S MAINS PARISH CHURCH TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 The Sycamore Tree Café The Sycamore Tree Calé has continued to thrive during this year and is an integral part of our mission and outreach. It provides a welcome rnee￿.ng place for people of all ages from our fellowship and the wider cornrnunity. and we are very grateful lo the many volunteers who enable Ihis io happen. In November we held an Arts and Crafts coffee moming with the pr￿eedS being split equally between ouryouth Project and FoLxlbank + As W8118s building relationship5 With regular custoffler5 during the week, we also use the cafè for targeted ev8nt5. Sycamore Singalong for 0-5s with their carers has really taken off this year and the tearn are able to chat with the parents and carèrs while providing fun. songs and Bible story for the little onès. Sycamorè Sconès, our regular afternoon tea with entertainment. continues lo be well received and lo attract a mix of church and b%ider community regulars. Oasis Wellbeing Centre oasis offers much needed silPPOrt to our community and beyond Ihrough its counselling service. A team of volunteer counsellors is led by Gail Rose. and we provide placement opportunities for trainee counsellors. During 2025 Oasis had 12 coun5ellor5 and offereil around 35 hours ol counsellin9 per week. We work with rgcornm8nded don3b.on 5¢ale and don't turn away people who can't pay. It's Possible to donate diredy to support the work ol Oasis and somo ol our ¢￿)gregat￿)n do thi$. Gail Rose, head of Oasis, also ran a mnthty aft6moon of Mindlul Art which was open to everyone. During the year. Oasis benefited from a £S.0(K) grant Irom the Edinburgh and West Lothian Presbyterls Dean Mission Fund. It also received a grant of £5.000 Irom the P's and G s Micah Fund on 23rd December which will be used to help fund ils work in the first hall of 2026. Dis¢ipleship Our sm811 groups have continued lo meet to grow, offering Blue Study, prayer and fellowship. During the year Wg hèld an Alpha coursè, a daytim• Alpha and, for lh¢ fi￿1 lim¢, a Youlh Alpha. Wa also ran, lor the first tima, tha L8Ctio Coursa l - (How to Hèar God by Praying tha Biblal and w8 ran tha 24n Prayèr course. Cat Rawlinson-watkins remained with us as Assistant Minister until 31 December 2025 when her contract with the Church ol Scotland came to an end, Cat remains wilh us a Ministry Assistant Wor￿.ng three days a wed( on a two year fixed tem contract Schools and Youth Our community worker is in the Royal High SchcM)l iwce a week. in ihe Hub chatting with young people and al the SU Group. The SU Group is led by a combination ol our cjynmunity worker and minister. a teacher and wme senior pupils who have worked through Su's leadership IrainirKJ. Davidson's Mains Primary SclK)ol c8mé to Ihè churth for thèir Eastér 8nd Christm89 assèmbliès, wth many parènts 8nd rarers 81so attending. Members ol our congregation lead SU Groups in various local schcds. We were able to run a Sumrner Program wlh Ihe help and leading of Rachel Sunter. We We￿ able to employ her as a summer worker because of a Summer Worker Scheme granl from Edinburgh and Wesl Lothian Presbytery thich was supplemented by a grant ￿CeNed from Ihe North Merchiston Fund. A range of activities was offered for primary and sewndary aged child￿n. We also enjoyed a lamily evening ar￿ barbeque with nearfy 70 children parents and te8m. Friday Night Live and tho Toaskne Bar conb.nue to flouvish. The Toath"e Bar has been running for four years, offèring a sale Pla￿ lor S1-6s to come and an opportunity to build relationships. Between ￿100 young people come each Friday lunchtime, averaging SI￿0. Friday Night Live which launched in September 2023 is a monthly event for P7- S6, to which Toastie Bar attendws and other young people can be invited, and which includes the oprortunity for them to ch￿se to hear about Jesus. Bety￿en 3￿0 young people attend and 20+ regulady opt in to the 'God slot,. DAVIDSON'S MAINS PARISH CHURCH TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 Because of the growth and development of the Toastie Bar and Friday Night Live and engagement with young people, we applied lor and received significant funding from the Church of Scouand Seeds lor Growth Fund. Members of the congregation have also resrM)nded generously to fund this new initiative. We are very grateful to God and those who have given. We also received a grant from Edinburgh Council's Community Grants Fund for this new Youth Project. other community 8ng8g8ment We ran our Easter Holiday Club ov8r lour momings this y8ar. A larg8 team of volunteers weleomed thildran for singing, garnas, Bibl6 sttsries and crafts. We sent Easter cards and Christmas cards along with a copy of John's Gospel to every home in the parish. The giving of John's Gospel was part ol the Everyone in Edinburgh project. Where we teamed up with 24 other churches from different denominations with the aim to give every household in Edinburgh a Gospel. To date '/4 of household in Edinburgh have received a Gospel. We had 8 stsll at the Gala 8nd sh8red the Christmas message on stage al the Christmas lights event. Other good opportunities lo engage with our wmmunity induded Easier egg rolling in the park after the Easter Sunday service. carol Singing in the Olde Inn iciJether wilh Hdy Cross EpI5￿PaI Churth and Follow the Star on Christmas Eve. Paslorgl c8ro and church f$llowshlp Small groups are central to our pastoral care, as m&mb6rs support and pray for one another. The Mc￿daY Club continues to thrive. attracting members from the church and ¥￿der community, and providing pastoral care for its members. The café remains an important hub for some pastoral care, and phone calls and vists contsnue with the pastoral Care team matching up people to keep in touch wilh those who 8re no longer able to gel out 8nd about. The flower ministry on a Sunday 15 8nolher important expression of our care for Ihose in need. All thos• who hav8 lost Iov8d onés in thè lasl fèw 818 invit•d to our annual Baraavam•nt Sarvic• in Novambar which is very much appreciated. Prayer The prayer ministry ¢eam conknnues to offer prayer on Sunday mornings after the service. The weekly Tuesday prayer meeting and monthly Salurday prayer breakfas¢ conbnue online. and the prayer text line and prayer update are important tools in helping us 10 5UPPOrt one another in prayer. This year we shared a weekly rhythm of prayer resourc&. Joining oth8r Christians Our minister contjnues to participate in ￿line pastors. prayer gatherings and in regular rneetsngs ￿th our cluster clergy. In May we hdd a very successful outd(￿ Penlecost Servi￿ al Silverknowes prornenade, involving fourteen different local congregations. This is now a Wel￿e$lablIshe(I event. This Easter we joined with Blackhall St. Cdurnba's, Edinburyh North Kirk and Drylaw Church for a sunrise service and breakfast. W8 continue to mak* our prèmisès availablè to support wider ministy this yèar this has induded Th6 Roma FoLJntain Church meeting in our South Hall every Sunday aftem(x)n, Care for thè Famify, Fischy Music rehearsals and providing a locats.on for other congregations, away days or FKayer retreats. L6£dership On 8th June Raymy Boyle was ordained as an elder and he. along wth Joan MacDonak1 and Vanda Noble, were admitted lo the Kirt¢ Session. Our property team under the leadership of Mison Howleit ￿ntinUeS to care for our buildings and ￿oundS, and we are very grateful to all those who offer their time and skills in this way. DAVIDSON'S MAINS PARISH CHURCH TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 Flnanclal revlew Results for the year Per the Sialernent of Financial Activitiès. thé ehurth rÈtthÈd Nèt In(￿16 li.è. a surplus) ft>r the yéar of £31.939131 December 2024 - Defiat £18,539). At 31 December 2025, the churd) had total fijnds (>f £692,630 12024 £660,6911. ReseNes Pollcy It is the Trustees, policy to h￿d reserves ol appfoximately ihree nw)nihs expenditure including designated funds. At the year end the Church held unrestricted (general and designated) funds of £649.729 of which £480,822 was represented by fixed assets and not expendable ftjnds. leaving £169.107 in free reserves. Fre8 re58rves of £167,234 r8pres8nts approximat81y Six months worth ol 8nnu818XP8ndilurg. 01 th858 fr8e resgN9 £33.920 has been sel aside to be used lowards lulure employTh8nl ￿$ts ol 8 part b.me ministy assist8nt. The Church also held £42,774 of r&strict•d lunds which have beèn wovided for the purwsès specified in Not• 21. Structuré, gov•manc• and m•nao•m•nt Status of charfty and 90￿mIng docum•nt The congregation is a registered Scottish Charity. number Sc(￿jg470, and is presentty administered in accordance with the terms of the Oeed ol Conststutson Iunilary Constitution). Appoln¢ment of Trusteos The member5 of Ihe Kirk Session are the ¢haiiW$ tru$lees and include the minister, nine elected rnember$. the Pr&$bytery Elder and the Ministry Area Leaders who have been ordained as eldefs. Electod members s8Ne as trustees lor six-y$ar torms and othor trusiegs serv* lor und¢fingd temis. The Kirk Session may also appoint corresF¥)nding members who are not trustees who exercise a specific role in the congregation. The minister is elec¢ed by the Congrega1￿ and inducted by Presbylery. ￿1 other members ol the Kirk Session are chosen from those members of Ihe ww¥JregatioD w￿+ are ojnsidered to have the appropriate competence, chemistry, tharacler and calling. Organlsatlonal structurè The Klrk Sesslon is responsible for all aspects ol the church. Al temFKYal matters such as Fabric, Finance and tho Church Office are dealt ￿th through th& Administratwjn Team or The Stewardship and Finance Team who. as needs arise, refer matters to the Kirk Session for approval. Rlsk manag•ment The Kirk Session includes a Minislry A￿a Leader for Stewardship and Finan￿ who provides regular financial updates. A slewardship updaie is a slarbding item on the Kirk Session agenda. The Kirk Session is corBcious of the inflats'onary pressures on th8 churth's costs arbd the ne8d for giving to continue to be r8vi8w8d. The 2025 budget include5 adequate provision for capital expendrture on the fabric of our buildings to allow us to mantain our properties to the standards expected by OUTselves and those who visit our premises. The willing parbcipation of Its members in these a￿a$ of its work is appreciated by the Kit* Sess¥Jn but is also an a￿a under regular review. The Trustees have assessed the major risks to which ihe charity is exposed, and are satisfied ihat systems are in place io mitigate exposure to the major risks. Independent examiner The Trustees recommend that David Jeffcoat, F.C.C.A, a pather in TC Group, Business Advisors and Accountants. remains in Offi￿ as independent examiner until further notice. DAVIDSON'S MAINS PARISH CHURCH TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 Tho roport was approved by the Board of Trustges. Stephen Ashlorth TruBtee 11 Marth 2026 DAVIDSON'S MAINS PARISH CHURCH INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DAVIDSON'S MAINS PARISH CHURCH I re￿rt on the fin8nci81 stat8rnents of the tharity for the year ended 31 Dec8mb8r 2025. which 8fe S8t out on pages 7t023. Respectlve responslbllltles of Trustees and examlner The ¢hariWs Trustees are responsible for the preparation of the finan¢i81 ststements in accordance wlh the lemis of the Charities and Truste8 Investment Iscouandl Act 2005 ar￿ the Charit185 Accounts IScotl8ndl Regulab'ons 2006. Th8 charity TnJste85 cons￿er that lh8 audit requirement ol R8gu18b"on 1011llaHcl of thg Ch8ritl85 Accounts Iscotlandl Regulatitsns 2006 does not apply. It is my responsibility to examine the financial statements as wuired undef SeCt￿n 4411 Ilcl of the Charities and Trustee Investment Iscotlandl Act 2005 and to slate whether particular matters have come to rny attention. Basls of ind•pendont examinerfs 8tstem•nt My examin8ts.on is ¢8rried out in a¢cordanc& with Regula￿￿ 11 of the Charititrs Accounts IS¢otlandl Regulab'ons 2008. An èxaminatitsn includes a réview ol thè accountsng rècords kept by th8 charity and 8 comparis(A) ol th financial statements presented with those records. It also includes consideratson ol any unusual items or disclosu￿$ in the financial statements, and seeking explanalions from the Iruslees conceming any such matters. The procedures undertaken do not provide all the ewdence that would be required in an audit and consequently I do not express an audit opinion on the view given by Ihe financial slatements. Ind•pendont examlner'ty slat?m•nt In tha couw ol my examination, no mattér has comè lo my amanilon 1. which gives me reasonable cause lo believe that in any material respect the requirements.. to keep accounting records in accordance wilh Section 4411 Mal of the Charities and Truste8 Investrnent Iscotlandl Acl 2005 and Regulation 4 of Ihe CharitiesAccA)unts Iscouandl Regulalions 20(￿. and to prepare financial statements which accord wlh Ihe ac￿u￿0.ng ￿COldS and comply with Regulation 8 of the Charities Accounts (Scollandl Regulalions 20C ha￿ not begn met, or 2. to whlch, in my opinlon, attentlon shc¥Jld b8 dfawn In order to enable a proper understandln9 of the financlal statements to b8 r&ach8d. Davld J•ffcoat, F.C.C.A. TC Group Bu5ines5 Advisors & Ac¢x>unlants 1 Lochrin Square 92-98 Founlainbridge Edinburgh EH3 9QA 121312026 Dale.. ............................ DAVIDSON'S MAINS PARISH CHURCH STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2025 Curr•nt financlal y•ar Unr•strlct•d Unr•strlet•d fvnd$ funds gènèral d•slgnat•d 2025 2025 Rèstrlct•d fvndty Total Total 2025 2025 2024 Not•$ Income from: Donations and lega¢ios Charitable acts'vits'es Other trading ath'vities Investrnents 244.222 38.256 17.126 7,179 86,053 22.865 330,275 61.121 17,126 7,224 281,722 53.029 17,085 8.798 45 Totsl Sncom• 306.783 108.963 415,746 360.634 Expendltur• on: Charitable aCdvI￿es 300.459 9,185 74.163 383,807 380.214 Total 0x￿ndItUrn 300.459 9.185 74,163 383,807 380,214 Nel g8inslllos8esl on investments 15 1,041 Net Incom•ll•xpendlturel 6,324 19.1851 34,800 31,939 118,5391 Transfers between funds 110.fyJO} 10,0 Net movement In funds 13 13.6761 815 34,800 31,939 118,5391 Recon¢lllatlon of fund¥= Fund balances at 1 January 2025 144,612 508.105 7.974 660,691 679,230 Fund balances at 31 December 2025 140.936 508,920 42.774 692,630 660.691 The statement ol financial activitiès incfud&s all gains and h)sses recognised in the year. AJI irtom8 and exp8ndKur8 derive from continuing activities. The notes on pages 10 10 23 lomi part of ihv6e financjal statemenis. DAVIDSON'S MAINS PARISH CHURCH STATEMENT OF FINANCIAL ACTIVITIES {CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2025 Prlor flnanclal yèar Unr•strlet•d Unrèstrlct•d fvnds fvnd$ g•n•ral dèslgnat8d 2024 2024 R•strletèd funds Total 2024 2024 Not•s Income from: Donations and lega¢ios Charitable acts'vits'es Other trading ath'wties Investrnents 240,761 38.200 17,085 8.738 40,961 14.829 281,722 53.029 17,085 8.798 60 Totsl Sncom• 304.784 55,850 360.634 Expendltur• on: Charitable aCdvI￿es 272,828 55.725 51,663 380.214 Total 0x￿ndItUrn 272.826 55,725 51,663 380,214 Nel gain3111058esl on inve8trnents 15 1,041 1,041 Net Incom•llexp•ndltur•l 32.999 155.7251 4,187 118.5391 Transfers between funds 24,275 124.2751 Not movement In funds 13 57.274 180.Tr)01 4,187 118,5391 Reconrlllatlon of funds= Fund balances at 1 January 2024 87.338 588,105 3.787 679,230 Fund balances at 31 December 2024 144.612 508.105 7,974 660,691 DAVIDSON'S MAINS PARISH CHURCH BALANCE SHEET AS AT31 DECEMBER 2025 2025 2024 Notes Flxod ass•ts Tangible assets 16 480.822 483,113 Current a$￿ts Debtors Cash al bank and in hand 17 15.405 217,866 14,380 175,882 233,271 190,262 Cre(Iltor8: amounts falllng du• wlthln one year 18 121.4631 112,6841 N•t curr•nt a88•ts 211.808 177.578 Total a880ts leos curr•nt1Sablllll•$ 692.630 660.691 Th• lund8 olth• charlty Rgslricled income funds Unrestricted funds- general Unreslricted funds- designaled 21 23 22 42,774 140.936 508.920 7,974 144.612 508.105 692.630 660,691 The notes on pages 10 to 23 form part of Ihese financAal ststemenis. The financial staternents were approved by the Twustee3 on 11 March 2026 *L Joy A￿T￿￿ry Trustee Stephen A$hforth Trustee DAVIDSON'S MAINS PARISH CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting policie5 Charlty Infomlatlon Th8 congregation is a registered Scotb'sh charity, number SC009470, and is presenuy administered in accordance with the terms ol the Deed of Constitulion Iunitsry Constitub"onl. 1.1 Accountlng conventlon The financial statements have been prepared in 7Lcordance Ihe charitys Deed of Constitution. the Charities and Trustee Investment Iscotlandl Ac¢ 2005. the Charities Accounts (Scotlandl Regulations 2006 las amended) and 'A￿OuntIng and Reporb'ng by Charities.. Ststement of Recomrnended Practice applicable to ch8riti8s preparing their aowunts in accordance wilh the Finanryal Retffiing Stsndard applicable in the UK and R8puNic ol Ire18r￿ IFRS 1021.185 8rnend8d lor accounling periods (xjmmgncing from 1 J8ntJ8ry 20191. The charity is a Public Benefit Enljty as defir*d by FRS 102. The charity has taken advantage of the provisions in SORP for chan￿S applying FRS 102 Upda* Bulletin 1 not to prepare a Slalemènt of Cash Flows. The finanaal statements are prepared in sierliThJ. vthich is the fUnCl￿nal cuffency ol the charity. Monetsry amounts in these financial statements are rounded to the nearest £. The financial statement5 have been prepared under th8 hislorical o)sl C￿nventiOn. The prinrApal accounting pdicie5 adopted are set out below. 1.2 Golng con¢grn Al the time ol approving the financial slatements. the Trustees have a reasonable 8xpectation that the charity has adequate ￿$OUrceS lo continue in operational exislence for the I0￿Seeable future. The Trustees consider thal Ihere are no material uncertainbes about Ihe charitys ability lo continue as a going ¢on¢em and the fin8n¢ial siatements have been prepared on a wng ¢on¢om basis. 1.3 Charltable funds Unrestricted lunds are 8vailabl& lor uso 8t lh& dis¢reiify) of Ihe Truslo8$ in lurther8n¢e of their Charitable objèctivès. Designated funds comprise fvJrKls which have been set aside at the discretion of the Trustees for 5Fecific purpose5. The purposes and uses ol the designaled fvnds are set out in the notes to the financial stalernents. Restricted funds are subject (o specific conditions by dor￿ w graniors as to how they rnay be used. The purposes and uses ol the restricled funds are sel oul in Ihe noles to the financial sla¢ements. 1.4 Ineom• Incorne is recognised when Ihe Charity is legally entitled ¢0 il after any perfomiance conditions have been met, the amounis can be measu￿￿ reliabty. and it is probable thal income will be received. Donatlons and legacles Donations are recognised when the tharity has e￿dence of entiuement to the gift, receipt is proljgble and its amount can be measur8d reli8bly. Entiuernent Usually arises immediately upon receipt, however, in th8 event that a donation Is Subject to condition5 that require a level of performance before the charity is entiued to the fund5, the incotne is deferred and not rectyJnised until either those condition5 are fully rnet, or the fuifilment of those condits.ons is wholly wthin the control of the charrty and rt is probable that those conditions will be fulfilled in the reporting period 10- DAVIDSON'S MAINS PARISH CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Accountlng pollcles {Contlnuedl Legacy gifts must be re¢r￿niSed when it 15 probable thal it wll be received. This is normally following the granting of ¢onfirrnation, when the administralorlexecutor of the estate has Ix)mmunicated in writing both the 8mount and settlem8nt date and any cOndi￿OnS attath8d to Ihe 18gacy ar8 either writhin the control ol th8 charity or have been mel. In the event that the gift Is In the form of an asset other than cash or a financial asset traded orn a récognis8d slock exchange, rewnition is subjèct to the value ol the gift being ieliably measurable with a degree ol reasonable acoJracy and the ts.tle to the asset having been transferred lo the charily. Grants rteelvablo Income from government and other grants. whether'capital, or 'revenue' in nature, are reeognised when thè charity has unconditional entitlement lo the lunds. il is probable that the income will be re￿ived, the amount can be measured reliably. Uncondilional enlitlemenl wll bè achieved once any performance or other conditions attached lo the grants have been mel, Of lulfilment of those conditions is wholly within the control of the charity. Where performance conditions are atlached to the grant and are yet to be rnet. the income is recognised as a liability and included on the balance Sheet as deferred income ¢0 be released. Income from Charltabl• AcllvStl•8 Incorne from ch8rilable aclivitse5 includes income eame(I both from the Supply of goods and services under contractual arrangements and Irom performance-relaled grants which have o)ndibons that specify the provision of particular good5 and services lo be provided by Ihe charity. Income from charitable activities IS rocognised as earned18S the related goods or servi¢es are tYOVKledl. Othèr tradlng actl¥ltl•s Income from other trading activities includes income eamed Irom b)th trading activities lo raise funds for the charity and income from fundraising events and is recognised when the charity has entitlement to the funds, it is probable that these will be received and the aThhwnts can be measured reliably. Investment Incom? Intérèst on funds héld on dèposit is indudèd whèn r6cèiv8blé 8nd Ihè 8m