CHARITY REFERENCE NUMBER - SC010982
ST JOHN'S EPISCOPAL CHURCH, PITTENWEEM
ACCOUNTS FOR THE YEAR ENDED 30TH SEPTEMBER 2025
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ST JOHN'S EPISCOPAL CHURCH, PITTENWEEM
CHARITY REFERENCE NUMBER — SCO6010982 Contact : iy 31 Beacon Court Craw's Nest Court Anstruther Fife KY10 3FP
CHARITY TRUSTEES - Members of the Vestry
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INDEPENDENT EXAMINER a BANKERS South Street ST ANDREWS KY 16 9JZ
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CHURCH ADDRESS Marygate PITTENWEEM
PRINCIPAL OFFICE
31 Beacon Court Craw's Nest Court Anstruther Fife KY10 3FP
ST JOHN'S EPISCOPAL CHURCH
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REPORT OF THE VESTRY
YEAR ENDED 30 SEPTEMBER 2025
The members of the Vestry present their annual report together with the financial statements for the year ended 30 September 2025.
Structure and Governance AccountsIn terms of(Scotland)the ChariticsRegulations and Trustcc2006,Investmentthe Vesiry (Scotland)reports to Act 2005the congregation and the Charitiesas follows: 1. StJohn's Episcopal Church - Pittenweem is a registered Scottish Charity (SC010982). 2. It is amember of the Diocese of St Andrews, Dunkeld and Dunblane of the Scottish Episcopal Church and is in full communion with the Anglican Church. 3. The superior authority is the Bishop of St Andrews, Dunkeld and Dunblane. 4. All of its affairs are governed by the Vestry.
Appointment of Vestry Members
Vestry members are elected or appointed by Annual Congregational Meeting established by constitution and under Canon Law of the Scottish Episcopal Church. There is no formal induction programme but ongoing guidance is given to ensure that Vestry members ate familiar with the Church's values, aims and responsibilities as the designated trusteesof a charity.
Administrative Structure
It is the duty of the Vestry to manage the temporal affairs of the congregation with | responsibility to keep the fabric and property of the church and other buildings in good working order and to look after the finances of the church.
Statement of Risk
The Vestry keeps under review the major risks to which the Church is exposed and has established procedures to mitigate any risks identified. Charitable Objectives and Activities The Church's principal activities include authorised public worship in sacrament and prayer, Christian education (including education of theological students), pastoral care within the congregational community, charitable work and fund-raising for local, national and international needs, social meetings for community groups for all ages.
Volunteers
The Vestry is grateful for the time freely given by a large number of volunteers, without whom many of the activities would be unable to operate.
ST JOHN'S EPISCOPAL CHURCH
REPORT OF THE VESTRY (continued)
Achievements and performance
The Church continues to make its facilities available for use and provide worship for the whole community. Led by our incumbent of one year, the Vestry has begun implementing our five-year plan for mission and outreach, in particular, strengthening links with other local churches and with schools, and welcoming pilgrims to St Fillan’s Cave, the ancient Christian site which is in our care.
Financial Review
A deficit of £6,637 on the revenue account has been made during this financial year compared to a surplus of£6,054 last year.
Plans for future periods
The Vestry will continue implementing its vision for the next five years, building on it$ present range ofactivities while exploring and introducing new initiatives with the aim ofstrengthening ties with the local community.
Reserves
The Vestry has adopted a policy of maintaining a level of unrestricted reserves such that, in the event of a significant drop in income, the church would be able to maintain the current and planned future level of activities for at least five years.
Statement of the Vestry Member's Responsibilities
The members of the Vestry must prepare financial statements which give sufficient detail to enable an appreciation of the transactions of the Church during the financial year. The members ofthe Vestry are responsible for keeping proper accounting records which must reflect the current financial position of the Church at that time. This must be done to énsure that the financial statements comply with the Charitics and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. They are also responsible for safeguarding the assets of the Church and must take reasonable steps for the prevention and/or detection of fraud and other irregularities.
Signed on behalf of the Vestry
November 2025
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INDEPENDENT EXAMINER'S REPORT
TO THE VESTRY OF ST JOHN'S EPISCOPAL CHURCH
FOR THE YEAR ENDED 30 SEPTEMBER 2025
I report on the accounts ofthe charity for the year ended 30 September 2025 which are set out on pages 6-9,
Respective responsibilities of Vestry Members and examiner
The Church's Vestry members are responsible for the preparation of the accounts in accordance with the terms ofthe Charities and Trustee Investment (Scotland) Act 2005 and Charities Accounts (Scotland) Regulations 2006. The Church's members of the vestry consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulatians does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audii opinion on the view given by the accounts.
Independent examiner's statement
In the course of my examination, no matter has come to my attention
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which gives me reasonable cause to believe that in any material respect the requirements: - to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and
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to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met, or
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to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
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ST JOHN'S EPISCOPAL CHURCH
INCOME AND EXPENDITURE ACCOUNT - YEAR ENDED 30 SEPTEMBER 2025
| 2025 | 2024 | |||
|---|---|---|---|---|
| Receipts | £ | £ | ||
| Voluntary income | ||||
| GiftAid | 13,476 | 14,358 | ||
| Open plate offerings | 2,477 | 2,158 | ||
| Donations | 204 | 425 | ||
| Legacy | 1,000 | 500 | ||
| Tax reclaimed | 6,397 | 4,530 | ||
| Diocesan Stipend Support Grant | - | L795 | ||
| Fund-raising income (Note 5) | 3,836 | 2,497 | ||
| St Michael's share ofExpenses (Note 6) | 1,280 | 8,680 | ||
| Church letting income (Note 7) | 500 | 400 | ||
| Income trom financial investments | ||||
| Investment income | 11,705 | 10,286 | ||
| Bank interest | 405 | 1,075 | ||
| Total unrestricted income | 41,280 | 46,704 | ||
| Restricted income (Note 8) | 866 | 1,146 | ||
| Total income | 42.146 | 47,850 | ||
| Payments | ||||
| Stipend | 28,196 | 4,845 | ||
| Recruitment expenses | - | 6,340 | ||
| Clergy Fees | 102 | 1,872 | ||
| Council Tax | 1,660 | 96 | ||
| Travel Expenses | 834 | 673 | ||
| Diocesan Quota | 5,959 | 5,312 | ||
| Property Expenses (Note 9) | 6,404 | 16,836 | ||
| IT and communications | 1,558 | 1,146 | ||
| Organist fees | 939 | 270 | ||
| Professional fees | - | 1,677 | ||
| Otherexpenses (Note 10) | 2,265 | 1,583 | ||
| Governance costs | ||||
| Independent examiner's fee | - | |||
| Total unrestricted expenditure | 47,917 | 40,650 | ||
| Restricted expenditure | 866 | 1.146 | ||
| Total Expenditure | 48.783 | 41,796 | ||
| Surplus(deficit)foryear | (6,637) | 6.054 |
ST JOHN'S EPISCOPAL CHURCH STATEMENT OF BALANCES AS AT 30 SEPTEMBER 2025
| 2025 | 2024 | |
|---|---|---|
| Bank and cash in hand | ||
| Opening balances | 53,266 | 47,212 |
| Surplus (Deficit) for year | (6,637) | 6,054 |
| Closing balances | 46,629 | 53,266 |
| Investments (Note ii) | ||
| Scottish Episcopal Church Unit Trust Pool | ||
| Book Value at beginning ofyear | 251,397 | 231,997 |
| Book value at end ofyear | 251,397 | 251,397 |
| Market Value | 393,903 | 360,699 |
| ApprovedbytheVestryonNovember2025andsignedontheirbehalf |
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ST JOHN'S EPISCOPAL CHURCH
NOTES TO ACCOUNTS FOR YEAR ENDED 30 SEPTEMBER 2025
| PROPERTY
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The church building is not shown in the statement of balances as the Vestry believes that it is not possible to place a market value on it. In March 2021 the building was valued for insurances at £2,310,000. The Vestry also ownsa ring (value unknown) bequeathed by Bishop David Low.
2 EQUIPMENT it is the policy of the Vestry to expend equipment in the year of purchase. 3 FUNDS Funds are held for the purpose of supporting the work of the church.
4 TRUSTEE EXPENSES
None of the Vestry members, with the exception of the incumbent, receives remuneration or | expenses in respect of their duties as Vestry members. The post of Priest-in-charge is | remunerated accordingly, with the stipend shared in the proportion 2/3 St John the Evangelist, Pittenweem and 1/3 St Michael and All Angels, Elie and expenses shared equally between the two charges. The Priest is accommodated in The Great House, which is made available as Rectory by Bishop Low's Trust, owner of the building. The two charges share equally the cost of internal maintenance of the Rectory, with St John's acting as paying agent.
|5 FUND-RAISING INCOME||||
|---|---|---|
||2025|2024|
|Summer Fayre|2,600|1,801|
|Table Sales|467|356|
|Wine tasting|315|-|
|Organ Recitals|238|286|
|East Neuk lecture|68|-|
|Harvest Supper|148
3,836|54
2.497|
|6 ST MICHAEL’S’ SHARE OF EXPENSES|||
||2025|2024|
|Rectory maintenance and repairs|150|5258|
|Settlement ofshared clergy expenses|1,130|-|
|Clergy fees|-|153|
|Recruitment|-|3,025|
|Website andZoom subscriptions|—|244|
||1,280|8,680|
7 LETTING INCOME
During the Pittenweem Arts Festival, the church was let as gallery space to an artist.
| 8 RESTRICTED INCOMEAND EXPENDITURE | ||
|---|---|---|
| 2025 | ||
| DEC Middle East appeal | 790 | |
| Aberlour children’s charity | __76 | |
| _866 | ||
| 9 PROPERTY EXPENSES |
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| Insurance Electricity |
ra 1,877 1,308 |
‘i 1,850 1,318 |
| Gas | 1,525 | 802 |
| Waier rates | 519 | -) |
| Repairs (church) Repairs (rectory) |
959 _216 6.404 |
2,179 10,687 16,836 |
| 10 OTHEREXPENSES Consumables |
2025 775 |
2024 519 |
| Sundries | 1,091 | 450 |
| Hall hire | 74 | 114 |
| Donations to good works | 325 | _500 |
| 2,265 | 1,583 |
il INVESTMENTS
The church's investments are managed by
The Scottish Episcopal Church Unit Trust Pool, ref. 48P006 21 Grosvenor Crescent Edinburgh EH12 SEE