The Church of Scotland OREENBANK PARISH CHURCH OF 8COTLAND Flnanclal Statemonts for tho year ended 31 Docomber 2026 Scottish Charity No.. SC011453 Congregation No: 160863
Green k Parlsh Church ' Annual Re Year ended 31 December 2025 The trustses present the annual report and acu)unts for Gre8nbank Parbsh Church for the year ended 31 December 2025. Reference and Admlnlstratlve Informall¢)n Charity Name.. Gre8nbank Parish Church of Scotland Charity Reg No.. SC011453 Congregation Ref. 160863 Principal office: 36 Eagt8sharn Road, Glasg G78 7DJ Auditor8'. Thomas Barrie & Co, Atlantic House, 1A Cadogan Street, Glasgow G2 6QA Bankers.. Virgin Money, 21 Kllmamock Road, Glasg G413YW Truste The list of trustees is shown on page 5 of the accounts. Other Infomiatlon Interim Moderator & Locum Mlnlstsr. Rev Ruth Halley, 38 Eaglesham Road, Clarkston G76 7DJ Session Clerk." Mrs Helen HoHard, 28 Mansefield Road, G78 7DY Depute Session Clerk.. Mr Pètér Liddell, 9 Sunny&de Drive. Clarkston G76 Trp Worship.. Mrs Marie Forster, 1 Sunda18 Avenue. Clarkston G76 7SR Outreach.. Mr Ronald McNelll. 38 Hlllend Ro&J. Clarkston G76 Fellowship.. Mrs Linty Dallas. 34 Sunnybank Drive, Clarkston G76 7ST Prop8ty: Mr Graham Vance, g Bee¢hlands Drive, Clarkston G76 7XA Youth.. Mrs Hilary Carswell, 10 Easter Road. Clarkston G76 8HS Health and Safety.. Mr Stephen Bjanchfiower. 127 Hillview Drive. Clathston G76 7LE Safeguarding: Mr Graeme Rae, 108 HilFend Cresc•)( Clarkston G76 7XY Finan.. Mr Alislair Smllh, 26 Stewart Drive, C1aTkSt G76 7EZ
Greenbank Par hch ual Re ort Year ended 31 December 202 Structurè, Governance and Management Govamlng Document The Church is administered In ac(%)rdan with the temis of the Unitary Constitution. Recrullment and Appolntment of Tnte88 Mernrs ofthe Kirk Session are the chanty trustees. The Kirk Session members are the Ministèr or Interim Moderator tog8ther vAth elders of the church who are ¢hosen from those members of the church who are considered to have the aPWOPTiate gits. skills and commltment to Contribute to the management affairs of the church. Organlsatlonal stru19 The Kirk Session meets at least four times a year arwj is responsible for the spiritual affairs within the Church in addition to the management ol Its r880ur¢es. The organisational structure is based on Worshlp, Outreach, Fdlowshlp. Property, Youth, Health and Safety, Safeguarding and Finance, each of which is headed by a member of the Kirk Session. Certain rèsponsibilities are delegated to individuals arKI commttt8es as approFKiab. Objeclfves and Actlvltles The Church of Scotland Is Trlnltarian In doctrln8, Refonned In tradltion ar¥J Presbyterian In wlity. It exists to glorify God and to work for the 8d¥8ncernerrt of Chrisys Kingdom throughout the worfd. As a national Church, it ackn(Ywledges a distinctive call arKI duty to bring the ordinanc8s of religion to the people in every parlsh of S¢otSand thiough a territorial ministy. It Cowoperates with other Churches in various ecumenical bodies in SlIand and beyoTrJ. The church conducts Sunday VrShIp at 10.30 am which is also streamed Ilve and available for vlewing during the foll0vn9 week on the intsmet. The Church choir and Sunday school are signthcant part of our worship. Orders of service are distribuied eb¢troniolly every week in advance of the seryiL* and our monthty church magazine. Good Neighbour. is also distribLrted electronlcally and dellvered to those without access to email. Church organisations include the Guikl, 8ible Study Group, Drama dub. Book dub. Brownie and Guides, Boys. Brigade, Badminton and TimeouL As part of our Legacy Proj'ect we disposed of our okl church halls during the year and tegan the Construction of new annexe and durlro thts Proc we ntinUed to serve the wider communty including Cosy Cafè, providing free refreshnts afterschool to local secondary schoolchildren, Communty Choir. Bushido Karate, and Taekwon-do. More detail can be seen on our website at IW.greenbankg1aSgow.org.Uk.
Greenbank Parlsh Church Trustees, Annual Re Year ended 31 Docember 2026 Achlevements and Perft)rmance We give thanks to the Reverend Dr John L McPake for his valuable support to our congregation as our Interim Moderator over the past two years vthich ended on 11 November following his appointrnent as Acting Principal Clerk of the Church of Scoland He has been a staiwart support to us, and we congratulate him on this aFpointment and wish him well for the futur8. Our Lo¢um Minister, the Reverend Ruth Halley. has taken over as our Intsrim Moderator from that d8te giving us valuable conts'nuty and V pla on record our gratitude and appreclation of her inspiring leadership, frequenty gng above and beyond the norTnal duti8s of a Locum Mlnister. W8 are very fortunate to have the b8n8fit of her considerable experience In the role of both Inlerim Moderator and Locum Ministsr. The land to the north of our church, the Clarkston Toll sije. was sold at the end of March to allow the building of a rnuCneeded care home. This land was the srte for our old church halls, whith yre beyond economic repair and the proceeds of the sale, togelher with the accumulats'on of grants from various bodies, congregational pledges, donations and fundralsing actlvlb'es allowed us to commence the work on the construction of an anrnxe to the south side of the Church. This 18 to provide updated accommodation, toilets, krtthen. halls, gathering and Offi space. The Slgnlficant financial support together with legal and practical technlcal advice provided by the General Trustees of the Church of Scotland In Edlnburgh and Glasgow Presbytery has been of crucial Imwrtance to the succe88 of thls project. Wle thank them, as well as our congregation for thelr unwavering, and continulng, support of this project over many years. Our weekly worship is well atteTrJed induding a small iKrt enthusiastic Sunday Club for young people. The weekty sèrvic* is also recorded online for those unable to attend church in person and we Continue to send weekty efflails with Order of Service and Announcements to all members of the congregation. In conjunction with visits from elders and district visitors, our Befriending group provides support to members vnth addtti¢)nal pastoral needs. In spite of the disruption necessarily resulting from the disposal ofthe north site and construction of our new annexe, a wide range of a¢tivrties continues to take place every vfftk which enab18S partiapation by a number of drfferent groups of Congregational and community members. These include a strong Guild, men'SWee meetings. COSY ¢aféfor secondary schoolchildren. Bushido karate club and Taekwon-do marts'al arts. Addiiionally we host a very large communty choir whlch perfomis very well attended conrtS fvlice a year. Vthen our annexe is completed in 2026. we expect to host m8ny otherathibes based on enqUIS we have received from the communty throughout the year.
Greenbank Parl8h Church Trustees. Annual Re Year end d 31 Decembor 2026 Achlèvèments and Perfomiancel contlnued To address the shortage of ministers and surplus of buildings, Glasgow Presbytery introduced the concept of Cluster Groups of churches. Greenbank and fdlow congregats'ons in our cluster of Busby and Nethertee and Stsmpedand continue to work trjgether during the year towards implemenb'ng the agre&J Presbytery Plan. Greenbank is grateful to all its Offi bearern and th8 many others vtho so generously and freely offered their time, talent and resources for rts ongoing woth and gives thanks to God for all that was gNen and received in 2025. Our vision 18 to lfve our faith by our actions at the héart of our communlty and to do 80 from a sustainable base for many years into the future. RS•k Managemont Th8 Trustees have considered the malor rlsks to whth the charlty is exposed and have put In place system8 and pro¢edur88 to mitigate th risks where appropriate. The kèy areas of rlsk Identilled incfude.. Financial controls and safwJuarding of funds Health and Safety of tho88 U8ing church prernises Protectlon of vulnerabk8 l[8 (includiro safeguarding pol1e$ for children and adults at risk) Governance and regulatory compllanc8 Operational risks arising from rdlance on volunteers Risk8 associated with maintsining church buildings arKI propèrty The Trustees regularty review these risks aThJ ensur8 that appropriate intsmal controls, policies, and procedures are in place to mtyate them. FinoneAal pro¢ureS are reVIved to ensure proper stlardShiP of resources, safeguarding pollcl88 are maintained and upJ8ted, and insurance cover is in FA8 to protect against propety. liabilty, and other OFerational risks. The Trustees are satisfied that reasonable steps have been taken to Mjentify and manage risks appropTiatsly, relative to the size and coMplety of the charity.
RE MB ear ondgd 3 mber 2025 UST OF TRU FROII 1.125 TO JO.•16 DN4lthm PA P LhSJ81 A 81¢1 Kma A M¢¥hy R M&YeM MtP• 31111Y15 D Carth H C•r• J Crk rwWd 1W25 L Da18# F(rt•r L Snp•w re8n8d 2KR6 GFOY R Haloy •ppthI 11111r25 A Harwy H Huward Gvar A Velth SWger
Greenbank Parish Church Trustees, Ann alRe Year ended 31 December 2025 Flnanclal Rovièw In our unrestricted funds i)ffering income fell by just over 1% on the previous year from £137k in 2024 to £135k in 2025, reflecting a reduction in our o)ngregats'onal roll. This was more than offset however by a generous donalion from one of our members of £5k to go towards improvements in our audio-visual system andlor any other way the Kirk Session chose to use it. This was the principal r8ason h1nd thé increase of £5k in our donations and legacies income against the previous year. During the year our church halls on the north site ofourestate were disrsed of to release funding towards our new premlses which are currently under construction. This had the effect of reducing our income from hall lets by £3k whlch. when set against the £5k gain noted in the preceding paragraph, resulted in tyjr overall income on unrestricted funds showing a net increase in the year of £2k over the previous year. Our expenditure fell from £251k in 2024 to £178k in 2025, with the previous year's figure containing the gross cost of our new heating system of £71 k. Overall we generated a surplus of £8k in our unrestricted funds against 8 deficit of £9k in th8 previous year. The main feature of the year hoVer was the sale of the north srte to help fund our new annexe which has been under construction during the year and should be completed in 2026. We have Incurred construction costs in the year of £1.987k, all of which have been expended via the Statement of Financial Acts'vities. This is due to litle being vestgj in the General Trustees, complying Yllth Church Regulations. Our accounts show the generous support of the General Trustees of the Church of Scotland for this projec( wrth financral grants of £731 k as well as considerable legal and technical support offered throughoutthe year and we are pleased to record our grateful thanks to them for this vtlal assistance. W8 also place on record ourthanks to those members vtho have continued to support the Legacy Project financially in addition to their original pledges and to those who continue to work to secure grant fvnding, as well as to those continuing to support the Project through Fundraising activities and in many other ways. Our employees too. have risen to the challengè of the necessary disruption Caused by the building work as continue our efforts to create a sustainable estate to serve the communty as a Chrisb'an centre of worship for this and fijture generahons. Re8èrve8 Pollcy It is the Trustees, policy to hold resenies as a conts'ngency against unusually large and unforeseeable Costs required to maintain our church buildings. At Ihe year end the church held Unre$tried funds of £71 k which represents 4.8 monlhs of our total expenditure on unrestricted funds in 2025. Restricted funds totalled £685k at the year end as outlined in note 19 lo the accounts. The restricted fvnds can only be used for the purposes specified.
Greenbank Parlsh Trustees, Annual Re ort ear 26 Statement of Trustees. Responslbllhles The charity trustees are responsible for prepariw a Twstees. Annual Rep)rt and Financial Statements in accordance wrth applicabl8 law and Unl Kingdom Accounting Stsndards {United Klngdom Generally Accepted Accounling Practice). The law applicable to charities in Scotland requires the chanty trustees to prepare financial statements for eath year which show a true and fair view of the stste of affairs for the charity and of the incoming resources and application of resources, of the Gharity for that period. In preparing the fin8nc481 statements, the trustees are required to.. select suitsble accounting policl8s and then akwy th8m consistently: observe th8 melhcmds and principle8 in the applicabbe tharites SORP: make judgments and estimates that are reasonaUe and prud8nt; state whether applicabl8 8ccounling standards and statements of recommended pract have been followed. subfftd to any departures di10$e and explained in Ihe financial $tatem8nts', and prepare the finandal Statements on the going (x)nwi basis un18SS it Is Inappropriate to presume that th8 charity will continue in operational existsnce. The trustees are responsible for keeplng proper accounting records whlch disclose with reasonable accuracy at any time the financaal positlon of the chanty and enabl8 it to 8nsure that the financial Statements compty ¥Mth the Charilies and Trustee Investment {Scotland) Act 2005 and the Charities Accounts (Scotlandl RulationS 2006 (as amended}. They are also responsible for safeguarding the assets ofthe chafity and hence for tsking reasonable steps forthe prevention and detethon of fraud and other irregularilies. Appioved by the Trust88s and signed on their bthalf, Helen Howard S8s&on Clerk 30 June 2026
EprrA ANK PARISH CHURCH OF OF GREEN OplTdon We have alld1t the financ1 statem¢ots of Parish Cthwch of S¢odand (the 'La[1) for the year endeAJ 31 December 2025 wbich comprise the Statem¢ttt of FttiaticEal Activiti4 tbe B418ts¢e SW the Cath FIOW stat¢J)Iet and notes to the fm4neial $tstemettts. including a of sigrtificaTtt accountiti8 111¢$. Th¢ fin4ncial re[rtIng fr8m¢work that bos bccD appiicd in thwr ptwarati(] 1$ 4yli¢able law Unitol KTrgdom Standards (UDited Kingdom Gcllcraily Accepted Accounting Praai¢¢), including FiDarKial RqKth8 Stsjknlard J02 Ib¢ Financial Roortin8 Stth appticable inthe UK alld Repwbjic of Irt1T. Itt our opinion the finan¢iRI atEJnents: . ve & tsue and fair wew of the ste of the clllritsble ccryys IrS ¥ at 31 Dttether 2025 and of itg li01]8 X¢50urcc8 and applicatioThofT¢sour¢¢s tticludjng its aDd ext¢nditiy forthe year then t. . have be¢r¢ prqjttly pttparnj a)rdance vrith VDited Kingthm CKDcTrlly Acceptal A¢cOtill8 Prarti¢e, tll¢tudll FiTwid Reporbn8 Standud 102 Tr FIL181 R¢portins Stsnd8rd app]iCAbl¢ iti the UK fynd Rcpubiic of tnv¢sttnent (Seothttdj A¢t 2(K)5 and Re8u]atico 8 of th¢ Chriii¢8 Accouttts (SLth) ReguJaticrth8 2(X)6. Bath for oplnlo We eondu¢ted our audit tn aLzwdaw¢ with InternatioD•i s18T& (A) Auditin8 IUK) OSAS (UK)) and applic•bl¢ law. Our respotL5ibiJities under tIe $tylldard6 sre fiErtber Oe8¢nly&J iti the Auditors. reqnSIbilitieS for th¢ audst of th¢ finsncial 5t8tements J¢ctirn of our ¥¢prt W¢ are ifyJ¢pNtht of the ChItthe in a¢C0th with th¢ ethical requtrera¢Dts that aTe televati¢ our wdii of the fmallcj tsterneD in the UK in¢ludin8 th¢ FRCS Ethical St8nd•rd, •nd w¢ hav¢ fvlfilkd our othw cthi¢] re4rAIbl1iticI ID accordat)c¢ with the8e rtquiremeots. W¢ b¢li¢v¢ th&t the audit ¢viderv we ht tsined alth¢1 a1 •pw)prn mide a isis ftr our opiniL. CoThclu•loN relatlDg to go1 ¢oncern In auditing the firwici81 statements. we have Lxwhthl thgt of th¢Boill8 ¢¥)nc¢m bmi8 of actounting in BOS on the v40rk we h8v¢ webave not identified aDy Tnatuial Tela¢in8 to ¢V¢Dty or¢oDdition8 thal individually or lleCtIvely, may (rt ilfilt &Jubt on the charttsbl¢ ability to ¢onumie 41 • 8011)8 CQDcern for a perioa of ai leut twElve fiorn whtD the financial ststements ue for ' tionsof this teprt er IDfornigth) Th¢ tyu8te¢$ are rewott6bi ie the othu inform. The other infonnBtioD MPriS¢¥ th¢ lnftrnltsn i]lld in th¢ ADttual Repo¢ other the fitwKial •nd rjw R4 of the IIthFt AudStoTh ther. explicitfy st8t¢d in crttr we &) not fonn of¥suTrcOncIUiQO thuu)D. In connection with our audtt of th¢ fitt181 wibility 18 ty Y¢Ad th¢ infonwi(xt an4 in doiD8 Bo. con8id¢r whether the other Infom is maierially I(]91$[c with fiD¥i81 staI¢M or our kThowleAgc obtained in the audit or oth¢rwi* •ppears b¢ mi8Stste4t If we ida)tify suth matttiai inconsi8lencs or fin8n¢ial ststements th•Dselves. If, bed on thr we h•ve Perfo we 11¢ tht thcre ig a ter1 missLIt¢ of thiioth¢r inforn¥tiw. weare t4ured torq that f¥t We bave nbS to Tqjttt inthis re8aT Oplxlons on other llblttern prewlbed by th¢ C0wp Act 21)06 . the infornlOn giv¢n ID the Ryrt of th¢ Truste¢8 f(r th¢ Y foT the rMan¢i 8T¢ pTCP•r L5 wnsislait wrth thc fjll•tri41 $tsteftnuJty aj)J
ENf AUDTfoRS TO T TRU CREEN Matter5 on whlcb Iv¢ 8Te Tequlred ts yert by exeepdts Aw)UDts IS¢otiRttd) Regulations 20(6 las atn¢thtsl) requitrsijs ¢0 I¢[ to if. in ow0p1]ffl. from br&ncbes not visited by w or . certain dilosures of trusa' remu¢wation spccifjryj by law are not mwjc: or we have notreceivtyl 411 the iDfonnthon ¢xpianatiODS we requi f0r0urdltr. Strate8ic Ryrtor inpr¢parip8 the Rty ofth¢ Tn]t Ruponilbllltlrf of tnuteel A5 ¢xplain¢d mort fully in th¢ ststry of Re4yonsibilib4 thetswtea •r¢ re¥Fnibk forth¢ prwution of the finartei st8i¢ffmts Ind for satssfied th¢y give a aod fair view. wjd for internd con¢ToI &4 te¢s deterniin¢ is ll¢ce5sary w ¢nabk th¢ p¢eF•ration of fubAn¢ial att4n¢nts that tre fff¢ froTn material prqyarin8 th¢ fi187 th¢ tru#¢¢s are re4wJnubl¢ frr 4#e6ti8 the Ch11&bI¢ comw& ability lo contknu¢ 08 8 80in8 con¢¢r4 di103. 4ppIiLYbl4 gh)inB md usitt8 the going ¢oncem basis of kceouDting Unl the tru8¢s ¢ithtr iti1 ty hquKkntr the company to cew¢ op¢r8llOD8, or h4V¢ no re4tiffiiC alt¢ru4tye do K. Our Y••pondb1lltl for tbe audlt of tht fill1nd thttnwits Our obje¢tive8 8Te to obwin reaEonhbl¢ asswance wlxthw the firaDcial 4 7knle tT fre¢ fmm ]n&t6rial misst•temui( wh¢thtr due to frnud or error. • Rwt of the Inde•nt Auditors tht inchtde our opiniotl. R¢wnabk i• 4 bigb level of 8x>Jrancc. but is r#X a Suwtee that In audit ¢ondueted in accordBn¢¢ with Iskn (UK) will always dde£t a m•WI rriiiiatwt it ¢xi8ts. Mi88tstements Can 4ri8e from fraud or error Ind c<xJsid¢red ffjathrial if. Individuly or in the IIKY Could nD•b be ¢Xpd to influettc£ th¢ ¢¢¢)nooJic thi8ion8 of u8er5 tskeD on the b13 of these t1mllcl st4tthnaits. Irregularitie8 Iluding 4r¢lrL9tth ofTh)Tt-ccryli8rte with lrn Te8ul•tbn. W¢ woc¢ths Sn lin¢ with our relnSibiliti, OUtlinedeb)v4 to de m•wial miut4tments in r¢sFttt of ttl[ltieS Inc11]ng fraud. Our opprnach to Mffjtifyin8 wd we#in8 the ri of m•trywl mts8tstC4nMtin r¢4pe¢t of rre8uJ8riti4 in¢ludiD8 fr8U LS d¢¢ail¥Jbelow', ow knowledge and experi¢n¢eof the sector, finartCi81 ststements or the (yratiOL8 of Ihe ch1, includkng cbty le8islatim OSCK A88•ttbty Regulations H¢lllth & Wety thd eff19111JVr. . sdthtified laws gnd Tegukntions whicb w¢re ColCled vithkn ts awlit th¢ teKn TrmAlbd alert of maMgement ov¢rrid& In addmin8 th¢ risk of frtyj thTouBh t0Ver1Ede ofcontrol4 we Its the appropn?tene&s ofiournai etiknes and other 8djusttnett whether theialleD18 made ID rnBkitig aKountiog
RT OF THE INDEPEM)EKf AUDTfoKS TO THE TRLisfEES OF REENBLYK PARISH TLAI¥4D Bttause of the inhereni limllations of an audi¢ the 18 arisk thltwe will not dett 811 Jrrt8uJwiti¢4 inGluding those lead2ng to a material misststcment in the fioao¢ial or noDwliaac¢ with wkntiO]L This nsk inere3s¢8 the I)re that ¢omplion¢e with a law or regulation is temoved frotn thc ¢v¢nts 11 tratio118 reflt&l in th¢ financial statetnents. Ès we will be Icss likely to beLX)me awaTe of itrAnce$ of non-cornpb"anLY. The risk is A]$0 grnt¢r regpIllg irregularitie5 OccU1n8 due to fraud rather thatt error, fr41 involve5 intentional cotKealm¢DL fory$ Coll]0 omission miwepresentytio A fittther dc5CriPtIOD of our resportslrtm for th¢ audit of fllIanc] sratetmts És located on the Finawiai Reporting Council's wwv.fro1xg.aJ1til1l1ti Thii Iktyion forn PArt ofow R¢rt of th¢ tnd¢petsd¢nt Audito. Ule of our report This rew is mJe solely kn the clwitable corDpaY's memb¥& as a i¥yty. in accorts)ce with chap 3 of Parf 16 of the C¢)mpanics Act 2006, 8nd to the ¢haritybl¢ ¢omp&nls trustees. a5 a brx1y, in ¥¢ordwe with Regulation 10 of the Charitit8 Accounts IScotiaThd) Regulwton8 2(1)6. ftudit Work h&8 beeo Unde¢ 50 that we Might 8tate lo the charLtable ¢ompany¥ tn¢mbcrs and the tr5ttts those matt¢rn w¢ are required tts Stth to th¢m in sn audit023' report and for other PUIre. To the fidiest exteni pern)1¢ by law. wt &) TLOt xcepl or awtn¢ rwnsibility to anY0r other thao the ¢haritablt company and the chan.tsbk compltys meThb¢r8 • for I1t wort forthis r¢prt OT for the opinions we have fonnaL Martin Greig BA CA IS¢nior SthDJW Auditor) for and on behr of Th0 Barrie & Co LLP Sthtutory Auditor Cbrt¢red A¢¢owitsnts F.li8ible t<> Aei as kn alittr in terms of SectiOD 1212 of the CoDynM A¢¢2(6 Atlinli¢ House la CadoBan Streel Glas8OW G2 6QE 6 Auguit 2026 Page TO
PARI Te FJ1 2024 174047 25.iJ8 1R71J 17Qt•J 9.118 171 1•2.3 2718 1W371 ,6Jl ni.co) 4U1• 184647 JXl.$1Z 4.TST -112.1$3 -131.913 1.074 N•tlncom•1+xthlI 7.712 -1¥0, TOtslfuhd kn4htfanw 72.412 4J.or4 057,485 19 ln
2S.S12 22.420 io 35.571 B*rth Aetsxnt 118,731 21Q,OB1 L•Jxy B8nkknyJi Curr•rtU•blllU 11 Fun Urn•knra•d Fun 19 Tl.000 •3.354 R••trki•J FUTh 19 éOS.171 363.292 T0t•l Fund• t9 i5tar Smth -12-
REENN P 1• -1.W.182 20.en i• 19 .131,167 511 171,745 21Q6b1 -1>
Greenbank Parish Ch Year ended 1 December 2025 Accountin Pollclo8 Introduction The principal accounting pol, whh have been applied consistently in the current and pr8C8ding year in dealing with items which are consider&1 to be material to the aoUnts, are set out below. Basis of pratIOn The accounts have been prepared underthe historical ¢>)stconvontion. rTh)dified to reflect the Inclusion of investments at market value, and in accordan with applicable accounting stsndard$, Accounting and Reporb'ng by Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance wrth the Financial Repotts"ng Standard applicabl8 In the UK and Republ of Ireland (FRS 1021 leffeclNe 1 January 20191, the FinancMI Reporting Standard applicable in the UK and Rewblic of Ireland {FRS 102). the Charibes and Trustee Invesknent IS¢ottandl Act 2005 and the Charities Accounts (Scotland) Regulations 20Q (as am8nd8d). Charfty rreets the definrtion of a publi¢ benefft entity under FRS 102. Golng Concom Tho Trusteè8 consider that there are no mateflal uncertaintw aboul the ablllty of thé charty to continue for the fweseeable future. and therefore has adopted the going concem basis In preparing these financial Slateffonts. Fund Accounllng Funds arn cla$sffied as 86ther re8tricted funds or unrostrthd fvnds, defined as follows. R8strlcted funds are fvnds subject to srecthc ruIrements as to their use which may be declared by the donor or with their authority or created through legal processes. bul sb'll within the widtsr obiects of tha charity. Unrestricted fvnds are expendable at the dracre1) of the trustees in fvrtherance of the objects of the ¢hanty. If parts of the unTrstrthd funds are eamwrked at the discrets'on of the trusle8s for a particular purpose, they may be designated as a separate fund. This deSnation an adminislraliv8 purw58 onty artd dces not alty restrict the truste. d18cretion to appty the fund. Incomlng r••our¢o• Incorro is recognised when the charity has entsUem8nt to the funds, any perfomance conditions attached to the ilemlsl of incon have been met. it 18 probable that the Incor will èe received and the affunt can be measured reliabty. Donatod servlc08 aTrd facllftlos Donated professional seNws and donated facilities are rwnised as Income when the charity ha$ control over the item, any Condrtions asscciated with the donated rtem have been met. the receipt of economic benefft frwn the use by the chanty of the item is probable and that economic benefit can be measured reliabty. In accordance with the chare3 -14-
Greenbank Parlsh Church Year ènded 31 Dmbar 2026 SORP IFRS 102} the general volunteer time of Congregab'on Trpmbefs is not recognised. On receipt, donated profess81 services and donated frdalrt*s are recc9nised on the basis of the value of the grft to the chaTty whtch is the alrn1 the charity would have been willing to pay to obtsin seNices or facilities of equNalent economic tenefft on the open matr. a COe$[)d1ng amCnt is then recognised as expenditure in the pfrric of receipt Int•mt rncelvablo Intsrest on funds hokl on dep)srt is included when rwAivable and theamount can b8 measured reliabty by the charity: this 18 noM)a1 upon notrfKaIn ofthe interest pawj or payable by the Bank. Flxod A88•t• The charity has the nghl to oc¢upy and use rts charita8 objects certain tangib fixed a$$ets, Including the Church and halls, vested in the Church of Scoland General Trustees. No consideration 18 payable ft)r the use of thes& assets. Expandire incurrwj on the repair and maintenance of thesè assets is charged as resources expended in the Statewent ol Financial Activltles in th8 period In which the liabllity ari$es, In line with Church Regulations. During the year the chadty expended 8 total of £1,987m on a new annexe. the tide to which 15 Vested in the General Trustees. Crltkal Judg•m•nts and vtlm•ts• The tru8te88 have ch(wn to expense the costs of the nèw annexo under nstrUctrOn at the year ènd. This is because th8 annex¢ is vested in the Church of Scotland General Trustee$ and the ¢ongregatson Is not able to sell this independently, with any diswsal prc¢8•J$ on this annexe belonging to the General Trustees and not the congregation. Invo8tmonl• Fixed asset investments are stated at market valu8 at the balanc• sheet date. Unrealised gains and losses represent the d¢fference between market value at the beginning and end of the financial year or, If purchased in the year, the djffefynce btheen ¢osl and market value at the end of the year. Realised gains and kJ$ses repent the difference befv the proceeds on disposal and the market value at the start of the year or cost rf purchased in the year. Tax•tlon Greenbank Parish Church is recogniwj as a charity for the purrM)ses of applicable taxation legislatlon and is therefore not subj'ect to taXatn on its charitable activlties. The charity is not regtered for VAT and soUrceS expended therefore include irrecoverable input VAT.
irt Ir40 114ftlS 110245 l)&792 136.7 11.125 Ico $16 i.In¥••*Mrdthoom• In T<411 1•1
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QREEIIBANIt p Iorrnin 28.1 TL Adnynw •L¢•qu•M Ydmlwx£3•.661. 16. Colh¢kn P•rl•• Ao• Cone M*•k CroiiroKh Kwend•r4na Ernkln• PIogF4 179 2J3 447 17. V•lyni••r•
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51 EXPtNOANE