_Scottish Charity Number: SC012292_ 

## **St Aidan’s Scottish Episcopal Church** 

Report and Financial Statements for the year ended 30 September 2025 



**St Aidan’s Scottish Episcopal Church** 

## **Report and Financial Statements for the year ended 30 September 2025** 

||Pages|
|---|---|
|Reference and Administrative Information|1|
|Report of the Trustees|2 - 5|
|Independent Examiner’s Report|6|
|Statement of Financial Activities|7|
|Balance Sheet|8|
|Notes to the Financial Statements|9 - 14|





**St Aidan's Scottish Episcopal Church Reference and Administrative Information for the year ended 30 September 2025** 

## **Trustees** 

Rev. Alison Mathew Rector, Chairperson Mrs Susan Leslie, PVG and Safeguarding Mrs Rosemary Pearce, Alternate Lay Representative, elected annually Mrs Rachael Samuel, Secretary and People’s Warden Mr Gibson Morton, Lay Representative, elected annually Mrs Rona McKerrell Mr Peter Martin - Treasurer 

Rector’s Warden – position vacant 

## **Contact address:** 

St Aidan’s Episcopal Church Mearns Road Clarkston Glasgow G76 7ER 

## **Scottish charity number:** SC012292 

## **Independent examiner:** 

William Vernall BA CA Azets Audit Services Chartered Accountants Titanium 1 King’s Inch Place Renfrew Glasgow PA4 8WF 

## **Bankers:** 

Bank of Scotland 244 Ayr Road Newton Mearns Glasgow G77 6AA 

1 



## **St Aidan’s Scottish Episcopal Church** 

## **Report of the Trustees for the year ended 30 September 2025** 

The Trustees present their annual report and financial statements for the charity for the year ended 30 September 2025. 

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s Constitution, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended), and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland published on 16 July 2014. 

The legal and administrative information on page one form part of this report. 

## **Objectives and activities** 

St Aidan’s Scottish Episcopal Church is established exclusively for charitable purposes, primarily for the advancement of religion and to provide public benefit. The Church’s principal activity is public worship and prayer, the spiritual nurture and pastoral care of its members and others who seek its ministry and fellowship. Christian education, charitable work and fund-raising for local, national and international needs are important in the life of the congregation, as are social events and provision for local community groups of all ages and interests. 

## **A review of our achievements and performance** 

Following the retirement of the Revd Canon Nicholas Taylor, Rev Alison Mathew was appointed Rector of the newly linked charges of St. Aidan’s and St. Oswald’s, King’s Park. The Bishop invited both charges to become linked as part of a new way of working which includes St. Margaret’s, Newlands, with the three charges forming St. Margaret’s Minster. The aim of the Minster is the development of a closer working relationship and the provision of support for each other in mission and Ministry. 

Revd Alison was instituted on February the 12[th] 2026. 

Since her appointment we have been working on the following: 

- Taking the initial steps of working more closely with both St. Oswald’s & St. Margaret’s. This is very much in the early stages. Rev Alison takes services at St. Aidan’s and St. Oswald’s alternately, and other Sundays are supported by St. Margaret’s clergy and other clergy as required. Both Revd Alison and Revd Gordon Fyfe from St. Margaret’s meet regularly and joint vestry days have taken place and are planned for the future. 

- We are beginning to broaden the scope of our outward facing activities – _Messy Church_ is planned for 12[th] of September 2026 and a new outreach group _Sewing Seeds,_ has commenced (knitting / crochet and sewing) and is attracting a number of people who are regulars at St. Aidan’s and others who have never been through the door of the church. 

- Coffee mornings continue as planned at regular intervals throughout the year. 

- Revd Alison is working at developing links with the Tots group who use the halls. 

- Sunday School continues to meet monthly. 

- The Bishop has asked us to accommodate an ordinand, Dominique Pope, on contextual placement with all three charges in the Minster. Dominique will work 20 hours a week across the charges as part of her training and will start in September 2026. The placement is for the full three years of her training. 

- Pastoral care and simply getting to know the current congregation has been a key part of Alison’s role since her arrival. 

The hope is that other activities, both discipleship and outreach, will gradually grow. 

2 



## **St Aidan’s Scottish Episcopal Church** 

## **Report of the Trustees for the year ended 30 September 2025** 

## **Financial Review** 

The total income from all sources for the year was £74,630 (2024: £88,771). 

The principal source of income comes from Free Will Offerings, Open Plate donations and Gift Aid tax recoveries, which totalled £26,758. The equivalent figure for 2024 was £37,166. The income from offerings was £22,500 compared with £24,782 for 2024. The hall income was £29,306 compared with £27,487 in 2024. 

Expenditure in the year was £71,398 (2024: £81,113). 

## **Risk management** 

The Trustees are fully aware of the necessity to identify and take steps to mitigate so far as may be possible any risks which may face the Congregation from time to time. As at the date of this Report, the following are considered to be the principal risks which require to be monitored: 

## Property related risks 

The Trustees continue to monitor the condition of the church buildings and the Rectory and to fulfil the recommendations of the Quinquennial Inspection. 

The Trustees appreciate the diligence of the Property Convener in monitoring and addressing the property related risks. 

## Funding risks 

The day-to-day costs of the church have been met from congregational offerings, from fundraising activities and from hall letting donations. This year income exceeded expenditure by £3,889.  Nearly all of our expenditures are fixed amounts (stipend, council tax, quota, insurance) over which we have no control. 

## **Reserves policy** 

The minimum desired reserves would be approximately £15,000, which represents day-to-day running expenses for about three months. General reserves at 30 September 2025 were £15,954 (2024: £12,343). The Diocese has allowed for a reserve of c£60,000 for property issues, deducted from the sale proceeds of the Rectory at 8 Golf Road. A new Rectory was purchased in conjunction with St Oswalds at a lower cost. 

3 



## **St Aidan’s Scottish Episcopal Church** 

## **Report of the Trustees for the year ended 30 September 2025** 

## **Structure, governance and management** 

St Aidan’s Scottish Episcopal Church is a registered Scottish charity (SC012292).  It is part of the Episcopal Diocese of Glasgow & Galloway of the Scottish Episcopal Church, and is governed by the Vestry. 

## Governing Document 

The Church is administered in accordance with the Constitution. 

## Recruitment and Appointment of Trustees 

The members of the Vestry are the charity trustees. 

All members of the Vestry are selected from the constituent members of the Congregation. The appointment of the Rector rests with the Bishop and the Vestry, being the Patrons. 

The appointment of the Rector’s Warden is in the gift of the Rector. The People’s Warden is elected annually by the Congregation. The Vestry appoints the Secretary, Treasurer and Free Will Offering Convener. 

In addition to the Rector, the Rector’s Warden, the People’s Warden, the Lay Representative and the Alternate Lay Representative, the constitution provides for the election by the congregation of six constituent voting members. Vestry members are elected for three years at the Annual General Meeting of the congregation, established by constitution and under the Canons of the Scottish Episcopal Church. 

## Organisational Structure 

The temporal affairs and the general management and control of St Aidan’s Scottish Episcopal Church is under the management of the Vestry, which has responsibility to keep the fabric and properties of the Church in good order and to look after the finances in a proper and corporately established manner. 

## **Trustees’ responsibilities in relation to the financial statements** 

The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with the applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 

The law applicable to charities in Scotland requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources, of the charity for that period. In preparing these financial statements, the members are required to: 

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles in the applicable Charities SORP; 

- make judgements and estimates that are reasonable and prudent; 

- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; 

- prepare financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. 

4 



St Aidan's Scottish Episcopal Church
Report of the Trusts for the year ended 30 September 2025
Trustees, res￿nSibIlitieS in relxtioD to the fiD*ne1￿ stst¢ftnetyts (¢oDt'd)
The trustees are reS￿nSIble for keeping proper accounting recoTds that disclose with reasonable accuracy at
any time the financlal wsition of the charity and which enable them to ensure that the fiTwicial statements
comply with the Cbarities and Tr￿ Investment (Scotland) Act 2005 and the Charities Accounts
(Scotland) Regulations 21X)6 (&s amerKI￿). and provisio￿8 of the charities constitution. They are also
responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and
detection of fraud and other itregularities.
The trt￿tees are Tesponsible for the rnaint￿ and integrity of the clwity and financial inforniation
included in the chartty's website. Legislation in the United Kingdom governing the ￿eparation and
dissemtnation of financial statements may differ from lewlation ill other jurisdi¢tions.
Approved by the ￿$te¢S and signed on their behalf by.
P Martin
Treasu￿r
ckn

## **St Aidan's Scottish Episcopal Church** 

## **Report of the Independent Examiner to the Members of St Aidan’s Scottish Episcopal Church for the year ended 30 September 2025** 

I report on the accounts of the charity for the year ended 30 September 2025 which are set out on pages 7 to 14. 

## **Respective responsibilities of trustees and examiner** 

The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006.   The charity’s trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the Accounts Regulations 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 any 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 audit 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 

1. 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 

   - to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts regulations 

have not been met, or 

2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 


William Vernall BA CA The Institute of Chartered Accountants of Scotland 

Azets Audit Services Chartered Accountants Titanium 1 King’s Inch Place Renfrew Glasgow PA4 8WF 

Date: 2/9/26 

6 



## **St Aidan's Scottish Episcopal Church Statement of Financial Activities** 

## **Year ended 30 September 2025** 

|**Note**<br>**Income and endowments from:**<br>Donations and legacies<br>**6**<br>Charitable activities<br>**7**<br>Other trading activities<br>**8**<br>Investments<br>**9**<br>Other income<br>**10**<br>**Total income**<br>**Expenditure on:**<br>**11**<br>Charitable activities<br>**Total expenditure**<br>Net gains/(losses) on investments<br>**13**<br>**Net (expenditure)/income**<br>Transfers between funds<br>**Net movement in funds**<br>Total Funds brought forward<br>**Total funds carried forward**|**Unrestricted**<br>**Funds**<br>**2025**<br>**£**<br>26,758<br>2,087<br>29,306<br>586<br>15,893<br>74,630<br>71,398<br>71,398<br>379<br>3,611<br>-<br>3,611<br>12,343<br>15,954|**Restricted**<br>**Funds**<br>**2025**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>7,255<br>7,255|**Endowment**<br>**Funds**<br>**2025**<br>**£**<br>-<br>-<br>278<br>278<br>-<br>278<br>4,117<br>4,395|**Total**<br>**Funds**<br>**2025**<br>**£**<br>26,758<br>2,087<br>29,306<br>586<br>15,893<br>74,630<br>71,398<br>71,398<br>657<br>3,889<br>-<br>3,889<br>23,715<br>27,604|**Total**<br>**Funds**<br>**2024**<br>**£**<br>37,166<br>4,384<br>27,487<br>584<br>19,150<br>88,771<br>81,113<br>81,113<br>559<br>8,217<br>-<br>8,217<br>15,498<br>23,715|
|---|---|---|---|---|---|



The Statement of Financial Activities includes all gains and losses recognised in the year. 

All income and expenditure derive from continuing activities. 

The notes on pages 9 to 14 form part of these financial statements. 

7 



St Aidan's Scottish E
isco
al Church
Balance Sheet as at 30 September 2025
2025
Fsxed assets:
Irtvestments
Totsl Flxed Assets
13
10229
10229
9.572
9A72
Cnrr¢D¢ asset&.
DebtQTS
Cash at battk artd in hal
Totsl Current Asyts
14
8.653
11.569
20222
5.051
35.640
40ffj91
ii#bilitie$
Creditors filling thie wÉthi"n one
15
1847
26.548
Net Current A88
17J75
1{143
27ffj04
23,715
Tbe funds of tht ¢b*rlty
EndoThrnent fuTr¢ts
R¢stricted income fithds
Unrestrtctrd fi]Dds
17
17
17
4395
7255
15954
4.117
7.255
12.343
27
23.715
Approved by the Th￿¢¢
P Martin
not&5 on pagts 9 to 14 form p8rt ofthe5e fiDaDcial si#tern￿ts.

## **St Aidan's Scottish Episcopal Church Notes to the Financial Statements for the year ended 30 September 2025** 

## **1. Accounting Policies** 

The principal accounting policies, which have been applied consistently in the current and preceding year in dealing with items which are considered material to the accounts, are set out below. 

## **Basis of preparation of financial statements** 

The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) issued on 16 July 2014, the Charities and Trustees Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). 

The Charity constitutes a public benefit entity as defined by FRS 102. 

The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern. 

## **Funds accounting** 

Funds are classified as either restricted or unrestricted funds, defined as follows: 

Unrestricted funds are expendable at the discretion of the trustees in furtherance of the objects of the charity. If parts of the unrestricted funds are earmarked at the discretion of the trustees for a particular purpose, they are designated as a separate fund. This designation has an administrative purpose only and does not legally restrict the trustees' discretion to apply the fund. 

Restricted funds are funds subject to specific requirements as to their use which may be declared by the donor or with their authority or created through legal processes, but still within the wider objects of the charity. 

Endowment funds are funds that have been given on the condition that the original capital sum is not reduced, but the income therefrom is used for the purpose defined in accordance with the objects of the charity. 

## **Incoming resources** 

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably. 

## **Donated services and facilities** 

Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS102) the general volunteer time of congregation members is not recognised. 

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised as expenditure in the period of receipt. 

## **Interest receivable** 

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank. 

9 



## **St Aidan's Scottish Episcopal Church Notes to the Financial Statements for the year ended 30 September 2025** 

## **1. Accounting Policies (continued)** 

## **Fixed Assets** 

The charity church, halls and rectory, vested in a separate body of trustees. No consideration is payable for the use of these assets. Expenditure incurred on the repair and maintenance of these assets is charged as resources expended in the Statement of Financial Activities in the period in which the liability arises. 

## **Investments** 

Fixed asset investments are stated at market value at the balance sheet date. Unrealised gains and losses represent the difference between the market value at the beginning and end of the financial year or, if purchased in the year, the difference between cost and market value at the end of the year. Realised gains and losses represent the difference between the proceeds on disposal and the market value at the start of the year or cost if purchased in the year. 

## **Taxation** 

St Aidan's Church is recognised as a charity for the purposes of applicable taxation legislation and is therefore not subject to taxation on its charitable activities.  The charity is not registered for VAT  and resources expended therefore include irrecoverable input VAT. 

## **2. Legal status of the charity** 

The charity is a registered Scottish charity. 

## **3. Trustee remuneration and related party transactions** 

During the year 1 trustee (2024: 1) received reimbursement of expenses totalling £1,577 (2024: £2,242). The Rector, Rev Dr Nicholas H Taylor, received remuneration of £33,986 (2024: £32,391) during the year. 

Pension contributions of £8,316 (2024: £10,430) were made to the SEC Pension Fund in respect of the Rector during the year. 

The trustees gave donations in total of £4,020 (2024: £4,440) to the charity during the year. No restrictions were imposed on these donations. 

Trustees were entitled to make offerings at church services, however records have not been kept of any such cash offerings made. 

## **4. Volunteers** 

In common with all congregations in the Scottish Episcopal Church the congregation benefits from the contributions made by volunteers who give their time and talents for the benefit of the Church. The areas of congregational life which rely on the contribution of volunteers are many and varied and much of the activity would be unable to continue were it not for the commitment shown. 

The viability of the congregation will always be dependent on the dedication of our members, both in regular giving and in fundraising activities. The latter have been quite successful, but the cost to those who organise and cater for these events is not to be underestimated. Immense amounts of time and skill have been dedicated, and this is much appreciated. 

10 



**St Aidan's Scottish Episcopal Church Notes to the Financial Statements for the year ended 30 September 2025** 

## **5. Comparative Statement of Financial Activities (Year to 30 September 2024)** 

|**Unrestricted**<br>**Funds**<br>**Income and endowments from:**<br>**£**<br>Donations and legacies<br>37,166<br>Charitable activities<br>4,384<br>Other trading activities<br>27,487<br>Investments<br>584<br>Other income<br>7,000<br>**Total income**<br>76,621<br>**Expenditure on:**<br>Charitable activities<br>76,180<br>**Total expenditure**<br>76,180<br>Net gains/(losses) on investments<br>319<br>**Net (expenditure)/income**<br>760<br>Transfers between funds<br>-<br>**Net movement in funds**<br>760<br>Total funds brought forward<br>11,583<br>**Total funds carried forward**<br>12,343<br>**Unrestricted**<br>**Funds**<br>**2025**<br>**£**<br>**6.**<br>**Income from donations and legacies**<br>Offerings<br>22,500<br>Tax recovered on Gift Aid<br>3,602<br>Other voluntary income<br>656<br>Legacies<br>-<br>Donations in kind<br>-<br>26,758<br>**7.**<br>**Income from charitable activities**<br>Weddings and funerals<br>-<br>Centenary Lunch & Books<br>-<br>Coffee mornings etc<br>2,087<br>2,087<br>**8.**<br>**Income from other trading activities**<br>Rent received<br>29,306<br>**9.**<br>**Investment income**<br>Dividends received<br>586<br>**10.**<br>**Other Income**<br>Ministry Support Grant<br>2,564<br>Stipend Grants<br>-<br>Diocesan Advance<br>-<br>Booklet Grant<br>-<br>Insurance claim<br>13,237<br>Other<br>92<br>15,893|**Restricted**<br>**Funds**<br>**£**<br>-<br>-<br>-<br>-<br>12,150<br>12,150<br>4,933<br>4,933<br>7,217<br>-<br>7,217<br>38<br>7,255<br>**Restricted**<br>**Funds**<br>**2025**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|**Endowment**<br>**Funds**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>240<br>240<br>-<br>240<br>3,877<br>4,117<br>**Endowment**<br>**Funds**<br>**2025**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|**Total**<br>**Funds**<br>**£**<br>37,166<br>4,384<br>27,487<br>584<br>19,150<br>88,771<br>81,113<br>81,113<br>559<br>8,217<br>-<br>8,217<br>15,498<br>23,715<br>**Total**<br>**Funds**<br>**2025**<br>**£**<br>22,500<br>3,602<br>656<br>-<br>-<br>26,758<br>-<br>-<br>2,087<br>2,087<br>29,306<br>586<br>2,564<br>-<br>-<br>-<br>13,237<br>92<br>15,893|**Total**<br>**Funds**<br>**2024**<br>**£**<br>24,782<br>3,804<br>-<br>8,000<br>580<br>37,166<br>1,350<br>807<br>2,227<br>4,384<br>27,487<br>584<br>7,000<br>1,650<br>10,000<br>500<br>-<br>-<br>19,150|
|---|---|---|---|---|



11 



## **St Aidan's Scottish Episcopal Church Notes to the Financial Statements for the year ended 30 September 2025** 

|**Unrestricted**<br>**Funds**<br>**2025**<br>**£**<br>**11 Analysis of expenditure**<br>**Charitable activities**<br>Stipend<br>33,986<br>Pension fund payments<br>8,316<br>Rector's expenses<br>2,927<br>Pulpit supply<br>184<br>Diocesan quota<br>-<br>Other salary costs<br>3,130<br>Fabric repairs and maintenance<br>2,357<br>Council tax<br>4,416<br>Other building costs<br>12,859<br>Adminstration expenses<br>402<br>Centenary Lunch<br>-<br>Organ, copyright and music<br>320<br>Other expenses<br>2,501<br>**Total**<br>71,398|**Restricted Endowment**<br>**Funds**<br>**Funds**<br>**2025**<br>**2025**<br>**£**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|**Total**<br>**2025**<br>**£**<br>33,986<br>8,316<br>2,927<br>184<br>-<br>3,130<br>2,357<br>4,416<br>12,859<br>402<br>-<br>320<br>2,501<br>71,398|**Total**<br>**2024**<br>**£**|
|---|---|---|---|
||||32,391<br>10,430<br>2,242<br>390<br>4,644<br>3,280<br>5,607<br>3,061<br>12,451<br>4,088<br>630<br>372<br>1,527|
||||81,113|



|**12 Staff costs and numbers**<br>Salaries<br>The average number of employees during the year was as follows:<br>Clergy|**2025**<br>**£**<br>37,116<br>37,116<br>**2025**<br>**Number**<br>1<br>1|**2024**<br>**£**<br>35,671<br>35,671<br>**2024**<br>**Number**<br>1<br>1|
|---|---|---|



No employee has employee benefits in excess of £60,000 (2024: nil) 

12 



**St Aidan's Scottish Episcopal Church Notes to the Financial Statements for the year ended 30 September 2025** 

## **13 Fixed Asset Investments** 

|Market value at 30 September 2024<br>Acquisitions at cost<br>Disposals at opening market value<br>Net gain/(loss) on revaluation at 30 September 2025<br>The following investments are held:<br>M&G Charifund units:<br>Oct-24 General fund<br>Endowment fund<br>Sep-25 General fund<br>Endowment fund<br>Price on 30th Sept 2025: £16.23<br>**14 Debtors**<br>Gift Aid tax refunds due<br>All amounts are due within one year.<br>**15 Creditors: amounts falling due within one year**<br>**Amounts falling due within one year**<br>Accruals<br>Sundry Creditor<br>PAYE/NIC<br>**16 Analysis of Net Assets Among Funds**<br>Fixed Asset Investments<br>Current Assets<br>Liabilities|**Unrestricted**<br>**Funds**<br>**£**<br>5,834<br>12,967<br>(2,847)<br>15,954|359<br>271<br>630<br>359<br>271<br>630<br>**Restricted**<br>**Funds**<br>**£**<br>-<br>7,255<br>-<br>7,255|**2025**<br>**£**<br>9,572<br>-<br>-<br>657<br>10,229<br>5,454<br>4,118<br>9,572<br>5,832<br>4,397<br>10,229<br>**2025**<br>**£**<br>8,653<br>8,653<br>**2025**<br>**£**<br>2,189<br>-<br>659<br>2,848<br>**Endowment**<br>**Funds**<br>**£**<br>4,395<br>-<br>-<br>4,395|**2024**<br>**£**<br>9,013<br>-<br>-<br>559<br>9,572<br>**2024**<br>**£**<br>5,051<br>5,051<br>**2024**<br>**£**<br>1,557<br>24,363<br>628<br>26,548<br>**Total**<br>**£**<br>10,229<br>20,222<br>(2,847)<br>27,604|
|---|---|---|---|---|



13 



**St Aidan's Scottish Episcopal Church Notes to the Financial Statements for the year ended 30 September 2025** 

## **17. Movement in Funds** 

|**Unrestricted Funds**<br>General Fund<br>**Total Unrestricted Funds**<br>**Restricted Funds**<br>Endowment Funds<br>Flower Fund for garden<br>Diocesan Advance<br>**Total Restricted Funds**<br>**Total Funds**|**Balance at**<br>**Incoming Resources**<br>**Investment Balance at**<br>**01/10/2024**<br>**Resources Expended Transfers**<br>**Gains**<br>**30/09/2025**<br>£<br>£<br>£<br>£<br>£<br>£<br>12,343<br>74,630<br>(71,398)<br>-<br>379<br>15,954<br>12,343<br>74,630<br>(71,398)<br>-<br>379<br>15,954<br>**Balance at**<br>**Incoming Resources**<br>**Investment Balance at**<br>**01/10/2024**<br>**Resources Expended Transfers**<br>**Gains**<br>**30/09/2025**<br>£<br>£<br>£<br>£<br>£<br>£<br>4,117<br>-<br>-<br>-<br>278<br>4,395<br>38<br>-<br>-<br>-<br>-<br>38<br>7,217<br>-<br>-<br>-<br>-<br>7,217<br>11,372<br>-<br>-<br>-<br>278<br>11,650<br>**23,715**<br>**74,630**<br>**(71,398)**<br>**-**<br>**657**<br>**27,604**|
|---|---|



The various funds are held for the following purposes: 

## **Unrestricted Funds** 

General fund - to support the work of the Church. 

## **Endowment Fund** 

Frank Fox - capital to be retained and income to be used for general purposes. 

## **Restricted Funds** 

Flower Fund for garden - The Flower Fund donated £150 in 2016-17 to pay for expenses related to the upkeep of St Aidan's garden. 

Diocesan Advance - The Rectory is in the process of being sold and the proceeds will revert to the Diocese to be held until a new property is purchased. The Diocese has advanced £10K to cover various costs regarding the removal from the Rectory and this will be deducted from the eventual proceeds. 

## **18. Collections for Third Parties** 

|Bishops Lent Appeal|**2025**<br>**£**<br>50<br>50|**2024**<br>**£**<br>129<br>129|
|---|---|---|



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