RT FTHE VINAN CKP At]•JLtic Howe la Cadogan Stree¢ Gl388ow G2 6QE
K PARISH NTEN Report tsfth¢ Trulte Indedellt Ex8mlner'i Report N• to the n#tl St•tèm¢thts 9 w 20 D•tslled StAtemont of A<tlvill 21 to 22
NEW KILPA PA ORT The trustees preserti their rel with the fjnallciAlstatements of the for the ye4r cnded 31 Ik¢¢mber 2025. Th¢ In]St¢ bav¢ adopted the proYisioD8 of Accounting alld Rtpottiii8 by C11tiCS'. Stat¢ment of Rccommgnded Practice appLicable to ¢barities prq)arKng their accouot8 in accordce with the Fittattcial Rep(Kting Stsodard applicabl¢ iti th¢ UK alld Rcpublic of Ircland IFRS 102) (cffective l January 2019). ObjeC1fv alml The ChUh of Scotland 16 Trinitsrian ID d(trine. RefoThned in tradition aDd Presbylerian ID polity. It ¢xists to glority God and to WOTk for the •dvaTwment of ChTisVs K8dotll througbout thc worl(L As a ttatiot)a] church, li acknowlryJge8 a distinctive call and duty to bring the 0rdmatt of religionto the pw1¢ every pari5b of ScodaDd througb & territorial ministy. Itcoop¢ratrS with other churchcs m vtirious uMeDICAl brylics in ScodRnd And t¢yond Durin8 2025. we continued to 5cdt ¢0 me¢t th¢$e obieetive5 iti ¢)ur owo PATish and in thc larger community whith 1$ B¢ar8den. We bave hcld joint services with Beorsden crC Cburch Hnd with All Saints. Episcopal Chwch. Wc h&ve conducted Wolp re8u]arly in Iwo IocAi Care Homcs. ll1 bectt a¢tsv¢ in school cb8plain¢y. We havc 5UCC¢88fvIIy hosted events llÉmed at under 58 and thcir ¢arer3, and we have re.iDtrtyJu¢ed our weckly youth 8roup meetin88. We tinue to offer a weekly online WOT8hLP SCIVL¢e. and our midw¢¢k seThrycc followed by ¢offee c&ke 8nd chat conttnues to br Fwl&r with up to 50 atteJth¢8. Our Community Turn have maiDtsinedthcir"Ke¢ping in Tou¢b" Fffojed first ititroduced the COVID lockdovm iti which three tim¢6 a & 8tllail batthwde LS deliv¢red w our older membern attd ]ivin8 in C&r¢ Home4 olld Sbcltcrcd Housin& wbich rewcht5 ovtr 600 indimduals, rcminding the thdt the cburch cAr¢s about them. Thi8 Team ba8 A]60 taken on thc ¢bAllellge of makiD¥ US lo 'E¢LhCon8re8ation' aud adoptrd a Dow projccl ill conjunction witb So]ar Aid. We continue support Si Gro8OTls Foodbank. and tbi& year a180 8upponed G15 Youth Project in DrutnchaI witb xifrJ for LThri51m&¥ for the yOUDg pcople attcnditi8 the Proje¢t. tn addition to dODl06 in kind. ¥nd a nutnberof voltecT4 the coftgregAtion donated a iothl of £9,412 to St (TreBOry'S from don4ti0n6 for ¢off¢e after 8crviees Dd at "Coffee Pot. on a Friday rllorniD& Don&tioDS at Chri8tULa8 totalled £4,725 And wcre dividrd equally between GI8¢W City ML8SLon, G61A]62 Swort Group, The Way Abead Group Beusdcn, Chwch Howe Brid8¢Wn d G15 Youth ProjecL Faith TcBTn havr continued to ch&llcnge us think more dttpty about our faith Bnd how tha¢ translates to action. Having sucfUllY cottclud¢d the sale of our Old Halls the Campu8 T¢arn ts ttow looking at reP¢]t of the beat8 in thr Sancruary and how we mi8bt mwove th¢New Hwjls acconutio to bettcr meetow n¢¢ds bi(W. The A85embly of the Cburcb at its 2025 tneeting arnellded the Prcsbyty Mi98iOD Plan Act to T4uire Con881109 0p1 a rolling five year pla Bad th¢ Kirk Seasiots has drAft¢d our rcsP0tt4¢ 18 PTeBentiy with Clyde Pr¢sbytery for th¢ir ¢valu8ti0 comrnen( and support before bein8 finally approv by KiTk Se88ion. ACIIIEVEMENTS AI¥D PERFORMANCE CharItsble acth4tlei Thts yw w¢ hav¢ acbieved a llumber of creative engagemen with the COiDllWDity, especially with youllg toddler5 and their pmts. From ddy bc*s picnics to Rudolph partic5, wc have brought tO8ethcr a teatt) of people to help eD8•8¢ with this a8e.8toup. So successfijl has li that w¢ hav¢ bad to move pmts and tLKh4iots itito th¢ main ball on a Weth)esday a8 ther¢ is Do ¢Aber space lar8e Ou8h. We hive also incrca5cd our ent with Earfy Years Centre, Mosshcad Prin)ary School and Junior High Sthx)l of Glasgow wrth spe¢ial 6erviccs in church and sbanD8 prOJts. we¢ially workiDg with Mossb¢ad's Fairtrad¢ and Eco nmittees. However, that wider outreach bas included adults too, workin8 thB8ide Glasgow Prtsbyty b]aDket project we had ateam of folk knitting Bquarcs whirb beell madc into numcrou5 biallkets for others in locBI aTC& Locdly as w¢ll w¢ have focu88ed on dmenti4 tDgwig with Alzheimerfs Awar¢nes5 Day, inviiingmany suppwt groups and digtlitaties to a special eveni in¢lding ser%rycc aftern t¢a rEcogoisiDg tbe wotk th¢y do aDd how we wi8b to support through our own groups that catcr for thos¢ with som¢ degrce of rnemDry1086. Pag¢ I
NEW K PARISH TRUSTEES We bav¢ also srowo a pattcm of the Sutsdays where we invite local folk wbo work in the communityto tell w alxjul thw"r projccts and rn8a8e SPiIiDJa]ly. This h&8 taken to Drumchapel G15 Youth Proje¢L Maryhill Breakf46¢ Chth. Gts8gow CityMi68iOD atd ¢ho8e who visit wisotk4s. Beyond our OWD shore4 we 8tartEd workit)g in pattll¢rship with Solar Aid wryth o newly se¢.up cotwegatio481 t¢&m to Ic&d us in this, iDfoTmiugand educ&inB u8 as well Tsising fimds aud awgmes8. We baye a]so worked on our ovrn 8ociaJ lifc, to briti8 thc congregatioD closer together. We ereatcd a 8oci41 1ce who b&s awy offered qwz ni8bt6, 6iJg-8-lon85, familywaS attd Sowd of Music celebratiOD8 snd other creative w4yS we h&ve been &bl¢ to link wple together find a saf¢pla¢e atyj cornmon 8round in the life of the thurch. To that eDd we I¢ Pmered CainLg Parisb Churth in 8b4ring Thinking Allowe4L a re8th pattern of Spekn on rno 8piribJaVthcoloBical thane8 that toke u8much dewirAto whatwc believe and how w¢mi8ht respond the world today. That resporjse w&$ Also ptical, and we offcred a wig1 letnembre event involiryng thoirn and pwyiiB from Ic 15, 08 with inteTWVS Atsd muJiciao8 wbicb brwshtus to8¢th¢r OD thiB ev¢nt. Over Cbristtllas we offered gn outd£ Datimty, working with AU Saitits Episcop cburth to retcll the story of the ttIVIty outside and BrouDd the church hospith]ity inside ld carol siD8ll. We Shed ow carol svYi¢¢ and Watcblli8hL 8¢rvi¢e with All Sdillt$ as well a8 BedTsd¢n Crogs Pari8h chw¢h. Al¢Mg with rgen ¢v¢nings irt the church orB8lliKd by our Heritage F¢mun (or the communty. a 8tLrdent wbo has been in bis fJrBt yw of trairtiD& the reit)v¢Dtion of¢)ur 9.30 s¢rvice ID the and special fuud.rai81ts8 octivitieb fJom fillm8red go¢ks to a mile of ltiN havc toppl a bu8y Ye fijll of crtAtivity, community enga8emcni and 8rowing fait Fll¥ANCtAL REEw FknAnt1 p0dort Don8doDs and Lelad Offerings at £229,891 f¢)nn the larye8t aowrr of Voluntary JJJcoJne. The split 18 86 follow - Gift Aid donatious £196,834 - Otber off¢rillgs and dollatioD8 £33,057 We knld a R¢view of GiviD8 year ¢kning 0¢bEr. L4st year £17.908 vms tt¢¢ived irt doDatioJJs. Promisc& ma¢k by memFErn of the coll8tiOll will incre48e ¢Jur income in 2026 by £9.086. Gin¥bY Gift Aid is alwBys snd £51,150 was recovered from our Gift Aid donations. Thi8 yt4r we had the Fwefft of bEinS able to r¢cov¢ran athlitionEI through the st[ll *hcrne allowance. In¢ome from ¢hgrlt•blt atlfvlde• Tr largest iourc¢ of inwm¢ is rentsl income and in 2025 it £22.030, The Tetrta] iDcom¢ frnttl our ball8 £6.605. tn adth'tioll, we received rentsi income from the Glebe car pwk of £15.425. Ourtothl VApenditt w48 £384.7. Our lugttt ¢xpcn8c is Giving to Grow. alloratioll by th¢ Church of scotla1. In 2025 the figurt £lfA)258 (42% of our total exw)ditrJr¢). It is ll8oJ bythe Churcb of ScotiaT¥l to fimd miiy8tywoTk at horne and abroa Pag¢2
PATRICK PA SH CHURCH REPO STE Deiignted Fabrlt Fund This y¢8rw¢ bave r¢ceive dollatiws of £313. Fimlly & Youth Fund '& ye4rw¢ bav¢ received doDatiOlls of £6.000. Inve¥tmen¢ pollcy nd objectiv The invcslmalt obje¢tive6 of the InvcBtsnents •ff.'. &) to PTEsetve th¢ cawtsl b) ensure Jiquidity c) ¢)pthise the invulnKntrctsm within these con51rnWt8 d) to rnSU a M¢ady and riiin8 levcl tsfincotn¢ These obje4tiveJ b¢¢n mot thTitsg the year as far a&po88ible in the CUTrctrt ecotmic ¢limate. Fund rexrve¥ pollcy It li the TnMte¢s l1¢Y to bold rcseNe8 ofat l¢a8t £IOO,OIKI iti UDre8tricted Funds, which Ims be¢n hl¢ved. At the Cl of the ycar. the Church held Unreltricted Fujds of £712,6(Kl Df which £548.429 held in the F&bft¢ Rescrve FUDI £I22.873 in thc Genernl Fund £25,284 ID th¢ Cotllmunity FuDd and £16.014 itt the Cburch Or8atiis8tson The (Iwity a0 hold5 £16,146 io Restricted Funds. The use IB R¢5trickd to the PWFKJS¢B let out in No 16. STRUCTURE, GOVERNANCE AM) MANAGEMENr Governlng doeument The Chu is administEd in accordwe with the term of th¢ quoad omnia constitrJtici. R•cndthwnt xnd Appolntmen¢ of Dew tryrtet4 Mcmb¢r5 of th¢ kn.rk Se45ion arc the charity tru8tee5. The Kirk S¢8sion memba5 the eiders of thc Chwth ot)d arc chosen from th05c members of the Church who are cotldered to h&ve th¢ appropri& w15 aDd skills. Within Ihc Kirk Se88i(bn there are a srna]I number of eldeTS who have elect&l to become Elders Emeritw dur W A cIwi8e in ¢ireumstsnce8. Tb¢y we no longcr TnCes, they do not undertoke duties on beb&lf of Kirk S¢s8ion, and although tl Call attend Kirf( Se88ion meetings they are nol allowed to vote. The mitiisl¢r, who is a member of the Kirk Scs&ion, 18 ele¢d by th¢ con8reWiOn and inducted by Prubytory. Oryn1d0nal Jtyvctsr• The Kirk Scssiott 1$ ¢h•ired by the mini5tcr w]d mccts at Itt six times a year. It is rcspoD8ible for BpiiibJal al mat¢rio1 ffoirs within thc Cburch. r¢4x>Dsibiliti¢8 Are delegated to fow conlmittees. ThcKo committ¢es are Faitb, ComThunity, Campus and Finance. The ¢onvenors of each of these cOtlitIc¢S mret bdore a Kirk Ses¥ion medÉllg 88 BuBine&8 Cotnrnit< dixuss what issueg will b¢ &k¢n to the 'Tk Session m¢etin8. Rbk matsaKement The principal risks and uncrrtaitttie8 facinB the CottBr¢g8tion iDcludc'.- 41 F¥lliD8 iDcome bl IllGrwitig avera8¢ a8¢ of the COnBatiOn Thex risks ate athjrc by wryiD8 Out All #wwai R¢view of Givitig to bi8hii8ht the iMrtancE of th¢ fiDDncial well_being of the CongregatiOD. Al¢¢rna¢ive worshLP styles as describcd in our Achiwem¢Dts and Pcrfornwice sectio re partof our focus OD widenw8 the of our Con8re8ation. REFERENCE AND ADMINISTIL4TIVE DETAILS Regtstered Charity SC012997 Pw3
NEW KP CKP REP THE TRUSTE MBER 2112 Prfoelpal addr 28 Kirk P]ac¢ Glasgow G613RT Tru$te KIRK SEoN 21J25 latt Ai& JAll SaxoD H¢lell HcndeTS00 David BallinBall FTazer Simpson lain Stsrk Jattet Stewart William Stcwart K¢nDeth James Sb¢ila B¢gg Ha1 Rrooke Shcila Knapowi RoErt L4nt( Clrobam artErS (wrtil 26.06.25. EnrItU$) JoanD8 C(th (witil 26.06.25- eM¢¥it} Pa Cwke (until 26.06.25. emerityo) Gilli Lulln lftill MaCcorqd&lC { Ulltil 26.06.25- ¢meritu8) Macdotsam lyntil 26.06.25. emcritual AlaD Ma¢f•xiw L¢8ley Ma¢f&rlme laill MaclcaD Kiteen Mle8 Tom M¢Cubbin John McGee lan M¢Millan ADlle Mori8on Morrio White Morven Whits Fiolla Wilsott lJ WiDniD8 Ali6¢air Wood W¢Joilard Eileth yo8 IBin Duugjas Pamela Dou8kn5 Ajex Elbott Jutte Sylvird Fer8uson MaTiorie Fitzsimmotjs Williun Fitr&imm Eiicse Fleck AvrÉl O¢l¢hri J8itt (hlthist S81]y Mudge Flo Nicolsc Dou81&8 NisbBt ( until 09.09.25- enKrithll) Itene Gille8pie Jacqucline Gillespie (until 09.09.25 - weritys) E¥1¢ Gordon Jane Grthi Julie Gordon Pamel8 P8teT3OD KathieeD Perf1 WalkrProvan Isabel kobb Lind& Gray Muricl Saimond l•d¢p¢DdeDt mIller Th018 Bani¢ & Co LLP Atiaotic H¢wae la Cadogan Street Glasgow G2 6QE P4¢4
NEW KILPATRI F THE TRU CollgreRad•D Reference Nuthber: 181210 Bank of Scodand 2 StAtion Road MilD8avi¢, Gla88ow (]62 8AB Pritidt Mini8ter'. Sc8sion Clerk. R(thy HaTDilton M BD Alistsir Wood ¥.fflOK£..(1..2).z&d Aoyrovedby orkn of thebord of tru8teeA on... .... ..... .. ... si8d on itsbeha]f by..
lYDE ExAllYER's REPORT T NEW KILPATRICK PARISH CHURCH r rqmyt thE aGcounts for thtyear ellded 31 Decallbet2025 outon poges &en to tw¢nty. rtiPfJn8lbilitieJ of trusttts And eiAJlllDer The chority's trStee8 are respon1¢ for the preparation of tbe xcoullts ID accor¢ WAth th¢ tcnns of the Charilies Attd Truthe Investsnen¢ (SGottolld) Act 2005 and the Chariti¢s Ac¢ounts {Scotlat)d) Regulations 2006 (as amcndd). Thc charity's trvs*es CQDsider the audit requirem( of Regulation IIKIXa) to {cl of tlLe A¢nts RetIots$ does not aR)ly. It is my r)nSibIlity to examine the aLtouDts as reqwr¢d ullder SectsoD 4411)l¢) of th¢ Aci and to state whether particular mitt¢rs havc coll to my attentio of tke Independent examine r¢port My exAThination w4s carried oui in cOrdan with Regulation I l of thc Charities Accouttts (Scot]attd) Re82tioD8 26. An examin8tion ittclllde5 a review of the accounting rccords kept by th¢ clwity thd a comparison of the accouots presented witb those tecords. It also iuclude8 considerlltion of any unu8ual itcms or di8clo6wed it) the a¢unts, Bnd Beeking rxplaDatioJJs from you as ttwteea concaDiD8 any sh tJatters. The procedures undcth do not proTride 811 th¢ evidence that wou]d bc requircd LD an audi4 RDd eon8equ¢ndy l th) not presS In audit QPiDion on the view giv¢n by the Independent exRmiuer'i it8tement tn conntiOn with my 1aU0n, no rnatt¢r ha8 come to Tlly attthtion.. (l) whicb 8iv¢8 me r¢&KThble cauxe to b¢li¢v¢ th81 in any material re8rt the ffqU1r¢mts to kgcp accounting records in COld Nqth SectiOD 44IIXa> of the 200S A¢t and Rwldtioti 4 of the 2006 Accounts R¢8ationS. attd to prepAre A¢couttts which accord with the accountin8 records and to comply with Regutation 8 of thr 2006 AGGounts RegylatioD8 have not been or (2) to Whic iti myopinion, attention Sh]d b¢ drnwll iti ordor to enable a proper understSDibD8 of tbe oUttts ¢0 be r¢a¢hed. Martitt &eL8 BA CA The ]Dstttttr¢ of Clmrtered AwouutaDts of ScotiAnd Thornas BatTie & Co LLP Atlantic Hou la Cado8an Street Glasgow G2 6QE
PAs TEMEIYT OF FINANC 2025 2024 Notes ll¥COKE AND Donations and legaci&4 301,171 6.(XlO 307.171 320,407 CThBrftable a¢dvltle• Use of premi8es 6.605 837 15,425 4.381 6.5 837 15,425 4J81 5.632 Glebe reDt Fwthi8iTI8 15,425 21822 14,IXM) 126 22.948 I4,10 21.722 Totsl 365.241 6,126 371,367 364.149 EXPENDrfuRK ON 663 663 619 CTharltAble *¢dvltt Chh QF¢raiioDs 365.074 19.170 384,244 352.616 To¢ 365,737 19.170 384,g>7 353335 Net ott inv¢btmeD 73.612 73.612 23.621 COMEJ(EXPENDmJRE) 73.116 {13,044) .072 34,535 RECONCILIATtON OF Total fid8 brought forw8rd 639.484 26210 2.980 668,674 634.139 FORWARD 712.6C l3.166 2.980 728,746 668.674 CoulNG OPERATIONS All iticome and expelld1 ]M5 atiKTr fr( ¢ontinuin8actiTrritirs. The not¢5 fmpart of thtse fillancial slat¢mts
NZW KILPATRI PAIU H CHURCH BAL4NCE SHEET I DECEIIIBER 2025 2025 2024 FLXED ASSETS 12 566,015 2.980 568.995 495.383 DEb C a¢ b?k 13 16,087 143.487 16.087 157,152 17,604 172.795 13.665 159,574 13.665 173239 ISXl.399 CREDnORS AmoutsLs fallittB duellrythin one 14 (11989) 1499) (13,488) (17,108) ET CURR ASSETS 146585 13.166 159.751 173,291 TOTAL LSSETS LE&S CURRE1 LIABILITIL8 712,6(N) 13.166 2.980 728.746 668,674 riET LSSETS 712,61 13,166 2,980 728.746 668.674 15 U]]restri¢ted ilJod& RGted fiu 712,6th) 13,166 2,980 639,484 26,210 1980 728.746 668,674 The financial gthtements were approved by the Bogrd of TnMe¢8 authori8¢d for is8ue ...ty&44M...&.. aod weré SI on its behalfby.. A Bum)w. Tnwtee A Wood. Tn]stee
TEST TH FINANCIAL ST Dded ACCOUNTING POLTCIES of prep4rfng the stt¢ments The fin#ll£ial s¢at¢m¢nts of the cbarity, whith is a public bcnefii ¢ntity under FRS 102. hove b¢¢n prepaTEd accordance with thc Clwitiu SORP (FLS 102) 'Accountmg aT Reporti by Cbarities: Sw¢tnent of Rccomm¢nded Pra¢tiee applicAble chwitits preparing their accoutts iu accordwKe with the FinanGi Reporting Stsndard upplib]e in the UK Republic of Irelllttd (FRS 102) {effective I Ianuary 2019),, Financia] Reporting Stsndard 102 Th6 FiJwi¢ial Re[]8 Standard applicable in th¢ UK and Ryblic of Ireland, and the Charities and Tn InveslnTht (Scotland) Act 2005. Th¢ fancIal Btatcmcnts have beert prepared under ¢he historical co81 Convetttion, with the exccptiott of investments whi¢h &r¢ included at markct vglu4 as modifieAI by The pre5erltsti fjJncti(d our¢D¢y of tbc finAncial Bmtemeots is Poulld8 Sterlill8 (£1. Golm¥ concern After reviewing the ch&rity'S forecasts at projeGtioll8. th¢ truste have a rca50td)k expti0t1 that thc Ghlty Iws adeq14 resources to contitLUe ill operational existence for the foreseeable tljturc. Th¢ cljarity thereforr continues to adopt the 8oin8 ¢on¢¢rn ba8]8 rn preparing its finunciai jtatrmts. cr1k u¢tsullthiiJdS¢¢llts kry ree1 oluthnathim uneertthty In ptrporing these finaDciai sta¢emeow the trustees Are required to rn&ke judgcmrDK estima & &%sumptions that afft the 8ppjI10D of th¢ chArity'$ aCW]ntiDg policic6 and th¢ reported arnowlts of li&biliti¢5, iD¢omc & expettse8. A¢pJal T¢4uJts nY differ from the estirnAtes. E$timateB & Unduln &ssump¢ioD8 reviewed on an on801 basis. R¢visiow lo eBtirnat¢s Ar¢ r¢¢oBniJ¢d ptospectivcly. There are 8IPILfiCl judsement8 orUtinte5 used ID th¢ twtiott of the8e finauciol 6tat¢maits. IDcomts¥ rt4ourca All doMtion4 gLft& & le8wcies are in¢lud¢d within incomitigr¢source8 under cither ujrestricted or restricted fimd8 ordIn8 lo thc tenlls UDd¢r which the don81iott L5 madt & wbert th¢ UllI Can bc quantified with re)nable Rental income from operating le88eJ 18 on • $tiBight-lin¢ ba818 ow th¢ term ofthc Iras¢. Grants are rKogDi8ed whett the cbarity ha8 been notified in writin8 of Ix)th the am0¢ Bettlernctst dBte. Grnnts 8r¢ &ferred iftern]8 or conditioN ttLU8t be met LKfore the ¢kn#rity ha8 entitlem¢llt tothe regour¢e5. Interut re£tlv*bie Interesi on fiJnd8 held on dcp05il is includ¢d when rcccivable and the wnount ¢an be rne4s reliably by th¢ chllrity,. this is nomigjly UPOD notific70 of the intere81 p&id or payabl¢ by th¢ baok. Expendlthre Li8bih"tics ar¢ reco8Di8ed apendittre &8 8Ly)n as theff 16 a l¢sJl or ¢onstruEtiv¢ obligation comtnitting the cknity to tbat ¢xpendittw¢ it is prob8bl¢ that 8 trafer of e¢onomi£ benefits wll bc rtquirr4J in gettlcmcnt aThl the amount of the obligation can b¢ rn0[¢d reiiabty. ExpeDditurc is arcountrd for on an accruals basis and h been cl&ssified und¢r lthings aggregate all cost related to the category. Where costs C4Dnoi be dirtttly attribUts to pArts'¢uIAr bMdm8s they h&vc a]Iw•t¢d to adivities on & basis con8iste with the of r¢sourc&8. T•xatlwi New Kilp8trick P8ri8h CEllCh 18 recogti1u 88 i clwity for tbe purpw of applicablc taxation le8islation 2nd is therefore ttot subje¢¢ to 4X8tion OD its cbaritsble activitscs. The rbaTity is llot re8iStcred for VAT and reu)urc ¢Xled tberefor includr irre¢ov¢rable input VAT. Funds are ¢lassifieda5 ¢ithcrrestri¢ted fimth oruDr£stricttsl fijllds, d¢fJned follows.. P¢9
PATrtCK NAIYCIAL MENfs- tontlnu ACCOUNTll¥G POLICIES. eontlDued Rcstiicted fiwds are fjJlld8 subject to spKifi¢ requirements as to their use vAJi¢h maybc <kclared bythe donor or with their authority OT cre4tcd through l¢g41 pr(Kes5e& but still withiti the wider objttts of the chfin"ty. Endow funds ore fund5 whtcb have beerl on the conditiott that the or1al capital Sum 18 not redwe but the incom¢ from th¢ is used forthe pwe defiJThl iti accorthcewith the i)bjtrts of thc Gharity. Unltstrictrd funds are expendable at the diKzdioD of the tsiJ8teu in the furthrnce of th¢ objects of the tharity. Irparts of tbe unreslri¢ted fidS we earrnthd tbe discreti of the trustee8 for & partirular purw54 thry are d¢8Lgoatrd ds a 5VThtc fund. This desi8tiatiOrt has an adll)inistr&tive only and does noi legaity restrict the tru8tcu' discretion to apply the Penthn and other POAtrretlrement belleflts The tharity op¢rlltrs & dcfiD¢d ¢ootrilyJts"ou pcD5ion scheme. ContributiollS payable to the ¢bax18 peD5iOn scheme are ched to the 5tat¢metti of FinaDcial Activities in thc puiod to which they r¢]ate. Jervlces & t11e& Donated profebsionkl KTrices & doD&t¢d faciliti¢8 rwni5¢d as illcome wbeD the clwity bas control ovu the irem. any coTrJitsoDs aJsociated with th¢ dOted itcm have been MCL the rcceipL of th¢ ¢conomi¢ benefit from the use by the charity of th¢ 1M L8 probablc & that ecottomi¢ bcnefit be me4sural r¢liAbly. ltt accord with the CharitieB SORP (FRS102) thc 8eDerai voluner tiTnc of congregation is not recognxaed. c recei donated pr0f¢BsioJL 8erYiccs & th)nated facilitiu Are rcco8uiBed on the bg8i8 of the vEluc of the 8ift to the chity, w.Ch li the amount the chority would have paid io obtsin serviees OT facilities of equivalent ecoftomic bcncfit on the open market. a eorteslthg amOW is th¢n re8n15¢d a8 expelldiDJre itt the period of Teceipt- Fknlndal IDi¢TumeDts The chArity fill¢1 & fmancid liabilitiu of a kind that qualify as basic fetaI in$trument8. Comprise c48h ban5. Short term trad¢ u¢ditor8 Are Meas at the trti0ft pfftce. Oth¢r fman¢iai liabiirtir8aTe meuured initiBJly at fair valu¢. net of transaction costs & are measuThd subseqllently Jt atllOffi&ed cost UBiD8 th¢ efftive interest Prowlilo Provisions Ar¢ derMitt by discounliD8 the expected fikn cash flow4 at & pre4Lx r&tr that refjxts curreut market asse4meDts of the time ylle of money and the risk4 5pttific to thc liability. The UnWiDibn8 of the dis1 is r0Sed as finan¢e com. Flxed as$ets Thr rkn4rity thc right to ocwpy attd usr for its charitabk (kniective8 certain taD8ibie fixed incluiting the ChuTeh, halls M64 vestcd ill the Church of Swt]alld Gcneral Th]Bt¢¢s. No CoD$id¢rIon i5 payable for th¢ U8e of these a&8ets. Expenditure in¢urred th¢ rcpair and maint¢[w¢ of thc8e aets is cbar8ed as resourtt5 expelld¢d in the Sfatcmcnt Df financial tiVItieS in the perithj iti which thc liabibty arises. loveltDTrts Pag¢ 10
PATRJCK PAIU O THE FINANCL4 ACCOUNTING POIJCIES. contlnved Flll•D¢tsI knitrumtDts Fixed asset iov¢stsllenls are stated at tht value at thc bthnLX 5he¢t date. UDrcaii8tyJ gains aod1058es tEPf¢8¢llt thc diffcThGc b¢Nveen the markct value at the begitiningand end of the fitllnciRlye4r or. if pur¢hosed in the year. thc diff¢rencc betWCCD Cost and tnthet value a the ctsd of the yelr. Reali5ed gains and la85es rcpreseut the diffcTenee between the prCed8 on disp1 and the rngrket value the Btart of the year or cost if purch&8ed iT¥ DONATIONS AND GACIEs 2025 Total Unre$trictrd Rrstricted Unre$tri¢teAI Rcstric*d Total Off¢riD85 Tu recover¢d on gift 229,891 229.891 232.036 232,036 51,150 i J(M) 51,150 1.3 51277 51277 L¢8aci&8 Cbur¢b or8ani&ation in¢otDe 13,725 13,725 13.403 13,403 conBT¢8ational org8nisatiolls Endowmcnl illfm 4.196 547 4.196 547 2,476 555 2,476 555 49 49 Sunday acbool incom¢ Fabric r¢s¢rv¢ incmnc Youth & family 500 SCK) 313 313 S) 6,0(KJ 19.660 19.660 301.171 307,171 31J),747 19,660 320,4107 2025 Totsl Uwestricted Restrirt¢d 2024 Totsi Unr¢6trict¢d Re5trict¢d int¢r¢st Investsnl interesk Dividenth recciycd 3,855 126 3,981 4.206 39 17.336 141 4,347 39 17J36 18,967 18,967 22,822 126 21,581 141 21.722 ¢ 11
TO THE FAT1 TEMENT 2024 Utrcstrictol Restri¢x¢d TotAI UDre8tri¢tgd Total U* of prt4Di GI¢ rellt Bookthll Fundraising for 605 15,425 837 6.605 15,425 837 5,632 15,425 963 5.632 15,4 4.381 4,381 27248 27248 22,020 22.020 2025 2024 unrestri Restri¢t¢d Totsl R¢stri¢(ed Total 564 564 515 104 515 104 Offwiog envelopes 663 663 619 619 CHARABLE ACTIVIT COSTS SuFyDrt Cts(s notr 8) Costs (see ote 7) 381,514 2,730 384.244 Pw12
NEWK TO ANC TATEmE.NJ&J 2025 2024 UtireBWiCt¢d Restri¢t¢d Totsl ut)[C5tri Rsstrictcd Totsl fimds Givin8to Mit)istels expeD5e8 Salary & r¢iat¢d costs Water ra ItJ8uranc¢ & mal I.258 2.815 84.663 3.603 160y8 2,815 103.833 3,603 151.028 2289 79,456 5238 151.628 2289 84.216 5,238 19.170 4,760 17.891 17.89l IQ676 16.676 H(18 & ligbbng & 24.856 24.856 21J82 21.582 Church telephoTLe & 1.622 PrinL ststionery & photOCOPyin8 Advertising & ehurcb 3.083 3.083 348 737 737 Admitti8tr4tion & rnisce114n¢o 2,882 8.305 2.650 2,882 8,305 2.650 2.498 1498 2.650 Fabric repAirn & m8intenaD¢¢ 27,935 4.171 27,935 4,171 2S,578 4,533 720 25.578 4.533 720 Education eornmittee CXPCn8U OrBaD & music Charitable exp¢ndillwe 998 2,127 13.771 998 2.127 13,771 4.658 1,433 12.902 4,658 1.433 12.gY)2 362,344 19,170 381J14 345,402 4,760 350.162 SUPPORT Cs 2025 Total 2024 Totsl Unrestricted Restricted Unrestii¢ted Rertritted Governre ewts Ind¢p¢ndent 1730 2,730 2,454 1454 P8g¢ 13
ICK PA IAL STAT rthe ar Ther¢ w¢r¢ no ITUStccs' remUD¢rntI or other bcDcfits for thr ar 31 Decern 2025 Dor fot the year ded 31 DEcernber 2024. Tru8tses' expens Durin8 the y¢ar four trustttB re£¢ivedreirnbJt8ementof expell& detsiled 85 follow$.' MillisVs travcl and phone Council tLx. m8nse 2,815 5,064 1,1 During theyeara tothl of £54.933 wao dott&ted to the coD8TeBAtion by tnjstses. 11 STAFF COSTS 2025 2024 SalarieB 8Dd wo8 Soci81 UrIty costi 81324 62,991 2,C#)9 1.725 84,333 64,716 Th¢ average monthly numberof cmpioyee4 dwin8 the yearwu ¥ followB.' 2023 2024 A88iSthttt Milli Chutch officetx Cl¢att No aDployev receiv>1 emolumcnts ID exce8s of £60.OCN). All ChuKb of Sci>tknd congregitions contribut¢ to thr Nation81 Stipcnd Fund whtEh brars the costs of ail mini5tm' stipends and en4)loyetrs contribu¢ion8 for DatiODal in8ur8llK prAsion llnd holD8 And loEu fi]nd. Mtni3ters' stipends E>wd in accordantt with the DatiODal Mipend scAle. wbich is related to yeat5 of5crvicc. FIX the ycar uDder r¢vi¢w thc tDiDirnum was £32,433 and the moximum alld (in the fifth and 8ub5cqueDt years) £39,856. Page 14
THE FIN ATE Doti&ti leIe& 300.746 19,661 320,407 ChArftAble a¢ti Use of prcrni8 BoDkstsll Gkbe JMt 5,632 963 15.425 5.632 15,425 215BI 141 21,722 Tot41 344,347 19.802 364.149 EXPEIYDITURE ON Raisin8 fjjndj 619 619 Ch8Tlt8blt Ietlvlti CtrLurcb oper8tiOD8 347.856 4.760 332.616 348,475 4.7 353,235 Net on Inve8imeiits 23,621 23,621 NET INCOME 19.493 15,042 34J35 RECONCILIATION OF FUNDS Total fuDds broughifotwayd 619.991 11.168 2,980 634,139 TOTAL FUNDS CARRIED FORWARD 639.484 26,210 2.980 668,674 Page15
NEW KtLPATrf ATEMEP4TS- 12. 2025 2024 Matket vaLu¢ at l JIry 2025 495,383 8.081 (8.081) 459.l45 12,617 Disposals Re41ised gaitil(1051) on inVeStn¥S Unrc]6cd la1(1> on investmettts 73.612 23,621 Market Val at 31 Dttettkn 2025 568,9)5 495.383 395,754 395.754 Invests ¢(ryi8e fid0 held by Th¢ Church of Se4)tld Inve$m TnLqt investment rtfolio held th BaTclay& Wedjth. The latter indude& material trN¢8truts in the followiD[. Temple BAR Invcslment TnLO¢ plc Rankcts ]nvutm¢nt Tnut pl¢ Invesco Perwi Seleet Tnjst plc JP Morgth Globla Growth & Iu¢oTneplc 37.850 47,952 33.728 32,500 I& DEBTORS.. AMOUNTS FALUNG DUE IwrHtN ONE YEAR 2025 2024 Gift aid tsx refimd due Acmwj income 15.558 529 17375 229 16.087 17,604 I& CREDITORS: AMOu1s FALLINGDUE WITIUN ONE YEAR 2025 2024 Trade £rair& Tatioll and 8Kurity Oth¥editOrS 4.675 1.437 7J76 5,857 4.431 6.820 13,488 17.108 PogE 16
NEW KtLPA EST Net ttLovemeDt At 31.1225 Atl.1.25 UnreJtrt¢ted (ktteral fund Dcsignated Fabric Rescrves fimd Desi8nted ComtYJw)ity tlmd D¢8iguatcd Cknh ¢JrganiutiiJn• 120,032 479.209 24.183 16,060 2.841 69220 1.101 (46) 122.873 548,429 25,284 16,014 639.484 73.116 712,6 Re8trl¢t¢d fuDds NX Community Avwd Jcherne Family & Youth fimd 2.843 23,367 126 (13.170) 10,197 26,210 (13,044) 13,166 EDdDwment fuThds Mr8 Youtsg MaJorial fijnd WelfAre fim Mr8 Johnston t%que8t 1,045 643 1,292 1.045 643 1,292 2,980 2.980 668,674 60.072 728.746 Nel Jnov¢ment in fimds. iocluded in the above are 8A follow8: R¢sour¢ Gains Movement 1088 Uoreatrleitd fuDdi Gen¢ral fimd DESI Fabri¢ Reservei fund DeS1d Community fimd 339.404 10,961 (344,513) (7,403) {50> {13.771} 7,950 65,662 2.841 69220 1,101 {46) 13.725 365.241 (365,737> 73,612 73,116 Rutrltted NK Coroa)uwty Awgrd FBmily & Youth fLmd 126 126 (13,170) 119,170) 6,126 119,170) (13.044) 371367 1384.907) 73.612 60.072 Page 17
15. CoJthp*rntiva for movement Net Atl.1.24 31.1224 120.686 456,380 27.366 15 J59 (652) 22.829 (3,185) 501 120,034 479,209 24.181 16,¢KO Dc8i8naI FthL'C Reserv¢$ fimd Dgle Community fimd 619,991 19.493 639.484 Reits4¢ted fun NK Comrnuntty AvArd scb¢me F8mily & Yth fund 2,701 8.467 142 14.9LYI 2,843 23.367 11,168 l5,042 26210 Mr5 Youn8 Mernon tlmd WelfJr¢ fijj Mr8 Johnston bequest 1,045 643 1292 1,045 643 1,292 2.980 2.980 TOTAL FUls 634,139 34.535 668,674 Compar4tiv¢ tsd verneDt in fid4 in¢luded in th¢ above are follo. Ro50ur¢es Oains atKI Mov¢ment loues UDre4trleted f••di 321,550 8.162 1232 13,403 {331,1561 8,954 14,667 1652) 22,829 (3,1851 soi Design41 Fabric fuod Dcsiguatcd ConJmw)iiy fid Designat¢d Church or8anisaticm8 (4,417) {12.902) 344.347 (348,475) 23.621 19,493 RutrIeted NK Cornmlty Award scbctn¢ Family & Youth 11]nd 142 19,660 142 14.900 (4,7(rf)I 19,802 (4,7601 15,042 TOTAL FUNDS 364,149 (353235) 23.621 34,535 se of Endow The origillai illt¢lltioD ofthes¢ fjjttds is not now kllowL The trttt5 do not thteDd to usc these fimds Page 18
for the exr ende I DECEMBER 2025 IS MOVEMENT IN FUNDS. eomlknued OSC NK C¢xnmunityAward Schme is u&ed towards fimding a Jp¢cific commwtsty Family & Youth Fund . Th¢ tnkn bave set aside fiJnd8 to &velop trJaiDtsin positive relationships Th7th yoiin8 pcople aod families both within the CODgregatsou atsd the comty. Fabric ReseThe Fund. The tswtees have getIdE forth¢ mairLt¢n8nceof the church prryuty. comfjty FuDd. Tr tswtee$]wve let aside fijttds to develop sDdpromot¢ community itsitiative8. individual aim8. I& RELATED PARTY DISCLOSURES Ther¢ were no othcr rehtsj paty trnnI10ns oth¢r thBD thox rn¢ntiOtJed inNots 9 ThJ8tro8 R¢rnuneratiOn And Benefits. 17. A]¥ALY51S OF NET A&8ETS AMONG FUNDS Gctscral DeKi8nat¢d R¢id Endowmrnt lttvesrments 109,385 26.477 (12.989) 456,630 133,097 2.980 568,995 173239 (13,488) 13.665 (499) Current ]iabiliti N¢ta&g¢ts 31st Decemk 2025 l22,873 589,727 13,166 2.980 728.746 (3eD¢T3] Designated Restricted Totsi Invesknents 98.456 38.686 (17.108) 393.947 125,503 2.980 495.383 I).399 (17,108) 26.210 Cwrent liabilitieg Net aets 318t Dec¢mk 2024 120.034 519,450 26210 2,980 668.674 I& VOLUNTEERS In common with wll neaVDs of the Cburdl of &ot18rd thc con8regation benefits from the contribution Made by voluttteers wbo 8ive thcir time aod tslcnts willingly for the benefit of the a)urch. The atE&S of ¢ongreBatioJ]al life vthiGb r¢ty OD the contriburioll of volu1e¢r& arc matty Alld vgtirA and of the activity Wlldbe ullable to ¢tinUe were Itoot for the ¢rrithMI¢ 8howD. Pw19
O THE FINANCIAL STATEMENTS- tontinu for the ded 31 DECEMBER 21ns 19. SPKCIAL COLLECTIONS AfiD DONATIONS In addition to the B¢n¢d fid income rxordrf the follory inL¥)m¢ fr(4n Special CollKtion8 aud Fulld Raisin events was disbursed ts) thc following chatitie5.' 2025 Spccibl Christs coutiOnS di5butsed 4$ foll Gld&gow City Mi1 G15 Youth Project Church Housc Bridg¢ton G611G62 Con1lty R¢se W&y Ahead Srroke GTOUP 945 945 945 945 4.725 The Church (knllL'8ations hwe held SF forvwious (ltieS throughout thc yw. Th¢ followin8 doDatiOD8 were Dwk: 2025 2024 l$t B¢Ar¥dett CoD4)any, The Boys Brig Scottistl Biblc Society Prethyt¢ry Holy L&ad But$ 1,5(4) 750 750 2,650 2.650 Jn athlitioll £9,412 wa8 dollatedto Si Gr¢wY8 Church Food 20. FUNDS HEIJ) BY CHURCH OF SCOTLAND During the year, costs of £79,834 werc rxpcnded and in¢on]e of £542,841 ¢¢Ived ill the Consolid*d FaE¢i¢ Fund of th¢ (lub of S¢od&tMI. The bAlotwx at 2025 is a debtcrof fA73,22912024.. debtor of £10,222). Pag¢ 20
PARTS ET TATEMENT OF IAL Acr 2025 2024 DonAdoll8 And k2 Offuin88 Tax rc(xw¢red rn gift aid Lcycies Churcb org8Disationg income tncomc from ntional org4Disation8 Endowmetlt iticome COnALity fjJDd incornc Sunday sGhool iticory Fabric rescrve iticome 229.89L 51.150 ijoo 13,725 4.196 547 49 232.036 51.277 L3,403 2.476 555 5(Kl 500 19.660 3l3 6,0(KJ 307.171 320,407 Invtment Ineome Dwo8lt aw)UDt intryt Inves¢ment iDl¢re8t Diiryd¢n(b rcccived 3,981 4J47 39 17J36 18,967 21.722 ChArl¢Able artlvltl Gleb¢ reDt U8¢ of pr¥mise• B¢y)k¥tsU Fundrwin8 for Chwch fimd8 15,425 6.605 837 4.381 15,425 5.632 963 27248 22,020 Other Income Fund trBD8fer from C0tt801idakd F8bric Fund 14,rixi To¢41 In¢omlni reMurc 371 J67 364.149 Inve5tmen¢ JnanAgeMeDt tojts tnvesthietti mana8erfs Offering FJLv¢Iop¢8 $64 515 663 619 Ch4rlt*bk acdvld Giving to grow MinisteEs expeD8es Sa]ary & relatcd costs I<1,258 2,815 103.833 2(4 151.628 2.289 84216 238.133 Page 21
W KILPATIU DETAILED STATEMENf OF FINAN EMBER2025 2025 2024 ChAril*lth 4¢tlvllk• Brought forward WatcrratcB 266,9C 3.603 17,891 24,856 238,133 5.238 16.676 21,582 1.622 3,602 737 1498 Healing & lighting& m8intoAuc¢ Churchtel¢plM)nr & pose8 lol ststionery & pbotocopyin8 AdYcrtisinB & CINh malneS AdDJilli8traiion & rnisccllaneou8 3.083 348 2.882 8,305 2.65Q 27,935 4.171 2.650 25 J78 4.533 720 4,658 1,433 12.902 Fabrir rwirs & Tnaintenw¢ 998 2.127 13,771 Organ & music Charitsble cxpcDdikn]re 381J14 350,162 Support euts Govern¢• tDdependcnt cxwmiDerJ fe46 1730 2.454 384,91 353,235 N¢t lexpenditureVJDtom• (13.540) 10.914