CUPAR OLD AND ST MICHAEL OF TAR￿T PARISH CHURCH
(OF SCOTLAND)
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
CONGREGATION NUMBER 2615SO
SCOTTISH CHARITY NUMBER SC013123
Hender%i)n141411 k. (. I

Cupar Old •nd 8t Mkhael of Tar¥lt Parfsh Chw¢h (of Scotland)
Try•t?o•' R•port
Y••r ended 31 Dec•mb•r 2025
The truste￿ present their annud report and attounis lor Cwr & Sl m￿h8o1 of Tar¥it Parish
Chuich lot Scot￿nd) for the year ended 31 December 2025. The financial staternenls have been
prepared in accordarKe with the accounting polic48s sel out in Note 1 to lh8 accounls and conyly with
the Generl As$emtAy Aooulallons lor Congrogaiional Flnance, Iho Charl¥o$ and Trtsst88 Inv8Stmenl
Iscottandl Aci 2005, the Chariiios Accounis (Scollandl Regulatw)ns 2006 las amenoedl and Accouniing
an¢J Reporting tsy Charile5.' Siaiernenlof Recomrnended Practice applicable lo chaniie5 preparSno Ihgw
7Lcounls in accordance with the FInand￿ Reportlng Slandard appI￿able in Ihe UK and Rewblie of
Irdand publl8h8d in (ktob8r Z019.
ObJ•¢tlTM• •nd Acti￿ti
The Chur¢h of Scotland is Trinilaiian in doclrinfr, r•lormod In Iradilion and Pie$bylerian in pddy.11 exi$ls
10 9lorlfy Gtxl and to woth lor th• advancement ol ChrlBt'5 Klntrjom throughoul tho WO￿1. As a naiional
Church, It a¢knO%￿ad9¥S a di$iinciive eall #nd duty to brino lh8 ord'nanc$s Of rèlioion 10 th• p80• in
trvery parish ol Scoiiand through a leiritortol Tnlni51ry. 11 co-operatey wilh Olher Churehes in various
•eum•nicAI bodè# In ScolloTrJ aTrJ beyond.
though w? l0$1 sgvgn m•mb8rs In the la$1 yew, we hav6 had arKJlher year ol sll9hl giowih in
attendoncès wlhln th• Church w￿h # numbel of new regulttr att•TrJees al our serwlcv5. WL* noimally
hold two $ervice$ oach Sunday. One servk& al 11.00am whl¢h 1$ hokl in the san¢luary and 1$ a
Ira(h'tional service. The Second servk8 is 914.00pm and Is a more cont8rnFof8ry style. Our yowger
p8oplg. 4nd mgmt)w$ ol the Sunday cl￿ attend al thls and have Ihelr own Ilme In Ihe bung?
ttnd Iho mèoling rDtsm.
Our Sunday Club has a regular •ltondaneè ol •pproxlmat•ty ilft••n youno pooplo and lour dedlcaiod
lèad¢r$. T*¢ lormai has nol ehttrvaed, and we slill have 8 lamlly seThlce uyuolly hold on Ihe last SU￿laY
ol the r￿nth. W• hav• a youlh group whlch m8et8 monlhly ￿ the Parlsh Centre %4llh games 8nd bknle
Sludy.
Our mlnlBtgr. thg Joff MartlTr. now has hyo charq•8 a8 w• are Ilnked wllh Monlmall.
W• ar• cornmllled lo the Un￿Tr ol the church88 In the Parlsh Sl. JohTr's and Dalrsie Untled Cupar 01
and Sl Mlchael ol TaThil linked w￿h Monimall Ihl$ wlll 14k8 placg In 2026. 8olh ch￿￿h￿S still meet irs
Ih8ir own church at the Th¥)ment.
Aehl•v•m•n¢• P•rf•rnian¢•
We BS a church conlnue to support Communlty In Cupar whkh wns most ol ihe day on Satuidays In
our Pa￿$kn Cenlre. Thls Charty Supports r6fvgee$ I￿rn a numb&r of Munlrle$ includlng Ukraino
AlghaniBtan. The Ukrainlan nurnb8rs hav8 gone down slighlty aB Ihey have fflovod on, gettin9 work or
movlng away. We atso hv4V• a nurtitsr of local vukn•raWe p00ple Irom ih• $urrovrKllng area who feel
sale hgre. This number has In¢r9¥8gd ovor Ihg la$1 ygar. Thg Engl$h larvJuage ￿$&0￿$ wlinue and
the￿ 1$ Ilme lo chal over lunch.
We contlnu? lo provlde a m¢etirvJ Flac• tor variw8 Ofoanl$ation8. Ex?r¢l$? clas3 mo01$ each
MondAy. This 15 for obJ•r mombBiS In the cornrnunlty. Judo rneels In th• alt•rnoen illl early evoning.
The Cenwe Is atso a moelno place where doff￿n11a sutforer$ and ththi carers meel once a monlh. A
demenlia group rneels once a week in the loungg. Collee and Chal mernbers rn￿t In our leunge every
week ￿1h the exceptlon ot an oullng 10 one of Ihe th41 collee ¥hop$ onc8 a month. We also have 8
eraft grwp wh￿h m•et5 •VOry Iwo woohs and of cour$o tht Guikl mtrfjts •vory olhor Iwo week5 from
S8p18rnb8r lo M2rchlAw'l. During lh8 year under r8v48w Sl Johns Guik4 have ￿l￿ed up ￿th c￿al Old.
W• are now Ihe Cupar Gvikl and have a rn8ffjb•rshlp ot thirty ￿u5 rnem￿rs.

Cwr Old and Sl Mlehad ol T•rvlt Patl•h ¢hur¢h lof S¢•tl•nd>
Tru¥t•o¥' Rgport
Y••r •ndod 31 Docemlpv 2023
A¢h4•v•m*nts •nd P•rform•nc• Icontlnu•dl
Warm Spa¢e$ lun¢ho$ hdd on Mondays ￿ 3lillvgry poP￿0r and as many as lorty pecpie r8gularty
attend and enjoy homemade soup and a chai wilh others.
The Okl Parish Centre 1$ Stil altractino new groups, either as a onfrolf meeling, or on a r8wlar basis.
VIR•n¢l•l R•vl•w
Results lor the Year endod 31 D8C8rnbor 2025 are very much kn line wllh exp8clallon6 at Ihe tegnning
ol the y•ar under revlew.
Incorn• lor lh• y•ar amount•d 10 £136,314 comw•d 10 £147,964 lor lh• pr•vlou$ yaar.
Ajihough an overall decrease In incomg 01 e11.650. Standlng Orders r8C8N&d during tho year have
Id upw•ll with th8 ligure shown 01 £71.257 increasing by £1.788. ￿ Ihis wurc• ot Ineomo roPWgeni$
75% 01 our r8gular I￿¢¥￿0 il Is ess¢nlial that Ihis sourc8 rema￿Tr8 reason8￿Y consislenl year on year
80 Wo ¢an plan ahead. thher Olt•riw$ hov• d•cr•os•d by £8,132 10 a toial of £859 rn$ulling Irom lh•
poslponem•nt of Grft Day duo lo several olh8r app8al8 carrled out wtlhin the year.
No legw incemo wai recefved In the ￿•r, a rtrjuciion 01 £7.000 Irom las* y•ai.
ParSsh Centre rent￿$ have dson sll(thily, Ihe amouni 01 £17,728 shows an In¢roase of £1,478. Whilst
our hire rate5 are very cornpeliliv8, and our facilities are regarded g# lirst clas5. Irom th8 limi18d
deiall$ availatsk*11 Is vlrtually Impo$$lble kn ealculai• how much Ineomo, 11 any, Iho50 r•ni$ brlno Into the
chuich. In lacl, il may wo11 bg thal Ihe h411 15 running at a lo$$ bul d8cision$ on Ihe u$• ol this h811 and
Others in the n•w clusier wlll havo 10 bo madv whon the unlon lth•8 place.
Wg havo al801)9gn to recov?r £21,509 5￿wn a$ Gfft Ald- jllhough kncludgd In Ihts surn 1$ e2,000
or GASDS which 1$ a vari8nl of Gilt Aid. Just as dontttims lor 2024 and 2025 ar• very Jlmthr, io ar•
th• Bmounts r•covered on th¢80 donalbns.
Sifflilar lo olhor chBrili•s and organisallons, ow oxpons05 have svanilicunlly i￿•a￿ed during 2025.
EN)èndilum durfng Iho y•ar hal ine18ay￿ largdy to i num￿1 of r•pair$ tyjl. Th• total lof
2025 has rlson Irom £135,487 in 2024 10 ¢162,333 duilng 2025- an Incr￿$9 of £26,846 or lust under
20%. Repairs amounted lo É28.653, an incr88S8 01 £18.231 Irom 2024, #pmad among $tvtr81 il•m$
In¢ludln9 tI0,200 spgni on ne* boiler$ ant1 £9,000 lo repalr Ihe boundary wall. Olh8r laroer incrgasgs
ITh expenditure came from our GNing to Glow conlribulions- up by £4.632 and unsU￿rIs1n9IY cosis lor
eneroy have Increa$e<l by £2.9e2.
Whan Ihese and other costs are added together, Ihey lolal £162,333 and when Ihis ligur8 is deducted
Irom the total incorn¢ liquié of £136.314, w¢ ar•1gft wllh a del￿11 ol t26.019 lor 20251￿24- £12,477
surF4usl.
Whèn thi$ figure Is deduciod Irom our luncls ol £100,862 on 1 Januwy. w• now $how iotal Ivni15
arnourtr14no lo £74,843 al 31 December 2025.
Finally, based on inforrnat¥Jn avallat4e lo dale our costs Iw 2026 are likèly to rod￿# as laro• r8palrs
arv now comp￿1* ak)ng with thB holding ol a Gilt Day, income 8houlL1 increas• ￿l￿n9 lor rdwn to a
surF4us for the y88r,

Cupar Old and 8t Mlchad •f T*rvlt Parlah Clwrch (of Scotland
Tru•tee•' Report
Y•ar •nd•d 31 D•c•mb•r 2025
In￿*1M•￿t P•ll¢y •nd P•rfornian
No inveslmenls are cuNenlly holtl.
Tho Iruslees have 86sessed the malor risks lo whKh tho charity is eKFQSed and se¢k lo addre$$ Ihe
risks with th8 appropriait acilon. Th• p￿nCipal risks facing the chariiy a r8ducin9 and agolng
eongrogaiton although our Sunday Club has shown a slight incr8a58 in numb8￿ lor tho lirsl tlm8 In
many years. How8ver, we bve ai a lirne ol increasing secularisation In ￿d81 communily
dlff*ully In allraeiing ytyjngei pgopb Into th8 Church, ond Iho risk ol falliThJ incorne. None ol Ihe8e iisks
are uniquo lo Cupar Old and w& hoptr aTrJ believe that tho Church ￿11 0￿8 ag*n be al Ihv conlre ol
the Chrlsllgn cornmunity.
R•••ry•• hll¢y
Havlno achiev8d our aim ol allairmnu r888rwe8 In exc¢$8 01 £80,000 Ilurlno 2023 and exc8edlng
£100,000 in 2024. ouf deficll lor lh8 y88r ha$ r•$uh•d in lallkng below our ieserve alm. Al 310ecemb8r
2025 we held roserv83 01 £74,843 ot whleh £71.773 was In cash. Al thai dale we also unr•51ricled
lund$ of £70,803 01 which £2,032 has b8en dg$vJnalod loroth01 funds. Th• Church also held £4,040 01
r¢$idct8d funds, whkh have bgon prov￿ lor lh• purpose 8pecili8d In Not• 14.
•tniclur•• Ow•rn•nc• •nd M•fi•¥•ffl•nt
Th8 ¢Cngr•g&i￿tirt is a r•g15t8ied ch8rlly, nuthi SCO13123 and Is a¢Jm5niii•¥•¢Y Sn accorda￿* wllh the
ierms ol tho ouoad omnia con511iullon and L8 $ubl•ci 10 th• Acts and R8gulBllorvd ol lh8 Ggnoral
Assèmb￿ of the Church of Scotland.
Members ol Ihe Kirk S•s$lon ar• Ihe charlty Irusl¢e$. The Klrk So$slon momberB are the ellers ol Ihg
hurch and ar? ¢ho$en from ihoBe membgrs ol the ¢hurch who are consklBied lo hav8 Ihe aFvopfi81•
girts and $klll•. The mSnlil•r, who16 8 memb•r ol th• Kirk Se$iion, li •l•ciod by eoThJregalioTh and
Induelod by Pr•$b￿rY.
Th• KI￿ Seislon m••18 lirn•$ a y•u, and Is chalr•d by Iho mlnlster. tt 1$ rosponslblo lor 8plrft￿I
affairs wllhln Ihe chureh. C&rtain respon8￿+ll1V4S are dd•galed lo the Flnanc• Committ•• And the
Proporty C¢mmlMèé as 8pproprlal8
The essenti81 ml• of th? Klrt( Session is to oversee Ihe w￿k ol Ihe church I￿1￿1n ils Parith and lh•
wldor communlly. This 15 afl8¢19(I by Ih? $wrvlsth ol all chjrch aclivlilès includlng th8 pasloral care
ol all memb8r8 and Iha car? of 01 Iho ehur¢h ytyjlh grow rn••llryJ in wr hal*.
R•l•r•Re• •nd Admlnl•tr•tlv• lrfwm•tl•n
ChaAly Namo..
ypar Cld & Sl Mkhael ol TaNIt Parish Chureh lol Scotkndl
Charfly Aeoisiratlon Nur1￿8r..
SC013123
Conw•gatlon Rfrler•n￿ No..
281590
C￿la￿ Addros$'.
10 Park
Cupar
KY15 5DB

Cupar Old and Sl M1¢h￿l of Tarvlt Parlsh Chwch {•f S¢otl*nd)
Try•tee•' R•port
Ywr •nd•d 31 D•c•mb•r 2025
Trn¥t••¥
The lollwing $eNe<l from 1 Janu8ry 2025
Rev Jeff Martin, Mr8 Jgan MartSn ISès$ioTr Clethl, Mr David St8venson ITr•asuferl. •Jrs Cela
Armilage. Mr$ Eleanor 8arbour. Mr Euan Barbour (to 7 November 20251, Dr Gera￿ Burnell,
Klrs Cath Cartw. Mrs Jan•1 Conn811, Mrs GbrLq Fergu$on, Mr Haml$h F&rou$oD, Mr8 H818n
Gaukl. Mr$ J6nny Gilchrisl, Mi Jame8 Hanson, Mr$ Gillan Kemp. Mrs Sheila Le8110 25 May
20251, Mr Golin Mgclean. Mr Arthur M8rt1n, PAr$ Fra￿e5 McBrhle. Miss Patricia IAilch&ll, hAr
Rkhard Mottram, Mrs Sally k4ottram, Mrs Naoml Rcbertson, Mrs Ell88n Spurr. Mrs Su$an
Wall, Mrs Hilary W8bb110 l March 20251. Mrs Hazel York. MrJohn M¢Farfano (from 24 August
20251, Mr$ Elizab•ih McF8dane ltrorn 24 Auausl 20251. Mr Gary Smbth Ilrom 24 Augus120251,
Urs Ruth Anderson Ifrorn 24 August 20251, Mr D0Tha￿ Pd8y Ilrorn 24 August 20251, Mr& Mary
Sinclair ltrom 25 August 20251.
PrfnGlp•l OfflG••b•ar•r•
Minl$ler'.
Rev Jell K4arb'n
S¢$81on Clerk..
Mr8 Jean Manir*
Chwch Trnasur•r'.
Mr Davbj Sl•verbson
Ind•p•nd•nl
Mr Matthew Slfulh8rs BA. CA.
Her¥lgrson 8la¢k & Co.
Ed•Trbank Hous•
22 Cros8Qal8
Cupar
KY15 5HW
B*nk•v•
Poyal eart of Scoiiand
3 Falkland G819
Glènrolhe6
KY7 5NS
Trn•t••• ft••pw•lblll¢l•• In R•l•tlon lo th• Fln•ncJal •t•t•m•nt•
The law appllcablt 10 charltk95 In S¢otland iequlrts Ihe charlly Irusteo8 lo prepare Nnonclal siai•m•nis
for eaeh year whkh show a tru8 anJ laii vi•w ol lh• $late ol affairs ol Ihe ¢harty and ol Iho income and
•xpendilure of Ihecharily lor Ihal porlod. In preparing the financial 8lalemgni6. Ihe Iru51ee5 are requlred
loct $ullObb BCcoun￿.n9 pdicl•8 and Ihvn #pply them consisl8nlly.'
obJ•rye th8 method 8nd princlpla8 In lh• appl￿￿9 Chariuos SORP.,
makeludgements and g$tlmates Ihol ore rga50nable and PA￿0n1',
$lale whelher appl￿2￿9 accounting $i#ndards and stalemgnts ol rKomm•nd8d practice ￿¥8
been lollowed. s￿bject lo any departures db¢lwed explained in the finandal 818temenls,'
epare Iho Slalernenls en the goinu ¢onceFn basis Un￿58 rf is In8pproprlal8 io pre$umo Ihai
lh• Charty will conlknue in opw4llonal exisietK•

Cupar Old and St Ml¢hwl •f Tarvlt Pavlsh Glw¢h lof Scotlandl
Trust••#' R•port
Y•ar •nd•d 31 D•c•mb•r 202J
Thi*t•u R•¥ponslbllltlM lrt R￿4114>￿ to tl* PItt•ne￿I Jt•t•m•nts l¢oth¥nwidl
Th8 Irusteg$ aro r•spon8iblg lor ko¢ping proppr aceounling r8cor*J$ whlch di$¢lose wlh rea8on8ty•
accuracy at any limo the ￿'na[￿la1 posliion ol thè ¢harily and lo enablè Ihem to ensure that th8 linancial
statemen1$ compty ￿th the Chw*ies and TNstee Inveslm&nl IS¢oikndl Act 200S and Ihg CharS1i0$
Account$ IScoiL4ndl Regula￿0￿$ 2006 las amendedl. They arg ￿$0 iosponslble for saleouardinu Ihe
ass81$ ol th8 charlty and honce lor iaklng reasonable sieps lor the prevention and deieetion of fraud
othèr irregularlli¢8.
Tho twstees ar• re$ponsiUe ihe maintsnance and Ini•grfty of Ihe charity and fthanclal Informallon
on the congr8gaiion's Webs￿8. LegSslallon kn th8 United King&)m govorniThJ the preparation and
dis88mlnalhn ol financi41 $lalemeni8 may dbffer Irornlogislation In olher jurisd￿tIon$.
Approved by the Trusle8B or* 21 Klay 2026 and 51gn8d on Ihelr bghaN.
Mthrtln, ii•••lon Clttk

CUPAR OLD AND ST MICHAEL OF TARVIT PARISH CHURCH (OF SCOTLANDI
INDEPENDEMf EXAMIt4ER'S REPORT TO THE TRUSTEES OF CUPAR OLD AND ST MICHAEL OF TARVIT
PARISH CHURCH {OF SCOTLANDI
YEAR ENDED 31 DECEMBER 2025
I rewl on th• aeeounts ol the ¢harily lor the yaar •nd8d 31 D¢¢*mber 2025 which afe Set out on pagas 7 to 16.
R•*p•¢ilv• rnJpon•lblllll•• ol tru•¢o•$ ond •xamlnor
The charitys trustees are responsibk8 for Ihe preparation ol Ihe aceounls in aecordance with Ihe lerms ol Ihe Charib'es
and Trustèe Invèstmont Iscotkndl Acl 2005 ond tho Charilie3 Accounts Iscollandl Règulaty'ons 2006 las amended).
The charlty trusi••s eonsid8r thal the audit iequlremènl of Rggulalion fOI11 lal lo Icl of the Accounts Regulation5 do¢8
not awy. 11 is my responsI￿lity to •xamine Ih? accounts as requlrad undgr s•ction 441111¢> ol th? Act and to stalo
whelher partkular marttr¥ have corng lo my attenth)n.
TNS report Ss madè to lh8 trustees, as a body, In aecordanc8 vAth the lermB of rny 8ngaqemant. My work WAS
undgrtaken so that l rnighl stat• rts thg trustees those matters l am roqulr•d to stalo lo them In an Sndep&ndonl
gxamSnarfs roport and for no other purpose. To the fulbsl exlent permitled bylaw, I do nol accept or assurne
responsibillty to anyon• Olh•r than Ihe Church and the Iru818•s lor my or lor this roport.
8••1• ol Indep•nd•nt •x•mlMr'• •l•t•m•nt
My exarninalion +s carried out In ae¢¢*rdance vAlh Regulallon 1101 the Charllles ￿count8 (Scotlandl Regulallons 2￿6
las am•ndadl. An •x4mination Incl￿10$ a rwi•w of th* a¢counlin9 records kept by th• eharity and & comparisc*rt of
th• a¢¢ounts presented with th¢yag r•¢or(Is. 11 also includes consldgr8llon ol any unusual item3 or disc103urey in thg
acco¢Jnls, and sèèks 8xpIBnations liom the truste89 cone•rnin9 any such mallers. Th8 wocodur•s undèrtgkgn ¢Jo not
provk1• al the evidence Ihal would b8 fsqulred In an a￿lIt. and eons•quently I do ntx owess an audit opinlon on the
vSew g￿en by Ihtr a¢¢ounts.
Ind•pond•n¢ exarnln•r'• 8tat•m•nt
In Ihe courso ol my 8xamlnalon. no matt•r has eom• 10 my aN?nllon'.
whlch glv•8 me reasonable eaus• to b•ligVg in any material resp•ct th& rgqu5romtrni$.'
lo keèp •¢counlin9 records in accordan¢¢ with S•¢iion 44111 lal ol the 2005 Act and Règulalion 4 of Ihe 2006
Accounts Reoulallons, and
to prepar8 accounts whi¢h a¢¢ord ￿¥th tho accounllng reco￿8 and ¢omply wilh Re9(￿at￿n 8 01 the 2006
A¢￿vrtIs Regulatlons
hav• rnl beon met, or
to whlch, in my oplnlon, attsnlion should b• drawn In ord*r lo enable a proper understandlng ol the a¢¢ounl$ io
b? r?a¢hed.
Matth8w Strulh8r5 EA CA
Partn&r
Hendoison Black & Co
Chart•rod Accountants
Ed•nbank House
22 Crossyatè
CUPAR
File
KYIS SHW
* Ja6 2026

CUPAR OLD AND ST MICHAEL OF TARVIT PARISH CHURCH IOF SCOTLAND)
STATEMENT OF FINANCIAL AcTrvmES
YÈAFI ENDED 31 DECEMBER 2025
UNgstrki4d R•8trlct•d
Funds
Funds
2025
unr*JtrIet￿ Re*triei•d
Fund#
Fund•
2024
2024
Total
Total
2024
OonBlions and ￿aCle8
Charllable acllvllies
Olh81 Iradlng aclivrties
Invostmenl incom•
Grant Irom File Cour*il
109.208
6.474
17,726
1,047
206 109,414
1,653
8,127
17,726
1.047
123.106
5,604
16,248
1.450
105 123,211
951
6,555
16.248
1.450
soo
Totil Inwffl•
134.455
136314
146408
1.556
Exp•ndllUf• on:
Raising lund5
Charllable acllvttlos
T•t•l •xp•ndltix•
132
160,134
160.2
132
2.067 162,201
2.067 162.333
255
133,116
13337t
25S
2,116 135.232
2.116 135487
N•t Incom•loxp?ndltw•
125,8111
IW81 126,0191
13,037
15601
12,477
Tran8f8r8 bthe•n funds
2QO
12001
18001
800
N•1 mov•m•nt In l￿d*
25.611
26.019
12.237
240
12,477
R•e¢)n¢lllatbon of fund•
TO1￿ lundj brought loNMrd
4 448 100,862
84.177
4,2Q8
88.385
Tolal lund8 tarrf•(I forward
4.040
74.843
100.862

CUPAR OLD AND ST MICHAEL OFTARVIT PARISH CHURCH (OF SCOTLANDI
8ALANCE SHEET
AS AT 31 DECEMBER 2025
Unrn4trl¢¢ed Aestrkled
Funds
Fund•
2025
2025
Unr•strf¢t•d R•#irfet•d
Funds
Fund•
2024
Tot*1
Totsi
Not•
Tan9ible fixed assets
2,43Q
19
19
Total Ilx•d as8•t•
2.430
2,430
19
19
Curr•nl •$￿1•
Debtors and propaymgn15
Cash at bank and in hand
Tot•1 ¢urr•nl M*•l*
11
8,386
8.386
71.773
80,159
11,559
92,692
104,251
11,559
4.M8
97,140
4.448 108,899
76,119
4.040
Uabllltl•#
Credilofs.. Arnounl$ fallin9 du•
wlthln or* yew
N•t currnDI ••wts
12
17.7461
68,373
17,7461
72,413
17.8561
96,395
17.8S61
4,448 100,843
T￿11 n•t a•••l•
70.803
74,843
96.414
4,448 100.862
Tot•1 ¢h•vlty
14
96,414
4.448 100,862
The accoLtnt$ worv approved by Iho Kirk Session on 21 May WJ26.
Fov and on b•hatt el lh• Klrk Ses6kJn
J•&n 8 Martln, S••*h)n Cl•
DA￿ si0ver￿n, Treasurer

CUPAR OLD ANO ST MICHAEL OF TARVIT PARISH CHUACH (OF SCOTLAND)
NOTES FORMING PART OF THE F￿ANCIAL STATEMENTS
YEAR ENDED 31 DECEIIBER 2025
Ac¢ountlng Pollel••
Cupar Okl and St Michael ol TaNil Parfsh Chureh lol ScoilaThYI is a regi51ered charity wilh Ihe OlfKe ol
the Scottigh Charity Regulator. The contact athlress is 10 Holly Park, Cupar, KYI S 5DB.
The piincipal a¢¢ounling pol￿19$, wh￿h have been applied consislentty in the current pracodiro
year In dealing with item$ whl¢h are ¢on$id•r¥d matsrial to the account$, are 3vJt out bok)w.
BaBl$ of Propora￿on
The financial stai0rn0nt$ ha￿ been prepared in aecordance with Aceounts'ng R•portlno by
Charllle6.' Statement of Aecomm&Nl8d Practic¢ appli¢ab19 to charifjes prepbring Iheir accounts in
aceordanc8 wSlh the Flnancial Repo￿n9 Standards applicablg In the UK and Rgpublk of Ir8land IFRS
1021 lelfective 1 January 20191 Ichaiilies SORP IFRS 1021 and the Financial Reporting Standard
8pplicablg in Ihe UK and Republ￿ ol Ireland IFRS 1021, the Charities and Tru8le• Investm•nl
(Scollandl Act 2005 and th9 Charhias A¢eount$ IS¢otJantJl Regulation$ 2006 las amendedl.
Cupar Old and Sl Ml¢hA•l ol Tarwt Parish ch￿￿h conslitules a publSc b8ngllt 8nb"ly.
The Tru3lees consider that th8r• ai8 no malèrial unc•rtalnlès thai W0￿d Igad Ihem to question t
charSlls ablllty lo conllnu• a$ a going ￿￿Orn.
Th• Ilnanclal 5talement8 are piepared in slorllng, ￿1¢h Is lh• Ivnclonal ¢urr?r￿Y ol lh8 ehodty, aNI thè
arnounts roportod are roLtndod 10 th• nè4ro#t t.
Fund•
Funds are classified as •llh•r r•stricl•d lunds or unreslricled lunds. defined as follow6..
Aeslr*t8d lunds ar* lund$ s￿le¢¢ to specSlk requiremenls as lo th8lr use whkh moy b8 declar8(I by
the donor or vlth Ih8lr authoilty or crèal8d through Itgal procè$s06, lyjt still within the ￿der objects of
thè ehaiity.
Unreslr4cl8d funds are expandabl• al tr• dllcrollon ol Ihe iru8ieè$ In tvrthèrance ol Ihe objecls ol the
charity. 11 part5 01 th8 unre$trtcted luNls are earrnark8d al th6 dlser8l+on ol tho Irust•as lor a partlcular
purpose. they are dgslgnalod as a sèparAle fund. Thi$ ¢Jg3ignalbn has an adminlslralive pu￿)$8 only
and doos ngt legally reslrlcl Ihe IruBle8s' dlscrolon to aFWy the fund.
In¢•m•
Al donAik)n$ and gfft$ are Included wllhln Income under either unreslrieled or r8sirlci•d lunds aceordu)9
lo the lorms und•r whleh lh• donation 18 made and when Ihe amounl can be quanlilled wth reasonable
¢ertalnty. Donallons a￿1 gffts In klnd Are tKought Into th• aceounts at thslr mark* Y￿ye to Ih? ¢harity.
Granl Income ig recognlsed when r•c8lvat4•, wh8r• thèra Is sUff￿lent e￿dence ol enl￿emeTht lo11, Ihe
p4nounl du• can ￿ r81iabty mea6ured rec8lpt is eertaln. Whero granls are relaitd 10 parformènc•,
incorn8 is accounted for as the chadty frawns the rfghi to eonsideralion by ils perto¥mance.
Exp•ndllur•
Expgnditurè Is r•cognls•d on an a¢¢ruals ba815 a3 thg IlabS1ty Is Inr#Jrred.
T•x*tlon
Cupar Okl and St Mleha810l TaNt Parish Chureh lol Seoii8ThJl Is rscognlsed as a charlty loi the
PUIPOS95 01 applicable laxation legislation and Is therfrfore not subjecl to taxation on ils chariiabla
activllies. The charlly is nol r•#islèrgd lor VAT and expgnditvre Iherelore indudes irrecoverable inpul
VAT.
VAT rglunds r￿e1Ve¢j undor Ihe knsled Places ol WorsNp Grant Sch•rn8 are no11￿ ¢ff Ihe &xp&ndrfure
lo which they r•latg.

CUPAR OLD ANO ST MICHAEL OF TAAVIT PARISH CHURCH (OF SCOTLANDI
NOTES FORMING PART OF THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2025
1 Ac¢ountlng Pollcl•• {¢ontlnuod)
Donat•d ••rél¢•* facwltles
Donated professional swvices and donated lacilili8s are recogThsed as Incorne when tha charSty has
control over the rtem, any conditions associated wlh the donated item bg?n rnel, the recepl ol
oconomlc tenelll from the use by the chanty ol Iht ilom is proba￿8 and Ihat economlc bènefll eBn be
measured rel1￿y. In aecordanc8 ¥￿th Ihe Charili•s SORP IFRS1021 Ihg ggneral volunteer timo 01
¢onoregalion rnembers is nol recoonised.
On rgceLDI. donaled prolos81on81 $grylces and donated lacSlltl88 ar• r•eoonisod on th* basis ol the
valuo ol thè gift to lh8 charity whkh Is tho amount tho charity would have been willing lo pay to obiain
$ervices or facilities ol eqU[va￿ni è¢onomic bgnelil on the op8n markot. a corrgspoTrJing amount Is
than re¢oonl$g<1 as expenditure in Ihe perlod ol recelpl.
Fln•Trcl•l In•lrum•nts
FinAncial inslrumenls are recoonis8d in tho ¢harityB balance sheet when the charity bècomes party lo
tha contraetual provlsbns 91 Ihe Inslrumenl. Baslc Ilnaneial a$sgts includ8 debtors and eash
and bAfbk balarscesl a+xl basK Iinanclal 1Sabllib'es (which includ8 creditors) arè inilialty mèasufgd at the
arnounl roc•Nabl• or payable induding any transaction eosls and ar¢ subsequently carried at
Amort150d ¢ost U51ng the ellectlv8 Ini8fest melhod. Basic linancial assetsniabillll8s, classiliÈ<l 03
receivabl*lpayabla ￿thIft on• y&4r. are nol amortisgd.
Int•r••t r•c•lv•bl•
Interèst on lund¥ on dewjsil Is Includ8d when receivable aKI Ihe amount can b• r81iably moasured
by th8 charlty,. this is normally uwn notilication ol Iha intor6sl paid or payable by the bank.
Tanolbl• flx•d •u•l
The eharity has thg righl to occupy and us8 lor Its ¢haritabl• obie¢is certaln lang*Jl8 Ilx8d ass81s,
ludlng Ihe Church, hall and mAns•, vesled In the Church ol Scoiian¢J Goneral Trus1￿$. No
consmlgraiion Is payablg for thg use ol Ihese as$èts. EX￿ndIture tncurred on the repalr and
mainlenan¢e ol Ihese ass•ls is eh4rged a$ expenth'lure In lh• stalemenl ol linan¢ial a￿l¥ltIeS in tho
p•rlc41 which the Ilabj'lty arises.
Tanglble fixed ass8ts cosllng in ex¢*$$ 01 £10￿) havlng a value lo thè eharity 9reaior than one year are
eapitalis•d. D&prKialion to write oll th8 cosi or inilrdl value of langiNe lixed ass?Is over Ih*lr ¢$ts'maied
Useful Ilves18 as follows..
Olllc• and other wulpment- 5 years straight line
2 Judg•m•nts •nd k•y •oure•• ol •Jtlmatlon unc•rtalnty
In Ihe application ol Ihe chariws a¢¢ouniin9 policies Ihe Trusloes ar• r8qulred to make judgernent$.
eslmaiès and Assumpiions about Ihe Car￿n9 amtyjnt of as58ts and liabilrties Ihal are Th)1 reaf1ily
apparent Irorn other sources. Thè *S￿M810$ and associated assurnpllons af• based on hislorScal
xpeii&nce and other faclors Ihal are consid&r8d lo be rglgvanl. Aclual resulls May dlffor liom th898
08tirnales.
The gsts'maigs and Unde￿ng assurnpiion$ af* revlèw￿ on an ongolng basls. R•￿510n8 to a¢countlr
estimales ar• r•cogni58d in the period in which tho •stimaie Is r•vis8d where the revision aftecls onty
thai pèr*)d, or in the perbd ol r6visSon And future pgriods Whe￿ the r8vlsk)n All$cts bolh currenl and
fulufe perbds.
io

CUPAR OLD AND ST MICHAEL OF TARNvf PARISH CHUIICH IOF SCOTLANDI
NOTÉS FORMING PART OF THE FITrIANCIAL STATEMwrs
YEAR ENDEO 31 DECEUBER 2025
Unr••tvl¢i•d RMtrl¢t•d
Funds
Fund•
2W25
2025
Unr••tflct•d Rg•lrlctod
Fund•
nd•
2024
2024
Tolal
2024
2025
J Donallon• and l•ga¢l
Offeriry envdop8S
Dlre¢t bank (k)naiion$
Ordinary off¢Fino$ (open plaiel
Tax roctsvered on (knnalio
Holklay cknb
0th8r orrertnys and donation8
L•gaci08
8,969
71.2S7
6.760
21,509
8,969
71,257
6.760
21,569
9.584
69.469
5,860
22,252
9.594
69.469
5,860
22,282
75
8,991
7,0
75
713
146
859
8,991
7,000
4 Inc￿0 Irorn ¢h•rfl•bl• ￿1￿1•••
Waddlngs ond lun•r4ls
Tea. comee and lunchas
le wwj Work
2.2SO
4.122
102
2250
4.122
102
1,653
1,650
3.870
84
1,650
3.870
1,653
951
,604
S In¢w• fr•m ￿h•1 ir*dno •Ctbvhl•4
U80 01 Premlsg8
17,726
17,726
1fj,248
16.248
6 Inv••tm•nl Incorn•
Bonk and d4p¢sll ini•r•st
1,047
1,047
1,450
1.450

CIIPAR OLD ST kllCHAEL OF TAIWIT PARISH CHURCH IOF SCOTLAND)
NOTES FORMING PAFIT OF THE FINANCIAL STATEMEKrs
YEAR ENDED 31 DECEM8EA 202S
U4W•*tylcl•tl R••trfdod
Funth
Fwd•
2025
Ilnro•trlctad A••lrl¢i•rf
Fund•
Fund•
2024
2024
Toi•l
2025
Total
7 An•ly•l• ol •xp•ndltur•
RiisSng lund&
Oflerlry 8nv8kp85
132
132
132
132
255
256
255
Char1t￿l• •etlvltl
s￿l￿g ID Grow (see nole 151
Pre5b￿￿ry dues
MiTh8t8r and I￿LAn Iravgl
Minl8ler'y 1818phono gnd other ex￿￿e$
Pulpit surwv
Salarfes
Fat￿¢ ropalrn and maInle￿r
M&ns8 rèp&lr$
Pro1•551onal le98
H8at aNI Ilghl
Insur8nc•
Man$• ¢¢un¢il tax
Prfnl, stalionory, wySng
ond &￿e￿51￿g
Kitthen and loilel Sup￿181
Td¢phon• and Int•rr*•t
Sunday cbjb
Iday club
Bank chai￿&
Hymn books aTrJ ts￿0$
Other donaiion$
Life and Work
pU￿h8$0 ol suWI¢*
l>Jild
Ind•pwthnl ox4mln*i¢)n f••
Oth•r exF4ndllure
EquW))oni depr￿la11)n
65,725
2.656
2,247
520
309
23,918
27.161
1,492
65.725
2.858
2,247
$20
309
23.918
27.161
1,492
61,092
2.656
61,092
2,656
2,218
637
637
21,931
8.611
21.931
2,630
9.244
9,212
1.808
2,630
9.744
9.212
I,￿8
12,646
tO,307
1,952
12.646
10.307
1.952
500
2.336
2,336
1,261
1.186
2.466
2,466
1.645
1.169
827
571
1.169
827
571
1Ja
60
200
200
102
376
1,334
1,998
2,898
2C4)
102
376
1,334
1.914
2,910
1,914
2,910
2,898
603
160.IJ4
2,067
162.201
2 116 ?35.232
Total •xp•ndhur•
160,266
2,067
162.33
135,481
&Jpwrt W818 hav• not been seporal*y Idwufled a• Ihe tW11088 ¢on$k*r Ih8re18 only one
charflaN• 4¢tivily and Iher•loro support costs r•lal• wholly10 Ihai •¢livity.
12

CUPAR OLD AND ST kllCHAEL OF TARvrr PARISH CHURCH (OF S¢OTLAI
NOTES FORMING PART OFTHE FINANCIAL STATEIEpns
YEAR ENDED 31 DECEMBER 2025
a Stall ¢o•ts •nd numbera
2025
2024
Solarfe$ and wage5
Social s8cudty cost$
Totsi
23,918
21,931
23.918
21.931
No am￿0Y•0 r￿Ved remunerabon In &xctrss 01 £60.0￿).
The 8vwao¢ nurnber ol omrA0y￿S durlng Ihg year, c8kulaled on th• ba$ii ol a head counl,
B5 a6 fdkn¥s'.
2025
X124
Admlnislrallon
Organi81
8&adk*
Premiie$ malnt•nan¢8
All Church ol Scollar•Y ¢Ngrngalions conlrfbule lo lh8 Naloml Stipend Fund wN¢h b•ar5 th•
¢o$tJ ol all mlnlsler&' slip8nd8 aNI ornployer's cont￿￿1￿)n& nallonal Insurance, p8nsion ar
houslng and loan fund. Mln15ters' Sllpend$ ir• Pa￿ In accofdgt￿ vllh the nat￿￿ 81ipend
SC8te, Wttich is ¥•lai¢d lo years ol servko. For the year und•r i•vi8W lh& mSnimum 511pond was
£32,433 and the m•Kimum Slipond lillh an(1 $thoquonl y•arsl £39,956.
9 Tru•t•• •xp•n•••, r•muMMtlon anrt r•l•t•d ￿rtY tr•nucllon•
During Ih• yw eMp&ns•$ 01 £4,720 ￿re pAk11fj on• liu$iM tfav•l, wun¢*l lax, l•l•phon8
and olher exp•ns8s12024 £4.713 to one Iw$tè•l.
No IDJsto9 or • pw$on rdai8d lo a trn8ieg r•¢thved any remuner4llon ry had Any ￿l￿nal
Inl•r•Bt in any Oih•r ¢onlra¢t ¢1 transaction •nl•v•d inio by Iho chBrlly in lh• y•ir undDr r•w•w.
A tolal or £37,76012024 £33,OS81 wai d¢nai•d durfng the y8ar10 Ihg ¢hwty by lh• tru8teoo.
13

CUPAR OLD AtrID ST MICHAEL OF TAHVTh PARISH ¢HUR¢H (OF SCOTLAND)
NOTES FORMING PART OFTHE FIN&V4CIAL STATEIAETr¥rs
YEAR ENDED 31 DECEMBER 2025
10 Tanglble Ilxed ••*et•
ONI¢•
•nd oth
•qutpment
2024
•nd •lh•r
•gulpm•nt
Cts¥i
Al l January 2025
Athjilions
At 31 Docèmbw 2025
68.365
3,014
71.379
68a65
68.365
Arturnul•l•d dw•clatk
At l January 2025
Charge loi year
Al 31 D8¢ember 2025
88.346
603
68,949
Not book v*lu•
At 31 Doe•mbor 2025
2.430
19
At 31 Decernber 2024
19
19
11 D•btor• •nd pr•p•yffl•n¢•
2025
Debtor- Gift
D¢blor- hall renids
Oih•rthbtors and ple￿YM￿n1#
6,8$1
$49
6.563
12 Cr•dltoN: •mount• 1•115ng du• ￿thIn on• y••r
2024
lThJ8p•nd•nl examinallon fae
H981 Ilohl
Minlslofs Irav
Minlstsrfs relrnbui$omeni•
Communlty In Cupar
2,000
312
2,WO
321
535
S,Lb)O
S,OQO
13 VoluntMr•
In common wilh 411 corvJr8gatlcns ol the Church ol Scolland Ih? congregalhin bonefils Irorn Iho
conirlMJlion made by voluni8er$ glvfr Ihelr Ime and iabn15 wllliThJly lor Ihe benefit ol IhB
Church. Thé Ji¢as ol ¢ongre981iono1 lile th¢h rely on Ihe ¢ontribullon of volunieers are rTrany
and varied and much of the acilvily wouhj h unablg lo ￿ntinUe w918 11 not for Ihg comrniim•ni
$hown.
14

CUPAR OLD AND ST MICHAEL OFTARvrr PAAISH CHURCH (OF SCOTLANDI
NOTES FORAIING PART OF THE FINANCIAL sTATEME1￿s
YEAR ENDED 31 DECEklBER 2025
14 Mov•m•nt• In Fund•
At 31
l>•¢¢mb•r
202S
1 JAn￿ry
2025 Incom• Exp•Nllfvr• TrMsler*
Unm4trfGl•d fund8
General Fur
Fabric Fund
Flmi Fund
De￿￿119 Calé Fund
94,096 134,395
431
352
It59,9201
68,771
431
100
13121
34
160.266
134,455
2CNJ
70.803
R•strkt•d tund•
Art￿ Black Fund
Gulhl
H￿￿aY Club F￿d
DelibrrtLqlor Fthd
Wam) Spaco Fund
1,488
1.013
671
1,276
12001
11,3341
15331
1,288
1,192
284
1,276
1,713
146
12001
1.859
2.067
2TrJ
lund•
100,116
36.31
Al 31
l J•ThJ•ry
2024 In¢•m• Exp￿￿￿￿1• Tr•n•lw•
D•E•mb•r
2024
UNvtrfd•d fund•
General Fund
Fabric Fund
Flower Fund
Dom•niia Calé Fund
82,439
145.290
1132.8331
18001
94.096
431
352
1.535
96.414
687
820
14251
133371
R••trlct•d lund•
Anne 81ack Fund
Quikl
Hol￿aY Club Fun
Deli￿.11*1￿ Fund
Warm Space Furn1
1,688
1,077
167
1.276
12001
18451
1,488
1,013
671
1.276
981
7$
12001
1,1￿0
500
(SQOI
Totsl lun(t•
385
147,964
1135,4871
15

CUPAH OLO AND ST MICHAEL OF TARVIT PAAISH ¢HUR¢H (OF SCOTLAND)
NOTES FORMING PART OF THE FINANCIAL STATEMENTS
YEAR ENDED 31 OE¢U48EA 2025
14 MDv•m•nt In lund• (Mntlnuodl
OS8s of Unresiricied Funds
GenBral Fun¥.. Funds of Ihe church whlch not ￿e￿Ona￿ or rostrithed.
Fabrlc Fund.. Th8 L8 a deSIgna￿ lund Iho Trtsiees h•vo Bol a5kle lunds for the malntenance ol
FIow9r Fund.. Th1$ 1$ a do$41nat•d lufyj to pro¥￿e fknvors for disF4oy durlw 8eMC8S a
di5tribulion thereall81.
Dem&nlla Calé Fund.. Thi$ Is a de5VJThat8d fuTrJ to provKl• r•llel and r•laxollon l¢rd•menii•
sullèrers 8nd Ih•ir ¢ar•ts.
Pu
s rif RaÈtii
Anne Black Fund.. This Is a fund lor Iw1$ And rosldents ol Cupar and the surroundlng area, foi
Ihg benBlil ol d•s•rvlng indigent rnen and ￿MOn who 810 over 60 ￿ar$ ol 49• ttr ato in
ddKal6 h8allh. Tho•• •ull•rino Irorn bliTrJrn8s, dealn•ss or any phy8ical &8th1ily $hall hav•
elorer￿.
Guikl Fund.. Thls lund l& lor Ih&th ol Ihg Guik1.
Hollday Club Fund.. Thls has èe•n sol up SO Ihai cU￿r ad, along ￿th thr8• olher Cupar
churches. can provide qomgj, gni8rtainm&nl and I￿¢1110n on in aMu#I basis for 911 you
p•0• *ilhin th• Cwar ar•a.
Dolltffjllalor FuTrJ. Thi> fuTrJ up to wovklo funds lor mainhMne• ol Ihe dolibrilaior
sllu&18d ai tho ¢hw¢h.
Wami Space Fund.. A grant WaB 18C8fv8d from Flle Coun¢ll lo provldg a warm 8po¢e 4n
snack frw of ch4rg¢ lor p•opb within Iho comMu￿lY.
15 Qlvlno to Qrow Alloutloh
2025
Tot#1 allocwtlon
Less paid by Slip•nd Endo*Tn8nl IrKom•
LeB& Transltlon fundln9
Amount payableb yr ￿1• 7
71,935
14,5801
11,6301
69.225
14,6461
13.4881
16 Colrtllom lor thlrd
2025
2024
ChrtsllaTh Ald Wal
PoFpy Appeal
Dysionia Society
Cupat Foodbank
675
100
S20
212
400
59
16