REGISTERED CHARITY NVMBEK. SC013403 Re rt the Trustees #nd Unaudited Fin#n¢i#l Stlemetti f r th Y r Ended 31st Au ust 2025 for Hol TrlDit Church Brian R Smith, CA 29 Portlaftd Road Ayrsbire KAI 2BY
Hol Trlnl . Cbur¢h Content$ of tbe Financial Statement$ for the Year En ed31stAu st 2025 Pge Report of the TrnsÉeeÈ IndepeDdent Ex4miner'$ Rtport Statement of Flnanclal Actfivitles Blartt¢ Sheet Noles to the Fin*Dci41 Statsm¢nt5 7 11 Detailed Statement of Finaneial Actlviti 12
Hol Trimitv Church rt Ibf the Trustees for the Ye4r Ended 31st A ust 2025 We are a small, friendly ¢ongr¢8alioD whose objectiv¢ is to advance the mission of the Chtistian Church which is to glorify God by proclaiming th¢ Good News of J¢5us Christ al througb encouraging all p¢ople to have a personal relationship with Him and ]lleD]bership in His family, supportiDg existillg church members by wi)rship alld prayer ar also encouraging new Tnembeis to participate in th¢ life of the thllrch.. The members of the Vestry pr¢s¢nt their aEmual rq>ort together with the financi81 statoED¢nts for the ycar ended 31st August 2025. OWECTIVES AND AcfivITIES A¢hi¢vemtttts ttd Performanee Thc Church continues to make its faeilities avt4il&ble for use and providc worship for the whole community. Plan5 for future peritsds The Vestry will colltinue its range of prcscnt activities in the for¢s¢eabl¢ fvtutt. Volunteers The Veslry is grateful for thc lim¢ fr¢¢ly giv¢n by & itrg¢ nllmber of Volunteers without whom the ChuTch would be ullablc to operate and undertake many of its a¢tivili¢$. FINANCIAL REVIEW Fin4Dci41 Ree A loss of £9,267 arose during the year Q024 loss £2,039). The Veslly has adopted a policy of tying ¢0 maintain 8 lev¢1 of unrestricted T¢s¢rv¢s $u¢h th#t, in th¢ ¢v¢Tht of a significant drop in income, the Church would b¢ able ¢0 Enaiutain its [rent l¢v¢l of activities for a reasonable period until r¢pla¢¢m¢nt funding is obtaill¢d. STRUCTURE, GOTrIRNANCE AND MANAGEMENT Structure & Governance In ternis of Charities and Trustee Inv¢$tm¢nt Iscotiand) A¢t 21K)5 and th¢ Chariti¢s Accounts (Scotland) R¢guiations 2006, the Vesty reports to the ¢ongregatiQTh a5 follows.. Holy Trinity Episcopal Chuh, Kilmarno¢k is a registered Scottish Charity {SC0134031. It is a member of th¢ DI¢ of Glasgow & Galloway of the Scottish Episwpal Church and is in full communion with tb¢ Worldwide knglican Church. Th¢ SUE>erior authority is the Bithop of Glasgow & Galloway. All of its affairs are governed by the Vestry. Pagc I
Holv Trinit Chureb Re rt of the Trustees (or the Year Ended 31st Au ust 2025 STRUCTURE, GOVERNAf4CE AND TrL4NAGEMENT Apptyititment of Vestry Members VLsty members arc ele<ted or appoint¢d by Awiual General Mccting, ¢strblish¢d by Consiitution and und¢r Canon Law of the Scottish Episcopal Church. Th¢r¢ is no fornial induction programmc, but ongoing guidance is given to ¢nsur¢ that vesty members are fomtliar with thc Chur¢h's values. and responsibilitie5 as th¢ d¢signated ttwtees of charity. AdmiDl$trative Strueture It 1$ the duty of the Vesty to n)anage the iempornl affairs of the congregation with responsibility to k¢¢p th¢ fabrie and property of the Church and other buildings in g[b[ working order and to look after th¢ finan¢es of th¢ cbuwlL Ch•rftable Objectives Ind Aetlylties Th¢ Church's principal activities include public worship in 58crdm¢nt and pray¢r. Chri$iian education. charitable work and raisillg for local. national and inten)ational n¢¢ds, social m¢¢tillgs, predojniwdtely of the youd4 the elderly and many tonmiunity groups of all ages. Rlsk m4nAgem¢nt Th¢ V¢sty ¢arries out risk llwlageent revi¢ws in order to identify and to take action to mi¢igate such risks in¢luding- I. COVID-19 pandemic and the impact on fiwd$ and Worship 2. Falling income 3. Ageing congregation- in Common with many ¢hur¢h¢s. Holy Trinity has an ag¢iDg congr¢8alion and r¢wgnis¢s the need to engage with younger people. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number SC013403 Pritt¢ip#l #ddress The Vestry l Dundonald Road KILMARNOCK KAI IEQ Trustees Rev. H Joljnston Seerethry P Smith R¢¢tor's Warden D Tamioek People's Ward¢n E CopingeT Lay Rep. P Smith Alt Lay Rep S M¢Ghi¢ (resigned 3016125) Tr¢asur¢r I W¢st¢(Ftt El¢ct¢d A Srnitb C McKeller B Cowley (appointed 1110120251 Pag¢ 2
Hol Trinity Church Re rt of th¢ Tru51ee$ for the Year Ended 31st Au st 2025 REFERENCE AND ADMINISTRATIVE DETAILS Independent ExAminer Briall K Smirh. CA 29 Portland Road Kilmarnock Ayrshire KAI 2BY Approved by order of thc board of tru5t¢es on 16 November 2025 and signed on its behalf by.. I Weslcott- Trnst¢¢ Page 3
Inde endent Examiner'5 Re Hol Trlnlt Church rt to the Trustees of I report on the accounts for th¢ year ended 31st August 2025 s¢t out on pages five io elcvcn. The clwiry's tntee5 are r¢sponsible for the preparation of th¢ accounts in aecordancc with the lern]$ of the Chatities and Tmstee Investm¢nt (Swtland) Act 2005 and th¢ CIltieS Accounts {Scotland) Regulations 2006. The charity's stees consid¢r that the audit requiremcnt of R¢gulatiOn 10(l)la} to (c) of the Accounts R¢gul8tions does not apply. It is my responsibility io examin¢ the aecount$ as required under Section 44{1){¢) of the Aet at]d to slate whether particular mattcr5 have com¢ to my attentiou. Bisi$ of the Independent ex•m?ner'8 report My examination was carri¢d out in accordance with Regulation I l of the Charities Accounts (Scotland) R¢gulations 2006. An examination in¢ludes a review of the accountiDg rccords kept by the cban.ry and a comparison of th¢ accounts presented with those records. It also includes consideration of any unusual it¢ms or disclosuyes in the accounts and seeking explanation$ frtsm you as tsustees concerning any such matters. The procedures undertaken do not provide all th¢ ¢vid¢n¢¢ that would be Tequired in an audit, and consequently I do not ¢xprrfs an audii opinion on the view given by the ac¢ounts. Independent examiner's statement In conllection with my examination, no matter has to my att¢ntLOD'. (l) which gives m¢ Fasonabl¢ ¢ause to b¢lieYe tIMt, in any material respecL the requirements to keep accounting T¢¢ords in accordallce with S¢ction 4411)(a) of the 2005 Act and Re8ulation 4 of the 2006 Ac¢owits Re8ulation5; alld to prq)are accounts which a¢¢ord with the a¢¢ounting records and to comply with Regulation 8 of th¢ 2006 Account$ Regulations have not been met. or (2) to whitlL in my opinioll, attention should be drawn in order to enable a prnper U1Cr1tandLg of the accounts to be reached. Brian R Smith, CA 29 Portland Road Ki]marno¢k Ayrshire KAI 2BY Dat¢ 16 Nov¢mb¢r 2025 Pag¢ 4
Hol TriDiI . Chureh Statement of FI9ClaI Activities for the Year Ended Jl$t Au It 2025 2025 Total fuDd$ 2024 Total fuD(L% Unr¢stri¢d fimd R¢stri¢ted bjlld Notes INCOME AND ENDOWMENTS FROM Donations and legacies 43,791 4J.791 34,331 Fwidrai$illg activities Investment in¢om¢ 354 2,490 3.854 3,571 6,566 Tot1 50,135 50,135 44,468 EXPENDITURE ON Cbarltsble tIvItIeS General 59,402 59,402 46,507 NET INCOMEI(EXPEIYDITURE) (9,267) {9J67) (2,039) RECONCILIATION OF FUNDS Total funds brought forward 26,323 10,000 36J23 38.362 TOTAL FUNDS CARRIED FORWARD 36J23 The notes forni part of these financial statements Page 5
Hol Trinit Church Balance Sheet 1st Au 21125 Total fullds 2024 Tota funi Uur¢stricted fid Restrithd fvnd Notes CURRENT ASSETS Debtors luv¢st¢AIs Cash at baT]k and in hand 4,41JO 26.434 4,41H 36,434 4,000 36.434 10,000 38,407 I00 48.407 53,074 CREDITORS Amounts falling du¢ withiti one year (21,351) (21 J51) (16.751) NET CURRENT ASSETS 17.lJ56 27.1)56 36,323 TOTAL ASSETS LESS CURRENT LIABILITIKS 17,056 10,000 27,056 36,323 NET ASSETS 27.056 36,323 FVNDS Unrestricted fi]nds Restricted funds 10 17,056 26,323 TOTAL FUNDS The financial statements were approved by the Board of Trustecs and authorised for issue on 16 Nov¢mb¢r 2025 8t Si8n¢d on its b¢half by-. I Wegteott_ Trust¢e The notes forni part of th¢s¢ financial statements Page 6
Hol Trillltv Church Notes to the Financial St#temellts for the Year Ended 31st Au ust 2025 ACCOUNTING POLICIES Basi5 of prep2rlDg the f(71 $tatemenl$ The financial ststements of the charity, which 1$ a publi¢ benefit entity under FRS 102, have been prepared in accordance with the Chariiies SORP {FRS 102) 'A¢countittg and Rcporting by Charities.. Statement of Re¢onllnended Practicc applicable to Charities pr¢paring their aceollnts in accordance with the Financial Reporting Standard applicable in th¢ UK and Republi¢ of Ir¢land {FRS 102) (effective l Januory 2019),. Financial Reporting Sthndard 102 'The Finan¢ial Reporting S¢&ndard plIcable in the UK and Republic of Ireland, and the Charitics and Trustee Investmcnt (S¢otland) Aet 2005. The financial sthtements have b¢¢n prepared under Ihe historical cost convention. IDcome All income is rc¢o8ni$¢d in the Statement of Financial Activities once the charity Iw ¢ntitl¢]ll¢ut to the fullds. it is probable that the income will be received and ihe Jmount can be rn¢asur¢d r¢liably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or ¢onstru¢tiv¢ obligation eommitting the charity io thai expenditure, it is probable that a transf¢r of e¢onomi¢ b¢n¢fits will b¢ r¢quir in settlement and the amount of the obligation can be measured reliably. Expenditur¢ is aceount¢d for on an ral$ basis and has b¢¢n clas$ifi¢d wid¢r headings that a88r¢gate all cost related to the category. Where wsts eanntst be directly attribut¢d to particular headillg5. th¢y have be¢n allocated io a¢tivities on a basis consistrnt with the use of r¢sour¢¢$. T#xatAo The charity is exempt from tax on its charitable activities. Fuf4DRAISING ACTIVITIES 2025 2024 Fundraising activiti 3.571 INVESTMENT INCOME 2025 2024 Interest received Gain on sale of investsnents 2,490 2,419 TRUSTEES, REMUNERATION AND BEIYEFITS There were no trustees, rcmuneyation or other benefits for the year ¢d 315t August 2025 nor for the year ended 31 st August 2024. Trustees, expenses There were no Intee$, expenses paid for the y¢ar ended 31st August 2025 nor for the ended 3 1st August 2024. Page 7 continu¢d...
Hol Trlnl Cburcb Not¢$ to tbe Financial Statements- ¢ODtiDued for the Year Ended 31$t Au yst 202S COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund R¢stricted fiwd Total funds INCOME AP4D ENDOWMENTS FROM Donations and legaci 34,331 34,331 Fundratsing actlVLties Inv¢strn¢nt illcome 3.571 3,571 6,566 Tot41 44,468 44.468 EXPENDITURE ON Charltable AetlvAties General 46,507 46.507 NET INCOMEI{EXPENDITURE) (2,039) (2,039} RECOLYCILIATION OF FUNDS Total fuDds brought fonv*rd 28,362 10,000 38,362 TOTAL FUNDS CARRIED FORWARD DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Other debtors CURRELYT ASSET INVESTMENTS 2025 2024 SEC Unit Tn&st Pool (¢ost) 36,434 Mark¢t valu¢ at 31st August 2025 £79927 (2024 £74,72D. Page 8 continued...
Hol TriDit Ch Notes to *be Financial Statements- continued for tbe Year Ended 31st Au st 21125 CREDfTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2(J25 2024 Trade creditors Oth¢r ¢wditors $208 268 268 LOANS An atlysIS of th¢ maturity of loans is given below.. The loan from the Dioc¢5e of Glasgow and Galloway towards th¢ parsonag¢ r¢novation woks is illtercst free. In the absence of any update from the Dioce thc tNstcu hav¢ wm)y)r¢d paying down th¢ loan during the y¢aT.. 2025 2024 Amounts falling due withill on¢ year on denwid.. Othcr loans 16,083 16.483 10. MOVEMENT IN FUNDS Net movement ill fimds At 31.8.25 At 1.9.24 Ullrestrleted funds Gcneral fund 26J23 {9,267) 17,056 R¢$tric¢ed fund5 L¢ga¢i¢s 10,000 10.000 TOTAL FUNDS 67 27.056 Net movem¢nt in fijnds, in¢lud¢d in th¢ •bove are as follows.. Incoming resourccs Resow¢ exp¢nd¢d Movement in fund5 UDre$trirt¢d funds General fvnd 511,135 (59,402) (9367) TOTAL FUNDS 50.135 59 402} Page 9 continued...
Hol Trinitv Churth Notes to the Financial Statements- eontlnued for tbe Year Ended 31st A ust 2025 MOVEMENT IN FUNDS- e•thtlDued Comparative5 for m•vement in fllnds Net movement in fid5 At 31.8.24 At 1.9.23 UDr¢5tricted funds G¢n¢ral fund 28,362 (2,039) 26,323 Res¢rleted funds Legacies io.o(rf) 10.o(xi TOTAL FI]NDS 38.362 2.039 Compardtive net movement in funds, included in the above as follows: Incoming r¢sourc ROUrCeS nd¢d Movement in funds Unrestricted fuDds General fill 44,468 (46,507) (2,039) TOTAL FUNDS 44.468 46.507 {2,039 A current year 12 months and prior yeaT 12 months combitied POSAiion is a$ follows- N¢t mov¢rnent in funds At 31.8.25 At 1.9.23 Unrestricted fwids General nd 28,362 (11,306) 17.056 Restrleted fund$ Legaeics 10,0 10.0 TOTAL FUNDS 38,362 11,306) 27.056 A current y¢ar 12 months and prior year 12 montbs combiD¢d n¢t movement in funds, ijL¢lud¢d in th¢ above are as follows.. Incoming r¢sourc¢s R¢sour¢es expended Mov¢m¢nt An funds Unrestricted funds G¢n¢ral fund 94,603 (105,909) {11,306) TOTAL FUNDS 1105 9(19) 11,306 Page 10 ¢ontinued...
Hol TrIlIV Cburc to the Fillancial Stalem¢nt5- contitiued for the Year Ended 31st A ust 2025 ii. RELATED PARTY DISCLOSURES There w¢re no r¢la(¢d party transactions for thc ycat cndcd 31st August 2025 or for th¢ pr¢viou5 year. Pagell
Hol TrilIV Cburcb Det*iled Statement of Financial Activities for th Year Ended 31st Au U5t 2025 2025 2024 INCOME AF4D EIYDOWMENTS Don#tlons and legacles DonE4tions received Gift ald Stipend support 38921 4.8711 30.331 4,000 43,791 34,331 Fundrai$iThg A¢tlvltles FundraisiDg activities 354 3,571 Investment ineome Intcresi received and gain on sale of investmenis 6,566 Total In¢oming resources 50,135 44.468 EXPENDITURE Charltgbl¢ 4¢¢ivi¢ies Reetor costs Diocesan quota Property repairs Insurance Athninistrative expcnses H¢at, light and cleaning Rat¢5 18,789 2.517 16,584 4,697 3,471 111,027 18,240 2,223 7,611 4.527 3.006 7.991 2,9119 59,402 46.507 Totsl resources expended 46,507 Net incomel{expenditure) 2,039) This pag¢ does not forni part of th¢ statutory finan¢ial ststements Page 12