Charity Reference: SCO 1362S
scorrisH EPISCOPAL CHURCH
DIOCESE OF MORAY ROSS AND CAITHNESS
SAINT NINIAN'S CHURCH, INVERGORDON
REPORT OF THE VESTRY AND ACCOUNTS
YEAR ENDED 30 SEPTEMBER 2025
Inland Revenue Reference: CR41998

SAINT NINIAN'S CHURCH. INVERGORDON
REPORT OF THE VESTRY AND ACCOUNTS
YEAR ENDED 30 SEPTEMBER 2025
Contsnts
Pago
Referen￿ and Administration Infomiation
Trustees Report
3to5
Independent Examinerfs Report
staternent of Financial Activities
Balan￿ Sheet
Notes to the Accounts - PolicwJ
9t010
Notes to the Accounts - General
11to12
Page 1

SAINT NINIAN'S CHURCH. 114VERGORDON
REPORT OF THE VESTRY AND ACCOUNTS
YEAR ENDED 30 SEPTEPABER 2025
Refor•nce and Administration Inforn￿tiOn
Charity Name and Addre88:
st Ninian's Episcopal Church
Saltbum Road
Invergordon
IV18 OHH
Charity Reference:
SCO 13625
Charity Tru8te•8:
Nomia Wilford
Julia Raban-williams
Helen Banner
Rosie 8elben
Timothy D Q Thackray
Secretary and Altemative Lay Representative
Lay Representative
Other 0ffl¢orn
Rev Julia Boothby
Robin Naim
Regional Missioner for Ross-shire
Treasurer
8ank•rn
Royal Bank of Scotland
53 H￿h Street
Alness
IV17 OSH
Independent Examlner
Donald Harvey
121 Overton Avenue
Invemess
IV3 8RR
Sollcltof
MaC￿0d & Ma¢Callum
28 Queensgate
Invemess
IV11DJ
Page 2

SAINT NINIAN'S CHURCH. INVERGORDON
TRUSTEES REPORT
YEAR ENDED 30 SEPTEMBER 2025
As the Charty Trustees of Saint Ninian's Episcopal Church, Invergordon, the Vestry
presents its report and accounts for the year ended 30 September 2025. These
accounts have been prepared in accordan￿ with the Statement of Recommended
Practice.. Accounting and Reporting by Charrties (March 2005).
Managemènt and Control
The church of St Ninian's Invergordon is a church of the Scotttsh Episcopal Church,
in full communion with the Anglican Church. The present Constitution of the Church
was approved in January 2012. It is available for inspection if required. For the
purpose of Charities Law, the members of the vestry are the Charty Trustees of the
Church. The Bishop of Moray Ross and Caithness has pastoral oversight of all the
congregations within the diocese, and all congregations are subject to Canon Law of
the S¢￿ttl8h Episcopal Church.
The members of the vesty retire in rotstion arKI are elected at the Annual General
Meeting. The Vestry appoints the Vestry Secrelary and Treasurer. The Vesty and
the Bishop of the Diocese appoint the Priest in Charge.
All Vestry Members are able lo obtain a copy of the 'GUIdan￿ for Charity Trustees"
issued by the Office of the Scottish Chaty Regulator. New Vestry members have
induction training on their role as a Trustee.
The Vestry reviews regularly the maior risks to which the Church is exposed and
systems and procedures have been estsblished to manage those risks.
ObJoctlve8 and Actlvltles
The objectives of the Vestry are to advance the mission of the Christian Church,
through worship, servi￿, and fellowship. These objectives are carried out through
mission and pastoral activiti'es. The principal activities of the Church are public
worship and spiritual development of its members.
Donations are made regularly to charitable causes that provide benefits to
disadvantaged individuals and communities in Scouand, the rest of the United
Kingdom and overseas. In carrying out these objectives the Vestry depends on the
contribution. both human and material, of many volunteers from the congregation.
Activrties include contributs'ons to the preparirvJ, p8tb'cipating and contributing to the
worship.
Page 3

SAINT NINIAN'S CHURCH, INVERGORDON
REPORT OF THE VESTRY
YEAR ENDED 30 SEPTEMBER 2025
Revi•w of the Yèar
The vestry wtth the help of Rev John Cuihbert and Rev Julia Boothby under the
direction of Bishop Mark Strange have been reviewing the administrative structure of
the church across Ro&8-shire. These plans are yet to fomially adopted.
In December 2025 the vestry and congregation approved the part purchase of a new
reclory with the Diocese for Rev Julia Boothby. The maximum investrnent was
agreed at £100,000. This purchase will be funded by part sale of the SEC Unit
Trusts. This purchase has not yet been made
The Vestry and the Bishop have agreed to use the 'distribution" made on the SEC
Unit Trust Units that we own to fund the operating costs of church and not to
reinvest the funds in further SEC Unit Trusts. The distribution was £5,873 (2024 -
£5,310. St Ninian's made a surplus of £1,571 {2024- Deficit- £16,650) on ordinary
activtties. Restrictive resetve relates to Tea, Tales and Treats making a deficit of £46
in the year. The SEC Inveslments are shown at valuation within the financial
statements 2025 - £199,944 (2024 - £180,960).
Reserv• Policy
St Ninian's sold its Rectory in 2001. The net proceeds of the sale have been
invested in SEC Unit Trust Units. The proceeds together wrth the associated interest
have been transferred to a specific desgnated reserve for future projects. The Vestry
of St Ninian's can only spend these funds after approval at a General Meeting of St
Ninian's congregation and by the approval of the Di0￿san Trustees. The Vestry also
regularly reviews its general reserves to ensure that suffi¢i&nt funds are in place to
meet its commitments over the short and medium term.
Inv￿tment Pollcy
The Vesty also keeps medium temi funds in certain Banks and Building Societies.
Associated 8odi08
St Ninian's makes payment to the Dioc&8e of Moray Ross & Caithness as
contribution to pay for costs incurred by the Diocese and the Province of Scottish
Episcopal Church. There are no material Iransactions with any other connected or
associated body.
Page 4

SAINT NINIAN'S CHURCH. INVERGORDON
REPORT OF THE VESTRY
YEAR ENDED 30 SEPTEMBER 2025
Statement of R•8ponsibilitiO8 of Membern of tha Vestry
Charities Law requires the persons Con￿rned in the management or control of every
recognised body to prepare accounts for each financial year, which show its results
for that period. In preparing those financial statements the members of the Vestry
are required to:
Select suitable accounting policies and then apply them consistently.
Make judgements and estimates that are reasonable and pwdent.
Prepare the accounts on a going concem basis unless it is appropriate to
presume that the Church will not continue in operation.
The members of the Vesty are responsible for keeping proper accounkn'ng records.
which disclose with reasonable accuracy at any time the financial position of the
Church and to enable them to ensure that the financial ststements comply with the
relevant legislation. The members of the Vestry are also responsible for
safeguarding the assets of the church and hen￿ for taking responsible steps for the
prevention and detection of fraud and other irregularities.
In Concluslon
In conclusion, the Vesty wishes to thank all members of the Congregation who help
in so many different ways in carying out the work of the Church, without whorn
nothing would be possible.
By Ordèr of the Vestry
Julia Raban-williams
25 March 2026
Page 5

INDEPENDENT EXAMINER'S REPORT TO THE VESTRY OF
SAINT NINIAN'S CHURCH. INVERGORDON
I report on the accounts of the charity for the year endal 30 September 2025 which
are set out on pages 7 to 12.
Respective rnsponsibilities of trusteas and •xaminor
The charity's trustees a￿ responsible for the preparalion of the accounts in
accordance with the terms of the Charittes and Trustee Investrnent (Scotland) Act
2005 and the Chartties Accounts (Scotland) Regulations 20(￿.
The charty trustees consider thal the audTt requirement of Regulation 10(1) (a) to (c)
of the Accounts Regulations does not apply. It is my responsibilrty to examine the
accounls as required under section 44{1) {c) of the Act and to state whether
parts'cular matters have come to my attenlion.
Basls of Independent examinorf• $tst•ment
My examinalion 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 conceming
any such matters.
The procedures undertaken do not provide all the evidence that woukl be required in
an audit. and consequently I do not express an audlt opinion on the view given by
the accounts.
Independent examlnerfs 8tatem•nt
In the course of my examination. no matter has ￿)me to my attention..
which gives me reasonable cause to believe that in any material respect the
requirements..
to keep accounting records in accordance wth Section 44(1 }(a) of the
2005 Act and Regulation 4 of the 2006 Accounts Regulations, and
to prepare accounts which ac￿rd with the accounting records and comply
with Regulation 8 of the 20[￿ Accounts Regulats'ons,
have not been met, o-,
2. to which, in my opinion, attention shoukl be drawn in order to enable a proper
understanding of the accounts to be reached.
Donald Harvey CA
121 Overton Avenue
Invemess
IV3 8RR
25 March 2026
Page 6

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St Mlnlan* E￿￿0paI Church 1Th￿rg0rd
A• ot 30 S•ber 2025
2025
2023
Long T•rni Inve8lmonts
Investments
12
199.944
180,960
Current A8$0ts
Debtors
Cash at bank
13
14
3.951
10.518
14,469
7,397
12,947
Totsl A••ots
214,413
193,W7
R•prnMnt•d by
Unmtrfctod R•Mr
De8ign&t8d Re8ervg
RestrKted Rèsepio
General Fund
199,944
415
14,054
180,
12,483
214,413
193,
These ac£tyJnts Wfj￿ 4ppro¥ed by tho Vesty on the 25 Math 2025. a￿1 4ignod ￿ Iheir ts8￿11
Jull• RAb•n-Wllll•m•
S•¢r•tsry
Robln V N•lm
Trna•ur•r
Tho n￿1 on pgg88 9 10 13 fomi part ofthos6 a¢￿u￿18

SAINT NINIAN'S CHURCH, INVERGORDON
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2025
Accounting Polici08
Basis of preparation of tho Flnancial Stat•ments
The financial ststements have been prepared under the histOriC81 cost
convention with investrnerrts shown at their current valuation and are in
accordan￿ with the applicable accounting standards, the Charities Accounts
(Scotland) Regulations 2006 and Accounting and Reporting by Charities..
Statement of Recommended Practice (SORP) issued in 2005.
Nots 2 explains the general purpose of St Ninian's Church funds.
b)
Congr•gational glvlng, donations, l•gaclo• and 8lm51ar Income
Congregational gNing is accounted for when it is received. Donations,
legacies and similar income are accounted for when St Ninian's becomes
entrtW to the income and a reliable estimate of the amount to be received
can be made. Grft Aid tax recoverable is accounted for at the kn'me when the
associated income is re￿ived.
Dlsposal of Inveslments
Realised profits and losses on investrnents are recognised on the date of
disposal and a￿ included in the Notes to the Ststement of Financial Affairs.
d)
Governance Costs
Govemance costs relale to those costs rE(￿Sary to provide the govemance
infrastructure which allows St Ninian's to operate and lo generate the
information required for public accountabilty.
Page 9

SAINT NINIAN'S CHURCH, INVERGORDON
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2025
Apportionment ol Support Costs
Resources expended are shown in the statement of Financial Activtties
categorised by charitable activty and govemance costs in accordan￿ with
the requirements of the Statement of Recommended Practice. Certain costs
and grants awarded are capable of direct attribution lo the categories,.
however other costs are attributed to more than one calegory. These costs
have been apportioned based on time and resou￿$ allocated to them.
Fund8
Unrestricted funds are available for use at the Vestry's discretion of the
Church's objectives; restricted funds are those given for specffic purposes.
Designated funds are unrestricted funds that have been allocated for
specific purpose by the Vestry. St Ninian's has two Funds
Unrestrlctsd Fund8
Genoral Fund
Fund8 held for the general work of the church.
Deslgnatsd Fund
These funds derive from the sale of the Rectory in 2001. The Vestry of St
Ninian's can only spend these funds after approval at a Generdl Meeting of St
Ninian's congregation and approval of the Diocesan Trustees.
Restricted Fund8
St Ninian's has no restricted funds ex￿pt for Tea. Tales and Treats where
money is raised specifically for this activty
Page 10

3 COngr•9•￿nI1 Wvlng
2024
Covth)anted
Tax
13.986
2.921
16,￿7
13292
3,076
16.368
16.frJ7
16,368
4 In¥o•tThnt•
SEC In¥•thi¢rt•
Bank Int•rn*l
5.873
287
8.160
5,310
179
5.489
• Grnrt¥ Trc•lv•d
Stair tbuglos Tru
150
7 Clwgy C••l#
sti￿ •nd naib)Ml InBinrit*
SEC p8n•bn fvJrKI
413
No•.
Nml)ef olenyty•• th8 war
th8n thom IwJrr¢d on t*hdlofth& C￿rth. Th Pthl *ilh Chwge li ex • memberollhevttby and a
c￿ %4ilh •cth* d•terri￿ byG￿￿ SyK#J oftr% Scott¢h EFttcwI ch￿ch.
g Pfo¥lncLql & tloc•w lau¢*a
2025
2024
si•nd8rd Qk
Mluion Quola
8.244
9.459
16,929
18,495
10 Go¥•n*nc•
Go¥omancocc*
Pw11

11 Spo¢ld Coll•¢t
2025
2W24
2024
Atthrtofth8yw
Sth olunts
IrKTr4881 Id8cr••MI InbYsbnorf1
S.932 89093
1￿.900
178,634
121.3lY]I
18,984
Ai8TrJ ofthe >••r
199,9M
1eAI.960
202312024
2023
Vakn•
Va
At itlrt of s•ir
S￿6 olur41•
Iwael Idocrn•gel ol IFMsts
6.748 1022S9
(81e> {12,
178.634
121.SiX)I
23.826
174.4
18,¢XXII
9204
Al eThJ oftho
178,634
T•¥
3.951
At bart
10,m
245
10.518
7,397
7.397
16 COMMkn￿Irt•
12