The Church of Scotland Aberdeen St Stephen's Church ACCRUED J (SORP COMPLIANT ACCOUNTS) Congregation No: 311900 Charity No: SC 014120 2025 Reference and Administrative Information Charity Name.. Aberdeen St Stephen's Church Charity Registration Number: SC 014120 Congregation Reference No.. 311900 Contact Address: Mr Alan W()ud ?7 Corsc Driv¢ Bridge of Don Aberdeen, AB2_1 8LN Trustees Elders Board i¥lembers Rev Maggie Whyte MT5 Margaret Bandeen Mr Charles Beaton Mr5 Vera Beaton Mrs Boja Ejidiran Mr Rodd>' Hayes Mrs Sandra Jamieson Mrs Dorothy McKay Miss Lesley Mowai Mrs Fran S¢oit Mrs Eileen Simpson (trans to inactive list June 2025) Mr lan Siiiherland Mrs Isabelle Tough Mr .Ililll Ivood Mrs Irene Alexander Mr Jeff Arnold Mr Eddie Bandeen Mrs Isobel Bruce Mrs Jenny Dalniaine Mrs Anne Flett (deceased during 2025) Miss Hazel Geddes Mr Andrew Hopwood Mrs Helen Hopwood Mr Eric Law Mrs Shirley Sutherland Miss Ruthie Whyte Principal Office-bearers Mjnister: Session Clerk.. Clerk to the BOaTd. Church Treasurcr-. Rev Maggi¢ Whyte Mr lan Sutherland Mr Eric Law Mr Alan Wood Independent Examiner Miss Fiona Massie 26 Provost Robson Drive Laurencekirk Aberdeenshire AB30 IBU Bankers R?nk ryf qcntland 39 Albyn I'l(tce Aberdeen ABIO IYN Trustees, Annual Report Year ended 31 December 2025 Structure, Governance and Management Governing Document The Church is administered in accordance with the tenns of the Model tked of Constitution. Reeruitment and Appointment of Trustees Members of the Kkrk Session and the Congregational Board are the charity trustees. The Kirk Session rnembers a the elders of the church and are chosen from those members of the church who are considered to have the appropriate gifts and skills. The minister, who is a tnember of the Kirk Session, is elecled by the congregation and inducted by Prcsbytery. The Congregational Board is appointed from within the congregation a.nd members of the congregation are invited io nominate individuals who are believed to have the skills aJ3d corrLmiLment to contribute 'to the rnanagement affairs of the Church, to becolne members of the Board. Board Members are th'en appointed at the Stated Annual Meeting and serve for a period of tbxee years after which they must seek re-eleEtion at the next Stated Annual Meeting.. Organisational Structure The Congregational Board is chaired by the minister and meets four (4) times in a year. Certain responsibilities are delegated to Ihe Business Committee as appropriate. The Kirk Session which meets five (5) time5 a year 15 responsible for spiritual affairs within the Lhurch. Objectives and Activities The Church of Scotland is Trinilarian in doctrine. Refonned in tradition and Presbyterian in polity. It exists to gloriFy God and to work for the advancement of Cbxist's Kingdom throughout the world. As a national Church, it acknowledges a distinctive call and duty to bring the ordinances of religion to the people in every parish of Scotland through a territorial ministry. It co-operates with other Churches in various ecumenical bodies in Scotland and beyond. Aberdeen: St Stephen's Parish Church seeks to ￿lfIl the above objectives through its services of worship, Cafe Church, Sunday School, Beta Nights, Guild, Sports Activities, Chatterbox, and fundraising for the Chiirch, Charities and school chaplaincie5. St Stephen'5 is also part of the Old Aberdeen Parish Grouping created under the Presbytery Plan which includes St Macliar and Old Machar churches. Trustees, Annual Report (cont) Year ended 31 December 2025 Achievements and Performance At 1st January, 20.25 Aberdeen St Stephen'5 Church have one hundred and ¢leven (111) 'members on the Conununion Roll. Communicants admitted during the year was two {2). zero {0) by Pmfession and two (2) by Certificate. Cornmunicants rernoved during the year was five (5) - two (2) by death and three (3) by Certiflcate and zero (O) otherwise. Communicants on the Roll at 3 1st December 2025 one hundred and eight (108). Sixteen (16) children under seventeen (l7) years of age are involved in the Life of Congregation and sixteen (16) adults eighteen (18) years or over who are not on the Cornmunion Roll. Elders numbeT twelve (12)- four (4) male and eight (8) female. Members of the Congregational Board number eleven (I l) - four (4) male and seven {7) fetnale. There was one (l} baptism. zero (O) of which was an adult baptism and zero (O) Child Blessing. Zero (O) weddings were peTfortned and two (2) funerals. Finaneial Review The principal source of.income for Aberdeen St Stephens Church is through weekly offerings being £42.764, an increase of 15 % from the previous year. Members have signed up to give through,Gift Aid with sixteen (16) members giving througEL standing order. The church has actively undertakeTh to highlight the benefits available to the congregation by giving donations through Gift Aid. Fund raising activities are targeted for specific clwities throughoiit the year. Reserves Policy At the year end the Church held unrestricted cash funds of £1 52,694 and this represents approxirnately twenty one (21) months expenditure. The Church also held £2,509 of restricted funds. The church uses interest from the reserve to catry oiit regular repairs and refurbishments to the church, hall and rnanse. Our policy is to retain the capital and use the interest to maintain an ongoing programme which ensures an acceptable level of rnainlenance. Trustees, Annual Report (cont) Year ended 31 Deceniber 2025 Statement of Trustees, Responsibilities The members of the Kirk Session I Congregational Board must prepare financtal statements which give sutTicient detail to enable an appreciation of the transactions of the Chureh during the financial year. The metribers of the Kirk Session / Congregational Board are responsible for k¢¢ping proper accounting records which. on requesL must rcflect the financial position of the Church at that time. This must be done to ensure that the financial stakrnents comply ￿ryth the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regiilations 2006 and the Regulations Anent Congregational Finance approved by the General. Assetnbly of the Church of Scotland in 2007. They are also responsible for safeguarding the assets of the Church and must take reasonable steps for the prevention andlor detection of fraud and other irregularities. Approved by the Trustees and signed on theii beh￿f. lan W G Sutherland lan Sutherland Session Clerk Date . St Stephen's Church SC 014120 Independent Examiner's Report to the Trustees of St Stephens Church I report on the accounts of the charity for the year ended 31, December 2025 which are set out on these pages. Respective responsibilities of truste¢$ and examiner The charity truslees are responsible for the preparation of the accotmts in accoTdance with the ternis of the Charities and Trustee InvLstrnent {Scolland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. Thc ch￿lty trustees consider that the audit requirement of Regulation 10(1 ) (d) of the Accounts. Regulations does not apply. It is my responsibility to examine the accounts as r¢quired under section 44(1) (c) of the Act and ro state whether particular matters have come to my attention. Basis of independent examiner s statément My examination is carried out in accordance with Regulations I l of the ChaTities Accounts (sC￿land} Regulations 2006. An exarninalion includes a review of the accounting ￿COrdS kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items of dis¢losures in the accounts, and seeks explanations from the trustecs concerning any such matters. The procedures undenaken do not provide all the evidence that WOLLld be required in an audit, and consequently I do nol express an audit opinion on the view given by the accounts. Independenl examiner's statement In the course of my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect the requirements.. To keep acco￿ting records in accordance with Section 44(l) (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 9 of the 2006 ' Accounts Regulations have not been net or, to which, in rny opinion, attention should be drawn in order to enabl¢ a proper understanding of the accounts to be reached. Name Fiona Massie Address 26 Provost Robson Drive Laurencekirk Aberdeenshire AB30 IBU Date 01 May 2026 Signature St ben's Church Income & Ex enditure Account Y¢&r ed 3r.DEcember 2025 Unrt$tri¢ted Funds. 2025 Rtstr¢¢ted Fund5 202S Ettdowment Funds 2025 Totsl 2025 , Total 2024 'Recei Doniltions lJegacÉes Acttvities for Gen¢r¥ll4g Fuods interest Deposit interest Inve5trnent ineome Note ' 114,593.43 0.00 114,593.43 91.787.06 0.00 0.00 1,332.89 115,926.32 1,332.89 .1 l5.926.32 2.560.50 94.347.56 0.00 0.00 Restrve GeDer41 Purposes Lopty Fllnd 0.00 0.00 0.00 0.00 0.00 0.00 o.oo' 0.00 Total 115,926.32 0.00 0.00 11S,926.32 94.347.$6 ments (11)51s of generiting funds Ch8rltable llc¢lvltles Governante coyts Other Re5crvr CJtrnéf41 Purpo9 men .165.00, 90.845..18 165.00 90.845.18 250.00 86.937.31 o.'oo 91,010.18 0.00 9I.010.18 87,l87J.I c¢sJ .of Hectipts over P*ymtffts ror the year before trAnJftrs 24,916. 14 24,916.14: 7,160.25 Transfer$ 0.00 0.0 0.00 Ex¢eg$ of Recelpt$ over PAymtnts ror the year 24,9.16.14 0.00 0.00 24.9l6.14 7,160.25 SI S￿D￿en￿.9 Churrfi Aberdggn Annual accounts for the eriod n1.￿1￿20 CC17a 31-DeG-25 Statement of f inancial activities RuSUiit¢d lund5 Fr.dowTr.ent Tulal 2QZS ZQ24 Incomlng rn8outC06 (Not• 21 Incamo ind ondowmeThLI fTQm'. F01 F02 F03 F04 F05 113 238.43 91 047 a6 1rt¥811ffl8nLI oth•r 1.332 B9 1.355.00 115,gZ6.32 1,355 00 115.926.32 40 Totsl Incorno o.oo 94.347. R••ourtseclaled w￿h meetlng the constilutlonal and s181utory requlremenls of the charity. Support Costs inc5ude 811 property antt adminl8lralion costs. Tre Board has takon th• viaw not lo allocate these cos15 be￿en restricted and unr?$lrEcted funds Flxad AB88ts The charity has the rfght lo o¢¢upy and vse for its Char￿ble oble¢liv99 ¢ert8in tangibla fixed 8S8ets, ￿n￿L￿1n9 the Church, hall and manse, vested in th8 Church of Stotland ￿neral Trustees. No consbJer¥lion is p8y&b for the use of the38 a8sels. Expendlture Incurred on Ihe repairf and fflainlenanGe of thèse assets Is charged a$ resources expended in the si4lem¢nl of Fin8ncl41 Activille$ In the pgdod in which the liabillly arK8e8. Investments Flxed asset Inveltmenls are staled at market value al Ihe balance Sheet date. Unreallsed g8ln$ and10￿0$ represanl the difference belween the mathel vglue al the ￿gInning and end of the financial year or. if purthased in the year. differente between ¢DsI and market val￿8 al the end of the year. Realised gains and Ioss8s repres8nl the difference batsyee the procA8d8 and di8P05al and th? fflarket V81ue al the start of the year or cost rf purch8sed in the year. Taxatlo St Stephen's Church 1$ recogniserl as a charity lor the purposes of applicable lknallon legislatio ond is therefore not subject lo tkniion on ils chaThlable aclivilias. The charity is not fygi$ieod for VAT and r88ources expended therefore include irrecoverable input VAT. Chu Notes for rtof rinanclal talements r ènded JI Decem￿￿2025 Restfi¢ied Funds Endr*vmont Fundi F￿ndS Tcrtal .2025 20U' 202 Offefin95 T3, x reC￿ra￿ ￿ GiftAid Rebjrn of Investmwl Olhar 42.764.54 8.747.42 eo.912.47 814.00 113.238 43 D.UO 0.00 o.oo 42,764.54 ,747.42 60.912.47 814. 113.238.4& 38,OQO.49 7.990.e6 45.OS5.89 0.00 0.00 107,028 42 2 In¢omo from charltabla actl¥lU 0.00 0.00 0.00 3 Incom• from oth•rirndln9"•¢V￿l Rent rece l.J$3.00 1.355.00 0.00 1 355.00 ' 740.00 4 InvHtment Incom• Dlvidond$ rgcoivsd 1,332.8 1.332.8 0.00 o.oo o.oo o.oo 1.332.89 1.332.09 2.$60.$0 i oth•r Incom•. 000 0.00 .00 0.0 115 926.32 110.J28.92 6 Anatyil& of Exp•ndltur• Offedng Envelopes 185.00 16500 1e5.00 250.00 Charftllblv llGtMtI•a'. MinlslrièB & MiÉsh)n alkcalbn Preswery due Mini3101'1 4xpen¥¢ Pulpit¥uppty Fabric rep8iis & maint•rh￿7 Coundl fax 24.940.00 1.421.00 3.44U.?g Z4.940.UO 1',421.00 3,448.29 1,120.24 3e,721.05 4,167.01 ,451 97 5,718.78 2.885 00 443.54 4.728 30 90.84S 18 3S.426.00 2.710.00 3.274 86 1.3JS.00 23,8¥e 46 3.919.eè 4.839.32 4,869,24 2,180.00 49S.80 3,eBO.79 88,937.31 o.oo O.OD O.OD 0.00 0.00 0.00 0.00 0.00 0.00 0.00 ooo .0.00 0.00 0.00 o.ao 0.00 0.00 c.00 0.00 0.00 0.00 38,721.05 4,167.01 5.451.97 1.718.78 2.e86.00 443 54 4,728.30 •D,845 18 Iniuranrx Orgon & M￿81 Pnniing, st•uon•ry4nd pbJt4 .lJlher 8xpen8e r•t*i 91,010.18 B7 187.J1 7 Stallc05ts and fflumbor8 Salane9 wage5 Soual sBcurtycDsts Total ooo 0.00 000 000 0.0 0.oo D.QQ 00 0.00 o.ou 0.00 The average numberof empknyees durfng Ihty&arwas8sfollLVdg'. nislenal support Administration Mu&c staff Premi¥8s mairtenan 20ZS Nurnber 2112A .Nurn￿r I Church ofso)tl8nd cty19￿4tt0n5Contributre lo ￿ Nabonal Stspend Fund b&Afs the cos15 ofall ministei8' Blipends and EthpIDyoT'5 coDinbuton3 for n8bN81 Insuran¢e, pensron 8tQ and loan hJnd. Min19ter8' sbp2nds are Pai0 In accorOaDce the n81￿￿81 Btrpend sca￿. is rei8tod to year5 01 $￿ice. ForlhÉ y0arunderrevwlr￿ minimum supgnd wasE32,433 and malmum 8bpend lin the fifth ond $ubsoqueThl yèars ol EetvKel £39,856. 8 Tru8teo Remun•ratTon ind R•l4tfrd P4rty TraniacNono Durin4 I￿Yearcne{1 1 Irusle85 recelved Teifflbursgm8nt of oxpen8•8 ￿cUrred toL4lllNJ'. 7.616.30 9 T8n4lbl• Flx•d AA••ts Olll¢• EA￿1pM•￿t Cost Al l January 2025 AddhiM$ Disposaly A$8131 Docomber 2025 o.¢0 0.00 0.00 0.00 OOD AGcumul•led D*prry¢iaiion Al 1 Jan￿ry 2Q25 Chaw lor year Elirninated on dlaposali Al 31 Oecernber 2025 0.00 0.00 0.00. ODO a.00 0.00 0.00 o.oo Net Book V41 Al 31 Decémber2024 0.00 Al 31 D•¢•mMi 2025 10 InvMtrn•nt• 2025 2024 Mathel Valw 4131 Dettmber 2024 S8le ol Unh un￿allS0￿ g*in 1110881 on invtysimeni* ma￿e1 ai 31 D￿rnber 2025 E6.38 59.972.00 49.377.UO 4.700.00 84.672.00 ,406. 59.972.00 ¢4¥h OeptrAlI ai Church Office 114.04 98A1 3onk ofscodand {G Trug5i0r> 53.85Q.04 Totsl lThv••tmMts 118.636.oe Investments al ¢￿t 31.323.59 31.323 5 Bank ofs¢oU•nd TrFasur&rB o 41 871.40 34,199.81. 11 DetJtor4 HMRC Chafnie5 GIttAd 0￿paymBnlOl M & M laving to Growi -119. -119.00 0.00 11 Credkn Much Loved Lepr05y MIS￿ ColSM&M Inislers Travel JOR Prop 5,184.89 5,184.89 812.55 15,307.00- 480 00 763 80 5.IB 13 Anaty91B of 14otABAOts knong Funds Ro•titct•d Tots5 Flxgd Assets IDvesimènts CurreDtAs5ets Curront LiatrAIIMès N•tAss•ts at 31 Doc•m*4r2QlS 0.00 0.00 2,509.15 0.00 2,809.15 D.QO 118.636.08 41,752.40 -5.184.89 155,203.59 118.636.08 39.243.25 -5.184.89 ,654.44 o.oo 00 0.00 ar• ro ￿¢￿ent Funos 14 Voluntee In common%tyilh all DJn9tegotion$of ￿Church of Swtyano thpth)ngRgBlion bBn&ffl8from the owtribulion fflade by volunle¢r¥ whoglve thelr Ume •)d ta￿15 *lllinotyTLw*e b&iefil ol ihe C￿(th. TPrtwea$of ￿ngreSsI1¢r01 life y1￿ch rety th6c￿LnbUt￿n or￿U￿18¥s ale many and varred and much of the adivitywouldbe unable ￿ coDbnUsy￿l9lI Dot the tommrftnenl sh￿. IS Mov•m•nt In Fund¥ At1 Jan￿ary 2025 At31 Detomber I￿￿0￿1￿9 R••ourc•B Outgoing R•Jour£ Tranjfern 1025 Endr*v￿g￿t￿Jndi 0.00 0.00 R•sirl¢tod Fund$ Youth Wort Fund Gr8lulW Fvnd FibrtG Fund ant Pot Drw In Cenw* sthrtar Packl 98.80 1.157 72 503.40 32.51 e38.43 802J 2.sog 15 000 990 oao 000 4.)0 ooo 503.40 3257 630.43 80.23 2.509.15' ooo Joo oge -190 .).Jo Vnrnutrfctgd lund• Ge￿￿ra1 Fund lof? 894 44 YO￿ lund• 183,909. .53 881.88 Thwtgre no fvndi MO. For the ￿n￿rInce¢l llrtiual 8UPPOrtand f•iiOw8h￿ *iLPdn pd•h. Forth8 fvrthordnr*of S￿dIVal gUFVOrt8nd tsllrrN8hlpYlthln thè padèh. APPENDIX FUNDS HELD ON BEHALF OF THE CONGREGATION BY THE CIIURCH OF SCOTLAND GENERAL TRUSTEES 2025 2024 CAPITAL AccouKr Cr¢dit B&laiices h¢ld 8t 31 December at c(Ist 31,437.63 31,422.40 4rket Value of Balance5 4¢ 31 December 64,672.00 59972.00