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2025-12-31-accounts

Edinburgh: Corstorphine Old and New Church of Scotland Charity No: SC014719

Congregation No: 010142

(formerly Edinburgh: Corstorphine Craigsbank Parish Church, Church of Scotland) (formerly Congregation No: 010021)

Trustees’ Annual Report Year ended 31 December 2025

Edinburgh: Corstorphine Old and New Church of Scotland Trustees’ Annual Report Year ended 31 December 2025

Page Contents

Trustees’ Annual Report 2025

The Trustees present the annual report and financial statements for the year ended 31 December 2025 for Edinburgh: Corstorphine Old and New Church of Scotland formerly known as Edinburgh: Corstorphine Craigsbank Parish Church (Church of Scotland).

The financial statements have been prepared in accordance with the Accounting Policies set out in this report and comply with (1) the General Assembly Regulations for Congregational Finance, (2) the Charities and Trustee Investment (Scotland) Act 2005, (3) the Charities Accounts (Scotland) Regulations 2006 (as amended) and (4) Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

The congregations of Edinburgh: Corstorphine Craigsbank Parish Church (Church of Scotland) (SC014719) and Corstorphine Old Parish Church, Church of Scotland, Edinburgh (SC016009) united on 1 January 2026 to become Edinburgh: Corstorphine Old and New Church of Scotland retaining Craigsbank’s charity reference SC014719. The Trustees listed in this document as at the date of signing therefore comprise those of the united congregation. The Basis of Union is shown in the Appendix.

Objectives and Activities

The Church of Scotland is Trinitarian in doctrine, Reformed in tradition and Presbyterian in polity. It exists to glorify God and to work for the advancement of Christ’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.

The church continues to serve a large settled, suburban, residential community, which includes a primary and a secondary school and a large, rapidly expanding housing development on the western edge of Edinburgh.

We believe our congregation is called to be a Christian faith community where life is celebrated, love is affirmed, and grief & joy are shared.

To achieve this high calling, we

The section of this report on “Achievements and Performance” refers to each of these topics in turn.

In the last two years’ Reports, details were given about the Presbytery Mission Plan, the implementation of which led to the union described above. Progress to the end of 2025 is described in the section “Achievements and Performance” while subsequent developments are included in the section “Plans for Future Periods”.

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Achievements and Performance

Develop engaging Christian worship and celebration of the Gospel

Corstorphine Craigsbank Parish Church carries out its work at two centres (East Craigs Church Centre and Craigsbank Church) as well as online. Regular Sunday Worship is held at 10.30am, alternating between the Craigsbank (first and third Sundays of each month) and East Craigs (second and fourth Sundays of each month) sanctuaries followed by socialising over tea and coffee. When there is a fifth Sunday in a month, a popular, more informal café service is held in the hall at Craigsbank. There are other acts of worship at festivals and special seasons of the year.

Every week, alternating between Craigsbank and the Old Parish congregations, a specially recorded 25minute service is produced and posted online (website, Facebook and YouTube) for people not attending the in-building service. These include hymns that were produced by the Singers during the Covid pandemic, led by the church musician (John Patterson). He also organised Winter Wednesday reflective musical events accompanied by various musicians and vocalists during January and February.

There are duty and welcome teams participating in the preparation and leading of worship events, prayers, readings, music and hospitality at both centres.

Corstorphine Craigsbank Parish Church is actively involved with its neighbouring churches for pastoral care and clergy support and participates in joint services and activities, including Remembrance Day events, Holy Week services and Christmas events. During 2025 the greater Corstorphine-wide ecumenical Good Friday evening service was held in the Craigsbank sanctuary.

Care pastorally and lovingly for the congregation

There were adult groups including a group for women that was formerly the Guild (now Network), a group of adult Singers (who regularly contributed during Sunday worship and for online recordings), a Lunch Club (Craigsbank), an adult walking group, an Alpha Course run especially for younger adults (which is subsequently continuing as a Bible study group), a parents of young children group, and a Fellowship Group (East Craigs) for older people. There were also congregational social events such as an annual Summer BBQ, coffee mornings, a Burns Supper, a Christian Aid Breakfast, and a Hunger Lunch.

All church members were part of one of 35 districts, most of which are overseen by either an elder or a district visitor, who stays in contact with the members, offering support and friendship in the process. A three times a year church magazine (The Bulletin) was posted to the members and a monthly digital newsletter (The Westoverland) which includes a Scripture reflection from the minister, notices and news updates from the congregation. The website is regularly updated with information, news items and the weekly online service video that is hosted on our congregation’s YouTube channel. The Facebook page of the congregation is also updated and contains links to the online reflections, and news keeping interested members informed and engaged. It has 348 members/followers following the site. The congregation’s YouTube channel has 486 followers and, at the end of 2025 had 387 videos uploaded, of which the most viewed one was viewed more than 68,000 times.

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There is a pastoral care team that meets regularly and arranges additional visiting for those in the congregation who need it. The team supports the visitors and makes sure that those in nursing homes receive a birthday and Christmas card as do all in the church who reach 90 years and over. An annual Bereavement Service is held on the first Sunday in December, offering support to people who lost a loved one in the preceding year or two. Following the Sunday’s service, flowers are often taken to members.

The minister visits members at home, in hospital and in care homes. Given the elderly average age of the congregation and the modal (most common) 5-year age group being the 86 to 90 year old grouping, an important part of the minister’s pastoral care focuses on leading funeral services and supporting bereaved members of the congregation and parishioners following the passing away of family members. There is an annual high tea held for those 90-years and older, of which we have more than 40 such members.

The Singers is effectively the congregation’s informal choir, made up of a dozen members, which also offers supportive fellowship to its members.

The Young Family Ministry held a few Messy Churches during the year for younger children. Until the start of the summer the ministry hosted a weekly Junior Music Makers music appreciation and participation event for the children whilst the parents meet over a coffee. We also have a very well-attended weekly Toddle Tots group at Craigsbank, annually closing for the Christmas holidays with a much-loved Christmas party. In partnership with Corstorphine Old Parish Church we hosted two holiday clubs – one in the April holidays at the Old Parish and one in the summer holidays at Craigsbank Church.

At the end of 2025 there were 277 members on the roll.

Charitably serve the community

The congregation is involved in several food bank projects throughout the year, as well as sponsoring specific Christian charities including Christian Aid, through various group and individual fundraising projects. Members of the congregation actively support and volunteer with the Edinburgh Care Van serving the homeless in the city and Fresh Start. Some members are also involved with the Corstorphine Dementia project.

There is a Playgroup at East Craigs Church Centre, as well as an after-school club. There is a breakfast club and an after-school club for schoolchildren at Craigsbank. The clubs and playgroups are managed by external service providers.

Other events for children and young people include uniformed organisations including the Rainbows, Beavers, Cubs, Scouts, Guides and Explorers with different age sections. In October, in partnership with St Mary’s SEC Cathedral and Music School we hosted a weekly primary schools choir that consisted of about a dozen children from 3 local schools.

Adult groups making use of the facilities included the Edinburgh Police Choir, the Bristo Community Brass Band, the Bohemians, and the Thistle Quilters. The local primary and secondary schools make use of the Craigsbank sanctuary for concerts and ceremonies. The Bohemians held a concert in the sanctuary with half the proceeds benefitting the church and half being donated to the Rock Trust. The congregation hosted the visiting African Children’s Choir. Support was given to the launch of the book “All the Women” by Linda McDonald, MBE which helped to raise funds for MUMs (Malawi Underprivileged Mothers).

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We have good ties with East Craigs Primary School and Craigmount High School through the chaplaincy of the minister at these schools. The minister ran weekly cricket coaching sessions at Craigmount High Schools. With the starting up of the new Maybury Primary School and it being occupied since January 2025, the minister has taken up chaplaincy to the school, given the pioneering remit to the new build area. We hosted our second annual carol singing event in the expanding West Craigs area, this time in the new Maybury Primary School.

The weekly Toastie Thursday project offers a welcoming space and good value for money lunch for pupils from the local Craigmount High School. On average more than 300 pupils attend each week with 400 attending in December. The total number of toasties made now exceeds 32,700. The project enables bridge building between the local church volunteers (from both Craigsbank and the Old Parish congregations) and the school pupils towards developing an eventual youth ministry. The school staff, pupils and many parents express and ever-growing appreciation of the warm welcome the children are offered every week.

The church raises substantial funds every year supporting a variety of worthy causes and a number of members are directly involved with them. They include the Bethany Care Van, Fresh Start, Christian Aid and the Scottish Poppy Appeal. The Church also supports HMP Edinburgh’s annual Children’s Christmas present appeal. Donations made after church services when members meet over a cup of tea or coffee are distributed quarterly. In 2025 these donations were sent to Four Square (Edinburgh charity supporting people who are homeless or at risk of becoming homeless), Combat Stress (mental health support for veterans), Dementia UK and Orbis (eye condition charity working internationally).

During the summer, in an effort to assist with community building in the new build area, a weekly “teas in the park” community engagement project was run in the western expansion to meet new residents as they were out and about in the parks. This was aided by financial support from Presbytery which enabled the assistance of a summer project worker who has since gone on to study theology at Aberdeen University.

Cherish our ecology

The church is a silver award recipient member of Eco-Congregation Scotland (ECS). The Eco Group continues to encourage domestic recycling, increased ecological awareness, the planting of wild flowers, bulbs and trees, litter picks, promotes Fair Trade, and nurturing greater ecological responsibility at both the primary and the high school. Energy consumption on the church premises is monitored. The group continues to take an active interest in events relating to Climate Change. The group promoted the creation of the new Eco Outreach Fund. Projects thus far included fruit trees purchased, planted and tended to by local primary schoolchildren in East Craigs with the approval of the City Council. This group has also developed links with the newly restructured Corstorphine East and West Craigs Community Council towards activating greater community involvement in the ecological wellbeing of the community’s green spaces.

Be responsible stewards of our organisational assets

Both centres are regularly used to run a number of church and community activities for all age groups. The buildings are well used by the local community including the uniformed organisations, school clubs

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(breakfast clubs and two after school clubs), music groups (as listed earlier) and wellbeing groups. There are also often one-off functions like music concerts and birthday parties held in our buildings. The local Corstorphine Hong Kong Church makes use of the Craigsbank sanctuary and halls on the second and fourth Sunday of every month.

The Property Team continues to look after the maintenance of all the premises to avoid any deterioration that might result in significant future expenditure. The properties are well maintained at both centres as is the manse. The team also carries out regular risk assessments relating to fire safety and building maintenance activities using Health and Safety material from the national church and the church's insurer.

The staff complement has changed during the year. One of our two cleaners retired after many years of service and has been replaced. The church musician (John Patterson) left during the year having joined in 2020. He provided the congregation with much more than music at Sunday worship and is missed. We are in the process of recruiting a replacement musician. Our church administrative officer (Sarah Keith) who joined us in 2024 has increased her hours to 15 hours per week.

Care is taken to manage our database along GDPR principles and Safeguarding compliance always features on the agenda of Kirk Session meetings.

Plans for Future Periods

Being a Church of Scotland parish church , the assumption is that we will, as best we can, continue to fulfil the traditional expectations of a parish church, i.e. parish pastoral care, congregational worship and stewardship of our resources.

Whilst doing so, we keep trying to be a congregation living out the missional intentionality of missional congregations, i.e. the 5 marks they are known for:

On 4 November 2025, the Presbytery of Edinburgh and West Lothian (“Presbytery”) approved the union of Corstorphine Craigsbank with Corstorphine Old Parish as referred to at the start of this Report. The Basis of Union is attached as an Appendix. It became effective on 1 January 2026.

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In 2024, a Pioneering Team was developed with about 10 volunteers who have started to reach out to the rapidly developing conurbation to the west of Maybury Road. Following the success of the 2024 community carol event at Turnhouse Golf Club, another was held in 2025 at the new Maybury Primary School. A matter still worth noting is the challenge of suitable meeting spaces for a pioneering or possible church plant in future as property developments are rapidly taking up suitable, available land. Planning permission has thus far been given the City of Edinburgh Council (CEC) for a total of almost 30,000 new residents in the western expansion. With modest grant support from the Edinburgh Community Grants Fund, we plan to employ a short term, temporary project worker for a pilot of 6 months to run a weekly group in the Turnhouse Golf Clubhouse in the western expansion focused on hosting new mothers and babies. Three pioneer focused projects have been greenlit to be based at the Maybury Primary School: a weekly Book Bugs for parents of very young children, a cycling proficiency course for pupils and cricket coaching for the pupils. The last two are under the oversight of the CEC’s Active Schools programme. The minister is actively involved with the work of the two local community councils whose geographic remit covers the western expansion: Ratho and District Community Council (RADCC) and Corstorphine East and West Craigs Community Council (CEWCCC).

Apart from the unification process and integrating the two Kirk Sessions making best use of teams, specific areas of ministry growth that we are planning to give attention to for the year ahead include (1) developing the proposed pioneer ministry church plant in the Western Expansion, (2) nurturing the ministry to younger parishioners (including, but not limited to the Toddle Tots, developing a youth club, greater schools chaplaincy involvement, the Toastie Thursdays) by participating in the national Growing Young initiative, and, (3) increasingly developing and utilising the Craigsbank Church hall and sanctuary for performing arts by the church and community.

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Financial Review

Unrestricted Funds

General Fund

Designated Legacy Fund

Total of Unrestricted Funds

In aggregate, the General Fund and the Legacy Fund had a deficit of £13,698 (2024 £243 and 2023 £15,557) after allowing for unrealised gains.

Restricted Funds

Youth Ministry Fund

Charity Fund

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Eco Outreach Fund

Flower Fund

Kitchen Fund

Network Fund

Grant Fund

Investment Policy

Investments

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Deposits and Bank Accounts

The Finance Committee monitors compliance with the Investment Policy, investment performance and cashflow needs and keeps the Kirk Session informed no less than quarterly.

Investment Performance

The charity invested a total of £64,993 in the Growth Fund of the Church of Scotland Investors' Trust during 2014. There have been no subsequent purchases or sales of units. Dividend income was £2,076 (2024 £2,076). Unrealised capital gains in the year totalled £7,688 (2024 £8,457 and 2023 £6,612) making a total gain of £40,794 since the initial investment. The year-end dividend yield was around 2%. Further details are available on the COSIT website.

The charity invested in three Fixed Rate Bonds with the Skipton Building Society in 2014 for which credit is taken for interest accrued to date. The two remaining bonds have been reinvested from time to time. As mentioned above, both are due to mature in February 2026 for a total of around £63,000. They currently yield 4%.

Risk Management

Although they do not have a formal risk register, the Trustees are well aware of their wider responsibilities to their members, to the local area and to the church at large. Safeguarding and privacy policies are in place and risk assessments are carried out relating to health, food safety, fire safety and building maintenance activities using Health and Safety material from the national church and the church's insurer. The Trustees are confident that Craigsbank Parish Church has a viable future in union with Corstorphine Old Parish Church when further risk assessments will be carried out.

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Reserves Policy

The Reserves Policy will be reviewed as result of the union with Corstorphine Old Parish Church.

The General Fund meets the regular expenses of the Charity including the general maintenance of buildings and the upkeep and renewal of fixtures and fittings. At the end of the year, the reserves were £27,426 (2024 £35,484) while expenditure in the year was £130,452 (2024 £132,066) so this equates to 2.5 (2024 3.18) months' expenditure. Fabric expenditure of £6,271 was met from the Legacy Fund in the year (2024 nil).

The Legacy Fund is available to meet major non-recurring expenditure on buildings and fabric and is also used to meet the payroll costs of the church administrator. At the end of the year, it had reserves of £163,173 (2024 £168,813).

While the Trustees consider that the General Fund should ideally hold reserves amounting to about six months' expenditure, they appreciate that the aggregate position of the General Fund and the Legacy Fund is more realistic. On that basis, reserves totalled £190,599 (2024 £204,297) with expenditure of £149,464 (2024 £139,795) so the total reserves equate to 15.3 (2024 17.5) months' expenditure.

The Charity Fund is used to disburse amounts collected by the congregation for the benefit of third-party charities and, as such, it holds reserves equal to the amounts awaiting disbursement. The Youth Ministry Fund is being gradually built up in anticipation of further outreach and youth projects building on the success of the Toastie Thursdays. The other restricted funds do not require reserves in addition to the balances held.

Grant Making Policy

From time to time the congregation raises funds for other charitable organisations and causes and these are shown in Note 17. All such collections that pass through the congregation's bank account together with any associated tax recoveries under Gift Aid are deemed to be restricted donations and are credited to the Charity Fund from where they are disbursed to the relevant beneficiaries in the form of charitable donations from the congregation.

Structure, Governance and Management

The congregation is a registered charity (number SC014719) and is administered in accordance with the terms of a Deed of Constitution (Unitary Form) and is subject to the Acts and Regulations of the General Assembly of the Church of Scotland. An updated Deed was issued in January 2026 in the name of the united congregation with Craigsbank Church’s registered charity number being retained.

Members of the Kirk Session are the charity trustees. They are the active elders of the church and are chosen from those members of the congregation who are considered to have the appropriate gifts and skills. The Kirk Sessions of Craigsbank Church and the Old Parish Church became the Kirk Session of the united congregation on 1 January 2026 and all members appear in the list of trustees. Both the Parish Minister and the Pioneering Minister are members of the Kirk Session and were elected by the congregation and inducted by Presbytery. The Parish Minister usually chairs meetings of the Kirk Session.

The Kirk Session has responsibility for both spiritual and temporal matters and it meets at least four times each year. Certain responsibilities are delegated to the Finance Committee, the Property Committee and other Kirk Session Committees as appropriate.

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Reference and Administrative Information

Principal Office-bearers

Minister Session Clerks Church Treasurer

Rev Alan Childs Elaine Thompson and Jane Walker Alan Kennedy

Principal Office

Craigsbank Church of Scotland 19 Craigs Bank, Edinburgh, EH12 8HD Charity Registration Number: SC014719 Congregation Reference No: 010021

Independent Examiner

Louise Presslie, Chartered Accountant Whitelaw Wells, Chartered Accountants 9 Ainslie Place, Edinburgh, EH3 6AT

Bankers

Bank of Scotland 206 St John's Road, Edinburgh, EH12 8SH

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Statement of Trustees, Responsibilities The charity tnLStees are re5Wllsible for ptypi￿1nts1 a tn￿1Ccs. annual report 8ThJ fjnancial stdt¢ments in Lordanc¢ with applicable law and United King(k)m Acc(ymtin8 Stsndar(b (United Kingdum Genernlly AcLLycd Accounting Practice). The law. applicable lo charities in seotland requiJTs the charit). I￿Slee5 ¢0 prepare fmancia] statements for ea¥h year which show a rrue ortd fAir Niem. of the stale ol"affairs of the charilj and ofthe incomin8 resour and application ofresour¢¢s ofthe charity forthat periixl. IJ) prcpartng the financigl Ststernen￿ Iliettustees are required io: sel¢ct suitable accounling poli¢i¢¥ then apply thetn eonsistentl). obscrvc the meth(MJs and principl¢¥ in the applicablc Chsrities qORP: make judgements w)d cstimdtey thdt arc r£￿nabl¢ and prndent: 4tote whether applicable ￿lunlIng s￿hdardS and staiemenls ofreccffnmended practsce have b￿n followcd. subj￿[ Io dny de1rdrtL￿e& disclosed aThJ explained in the stal¢ments: prepare the findnLidl ¥t4(ernenls on thc 8nin8 eoncem b&sis unl¢ss it is inapproIriule to assume that the chariry will continuc in Op¢r￿l￿al ¥xl￿1￿1￿c. The trustcL'¥ arc rcsFX)rt$ibl¢ ftr keepin8 properxc4NJntin8 recor(ly whiLh diy¢lw w'ith r¢&sonable accuracy al any lime the finanLial ￿$1110￿ of the thgxity and (o enable them w ensur¢ thai the financi81 $Lqtements ci)mply wilh thL. Charitics and Trustee tni'estment (Scotland) ALI 21x15 ynd thL Chvities Accounts (%L'oLl8ndl Regulatio￿$ 2(￿ (as amended). Ik¢)" ar¢ also rL'SP()fL8iblc for safeguard5ng the a55ths of the chariry and hence tor taking fL￿Vn￿bIl ¥tLys l()r thc ryC*Lmli()n detecyion ot. Ir&ud und oth irrcgultirities. The trust¢vs respongiblc for maintsininB the irttegrity of the Ch￿1￿ and its r)n#niial InfuTm￿l0n on (he congregation's wibsil¢. I,e8islaiion in the Ilniicd Kingdom goi'ernin¥ the pr¢pfjrO1ion diss•nination of staW'm¢nL5 may diffLr fTh)m I￿1$[￿(10n in ott￿r jurisdicuons. Approved by th¢ Trust¢es and sigttd on their behalf, ElainL Thompson Se￿10n Llerk l)ale ." 4 March 2026 14

Independent Exydminer's Report to tbe Trustees I repLYt on the accounts of thc charit)" for ￿ ycar eThlal 31 DccLrynVrtr 2025 which ar¢ set out on Pa8￿ 16 to 24. ResWtive re8PODJlblli¢ie$ oftrustwj and txmiAer Th¢ charity's tr￿teeS arc respc￿1blc forthe PTeixuii)n of thc xceounts An acci)nkn with t¢rnis tsf the Charities & Irust¢e Invesiment (Scotland) Ad 2005 and the Charttie5 (sc￿18nd) RcgulatioTh% 2006 {ag amcndedy 'lTh¢ charity tN3l¢es ¢onsid¢r that the 8udil requtremenl of Regulaiion 10(] ) la) to {c) of the Aecounls Regiilations does nol apply. It 1% mTr" resp)nsibility ￿ examine the a¥¢ounts 8$ required under section 4411) (c) of ihe Acl and to slaLe wheiher partieular mAttets have ¢onY io m). auention. Basil of Ind¢pendent exmlner's itatern¢nt My exBminutiun ig carricd i)ut in 8ccordance with Rv8ulion I l of the Charities AccoLmts Ik'otl¥nd) Regulatio￿5 21X)6 (ay amended). An examination in¢lu&s a review of the aceouming records kept by ihe Lharity and d Loinparis4)rt of the aCc(m￿lS presented with th()y¢ rc¢ord8. 11 81$47 incI￿leS consideration ul any unusual items or disclosures in the accounts and seeking ¢xpl8rt81ions from ihe tr￿sleeS C4)ncerning any suth nMtter5. The PTocedur¢4 undertaken not provide all th¢ eviLl¢n¢¢ ih81 would he required in an audit. and con8equenily I do express an audii cyini4Y] cffl the view given by the accounts. Independent tumlDer'B Jt*temeat In th¢ course of my examinatiOD, nv mJll¢r ¢0￿￿ trfy my attention , which gives me re&8onabl¢ ¢aLL8e to beliei'e in ma￿rIal ￿sp￿( th¢ trquirements.. ts) kLCP acLounting records in a¢¢ordan¢L wilh SLCli()n 441 I Xa) of ihe 2005 Act 4nd Regulation 4 of ihe 2006 AcccNJnts Re8ulations (&5 am¢n(k￿}. b. Ui prcparL' acc4)unts Hthi¢h ￿0rd with th¢ a¢Lo￿ling r¢¢(￿8 and comply with Regulaiion 8 of the 2006 Accounts Regul￿10￿$ 2006 (9$ 8mended) have not been met. or 2. to whic￿ in my (Vini0￿ attention $houl¢J be in order to enable ¥L pmper und￿'t￿nding of the a¢counis to be reached. Eixaminer Date . 4 March 2V26 Louise Pff5sli¢. Chartered Accountant Whitelaw Wells, Chartcrcd Accoun18nts 9 AirLsli¢ Pla¢e. E.dinbur8h EH3 6AI' 15

Edinburgh: Corstorphine Old and New Church of Scotland Statement of Financial Activities Year ended 31 December 2025

Note
Donations and Legacies
1
Charitable Activities
2
Other Trading Activities
3
Investments
4
Grants
5
Raising Funds
6
Charitable Activities
6
11
15
Reconciliation of Funds
15
15
Total Funds Brought Forward
Total Funds Carried Forward
Transfers between funds
Net Movement in Funds
Net Gains/ (Losses) on
Investments
Net Income / (Expenditure)
Net Movement in Funds
Expenditure on:
Income and Endowments from:
Total Income
Total Expenditure
Net (Expenditure) / Income
before gains and losses on
investments		 Unrestricted
Funds
2025
£		 Restricted
Funds
2025
£		 Total
Funds
2025
£		 Unrestricted
Funds
2024
£		 Restricted
Funds
2024
£		 Total
Funds
2024
£
57,624
980
64,273
5,201
-		 6,331
1,729
21,950
-
3,850		 63,955
2,709
86,223
5,201
3,850
161,939
245
173,634
173,879
( 11,940)
7,688
( 4,252)
-
( 4,252)
209,780
(4,252)
205,528		 66,337
359
57,686
5,531
1,182
131,096
18
139,778
139,795
( 8,700)
8,457
( 243)
( 668)
( 911)
205,208
(911)
204,297		 5,524
-
14,809
-
2,860
23,192
56
20,595
20,650
2,542
-
2,542
668
3,210
2,273
3,210
5,483		 71,861
359
72,495
5,531
4,042
128,078 33,860 154,288
41
149,423		 205
24,210		 74
160,372
149,464 24,415 160,446
( 21,386)
7,688		 9,445
-		 ( 6,158)
8,457
( 13,698) 9,445 2,299
- - -
( 13,698) 9,445 2,299
204,297
(13,698)		 5,483
9,445		 207,481
2,299
190,599 14,929 209,780

There are no Endowment Funds.

Edlnburgh: CorstorphiAe Old and New Ch•rch of Stotland Balance Sheet a131 December 2025 To Notr 2025 2•25 2•15 1024 2021 Flxtd A••¢lg TaD￿le.485￿s Inve8tments 168.082 168.082 168.08? l56.7l2 156.71) 156,712 150,712 CMrm¢ Debtsir5 Ca5b atb￿]k￿d in h￿d Tfyt•l CurrnNI Amcts 12 14 4.711 2?4 4,935 37.991 42.926 7J93 137 14,705 14. SI￿86 59216 27,4 53.265 5,950 Llabiliries c.redit(￿5 trallingd￿ withtii t￿Ye￿ IJ 5.480 5,680 467 6.147 Nrt CurrtAI As# 14.929 37.446 5.483 53.069 Cr•dhor¥ filMw8 ft• oi¢ yur 14 I￿,.149 14,929 ?09,780 Futhd8 ofike ¢l•my UgrHtrkttd FNDds (i¢D¢r?I rJ*4iWled (￿￿1$ 27.426 1fi3.173 19¥).5 35,484 204297 5,483 Retrtrlttsd Fund$ EttdovmtAt F¥w Totsl FuDd¥ 15 Js 205.528 2CPJ,78Q Fw oTrJ ￿ b¢b8lf of the Kirk Srssi Elaintllbjmpxyt 17-

Year ended 31 December 2025

Edinburgh: Corstorphine Old and New Church of Scotland

Accounting Policies

The principal accounting policies, which have been applied consistently in the current and preceding year in dealing with items which are considered material to the accounts, are set out below.

Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019) - (Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102 the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).

The Church constitutes a public benefit entity as defined by FRS 102.

The trustees' going concern assessment takes account of the union of congregations and charities, the basis of which appears in the Appendix. The assessment covers a period of at least twelve months from the date of signing of these financial statements. Notwithstanding the outstanding question about the future of church premises, they consider that there are no material uncertainties about the charity’s ability to continue as a going concern.

These financial statements for the year ended 2025 have not been consolidated with those of Corstorphine Old Parish Church as the union did not occur until 1 January 2026.

Fund Accounting

Funds are classified as either restricted funds or unrestricted funds, defined as follows.

Restricted funds are funds subject to specific requirements as to their use which may be declared by the donor or with their authority or created through legal processes, but still within the wider objects of the charity.

Unrestricted funds are expendable at the discretion of the trustees in furtherance of the objects of the charity. If parts of the unrestricted funds are earmarked at the discretion of the trustees for a particular purpose, they are designated as a separate fund. This designation has an administrative purpose only and does not legally restrict the trustees’ discretion to apply the funds.

The charity has no endowment funds, that is funds which have been given on the condition that the original capital sum is not reduced, but the income therefrom is used for the purpose defined in accordance with the objects of the charity.

Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Interest Receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable.

Accrued interest on the Fixed Rate Bonds invested with the Skipton Building Society is included but no credit is taken for interest that may have accrued on holdings in the Deposit Fund of the Church of Scotland Investors' Trust.

Expenditure

Expenditure and any interest on loans is recognised on an accruals basis as the liability is incurred.

Fixed assets

The charity has the right to occupy and use for its charitable objects certain tangible fixed assets, namely Craigsbank Church, East Craigs Church Centre, the church halls and manse, all of which are vested in the Church of Scotland General Trustees. No consideration is payable for the use of these assets. Expenditure incurred on the repair, maintenance and insurance of these assets is charged as resources expended in the Statement of Financial Activities in the period in which the liability arises.

All tangible fixed assets are written off in full at the time of purchase.

Investments

Fixed asset investments are stated at market value at the balance sheet date. Unrealised gains and losses represent the difference between the market value at the end and the beginning of the financial year or, if purchased in the year, the difference between the market value at the end of the year and the cost. Realised gains and losses represent the difference between the proceeds on disposal and the market value at the start of the year or cost if purchased in the year.

Financial Instruments

These comprise financial assets and financial liabilities which are recognised when the charity becomes a party to the contractual provisions of the instrument. They are classified as “basic” in accordance with FRS102 and are accounted for at the settlement amount due which equates to the cost. Financial assets comprise investments and cash. Financial liabilities comprise accruals.

Taxation

Edinburgh: Corstorphine Craigsbank Parish Church is recognised as a charity for the purposes of applicable taxation legislation and is therefore not subject to taxation on its charitable activities. The Charity is not registered for VAT and resources expended therefore include irrecoverable input VAT.

Judgements and key sources of estimation uncertainty

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Edinburgh: Corstorphine Old and New Church of Scotland Notes Forming Part of the Financial Statements for the Year ended 31 December 2025

Unrestricted
Funds
2025
£
1 Donations and Legacies
Offerings
46,487
Gift Aid Tax Recoveries
10,137
Legacies
1,000
Value of Donated Goods
-
Charity Collections
-
Charity Collections (tax recovery)
-
57,624
2 Income from Charitable Activities
Weddings and Funerals (donations)
980
Weddings and Funerals (tax recovery)
-
Coffee mornings etc
-
Concerts
-
Other
-
980
3 Income from Other Trading Activities
Rent from Hall Lets
64,273
Use of Premises for Funerals
-
Toastie Income
-
64,273
4 Investment Income
Dividends
2,076
Deposit interest
2,577
Bank interest
548
5,201
5 Grants
Church of Scotland Grant
-
Listed Places of Worship Scheme
-
Job Retention Scheme Grant
-
Grant from Presbytery
-
Eco Grant
-
-
Analysis of Income		 Unrestricted
Funds
2025
£		 Restricted
Funds
2025
£		 Total
Funds
2025
£
46,487
10,137
1,000
-
-
-		 3,448
392
-
-
1,993
498
57,624 6,331
-
-
-
1,475
254
980 1,729
-
-
21,950
64,273 21,950
2,076
2,577
548		 -
-
-
5,201 -
-
-
-
-
-		 -
-
-
3,850
-
- 3,850

Edinburgh: Corstorphine Old and New Church of Scotland Notes Forming Part of the Financial Statements for the Year ended 31 December 2025

6
Raising Funds
Loan Interest
Bank Fees
Offering Envelopes
Charitable Activities
Giving to Grow
Presbytery Dues
Children's Ministry
Minister's Expenses (note 8)
Congregational Activities
Pulpit Supply
Other Salary Costs
Fabric Repairs & Maintenance
Insurance
Utilities
Council Tax (note 8)
Building & Equipment Costs
Operational Costs
Organ & Music
Independent Examiner’s Fee
Catering Costs
Catering Equipment
Charitable Donations (note 17)
Other Expenses
Total
Analysis of Expenditure		 Unrestricted
Funds
2025
£		 Restricted
Funds
2025
£		 Total
Funds
2025
£		 Unrestricted
Funds
2024
£		 Restricted
Total
Funds
Funds
2024
2024
£
£
-
41
-
41
51,498
1,093
-
2,621
1,007
339
35,514
15,318
5,616
19,175
3,982
4,144
5,315
1,167
1,704
-
-
-
931
149,423
149,464		 -
205
-
205
-
-
837
-
798
13
1,549
-
293
1,232
-
163
839
-
-
13,327
145
4,461
554
24,210
24,415		 -
245
-
245
51,498
1,093
837
2,621
1,804
352
37,063
15,318
5,909
20,407
3,982
4,307
6,154
1,167
1,704
13,327
145
4,461
1,485
173,634
173,879		 -
18
-
18
52,669
967
-
2,753
406
181
30,778
10,696
5,292
16,901
3,728
3,445
9,042
1,068
1,500
-
-
-
351
139,778
139,795		 -
-
56
74
-
-
56
74
-
52,669
-
967
254
254
-
2,753
-
406
-
181
516
31,294
-
10,696
276
5,568
1,150
18,051
-
3,728
140
3,585
-
9,042
-
1,068
-
1,500
10,704
10,704
1,282
1,282
3,355
3,355
2,917
3,267
20,595
160,372
20,650
160,446

Support costs have not been separately identified as the trustees consider there is only one charitable activity. Therefore support costs relate wholly to that activity and have not been separately identified.

7 Staff Costs and Numbers

ff Costs and Numbers
2025
£
Salaries and wages
33,780
Social security costs
-
Other pension costs
933
Total staff costs
34,714
The average number of employees during the year, calculated on the basis of a head count, was as follows:
Administrative support
1
Music staff
1
Premises maintenance
2
Total staff numbers
4		 2024
£
30,704
-
51
30,755
1
1
2
4

All Church of Scotland congregations contribute to the National Stipend Fund which bears the costs of all ministers' stipends and employer's contributions for national insurance, pension and housing and loan fund. Ministers' stipends are paid in accordance with the national stipend scale, which is related to years of service. For the year under review the minimum stipend was £32,433 and the maximum stipend (in the fifth and subsequent years) £39,856. There were no staff in the year under review or in the previous year paid over £60,000.

Edinburgh: Corstorphine Old and New Church of Scotland Notes Forming Part of the Financial Statements for the Year ended 31 December 2025

8 Trustee Remuneration and Related Party Transactions

During the year, Council Tax of £3,982 (2024 £3,728) was paid in respect of the Manse occupied by the Minister.

During the year, expenses reimbursable to the Minister comprised £2,021 (2024 £2,153) for travel and £600 (2024 £600) for telecommunications.

Nine (2024 nine) trustees were reimbursed for expenses totalling £6,630 (2024 £7,560) that were paid on behalf of the congregation.

During the year, no other Trustee received any reimbursement and none received any remuneration.

Jan Rutherford became an Elder and a Trustee on 19 September 2021. For many years, she and her husband have provided a great deal of expertise relating to church publications and our on-line presence on a voluntary basis. Their firm Rutherfordinc Ltd arranged for the printing and distribution of church publications during the year for £1,678 (2024 £1,499) on normal commercial terms.

No other Trustee or a person related to a Trustee had any personal interest in any contract or transaction entered into by the charity during the year.

During the year £7,620 (2024 £8,924) was donated to the congregation under Gift Aid by its Trustees so the charity also benefitted from the corresponding tax recoveries. A further £2,400 (2024 £2,300) was donated without the benefit of Gift Aid.

9 Volunteers

In common with all congregations of the Church of Scotland and as stated elsewhere in this Report, the congregation benefits from the contribution made by volunteers who give of their time and talents willingly for the benefit of the Church. The areas of congregational life which rely on the contribution of volunteers are many and varied and much of the activity would be unable to continue were it not for the commitment shown.

10 Tangible Fixed Assets

The charity holds no tangible fixed assets nor has it acquired or disposed of any; the section on Tangible Fixed Assets in the Accounting Policies refers.

Edinburgh: Corstorphine Old and New Church of Scotland Notes Forming Part of the Financial Statements for the Year ended 31 December 2025

Column headings for this page Unrestricted
Restricted
Total
Funds
Funds
Funds
2025
2025
2025
£
£
£		 Unrestricted
Restricted
Total
Funds
Funds
Funds
2024
2024
2024
£
£
£

11 Investments

The investments consist of the following.

Market value at 1 January
Acquisitions at cost
Disposals at opening value/cost
Net gains (losses) on revaluation
Market value at 31 December
Historic cost at 31 December
Proceeds
Opening market value
Net realised gains (losses) in year		 156,712
62,296
( 58,613)
7,688
168,082
127,289
58,613
58,613
-		 -
-
-
-
-
-
-
-
-		 156,712
62,296
( 58,613)
7,688
168,082
127,289
58,613
58,613
-		 147,260
29,406
( 28,411)
8,457
156,712
123,606
28,411
28,411
-		 -
-
-
-
-
-
-
-
-		 147,260
29,406
( 28,411)
8,457
156,712
123,606
28,411
28,411
-

The two remaining fixed term bonds (bond 2 and bond 3) matured in February 2025 and were both fully reinvested for a further period of one year with interest fixed at 4%.

The following investments are held:

15,376 units in the Church of Scotland
Investors Trust Growth Fund.
Fixed Rate Bonds with the Skipton
Building Society.
12
Gift Aid Tax Refund Due
Legacy Income Due
Bank Interest
Deposit Interest
Other Income Due
13
Accrued Expenditure
Deferred Income
Debtors
Creditors		 105,787
62,296
168,082
2,573
-
-
2,138
-
4,711
5,480
-
5,480		 -
-
-
224
-
-
-
-
224
-
-
-		 105,787
62,296
168,082
2,797
-
-
2,138
-
4,935
5,480
-
5,480		 98,099
58,613
156,712
2,745
-
-
3,327
1,321
7,393
5,680
-
5,680		 -
-
-
137
-
-
-
-
137
467
-
467		 98,099
58,613
156,712
2,882
-
-
3,327
1,321
7,530
6,147
-
6,147

Edinburgh: Corstorphine Old and New Church of Scotland Notes Forming Part of the Financial Statements for the Year ended 31 December 2025

14 Analysis of Net Assets Among Funds

a Analysis at 31 December 2025
Fixed Assets
Investments
Bank and Cash
Debtors
less Creditors
Net assets at 31 December
b Analysis at 31 December 2024
Fixed Assets
Investments
Bank and Cash
Debtors
less Creditors
Net assets at 31 December		 General
£
-
-
30,333
2,573
(5,480)
27,426
General
£
-
-
37,245
4,066
(5,827)
35,484		 Designated
£
-
168,082
( 7,047)
2,138
-
163,173
Designated
£
-
156,712
8,627
3,327
147
168,813		 Restricted
£
-
-
14,705
224
-
14,929
Restricted
£
-
-
5,814
137
(467)
5,483		 Total
£
-
168,082
37,991
4,935
(5,480)
205,528
Total
£
-
156,712
51,686
7,530
(6,147)
209,780
15
a
Analysis for Year ended 31 December 2025
Restricted funds
Charity Fund
Eco Outreach Fund
Flower Fund
Kitchen Fund
Youth Ministry
Network
Grants
Unrestricted funds
Legacy Fund
General Fund
Total funds
b
Analysis for Year ended 31 December 2024
Restricted funds
Charity Fund
Eco Outreach Fund
Flower Fund
Kitchen Fund
Youth Ministry
Unrestricted funds
Legacy Fund
Toastie Fund
General Fund
Total funds
Movements in Funds		 At 1 Jan
£
952
13
131
479
3,908
-
-
5,483
168,813
35,484
204,297
209,780
At 1 Jan
£
1,414
14
168
678
-
2,273
162,205
668
42,335
205,208
207,481		 Income
£
4,041
-
551
1,054
23,628
737
3,850
33,860
5,684
122,394
128,078
161,939
Income
£
2,895
2,860
20
986
16,431
23,192
5,881
-
125,214
131,096
154,288		 Expenditure
£
4,461
13
315
145
16,285
129
3,067
24,415
19,012
130,452
149,464
173,879
Expenditure
£
3,357
2,860
56
1,185
13,191
20,650
7,729
-
132,066
139,795
160,446		 Transfers
£
-
-
-
-
-
-
-
-
-
-
-
-
Transfers
£
-
-
-
-
668
668
-
( 668)
-
(668)
-		 Gains / (Losses)
£
-
-
-
-
-
-
-
-
7,688
-
7,688
7,688
Gains / (Losses)
£
-
-
-
-
-
-
8,457
-
-
8,457
8,457		 At 31 Dec
£
532
0
367
1,388
11,251
607
783
14,929
163,173
27,426
190,599
205,528
At 31 Dec
£
952
13
131
479
3,908
5,483
168,813
-
35,484
204,297
209,780

Edinburgh: Corstorphine Old and New Church of Scotland Notes Forming Part of the Financial Statements for the Year ended 31 December 2025

16 Description of Funds

Purposes of Restricted Funds

Charity Fund : This fund was established for amounts collected by the congregation for the benefit of third party charities so they might be clearly identified as such in the congregational accounts if they pass through the congregation's bank account.

Eco Outreach Fund : This was established when the Kirk Session agreed to support environmental outreach of the "Eco Team" to involve the youth of the church and within the local parish and primary school. It involved grant funded projects undertaken in 2022 and 2024.

Flower Fund : This fund was established for amounts collected by the congregation for the provision of flowers at Craigsbank Church and was extended to include East Craigs Church Centre in 2025.

Kitchen Fund : This fund was established in 2023 for the provision of kitchen equipment to assist with congregational events.

Youth Ministry Fund: This fund was set up in 2024 to cover a range of activities enabling the church reach out to youth in the parish. These activities include “Toastie Thursdays” that provide lunchtime food and drinks to local secondary school children at Craigsbank, Toddle Tots for young children and their parents or grandparents and the Junior Music Makers. The assets of the earlier designated Toastie Fund were transferred into the Youth Ministry Fund.

Network Fund : This fund was set up in 2025 when it was agreed that its accounts should be incorporated into the charity. Network comprises members of the congregation and participates in its mission.

Grants Fund : This fund was set up in 2025 to ring fence grant income to ensure that the associated expenditure meets the conditions of each grant.

Purposes of Unrestricted Funds

General Fund : This fund covers all matters not falling within the remit of the other funds.

Legacy Fund : This designated fund was established in 2013 when the church was informed that it was to receive a substantial unrestricted legacy. The Trustees have decided that its primary purpose is to fund major refurbishments of the premises and the employment costs of the church administrator.

17 Collections for Third Party Charities
African Children's Choir
Orbis UK
Four Square
Combat Stress
Dementia UK
Christian Aid
Fresh Start
Water Aid
Corstorphine Dementia Project
Bethany Christian Trust
Marie Curie
Collected through the Charity Fund
Christian Aid (outwith Charity Fund)
Total Collected for Third Party Charities		 2025
2024
£
£
2,117
523
489
420
418
75
78
1,300
462
420
417
218
4,042
2,895
2,498
2,296
6,540
5,191

The total raised for Christian Aid was £2,573 (2024 £2,374) including gift aid that they will claim. It comprises £943 (2024 £863) from the hunger lunch held in December and £1,630 (2024 £1,511) raised in Christian Aid week.

Gifts for children for the Samaritans' Purse Appeal.

Christmas gifts were given to the children of prisoners at HMP Edinburgh.

Clothing and other articles donated for the Bethany Care Van and for Fresh Start. Donations towards starter packs for Fresh Start.